BASF (Germany) and Total (France) are the Leading Players in the Expanded Polystyrene Market

The EPS market is expected to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The major driving factors in the EPS market are the growing construction and packaging industries in the developing countries.

Download Free PDF Brochure: http://bit.ly/2HMoJ6H

The major EPS vendors include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands). These players have adopted various growth strategies, such as mergers & acquisitions, investments & expansions, new product launches, and partnerships & agreements to further expand their presence in the global EPS market. Mergers & acquisitions and investments & expansions have been the most dominating strategy adopted by major players from 2015 to 2018, which help them innovate on their offerings and broaden their customer base.

In line with the rising demand for EPS materials, Synthos has been working to deliver efficient EPS products to various end-use industries. The company manufactures chemical raw materials, rubber, and polystyrene for foaming applications. It is one of the leading producers of EPS in Europe. The company caters to various end-use industries such as tire & rubber, thermal insulation, construction chemicals, packaging, wood & furniture, and paper. It offers EPS through its Styrenopochodne business segment. In August 2016, Synthos acquired the EPS business of INEOS Styrenics European Holding BV (Switzerland). Through this acquisition, the company accelerated its growth and offered access to expanded technologies and an enhanced product portfolio to the customers of both companies.

Speak to Analyst: http://bit.ly/2VEAcdx

BASF is a leading chemical company that offers a range of chemicals and intermediate solutions. The company operates through five business segments, namely, chemicals, performance products, functional materials & solutions, agricultural solutions, and oil & gas. It offers EPS under its functional materials & solutions business segment. The company has a strong customer base and operates in Europe, APAC, North America, and South America, and the Middle East & Africa. In June 2018, the company made investment and announced that it is increasing its global production capacity for Neopor by 40,000 metric tons per year. At the Ulsan site in Korea, BASF will switch the plant’s 85,000 metric tons capacity from white EPS Styropor to the improved insulation raw material grey Neopor EPS by 2018. This will allow the company to meet the growing demand for the grey material in the Asian market.

Contact -
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com

3M Company (US) and Intertape Polymer Group (Canada) are leading players in Sealing & Strapping Packaging Tapes Market

The sealing & strapping packaging tapes market is growing rapidly due to the growing applications in the packaging market globally. Factors such as the increasing demand for sealing & strapping packaging tapes from the Asia Pacific region and a wide range of applications in the packaging industry have largely contributed to the growth of the sealing & strapping packaging tapes market. The sealing & strapping packaging tapes market is segmented on the basis of material, type of adhesive, applications, and region. The strapping & bundling segment is projected to witness significant growth due to the technological advancements and innovations in the packaging industry. According to MarketsandMarkets, the global market for sealing & strapping packaging tapes, in terms of value, is projected to reach USD 22.1 billion by 2023, at a CAGR of 4.89%.

Download Free PDF Brochure: http://bit.ly/2VLq2Mc

The growth of the sealing & strapping packaging tapes market was largely influenced by acquisitions, new product launches, investments, and agreements in the past five years. The years 2015-2018 witnessed a large number of acquisitions by top players in the market. Expansions, new product launches, and agreements have also formed an essential part of the strategies adopted by key market players, which has contributed to their growth in the emerging markets. The major players include companies such as Avery Dennison Corporation (US), 3M Company (US), Nitto Denko Corporation (Japan), Intertape Polymer Group (Canada), Tesa SE (Germany), Scapa Group plc (UK), Shrutapes (US), Nichiban (Japan), Mactac (US), and Wuhan Huaxia Nanfeng Adhesive Tapes (China).

Table of Contents

1 Introduction (Page No. - 16)

   1.1 Objectives of the Study

   1.2 Market Definition

   1.3 Market Scope

   1.3.1 Regional Scope

   1.3.2 Periodization Considered

   1.4 Currency Considered

   1.5 Unit Considered

   1.6 Stakeholders

Speak to Research Expert for more info: http://bit.ly/2IZss47

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Expansion was a key strategy adopted by the industry players to achieve growth in the Petroleum Resins Market between 2011 and 2016.

Expansion was a key strategy adopted by the industry players to achieve growth in the petroleum resins market between 2011 and 2016. This strategy accounted for the largest share among all the strategies adopted by the market players. The physical properties of petroleum resins such as high chemical resistance, pressure resistance, low molecular weight, and water miscibility are boosting its use in the adhesives & sealants, paints & coatings, printing inks, rubber compounding, tapes & labels, and others applications. Moreover, the use of petroleum resins is environmentally safe. These aspects have encouraged companies to adopt the strategy of expansion in the petroleum resins market. Some of the leading petroleum resins makers such as ExxonMobil Corporation (U.S.), Total CrayValley (U.S.), Eastman Chemical Corporations (U.S.), are adopting this strategy to develop their businesses, globally.

