Chemical industry is one of the oldest industries within manufacturing. It not only plays a crucial role in meeting the day to day needs of the common man, but also contributes significantly towards industrial and economic growth of a nation. The glo ....see more
The global succinic acid market is estimated to be USD 132 million in 2018 and is projected to reach USD 183 million by 2023, at a CAGR of 6.8%. The growth in the food & beverage, industrial, and pharmaceutical industries is expected to drive the market.
The market size of plastic pigments is estimated at USD 10.3 billion in 2018 and is projected to reach USD 14.8 billion by 2023, at a CAGR of 7.5%, from 2018 to 2023. The high demand for packaging in emerging countries is leading to the increasing consumption of plastic pigments. The increasing demand for plastics in the automotive industry, increasing significance of aesthetics in packaging, industrialization in emerging economies, and high demand for high-performance pigments are driving the plastic pigments market.
The global water filters market is estimated to be USD 10.8 billion in 2018 and is projected to reach USD 14.7 billion by 2023, at a CAGR of 6.3%. The growth in the oil & gas, chemicals & petrochemicals, food & beverages, and pharmaceuticals end use industries is expected to drive the water filters market.Companies such as Eaton Corporation (US), Suez Water Technologies & Solutions (France), Veolia (France), Dow Water & Process Solutions (US), EvoQua Water Technologies (US), Mann-Hummel (Germany), Pall Corporation (US), Pentair PLC (UK), and Lydall Industrial Filtration (US)
The synthetic zeolites market is projected to grow from USD 5.2 billion in 2018 to USD 5.9 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 2.6% during the forecast period. The growth of the synthetic zeolites market can be attributed to the increased consumption of detergents due to the growing population and demand for zeolites for use in specialty applications.Major companies in the synthetic zeolites market include Albemarle Corporation (US), BASF SE (Germany), Honeywell International, Inc (US), Clariant AG (Switzerland), W.R. Grace & Co. (US), TOSOH Corporation (Japan), Union Showa KK, (Japan), Zeochem AG (Switzerland), KNT Group (Russia), Arkema SA (France), Zeolyst International (US), Huiying Chemical Industry (China), Chemiewerk Bad Kostritz GMBH (Germany), National Aluminium Company Limited (India) and PQ Corporation (US)
The electronic films market is projected to grow from USD 7.6 billion in 2018 to USD 10.2 billion by 2023, at a CAGR of 6.0% during the forecast period. The market is growing due to the high demand for electronic displays from smartphones, tablets, and other similar consumer electronic devices. Electronic films are used in this application as they exhibit properties such as chemical resistance, high-temperature tolerance, low coefficient of friction, optical transparency, conductivity, UV & weather resistance, moisture resistance, high insulation, low surface energy, and low dielectric constant. The electronic films market comprises major solution providers, such as DowDuPont (US), Toray Industries Inc. (Japan), Gunze (Japan), Nitto Denko Corporation (Japan), Saint-Gobain S.A. (France), The Chemours Company (US), Toyobo Co, Ltd. (Japan), Teijin Ltd. (Japan), TDK Corporation (Japan), and 3M (US).
The market for subsea thermal insulation materials is projected to grow from close to USD 77 million in 2018 to more than 93 million by 2023, at a CAGR of 4.0% during the forecast period. Subsea thermal insulation materials are widely used to insulate equipment, components, and pipelines used in subsea oil & gas operations. The major driving factors for the market are the recovery of the oil & gas industry and the increasing number of subsea projects.
The global sizing agents market is estimated to be USD 3.1 billion in 2018 and is projected to reach USD 4.0 billion by 2023, at a CAGR of 5.4% during the same period. The growth in the production of textile & clothing industry and paper & paperboard products due to the demand for paper-based packaging is expected to drive the sizing agents market. BASF (Germany), Aries Chemical (US), Pulcra Chemicals (Germany), Kemira OYJ (Finland), Solenis (US), Omnova Solutions (US), Buckman Laboratories (US), Seiko PMC Corporation (Japan), Evonik (Germany), and Bodo Moller Chemie (Germany) are the key players operating in the sizing agents market.
