#Europe Polypropylene Glycol Market

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Powder Coatings Market - Forecast(2024 - 2030)

Powder Coatings Market Overview

The Powder Coatings Market size is forecasted to reach US$18.2 billion by 2027 after growing at a CAGR of 6.1% during the forecast period 2022-2027. Powder coating is a dry finishing process in which free-flowing, thermoplastic or thermoset powder material is applied to a surface, melted and then allowed to dry and harden into a protective coating. Powder coating based on thermoplastic polymers is derived from polyolefins, polyvinyl chloride, polyvinyl fluoride, polyester and so on whereas thermoset-based powder coatings are derived from epoxy, polyester, acrylic, polyurethanes and so on. Powder coating imparts a high-quality, durable finish, that allows for improved efficiency and is eco-friendly. Powder coatings are based on polymer resin systems. The environmental advantages offered by powder coatings compared to liquid coating methods drives the powder coatings market. The pandemic resulted in shortages of raw materials and supply chain disruptions. According to Echemi, a chemical industry B2B website, there were shortages of neopentyl glycol that is used in many of the resins for powder coatings and triglycidyl isocyanurate which is a curing agent used in polyester powder coatings. This resulted in price hikes of over 60% in the Powder Coatings industry.

Powder Coatings Market Report Coverage

The “Powder Coatings Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Powder Coatings industry.

By Resin Type: Thermoset (Epoxy, Polyester, Acrylic, Fluoropolymer, Polyurethanes and Others) and Thermoplastic (Polyamide, Polyolefin, Polyethylene, Polyvinyl Chloride, Polypropylene and Others).

By Coating Method: Fluidized Spray, Electrostatic Fluidized Bed, Electrostatic Spray and Others.

By Substrate: Metal (Steel, Aluminum and Others) and Non-Metal (Plastic, Wood, Ceramics, Glass and Others).

By End-Use Industry: Automotive [Two-wheelers (Scooters and Bikes) and Three/Four-wheelers (Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles)], Construction (Outdoor Construction and Indoor Construction), Appliances (Refrigerator, Water Coolers, Vending Machines, Washing Machines, Air Conditioners/Coolers, Electrical Fans, Kitchen Blenders/Mixers, Vacuum Cleaners, Water Heaters, Ovens & Chimneys, LPG Cylinders and Others), Electrical & Electronics (Transformers, Generators, ATM Machines, Industrial/Commercial Systems, Electrical Motor Stators/Rotors, Electric Meters & Connectors, Computer Room Floor System and Others), General Industrial (Industrial Carts & Power Tools, Storage & Racking, Escalators & Elevators, Lockers, Walls & Fittings, Water Pumps, Steel Drums, Pipes & Rebars and Others), Furniture (Outdoor Metal Furniture, Beds & Chairs, Benches and Others), Medical, Transportation & Equipment (Railways, Industrial Transportation, Construction Equipment, Agricultural Equipment, Marine, Aerospace) and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa)

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Key Takeaways

The Asia-Pacific region dominates the powder coatings market on account of the increasing construction activities and the recovering automotive industry. According to Invest India, the construction industry in India is expected to reach $1.4 trillion by 2025.

There are two types of powder coatings, thermoplastic and thermoset. Thermoplastic powders are commonly derived from polyolefins, polyvinyl chloride and polyvinyl fluoride while thermosetting powders are derived from acrylic, epoxy and polyester resins.

Thermoplastic powder coating melts and flows when heat is applied but continues to have the same chemical composition once it cools and solidifies. On the other hand, thermoset powder coatings will not melt when heated after curing.

The major opportunity for this market is developing thin-film coatings.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the powder coatings market report.

Powder Coatings Market Segment Analysis – by Resin Type

The thermoset segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 7.2% during the forecast period of 2022-2027. In the powder coating process, as the powder heats and melts it flows around the surface of the object and undergoes a chemical change called cross-linking which forms a hard and durable coating. Thermosetting coatings do not re-melt when they are cooled after heat is re-applied. In its powdered state, thermoset material tends to have a much lower molecular weight than other coating materials, usually requiring less heat to melt, making it more energy efficient. Thermoset powders are commonly derived from epoxy, acrylic, polyester and polyurethane groups. The most frequently employed are epoxy and polyester-based resins. Epoxy resin-based thermoset powders form a tough impact-resistant coating that has excellent corrosion resistance, so they are used for internal applications. Polyester-based coatings have the added advantage of being highly UV resistant, making them an ideal choice for outdoor applications. Thus, the thermoset segment is anticipated to dominate the powder coatings market.

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Powder Coatings Market Segment Analysis – by Application

The construction segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 8.3% during the forecast period of 2022-2027. Powder coating can be used for metal components such as door frames, railings, window frames, fencing, shelters, storefronts, façade or other areas of buildings. According to WSP, around 25% of the overall construction cost is the façade, with the metal contributing a major part of the cost. Powder coating can prevent corrosion and minimize re-coating as it imparts a long-lasting coating. The powder coat is more resistant to scratching, fading, erosion or other types of damage that can ruin the aesthetic appeal of a building The latest trend in the construction industry is low-emitting products and sustainable buildings. According to the U.S. Green Building Council (USGBC), 1,105 projects have been certified with LEED certification for green buildings in the U.S. in 2021. Powder coatings are solvent and VOC-free and produce less waste than other coating methods, making them a clear choice for green buildings. Thus, the construction industry is expected to dominate the market.

Powder Coatings Market Segment Analysis – by Geography

The Asia-Pacific region held the dominant Powder Coatings Market share up to 60% in 2021 owing to the rising consumption of powder coatings from the automotive, construction and appliances sector. The construction activities in the region rebounded after the initial lockdown in 2020. The government of India has made several investments in construction and infrastructure to aid in development. As per a report by the Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment industry recorded a 47% growth in the second quarter of FY2021-22. According to a news report in Reuters, in FY22-23, US$529.7 billion will be invested to further drive economic growth across the country. China’s construction sector is expanding rapidly. according to the National Bureau of Statistics, China’s construction output is estimated to be worth approximately US$4.3 trillion in 2021. China plans to invest US$1.43 trillion in key construction projects as part of its 14th five-year plan. As per the National Development and Reform Commission (NDRC), the Shanghai plans call for a total investment of US$38.7 billion over the next three years. The Japanese construction industry is expected to boom as the World Expo will be hosted in Osaka, Japan in 2025. Therefore, this region is set to dominate the Powder Coatings market.

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Powder Coatings Market Drivers

Environmental Advantages of Using Powder Coatings

Powder coating is the green process of choice for finishing operations. It produces less waste than other finishing processes such as liquid coating. The use of powder coating aids in eliminating waste because, after application, the powder coating overspray can be reclaimed and reused. These types of reclamation practices keep overhead costs low while minimizing environmental impacts. Solvents contain volatile organic compounds (VOCs) which are detrimental to the environment. In liquid coatings, the average VOC content is between 3.5 to 5.5 pounds per gallon, which is approximately one-third to one-half of each gallon of the liquid coating being emitted into the environment during the application process. Since powder coating lines do not require the use of solvents, they do not emit VOCs and can operate with reduced energy, faster curing and lower temperatures. This makes powder coatings highly attractive from an environmental perspective. Innovations in the powder coatings industry strive to make it even better. For instance, in early 2020, Sherwin-Williams General Industrial Coatings division launched the Powdura ECO line made from a resin that uses pre-consumer recycled polyethylene terephthalate (rPET). Thus, the environmental advantages offered by using powder coatings drive the market.

