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 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 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 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 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).
The increasing use of eco-friendly adhesives in end-use industries is one of the most significant factors projected to drive the growth of the emulsion adhesives market. This market is estimated to be USD 12.98 Billion in 2017 and is projected to reach USD 17.28 Billion by 2022, at a CAGR of 5.9% between 2017 and 2022. Emerging countries such as India, Brazil, Turkey, and Colombia are witnessing a rise in commercial and residential construction activities, which, in turn, is contributing to the growth of the emulsion adhesives market. Key companies operating in the emulsion adhesives market include Arkema (Bostik), H.B. Fuller (US), Henkel (Germany), Ashland (US), Wacker Chemie (Germany) and 3M (US).
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 packaging resins market is estimated at USD 192.17 Billion in 2017 and is projected to reach USD 277.13 Billion by 2022, at a CAGR of 7.6% from 2017 to 2022. The high demand for packaging resins in various applications, such as food & beverage, consumer goods, healthcare, industrial, and others are expected to drive the packaging resins market.The key restraining factor in the packaging resins market is the stringent regulations imposed on plastics due to the landfill issue. Companies, such as ExxonMobil Corporation (US), Sinopec Corporation (China), LyondellBasell Industries Holdings B.V. (Netherlands), SABIC (Saudi Arabia), PetroChina Company Ltd.(China), DowDupont Inc. (US) and others have adopted the new product launches, agreements & partnerships, mergers & acquisitions, and investments & expansions strategies to enhance their foothold in the market.
The Nitrile Butadiene Rubber (NBR) market is projected to grow from USD 992.4 Million in 2017 to USD 1,393.0 Million by 2022, at a CAGR of 7.0% between 2017 and 2022. The increase in the use of NBR in O-rings & seals and gloves applications and superior properties of NBR that include improved oil resistance and high heat stability are key factors projected to drive the growth of the NBR market. In addition, the increased demand for NBR from the automobile industry in the Asia Pacific region is another significant factor contributing to the growth of the NBR market. Key companies profiled in the NBR market research report include LANXESS (Germany), Sinopec (China), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), SIBUR Holding (Russia), JSR Corporation (Japan), LG Chem (South Korea), Versalis S.p.A. (Italy), and ZEON Corporation (Japan).
The increasing demand for diamond coatings in various end-use industries is driving the market growth. In terms of value, the global diamond coatings market is estimated to be USD 1.76 Billion in 2017 and is projected to reach USD 2.56 Billion by 2022, at a CAGR of 7.8% between 2017 and 2022. Europe accounts for a major share of the overall diamond coatings market; major factor driving the growth of the Europe diamond coatings market is its developed economy where there is a high demand for diamond coated tools and equipment. APAC is the fastest-growing diamond coatings market. Key companies operating in the market include Oerlikon (Switzerland), D-Coat GmbH (Germany), NeoCoat SA (Switzerland), Crystallume (US), Element Six (London), sp3 Diamond Technologies (US), Advanced Diamond Technologies, Inc. (US), Blue Wave Semiconductors (US), Diamond Product Solutions (Netherlands), and JCS Technologies (Singapore).
The polyolefin powders market is estimated to be USD 6.76 Billion in 2017 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% during the forecast period. It is driven by its use in different end-use industries, namely, toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others. The high demand for polyolefin powders from the rotomolding application of toys, tanks & containers end-use industry, and SMC, BMC, and carpet applications of the automotive end-use industry is also driving the polyolefin powders market.Key players operating in the polyolefin powders market include LyondellBasell (Netherlands), Ineos (Switzerland), Borealis (Austria), Mitsui Chemical (Japan), SABIC (Saudi Arabia), Exxon Mobil (US), Eastman (US), Merck (Germany), Wacker Chemie (Germany), Axalta Coating Systems (US), and others. Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are factors strengthening the market position of these companies. These companies have adopted various organic and inorganic growth strategies to enhance their current market share of the polyolefin powders market.
