Hybrid Adhesive & Sealant Industry Analysis, Segment, Global Overview and Forecast to 2027

 

Hybrid Adhesive & Sealant Industry – Overview:

Hybrid Adhesive & Sealant belongs to a special class of adhesive & sealant that are derived from two different categories of polymeric resin. These are predominantly utilized in various end use applications such as automotive & aerospace, building & construction, marine, general industry, and others. Hybrid Adhesive & Sealant Industry is expected to witness strong growth due to increasing demand from building & construction sector and continuous growth of automotive & aerospace industry worldwide.  In addition, building & construction accounted for the largest application segment due to rising demand from various end use industries on account of their adhesion property over broad range of substrate, with this above-mentioned reason the market is predicted to register robust growth in the near future. Moreover, growing per capita disposable along with improved living standards has resulted in increased demand for fuel efficient vehicles which in turn has increased the lightweight passenger cars sales in developing countries. With this above-mentioned reason market is expected to register moderate growth.

Geographically, Asia Pacific emerged as the largest market for Hybrid Adhesive & Sealant in 2016 and is estimated to retain its dominance over the assessment years on account of rising demand from automotive & aerospace and building & construction sector. Furthermore, the demand Hybrid Adhesive & Sealant Industry is expected to surge in various countries of Asia Pacific such as China, India, and South Korea owing to rising construction activities along with high adoption rate from building and construction industry.  In addition, huge investment by major market players in their R&D activities and shifting of hybrid adhesive & sealant manufacturing unit as well as significantly increasing base of numerous end use industries in this region is expected to fuel the hybrid adhesive & sealant regional market growth. North American market is estimated to witness steady growth due to increasing demand from marine sector. North American market is further classified into U.S. and Canada which are among the major contributor in the regional market growth on account of strong growth of building & construction and marine sector. European market is predicted to witness healthy growth owing to rising awareness regarding the benefits associated with the product as well as growing utilization in automotive & aerospace industry. Moreover, developing countries of the Middle East & Africa and Latin America such as Turkey, the United Arab Emirates, Brazil, and Mexico are estimated to witness steady growth on account of increasing disposable income along with strong consumer base for building & construction sector.

 

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Competitive Landscape:

Henkel AG & Co. KGaA, Soudal Inc., H.B.Fuller, Bostik S.A., 3M, Sika AG, Wacker Chemie AG, TREMCO ILLBRUCK, Kisling AG, Illinois Tool Works Inc. among others are some of the prominent players at the forefront of competition in the Global Hybrid Adhesive & Sealant Industry and are profiled in MRFR Analysis.

The Hybrid Adhesive & Sealant report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The global Hybrid Adhesive & Sealant Industry comprises of various manufacturers operating in the market which comprised of large scale and medium scale producers. Some of the prominent market players operating in the global hybrid adhesive & sealant industry has shifted their focus towards growth association specifically by Asia Pacific as moderate level and small scale manufacturers are from this region specifically from China, Singapore, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, Australia, and Japan. Apart from this, the key manufacturers are focusing on improving their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Many operating players are escalating their manufacturing capacity of hybrid adhesive & sealant to meet the growing demand for hybrid adhesive & sealant. Moreover, some of the manufacturers has launched a series of product to solidify their position in the market.

 

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Polyethylene Terephthalate industry Analysis, Segment, Global Overview and Forecast to 2027

 

Polyethylene Terephthalate industry Overview:

Polyethylene terephthalate are widely used in the end-use industries such as automobile, food & beverage, electrical & electronics, and others. The global Polyethylene Terephthalate industry is spanned across five regions of the world namely North America Latin America, Europe, and the Middle East & Africa and Asia Pacific.  Among these, Asia Pacific holds a major share of the global market and is projected to continue leading, owing to the growing demand from the food & beverage, automobile and electronic industry. The major countries attributing to this growth are India and China. The developing retail sector coupled with the growing working population has augmented the demand for on the go food and beverages which is a major factor positively effecting the market growth.

North America is another dominant region which is mainly driven by the developed end-use industries. The growing export of food and beverages from the region has further fuelled the need for polyethylene terephthalate in packaging due to its high tensile strength and lightweight. Moreover, the growing adoption of PET in the automobile sector owing to its light weight and fuel efficiency is also expected to boost the market growth in this region. The U.S. and Canada are important countries attributing to this growth.

European market of Polyethylene Terephthalate Industry is set to grow at a steady pace during the forecast period. The presence of the developed electronic and automobile are the major factor driving the market growth. Furthermore, the growing working population has augmented the demand for on the food and beverage products in turn adding to the market growth. In addition to this, the ever-increasing health consciousness about the foodborne diseases has resulted in the high adoption of polyethylene terephthalate in the food and beverage industry of the region.

