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 tackifier market is projected to reach USD 3.56 Billion by 2020, at a CAGR of 4.8% from 2015 to 2020. The key factor responsible for the growth of the tackifiers market is the increased demand from the adhesives industry. The tackifiers market in Asia-pacific is anticipated to grow at the highest CAGR between 2015 and 2020. The economies in China and India have witnessed growth, fuelled by the increased construction activities and investments in the expansion or upgradation of manufacturing facilities.
The market size of packaging additives (functional additives and barrier coatings) is projected to reach USD 4.90 Billion by 2020, at a CAGR of 5.5% between 2015 and 2020. The increased use of packaging material, especially in Asia-Pacific, owing to the changing lifestyle, higher population, and rapid urbanization is one of the key factors driving the market.
The global high temperature grease market is projected to be worth USD 26.49 Billion by 2021, registering a CAGR of 5.3% between 2016 and 2021. The rapid growth in the industrial sector in Asia-Pacific is a key factor driving the high temperature grease market. More than 70% of high temperature grease was consumed by the industrial application segment in 2015. Also, the rapid growth of the automotive industry in Asia-Pacific is one of the factors driving the market.
The market size of magnetic materials is estimated to have been USD 55.52 Billion in 2014, and is projected to reach USD 96.00 Billion by 2020, at a CAGR of 9.6% between 2015 and 2020. In this report, 2014 is considered as the base year and forecast period is 2015–2020. The global magnetic materials market has been segmented on the basis of type, application, and region.
The two part adhesive market size is estimated to reach USD 6.23 Billion by 2020, at a CAGR of 6.5%. The market is driven by rising use of adhesive in the vehicles for weight reduction. As the automotive industry uses lightweight materials such as plastics, composites, and aluminum, which ultimately demand better adhesive material for bonding. So, it is a prime factor for the growth of two component adhesive, globally.
The coated steel market is estimated to grow from USD 20.62 Billion in 2015 to USD 26.68 Billion by 2020, at a CAGR of 5.30% between 2015 and 2020. The coated steel industry is witnessing moderate growth because of demand from end-use industries. Coated steel is largely used in building & construction and appliances industries.
The global oilfield scale inhibitor market was valued at USD 509.4 Million in 2014 and is expected to reach USD 697.5 Million by 2020, at a CAGR of 5.40% from 2015 to 2020. Increasing demand from the oil & gas industry, wide availability of scale inhibitors, and increasing demand for biodegradable and eco-friendly scale inhibitors are driving the market for oilfield scale inhibitor.
The industrial catalyst market size, in terms of value, is projected to reach USD 22 Billion by 2020, at a CAGR of 4.2%, between 2015 and 2020. The industrial catalyst market, in terms of volume, is projected to reach 6,420.6 kilotons, by 2020, at a CAGR of 3.8%, during the forecast period. The increasing applications, growing manufacturing industries, increasing R&D activities, continuous expansion, and merger & acquisition activities undertaken by companies are key factors responsible for the growth of the industrial catalyst market.
The global antiscalant market size, in terms of value, is projected to reach USD 2.98 Billion by 2020, registering a CAGR of 4.73% between 2015 and 2020. In terms of volume, the market size is projected to reach 1,220.0 KT by 2020, registering a CAGR of 3.70% during the forecast period. The increasing demand of antiscalants from end-use industries such as oil & gas, power, mining, and water treatment due to its superior properties and cost savings is the major driver of this market.
The SMC and BMC market is estimated to grow from USD 2.36 Billion in 2015 to USD 3.26 Billion by 2020, at a compound annual growth rate (CAGR) of 6.69% from 2015 to 2020. The report aims at estimating the market size and future growth potential of the SMC and BMC market across different segments such as application, fiber type, resin type, and region. The base year considered for the study is 2014 and the market size is forecast from 2015 to 2020. A shift in the trend from traditional materials such as iron, aluminum, and steel toward the usage of lightweight SMC and BMC is witnessed. SMC and BMC offer properties such high strength, corrosion resistance, fire & flame resistance, good electrical insulation, and a few others resulting in increased demand of the thermoset compounds.
The global silicone oil market was valued at USD 1.78 Billion in 2014 and is expected to reach USD 2.41 Billion by 2020, at a CAGR of 4.85% from 2015 to 2020. Increasing demand from end-use industries such as personal care and automotive, increasing demand from emerging economies such as China, India, Brazil, and favorable properties of silicone oil are some of the drivers for the growth of this market.
