What You Need To Know In 2021 About Chromatography Resin Market (Current Updates)

 The report "Chromatography Resin Market by Type (Natural, Synthetic, Inorganic Media), Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Multimodal), Application (Pharma & Biotechnology, Food & Beverage), Region - Global Forecast to 2025" The chromatography resin market is projected to reach USD 3.3 billion by 2025, at a CAGR of 8.2% from USD 2.2 billion in 2020.

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Impact of COVID-19 on Chromatpgraphy Resin Market

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is still diverse. While a few industries will register a drop-in demand, numerous others will continue to remain stable and show promising growth opportunities (pharma & biotech). The chromatography resin market has witnessed significant growth previously. Due to the unexpected COVID-19 outbreak, the market will witness additional growth in 2020, owing to the increasing use of chromatography techniques in the approval of various drugs.

Currently, an increasing number of research activities are being performed to test the impact of COVID-19 on human bodies, as the outbreak has led to a crisis around the world. In addition, technological advancement and the increasing importance of chromatography in laboratories, forensic labs, and pharmaceutical R&D will enhance market growth during the forecast period.

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Natural polymer is the largest type for chromatography resin market in 2019

Natural polymer used in chromatography techniques is extracted from living cells such as plant and bacteria cells. Agarose, cellulose, and dextran are the natural polymers that are most commonly used as resins in chromatography applications. Chitosan is also used as a resin in a few ion chromatography applications. Most of these natural polymeric resins are polysaccharides. The major advantage of these natural polymers is their hydrophilic nature, as they have a large number of hydroxyl groups in their structure.

Affinity is estimated to be the largest technique in chromatography resin market between 2020 and 2025.

Affinity chromatography offers high selectivity, resolution, and capacity in most protein purification schemes. It has the advantage of utilizing a protein's biological structure or function for purification. As a result, purifications that would otherwise be time-consuming and complicated can often be easily achieved with affinity chromatography. The major applications of affinity chromatography include separation of a mixture of compounds, removal of impurities in the purification process, enzyme assays, detection of substrates, investigation of binding sites of enzymes.

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MODULAR CONSTRUCTION MARKET – GLOBAL FORECAST TO 2026 (At A Compound Annual Growth Rate (CAGR) of 5.75%)

 The Modular Construction Market by Type, Module (Four-Sided Modules, Open-Sided Modules, Partially Open Sided Modules, Mixed Modules & Floor Cassettes, Modules Supported By a Primary Structure), Materal , End-Use Sector, Region – Global Forecast To 2026

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MarketsandMarkets: The  global modular construction market size is projected to grow from USD 87.0 billion in 2021 to USD 115.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 5.75% during the forecast year.

In terms of value and volume, steel is projected to be the fastest segment in the modular construction market from 2021 to 2026.

Steel, by material, is thefastest-growing segment for modular construction market from 2021 to 2026, in terms of value and volume. Steel frames are also lighter in comparison to other wall materials, which allows building structures created from them to be craned and transported into a place in a more efficient manner, resulting in less disturbance to the local area and reducing cost. It is also recyclable, and hence, buildings made from steel can be easily dismantled. It is one of the most popular materials for use in relocatable buildings used as commercial buildings, warehouses, and retail outlets.

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Study Coverage

The scope of the report covers detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the modular construction market. A comprehensive analysis of the key players has been performed to provide insights into their business overviews, operational & financial assessments, products & services on offer, and key growth strategies adopted by them.

Contracts, new projects, and agreements accounted for the largest share of all the strategic developments that took place in the modular construction market between 2017 and 2020. Key players such as Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Kleusberg GmbH (Germany), Katerra (US), Bechtel Corporation (US), and Fluor Corporation (US) adopted these strategies enhance their market presence and strengthen their manufacturing and distribution capabilities in the modular construction industry.

Tittal ExxonMobil (U.S.) and Royal Dutch Shell PLC (Netherlands) are the Leading Players in the Industrial Wax Market | MarketsandMarkets

The Industrial wax market was USD 7.3 billion in 2020 and is projected to reach USD 8.9 billion by 2025, at a CAGR of 4% from 2020. This is due to the growing demand for industrial waxes from various applications. The candle market is the largest application segment of industrial waxes. Colored candles and candles with fragrances are gaining more importance in Homedecore industries for ambiance improvement and other purposes. Bio-based wax demand is growing in food, packaging, cosmetics & personal care, and other applications, due to environmental regulations in developed regions such as North America and Europe. Growing population and faster GDP growth rates in countries such as China, India, and other Asian countries boost the industrial wax market growth.