The polymer binders market size is estimated at USD 24.1 billion in 2018 and is projected to reach USD 35.0 billion by 2023, at a CAGR of 7.8%. Growth in the global construction industry is the major driver for the polymer binders market. In addition, growing per capita paint consumption is also driving the demand for polymer binders significantly. BASF (Germany), DowDuPont (US), Celanese Corporation (US), Arkema (France), Wacker (Germany), Trinseo (US), Taogosei (Japan), Synthomer (UK), Dairen Chemical (Taiwan), and OMNOVA (US) are the leading players operating in the polymer binders market.
The cryogenic insulation market size is estimated to be USD 2.3 billion in 2018 and is projected reach USD 3.3 billion by 2023, at a CAGR of 7.20% between 2018 and 2023. The cryogenic insulation market is mainly driven by the rising demand for LNG as fuel in developed and developing economies. Rising environmental awareness is also contributing to the growth of the market. Growing demand for cryogenic technologies in space applications has created various opportunities for cryogenic insulation manufacturers. APAC is the key market for cryogenic insulations, globally, followed by Europe and North America. One of the primary drivers of the market is the increasing demand for transportation, storage, and liquefaction of natural gas to LNG in these regions. The key market players profiled in the report include Armacell International Holding GmbH (Germany), Lydall Inc. (US), BASF SE (Germany), Cabot Corporation (US), Rochling Group (Germany), and Johns Manville Inc. (US).
The water-based adhesive market is expected to grow from USD 15.3 billion in 2018 to USD 20.2 billion by 2023, at a CAGR of 5.7% during the forecast period. The growth of several applications such as tapes & labels, paper & packaging, and woodworking is driving the demand for water-based adhesives.Major players operating in the water-based adhesive market include Henkel (Germany), H.B. Fuller (US), Arkema (Bostik) (France), and Sika (Switzerland).
The paper chemicals market is estimated to be USD 36.4 billion in 2018 and is projected to reach USD 40.2 billion by 2023, at a CAGR of 2.0% between 2018 and 2023. The growth in the production of packaging paper backed by the demand for paper-based packaging is expected to drive the paper chemicals market. Kemira Oyj (Finland), BASF (Germany), Solenis (US), Akzonobel N.V. (Netherlands), Ecolab (US), Ashland Inc. (US), Harima Chemicals Group (Japan), Buckman Laboratories International Inc. (US), Archroma (Switzerland), and Chemisphere Paper Technologies (South Africa) are the key players operating in the paper chemicals market.
The market for cable testing and certification is projected to grow from USD 11.3 billion in 2018 to USD 14.7 billion by 2023, at a compound annual growth rate (CAGR) of 5.4% during the forecast period. Cable testing and certification are widely used to verify the cable’s safety and efficiency. The growth of the cable testing and certification market is, therefore, directly associated with the growing demand for cables in the electrical & electronics, transportation, and energy generation & distribution applications.DEKRA (Germany), Underwriters Laboratories (US), British Approvals Service for Cables (UK), SGS (Switzerland), BRE Global (UK), TÜV Rheinland (Germany), Bureau Veritas (France), Intertek (UK), TÜV NORD GROUP (Germany), North Central Electric (US), RN Electronics (UK), TÜV SÜD (Germany), Eland Cables (UK), and Industrial Tests (US).
The fly ash market is estimated to grow from USD 3.4 billion in 2018 to USD 4.5 billion by 2023, at a CAGR of 6.0%. The fly ash market has been growing owing to the growth in the construction industry, increasing focus on infrastructure and road paving, problems related to dumping fly ash, promotion of fly ash by governments of various countries, and increasing focus on the use of environment-friendly products.Key players in the market include Boral Limited (Australia), CEMEX S.A.B. de C.V. (Mexico), Lafarge North America Inc. (US), Charah Inc. (US), Separation Technologies LLC (US), Aggregate Industries (UK), FlyAshDirect (US), Salt River Materials Group (US), and Ashtech (India) Pvt. Ltd. (India).
