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Ethylene Market Size

Competitive Analysis

Some of the well-known players operating in the global ethylene market are SABIC (Saudi Arabia), DowDuPont (U.S), Exxon Mobil Corporation (U.S.), Royal Dutch Shell plc (the Netherlands), China Petrochemical Corporation (China), Total SA (Italy), Chevron Phillips Chemical Company (U.S.), LyondellBasell Industries Holdings B.V. (the Netherlands), National Petrochemical Company (Iran), and Ineos (Switzerland), among others.

Segmentation

The global Ethylene Market Size is segmented into application and end-use.

On the basis of the application, the market is further classified into polyethylene, ethylene oxide, ethylene benzene, and ethylene dichloride segments.

On the basis of the end-use, the market is subdivided into packaging, automotive, construction, agrochemical, textile, and others.

Ethylene is a hydrocarbon gas which possesses a sweet smell and imparts corrosion and abrasion resistance features to the final product. Owing to these factors, they are used in the heavy end industries such as packaging, automotive, construction, agrochemical, textile, and others. The global ethylene market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the global market and is projected to continue leading, owing to the increasing consumption of plastics in packaging, automotive, construction, agrochemical, textile, and others. It is estimated that the packaging segment is set to observe the highest CAGR in the market due to growing use of thermoplastics in containers, molded bottles, and other applications. The increasing demand for lightweight materials in construction & buildings, aviation sectors have propelled the market to witness a rapid growth during the forecast period. These factors led to China, Japan and India to be the leading players in this region.

The North American market is expected to grow at a higher CAGR due to extensive consumption of humid resistant plastics in construction & buildings, automobile sectors, and others. The growing replacement of heavy metals by polymers is projected to fuel the market in the coming years. The U.S., Canada, and Mexico have achieved a significant stage in the market due to rising per capita income and high disposable income in the end-use industries. Therefore, the growing demand for ethylene in automotive and aerospace sectors is estimated to drive the market during the forecast period.

A notable development is achieved in Europe due to the growing demand for thermoplastics in construction & buildings, packaging, textiles, and other industries. These materials are used to improve the features and the standard of the product. Moreover, the growing innovation and technological advancement have propelled the market to witness a higher growth. Owing to these factors, countries such as Germany, the U.K., and Italy are the major contributors to this market.

A considerable development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to the growing consumption of thermoplastics in construction and buildings, automotive aerospace and energy sectors. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing demand for low-density materials in major industries.

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COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market

COVID-19 Impact on 3D Printing Materials Market

COVID-19 Outbreak Impact on Carbon black Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Carboxylic Acid Market 

Carboxylic acid refers to a homologous series containing compounds with at least one carboxyl functional group. Being polar in nature, carboxylic acids can participate in hydrogen bonding, owing to which they are widely used in the production of polymers, pharmaceuticals, food additives, and other industrial applications. The esters of carboxylic acids are extensively used in the manufacturing of perfumes due to their strong odor.

According to MRFR analysis, the global Carboxylic Acid Market was valued at over USD 14 billion in 2018 and is projected to register a CAGR of 5.3% during the forecast period.

The product segments analyzed under the scope of the global carboxylic acid market are acetic acid, formic acid, valeric acid, citric acid, stearic acid, ascorbic acid, azelaic acid, caproic acid, benzoic acid, and others. The acetic acid segment accounted for the largest market share in 2018 owing to its growing use in the production of chemical intermediates in the textile, rubber, and polymer industries. Carboxylic acid derivatives prevalently ascorbic acid, azelaic acid, and aldobionic acids are expected to register the highest CAGR during the forecast period owing their growing use in the production of anti-ageing and antioxidant skincare products.

The end use segments of the global carboxylic acid market are food & beverages, animal feed, pharmaceuticals, rubber, chemicals, consumer goods, agrochemicals, and others. The food & beverage segment is expected to dominate the global market during the review period owing to the increasing use of carboxylic acid derivatives in the production of food products, for instance, the use of acetic acid in the production of vinegar. The animal feed is likely to be the fastest-growing segment in the coming years owing to the high demand for organic acids such as lactic acid, butyric acid, and others as dietary acidifiers in monogastric animals. According to the United Nations Food and Agriculture Organization (FAO), the demand for food is expected to grow by 60% by 2050 and the production of animal proteins is expected to grow by 1.7% per year, which is expected to propel the demand for carboxylic acids.

