Chemical

Self-Healing Materials Market Research Till 2025: Size, Chain Value Analysis and Segmentation

8 July 2019: The global Self-Healing Materials Market is expected to gain USD 4.1 billion by 2025. Self-healing products extend the shelf life of a material as well as base layer and recipient product. Commercially, the market witnesses an upward trend due to long-term benefits offered by self-healing materials as compared to conventional compounds. Self-healing materials industry is driven by factors such as advantages and features offered by use of self-healing materials coupled with thermal and mechanical properties add to the market growth in the forecast period.

By form, the self-healing materials market is segmented as extrinsic, intrinsic, capsule-based and vascular. Material segment for self-healing material market includes metals, asphalt, fiber-reinforced composites, ceramic materials, concrete and polymer. Concrete segment leads the market growth with a CAGR of 25.9% during the estimated period.

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Technological segment for self-healing materials industry include biological material systems, shape memory materials, microencapsulation and reversible polymers. Reversible polymers lead the market segment with an estimated CAGR of 26.4% during the forecast period. End-user segmentation for self-healing materials market comprises electrical & electronics, aerospace, and construction. Electrical & electronics segment is expected to account for a significant market share in the forecast period due to production of robust products.

Geographical segmentation for self-healing materials industry includes North America, South America, Europe, Middle East and Africa. APAC market is expected to grow at a remarkable CAGR in the forecast period due to rise in use of applications in automotive and construction sector. Change in market scenarios, favorable economic developments in India and China is likely to contribute to the market growth in the forecast period. Middle East and African regions are anticipated to rise at a higher CAGR due to rapid economic developments.

The key players in the self-healing materials market include High Impact Technology, Dow Chemicals, Michelin, Nissan, Huntsman, Akzo Nobel, Evonik Industries Corporation, PPG Industries, SENSOR Coating Systems Ltd, Fescon Oy, Volkswagen, BASF SE, Mac Dermid, Autotype Ltd, Autonomic Materials and Goodyear.

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Market Segment:

Product Outlook (Revenue, USD Million, 2014 – 2025)
• Concrete
• Coatings
• Polymers
• Asphalt
• Fiber-reinforced Composites
• Ceramic
• Metals

Technology Outlook (Revenue, USD Million, 2014 – 2025)
• Reversible Polymers
• Microencapsulation
• Shape Memory Materials
• Biological Material Systems

Application Outlook (Revenue, USD Million, 2014 – 2025)
• Energy generation
• Building & Construction
• Automotive & Transportation
• Electronics & Semiconductors
• Medical (Implants & devices)

Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa

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Chemical

Protective Textiles Industry Research Till 2025: Competitive Landscape, Growth Strategy and Market Dynamics

8 July 2019: Global Protective Textiles Market is anticipated to reach USD 7.78 billion by 2025. Protective textiles refer to the textile materials used to defend humans from dangers that may be artificial or natural. The hazards include cold, heat, rain, snow, ultraviolet light, micro-organisms wind, abrasion, and the effects of static current.

Protective Textiles

The factors that propel the growth of the protective textiles industry include growing concerns concerning protection of the workforce, and strict government rules regarding workplace protection. Protective textile has listed an increasing demand from diverse industries such as oil and gas, construction, and mining among others. On the other hand, there are factors that may hamper the growth of the market including high cost of protective textile. Protective Textiles Market is anticipated to grow at a significant CAGR of 3.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Protective Textiles industry may be explored by application and geography. The key applications that could be explored in the Protective Textiles Market include Mechanical protection, Heat& flame resistant, Health care garments, Chemical protection, Ballistic protection, Electrical protection, Space suits, and Others. The “Ballistic clothing” segment led the Protective Textiles Industry in 2016 and is anticipated to maintain its dominance by 2025 owing to growing terror threats across the world have elevated the procedure of defensive clothing and bulletproof jackets manufactured from specialty fabrics, which is anticipated to propel the industry development over the forthcoming period.

Europe accounted for the major share of the Protective Textiles Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes increasing construction and manufacturing industry. Europe is followed by Asia Pacific and North America. Furthermore, development in defense, mining, healthcare, aerospace and oil & gas, industries are estimated to generate demand for the protective textiles in the forecast period.

