All About Chemical Trends

This is my blog related to Chemicals

The glass curtain wall market is projected to reach USD 73.4 billion by 2023

Based on system , the unitized curtain wall segment in the glass curtain wall market is projected to grow at a higher CAGR during the forecast period, in terms of both value and volume. 

Akzo Nobel N.V., and Dow Chemical are key players in Carboxymethyl Cellulose Market

The top companies in the carboxymethyl cellulose market include Akzo Nobel N.V., CP Kelco U.S., Inc., (A Subsidiary Of J.M. Huber Corporation Company), Ugur Seluloz Kimya A.S, Química Amtex S.A. De C.V, The Dow Chemical Company, DKS Co. Ltd., Nippon Paper Industries Co. Ltd, Daicel Corporation,     Ashland Inc., and Lamberti S.P.A.

Bio-Based & Specialty Polyamide Market, By Company and Their Offerings

The Global Polyamide Market was valued at USD 25.14 Billion in 2016 and is projected to reach USD 30.76 Billion by 2021, at a CAGR of 4.1% from 2016 to 2021.

Early impacts of COVID 19 on Levulinic Acid Market

Major application industries using levulinic acid are plasticizers, pharmaceuticals & cosmetics, and others. The demand from these industries for levulinic acid is projected to grow in the coming years, as these acids are bio-based and renewable. 

How will COVID-19 impact on Packaging Additives (Functional Additives and Barrier Coatings) Market

Some of the prominent packaging additive (functional additive and barrier coating) manufacturers include BASF SE (Germany), Songwon Industrial Co. Ltd. (South Korea), Cytec-Solvay Group (U.S.), Clariant Corp. (Switzerland), and Addivant (U.S.).

Early impacts of COVID 19 on Powder Coatings Market

Powder Coatings Market by Resin Type (Thermoset and Thermoplastic), Coating Method (Electrostatic Spray, Fluidized Bed), End-use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture), and Region - Global Forecast to 2025

 

Impact of COVID 19 on Immersion Cooling Market

The immersion cooling market is projected to grow from USD 177 million in 2019 to USD 501 million by 2024, at a CAGR of 23.2% from 2019 to 2024.

High performance computing is projected to lead the immersion cooling market

Based on application, the High Performance Computing (HPC) segment of the immersion cooling market is projected to grow at a higher CAGR during the forecast period. 

Massive ethylene carbonate industrial growth in Asia-Pacific and Africa

The demand for ethylene carbonate is driven mainly by its growing demand in various end-use industries such as automotive, medical, industrial, and personal care & hygiene.

 

Waterborne polyurethane market drivers,key players,and outlook 2019

Waterborne polyurethane (WPU) is fully reacted polyurethane in a continuous water phase, resulting in a solvent-free medium. The health and environmental issues caused due to the use of solvent-based polyurethane can be avoided by using WPU-based products. 

The metal bonding adhesives market is projected to reach USD 7.70 Billion by 2021, at a CAGR of 6.5%

Stringent government regulations to enhance fuel economy; growth of the automotive, pharmaceuticals, and mining industries; steadily improving GDPs; and increased adoption of adhesives in automotive applications are factors anticipated to propel the growth of the metal bonding adhesives market.

The renewable chemicals market is relatively niche with less number of players globally

The leading players in the renewable chemicals market include BioAmber (Canada), Myriant Corporation (U.S.), Metabolix Inc. (U.S.), BASF SE (Germany), Mitsubishi Chemical Corporation (Japan), Braskem (Brazil), 

Stucco Market Size,Forecast, and Analysis 2019 to 2024

Stucco is a Portland cement plaster applied to the exterior of a building to protect its underlying structure from water, moisture, and various other environmental forces. It offers various properties to the construction space; these include enhanced water-shedding, hardness, impact-resistance, fire-resistance, and color-retention, and smooth exterior finishing.

 

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Besides, it incurs low maintenance costs, is strong, is versatility, and is easy to install. As a result of these properties, there is a boost in demand for stucco. The other reason propelling the demand is the rise in residential, commercial, and industrial construction activities. However, lack of awareness and shortage of skilled labor may inhibit the growth of the stucco market in the coming years.

 

MarketsandMarkets projects the global stucco market size to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a CAGR of 4.2% from 2019 to 2024. The market for stucco is segmented, on the basis of type, into traditional and insulated. The traditional segment dominated the market and accounted for a larger share during the forecast period. This dominant market position can be attributed to the versatility, strength, smooth & rough texture, and durability of traditional stucco.

 

On the basis of end-use, the non-residential segment is projected to be a larger segment in the stucco market during the forecast period. However, the residential segment is projected to be the fastest-growing end-use segment in the stucco market. This is primarily due to favorable and lenient lending policies initiated by governments across all regions, which drive the sales of residential construction projects. Furthermore, regulations regarding the construction of energy-efficient buildings are expected to drive the stucco market in the residential building segment.

