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 flexible pipe market is projected to reach USD 1,111.3 Million by 2022, at a CAGR of 4.0% between 2017 and 2022. Key players operating in the flexible pipe market are National Oilwell Varco, Inc. (U.S.), Technip Inc. (France), Prysmian Group (Italy), GE Oil & Gas Corporation (U.K.), Shawcor Ltd. (Canada), Pipelife Nederland B.V. (Netherlands), Airborne Oil & Gas B.V. (Netherlands), Magma Global Ltd. (U.K.), ContiTech AG (Germany), and FlexSteel Pipeline Technologies, Inc. (U.S.).
The OEM coatings market is projected to reach USD 69.28 Billion by 2022, at a CAGR of 4.7% from 2017 to 2022. There are a few global players operating in the OEM coatings market. These companies are actively investing in various strategies, such as expansions, new product launches, mergers & acquisitions, and joint ventures to increase their market shares and strengthen their position in the OEM coatings market. PPG Industries, Inc. (U.S.), Akzo Nobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), Axalta Coating Systems Ltd. (U.S.), Jotun (Norway), BASF SE (Germany), Nippon Paints Holdings Co., Ltd. (Japan), 3M Company (U.S.), and Kansai Paints Co., Ltd. (Japan), among others are the leading players operating in the OEM coatings market
In terms of value, the composite coatings market was USD 840.0 Million in 2016, and is projected to reach USD 1,306.8 Million by 2022 at a CAGR of 7.7% from 2017 to 2022. Composite coatings are increasingly crucial in the aerospace & defense, transportation, industrial, and oil & gas industries due to their superior properties which provide anti-corrosion, self-lubrication, UV protection, chemical resistance, thermal protection, and so on. Some of the key leading global players in the composite coatings market are, PPG Industries, Inc. (U.S.), Axalta (U.S.), Mader Group (France), A.W. Chesterton Company (U.S.), K C Jones Plating Company (U.S.), Om Sangyo Co. Ltd. (Japan), Endura Coatings (U.S.), Twin City Plating (U.S.), Aztron Technologies, LLC (U.S.), Nickel Composite Coating Inc. (U.S.), and Surteckariya Co. Ltd. (Japan), among others.
The global microspheres market size was USD 3.98 Billion in 2016 and is projected to reach USD 6.68 Billion by 2022, at a CAGR of 9.02% between 2017 and 2022. The superior structural properties of microspheres, development & modernization, and increasing demand from current and emerging applications are expected to drive the demand for microspheres globally. Currently, various market players such as 3M (U.S.), Potters Industries LLC (U.S.), AkzoNobel N.V. (Netherlands), Matsumoto Yushi-Seiyaku Company (Japan), Trelleborg AB (Sweden), Luminex Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Chase Corporation (U.S.), Sigmund Lindner GmbH (Germany), and Mo-Sci Corporation (U.S.) dominate the global microspheres market.
The global composite adhesives market was valued at USD 1.13 Billion in 2016 and is projected to reach USD 1.78 Billion by 2022, at a CAGR of 7.9% from 2017 to 2022. Henkel AG & Co. KGaA (Germany), SIKA AG (Switzerland), 3M Company (U.S.), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.), LORD Corporation (U.S.), and Illinois Tool Works Incorporation-Plexus (U.S.) are some of the key players in the composite adhesives market.
MarketsandMarkets projects that the market for chromatography resin in drug discovery will grow from USD 290.7 Million in 2017 to USD 401.1 Million by 2022, at a CAGR of 6.65% from 2017 to 2022. The growth of this market is expected to be driven by the rising demand from pharmaceuticals and biotechnology verticals. Companies such as General Electric Company (U.S.), Merck KGaA (Germany), Pall Corporation (U.S.), Bio-Rad Laboratories Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Tosoh Corporation (Japan) were the key players who adopted these strategies to increase their customer base and widen their product portfolio.
