Sunday, 28 January 2018

Paints and Coatings Market 2018 Analysis, Size, Share, Growth and Trends by Forecast to 2023

Market Research Future Published a Cooked Research on “Global Paints and Coatings Market Research Report- Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023. 
AkzoNobel N.V. (Netherlands), PPG Industries (U.S.), Axalta Coatings Systems (U.S.), BASF Coatings GmbH (Germany), The Sherwin-Williams Company (U.S.), Asian Paints (India), Kansai Paints (Japan), Jotun A/S (Norway), RPM International (U.S.), Hempel A/S (Denmark), RPM International (U.S.), Nippon Paint Holdings Co., Ltd. (Japan), USARROW (U.S.), The Valspar Corporation (U.S.), Kelly-Moore Paints(U.S.), Dunn-Edwards Corporation(U.S.), Diamond Vogel Paints(U.S.) among others are some of the prominent players at the forefront of competition in the Global Paints and Coatings Market and are profiled in MRFR Analysis. 
Paints and Coatings Market – Market Overview 
Paints and Coatings are a lucrative market and is expected to have a steady growth during the forecast years. Paints are any liquid which are commonly used as a medium used to protect, provide texture and color to objects whereas coatings are mostly used for protection. Paints and coatings are segmented on the basis of their resin type, technology, application and region. On the basis of the resin type acrylic resin is the dominant segment owing to its high application in automotive, roof coatings, construction and wall coatings. On the basis of Technology, water based paints and coatings accounts to have the largest share. Water based coatings are widely used in the plastic pallet hoppers, fly ash hoppers, and architectural sector among others owing to the advantages such as low greenhouse gas emissions, stable viscosity and less flammability. On the basis of application, architectural segment is expected to be the most lucrative segment owing to its extensive use in the interior and exterior walls of all kinds of commercial, industrial, residential, and institutional buildings. 
According to the analysis of MRFR, the major market forces and trends driving growth of the Global Paints and Coatings Market includes growth of construction sector and the burgeoning growth in the automobile industry. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the construction activities especially in India and china which in turn is further expected to fuel the growth of the Global Paints and Coatings Market during the forecast period.  In addition, the growing government investment in development of residential and commercial infrastructure throughout the globe coupled with the propelling automotive and aerospace sector are other factors contributing to the market growth. 
Paints and Coatings Market- Competitive Landscape 
The Global Paints and Coatings Market is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry. Exxon Mobil Corporation, the Dow Chemicals Company, Royal Dutch Shell plc. And BASF SE among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Paints and coatings Market is projected to witness considerable competition over the forecast period of 2017-2023. 
Asia pacific is expected to be the fastest growing region during the forecast years. The increasing Globalization and urbanization in the developing economies of the region has propelled the construction of residential and commercial infrastructure which is a dominant factor for the demand for paint and coatings in the region. Moreover, increasing population in India and China has brought about more government spending in infrastructural developments coupled with the growing automobile industry in the region is also expected to drive the market of paints and coatings positively during the forecast years. 
Industry/ Innovation/ Related News: 
January 21, 2016 – BASF SE launched two new products designed for paints and coatings namely Acronal 7079 and AQ Acell HIDE 6299 that enhances and helps exteriors of buildings clean and durable. Moreover, the demand for the new products is set to rise owing to the low carbon footprint of the products made through the reduction of titanium dioxide (TiO2).  BASF is the leading supplier of paints and coatings and with this innovation of low volatile organic compounds and high durable solutions is expected to boom the market demand. 
March 22, 2016 - The Sherwin-Williams Company agreed to acquire their rival company Valspar. This acquisition is expected to create a stronger foothold in the paint and coatings market across Asia Pacific, Europe, Middle East and the African region. Moreover, this deal will allow Sherwin Williams Company to provide high complementary offerings in the global paint and coating market along with efficient technology and extended brand portfolio in North American region. 
