Ethanolamines Market Challenges, Key Players, Industry Segments, Development, Opportunities, Forecast Report 2021

Eethanolamines market to 2022 has been driven by the range of its application in various sectors such as detergents, chemical intermediates, herbicides, and others. Moreover, it is estimated that the detergents segment is set to witness the highest growth in the market due to its growing demand in various end-user applications over the forecast period.

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Ethanolamines Market

Top 10 global key players and their strategy: Some of the prominent players operating in the global ethanolamines market are BASF SE (Germany), The Dow Chemical Corporation (U.S.), Akzo Nobel N.V. (the Netherlands), Huntsman Corporation LLC (U.S.), LyondellBasell Industries Holdings B.V. (U.S.), Sintez OKA Group of Companies (Russia), INEOS (U.K.),  SABIC (Saudi Arabia), Jiaxing Jinyan Chemical Co. Ltd. (China) and China Petroleum & Chemical Corporation (China) among others. Global Ethanolamines Market research report published by Market Research Future sharing details on Market Analysis, new Technology, Scope, Stake, Progress, Trends and Forecast up to 2023.

Ethanolamines are organic compounds produced by the reaction between ethylene oxide and ammonia. They are composed of amino acids. Monoethanolamine, diethanolamines, and triethanolamines are the three types of products manufactured in the market. These products are known for their colorless and viscous features, along with the comparable odor of ammonia. The improving standard of living and growing demand for the product are the important factors which are influencing the market positively. Due to these factors, they are used in various applications such as detergents, chemical intermediates, herbicides, metal cleaning, and others.

The North America region is growing significantly in the market due to the presence of high standard of living and increasing production of cosmetic products. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing consumption of triethanolamines in dyes, shampoos, cleansers, and others has propelled countries such as the U.S., Canada, and Mexico to achieve a stunning growth in the market as they provide excellent flexibility, stability, and durable nature to the product.

Intended Audience: Ethanolamines Market

  1. Ethanolamines market manufacturers
  2. Traders and Distributors of Ethanolamines market
  3. Production Process Industries
  4. Potential Investors
  5. Raw Material Suppliers
  6. Nationalized Laboratory

Segment Analysis

The global ethanolamines market is segregated into the product and application segments. The market by type is classified into monoethanolamine, diethanolamines, and triethanolamines segments. The market by application segment is bifurcated into detergents, chemical intermediates, herbicides, metal cleaning, gas treatment, cement, personal care, textiles, and others.

  1. Company Profiles

11.1 BASF SE

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

 

11.2 The Dow Chemical Corporation

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Akzo Nobel N.V.

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Huntsman Corporation LLC

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 LyondellBasell Industries Holdings B.V.

……….to be continue………

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Regional Analysis:

The ethanolamines market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for the diethanolamines in detergents, chemical intermediates, herbicides, metal cleaning, and others. The increase in disposable income coupled with rapid urbanization has propelled the region to witness a higher growth over the assessment period. Countries such as China, Japan, and India are the major players in this market.

The North America region is growing significantly in the market due to the presence of high standard of living and increasing production of cosmetic products. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing consumption of triethanolamines in dyes, shampoos, cleansers, and others has propelled countries such as the U.S., Canada, and Mexico to achieve a stunning growth in the market as they provide excellent flexibility, stability, and durable nature to the product.

The European market has received a diminishing growth due to stringent rules and regulations implemented by regulatory bodies to follow non-volatile products in end-uses. The manufacturers and investors are shifting their focus to produce bio-based alternatives in major sectors. It is estimated that the growing innovation and technological advancement are predicted to propel the growth in countries such as the U.K, Italy, Germany, and France during the forecast period.

Rheology modifiers Market: Global Industry Analysis and Opportunity Assessment 2018-2023

Market Scenario

The organic segment is the most widely used type in the market due to its growing consumption in heavy end-use industries such as paints & coatings, cosmetics & personal care, and other sectors. Moreover, it is estimated that this segment is set to dominate the market due to sag resistance, and high quality offered by the product.The paints & coatings sector is the leading application segment in the market and is anticipated to observe a higher CAGR due to extensive use of the product to impart high-temperature resistance, glossy finish, efficiency, and other features to the product.

