Blow Molding Plastics Market 2017: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Market Overview:
The Global Blow Molded Plastic Market projected to grow at the significant growth rate in the coming years due to healthy growth in end use industries. Over the past five years, the market has witnessed technological reforms in the manufacturing of blow molded plastic that provides Molded Plastic manufacturers to produce customized products. Moreover, agriculture industry sets a potential growth in this market driven by increasing demand for agriculture films. On the other hand, the key economies in Asia Pacific such as China and India are dealing with the overcapacity of Molded Plastic due to the reduced manufacturing cost. These factors are considered as major restraints over the growth of the Global Blow Molding Plastic Market.

Market Segmentation:
The Global Blow Molding Plastic Market is segmented on the basis of the type, end use and region. Market segmentation based on type includes HDPE, LDPE, PP, PVC, and PET. Polyethylene (PE) has emerged as one of the promising segments by type and dominated the global market as of 2016. Polyethylene growth has been driven by its application in packaging and electrical & electronics industry. Specifically, in food & beverage industry, PE is used for wide packaging applications. Furthermore, PET was the second largest segment and it is anticipated to grow at highest CAGR over the review period.

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Furthermore, based on end use market has been segmented as food processing, construction, automobile, furniture & design, agriculture and others. Food industry followed by construction industry is the largest consumer of Blow Molding Plastics. Since the food & beverages industry is on the rise, it is anticipated to continue its dominance over the forecast period. Specifically packaging applications in food and beverages is complementing growth in the Global Blow Molding Plastic Market. Over the past few years, agriculture industry is emergently using Molding Plastics. Agriculture films are made of LDPE and HDPE, which in turn, has raised the demand for Blow Molding Plastics. This particular industry is expected to provide lucrative growth opportunities in the coming years due to huge investment in process from upcoming agricultural projects. Though, the region is anticipated to be growing at a healthy CAGR over the forecast period owing to high consumer awareness and improving lifestyle.

Competitive Players:
The key players in the Global Blow Molding Plastics Market are The Dow Company, Exxon Mobil Corporation, Magna International Inc., IAC Group, Berry Global Inc., Rutland Plastics Ltd., Comar LLC, Inpress Plastics Ltd., and The Plastic Forming Company.

Regional Analysis:
The Global Blow Molding Plastic Market is spanned across Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. As of 2016, Asia Pacific dominated global market both in terms of value and volume. The region accounted for more than one third of the global market share on account of economic reforms in the major economies across the region. Growth in this region was highly attributed to use of Molded Plastics in construction sector such as decoration, electrical wiring, flooring, wall covering and water proofing. North America was the second largest market after Asia Pacific. The flourishing automotive industry has led growth in this market due to the demand for light weight and durable materials. On the other hand, Europe is undergoing sluggish growth due to relatively less industrial output.

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Key Points from Table of Contents:

1    Executive Summary

2    Scope of the Report

2.1    Market Definition
2.2       Scope of the Study
2.2.1    Research Objectives
2.2.2    Assumptions & Limitations
2.3    Markets Structure

3       Market Research Methodology
3.1    Research Process
3.2    Secondary Research
3.3    Primary Research
3.4    Forecast Model

4        Market Landscape
4.1        Five Forces Analysis
4.1.1    Threat of New Entrants
4.1.2    Bargaining Power of Buyers
4.1.3    Threat of Substitutes
4.1.4    Segment Rivalry

11. Company Profiles

11.1       The Dow Company
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Exxon Mobil Corporation
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Magna International Inc
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

Continue…

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Biocomposite Market 2017 –Challenges, Key Vendors, Drivers and Trends by Forecast 2023

Market Overview:
Biocomposites are the natural fiber composites made of local and renewable resources. This offers a significant sustainability, industrial ecology, and eco-efficiency. The advancements in green chemistry is guiding the development of such next generation materials and products. In recent times, considerable growth has been seen in the use of Biocomposites in innumerable sectors. It includes, the domestic sector, building materials, aerospace industry, circuit boards, and automotive applications. However, there are a number of industries where the product is trying to find application. Nevertheless, technological advancements in the field of manufacturing composites has the potential to produce Biocomposites which can enter new markets and stimulate an increase in demand. The global automotive industry is steadily heading north with an increasing demand of vehicle from huge middle class strata of society around the world. In addition to this, the global composite market is estimated to grow at CAGR of ~8.5% on account of increasing demand from major end use industry. Collectively, these trends are anticipated to fuel demand of the Bicomposites in the market.

