CMEPC: November 2020

Monday 30 November 2020

Automotive Elastomers Market Share - Analysis, Growth, Forecast, Trends, Company Profiles, Overview and Research 2025

Key Players:

Prominent players in the Global Automotive Elastomers Market Share include Arlanxeo (Netherlands), BASF SE (Germany), The Dow Chemical Company (USA), Exxon Mobil Corp. (USA), Kraiburg TPE GmbH & Co. Kg (Germany), Kuraray Co. Ltd. (Japan), LG Chem Ltd. (South Korea), Mitsui Chemicals Inc. (Japan), Nizhnekamskneftekhim PJSC (Russia), Saudi Basic Industries Corporation (Saudi Arabia), Solvay S.A. (Belgium), Sumitomo Chemical Co. Ltd. (Japan), Teknor Apex Company Inc. (USA), and Versalis S.P.A (Italy).

Market Analysis:

Automotive Elastomers are useful for various manufacturing operations. A new report on the Global Automotive Elastomers Market, published by Market Research Future (MRFR), predicts that this market could grow between 2016 and 2023. In terms of value, the market can be worth USD 4,317.10 Mn by the end of the forecast period.

The primal market driving factor for the Global Automotive Elastomers Market growth is the use of Automotive Elastomers as sealants, adhesives, and flexible molded parts in automotive manufacturing. Surging sales of passenger cars in emerging economies have created growth opportunities for Automotive Elastomers. Other market driving factors include increasing purchasing power of the consumers, the rising standard of living, strict emission regulations in developed economies, subsequent increasing usage of high-performance, lightweight materials in the automotive industry, and lastly, the rapid rise in demand for both commercial and passenger vehicles.

Latest Industry News:

Mitsubishi Chemical has developed thermoplastics elastomer material called extrusion-grade styrenic copolymer (TPS). It is a single auto-foamable core grade that can be extruded at around 190 to produce foamed-core profiles. 8 AUG 2019

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Market Segmentation:

Global Automotive Elastomers Market segmentation encompasses Application, Type, and Vehicle Type. MRFR's take on the market explores various facets of the market in-depth.

The Application-Based Segmentation of this market covers exterior application, interior application, and tire application. The exterior segment has been sub-segmented into bumper fascia, front end body panel, rocker panel, and roof molds & window shields. The interior application has been sub-segmented into airbags, breaks & suspensions, dashboards, door panels, hoses & seals, instrument & soft-touch panels, seatings, and transmission & conveyor belts. The tire segment holds 61.4% of the market share.

By Type, the market has been segmented into thermoplastic elastomers (TPE) and thermoset elastomers (TSE). The TSE segment has been sub-segmented into acrylic rubber or alkyl acrylate copolymer (ACM), butyl rubber or isobutylene isoprene rubber (IIR), chlorinated elastomers, ethylene propylene diene monomer (EPDM), fluoroelastomers, natural rubber, nitrile butadiene rubber (NBR), polybutadiene rubber (BR), silicone rubber (Q), and styrene butadiene rubber (SBR). The TPE segment has been sub-segmented into copolyamides (COPA), copolyesters (COPE), polyether block amide (PEBA), styrene block copolymer (SBC), thermoplastic olefins (TPO), thermoplastic polyurethane (TPU), and thermoplastic vulcanizates (TPV).

Based on Vehicle Type, light commercial vehicle (LCV), medium & heavy commercial vehicle (M/HCV), and passenger cars.

Regional Segmentation:

A Geographical Outlining of the Global Automotive Elastomers Market covers Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa (MEA).

Browse Key Industry Insights spread across 449 pages with 327 market data tables & 26 figures & charts from the report, “Automotive Elastomers Market Information: By Type, Application and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2025” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/automotive-elastomers-market-4992

During the forecast period, the Asia Pacific region has the strongest chance to stand tall as the principal regional market due to the growing standards of living and rising disposable income of the consumers in developing economies namely China, India, and South Korea. These economies are incentivizing automotive production to meet the increasing demand in their respective countries. Japan is another major country-specific market as some important market players in the Asia Pacific region are based in Japan. Indonesia is another sizable country-specific market in this region. An analysis of the remaining countries in the Asia Pacific region featured in this report estimates the huge contribution to market revenue from some other countries.

Europe is the second-largest regional market due to technological advancement and a strong automotive industry in countries like Germany. Some of the key market players are based in Europe. Other critical country-specific markets in this region are France, Italy, Poland, Russia, and the UK. An observation of the remaining countries in Europe featured in this report speculate the huge addition to market revenue from some other countries.

North America is another important regional market due to the strong automotive industry, strong economy, technological advancement, and the presence of most of the key market players. USA and Canada generate maximum revenue in this market.

Latin America and the MEA region, hold the smallest market shares in the global market. Latin America is a bigger market than the MEA region as the automotive industry is stronger in this region. Argentina, Brazil, and Mexico are the biggest country-specific market in this region. An audit of the remaining countries in Latin America featured in this report speculate the huge addition to market revenue from some other countries. In the MEA region, market is limited due to limited scope for the automotive industry. In this region, the biggest country-specific markets are Saudi Arabia, Turkey, and UAE. A scrutiny of the remaining countries in the MEA region featured in this report calculates the increase to market revenue from some other countries.