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In February 2019, HollyFrontier  acquired Sonneborn (U.S.) for USD 655 million. The company is a producer of specialty hydrocarbon chemicals such as white oils, petrolatums, and waxes with manufacturing facilities in Pennsylvania and the Netherlands.

Companies have initiated the following developments:

• In August 2020, Sasol Ltd entered into a distribution agreement with DKSH Management Ltd (Switzerland) for marketing, distribution, and logistics for Sasols chemicals and wax products in the European market.
• In March 2020, Calumet Specialty Products Partners acquired Paralogics, LLC (U.S), a producer of the candle and industrial wax blends, and has added 20 million pounds of annual blending and formulating capabilities.
•  In May 2019, ExxonMobil announced an expansion of three-project with a total investment of USD 2 billion to expand the US-based chemical plant at Baytown, Texas.
• In January 2019, Royal Dutch Shell announced the expansion of the fourth alpha olefins (A.O.) unit at Louisiana, the U.S., with a 425,000-tonne-per-year capacity.
• In April 2019, Sasol Ltd opened a new wax warehouse in Sasolburg, South Africa, to improve the supply chain cost base, quality of product, service experience, and to improve export business.

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The leading players in the Industrial wax market include ExxonMobil (U.S.), Royal Dutch Shell PLC (Netherlands), Sinopec (China), Sasol Ltd (South Africa), CEPSA (Spain), and Hollyfrontier Corporation (U.S.).The key industry players are adopting strategies to expand their presence in the global market.

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Market Leader - Automotive Headliner Market | What You Need To Know In 2021

The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2% between 2020 and 2025. The major driving factors of the market include an increase in demand for advanced headliners in premium segment vehicles, rising demand for interior styling, perceived quality, and convenience features, and government regulation for lightweight and safety.

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The key players in the automotive headliner market are Grupo Antolin-Irausa, S.A. (Spain), Motus Integrated Technologies (US), Toyota Boshoku Corporation (Japan), Kasai North America, Inc. (US), International Automotive Components Group SA (Luxembourg), Howa Co., Ltd. (Japan), UGN, Inc. (US), SA Automotive (US), Hayashi Telempu Corporation (Japan), Freudenberg Performance Materials (France), Inteva Products, LLC  (US), and IMR-Industrialesud Spa (Italy). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, and contract & agreement between 2016 and 2020, to enhance their market shares and expand their global presence.

Motus Integrated Technologies designs and manufactures automotive parts. The company offers headliners and unlit, illuminated, and auxiliary coverage sun visors, door & console armrests, underbody panels, instrument panel trim, package tray, seatback panels, and other soft and decorative trim components. The company has one of the industry’s broadest and most technologically advanced product portfolios.

• In August 2019, the company acquired Janesville Fiber Solutions, which provides high-performance engineered acoustical and thermal fiber automotive solutions. Through this acquisition, Motus strengthened its geographic footprint and its product portfolio.

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Grupo Antolin-Irausa, S.A. (GAI) is a leading company in the automotive headliner market which is involved in the development, manufacturing, and selling of interior components for the automobile industry. The company operates through four business segments, namely, overheads, doors, lighting, and cockpits and consoles. Under the overhead segment, the company’s products include modular headliner, substrate, lighted headliner, sun visors, and soft trim. Its components include wiring, handles, stow spaces, fastening systems, head impact safety, air conditioning, antennas, front and side airbag, panoramic solutions, loudspeakers, and electronics, among others.

• In April 2018, Grupo Antolin-Irausa, S.A. (GAI) opened a manufacturing facility in Alabama, US, for the production of automobile interiors, including doors, headliners, lighting fixtures, cockpits, and trim. Through this, Grupo Antolin joined a dynamic and expanding auto sector in Alabama, which includes three assembly plants, a large-scale engine plant, and a broad-based network of suppliers.

