All About Chemical Trends

Ultrapure water is a growing market, with a significant number of global and regional players. The major companies operating in the global ultrapure water market are GE Water and Process Technologies Inc. (U.S.), Veolia Environment S.A. (France), Ovivo Inc. (Canada), Pall Corporation (U.S.), Dow Water & Process Solutions (U.S.), Koch Membrane Systems (U.S.), and Hydranautics (U.S.), among others.

Browse 96 market tables and 58 figures spread through 166 pages and in-depth TOC on "Ultrapure Water Market by Equipment, Materials & Services (Filtration, Consumables/Aftermarket, and Others), by Application (Washing Fluid and Process Feed), by End Use Industry (Semiconductors, Coal Fired Power, Flat Panel Display, Pharmaceuticals, Gas Turbine Power, and Others) & by Region - Global Trends & Forecast to 2020".

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The semiconductors end-use industry is expected to dominate the ultrapure water market by 2020

Ultrapure water in the semiconductors industry is expected to contribute the maximum share in this market by 2020. Increased demand for the high purity water in wafer fabrication and semiconductors industry is driving the growth in this segment. Apart from this industry, coal fired power plants, flat panel, and pharmaceuticals are other major end-use industries of ultrapure water.

Washing fluid segment to account for the highest share in the ultrapure water market by 2020

Washing fluid is the largest application for ultrapure water. Many end-use industries such as semiconductors, flat panel, and pharmaceutical use ultrapure water as washing fluid. Various processes in these industries require washing and cleaning in order to remove impurities and particles from the small parts, this is achieved through the use of highly purified ultrapure water. Apart from washing fluid, ultrapure water is also used as the process feed in coal fired power plants and gas turbine power generation companies.

Asia-Pacific to dominate the ultrapure water market during the forecast period

Asia-Pacific accounted for the largest share of the ultrapure water market in 2014, followed by North America and Europe. The Asia-Pacific and North America regions are further expected to show a high growth in the future. The growth is attributed to the increased growth in the electronics industry which creates more demand for ultrapure water and installations of new coal fired power plants in Asia-Pacific.

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These companies focusing on new product launches, agreements, contracts, mergers & acquisitions, expansions & partnerships have together accounted for 56% of total new developments in the ultrapure water market between 2011 and 2015.

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The global Battery Recycling Market is projected to grow from USD 8.10 billion in 2016 to USD 11.83 billion by 2022, at a CAGR of 6.5% from 2017 to 2022.

Subsidies to encourage battery recycling and growing number of hybrid and electric vehicle batteries could provide growth opportunities for the battery recycling market in the coming years. The global battery recycling market is projected to reach USD 11.83 billion by 2022, at a CAGR of 6.5% from 2017 to 2022.

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The lead-acid battery chemistry segment dominated the battery recycling market in 2016 and is also expected to witness high growth during the forecast period. This growth can be attributed to the increased demand from Europe, North America, and Asia-Pacific regions.

The increasing demand from developing countries in Asia-Pacific and South & Central America is also expected to boost the growth of the battery recycling market. The growing global population is expected to fuel the demand for passenger cars, which, in turn, is expected to drive the battery recycling market.

Based on source, the automotive segment is expected to witness the highest growth during the forecast period, in terms of value. This source accounts for the highest output of spent lead acid batteries in all the regions. The increasing use of automobiles and growing number of government regulations to recycle the batteries have fueled the global demand for battery recycling market.

The growth in demand is particularly high in the emerging regions such as Asia-Pacific for automobile batteries. Automotive source is evolving as the most suitable battery source for battery recycling as batteries used in automobiles are the most commonly used type of batteries and 99% of the lead content of these batteries is recyclable.

Exide is among the leading battery recyclers and has designed its Total Battery Management (TBM) program as an integrated approach to manufacture, distribute, and recycle lead-acid batteries. The TBM program also frees the customers from the regulatory burdens of handling spent batteries and keeps recyclable materials in the manufacturing stream instead of landfills. Exide recycles more than 1.1 million pounds of lead per day, recovers and neutralizes more than 15 million gallons of sulfuric acid per year, and generates more than 30 million pounds of sodium sulfate annually from spent batteries.

