Polyarylsulfone (PAS) Market Demand, Application, Growth, Overview, Share, Forecast 2030

Polyarylsulfone Market Overview

Polyarylsulfone (PAS) is a high-performance thermoplastic containing phenyl and biphenyl groups linked by ether and sulfone groups. It provides more thermal resistance and superior short and long-term thermal stability than engineered thermoplastics and other superior characteristics such as high impact & tensile strength, excellent transparency, lightweight, low moisture absorption, good dimensional stability, excellent flame retardancy, good hot water, steam, chemical, and stress cracking resistance, high glass transition temperature (2000C), and low coefficient of thermal expansion (1200C).

According to a detailed report published by Market Research Future (MRFR), the global polyarylsulfone market has been assessed to reach a significant market valuation at a steady CAGR over the forecast period of 2020 to 2030.

Polyarylsulfone is extensively used in fields that require safety and regulatory standards such as aerospace, automotive, and healthcare industry owing to its superior properties.

Influential factors estimated to drive the market over the forecast period are the extensive use of polyarylsulfone in industries. concerned with safety regulation standards such as aerospace, automotive, and healthcare. Moreover, polyarylsulfone is also used in electrical & electronics applications such as in circuit breakers, fuse holders, switch latches, transparent displays, and housing parts of air humidifier & electrical batteries due to its high impact & tensile strength, lightweight, reduced creep tendency, and high dimensional stability. in addition, it is used to manufacture household appliances such as coffee machines, samovars, and pipe connection fittings due to its high thermal stability, chemical resistance, and low moisture absorption property. The varied applications of polyarylsulfone are driving its demand globally, consequently contributing to market growth over the forecast period.

Polyarylsulfone Market Segmental Analysis

The global polyarylsulfone industry has been segmented based on product type, end-use industry, and region.

Based on product type, the polyarylsulfone market demand has been segmented into polyethersulfone (PESU), polyphenylsulfone (PPSU), and polysulfone (PSU).

Based on the end-user industry, the global market for polyarylsulfone has been segmented into aerospace, automotive, electrical & electronics, healthcare, water treatment, and others.

Based on the region, the global polyarylsulfone market growth has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Polyarylsulfone Market Key Players

The key players identified in the global polyarylsulfone market are Ensinger Inc. (U.S.), Polymer Dynamix Llc (U.S.), Polymer Industries (U.S.), RTP Company (U.S.), Westlake Plastics Company (U.S.), Solvay SA (Belgium), Quadrant Plastic Composites AG (Switzerland), BASF SE (Germany), Sumitomo Chemical Company(Japan), and SABIC (Saudi Arabia).

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Regional Analysis

North America has been assessed as one of the significant regional markets for polyarylsulfone and is estimated to show a stable market growth during the forecast period, owing to factors such as the growing aerospace industry, electronics industry, and healthcare industry and in the developed countries such as U.S. and Canada.

Europe is also expected to show a steady market growth for polyarylsulfone owing  to the strong automotive market and growing microelectronics market in countries such as Germany and the Netherlands.

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The Asia Pacific is estimated to be the largest and the fastest growing market for polyarylsulfone. The demand for polyarylsulfone is projected to be driven primarily by the huge automobile industry in China, the rising electrical & electronics industry in countries such as Japan, South Korea, and Taiwan, and the increasing healthcare industry in India. in addition, rapid growth in the industrialization and urbanization of these countries is also likely to influence the demand for polyarylsulfone over the forecast period. Also, the rising demand for water treatment facilities to ensure safe and clean water is an additional factor for market growth.

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Zinc Sulfate Market Analysis, Growth, Overview, Trends, Demand and Industry Forecast 2030

Zinc Sulphate Market 

The focus on the Zinc Sulphate Market has revived owing to awareness of the fact that the fortification of crops can help eliminate certain nutritional deficiencies from the population. Reports that gauge the basic chemicals industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is expected to benefit from a robust CAGR in the approaching period.

