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Trivalent Chromium Finishing Market Analysis - Size, Growth, Trends, and Regional Outlook by 2023
Market Research Future Has Published a Cooked Research Report on the Trivalent Chromium Finishing Market Research Report – Global Forecast till 2025
Market Overview and Growth Factors:
Trivalent Chromium Finishing Market is mainly driven by the growing regulatory support for the use of trivalent chromium instead of the conventional hexavalent variant, while the market is mainly hampered by the easy availability of thermal spray coating as a superior alternative.
Trivalent Chromium Finishing Market Analysis is expected to exhibit a major rise in the coming years, with a 5.8% CAGR projected for the market over the 2018-2025 forecast period, according to the latest research report from Market Research Future (MRFR). The global trivalent chromium finishing market is expected to rise from its 2017 value of USD 271 million up to USD 416 million by 2025, according to the report.
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Competitive Analysis:
Leading players in the global trivalent chromium finishing market include:
Three J’s Industries Inc.,
Master Finish Company,
CHEMEON Surface Technology LLC,
Electro Chemical Finishing,
Asterion LLC,
Midland Polishing and Plating Ltd.,
Ronatec C2C Inc.,
Chem Processing Inc.,
Atotech,
MacDermid Inc.
In August 2019, Chemeon offered a new eTCP program for visually distinctive trivalent chromium finishing in a clear blue hue. This, according to the company, is a major step in quality control.
Segmentation:
The global Trivalent Chromium Finishing Market is segmented on the basis of type, application, and region.
By type, the global trivalent chromium finishing market is segmented into plating, conversion coatings, and passivation.
Major applications of trivalent chromium finishing include automotive, hydraulics & heavy machinery, oil & gas, aerospace, and others.
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Regional Analysis:
North America is likely to be a major regional market for the trivalent chromium finishing technology over the forecast period due to the growing demand from the automotive, oil and gas, aerospace, and machinery industries. The growing presence of the aforesaid industries in North American countries such as the U.S. and Canada is a major driver for the global trivalent chromium finishing market. The automotive industry in North America is likely to be a major revenue generator for the global trivalent chromium finishing market over the forecast period due to the growing demand for new technology in the manufacturing sector. The growing demand for environmentally viable coating materials and technologies is likely to be a major driver for the trivalent chromium finishing market in North America over the forecast period. The increasing demand for replacing hexavalent chromium finishing with more advanced variants is likely to be a major driver for the global trivalent chromium finishing market over the forecast period.
Asia Pacific is likely to exhibit high promise in the global trivalent chromium finishing market over the forecast period. The growing manufacturing sector in the Asia Pacific is likely to be a major driver for the trivalent chromium finishing market in the region. The automotive industry in Asia Pacific has experienced rapid growth over the last few decades due to the growing demand for automotive manufacturing units in developing countries such as China, India, South Korea, and Japan. The growing automotive industry is likely to play a major role in the growth of the trivalent chromium finishing market in Asia Pacific over the forecast period, as the growing demand for premium automotive technology and finish has resulted in a growing demand for trivalent chromium finishing. The rising demand for premium automobiles in Asia Pacific’s increasingly affluent countries is likely to be a major driver for the trivalent chromium finishing market in the region over the forecast period.
The growing metalworking and machinery market in Asia Pacific is also likely to be a promising avenue for the trivalent chromium finishing market in the region over the forecast period. Due to the growing industrial sector in the region, the demand for various types of industrial machinery has grown rapidly over the last few years. This has also resulted in a growing demand from the trivalent chromium finishing market, as trivalent chromium finishing is considered as the high standard in the chromium finishing sector.
Europe is also likely to exhibit robust growth in the global trivalent chromium finishing market over the forecast period.
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N-hexyl alcohol Industry Analysis - Trends, Size, Share, Growth, Demand and Regional Outlook by 2023
Market Research Future Published a Half-Cooked Research Report on Global N-Hexyl Alcohol Market Research Report.
Market Definition:
Asia-Pacific accounted for the majority share of the N-hexyl alcohol market in 2017; the regional market is likely to witness significant growth during the review period. This can be attributed to the growing chemicals industry in developing nations such as China and India as a result of low manufacturing costs, easy availability of raw materials and labor, and lax environmental regulations. Additionally, the increasing demand for chemicals in the rapidly growing end-use industries such as automotive, construction, healthcare, and cosmetics and personal care is fueling the demand for N-hexyl alcohol. The rising popularity of packaged food products with changing lifestyles and growing working population is propelling market growth. The revenue earned from packaged food products has increased by approximately 36% in the last five years in the region.
Market Overview and Growth Factors:
N-hexyl alcohol Industry Analysis has been segmented, by region, into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
North America is a prominent market for N-hexyl alcohol as a result of the growing cosmetics and personal care industry. The rising demand for multi-functional personal care products, compact beauty products, and anti-perspirants as a result of changing lifestyles are driving market growth.
The European market is expected to witness significant growth during the review period with the growing packaging industry due to the increasing demand for eco-friendly and premium-quality products. Additionally, the growth of the pharmaceuticals industry with an increase in healthcare spending coupled with rising health awareness and per capita income is stimulating product demand.
The markets in Latin America and the Middle East & Africa are expected to grow as a result of the growing end-use industries such as packaging, cosmetics and personal care, and healthcare.
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Key Players:
Some of the key players in the global N-hexyl alcohol market are:
Sasol Limited (South Africa),
Sisco Research Laboratories Pvt. Ltd. (India),
the Good Scents Company (US),
Merck KGaA (Germany),
Bharat Jyoti Impex (India),
Alfa Aesar (US),
Ecogreen Oleochemicals (Singapore),
Zhejiang NHU Company Ltd, NHU (China),
Penta Manufacturer (US).
Segmentation:
The global N-hexyl alcohol market Size has been segmented by application, end-use industry, and region.
Based on application, the market has been segmented into plasticizer precursor, chemical intermediate, odor agent, flavoring agent, inert ingredient, lubricant, additive, processing aid, fabric softener, and others.
Based on end-use industry, the market has been divided into chemicals, food & beverage, cosmetics and personal care, pharmaceuticals, textiles, plastic, and others.
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Industrial Filters Market Analysis, Segments, Share, Growth, Trends, Demand, by 2024
Market Research Future Has Published a Half-Cooked Research Report on the Global Industrial Filters Market.
Market Overview:
The global industrial filters market is expected to showcase significant growth during the review period owing to the extensive growth of the major end-use industries such as food & beverage, metal & mining, chemical, pharmaceuticals, and power generation across the world. Additionally, the requirement of a safe working environment in industrial facilities as per the government norms is further expected to fuel the growth of the global industrial filters market
The growth of the global Industrial Filters Market Analysis majorly driven by rapid industrialization and urbanization coupled with stringent regulations for emission and treatment of industrial waste.
Competitive Analysis:
Some of the prominent players operating in the global industrial filters market are Valmet (Finland), 3M (US), Ahlstrom-Munksjo (Finland), Lydall, Inc (US), Nordic Air Filtration (Finland), Fibertex Nonwovens A/S (Denmark), Sefar AG (Switzerland), Freudenberg Filtration Technologies SE & Co. KG (Germany), Clear Edge (US), Sandler AG (Germany), American Fabric Filter Co (US), and ANDRITZ (Austria).
