Dimethyl Ether Market, Overview, Trends, Share, Analysis, Forecast to 2030

Dimethyl Ether (DME) Market Overview

Dimethyl Ether (DME) is gathering momentum as an environment-friendly material. It has drawn significant commercial interest in recent years. Minimum or zero afterburn residue of DME makes it a highly marketable material. Market Research Future (MRFR’s) reports that the global DME market will exhibit a sound growth during the during 2017 to 2023.

In normal pressure and temperature, DME is present in gaseous form however at lower temperature it tends to change into liquid. The suitable chemical properties make DME easy to store and transport. Application of DME is growing is segments such as automotive, power generation and household. The product is gaining popularity owing to superior chemical and physical properties.

Market opportunities are also coming from it increasing use at an alternative fuel to LPG. Growing emphasis on use of eco-friendly fuel for combustion engines is partly driving the demand for dimethyl ether. In addition, growth of end-user verticals such as oil & gas and automotive is reflecting favourably on the global dimethyl ether market.

Dimethyl Ether (DME) Market Competition Analysis

Some of the leading companies operating in the global dimethyl ether industry include China Energy Limited (China), Mitsubishi Corporation (Japan), Ferrostaal GmbH (Germany), Jiutai Energy Group (China), Akzo Nobel N.V. (the Netherlands), Zagros Petrochemical Company (Iran), The Chemours Company (U.S.), Grillo Werke AG (Germany), Royal Dutch Shell plc (the Netherlands) and Oberon Fuels (U.S.)

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Global Dimethyl Ether Market: Segmental Analysis

The segmental analysis of the market has been conducted on basis of application, raw materials and regions. By application, the market has been segmented into, aerosol propellant, transportation fuel, liquefied natual gas (LPG) blending and others. On the basis of raw material, the market has been segmented into biomass, coal, natural gas and others.

Global Dimethyl Ether Market: Regional Analysis

On the basis of region, the market has been segmented into Latin America, Europe, the Middle East & Africa (MEA), North America and Asia Pacific (APAC). The market in APAC is expected to witness the fast expansion during the forecast period. The market growth in the region is expected to driven by the increasing demand for coatings & paints and growth of the construction sector in countries such as China and India. These countries present attractive market opportunities owing to rapid industrialization and urbanization. Europe represent a relatively smaller slice of the market in terms of revenue. Countries such as Germany, the U.K., Netherlands are among the major contributors to the Europe dimethyl ether (DME) market in terms of revenue. In Europe, DME demand is mainly concentrated. in the automotive sector. DME is primarily used as lacquer and paints in automotive manufacturing. In terms of value, North America holds the third position in the global dimethyl ether (DEM) market. North America is led the U.S. which boast a present of a established end-use sector such as chemicals, automotive and construction.

The MEA also represents a bright market for DME. During the forecast period, the MEA DME market is expected to exhibit a strong growth but from a lower base. Consistent efforts towards economic diversification in generating tremendous investor confidence in the region. In Latin America, countries such as Brazil, Chile and Colombia are expected to remain among the key market for DME during the forecast period. 

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Reflective Materials Market Analysis, Size, Share, Growth, Trends and Forecast 2030

Reflective Materials Market Overview

The global reflective materials market has been studied across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia-Pacific was the largest and fastest growing market for reflective materials in 2017. China and India are the major contributors to the growth of product in this region. Growing urbanization has given rise to traffic issues and constructional activities. Reflective materials are highly used as films on signboards in traffic and work zone to direct, warn, and guide travelers on highways and other roadways to prevent road accidents, especially during night and low light conditions. Furthermore, these materials are also used in textiles and automotive industries. The growing automotive industry in this region is another key driver for the market in this region. Hence, the Asia-Pacific market is expected to show strong growth during the forecast period.