Regional Analysis

The global carboxylic acid market has been analyzed across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia-Pacific market dominated the global market and is likely to register the highest CAGR in the coming years owing to growing industrialization in the region. China accounted for the largest market share in 2018 owing to the increasing application of carboxylic acids derivatives in the food & beverage industry such as in the production of cheese, vinegar, juices, and others. India, Malaysia, and South Korea are the other contributors to the regional market growth.

North America accounted for a substantial market share in 2018 and is expected to register a significant CAGR during the forecast period owing to the rising demand for carboxylic acids among the various end-use industries such as pharmaceutical, perfume, and food & beverage.

Europe is expected to register a considerable CAGR owing to the wide use of carboxylic acids derivatives in the production of cosmetic products.

Latin America and the Middle East & Africa are expected to witness substantial growth during the forecast period owing to rising industrialization and growing per capita disposable income in the regions.

Competitive Analysis

Celanese Corporation (US), Blue Marble Biomaterials(US), Perstorp (Sweden), Alfa Aesar (US), LyondellBasell Industries Holdings B.V. (US), Hydrite Chemical (US), OXEA GmbH (Germany), BASF SE (Germany), Eastman Chemical Company (US), Dow (US), Pacific Oleochemicals Sdn Bhd (Malaysia), Jiangsu SOPO (Group) Co., Ltd (China), FINETECH INDUSTRY LIMITED (UK), and Snowco industrial Co., Ltd (China).

Market Segmentation

Based on product, the global market is classified into acetic acid, ascorbic acid, azelaic acid, formic acid, valeric acid, citric acid, stearic acid, caproic acid, benzoic acid, and others.

By end use, the global market has been divided into food & beverages, aromas, animal feed, pharmaceuticals, agrochemicals, and others.

North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are the regions analyzed under the scope of the report

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COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market

COVID-19 Impact on 3D Printing Materials Market

COVID-19 Outbreak Impact on Carbon black Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Ceramic Armor Materials Industry

The growth of the market is primarily driven by the extensive use of ceramic matrix composites (CMCs) in major end-use industries such as aerospace and vehicles armor. Ceramic matrix composites are extensively used in the manufacturing of armors used in the aerospace industry. CMCs offer excellent wear and corrosion resistance in a wide range of environments and temperatures, high strength-to-weight ratio, high strength retention at elevated temperatures, high chemical stability, and hardness, as well as lightweight. These materials are strong and weigh one-third as metals and can operate at 2,400°Fahrenheit, i.e., 500° higher than the most advanced alloys. The ability of CMCs to withstand high temperature enables the jet engine to operate in extreme temperatures, which makes it suitable for use as an armor product.

The Global Ceramic Armor Materials Industry is expected to reach USD 280 Billion in 2025 exhibiting a CAGR of 7.65% during the forecast period.

Increasing demand for ballistic ceramic materials in fuel-efficient and lightweight military aircraft for counterterrorism and homeland security purpose is a key factor projected to boost the demand for the ceramic armor materials. For instance, the US Geological Survey reported that the global aircraft fleet is projected to double over the next 20 years. According to the Bureau of the Census, US Department of Commerce, and Foreign Trade Division, the total US aerospace exports stood at USD 150.61 billion by the end of 2018, which was around 143.17 billion in 2017. The five major destinations for the US aerospace exports in 2018 were China, France, the UK, Canada, and Germany. Thus, the growth of the aerospace armor is expected to increase the demand for CMCs and drive the growth of the global ceramic armor materials market during the forecast period.

Market Segmentation

Based on material, the global market has been segmented into boron carbide, silicon carbide, alumina, ceramic matrix composite, titanium boride, aluminum nitride, and others. By application body armor, aircraft armor, marine armor, vehicles armor, and others. The ceramic matrix composites segment is estimated to register a significant CAGR owing to the high demand in a wide range of applications. The body armor is projected to be the fastest-growing segment of the global ceramic armor material market.

Competitive Analysis

Some of the leading players operating in the global ceramic armor materials market are 3M (US), Saint-Gobain (France), BAE Systems (UK), CoorsTek, Inc (US), Axiom Materials, Inc (US), Morgan Advanced Materials PLC (UK), Ultramet (US), Safariland, LLC (US), Ceramtec (Germany), and CFC Carbon Co, Ltd (China), among others.