The hybrid composites market is projected to grow from USD 436 million in 2018 to USD 876 million by 2023, at a CAGR of 15.0% during the forecast period. The market is growing because of the high demand from the automotive & transportation, wind energy, and sporting goods end-use industries. Hybrid composite products are preferred as they can reduce the weight of the product and are stronger than metallic parts. The market witnessed strong growth in the past few years owing to the growing use in the US, Germany, China, Brazil, and Japan. Royal DSM N.V. (Netherlands), SGL Group (Germany), Gurit (Switzerland), Hexcel Corporation (US), Teijin Limited (Japan), General Electric (US), Exel Composites (Finland), Innegra Technologies, LLC (US), Solvay (Belgium), and PlastiComp, Inc. (US) are some of the key players in the hybrid composites market.
The battery packaging market is projected 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. The growth of the battery packaging market can be attributed to the increased consumption of batteries in the automotive, energy storage, and consumer electronics industries. Nefab Group (Sweden), United Parcel Service Inc. (US), DHL (Germany), Zarges Group (Germany), Heitkamp & Thumann Group (Germany), FedEx (US), Rogers Corporation (US), DS Smith (UK), Smurfit Kappa (Ireland), and Umicore (Belgium) are some of the leading players operating in the battery packaging market.
The market for EPS is estimated to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The growing construction and packaging industries in developing countries is a major factor driving the EPS market. EPS is an innovative material that offers design and structural integrity to many construction projects. Major vendors in the EPS market include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).
The market size of MMA adhesives is estimated at USD 1.09 billion in 2018 and is projected to reach USD 1.56 billion by 2023, at a CAGR of 7.5%. The high demand from the automotive & transportation industry in emerging countries is leading to the increasing consumption of MMA adhesives.The key players profiled in this report include Illinois Tool Works Inc. (US), Arkema (France), SCIGRIP (UK), Scott Bader (UK), Lord Corporation (US), Henkel (Germany), Permabond LLC (US), Parsons Adhesive Inc. (US), Huntsman Corporation (US), and 3M (US).
MarketsandMarkets projects that the washable markers market size will grow from USD 425.5 million in 2018 to USD 507.0 million by 2023, at a CAGR of 3.57%. The washable markers market is expected to witness high growth as a result of the increasing number of school-going children coupled with the rising disposable income of households, owing to which parents are spending more on children’s education and on creative expression products.The global market for washable markers is dominated by players such as Crayola LLC (US), Faber-Castell (Germany), F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A (Italy), BIC Group (France), Newell Brands (US), Carioca S.p.a (US), Liqui-Mark (US), Stabilo International GMBH (Germany), Dri Mark Products Inc. (US), and Luxor Group (India).
The market size of gas treatment was USD 3.76 billion in 2018 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% from 2018 to 2023. The gas treatment are used in the removal of hydrogen sulfide and carbon dioxide gases from the natural gas stream and from crude oil during refining stages. The increasing demand for natural gas in various regions will boost the demand for gas treatment application.Some of the key players in the gas treatment market are DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc., and Berryman Chemicals Inc. (US). Investments & expansions was the major growth strategy adopted by the market players, between 2015 and 2018, to enhance their regional foothold and meet the growing demand for gas treatment in the emerging economies.
The friction materials market size is projected to grow from USD 44.65 million in 2018 to USD 57.04 million by 2023, at a CAGR of 5.0%. The market is driven by the rising demand for passenger and commercial vehicles, which leads to the growth of friction materials consumption in auto components.Akebono Brake Industry (Japan), Federal-Mogul Holdings (US), Miba (Austria), Fras-Le (Brazil), Nisshinbo Holdings (Japan), Aisin Seiki (Japan), Valeo Friction Materials India (India), Yantai Hi-Pad Brake Technology (China), and Carlisle Brake & Friction (US), among others.
