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 decorative laminates market is estimated to reach USD 7.97 Billion by 2021, at a CAGR of 3.5% from 2016 to 2021. The decorative laminates market has witnessed significant growth in recent years. Decorative laminates, due to their excellent properties, such as water resistance, huge variety, durability, microbe-resistant, and ease of maintenance are used in a wide range of applications such as cabinets, furniture, countertops, and wall panels.
The flexographic ink market is projected to reach USD 4.16 Billion by 2022, at a CAGR 4.89% from 2017 to 2022. The market is largely driven by the increasing demand for flexographic ink from various end-use applications, such as corrugated cardboards, flexible packaging, folding cartons, and tags & labels. The growth of the flexographic ink market can also be attributed to increased investments by the key players to launch efficient and cost-effective products, as well as for expansion and merger & acquisition activities. The growth of the middle-class population in emerging economies is one of the important factors driving the flexographic ink market.
The low friction coatings market is projected to reach USD 810.4 Million by 2021, at a CAGR of 5.7% from 2016 to 2021. Growing end-use industries and changing needs of consumers have fueled the demand for new and advanced low friction coatings. The development of various new and efficient low friction coatings has led to the use of the coatings in various new applications.
The mining lubricants market was valued at USD 1.95 Billion in 2016, and is projected to reach USD 2.56 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growth of the mining lubricants market is driven by the increasing demand from the Asia-Pacific region and growing end use industries such as coal and iron ore mining. The mining industry in Asia-Pacific and the Middle East is growing rapidly, which in turn is fueling the growth of mining lubricants market.
The global glycerin market was valued at USD 2.19 Billion in 2015 and is projected to reach USD 3.12 Billion by 2021, at a CAGR of 6.8% from 2016 and 2021. In this study, 2014 has been considered the historical year, 2015 the base year, and 2016–2021 the forecast period to estimate the market size of glycerin.
The global performance additives market is projected to reach USD 110.35 Billion by 2021 at a CAGR of 8.0%, in terms of value. The market is driven by the increasing demand for performance additives from end-use industries, such as packaging, household goods, and automotive. The base year considered for the study is 2015 while the forecast period is from 2016 to 2021.
The carbon black market size is projected to reach USD 13.79 Billion by 2021, at a CAGR of 4.6% between 2016 and 2021. Carbon black products find usage in several end-use industries such as, tire, rubber, plastic, inks & coatings, construction, metallurgy, resin coloring, and paint. Rising use of carbon black in the tire and non-tire rubber application segments have led to an increased demand for carbon black, globally.
The isoprene market was valued at USD 1.93 Billion in 2015, and is projected to reach USD 2.96 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021. Isoprene is used in several end-use industries, such as tires, non-tires, adhesives, and other industries. The increasing usage of synthetic rubber in these industries is expected to drive the isoprene market.
The global cenospheres market was valued at USD 346.8 Million in 2016 and is projected to reach USD 689.2 Million by 2022, at a CAGR of 12.16% from 2017 to 2022. The growing demand from the oil & gas, construction, and refractory end-use industries and superior structural properties are key factors expected to drive the global cenospheres market.
The LED materials market is projected to reach USD 12.55 Billion by 2021, at a CAGR of 9.9%, in terms of value from 2016 to 2021. The base year considered for the study is 2015, while the forecast period is from 2016 to 2021. The LED materials market is driven by the increasing usage of LEDs in general and automotive lighting. The report includes analysis of the LED materials market by region, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
In terms of value, the fiberglass pipes market was valued at USD 3.04 Billion in 2015, and is projected to reach USD 4.11 Billion by 2021, at a CAGR of 5.22% from 2016 to 2021. Fiberglass pipes are becoming crucial in chemicals, oil & gas, and sewage applications due to the superior properties, low maintenance, and long product life.
The packaging foams market was valued at USD 12.81 Billion in 2017, and is projected to reach USD 17.21 Billion by 2022, at a CAGR of 6.09% from 2017 to 2022. This report aims to estimate the market size and future growth potential of the packaging foams market across different segments, such as structure type, material type, service type, and region. Factors influencing the market growth such as drivers, restraints, opportunities, and industry-specific challenges, along with competitive landscape of the market are presented in this report. In this study, 2016 has been considered as the base year and 2022 is considered as the projected year.