The secondary refrigerants market is estimated to be USD 499.7 Million in 2017 and is projected reach USD 710.7 Million by 2022, at a CAGR of 7.3% between 2017 and 2022. The growth of the market is driven by the low environmental impact of secondary refrigerants, phasing out of HCFCs, CFCs, and HFCs refrigerants, and the rising demand for reduction in the primary refrigerant. Key market players profiled in the report include The Linde Group (Germany), A-Gas International (UK), TAZZETTI S.P.A (Italy), The Dow Chemical Company (US), Eastman Chemical Company (US), Clariant AG (Switzerland), Arteco Coolants (Belgium), Temper Technology AB (Sweden), SRS Frigadon (UK), Hydratech (UK), Dynalene (US), Environmental Process Systems (UK), Gas Servei SA (Spain), Climalife Groupe Dehon (France), and Nisso Shoji Co. Ltd. (Japan).
The global polyphenylene market is estimated to be USD 3.37 Billion in 2018 and is projected to reach USD 4.99 Billion by 2023, at a CAGR of 8.2% during the forecast period.Toray Industries (Japan), Solvay (Belgium), Tosoh Corporation (Japan), DIC Corporation (Japan), Kureha Corporation (Japan), LG Chem (South Korea), Celanese Corporation (US), Saudi Arabia Basic Industries Corporation (Saudi Arabia), China Lumena New Material (China), and Ensigner (Germany) are the key companies operational in the polyphenylene market. Targeting new markets will enable manufacturers to cater to the rising demand for polyphenylene resins, hence reinforcing their position in the market.
The global digital inks market is projected to grow from an estimated USD 2.71 Billion in 2018 to USD 4.17 Billion by 2023, at a CAGR of 9.1% from 2018 to 2023. Stringent regulations regarding packaging have increased the demand for digital packaging printing inks. The growing demand for UV-cured digital inks due to their fast drying and eco-friendly qualities is also driving the market for digital inks. The growth in the ceramics textiles market is also a growth driver for the digital inks market. Key players in the digital inks market include Sun Chemical (US), INX International Ink (US), Toyo Ink SC Holdings Co. (Japan), JK Group (Italy), and Nazdar Company (US), among others.
The paper dyes market is estimated to be USD 920.4 Million in 2017 and is projected to reach USD 1,099.3 Million by 2022, at a CAGR of 3.62% during the forecast period. This growth can be attributed to the increasing demand for paper dyes in the packaging & board and coated papers applications. In addition, the demand for paper dyes due to the increase in the number of paper industries in emerging economies is another significant factor contributing to the growth of the paper dyes market.Celanese (US), Eastman (US), Merck KGaA (Germany), Sumitomo (Japan), Sekab (Sweden), Showa Denko (Japan), Jubilant Life Sciences (India), Lonza (Switzerland), LCY Chemical (Taiwan), and Ashok Alco-chem (India) BASF (Germany), Archroma (Switzerland), DyStar (Singapore), Atul Ltd. (India), KEMIRA OYJ (Finland), Synthesia (Czech Republic), Axyntis Group (France), Vipul Organics (India), Standard Colors (US), Keystone Aniline (US), Cromatos (Italy), Thermax (India), and Organic Dyes and Pigments (US) are the leading players in the paper dyes market.
The chitosan market is projected to grow from USD 553.6 Million in 2017 to USD 1,088.0 Million by 2022, at a CAGR of 14.5% between 2017 and 2022. The increasing use of chitosan in the water treatment, food & beverages, cosmetics, medical & pharmaceuticals, and agrochemicals applications is fueling the growth of the chitosan market across the globe. Moreover, the growing trend toward the use of chitosan for water treatment to reduce the use of chemical products is also leading to the growth of the chitosan market. Key companies operating in the chitosan market Primex ehf (Iceland), Heppe Medical Chitosan GmbH (Germany), Vietnam Food (Vietnam), KitoZyme S.A. (Belgium), Agratech (US), Advanced Biopolymers AS (Norway), BIO21 Co., Ltd. (Thailand), G.T.C. Bio Corporation (China), Taizhou City Fengrun Biochemical Co., Ltd. (China), and Zhejiang Golden-Shell Pharmaceutical Co., Ltd. (China).
