Chemical industry is one of the oldest industries within manufacturing. It not only plays a crucial role in meeting the day to day needs of the common man, but also contributes significantly towards industrial and economic growth of a nation. The glo ....see more
The Variable Air Volume Box Market is expected to grow from USD 4.7 billion in 2019 to USD 6.4 billion by 2024, at a CAGR of 6.3% during the forecast period. Ingersoll Rand PLC (Ireland), Johnson Controls (US), TROX GmbH (Germany), Spectrum Industries (India), United Technologies Corporation (US), Honeywell International Inc. (US), Daikin Industries, Ltd. (Japan), Siemens AG (Germany), Systemair AB (Sweden), Barcol-Air (Switzerland) are the major players in the VAV box market.
The wax emulsion market is expected to grow from 1.6 billion in 2019 to USD 2.0 billion by 2024, at a compound annual growth rate (CAGR) of 4.9% during the forecast period.Key market players covered in this report which includes, BASF SE (Germany), Nippon Seiro Co. (Japan), Altana AG (Germany), Sasol Ltd. (South Africa), Exxon Mobil Corporation (US), Michelman, Inc. (US), Repsol S.A. (Spain), Lubrizol Corporation (US), Hexion Inc. (US), Wacker Chemie AG (Germany), DANQUINSA GmbH (Germany) and H&R GROUP (Germany) , and among others
The abrasion resistant coatings market is expected to grow from USD 8.0 billion in 2019 to USD 11.1 billion by 2024, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The leading players in the abrasion-resistant coatings market are AkzoNobel N.V. (Netherlands), Saint-Gobain (France), Jotun A/S (Norway), The Sherwin-Williams Company (US), Hempel A/S (Denmark), Praxair Surface Technologies (UK), Henkel (Germany), and Sika AG (Switzerland).
The PVB interlayers market size is projected to grow USD 4.4 billion by 2024, at a compound annual growth rate (CAGR) of 7.3%, during the forecast period. The leading players in the PVB interlayers market are Eastman Chemical Company (US), Kuraray (Germany), Sekisui Chemicals (Japan), Everlam (Belgium), Genau Manufacturing Company (India), KB PVB (China), Chang Chun Group (China), DuLite (China), Huakai Plastic (China), Willing Lamiglass Materials (China), Jiangsu Darui Hengte Technology (China), and Tiantai Kanglai Industrial (China).
The natural fragrance market is expected to grow from USD 2.7 million in 2019 to USD 4.3 million by 2024, at a compound annual growth rate (CAGR) of 9.6%. during the forecast period.The key market players profiled in the report include as Givaudan SA (Switzerland), Firmenich SA (Switzerland), International Flavors & Fragrances (US), Symrise AG (Germany), Takasago International Corporation (Japan), Mane SA (France), Robertet SA (France), Sensient Technologies Corporation (US), T. Hasegawa Co., Ltd. (Japan), Bell Flavors & Fragrances (US).
The LTCC Market and HTCC Market is expected to grow from USD 916 million in 2019 to USD 1.1 billion by 2024, at a CAGR of 4.5% during the forecast period. Some of the prominent players in the LTCC market and HTCC market are KYOCERA Corporation (Japan), DowDuPont Inc. (US), Murata Manufacturing Co., Ltd. (Japan), KOA Corporation (Japan), TDK Corporation (Japan), Hitachi Metals, Ltd. (Japan), Yokowo Co., Ltd. (Japan), NGK SPARK PLUG CO., LTD. (Japan), MARUWA Co., Ltd. (Japan), Micro Systems Technologies (Switzerland), and NIKKO COMPANY (Japan). The strategies undertaken by these players include partnerships, new product developments, and acquisition.
The nanocomposites market is expected to grow from USD 4.1 billion in 2019 to USD 8.5 billion, by 2024, at a compound annual growth rate (CAGR) of 16.0%, during the forecast period.Some of the prominent players in the nanocomposites market are Nanocor Inc. (US), Arkema Inc. (France, Evonik Industries AG (Germany), Showa Denko, K.K. (Japan), and Zyvex Technologies Inc. (US). The strategies undertaken by these players include new product developments and research on new applications.
The thermochromic materials market is expected to grow from USD 1.3 billion in 2019 in 2019 to USD 2.1 billion by 2024, at a compound annual growth rate (CAGR) of 9.5%. during the forecast period.OliKrom (France), LCR Hallcrest (US), Chromatic Technologies (CTI) (US), Matsui International Company (US), New Prisematic Enterprise (Taiwan), Smarol Industry (China), GEM'INNOV (France), Hali Industrial (China), Kolorjet (India), and Kolortek (China).