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There are a few more companies that are working in the battery recycling market. These include Aqua Metals (U.S.), Umicore (Belgium), EnerSys (U.S.), Teck Resources Ltd. (Canada), Gopher Resource (U.S), G&P Batteries (U.K.), Terrapure Environmental (Canada), East Penn Manufacturing Co. (U.S.), Retriev Technologies Inc. (U.S.), Com2 Recycling Solutions (U.S.), RSR Corporation (U.S.), Doe Run (U.S.), Raw Materials Company Inc. (Canada), World Logistics Inc. (U.S.), Guangdong Brunp Recycling Technology Co., Ltd, (China), Metalex Products Ltd. (Canada), Accurec Recycling GmbH (Germany), Tonolli Canada, Ltd. (Canada), Kinsbursky Brothers, Inc. (U.S.), Recupyl S.A.S. (France), and Vinton Batteries (U.K.).

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The global high Performance Pigments (HPPS) Market size was USD 4.56 billion in 2015 and is projected to reach USD 5.71 billion by 2021, registering a CAGR of 3.81% between 2016 and 2021. Key strategies such as expansions and new product launches are adopted by the major players to meet the demand of end users. The major HPPs manufacturers are also focusing on merger & acquisition activities to strengthen their market position by increasing their share in the HPPs market.

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“High Performance Pigments Market, by Type (Organic - Benzimidazolones, Quinacridones, Perylenes, DPP and Inorganic/Metallic - Bismuth Vanadate, Cadmium), Application (Coatings, Plastics, Inks, Cosmetic Products)—Global Trends & Forecasts to 2021”.

The coatings application segment accounted for the leading share of HPPs market in 2015. Other applications such as plastics, inks, and others also account for a significant share of the overall market. The use of HPPs in cosmetic products and in the textile, industry is in their initial phase and are expected to grow significantly.

Asia-Pacific held the largest share of the global HPPs market, in terms of value, in 2015. Asia-Pacific is closely followed by North America. It is also the fastest-growing market for HPPs in the world. Growing urbanization and industrialization, increasing demand for HPPs in plastics, cosmetic products, and coatings applications is driving the demand for HPPs in the Asia-Pacific region.

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Some of the major players operating in the global HPPs market are BASF SE (Germany), Clariant AG (U.S.), Huntsman Corporation (Japan), Lanxess AG (Germany), Solvay SA (Belgium), Atul Ltd. (India), Sudarshan Chemical Industries Ltd (India), Heubach GMBH (Germany), Sun Chemical Corporation (U.S.), Synthesia A.S. (Czech Republic), Ferro Corporation (U.S.), and Gharda Chemicals Ltd. (India). Most of the companies have adopted expansions and new product launches as their development strategies to sustain in the global HPPs market.

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The Pressure Sensitive Adhesives (PSA) Market was valued at USD 7.87 billion in 2015 and is projected to reach USD 11.22 billion by 2021, at a CAGR of 6.1% between 2016 and 2021.

The increasing demand for PSAs from varied end-use industries, such as packaging, automotive & transportation, and electronics, electrical & telecommunication is driving the growth of the PSA market. Increasing applicability of PSAs in tapes and labels and the ability of PSAs to dampen vibration and inhibit corrosion are additional factors propelling the demand for PSAs among varied end-use industries.

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The report analyzes the key growth strategies adopted by market players between 2011 and 2016. Henkel AG & Co. KGaA (Germany), 3M Company (U.S.), The Dow Chemical Company (U.S.), Avery Dennison (U.S.), Ashland Inc. (U.S.), and H.B. Fuller (U.S.) are leading players in the PSA market.

The Dow Chemical Company operates its PSA business under its infrastructure solutions segment. The company launched Robond L95D, a pressure sensitive aqueous solution for medical and specialty tapes in March 2011. In November 2012, the company invested in a new lab-scale equipment to accelerate technological developments in the PSA market.

Growth in this market is mainly attributed to the increasing demand for PSAs from varied end-use industries such as packaging, automotive & transportation, and electronics, electrical and telecommunication. Properties such as high tack and resistance to peel & sheer are responsible for the extensive use of PSA labels. PSA tapes are also widely used across varied end-use industries, owing to their ability to dampen vibrations and inhibit corrosion as well as provide superior bonding and enhance aesthetical properties of products.

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The labels segment is the fastest-growing application segment of the PSA market, in terms of volume and value. This is due to increasing usage of labels in the packaging, medical & healthcare, and automotive & transportation end-use industries. Electronics, electrical & telecommunication is the fastest-growing end-use industry, in terms of volume and value. This is due to the increasing applicability of PSAs in integrated circuits, electronic components, and insulating tapes.

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The Market for Industrial Packaging is projected to grow from USD 54.94 Billion in 2016 to reach USD 93.28 Billion by 2026, at a CAGR of 5.4%.

Browse 111 market data tables and 48 figures spread through 168 pages and in-depth TOC on “Industrial Packaging”.

