In-depth Analysis of the COVID-19 Impact on Silk Market Worth 16.94 Billion USD

 The global silk market is projected to be valued at USD 16.94 billion, at a CAGR of 7.8%. To estimate the global market of silk. The growing demand in the Asia-Pacific, coupled with the growing demand for textile goods is expected to drive the global silk market during the forecast period.

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Major Market Developments:

• In March 2017, Bolt Threads Inc. started its first product made of spider silk. It introduced tie made of spider silk.
• In September 2016 AMSilk GmbH entered into distribution agreements with Korean-based company Hanjoo C&C for the distribution of its product in the Asian market. It distributes AMSilk products, Silkbeads (microparticles), and Silkgel (hydrogel) in Korea.
• In June 2016, AMSilk GmbH entered into an agreement with Zurich based company, RAHN AG, to distribute two ingredients made from AMSilk, Silkgel, and Silkbeads.

Textile application is driving the demand in silk market

Textile is the fastest-growing application of silk. Silk is an important contributor to the textile industry which is continuously growing and evolving in terms of demand and supply. Silk is used in textiles for its lustrous appearance, luxurious feel, lightweight, resilient, and strength. It is used in many types of apparel such as wedding dresses, gowns, blouses, scarves, neckties as well as in many household products such as pillows, wall hangings, draperies, upholstery.

Market Dynamics

Drivers

• Technological advancement in sericulture
• Low capital intensive industry

Restraints

• Higher dependency on china for raw material

Opportunities

• High demand from Indian textile industry
• Emerging spider silk

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The Asia-Pacific is projected to be the fastest-growing market for silk, in terms of value and volume, during the forecast period. China, India, Uzbekistan, and Thailand are the markets of silk in the Asia-Pacific region. The demand for silk is primarily driven by the increasing population & export of the textile goods made in these countries. Also, the domestic demand of silk in China and India is significantly influencing the demand of silk in the region.

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COVID-19 Impact on Caprolactam Market (Global Forecast to 2023)

The market for caprolactam is estimated to grow from USD 13.1 billion in 2018 to USD 15.6 billion by 2023, at a CAGR of 3.59% during the forecast period. The base year considered for this study is 2017 and the forecast period is from 2018 to 2023.

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In 2017, the caprolactam market in the nylon 6 fibers segment accounted for the largest share of 47.3%, in terms of volume, and is projected to register a CAGR of 2.90% between 2018 and 2023. The caprolactam market in the nylon 6 engineering plastics segment is projected to register a CAGR of 3.54%, in terms of value, between 2018 and 2023. The increasing demand for caprolactam in engineering plastics and films application is expected to drive the market for caprolactam. The high growth of the caprolactam market is primarily due to the growing electrical & electronics and automotive industries.

♦ Recent Developments -

• In May 2018, Aquafil and Genomatica announced the formation of Project EFFECTIVE, a multi-company collaboration to produce more sustainable fibers and plastics for commercial use by using renewable feedstocks and bio-based technologies. One of the key objectives of Project EFFECTIVE is to develop a more sustainable nylon, made from bio-based caprolactam produced using renewable feedstocks.

• In February 2018, Aquafil signed an agreement with INVISTA, one of the world’s largest integrated producers of chemical intermediates, polymers, and fibers, to acquire certain tangible and intangible assets related to INVISTA’s nylon 6 business activity in APAC. This will accelerate Aquafil’s investment program in APAC, which has the highest potential, in terms of demand growth for synthetic fibers.

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♦ Companies Covered -

AdvanSix Inc. (US), Alpek S.A.B. de C.V. (Mexico), The Aquafil Group (Italy), BASF SE (Germany), Capro Co. (South Korea), China Petrochemical Development Corporation (Taiwan), Domo Chemicals (Germany), Grupa Azoty (Poland), Gujarat State Fertilizers & Chemicals Limited (India), Highsun Group (China), KuibyshevAzot PJSC (Russia), Lanxess AG (Germany), Luxi Chemical Group Co., Ltd. (China), China Petroleum & Chemical Corporation (Sinopec) (China), Spolana (Czech Republic), Sumitomo Chemical Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Ube Industries, Ltd. (Japan), and Zhejiang Hengyi Group Co., Ltd. (China).


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In-depth Analysis of the COVID-19 Impact on Production Chemicals Market (Global Forecast)

Production chemicals are used for enhancing the recovery of hydrocarbons from the well. Various categories of production chemicals include corrosion inhibitors, scale inhibitors, asphaltene inhibitors, biocides, demulsifies, scavengers, surfactants, and others. These chemicals are added in production to achieve the optimum performance and enhance the effectiveness of the oil recovery.