North America held the second-largest share in terms of market size, in 2017. Reflective materials are used in automotive and construction segments, owing to the safety reasons during night time Besides, the product is also used in making apparels such as shirts, shoes, and belts. These factors have contributed to the growth of reflective materials market in this region. Thus, the North American market is projected to showcase remarkable growth in the forecast years.

Increasing demand for renewable energy sources in Europe, especially solar energy has boosted the demand for reflective materials. The use of reflective materials in solar panels has enhanced the effectivity and the efficiency of these panels. This factor has increased the growth of reflective materials market in this region. Hence, the European market is expected to show considerable growth in the coming years.

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Reflective Materials Market Segmentation:

Global reflective materials market report has been segmented on the basis of technology, product type, application, and region.

The global reflective materials industry has been divided into microprismatic and glass and ceramic beads technology, based on technology.

By product type, global reflective materials market size has been segregated into films, sheets and tapes, paints, coatings, and fabric.

On the basis of application, global reflective materials market has been split into traffic and work zone, personal safety, construction, automotive, solar panels, and others.

Reflective Materials Market Key Players:

3M (US), Reflomax (South Korea), Avery Dennison (US), Dominic Optical (China), Coats Group (UK), Asian Paints PPG (India), Orafol (Germany), Nippon Carbide Industries (Japan), Changzhou Hua R Shang Reflective Material (China), and Paiho Group (Taiwan) are some of the major players in the global reflective materials market.

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Purified Terephthalic Acid Market, Global Industry Share, Growth, Overview and Analysis 2030

Overview

Purified terephthalic acid (PTA) is derived in a white physical form or crystalline powder and is inert in nature. PTA is aromatic in nature with significant use in the production of polyester fibers and films. The primary raw ingredient for purified terephthalic acid (PTA) is paraxylene. It is commercially produced through the oxidation of PX to form terephthalic acid (TA), which is then purified to derive purified terephthalic acid (PTA). Purified terephthalic acid has the properties of resistance to chemicals and weathering and insulation. It is widely used as a raw material for various chemicals such as cyclohexane di-methanol, terephthaloyl chloride, copolyesterether elastomers, and plasticizers.

MRFR, in their latest analysis, the global purified terephthalic acid industry is driven by various factors through the forecast period. Some of the factors contributing to the positive ascension observed in the global PTA market include rapid industrialization with PTA’s application in the manufacture of conveyor belts and meshing in several industries and a mounting demand for powder coatings made from purified terephthalic acid which are solvent free and environment friendly.

Purified Terephthalic Acid (PTA) Market Segmentation

The purified terephthalic acid (PTA) market trends, as per MRFR report, is segmented on the basis of application, end-use industries, and region. Based on application, the global PTA market is segmented into polyester fiber, polyester films, pet resin, powder coatings, industrial machinery, and insulation materials. Based on end-use industry, the global purified terephthalic acid market is segmented into paints & coatings, food & beverages, textiles, electrical, and furniture.

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Purified Terephthalic Acid (PTA) Market Regional Analysis

The global purified terephthalic acid market report is regionally segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Among these segments, the Middle East & Africa segment is anticipated to grow at the highest CAGR the global purified terephthalic acid (PTA) market through the forecast period. Such growth can be attributed to the rapidly growing food & beverages industry in the region.

Asia Pacific is assessed to emerge as a market leader for purified terephthalic acid through the forecast period. The APAC is trailed by North America and then Europe, both regions garnering second and third highest shares in the PTA market, respectively. North America is anticipated to exhibit tremendous growth due to a high polyester fiber consumption potential in the region. Such a high polyester consumption is a result of the increasing use of the same in industrial machinery, snowballing paints & coatings production capacities, and a rising economic growth rate. The U.S. is likely to be one of the most significant contributors in the regional growth of the purified terephthalic acid market during the forecast period.

