#Impact of COVID-19 on Unsaturated Polyester Resins Market

[chemanalystdata]

Fumaric Acid Prices | Pricing | News | Database | Chart | Forecast

 Fumaric Acid Prices a key chemical used widely in food, beverage, and industrial applications, has experienced significant fluctuations in pricing due to various market dynamics. This dicarboxylic acid, known for its sour taste and preservative properties, is utilized across sectors, including food processing, animal feed, resins, and unsaturated polyester. The prices of fumaric acid have historically been influenced by a combination of factors such as raw material costs, global demand trends, supply chain disruptions, and environmental regulations that impact production processes. In recent years, the market has witnessed some notable shifts due to these elements, creating a complex landscape for industry stakeholders.

One of the major factors driving the price of fumaric acid is the cost of raw materials. The primary feedstock for fumaric acid production includes maleic anhydride, which itself is derived from hydrocarbons like benzene or butane. Therefore, any changes in the cost of hydrocarbons can directly impact the pricing of fumaric acid. Fluctuations in crude oil prices, for example, have ripple effects throughout the supply chain, affecting both production costs and market prices. When crude oil prices rise, maleic anhydride production costs increase, which in turn raises the cost of producing fumaric acid. Additionally, geopolitical tensions and changes in trade policies can lead to volatility in raw material prices, further compounding the cost challenges faced by manufacturers.

Get Real Time Prices for Fumaric Acid: https://www.chemanalyst.com/Pricing-data/neopentyl-glycol-npg-1194

Global demand for fumaric acid also plays a crucial role in shaping market prices. The food and beverage industry represents a significant portion of the demand for fumaric acid due to its use as an acidity regulator, flavor enhancer, and preservative in a wide range of products, including bakery items, beverages, and candies. The rising consumer preference for processed and packaged foods, driven by changing lifestyles and increasing disposable incomes, has led to a steady demand for fumaric acid in this sector. This consistent demand helps stabilize prices; however, any major shifts in consumption patterns or regulatory changes that limit the use of additives could lead to price fluctuations.

The industrial applications of fumaric acid, particularly in the production of resins, unsaturated polyester, and alkyd resins, also contribute to market demand. The construction and automotive industries are significant consumers of these materials, and any changes in economic conditions or infrastructure spending can have a notable impact on fumaric acid prices. For example, periods of robust economic growth typically lead to increased demand for construction materials, which in turn boosts the consumption of fumaric acid and supports price increases. Conversely, economic downturns or slowdowns in key end-use sectors can reduce demand and lead to downward pressure on prices.

Supply chain dynamics also have a considerable influence on the price of fumaric acid. Disruptions such as transportation bottlenecks, port closures, and labor shortages can lead to delays in the delivery of raw materials and finished products. The COVID-19 pandemic highlighted the vulnerability of global supply chains, causing disruptions that affected the availability of many chemical products, including fumaric acid. While supply chain challenges have gradually improved since the height of the pandemic, lingering issues, such as shipping delays and increased logistics costs, continue to impact the market and contribute to price volatility.

Another key factor affecting fumaric acid prices is environmental regulation. Stringent environmental policies, particularly in regions such as Europe and North America, have led to tighter controls on chemical production processes to minimize emissions and reduce environmental impact. Compliance with these regulations often requires significant investments in cleaner and more sustainable production technologies, which can increase production costs and, consequently, market prices. As sustainability becomes a more pressing concern across industries, manufacturers are increasingly focused on adopting eco-friendly practices, which may further influence pricing trends.

In recent years, China has emerged as a major producer and supplier of fumaric acid, playing a pivotal role in the global market. The country’s dominance in this sector has a significant impact on prices, as any changes in Chinese production capacity, government policies, or trade tariffs can influence global supply and pricing dynamics. For example, efforts by the Chinese government to enforce stricter environmental regulations have led to the closure of some chemical manufacturing facilities, reducing the overall supply of fumaric acid and contributing to price increases. Additionally, the ongoing trade tensions between China and other major economies, such as the United States, have the potential to disrupt trade flows and affect prices.

Looking ahead, the price outlook for fumaric acid will likely continue to be shaped by a complex interplay of factors, including raw material costs, demand dynamics, supply chain stability, and regulatory developments. The growing emphasis on sustainability and environmentally friendly practices may drive innovation in production technologies, potentially altering the cost structure of fumaric acid manufacturing. Moreover, economic conditions and consumer preferences will play a pivotal role in determining demand across various end-use sectors. As market participants navigate these challenges, the ability to adapt to changing conditions and maintain a competitive edge will be critical in managing price risks and ensuring a stable supply of this essential chemical.

In summary, fumaric acid prices are influenced by a multifaceted set of factors that include raw material costs, global demand trends, supply chain dynamics, and regulatory pressures. These elements interact in complex ways, creating a dynamic market environment that requires careful monitoring and strategic planning by industry stakeholders. As the market continues to evolve, businesses must remain agile and responsive to changes in order to optimize their operations and effectively manage price fluctuations. The future of fumaric acid pricing will depend on the ongoing balance between supply and demand, as well as the industry's ability to adapt to emerging trends and challenges.

Our Related News for Fumaric Acid: https://www.chemanalyst.com/Pricing-data/fumaric-acid-1134

Contact Us:

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

[surbhijamdade]

Global Fumaric Acid Market Overview : Size, Share, and Future Trends Forecast

Latest Research Report on “Fumaric Acid Market” | Survey with Valuable Insights

The 2024 market research report for Fumaric Acid Market offers a comprehensive analysis of the industry, covering key aspects such as trends, opportunities, risks, and drivers. It provides a detailed evaluation of the market's revenue, size, and volume, while also assessing the product portfolios, capacities, and revenues of leading companies. Additionally, the report delves into various industry segments.

According to Straits Research, the global Fumaric Acid Market market size was valued at USD XX Billion in 2020. It is projected to reach from USD XX Billion in 2021 to USD Billion by 2029, growing at a CAGR of 4.8% during the forecast period (2021–2029). The report places particular emphasis on the Industrial Adhesive market, examining its overall size, segment size (including product type, application, and geography), competitive landscape, current status, and development trends. It also offers strategic insights for companies to navigate the challenges posed by COVID-19.

