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Green Coatings market

The Global Green Coatings market was $ 9,648.55 million in 2017 and is estimated grow with CAGR of 8.12% till 2023. Green Coatings are majorly used in architectural segment with water-based formulation so as to reduce environmental footprint. The emerging trend that have a direct impact on the dynamics of green coatings industry is the increasing use of UV coatings along with high solids formulation which has increased its usage over aerospace sectors.

Asia-Pacific will remain as the fastest growing market during the forecast period due to its immense opportunities in both architecture and automotive sectors with Europe being the most mature and largest markets owing to its strict rules and regulations laid down by various environmental protection bodies.

UV coatings are the highly priced green coatings in the market till date costing more than $18000/ ton. Since this type of coatings is quite recently developed the pricing of this type of coatings will not degrade when compared to others. On the other hand water borne coatings is the most used formulation out of all these formulations and is minimum in price and the price will decrease in future due to enough production and easy hassle free manufacturing of raw materials.

What is Green Coatings?

Green coatings are nothing but normal day to day coatings that have low VOC content which have less environment footprint. The importance of developing sustainable products remains as one of the major concern for coatings as well as paints manufacturers. From OEM equipment manufacturers to DIY consumers, low VOC coatings are preferred all over. Due to the stringent laws and regulations coatings manufacturers have recognized the importance to deliver low and zero VOC products. Manufacturers are working even harder to develop high performance low VOC coatings that have specific application and are durable enough for extreme conditions. In February 2003, in response to the organizations like Leadership in Energy and Environmental Design (LEED) and Energy Star the first restriction on VOC emission was introduced which was termed as Restriction of Hazardous Substances Directive (RoHS) and was set up for Europe. Since then coatings manufacturers have been working tirelessly to produce more and more green coatings adhering to all laws and regulations.

What are the major applications of Green Coatings?

The applications which are taken into account are architectural, industrial, automotive, and aerospace and others which are based on the importance and usage of green and low VOC coatings

Market Research and Market Trends of Green Coatings

Rise in architectural sector in developing countries such as China, Japan and so on have also made the market strong enough in Asia-Pacific.

The world population is set to reach 8.5 billion by 2030, according to UN reports which means there will be tremendous growth in architectural sector in developed as well as developing nations have made the market of low VOC as well as green coatings mature enough comparatively at a short time span.

The use of conventional solvent coatings have reduced significantly in architectural sectors due to its ill effects on environment as well as human beings

The market of coatings as a whole is mature enough and has simultaneously led the market of green coatings to grow.

The global coatings market is more than $100 bn. Such a mature market always provides an advantage to substitutes when the conventional one is limited due to any reasons such as laws and regulations in this case.

Who are the Major Players in Green Coatings Market?

The companies referred in the market research report include Jotun, Axalta, Valsapar, PPG Industries Inc., and others

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2024.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and r

#Green Coatings market

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Green Coatings market

What is Green Coatings?

What are the major applications of Green Coatings?

The applications which are taken into account are architectural, industrial, automotive, and aerospace and others which are based on the importance and usage of green and low VOC coatings

Market Research and Market Trends of Green Coatings

Rise in architectural sector in developing countries such as China, Japan and so on have also made the market strong enough in Asia-Pacific.

The use of conventional solvent coatings have reduced significantly in architectural sectors due to its ill effects on environment as well as human beings

The market of coatings as a whole is mature enough and has simultaneously led the market of green coatings to grow.

Who are the Major Players in Green Coatings Market?

The companies referred in the market research report include Jotun, Axalta, Valsapar, PPG Industries Inc., and others

What is our report scope?

Key Takeaways from this Report

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and r

#Green Coatings market

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marketingindustrypr · 2 years

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Green Coatings market

What is Green Coatings?

What are the major applications of Green Coatings?

The applications which are taken into account are architectural, industrial, automotive, and aerospace and others which are based on the importance and usage of green and low VOC coatings

Market Research and Market Trends of Green Coatings

Rise in architectural sector in developing countries such as China, Japan and so on have also made the market strong enough in Asia-Pacific.

The use of conventional solvent coatings have reduced significantly in architectural sectors due to its ill effects on environment as well as human beings

The market of coatings as a whole is mature enough and has simultaneously led the market of green coatings to grow.

Who are the Major Players in Green Coatings Market?

The companies referred in the market research report include Jotun, Axalta, Valsapar, PPG Industries Inc., and others

What is our report scope?

Key Takeaways from this Report

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and r

#Green Coatings market

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marketingindustrypr · 2 years

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nitrogenous fertilizer market

The

nitrogenous fertilizer market

can be bifurcated on the basis of its ingredients that include nitrate, ammonium, urea, amine and others. Urea-based nitrogenous fertilizers have been the most dominant product segment in terms of consumption. Globally, Technological Advancement, Rising demand for automobile industry the developing nations are the prime growth drivers of global Nitrogenous Fertilizer market. In addition, emerging economies such as China, India and others, will create new opportunities for global Nitrogenous Fertilizer market. However, higher cost of the research and development, and Due to environmental concerns along with heavy duties on the nitrogenous fertilizers are the key restraints for global nitrogenous fertilizer market.

Asia Pacific has been dominating the global nitrogenous fertilizer market and this trend is expected to continue in the near future. Rice production is expected to dominate the demand for nitrogenous fertilizers in Asia Pacific. North America is the second largest consumer of nitrogenous fertilizers. The U.S. dominates the nitrogenous fertilizer market in North America. In Europe, the demand for nitrogenous fertilizers is driven by the growing demand for ammonium nitrate. Demand for nitrogenous fertilizer in North America and Europe is anticipated to grow at a sluggish rate primarily owing to market saturation. RoW is expected to be the fastest growing region in the near future.

This report identifies the nitrogenous fertilizer market size in for the year 2016-2021, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Nitrogenous Fertilizer market.

This report segments global nitrogenous fertilizer market on the basis of crops, applications, and regional market as follows:

This report is segmented into major crops such as, Cereals and Grains, Oil Seeds, Fruits and Vegetables, and Others

This is report has been further segmented into major regions, which includes detailed analysis of each region such as North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets for Nitrogenous Fertilizer in each of the region.

This report identifies all the major companies operating in the global Nitrogenous Fertilizer market. Some of the major companies’ profiles in detail are as follows:

Yara International ASA

Coromandel International Ltd

CF Industries Holdings Inc

Potash Corp. of Saskatchewan

Eurochem Atomax Chemicals Co., Ltd

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Benzalkonium chloride

is an organic salt called as quaternary ammonium compound. They are a mixture of alkylbenzyldimethylammonium chlorides, in which the alkyl group has various even-numbered alkyl chain lengths. With its variety of functionalities, these compounds have several applications. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The analysis is provided for the global market including developments and competitive landscape analysis. The report provides value and volume demand for benzalkonium chloride from the perspective of different applications, industries and regions.

Benzalkonium chloride market

is categorized based on function, application and end-users. It has three main functions of usage, namely: Biocides, cationic surfactants and phase transfer agents. The report provides detailed analysis on various applications of Benzalkonium chloride which includes: Water treatment, timber protection, preservation, pest control, detergent-sanitization, emulsifying agents and others. With its applications spread across industries, these chemicals are employed in verticals such as: chemical industry, cosmetics and personal care, leather industry, oil and gas, pharmaceuticals, food and beverages, polymer and coatings, pulp and paper industry, textile industry, wood industry and others.

Sample Companies Profiled in this Report are:

Dishman Group (India)

FeF Chemicals (Denmark)

ATTS Chemicals (U.S.).

10+.

Regional and country specific trends and market dynamics are also covered in the report. The market has been segmented into four regions: North America, Europe, Asia-pacific and Rest of the World. North America occupies the largest market share followed by Europe. APAC is anticipated to be the fastest growing market with rapid industrialization.

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Agricultural Films

Agricultural Films Market Overview

Agricultural Films Market size is forecast to reach

$15 billion by 2025

, after growing at a

CAGR of 6% during 2020-2025.

Films/sheets used in agriculture for protecting crops and increasing its productivity are referred to as agricultural films. The growing uses of modern farming technology to enhance the yield of crops, increasing populations coupled with food demand, and surging demand for biodegradable and soil degradable films augmented the growth of agricultural films market. Agricultural film protects the crop from weeds and pests. Moreover, increasing environmental concerns and government restrictions on the use of chemical-based pesticides and weedicides is driving the growth of agricultural films market. For instance, the European Union (EU) has banned the sales of chlorpyrifos after January 31, 2020, this may augment the need for agriculture films for protecting crops without harming the environment.

Agricultural Films Market Report Coverage

The report: “

Agricultural Films Market – Forecast (2020-2025)

”, by IndustryARC, covers an in-depth analysis of the following segments of the Agricultural Films Industry.