Market Segmentation:
The global industrial filters market has been segmented based on type, end-use industry, and region.
By type, the global market is divided into air and liquid. The liquid filter segment accounted for a larger market share in 2018 due to the rising need for wastewater treatment, chemicals, filtration of drinking water, and filtration procedures. Liquid filters are used in the treatment of coolants and lubricants, oil, fuel, urea, food and beverages, blood plasma, and wastewater. The growth of the liquid filtration can be attributed to factors such as minimization of time consumed and avoiding expensive replacement of fouled membrane filters. On the other hand, the air filtration segment is projected to grow on account of degrading air quality and global warming, which have resulted in the imposition of strict emission regulations on industries to reduce the pollutants released in the air.
On the basis of end-use industry, the global market has been segmented into food & beverage, metal & mining, chemical, pharmaceuticals, power generation, and others. Among these, the food & beverage segment held the largest market share and is expected to be the fastest-growing end-use industry for industrial filters. This is due to the high demand for water filtration in this industry, required for washing, beverage production, and processing purposes due to increased food safety concerns and growing population.
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Regional Analysis:
The global market, by region, has been segmented into Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific accounted for the largest market share in 2018 owing to the high demand for the product in food & beverage, chemical, pharmaceuticals, and power generation industries. The fast-paced industrialization and urbanization in countries such as India, Vietnam, Thailand, and Malaysia is expected to result in an increased demand for filtration of industrial waste, thereby fueling the demand for industrial filters.
The North American and European markets are expected to witness healthy growth due to large industrial base coupled with stringent regulations for environment protection by the US Environment Protection Agency and the European Union.
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Automotive Foam Market Analysis - Size, Share, Growth, Trends, by 2025
Market Research Future has published a Half-Cooked Research Report on the Global Automotive Foam Market.
Market Forecast
Automotive foam has emerged as a new engineering material with multifunctional properties for a broad range of transportation applications. It is designed to increase structural strength as well as enhance vehicle safety, comfort, and acoustics. Automotive foam is used in the interior and exterior parts of vehicles. Polyurethane foams are significantly used for managing vehicle noise and vibration. It also helps to meet sustainability by increasing fuel efficiency and improving mobility.
Automotive Foam Market Analysis is expected to register a CAGR of 10.23% during the forecast period and cross USD 73.42 Billion by 2025.
Pricing Analysis
Automobile manufacturers are emphasizing on reducing the weight of vehicles to increase fuel efficiency and curb CO2 emissions. Serval automotive foam manufacturers are developing innovative and high-quality automotive foam to enhance the efficiency of vehicles. For instance, polyurethane foam is commonly used in the automotive industry owing to its benefits. A car that weighs 1000 kg comprises approximate 100 kg of plastics of which around 15 kg is polyurethanes. Thus, the unique properties of automotive foam help the automobile manufacturers to increase the safety and enhance the performance.
The price of automotive foam varies depending upon its application and requirement. The foams are differentiated based on mechanical strength flexibility and stiffness. Flexible polyurethane foam is majorly used for cushioning automobile parts. The price of polyurethane foam ranges from USD 3.50 per sheet to USD 5.5 per sheet. Polyether automotive foam costs around USD 4.89/kg.
Segmentation
By Type
Polyurethane foam is a combination of lightweight and flexible materials with higher durability and strength. The flexible properties of polyurethane foam allow the manufactures to implement new designs. It is used in vehicle seats, cushions, door panels, dashboards, bumpers, and dashboards.
Polyolefin (PO) foam is a lightweight and flexible foam that offers thermal insulation and flame resistance. It finds a wide range of applications in automotive interior parts such as headliners, door trim, and trunk mats.
The other segment includes polyethylene and polyamide foams. These foams are used in various automobile parts.
By Application
Door panels act as an interface between door and vehicle occupants. It is projected to meet a variety of design specifications in terms of aesthetics, functionality, and safety. Doors have an inner panel that comprises of central locking system and electronic windows. These panels consist of automotive foam covered with either textiles or plastics. Thus, door panels are among the toughest sets of requirements in car interior components, which are designed to channel loads onto the car body.
Polyurethane foams are majorly used in automotive seat cushions. They enhance the aesthetic appeal of the seat.
By End-Use
Positive economic outlook and rise in disposable incomes have increased the sale of cars in Asia-Pacific. Developing countries are witnessing a gradual shift from public mode of transportation to comfortable & convenient transportation. Also, the upper-middle-class population is switching from personal convenient transportation mode to luxurious cars.
The demand for heavy commercial vehicles is growing rapidly owing to the development of road and infrastructure led by rapid industrialization. The increasing number of manufacturing industries across the globe has resulted in the expansion of distribution and logistics channels for goods & services, which is expected to augment the growth of the global automotive foam market.
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By Region
North America: The US is the largest exporter of petroleum, aircraft parts, and cars that require heavy commercial vehicles to transport goods. Besides, the automotive industry in the region is growing at a significant rate, which is expected to increase the demand for automotive foam.
Europe: The region has a large presence of major automobile manufacturers such as Volkswagen and Daimler, which is expected to boost the demand for automotive foam in the automotive industry.
Asia-Pacific: Emergence of electric vehicles in China, India, and Japan is boosting the demand for automotive foam products.
Latin America: Brazil is the major producer of textile, electronics, medicines, and paints. Increasing use of commercial vehicles to support the transaction of goods and services is propelling the regional market growth.
Middle East & Africa: Heavy and light commercial vehicles play a vital role in the distribution and transportation of oil and gas in the region. In addition, increasing construction activities in UAE and Saudi Arabia has increased the use of heavy commercial vehicles in the transportation of construction material.
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Aerospace Foams Market Analysis, Share, Growth, Trends, Demand, by 2025
Market Research Future has published a Half-Cooked Research Report on the Global Aerospace Foams Market.
Market Synopsis
According to MRFR analysis, Aerospace Foams Market was valued at USD 5.42 Billion in 2018 and is projected to register a CAGR of 6.8% during the forecast period, 2019–2025.
The growth in the number of passenger traffic due to the rising per-capita income and emergence of low-cost airlines are fueling the growth of the commercial aircraft segment, which in turn, is expected to contribute to the growth of the global Aerospace Foams Market Analysis in the coming years.
Pricing and Regulatory Analysis
In 2018, the aerospace foams were priced between USD 2.5 and USD 5 per square meter across the globe.
Several aviation-based international governing authorities such as the International Traffic in Arms Regulations (ITAR), National Qualifications Authority (NQA), and Aircraft Information Management Systems (AIMS) have framed safety requirements for airlines and aircraft structures.
By Application
Aircraft Seats: The segment accounted for the largest share of the global market in 2018 and is expected to continue the similar trend during the forecast period. The growth in the number of passenger traffic across the world is boosting the manufacturing of new commercial aircraft. Also, the growing safety regulations and standards for aircraft seating are propelling the growth of the segment.
Interior Panel Structures: The segment held the second-largest share of the global market in 2018. Aerospace foams help in dampening the sound & vibration and also in thermal & electrical insulation of the interior panel structures.
Floor Coverings: Foams help to meet mechanical performance requirements and the stringent aviation regulatory standards in floor coverings
Flight Deck Pads: Flight deck pads are largely used for general aviation and military aircraft applications.
