Thermoplastic Elastomers Market- Size, Growth, Demand and Research Report 2022

The Thermoplastic Elastomers Market Global Industry Report is projected to reach USD 28.27 billion by 2022, at a CAGR of 5.2% from 2017 to 2022

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Thermoplastic elastomers possess properties of both, plastics and elastomers. They can be molded easily at room temperature by heating them. Due to a number of properties offered by them, which include heat stability, smoothness, wear resistance, chemical resistance, and scratch resistance, they are used in different end-use industries.

Bio-based thermoplastics are the upcoming trend in the thermoplastic elastomers market. The majority of thermoplastic elastomers are conventionally compounded and manufactured from raw materials based on fossil fuels. However, increase in the environmental awareness across the globe and fluctuations in the prices of petroleum drive the thermoplastic elastomers market towards the adoption of sustainable and green programs. As such, various guidelines have been formulated and implemented in the European and North American regions for the development of environment-friendly products. These guidelines accord preferential treatment to bio-based products procured by public institutions that meet the minimum renewable raw material content standards. The bio-based thermoplastic elastomers are made using several bio-based raw materials. Some of the predominantly used raw materials for manufacturing thermoplastic elastomers include starch ranging from 30% to 50%, castor & canola oils, polyols from vegetable oils & fatty acids, and corn & soybean oils.

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The increased cost of petro-chemically derived monomeric raw materials has made bio-based thermoplastic elastomers economically competitive. Thus, the thermoplastic elastomers based on bio-renewable resources are expected to become popular during the forecast period, owing to increased awareness across the globe for environment sustainability. Among types, the thermoplastic vulcanizates (TPV) segment of the thermoplastic elastomers market is projected to grow at the highest CAGR during the forecast period. Thermoplastic vulcanizates (TPV) have excellent colorability, leading to their increased demand in developing interiors of automobiles. The growing demand for thermoplastic vulcanizates (TPV) as a replacement for polyvinyl chloride (PVC) in the healthcare industry is one of the major drivers for the growth of the thermoplastic vulcanizates (TPV) segment of the thermoplastic elastomers market. Thermoplastic vulcanizates (TPV) ensure low drug absorption. They are environment-friendly and offer optical clarity and toughness. Thermoplastic vulcanizates (TPV) are used in the manufacturing of catheters, blood bags, and disposable gloves. The growth of the thermoplastic vulcanizates (TPV) segment of the thermoplastic elastomers market can be attributed to rapidly growing automotive and medical industries in countries such as China and India of the Asia-Pacific region.

Silica Fume Market worth 563.09 Million USD by 2020

The Silica Fume Market Global Industry Research Report was valued at USD 430.87 Million in 2014, and is projected to grow at a CAGR of about 4.22% between 2015 and 2020 to reach USD 563.09 Million by 2020. 

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The global silica fume market has been witnessing substantial growth in the past few years. Silica fume is added to concrete, which is used in the building and construction industry. There has been an increase in demand for silica fume from this industry, as it provides high corrosion resistance, high strength, and durability. There is a high demand for silica fume in Middle East & Africa and Asia-Pacific, where it is used in the construction of metro-lines, tunnels, and high-rise buildings. Another driver of the market is the increasing demand of silicon in the solar industry, as production of silica fume (a by-product of the silicon smelting process) is tied to silicon production.

The Middle East & Africa is the largest market for silica fume, due to its growing demand in the UAE and Saudi Arabia. Asia-Pacific is the fastest-growing market globally, owing to its high demand in China and India.

This study aims to estimate the global market of silica fume for 2015 and to project its estimated demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global silica market. We have used various secondary sources such as directories, industry journals, and databases to identify and collect information useful for this extensive commercial study of the silica fume market. The primary sources-experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of silica fume.

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Competitive scenarios of the top players in the silica fume market have been discussed in detail. We have also profiled leading players of the industry with their recent developments and other strategic industry activities. These include key silica fume manufacturers, such as Globe Specialty Metals, Inc. (U.S.), Norchem, Inc. (U.S.), Elkem (Norway), Elkon Products, Inc. (Canada), Dow Corning Corporation (U.S.), Cementec Industries, Inc. (Canada), Kryton International, Inc. (Canada), Brock White Co. LLC (U.S.), Simcoa Operations Pvt. Ltd. (Australia), Carbon Enterprises (U.K.), Bisley & Company Pty. Ltd. (Australia), Rockfit Corporation (India), Wuhan New Reach Chemical Co. Ltd. (China), Shanghai Topken Silica Fume Co. Ltd. (China), Shenzhen Bemsun IndustryCo. Ltd. (China), N.K. Enterprises (India), and Ecotec Silica Fume (Australia).

