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 corrosion resistant resin (CRR) market was valued at USD 6.30 Billion by 2015 and is projected to reach USD 12.56 Billion by 2026. The market is projected to grow at a CAGR of 5.7% between 2016 and 2026. In this study, 2015 has been considered as the base year. The time period between 2016 and 2026 has been considered as the long-term forecast period while the time period between 2016 and 2021 has been considered as the midterm forecast period.
The global liquid packaging market size, in terms of value, is projected to reach USD 370.75 Billion by 2021, at a CAGR of 5.4% between 2016 and 2021. The high demand is attributed to the growing food & beverage industry globally. Players in this market are adopting various organic and inorganic strategies to expand their presence in the emerging economies such as Asia-Pacific, Middle East & Africa, and Latin America.
The global construction composites market is projected to reach USD 8.98 Billion by 2026, at a CAGR of 6.00%, during the forecast period, 2016 and 2026. The increase in the penetration of construction composites in the construction industry, the long life & low maintenance requirement, rapid urbanization & economic boom in the emerging countries and the development of innovative products, are key factors responsible for the growth of the construction composites market.
The global roofing adhesives market is projected to reach USD 5.78 Billion by 2021 in the midterm, at a CAGR of 6.75% from 2016 to 2021. This market is projected in the long term to be USD 8.01 Billion by 2026. This growth is driven by growing middle class population in emerging countries such as China, India, and Brazil. Increasing demand of elastic bonding adhesives from construction application to avoid cracks, provide chemical, oil and grease resistance, and higher durability has also increased the demand for roofing adhesives.
The global concrete bonding agents market is projected to reach USD 5.87 Billion by 2026, at a CAGR of 8.2%. It is projected to reach 8,038.4 KT, at a CAGR of 6.6% from 2016 to 2026 by volume. Rising incomes of the middle class population in emerging countries such as India, Thailand, Indonesia, and Vietnam and the preference in repairing existing infrastructure rather than constructing new ones are the key factors driving the global concrete bonding agents market.
The global polymer processing aid market is expected to grow from USD 1.71 Billion in 2016 to USD 2.21 Billion by 2021, at a CAGR of 5.2% during the forecast period. Increasing applicability of plastics in end-use industries such as automotive, building & construction, consumer goods, and packaging is driving the growth of the global polymer processing aid market.
The market size of breathable membranes for construction industry is estimated to reach USD 1,617.2 Million by 2021, at a CAGR of 10.3% from 2016 to 2021. The cost effectiveness of the membrane, increasing demand for timber frame construction industry in European countries, and its excellent UV resistant properties with breathable characteristics over its alternatives such as non-breathable membranes and asphaltic papers are driving the market for breathable membranes.
The global electrically conductive coating market, in terms of value, is projected to reach USD 18.88 Billion by 2021, at a CAGR of 8.0% from 2016 to 2021. In terms of volume, the market is projected to reach 17.6 KT by 2021, at a CAGR of 7.0% during the forecast period. The high demand for electrically conductive coatings for consumer electronics displays in the emerging economies of the Asia-Pacific region and Europe and North America, and the mergers & acquisitions and new product development strategies by different companies, are the key factors driving the global electrically conductive coating market.
The global tris nonylphenyl phosphite (TNPP) market is projected to reach USD 309.8 Million by 2021, at a CAGR of 5.6% from 2016 to 2021. The key factors driving the global tris nonylphenyl phosphite market is the rising demand for phosphite antioxidants from the petrochemical and plastic industries.
The E-series glycol ethers market was valued at USD 1.64 Billion in 2015 and is projected to reach USD 2.13 Billion by 2021, at a CAGR of 4.3% between 2016 and 2021. Major factors driving the growth of the E-series glycol ethers market include high demand for E-series glycol ethers from diverse applications in areas owing to its exceptional properties such as high water solubility, low volatility, and effective strength.
The global wood coating resins market is projected to reach USD 4.24 Billion by 2021, at a CAGR of 5.39% from 2016 to 2021. Growth in the demand for water borne and solvent free coating resins is driving the global wood coating resins market. Rising demand from end-use industries in the developed and emerging countries has led to the growth of the global wood coating resins market.
The metal replacement market is projected to reach USD 159.82 Billion by 2021, at a CAGR of 9.2% from 2016 to 2021. The key factor propelling the growth of the metal replacement market is the increasing demand for metal replacing materials from the automotive and aerospace & defense industries. Major end-use industries in the metal replacement market include automotive, aerospace & defense, construction, healthcare, and others. In the automotive industry, metal replacing materials are used in the manufacturing of vehicle body parts, as well as various under-the-hood components.