Electrical Components: Foams play the role of preventing the electrical components from entangling and keeping in place, while at the same time protecting the electrical components from thunderstorms, and lightning shocks.
By End-Use
Commercial Aircraft: The segment held the largest share of the global aerospace foam market in 2018 and is expected to register the highest CAGR during the forecast period. An increasing number of air passengers in the developing countries of Asia-Pacific due to rising per-capita income and the surge in low-cost carriers in the regions are propelling the growth of the segment and thus boosting the growth of the global commercial aircraft market.
General Aviation: The segment held the second-largest share of the global aerospace foams market in 2018. It includes two-seat training aircraft, utility helicopters, intercontinental business jets. According to the General Aviation Manufacturers Association (GAMA), there were more than 446,000 general aviation aircraft across the globe as of 2018, of which over 211,000 aircraft were in the US and over 136,000 aircraft in Europe. The fuselage, bulkheads, and wings of the general aircraft are made with light-weight composites, manufactured using polymer foams.
Military Aircraft: The rise in military expenditure is likely to drive the demand for aerospace foams for military aircraft manufacturing in the coming years. According to the Stockholm International Peace Research Institute (SIPRI), the military expenditure across the globe rose to USD 1.822 trillion in 2018, representing an increase of 2.6% from 2017. The five major countries in 2018 were the US, China, Saudi Arabia, India, and France, which together accounted for around 60% of global military spending. As per the report published by SIPRI, the military expenditure in the US was USD 649 billion in 2018 and is projected to reach USD 799 billion by 2022. China’s military expenditure in 2018 was USD 250 billion, and India’s military spending was USD 66.5 billion in2018.
SEGMENTATION
By Type
Polyurethane Foam: The segment held the largest share of the global aerospace foams market in 2018 owing to its low cost and superior performance characteristics over other types of foams such as closed-cell structure, high rigidity, resistance to water and fire, and excellent durability. Polyurethane foam is finding increasing demand in the manufacturing of aircraft seating, floor covering, flight deck pads; passenger cabin walls; aircraft ceilings; overhead stowage; interior aircraft class dividers; aircraft galleys; and lavatories. It is also preferred in the manufacturing of Boeing BMS 8-133.
Polyethylene Foam: Polyethylene foams also finds applications in aircraft manufacturing due to its excellent thermal and chemical resistance properties.
Melamine Foam: Melamine foam is generally used for its excellent thermal and acoustic insulation property in the interior sidewall panels of aircraft.
Metal Foam: Metal foams are largely preferred for military aircraft due to its excellent mechanical strength on account of its configuration that includes hollow metal spheres.
Polyimide Foam: Polyimide foams are extreme temperature resistant and non-flammable, along with being light-weight and durable. This led to its widespread use in F110 engines, F135 engines, B-2 engine, F-117 engine, F-22 engine, missile structures, and fifth- & sixth-generation engines.
Others: The others segment includes PET Foam, PVC Foam, Specialty High-Performance Foam, Polymethacrylimide (PMI) Foam, Polyetherimide (PEI) Foam, Polyethersulfone Foam (PES) Foam, Polyphenylsulfone (PPSU) Foam, and Polyvinylidene Fluoride (PVDF) Foam
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By Region
North America: The expanding aerospace industry in the US due to increasing passenger traffic and the presence of major aircraft manufacturers are driving the demand for aerospace foam in the region.
Europe: The presence of leading airline manufacturers such as Airbus, AltiGator, ArianeGroup, and United Aircraft Corporation, among others in the region are contributing to the demand for aerospace foams.
Asia-Pacific: The most opportunistic market, owing to rising per-capita income and emergence of low-cost aircraft.
Middle East & Africa: The favorable geographic location is boosting the growth of the aerospace industry, which in turn is expected to drive the demand for aerospace foams.
Latin America: The region is expected to register positive growth in the coming years owing to the growing aerospace industry.
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1,4 Butanediol Industry - Size, Share, Trends, by 2022
Market Synopsis of Global 1, 4-Butanediol Market:
1, 4-Butanediol Market is growing at a CAGR of 8.18% during forecasted period (2016-2022). Increasing applications of 1, 4-Butanediol in various industrial processes along with the growing demand for spandex in textiles have been responsible for driving growth in recent years.
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Leading Players:
The key players in market includes
BASF SE,
Mitsubishi Chemical Corporation,
Ashland Inc,
Bioamber Inc,
Sipchem,
LyondellBasell Industries N.V,
ExxonMobil Chemicals, and others
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Tetrahydrofuran (THF), one of the major application of 1, 4-Butanediol Size, is widely utilized in various applications such as in the production of polytetramethylether glycols (PTMEG). This is further processed to derive spandex, and as an intermediate in manufacturing natural gas odorants owing to its wide liquid range. Additionally, growing awareness regarding the processing benefits of these, and other BDO applications, are responsible for industry expansion.
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Major players are shifting their production plant in emerging economies in Asia-Pacific, and introducing new technologies, which is anticipated to drive innovation in the near future. On the other hand, increasing environmental concerns and reduction of non-renewable resources such as crude oil and natural gas have stimulated the development of several innovative, sustainable technologies that utilize bio-based, renewable resources for production. The transference towards sustainable products is also responsible for driving bio-based 1, 4-Butanediol production and consumption.
Regional Analysis of Global 1, 4-Butanediol Market:
Globally, Asia Pacific emerged as the largest 1, 4-Butanediol consumer in recent years, with highest volume share in 2016. Major key players of the market of developed countries are focusing on various strategies they are utilizing low cost labor & resources in emerging economies such as India, Vietnam, Malaysia, Thailand and Indonesia. The region is expected to grow at the highest CAGR from 2016 to 2025.
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Wood Plastic Composites Market Size, Share, Growth, Demand, Trends, and Regional Outlook by 2025
Market Synopsis:
Wood Plastic Composites Market was valued around USD 4.13 billion in 2018 and is expected to reach over USD 8.79 billion by the end of 2025 at a CAGR of 11.4%.
Wood plastic composites (WPCs) are composite materials with wood and plastics as constituent materials. WPCs offers properties such as stiffness, resistant to decay, and flexibility which can be altered by changing the composition of the constituent materials. Due to these properties, WPCs are considered the material of choice in the railing and decking applications, which hold two-third share of the global market. The key factors boosting the growth of the global wood composite market are increasing construction activities and expanding automotive industry across the globe.
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Pricing and Regulatory Analysis:
In 2018, the price of polyethylene ranged between USD 733.7 and 1162.65 per metric ton and is expected to decline gradually during the forecast period. The growing adoption of bio-based polymers has resulted in decline in the prices for WPCs products and consequently increased the sale, which is expected to fuel the growth of the global Wood Plastic Composite Market Trends during the forecast period.
The environmental regulations have increased the adoption of green materials, which is expected to boost the global wood plastic composites market during the forecast period. This is due to the plastics from WPCs can be recycled partially. ISO 16929 by the International Organization for Standardization, for determination of the degree of disintegration of plastic materials.
SEGMENTATION:
By Type
Polyethylene (PE): This segment accounted for the largest market share in 2018 owing to the properties such as low price, easy processing, and recyclability. Moreover, the easy availability and low recycling cost of PE make it a preferable material for decking & railing applications.
