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Market overview
Global Polyols Market 2020 is expected to get evaluated colossally at a modest CAGR during the review period of 2021-2030.
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Market highlights
Increasing energy saving efforts are driving the market for rigid foams with high insulation properties particularly in the building and construction industries. Over the prediction timeframe, this is projected to emerge as a major force shaping the global economy.
Due to rapid industrialization and urbanisation in developed countries and numerous infrastructural growth projects around the world, the increasing building & construction industry is expected to drive high demand for polyurethanes for insulation use. Consequently, the demand for polyols is projected to have a favourable effect over the forecast period. In addition, during the forecast era, the automotive industry is also expected to show an increase in demand for the development of polyurethane insulation applications. In addition, increasing demand for consumer electronics is also expected to contribute to the market growth for insulation and coating applications during the forecast period due to rising purchasing power. In addition, main producers have been exploring bio-based polyols in order to minimise dependency on traditional petrochemical polyols, considering increasing environmental issues and raw material price fluctuations. Polyol manufacturers are now involved in forward integration to manufacture polyurethane, thus greatly lowering transportation costs and long-term procurement issues. Consumers are becoming more aware of the commodity advantages that by incorporating into the manufacturing stage, have enabled suppliers to sustain high-quality prices.
The demand for synthetic polyols, however is expected to face significant challenges during the forecast period with the increasing prevalence of bio-based polyols.
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Market Segmentation
The global polyols market is segmented by product form, use, sector of end use and area.
The worldwide demand for polyols is segmented into polyether polyols, polyester polyols, and others on the basis of product form.
Based on the use, the global market for polyols is categorised into flexible foams, rigid foams, CASE and others.
The global demand for polyols is segmented into building, automobiles, furniture, consumer electronics, clothing, and others on the basis of the end-user industry.
Regional Overview
The worldwide demand for polyols is split into five regions: Asia-Pacific, North America, Europe, Latin America, Middle East and Africa.
During the projected era, Asia Pacific is anticipated to be the largest and fastest growing market for polyols. Due to the rising economies of countries such as China and India, growing demand for polyurethane from various end-use industries such as the building & construction, automotive, electronics, and furnishing industries is projected to drive the growth of the global polyols market during the forecast period.
During the forecast period, North America and Europe are predicted to exhibit substantial demand for polyols. A major contributor to the growth of these markets is the high adoption of insulation technology to increase the energy efficiency of the building. In addition, during the projected period, the automobile and electronics sectors are both expected to boost business growth.
Due to the rising construction industry, the Middle East & Africa is projected to exhibit increasing demand for polyols during the forecast period due to ongoing infrastructural projects to prosper the tourism industry.
The Latin American market is estimated to show modest growth during the forecast period, mainly due to the rising construction industry. This can be due to the presence, along with development in the building and manufacturing industries, of different automotive OEMs. The region's automotive manufacturers are becoming increasingly competitive and are adopting polyurethane materials to reduce production costs.
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Competitive Dashboard
The major players operating in the global polyols market are Covestro AG (Germany), Stepan Company (U.S.), Royal Dutch Shell PLC (Netherlands), DowDuPont, Inc. (U.S.), Mitsui Chemicals, Inc. (Japan), China National Bluestar (Group) Co, Ltd. (China), BASF SE (Germany), Vertellus Holdings LLC (U.K), INVISTA B.V. (U.S.), Expanded Polymer Systems Pvt. Ltd. (India), N Shashikant & Co. (India), POLYOLS & POLYMERS PVT.LTD. (India), and Coim Group (Italy).
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Market Synopsis
The global fluoropolymer films market is likely to expand at a significant CAGR during the forecast period (2021-2030) owing to the growing electrical and electronics industry globally, asserts market Research Future (MRFR). Fluoropolymer films are made of complex base materials offering weather resistance, high chemical resistance, optical properties, low coefficient of friction, dielectric properties, and others. Such properties make it suitable for several end-use industries like aerospace, construction, pharmaceutical, electrical & electronics, automotive, and renewable energy.
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Drivers and Growth Factors Impacting the Market
Fluoropolymer is extensively used in fuel tubes for vehicles, wires, and cables, mold release for microphones, semiconductor tube parts, roofing material, solar cells, photovoltaic module, cap liner, and others. With the rapidly increasing electrical and electronic industry worldwide, the global market for fluoropolymer is likely to expand during the forecast period. Increasing demand for personal devices like smartphones, television, smartwatches, wearable devices, and home appliances is predicted to foster the market growth over the assessment period. Moreover, growing investment in commercial and residential construction activities in the developing economies along with improving living standard of the consumers is propelling the market growth over the years.