The market for mining chemicals is estimated to grow from USD 6.03 Billion in 2017 to reach USD 7.54 Billion by 2022, at a CAGR of 4.60%. The base year considered for the study is 2016 and the market size is projected from 2017 to 2022. The major players in the Mining chemicals market include AkzoNobel N.V. (Netherlands), BASF SE (Germany), Clariant AG (Switzerland), Cytec Industries Inc. (U.S.), Kemira OYJ (Finland), The Dow Chemical Company (U.S.), Huntsman International LLC (U.S.), Orica Limited. (Australia), ArrMaz Products, L.P. (U.S.), and SNF Floreger (France).
The colorants market was valued at USD 47.45 Billion in 2016 and is projected to reach USD 65.65 Billion by 2022, at a CAGR of 5.0% from 2017 to 2022. The high demand for colorants in the plastics and paints & coatings applications is driving the colorants market across the globe. The key players profiled in the report include, Clariant AG (Switzerland), BASF SE (Germany), DIC Corporation (Japan), Huntsman Corporation (U.S.), E. I. du Pont de Nemours & Company (U.S.), Cabot Corporation (U.S.), LANXESS AG (Germany), PolyOne Corporation (U.S.), and Sun Chemical Corporation (U.S.).
The special effect pigments market is projected to grow from an estimated USD 747.4 Million in 2017 to USD 969.2 Million by 2022, at a CAGR of 5.3%. The market is driven by the growing demand for special effect pigments in the packaging and household goods industry as these provide an appealing appearance, shimmer, and glitter for the product. The special effect pigments market is driven by the increasing demand for special effect pigments from applications such as paints & coatings, plastics, printing inks, cosmetics, and others. The report includes an analysis of the special effect pigments market by region, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The global low temperature coating (low cure coating) market was valued at USD 3.50 Billion in 2015 and is projected to reach USD 5.13 Billion by 2021, at a CAGR of 6.7% between 2016 and 2021. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021. Key companies profiled in the global low temperature coating (low cure coating) market research report include PPG Industries Inc. (U.S.), The Valspar Corporation (U.S.), Axalta Coating Systems (U.S.), Bowers Industrial (U.S.), Tulip Paints (India), Platinum Phase SDN BHD (Malaysia), VITRACOAT America Inc. (U.S.), Forrest Technical Coatings (U.S.), and Specialty Polymer Coatings Inc. (Canada).
The acrylic adhesives market is projected to grow from USD 8.84 Billion in 2017 to USD 11.72 Billion by 2022, at a CAGR of 5.81% between 2017 and 2022. Acrylic adhesives are versatile products that find application in varied industrial sectors. Growing usage of acrylic adhesives in end-use industries, improved quality of adhesives, and increased demand for durable adhesive products are the drivers for the market.
The rigid foam market is projected to grow from USD 67.21 Billion in 2016 to USD 99.78 Billion by 2022, at a CAGR of 8.2% from 2017 to 2022. The growth of the market is driven by the increasing use of rigid foam in the building & construction, appliances for insulation and energy saving, and in the automobile industry for weight reduction. These foams are also being increasingly used in the packaging end-use industry, owing to their light weight and durability.
The global label adhesive market is projected to reach 4.83 billion kilotons by 2022, at a CAGR of 4.45% between 2017 and 2022, by volume. In terms of value, the market size for label adhesive was USD 9.75 Billion in 2016, and is projected to reach USD 12.97 Billion by 2022, at a CAGR of 4.91% during the same period. The growing packaged food industry is expected to generate demand and drive the label adhesive market during the forecast period.
The instant adhesives market is projected to grow from USD 1.57 Billion in 2017 to USD 2.38 Billion by 2022, at a CAGR of 8.75% during the forecast period. In this study, 2016 has been considered as the base year to estimate the size of the instant adhesives market. The report provides the short-term forecast from 2017 to 2022. It aims at estimating the size and future growth potential of the instant adhesives market across different segments, such as curing process, chemistry, application, and region.
The duplex stainless steel market was valued at USD 2.70 Billion in 2016 and is projected to reach USD 3.40 Billion by 2021, at a CAGR of 4.7% between 2016 and 2021. Increasing demand for duplex stainless steel from various end-use industries, such as oil & gas, chemical, desalination, pulp & paper, construction, and energy is expected to drive the demand for duplex stainless steel during the forecast period.