December 15, 2016 - AKZoNObel to strengthen their market position and product portfolio especially in Europe has adopted a strategy of acquiring BASF’s global industrial coatings business on a deal value of 475 million Euros. In addition, this merger is expected to provide AKZoNObel with additional production efficiencies to penetrate the European market of industrial coatings. 
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Wednesday, 24 January 2018

Nitrocellulose Market 2018: Key Vendors Analysis, Import & Export, Revenue by Forecast 2022

Market Research Future Published a Half Cooked Research Report on “Global Nitrocellulose Market Research Report - Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Atomax Chemicals Co., Ltd., Nitro Quimica, Hubei Xuefei Chemical, Hengshui Orient Chemical Co., Ltd., Nobel NC, IVM Chemicals, Synthesia, antong Tailida Chemical Co., Ltd., Nitro Chemical Industry Co., Ltd. among others are some of the prominent players at the forefront of competition in the Global NitrocelluloseMarket and are profiled in MRFR Analysis.
Nitrocellulose Market – Overview
Nitrocellulose or Cellulose nitrate is one of the prominent film former known for the coatings, ink, film, and adhesive sector. Nitrocellulose Market is estimated to witness strong growth due to its significant usage in automotive as well as printing ink application. Among application, printing ink accounted for the largest market share in 2016 and is estimated to retain its dominance over the forecast period on account of technological advancement. Furthermore, increasing use of nitrocellulose based ink in flexography and gravure painting due to its high quality and durable color paint is predicted to fuel the demand for Nitrocellulose Market. Moreover, it find wide application usage in nail varnishes which is ultimately utilized in cosmetic industry. Increasing per capita disposable income in developed and developing region along with increasing use of cosmetic item is estimated to drive the market growth. Furthermore, increasing vehicle manufacturing combined with demand for safety features is attributed to the growth of automotive market, which in turn is estimated to drive the demand for Nitrocellulose. In addition, leather materials are commonly coated with Nitrocellulose induced leather finishes which protect it from heat and moisture and enhance durability. Additionally, the global leather industry is decreasing on account of changing consumer preference for cheaper leather alternatives. Increasing usage in sealants and adhesives along with rising building & construction activities is predicted to fuel the demand for Nitrocellulose Market over the estimated period.
Geographically, Asia Pacific emerged as the largest market for Nitrocellulose followed by North America and Europe in 2016. The Asia Pacific region dominated the Global Nitrocellulose Market share in 2016 and is predicted to witness highest CAGR owing to continuous growth of automotive and furniture industries specifically in China, India, Japan, Taiwan, Vietnam, Thailand, Malaysia, and South Korea. Additionally, the growth of nitrocellulose is largely driven by their utilization in leather tanneries and automotive industries. The furniture industry across the globe has witnessed a tremendous growth in the past few years, and is predicted to carry same trend over the assessment period which in turn is expected to propel the growth of the market over the estimated period. Furthermore, growing investment by major operating companies and shifting of Nitrocellulose manufacturing units as well as end use industries growth in this region is expected to propel the Nitrocellulose regional market growth. North American market is expected to witness steady growth due to increasing demand for aesthetic design furniture in commercial as well as in residential spaces, which in turn is estimated to drive the consumption of Nitrocellulose in the upcoming years. Europe is estimated to witness moderate growth on account of rising demand from automotive sector. Furthermore, strict regulations regarding the storage and usage of this product has led to increase the innovation and development in this sector. Middle East & African market is expected to register strong growth on account of increasing construction and leather finishing industries present in Qatar, Turkey, the United Arab Emirates, and Saudi Arabia. Market in Latin American countries such as Brazil and Argentina is predicted to register healthy growth on account of rising demand for cosmetics items.
Industry/ Innovation/ Related News:
September 2017- ChemSpec Ltd., established an agreement with Dow Chemical Company in order to act as a distribution partner for its various products such as Walsroder Nitrocellulose and Walsroder NC-Chip products across the U.S. With this agreement, Dow Chemical Company will expand its distribution network. Moreover, ChemSpec's responsibility as Dow's distributor is to expand the distribution channel for small to medium sized manufacturing companies by holding stock for the large user and small scale user.