By Material:

Ethylene Vinyl Acetate (EVA)

, Linear Low-Density Polyethylene (LLDPE),

Low Density Polyethylene (LDPE)

, High Density Polyethylene (HDPE), and Others

By Type:

Greenhouse Films (Walk-in Tunnel, Low Tunnels, and Others), Mulch Films (Clear or Transparent, Colored, and Others), Silage Films (Stretch Wrap, Silo Bag, and Others), Geomembrane, and Others

By Application:

Flоwеr Сrорѕ, Fіеld Crорѕ, Fоrеѕtrу, Fruits & Vegetables, Grains, and Other

By Geography:

North America, South America, Europe, APAC, and RoW

Key Takeaways

Growth in the commercial farming in developing economies such as China and India is the major factor driving the growth of agricultural films market.

Adoption of biodegradable agricultural films for protection of crops from birds, rodents, weeds and pests without degrading the environment is boosting the growth market.

COVID19 has shuttered the manufacturing units and disrupted the supply chain further hampering the growth of agricultural films market.

Agricultural Films Market Segment Analysis - By Material

Linear Low-Density Polyethylene (LLDPE) segment hold the largest share of more than 30% in the agricultural films market in 2019.

Linear low-density polyethylene is preferred over LDPE. LLDPE has more resistance to chemical and tensile strength which is better for crop production. LLDPE is a substantially linear polymer (polyethylene), with significant numbers of short branches, commonly made by copolymerization of ethylene with longer-chain of olefins. Low thickness of LLDPE films allow sunlight to reach crops which in turn boosts the growth of plant. Properties such as flexibility, good moisture barrier, and resistance to ultraviolet radiations also accelerates the use of linear low-density polyethylene in agricultural films.

Agricultural Films Market Segment Analysis - By Type

Based on the type, greenhouse film segment holds the largest share of more than 30% in the agricultural films market in 2019. Greenhouse film help fruits, and vegetables to ripen faster which in turn allows farmer to harvest several crops in a year. United Nations Food and Agriculture Organization (FAO) estimated that the demand for food will grow by 60% by 2050. Limited agricultural landmass coupled with huge demand for food has augmented the use of greenhouse films. Greenhouse films maintain uniform temperature which increases the efficiency of crops. In addition of protecting crops from wind, rain and frost, greenhouse film also reduces water consumption by lowering evaporation rate. Outbreak of coronavirus proved to a major challenge for agricultural films market. Lack of manpower has led many manufacturing companies to stop their production which further results in their downfall. According to the World Trade Organization global trade will fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world. Due to the disruption of supply chain, farmers are facing problems in exporting their fruits or vegetables. Huge losses to farmers decreased the use of agricultural films.

Agricultural Films Market Segment Analysis - By Application

Fruits & vegetables segment held the largest share of more than 30% in the agriculture films market in 2019.

This can be attributed to the ease of application owing to the perennial nature of crops. Agricultural film protects the crop from the proliferation of weeds, preventing weeds from hindering the development of the plants. In addition of maintaining uniform temperature and humidity, agricultural films also prevent erosion of soil. Agricultural films also prevent contact between fruit & soil and improve the product quality. According to the horticulture statistics division in the department of agriculture, government of India, the area under horticulture grew by 2.6% per annum and annual production increased by 4.8% during 2017-18. The production of vegetables increased from 101.2 million tons to 184.40 million tons since 2004-05 to 2017-18 and production of fruits has increased from 50.9 million tons to 97.35 million tons since 2004-05 to 2017-18. The volumetric growth of horticulture crops in the decade further drive the growth of agricultural films during the forecast period.

Agricultural Films Market Segment Analysis - By Geography

Asia Pacific has dominated the agricultural films market with a share of 45% in 2019 followed by North America and Europe. Countries in APAC are witnessing the increasing population, especially in China and India, resulted in the increasing demand for food, which leads to an increased usage of mulch films in crop production. According to the Indian governmental report, total consumption of the food and beverage segment domestically is expected to reach $1.142 Tn by 2025, subsequently aiding the demand for agricultural films. The government is also taking necessary steps to improve the productivity of crops. In January 2020, in China, the government’s National Development and Reform Commission stated that China wants to promote non-plastic products, including biodegradable mulch film, in the agriculture sector. Additionally, in India, the government estimated the quantity production for pulses for the coming years, which significantly raises the demand for agricultural films.

According to Seed Division, 3,975,165 quintal pulses are to be farmed during 2020-2021, with an increment of 308,947 quintals compared to the year 2019-2020.

These factors further drive the growth of the agricultural films market in the region.

Agricultural Films Market Drivers

Government restrictions and harmful effect of chemical-based pesticides

Chemical pesticides or weedicides may cause metabolic syndrome, malnutrition, atherosclerosis, inflammation, anxiety, loss of memory, weakness, cancer or kidney failure. Increasing health concerns and government restrictions have restrained the use of chemical pesticides. Government ban on chemicals has impelled farmers to use agriculture films to get rid of insects, rodents, and birds. For instance, on 20th May 2020 Pesticide Area Network (PAN) has approved the Indian government proposal to ban 27 pesticides including 2,4-D, acephate, atrazine, and benfuracarb, butachlor, citing its harmful effects on human health and the environment. Also, in August 2018, the U.S. Ninth Circuit Court of Appeals has ordered the Environmental Protection Agency (EPA) to ban chlorpyrifos. Thus, strict government actions to minimize the use of pesticides for increasing crop productivity further aid the growth of agricultural films market.

Growing food demand and rising popularity of biodegradable films

According to the United Nations Organization (UNO), world population is projected to reach 8.5 billion by 2030. Increase in population has urged the farmers to use agricultural films for higher crop yield without degrading the environment. Silage films protect fermented high-moisture fodder that can be fed to livestock. According to UNO, between 2010 and 2050 production of

animal proteins is expected to grow by around 1.7% per year, with meat production projected to rise by nearly 70%, aquaculture by 90% and dairy by 55%

. Thus, increase in demand of milk and meat boost the demand for fodder which in turn augmented the growth of agricultural films market. Furthermore, surging demand for biodegradable agriculture films also propel the market growth. Biodegradable plastic mulches offer an environmentally sustainable alternative to conventional polyethylene (PE) mulch. Unlike PE films, which need to be removed after use, biodegradable films can be left in the soil and ploughed under. These benefits of biodegradable films augment the growth of the market.

Agricultural Films Market Challenges

Degradability and durability of polyethylene films

Although agricultural films are gaining huge popularity in increasing the agricultural output but degradability of agricultural films possess major challenge. Polyethylene do not decompose and remain on landfill for years. Government regulations on the production and sale of polyethylene further hamper the growth of polyethylene-based agriculture films. For instance, in February 2019, European Parliament members voted as 571-53 in favor of the ban of single-use polyethylene. Furthermore, high cost of installation and short lifespan of greenhouse films also hampers the growth of agricultural films market. Decline in agricultural landmass due to rapid urbanization also impact the market growth. According to China’s Ministry of Natural Resources country’s arable land declined by 60,900 hectares and fell to 134.86 million hectares in 2017, lowering the demand for agricultural films.

Agricultural Films Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the agricultural films market report. In 2019, the market of agricultural films has been consolidated by the top 10 companies accounting for xx% of the share. Major players in the agricultural films market are BASF SE, Berry Global, Inc., Dow Chemical Company, Ab Rani Plast Oy, Trioplast Industrier AB, Coveris, Armando Alvarez Group, Kuraray Co., Ltd, Achilles Corporation, RKW Group, among others.

Acquisitions/Technology Launches

In March 2019, RKW Group expanded its new multilayer extrusion plant at the Site in Hoogstraten/Belgium. The new e7 technology line enables the efficient production of various films for applications in agriculture and horticulture.

In June 2016, Raven Industries launched a new 2-step oxygen barrier silage cover by utilizing SealFresh and Dura-Skrim for the agricultural market. SealFresh prevents oxygen from reaching the feed while preserving valuable nutrients while Dura-Skrim block UV rays and provide long-term durability.

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Alkyl Polyglucosides Market

Alkyl Polyglucosides Market Overview

Alkyl polyglucosides market size is forecast to

reach around $911.10 million by 2026, after growing at a CAGR of 5.2% during 2021-2026.

Alkyl Polyglucosides (APG) are a range of non-ionic surfactants derived from renewable raw materials like vegetable oils and starch and is used as active ingredients in

personal care

products,

cosmetic

, household, and industrial applications. APG is also called as a green surfactant owing to its less toxic nature than synthetic surfactants. APG offers excellent interfacial activity, emulsified ability, and foaming performance properties, which further drive the growth of alkyl polyglucosides market. Furthermore, the high demand for environment-friendly product usage from end-use industries is expected to drive market growth. However, growing demand for cosmetic and personal care products coupled with growing population, and improving living standards further propels the growth of the alkyl polyglucosides market.