Some of the key players that fuel the growth of the Protective Textiles industry comprise DuPont, Royal Ten Cate NV, W. L. Gore & Associates, Inc., Kusumgar Corporates, DyStar Group, SchoellerTextil AG, ARGAR S.r.l, Madhuram Fabrics Pvt. Ltd., Teijin Limited, PBI Performance Products, Inc., and Marina Textil S.L. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Protective Textiles Application Outlook (Revenue, USD Million, 2014 – 2025)
• Heat & flame resistant
• Mechanical protection
• Chemical protection
• Electrical protection
• Ballistic protection
• Space suits
• Health care garments
• Others

Protective Textiles Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• U.S
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Middle East and Africa
• Central & South America
• Brazil

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Chemical

Ferrosilicon Market Analysis, Shares and Key Growth Opportunities Forecast 2025

4 July 2019: The global Ferrosilicon Market is anticipated to rise at a positive CAGR in the forthcoming period. Ferrosilicon market is driven by factors such as increasing demand for ferrosilicon and inoculant. Rise in consumption of steel products for construction and maintenance is likely to contribute to the market growth in the near future. Surging demands for silicon-slag, which is widely used in steel castings, contribute to the market growth in the forecast period.

Ferrosilicon

Application segment for ferrosilicon market includes inoculant and deoxidizer. Deoxidizer segment enjoys significant demand from the industry and is expected to drive the overall industry growth. Rise in demand for inoculant is anticipated to have a positive impact on the industry growth. With added features such as minimal formation of dross and low vulnerability to shrinkage formation, inoculants have a significant demand during the forecast period.

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End-use segment for ferrosilicon industry includes carbon, alloy steel, electric steel, and stainless steel. The steel industry accounts for a significant market share due to high demands for manufacture of various types of steel. Carbon steel coupled with the other steel segments is leading the market growth and accounts for more than 45% of the global market. Demand for steel product in the industry is normally driven by carbon and alloy.

Regional segmentation for ferrosilicon market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are expected to gain a prominent market share due to rise in steel and metal manufacturing industries. China and Russia being the major producers of alloy and steel determine the pricing trends in the industry.

Middle Eastern and African regions expect to rise at a prominent CAGR due to rise in overall production of crude steel and rising demand for alloy steel in deoxidization process. The key players in the ferrosilicon industry include Elkem AS, China National BlueStar Co Ltd, FerroAtlantica Group SA and AMG.

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Market Segment:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
• Deoxidizer
• Inoculants
• Others

End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
• Carbon & other alloy steel
• Stainless steel
• Electric steel
• Cast iron
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
• North America
• U.S.
• Europe
• Germany
• Russia
• UK
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

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Chemical

Decorative Coatings Market by 2022: Segmentation, Overview and Manufacturing Base

4 July 2019: The global Decorative Coatings Market size is expected to value at USD 106.97 billion by 2022. The market is subject to witness a substantial growth due to the growing construction activities, rapid urbanization, increasing population and growing infrastructural spending by both developing and developed economies across the globe.

Decorative Coatings

Growing constructional activities for shopping malls and business parks in the developing economies across the Asia Pacific region such as India, China, Malaysia, Thailand and Singapore are expected to drive the growth of the market in the upcoming years. Globally, the decorative coatings market is predicted to grow at CAGR of 6.1% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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Increasing demand for decorative coating from building & construction industry owing to the benefits associated with its use such as higher durability and attractive appearances of the surfaces are expected to influence market growth over the forecast period. Additionally, decorative coating also provides protection against harsh weather and external environmental factors such as ultra-violet radiation, high temperatures, acid rain and pollution particles. These factors are predicted to boost market demand for decorative coating during the forecast period.

The recent technological advancement and development of novel products has led to addition of superior properties such as protection from moisture, corrosion resistance, bacteria and heat resistance, thus escalating market progress, in the recent years. Growing need for environmental-friendly alternatives due to stringent laws and regulation by regional governments across the globe are expected to boost the growth of decorative coatings industry over the forecast period. Moreover, recent joint ventures, mergers and partnerships among number of major manufactures and vendors along with local industry players are anticipated to amplify market value in the upcoming years.