Rheology Modifiers are agents used for the production of inks, paints, and others. They are extensively used in end-use industries to improve the physical features, impart thermal stability, and high quality to the final product. Moreover, they also provide reliability and versatility to the product. The Global Rheology Modifiers Market is driven by the scope of its application in various sectors such as paints & coatings, cosmetics & personal care, adhesives & sealants, and others. Moreover, the paints & coatings segment is set to grow at a higher CAGR owing to the boundless use of adhesives in the sector.

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Market Segmentation

The Global Rheology Modifiers Market is segregated into the type and application. The market by type is classified into organic and inorganic segments. The market by application is bifurcated into paints & coatings, cosmetics & personal care, adhesives & sealants, home care, institutional & industrial products (hi&i) products, construction, inks, pharmaceuticals, and oil & gas.

Among the various segments in rheology modifiers market, the organic segment is the leading type used in the market and is anticipated to continue its dominance over the assessment period. They are extensively used in end-use industries, as they impart shear thinning, sag control, heat stability, and other features to the final product. The growing demand for the product in paints & coatings, cosmetics & personal care, and others are set to drive the market in the next couple of years. Moreover, the increasing popularity of digital media and growing people’s inclination towards the internet, electronic publications, catalogs, and others, are hampering the growth of modifiers in the market. The market by application is segregated into paints & coatings, cosmetics & personal care, adhesives & sealants, home care institutional & industrial products (hi&i) products construction, inks, pharmaceuticals, oil & gas, and others. The paints & coatings segment holds a major portion of the market owing to the boundless use of product due to advantages offered such as high standard performance, thermal stability, and others. Moreover, the increasing demand for rheology modifiers in cosmetics & personal care, adhesives & sealants, pharmaceuticals, oil & gas, and other sectors are projected to drive the market during the forecast period.

Regional Analysis

Geographically, Rheology Modifiers Market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the majority of the market share due to advantages offered by the product such as flexibility, unique elongation and growing consumption of rheology modifiers in major industries. North America is set to expand at a significant rate owing to growing demand for the product in cosmetics & personal care, adhesives & sealants, and other sectors. In this region, the growing infrastructure development and an increase in the production capacity are driving the market. Due to these factors, the demand for the product is growing in the region. The rise in construction, oil & gas, pharmaceutical, and other sectors has driven the market in the European region. Due to boundless use of the product in major industries, Latin American region is estimated to witness a remarkable growth in the market. The rising demand for rheology modifiers in paints & coatings, oil & gas, and construction sectors is projected to drive the market in the Middle East & African region during the forecast period.

Regional Analysis 

The rheology modifiers market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for the product in paints & coatings, cosmetics & personal care, and others. The paints & coatings segment holds the major portion and is anticipated to continue its dominance in the market due to increasing consumption of the product in various applications such as architectural paints, water-borne industrial coatings, and others. Therefore, countries such as China, Japan, South Korea, and India are the major players in this market.

Thermal Barrier Coatings Market |Trends, Size, Top 10 Key Players & Forecast to 2023

Thermal Barrier Coatings Market Overview to 2023

Thermal Barrier Coatings belongs to a class of coverings which are applied on the metallic surface to offer excellent flexibility, heat stability, and chemical resistance to the finished material. Moreover, they also provide versatility, reliability and durable nature to the product. The ceramics segment is the most widely used type in the market due to its growing consumption in heavy end-use industries such as automotive, aerospace, aviation, industrial, and others.

Key Players:

Some of the prominent players operating in the Global Thermal Barrier Coatings Market are Praxair Surface Technologies, Inc (U.S.), Metallisation Ltd (U.K), Flame Spray Coating Co. (U.S.), Metallizing Equipment Co. Pvt. Ltd. (India), Air Products and Chemicals, Inc. (U.S.), Precision Coatings, Inc (U.S.), ASB Industries, Inc. (U.S.), CTS (U.S.), H.C. Starck GmbH (U.S.), and THERMION (U.S.A), among others.

