Synthetic Lubricant Market Analysis, Size, Share 2023

Synthetic Lubricant Market Overview

Global Synthetic Lubricant Market Information-by Types (Silicones, Esters, PAO, PAG, and Others), by Application (Engine Oil, Process Oil, Hydraulic Oil, Marine Lubricants, Metal Working Fluids, and Others), by End user (Automobile, Construction, Power & Energy, Mining, Oil & Gas, Food Processing, and Others) and by Region - Forecast till 2023

The Global Synthetic Lubricant is expected to witness a significant growth of USD ~ 39.34 billion by 2023 with CAGR of ~3.2% between 2016 and 2023

Synthetic lubricant consisting of chemical compounds which are artificially made, it is used as alternative for petroleum-refined oils when working in high temperature. Synthetic lubricants can be manufactured using chemically modified petroleum components rather than whole crude oil, but can also be synthesized from other raw materials.

Synthetic lubricant has found in various applications such as engine oil, process oil, hydraulic oil, marine lubricants, metal working fluids, and others. Increasing in demand of automotive is likely to drive the global synthetic lubricant market share growth. The growing automobile, construction and power & energy industry on account of developing domestic as well as commercial market particularly in Asia-Pacific, North America and in Europe region has boosted the global synthetic lubricant market over the forecasted period.

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Asia Pacific is the largest synthetic lubricant market due to demand in various applications such as automotive, construction, and power & energy in China region followed by Japan. Increasing demand for automobile in the India, Taiwan, and South Korea has made Asia Pacific largest consumer of the global synthetic lubricant market followed by increasing in the consumption of synthetic lubricant market in North America region. The third largest market of synthetic lubricant is Europe. Latin America and Middle East also witnessed in growth of synthetic lubricant market due to various application such as automobile, construction, power & energy, mining, oil & gas, food processing, and others.

The global synthetic lubricant market is majorly segmented on the basis of types, application, end users and region. Based on types of synthetic lubricant the market is segmented into silicones, esters, polyalphaolefin (PAO), polyalkylene glycol (PAG), and others (alkylated aromatics, Polybutenes). Based on application of synthetic lubricant the market is segmented into engine oil, process oil, hydraulic oil, marine lubricants, metal working fluids, and others (compressor oils, gear oils, synthetic greases oils). Based on end user the market segmented into automobile, construction, power & energy, mining, oil & gas, food processing, and others (turbines, vacuum pumps, soap & paint industries). Furthermore, based on region, market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.

Synthetic Lubricant Market Key Players

Key players of the global synthetic lubricant market are Exxon Mobil Corporation (US), The DOW Chemical Company (US), Fuchs Petolub SE (Germany), Total Lubricants (Europe), Demitsu Kosan Co. Ltd (Japan), BP PLC (US), Chevron Corporation (US), Lubrizol Corporation (US), Pennzoil (US), Petroliam Nasional Berhad (Malaysia), and Others.

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Epoxy Composite Market Analysis, Size, Share 2023

Epoxy Composite Market Insights

Increasing wind power facilities in the developing countries, increasing use in structural applications, especially in space and defense sectors, the requirement for lightweight fuel-efficient car materials due to growing environmental, as industry demand increases are projected to drive the global epoxy composite market. Market Research Future projected that the global epoxy composite market is predicted to grow at an exponential growth with attaining the valuation of USD 38.194666 billion during the forecast period, 2016-2023.

Growing use in the sporting goods industry for the manufacture of products such as golf sleeves, fishing rods, bicycles, and tennis rackets, increasing construction activities, increasing demand for cars and commercial aircraft, especially emerging economies, lifestyle changes, economic development, rapid industrialization, emphasis on the growth of technological innovations and the increased R&D activities is anticipated to drive the global market.

Wind turbine manufacturers prefer lightweight materials such as epoxy composites to manufacture wind turbine parts such as wind turbine blades, gondolas, and hubs. The epoxy compound replaces the use of outmoded materials such as alloys and metals in wind turbines owing to its superior mechanical characteristics. Wind turbine parts require less maintenance and a high strength-to-weight ratio, which is attained with an epoxy compound. Lightweight materials increase the efficiency and performance of wind turbines by increasing blade length.

On the contrary, factors such as recycling problems, combined with high volatility in commodity prices, are anticipated to restrain the growth of the epoxy composites market over the forecast years.

Regional Insights

Asia Pacific region is the largest epoxy composites market due to demand for various applications such as automotive, transportation, aerospace, and defense in the China region, followed by Japan and Japan. India. With growing demand from the automotive, aerospace, and construction sectors in India, Japan, and South Korea, Asia Pacific is the largest consumer in the global epoxy composites market, followed by an increase in consumption in the epoxy composites market in North. America.

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Epoxy Composite Market Segmentation

The global epoxy composite market is majorly classified based on type and end-users.

Based on type, the global market is diversified into carbon epoxy composite and glass epoxy composite. Of these, the epoxy glass composite segment will represent the largest market share and is likely to grow faster during the forecast years owing to the high demand for epoxy compounds in a variety of industries comprising tanks, pipes and, electrical and electronic systems, and wind power, other fabrication operations.

Based on end-users, the epoxy composites market size is classified into the construction, automotive, sporting goods, electronics, aerospace and defense, transportation, and other industries. Others include oil, gas and wind industries. Of these, the wind sector is predicted to have the largest market share over the forecast years due to the increasing wind power capacity in the APAC region, mainly in China. Also, the attractive benefits of epoxy composites such as strength, lightness, and durability have contributed to increasing the efficiency of wind turbines. As a result, the use of epoxy composites in the wind power industries has augmented.

