#Global Butanediol Market Revenue
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1,4 Butanediol Market: Current Analysis and Forecast (2022-2028)
According to a new report published by UnivDatos Markets Insights, the 1,4 Butanediol Marketwas valued at more than USD 6.8 billion in 2020 and is expected to grow at a CAGR of around 8% from 2022-2028. The analysis has been segmented into Type (Synthetic and Bio-Based); Application (Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-butyrolactone (GBL), Polyurethane (PU), and Others); End-User (Automotive, Healthcare & Pharmaceutical, Textile, Electrical & Electronics, and Others); Region/Country.
The 1,4 butanediol market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the 1,4 butanediol market. The 1,4 butanediol market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the 1,4 butanediol market at the global and regional levels.
Market Overview
1,4 Butanediol is a clear, oily liquid that is highly soluble in water and other substances. It is used to create several different organic chemicals, including tetrahydrofuran (THF), which is subsequently used to create further chemicals that serve as intermediates in the production of spandex fibres, elastomers, and PBT resins. In addition, 1,4-butanediol is transformed into GHB in the body. GHB causes the brain to work more slowly, which can result in loss of consciousness as well as a severe slowing of respiration and other essential processes. People use 1,4-butanediol for many purposes, including increasing muscle strength, treating obesity, relieving sleeplessness, and other uses. Furthermore, it can be taken as a recreational drug with euphoric and sedative effects. The consumers refer to this recreational drug as "One Comma Four," "Liquid Fantasy," "One Four Bee," or "One Four B-D-O."
Factors such as an increasing bio-based butanediol coupled with the growing adoption of 1,4 Butanediol in the tetrahydrofuran industry, and advanced product launches in the market are some of the prominent factors that are positively influencing the market growth globally.
Some of the major players operating in the market include BASF SE, Nan Ya Plastics Corp, Sinopec Yizheng Chemical Fibre Limited, Dairen Chemical Corporation, Genomatica, Ashland Global Specialty Chemicals Inc., Mitsubishi Chemical Corporation, SK Global Chemical Co. Ltd., BioAmber Inc., Chemtura Corporation.
COVID-19 Impact
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. COVID-19 limited the chemicals & materials industry's operations, hampering many businesses globally. Supply chain disruptions and difficulty in procuring raw materials have restrained the Butanediol market to some extent. However, the 1,4 Butanediol market overcame this challenge and regained its operations to normalcy. During the COVID-19 pandemic, people worldwide became more health-conscious and became more cautious towards the environment. People adopted bi-based Butanediol, which is boosting the 1,4 Butanediol market growth and is expected to increase its revenue in the coming years.
The global 1,4 Butanediol Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
tetrahydrofuran (THF), polybutylene terephthalate (PBT), gamma-butyrolactone (GBL), polyurethane (PU), and others. Among these, polyurethane (PU) is expected to grow with a considerable CAGR during the forecast period. This is because PU is majorly used in the manufacturing of furniture, automotive interiors, carpet underlay, packaging, coatings, adhesives, sealants, elastomers (CASE), and others. Furthermore, many major players are expanding their business scale by launching new products in the market. For instance, In July 2021, Bostik announced the launch of its new Polyurethane sealants line for the Sealing & Bonding construction markets. Hence, the growth of PU will in turn increase the 1,4 Butanediol market across the globe.
Based on end-user, 1,4 Butanediol market has been classified into automotive, healthcare & pharmaceutical, textile, electrical & electronics, and others. The textile industry is expected to grow with a robust CAGR during the forecast period. This is mainly attributed because of wearing comfortable clothing which is produced from spandex fiber. Spandex is a lightweight, soft, smooth synthetic fiber with a unique elasticity. Due to its elastic property, it is used in making stretchable clothing. In addition, the manufacturer of raw materials, yarns, fabrics, apparel, home furnishings, and other textile finished products is also further accelerating the growth of the market. Furthermore, many governments regulatory bodies are expanding the business aspect of the country by investing in different industries. For instance, in Dec 20222, according to the textile department, the Indian government set a target of Rs 36,000 crore investment in the sector.