Competitive Landscape
The Nitrocellulose Market Report analyses the degree of competition among the major players as well as industry growth and market scenario. The Global Nitrocellulose Market comprises of numerous players operating in the market which include large scale and medium size manufacturers. The prominent market players operating in the Global Nitrocellulose 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, 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 Nitrocellulose to meet the growing demand for Nitrocellulose.
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Mono Ethylene Glycol Market 2018: Growth, Top Key Players and Trends by Forecast to 2022

Market Research Future published a Half Cooked Research Report on “Global Mono Ethylene Glycol Market Research Report - Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
The Dow Chemical Company, Reliance Industries Limited., Saudi Basic Industries Corporation, BASF SE, India Glycols Limited, LyondellBasell Industries Holdings B.V., Chemtex Speciality Limited, ExxonMobil Chemical Company, Eastman Chemical Company, Huntsman Corporation LLC. Among others are some of the prominent players at the forefront of competition in the Global Mono Ethylene GlycolMarket and are profiled in MRFR Analysis.
Mono Ethylene Glycol Market – Overview
Mono Ethylene Glycol or Glycol is manufactured industrially from Ethylene Oxide and Ethylene. Mono Ethylene Glycol Market is expected to witness steady growth on account of its significant usage in polyethylene terephthalate as well as antifreeze application. Among application, polyethylene terephthalate (PET) accounted for the largest market share in 2016 and is predicted to retain its dominance over the estimated period due to high demand from packaging industry. Antifreeze segment is expected to witness healthy growth due to increasing aviation industry across the globe. Growing per capita disposable income in developed and developing region coupled with increasing use of packaged products is predicted to propel the growth of the market. Moreover continuous growth of textile industry along with rising consumption of Mono Ethylene Glycol is predicted to drive the demand for Mono Ethylene Glycol Market during the review period.
Geographically, Asia Pacific accounted for the largest market share for Mono Ethylene Glycol followed by North America and Europe in 2016. The Asia Pacific region dominated the Global Mono Ethylene Glycol Market share in 2016 and is expected to witness highest CAGR due to continuous growth of automotive and plastic industries specifically in China, India, Japan, Taiwan, Thailand, Malaysia, and South Korea. Additionally, the growth of mono ethylene glycol is largely driven by their utilization in packaging and textile industries. Furthermore, rising investment by major operating companies and shifting of Mono Ethylene Glycol manufacturing units as well as end use industries growth in this region is estimated to propel the Mono Ethylene Glycol regional market growth. North American market is expected to witness steady growth due to rising number of working professional which has resulted in increasing demand for packaging items and ultimately is expected to rise the consumption of Mono Ethylene Glycol in the upcoming years. Europe is estimated to witness healthy growth on account of rising demand from textile sector. Furthermore, strict regulations regarding the usage of this product has led to increase the innovation and development in this industry. Middle East & African market is estimated to register strong growth due to increasing plastic and packaging industries present in Qatar, Oman, Turkey, the United Arab Emirates, and Saudi Arabia. Market in Latin American countries such as Brazil and Guatemala, and Peru is estimated to register healthy growth on account of rising demand for textile and packaging items.
Industry/ Innovation/ Related News:
April 2017- Indian Oil Corporation Limited planned to expand Paradip Refinery under this, the company will set up a second unit of monoethylene glycol plant which will cost around USD 614 Million. With this expansion the company will able to meet the growing demand from end use industries.
May 2017- ExxonMobil and SABIC signed an agreement to set up a petrochemical complex which include ethane steam cracker having capability of manufacturing 1.8 million tonnes of ethylene per annum, a monoethylene glycol unit, and two polyethylene units. With this expansion the company enhance its presence in Global Monoethylene Glycol Market.