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Moreover, durability, wear resistance and phase stability are the major factors behind the popularity of this segment. The increasing use of ceramic type, yttria-stabilized zirconia in major industries is estimated to drive the market during the assessment period. The Global Thermal Barrier Coatings Market has been driven by the range of its application in various sectors such as stationary power plants, automotive, aerospace, aviation, and others. Moreover, it is estimated that the automotive segment is set to witness the highest growth in the market due to the growing consumption of heat resistant materials in the sector over the forecast period.

Intended Audience

  • Thermal Barrier Coatings Manufacturers
  • Traders and Distributors of Thermal Barrier Coatings
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Market Segmentation:

The Global Thermal Barrier Coatings Market is segregated into the product, technology and application. On the basis of the product, the market is further categorized into metal, ceramic, intermetallic segments. On the basis of technology, the market is segmented into high velocity oxygen fuel, electron-beam physical vapor deposition, chemical vapor deposition, air plasma. On the basis of application, the market is classified into stationary power plants, automotive, aerospace, aviation, and others.

Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Thermal Barrier Coatings Market

5 Industry Overview Of Global Thermal Barrier Coatings Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

………..to be continue…….

Market Scenario:

The ceramics segment is the most widely used type in the market due to its growing consumption in heavy end-use industries such as automotive, aerospace, aviation, industrial, and others. Moreover, durability, wear resistance and phase stability are the major factors behind the popularity of this segment. The increasing use of ceramic type, yttria-stabilized zirconia in major industries is estimated to drive the market during the assessment period.

If any concern, Ask to our Expert @ Thermal Barrier Coatings Market

Segmental Analysis:

The Global Thermal Barrier Coatings Market is segmented into product, technology and application. On the basis of product, the market is further categorized into metal, ceramic, intermetallic. Among these, the ceramic segment holds a majority of the market share due to its extraordinary features offered by the product such as antioxidant, wear and corrosion resistance. Due to these factors, yttria – stabilized zirconia is the most popular ceramic type in the end-use industries. The market by technology is further categorized into high velocity oxygen fuel, electron-beam physical vapor deposition, chemical vapor deposition, air plasma segments.

 

Toluene Market Lucrative in End-Use Industries & Growth During Period 2018-2027

Toluene Market Overview to 2023

The Toluene market appears to be competitive with the presence of several large and small players functioning in the global market. These major players are participating in the market on the basis of price, composition, quality, technology and innovation. Toluene market is attributed to grow at a higher CAGR and likely to attract many entrants in the market resulting into healthy competition in the future. Manufacturers functioning in the toluene market are struggling to respond to the growing demand for the product in automotive, cosmetics, pharmaceuticals, and others. They ensure to produce best quality products based on feedstock, efficiency, performance and factors that are trending in the market.

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Competitive Analysis

Global Toluene Market 2018 to 2027 focus on business Intelligence for revenue-generating processes, market research future illustrated some of the typical ways that is used to improve key revenue generation processes. Fundamentally, Toluene market analysis, new technology, scope, stake, progress, trends and opportunities are about using detailed and specific business information about client.

Top 10 Global key Players & Their Strategy

The key players profiled in global Toluene market report include BASF, BorsodChem, Shanghai Dinghan Chemical co Ltd, Shell chemicals, Exxon Mobil, China National Petroleum Corporation, Dongjin Semichem co ltd, Royal Dutch Shell, Reliance Industries and BP

Toluene Market– Market Overview 

  • To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global Toluene market
  • To provide insights about factors affecting the market growth
  • To analyze the global Toluene market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segment by key crops.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Toluene market

Industry/ Innovation/ Related News:

October 12, 2017 – BASF SE (Germany), one of the prominent producers of toluene, announced that the company has withdrawn its TDI( toluene diisocyanate) plant in Germany. The presence of dichlorobenzene in final product has led the company to take this decision. Due to this, about 50 customers were affected because dichlorobenzene is termed as a highly dangerous chemical for human beings surviving in the environment. The major reason behind this problem was the technical defect caused during production. Due to this disaster, the company has decided to stop its production and this decision was predicted to hinder market growth in Europe. 