1,4 Butanediol Market Geographical Segmentation Includes:
North America (The United States, Canada, Rest of North America)
Europe (Germany, The United Kingdom, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Rest of Asia-Pacific)
Rest of the World
North America is expected to grow with a robust CAGR during the forecast period in the global market. This is mainly due to the extensive use of 1,4 Butanediol in the healthcare & pharmaceutical industry coupled with the utilization in the production of agricultural chemicals within the region. Additionally, the major uses of automotive, electrical & electronics industries employ 1,4 Butanediol and its utilization in the production of consumer appliances is further expected to drive the market growth within the region. Moreover, the high demand in the region leads to an increase in the price of the product. For instance, In April 2021, Ashland declared that the prices for 1,4-Butanediol and derivatives in North America increased by USD 0.30 per pound.
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The major players targeting the market include
BASF SE
Nan Ya Plastics Corp
Sinopec Yizheng Chemical Fibre Limited
Dairen Chemical Corporation
Genomatica
Ashland Global Specialty Chemicals Inc.
Mitsubishi Chemical Corporation
SK Global Chemical Co. Ltd.
BioAmber Inc.
Chemtura Corporation
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the 1,4 butanediol market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the 1,4 butanediol market?
• Which factors are influencing the 1,4 butanediol market over the forecast period?
• What are the global challenges, threats, and risks in the 1,4 butanediol market?
• Which factors are propelling and restraining the 1,4 butanediol market?
• What are the demanding global regions of the 1,4 butanediol market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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Digital Light Processing DLP Projector Market Size, Share, Growth, Trends [2032]
Digital Light Processing DLP Projector Market provides in-depth analysis of the market state of Digital Light Processing DLP Projector manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Light Processing DLP Projector in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Digital Light Processing DLP Projector Market Report:
The report offers a comprehensive and broad perspective on the global Digital Light Processing DLP Projector Market.
The market statistics represented in different Digital Light Processing DLP Projector segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Digital Light Processing DLP Projector are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Digital Light Processing DLP Projector.
Major stakeholders, key companies Digital Light Processing DLP Projector, investment feasibility and new market entrants study is offered.
Development scope of Digital Light Processing DLP Projector in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Light Processing DLP Projector Market
Advancement is elaborated in this report. The upstream and downstream components of Digital Light Processing DLP Projector and a comprehensive value chain are explained.
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Global 1,3-Butanediol (CAS 107-88-0) Market - Industry Analysis And Forecast 2022-2027
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1,3-Butanediol, also well-known as 1,3-butylene glycol or butane-1,3-diol, is an alcohol with the formula C4H10O2. It is commonly utilized as a solvent for food flavourings agents and is a co-monomer utilized in the certain polyurethane and polyester resins.
According to the report analysis, ‘Global 1,3-Butanediol (CAS 107-88-0) Market, 2021-2027’ states that Daicel Corporation, Kokyu Alcohol Kogyo Co., Ltd., OQ Chemicals GmbH, among others are the key companies which recently working in the global 1,3-Butanediol (CAS 107-88-0) market more actively for keep maintaining the governing position, registering the great value of market share, obtaining the competitive edge, leading the highest market growth and generating the highest percentage of revenue by establishing the several research and development programs, increasing the features and benefits of 1,3-Butanediol (CAS 107-88-0), spreading the awareness connected to the applications and advantages of 1,3-Butanediol (CAS 107-88-0), implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such and analysing the strategies and policies of government as well as contenders.
Apart from this, the requirement for the material is booming in the food, pharmaceutical, paints & coatings, inks, and plasticizer industries. Essentially, the growth in the requirement for pharmaceutical-grade of this chemical from these industries is propelling the market growth.
Globally, the APAC region registers the Global 1,3-Butylene Glycol Market, and it is projected to remain the largest customer of the material in the future as well. The tremendous requirement for this chemical in the emerging economies of the region is projected to propel the global market. The effective growth in demand for cosmetic & personal care products, such as body moisturizing lotions, sunscreen lotions and creams, face washes, hair styling gels, and makeup for men and women, propels the APAC market's expansion, which is motivating the players to take steps to leverage this requirement.