The benzoic acid market is projected to grow from USD 1,009.9 Million in 2018 to USD 1,313.5 Million by 2023, at a CAGR of 5.4% from 2018 to 2023. Benzoic acid is extensively used to manufacture sodium benzoate and potassium benzoate which are also known as its derivatives.Key players operating in the benzoic acid market include Emerald Performance Materials (US), Wuhan Youji Industries Co. (China), Tianjin Dongda Chemical Group (China), and Liao Ning Huayi Chemical Industry & Commerce Co. (China), among others. These companies focus on investing in capacity expansions of plants to achieve growth in the benzoic acid market.
The global market size for tire material was USD 73.93 Billion in 2017 and is projected to reach USD 91.23 Billion by 2022, at a CAGR of 4.3% between 2017 and 2022. The increasing sales of vehicles along with the initiatives to decrease tire weight are the significant factors projected to drive the growth of the tire material market. Key players profiled in the tire material market report are Cabot Corporation (US), JSR Corporation (Japan), Thai Carbon Black (Thailand), Lanxess (Germany), and Bekaert (Belgium).
The global micro-perforated films market is estimated at USD 1.23 Billion in 2017 and is projected to reach USD 1.50 Billion by 2022, at a CAGR of 4.0% between 2017 and 2022. The market is witnessing growth due to the increasing use of micro-perforated films for food packaging applications, such as fresh fruits & vegetables, bakery & confectionary, ready-to-eat food, and others which include meat, seafood, and poultry.Mondi (Austria), Amcor Limited (Australia), Sealed Air Corporation (US), Bollore Group (France), and Uflex Ltd. (India), lead the global micro-perforated films market. These players are the major manufacturers of micro-perforated films and are gaining a strong foothold in the market due to their robust business strategies.
The high strength steel market is projected to grow from USD 27.32 billion in 2018 to USD 40.85 billion by 2023, at a CAGR of 8.4% between 2018 and 2023. Increasing demand for high strength steels from various end-use industries such as automotive, construction, yellow goods & mining equipment, and aviation & marine, among others, is driving the growth of the high strength steel market across the globe. The key players operating in the high strength steel market include Voestalpine AG (Austria), POSCO Group (South Korea), ArcelorMittal S.A. (Luxembourg), SSAB AB (Sweden), Nippon Steel & Sumitomo Metal Corporation (Japan), Tata Steel (India), Steel Authority of India Limited (India), United States Steel Corporation (US), Baosteel Group Corporation (China), Severstal JSC (Russia), ThyssenKrupp AG (Germany), JFE Steel Corporation (Japan), Nucor Corporation (US), and JSW Steel (India), among others.
The global can coatings market is estimated at USD 1.91 Billion in 2017 and is projected to reach USD 2.27 Billion by 2022, at a CAGR of 3.4% between 2017 and 2022. The market is witnessing growth due to the increasing use of can coatings in food and beverage cans to protect food and beverage products from contamination from can’s metal. Growing consumption of aerosol cans across the globe and especially in emerging countries is expected to fuel the consumption of can coatings in aerosol cans application. Can coatings manufacturers, such as PPG (US), Valspar (US), Akzo Nobel (Netherlands), ALTANA (Germany), KANSAI PAINT (Japan), Toyochem (Japan), National Paints Factories (Jordan), International Packaging Coatings (Germany), TIGER Coatings (Germany), and VPL Coatings (Germany) are covered in the report.
