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 aromatic solvents market is projected to grow from USD 7.27 billion in 2018 to USD 8.29 billion by 2023, at a CAGR of 2.66% during the forecast period. Aromatic solvent is a type of hydrocarbon that has alternating double and single bonds between carbon atoms, which form rings. Aromatic solvents are powerful solvents for organic liquids. Hence, they are widely used in a variety of industries such as paints, petrochemicals, nail polish removers, cleaners, adhesives, dyes, and varnishes.Companies such as Royal Dutch Shell Plc. (Netherlands), SK Global Chemical Co., Ltd. (South Korea), and ExxonMobil Corporation (US) have adopted these strategies to strengthen their market
The packaging coating additives market is projected to grow from USD 688.4 million in 2018 to USD 874.5 million by 2023, at a CAGR of 4.9% from 2018 to 2023. Increasing demand for packaged foods is driving the growth of the packaging coating additives market. Major players operating in the packaging coating additives market include Croda International Plc (UK), BASF SE (Germany), Clariant AG (Switzerland), Lonza Group (Switzerland), 3M Company (US), Arkema Group (France), Evonik Industries AG (Germany), and Solvay S.A. (Belgium), among others.
The flotation reagents market is projected to grow from USD 3.93 billion in 2017 to USD 5.55 billion by 2023, at a CAGR of 6.0% between 2018 and 2023. The flotation reagents market across the globe is driven by their increasing use in water & wastewater treatment, explosives & drilling, and mineral processing applications. The base year considered for the study is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the flotation reagents market are BASF SE (Germany), Cytec Solvay Group (Belgium), Clariant AG (Switzerland), Kemira OYJ (Finland), Huntsman (US), Dow Chemical (US), AkzoNobel (Netherland), SNF FLOERGER SAS (France), Evonik (Switzerland), and Orica (Australia).
The foam tape market is estimated at USD 7.44 billion in 2018 and is projected to reach USD 10.35 billion by 2023, at a CAGR of 6.83% from 2018 to 2023. The increasing use of foam tape in various industries such as electrical & electronics, building & construction, automotive, and paper & printing is driving the foam tape market. 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), HALCO (US), 3F (Germany), and Scapa Group Plc (UK) are some of the key players operating in the foam tape market.
The paper pigments market is estimated to be USD 13.52 billion in 2018 and is projected to reach USD 17.72 billion by 2023, at a CAGR of 5.6% from 2018 to 2023. The high demand for paper in emerging countries is leading to the increasing consumption of paper. Despite the increasing use of electronic devices and e-publishing, both, the demand for coated as well as uncoated paper is projected to drive the paper pigments market.Companies such as Omya (Switzerland), Imerys (France), Minerals Technologies (US), BASF (Germany), Ashapura Group (India), Huber (US), Kemira Oyj (Finland), Chemours (US), Thiele Kaolin Company (US), and KaMin/CADAM (US), have adopted various developmental strategies, such as mergers & acquisitions, agreements, partnerships & joint ventures, and investments & expansions to enhance their footholds in the market.
The global fiberglass roving market is projected to grow from USD 8.24 billion in 2018 to USD 11.02 billion by 2023, at a CAGR of 6.0% during the forecast period. The fiberglass roving market is growing due to the high demand from the wind energy, electrical & electronics, pipes & tanks, construction & infrastructure, and transportation industries. Fiberglass roving products are preferred as they can reduce the weight of the product and are stronger than metallic parts. The fiberglass roving market witnessed strong growth in the past few years due to the growing use in the US, Germany, China, Brazil, and Japan.Companies such as Owens Corning (US), Jushi Group (China), Chongqing Polycomp International Corp. (China), and Taishan Fiberglass (China) are some of the leading players in the global fiberglass roving market
The biocompatible 3D printing materials market size is estimated to be USD 308.1 million in 2018 and is projected to reach USD 832.7 million by 2023, at a CAGR of 22.0% between 2018 and 2023. This growth is attributed to the increasing use of biocompatible 3D printing materials in medical applications such as implants & prosthesis, tissue engineering, and hearing aid among others.3D Systems, Inc. (US), Evonik Industries AG (Germany), Stratasys Ltd. (US), Concept Laser, GmBH (Germany), EOS GmBH Electro Optical Systems (Germany), Renishaw PLC. (UK), Formlabs Inc. (US), EnvisionTEC, Inc. (Germany), 3D Composites (US), and Aspect Biosystems Ltd. (Canada) are the key players operating in the biocompatible 3D printing materials market.