March 2016- EQUATE Petrochemical Company with its subsidiary, MEGlobal planned to construct monoethylene glycol manufacturing unit at Dow’s Oyster Creek site in Texas. Company construct MEG plant to increase its global footprint and enhance its value as leading ethylene glycol producer and supplier. Company will be able to meet the growing demand in U.S. and Asian Market.
August 2016- Lotte Chemical and Axiall planned to set up a MEG plant through a joint venture called LACC LLC with an investment of around USD 1.1 Billion. With this expansion, the company is planning to expand its market basis in the U.S. and Europe.
Competitive Landscape
The Mono Ethylene Glycol Market Report analyses the degree of competition among the major players as well as industry growth and market scenario. The Global Mono Ethylene Glycol Market comprises of various players operating in the market which include large scale and medium size manufacturers. The prominent market players operating in the Global Mono Ethylene Glycol 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, Malaysia, and Japan. Additionally, 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 Mono Ethylene Glycol to meet the growing demand for Mono Ethylene Glycol.
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Synthetic Leather Market 2018: Analysis, Size, Share, Growth and Trends by Forecast to 2023

Synthetic Leather Market – Overview
Synthetic Leather are predominantly used in place of natural leather in many applications. Synthetic Leather Market is estimated to witness moderate growth due to its tremendous usage in automotive as well as construction industry. It find wide application scope in the manufacturing of footwear and carpets or covers which are utilized in cars. Polyurethane based Synthetic Leather product is estimated to grow with the healthy CAGR among the application segment due to its eco-friendly nature as compared to PVC. Among end use industries footwear segment is expected to grow with the highest CAGR due to rising per capita disposable income along with improved standard of living. Furthermore, automotive segment is predicted to grow with the significant CAGR over the forecast period due to the increasing automotive production and sales across the globe along with rising consumption in the manufacturing of seat cover, door cover, and other accessories.
Geographically, Asia Pacific emerged as the largest market for Synthetic Leather followed by Europe and North America in 2016. The Asia Pacific region accounted for largest market share in 2016 and is predicted to dominate in future on account of continuous growth of automotive, footwear, and building & construction industries specifically in China, India, Japan, Vietnam, Thailand, Malaysia, and South Korea. Furthermore, the growth of Synthetic Leather is largely driven by their utilization in passenger cars and other transportation vehicle. Constant increase in the commercial, institutional, and residential construction activities along with rising importance of Synthetic Leather in building & construction industry is estimated to drive the market growth over the estimated period. Furthermore, growing investment by major operating companies and shifting of synthetic leather manufacturing facilities as well as rapidly growing end use industries in this region is predicted to propel the Synthetic Leather regional market growth. North American market is expected to witness moderate growth due to increasing usage in automotive, aerospace, and sports industry. In Synthetic Leather Market, U.S. is followed by Canada in terms of value and volume due to high adoption rate in end use industries. Europe is expected to witness steady growth on account of rising demand from footwear and automotive sector. Middle East & African Market is expected to register strong growth on account of rising construction activities specifically in Qatar, Turkey, the United Arab Emirates, and Saudi Arabia. Latin American countries such as Brazil and Mexico is estimated to register steady growth due to strong automotive manufacturing base.
Industry/ Innovation/ Related News:
July 2017- Anli Group announced to construct a polyurethane leather plant in Binh Duong province, Vietnam. The plant will have a production capacity of 12 million meter/year polyurethane with two dry and two wet production lines. With this expansion the company will be able to strengthen its position among global polyurethane manufacturers.
March 2017- Toray Industries announced to spend USD 276.87 Million for the expansion of its synthetic leather output in Italy. This expansion will help Toray Industries to meet the growing demand for synthetic leather.
April 2016- Teijin Cordley limited a subsidiary of Teijin’s Group announced to launch a new high grade synthetic leather named as Maestley. The company expanded its series of Maestley products by adoption of natural leather processing procedures. With this product launch the company extend its product portfolio and strengthen its position among major operating players in this market.
