Lithium Derivatives Market 2018 Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2023

Synopsis of Lithium Derivatives Market

Lithium (CAS NO. 7439-93-2) is the lightest metal in the periodic table which is extracted from two sources, including spodumene and salt lake brines and then process manufactured into its derivatives. Lithium Derivatives are highly reactive and broadly classified into lithium carbonate, lithium hydroxide, lithium concentrated, lithium chloride, lithium metal, butyl lithium, and others. Lithium ions have massive capacity to store energy which makes them favorable for use in the rechargeable batteries and grid connected storage. Other than that, they exhibit properties such as viscosity glass modifiers in the glass melts, high coefficient of thermal expansion, and higher electrochemical potential as compared to other catalytic metal.

According to the MRFR analysis, Global Lithium Derivatives Market is projected to reach USD 2,074.2 million by 2023, growing at healthy CAGR of 5.80%. Factors such as the emergence of the electric vehicles, growing demand for portable devices, and increasing glass and ceramic production considered as major growth drivers. China, especially emerged as a key market, thereby generating robust demand for electric vehicles in which lithium ion batteries are largely preferred. Furthermore, consumer electronics industry is on the rise on account of high adoption of portable devices and significantly driving demand for Lithium Derivatives. On the other hand, growth in this market is hampered by high initial investment cost. Additionally, lack of lithium expertise manpower in the lithium extraction activities led to failure of the lithium startup by having a negative impact on the global growth. 

Nevertheless, this market will be having several growth prospects in the years to come due to emerging applications of lithium derivative in grid connected storage as well as aluminum smelting.

Key Players

Key players of the Global Lithium Derivative Markets are FMC Corporation (US), Albemarle Corporation (U.S.), SQM (Chile), Sichuan Tianqi Lithium Industries Inc. (China), Jiangxi Ganfeng Lithium Co.Ltd. (China), General Lithium (Haimen) Corporation, (Chian), ZHONGHE CO., LTD (China), and others.

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Segmentation

The Global Lithium Derivatives Market is majorly segmented on the basis Derivative Types, Applications and Regions.

Based on Derivative Types global market has been segmented into lithium carbonate, lithium hydroxide, lithium concentrate, lithium metal, butyl lithium, lithium chloride, and others.

Market Segmentation based on the Application includes batteries, lubricants, medicals, metallurgic, glass & ceramic, aluminum smelting & alloys, polymers, and others.

Geographically global market has been segmented into North America, APAC, Europe, Latin America, and Middle East & Africa.

Regional Analysis

As per the MRFR analysis, Global Lithium Derivative Market is dominated by Asia Pacific followed by North America and Europe. Asia Pacific is the largest region in terms of value and volume and has occupied 53% of the global market shares as of 2016. China drive Asia Pacific Lithium Derivatives Market by producing majority of lithium-ion batteries due to emergence of electric vehicle. Moreover, the country has huge automotive manufacturing base which has contributed driving demand for lithium derivative substantially. Other than that, economic growth, proximity to cheap labors and presence of numerous small scale Lithium Derivative producers in this region are the important growth factors. North America is another attractive region for lithium derivatives, including major market U.S. and Canada. Presence of few leading players in this region such as Albemarle Corporation (U.S.) and FMC Corporation (U.S.) stimulated demand for lithium derivatives. Europe is a steady market for Lithium Derivatives and likely to grow relatively faster in the years to come due to greater adoption of electric vehicles.

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Light Olefins Market 2018 Overview, Outlook, Segmentation, Applications, Forecast, Analysis 2023

Segmentation

The Light Olefins Market is categorized on the basis of Product Type, Derivatives, Application and Region.

On the Basis of the Product Type, the market is bifurcated into ethylene and propylene. The ethylene accounted for the largest market share of 60% in 2016, with a market value of USD 152.7 billion and is projected to grow at a CAGR of 5.78% during the forecast period.

On the Basis of the Derivatives, the market is segmented into polypropylene, propylene oxide, acrylonitrile, cumene, acrylic acid, oxo alcohols, polyethylene, ethylene oxide/ glycol, EDC/ VCM/ PVC, styrene, alpha olefins, and acetate monomer.

By the Application, the market is sub-segmented into chemical commodities and refinery.

Based on the Region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

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Competitive Analysis

Some of the major players operating the market growth are BASF SE (Germany), China Petro & Chemical Corp (China), Saudi Arabian Oil Co. (Saudi Arabia), Exxon Mobil Corporation (U.S.), DowDuPont (U.S.), PetroChina (China), Honeywell International Inc. (U.S.), Gazprom (Russian Federation), Royal Dutch Shell (Netherlands), Reliance Industries Limited (India), and others.

Key Findings

Global Light Olefins Market is projected to reach USD 475.8 million by 2023 at an expanding CAGR over the forecast period.

Ethylene Type accounted for market share of 60.00% in 2016.

Propylene type valued at USD 101.9 billion in 2016 and is projected to grow at a CAGR of 5.94% during the forecast period.

Asia Pacific is the largest and fastest growing market accounting for 40% share of the global market in 2016. Royal Dutch Shell is the leading manufacturer of Light Olefins.

