2021-09-01

Additive Masterbatch Market Share, Size 2021 | Consumption Analysis By Applications, Future Demand, Top Leading Players, Competitive Situation and Emerging Trends, and Forecast to 2027

Market Overview:

The Additive Masterbatch is widely used in the end-user industries such as packaging, building & construction, agriculture, and automobile among others. The global Additive Masterbatch market is spanned across five regions of the world namely Asia Pacific, Middle East and Africa, North America, and Latin America. Among these, Europe is anticipated to be the largest market and Asia Pacific is expected to be the fastest market during the forecast period. The developed end-user industries such as automobile and packaging, coupled with the growing greenhouse cultivation has surged the use of Additive Masterbatch in the European region. The major countries attributing to this growth are Germany, Italy, France, and the U.K.

The Asia Pacific is the fastest growing market during the forecast period owing to the growing urbanization and industrialization in the developing countries of the region. The major countries attributing to this growth are India and China. The developing automobile and construction sector has augmented the demand for Additive Masterbatch in the region. According to OICA, the Chinese car production grew by 14.5 % from 2015-2016 whereas the Indian car production grew by 7.9%. The growing adoption of plastics in the automobile industry is likely to propel the market growth over the forecast period.

North America is another dominant region in the Additive Masterbatch market. The developed automobile and packaging sector coupled with the growing adoption rate are the major factors contributing to the growth of the market. Moreover, the growing investment in building and construction sector with the change in the government in the region, especially in the U.S and Canada, is pushing the market growth further. The U.S total value of construction in January 2017 was USD 1.18 trillion, which recorded an increase of over 2.5% than January 2016.

Competitive Analysis

Some of the prominent players operating in the global Additive Masterbatch market are Clariant AG (Switzerland), A. Schulman, Inc. (U.S.), PolyOne Corporation (U.S.), Plastika Kritis S.A. (Greece), and Plastiblends India Ltd. (India), Plastika Kritis S.A (Turkey), DOW Corning Corporation (U.S.), Polyplast Muller GmbH (Germany), RTP Company (U.S.), and Ampacet Corporation (U.S.) among others.

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Segmentation

The global Additive Masterbatch market is segmented into type, carrier resin, and end user industry. On the basis of the type, the market is segmented into antimicrobial Additive Masterbatch, flame retardant Additive Masterbatch, anti-oxidant Additive Masterbatch, and others. On the basis of the carrier resin, the global market of Additive Masterbatch is segregated into polyethylene (PE), polypropylene (PP), polystyrene, polyvinyl chloride (PVC), polyethylene terephthalate (PET) and others. On the basis of the end-use industries, the market is further bifurcated into packaging, automotive, consumer goods, building & construction, agriculture, and others.

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2021-09-01

Tungsten Market 2021–Global Industry Analysis, Size, Share, Trends, Demand, Growth, Opportunities and Forecast 2027

Chemical & Material

Market Overview:

Tungsten, also known as wolframis, is a naturally occurring chemical element. It exists on the Earth combination with other elements in the form of chemical compounds. Wolframite and Scheelite are the important ores of tungsten. Tungsten is primarily used in manufacturing hard metals based on tungsten carbide which is one of the hardest carbides. On account of its hardness it is widely used in manufacturing wear-resistant abrasives and cutting tools and equipment. This application accounts for more than 50% of the industrial consumption of the tungsten. Additionally, the ability of tungsten carbide to resist abrasion it is widely used in making jewelries.

Based on metal, the Global Tungsten Market has been segmented into foils, ribbons, wires, rods, tubes, and sheets & strips. Ribbons segment held the largest market share in 2017 on account of significant use in vast industrial applications and in vapor deposition processes. It is widely used in the electronic industry owing to high electrical resistance.

By product, the market is categorized into carbides, tungsten alloys, tungsten mill products, tungsten chemicals, and others. Among them, carbide accounted to the largest share of the market in 2017. This mainly due to vast use of the tungsten in manufacturing hard materials based on tungsten carbide. The product is primarily used in manufacturing the tungsten carbide which is one of the hardest carbides. Due to its hardness, tungsten is widely used in manufacturing wear-resistant abrasives and cutting tools and equipment. This application accounts for more than 50% of the industrial consumption of the tungsten.