The Foam glass Market is expected to grow from 1,503 kilotons in 2019 to 1,964 kilotons by 2024 at a compound annual growth rate (CAGR) of 5.5% during the forecast period. The leading foam glass manufacturers are Owens Corning (US), Zhejiang Dehe Insulation Technology Co., Ltd. (China), Zhejiang Zhenshen Insulation Technology Corp. (China), UUSIOAINES OY (Finland), Glapor (Germany), MISAPOR (Switzerland), Polydros S.A.(Spain), Refaglass (Czech Republic), Earthstone international (US), and Anhui Huichang New Material Co., Ltd. (China).
The polydimethylsiloxane (PDMS) market size is estimated at USD 4.0 billion in 2019 and is projected to reach USD 5.2 billion by 2024, at a CAGR of 6.0%. The PDMS market is driven majorly by the growing industrial processes, building & construction, personal care & consumer products, transportation, and electronics industries in India, China, Japan, South Korea, Australia, and Southeast Asian countries.DowDuPont Inc. (US), Shin-Etsu Chemical Co., Ltd. (Japan), Wacker Chemie AG (Germany), Avantor, Inc. (US), Elkem ASA (Norway), KCC Corporation (South Korea), Dongyue Group Limited (China), Alfa Aesar (UK), CHT Group (Germany)
The electrodeionization market in 2019 is estimated to be USD 827 million and is projected to reach USD 1,124 million by 2024, at a CAGR of 6.3% from 2019 to2024. The key factor driving the growth of the electrodeionization market is the increasing demand for ultrapure water from the power generation, electronics & semiconductor, and pharmaceuticals industries. Suez SA (France), Veolia Environnement S.A. (France), Evoqua Water Technologies LLC (US), Qua Group (US), DowDuPont Inc. (US), Snowpure LLC (US), Mega a.s. (Czech Republic), Ovivo Inc. (Canada), and Pure Aqua Inc. (US),
The global non-conductive ink market is estimated to be USD 403 million in 2019 and is projected to reach USD 560 million by 2024, at a CAGR of 7.0% during the same period. The demand for non-conductive inks is driven mainly by its growing demand in printed circuit boards.DowDuPont (US), Henkel AG & Co. KGaA (Germany), Teikoku Printing Inks Mfg. Co., Ltd (Japan), Applied Cavitation Incorporated (US), Poly-Ink (France), Sun Chemical Corporation (US), NovaCentrix (US), Creative Materials Inc. (US), Applied Ink Solutions (US), and Vorbeck Materials (US),
The fluid loss additives market size is projected to reach USD 376 million by 2024 from USD 315 million in 2019, at a CAGR of 3.6%. Increasing shale gas exploration and crude oil production are the major factors driving the growth of the fluid loss additives market. Technological developments have enabled exploration activities to be carried out for sources other than oil, such as shale gas, coal bed methane, and unconventional resources. These activities require sophisticated technologies such as multistage hydraulic fracturing of horizontal wells. These are carried out with the help of various formulated drilling fluids that help to maintain wellbore stable, pump pressure, avoid friction and corrosion and remove & transport cuttings. The exploration activities are expected to grow further to produce around 6 Mbbl/d (Mbbl/d- One thousand barrels per day) by 2020 from these resources. As the fluid loss additive is one of the most important additives used in the drilling process, the increasing shale gas exploration will drive the growth of the market between 2019 and 2024. Halliburton (US), Schlumberger Limited (US), Newpark Resources Inc. (US), Solvay (Belgium), BASF SE (Germany), and Clariant (Switzerland), Global Drilling Fluid and Chemicals Limited (India), Tytan Organics (India) and Nouryon (US).
The low foam surfactants market size is projected to reach USD 19.6 billion by 2024 from USD 14.9 billion in 2019, at a CAGR of 5.6%. The low foam surfactants market growth is driven mainly by the growth of the end-user industries and increasing need for greener and sustainable surfactants. The demand is estimated to surge from APAC and South American regions as a result of increasing awareness for cleaning and cleanliness in the industries, institutes, and various corporate and government offices. Moreover, the region includes some of the fastest-growing economies such as China, India, and Brazil. Industrial development in these regions favors various other chemical industries, including surfactants.AkzoNobel N.V. (Netherlands), BASF SE (Germany), Clariant AG (Switzerland), Evonik Industries AG (Germany), Croda International plc (UK), Stepan Company (US), Huntsman Corporation (US), Kao Corporation (Japan), Galaxy Surfactants (India), and Oxiteno SA (Brazil)
The sustained release coating market size is projected to grow from USD 478 million in 2019 to USD 660 million by 2024, at a CAGR of 6.6% during the forecast period. With the increasing demand for microencapsulated products, significant R&D activities are being carried out by various companies in the market, thus aiding the growth of the sustained release coating market. New technologies, such as sustained release coating, are required to tap niche markets in cancer and brain tumor-specific drug delivery.Colorcon (US), BASF (Germany), Evonik (Germany), and Coating Place (US).