The ceramic inks market is projected to grow from USD 1.83 Billion in 2017 to USD 2.59 Billion by 2022, at a CAGR of 7.2% during the forecast period from 2017 to 2022. The growth of the ceramic inks market can be attributed to increasing demand for decorated ceramic tiles from the flourishing construction industry across the globe. Ceramic inks are increasingly being used in the decoration of ceramic tiles. They are also used for glass printing and food container printing. Moreover, the emergence of digital printing technology and its increased use in the manufacturing of ceramic tiles is also driving the growth of the ceramic inks market across the globe. Increased consumption of decorated glass in interior designing is also leading to the growth of the ceramic inks market, worldwide.The key players operating in the ceramic inks market include Ferro Corporation (US), Zschimmer & Schwarz (Germany), Esmalglass – Itaca Grupo (Spain), Torrecid Group (Spain), and Fritta (Spain),
The transparent plastics market is projected to grow from USD 101.97 Billion in 2017 to USD 137.75 Billion by 2022, at a CAGR of 6.2% from 2017 to 2022. Increasing adoption of transparent plastics by end-use industries, improved shelf-life of packaged food products, high demand in emerging regions, and ease of customization are the key factors driving the growth of the transparent plastics market across the globe.DuPont (US), Dow Chemical Company (US), LyondellBasell (Netherlands), SABIC (Saudi Arabia), Covestro (Germany), BASF (Germany), INEOS (UK), PPG Industries (US), Evonik Industries (Germany), LANXESS (Germany), Teijin Limited (Japan), LG Chem (South Korea), Denka (Japan), Trinseo (US), Asahi Kasei (Japan), Eastman Chemical Company (US), Chi Mei Corporation (Taiwan), and Arkema (France) are the leading players operating in the transparent plastics market.
The Tetrahydrofuran (THF) market was valued at USD 2.77 Billion in 2016 and is projected to reach USD 4.12 Billion by 2022, at a CAGR of 6.9% during the forecast period from 2017 to 2022. The growing demand for spandex fibers and polyurethane across the globe is driving the growth of the THF market. The key players operating in the THF market are BASF (Germany), Dairen Chemical (Taiwan), Ashland (US), INVISTA (US), Mitsubishi Chemical (Japan), LyondellBasell (the Netherlands), Sipchem (Saudi Arabia), Penn A Kem (US), Nova Molecular Technologies (US), and BioAmber (US), among others. These companies have adopted various dynamic business strategies to strengthen their position in the THF market.
The cerium oxide nanoparticles market is projected to reach USD 630.2 Million by 2022 from USD 259.7 Million in 2017, at a CAGR of 19.4% from 2017 to 2022. The high demand for cerium oxide nanoparticles from the CMP application especially in North America is driving the growth of the global cerium oxide nanoparticles market. Cerion (US), Plasmachem (Germany), American Elements (US), Inframat Advanced Materials (US), NYACOL Nano Technologies (US), and Nanophase Technologies (US), are some of the leading players operating in the cerium oxide nanoparticles market. These companies are adopting various strategies, such as expansions, new product launches, and partnerships to increase their market shares and strengthen their position in the cerium oxide nanoparticles market
The anhydrous aluminum chloride market is projected to grow from USD 772.8 Million in 2017 to USD 948.6 Million by 2022, at a CAGR of 4.19% during the forecast period. This growth can be attributed to the increasing use of anhydrous aluminum chloride as a catalyst in the chemical industry for various applications, such as dyes and pigments, pesticides, pharmaceuticals and cosmetics, and hydrocarbon resins. Gulbrandsen (US), Aditya Birla Chemicals (India), Gujarat Alkalies and Chemicals (India), BASF (Germany), Kemira Oyj (Finland), and Nippon Light Metal (Japan) are some of the key market players operating in the anhydrous aluminum chloride market.