Competitive Analysis:
Key players in the Global Biocomposite Market are MCG BioComposites, LLC (U.S.), Anhui Guofeng Wood Plastic Composite Co., Ltd. (China), A.B.COMPOSITES PVT.LTD. (India), Green Dot Holding LLC (U.S.),  Yixing Hualong New Material Lumber Co., Ltd. (China), Advanced Environmental Recycling Technologies, Inc.(U.S.), Bcomp Ltd.(Switzerland),  Nanjing Xuha Sundi New Building Materials Co.,Ltd. (China), TTS.(Canada), and Lingrove, LLC (U.S.), among others.

Market Segmentation:
Global Biocomposite Market is segmented on the basis of fiber type, process, end use industries, and region. On the basis of fiber type, the market is divide into hemp, kenaf, flax, jute, and others. Among them, hemp fiber based Bicomposites are majorly used in the market owing to its growing application as a reinforcement in composites. Hemp can be easily blended with number of blending materials range from thermoplastics such as polypropylene and polyethylene to thermoset fiber such as polyester, which form a matrix phase in Biocomposites. The most common application of this blended hemp, which is compression molded includes, automotive substrates, furniture and other consumer products. The flax fiber is an important natural fiber used in formation of Biocomposites. This type of materials work well for applications, seeking a lighter weight alternative to other materials. Major applications of flax based Biocomposites can be found in automotive interior components and sports equipment. The jute based natural composite products are witnessing surge in demand due to its lower cost and wood like appearance. Jute based Bicomposites are majorly used in automotive as door panels, dash boards, and trunk liners.

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Based on process, the Global Biocomposite Market is segmented into compression molding, injection molding, and others. Among these, the compression molding segment is growing at highest CAGR. This is attributed to the lowest cost of production offered by this process, compared with other methods such as transfer molding and injection molding. Moreover it wastes comparatively little material, adding to it’s an advantage when working with expensive compounds. Injection molding a manufacturing process for producing parts by injecting a material into a mold. The process is used to create many things such as packaging, automotive parts and components, some musical instruments (one-piece chairs and small tables, mechanical parts, and most other plastic products available today. Injection molding is the most common modern method of manufacturing plastics and other composite materials. In addition to this, this process is ideal for producing high volumes of the same object.
On the basis of end use industries, the market is divided into building & construction, automotive, consumer goods, and others. Building & construction industry is projected to consume a major share of the overall demand of Biocomposite. More than a quarter share of total demand of Biocomposite is accounted by building & construction industry. The developing countries in Asia Pacific, Africa, and Latin America are rapidly undertaking the infrastructural projects, which is posing as a major demand driver in the global biocomposite market. Moreover, the initiative of reconstruction activities that are undertaken by developed countries is to further improve the existing physical infrastructures on the lines of sustainable development, would add into the growing demand of Biocomposite. Furthermore, the huge automobile industry spread all over the world is steadily driving the demand of Biocomposite forward.  The durability, flexibility, and recyclability of Biocomposite has made it the most preferred material in making consumer goods such as cupboards, decks, chairs, and table, among others. Moreover, growing sentiments in favor of environmental concerns due to persistent polluting materials such as plastic, may help push growth in demand of Bicomposites in a number of end use industries.

Regional Analysis:
Geographically the Global Biocomposite is divided into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. The major regions in the market are Asia Pacific, North America and Europe. Among them, Asia Pacific is holding the major share of the market in terms of market size. It accounts for more than 50% share of the Global Biocomposite Market. China and India are the leaders in the regional market. Increasing construction activities in these countries is projected to fuel the demand of Biocomposite in this region. North America is a significant region in the Global Biocomposite Market following Asia Pacific. Reconstruction projects undertaken by countries namely the U.S. and Canada would boost the growth of the regional Biocomposite Market. Apart from that, demand of light weight material made out of Biocomposite is fueled by aircraft industry in the U.S.

