#Global Alkyd Resin Market

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Innovations Driving the Coating Resins Market Growth Through 2031

The coating resins market, spanning 2022-2031, is characterized by a diverse range of resins used in protective and decorative coatings across various industries. Coating resins are key ingredients in producing durable coatings, providing characteristics such as adhesion, hardness, corrosion resistance, and flexibility. They are extensively used in architectural, automotive, industrial, and packaging applications.

The global coating resins market, valued at US$ 40.18 billion in 2021, is projected to grow at a CAGR of 5.2% from 2022 to 2031, reaching an estimated US$ 66.96 billion by 2031. This growth is primarily attributed to the rising construction activities, increasing automotive production, and the growing focus on protective coatings in industrial sectors. Additionally, the shift toward eco-friendly and sustainable coatings due to stringent environmental regulations has further propelled market expansion.

Increase in expandable income and focus on standard of living has increased the usage of paint & coating, which in turn is estimated to boost the coating and paint industry. Several manufacturers are looking forward to providing environmentally friendly products and processes for a wide range of industries. These factors are expected to propel the coating resins market in the next few years.

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Market Segmentation

By Resin Type:

Acrylic Resins

Alkyd Resins

Polyester Resins

Epoxy Resins

Polyurethane Resins

Others (Vinyl resins, Silicone resins, etc.)

By Technology:

Waterborne Coatings

Solventborne Coatings

Powder Coatings

UV-cured Coatings

By Application:

Architectural Coatings

Automotive Coatings

Industrial Coatings

Packaging Coatings

Wood Coatings

Others

By End-Use Industry:

Construction

Automotive

Industrial Manufacturing

Packaging

Aerospace

Marine

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

Asia-Pacific: Dominates the market due to rapid industrialization, increasing construction activities, and expanding automotive sectors in China, India, and Japan. The region accounted for the largest market share in 2022, with strong growth expected through 2031.

North America: The U.S. and Canada are key markets driven by advanced manufacturing and automotive sectors. Strict environmental regulations promoting the use of eco-friendly coatings further fuel growth.

Europe: The region is witnessing growth in green coatings due to stringent environmental laws, particularly in countries like Germany, France, and the UK. The automotive and industrial sectors are significant contributors.

Latin America and Middle East & Africa: These regions are expected to experience moderate growth, with increased construction activities and industrialization playing vital roles.

Market Drivers and Challenges

Drivers:

Rising Demand for Environmentally Friendly Coatings: Growing awareness regarding sustainability and stringent government regulations have driven the adoption of waterborne, powder, and UV-cured coatings, which contain fewer volatile organic compounds (VOCs).

Expanding Construction and Automotive Industries: Increased construction activities and vehicle production, especially in emerging economies, are boosting the demand for high-performance coating resins.

Technological Advancements: Innovations in resin technologies, such as bio-based resins and high-solid content formulations, are enhancing product performance and sustainability.

Challenges:

Fluctuating Raw Material Prices: Volatility in the prices of raw materials like petrochemicals impacts the production cost of coating resins.

Environmental Regulations: Compliance with stringent environmental laws, particularly in developed regions, adds to operational challenges for manufacturers, particularly in terms of VOC emissions.

Market Trends

Growing Preference for Sustainable Coatings: The shift toward bio-based and eco-friendly coatings continues to shape the market. Waterborne and powder coatings are gaining traction due to their low VOC emissions.

Rise of Smart Coatings: Smart coatings with self-healing and anti-corrosive properties are seeing increased application in industries like automotive and construction, driving demand for advanced resins.

Increased Demand for UV-Curable Coatings: These coatings, known for fast curing times and enhanced performance, are becoming more popular, particularly in automotive and electronics applications.

Future Outlook

The coating resins market is expected to maintain steady growth over the forecast period, supported by advancements in green coating technologies and the increasing demand from emerging markets. Government initiatives promoting eco-friendly products and investments in infrastructure and automotive sectors will continue to drive growth.

Key Market Study Points

Focus on eco-friendly coating resins, especially bio-based and waterborne types, will dominate the market.

Technological advancements in resin formulations will enhance the durability and efficiency of coatings, supporting diverse applications.

Asia-Pacific will remain the largest regional market, followed by North America and Europe.

Smart coatings and UV-cured resins will be among the fastest-growing segments, driven by innovation in high-performance coatings.

Competitive Landscape

The global coating resins market is highly competitive, with key players focusing on innovation and sustainability to maintain market share. Major companies include:

BASF SE

Dow Inc.

Allnex Netherlands B.V.

Arkema S.A.

Covestro AG

DSM N.V.

Evonik Industries AG

These companies are involved in product launches, mergers, and collaborations to strengthen their market position. For instance, BASF and Arkema have been focusing on expanding their waterborne and bio-based resin portfolios to meet rising demand for sustainable coatings.

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Recent Developments

In 2022, Allnex introduced a new range of UV-cured resins designed for automotive and industrial applications, emphasizing fast curing and low VOC emissions.

BASF expanded its production capacity for waterborne coatings in China to cater to the growing demand in the Asia-Pacific region.

DSM launched a bio-based resin series aimed at sustainable coatings, aligning with global trends toward greener products.

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Pentaerythritol Prices | Pricing | Trend | News | Database | Chart | Forecast

 Pentaerythritol prices is a white crystalline compound commonly used in the production of alkyd resins, synthetic lubricants, plasticizers, and varnishes. Its price trends are influenced by several key factors, including raw material costs, production methods, supply-demand dynamics, and market competition. Over the years, pentaerythritol prices have seen significant fluctuations, largely driven by the cost of its primary raw materials, such as formaldehyde and acetaldehyde, and the complexities involved in its production process.

One of the major factors affecting pentaerythritol prices is the availability and cost of raw materials. The production of pentaerythritol requires a stable supply of raw materials, such as formaldehyde, which is derived from methanol, and acetaldehyde. Any disruption in the supply chain of these essential components, such as changes in methanol prices, can directly impact the cost of producing pentaerythritol. For example, fluctuations in crude oil prices, a major determinant in methanol production, can ripple through the supply chain, leading to price volatility. Furthermore, changes in energy costs, transportation, and labor costs also play a significant role in determining the overall cost of producing pentaerythritol, which, in turn, affects its market price.

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Another critical factor in determining pentaerythritol prices is market demand. Pentaerythritol is widely used in various industries, including the coatings, adhesives, and lubricant industries, among others. The growth of these industries, driven by increased industrialization and consumer demand, directly impacts the demand for pentaerythritol. For instance, in regions with a growing construction and automotive sector, the demand for pentaerythritol tends to rise, subsequently driving up prices. On the other hand, any slowdown in these sectors or the introduction of alternative products that can replace pentaerythritol in specific applications could lead to a decrease in demand, thereby stabilizing or even lowering prices.

The global pentaerythritol market is highly competitive, with several key players dominating the landscape. Major producers of pentaerythritol are located in regions like Asia-Pacific, Europe, and North America. The competition among these producers influences the pricing strategy adopted by companies. In some cases, producers may lower prices to gain a competitive edge in the market, while in other cases, prices may be increased to reflect higher production costs. Furthermore, regional price variations exist due to differences in raw material availability, production costs, and local market conditions. For example, in regions where the production of pentaerythritol is concentrated, prices may be lower due to economies of scale and lower transportation costs. Conversely, in regions where pentaerythritol is imported, prices may be higher due to shipping and logistics expenses.