On the flip side, industry participants have innovated high-cost technologies which comprise complex manufacturing process. Owing to high cost of raw material, the market is expected to lag behind during the forecast period.
Global Fluoropolymer Films Market: Segmental Analysis
The fluoropolymer films market has been segmented on the basis of application, type, and region.
By mode of type, the global fluoropolymer films market has been segmented into ethylene tetrafluoroethylene (ETFE), polychlorotrifluoroethylene (PCTFE), perfluoroalkoxy alkane (PFA), fluorinated ethylene propylene (FEP), polyvinylidene difluoride (PVDF), polytetrafluoroethylene (PTFE), and others. Among these, the PTFE segment holds the highest share in the market and is predicted to maintain its dominance during the assessment period due to their application in electrical and electronics, chemical processing, and other end-user industries.
By mode of application, the market has been segmented into renewable energy, pharmaceuticals, automobile, aerospace, electrical & electronics, packaging & specialty films, construction, and others. Among these, the construction segment holds a significant share and is anticipated to maintain its dominance over the forecast period. Fluorine-based organic polymer films are extensively used in construction applications like anti-graffiti coverings, water-repellent architectural fabrics, protection against extreme corrosion, cracking, fading, and others. The product is high in demand due to its characteristics such as weatherability, flame retardancy, thermal stability, etc.
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Regional Insights
Asia Pacific region accounts for the largest share and is anticipated to showcase a significant growth rate during the assessment period. With the increasing industries in the developing countries like Thailand, India, and China along with growing demand for smartphones, home appliances, and laptops, the market is likely to propel in this region. Moreover, increasing production of automobiles in China is fostering the product demand.
North America is a prominent region owing to the surging demand for miniaturized electronics like wireless speakers, smartphones, and others. Moreover, the reviving automotive industry along with growing production of lightweight and fuel-efficient vehicles are likely to propel the market growth.
Europe is predicted to showcase a significant growth rate owing to the surging demand from end-use industries such as electrical & electronics, construction industry, aerospace, automotive, and others.
Industry News
A nanostructured gate dielectric is the most significant obstacle to expanding the use of organic semiconductors for thin-film transistors. Composed of a fluoropolymer layer followed by a nanolaminate made from two metal oxide materials, the structure serves as gate dielectric and protects the organic semiconductor which was previously vulnerable to damage from the ambient environment, even underwater.
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Competitive Analysis
The major players operating the global market are Polyfon Technology Ltd. (U.K.), Textiles Coated International (U.S.), 3M (U.S.), DUNMORE Corporation (U.S.), DowDuPont (U.S.), Honeywell International Inc (U.S.), Chemours Company (U.S.), Evonik Industries (Germany), Saint-Gobain S.A. (France), J.V. Corporation (India), Guarniflon S.p.A. (Italy), Daikin Industries Ltd. (Japan), CHUKOH CHEMICALS INDUSTRIES LTD. (Japan), ASAHI GLASS CO. LTD. (Japan), NITTO DENKO CORPORATION (Japan), and others.
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Market Synopsis:
Ceramic inks have penetrated across major end-user industries as it provides high definition and detailed looks to natural substances such as wood, concrete, etc. As per the study offered by Market Research Future (MRFR), the global ceramic inks market is assessed to exhibit a moderate CAGR for the forecast period 2021 to 2030. The ink provides features such as glossy finish, high durability, UV resistance, scratch resistance, etc. which is anticipated to lead the growth pattern of the market over the next couple of years.
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Increasing investments in infrastructural projects, in conjunction with rising disposable income, is expected to unleash opportunities of growth for the players of the ceramic inks market in the foreseeable future. Similarly, the growth of the automotive industry is also projected to boost the expansion of the market across the projection period. The packaging industry is also expected to create demand for ceramic ink in the years to come.
Market Segmentation:
Depending on the printing technology, the global ceramic inks market has been bifurcated into digital printing technology and analog printing technology.
The segments of the global ceramic inks market, based on application, are ceramic tiles, automotive glasses, architectural glasses, cosmetics containers, food & beverages containers, and others.
The end-user industry segments of the global ceramic inks market include automotive, packaging industry, building & construction, and others.
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Regional Analysis:
The global ceramic inks market has been segmented into the primary regional segments for an exhaustive geographical study. These segments are Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa (MEA). Asia Pacific held the maximum market share in 2017 and is poised to exhibit the highest CAGR over the review period. Thus, the regional segment is anticipated to retain its prominence at the pole position over the next couple of years. The expansion of the end-user industries such as automotive, packaging, and construction is projected to lead the expansion of the ceramic inks market in the region over the next few years.