The heat resistant polymers market is estimated at USD 12.03 Billion in 2016, and is projected to reach USD 16.67 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021. The market for heat resistant polymers is projected to grow with the increasing demand for lightweight and high temperature plastics in the global transportation industry.
The FRP grating market is projected to reach USD 574.2 Million by 2021, at a CAGR of 4.24% from 2016 to 2021. FRP grating are being used in various industries, owing to their properties, such as corrosion resistance, high strength, impact resistance, and light weight. These properties make them suitable for use in water management, the industrial sector, cooling towers, and the marine industry, among others.
The moisture curing adhesives market was valued at USD 3.80 Billion in 2015 and is projected to reach USD 5.77 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021. In this study, 2015 has been considered the base year and 2016 to 2021 the forecast period to project the market size of moisture cure adhesives.
The flexible insulation market is projected to reach USD 10.84 Billion by 2021, at a CAGR of 5.54% from 2016 to 2021.The global flexible insulation market is expected to be driven by the growing demand from end-use industries such as building & construction, heating, ventilation and air-conditioning (HVAC) and the transportation sector. Flexible insulations are those insulations which can be applied successfully or flexibly in those applications wherein other materials cannot be used. Flexible insulations are used to save energy, maintain process temperatures, provide fire & sound protection, and prevent condensation.
The membrane separation technology market is projected to grow from USD 18.55 Billion in 2016 to USD 28.10 Billion by 2022, at a CAGR of 7.2%. This market is mainly driven by the water & wastewater treatment, medical & pharmaceutical, food & beverages, and industrial processing sectors. Growing pharmaceutical and industrial development in North America and Asia-Pacific are driving the growth of this market.
The silk market is projected to reach USD 16.94 Billion by 2021, at a CAGR of 7.8% from 2016 to 2021. Silk is witnessing increase in demand in the Asia-Pacific region, mainly in China. Asia-Pacific is the largest producer of raw silk with easy availability of raw materials in the region. Silk finds application majorly in the textile industry. Increasing demand for silk from the textile industry has promoted the usage of silk. Furthermore, technological advancements in the sericulture industry are expected to drive the silk market.
The global antiblock additive market was valued at USD 839.3 Million in 2016 and is projected to reach USD 1,109.6 Million by 2021, at a CAGR of 5.7% during the forecast period. The growth of the antiblock additive market in the next five years is projected to be the highest in Asia-Pacific, and the Middle East & Africa. Growing food and pharmaceutical packaging, along with increased focus on agricultural output in the Asia-Pacific region is projected to fuel the demand for antiblock additive.
The global decorative laminates market is estimated to reach USD 7.97 Billion by 2021, at a CAGR of 3.5% from 2016 to 2021. The decorative laminates market has witnessed significant growth in recent years. Decorative laminates, due to their excellent properties, such as water resistance, huge variety, durability, microbe-resistant, and ease of maintenance are used in a wide range of applications such as cabinets, furniture, countertops, and wall panels.
The flexographic ink market is projected to reach USD 4.16 Billion by 2022, at a CAGR 4.89% from 2017 to 2022. The market is largely driven by the increasing demand for flexographic ink from various end-use applications, such as corrugated cardboards, flexible packaging, folding cartons, and tags & labels. The growth of the flexographic ink market can also be attributed to increased investments by the key players to launch efficient and cost-effective products, as well as for expansion and merger & acquisition activities. The growth of the middle-class population in emerging economies is one of the important factors driving the flexographic ink market.
The low friction coatings market is projected to reach USD 810.4 Million by 2021, at a CAGR of 5.7% from 2016 to 2021. Growing end-use industries and changing needs of consumers have fueled the demand for new and advanced low friction coatings. The development of various new and efficient low friction coatings has led to the use of the coatings in various new applications.
The mining lubricants market was valued at USD 1.95 Billion in 2016, and is projected to reach USD 2.56 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growth of the mining lubricants market is driven by the increasing demand from the Asia-Pacific region and growing end use industries such as coal and iron ore mining. The mining industry in Asia-Pacific and the Middle East is growing rapidly, which in turn is fueling the growth of mining lubricants market.