Additionally, regulatory factors can impact pentaerythritol prices. Governments in various countries impose regulations on chemical production and environmental standards, which can affect production costs. For instance, stricter environmental regulations may require companies to invest in cleaner technologies or adopt more expensive processes to reduce emissions and waste during the production of pentaerythritol. Such regulations can drive up the overall cost of production, which, in turn, is reflected in the final product price. On the other hand, in regions with more lenient regulations, the cost of producing pentaerythritol may be lower, leading to more competitive pricing.

Trade policies and tariffs also have a considerable impact on the pentaerythritol market. Countries that impose tariffs or restrictions on the import or export of pentaerythritol can influence global price trends. For example, if a major producer country imposes tariffs on pentaerythritol exports, the supply of pentaerythritol in other regions may decrease, leading to higher prices in those markets. Similarly, trade restrictions or geopolitical tensions between countries can disrupt the supply chain, leading to price volatility.

Sustainability trends are increasingly shaping the pentaerythritol market. As consumers and industries become more environmentally conscious, there is a growing demand for green chemicals and sustainable production methods. This shift has prompted manufacturers to explore eco-friendly alternatives to traditional chemical production processes. While the development of sustainable pentaerythritol production methods may increase costs in the short term, the long-term benefits include reduced environmental impact and potential savings from energy-efficient processes. However, the transition to greener production methods can affect pentaerythritol prices, as companies may pass on the costs of these investments to consumers.

The impact of global economic conditions on pentaerythritol prices cannot be overlooked. Economic slowdowns, recessions, or inflationary pressures can dampen industrial activity, reducing the demand for pentaerythritol and, consequently, lowering its price. Conversely, periods of economic growth and industrial expansion can drive up demand, leading to higher prices. Additionally, exchange rate fluctuations can affect the price of imported raw materials and finished products, further influencing pentaerythritol prices in different regions.

Technological advancements in chemical production have the potential to affect pentaerythritol prices by improving production efficiency and reducing costs. Innovations in production methods, such as the development of more efficient catalysts or process optimization techniques, can lower the energy and raw material requirements for producing pentaerythritol, leading to cost savings for manufacturers. As these cost reductions are passed on to consumers, pentaerythritol prices may become more competitive in the global market.

In conclusion, pentaerythritol prices are influenced by a complex interplay of factors, including raw material costs, market demand, competition, regulatory frameworks, trade policies, sustainability trends, global economic conditions, and technological advancements. While short-term price fluctuations are common due to changes in supply and demand dynamics, long-term trends are shaped by broader economic and industry factors. As industries continue to evolve and new technologies emerge, the pentaerythritol market will likely see further changes in pricing patterns, with producers and consumers needing to adapt to these shifts.

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2K Protective Coatings Market worth $10.8 billion by 2025

The report "2K Protective Coatings Market by Resin Type (Epoxy, Polyurethane, Alkyd, Acrylic), End-use Industry (Oil & Gas, Petrochemical, Marine, Cargo Containers, Power Generation, Water and Waste Treatment), Application, and Region – Global Forecast to 2025" The global 2K protective coatings market size will grow to USD 10.8 billion by 2025 from USD 8.6 billion in 2020, at a CAGR of 4.8% during the 2020-2025 period. The use of 2K protective coatings in offshore structures/oil & gas exploration, production, and transmission and civil building & infrastructure is expected to increase in APAC in the next five years.

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Epoxy is projected to be the largest resin type of the 2K protective coatings market.

Epoxy is the largest resin type in 2K protective coatings market in terms of volume. The properties of epoxy-based coatings can be enhanced by adding additives and modifiers to meet the required specifications. They are hard and offer resistance to humidity, abrasion, water, acid, alkali, and seawater. They possess low volatility and are water cleanable. These properties make these coatings ideal for use in metallic surfaces such as cast iron and aluminum. Epoxy-based coatings are also applied on floors that are prone to heavy foot and vehicle traffic. Fusion bonded epoxy powder coatings are used for corrosion protection in steel pipes and fittings in the oil & gas industry and water transmission lines.

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Civil building and infrastructure is the fastest-growing pigment type of the 2K protective coatings market.

Civil building and infrastructure is the fastest growing end-use industry in 2K protective coatings market, in terms of volume. The main purpose of 2K protective coatings is to protect structures from solvents, dust, fungi, corrosion, humidity, and other threat that may affect the stability and functionality of the structures. 2K protective coatings also provide waterproofing solutions, thereby preventing water leakages. 2K protective coatings act as a protective barrier that enables structures such as buildings, dams, wells, bridges, floors, wood finishes, and exterior & interior walls to function in demanding environments and situations.

APAC is the largest 2K protective coatings market globally.

APAC is projected to lead the 2K protective coatings market and this dominance is expected to continue till 2025. China is the key market in the region, consuming close to half of the demand for 2K protective coatings. The region is seen as a lucrative market for the growth of 2K protective coatings. Increasing foreign investments increases the overall demand for 2K protective coatings. Apart from major countries such as China, India, Japan, and South Korea, countries like Taiwan and Thailand are gathering attention and are growing at a brisk pace.          

The key players profiled in the 2K protective coatings market report are AkzoNobel N.V. (Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Jotun A/S (Norway), Hempel A/S (Denmark), Chugoku Marine Paints Ltd. (Japan), Nippon Paints Holdings Co. Ltd. (Japan), Kansai Paint Co., Ltd. (Japan), Sika AG (Switzerland), and RPM International Inc. (US).

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Alpha-methylstyrene (AMS) Market Insights and Global Outlook 2024-2030

Global Info Research’s  report offers key insights into the recent developments in the global Alpha-methylstyrene (AMS) market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help them make informed decisions. Furthermore, the research report includes qualitative and quantitative analysis of the market to facilitate a comprehensive market understanding.This Alpha-methylstyrene (AMS) research report will help market players to gain an edge over their competitors and expand their presence in the market.

Alpha-methylstyrene (AMS) is a co-product produced in parallel from the phenol reaction which is produced by the partial oxidation of cumene. Alpha-methylstyrene (AMS) is an intermediate chemical used in the manufacturing of plasticizers, resins, and in many polymerization production processes. According to our (Global Info Research) latest study, the global Alpha-methylstyrene (AMS) market size was valued at US$ 431 million in 2023 and is forecast to a readjusted size of USD 551 million by 2030 with a CAGR of 3.6% during review period. Global Alpha-methylstyrene (AMS) key players include Ineos Phenol GmbH, AdvanSix, Cepsa Chemicals, Kumho P&B Chemicals, etc. Global top five manufacturers hold a Production Share over 50%. Europe accounts for the most Production Market Share, which have a share over 50%, followed by North America. In terms of product, Assay above 99.5% is one of the segment, with a Production Share over 10%. And in terms of application, the largest application is Resins (ABS/Polyester/Alkyd), followed by Plasticizers. This report is a detailed and comprehensive analysis for global Alpha-methylstyrene (AMS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

We have conducted an analysis of the following leading players/manufacturers in the Alpha-methylstyrene (AMS) industry: Ineos Phenol GmbH、AdvanSix、Altivia、Cepsa Chemicals、DOMO Chemicals、Versalis (Eni)、Rosneft (SANORS)、China Taiwan Prosperity Chemical、Mitsubishi Chemical、Kumho P&B Chemicals、SI Group、Prasol Chemicals、Solvay、Mitsui Chemicals、LG Chem、Jiangsu Evergreen New Material Technology、China Blue Star Harbin Petrochemical Report analysis: The Alpha-methylstyrene (AMS) report encompasses a diverse array of critical facets, comprising feasibility analysis, financial standing, merger and acquisition insights, detailed company profiles, and much more. It offers a comprehensive repository of data regarding marketing channels, raw material expenses, manufacturing facilities, and an exhaustive industry chain analysis. This treasure trove of information equips stakeholders with profound insights into the feasibility and fiscal sustainability of various facets within the market. Illuminates the strategic maneuvers executed by companies, elucidates their corporate profiles, and unravels the intricate dynamics of the industry value chain. In sum, the Alpha-methylstyrene (AMS) report delivers a comprehensive and holistic understanding of the markets multifaceted dynamics, empowering stakeholders with the knowledge they need to make informed decisions and navigate the market landscape effectively. Conducts a simultaneous analysis of production capacity, market value, product categories, and diverse applications within the Alpha-methylstyrene (AMS) market. It places a spotlight on prime regions while also performing a thorough examination of potential threats and opportunities, coupled with an all-encompassing SWOT analysis. This approach empowers stakeholders with insights into production capabilities, market worth, product diversity, and the markets application prospects. Assesses strengths, weaknesses, opportunities, and threats, offering stakeholders a comprehensive understanding of the Alpha-methylstyrene (AMS) markets landscape and the essential information needed to make well-informed decisions. Market Size Estimation & Method Of Prediction

Estimation of historical data based on secondary and primary data.