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Textile Coatings Market Share - Analysis, Growth, Size, Trends, Overview and Outlook 2023

Market Synopsis:

The growth of the Clothing Industry is the major factor responsible for the development of the Textile Coatings Market Share in the forthcoming years. Increasing disposable income is likely to favor market expansion in the foreseeable future. These coatings are also extensively used in the automotive sector for the manufacturing of upholstery. The growing demand for vehicles is poised to encourage the revenue growth of the Textile Coatings Market in the years to come.

Textile Coatings are gaining momentum and witnessing rising applications across major end-use industries. The assessment offered by Market Research Future (MRFR) has revealed that the Global Textile Coatings Market is poised to register a steady CAGR across the projection period 2017 to 2023. These Coatings enable depositing polymeric resin on Textiles. The benefits of the process have paved its way across different industry verticals.

The construction sector has also unleashed developmental opportunities to the market. In addition, the rising demand for Textile Coatings for home furnishings is prognosticated to accelerate revenue generation for the players of the market over the next couple of years. On the flip side, rising environmental concerns, in conjunction with the implementation of stricter regulations, is poised to undermine the expansion of the Textile Coatings Market in the years to come.

Competitive Dashboard:

The important players studied for presenting a detailed segmental analysis of the Global Textile Coatings Market are Lubrizol Corporation (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.), Clariant AG (Switzerland), Solvay SA (Belgium), Formulated Polymer Products Ltd. (U.K), BASF SE (Germany), Sumitomo Chemical Company (Japan), Omnova Solutions Inc. (U.S.), and Tanatex B.V. (Netherlands).

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Industry News:

In May 2019, Covestro AG, Bayer's materials science division, has presented sustainable developments in Insqin technology designed for aqueous Textile Coatings and water-based polyurethane dispersion at Techtextil 2019. These developments are introduced for enabling biodegradable Textile Coatings.

In May 2019, Archroma, a leader in specialty chemicals and sustainable solutions, has announced the launch of a break-through water-based textile coating binder named Appretan® NTR which is based on natural renewable ingredients.

Market Segmentation:

On the basis of Type of Coating, the Global Textile Coatings Market has been segmented into thermosets, thermoplastics, and others (silicon, fluoropolymers). The thermosets segment can be further sub-segmented into natural rubber, styrene-butadiene rubber (SBR), and others (nitrile rubber, butyl rubber, and others). The thermoplastics segment has been sub-segmented into polyvinyl chloride (PVC), acrylics, polyurethane (PU), polyolefins, and others.

On the basis of Coating Method, the Textile Coatings Market has been segmented into direct roll coating, direct coating, pad-dry-cure coating, hot melt extrusion coating, foamed & crushed foam coating, calendar coating, and others.

On the basis of End-User Industry, the Global Textile Coatings Market has been segmented into transportation, clothing, building & construction, healthcare, home furnishing, and others (packaging, agricultural industry, geotextiles).

Browse Key Industry Insights spread across 100 pages with 47 market data tables & 12 figures & charts from the report, “Textile Coatings Market Information: By Type of Coating (PVC, PU, Acrylics), A Coating Method (Direct, Direct Roll, Pad-Dry-Cure, Foamed & Crushed Foam, Hot Melt Extrusion, Calendar), End-Use Industry (Clothing, Transportation, Construction, Home Furnishing, Healthcare) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/textile-coatings-market-5913

Regional Analysis:

For an Exhaustive Geographical Assessment, the Global Textile Coatings Market has been segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa (MEA). Asia Pacific is expected to hold the lion’s share of the market in the years to come. Increasing applications across the burgeoning industry verticals such as automotive, healthcare, construction, etc. is expected to increase the revenue generation of the market participants over the next few years in the region. In addition, the rising purchasing power of the population is also projected to favorably influence the growth pace of the Textile Coatings Market in the years to come.

Europe and North America are significant regional segments and are poised to contribute substantially to the development of the Global Textile Coatings Market over the next couple of years. The increasing demand for PU based Textile Coatings is prognosticated to drive the proliferation of the market in the foreseeable future.

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Friday 27 November 2020

PTFE Membrane Market Share - Analysis, Growth, Application, Overview, Trends, Key Opportunities and Outlook 2023

Prominent Companies:

Some of the leading companies shaping the worldwide PTFE Membrane Market Share include Donaldson Company, Inc. (U.S.), Hyundai Micro Co., (South Korea), General Electric (U.S.), Sartorius AG (Germany), Markel Corporation (U.S.), Layne Christensen Company (U.S.), Pall Corporation (U.S.), Merck KGaA. (U.S.), Corning Incorporate. (U.S.), W. L. Gore & Associates, Inc. (U.S.), Zeus Incorporation (U.S.), among others.

Market Overview:

Market Research Future (MRFR) expects the Global Polytetrafluoroethylene (PTFE) Membrane Market to reach a CAGR of 9% during the forecast period (2018-2023).

Market Drivers and Key Restraints:

PTFE is a type of thermoplastic polymer which is known for having exceptional properties including enhanced flexibility, self-lubricating properties as well as high tensile strength, among others. Polytetrafluoroethylene (PTFE) Membrane refers to a filter media that finds widespread applications in a variety of end-user industries. The rising demand from numerous application sectors is touted to be the driving factor behind the market growth in the ensuing years.

