Poly Aluminum Chloride Market 2018 | Potential Growth, Size & Share, Demand and Analysis of Key Players- Forecasts To 2022

Segment Analysis:

The Global Poly Aluminum Chloride Market has been segmented into types. On the basis of form, the market has been divided into liquid and solid. In terms of value, liquid accounted for the largest market share of 86.00% in 2015, and is projected to grow at the highest CAGR of 5.12% during the forecast period. Solid was the second largest market in 2015, valued at USD 83.0 Million in 2015; it is projected to grow at a CAGR of 4.90%. In various developing regions, they are widely used and contains Al2O3 with 10-13% in liquid form and in solid the most widely used contains Al2O3 with 30% specification. Global Aluminum Chloride Market has witnessed a prospective growth over the last few years and as per MRFR analysis the market will retain the same growth rate during the forecasted period.

On basis of Application, the market has been segmented into water treatment, paper industry, coated additives, oil & gas and others. In terms of volume, water treatment dominated the market with a share of 55.45%, having accounted for 765.50 ‘000 Tons in 2015 and is projected to grow at the highest CAGR of 5.14% from 2015 to 2020. Paper Industry, the second largest segment with market share of 17.17% in 2015, and it is projected to grow at a healthy CAGR of 4.50%. The market for water treatment has been expanding at healthy growth rate owing to, food and energy resources are emerging as increasingly important in world owing to rapid urbanization, industrialization and agriculture growth. Due to this, a need for waste water treatment is essential for safety of environment. Every day almost 300 gallons of water is wasted from every household which accounts for more than 60% of indoor use. 

This waste water is treated with chemicals to supply fresh water for drinking and cleaning purposes. Moreover, increasing industrial and agriculture waste water is expected to increase the demand for water treatment chemicals. Different chemicals used for water treatment are algaecides, biocides, coagulants, boiler water chemicals, flocculants, oxidants, pH conditioners and others. Among them, Poly Aluminum Chloride serves as an efficient flocculent and coagulant. PAC helps the impurities to flocculate or coagulate in the water purification process. Further, with technological advancement once they are precipitated, effluents are removed. In recent years, alum, which forms large flocculent in water is substituted by Poly Aluminum Chloride as it is easy to coagulate-flocculate impurities. To cater the needs of growing population and increasing awareness about safe drinking water due to involvement of government and environmental bodies, the demand of Poly Aluminum Chloride in developing countries is high.  

Regional Analysis:

Geographically, The Asia-Pacific Poly Aluminum Chloride Market was valued at USD 290 million in 2015 and is projected to grow at a CAGR of 5.39% during the forecast period from 2015 to 2022. This market has the largest market share worldwide. China has the largest market share, and is also the fastest-growing regional market for Poly Aluminum Chloride in Asia-Pacific; Japan comes as a close second, in both these areas. By Application terms, the water treatment and paper industry segment is the largest segment, as well as the fastest growing one. On the other hand, the municipal water treatment segment is the largest and the fastest-growing application area for water treatment chemicals in this region.

Europe is the second largest market and holds the market of 21% in 2016. In terms of form segment, the market of Europe is growing at the CAGR of 5.10% Germany accounted for the largest market share in 2015, with a market value of USD 53.5 Million and is projected to grow at a CAGR of 5.23% during the forecast period. UK was the second-largest market in 2015, valued at USD 27.4 Million in 2015; it is projected to grow at the highest CAGR of 5.39%. North America region is the third largest market followed by Latin America and Middle East.

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Poly Aluminum Chloride Market size is expected to grow at ~5.09% CAGR by 2022. The Global Poly Aluminum Chloride (PAC) Market is expected to register a steady growth of 5.09% over the forecasted period. The prominent factors fuelling the growth of Global Poly Aluminum Chloride Market are, increasing use of Poly Aluminum Chloride in waste water treatment application along with rising demand of paper sizing chemicals in paper industry which is expected to augment the market growth of Poly Aluminum Chloride. Apart from the above mentioned factors, alum is substituted by Poly Aluminum Chloride which is poised to be the major driving factor for the market growth in coming years. Additionally, various companies are investing in R&D in-order to develop the PAC to provide lucrative opportunity to key players. However, poor infrastructure for water and effluent treatments in developing economies can put restraint to growth of Poly Aluminum Chloride Market.