Epoxy Composite Market Major Players

Some of the leading players contributing to the growth of the global epoxy composite market include Axiom Materials, Inc., Cytec Solvay Group, Hexcel Corporation, Koninklijke Ten Cate nv., Toray Industries, Teijin Limited INC., Mitsubishi Rayon Co. Ltd., Gordon Composites, Inc, Rotec Composite Group B.V., and SGL Group

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Global Titanium Dioxide Market In-Depth Analysis 2023

Titanium Dioxide Overview:

Titanium dioxide is the result of a natural oxidization and is available in three forms like anatase, rutile, and brookite. The compound is one of the whitest materials on earth that finds prolific utility as pharmaceuticals, paints, coatings, cosmetics, plastics, paper, foods, and various other. This is expected to drive the global titanium dioxide market ahead with a 14.28% CAGR during the forecast period (2016-2023). Market Research Future (MRFR) reveals a possibility for the market to attain USD 44.954 billion by the end of 2023.

Factors to impact the global titanium dioxide market are end-users like automobile and construction industries that can substantially pull the market ahead. On the other hand, its highest refractive index makes it the choicest preference for a lot of companies. However, its carcinogenic properties and volatile prices can deter the expected market growth.   

Segmentation:

MRFR has made an in-depth analysis of the global titanium dioxide market trends to unravel the potential of several factors that are expected to support the market in the future. The process includes a detailed segmentation comprising application and end users.

Based on the application, the global titanium dioxide market share can be segmented into coatings, plastics, paints, paper, photo-electrode, pigment, food additives, cosmetics, and others. In many industries, titanium dioxide is gaining easy access due to its wide-scale utility as coatings. It has found a way in to the cosmetics industry in recent times and the segment is expected to fetch in considerable revenue. 

Based on the end-user, the titanium dioxide market includes automotive, personal care, construction industry, pharmaceutical, food & beverages, and others. The automotive segment is expected to provide robust traction as titanium dioxide is pervading the market as a good coating of metals.

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Competitive Landscape:

A number of companies are showing their keen interest in the global titanium dioxide market. Their strategic moves are expected to bolster the holistic growth of the market. These companies have been profiled by MRFR for a thorough study of the probable trends that can impact the market in the future. These companies are Tronox Limited (US), DuPont (US), The Chemours Company Chemours (US), CRISTAL (Saudi Arabia), Shandong Doguide Group Co., Ltd (China), NL Industries, Inc (US), Huntsman International LLC. (US), Argex Titanium Inc. (Canada), Tayca Corporation (Japan), Evonik Industries (Germany), and others.

Regional Analysis:

North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa (MEA) are four distinct regions that have been included in a geographical study of the global titanium dioxide market. This region-specific analysis has its focus set on revealing growth pockets that can be beneficial for the expansion strategies of various companies.

The APAC market is the largest region-specific market with high tractions from various end-user segments like construction, automobile, pharmaceuticals, and others. Its diverse application like paints, plastics, photo-electrode, pigment, paper, and others find easy ingress path in the region due to the ongoing revamping of industrial sectors across emerging economies. China has the upper-hand in the market and Japan closely follows their lead.

Europe is ranked second in the global study of the titanium dioxide market. This is primarily due to the robust automobile industry and remarkable personal care industry. North America stands in the third place with its construction industry to back up the regional need for titanium dioxide market. In the region, the USA and Canada are doing extremely well as they host a large number of market titans. Latin America and Middle East can rely on titanium dioxides applications as additives, pigment, paper, cosmetics, and others.

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Anthracite Market Analysis, Size, Share 2022

Anthracite Market Highlights

Anthracite is a low volatile and high fixed carbon, which used in various industrial application such as fuel, steel making, sinter plants, indurating furnaces, furnace Anthracite replacement, and others. The main application of anthracite is as fuel, in steel industries, energy & power.

Anthracite is the high-level ranking coal because it is rigid, carbon concentrated, has less moisture content, and burns efficiently than other coals. Due to its excess carbon storage and low volatiles, anthracite is more reactive and efficient with respect to energy released than the lower–ranked coals and consequently has a lower environmental impact due to the lower greenhouse gas emissions.

Urbanization of the emerging economies is resulting in the largest migration of people in human history. The infrastructure required to support the resulting rapid growth is creating unprecedented demand for steel and the anthracite coal needed to produce it. Combined with declining coal reserves it is expected that there will be long-term global shortage of metallurgical coals. Approximately 500 million tons of new annual metallurgical coal production will be required by the end of the decade to service the growth in demand.

Anthracite Market Regional analysis:

The global anthracite market is classified on the basis of mixed geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Anthracite market is largest market owing to robust industry growth of application industry in China, Japan and India.

At a time Vietnam and Ukraine were the biggest exporters of anthracite are quickly decreasing from the market with their combined exports. The rapid decrease in anthracite exports appears unable to be supplied from other major exporters in Russia and South Africa, resulting in a tight supply and demand dynamic, creating a strong price environment.

China is major dominating country owing to large scale production of end user industries such as metallurgy and power & energy. Russia led to the second position in terms of producing anthracite followed by Ukraine, Vietnam, Korea, South Africa, US, and others. While the major exporter of anthracite in decreasing order are Vietnam, Russia, China, North Korea, South Africa, US, Germany, UK, and others. On the other hand the major importers of anthracite in decreasing order are China, Japan, South Korea, France, Belgium, Bulgaria, Brazil, and others.