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A rise in requirement for 1,3-butanediol from the pharmaceutical industry and speedy increase in the requirement for cosmetic products are predicted to propel the 1,3-butanediol market throughout the review period. Moreover, 1, 3-butanediol is utilized to derive exceptional plasticizers such as monocarboxylic acid monoester. These plasticizers are utilized in the production of plastics such as polyvinyl chloride (PVC). Proficient growth in plastic and polymer industries is projected to fuel the market during the coming years. 1, 3-butanediol has applications as an antibacterial agent in dairy & meat products owing to its antibacterial properties.
The market in North America and Europe is projected to enlarge at a significant pace, owing to high requirement for 1, 3-butanediol from the cosmetic & personal care, paints & coatings, and plastic industries. In addition, the stringent environmental laws in North America and Europe are increasing demand for bio-based chemicals. This is probable to fuel requirement for 1,3-butanediol as it is an organic compound. The market in Latin America and Middle East & Africa is predicted to expand at a sluggish growth rate during the forecast duration. Therefore, it is predicted that during the near period the market of 1, 3-butanediol will develop more actively over the assessed period.
For more information on the research report, refer to below link:
Global 1,3-Butanediol (CAS 107-88-0) Market Outlook, 2021-2027
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Global 12BG (1,2-butanediol) Market Research Report 2021 Professional Edition
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12BG (1,2-butanediol) Market is analyzed with industry experts in mind to maximize return on investment by providing clear information needed for informed business decisions. This research will help both established and new entrants to identify and analyze market needs, market size and competition. It explains the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities and the threats faced by key players.
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A 360 degree outline of the competitive scenario of the Global 12BG (1,2-butanediol) Market is presented by Axel Reports Market Insights. It has a massive data allied to the recent product and technological developments in the markets.
It has a wide-ranging analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these extensions on the market’s future growth. The research report studies the market in a detailed manner by explaining the key facets of the market that are foreseeable to have a countable stimulus on its developing extrapolations over the forecast period.
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It offers seven-year assessment of Global 12BG (1,2-butanediol)
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Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
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It offers massive data about trending factors that will influence the progress of the Global 12BG (1,2-butanediol)
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By Market Players: Oxea Korea PTG Kowa Chemical Mitsubishi Chemical By Type >80% >90% Others By Application MedicAL Chemical Textile Papermaking Automotive
A detailed outline of the Global 12BG (1,2-butanediol) Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
This is anticipated to drive the Global 12BG (1,2-butanediol) Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global 12BG (1,2-butanediol) Market are currently adopting new technological trends in the market.
Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global 12BG (1,2-butanediol) Market. The feasibility of the new report is also measured in this research report.
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Table of Contents:
Global 12BG (1,2-butanediol) Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global 12BG (1,2-butanediol) Market Forecast
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Formaldehyde Market Outlook, Growth, Share and Forecast by 2028
Formaldehyde Industry Overview
The global formaldehyde market size was valued at USD 7.81 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028.
The growing inclusion of formaldehyde in several end-use industries, such as building and construction, automotive, furniture, textile, healthcare, oil and gas, agriculture, water treatment, and cleaning products, is estimated to trigger market growth in the near future. Formaldehyde is also increasingly being used in the manufacturing of disinfectants, vaccines, and personal care products, including mouthwash and toothpaste, on account of its exceptional antibacterial attributes. Increasing demand for these products is likely to boost the demand for formaldehyde over the forecast period.
The production and consumption of formaldehyde are highly influenced by its demand from the end-use industries. Thus, any fluctuations in the demand from the end-use industries are anticipated to directly impact the market. With the outbreak of the COVID-19 pandemic, major end-use industries such as automotive, construction, and wood were shut down at a global level, which severely impacted the growth of the market. However, it is also used to produce hard-gel capsules, vaccines, and antibiotics, which had a positive effect on the demand for the product.
Gather more insights about the market drivers, restrains and growth of the Global Formaldehyde Market
Formaldehyde is made up of oxygen, hydrogen, and carbon. It is widely known for its antibacterial and preservative properties. It offers excellent performance and acts as a bonding agent in end-use applications while offering an affordable price. The U.S. is one of the highest consumers of formaldehyde in the construction sector as the product offers lucrative revenue-generating opportunities to its manufacturers. The production of adhesives and glues for construction applications by utilizing formaldehyde is also rising across the globe, especially in the U.S.