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New Revenue Pockets – Industrial Coatings Market | What You Need To Know In 2021

 The industrial coatings market size is estimated to grow from USD 85.2 billion in 2020 to USD 103.2 billion by 2025, at a CAGR of 3.9% during the forecast period. Industrial coatings are thin films applied on materials to add or enhance their specific properties such as corrosion resistance, wear resistance, and conductivity. Industrial coatings are manufactured with conventional polymers such as epoxy, polyurethane, acrylic, alkyd, polyesters, and fluoropolymer. Industrial coatings are used in production plants, to coat discrete parts, finished assemblies (automobiles, trucks, aircraft, and vessels), tanks, piping, metal sheet, wood panels, paper, and paperboard. The industrial coatings market depends heavily on the performance of the end-user industries such as automotive, aerospace, marine, wood, packaging, protective, coil, transportation, and general industrial equipment.

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Based on resin type, polyurethane resins dominated the industrial coatings market in 2019. Polyurethane resin-based coatings have properties, such as high durability, toughness, ease of cleaning, and high gloss. These properties make them preferable in a wide range of applications. The polyurethane resin-based coatings are used where high performance is expected, such as oil-rig towers, warehouses, industrial plants, heat-resistant coatings, and bridges.

The coating technology is used for covering a substrate material with an organic film that possesses the desired protective, mechanical, optical, aging, and adhesion properties. Many technologies process and convert resins, pigments, and additives to industrial coatings, which are used in many end-use industries such as automotive, marine, aerospace, protective, industrial wood, general industrial, coil, packaging, and rail.

The two main technologies used to manufacture industrial coatings are water-based and solvent-based. Solvent-based formulations occupy the largest share of the industrial coatings market owing to their popularity as they are used in diverse coating applications due to their high performance. Solvent-based industrial coatings are mainly used in automotive coatings, general industrial coatings, and protective coatings.

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Based on end-use industry, the general industrial segment is the largest end-use industry of industrial coatings. The general industrial coatings market has diverse end-users and is tied to multiple industries. The drivers of the general industrial coatings market are population growth, improving standard of living, infrastructure growth, global GDP growth, and recovery & growth in the construction industry.

Moreover, major companies are focusing on strengthening their R&D facilities to provide eco-friendly products. These products are manufactured adhering to regulations implemented by associations and governments. All such developments are expected to lead to the sustainable development of players in the industrial coatings market over the next five years.

Sibelco NV (Belgium), U.S. Silica Holdings, Inc. (US) Are Leading Players In The Washed Silica Sand Market | MarketsandMarkets

The global washed silica sand market size is projected to grow from USD 18 million in 2021 to USD 24 million by 2026, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast year. Washed silica sand refers to silica sand that undergoes a washing and rinsing process after mining. Salt, clay, and other powders and dust are washed out of the overall mixture. It often undergoes additional separating and classification into grain sizes or grit sizing. Washed silica sand comes in coarse, medium, fine, and ultra-fine granule sizes. Washed silica sand is used for various applications, such as glass, foundry, ceramic & refractories, filtration, abrasives, metallurgical silicon, and oil well cementing.

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The washed silica sand market has thousands of companies which thrive in their domestic market. A few of the major players are, Sibelco NV (Belgium), U.S. Silica Holdings, Inc. (US), VRX Silica Limited (Australia), Australian Silica Quartz Group Ltd (Australia), and Adwan Chemical Industries Company (Saudi Arabia), among others. These players have adopted various growth strategies, such as merger & acquisitions, and agreements, to increase their market shares and enhance their product portfolios.

Merger & acquisition accounted for the largest share of all the strategic developments that took place in the washed silica sand market between 2017 and 2020. Key players such as U.S. Silica Holdings, Inc., and VRX Silica Limited adopted these strategies to enhance their business, market presence, and meet consumer demand.

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SCR- Sibelco NV is a global material solutions company. It provides specialty industrial minerals, particularly silica, clays, feldspathic sand, and olivine. The company operates different business segments, namely, Covia, Build Environment; Disposal Group Lime, Glass Solutions; Coating, Polymer & Chemical Solutions; and Water & Environment Solutions. Covia operates with 50 million tons of active production capacity. The company produces the crystalline forms of silica – quartz and cristobalite – as both sands and flours. For industrial use, pure deposits of silica capable of yielding products of at least 98% SiO2 are required. The company has three major silica sand production facilities worldwide. It has 114 production sites that are operating in 31 countries worldwide.