 

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Segmentation:

The global Polyethylene Terephthalate industry on the basis of product types and application. On the basis of product types, the market is segmented as carbonated soft drinks, energy drinks, bottled water sheets & films, food and non-food and others. On the basis of application industry, the global Polyethylene Terephthalate industry is segregated into food & beverages, electronics, automotive, and others.

 

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Competitive Analysis

Some of the prominent players operating in the Global Polyethylene Terephthalate industry are Alpek S.A.B de C.V (Mexico), RTP company (U.S.), BASF SE (Germany), The Dow Chemicals Company (U.S.), Jiangsu Sanfangxiang Group (China), Indorama Ventures Public Company Limited (Thailand), M&G Chemicals (Italy), NAN YA PLASTICS CORPORATION (Taiwan), Far Eastern New Century Corporation (Taiwan), and The Quadrant group of companies (Switzerland).

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Elastomer Coated Fabrics Industry Analysis, Segment, Global Overview and Forecast to 2027

 

Elastomer Coated Fabrics are manufactured by automated machines that are used for coating. It provides significant properties such as excellent elasticity, visibility along with UV resistance to the finished material. Moreover, they provide versatility and reliability to the product.

The Global Elastomer Coated Fabrics Industry has been driven by the range of its application in various uses such as transportation, protective clothing, industrial, roofing, awnings & canopies, furniture & seating, and others. Moreover, it is estimated that the transportation segment is set to witness the highest growth in the market due to the growing consumption of Coated Fabrics to add extraordinary features such as water and dirt repellence to the product.

 

Market Segmentation:

The Global Elastomer Coated Fabrics Industry is segregated into product, and application. On the basis of the product, the market is further categorized into silicones, thermoplastic olefin, thermoplastic polyurethane, and rubber segments. On the basis of the application, the market is segregated into transportation, protective clothing, industrial, roofing, awnings & canopies, furniture & seating, and others.

 

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Market Scenario:

The silicone product is the leading segment of the market on account of its growing consumption in transportation, protective clothing, industrial and other applications. These materials provide enhanced structural properties to the product.

The transportation segment is the leading application in the market and is anticipated to observe a higher CAGR due to extensive use of coated fabrics to add UV along with corrosion resistance features to the product.

 

Competitive Analysis:

Some of the major players functioning in the Global Elastomer Coated Fabrics Industry are Continental AG (Germany.), Low & Bonar PLC (Mehler Texnologies)  (India), Saint-Gobain S.A. (France), OMNOVA Solutions Inc. (U.S.), Takata Corporation (Japan), Seaman Corporation (U.S.), Serge Ferrari (France), Sioen Industries NV (Belgium), Spradling International, Inc. (U.S.), and SRF Limited (India), among others.

 

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Regional Analysis:

The Global Elastomer Coated Fabrics Industry is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for the lightest metal in various applications. Countries such as China, Japan, and India are the major players in this region. The North American region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to increasing demand for fabrics in automotive, aircraft, marine, railways, and others. The enactment of new rules and regulations set by the European Union has driven the manufacturers to use optimal products in end-use industries. Moreover, it is projected that the advancing research & development of coated fabrics in the market has propelled this region to witness a significant growth in Germany, the U.K, and Italy.

The Middle East & Africa is estimated to observe a significant growth due to an increased consumption of rubber coated fabrics in medical device, sports and other accessories. Additionally, the growing demand for elastomers in seat covers, interior and exterior parts of automobile, and others is projected to boost the growth of this market in the Latin American region.

 

Silica Sand Industry Analysis, Segment, Global Overview and Forecast to 2027

 

Silica Sand Industry Highlights:

The Silica Sand Industry is projected to be valued at USD 14,718.2 Million and register a CAGR of 6.75% during the forecast period. Silica is a chemical compound composed of silicon and oxygen in the ratio of 1:2, respectively. Silica sand is composed of granular materials that consist of quartz as the major component and a small amount of clay, coal, and other minerals. Industrial sand, over time, through the work of water and wind is weathered into tiny granules of sand.

Moreover, it exhibits superior properties such as high thermal resistance, hardness, and chemical inertness which make it suitable for a diverse range of applications such as glassmaking, hydraulic fracturing, and water treatment, among others. Moreover, it is prominently used as a raw material in the manufacturing of flat glass, screen-printed glass, annealed glass, and tempered glass in various industries such as consumer electronics, automotive, chemicals, and construction.

The expanding glass industry is expected to be the major driver in the global Silica Sand Industry on account of increasing consumption of silica sand in glassmaking applications owing to its high thermal strength, high melting point, excellent refractoriness, and grain strength. In addition, the high demand for silica sand in the foundry industry for metal casting for both ferrous and non-ferrous alloys is further projected to augment the global market growth. Moreover, the growing construction industry in the developing countries of Asia-Pacific such as India and South-East Asian countries including Indonesia, Thailand, and Malaysia is likely to boost the global market growth for silica sand owing to its use in specialty cement, flooring compounds, and mortars.