The global marine composites market size is projected to grow from USD 4,516.5 million in 2021 to USD 6,266.8 million by 2027, at a CAGR of 5.6% during the forecast period. Growth of the market can be attributed to the high demand for marine composites from the power boats segment due to the growing recreational boating market in Europe and North America. The market has witnessed significant growth over the last few years due to the increasing demand for lightweight and corrosion-resistant boats.Owens Corning (US), Toray Industries, Inc. (Japan), SGL Group (Germany), Cytec Solvay Group (US), Teijin Limited (Japan), Mitsubishi Rayon Co. Ltd. (Japan), Hexcel Corporation (US), E. I. Du Pont de Nemours and Company (US), and Hyosung (South Korea) are some of the leading players in the marine composites market
The global energy efficient glass market is estimated to be USD 25.11 billion in 2018 and is projected to reach USD 32.02 billion by 2023, at a CAGR of 5.0% between 2018 and 2023. The increased demand for energy efficient glass in the building & construction, automotive, and solar panel industries is expected to drive the energy efficient glass market.Companies such as Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), AGC Inc. (Japan), SCHOTT AG (Germany), Guardian Glass, LLC. (US), Sisecam Group (Turkey), and Vitro Architectural Glass (US) are the leading players in the energy efficient glass market
The aroma ingredients market is expected to grow from USD 2.27 billion in 2018 to USD 2.83 billion by 2023, at a CAGR of 4.5% between 2018 and 2023. Rising demand for personal care products and changes in lifestyles and consumer preferences is expected to drive the growth of the aroma ingredients market during the forecast period. Some of the key players in the aroma ingredients market include Symrise (Germany), Takasago International Corporation (Japan), Sensient Technologies Corporation (US), MANE (France), Robertet SA (France), T. Hasegawa Co., Ltd. (Japan), Frutarom (Israel), Givaudan (Switzerland), Firmenich SA (Switzerland), and International Flavors & Fragrances Inc. (US).
The global anti-slip additives market is estimated to be USD 355.1 million in 2018 and is projected to reach USD 444.7 million by 2023, at a CAGR of 4.6% from 2018 to 2023. Increasing population and rapid urbanization are expected to drive the growth of the global anti-slip additives market. BYK Chemie GmbH (Germany), PPG Industries, INC. (US), Hempel A/S (Denmark), Rust-Oleum Corporation (US), and Vexcon Chemicals (Japan) are some of the leading players in the global anti-slip additives market.
The increasing demand for XPP foam from the automotive end-use industry is expected to drive the growth of the XPP foam market. In terms of value, the global XPP foam market is estimated to be USD 751.0 million in 2018 and is projected to reach USD 1048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. Key global players of the XPP foam market are Borealis (Austria), BASF (Germany), Braskem (Brazil), DS Smith (UK), JSP Corporation (Japan), Furukawa Electric (Japan), Mitsui Chemicals (Japan), Sekisui Voltek (US), Sonoco (US), Sohner Plastics (Germany), NMC SA (Belgium), Pregis (US), Toray Industries (Japan), Sumitomo Chemical (Japan), and Zotefoams (UK).
The automotive catalyst market is estimated to be USD 12.35 billion in 2018 and is projected to reach USD 15.73 billion by 2023, at a CAGR of 5.0% from 2018 to 2023. Growth of this market can be attributed to the rising use of automotive catalysts in emerging economies. In addition, increasing disposable income in emerging economies is also anticipated to fuel the growth of the automotive catalyst market. BASF (Germany), Johnson Matthey (UK), Umicore (Belgium), Cataler (Japan), Cummins (US), Heraeus (Germany), INTERKAT (Germany), Tenneco (US), are the key players operating in the automotive catalyst market.
The coupling agent market is projected to reach USD 614.1 million by 2023, at a CAGR of 3.5% from 2018 to 2023. Coupling agents are bifunctional compounds, which are manufactured by using silica and mono-silanes. The superior binding properties along with high adhesion and ease of processing make coupling agents a choice of material for various applications in rubber tire manufacturing and other automotive components. Coupling agents are mainly used in rubber & plastics and fiber treatment applications. The growth of these applications is driving the coupling agent market, globally. The key companies profiled in the global coupling agent market research report include Wacker Chemie (Germany), Momentive Performance Materials (US), Dow-DuPont (US), Evonik (Germany), and Shin-Etsu Chemicals (Japan), and others.