Report Coverage

The report:

“Global Alkyl Polyglucosides Market – Forecast (2021-2026)”,

by Industry ARC, covers an in-depth analysis of the following segments of the Global Alkyl Polyglucosides Industry.

By Raw Material:

Fatty Alcohol (Natural Sources (Coconut Oil, Palm Oil, and Others) and Petrochemical Sources), Glucose (Corn, Sugarcane, Potato, and Others), and Others.

By Application:

Cosmetics and Personal Care (Shampoo, Shower & bath preparation, Facial cleanser, and others), Homecare (Laundry detergents, Dishwashing detergents, and Others), Industrial & Institutional Applications (Industrial cleaner, Hard surface cleaner, Car wash, and Others), Textile and Nonwovens, Oil and Gas, Water Treatment, and Others

By Geography:

North America, South America, Europe, APAC, and RoW

Key Takeaways

In the Latin America region, Brazil is the major market for the alkyl polyglucosides throughout the forecast period owing to rise in the purchasing power of consumers, developing agriculture sector, and rise in demand for biodegradable products across the country, further drive the demand for alkyl polyglucosides.

Cost-effective substitute’s availability and low consumer awareness in emerging country are hampering the overall market growth.

Unstable economic condition and COVID-19 outbreak may cause major hindrance to the overall market growth.

Alkyl Polyglucosides Market Segment Analysis - By Raw Material

The fatty alcohol segment held the largest share of more than 55% in the alkyl polyglucosides market in 2020.

Alkyl polyglucoside is normally produced by reacting fatty alcohol with sugar using acid as a catalyst. Fatty alcohols are aliphatic alcohols which are mostly linear and monohydric. These can be either saturated or have one or more double bonds. The main application areas for fatty alcohols are detergents and soaps, personal care, and others. Increasing demand for personal care products and detergents & soaps in developing regions coupled with growing population is driving the adoption of fatty alcohols, which in turn propel the growth of this market.

Alkyl Polyglucosides Market Segment Analysis - By Application

The home care segment held the largest share of more than 25% in the global market in 2020. The market is witnessing a significant growth during the forecast period across the homecare sector due to the growing consumer preference for the high biodegradability and eco-friendly products. Whereas, growing e-commerce sector, increasing population, changing living standards, and rising per capita income further contributed to the market growth. Moreover, the developing urbanization sector in emerging nations is likely to drive market growth during the forecast period.

Alkyl Polyglucosides Market Segment Analysis - By Geography

Among the regions, the APAC region is projected

to witness the highest CAGR of 7.5% in the alkyl polyglucosides market during the forecast period from 2021-2026.

The large consumer base, growing disposable income, and the growth of the building and construction industry propels the growth of this market in the APAC region. In addition, changing lifestyle drives the demand of personal care products and the presence of emerging economies such as China and India across the region also contribute to the market growth across the APAC region. Whereas, the growing awareness regarding the potential health hazards caused by synthetic surfactants across the region is likely to drive the growth of this market.

Alkyl Polyglucosides Market Drivers

Superior properties of alkyl polyglucosides

Alkyl polyglucosides is a non-ionic surfactant produced from renewable raw materials. It offers excellent properties like high alkali stability, superior wetting properties, low surface tension, superior eco-toxicity, good compatibility with all other types of surfactants, good detergence property, detergency, low irritating, readily biodegradable, and stable form. Thus, due to these superior biodegradables and environmentally-friendly properties, the demand for alkyl polyglucosides is growing across various industry verticals. Whereas, the growing high preferences of alkyl polyglucosides products over the other traditional petroleum and even other natural oils-based surfactants further contribute to the market growth. Besides, alkyl polyglucosides are easily soluble in water and electrolytic solution and are used for various purposes such as soil removal, foaming, filming, and anti-streaking and skin compatibility in our day-to-day life.

Growing Personal Care Industry

The growing ‘green’ trend in the personal care industry along with increasing environmental concerns among the consumers drive the demand of natural-origin, biodegradable, and skin-friendly surfactants, which in turn kept the alkyl polyglucosides in high demand during the forecast period. In personal care industry, alkyl polyglucosides are used across various applications like baby concepts, toothpaste, shower gels and liquid soaps, oral care, shampoos, facial wash, and wet wipes. Furthermore, the growing inclination towards organic personal care products is one of the promising trends to have emerged in the developed and developing regions that is also driving the growth of alkyl polyglucosides market. Furthermore, the arrival of the fashion industry in the Western European countries particularly in France and Italy has provided various lucrative opportunities for the growth of the cosmetics and personal care industry, which in turn drive the growth of alkyl polyglucosides market during the forecast period. Besides, the growing trend of fashion weeks globally is also contributing for the growth of personal care products, which in turn drives the growth of this market. For instance, according to Cosmetic Europe, the personal care and cosmetics industry has witnessed a growth of 1.3% in 2018 as compared to 2017.

Alkyl Polyglucosides Market Challenges

Emergence of COVID-19 the Pandemic

The emergence of COVID-19, which is declared as a pandemic by the World Health Organization, is having a noticeable impact on global economic growth coupled with this market. According to International Monetary Fund, the global GDP is expected to decline by 0.3% in 2020. According to World Trade Organization (WTO), global trade volumes are projected to decline between 13% and 32% in 2020 as a result of the economic impact of COVID-19. The pandemic is affecting operations of various applications such as personal care, homecare, and industrial cleaner, as most of countries have issued “stay at home guidance”. Moreover, it is expected that the outbreak of COVID-19 will be seen in the whole year of 2020, and a few months in 2021. As, alkyl polyglucosides products are extensively used in these industries, the declining operations of these industries is directly affecting alkyl polyglucosides market growth.

Alkyl Polyglucosides Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the alkyl polyglucosides market report. In 2020, the market of alkyl polyglucosides is consolidated by top 10 companies accounting for xx% of the share. Major players in the alkyl polyglucosides industry outlook are Galaxy Surfactants, SEPPIC SA, LG Household & Healthcare, and Pilot Chemical Company, BASF SE, Dupont, Croda International Plc., and Huntsman Corporation, among others.

Acquisitions/Technology Launches

In October 2019, BASF AG, has increased production capacity for Alkyl Polyglucosides (APG) by an additional 10,000 metric tons, in Jinshan, China. With this, the company’s production capacity of APG increased from 20,000 to 30,000 metric tons along with the company will better support the market and customer’s demand in China and regionally in Asia over the forecast period.

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Activated-alumina-market.

Activated alumina,

manufactured from aluminum hydroxide, works by absorbing water from the air and thus keeping things dry. Activated alumina is produced by means of dehydroxylating aluminum hydroxide in a way that produces a highly porous material. The compound which is mainly used as a desiccant, also finds application as a filter of fluoride, selenium and arsenic. The compound has a very high surface-area-to-weight ratio.

Activated alumina finds use in a wide range of catalyst and adsorbent applications including the adsorption of catalysts in production of

polyethylene

, in hydrogen peroxide production, as a selective adsorbent for a number of chemicals, and in sulfur removal from gas streams.

The rising demand for

water treatment

globally coupled with the rising awareness for purification of drinking water in the developing regions is expected to drive the

global activated alumina market

during the forecast period. The demand for water treatment chemicals and technology is partly driven by legislation. In Europe, for example, it is mandatory for all quarries to have water recycling facilities. Furthermore, government directives such as the Urban Waste Water Treatment Directive, aims at protecting the aquatic ecosystem and thereby proving to be a vital driver for growth of the global activated alumina market. Moreover, development in reverse osmosis (RO) membrane technology and strict government legislations are further analyzed to bolster the demand for activated alumina globally, during the forecast period. However, reduced surface lift of activated alumina owing to high level of impurities is expected to hinder the market worldwide.

The global activated alumina market is classified into applications as follows:

Adsorbent

Filtering Substance

Medical Applications

Catalyst Support

Drying Agent

Others (Vacuum Systems, etc.)

The global activated alumina market is further bifurcated on the basis of physical appearance into:

Powdered Form

Beaded Form

Lastly, the global activated alumina market is bifurcated by regions into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). Asia Pacific is expected to dominate the global activated alumina market in terms of demand during the forecast period, followed by North America. Furthermore, Europe constitutes a substantial share in the global activated alumina market currently and is expected to be another major market for activated alumina during the forecast period.

Sample Companies Profiled in this Report are:

BASF SE (Germany)

Bee Chems (India)

Garg Chemical Company (India)

Shadong Zhongxin New Material Technology Co. Ltd. (China)

Sigma-Aldrich Corporation (U.S.) among others.