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Some of the primary applications of PTFE Membranes are oil & gas refineries, industrial filtration, pharmaceuticals and wastewater treatment, among others. Apart from this, surge in demand for clean and safe water elevates the investment in water treatment facilities around the world, benefitting the PTFE Membrane Market in the process. Superior filtration, extreme temperature resistance and tear resistance are some excellent properties of PTTE that makes them ideal for municipal and industrial wastewater treatments.

Besides, the accelerated application of PTTE in oil & gas refineries and pharmaceuticals adds to the market growth as well. PTFE Membranes find common use in oil and gas refineries for carbon dioxide recovery, gas dehydration, hydrogen sulfide separation, and air separation, among others. Having said that, the steep price of raw materials like PTFE resin could slow down the market growth in the subsequent years.

Market Segmentation:

Global PTFE Membrane Market has been segmented on the basis of type and application.

Type-Wise, the segments in the market are hydrophobic PTFE membrane, hydrophilic PTFE membrane.

Application-Based Segments are industrial filtration, textiles, medical & pharmaceuticals, water treatment industry, architecture, and others.

Browse Key Industry Insights spread across 137 pages with 44 market data tables & 11 figures & charts from the report, “PTFE Membrane Market Information: Type (Hydrophobic PTFE Membrane), Application (Industrial Filtration, Textiles, Medical & Pharmaceutical, Architecture, Others) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/ptfe-membrane-market-5696

Regional Insight:

The Key Markets for PTFE Membrane are Latin America, Asia Pacific, Europe, Middle East & Africa and North America.

Asia Pacific is identified as the most significant PTFE Membrane Market, with North America and Europe coming in second and third, respectively. Rapidly expanding industries along with rising urbanization in the region uplifts the demand for PTFE Membrane based on its extensive use in industrial filtration applications. Other than that, increasing population, mostly in India and China accelerates the need for safe and clean water, which drives the demand for PTFE Membrane within the water treatment facilities. Also, the surge in oil and gas activities, as well as the presence of the world’s largest refinery, could favor the growth of the PTFE Membrane Market in the region.

North America stands as the second most profitable PTFE Membrane Market in the world. Highly developed manufacturing units, pharmaceutical, and oil & gas industries contribute massively to the market growth. After the Shale gas revolution in the United States (U.S), investment within the oil and gas industry has almost doubled. This is indicative of the positive outlook that the market could expect in the near future. Further, presence of strict regulation pertaining to the treatment of industrial and municipal water will further boost the regional market. Citing a reference, Surface Water Treatment Rules (SWTRs) as well as Safe Drinking Water Act (SDWA) by the Environmental Protection Agency (EPA).

Europe is one of the strong contenders in the worldwide PTFE Membrane Market. The primary nations responsible for the lucrative market in the region are Italy, the United Kingdom (U.K) and Germany among others. Spike in demand for PTFE Membrane within the medical & pharmaceutical and water & wastewater treatment applications could quite possibly lead to further market expansion in the following years.

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Thursday 26 November 2020

Silicone Adhesives Market Share - Analysis, Growth, Trends, Scope, Size, Forecast, Demand and Outlook 2023

Competitive Analysis:

Some of the well-known Players Operating in the Global Silicone Adhesives Market Share are 3M (U.S.), Wacker Chemie AG (Germany), Momentive (U.S.), Dow Corning Corporation ( U.S.), Shin-Etsu Chemical Co., Ltd (Japan), Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), Sika AG (Switzerland), AVERY DENNISON CORPORATION ( U.S), and Delo Industrial Adhesives LLC ( U.S.) among others.

Market Overview:

Silicone Adhesives are used in numerous applications which are capable of offering excellent thermal stability, chemical resistance, elongation, and superior performance to the final product. Due to these factors, they are used in various applications such as buildings & construction, medical, transportation, electrical & electronics, and others. The Global Silicone Adhesives Market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to continue leading, owing to growing consumption of silicone adhesives in buildings & construction, medical, and others. It is estimated that the medical segment is set to observe the highest CAGR in the market due to growing use of the product to improve the salient features of the product. Moreover, the increasing demand of adhesive materials in medical devices, and others have propelled the market to witness a rapid growth during the forecast period. These factors have led to China, India and Japan to be the major players of this region.

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Segmentation:

Global Silicone Adhesives Market is segmented into the Type, Technology and Application.

On the basis of the Type, the market is further classified into one-component, and two-component segments.

On the basis of Technology, the market is subdivided into pressure sensitive adhesives, and non-pressure sensitive adhesives segments.

On the basis of Application, the market is bifurcated into buildings & construction, medical, transportation, electrical & electronics, and others.

Browse Key Industry Insights spread across 138 pages with 48 market data tables & 13 figures & charts from the report, “Silicone Adhesives Market Information: By Type (One-Component, Two-Component), Technology (Pressure Sensitive Adhesives, Non-Pressure Sensitive Adhesives), Application (Buildings & Construction, Medical) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/silicone-adhesives-market-5174

Regional Analysis:

The North America Market is expected to grow at a higher CAGR due to extensive consumption of adhesives in growing constructional activities and infrastructural development in the region. The U.S., Canada and Mexico have achieved a significant place in the market due to growing investments in end-use industries. The growing demand for Silicone Adhesives in electrical wiring within building walls and ceilings is also estimated to drive the market during the forecast period.