Intended Audience

Light Olefins manufacturers

Traders and distributors of Light Olefins

Production process industries

Potential investors

Raw material suppliers

Regional Analysis

The Global Light Olefins Market has been spanned across five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific emerged as the leading Light Olefins Market in 2016 and is accounted for 40% of the overall value share and is expected to grow at a healthy CAGR of 6.22% over the forecast period. Furthermore, the increasing demand for efficient and high performance based automotive in countries such as Japan, India, and China is driving the demand for bio-fuel. The availability of cheap biomass and raw material such as corn and sugarcane to produce bio-ethylene in India has augmented the market growth.

North America was the second largest region and was valued at USD 151.1 billion in 2016 and is projected to grow at a healthy CAGR of 5.6% during the review period. The feedstock advantage coupled with the low cost supply of ethane is one of the major driver of the market growth in the North American region. The high demand from packaging industry in the U.S. is driving the market growth positively. The U.S. accounted for around 78% of market share in 2016 and is projected to grow at a healthy CAGR of 5.72% during the review period.

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Graphene Battery Market 2018 Opportunity, Growth Analysis Forecast 2023

Graphene Battery or graphene-based battery is eco-friendly by nature. It’s properties such as lightweight, flexibility, and chemically inertness helps graphene battery to find its applications in many end-user industries. Graphene Battery is ideal for applications where high energy storage and shorter charging time is required.

The Global Graphene Battery Market is growing rapidly mainly due to the growing demand for electric vehicles and the increasing market penetration of consumer electronics. Besides, factors such as the augmenting demand from some of the burgeoning end-use industries including automobiles, electrical & electronics, aerospace & defense, energy, and health care escalate the Graphene Battery Market on the global platform.

Acknowledging the enormous growth, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the Graphene Battery Market will accrue colossally by 2023 registering a striking 10% CAGR during the forecast period (2016 -2023). The rapidly increasing urbanization and industrialization in the developing regions are expected to boost the market in the years to come.

Additional factors substantiating the market growth include the growing population and improving economic conditions that are increasing consumers’ purchasing power. Also, stringent regulatory framework and high rate of technology adoption are expected to impact the market growth positively.

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Global Graphene Battery Market - Segmentations

MRFR has segmented its analysis into two key dynamics for the convenience of understanding.

By Product Types: Li-Ion Battery, Li-Sulphur Battery, Supercapacitor, and Lead-Acid Battery among others.

By End-Use Industries      : Automobiles, Electrical & Electronics, Aerospace & Defense, Energy, and Healthcare, among others.

By Regions: North America, Europe, APAC and Rest-of-the-World (RoW).

Global Graphene Battery Market – Competitive Analysis

The Graphene Battery Market is highly competitive. Manufacturers are competing on the basis of price, quality, innovation, reputation, and distribution. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players in the Graphene Battery Global Market.

These strategies are expected to improve product quality and increase production capacity to meet the rapidly growing demand, particularly from the emerging regions. With increasing industrialization and upgradation, manufacturers are setting up facilities to meet the demand for Calcium Silicate in the most efficient manner. Many manufacturers are making high investments into R&D of Calcium Silicate which is anticipated to impact the market positively.

Key Players:

Some of the eminent leaders of the market include SINODE SYSTEMS (U.S.), Grupo Graphenano (Spain), Graphene NanoChem (U.K), XG Sciences (U.S.), Angstron Materials Inc (U.S)., Vorbeck Materials (U.S.), NanoXplore Inc. (Canada), Graphene 3D Lab Inc (U.S.)., Cambridge Nanosystems Ltd (U.K), and Graphene Batteries AS (Norway).

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Industry/ Innovation/ Related News:

September 25, 2018 – The research team at the Key Laboratory of Graphene Technologies and Applications, Zhejiang and Advanced Li-ion Battery Engineering Lab (China) published their research of a graphene-based aluminum-air battery system they have developed.

The new battery system has high energy density with 20 kWh capacity and 1000 W output power. It can supply powers for a desktop PC, TV set, ten 60-watt bulbs, and an electric fan simultaneously and continuously for 20 hours, at least. The team has also set up the laboratory scale production line with a capacity of 3000 systems per year. The 5 KW-scale aluminum-air battery system is under developing at present.

September 05, 2018 – The Honor Mobile Company (China), a leading smartphone e-brand under Huawei Group while unveiling its new premium smartphone Honor Magic 2 at IFA 2018, also revealed that the Magic 2 would feature a graphene-based battery which will support 40W fast-charging technology mentioned as Magic Charge.

Commercial Insulation Market 2018 Growth, Business Analysis and Opportunities Till 2024

Synopsis – Commercial Insulation Market

Commercial Insulation is used to retard the flow of heat. The quality of insulation in buildings provide higher comfort, which can be measured by R-value to provide better energy efficiency and to reduce carbon emission. Insulation materials used in commercial applications require higher R-value to provide superior adhesion to low and high temperatures. Commercial Insulation are prominently used in applications, including institutional, hospitals, office buildings, malls, airports, food & beverages, residential buildings, general commercial, warehouses, lodging, and others. In 2016, office buildings, malls, and institutional applications cumulatively accounted for 43.0% of the overall Commercial Insulation consumption.