10+.

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phenolic-resins-market

This report gives an unequivocal investigation on the Phenolic Resins industry worldwide. It clarifies what are Phenolic Resins showcasing techniques of leading organizations and their costs. It enables you to ascertain diverse Phenolic Resins market forecast and also challenges for the coming years.

What are Phenolic Resins?

Phenolic resins are a kind of synthetic thermosetting resins. They were originally called as Bakelite. These are divided into Novolacs and Resoles. These are lightweight materials possessing excellent corrosiveness and are resistant to temperatures up to 300-350 °C. Some of the properties of phenolic resins include low humidity absorption, high dielectric strength, low toxicity, low smoke, and flame retardance.

Applications of Phenolic Resins:

Phenolic resins have a significant number of applications in many end-user industries. Phenolic resins are mainly used in wood adhesives, insulations, binders, molding compounds, laminates, phenolic foams and other applications. Snooker balls and balls for many table based games are made from phenol formaldehyde resin. The binding agent in the brake pads, brake shoes and clutch discs are made up of phenolic resin.

Trends in Phenolic Resins Market:

The global Phenolic Resin Market is anticipated to reach $15 billion by 2022. The main end-user industries in the Phenolic Resins Market are Construction, Automotive, Furniture, and Electrical & Electronics industry. Phenolic resins find have huge applications in different wood products, which is mainly driven by the rise in growth of construction Industry. The global construction industry is expected to reach over $12 trillion in 2020 which will represent about 15% of the global GDP.

As the automotive industry is also growing significantly. The Automotive market is about to cross the 100 million units’ threshold by 2019. The global sales in new vehicles is expected to exceed 98 million units in 2018. The increase in demand for many molded products in the automotive and aerospace industry will also contribute to the growth of global Phenolic Resins Market in the forecast period.

A new research was done to prepare a novel Raney nickel catalyst for fix-bed reactions where the phenolic resin was used as a carbon precursor to prepare this catalyst. This resulted in the increase in stiffness and more efficient catalytic property in the catalyst than other preparation methods. This research will boost the usage of phenolic resin in catalyst manufacturing and in turn, boosts the Phenolic Resin Market globally.

October 15, 2018: SK Capital Partners, an investment firm has completed the acquisition of SI Group, a leading manufacturer of performance additives and intermediates globally.

February 6, 2018: Sun Chemical and its parent company, DIC Corporation, have completed the acquisition of Luminescence Holdings Ltd., a manufacturer of currency, tax stamps, passports and secure documents for the security market.

Key Players in the Phenolic Resins market:

The companies referred to in the market research report includes industry key players in the market are Fenolit D.D., Shandong Laiwu Runda New Material Co. Ltd., DIC Corporation, Georgia-Pacific Chemicals LLC, BASF SE, Hitachi Chemical Co. Ltd., Kolon Industries Inc., SI Group Inc., Hexion Inc., Sprea Misr, Saluc SA, Aica Kogyo Co. Ltd., Red Avenue Group Co. Ltd., Mitsui Chemicals Inc., Sumitomo Bakelite Co. Ltd., Mansoura for Resins & Chemical Industries Co. and Lerg SA among others.

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Key Takeaways from this Report

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

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Cellulosic Man-Made Fibers Market

Cellulosic Man-Made Fibers Market size is forecast to reach $25 billion by 2025, after growing at a CAGR of 5% during 2020-2025. Cellulosic man-made fibers are semi-natural fibers that are chemically treated to have high strength and good absorbent properties for its use in various industries such as textile and medical. Cellulosic fibers are extensively used in various applications including spun yarn, fabrics and textiles. Increasing demand for a high-quality product with good durability and strength is driving the growth of cellulosic man-made fibers market globally. Moreover, environmental concerns and government regulations also boost the growth of the cellulosic man-made fiber market.

Report Coverage

The report: “Cellulosic Man-Made Fiber Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Cellulosic Man-Made Fibers Industry.

By Fiber Type:

Viscose, Lyocell, Acetate, Modal and Others

By Application:

Apparel, Home Textile (Curtains, Pillow Covers, Bed sheets and others), Industrial, Medical (Bandages, Mask, Gloves, Others) and others

By Geography:

North America, South America, Europe, APAC, and RoW

Key Takeaways

Asia-Pacific dominates the cellulosic man-made fibers market owing to increasing demand from applications such as apparel and medical products.

Properties such as durability, high strength, anti-bacterial, and smoothness are the major factors driving the growth of cellulosic man-made fiber market.

An increase in environmental concerns and sustainability has also contributed to the growth of the cellulosic man-made fibers market.

Fiber Type- Segment Analysis

Viscose rayon fiber has dominated the cellulosic man-made fibers market with share of more than 30% in 2019. Viscose fibers have properties similar to that of cotton, thereby substituting cotton fibers in various end-use industries. They are soft and non-insulating fibers, as they don’t hold the heat. Viscose fibers are used for making dresses, ribbons, and trims. After viscose fiber, lyocell fiber has shown significant growth. They are produced by dissolving cellulose into the solvent N-methyl Morpholine-N-Oxide (NMMO). Due to its ability to absorb excess liquid as compared to cotton, lyocell fibers are used in baby diapers and feminine hygiene products.

Application - Segment Analysis

Based on the application, the apparel segment has shown significant growth in the cellulosic man-made fibers market in 2019, growing at a CAGR of 6.12% during the forecast period. Cellulosic man-made fibers are blended with many other fibers such as cotton, wool, etc. to improve its properties. High strength rayon produced by stretching the filaments is used in tire cord. These fibers can be easily dyed in a variety of colors and are used in curtains and lining. Anti-bacterial and liquid absorbency has led to its usage in the medical field for making bandages and surgical dressings which in turn augments the growth of cellulosic man-made fibers market.

COVID-19 proved to be a major challenge for the cellulosic man-made fiber manufacturers due to disruptive supply chain and declining demand from consumers worldwide. Many industries are shuttered due to lack of manpower. The apparel industry body Clothing Manufacturers Association of India (CMAI) has estimated that if no assistance comes from government either in terms of wage subsidy or revival packages there could be loss of almost 1 crore jobs in the entire textile chain. Due to the coronavirus, purchasing capital of people decreased which has direct impact on construction, and textile industries, subsequently affecting the cellulosic man-made fibers market. Also according to the World Trade Organization global trade will fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity.

Geography- Segment Analysis

APAC dominated the cellulosic man-made fibers market with a share of more than 41%, followed by North America and Europe in 2019. An increase in population coupled with rapid industrialization has driven the growth of cellulosic man-made fibers market in these regions. Due to the lower cost as compared to natural fibers, they are in huge demand in emerging economics nations. Additionally, rise in disposable income and high standard of living has also accelerated the use of cellulosic man-made fibers for making jackets, gloves and sports equipment. According to India Brand Equity Foundation (IBEF), the Indian textile and apparel industry is valued at around US$ 36.63 billion in 2017 and is expected to increase to US$ 82 billion in 2021, further fueling the demand for man-made cellulosic fibers in the Indian market. Moreover, government regulations to minimize the use of non-degradable fibers contribute to the growth of the market.

Drivers – Cellulosic Man Made Fibers Market

Exceptional advantages over natural fibers

Cellulosic man-made fibers have almost all properties of natural fibers and are also cost-effective. They have luxurious feel appearance and are shrink, moth and mildew resistant, thus act as a substitute for natural fibers in various end-use applications which fuels the growth of cellulosic man-made fibers market.

Biodegradability

Cellulosic man-made fibers are degradable and have less harmful effects on the environment. Due to the rise in environmental concerns, cellulosic man-made fibers are preferred over polyester and nylon fibers. Thus ease in decomposition drives the growth of cellulosic man-made fibers market.

Challenges – Cellulosic Man Made Fibers Market

Effect on human health

Cellulosic man-made fibers are fibers that are chemically converted from wood pulp. Not only the production of these fibers is dangerous but wearing it is also unhealthy. The chemicals used in manufacturing these fibers cause nausea, headache, vomiting, and insomnia. Although these fibers are cost-effective and owe various properties, its harmful effect on human health acts as a restraint for the growth of cellulosic man-made fibers market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the cellulosic man-made fibers market. In 2019, the market of cellulosic man-made fibers has been consolidated by the top five players accounting for xx% of the share. Major players in the cellulosic man-made fibers market are Baoding Swan Fiber Co., Ltd., Century Rayon Limited, Daicel Chemical Industries Ltd., Celanese Corporation, Grasim Industry Limited, Lenzing Corporation, Mitsubishi Rayon Co. Ltd., Nantong Cellulose Fiber Co Ltd, Glanzstoff Austria GmbH & Co. KG, Eastman Chemical Company, among others.