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

  Request Customization of Report@ https://www.globalinforesearch.com/contact-us About Us: Global Info Research is a company that digs deep into Global industry information to Alpha-methylstyrene (AMS) enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the Global region to Alpha-methylstyrene (AMS) enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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Exploring the Resilience of the PTBBA: An Analysis of Size, Growth, and Scope Leading Up to 2031

Summary: 

With a focus on sustainability till 2031, the PTBBA market is predicted to develop and stay robust because to its various uses and responsiveness to environmental laws. 

Para tertiary butyl benzoic acid (PTBBA) is chemically 98-73-7, which keeps finding its importance and utility in chemical compounds. The versatile and more stable additives used constantly in industries make the market grow considerably for PTBBA. The present research tends to reflect on the resiliency of PTBBA in terms of market size, growth path, and potential share up to the year 2031. 

Market Size and Demand Drivers 

PTBBA is already established in the world market, and it has been used importantly in manufacturing procedures such as alkyd resins, which make up protective coatings and paints. Its market size is continuously growing, and it’s now an indispensable part of the rapidly growing construction and automotive industries. Its versatility as a preservative and intermediate in synthesizing other chemical compounds further increases its market standing. 

Growth Trajectory 

The potential of PTBBA is immense, which is evidenced by the impressive growth trajectories, as forecasts point out that demand for the product will continue rising until 2031. The primary growing applications of PTBBA in new industrial areas, such as pharmaceuticals and cosmetics, are spearheading growth within the industry. Its quality as a synthetic intermediate for making high-performance plastics also provides enormous opportunities in technology-intensive sectors, which underlines its importance in modern manufacturing. 

Geographical Scope 

This demand is not homogenous concerning geographic regions, and Asia-Pacific currently leads in consumption regarding PTBBA. The fact that considerable industrial growth in the area, particularly in China and India, where manufacturing industries are burgeoning, tends to explain this surge in demand. Other significant markets for para tertiary butyl benzoic acid include North America and Europe, in the stable stages of growth and development, mainly due to technological development and increasingly strict implementation of environmental regulation. 

Challenges and Resilience 

Although the market for PTBBA seems promising, raw materials are exposed to highly fluctuating prices, and there are regulatory pressures due to environmental impact. However, this industry has proven to be very resilient in adapting through innovation and sustainable practice. An essential factor is that manufacturing units are continuously looking at greener synthesis routes and recycling processes to reduce environmental impact and comply with existing regulations throughout the world. 

The Road to 2031  

Looking out to 2031 and far beyond, the vista for PTBBA is so much bigger. It will be one of the essential precursors for sustainable product lines from a green chemistry perspective. Persistent efforts on the part of the companies are going to be continuously made to make the overall process of para tertiary butyl benzoic acid production more efficient with a lesser environmental footprint. Growth is eventually on the run toward more lenientness in the market, with PTBBA moving toward increased growth with sustainability.  

Overall, the PTBBA market has been dynamic and resilient, driven by applications and innovative adaptations. The year 2031 is nearby, and PTBBA forms a compound of substantial industrial importance, capable of further growing. These continued relevances reflect its resilience and pivoted importance amidst the challenging landscape of the global chemical industry. 

Resource Box: 

Vinati Organics is a prominent manufacturer and supplier of Para Tertiary Butyl Benzoic Acid (PTBBA), a versatile organic chemical utilized in medicines, cosmetics, and automobiles. 

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Waterborne Coatings Market Overview

The Waterborne Coatings Market size is projected to reach US$112.8 billion by 2027, after growing at a CAGR of 5.9% during the forecast period 2022-2027. Waterborne Coatings are generally preferred over other conventional ones since these contain close to 80% water content, which makes them environmentally friendly. Waterborne coatings are often employed in the building & construction and automotive industry, which is supporting the Waterborne Coatings industry's growth. According to the International Organization of Motor Vehicle Manufacturers (OICA), global automotive production increased from 77,621,582 units in 2020 to 80,145,988 units in 2021. The rapid growth of the building & construction and automotive industry has increased the demand for environmentally friendly waterborne coatings, which fuels the market growth. Several end-use industries in the Waterborne Coatings industry suffered negative effects as a result of the novel coronavirus pandemic, which had a direct impact on the Waterborne Coatings Market size in the year 2020.

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Waterborne Coatings Market Report Coverage

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

By Resin Type: Acrylic, Epoxy, Polyester, Polyurethane, Vinyl Acetate, Alkyd, Polytetrafluoroethylene, Polyvinylidene Fluoride, Polyvinylidene Chloride and Others. By End-use Industry: Aerospace (Commercial Aircrafts, Military Aircrafts and Others), Automotive [Passenger Vehicles (PVs), Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs)], Marine (Cargo, Passenger and Others), Locomotive (Electric and Diesel), Building and Construction (Residential, Commercial, Industrial and Infrastructural), Paper & Pulp, Packaging, Wood & Furniture and Others. By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa)

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Water-Based Pigment Inks For Textile & Apparel Market - Forecast(2024 - 2030)

Water-Based Pigment Inks For Textile & Apparel Market Overview

Water-Based Pigment Inks For Textile & Apparel Market size is expected to be valued at $272.0 million by the end of the year 2026 and is set to grow at a CAGR of 5.3% during the forecast period 2021-2026. Water-based pigment ink contains pigments in a colloidal suspension with water as solvent. In comparison to other types of pigment inks, water-based pigment inks produce brighter colors and also provide light-fastness. The water-based pigment inks come in larger particle levels and therefore, it is not easily decomposed by the light. Water-based pigment inks tend to resist water and UV light better than dye-based ink and can restrain from fading for a longer period. The increasing adoption of water-based pigment inks owing to their economical uses and the growth surge of the textile industry is also contributing to the growth of the Water-Based Pigment Inks For Textile & Apparel Market. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

COVID-19 impact

Amid the Covid-19 pandemic, the water-based pigment inks market was hugely affected, owing to the various legal and economic restrictions laid by governments across the world. The decline in the growth of the related industries is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Indian textile and apparel exports in 2020-2021 are almost 13% less (in dollar terms) than the previous year, provisional data available with the Cotton Textiles Export Promotion Council shows. The exports were worth US$29 billion last year as against US$34 billion in 2019-2020. According to the National Council of Textile Organizations (NCTO), the U.S. textile and apparel shipments decreased from US$75.8 billion in 2019 to US$64.4 billion in 2020. This is majorly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. 

Report Coverage 

The report: “Water-Based Pigment Inks For Textile & Apparel Market– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Water-Based Pigment Inks for Textile & Apparel Industry.