North America was assessed to have secured the second spot in the global ceramic inks market in 2017. Rising investments being observed in the revamp of the construction industry in the region is anticipated to drive market growth in the years to come. Also, the revenue growth of the packaging industry is poised to play a significant role in the development of the ceramic inks market in the region.
Europe is an important growth pocket and is projected to benefit from the rising demand across end-user industry verticals such as automotive, packaging, construction, etc. The Middle East & Africa is poised to exhibit rapid growth owing to the increasing investments in infrastructural projects. The Latin America ceramic inks market is expected to grow substantially owing to the presence of a burgeoning construction industry in the region.
Competitive Dashboard:
The share analysis of the global ceramic inks market included in this report studies some of the key players, such as Ferro Corporation (US), Torrecid Group (Spain), Zschimmer & Schwarz (Germany), FRITTA (Spain), Sicer S.p.A (Italy), Colorbbia Italia S.p.A. (Italy), Esmalglass - Itaca Grupo (Spain), Kao Chimigraf (Spain), Sun Chemical (U.S.), and Tecglass (Spain).
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The market players are investing on research & development for increasing applications across different production processes. Growth trajectories strategized by these players include regional expansion, increasing production levels, mergers & acquisitions, collaborations, partnerships, etc. Rising investments in the ceramic inks market is likely to create opportunities for new entrants. Thus, the competitive landscape of the market is expected to remain highly lucrative ovr the next couple of years.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Market Overview
Market reports associated with chemical and materials has been presented by Market Research Future, which states that the global spunbond nonwoven market has recorded a higher CAGR for its growth in the forecast period. The market held a high valuation in the past years and is now projected to increase in the coming years.
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In general, the spunbond nonwoven is produced with the process of extruding a thermoplastic fiber polymer into fine filaments fiber. Such filaments are collected on a conveyor belt in the form of web, which is then bonded to make spunbond nonwoven fabric. The spunbond nonwoven fabrics are known for their excellent burst strengths, porosity, stability to heat and chemicals, tear resistance, and tensile strength. These factors have eventually boosted the global spunbond nonwoven market over the forecast period.
Market Drivers & Trends
The global spunbond nonwoven market is chiefly driven by factors such as rising preference over other fabrics that are low cost and has wide accessibility of binder materials and machines. In recent time, the use of spun bonding is ideal than chemical bonding due to the quality of medium weight nonwovens production. These are permeable, soft, and absorbent in nature, which creates a spell-bounding demand all across the world.
On the other hand, the unique structure of spunbond nonwoven helps the skin to stay dry is expected to drive the global spunbond nonwoven market in medical and hygiene sector. Spunbond nonwoven, having such immense properties, therefore offers exceptional breathability, resistance to fluid penetration, lint-free structure, bacterial impermeability, and is sterilizable, which are broadly useful for manufacturing personal care and hygienic products.
Furthermore, factors such as mounting demand for spunbond nonwoven from various end-use industries such as automotive, construction, agriculture, and others are anticipated to stimulate the global spunbond nonwoven market growth over the assessment period. The significant advantage of using spun bonding technology is that it requires less space as well as is energy-efficient.
The critical developments observed in the market are mainly mergers, expansion, acquisitions, and others. The study gathers the information that in 2017, Mitsui Chemicals announced to produce polypropylene-based spun-bonded nonwoven fabrics at its secondary MHM Company in Thailand from 2018. Moreover, Avgol, one of the leading manufacturers of nonwoven provide solutions for hygiene markets and publicized to start new USD 60 million manufacturing roofs in Dimona, Israel enabling Avgol to offer customers with the most advanced innovations in baby diaper products, adult incontinence, and feminine hygiene. However, on the flip side, factors such as the changing raw material cost and high production cost of finished products such as baby diapers are possible to defy the market growth.
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Market Segmentation
The global spunbond nonwoven market is segmented by the function, method, polymer type, application, and region.
In terms of the function, the global spunbond nonwoven market is bifurcated into disposable and non-disposable.
The global spunbond nonwoven market is segmented by the heating method used into conduction, convection, and radiation.
In terms of the polymer type, the market is segmented into polypropylene, polyester, nylon, polyethylene, polyurethane, and rayons.
In terms of the application, the global spunbond nonwoven market is segmented as medical & personal care, automotive, agriculture, geotextiles, industrial, packaging, and others.