However, the only bottleneck in a growth trajectory of the global Silica Sand Industry is the increasing concerns among the consumers regarding the potential health impacts of respirable crystalline silica (RCS). Moreover, stringent government regulations for sand mining used in fracking is likely to further hinder the global market growth in the coming years. Nevertheless, the rising shale gas exploration in the US and growing consumption in the oil & gas industry as a proppant is expected to create lucrative opportunities for the market players. Also, robust shale gas exploration in Asian countries such as China and Japan are further anticipated to provide immense opportunities to the silica sand producers during the forecast period.

 

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Market Players

Market Research Future (MRFR) recognizes the following companies as the key players in the global Silica Sand Industry: U.S. Silica (US), Fairmount Santrol (US), Sibelco (Belgium), Toyota Tsusho Corporation (Japan), IMOSA (Spain), Emerge Energy Services (US), Badger Mining Corporation (Germany), Cairo Fresh for Minerals & Quarries Materials (Egypt), Tochu Corporation (Japan), Euroquarz GmbH (Germany), and American Elements (US).

 

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Segment Analysis

The global Silica Sand Industry has been segmented based on mesh size, grade, process, application, and region. Based on mesh size, the <70 mesh segment witnessed the largest market share of 42.19% in 2018 and is likely to register the highest CAGR of 7.22% in the following years. This is due to the increasing utilization of <70 mesh silica sand in major applications such as glassmaking, hydraulic fracturing, construction, and water treatment. Also, it exhibits high grain strength, sphericity, better refractoriness, and high thermal strength.

By grade, the glass segment dominated the global Silica Sand Industry with a robust market share of 41.22% in 2018 and is estimated to register the highest CAGR of 7.33% during the assessment period. This is largely attributed to the bolstering demand for glass grade silica sand in the production of flat glass, annealed glass, and screen-printed glass in the automotive and construction industries. In addition, robust growth in the solar industry and rising consumption of glass panels is expected to augment the demand for global Silica Sand Industry.

On the basis of process, the dry silica sand segment accounted for the largest market share of 61.00% in 2018 and is further projected to grow at the highest CAGR of 7.18% in the coming years. This is majorly due to the easy handling of silica sand manufactured by this process. Also, less moisture and growing consumption of dry silica sand in glassmaking and hydraulic applications are further expected to propel the global market growth.

Based on application, the hydraulic fracturing application segment held the largest market share of 41.39% in 2018 and is projected to reach USD 10,180.7 million by 2027. It is widely used as a proppant in hydraulic fracturing in the shale gas and oil industry. The glass application segment is estimated to grow at the highest CAGR of 7.21% in the following years owing to the growing utilization of silica sand in glassmaking for automotive and construction industries.

 

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Pitch-Based Carbon Fiber industry Analysis, Future Growth, Business Prospects and Forecast to 2027

 

Pitch-Based Carbon Fiber industry Highlights:

The global market is estimated to be valued at USD 104,337.2 Million by 2027 exhibiting a CAGR of over 6.0%. The demand for carbon fibers has increased in the aerospace & defense industry since the past two decades owing to their superior performance characteristics over metals. Carbon fiber exhibits high tensile strength, chemical resistance, stiffness, low thermal expansion, and low weight properties. Its lightweight yet durable property is particularly driving its demand in the aerospace & defense industry.

Back in the 1900s, the aerospace industry used aluminum as a primary construction material for aircraft as it is a durable metal. However, aluminum is heavier as compared to carbon fiber, which increases the overall weight of an aircraft. Also, the weight of passengers and cargoes (luggage) also add to the overall weight of aircraft. The high weight of aircraft increases the consumption of fuel by the engine.

With the limitations associated with aluminum, the aerospace industry switched from aluminum toward carbon fiber as the primary material in the construction of aircraft, as carbon fiber exhibits excellent properties such as lightweight and durability. In 2003, Boeing Co (Chicago, US) was the first airline company to use carbon fiber, as the primary construction material for 787 commercial jetliner, which included parts such as fuselage (cockpit, cockpit windscreens, doors, passenger windows, avionics, cockpit seating, and wiring), wings, tail, and other structures. Furthermore, Airbus was the second airline company to manufacture aircraft (A350 XWB and A380) using carbon fiber composites. The use of carbon fiber composites has reduced fuel consumption and emissions, reduced the need for maintenance, tooling, and assembly costs. It also delivers an enhanced passenger experience by damping engine vibration. It is expected that over the next 20 years, nearly 9,000 new wide-bodied aircraft are due for delivery, which will be built using carbon fiber composites. Thus, the growing demand for carbon fiber in the aerospace & defense industry is expected to boost the growth of the global Pitch-Based Carbon Fiber industry during the forecast period.