Get a sample PDF of the report at https://straitsresearch.com/report/fumaric-acid-market/request-sample

TOP Key Industry Players of the Fumaric Acid Market

Bartek Ingredients

Prinova LLC

Polynt S.P.A

Fuso Chemicals

Dastech International Inc

Thirumalai Chemicals

Xilong Chemical Company Ltd

Nippon Shokbai Co Ltd

Tianjin Bohai Chemicals

The Chemical Company

Wego Chemicals and Mineral Corp

S. Chemicals LLC

Changzhou Yabang Chemical Co Ltd

XST Biological

Suzhou Youhe Science and Technology Co Ltd

Fumaric Acid Market Segmental Analysis

As a result of the Fumaric Acid market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By Type

Food Grade

Technical Grade

By Applications

Food Additives

Rosin-Sized Sheathing Paper

Unsaturated Polyester Resins

Alkyd Resins

Others

By End-Use

Food and Beverages Industry

Cosmetics Industry

Pharmaceutical Industry

Chemical Industry

By Extraction Type

Fumaria Officinalis

Maleic Anhydride

Fermentation

You can check In-depth Segmentation from here: @ https://straitsresearch.com/report/fumaric-acid-market/segmentation

Regional Analysis Fumaric Acid Market

The regional analysis section of the report offers a thorough examination of the global Fumaric Acid market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Fumaric Acid market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

New Additions in the 2024 Report:

Expanded Industry Overview: The report now includes a more comprehensive and detailed industry overview.

In-Depth Company Profiles: Enhanced profiles providing deeper insights into key industry players.

Customized Reports and Analyst Support: Tailored reports and direct access to analyst support available upon request.

Insights on Market Developments: Updated information on recent market trends and future growth opportunities.

Regional/Country-Specific Customization: Reports tailored to specific regions and countries according to your needs.

Key Highlights

Examine the Fumaric Acid Market: This includes an introduction, analysis of product types and applications, an overview of the market, and a country-by-country market analysis. The study also explores market opportunities, risks, and driving forces.

Profile Manufacturers: The research focuses on manufacturers of Fumaric Acid, including detailed profiles, primary business activities, recent news, sales, pricing, revenue, and market share.

Competitive Landscape Overview: Provide an overview of the competitive landscape among the world's leading manufacturers, highlighting their sales, revenue, and market share.

Market Segmentation Analysis: Illustrate the market segmented by type and application, with detailed breakdowns of sales, price, revenue, market share, and growth rate for each segment.

Regional Market Analysis: Analyze key regions, including North America, Europe, Asia Pacific, the Middle East, and South America. This includes sales, revenue, and market share data segmented by manufacturers, types, and applications.

Production Cost Investigation: Investigate production costs, essential raw materials, and the production methods used in the industry.

Reasons to Purchase This Report:

Access to Comprehensive Information: Gain access to an extensive collection of analysis, research, and data that would be challenging to acquire independently. This report offers valuable insights, saving you considerable time and effort.

Enhanced Decision-Making: Equip yourself with detailed insights into market trends, consumer behavior, and key industry factors. This report provides essential information for strategic planning, including decisions on investments, product development, and marketing strategies.

Achieving Competitive Advantage: Stay ahead in your industry by understanding market dynamics and competitor strategies. This report delivers deep insights into competitor performance and market trends, enabling you to craft effective business strategies and maintain a competitive edge.

Credibility and Reliability: Trust in the expertise of industry professionals and the accuracy of thoroughly researched data. Authored by experts and grounded in rigorous research and analysis, this report enhances credibility and reliability.

Cost-Effective Research: Reduce research expenses by investing in this comprehensive report instead of conducting independent research. It provides a cost-effective means of accessing detailed analysis and insights on a specific topic without requiring extensive resources.

To Understand How Covid-19 Impact Is Covered in This Report - https://straitsresearch.com/report/fumaric-acid-market/request-sample

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Contact Us

Email: sales@straitsresearch.com

Address: 825 3rd Avenue, New York, NY, USA, 10022

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

[chemicalresearchupdates]

Itaconic Acid Market Overview: Growth Opportunities and Challenges

The itaconic acid market has gained immense traction in the recent years. Itaconic acid is a unsaturated organic acid produced by fermentation or chemical synthesis. It is used in the manufacturing of chemicals, resins and polymers that have applications in construction industry, paints & coatings and agriculture among others. Global itaconic acid market is estimated to be valued at US$ 134.1 Mn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030.

Itaconic acid has properties such as biodegradability, UV stability and versatility which makes it suitable for use in the construction industry. It is used in the manufacturing of resins for concretes, adhesives and grouts which have high demand owing to rise in construction activities globally. Key Takeaways

Key players operating in the itaconic acid market are Itaconix Corporation, Jinan Huaming Biochemistry Co. Ltd., Qingdao Langyatai Group Co. Ltd., Zhejiang Guoguang Biochemistry Co., Ltd., Alpha Chemika, Chengdu Jinkai Biology Engineering Co., Ltd., Ronas Chemicals Ind. Co., Ltd., Iwata Chemical Co., Ltd., Shandong Kaison Biochemical Co., Ltd., Aekyung Petrochemical Co. Ltd., Spectrum Chemical Manufacturing Corp. Among these Itaconix Corporation is the largest producer of itaconic acid globally.

Demand for itaconic acid is rising at a faster pace owing to its increasing use in paints & coatings and construction chemicals industries. It is used as a co-monomer for synthesis of polymers and resins that have wide application in these end use industries.

Technological advancements are expanding the scope of applications for itaconic acid. Research is being conducted for developing techniques of producing itaconic acid from renewable resources sustainably through fermentation process which will further boost the market growth.

Market Trends

Growing preference for bio-based materials: With rising environmental concerns, manufacturers are focusing on developing bio-based and biodegradable alternatives to conventional petrochemical materials. Itaconic acid derived polymers are finding increased adoption as eco-friendly substitutes.

Product innovation through R&D: Companies are investing in R&D to expand the applications of itaconic acid in new end use industries like textiles, pharmaceuticals etc through development of novel polymers and resins using itaconic acid as monomer. This is expected to drive the future demand.

Market Opportunities

Untapped opportunities in Asia Pacific: The Asia Pacific region presents lucrative growth opportunities for itaconic acid market owing to rapidly expanding construction and coatings industries in China and India. Local players are establishing production facilities to cater to the rising regional demand.

Increasing demand from developing economies: Emerging economies like Latin America, Middle East, Africa are witnessing rise in infrastructure development activities. This will boost the use of itaconic acid based construction chemicals, thereby driving the market growth over the forecast period.