The epoxy composite market was valued at USD 21.60 Billion in 2015, and is projected to reach USD 33.06 Billion by 2021, at a CAGR of 7.34% between 2016 and 2021. The use of epoxy composite is becoming crucial in industries, such as wind energy, aerospace & defense, automotive & transportation, sporting goods, pipe & tank, electrical & electronics, marine, and others, due to its properties, including lightweight, low maintenance, durability, and high tensile strength and flexibility.
The report concentrates on the utilization of various FRP materials used in the manufacturing of bridges. In terms of value, the FRP bridge market was valued at USD 50.1 Million in 2015 and is projected to reach USD 72.5 Million by 2021, at a CAGR of 6.40% between 2016 and 2021. FRP bridges have increasingly gained acceptance from civil engineers across the globe due to the several useful properties offered by them, such as high corrosion resistance against de-icing salt, high strength to weight ratio, and increased shelf-life of the bridges.
The foam insulation market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. In this study, 2015 has been considered as the base year, and 2016–2021 the forecast period to estimate the market size for foam insulation.
The aerospace coatings market is projected to reach USD 1.98 Billion by 2022, at a CAGR 6.90% from 2017 to 2022. A coating is a covering that is applied to the surface of an object, usually referred to as a substrate. The purpose of applying the coating may be decorative, functional, or both. The aerospace coatings market is largely driven by increased demand for aerospace coatings from various end users, such as commercial aviation, military aviation, and general aviation. The growth of the aerospace coatings market can also be attributed to increased investments by the key players to launch efficient and cost-effective products.
The color concentrates market was valued at USD 4.24 Billion in 2016 and is projected to reach USD 5.80 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The high demand for color concentrates in plastics and packaging industries is driving the growth of the color concentrates market across the globe.
The global PVC additives market was valued at USD 3.05 Billion in 2016, and is projected to reach USD 4.08 Billion by 2021, at a CAGR of 6.0% during the forecast period. The replacement of conventional materials with PVC and the high demand for additive-based PVC are factors anticipated to drive the growth of the global PVC additives market.
The basic petrochemicals market is projected to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021 at a CAGR of 4.4% from 2016 to 2021. This growth is fueled by the growth in end-use industries such as packaging which comprises of soft drink bottling, water bottling, food packaging and general packaging, along with steady demand from the construction industry, globally.
The epoxy curing agents market is projected to reach USD 5.02 Billion by 2022, at a CAGR of 6.84% from 2017 to 2022. The growth of the market can be attributed to the expansion of the construction industry, increasing urban population, and growth of the composite industry. Based on application, the coatings segment is projected to lead the epoxy curing agents market, while the wind energy segment is projected to witness highest growth during the forecast period.
The high speed steels market is projected to grow from USD 2.13 Billion in 2016 to USD 2.77 Billion by 2021, at a CAGR of 5.3% between 2016 and 2021. Increasing demand for machinery made of high speed steels from various end-use industries, such as automotive, aerospace, and plastic, among others, is expected to drive the demand for high speed steels, thereby fueling the growth of the high speed steels market during the forecast period.
The global conductive textiles market was valued at USD 1.02 Billion in 2016 and is projected to reach USD 2.11 Billion by 2021, at a CAGR of 15.6% from 2016 to 2012. The development of conductive fabrics using graphene inks and the increasing usage of conductive textiles in wearable fitness and medical devices are providing lucrative growth opportunities to manufacturers of conductive textiles.
The metal bonding adhesives market was valued at USD 5.30 Billion in 2015 and is projected to reach USD 7.70 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. In terms of volume, the metal bonding adhesives market is projected to grow from 1,337.5 KT in 2015 to 1,871.1 KT by 2021, at a CAGR of 5.8% during the forecast period.
The composite doors and composite windows market is estimated to reach USD 1,171.4 Million by 2021, at a CAGR of 6.33% from 2016 to 2021. The increasing use of composite doors and composite windows in industrial and commercial applications is expected to drive the growth of the composite doors market. The base year considered for the study is 2015, and the market size is projected between 2016 and 2021.
The metal finishing chemicals market is projected to grow from an estimated USD 8.91 Billion in 2016 to USD 11.21 Billion by 2021, at a CAGR of 4.7%. The market is driven by the growing demand for metal finishing chemicals from the automotive industry, as these impart corrosion resistance, wear resistance, electrical conductivity, electrical resistance, reflexivity and appearance, torque tolerance, hardness, and chemical resistance properties for the metal substrate.
