Cumene Market 2018: Analysis, Growth, Top Key Players, Drivers and Trends by Forecast to 2023

Market Overview

Cumene is a volatile, flammable, high boiling, and an organic compound with gasoline-like odor. It naturally occurs in coal tar and crude oil and is a blending component in gasoline. Commercially, Friedel-Crafts alkylation is used for the manufacturing of Cumene.

The Global Cumene Market is majorly driven by its use as a chemical intermediate to produce phenol and acetone. The phenol and its derivatives produced from Cumene are used in various applications such as electrical & electronics, automotive, paints & coatings, cosmetics, and others. The acetone is used as a solvent for plastics & synthetic fibers, a volatile component in various paints & varnishes, the excipient in pharmaceuticals, nail polish remover, and others.  The various technology to manufacture Cumene includes zeolite catalyst based, solid phosphoric acid, and aluminum chloride.

Among these, the cumene production with the zeolite as a catalyst is the leading segment due to its regenerative nature which can be used for several cycles. Further, the use of zeolite reduces the disposable water problems associated with solid phosphoric acid, and aluminum chloride. Also, these processes have disadvantages such as environmental hazard, high corrosion, and catalyst regeneration. Moreover, the use of cumene as a component of high fuel octane is further driving the market growth due to its application in automotive and transportation sector.

Competitive Analysis

Some of the prominent manufacturers in the Global Cumene Market are Royal Dutch Shell Plc. (Netherlands), Exxon Mobil Corporation (U.S.), BASF SE (Germany), Sumitomo Chemical Co. Ltd (Japan), The Dow Chemical Company (U.S.), Westlake Chemical Corporation (U.S.), Taiwan Cement Corp. (Taiwan), Braskem (Brazil), China Petrochemical Corporation (China), and SABIC (Saudi Arabia).

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Market Segmentation

The Global Cumene Market is segmented on the basis of the product, production technology, application, and region.

Based on the Product, the Global Cumene Market is segregated into phenol and acetone.

The Production Technology of cumene is segmented into zeolite catalyst based, solid phosphoric acid, and aluminum chloride.

On the Basis of the Application Segment, the Global Cumene Market is segmented into chemical intermediate and solvent.

Regional Analysis

The Global Cumene Market is spanned across five regions Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is expected to lead the Global Cumene Market due to the high demand for phenolic based products used for various applications such as electronics, paints & coatings, automotive, and others in countries such as China, India, and Japan.

The U.S. is the major contributor to the North American market due to the high use of cumene based products in electronics such as laptops, smartphones, and others.

Europe is likely to witness a substantial market growth due to the increasing demand for cumene from plastics and composites industries.

Latin American and the Middle East & Africa are other significant regions in the Cumene Market primarily driven by the growing automotive sector and consumer electronics respectively.

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Water-Based Coatings Market 2018: Overview, Top Key Players, Growth and Analysis by Forecast 2023

Market Overview
Water-Based Coatings use water as a solvent for dispersion of pigments. Thus, it is environment-friendly. Water-Based Coatings contain 80% of water and other solvents such as glycol ethers. Water-Based Coatings offer low toxicity and flammability due to the low VOC and HAP emissions.

Water-Based Coatings are used in various end-use industries such as building & construction, automotive, electronics, marine, paper & packaging, and others. Furthermore, use of this coating in waterproofing, crack filling, plaster additive, screed compound, and others in the construction sector drive the Global Water-Based Coatings Market. The increasing demand for better quality automobiles with superior qualities such as durability and anti-corrosion is another major driver of the market.

Moreover, growing demand for these coatings from electronics industries to protect circuitry system from moisture, chemicals, and dust particles is likely to propel the market growth. The other significant drivers include marine and paper & packaging industries are projected to offer substantial growth avenues for the Global Water-Based Coatings Market in the coming years. The water-soluble paints is the leading segment due to its superior properties such as gloss retention, high corrosion resistance, and good pigment wetting & stability. The Acrylic Water-Based Coatings are leading the market growth as require less time to dry as compared to other coatings.

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Market Segmentation
The Global Water-Based Coatings Market is segmented on the basis of the Product Type, Resin Type, End-Use Industries and Region.

On the Basis of the Product Type, the Global Water-Based Coatings Market is categorized into water-soluble paints, colloidal coatings, emulsions/latex paints, and water-based alkyds.

Based on the Resin Type, the Global Water-Based Coatings Market is segregated as acrylic, formaldehyde, polyurethane, alkyds, epoxy, and others.

The End-User Industries is further segmented into building & construction, automotive, electronics, marine, paper & packaging, and others.

Regional Analysis
The Global Water-Based Coatings Market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is expected to lead the Global Water-Based Coatings Market owing to the growing demand from the construction and automotive sector. The high demand for efficient electronics along with high income and changing lifestyle is another major driver of the market in this region.