Strong economic growth in the developing economies, particularly in the Asia-Pacific region along with recent infrastructure development has led to high-end demand for decorative coatings, thus fostering market growth in the last few years. In addition, stringent environmental laws to regulate volatile organic compounds (VOCs) to improve indoor air quality in North America and European region is estimated to increase adoption of waterborne technology in domestic and commercial buildings over the forecast period.

However, frequent changes in cost of raw materials such as alkyd, epoxy, acrylic, and titanium dioxide is negatively hampering market growth, in the recent years. Additionally, environmental hazards with excessive use of solvent-borne coating is expected to acts as a major challenge for sustained market growth over the next seven years.

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The recent technological advancement in decorative coating industry such as Nano-TiO2 photo catalysts, green coatings and adoption of latest technology that limits drying time are estimated to expand market reach in the upcoming years. Furthermore, rising research & development by prominent industry players in the industry are projected to stimulate market growth as well.

Waterborne coatings is considered as one of the fastest growing segment in the decorative coatings market with substantial revenue generation in the last couple of years. Growing popularity of the waterborne coating market segment is attributed to the superior adhesion properties, heat resistance and abrasion properties.

The decorative coatings industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction activities in the region and existence of well-established manufacturing sector. Asia-Pacific region is predicted to hold major market share in the decorative coating market with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with growing constructional activities, strong economic growth, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the decorative coatings industry are PPG Industries, Inc., Sherwin-Williams Company, Akzo Nobel N.V., Nippon Paint and Valspar Co., Asian Paints Ltd., Berger Paints Ltd., Cabot Co., DAW SE, Jotun A/S, Masco Co., Benjamin Moore & Co., and Axalta Coating Systems Pvt., Ltd.

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Chemical

Ethoxylates Industry Research Till 2025: Competitive Landscape, Growth Strategy and Market Dynamics

2 July 2019: The global Ethoxylates Market is estimated to grow exponentially by the completion of the prediction period. The market was appreciated by US$ 10.87 Billion in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. The usage of Ethoxylates for balms and ointments expected to motivate the demand for the product above the prediction period. Growing demand for the product for industrialized uses for example, dampening means and anti-foam expected to motivate the demand for the product above the prediction period.

The Ethoxylates market on the source of Type of End use could span Lubricants & Emulsifier, Insecticides, Ointments & Emulsions, Detergents, Foam Control & Dampening Means, Herbicides, Personal Care, and Others. The subdivision of Detergents presented in various formulas for example cakes, liquid and powder, for the usage in numerous application. It is responsible for sizeable demand for the products. Mainly the market for Detergents, motivated by the increasing populace together with the growing alertness of the customers about sanitation and cleanliness.

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The Ethoxylates market on the source of Type of Application could span Oilfield Chemicals, Pharmaceutical, Domestic& Personal Care, Agrochemicals, Institutional & Industrial Cleaning. Better-quality way of life, greater per head earnings and increasing alertness about cleanliness & individual upkeep has displayed a growing demand for the domestic & personal care merchandises. Growing demand for little foam merchandises by the customers is likely to motivate the demand for the product above the prediction period.

Growing industrial development in the world together with growth in the development of substructure, mainly in the area of Asia Pacific, is likely to push the demand for cleaning, greasing means that practice such products. Accordingly, the subdivision is likely to record a CAGR of 3.5% during the prediction period.

The Ethoxylates industry on the source of Type of Product could span Glyceride Ethoxylates, Fatty Acid Ethoxylates, Alcohol Ethoxylates, Ethyl Ester Ethoxylates, Fatty Amine Ethoxylates and others. The increase in demand for Alcohol Ethoxylates such as an inoculant in the detergent manufacturing projected to take an optimistic influence on the development of the industry. The features for example exceptional preparation by means of extraordinary dampening and speedy disbanding together with decent capability of washing and small harmfulness for the water, estimated to expedite its usage in industrialized uses.

The Ethoxylates market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction spans North America [U.S.A, Canada and Mexico], Europe [France, Germany, U.K.], Asia Pacific [India, Japan, China, South Korea], Central & South America [Brazil, Argentina], Middle East & Africa [South Africa].

By the source of geography, the North American market is likely to observe continuous development above the prediction period owing to improved stress on the ingestion of individual upkeep products by the customers in the area. Greater per head earnings together with the readiness to expend on the individual upkeep products and domestic cleansers is expected to motivate the demand for Ethoxylates in the market.