Color Concentrates Market Global Industry Analysis, Size and Research Report 2016

The Color Concentrates Market Global Industry was valued at USD 4.24 Billion in 2016 and is projected to reach USD 5.80 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The high demand for color concentrates in plastics and packaging industries is driving the growth of the color concentrates market across the globe.

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Objectives of the Study:

·         To define, describe, and forecast the color concentrates market on the basis of form and end-use industry

·         To analyze and forecast the size of the color concentrates market, in terms of volume and value

·         To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the color concentrates market

·         To strategically analyze the micromarkets with respect to individual growth trends, growth prospects, and their contribution to the color concentrates market

·         To forecast the size of the color concentrates market with respect to five main regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America

·         To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product launches, regional expansions, and R&D activities in the color concentrates market

·         To analyze the opportunities in the color concentrates market for stakeholders and provide a competitive landscape for the market leaders

·         To strategically profile the key players in the color concentrates market and comprehensively analyze their market shares and core competencies

Research Methodology:

This study estimates the size of the color concentrates market for 2016 and projects its growth by 2021. It provides a detailed qualitative and quantitative analysis of the color concentrates market. Secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Factiva, among others have been used to identify and collect information useful for this extensive, commercial study of the color concentrates market. Primary sources such as experts from related industries and suppliers of color concentrates have been interviewed to obtain and verify critical information and assess future prospects of the color concentrates market.

Hybrid Composites Market Size, Share, Growth, Forecast (2018-23)

The study involved four major activities to estimate the current market size for Hybrid Composites. The exhaustive secondary research was done to collect information on market, peer market, and parent market.

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The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The hybrid composites market comprises several stakeholders such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of the automotive & transportation, aerospace & defense, marine, wind energy, and sporting goods end-use industries. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following the breakdown of primary respondents.

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Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the hybrid composites market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

·         The key players in the industry and markets have been identified through extensive secondary research.

·         The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.

·         All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Chlor-Alkali Market Size, Global Industry Demand, Growth and Research Report 2021

The Chlor-Alkali Market Global Industry Report is estimated to reach USD 102.60 Billion by 2021, registering a CAGR of 5.4% between 2016 and 2021.

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The market is driven by increasing demand for chlor-alkali products in the emerging markets and high demand from various application industries such as organic chemicals, inorganic chemicals, pulp & paper, and water treatment. Three products, namely, chlorine, caustic soda, and soda ash characterize the chlor-alkali market.

Globally, the chlor-alkali market is one of the largest chemical industries, in terms of both value and volume. The major chlor-alkali products are chlorine, caustic soda, and soda ash.

Chlorine is a building block for the plastic industry, as EDC/PVC is used in a host of plastics. EDC/PVC had the largest share among all the applications of chlorine in 2015. Its demand in 2015 was over one third of the global chlorine market. At the same time, isocyanate is projected to be the fastest-growing application of chlorine during the forecast period. The increasing demand from the construction sector and rising demand for chemicals from the emerging markets are the major drivers for growth of the chlorine market.

Food pulp & paper had the largest demand among all the applications of caustic soda. The increasing market for the food processing industry is helping the market for caustic soda in food pulp & paper to grow. In terms of value, textiles are projected to be the fastest-growing application between 2016 and 2021. Most of this growth is attributed from the developing regions of Asia-Pacific and South America.

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With the rise in the container and glass packaging industry, the demand for soda ash in glass applications is surging. Glass application has the largest demand as well as it is the fastest-growing application for soda ash. The demand for soda ash in glass is projected to register the fastest growth rate in Asia-Pacific, as the demand increases from countries, especially from Southeast Asia.

Asia-Pacific is the largest chlor-alkali market, globally. The region accounts for a major share of the chlor-alkali market and is the largest producer of chlor-alkali, globally. China is the largest and fastest-growing chlor-alkali market in the region. With the continuous increase in capacity of chlor-alkali, the country has an upper hand, as the manufacturing costs in the country for chlor-alkali are low. India is another high growth market for chlor-alkali in the region; the country is expected to be a driving factor for the industry in the region.

Triacetin Market Size, Price Trends - Industry Share Report 2022

The Triacetin Market Global Industry Report was valued at USD 234.5 million in 2016 and projected to reach USD 309.9 million by 2022, at a CAGR of 4.8% during the forecast period.