Download Free PDF Brochure: https://tinyurl.com/yy5e3xj7

Besides expansions, the companies have adopted the strategy of new product launches; investments; and mergers to expand their market share and distribution network. These strategies also accounted for a significant share of the total number of growth strategies adopted by the players in the global petroleum resins market between 2011 and 2016.

Key companies such as are Total CrayValley (U.S.), Exxon Mobil Corporation (U.S.), Kolon Industries, Inc. (South Korea), Arakawa Chemical Industries Limited (Japan), Eastman Chemical Company (U.S.), Lesco Chemical Limited (China), Puyang Ruisen Petroleum Resins Co., Ltd. (China), Zeon Corporation (Japan), Innova (Tianjin) Chemical Co., Limited (The Netherlands), Shandong Landun Petroleum Resin Co., Ltd. (China), Puyang Tiacheng Chemical Co., Ltd. (China), and Shanghai Jinsen Hydrocarbon Resins Co., Limited (China) are the most active players in the global petroleum resins market.

Request Free Sample Report: https://tinyurl.com/y4r4bmlo

In 2014, Exxon Mobil Corporation (U.S.) announced to build specialty polymers units at Singapore Chemical Plant. This expansion helped the company to provide competitiveness of its business in Singapore. In 2015, Zeon Corporation (Japan) completed the Expansion of C5 Petroleum Resin in its Thailand plant. The demand for this resin has increased for the fast few years. By this expansion, the company is enabled to fulfill the demand from Europe, U.S., and Asia-Pacific for hygiene materials, traffic paint, and other applications. In 2012, Puyang Ruisen Petroleum Resins Co., Ltd. (China) launched PRS-A2020, a liquid aromatic hydrocarbon modified C5 petroleum resin. This all developments would help the companies in fulfilling the increasing demand of petroleum resins in future.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1–888–600–6441
Email: newsletter@marketsandmarkets.com

Key Players in the Adhesion Promoters Market Focus on New Product Launches and Expansions as Their Key Growth Strategy

The adhesion promoters market is growing at a moderate pace over the past five years, owing to growth in the automotive, packaging, and construction sectors. Currently, the adhesion promoters market is dominated by key players such as Momentive Performance Materials Inc. (U.S.), Eastman Chemical Company (U.S.), Dow Corning Corporation (U.S.), BASF SE (Germany), Arkema SA (France), Evonik Industries AG (Germany), ALTANA AG (Germany), Air Products and Chemicals, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and AkzoNobel NV (Netherlands), among others.

Download Free PDF Brochure: http://bit.ly/2Z4C963

New product developments/new product launches have been made in the past few years by key companies, such as Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), ALTANA AG (Germany), Arkema SA (France), Dow Corning Corporation (U.S.), and E. I. du Pont de Nemours and Company (U.S.). Product innovation is the key growth strategy adopted by major players to gain competitive edge over their competitors. These developments address the future demand of adhesion promoters from the growing automotive, construction, packaging, and electronic sectors. Key players in this market are also focused on research & development activities for product innovation and have registered patents to address the increasing demand of adhesion promoters. For instance, ALTANA AG (Germany) introduced SCONA TPPP 9212 for use in the polypropylene glass fiber compounds. Momentive Performance Materials Inc. (U.S.) introduced Silquest Y-15744 silane, Silquest Y-11699 silane, and Silquest VX-225 silane. These products were developed for use in adhesives, polymers, glass, metal, and wood. Arkema SA (France) launched Orevac 18341 coupling agent for halogen-free flame retardant (HFFR) compounds used in cable applications.

Apart from product innovation, companies are also focused on expansions and collaborations. One of the recent expansion activity was undertaken by BASF SE (Germany) that established a new production facility in Nanjing Chemical Industry Park, in China, to produce dimethylaminopropylamine (DMAPA) and polyetheramines (PEA). Momentive Performance Materials Inc. (U.S.) increased the production capacity of its manufacturing unit in Jiande, China.

Request Free Sample Report: http://bit.ly/2G5Lxhe

Companies such as Evonik Industries AG (Germany) and Momentive Performance Materials Inc. (U.S.) are involved in collaboration activities. Evonik Industries AG (Germany) and Mercedes entered into an agreement that aimed at enabling Mercedes to use VESTAMELT adhesion promoters for its mass-produced automobiles. Momentive Performance Materials Inc. (U.S.) collaborated with Sumitomo Rubber Industries (Japan) to develop Enasave Premium tire.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee RoadSuite 430Northbrook, IL 60062USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com