Formaldehyde is of different forms such as molecular formaldehyde, trioxane, paraformaldehyde, and methanediol. The number of hydrogen compounds in each form of formaldehyde differentiates them from each other. These compounds are mainly used in industrial applications. The demand for the product is rising in the Asia Pacific owing to its increasing demand in the automotive and construction industries.
The high toxicity exhibited by formaldehyde is the main factor restricting market growth. Due to its hazardous nature, its application has become limited in the personal care and cosmetics sector. To spread awareness regarding this issue, companies are educating their customers about the needs and advantages of using the product as per regulatory standards.
Browse through Grand View Research’s Organic Chemicals Industry Research Reports.
• Calcium Hypochlorite Market: The global calcium hypochlorite market size was valued at USD 572.82 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.2% from 2021 to 2028. The market is driven by the rising product demand from various end-user applications, such as detergents, house cleaners, food & beverages, pulp & paper, and water treatment among others.
• Ethyl Acetate Market: The global ethyl acetate market size was valued at USD 4.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.8% from 2021 to 2028. This is attributed to the growing investments in the construction, pharmaceuticals, and automotive sector.
Formaldehyde Market Segmentation
Grand View Research has segmented the global formaldehyde market on the basis of derivatives, end-use, and region:
Formaldehyde Derivatives Outlook (Volume, Kilotons; Revenue, USD Million, 2017 – 2028)
• Urea Formaldehyde (UF)
• Phenol Formaldehyde (PF)
• Melamine formaldehyde (MF)
• Polyacetal Resins
• Pentaerythritol
• 1,4 Butanediol
• Methylenebis
• Hexamethylenetetramine (HMTA)
• Others
Formaldehyde End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 – 2028)
• Building & Construction
• Automotive
• Furniture
• Textile
• Healthcare
• Oil & Gas
• Agriculture
• Water Treatment
• Cleaning Products
• HVAC
• Others
Formaldehyde Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 – 2028)
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa
Key Companies profiled:
Some prominent players in the Global Formaldehyde Market include
• Foremark Performance Chemicals
• Hexion
• Georgia-Pacific Chemicals
• Celanese Corporation
• BASF SE
• Capital Resin Corporation
• Evonik Industries AG
• DuPont
• Alfa Aesar
• Ashland
• Perstorp
• LRBG Chemicals Inc.
Order a free sample PDF of the Formaldehyde Market Intelligence Study, published by Grand View Research.
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Quartz Market | Global Industry Report, 2031
Quartz Market: Introduction
Transparency Market Research delivers key insights on the global quartz market. In terms of revenue, the global quartz market is estimated to expand at a CAGR of 6.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global quartz market.
The global quartz market is broadly affected by several factors, including rise in usage of quartz in the building & construction industry. The increase in demand for quartz in construction, semiconductor, and solar industries is propelling the global quartz market.
Quartz Market: Dynamics
The rise in demand for container glass, specialty glass, and flat plate glass made from quartz is expected to the drive the quartz market in the near future. Residential and commercial construction is the major contributor to the market size of quartz. Residential construction has been increasing significantly, since the past few years, owing to the rise in disposable income of consumers, changing lifestyle, growth in demand for single-family homes, and ease of financing.
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The growth of the building & construction industry is driving the demand for quartz in the manufacture of flat glass, container glass, glass wool, and specialty glass.
Based on type, the engineered quartz stones segment is estimated to expand at a significant pace during the forecast period. Growth of the segment can be ascribed to the increase in demand for engineered quartz stones in the building & construction sector in Asia Pacific.
Increase in population and rapid urbanization in Asia Pacific; and need for improved infrastructure and residential spaces are anticipated to play a crucial role in the expansion of the quartz market.
Quartz is also utilized as a grating for sandblasting, pounding glass, and cutting delicate stones. It is fundamentally used in the personal computer business, as silicon semiconductors are produced using quartz. Quartz is increasingly used in various end-use industries such as medical, semiconductor, solar, and optical fiber & telecommunication. This is expected to drive the global quartz market in the near future.
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Quartz Market: Prominent Regions
Based on region, the global quartz market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global quartz market in 2020. The region is expected to maintain its dominance during the forecast period. The dominance of Asia Pacific can be ascribed to increase in infrastructure and construction activities, including China and India, in the region.