Impact of COVID-19 on Itaconic acid Market

The outbreak of the COVID-19 pandemic has significantly impacted the growth of the global itaconic acid market. With nationwide lockdowns imposed across various countries to curb the spread of the virus, both the supply and demand side of the itaconic acid market was disrupted. The lockdowns led to shutting down of manufacturing facilities and logistical issues hindered the supply chain of itaconic acid. This led to reduction in availability of raw materials and shortage of itaconic acid across various end-use industries like synthetic latex, unsaturated polyester resins, acrylic paints, adhesives, and coatings. On the demand side, closure of various facilities across end-use industries significantly lowered the consumption of itaconic acid. For instance, shutdown of automotive plants brought down the consumption of itaconic acid used in resin formulation. Similarly, reduced construction activities reduced the demand from unsaturated polyester resin industry. However, with eased lockdowns and resumption of industrial operations in late 2020 and 2021, the itaconic acid market is witnessing steady recovery. The demand is increasing from end-use industries as their production increases gradually. The suppliers are also stabilizing supply chains to cater to the growing demand. The market is expected to reach pre-pandemic levels in the coming years, supported by government initiatives to boost economies. Companies are pursuing strategies like capacity expansions and collaborations to strengthen their positions in the recovering market. Geographical regions with concentrated Itaconic acid market in terms of value

Currently, the itaconic acid market is concentrated in North America and Europe in terms of value. The USA and Germany have emerged as the major consumers of itaconic acid. This is attributed to strong presence of end-use industries like synthetic polymers, paints & coatings, agrochemicals in these regions. The growing construction activities along with increasing automotive production in North America and Western Europe has been driving the consumption of unsaturated polyester resins and paints & coatings, thereby supporting the demand for itaconic acid. Fastest growing region for Itaconic acid market

Asia Pacific region is expected to be the fastest growing market for itaconic acid during the forecast period. The growth can be attributed to increasing industrialization and urbanization in emerging countries like China and India. Factors like rising disposable incomes, growth in the automotive industry and infrastructure development are supporting the consumption of end-use products in the region. Additionally, manufacturing units being set up by key players in Asia to cater to the growing demand will further propel the itaconic acid market growth in the region over the coming years.

[blueweave8]

India DCPD UPR Grade Resin Market Analysis, Report 2022-2028

A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the India DCPD UPR Grade Resin Market was worth USD 46.51 million in 2021 and is further projected to reach USD 114.41 million by the year 2028, exhibiting a CAGR of 13.7 % over the analysis period of 2022-2028. The market is expected to increase as a result of ongoing research and innovations in bio-based unsaturated polyester resin, which provides recyclability, superior strength, and heat and corrosion resistance with less thickness. Additionally, the employment of DCPD UPR in reinforcement, roofing, concrete, and composites of residential structures, factories, buildings, and mass transit applications is growing as a result of India's expanding building and construction sector.

Opportunity

Emerging Automotive and Marine Sector

India's emerging automobile and marine sector is creating a lucrative opportunity for the DCPD UPR grade resins market. DCPD UPR grade resin is highly used in the production of automotive parts since it has low viscosity and resistance to heat which allows the resulting product to be large, strong, and lightweight and makes it a popular choice for protective coverings such as shields and hoods as well as the outer bodies of cars, trucks, and machinery. The Automotive Mission Plan 2016-26 is a mutual initiative by the Government of India and the Indian automotive industry to lay down the roadmap for the development of the industry.

DCPD resins are also utilized for the construction of boats and ship components. In India, according to the Ministry of Shipping, around 95% of India's trading by volume and 70% by value is done through maritime transport. Therefore, the rising demand for marine transport is contributing to the demand for DCPD UPR Grade Resin in boat manufacturing.

Request for Sample Report @ https://www.blueweaveconsulting.com/report/india-dcpd-upr-grade-resin-market/report-sample

Challenge

Fluctuation in Raw Material Prices effecting Manufacturers Operations

The company purchases DCPS raw materials, including petroleum products such as gas oils, naphtha, and crude oil, and also purchases certain monomers, primarily ethylene and propylene, to supplement internal production, as well as other raw materials. The petroleum industry in India has been suffering from the problem of shortage of raw materials, i.e., petroleum crude. The petroleum industry has to depend too much on imported crude. Due to the increasing volume of the demand-supply gap, the petroleum refineries in India still need to utilize their production capacity fully. Therefore, DCPD manufacturers are impacted due to the rise in prices of crude oil.

The paints and coating application segment account for the largest market share in the India DCPD UPR Grade Resin Market

The paints and coating segment accounted largest market share in 2021. The Indian paints and coatings industry will see significant investments from new entrants in addition to capacity increases and greenfield plants by current paints and coatings firms. By the end of 2023, it is anticipated that the entry of Grasim Industries and JSW Group, as well as the indication of interest in expansions by two current mid-sized producers (Indigo Paints and Shalimar Paints), will alter the dynamics of the Indian paint and coating manufacturing.

Impact Of COVID-19 On the India DCPD UPR Grade Resin Market

In the first half of 2020, COVID-19 had various unfavorable effects on India's DCPD UPR resin-grade market. The supply chain for the primary raw materials needed for DCPD manufacture was disrupted as a result of the transportation and logistics restrictions implemented nationwide in reaction to the pandemic. Due to the interruptions experienced by its main end-use industries during the first wave of Covid-19, including construction, automotive, and paints & coatings, DCPD makers experienced a decline in demand. The lockout easing resulted in a quick rebound in the automotive and construction industries by the end of 2020, which increased market demand for DCPD UPR resin grade.

Competitive Landscape

Leading players in the India DCPD UPR resins market are Orson Resins and Coatings Private Limited, Braskem, Revex Group, Shreyans Chemicals, Eternal Materials Co Ltd., Satyen Polymers Private Limited, Sisco Research Laboratories Pvt. Ltd. (SRL), Loba Chemie, HiMedia, Jay Chem Marketing, Bharat Jyoti Impex, National Analytical Corporation, NOVA Chemicals Corporation.

In August 2022, To increase capacity in both existing and new value chains, Mukesh Ambani-led Reliance Industries aims to spend 75,000 crores in its petrochemicals and textile businesses over the next five years. The largest polyester fiber and yarn manufacturer in India, Reliance Industries Limited (RIL), seeks to increase the value chain for polyester and vinyl and create new products for the textile sector.

Contact Us:

BlueWeave Research Blog

Phone No: +1 866 658 6826

Email: info@blueweaveconsulting.com

[sramfact]

The unsaturated polyester Resin (UPR) market size is estimated to be USD 9.6 billion in 2021 and is projected to reach USD 12.9 billion by 2026, at a CAGR of 6.1% between 2021 and 2026. The demand and use of UPRs are rapidly increasing due to the growth in construction, and wind energy industries. The economical price of UPR is also helping the resin to hold its position in the industry.