The global talc market is projected to grow from an estimated USD 2.68 billion in 2018 to USD 3.35 billion by 2023, at a CAGR of 4.6% from 2018 to 2023. Talc is also used as a coating agent in rotogravure and offset papers, wherein it improves the runnability of offset papers and the quality of finished papers. It is also used to improve the quality and productivity of certain specialty papers, such as colored papers and labels. Among regions, Asia Pacific is projected to lead the talc market in terms of value. The growth of the Asia Pacific talc market can be attributed to rapid industrialization, growth of the automotive sector, and increasing demand for talc from the cosmetics & personal, ceramics, paints & coatings, and pharmaceuticals end-use industries in the region. Key players in the talc market include Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), Golcha Minerals (India), and Nippon Talc (Japan), among others.
The spiral membrane market is projected to grow from USD 5.10 billion in 2018 to USD 8.20 billion by 2023, at a CAGR of 10.0% from 2018 to 2023. Spiral membranes are used in a wide range of end-use industries, such as water & wastewater treatment, food & beverages, pharmaceutical & biotechnology, oil & gas, and chemical & petrochemical. They act as a selective barrier, allowing the passage of certain constituents while retaining others. These membranes are mainly termed as filtration elements and are widely used in commercial and industrial applications. With recent developments in spiral membrane materials and increasing demand for the reduction of energy consumption in the chemical processing industry, newer membranes and processes are being developed for new applications.. DowDuPont Inc. (US), Toray Industries, Inc. (US), Hydranautics (US), LG Water Solutions (South Korea), SUEZ Water Technologies and Solutions (France), Merck Group (Germany), Pentair plc (US), Koch Membrane Systems (US), Pall Corporation (US), and Lanxess (Germany) are the key players operating in the spiral membrane market.
The increasing demand for epoxy primer in various applications and the growing awareness to reduce the loss caused by corrosion are expected to drive the growth of epoxy market. In terms of value, the global epoxy primer market is estimated to be USD 8.52 billion in 2018 and is projected to reach USD 10.91 billion by 2023, at a CAGR of 5.1% between 2018 and 2023.Key global players of the epoxy primer market are The Sherwin-Williams Company (US), PPG Industries Inc. (US), AkzoNobel N.V. (Netherlands), BASF SE (Germany), Axalta Coating Systems LLC (US), Kansai Paint Co. Ltd. (Japan), Nippon Paint Co. Ltd. (Japan), Tikkurila Oyj (Finland), and RPM International Inc. (US).
The Intumescent Coatings Market is expected to grow from USD 900.1 million in 2018 to USD 1,110.0 million by 2023, at a CAGR of 4.3% during the forecast period. Key companies profiled in this research report on the intumescent coatings market include AkzoNobel (Netherlands), PPG (US), Jotun (Japan), The Sherwin-Williams Company (US), and Hempel (Denmark).
The cellulose esters market is projected to grow from USD 8.76 billion in 2017 to USD 12.43 billion by 2023, at a CAGR of 6.0% from 2018 to 2023. The growth of the cellulose esters market across the globe is driven by the increasing use of cellulose esters in coatings, films & tapes, and cigarette filters applications. The base year considered for the study on the cellulose esters market is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the cellulose esters market are Eastman Chemical Company (US), Solvay (Belgium), China National Tobacco Corporation (China), Daicel Corporation (Japan), Celanese Corporation (US), Acordis Cellulostic Fibers (US), Sappi (South Africa), Mitsubishi Chemical Holdings Corporation (Japan), Rayonier Advanced Materials (US), and Sichuan Push Acetati (China).
The polyamide-imide resin market is estimated to be USD 501.7 million in 2017 and is projected to reach USD 687.1 million by 2022, at a CAGR of 6.5% between 2017 and 2022. The high demand for polyamide-imide resins from various end-use industries and superior properties of polyamide-imide resins are key factors driving the growth of the polyamide-imide resin market. The expansion of end-use industries, such as automotive, aerospace, electrical & electronics, and oil & gas, is another significant factor projected to influence the growth of the polyamide-imide resin market. Key players operating in the polyamide-imide resin market include Solvay (Belgium), Quadrant (US), Toyobo (Japan), Ensinger (Germany), Innotek Technology (China), and Kermel (France).