On the basis of end-use, the Global Tungsten Market has been categorized into automotive, aerospace & defense, machine tools & equipment, electrical & electronics, chemicals, and others. The automotive sector held the major market share in 2017, which mainly attributed to the surging automotive production on the backdrop of increasing demand for the passenger cars and commercial vehicles in the emerging economies.

Market Segmentation:

The Global Tungsten Market has been segmented on the basis of form, product, end-use, and region.

Based on form, the Global Tungsten Market has been segregated into foils, ribbons, wires, rods, tubes, and sheets & strips.

By product, the market has been categorized into carbides, tungsten alloys, tungsten mill products, tungsten chemicals, and others.

On the basis of end-us, the market has been divided into automotive, aerospace & defense, machine tools & equipment, electrical & electronics, chemicals, and others.

The Global Tungsten Market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Competitive Analysis:

The leading players in the Global Tungsten Market are Xiamen Tungsten Co., Ltd. (China), Buffalo Tungsten Inc. (US), Federal Carbide Company (US), China Minmetals Corporation (China), Global Tungsten & Powders Corporation (US), Wolfram Bergbau-und Hutten AG (Austria), Tungsten Mining NL (Australia), Tejing Tungsten (Vietnam), Japan New Metals Co., Ltd. (Japan), and Saloro (Spain), among others.

Regional Analysis:

The Global Tungsten Market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at a high CAGR owing to the rising product demand in the automotive and electronics and electrical industries. North America is expected to witness significant growth during the forest period. This is mainly due to the growing demand for the product in various industrial application such as aerospace and defense.

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2021-09-01

Auto Catalyst Market Size, Share, Development, Growth and Demand Forecast to 2027

Chemical & Material

Market Overview:

Auto catalysts are used in the automobile industry to convert the harmful emissions from vehicles into less toxic materials. It is extensively used in the exhaust systems of automobiles and can also be used in electrical generators mining equipment and fork lifts among others. The growth of automobile production across the globe is vitally affecting the growth of the auto catalyst market.

The global auto catalyst market is being driven by growing number of automobiles throughout the globe. Moreover, it is estimated that the light-duty vehicle- diesel is set to witness the highest growth due to the growing consumption of the fuel-efficient diesel cars globally.

Regional Analysis:

The global auto catalyst 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 share of the market and is expected to be the fastest growing region at a considerably higher CAGR. The presence of the most populated countries of the world such as India and China in this region has augmented the demand for automobiles, which, in turn, is anticipated to fuel the demand for auto catalyst in the region. Moreover, the shifting of the automotive manufacturing base into the region owing to the cheap labor and encouraging government regulations is also contributing to the growth of the market.

The European region is estimated to witness a significant growth during the forecast period. The increasing use of auto catalyst owing to the strict EU regulations is driving the market growth. The implementation of Euro 6 and Euro 7 guidelines is further adding to the market growth. According to the European Union, car sales in 2017 grew by 3.6%.

The North American auto catalyst market is mainly driven by the U.S. and Canada. The presence of the developed automobile industry and increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing light-duty vehicle in the region coupled with the stringent federal emission regulations is also expected to fuel the market growth.

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Competitive Analysis:

Some of the prominent players operating in the global Auto catalyst market are BASF SE (Germany), Johnson Matthey (England), Solvay (Belgium), Umicore (Belgium), Corning Incorporated (U.S.), Cataler Corporation (Japan), DCL International (Canada), Heraeus Holding GmbH (Germany), Tenneco Inc (U.S.), Faurecia S.A (France), Klarius Products Limited (U.K), and Taizhou Three-Way Vehicle Catalytic Converter Co., Ltd (China) among others.