By Resin Type: Acrylic, Alkyd, Epoxy, Polyamide, Hydrocarbon, Melamine, Maleic, Shellac, and Others.

By Pigment Type: Organic Pigment, Inorganic Pigment (White [Titanium Dioxide, Zinc Oxide, Zinc Sulfide and Others], Colored [Chrome Yellow, Molybdenum Orange, Iron Red and Others], Black, Metallic, and Others.

By Application: T-shirts, Signage Flags, Home Furnishing Fabrics, Sports Apparel, Fashion Textile and Others.

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

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Key Takeaways

Asia-Pacific market held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market owing to increase in investments in the textile industry and growth of the textile industry.

Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market.

The growth in the textile industry is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

Amid the Covid-19 pandemic, the Water-Based Pigment Inks For Textile & Apparel Market were majorly affected in terms of sales and distribution during the global pandemic. The situation is however set to improve by the end of the year 2021.

Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis –By Resin Type

Acrylic segment held the largest share of 38% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020. Acrylic based pigments are water-based pigments and is produced through the process of rheology. It is mostly used on textile substrates such as cotton/polyester combined fabric, cotton fabric and other textile materials. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. This will exponentially increase the demand for acrylic segment in the Water-Based Pigment Inks For Textile & Apparel Market.

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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Pigment Type

Inorganic pigment segment held the largest share of 59% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 4.89% during the forecast period 2021-2026. The color pigment inks, especially chrome yellow garnered the most demand owing to its power of lightfastness. Chrome yellow consists of lead chromate and solid solutions of lead chromate and lead sulfate, which reacts to acid and alkalis and changes color accordingly. Reaction of chrome yellow with acid leads to the formation of orange dichromate ion and the reaction with alkali leads to the formation of pale-yellow chromate ion. Chrome yellow is a crystalline mineral consisting of lead chromate which can vary in hue from primrose yellow to orange. The yellow chrome pigments consist of fine particles that are dense and opaque. This is driving the demand for inorganic pigment in the Water-Based Pigment Inks For Textile & Apparel Market.

Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Application

Fashion textile segment held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 6.0% during the forecast period 2021-2026. The increase in the use and production of fashion textiles in the recent days is one of the major factors driving the demand for Water-Based Pigment Inks For Textile & Apparel Market. According to World Resource Institute, 20% of water pollution comes from the traditional textile coloration. Whereas the use of water-based pigment inks is eco-friendly, eliminates VOC emissions due to which manufacturers are leaning towards water-based printing ink which is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Geography 

Asia-Pacific region held the largest share of 37% in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, and is growing with a CAGR of 6.2% during the forecast period 2021-2026. According to data released to the Global Times by e-commerce giant Alibaba in China, clothing products were the best performer in the second half of the year 2020, climbing from ninth to fourth place on a list of the most popular product categories. The amount of apparel sold on Alibaba.com increased by 274 percent year over year in September, with the number of purchasers increasing by 266 percent. Furthermore, the textiles and apparel industry in India accounts for 13% of industrial production and 12% of export revenues, with a GDP contribution of 2.3%. The Ministry of Industry and Commerce of Paraguay stated in February 2021 that it will invest US$1.1 million in the manufacturing sector, primarily helping the apparel, textiles, and footwear industries, as well as other assembly operations. According to a recent report by the Australian Fashion Council (AFC), the Australian fashion and textile industry contributed more than US$18.6 billion (Au$27.2 billion) to the country's GDP in 2020-21. This is driving the Water-Based Pigment Inks For Textile & Apparel Market in the Asia-Pacifc region.

Water-Based Pigment Inks For Textile & Apparel Market Drivers

Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market

Water-based pigment inks has more advantages such as improved plant safety and a significantly lower environmental impact as compared to other types of pigment inks. Water-based pigment inks provide viable solutions to rather complicated problems in the textile industry such as pattern printing, dye ink absorption into the fibre and others. The usage of water-based pigment inks also poses less environmental threat as water-based ink pigments usually contains large volumes of water and a substantially lower content of (>1%) volatile organic compounds as compared to other types of pigment inks. This also makes water-based pigment inks to be easily stored, without much damage to the surroundings. Water-based pigment inks absorbs better than solvent-based pigment inks and thus gives consistent pigment to the fabric. Water-based pigment inks are also inflammable as compared to solvent-based pigment inks. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

Water-Based Pigment Inks For Textile & Apparel Market Challenges

Volatile price of water-based pigment ink is significantly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market

The volatile prices of the various raw materials used in manufacturing water-based pigment inks is one of the major challenges restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Allnex, a global producer of industrial coating resins and additives, increased the prices of solvent borne and waterborne acrylics resins in Europe, Middle East and Africa during March 2021. This price hike further increased the price of critical raw materials, leading to an increase to US$0.18 /Kg (€/0.15 kg). Thus, the cost of raw materials is continuously increasing or fluctuating because of factors such as transportation & logistics, increasing demand, depletion of natural resources and more, which is affecting the price of water-borne pigment inks. Furthermore, in March 2021, the British Coatings Federation (BCF) has warned that a lack of critical raw materials and packaging, as well as major price hikes, could be the most pressing challenges for the coatings and printing ink industries in 2021. Thus, the volatility and increase in prices of raw materials such as titanium dioxide, acrylic, epoxy, polyamide and more is expected to create a significant challenge for the water-borne pigment inks market manufacturers during the forecast period. 

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The curing time, printing speed, and cost restriction of water-based pigment inks is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market

As much as water-based pigment inks has advantages, it also has various disadvantages such as high cost, more curing time, and printing speed restriction. This is limiting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. When compared to solvent based pigment inks, water-based pigment inks take significantly longer time to cure. During the curing phase, water-based pigment inks are more vulnerable to effect of environmental conditions, such as temperature and humidity. Hence, solvent-based resins are preferred for applications in humid environments that don't allow water-based pigment inks to cure properly. Also, solvent-based pigment inks are typically more resilient than water-based resins during the curing of the coating. According to the Lawson Screen & Digital Products, Inc., water-Based Ink can be more expensive and it doesn't work well dark colored garments because of its lack of opacity and bleed-resistance. In addition, the capital and fixed costs of switching from solvent-based to water-based technology are significant. Hence, solvent-based resins are still widely used by small-scale businesses in developing countries. Furthermore, due to the high surface energy of the water component, water-based pigment inks cannot wet and print smoothly on textile and apparel materials. According to the Ink Intelligence LLC, in the modern textile printing, the biggest challenge for water-based inks is to keep up with the high press speeds (in excess of 1000 ft/min) commonly in place for solvent inks. This is restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market.

Water-Based Pigment Inks For Textile & Apparel Market Industry Outlook

Acquisitions and mergers, production expansion, facility expansion collaborations, partnerships, investments, are some of the key strategies adopted by players in the Water-Based Pigment Inks For Textile & Apparel Market. Major players in the Water-Based Pigment Inks For Textile & Apparel Market are:

Sun Chemical

DuPont de Nemours, Inc.

Huntsman Corporation

INX International Ink Co.

Mimaki Engineering Co., Ltd.

Avient Corporation

Huber Group

Spectrachem

Velvet Jet

Molkem

Inknovators

Achitex Minerva Group

Livingink

Virusinks

Covestro AG

Acquisitions/Technology Launches

In June 2021, Sun Chemical and DIC Corporation finalized the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE), a strategic partner which aims for high growth and high added value by expanding functional pigments into niche applications.

In June 2019, Huntsman Corporation launched a water-based digital ink “Novacron Advance. The product is used in cellulosic and polyester/cotton blends.