The quartz market in Middle East & Africa is anticipated to expand at a significant pace during the forecast period. Larger size of end-use industries in North America and Europe is expected to augment the quartz market in these regions during the forecast period. The rise in demand for quartz in various end-use industries is also likely to boost the quartz market in these regions over the next few years.
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Quartz Market: Key Players
The global quartz market is fragmented with the presence of large numbers of players. Key players operating in the global quartz market are The Quartz Corporation, Quality Quartz Engineering, Saint Gobain Group, Murata Manufacturing Co., Ltd., Kyocera Corporation, TXC Corporation, Abrisa Technologies, Swift Glass Co., Inc., Industrial Quartz Corporation, and Caesarstone Ltd.
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Defoamers Market Research, Share, Trend, Price, Future Analysis, Regional Outlook to 2026
The demand within the global defoamers market is rising on account of advancements in industrial processes. The use of defoamers in the chemical industry has generated a wide array of opportunities for market growth. Furthermore, industrial liquids need to be handled with immense care in order to ensure optimal usage. A number of hydrophobic materials that excite the formation of foam are used across the chemical industry. In order to reduce the amount of foam produced, chemical experts recommend the use of defoamers for a multitude of applications. Defoamers are also available as anti-foaming agents across the market. This is an important point from the perspective of evaluating the market dynamics of the product.
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Transparency Market Research (TMR) finds that the global defoamers market is expected to grow at a steady CAGR of 4.5% over the period between 2018 and 2026. The total value of the defoamers market held a total value of US$ 7500 Mn in 2017. This value is slated to touch new heights in the years to follow. The growth of the defoamers market can be attributed to the advancements in end-use industries such as agrochemicals, food and beverages, and oil and gas.
Pharmaceutical Industry as Key End-User
Although foaming plays an important role in the cleaning action of soap bars and detergents, excessive foaming can result in wastage of soap. Therefore, small quantity of defoamer is used in soaps bars, washing liquids, and shampoos. Excessive foaming can interrupt with smooth execution of several industrial processes. The pharmaceutical industry has especially emerged a sound consumer within the global defoamers market.
Therefore, the total volume of revenues in the global defoamers market is set to grow at an unprecedented pace in the years to follow. Other than this, manufacturing of medical drugs and ointments also involves the use of defoamers. The continual growth of the pharmaceutical industry is expected to drive sales within the global defoamers market.
Some of the leading vendors in the global defoamers market are Clariant International AG, Global Holdings Inc., and Elkem Silicones.
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Advancements in Food Processing and Manufacturing
The use of defoamers in the food industry has played a central role in generating increased revenues within the market. Kitchens of large restaurants and hotels that prepare food for thousands of people use defoamers to prevent effusion while preparing food. Furthermore, defoamers are domestically used to prevent food effervescence that can affect the taste of the preparation. Silicon oil is the most commonly used defoamer in the food industry.
Considering the factors mentioned above, it is safe to predict that the global defoamers market would tread along a lucrative growth path in the years to follow. Furthermore, the use of defoamers as a cleaning agent in households has also given an impetus to market growth.
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Global 1,3-Butanediol Research Report 2022 - Industry Size, Share, Demands, Regional Analysis & Estimations Till 2028
The Global 1,3-Butanediol Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The 1,3-Butanediol industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.
Base Year: 2021
Estimated Year: 2022
Forecast Till: 2028
The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.
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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the 1,3-Butanediol market. The impact is closely studied in terms of production, import, export, and supply.
The report covers the complete competitive landscape of the Worldwide 1,3-Butanediol market with company profiles of key players such as:
DAICEL
KH Neochem
Kokyu Alcohol
OXEA
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1,3-Butanediol Market Analysis by Type:
Chemical synthesis
Fermentation
1,3-Butanediol Market Analysis by Application:
Cosmetic
Industrial
1,3-Butanediol Market Analysis by Geography:
North America (USA, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)
Key questions answered in the report:
What is the expected growth of the 1,3-Butanediol market between 2022 to 2028?
Which application and type segment holds the maximum share in the Global 1,3-Butanediol market?
Which regional 1,3-Butanediol market shows the highest growth CAGR between 2022 to 2028?
What are the opportunities and challenges currently faced by the 1,3-Butanediol market?
Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?
What business strategies are the competitors considering to stay in the 1,3-Butanediol market?
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Maleic Anhydride Market Technology Overview, Growth Restraint Analysis & Forecast Report
The global Maleic Anhydride Market size is expected to value at USD 4.11 billion by 2024, due to the growing usage as a platform chemical for production of a broad range of chemicals such as co-polymers, 1,4-butanediol (BDO) and unsaturated polyester resins (UPR). Exponential growth in the lubricant industry, in the recent years is anticipated to drive the market demand for maleic anhydride over the forecast period.
Growth Drivers:
Increasing demand for maleic anhydride from various end-use industries such as automotive industry and construction sector, particularly in China and India, is predicted to boost the market growth over the next seven years. Globally, the maleic anhydride industry is predicted to grow at CAGR of 5.5% in forecast period, providing numerous opportunities for market players to invest for research and development in the market.
Increasing maleic anhydride usage for production of fuel oil and lubricant additives is estimated to boost industry growth over the forecast period. Primary materials required for maleic anhydride include benzene and n-Butane. Some of the manufacturing techniques include use of transport bed, fluidized bed, fixed bed, and recovery from phthalic anhydride technologies. Increasing adoption of n-butane over the traditional benzene compound due to reduce the effect of volatile crude oil prices is expected to favor market expansion over the coming years.
Other factors responsible for the sustained growth of maleic anhydride market, in the recent years, include steady supply and demand regime and stability in cost of raw materials and spot prices. However, volatility in cost of crude oil and availability of alternate materials are expected to limit market growth to a certain extent over the forecast period.
Substantial growth in construction sector owing to the higher infrastructural spending and improving infrastructure, particularly in BRICS economies such as Brazil, Russia, India, China and South Africa are expected raise copolymer and UPR demand over the next seven years. These factors are estimated to stimulate the growth of maleic anhydride industry in the near future. However, increasing adoption of bio-based feedstock over the synthetic compounds for production of co-polymer and butanediol (BDO) is forecast to be a major threat for industry growth in upcoming years.
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Top Companies:
The key players in the maleic anhydride industry are Huntsman Co., Polynt Group, Jiangsu Yabang Pharmaceutical Group Co., Ltd., Tianjin Bohai Chemical Industry Group Co., Ltd., Flint Hills Resources, Inc., Polynt S.p.A, Lanxess AG, Ashland Chemical Co., Nippon Shokubai Co., Ltd., Royal DSM N.V., and Qiaoyou Shanxi.
Application Outlook:
The maleic anhydride market is broadly categorized into four major segments based on the application type such as unsaturated polyester resin (UPR), 1-butanediol (BDO) & 4-butanediol (BDO), additives, and copolymers. The unsaturated polyester resin (UPR) is considered as one of the fastest growing segment in the maleic anhydride industry with substantial revenue generation in the last few years.
Growing popularity of the unsaturated polyester resin (UPR) segment is attributed to the increasing demand from various end-user industries such as building & construction and automotive, majorly in developing economies of Asia Pacific and Latin America region. The butanediol (BDO) segment has also witnessed substantial growth owing to the growing adoption for production of methyl ethyl ketone (MEK) and 1,3 butadiene.
Regional Outlook:
The maleic anhydride market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction sector, increase in the number of research development activities in the region, and existence of well-established manufacturing infrastructure.
Asia-Pacific region is predicted to hold major market share in the maleic anhydride with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth in the region, rapid growth in automotive sector, and significant investment by leading industry players considering potential growth opportunities in the region.
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Global Butylamine (MNBA, CAS 109-73-9) Market- Analysis, Growth And Forecast 2022-2027
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Butylamine belongs to the class of mono alkyl amines. It is introduced from Butanol. Butylamine is a colorless liquid and has an ammonia-like odor. Butylamine is a versatile intermediate with a variability of applications. It is majorly used in agrochemicals, pharmaceuticals, rubber chemicals, fuel, and oil additives. It is also utilized as a hardener for epoxy resins.