Intended Audience

  • Toulene manufacturers
  • Traders and Distributors of toulene
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Regional Analysis          

Geographically, Asia Pacific region holds the major portion of global toluene market. China is still the leading country in the market owing to growing expansion of production and infrastructure facilities in heavy end-use industries. Increasing consumption of polystyrene and polyurethane foams in cosmetics, pharmaceuticals, and others has boosted the toluene market demand in Malaysia, Japan and Thailand. North American region is set to grow at a higher CAGR owing to growing demand for lightweight products in automotive and packaging sectors. Additionally, the European region has witnessed a significant growth due to adoption of product in buildings & construction, consumer goods, and others.

Acetone Market Growth Model of Top 10 Companies, Potential Investor Strategy,

Acetone Market Overview to 2023

As acetone solvent is majorly used in the manufacturing of medicines, it is anticipated that this factor will drive the acetone market in the forecast period in this region. In the Middle East, demand for construction and paints & coatings industries are boosting the acetone market in the forecast period. Saudi Arabia and the U.A.E has positioned themselves as a travel hub will positively affect the present and future construction activities. As acetone solvent is widely used in the paints and coatings, which is anticipated to be the major driver in the forecast period.

Acetone market is categorized on the basis of application, end use industry, and region. On the basis of application, the acetone market is categorized into methyl methacrylate, bisphenol A, and solvent. On the basis of end use industry, the market is segmented into pharmaceuticals, personal care, paints & coatings, plastics, construction and electrical & electronics. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

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Global Top 10 Key Players

Some of the prominent players operating in the global acetone market are INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands), The Dow Chemical Company (U.S.), Cepsa (Spain), Mitsui Chemicals, Inc. (China), Altivia (U.S.), LCY GROUP (Taiwan) Formosa Chemicals & Fiber Corporation (China), Prasol Chemicals Pvt. Ltd. (India) and EMCO Limited (India) among others

Acetone is a clear, colorless, volatile fluid with a sweet scent. Acetone is most commonly prepared by means of cumene peroxidation, as a coproduct with phenol. Its fundamental substance in the production of acetone cyanohydrin for methyl methacrylate (MMA), bisphenol A (BPA). It has applications such as heavy metal degreaser, cleaning tools and chemical peeling in the pharmaceuticals, personal care, paints & coatings, plastics and construction end use industries. Acetone is used in the production of methyl methacrylate which is in turn an intermediate in the production PVC (Poly Vinyl Chloride) where it is used in the manufacture of plastics.

Intended Audience:

  • Acetone manufacturers
  • Traders and Distributors of acetone
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Acetone is used in the production of polycarbonate which is a raw material in the manufacturing of insulation for electrical & electrical applications. MMA is used in the manufacture of acrylic sheet used in the construction industry. Bisphenol A is a raw material for the production of epoxy and polycarbonate resins. Acetone due to high solvency and a high rate of evaporation. It can be found in many everyday products including paints, cleaning fluids, nail polish remover, and adhesives.

North American acetone market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In North American region, the U.S. & Canada is predicted to be the major contributors in the regional growth of acetone market and is expected to see a significant demand for acetone during the forecast period, 2017 to 2023. Increasing demand for electrical & electronic appliances and pharmaceuticals are the factors driving the market.  In Europe, the demand for acetone is predicted to grow in various countries such as Italy, Germany, Spain, UK, France, and Russia on account of increasing expenditure in innovation in health care and cosmetic products and growing purchasing power of consumers. Heavy investment in healthcare in order to provide public service, there is an opportunity for the pharmaceuticals manufacturers and suppliers to sell their products in this region.

Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness substantial growth owing to increasing consumer spending on passenger cars as well as involvement of new technologies and inventions in isoprene. Moreover there is a political crisis in the emerging economies of this region. Financial debt of these countries has crossed their earnings is the major restraint for the acetone market to grow in the forecast period.

 

 

Fiber Cement Market 2018 to 2027 Booming Trends, Share, Growth & Forecast

Fiber Cement Market Overview 2027 

The major growth drivers which has pushed the global Fiber Cement Market are increasing construction activities across the globe along with rapid industrialization has also pushed the overall demand. Rising construction in Asia-Pacific is one of the major growth factor and also it has created largest share in the same market. The high investment and setting up cost are creating hurdles to the growth of this market.

Fiber Cement Market- Top 10 Global key Players & Their Strategy

The prominent market players in this market research report are

  • Cembrit Holding
  • Plycem Corporation
  • Nichiha Corporation
  • The Siam Cement Public Company Limited
  • CSR Limited
  • Toray Industries Inc
  • Compagnie De Saint Gobain
  • Evonik Industries
  • James Hardie Industries
  • Etex Group and others

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Competitive Analysis

  • To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Fiber Cement Market
  • To provide insights about factors affecting the market growth
    To Analyze the Global Fiber Cement Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segment by applications, materials and end-users

Segmentation Analysis

The Global Fiber Cement Market is segmented into applications, materials and end-users. On the basis of application the market is segmented into Siding, Roofing, Molding & Trim and others. On the basis of materials the market is segmented into Cellulosic Material, Sand, Portland cement .

The report for Fiber Cement Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

 

1, 3-Propanediol Market to 2023 | Evolving Technology, Trends and Industry Analysis

Synopsis of 1, 3-Propanediol Market

1, 3-propanediol is a class of specialty compounds, a colorless liquid that is miscible in water. These compounds can be produced either by hydration of acrolein or by hydroformylation of ethylene oxide. 1, 3-propanediol is mainly used as a feedstock in the production of various chemicals and materials. These high specialty compounds find its applications in the production of polytrimethylene terephthalate (PTT), polyurethane, cosmetics & personal care, and household cleaners. The other niche applications include engine coolants, de-icing fluid, and heat transfer fluid among others.  

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Key Players

DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and Zouping Mingxing Chemical Co., Ltd (China),  Royal Dutch Shell (Netherland), Shanghai Jinjinle Industry Co., Ltd (China), Zouping Mingxing Chemical Co.,Ltd (China), Salicylates And Chemicals Pvt. Ltd (India), and Chongqing Kunlun Chemical Co., Ltd (China) among others.

The growing demand for polytrimethylene terephthalate (PTT) in various end-use industries is anticipated to be the major factor driving the global 1, 3-propanediol market during the assessed period. Glycerol is a byproduct of the biodiesel production process, which is a prominent raw material in the production of 1, 3-propanediol. Hence, the growing production of biodiesel is expected to positively affect the growth of the global 1, 3-propanediol market. The volatility in crude oil prices along with the growing environmental regulations has resulted in investment in the research and development activities for the production of bio-based 1, 3-propanediol. This is anticipated to be a major opportunity for the market growth. Biobased 1, 3-propanediol is a FDA certified biobased product, which can be used in many applications such as functional & deicing fluid, coatings, cosmetic & personal care, home care, polymers, and fibers among others.  

The global 1, 3-propanediol market is anticipated to grow at a CAGR of over 9% during the given period.  Among the various application segments in 1, 3-propanediol market, the polytrimethylene terephthalate (PTT) followed by polyurethane is dominating  the market and is anticipated to continue its dominance over the forecast period. polytrimethylene terephthalate (PTT) is extensively used in the production of cosmetic & personal care products, home care products, engine coolants, and heat transfer fluids among others, whereas polyurethane is mainly used in the building & construction and automobile industries.