The global glycerin market was valued at USD 2.19 Billion in 2015 and is projected to reach USD 3.12 Billion by 2021, at a CAGR of 6.8% from 2016 and 2021. In this study, 2014 has been considered the historical year, 2015 the base year, and 2016–2021 the forecast period to estimate the market size of glycerin.
The global performance additives market is projected to reach USD 110.35 Billion by 2021 at a CAGR of 8.0%, in terms of value. The market is driven by the increasing demand for performance additives from end-use industries, such as packaging, household goods, and automotive. The base year considered for the study is 2015 while the forecast period is from 2016 to 2021.
The carbon black market size is projected to reach USD 13.79 Billion by 2021, at a CAGR of 4.6% between 2016 and 2021. Carbon black products find usage in several end-use industries such as, tire, rubber, plastic, inks & coatings, construction, metallurgy, resin coloring, and paint. Rising use of carbon black in the tire and non-tire rubber application segments have led to an increased demand for carbon black, globally.
The isoprene market was valued at USD 1.93 Billion in 2015, and is projected to reach USD 2.96 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021. Isoprene is used in several end-use industries, such as tires, non-tires, adhesives, and other industries. The increasing usage of synthetic rubber in these industries is expected to drive the isoprene market.
The LED materials market is projected to reach USD 12.55 Billion by 2021, at a CAGR of 9.9%, in terms of value from 2016 to 2021. The base year considered for the study is 2015, while the forecast period is from 2016 to 2021. The LED materials market is driven by the increasing usage of LEDs in general and automotive lighting. The report includes analysis of the LED materials market by region, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The global cenospheres market was valued at USD 346.8 Million in 2016 and is projected to reach USD 689.2 Million by 2022, at a CAGR of 12.16% from 2017 to 2022. The growing demand from the oil & gas, construction, and refractory end-use industries and superior structural properties are key factors expected to drive the global cenospheres market.
In terms of value, the fiberglass pipes market was valued at USD 3.04 Billion in 2015, and is projected to reach USD 4.11 Billion by 2021, at a CAGR of 5.22% from 2016 to 2021. Fiberglass pipes are becoming crucial in chemicals, oil & gas, and sewage applications due to the superior properties, low maintenance, and long product life.
The packaging foams market was valued at USD 12.81 Billion in 2017, and is projected to reach USD 17.21 Billion by 2022, at a CAGR of 6.09% from 2017 to 2022. This report aims to estimate the market size and future growth potential of the packaging foams market across different segments, such as structure type, material type, service type, and region. Factors influencing the market growth such as drivers, restraints, opportunities, and industry-specific challenges, along with competitive landscape of the market are presented in this report. In this study, 2016 has been considered as the base year and 2022 is considered as the projected year.
The epoxy composite market was valued at USD 21.60 Billion in 2015, and is projected to reach USD 33.06 Billion by 2021, at a CAGR of 7.34% between 2016 and 2021. The use of epoxy composite is becoming crucial in industries, such as wind energy, aerospace & defense, automotive & transportation, sporting goods, pipe & tank, electrical & electronics, marine, and others, due to its properties, including lightweight, low maintenance, durability, and high tensile strength and flexibility.
The report concentrates on the utilization of various FRP materials used in the manufacturing of bridges. In terms of value, the FRP bridge market was valued at USD 50.1 Million in 2015 and is projected to reach USD 72.5 Million by 2021, at a CAGR of 6.40% between 2016 and 2021. FRP bridges have increasingly gained acceptance from civil engineers across the globe due to the several useful properties offered by them, such as high corrosion resistance against de-icing salt, high strength to weight ratio, and increased shelf-life of the bridges.
The foam insulation market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. In this study, 2015 has been considered as the base year, and 2016–2021 the forecast period to estimate the market size for foam insulation.
The aerospace coatings market is projected to reach USD 1.98 Billion by 2022, at a CAGR 6.90% from 2017 to 2022. A coating is a covering that is applied to the surface of an object, usually referred to as a substrate. The purpose of applying the coating may be decorative, functional, or both. The aerospace coatings market is largely driven by increased demand for aerospace coatings from various end users, such as commercial aviation, military aviation, and general aviation. The growth of the aerospace coatings market can also be attributed to increased investments by the key players to launch efficient and cost-effective products.