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Europe is another substantial region in the Global Biocomposite Market. Growing demand of Biocomposite in automobile industry is propelling the growth of regional Biocomposite Market. The countries namely Germany, U.K. Italy, and France are the major contributors due to the established automobile industry. Other regions in the Global Biocomposite Market are Middle East & Africa and Latin America, wherein Latin America is comparatively growing at higher CAGR. The emergence of major end use industry and availability of raw material is estimated to push the growth of the market in this region. The Middle East & Africa is expected to join the hand with the leading regions in coming years.

Key Points from Table of Contents:

12.    Company Profiles   

12.1       MCG BioComposites, LLC
12.1.1    Company Overview
12.1.2    Product/Business Segment Overview
12.1.3    Financial Updates
12.1.4    Key Developments

12.2       Anhui Guofeng Wood Plastic Composite Co., Ltd.
12.2.1    Company Overview
12.2.2    Product/Business Segment Overview
12.2.3    Financial Updates
12.2.4    Key Developments

12.3       A.B.COMPOSITES PVT.LTD.
12.3.1    Company Overview
12.3.2    Product/Business Segment Overview
12.3.3    Financial Updates
12.3.4    Key Developments

12.4      Green Dot Holding LLC
12.4.1    Company Overview
12.4.2    Product/Business Segment Overview
12.4.3    Financial Updates
12.4.4    Key Developments

12.5       Yixing Hualong New Material Lumber Co., Ltd.
12.5.1    Company Overview
12.5.2    Product/Business Segment Overview
12.5.3    Financial Updates
12.5.4    Key Developments

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Automotive Film Market 2017: Key Players, Development and Opportunities by Forecast to 2023

Automotive Film is a thin laminate film that can be installed to the exterior and interior parts in an automobile. They provide variety of colors and styles along with high durability, privacy, and protection from harmful sun rays. They are widely used in passenger as well as commercial vehicles on account of rising awareness of fuel and energy saving. Moreover, these films protect interior and exterior of the vehicle from fading and degrading and prevent the glass from shattering during minor accidents.

Some of the prominent factors that positively influence the growth of Automotive Films Market are low setup cost, high durability, easy customization, and availability of color options. Moreover, automotive films are long lasting, easy to repair, and provide safety to the original paint. With the aforementioned reasons, automotive film market is expected to propel the growth of the market over the assessment period, 2017 to 2023. Furthermore, increasing Automotive production & sales and shifting manufacturers focus towards energy saving and cost effective vehicles are predicted to fuel the growth of the market over the forecast period, 2017 to 2023. However, strong regulations regarding the color of window film in many countries are expected to hinder market growth.

Competitive Analysis:
The major players operating in the Automotive Film Market are Avery Dennison Corporation. (U.S.), HEXIS S.A. (France), 3M (U.S.), Eastman Chemical Company (U.S.), Arlon Graphics, LLC. (U.S.), MATERIAL SCIENCES CORPORATION (U.S.), DuPont (U.S.), Garware Suncontrol (India), NEXFIL (U.S.), Johnson Window Films, Inc. (U.S.), Saint-Gobain Performance Plastics (France), Madico, Inc. (U.S.), Kay Premium Marking Films LTD (UK), and others.

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Market Segmentation:
The Global Automotive Film Market is categorized on the basis of type, application, vehicle type, and region. On the basis of type, the market is classified into wrap films, window films, and paint protection films. Window film can be subdivided into ceramic, hybrid, metallized, and dyed films. Based on film types, the window film segment is expected to be the largest segment of the Automotive Film Market over the assessment period. These films help in blocking the UV rays, which help in lowering the inside temperature of the vehicle and reduce the fuel consumption. Moreover, they improve the fuel efficiency by decreasing the load on the engine. Additionally, they provide better safety by preventing the glass from shattering during the accidents.
Paint protection films are predicted to grow with a moderate CAGR on account of increasing prominence about their unique properties. They offer exceptional resistance to stain and scratch, high clarity, superior durability. They are widely utilized on the exterior part of vehicle such as rocker panels, hoods, bumpers, back mirrors, trunks, roofs, and door. Wrap films are commonly used for advertising purpose as they are relatively cheaper than other mode of promotion. Wrap films segment is predicted to grow with a healthy CAGR on account of increasing demand for personalized cars along with the change in consumer lifestyle. Moreover, heavy duty vehicles such as buses and large vans, used for campaigning and tourism activities also use wrap films for advertisement. On the basis of application, the market is segmented into exterior and interior. On the basis of vehicle type, the market is segmented into passenger cars and commercial vehicles. The passenger cars segment is estimated to witness the significant growth due to rising population coupled with increasing demand for privacy and personalization.