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High Purity Alumina Market 2018 | Emerging Trends, Highlights and Challenges Forecast 2022

High Purity Alumina Market   – Competitive Analysis

High Purity Alumina Market appears to be less competitive with the presence of only few major global chemicals and materials manufacturers operating in the Cold insulation Market. Presence of few key players will lead to monopoly situation and also competitive edge in innovation and technology is expected to be indelicate. As these materials are pricing at higher costs in the current markets and increasing demand for High Purity Alumina materials in electronics and battery manufacturing industries will influence the end user products from these industries. High Purity Alumina Market demonstrates a high growth potential as the demand for these materials is increasing other key players are likely to invest in opening new production capacities to meet the global demand with better solutions.

Industry/ Innovation/ Related News:

October 2017 – Altech Chemicals Ltd (Australia), one of the key manufacturers of High purity alumina, has announced opening of its new production line for high purity alumina in Malaysia. For this expansion, the company has secured attentiveness to raise USD 17.2 million by placing the shares at USD 0.14, in order to resume its expansion project at Malaysia. This expansion project was contracted by SMS Group GmbH with USD 4 million commitment. After completing the project, the production capacity starts delivering the high purity alumina based synthetic sapphire which is used in the manufacture of LED lights, semiconductor wafers, and scratch resistant glass for electronic gadgets and television sets.

October 2017 – Orbite Aluminae Inc. (Canada), is one of the key competitor in manufacturing high purity alumina, Formerly Exploration Orbite V.S.P.A. Inc has announced that it is currently working on the completion of its three tonnes per day 5N high purity alumina (HPA) production plant which also utilises hydrochloric acid extraction from aluminous clay. HPA production is forecast for Q4 2015 and expansion to 5 tonnes per day is planned in 2016. HPA samples of 4N8 (99.998%) purity have been sent to customers. Increasing consumption of high purity alumina is expected to observe in the forecast period due to presence of high electronics products consumer countries nearby Canada, such as U.S. and Mexico.  

Key Findings:

Asia-Pacific accounts for the largest share in the Global High Purity Alumina Market in 2015

Due to the presence of established producers and growing LED market

Asia-Pacific market is expected to witness the highest CAGR of 20.75% from 2015

China dominates the Asia-Pacific High Purity Alumina Market with more than 55% of share in 2015 due to the presence of large number of producers and huge consumption

LED accounts for the largest share of 54% in the Global High Purity Alumina Market by application in 2015

The Global High Purity Alumina Market is segmented based on Products, Application and region for forecasted period 2016 to 2022. On basis of High purity alumina, it is segmented by product type as 4N, 5N and 6N.

4N – 99.99% Purity and 0.01% impurity

5N- 99.999% Purity and 0.001% impurity

6N- 99.9999% Purity and 0.0001% impurity.

On basis of Application, LED accounts for high market share of 54% in forecasted period. LED products have high life span, durability and reliability which makes adoption rate high in end user. This increase in adoption rate is expected to boost the market in forecasted period. Phosphor used in manufacturing of plasma displays and protective coatings increase the market share of HPA product. Others products like Sapphire are used in manufacturing of scratch resistance glass for smartphones and watches.

Geographically, APAC region dominates these HPA market both in terms of volume and value and is expected to grow significantly at a CAGR of 20.75 % in 2022. China is major revenue generating country due to rapid industrialization, low cost of raw material and labor and high manufacturing of LED products. North America, Europe accounts for second and third market share in this segment.

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Automotive Adhesives Market 2018 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2022

Market Scenario:

Automotive Adhesives are a lightweight method of joining composites and plastic materials in automotive. Automotive Adhesives are majorly used in construction of automotive interior parts and electronics.

One of the key drivers for the growth of Automotive Adhesives Market is the increase in demand of lightweight and Low Carbon Emitting Vehicles which encourages the use of materials such as aluminium for decreasing the weight of automotive, which leads to use of Automotive Adhesives. The technological advancements in manufacturing of automobiles and the adoption of smart cars is also driving the use of Automotive Adhesives. The increase in use of average adhesive volume with the increasing complexity in design of vehicles is also driving the growth of the market. However, the growth of this market is expected to be restrained by huge volatility in the prices of raw materials.