Mining of high-quality anthracite occurs mainly in China, Russia, South Africa, Ukraine, the United States and Vietnam. There is sizeable production in some western European countries, but the quality is primarily suitable only for power generation. In terms of exporting, countries such as Russia and Ukraine have become the dominant suppliers to world markets over the past seven years due to their lower production costs. In Asia, Russia is constantly replacing China and Vietnam in various markets. In the western region, Ukraine is becoming the important anthracite supplier.

Russia has emerged in recent years as the key anthracite supplier to Europe and other markets around the world. Production in Ukraine has been affected by the conflict in the east of the country since 2014 but may recover from now on. Vietnam’s position as world supplier is continuous decaling due to its high cost producing charges. Other sources such as South Africa and the United States focus primarily on their domestic markets, with small exports.

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Key Players

Key players of the global Anthracite industry are:  Blaschak Coal Corporation (US), Lehigh Anthracite (US), Atlantic Coal Plc. (UK), Atrum Coal Ltd (Australia), Celtic Energy (US), Vietnam National Coal-Mineral Industries Group (US), Sadovaya Group (Europe), Vostok Coal (Russia), Siberian Anthracite (Russia), Robindale Energy Services, Inc. (U.S) and others.

Segmentation

The global Anthracite market is majorly segmented on the basis of application, end users and region. Based on application of Anthracite the market is segmented into fuel, steel making, sinter plants, indurating furnaces, furnace coal replacement, and others. Based on end user the market segmented steel , energy & power, bricks, silicon & glass, synthetic fuels, others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

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Monosodium Glutamate Market Analysis, Size, Share 2022

Monosodium Glutamate Market Overview:

The Global Monosodium Glutamate is expected to witness a significant growth of USD 6,200 Mn by 2022 with CAGR of 4.9% between 2018 and 2022.

The major driving factors of monosodium glutamate market forecast are growing demand from food industries In addition, the increasing demand from the food, pharmaceutical is expected to fuel market growth of monosodium glutamates in near future. Health issues due to consumption of monosodium glutamates are expected to hamper the growth of monosodium glutamates.

Monosodium glutamate, which is an amino acid with the linear formula C5H8NNaO4 • H2O is an important industrial chemical to enhance flavor of foods monosodium glutamate commonly used in fast foods. It is available in powder as well as in granules form.

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Monosodium Glutamate Market Segment Analysis

The global monosodium glutamate market has been segmented into application and end use industries. On the basis of application, the market has been divided into additives, flavor enhancers, acidity regulators, preservatives, and others. Among these applications, additives and flavor enhancer have cover the largest market followed by acidity regulators, preservatives, and others. In 2015, additives as in application accounted the market share of 28% whereas flavor enhancer acquired 24%. Geographically, Asia-Pacific is estimated to be the largest market in terms of value and volume. The dominance of China in APAC as well as global market is fueling the global demand. Moreover, Europe and North American market would be a small market for MSG which consumes combines 15% of the total market.

Monosodium Glutamate Market Key Players:

Market Research Future (MRFR) recognizes the following companies as the key players in the global monosodium glutamate market report: Fufeng Group (China), AJINOMOTO Co.Inc.(Japan), Vedan International (Holdings) Limited. (Hong Kong), Ningxia Eppen Biotech Co. (China), KYOWA HAKKO BIO CO.LTD. (Japan), Shandong Linghua MSG Co., Ltd (China), Shandong Qilu Biotechnology Group (China), Shandong Shenghua Group (China), Jianyang Wuyi MSG Co. Ltd. (China)and others.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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PVC Pipes Market Global Industry Analysis and Forecast 2023

PVC Pipes Market Overview

The global PVC pipes market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 7.13 % during the forecast period (2016-2023).

The pvc pipes market has witnessed a tectonic surge over the past few years across the global market. The recent boom in the construction industry, coupled with rapid urbanization are some of the key factors aiding revenue growth of the market. The building and construction industry include commercial, residential, industrial, and commercial sectors. The industry is estimated to expand at a steady pace, and thus the demand for raw materials has increased. Pipes are crucial parts of the building and construction industry and find application in wastewater drainage systems, water pipelines, HVAC systems, gas pipelines, and others. Such factors are likely to promote the market growth across the globe.

On the contrary, surge in plastic waste is likely to restrict the market growth across the globe. Due to the ever-increasing population, rising use of daily products, growth in population, and the development of various forms of composites and plastics, the quantum of solid waste are on the rise. Plastic waste decomposes slowly and remains unburied for decades. It gets carried away with wind and water and adversely affects the ecology. Countries across the world have set mandates to control plastic waste and encourage reuse of plastic. Such regulations prove to be a restraint to produce plastic. With the rising plastic waste and strict mandates regarding plastic production, the PVC pipes market will experience a slowdown.

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Competitive Dashboard

The top players operating in the PVC pipes market include China Lesso Group Holdings Ltd. (China), Astral Polytechnik Limited (India), Advanced Drainage Systems, Inc. (the US), Polypipe Plc (UK), National Pipe and Plastics, Inc. (US), Amanco (Brazil), Egeplast A. S (Turkey), and others.

Global PVC Pipes Market: Segmental Analysis

The PVC pipes market report has been segmented on the basis of types, application, and end user.

Based on the type, the PVC pipes market is segmented into plasticized, post chlorinated, and unplasticized.

The application segment comprises plumbing, sewerage, oil & gas, water supply, irrigation, and others. Of these, the PVC pipes are highly consumed by the sewerage application due to the recent boom in the construction industry.

By end users, the PVC pipes market is segmented into housing, agriculture, telecom industry, building & construction, and others. The building & construction and housing industries, including applications such as plumbing, sewerage, and water supply will continue to drive the market in the segment. PVC pipes used in the building & construction industry is mainly for the construction of plumbing, sewerage, and water supply.