Regional Outlook
The global spunbond nonwoven market is covered across crucial regions, namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia Pacific was the foremost region in the global spunbond nonwoven market due to the factor of high demand from major end-use industries such as personal care products, automotive, agriculture, and construction mainly in countries such as Japan, India, China, and others.
North America was positioned at the second largest region in the global spunbond nonwoven market due to the high demand from the healthcare, automotive, personal care, and hygiene industries.
The European market is anticipated to cultivate based on the high product demand from the manufacturing of various automotive parts and the booming healthcare sector in the region. Latin America is also projected to witness a significant growth owing to the emerging automotive and personal care industries in the region.
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Key Players
Some of the key manufacturers effective in the global spunbond nonwoven market are named as PEGAS NONWOVENS Czech s.r.o. (Luxembourg), DuPont (U.S.), Mitsui Chemicals, Inc. (Japan), Asahi Kasei Corporation (Japan), Schouw & Co. (Denmark), TORAY INDUSTRIES, INC. (U.S.), Mogul Co., Ltd. (Turkey), KURARAY CO., LTD. (Japan), Kolon Industries, Inc. (South Korea), Berry Global Inc. (U.S.), Radici Partecipazioni SpA (Italy), KCWW (U.S.), Avgol Ltd. (Israel), Fitesa S.A. (Brazil), and Sunshine Nonwoven Fabric Co., Ltd. (China).
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Market Scope
MRFR (Market Research Future) confirms that the toluene market was worth USD 26.84 million in 2018. MRFR also expects the market size to soar at a rate of more than 5.8% during the evaluation period (2021 to 2030).
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Market Drivers and Restraints
The strong demand for toluene is the result of its extensive usage in gasoline blends. It acts as an octane booster while maintaining the energy level of the gasoline. Additionally, its low sensitivity properties along with significant octane ratings make it perfect for use as a fuel in complex and heavily loaded engines. Toluene that is the form of benzene-toluene-xylene mixtures is used extensive to blend petrol and is a major by-product of styrene manufacture. Surging consumption of aromatics in the petrochemical sector for developing elastomers, nail paints, synthetic fibers, dyes, and agrochemicals could render the market quite lucrative in the following years.
The toluene market presents several opportunities to the manufacturers, given the surge in disposable incomes and the significant economic growth. Toluene diisocynate (TDI) manufacturing should be the second-leading derivative market, in view of its extensive use in the manufacturing of polyurethanes, which has led to higher applications of toluene in forming toluene diisocyante (TDI). Expanding end-user sectors like cosmetics, explosives, and agrochemicals, particularly in Latin America and Asia Pacific can be another huge opportunity for the global companies. Rising investments in emerging countries will also favor the business growth in the years ahead.
Companies are increasingly focus on technical integration during the value chain, intensifying the competition in the market. Escalating use of the latest technologies like drones, Internet of Things (IOT), robotics, blockchain, artificial intelligence, and cloud computing is transforming several aspects of toluene manufacturing, for the better. These technologies are being adopted by the companies to foster the safety level, boost reliability and efficiency and also facilitate accurate monitoring throughout the supply chain.
Segmental Analysis
The toluene market can be considered for product type, application, and end-use industry.
The product types are gasoline additives, toluene diisocyanate (TDI), benzene and xylene, tri-nitrotoluene (TNT), solvents, and others. Benzene and xylene form the leading segment since these are extensively used as petrol blenders for better quality. The second in the lead is the solvents segment, due to their significant usage in coatings and paints.
The top applications of toluene include foams, paints & coatings, cleaning agents, fuel additives, polymer production, heating oils, and more.
End-use industries covered are building & construction, packing, oil & gas, healthcare, automotive, and others.
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Regional Outlook
The toluene industry will note varying levels of growth rates across a few regions, which are APAC or Asia Pacific, North America, the Middle East & Africa, Latin America, as well as Europe.
The highest gainer has been Asia Pacific, accounting for the biggest share in the global market in 2018. It is presumed that the region will remain the market leader throughout the analysis period, thanks to the rapid growth of the oil & gas sector. Lenient regulations with regard to the use of toluene has favored the regional market as well. Developing countries like China, South Korea, and India, are identified as the most profitable markets in Asia Pacific, considering the surging demand from the infrastructural and industrial sector. Besides, rising manufacturing of paints and coatings in China, which is giving way to set up of new production plants in the country. AkzoNobel recently started with the operations of the world's biggest powder coatings unit in Changzhou, China.
North America is the second biggest market for toluene, largely due to the strong presence of several oil & gas manufacturers in the region. escalating construction activities combined with the thriving automotive sector in the region has raised the need for polyurethane foams as well as paints and coatings, with the former using toluene as a key solvent. As a result, the regional market can expect to expand rapidly in the following years.
