Agricultural Lubricants Market worth 2.48 Billion USD by 2022

The global Agricultural Lubricants Market is projected to grow from an estimated USD 1.96 Billion in 2017 to USD 2.48 Billion by 2022, at a CAGR of 4.8% from 2017 to 2022.

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Key players operating in the agricultural lubricants market include Chevron (US), ExxonMobil (US), Fuchs Petrolub (Germany), Shell (The Netherlands), Total (France), BP p.l.c. (UK), and Phillips 66 (US), among others. These companies focus on investing in capacity expansions of plants to achieve growth in the agricultural lubricants market.

Governments of various countries grant support to farmers by providing subsidized agricultural equipment. Regional governments are encouraging farmers to adopt modern farming practices by providing guidance and monetary support at different levels to increase food production. This is a major driver of the agricultural lubricants market. Also, increasing mechanization in the agricultural industry is leading to the high demand for agricultural lubricants.

The mineral oil lubricants segment is projected to be the largest type segment of the agricultural lubricants market from 2017 to 2022. Mineral oil lubricants are light mixtures of alkanes and cyclic paraffins, and are available in light and heavy grades depending on the usage and requirement. The low cost and versatility of these lubricants is expected to drive the mineral oil lubricants type segment during the forecast period.

The engines segment is estimated to be the largest application segment of the agricultural lubricants market in 2017. The use of agricultural lubricants in engines helps protect against sludge and harmful deposits. In addition, the use of lubricants improves the fuel economy of agricultural equipment. Thus, heavy-duty engine oils in agricultural equipment improve engine life apart from delivering long drain capability to engines operating in severe applications.

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Asia Pacific is expected to be the fastest-growing market for agricultural lubricants during the forecast period. For people in 57% of the countries in the Asia Pacific, agriculture is the prime occupation and source of living. India is the fastest growing market in this region as subsidies are provided by the Indian government to farmers to help them increase their agricultural output, and thus enable higher profits. This helps farmers in buying agricultural equipment, such as tractors and implements. India is the world’s largest producer of spices, jute, millets, and castor oil seed. It is also the second largest producer of wheat and rice, the main food staples in the world.

High cost of synthetic and bio-based lubricants is a restraint in the agricultural lubricants market. These can be significantly expensive than mineral oil lubricants. Attracting small-scale farmers to use advanced agricultural equipment to increase farm yield is a challenge in the market. There is low awareness and less capital with small farmers who still follow the older farming methods.

Saturated Polyester Resin Market Size | Global Industry Report, 2021

The report "Saturated Polyester Resin Market by Type (Liquid SPR and Solid SPR), Application (Powder Coatings, Industrial Paints, Coil & Can Coatings, Automotive Paints, Flexible Packaging, and 2K PU Coatings), and by Region - Global Forecasts to 2021", The global saturated polyester resin market is projected to reach USD 4.77 Billion by 2021, registering a CAGR of 5.83% from 2016 to 2021.

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Key players in the saturated polyester resin market

Asia-Pacific is the largest market for saturated polyester resin, both in terms of volume and value, followed by Europe and North America. The key players in the global market include Royal DSM N.V. (Netherlands), Allnex Belgium SA/NV (Belgium), Arkema S.A. (France), Nuplex Industries (New Zealand), Stepan Company (U.S.), Evonik Industries (Germany), Nippon Gohsei (Japan), Covestro AG (Germany), and Megara Resins (Anastassios Fanis S.A.) (Greece).                                           

Browse 77 market data Tables and 42 Figures spread through 129 Pages and in-depth TOC on "Saturated Polyester Resin Market by Type (Liquid SPR and Solid SPR), Application (Powder Coatings, Industrial Paints, Coil & Can Coatings, Automotive Paints, Flexible Packaging, and 2K PU Coatings), and by Region - Global Forecasts to 2021"
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Increasing stringent regulations on VOC emissions leading to the development of eco-friendly technologies, such as powder coatings and waterborne coatings, are replacing solvent-borne coatings. This in turn drives the demand for saturated polyester resin, as they are one of the principal resin systems for powder coatings, and show high performance owing to superior mechanical properties. These factors contribute to the growth of the saturated polyester resin market.

Liquid SPR accounted for the largest share of saturated polyester resin market

Liquid SPR are primarily used for coil & can coatings and other uses, such as industrial paints, automotive paints, and 2k PU coatings. The growing demand for trim, soffit, fascia, other aluminum products, and commercial construction products, such as metal roofing, cladding, and HVAC equipment is driving the coil coatings market, which in turn drives the demand for liquid saturated polyester resin.