The importance of zinc in human, animal, and plant nutrition is expected to increase the demand for the zinc sulfate market in the coming years. The escalated use of fertilizer and agricultural sprays to treat zinc deficiency through agricultural practices is projected to create several viable opportunities for the development of the zinc sulfate market around the world. Also, the increased application of zinc sulphate in the chemical industry is expected to create favorable traction for market expansion.

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Zinc Sulphate Market Key Players

The notable players leading the growth of the zinc sulfate market are Changsha Latian Chemicals Co., Ltd, Rech Chemical Co. Ltd, Tianjin Xinxin Chemical Factory, Midsouth Chemical, Changsha Haolin Chemicals Co., Ltd, Alpha Chemicals, Zinc Nacional, Ravi Chem Industries, Balaji Industries, Old Bridge Chemical, Inc., Tianjin Topfert Agrochemicial Co., China Bohigh, Gupta Agri Care, Sulfozyme Agro India Pvt. Ltd., and Sigma-Aldrich, Inc.

Zinc Sulphate Market Segmental Analysis

The segmentation of the zinc sulfate market report is carried out on the basis of type, application, end use, and region. On the basis of type, the zinc sulfate market is segmented into zinc sulfate monohydrate, zinc sulfate anhydrous, zinc sulfate hexahydrate and zinc sulfate heptahydrate.  On the basis of application, the zinc sulfate market is segmented into medicine, chemical, agrochemical and water treatment. Based on the end-user, the zinc sulfate market is segmented into healthcare, agriculture, chemical and textile. On the basis of region, the zinc sulfate market comprises of Asia Pacific, North America, Europe, the Middle East, Latin America and Africa.

Zinc Sulphate Market Detailed Regional Analysis     

The assessment of the regions in the global zinc sulfate market covers five key regions such as Asia Pacific, North America, Europe, the Middle East, Latin America, and Africa. The Asia Pacific region is estimated to lead the global market share for zinc sulfate, trailed by the Middle East & Africa, which is additionally trailed by the European region. India with an elevated percentage of the population occupied in the profession relating to agriculture & farming combined with the factor of high infant mortality cases is taking steps to battle zinc deficit in the population by enhancing crops with pesticides, zinc sulfate fertilizers, and fungicide. Moreover, the European region’s zinc sulfate market is anticipated to record stable growth due to the transfer of consumer inclination towards the zinc sulfate-based agrochemicals, flotation, and electroplating. In the Latin American region, Mexico is motivating the zinc sulfate market owing to a high zinc deficient population. Also, the zinc sulfate market is comparatively established in other parts of Latin America and North America leading to better growth chances.

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Zinc Sulphate Market Competitive Analysis

In the approaching years, the control exerted by fairly high-income level nations around the world and the likely gains observed towards a few of the currencies around the world is projected to strengthen the fruition of the market in the forecast period. A significant climb in the number of backers in the market is expected to craft an advantageous state of affairs for the evolution of the market in the projected period. The advancement of the market is projected to capture amplified impetus in the coming years chiefly due to the incidence of contributory government plans. The escalated turnaround in the market is likely to set off new openings for the development of the market. The enhancement in different domestic economies is projected to encourage the progress of the market in the impending period. 

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Phosphorus Trichloride Market Size, Growth, Analysis, Overview & Trends during Forecast 2030

Phosphorus Trichloride Market Overview

As per the recently released report by the Market Research Future (MRFR), the global phosphorus trichloride market is expected to grow at a noteworthy pace during the forecast period of 2030. The manufacturing of commodity chemicals and agrochemicals is one of the major driving factors of the global market. The demand for agrochemicals is strikingly increasing to meet the consumption requirements of the rapidly growing population. This is subsequently boosting the growth of the market. Phosphorus trichloride is majorly used in the chemical synthesis of organophosphorus compounds and acts as precursor to other chemicals like phosphoryl chloride (POCl3), phosphorus pentachloride (PCl5), and thiophosphoryl chloride (PSCl3). This chemical compound is a highly important ingredient for the manufacturing of gasoline additives. This is, in turn, expected to also aid the market growth due to the highly efficient and superior quality fuels from the automotive industry. It is also reported that the high demand for phosphorus trichloride is linked with its role as a plasticizer. It provides enhanced level of plasticity, flexibility, and durability for its used in PVC. Additionally, the growing awareness concerning sexually transmitted and heart-related diseases and disorders is driving the market as well. Furthermore, it is worth noting that phosphorus trichloride is also used for the electrodeposition of metal on rubber and for producing flame retardants.