Polyvinyl Chloride (PVC): The growth of the segment is primarily due to the growing automotive industry with its use in interior applications to provide retro finish to the vehicle, moreover, high-rise buildings and other construction applications. The segment is expected to witness healthy growth in the developing countries with rapid urbanization.
Polypropylene (PP): The segment accounted for the second-largest share in 2018, which is attributed to its high strength and less heat-absorbing property over PE. The growth of the segment is driven by the increasing demand for decking & railing materials resistant to heat absorption, color fading, and sponginess.
Others: Polystyrene (PS) and acrylonitrile butadiene styrene (ABS).
By End-Use Industry
Building & Construction: It is projected to be the largest segment owing to the high consumption of WPCs in decking & railing applications. The properties such as flexibility and resistance to decay have increased the demand for WPCs in the building & construction industry. The increasing construction activities in emerging countries is the factor fueling the growth of the WPCs market. Moreover, increasing reconstruction activities in North America and Europe is also expected to propel the growth of the market during the forecast period. High economic growth and low mortgage rate in North America with inclination toward the aesthetic appearance in households add to the growth of the segment.
Automotive: The increasing demand for passenger and commercial vehicles is likely to boost the growth of the global wood plastic composites market during the forecast period. For instance, the automotive industry is expected to witness a growth of 8% in its production capacity, producing around 100 million units in 2019 as compared to 91 million in 2018.
Consumer goods: The growth of the segment is due to consumption of WPCs in table, chairs, toys, and others. WPCs being resistant towards decay, and warps are used in the manufacturing of park benches, chairs, and tables whose demand is increasing owing to increasing urbanization and growing population.
Others
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By Region
North America: Market growth is driven by the high demand for WPCs in decking & railing applications.
Europe: Stringent government policies refraining the use of chemical-based composites in the construction industry.
Asia-Pacific: Most opportunistic market, owing to rapid industrialization.
Latin America: Positive growth owing to the growing automotive industry, which is fueling the demand for WPCs in Latin America.
Middle East & Africa: The growing infrastructure and consumer goods sectors.
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Vinyl Acetate Monomer Market Size, Share, Industry Segments, Growth, Trends, Demand, Outlook by 2023
Market Research Future Published a Half-Cooked Research Report on Vinyl Acetate Monomer Market Research Report – Forecast to 2023
Market Overview and Growth Factors:
Vinyl Acetate Monomer (Vam) is also known as acetic acid ethenyl ester, acetic acid ethylene ether, acetoxyethene, 1-acetoxyethylene, ethenyl ethanoate, ethenyl acetate, and acetic acid vinyl ester. VAM is produced when ethylene and acetic acid react with oxygen in the presence of a palladium catalyst. VAM is widely used in the manufacturing of other chemicals such as polyvinyl alcohol, polyvinyl acetate, ethylene vinyl acetate, vinyl acetate ethylene, ethylene vinyl alcohol, vinyl chloride-vinyl acetate copolymers, and others. The product finds application in adhesives, paints and coatings, laminated automotive and commercial building glass, textiles, packaging, and others.
Vinyl Acetate Monomer Market is driven by the rapidly growing packaging industry across the globe. The increasing demand for packaged beverages and food products owing to convenience and improved product shelf is expected to propel market growth. With the introduction of multiple-layer barrier packaging technology, demand for the product is rising in the packaging industry.
Competitive Analysis:
Some of the key players in the global vinyl acetate monomer market are:
DowDuPont (US),
Wacker Chemie AG (Germany),
Celanese Corporation (US) KURARAY CO.,
LTD (Japan),
Solventis (UK),
Sipchem (Saudi Arabia),
Innospec (US),
Exxon Mobil Corporation (US),
Sinopec,
China Petrochemical Corporation (China),
Arkema (France),
LyondellBasell Industries N.V. (Netherlands).
Market Segmentation:
The global Vinyl Acetate Monomer Market Size has been segmented by application, end-use industry, and region.
Based on application, the market has been segmented into polyvinyl acetate (PVA), polyvinyl alcohol (PVOH), ethylene vinyl acetate (EVA), vinyl acetate ethylene (VAE), ethylene vinyl alcohol (EVOH), vinyl chloride-vinyl acetate copolymers, polyvinyl formal, and others. Vinyl acetate monomer is mainly used in the manufacturing of polyvinyl acetate and polyvinyl alcohol. The PVOH segment accounted for the largest market share in 2017 due to the increasing demand from end-use industries such as packaging, textile, adhesives, and construction. The EVOH segment is expected to grow at the highest rate during the forecast period on account of the increasing use of EVOH as a barrier resin in food packaging, plastic bottles, and gasoline tanks.
Based on end-use industry, the market has been classified as packaging, construction, textile, adhesives, paints and coatings, automotive, cosmetics and personal care, and others. The packaging segment accounted for the largest market share owing to the rising demand for packaged food and beverages worldwide. Construction is expected to be the fastest-growing segment of the vinyl acetate monomer market, by end-use industry, as a result of rising residential and commercial construction activities.
Regional Analysis:
Based on region, the vinyl acetate monomer market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific accounted for the largest share of the vinyl acetate monomer market on account of the rising demand for the product from major end-use industries such as packaging, construction, and textile.
North America is a prominent region for the vinyl acetate monomer market due to the growing flexible packaging industry with increasing consumption of packaged beverages and food products. Additionally, the growth of the apparel and textile industry with changing fashion trends and high per capita income of consumers is driving market growth further.
The North American market was closely followed by the European market which is expected to witness considerable growth during the review period. This growth can be attributed to the surging demand for paints and coatings from the burgeoning construction industry.
The markets in Latin America and the Middle East & Africa are likely to witness moderate growth during the review period as a result of growing major end-use industries in the regions.
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Toluene Market Size, Share, Growth, Trends, Demand, Outlook by 2025
Market Definition:
The report presents a detailed analysis of the global toluene market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global toluene market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the global toluene market are also studied in the report and projections are made for the growth trajectory of each distinct component from 2018 to 2025. The various segments and sub-segments within the global toluene market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global toluene market and provides a detailed look at the various competitive strategies employed by players in the global toluene market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.
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Market Overview and Growth Factors:
Toluene Market Growth is expected to exhibit a strong 5.8% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). Toluene is widely used as a fuel additive to improve the octane rating of the same. This has been the major driver for the global toluene market and is likely to remain a leading market driver over the forecast period. Increasing the octane rating of fuels leads to cleaner burning as well as better automotive performance, leading to an increasing demand for toluene additives. The increasing demand to make petroleum fuels more environmentally viable is likely to remain a major driver for the global toluene market over the forecast period.
Toluene is also an excellent organic solvent, due to which it is widely used in various chemical formulations to add stability and make the formulations last longer. The paints and coatings industry is a key end user of toluene in this regard. The paints and coatings industry has been driven by the growing construction and automotive industries in developing countries and is likely to remain a major driving factor for the global toluene market over the forecast period. Toluene is also used to produce other chemicals, such as benzene and xylene. These chemicals also find vital uses in various applications in the chemical industry and are also likely to remain leading lights in driving the global toluene market. The increasing demand for environmentally viable paints and coatings, on the other hand, is likely to restrict the global toluene market’s growth prospects.
Competitive Analysis:
Leading players in the global toluene market include:
China National Petroleum Corporation
GS Caltex Corporation
CPC Corporation
SK Innovation Co. Ltd.