The market for PEI is projected to grow from USD 522 million in 2019 to USD 714 million by 2024, at a CAGR of 6.5% during the forecast period. PEI is a high-performance polymer with both ether links and imide groups in its polymer chain. It is used in high-temperature applications where fast dissipation of heat is essential. Due to its creep resistance, low smoke emission, and flame resistance, the demand for PEI as a thermally conductive plastic has increased significantly. PEI, along with thermally conductive fillers, is a cost-effective solution to metals due to lesser manufacturing steps and joints. PEI is widely used as an alternative to metals in compact electronic gadgets, as it increases the performance of compact electronics by heat dissipation. In addition to the electronics industry, PEI is used in transportation, medical, consumer good, and industrial end-use industries.PEI market are SABIC (Saudi Arabia), RTP Company (US), Ensinger Plastics (Germany), Röchling Group (Germany), Kuraray Europe (Germany), Mitsubishi Chemical Advanced Materials (Japan), Solvay SA (Belgium), and Toray Industries (Japan).
The antifog additives market is projected to grow from USD 335 million in 2019 to USD 417 million by 2024, at a CAGR of 4.4% from 2019 to 2024. Surging demand for antifog films from the end use industries such as food packaging and agriculture is fueling the growth of the market across the globe. Increasing demand for packaged food from emerging economies acts as an opportunity for the growth of the antifog additives market, worldwide.Nouryon (Netherlands), Croda International Plc. (U.K.), Clariant AG (Switzerland), A. Schulman (U.S.), PolyOne Corporation (U.S.), Evonik Industries (Germany), DuPont (U.S.), Ashland Inc. (U.S.) and Corbion N.V. (Netherlands)
The electric vehicle (car) polymers market size is projected to grow from the estimated USD 4.1 billion in 2019 to USD 52.5 billion by 2024, at a compound annual growth rate (CAGR) of 67% during the forecast period. Electric vehicle polymers are the polymers that are used in electric cars to reduce their weight without affecting the efficiency of the car. Polymers are the only materials that can replace metals as they have similar properties to those of metals, such as flame retardancy, abrasion resistance, stiffness, toughness, electrical insulation, and heat resistance. Replacing metals with the polymers is a key solution for the electric car manufacturers to reduce the overall weight of the electric cars.BASF (Germany), DowDuPont (US), Covestro (Germany), Celanese (US), SABIC (Saudi Arabia), Solvay (Belgium), LANXESS (Germany), LG Chem (South Korea), Asahi Kasei (Japan), and Evonik Industries (Germany).
The 1,6-hexanediol market size is projected to grow from USD 902 million in 2019 to USD 1,401 million by 2025, at a CAGR of 8% during the forecast period. The growth of the market is driven by the increasing demand for 1,6-hexanediol from the APAC region, especially through captive consumption by manufacturers. 1,6-hexanediol is a multi-characteristic material used in polyurethanes, coatings, acrylates, and polyester resins, among others. 1,6-hexanediol offers high-quality, flexibility, high-temperature resistance, and efficient performance. It is used as an intermediate in varied end-use applications such as coatings, PU, and acrylates. The high performance and low environmental impacts during operational exposure to workers are the key factors contributing to the high consumption of 1,6-hexanediol.BASF SE (Germany), Fushun Tianfu Chemicals Co., Ltd. (China), Lanxess Aktiengesellschaft (Germany), Linshui Nanming Chemical Co., Ltd. (China), Perstorp AB (Sweden), Ube Industries, Ltd. (Japan), Shandong Yuanli Science and Technology Co., Ltd. (China), Zhengzhou Meiya Chemical Products Co., Ltd. (China), Hefei TNJ Chemical Industry Co., Ltd. (China), and Prasol Chemicals Pvt. Ltd. (India).