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Itaconic Acid Market Analysis: Key Insights and Future Outlook

Introduction Methylenesuccinic acid is an organic dicarboxylic acid produced as an intermediate metabolite by certain fungi during glucose fermentation. With the chemical formula C5H6O4, methylenesuccinic acid has two carboxyl groups that make it highly reactive and versatile for chemical applications. Its production from renewable biomass via fermentation also makes methylenesuccinic acid attractive as a sustainable building block. Applications in Specialty Polymers One major use of itaconic acid is in the production of specialty polymers. Its two carboxyl groups allow it to act as a comonomer in polymerization reactions. When copolymerized with acrylic acid or other monomers, methylenesuccinic acid introduces desirable properties like hydrophilicity, permeability, and acidity into the final polymers. Such methylenesuccinic acid copolymers find widespread use as superabsorbents in hygiene products, thickeners in industrial applications, and biodegradable materials. They are also being explored for new applications in fuel cells, adhesives, coatings and ion-exchange resins. Intermediate for Synthetic RESINS Besides direct applications, methylenesuccinic acid also enables the production of many important intermediates and final products. It undergoes thermal decarboxylation to form styrene, a precursor to polystyrene plastics. Via acidolysis with polyols, methylenesuccinic acid can make reactive polyester resins used as binders, coatings or matrices. Dimerization to produce citraconic anhydride opens new routes for epoxy and alkyd resins essential to paints, varnishes and construction materials. With techniques like selective hydrogenation, methylenesuccinic acid can even yield substituted furan derivatives and other platform chemicals with wide scope in the agrochemical and pharmaceutical industries. Sustainable Chemical Building Block As industries transition towards renewable, sustainable bio-based options, itaconic acid displays immense potential. It serves as an ideal building block - with its versatile functional groups, biodegradability, and production from abundant biomass. Global production capacities are scaling up to serve diversifying applications. Meanwhile, metabolic engineering pushes yields and titers higher. Methylenesuccinic acid exemplifies how sustainable biomanufacturing and green chemistry principles can yield platform chemicals previously derived from petrochemicals. This opens up new pathways for more environmentally benign products meeting society's needs well into the future.

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Pentaerythritol (PENT) Prices Trend, Monitor, News, Analystics & Forecast | ChemAnalyst

Pentaerythritol (PENT) prices, indicative of the cost of this versatile chemical compound, are subject to fluctuations influenced by various factors such as global market dynamics, industrial demand, and production costs. Understanding these price movements entails a comprehensive analysis of supply and demand dynamics, raw material availability, and macroeconomic indicators.

The pricing of pentaerythritol is significantly influenced by the balance between supply and demand within industries such as paints and coatings, adhesives, plastics, and explosives. Pentaerythritol, valued for its role as a key ingredient in the production of alkyd resins, polyurethanes, and explosives, is essential in various applications ranging from surface coatings to plasticizers and munitions. Disruptions in the supply chain, such as fluctuations in raw material availability, production capacity, or transportation logistics, can impact the availability and cost of pentaerythritol, thereby influencing its market price.

Industrial demand plays a pivotal role in determining pentaerythritol prices. Industries such as paints and coatings rely heavily on pentaerythritol for its ability to impart durability and flexibility to coatings, while the plastics industry utilizes it as a key component in the production of plasticizers and flame retardants. Fluctuations in demand from these sectors, influenced by factors such as construction activity, automotive production, and consumer spending, can lead to price volatility for pentaerythritol.

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Raw material costs significantly impact pentaerythritol prices. The price of raw materials such as formaldehyde and acetaldehyde, which are used in pentaerythritol production, can fluctuate due to changes in global supply and demand dynamics, feedstock availability, and energy costs. Any significant increase in raw material costs can translate into higher production costs for pentaerythritol manufacturers, thereby exerting upward pressure on prices.

Macroeconomic indicators, such as GDP growth, industrial output, and construction activity, can indirectly affect pentaerythritol prices by influencing overall demand for products containing pentaerythritol. Economic expansions tend to drive demand for pentaerythritol-intensive products such as paints, adhesives, and explosives, thereby supporting higher prices. Conversely, economic downturns or uncertainties may lead to reduced demand and downward pressure on pentaerythritol prices.

Regulatory changes and environmental considerations also play a role in shaping pentaerythritol prices. Government regulations on chemical safety, environmental standards, and product labeling can impact production costs and market access for pentaerythritol manufacturers. Compliance with these regulations may require investments in research, testing, and compliance measures, influencing pricing dynamics.

Looking ahead, several factors are expected to continue influencing pentaerythritol prices. Continued growth in sectors such as construction, automotive, and consumer goods, coupled with increasing demand for sustainable and high-performance materials, is likely to drive sustained demand for pentaerythritol. Moreover, advancements in production technologies and shifts in consumer preferences could lead to changes in market dynamics and price levels for pentaerythritol.

In conclusion, pentaerythritol prices are subject to a complex interplay of factors including supply and demand dynamics, industrial trends, raw material costs, regulatory changes, and macroeconomic indicators. Stakeholders in industries reliant on pentaerythritol, such as paints and coatings, plastics, adhesives, and explosives, must closely monitor these factors to anticipate price movements and make informed decisions. As industries evolve and regulatory requirements change, navigating the dynamic landscape of pentaerythritol pricing will remain a key challenge for industry participants.

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Electrical Insulating Varnishes Market: Global Demand Analysis & Opportunity Outlook 2037

Research Nester has released a report titled “Electrical Insulating Varnishes Market: Global Demand Analysis & Opportunity Outlook 2037” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.   

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Rising Demand for Energy Efficiency to Boost the Growth of Electrical Insulating Varnishes Market

The global electrical insulating varnishes market is set to rise owing to growing demand for energy efficiency. With the surging advancement in electrical & electronics components the need for decisive and effective insulation solutions is rising. Consequently, the usage of electrical insulating varnishes is rising to captivate this need by offering improved thermal properties, longevity, and environmental resistance. Industries who are in search for enhanced attainment and energy efficiency which includes robotics and consumer electronics are notably depending on these advanced materials.

Moreover, to develop grids more modernized, there has been growing deployment of cutting-edge technology, equipment and controls for communication and working together to offer electricity more effectively. This is additionally projected to lower the frequency of outrage of power and effects of storm or renew electricity quickly when outrage occurs.

By material, the market for electrical insulating varnishes is segmented into epoxy resins, polyester resins, alkyd resins, polyurethane resins, silicone resins, acrylic resins, and others. Out of these segments, the epoxy resins segment is predicted to gather the highest revenue of USD 1.13 billion by the end of 2037. This is because epoxy resins are considered for their resistivity and toughness to protect the component from chemical and environmental degradation. Additionally, even though the cost of epoxy powder coating is predicted to be more as compared to the traditional insulation techniques which include tape and varnishes, it provides considerable cost savings.

By region, the North America market for electrical insulating varnishes is estimated to have significant growth in the market over the forecast period. In North America, countries including the United States and Canada are poised to have the largest growth opportunities. Moreover, the investment in smart cities initiatives is additionally experiencing a rise in this region which is further estimated to encourage market growth.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. 

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Bio-Based 1,6-Hexanediol Market to eyewitness massive growth 2024-2030 

Bio-Based 1,6-Hexanediol Market to eyewitness massive growth 2024-2030 

Global Bio-Based 1,6-Hexanediol Market, Bio-Based 1,6-Hexanediol Market Demand, Bio-Based 1,6-Hexanediol Market Trends, Bio-Based 1,6-Hexanediol Market Analysis, Bio-Based 1,6-Hexanediol Market Growth, Bio-Based 1,6-Hexanediol Market Share, Bio-Based 1,6-Hexanediol Market Forecast, Bio-Based 1,6-Hexanediol Market Challenges, Bio-Based 1,6-Hexanediol Market Opportunity 

Latest Study on Industrial Growth of Global Bio-Based 1,6-Hexanediol Market  Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Bio-Based 1,6-Hexanediol Market Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. 