The global transmission fluids market is estimated to be valued at USD 6.88 Billion in 2016, and is projected to reach USD 8.43 Billion by 2021, at a CAGR of 4.1% during the forecast period. The growth rate of the market in the next five years is projected to be steady in North America and Europe, while it is projected to grow the highest in the Asia-Pacific region and the Middle East & Africa.
The global polyetheramine market is projected to reach USD 1,074.0 Million by 2022, at a CAGR of 9.3% from 2017 to 2022. The growing use of polyetheramine in different applications such as epoxy coatings, composites, polyurea, and adhesives & sealants for construction and wind energy industry is driving the market for polyetheramine. The use of polyetheramine-based composites in the wind energy industry in the last few years has increased owing to its properties.
In terms of value, the wind turbine composite market was valued at USD 7.15 Billion in 2015, and is projected to reach USD 12.17 Billion by 2021, at a CAGR of 9.28% between 2016 and 2021. Wind turbine composites are utilized in the manufacturing of wind turbine parts such as blades and nacelles, among others. The use of composites helps in the development of lightweight components with superior properties, in addition to other benefits such as low maintenance and long product life.
The global fluorosurfactants market is projected to reach USD 667.4 Million by 2021, at a CAGR of 9.8% from 2016 to 2021. Fluorosurfactants are used in very low concentration to increase the wetting, leveling, and oil repellency in applications such as paints & coatings, waxes, polishes, cleaners, films, and adhesives. Better performance of fluorosurfactants in these applications as compared to other surfactants and the use of short-chain fluorosurfactants in developed economies are driving the fluorosurfactants market globally.
The market size for self-healing materials is projected to reach USD 2,447.7 Million by 2021, at a CAGR of 95.0% during the forecast period. The growth of the market can be attributed to the properties of self-healing materials that yield long-term financial benefits compared to traditional materials. Building & construction is one of the major end-use industries for self-healing materials in emerging as well as developed economies.
The thermoset composites market was valued at USD 41.98 Billion in 2016, and is projected to reach USD 57.98 Billion by 2021, at a CAGR of 6.67% during the forecast period. The use of thermoset composites is becoming crucial in various end-user industries, owing to their properties such as high temperature resistance, strength, and rigidity, among others.
The market size of sorbitol is projected to grow from USD 1.09 Billion in 2016 to USD 1.42 Billion by 2021, at a CAGR of 5.3% from 2016 to 2021. Globally, people are diagnosed with diabetes; most of them are reported to be affected with type 2 diabetes. Type 2 diabetes is associated with food consumption habits and obesity.
In terms of value, the composite bearings market was valued at USD 3.21 Billion, in 2015, and is projected to reach USD 5.04 Billion by 2021 at a CAGR of 7.88% from 2016 to 2021. Composite bearings are becoming crucial in aerospace, automotive and construction & mining applications due to the light weight & superior properties, low maintenance and long product life.
The global ethoxylates market was valued at USD 10.16 Billion in 2015 and is projected to reach USD 12.37 Billion by 2021, at a CAGR of 3.33% from 2016 to 2021. The growing demand from the household & personal care, and pharmaceutical industries, coupled with shift in consumer lifestyles is expected to drive the global ethoxylates market. Alcohol ethoxylates lead the global ethoxylates market in 2015. Alcohol ethoxylates are also expected to witness the highest CAGR from 2016 to 2021 owing to the high demand from North America and Europe, due to the higher environment-friendliness as compared to other ethoxylates.
MarketsandMarkets projects that the aluminum-extruded products market will grow from USD 34.48 Billion in 2016 to USD 47.61 Billion by 2021, at an estimated CAGR of 6.67%. The market for aluminum-extruded products is growing due to increase in demand from end-use industries such as construction, machinery & equipment, automotive, and mass transport. The growth of this market is fueled by the growth of its end-use industries.
The top 10 advanced materials & technologies in electronics refers to the new or modifications to the existing materials & technologies to obtain superior performance or efficiency. The market for top 10 advanced materials & technologies in electronics is witnessing high growth owing to the increasing end-use applications, technological advances, and the high demand of these technologies from both the developed and emerging regions.
The global Polyether Ether Ketone (PEEK) market is projected to reach USD 664.3 Million by 2021, at a CAGR of 6.3% from 2016 to 2021. The growth of this market can be attributed to the growing demand from the end user industries in the developed economies, including the U.S. and the European countries, coupled with the increasing investments in the electrical & electronics and transportation (aerospace and automotive) industries in emerging economies including China, South Korea, India, and Brazil,.