Purified Terephthalic Acid (PTA) Market Key Players

Some of the noteworthy players in the purified terephthalic acid market, as profiled by MRFR, include Alpek S.A.B. de C.V. (Mexico), Reliance Industries Limited (India), BP p.l.c. (U.K), The Dow Chemical Company (U.S.), Mitsubishi Chemical Corporation (Japan), E. I. du Pont de Nemours and Company (U.S.), China Petroleum & Chemical Corporation (China), Eastman Chemical Company (U.S.), SABIC (Saudi Arabia), and Indian Oil Corporation Ltd (India).

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Electronic Chemicals Market Analysis, Size, Share, Growth, Trends and Forecast 2030

Electronic Chemicals Market Overview

Electronic chemicals are primarily used for cleaning electronic devices. Electronic devices require high-purity electronic chemicals to optimize performance. These materials can remove minute impurities of semiconductor wafers. The increase in production and demand for various electronic products over the past few years drives the electronic chemicals market globally.

Besides, the rising integration of robots and automation in the proliferating industrial sector has been fuelling the market demand for electronic chemicals. Electronic chemicals also find major applications in machine motion control and sensor & vision components to ensure optimal performance. Therefore, the growth of the industrial sector defines the growing landscape of the electrical chemicals market.

A leading research firm, Market Research Future (MRFR), asserts that the electronic chemicals type market trends is expected to ascend further by 2024. According to MRFR, valuation of the global electronic chemicals market, which had reached to USD 20 BN in 2016, would appreciate at around 6.1% CAGR during the anticipated period (2019 – 2024). The market proliferation of smartphones and other wearable devices worldwide acts as a significant growth driver.

Additionally, factors such as the growing digitization, rapid industrialization, and economic development would foster the growth of the market. Furthermore, rising usages of electronic chemicals in the manufacturing of semiconductors, printed circuit boards, and lithium-ion batteries & battery pack assemblies would substantiate the growth of the market.

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Electronic Chemicals Market – Regional Analysis

The Asia Pacific region is forecasted to continue its dominance over the global COVID-19 analysis on electronic chemicals market report. Owing to the high production and demand for electronic goods in countries, such as China, Japan, South Korea, and Malaysia, the region accounts for a significant market share. Besides, economic development and rise in disposable income in the region fuel the market growth, driving the electronics industry, colossally. Additionally, the market penetration of smartphones and other wearable electronics, alongside the developments of high-tech gadgets and auto electronics, drive the APAC electronic chemicals market.

North America stands second in the global electronic chemicals industry. The regional market is predominantly driven by the high demand for smart devices and technological advancements. Rising consumer preference for fitness & wellness devices and smartwatches impacts the regional market growth, positively. Furthermore, the growing demand for electronic chemicals in the advanced electronics and telecommunication industry propels the growth of the market.

Witnessing the increase in demand for consumer electronics such as smartphones and laptops, the North American electronic chemicals market is projected to register healthy growth throughout the forecast period.

Electronic Chemicals Market – Competitive Analysis

Characterized by the presence of many major players, the electronic chemicals market share appears to be highly competitive. To gain a substantially larger share in the market, these well-established players incorporate strategies such as mergers & acquisitions, collaborations, expansion, and technology launch. Managing the supply of cost-competitive raw materials remains a top priority for manufacturers. To cope-up with the pricing fluctuations, many firms seek new ways to mitigate risks associated with raw materials instability.

Electronic chemicals Market Major Players:

Players leading the global electronic chemicals market, include Honeywell International Inc. (US), Air Liquide (France), Eastman Chemical Company (US), Heraeus Group (Germany), Transene Company, Inc. (US), Air Products and Chemicals, Inc. (US), Huntsman Corporation (US), BASF SE (Germany), Linde AG (Ireland), Nagase & Co., Ltd (Japan), Solvay (Belgium), and Praxair Technology, Inc. (UK).