Growing Usage of Powder Coatings in Electric Vehicles

The growth of electric vehicles (EVs) can be attributed to increasing oil prices and growing awareness regarding climate change. According to the International Energy Agency (IEA), in 2021, sales of electric cars (including fully electric and plug-in hybrids) doubled to a new record of 6.6 million. Sales kept rising in 2022 as well, with 2 million electric cars sold worldwide in Q1 2022, up almost 75% compared to Q1 2021. To keep EV motors and batteries operating efficiently, it’s important to maintain an optimum temperature range. Sometimes EV motors can generate operating temperatures that may exceed 200°C. Powder coatings are used to insulate battery boxes and isolate thermal activity. To take advantage of the growing EV market, powder coating manufacturers are launching products that cater to EVs. For instance, in January 2022, Arkema announced high-voltage coating solutions for electric vehicles. The two new polyamide 11 powder coating grades with UL certification were introduced for use in electric vehicle battery systems and other applications. Thus, the growing usage of powder coatings for EVs drives the market.

Powder Coatings Market Challenge

High Initial Investment

The major restraint in the Powder Coatings market is the high initial investment required to set up the powder coating equipment. Liquid coating applications only require a spray gun and a spray area. Comparatively, a powder coating workshop needs a spray gun, spray booth and curing oven. The addition of the curing oven adds significantly to the initial start-up costs for powder coating. The size of the curing oven purchased needs to take into account the maximum part size that can effectively be handled. Larger, thicker and heavier parts require a larger and more powerful oven, which further adds to the overall equipment costs. While metals can be powder coated using electrostatic spray deposition, non-metals require a fluidized bed powder coating application. The need for a fluidized bed also increases the overall equipment costs for the establishment of a complete powder coating facility. This can prove to be a challenge for the powder coatings market.

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Powder Coatings Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Powder Coatings market. The top 10 companies in the Powder Coatings Market are:

PPG Industries

AkzoNobel Powder Coatings

BASF SE

Axalta Coating Systems

The Sherwin Williams Company

Jotun

Valspar Corporation

Nippon Paint Holdings Co. Ltd.

Kansai Nerolac Paints Limited

Tiger Coatings

Recent Developments

In June 2022, Polychem launched a new powder coating collection called the Effects Collection. The collection features powder special effects, such as speckles, translucents, metallics, sparkle translucent, veins, patina effects, river textures, fine textures and dramatic illusion colors, available in a variety of colors.

In May 2022, AkzoNobel Powder Coatings launched a comprehensive range of ready-to-ship powder coatings ranges specifically for the North American market. The range comprises approximately 500 unique powder coatings, with a broad variety of premium quality colors, textures and finishes.

In February 2022, PPG announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The acquisition will enable PPG to expand its powder coatings offering in the Europe, Middle East and Africa (EMEA) region.

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Unlocking the Potential of Renewable Chemicals Market: A Path to a Greener Future

The renewable chemicals market refers to the production and utilization of chemicals derived from renewable sources such as biomass, agricultural waste, and other organic materials. These chemicals are considered sustainable alternatives to their petroleum-based counterparts, as they are produced from renewable feedstocks and have lower carbon footprints. The market for renewable chemicals has been witnessing significant growth in recent years, driven by increasing environmental concerns, government regulations, and the shift towards a more sustainable and circular economy.

Here is some comprehensive information about the renewable chemicals market:

Market Overview:

The renewable chemicals market encompasses a wide range of chemical products, including bio-based polymers, biofuels, bio-based solvents, bio-based acids, and others.

These chemicals find applications across various industries such as packaging, automotive, textiles, agriculture, pharmaceuticals, and personal care, among others.

The market is driven by the growing demand for environmentally friendly products, the need to reduce greenhouse gas emissions, and the depletion of fossil fuel reserves.

Government initiatives and policies promoting the use of renewable chemicals also contribute to market growth.

Key Drivers and Challenges:

Environmental Regulations: Stringent regulations on greenhouse gas emissions and increasing emphasis on sustainability drive the adoption of renewable chemicals.

Volatile Crude Oil Prices: Fluctuations in crude oil prices make renewable chemicals an attractive and more stable alternative.

Feedstock Availability: The availability of cost-effective and abundant feedstock plays a crucial role in the growth of the renewable chemicals market.

Technological Advancements: Continuous advancements in biotechnology and process innovation are expanding the range of renewable chemicals available in the market.

Economic Viability: Achieving economic competitiveness with traditional petroleum-based chemicals remains a challenge for renewable chemicals.

Product Segmentation:

Bio-based Polymers: Includes bio-based polyethylene terephthalate (PET), bio-based polyethylene (PE), bio-based polypropylene (PP), bio-based polyamides, and others. These polymers find applications in packaging, textiles, automotive, and construction industries.

Biofuels: Includes ethanol, biodiesel, biogas, and others. Biofuels are primarily used as transportation fuels and are blended with conventional fossil fuels.

Bio-based Solvents: Includes ethanol, glycols, lactate esters, and others. These solvents are used in various applications such as paints and coatings, adhesives, and cleaning products.

Bio-based Acids: Includes succinic acid, lactic acid, citric acid, and others. Bio-based acids have applications in the food and beverage, pharmaceutical, and personal care industries.

Others: Various other renewable chemicals such as bio-based surfactants, bioplastics, and bio-based resins contribute to the market growth.

Regional Analysis:

North America: The United States and Canada are the major contributors to the renewable chemicals market in North America. The region has a well-established biofuel industry and supportive government policies.

Europe: Several European countries have implemented renewable energy and sustainability targets, driving the demand for renewable chemicals. Germany, France, and the Netherlands are the prominent players in the European market.

Asia Pacific: The Asia Pacific region, particularly China and India, is witnessing rapid growth in renewable chemicals due to increasing industrialization, government initiatives, and a shift towards a greener economy.

Rest of the World: Countries in Latin America, the Middle East, and Africa are also recognizing the potential of renewable chemicals and are investing in their production and utilization.

Key Market Players:

NatureWorks LLC

Archer Daniels Midland Company

Corbion N.V.

Cargill, Incorporated

BASF SE

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Stretch Sleeve Labels Market Trends, Segmentation, Outlook, Industry Report to 2032

The stretch sleeve labels are the specific type of ready-to-use labels which are applied to the containers without the use of any adhesives. These stretch sleeve labels are made from different plastic materials based on their requirements such as polythene terephthalate glycol (PETG), and others.

These labels have wide applications in various industries such as food, beverage, pharmaceuticals, personal care & cosmetics, homecare, and others. Stretch sleeve labels are cost-effective as it doesn’t require any adhesive to apply to the containers. Also, the stretch sleeve labels offer the benefit as it can be applied to the entire container which gains traction among the end use industries.

Moreover, rising regulatory requirement for labelling propels the demand for stretch sleeve labels, especially in the food, beverage, pharmaceuticals, personal care & cosmetics, and other industries. Advancement in technology and development of the latest stretch sleeve labels applicator creates a growth opportunity for the stretch sleeve labels market during the forecast period.

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Rising production of various products and the development of new products augment the sales of stretch sleeve labels in the industry. The stretch sleeve labels can be applied to any container with different shapes which adds to the benefits of the stretch sleeve labels.