The rubber process oil market is projected to grow from USD 1.91 billion in 2018 to USD 2.33 billion by 2023, at a CAGR of 4.1 %, from 2018 to 2023. The growth of the rubber process oil market can be attributed to the increased consumption of rubber process oils in the manufacturing of tires. Some of the leading players operating in the rubber process oil market include Royal Dutch Shell plc (Netherlands), Chevron Corporation (US), Petronas Lubricants Belgium NV (Belgium), Nynas AB (Sweden), ORGKHIM Biochemical Holding (Russia), Repsol S.A. (Spain), and Hindustan Petroleum Corporation Limited (India).
The construction fabrics market size is projected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9.0%. Construction fabrics are polymer coated technical textiles which find extensive applications in tensile architecture in the construction industry. Construction fabrics are also called architectural membranes. They are durable, energy-efficient, and aesthetically superior products which offer flexibility to design engineers and architects to enhance architectural creativity.Sioen Industries NV (Belgium), Low & Bonar (UK), Satler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), and Saint-Gobain (France), among others, are the key players operating in the construction fabrics market.
The aromatic solvents market is projected to grow from USD 7.27 billion in 2018 to USD 8.29 billion by 2023, at a CAGR of 2.66% during the forecast period. Aromatic solvent is a type of hydrocarbon that has alternating double and single bonds between carbon atoms, which form rings. Aromatic solvents are powerful solvents for organic liquids. Hence, they are widely used in a variety of industries such as paints, petrochemicals, nail polish removers, cleaners, adhesives, dyes, and varnishes.Companies such as Royal Dutch Shell Plc. (Netherlands), SK Global Chemical Co., Ltd. (South Korea), and ExxonMobil Corporation (US) have adopted these strategies to strengthen their market
The PU films market is projected to grow from USD 449.0 million in 2018 to USD 688.6 million by 2023, at a CAGR of 8.9% during the forecast period. The growth of the PU films market can be attributed to the rising demand for luxury cars and premium passenger cars. PU films are mainly consumed for the paint protection application in the automotive industry. Covestro (Germany), 3M Company (US), SWM International (US), DingZing Advanced Materials (Taiwan), Avery Dennison (US), Coveris (US), MH&W International (US), PAR Group (UK), and RTP Company (US) are the leading players operating in the PU films market.
The packaging coating additives market is projected to grow from USD 688.4 million in 2018 to USD 874.5 million by 2023, at a CAGR of 4.9% from 2018 to 2023. Increasing demand for packaged foods is driving the growth of the packaging coating additives market. Major players operating in the packaging coating additives market include Croda International Plc (UK), BASF SE (Germany), Clariant AG (Switzerland), Lonza Group (Switzerland), 3M Company (US), Arkema Group (France), Evonik Industries AG (Germany), and Solvay S.A. (Belgium), among others.
The flotation reagents market is projected to grow from USD 3.93 billion in 2017 to USD 5.55 billion by 2023, at a CAGR of 6.0% between 2018 and 2023. The flotation reagents market across the globe is driven by their increasing use in water & wastewater treatment, explosives & drilling, and mineral processing applications. The base year considered for the study is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the flotation reagents market are BASF SE (Germany), Cytec Solvay Group (Belgium), Clariant AG (Switzerland), Kemira OYJ (Finland), Huntsman (US), Dow Chemical (US), AkzoNobel (Netherland), SNF FLOERGER SAS (France), Evonik (Switzerland), and Orica (Australia).
The foam tape market is estimated at USD 7.44 billion in 2018 and is projected to reach USD 10.35 billion by 2023, at a CAGR of 6.83% from 2018 to 2023. The increasing use of foam tape in various industries such as electrical & electronics, building & construction, automotive, and paper & printing is driving the foam tape market. 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), HALCO (US), 3F (Germany), and Scapa Group Plc (UK) are some of the key players operating in the foam tape market.