Technological advancements are making the UPR market to grow and become the preferred choice among other resins. UPRs with low dielectric constant and high thermostability was prepared. The wide applications and low cost of UPR will provide a better service and lessen the problem faced before. This contribution will provide a new way for obtaining both thermostability and good electrical properties.

APAC is the largest and fastest-growing UPRs market. The low labor costs in the region are expected to drive the market. APAC is projected to register the highest CAGR during the forecast period. The market is expected to witness significant growth in automotive, construction, aerospace, electrical & electronics, and industrial assembly sectors in countries such as China, India, and South Korea. China is the largest country-level market in this region There has been a shift of the manufacturing base to the APAC region because of low-cost production and the ability to better serve local emerging markets.

North America is the second-largest region in the market. The region focuses on regular advancement of R&D and continuously work on innovation which is helping the region to capture the second-largest share. US is the fastest-growing market in North America. President Joe Biden’s coronavirus relief package is expected to spearhead the US construction industry in the coming years, which is expected to help the UPRs market to grow. In July 2020, the United States-Mexico-Canada Agreement (USMCA) came into force. The Agreement will create reciprocal trade supporting high-paying jobs for Americans, more balanced, and will grow the North American economy.

[coldpenguintaco]

The Building & Construction Segment Accounted for the Largest Share of the Unsaturated Polyester Resins Market During 2021-2026, Says MarketsandMarkets™

The Building & Construction Segment Accounted for the Largest Share of the Unsaturated Polyester Resins Market During 2021-2026, Says MarketsandMarkets™

Polyester resin is the backbone of many industrial products and is used in a wide range of applications, such as plastics, insulation, films and composites. The global unsaturated polyester resins market was valued at USD XX million in 2017 and is projected to grow at a CAGR of XX% through 2026. This report provides detailed analysis of the market by type (esterified, hard), application (…

[stratviewresearch]

Fumed Silica Market Pegged for Robust Expansion by 2028

Stratview Research has published a new report on the Fumed Silica Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.

Wish to know more about the study? Click here to get a Free Sample.

The objective of the Fumed Silica Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.

In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Fumed Silica Market.

Market Insights – The Fumed Silica Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.

Few key players operating in the Fumed Silica Market are-

Cabot Corporation

China-Henan Huamei Chemical Co., Ltd.

Dongyue Group

Evonik Industries AG

Henan Xunyu Chemical Co., Ltd.

Hubei Xingrui Silicon Materials Co., Ltd.

Kemitura Group

OCI Company Ltd.

Tokuyama Corporation

Wacker Chemie AG.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Fumed Silica Market value and growth drivers over the trend period of 2022-27. According to the report -

Fumed Silica Market is likely to witness an impressive CAGR of 5.0% during the forecast period. The major factors such as growing requirements for technical progression and to achieve cost optimization in the pharmaceutical industry, increase in demand for beauty & personal care products, increasing uses of paints & coatings by automotive & construction industries, and favorable trends related to building and construction sector are expected to boost the growth of the market during the forecast period.

Segment Analysis:

Based on Application Type:

Based on the application type, the market is segmented as pharmaceutical, beauty & personal care, silicone elastomers, paints, coatings, & inks, UPR, adhesives & sealants, food & beverages, and others. Beauty & Personal Care and Pharmaceuticals are estimated to be the leading applications in the market. Fumed silica is utilized as anti-blocking and thixotropic agent in various cosmetic products such as lipstick, foundations, skin care, and hair care., eventually fueling the growth of the cosmetics sector. On the other hand, fumed silica is the best fit for resolving issues such as compaction, weight variation, active or inactive ingredients segregation, tablet breakage, chipping, etc. faced by many pharmaceutical manufacturers.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. in 2021, around 2/5th of the global fumed silica production was consumed by Asia-Pacific. The growth is attributed to the presence of a large number of industries in the region. Factors such as Asia-Pacific’s growing real estate sector is estimated to flourish and attract high consumer demand for paints & coatings, and China and India being the major consumers of unsaturated polyester resin in both global and regional sectors, which are expected to fuel the growth of the regional market over the forecast period. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Know more about the report, click here

Critical Questions Answered in the Report

What are the key trends in the global Fumed Silica Market?

How the Fumed Silica Market (and its various sub-segments) has grown in the last five years?

What would be the growth driver and growth rate in next five years?

What is the impact of COVID-19 on the Fumed Silica Market?

What are the key strategies adopted by the major vendors to lead in the Fumed Silica Market?

What is the market share of the key players?

Target Audience

The following is a list of the customers that the Fumed Silica Market aims to convert the most:

Manufacturing Organizations

Distributors & Suppliers

Potential Investors

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at sales@stratviewresearch.com or +1-313-307-4176.

What we do –Stratview Research is a growing market research firm. Experts here illustrate innovative, descriptive, and comprehensive insights through market research to satisfy your individual and organizational objectives. We assist the users to make well-informed, profound and favourable decisions to comprehend the advantages of forthcoming trends, developments, assessments, and opportunities through our precise understanding of the market.

[constructioandchemicalblog]

Ethylbenzene Market Revenue Share & Revenue Growth Over The Forecast Period Upto 2027

Ethylbenzene Market stood at over USD 25 billion in 2027 and is expected to register a CAGR of over 2.8% during the forecast period.

The market is negatively impacted by COVID-19 in 2020. Considering the pandemic scenario, the construction and automotive manufacturing activities were stopped temporarily during the government-imposed lockdown, thus had decreased the demand for the ethylbenzene-based polymer and other products including automotive dashboards, exterior panels, styrene-acrylic emulsions, solvents, and reagents for paints and coatings, and others, which in turn has negatively impacted the demand for the ethylbenzene market. However, the demand for packaging, based on ethylbenzene’s derivative polystyrene has increased in the food and e-commerce packaging segment during the current situation, thereby stimulating the demand for the market studied.

The global demand for ethylbenzene has increased in the last couple of years. The growth of the global market is primarily driven by its increasing application in styrene production, chemical intermediates, and various end-use industries. Furthermore, the mergers and acquisitions in the chemical industry are also expected to fuel the market growth during the review period.

Competitive Analysis

Some of the key players operating in the global ethylbenzene market are.

Synthos S.A. (Germany)

Total S.A. (France)

Versalis (Italy)

ufu Xindi Chemical Research Limited Company. (China)

LyondellBasell Industries (The Netherlands)

Zhejiang Weishi Biotechnology Co.