Regional Analysis:
North America is estimated to be the largest Automotive Film Market followed by Europe and Asia Pacific on account of strong existence of many big market players. Germany is predicted to register a strong growth due to tremendous demand of paint protection film in automobile sector. In Asia Pacific, countries such as China, Japan, and South Korea are the fastest growing market for automotive film, and is estimated to grow with the same pace over the assessment period. Rising living standards along with the flourishing growth of automotive sector is predicted to contribute in the regional market growth. In North America, U.S and Mexico are among the major contributors in the regional market growth due to expansion of automotive sector. The Middle Eastern and African countries such as Qatar, Saudi Arabia, and the United Arab Emirates (UAE) are predicted to witness steady growth on account of rising foreign investments and shifting of manufacturing base to these region.

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Key Points from Table of Contents:

12. Company Profiles

12.1       Avery Dennison Corporation.
12.1.1    Company Overview
12.1.2    Type/Business Segment Overview
12.1.3    Financial Updates
12.1.4    Key Developments

12.2       HEXIS S.A.
12.2.1    Company Overview
12.2.2    Type/Business Segment Overview
12.2.3    Financial Updates
12.2.4    Key Developments

12.3      3M
12.3.1    Company Overview
12.3.2    Type/Business Segment Overview
12.3.3    Financial Updates
12.3.4    Key Developments

12.4      Eastman Chemical Company
12.4.1    Company Overview
12.4.2    Type/Business Segment Overview
12.4.3    Financial Updates
12.4.4    Key Developments

12.5      Arlon Graphics, LLC.
12.5.1    Company Overview
12.5.2    Type/Business Segment Overview
12.5.3    Financial Updates
12.5.4    Key Developments

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Musk Aroma Chemicals Market 2017: Segments, Landscape and Demand by Forecast 2023

Musk Aroma Chemicals are a class of aromatic compounds most commonly used as a base product in fragrant substances. They are naturally found in animals such as musk deer and in numerous plants such as ambrette seeds and angelica root. Moreover, they are used as flavoring agents and fixatives in numerous application such as cosmetics & personal care, soap & detergent, food, household products, and others.

Some of the prominent factors that positively influence the growth of Musk Aroma Chemicals Market are expansion of cosmetics & personal care, continuous growth of soap & detergent sector, and increasing urbanization. Furthermore, improved economic conditions, increasing disposable income, growing preference for healthier lifestyles are some other factors resulting in the growth of Musk Aroma Chemicals Market over the forecast period, (2017 to 2023). Increasing population coupled with rising demand for household products such as candles, toiletries, and cleaning products is expected to fuel the growth of the market over the assessment period. However, the high cost involved in research & development along with the stringent regulatory standards are predicted to hamper the growth of the market during the review period. Moreover, stringent laws associated with the killing of animals as well as awareness campaign driven by PETA for the welfare of animals is predicted to restrain the growth of the Natural Musk Aroma Chemicals Market.

Key Players:
The major players operating in the Global Musk Aroma Chemicals Market arePFW Aroma Ingredients (the Netherlands), Sigma-Aldrich Co. LLC. (U.S.), The Good Scents Company (U.S.), Bell Flavors & Fragrances (U.S.), International Flavors & Fragrances (U.S.), Givaudan (Switzerland), Firmenich (Switzerland), Takasago (Japan), Guangzhou Flower Flavours & Fragrances Co., Ltd. (China), A.M. Aromatics Private Limited. (India), and others.

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Market Segmentation:
The Global Musk Aroma Chemical Market is categorized into source, application, and regions. Based on source, the market is bifurcated into natural and synthetic. Naturally Musk Aroma Chemicals are derived from plants and animals. Muscone and civetone are the types of natural musk, whereas synthetic musk are known as white musks and are extensively used across the globe. Synthetic musk can be further classified as nitro musk, cylic ethers, polycyclic, alicyclic, and aliphatic. Among the source, synthetic segment accounted for the largest market share in terms of volume and value in 2016 and will continue its dominance over the assessment period, 2017 to 2023. The demand for the natural segment is expected to hamper due to stringent regulations on animal killing as well as strict quality standards. Based on application, the market is segmented into soap & detergent, cosmetics & personal care, food, household products, and others. Others segment comprises of pharmaceutical, candles, and toiletries. Among these, cosmetic & personal care accounted for around 35% of the overall market share and is expected to retain its dominance due to wide utilization of beauty care products across the globe. Moreover, expansion of soap & detergent industry due to wide utilization of detergent in household as well as public laundry is predicted to propel the growth of the market.