The paper pigments market is estimated to be USD 13.52 billion in 2018 and is projected to reach USD 17.72 billion by 2023, at a CAGR of 5.6% from 2018 to 2023. The high demand for paper in emerging countries is leading to the increasing consumption of paper. Despite the increasing use of electronic devices and e-publishing, both, the demand for coated as well as uncoated paper is projected to drive the paper pigments market.Companies such as Omya (Switzerland), Imerys (France), Minerals Technologies (US), BASF (Germany), Ashapura Group (India), Huber (US), Kemira Oyj (Finland), Chemours (US), Thiele Kaolin Company (US), and KaMin/CADAM (US), have adopted various developmental strategies, such as mergers & acquisitions, agreements, partnerships & joint ventures, and investments & expansions to enhance their footholds in the market.
The global fiberglass roving market is projected to grow from USD 8.24 billion in 2018 to USD 11.02 billion by 2023, at a CAGR of 6.0% during the forecast period. The fiberglass roving market is growing due to the high demand from the wind energy, electrical & electronics, pipes & tanks, construction & infrastructure, and transportation industries. Fiberglass roving products are preferred as they can reduce the weight of the product and are stronger than metallic parts. The fiberglass roving market witnessed strong growth in the past few years due to the growing use in the US, Germany, China, Brazil, and Japan.Companies such as Owens Corning (US), Jushi Group (China), Chongqing Polycomp International Corp. (China), and Taishan Fiberglass (China) are some of the leading players in the global fiberglass roving market
The biocompatible 3D printing materials market size is estimated to be USD 308.1 million in 2018 and is projected to reach USD 832.7 million by 2023, at a CAGR of 22.0% between 2018 and 2023. This growth is attributed to the increasing use of biocompatible 3D printing materials in medical applications such as implants & prosthesis, tissue engineering, and hearing aid among others.3D Systems, Inc. (US), Evonik Industries AG (Germany), Stratasys Ltd. (US), Concept Laser, GmBH (Germany), EOS GmBH Electro Optical Systems (Germany), Renishaw PLC. (UK), Formlabs Inc. (US), EnvisionTEC, Inc. (Germany), 3D Composites (US), and Aspect Biosystems Ltd. (Canada) are the key players operating in the biocompatible 3D printing materials market.
The global marine composites market size is projected to grow from USD 4,516.5 million in 2021 to USD 6,266.8 million by 2027, at a CAGR of 5.6% during the forecast period. Growth of the market can be attributed to the high demand for marine composites from the power boats segment due to the growing recreational boating market in Europe and North America. The market has witnessed significant growth over the last few years due to the increasing demand for lightweight and corrosion-resistant boats.Owens Corning (US), Toray Industries, Inc. (Japan), SGL Group (Germany), Cytec Solvay Group (US), Teijin Limited (Japan), Mitsubishi Rayon Co. Ltd. (Japan), Hexcel Corporation (US), E. I. Du Pont de Nemours and Company (US), and Hyosung (South Korea) are some of the leading players in the marine composites market
The aroma ingredients market is expected to grow from USD 2.27 billion in 2018 to USD 2.83 billion by 2023, at a CAGR of 4.5% between 2018 and 2023. Rising demand for personal care products and changes in lifestyles and consumer preferences is expected to drive the growth of the aroma ingredients market during the forecast period. Some of the key players in the aroma ingredients market include Symrise (Germany), Takasago International Corporation (Japan), Sensient Technologies Corporation (US), MANE (France), Robertet SA (France), T. Hasegawa Co., Ltd. (Japan), Frutarom (Israel), Givaudan (Switzerland), Firmenich SA (Switzerland), and International Flavors & Fragrances Inc. (US).
The global energy efficient glass market is estimated to be USD 25.11 billion in 2018 and is projected to reach USD 32.02 billion by 2023, at a CAGR of 5.0% between 2018 and 2023. The increased demand for energy efficient glass in the building & construction, automotive, and solar panel industries is expected to drive the energy efficient glass market.Companies such as Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), AGC Inc. (Japan), SCHOTT AG (Germany), Guardian Glass, LLC. (US), Sisecam Group (Turkey), and Vitro Architectural Glass (US) are the leading players in the energy efficient glass market
The global anti-slip additives market is estimated to be USD 355.1 million in 2018 and is projected to reach USD 444.7 million by 2023, at a CAGR of 4.6% from 2018 to 2023. Increasing population and rapid urbanization are expected to drive the growth of the global anti-slip additives market. BYK Chemie GmbH (Germany), PPG Industries, INC. (US), Hempel A/S (Denmark), Rust-Oleum Corporation (US), and Vexcon Chemicals (Japan) are some of the leading players in the global anti-slip additives market.