Ltd (China)

SABIC (Saudi Arabia)

DowDuPont (US)

BASF SE (Europe)

Segment Analysis

The global ethylbenzene market has been segmented on the basis of application, end-use industry, and region.

Based on application, the global ethylbenzene market has been segmented into gasoline, paint & coatings, natural gas, asphalt & naphtha, diethylbenzene, and others. The gasoline segment accounted for more than half of the market share in terms of volume and value in 2018. Thus, an optimistic application outlook of ethylbenzene in end-use industries across the globe is expected to drive the demand during the forecast period. Pesticides is expected to be the fastest-growing segment in Asia-Pacific during the forecast period. The growth is attributed to the expanding chemical and paints & coatings industries.

By end-use industry, the global market has been segregated into polymers, construction, agricultural, packaging, paints & coatings, electronics, and other industrial. The polymers segment accounted for the largest market share owing to their increasing use in the production of styrene, which is later used to produce polystyrene, ABS resins, unsaturated polyester resins, SB latex, and SB rubber. Likewise, the increasing demand for ethylbenzene in intermediate chemical production is expected to boost the growth of the chemical segment.

Access Full Report: https://www.marketresearchfuture.com/reports/ethylbenzene-market-8028

Regional Analysis

The global ethylbenzene market, by region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific held the largest market share in 2018, followed by North America and Europe. The surge in polymer production and the growth of the manufacturing industries are some of the prominent factors driving the demand for ethylbenzene across the globe.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

email:sales@marketresearchfuture.com

[chemanalyst]

Diethylene Glycol Market is Expected to Grow at a CAGR of 5.12% by 2035

According to ChemAnalyst report, “Diethylene Glycol (DEG) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, The Diethylene Glycol (DEG) market witnessed significant growth as its demand reached 3.25 million tonnes in 2020 and is anticipated to grow at a healthy CAGR of 5.12% in the span of the next ten years. Consistently increasing demand for Diethylene Glycol from various end-use industries, including paint and coatings, automotive, textiles, cosmetic and personal care, building and construction, agrochemical, and others, is likely to boost the DEG market in the forecast period. The rising demand from the flourishing plastic industry is expected to drive the market in the upcoming years.

Explore full report with table of contents: https://www.chemanalyst.com/industry-report/diethylene-glycol-market-660

Diethylene glycol is a stable, colorless, odorless, poisonous, and hygroscopic liquid with the molecular formula C4H10O3.  DEG is completely miscible in water and consists of four carbon dimers of ethylene glycol. It is synthesized by the partial hydrolysis of Ethylene Oxide and as a co-product of ethylene glycol (MEG) and triethylene glycol. DEG is extensively used as a solvent that makes it useful in cleaners, cement processing, heat transfer fluids, and adhesives. Diethylene Glycol is commercially used in the manufacturing of antifreeze, brake fluid, cigarettes, some dyes, and medicines. It also finds its applications in the production of saturated and unsaturated polyester resins, polyurethanes, humectants, and plasticizers.

Request for a sample copy of this report: https://www.chemanalyst.com/ChemAnalyst/RequestForm

Diethylene Glycol (DEG) Market is segmented based on end-use, applications, distribution channel, and region. Based on various applications, the DEG market is divided into plasticizers, solvents, polyester resins, chemical intermediates, lubricants, dehydrants, cosmetic and personal care products, freezing product depressants, and others. The plasticizers segment accounts for the largest share in the DEG market around the world as it is widely used as a key raw material for various products like paper, cork, synthetic sponges, flexible PVC, etc. Rising consumption for flexible and lightweight PVC due to its massive utilization in medical devices, automotive parts, adhesive films, extruded wires, and others have bolstered the demand for Diethylene Glycol across the globe. The rising demand for DEG in the making of personal care products like skin creams, lotions, deodorants, etc., is expected to drive the market in the near future.

On the basis of end-use, the Diethylene Glycol market is segmented into plastic, paint and coatings, automotive, textiles, agrochemical, cosmetic and personal care, building and construction, and others. The plastic industry dominates the Diethylene Glycol market owing to the continuously increasing demand for plasticizers and polyurethanes across the globe. Rapidly increasing demand for DEG from the downstream automotive and paint and coatings industries is likely to drive the market in the upcoming years. Rising building and construction activities in nations like China and India will further boost the demand for DEG by the cement manufacturers, further augmenting its market in the forecast period.

Covid -19 Impact:

In 2020, due to the outbreak of COVID-19, The Diethylene Glycol market was severely affected around the globe. In terms of demand, the market showcased a downtrend due to the imposition of nationwide lockdowns and strict social distancing norms by leading authorities in several countries. Major end-use industries, including textiles, paint and coatings, automotive, and others, witnessed a downward trajectory due to the disruption in the supply chain of raw materials. The less availability of manpower has directly affected the production activities of these industries, thereby resulting in a decline in the demand for feedstock such as DEG.

Among different regions, the Asia Pacific region holds the largest share in the DEG market in 2020 and is likely to maintain its dominance until the next ten years. In emerging economies, growing industrialization along with Government spending on infrastructure development is expected to boost the demand for DEG, further propelling its market in the Asia Pacific region in the upcoming years. Rapidly increasing demand for polyester resins, polyurethanes, plasticizers, etc., from various downstream industries, including automotive, plastic, and others, will bolster the DEG market across the region. Infrastructure projects in the Asia Pacific region like the ‘Smart City Project’ are expected to drive the demand for Diethylene Glycol from the cement manufacturers in the future.

Market Players:

Reliance Industries

GC Glycol Company

BASF SE

Royal Dutch Shell PLC

Huntsman International LLC

India Glycol Limited

Indian Oil Corporation

SABIC

Lyondell Basell Industries

Mitsubishi Chemical Corporation

Acuro Organics Limited

Sibur

Indorama LLC., and Others.