The itaconic acid market is projected to grow from USD 83.8 Million in 2017 to USD 102.3 Million by 2022, at a CAGR of 4.1% from 2017 to 2022. The increasing demand for bio-based unsaturated polyester resin and its non-toxic properties are fueling the growth of the itaconic acid market across the globe. Itaconix Corporation (UK), Qingdao Langyatai (China), Zhejiang Guoguang (China), Alpha Chemika (India), Shandong Kaison (China), Jinan Huaming (China), Iwata Chemical (Japan), Aekyung Petrochemical (South Korea), Ronas Chemical (China), and Chengdu Jinkai (China), among others, are some of the leading players operating in the itaconic acid market. These companies have adopted various organic and inorganic growth strategies, such as agreements, acquisitions, expansions, and joint ventures to increase their global presence and enhance their position in the itaconic acid market.
The global Methyl Tertiary Butyl Ether (MTBE) market was valued at USD 14.33 Billion in 2016 and projected to reach USD 18.99 Billion by 2022, at a CAGR of 4.8% during the forecast period. The use of MTBE as oxygenate is rising rapidly in Asian and Middle Eastern & African countries due to environmental restrictions to curb air pollution. Furthermore, MTBE producers are extensively involved in expansions and acquisitions to secure their positions in the MTBE market. Some of the leading producers of MTBE are SABIC (Saudi Arabia), Evonik (Germany), China National Petroleum Corporation (China), Huntsman International (US), Eni (Italy), Sinopec (China), LyondellBasell (Netherlands), Shell (Netherlands), Emirates National Oil Company (UAE), and Qafac (QATAR). These players adopted various organic and inorganic developmental strategies between 2013 and 2017.
The sputter coater market is projected to grow from USD 595.8 Million in 2017 to USD 804.2 Million by 2022, at a CAGR of 6.2% between 2017 and 2022. The growth of the sputter coater market can be attributed to the growth of the electronics & semiconductor industry. The rising use of sputter coaters in electronics & semiconductor and medical applications is expected to drive the market during the forecast period. Key companies profiled in the sputter coater market research report are ULVAC (Japan), Quorum Technologies (UK), Bühler (Switzerland), Cressington Scientific Instruments (UK), Hitachi High-Technologies Corporation (Japan), Oxford Instruments (UK), Semicore Equipment (US), PLASSYS Bestek (France), PVD Products (US), and Denton Vacuum (US).
The NMP market size is projected to grow from USD 572.5 Million in 2017 to USD 795.8 Million by 2022, at a CAGR of 6.8% during the forecast period. NMP is used in petrochemical, pharmaceutical, electronics, paints & coatings, and agrochemical industries. In the pharmaceutical industry, NMP is used in the extraction, purification, and crystallization of pharmaceuticals and is also used as an excipient for drugs. Key companies operating in the NMP market are Ashland (US), Balaji Amines (India), BASF (Germany), Lyondellbasell (US), and Mitsubishi Chemical Corporation (Japan).
The global demand for industrial rubber is projected to witness moderate growth of 4.6% between 2017 and 2022. The industrial rubber market is estimated to be USD 26.99 Billion in 2017 and is expected to reach USD 33.82 Billion by 2022. Leading players in the industrial rubber market include LANXESS (Germany), Sinopec (China), Goodyear Tire and Rubber Company (US), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), Nizhnekamskneftekhim (Russia), JSR Corporation (Japan), LG Chem (South Korea), Versalis S.p.A. (Italy), and ZEON Corporation (Japan).
The aerospace & defense elastomers market is projected to grow from USD 54.3 million in 2017 to USD 70.8 million by 2022, at a CAGR of 5.5% from 2017 to 2022. The growth of the aerospace & defense elastomers market across the globe can be attributed to the increasing consumption of aerospace & defense elastomers in the aviation industry of emerging economies such as India and China. Trelleborg (Sweden), Shin-Etsu Chemical (Japan), Dow Corning (US), Greene, Tweed (US), Chemours (US), Wacker Chemie (Germany), Momentive (US), Saint-Gobain (France), and Solvay (Belgium), among others are the key players operating in the aerospace & defense elastomers market.