However, the growth of the market can be hampered due it being classified as extremely corrosive and toxic by the EU Directive 67/548/EEC. Add to this, both the Occupational Safety and Health Association (OSHA) and the National Institute for Occupational Safety & Health (NIOSH) have pre-fixed a limitation on the product exposure level.

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Phosphorus Trichloride Market Segmentation

The global phosphorus trichloride market segmentation is based on two key dynamics, namely application and region.

On the basis of application, the market segments into pharmaceuticals, chemical intermediate, gasoline additive, agrochemicals, and others.

The market is geographically segmented across five key regions, namely North America, Latin America, Asia Pacific, and the Middle East & Africa.

Phosphorus Trichloride Market Competitive Landscape

The global phosphorus trichloride market hosts numerous key players, namely Solvay (Belgium), LAXNESS (Germany), Sandhya Group (India), Monsanto Company (the U.S.), ICL (Israel), PCC Rokita (Poland), Merck KGaA (Germany), Parchem fine & Specialty Chemicals (New York), Xuzhou Jianping Chemical Co., Ltd (China), Alfa Aesar (US), and others.

Regional Analysis

Among the above-mentioned names, The Asia Pacific region is expected to lead the global market in the forthcoming years as per the report published by MRFR. The dominance of the region can be boiled down to the high demand from agrochemical and chemicals industries. In this region, the chemical compound is used for the manufacturing of insecticides, fertilizers, and pesticides. This acts as a key factor influencing the growth of the market in Asia Pacific. The increasing demand for superior crop productivity coupled with the expanding population base are two other key factors that are expected to drive the growth of the market in this region in the coming years.

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The North American market is majorly driven by the increasing demand for phosphorus trichloride from developed chemical industries. Additionally, it is worth noting that the demand for pharmaceuticals and pharma-related products in the US is one of the key drivers of the market contributing to the overall growth of the North American region.

Europe stands third as per the global standings of phosphorus trichloride and is expected to experience significant growth in the forthcoming years. This is based on the growing demand from various major industries like the plastics & polymers, chemicals, and others. The Latin American market is expected to garner meagre growth over the forecast period. However, the region is driven by the increasing product demand for the manufacturing of plasticizers. Countries like Brazil and Argentina play a major role behind the growth of the Latin American regional market.

Finally, the Middle East & Africa is forecasted to attain significant growth in the forthcoming years on account of the increasing demand for pesticides and agrochemicals due to the surging health awareness among the consumers herein and a rising demand for food production.

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Propylene Glycol Alginate Market Analysis, Size, Share, Growth, Trends and Forecast 2030

Propylene Glycol Alginate Market Overview

Propylene glycol alginate is used in a wide range of applications such as stabilizers, thickeners, emulsifiers, defoaming agents, surfactants, and preservatives among others. The rising demand from the food and beverage and cosmetic & personal care industry across the globe is substantially contributing to the growth of the propylene glycol alginate market. Propylene glycol alginate is extensively used in breweries to stabilize the foam in beers.  The growing beer consumption across the globe is anticipated to positively affect the growth of the global propylene glycol alginate market.