Powder coatings represent the bulk of the demand for saturated polyester resin

The powder coating segment will continue to account for the highest demand for saturated polyester resin because the powder coatings based on saturated polyester resin have good weather resistance, excellent impact strength, and adhesion to metals (even under humid conditions). Therefore, these are suitable for uses, such as in exterior and interior architectural applications, coating machinery, domestic appliances, steel furniture, and garden tools.

Asia-Pacific is estimated to account for the highest CAGR during forecast period

The U.S., China, India, and Germany are the largest consumers of saturated polyester resin. Factors, such as the need to reduce VOC emissions, huge and increasing addressable population base, rapid growth in construction activities, and increase in number of automobiles, wooden furniture, and other electronic appliances are driving the powder coatings market, which in turn is driving the Asia-Pacific saturated polyester resin market.

Metalworking Fluids: Global Market Analysis and Opportunities

The report "Metalworking Fluids Market by Product Type (Removal, Forming, Protection, and Treating Fluids), by End-Use Application (Transport Equipment, Machinery, Metal Fabrication, Primary Ferrous, and Non-Ferrous,), by Region - Global Forecast to 2020", The metalworking fluids market size, in terms of value, is expected to reach USD 9.74 Billion by 2020, at a CAGR of 3.2% between 2015 and 2020. The market is expected to be driven by the rapidly growing automotive sector for which the metalworking fluids are used during the manufacturing of automotive parts and other equipment.

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Currently, the metalworking fluids market is dominated by various market players such as ExxonMobil Corporation (U.S.), Houghton International (U.S.), Fuchs Petrolub SE (Germany), BP Plc. (U.K.), Total S.A. (France), Chevron Corporation (U.S.), Lubrizol Corporation (U.S.), and Idemitsu Kosan Co. Ltd. (Japan).

Browse 116 market data Tables and 47 Figures spread through 148 Pages and in-depth TOC on "Metalworking Fluids Market by Product Type (Removal, Forming, Protection, and Treating Fluids), by End-Use Application (Transport Equipment, Machinery, Metal Fabrication, Primary Ferrous, and Non-Ferrous,), by Region - Global Forecast to 2020"
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Removal Fluids to dominate metalworking fluids market

The metalworking fluids is segmented into four different product types, namely, removal fluids, forming fluids, protection fluids, and quenching fluids. The removal fluids are used to remove the metal chips produced during the drilling and milling of metal pieces. The forming fluids are used as rolling oils, forging fluids, and hydroforming fluids and are used in metal fabrication and machinery industries. Removal fluids are dominating the market share and the dominance will continue due to the high use of coolants, cutting fluids, and grinding fluids during the various machine processes in manufacturing.

Transport equipment dominates the metalworking fluids market across the globe

The metalworking fluids market has been segmented based on end-use industry into transport equipment, primary ferrous, primary non-ferrous, machinery and metal fabrication industry. The main industries linked with transport equipment are automotive and fabricated metal industries which are involved in the manufacturing of boilers, radiators, engines, and other equipment, hence driving the overall metalworking fluids market.

Increasing demand from manufacturing industry in Asia-Pacific:

The metalworking fluids market has been segmented based on five regions, namely, North America, Asia-Pacific, Europe, South America, and Middle East & Africa. There has been an increase in manufacturing activities of various products such as automotive, packaging, construction materials, among others, in Asia-Pacific. The rapid urbanization, increase in demand from rising population and higher disposable income is boosting the manufacturing industry in Asia-Pacific.

The research study is aimed at identifying emerging trends and opportunities in the metalworking fluids market along with a detailed classification of the market, in terms of value, and volume. It provides a comprehensive competitive landscape and identifies the key players with regard to market size and market share. The research study also includes a detailed segmentation of the metalworking fluids market on the basis of application, type, and region.

Apart from the market segmentation, this report also adopts the Porter’s Five Forces Analysis to provide an in-depth analysis of the market by providing a detailed process flow diagram and market dynamics such as drivers, restraints, challenges and opportunities in the metalworking fluids market.

Graphic Film Market worth 31.10 Billion USD by 2022 | CAGR of 5.17%

The report "Graphic Film Market by Polymer (PVC, PP, PE), Film Type (Opaque, Reflective, Transparent, Translucent), End Use (Promotional & Advertisement, Industrial, Automotive), Printing Technology (Digital, Rotogravure), and Region - Forecast to 2022", The graphic film market will grow from USD 24.17 Billion in 2017 to USD 31.10 Billion by 2022, at a compound annual growth rate (CAGR) of 5.17% from 2017. The growing market for promotional banners and wrap marketing are major driving factors for growth in the graphic film market. Along with the same, growth of the automotive and construction market will lead to growth of the graphic film market.

