Specialty Silica Market 2018: Analysis, Segments, Key Players and Forecast 2022

Market Research Future published a Half Cooked Research Report on “Global Specialty Silica Market Research Report - Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Evonik Industries, Akzo Nobel N.V., Cabot Corporation, Wacker Chemie AG, PPG Industries, Inc., Huber Engineered Materials, Solvay S.A., W. R. Grace & Co., Nalco Holding Company, Madhu Silica Private Limited among others are some of the prominent players at the forefront of competition in the Global Specialty Silica Market and are profiled in MRFR Analysis.

Specialty Silica Market – Overview

Specialty Silica are predominantly utilized in various application such as paints & coatings, food & beverage, electronic components, agriculture, rubber, personal care & cosmetics, and others.  Specialty Silica Market is predicted to witness moderate growth on account of continuous growth of automotive sector and paints & coatings industry. Among product type segment, precipitated silica is expected to register strong growth in the near future due to their usage in cosmetics, oral care, rubber, food & beverage, and automotive tires. Furthermore, increasing construction activities along with rising consumption of paints & coatings is estimated to increase the demand for Specialty Silica.

Geographically, Asia Pacific emerged as the largest market for specialty silica in 2016 and is expected to retain its dominance over the assessment years on account of rising demand from automotive, construction, and food & beverage sector specifically in China, India, Japan, Vietnam, Thailand, Taiwan, and South Korea. Furthermore, economic growth in this region along with rapid industrialization has enabled greater production and sales of passenger as well as commercial vehicles. Furthermore, increased investment by major operating players in their R&D activities and shifting of Specialty Silica production facilities as well as significantly growing end use industries in this region is expected to drive the specialty silica regional market growth. North American market is predicted to witness steady growth on account of increasing demand from pharmaceutical sector. In North America, U.S. and Canada are among the major contributor in the regional market growth due to strong growth of food & beverage and cosmetic industry. Europe is estimated to witness steady growth due to increasing automotive production and sales in various countries such as Germany, Italy, and UK. The Middle Eastern & African market is estimated to register above average growth due to rising demand for personal care and cosmetic products specifically in Qatar, Turkey, the United Arab Emirates, Oman, and Saudi Arabia. Latin American countries such as Brazil, Argentina, and Mexico is predicted to register moderate growth on account of rising disposable income along with strong consumer base for automotive industry.

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Industry/ Innovation/ Related News:

 December 2017- AkzoNobel announced to expand its modified colloidal silica production capacity at its Bohus facility close to Gothenburg. This plant expansion is expected to complete by late 2018 and will cost around USD 5 Million. This expansion will help company to meet the increasing demand for colloidal silica and will strengthen company’s leadership position in the market.

August 2017- Evonik Industries AG announced to expand its fumed silica manufacturing capacity at its Antwerp, Belgium based plant. The plant is predicted to become operational in the mid of 2019. With this capacity expansion, the company supported the market growth for fumed silica across Europe and other prominent export markets, and at the same time the company will boost its integrated European silica-silane production.

December 2016- Evonik Industries AG acquired the silica business of J.M.Huber, a U.S. based company for USD 630 Million. With this acquisition, the company will strengthen its growth segment resource efficiency. This acquisition will help company to expand its position in Asia and North America in this profitable and resilient business.

October 2016- PPG Industries announced to expand its precipitated silica manufacturing capacity at its Delfzijl, the Netherlands based plant. This expansion will add capacity of more than 15,000 tons per annum of advanced precipitated silica products. With this strategic move, the company will able to meet the growing demand for AGILON performance silica products, which includes fulfilling multiyear global supply agreements with key manufacturers.

October 2015- Evonik Industries AG expand its specialty silica production unit in Ako, Japan. Company will manufacture its SIPERNAT® and CARPLEX® lines of Specialty Silica at this manufacturing facility. The construction of this plant is expected to be finished by the end of 2017. This expansion will help company to offer exceptionally high quality silica that is utilized by numerous end use industries such as Food, Cosmetics, and Pharmaceutical.