Regional Analysis

The North American ceramic armor material market is likely to exhibit remarkable growth owing to increasing spending on the defense sector by the government authorities. The region is witnessing an increase in the number of exports of defense products, i.e., boron carbide bulletproof vest, which is further propelling the demand for boron carbide body armor for manufacturing, during the forecast period. Europe market is led by UK aviation and defense industry, it is one of the largest exporters and manufacturers of defense products such as boron nitride armor and titanium boride armor, which is driving regional market growth. The Asia-Pacific market is likely to witness steady growth owing to rising threats of the terrorist attack in the region. The governments of countries such as India, China, and Japan are investing in the manufacturing of defense products to combat terrorist attack when needed, thus surging market growth.  

The Middle East & African and Latin American markets are likely to register healthy CAGRs during the forecast period.

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Impact of COVID-19 on Iso-Propyl Alcohol Market

Impact of COVID-19 on Steel Extruded Products Market

Coronavirus Outbreak and Plastic Films Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Canola Oil Market Size 

Increased demand of canola oil used in different segments including commercial and non-commercial purposes has uplifted the consumption of canola oil. Additionally, health benefits associated with the consumption is driving the growth of canola oil market globally. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Canola Oil Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period.

The use of canola oil has amplified over past few years. Canola oil is obtained from the seeds of rapeseed. Owing to high demand, the production has also augmented remarkably. A substantial portion of population is switching to this oil due to its health benefits, especially for cardiac ailments. It contains omega-3 and omega-6 fatty acids that are good for heart health. It is widely used in foods and beverages, production of biofuels, and oleo chemicals. Leading edible oil companies are focusing more on R&D in terms of product innovations. Canola oil is serving as better alternative to conventional edible oils which has extra fat and lipid content. Innovations and upgrading technology have been principle of the research wing. Through extensive research and techniques, the companies are developing oils with aided health benefits.

The amount of obese population and diseases such as hypertension, high blood cholesterol and other heart diseases due to high fat intake is increasing rapidly, which is a great concern among the growing population. This has intensified the demand for canola oil and low-fat replacements from several industries such as dairy, bakery, snacks & beverages, and others. Extensive investments are made in research and advanced technologies to enhance product range, and simultaneously provide new hybrids to meet the expanding market needs. Increasing popularity of canola oil in food products among the population is likely to surge the global canola oil market owing to high consumption of low-fat oil.

Global Canola Oil Market – Segments

The global Canola Oil Market Size has been divided into type, processing type, application, and region.

On the Basis of Type: Polish canola, Argentine canola, Brown mustard, and Canola

On the Basis of Processing Type: Refined, Modified, Hand Made, Crude, and Others

On the Basis of Application: Culinary, Processed foods, Lubricants, Personal care, Bio-diesel, and Others

On the Basis of Region: North America, Europe, Asia Pacific, and ROW

Latest Industry Updates

Aug 2017 Finlandia Cheese Inc., has added two new products in its range, spreadable butter with canola oil and 25% reduced-fat spreadable butter with canola oil. The butter is made with non-GMO canola oil. Strategic product launch will help in strengthening company’s business portfolio.

Oct 2016 MSM Milling, has launched its new canola oil brand “auzure”. The company also inaugurated its integrated canola oilseed processing unit for transforming canola seed. This will help the company to maximize its production capacity.

Sep 2016 Canadian Agro India, has launched its new product in the name of “Canapure canola cooking oil”. The company is highly inclined towards R&D activities. This initiative by the company will help to improve the quality of its product line.

Aug 2016 Cargill Inc., has expanded its canola research facility in Aberdeen, Saskatchewan. Strategic business expansion by the company will lead in specialty canola seed breeding. In addition, the company is investing high on new equipment and technology to produce high quality product.

Global Canola oil Market – Competitive Analysis

Manufacturers rely on rapeseed to extract canola oil. Canola oil contains Omega-3 and Omega-6 fatty acids as key components that support improved heart health. Market players in the oil industry have been investing on product development to cater the consumer needs. The strategic sales plan of canola oil manufacturers include product promotion in exhibitions & other platforms and also picking up right marketing strategies which will give out a clear message to the targeted audience.

The key players profiled in canola oil are Archer Daniels Midland Company (U.S.), Associated British Foods Plc. (U.K), Sunora Foods (Canada), Wilson’s Foods (South Africa), Jivo Wellness Pvt. Ltd. (India), Dalmia Continental Pvt. Ltd. (India), and Arla Foods (Denmark) among many others.