Regional Frontiers

Geographically, the PVC pipes market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, the Asia Pacific is likely to lead the regional market, with China being the largest consumer and producer of PVC pipes. The soaring demand from the building and construction industries, coupled with the rapid urbanization and industrialization in the region are some of the primary growth stimulants of the market. Mounting demand for PVC pipes in several applications like plumbing, sewage, oil & gas, water supply, irrigation, and others will promote the market growth. The surging demand from building & construction, agriculture, housing, and telecom industry, in countries like India, China, and Indonesia have further influenced the market growth to a large extent. Significant investments made in the chemical and agricultural industries have a positive impact on the overall market, thereby influencing its growth in the region. China dominates the regional market in terms of commercialization and demand for PVC pipes and fittings. Moreover, the existence of industry bigshots like Tessenderlo Group, China Lesso Group, Advanced Drainage Systems, Sekisui Chemical, Egeplast GmbH, Finolex is contributing to the market’s growth.

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Transformer Oils Market Analysis, Size, Share 2023

Transformer Oil Market Overview:

The global market for transformer oils can be seen rising up to a valuation of USD 4,002.8 million by 2023 with an impressive 8.63% CAGR between 2015 and 2023, which has been considered by Market Research Future (MRFR) as the forecast period. Transformer oil can be defined as an insulating oil that acts as a coolant in an electrical transformer. The manufacturing process of the transformer oil creates demand for crude oil that needs a proper fractional distillation process. These oils are popular for their ability to provide better di-electricity, excellent resistivity, high thermal conductivity, prevent power loss, and provides chemical stability. 

The major driver providing thrust top the market for transformer oils is the increasing number of power grids in the Asia Pacific region where developing countries are investing much to capitalize on the growth. Industrial reforms are creating this demand for power. Also, the surging population in urban areas and the development of new urban spaces are promoting the demand for constant power supply. In addition, the transforming lifestyles are promoting high ingress of high-tech electronic devices that can be taken into consideration that can trigger better growth for the transformer oils market.

Segmentation:

The market reading of the transformer oils relies on a segmentation that includes type and application. Inclusion of various potential factors with the ability to provide a tailwind to the growth of the market and proper value and volume-based analyses are empowering the outcomes of the segmentation.

By type, the transformer oils market share can be segmented into bio-based oil, paraffinic oil, naphthenic oil, and silicone oil. The naphthenic oil has better growth potential and it can surge from its present 48% market share to a new height with increasing transformer oil sales revenue.

By application, the market for transformer oils can be taken into consideration on the basis of a study of small transformers, large transformers, utility & others. Increasing demand for power and its uninterrupted supply is expected to promote the intake of transformers oil.

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Regional Analysis:

The global transformer oils market analysis report on the has included Asia Pacific, North America, Europe as major contributors. The market would witness a moderate rise in the Latin American market and the market from the Middle East & Africa (MEA).

The global market is getting led by the Asia Pacific region where countries ike India and China are promoting growth. Growth in the intake of grids to supply power to the rising population in urban areas and industries can back the market proceedings in the region. The regional market has a coverage of around 37.63% of the in 2016, and the CAGR would be 10.57% during the forecast period. India and China are showing high possibilities for growth. China’s industrial development can inspire growth.

With 30% market coverage, North America has the second position in the market. The regional market would find the US and Canada as leading revenue-providers. In Europe, the market would be similar as several market dynamics are quite common.

Competitive Landscape:

The market for the transformer oils can find better growth opportunities with the tactical moves initiated by various companies. These companies are included in the MRFR report for a better understanding of how the market is going to fare in the future. MRFR’s analysis includes Calumet Specialty Products (U.S.), Nynas AB (Sweden), Ergon Inc. (U.S.), PetroChina Company (China), APAR Industries Limited (India), Cargill Inc. (U.S.), Sinopec Group (China), Hydrodec Group Plc. (U.K), Valvoline Inc. (U.S.), Engen Petroleum Limited (South Africa), Gandhar Oil Refining (India), San Joaquin Refining (U.S.), and others. The tactical moves initiated by these companies can impact the global market substantially.

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Biodegradable Plastics Market Analysis, Size, Share 2022

Biodegradable Plastics Market Overview

The global biodegradable plastics market is expected to reach a valuation of USD 16.8 billion by 2022, according to the latest research report from Market Research Future (MRFR). The global biodegradable plastics market is expected to exhibit a strong 8.4% CAGR over the forecast period from 2016 to 2022.

The global biodegradable plastics is mainly driven by the growing awareness about the ecological damage caused by the growing volume of plastic waste and the increasing government interventions in the area to offer solid support to efforts that aim to resolve the issue of plastic pollution at its roots. The discovery of biodegradable plastics dates back to the 1970s, since when the development of the biodegradable plastics has steadily gained steam as the world’s consumption of plastic materials has grown exponentially over the same time period. The growing volume of plastic waste has bent governments as well as public will, particularly in developed areas of the world, to take concrete steps towards eradicating the problem.

Governments all over the world are funding research efforts into the production of biodegradable plastics, as they look to use human ingenuity to resolve a human-caused problem. This is likely to be a major driver for the global biodegradable plastics market over the forecast period, as groundbreaking research is expected in the area of biodegradable plastics in the coming years.

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Competitive Analysis:

Leading players in the global biodegradable plastics market include BASF SE, Biome Technologies PLC, NatureWorks LLC, FKuR Kunststoff GmbH, Cereplast Inc., Plantic Technologies Ltd., Cardia Bioplastics Limited, BIO-ON, Mitsubishi Chemical Corporation, and Corbion. Corbion, NatureWorks, and BASF are likely to hold on to major shares in the global biodegradable plastics market over the forecast period.