The metalworking fluids market was estimated to be worth USD 8.30 Billion in 2014 and is projected to reach USD 9.74 Billion, by 2020, at a CAGR of 3.2% between 2015 and 2020. In this report, 2014 is considered as the base year and forecast period is between 2015 and 2020. The metalworking fluids market has been segmented on the basis of product type, end-use industry, and region. Removal fluid is expected to play a key role in fuelling the growth of the overall metalworking fluids market owing to its use as a coolant across the manufacturing industry. The removal fluids are used for maintaining optimum temperature and the removal of unwanted metal chips during the grinding, drilling, and other processes.
The market for emollient esters, along with their end products, has witnessed modest growth in the past few years due to the growth of personal care industry. New product developments and increasing investments in research and development of green emollients are expected to drive the growth of this market. Increasing demand for natural skin care products have triggered new research opportunities for green emollient esters. The global emollient esters market is estimated to reach USD 226.1 Million by 2020, and is expected to grow at a CAGR of 5.4% from 2015 to 2020.
The global functional fluids market is projected to be worth USD 42.2 Billion by 2020, registering a CAGR of 4.5% between 2015 and 2020. The growth of market is primarily driven by the processing industries for manufacturing the finished goods. The massive industrial growth in Asia-Pacific and Africa drive the functional fluid market. Moreover, strong OEM recommendation to use high-performance functional fluids coupled with the stringent emission control regulations in these regions is also driving the demand for function fluids.
The global PAGs market was estimated to be worth USD 1.33 Billion in 2014 and is projected to reach USD 2.62 Billion by 2020, at a CAGR of 11.7% between 2015 and 2020. This high growth of the market is owed to the increasing demand from end-use industries in the U.S., Germany, France, China, India, and Japan. The increased usage of PAGs in a variety of applications is also one of the key factor driving the PAGs market.
The global vacuum grease market was valued at USD 117.82 Million in 2014, and is projected to reach USD 229.68 Million by 2020, at a CAGR of 11.32% between 2015 and 2020. The global vacuum grease market has been categorized on the basis of type, application, and region. In terms of value, the fluorocarbon-based vacuum grease segment led the global vacuum grease market in 2014. The vacuum grease market is categorized on the basis of application into laboratory & industrial equipment, food processing, pharmaceuticals, aerospace/aviation, and others.
The global DMAPA market was valued at USD 237.8 Million in 2014 and is expected to witness a CAGR of 5.4% between 2015 and 2020. Factors driving the market of DMAPA include increasing demand from emerging economies and end-use industries and the favorable properties of DMAPA-based products.
The global rubber processing chemicals market is expected to grow at a CAGR of 5.4% between 2015 and 2020, to reach USD 4.8 billion 2020. The global rubber processing chemicals market is expected to reach 1792.3 KT in 2020. The increasing demand for efficient and high quality products that can be used in automobile industry will boost the demand of rubber processing chemicals between 2015 and 2020.
Aerosol propellant use liquefied or compressed gas to propel active ingredients in liquid, paste, or powder form in precise spray patterns with controlled droplet sizes and amounts. Propellants are used in the manufacture of products, such as shaving creams, hair mousse, air fresheners, and deodorants/antiperspirants, as well as in automobile, industrial & technical, and other miscellaneous products. Aerosol Propellant: The global aerosol propellant market was valued at USD 5.70 Billion in 2014 and is expected to reach USD 8.16 Billion by 2020, at a CAGR of 6.17% from 2015 to 2020.
The construction chemicals market witnessed a high growth in the past few years which is estimated to increase in the coming years. This growth is largely fueled by the growth of the construction industry, technological advancements, and growing demand in the Asia-Pacific region. The global construction chemicals market (2015–2020) is estimated to reach USD 33.98 Billion by 2020 growing at a rate of 7.62% between 2015 and 2020.
The global renewable chemicals market is estimated to be USD 49.0 billion in 2015 and is projected to reach USD 84.3 billion by 2020, at a CAGR of 11.47% between 2015 and 2020. The renewable chemicals market has been majorly segmented into alcohols, platform chemicals, and biopolymers. The alcohols accounts for more than 80.0% of the renewable chemicals market, in terms of value in 2015 and the same trend is projected to continue during the forecast period.
Dispensing systems are material dispensing equipment with applications in a wide range of industries, such as chemicals, healthcare & pharmaceutical, industry & manufacturing, food & beverages, electronics, automotive, and construction, among others. The global dispensing systems market, in terms of value, is projected to reach USD 40.5 Billion by 2020 from USD 31.5 Billion in 2015, at a CAGR of 5.1% from 2015 to 2020.