The global catalyst carriers market is estimated to be 121.2 kilotons in 2018 and is projected to reach 151.8 kilotons by 2023, at a CAGR of 4.6%. The market is witnessing growth due to the increasing consumption in petroleum derivatives and growing energy demand in fast-growing emerging economies. Stringent regulations associated with petroleum treatment and demand for efficient catalysis across industrial verticals are also increasing the consumption of catalyst carriers. Catalyst carrier manufacturers such as CeramTec GmbH (Germany), Saint-Gobain (France), W. R. Grace & Co. (US), CoorsTek Inc. (US), Cabot Corporation (US), Almatis GmbH (Germany), Sasol Ltd. (South Africa), Evonik Industries AG (Germany), NORITAKE CO., LIMITED (Japan), and Magma Ceramics & Catalysts (UK) have been covered in the report.
The tubular membranes market in Zero Liquid Discharge (ZLD) systems is estimated to be USD 718.7 million in 2018 and is projected to reach USD 1,056.2 million by 2023, at a CAGR of 8.0% between 2018 and 2023. Some of the major drivers for the market include growing emphasis on reducing the capital and operating costs of ZLD systems with the use of membranes, and increasing regulations on wastewater discharge from various industries across the world.include Porex Corporation (US), Berghof Membranes (Netherlands), Microdyn-Nadir (Germany), Pentair plc (US), PCI Membranes (UK), Dynatec Systems, Inc. (US), Hyflux Ltd.(Singapore), Spintek Filtration Inc. (US),
The circuit materials market size is estimated to be USD 30.58 billion in 2018 and is projected to reach USD 36.85 billion by 2023, at a CAGR of 3.8% between 2018 and 2023. The growth of the circuit materials market can be attributed to their property of high conductivity which is increasing their demand in the electronics sector. Key players operating in the circuit materials market include Shengyi Technology (China), Kingboard Laminates (Hong Kong), ITEQ Corporation (Taiwan), DowDuPont (US), Jinan Guoji Technology (China), Eternal Materials (Taiwan), Rogers Corporation (US), Taiflex Scientific (Taiwan), Isola Group (US), and Nikkan Industries (Japan).
The non woven tape market is estimated at USD 3.17 billion in 2018 and is projected to reach USD 4.55 billion by 2023, at a CAGR of 7.46% from 2018 to 2023. The increasing use of non woven tapes in various applications, such as medical & hygiene, electrical & electronics, and automotive & transportation is driving the growth of the non woven tape market. 3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), LINTEC Corporation (Japan), Tesa SE (Germany), Scapa Group Plc (UK), PAUL HARTMANN AG (Germany), Nichiban Co., Ltd. (Japan), Teraoka Seisakusho Co., Ltd. (Japan), Intertape Polymer Group, Inc. (Canada), and Berry Global Group, Inc. (US). are some of the key players operating in the non woven tape market.
The market size of ceramic balls is estimated at USD 433.0 million in 2018 and is projected to reach USD 636.3 million by 2023, at a CAGR of 8.0% between 2018 and 2023. The growth of the market can be attributed to the increasing use of ceramic balls in the automotive and chemical end-use industries owing to their superior properties such as resistance to corrosion & heat, durability, and high temperature resistance.Saint-Gobain (France), Honeywell International (US), Axens (France), Toshiba Materials Co., Ltd. (Japan), Coorstek Inc. (US), Fineway Inc. (Canada), Industrial Tectonics Inc. (US), Metalball (France), Global Precision Ball & Roller (US), Devson Catalyst Private Limited (India), and Topack Ceramics Pvt. Ltd. (India) are the key players operating in the ceramic balls market.
The geocomposites market is estimated at USD 423.7 million in 2018 and is projected to reach USD 740.0 million by 2023, at a CAGR of 11.8% between 2018 and 2023. The growth of the geocomposites market can be attributed to the growing construction & infrastructural projects, supportive government policies, and increasing environmental protection regulations.GSE Environmental (US), TenCate Geosynthetics (US), Maccaferri S.P.A. (Italy), ABG LTD (UK), and Thrace Group (Greece) are the key players operating in the geocomposites market.