Some of the Major key players profiled in the study are :   BASF SE, Prasol Chemicals Pvt. Ltd., LANXESS, Perstorp, UBE INDUSTRIES, LTD.. 

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Scope of the Report of Bio-Based 1,6-Hexanediol Market :  Bio-based 1,6 Hexanediol refers to a type of hexanediol derived from renewable biomass sources, typically plants or plant-based materials. Hexanediol is a chemical compound used primarily as a precursor in the production of various polymers, coatings, adhesives, and other industrial products. Bio-based 1,6 Hexanediol offers an environmentally friendly alternative to traditionally produced hexanediol, which is typically derived from fossil fuels. The market for bio-based 1,6 Hexanediol encompasses the production, distribution, and consumption of this sustainable chemical compound, driven by growing awareness and demand for eco-friendly alternatives in various industries. 

Market Drivers:  Application in making Acrylates and Polymer Resins will drive the market growth.The 1,6 Hexanediol market is primarily driven by the rising demand for acrylates, and plasticizers 

Have Any Questions Regarding Global Bio-Based 1,6-Hexanediol Market Report, Ask Our Experts@ https://intellectmarkets.com/report/bio-based-1-6-hexanediol-market/enquire  

The titled segments and sub-section of the market are illuminated below:  By Application (Polyurethane, Coatings, Acrylates, Adhesives, Polyester Resins, Plasticizers, Others resins (alkyd and epoxy)); 

Region Included are: Global, North America, Europe, Asia Pacific, South America, Middle East & Africa    Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. 

Strategic Points Covered in Table of Content of Global Bio-Based 1,6-Hexanediol Market Market: 

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Bio-Based 1,6-Hexanediol Market Market 

Chapter 2: Exclusive Summary – the basic information of the Bio-Based 1,6-Hexanediol Market Market. 

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Bio-Based 1,6-Hexanediol Market 

Chapter 4: Presenting the Bio-Based 1,6-Hexanediol Market Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis. 

Chapter 5: Displaying the by Type, End User and Region/Country 2018-2023 

Chapter 6: Evaluating the leading manufacturers of the Bio-Based 1,6-Hexanediol Market Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile 

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2029) 

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source finally, Bio-Based 1,6-Hexanediol Market Market is a valuable source of guidance for individuals and companies.  

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Meta-Xylene Market Set to Achieve USD 2.5 billion By 2024 to 2034

The global meta-xylene market was projected to attain US$ 1.4 billion in 2023. It is likely to garner a 5% CAGR from 2024 to 2034, and by 2034, the market is expected to attain US$ 2.5 billion.

The xylene, known as meta-xylene or m-xylene, has methyl groups at positions 1 and 3. This aromatic hydrocarbon is very flammable and colorless, much like the other isomers of xylene. It is sometimes referred to as 1, 3-xylene or 1, 3-dimethylbenzene. The main uses of meta-xylene are as an organic synthesis and dye solvent and intermediary.

Additionally, it is a non-food pesticide product's inert component. The production of polyesters, alkyd resins, pesticides, and aviation fuel are among further uses.

From mixed xylene feedstock, meta-xylene is recovered using the UOP MX Sorbex method. A mixture of aromatic isomers, such as ethyl benzene, para-, meta-, and ortho-xylenes, is referred to as mixed xylenes. P-xylene, an additional aromatic hydrocarbon that is utilized as a raw material in the large-scale synthesis of different polymers, is typically produced by isomerizing meta-xylene.

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Key Findings of Market Report

Xylenes are frequently used in the production of synthetic polymers and a variety of solvents. Meta-xylene serves as a chemical intermediary for dyes and pesticides as well as being employed in the manufacturing of high-value resins. Purified isophthalic acid is made with it.

In end-use sectors, including packaging, automotive, construction, electronics, textiles, and healthcare, there is an increasing need for synthetic polymers. Consequently, this is boosting the market value of meta-xylene.

Good strength, resistivity, and flexibility are provided by synthetic polymers. They have a lower compression set, enhanced grip, less oil migration, and heat resistance in the automobile industry.

Market Trends For Meta-xylene

Xylenes are a necessary raw ingredient used in the production of packaging materials. The primary usage of p-xylene is in the production of polyethylene terephthalate (PET), a polymer found in many fibers, films, and plastic goods. The income from the meta-xylene market is increasing due to the increase in plastic packaging manufacture.

A paper published in the open-access journal MDPI states that, in response to the increasing demand for PET, plastic packaging output is predicted to rise from 140 million tons in 2023 to over 180 million tons in 2029.

The demand for meta-xylene in the market is being driven by the increased use of Unsaturated Polyester Resin (UPR) coatings on automobiles and aircraft, which is increasing the production of purified isophthalic acid.

Boats, wind turbine blades, and powder coatings are other products made with UPR coatings. It is anticipated that rising maintenance and repair costs for aircraft will accelerate the expansion of the meta-xylene market in the near future.

In 2022, American Airlines expended US$ 2.68 billion on upkeep, supplies, and repairs, a 35.6% increase over 2021. In 2022, United Airlines spent US$ 2.15 billion, a 20% increase over the previous year.

Global Market for Meta-xylene: Regional Outlook

Various reasons propel the meta-xylene market growth throughout the regions. These are:

Asia Pacific retained the greatest position in the meta-xylene market in 2023, according to the most recent data. The packaging industry's growth is improving the region's market dynamics. China and India are becoming more and more in need of laminates and flexible packaging, particularly PET and woven sacks.

The market share of meta-xylene in Asia Pacific is also being enhanced by an increase in demand for synthetic polymers. Because of their great strength and flexibility, synthetic polymers are widely used in a variety of industries, including aerospace, automotive, and architecture.

The following companies are well-known participants in the global meta-xylene market:

LOTTE Chemical

Mitsubishi Gas Chemical Company, Inc.

Honeywell International Inc.

InChem Holdings, Inc.

TCI Chemicals

Fengchen Group Co., Ltd.

Vizag Chemicals

Otto Chemie Pvt. Ltd.

Key Developments

With $130 million in global commerce, m-xylene ranked 3971st among all products in the world in 2022. The Observatory of Economic Complexity reports that m-xylene exports increased from US$ 125.0 Mn in 2021 to US$ 130.0 Mn in 2022.

Mitsubishi Gas Chemical Company, Inc. declared in September 2021 that it will increase the production of meta-xylenediamine (MXDA) in Europe in order to meet the growing demand in the isocyanate, epoxy, and polyamide industries.

Global Meta-xylene Market Segmentation 

By Type

Meta-xylene UOP

Meta-xylene Sorbex

Others

By Application

Isophthalic Acid

2,4-xylene

2,6-xylene

Solvents

Others

By End-use

Automotive

Construction

Textile

Packaging

Aerospace

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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Pentaerythritol Prices Trend, Database, Chart, Index, Forecast

 Pentaerythritol Prices is a key organic compound used extensively in the manufacturing of various industrial products, including alkyd resins, varnishes, PVC stabilizers, and explosives. In recent years, the price of pentaerythritol has seen significant fluctuations influenced by multiple factors. Understanding these price dynamics is crucial for businesses and investors involved in industries relying on this chemical.