Propylene Glycol Alginate Market Segmentation

The global propylene glycol alginate industry is segmented into application and region. On the basis of the application, the global market of propylene glycol alginate is segmented into thickeners, emulsifiers, gelling agents, defoaming agents, surfactants, preservatives, texture stabilizers and others. On the basis of the end-user industry, the market is further segregated into food & beverage, pharmaceuticals, cosmetic & personal care and others. On the basis of the region, the global propylene glycol alginate market research is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Competitive Analysis

Some of the prominent players in the global propylene glycol alginate market  are Universal Preserv-A-Chem Incorporated (U.K), Kikkoman Corporation (Japan), KIMICA Corporation (Japan), Fuji Kasei Co. Ltd (Japan), IRO Alginate Industry Co., Ltd (China)., Qingdao Bright Moon Seaweed Group Co.,Ltd (China), and Rizhao Jiejing Group Co., Ltd (China) among others

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Market Scenario

Among the various applications of the propylene glycol alginate, the food & beverage application was the dominant segment in 2016 and is expected to retain its dominance during the forecast period. Whereas, the cosmetic & personal care and pharmaceutical application segment are also expected to exhibit steady growth during the review period. The growing demand for processed food across the globe coupled with increasing application in cosmetics & personal care is expected to augment the market growth further. The increasing consumption of ice creams, salad dressings, jams, and other dairy products across the globe is anticipated to surge the demand for thickening & emulsifying agents, in turn, propelling the demand for propylene glycol alginate. 

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The global propylene glycol alginate market application is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest  growing  market  during the forecast period. The presence of agrarian economies has augmented the use of propylene glycol alginate as herbicides, pesticides. Moreover, the growing population has increased the demand for food and beverages, in turn, adding to the demand for propylene glycol alginate. Moreover, the growing disposable income in the region has augmented the demand for beer, which is anticipated to fuel the market growth further. According to the  Statistics, the beer revenue in India is expected to reach US$ 3,758 million by the end of 2018. North America is anticipated to be the largest market, which is closely followed by Europe.

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Lubricant Market Demand, Application, Growth, Overview, Share, Forecast 2030

Lubricant Market 

The Lubricants Market value was estimated at USD 157.6 billion during the forecast period that ended in 2019. Because of the changing market trends and the advancements in the market dynamics, the market is expected to attain a growth CAGR of 3% during the ongoing forecast period of 2021-2030.

The global lubricants market is profiled in great detail in the latest research report from Market Research Future (MRFR), providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the lubricants market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the lubricants market’s growth trajectory over the forecast period are provided in the report. The leading players in the global lubricants market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global lubricants market. The major drivers and restraints affecting the global lubricants market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.

Lubricants are substances used to reduce the generation of heat through friction between two work surfaces. Due to their benefits in reducing the wear and tear, lubricants are widely used in a wide array of applications, including industrial, automotive, marine, construction, and others. Lubricants also protect work surfaces from rusting and other types of corrosion, making them last longer than unlubricated work surfaces. Lubricants are mainly produced from petroleum. As a result, the production of lubricants is dependent on the availability of petroleum. The fluctuations in the price of petroleum are thus likely to be a key restraint on the global lubricants market.

The growing automotive industry is likely to be a major driver for the global lubricants market over the forecast period. The automotive industry has grown spectacularly in the last few decades due to the growing demand for passenger vehicles from emerging regions. This has driven the demand for a number of substances used in automotive industry operations, including lubricants. The growing construction industry is also likely to be a major driver for the global lubricants market over the forecast period.

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Competitive Leaderboard:

Leading players in the global lubricants market include PETRONAS, Fuchs, Idemitsu Kosan Co. Ltd., JXTG Group, BP plc, Petrochina Company Ltd., Sinopec Lubricant Company, Total SA, Chevron Corporation, ExxonMobil Corporation, and Royal Dutch Shell plc. Advertising is likely to be a major competitive strategy for players in the global lubricants market over the forecast period. Merger and acquisition activity is also likely to be high in the market over the forecast period.

Lubricant Market Segmentation:

The global lubricants market is segmented on the basis of type, application, and region.

By type, the global lubricants market is segmented into mineral oil, biobased, and synthetic lubricants. The biobased segment is expected to grow at a rapid growth rate over the forecast period due to the growing demand for biobased industrial products, including lubricants. Biobased lubricants pose no threat to the environment, as they can biodegrade naturally. This has made biobased lubricants a key part of the global lubricants market.