Global Canola oil Market – Regional Analysis

The global canola oil market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Among all of them, Europe is estimated to retain its dominance throughout the forecast period. Europe is amongst the leading producer of canola oil across the globe. Furthermore, in the Asia-Pacific region China is the second largest producer of canola oil. Additionally, Canada is amongst the largest exporting countries across the globe. Increasing consumption of canola oil is driving the market growth in the European region. Also, increasing cardiac ailments in the European countries has a positive influence on the overall sales of canola oil over the review period. In addition, Asia Pacific is also an attractive destination for the canola oil manufacturers during the forecast period

Browse Full Report @ https://www.marketresearchfuture.com/reports/canola-oil-market-2752

Impact of COVID-19 on Iso-Propyl Alcohol Market

Impact of COVID-19 on Steel Extruded Products Market

Coronavirus Outbreak and Plastic Films Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Silica Sand Market 

Silica is a chemical compound composed of silicon and oxygen in the ratio of 1:2, respectively. Silica sand is composed of granular materials that consist of quartz as the major component and a small amount of clay, coal, and other minerals. Industrial sand, over time, through the work of water and wind is weathered into tiny granules of sand.

The Silica Sand Market is projected to be valued at USD 14,718.2 Million and register a CAGR of 6.75% during the forecast period.

Moreover, it exhibits superior properties such as high thermal resistance, hardness, and chemical inertness which make it suitable for a diverse range of applications such as glassmaking, hydraulic fracturing, and water treatment, among others. Moreover, it is prominently used as a raw material in the manufacturing of flat glass, screen-printed glass, annealed glass, and tempered glass in various industries such as consumer electronics, automotive, chemicals, and construction.

The expanding glass industry is expected to be the major driver in the global silica sand market on account of increasing consumption of silica sand in glassmaking applications owing to its high thermal strength, high melting point, excellent refractoriness, and grain strength. In addition, the high demand for silica sand in the foundry industry for metal casting for both ferrous and non-ferrous alloys is further projected to augment the global market growth. Moreover, the growing construction industry in the developing countries of Asia-Pacific such as India and South-East Asian countries including Indonesia, Thailand, and Malaysia is likely to boost the global market growth for silica sand owing to its use in specialty cement, flooring compounds, and mortars.

However, the only bottleneck in a growth trajectory of the global silica sand market is the increasing concerns among the consumers regarding the potential health impacts of respirable crystalline silica (RCS). Moreover, stringent government regulations for sand mining used in fracking is likely to further hinder the global market growth in the coming years. Nevertheless, the rising shale gas exploration in the US and growing consumption in the oil & gas industry as a proppant is expected to create lucrative opportunities for the market players. Also, robust shale gas exploration in Asian countries such as China and Japan are further anticipated to provide immense opportunities to the silica sand producers during the forecast period.

Market Players

Market Research Future (MRFR) recognizes the following companies as the key players in the global silica sand market: U.S. Silica (US), Fairmount Santrol (US), Sibelco (Belgium), Toyota Tsusho Corporation (Japan), IMOSA (Spain), Emerge Energy Services (US), Badger Mining Corporation (Germany), Cairo Fresh for Minerals & Quarries Materials (Egypt), Tochu Corporation (Japan), Euroquarz GmbH (Germany), and American Elements (US).

Segment Analysis

The global silica sand market has been segmented based on mesh size, grade, process, application, and region. Based on mesh size, the <70 mesh segment witnessed the largest market share of 42.19% in 2018 and is likely to register the highest CAGR of 7.22% in the following years. This is due to the increasing utilization of <70 mesh silica sand in major applications such as glassmaking, hydraulic fracturing, construction, and water treatment. Also, it exhibits high grain strength, sphericity, better refractoriness, and high thermal strength.

By grade, the glass segment dominated the global silica sand market with a robust market share of 41.22% in 2018 and is estimated to register the highest CAGR of 7.33% during the assessment period. This is largely attributed to the bolstering demand for glass grade silica sand in the production of flat glass, annealed glass, and screen-printed glass in the automotive and construction industries. In addition, robust growth in the solar industry and rising consumption of glass panels is expected to augment the demand for global silica sand market.

On the basis of process, the dry silica sand segment accounted for the largest market share of 61.00% in 2018 and is further projected to grow at the highest CAGR of 7.18% in the coming years. This is majorly due to the easy handling of silica sand manufactured by this process. Also, less moisture and growing consumption of dry silica sand in glassmaking and hydraulic applications are further expected to propel the global market growth.