Key Takeaways from Stretch Sleeve Labels Market

Polyvinyl chloride (PVC) segment under material type is estimated to represent a dominating market share throughout the forecast period.

In terms of end-use, the beverages industry is a significant lucrative for the stretch sleeve labels market. It is anticipated to accelerate with a CAGR of 7.3% in the global stretch sleeve labels market.

North America and Europe are estimated to remain the major revenue-generating region for the stretch sleeve labels market.

Stretch sleeve labels market is expected to reach a valuation of US$ 5.9 Bn by the end of 2022

“Innovations in stretch sleeve labels market are going to transform the industry in terms of sustainability and several breakthroughs are already in the market that can be leveraged.” –says FMI Analyst

Rising Consumption of Carbonated and Non-Carbonated Drinks to Boost Stretch Sleeve Labels Market

Shrink sleeve labels are used in the beverage industry on a daily basis for labelling bottles of different shapes and sizes. The demand for a variety of carbonated and non-carbonated drinks has witnessed a sharp rise in the last couple of years.

Growing consumption of non-carbonated and carbonated drinks is due to the increasing millennials in developing countries along with the increasing disposable incomes of consumers. Furthermore, changing preference toward a healthier lifestyle contributes to the massive demand for non-carbonated drinks such as juices, flavored water, and coconut water.

Growth in the demand for such types of drinks, especially for non-carbonated drinks, ultimately creates considerable demand for shrink sleeve labels for labelling bottles on large scale.

Stretch Sleeve Labels Market Landscape

CCL Industries Inc., Huhtamaki Oyj, Klöckner Pentaplast Europe GmbH & Co. KG, Pregis LLC, Atlantic Packaging, and Multi-Color Corporation are some of the key players operating in the stretch sleeve labels market. Walle Corporation, OTK GROUP, a.s., Alupol SA, and Berkshire Labels Limited are also the noticeable players in the stretch sleeve labels market. The tier 1 players in the stretch sleeve labels market hold around 15-20% of the global market share.

Stretch Sleeve Labels Market by Category By Material Type:

Polythene Terephthalate Glycol (PETG)

Polyvinyl Chloride (PVC)

Polylactic acid (PLA)

Oriented Polystyrene (OPS)

Polypropylene (PP)

Polyethylene (PE)

Other Materials

By Printing Technology:

Rotogravure Printing

Flexographic Printing

Offset Printing

Digital

Letterpress Printing

By End Use:

Food

Beverages

Pharmaceuticals

Personal care & Cosmetics

Homecare

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Polyalkylene Glycols Market Size & Growth Analysis Till 2032

The global polyalkylene glycol market is expected to reach  USD 2.3 billion by 2022  and is expected to reach USD 5.5 billion  by the end of 2032  . Worldwide shipments of polyalkylene glycol are expected to grow at an  impressive CAGR of 9.1% over the next decade . .

Increasing demand for lubricants in the automotive industry is expected to be a key driver for overall market growth in the coming years. The ability of this chemical to reduce wear and pressure when used in lubricants is expected to result in high demand for polyalkylene glycols in the coming years.

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The readability score of the Polyalkylene Glycol Market Demand report is good as it provides a chapter-by-chapter layout with each section divided into smaller sections.

Reports include graphs and tables showing the entire assembly. It is visually appealing by showing the confirmed and estimated values ​​of key segments in pictures. 

This Polyalkylene Glycol Market Perspective report discusses important dynamics such as drivers, restraints and opportunities for key players in the Polyalkylene Glycol market and competitive analysis along with key stakeholders and emerging players involved in manufacturing the product.

The extended oral antibiotics market key trends analysis also provides the dynamics affecting future sales and demand during the forecast period.

market player

BASF SE

Pan Asia Chemical

Clariant

LyondellBasell Industrial Holdings BV

Exxon Mobil

Dow Chemical Company

Royal Dutch Shell PLC

Idemitsu Kosan

Covestro AG

AkzoNobel NV

How can the Polyalkylene Glycol market report make a difference to the revenue impact and strategies of businesses?

Fact.MR is committed to providing a comprehensive assessment of opportunities in different geographies and technology sectors. The study also provides neat data-driven insights into the polyalkylene glycol market and how all segments are growing. Some of the ways research can have a measurable impact is by providing an evidence-based perspective on:

Attractiveness index of emerging product/technology types across a range of products in the polyalkylene glycol market.

Microeconomic factors that may hinder the outlook for some key sectors

Funding of recent research and development (R&D) in key polyalkylene glycol markets

New business models disrupting demand dynamics in key sectors

Regional markets to be future growth engines and industry trends to support them

Challenges to overcome that can give industry players a competitive edge

Major sectors of industry research

·         By type:

polyethylene glycol

polypropylene glycol

advanced polyol adducts

etc

·         Solubility criteria:

Fat-soluble polyalkylene glycol

Mineral Oil Soluble Polyalkylene Glycol

water soluble polyalkylene glycol

·         Application:

polyurethane foam

functional fluid

lubricant

personal care

Restrictions

surface active agent

etc

·         By region:

North America

Latin America

europe

APAC

thing

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The questionnaires answered in the Market Outlook for Detergent Polymers report are as follows:

What are the key strategies deployed by the large players to maximize polyalkylene glycol market growth?

What are the major challenges faced by players in the demand for polyalkylene glycol market?

With the advent of technological advancements, how will the polyalkylene glycol market environment change during the forecast period?

What does the player bring to the table that is unique as a strategy and easy-to-imitate for new investors in the Polyalkylene Glycols market size?

What difference does the insights and market forecasts provided in the Fact.MR report on detergent polymer demand make?

This study takes a closer look at major economic disruptions, with a focus on the recent COVID-19 pandemic disruption.

An assessment of key growth drivers highlights the attractiveness of new automation technologies and provides readers with insight into the prospects of these technologies over the forecast period.

This study attempts to provide a balanced view of opportunities in mature and most underperforming markets.

It scrutinizes industry trends that have shaped recent government policy.

We provide descriptions of major breakthroughs in every sector that could significantly change the course of the market.

It provides an incisive analysis of the socio-political environment in which key markets operate and how they will affect the profitability of the overall polyalkylene glycol market.

We analyze how collaborations and partnerships between players from different industries will shape key growth dynamics in the near future.

Evaluate the role of different funding tiers for new growth vehicles in key regional markets. 

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Deicing Fluid Market- New Technological Development Projecting Massive Growth till 2032

The global deicing fluid market was worth US$ 5.3 Billion in the year 2022 and is expected to reach US$ 8.8 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032. Deicing fluids come across as critical chemicals used in the aviation vertical in cold climates around the world. Growing demand for such fluids is accelerating the deicing fluid market.

They are categorized as Type I, Type II, Type III, and Type Iv based on their composition and chemicals, and physical qualities. This could be credited to growing awareness about the product, continued expansion of the aviation sector, increasing freight carrying through airways, and rising number of strategic partnerships. Both – governments and private sectors are extending support to the deicing fluid market for having the aviation vertical in shape.

Deicing fluids constitute glycols, salts, and alcohol. They do reduce water’s freezing point. Mechanical deicing procedures constitute pressing and scraping. Deicing solution gets sprayed on the surface using spray guns or hoses. The region’s meteorological conditions do determine the need for deicing fluid. It is, in fact, directly proportional to an increase in tourism in cold climates.