The North American market is majorly driven by the high demand for Waterborne Coatings from various end-use industries such as construction, automotive, and electronics.

Europe is another major region in the Global Water-Based Coating Market on account of the developing infrastructure and automotive industries, especially in Western Europe.

Latin America and the Middle East & Africa are anticipated to showcase a significant growth owing to the increasing demand for automotive and infrastructural activities respectively.

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Propylene Glycol Alginate Market 2018: Competitors Strategy, Regional Analysis and Growth by Forecast to 2023

Propylene Glycol Alginate is used in a wide range of applications such as stabilizers, thickeners, emulsifiers, defoaming agents, surfactants, and preservatives among others. The rising demand from the food and beverage and cosmetic & personal care industry across the globe is substantially contributing to the growth of the Propylene Glycol Alginate Market. Propylene Glycol Alginate is extensively used in breweries to stabilize the foam in beers.  The growing beer consumption across the globe is anticipated to positively affect the growth of the Global Propylene Glycol Alginate Market.

Market Segmentation
The Global Propylene Glycol Alginate Market is segmented into application and region. On the basis of the application, the global market of Propylene Glycol Alginate is segmented into thickeners, emulsifiers, gelling agents, defoaming agents, surfactants, preservatives, texture stabilizers and others. On the basis of the end-user industry, the market is further segregated into food & beverage, pharmaceuticals, cosmetic & personal care and others. On the basis of the region, the Global Propylene Glycol Alginate Market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Competitive Analysis
Some of the prominent players in the Global Propylene Glycol Alginate Market are Universal Preserv-A-Chem Incorporated (U.K), Kikkoman Corporation (Japan), KIMICA Corporation (Japan), Fuji Kasei Co. Ltd (Japan), IRO Alginate Industry Co., Ltd (China)., Qingdao Bright Moon Seaweed Group Co.,Ltd (China), and Rizhao Jiejing Group Co., Ltd (China) among others.

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Market Scenario
Among the various applications of the Propylene Glycol Alginate, the food & beverage application was the dominant segment in 2016 and is expected to retain its dominance during the forecast period. Whereas, the cosmetic & personal care and pharmaceutical application segment are also expected to exhibit steady growth during the review period. The growing demand for processed food across the globe coupled with increasing application in cosmetics & personal care is expected to augment the market growth further. The increasing consumption of ice creams, salad dressings, jams, and other dairy products across the globe is anticipated to surge the demand for thickening & emulsifying agents, in turn, propelling the demand for Propylene Glycol Alginate.

The Global Propylene Glycol Alginate Market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest growing market during the forecast period. The presence of agrarian economies has augmented the use of Propylene Glycol Alginate as herbicides, pesticides. Moreover, the growing population has increased the demand for food and beverages, in turn, adding to the demand for propylene glycol alginate. Moreover, the growing disposable income in the region has augmented the demand for beer, which is anticipated to fuel the market growth further. According to the Statistics, the beer revenue in India is expected to reach US$ 3,758 million by the end of 2018. North America is anticipated to be the largest market, which is closely followed by Europe.

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Phosphorus Trichloride Market 2018: Analysis, Segments, Key Players, Drivers, Trends and Forecast 2023

Market Overview
Phosphorus Trichloride is a white with a yellow colored chemical compound of phosphorus and chlorine. The product is majorly used as a chemical intermediate and is a precursor to the formation of various chemicals such as phosphorus pentachloride (PCl5), phosphoryl chloride (POCl3), and thiophosphoryl chloride (PSCl3).

The Global Phosphorus Trichloride Market is primarily driven by growing demand from its major application such as chemical synthesis, agrochemicals, gasoline additives, plastic stabilizers, pharmaceuticals, and others. The chemical synthesis and agrochemicals segment are together driving the growth of the Global Phosphorus Trichloride Market. Phosphorus Trichloride is used as a chemical intermediate in the production of organophosphonates, which are used as cleaners, chelating agents, corrosion inhibitors, and anti-scaling agent for water treatment, which is likely to propel the market growth. The increasing population along with their increasing consumption of food and the lack of arable land drive the need for agrochemicals, which, in turn, fuels the Phosphorus Trichloride Market growth. Further, the use of Phosphorus Trichloride in the production of gasoline and oil additives is projected to surge the market growth due to the demand for efficient and qualitative fuel from the transportation and automotive sectors. Additionally, it is also used as a plasticizer and is a raw material to the drug used for prevention of heart and sexually transmitted diseases, which may fuel the market growth in the coming years.