Competitive Landscape

The Specialty Silica Market Report Analyses the degree of competition among the major players as well as industry growth and market scenario. The Global Specialty Silica Market includes various players operating in the market which comprised of large scale and medium size producers. The important market players operating in the Global Specialty Silica Industry is focusing towards growth association specifically by Asia Pacific as medium scale and small scale producers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, and Japan. In addition, the key operating players are focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are expanding their production capacity of specialty silica to meet the increasing demand for specialty silica.

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Caustic Soda Market 2018: Competitors Strategy, Regional Analysis and Growth by Forecast to 2027

Market Research Future Published a Cooked Research “Global Caustic Soda   Market Research Report - Forecast to 2027” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2027.

Solvay SA, Formosa Plastics Corporation, The DOW Chemical Company, Olin Corporation, Occidental Petroleum Corporation, Xinjiang Zhongtai Chemical Co. Ltd, Tata Chemicals Limited, AkzoNobel N.V., and among others are some of the prominent players at the forefront of competition in the Global Caustic Soda Market and are profiled in MRFR Analysis.

Caustic Soda Market – Market Overview

Caustic Soda is the co-product of chlorine production. The laws of chemistry define that for every tone of chlorine production, about 1100 kg of caustic soda is also produced, along with 28 kg of hydrogen. The Caustic Soda is a major building block in many industrial processes. However, because of its chemical and physical properties, it needs to be handled with proper care and professionalism.

Caustic Soda consumption has shown dramatic change over the past four years, although it has represented massive numbers in the terms of global consumption.  High growth in alumina industry has set prolific consumption of Caustic Soda and is considered as key growth deriver in this market. Increasing use of aluminium in transport sector supported by increased vehicle sales and higher aluminium intensity in the production of trains and new vehicles is consistently developing demand. Moreover, growing demand from end use industries such as pulp & paper, food processing, textile, alumina and others expected to drive global growth. On the flip side, energy intensive application of Caustic Soda held back the growth of this market. The factor expected to further challenge the global demand due to energy intensive nature.

Caustic Soda Market- Competitive Landscape

Global Caustic Soda Market consists couple of major chemicals industry participants including Solvay SA, Formosa Plastics Corporation, The DOW Chemical Company, Olin Corporation, Tata Chemicals Limited, and AkzoNobel N.V.  Over the last decade the market has gained momentum with consistent growing consumption and now it is heading towards growth stabilization. In order to sustain the global growth, key players have been seen adopting capacity expansion strategies, thereby, adopting strategic alliance among each other.  In addition to this, growth provided by this market has led to bigger acquisition by key industry players to sustain the ongoing demand. Braskem-Solvay Indupa acquisition has considered as key development in 2017, which is expected to create further growth opportunities in the coming years. Major strategies observed amongst key industry players are capacity expansion, acquisition, agreement, and merger. However, it altogether considered as strategic moves and as per the industry experts they are likely to increase in the coming years to retain the on global demand.

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Industry/ Innovation/ Related News:

April 10, 2017- Andhra Sugars opted ThyssenKrupp for caustic soda expansion plant based at Gopalapuram (Andhra Pradesh). Contract has been shared between Andhra Sugars and ThyssenKrupp, wherein, expansion plant has proposed for the production 436 tonnes per day membrane cell caustic soda along with existing production capacity. This collective efforts towards caustic soda expansion expected to cater increased demand and as well as create new .growth opportunities over the assessment period.

December 19, 2017- AkzoNobel Expands high purity salt production in Netherlands. AkzoNobel’s Specialty Chemicals business is studying plans to expand production of high-purity vacuum salt at its Delfzijl site in the Netherlands. This expansion has been planned to cater ongoing caustic soda demand across the Europe, more specifically in Germany.