Setting up research efforts into developing biodegradable plastics in collaboration with universities and other research institutes is likely to be a popular strategy for players in the global biodegradable plastics market over the forecast period. In April 2019, Hanwha Chemicals established a research center along with Yonsei University to work on developing a wide range of eco-friendly technologies. Biodegradable plastics are expected to be a flagship project for the center.

Segmentation:

Based on product type, the global biodegradable plastics market analysis is segmented into polyhydroxyalkanoates (PHA), polylactic acid (PLA), polybutylene succinate (PBS), polycaprolactone (PCL), starch-based plastics, and regenerated cellulose. PLA-based biodegradable plastics are likely to dominate the global biodegradable plastics market over the forecast period due to the ease of developing them in comparison with other types of biodegradable plastics and their easy utility in the packaging industry.

By application, the global biodegradable plastics market is segmented into packaging, injection molding, agriculture, textiles, and others. The packaging industry is likely to dominate the global biodegradable plastics market over the forecast period due to the large volume of the demand for plastics from the packaging industry.

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Coil Coating Market Size, Share and Global Industry Report 2022

Coil Coatings Market Overview:

Coil Coatings Market was UDS 4.3 Billion in 2017 and is expected to grow at USD 7.6 Billion in 2022 with estimated CAGR of 6.1% between by 2018-2022.

Coil Coating Market is growing with the impulsive pace; mainly due to the proliferation of construction industry. The global construction market is anticipated to increase at a faster growth than world GDP over the forecast period owing to the Asian economies continue to industrialise and coupled with US recovers from the sharp downturn during the global financial crisis. According to a recent study report published by the Market Research Future, the global market of Coil coating is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2018 – 2022).

Coil Coatings advanced layer coating used to coat materials such as metal sheets, tin, steel and aluminium. Coil coatings is extensively used in construction and automobile sector owing to superior properties such as corrosion resistance, UV protection, high tensile strength and good adhesion property. Currently, growing non-residential construction activity such as large factories, industrial sites has boosted the demand for coil coating market to sustain the harsh weather conditions. The global infrastructure expenditure is expected to reach USD $ 5 trillion over the forecasted period.

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Coil Coating Market Key Players:

Coil Coating Market Major Role Players are; Akzo Nobel N.V. (the Netherlands), Kansai Paint Co., Ltd. (Japan), BASF SE (Germany), E. I. Du Pont De Nemours and Company (U.S.), PPG Industries, Inc. (U.S.), The Valspar Corporation (U.S.), Henkel AG & Co. KGaA (Germany), The Sherwin-Williams Company (U.S.), Wacker Chemie AG (Germany), and The Chemours Company (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Coil coating Market.

Coil Coatings Market Segmentation:

Coil Coating Market share is majorly segmented on the basis of resin type and end user industry. Based on resin type, Coil Coating market is segmented into polyester, polyvinylidene fluorides (pvdf), polyurethane, silicone modified polyester and plastisol. Based on end user industry of Coil Coating, the market is segmented into Construction, Automotive, Electrical & Electronics, Consumer appliances, Others.

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Bio Alcohol Market Analysis, Size, Share 2022

 Bio Alcohol Market Overview

The global bio-alcohol market could achieve a high growth pace of 8.8% during the forecast period (2016-2022), reports Market Research Future (MRFR). It is expected to reach the valuation of USD 110 billion by 2022, backed by rising scarcity of non-renewable resources as well as fluctuating prices of crude oil.

Market Drivers and Key Barriers

An increasing pressure to strike a balance between consumption and fuel supply has been noted around the world. With the rising rate of consumption, the strain on the environment is growing, which gives rise to extraction and exploration rates of crude oil. Surge in carbon emissions hinders the desire to sustain a healthy life as well as a balanced ecosystem.

Bio-alcohol comes into the picture backed by a host of benefits, especially when compared to conventional fuels. This factor is creating accelerated demand for the product in the market. Similar to various bio-based fuels, bio alcohol’s high demand comes from the fact that it is renewable and doesn’t leave much carbon footprint compared to crude-oil-based fuels. At present, a large number of bio alcohol producers make use of organic waste like biomass and other types of feedstock. The market could expect significant boost from the rising production rates on account of emergence of advanced technologies. With these technologies becoming commercially available, the global bio alcohol market could grow at an accelerated pace.

The bio alcohol market also benefits from the shortage of fossil fuels and the rising pollution level. Other than this, with bio alcohols’ power potential being high, its use is rising at a significant rate.

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Market Segmentation

The bio-alcohol market share is segmented on the basis of type and application.

The types of bio-alcohol are Bioethanol, Bio-Methanol, Biobutanol, And BDO.

Application-wise, the market has been considered for infrastructure, transportation, medical, power generation and others.

Regional Insight

From a regional perspective, Asia Pacific, North America, Middle East and Africa and Europe are the key markets for bio-alcohol.

North America seizes the biggest share of the worldwide bio alcohol market. The United States (U.S.) leads the regional market backed by the rising adoption of biofuels in external combustion engines as well as power generation systems. Surge in consumption of bio-alcohol in alcoholic beverages, transportation, pharmaceutical and cosmetics industries has raised the product demand in Mexico and Canada.

Asia Pacific bio-alcohols market’s high growth pace from 2016-2022 is the result of the vigorously expanding transportation sector. Transportation sector is predicted to be the largest market, with context to revenue on account of the increasing use of bio-based fuels. China is evaluated to be the highest gaining market in the region, backed by the rising demand in the automotive industry. Stringent national regulations with regard to fuel consumption as well as CO2 emission from the transportation sector stimulates market growth in the region.