Market Segmentation:

The global auto catalyst market is segmented into application and region. On the basis of the application, the market is segregated into light-duty vehicle diesel, light-duty vehicle gasoline, and heavy-duty vehicle. The market by region is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Market Scenario:

The light duty vehicle diesel segment followed by the light-duty vehicle gasoline is anticipated to observe a higher CAGR during the forecast period. The growing per capita disposable income coupled with the shifting of the automotive manufacturing base into the developing regions are the major factor attributingto the growth of the market.

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2021-09-01

medical device coating market, Size, Share, Growth, Trends, Insight and Industry Forecast, 2021-2027

Chemical & Material

Market Overview

The global medical device coating market is anticipated to grow at 5.16% CAGR during the forecast period 2017-2023. The rising old population and on-going technological innovation will be the key factors determining the growth potential of the medical device coating market, suggest analysts. The medical device coating market report suggests that imposition of stringent rules as well as time consuming regulatory approvals will affect the market growth. During the forecast period the market for medical device coating will reach US$10,109.7 million by 2023. The growth in the medical device coating market to remain positive across all the application and type segments, however, segments like cardiovascular and orthopedics have experienced increased growth during the forecast period 2017-2023.

Rising need for non-invasive methods and need for protective devices are said to be the key medical device coating market growth factors. Although, during the forecast period 2017-2023, the factors like changing set of rules and regulations and time-consuming procedure could hamper the medical device coating market growth. The global medical device coating market report also covers application and typesegments and in-depth analysis of Europe, Asia-Pacific, North America, and the Middle East and Africa regions.

Competitive Landscape

The demand for medical device coating has increased significantly over the years, due to respiratory infections among the expanding geriatric populace and rising pollution. Companies functioning in the global medical device coating market are also being challenged due to stringent rules and lack of infrastructure. Mergers and acquisitions by medical device coating market companies are anticipated to help the market during the forecast period 2017-2023. As the medical device coating market is set to register a high CAGR of 5.16% and is also anticipated to reach a US$10,109.7 million by 2023, the report highlights key areas companies need to focus on. Based on SWOT analysis and medical device coating market’s analysis based on Porters’ Five Force Model presented in the medical device coating market report.

Growing illness among the expanding populace, as per the medical device coating market research report will support the growth. The global medical device coating market might face slow growth due to poor healthcare management. The report suggests that the medical device coating market will see a healthy growth in the long run till 2023. The medical device coating market research report offers detailed analysis of major organizations across the medical device coating market. The global medical device coating market research report offers analysis based on data collected from the medical device coating market’s decision makers as well as primary and secondary sources. The medical device coating market research report presents analysis based information for companies functioning in the medical device coating market.

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Market Segmentation

The global medical device coating market is segmented based on application and type. The medical device coating market is further segmented based on application into cardiovascular, gynecology, neurology, orthopedics, and others. The medical device coating market is also segmented into anti-thrombogenic medical device coating, antimicrobial, drug-eluting, and hydrophilic on the basis of type.

Imposition of stringent rules may hinder the medical device coating market growth. The market research report suggests that companies in the medical device coating market could be supported by increasing demand for ventilator as well as increasing government expenditure on healthcare during the forecast period. The medical device coating market is set to register growth at a high CAGR owing to these key factors. The application and type segments along with regional markets have been analyzed in the global medical device coating market research report. The research analysts studying the medical device coating market have put out market forecasts in the medical device coating market research report in order to support medical device coating market-based companies. The medical device coating market research report provides an extensive understanding of the medical device coating market based on the information and forecasts till 2023.

Regional Overview

The medical device coating market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global medical device coating market research report reveals that APAC, North America, and Europe regional medical device coating markets will dominate the global market for medical device coating during the forecast period 2017-2023. As per medical device coating market analysts, the market is set to witness tremendous growth across orthopedics segments in North America which covers medical device coating markets across the United States, Canada, Mexico and several other regional markets. Companies active in the medical device coating market are also analyzed and studied in the medical device coating market research report.

Growth factors such as increasing demand for quality healthcare as well as growing need for early detection are set to drive the market growth across the European regional market for medical device coating. This region covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the medical device coating market research report covers the Asia-Pacific region covering medical device coating markets from India, China, Japan, Australia, and others. The medical device coating market is also spread across the rest of the world. The medical device coating market report covers all such regions including the Middle East, Africa, Brazil, and others.