The LLDPE market is estimated to be USD 51.89 Billion in 2017 and is projected to reach USD 67.83 Billion by 2022, at a CAGR of 5.5% from 2017 to 2022. Rising concerns pertaining to plastic disposal are acting as a restraint to the growth of the LLDPE market. Sinopec (China), LyondellBasell (Netherlands), Exxon Mobil (US), SABIC (Saudi Arabia), The Dow Chemical Company (US), Borealis (Austria), Formosa Plastics (Taiwan), INEOS (Switzerland), and Westlake Chemical (US) are leading players operating in the LLDPE market.
MarketsandMarkets projects that the heat-treated steel plates market will grow from USD 102.36 Billion in 2017 to USD 121.77 Billion by 2022, at an estimated CAGR of 3.53%. The global heat-treated steel plates market is dominated by players such as ArcelorMittal (Luxembourg), Thyssenkrupp AG (Germany), POSCO (South Korea), TATA Steel (India), Baosteel (China), Outokumpu (Finland), JFE Holdings (Japan), Nippon Steel & Sumitomo Metal Corporation (Japan), Novolipetsk Steel (Russia), and Essar Steel (India).
The chemical tankers market is projected to grow from USD 26.63 Billion in 2017 to USD 33.11 Billion by 2022, at a CAGR of 4.5% between 2017 and 2022. Note: Chemical tankers market includes revenues earned through shipping of chemicals and related products. The flourishing chemical industry and increasing capacities of chemical manufacturers are driving the demand for chemical tankers across the globe. The major players operating in the chemical tankers market are Bahri (Saudi Arabia), Stolt-Nielsen (UK), Odfjell (Norway), Navig8 (UK), MOL Chemical Tankers (Singapore), Nordic Tankers (Denmark), Wilmar International (Singapore), MISC Berhad (Malaysia), Team Tankers (Bermuda), and Iino Kaiun Kaisha (Japan).
The blow molding resins market was valued at USD 36.67 Billion in 2017 and is projected to reach USD 51.95 Billion by 2022, at a CAGR of 7.2% from 2017 to 2022. The increased demand for blow molding resins in the packaging applications of the pharmaceutical, food & beverages, chemicals, and personal care industries is expected to drive the growth of the blow molding resins market during the forecast period. Exxon Mobil (US), LyondellBasell (Netherlands), DowDuPont (US), SABIC (Saudi Arabia), INEOS (Switzerland), Solvay (Belgium), Formosa Plastics (Taiwan), Chevron (US), Eastman (US), China Petroleum (China), and Reliance Industries (India), among others are the key players operating in the blow molding resins market.
The acetaldehyde market is estimated at USD 1.33 Billion in 2017 and is projected to reach USD 1.80 Billion by 2022, at a CAGR of 6.24% during the forecast period. This growth can be attributed to the increasing demand for acetaldehyde in the water treatment application. In addition, the demand for high-quality derivatives in emerging economies is another significant factor contributing to the growth of the acetaldehyde market.Celanese (US), Eastman (US), Merck KGaA (Germany), Sumitomo (Japan), Sekab (Sweden), Showa Denko (Japan), Jubilant Life Sciences (India), Lonza (Switzerland), LCY Chemical (Taiwan), and Ashok Alco-chem (India) are the leading players in the acetaldehyde market.
The flue gas treatment systems market is projected to reach USD 69.11 Billion by 2022, at a CAGR of 5.3% from 2017 to 2022. Flue gas treatment systems are used in a wide range of end-use industries such as power, cement, iron & steel, non-ferrous metal, and chemical & petrochemical, among others as they control emissions of various types of pollutants such as sulfur oxide, nitrogen oxide, fly ash, acidic gases, and volatile organic compounds that cause air pollution. Growing number of infrastructure development projects in various emerging economies such as India, China, and Thailand have led to increased demand for cement, thereby leading to its increased production. This increased production of cement is expected to fuel the growth of the flue gas treatment systems market during the forecast period. General Electric (US), Babcock & Wilcox Enterprises, Inc. (US), Doosan Lentjes (Germany), Mitsubishi Hitachi Power Systems, Ltd. (Japan), FLSmidth (Denmark), and Thermax Limited (India) are the key players operating in the flue gas treatment systems market.