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In terms of application, the market is segmented into chemicals & pharmaceuticals, food & beverages, building & construction, oil & lubricants, automobile, and others such as rubber & plastic, agriculture, and metal fabrication. Industrial packaging is widely used in the chemical and pharmaceutical sectors wherein a majority of low volume chemical products are packed in sacks.

Also, due to the increase in aging population and growing occurrences of chronic diseases, the use of industrial bulk packaging in pharmaceuticals is also increasing. The food & beverages segment is projected to grow at the highest rate.

In 2015, the Asia-Pacific region accounted for the largest share in the total market of industrial packaging, in terms of value, followed by Europe and North America. Asia-Pacific is projected to grow at the highest CAGR among all the regions from 2016 to 2026. This is mainly due to increasing exports from emerging economies such as China and India.

Also, increasing urbanization and industrialization, rising consumer spending, and changing lifestyles are the prime reasons for the growth in the industrial packaging. Stringent rules & regulations and recycling & environmental concerns are the key restraints in the industrial packaging market.

The industrial packaging market has been categorized based on pack type, material, application, and region. In terms of pack type, the sacks segment accounted for the largest market share, in terms of both value and volume which is projected to grow at the highest CAGR. Plastic packaging sacks are replacing paper and jute packaging because of their versatile properties such as flexibility, durability, lightweight, and low cost.

Moreover, plastic is suitable for all types of packaging products including food, chemicals, and fertilizers. The demand for plastic packaging is on the rise because of the increasing demand for convenience food from consumers across the globe.

In terms of material, the plastic material segment accounted for the largest share in this market, in terms of both value and volume, among material types. This is projected to grow at the highest CAGR between 2016 and 2026. In terms of volume, the paperboard segment was the second largest in 2015, and is projected to grow at a CAGR between 2016 and 2026. In 2015, paperboard material accounted for 28.5% of the total industrial packaging market.

Strategies such as mergers & acquisitions and agreements & expansions were largely adopted by most of the players in this market. Companies such as Grief Inc. (U.S.), Mondi Plc (South Africa), Amcor Limited (Australia), WestRock (U.S.), International Paper Co. (U.S.), Bemis Company Inc. (U.S.), Orora Group (Australia), Mauser Group (Germany), Sigma Plastics Group (U.S.), and Wuxi Sifang Drums Company (China) were the key players who adopted these strategies to expand their businesses globally by investing in the establishment of manufacturing facilities and technical service centers in various regions.

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Companies such as Grief Inc. (U.S.) is one of the largest in terms of quality, sales, and profitability. It has begun to rebalance manufacturing network, lower structural operating costs and sell underperforming operations, which have affected 26 operating facilities in rigid & flexible packaging & services globally.

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The global Zinc Oxide Market size is expected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4% during the forecast period. This is attributed to the large-scale demand for rubber and ceramic applications.

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The indirect (French) process segment is projected to lead the zinc oxide market during the forecast period. Relative simplicity in the process and the high purity levels of ZnO with low levels of heavy metal content are the driving factors for the wide adoption of the French method.  

The rubber application accounted for the majority of the zinc oxide market share. Zinc oxide is consumed mainly in the manufacturing of tires, and the large-scale demand from this application is driving the demand for zinc oxide globally. Zinc oxide in tire manufacturing is used for the vulcanization process along with stearic acid.

Based on the region, the zinc oxide market has been segmented into APAC, Europe, the Middle East & Africa, North America, and South America. APAC accounted for the largest share of the market in 2018. The region has emerged as the largest consumer of ZnO owing to the large-scale demand for manufacturing of rubber and tires in countries such as China, Thailand, and India. Europe accounted for the second-largest share in the overall ZnO market in 2018. The market is projected to grow at the fastest rate in Middle East & Africa.

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The key players in the zinc oxide market are US Zinc (US), Zochem (US), EverZinc (Belgium), ZM Silesia (Poland), Akrochem (South Africa), Rubamin (India), Pan-Continental Chemical (Taiwan), J.G. Chemicals (India), Upper India (India), and Suraj Udyog (India). These players have adopted the strategy of acquisition to enhance their product offerings and geographic presence.

US Zinc (US) adopted acquisition as its key strategy to expand its geographic presence in the global zinc oxide market. In January 2019, Aterian Investment Partners acquired US Zinc from Votorantim Group as a part of an international carve-out transaction. This step was taken to increase the opportunity to capture the market in both the local and international markets.

EverZinc (Belgium) undertook the strategy of acquisition to increase its product offering. In January 2019, the company announced that it had acquired G.H. Chemicals (GHC), a Canadian manufacturer, and exporter of ZnO. This strategy will is expected to help the company to expand its product portfolio and market using GHC’s high-class facilities.