Affluent Firms
China National Petroleum Corporation (China), BP p.l.c. (UK), China Petroleum & Chemical Corporation (China), Exxon Mobil Corporation (US), Indian Oil Corporation Ltd (India), Covestro AG (Germany), TOTAL S.A. (France), Royal Dutch Shell plc (The Netherlands), Formosa Chemicals & Fiber Corporation (Taiwan), CPC Corporation (Taiwan), GS Caltex Corporation (South Korea), DuPont de Nemours, Inc (US), BASF SE (Germany), SK innovation co. Ltd (South Korea), are the well-known manufacturers in the global market for toluene.
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The companies are primarily focused on carrying out strategical moves such as new launches, business expansion, acquisition, and agreements to bolster their footprints across the globe.
To illustrate, in February 2021, Lanxess is all set to buy Emerald Kalama Chemical for a total sum of USD 1.1 billion. Emerald Kalama is a world-renowned developer of benzoic acid, using toluene oxidation at its Washington plant and a production unit in Rotterdam, the Netherlands.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Technical ceramics are manufactured with biochemical, thermal, mechanical, and electrical properties keeping in mind the various applications. They are also known as industrial or engineering ceramics. Applications with requirements for corrosion and wear resistance and a long shelf-life prefer technical ceramics. The global technical ceramics market report by Market Research Future (MRFR) comprises market intelligence, product analysis, and applications for the period of 2021 to 2028 (forecast period). The impact of COVID-19 and its analysis are a part of the report.
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Market Scope
The global technical ceramics market is driven by its above average properties than regular ceramics. Properties of low thermal expansion, high stiffness, and nonlinear resistance can drive the market demand significantly. The vast growth witnessed in electrical & electronics, automotive, and pharmaceuticals industries can fuel the market growth over the forecast period. This is further aided by the huge demand for consumer electronic devices in China and India.
The high performance of ceramic matrix composites in comparison to nickel super alloys in the aerospace sector is evidence of the large potential for the global technical ceramics market. The move by manufacturers in cutting down raw material costs and entering the entire production chain can bode well for the market.
But high production costs can pose a challenge to the market growth.
Segmentation
The global technical ceramics market is segmented by product type, material, and end-user.
On the basis of product type, the market is segregated into ceramic coatings, monolithic ceramics, ceramic matrix composites, and others. Ceramic matrix composites (CMC) are expected to lead in the market owing to its application in automotive and electronics industries. Developments in CMCs and its intended use in turbine blades as well as its ability to handle temperatures close to 260 degrees.
By material, it is segmented into oxide and non-oxide.
End users of the market are military & defense, electronics & semiconductor, energy & power, automotive, pharmaceuticals, and others.
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Regional Analysis
The global technical ceramics market covers five major regions, namely Asia Pacific (APAC), Europe, Latin America, North America, and the Middle East & Africa (MEA).
Among the regions, APAC held a major market share in 2016. It is expected to be the fastest growing region due to the increasing population and the rise in per capita disposable income levels in developing nations. In addition, the increasing demand for technical ceramics in automobile and electronic industries in countries of Japan, China, and India are propelling the market growth. Manufacturing costs and supportive government policies can foster market growth in the region. In addition, the increasing defense expenditure coupled with increasing applications of technical ceramics in modern armor can spur the global technical ceramics market growth.
North America is expected to exhibit an expanding CAGR over the forecast period. Presence of three big automotive companies of Fiat Chrysler, General Motors, and Ford can augment the overall demand for technical ceramics in the automobile industry. Furthermore, developed end user industries such as electrical, electronics, and pharmaceuticals and the increasing adoption rate of engineering ceramics are other factors fueling the growth of the market. The U.S. and Canada are major countries attributing to the growth of the market.
Europe is a lucrative market and is mainly driven by the need for lightweight materials. Stringent regulations pertaining to the use of toxic chemicals and effects of mining on the environment can induce the need for technical ceramics.
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Competitive Outlook
Rauschert Steinbach GmbH, Morgan Advanced Materials, 3M Company, Kyocera Corporation, Saint-Gobain Ceramic Materials, McDanel Advanced Ceramic Technologies, Superior Technical Ceramics, CeramTec GmbH, Dyson Technical Ceramics Limited, NGK Spark Plug Co., Ltd., and others are key players of the global technical ceramics market.