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Aluminum Oxide Market Overview, Demand, Global Industry Share, Analysis and Growth 2030

Aluminum Oxide Market

The global aluminum oxide market is expected to exhibit a strong 6.68% CAGR over the forecast period from 2019 to 2030, according to the latest research report from Market Research Future (MRFR). The global aluminum oxide market is expected to reach a valuation of USD 70,511.7 million by 2030, according to the report from MRFR. The report contains a detailed profile on the global aluminum oxide market, including a study of the market’s leading drivers and restraints and major player. The economic environment of the aluminum oxide market is also assessed in the report to provide context to the driver and restraint analysis.

Aluminum oxide, also known as alumina, has widespread industrial usage, including in electronics, manufacturing, medical, and pharmaceuticals. The material is one of the most abundant on earth and is widely mined in various forms. Growing demand for rechargeable batteries is a major end-use avenue for the aluminum oxide market, as the demand for rechargeable batteries is likely to increase in the coming years due to the increasing demand for electric power in various sectors.

Growing demand from the construction industry is also likely to remain a major driver for the aluminum oxide market due to the growing prospects of the industry in developing Asia Pacific markets. Growing residential as well as infrastructural construction has driven the demand for aluminum oxide in Asia Pacific, making it a leading regional market for aluminum oxide. Aluminum oxide is also used in personal care products such as sun care creams and body lotions. This is also likely to be a major driver for the global aluminum oxide market.

Aluminum Oxide Market Competitive Analysis:

Leading players in the global aluminum oxide market include American Elements, Choice Organochem LLP, Illinois Valley Minerals LLC, Washington Mills, Tirupati Industries (India) Ltd., Almatis GmbH, Rusal, Cabot Corporation, Morgan Advanced Materials plc, and Sasol Limited. A detailed review of the competitive landscape of the aluminum oxide market is provided in the report with detailed profiles of the leading players. Their competitive strategies are also examined in the report, providing readers a comprehensive overview of the competitive landscape of the market.

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Aluminum Oxide Market Segmentation:

The global aluminum oxide market is segmented on the basis of structural form, end use, purity, and region.

The global aluminum oxide market is segmented into nanoparticles, powder, pellets, tablets, and sputtering targets. The powder form is likely to dominate the global aluminum oxide market over the forecast period due to its easy usability and transportability.

By end use, the global aluminum oxide market is segmented into electronics, industrial manufacturing, medical, pharmaceutical, and others. The electronics segment is expected to hold a dominant share in the global aluminum oxide market due to the widespread use of aluminum oxide in lithium-ion batteries, hybrid cars, photovoltaic cells, LED lighting, and more. The segment accounted for 53.5% of the global aluminum oxide market in 2018 and is expected to register a strong 6.76% CAGR over the forecast period.

By purity, the global aluminum oxide market is segmented into 2N, 3N, 4N, 5N, and 6N, with the highest 6N aluminum oxide having the highest purity of 99.9999%. The 4N segment accounts for the dominant share in the global aluminum oxide market, holding 47.9% of the market in 2018. The widespread use of 4N aluminum oxide in pharmaceutical applications is likely to be a key driver for the global aluminum oxide market.

Aluminum Oxide Market Regional Analysis:

Asia Pacific is the major revenue generator in the global aluminum oxide market, with the region accounting for more than 50% of the global market in 2018 and projected to exhibit a 7.21% CAGR over the forecast period. Rapid industrialization in the region has been a major driver for the aluminum oxide market. China is the regional leader and is expected to grow at a strong 7.83% over the forecast period.

North America is the second largest regional market for aluminum oxide, followed by Europe.

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Styrene-Butadiene Rubber Market Analysis, Size, Share, Growth, Trends and Forecast 2030

Styrene Butadiene Rubber Market Overview:

Styrene Butadiene Rubber (SBR) is the highest volume general purpose synthetic rubber. It can be used in similar applications as NR / IR elastomers, except in severe dynamic application due to the inferior fatigue resistance. Typical applications include drive couplings, haul-off pads, conveyor belts, shoe soles and heels, adhesives, roll coverings and car tires (but not truck tires) and various other molded rubber goods. The typical working temperature range is -25°C to +100°C for static sealing.