July 2015- Flokser Group, one of the leading manufacturer of leather and fabric developed artificial leather fabric using bio based materials delivered by BioAmber Inc. and DuPont Tate & Lyle Bio Products. Flosker launched its synthetic leather fabric under its SERTEX brand. This product launch will help company to meet the increasing need of synthetic leather in the market.
Competitive Landscape
The Synthetic Leather Market Report analyses the degree of competition among the major players as well as industry growth and market scenario. The global synthetic leather market comprises of numerous players operating in the market which include large scale and medium size manufacturers. The prominent market players operating in the global synthetic leather 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, 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 synthetic leather to meet the growing demand for synthetic leather.
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Tuesday, 23 January 2018

Soap Noodles Market 2018: Competitors Strategy, Analysis and Growth by Forecast to 2027

Market Research Future published a Half Cooked Research Report on “Global  Soap noodles Market Research Report - Forecast to 2027”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Olivia Impex Pvt Ltd (India), Kerawalla Group (India), Excel Rasayan (India), Royal Chemicals (India), IOI Oleochemicals (Malaysia), Deeno Group (U.S.), Wilmar International Ltd. (Singapore), VVF ltd (India), 3F GROUP (India), and Musim Mas Holdings (India) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global soap noodles market.
Soap Noodles Market   - Overview
The Global Soap Noodles Market is growing with the instantaneous speed; mainly due to the growing consumer goods and chemical industries. According to a recent study report published by the Market Research Future, the global market of Soap Noodles is prospering and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2027).
Globally, the market for Soap Noodles is driven by the region Asia pacific, owing to the growth in the population integrated with changing lifestyles in the developing economies. Soap Noodles is prominently used as a raw material in the production of toilet soaps, bath soap, and others. Soap Noodle imparts superior quality, ease of application and standard performance to the product. Improved standard of living and evolving lifestyles are the major factors behind the growing popularity of product in developed and emerging companies.
Rising consumption of product signifies the growth of chemical industries. Moreover growing industries such as consumer goods, medical and health care provide impetus to the soap noodles market growth.
Soap noodles are mixed with other raw materials to add aesthetic appearance, fragrance, and colouring agents. The chemical sector has observed a higher growth in the market due to extensive use of the product in detergents, industrial soaps, and others. Additionally, the growing investments and rise in the disposable income have resulted into a notable growth in the market for the past few years.
Moreover, the growing consumption of product as toilet soaps, laundry soaps, and others, is set to propel the Soap Noodles Market to achieve a significant growth over the forecast period.
Vegetable oil and tallow are the common raw materials used for the production of Soap Noodles. In a two years’ time, it has found that tallow based products is dominating the market due to its unique features such as good solubility, efficient processing, and excellent moisturising benefits.
Therefore, herbal soaps, moisturizing soaps, and others are most widely used in developed countries owing to growing personal care concerns and their production is set to grow at a rapid rate due to its cost effective nature in end-use industries.
Soap Noodles Market   - Competitive Analysis
The Soap Noodles Market appears to be competitive with the presence of several large and small players operating in the market. These key players compete with each other’s on the basis of composition, price, technology and innovation. Soap noodles market is set to grow at a higher rate which is likely to attract many participants to the market resulting into healthy competition in the future. Manufacturers functioning in the Soap Noodles Market are struggling to respond to growing demand for the product from consumer goods, chemical, and other sectors. They ensure to deliver the best quality products based on innovative technologies, solutions, and best practices.
Industry/ Innovation/ Related News:
6 March 2015 – Musim Mas holdings (Singapore), one of the leading manufacturers of soap noodles, declared that the company has signed an agreement to collaborate with Genetic Plantations, Berhad to start a palm oil refinery in Palm Oil Industrial Cluster (“POIC”), lahad Datu, Sabah. As a part of this agreement, Musim Mas group has acquired interest of 28% in Alfa Raya Development Sdn Bhd and genetic plantations holds the major portion. This collaboration has cemented Musim Mas holdings’ position as the leading manufacturer of downstream products. Due to this investment, the market is set to be propelled by the extensive consumption of RBD (refined, bleached and deodorized) palm oil in manufacturing and fabrication of Soap Noodles products such as translucent soaps, medicated soaps, and others.