DuPont de Nemours Inc.
Total S.A.
Indian Oil Corporation Ltd.
Formosa Chemicals & Fiber Corporation
Royal Dutch Shell plc
BASF SE
China Petroleum & Chemical Corporation
BP plc
Covestro AG
Exxon Mobil Corporation.
Segmentation:
The global toluene market is segmented on the basis of product type, application, end use, and region.
On the basis of product, the global toluene market is segmented into benzene and xylene, gasoline additives, solvents, tri-nitrotoluene (TNT), toluene diisocyanate (TDI), and others. The benzene and xylene segment held the largest share in the global toluene market, followed by the solvents segment. The benzene and xylene segment is mainly driven by their use in petrol additives.
By application, the global toluene market is segmented into paints and coatings, foam, fuel additives, cleaning agents, heating oils, polymers, and others. The fuel additives segment dominates the global toluene market, as this is the major application for toluene.
On the basis of end use, the global toluene market is segmented into oil and gas, building and construction, automotive, healthcare, packaging, and others. The oil and gas segment is expected to be the leading end user of toluene over the forecast period.
Browse key industry insights spread across 140 pages with 47 market data tables & 12 figures & charts from the report, “Toluene Market Research Report: Information by Product Type (Benzene and Xylene, Gasoline Additives, Solvents, Tri-Nitrotoluene (TNT), Toluene Diisocyanate (TDI) and others), Application (Paints & Coatings, Foams, Fuel Additives, Cleaning Agents, Heating Oils, Polymer Production and others), End-use Industry (Oil & Gas, Building & Construction, Automotive, Healthcare, Packing and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2025” in detail along with the table of contents @ https://www.marketresearchfuture.com/reports/toluene-market-1034
Regional Analysis:
Asia Pacific holds the largest share in the global toluene market, followed by North America and Europe. Countries such as China and South Korea are likely to have a prominent role in the global toluene market in the coming years.
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Sustainable Fabrics Market Size, Share, Growth Analysis, Trends, Demand by 2023
Sustainable Fabrics Market Information: By Product Type (Organic, Regenerated, Recycled, Natural), Application (Clothing, Furnishing, Medical, Others), and Region — Global Forecast Till 2023
Market Segmentation:
The global sustainable fabric market has been segmented by product type, application, and region.
Based on application, the global sustainable fabric market has been segmented into clothing, furnishing, medical, and others. The clothing application segment is dominating the global sustainable fabric market in 2018 due to its large-scale consumption and large size of the global textile and garment industry. Additionally, the increasing number of retail outlets in developing countries including China and India by apparel manufacturers Tommy, Levis, and Peter England is another factor contributing significantly to industry growth.
Based on product type, the global Sustainable Fabric Market Size has been segmented into natural, organic, regenerated, and recycled. Among them, the regenerated fabric segment held the largest market share in 2018 due to their similar performance characteristics to synthetic fabrics. Automotive furnishing and clothing applications are driving the growth of this segment. However, the organic fabric segment is expected to grow at a fastest CAGR during the forecast period.
Competitive Analysis:
Some of the key players operating in the global sustainable fabric market are: Fabindia Overseas Pvt. Ltd. (India), Lenzing AG (Austria), Grasim (India), Teijin Limited (Japan), Wellman Advanced Materials (US), US Fibers (US), David C. Poole Company, Inc (US), Foss Performance Materials (US), Polyfibre Industries (India), Shanghai Tenbro Bamboo Textile Co. Ltd (China), Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd (China), Pilipinas Ecofiber Corp. (Philippines), China Bambro Textile Co. Ltd (China), Textil Santanderina, SA (Spain), Pure Waste Textiles Ltd (Finland), and Vivify Textiles (Switzerland).
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Regional Analysis:
The global sustainable fabric market has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific held the largest market share in 2018 and is expected to grow at a fastest CAGR during the forecast period. North America accounted for the second largest market share in 2018, which is further trailed by Europe. The Latin America markets are expected to show increasing growth during the forecast period. However, Middle East & Africa held the least market share of the global market in 2018.
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Semiconductor Materials Market Size, share, growth analysis, trends, demand by 2025
Semiconductor materials are used in the manufacturing of different circuits and electronic components that find applications in various industries. Its shielding property with toughness and flexibility has increased its use in consumer electronics, aerospace, automotive, and healthcare industries. Some of the primary factors favoring the global market growth are increasing adoption of portable electronics devices, and surge in the demand for high-performance medical devices across the globe.
Semiconductor Materials Market Size was valued at more than USD 50 Billion in 2018 and is expected to reach over USD 70 Billion by the end of 2025 at a CAGR of 4.32%.
Pricing and Standardization
In 2018, the price of silicon wafer, one of the fastest-growing segments in the global semiconductor materials market, varied from USD 15 to USD 22 for one inch, which is witnessing an upward trend. The trend is likely to continue during the forecast period owing to fluctuating raw material prices.
The safety standards regarding semiconductor materials such as wafers and packing materials are set by various institutes such as the United States Environmental Protection Agency (EPA); SEMI; American National Standards Institute (ANSI); Automotive Electronics Council (AEC) Component Technical Committee; Electronic Industries Alliance (EIA); International Electrotechnical Commission (IEC); Institute of Electrical and Electronics Engineers, Inc (IEEE); Japan Electronics and Information Technology Industries Association (JEITA); National Electronics Manufacturing Initiative (NEMI); Semiconductor Manufacturing Technology (SEMATECH); and others. Some of the standards are SEMI Standards – SEMI PV32; US Environmental Protection Agency (EPA) – 40 CFR Part 469.12 and 40 CFR Part 469.22.
SEGMENTATION
By Material Type
Wafer Fab Materials: The wafer fab materials segment held the largest market share of 3% in 2018 and is expected to dominate the global market during the forecast period. The growth is attributed to the increasing demand for wafer materials in device technologies. The use of wafer fab materials is high in the photolithography process. The sale of the material type increased by 16% in 2018 from 2012. Photomask is one of the fastest-growing sub-segments in the semiconductor materials market. The wafer fab materials consist of silicon, photomasks, photoresist, specialty gases, and others. The other sub-segment comprises photoresist ancillaries, chemicals, sputter targets, and CMP slurry and pads.
Packing Materials: It is one of the fastest-growing segments of the global market during the review period, owing to increasing preference for miniature devices with excellent functionality, reliability, and low cost. The increase in demand for consumer electronics has surged the demand for ICs to enhance the performance, as the semiconductor manufacturers use packing materials in the integrated circuits (ICs). EMI shielding with pastes and coatings, liquid encapsulation, die-attach adhesive with paste and films, solder pastes, conductive adhesives and inks, underfills with film, liquids, and pastes are some of the packing materials that are extensively used in the semiconductor industry. The sub-segments of packing materials include substrates, lead frames, bonding wire, die-attach, and others.
By End-Use Industry
Consumer Electronics: The demand for consumer electronics is growing since the late 1920s. With innovation and development in smartphones, tablets, and other gadgets, the consumer electronics industry has come a long way. In terms of revenue, the segment in 2018 reached USD 338.21 billion and is expected to register a CAGR of over 12% by 2025. Additionally, the increasing demand for consumer electronics and portable devices is driving the demand for semiconductor materials in the electronics industry. Thus, consumer electronics is projected to be the largest segment by the end-use industry of the global semiconductor electronics market.