Some of the prominent factors that positively influence the growth of market are increasing automobile production, rising demand for electric cables insulation, and increasing urbanization. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2017 to 2023. High adoption rate along with the increasing consumption of SBR based adhesives & sealants in the construction industry. Moreover, continuous expansion of automotive sector as well as shifting manufacturers focus towards cost effective vehicles are estimated to fuel the growth of the market during the review period, 2017 to 2023.

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Styrene Butadiene Rubber Market Key Players

Some of the prominent players in the styrene butadiene rubber industry are China Petroleum & Chemical Corporation (China), KUMHO PETROCHEMICAL (South Korea), LANXESS (Germany), JSR Corporation (Japan), Trinseo (U.S.), Sibur Holding PAO (Russia), Michelin Corporation (France), Bridgestone Corporation (Japan), Reliance Industries Limited (India), and Versalis S.p.A. (Italy), among others.

Styrene Butadiene Rubber Market Regional Analysis

The Middle East & Africa is estimated to be the largest SBR market followed by North America and Europe due to strong existence of construction projects. In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for SBR in tires manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for SBR, and is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of electrical industry is predicted to contribute to the regional market growth. In North America, U.S and Mexico are among the major contributors in the regional market growth due to expansion of offshore and onshore activities as well as increasing innovations is expected to bridge the demand gap for SBR raw materials. In Latin America, Mexico is expected to register strong growth due to robust presence of automobile manufacturers.

Styrene Butadiene Rubber Market Segmentation

The global styrene butadiene rubber market report is segmented on the basis of type, end use, and region. Based on the type, the market is segmented into emulsion styrene butadiene rubber, and solution styrene butadiene rubber. On the basis of the end user, the market is segmented into automotive, construction, industrial, adhesives & sealants, footwear making, electrical & electronics, and others. Geographically, the global styrene butadiene rubber market is segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and Latin America. Among them, Asia Pacific is estimated to grow at the highest CAGR during the forecast period

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Plasticizers Market, Global Industry Share, Growth, Overview and Analysis 2030

Plasticizers Market Overview

Market research future will be publishing a cooked research report on Global Plasticizers Market that contains the information from 2016 to 2022Global Plasticizers Market is expected to grow with the CAGR 2.2% of more than from 2016 to 2022, and with this it is predictable to cross USD 18,500 Million by 2022.

Plasticizers are organic ester additives, which are added to polymers to enrich the performance of the polymeric material, by enhancing various properties such as, flexibility, diffusivity, heat resistance, stability and toughness. Phthalate plasticizer represented about 85% of the global plasticizer market report. The growth of automotive and chemical among other industries in the developing markets is anticipated to further augment the demand for plasticizers.

Plasticizers are widely used as additives in PVCs. They are used in PVC resins, PVC cables, vinyl flooring, wire jacketing, automobile parts etc. The use of plasticizers for residential applications such as, flooring, wall coverings and roofing membranes is further attributed to the growth of plasticizers market in the near future. However, the regulations prohibiting the use of phthalate plasticizers in the developed nations is restricting the growth of plasticizers market in the developed nations. Inclination towards bio-plasticizers is also anticipated to hamper the growth of global plasticizers industry during the forecast period.