The military aerospace coatings market is estimated to be USD 310.7 million in 2018 and is projected to reach USD 390.7 million by 2023, at a CAGR of 4.69% during the forecast period. The market is driven due to the use of military aerospace coatings by different user types, such as OEM and MRO. The high demand for military aerospace coatings for different military aircraft, such as fixed wing and rotary wing is also driving the military aerospace coatings market.Key players in the military aerospace coatings market include PPG (US), Akzo Nobel (Netherlands), Sherwin-Williams (US), Hentzen Coatings (US), Mapaero (France), 3Chem (US), Creative Coatings (US), and Qioptiq (UK).
The preference for film adhesives over conventional adhesives in high-end aerospace applications is one of the most significant factors projected to drive the growth of the film adhesives market. This market is estimated to be USD 1.24 billion in 2018 and is projected to reach USD 1.62 billion by 2023, at a CAGR of 5.5% between 2018 and 2023. Key companies operating in the film adhesives market include H.B. Fuller (US), Henkel (Germany), Arkema (Bostik) (France), 3M (US), and Cytec Solvay Group (Belgium).
The high temperature composite resin market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% during the forecast period. The growth of the market can be attributed to the high demand for high temperature composite resins from the aerospace & defense, transportation, electrical & electronics, oil & gas, building & construction, and medical industries. The market has witnessed significant growth over the last few years due to the increased demand for high temperature composite resins for high thermal resistant and lightweight aircraft and automotive parts. Some of the key players operating in the high temperature composite resin market include Huntsman International (US), Hexion (US), Hexcel Corporation (US), Royal TenCate (Netherlands), Sumitomo Bakelite (Japan), and Arkema (France). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the high temperature composite resin market.
The global self-cleaning glass market is projected to grow from an estimated USD 99.1 million in 2018 to USD 122.7 million by 2023, at a CAGR of 4.4% from 2018 to 2023. The growth of the construction industry is a major factor driving the self-cleaning glass market. The low lifetime-cost of self-cleaning glass is another factor fueling the growth of this market; cost-cutting on labor and detergent otherwise required to wash the glass reduces the lifetime-cost of self-cleaning glass. Key players in the self-cleaning glass market include Nippon Sheet Glass (Japan), Saint-Gobain (France), Guardian Industries (US), Cardinal Glass Industries (US), and Asahi Glass Co. (Japan), among others.
The acrylic elastomers market is projected to grow from USD 648.2 million in 2017 to USD 983.9 million by 2022, at a CAGR of 8.7% during the forecast period. The growth of the acrylic elastomers market can be attributed to the rising demand for acrylic elastomers from the automotive industry. Additionally, key automobile producers in APAC countries, especially in India, are focused on increasing their automotive manufacturing capacities, thereby driving the demand for acrylic elastomers. Superior properties of acrylic elastomers, such as excellent heat and oil resistance, have made them an ideal choice for under-the-hood automotive applications. BASF SE (Germany), DowDuPont (US), Zeon Corporation (Japan), NOK Corporation (Japan), Trelleborg AB (Sweden), DER-GOM (Italy), Chengdu Dowhon Industry Co., Ltd. (China), Denka Company Ltd. (Japan), and Kuraray Co., Ltd. (Japan) are leading players operating in the acrylic elastomers market.
The anti-icing coating market is estimated to be USD 423.4 million in 2018 and is projected to reach USD 1,268.1 million by 2023, at a CAGR of 24.5% during the forecast period. The market is driven due to the use of anti-icing coatings in different end-use industries, namely, automotive & transportation, renewable energy, communication equipment, construction, and others. The high demand for anti-icing coating from the aerospace, automobile, marine, and rail applications of the automotive & transportation end-use industry and solar & wind energy plants of the renewable energy end-use industry is also driving the anti-icing coating market. Key players profiled in the anti-icing coating market report include PPG (US), DowDuPont (US), Fraunhofer (Germany), Battelle (US), CG2 Nanocoatings (Canada), Aerospace & Advanced Composites (Austria), Nanosonic (US), NEI Corporation (US), Cytonix (US), NeverWet (US), and others.