Carbon fibers are finding increasing applications across various end-use industries due to their advantages such as stiffness, high tensile strength, lightweight, chemical resistance, high-temperature tolerance, and low thermal expansion. They are obtained by pyrolysis of an appropriate precursor fiber. Other than pitch, carbon fibers are produced by pyrolysis of polyacrylonitrile (PAN) or rayon precursors. Polyacrylonitrile (PAN) is the predominant precursor used for producing carbon fiber due to its properties such as superior strength, high stability, and higher carbon yield. About 90 % of the carbon fiber is produced from PAN and the rest is made from rayon or petroleum pitch. The growth in the adoption of PAN-based carbon fibers is further attributed to its lower cost as compared to petroleum pitch or rayon precursors. PAN-based carbon fiber is widely used in several industries such as automotive, aerospace & defense, sporting goods, and construction. The demand has increased as these industries are looking for solutions that save energy, make more durable products, and are environmentally friendly. Thus, the availability of PAN-based carbon fibers at low cost and relatively similar performance characteristics is expected to be the major factor hampering the growth of the global Pitch-Based Carbon Fiber industry during the forecast period.

 

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Segmental Analysis

According to MRFR analysis, the global Pitch-Based Carbon Fiber industry has been segmented based on type, application, and region.

By type, the global Pitch-Based Carbon Fiber industry has been categorized into composites and non-composites. Among these, the composites segment accounted for the largest share of over 90% by value in 2018, predominantly due to the extensive use in the aerospace, construction, automotive, and energy sector. The composites segment is expected to register a CAGR of over 6.5% during the forecast period.

On the basis of application, the global Pitch-Based Carbon Fiber industry has been classified into aerospace and defense, wind energy, sports & leisure, automotive, construction, and others. The aerospace and defense segment accounted for the largest share by value in 2018 due to the high demand for pitch carbon fiber in the manufacturing aerospace and defense tools and equipment. The increasing application of pitch-based carbon fiber in automotive, energy and construction is further expected to boost the growth of the segment during the forecast period.

 

Market Players

Market Research Future (MRFR) recognizes the following companies as the key players in the global Pitch-Based Carbon Fiber industry: Hexal Corporation (US), Hyosung Corporation (South Korea), SGL Carbon (Germany), Mitsubishi Chemical Corporation (Japan), Teijin Limited (Japan), Cytec Industries, Inc (US), Toray Industries Inc (Japan), DowAksa (Georgia), OJSC «SvetlogorskKhimvolokno» (Belarus), Nippon Graphite Fiber Co., Ltd (Japan).

 

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Regional Analysis

The regions analyzed under the scope of the global Pitch-Based Carbon Fiber industry are Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. According to MRFR analysis, Asia-Pacific was the dominant regional market with a share of over 35% in 2018 and is expected to enroll a CAGR of over 7.0% during the reviewed period. Asia-Pacific is trailed by North America, which represented the second-largest share of around 30% in 2018. The Latin American and the Middle East and African markets are likely to grow at a moderate rate during the review period, 2019–2030.

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Automotive Film Industry Analysis, Future Growth, Business Prospects and Forecast to 2027

 

Automotive Film Industry Overview:

Automotive Film is a thin laminate film that can be installed to the exterior and interior parts in an automobile. They provide variety of colors and styles along with high durability, privacy, and protection from harmful sun rays. They are widely used in passenger as well as commercial vehicles on account of rising awareness of fuel and energy saving. Moreover, these films protect interior and exterior of the vehicle from fading and degrading and prevent the glass from shattering during minor accidents.

Some of the prominent factors that positively influence the growth of Automotive Films Market are low setup cost, high durability, easy customization, and availability of color options. Moreover, automotive films are long lasting, easy to repair, and provide safety to the original paint. With the aforementioned reasons, Automotive Film Industry is expected to propel the growth of the market over the assessment period, 2017 to 2027. Furthermore, increasing automotive production & sales and shifting manufacturers focus towards energy saving and cost effective vehicles are predicted to fuel the growth of the market over the forecast period, 2017 to 2027. However, strong regulations regarding the color of window film in many countries are expected to hinder market growth.

 

Competitive Analysis:

The major players operating in the Automotive Film Industry are Avery Dennison Corporation. (U.S.), HEXIS S.A. (France), 3M (U.S.), Eastman Chemical Company (U.S.), Arlon Graphics, LLC. (U.S.), MATERIAL SCIENCES CORPORATION (U.S.), DuPont (U.S.), Garware Suncontrol (India), NEXFIL (U.S.), Johnson Window Films, Inc. (U.S.), Saint-Gobain Performance Plastics (France), Madico, Inc. (U.S.), Kay Premium Marking Films LTD (UK), and others.