By application, the global lubricants market is segmented into automotive, marine, construction, industrial, and others. The industrial segment is further classified as metalworking fluids, general industrial oils, process oils, and industrial engine oils. The automotive segment is further classified as gear oil, passenger vehicle oils, heavy duty engine oils, hydraulic and transmission fluids, and others. The automotive segment is likely to dominate the global lubricants market over the forecast period due to the growing automotive industry.

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Regional Analysis:

Asia Pacific dominates the global lubricants market and is likely to remain the leading revenue generator over the forecast period. The growing automotive industry in Asia Pacific is the major driver for the global lubricants market, as the automotive industry is the major consumer of lubricants. The construction and marine industries are also growing in Asia Pacific, leading to a growing demand for lubricants.

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Ethanolamines Market, Growth, Overview, Trends, Share, Analysis, Forecast to 2030

Ethanolamines Market Overview:

Ethanolamines are organic compounds produced as a result of the synthesis of ethylene oxide and ammonia. It serves as raw material for the manufacture of various solvents and formulations. The global ethanolamines market report by Market Research Future (MRFR) has been compiled keeping in mind the impact of the COVID-19 pandemic on the production and value chain. It contains drivers, restraints, opportunities, and threats for the period of 2019 to 2030 (forecast period).

Ethanolamines Market Scope

The global ethanolamines market is driven by the demand in surfactants and agrochemicals. Applications in metal cleaning, detergents, chemical intermediates, and herbicides can fuel the market demand significantly. The economic growth in developing regions and changing living standards of consumers can drive the market demand. The uptick in the production of fragrances, polishes, and textiles can work in favor of the market.

Ethanolamines Market Segmentation

The global ethanolamines market is segmented by product and application.

By product, it is segmented into monoethanolamine, diethanolamines, and triethanolamines. Triethanolamines can hold a major market share till the end of the forecast period owing to its utilization in sunscreens, detergents, shaving products, hair care products, and others. But diethanolamines can surpass its counterpart over the assessment period.

Major applications comprise textiles, detergents, cement, chemical intermediates, herbicides, metal cleaning, gas treatment, personal care, and others. Detergents are predicted to contribute majorly to the global ethanolamines market due to its application in emulsifying agents and anti-static agents. The purpose of cleaning facilities due to stringent regulations regarding work safety and production norms amid the outbreak of the COVID-19 pandemic can drive the need for ethanolamines.

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Competitive Outlook

Akzo Nobel N.V., SABIC, Jiaxing Jinyan Chemical Co. Ltd., The Dow Chemical Corporation, BASF SE, LyondellBasell Industries Holdings B.V., China Petroleum & Chemical Corporation, INEOS, Sintez OKA Group of Companies, Huntsman Corporation LLC, and others are key players of the global ethanolamines market.

Regional Analysis

Geographically, the market covers trends and opportunities across regions of Asia Pacific (APAC), North America, Europe, Latin America, and the Middle East & Africa (MEA).

APAC holds the lion’s share of the market due to growing demand for diethanolamines in metal cleaning, detergents, chemical intermediates, herbicides, and others. The surge in disposable income levels of consumers coupled with rapid urbanization can propel the market growth. Countries such as China, Japan, and India are the major players in this market.

North America is likely to showcase exemplary growth in regards to the global ethanolamines market due to high standards of living and consumption of personal care products. Investments in end-use industries are likely to drive the market in the region during the forecast period. The U.S., Canada, and Mexico are predicted to spur the demand in the market due to their flexibility, stability, and durability.

Europe can witness a drop in demand due to the restrictions on diethanolamines by the European Union for the manufacture of cosmetics. Alternative methods for the use of these chemicals can lead to new growth avenues for the global ethanolamines market.

Latin America is estimated to witness significant growth in the market due to the use of agrochemicals in the agriculture sector. The utilization of emulsifying agents and the growing use in herbicides and gas treatment can fuel the ethanolamines demand. Moreover, the MEA region can witness a slow growth in the market due to volatile prices of raw materials.