Richardson RFPD, an American electronic component distributor, has signed an agreement with AVX RF Solutions. The agreement includes the production of capacitors, inductors, fillers, antennas, and couplers.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Overview:
Polyglycerols can be described as a formation of glycerol ethers where glycerol molecules get condensed. These are soluble in alcohol, water, and glycerol and are generally produced by getting several types of glycerol mixed. The procedure requires the input of a alkaline metal-based catalyst like sodium or potassium hydroxide. Polyglycerols find remarkable application in diverse markets like antifogging agents, solubilizers, thickeners, inert ingredients, additives, and spreading agents.
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Market Research Future (MRFR) in a recently published report on the same revealed that the application of polyglycerols in industries like food & beverage to improve texture, color, flavor, and shelf life is becoming wide-scale, which can impact the global growth rate of the polyglycerols. It can be used in margarine, salad dressings, chocolate, peanut butter, frozen desserts, and others. Growing population, across the world, has also triggered a substantial growth in several regions. Countries like India, Brazil, Indonesia are playing notable roles in triggering further growth in the coming years. Economic growth in these regions are also coming in front as major tailwinds. In addition, climate control projects have triggered measures in various sectors that are easing the inclusion process of polyglycerol. But the volatile raw material price can emerge as a major restraining factor. However, this can be curbed by significant initiatives taken by major market players in pervading industries.
Regional Analysis:
The Asia-Pacific region has the potential to take the Polyglycerol Market to a great height. It had the largest market share in 2018 and it was spurred by a high demand from several industries like personal care & cosmetics, food & beverage, and pharmaceuticals. The regional market is to gain from emerging economies, better disposable income, improving living standards, and others. The percolation of major global cosmetics brand can significantly improve the market scenario in the coming years. The setup it has can easily make the market the fastest growing one as well.
The markets in Europe and North America are expected to gain significant growth factors that can take these markets forward. Major industries like food & beverage, pharmaceutical, personal care, and automotive industry are playing crucial roles in diversifying better market strategies. Stringent regulations regarding carbon emissions from automotive are also expected to significantly change the market growth pattern.
In Latin America, industrialization and urbanization are finding a significant growth, which can also ensure better growth opportunities,
Segmentation:
The global market for polyglycerol market can be segmented by product type and end-use industry. This segmentation has been done by expert analysts of MRFR who have introduced several tested methods to fetch in various figures to substantiate the market growth in the coming years.
By product type, the global market for polyglycerol comprises PG 2, PG 3, PG 4, PG 6, and PG 10. These segments are getting enough traction for their specific use and that is providing thrust to the market as a whole.
By end-use industry, the global market for polyglycerol can be segmented into food & beverage, pharmaceuticals, personal care & cosmetics, plastics, automotive, oil & gas, and others.
Competitive Landscape:
Prominent players are taking part in the polyglycerol market quite actively. This can be witnessed in their implementation of strategic moves that can be taken into consideration to analyze their individual growth and the growth of the market on a holistic scale. These players are Procter & Gamble (US), Solvay (Belgium), Unilever (England), Dow (US), Lonza (Switzerland), Godrej Industries Limited (India), THE HERSHEY COMPANY (US), Stepan Company (US), Cargill, Incorporated (US), The Good Scents Company (US), Sakamoto Yakuhin Kogyo Co., Ltd. (Japan), and Spiga Nord S.p.A. (Italy).
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Transportation sector can make a great impact on the polyglycerol industry. This is due to its ability to curb carbon emission. On the other hand, carbon frame bikes are using polyglycerol, which can widen the segmental percolation for the polyglycerol industry.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Ethanolamines are organic compounds produced as a result of the synthesis of ethylene oxide and ammonia. It serves as raw material for the manufacture of various solvents and formulations. The global ethanolamines market report by Market Research Future (MRFR) has been compiled keeping in mind the impact of the COVID-19 pandemic on the production and value chain. It contains drivers, restraints, opportunities, and threats for the period of 2021 to 2030 (forecast period).
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Market Scope
The global ethanolamines market is driven by the demand in surfactants and agrochemicals. Applications in metal cleaning, detergents, chemical intermediates, and herbicides can fuel the market demand significantly. The economic growth in developing regions and changing living standards of consumers can drive the market demand. The uptick in the production of fragrances, polishes, and textiles can work in favor of the market.
Segmentation
The global ethanolamines market is segmented by product and application.
By product, it is segmented into monoethanolamine, diethanolamines, and triethanolamines. Triethanolamines can hold a major market share till the end of the forecast period owing to its utilization in sunscreens, detergents, shaving products, hair care products, and others. But diethanolamines can surpass its counterpart over the assessment period.