 

Market Segmentation:

The Global Automotive Film Industry is categorized on the basis of type, application, vehicle type, and region. On the basis of type, the market is classified into wrap films, window films, and paint protection films. Window film can be subdivided into ceramic, hybrid, metallized, and dyed films. Based on film types, the window film segment is expected to be the largest segment of the Automotive Film Industry over the assessment period. These films help in blocking the UV rays, which help in lowering the inside temperature of the vehicle and reduce the fuel consumption. Moreover, they improve the fuel efficiency by decreasing the load on the engine. Additionally, they provide better safety by preventing the glass from shattering during the accidents.

Paint protection films are predicted to grow with a moderate CAGR on account of increasing prominence about their unique properties. They offer exceptional resistance to stain and scratch, high clarity, superior durability. They are widely utilized on the exterior part of vehicle such as rocker panels, hoods, bumpers, back mirrors, trunks, roofs, and door. Wrap films are commonly used for advertising purpose as they are relatively cheaper than other mode of promotion. Wrap films segment is predicted to grow with a healthy CAGR on account of increasing demand for personalized cars along with the change in consumer lifestyle. Moreover, heavy duty vehicles such as buses and large vans, used for campaigning and tourism activities also use wrap films for advertisement. On the basis of application, the market is segmented into exterior and interior. On the basis of vehicle type, the market is segmented into passenger cars and commercial vehicles. The passenger cars segment is estimated to witness the significant growth due to rising population coupled with increasing demand for privacy and personalization.

 

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Regional Analysis:

North America is estimated to be the largest Automotive Film Industry followed by Europe and Asia Pacific on account of strong existence of many big market players. Germany is predicted to register a strong growth due to tremendous demand of paint protection film in automobile sector. In Asia Pacific, countries such as China, Japan, and South Korea are the fastest growing market for Automotive Film, and is estimated to grow with the same pace over the assessment period. Rising living standards along with the flourishing growth of automotive sector is predicted to contribute in the regional market growth. In North America, U.S and Mexico are among the major contributors in the regional market growth due to expansion of automotive sector. The Middle Eastern and African countries such as Qatar, Saudi Arabia, and the United Arab Emirates (UAE) are predicted to witness steady growth on account of rising foreign investments and shifting of manufacturing base to these region.

 

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Silicone Oil industry Analysis, Segment, Global Overview and Forecast to 2027

 

On the basis of the application, the global Silicone Oil industry is segmented into damping fluid, thermal bath fluid, lubricant, dielectric fluid, cosmetics & personal care products, pharmaceuticals, polishes and others. Silicone oil was majorly consumed in different applications of cosmetics & personal care product such as deodorants, skin care products, hair care products, lipstick, make‐up products, and shaving products among other in 2017 owing to its non-toxicity and water-repellent characteristics. It is expected to continue growing rapidly over the forecast period 2018-2027.

On the basis of the end-user industry, the global Silicone Oil industry is segmented into cosmetics & personal care products, healthcare, automotive, aerospace, electronics, industrial, textile, and others. Cosmetics & Personal care industry accounted to hold the largest market share of the global Silicone Oil industry in 2017 and is expected to show a considerable growth during the forecast period. However, end-use industries such as automotive and aerospace are collectively expected to witness a huge consumption of silicone oil owing to the vast uses of silicone oil for automotive and aerospace such as damping fluid, lubricants, dielectric fluid, polishes, hydraulic fluid, and others over the forecast period.

 

Regional Analysis

The global Silicone Oil industry is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific was largest global silicone oils market in 2017 and is expected to continue experiencing a strong growth over the forecast period. Europe accounted to be the second largest market for silicone oil in 2017 and is expected to remain the same during the forecast period. North America is expected to show rising demand for silicone oil over the forecast period. The Middle East & Africa are also expected to witness a significant demand for silicone oil over the forecast period. Latin America holds the least market share of the global Silicone Oil industry and is expected to show sluggish growth during the forecast period.

 

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Competitive Analysis

Some of the prominent manufacturers of the global Silicone Oil industry are Merck KGaA (Germany), Aurolab (India), Clearco Products Co., Inc. (U.S.), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Elkem Silicones (France), Momentive Performance Materials Inc. (US), Thermo Fisher Scientific, Inc. (U.S.), D R P Silicone (India), Evonik Industries AG (Germany), ACC Silicones Ltd. (UK), BRB International (Netherlands), Siltech Corporation (Canada), Anhui Youcheng Siliconeoil Co., Ltd. (China), and China National Bluestar (Group) Co,Ltd. (China).