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Anti Corrosion Coating Market Overview, Demand, Global Industry Share, Analysis and Growth 2030

Anti-Corrosion Coatings Market Insights

Anti Corrosion Coating Market is projected to be worth USD 45 Billion by 2030, registering a CAGR of 11% during the forecast period (2022 – 2030), The market was valued at USD 28.17 billion in 2021.

Anti-corrosion coatings allow for added protection of metal surfaces and acts as a barrier to inhibit the contact between chemical compounds or corrosive materials. In addition to corrosion prevention, many of coatings also provide a bonus of abrasion resistance, non-stick performance and chemical protection.

The expansion of the marine industry can be considered to explain the growth that is anticipated to be witnessed in the anti-corrosion coatings market. Maritime transportation remains one of the chief means of bulk transportation around the world after air transportation. With greater popularity garnered by the tourism industry, cruise ships are also witnessing greater demand and luxury cruise ships have registered greater production due to burgeoning demand. Marine coatings market is expected to be a multibillion dollar industry by 2023 and anti-corrosion coatings are poised to hold a major share in this market.

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Segmentation:

The anti-corrosion coating market is segmented on the basis of types, application, and end users.

By types anti-corrosion coating market is categorized into epoxy, acrylic, zinc, polyurethane alkyd, silicone, chlorinated rubber, and others such as fluorocarbons, graphene, co-polymers, ceramic, and glass flakes.

On the basis of application anti-corrosion coating market is classified into solvent-based coating, water-based coating, powder coating, and others which include high-energy cure coatings, antifouling coatings, nano-coatings.

On the basis of end user, anti-corrosion coating market segmented into shipbuilding, oil & gas, transport, marine, energy, automotive, and others such as pipes & tanks, wastewater treatment plants, power plants, wind turbines, construction.

Competitive Overview:

Key players of the global anti corrosion coating market are 3M, BASF SE, Hempel Group, Kansai Paint Co., Ltd, PPG Industries, The Dow Chemical Company, Wacker Chemie AG, Valspar, Bluchem, RPM International Inc., and Others.

Industry News:

Anti-corrosion coatings market has often witnessed the launch of new products due to advancements in the field of coatings and the development of products that are reinforced to perform better. For instance, Alltimes Coatings Ltd recently launched its Advantage Graphene liquid coatings roofing system. Advantage Graphene is claimed to be enhance with anti-corrosion performance that has been achieved with the incorporation of graphene developed by Applied Graphene Materials, a leading manufacturer of advanced graphene. The fact that Advantage Graphene system is the result of in depth testing program extensive product development indicates the fact that investments in the anti-corrosion coatings market are increasing that in turn is creating the scope for development of better products with better performance and life expectancy.

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Anti-Corrosion Coatings Market Regional Analysis:

Asia Pacific is estimated to be the largest anticorrosion coating market due to expansive demand for the product from various end user industries. One of the chief end users of anti-corrosion coatings in the region is the expansive marine and shipbuilding industry, especially that of China. For instance, the merging of CSIC and CSSC, the two state owned ship building companies of China in 2019 resulted in the formation of the largest shipbuilder in the world. The massive shipbuilding industry of China is closely followed by that of Japan, and India. Water-based coatings and solvent-based coatings have registered increased demand in India, Taiwan, and South Korea.

North America is the second highest producer of water-based and solvent-based coatings. The region also has a considerable presence of end user industries especially in the U.S. such as automotive, oil and gas and energy that will add a significant impetus to the anti-corrosion market in the region.

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Global Titanium Dioxide Market Growth|Trends, Size,Share & Forecast to 2030

Titanium dioxide (TiO2) is a white colored pigment and a naturally occurring oxide of titanium in three forms – brookite, anatase, and rutile. It has applications in cosmetics, coatings, paints, paper, plastics, foods, and others. The global titanium dioxide market report compiled by Market Research Future (MRFR) contains developments and insights of the use of TiO2 in paints and coatings and predictions for the period of 2016 to 2023 (forecast period).

Market Outlook

The titanium dioxide market has a CAGR of 8.92% until 2030. The market was worth USD 21.37 billion in 2020 and is projected to be worth USD 34.47 billion in 2030.