According to the report analysis, ‘Global Butylamine (MNBA, CAS 109-73-9) Market, 2021-2027’ states that BASF SE, Daicel Corporation, Eastman Chemical Company, OQ Chemicals GmbH, Zhejiang Jianye Chemical Co., Ltd., Zhejiang Xinhua Chemical Co., Ltd., among others are the key companies which presently functioning in the global butylamine (MNBA, CAS 109-73-9) market more progressively for ruling around the globe, leading the highest market growth, obtaining the competitive edge, registering the great value of market share and generating the highest percentage of revenue by analysing the strategies and policies of government as well as contenders, increasing the features and benefits of butylamine (MNBA, CAS 109-73-9), delivering the better customer satisfaction, decreasing the associated prices of such, spreading the awareness connected to the applications and advantages of butylamine (MNBA, CAS 109-73-9), implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such and establishing the several research and development programs.
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The Tert-Butylamine Market report delivers objective, even-handed evaluation, and calculation of opportunities in the Tert-Butylamine market with a methodical market research report involving numerous other market-linked fundamental factors. Tert-Butylamine Market Report Focuses on the foremost Tert-Butylamine Market manufacturers, to study the sales, value, market share and development plans in the future. The study breaks market by revenue and volume (wherever applicable) and price history to predicts size and trend analysis and recognising gaps and opportunities. It is Define, describe and review the Tert-Butylamine Market by type, application, and region to Study the global and foremost regions market potential and advantage, opportunity and challenge, restraints and risks.
The report covers vital expansions in the ‘Global Butylamine Market’ as organic and inorganic growth strategies. Several companies are aiming on organic growth strategies such as product launches, product approvals, and several others, such as patents and events. Inorganic growth strategies activities observed in the market were acquisitions and partnerships & collaborations. These activities have paved the manner for the expansion of business and customer base of market players. The market players from the butylamine market are projected to witness lucrative growth opportunities in the future with the increasing demand for butylamine in the global market.
The major aspect for the growth of the market is the effective growth in use of butylamine in end-use industries such as agrochemicals, pharmaceuticals, and several others. There is growing consumption of butylamine for making solvent dyes & disperse dyes. The butylamine is convenient as a fuel additive for growing the ignition delay period. Additionally, the speedy augment in investments by foremost manufacturers to increase production capacities further propel the market growth. Therefore, it is predicted that during the near period the market of butylamine more proficiently over the review period.
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Global Butylamine (MNBA, CAS 109-73-9) Market Share, 2021-2027
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Maleic Anhydride Market - Global Outlook and Forecast 2021-2027
This report contains market size and forecasts of Maleic Anhydride in global, including the following market information:
Global Maleic Anhydride Market Revenue, 2016-2021, 2022-2027, ($ millions)
Global Maleic Anhydride Market Sales, 2016-2021, 2022-2027, (K MT)
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Global top five Maleic Anhydride companies in 2020 (%)
The global Maleic Anhydride market was valued at 3110 million in 2020 and is projected to reach US$ 4162.7 million by 2027, at a CAGR of 7.6% during the forecast period.
We surveyed the Maleic Anhydride manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Maleic Anhydride Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global Maleic Anhydride Market Segment Percentages, By Type, 2020 (%)
Solid Maleic Anhydride
Molten Maleic Anhydride
Global Maleic Anhydride Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global Maleic Anhydride Market Segment Percentages, By Application, 2020 (%)
Unsaturated Polyester Resin
1,4-butanediol (BDO)
Other
Global Maleic Anhydride Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global Maleic Anhydride Market Segment Percentages, By Region and Country, 2020 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Maleic Anhydride revenues in global market, 2016-2021 (Estimated), ($ millions)
Key companies Maleic Anhydride revenues share in global market, 2020 (%)
Key companies Maleic Anhydride sales in global market, 2016-2021 (Estimated), (K MT)
Key companies Maleic Anhydride sales share in global market, 2020 (%)
Further, the report presents profiles of competitors in the market, key players include:
Huntsman Corporation
Sasol-Huntsman
Ashland
Polynt
LANXESS
Thirumalai Chemicals Ltd.