The flexible substrates market is projected to grow from USD 402.9 million in 2018 to USD 775.8 million by 2023, at a CAGR of 14.0% during the forecast period from 2018 to 2023. The growth of the flexible substrates market can be attributed to the increasing demand from the electronics industry across the globe. Flexible substrates are increasingly being used in the production of flexible printed circuit boards. They are also used for the production of solar modules. Moreover, their increased use in the manufacturing of medical & healthcare devices is also driving the growth of the flexible substrates market across the globe. Increased consumption of flexible substrates in solar application is also leading to the growth of the flexible substrates market, worldwide. Teijin (Japan), Schott (Germany), Corning (US), Polyonics (US), Kolon industries (South Korea), and Heraeus (Germany) are the leading players operating in the flexible substrates market.
The formulation additives market is estimated at USD 20.62 billion in 2018 and is projected to reach USD 27.86 billion by 2023, at a CAGR of 6.2% during the forecast period. This growth can be attributed to the increasing demand for formulation additives in the construction and transportation industries. In addition, the rising demand for formulation additives due to increasing furniture & flooring and oil & gas manufacturing in emerging economies is another significant factor contributing to the growth of the formulation additives market. Major players, such as BASF (Germany), Eastman (US), Evonik (Germany), BYK Additives (Germany), Dow (US), Cabot (US), Allnex (Germany), Münzing (Germany), Arkema (France), Honeywell (US), and Momentive (US) have adopted growth strategies such as expansions and acquisitions to strengthen their foothold in the formulation additives market.
The plastic straps market is projected to grow from USD 1.32 billion in 2017 to USD 3.68 billion by 2023, at a CAGR of 18.8 % from 2018 to 2023. The growth of the plastic straps market is driven by the increasing use of plastic straps in the paper, steel, and bricks & tiles industries. The base year considered for the study is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the plastic straps market are Crown Holdings (US), Polychem Corporation (US), Teufelberger (Austria), FROMM Packaging (US), Messersi Packaging (Italy), Dubose Strapping (US), Auto Strap (India), and PAC Strapping (US).
The thermal ceramics market is estimated to be USD 3.36 billion in 2018 and is projected to reach USD 5.02 billion by 2023, at a CAGR of 8.4% from 2018 to 2023. The high demand for thermal ceramics in various end-use industries, such as chemical & petrochemical, mining & metal processing, and manufacturing, are expected to drive the thermal ceramics market. The key players operating in the thermal ceramics market include Morgan Thermal Ceramics (UK), Unifrax (US), IBIDEN (Japan), Isolite Insulating Products (Japan), Luyang Energy-Saving Materials (China), RHI Magnesita (Austria), Rath (US), Mitsubishi Chemical Corporation (Japan), 3M (US), and YESO Insulating Products (China).
Silicone Adhesives Market size was USD 2.06 Billion in 2016 and is estimated to reach USD 2.95 Billion by 2022, at a CAGR of 6.24% between 2017 and 2022. Continuous development strategies adopted by major players, including new product launches, investments & expansions, mergers & acquisitions, and partnerships, to expand their global presence and increase their market shares are expected to drive the silicone adhesives market. 3M Company (US), Wacker Chemie AG (Germany), Dow Corning Corporation (US), and Momentive Performance Materials Inc. (US) are some of the major players in silicone adhesives market.
The Purified Terephthalic Acid (PTA) market is projected to grow from USD 48.14 Billion in 2018 to USD 61.78 Billion by 2023, at a CAGR of 5.1% during the forecast period. Purified terephthalic acid is used to manufacture polyester resins, such as polyester fiber & yarn, PET, and polyester films. It is also used to manufacture various chemical intermediates, such as liquid crystal polymers, cyclohexane dimethanol, and polytrimethylene terephthalate. Key players operating in the purified terephthalic acid market include Reliance Industries Limited (India), Sinopec Corporation (China), British Petroleum (UK), Indorama Ventures Public Company (Thailand), and SABIC (Saudi Arabia).