The demand from automotive and construction sectors is the primary driver of the market. Strict policies outlining the low emission rates in cars and efforts taken by manufacturers in lowering vehicle weight support this trend. TiO2 is used in the coating of polycarbonates for upping the scratch resistance of coats. Titanium dioxide is mixed in coats and paints to enhance the aesthetic appeal of products. It has uses in industrial and architectural applications.

Acquisitions and mergers are seen as a gateway of sustaining in the market by players. Recently, Kemira Oyj decided to merge its titanium dioxide unit with the assets of Rockwood Holdings, a U.S. firm. Opportunities have emerged in the market in the form of electroceramics, color pigment precursors, and catalysts.

Environmental restrictions, carcinogenic properties of TiO2, and fluctuating prices of raw materials can restrain the global titanium dioxide market.

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Segmentation

The global titanium dioxide market is segmented by application and end users.

Based on application of titanium dioxide market is segmented into paper, paints, coatings, plastics, pigment, photo-electrode, cosmetics, food additives, and others.

Based on end user the market segmented into construction industry, automotive, food & beverages, personal care, pharmaceutical, and others.

Competitive Outlook

The Chemours Company Chemours, Tronox Limited, Huntsman International LLC., Argex Titanium Inc., CRISTAL, NL Industries, Inc, Evonik Industries, DuPont, Shandong Doguide Group Co., Ltd, Tayca Corporation, and others are key players of the global titanium dioxide market. Development of new feedstock manufacturing companies and pigment plants seem to be the main focus of these players to sustain during the forecast period.

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Regional Analysis

Geographically, the global titanium dioxide market looks at North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa (MEA).

Asia Pacific is the largest market of titanium dioxide due to demand in various applications such as paints, plastics, photo-electrode, pigment, paper, in China and Japan. The expansion of coatings and paints sectors will be the biggest driver of the market in the region. The growing population and the rise in expendable income levels of customers can drive the market demand exponentially.

Europe is the second-largest followed by North America. High demand for cosmetics and personal care products will drive the demand for TiO2. Availability of the chemical in ultrafine grades and its inclusion in sunscreen products can drive the regional growth. North America is driven by the production of coatings owing to the rise of infrastructural projects. The upswing noticed in the manufacturing sector can also influence the North America titanium dioxide market.

Latin America and Middle East also witnessed in growth of titanium dioxide market due to various application such as additives, pigment, paper, cosmetics, and others.

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PVC Pipes Market Size, Growth, Analysis, Overview & Trends during Forecast 2030

PVC Pipes Market Overview

PVC Pipes Market is projected to be worth USD 87.15 Billion by 2030, registering a CAGR of 5.79% during the forecast period (2021 – 2030), The market was valued at USD 61.5 billion in 2020.

The pvc pipes market has witnessed a tectonic surge over the past few years across the global market. The recent boom in the construction industry, coupled with rapid urbanization are some of the key factors aiding revenue growth of the market. The building and construction industry include commercial, residential, industrial, and commercial sectors. The industry is estimated to expand at a steady pace, and thus the demand for raw materials has increased. Pipes are crucial parts of the building and construction industry and find application in wastewater drainage systems, water pipelines, HVAC systems, gas pipelines, and others. Such factors are likely to promote the market growth across the globe.

On the contrary, surge in plastic waste is likely to restrict the market growth across the globe. Due to the ever-increasing population, rising use of daily products, growth in population, and the development of various forms of composites and plastics, the quantum of solid waste are on the rise. Plastic waste decomposes slowly and remains unburied for decades. It gets carried away with wind and water and adversely affects the ecology. Countries across the world have set mandates to control plastic waste and encourage reuse of plastic. Such regulations prove to be a restraint to produce plastic. With the rising plastic waste and strict mandates regarding plastic production, the PVC pipes market will experience a slowdown.