November 11, 2016- Gujarat Alkalies to open new caustic soda production plant along with 130 MW coal-based power unit in Gujarat. Prior to this activity, joint venture between Gujarat Alkalies and BSE filing has been deliberately formed in December 2015 to initiate the new caustic soda production facility. The new production plan will be capable of producing 266 kilo tons caustic soda and likely to offer new growth driving factors in the coming years.

August 31, 2016- Westlake Chemical Completes Acquisition of Axiall Corporation in change of 3.8 billion. Axial Corporation, which is a foremost chore-alkali producer in North America, and this acquisition. Westlake has been eyeing for market leadership, specifically, North America region. Hence the acquisition activity will be strategic move to attain dominant place North American market.

March 24, 2016- Axiall Old signs liquid caustic soda distribution agreement with World Industries. US-based Chemical Company Axiall has entered into a distribution agreement with automotive and heavy-duty coolants provider Old World Industries, to market liquid caustic soda. With the deal, Old World Industries expects to re-enter in the field of marketing liquid caustic soda, which is used in the production of pulp and paper, alumina, de-inking of waste paper, water treatment, and several chemicals. This agreement is considered as major move towards tapping regional markets.

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Silicone Elastomers Market 2018: Top Key Players, Growth and Analysis by Forecast 2022

Market Research Future Published a Half-Cooked Research “Global Silicone Elastomers Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022.

Wacker Chemie AG (Germany), DOW Corning Corporation (U.S.), KCC Corporation (South Korea), Momentive Performance Materials Inc. (U.S.), Specialty Silicone Products Inc. (U.S.), Reiss Manufacturing Inc.  (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), Mesgo S.p.A. (Italy), ICM Products Inc. (U.S.) and Elkem Silicones (Europe) among others are some of the prominent players at the forefront of competition in the Global Silicone Elastomers Market and are profiled in MRFR Analysis.

Silicone Elastomers Market – Market OverviewSilicone Elastomer referred to as synthetic rubber that is available in various forms such as solids, closed cell sponge, electrically conductive, open cell forms and thermally conductive materials. These elastomers possess superior properties such as electrical and thermal resistance, low surface friction, flame retardancy and self-adhesive nature which increases the demand of product across various application such as automotive, construction, medical & healthcare and electrical & electronics among others. Growing demand of product in structural glazing and sealants are anticipated to drive the silicone elastomer in construction industry. Moreover, rising demand of Silicone Elastomers in aviation sector owing to low thermal conductivity is projected to drive the market growth.

Silicone Elastomers are considered ideal elastomer which contains both mechanical and chemical properties. These properties enable its usage in commercial as well as industrial applications such as hoses, spark plug boots, vibration dampers, ignition cables and structural glazing among others. Moreover, these polymers are also used in door seals, shoe inserts, kitchen utensils, dental and surgical devices and sterilization mats.

The various Silicone Elastomer product types available in the market are high temperature vulcanize (HTV), room temperature vulcanize (RTV) and liquid silicone rubber (LSR) among others. Liquid silicone rubber finds extensive application in electronic and electrical equipment industry owing to its superior properties such as low viscosity, chemical stability and electrical resistance. Growing demand of room temperature vulcanize (RTV) in applications such as sealing, lens, molds in electrical and electronics, health care and medical equipment’s are anticipated to drive overall market growth. Based on application, automobile industry is leading the end use industry segment due to rising investment in lightweight component parts to meet government regulations and increasing automotive cluster in emerging economies. In addition, increasing demand of safe and sterile surgical elastomers are also anticipated to open new opportunities in healthcare sector. Asia Pacific region witnessed high growth in terms of favourable government policies, rapid industrialization and technology advancement. Flourishing automotive industry in Japan and China is also expected to augment the market share. Further, China policy to have single child are expected to have less youth population compared to aged population. Thus, rising aging population will drive focus towards cosmetic surgery owing to stay presentable which aids to growth of Silicone Elastomer in regional market. Growing healthcare industry in U.S. and Canada is also likely to propel the market growth. Consequently, Chinese manufactures are dominating with price discrimination which leads to low demand of silicone elastomer in developed region. Hence, this can hamper the Global Silicone Elastomer Market growth.