Major applications comprise textiles, detergents, cement, chemical intermediates, herbicides, metal cleaning, gas treatment, personal care, and others. Detergents are predicted to contribute majorly to the global ethanolamines market due to its application in emulsifying agents and anti-static agents. The purpose of cleaning facilities due to stringent regulations regarding work safety and production norms amid the outbreak of the COVID-19 pandemic can drive the need for ethanolamines.
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Regional Analysis
Geographically, the market covers trends and opportunities across regions of Asia Pacific (APAC), North America, Europe, Latin America, and the Middle East & Africa (MEA).
APAC holds the lion’s share of the market due to growing demand for diethanolamines in metal cleaning, detergents, chemical intermediates, herbicides, and others. The surge in disposable income levels of consumers coupled with rapid urbanization can propel the market growth. Countries such as China, Japan, and India are the major players in this market.
North America is likely to showcase exemplary growth in regards to the global ethanolamines market due to high standards of living and consumption of personal care products. Investments in end-use industries are likely to drive the market in the region during the forecast period. The U.S., Canada, and Mexico are predicted to spur the demand in the market due to their flexibility, stability, and durability.
Europe can witness a drop in demand due to the restrictions on diethanolamines by the European Union for the manufacture of cosmetics. Alternative methods for the use of these chemicals can lead to new growth avenues for the global ethanolamines market.
Latin America is estimated to witness significant growth in the market due to the use of agrochemicals in the agriculture sector. The utilization of emulsifying agents and the growing use in herbicides and gas treatment can fuel the ethanolamines demand. Moreover, the MEA region can witness a slow growth in the market due to volatile prices of raw materials.
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Competitive Outlook
Akzo Nobel N.V., SABIC, Jiaxing Jinyan Chemical Co. Ltd., The Dow Chemical Corporation, BASF SE, LyondellBasell Industries Holdings B.V., China Petroleum & Chemical Corporation, INEOS, Sintez OKA Group of Companies, Huntsman Corporation LLC, and others are key players of the global ethanolamines market.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Market Overview
Market Research Future (MRFR) studied the global bio-emulsion polymers market 2020 along the review period till 2027. As per MRFR study, the bio-emulsion polymers market is expected to hold high potential to earn decent revenue for the market and surge at high pace through the forecast tenure between 2020 and 2027.
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The increasing demand for high-performance and durable biopolymers is expected to support the bio-based emulsion polymers market expansion in the study period. The growing application and production of bio-based polymers, such as; acrylonitrile, vinyl acetate, and styrene-butadiene (SB) latex, is expected to fuel the market rise. The inclination towards emulsion polymerization of these polymers is expected to benefit the market in the study tenure. Moreover, volatile price of petrochemical feedstock and the abundance of biomass available are other causes that are expected to add to the bio-emulsion market surge.
Segmental Analysis
The segment study of the global bio-emulsion polymers market is done by application and material composition. The material composition-based segments of the bio-emulsion polymer market are ethylene vinyl acetate, polyacrylic acid, polyamide, acrylonitrile butadiene styrene, polybutylene, polymethyl methacrylate, and polybutylene terephthalate. The application-based segments of the bio-emulsion polymer market are textiles, paints & coatings, paper, and adhesives among others.
The paints & coatings segment is expected to earn the highest revenue for the bio-emulsion polymer market. The increasing consumption of natural based emulsion polymers that offer advantages, such as; excellent superior performance, life & recyclability, and ease of application, can support expansion of the market in the near future. The high impart of water and thermal resistance of bio-emulsion polymers, along with the high degree of bio-compatibility applied to the final product, can support the market expansion in the study period. MRFR study states that the adhesives sub-segment is set to thrive at a significant rate due to growing demand of bio-emulsion polymer in toys and furniture production. Moreover, the emission of volatile organic compounds and hike in volatile crude oil cost have forced investors and manufacturers to shift their focus from conventional emulsion polymers to natural materials that are observed to act as efficient binders in coating and paper sectors. The improved mechanical properties of natural materials and surge in consumer awareness among end-users can also drive the market over the assessment tenure.
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Regional Analysis
In North America, the bio-emulsion polymer market is expected to expand at high pace due to the increasing demand for bio-based products in textiles, paper, and packaging industries among others. The surge in research & development activities of emulsion polymers and high production base of acrylonitrile-butadiene-styrene and ethyl vinyl acetate bio-based materials can prompt the market in the study period. The US is most likely to witness a higher growth pace through the assessment period over other countries, Canada, and Mexico, due to the presence of top-notch market players in the region.