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The global Flocculant And Coagulant Market is projected to reach USD 6.01 billion by 2022, at a CAGR of 5.9% between 2017 and 2022. The demand for flocculant and coagulant is primarily driven by stricter regulatory and sustainable mandates concerning the environment coupled with declining freshwater resources.

Browse 81 Market Data Tables and 28 Figures spread through 137 Pages and in-depth TOC on "Flocculant and Coagulant Market”

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Flocculants and Coagulants (F&C) are chemical compounds used for water treatment to remove impurities, which may be of metallic, organic, or non-organic nature. Coagulants are used to destabilize suspended particles through a chemical reaction and flocculants are responsible for the transportation of the destabilized particles that cause collisions. Coagulants and flocculants are used in both municipal and industrial water treatment applications.

The global flocculant and coagulant market is projected to reach USD 6.01 billion by 2022, registering a CAGR of 5.9% between 2017 and 2022. Declining freshwater resources coupled with stringent regulatory and sustainable mandates concerning the environment are the key factors driving the flocculant and coagulant market. However, the growing demand for alternative water treatment technologies, including UV disinfection and RO filtration is inhibiting market growth.

Key companies profiled in this report are SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (U.S.), Solenis LLC (U.S.), Buckman Laboratories, Inc. (U.S.), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).

Rapid urbanization and increasing population of developing regions have encouraged companies to adopt several business strategies to stay competitive in the global flocculant and coagulant market between 2013 and 2017. Therefore, leading companies have adopted new product launches, expansions, and acquisitions as their key growth strategies in the global flocculant and coagulant market.

Kemira OYJ (Finland), one of the largest flocculant and coagulant manufacturers in the world, has adopted new product launches as its key strategy. Moreover, the company offers a broad product portfolio of coagulants and flocculants to numerous end-use industries, such as oil & gas, mining, and municipal water treatment.

The company’s coagulant product line includes a wide range of organic and inorganic coagulants, and offers both, dry and emulsion flocculants. Additionally, Kemira has a strong manufacturing and customer base worldwide. For instance, in April 2017, the company launched a high performance cationic flocculant named Kemira Superfloc® XD-7600 especially engineered for sludge dewatering applications. The product can enhance the sludge handling efficiency, and minimize storage and transportation cost.

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BASF SE (Germany) has considered expansion as its key strategy to stay competitive in the global flocculant and coagulant market. Its in-depth product portfolio and strong geographic presence are the biggest strength of BASF’s core competency. BASF is the third-largest manufacturer of flocculants, globally, and offers products under its popular brands, namely, Alclar, Magnafloc, Organopol, Organosorb, Rheomax, and Zetag. Similarly, the company also has a decent product offering of inorganic coagulants under the brand name, Magnafloc and Magnasol. The company has a broad product portfolio of flocculants and coagulants for both, industrial water treatment and process, and municipal water treatment application. The company serves industries, such as pulp & paper, mining, and others. For instance, in April 2016, the company opened a bio-acrylamide (BioACM) production plant in Bradford, U.K. This facility will strengthen the company’s polyacrylamides production footprint worldwide.

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The Cosmetic Products Market is estimated to grow with the increasing demand for skin care products, color cosmetics, hair care products, and other such cosmetics.

The changing fashion trends, rising standards of living, and globalization of the cosmetic industry are driving the cosmetic products market. The leading companies in the market are involved in technological advancements and innovations to develop new products.

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The cosmetic products market is segmented on the basis of type, distribution channel, and geography. On the basis of type, it includes skin care products, hair care products, fragrances & deodorants, color cosmetics, personal hygiene products, oral hygiene products, bath & shower products, soaps, sun care products, and others. The market segmentation on the basis of distribution channel includes supermarkets, department stores, specialty stores, beauty salons, pharmacy & drug stores, Internet retailing, and others. The geographic segmentation of the market includes North America, Asia-Pacific, Europe, and Rest of the World (ROW).

The cosmetic products market is projected to grow at a CAGR of 6.3% with Europe as the largest market. It is expected to grow at a higher pace with increase in the disposable income of consumers in emerging markets. The Asia-Pacific region is projected to be the fastest growing market due to the increasing demand for color cosmetics, skin care, and hair care products here.

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The leading players in this market include Procter & Gamble Co. (U.S.), the L’Oreal Group (France), The Estée Lauder Companies, Inc. (U.S.), and Unilever PLC. (U.K.). It also includes players such as Shiseido Company Ltd. (Japan), Avon Products Inc. (U.S.), and others.