The HTPB market size is estimated to be USD 131.9 Million in 2017 and is projected to reach USD 215.7 Million by 2022, registering a CAGR of 10.3% between 2017 and 2022. The growing demand for missiles and rockets requiring technologically efficient HTPB-based rocket fuel and rising investment in space technologies are major drivers of the global HTPB market during the forecast period.Major players in the HTPB market are TOTAL Cray Valley (France), Evonik Industries (Germany), Idemitsu Kosan (Japan), CRS Chemicals (US), Emerald Performance Materials (US), ISLAND PYROCHEMICAL INDUSTRIES CORP (US), Monomer-Polymer & DAJAC Labs (US), Zibo Qilong Chemical Industry (China), and Aerocon Systems Co. (US). MACH I, (US), Polymer Source (Canada), and RCS Rocket Motor Components (US) are major distributors of HTPB globally.
The medical membranes market is projected to grow from USD 2.13 Billion in 2017 to USD 3.31 Billion by 2022, at a CAGR of 9.2% during the forecast period. Medical membranes are increasingly used in the healthcare, pharmaceutical, biotechnology, and life sciences industries. In the medical sector, the choice of membranes depends on various factors that include environments of the proposed application, degree of sterility required, chemical compatibility, biocompatibility, and the degree of hydrophobicity.Pall Corporation (US), Asahi Kasei (Japan), 3M (US), Sartorius (Germany), and Merck Millipore (US) are key companies operating in the medical membranes market. Other major manufacturers of medical membranes include GE Healthcare (US), Koch Membrane Systems (US), and W. L. Gore & Associates (US).
The global water clarifiers market is estimated to reach USD 7.43 Billion by 2022, at a CAGR of 6.6% from USD 5.39 Billion in 2017. The water clarifiers market has witnessed significant growth in recent years, owing to stringent regulations related to environment and water treatment. Increasing population and industrialization, coupled with declining freshwater resources has compelled governments of several countries to implement water treatment regulations, which, in turn, are driving the consumption of water clarifiers around the world. Major players in the global water clarifiers market are SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Buckman Laboratories, Inc. (US), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).
The anionic surfactants market was estimated at USD 16.36 Billion and is projected to reach USD 20.10 Billion by 2022, at a CAGR of 4.2% from 2017 to 2022. The market is expected to witness high growth in several growing economies of Asia Pacific and the Middle East & Africa owing to the increasing spending power, growth in the infrastructure industry, and growth in the manufacture of detergents and cosmetics. Increasing population and rising consumption of personal care products are also contributing significantly to the growth of the anionic surfactants market in Asia Pacific. The global anionic surfactants market has a large number of market players; however, the market is led by some major players, such as AkzoNobel (Netherlands), BASF (Germany), Clariant (Switzerland), DowDuPont (US), Evonik (Germany), Croda International (US), Stepan Company (US), Huntsman (US), Kao Corporation (Japan), and Galaxy Surfactants (India), among others.
The global cyanate ester resins market was valued at USD 184.3 Million in 2016 and is projected to reach USD 338.8 Million by 2022, at a CAGR of 11.7% during the forecast period. The base year considered for the study is 2016, while the forecast period is between 2017 and 2022. Key companies profiled in the global cyanate ester resins market research report include Lonza (Switzerland), Huntsman (US), Cytec Solvay Group (US), Henkel (Germany), Tencate Advanced Composites (Netherlands), and others.
The market size of hydrophobic coatings is estimated to grow from 10,022.5 Tons in 2017 to 13,099.0 Tons by 2022, at a CAGR of 5.5%. Growing demand from end-use industries and superior properties of hydrophobic coatings are driving the market. The growth of the market majorly depends on the growth of end-use industries such as automotive, building & construction, marine, aerospace, medical, and electronics. The leading players in the hydrophobic coatings market are Drywired (US), BASF SE (Germany), PPG Industries (US), The 3M Company (US), NeverWet (US), and NEI Corporation (US).
The global ceramic foams market is estimated to be USD 343.2 Million in 2018 and is projected to reach USD 441.7 Million by 2023, at a CAGR of 5.2% between 2018 and 2023. The market is witnessing growth due to the increasing use of ceramic foams as filters in the metal casting industry and stringent regulations regarding pollution control. The growth is further driven by the demand for thermally insulated and soundproof residential and non-residential infrastructure. Ceramic foams manufacturers such as Ultramet (US), Vesuvius Plc (UK), SELEE Corporation (US), ERG Aerospace Corp. (US), Saint-Gobain High-Performance Refractories (US), Pyrotek (US), Induceramics (US), LANIK s.r.o (Czech Republic), Drache GmbH (Germany), and Baoding Ningxin New Material Co., Ltd. (China) have been covered in the report.