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Silicone Elastomers Market – Competitive AnalysisSilicone Elastomers Market fragmented with presence of tier 1 and tier 2 as well as strong regional players in the market. The key players are highly focusing on quality and high-performance products by investing on research and development which is further expected to provide lucrative opportunity for market participants. The various other strategies adopted by major players are expansion, acquisition and agreement. The industry is high following backward integration strategy such as raw material used for producing silicone uses silicone for manufacturing elastomers. Thus, achieving cost effective business through minimising the raw material procurement problems. For instance, Wacker Chemie AG, Dow Corning Corporation, Momentive Performance Materials Inc. and Shin-Etsu Chemical Co., Ltd. among others are major participants in backward integration. Moreover, companies are implementing high tech technologies to meet customer requirements. The players are entering into long term agreement with distributors to maintain profit across value chain.

Industry/ Innovation/ Related News:November 2017 – WACKER expands its production and research & development facility in China. The company is planning to expand capacities for silicone and polymer products and further strengthen its position in regional market. Consequently, company is expanding solid silicone rubber manufacturing facility and production capacity of vinyl acetate-ethylene (VAE) copolymer dispersion at Nanjing plant site along with new R&D facility for pyrogenic silica, silicone fluids and resins and room-temperature-curing silicone elastomers. Through this expansion company would be able to meet additional volumes of product.

April 2017 –WACKER and STC, a Brazilian silicone compounder has entered into agreement for co-branding ready to use silicone compounds. Now, STC can promote silicone compounds made from raw materials produced by WACKER under seal ‘ELASTOSIL’. STC Company would now be able to supply high quality and tailored made silicone compounds in Brazil market.

March 2017 – Momentive Performance Materials Inc. launched silicone based gel named as Velvesil E-Gel PMF for aqueous based skin care and cosmetic solutions. This is an innovative silicone based cross polymer emulsion for the cosmetic industry. The Velvesil E-Gel is long lasting, moisturizing application mask, all in one product. Velvesil E-Gel PMF emulsion can be incorporated in products such as toners, serums, sunscreens and foundations as this can enhance performance with just single additive. Moreover, this product in cosmetic industry has reduce complexity and cost associated with producing skin and hair care products.

September 2017 –Dow medical solutions, a business unit of the DowDuPont Specialty product division launched two products to meet growing demand of medical device manufacturer. The two-product launch includes Dow Corning QP1-33X0 Liquid Silicone Rubber and QP1-5040 Self-Adhesive Liquid Silicone Rubber. Both these products, enables faster cure at lower temperature. The QP1-33X0 can be used for products such as wearable monitoring, respiratory care and external communicating. The QP1-5040 enables to combine hard and soft components and is suitable for liquid injection molding. These two products provide opportunities to medtech manufactures to use different thermoplastic products to meet customer requirements.

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Lubricant Additives Market 2018: Competitors Strategy, Analysis and Growth by Forecast to 2022

Market Research Future published a Half Cooked Research Report on “Global Lubricant Additives Market Research Report – Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

BASF SE, Chemtura Corp., Chevron Oronite, Croda International, Evonik Industries, Infineum International, Lubrizol Corp, Shamrock Shipping & Trading Limited, Tianhe Chemicals, Afton Chemical Corporation among others are some of the prominent players at the forefront of competition in the Global Lubricant Additives Market and are profiled in MRFR Analysis.

Lubricant Additives Market – OverviewLubricant Additives are predominantly added to lubricants to enhance specific favorable properties.  Lubricant Additives market is predicted to witness moderate growth due to its significant usage in automotive & industrial sector. Among application segment, industrial lubricant is expected to register strong growth in the near future on account of improving and modernizing manufacturing process in numerous end use industries. Furthermore, growing per capita disposable income has led to increase the demand for passenger cars among the middle class population in developing countries which in turn opened the new avenues for the product market over the forecast period.