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This study answers several questions for stakeholders, primarily, which market segments they should focus upon during the next two to five years to prioritize their efforts and investments. These stakeholders include triacetin manufacturers such as Eastman Chemical (US), LANXESS (Germany), BASF (Germany), Polynt Group (Italy), and Daicel Corporation (Japan) are some of the leading companies operating in the triacetin market.

The Asia Pacific region is the largest consumer of triacetin across the globe. In terms of value, the Asia Pacific triacetin market is projected to grow at the highest CAGR during the forecast period. The increasing use of triacetin in tobacco, food & beverages, cosmetics, pharmaceuticals, and other industries is driving the growth of the triacetin market across the globe. In this study, 2016 has been considered the base year and 2017-2022 as the forecast period to estimate the triacetin market size.

The growth of the tobacco industry is driving the triacetin market

The excellent properties of triacetin, such as its compatibility with natural and synthetic rubber and resistance to light, have increased its demand from the chemical industry. The growth of the tobacco industry, is driving the triacetin market. Triacetin is used in the tobacco industry as a plasticizer in cigarette filter rods. The increasing consumption of cigarettes across the globe has resulted in the growth of the tobacco industry, which has, in turn, increased the demand for triacetin from this end-use segment.

The following are the major objectives of the study:

·         To define, describe, and forecast the triacetin market based on grade, product type, end-use industry, and region

·         To forecast the size of the triacetin market in terms of value and volume in Asia Pacific, North America, Europe, the Middle East & Africa, and South America

·         To strategically analyze micromarkets (refer to further segments and subsegments of the triacetin market included in the report) with respect to individual growth trends, future prospects, and contribution to the total triacetin market

·         To analyze the opportunities in the triacetin market for the stakeholders and draw a competitive landscape for the market leaders

·         To strategically profile the key players in the triacetin market and comprehensively analyze their core competencies

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Ductless Heating & Cooling Systems Market worth 78.62 Billion USD by 2021

The global ductless heating & cooling systems market is projected to reach USD 78.62 Billion by 2021, at a CAGR of 8.18% from 2016 to 2021.

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Ductless heating & cooling systems are experiencing a high demand from the construction sector in the Asia-Pacific region. Expansions and new product development activities related to the development more energy efficient solutions undertaken by different companies are the key factors driving the growth of the global ductless heating & cooling systems market.

Companies such as Samsung Electronics Co. Ltd. (South Korea), Hitachi Ltd. (Japan), United Technologies Corporation (U.S.), LG Electronics (South Korea), and Johnson Controls (U.S.) are the leading market participants in the global ductless heating & cooling systems market. These companies have been adopting various organic and inorganic growth strategies such as expansions, mergers & acquisitions, and new product launches to enhance their market shares for ductless heating & cooling systems.

The split systems are expected to be the leading type of Ductless heating & cooling systems from 2016 to 2021. Split systems allow the user to control the temperature of individual zones as per need. This gives the user the flexibility of operation and provides saving in operating cost. The major benefit of the split system is the low noise level of the system. Split systems are mainly used in schools, hotels, hospitals, supermarkets, and residential buildings. The growth of the commercial sector will also drive the split systems market during the forecast period.

The residential buildings segment is the largest as well as the fastest-growing application of the ductless heating & cooling systems globally. Residential buildings are major consumers of the ductless heating & cooling systems industry owing to the low energy consumption of the system as compared to the ducted system and the easy installation mechanism. Growing populations, rapid urbanization and strong economic growth in the emerging economies of the Asia-Pacific region are leading to the growth in the residential buildings segment which drives the demand for ductless heating & cooling systems. Mini split ductless heating & cooling systems are the most commonly used type in residential buildings due to its lower capacity and lower operating cost.

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The Asia-Pacific region was the fastest-growing market for ductless heating & cooling systems, in terms of value, in 2015 and this trend is expected to continue till 2021. The rapid economic growth and increasing population in countries in this region, such as China, India, Japan, South Korea, Malaysia and Indonesia are leading to a significant increase in the use of ductless heating & cooling systems in residential & commercial buildings. China is the largest market for ductless heating & cooling systems, globally. The market in India is expected to experience the highest growth in the Asia-Pacific region during the forecast period.

Though the global ductless heating & cooling systems market is growing at a fast pace, a few factors are hampering the growth of this market. The higher initial installation cost is a major restraint in the growth of the global ductless heating & cooling systems market.