Regional Analysis 

The 1,3 propanediol market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, North America was the leading region in 2016 and is expected to retain its dominance over the forecast period. The growing demand for PTT in the developed end use industries is expected to fuel the market growth during the review period. Moreover, the growing inclination towards the use of biobased products along with the prevalence of stringent environmental regulations has increased the production of biodiesel mainly in the U.S. and Canada, which, in turn surging the market growth of 1,3-propanediol. For instance, according to the U.S. Energy Information Administration, the production of biodiesel in the U.S. was 144 million gallons in 2016, and it increased to 148 million gallons in December 2017.  

The growing biodiesel production is expected to positively contribute to the market growth owing to the use of Glycerol (a byproduct of biodiesel production process) in the manufacturing of 1,3-propanediol.  Asia Pacific is anticipated to be the fastest growing market during the forecast period.  The growing demand for cosmetics & personal care and household care products is anticipated to boost the market growth. Furthermore, with the growing investment in the development of retail sector has made the availability of consumer goods easier, which, in turn, is surging the demand for 1,3-propanediol from the personal care and home care industry. 

The European market is anticipated to show a steady CAGR during the forecast period . The developed automobile and cosmetic & personal care industry is expected to be the key factor driving the market in this region. Moreover, the growing inclination towards the production of biodiesel is another factor increasing the demand for 1,3 propanediol in the region.

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Segmental Analysis

The global 1,3 propanediol market is segmented into application and region. On the basis of the application, the global market of 1, 3-propanediol is further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid and others. On the basis of the region, the global 1, 3-propanediol market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Polyphenylene Sulfide Market |Trends, Size, Top 10 Key Players & Forecast to 2023

Polyphenylene sulfide (PPS) is an organic, semi-crystalline polymer containing aromatic rings attached to sulfide. Polyphenylene sulfide exhibits features such as high chemical resistance, thermal resistance, flame retardant, electrical conductivity, low moisture absorption, low viscosity, recyclability, and dimensional stability. PPS is filled with fillers and fibers to overcome the brittleness, which increases the overall cost. It is 100% recyclable and environment-friendly, which makes it an effective solution to the carbon emission issues concerned with other polymers. This property is likely to increase the product demand from the automotive and electrical industries during the forecast period.

Key Players

Some of the key players in the global polyphenylene sulfide market are Tosoh Corporation (Japan), TORAY INDUSTRIES, INC. (Japan), Celanese Corporation (U.S), SK Chemicals (South Korea), Solvay (Belgium), KUREHA CORPORATION (Japan), Polyplastics Co., Ltd. (Japan), DIC CORPORATION (Japan), Chevron Phillips Chemical Company (U.S), Haohua Honghe Chemical Co., Ltd. (China), Kotec Corporation (Japan), TEIJIN LIMITED (Japan), NHU Materials Co. (China), SABIC (Saudi Arabia), and Aetna Plastics Corp. (U.S).

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Intended Audience

  • Polyphenylene Sulfide Manufacturers
  • Traders and distributors of Polyphenylene Sulfide
  • Research and development institutes
  • Potential investors
  • Raw material suppliers
  • Nationalized laboratory

PPS is widely applicable in the aerospace industry such as ducting, panels, seat frames, and fasteners. The demand for PPS is expected to increase in the automotive sector owing to its application in carburetors, coolant systems, pistons, ignition parts, and others. It is an excellent substitute for heavy metals such as steel, bronze, aluminum, and others. Thus, increasing efforts by automakers to reduce weight and increase fuel efficiency is expected to drive the market growth.