Key Players:

The key players of Automotive Adhesives Market are The Dow Chemical Company (U.S.), Henkel (Germany), BASF (Germany), 3M Company (U.S.), Ashland Specialty Chemical Company (U.S.), H.B. Fuller Company(U.S.), Hindustan Adhesives Limited (India), Dynea International Oy (Finland), Hexion Specialty Chemicals Inc. (U.S) Covalence Specialty Adhesives LLC (U.S.) and others.

Study Objectives of Automotive Adhesives Market:

To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Automotive Adhesives Market.

To provide insights about factors affecting the market growth.

To Analyse the Global Automotive Adhesives Market based on various factors such as supply chain analysis, and Porter’s five force analysis.

To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries.

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segments by type, application and region.

To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.

To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Adhesives Market.

Regional Analysis:

Asia-Pacific region is expected to be the fastest growing region in the Automotive Adhesives Market during the forecast period. The growth of this region can be attributed to emerging economies such as of China and India in the region, which attract many global players to set up their production base by providing cheap and suitable quality raw-materials. The wide customer base which demands high quality automobiles is also driving the manufacturers to use best quality automotive adhesives, thereby driving the growth of the market.

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High Performance Epoxy Market 2018 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2022

Synopsis of Global High Performance Epoxy Market:

The Global High Performance Epoxy Market is expected to grow at USD 14.9 billion by 2022 growing with the CAGR of X% from 2016 to 2022. High Performance Epoxy is highly used in aerospace & marine, automotive, consumer goods and others. Performance coating are varnish used to enhance the quality of a surface which includes how it easily gets adapted to different environment when it is exposed. High performance epoxy is an effective technology that is environment friendly and comes in a variety of color combinations. It can also be used in minute-sized components. Performance coatings stands perfectly with respect to being used as a primer coat as well as basecoat. On the other hand Rise of price of high performance epoxy and increase in price of raw materials will hinder the market growth.

Geographically, maximum consumer of High Performance Epoxy Market is in Asia-Pacific followed by Middle East & Africa and all of them contributes greatly in the growth of the market. Europe and North America are facing sluggish market growth rate. Growth of High Performance Epoxy Market is Asia Pacific is maximum due to the growing use of High Performance Epoxy for various applications along with macroeconomic growth of textile industry in the region.  

Key Players:

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

Reasons to buy:

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

It covers market segmentation by type and by end-user.

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

The report will provide useful and premium insights that will support investments in high performance epoxy market and allied companies by providing detail on the fast growing segments and regions.

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

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

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Fatty Alcohol Alkoxylates Market Competitive Analysis, Emerging Trends and Demand Forecast up to 2023

Fatty Alcohol Alkoxylates Market – Competitive Analysis

Fatty Alcohol Alkoxylates Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include merger, acquisition and expansion. However, acquisition and expansion were second most widely adopted strategy by key market players. Companies are building strategic partnerships with local manufacturer and distributors in order to reduce gap between supplier and customer of Fatty Alcohol Alkoxylates. With technology advancement and presence of significant players has made Fatty Alcohol Alkoxylates lucrative opportunity in their respective applications.

Industry/ Innovation/ Related News:

May 2017 – Clariant International AG and Huntsman signed an agreement to combine their operations. Through this acquisition company will employ 32,000 people and generate revenue of USD 413 billion. This would also help the company to expand its product portfolio in untapped countries.

January 2017 – Clariant AG acquired Galaxy Surfactants Ltd. (leading supplier of speciality chemicals including surfactants). This deal would help the company to ease their distribution network among the respective regions. Moreover, it would benefit the company to directly reach out to customer requirements regarding surfactants.

September 2016 – Clariant acquired Kel-Tech Inc. (Midland, Tex.) and X-Chem LLC (Irving, Tex.). through expansion of portfolio, company has increased their presence in oil producing basins and add strong customer base to their operational activity. This has also strengthened company business in North America market.

Fatty Alcohol Alkoxylates Market – Market Overview

Fatty Alcohol Alkoxylates are gaining traction in the non-ionic surfactants market with increasing demand for biodegradable and non-toxic surfactants in the prominent end-use industries such as household cleaning, I&I cleaning, personal care and textiles among others. Environmental feasibility of Fatty Alcohol Alkoxylates under high regulation in developed market is significant factor driving the Fatty Alcohol Alkoxylates Market growth at CAGR of 5.0% during forecast period.