The surface protection tapes market is projected to grow from USD 12.3 billion in 2019, to reach USD 18.0 billion by 2024, recording a CAGR of 8.0% from 2019 to 2024. The demand for surface protection tapes is driven by the growing use of these tapes due to their durability, ease of application, and ease of removal properties. In addition, advancement in the adhesive tapes technology is projected to offer opportunities for the growth of this market.Toray Industries, Inc. (Japan), Intertape Polymer Group (Canada), Tesa SE (Germany), DowDuPont (US), Chevron Phillips Chemical Company (US), Nitto Denko Corporation (Japan), 3M (US), Berry Global Inc. (US), Avery Dennison (US), and Compagnie de Saint-Gobain S.A. (France)
The hot melt adhesive tapes market size is projected to grow from USD 15.5 billion in 2019 to USD 21.7 billion by 2024, at a CAGR of 7.0%, during the forecast period. The market is witnessing a high growth due to the growing use of hot melt adhesive tapes in diverse applications. The increasing adoption of hot melt adhesive technology is also leading to the growth of the market.3M Company (US), Nitto Denko Corporation (Japan), tesa SE (Germany), Avery Dennison Corporation (US), Intertape Polymer Group Inc. (Canada), Shurtape Technologies, LLC (US), Scapa Group plc (UK), LINTEC Corporation (Japan), ACHEM Technology Corporation (Taiwan), TE Connectivity Ltd (Switzerland)
The antistatic agents market is projected to grow from USD 437 million to USD 594 million by 2024, at a CAGR of 6.3% from 2019 to 2024. The key factor driving the growth of the antistatic agents market is the increasing demand for antistatic agents from the packaging, electronics, and automotive industries. BASF SE (Germany), Arkema (France), Clariant (Switzerland), Croda International PLC. (UK), DowDuPont (US), Evonik Industries AG (Germany), Nouryon (Netherlands), Solvay S.A. (Belgium), PolyOne Corporation (US), Riken Vitamin Co., Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), and Kao Group (Japan)
The alpha-methylstyrene market is projected to grow from USD 473 million in 2019 to USD 543 million by 2024, at a CAGR of 2.8% from 2019 to 2024. Surging demand for Acrylonitrile Butadiene Styrene (ABS) from the automotive and electronic appliances industries is fueling the growth of the market across the globe. Increasing demand for consumer goods from emerging economies acts as an opportunity for the growth of the alpha-methylstyrene market, worldwide. INEOS Group Holding S.A. (Switzerland), AdvanSix (US), Rosneft (Russia), Altivia Corp. (US), SI Group Inc. (US), DOMO Chemicals (Belgium), Kumho P&B Chemicals (South Korea), Taiwan Prosperity Chemical Corp. (Taiwan), Yangzhou Lida Chemicals (China), Mitsubishi Chemical Corporation (Japan), Solvay SA (Belgium), and Mitsui Chemicals, Inc. (Japan) are some of the leading players operating in the alpha-methylstyrene market.
The pre-insulated pipes market is projected to grow from USD 6.4 billion in 2019 to USD 10.2 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. Stringent regulations and initiatives in the European region, such as EPBD and NZEB to reduce the carbon footprint and construct energy efficient buildings are infusing growth in the pre-insulated pipes market. This is also leading to increasing investments in the replacement of existing less efficient district heating systems in the European region. Some of the leading players in the global pre-insulated pipes market include Georg Fischer AG (Switzerland), Logstor (Denmark), Uponor (Finland), Watts Water Technologies (US), Perma-Pipe International Holdings (US), Kabelwerke Brugg (Switzerland), Polypipe Group PLC (UK), and Isoplus Fernwaermetechnik GmbH (Germany), among various others.
The splicing tapes market size is projected to grow from USD 527 million in 2018 to USD 593 million by 2023, at a CAGR of 2.37% during the forecast period. There is a high demand for splicing tapes in the paper & printing and packaging industries due to the increase in population and digitalization in many parts of the globe. Digitalization process has driven the market of online shopping which has propelled the demand for packaging and labeling. Also, paper and paperboard packaging are gaining consumer’s attraction due to their effective solutions in food & beverages, healthcare, manufacturing, personal care, and other industries which is also driving the splicing tapes market.tesa SE (Germany), 3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), Intertape Polymer Group, Inc. (Canada), Scapa Group PLC (UK), Shurtape Technologies, PLC (US), ECHOtape (US), and Adhesive Research, Inc. (US). tesa SE (Germany)
The market size of silicon nitride is projected to grow from USD 90 million in 2018 to USD 127 million by 2023, at a CAGR of 7.2% during the forecast period. Silicon nitride (Si3N4) is an inorganic, non-metallic compound of silicon and nitrogen. It is used as a ceramic material. It offers excellent resistance against abrasion, corrosion, and most chemicals. Among the advanced ceramics, silicon nitride has the highest fracture resistance than other advanced ceramic. Hence, these desirable properties make silicon nitride a suitable material for use in end-use industries such as solar photovoltaic, automotive, general industrial, aerospace, and medical among.UBE (Japan), Denka (Japan), AlzChem (Germany), H.C. Starck (Germany), Yantai Tomley Hi-Tech Advanced Materials Co. Ltd (China), and Vesta Si (Sweden). The leading players for the fabrication of silicon nitride are 3M (US), CeramTec (Germany), Kyocera Fine Ceramics (Japan), Morgan Advanced Ceramics (UK), Toshiba (Japan), Rogers Corporation (US), and CoorsTek (US).