A notable development is achieved in Europe due to the growing demand for adhesive materials in sealing buildings, highway expansion joints, and others. The growing innovation and technological advancement have propelled the market to witness a higher growth. Owing to these factors, countries such as Germany, the U.K and Italy are the major contributors to this market.

A considerable development is predicted in the Latin American region such as in Brazil, Uruguay and Argentina due to the growing consumption of the product in buildings & construction, medical, transportation, electrical & electronics, and others. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing demand for silicone adhesives in major industries.

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Fire Protection Coatings Market Share - Analysis, Growth, Size, Overview, Key Players, Trends Application 2023

The Fire Protection Coatings Market Share has witnessed an exceptional growth in the European region due to its stringent policy and reforms set by the regional government which is driven by relatively high mass awareness regarding fire safety. Germany, the U.K. and Italy are projected to be the leading players in this region owing to an increasing usage in the heavy end industries. It is predicted that the passive fire protection coating is set to grow at a higher CAGR during the forecast period.

Global Fire Protection Coatings can be applied to a wide array of substrates and provide them with active resistance to fire. The gravity of damage and the increasing frequency of fire atrocities have given a way to stringent fire safety regulations. Global Fire Protection Coatings Market is spanned across five key regions in the world namely Asia Pacific, Europe, North America, Latin America and the Middle East & Africa. Asia Pacific is projected to rule the market in the world and is anticipated to continue its dominance during the forecast period owing to its growing use in major industries such as oil & gas, buildings and construction, automotive and others. China, Japan and India are the major players in this region due to growing awareness and concerns of safety in heavy end industries. These things have prompted manufacturers and investors of recognized companies to prioritize safety.

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An enormous growth has propelled the North American region to witness a rapid demand of steel in construction, petrochemical, energy, aviation, and others. It is projected that the U.S., Canada and Mexico are going to be the prominent players in this region during the forecast period. A surge in demand is predicted in the passive fire coating segment due to growing production of organic and inorganic coatings in end-use industries. The fire protection coating market is predicted to witness a remarkable growth in the Latin American countries such as Brazil, Argentina and Uruguay due to an increase in number of coatings industries. Additionally, the Middle East & Africa is estimated to witness a stunted growth due to low crude oil prices, declining construction industry, and others.

Key Players:

Some of the major players operating in the Global Fire Protection Coatings Market are PPG industries (U.S.A.), Akzo Nobel N.V. (the Netherlands), The Sherwin-Williams Company (U.S.A.). RPM International Inc. (U.S.A.), Nippon Paint Holdings Co.(Japan), Axalta Coating Systems, LLC(U.S.A.), The Valspar Corporation(U.S.A.), BASE Coatings (Germany),  KANSAI PAINT CO.,LTD (Japan), among others.

Segmentation:

Global Fire Protection Coatings Market is segregated on the basis of Type and Application.

On the Basis of Type, the market is further segmented into passive fire protection coatings and active fire protection coatings. Among these, passive Fire Protection Coating segment is set to grow at a high rate due to the rising demand in end-use industries.

Browse Key Industry Insights spread across 136 pages with 35 market data tables & 11 figures & charts from the report, “Fire Protection Coatings Market Information: By Type (Passive Fire Protection Coatings and Active Fire Protection Coatings), by Application (Oil & Gas, Buildings and Construction, Automotive, Aerospace, Marine, Electrical & Electronics, and Others) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/fire-protection-coatings-market-4657

On the Basis of Application, the market is further classified into buildings and construction, oil & gas, automotive, marine, aviation, and others. Buildings and construction segment is predicted to hold the major share in the market during the forecast period.

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Spray Adhesive Market Share - Analysis, Growth, Size, Forecast, Trends, Overview and Outlook 2023

Key Players:

According to the reports published, some of the prominent players operating in the Global Spray Adhesive Market Share are Gemini Adhesives Ltd. (U.K), AFT Aerosols (U.K.), Phillips Manufacturing (U.S.), 3M (U.S.), Henkel AG & Co. KGaA (Germany), H.B.Fuller (U.S.), AVERY DENNISON CORPORATION. (U.S.), BASF SE (Germany), Bostik S.A. (France), ND Industries, Inc. (U.S.), UniSeal, Inc. (U.S.), Ashland, Inc. (U.S.), Beardow Adams (U.K), Sika AG (Switzerland), Eastman Chemical Company(U.S.).

Market Insights:

Global Spray Adhesive Market is expanding at an exponential rate. Considering such a rapid market expansion, Market Research Future Reports published its report about the Global Spray Adhesive Market, stating that, the market is set to inflate at a moderate CAGR by 2023. The growth of this market highly attributes to increasing demands in the building & construction sector, expansion of the packaging industry, and more. Spray Adhesives are predominantly utilized in numerous applications such as automotive, leather & footwear, building & construction, paper & packaging, woodworking, and others.