Acquisitions/Technology Launches

In April 2019, Saetri has acquired Jiangsu Xiangsheng Viscose Fiber Co., Ltd. (“Xiangsheng”) in order to strengthen their position as world’s leading viscose fiber producer.

In December 2016, McMaple Textile Company has launched a new rayon fabric for garments which are highly absorbent with superior drapability and dye ability.

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Polyvinyl Chloride

Polyvinyl Chloride (PVC) Market Overview:

The global Polyvinyl Chloride (PVC) Market is estimated to be $44.8 million in 2018 and is estimated to grow at a CAGR of 4.25%. There is a growing demand for PVC resins in end-user industry like building & construction owing to PVC’s many advantages like quality, safety and cost effectiveness. Countries like China and India in the Asia Pacific region contribute to the major share comprising half of the share in the growing global PVC Market. China is the leading producer of PVC in the Asia Pacific region in terms of volume and value because of the rise in construction industries in the country. Top exporter of PVC in the world is the USA with total exports of 2.7 million tons of PVC and it is followed by Republic of China with 1.05 million tons and Germany with 0.85 million tons of PVC. The top importer of PVC in the world is India with a total imports of 1.15 million tons of PVC and it is followed by China with 0.905 million tons and Belgium with 0.806 million imports of PVC.

Polyvinyl Chloride (PVC) Market Outlook:

Polyvinyl Chloride (PVC) is mainly available in two grades namely rigid and flexible. Flexible PVC resins are soft and can be amended than the rigid ones. This is because of the addition of plasticizers like diisononyl phthalate. Rigid PVC resins are mainly used in the production of pipes and used in the windows & doors etc. Flexible PVC resins are are commonly used in the insulation of electric wires, flooring, imitation leather, signage, phonographic record and many other applications. Polyvinyl Chloride (PVC) Market report comprises of pricing analysis for different types of Polyvinyl Chloride (PVC). The price of Polyvinyl Chloride (PVC) is expected at $1420 per metric ton in USA, $1110 per metric ton in China, $1220 per metric ton in Russia and $1400 per metric ton of PVC in India.

Polyvinyl Chloride (PVC) Market Growth Drivers:

One of the major drivers in the global Polyvinyl Chloride (PVC) Market is the growing infrastructure activities around the world. PVC is used extensively in the building & construction industry owing to its various applications in wires, pipes, windows, doors and many others.

Polyvinyl Chloride (PVC) Market Challenges:

Poor thermal capability and sensitiveness to oxidative degradation properties of polyvinyl chloride resins are some of the major challenges in the usage of PVC resins in many applications and in the global Polyvinyl Chloride Market.

Polyvinyl Chloride (PVC) Market Research Scope:

The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Polyvinyl Chloride (PVC) market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Polyvinyl Chloride (PVC) market and their specific applications in different types of vehicles.

Polyvinyl Chloride (PVC) Market Report: Industry Coverage

Grades of Polyvinyl Chloride (PVC):

Rigid and Flexible

Process of production of Polyvinyl Chloride (PVC):

Suspension Polymerization, Emulsion Polymerization and Bulk Polymerization.

Applications of Polyvinyl Chloride (PVC):

Pipes & Fittings, Doors & Windows, Wires & Cables Jacketing, Electrical Cable Insulation, Medical Appliances, Flooring, Imitation Leather, Signage, Phonograph Records, Inflatable Products, Bottles, Non-Food Packaging, Cards

Polyvinyl Chloride (PVC) market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

The Middle East and Africa: Israel, South Africa, Saudi Arabia

Polyvinyl Chloride (PVC) Market Key Players Perspective:

AkzoNobel is about to start supplying the first ever emulsion based organic peroxides in the US for manufacturing of polyvinyl chloride (PVC). Rob van de Graaf, Director of Sales, America’s - Polymer Chemistry explains “Organic peroxides often decompose at very low temperatures, which can lead to combustion when not stored or handled properly. Emulsions contain water, significantly reducing the chance of combustion, and increasing the safety of transport, storage and handling. The improved safety characteristics also allow for bulk storage and fully automated handling, reducing the risk of manual operation mishaps”.Some of the key players mentioned in this report are Pau Tai Industrial Corporation (Taiwan), hin-Etsu Chemical Co. Ltd. (Japan), Formosa Plastics Corp. (U.S.), Songwon Industrial Co. Ltd. (South Korea), Occidental Petroleum Corp. (U.S.), Solvay SA (Belgium), Ineos Group Ltd. (Switzerland), AkzoNobel N.V. (Netherlands), Clariant AG (Switzerland), Arkema SA (France), BASF SE (Germany) and Baerlocher GmbH (Germany) among others.

Polyvinyl Chloride (PVC) Market Trends:

A spanish based company Molecor has developed a new molecularly oriented PVC pipe called PVC-O. These PVCO pipes offer higher impact resistance than the conventional PVC pipes. Apart from the impact resistance, they also provide high corrosion resistance, increased hydraulic capacity, good ductility, energy efficient and low installation costs.

Researchers from Ohio University, USA, have invented a new synthetic leather material that repels water and oil based liquids. Synthetic leather is made from fabric coated with polyurethane (PU) or polyvinyl chloride (PVC). These both can be molded into flat sheets with grooves which gives them leather like texture.

Researchers from Ferdowsi University of Mashhad, Mashhad, Iran, have formulated a new polyvinyl chloride (PVC) - thermoplastic polyurethane (TPU) blend membranes for applications in Nano filtration. These membrane have shown good hydrophilic characteristics with high water flux and low threshold pressure for showing permeability. This research proved that PVC-TPU blend membranes are a good choice for membrane fabrication

Researchers from São Paulo University, Brazil, have made a new polyaniline-polyvinyl chloride (PVC) blended coatings especially for protecting the corrosion of carbon steel. After the corrosion analysis on a 1010 steel protected with polyaniline-polyvinyl chloride (PVC) blended coating, the results have shown that this coating offered an improved corrosion resistance when compared to bare 1010 steel in both saline and acidic medium. Therefore, this coating can be used as a low cost alternative for the existing corrosion protection polymer like polyaniline (PANI).

Flexible PVC in Europe is applied on large scale to manufacture wires and cables. PVC cables account for around 7% of the PVC resins manufactured and for 46% of the cables market in Europe. The demand of PVC cables is growing due to its temperature handling capability and insulation properties. The PVC resin is simultaneously on high demand for satisfying the cable manufacturers.

Indian leader in PVC manufacturing Finolex industries has indicated that it will focus on the non-agri segment, especially housing, given the government focus on housing to meet USD 1 billion sales target by 2020. The rise in agri industry is simultaneously expected but the growth rate would be slow. The current production capacity of all the finolex plants together is 2.72 lakh tons PVC resins and 2.9 lakh tonne of pipes & fittings per annum which is expected to double by 2020.

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Epoxidized Soy bean Oil market

Epoxidized Soy bean Oil market is estimated to witness an upsurge due to growing availability and development of advanced technologies for renewable resources. The global epoxidized soy bean oil market by end users which include food and beverage, agriculture, adhesives and coatings generated a revenue of $334m is anticipated to grow at a CAGR of 2.59% during the forecast period between 2018 and 2023. Globally, the food and beverage market is expected to grow at a CAGR of 16% from 2018 to 2023. Also, the ESBO market by application which includes plasticizers has accounted to be the largest market growing at a CAGR of 2.5% during the forecast period.

What is Epoxidized Soy Bean oil?

Epoxy Soy Bean oil is a non-toxic yellowish viscous liquid which dissolves in organic solvents such as benzene, cyclohexane, and acetone ethyl acetate. It is plasticizer used in polyvinyl chloride plastics as it is highly stable in heat and light. It also extends the shelf life of the product and has no odor. It acts as a scavenger for hydrochloric acid liberated from PVC during heat treatment.

Epoxidized Soybean oil is industrially available and one of the low cost vegetable oils in the world. Epoxidized soybean oil is produced by oxidation of soybean oil with hydrogen peroxide, either acetic or formic acid. ESO is highly preferred over phthalate plasticizers due to its biodegradable properties.

What are the major applications for Epoxidized Soy Bean oil?

It is used as a plasticizer and stabilizer in plastic material to keep plastics soft and pliable. ESO is used as raw material for various applications that include pharmaceutical molecules, UV cure applications, fuel additives, agriculture, functional fluids, surfactants, flavour & fragrances, coatings, special links and sealants. Epoxidised soybean oil is mainly used as an additive in the manufacture of plastics, adhesives and coatings. The chemical is also used as an inert ingredient in agricultural pesticides, as a process regulator in the manufacture of other chemicals and as an industrial lubricant.