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Key Companies Profiled

The Dow Chemical Company

Kilfrost

E. I. du Pont de Nemours and Company

Henan Allrich Chemical Co., Ltd.

Cre Chem Qingdao Limited

Weifang Qiangyuan Chemical Industry Co., Ltd.

Competitive Fluid

Aero Mag, in December 2020, came up with the very first electrically-powered truck to deice the aircraft.

Invercon Inc., in January 2020, did announce that their deicing system had been successfully tested at NASA Glenn Research Center’s Icing Research Tunnel. This announcement came along with NEI Corporation.

Hartsfield-Jackson Atlanta International Airport, in 2018, did announce its plan of building a south deicing facility worth US$ 50 Million for reducing flight cancellations at the time of snowstorms. It could accommodate merely 5 large planes initially but can deice close to 20 planes at a time now.

Key Segments Profiled in the Deicing Fluid Industry Survey

Type:

Ethylene Glycol

Propylene Glycol

Application:

Commercial

Non-Commercial

Region:

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

Middle East & Africa

What does the Report delve deep into?

The research study is based on type (ethylene glycol and polypropylene glycol), and by application (commercial and non-commercial).

With aviation vertical flourishing, there would be nothing to stop the deicing fluid market from substantiating in the forecast period.

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Global Polypropylene Glycol Market- Application Analysis And Forecast 2021-2027

Global Polypropylene Glycol Market- Application Analysis And Forecast 2021-2027

Buy Now The polyamides are found naturally in silk and wool, as well as synthetically in polyamide 6, nylon and aramid, amongst other materials. Wear resistance, robust mechanical qualities, lower gas permeability, and chemical resistance are the characteristics of the artificial polyamides. In addition, the polyamide denotes to a polymer with the versatile characteristics that occurs naturally…

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Global Polyalkylene Glycol(PAG) Market Study, 2014-2030

Prismane Consulting is pleased to publish its Polyalkylene Glycol(PAG) Market Market Study Report which includes historic and current market situation of Polyalkylene Glycol(PAG) Market across several end-use industries.

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This market study describes the global Polyalkylene Glycol(PAG) Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Personal Care, Pharmaceuticals, Concrete Admixtures, and others.Polyalkylene Glycol(PAG) Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.

Polyalkylene Glycol(PAG) Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Polyalkylene Glycol(PAG) Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.

The primary driver for the growth in demand of Polyalkylene Glycol(PAG) Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.

Topics Covered

The report covers the following topics:

Polyalkylene Glycol(PAG) Market Market data in term of volume and value for each end-use at regional and country level

Polyalkylene Glycol(PAG) Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level

Trade balance and target markets for current situation, new expansions, or new projects

Business opportunity assessment

Macro-economic factors like GDP, population, and world economic integration

Strategic issues and recommendations

Strategic recommendations for vendors, and industry stakeholders

Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030

Polyalkylene Glycol(PAG) Market Market: Applications Covered

Global Polyalkylene Glycol (PAG) Demand Analysis By Type,

By Applications, (Volume, Value) (2014–2030)

      Strategic Issues

      Demand Analysis and Forecast (2014 – 2030)

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Polyalkylene Glycol (PAG) Market, By Type

Polyethylene Glycol

Polypropylene Glycol

Others

Global Polyalkylene Glycol (PAG) Market, By Application

Lubricants & Functional fluids

Personal Care

Pharmaceuticals

Concrete Admixtures

Surfactants

Chemical Intermediates

Others

Polyalkylene Glycol(PAG) MarketMarket: Regions covered

- Asia Pacific

- Eastern Europe

- Central & South America

- Middle East & Africa

- North America

- Western Europe

Key Questions Answered

The Global Polyalkylene Glycol(PAG) Market Market study answers the following key questions:

How big is the Polyalkylene Glycol(PAG) Marketmarket?

How is the Polyalkylene Glycol(PAG) Market market evolving by demand-supply, segment, and region?

What will the Polyalkylene Glycol(PAG) Market market size be in 2030 and at what rate will it grow?

What trends, challenges and barriers are influencing its growth?

Who are the key manufacturers and what are their shares in different region?

What opportunities and target markets exist for Polyalkylene Glycol(PAG) Market

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About Prismane Consulting

Prismane Consulting is a unique consulting and market research firm providing management, economic and technical expertise across the global Chemicals, Petrochemicals, Polymers, Materials and Energy value chain. The company has been advising clients on their key strategic issues solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans by tracking and interpreting market dynamics.

Prismane consulting has completed several multi-client studies and projects. It offers Market Studies, World Analysis and Strategy Reports related to Refining, Chemicals, Petrochemicals, Plastic & Polymers and Materials. For update on the annual subscription (monthly, quarterly, and annually) on the chemicals industry, please write to sales@prismaneconsulting.com

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Chemicals & Energy, Prismane Consulting

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Glycolic Acid Market Size, Share, Growth, Trends, Applications, and Industry Strategies

Global Glycolic Acid Market is expected to grow at a CAGR of 5.3% during the forecast period and is expected to reach US$ 13460.2 Mn by 2027.

Glycolic Acid Market Overview:

Maximize Market Research (MMR) spent a lot of time and effort investigating the global Glycolic Acid Market, focusing on each sector while considering global and regional trends. In order to create a balanced market environment, the primary drivers as well as significant restraints have been thoroughly addressed. To give readers a complete picture of the market, the research separates it into several areas, including Product, Application, Retailers, and Regions. The research also includes long-term industry estimates for the global Glycolic Acid Market.

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 Market Scope:

The global Glycolic Acid market is expected to develop at a steady rate between 2021 and 2027, according to the forecast. Between 2021 and 2027, the industry is expected to grow rapidly, with leading market players putting in significant effort.

The development process is examined, as well as cost structures and development goals and objectives. This global Glycolic Acid market report covers import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins. In the global Glycolic Acid market, this study looks at each producer's manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Among the countries (regions) are the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.

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 Drivers:                                                                                

Glycolic Acids are water-resistant, dust resistant, and snow resistant but are permeable to air. The membrane is located on the cold side of the insulation. To prevent moisture that may have been getting through the external covering from penetrating further into the structure.

Segmentation:

By Type, the segment is bifurcated into Polyethylene, Polypropylene. Polyethylene Glycolic Acid is dominating the type segment of the Glycolic Acid market. The major driving factor of polyethylene Glycolic Acid is their ability to pass gases but not water so the membrane can be used as waterproof material with moisture resistance. Additionally, the cost benefits of polyethylene Glycolic Acid are advantageous as compared to non-Glycolic Acid products.

Key Players:

• BRP Manufacturing

• Canam Group Inc.

• Cosmec Inc.

• D.S. Brown

• DOSHIN RUBBER PRODUCTS (M) SDN. BHD.

• Ekspan Limited

• Freyssinet Limited

• Granor Rubber & Engineering Pty. Limited

• MAURER SE

• AFTC

• Ningbo Dragon Packaging Technology Co., Ltd.

• Rollprint Packaging Products, Inc.

Regional Analysis:

The global Glycolic Acid market is split up into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America.

COVID-19 Impact Analysis on Glycolic Acid Market:

The COVID-19 Pandemic has the potential to disrupt global markets in three ways: by directly affecting production and demand, disrupting supply networks and marketplaces, and bankrupting businesses and financial institutions. The purpose of this research is to understand more about the current situation, the economic slump, and COVID-19's impact on the global Glycolic Acid market.