Global Spray Adhesives Market: Drivers & Trends

Spray Adhesive Market is witnessing a robust growth owing to factors such as rising demand of it from the building & construction sector, across the globe. Moreover, substantial investment is being made into various research & development activities to improve the existing product as well as the introduction of new product developments, which in turn, is estimated to escalate the Global Spray Adhesives Market Growth.

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Apart from this, factors such as scattering awareness about the harmful effects of VOC remittance has reduced the use of solvent-based Spray Adhesives, boosting the water-based adhesives consumption and making it rise high in the years to come. Therefore, the increasing use of Spray Adhesive in repairing hoardings and other interior accessories in the automotive industry is also fueling the Spray Adhesive Market Demand in the forecast period.

In addition, most Spray Adhesives are known for having heat and moisture resistance, which makes them suitable for various high-performance application requirements. However, on the flip side, high cost and a low adoption rate of Spray Adhesives continue to challenge the potentials of the Global Spray Adhesive Market.

Spray Adhesives Market Segmentation:

According to Market Research Future Reports, the Global Spray Adhesive Market has been fragmented on the basis of Technology, Chemistry, Application, and Region.

By the mode of Technology, Spray Adhesive Market is segmented into the water, solvent, hot- melt, and others.

By the mode of Chemistry, the market includes epoxy, polyurethane, synthetic rubber, vinyl acetate ethylene, and others.

By the mode of Application, the market is segmented as paper & packaging, building & construction, automotive, leather & footwear, wood working, and others.

Regional Outlook:

On a Geographical Note, Spray Adhesive Market has covered essential regions such as Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Browse Key Industry Insights spread across 137 pages with 47 market data tables & 13 figures & charts from the report, “Spray Adhesive Market Information: By Type (Chlorine, Chlorine dioxide, Sodium Hypochlorite, Calcium Hypochlorite,Sodium Dichloroisocyanurate and others), By Application (Cosmetic & Personal Care, Textile Industry, Household industry, Food Additive, Pulp Bleaching and others) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/spray-adhesive-market-4297

Among these, Asia Pacific is forecast to cultivate at the fastest CAGR in the assessment period owing to swelling demand from various applications such as building & construction, automotive, and paper & packaging, among others. The demand for Spray Adhesive is to get surged in emerging countries such as India, China, and Vietnam with the increasing automobile production and sales. Furthermore, more factors such as relatively cheap labor cost, easy availability of raw material, and employment of new development strategies to achieve the demand for Spray Adhesives are their growing applications and acting as essential factors for the regional market growth.

The Asia Pacific has emerged as the largest market for Spray Adhesive as North America is foreseen to witness a significant growth in Spray Adhesive Market owing to the recovery of the industrial sector coupled with escalating investments to revitalize building & construction sector. In North American countries such as the U.S, Canada, and Mexico, they are among the significant contributors in the regional Spray Adhesive Market growth and are predicted to witness a significant regional growth of the market in the upcoming years.

While in Europe, countries such as Russia, Spain, Germany, and the U.K have emerged as the prominent country for the markets to develop end-user industries and to increase expenditure on R&D and innovation.

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Tuesday 24 November 2020

Epoxy Curing Agent Market Share - Growth, Analysis, Size, Overview, Application and Outlook 2025

Market Scenario:

Global Epoxy Curing Agent Market Share is estimated to expand at 6.8% CAGR during the forecast period (2016-2023) owing to the increasing demand from various applications, asserts Market Research Future (MRFR). Epoxy curing can be referred to as the process of linear Epoxy Resin with curatives to form three-dimensional cross-linked thermoset structures. Epoxy Resin has excellent properties such as chemical resistance, mechanical strength, and electrical insulation after the curing process.

Industry News:

August 24, 2018: BASF and Gustav Grolman GmbH & Co. KG strengthens their collaboration in Europe in the marketing of amine-based curing agents for processing of epoxy resins. Grolman expands the marketing of the BASF specialty chemicals under the Baxxodur brand to Spain, Italy, and Portugal, for use in epoxy resin-based applications.

Competitive Analysis:

The major players operating the global market are Cardolite Corporation (US), Aditya Birla Chemicals (India), BASF SE (Europe), Mitsubishi Chemical Corporation (Japan), Momentive Specialty Chemicals Inc. (US), Huntsman International LLC (US), Air Products and Chemicals Inc. (US), Evonik Industries AG (Europe), The Dow Chemical Company (US), Kukdo Chemical Co. Ltd. (South Korea), and others.

Drivers and Restraints Impacting the Market:

Epoxy Curing Agent finds application in adhesives, composites, coatings, electronics, and others. With the growing demand for high performance resin materials in applications such as composites, paint & coatings, and electrical & electronics, the global market for epoxy curing is likely to expand during the assessment period. Consumer electronics have witnessed significant growth and is expected to maintain its dominance over the review period owing to the penetration of digitization and telecommunication devices. Moreover, with rapid urbanization and growth in composite market have led to the expansion in the Epoxy Curing Agent Market Globally.

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On the flip side, environmental regulations, especially in the European region, is predicted to hamper the market growth. Meanwhile, the expanding paint and coating industry drives the demand for Epoxy Resin which can eventually expand the market size in the future.

