Tuesday, April 7, 2020

Potassium Metabisulfite Market by Application (Wine Industry, Beer Industry, Food Preservatives, Textile Industry, Photographic Chemicals, & Others)

Potassium metabisulfite is a white crystalline powder and has a strong sulfur odor. Potassium metabisulfite is a disulfite and has got a melting point of 374 degrees Fahrenheit. The chemical has some potential dangers associated with it like exposure to this substance includes severe burning and damage to eyes, irritation and reddening of skin and difficulty in breathing. The potassium metabisulfite market, by application has been broadly segmented into six categories namely, wine industry, beer industry, food preservatives, textile industry, photographic chemicals, and others. The wine and beer industry is the largest market for potassium metabisulfite. Both the wine and beer industry together accounted for approximately 65.5% of the global potassium metabisulfite market in 2014 in terms of volume. The global potassium metabisulfite market is largely driven by the increasing demand for wine and beer. Also, increased demand for food preservatives is expected to drive the demand for the chemical. The largest consumers of potassium metabisulfite are Italy, France, the U.S., and Turkey.


By Application
  • Beer
  • Wine
  • Food Preservatives
  • Textile Industry
  • Photographic Chemicals
  • Others
This report aims to estimate the global market of potassium metabisulfite in 2014 and to project the expected demand of the same till 2020. This market research study provides a detailed qualitative and quantitative analysis of the global market. The research methodology of the report involved the utilization of various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources – experts from related industries and suppliers were interviewed to obtain and verify critical information as well as to assess the future prospects of the potassium metabisulfite market.

Italy, Turkey, and France accounts for 64.0% of the total potassium metabisulfite market in the European region. Italy is the fastest growing nation for the demand of potassium metabisulfite in the European region and is followed by France and Turkey. The Wine industry is the fastest growing industry for the demand of potassium metabisulfite. The region is the hub for the large production volumes of wine and beer and also the consumption rate of alcoholic beverages are very high. Another important factor that boosts the demand for potassium metabisulfite is the food regulation imposed by the government and European Food Safety Authority. The food preservatives industry is also growing with a good rate because of the regulations and also the growing demand for frozen food in the region


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Monday, April 6, 2020

The global Polyphenylene Sulfide (PPS) Market Size Is Estimated To Grow From USD 995.1 Million at a CAGR of 9.6%

The report segments the polyphenylene sulfide market by application into automotive, electrical & electronics, filter bags, aerospace, industrial, coatings, and others, and by region into Asia-Pacific, North America, Europe, and RoW.

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The value chain of polyphenylene sulfide market starts with the sourcing of basic raw materials, manufacturing, compounding, and used for various end-use applications. Raw material suppliers are the para-dichlorobenzene and sodium sulfide or sodium hydrogen sulfide manufacturers and suppliers. Various companies, such as DIC Corp., Kureha Corp., Toray Industries, Fortron Industries LLC (joint venture of Kureha Corp. and Celeanse Corp.), Tosoh Corp. manufacture PPS resins. PPS resins should be reinforced by compounding with glass fiber, mineral reinforcements, or any other engineering plastic/polymer, as these are brittle. Companies have integrated facilities for in-house compounding, but there are also a few companies that have only compounding facilities. Development of newer technology shall also be an opportunity for the PPS market. SK. Chemicals has developed a new manufacturing process that is halogen-free and eco-friendly. Initz Co. Ltd, a joint venture between SK Chemicals and Teijin Ltd., uses this patented manufacturing process.

Key Target Audience:
  • Raw material suppliers
  • PPS resin manufacturers
  • PPS compounders
  • Traders, distributors, and PPS suppliers
  • Government and regional agencies and research organizations
  • Investment research firms
On the basis of application:
  • Automotive
  • Electrical & electronics
  • Industrial
  • Filter bags
  • Aerospace
  • Coatings
  • Other applications (sterilizable medical, dental, and laboratory equipment, hair dryer grills, and components)
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Friday, April 3, 2020

Here’s What No One Tells You About Maleic Anhydride Market.

The maleic anhydride market size is projected to reach USD 3.5 billion by 2024 from USD 2.8 billion in 2019, at a CAGR of 4.5%. The growing automotive industry in APAC and high growth in construction and wind energy industries are expected to drive the maleic anhydride market during the forecast period. In addition, the increasing demand for slip additives from emerging economies, such as India and South Korea, is expected to fuel the market across the globe.