The increasing demand for XPP foam from the automotive end-use industry is expected to drive the growth of the XPP foam market. In terms of value, the global XPP foam market is estimated to be USD 751.0 million in 2018 and is projected to reach USD 1048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. Key global players of the XPP foam market are Borealis (Austria), BASF (Germany), Braskem (Brazil), DS Smith (UK), JSP Corporation (Japan), Furukawa Electric (Japan), Mitsui Chemicals (Japan), Sekisui Voltek (US), Sonoco (US), Sohner Plastics (Germany), NMC SA (Belgium), Pregis (US), Toray Industries (Japan), Sumitomo Chemical (Japan), and Zotefoams (UK).
The automotive catalyst market is estimated to be USD 12.35 billion in 2018 and is projected to reach USD 15.73 billion by 2023, at a CAGR of 5.0% from 2018 to 2023. Growth of this market can be attributed to the rising use of automotive catalysts in emerging economies. In addition, increasing disposable income in emerging economies is also anticipated to fuel the growth of the automotive catalyst market. BASF (Germany), Johnson Matthey (UK), Umicore (Belgium), Cataler (Japan), Cummins (US), Heraeus (Germany), INTERKAT (Germany), Tenneco (US), are the key players operating in the automotive catalyst market.
The coupling agent market is projected to reach USD 614.1 million by 2023, at a CAGR of 3.5% from 2018 to 2023. Coupling agents are bifunctional compounds, which are manufactured by using silica and mono-silanes. The superior binding properties along with high adhesion and ease of processing make coupling agents a choice of material for various applications in rubber tire manufacturing and other automotive components. Coupling agents are mainly used in rubber & plastics and fiber treatment applications. The growth of these applications is driving the coupling agent market, globally. The key companies profiled in the global coupling agent market research report include Wacker Chemie (Germany), Momentive Performance Materials (US), Dow-DuPont (US), Evonik (Germany), and Shin-Etsu Chemicals (Japan), and others.
The amphoteric surfactants market is expected to grow from USD 3.52 billion in 2018 to USD 4.94 billion by 2023, at a CAGR of 7.0% between 2018 and 2023. Rising demand for personal care products and high-performance amphoteric surfactants across the globe is expected to drive the growth of the amphoteric surfactants market during the forecast period.Some of the key players in the amphoteric surfactants market include AkzoNobel N.V. (Netherlands), BASF SE (Germany), Clariant AG (Switzerland), Croda (UK), Evonik Industries AG (Germany), Lonza (Switzerland), the Lubrizol Corporation (US), Oxiteno SA (Brazil), Solvay (Belgium), and Stepan Company (US).
The global talc market is projected to grow from an estimated USD 2.68 billion in 2018 to USD 3.35 billion by 2023, at a CAGR of 4.6% from 2018 to 2023. Talc is also used as a coating agent in rotogravure and offset papers, wherein it improves the runnability of offset papers and the quality of finished papers. It is also used to improve the quality and productivity of certain specialty papers, such as colored papers and labels. Among regions, Asia Pacific is projected to lead the talc market in terms of value. The growth of the Asia Pacific talc market can be attributed to rapid industrialization, growth of the automotive sector, and increasing demand for talc from the cosmetics & personal, ceramics, paints & coatings, and pharmaceuticals end-use industries in the region. Key players in the talc market include Imerys (France), Mondo Minerals (Netherlands), Minerals Technologies (US), IMI Fabi (Italy), Golcha Minerals (India), and Nippon Talc (Japan), among others.