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The global market for graphic film is dominated by large players such as Avery Dennison Corporation (US), 3M Company (US), E. I. du Pont de Nemours and Company (US), CCL Industries (Canada), Constantia Flexibles Group (Austria), Hexis S.A. (France) , and DUNMORE Corporation (US). These players adopted various strategies to expand their global presence and increase their market share. Mergers & acquisitions, agreements & expansions, and new product launches are some of the major strategies adopted by market players to achieve growth in the graphic film market.                         |

Browse 192 Market Data Tables and 29 Figures spread through 181 Pages and in-depth TOC on "Graphic Film Market by Polymer (PVC, PP, PE), Film Type (Opaque, Reflective, Transparent, Translucent), End Use (Promotional & Advertisement, Industrial, Automotive), Printing Technology (Digital, Rotogravure), and Region - Forecast to 2022"
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Promotional & advertisement segment to gain maximum traction during the forecast period

In terms of end use, the promotional & advertisement segment accounted for the largest share. Promotional & advertisement banners are widely globally for attracting consumers and for making brand awareness; it thus accounts for the largest market share. The automotive segment accounted for the second-largest market share, as there is a growing trend of wrap marketing in the US, the UK, and Germany.

Polyvinyl chloride segment, by polymer, projected to be the fastest-growing during the forecast period

On the basis of polymer, the polyvinyl chloride segment accounted for the largest share of the market. This segment is witnessing high growth due to its ease of printing, flexibility, high durability, recyclability and a large number of application areas.

Asia Pacific region constitutes the largest share in the graphic film market

Asia Pacific accounted for the largest market for graphic film. This is a developing market due to the rapid urbanization, increase in disposable income, growth in economy, and growth in FDI. China accounted for the largest country-level market for graphic film, globally. This growth can be attributed to technological developments, rise in population, and high disposable incomes of consumers.

Wax Emulsion Market by Material Base & Type - Global Forecast 2021

Ther report "Wax Emulsion Market by Material Base (Synthetic Natural), Type (Polyethylene, Paraffin, Carnauba, Polypropylene, and Others), End Use Industry (Paints & Coatings, Adhesives & Sealants, Cosmetics, Textiles, and Others), Region (Asia-Pacific, North America, Europe, and RoW) - Global Forecast to 2021", The global wax emulsions market is expected to reach USD 3.2 Billion by 2021, at a CAGR of 3.9% from 2016 to 2021. A key driving factor for the growth of the wax emulsion market is consequent rise in the demand for paints & coatings, and adhesives & sealants.          

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Some of the key players operating in the global wax emulsion market include Michelman Inc. (U.S.), Altana AG (Germany), BASF SE (Germany), Nippon Seiro Co., Ltd. (Japan), Sasol Ltd. (South Africa), The Dow Chemical Company (U.S.), Exxon Mobile Corp. (U.S.), Momentive Performance Materials Inc. (U.S.), Lubrizol Corporation (U.S.), and Danquinsa GmbH (Germany).

Browse 96 market data Tables and 53 Figures spread through 149 Pages and in-depth TOC on "Wax Emulsion Market by Material Base (Synthetic Natural), Type (Polyethylene, Paraffin, Carnauba, Polypropylene, and Others), End Use Industry (Paints & Coatings, Adhesives & Sealants, Cosmetics, Textiles, and Others), Region (Asia-Pacific, North America, Europe, and RoW) - Global Forecast to 2021"
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Polyethylene segment to dominate the global wax emulsion market

Polyethylene has been widely used in the paints & coatings industry across major regions. Polyethylene and paraffin are mainly used in for better slip, scratch resistance, and water resistance on the surfaces. Cost effectiveness, and easy availability of polyethylene makes it a most preferred raw material over other raw materials for wax emulsions.

Paints & coatings is the major end use industry in the global wax emulsion market

The paints & coatings segment is the largest contributor to the global wax emulsion market. Almost one third of the global wax emulsion produced is consumed by the paints & coatings industry. This is mainly attributed to better chemical stability and environment friendly characteristics of wax emulsions. The absence of substitutes also drives the growth of wax emulsion market. In fact, solvent system is expected to get replaced by wax emulsion in paints & coatings, which is more eco-friendly option for the manufacturers.

Asia-Pacific is the most dominant region in the global wax emulsion market

Asia-Pacific dominates the global wax emulsion market. Increasing demand from industries such as adhesives & sealants and paints & coatings is likely to drive the growth of wax emulsion market in this region. This region is becoming one of the most favorable investment locations all over the world because of easily available and cost-effective labor. This in turn helps the industrial sector in the region grow rapidly in recent times, which is further driving the demand for wax emulsion in the region.

The global wax emulsion market is segmented on the basis of material base (synthetic natural), type (polyethylene, paraffin, carnauba, polypropylene, and others), end use industry (paints & coatings, adhesives & sealants, cosmetics, textiles, and others), region (Asia-Pacific, North America, Europe, RoW).