The various subsegments of ductless heating & cooling systems are, mini split systems, multi split systems, and variable refrigerant flow systems. The refrigerant used in ductless heating & cooling systems produces greenhouse gases which cause ozone depletion. This drawback can be overcome by using eco-friendly refrigerants. Developed nations have very stringent regulations about the use of refrigerants which are harmful for the environment.

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Butyric Acid Market Size | Global Industry Forecast Report, 2020

The global butyric acid market was valued at USD 124.6 Million in 2014 and is expected to grow at 15.1% CAGR for the time period 2014-2020.

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The global market for butyric acid, along with its applications, has witnessed a high growth for the past few years and this growth is estimated to increase in the coming years. This growth is fueled by rise in demand of animal feed, especially for swine and poultry. Also, the demand for renewable butyric acid in the food & flavor and pharmaceuticals sector is causing a surge in demand. There is a reduced use of antibiotics in the animal feed industry in Europe and North America, generating opportunities of demand for butyric acid.

Asia-Pacific is the largest and the fastest growing market due to the growing demand for butyric acid in India and China. Europe is a matured market and is expected to grow at a low CAGR till 2020.

This study basically aims to estimate the global market of butyric acid for 2015 and to project its demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global Butyric acid market. We have used various secondary sources such as directories, industry journals, and databases to identify and collect information useful for this extensive commercial study of the butyric acid market. The primary sources–experts from related industries and suppliers–have been interviewed to obtain and verify critical information as well as to assess the future prospects of butyric acid.

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Competitive scenarios of the top players in the butyric acid market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include key butyric acid manufacturers such as Eastman Chemical Company(U.S.), OXEA GmbH (Germany), Perstorp Holding AB (Germany), Tokyo Chemical Industry Co. Ltd.(Japan), Blue Marble Biomaterials(U.S.), Beijing Huamaoyuan Fragrance Flavor Co., ltd., Inc. (China), Snowco industrial Co., Ltd. (China).

Scope of the Report

• The global butyric acid market is segment as follows: the global market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.

On the basis of Type:

• Synthetic Butyric Acid
• Renewable Butyric Acid

On the basis of Application:

• Animal Feed
• Chemical Intermediate
• Food and Flavor

• Pharmaceutical
• Perfume
• Others

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List of Figures (55 Figures)

Figure 1 Global Butyric Acid Market - Segmentation & Coverage
Figure 2 Integrated Ecosystem of the Butyric Acid Market
Figure 3 Top Down Approach
Figure 4 Bottom Up Approach
Figure 5 Demand Side Approach
Figure 6 Global Butyric Acid Market Snapshot- 2014
Figure 7 Butyric Acid Market - Evolution, Challenges, and Prospects
Figure 8 Market Overview: Global Butyric Acid Market, By Application, 2014 & 2020 (USD MN, KT)
Figure 9 Butyric Acid – Manufacturing Process
Figure 10 Average Global Butyric Acid Prices

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Global Coil Coatings Market | Growth, Trends, and Forecast 2019

The Coil Coatings Market global Industry Report, along with its applications, has witnessed a linear growth for the past few years and this growth is estimated to increase in the coming years.

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The properties such as hardness, stain resistance, flexibility, and corrosion resistance, and an upsurge in the demand in coatings for the building and construction, appliance, automotive, and other end user industries will be the key influencing factors for the global coil coatings with an increased emphasis on its different applications and their coating resin types.

The coil coatings market is experiencing enormous growth which is expected to continue in the near future, mainly driven by the highly growing Asia-Pacific, RoW, and North American regions. Considerable amount of investments and expansions are made by different market players to serve the end-user applications industries in the future. The Asia-Pacific region is the major coil coatings market that accounted for about 51.04% market demand of the total global demand in 2013.

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More than 75% of the total coil coatings demand was consumed by the building and construction coil coating industry in 2013. The growth of the automotive and general industrial coating segments is also driving the growth for coil coatings.

The drivers of the coil coating industry are growing demand from downstream industries, increasing competitiveness of leading coil coating manufacturers, high growth in the construction and automotive industry, product quality and differentiation, cost and line versatility, stringent government regulations and growing environmental compliance, and fluoropolymer continues to grow in building and construction market.

This study basically aims to estimate the global market of coil coatings for 2014 and to project its demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global coil coatings market. We have used various secondary sources such as encyclopedia, directories, industry journals, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources–experts from related industries and suppliers–have been interviewed to obtain and verify critical information as well as to assess the future prospects of coil coatings.