Healthcare: The growing development for precision medical devices is expected to fuel the demand for semiconductor materials in the healthcare industry.
Automotive: It is projected to be the fastest-growing segment owing to the shift toward e-vehicles and lightweight and durable materials in the industry.
Aerospace & Defense: The increasing production of commercial and military aircraft is expected to boost the growth of the segment. The segment accounted for a market share of over 15% in 2018 due to a rapid shift in engineering design and manufacturing process of defense and commercial aircraft across various industries.
Others: The other segment includes consumer goods, construction, energy, food processing, and automated machinery.
By Region
North America: The growth of the regional market is driven by the high demand for the product in the expanding aerospace industry.
Europe: A well-established regional market.
Asia-Pacific: The largest and fastest-growing regional market.
Latin America: A small but growing automotive industry coupled with the application of electronics is fueling the demand for semiconductor materials in Latin America.
Middle East & Africa: Increasing construction activities and growing automotive industry are factors expected to drive the regional market growth.
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Quinoa Flour Market Size, Share, Growth, Trends, Demand, Study by 2023
Market Research Future has published a half-cooked research report on the global quinoa flour market.
Market Overview and Growth Factors:
Quinoa belong to Chenopodium (Goosefoot) family, it is cultivated in alkaline soil, in colder climates, and in less quantity of water. Increasing awareness about benefits of using quinoa flour in diets help in improving metabolism, enhances digestive health, alleviating blood pressure, and reducing fat accumulation in the human body. Gluten-free property of quinoa flour has resulted to strong demand in the market, which in turn has encouraged food & beverage manufacturers to switch to quinoa from other crops. Moreover, due to high vitamin B12 (Cobalamin) content in quinoa, which helps in formation of red blood cells and helps preventing anemia. The vitamin B3 (niacinamide) in quinoa, aids in regulating digestion and prevents risk of heart diseases. Thus, these factors are expected to boost the growth of quinoa flour in the market. Thus, considering these factors, quinoa flour market is expected witness high growth in forecast period.
Market Segmentation:
Based on type, the global Quinoa Flour Market Size has been segmented into white, black, and red. The white segment is anticipated to gain the largest revenue share in the global quinoa flour market and shall maintain lead throughout the forecast period. White quinoa flour is widely available as compared to other type of quinoa flours and are being used in various food items such as casseroles, breads, cookies and sweet and savory snacks. The same segment is expected to grow with the highest growth rate owing to the increasing awareness about usage of quinoa flour as an alternative to wheat or corn flour is expected to boost the growth of quinoa flour in the market.
The global quinoa flour market has been segregated, by category, into organic and conventional. The conventional segment is expected to garner major share in the global quinoa flour market owing to the huge availability and low prices of conventional quinoa flour. However, the organic segment is anticipated to project a higher CAGR during the forecast period due to the rising inclination of consumers towards organic products.
The global quinoa flour market has been segregated, by distribution channel, into store-based and non-store based. The store-based segment has been further segregated into supermarkets and hypermarkets, convenience store, and others. The store-based segment is expected to generate higher revenue, with the supermarkets and hypermarkets sub-segment being the largest due to the strong and widespread network of stores. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online retailing.
Key Players:
Some of the key players in the global quinoa flour market are Quinoa Foods Company (Bolivia), Northern Quinoa Production Corporation (Canada), Andean Valley Corporation (Bolivia), King Arthur Flour Company, Inc. (US), Bob's Red Mill Natural Foods, Inc. (US), The British Quinoa Company (UK), Nutriwish (India), Andean Naturals, Inc. (US), Dutch Quinoa Group BV (Netherland), Organic Farmers Co. (India).
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Regional Analysis
The global quinoa flour market has been segmented on the basis of region, into North America, Europe, Asia-Pacific, Rest of the World.
North America is expected to dominate the global quinoa flour market owing to the large production of quinoa flour in the region. Countries such as the US and Canada are major of quinoa flour products, as this flour is gluten free and has low glycemic index. Thus, quinoa is used as substitute of wheat flour or rice in various food items. Also, to the increasing prevalence of gluten intolerance and celiac disease, especially in the US.
Asia-Pacific & ROW quinoa flour market is expected to grow at a rapid pace due to the surging production and consumption of quinoa flour in the regions. Moreover, Europe is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of quinoa flour and due to the increasing adoption of healthy, gluten-free diets by the rising health-conscious population.
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Polyvinyl Butyral Market Trends - Size, Share, Growth, by 2025
Market Research Future Published a Half-Cooked Research Report on Polyvinyl Butyral Market Report - Global Forecast till 2025
Market Definition:
Polyvinyl Butyral primarily as a raw material for laminated safety glass sheet in architectural and automotive applications is responsible for the expansion of the market in the forecast period. The consumption rate of PVB in installation of solar panels is another crucial factor responsible for the development of the market. The robust growth pace of the paint & coatings industry is also creating a powerful impetus to the market’s growth. Polyvinyl Butyral Market Trends is also expected to positively leverage the trend of urbanization to boost the growth levels that can be achieved over the forecast period.
Market Scenario and Growth Factors:
The increase in demand for strong binding resins has increased the demand for polyvinyl butyral which is a specialty resin substantially over the past few years. Market reports associated with the chemicals and materials sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The market is anticipated to develop at an exceptional pace in terms of CAGR while grossing incremental revenue levels in the forecast period.
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Competitive Analysis:
The market attractiveness and competitors’ dynamics are noticeably improved by the strategies that are being utilized by market players. The product range of the market has developed immensely in contrast to the past few years, thus making the market more profitable for current and new contenders. The market is incredibly well-defined in terms of segments concerning the product as well as the end users that are a portion of the market. The market shows enlarged potential for developing at a fast pace. The long run viability of the market is highly dependent on the techniques and the strategic roadmaps that are engaged by market players. The improved monetary liquidity of the competitors within the market has improved thereby proving new opportunities for the expansion of the market.
The important competitors functioning in the market are E. I. du Pont de Nemours and Company (U.S.), Kuraray Co., Ltd. (Japan), Tiantai Kanglai Industrial Co., Ltd. (China), Eastman Chemical Company (U.S.), Everlam (Belgium), Chang Chun Petrochemicals Co., Ltd. (Taiwan), Huakai (China), Kingboard (Fo Gang) Specialty Resins Limited (China), Dulite PVB Film (Taiwan), Anhui Wanwei Group Co., Ltd. (China) and Guangzhou Aojisi New Materials Co., Ltd. (China).
Segmental Analysis:
The Polyvinyl Butyral Market globally is segmented on the basis of end use industry, application, and region. The end use industry basis of segmentation of the market comprises of solar energy, automobile, paint & coatings, and others. On the basis of application, the market is segmented into composite fiber binder, ceramic binder, glass lamination, wash primer, and others. On the basis of the region, the market is segmented into regions such as Latin America, Asia Pacific, Europe, North America, and the Middle East & Africa.