Flint Hills Resources
BASF
YONGSAN CHEMICALS,INC
DSM
Mitsubishi Chemical
NIPPON SHOKUBAI
Elekeiroz SA
Bartek Ingredients
Korea PTG
CEPSA
MOL Group
Mitsui Chemicals
Changzhou Yabang Chemical
Tianjin Bohua Zhonghe Chemical
Qiaoyou Chemical
Zibo Qixing Tengda Chemical
Zhejiang Jiangshan Chemical
Hongxin Chemical
Shengyuan Group
Jiangyin Shunfei Fine chemical
Jiangsu Zhongteng Chemical
Huanghua Hongcheng Business
Shanxi Hengqiang Chemical
Changzhou Shuguang Chemical
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Maleic Anhydride Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Maleic Anhydride Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Maleic Anhydride Overall Market Size 2.1 Global Maleic Anhydride Market Size: 2021 VS 2027 2.2 Global Maleic Anhydride Revenue, Prospects & Forecasts: 2016-2027 2.3 Global Maleic Anhydride Sales (Consumption): 2016-2027 3 Company Landscape 3.1 Top Maleic Anhydride Players in Global Market 3.2 Top Global Maleic Anhydride Companies Ranked by Revenue 3.3 Global Maleic Anhydride Revenue by Companies 3.4 Global Maleic Anhydride Sales by Companies 3.5 Global Maleic Anhydride Price by Manufacturer (2016-2021) 3.6 Top 3 and Top 5 Maleic Anhydride Companies in Global Market, by Revenue in 2020 3.7 Global Manufacturers Maleic Anhydride Product Type 3.8 Tier 1, Tier 2 and Tier 3 Maleic Anhydride Players in Global Market 3.8.1 List of Global Tier 1 Maleic Anhydride Companies 3.8.2 List of Global Tier 2 and Tier 3 Maleic Anhydride Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Maleic Anhydride Market Size Markets, 2021 & 20
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Potato Flakes Market is projected to grow at a CAGR of 7% during 2019 to 2029
The latest report published by TMR on the potato flakes market includes global industry analysis and opportunity assessment for 2019-2029. Revenue generated by the global potato flakes market has been estimated to be valued at ~US$ 5.7 Bn in 2019, which is projected to increase at a CAGR of ~7% over the forecast period, to reach ~US$ 11.5 Bn by 2029.
Potato Flakes Market: Flourishing Demand from Bakery Industry
Technology and recipes of baking have been improved to increase the shelf life of products and adapt to the shifting preferences of consumers.
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Shelf life is one of the major concerns among bakery manufacturers, as bakery products contain a subsequent amount of moisture, lipid, protein, carbohydrates, and others. Potato flakes help enhance the shelf life of bakery products, owing to their ability to retain water content. Increasing the shelf life is possible with technologies such as interrupted bread-making.
This technology indicates an alternative to overcome staling and microbial deterioration. Ingredient-wise, potato flakes have been widely consumed in the bakery industry to enhance the texture of bakery products. Further, the earthy flavor of potato flakes leads to their widespread application in bakery products. Potato flakes are widely used in cakes, muffins, and breads. The above-mentioned factors strongly support the growth of the potato flakes market due to the bakery industry.
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Potato Flakes Market: Increasing Demand for Prepared Food Surging Growth
Increasing urbanization and per capita disposable income have led customers to spend more on processed, prepared, and ready-to-eat food, which is convenient and saves their time. With the increasing demand for ready-to-eat meals, potato flakes are also gaining traction among food manufacturers. Potato flakes are high in nutritional value, contain a high amount of carbohydrates, are rich in dietary fibers, and also contain vitamins and minerals such as vitamin C.
The high amount of dietary fiber content in potato flakes attracts the obese population, owing to their benefit in controlling hunger. These mentioned factors are expected to create growth opportunities for the potato flakes market in the coming years.
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Baby Food Industry Serving a New Growth Path to Potato Flakes Market
Manufacturers involved in the potato flakes industry are emphasizing on launching organic potato flakes that are easy and comfortable to make food with. For instance, the Ore-Ida brand offers steam mashed potatoes that are easy to mix with milk and offer babies as nutritious solid food. Manufacturers are focusing toward product innovation and launching more brands with fortified protein and mironutrients, organic claims, and instant or ready-to-eat products.
Potato flakes are a rich source of nutrients, vitamins, and minerals, and are increasingly being used for making puree or small portion size meals for infants. The increasing popularity of potato flakes in the baby food segment is expected to fuel the demand for potato flakes in the coming years.
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