Plasticizers Market Segment analysis:

Plasticizers market growth as type and application is segmented into by type: Phthalates, Adipates, Trimellitates, Epoxy, Polymerics and Phosphates and by application flooring, wall coverings, roofing membranes, electric wires & cables, automotive, medical devices & others. Plasticizers such as phthalates is anticipated to have considerable demand over the forecast period, owing to its demand in the automotive industry, building & construction along with its huge consumption in PVC products. Adipates plasticizers is followed by phthalates, owing to its use in adhesives and sealants. The key driver for plasticizer are the cumulative growth of industrial sector in the developing nations, along with the increased spending of consumers in the region. However, environmental regulations and availability of substitutes for plasticizers is anticipated to hamper the plasticizer market growth

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Asia pacific has dominated Plasticizers Market in 2016

Asia Pacific dominated the market for global plasticizers market value and registered a considerable CAGR in 2016. The market has been growing due to various growing manufacturing sector namely, automotive, medical devices, chemicals and consumer goods. Among the countries in Asia Pacific, China dominated the market for plasticizers in terms of value and volume in 2016, and it is anticipated to dominate in the fore coming years. 

Developed markets such as North America and Europe plasticizers markets witnessed sluggish growth and consumption due to the stringent regulations for use of phthalate plasticizers in the region along with the customer inclination towards bio-plasticizers are some of the factors attributed to the sluggish growth of plasticizers market in these regions.

Polyvinyl Chloride Market Key Players

Leading players profiled in the polyvinyl chloride market report include I. du Pont de Nemours and Company (US), Xinjiang Zhongtai Chemical Co., Ltd. (China), Vinnolit GmbH & Co. KG (Germany), Kem One SAS (France), Mexichem, S.A.B. de C.V. (Mexico), Axiall Corporation (US), Occidental Petroleum Corporation (US), Ineos Group Limited (UK), Shin-Etsu Chemical Co., Ltd. (Japan), and Formosa Plastics Corporation (Taiwan). Key players are incorporating several strategies to strengthen their position in the market, such as product launches and innovations, expansions, research and development, partnerships, collaborations, and more. 

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Polyvinyl Chloride Market Demand, Application, Growth, Overview, Share, Forecast 2030

Polyvinyl Chloride Market Analysis 

 The global polyvinyl chloride market is predicted to touch USD 72.0 billion at a 4.5% CAGR over the forecast period (2019-2025), states the latest Market Research Future (MRFR) report. Polyvinyl chloride or PVC is basically a synthetic resin that is created from vinyl chloride polymerization. It is highly preferred over traditional materials, which include wood, copper, or iron in several profile applications owing to multiple benefits, alluring features, and operational efficiencies. PVC can be made soft and flexible with the addition of phthalates and plasticizers. In the soft and flexible form, it is used in inflatable products, plumbing, electrical cable insulation, and some applications that can replace rubber. 

PVC has an extensive range of applications including plasticizers, healthcare, clothing, furniture, construction, and others. Today it exists in a plethora of consumer products which includes packaging, cling films, credit cards, bottles, and others. It is also used in several construction materials such as wallpaper, flooring, cables, pipes, window frames, to name a few. Due to its water resistance, durability, and affordability, PVC is ideal for shower curtains, boots, and raincoats. 

Various factors are propelling the polyvinyl chloride market report. Some of these factors, according to the Market Research Future report, include burgeoning demand for polyvinyl chloride in the automotive and construction industries, rapid growth in consumer goods and packaging, and rising applications in the healthcare domain. 

On the contrary, the shortage in feedstock supply owing to the rise in the price of different products and closing down of facilities is likely to hamper the polyvinyl chloride market growth over the forecast period. 

Polyvinyl Chloride Market Segmentation 

 The MRFR report offers a wide segmental analysis of the  polyvinyl chloride market on the basis of end use, type, and application. 

Based on type, the polyvinyl chloride industry is segmented into flexible and rigid. 

Based on application, the polyvinyl chloride market is segmented into cables, bottles, firms and sheets, tubes and profiles, pipes and fittings, and others. 

Based on end use, the polyvinyl chloride market is segmented into automotive, construction, consumer goods, packaging, and others. 