PVC stabilizer are organic or inorganic substances that are added to PVC in order to improve its characteristics such as strength, durability, and heat sensitivity. PVC stabilizers are used to add value by modifying the physical or chemical properties of PVC or by reinforcing its mechanical properties to make it stronger and better for end-use applications. PVC stabilizers are used in a variety of applications of PVC such as pipes & fittings, rigid and semi-rigid films, coatings & flooring, window profiles, and wires & cables. They also help in the processing of PVC by increasing its heat stability, melting point, and lubrication, thus enabling plastics manufacturers to achieve higher output rates and increased efficiency without affecting the quality of the final product PVC stabilizers: A projected value of USD 3.8 Billion by 2020, signifying firm annualized growth of 6.9% between 2015 and 2020.
The high temperature coatings market, along with its applications, witnessed a moderate to high growth in the past few years and is likely to continue so in the in the coming years. This growth is mainly driven by the growing application sectors of power & chemical plants and oil & gas, metal processing, cookware, stoves, and automotive industries in Asia-Pacific. The high temperature coatings market size, in terms of value, is estimated to reach USD 4.24 Billion by 2020 at a firm CAGR of over 4.56% between 2015 and 2020.
The methylene chloride market, along with its end products, has witnessed a stagnant growth from the past few years, and it is expected to be the same in the coming years, especially in North American and European regions. The global methylene chloride market is worth USD 708.0 Million in 2015 and is estimated to reach USD 892.9 Million by 2020, at a CAGR of 4.75% between 2015 and 2020.
Potassium metabisulfite is a white crystalline powder and has a strong sulfur odor. Potassium metabisulfite is a disulfite and has got a melting point of 374 degrees Fahrenheit. The chemical has some potential dangers associated with it like exposure to this substance includes severe burning and damage to eyes, irritation and reddening of skin and difficulty in breathing. The potassium metabisulfite market in terms of value is estimated to grow from USD 355.5 Million in 2015 to USD 436.3 Million in 2020 and is expected to register a CAGR of 4.2% Europe dominates the market in terms of consumption of potassium metabisulfite.
Natural refrigerants are the alternatives for the environmentally harmful HCFC and HFC refrigerants. Natural refrigerants are called ‘natural’ as the chemicals are derived from the natural bio-chemical process itself. These refrigerants have very low impact on the environment in terms of ozone depletion and global warming. The market size for natural refrigerants is projected to be USD 1,419.19 Million by 2020 from USD 821.74 Million in 2015, at a CAGR of 11.5%.
The global silica fume market was valued at USD 430.87 Million in 2014, and is projected to grow at a CAGR of about 4.22% between 2015 and 2020 to reach USD 563.09 Million by 2020. The global silica fume market has been witnessing substantial growth in the past few years. Silica fume is added to concrete, which is used in the building and construction industry. There has been an increase in demand for silica fume from this industry, as it provides high corrosion resistance, high strength, and durability. There is a high demand for silica fume in Middle East & Africa and Asia-Pacific, where it is used in the construction of metro-lines, tunnels, and high-rise buildings. Another driver of the market is the increasing demand of silicon in the solar industry, as production of silica fume (a by-product of the silicon smelting process) is tied to silicon production.
The global fracking fluids market is projected to register a CAGR of 10.1% between 2015 and 2020, to reach USD 32.4 Billion 2020. The global fracking chemicals market is projected to reach 3,166.2 kilotons in 2020. The demand for fuel from both domestic and industrial usage is projected to boost the demand for fracking fluids and chemicals between 2015 and 2020.
Color cosmetics have wide applications in nail products, lip products, eye make-up, facial make-up, and other. Color cosmetics refer to the colorants and cosmetics ingredients that help to enhance the appearance of the human body. The global color cosmetics market stood at USD 57.4 Billion in 2014 and it is expected to reach USD 77.7 Billion in 2020 with a CAGR of 5.7%.
CHPTAC is required for the cationization of starch which is then utilized by the paper and textile industry. CHPTAC finds application in end-user industries which include paper, textile, water treatment, oil & gas, and others (personal care, dye, nutraceuticals, cosmetics and chemicals). The market for CHPTAC is projected to register a CAGR of 4.7% between 2015 and 2020, to reach USD 218.9 Million by 2020.
TAED has limited applications, detergents being the major one among them. Other than that, TAED is used in bleaching agents and cleaning agents. TAED’s main application lies as bleaching activator in the household detergents. Also, a small amount is also used in the bleaching of paper, textile industry, and for the generation of peracetic acid in disinfectants. The global TAED market is expected to grow at a CAGR of 2.83% from 2015 to 2020 to reach a value of 543.80 Million USD by 2020.