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The 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.

The growth of the ethylene carbonate market can be attributed to the increasing demand for ethylene carbonate across various applications, such as lithium batteries electrolytes, lubricants, coatings, and plasticizers. 

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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.

In 2016, Oriental Union Chemical Corporation (OUCC) accounted for the largest share in the overall ethylene carbonate market. It supplies ethylene carbonate, ethylene glycols, ethylene oxide, gas oxygen, gas nitrogen, liquid nitrogen, liquid argon, monoethanolamine, polyethylene glycol, polyoxyethylene lauryl ether, and methoxy polyethylene glycols to Taiwan and other countries in APAC. The company has a manufacturing plant in Taiwan to supply ethylene carbonate across various end-use industries of the country.

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By region, the ethylene carbonate market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. Asia Pacific is the leader in terms of consumption of ethylene carbonate. The increasing demand for lithium battery electrolyte, plasticizers, and surface coating-based products from China, South Korea, Taiwan, and Japan is a key driver of the market in the region. The increasing demand for surface coatings and lubricants from oil & gas, industrial, and automotive industries and rising investments in establishing manufacturing facilities of ethylene carbonate are expected to drive the market for ethylene carbonate in this region.  

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The market size of Polymer Foam is estimated at USD 94.86 billion in 2017, and is projected to reach USD 126.08 billion by 2022, at a CAGR of 5.86% from 2017 to 2022. The automotive industry is projected to register the highest CAGR of 6.26% between 2017 and 2022.

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PU segment accounted for the largest share of the overall polymer foam market

The PU foam segment dominates the overall polymer foam market. This foam is used mainly in furniture & bedding and building & construction industries. These two end-use industries account for more than half of the total demand for PU foam.

Major companies such as BASF and Recticel offer various PU foams for diverse applications. BASF provides these foams under brands such as Elastospray, Enertite, Pluracel Foam, Pluralux, Spraytite, Walltite, Elastopan, AutoFoam, and Elastopor. Recticel produces PU foam under brands such as Sensus, Body Foams, Frame Foams, Dryfeel Rebounce, Arcadia, Polygrow, and TryOn.

Polymer foam market is expected to witness the highest growth in the automotive industry

The polymer foam market in the automotive end-use industry is estimated to register the highest CAGR between 2017 and 2022. The high growth in this end-use industry is attributed to the increasing applications in gaskets, headliners, cushioning, and cables. The overall growth of the automotive industry also supports the growth of the market in this segment.

Asia Pacific is the largest and the fastest-growing market for polymer foam

Asia Pacific has been the largest polymer foam market. The market in the region is also projected to register the highest CAGR of 6.81%, in terms of value, between 2017 and 2022. China led the market in the region, owing to increased manufacturing and assembling of vehicles in the past 2–3 years. China is also the largest consumer of polymer foam, globally. The presence of other emerging economies such as India, Indonesia, and Thailand also support the growth of the Asia Pacific market.

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Sealed Air (U.S.), Arkema (France), Armacell (Germany), BASF (Germany), Borealis (Austria), Total (France), JSP (Japan), Kaneka (Japan), Recticel (Belgium), Rogers (U.S.), Sekisui Alveo (Switzerland), Synthos (Poland), Woodbridge (Canada), and Zotefoams (U.K.). are the key players that are actively present in the global polymer foam market.

The market players are expected to undertake organic growth strategies, such as regional expansion, joint venture, and new product developments, to expand their overall business and tap the fast growing regions. Many companies are also engaged in developing innovative products as well as enhancing their presence in the emerging markets.

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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.

Browse 89 market data Tables and 42 Figures spread through 132 Pages and in-depth TOC on "Synthetic Paper Market by Raw Material (BOPP, HDPE), Application (Labels, Printing, and Paper Bags), End-Use Industry (Packaging, Paper), Region (North America, Europe, APAC, South America, Middle East & Africa) - Global Forecast to 2024".

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Rising environmental concerns due to the use of wood pulp for the manufacture of paper, 100% recyclability, and rising applications for printing, and paper bags are expected to drive the Synthetic Paper Products Market. Growing demand from the Asia Pacific region from end-use industries, such as paper and paper bags are also expected to fuel the demand for Global Synthetic Paper Market.

Key questions addressed by the report

• What are the future revenue pockets in the synthetic paper market?
• Which key developments are expected to have a long-term impact on the global synthetic paper market?
• Which products, equipment, and processes are expected to cannibalize existing markets? 
• How is the current regulatory framework expected to impact the market?
• What will be the future product mix of the synthetic paper products market?
• What are the prime strategies of leaders in the synthetic paper market?