Global Commercial Insulation consumption is anticipated to be pegged at 261.5 KT by the end of 2024, growing at a CAGR of 5.49% over the forecast period. Major factors influencing the market demand include developing infrastructure in emerging markets and need of energy efficient insulation in commercial buildings to reduce carbon emission/greenhouse gas (GHG) effect. Increasing demand for installation of Commercial Insulation is expected to influence the market growth at a CAGR of 5.71% through the forecast period, in terms of value.

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Key Findings

Market Research Future concludes that over the past few years, the Global Commercial Insulation Market has witnessed a moderate growth and as per the analysis, the market is likely to continue growing through the forecast period. The market growth is attributed towards the continuously increasing installation of Commercial Insulation in office buildings, malls, institutional, airports, general commercial buildings, hospitals, warehouses, and lodging. Global Commercial Insulation Market is projected to reach USD 2,708.1 million by 2024 at a CAGR of 5.71% during the review period of 2017-2024.The wraps/sheets Commercial Insulation segment accounted for 51.72% share in 2016.

The report about Global Commercial Insulation Market by Market Research Future comprises extensive primary research, along with detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro-economic and governing factors in the market. The report further provides detailed information about strategies used by top key players in the industry. It also conducts a broad study on different market segments and regions.

Segmentation

The Global Commercial Insulation Market is segmented into Type, Application and Region. On the basis of Type, Commercial Insulation Market is segmented into wraps/sheets, coatings, and adhesives & sealants. Wraps/sheets include aluminium foil laminate, multi-ply composite membrane, insulation jacketing tapes, polyethylene duct wrap, and others; Coating includes vapour barrier coatings, weather barrier coatings, condensation control coatings, and others; and Adhesives & Sealants includes PVC adhesives, polystyrene foam adhesives, waterbased insulation adhesives, and others. On the basis of Application, market is segmented as institutional, hospitals, office buildings, malls, airports, food & beverages, residential buildings, general commercial, warehouses, lodging, and others. Based on Region, the global market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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Dynamite Market 2018 Growth, Business Analysis and Opportunities Till 2023

Market Highlights:

Global Dynamite Market is projected to reach USD 17,973.7 million by 2023 at a CAGR of 5.67% by the end of the forecast period 2017-2023. Increasing development projects such as roads, airports, and railways coupled with growing number of housing projects are expected to augment the market growth. Higher production of coal implies higher penetration of explosives. Thus, economic and infrastructural growth leads to a rise in the coal demand. 

Moreover, increasing demand for ammunition products for the national security of the region and acute need for higher energetic explosives are encouraging R&D investments in end-use industries. However, stringent regulations regarding health safety and toxic emission may hinder the market growth.

Currently, the market is witnessing a high demand for energy due to industrialization and urbanization. For instance, the global energy consumption was pegged at 575 quadrillion British thermal units (Btu) in 2015 which is expected to be pegged at 736 quadrillion Btu towards the end of 2040. Thus, considering this growth coupled with the increasing population and rising investment in the mining industry, the global market for explosives is expected to register a healthy growth over the forecast period.

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Segment Analysis

The Global Dynamite Market is segmented on the basis of Grade, Type, Application, and Region. 

Based on the Type, explosives are segmented as bulk explosives, cartridges of explosives, ammonium nitrate fuel oil (ANFO), nitroglycerine, and others. The bulk explosives accounted for 47% share of the market in 2016 followed by ANFO and cartridges of explosives. The adoption of the bulk emulsion explosives is increasing owing to the cost-effectiveness as compared to cartridge emulsion explosives. Ammonium nitrate fuel oil is prominent and cost-effective blasting agent available for use in small to large size diameter applications. It is basically dry, free-flowing explosive, formulated to ensure effective use in underground development and tunneling applications. Moreover, ample supply of ammonium nitrate, a key raw material for the production of explosives from countries like China, Russia, India, the United States, and Africa is expected to drive the demand for ANFO based explosives in the coming years.

Dynamite is further classified as high and low explosives based on Grade. Low explosives tend to deflagrate and releases a large number of gases and heat. Propellant of gunpowder and pyrotechnics are a common application of low explosives. Subsequently, high explosives are gaining importance in explosives market on account of high demand for ANFO, RDX and PETN materials across end-user industries including mining and construction.

Based on the Application, explosives are used in mining, construction, quarrying, and defense industry. Among the aforementioned applications, mining industry accounted for 68% share of the market in 2016 and is estimated to reach USD 12,414.9 million by 2023. Coal mining is the most prominent application of mining industry. Increase in government expenditure towards extraction of coal from the surface or underground mines and deploying advanced technologies to extract mineral rich resources at a deeper level are anticipated to drive the explosives market in mining segment. For instance, the government of India announced an investment of USD 100 million for underground mines. Additionally, increasing private and public infrastructure activities, especially in emerging economies and public transportation, are likely to boost the overall market growth. Rising consumption of explosives for quarrying operations, which inherently relate to rise in the demand for stone and sand for construction activities accounts for 9% of world mining market. With a substantial increase in the demand for power to meet global demand of growing population are expected to gather momentum over the forecast period.