Dimethyl ether (DME), also known as methoxy methane, is a colorless and odorless gas. It has low boiling point and is generated from various raw materials such as natural gas, methanol, coal, and biomass. DME is a substitute of energy fuels, as it has no sulfur content. It has a variety of applications in numerous segments. It is used in the chemical and petrochemical industries as a solvent. Dimethyl Ether (DME): A projected value of USD 9.7 Billion by 2020, signifying firm annualized growth of 19.65% between 2015 and 2020.
The market size of phosphorus & derivatives is projected to reach USD 75.9 Billion by 2020 from USD 61.9 Billion in 2014, at a CAGR of 3.5% between 2015 and 2020. The high growth of the industry is mainly due to increase in demand from application industries such as fertilizers, detergent, the food industry, water treatment chemicals, metal finishing, and flame retardants material.
The global carboxymethyl cellulose (CMC) market was estimated at $1,151.7 Million in 2014 and is projected to register a CAGR of 4.2% between 2015 and 2020, Carboxymethyl cellulose (CMC) or cellulose gum is a cellulose derivative with carboxymethyl group in its chain. CMC is physiologically inert, chemically stable, odorless and tasteless substance which safe for health and environment. The other properties of CMC include high viscosity, non-toxic nature, and hypoallergenic. Major raw materials used in manufacture of carboxymethyl cellulose (CMC) include plant derived cellulose, caustic soda, and monochloroacetic acid. CMC is widely used as thickener, stabilizer, binder and dispersant in variety of applications such as food and beverages, pharmaceutical and cosmetics, detergents, oil and gas, paper processing and others.
The waterproofing admixtures market, along with its applications, has witnessed a high growth in the past few years which is estimated to increase in the coming years. This growth is largely fueled by the increasing applications, technological advancements, and growing demand in the Asia-Pacific region. The global waterproofing admixtures market (2015–2020) is estimated to reach USD 3.77 Billion by 2020 growing at a rate of 8.16% between 2015 and 2020.
Pour point depressants comes under the category of additives that are being used widely by various industries for maintaining the oil temperature and consistency of the base oil. In cold regions, generally the crude oil or base oil tends to become more viscous than in the normal temperature and thus leads to formation of wax crystals. Hence, these pour point depressant are added in certain chemicals that to prvent the oil from forming these wax crystal structure. The global PPD market is projected to reach USD 1.4 Billion till 2020.Currently, Asia-Pacific is the biggest market of pour point depressants, accounting for more than 33.3% of the total market size in terms of value in 2014.
Oilfield stimulation is the process undertaken for the recovery and improving the flow of hydrocarbons from drilling well. With the development of new technologies and innovative chemicals, stimulation has now become an easy process. Oilfield stimulation chemicals find majority of its applications in hydraulic fracturing, matrix acidization, acid fracking, and other processes. These processes include steam injection, CO2 injection, and so on. The market size of oilfield stimulation chemicals is projected to reach $2.97 Billion by 2020, signifying a firm annualized growth rate of 10.1% between 2015 and 2020.
Global FRP Pipe market showed huge opportunities as momentous demands from end application industries such as oil & gas, water & wastewater, chemical, and others. Oil and Gas is the major industry for FRP pipes market for use in transmission network, flow lines, well-interventions, etc. These rapidly increasing demands from various application industries are generating many exciting new markets opportunities for FRP pipes. Major types of FRP pipes include Polyester, Polyurethane, Epoxy and others. These FRP pipes are now days widely used in new application areas such as oil & gas, sewage pipe, irrigation and others. High cost of FRP pipes compared to pipes made with conventional materials is the major interruption in the market growth. Further market development will depend upon material availability at reasonable prices. The global FRP pipe market size in terms of value is projected to grow at a CAGR of 3.5% between 2015 and 2020 to reach $4 billion by 2020.
Rise in end- use industries such as furniture, building & construction, etc., coupled with soaring demand from emerging economies such as China, Japan, etc., is anticipated to drive the melamine formaldehyde market globally. Also, this growth is largely fueled by the increasing applications, technological advancements, and growing demand in the Asia-Pacific region. The melamine formaldehyde market is estimated to reach $4.4 Billion by 2019, signifying a CAGR of 9.9% between 2014 and 2019
This study estimates the global market for CNG tanks by the end of 2020. This market research study provides detailed qualitative and quantitative analysis of the global CNG tanks market. The report also provides a comprehensive review of the drivers, restraints, opportunities, winning imperatives, challenges, and key issues of the market. The market is segmented and forecasted for various regions including North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market value and units for major countries in each of the regions are also covered in the report. Global CNG tanks/cylinders market expected to be worth $1,563.23 Million and CAGR Value is 9.65% by 2020
The global adhesive resin market, along with its applications, has witnessed a high growth for the past few years and this growth is estimated to increase in the coming years. This growth is largely fueled by the increasing applications, technological advancements, and growing demand in the Asia-Pacific region. The adhesive resin market is estimated to reach 5,012.80 Thousand Tons by volume by 2020, signifying a firm CAGR of over 4.14% between 2015 and 2020.