The bio-alcohol market in Europe is shaping up quite lucratively owing to the rising scarcity of non-renewable resources as well as unstable prices of crude oil. Bio-fuels find widespread demand in the region on account of the expanding population and subsequent growth in the demand for vehicles. With continuous advancement in technology, use of cellulosic biomass is rising within the industrial sector. This could be another critical factor driving future market growth.

Top Players

Mitsubishi Chemical Corporation (Japan), Cool Plant Energy Systems (U.S.), DowDuPont (U.S.), POET, LLC (U.S.), Cargill, Incorporated (U.S.), INEOS (Switzerland), BP Biofuels Advanced Technology Inc. (U.S.), Mascoma LLC (U.S.), Myriant Corporation (U.S.), CropEnergies AG (Germany) and Abengoa Bioenergy S.A (U.S.), are some of the esteemed players enlisted by MRFR as the frontrunners in the worldwide bio alcohol market.

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Diethylenetriamine Market Share, Global Industry Forecast 2022

Diethylenetriamine Market Overview

The global diethylenetriamine market is projected to have a substantial growth at a promising CAGR over the predicted years (2016-2022). Diethylenetriamine or DETA is a colorless hygroscopic liquid and an organic compound that is soluble both in polar organic solvents and water but not in case of hydrocarbons. It is the structural equivalent of the diethylene glycol having similar chemical properties as that of ethylene diamine. DETA is produced together with ethylene diamine where ethylene dichloride being utilized as the raw material. It is also known by another name 2,2’ Iminodi (ethylamine). DETA is a toxic chemical which can get absorbed in the body through inhalation of vapors, ingestion or through the skin. The resulting symptoms will be dyspnea, skin mucous or irritating eye. Diethylenetriamine can be combustible especially at high temperature thereby producing undesirable and harmful products namely nitrogen oxides and carbon oxides at the time of combustion. Inhaling DETA spray mist can result in irritation in the respiratory tract that is characterized via choking, coughing and shortness of breath. 

There are many factors that is driving the growth of the diethylenetriamine market. Some of these factors as per the Market Research Future (MRFR) report include increasing demand for diethylenetriamine from end-use industries such as oil and gas, agriculture, personal care, construction, automotive and other key industries, growing automotive industry, increasing use in the manufacture of additives, lubricants and resins, diethylenetriamine is an indispensable component of the oil-field chemicals mostly being utilized as lubricants and chelating agents. On the other hand, factors such as environmental regulations concerning the utilization of harmful raw materials coupled with cost and availability of raw materials may hinder the growth of the diethylenetriamine market over the predicted years. Some regulatory bodies mainly OSHA and EPA have strict regulations concerning the storage as well as transport of harmful raw materials.

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Diethylenetriamine Market Segment

Market Research Future report offers an all-inclusive segmental analysis of the diethylenetriamine market on the basis of application and end user.

Based on application, it is segmented into surfactants, petroleum production chemicals, paper wet-strength reins, lube oil additives and additives chelating agents.

Based on end-user, the diethylenetriamine market is segmented into paper and pulp industries, personal care industries, petrochemical industries and others. Of these, petrochemical industries will have the maximum share in the market over the predicted years followed by the personal care industries. Diethylenetriamine is widely used in shampoos, shaving creams, cleansing creams, cosmetic creams and hand lotions.

Regional Analysis

Based on region, the diethylenetriamine market forecast covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, the APAC region is expected to have the largest share in the diethylenetriamine market over the predicted years. The leading players in the market especially in the developed countries are laying emphasis on different strategies. These players are using low cost resources and labor in the emerging economies namely Indonesia, Thailand, Malaysia, Vietnam and India. The market in this region is anticipated to expand at the highest CAGR over the predicted years. In North America, the diethylenetriamine market will have the second largest share with regards to demand. But stringent regulations here may hinder the growth of the market in this region. In Europe, the diethylenetriamine market will have a favorable growth and in Rest of the World it will have a steady growth owing to the growing demand of diethylenetriamine from different end-use industries.

Key Players

Leading players profiled in the diethylenetriamine market include Bluefield International, Sigma-Aldrich Co. LLC, Arabian Amines Company, Delamine, Tosoh Corporation, AkzoNobel N.V., The Dow Chemical Company, Diamines and Chemicals Ltd., Diamines and Chemicals Ltd., and BASF SE.

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Para Xylene Market Share, Global Industry Forecast 2022

Para-Xylene Market – Market Overview

Xylene is a clear, colorless and flammable solution which is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta-xylene and para-xylene. Para xylene or PX or P-xylene is basically an aromatic hydrocarbon compound, which is colorless, sweet-smelling, toxic, and highly flammable chemical. Para-xylene is extensively used for the production of dimethyl terephthalate (DMT) and terephthalic acid (PTA) which are further used in the manufacturing of polyesters. Moreover, para-xylene is primarily used in the production of polyethylene terephthalate (PET) which is primarily used as a packaging materials for carbonated drinks, water bottles, and other containers for food, beverages and personal care products.

According to the analysis of MRFR, the major market forces and trends driving growth of the global Para-Xylene market includes increasing demand for various applications such as packaging, textile and construction materials among others. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the demand for polyester fibers which in turn is expected to fuel the growth of the global Para-Xylene Market during the forecast period. In addition, the growing demand for polyethylene terephthalate (PET) as a packaging material is further expected to affect the market positively. However, stringent government regulations regarding the use of Polyethylene terephthalate due to the non-biodegradable nature and harmful environmental effects in the developed regions such as Europe and North America coupled with the lack of competent labor for handling and transportation of hazardous para-xylene chemicals in the developing economies can act as a major down side to the growth of the market.