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On the basis of application, the maleic anhydride market has been segmented as follows:
  • Agricultural Chemicals
  • Personal Care Products
  • Cleaning Agents

Key Market Players

The key market players profiled in the report include Huntsman International LLC (US), Changzhou Yabang Chemical Co., Ltd. (China), Shanxi Qiaoyou Chemical Co. Ltd. (China), Changzhou Yabang Chemical Co. Ltd. (China), Zibo Qixiang Tengda Chemical (China), Polynt-Reichhold Group (Italy), Nippon Shokubai Co., Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), LANXESS (Germany), Gulf Advanced Chemical Industries Co., Ltd. (GACIC) (Saudi Arabia), Ningbo Jiangning Chemical Co., Ltd. (China), Global Ispat Koksna Industrija d.o.o. Lukavac (GIKIL) (Bosnia & Herzegovina), and MOL Plc (Hungary) among others.



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N-butane-based maleic anhydride to witness the highest growth during the forecast period.

On the basis of raw material, the global maleic anhydride market has been segmented into n-butane- and benzene-based maleic anhydride. N-butane-based maleic anhydride is expected to lead the global maleic anhydride market during the forecast period, followed by benzene-based maleic anhydride. N-butane-based maleic anhydride leads the market due to its low production cost and environmental advantages as compared to benzene.

UPR is projected to be the largest application segment during the forecast period

UPR is expected to lead the global maleic anhydride market during the forecast period, followed by 1,4-BDO and lubricating oil additives. The growth is attributed to an increase in demand for UPR from emerging economies, such as China and India, and its lower price than the other epoxy resins. The growth is also due to the increasing applicability of this resin in various industry verticals, owing to its high-strength fiber-based properties and easy availability. The market growth in developing economies, such as Brazil, South Africa, and Saudi Arabia, is driven by an increase in demand for residential construction and new non-residential buildings. The increasing demand for pipes and tanks for chemical storage is a crucial factor contributing to the rise in demand for UPR, thus fueling the maleic anhydride market in this segment.


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Wednesday, April 1, 2020

Ten Benefits Of Sheet Molding Compound And Bulk Molding Compound Market That May Change Your Perspective.

The report aims at estimating the market size and future growth potential of SMC and BMC market across different segments such as application, fiber types, resin types, and region. The base year considered for the study is 2014 and the market size is forecasted from 2015 to 2020. A shift in the trend from traditional materials such as iron, aluminum, and steel towards the usage of light weight SMC and BMC is witnessed. SMC and BMC offers properties such high strength, corrosion resistance, fire & flame resistance, good electrical insulation and a few others resulting in increased demand of the product. Usage of light weight SMC and BMC in the transportation application is expected to substantially increase the growth of the market during the forecasted period.


Target Audience
  • SMC and BMC manufacturers
  • Resin manufacturers
  • Raw material suppliers
  • Distributors & suppliers
  • Industry associations
By Application:
  • Transportation
  • Electrical & Electronics
  • Construction
  • Others
Increasing demand for lightweight and superior mechanical properties of SMC and BMC will drive the market in transportation application

The major factor driving the SMC and BMC market is the usage of these materials in the transportation application due to its lightweight and good mechanical properties. High demand for fuel-efficient vehicles is also acting as a crucial factor for the growth of the SMC and BMC market. These products offer superior properties including high corrosion resistance, high strength and rigidity, fire & flame resistance, and good electrical insulation.


Transportation application: one of the key segments in the SMC and BMC market

The transportation application will be the fastest-growing segment of the SMC market during the forecast period, whereas electrical & electronics application is expected to propel the growth of the BMC market. SMC finds various applications in the automotive industry, which includes deck-lids, front ends, spoilers, bonnets, and hoods. BMC is also used in automotive parts such as headlight liners, valve covers, and ignition parts. BMC possesses good electrical insulation properties, therefore it is majorly used in the electrical & electronics parts such as motor and anchor insulators, fuses, and switchgear.


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Tuesday, March 31, 2020

All You Need To Know About Coated Steel Market

The coated steel industry is witnessing moderate growth because of demand from end-use industries. Coated steel is largely used in building & construction and appliances industries.

Research Methodology -

It also provides a detailed qualitative and quantitative analysis of the coated steel market. Various secondary sources such as directories, industry journals, and databases have been used to identify and collect information useful for this extensive commercial study of the coated steel market. Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess prospects of the coated steel market.