Industry News

The transaction aims to improve the role of AMS in the wound care industry by providing in-house services such as acrylic and silicone insulation, drill manufacturing and some of the existing outsourced capacity to convert raw material. AMS plays an especially important role in Silicone Coating and Perforation as they are inherent in every new advanced foam covering for wound care. A covered mesh used throughout the new LiquiBand XL system is produced by Raleigh, a major supplier.

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2021-09-01

Expanded Polypropylene Market Size, Share, Key Players Analysis, Growth, Competitive Landscape and Potential of Industry from 2021-2027

Chemical & Material

Market Forecast

Global Expanded Polypropylene Market is expected to exhibit a CAGR of around 5% during the forecast period and reach USD 2.1 Million in value by 2027.

Expanded polypropylene is a closed bead cell of polypropylene with exceptional physical properties that include excellent energy absorption, durability, thermal insulation, high strength to weight ratio, good chemical resistance, and recyclability.

Production Outlook

The global production of Expanded Polypropylene Market is around 80 million tons in 2018 with China holding around 25% of global production. Further, a rise in polypropylene capacities is witnessed in Russia over the past few years. However, the expanding capacities of polypropylene has led to the oversupply affecting the pricing of the polypropylene globally.

Segmentation

By Density

This segment is further segmented into low density, high density, and porous PP.

The low density expanded polypropylene is expected to witness a healthy growth in the forecast period. This is attributed to the increased usage of low density expanded polypropylene in the packaging industry. It offers excellent thermal insulation which makes it a suitable material for food & beverage and industrial packaging.

High density expanded polypropylene accounted for the largest market share in 2019 on account of its extensive usage in the automobile industry. It offers excellent stability, durability, load-bearing strength, and high strength to weight ratio which increases the usage of high density expanded polypropylene in the automotive, aerospace and marine sector.

Porous PP is projected to be the fastest-growing segment during the assessment period. This is attributed to the exceptional properties offered by porous PP such as high shock absorption, noise, and vibration reduction. It is widely used in consumer products such as electronic packaging, and ventilation systems.

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By Application

This segment is further segmented into automobile, packaging, consumer goods, and others.

The automobile segment accounted for the largest market share in 2019 on account of the widespread usage of expanded polypropylene in the automobile industry. It is used in the various parts of the exterior and interior parts of the automobile that includes bumpers, seating, sun visors, and many more.

The packaging segment is expected to witness a healthy growth in the forecast period. This is attributed to the exceptional thermal insulation, lightweight and recyclable properties offered by expanded polypropylene which makes it an ideal material in the packaging industry.

Consumer goods are projected to be the fastest-growing segment during the assessment period. This is attributed to the increasing application areas of expanded polypropylene in consumer products such as furniture, household appliances, toys, and electrical insulation, amongst others.

The others segment includes aerospace, marine, ventilation system, and water treatment system, amongst others.

By Region

North America: Market growth in North America is driven by the presence of a large industrial base in the region and the easy availability of raw material in the region. Expanding end-use industries, especially automobile and packaging are the key factors driving market growth.

Europe: The European region is a well-established market. Increasing demand for expanded polypropylene across major end-use industries is expected to propel the market growth. The presence of key automotive manufacturers, stringent government regulation on the use of recyclable components and growing packaging sector in the region is the key factor driving the demand for expanded polypropylene in the region.

Asia-Pacific: It is the fastest-growing regional market. The increase in polypropylene capacities, especially in growing economies such as China and India and growing industrialization in the region is a prime factor driving the regional market growth.

Latin America: Rapid industrialization in countries such as Brazil and Mexico is projected to drive market growth during the assessment period. Also, the growing automotive industry in Mexico is the key factor for the growth of the market in the region.

Middle East & Africa: The demand for premium cars and the growing automotive industry is positively influencing the demand for Expanded Polypropylene.