Regional Analysis:
Regionally, Musk Aroma Chemicals Market is segmented into five regions namely North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among all the regions, Europe dominates the market and accounted for around 33 % of the overall market share in 2016, and is predicted to grow significantly over the assessment period. In North America, U.S accounted for the largest regional market share in 2016 due to rising usage of skin care products along with attractive marketing strategies. In Asia Pacific, market growth is observed due to robust growth in cosmetics & personal care industry as well as increasing purchasing power of people. Moreover, the market for Musk Aroma Chemicals in Middle Eastern & African and Latin American countries are predicted to grow due to expansion of food sector as well as increasing usage of cosmetics & beauty care products.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1      PFW Aroma Ingredients
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2      Sigma-Aldrich Co. LLC.
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3      The Good Scents Company
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4      Bell Flavors & Fragrances
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5      International Flavors & Fragrances
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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Plastic Compounding Market 2017 – Challenges, Key Vendors, Drivers and Trends by Forecast 2023

The melt blending of polymers with other additives is known as plastic compounding process. This process is mainly implemented to improve the aesthetic appearance, physical and chemical features of the product. The different products which are produced from this process are, polyethylene, polyvinyl chloride, polystyrene, polyamide, polycarbonate, polyethylene terephthalate (PET), polybutylene terephthalate (PEB), thermoplastic olefins (TO) and thermoplastic vulcanizates (TV). These products are known for their efficiency, versatile nature and reliable durability. Owing to these features, they are used in various applications such as automotive, electrical & electronics, packaging, medical devices, industrial machinery, and others.

The Global Plastic Compounding Market has been driven by the growing consumption of polypropylene and polyethylene in end-use industries. It is predicted that the Compounding Market is set to witness a higher growth due to an increase in the number of manufacturing units to produce plastic based products.

Competitive Analysis:
Some of the prominent players functioning in the Global Plastic Compounding Market are The Dow Chemical Company (U.S.A.), Lyondell Basel (the Netherlands), Exxon Mobil Corporation (U.S.A.), SABIC (Saudi Arabia), INEOS (Switzerland), BASF SE (Germany), Eni S.p.A (Italy), Chevron Phillips Chemical Company (U.S.A.), LANXESS (Germany), among others.

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Market Segmentation:
The Global Plastic Compounding Market is differentiated into type and application.  By type, the market is further segmented into polyethylene, polyvinyl chloride, polystyrene, polyamide, polycarbonate, polyethylene terephthalate (PET), polybutylene terephthalate (PEB), thermoplastic olefins (TO) and thermoplastic vulcanizates (TV). The polypropylene and polyethylene segments includes application in automotive, electrical & electronics, industrial machinery, consumer goods, and others. Among these, polypropylene segment holds the major share in the market due to various features offered by the product such as excellent UV resistance, thermal resistance, reliable and durable nature. They are used in various applications such as laboratory equipment, loudspeakers, automotive components and polymer banknotes. It is predicted that the polyethylene segment is set to witness a higher growth in the market owing to its growing consumption in plastic bottles, containers, packaging, and others.

Segmental Analysis:
Based on geography, the Global Plastic Compounding Market is segregated into five crucial regions such as Asia Pacific, Europe, North America, Latin America and the Middle East & Africa. Among these, Asia Pacific holds the majority of the market and is predicted to lead globally due to rising demand from the heavy end industries such as automotive, electrical & electronics, and packaging sectors. Europe is also predicted to witness a massive growth in the Plastic Compounding Market due to the growing use of polyethylene in containers, plastic bottles, packaging, and others. The North American and Latin American regions has recognized a significant development in the market owing to the growing demand of plastics in end-use industries. Moreover, the Middle East & Africa is predicted to witness a rapid growth in the market due to growing production of plastics and its penetration in heavy end industries.