Geographically, Asia Pacific emerged as the largest market for Lubricant Additives followed by North America and Europe in 2016. The Asia Pacific region accounted for largest market share of lubricant additives market in 2016 and is estimated to retain its dominance over the forecast years due to increasing demand from automotive and various industrial sector specifically in China, India, Japan, Vietnam, Thailand, Taiwan, and South Korea. In addition to this, the growth of Lubricant Additives is largely driven by development fuel efficiency norms combined with increasing environmental concerns about carbon emission in developing economies. Moreover, economic growth in this region along with industrialization has enabled greater production and sales of lightweight and heavy duty vehicles. Furthermore, increased investment by key operating players in their R&D activities and shifting of lubricant additives production units as well as significantly increasing end use industries in this region is estimated to drive the lubricant additives regional market growth. North American market is predicted to witness steady growth due to increasing demand from automotive sector. In North America, U.S. and Canada are among the major contributor in the regional market growth owing to the rising sale of passenger vehicles as well as growing tendency for possession of individual vehicle. Europe is predicted to witness moderate growth due to growing automotive production and sales in various countries such as Germany, Italy, UK, France, and Spain. Middle East & African market is estimated to register above average growth owing to increasing industrial set up specifically in Qatar, Turkey, the United Arab Emirates, Oman, and Saudi Arabia. Latin American countries such as Brazil and Mexico is expected to register moderate growth due to strong consumer base for automotive industry.

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Industry/ Innovation/ Related News:January 2017- Evonik Industries AG acquired units of U.S. based Air Products Performance Materials Business. This strategic acquisition put Evonik in superior position for further profitable growth in the lucrative specialty additives market. This acquisition is predicted to raise the adjusted earnings per share of Evonik Industries in 2017 business year.

April 2017– Olean and The University of Malaya (UM) established an agreement in which they together will join each other in research to produce a new generation of environmentally friendly additives for lubricants. This project has a duration of two years and will build on Oleon’s expertise in lubricant additives.

April 2017- LANXESS acquired U.S. based Chemtura, a leading supplier of lubricant additives and flame retardant. This strategic move enhance the company’s additives portfolio and increase its presence in North America. Moreover, Chemtura’s urethanes and organometallics businesses will merge into LANXESS Portfolio and expansion of this provides company and additional strong pillar.

May 2016– US based Afton Chemical Corporation constructed a lubricant additive manufacturing plant on Jurong Island. This plant cost around USD 100 million and will manufacture key components used in Afton’s engine oil additives to meet the increasing regional and global demand. This plant will help company to strengthen its position in Asia Pacific region.

May 2016– Lanxess expanded its capacity for light colored sulfur carriers at its sites in Mannheim, Germany and Antwerp, Belgium. With this capacity expansion, the company strengthen its position in market for the highly specialized industrial lubricant additives.

Competitive LandscapeThe Lubricant Additives Market Report analyses the degree of competition among the major players as well as industry growth and market scenario. The Global Lubricant Additives Market includes various players operating in the market which comprised of large scale and medium size producers. The important market players operating in the Global Lubricant Additives Industry is focusing towards growth association specifically by Asia Pacific as medium scale and small scale producers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, and Japan. Furthermore, the company is focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are expanding their production capacity of lubricant additives to meet the increasing demand for lubricant additives.

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Fiberglass Market 2018: Key Players, Drivers, Trends, and Forecast 2023

Market Research Future Published a Half-Cooked Research “Global Fiber Glass Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

Jushi Group Co. Ltd (China), AGY Holding Corp. (U.S.), Saint-Gobain Vetrotex (Europe), Nippon Electric Glass Co. Ltd. (NEG) (Japan), Owens Corning (US), Taiwan Glass Industry Corporation (Taiwan), Taishan Fiberglass Inc. (China), PFG FIBER GLASS CORPORATION (Taiwan), Fiber Glass Industries Inc (US) and Asahi Fiberglass Co., Ltd. (Japan) among others are some of the prominent players at the forefront of competition in the Global Fiber Glass Market and are profiled in MRFR Analysis.