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Extremely promising guidelines through Federation of Drug Administration together with greater blending possessions of the product is likely to motivate the demand above the prediction period. The market observed a finely tuned demand for Alcohol Ethoxylates owing to higher physical appearance and FDA endorsements for skin contact merchandises.

The market in Asia Pacific categorized by growth in the demand for the product owing to speedy growth of the end user manufacturing in emerging markets comprising South Korea, China, India, and Japan. The area is responsible for 31.1% stake of the international market because of greater capacities of ingestion recognized in the markets comprising Australia, India, and China.

The statement revises Trades in terms of intake of Ethoxylates in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are The Dow Chemical Company, Solvay, India Glycols Ltd, Stephan Company, Royal Dutch Shell Plc, Ineos Group Ltd., Sasol Ltd, Clariant AG, Huntsman International LLC, and BASF SE.

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Chemical

Glucaric Acid Market Growth Strategy, Business Overview and Market Feasibility Till 2025

2 July 2019: The global Glucaric Acid Market is estimated to touch US$ 1.30 billion by the completion of the prediction period. The market was appreciated at US$ 550.40 million in the year 2016. The prohibition on the usage of phosphates in the manufacturing of detergents owing to their poisonous characteristics, growing demand from manufacturing industries of foodstuff constituents, Detergents, soaps and its use such as de-icing, erosion inhibitors has augmented demand for Glucaric acid.

The demand for this acid is estimated to rise due to strict rules limiting the usage of unsafe chemicals, thereby restricting ecological destruction. Increasing manufacture of liquid detergent, it was the biggest end user of this product in the year 2016, estimated to perform an important part in boosting the demand in the market. The market estimated to develop at a CAGR of 10.1% for the duration of the prediction.

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The Glucaric Acid market on the source of Type of Application could span De-icing applications, Detergents, Erosion inhibitors, Foodstuff constituents, and others. The manufacturer of detergent is the biggest end user of this product tracked by manufacturing of foodstuff. The detergent manufacturing companies have observed increase in demand for the product owing to the prohibition on the usage of phosphates, mainly in liquid detergents. Increasing demand for recyclable detergents too projected to take an optimistic influence on the market above the subsequent eight years.

Glucaric acid’s use could, likewise, be traced in foodstuff constituents. It was responsible for 22.1% stake of the market by means of income in the year 2016. Increasing consciousness regarding the prominence of this product in keeping the stages of important nutrients has caused in augmented ingestion in daily mealtime. This has performed an important part in motivating its demand.

The Glucaric Acid market on the source of Type of Product could spanD-GlucaricAcid-1, 4-Lactone, Calcium D-Glucarate, Potassium Sodium D-Glucarate, Pure GlucaricAcid, and others. The Calcium D-Glucarate is estimated to develop at a CAGR of 8.4% by price, for the duration of prediction, because of widespread uses in the foodstuff manufacturing boosting the stages of minerals and vitamins in the body. Therefore, protecting the important body part; for instance, liver and lungs.

The D-GlucaricAcid-1, 4-Lactone, is one of the extensively utilized by-products. It is expected to develop at the subsequent maximum CAGR of 10.4% by means of price, for the duration of prediction. The product is utilized in the treatment of cancer. It has observed increasing demand from the developing medicinal subdivision of Asia Pacific, particularly from nations having a greater occurrence of this sickness, like in India and China.

The Glucaric Acid market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A], Europe [Germany, U.K.], Asia Pacific [Japan, China], Central & South America [Brazil], Middle East & Africa.

By the source of geography, Asia Pacific observed the maximum demand for Glucaric acid and its byproducts in the year 2016. This area is likewise estimated to develop at the maximum CAGR of 11.6% for the duration of prediction. Increasing demand for this product from the manufacturers of foodstuff and detergent, particularly in developing nations such as India and China, has boosted the development of the market above the subsequent eight years.

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Taiwan, China, and India are known to have plentiful of sources of raw material and inexpensive manual labor, as equated with North American and European nations. Therefore, most important companies comprising Rennovia and River top have set up production plants in these developing nations of Asia Pacific.

North America held the subsequent biggest stake of 22.6% by means of income, in the year 2016. It was the innovator in presenting this product. As it is a carbon-based product, the usage of Glucaric acid in this nation has been cheered by the governing organizations for example Environmental Protection Agency [EPA], additionally initiating the demand in the market.