Epoxy Curing Agent: Segmental Analysis

Global Epoxy Curing Agent Market has been segmented on the basis of Application, Type, and Region.

By mode of Type, the global market has been segmented into polymercaptan, anhydrides, amines, imidazoles, polyamide, polymercaptan, and others such as dicyandiamide, thiols, photo- and ultraviolet-curing agents. Amine-based curing agents are resistant to chemical and highly durable which drives the demand for amine-based Epoxy Curing Agents. They are highly used in architectural and industrial sectors along with floor coatings.

By mode of Application, the global market has been segmented into coatings, composites, adhesive, electronics, and others such as additives, wind energy, and others. Among these, the demand for Epoxy Curing Agents is high in the electronics segment owing to the growing demand for printed circuit boards which are required to manufacture electronic products like smartphones, machinery, mobile devices, automotive electronics, and others.

Regional Insights:

Geographically, the Epoxy Curing Agents Market spans across regions namely, Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

Among all the regions, Asia Pacific has witnessed a spectacular rise in the past few years due to the broad customer base, cheap labor, and flexible norms. Such factors have led several manufacturers to implement new facilities in this region. Rapid industrialization in the regions like India, China, and Indonesia is likely to drive the market. Moreover, China has emerged as the manufacturing hub owing to the growing demand from electronic devices sector.

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Regions like Canada and the United States in the North American region is expected to contribute heavily to the market due to growth in the composite industry and large urban population base. Also, well-established construction and building industry have positively impacted the market over the years.

The European region provides high potential owing to the accelerating private and government investment in infrastructure development. The market exhibits strong potential in regions like Italy, Germany, France, Netherland, and the UK.

Meanwhile, the Middle East and Africa are zooming ahead owing to the growing number of end-use product manufacturers and rising per capita income.

NOTE: Our team of researchers are studying COVID19 and its impact on various industry verticals and wherever required we will be considering COVID19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Monday 23 November 2020

Dicalcium Phosphate Market Share - Growth, Analysis, Size, Forecast, Key Players Profile and Overview 2025

Some of the prominent factors that positively influence the growth of the Dicalcium Phosphate Market Share are rising per capita disposable income, rapid urbanization, and continuous growth of pharmaceutical sector. Furthermore, growing use of pharmaceuticals has led to an increase in the demand for Dicalcium Phosphate Globally. Moreover, continuous growth of fertilizer sector along with rise in demand from small to medium level goat & poultry business is predicted to fuel the market growth. Growing demand from agriculture coupled with rising demand of high quality crop production is also anticipated to fuel the market growth. However, high cost associated with the raw material as well as increasing demand for alternative fertilizer is estimated to hamper the growth of the market.

Dicalcium Phosphate is a white, odorless powder with chemical formula CaHPO4. It is also known as calcium monohydrogen phosphate or dibasic calcium phosphate. It is one of the mineral phosphorous sources which is commonly used in organic diets. It is commonly produced by reacting superphosphate with an alkaline agent. The limiting agent combined with superphosphate and a chemical reaction occurs to produce Dicalcium Phosphate. Dicalcium Phosphate is commonly used as dough modifier, nutritional supplement, emulsifier, leavening agent, and stabilizer in cake, pastry, flour, and baked goods. Moreover, it is used in milk products, ice cream, biscuits, and drinks as a nutrient supplement. It is widely used in numerous application such as fertilizer, animal feed, pharmaceuticals, cosmetics, food & beverages, and others.

Competitive Analysis:

The major players operating in the Dicalcium Phosphate Market are Kemapco Arab Fertilizers & Chemicals Industries LTD (Jordan), ICL (Israel), CaP Biomaterials, LLC (U.S.), Merck KGaA (Germany), Hindustan Phosphates Pvt. Ltd. (India), AARTI INDUSTRIES LIMITED (India), Gujarat Narmada Valley Fertilizers & Chemicals Ltd (India), Mitushi Biopharma.(India), Bamni Proteins Limited (India), and Guizhou Zerophos Chemical Co., Ltd. (India) among others.

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Market Segmentation:

Global Dicalcium Phosphate Market is segmented on the basis of Production Method, Application, and Region.

On the basis of Production Method, the market is classified into phosphoric acid route, and hydrochloric acid route. Among these, hydrochloric acid route is prominently used across the globe on account of ease of operational method.

On the basis of Application, the market is categorized into animal feed, fertilizer, food & beverage, pharmaceuticals, cosmetics, and others. Among them, animal feed accounted for the largest market share of Global Dicalcium Phosphate Market in 2016 and is expected to expand with a healthy CAGR over the assessment period. The growth factor associated with above mentioned segment is continuous growth of poultry and meat business. Increasing demand for animal fodder or dietary product due to limited availability of arable land. New product launches in cosmetics and pharmaceutical segments as well as strong utilization of Dicalcium Phosphate are among the major factors expected to give new momentum to the growth of the market.