Changing consumer preference towards personal hygiene and cleanliness has led to considerable demand of sustainable surfactants with advanced formulations. The sustainability factor is defined by biodegradability and toxicity of Fatty Alcohol Alkoxylates. Fatty Alcohol Alkoxylates produced from oleochemical are sourced from natural sources such as palm kernel oil (C16-C18), and coconut oil (C12-C14) among other natural sources. Moreover, alkylphenol ethoxylates are banned in developed regions which in turn has witnessed the dominance of oleochemical based Fatty Alcohol Alkoxylates as a substitute for biodegradable and non-toxic surfactant for use in the cleaning products.

According to MRFR analysis, the Global Fatty Alcohol Alkoxylates Market was valued at USD 564.4 million in 2016 and is expected to be valued at USD 787.8 million by the end of 2023, expanding at a CAGR of 5.0% during the forecast period. Fatty Alcohol Alkoxylates based on types segmented as oleochemical based fatty Alcohol Alkoxylates and petrochemical based Fatty Alcohol Alkoxylates is further sub-segmented based on the number of carbons chains. Oleochemical based fatty alcohol alkoxylates is further sub-segmented into — Lauryl Alcohol (C12-C14) Alkoxylate, Cetostearyl Alcohol (C16-C18) Alkoxylate, Behenyl Alcohol (C22) Alkoxylate, Stearyl Behenyl Alcohol (C18-C22) Alkoxylate, and Stearyl Alcohol (C22) Alkoxylate. Lauryl Alcohol (C12-C14) alkoxylate and Cetostearyl Alcohol (C16-C18) alkoxylate holds largest market share among the oleochemical based alkoxylates owing to growing consumption in personal care and housing cleaning market. The household cleaning products market is one of the major consumer of surfactants, the valuation of household cleaning products market is valued at approximately USD 250 billion growing at a rapid pace of approximately ~9% CAGR. Moreover, rising concern over institutional hygiene and cleanliness especially in healthcare and food & beverage industry is also anticipated to slate highest growth of industrial and institutional cleaning market at nearly 4.5% reaching USD 60 billion by end of 2023.

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Thermoformed Plastics Market 2018 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

Thermoformed Plastics are manufactured via a process of the same name, which involves taking a sheet of plastic material, heating it up until pliable, forming it to a three-dimensional shape, then trimming and finishing it into a usable product.

The various applications of Thermoformed Plastics in major end-use industries such as healthcare & medical, food packaging, electrical & electronics, automotive packaging, and others. The primary adoption of Thermoformed Plastics is in the healthcare sector owing to the anti-bacterial property and resistance to odor and moisture. These plastics are uniquely engineered which justifies their use as surgical gloves and urology disposables. The other factors driving the Global Thermoformed Plastics Market is its use in food packaging. The increasing disposable income and the demand for packaging of ready-to-go processed foods have augmented the market growth of thermoformed plastics. Thermoformed plastics are widely consumed in automotive packaging as it is lightweight yet stronger than the conventional packaging materials such as glass and wood. These properties also enable their application in a lightweight, strong, and efficient consumer goods and appliances. Thermoformed plastics are also used in the construction sector for manufacturing concrete, flooring, and furniture which is expected to further fuel the market during the review period. Furthermore, properties such as chemical resistance, heat deflection, rigidity, and dielectric strength account for the adoption of thermoformed plastics in electrical and electronic appliances, resulting in the increasing sales and consumption, which is projected to drive the market. The market developments such as acquisition and expansion are likely to offer substantial opportunities for the market growth. For instance, in November 2016, Amut, a provider of plastic extrusion solutions, introduced new generation thermoforming machines operating with a production speed of up to 35 cycles per minute. Additionally, Sonoco Products Company has announced to acquire Highland Packaging Solutions in March 2018 thus, strengthening the thermoformed plastic business.

Regional Analysis

The Global Thermoformed Plastics Market is segmented into five regions Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific is the fastest emerging region in the Global Thermoformed Plastics due to the high demand for the product in end-use industries such as healthcare, food & beverage, electrical and electronics. The growth can be attributed to the growing packaging industry in countries such as China, India, and Japan.

North America is the second largest region in the Global Thermoformed Plastics Market due to the high production and sales of food & beverage, medical products, and automotive.

