With the advancement in industrial technology, came the need for specialty chemicals like adhesives, anti-oxidants, additives, corrosion inhibitors and so on. We track all these types of specialty chemicals along with their important applications lik ....see more
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 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 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 global rice husk ash market is projected to reach USD 2.54 Billion by 2021, at a CAGR of 5.4% from 2016 to 2021. The increasing use of rice husk ash in place of silica fume and fly ash in the cement and construction industries, and the high demand of RHA in the Asia-Pacific and Middle East & Africa regions are some of the key opportunities for the rice husk ash industry.
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 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 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.
The global fluorosurfactants market is projected to reach USD 667.4 Million by 2021, at a CAGR of 9.8% from 2016 to 2021. Fluorosurfactants are used in very low concentration to increase the wetting, leveling, and oil repellency in applications such as paints & coatings, waxes, polishes, cleaners, films, and adhesives. Better performance of fluorosurfactants in these applications as compared to other surfactants and the use of short-chain fluorosurfactants in developed economies are driving the fluorosurfactants market globally.
The market size for self-healing materials is projected to reach USD 2,447.7 Million by 2021, at a CAGR of 95.0% during the forecast period. The growth of the market can be attributed to the properties of self-healing materials that yield long-term financial benefits compared to traditional materials. Building & construction is one of the major end-use industries for self-healing materials in emerging as well as developed economies.
The market size of sorbitol is projected to grow from USD 1.09 Billion in 2016 to USD 1.42 Billion by 2021, at a CAGR of 5.3% from 2016 to 2021. Globally, people are diagnosed with diabetes; most of them are reported to be affected with type 2 diabetes. Type 2 diabetes is associated with food consumption habits and obesity.
The global ethoxylates market was valued at USD 10.16 Billion in 2015 and is projected to reach USD 12.37 Billion by 2021, at a CAGR of 3.33% from 2016 to 2021. The growing demand from the household & personal care, and pharmaceutical industries, coupled with shift in consumer lifestyles is expected to drive the global ethoxylates market. Alcohol ethoxylates lead the global ethoxylates market in 2015. Alcohol ethoxylates are also expected to witness the highest CAGR from 2016 to 2021 owing to the high demand from North America and Europe, due to the higher environment-friendliness as compared to other ethoxylates.
The methyl ester ethoxylate market was valued at USD 114.7 Million in 2015 and is projected to reach USD 139.8 Million by 2021, at a CAGR of 3.4% between 2016 and 2021. This growth can be attributed to the rising demand from end-use industries, shift in consumer lifestyles, and increasing demand for ecofriendly surfactants and low-rinse detergents.
The coated paper market is projected to reach USD 7.18 Billion by 2021, at a CAGR of 3.2% from 2016 to 2021. In this study, 2015 has been considered as the base year, and the forecast period is from 2016 to 2021 to estimate the coated paper market. The growing demand for coated paper in Asia-Pacific, Europe, and North America coupled with its increasing demand for packaging and printing applications is expected to drive the coated paper market.
The flexible foam market is projected to grow from USD 35.86 Billion in 2016 to USD 64.14 Billion by 2026, at a CAGR of 5.99% from 2016 to 2026. The market is mainly driven by the growing use of flexible foams in furniture & bedding, automobiles, and packaging applications. In the automobile application, use of flexible foams results in reduced weight of vehicles, while in the packaging application, these foams not only ensure light weight of packages, but also offer cushioning and shock absorption properties.
The global active ingredients market for cosmetics was valued at USD 2.63 Billion in 2015 and is projected to reach USD 4.45 Billion by 2026, at a CAGR of 5.2% from 2016 to 2026. Increasing demand of anti-aging, skin whitening, and sun protection products coupled with the increasing demand for multifunctional ingredients is estimated to drive the market.
The global Epoxidized Soybean Oil (ESBO) market is projected to be valued at USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026. In this study, 2015 has been considered the base year and 2016 to 2026, the forecast period, to estimate the global market of epoxidized soybean oil. The growing demand in the Asia-Pacific, South American, and Middle-Eastern & African regions, coupled with the growing demand for PVC stabilization and UV care applications is expected to drive the ESBO market.
The caprylic/capric triglycerides market is projected to reach USD 913.4 Million by 2026, at a CAGR of 5.9% from 2016 to 2026. The key factor driving the growth of the caprylic/capric triglycerides market is the rising demand for personal care, food & beverages, pharmaceutical, and industrial & other application segments due to increase in population and high consumption. Strong demand and growing use of caprylic/capric triglycerides, especially in food & beverages products are the factors fueling the demand for caprylic/capric triglycerides.
The market for modacrylic fiber is projected to grow from USD 621.9 Million in 2016 to USD 723.7 Million by 2021, at a CAGR of 3.08%. This growth is due to the increasing applications of modacrylic fiber such as, hair fiber, pile (synthetic/fake fur), and protective clothing. Industrial regulations and standardizations regarding the safety of employees, also provide an opportunity for this market to grow.