“The rapidly increasing demand for Diethylene Glycol from various end-use industries including agrochemicals, cosmetic and personal care, automotive, and others is likely to boost the DEG market across the world in the upcoming years. The increasing disposable income and rising industrialization around the world has led to a rise in the demand for DEG which will propel its market in the forecast period. The government expenditure on infrastructure activities in emerging nations is likely to augment the DEG market in the future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Browse Related Reports

Polyurethane (PU) Resin Market Research Report @ https://www.chemanalyst.com/industry-report/polyurethane-pu-resin-market-61

Polyolefins Market Research Report @ https://www.chemanalyst.com/industry-report/polyolefins-market-307

About ChemAnalyst

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us

Imani Jex

3040 Post Oak Boulevard 18th Floor,

Houston, Texas

United States, 77056

Email: info@chemanalyst.com

Phone No: +1- (332)-258-6602| www.chemanalyst.com

[balrajgis]

Unsaturated Polyester Resins Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis | BASF SE, DOW Inc., Ineos Group

Global Unsaturated Polyester Resins Market report from Global Insight Services is the single authoritative source of intelligence on Unsaturated Polyester Resins Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Unsaturated polyester resins are synthetic resins that are used in a wide variety of applications. These resins are made by reacting a dicarboxylic acid with dihydric alcohol. The resulting polymer has a double bond that can be used to crosslink the polymer chains, creating a thermoset material.

To Remain ‘Ahead’ Of Your Competitors, Request for A Sample – https://www.globalinsightservices.com/request-sample/GIS20541/

Key Trends

Unsaturated polyester resins are a type of thermosetting plastic. They are made by the reaction of dicarboxylic acid and dihydric alcohol. The most common dicarboxylic acid is phthalic anhydride and the most common dihydric alcohol is ethylene glycol. Unsaturated polyester resins are used in a wide variety of applications including boat hulls, bathtubs, countertops, and pipes.

The market is driven by the growing demand for unsaturated polyester resins in the construction and automotive industries. The construction industry is the largest consumer of unsaturated polyester resins. The automotive industry is the second-largest consumer of unsaturated polyester resins.

Key Drivers

Unsaturated Polyester Resins are a type of synthetic thermosetting plastic resin. They are formed by the reaction of dicarboxylic acids and dihydric alcohols. The main drivers of the Unsaturated Polyester Resins market are their low cost, good chemical resistance, and high mechanical strength. They are used in a variety of applications such as boat hulls, bathtubs, pipes, and countertops.

Market Segments

By TypeOrthophthalic Resin

Isophthalic Resin

By End-Use IndustryBuilding and Construction

Tanks and Pipes

By RegionNorth AmericaUS

Request For Customization – https://www.globalinsightservices.com/request-customization/GIS20541/

Key Players 

BASF SE

DOW Inc.

Ineos Group

LERG SA

AOC

DSM

Scott Bader Company Ltd.

TIANHE RESIN CO., LTD.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Excel data pack included with all report purchases

Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC

16192, Coastal Highway, Lewes DE 19958

E-mail: info@globalinsightservices.com

Phone: +1–833–761–1700

[researge]

Global Cyclopentadiene & Dicyclopentadiene Market Study, 2014-2030

Analysis of the CYCLOPENTADIENE & DICYCLOPENTADIENE MARKET

A comprehensive market study on the CYCLOPENTADIENE & DICYCLOPENTADIENE MARKET Market provides an overview of the demand-supply and consumption patterns of Cyclopentadiene & Dicyclopentadiene Market across six different regions. This market study describes the Cyclopentadiene & Dicyclopentadiene Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Cyclopentadiene & Dicyclopentadiene Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Cyclopentadiene & Dicyclopentadiene Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Cyclopentadiene & Dicyclopentadiene Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

Request Sample Report-

https://prismaneconsulting.com/report_request_sample?_token=xCiSJDFNtgAxnlJGiYys9OcWQu9UhHNnlrZfsdfq&report_id=308

The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Cyclopentadiene & Dicyclopentadiene Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global Cyclopentadiene & Dicyclopentadiene Demand Analysis By Application, (Volume, Value) (2014–2030)

Strategic Issues

Demand Analysis and Forecast (2014 – 2030)

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Cyclopentadiene & Dicyclopentadiene Market, By Application

Unsaturated Polyester Resins

Hydrocarbon (Petroleum) Resins

EPDM Elastomers

Polydicyclopentadiene (Poly-DCPD)

Cyclo-Olefin Copolymers or Cyclo-Olefin Polymers (COC/COP)

Others

Why Prismane Consulting?

Chemical Sciences, Engineering, Oil & Gas, Finance, Economics and Business backgrounds

Real-world industry, consulting, and market research experience

Average work experience of 10+ years

Get Full Access of the Report @

https://prismaneconsulting.com/checkout?_token=xCiSJDFNtgAxnlJGiYys9OcWQu9UhHNnlrZfsdfq&report_id=308&single_user_license=Single

About Prismane Consulting

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs, and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. To know more write to us on info@prismaneconsulting.com

Contact Us

Prismane Consulting

Office #519, Amanora Chambers, Amanora Park Town,

Hadapsar-Magarpatta Road,

Pune 411028

India

info@prismaneconsulting.com

[marketresearchblogimr]

2-Methyl-1 3-Propanediol Market Development and Trends

According to this latest study, the growth in the 2-Methyl-1 3-Propanediol market will change significantly from the previous year. Over the next five years, 2-Methyl-1 3-Propanediol will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.

The global 2-Methyl-1 3-Propanediol  market provides qualitative and quantitative information on growth rate, market segmentation, market size, future trends and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the 2-Methyl-1 3-Propanediol market. This report analyses and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.

Report Coverage

The report offers a comprehensive perspective of the market size, share, revenue and volume. It has also delved into Porters’ Five Force Analysis SWOT analysis. Quantitative and qualitative assessments have been used to provide a holistic view of the market. The primary interviews validate assumptions, findings and the prevailing business scenarios. The report also includes secondary resources, such as annual reports, press releases, white papers and journals.

Key Prominent Players in the 2-Methyl-1 3-Propanediol Market:

LyondellBasell, DAIREN Chemical Corp

Get a sample PDF of the report at: https://www.introspectivemarketresearch.com/request/5932

Market segmentation

The Global 2-Methyl-1 3-Propanediol Market is segmented on the basis of its type, application, and regional demand. Detailed segmentation of the 2-Methyl-1 3-Propanediol market, based on type and application and a descriptive structure of trends of the segments and sub-segments are elaborated in the report. It also provides the market size and estimates a forecast from the year 2022 to 2028 with respect to major regions

2-Methyl-1 3-Propanediol Market Segment by Types, Estimates, and Forecast by 2028

Assay (on a dry basis), Water, Color, Carbonyl (as -CHO), Iron

2-Methyl-1 3-Propanediol Market Segment by Applications, Estimates, and Forecast by 2028

Unsaturated Polyester Resins, Coating, Modified PET, Personal Care

Regional Analysis for COVID-19 Outbreak-Global 2-Methyl-1 3-Propanediol Market:

APAC     (Japan, China, South Korea, Australia, India, and Rest of APAC)

Europe     (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)

North     America (U.S., Canada, and Mexico)

South     America (Brazil, Chile, Argentina, Rest of South America

MEA     (Saudi Arabia, UAE, South Africa)

To Understand How COVID-19 Impact is Covered in This Report. Get Sample copy of the report at 

https://www.introspectivemarketresearch.com/inquiry/5932

Overall, this report covers the historical situation, current position, and the upcoming future prospects of the global 2-Methyl-1 3-Propanediol market during the forecasted period. This 2-Methyl-1 3-Propanediol Report Provides an excellent market outlook in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. This market research study presents actionable market insights with which environmental and profitable business approaches can be created. Studying and analysing the impact of Coronavirus COVID-19 on the 2-Methyl-1 3-Propanediol industry, the report gives an in-depth analysis and expert suggestions on how to face the post COIVD-19 period.