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Key Points from Table of Contents:

1    Executive Summary

2    Scope of the Report

2.1    Market Definition

2.2    Scope of the Study
2.2.1    Research Objectives
2.2.2    Assumptions & Limitations

2.3    Markets Structure

3    Market Research Methodology
3.1    Research Process
3.2    Secondary Research
3.3    Primary Research
3.4    Forecast Model

4    Market Landscape
4.1       Five Forces Analysis
4.1.1    Threat of New Entrants
4.1.2    Bargaining Power of Buyers
4.1.3    Threat of Substitutes
4.1.4    Segment Rivalry

12 Company Profiles

12.1       The Dow Chemical
12.1.1    Company Overview
12.1.2    Product/Business Segment Overview
12.1.3    Financial Updates
12.1.4    Key Developments

12.2       Lyondell Basel
12.2.1    Company Overview
12.2.2    Product/Business Segment Overview
12.2.3    Financial Updates
12.2.4    Key Developments

12.3       Exxon Mobil Corporation
12.3.1    Company Overview
12.3.2    Product/Business Segment Overview
12.3.3    Financial Updates
12.3.4    Key Developments

Continue…

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Purging Compound Market 2017: Key Players, Development and Opportunities by Forecast to 2023

The plastic resin compound which is designed to clean the thermoplastic extruders and machines is called Purging Compound. It is used for removing color and contaminants from machines and the thermoplastic extruder. The mechanical purge, chemical purge and liquid purge are the types of purging compound and they are known for reduced scraps, less processing time, efficiency, and durability nature. Owing to these features, they are used in various applications such as automotive, construction, industrial machinery, and others.

The Global Purging Compound Market has been driven by the growing consumption of mechanical and chemical purge in heavy end industries. It is predicted that the market is set to witness a higher growth due to an increase in the number of manufacturing units to produce mechanical and chemical purges in automotive, chemical and construction industries.

Competitive Analysis:
Some of the major players functioning in the Global Purging Compound Market are 3M Company (U.S.A.), The Dow Chemical Company (U.S.A.), Kuraray Co., Ltd. (Japan), RapidPurge (U.S.A.), CALSAK Corporation (U.S.A.), VELOX GmbH (Germany), Daicel Corporation (Japan), Chem-Trend (China), BASF SE( Germany),among others.

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Market Segmentation:
The Global Purging Compound Market is differentiated into type, process and application.  By type, the market is further segmented into mechanical purge, chemical purge and liquid purge. The mechanical purge and liquid surge segments are involved in applications such as automotive, polymer, industrial machinery, construction, and others. Among these, mechanical surge segment holds the major share in the market due to various features offered by the product such as fast processing and reduced downtime and fewer raw materials. It is also predicted that chemical surge segment is set to expand at a higher rate due to its growing demand in low pressure applications such as pressure transmitters, pressure gauges, pressure transducer and nano composite membranes. On the basis of process, the market is further subdivided into extrusion, injection and blow moldings. Among these, extrusion molding segment is set to expand at a higher rate due to its endless use in heavy industries. Applications segmented are further segregated into automotive, construction, polymer, industrial machinery, and others. Automotive segment is the major contributor to this market and estimated to witness a higher growth in the market due to growing use of Purging Compounds in the industry.

Segmental Analysis:
The Global Purging Compound Market is spanned across five key regions of the world namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, North America holds a major share in the market and is anticipated to continue its dominance due to rising demand of purging compounds in end use industries. Asia Pacific is predicted to witness a higher CAGR owing to growing popularity of extrusion and injection molding processes in automotive, construction and industrial machinery. Europe has observed a rapid growth in the market owing to the growing use of injection molding process in the major industries. Moreover, Latin America and the Middle East & Africa have noticed a significant development in the region owing to growing demand of chemical purge segment in heavy end industries.