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PVC Pipes Market Competitive Dashboard

The top players operating in the PVC pipes market report include China Lesso Group Holdings Ltd. (China), Astral Polytechnik Limited (India), Advanced Drainage Systems, Inc. (the US), Polypipe Plc (UK), National Pipe and Plastics, Inc. (US), Amanco (Brazil), Egeplast A. S (Turkey), and others.

Global PVC Pipes Market: Segmental Analysis

The PVC pipes market analysis report has been segmented on the basis of types, application, and end user.

Based on the type, the PVC pipes market is segmented into plasticized, post chlorinated, and unplasticized.

The application segment comprises plumbing, sewerage, oil & gas, water supply, irrigation, and others. Of these, the PVC pipes are highly consumed by the sewerage application due to the recent boom in the construction industry.

By end users, the PVC pipes industry application is segmented into housing, agriculture, telecom industry, building & construction, and others. The building & construction and housing industries, including applications such as plumbing, sewerage, and water supply will continue to drive the market in the segment. PVC pipes used in the building & construction industry is mainly for the construction of plumbing, sewerage, and water supply.

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PVC Pipes Market Regional Frontiers

Geographically, the PVC pipes market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, the Asia Pacific is likely to lead the regional market, with China being the largest consumer and producer of PVC pipes. The soaring demand from the building and construction industries, coupled with the rapid urbanization and industrialization in the region are some of the primary growth stimulants of the market. Mounting demand for PVC pipes in several applications like plumbing, sewage, oil & gas, water supply, irrigation, and others will promote the market growth. The surging demand from building & construction, agriculture, housing, and telecom industry, in countries like India, China, and Indonesia have further influenced the market growth to a large extent. Significant investments made in the chemical and agricultural industries have a positive impact on the overall market, thereby influencing its growth in the region. China dominates the regional market in terms of commercialization and demand for PVC pipes and fittings. Moreover, the existence of industry bigshots like Tessenderlo Group, China Lesso Group, Advanced Drainage Systems, Sekisui Chemical, Egeplast GmbH, Finolex is contributing to the market’s growth.

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Potassium Feldspars Market to 2030 |Growth, Analysis, Trends, Industry Analysis and Overview

Potassium Formate Market Summary

The global potassium formate market was valued at over USD 500 million in 2018 and is expected to exhibit a CAGR of over 4% during the review period. The global demand for potassium formate is majorly driven by the increasing demand for efficient oil drilling and completion fluids in the oil & gas industry. The high demand for energy across the globe and increasing shale gas exploration are likely to fuel the demand for potassium formate and propel the global market growth in the years to follow.

Potassium Formate Market Segmentation

The global potassium formate industry has been segregated on the basis of form, application, and region.

By form, the global potassium formate market report has been segmented into liquid (brine) and powder. The liquid (brine) segment accounted for the largest share of the market and is projected to be the leading segment during the forecast period. High density with solid-free formulation, monovalent ions in solution, compatibility with most metals and elastomer, good compatibility with reservoir minerals and formation fluids, resistance to scale formation, high thermal and specific heat capacity are some of the key characteristics of the product, owing to which it is widely used as drilling fluid, refrigerant, and de-icing agent. The potassium formate powder is mainly used as a reducing agent in the printing & dyeing industry, as a coagulator in the production of cement, and the manufacturing of carbon black.

Based on application, the global potassium formate market forecast has been categorized into oilfield, de-icing and anti-icing agents, refrigerants, industrial, and others. Potassium formate finds extensive application in the oilfields, wherein it is used as a reservoir drilling and completion fluid and well suspension and packer fluid. The increasing demand for these fluids in the oil & gas industry to enhance the oil production process is expected to boost the demand for potassium formate in the years to follow.

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Potassium Formate Market Competitive Analysis

The prominent players in the global potassium formate market share are Eastman Chemical Company (US), ADDCON GmbH (Germany), Evonik Industries AG (Germany), Clariant (Switzerland), Nachurs Alpine Solutions (US), Hawkins, Inc (US), Shouguang Hengtong Chemical Co., Ltd (China), TETRA Technologies, Inc (US), Proviron (Belgium), American Elements (US), and Hangzhou Focus Chemical Co., Ltd (China).

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