The statement revises Trades in terms of intake of Glucaric Acid in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Shanghai Meicheng Chemical Co. Ltd., River top Renewables, Chemo’s, Rennovia Inc., and , Kalion Inc.

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Chemical

Carbon Fiber Market Report Key Highlights, Major Exhibits and Challenges To Know Forecast by 2025

28 June 2019: The global Carbon Fiber Market is expected to cross USD 6.36 billion by 2025. The carbon fiber industry witnessed growth trends in the carbon fiber, composite markets possessed identical features, and the significance was higher in terms of volume in 2016. Rise in end-user applications coupled with diversified uses of carbon fibers in various domains added to the market growth then. The growth trends exhibited positive traction owing to rising CAGR on yearly basis.

Carbon Fiber

At present, the carbon fiber market is driven by rise in demand for carbon fiber from automotive and aerospace industries and lightweight vehicles. In addition, the augmented demand for fuel-efficient vehicles coupled with stringent regulations by government pertaining to vehicle pollution is expected to drive the market growth. The carbon fiber industry is expected to gain a positive traction in the forthcoming period due to mass production of electronic items, automotive applications in cars and rise in industrial use.

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Carbon fiber market is segmented by raw material, inclusive of PAN-based and Pitch based. PAN based carbon fibers accounted for a higher CAGR in the forecast period owing to wider use in numerous applications. By tow size, the market segmentation includes small tow and large tow. Small tow carbon fibers are widely used for numerous applications owing to its versatile features.

By Application, the carbon fiber industry is segmented as sport equipment, aerospace & defense, molding & compounding, automotive, construction and pressure vessels. Aerospace & defense account for a significant CAGR in the forthcoming period due to extensive use of carbon fibers in production and assembling.

Geographical segmentation for carbon fiber market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America is expected to rise at a higher CAGR in the forthcoming period owing to presence of aircraft makers for commercial and defence purpose. Increase in automobile production emphasizing high performance cars is expected to drive the regional market. Europe is anticipated to be a large and rapidly growing market owing to stringent regulations emphasizing environmental pollution. The key players in the carbon fiber industry include BASF SE, Teijin Limited, Hexcel Corporation, SGL Group and Mitsubishi Rayon Co Ltd.

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Market Segment:

Carbon Fiber Raw Material Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
• PAN Based
• Pitch Based

Carbon Fiber Tow Size Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
• Small Tow
• Large Tow

Carbon Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
• Automotive
• Aerospace & Defense
• Wind Turbines
• Sports equipment
• Molding & Compounding
• Construction
• Pressure vessels
• Others

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Chemical

Resorcinol Market Survival Rate, Segmentation and Market Driving Factors Till 2025

28 June 2019: The global Resorcinol Market size is expected to value at USD 580.3 million by 2025. The resorcinol industry is subject to witness a substantial growth due to the growing adoption of resorcinol for production of rubber, wood adhesives and UV stabilizers, along with inherent advantages associated with the chemical. Growing demand from industries such as building & construction and automotive sector and the development of innovative products together are expected to drive the growth of the market in the upcoming years. Globally, the resorcinol market is predicted to grow at CAGR of 3.3% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

Resorcinol, termed as a 1,3-Benzenediol is a chemical adhesive, largely utilized for bonding purposes. Resorcinol is a byproduct of benzene. Crystallization of benzene results in formation of resorcinol. Resorcinol is highly soluble in ether, alcohol, and water. Some of the common applications of the resorcinol include dyestuff, personal care products, cosmetics, lightweight plastic, and rubber.

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Rise of the automotive industry and building & construction sector in the Asia-Pacific region is predicted to fuel the growth of resorcinol industry over the forecast period. Resorcinol is widely adopted for bonding purposes, involving rubber and reinforcing cords. Resorcinol is also used for manufacturing of various rubber products such as belt, tire, and rubber-coated fabric, thereby, soaring demand in automotive industries, in the recent years.

The rise in per capita income in developing economies across the globe has led to a rise in the demand for automotive vehicles. Significant investment by industry players in research & development of resorcinol coupled with introduction of innovative products in the market is anticipated to offer lucrative opportunities for industry players in the upcoming years.