The spiral membrane market is projected to grow from USD 5.10 billion in 2018 to USD 8.20 billion by 2023, at a CAGR of 10.0% from 2018 to 2023. Spiral membranes are used in a wide range of end-use industries, such as water & wastewater treatment, food & beverages, pharmaceutical & biotechnology, oil & gas, and chemical & petrochemical. They act as a selective barrier, allowing the passage of certain constituents while retaining others. These membranes are mainly termed as filtration elements and are widely used in commercial and industrial applications. With recent developments in spiral membrane materials and increasing demand for the reduction of energy consumption in the chemical processing industry, newer membranes and processes are being developed for new applications.. DowDuPont Inc. (US), Toray Industries, Inc. (US), Hydranautics (US), LG Water Solutions (South Korea), SUEZ Water Technologies and Solutions (France), Merck Group (Germany), Pentair plc (US), Koch Membrane Systems (US), Pall Corporation (US), and Lanxess (Germany) are the key players operating in the spiral membrane market.
The increasing demand for epoxy primer in various applications and the growing awareness to reduce the loss caused by corrosion are expected to drive the growth of epoxy market. In terms of value, the global epoxy primer market is estimated to be USD 8.52 billion in 2018 and is projected to reach USD 10.91 billion by 2023, at a CAGR of 5.1% between 2018 and 2023.Key global players of the epoxy primer market are The Sherwin-Williams Company (US), PPG Industries Inc. (US), AkzoNobel N.V. (Netherlands), BASF SE (Germany), Axalta Coating Systems LLC (US), Kansai Paint Co. Ltd. (Japan), Nippon Paint Co. Ltd. (Japan), Tikkurila Oyj (Finland), and RPM International Inc. (US).
The Intumescent Coatings Market is expected to grow from USD 900.1 million in 2018 to USD 1,110.0 million by 2023, at a CAGR of 4.3% during the forecast period. Key companies profiled in this research report on the intumescent coatings market include AkzoNobel (Netherlands), PPG (US), Jotun (Japan), The Sherwin-Williams Company (US), and Hempel (Denmark).
The cellulose esters market is projected to grow from USD 8.76 billion in 2017 to USD 12.43 billion by 2023, at a CAGR of 6.0% from 2018 to 2023. The growth of the cellulose esters market across the globe is driven by the increasing use of cellulose esters in coatings, films & tapes, and cigarette filters applications. The base year considered for the study on the cellulose esters market is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the cellulose esters market are Eastman Chemical Company (US), Solvay (Belgium), China National Tobacco Corporation (China), Daicel Corporation (Japan), Celanese Corporation (US), Acordis Cellulostic Fibers (US), Sappi (South Africa), Mitsubishi Chemical Holdings Corporation (Japan), Rayonier Advanced Materials (US), and Sichuan Push Acetati (China).
The ultrafiltration market is valued at USD 1,064.0 million in 2018 and is projected to reach USD 2,140.1 million by 2023, at a CAGR of 15.0% from 2018 to 2023. Ultrafiltration are used in a wide range of end-use industries such as chemical & petrochemical, food & beverages, pharmaceutical, water & wastewater treatment, and metal & mining, among others. Ultrafiltration are the materials that act as selective barrier, allow passage of certain constituents while retaining others. These are mainly termed as filtration elements, which are widely used in the commercial and industrial purposes. With the recent developments in UF membrane materials and increasing demand for reduction of energy consumption in the chemical processing industry, newer membranes and processes are being developed for new applications. Some of the key players in the ultrafiltration market are DowDuPont Inc. (US), Hyflux Ltd. (Singapore), Inge GmbH (Germany), Toray Industries, Inc. (US), GE Water & Process Technologies (US), Hydranautics (US), and Pentair plc (US), among others. Partnerships, agreements & collaborations was the major growth strategy adopted by the market players between 2015 and 2018 to enhance their regional footprint and meet the growing demand for ultrafiltration in the emerging economies.