Market Research and Market Trends of Epoxidized Soy Bean oil

The market is gaining maximum revenue through the production of epoxidized soy bean oil as the usage of ESO is increasing in Food & Beverage packaging. It has been gaining a lot of importance as it is acid resistance, non-toxic and highly biodegradable.

The demand for non-phthalate and eco-friendly compounds is increasing in various end uses such as laminations, transparent films and coatings and sheets, it will consequently drive the epoxidized soybean oil market during the forecast period.

Epoxidized soybean oil has potential benefits such as minimizing volatile organic compound off-gassing in new construction application, thus reducing cost through building component modularization and provides greater strength to the construction building.

Who are the Major Players in Epoxidized market?

The companies referred in the market research report includes Arkema, Ferro Corporation, CHS Inc., The DOW chemical company, KH chemicals, Harima chemicals limited, inba industrias quimicas limited, Galata chemicals, The chemical company, Makwell plasticizers, sigma-aldrich.

What is our report scope?

Key Takeaways from this Report

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

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Methionine Market

Methionine Market is forecast to reach $6.34 billion by 2025, after growing at a CAGR of 5.9% during 2020-2025. The methionine market is driven by its increasing adoption in animal feed and food dietary supplements to provide the most effective methionine source. Moreover, increasing demand for animal based products with increasing use of methionine in nutraceutical will ensure healthy growth. The report covers Methionine Market size by raw materials and application, Methionine Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Methionine Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Methionine Market.

Key Takeaways

North America and Western Europe dominates the methionine market owing to growth in pharmaceutical industry, increase in consumption of dietary supplements, and medical benefits ingredients it possess.

The growth of methionine can be attributed to the consumer’s preference for functional foods considering health and diet.

Raw Material - Segment Analysis

Animal based methionine held the largest share in the methionine market in 2019. Methionine is a typical swine diet plays important roles in promoting swine health and muscle growth. In contrast to plant foods, animal foods are perceived to have higher protein-to-energy ratios and better protein and amino acid digestibility. The usage of methionine in nutraceutical ensures healthy growth of animal. The market for nutraceutical in animal feed has become increasingly attractive in the last few years, majorly driven by the antimicrobial growth promoters in agriculture.

Product Type – Segment Analysis

DL Methionine held the largest share in the methionine market in 2019. Methionine is an essential and dietary limiting amino acid for aquatic species. DL-Methionine is the most effective source of methionine available for aquaculture feed. It is highly concentrated nutrient and delivers particle size designed specifically for aqua feeds. DL-Methionine for in aqua feed offers ideal protein feed approach. It translates into improved quality, less waste and smoother production of feed.

Form – Segment Analysis

Powdered ingredients have high stability and superior shelf life than liquid ingredients. Carotenoids, fibers and specialty carbohydrates, fish derived collagen and several plant extracts are available as powders that are used in the preparation of methionine products. The suitability of powdered ingredients for use in the production of various functional foods and dietary supplements is motivating the methionine formulators towards utilization of powdered ingredients. The rapid growth of dietary supplements for pets, companion and working animals is also driving the growth of powdered methionine market.

Application - Segment Analysis

Dietary supplements has been the primary market for methionine. Dietary supplements contain the essential nutrients which are lacking in the overall diet of human being. According to Nutrition Business Journal the supplement industry has reached $46 billion in annual sales in 2018. The supplement industry is poised to surpass $50 billion annually by 2020. According to CRN Consumer Survey on Dietary Supplements 2018, 75 percent of U.S adult take dietary supplements as opposed to just 65 percent in 2009. The data provided states that dietary supplements are main stays in modern day health and wellness regimes.

Geography - Segment Analysis

APAC dominated the methionine market with a share of more than 32%, followed by North America and Europe. The growth of methionine in APAC is attributed to increasing dietary supplements demand, increasing cardiovascular disease and obesity prevalence in the region. Further, investment in R&D to find innovative approaches, confirming health claims of methionine products and market research represent key strategies for the industry. Methionine has active ingredient property that claims to have medical benefits are a significant and fast growing part of the pharmaceutical industry in the developing countries.

Drivers – Methionine Market

Ecofriendly means of extracting methionine

The manufacturers have developed an enzymatic process that potentially opens a novel route to production of numerous of amino acids and valuable building blocks for pharmaceutical chemistry in an environmental friendly manner.

Challenges – Methionine Market

The substitutes of methionine can hamper the market.

The Synthetic methionine use in animal feed has been restricted to some extent with other synthetic amino acids have been banned for the same purpose. It is challenging to provide sufficient methionine to maintain animal growth and productive performance up to current industry standards. Without synthetic amino acid, Methionine requirements can alternatively be obtained for organic poultry by increasing dietary crude protein through expeller-pressed soybean meal to the diets.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the methionine market. In 2019, the market of methionine has been consolidated by the top five players accounting for xx% of the share. Major players in the methionine Market are Evonik Industries AG, Sumitomo Chemical Co. Ltd., IRIS BIOTECH GmbH, Royal DSM, among others.

Acquisitions/Technology Launches

In November 2016, Evonik Industries AG acquired technology from METabolic EXplorer for the fermentative production of methionine o strengthen its biotechnology platform for amino acids.

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Polyurethane Market

MDI, TDI and Polyurethane Market is forecast to reach $7 billion by 2024, after growing at a CAGR of 5% during 2019-2024. Increasing demand in the automotive, construction, and electronics industries for lightweight and durable products is projected to increase the overall market growth during the forecast period.

Report Coverage

The report: “MDI, TDI and Polyurethane Market – Forecast (2019-2024)”, by IndustryARC, covers an in-depth analysis of the following segments of the MDI, TDI and Polyurethane Market

Key Takeaways

Asia-Pacific dominates the MDI, TDI, and Polyurethane Market owing to strong growth in major end-use industries leading to increasing consumption from countries such as India, China.

Growing demand for bio-based polyurethane is likely to drive the market growth in the near future.

The disposal of polyurethane demonstrates to be one of the major concerns of environmental agencies, as the disposal releases many dangerous compounds into the environment which hinders the market growth.

Furniture and construction industries are the fastest-growing end-use industries in the market.

Application - Segment Analysis

Flexible foam segment held the largest share in the MDI, TDI, and Polyurethane Market in 2018. Due to the increasing use of polyurethanes in several end-use industries as a cushioning material for furnishings, bedding and mattresses, seating and other soft products. The building and construction industry is the largest consumer for polyurethane foam. With an increasing amount of building codes promoting energy-efficient buildings, home builders and consumers are moving gradually towards construction strategies that deliver long-term efficiency and energy savings. According to the Department of energy, heating, and cooling costs account for 48% of the energy consumption in a typical U.S. household.

End-Use Industry - Segment Analysis

The construction industry dominates the global market as these thermoplastics are used on a very large scale in the construction industry for insulation and flooring & roofing applications. Emerging nations such as India, South Africa, Thailand, and others are the significant players in the construction use of these plastics. Further, the furniture segment follows the construction industry, where it is used for bedding, seating, upholstery, and others. Increased living standards have resulted in an enhanced preference for luxury furniture, creating new opportunities for the market. Another prominent industry is the electronics where polyurethane is used in cables, circuits, and sensors, etc.

Geography - Segment Analysis

Asia-Pacific continues to be the dominant region for growing market demand due to skilled labor, easy raw material accessibility, and local government support. Further strong growth from various end-use sectors, including construction, automotive, mining, footwear, and so on, which is further fuelling the demand for polyurethanes. APAC is the largest producer of automotive with a share of 55% in the global automotive market in 2018. Major demand is coming from China as it is the largest producer of automotive, footwear, construction, and so on.

Innovative schemes in nations such as India's "Make in India" or Thailand's "Favorable Buyers" accelerate demand for these plastics. Asian-Pacific region is followed by South American countries with steady growth in recent years, majorly in the automotive sector. According to OICA, APAC automotive sales witnessed a growth of over 6.52% during 2012-2018, with South East Asian countries having huge potential to grow.

Drivers – MDI, TDI and Polyurethane Market

Growing demand for lightweight and durable products in the automotive and electronics industries.

The ease of molding, combined with polyurethanes strength, durability and lightweight, making them ideal for use in all important areas of manufacturing automobiles. According to Plastics Europe industry association, a rule-of-thumb is that 5% less weight means average fuel savings of 3%. Hence, using plastic in automotive is an emerging trend.

In the electronics industry, polyurethanes are referred to as potting compounds which are frequently used in electronic industries to encapsulate, seal and insulate fragile, pressure-sensitive, microelectronic components, underwater cables, and printed circuit boards. These potting compounds are specially formulated by developers to meet a diverse range of physical, thermal, and electrical properties. Due to the increasing demand, the market for polyurethane is experiencing an upward trend.