The high performance fiber market is projected to grow from USD 10.73 Billion in 2016 to USD 16.46 Billion by 2021, at a CAGR of 8.9% between 2016 and 2021. Factors such as increasing demand for high performance fibers in the defense sector and growing need for fuel-efficient and lightweight materials with superior strength for use in various applications, such as textile and automotive, among others are expected to fuel the growth of the high performance fiber market during the forecast period, 2016 to 2021.
The global tungsten carbide powder market is projected to grow from 14.78 Billion in 2016 to USD 24.90 Billion by 2026, at a CAGR of 5.4% during the forecast period. Growing demand for tungsten carbide powder from various end-use industries, such as mining & construction, industrial engineering, and transportation industries is driving the growth of the global tungsten carbide powder market.
The report study covers the top 10 high growth ceramics market. It includes an analysis of the high growth ceramics, such as transparent ceramics, technical ceramics, 3D printing ceramics, electronics & electrical ceramics, ceramic textiles, ceramic matrix composites, ceramic coatings, ceramic inks, ceramic fibers, and bioceramics & piezoceramics.
The global top 10 plastics market was valued at USD 413.19 Billion in 2015 and is projected to reach USD 586.24 Billion by 2021, at a CAGR of 6.84% from 2016 to 2021. The market size was 252.9 Million tons in 2015 and is projected to reach 332.4 Million tons by 2021, at a CAGR of 4.68% from 2016 to 2021. In this study, 2015 has been considered as the base year and 2021 the projected year, with the forecast period from 2016 to 2021.
The global paints & coatings market was valued at USD 141.58 Billion in 2015 and is projected to reach USD 190.51 Billion by 2021, at a CAGR of 5.07% from 2016 to 2021. It is primarily driven by the increasing use of waterborne coatings for performance and environmental reasons. The global paints & coatings market is growing owing to the increasing demand from the building & construction industry.
The aerospace interior adhesive market is projected to reach USD 1,101.7 Million by 2021, at a CAGR of 5.35% from 2016 to 2021. Decline in aviation fuel prices, growing air traffic in low cost carriers, and procurement of new aircraft by airline operators for modernization of fleet are the key factors expected to drive the growth of the aerospace interior adhesive market.
The methyl ester ethoxylate market was valued at USD 114.7 Million in 2015 and is projected to reach USD 139.8 Million by 2021, at a CAGR of 3.4% between 2016 and 2021. This growth can be attributed to the rising demand from end-use industries, shift in consumer lifestyles, and increasing demand for ecofriendly surfactants and low-rinse detergents.
The market for top 10 high growth composite materials is estimated to grow from USD 69.50 Billion in 2015 to USD 105.26 Billion by 2021, at a CAGR of 7.04% during the forecast period. The top 10 composite materials market is expected to witness growth, due to high demand from the wind energy & other emerging application industries, such as electrical & electronics and transportation, as the use of composites leads to reduced overall weight and increased component strength.
Top 10 fabrics are used in various industrial sectors such as building & construction, automobile, electricals & electronics, medical, and personal care. The top 10 fabrics market has been segmented into various markets such as, antimicrobial textiles, polymer coated fabrics Polytetrafluoroethylene (PTFE) fabrics, and many more.
The transparent conductive films market is projected to reach USD 8.46 Billion by 2026, at a CAGR of 9.4% from 2016 to 2026. Factors driving the growth of the transparent conductive films market is the rising demand for high conductivity, low resistance, and high transparency of touch screens. Strong demand and advancement of communication technology will lead to higher consumption of smartphones and other communication devices, thereby increasing the demand for transparent conductive films.
The global market size of elastomers is estimated to reach USD 92.36 Billion by 2021, at a CAGR of 4.6% from 2016 to 2021, in terms of value. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021. The elastomers market is driven by the increasing demand from the automotive industry and advancement in the Thermoplastic Elastomer (TPE) processing.
The automotive aluminum market is projected to grow from USD 47.91 Billion in 2016 to USD 111.80 Billion by 2026, at a CAGR of 8.8% from 2016 to 2026. Increased demand for lightweight and efficient materials from the automotive industry is fueling the demand for automotive aluminum as it not only reduces weight of automobile components, but also of the complete body of automobiles by up to 50%.
Care chemicals are products that are used for homecare, personal care and industrial and institutional cleaning. The care chemicals such as cosmetic products, cosmetic pigments, personal care ingredients, surfactants, and much more are used for skin care, hair care, cleanliness, and hygiene at home and workplace. The report analyzes the key parameters that help in the growth of various care chemicals market.