The calcium carbonate market size is projected to grow from USD 21.2 billion in 2019 to USD 28.3 billion by 2024, at a CAGR of 6.0%. The growth of the calcium carbonate market can be attributed to the increased usage as a filler in the paper industry as a replacement for fibers, talc, and kaolin because of its lower price.calcium carbonate market are Imerys (France), Omya AG (Switzerland), Minerals Technologies Inc. (US), Huber Engineered Materials (US), Mississippi Lime Company (US), Carmeuse (Belgium), Sibelco (Belgium), Midwest Calcium Carbonate (US), Calcinor SA (Spain),
The propanol market size is estimated at USD 3.5 billion in 2018 and is projected to reach USD 4.2 billion by 2023, at a CAGR of 4.0%. The propanol market is majorly driven by the household & personal care and pharmaceutical applications in APAC, mainly from India, China, Japan, South Korea, and Southeast Asian countries. Royal Dutch Shell Plc (Netherlands), Exxon Mobil Corporation (US), BASF SE (Germany), The Dow Chemical Company (US), LG Chem Ltd. (South Korea), Sasol Limited (South Africa), Eastman Chemical Company (US), Tokuyama Corporation (Japan), LCY Chemical Corp. (Taiwan), JXTG Holdings, Inc. (Japan), Deepak Fertilisers and Petrochemicals Corporation Ltd. (India), and OXEA GmbH (Germany)
The optical ceramics market is projected to grow from USD 148 million in 2018 to USD 297 million by 2023, at a CAGR of 15%, from 2018 to 2023. The high growth of niche applications consuming optical ceramics across the world, coupled with efficient and superior properties of optical ceramics is driving the market.II-VI Optical Systems (US), CeraNova (US), CeramTec (Germany), Surmet Corporation (US), Schott AG (Germany), CoorsTek (US), Murata Manufacturing Co. Ltd. (Japan), Konoshima Chemicals Co. Ltd. (Japan), Kyocera (Japan), and Saint- Gobain (France).
The market for healthcare adhesive tapes is estimated to grow from USD 27.2 billion in 2018 to USD 37.3 billion by 2023, at a CAGR of 6.51% during the forecast period due the high demand for these tapes for primary treatment of wounds by covering and securing to prevent bacterial infections, and to hold bandages in place. They are also used for securing dressings, catheters, and infusion or drainage devices. It comes in a variety of lengths and widths that are designed to meet a wide range of bandaging needs. The growth of the market is due to the increasing use of these tapes in wound care and for surgery in emerging economies such as India, China, Thailand, Indonesia, Brazil, and Argentina.3M (US), Cardinal Health, Inc. (US), Nitto Denko Corporation (Japan), Johnson & Johnson Services, Inc. (US), PAUL HARTMANN AG (Germany), Avery Dennison Corporation (US), NICHIBAN Co., Ltd. (Japan), Smith & Nephew (UK), Lohmann GmbH & Co.KG (Germany), Scapa Group Plc (US), Medline Industries Inc. (US), and Essity Aktiebolag (PUBL) (Sweden). Nitto Denko Corporation (Japan)
The microporous insulation market is projected to grow from USD 132 million in 2018 to USD 165 million by 2023, at a CAGR of 4.7%, during the forecast period. Microporous insulation is a composite material comprising a blend of ceramic powders and fibers, with an average interconnecting pore size comparable to or even less than mean free path of air molecules at standard atmospheric pressure. The microporous insulation material is inorganic in nature, making it non-combustible and suitable for passive fire protection applications. The growing industrialization in Asia Pacific and South America and increasing oil & gas production in countries, such as the US, Saudi Arabia, Iran, and Russia drive the demand for microporous insulation. The requirement for high thermal insulation products in various applications, such as industrial, oil & gas, energy & power also drive the demand for microporous insulation.Promat International N.V. (Belgium), Morgan Advanced Materials plc (UK), Isoleika S. Coop. (Spain), Unicorn Insulations Limited (China), Guangzhou Huineng Environmental Protection Materials Co. Ltd. (Siltherm) (China), NICHIAS Corporation (Japan), ThermoDyne (US), Unifrax (US), Elmelin Ltd. (UK), and Johns Manville (US).