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Recent boom in the shale oil and gas industry in North America is driving the demand for production chemicals. The factors driving growth in the production chemicals market are increasing production of crude oil, growing drilling activities, and pursuing production from ageing fields. The market is projected to witness huge growth due to enormous potential offered by these drivers. Many of the oil and gas companies are headquartered in this region which boosts the oil and gas industry of North America and the neighboring Latin American region.

Production Chemicals Market by Type (Demulsifiers, Corrosion Inhibitors, Scale Inhibitors, Asphaltene Inhibitors, Biocides, Scavengers, Surfactants, and others), by Oilfield Type (Onshore and Offshore), and Region - Global Trend.

♦ Major Key Players -

The report covers the global production chemicals market in major regions namely North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America. This report analyzes different marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, and winning imperatives. Major companies such as Akzonobel NV (The Netherlands), BASF SE (Germany), Croda PLC (U.S.), DuPont (U.S.), Baker Hughes (U.S.), Halliburton, and Schlumberger Limited (U.S.) are profiled.

Production chemicals are used in the oilfield operations mainly to improve production maintenance & transport and eventually the recovery from reserves. Increasing oil production, extraction of oils from technologically challenging hydrocarbon geologies, and necessity of better extraction are boosting interest in the market.

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This market is driven by increasing production of crude oil, growing drilling activities, and pursuing development and production from established/ageing Fields. The demand for production chemicals is increasing in enhanced oil recovery application as EOR activities are rising globally to enhance crude oil production from mature or declining reserves. The Asia-Pacific region is estimated to be the fastest-growing region as increasing number of oilfields are being explored and turned over in this region. Countries such as China, Malaysia, Thailand, and Indonesia are registering a high growth in the region.


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In-depth Analysis of the COVID-19 Impact on Biodiesel Market

The biodiesel market size was is estimated to be USD 34.1 billion, in 2016, and is projected to reach USD 41.2 billion, by 2021, at a CAGR of 3.8%, between 2016 and 2021. Increasing demand for environmentally-friendly fuels that reduce greenhouse gas emissions and ensure complete burning is an important factor driving the biodiesel market. The support of the government for biodiesel production by providing subsidies and imposing mandates indicates a continued growth of the market.

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The vegetable oils segment accounted for the largest share of the market.

Feedstock obtained from vegetable oils such as rapeseed oil, soybean oil, and palm oil accounts for the largest share in the production of biodiesel. The feedstock used in a particular country depends on the availability of crops in that country. For instance, rapeseed oil is currently the most common feedstock used in biodiesel production, followed by soybean oil. Rapeseed oil is commonly used in many European countries for biodiesel production, whereas soybean oil is used in the U.S. and Argentina. Coconut oil and palm oil is used in Malaysia and Indonesia.
Fuel is projected to be the fastest-growing application of biodiesel during the forecast period.

Fuel application accounted for the largest share of in 2015, owing to the increasing consumption of biodiesel fuel in marine, automotive, railway, and agriculture industries. Biodiesel has a higher lubricity (50:1) than that of conventional petroleum diesel, which is also driving its application as fuel.

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In-depth Analysis of the COVID-19 Impact on Silk Market

The global silk market is projected to be valued at USD 16.94 billion by 2021, at a CAGR of 7.8% from 2016 to 2021. In this study, 2015 has been considered the base year and 2016 to 2021, the forecast period, to estimate the global market of silk. The growing demand in the Asia-Pacific, coupled with the growing demand for textile goods is expected to drive the global silk market during the forecast period.

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Market Dynamics

Drivers

• Technological advancement in sericulture
• Low capital intensive industry

Restraints

• Higher dependency on china for raw material

Opportunities

• High demand from Indian textile industry
• Emerging spider silk

Challenges

• High Cost of Material
• Labor Intensive Industry

Textile application is driving the demand in silk market

Textile is the fastest-growing application of silk. Silk is an important contributor to the textile industry which is continuously growing and evolving in terms of demand and supply. Silk is used in textiles for its lustrous appearance, luxurious feel, lightweight, resilient, and strength. It is used in many types of apparel such as wedding dresses, gowns, blouses, scarves, neckties as well as in many household products such as pillows, wall hangings, draperies, upholstery.

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Company Information

• Detailed analysis and profiling of additional market players (Up to 3)

The global silk market is projected to reach USD 16.94 billion by 2021, at a CAGR of 7.8% from 2016 to 2021. Silk is experiencing a high demand from the Asia-Pacific region mainly from China. Asia-Pacific is the largest producer of raw silk which makes it the region with easy availability of raw material. Silk find application majorly in textile industry. Increasing demand from textile industry promoted the usage of silk. Technological development in the sericulture industry is expected to further drive the silk market.