Target audience:
  • Manufacturers of coated steel, steel, and other raw material manufacturers
  • Converters of coated steel for building & construction, appliances, automotive, and other applications such as furniture and packaging
  • Traders, distributors, and suppliers of coated steel
  • Regional manufacturers’ associations and general coated steel associations
  • Coil coating manufacturers
  • Government and regional agencies and research organizations
On the Basis of Application:
  • Building & Construction
  • Appliances
  • Automotive
  • Others

Key market players in coated steel market -

The key players in this market are ArcelorMittal S.A. (Luxembourg), SSAB AB (Sweden), Salzgitter AG (Germany), OJSC Novolipetsk Steel (NLMK) (Russia), Voestalpine AG (Austria), OJSC Magnitogorsk Iron & Steel Works (MMK) (Russia), ThyssenKrupp AG (Germany), Nippon Steel & Sumitomo Metal Corporation (Japan), United States Steel (U.S.), Essar Steel Ltd. (India), Tata Steel Ltd. (India), Lysvenskii Metallurgicheskii Zavod Zao (Russia), and Jindal Steel & Power Ltd. (India), and others.

Growing demand from end-use industries is driving the demand for coated steel


The growth of the downstream industries is the key driving force for the coated steel market. For example, in the refrigerator market, the sales in the Asia-Pacific region have witnessed a steady growth in the past few years. China and India are the key production hubs of refrigerators due to huge domestic demand and low production costs. The great demand from such end-use industry has driven the market for coated steel. The increasing potential to spend on upgrades for kitchens, roofing, and basic home improvements and additions most of which include steel coated products are driving the coated steel market.

Monday, March 30, 2020

High Purity Alumina Market by Purity Level, by Region, - Global Forecast…

The global high purity alumina (HPA) market was valued at USD 1.73 Billion in 2014, and is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% between 2015 and 2020. The global HPA market has been categorized on the basis of purity level, application, and region. In terms of value, the 4N segment led the global HPA market in 2014. Furthermore, various applications included in the study are LED, semiconductor, phosphor, sapphire, and others. The LED application accounted for the largest share of the global high purity alumina market in 2014. This large share is mainly attributed to the increasing demand of HPA in LEDs for various applications, such as home lighting, televisions, hybrid cars, and electric vehicles. On the basis of region, the high purity alumina market has been classified into Asia-Pacific, North America, Europe, and RoW. Among all regions, Asia-Pacific led the global high purity alumina market in 2014, owing to the increasing demand of HPA in the electronics sector in this region.


♦ Key Market Players -

The high purity alumina market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations. Key players in this market include Altech Chemicals Limited (Australia), Alcoa Inc. (U.S.), Orbite Technologies Inc. (Canada), RUSAL (Russia), and Sumitomo Chemical Co., Ltd. (Japan), among others. The government and research organizations, raw material suppliers and distributors, construction companies, and industry associations are considered as critical stakeholders in this study.
On the basis of Application, the global HPA market has been segmented into:
  • LED
  • Semiconductor
  • Phosphor
  • Sapphire
  • Others
Among types, the 4N segment led the High Purity Alumina (HPA) market

Among types, the 4N segment led the global High Purity Alumina (HPA) in 2014, and accounted for the maximum market share in terms of volume. This segment is projected to grow at the highest CAGR during the forecast period.


The shift from traditional incandescent light bulbs to energy-efficient and sustainable LED lighting systems has helped in increasing the overall demand for LEDs. The growing usage of LED lighting by both developed and emerging countries is projected to drive the demand for LED application segment in the high purity alumina market.


On the basis of purity level, the high purity alumina market is segmented into 4N, 5N, and 6N. 4N high purity alumina serves to be the main source material used in the development of scratch-resistant artificial sapphire glass. They are also utilized in smartphones and portable tablet devices.

Thursday, March 26, 2020

10 Quick Tips Regarding Adhesion Promoter Market.

The global adhesion promoters market has been categorized on the basis of type, application, and region. In terms of value, the silane segment led the global adhesion promoter market in 2015. The market is categorized on the basis of application into plastics & composites, paints & coatings, rubber, adhesives, metals, and others. Innovations in advanced composites and multilayer packaging have increased the demand of adhesion promoter in the plastics & composites application. The adhesion promoter market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, owing to the rising demand of paints & coatings in the automotive and construction sectors. The report on the adhesion promoter market considered 2015 as the base year, and the forecast period from 2016 to 2021.

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Growth in the adhesion promoter market is mainly attributed to the increasing demand of automobiles in the Asia-Pacific region, use of adhesion promoters in composites, application of adhesion promoters in printed circuit boards, and the innovation of silane-based green tires.

Plastics & composites is the largest application segment in the adhesion promoter market
Among all applications, the plastics & composites segment held the largest share in the adhesion promoters market. This application segment is projected to grow at the highest CAGR between 2016 and 2021. This growth is mainly attributed to the increasing demand of adhesion promoters in the automotive, packaging, and wire & cable end-use industries.
On the basis of Application, the adhesion promoter market is segmented into:
  • Plastics & Composites
  • Paints & Coatings
  • Rubber
  • Adhesives
  • Metals
  • Others
Browse 136 market data Tables and 54 Figures spread through 178 Pages and in-depth TOC on “Adhesion Promoter Market“

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Wednesday, March 25, 2020

The Story Of Antifouling Paints And Coatings Market Has Just Gone Viral!