The global butylated triphenyl phosphate market is projected to reach USD 30.7 million by 2026, at a CAGR of 4.8% from 2016 to 2026. The key factor driving the butylated triphenyl phosphate market is the increasing demand for butylated triphenyl phosphate from the automotive industry. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) correspondent’s survey, 90.78 billion vehicles were produced in 2015.
The global Isobutyl Stearate (IBS) market is projected to reach USD 182.3 Million by 2026, at a CAGR of 4.8% from 2016 to 2026. The Asia-Pacific region is the fastest-growing and the largest market, while Europe is the second largest region in the consumption of isobutyl stearate.
The polyacrylamide market is estimated to reach USD 3.85 Billion by 2021, at a CAGR of 6.8% from 2016 to 2021. The rapid industrialization and growing oil & gas industry in Asia-Pacific and the rising demand for polyacrylamide for enhanced oil recovery are the major factors expected to drive the growth of the polyacrylamide market.
The global electrically conductive adhesives market is projected to reach USD 2.53 Billion by 2021 at a CAGR of 8.48%. It is driven by the increase in use of electronic components in various industries such as aerospace, automotive, and consumer electronics, among others.
The global dyes & pigments market is projected to grow from USD 32.86 Billion in 2016 to USD 42.00 Billion by 2021, at a CAGR of 5.0% between 2016 and 2021. Both, increase in per capita consumption of dyes & pigments in emerging economies and increasing demand for dyes & pigments from varied end-use industries is expected to fuel the growth of the global dyes & pigments market during the forecast period.
The global tris nonylphenyl phosphite (TNPP) market is projected to reach USD 309.8 Million by 2021, at a CAGR of 5.6% from 2016 to 2021. The key factors driving the global tris nonylphenyl phosphite market is the rising demand for phosphite antioxidants from the petrochemical and plastic industries.
The E-series glycol ethers market was valued at USD 1.64 Billion in 2015 and is projected to reach USD 2.13 Billion by 2021, at a CAGR of 4.3% between 2016 and 2021. Major factors driving the growth of the E-series glycol ethers market include high demand for E-series glycol ethers from diverse applications in areas owing to its exceptional properties such as high water solubility, low volatility, and effective strength.
The global market of automotive aftermarket fuel additives (AFA) is estimated to reach USD 1,387.0 Million by 2021 at a CAGR of 7.15% from 2016 to 2021. The main objective of the study is to define, describe, and forecast the automotive aftermarket fuel additives market on the basis of the distribution channel, application, supply mode and region. The report includes detailed information about the major factors (drivers, restraints, opportunities and industry specific challenges) influencing the growth of the market. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market.
The size of crude oil flow improvers market (COFI) is estimated to grow from USD 1.26 Billion in 2015 to USD 1.73 Billion by 2021, at a CAGR of 5.5%. Rise in crude oil production globally and increase in the hydraulic fracturing mainly from unconventional sources is driving the market.
The market size of Southeast Asia waterproofing systems market is estimated to reach USD 5.35 Billion by 2021, at a CAGR of 14.52% during the forecast period. The rising demand for waterproofing is backed by the growing building & construction industry in the region, especially in the developing countries, such as Indonesia, Malaysia, Thailand, Singapore, and Vietnam. Rapid growth in the construction industry made it the largest contributor to the market in Southeast Asia in 2015.
The global market size of nonylphenol ethoxylates (NPEs) is estimated to decline and reach USD 607.5 Million by 2021, in terms of value. The market is segmented based on application and region. Various applications such as industrial & institutional (I&I) cleaning, paints, oilfield chemicals, leather, textiles, and agrochemicals will support the demand of NPEs during the forecast period.
The global precipitated silica market is projected to reach USD 2.23 Billion by 2021, at a CAGR of 9.1% between 2016 and 2021. This growth is mainly attributed to the increasing demand of precipitated silica from the automobile tire industry and rising concerns toward reduction in fuel consumption. Precipitated silica plays a key role in reducing rolling resistance and increasing the wear resistance and traction, which helps in reduced fuel consumption, high durability, and high grip in wet and snowy conditions.
The global market size of coating additives was USD 6.39 Billion in 2015 and is expected to reach USD 9.19 Billion by 2021, registering a CAGR of 6.1% during forecast period. The Asia-Pacific region dominated the coating additives market in terms of both volume and value. The increasing demand from the architecture, automobile, industrial, and wood & furniture industries in China, India, and Japan is driving the coating additives market.
The coating pretreatment market is estimated to reach USD 3.83 Billion by 2021, at a CAGR of over 5.76% between 2016 and 2021. The drivers identified for the coating pretreatment market are growth in application areas, increased demand from end-use industries, and growing demand from developing nations.
The market size of additive masterbatch was USD 2.42 Billion in 2015 and is projected to reach USD 3.40 Billion by 2021, at a CAGR of 6.0% between 2016 and 2021. In this study, 2014 has been considered as the historical year, 2015 as the base year, and 2016–2021 as the forecast period for estimating the market size. The global additive masterbatch market is segmented based on type, carrier resin, end-use industry, and region.