The growing product development for applications such as cooking appliances, hair dryer components, and others has positively favored the market growth. The filter bag produced using PPS is one of the best filter materials available, which is used in thermal, steel, iron, chemical plants, and others. Furthermore, growing demand for the product in the manufacturing of healthcare and laboratory equipment is likely to fuel the market growth. The increased usage of the product in chemical processing and food processing equipment such as heat exchangers and non-stick cookware respectively are anticipated to drive the market growth during the review period. For instance, Celanese Corporation introduced latest compounds namely Celstran High Flow LFT, Hostaform M25IE POM, Fortron Flexible PPS, Celapex High Flow PEEK, and MetaLX wherein; flexible PPS is consumed for fasteners, clips, tubes, and cable ties. This material can also be used for complex automotive and industrial systems due to its high durability and heat resistant nature. Similarly, DIC corporation introduced a new PPS Compound ‘LP-150-LDS’ which is used in molded interconnect device (MID) for the formation of circuits on 3D molded compounds built by direct laser structuring (LDS) technology. Furthermore, with new innovation and development in technology, companies can achieve a sustainable growth. However, the volatility in raw material cost and the threat of substitution with polyamide, PEI, and others are likely to slow down the market growth. 

Regional Analysis

The global polyphenylene sulfide market is spanned across five key regions namely Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific is anticipated to show a considerable growth due to the presence of a large number of automotive, electrical & electronics, and coating sectors in India, China, and Japan. The presence of automotive manufacturing bases such as Honda, Nissan, and Toyota coupled with increasing demands for sedans and SUVs are projected  fuel the market growth in this region. Countries such as Thailand and South Korea are major contributors to the market growth due to the high production of automobiles.

North America is expected to witness a significant growth on account of the automobile industries along with the expanding aerospace sector. The technological advancements and increasing investments will be advantageous to the market growth. The demand for commercial aircraft is anticipated to rise in emerging economies due to the high focus on regional connectivity. European region has witnessed stagnant growth owing to limited production application in coal and thermal plants along with stringent regulation of government. Latin America is another substantial region propelling the market growth due to the growing automobile sector, especially in Mexico.

Segmentation

The global polyphenylene sulfide market is categorized on the basis of type, applications, and region. On the basis of the type, the market is segmented into virgin and recycled categories. Though the recycled products are cheap, they have inferior properties, high impurities, and environmental risks. Because of these reasons, the demand for the virgin product will increase during the review period. Based on the application segment, the global market is divided into automotive, electrical & electronics, industrial applications, filter bags, coatings, and others.

High Strength Steel Market 2018 to 2023 | Application, Types & Regional Analysis

Synopsis of High strength steel Market:

Steel is an alloy of carbon, iron, and other elements, which is extensively used in the infrastructure, buildings, machinery, ships, automobiles, and weapons among others. High strength steels are a class of steel that possesses better chemical and mechanical properties. These high strength has better resistance to corrosion & chemicals and is manufactured to meet specific mechanical properties, unlike normal carbon steel.  High strength steel has a carbon content of around 0.05 to 0.25 %, and other alloys include manganese (around 2%), copper, niobium, nickel, and others.

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Key Players

Some of the prominent players operating in the global high strength steel market are Arcelor Mittal (Luxembourg), United States Steel Corporation (U.S.), Voestalpine AG (Austria), SSAB (Sweden), Shandong Steel Group (China), SAIL (India), Tata Steels (India), Nippon Steel and Sumitomo Metal Corporation (Japan), POSCO (South Korea), Wuhan Iron and Steel Corporation (China), Tata Steels Limited (India) and Nippon Steel & Sumitomo Metal Corporation (Japan) among others.

Intended Audience

  • High strength steel  market manufacturers
  • Traders and Distributors of High strength steel market
  • Production process industries
  • Potential investors
  • Raw material suppliers
  • Nationalized laboratory

These high strength steel are used in applications such as trucks, cranes, roller coasters, and other infrastructures, which requires specific strength to weight ration. The major end-use industries include automotive, building & construction, military & defense, mining & other manufacturing units. However, high production cost coupled with the safety and technological constraints are some of the major downsides to the growth of the market.

The growing infrastructural developments across the globe along with the growing adoption in the automobile sector is the key factor driving the growth of the global high strength market.  Moreover, the growing purchasing power in the developing regions has augmented the sale of automobiles, which, in turn, is expected to substantially contribute to the growth of the high strength steel market. Growing defense budget has further boosted the demand for high strength steel in the military equipment owing to its enhanced fatigue, corrosion, and impact resistance.