The global market of automotive aftermarket fuel additives (AFA) is estimated to reach USD 1,387.0 Million by 2021 at a CAGR of 7.15% from 2016 to 2021. The main objective of the study is to define, describe, and forecast the automotive aftermarket fuel additives market on the basis of the distribution channel, application, supply mode and region. The report includes detailed information about the major factors (drivers, restraints, opportunities and industry specific challenges) influencing the growth of the market. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market.
The global hexagonal-Boron Nitride (h-BN) powder market was USD 611.5 Million in 2015, and is estimated to reach USD 821.0 Million by 2021, at a CAGR of 5.1% from 2016 to 2021. H-BN powder products find usage in applications such as, coatings & mold release, electrical insulation, lubrication-industrial, composites, personal care, paints, lubricants-food, thermal spray, others (dental cements, pencil lead and synthesizing of h-BN).
The global market size of polysilicon is estimated to reach USD 8.90 Billion by 2021 at a CAGR of 13.0%. The market is primarily driven by the rapid growth of the key end-use industries, such as solar PV and electronics. However, the price decrease and anti-dumping policies hinder the growth of the global polysilicon market.
The global fatty acid methyl ester market is expected to grow from USD 17.26 Billion in 2016 to USD 22.13 Billion by 2021, at a CAGR of 5.1% from 2016 to 2021. Stringent environmental regulations and growing demand for biodiesel are some of the factors that are expected to drive the growth of the fatty acid methyl ester market during the forecast period.
The market size of FRP tank is projected to reach USD 2.32 Billion by 2021 at a CAGR of 4.73%, between 2016 and 2021. The high demand for lightweight and superior properties of composites and the increasing demand of FRP tanks for heavy vehicles in North America and Europe are the key factors responsible for the growth of the FRP tank market.
The defoaming coating additives market was valued at USD 748.0 Million in 2015, and is projected to reach USD 1,034.2 Million by 2021, at a CAGR of 5.6% between 2016 and 2021. The growing automotive and construction industries are boosting the growth of defoaming coating additives market, globally.
The global ceramic textile market size expected USD 132.5 Million by 2021 from USD 74.5 Million in 2015, and is projected to register a CAGR of 9.94% in terms of value, between 2016 and 2015. High heat resistance capability of ceramic fibers in high temperature applications would drive the market. Emerging application industries, such as aerospace and alternate energy, would boost the ceramic textile market.
The global market size of electronics ceramics & electrical ceramics is estimated to reach USD 11.98 Billion by 2021 at a CAGR of 4.89%, in terms of value. The base year considered for the study is 2015 while the forecast period is between 2016 and 2021. The global electronics ceramics & electrical ceramics market is driven by the growing demand for light-weight, corrosion resistant, and advanced ceramic components. The report includes an analysis of the global electronics ceramics & electrical ceramics market by region, namely, Asia-Pacific, Europe, North America, the Middle East & South Africa, and South America.
The UV adhesives market is projected to reach USD 1,222.5 Million by 2021, at a CAGR of 9.15% between 2016 and 2021. Increasing demand for solvent-free adhesives in medical, glass bonding, transportation, and electronics applications is expected to lead to the growth of the UV adhesives market.
The levulinic acid market is projected to reach USD 32.5 Million by 2021, at a CAGR of 14.0% between 2016 and 2021. The key factor fueling the growth of the levulinic acid market is the increasing demand for levulinic acid from plasticizers, pharmaceuticals, and cosmetic industries. Levulinic acid is used in anti–inflammatory medication, and mineral supplements in pharmaceutical applications.
The size of crude oil flow improvers market (COFI) is estimated to grow from USD 1.26 Billion in 2015 to USD 1.73 Billion by 2021, at a CAGR of 5.5%. Rise in crude oil production globally and increase in the hydraulic fracturing mainly from unconventional sources is driving the market.
The market size of polyolefins (PO) is estimated to reach USD 297.09 Billion by 2021, at a CAGR of 7.82% during the forecast period. The market is driven by increasing demand from the plastic, packaging, building & construction, and transportation end-use industries. The need for PO is backed by increasing demand for plastic products in film & sheet, injection molding, extrusion coating, blow molding, and other applications.
The global industrial adhesives market is projected to grow from USD 41.47 Billion in 2016 to USD 53.37 Billion by 2021, at a CAGR of 5.2% from 2016 to 2021. Growth in the packaging, construction & woodworking, and transportation end-use industries and technological advancements are factors driving the demand for industrial adhesives.