Bio-based feedstock to replace the fossil-based feedstock with their enhanced mechanical characteristics.

The constant thrust to replace fossil-based feedstock with bio-renewable resources helps in providing a sustainable environment and hence, bio-based raw materials prove to be one of the important drivers for the growing MDI, TDI, polyurethane market during the forecast period. Furthermore, the bio-PUs provide good shape memory properties at body temperature and cytocompatibility. Therefore, this bio-PUs are promising for applications in biomedical fields.

Challenges – MDI, TDI and Polyurethane Market

Volatility in raw material prices

MDI and TDI are key isocyanates used as raw materials for polyurethane. These compounds are highly toxic, and hence polyurethane industry is highly regulated as well as heavily dependent on crude oil dynamics. The market for MDI, TDI is facing persistent supply shortages while demand is growing at a faster rate than expected. Higher raw material prices for Isocyanates resulted in compressed margins for P.U. Manufacturers, as most were unable to raise their end-product prices quickly enough to match the upward movement in isocyanate costs.

Disposal of polyurethane propels environmental concerns due to the emission of hazardous waste.

Disposal of polyurethane proves to be one of the major concerns for the environmental agencies, as the disposal emits a lot of hazardous compounds into the environment. Recycling options for polyurethanes are limited and are possible only in the case of uncured polyurethanes, while most of them are cured.

Market Landscape

Product &Technology launches and R&D activities are key strategies adopted by players in the MDI, TDI, and Polyurethane Market. In 2018, the market of fuel additives had been consolidated by the top five players accounting for xx% of the share. Major players in the MDI, TDI and Polyurethane Market are Arian Polyurethane Jsc, BASF SE, Chematur Engineering Ab, Chemtura Corporation, Coim S.P.A, Covestro AG, E.I. Du Pont De Nemours & Company, Foamex Innovations, Hebei Cangzhou Dahua Group Co. Ltd, among others.

Product & Technology Launches

In February 2018, BASF presented its latest developments regarding Elastopan® (P.U. systems) and Elastollan® (TPU) with an international expert team at SIMAC, the international machinery and technology trade fair for footwear in Milan.

In May 2018, pushing the limits of cast Polyurethane, Covestro developed a dedicated Desmodur® system with outstanding performance in terms of wear resistance. The Desmodur® MDQ75164 systems show excellent behavior in regards to the properties expected in the demanding mining applications.

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Azo Dyes Market

Azo Dyes Market size is forecast to reach $XX million by 2025, after growing at a CAGR of XX% during 2020-2025. Owing to their excellent fastness properties and ability to impart high intensity and bright colours, they are extensively used in the fabric dyeing process. On account of ease of manufacturing and low production cost, the majority of commercial dyes belong to this class. These dyes pose intense bright colors which makes them suitable for the natural coloring in the textile and

food industry

. The medical importance of Azo dye is also well known for its antibiotic, antifungal, and anti-HIV properties. Therefore, the application of Azo Dye in various industries such as textile, pharmaceutical, food, and cosmetics is boosting the market growth.

Report Coverage

The report:

“Azo Dyes Market– Forecast (2020-2025)”

, by IndustryARC, covers an in-depth analysis of the following segments of the Azo Dyes Industry.

By Color:

Brown, Red, Yellow and others.

By Type:

Disperse Dyes, Metal-complex dyes, Reactive Dyes and Substantive dyes.

By End Use Industry:

Textile, Cosmetics,

Pharmaceuticals

, Food and others

By Geography:

North America, South America, Europe, APAC, and RoW.

Key Takeaways

Asia Pacific dominates the Azo Dyes market, owning to rising awareness among the consumers, rapidly growing middle class, and increasing disposable income in the region.

Continuing advances in the medical and textile sectors, coupled with changing demographics and consumer demand, are expected to boost the market over the forecast period.

The ongoing spread of COVID-19, has increased the demand for protective masks, gowns, gloves and so on. Thus, supporting Azo Dyes market growth.

End Use Industry - Segment Analysis

The Textile industry held the largest share in the Azo Dyes market in 2019 and is growing at a CAGR of XX% during the forecast period. Azo dyes are the most important class of textile dyes. These are used in dyeing textile fibers, particularly cotton but also wool, silk, viscose, and synthetic fibers. These are easy to use, relatively cheap, and provide clear and strong colors. Owning to antibiotic, antifungal, and anti-HIV properties Azo dyes are widely used in dyeing sanitary towels. According to the International Trade Centre (ITC), the world export of sanitary towels and tampons increased from 15,784,370 to 16,301,138 in 2018. China held the largest export market constituting an export value of 1,80,586 in 2018. Thus, growth in the export of sanitary towels is supporting Azo dyes Market growth.

Geography - Segment Analysis

Asia-Pacific held the largest share in the Azo Dyes market in 2019 up to 54%, due to the flourishing textile industry in the region. This is attributed to the rapidly increasing demand for apparel, particularly through e-commerce portals. Moreover, manufacturers prefer setting up manufacturing units in countries such as China, India, and Pakistan owing to the abundant availability of raw materials such as cotton, wool, silk, and jute, and low labor costs. According to India Brand Equity Foundation, in 2020, New Textile Policy 2020 is expected to be released by the Ministry of textiles. In addition, huge investment is being made by the government of India under the Scheme for Integrated Textile Parks (SITP) (up to $184.98 million) and Technology Up-gradation Fund Scheme (TUFS) (up to $ 961.11 million) released during 2015-16 to 2019-20 to encourage more private equity. In 2019, China National Textile & Apparel Council (CNTAC) announced to cooperate in the Pakistan textile sector. The delegation examined the business environment in Pakistan for future investment and expressed interest to invest in textile research centers and stitching labs. The China–Pakistan Economic Corridor (CPEC) had opened huge investment opportunities in Pakistan and in the wake of the China-Pakistan free trade agreement phase-II. Therefore, with the growth in the textile industry in the region the azo dyes market is also increasing.

Drivers – Azo Dyes Market

Extensive applications in the textile industry and low production cost

The global azo dye market is primarily driven by its extensive applications in the textile industry. These dyes are heavily employed in the textile industry because of their properties such as bright colors and excellent fastness. The majority of the demand growth occurs from the developing regions. The increasing disposable income coupled with growing infrastructural facilities is driving the textile industry in these countries. As the textile sector accounts for more than half of the total azo dye demand, the upcoming textile production will boost the market for azo dyes during the forecast period. Manufacturing azo dyes is pretty easy and cheap as the components of the dyes are cheap and easily available. In addition, while producing it, different levels can be set, and adjusted easily according to the requirement. Furthermore, the energy required for the process is also less, as the composition of chemical structure happens at or below the room temperature. In fact, all the chemical processes of azo dye are done using water. And it is easy, and cheap to avail water, even cleaning and disposing off is simple. Due to all these reasons, azo dyes are cheap, easily produced, and widely used. Azo dyes are consistent compared to other natural food dyes. They are steady and firm, when compared to the pH series of food. They do not fade when exposed to light and oxygen, and are also heat resistant. Therefore, these factors are driving their demand.

Challenges – Azo Dyes Market

Toxicity of azo dyes

Color has an important role to play in the textile, food, printing, pharmaceutical, and cosmetic industries. Azo dye is extensively used as a coloring agent in most of the industrial processes. However, it has become a matter of debate regarding the toxic and carcinogenic components it contains. It has also posed a challenge for the textile industries for its removal from industrial wastewater. Azo dyes are consistent compared to other natural food dyes. In addition, the use of azo dyes in food products has been a matter of concern. Firstly, it has been noticed that the body goes through a reaction when it absorbs certain azo dyes. This reaction produces certain cancer-causing amines. The dye itself is not harmful. However, when it breaks down, the amine that is produced is dangerous. Therefore, stringent rules have been implemented to ban the dyes which have cancer-causing amines. Therefore, these factors are restricting azo dyes market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Azo Dyes Market. In 2019, the market of Azo Dyes Market has been consolidated by the top five players accounting for xx% of the share. Major players in the Azo Dyes market includes Huntsman, Archroma, Nippon Kayaku, Kiri Industries, BEZEMA, Kyung-In, Colourtex, Jay Chemicals, Everlight Chemical, Bodal Chemical, Sumitomo, Eksoy, Osaka Godo, Aarti Industries Ltd, among others.

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Alkyl Amines Market

Alkyl Amines Market Overview

Alkyl Amines Market size is forecast

to reach $7,110.2 million by 2026, after growing at a CAGR of 6.2% during 2021-2026.