This report offers information about the 2-Methyl-1 3-Propanediol market and covering company profiles, patterns, industry dynamics, and market share. The report also throws light on a set of constantly changing market situations as well as future evaluations of various factors that totally affect the market.

Studying and analysing the impact of Coronavirus COVID-19 on the 2-Methyl-1 3-Propanediol industry, the report provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

[imrmarket]

2-Methyl-1 3-Propanediol Market 2021: Future Demand, Market Analysis

2-Methyl-2-propyl-1,3-propanediol (MPP) is a simple alkyl diol which has sedative, anticonvulsant and muscle relaxant effects. It is both a synthetic precursor to, and an active metabolite of the tranquilizers meprobamate and carisoprodol, as well as other derivatives. Methyl-propane-diol, also known as MPD, is an organic compound with the chemical formula CH₃OCH₂CH(OH)CH₃. It is a clear, colorless liquid with a faint odor. MPD is miscible with water and soluble in most organic solvents. MPD is produced by the hydrogenation of propionaldehyde. It is used as a building block for the production of polyurethanes, resins, and plasticizers. MPD can also be used as an antifreeze, coolant, and heat-transfer fluid.

2-Methyl-1 3-Propanediol Market report covers the detailed analysis on current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

GET MORE INFO@:  https://introspectivemarketresearch.com/reports/2-methyl-1--3-propanediol-market-research-report-2020-market/

The key players covered in the 2-Methyl-1 3-Propanediol market report are:

•    LyondellBasell

•    DAIREN Chemical Corp

Market has segmented the global 2-Methyl-1 3-Propanediol market on the basis of type, application, and region:

By Type:

·         Assay (on a dry basis)

·         Water

·         Color

·         Carbonyl (as -CHO)

·         Iron

 By Application:

·         Unsaturated Polyester Resins

·         Coating

·         Modified PET

·         Personal Care

·         Other

By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

Covid-19 Impact Is Covered in This Report:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, 2-Methyl-1 3-Propanediol Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.

The research provides an up-to-date analysis of the current market scenario, as well as the current developments and drivers, and the market landscape. Furthermore, the growing demand for 2-Methyl-1 3-Propanediol is expected to propel the industry forward. The 2-Methyl-1 3-Propanediol market analysis is segmented into type, application, and geographic landscape.

Also, the 2-Methyl-1 3-Propanediol market analysis report includes information on upcoming technology trends, restraints, threats, challenges and opportunities that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The report contains a comprehensive market and competitive landscape in addition to an analysis of the key vendors.

Report covered the major key points:

•         Explore key findings of the overall market

•         Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

•         Market forecasts for a minimum of 7years, along with 5 years of historical data for all segments, sub-segments, and regions

•         Market Segmentation caters to a thorough assessment of key segments with their market estimations

Reasons to Purchase the 2-Methyl-1,3-Propanediol Market Report:

·         The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period

·         Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.

·         Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.

·         The competitive landscape comprises share of key players, new developments, and strategies in the last three years.

·         Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.

[chemicalintel360]

Research Report on Phenol Market Size 2021-2027 Industry Share and Demand Analysis of Key Players

The global Phenol market is valued at US$23.3 billion in 2020 and is expected to grow at a CAGR of 5.5% during the forecast period mainly due to the growing demand of the chemical in the production of polycarbonates and epoxy resins.

Phenol (C6H5OH), also known Phenolic Acid, is a toxic, colourless, crystalline solid which is soluble in water due to its strong hydrogen bonding. It is used as an intermediate for synthesizing several chemical compounds, as a derivative in the production of nylon, herbicides, epoxies and cosmetics as well as in manufacturing of household products such as detergents. It is also used as a disinfectant and antiseptic. Further, the use of polycarbonates and epoxy resins in various end-user industries such as paints and coatings, electronics, packaging and adhesives will drive the market growth.

Request for Sample Copy of this Report @ https://www.chemintel360.com/reportdetails/Global-Phenol-Market/22#popup

Covid Imapct:

The global Phenol market has been adversely impacted by the COVID-19 induced lockdowns. Growth of the market is primarily dependent on the demand for two chemicals Bisphenol-A (BPA) and Phenolic Resins which are used in the construction, automotive and electronics industries. The lockdowns resulted in the closure of many manufacturing plants and construction activities around the world, which drastically reduced both supply and demand for these chemicals and also of the end products such as paints and coatings. For example, as per a study by French organisation, International Organization of Motor Vehicle Manufacturers, global vehicle manufacturing in 2020 was estimated to be around 77 million, as compared to 92 million in the previous year.

Market Dynamics:

Drivers

Phenol is used as a raw material in many end-use industries. It is used as an industrial cleaner for machinery parts and electronic devices, as a raw material to manufacture drugs and antioxidants, as a key component in wood preservatives such as creosote and as a basic material for plastics and explosives. It is also required for the manufacturing intense colored dyes and in daily use products such as liquid detergents, mouthwash, inks, floor cleaners and disinfectants.

Furthermore, phenolic resins are used to manufacture thermosetting plastics used in the production of electrical components such as electron tubes, insulators and sockets. Additionally, paper phenolics are utilized to manufacture household laminates and paper composite panels, while glass phenolics are utilized in the high-speed bearing market.

Moreover, rapid economic growth backed by strong industrial and construction activity is expected to drive the demand for phenolic resins in the production of plywood, laminated beams and flooring panels.