The color concentrates market was valued at USD 4.24 Billion in 2016 and is projected to reach USD 5.80 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The high demand for color concentrates in plastics and packaging industries is driving the growth of the color concentrates market across the globe.
The global PVC additives market was valued at USD 3.05 Billion in 2016, and is projected to reach USD 4.08 Billion by 2021, at a CAGR of 6.0% during the forecast period. The replacement of conventional materials with PVC and the high demand for additive-based PVC are factors anticipated to drive the growth of the global PVC additives market.
The basic petrochemicals market is projected to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021 at a CAGR of 4.4% from 2016 to 2021. This growth is fueled by the growth in end-use industries such as packaging which comprises of soft drink bottling, water bottling, food packaging and general packaging, along with steady demand from the construction industry, globally.
The epoxy curing agents market is projected to reach USD 5.02 Billion by 2022, at a CAGR of 6.84% from 2017 to 2022. The growth of the market can be attributed to the expansion of the construction industry, increasing urban population, and growth of the composite industry. Based on application, the coatings segment is projected to lead the epoxy curing agents market, while the wind energy segment is projected to witness highest growth during the forecast period.
The high speed steels market is projected to grow from USD 2.13 Billion in 2016 to USD 2.77 Billion by 2021, at a CAGR of 5.3% between 2016 and 2021. Increasing demand for machinery made of high speed steels from various end-use industries, such as automotive, aerospace, and plastic, among others, is expected to drive the demand for high speed steels, thereby fueling the growth of the high speed steels market during the forecast period.
The global conductive textiles market was valued at USD 1.02 Billion in 2016 and is projected to reach USD 2.11 Billion by 2021, at a CAGR of 15.6% from 2016 to 2012. The development of conductive fabrics using graphene inks and the increasing usage of conductive textiles in wearable fitness and medical devices are providing lucrative growth opportunities to manufacturers of conductive textiles.
The metal bonding adhesives market was valued at USD 5.30 Billion in 2015 and is projected to reach USD 7.70 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. In terms of volume, the metal bonding adhesives market is projected to grow from 1,337.5 KT in 2015 to 1,871.1 KT by 2021, at a CAGR of 5.8% during the forecast period.
The composite doors and composite windows market is estimated to reach USD 1,171.4 Million by 2021, at a CAGR of 6.33% from 2016 to 2021. The increasing use of composite doors and composite windows in industrial and commercial applications is expected to drive the growth of the composite doors market. The base year considered for the study is 2015, and the market size is projected between 2016 and 2021.
The metal finishing chemicals market is projected to grow from an estimated USD 8.91 Billion in 2016 to USD 11.21 Billion by 2021, at a CAGR of 4.7%. The market is driven by the growing demand for metal finishing chemicals from the automotive industry, as these impart corrosion resistance, wear resistance, electrical conductivity, electrical resistance, reflexivity and appearance, torque tolerance, hardness, and chemical resistance properties for the metal substrate.
The global transmission fluids market is estimated to be valued at USD 6.88 Billion in 2016, and is projected to reach USD 8.43 Billion by 2021, at a CAGR of 4.1% during the forecast period. The growth rate of the market in the next five years is projected to be steady in North America and Europe, while it is projected to grow the highest in the Asia-Pacific region and the Middle East & Africa.
The global polyetheramine market is projected to reach USD 1,074.0 Million by 2022, at a CAGR of 9.3% from 2017 to 2022. The growing use of polyetheramine in different applications such as epoxy coatings, composites, polyurea, and adhesives & sealants for construction and wind energy industry is driving the market for polyetheramine. The use of polyetheramine-based composites in the wind energy industry in the last few years has increased owing to its properties.
In terms of value, the wind turbine composite market was valued at USD 7.15 Billion in 2015, and is projected to reach USD 12.17 Billion by 2021, at a CAGR of 9.28% between 2016 and 2021. Wind turbine composites are utilized in the manufacturing of wind turbine parts such as blades and nacelles, among others. The use of composites helps in the development of lightweight components with superior properties, in addition to other benefits such as low maintenance and long product life.