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Detailed Regional Analysis:
The Polyvinyl Butyral Market comprises of the five regions of Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these regions, the Asia Pacific region is projected to develop at a maximum CAGR through the review period due to growing industries. The demand for PVB is anticipated to grow in several countries of the Middle East & Africa owing to the escalated consumption rate in the construction industry. Furthermore, the shift in economic power globally has positioned the Middle East at the center of several of the world’s fastest-growing markets. Dubai, in particular, has leveraged that position to reinvent itself into a global hub for aviation, tourism, and logistics, which is expected to raise the consumption of PVB to use as an anti-corrosive primer for the steel. The North American region is predicted to witness an excellent growth rate on account of high consumption potential, growing production capacities, and increasing economic growth rate. In Europe, the demand for PVB is forecasted to develop in some countries such as Germany, Italy, Spain, France, the U.K, and Russia owing to an increased spending in innovation and rising purchasing power of consumers. Moreover, the existence of major automobile manufacturers, specifically, in Germany is anticipated to give an added impetus to the market’s growth. Latin American countries such as Argentina, Colombia, and Brazil are expected to observe considerable growth due to escalating consumer spending on passenger cars as well as the incorporation of new technologies and inventions in Polyvinyl Butyral. The Asia Pacific PVB market is anticipated to grow at a reasonable CAGR due to the emerging crude oil processing and expanding petroleum refineries in China and India. Furthermore, continual development of solar energy production capacities in several economies of the Asia Pacific such as India, Malaysia, China, Thailand, and Japan are estimated to increase the demand for laminated solar glass panels, which, in turn, is projected to drive the demand for PVB over the forecast period.
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Polymeric Plasticizer Market Trends - Size, Growth, by 2025
Market Overview:
Polymeric plasticizers, also referred to as polyadipates, are polyesters of aliphatic dicarboxylic acids which are mainly used in polyvinyl chloride (PVC) applications to enhance flexibility, softness, and lower elasticity modulus values. It can be produced by the mechanical mixing of a polymer with a polymerizable monomer, which is followed by polymerization or internal plasticization, where a monomer is copolymerized to yield soft polymers.
According to a new report by Market Research Future (MRFR), Polymeric Plasticizer Market Trends is expected to showcase a steady growth rate during the forecast period (2016-2025). Polymeric plasticizer is used in pigments, adhesives, cables, films, membranes, and others. Plasticizers enhance the viscosity or plasticity of a material. They are found in solid or even in liquid state. They help in decreasing affinity between polymer chains and add flexibility to plastics.
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Drivers and Constraints Affecting the Market Growth:
The increasing demand in the packaging industry is likely to drive the polymeric plasticizer market, owing to the rapid urbanization and industrialization. Also, the growing paint and construction industry on account of commercial as well as domestic market has boosted the growth of the polymeric plasticizer market over the forecast period. The growing application of films due to a widening purchasing power parity and consumer base in polymeric plasticizers is also triggering the growth of the market.
As plastics are not eco-friendly, stringent government mandates associated with plastic usage can lead to restricted growth of polymeric plasticizers market globally in the years to come.
Competition Analysis:
The prominent players operating in the market are:
I. du Pont de Nemours and Company (U.S.)
BASF SE (Germany)
Eastman Chemical Company (U.S.)
Hallstar (U.S.)
LANXESS (Germany)
As the demand in the automotive industry for highly effective sensors intensifies, BASF has developed its range of hydrolysis-resistant thermoplastic polyesters. The expanded range of Ultradur HR incorporates Ultradur B4330 G6 HR High Speed which is a flowable and laser markable grade with 30 % glass-fiber reinforcement along with Ultradur® B4330 G10 HR, with 50 % glass fibers as well as Ultradur B4331 G6 HR, the next generation polyester with optimized processing characteristics. Inclination towards autonomous driving and electric mobility is expected to spark the demand for thermoplastic polyesters and induce demand in the market.
Industrial Development:
Researchers at Kansas State University used five ingredients namely boron, silicon, nitrogen, carbon, and hydrogen to form a liquid polymer that can convert into a ceramic with valuable optical, thermal, and electronic properties. This polymer has the same viscosity and density as water, unlike some of the boron and silicon-containing polymers. Ceramics can withstand extreme temperatures and are be utilized in spark plugs, high-temperature furnaces, jet engines, and even space exploration materials.
Global Polymeric Plasticizer Market Segmentation:
The polymeric plasticizer market can be segmented on the basis of end user, application, and region.
Based on end-user, the market is segmented into packaging, automotive, construction, electronics, paints, and others. The market can be segmented into adhesive, films, cables, pigment, membranes, and others on the basis of application.
Regional Analysis:
Regionally, the market has been segmented into Europe, Latin America, North America, Asia Pacific, and Middle East and Africa.
Owing to the high consumption of polymeric plasticizers, Asia Pacific holds the largest market share. With the increasing demand for paint, packaging and paint industry in Japan, China, South Korea, India and Taiwan, there has been significant growth in the polymeric plasticizer market globally.
The North American market is mainly driven by electrical and automotive industry. Europe holds the third largest market due to high consumption of plasticizers in packaging, paints, and construction industries. Latin America and Middle East are expected to grow during the forecasted period due to several applications such as pigment, membranes, adhesives, films, cables, and others.
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Polyamides Market Size, Industry Segments, Share, Growth, Trends, Demand, by 2023
Market Synopsis:
Rapid industrialization is anticipated to create substantial demand for polyamides in the forthcoming years. According to Market Research Future (MRFR)’s report, the global polyamides market is expected to mark a steady CAGR over the forecast period 2017 to 2023. The growing consumption in the end-user industries such as consumer electronics, automotive, etc. is likely to propel market expansion over the next couple of years.
The introduction of favorable laws to support the use of bio-based products is poised to fuel demand for polyamides in the years to come. It is expected to accelerate revenue generation for the participants of the polyamides market in the foreseeable future. Also, an upsurge in demand for polyamides is expected from the packaging industry. It is prognosticated to boost the revenue growth of the Polyamides Market Report in the upcoming years.
Competitive Dashboard:
The noted players participating in the share analysis of global the Polyamides Market Include:
BASF SE (Germany),
Asahi Kasei Corporation (Japan),
Honeywell International, Inc. (U.S.),
Evonik Industries AG (Germany),
Formosa Plastics Corporation (Taiwan),
Dupont (U.S.), Huntsman International LLC (U.S.),
Koninklijke DSM N.V. (the Netherlands),
Arkema SA (France),
UBE INDUSTRIES, LTD (Japan).
Industry News:
In May 2019, Arkema, specialty Chemicals Company based out of France, has announced its new bio-based polyamide plan to be established in Jurong Island, Singapore.
In May 2019, Evonik Industries AG, the largest specialty chemicals company, has initiated the construction of polyamide 12 (PA 12) facility complex and expansion of its transparent polyamides production.
Market Segmentation:
The global Polyamides Market, by type, has been bifurcated into bio polyamides, and specialty polyamides. The bio polyamides segment is further sub-segmented into PA 6, PA 66, PA 10, PA 11, and PA 12 segments. The specialty polyamides segment has been sub-segmented into PA 6/10, PA 6/12, and PA 4/6 types.
On the basis of application, the polyamides market has been divided into engineering plastics and fiber. The engineering plastics segment has been sub-segmented into automotive, electrical & electronics, industrial/machinery, packaging/film, consumer goods & appliances, wire & cable, and others. Again, the fiber segment has been sub-segmented into textile, industrial, carpet, and staple.