Geographically, Asia Pacific region dominates the Global Dynamite Market. The region is estimated to reach USD 8,298.4 million by 2023 at a CAGR of 6.05% by the end of the forecast period 2017-2023.  China and Australia are leading countries in this region due to rich in mineral deposits and growing number of infrastructural projects. Manufacturers are investing in advance technology for mineral extraction at a deeper level to meet the demand of metal and non-metal industry. Furthermore, Indian government initiative of 100% FDI in the construction industry coupled with defense expenditure of USD 53 billion by 2017-2018 is likely to boost the overall explosives market. Europe and North America witnessed a sluggish growth. Substantial growth in road development projects and transportation industry is expected to drive the explosives market in aforementioned regions.

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ASEAN, GCC, India, Africa Lubricants Market 2018 Latest Global Insights on Trends and Challenges 2023

Market Highlights

Market Research Future (MRFR) experts estimate that the ASEAN, GCC, Africa & India Lubricants Market capitalization can reach USD 29,532.9 million by 2023, at a CAGR of 4.30% during the forecast period (2017-2023). High demand for lubricants in the automobile industry results has provided numerous opportunities. Furthermore, growing sale of commercial vehicles and continuous economic development of the Association of Southeast Asian Nations (ASEAN) and Africa regions will trigger the product demand in the coming years. Also, expansion of oil & gas pipeline network and increased number of refinery and petrochemical projects are expected to supplement the demand for oil & gas lubricants during the forecast period.

On the flip side, increasing sales of electric vehicles are predicted to hit the product demand hard during the forecast period. However, rapid industrialization and increasing demand for automotive will prove buoyant for the market growth. Rigid environmental regulations by governments to use lubricants for better efficiency have also triggered the demand for lubricant products.

Also, to be noted are various trends cropping up within the market such as food-grade Lubricants and development of low viscosity lubricants for wind turbines. These emerging trends give the market the necessary push to higher levels.

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Segment Analysis – ASEAN, GCC, India, Africa Lubricants Market

The ASEAN, GCC, Africa & India Lubricants Market is segmented on the basis of Base Oil, Application and End Use.

Based on Base Oil, mineral oil has accounted for 86.2% market share in 2017 and estimated to reach USD 25,417.2 million by 2023, exhibiting a CAGR of 4.20% during the forecast period. The market for minerals is projected to exhibit slow growth in the coming years due to stern regulations by agencies owing to its negative environmental effects. Hence, demand for bio-based and synthetic oils alternatives has increased over the past years. Bio-based oils segment is growing rapidly owing to vast usage in the industrial sector, demand for zero toxic emissions, and high usage in premium end products.

Automotive and industrial are two major market applications. Automotive is the leading application segment, accounting for 57.52% market share in 2017. Increase in lightweight commercial vehicle production, as well as a shift towards better performance and fuel-efficient cars, has led to the market growth. Additionally, shifting production base coupled with growing production capacity of Southeast Asia market, particularly in Malaysia and Indonesia and the Philippines has boosted the production in ASEAN market.

The engine oil and gear oil segments within the industrial segment are collectively dominating the market. These oils are vital for construction in power transmission engineering and are used in almost all areas of application. On the other hand, process oil also exhibits promising growth due to low energy consumption resulting in reduced production costs and improved quality. Various benefits offered are increasing rubber softness, increasing penetration in the formulation of polymer compounds, and color stability and elasticity which opens up avenues for industry participants.

As per MRFR report, energy as the end-use industry is dominating the market and estimated to reach USD 7,277.9 million at a CAGR of 4.64% during the forecast period. Expansion activities of manufacturing sectors and infrastructural projects are likely to propel the market growth.

Regional Analysis – ASEAN, GCC, India, Africa Lubricants Market

Among all Regions, India held the highest potential with respect to market volume and market value in 2017 and is projected to continue its dominance over the forecast period. Rapid industrialization, growing population, flexible government regulations, and increasing investments can elevate the market to higher dimensions.

However, the Africa region is the fastest growing region in the Global Lubricants Market. Presence of multinational players such as Shell, BP, Chevron, Engen Petroleum, and others and increasing demand for agriculture equipment drives the market growth aggressively. For instance, in the first half of 2018, Shell became Aggreko’s largest lubricants supplier in Asia-Pacific.

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Ammonium Phosphate Market 2018 Development Trends, Competitive Landscape and Key Regions 2023

Industry/Innovation/Related News:

October 15, 2018 - ICIS (Independent Chemical Information Service), a business unit of Reed Business Information while reporting on the recent (24 September) increase in the US tariffs that imposes 10% hike on all fertilizer products and which is also due to increase up to 25% from 1 January 2019, assured that this increase is not likely to have any major impact on the China fertilizers market, even though the final list includes nearly all the crop nutrients produced in China.

The US tariffs list on Chinese goods include all fertilizers including diammonium phosphate (DAP) OR monoammonium phosphate (MAP), urea, ammonium sulphate (AS), ammonium nitrate (AN), urea ammonium nitrate (UAN).

October 11, 2018 - The Union Government of India increased the price of the di-ammonium phosphate (DAP) fertilizer by Rs 140 per bag, from Rs 1,250 to Rs 1,390. The DAP prices were Rs. 1,091 in January 2018, which have skyrocketed to Rs 1,390 and there are indications of the further increase in its price as well.