 

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Inorganic Salts Industry Analysis, Segment, Global Overview and Forecast to 2027

 

Inorganic Salts Industry - Overview

The Global Inorganic Salt Market is growing with the rapid pace, mainly due to the burgeoning fertilizers industry, agriculture industry, and agrochemical industries. Available in various types, Inorganic Salts find a line of applications mainly in agriculture, healthcare, and construction industries. Depending upon chemical properties, inorganic salts are used in various industries. Being essential nutrients, Inorganic Salt play a vital role in regularizing the human body functions as to maintain the metabolic processes, and to conduct the nerve impulse. Owing to this, Inorganic Salt has been gaining a lot of prominence and sequentially; the Inorganic Salt Market is gaining momentum on the global platform.

Considering the significant amount of traction, the Global Inorganic Salts Industry is gaining currently; the Market Research Future, has recently published a brilliant study report giving out the in-depth market prognosis and the market key player’s analysis. According to MRFR market study, the global market of Inorganic Salt is projected to accrual exponentially by 2027, by posting a staggering CAGR during the estimated period (2016 – 2027).

Leverage to the rising population worldwide that has resulted in to heightened demand for food supply leading to the increasing demand for agrochemicals and fertilizers in agriculture industry eventually, fostering the demand in Inorganic Salt Market. Additionally, increasing application of Inorganic Salt across industries including Construction, Pharmaceutical, Rubber manufacturing etc. are driving the market growth of Inorganic Salt up to an extent. Magnesium oxide and rubber are the major elements of inorganic salt. The growth in rubber industries and increasing demand for magnesium oxide has propelled the market growth for Global Inorganic Salt Market. In pharmaceutical industry, inorganic salt has been used as an important application as an antacid. In the construction industry, it is used in cement as an Epsom salt which is very widely used in gardening, household usage, agriculture and several other areas.

Sodium Carbonate, one of the Inorganic Salt is primarily used by the chemical industry for manufacturing glass, detergents, sodium chemicals and carbonate chemicals. It is also employed by the paper and pulp industry for paper production. Sodium carbonate is used in industrial and municipal wastewater treatment because of strict regulations requiring dechlorination of the wastewater treatment process. It is also employed for brine treatment, coal treatment and desulphurization of flue gas. Sodium carbonate finds major consumption in industries as well as households for removal of hardness in water and pH adjustment of water. Sodium carbonate is also used as a catalyst for resin regeneration through ion exchange.

Ammonium sulphate is an inorganic salt that is widely used in fertilizers, providing nitrogen and sulphur for the healthy growth of crops. Ammonium sulphate consists of 21% nitrogen and 24% sulphur. The advantage of using ammonium sulphate is that it releases nitrogen slowly, which is beneficial for crop growth. The chemical method that is popularly used for the preparation of ammonium sulphate involves the reaction of ammonia with sulphuric acid in a reactor. Another method of preparing ammonium sulphate involves the reaction of gypsum with ammonium carbonate, resulting in ammonium sulphate and calcium carbonate as the by-product. Ammonium sulphate is also formed as a by-product during the preparation of caprolactam.

Sodium nitrate is one of the widely used inorganic salts. It is used in fertilizers, pharmaceutical products, food, and gunpowder. It is a white crystalline salt that is found as mineral deposit called caliche ore in the Earth's crust. This odourless compound is also known as Chile saltpeter. Chile and Peru are the largest producers of sodium nitrate. Sodium nitrate is a strong oxidizing agent. It is used as fertilizers to help in the crop yield by improving the nutrient content of the soil.

Magnesium carbonate (MgCO3) is a white coloured solid Inorganic Salt present in various basic and hydrated forms as minerals. Magnesium carbonate has a wide range of application in industries such as cosmetic, pharmaceutical, food, personal care, rubber, plastic, etc. as antacids, additives, laxative, drying agent, etc. The Global Magnesium Carbonate Market is expected to expand at significant CAGR, owing to high demand for magnesium oxide in pharmaceutical industry.

 

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Inorganic Salt Global Market - Competitive Analysis

Global Inorganic Salt Market players are ensuring to be innovative while building up the marketing strategies. This in return, provides a strong consumer base. Key players are focused majorly on acquisition of small players to expand their business and penetrate the Global Inorganic Salt Market. Expansion is also one of the key strategies followed by acquisition. Expansion will help in capturing the major market and increasing the production capacity to meet the rising demand from consumer’s end thereby further contributing to increasing revenue. Acquisition and expansions are evaluated to be contributing to more than 30% of strategy share and is facilitating the companies to penetrate the potential market across globe.