Regional Analysis:
By region, the global polyamides market has been segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa (MEA). Asia Pacific is anticipated to hold the most substantial share of the global market over the next couple of years. Factors such as urbanization and rising disposable income are expected to generate demand across different industry verticals. Thus, the growth of the end-user industries is projected to lead the growth of the polyamides market in the years to come. China, Japan, and India are the prime revenue pockets in the regional market.
North America is anticipated to expand at a moderate pace over the next few years. The growing consumption of polyamides for various applications in packaging, electronics, and chemicals is poised to boost the expansion of the regional polyamides market in the forthcoming years. The U.S., Canada, and Mexico are projected to exhibit significant growth over the assessment period.
Europe is poised to grow remarkably owing to the favorable policies supporting the use of bio-based products in end-user industries. The growth of industry verticals such as consumer electronics, automotive, etc. are projected to have a positive impact on the future trajectory of the polyamides market in the region. Major country-level markets of the region are the U.K, Italy, Germany, and France.
Latin America is anticipated to exhibit considerable growth in the foreseeable future. It is likely to witness an increase in consumption of polyamides, especially in the automotive sector. In addition, the Middle East & Africa is poised to signify a steeper rise in the growth curve due to increasing demand for lightweight auto components.
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Organic Juices Market Analysis - Size, Share, Growth, Trends, and Regional Outlook by 2023
Market Overview and Growth Factors:
The growth of the organic juice market is anticipated to be driven by various factors. The rising awareness about weight & heart-related health issues among the young generation is expected to propel the sales of organic juice during the forecast period. For that, consumers are moving towards the packaged fruit drinks instead of the carbonated soft drinks. Rising numbers of health-conscious people in developing economies especially in the country’s urban areas are more inclined on the nutrition & functionality of the products is one of the important factors for the rising growth of organic juices market. Over the last few years, consumers are no more stick to the traditional food. Consumers are becoming experimental in terms of both food & beverages. Key manufacturers are launching new organic juices in various flavors which in turn propels the sales of organic juices during the forecast period of 2017-2023.
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Key Players
Some of the key players profiled in the global organic juices market: Hain Celestial Group (U.S.), Suja Life, LLC (U.S.), Organic Valley (U.S.), Coca-Cola (U.S.), Parkers Organic Juices PTY LTD (Australia), Group Danone (France), Purity Organic (U.S.)
Key Findings
Asia Pacific region is experiencing a high demand for organic juices
Increasing consumer awareness regarding organic beverages is expected to be the key factors for the rising growth of organic juices market.
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Regional Analysis
The global Organic Juices Market Analysis is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Among the regions, Europe is estimated to account for the major market proportion in the year of 2017 and the trend is expected to continue throughout the forecast period of 2017-2023. The growth of the organic juices market in Europe region is anticipated to be driven by various factors. Increasing consumer awareness regarding health benefits coupled with the higher nutritional value of organic beverages products is expected to fuel the sales of organic juices market. In Europe, Germany is holding the highest market share in the year of 2017. North America is also estimated to account for the 25% of the market proportion in the year of 2017. However, Asia Pacific region is projected to expand at a high pace during the forecast period. Increasing disposable income of the consumers in developing economies of Asia Pacific is expected to fuel the sales of organic juices during the forecast period.
Table of Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modelling and Forecast
1.1.3 Industry Insights and Validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Organic Juices Market Synopsis, 2017-2023
2.1.1 Business Trends
2.1.2 Source Trends
2.1.3 Distribution Channel Trends
2.1.4 Certification Trends
Chapter 3 Organic Juices Market Insights
3.1 Industry Segmentation
3.2 Industry Size and Forecast
3.3 Industry Ecosystem Analysis
3.4 Industry Impact Forces
3.4.1 Growth Drivers
3.4.1.1 Drive 1
3.4.1.2 Drive 2
3.4.1.3 Drive 3
3.4.2 Restraints
3.4.2.1 Restraints 1
3.4.2.2 Restraints 2
3.4.3 Opportunities
3.4.3.1 Opportunities 1
3.4.3.2 Opportunities 2
3.4.4 Challenges
3.4.4.1 Challenges 1
3.4.4.2 Challenges 2
3.5 Growth Potential Analysis
3.6 Company Market Share Analysis, 2016
3.7 Porter’s Analysis
3.8 PESTEL Analysis
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Nickel Hydroxide Market Size, Industry Segments, Share, Growth, Trends, Demand, by 2023
Market Research Future (MRFR) Announces the Publication of its Research Report – Nickel Hydroxide Market
Market Scenario and Growth Factors:
Nickel Hydroxide Market has seen a growth in the past few years and it is estimated that the market will grow significantly in near future. Nickel hydroxide is an integral chemical compound which is mostly used batteries manufacturing.
Moreover, nickel hydroxide is used as a catalyst in the industry. However, the restraining factor that could hamper the global nickel hydroxide market is its carcinogenic property, toxic gases, which is released upon heating and high raw material cost. Nickel Hydroxide Market has widespread applications as an electrode in rechargeable batteries. Portable devices and consumer electronics demand for rechargeable batteries are driving the global nickel hydroxide market. Increasing demand for electric vehicles in automotive industry is projected to fuel the global Nickel Hydroxide Industry is expected to be the major segment over the forecast period, 2017-2023.
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Competitive Analysis:
The major players of global nickel hydroxide market are:
Sigma-Aldrich, Inc.,
Norilsk Nickel,
Alt Cobalt and Nickel Products (dalian) Co. Ltd,
Nippy Chemicals.
Jilin Jien Nickel Industry Co., Ltd.,
American elements, Tinchem Enterprise,
Kelong, Umicore, Triveni chemicals,
SUMITOMO METAL MINING CO., LTD.,
Tanaka Chemical Corporation,
ZincFive, Inc.,
Jiangmen chancsun Umicore Industry Co., Ltd,
Changsha Xinye Industrial Co. Ltd.
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Market segmentation:
Nickel Hydroxide Industry is segmented on the basis of application and end use industry. On the basis of the applications, the global nickel hydroxide market is categorized into - batteries, catalyst, and others (ceramics, glass, optics and electrochemical processes). The global nickel hydroxide market is mainly segregated to its application in electrochemical rechargeable batteries.
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On the basis of the end-use industry, the global Nickel Hydroxide market is segmented into - electronics, automotive, chemical and others. The advancement of using nickel hydroxide in Li-ion batteries will boost the end use applications of global nickel hydroxide market to a large extent in automobile industry. Current nickel hydroxide consumption in electric vehicles is only 3% with global EV penetration in the automobile industry limited to 1%. However, with the rising penetration curve with the need to replace existing vehicles with green electric vehicle, nickel hydroxide consumption is expected to double in 2025 and more in the coming years.
Regional Analysis:
The global Nickel Hydroxide Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share, followed by Europe, then North America. Highly populated countries like China and India and strong electronic base industry in Japan and South Korea is driving the nickel hydroxide market in Asia Pacific. European countries have join the ambitious plan under the Paris climate accord to end sales of petrol and diesel vehicles by 2040. North American country Norway’s government transportation plan outlines a clear target that all new passenger cars and vans sold in 2025 should be zero-emission vehicles.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Bargaining Power of Suppliers
4.1.5 Intensity of Competitive Rivalry
4.2 Value Chain/Supply Chain of Global Nickel Hydroxide Market
5 Industry Overview of Global Nickel Hydroxide Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
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