Regional Analysis 

The High strength steel market is segmented into five regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these, Asia Pacific is the leading region in the market and is expected to exhibit an expanding CAGR during the forecast period. Growing development of industries in the developing economies such as China and India are primarily driving the growth of the high strength steel market. Moreover, the developing automobile industry in the region is expected to have a positive impact on the growth of the high strength steel market. The growing infrastructural development, especially in China, is anticipated to further propel the demand for high strength steel in the region.

North America is a dominant region in the global market and is anticipated to retain its dominance during the assessed years. The developed end-use industries coupled with the growing technological advancement in the region is the key factor attributing to this growth. Moreover, the presence of the major automobile manufacturers in the region has further boosted the market demand for high strength steel.  Europe is another significant market due to the well-developed automobile industry. Moreover, the implementation of emission standards such as Euro 5 and Euro 6 is expected to push the growth of the high strength steel market further in the region. High strength steel helps in reducing the weight of automobile, which, in turn, add to the minimization of vehicle emissions.

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Segmental Analysis

The global high strength steel market is segmented into product type and end-user industry. On the basis of the product type, the market is segregated into high strength low alloy steel, dual phase steel, hardenable brake steel, carbon manganese steel, and others. On the basis of the end-user industry, the global market can be further segmented into automotive, building & construction, mining & other equipment, aviation, marine, military & defense, and others.

Synthetic Fibers Market Segment Leading & Anticipated to Dominance Over 2018 to 2023

Global Synthetic Fibers Market research report spread across 138 Pages consist 36 Tables and 11 Figures  also include Top 10 Global key players  such as Bombay Dyeing (India), DuPont (U.S.), Indorama Corporation (Singapore), LENZING AG (Austria), Mitsubishi Chemical Holdings Corporation (Japan) that sharing latest types, technology, application by 2023. Global Synthetic Fibers Market research report published by Market Research Future sharing details on Market Analysis, new Technology, Scope, Stake, Progress, Trends and Forecast up to 2023.

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Target Audience during forecast period

  • Synthetic fibers market manufacturers
  • Traders and Distributors of Synthetic fibers market
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Synthetic Fibers Market- Top 10 global key players and their strategy:

Some of the well-known players operating in the global synthetic fibers market are Bombay Dyeing (India), DuPont (U.S.), Indorama Corporation (Singapore), LENZING AG (Austria), Mitsubishi Chemical Holdings Corporation (Japan), Reliance Industries Limited (India), China Petroleum Corporation (China),  TEIJIN LIMITED (Japan), Toray Chemical Korea Inc (South Korea) and TOYOBO CO., LTD (Japan) among others.

Synthetic fibers are produced by linking the monomers into polymers through polymerization process. They are four types of the product manufactured in the market namely acrylics, polyester, nylon, and polyolefin synthetic fibers. These products are known for their strength, elasticity, wash ability, cost-effective nature, and others. The changing fashion trends and improving lifestyle resulting in growing demand for the product are the important factors influencing the market positively. Due to these factors, they are used in various applications such as clothing, home furnishing, automotive, filtration, and others.

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Segmentation Analysis

North America region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to the increasing demand for artificial fibers in bedspreads, sheets, pillows, and others. The extensive use of polyester fibers in automotive body components, interior and exterior parts have driven the manufacturers to use these materials in the end-use industries due to optimal performance offered by the product. Moreover, it is projected that the implementation of stringent rules and regulations in the major sectors has propelled European region to witness a stagnant growth in Germany, the U.K, and Italy.

The global synthetic fibers market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to extension of anti-dumping duty implemented on nylon filament yarn from South Korea, China, Malaysia, Thailand and Indonesia. Countries such as China, Japan, and India are the major players in this region.

Regional Analysis

North America market is expected to grow at a higher CAGR due to extensive consumption of the product in plastic bottles, balloons, and others. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in the end-use industries. Therefore, the growing demand for man-made products in major sectors are estimated to drive the market during the forecast period.