The surfactants EOR market is projected to reach USD 70.9 Million, by 2021, and grow at a CAGR of 3.20%, during the forecast period. As the oil reserves are depleting, the need for increased deeper and horizontal drilling activities in difficult terrains rises. This is expected to influence the market players to undertake EOR techniques, resulting in increased demand for surfactants.
The market size of color masterbatch was USD 3.46 Billion in 2015 and is projected to reach USD 4.75 Billion by 2021, registering a CAGR of 5.6% between 2016 and 2021. In this report, 2015 is considered as the base year and forecast period is between 2016 and 2021. The color masterbatch market is classified on the basis of type, namely, standard color, specialty color, and tailor-made color. Standard colors are used in a wide range of applications due to their mechanical, heat resistance, and weather resistance properties.
The global Antifouling Paints & Coatings Market is projected to grow from USD 5.61 Billion in 2015 to USD 9.22 Billion by 2021, at a CAGR of 8.6% between 2016 and 2021. The global antifouling paints & coatings market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations.
The defoamers market size is estimated to be USD 5.48 billion in 2016 and is projected reach USD 6.59 billion by 2021, at a CAGR of 3.8% between 2016 and 2021. The growing manufacturing sector in all regions is expected to generate demand and drive the antifoaming agent market during the forecast period. Increasing awareness coupled with regulatory guidelines and environmental concerns are expected to drive the defoamers market during the forecast period. Asia-Pacific is the key market for defoamers, globally, followed by North America and Europe. Chemicals Inc. (U.S.), Dow Corning Corporation (U.S.), Evonik Industries (Germany), BASF (Germany), Kemira (Finland), Ashland (U.S.), Elements Plc. (U.K.), and Shin-Etsu Chemical Company Ltd. (Japan).
The market size of metallocene polyolefin is estimated to grow from USD 7.89 Billion in 2015 to USD 14.05 Billion by 2021, at a CAGR of 10.15%. The market is driven by the rising food and non-food packaging industry developments, increasing demand for injection molding application, and rise in technological advances in product portfolios of metallocene polyolefins.
The market size of high heat foam is estimated to reach USD 11.37 Billion by 2021, at a CAGR of 8.2%, driven by energy efficiency and insulating properties. The market growth is attributed to the increasing demand from developing countries coupled with growing manufacturer’s preference in automotive and industrial applications. The demand for high heat foam from the industrial and automotive application is notable in key countries such as China, India, and Brazil at global level. Emerging technologies are likely to fuel the growth of the foams market in future. Among all regions considered, Asia-Pacific and RoW are estimated to witness high growth in the next five years. In addition, the demand across these regions is reinforced by the emerging markets, namely, China, Brazil, and India.
The iron oxide pigments market was valued at USD 1.78 Billion in 2015, and is expected to grow at a CAGR of 4.3% from 2016 to 2021. The base year used for study is 2015 and the forecast period is from 2016 to 2021. This report provides a detailed analysis of the iron oxide pigments market based on type, color, end user, and region. Growth in the construction sector and increase in the number of infrastructure projects result in higher consumption of iron oxide pigments.
The global chlorinated polyethylene market is projected to grow from USD 395.4 Million in 2015 to USD 620.2 Million by 2021, at a CAGR of 8.0% between 2016 and 2021. Chlorinated polyethylene is a family of thermoplastics produced by the chlorination of high-density polyethylene. Based on grade, chlorinated polyethylene can be classified into CPE 135A, CPE 135B, and others. In 2015, the CPE 135A grade segment led the global chlorinated polyethylene market, in terms of volume.
The market size of ionic liquids is estimated to reach USD 39.6 Million by 2021, registering a CAGR of 9.2% between 2016 and 2021. The market is driven by rising demand for ionic liquids owing to their unique properties along with development and commercialization of ionic liquid applications. The ionic liquids find potential applications in solvents & catalysts, process & operating fluids, plastics, batteries & electrochemistry, and bio-refineries.
The waterproofing chemicals market is projected to reach USD 30.88 Billion by 2021, at a CAGR of 12.1%. The market is driven by the increase in governmental policies boosting infrastructure growth, improving economics and quality of construction and high demand in developing nations. However, the mature markets of Europe and North America are projected to witness slow growth during the forecast period between 2016 and 2021.
The Africa automotive lubricants market is projected to be worth 763,781.6 kilo liters by 2020, registering a CAGR of 3.5% between 2015 and 2020. This report provides an in-depth analysis on Africa’s automotive lubricants market for seven major countries, namely, Egypt, Nigeria, South Africa, Tanzania, Tunisia, Kenya, and Morocco. The analysis includes market size, sales channel, company market share, brand awareness, marketing/promotion channel, and customer preference.
The global optical brighteners market size is estimated to reach USD 1.05 Billion by 2020 at a CAGR of 9.6% between 2015 and 2020. The report segments the market by application into paper, fabrics, detergents & soaps, synthetics & plastics, and others, by end-users into consumer products, security & safety, textiles & apparel, packaging, and by region into Asia-Pacific, North America, Europe, and RoW. Base year considered for the study is 2014, while the forecast period is between 2015 and 2020.
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.