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2021-09-01

Disinfectant Chemicals - growth, trends, covid-19 impact, and forecasts (2021 - 2027)

Chemical & Material

Market Synopsis

According to the MRFR analysis, the Global Disinfectant Chemicals Market size was valued at around USD 5 Billion in 2019 and is expected to reach approximately USD 7.2 Billion by the end of 2027 at a CAGR of 5%.

Disinfectant chemicals are the chemicals that are used to kill or deactivate the microbes, such as bacteria, viruses, fungi, micro-bacteria, and spores. Chemicals, such as alcohols, aldehydes, quaternary ammonium compounds, hydrogen peroxides, and chlorine compounds, are widely used in various end-use applications that include hospitals, clinics, laboratories, and household cleaners.

The growing prevalence of healthcare-associated infections (HAIs) and an increase in healthcare expenditure across the world are some of the factors which are expected to propel the growth of the global disinfectant chemicals market. Furthermore, due to the COVID-19 pandemic crisis, the disinfectant chemicals have witnessed a spike in demand in the fiscal year 2020. However, due to the national and regional lockdown, the production and supply chain is adversely impacting the growth of the global market.

Competitive Landscape

The global disinfectant chemicals market is fragmented with the presence of numerous global, regional, and local players. Manufacturers focus on the development of new technologies to maintain the quality of their products and expanding their production capacity to maintain supply-demand balance. Furthermore, producers are increasingly focusing on a strategic alliance with stakeholders to gain maximum market share in the global market. For instance, in March 2020, Arkema, one of the leading chemical companies, has repurposed its alcohol-based production line with a capacity of 20 tons per week.

Segmentation

By Composition

This segment is divided into chlorine and derivatives, quaternary ammonium compounds, phenolic compounds, alcohols and aldehydes, formalin, and other compounds.

Chlorine and derivatives are expected to witness notable growth during the forecast period in terms of volume. These compounds are inexpensive and hence used widely in a disinfectant solution to kill microbes.

Quaternary ammonium compounds (QACs or quats) is projected to be the fastest-growing segment during the assessment period. This is due to rising inclinations of manufacturers on the development of QAC-based disinfectants.

Phenolic compounds are expected to witness healthy growth during the forecast period as it is widely used as disinfectant chemicals in low concentration.

Alcohols and aldehydes hold the largest market share in the global disinfectant chemicals market. Alcohols are used widely as a general disinfectant in 70-80% concentrations to kill bacteria and viruses. Aldehydes have a broad range of biocidal activity and are effective on the surface as well as space decontamination.

Formalin is expected to witness moderate growth due to the growing adoption of low toxic disinfectants.

The others segment includes halogens, hydrogen peroxides, biguanides, alkalis, etc.

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By Type

This segment is further segmented into air disinfectants, water disinfectants, and surface disinfectants.

Water disinfectants hold the largest share of the global disinfectant chemicals market. They are widely used to control HAIs in the hospital premises and households.

Surface disinfectants is projected to be the fastest-growing segment during the assessment period. This is attributed to the growing demand for surface-based disinfectants to disinfect medical devices and in-house surfaces.

The air disinfectant segment is expected to witness moderate growth during the forecast period. This is due to the slower adoption of air-based disinfectants and the formation of aerosols.

By End-User

This segment is further segmented into hospitals, clinics, research and diagnostic laboratories, and others.

The hospital segment holds the largest share of the global disinfectant chemicals market owing to the growing prevalence of HAIs in hospitals and stringent regulations on the use of disinfectants in the hospitals.

The clinics segment is expected to witness moderate growth in the assessment period due to the rising concern over HAIs and the growing demand for disinfectants to clean medical devices.

The research and diagnostic laboratories segment is expected to witness the fastest growth in the global disinfectant chemicals market owing to the rising investments in industries such as biotechnology and pharmaceutical globally.

The others segment includes households, food and beverage industry, and institutions such as schools, colleges, and malls.

By Region

North America: Market growth is driven by the rising per capita healthcare expenditure and the growing prevalence of HAIs

Europe: Stringent healthcare regulations and a large number of geriatric populations

Asia-Pacific: The largest and fastest-growing regional market

Latin America: Growing prevalence of HAIs is fueling the demand for disinfectant chemicals in Latin America.