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Polyvinyl Chloride Market Regional Analysis

By region, the global polyvinyl chloride market report covers the latest trends and growth opportunities across the Asia Pacific, North America, Europe, and the Middle East and Africa. Of these, the APAC region will spearhead the market over the forecast period. This is owing to expanding residential properties and numerous electrifying villages, towns, and cities. China is a key contributor in this region as it is the biggest worldwide producer and consumer of polyvinyl chloride. 

The polyvinyl chloride market in North America will have the second-largest share in the market over the forecast period. This is owing to the region’s growing construction industry. The US is the key contributor in this region. 

Polyvinyl Chloride Market Key Players

Leading players profiled in the polyvinyl chloride market report include I. du Pont de Nemours and Company (US), Xinjiang Zhongtai Chemical Co., Ltd. (China), Vinnolit GmbH & Co. KG (Germany), Kem One SAS (France), Mexichem, S.A.B. de C.V. (Mexico), Axiall Corporation (US), Occidental Petroleum Corporation (US), Ineos Group Limited (UK), Shin-Etsu Chemical Co., Ltd. (Japan), and Formosa Plastics Corporation (Taiwan). Key players are incorporating several strategies to strengthen their position in the market, such as product launches and innovations, expansions, research and development, partnerships, collaborations, and more. 

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High Temperature Insulation Market, Overview, Trends, Share,Analysis, Forecast to 2030

High Temperature Insulation Market Overview

High temperature insulation (HTI) is used in temperature intensive applications to minimize heat transfer. It is also used to reduce greenhouse gas emissions and in everything that reduces global warming. The global high temperature insulation market is estimated to garner a market revenue of USD 5.16 Billion by the end of 2022, according to the recently published report by Market Research Future (MRFR).

There are many factors fueling growth in the global high temperature insulation market share. Some of these market drivers include strong energy codes and utilities savings. Further, a wide scope of application of HTI products, ranging from project and maintenance work in refineries to petrochemical & gas processing plants are contributing heavily to the ascension of the HTI market. Rising demand for high temperature insulations in other end-user industries is causative of a speedy upscaling in the growth chart of the global  high temperature insulation market. These end-user industries include aerospace, fire protection, automotive, as well as solar applications.

The report published by Market Research Future (MRFR) also states that the global high temperature insulation industry is likely to capture a lucrative CAGR of 11.4% through the assessment period. Increasing demand for energy savings in order to lower manufacturing costs and environmental concerns are identified as significant contributors to the growth observed in the global high temperature insulation market during the forecast period. Additionally, obligatory stringent regulations laid by the government for energy conservation across various sectors has pushed the HTI market to a great extent. Availability of HTI products in the form of blankets, insulating bricks and board has provided a great impetus to the growth of the high temperature insulation market report in the foreseeable future.

Even though the global market is anticipated to garner lucrative growth throughout the forecast period, there are many factors obstructing that growth to a certain extent. Carcinogenic content found in high temperature insulation materials is one of the most significant factors acting as a hindrance to the market growth.

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High Temperature Insulation Market Detailed Regional Analysis

The global high temperature market forecast has been regionally segmented into Asia Pacific, North America, Europe, and Rest of the World. According to the market research report published by MRFR, the global high temperature insulation market is led by Asia Pacific during the forecast period. Factors accrediting to the growth in this region include a presence of diverse end-user markets ranging from petrochemicals, glass, aluminum, ceramics, cement to iron & steel, powder metallurgy, and refractory. Other than that, the growing GDP in some of the emerging economies present in the region such as China and India, coupled with the emerging industrialization is bolstering growth in the HTI market in Asia Pacific. Growing production and industrial bases have led to an increased necessity to save energy and reduce greenhouse gas emissions, causing an upsurge in the demand for high temperature insulation materials through the assessment period.

Latin America is estimated to follow Asia Pacific and capture the second largest share in the global HTI market. In Contrast, North America and Europe are expected to showcase sluggish growth during the forecast period. Slow market growth in these regions can be owed to a high saturation level that the HTI products have reached.