The polyamide-imide resin market is estimated to be USD 501.7 million in 2017 and is projected to reach USD 687.1 million by 2022, at a CAGR of 6.5% between 2017 and 2022. The high demand for polyamide-imide resins from various end-use industries and superior properties of polyamide-imide resins are key factors driving the growth of the polyamide-imide resin market. The expansion of end-use industries, such as automotive, aerospace, electrical & electronics, and oil & gas, is another significant factor projected to influence the growth of the polyamide-imide resin market. Key players operating in the polyamide-imide resin market include Solvay (Belgium), Quadrant (US), Toyobo (Japan), Ensinger (Germany), Innotek Technology (China), and Kermel (France).
The global catalyst carriers market is estimated to be 121.2 kilotons in 2018 and is projected to reach 151.8 kilotons by 2023, at a CAGR of 4.6%. The market is witnessing growth due to the increasing consumption in petroleum derivatives and growing energy demand in fast-growing emerging economies. Stringent regulations associated with petroleum treatment and demand for efficient catalysis across industrial verticals are also increasing the consumption of catalyst carriers. Catalyst carrier manufacturers such as CeramTec GmbH (Germany), Saint-Gobain (France), W. R. Grace & Co. (US), CoorsTek Inc. (US), Cabot Corporation (US), Almatis GmbH (Germany), Sasol Ltd. (South Africa), Evonik Industries AG (Germany), NORITAKE CO., LIMITED (Japan), and Magma Ceramics & Catalysts (UK) have been covered in the report.
The tubular membranes market in Zero Liquid Discharge (ZLD) systems is estimated to be USD 718.7 million in 2018 and is projected to reach USD 1,056.2 million by 2023, at a CAGR of 8.0% between 2018 and 2023. Some of the major drivers for the market include growing emphasis on reducing the capital and operating costs of ZLD systems with the use of membranes, and increasing regulations on wastewater discharge from various industries across the world.include Porex Corporation (US), Berghof Membranes (Netherlands), Microdyn-Nadir (Germany), Pentair plc (US), PCI Membranes (UK), Dynatec Systems, Inc. (US), Hyflux Ltd.(Singapore), Spintek Filtration Inc. (US),
The circuit materials market size is estimated to be USD 30.58 billion in 2018 and is projected to reach USD 36.85 billion by 2023, at a CAGR of 3.8% between 2018 and 2023. The growth of the circuit materials market can be attributed to their property of high conductivity which is increasing their demand in the electronics sector. Key players operating in the circuit materials market include Shengyi Technology (China), Kingboard Laminates (Hong Kong), ITEQ Corporation (Taiwan), DowDuPont (US), Jinan Guoji Technology (China), Eternal Materials (Taiwan), Rogers Corporation (US), Taiflex Scientific (Taiwan), Isola Group (US), and Nikkan Industries (Japan).
The non woven tape market is estimated at USD 3.17 billion in 2018 and is projected to reach USD 4.55 billion by 2023, at a CAGR of 7.46% from 2018 to 2023. The increasing use of non woven tapes in various applications, such as medical & hygiene, electrical & electronics, and automotive & transportation is driving the growth of the non woven tape market. 3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), LINTEC Corporation (Japan), Tesa SE (Germany), Scapa Group Plc (UK), PAUL HARTMANN AG (Germany), Nichiban Co., Ltd. (Japan), Teraoka Seisakusho Co., Ltd. (Japan), Intertape Polymer Group, Inc. (Canada), and Berry Global Group, Inc. (US). are some of the key players operating in the non woven tape market.
The market size of ceramic balls is estimated at USD 433.0 million in 2018 and is projected to reach USD 636.3 million by 2023, at a CAGR of 8.0% between 2018 and 2023. The growth of the market can be attributed to the increasing use of ceramic balls in the automotive and chemical end-use industries owing to their superior properties such as resistance to corrosion & heat, durability, and high temperature resistance.Saint-Gobain (France), Honeywell International (US), Axens (France), Toshiba Materials Co., Ltd. (Japan), Coorstek Inc. (US), Fineway Inc. (Canada), Industrial Tectonics Inc. (US), Metalball (France), Global Precision Ball & Roller (US), Devson Catalyst Private Limited (India), and Topack Ceramics Pvt. Ltd. (India) are the key players operating in the ceramic balls market.