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Competitive scenarios of the top players in the coil coatings market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include key coil coatings manufacturers such as Akzonobel N.V. (Amsterdam, Netherlands), PPG Industries Inc. (U.S.), and The Valspar Corporation (U.S.). Some of the other companies operating in the global market include BASF SE (Ludwigshafen, Germany), DuPont (U.S.), Henkel AG & Company (Dusseldorf, Germany), Kansai Paint Chemical Limited (Osaka, Japan), The Beckers Group (Berlin, Germany), The Sherwin-Williams Company (U.S.), and Wacker Chemie AG (Munich, Germany).

Color Concentrates Market Size, Industry Growth, Analysis and Research Report 2021

The report "Color Concentrates Market Global Industry by Form (Solid and Liquid), End-Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive), Region (Asia-Pacific, Europe, Middle East & Africa, North America, South America) - Global Forecast to 2021", The color concentrates market was valued at USD 4.24 Billion in 2016 and is projected to reach USD 5.80 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The increasing use of color concentrates for coloring plastics is driving the growth of the color concentrates market. Moreover, growing importance given to the aesthetics in the packaging industry is another driver fueling the growth of the color concentrates market.

                                                                           

Browse 81 market data tables and 58 figures spread through 143 pages and in-depth TOC on "Color Concentrates Market by Form (Solid and Liquid), End-Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive), Region (Asia-Pacific, Europe, Middle East & Africa, North America, South America) - Global Forecast to 2021"
https://www.marketsandmarkets.com/Market-Reports/color-concentrate-market-71191242.html

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Among forms, the solid segment is the leading the color concentrates market.

Among forms, the solid segment is leading the color concentrates market during the forecast period. The growth of the solid segment of the color concentrates market can be attributed to various properties offered by solid color concentrates, which include, low price, less let down ratio, inexpensive investments, dry nature, ease of transportation and storage, excellent color control, and reduced waste, among others.

Among end-use industries, the packaging segment is leading the color concentrates market.

The packaging end-use industry is leading the color concentrates market. The growth of the packaging end-use industry segment of the color concentrates market can be attributed to increased use of color concentrates for coloring plastics used for packaging  various types of products. Use of color concentrates of different shades for packaging enhances the product appeal of goods. A high degree of aesthetic appeal of products not only helps in product differentiation but also influences preferences of customers.

The Asia-Pacific color concentrates market is projected to grow at the highest CAGR during the forecast period.

The Asia-Pacific region is a lucrative market for color concentrates. The growth of the Asia-Pacific color concentrates market is due to increased demand for color concentrates from various end-use industries, such as packaging, consumer goods, building & construction, and automotive, among others. Moreover, industrial growth in the Asia-Pacific region, along with increasing buying power of consumers has further boosted the demand for color concentrates in the region, thereby fueling the growth of the Asia-Pacific color concentrates market. China is the largest market for color concentrates in the Asia-Pacific region, whereas the India color concentrates market is projected to grow at the highest CAGR during the forecast period.

Key Players in the Color Concentrates Market

The key market players operating in the color concentrates market are Clariant (Switzerland), PolyOne Corporation (U.S.), A. Schulman, Inc. (U.S.), Ampacet Corporation (U.S.), Ferro Corporation (U.S.), Breen Color Concentrates (U.S.), Hudson Color Concentrates (U.S.), Penn Color, Inc. (U.S.), Colortech Inc. (U.S.), and Plasticoncentrates, Inc. (U.S.), among others.

Benzene Market Size, Industry Growth | Global Research Report 2018

Benzene is an organic compound with molecular formula C6H6, which is among the most consumed petrochemicals used in the industry. It is an important feedstock to manufacture various chemicals that further serve diverse industries including building and construction, textile, electrical and electronics, and automotive.

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Main applications of the products in benzene market include the manufacturing of ethylbenzene, cyclohexane, cumene, nitrobenzene, and alkylbenzene. It is also utilized for manufacturing maleic anhydride and as a solvent.

The Benzene market has grown considerably during the past few years and is expected to grow at a considerable pace in the next five years, mainly driven by the growing demand in the Asia-Pacific region. The Asia-Pacific is the biggest consumer of benzene, followed by Europe and North America, which consumed more than 45.0% of the total demand in 2012. China is the biggest consumer in the global industry, and is also among the fastest growing markets with an estimated CAGR of about 4.8% from 2013 to 2018. The European and North American markets are comparatively mature with a demand growth well below the average market growth. ROW is the fastest growing geographic region that is mainly due to rising investments in Saudi Arabia downstream sector.