Covid-19 Impact on Seamless Pipes Market (Worth 237.11 Billion USD by 2022)

The report “Seamless Pipes Market by Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022”, The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.

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The objectives of this study are:

• To define and segment the seamless pipes market by type, material, production process, end-use industry, and region
• To identify the market dynamics, such as drivers, restraints, opportunities, and challenges currently impacting the growth of the seamless pipes market
• To analyze and forecast the demand for seamless pipes, in terms of value and volume
• To estimate, analyze, and forecast the seamless pipes market with respect regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa and key countries in the region.

The seamless pipes market has a diversified ecosystem, which includes seamless pipe manufacturers, raw material suppliers, along with project contractors and service providers, vendors, end users, and government organizations. Companies operating in the global seamless pipes market include  Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (U.S.), Schulz USA (U.S.), ChelPipe (Russia), EVRAZ Plc (U.K.), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).

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Based on End-use Industry:

• Oil & Gas
• Infrastructure & Construction
• Power Generation
• Automotive
• Engineering
• Others

The following customization options are available for the report:
Along with the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

• Product matrix, which gives a detailed comparison of new products and market trends in each industry
• Further breakdown of a region with respect to a particular country and end-use industry
• Detailed analysis and profiles of companies in various end-use industries (up to five)

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In-depth Analysis of the COVID-19 Impact on Bonding Films Market

Bonding Films Market was valued at USD 613.5 Million in 2016 and is projected to reach USD 985.5 Million by 2022, at a CAGR of 8.2% between 2017 and 2022. In this report, 2016 has been considered as the base year and the forecast period has been considered from 2017 to 2022.

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The Objectives of this Study are:

• To define, describe, and analyze the bonding films market on the basis of type, technology, end-use industry, and region
• To forecast and analyze the size of the bonding films market (in terms of value) in five key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, and Rest of the World (RoW)
• To forecast and analyze the bonding films market at the country level in each region

This research study involves the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the market for bonding films.

♦ Key Market Players -

The bonding films value chain includes raw material manufacturers such as Nanya Plastics Corporation (Taiwan), 3M (US), Huntsman International LLC. (US), etc. that manufacture epoxy, acrylic, polyurethane, and other types of resins. These resins are used by manufacturers to develop various types of bonding films that are further used by various other companies such as Tokyo Electron Limited (Japan), Hexcel Corporation (US), etc. in various high-end applications.

Bonding Films Market, by Technology:
The bonding films market has been segmented on the basis of the technology into:

• Thermally Cured
• Pressure Cured
• Others (Chemically Cured and Light cured)

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Polyolefin Powders Market by Chemistry (Polyethylene, Polypropylene, and EVA), Application (Rotomolding, Masterbatch), End-Use Industry (Tanks & Containers, Transportation, Coatings, Cosmetics, Battery, Construction), and Region - Global Forecast to 2022

polyolefin powders market was valued at USD 6.46 Billion in 2016 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% between 2017 and 2022. The report segments the polyolefin powders market on the basis of chemistry into polyethylene, polypropylene and EVA; on the basis of end-use industry into toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others; on the basis of application into rotomolding, masterbatch, and others, and region into North America, Europe, APAC, the Middle East & Africa, and South America. Base year considered for the study is 2016, while the forecast period is between 2017 and 2022. The rise in demand for polyolefin powders in various end-use industries, such as toys, tanks & containers, automotive & transportation, and paints & coatings is driving the polyolefin powders market.

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Top-down and bottom-up approaches have been used to estimate and validate the size of the global market and various other dependent submarkets in the overall polyolefin powders market. The research study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, Chemical Fabrics & Film Association (CFFA), The Association of Rotational Molders (ARM), European Chemical Agency (ECA), European Automobile Manufacturers Association (ACEA), Independent Cosmetics Manufacturers And Distributors (ICMAD) and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the polyolefin powders market.

Key Target Audience:

• Polyolefin Powders Manufacturers
• Raw Material Suppliers
• Traders, Distributors, and Suppliers of Polyolefin Powders
• Regional Manufacturer Associations and General Polyolefin Powders Associations
• Government & Regional Agencies and Research Organizations
• Investment Research Firms

On the Basis of Application:

• Rotomolding
• Masterbatch
• Others

On the Basis of End-use Industry:

• Toys, tanks & containers
• Automotive & transportation
• Paints & coatings
• Cosmetics
• Battery
• Building & construction
• Others

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Products based on plastics microbeads such as PE and PP are banned in most countries of Europe and North America due to their effects on the environment and marine food cycle. Thus, this factor is restraining the growth of polyolefin powder market in these regions.

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