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.

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Key Market Players

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 are the major players in the synthetic paper market.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets's™ flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact Us-

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

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sales@marketsandmarkets.com

The Global Water Treatment Biocides Market size is projected to reach USD 4.7 billion by 2024 from the estimated USD 3.5 billion in 2019, at a CAGR of 6.2% between 2019 and 2024. Water treatment biocides are active substances or chemicals used to destroy or prevent the growth of any microorganisms, such as bacteria and fungi.

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They are used in water-intensive applications, where the growth of microorganisms can create problems, such as microbially influenced corrosion (MIC) and anti-fouling, among others. The growing water scarcity and depletion of freshwater and groundwater resources have led to the increasing use of water treatment biocides. 

Based on product type, the water treatment biocides market is segmented into oxidizing biocides and non-oxidizing biocides. The non-oxidizing biocides led the water treatment biocides, in terms of value, in 2018. The growing demand for non-oxidizing agents in applications such as oil & gas, power plants, and pulp & paper, among others is driving this segment of the market.

Based on application, the water treatment biocides market is segmented into municipal water treatment, oil & gas, power plants, mining, pulp & paper, swimming pools, and others. The others segment comprises reverse osmosis membranes, poultry, and food & beverage.

 The oil & gas application accounted for the largest share of the market in 2018, in terms of value. This is because of the growing oil & gas exploration, globally where water treatment biocides are used for proper control of bacteria and other microorganisms in various applications, such as hydraulic fracturing and produced water systems, among others.

North America is estimated to be the largest water treatment biocides market by 2024, in terms of value. This is due to the presence of the major manufacturers of water treatment biocides in the region, including DuPont (US), Ecolab Inc. (US), Solenis (US), Innovative Water Care (US), and Albemarle Corporation (US), among others. In addition, the increasing awareness regarding the need to recycle and reuse water are the other factors driving the demand for water treatment biocides in the region.

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DuPont (US), Ecolab Inc. (US), Solenis (US), SUEZ (France), Innovative Water Care (US), BWA Water Additives (UK), Kemira Oyj (Finland), Veolia (France), Nouryon (Netherlands), Albemarle Corporation (US), LANXESS Group (Germany), and ICL Group (Israel), among others are the leading manufacturers within the global water treatment biocides market.

These players are focusing on the strategy of new product launch to cater to the specific demands of the end users. They have also adopted the strategy of contract & agreement and expansion to increase their market reach, enhance their product portfolio, and strengthen their market position.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact MarketsandMarkets™:

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The Fumed Silica Market is projected to reach USD 2.26 Billion by 2022, at a CAGR of 7.1% from 2017 to 2022.

Browse 80 market data tables and 56 figures spread through 197 pages and in-depth TOC on "Fumed Silica Market by Type (Hydrophilic, Hydrophobic), Application (Paints & Coatings and Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting), and Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022".

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Increasing awareness regarding the benefits of fumed silica and growing usage of fumed silica in the paints & coatings and inks, adhesives & sealants, pharmaceuticals, and gel batteries applications are driving the growth of the fumed silica market.

Based on application, the pharmaceuticals segment is projected to grow at the highest CAGR between 2017 and 2022, in terms of volume. This growth is mainly attributed to the increasing usage of fumed silica to coat active ingredient particles.

Fumed silica stabilizes pigment suspensions in liquid tablet coatings, which, in turn, is anticipated to drive the high demand for fumed silica from the pharmaceuticals industry. Moreover, fumed silica is increasingly utilized in the paints & coatings and sealants applications, as fumed silica imparts properties such as thickening, anti-settling, and free-flow improvement to adhesives & sealants.

Based on type, the hydrophilic fumed silica segment is projected to grow at a higher CAGR as compared to hydrophobic fumed silica segment, in terms of value, during the forecast period. This growth is mainly attributed to the increasing usage of hydrophilic fumed silica in various applications such as UPR, silicone rubbers, and paints & coatings and inks.

The Asia-Pacific region led the fumed silica market in 2016; the market in this region is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. This growth is primarily driven by the high demand for fumed silica from the construction industry. Furthermore, various initiatives undertaken by governments of emerging countries in the Asia-Pacific region have contributed to the growth of the fumed silica market.

Biogenic fumed silica is expected to change the dynamics of the fumed silica market, as the former product is commercialized. The biogenic fumed silica can be manufactured by using rice hulls. It costs lower than fumed silica due to its simpler production process.

The fumed silica market is expected to witness high growth between 2017 and 2022, in terms of value and volume.