 

The stucco market is studied for five regions, namely, North America, Asia Pacific, Europe, the Middle East & Africa, and South America. The Asia Pacific region accounted for the largest market share in 2018, in terms of value and volume. It is projected to grow at the highest CAGR from 2019 to 2024, in terms of both value and volume.

 

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The purpose of stucco is more than just being a layer for the exterior walls. It is accepted to be a durable wall cover in all climates, as it reduces the amount of energy required to heat or cool a building. It also minimizes the amount of heat that escapes during the winter and limits the hot summer air to penetrate into the building. It also reduces air infiltration by as much as 55% compared to a standard traditional plaster. Moreover, it also has excellent resistance to dirt, mold, and mildew, which helps keep the building exteriors look clean.

 

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Japan Accounted for the Second-Largest Share of the Ethylene Carbonates Market

The global Ethylene Carbonate Market is projected to grow from USD 264.8 Million in 2017 to USD 355.1 Million by 2022, at a CAGR of 6.0% in terms of value from 2017 to 2022.

 

Browse 104 tables and 33 figures spread through 122 pages and in-depth TOC on "Ethylene Carbonate Market by Application (Lithium Battery Electrolytes, Lubricants, Plasticizers, Surface Coatings), End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2027".

 

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Asia Pacific is projected to lead the global methacrylate monomers market during the forecast period.

Asia Pacific is projected to be the largest market for ethylene carbonate during the forecast period. Asia Pacific has emerged as the leading customer of ethylene carbonate, owing to the increasing demand from various applications in the region, increasing disposable income, and easy access to raw materials due to efficient distribution channels. The growth of the ethylene carbonate market in the Asia Pacific region is mainly driven by China, which is experiencing substantial growth fuelled by rising investments to establish manufacturing facilities for ethylene carbonate in the country. The growth of oil & gas, industrial, and automotive industries is also driving the market for ethylene carbonate in this region.

 

By end-use industry, the automotive segment of the ethylene carbonate market is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for lithium battery electrolyte in electric vehicles. In addition, initiatives taken by government bodies to encourage electric vehicles is a major factor contributing to the growth of the automotive industry.

 

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Key players in the ethylene carbonate market are Oriental Union Chemical Corporation (Taiwan), Huntsman (US), BASF (Germany), Mitsubishi Chemical (Japan), and Toagosei Co., Ltd. (Japan). These players have established their brands. Ethylene carbonate produced by these companies is consumed domestically and is further supplied to various countries such as China, Japan, New Zealand, Australia, and others within Asia Pacific.

 

Technological advancements in the end-use industries are fuelling the demand for ethylene carbonate in North America and Europe. End-use industries, such as automotive and manufacturing are benefited from the development of various applications such as lithium battery electrolyte and lubricants stabilizers in terms of increasing the efficiency of vehicles and equipment used in these industries. 

 

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Top 10 High Growth Composite Material Market worth 105.26 Billion USD by 2021

The market for top 10 high growth composite materials is estimated to grow from USD 69.50 Billion in 2015 to USD 105.26 Billion by 2021, at a CAGR of 7.04% between 2016 and 2021.

Higher Cost of Synthetic Paper as Compared to Pulp Paper

The Synthetic Paper Market is estimated at USD 587 million in 2019, and is projected to reach USD 873 million by 2024, at a CAGR of 8.3% from 2019 to 2024.

 

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Increasing applications in labels, printing, and paper bags are leading to the demand for synthetic paper from end-use industries. Synthetic papers are used owing to properties, such as water resistance, tear resistance, chemical resistance, and dimensional stability, among others. Major end-use industries of synthetic paper include paper, packaging, and others.

 

The printing segment is projected to grow at the highest CAGR, in terms of value during the forecast period

Based on application, the printing segment is projected to grow at the highest CAGR owing to the increase in demand for more durable and superior quality prints which can also be used for outdoor applications. The applications of synthetic paper include menus, personalized marketing material, point of purchase displays, advertisement displays, wrist bands, cards / envelopes, tickets / passes, and labels for various end-use industries, among others.

 

Asia Pacific is projected to lead the synthetic paper market during the forecast period

By region, the synthetic paper market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region was the largest market for synthetic paper in 2018 and is expected to continue to lead in the coming years. This region is witnessing a high demand for synthetic paper from various end-use industries, such as paper, packaging, and others. High demand from China, Japan, and India is expected to drive the market in this region. Improving lifestyles of populations, rising environmental concerns, and high demand for printing applications in the countries of this region are fueling the growth of the synthetic paper market.

 

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Major companies operating in the synthetic paper market include Nan Ya Plastics Corporation(Taiwan), PPG Industries (US), Agfa-Gevaert Group (Belgium), Yupo Corporation (Japan), Arjobex SAS (France), American Profol (US), HOP Industries Corporation(US), Relyco Sales (US), Transilwrap Company, Inc. (US), Cosmo Films (India), Neenah Inc. (US), and Toyobo Co., Ltd (Japan), among others.

 

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