Fiber Glass Market – Market OverviewFiber Glass Market is witnessing strong growth due to extensive use of Fiber Glass Composites in automotive and construction industry for improved performance. With high strength and lightweight properties, Fiberglass is used in aircraft industry which is expected to drive the market growth. Moreover, Fiber Glass used in building and construction industry for insulation are further expected to propel the market growth.

Fiber Glass are available in various forms such as glass wool, yarn, roving and chopped strands. Glass wool is widely found in building and construction sector due to thermal and electrical insulation properties. Rising government expenditure on infrastructural activities in developed as well as developing regions is expected to propel the Glass Wool Market. Chopped strand is extensively used in composites material. Increasing demand of composites material in automotive, aircraft and consumer goods owing to durability, strength and lightweight is anticipated to drive the segment growth in Global Fiber Glass Market. Moreover, usage of Fiberglass composites in roofs, walls, panels and windows is also likely to boost the market growth.

Rising awareness among consumer for consumption of renewable energy source has led to widespread installation of wind turbines. Thus, manufacturing of wind turbine blades with Fiberglass is likely to propel the market growth over the forecast period. Fiberglass is used to manufacturer automotive components such as body panels, dash panel and decks among others. Increasing regulatory pressure from U.S. Environmental Protection Agency (EPA) and European Environment Agency (EEA) to minimize environmental impacts is also expected to augment growth of Fiberglass in automotive segment.

Asia Pacific region is dominating market owing to rising population and supportive government policies leading to strong demand of Fiber Glass in end use industries such as automotive, wind energy and building & construction. Rapid urbanization along with increase in disposable income has led significant players in Asia Pacific region to invest more into research and development of fiber glass to meet the demand across countries such as China, India and South Korea. Growing automotive and infrastructural activities in emerging economies is also anticipated to drive the market growth. North America is second largest dominating region in fiber glass market. Sustainable development in building & construction sector after economic crises in North America is expected to drive the demand of Fiber Glass in construction activity. Europe region witnessed considerable growth due to increasing automotive and aircraft production in the regions.

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Fiber Glass Market – Competitive AnalysisFiber Glass Market fragmented with presence of small scale as well as strong regional players from tier 2 market. The key players are highly focusing on quality and high-performance products. The major players are investing on research to develop innovative products in order to meet environmental legislation. Other various strategies adopted by market participants are expansion, acquisition and agreements. Moreover, companies are implementing high tech technologies to meet customer requirements. The players such as Jushi Group, Saint-Gobain, Nippon Electric Glass and Taiwan Glass Industry are entering into long term agreement with distributors to maintain profit across value chain.

Industry/ Innovation/ Related News:January 2016 – China fiber glass company Jushi had planned to expand its production facility in Egypt, European region. The production facility of fiber glass is under construction and expected to complete by 2019. The plant to raise production to 200,000 metric tons per annum. The total investment is around USD 223 million. At present, company has total output of 80,000 tons annually. Egypt is rich in raw material resources necessary for fiberglass market. The company strengthen their position by capturing countries nearby Egypt market.

October 2017 –Owens Corning is planning to expand production facility by approximately 25% at its Chambéry, France Location. The company is rebuilding a glass melter at composites manufacturing facility. This plant produces chopped Glass Fiber strands which is used for reinforcing thermoplastic. The thermoplastic chopped strand products are produced based on boron-free Advantex glass.  Advantex technology helps to yield high performing Glass Fiber that can face corrosive environment and minimize environmental footprint compared to conventional E-glass. This will benefit company position in thermoplastic polymer market.