Soap Noodles Market   - Regional Analysis
Geographically, Asia-Pacific region holds the majority of Global Soap Noodles Market. China is leading the market owing to growing health awareness concerns coupled with rapid urbanization in the country. Increasing consumption of Soap Noodles in household use, special purpose soaps, industrial use, consumer goods, chemical industries, and others has boosted the market demand in China, India, Japan, Malaysia, Indonesia and Philippines. North America has witnessed a significant growth in the market due to growing production of the product in end-use industries. The market in the European region has received a good growth due to unique features offered by the product such as consistent composition, good quality, bio compatible nature, and others.
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PVC Pipes Market 2018: Analysis, Key Players, Trends and Forecast 2023

Market Research Future Published a Half Cooked Research “Global PVC Pipes Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.
China Lesso Group Holdings Ltd. (China), Finolex Industries (India) Astral Polytechnik Limited(India), Polypipe Plc (UK), Advanced Drainage Systems, Inc. (US), Amanco (Brazil), National Pipe and Plastics, Inc. (US), Egeplast A. S (Turkey), among others are some of the prominent players at the forefront of competition in the Global PVC Pipes Market and are profiled in MRFR Analysis.
PVC Pipes Market–Market Overview
According to some leading research institutes the Global PVC Market is estimated to register over USD 70 Million by the end of 2023, expanding at a CAGR of 6 %. Globally, PVC pipes & fittings hold the largest chunk of the overall demand of PVC. Almost 70% of the demand for PVC pipes and fittings stems from the agriculture sector (including irrigation and water supply). The remaining 30% is accounted for by the building sector (plumbing, sewage pipes and drainage). Rapidly increasing world population fuelling urbanization, industrialization and infrastructural development is a primary factor driving growth of the global PVC pipes market. Additionally the inception of innovative technologies and efficient agricultural practices is anticipated to drive demand of PVC pipes in these applications. PVC pipes are the leader among other types of plastic pipes owing to the easy installation and low maintenance.
PVC Pipes Market- Competitive Landscape
The Global PVC Pipes Market is a highly mature market driven by flourishing growth in building & construction industry, along with the rising technological advancements in irrigation sector China Lesso Group Holdings Ltd, Finolex Industries,  Astral Polytechnik Limited, Polypipe Plc., Advanced Drainage Systems, Inc, Amanco, are the leading manufacturers in this market. Almost all of these market participants are adopting the expansion and product launch tactic of their production capacities to strengthen their market position. Growing construction industries, and continuous collaborations and agreements between manufacturers, distributers, and marketing firms, along with rapid R&D activities are key market forces operating in the market for the growth of the demand for PVC Pipes. Taking all these trends, the Global PVC Pipes Market is likely to witness considerable competition due to easy entry of competitors over the forecast period of 2017-2023.
Industry/ Innovation/ Related News:
July 25, 2016- Finolex Industries, the largest PVC Pipes & Fittings manufacturer in the farm sector, which holds about 70 % share of the organized market sector in India, has set a USD 1 billion revenue target and to double its capacity by 2020. The company has focused on non-agricultural sector to achieve this target. This development is expected to drive growth the market for PVC in construction sector in Asia Pacific.
February 16, 2017- The US-based Lubrizol Corporation, one of the leading global manufacturers of chlorinated polyvinyl chloride (CPVC) compound, collaborated with India-based PVC pipes & fittings manufacturer Finolex Industries Limited for the manufacturing & sale of Finolex FlowGuard Plus pipes and fittings in India. The product was launched by Finolex Industries Limited in the last week of March 2017. This will cater to the building and construction industry during the forecast period.
August 3, 2016- The Chlorinated Poly Vinyl Chloride (CPVC) pipes maker, Astral Poly Technik Ltd, announced a strategic tie-up with Japanese Sekisui Chemical Co Ltd to source CPVC resin for hot and cold water plumbing systems. The product so manufactured is intended to cater industrial carrier systems. This development is anticipated to widen the scope of applications for the PVC pipes.