The market for caprolactam is estimated to grow from USD 13.1 billion in 2018 to USD 15.6 billion by 2023, at a CAGR of 3.59% during the forecast period. Need for lightweight vehicles, the growth of films and coatings applications, and the growth of emerging economies are the major factors driving the caprolactam market. Caprolactam or ¥å-caprolactam is an organic compound and a colorless solid, which is a lactam or a cyclic amide of caproic acid with a melting point of 70¡ÆC (158¢ªF). ¥å-caprolactam is the only common caprolactam isomer, which is usually dropped. ¥å-caprolactam is soluble in water and also in most oxygenated and chlorinated solvents. It is primarily used in the production of nylon 6 fibers and resins. Around 68% of caprolactam is consumed in the production of nylon fibers in the textile industry, globally, for carpet and industrial yarns and is also used in engineering resins and films. The nylon/polyamide made from caprolactam is a high-performance plastic and is widely replacing metal-based applications due to its properties such as impact, high temperature, and abrasion resistance; excellent balance of strength, and resistance to bases. It is a multi-characteristic nylon for industries such as automotive, consumer goods, electrical & electronics, textile, and packaging.AdvanSix Inc. (US), Alpek S.A.B. de C.V. (Mexico), The Aquafil Group (Italy), BASF SE (Germany), Capro Co. (South Korea), China Petrochemical Development Corporation (Taiwan), Domo Chemicals (Germany), Grupa Azoty (Poland), Gujarat State Fertilizers & Chemicals Limited (India), Highsun Group (China), KuibyshevAzot PJSC (Russia), Lanxess AG (Germany), Luxi Chemical Group Co., Ltd. (China), China Petroleum & Chemical Corporation (Sinopec) (China), Spolana (Czech Republic), Sumitomo Chemical Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Ube Industries, Ltd. (Japan), and Zhejiang Hengyi Group Co., Ltd. (China).
The glass filled nylon market is projected to grow from USD 8.2 billion in 2019 to USD 10.8 billion by 2024, at a CAGR of 5.8% between 2019 and 2024. The market is growing due to the high demand from the automotive, industrial, and electrical & electronics industries.BASF SE (Germany), Asahi Kasei Corporation (Japan), Lanxess (Germany), DowDuPont Inc (US), Royal DSM N.V. (Netherlands), Ensinger GmbH (Germany), Arkema (France), SABIC (Saudi Arabia), Evonik (Germany), and Ascend Performance Materials (US).
The optical film market is projected to grow from USD 21.5 billion in 2019 to USD 30.2 billion by 2024, at a CAGR of 7.0% between 2019 and 2024. The market is growing due to the increasing demand from the televisions and smartphones & tablets application for large display panels.LG Chem, Ltd. (South Korea), Hyosung Chemical (South Korea), Toray Industries Inc (Japan), Sumitomo Chemical Co., Ltd. (Japan), Zeon Corporation (Japan), and Kolon Industries Inc. (South Korea).
The tire cord fabrics market size is estimated to be USD 4.9 billion in 2018 and is projected reach USD 6.4 billion by 2023, at a CAGR of 5.59% between 2018 and 2023. The increased vehicle demand, especially light-duty vehicles, around the globe has increased the global vehicle production in the past few years. Subsequently, with the growing vehicle sales, there is an increase in vehicle parc. These factors have indirectly fueled the global tire cord fabrics market. APAC is the key market for tire cord fabrics, globally, followed by Europe and North America. The growing demand for eco-friendly tire cord fabrics is expected to provide opportunities for the market.Indorama Ventures Company Limited (Thailand), Kolon Industries Inc. (South Korea), Hyosung Corporation (South Korea), SRF Limited (India), Kordsa Teknik Tekstil A.S. (Turkey), Teijin Limited (Japan), and Toray Industries Inc. (Japan).
The flexitank market size is estimated at USD 366 million in 2018 and is projected to reach USD 912 million by 2023, at a CAGR of 20.0%. Growth in the global trade of food-grade liquids, non-hazardous chemicals, and pharmaceutical liquids is the major driver for the flexitanks market. Also, its competitive benefits over other traditional substitutes drive the flexitank market. Braid Logistics (Scotland), Bulk Liquid Solutions (India), Environmental Packaging Technologies (US), SIA Flexitanks (Ireland), Trans Ocean Bulk Logistics (US), Qingdao LAF Packaging (China), Hengxin Plastic (China), Qingdao Global Flexitank Logistics (China), Trust Flexitanks (Spain), and Rishi FIBC (India) are the leading players operating in the flexitank market.
The cold flow improvers market size is projected to grow from USD 605 million in 2018 to USD 806 million by 2023, at a CAGR of 5.9%. Cold flow improvers are polymers or co-polymers additive which prevent the formation of crystals in fuel or lubricating oil which can clog the filters and feed lines at low temperature and cause engine shutdown. They are generally used in fuel and lubricating oil.Lubrizol Corporation (US), Chevron Oronite (US), Clariant AG (Switzerland), Afton Chemicals (US), BASF SE (Germany), Innospec (US), Evonik Industries AG (Germany), Infineum International Limited (UK), and Baker Hughes (US).