The market size of shotcrete/sprayed concrete is projected to reach USD 8.30 Billion by 2021, at a CAGR of 8.0%. Rapid developments in technology and raw materials, economic and technical efficiency of shotcrete, increase in underground constructions activities such as mining and tunneling are the key drivers for the growing shotcrete demand.
The global glass insulation market was valued at USD 37.94 Billion in 2015 and is projected to reach USD 58.71 Billion by 2021, at a CAGR of 7.6% from 2016. This growth is mainly attributed to growth in the construction industry, rising demand for value-added glass products, increasing demand for green buildings, increasing cost of energy, and stringent government regulations.
The global corrosion monitoring market size was USD 176.6 Million in 2015 and is projected to reach USD 297.8 Million by 2021, at a CAGR of 9.1% between 2016 and 2021. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021.
The high-performance insulation materials market is projected to reach USD 10.93 Billion by 2021, registering a CAGR of 11.2% between 2016 and 2021. The market is driven by the increased demand form the end-use applications such as oil & gas, industrial, construction, transportation, and paints & coatings, among others. Asia-Pacific region, with its growing economy and rapidly expanding commercial and industrial base is projected to experience the highest growth in the high-performance insulation materials market between 2016 and 2021.
The global market size of nonylphenol ethoxylates (NPEs) is estimated to decline and reach USD 607.5 Million by 2021, in terms of value. The market is segmented based on application and region. Various applications such as industrial & institutional (I&I) cleaning, paints, oilfield chemicals, leather, textiles, and agrochemicals will support the demand of NPEs during the forecast period.
The market size of liquid roofing is projected to reach USD 7.48 Billion by 2021, at a CAGR of 7.1%. It is projected to be 3,439.3 million square meters by 2021, registering a CAGR of 6.7% between 2016 and 2021. The growing construction industry, increasing demand for energy-efficient buildings, and continuous new product launch/development, agreement/collaboration, expansion, and merger & acquisition activities undertaken by companies are the key factors driving the global liquid roofing market.
The gas analyzer market is projected to reach USD 4.06 Billion at CAGR of 5.70% between 2016 and 2021. This high growth is fueled by the increasing demand for GASD due to the implementation of stringent environmental conservation policies, and rising standards on workplace and residential safety.
The global elastomeric coating market size is projected to reach USD 13.58 Billion by 2021, registering a CAGR of 15.19% between 2016 and 2021. Base year considered for the study is 2015, while the forecast period is between 2016 and 2021. This report aims to estimate the market size and future growth potential of the elastomeric coating market across different segments such as type, technology, application, and region. Factors that influence the market growth are drivers, restraints, opportunities, and industry-specific challenges. We have also analyzed the opportunities in the market for stakeholders and presented the competitive landscape for the market leaders during the forecast period.
The plastic coatings market is projected to reach USD 7.76 Billion by 2021, at a CAGR of 5.5% from 2016 to 2021. This growth can be mainly attributed to the increasing demand from the automotive and building & construction industries.
The global market was valued at USD 12.07 Billion in 2015, and is projected to reach USD 21.83 Billion by 2021, at a CAGR of 10.4% between 2016 and 2021. The market is projected to witness significant growth in the coming years, owing to the rising demand of fresh water due to the increasing population, urbanization, and industrialization.
The rapid prototyping materials market was valued at USD 217.5 Million in 2015 and is projected to reach USD 903.8 Million by 2021, at a CAGR of 26.8% between 2016 and 2021. Major factors driving the growth of the rapid prototyping materials market include high demand for product modification and development, low cycle time of printing, expected increase in supply capacity with forward integration, and development of application-specific grades.
The market size of heat resistant coating is estimated to grow from USD 4.56 Billion in 2016 to USD 6.16 Billion by 2021, at a CAGR of 5.11% between 2016 and 2021. The market is driven by the rising demand of heat resistant coating in the growing automotive & transportation, construction, industrial, and consumer goods industries. Growing awareness of high quality silicone-based products and demand from Asia-Pacific is expected to drive the market.
The global fireproof insulation market was valued at USD 18.16 Billion in 2015, and is projected to reach USD 23.79 Billion by 2021, at a CAGR of 4.6% from 2016 to 2021. Stringent building codes in developed countries, greenhouse gas emission reduction, cost efficiency, strict regulatory environment, rebates and tax credits, and increased demand from new constructions are some of the factors that are expected to drive the growth of the fireproof insulation market during the forecast period.