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Key Players:

Braskem, Exxon Mobil Corporation, Formosa Chemicals & Fibre Corporation, Reliance Industries Limited, Royal Dutch Shell plc., US Petrochemical Industries Inc. The Dow Chemicals Company, BASF SE, Conoco Phillips Corporation, JXTG Nippon Oil and Energy Corporation, China national Petroleum Corporation, British Petroleum, Jurong Aromatics Corporation, Lotte Chemical Corporation, Sinopec Corporation, and CNOOC Limited among others are some of the prominent players at the forefront of competition in the global Para-Xylene Market and are profiled in MRFR Analysis.

Para-Xylene Market- Competitive Landscape

The global Para-Xylene Market size 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, China national Petroleum Corporation among others are some of the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Taking account of these trends the global Para-Xylene Market is projected to witness considerable competition over the forecast period of 2017-2023.

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Smart Coatings Market Share, Global Industry Forecast 2025

Smart Coating Market   - Overview

Smart coating is a covering composed of wide range of macromolecules that respond to a small change in the environment. It has excellent cleansing, corrosion resistance and self-dimming properties. Due to these features, they are used in biotechnology and medicine, electrical & electronics, automotive, drug delivery systems, and others. The market has driven by the growing replacement of synthetic products to smart coating in electrical & electronics and automotive industries. These factors have led the major manufacturers and investors to adopt advanced coatings in end-use industries. Anti-corrosion, self-healing and anti-microbial features are the major trends and factors promoting the market positively.

Globally, Asia Pacific is the leading region in the market on account of growing consumption of intelligent coatings in construction, electrical & electronics, and military sectors. These coverings are used to impart corrosion resistance and responsive nature to the final product. Growing population and increasing demand in end-use industries have propelled the market to witness a remarkable growth in the market during the assessment period. Furthermore, rapid urbanization coupled with technological advancement proposed are driving the market in the developing countries such as India, Vietnam and Malaysia. The North American region is expected to witness a higher CAGR in U.S., Canada and Mexico owing to the growing consumption of advanced materials in end-use industries. The market has been driven in this region by the development of innovation and progress achieved in nanotechnology. However, the European region is anticipated to witness a stagnant growth due to stringent rules and regulations proposed by the government.

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Key Players:

3M (U.S.), Akzo Nobel N.V. (the Netherlands), Ancatt Inc. (U.S.), Autonomic Materials, Inc (U.S.), Axalta Coating Systems, LLC (U.S), BASF SE (Germany), The Dow Chemical Company (U.S.), Dow Corning Corporation (U.S.), DuPont (U.S.), and PPG Industries, Inc  (U.S.) are some of the major players profiled in MRFR Analysis and are at the forefront of competition in the Global Smart Coating Market.   

Smart Coating Market- Competitive Landscape

The global smart coating market size has observed a significant growth and their demand is increasing in the major industries. The major players in the market have adopted responsive coatings in order to impart the anti-microbial, corrosion resistance and cleansing properties to the product. 3M  Akzo Nobel N.V., Ancatt Inc., Autonomic Materials, Inc, Axalta Coating Systems, LLC, BASF SE, The Dow Chemical Company, Dow Corning Corporation, DuPont, and PPG Industries, Inc are the major players functioning in the market. These companies are focusing on creating new strategies, development, mergers and acquisitions in cementing their positions in the smart coating market.  Moreover, the key trends and factors witnessed in the market are growing replacement of synthetic materials by responsive coatings in order to impart the responsive and stimulus nature to the product.

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Emulsion Polymers Market Share, Global Industry Forecast 2022

Emulsion Polymers Market Overview

Emulsion polymers are obtained through polymerization of monomer, surfactants, and water. They are used for making adhesives, paints, and coatings. A new report on the global emulsion polymers market, published by Market Research Future (MRFR), estimates that this market could witness a hike in revenue at 7.2% CAGR between 2016 and 2022. In terms of value, the market can be worth USD 4,317.10 Mn by the end of the forecast period.

The fastest market driver for the global emulsion polymers market growth is the high pacing demand for emulsion polymers due to robust industry growth of various products whose manufacturing essentially requires emulsion polymers. Emulsion polymers are waterborne solvents. Monomer dissolves in water, and it can act as a substitute for solvent-borne polymers due to its low volatile organic compound (VOC). Benefits of the monomer include better recyclability and high molecular weight due to which its demand is increasing in many end-user industries. Another important market driver for emulsion polymers is increasing demand for paints & coatings in the automotive sector and building & construction sector. Other important market drivers include growing environmental concern regarding solvent-borne polymers and the replacement of such polymers with eco-friendly waterborne polymers that are made from emulsion polymers. However, volatile prices of crude oil can harm the market growth as this product is derived from crude oil and natural gas.

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Key Players

Prominent players in the global emulsion polymers market include Arkema Co. (France), BASF SE (Germany), Celanese Corporation (USA), Dī Ai Shī Kabushiki-gaisha (DIC) Corporation (Japan), The Dow Chemical Company (USA), Koninklijke DSM N.V. (Netherlands), Omnova Solutions Inc. (USA), Nuplex Industries Ltd (Australia), Trinsea Co. (USA), and Wacker Chemie AG (Germany).

Market Segmentation

The global emulsion polymers market forecast segmentation encompasses application and types. MRFR’s take on the market explores various facets of the market in-depth.