Resorcinol acts as an intermediate for the production of light screening chemical, which is used for protection of plastics against ultra-violet rays. Resorcinol is also utilized for production numerous pharmaceutical products such as flame-retardants, fungicidal creams, ointments, and various agriculture chemicals.

Rubber is considered as one of the fastest growing segment in the resorcinol market with substantial revenue generation in the last couple of years. Growing popularity of the rubber market segment is attributed to the wide range of application portfolio of the chemical. Furthermore, introduction of environmental friendly products in compliance with governmental laws and regulation is expected to boost market growth in upcoming years.

Resorcinol is increasingly utilized for production of tires. Growing demand for resorcinol from automotive vehicle manufactures, bicycles, and aircraft manufactures are estimated to amplify market value for resorcinol in near future. Early adoption of adhesives enhances the rubber compound process stability. It also results in the increase of static as well as dynamic modulus of rubber. Use of resorcinol improves the overall steel cord adhesion property while not affecting vulcanization process of rubber; such factors are critical for augmenting consumer demand for resorcinol during the forecast period.

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Resorcinol normally acts as a strong adhesive, and is capable of surviving harsh environmental conditions. Additionally, inherent properties of resorcinol is expected to benefit the segment demand growth in near future as well. Wide adoption of resorcinol in various wood applications owing to the high chemical stability, resistance to solvents, saltwater, acids, and oil is further cementing the market growth. Resorcinol normally acts as a strong adhesive, and is capable of surviving harsh environmental conditions.

The resorcinol industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies, numerous governmental initiatives supporting market growth and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold a major market share in the resorcinol market with massive growth in forecast period. Countries such as India, China and Thailand are leading the Asia-Pacific market with rapid industrialization, substantial growth in the automotive sector, rise in the favorable laws & regulations by regional governments and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the resorcinol industry are Dynea AS, Sumitomo Chemical Co. Ltd., Atul Ltd., Sigma-Aldrich, AminoChem, Indspec chemical Co. and Mitsui Chemicals Incorporations.

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Chemical

Structural Foam Market | Size | Applications | Growth | Overview Forecast To 2025

26 June 2019: The global Structural Foam Market size is expected to value at USD 42.2 billion by 2025. The market is subject to witness a substantial growth due to the rising infrastructure activities, growing residential & commercial construction industry and substantial growth of retail sector. Additionally, the growing need for structural foam in material handling, automotive, and electrical & electronics industry from BRICS (Brazil, Russia, India, China and South Africa) countries are expected to drive the growth of the market over the forecast period.

Structural Foam

Globally, the structural foam market is predicted to grow at CAGR of 5.8% in forecast period, providing numerous opportunities for market players to invest in research and development in the market. Structural foams offer advantages such as lightweight and superior weight to strength ratio, mainly in comparison with the solid plastics. Such factors are largely influencing demand of the structural foams. Other advantages of structural foams include stability, conductivity, heat resistance, and toughness, which are vital in applications such as wind turbines, automobile equipment, and insulation purposes.

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Increasing adoption of structural foams in material handling equipment that is commonly used for small distance travel for industrial goods within the production plant, thus expanding overall market reach of the structural foam industry over the forecast period. Other applications of the structural foam include packaging services, shipbuilding, wind power, and consumer goods, such factors are playing critical role in the growth of structural foam market in the last couple of years.

However, variation in the cost of the raw materials and shifting preference towards biodegradable plastics as a reliable substitute replacing non-biodegradable foam are expected to limit market growth over the forecast period. Yet, large corporations are increasingly setting up supply partnerships and implementing forward and backward integration in the supply chain network, thus driving market growth in the last couple of years. Although, changing fuel prices, increasing demand for premium quality products at cheap rates and growing competition in the market are further restraining market progress to a certain extent.

Polyethylene is considered as one fastest growing segment in the structural foam industry with substantial revenue generation in the last couple of years. Growing popularity of the polyethylene foam market segment is credited to the factors such as lightweight, durability, heat resistance and a closed-cell material composition. Polyethylene is widely used in the packaging of delicate products and automobile parts, thus fostering market value in the recent years.

Rigid polyurethanes has also witnessed substantial growth in the last couple of years owing to increase in adoption as a structural material. Rigid polyurethanes has also displayed important properties such as toughness, lightweight, and resilience. Rigid polyurethanes also provide protection against chemical reactions and moisture effects thus making it an ideal choice for various application such as building & product insulation.