The smart coatings market is estimated at USD 2.15 Billion in 2017 and is projected to reach USD 6.27 Billion by 2022, at a CAGR of 23.87%. The market is driven by the wide use of smart coatings in different end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction. The high demand for anti-corrosion coatings from the automotive & transportation end-use industry, especially for the protection of body parts, such as door closures, lock parts, exhausts, suspensions, engine components, and clamps & hose connections, against abrasion, drives the smart coatings market. Key players profiled in the smart coatings market report include AkzoNobel (Netherlands), PPG Industries (US), Axalta Coatings Systems (US), The Sherwin-Williams Company (US), Jotun A/S (Norway), RPM International (US), Hempel A/S (Denmark), and NEI Corporation (US).
The elastomeric sealants market is projected to grow from USD 3.77 Billion in 2017 to USD 5.19 Billion by 2022, at a CAGR of 6.6% during the forecast period from 2017 to 2022. The growth of the elastomeric sealants market can be attributed to the increasing applications of elastomeric sealants in the construction industry and rising demand for automobiles and electronics products across the globe. Elastomeric sealants are increasingly used in the automotive & transportation industry due to their high durability, good adhesion, excellent flexibility, and high heat resistance. Moreover, development of lightweight electric vehicles is also driving the growth of the elastomeric sealants market across the globe. Increased consumption of elastomeric sealants in developed economies such as the US and Germany and emerging economies such as China, India, and Brazil is also leading to the growth of the elastomeric sealants market across the globe. The Dow Chemical Company (US), Henkel AG (Germany), 3M Company (US), Arkema (France), and Sika AG (Switzerland), among others. These leading players have adopted various growth strategies such as expansions,
MarketsandMarkets projects that the fatty amides market size will grow from USD 320.7 Million in 2017 to USD 391.5 Million by 2022, at a CAGR of 4.07%. The fatty amides market is witnessing considerable growth due to growing demand for environmentally friendly products over petroleum-based ones. Increasing applications in end-user industries such as food & beverages, soaps & detergents, and pharmaceutical & personal care provide several opportunities for the growth of the fatty amides market. The major players in the fatty amides market include Croda International (UK), Kuala Lumpur Kepong Berhad (Malaysia), Italmatch Chemicals (Italy), PMC Biogenix (US), Kao Corporation (Japan), Fine Organics (India), Nippon Fine Chemical (Japan), Haihang Industry (China), Mitsubishi Chemical (Japan), and BASF (Germany).
The global iodine market is estimated at USD 832.1 Million in 2017 and is projected to reach USD 1,041.0 Million by 2022, at a CAGR of 4.58% between 2017 and 2022. The market is witnessing growth due to the increasing use of iodine in optical polarizing films in LCD applications. Growing deficiency of iodine in developing countries and use in applications such as X-ray contrast media, fluorinated derivatives, and photography are some of the factors driving the market for iodine. Iodine manufacturers such as Sociedad Química y Minera (SQM) (Chile), Iofina (UK), ISE Chemicals Corporation (Japan), IOCHEM Corporation (US), Compañía de Salitre y Yodo (Chile), Algorta Norte SA (Chile), Nippoh Chemicals Co., Ltd (Japan), Kanto Natural Gas Development Co., Ltd (Japan), Toho Earthtech Co., Ltd (Japan), and Godo Shigen Co., Ltd (Japan) are covered in the report.