This study basically aims to estimate the benzene market & its derivatives for 2013, to project the expected demand of the same by 2018. This market research study provides a detailed qualitative and quantitative analysis of the market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and projected for regions segmented as the Asia-Pacific, North America, Europe and ROW, which is further segmented for key countries in each region. We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the global industry and all of its components. The primary sources–experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of benzene and its derivatives.

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Competitive scenarios of top players in the benzene market & its derivatives have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: China Petroleum & Chemical Corporation (Sinopec, China), Exxon Mobil Corporation (U.S.), Royal Dutch Shell Plc. (The Netherlands), The Dow Chemical Company (U.S.), JX Holdings Inc. (Japan), China National Petroleum Corporation (China), Total S.A. (France), Saudi Basic Industries Corporation (Saudi Arabia), BP Plc (U.K), and BASF SE (Germany).

Scope of the report:

This research report categorizes the benzene market on the basis of applications and geography along with forecast of volumes, revenue and analyzing trends in each of the submarkets. It also contains the market for various derivatives of these products at a country level.

On the basis of applications: The market is segmented on the basis of industry applications such as ethylbenzene, cumene, cyclohexane, nitrobenzene, and alkylbenzene. Each application is further described in detail in the report with volume and revenue forecasts for each application

.

On the basis of geography: A country level segmentation is done for both benzene market and its derivatives for regions segmented as the Asia-Pacific, North America, Europe, & ROW. Further for key countries in each region that include the U.S., Canada, Mexico, China, Japan, Taiwan, South Korea, India, Malaysia, Singapore, Thailand, Germany, France, The Netherlands, Italy, Spain, Russia, Belgium, U.K, Poland, Czech Republic, Brazil, Argentina, Saudi Arabia, Kuwait, and Iran.

The global Benzene market is expected to reach 53,432.9 kilotons by 2018, signifying a firm annualized growth rate of over 3.8%.

The Benzene market, along with its various derivatives, has witnessed a significant growth in the recent years and this growth is estimated to persist in the coming years.

Impregnating Resins Market Trends, Industry Demand, Analysis and Research Report 2023

The market size of Impregnating Resins is expected to be USD 1.5 billion in 2018 and is projected to reach USD 2.0 billion by 2023, at a CAGR of 6.4% from 2018 to 2023. 

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Technological advancements in the automotive industry and increasing demand for electricity are the key factors driving the impregnating resins market, globally. In addition, augmentation and modernization of the transmission & distribution network will boost the market, globally.

By type, the solventless segment is expected to be the largest contributor, in terms of volume, in the impregnating resins market during the forecast period.

The solventless segment is estimated to account for the largest share of the impregnating resins market during the forecast period. The high market share of solventless impregnating resins is due to their superior performance such as stability at room temperature, high reactivity, adaptability on any type of machine and process, high resin film build, and excellent technical properties when compared with other impregnating resins.

By application, automotive components is expected to be the fastest-growing segment, in terms of volume, in the impregnating resins market during the forecast period.

The automotive components is projected to be the fastest-growing application during the forecast period. The growth of this segment can be attributed to the technological advancement in the automotive industry. For instance, Nissan (model name: Leaf), GM (model name: Bolt), and Tesla Motors have successfully commercialized electric vehicles in the passenger car market. Changsha BYD Coach Company, Ltd. (China), a commercial passenger vehicle manufacturer, sells passenger buses in the global market.

Europe is the major revenue generating region in the global impregnating resins market owing to its large industrial base. APAC is the fastest-growing impregnating resins market, globally. The growth of the APAC impregnating resins market can be attributed to the augmentation and modernization of the transmission & distribution network and increasing demand for electricity in the region. In addition, several initiatives undertaken by the governments of different countries of the region to attract investments from various international companies are also expected to propel the growth of the APAC impregnating resins market during the forecast period.

Elantas GmbH (Germany), Axalta Coatings System (US), Von Roll Holdings AG (Switzerland), Hitachi Chemicals Company Ltd. (Japan), and Kyocera Corporation (Japan) are the key players operating in the impregnating resins market.

These companies have adopted various organic as well as inorganic growth strategies between 2015 and 2018 to strengthen their position in the market. Investments & expansions was among the key growth strategies adopted by these leading players to enhance their regional presence and meet the growing demand for impregnating resins from emerging economies.