Competitive Analysis
Some of the prominent manufacturers in the Global Phosphorus Trichloride Market are Monsanto  Company (the U.S.), Solvay (Belgium), Merck KGaA (Germany), LAXNESS (Germany), PCC Rokita (Poland), ICL (Israel), SANDHYA GROUP (India), Alfa Aesar, Thermo Fisher Scientific (the U.S.), Parchem fine & specialty chemicals (New York), and Xuzhou Jianping Chemical Co., Ltd (China).

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Market Segmentation
The Global Phosphorus Trichloride Market is segmented on the basis of the application and region.

Based on the Application, the Global Phosphorus Trichloride Market is segmented into chemical intermediate, agrochemicals, a gasoline additive, plasticizer, pharmaceuticals, and others.

Regional Analysis
The Global Phosphorus Chloride Market is segmented into five major regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is expected to dominate the Global Phosphorus Trichloride Market due to the high demand for chemical and agrochemical industries. The use of phosphorus trichloride in the manufacturing of fertilizers, insecticides, and pesticides is the major driver of the market in this region owing to the need for better crop productivity and high yield.

The high demand for Phosphorus Trichloride from robust chemical industries drives the market in the North American region. Furthermore, the demand for pharmaceuticals in the U.S. drives the market growth positively.

The chemicals and plastics & polymers industries are the major driver of the Phosphorus Trichloride Market in the European region.

The Latin American market is driven by the increased product demand for manufacturing plasticizers with Brazil and Argentina being the major countries.

Lastly, the Middle East & Africa is anticipated to showcase a significant growth on account of the increasing demand for agrochemicals and pesticides.

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Graphene Battery Market 2018: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Graphene Battery are used in various end user industries such as aerospace & defense, automobile, electrical & electronics, among others. The growing demand from the developing economies across the globe are the key factors driving the global market of Graphene Battery. The growing inclination towards the electric vehicles along with the augmenting demand for consumer electronics are other factors contributing to the growth of the market. Among the various end use industry automobile is the dominant segment and expected to show the same trend during the forecast years.

Market Segmentation

The Global Graphene Battery Market is segmented into Product, Type and End User Industry. On the basis of product type, the Global Graphene Battery Market is segmented into On the Basis of Type, the market is bifurcated into Li-ion graphene battery, Li-sulphur graphene battery, super capacitor, lead acid battery and others. On the Basis of End Use Industry, the market is further segmented into automotive, electrical & electronics, aerospace & defense, energy, healthcare and others.

Competitive Analysis

Some of the prominent players operating in the Global Graphene Battery Market are Grupo Graphenano (Spain), SINODE SYSTEMS (U.S.), Graphene NanoChem (U.K), Angstron Materials Inc (U.S)., XG Sciences (U.S.), Vorbeck Materials (U.S.), Graphene 3D Lab Inc (U.S.)., NanoXplore Inc.(Canbada), Graphene Batteries AS (Norway), and Cambridge Nanosystems Ltd (U.K) among others.

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Market Scenario

Among the various product segment, the Lithium Ion Graphene Battery is expected to be dominant one is anticipated to continue its dominance during the forecast periods. The properties of Li-ion Graphene Batteries such as lightweight and high energy density paves their way into many end use industries such as automobile, electrical & electronics, aerospace among others. The supercapacitors product segment is anticipated to be the fastest growing segment during the review period. The advantages such as extended shelf life and enhanced charging abilities is contributing substantially to the growth of the segment.  Moreover, the increased adoption of supercapacitors in cell phones is further surging the market growth. Graphene Battery is extensively used over a wide range of industries, whereas automobile industry is anticipated to be the largest end use industry during the assessed period. The growing inclination towards electric cars is positively contributing to the growth of the segment.

Regional Analysis

The Global Graphene Battery Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific is anticipated to be the fastest growing market on account of the developing automobile and electrical and electronic industry. Europe and North American Graphene Battery Market is expected to witness a steady growth during the forecast years. The presence of stringent regulation to reduce the emission from automobiles along with the growing encouragement towards the adoption of electric vehicle are the key reasons attributing to the growth.

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Acetaldehyde Market 2018: Overview, Top Key Players, Growth and Analysis by Forecast 2023

Market Overview

Acetaldehyde is an organic, free-flowing compound used as a precursor to most of the chemical synthesis and its derivatives. Naturally, it occurs in coffee and fruits. Wacker process, i.e., ethylene oxidation, is used to produce acetaldehyde commercially.

The Global Acetaldehyde Market is majorly driven by its application as a chemical intermediate. Various chemicals are produced using acetaldehyde include pyridine & pyridine bases, pentaerythritol, acetic acid among others. The increasing demand for acetaldehyde as a preservative and flavoring agent from the food & beverage industry is another major driver of the Global Acetaldehyde Market. It is highly used to add flavors to various consumables such as milk products, baked goods, fruit juices, desserts, candies, and soft drinks. Furthermore, it exhibits hardening ability towards gelatin, which increases the product demand in the pharmaceuticals and cosmetics industries. Production of perfumes, polyester resins, and basic dyes are some other applications of acetaldehyde surging its demand in the rubber, paper & pulp, and paints & coatings industries. Also, the product is used in the fuel composition, which is another factor propelling the market growth. However, The International Agency for Research on Cancer (IARC) has listed acetaldehyde as a group 1 carcinogen. This may challenge the market growth.