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Ethylene Dichloride Market2018: Analysis, Segments and Trends by Forecast to 2023

Market Research Future published a Half Cooked Research Report on “Global  Ethylene Dichloride Market Research Report - Forecast to 2023”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Olin Corporation (U.S.), Formosa Plastics Corporation (Taiwan), Westlake Chemical Corporation (U.S.), Axiall Corporation (U.S.), Occidental Petroleum Corporation (U.S.), PPG Industries (U.S.), The Dow Chemical Company (U.S.), PT Asahimas Chemical (Indonesia), DuPont (U.S.), and Punjab Chemicals & Crop Protection Limited (Punjab) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global ethylene dichloride market.
Ethylene Dichloride Market   - Overview
The Global Ethylene Dichloride Market is growing with the rapid pace; mainly due to the growing automotive and construction industries. According to a recent study report published by the Market Research Future, the global market of ethylene dichloride is prospering and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).
Globally, the market for Ethylene Dichloride is driven by the region Asia pacific, owing to the growth in the population resulting into an increase in the number of reduced vehicles on road. Ethylene Dichloride is widely used in the production of polyvinylchloride (PVC) pipes, furniture, wall coverings, automobile holster, parts, and others. Ethylene dichloride imparts strength, flexibility and standard performance to the product. Paramount environment concerns are prompting the manufacturers and investors to shift their focus from heavy metals to low density materials.
Rising consumption of product signifies the growth of automotive industry. Moreover growing industries such as consumer goods, medical and health care provide impetus to the Ethylene Dichloride Market growth. Owing to these factors, automotive and construction industries are expected to continue its increasing growth over the assessment period.
Vinyl chloride monomers and ethylene amines are used as refrigerants and inhalational anaesthetic in various end-use industries. The medical sector has observed a higher growth in the market due to extensive use of low density materials in drug delivery systems, disposable devices, and others. Additionally, the growing investments and rise in the disposable income have resulted into a notable growth in the market in the last couple of years.
Moreover, its toxic nature and volatile emissions offered by the product are hampering the growth of ethylene dichloride in the market.
Ethylene Dichloride is widely used as a raw material in the production of vinyl chloride monomers and these monomers are utilized to manufacture polyvinylchloride resins. It is also utilized as an intermediate in the production of chlorinated and fluorinated compounds Ethylene dichloride is used in automotive, construction, packaging, furniture, medical, and others.
Vinyl chloride monomers and ethyl amines are most widely used in automotive, construction industries and their demand is set to grow at a rapid rate due to its cost effective nature in end-use industries.
Ethylene Dichloride Market   - Competitive Analysis
The Ethylene Dichloride Market appears to be competitive with the presence of several large and small players operating in the market. These key players compete with each other’s on the basis of price, quality, technology and innovation. Ethylene Dichloride Market is set to grow at a higher CAGR which is likely to attract many entrants to the market resulting in to strong competition in the future. Manufacturers operating in the Ethylene Dichloride Market are striving their best to respond to the growing demand for lightweight materials from automotive, construction, and other sectors attributed to an increase in research & development activities. They ensure to deliver the best quality products based on innovative technologies, solutions, and best practices.
Ethylene Dichloride Market   - Regional Analysis
Geographically, Asia-Pacific region holds the majority of Global Ethylene Dichloride Market. China is the leading country in the market owing to rapid urbanization coupled with extensive use of plastics in heavy end-use industries. Increasing demand for Ethylene Dichloride in packaging, construction, consumer goods, buildings & construction, and others has boosted the market demand in China, India, Japan, Malaysia and Thailand. North America has witnessed a significant growth in the market due to growing demand for the product in plastic and rubber industries. The market in the European region has received a good growth due to implementation of rules and regulations to follow light weight products in automotive, construction, packaging, and others.
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