Alkyl Amine is a versatile class of compound used in organic synthesis. The surging uses of alkyl amines across various applications like solvents,

pesticides

, feed additives, rubber processing chemicals, and

water treatment chemicals

are driving the growth of alkyl amines market.

Increase in the retail sector and prospering e-commerce industry is demanding for more packaging material that is influencing the significance of the Alkyl Amines market.

Whereas, the growing consumption of solvents from infrastructure and automotive sector further drives the demand for Alkyl Amines during the forecast period. Furthermore, growing demand of alkyl amines from the agriculture industry as a pesticide is also driving the market growth.

Report Coverage

The report:

“Alkyl Amines Market – Forecast (2021-2026)”,

by Industry ARC, covers an in-depth analysis of the following segments of the Global Alkyl Amines Market.

By Type:

Methylamines, Ehylamines, Butylamines, Propylamines, Amylamines, Cyclohexylamines and Others

By Process:

Alcohol-amine reaction, Aldehyde-amine and ketamine hydrogenation reaction, Ritter reaction, and Others

By Application:

Rubber Processing, Agrochemicals, Wastewater Treatment, Feed and food additives, Pharmaceuticals, Paper Chemicals, Surfactant, and Others

By Geography:

North America, South America, Europe, APAC, and RoW

Key Takeaways

In the Latin America region, Brazil is the major market for the alkyl amines owing to upsurge in the purchasing power of consumers and rise in corn, wheat, and sugarcane production and consumption across the country further drive the demand for Alkyl Amines.

Stringent government regulations and harmful effects of alkyl amines acts as a hindrance to the overall market growth.

Unstable economic condition, high transportation and maintenance cost of alkyl amines also cause major hindrance to the overall market growth.

Surging innovations in the pharmaceutical application is expected to provide new opportunities to growth of major market participants.

Alkyl Amines Market Segment Analysis - By Type

The

propylamines segment is projected to witness the highest CAGR of 8.2%

during the forecast period owing to the rising demand for propylamines from various end-use industry like pharmaceutical, petroleum, and plastic. As, propylamines acts as a regulating agent for plastics and an additive in the petroleum industry. In addition, it is also acting as an intermediate for pharmaceuticals, coating materials, and rubber chemicals. Thus, the growing investments in the pharmaceutical industry and developing petroleum industry in emerging nations like China and India further propels the demand for propylamines, which in turn drive the growth of this market.

Alkyl Amines Market Segment Analysis - By Process

The Ritter reaction segment is projected

to witness the highest CAGR of 7.8% d

uring the forecast period owing to its optical clarity and biocompatibility characteristics. The Ritter reaction is an organic reaction process that transforms a nitrile into an N-alkyl amide by using various electrophilic alkylating reagents. Whereas, the growing uses of Ritter reaction process in the formation of amines and amides of pharmaceutical use is expected to drive the market growth.Alkyl Amines Market Segment Analysis - By ApplicationThe

solvent segment held the largest share of more than 30% in the global market in 2020

. The growing uses of methylamine-based solvents for the production of C1-C6 alkyl amines drive the market growth. As these alkyl amines are used across various applications like rubber processing, water treatment, and feed additives. Furthermore, the surging consumption of C1-C6 alkyl amines in the agrochemical sectors as pesticide further drive the market growth. Whereas, growing uses of solvents for the production of spandex, polyurethane elastomers, and polyimide films further contribute to the market growth.

Alkyl Amines Market Segment Analysis - By Geography

Among the regions, the APAC region held the largest share of more than 45% in 2020 and is projected to witness the highest CAGR of 8.5% in the global Alkyl Amines market followed by North America and Europe during the forecast period. The growing disposable income, rise in population, and growing water treatment activities and surfactants propel the growth of this market in the APAC region. Furthermore, the growing demand for dimethylformamide (DMF) form electronics industry for the manufacturing of printed circuit boards majorly in China, Taiwan, South Korea, and Japan further drives the growth of this market across the country during the forecast period.

Alkyl Amines Market Drivers

Growing wastewater treatment plants globally

Alkyl amine is an effective surfactant that can act as biocides due to their ability to kill microorganisms. Alkyl amine also enhance the biocidal effect of chlorinated phenolic when they are applied in water. The use of alkyl amines improves the water quality and also acts as resistant to corrosion due to its property of oxygen scavenging. The growing wastewater discharge into the waterways where it creates health, environmental and climate-related hazards further drive the demand for water treatment plants. Whereas, the growth of wastewater treatment plants in the developed and developing regions drive the market growth. For instance, in 2019, in India, Delhi Jal Board awarded SUEZ the contract to build and operate a wastewater treatment plant with a capacity of 564,000 m3/day amounting a value of €145 million (around US$196 million). Moreover, in 2019, the South African Government has released 341 million Rand ($24.3 million) to rehabilitate several wastewater treatments plants in Mpumalanga province. Thus, the developments in wastewater treatment activities globally also turn drive market growth.

Alkyl Amines Market Challenges

Harmful effects of alkyl amine and high maintenance cost

Exposure to alkyl amines is corrosive to the eyes, skin, and lungs. Moreover, the toxic nature of Alkylamines further incurs high maintenance and transportation costs

. The harmful effects and high cost of alkyl amine acts as a challenging factor to the market growth. Additionally, fluctuating prices for raw materials and foreign currency can directly impact the overall market growth of alkyl amines. As Ethyl alcohol, ammonia and factory gasses are the primary raw materials used in the production of alkyl amines.

Emergence of COVID-19 the Pandemic

The pandemic is affecting operations of various industries such as agriculture, oil and gas, construction, packaging, and others. As, Alkyl Amines products are extensively used in these industries, the declining operations of these industries is directly affecting Alkyl Amines market growth. Moreover, it is expected that the outbreak of COVID-19 will be seen in the whole year of 2020, and a few months in 2021 and will have its major impact on the economy and global trade volume. According to World Trade Organization (WTO), global trade volumes are projected to decline between 13% and 32% in 2020 as a result of the economic impact of COVID-19.

Alkyl Amines Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Alkyl Amines market report. In 2020, the market of Alkyl Amines top 10 companies accounting for xx% of the share. Major players in the Alkyl Amines Market industry outlook is Taminco, Eastman Chemical Co., BASF SE, DuPont, Arkema, Luxi Chemical Co., Ltd., Feicheng Acid Chemicals Co. Ltd., Shandong Huala Hengsheng Chemical Co. Ltd., Koei Chemical Company, Mitsubishi Gas Chemical Company, and Alkyl Amines Chemicals Ltd., among others.

Acquisitions/Technology Launches

In November 2019, Alkyl Amines Chemicals Limited decided to sell Company's 29,77,996 equity shares representing 30.44% stake in associate company, Diamines and Chemicals Limited (Diamines).

In November 2019, Eastman Chemical Co. announced to increase the capacity for alkyl amines to meet growing global demand from various end markets such as home and personal care, water treatment, and animal nutrition.

For more Chemicals and Materials Market reports, Please click here

#Alkyl Amines Market

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flexible-battery-market

Technological development in the field of energy storage is driving the market for flexible batteries. Flexible batteries are the batteries which are developed specifically for flexibility. As compared to traditional batteries, these batteries are designed to be lightweight, flexible and feature in multiple applications such as smartphones, tablets and wearable devices. These applications demand lightweight batteries which can satisfy the increasing demand for power. The flexible battery market is fuelled by the growth of its application markets such as smartphones, wearable devices and others.

Other benefits of flexible batteries include longevity, safety and flexible technology. The flexible batteries utilize polymers in their construction along with an improvement in the conductivity. This enables them to be stretched and rolled as per need of the device application. However, the increased technological complexity warrants a high initial investment which may act as a restraint for the market.

Stacking

flexible battery

one over the other multiplies the voltage range and is best suited for devices with limited space. The demand for flexible battery has increased presently owing to advancement in technology with respect to portable electronic devices.

This report identifies the global

Flexible Battery market

size for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to the Flexible Battery market.

Asia Pacific is estimated to witness the highest growth in the flexible battery market owing to increasing penetration of portable devices among a huge population base.

This report segments Flexible Battery market on the basis of technology, chargeability, application and regional market as follows:

Flexible Battery Market, by Technology: Thin-film Li-ion, Flexible Lithium Polymer, Printed, Curved, and Paper Battery

Flexible Battery Market, by Chargeability: Chargeable and Non-Chargeable

Flexible Battery Market, by Application: Packaging, Smart Card, and Wearable Electronics

This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region.

Sample Companies Profiled in this Report are:

LG Chem Ltd.

Samsung SDI Co., Ltd.

Stmicroelectronics N.V.

Enfucell OY Ltd.

Paper Battery Co. Inc.

10+

#flexible-battery-market

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