High Temperature Insulation Market Key Players

The global HTI market has many noteworthy market players including ADL Insulflex Inc, 3M Company, Almatic GmbH, Insulcon Group, Hi-Temp Insulation Inc., Isolite Insulating Products Company Ltd, Promat International NV, Dyson Group, Pacor Inc., and Cellaris Ltd. 

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Calcium Nitrate Market Overview, Demand, Global Industry Share, Analysis and Growth 2030

Calcium Nitrate Market Synopsis

Calcium nitrate Ca(NO3)2, an inorganic compound, is also referred to as double salt and Norwegian saltpeter. It is an odorless compound which varies from white to gray and comes in granular form. It is highly soluble in water, highly hygroscopic and acts as an oxidizing agent. This compound is a colorless salt which absorbs moisture from the atmosphere and is found as tetrahydrate. Calcium nitrate breaks down upon heating and releases nitrogen dioxide. This compound exists in several forms such as a mineral in nitrocalcite. Other related salts comprise calcium potassium nitrate decahydrate and calcium ammonium nitrate. According to a new report by Market Research Future (MRFR), the market is expected a significant growth during the forecasted period.

An inorganic compound, Calcium nitrate is produced by applying nitric acid to limestone and is then treated with ammonia. Calcium nitrate is used in making explosives and as nitrogen fertilizer in the agriculture industry. It is also used in treating wastewater by eliminating the sulfate compound odor from water. Calcium nitrate is marketed for emulsion explosive for blasting in tunneling activities, quarries, and road construction.

Calcium Nitrate Market Drivers and Restraints

With the rising global population, the growth of calcium nitrate industry is positively impacted, owing to the growing trend for enforcing eco-friendly fertilizer technology and rising demand for food across the world. The Food and Agriculture Organization of the US has analyzed that farmland productivity will rise by approximately 15 % in the years to come to support food consumption globally. The nitrogenous calcium nitrate fertilizers are used in oilseeds and grains for the increasing production of corn, wheat and soyabean globally. Strict government mandates regarding wastewater treatment disposal in developed and developing areas shall boost the calcium nitrate market growth. Also, calcium nitrate which is used as admixtures for the production of concrete is expected to elevate the demand for calcium nitrate market globally.

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Global Calcium Nitrate Market Segmentation

The global market for calcium nitrate market overview can be segmented by application, process, and region.

The market can be segmented into reacting ammonium nitrate with calcium hydroxide, reacting phosphate rock with nitric acid, and reacting limestone with nitric acid based on the type of process.

The market can be segmented into fertilizers, explosives, concrete admixture, wastewater treatment, and others based on application. Among them, fertilizers shall witness more market growth over the forecast period. Product based fertilizers contain calcium and nitrogen which are vital for the plants to absorb important nutrients from the soil and helps in preventing leaf spot diseases. Also, flowering plants retain their flowers for a considerable amount of time with the addition of these fertilizers.

The market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America based on region.

Calcium Nitrate Market Regional Analysis

Asia Pacific is leading the global market for calcium nitrate followed by North America and Europe. Asia Pacific is emerging as a prominent market for wastewater treatment and fertilizers. Due to urbanization and industrialization, water quality is becoming an important issue in this region. Treating both municipal corporation water and industrial water is rising, which is strengthening the market. Moreover, due to rise in population specifically in India and China, the demand for food is increasing. Fertilizers are used to improve the productivity and quality of crops, thereby propelling the calcium nitrate market.

With the increasing budget in defense in North America, the market in the explosive application is also expected to boom during the forecast period. Europe holds 45 % of the total calcium nitrate consumption in terms of fertilizers application. The renovation sector in Europe is also expected to witness a stronger growth which will drive the market in concrete admixture application.

Competition Analysis

Some of the prominent players operating the calcium nitrate market are ADOB, Nutrien Ltd., Yara International, Sterling Chemicals., GFS Chemicals, Inc. and more.

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