The textile films market size is estimated to be USD 4.5 billion in 2018 and is projected to reach USD 6.2 billion by 2023, at a CAGR of 6.6%. The growing demand for quality hygiene products and rising awareness about maintaining proper feminine and child hygiene are expected to drive the market between 2018 and 2023. In addition, growing athleisure trend and rapid urbanization are likely to propel the textile films market in the next five years.RKW Group (Germany), Covestro (Germany), Berry Global (US), Mitsui Hygiene (Thailand), Arkema (France), SWM International (US), and Toray Industries (Japan) are the key players operating in the textile films market.
The industrial filters market size is expected to grow from USD 2.7 billion in 2018 to USD 3.7 billion by 2023, at a CAGR of 6.2% during the forecast period. Growing industrialization and urbanization is a major factor driving the industrial filters market. The requirement of a safe working environment in industrial facilities is also driving the demand for industrial filters.Valmet Corporation (Finland), Lydall Inc. (US), 3M (US), Ahlstrom-Munksjo (Finland), Clear Edge Filtration Group (US), Nordic Air Filtration (Denmark), Fibertex Nonwoven (Denmark), Sefar AG (Switzerland), Freudenberg Filtration Technologies (Germany), and Sandler AG (Germany).
The market for engineered fluids (fluorinated fluids) is projected to grow from USD 854 million in 2018 to USD 1,304 million by 2023, at a CAGR of 8.8% during the forecast period. Engineered fluids (fluorinated fluids) are versatile materials that are used for thermal management application. Some of the exceptional properties of these fluids include chemical stability, non-toxicity, non-flammability, high and low-temperature use, and excellent compatibility with a wide range of plastics, metals, and elastomers. Engineered fluids (fluorinated fluids) are used in various end-use Industries such as electronics & semiconductor, automotive, chemical processing, oil & gas, power generation, and aerospace, to reduce friction between machine parts.Daikin Industries (Japan), Solvay SA (Belgium), The Chemours Company (US), 3M (US), Asahi Glass Company (Japan), Halocarbon Products Corporation (US), Halopolymer (Russia), F2 Chemicals (UK), IKV Tribology (UK), Lubrilog Lubrication Engineering (France), Nye lubricants (US), and Interflon (Netherlands).
The fiberglass mold market is projected to grow from USD 309 million in 2019 to USD 468 million by 2024, at a CAGR of 8.7% between 2019 and 2024. The market is growing due to the high demand from wind energy, construction & infrastructure, automotive & transportation, aerospace & defense, and marine industries.Gurit Holding AG (Switzerland), Dencam Composites (Denmark), Norco Composites & GRP (UK), Janicki Industries (US), TPI Composites (US), SCHÜTZ GmbH & Co. KGaA (Germany), Indutch Composites Technology (India), Shandong Shaungyi Technology (China), EUROS GmbH (Germany), and Molded Fiber Glass Companies (US).
The anti-graffiti coatings market report covers both anti-graffiti coatings and anti-graffiti films market. The combined market size of anti-graffiti coatings & films is projected to grow from the estimated USD 72 million in 2018 to USD 87 million by 2023, at a compound annual growth rate (CAGR) of 3.8% during the forecast period. Anti-graffiti coatings and films are widely used as surface protection systems that offer resistance to graffiti or vandalism in the construction and transportation industries. The growth of the anti-graffiti coatings & films market is, therefore, directly associated with the growing demand for graffiti-resistant coatings and films from the construction and transportation industries.Sherwin-Williams Company (US), Evonik Industries (Germany), DuluxGroup (Australia), Axalta Coating Systems (US), Teknos Group (Finland), Merck Group (Germany), Rainguard (US), Wacker Chemie (Germany), 3M (US), Avery Dennison Corporation (US), Opalux (UK), Graffiti Shield (US), Hydron Protective Coatings (UK), and SEI Industrial Chemicals (US).