Global Ammonium Phosphate Market - Competitive Analysis

The key players operating in the Ammonium Phosphate Market compete based on pricing, Technology, and services they strive to deliver the best quality products based on innovative technologies, and best practices. Ammonium Phosphate Market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in intensified competition further.

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Key Players:

Some of the eminent leaders of the market include Yara (Norway), Nutrien Ltd. (Canada), S.A. OCP (Africa), Coromandel (India), Haifa Chemicals Ltd. (Israel), Jordan Phosphate Mines Company Limited (Jordan), Prayon S.A (Belgium), Eurochem Group AG (Switzerland), Yidu Xingfa Chemical Co., Ltd. (China), Yunnan Yuntianhua International Chemical Co., Ltd ( China), Chemische Fabrik Budenheim KG (Germany), Innophos, Inc. (U.S.), Maaden-Saudi Arabian Mining Company (Saudi Arabia), Vinipul Inorganics Private Limited (India), and Forbes Pharmaceuticals (India).

Global Ammonium Phosphate Market - Regional Analysis

The Asia Pacific region accounts for the leading market for Ammonium Phosphate owing to the expansion of various applications such as water treatment, food & beverages, and fertilizers. Some of the APAC countries such as China, Vietnam, Japan, Malaysia, and India is driven by agriculture industry account for the largest consumers of ammonium phosphate, generating the huge demand.

Simultaneously, the high production and exportation of agrochemicals in countries such as China, Indonesia, Malaysia, and India, are expected to impact the market growth positively, during the review period.

Simultaneously, the ever-increasing population along with the growing urbanization, and industrialization in the region are providing impetus to the market growth, prompting a greater demand for food and water. Also, the APAC region offers the cost-competitive land and labor force along with the ample availability of feedstock required for the production of the product which in turn, acts as a major driving force for the market growth in the region.

The North America market is emerging as a lucrative market for Ammonium Phosphate. The market is expected to witness an outstanding growth due to the extensive use of chemical fertilizers in the U.S. The US and Canada among the other North American countries account for the key contributors to the market growth in the region. Also, the constant expansion of the F&B and Water Treatment sector is one of the key drivers fostering the market growth.

On the other hand, the ammonium phosphate market in Europe is expected to witness restricted growth. The stringent regulatory framework is estimated to impede the market growth in the region during the assessment period. The joint proposal of ESPP for Fertilizer Regulation in EU which imposes stringent recovery rules for struvites, ashes, biochars, and pyrolysis products which is posing challenges to the market growth.

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Silanes and Silicones Market 2018 Growth, Business Analysis and Opportunities Till 2023

Market Research Future (MRFR) has revealed in its latest study that the Global Silanes and Silicones Market is set to expand at a CAGR of 5.93% during the forecast period 2018 to 2023. The valuation of the market is poised to reach USD 22,403 Mn by 2023-end up from USD 15,945.2 Mn in 2017. Silanes and Silicones have developed applications across different industry verticals. Out of all the end-user industry verticals, building & construction industry plays a significant role in driving the demand for Silanes and Silicones. The increasing demand for paints & coatings, and waterproofing & flame-resistant materials is expected to catalyze the market expansion.

The rapid urbanization and industrialization witnessed in the Asia Pacific, and Latin America are expected to intensify the competitive landscape of the market. The factors favoring the increase in demand in the Asia Pacific include low land & labor cost, the thriving consumer electronics industry, competitive operational cost, etc. Additionally, the shift towards eco-friendly water-based coatings has opened new avenues of growth and innovation opportunities for the market players.

The rising demand for Silanes and Silicones from the automotive industry as well as the renewable energy industry are prognosticated to augment the market over the projection period. The widening range of application in solar power generation has paved the way for market proliferation. However, the stringent enforcements regulating the utilization of silicones in the cosmetic industry is projected to hold the expansion of the market in the forthcoming years.

Global Market for Silanes and Silicones- Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on Type, Silane Application, and Silicone Application.

By Type, the global market has been segmented into silanes and silicones. The silanes segment is further sub-segmented into mono/chloro silane, Amino silane, alkyl silane, vinyl silane, sulfur silane, epoxy silane, methacryloxy silane, and others. The mono/chloro silane segment accounts for the largest share of the market currently and accounts for 27.4% of the market revenue. The increasing demand from the semiconductors industry is likely to drive the growth of the segment over the forecast period.

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By Silane Application, the market is segmented into paints & coatings, rubber & plastics, adhesives & sealants, fiber treatment, and others. The paints & coatings segment accounted for 31.3% of the market share and was valued at USD 4,985.1 Mn in 2017. The segment is estimated to reach a valuation over USD 7000 Mn by the end of the projection period. The growth of the segment is attributable to the strong value maintained by the buildings and construction sector.

By Silicone Application, the market has been segmented into construction materials, transportation, industrial processes, consumer care, electronics, healthcare, energy, and others. The construction materials segment is projected to expand at a CAGR of over 7% during the assessment period. The growth can be ascribed to the thriving residential and construction industry coupled with rising demand for waterproofing and flame-resistant materials.