Opportunities

Bisphenol-A (BPA) is used as a strengthening agent in polycarbonate plastics, epoxy resins unsaturated polyester, polysulfone and polyetherimide.Epoxy resins are produced by mixing BPA and epichlorohydrin (ECH). Due to their versatility and adhesive, anti-corrosive, fire-resistant, and heat-resistant properties, epoxy resins are becoming an intrinsic part of construction (including flooring), shipbuilding, water and sewage treatments, as well as home appliances.

Increasing demand for polycarbonate and epoxy resins in paints and coatings, adhesives, electrical and electronics, packaging, and other end-user industries, is one of the prime reasons responsible for the growth of the Bisphenol-A (BPA) market.

It is expected that the volume of the polycarbonate market will reach 6,141.32 kilo metric tons and epoxy resin market will reach 4,639.94 kilo metric tons by the year 2023, subsequently increasing the demand of BPA and in-turn driving the market for Phenol.

For More Detail @ https://www.chemintel360.com/reportdetails/Global-Phenol-Market/22

Key Players

The key players in this industry include Solvay, INEOS Capital Limited, AdvanSix Inc., Royal Dutch Shell PLC, Kumho P&B Chemicals Inc., Altivia, Mitsubishi Chemical Corporation, Cepsa, Domo Chemical GmbH, and Mitsui Chemicals Inc

About Us:

ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.

Contact Us:

Mr. Jason Victor

Skype ID: ChemIntel360

mail Id: info@chemintel360.com

[sramfact]

The unsaturated polyester Resin (UPR) market size is estimated to be USD 9.6 billion in 2021 and is projected to reach USD 12.9 billion by 2026, at a CAGR of 6.1% between 2021 and 2026. The demand and use of UPRs are rapidly increasing due to the growth in construction, and wind energy industries. The economical price of UPR is also helping the resin to hold its position in the industry.

Technological advancements are making the UPR market to grow and become the preferred choice among other resins. UPRs with low dielectric constant and high thermostability was prepared. The wide applications and low cost of UPR will provide a better service and lessen the problem faced before. This contribution will provide a new way for obtaining both thermostability and good electrical properties.

APAC is the largest and fastest-growing UPRs market. The low labor costs in the region are expected to drive the market. APAC is projected to register the highest CAGR during the forecast period. The market is expected to witness significant growth in automotive, construction, aerospace, electrical & electronics, and industrial assembly sectors in countries such as China, India, and South Korea. China is the largest country-level market in this region There has been a shift of the manufacturing base to the APAC region because of low-cost production and the ability to better serve local emerging markets.

North America is the second-largest region in the market. The region focuses on regular advancement of R&D and continuously work on innovation which is helping the region to capture the second-largest share. US is the fastest-growing market in North America. President Joe Biden’s coronavirus relief package is expected to spearhead the US construction industry in the coming years, which is expected to help the UPRs market to grow. In July 2020, the United States-Mexico-Canada Agreement (USMCA) came into force. The Agreement will create reciprocal trade supporting high-paying jobs for Americans, more balanced, and will grow the North American economy.

The key players profiled in the Unsaturated polyester resin market report are Polynt-Reichhold Group (US), INEOS Composites (UK), Royal DSM (The Netherlands), AOC (US), and BASF SE (Germany).

[stratviewresearch]

Maleic Anhydride Market to Witness Robust Expansion by 2028

Stratview Research has published a new report on the Maleic Anhydride Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.

Wish to know more about the study? Click here to get a Free Sample.

The objective of the Maleic Anhydride Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.

In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Maleic Anhydride Market.

Market Insights – The Maleic Anhydride Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.

Few key players operating in the Maleic Anhydride Market are-

Huntsman International LLC

LANXESS AG

Ashland Inc.

Zibo Qixiang Tengda Chemical

Ningbo Jiangning Chemical Co., Ltd.

Polynt—Reichhold Group

Nippon Shokubai Co., Ltd.

Mitsubishi Chemical Corporation

Gulf Advanced Chemical Industries Co., Ltd. (GACIC)

Global Ispat Koksna Industrija d.o.o. Lukavac (GIKIL)

Growth drivers and Market Value:

This report, from Stratview Research, studies the Maleic Anhydride Market value and growth drivers over the trend period of 2022-27. According to the report -

Maleic anhydride market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increasing penetration of composite materials in the automotive, aerospace, and construction industries is the prime factor that has boosted the demand for unsaturated polyester resins, which are used to manufacture composite materials. Rising disposable income along with increasing use of spandex in compression stockings, sportswear and medical textiles has boosted the demand for 1,4-butanediol. The escalating growth in the construction industries in BRIC countries and other developing economies is expected to further drive the growth of the maleic anhydride market. In addition, lenient government regulations, easy availability of land and raw materials, low labor and transportation costs are the major factors encouraging the key players to shift their manufacturing activities to developing economies such as China, India, Indonesia, and Brazil.

Segment Analysis:

Based on Application Type:

Based on the application type, the maleic anhydride market is segmented as unsaturated polyester resins (UPR), 1,4-butanediol (1,4-bdo), lubricating oil additives, copolymers, and others. The growth of the segment is mainly due to an increased demand for UPR from emerging economies, such as China and India, and its low price compared to the other epoxy resins. Increasing penetration of UPR in the marine, aerospace, automotive, construction, and chemical industries is expected to further drive the growth of the segment.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the countries with lucrative growth opportunities. The growth of the market is mainly driven by the expanding automotive and rising construction sectors in the major economies of the region. Increasing adoption of maleic anhydride to manufacture bulk molding compounds and fiberglass reinforced plastics is expected to further drive the demand for maleic anhydride in the region. Increasing disposable income, rapid industrialization, urbanization, and increasing spending in the construction sector in the region are expected to further drive the region’s market.

Know more about the report, click here

Critical Questions Answered in the Report

What are the key trends in the global Maleic Anhydride Market?

How the Maleic Anhydride Market (and its various sub-segments) has grown in the last five years?

What would be the growth driver and growth rate in next five years?

What is the impact of COVID-19 on the Maleic Anhydride Market?

What are the key strategies adopted by the major vendors to lead in the Maleic Anhydride Market?

What is the market share of the key players?

Target Audience

The following is a list of the customers that the Maleic Anhydride Market aims to convert the most:

Manufacturing Organizations

Distributors & Suppliers

Potential Investors

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at sales@stratviewresearch.com or +1-313-307-4176.

What we do –Stratview Research is a growing market research firm. Experts here illustrate innovative, descriptive, and comprehensive insights through market research to satisfy your individual and organizational objectives. We assist the users to make well-informed, profound and favourable decisions to comprehend the advantages of forthcoming trends, developments, assessments, and opportunities through our precise understanding of the market.