August 2016 – Owens Corning invested around USD 110 million to expand production facility at its composites operations in India. The company installed 80,000 tons glass melter at existing facility in Taloja, India. The facility is expected to come in operation in early 2018. This would strengthen company position in composite market and help company to meet domestic as well as global demand of Glass Fiber Market.

September 2017 –PPG Industries Inc. sold out its Fiber Glass business operation to Nippon Electric Glass Co. Ltd. (NEG). NEG acquired production facilities of PPG located at Chester, South Carolina, and Lexington and Shelby, North Carolina. The company divested its operation along with research and development operation in Shelby and in Harmar, Pennsylvania. In 2016, PPG also sold out its North America flat glass operations. With this divesture company intend to focus on other business segments.

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Wax Emulsion Market 2018: Trends, Analysis, Import & Export and Revenue by Forecast 2023

Wax Emulsion is a stable mixture formed by the addition of surfactants and additives that offers excellent wear and tear resistance, softening point, and anti-blocking properties to the finished material. Moreover, they also provide versatility, reliability, and high standard performance to the product.

The Global Wax Emulsion Market has been driven by the range of its application in various sectors such as paints & coatings, adhesives & sealants, cosmetics, textiles, and others. Moreover, it is estimated that the paints & coatings segment is set to witness the highest growth in the market due to the growing consumption of Wax Emulsions in the sector over the forecast period.

Market Scenario:

The Synthetic Wax Emulsions segment is the most widely used material base in the market due to its growing consumption in heavy end-use industries such as paints & coatings, adhesives & sealants, cosmetics, and others. Moreover, durability, wear resistance, and long life is the major factors behind the popularity of this segment.

The Polyethylene Wax emulsion is the leading type used in the market and is anticipated to observe a rapid growth due to an increased demand for ink formulations, cable wires, and other applications. Moreover, excellent fabric softening point mechanical properties, abrasion, and chemical resistance are some of the properties offered by the product in the industry.

The paints & coatings is the leading application in which emulsifiers are used and anticipated to observe a rapid growth due to boundless consumption of Wax Emulsions mixtures in floor polishes, ink formulations, and others. Moreover, the textile segment is expected to witness a rapid growth in the sector due to extensive consumption of emulsifiers in designing and production of textiles in the industry.

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Competitive Analysis:

Some of the major players functioning in the Global Wax Emulsion Market are BASF SE (Germany), NIPPON SEIRO CO., LTD (Japan), ALTANA (Germany), Sasol Limited (South Africa), The Dow Chemical Company (U.S.), Exxon Mobil Corporation ( U.S.), Momentive (U.S.), michelman, Inc. (U.S.), the Lubrizol Corporation (U.S.), and Danquinsa GmbH (Germany) among others.

Market Segmentation:

The Global Wax Emulsion Market is segregated into the material base, type, and application. On the basis of the material base, the market is further categorized into synthetic and natural segments. On the basis of the type, the market is segmented into polyethylene, paraffin, carnauba, and polypropylene segments. On the basis of the application, the market is classified into paints & coatings, adhesives & sealants, cosmetics, textiles, and others.

Regional Analysis:

The Global Wax Emulsion Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for Wax Emulsions in various applications. Countries such as China, Japan, and India are the major players in this region. The North American region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to increasing demand for Wax Emulsifiers in cosmetics, healthcare, packaging, and others. The growing innovation in research & development activities and technological advancement have driven the manufacturers to use wax mixture product in the end-use industries. Owing to these factors, the market is expected to witness a significant growth in Germany, the U.K, and Italy.

The Middle East & Africa is estimated to observe a significant growth due to increasing consumption of wax materials in paints & coatings, adhesives & sealants, cosmetics, textiles, and others. Additionally, the growing demand for smoothing and anti-scuff agents in major industries is projected to boost the market in the Latin American region.