Regional Outlook:

By Region, the global market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is the largest market for Silanes and Silicones and accounted for 40.56% of the global market share in 2017. The regional market is projected to expand at the highest CAGR during the assessment period.

North America holds the second spot in the Global Silanes and Silicones Market. The regional market is expected to witness a growth of USD 1358.5 Mn in terms of market revenue from 2017 to 2023. The expansion of the silicones segment is anticipated to catalyze the growth of the market in the region.

Europe is an important growth pocket and is prognosticated to register the second-highest CAGR of 6% over 2023. Led by Germany, the region is poised to witness a surge in demand from the paints & coatings industry through the review period.

Latin America is forecasted to exhibit positive growth over the next few years. The increasing demand for construction materials and paints & coatings is anticipated to catapult the regional market on an upward trajectory in the foreseeable future. Meanwhile, the Middle East & Africa is set to show a healthy rate of market expansion owing to the boom witnessed in the construction sector.

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Iodine Market 2018 Latest Global Insights on Trends and Challenges 2023

Industry Trends:

Iodine usage is getting precedence in formation of fluorine derivatives. Demand for lightweight components in sectors such as automotive & transportation, construction, and consumer electronics are bolstering the sale of aluminum, and its smelting requires fluorides. Furthermore, dental treaments can significantly boost the fluorine market and as a consequence iodine market can gain favorable winds.

Iodine is an ingredient that is necessary in formation of povidone-iodine (PVPI). PVPI can work wonder against gram-positive and gram-negative bacteria, viruses, and fungi which makes it ideal as an antiseptic. This use can trigger its growth in a new direction in the pharmaceutical sector.

Competitive Analysis:

The Iodine Market is experiencing several strategical implementations such as expansion, collaboration, mergers, and acquisitions. Relying on these, the market is eyeing for extraordinary growth. Iofina’s construction of the new IO#7 plant in Oklahoma, U.S. can be considered exemplary. Itochu Chemical made a strategic investment in SCILEX Pharmaceuticals Inc., can be considered a tactical move to expand its portfolio.

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Key players involved in the market are Independent Iodine, Calibre Chemicals Pvt. Ltd., Zen Chemicals, Deepwater Chemicals, Glide Chem Pvt. Ltd., Iochem Chemicals Corporation, Iofina, Godo Shigen Co. Ltd, ISE Chemical Corporation, and Itochu Chemical Frontier Corporation.

Global Iodine Market Overview

Components, with multiple benefits, are rarely widely available. Iodine contradicts the notion with its widespread usage across industrial verticals, and it is readily available with a cost-efficient tag on it. The Global Iodine Market can escalate to a valuation of USD 1,073.7 million by 2023, growing at a high CAGR during the forecast period (2018-2023).

Iodine’s proliferation in sectors from nutrition to healthcare and even in imaging technology has already given it a vast horizon to explore its market potential. An essential nutritional component, iodine works in X-ray contrast media as a tracer radioactive and as an anti-thyroid element in pharmaceuticals. Iodine’s percolation in imaging technology has elaborated the scope of Iodine Market further with each passing day experiencing a rise in LCD screen consumption. What can further cement the Iodine Market growth is its monopoly; without an appropriate substitute, iodine can command the market significantly in the near future.

The Iodine Market can, on the other hand, can backtrack a little in its growth trajectory due to its toxicity caused by over-consumption of the product. It can lead to hyperthyroidism and restrain the expected market growth during the review period.

Segmentation:

Based on Type, the Iodine Market can be segmented into natural brine, nitrite ore, and others. Natural brine is expected to lead the market with substantial revenue. It has 72.10% of the market under its dominance and can scale valuation of USD 784.6 million during the forecast period with a moderate growth rate of 5.10%.

Application-wise segmentation of the iodine market includes X-ray contrast media, biocides, pharmaceuticals, animal nutrition, human nutrition, catalysts, fluorochemicals, LCD polarizing films, and others. X-ray contrast media is by far the largest segment with 22.3% of the market share in its name. A CAGR of 6.12% seems to be easily scalable and with this sort of a momentum USD 259.88 million valuation can be achieved without difficulty during the review period.

Regional Segmentation:

Geographical mapping of the iodine market covers namely North America, Europe, Asia Pacific (APAC), Latin America (LATAM), and the Middle East & Africa (MEA).

Europe is the current market leader with a projected value of USD 335.4 million by 2023. Presence of several pharmaceuticals, along with extraordinary infrastructure, has given the region a headstart in capturing the market. North America has similar reasons to boast off, and its contribution is quite substantial. The estimated market value of the region will be USD 214.1 million during the forecast period. However, it’s the emerging economies such as India and China that are boosting the regional market and taking the APAC to a new height. Industrial revamping and revolutionary changes made in the healthcare sector is giving the region enough reason to enjoy the fastest CAGR of 6.07% during the time frame. The market valuation could easily climb up to USD 311.2 million during the review period.

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High Performance Epoxy Market 2018 Development Trends, Competitive Landscape and Key Regions 2022

Study Objectives of High Performance Epoxy Market:

Studying Market overview of High Performance Epoxy.

Estimating the market size by type and by End-User.

To provide insights about market drivers, restrains and opportunities.