Regional Analysis:

Asia Pacific is estimated to be the largest market for Dicalcium Phosphate followed by North America and due to increasing demand from numerous end use industries such as fertilizer, pharmaceuticals, and animal feed among others. In Asia Pacific, some of the prominent factors for market growth are rising economic growth rate, competitive production costs, and ease in availability of raw material. North America is predicted to witness a steady growth over the assessment period due to increasing demand for dietary products in the animal feed sector. Europe Dicalcium Phosphate Market is expected to witness a significant growth owing to continuous growth of food & beverage industry. The Middle East & African countries is expected to witness strong market growth on account of rising meat consumption as well as dietary products. In Latin America market growth is majorly due to continuous expansion of cosmetics and pharmaceutical sector.

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Bio-Based Surfactants Market Share - Growth, Analysis, Applications, Trends, Size, Demand and Outlook 2025

Market Research Future (MRFR) has announced a new release on the Global Bio-Based Surfactants Market Share. The report studies the Global Bio-Based Surfactants Market from all angles in order to produce a complete picture of the market’s present condition and likely growth trajectory over the forecast period (2018-2023).

Surfactants are compounds that lower the surface tension between two materials, either liquid and solid, liquid and liquid, or liquid and gas. As a result, they are used in a wide variety of end-use industries such as agricultural chemicals, household detergents, personal care products, and more. Bio-Based Surfactants are surfactants derived from natural sources. These have witnessed a steady rise in demand over the last few decades with the growth in the popularity of the environmental movement. The Bio-Based Surfactants Market is set to prosper at a solid rate over the forecast period due to the growing popularity of the environmental movement and growing demand for surfactants in their diverse end-use industries.

Competitive Analysis:

Key players in the Global Bio-Based Surfactants Market include Croda International, Urumqi Unite Bio Technical Co. Ltd., BASF Cognis, AkzoNobel NV, MG Intobio Co. Ltd., Ecover, Saraya Co. Ltd., Evonik Industries, Mitsubishi Chemical Holdings, and Chemtura Corporation.

Croda International launched a new range of 100% Bio-Based Surfactants in November 2018, called ECO. Such product innovation is likely to be a popular competitive strategy for players in the global bio-based surfactants market over the forecast period.

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Segmental Analysis:

Global Bio-Based Surfactants Market is segmented on the basis Of Product Type, End Use, and Region.

On the Basis of Product Type, Global Bio-Based Surfactants Market is segmented into methyl ester sulphonate, alkyl polyglucosides, alkyl polypentosides, sucrose esters, fatty acid N-methylglucimides, sorbitan esters, sophorolipids, anionic APG derivatives, rhamnolipids, methyl glucoside esters, and others. Methyl ester sulphonates dominate the Global Bio-Based Surfactants Market and are likely to remain the leading contributor over the forecast period. The segment accounted for more than a third of the Global Bio-Based Surfactants Market in 2016, with alkyl polyglucosides, the next largest product segment, accounting for around 18%.

By End-Use Industry, Global Bio-Based Surfactants Market is segmented into agricultural chemicals, oilfield chemicals, household detergents, industrial and institutional cleaners, food processing, personal care products, textiles, and others.

Regional Segmentation:

Global Bio-Based Surfactants Market is segmented geographically into North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East and Africa.

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Europe is the leading contributor to the Global Bio-Based Surfactants Market thanks to the strong support given by governments in the region to products that aid the cause of environmental protection and conservation. Bio-based products have gained a growing market in Europe thanks to these measures, which are likely to benefit the Bio-Based Surfactants Market over the forecast period. Consumer products such as household detergents and personal care products are also likely to grow in demand in Europe over the forecast period owing to the growing volume of an urban and affluent consumer demographic that can afford premium products. The Bio-Based Surfactants Market is thus likely to exhibit steady growth in Europe over the forecast period.

North America is also likely to be a major regional market for Bio-Based Surfactants over the forecast period. North American consumers have shown a growing demand for personal care products using Bio-Based Surfactants over the last decade or so, leading to strong growth forecasts for the Bio-Based Surfactants Market in the region. Asia Pacific is also likely to be a major market for Bio-Based Surfactants over the forecast period due to the growing purchasing power of urban consumers in countries such as China, India, and Japan, where the use of natural ingredients in personal care products can be a major USP.

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Medical Adhesives Market Share - Growth, Analysis, Forecast, Scope, Insights, Size and Outlook 2025

Medical Adhesives Market – Overview

Wound healing, which is a crucial part of the medical treatment portfolio, has led to the growth of the Medical Adhesives Market Share. Reports that appraise the chemicals and materials industry have been presented by Market Research Future, which creates reports on industry verticals that assess the market development and prospects. The market’s growth is expected to be fast-tracked at an accelerated CAGR in the forecast period.

The increase in healthcare spending is anticipated to lead to an increased demand for Medical Adhesives. The rise in surgical procedures conducted requires Medical Adhesives to close the opening after being operated. Moreover, the development of innovative, biocompatible, and biodegradable medical adhesives is expected to promote market growth in the forecast period.

Competitive Analysis:

The Global Economies are reacting to the market forces by implementing favorable policies and cutbacks so as prevent a slowdown in the progress of the market. The enhancement of the distribution channels is projected to motivate market growth relatively. The conducive nature of the monetary and fiscal policies is likely to lead to solid growth in the market. Moreover, the rise in International transactions is anticipated to bolster the expansion of the market considerably. The positive effect exerted by governments in the development of the market is expected to guide the market towards sound progress in the coming years.The changes in the income levels globally are contributing to the growth of the market. The rise in individual discretionary spending is anticipated to lead to the progress of the market. The disequilibrium noticed in the forces that are backing the growth of the market is expected to lead to a relatively slow pace of the growth.