MerckMillipore, Sigma Aldrich, Fisher Scientific, Otsuka Chemical Co Ltd, Loba Chemie, Lenntech, Arkema SA,Bann Química, Chemtura Corporation, Behn Meyer Solutia Incorporated, Emerald Performance Materials, Lanxess AG, and Eastman Chemicals Co. are some of the prominent players at the forefront of competition in the Global market of Inorganic Salt and are profiled in MRFR Analysis.

 

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Flat Glass Industry Analysis, Segment, Global Overview and Forecast to 2027

 

Flat Glass Market Highlights:

Today, low-cost production in the glass industry means saving energy, using resources more effectively, responding more flexibly to market requirements and binding less capital. This is getting harder as markets are growing closer and competition is getting fierce. However, there are opportunities for new markets in Eastern Europe and Asia for new products such as ultra-thin glass for flat screens, and mobile phones.

Flat glass is extensively used in construction industry replacing conventional bricks, wood and stone. Growth in infrastructural spending for building airports and residential buildings, coupled with strict amendments regarding the use of ecofriendly building materials, will drive industry growth. Emerging trends, which have a direct impact on the dynamics of flat glass industry, include increased use of advanced nanotechnology in flat glass, solar control glazing for automotive and building glasses, lightweight glazing glass.

Technological developments in terms of energy harnessing, coupled with superior properties including recyclability and sustainability, is expected to power the market growth. However, the availability of raw material and price volatility may affect the supply demand scenario in the market. Rising R&D investment into the introduction of advanced, specialized and customized products in the market, is expected to lead the market growth in future.

 

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Scope of the report

This study provides an overview of the global Flat Glass Industry, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Flat Glass Industry by its, product, technology, application and region.

By Product

Laminated

Tempered

Others

By Technology

Float

Rolled

Sheet

By Application

Construction & Infrastructure

Automotive & Transportation

Others

By Region

North America

Asia Pacific

Europe

Rest of the World 

 

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Key Players

The key players of global Flat Glass Industry includes Asahi Glass (Japan), Saint-Gobain S.A. (France), Nippon Sheet Glass (Japan), Guardian Industries (U.S.), and Taiwan Glass (Taiwan), Schott AG (Germany), PPG Industries, Inc. (U.S.), Xinyi Glass (China), Nittobo (Japan), Luoyang Glass (China), Changzhou Almaden (China), Emerge Glass (India), AviationGlass & Technology (Netherlands), AEON Industries (China), and Suzhou Huadong Coating Glass (China).

 

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

 

Fluoropolymer Coating Industry Analysis, Segment, Global Overview and Forecast to 2027

 

The fluorine particles have various properties such as high electronegativity and low polarizability. Subsequently, carbon-fluorine bonds have higher energy and are more affinity than C– H bonds. Additionally, the assimilation of fluorine substituents into organic compounds can influence their properties. Fluorinated polymeric materials display low surface energies, lubrication, non-wetting protecting properties, impermeability to gasses, and high protection from water, oils, volatile chemicals, corrosion, UV radiation, and chalking. These exceptional properties find its applications in diverse industries such as building & construction, oil & gas, automotive, aerospace, industrial, and food processing.

As per our analysis, some of the prominent market factors and trends identified in the Global Flouropolymer Market include rapid industrialization, rising demand for industrial machinery protection, and increasing expenditure on industrial production. Moreover, rising demand for Flouropolymer from oil & gas industry is predicted fuel the growth of the market over the assessment period. Polyvinylidene fluoride (PVDF) is a pure Thermoplastic Fluoropolymer. It is highly non-reactive, thus, it is ideal for oil & gas industry because as it resist attack from most of the solvents, acids and bases. Rising crude oil production across the globe is projected to drive the Flouropolymer Coating Market during the review period. Moreover, the use of Flouropolymer Coating has increased in number of industrial applications to protect machineries and equipment, which function in harsh environment. This, in turn, is expected to increase the demand for the product. Furthermore, increasing automobile production and sales along with rising consumption of lubricants is estimated to fuel the growth of the market.

 

Competitive Analysis:

Some of the prominent players in the Global Fluoropolymer Coating Industry are Whitford Corporation (U.S.), Daikin Industries, Ltd. (Japan), Akzo Nobel N.V. (the Netherlands), E. I. du Pont de Nemours and Company (U.S.), PPG Industries, Inc. (U.S.), The Valspar Corporation (U.S.), The Becker Group, Ltd. (U.S.), BASF SE (Germany), TIGER Drylac U.S.A., Inc. (U.S.), and Toefco Engineered Coating Systems, Inc. (U.S.) among others.