Based on application, the hydraulic fracturing application segment held the largest market share of 41.39% in 2018 and is projected to reach USD 10,180.7 million by 2024. It is widely used as a proppant in hydraulic fracturing in the shale gas and oil industry. The glass application segment is estimated to grow at the highest CAGR of 7.21% in the following years owing to the growing utilization of silica sand in glassmaking for automotive and construction industries.

Key Findings of the Study:

  • Global silica sand market is projected to reach over 4,24,908.9 KT by 2024 with a healthy CAGR of 5.72% during the assessment period of 2017—2024
  • The Asia-Pacific market accounted for the largest market share due to developments in the oil and gas industry, robust shale gas exploration, and significant growth of the construction industry in the economies such as India, Japan, South Korea, and China
  • The <70 mesh segment dominated the market with a market share of 19% in 2018 and is estimated to grow at a notable CAGR of 7.22% during the review period
  • The glass grade segment accounted for the largest market share of 22% in 2018 and is likely to register the highest CAGR of 7.33% during the forecast period
  • The dry silica sand process witnessed the largest market share of 00% in 2018 and is anticipated to exhibit a robust CAGR of 7.18% in the following years
  • The hydraulic fracturing application segment held the largest market share of 39% in 2018 and is expected to be valued at USD 10,180.7 million by the end of 2023

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/silica-sand-market-8216

Impact of COVID-19 on Iso-Propyl Alcohol Market

Impact of COVID-19 on Steel Extruded Products Market

Coronavirus Outbreak and Plastic Films Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Automotive Plastics Industry

Automotive plastics are used in the automobile industry owing to its excellent properties such as high tensile strength, abrasion resistance, vibration & noise control among others. It is extensively used in the electronic systems of automobiles and display panels, headliners, and load floors among others. The growth of automobile production across the globe is vitally affecting the growth of the automotive plastic market.

The global automotive plastic market is being driven by growing number of automobiles throughout the globe.  Moreover, it is estimated that the polypropylene (PP) is set to witness the highest growth due to the properties such as chemical & electrical resistance and light weight among others.

Market Segmentation

The global Automotive Plastic Industry is segmented into product type, application, and region. On the basis of the product type, the market is segregated into acrylonitrile butadiene styrene (ABS), polypropylene (PP), polyurethane (PU), polyvinyl chloride (PVC), polyethylene (PE), polycarbonate (PC), polymethyl methacrylate (PMMA), polyamide (PA) and others. The market by application is segmented into powertrains, electrical components, interior furnishings, exterior furnishings, under the hood components, chassis, and others.

Market Scenario:

The interior application segment is anticipated to observe a higher CAGR during the forecast period. The growing application in light displays, steering wheels, fascia systems, rear package shelves, and ABS composites among others are contributing to the growth of the segment. The growing per capita disposable income coupled with the shifting of the automotive manufacturing base into the developing regions are the major factors attributing to the growth of the market.

Regional Analysis:

The global automotive plastic market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at a considerably higher CAGR. The presence of the most populated countries of the world such as India and China in this region has augmented the demand for automobiles, which, in turn, is anticipated to fuel the demand for automotive plastic in the region. Moreover, the shifting of the automotive manufacturing base into the region owing to the availability of cheap labor and encouraging government regulations is also contributing to the growth of the market.

The European region is estimated to witness a significant growth during the forecast period. The increasing use of automotive plastic owing to the strict EU regulations is driving the market growth. The implementation of Euro 6 and Euro 7 guidelines is further adding to the market growth.

The North American automotive plastic market is mainly driven by the U.S. and Canada. The presence of the developed automobile industry and increasing adoption rate is contributing significantly to the growth of the market. Moreover, the increasing use of automotive plastic by the major automobile manufacturers especially in the highly advance electronics and sophisticated systems in the interiors of a luxury vehicle is further expected to surge the market growth.

Competitive Analysis:

Some of the prominent players operating in the global Automotive plastic market are AkzoNobel N.V (Netherland), BASF SE (Germany), Covestro AG (Germany), Evonik Industries (Germany), Johnson Controls (U.S.), Magna International (Canada), Momentive (U.S.)., SABIC (Saudi Arabia), The Dow Chemical Company (U.S.), and Teijin Ltd (Japan) among others.

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COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market

COVID-19 Impact on 3D Printing Materials Market

COVID-19 Outbreak Impact on Carbon black Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Polycaprolactone Market Share

The global polycaprolactone market is expected to witness significant growth during the forecast period owing to its extensive use in the production of thermoplastic polyurethane. Likewise, thermoplastic polyurethane is widely used in end-use industries such as construction, automotive, packaging, and electronics, and the growth of these industries across the globe is as a result expected to boost the demand for polycaprolactone and growth of the global market during the forecast period.