Production chemicals are used for enhancing the recovery of hydrocarbons from the well. Various categories of production chemicals include corrosion inhibitors, scale inhibitors, asphaltene inhibitors, biocides, demulsifies, scavengers, surfactants, and others. These chemicals are added in production to achieve the optimum performance and enhance the effectiveness of the oil recovery. Global production chemicals market is estimated at $ 4,452.0 Million in 2014 and projected to reach a market size of $ 6,173.5 Million in 2020, registering a CAGR of 5% to 6% during the same period.
The report on “bio plasticizers” considers its six commonly used applications: packaging materials, medical devices, consumer goods, wires & cables, building & construction, and others. The bio plasticizers market is witnessing high growth because of increasing end-use industry, technological advancements, stringent regulations, and increasing demand in the developing markets. Plasticizer is a substance that is added to other polymeric substances to aid processing of the polymer and to impart flexibility, plasticity, softness, and reduce brittleness. These additives are widely employed in PVC cable, PVC resins, wire jacketing, vinyl flooring, medical equipment, automobile parts, packaging materials, consumer goods, and others. Plasticizer is the most common additives used in the plastic industry. The ban on phthalates in PVC products and increasing consumer awareness in major markets are driving the market for bio plasticizer. The market size for bio plasticizer is projected to reach $1,140.3 Million by 2020, registering a CAGR of 9.8% between 2015 and 2020.
The chlorine market is estimated to witness a CAGR of 4.9% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $33,362 million by 2019. The key participants in this market are The Dow Chemical Company (U.S.), BASF SE (Germany), Occidental Petroleum Corporation (U.S.), Formosa Plastics Corporation (Taiwan), Ineos Group Ltd. (U.K.), Olin Corporation (U.S.), PPG Industries (U.S.), Tata Chemicals Limited (India), Tosoh Corporation (Japan), and Hanwha Chemical Corporation (Korea).
Acrylic esters are used in many industries for various applications. They are required in surface coatings, adhesives & sealants, textiles, diapers & training pants and many other applications. The report covers qualitative aspect of acrylic esters and detailed volume (KT) and value ($Million) forecasts of acrylic esters along with its types, application and region. The Acrylic esters market is expected to witness a CAGR of 6.3% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $9,143 Million by 2019.
EOR chemicals are used for enhancing the recovery of hydrocarbons from the well. Various types of EOR chemicals include surfactants, water soluble polymers, polymer gels, biopolymers, alkaline chemicals, and others. These chemicals are used in EOR applications to achieve the optimum performance and enhance the effectiveness of the oil recovery. The EOR chemicals market is projected to reach $150.35 million by 2019
The global sludge treatment chemicals market has been witnessing many developments over the past few years. Sludge treatment chemicals are preferred and widely accepted chemicals for sludge treatment. The focus of various regulatory bodies to reduce the volume and toxicity of sludge for meeting the future sustainability are further driving the market for sludge treatment chemicals globally. Sludge treatment chemicals consumption has grown significantly in the recent times and is at an emerging stage in various countries. Sludge Treatment Chemicals: $7.4 Billion market by 2020 signifying firm annualized growth rate of 5.10% from 2015 to 2020.
The polymer nanocomposites market in terms of value is expected to reach above $5,100 million by 2020, growing at a significant CAGR from 2014 to 2019. This report also includes the leading manufacturers’ profiles such as BYK Additives (Germany), 3D System (U.S.), Foster Corporation (U.S.), Industrial Nanotech (U.S.), Hybrid Plastics Inc. (U.S.), Inframat Corporation (U.K.), InMat Inc. (U.S.), Nanocor Incorporated (U.S.) and others.
The Asia-Pacific base oil market is estimated to register a CAGR of 3.5% between 2015 and 2020 and the demand is estimated to reach 25,226.5 KT by 2020. The demand for base oil is expected to witness a steady growth in the Asia-Pacific countries. The market size is expected to increase in Asia-Pacific, due to the economic growth in the nations such as South Korea, China, and India.