Key Questions answered in the Glycolic Acid Market Report are:

·        Which product segment grabbed the largest share in the Glycolic Acid market?

·        How is the competitive scenario of the Glycolic Acid market?

·        Which are the key factors aiding the Glycolic Acid market growth?

·        Which region holds the maximum share in the Glycolic Acid market?

·        What will be the CAGR of the Glycolic Acid market during the forecast period?

·        Which application segment emerged as the leading segment in the Glycolic Acid market?

·        Which are the prominent players in the Glycolic Acid market?

·        What key trends are likely to emerge in the Glycolic Acid market in the coming years?

·        What will be the Glycolic Acid market size by 2027?

·        Which company held the largest share in the Glycolic Acid market?

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[sweetyiarc]

Crystalline Polyethylene Terephthalate Market Size Forecast to Reach $18.88 Billion by 2026

Crystalline Polyethylene Terephthalate Market size is forecast to reach $18.88 billion by 2026, after growing at a CAGR of 9.2% during 2021-2026. It is among the plastics which is most used in present days. It is a very important polymer used in fabric films, packaging, molding the parts of automotive and electronics, making bottles and containers and many others. The growth in the market is due to the increase in the usage of polyethylene terephthalate for various applications in sectors like, food & beverages, pharmaceutical, automotive, and others. COVID-19 Impact The emergence of COVID-19, which is declared a pandemic by the World Health Organization, is having a noticeable impact on global economic growth. Currently the crystalline polyethylene terephthalate market has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. According to World Trade Organization (WTO), global trade volumes are projected to decline between 13-32% in 2020. The pandemic has impacted the industrial segment and majorly the food and beverage industry due to temporary shutdown. This in turn has restricted the growth in year 2020 and a few months in 2021.

Crystalline Polyethylene Terephthalate Market Segment Analysis - By Manufacturing Process

Molding process held the largest share in the crystalline polyethylene terephthalate market in 2020. This growth is mainly attributed to the increasing demand for Polyethylene terephthalate in varied applications such as making of bottles and containers, tapes, transparent films and sheets and others. The polyethylene terephthalate is produced by the polymerization of ethylene glycol and terephthalic acid. The terephthalic acid and ethylene glycol are the building block for it. The types of molding used are blow molding and injection molding for the transparent bottles.

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Crystalline Polyethylene Terephthalate Market Segment Analysis - By Application

Packaging held the largest share in the crystalline polyethylene terephthalate Market in 2020. The crystalline polyethylene terephthalate is used in packaging because of its extreme rigidity and the capability to resist high temperature ranging from -400 F to 4000 F. It is non-toxic and very safe for the packaging of food and beverages. Polyethylene Terephthalate is an excellent water and moisture barrier material, plastic bottles made from PET are widely used for mineral water and carbonated soft drinks. Other packaging applications include rigid cosmetic jars, microwavable containers, transparent films, transparent sheets etc. The rise is mainly due to the growing demand for the smart packaging techniques worldwide. According to plastic recyclers Europe, 15 mega tons of flexible films are annually used, out of which 9 mega metric ton are the polyethylene and 2.5 are the polypropylene films.

Crystalline Polyethylene Terephthalate Market Segment Analysis - By End Use Industry

Food and Beverage Industry dominates the crystalline polyethylene terephthalate market growing in 2020 at a CAGR of 14.2%. As consumer today are finding shortcut for their desired food needs. The earlier days and old trend packaging of metal, aluminum cans, glass bottles and cardboard cartons are replaced by polyethylene terephthalate and with newer version of concepts. Everyday 7.8 billion people eat and consume million tons of food. The change in trend of delivering food has raised drastically and now one-third of the consumer prefer to get their food delivered at home. The new changing technology of delivery at doorstep is increasing at multiple rates. According to Indian Brand Equity Foundation (IBEF) Indian food processing industry comprise of 32% of the country’s total food market. The online food delivery grew up to 150% with estimated GMW of $300 million in 2017.The new applications have made it easier and has derived the market positively. Furthermore, R&D in crystalline polyethylene terephthalate market and to develop a new sustainable and ecofriendly material will support the growth of the Crystalline Polyethylene Terephthalate Market.

Crystalline Polyethylene Terephthalate Market Segment Analysis - By Geography

Asia Pacific region held the largest share in the crystalline polyethylene terephthalate market in 2020 with a market share of 40%, owing to the increasing food and beverage industry in the region. The Asia Pacific region drive the demand from countries like China, Japan, and India. Not only food and beverages but the increase in the pharmaceutical industries in this region is driving the growth. This in turn, positively impacted the Crystalline Polyethylene Terephthalate Market in the Asia Pacific region. Currently the Crystalline Polyethylene Terephthalate Market has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. It in turn has affected the demand and supply chain as well which has been restricting the growth in year 2020.

Crystalline Polyethylene Terephthalate Market Drivers

Rise in Demand for Sustainable Packaging material

Industrialization has led to the increase in demand for crystalline polyethylene terephthalate market in various industries for different purposes. The rise in demand for sustainable packaging is due to the rising demand and changing day to day need. People today are finding shortcuts for their desired needs; they want to save environment but do not want to put any extended effort. The polyethylene terephthalate can easily be recycled and is flexible. The flexible packaging accounts for 30% of the total packaging world. This is because of its increasing usage in food and medical industries.

Superior Properties of crystalline Polyethylene Terephthalate

The superior properties of crystalline polyethylene terephthalate are driving the market. The most superior one is that it can be easily recycled. In Europe, the plastic packaging recycling rate is 40%, which is highest of all. Mostly the plastic used goes into the incineration and landfills. The recyclability makes it to decrease in the pollution and accumulation in the landfills.

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Crystalline Polyethylene Terephthalate Market Challenges

Fluctuation in the price of Raw material

Innovation is the key to developing new products buy the changing price of raw material is causing problem to the manufacturers. The raw material comprises of ethylene glycol, dimethyl terephthalate or terephthalic acid. The prices are dependable on the price of the crude oil and the prices change every day and in December 2020 the price per barrel was $47.92. According to Independent Commodity Intelligence Service the change in price is due to the demand in the different regions and the consumption pattern in the food packaging industry.

Threats of Substitutes

The strict regulations are being imposed in countries across the world to use renewable and biodegradable material. The new age technological materials are replacing the old traditional method of using plastics because of its harmful effects on the environment. The polymers like Polyethylene Furanoate (PEF), Polyhdroxyalkanoate (PHA) and other biopolymers are the new age polymers which are environment friendly and renewable.

Crystalline Polyethylene Terephthalate Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Crystalline Polyethylene Terephthalate Market. Major players in the Crystalline Polyethylene Terephthalate Market are CAPCO, BASF SE, DOW Chemicals, DAK America, Clariant AG, BP Chemicals, Eastman Chemical Company, and Others.

Key Takeaways

Asia Pacific dominates the crystalline polyethylene terephthalate market owing to rapid increase in food and beverages sector especially packaged foods.

The market drivers and restraints have been assessed to understand their impact over the forecast period.

The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

The other key areas of focus include the various applications and end use industry in Crystalline Polyethylene Terephthalate Market and their specific segmented revenue.

Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of Composite testing related industries has been negatively affected, thus hampering the growth of the market.

Related Reports :

A. Amorphous Polyethylene Terephthalate Market

https://www.industryarc.com/Report/15534/amorphous-pet-market.html

B. Dimethyl Terephthalate Market

https://www.industryarc.com/Report/16026/dimethyl-terephthalate-market.html

For more Chemicals and Materials Market reports, please click here

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Global Polypropylene Glycol Market – Sales and Forecast to 2027

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Polypropylene glycol is the polymer of glycol and propylene oxide. It appears as the clear viscous liquid and can be soluble in an organic solvent likewise methylbenzene, ethyl alcohol, and trichloroethylene. In addition, the polypropylene glycol is greatly utilized as an anti-static, pigment dispersing agent and anti-foaming. It proposes the eco-friendly, cost-effective and biodegradable properties. The product finds its usage in the broad variety of applications likewise leather industry, rheology, spectrometry, cosmetics and sports. Also, it is utilized as an intermediate in esterification, polycondensation and etherification.

According to the report analysis, ‘Global Polypropylene Glycol Market, 2021-2027’ states that AGC Inc., BASF SE, Covestro AG, Dow Inc., Jiangsu Haian Petrochemical Plant, Kumho Petrochemical Co., Ltd., Sanyo Chemical Industries, Ltd. and many more are the key entities which recently operating in the global polypropylene glycol market more proficiently for obtaining the competitive edge, ruling around the globe, keep maintaining the governing position, registering the great value of market share, generating the great percentage of revenue and leading the highest market growth by increasing the applications and benefits of polypropylene glycol, implementing the policies and strategies of enlargement and profit making, establishing the several research and development programs, improving the qualitative and quantitative measures of such, improving the qualitative and quantitative measures of such, spreading the awareness connected to the benefits and applications of polypropylene glycol and delivering the better consumer satisfaction.

Based on the product, the global polypropylene glycol market is segmented into industrial grade and pharmaceutical grade. Based on application, the global polypropylene glycol market is classified into construction, food & beverage, personal care, pharmaceuticals and transportation. Transportation is the fastest-increasing end-use industry owing to the increasing automobile sales. The augment in the usage of propylene glycols in applications, such as aircraft deicing fluid, automotive coolants, and hydraulic & brake fluids, is also propelling the propylene glycol market.

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Region wise, APAC is projected to register for the greatest market share in the global propylene glycol market throughout the forecast duration, in terms of both volume and value. The growing population in the region, accompanied by growing construction spending in the underdeveloped markets of China, India, and South Korea, is predicted to make this region an ideal destination for the propylene glycol industry.

In addition, the effective growth for polypropylene glycol in leather and cosmetics & personal care industries will influence the market growth. In the cosmetic & personal care industry, polypropylene glycol is utilized as a softening agent, lubrication agent and emollient. Thereby aids in safeguarding the skin dryness and dullness and makes its more soften. Not only has this, in the leather industry, the product finds its usage as a wetting agent, a dispersant and a surfactant for leather finishing. The speedy growth in the cosmetic industry coupled with the growing requirement for leather in bags, clothe and belts applications will underwrite to delivering healthy growth in the polypropylene glycol market throughout the review timeline. Therefore, in the near years, it is predicted that the market of polypropylene glycol will increase around the globe more actively over the near future.

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Global Polypropylene Glycol Market Size, 2021-2027

Related Reports

Global Polypropylene Glycol Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

World Polypropylene Glycol Market Research Report 2024 (covering USA, Europe, China, Japan, India, South East Asia and etc)

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Propane Market - growth, trends, covid-19 impact, and forecasts (2021 - 2027)

Market Segmentation

The global propane market has been segmented by end-use industry and region.

Based on end-use industry, the market has been segmented into residential construction, commercial construction, process industry, agricultural, industrial machinery, automotive and transportation, and others.

The construction industry together accounted for the largest value share in 2017, however, process industry individually held the largest market value share for propane in 2017 and is expected to maintain its dominance throughout the forecast period. The latter growth can be attributed towards the increasing demand for propane in propylene production, which is a key raw material in production of polypropylene. The construction industry is trailing behind the process industry, increasing demand for clean fuel in cooking and heating applications is expected to drive the demand during the forecast period. Commercial construction is expected to lead the demand for propane in the construction industry with the ongoing investments in infrastructural developments in the developing economies of Asia-Pacific and Middle East & Africa.

In addition, the increasing scrutiny on emissions from automotive and transportation sector is expected to drive demand for propane, due to the growing need for clean and efficient fuel over traditional fuel, especially, in the developed economies such as the US and Europe.

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 Competitive Analysis

Some of the key players in the global Silicone are Ferrellgas (US), Royal Dutch Shell plc (Netherlands), Exxon Mobil Corporation (US), BP (UK), Chevron Corporation (US), Equinor ASA (Norway), Eni SpA (Italy), ConocoPhillips Company (US), Chesapeake (US), Anadarko Petroleum Corporation (US), and Canadian Natural (Canada)

 Regional Analysis

Based on region, the global Propane Market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The market in Asia-Pacific accounted for the largest value share of the global propane market on account of increased spending on the growing infrastructural development coupled with considerable increase in polymer industry.

North America is another prominent market in the global propane market on account of increasing use of propane as a clean source of fuel in the construction sector and emerging application in agricultural applications in the region.

The market in Europe is expected to be stagnant with a tight supply for propane and high inclination towards naphtha feedstock in the region.

The market in Latin America and the Middle East and Africa are likely to grow at a healthy CAGR on account of increased spending on residential and commercial construction.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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 Read More Related Article:

https://www.marketresearchfuture.com/reports/mono-ethylene-glycol-market-2709

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[packaging2]

Stretch Sleeve Labels Market Research Report - Global Forecast till 2032

The stretch sleeve labels market is a growing segment of the labeling and packaging industry. Stretch sleeve labels are made of plastic materials such as PET and PVC, and are designed to conform to the shape of a container. The labels are used to provide branding, product information, and decoration to various types of containers such as bottles, cans, and jars.

The demand for stretch sleeve labels is driven by the growing demand for product differentiation, convenience, and personalization in the packaging industry. Stretch sleeve labels are used in various industries such as food and beverage, pharmaceuticals, personal care, and household products. In the food and beverage industry, stretch sleeve labels are used to provide branding and product information on bottles and cans of various beverages, including water, juice, and beer.

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In the pharmaceutical industry, they are used to provide tamper-evident seals and safety information on medicine containers. In the personal care and household products industries, stretch sleeve labels are used to provide branding and decoration on various types of containers such as shampoo bottles and cleaning product containers.

The global stretch sleeve labels market is expected to grow at a significant rate in the coming years. The growth is attributed to factors such as the increasing demand for product differentiation and the growth of the packaging industry. The market is also driven by the growth of e-commerce, which has increased the demand for labeling solutions that can withstand the rigors of transportation and handling.

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North America is expected to dominate the global stretch sleeve labels market due to the high adoption of advanced packaging solutions in the region. Europe is also expected to witness significant growth due to the stringent regulations on labeling and the increasing demand for sustainable packaging solutions in the region. The Asia-Pacific region is expected to witness the fastest growth due to the increasing demand for labeling and packaging solutions in the region.