Market Segmentation

The global Polycaprolactone Market Share has been segmented based on form, production method, application, and region.

By form, the global market is segmented into pellets, nanosphere, and microsphere. Among these, the pellets are expected to be the leading segment in the global market as it becomes transparent and pliable as silly putty, after melting at nearly 140°C. Additionally, it can be shaped, re-melted, and reformed as well as can be cut, drilled, and filled after hardening. The pellets produced from polycaprolactone are extensively used in manufacturing of drug delivery systems as the pellets offer advantages such as enhancement of drug dissolution, ease of coating with desirable release characteristics—e.g., sustained, controlled, delayed, site-specific or pulsatile delivery of drug from coated pellets, uniform packing—and ease of capsule filling because of better flow properties due to its spherical shape.

On the basis of production method, the global market is divided into ring opening polymerization and polycondensation of carboxylic acid. The ring opening polymerization method is generally used in the production of polycaprolactone due to its ease of scale up, acceptable purity, and cost considerations. This process helps to produce polymers with the same or lower density than monomers.

Based on application, the global market has been segmented into thermoplastic polyurethane, healthcare, and others. The thermoplastic polyurethane segment dominated the market in 2018 owing to the high demand from major end-use industries such as construction, automotive, packaging, and electronics. The healthcare segment is expected to grow at a faster rate on account of high use of polycaprolactone in drug delivery system, suture, wound care & medical devices, dental and orthopedic implants, and others.

Regional Analysis

The global market has been segmented into five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia-Pacific market accounted for major market share in 2018, owing to the high demand for thermoplastic polyurethane in the construction, automotive, electronics, and packaging industries. The growth of the construction industry in the emerging economies such as India, Thailand, Malaysia, and South Korea is expected to fuel the demand for polycaprolactone for production of thermoplastic polyurethane. The increasing production and sale of automobiles is also expected to fuel the demand for the product in the region.

The North American market is projected to witness significant demand for the product due to increasing use of 3D printing for applications such as prosthetics and advanced prototyping in the healthcare industry. The growth of the European market is primarily driven by the high production and sale of automotive parts in the UK, France, and Russia. This drives the demand for thermoplastic polyurthane, which is expected to propel the demand for polycaprolactone during the review period.

Competitive Analysis

Some of the prominent players operating in the global polycaprolactone market are Perstorp Holding AB (Sweden), Daicel Corporation (Japan), Shenzhen Esun Industrial Co., Ltd (China), Corbion (the Netherlands), BASF SE (Germany), Merck KGaA (Germany), Polysciences, Inc. (US), Haihang Group (China), Shenzhen Polymtek Biomaterial Co., Ltd (China), and Durect Corporation (US).

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COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market