The primary factor driving pentaerythritol prices is the cost and availability of raw materials. Pentaerythritol is synthesized from formaldehyde and acetaldehyde, which are derived from methanol and ethylene, respectively. The prices of these precursor chemicals are susceptible to changes in crude oil prices, as methanol and ethylene are petrochemical derivatives. Consequently, any volatility in global crude oil markets directly impacts the cost structure of pentaerythritol production. For instance, a surge in crude oil prices typically leads to higher costs for methanol and ethylene, subsequently increasing pentaerythritol prices. Conversely, when crude oil prices drop, the production costs of pentaerythritol decrease, leading to lower prices.

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Another significant factor affecting pentaerythritol prices is the balance between supply and demand. The global demand for pentaerythritol is influenced by its application in various sectors, particularly in the production of alkyd resins used in paints and coatings. As construction and automotive industries grow, the demand for paints and coatings increases, driving up the need for pentaerythritol. Additionally, the expansion of the renewable energy sector, particularly in the production of biodiesel, also fuels demand since pentaerythritol is used in biodiesel production. On the supply side, the capacity of manufacturers to produce pentaerythritol plays a crucial role. Any disruptions in production, such as plant maintenance or unexpected shutdowns, can lead to a tight supply situation, pushing prices higher. Conversely, an oversupply situation, possibly due to new production capacities coming online, can exert downward pressure on prices.

Geopolitical factors and trade policies also significantly impact pentaerythritol prices. Tariffs, trade agreements, and political instability can disrupt the supply chain, affecting the availability and cost of raw materials and finished products. For example, tariffs on chemical imports between major trading nations can lead to increased production costs and higher prices for pentaerythritol. Similarly, political instability in key producing regions can lead to supply chain disruptions, causing price volatility.

Environmental regulations and sustainability trends are increasingly influencing pentaerythritol prices. Stricter environmental regulations on the production processes of chemicals, aimed at reducing carbon emissions and hazardous waste, can lead to increased production costs. Manufacturers may need to invest in cleaner technologies and processes, which can drive up the prices of pentaerythritol. Furthermore, the growing demand for eco-friendly and sustainable products has led to a shift in consumer preferences and industrial practices. Companies are increasingly seeking bio-based alternatives to traditional chemicals, including pentaerythritol, to reduce their environmental footprint. This shift can impact the supply-demand dynamics and pricing of pentaerythritol, as bio-based variants might have different cost structures.

Market competition and the presence of substitute products also play a role in determining pentaerythritol prices. The chemical industry is highly competitive, with numerous players vying for market share. Companies that can achieve economies of scale or technological advancements in production processes may offer pentaerythritol at more competitive prices. Additionally, the availability of substitute products can influence pricing. For example, in some applications, alternatives such as trimethylolpropane (TMP) can be used instead of pentaerythritol. The relative prices and performance characteristics of these substitutes can affect the demand and pricing of pentaerythritol.

Economic conditions and macroeconomic trends have a broader impact on pentaerythritol prices. Economic growth in key markets such as China, India, and the United States drives industrial activity, influencing the demand for pentaerythritol. During periods of economic expansion, increased industrial production and construction activities boost demand for pentaerythritol, leading to higher prices. Conversely, economic downturns can lead to reduced industrial activity and lower demand, putting downward pressure on prices.

In conclusion, the pricing of pentaerythritol is influenced by a complex interplay of factors, including raw material costs, supply-demand dynamics, geopolitical factors, environmental regulations, market competition, and macroeconomic trends. Businesses and investors need to closely monitor these variables to navigate the price fluctuations and make informed decisions. Understanding these dynamics can help stakeholders in the chemical industry better manage risks and capitalize on opportunities in the pentaerythritol market.

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Fumaric Acid Market Share, Growth, Trends And Forecast 2024-2032

IMARC Group's report titled "Fumaric Acid Market Report by Application (Food Additives, Rosin-Sized Sheathing Paper, Unsaturated Polyester Resins, Alkyd Resins, and Others), End-Use Industry (Food and Beverages Industry, Cosmetics Industry, Pharmaceutical Industry, Chemical Industry, and Others), and Region 2024-2032",offers a comprehensive analysis of the industry, which comprises insights on the fumaric acid market share. The global  market size reached US$ 775.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,134.5 Million by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/fumaric-acid-market/requestsample

Factors Affecting the Growth of the Fumaric Acid Industry:

Demand in the Animal Feed Industry:

Fumaric acid is an efficient feed acidifier known to improve feed conversion rates and promote the growth and health of livestock. This is particularly important in poultry and swine production, where maintaining optimal gut health and efficiency in feed utilization is crucial. The rising demand for meat and dairy products, coupled with the need for sustainable and efficient livestock production practices, is encouraging the use of feed additives like fumaric acid. Furthermore, with the ongoing shift away from antibiotic growth promoters due to health and regulatory concerns, natural growth promoters, such as fumaric acid, are gaining prominence. This trend is supported by research indicating that fumaric acid can enhance nutrient absorption and support the immune system of animals.

Increasing Need for Environmentally Friendly Products:

The growing environmental concerns and the emphasis on sustainability are driving the demand for eco-friendly and biodegradable products like fumaric acid. Fumaric acid, being biodegradable and non-toxic, is seen as an attractive alternative to synthetic chemicals in various industrial applications. Its use in producing biodegradable plastics, eco-friendly paints, and coatings, as well as in renewable energy sources like biofuels, aligns with the shift towards environmental sustainability. Companies are adopting green practices and materials to comply with regulatory standards and to cater to the growing demand for sustainable products. This shift is not only ethically and environmentally driven but also economically motivated, as sustainable practices often lead to long-term cost savings and enhanced brand reputation.

Increasing Demand in the Food and Beverage (F&B) Industry:

Fumaric acid is a food additive that is widely used as a preservative and acidity regulator. Its ability to enhance flavor and extend shelf life makes it popular in a variety of food products like soft drinks, fruit juices, and baking powders. The growing consumption of convenience foods and ready-to-eat (RTE) meals is driving the demand for food-grade fumaric acid. Additionally, the shift towards healthier, low-calorie foods and beverages is prompting the use of fumaric acid in diet and zero-calorie products. The compatibility of fumaric acid with various food ingredients and its role in maintaining the desired consistency and stability in food products is supporting the market growth.

Leading Companies Operating in the Global Fumaric Acid Industry:

Bartek Ingredients Inc.

Dastech International

Fuso Chemical Co., Ltd.

Polynt

Prinova Group

Changzhou Yabang Chemical Co. Ltd.

Nippon Shokubai

The Chemical Company

Thirumalai Chemicals

U.S. Chemicals

Wego Chemical Group

Huntsman Corporation

Fumaric Acid Market Report Segmentation:

By Application:

Food Additives

Rosin-Sized Sheathing Paper

Unsaturated Polyester Resins

Alkyd Resins

Others

Food additives account for the majority of the market share due to the increasing demand for food preservation and flavor enhancement in the F&B industry.

By End-Use Industry:

Food and Beverages Industry

Cosmetics Industry 

Pharmaceutical Industry

Chemical Industry

Others

The food and beverages industry holds the biggest market share driven by the essential role of fumaric acid in food processing and beverage production.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific dominates the market owing to the rising consumer demand for processed foods and the presence of key manufacturers in the region.

Global Fumaric Acid Market Trends:

Technological advancements in the production and application of fumaric acid are offering a favorable market outlook. Modern production techniques are making the synthesis of fumaric acid more efficient and eco-friendly. These advancements are reducing production costs and making fumaric acid more accessible for a range of applications.