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The well-known players in the Medical Adhesive Market are Covidien plc (Ireland), B. Braun Melsungen AG (Germany), Cohera Medical, Inc. (The Netherlands), Baxter (U.S.), Henkel AG & Co. KGaA (Germany), Ethicon US, LLC (U.S.), Gem Srl (Italy), GluStitch (Canada), Chemence (U.K), and Adhezion Biomedical, LLC (U.S.), among others.

Segmental Analysis:

The Segmental Study of the Medical Adhesive Market is carried out on the basis of Technology, Resin Type, Application, and region.

On the basis of Type, the market for Medical Adhesives is segmented into synthetic and natural.

Based on Technology, the Medical Adhesive Market is segmented into hot metal based, water-based, and solvent-based.

Based on the Application, the Medical Adhesive Market is segmented into metal container, polyethylene terephthalate (PET), and polyolefin bottle.

By Geography, the Medical Adhesive Market is segmented into the Middle East, Asia Pacific, Europe, North America, Africa, and Latin America.

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Detailed Regional Analysis:

The Regional Assessment of the Medical Adhesive Market covers regions such as the Middle East, Asia Pacific, Europe, North America, Africa, and Latin America. The Asia Pacific is the swiftest growing market responsible for over 30% portion of the Medical Adhesive Market globally. The progress of this regional market is principally driven by the increasing public investment in healthcare sector together with an evolving healthcare infrastructure. The North American region closely follows the Asia Pacific region to be the next largest market. This is credited to the constant innovation in the field of Medical Adhesives and growing consumption of portable medical devices. The European region is also a noteworthy region in the Medical Adhesive Market due to regulatory mandates such as Child Resistive Packaging (CRP) that are motivating the manufactures of medicines to pack products in a resistive package. The market for Medical Adhesives in the Latin American region is projected to develop at a considerable CAGR due to the resolved economic and political scenario. The Middle East and Africa region is responsible for the minimum share of the Medical Adhesive Market which is anticipated to observe a significant change in the approaching years.

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Saturday 21 November 2020

Cyclohexane Market Share - Growth, Analysis, Overview, Size Estimation, Forecast, Trends and Outlook 2025

Cyclohexane Market – Market Overview

Moreover, the increasing demand for Cyclohexane in the end-use industries such as food & beverages, packaging, textile, building & construction, and paints & coating is anticipated to drive growth of the Global Cyclohexane Market Share during the assessment period. Cyclohexane is a colorless and flammable liquid, which is produced by catalytic hydrogenation of benzene. Cyclohexane is mainly used in the production of adipic acid and caprolactam. These materials are primarily used in manufacturing various thermoplastics, fibers, polyesters, and plasticizers. Cyclohexane is widely used in the manufacturing of nylon-based materials. The nylon-based thermoplastic components are majorly used in automotive light-weighting to increase the fuel-efficiency of the vehicles. The increasing use of nylon-based thermoplastics in manufacturing various automotive parts is likely to boost demand for Cyclohexane during the forecast period.

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Asia-pacific is expected to be the key region in the Global Cyclohexane Market owing to the increasing demand for the product from end-use industries such as automotive, construction, and textile. Moreover, the growing petrochemical sector in this region is anticipated to fuel the demand for Cyclohexane during the forecast period. The high consumption potential, increasing production capacities, and significant economic growth of North America, is expected to favor growth of the regional market. Other regions including Europe, the Middle East & Africa, and Latin America are also anticipated to show moderate demand for cyclohexane.

Cyclohexane Market- Competitive Landscape

Global Cyclohexane Market is witnessing a healthy growth owing to increasing demand for manufacturing Nylon-6, 6 and Nylon-6, which are majorly used in the automotive, construction, and textile industries. Reliance Industries Limited (India), China Petroleum & Chemical Corporation (China), BASF (Germany), DowDuPont Inc (U.S.), Chevron Phillips Chemical Company (U.S.), Idemitsu Kosan Co., Ltd. (Japan), and BP Refining & Petrochemicals GmbH (Germany) are some of the leading players in this market. Most of these participants adopt various strategies such as product launch, capacity expansion, R&D, and merger & acquisition to strengthen their market position and earn sizeable revenue. Considering these trends, the Global Cyclohexane Market is set to witness a considerable competition during the forecast period, 2018–2023.

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Industry/ Innovation/ Related News:

25th April 2017- Lanxess (Spain), a leading manufacturer of caprolactam has announced an investment of nearly EUR 25 million, to implement measures for enhancing efficiency of the plant. The announcement was made on the occasion of completion of 50 years of the caprolactam production unit. Caprolactam is the major product of cyclohexane, hence the investment made directly influences the cyclohexane demand in the company.

03rd October 2016- AdvanSix, a leading producer of Nylon-6, started as an independent company after performing a tax-free spin-off from Honeywell. This decision was taken by the company in order to seek opportunities in the market and gain a significant market position. The company produces caprolactam using cyclohexane, hence creating a market demand for caprolactam.

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