Antifouling Paints and Coatings Market is projected to grow from USD 5.61 Billion in 2015 to USD 9.22 Billion by 2021, at a CAGR of 8.6% between 2016 and 2021. High demand for antifouling paints & coatings from the shipping industry is expected to drive the growth of the market in near future.
♦ Key Market Players -
The global antifouling paints & coatings market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations. Companies operating in the global antifouling paints and coatings market include AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), Nippon Paint Marine Coatings Co., Ltd. (Japan), Jotun (Norway), Hempel A/S (Denmark), and Chugoku Marine Paints, Ltd. (Japan), among others.
Target Audience
  • Antifouling Paints & Coatings Producers
  • Antifouling Paints & Coatings Traders, Suppliers, and Distributors
  • Government and Research Organizations
  • Association and Industrial Bodies
  • Raw Material Suppliers and Distributors
  • Shipping Companies
  • Industry Associations


The objectives of this study are:
  • To define, describe, and forecast the antifouling paints & coatings market based on type, application, and region
  • To analyze and forecast the volume (million liters) and value (USD million) of the global antifouling paints and coatings market
  • To provide detailed information regarding key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution made to the overall market
Shipping vessels was the fastest-growing application segment of the global antifouling paints & coatings market
Shipping vessels segment contributed the largest share to the antifouling paints & coatings market in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be mainly attributed to the increased demand of antifouling paints & coatings, as they provide smoothness and superior polishing effect to hulls and underwater surfaces of shipping vessels.

Tuesday, March 24, 2020

What’s So Trendy About Biodiesel Market That Everyone Went Crazy Over It?

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.


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.


Biodiesel Market, By Application
  • Fuel
  • Power Generation
  • Others(Solvents, Diluent, Coatings, Printing Inks, Adhesives)
  • Automotive (On road vehicles, Off road vehicles)
  • Marine
  • Agriculture
  • Others

Market Dynamics

Drivers

Potential to reduce emissions

Biodiesel is simple to use, biodegradable, and non-toxic in nature and, most importantly, it is free of aromatics, and sulfur compounds. It emits lower greenhouse gases and air pollutants, reduces toxic carbon-based emissions and can be used in most diesel engines. The increasing concern regarding greenhouse gas emissions through the use of fossil fuels is driving the growth of the biodiesel market. Biodiesel reduces emission of greenhouse gases by up to 50% as compared to petroleum diesel; and also has low toxic and carcinogenic aromatic carbon content. The U.S. consumed approximately 2 billion gallons of biodiesel in 2015, which resulted in the reduction of carbon emissions by at least 18.2 million metric tons, according to new U.S. EPA data.


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Monday, March 23, 2020

Antifouling Paints and Coatings Market by Type, Application, Region and Global Forecast...

The report "Antifouling Paints and Coatings Market by Type (Copper-Based, Self-Polishing, Hybrid, Others), Application (Shipping Vessels, Drilling Rigs & Production Platforms, Others), Region (APAC, Europe, North America, MEA, Latin America) - Global Forecast to 2021".


The objectives of this study are: 
  • To define, describe, and forecast the antifouling paints & coatings market based on type, application, and region
  • To analyze and forecast the volume (million liters) and value (USD million) of the global antifouling paints and coatings market
  • To provide detailed information regarding key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution made to the overall market
Shipping vessels was the fastest-growing application segment of the global antifouling paints & coatings market

Shipping vessels segment contributed the largest share to the antifouling paints & coatings market in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be mainly attributed to the increased demand of antifouling paints & coatings, as they provide smoothness and superior polishing effect to hulls and underwater surfaces of shipping vessels.




Copper-based antifouling paints & coatings was the largest segment of the antifouling paints & coatings market



Based on type, the antifouling paints & coatings market has been segmented into copper-based, self-polishing copolymer, hybrid, and others. Copper-based was the largest segment of the market in 2015. Copper-based antifouling paints & coatings are environment friendly, as they ensure foul-free surfaces of shipping vessels. They also help in saving fuel, thereby reducing the emission of greenhouse gases.

Metallized Film Market worth $3.3 billion by 2026

The report   " Metallized Film Market  by Material Type (PP and PET), Metal (Aluminum), End-use Industry (Packaging, Decorative), And R...