The European market is growing due to the rising demand for the product from food & beverage and pharmaceutical industries.

The Middle East & Africa are expected to experience a significant market growth due to the expanding infrastructure and construction activities in this region.

Segmentation

The Global Thermoformed Plastics Market is segmented on the basis of the Product, Process, Application, and Region.

On the basis of the Product, the Global Thermoformed Plastics Market is segmented into polyethylene terephthalate (PET), polyethylene (PE), acrylonitrile butadiene styrene (ABS), polystyrene (PS), polyvinyl chloride (PVC), polypropylene (PP), polymethyl methacrylate (PMMA), high impact polystyrene (HIPS), and others.

The Global Thermoformed Plastics Market is segmented by its processes such as vacuum forming, pressure forming, heavy gauge (thick) thermoforming, thin thermoforming, plug assist, and others.

By the Application, the market is segmented as healthcare & medical, food packaging, electrical & electronics, automotive packaging, construction, consumer goods & appliances, and others.

Geographically, the Global Thermoformed Plastics Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Polyvinyl Alcohol Market Competitive Analysis, Emerging Trends and Demand Forecast up to 2023

Polyvinyl Alcohol (PVA) is produced by polymerization of vinyl acetate monomer followed by hydrolysis. PVA finds application in various end-use industries such as food packaging, paper, textile, construction, coatings, and pharmaceutical. Polyvinyl Alcohol exhibits resistance to moisture and therefore, is predominantly used in the food packaging. Due to high water solubility and biodegradability, PVA has increasingly been used in the packaging industry.

Polyvinyl Alcohol use is growing in packaged food products due to the benefits associated with it such as film forming and retention of taste & texture of the product. It is also used in the nutritional supplement pills, tablets and capsules owing to its viscosity. Growing apparel and textile industry with changing fashion trends are driving the product demand globally. The use of PVA is increasing in the healthcare industry by virtue of its biocompatibility and biodegradability and consequently rising awareness among the consumers about the plastic wastage is also uplifting the PVA market. It finds extensive usage in the paper industry owing to excellent oil & grease resistant properties. 

The product usage is increasing in the paper industry due to its suitability for water-based barrier coatings. A few PVA products such as Kururay’s Poval, Elvanol and Exceval are widely used in the paper industry as a result of strong water born film forming.

Product innovation for a new application is a noted trend for the Polyvinyl Alcohol Market. For instance, in 2016, the Kururay opened a new plant in the U.S. which is believed to be cost competitive with the use of shale gas and other inexpensive raw material. a In 2018, the same company is set to launch a new product under the brand name MOWIFLEX to be used by filament fabrication-based printing processes due to excellent water solubility and moisture resistance. However, key players in the market are increasing the prices of their PVA products as a result of a hike in the cost of raw materials, which may affect the market growth to some extent.

Key Players

Some of the key players in the Global Polyvinyl Alcohol Market are Sekisui Chemical Co, Ltd (Japan), The Nippon Synthetic Chemical Industry Co., Ltd (Japan), Merck KGaA (Germany), Anhui Wanwei Group (China), SNP, Inc. (U.S.), Kuraray Co., Ltd (Japan), Polysciences, Inc (U.S.), Polychem (Mumbai), Astrra Chemicals (India), Japan Vam and Poval Co., Ltd (Japan).

Regional Analysis

Asia Pacific is the fastest growing market for Polyvinyl Alcohol as a result of rapidly growing demand from packaging industry especially pertaining to convenience food, from the working class in the developing economies such as India, China, Thailand, and South Korea. The product demand for packaged food products is growing due to convenience and longer shelf life of the products. Growing healthcare industry is also propelling the market growth with respect to rising disease burden among the consumers.

North America is set to witness significant growth over the forecast period with respect to the growing demand for packaged products. Growing construction industry coupled with technological advancements such as the internet of things (IoT) for tracking operational activities is likely to drive the market growth.

Europe is another prominent market for PVA due to increasing use of biodegradable plastic by the packaging industry owing to the ban imposed by the European Union on landfill as of 2016. Growing apparel industry together with rising purchasing power and changing trends are stimulating the product demand especially in the U.K and Germany in this region.

Latin America and the Middle East & Africa are expected to drive the market with growing product demand from packaging industry as a result of rising environmental concern and increasing urbanization.

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