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Key Points from Table of Contents: 

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Wax Emulsion Market

6 Market Trends

7. Global Wax Emulsion Market by Material Base

8. Global Wax Emulsion Market by Type

9. Global Wax Emulsion Market by Application

10. Global Wax Emulsion Market by Region

11. Company Landscape

12. Company Profiles

12.1 BASF SE
12.1.1 Company Overview
12.1.2 Material Base/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments

12.2 NIPPON SEIRO CO., LTD
12.2.1 Company Overview
12.2.2 Material Base/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments

12.3 ALTANA
12.3.1 Company Overview
12.3.2 Material Base/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments

12.4 Sasol Limited
12.4.1 Company Overview
12.4.2 Material Base/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments

12.5 The Dow Chemical Company
12.5.1 Company Overview
12.5.2 Material Base/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments

13 Conclusion 

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Water Repellent Agent Market 2018: Top Key Players, Drivers and Trends by Forecast to 2023

Water Repellent Agent prevents water entering into the applied substrate. Additionally, they are resistant to chemical attacks, ultraviolet (UV) light, and oxidation. These properties have major applications in the field of textiles, automobile, and construction end-user industries.

Some of the prominent factors that positively influence the growth of the Water Repellent Agent Market are increasing concrete consumption, rising demand for water repellent medical fabrics and dressings, and increasing middle-class population may directly influence the textile trends over the forecast period. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the market growth over the forecast period. Moreover, continuous expansion of the automotive sector, as well as shifting manufacturers, focus towards safer commute by incorporating water repellent technology to produce water-repellent windshields is estimated to fuel the growth of the market during the review period. However, growing environmental concern regarding the toxic effect of chemicals used in water-repellent agent along with the implementation of strict regulations is predicted to hinder the market growth over the assessment period, 2017 to 2023.

Key Players:

Some of the prominent players operating in the Global Water Repellent Agent Market are BASF SE (Germany), Wacker Chemie AG (Germany), The Dow Chemical Company (U.S.), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Bluestar Silicones USA Corp. (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), The Chemours Company (U.S.), Huntsman Corporation (UK), 3M Company (U.S.), Daikin Industries, Ltd. (Japan),and Aculon (U.S.), among others.

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Segmentation:

The Global Water Repellent Agent Market is categorized on the basis of type, technology, end-user industry, and region. On the basis of the type, the market is bifurcated into polyurethane, Teflon, silicones, and others. On the basis of the technology, the market is segmented into water based and solvent based. On the basis of the end user industry, the Water Repellent Agent market is categorized into textiles, construction, automobile, leather, furniture, medical, and others. On the basis of the region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis:

The Asia Pacific region is estimated to be the largest Water Repellent Agent Market followed by North America and Europe due to growing population. In Europe, Germany, France, Italy, and the U.K are predicted to register a strong growth on account of high demand for water repellent agent in the windshield for automobile manufacturing. In Asia Pacific region, countries such as China, India, and Vietnam are the fastest growing Water Repellent Agent Market and are estimated to grow at the same pace over the forecast period. Improving living standards along with the flourishing growth of construction industry is predicted to contribute to the regional market growth. In North America, the U.S is among the major contributors to the regional market growth due to the increasing textile raw material imports from Asian countries coupled with liberal textile trading regulations and policies. In Latin America, Mexico is expected to register a strong growth due to the robust presence of automobile manufacturers.

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Key Points from Table of Contents: 

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Water Repellent Agent Market

6 Market Trends

7. Global Water Repellent Agent Market by Type

8. Global Water Repellent Agent Market by Technology

9. Global Water Repellent Agent Market by End Use Industry

10. Global Water Repellent Agent Market by Region

11. Company Landscape

12. Company Profiles

12.1 BASF SE
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments

12.2 Wacker Chemie AG
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments

12.3 The Dow Chemical Company
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments

12.4 Momentive Performance Materials Inc.
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments

12.5 Evonik Industries AG
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments

13 Conclusion 

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