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Key Points from Table of Contents:

1    Executive Summary

2    Scope of the Report
2.1    Market Definition
2.2    Scope of the Study
2.2.1    Research Objectives
2.2.2    Assumptions & Limitations
2.3    Markets Structure

3    Market Research Methodology
3.1    Research Process
3.2    Secondary Research
3.3    Primary Research
3.4    Forecast Model

4    Market Landscape
4.1    Five Forces Analysis
4.1.1    Threat of New Entrants
4.1.2    Bargaining Power of Buyers
4.1.3    Threat of Substitutes
4.1.4    Segment Rivalry

4.2    Value Chain/Supply Chain of Global Purging Compound Market

12. Company Profiles

12.1        The 3M Company
12.1.1    Company Overview
12.1.2    Product/Business Segment Overview
12.1.3    Financial Updates
12.1.4    Key Developments

12.2        The Dow Chemical Company
12.2.1    Company Overview
12.2.2    Product/Business Segment Overview
12.2.3    Financial Updates
12.2.4    Key Developments

12.3       Kuraray Co., Ltd.
12.3.1    Company Overview
12.3.2    Product/Business Segment Overview
12.3.3    Financial Updates
12.3.4    Key Developments

Continue…

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Modified Alkyd Resin Market 2017: Analysis, Segments, Key Players, Drivers, Trends, and Forecast 2023

Modified Alkyd Resin are alkyd containing resin with exceptional high performance material characteristics. Alkyd Resin are a kind of thermoset polyesters produced through polycondensation reaction between an alcohol and an acid (or an anhydride). They exhibit superior properties such as excellent resistance to water, high weather durability, heat resistance, very high gloss, and resistance to stain which make them suitable for various application such as wood, general industry, architectural, automotive & transportation, and others.

Some of the prominent factors that positively influence the growth of Modified Alkyd Resin Market are rapid urbanization, continuous growth of packaging sector, and increasing industrialization. Rising middle class population coupled with growing demand for packaging products are expected to propel the demand for packaging material such as cans and containers, which in turn, fuel the growth of market. Moreover, increasing sales of high end vehicles and various electronics products are predicted to fuel the growth of the market over the assessment period, 2017 to 2023.

Key Players:
The major players operating in the Global Modified Alkyd Resin Market are BASF SE (Germany), The Dow Chemical Company (U.S.), Polynt (Italy), Wacker Chemie AG (Germany), PPG INDUSTRIES, INC (U.S.), Mitsui Chemicals Inc. (Japan), Royal Tencate N.V. (the Netherlands), Solvay S.A. (Belgium), Deltech Corporation (U.S.), Synpol Products Private Ltd. (India), Arakawa Chemical Industries,Ltd (India), Henkel AG & Co., KGaA (Germany), Eternal Materials Co.,Ltd. (China), and others.

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Market Segmentation:
The Global Modified Alkyd Resin Market is segmented into types, application, and regions. On the basis of type, the market is classified into acrylic, silicone, polyurethane, vinyl, and others. Silicone Modified Alkyd Resin offer superior heat resistance and extreme weather durability, they are widely used as a binder for various kind of substrates such as metal and cement. Additionally, they are widely utilized as a coating for chimneys and exterior masonry work owing to their high heat resistance. Polyurethane modified alkyd resin are expected to grow with the healthy CAGR on account of wide utilization in wood, automotive & transportation sector. On the basis of application, the market is categorized into automotive & transportation, wood, architectural, general industry, and others. Among these segment, architectural application hold the largest market share followed by automotive & transportation due to increasing building & construction activities across the globe. Automotive & transportation sector is predicted to exhibit highest CAGR on account of growing automotive production and sales. Furthermore, growing general industries such as chemical, steel, and fertilizer along with the increasing application on architectural, equipment, and tools is expected to raise the consumption of Modified Alkyd Resin in upcoming years.

Regional Analysis:
Regionally, Modified Alkyd Resin Market is segmented into five regions namely– North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among all the regions, Asia Pacific dominates the market and accounted for around 34% of the overall market share in 2016, and is estimated to grow significantly during the assessment period. Asia Pacific market is trailed by North America, which is followed by Europe. In Asia Pacific, countries such as India and China are estimated to be the dominant region on account of increased sales of high-end vehicles, and electrical & electronics appliances, and further predicted to drive the growth of market over the forecast period. Furthermore, the market for Modified Alkyd Resin in the Middle Eastern and Latin American countries are estimated to grow due to rising demand for automotive and woodworking sector. European and North American countries are expected to see moderate growth due to growing packaging sector, increasing demand from heavy and light duty vehicles, and rising exploration activities.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       BASF SE
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       The Dow Chemical Company
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Polynt
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4      Wacker Chemie AG
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       PPG INDUSTRIES, INC
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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