Key companies operating in this market include Evonik Industries (Germany), Cabot Corporation (U.S), Wacker Chemie AG (Germany), and Tokuyama Corporation (Japan).

Evonik Industries (Germany) adopted new product launches, acquisitions, expansions, and joint ventures as key strategies to enhance its presence in the fumed silica market. For instance, in March 2017, the company developed a new range of fumed silica products to enhance its existing line of product offerings. Furthermore, in January 2016, the company established a new plant for its modified aerosol products. In October 2015, the company partnered with Jiangsu Zhongneng Polysilicon Technology Development Co., which is a wholly owned subsidiary of GCL-Poly Energy Holdings Limited (GCL-Poly), to expand its customer base in the fumed silica market.   

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Cabot Corporation (U.S), a leading producer of fumed silica has adopted various strategies such as expansions and joint ventures. For instance, in May 2017, the company planned to invest USD 80 million for the establishment of a new plant to enhance the production capacity of fumed silica. This plant is expected to commence operations by 2020. Furthermore, in December 2016, Cabot Corporation entered into a joint venture with Inner Mongolia Hengyecheng Silicone Co., Ltd. to manufacture fumed silica in China. This development strategy helped the company strengthen its position in the fumed silica market.

Reference:

https://www.marketsandmarkets.com/Market-Reports/fumed-silica-market-103347608.html?utm_source=blog%2FML

The Powder Coatings Market is projected to reach USD 13.49 Billion by 2022, at a CAGR of 6.75% from 2017 to 2022. In this study, 2016 has been considered as the base year for estimating the market size. The market is mainly driven by factors such as stringent government regulations, growth in various end-use industries, and technological advancements.

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Browse 255 market data tables and 69 figures spread through 233 pages and in-depth TOC on "Powder Coatings Market by Resin Type (Thermoset, Thermoplastic), Coating Method (Electrostatic Spray, Fluidized Bed), End-Use Industry (Appliances, Automotive, General Industrial, Architectural, Furniture), and Region - Global Forecast to 2022".

Expansion is the key strategy adopted by industry players to grow in the powder coatings market. This strategy accounted for a share of 34.7%, between 2013 and 2017, of all the growth strategies adopted by the market players. Companies are expanding their manufacturing facilities in emerging regions across the world due to the rising demand for powder coatings.

Besides expansion, companies are also investing in the strategy of new product launches by expanding their product portfolios to fulfil the growing demand of consumers. This strategy accounted for a share of 30.6% of all the developments witnessed between 2013 and 2017. Companies also focused on acquisitions and partnerships during the last four years. These strategies together accounted for a share of about 35% all the strategic developments.

North America was the most active region from 2013 and 2017, in terms of strategic initiatives. New product launch has been the preferred strategy in this region.

Companies, such as AkzoNobel N.V. (Netherlands), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), Jotun A/S (Norway), and The Valspar Corporation (U.S.) launched several new products in the region to increase their portfolio of powder coating products.

Major manufacturers, such as AkzoNobel N.V. (Netherlands), Asian Paints Limited (India), Axalta Coating Systems (U.S.), Berger Paints India Limited (India), Jotun A/S (Norway), Kansai Paint Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), and Somar Corporation (Japan), are profiled in this report. These companies have adopted both, organic and inorganic growth strategies.

Axalta Coating Systems is the most active player in the powder coatings market. It accounted for the largest share of all the developmental activities undertaken in the powder coatings market.

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The powder coatings market in APAC is expected to grow at the highest CAGR during the forecast period. Strong growth can be witnessed in powder coatings market in the Asia-Pacific region, especially in China, India, and South-East Asian countries. Increase in purchasing power parity and demand from the end-use industries specially appliances and automotive drives the powder coatings market.

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About Us-

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets's™ flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact Us-

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

sales@marketsandmarkets.com

Battery packaging includes the casing of cells, packaging of modules, and transportation packaging. The packaging material varies based on the type of battery. For instance, polypropylene is used in lead-acid battery casings, while aluminum is used as a packaging material for lithium-ion batteries. Batteries are classified as dangerous goods for transportation due to their volatile nature and are thus subject to various packaging and transportation regulations based on the mode of transport.

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Batteries are prone to chemical hazards, electrical hazards, and failure of battery management system. This includes electrolyte leakage, heat production, venting of gases, fire, and explosions. Therefore, battery casing and packaging is critical in the manufacturing of batteries.

The battery market is growing rapidly due to demand from end-use industries such as energy storage and automotive, among others. MarketsandMarkets expects the Battery Packaging Market to grow from USD 20.6 billion in 2018 to USD 36.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period.