The global adsorption equipment market is estimated to be USD 370 million in 2018 and is projected to reach USD 478 million by 2023, at a CAGR of 5.3% during the same period. The demand for adsorption equipment is mainly driven by stringent regulations to control VOC emissions in various end-use industries such as automotive paints, chemical, printing, semiconductor, food & beverage, and pharmaceutical.Durr Aktiengesellschaft (Germany), CECO Environmental (US), Evoqua Water Technologies LLC (US), TIGG LLC (US), Chemisch Thermische Prozesstechnik (CTP) GmbH (Austria), TAIKISHA LIMITED (Japan), Environmental C & C Inc. (US), Gulf Coast Environmental Systems (US)
The medical processing seals market size is estimated at USD 1.4 billion in 2018 and is projected to reach USD 1.8 billion by 2023, at a CAGR of 5.0%. The global medical processing seals industry is witnessing growth because of increasing demand from applications such as medical equipment & devices, technological advancements, and increasing demand in APAC, mainly from India, China, Korea, and the Southeast Asian countries. Also, the growing healthcare sector in the region is expected to increase the demand for medical equipment & devices, thereby benefiting the growth of the medical processing seals market.IDEX Corporation (US), Saint-Gobain S.A. (France), Freudenberg Group (Germany), Trelleborg AB (Sweden), Parker Hannifin Corp (US), Minnesota Rubber and Plastics (US), Marco Rubber & Plastic Products, LLC (US), Morgan Advanced Materials Plc (UK), Bal Seal Engineering, Inc. (US), and Techno AD Ltd (Israel)
The hybrid fabric market is projected to grow from USD 197 million in 2019 to USD 415 million by 2024, at a CAGR of 16.0% during the forecast period. The market is growing because of the high demand from the automotive & transportation, wind energy, and sports & recreational end-use industries. Hybrid fabric is preferred as it can reduce the weight of the product and is stronger than metallic parts. The market witnessed strong growth in the past few years owing to the growing use in the US, Germany, China, Brazil, and Japan.Royal DSM N.V. (Netherlands), SGL Group (Germany), Gurit (Switzerland), Hexcel Corporation (US), Exel Composites (Finland), Solvay (Belgium), Textum Inc. (US), BGF Industries, Inc. (US), HACOTECH GmbH (Germany), and Arrow Technical Textiles Pvt. Ltd. (India).
The market size of cosmetic dyes is to be USD 280 million in 2018 and is projected to reach USD 366 million by 2023, at a CAGR of 5.5%, from 2018 to 2023. The high growth of applications consuming cosmetic dyes across the world coupled with efficient and superior properties of these cosmetic dyes is driving the market.Sensient Cosmetic Technologies (France), Clariant (Switzerland), DyStar (Singapore), Neelikon (India), Chromatech (India), Pylam (US), Organic Dyes and Pigments (US), Koel Colours (India), Aakash Chemicals and Dyestuffs (US), and Goldmann Group (Germany).
The market size of battery additives is estimated at USD 1.2 billion in 2018 and is projected to reach USD 1.8 billion by 2023, at a CAGR of 9.0%. The growing demand for Li-ion batteries in consumer electronics, high adoption of HEV, PHEV, and EV in the automotive industry, and the increasing investments in renewable energy are factors fueling the growth of the market. However, underdeveloped support infrastructure for EVs is a major restraint for market growth.Cabot Corporation (US), 3M (US), IMERYS (France), Orion Engineered Carbons (Luxembourg), Hammond Group (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), and ALTANA (Germany).
The global oil & gas processing seals market is estimated to be USD 5.7 billion in 2018 and is projected to reach USD 6.4 billion by 2023, at a CAGR of 2.5 % during the same period. The increased production of shale gas in developing and developed countries is expected to drive the oil & gas processing seals marketFreudenberg Group (Germany), John Crane (US), Flowserve Corporation (US), Parker Hannifin Corp (US), Solenis (US), Saint-Gobain (France), Trelleborg AB (Sweden), DuPont (US), Precision Polymer Engineering (UK), M. Barnwell Services Limited (UK), and Techno AD Ltd (Israel)
The phase transfer catalyst market is projected to grow from USD 960 million in 2018 to USD 1,232 million by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period from 2018 to 2023. Rising demand and adoption of green chemistry in organic synthesis is the major factor driving the growth of the phase transfer catalyst market across the globe.SACHEM Inc. (US), Tokyo Chemical Industry Co., Ltd. (Japan), Nippon Chemical Industrial Co., Ltd. (Japan), Dishman Group (India), PAT IMPEX (India), Tatva Chintan Pharma Chem Pvt. Ltd. (India), Central Drug House (P) Ltd. (India), Pacific Organics Private Limited (India), Otto Chemie Pvt. Ltd. (India), and Volant-Chem Corp. (China) are the key players operating in the phase transfer catalyst market
The market size of HBPA epoxy resin is estimated at USD 1.7 billion in 2018 and is projected to reach USD 2.2 billion by 2023, at a CAGR of 5.1%, between 2018 and 2023. The HBPA epoxy resin market is driven by the growth of the power generation industry in developing countries and an increase in the need to protect concrete floors in the industrial and commercial facilities. However, volatility in raw material prices is a major restraint for market growth. Hexion (US), Atul Chemicals (India), New Japan Chemical Company (Japan), Aditya Birla Chemicals (India), Kukdo Chemicals (South Korea), Anhui Xinyuan Chemical Company (China), SIR Industriale (Italy), Emerald Performance Material (US), Nagase America Corporation (US), and Huntsman Corporation (US).