The application-based segmentation of this market covers adhesive & sealants, paint & coatings, paper & paperboards, and others. With the 30% market share, the paint & coatings application sector is the largest segment among all market segments due to increasing demand from the automotive industry and construction industry to use the improved quality of paints and coatings.  Paint manufacturers want paints with improved quality, strength, and heat sensitivity due to which the market is getting the push to adopt new technology. This would subsequently increase usage of emulsion polymers. Other factors supporting the growth of paint & coatings application sector are changing the lifestyle of consumers, growing demand of adhesives in the automotive industry as well as the aerospace industry and improving gross domestic products (GDPs) of developing nations.

By type, the market has been segmented into acrylics, polyurethane dispersions, styrene- butadiene latex, vinyl acetate polymers, and others. In the whole market volume, the acrylic-based emulsion polymers segment generates the largest revenue due to its properties like quick drying ability and water resistance. Acrylic dries the paints quickly and provides good adhesion, strength & quality. Hence, the demand, sales, and use of acrylic in the paints & coatings industry are increasing and subsequently, boosting the emulsion polymers market growth. Vinyl acetate polymers are also gaining significant growth due to increasing output of water-based adhesive, paper, and wood manufacturing.

Regional Segmentation

A geographical outlining of the global emulsion polymers market covers Asia Pacific, Europe, North America, and Rest of the World (RoW).

Asia Pacific region is the biggest regional market due to the growing construction activities and developing paints & coating industry. In developing countries like China and India, the demand for paints & coatings and demand for adhesives is increasing, driving the demand for acrylics as well. These products are required where the need for infrastructure development leads to the growing construction sector for constructing new buildings. Japan is another economy in this region that has the potential of emerging as a powerful economy.

In Europe and North America, the market can witness steady growth. The strongest economy in North America is the USA, and the economic downturn in the US market after the recession-era has hampered the market growth of emulsion polymers in paints & coatings in various sectors especially in the automotive industry and construction industry. North America anyways has more advanced infrastructure compared to the Asia Pacific region. So does Europe. Stringent regulations from governments regarding chemical emission in the environment have slowed down the demand for emulsion polymers in the Europe region. Canada is another important economy that can become an important country-specific market in North America. In Europe, such economies are France, Germany, and the UK.

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Specialty Silica Market Share, Global Industry Forecast 2022

Specialty Silica Market Scenario

The global specialty silica market is presumed to demonstrate 6.1% CAGR during the forecast period (2016-2022) owing to the increasing demand for automotive, asserts Market Research Future (MRFR). Specialty silica comprises silica and is produced in the coarse form of round pebbles and trimmed or sawed blocks or fine powder. It is used as an additive in the formulation of various components and products fabricated in a wide range of end-use industries like electronics, automotive, coatings, inks, personal care products, and others. Specialty silica is used in the production of transparent and medicated toothpaste and acts as a cleaning, whitening, and polishing agent. It is also used as a trivial abrasive cleaner and as a thickener due to its high fluoride compatibility.

Drivers and Constraints Impacting the Market

Specialty silica is estimated to expand at a steady rate owing to its applications in paints & coatings, rubber, personal care & cosmetics, agriculture, electronic components, food & beverage, and others. The automobile sector is likely to be on the top position due to the high production of tires and efforts are taken to reduce carbon emission. With shifting focus towards using green tires and increasing concern regarding the depletion of fossil fuels is considered to influence the global specialty silica market during the appraisal period. Moreover, strict emission rules are considered to contribute to the market growth. With rising awareness regarding green tires, changing lifestyle of the consumers, and growing disposable income of the middle-class population are considered to trigger the demand for specialty silica during the assessment period. High investments in research and development activities coupled with technological advancements for cost competitive product manufacturing are further influencing the market growth.

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Global Specialty Silica Market: Segmental Analysis

The global specialty silica market has been segmented on the basis of product type, application, and region.

By mode of product type, the global specialty silica market has been segmented into fused silica, precipitated silica, silica gel, fumed silica, and colloidal silica. Among these, the precipitated silica is considered to dominate the global specialty silica market as it is extensively used in the shoe and tire industry. With the extensive use of the product in the refectories & abrasives and coatings industries, the segment is likely to flourish during the assessment period. Economies such as China and India are likely to exhibit a significant growth rate in the tire industry, which is expected to impact the segment growth positively.

By mode of application, the global specialty silica market size has been segmented into electronic components, rubber, paints & coatings, agriculture, personal care & cosmetics, food & beverage, and others. Among these, the rubber segment is presumed to dominate the global market as it is highly used in the manufacturing of tires, which are used in the automotive industry. With growing automotive production, the demand for rubber is expected to trigger in the coming years.

Regional Insights

Geographically, the specialty silica market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region is likely to register the largest market share owing to the growing automotive industry in emerging countries of the APAC region. With increased construction & infrastructure spending by the Chinese and Indian governments, the region is likely to expand. Moreover, the growth of the automotive industry in economies such as Thailand, Japan, Indonesia, and South Korea are flourishing the region growth during the assessment period.

The North American region is presumed to expand at a significant rate during the assessment period. The growth is attributed to the rapid urbanization, population growth, and increasing disposable income in Mexico. Moreover, the rubber tire industry in this region has witnessed significant growth rate in the past few years due to the growing demand of automotive. Such factors are considered to influence the market growth during the forecast period highly.

Competitive Dashboard

The major players operating the global specialty silica market are Nalco Holding Company, Akzo Nobel N.V., Wacker Chemie AG, Solvay S.A., PPG Industries Inc., Evonik Industries, Madhu Silica Private Limited, W. R. Grace & Co., Huber Engineered Materials, Cabot Corporation, and others.

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