The monochloroacetic acid (MCA) market is estimated at USD 762.6 Million in 2017 and is projected to reach USD 908.9 Million by 2022, at a CAGR of 3.6% between 2017 and 2022. The growth of the market is driven by the increasing demand of MCA for the production of CMC, agrochemicals, and surfactants, which are used in the building & construction, food & beverage, pharmaceutical, agriculture, and oil & gas industries. In addition, rising GDP, growing disposable income, and rapid urbanization in developing countries have also contributed to the demand for MCA, globally. Some of the key players in the MCA market include AkzoNobel (Netherlands), CABB (Germany), Daicel Corporation (Japan), PCC SE (Germany), Niacet Corporation (US), Shandong Minji Chemical (China), Denak Co. (Japan), Kaifeng Dongda Chemical Company (China), and Meridian Chem-Bond (India). Joint venture and acquisition were the major growth strategies adopted by the market players between 2014 and 2017 to cater to the demand for MCA in emerging economies.
The global heat stabilizers market is estimated at USD 3.77 Billion in 2017 and is projected to reach USD 4.57 Billion by 2022, at a CAGR of 4.0% during the forecast period. The increasing demand for organic-based solutions primarily in the packaging and medical industries is expected to drive the growth of the global heat stabilizers market. Some of the key players operating in the global heat stabilizers market are Baerlocher GmbH (Germany), PMC Organometallix Inc. (US), and Adeka Corporation (Japan), among others.
The dental adhesive market was valued at USD 1.82 Billion in 2016 and is projected to reach USD 2.57 Billion by 2022, at a CAGR of 6.02% during the forecast period. The scope of the report includes adhesives and sealants used in dental industry and dentistry applications. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. Key companies operational in the market include Dentsply Sirona (US), 3M (US), KURARAY NORITAKE DENTAL (Japan), P&G (US), GSK (UK), and Tokuyama Dental Corp. (Japan).
The imaging chemicals market is estimated to grow from USD 22.08 Billion in 2017 to USD 29.97 Billion by 2022, at a CAGR of 6.3% from 2017 to 2022. Imaging chemicals are chemicals substances that used to produce or develop photographs. The imaging chemicals market is segmented by product type, application, and region. Key companies profiled in this research report on the imaging chemicals market include Fujifilm (Japan), The Eastman Kodak Company (US), Vivimed Labs (India), DIC Corp. (Japan), Flint Group (Germany), Sakata Inx (Japan), Toyo Ink SC (Japan), Siegwerk Druckfarben (Germany), and T&K Toka (Japan).
The chemical licensing market is projected to grow from USD 10.72 Billion in 2017 to USD 13.81 Billion by 2022, at a CAGR of 5.2% during the forecast period. Chemical licensing is a branch of intellectual property licensing with the help of which industrial end users can own the rights to use a particular chemical technology. The chemical licensing market includes the licensing of the technology used in the manufacturing of C1 to C4 derivatives, as well as some aromatic derivatives. Technology licensing is highly growing in the downstream industry. The falling crude oil prices and increasing demand for downstream chemicals are boosting the demand for various technologies. The increasing population, expanding manufacturing sector, and rising regulatory requirements in the chemical industry are key factors projected to drive the growth of the chemical licensing market. The increasing demand for different carbon derivatives and the introduction of efficient technologies for the production of these derivatives are other factors boosting the chemical licensing market.Johnson Matthey (UK), Mitsubishi Chemical Corporation (Japan), Sumitomo (Japan), ExxonMobil (US), and Shell (Netherlands). Companies have followed strategies such as mergers & acquisitions, contracts & agreements, and new technology developments to enhance their market
The scratch-resistant glass market is estimated to be USD 1.85 Billion in 2017 and is projected to reach USD 2.85 Billion by 2022, at a CAGR of 9.1% during the forecast period. The growth of the market can be attributed to the high demand for scratch-resistant glass from the smartphones & tablets and electronics applications. The market has witnessed significant growth over the last few years, due to the increased demand for scratch-resistant glass from emerging economies such as China, India, Brazil, and Thailand. Some of the key players operating in the scratch-resistant glass market include Corning Incorporated (US), Asahi Glass (Japan), Nippon Electric Glass (Japan), Guardian Industries (US), Schott AG (Germany), and Monocrystal (Russia). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the scratch-resistant glass market.