The GFRG market is projected to reach USD 3.44 Billion by 2023, at a CAGR of 7.0% between 2018 and 2023. The growth of the GFRG market can be attributed to the increasing use of GFRG in construction activities, owing to their exceptional properties, such as aesthetic appeal, sound absorption, fire resistance, moisture resistance, and rapid construction.Formglas (US), USG Corporation (US), Chiyoda UTE (Tokyo), Continental Building Products (US), CertainTeed (US), Knauf Danoline (Denmark), Saint-Gobain Gyproc (France), and Georgia-Pacific (US) are the key players operating in the GFRG market. These players offer a wide range of GFRG to strengthen their competitive position and cater to the growing demand for GFRG from the building & construction industry.
The retro-reflective materials market is estimated at USD 5.58 Billion in 2018 and is projected to reach USD 12.49 Billion by 2023, at a CAGR of 17.5% between 2018 and 2023. The growth of the retro-reflective materials market can be attributed to the increasing use of retro-reflective materials in construction & infrastructure and automotive & transportation projects, owing to the property of offering safety by providing enhanced visibility in low light and nighttime conditions.3M (US), Avery Dennison (US), ORAFOL (Germany), Dominic Optical (China), Changzhou Hua R Sheng Reflective Material (China), Coats Group (UK), Nippon Carbide Industries (Japan), Paiho Group (Taiwan), Asian Paints PPG (India), and Reflomax (South Korea) are key players operating in the retro-reflective materials market. These key players offer a wide range of retro-reflective materials to strengthen their competitive positions and cater to the growing demand for retro-reflective materials from the construction & infrastructure and automotive & transportation industries, among others.3M (US) is a major player in the retro-reflective materials market. The company is focused on expanding its product portfolio and gaining a competitive edge over other players in the retro-reflective materials market.
The sodium silicate market size was estimated to be USD 8.91 Billion in 2017 and projected to reach USD 11.03 Billion by 2022, registering a CAGR of 4.4% between 2017 and 2022. The growing demand for detergents globally and rising demand for precipitated silica from the rubber & tire industry are expected to be the major drivers for the global sodium silicate market during the forecast period. The key companies profiled in the sodium silicate market research report are PQ Corporation (US), Occidental Petroleum Corporation (US), Tokuyama Corporation (Japan), Nippon Chemical Industrial (Japan), BASF (Germany), Kiran Global Chem Limited (India), Sinchem Silica Gel (China), Shijiazhuang Shuanglian Chemical Industry (China), IQE Group (Spain), and CIECH (Poland).
The magnesium alloys market is estimated at USD 1.30 Billion in 2018 and is projected to reach USD 2.37 Billion by 2023, at a CAGR of 12.7% during the forecast period. The growth of the market can be attributed to the high demand for magnesium alloys from the automotive & transportation, electronics, aerospace & defense, medical, and power tools industries. The market has witnessed significant growth over the last few years, due to the increased demand for magnesium alloys for lightweight automotive parts. Some of the key players operating in the magnesium alloys market include Magnesium Elektron (UK), Nanjing Yunhai Special Metals Co. Ltd. (China), Ka Shui International Holdings Ltd. (China), US Magnesium (US), Meridian Lightweight Technologies (US), Shanghai Regal Magnesium Ltd. Co. (China), and Magontec (Australia). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the magnesium alloys market.
The friction modifiers market is projected to grow from USD 843.0 Million in 2017 to USD 1,004.3 Million by 2022, at a CAGR of 3.6% during the forecast period. The increase in the overall transportation industry has resulted in the rise in the use of lubricants across the globe, thereby widening the scope of the friction modifiers market. In addition, the increasing demand for friction modifiers from emerging economies such as India and South Korea is expected to fuel the growth of the friction modifiers market across the globe. Stringent environmental regulations also provide huge growth opportunities for friction modifiers market. Friction modifiers are also termed as antifriction additives. Key players operating in the friction modifiers market include Lubrizol (US), Afton (US), Infineum (UK), Chevron Oronite (US), Croda (UK), Chemtura (Germany), BASF (Germany), Kings Industries (US), BRB International (Netherlands), and Vanderbilt Chemicals (US).