Besides this, the rising use of fumaric acid in composite materials and 3D printing technology is propelling the market growth. The material properties of fumaric acid, particularly when used as a component in unsaturated polyester resins, make it highly suitable for advanced composite applications. These composites are utilized in automotive, aerospace, and construction industries for their strength and lightweight characteristics. Additionally, the rise of 3D printing technology presents new opportunities for fumaric acid in resin formulations tailored for 3D printing processes.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Glycols Market : A View of the Industry's Advancements and Opportunities

The global glycols market size is anticipated to reach USD 49.36 billion by 2026 growing at a CAGR of 5.1% from 2018 to 2026 according to a new report published by Polaris Market Research.  The report ‘Glycols Market Share, Size, Trends, & Industry Analysis Report, By Product (Propylene Glycol, Ethylene Glycol (Mono-ethylene Glycol, Di-ethylene Glycol, Tri-ethylene Glycol), By Applications (Textiles, Automotive, HVAC, Medical, Airline, Others), By Regions: Segment Forecast, 2018 – 2026’provides insights on the current market scenario and the future prospects. Increasing demand for ethylene and propylene glycol is owing to its increasing demand from a many primary end-use industries.

 Large volumes of ethylene glycols are consumed for manufacturing of automotive coolant or antifreeze. Ethylene glycols are non-corrosive, stable chemicals with high flash points. Propylene glycols are relatively nontoxic liquids that are practically odorless and colorless. Some of its primary applications include heat transfer fluids, paints & coatings, antifreeze coolants, functional fluids and plasticizers.

 The hygroscopicity of these products makes it an important conditioning agent in in vinyl floor tiles, cork, adhesives, cellulose sponges, synthetic rubbers, printing inks and paper products. Ethylene glycol is also used in formulations development of the alkyd-type resins that has linear chain structures and even in unsaturated polyester resins. It is also used in the dehydration of natural gas. Apart from these the product has several applications in polyester, textile, HVAC, medical, airline and food & beverage industry.

 Have Questions? Request a sample this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/glycols-market/request-for-sample

 MEG is the largest volume product produced of all the ethylene glycols. Polyester grade EG are among the leading application-based product production. This product grade is used in manufacturing of PET resins, fibers and several other substances such as tire cords, textiles, soft drinks, video tapes and water containers.

 The high purity and industrial grade EG are utilized in formulation of various products that require hygroscopic, solvent, or high boiling point physiognomies. Some of these end-use products include printing inks, paints, cleaners, heat transfer fluids, hydraulic fluids, and electronics. The antifreeze grade EG is one of the major primary components in manufacturing of engine coolants especially for automotive.

Diethylene glycol (DEG) has excellent solvent properties and has higher boiling point, specific gravity and viscosity. Some of the primary applications of DEG include adhesives, heat transfer fluids, cement processing and cleansers. Moreover, it is also used as a chemical intermediate in the production of polyurethanes and unsaturated polyester resins.

 Application segments of these products has increased significantly over the years as a synchrony or as a result of development and production of high quality of customer specific grades of these products and hence demand for these products has been increasing and is also anticipated to increase further in the near future.

However, owing to constant price volatility in petrochemicals production over the past few years, prices of ethylene and propylene glycol has also been fluctuating over the past two years across all the regional markets. This was owing to the different demand supply trends of the product in all the regional markets and as an attempt to meet that, product prices have been significantly affected.

In 2017, Asian Pacific glycols industry faced a few challenges in terms of longer supply terms and slower market growth in the downstream polyester terephthalate (PET), polyester fiber and yarn sectors. The listing of monoethylene futured as a product in the China’s Dalian Commodity Exchange (DCE) and added certain uncertainty to MEG price movements. In 2016 as well, the Asia Pacific market experienced volatility and was a challenging market space.

 However, the average global prices of MEG saw gains in the first quarter of 2017 though it stabilized by the end of the year. It was mainly due to the increase in demand for polyester fibers from other regional markets and an overall reduction in production output from the major global suppliers of MEG.

 The worldwide glycols market is a competitive marketspace with moderate degree of integration across the value chain by several market players. Some of the lading market participants include ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Dow Dupont, Royal Dutch Shell plc, LyondellBasell Industries, Total S.A., and China Petroleum & Chemical Corporation.

 Polaris Market Research has segmented the global glycols market on the basis of product, application and region:

Glycols Product Outlook (Revenue, USD Billion, 2015 – 2026)

Propylene glycol

Ethylene glycol

Mono-ethylene glycol

Di-ethylene glycol

Glycols Application Outlook (Revenue, USD Billion, 2015 – 2026)

Polyethylene

Textiles

Automotive

HVAC

Medical

Airline

Polyester Fiber & Resins

Food & Beverage

Others

Glycols Regional Outlook (Revenue, USD Billion, 2015 – 2026)    

North America

S.

Canada

Europe

Germany

UK

France

Italy

Spain

Belgium

Russia

Netherlands

Rest of Europe

Asia-Pacific

China

India

Japan

Korea

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific

Latin America

Brazil

Mexico

Argentina

Rest of LATAM

Middle East & Africa

UAE

Saudi Arabia

South Africa

Rest of MEA

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Exterior Architectural Coating Market: A Comprehensive Analysis and Forecast

The global exterior architectural coating market is expected to reach USD 39.04 billion by 2024, according to a new report by Grand View Research, Inc. Functional superiorities including weather and moisture resistance, better aesthetics and long lasting adhesion is expected to fuel market growth over the next eight years. Furthermore, rising government spending in Asian countries on infrastructure development will augment industry expansion.

Key findings from the Exterior Architectural Coating Market report:

The global demand for exterior architectural coatings was 7.12 million tons in 2015 and is expected to show high gains in light of rapid infrastructural development in India, Saudi Arabia, Thailand, Indonesia and the U.S.

Alkyd resin will witness high volume growth at a CAGR of 5.3% from 2016 to 2024. Growing usage of alkyd resins in light of their high durability and superior gloss is expected to stimulate industry growth. Furthermore, rising consumption in outdoor applications owing to its low cost along with high-temperature resistance will fuel its demand over the forecast period.

North America accounted for 22.6% of the global volume share in 2015 and is expected to witness significant gains in light of rising reconstruction activities in the U.S. coupled with infrastructure development in Canada and Mexico. Furthermore, the implementation of the National Infrastructure Program 2014 - 2018 (NIP) in Mexico is expected to promote the product growth over the forecast period.

Latin America is projected to witness substantial revenue growth at a CAGR of 6.4% from 2016 to 2024 owing to the presence of various participants including BASF, Sherwin-Williams, and AkzoNobel. Increasing government efforts to offset Brazil’s housing deficit, and provide low-interest rates for housing will stimulate product demand over the forecast period.

Exterior architectural coatings industry is dominated by major participants including PPG Industries, Nippon Paint, BASF, AkzoNobel, and Sherwin-Williams. Ongoing product innovation to produce high-performance and cost-efficient waterborne coatings is expected to industry expansion over the next eight years. For instance, in March 2015, BASF expanded their color range and production capacity for Paliocrom products to cater to the increasing demand for high-end effect pigments in coatings. BASF is expected to widen the capacity by more than 20% by 2017 for Paliocrom effect pigments.

For More Details or Sample Copy please visit link @: Exterior Architectural Coating Market

Growing demand for waterborne technology over traditional coatings, as it is cheaper and eco-friendly, will drive market growth. The introduction of green coatings coupled with the increasing usage of nanocoatings will create immense opportunities for growth over the next eight years.

Primer is expected to witness high revenue gains at a CAGR of 6.4% from 2016 to 2024 as it acts as a protector and leveler for other products including enamel and emulsions. The revenue generated by the use of exterior architectural coatings in the non-residential sector was valued at USD 8.20 billion in 2015 and is expected to witness rise on account of growing FMCG, IT, telecom and retail sector in MEA and Asia Pacific. Moreover, rapid industrialization, increasing FDI and government infrastructure spending will promote market growth.