To provide geographic market analysis and future outlook with respect to North America, Europe, and Asia along with other parts of the world.

To analyze the present status and future growth of Global High Performance Epoxy Market based on various factors- supply chain analysis, Porters Five Force analysis etc.

To provide strategic profiling of key players in the market and broadly analyzing their core competencies.

To evaluate competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments in the Global High Performance Epoxy Market.

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Key Players:

Key players of the Global High Performance Epoxy Market are Euclid Chemical Company, Sherwin-Williams Company, Rust-Oleum, V8 Floor Systems, Huntsman International LLC, Benjamin Moore & Co., FORREST Technical Coatings, Xtreme Engineered Floor Systems, Simpson Strong Tie, Zeraus Products Inc., Smooth-On, Inc. and others.

Reasons to Buy:

This report includes an in-depth study analysis of High Performance Epoxy Market.

It covers market segmentation by type and by End-User.

It helps in identifying region wise major suppliers and understanding the consumption pattern.

The report will provide useful and premium insights that will support investments in High Performance Epoxy Market and allied companies by providing detail on the fast growing segments and regions.

In addition, it will provide key findings that will help companies to improve profitability by using supply chain strategies and method of cost effectiveness related to various products mentioned in the report.

The data used in the report is primarily based on primary interview with major producing companies and industry experts which are supported by authentic industry data from secondary sources.

Intended Audience:

High Performance Epoxy manufacturers

Traders and distributors of High Performance Epoxy

Application industries

Potential investors

Raw material suppliers

Nationalized laboratory

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Epoxy Silanes Market 2018 Manufacturers, Countries, Type and Application, Forecast to 2023

Synopsis of Epoxy Silanes Market:

Global Epoxy Silanes Market has registered progressive growth over the past few years, and likely to up keep growth for Epoxy Silanes in the years to come. Epoxy Silanes have found its application in paints & coatings, adhesive & sealants, fiber treatment, packaging, medical and others. Growing paints and coating industry across the globe is the major market driver for Epoxy Silanes Market. Epoxy Silanes are significantly used in the preparation of DNA microarrays in medical applications. This has established prominence of Epoxy Silanes in medical applications thereby raising demand for Epoxy Silanes. Furthermore, use of Epoxy Silanes as adhesion promoters for epoxies, urethanes and acrylics has contributed in the global growth up to some extent. Growing packaging industry coupled with increasing applications of Epoxy Silanes in packaging industry is expected to drive Global Epoxy Silanes Market in forthcoming years. On the other hand, unstable behavior of silanes is posed as restraining factor in Epoxy Silanes Market. That being said, inability of Silanes to withstand static pressure in paints and coatings industry is anticipated to have a serious impact on the global market growth.

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Regional Analysis:

Asia Pacific dominates the Global Epoxy Silanes Market followed by North America and Europe. As of 2016, the region occupied more than half of the global market shares both in terms of revenue and volume. China is a major market in this region and is leading the Asia Pacific Epoxy Silanes Market. Growing industrialization in China play a vital role while driving regional demand for epoxy silanes. Furthermore, healthcare industry in India has grown progressively over the past few years, which has contributed significantly to its regional growth. On account of increasing application of Epoxy Silanes in the healthcare industry and important contribution by China and India, Asia Pacific will be a dominating global market over the forecast period. North America is the second largest market for Epoxy Silanes including major markets such as U.S. and Canada. Growth in this region is highly credible to growth in paints & coatings industry and packaging industry. The European region’s market share is less in Global Epoxy Silanes Market. This is due to low economic growth and increasing demand for other environment-friendly packaging materials.

Segmentation:

The Global Epoxy Silanes Market is majorly segmented on the basis of Type, Application and Regions.

Market Segmentation Based on Type of Epoxy Silanes include epoxy functional Silanes.

On the Basis of Application, market has been segmented into paints & coatings, adhesive & sealants, fiber treatment, packaging, medical and others.

Geographically global market has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

Key Players:

Key players of the Global Epoxy Silanes are Evonik Industrie AG (Germany), The Dow Chemical Company (U.S.), PCC SE (Germany), Anhui Elite Industrial Co.,Ltd (China), NANJING UNION SILICON CHEMICAL CO., LTD (U.S.), Momentive (U.S.),  Air Products & Chemicals Inc.(U.S.).

Intended Audience:

Epoxy Silanes manufacturers

Traders and distributors of Epoxy Silanes

Production Process industries

Potential investors

Raw material suppliers

Nationalized laboratory

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Steel Market 2018 Manufacturers, Countries, Type and Application, Forecast to 2023

Synopsis of Steel

Steel is an alloy of carbon & iron which includes 2% carbon and 1% manganese. A wide range of Steel grades are manufactured by using two conventional production processes namely, blast furnace-basic oxygen furnace (BF-BOF) and electric arc furnace (EAF) to suffice the specific needs of the application.    It exhibits superior properties such as high strength and durable mechanical properties. With the above-mentioned properties Steel is widely utilized in numerous end-use industries such as building & construction, automotive, electrical appliances, domestic appliances, oil & gas, and other transportation industry.