In conclusion, the stretch sleeve labels market is a growing segment of the labeling and packaging industry. The demand for product differentiation, convenience, and personalization is driving the market growth. The market is highly competitive, and the key players are focusing on product innovation and strategic partnerships to gain a competitive edge in the market. With the increasing demand for advanced packaging solutions and the growth of e-commerce, the stretch sleeve labels market is expected to witness significant growth in the coming years.

Some of the leading companies operating in the market are:

CCL Industries Inc.

Pregis LLC

Atlantic Packaging

Multi-Color Corporation

Huhtamäki Oyj

Stretch Sleeve Labels Market By Category

By Material Type:

Polythene Terephthalate Glycol (PETG)

Polyvinyl Chloride (PVC)

Polylactic acid (PLA)

Oriented Polystyrene (OPS)

Polypropylene (PP)

Polyethylene (PE)

Other Materials

By Printing Technology:

Rotogravure Printing

Flexographic Printing

Offset Printing

Digital

Letterpress Printing

By End Use:

Food

Beverages

Pharmaceuticals

[chemanalyst]

Propylene Market Research Report 2030: Covid 19 Impact Outlook, Regional Analysis, Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, Forecast

According to ChemAnalyst report, “Propylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Propylene market witnessed a demand of around 95 million tons in 2020 and anticipated to grow at a significant rate with a healthy CAGR of 5.41% until 2030 attributed to the wide range applications of the chemical in various end use industries such as Automotive, Packaging, Construction, Textiles, and Others.

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Propylene or propene (C3H6) is a colorless, non-toxic, extremely flammable fuel gas with a Petroleum like pungent smell and under pressure becomes liquid. During the refining process of gasoline Propylene is obtained however, three main processes involved in the production of Propylene are Steam cracking, fluid catalytic cracking (FCC) and Olefin conversion technology. Liquid petroleum derivatives such as LPG, naphtha, propane etc. are used as feedstock in the production.

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Depending upon level of purity, Propylene market is segmented into different grades such as Polymer Grade (>=99.5%), Chemical Grade (>=93.4%), Refinery Grade (60 - 70%). Polymer-grade propene commonly used in manufacturing polypropylene and propene oxide. Chemical-grade propene is used to produce several chemical derivatives such as oxo alcohols, acrylonitrile, acetone etc. While Refinery-grade propene, obtained from refinery processes and is prominently used as an octane booster in gasoline or in LPG for thermal use. Additionally, it can also be used in syntheses of some chemicals.

Propylene is a basic commodity in chemicals and petrochemicals industry and primarily used in the production of polypropylene resin, fibers, elastomers, and other chemicals such as propylene oxide, isopropanol, acrylonitrile, acetone, propylene glycol, cumene (used for synthesizing phenol & acetone) etc. Most of Propylene produced globally is consumed in manufacturing Polypropylene. Among all the derivatives, polypropylene is the most important industrial chemical followed by Propylene Oxide owing to its versatile properties and being a key ingredient in plastics. Polypropylene is employed in several end use industries like Automotive, Plastics, Construction, Packaging, Electronics and Electricals, Textile, Packaging, Consumer goods etc. The spur in the demand of Polypropylene is anticipated to fuel the market over the forecast period as it is a key raw material of Polypropylene.

Propylene oxide, the second major derivative of Propylene finds applications in detergents, paints, adhesives, cosmetics and used in the production of several derivative products such as polyether polyols, propylene glycol, butanediol which further are employed in numerous applications.  Similarly, other derivative of Propylene, Polypropylene Glycol has wide range of applications in Cosmetics & Personal Care, Food & Beverage, Pharmaceuticals, Building & Construction and Automotive among others. Additionally, Isopropyl Alcohol another Propylene derivative owing to its antibacterial properties used in making sterilizers, disinfectants as well as antiseptic soaps and lotions. Hence, these vast applications of Propylene and its derivatives are likely to augment the market in the forecast years. However, It is a petrochemical derivative related to health hazards coupled with rigorous safety standards linked to its production and transportation are expected as major challenges in market growth .

In first half of 2020, the unprecedented outbreak of COVID-19 across the globe led to nationwide lockdowns and disruption in the functioning of several manufacturing plants. Along with that disturbance in the supply and demand chain drastically impacted several industries. During the first wave of Covid 19, slum in the major end use industries, Automotive, Construction, Chemical, Textile, Plastics also affected the market for Polypropylene. However, a surge in the demand was observed as its derivatives such as Polypropylene Glycol, Isopropyl alcohol are used as disinfectant or to produce sanitizers as well as liquid cleaners due to rising hygiene concerns amid pandemics. Additionally, after the exemption of trade restriction and resumption in industrial operations in the second half of 2020, Propylene demand was recovered rapidly due to high demand from end use industries and is expected to swell the demand for Propylene in the forthcoming years.

Region wise, Asia Pacific dominates the market and is expected to boost through 2030 owing rapid industrialization, urbanization, and large consumer base in the region. Moreover, the boom in Automotive sector coupled with the rapid growth in the Construction sector is likely to enhance the demand in APAC. Additionally, China is expected to present the most lucrative market globally being the leading producer of Electronics, Plastics, Textiles, Packaging films etc. Other Countries such as India, Japan and South Korea are also expected to offer substantial growth opportunities in Global market.  

North America and Europe are expected to grow significantly in the upcoming years due to the presence of chemical industries as well as sources of raw materials (Shale Gas) in abundance. Additionally increase in its consumption as an octane booster also going to boost its industry in the upcoming years.

According to ChemAnalyst report, “Propylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Propylene globally include LyondellBasell Industries N.V., The Dow chemical Company, SABIC, BASF SE, Sinopec Corp., BP plc., ExxonMobil Corporation, Shell Plc., Total S.A., Huntsman Corporation, Valero Energy Corp. China Petroleum & Chemical Corporation, IRPC plc. and Reliance Industries Limited among others.

“Propylene is identified as a versatile commodity and Polypropylene production holds the major demand share of the global market and it is anticipated that the growth of polypropylene industry would strongly drive the market in the upcoming years. Its other derivatives such as propylene oxide, acrylic acid, acetone, IPA, polypropylene glycol, cumene etc. have wide range of applications in numerous industries and are also going to boost Propylene demand in the forecast period. Further, rapidly growing Construction and Automotive industry along with Packaging industry can offer lucrative growth opportunities in Global Propylene market. Due to rising environmental concerns, leading Propylene manufacturers are aiming to shift from petrochemical driven Propylene to biobased Propylene to reduce carbon footprint would extend potential prospects for the expansion of Propylene market size in the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Browse Related Reports

Propylene Glycol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Grade, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030.

https://www.chemanalyst.com/industry-report/propylene-glycol-market-87

Cumene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030

https://www.chemanalyst.com/industry-report/cumene-market-55

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Latest Research on Polyalkylene Glycol Market Size & Share 2021 Report Covering COVID-19 Impact Analysis and Forecast to 2027 | Know More

The research report entitled Global Polyalkylene Glycol Market 2021 presents an in-depth and professional analysis of the market also defines the current market trend, size, growth rate and classification of the industry on the basis of products type, application, market key players, key regions and so on. The Polyalkylene Glycol market report summarizes the global market insights that are key drivers for the growth of the Polyalkylene Glycol sales market over the forecast period (2020-2026). This report studies the global market, especially in North America, Europe, China, Japan, South-east Asia, and India, focuses on top manufacturers in the global market, with Revenue, production, price, and market share for each manufacturer, covering (Basf Se, Ineos Group, Clariant Ag, Huntsman International Llc, Idemitsu Kosan Co., Akzonobel N.V, Exxon Mobil, Croda International Plc, Pan Asia Chemical Corporation).