In Asia Pacific, the rapid rise of the bio-based emulsion polymer is expected to earn considerable market share of the world market. The increasing significance of the bio-emulsion due to rapid urbanization and growing popularity of products are bringing in high investment for the end-use industries that can favor the market in the years to come. The rising consumption of bio-based materials in packaging, textiles, and paper board sectors in India, China, and Japan among other APAC regions can contribute to the stunning rise of APAC bio-emulsion polymer market.
Europe bio-emulsion polymer market is expected to garner high turnover due to increasing demand for bio-emulsion polymer due to their benefits of better stability and low maintenance. Regulatory bodies in EU, such as REACH (Regulation for Registration, Evaluation, Authorization and Restriction of Chemicals) and EPA (Environmental Agency) have released guidelines to follow ecofriendly products over petroleum derived materials among end-uses that is expected to contribute to the market growth.
In Latin American, the bio-emulsion polymer market is expected to exhibit moderate rise due to decline in production cost and rise in technological standardization in the region, states MRFR’s regional progress study.
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Key Players
Cytec Industries Inc (U.S.), BASF SE (Germany), Clariant (Switzerland), Arkema S.A.(France), DIC CORPORATION (Japan), The Lubrizol Corporation (U.S.), Nuplex Industries Ltd (Australia), The Dow Chemical Company (U.S.), Trinseo (U.S.), and OMNOVA Solutions Inc (U.S.) among others are some reputed companies that are operating in global bio-emulsion polymers market that are listed by MRFR to gain insights into to the competitive scope of the market.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Market Synopsis
As per the assessment conducted by Market Research Future (MRFR), the global pipe coatings market is expected to acquire a market value of more than USD 15,968.4 million by 2030.
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The pipe coating market is anticipated to be majorly driven by the growing demand for a higher shelf life of products and increasing initiatives to expedite water & wastewater treatment facilities during the forecast period. The surging demand for sewage treatment is projected to be another salient cause that can underpin the market expansion in the assessment timeframe. In addition, the rapid urbanization in developing countries is expected to offer lucrative opportunities for the pipe coating industry. Also, various benefits of pipe coating such as; decreased cost of energy and prevention of corrosion are other salient causes projected to enhance the demand for pipe coating, thereby augmenting the market.
Market Segmentation
The segmental analysis of the global pipe coating industry is done by surface type, product form, and end-use.
The surface type-based segments of the global market for pipe coating are internal and external.
The product-based segments of the global market for pipe coating are fusion bonded epoxy, metallic coatings, concrete coatings, and thermoplastic polymer coatings. The thermoplastic polymer coatings segment is further sub-segmented into polyethylene (P.E.), polytetrafluoroethylene (PTFE), polypropylene (P.P.), and polyurethane (P.U.).
The form-based segments of the global market for pipe coating are liquid and powder.
The end-use based segments of the global market for pipe coating are water & water treatment, marine, oil & gas industry, chemical processing, and others.
Regional Analysis
Based on the region, the global pipe coating market demand is segmented into Asia-Pacific, Europe, North America, and Middle East & Africa.
As per the analysis by MRFR, APAC is estimated to expand at a CAGR of 5.13% by 2030. The growing demand for energy in the region is expected to be a critical factor that can propel the market during the forecast period. The increasing expenditure of emerging nations to develop a new pipeline for water and water treatment is anticipated to underpin the market expansion in the assessment period. Besides, the oil & gas sector is predicted to play a salient role in augmenting the regional market. In addition, China and India are likely to thrive at a CAGR of 6% and 5.5%, respectively. The rapid expansion of industries in evolving nations is expected to grow the demand for pipe coating that can significantly boost the market growth.
Europe is anticipated to grow significantly by acquiring a notable market share during the forecast period due to the expansion of the oil & gas industry, which is expected to enhance the demand for pipe coating. The region is likely to expand at a CAGR of 4.10% during the assessment period. The participation of Germany and Russia is expected to provide a thrust to the expansion of the industry in the region.
North America is expected to procure a significant market value with a stable CAGR during the forecast period. The U.S. is anticipated to make the most notable participation to grow the regional market in the coming period.
MEA is likely to acquire a small market share during the forecast period due to the lack of awareness and poor economies.
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Key Players
Some of the eminent players of the global market for pipe coating are Arkema S.A., AkzoNobel N.V, 3M, Axalta Coating Systems Ltd, The Sherwin-Williams Company, Specialty Polymer Coating Inc, BASF SE, DowDupont Inc, PPG Industries, Inc, LyondellBasell Industries Holdings B.V, Shawcor, Wasco Energy, The Bayou Companies, LLC, and Tenaris
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com