COVID-19 Impact on 3D Printing Materials Market

COVID-19 Outbreak Impact on Carbon black Market

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Durian Chocolate Market Size
The global durian chocolate market is expected to rise and touch a valuation of USD 654.5 million by 2023 with a 5.14% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their report has incorporated factors responsible for the popularity of the durian fruit. The various segments are analyzed in detail coupled with new formulations under development by chocolate manufacturers with durian at the center.
The durian chocolate market is set to boom due to the odd combination of the repugnant durian and rich taste of chocolate. The infamy of durian appealing to consumer tastes is likely to bode well for the market growth. Unique flavor of durian coupled with demand for end-use products is predicted to drive the market volume to 12,924.3 tons over the forecast period.  
The increasing demand for the fruit in Asia Pacific countries owing to its medicinal value is expected to hike the market growth. Its antioxidant properties coupled with fiber and vitamin-rich content in chocolates is projected to augur well for the durian chocolate demand till 2023. But the unpleasant odor emitted by the fruit has led to its restriction in public planes and can be detrimental to market growth.
Initiatives by various governments to legalize trade of durian is expected to favor the market growth. This is evident by the recent agreement between China and Malaysia which lets durian manufacturers direct access to Chinese regions.
Segmentation:
The Durian Chocolate Market Size is segmented by type and distribution channel. 
Based on the type, the durian chocolate market consists of 65% dark chocolate durian praline, 80% dark chocolate durian praline, and dark chocolate with crunchy pearls praline. Among them, 65% dark chocolate durian praline had 50.64% share, 80% dark chocolate durian praline (35.19%), and dark chocolate with crunchy pearls (14.17%) in 2018.
The 65% segment is projected to experience 4.91% CAGR and touch a value of 327.8 million by 2023. It can create a demand for 6,473.1 tons by 2023. It will continue to retain the dominant position in the durian chocolate market owing to rich blends of 65% dark chocolate and durian flavor. On the other hand, the 80% segment can reach a worth of USD 232.3 million by 2023 at a CAGR of 5.32% over the forecast period. This particular segment can accumulate a volume of 4,589.3 tons by 2023 at 2.73% CAGR during the assessment period.
On the basis of distribution channel, offline sale accounted for 72.05% share, while online sale accounted for 27.95% share in 2018. Offline sales are predicted to generate revenue close to USD 343.4 million by 2023, while online sales are deemed to create nearly USD 186.2 million by 2023.
Regional Analysis:
Geographical analysis of the global durian chocolate market includes North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Within the market, regions such as APAC (67.21%), North America (16.51%), Europe (13.55%), and RoW (2.73%) occupied the specified market shares respectively in 2018. The APAC durian chocolate market is predicted to be the dominating region and touted to generate close to USD 433.4 million by 2023. This can be attributed to major durian-producing countries such as Thailand, Malaysia, and Indonesia. High demand for durian and durian-based products is likely to boost regional sales. In addition, arrangement of durian festivals to create awareness among consumers can bode well for the total revenue of the durian chocolate market.
The North America region is expected to generate revenue worth USD 110.3 million by 2023. Factors attributed to the regional growth include consumer preference for dark chocolate in the U.S. and Canada and awareness of health benefits provided by frozen durian. The accumulated regional demand can reach 2,146.7 tons by 2023.
The Europe region is expected to enjoy a modest growth during the forecast period owing to certain restrictions imposed on the inflow of durian due to its pungent odor. But their availability in Chinese supermarkets in the region owing to its appealing taste enticing Asian citizens residing in the region. But demand for rich-tasting chocolates is likely to bolster the durian chocolate demand exponentially.
Competitive Analysis:
Eminent players to influence the durian chocolate market report are DaianaChocolate (U.S.), Cocoa Boutique (Malaysia), Naturkostbar AG (Switzerland), Harriston (New Zealand), Beryl’s Chocolate & Confectionery Sdn. Bhd. (Malaysia), Azaib Holdings Sdn. Bhd. (Malaysia), Benns Chocolate (Malaysia), Chocolate Monggo (Indonesia), Sunshine Kingdom Sdn. Bhd. (Malaysia), and MK Durian Harvests Sdn. Bhd. (Malaysia).
Mergers, acquisitions, and new product launches are prime strategies of these players to sustain their position in the global market. Creating a strong distribution network in order to distribute the main product to the masses is likely to be incorporated into the core strategies of companies.
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Pulp & Paper Chemicals Industry |

Competitive Analysis

Some of the key players in the global pulp & paper chemicals are BASF SE (Germany), Kemira (Finland), Ashland (US), Clariant (Switzerland), Ecolab (US), Arakawa Chemical Industries, Ltd (Japan), Harima Chemicals Group, Inc. (Japan), Applied Chemicals International Group (Switzerland), Solenis (US), and SEIKO PMC CORPORATION (Japan)

Market Segmentation

The global Pulp & Paper Chemicals Industry has been segmented by type, application, and region.

On the basis of type, the market has been segmented into specialty additives, pulping chemicals, bleaching & deinking chemicals, fillers & coatings, polymers and others. Specialty additives segment accounted for the largest market share in the global pulp & paper chemicals market in 2017 and is expected to register a highest CAGR during the review period. Though, the market value share of special additives will be on top, in terms of volume the market share of specialty additives will be on the lower end due to the high pricing of the specialty additives. The specialty additives help in improving the properties of recycled and raw paper such as strength, gloss, brightness and opacity and other properties whilst maintaining the operational efficiency of the equipment used in the paper and pulp industry. With the developed economies emphasizing more on use of recycled paper, it is essential to retain the strength of fibers, glossiness, and brightness of paper which can be achieved using the specialty additives.

Based on applications, the market has been segmented into pulp, paperboard and tissue, printing & writing, and general purpose. Paper board & tissue segment accounted for the largest market share in the global market owing to the increasing demand for lightweight packaging materials among the various end-use industries such as FMCG, pharmaceuticals, and food & beverages. With the increasing scrutiny on non-biodegradable packaging materials, the end-use industries are focusing on bio based and biodegradable packaging materials which is expected to drive the demand for pulp and paper treatment chemicals. The pulp segment is expected to trail paperboard and tissue application during the forecast period.