Key Findings:

Global Steel Market is projected to reach USD 962431.8 million by 2023. Expanding with a healthy CAGR over the forecast period. Building & construction accounted for the largest application segment accounting for value market share of 51% in 2016. Automotive is the second largest market exhibiting highest CAGR over the forecast period. Asia-Pacific is the largest and fastest growing market accounting for 67.2% in the overall market in 2016. Above 50% of the total production capacity flat steel product is owned by major twenty players in the market. ArcelorMittal Group is the leading producer with highest production capacity for flat and long steel products.

Segmentation

The Steel Market is categorized on the basis of Type, Application and Region. On the basis of Type, the market is bifurcated into long steel and flat steel. Among these, flat steel accounted for around 85% market share in overall steel sales revenue and is expected to retain its dominance due to wide utilization in building & construction sector. On the Basis of Application, the market is segmented into building & construction, automotive, mechanical equipment, metal products, other transportation, electrical appliances, and domestic appliances. On the Basis of Region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Key Players:

Some of the key players operating in the Global Steel Market are ArcelorMittal, POSCO, SHAGANG GROUP Inc, NIPPON STEEL & SUMITOMO METAL CORPORATION, China BaoWu Steel Group Corporation Limited, HBIS GROUP, Tata Steel, Nucor, HYUNDAI STEEL, ChinaSteel, Maanshan Iron & Steel Company Limited, thyssenkrupp AG, JFE Steel Corporation, JSW, and JIANLONG GROUP among others.

Regional Analysis

Geographically, the Steel Market is segmented into five regions viz. North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these, Asia Pacific emerged as the leading Steel Market in 2016, driven by the growth of industries such as automotive and building & construction. Asia Pacific region accounted for around 67% of the overall volume share in 2016 and is estimated to retain its dominance due to rising construction activities along with the burgeoning demand for high-quality steel. The demand for Steel is expected to surge in emerging economies such as China, India, and Japan due to the flourishing growth of building & construction, electrical appliances, and metal products sector. China accounted for the largest regional market share with a value of USD 367834.8 million in 2016 and is predicted to retain its dominance on account of rising demand from the electrical appliances application sector.

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Masterbatch Market 2018 Growth Rate, Revenue, Manufacturers, Customer Needs and Forecast to 2023

Global Market for Masterbatch: Segmental Analysis

MRFR’s report provides a detailed segmental analysis of the market on the basis of Type, Application, End-Use Industry, and Region.

By Type, the market is segmented on the basis of color, white, black, and additive. Among these, the Color Masterbatch segment captured the largest share of the market in 2017 and projected to value USD 4202.4 million by the end of 2023. One of the main factors responsible for this growth is the excellent color distribution of Color Masterbatch throughout the final plastic product. Moreover, color masterbatches are easy to store, feed, and handle, when compared to powdered form pure colorants, a characteristic likely to propel its demand and drive the market growth.

By Application, the market is segmented on the basis of packaging, consumer products, building and construction, automobile industry, electrical and electronics, and others. Among these, the packaging application segment accounted for 38.90% of the market in 2017. The segment is holding its position among all segments on account of shifting trends in favor of using packaged consumer products. On the other hand, the automobile industry segment is expected to grow at the highest CAGR of 6.14% throughout the forecast period, due to the growing preference for engineered plastics which is deemed to be a strong and effective alternative to various metals, such as aluminum, steel, and other metal alloys, in the automotive industry.

The End-Users in the global market are packaging, automotive, building & construction, consumer goods, agriculture, textile, and others. Among these, the segment of packaging is growing the fastest on the back of shifting consumer trends towards the use of packaged food as well as other retail products.

Vendor Landscape

Schulman, Inc., Cabot Corporation, Clariant, PolyOne, Plastika Kritis S.A., Ampacet Corporation, Americhem, Inc., Astra Polymers, ALOK, Hubron International, GABRIEL-CHEMIE Group, Prayag Polytech, DongGuan HengCai Plastic Pigment Ltd., Plastiblends, POLYPLAST, GCR Group, Tosaf, and RTP Company are some of the key market participants. Mergers and acquisitions are commonly witnessed in the market with major companies using it to expand their reach in developing countries.

Regional Outlook

The Global Masterbatch Market has been studied with respect to five key regions – Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific dominated the global market in 2017 with a 42.78% share and expects to reach USD 4,782.10 million by the end of 2023. The market in the region is presumed to grow at a modest CAGR of 6.13% on account of increasing demand for Masterbatch in the packaging industry. Moreover, the growth trajectory can also be attributed to demand from the established automotive and transportation industry in the region. Rising consumer awareness coupled with favorable government initiatives in developing economies such as China, India, Malaysia, and South Korea have fueled the market growth as well.

On the other hand, North America is projected to be the second-largest Masterbatch Market, with the United States (U.S.) ruling the regional market. This position has been achieved due to the substantial growth in automotive, packaging and consumer goods industries. Hence, strong establishment of industries and strong presence of market players in the region have resulted in the remarkable performance of the market.

Europe is another substantial market where economies such as Germany, the UK, France, Italy, and Russia play significant roles in adding to this growth. Meanwhile, the markets in Latin America and the Middle East & Africa claimed relatively smaller shares of the Global Masterbatch Market in 2017 due to undeveloped infrastructures, slow economic growth as well as slow industrialization.

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