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Growing demand for structural foams in the automobile sector are expected to fuel market growth over the forecast period. Additionally, introduction of lightweight composites and its advantages are expected to boost market demand for structural foam in upcoming years as well. Recently, integration of the structural foam into various parts of a vehicle like body-side joints, chains, ledges, under body cross-vehicle frame, longitudinal frames or frame bars, machine cradles, body-side rails, door panels and hydro-formed reinforcements.

The structural foam market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in construction & building industry and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the structural foam industry with massive growth in forecast period. Countries such as India, China and Indonesia are leading the Asia-Pacific’s market with high economic growth, ever-growing population, increasing standard of living, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the structural foam industry are Armacell International S.A., Diab International AB, Evonik Industries AG, Covestro AG, and Gurit Holding AG.

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Chemical

Marine Grease Market; Global Industry Analysis by Size, Shares and Growth Factors

18 June 2019: The global Marine Grease Market size is expected to value at USD 348.4 million by 2025. The market is subject to witness a substantial growth due to the growing demand for shipping services across the globe, and rising international trade. Additionally, rise in number of new waterways and rapid growth in the ship building industry are some of the critical factors responsible for the growth of marine grease industry in upcoming years. Globally, the marine grease market is predicted to grow at CAGR of 4.4% in forecast period, providing numerous opportunities for market players to invest in research and development in the marine grease industry.

Marine Grease

Increasing application of marine grease in the shipping industry is attributed to its advanced properties. Some of these advanced properties include high pressure additives, high load carrying capacity, broad temperature range, high mechanical strength, resistance to temperature changes, resistance to erosion, long lubrication intervals, high melting point, and water resistance. Such properties enhances overall performance of the system. Growing demand for transportation system and rising import & export among various economies across the globe are expected to fuel market growth over the forecast period.

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Furthermore, rapid industrialization, and increasing demand from various end-user market segment is further propelling market growth, in the recent years. Growing popularity of marine grease among various end-user market segment is credited to factors such as enhanced output efficiency of the engine, machinery, and several components installed in the ship. Marine grease decreases the friction in-between various rotational machine elements thus increasing overall output of the system.

Marine grease easily gels up with water, which is critical in case of water leakage. Growing demand of the lithium complex grease in the shipping industry is anticipated to boost market growth in near future. However, stringent rules and regulation in regards to the uncontaminated aquatic environment around the globe is predicted to limit market growth to certain extent in upcoming years. Different kinds of marine grease that are extensively adopted as a lubricant in shipping industry include lithium complex grease, calcium complex grease, polyuria grease, aluminum grease, oregano clay grease, and sodium grease. Lithium complex grease offers a rare additive solution that provided maximum lubrication during the most critical operations.

Application of the marine grease include various shipping operations like outboards, trailer wheel bearings, trailer chassis lubrication, and wheel bearings. The calcium thicker type is considered as one of the fastest growing segment in the marine grease market with substantial revenue generation in the last couple of years. Growing popularity of the calcium thicker type market segment is credited to the high water resistance and protection against oxidation and rust. Some of the common application of calcium thicker grease include boat trailer, wheel bearings, and trailer chassis lubrication.

Marine Grease is largely utilized in order to achieve superior lubrication in various shipping operations and protection oxidation and rust in marine applications. Marine grease is increasingly used in leisure craft and industrial marine fleets. Some of the important application of the marine grease involves gears, stern drives, prop shaft splines, steering tubes and cables. Marine grease is also used in throttle lines and linkages, dog seals and trunion steering mounts.

The marine grease industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the adoption of latest technologies and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the marine grease market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with rapid industrialization, development of new waterways, rise in the coastal economies and significant investment by leading industry players considering potential opportunities in the region.

The key players in the marine grease industry are British Petroleum plc, Chevron Lubricants, Inc., Exxon Mobil Co., Gulf Oil Marine Limited, Lucas Oil Products Incorporations, Lukoil Marine Lubricants Ltd., Old World Industries, LLC, Penrite Oil Corporations, Royal Dutch Shell Company plc, Total Lubmarine Ltd., and Warren Oil Company, LLC.

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