The global market size of variable displacement pumps is projected to reach USD 4.03 Billion by 2021, registering a CAGR of 4.1% between 2016 and 2021. The growing construction industry in all the regions is expected to generate demand and drive the variable displacement pumps market during the forecast period. The advanced properties such as wide volumetric & pressure efficiency range, and lightweight of the piston pump drive the global variable displacement pumps market.
The global non-woven glass fiber prepreg market was valued at USD 504.7 Million in 2015 and is projected to reach USD 834.5 Million by 2021, at a CAGR of 8.8% from 2016 to 2021. This growth is mainly attributed to the growing demand of wind energy, increasing demand of lightweight composites from the automotive industry, growing market of non-woven glass fiber prepreg material in emerging markets, and strong order book of Airbus and Boeing commercial airplanes
The global thin insulation market size, in terms of value, is projected to reach USD 2.12 Billion by 2021, at a CAGR of 5.8% between 2016 and 2021. The increasing infrastructure development activities in Asia-Pacific and North America and continuous new product launches and joint ventures & collaborations undertaken by different companies are the key factors for the growth of the global thin insulation market.
The global industrial cooling system market is projected to reach USD 17.24 Billion by 2021, at a CAGR of 5.0% between 2016 and 2021. This growth is mainly attributed to impressive development of power generation manufacturing industry in Asia-Pacific, increasing nuclear power generation capacities, and rising demand of cooling systems in thermal power generation industry.
Heat Shield Market size of heat shield was USD 3.14 Billion in 2015 and is estimated to reach USD 4.19 Billion by 2021, at a CAGR of 5.06% during the forecasting period. The heat shield value chain includes raw material manufacturers such as Alcoa Inc. (U.S.) and ArcelorMittal S.A. (Luxembourg), and heat shield manufacturers such as Morgan Advanced Materials (U.K.), Dana Holding Corporation (U.S), and Federal Mogul Holding Corporation (U.S.). Furthermore, the products manufactured by these companies are used by companies related to automotive, aircraft, and defense (firearms) such as Toyota (Japan), General Motors (U.S.), BMW (Germany), Daimler (Germany), Airbus (France), and Boeing (U.S.).
The global precipitated silica market is projected to reach USD 2.23 Billion by 2021, at a CAGR of 9.1% between 2016 and 2021. This growth is mainly attributed to the increasing demand of precipitated silica from the automobile tire industry and rising concerns toward reduction in fuel consumption. Precipitated silica plays a key role in reducing rolling resistance and increasing the wear resistance and traction, which helps in reduced fuel consumption, high durability, and high grip in wet and snowy conditions.
The global cold storage construction market is projected to reach USD 10.47 Billion by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth is mainly attributed to the growth in the international trade of perishable and processed foods, growing consumer demand for temperature controlled items, and government support for development of cold stores.
The coating pretreatment market is estimated to reach USD 3.83 Billion by 2021, at a CAGR of over 5.76% between 2016 and 2021. The drivers identified for the coating pretreatment market are growth in application areas, increased demand from end-use industries, and growing demand from developing nations.
The global roof insulation market was valued at USD 8.45 billion in 2015 and is projected to reach USD 10.85 billion by 2021, at a CAGR of 4.3% from 2016 to 2021. Greenhouse gas emission reduction, cost efficiency, strict regulatory environment, rebates and tax credits, increased demand from new constructions are some of the factors that are expected to drive the growth of the roof insulation market during the forecast period.
The global rotogravure printing inks market size is estimated to reach USD 4.30 Billion by 2021, registering a CAGR of 4.99% between 2016 and 2021. In this study, 2014 has been considered as the historical year and 2015 as the base year for estimating market size, while the forecast period is between 2016 and 2021.
The market size of additive masterbatch was USD 2.42 Billion in 2015 and is projected to reach USD 3.40 Billion by 2021, at a CAGR of 6.0% between 2016 and 2021. In this study, 2014 has been considered as the historical year, 2015 as the base year, and 2016–2021 as the forecast period for estimating the market size. The global additive masterbatch market is segmented based on type, carrier resin, end-use industry, and region.
The surfactants EOR market is projected to reach USD 70.9 Million, by 2021, and grow at a CAGR of 3.20%, during the forecast period. As the oil reserves are depleting, the need for increased deeper and horizontal drilling activities in difficult terrains rises. This is expected to influence the market players to undertake EOR techniques, resulting in increased demand for surfactants.