Competitive Analysis

Some of the prominent manufacturers in the global market of Acetaldehyde are Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Merck KGaA (Germany), Sumitomo Corporation (Japan), SEKAB (Sweden), SHOWA DENKO K.K. (Japan), Jubilant Life Sciences Ltd. (India), Ashok Alco- chem Limited (India), LCY Group (Taiwan), Laxmi Organic Industries Ltd. (India), Lonza (Switzerland), Naran Lala Pvt. Ltd. (India), Eurochem Group AG (Switzerland), Wacker Chemie AG (Germany), and China National Petroleum Corporation (China).

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Market Segmentation

The Global Acetaldehyde Market is segmented on the basis of the Product Type, Application, and Region.

The product type segment is categorized into pyridine & pyridine bases, pentaerythritol, acetic acid, peracetic acid, ethyl acetate, and others. The pyridine & pyridine based and pentaerythritol together lead the segmental market. Pyridine is a precursor of many agrochemicals and pharmaceuticals. Nitrapyrin is the fertilizer produced using pyridine, which is responsible for the transformation of nitrogen in the soil. Pentaerythritol is used in fuel composition to produce aviation turbine fuel, automotive engine oil, lubricants, etc. which drives the product demand in the aerospace & defense, automotive, and others.

On the Basis of the Application, the Global Acetaldehyde Market is segregated into chemical synthesis, food & beverage, pharmaceuticals & cosmetics, paper & pulp, plastics & synthetic rubber, paints & coatings, and others. The chemical synthesis is the major application segment accounting for major part of the market share as these chemicals are used in almost every end-use industries such as military & defense, aviation, marine, and others. Furthermore, the increasing demand for the food & beverages and pharmaceuticals & personal care products by the growing population are likely to propel the market growth.

Regional Analysis

The Global Acetaldehyde Market is spanned across five major regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The Asia Pacific is expected to dominate the Global Acetaldehyde Market due to the high demand from major end-use industries such as chemical and agricultural industries in this region. Countries such as China, India, and Japan drive the regional market owing to the demand from the above-mentioned industries.

The rising demand for acetaldehyde for production of synthetic and engineered lubricants is driving the European market.

The North American market is majorly driven by the acetaldehyde demand from pharmaceuticals. The U.S. accounts for the major market share in terms of value for the same.

The Latin American market is expected to showcase market growth due to the rising demand and exportation of food & beverages in this region.

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1, 3-Propanediol Market 2018: Competitors Strategy, Regional Analysis and Growth by Forecast to 2023

The growing demand for 1, 3-Propanediol from various applications is expected to drive the growth of the market during the review period. The major applications of 1, 3-Propanediol are polytrimethylene terephthalate, polyurethane, cosmetics & personal care, household, engine coolants among others. The growing development of cosmetic & personal care industry across the globe is expected to boost the market during the forecast years. Moreover, the growing investment in research and development activities for the production of bio-based 1, 3-Propanediol is anticipated to be a major opportunity in the market.

Market Segmentation

The Global 1, 3-Propanediol Market is segmented into application and region. On the basis of application, the global market of 1, 3-propanediol can be further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid and others. On the basis of region, the Global 1, 3-Propanediol Market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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Competitive Analysis

DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and Zouping Mingxing Chemical Co., Ltd (China),  Royal Dutch Shell (Netherland), Shanghai Jinjinle Industry Co., Ltd (China), Zouping Mingxing Chemical Co.,Ltd (China), Salicylates And Chemicals Pvt. Ltd (India), and Chongqing Kunlun Chemical Co., Ltd (China) among others.

Market Scenario
Among the various applications of the 1, 3-propanediol, the polytrimethylene terephthalate segment was anticipated to be the dominant segment in 2016 and is expected to show the same trend during the forecast years. The polyurethane segment is expected to witness the highest growth with a CAGR of over 4.5% during the assessed period.  The growing demand for polytrimethylene terephthalate across various applications such as cosmetic & personal care, engine coolants, and de-icing fluid among other is substantially contributing to the growth of the segment.

The Global 1, 3-Propanediol Market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest growing market during the forecast period. The growing population has increased the demand for cosmetics & personal care and household products, in turn, adding to the demand for 1, 3-Propanediol Market. North America followed by Europe is anticipated to be the largest markets during the given period. The developed automobile, cosmetic & personal care industry along with the growing shift towards biodiesel is positively contributing to the growth of the market.

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