 

Market Segmentation:

The Global Flouropolymer Protective Coating Market is segmented on the basis of type, end use, and region. Based on the type, the market is divided into polyvinylidene fluoride (PVDF), flouroethylene vinyl ether (FEVE), polytetra flouroethylene (PTFE), fluorinated ethylene propylene (FEP), ethylene tetraflouroethylene copolymer (ETFE), and polyvinyl fluoride (PVF). On the basis of the end use industry, the global flouropolymer coating market is segmented into aerospace, construction, automotive, oil & gas, food processing, cookware and others. On the basis of the rergion, the market is classified into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

 

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Regional Analysis:

The Global Flouropolymer Coating Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow at the highest CAGR on account of expanding industries such as oil & gas, and food processing and urge to protect machinery in these industries during the review period 2017-2027.

North American Flouropolymer Coating Market is predicted to witness a rapid growth due to growing demand for new vehicles in the US is leading the way and with a combination of an aged fleet, new models, and attractive financing.

Growing demand for Flouropolymer Coating due to increasing expenditure on product innovation and purchasing power of consumers is predicted to drive the growth of the various European countries such as Italy, Germany, Spain, the UK, France, and Russia. Moreover, presence of major automobile manufacturers, specifically, in Germany is expected to give a new impetus to the market growth. In the Middle East region, increasing demand for architectural Flouropolymer Coating is one of the key drivers of the Flouropolymer Coatings Market growth. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness a substantial growth owing to increasing consumer spending on passenger cars as well as involvement of new technologies and inventions in Flouropolymer Coating.

 

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NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Polymeric Plasticizer Industry Forecast to 2027 Detailed in New Research Report

 

Overview:

Various end-user industries are now looking for component dynamisms which can cover a lot of needs in one go. Polymeric plasticizers are providing the same impact and have captured the attention of several sectors that are subsequently boosting the market growth of the polymeric plasticizer. The component is mainly used in PVCs to increase softness, flexibility, and lower modulus values. Its utility in applications spans across adhesive, pigment, films, membranes, cables, and other segments. But the most to impact the market and drive it forward is the packaging industry which promises a sizable growth of the Polymeric Plasticizer Industry during the forecast period (2016-2027). Market Research Future’s (MRFR) report on the said component brings in a holistic approach to have a precise prediction of the forthcoming years.

However, the market is witnessing an uphill task against stringent regulations that are being imposed by various governments such as bans on some of the phthalates and toxicity of PVC which can put a leash on the market growth. But a long-lasting impact is not on the card as the market is developing various bio-based components that can take on the initial setback.

 

Industry Trend:

Implementing eco-friendly methods in the production and developing bio-based components have become Arkema’s intent for a while and it can be seen in their endeavor of launching soybean-based plasticizers that would assist the company in following government regulations.  

Emerald Kalama Chemical has added a new product Vitroflex B to their portfolio which is a product of their advanced technology to support environmental causes.

 

Segmentation:

The global Polymeric Plasticizer Industry can be segmented by application and end-users.

By application, the market can be sub-segmented into adhesive, pigment, films, membranes, cables, and others.

Based on end-users, the market comprises paints, packaging, automotive, construction, electronics, and others.

 

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Regional Segmentation:

Region-specific analysis of the global Polymeric Plasticizer Industry covers North America, Europe, Asia Pacific (APAC), Latin America (LATAM), and the Middle East & Africa (MEA).

The APAC is the largest consumer of the said market and also generates the maximum revenue. This can be attributed to the presence of emerging economies such as India, China, Taiwan, and South Korea that are experiencing a large-scale boost in diverse industries which are creating substantial demand for the product. The packaging industry is also getting much traction owing to which the Polymeric Plasticizer Industry is gaining pace.

North America is the second largest market and is fetching impressive revenue owing to its burgeoning automotive, electrical, and other industries. The market is poised to experience further growth during the forecast period. The European market follows the former closely with heavy demand being generated by paints, packaging, and construction industries. The LATAM and the MEA market progress report is based on increasing orders from sectors such as adhesive, pigment, films, membranes, cables, and others.

 

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Market Competition:

The market is densely packed with several key players locked in a competitive struggle. Companies are mainly focusing on expansion, collaboration, merger, and acquisition to better their portfolios. For instance, Arkema invested in a new factory in Mobile, Alabama for its Kepstan PEKK(polyetherketoneketone) copolymer. Evonik, on the other hand, is aiming at expansion via acquisition and bought the additive segment of the U.S. company Air Products.

Key players of the global Polymeric Plasticizer Industry to wield influence are Eastman Chemical Company (US), Hallstar (US), E. I. du Pont de Nemours and Company (US), BASF SE (Germany), LANXESS (Germany), Evonik Industries AG (Germany), Exxon Mobil Corporation (US), Teknor (US), UPC Technology Corp (Taiwan), Aekyung Petrochemical Co., Ltd. (South Korea), and others.

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.