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The Global Polyalkylene Glycol Market 2021 report presents worldwide industry data to the leading management, newcomers, decision makers and traders of exact market insights crucial in evaluating the overall market condition. The Polyalkylene Glycol report contains a tactical study of the major market trends, focuses on company specification that includes restraints, opportunities, driving factors, main challenges and trends in the sales market.

The Polyalkylene Glycol market study report delivers accurate analysis of the market volume, based on the prime segments, revenue, market share, and covers leading geographical regions, forecasting the future trends industry over the forecast period up to 2026. The Worldwide industry report also covers the dominant market players and industry forthcoming trends.

In the Global Polyalkylene Glycol Market research report, we have described every leading industry player, by their financial structure, business revenue generation, rendering company profile, income distribution by industry segments, most recent updates related to market trends, agreements and acquisitions, contact information, latest developments, geographical analysis and more with the help of recent 5 years history data report also focuses on SWOT analysis, volume, innovations, CAPEX cycle and the dynamic structure of the worldwide Polyalkylene Glycol market.

The Leading Manufacturers/Producers included in the Global Polyalkylene Glycol Market Report Are: Basf Se, Ineos Group, Clariant Ag, Huntsman International Llc, Idemitsu Kosan Co., Akzonobel N.V, Exxon Mobil, Croda International Plc, Pan Asia Chemical Corporation

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Geologically, the Polyalkylene Glycol market report analyzes the significant regions, highlighting the productivity (million USD), market share (%), market situation, market size and opportunity in that specific regions. Below regions are covered in the Polyalkylene Glycol report along with their capacity for production.

 • North America (the United States, Canada and, Mexico)  • Europe (UK, Russia, Germany, France, and Italy)  • Asia-Pacific (India, China, Japan, Korea, and South-east Asia)  • South America (Chile, Brazil, Argentina)  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

On the basis of Product Type, the Global Polyalkylene Glycol Market report mainly split into- Polyethylene Glycol (Peg), Polypropylene Glycol (Ppg)

On the basis of Applications/end users, the Global Polyalkylene GlycolMarket divided into- Lubricants, Surface Active Agents, Pharmaceutcal, Personal Care

In this study report, the years considered to predict the Polyalkylene Glycol market size are as follows:

 • History Years of Polyalkylene Glycol Market Report: 2016-2018  • Base Year of Report: 2019  • Estimated Year of Report: 2020  • Forecast Years of Polyalkylene Glycol Market Report: 2020-2026

In general, the report estimates the Global Polyalkylene Glycol Market volumes in million USD and CAGR in (%) over the forecast period 2020-2026, considering 2019 as the base year. The report defines the profit generation through various sectors and explains remarkable investment methods towards the market.

The report also offers key intuition about the market opportunities, an introduction of new products, market driving factors, restraints, geographical landscaping, as well as competitive approaches executed by the key market players. The Polyalkylene Glycol market study report presents a particular stockholder in the industry, consist of market financiers, investors, dealers, product manufacturers and, producers.

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Customizations Available for Polyalkylene Glycol Market:-

With the given market information, We provide customization for the Global Polyalkylene Glycol Market according to the organization's particular needs. The following customization options are available for the Polyalkylene Glycol industry research report:

 • Regional (North and South America, Europe, the Middle East & Africa, Asia-Pacific) and country-level analysis of the market, by end-use.  • Accurate analysis and profiles of other Polyalkylene Glycol market players.

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Non-Woven Fabrics Market Potential Growth, Share, Demand and Analysis of Key Players Research Forecasts to 2027

Non-Woven Fabrics Market Top Key Players

June 2016- Toray Industries Inc. announced to increase the manufacturing capacity of their high performance polypropylene spunbond nonwoven fabric at its Seoul, South Korea based plant. Toray Advanced Materials Korea Inc. construct a plant with a production capacity of 18,000 tonnes per year and this plant is predicted to start operation in April 2018. With this expansion the company will able to meet the growing demand for non-woven fabric market.

April 2016- Mitsui Chemicals Inc. constructed a new high performance nonwoven plant at their Nagoya unit. The construction of this plant started in April 2016 and completed in November 2017. The plant is expected to start operation in March 2018. The plant has an annual capacity of 15,000 tons and aims to meet the growing need of premium diapers. With this capacity expansion, the company solidify its position in the high performance nonwoven market.

March 2016- Fitesa, a leading manufacturer of nonwoven fabrics announced to spend around USD 52 million at its existing operations in Simpsonville. The expansion expected to be completed by fourth quarter of 2017. With this expansion the company will able to meet the increasing demand for non-woven fabrics.

August 2016- Norafin Americas, a part of Germany based Norafin Group planned to locate their first U.S. plant in North Carolina. This project cost around USD 16 Million. This expansion will help company to support their existing customer base in North America and also provide a domestic platform to enable continued future growth.

July 2017- Fiberweb India Limited announced the completion of first phase of expansion program of melt blown line. The company predicted to start operation in August 2017. This strategic decision is estimated to strengthen the position of company in Asia Pacific non-woven fabric market players.

Description: Non-Woven Fabrics Market Global Information: by Material (PP, PE, PET, Bio-Composites), Technology (Dry-Laid, Spunmelt), Function (Disposable, Non-Disposable), Application (Personal Care & Hygiene, Construction, Automotive) and Region Forecast till 2027

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  Keywords:

Non-Woven Fabrics,industry, Non-Woven FabricsMarket, Global Non-Woven Fabrics industry

Non-Woven Fabrics Market Analysis :

Non-Woven Fabric are predominantly utilized in numerous end use industries such as healthcare, consumer goods, consumer, industrial, and others. Non-Woven Fabric market is estimated to witness healthy growth on account of rising construction activities and continuous growth of healthcare sector across the globe.  Among technology segment, spunlaid technology emerged as the leading technology segment and accounted for more than half of the total market share in 2015. In addition, growing construction activities in developed and developing countries is predicted to propel the market growth.

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 Regional Analysis

 Geographically, Asia Pacific emerged as the largest market for non-woven fabric in 2016 and is estimated to retain its dominance over the estimated years owing to increasing demand from healthcare, construction, and industrial sector specifically in China, India, Japan, Vietnam, Malaysia, Thailand, Taiwan, and South Korea.

Furthermore, economic growth in this region along with rapid industrialization has resulted in the raised production and sales of hygienically approved products, which is likely to increase the demand for non-woven fabric in the upcoming years. Furthermore, huge investment by major operating players in their Research & Development activities and shifting of non-woven fabric manufacturing facilities as well as significantly increasing end use industries in this region is predicted to drive the non-woven fabric regional market growth.

North American market is estimated to witness steady growth on account of increasing demand from healthcare and industrial sector. In North America, U.S. and Canada are among the major contributor in the regional market growth due to strong growth of consumer goods and construction sector. Europe is expected to witness significant growth on account of increasing awareness regarding personal hygiene as well as rising consumption of non-woven products. Emerging countries of the Middle East & Africa and Latin America such as Turkey, the United Arab Emirates, Brazil, and Mexico are expected to witness above aver

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