Regional Analysis

Based on region, the global pulp & paper chemicals market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The market in Asia-Pacific was the largest in 2017 due to a flourishing packaging industry and presence of large number of end-use industries in developing nations such as India and China. The growth of print media, especially, in India is expected to further drive the demand for pulp and paper processing chemicals in the region. In addition, the flourishing e-commerce in the Asia-Pacific market is expected to further augment the demand during the forecast period.

North America is the second-largest market for pulp & paper chemicals owing to the increasing demand paperboard in packaging applications. The European market for pulp & paper chemicals is expected to grow as a result of rising demand from the Eastern European countries and increasing use of recycled paper. The market in Latin America and the Middle East & Africa are expected to exhibit considerable growth during the review period due to expanding paper industry in the regions.

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Automotive Refinish Catings Market Size | Key Player profile, Demand, Segments, Research Report and Regional Outlook by 2023

Automotive Refinish Catings Market Size

The constant upgradation in technologies has led to better quality of automotive refinish coatings. Market reports connected with the chemicals and materials industry have been made available by Market Research Future which generates reports on other business verticals that outlines the current market scenarios. The market is poised to achieve revenues totaling USD 10.2 billion while achieving a 5.6% CAGR in the forecast period. The market is further motivated by the rising disposable income levels globally and will create an enhanced impetus for growth in the coming years.

The automotive car body workshops are becoming increasingly popular around the world, due to increased consumer emphasis on the general look of their vehicles, this trend is expected to reflect positively on the progress of the automotive refinish coatings market. Rising rates of accidents globally due to lack of compliance of traffic regulations has also increased the scope for the progress of the market. The market is also substantially influenced by the escalating sales of passengers’ cars which are the primary end users of automotive refinish coatings. The market is also significantly boosted by the development of UV-cured and water-borne technologies. The multiplying number of rental car owners and the elevating demand for used car markets is projected to improve the progress of the automotive refinish coating market.

Segmental Analysis

The segmentation of the Automotive Refinish Market Size is based on product type, technology, resin, vehicle type, and region.

On the basis of product type, the market consists of clearcoat, primer, activator, basecoat, filler, and putty. The technology-based segmentation of the market consists of water-borne coatings, UV-cured coatings, solvent-borne coatings, and powder coatings. The segmentation of the market on the basis of resin comprises of Polyurethane, Alkyd, Acrylic, and Epoxy. Based on vehicle type, the automotive refinish coating comprises of cars, commercial vehicles, and two-wheelers. The regions that are counted in the market are Asia Pacific, Europe, Latin America, Middle East, North America, and Africa.

Detailed Regional Analysis 

The regional analysis of the automotive refinish coatings market covers regions such as Europe, North America, Asia Pacific, Latin America, Middle East, and Africa. The Asia Pacific region is growing due to the rapid industrialization in the region during recent years. Nations such as South Korea, India, China, Japan, and Malaysia are the main contributors to the evolution of this regional market. The market progress is influenced by factors such as rising urbanization, altering lifestyles, growing buying power of the population, and an increasing level of consumer awareness for the maintenance and protection of vehicles. The North American region is progressing due to the contribution of U.S because of the rising demand for passenger cars in the nation. The European region is expanding due to the contribution of countries like Germany, The U.K., Italy, France, and Belgium and also due to the presence of the largest automotive manufacturers in the region. The regional markets in the Middle East, Africa, and Latin America are expected to add noticeably to the progress of the automotive coatings market globally owing to the steadying political and economic conditions and growing industrialization.

Competitive Analysis

The development of the market is considerably boosted by the expansion of the automobile sector globally. The manufacturers in the automotive refinish coatings market are increasing the market share by improving the product offering and introducing new products in the market. BASF SE (Germany), KAPCI Coatings (Egypt), Mitsui Chemicals, Inc. (Japan), PPG Industries, Inc. (US), Nippon Paint (Japan), The Valspar Corporation. (US), Akzo Nobel N.V (The Netherlands), KCC Corporation (South Korea), 3M (US), The Lubrizol Corporation (US), Covestro AG (Germany), The Sherwin-Williams Company (US), Kansai Paint Co., Ltd (Japan), Esdee Paints Limited (India), Axalta Coating Systems, LLC (US), and Berger Paints India Limited (India) are the notable players functioning in the market

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