Middle East & Africa: Rising awareness and government expenditure on healthcare infrastructure is fueling the demand for the disinfectant chemicals in the region.

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2021-09-01

Thermal Ceramics Market 2020 key players, global industry size, share, price, trend and forecast to 2027

Chemical & Material

Market Synopsis

According to the MRFR analysis, the Global Thermal Ceramics Market is expected to reach over USD 6 Billion by the end of 2027 at a CAGR of 4.5%.

The growth of the global thermal ceramics market is primarily driven by the growth of the chemical, petrochemical, cement, energy & power sector, and iron & steel industry. Furthermore, the increasing need for energy saving and green initiatives is expected to support the demand for thermal ceramics across various industries. The thermal ceramics offer superior thermal insulation, which helps in reducing heat loss, energy-saving, and lowering the overall operational costs.

Pricing

The price of thermal ceramic Market varies according to the type and the density of the material. The average price of the thermal ceramic ranges from USD 4,100 per ton to USD 7,800 per ton.

SEGMENTATION

By Type

Ceramic Fiber: The segment accounted for the largest share in the global market and is projected to witness moderate growth during the forecast period. The high demand for PU/PIR insulation is attributed to low thermal conductivity, fire resistance, moisture resistance, and excellent workability. PU and PIR are widely used for insulating cold storage buildings, pipelines, storage tanks, and valves in various industries. Furthermore, its high vermin resistance increases its applications in the food & beverage and medical industries.

Insulation Bricks: The insulation bricks segment is expected to witness moderate growth during the forecast period. The growth of the segment is driven by increasing demand from the energy & power and metallurgy industries.

Others: The other segment includes perlite, fiberglass, aerogel, and elastomer foams. This segment is expected to witness the fastest growth during the forecast period, owing to the high demand for aerogel in pipeline insulation.

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By End-Use Industry

Chemical & Petrochemical: This segment is expected to witness healthy growth during the forecast period. This growth can be attributed to increasing investments in capacity expansion and the shifting production base in Asia-Pacific.
Metal & Metallurgy: This segment accounted for the largest share of the global thermal ceramics market in 2019 and is expected to witness healthy growth during the forecast period. The growth of this segment driven by the increasing demand for steel, aluminum, and other metals and alloys, especially from the construction and automotive industries.
Food & Beverage: The long-term outlook of the food & beverage segment is expected to remain positive backed by socio-economic trends, such as economic growth, urbanization, changing demographics, population growth, and increasing per capita disposable income.
Power Generation: According to International Energy Outlook 2017, global energy consumption is expected to grow by 28% between 2015 and 2040. These energy demands are expected to propel the growth of the global thermal ceramics market during the forecast period.
Manufacturing: The recovering global economic growth and rapid industrialization in the emerging economies is expected to drive the growth of the manufacturing segment during the forecast period.
Others: The others segment includes the application of thermal ceramics in the automotive, construction, and electrical & electronics industries.

REGIONAL ANALYSIS

North America: North America led by US is one of the prominent markets for thermal ceramics in 2019. The stringent standards and regulations and the growing construction industry and increasing automobile production in the region is expected to augment the market growth.

Asia-Pacific: Asia-Pacific dominated the global thermal ceramics market in 2019 and is expected to register the fastest growth during the forecast period. The high growth of the market in the region can be attributed to the high economic growth, rapid industrialization, rapid urbanization, and the growing construction industry.

Europe: Europe accounted for a significant share in the thermal ceramics market in 2019 however it is expected to witness moderate growth during the forecast period. The regional market growth is driven by the growth of the chemical & petrochemical and power generation industries in countries such as Germany, Russia, France, Poland, and others

Latin America: The Latin America market is expected to witness healthy growth during the forecast period owing to the growing automotive industry and positive manufacturing industry outlook.

Middle East & Africa: The economic diversification towards construction & manufacturing sectors is expected to drive the market in Middle East & Africa.

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