Based on type of battery, lithium-ion battery packaging is estimated to be the largest segment of the battery packaging market in 2018. In terms of value, it is estimated to account for largest share during the forecast period.

The world is mobilizing itself towards a society dominated by sustainable energy and sustainable transport. Use of alternative sources of energy and electric vehicles to control the ever-increasing carbon footprint are some of the efforts undertaken to achieve this goal. Harnessing alternative energy requires storage of this energy, such as in the form of a battery. This is leading to the increasing production and transportation of batteries globally.

The cell & pack packaging segment is estimated to account for the largest share, in terms of value, of the battery packaging market during the forecast period. Significant capital investments are being made by leading lithium-ion battery manufacturers globally.

 For instance, most leading Asian battery manufacturers, such as Samsung, LG, SK Innovation, and GS Yuasa, have planned investments in various parts of Europe (Poland, Hungary). In 2018, Tesla identified 2 new strategic locations to establish lithium-ion battery plants, one in Europe, and the other in Shanghai. All these factors are resulting in the increasing demand for batteries, which is expected to drive the market for battery packaging during the forecast period.

In terms of geographic coverage, the battery packaging market has been segmented into 5 regions, namely, North America, Asia Pacific (APAC), Europe, the Middle East and Africa (MEA), and South America., APAC is expected to record the highest growth rate during the forecast period, due to the presence of leading battery manufacturers in this geography.

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This region is home to some of the leading battery manufacturers, including Panasonic, Samsung, GS Yuasa, Exide, and LG, among others. The presence of these large manufacturers has resulted in increased production and transportation of batteries from this region. This is driving the battery packaging market in this region.

Reference:

https://www.marketsandmarkets.com/Market-Reports/battery-packaging-market-140916712.html

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The Road Marking Materials Market size is expected to grow from USD 6.8 billion in 2018 to USD 8.8 billion by 2023, at a CAGR of 5.2%. The global road marking materials market is expected to be driven by various factors such as increased spending for safer roads and new infrastructure and roadway projects in emerging economies. With the increased use of road markings in lane departure warning systems (LDWS) in vehicles, the road marking materials market is expected to grow rapidly in the near future.

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The global road marking materials market is expected to be driven by various factors such as increased spending for safer roads and new infrastructure and roadway projects in emerging economies. With the increased use of road markings in lane departure warning systems (LDWS) in vehicles, the road marking materials market is expected to grow rapidly in the near future.

Various countries have introduced road safety laws and standards to ensure safety and security for the people, as well as road infrastructure.  Major road marking material players have turned to consolidation as their key strategy to further consolidate their positions in this market, thus, leading to various acquisitions in the.

The key players operating in the road marking materials market are the Sherwin-Williams Company (US), Ennis-Flint, Inc. (US), SWARCO AG (Austria), Geveko Markings (Denmark), SealMaster (US), 3M (US), Aximum (France), Rembrandtin Lack GmbH Nfg. KG (Austria), Crown Technology, LLC (US), and Ozark Materials LLC (US).

The Sherwin-Williams Company is the largest player in the market. In July 2017, the company acquired The Valspar Corporation, a key manufacturer of paints & coatings, globally. It offers the complete traffic marking solutions with high quality and durable products and has a strong customer base, globally. The company has a strong presence worldwide, especially, in North America and Europe. In July 2017, The Sherwin-Williams Company (US) completed the acquisition of The Valspar Corporation (US). This acquisition has made the company one of the largest paints & coatings manufacturers.

Ennis-Flint, Inc. (US) is the second-largest player in the market. The company produces a broad range of traffic paints in water-based and solvent-based formulations. It has over 20 manufacturing and distribution locations, supplying to more than 90 countries, globally. It recently acquired the materials manufacturing business of VERNISOL SPA (Italy), a key player of traffic paints and MMA/cold plastics.

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VERNISOL provides high-quality and reliable products for road safety application and has proven technical knowledge and expertise in traffic paints and MMA/cold plastics. This acquisition is expected to benefit the existing product portfolio of Ennis-Flint. In September 2016, Ennis-Flint (US) company constructed two manufacturing facilities in the US. These production facilities will produce glass beads and hot-applied thermoplastic for road marking application.

Geveko Markings (Denmark) maintains its key position, especially in Europe, by introducing high-performance road marking materials.  In April 2018, the company acquired Adbruf Ltd. (UK). This acquisition is expected to benefit the company’s revenue and road marking materials, decorative materials, and resin pavement surfacing offerings.

Reference:

https://www.marketsandmarkets.com/Market-Reports/road-marking-material-market-13285598.html

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