#U.S. Dispersing Agents Market Segmentation
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Masterbatch and the Future of Plastics: Trends and Innovations
The global masterbatch market is a crucial segment of the plastics industry, providing essential color and additive solutions to enhance the performance and aesthetics of plastic products. Masterbatch is a concentrated mixture of pigments and additives used in the production of plastic items, ranging from packaging materials to automotive components. With advancements in polymer science and the rising demand for high-performance plastics across various industries, the masterbatch market is experiencing significant growth.
Market Dynamics
Drivers:
Technological Advancements: Innovations in masterbatch technology, including improved dispersion techniques and enhanced performance additives, are driving market growth. These advancements enable better color consistency, durability, and functionality of plastics.
Growing Demand from End-Use Industries: The increasing demand for plastic products in sectors such as automotive, packaging, and consumer goods is boosting the masterbatch market. The need for aesthetic appeal and functional attributes in plastics fuels the demand for high-quality masterbatch solutions.
Challenges:
Volatile Raw Material Prices: The prices of key raw materials used in masterbatch production, such as pigments and polymers, can be highly volatile. This volatility affects production costs and pricing stability for masterbatch producers.
Environmental Concerns: The plastics industry faces growing scrutiny over environmental impacts, leading to increased regulatory pressure. Masterbatch producers are challenged to develop sustainable products and reduce the environmental footprint of their offerings.
Opportunities:
Sustainable and Eco-Friendly Solutions: There is a rising demand for biodegradable and recyclable masterbatch products as industries seek to align with sustainability goals. Opportunities exist for companies to innovate and offer eco-friendly masterbatch solutions.
Expansion in Emerging Markets: The rapid industrialization and urbanization in emerging economies present significant growth opportunities for the masterbatch market. Companies can expand their presence in these regions to capture new market shares.
Regional Analysis
North America: North America holds a significant share of the masterbatch market, driven by advanced industrial infrastructure and high demand from the automotive and packaging industries. The U.S. and Canada are key contributors to the market growth in this region.
Europe: Europe is a prominent market for masterbatch, with strong demand from the automotive, packaging, and consumer goods sectors. The region is also focusing on sustainability, influencing the development of eco-friendly masterbatch solutions.
Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth in the masterbatch market due to rapid industrialization, increasing manufacturing activities, and rising consumer demand. China and India are major contributors to the market expansion in this region.
Latin America: The market in Latin America is growing, driven by increasing industrial activities and the demand for plastic products. Brazil and Mexico are key players in the region.
Middle East & Africa: The masterbatch market in the Middle East & Africa is expanding due to infrastructural development and rising demand for plastic products. However, the market remains relatively small compared to other regions.
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Market Segmentation
By Type:
Color Masterbatch: Used to provide various colors to plastics.
Additive Masterbatch: Includes functional additives such as UV stabilizers, flame retardants, and antistatic agents.
White Masterbatch: Provides whiteness and opacity to plastics.
By Application:
Packaging: Used in food and beverage, consumer goods, and industrial packaging.
Automotive: Applied in interior and exterior components.
Consumer Goods: Includes applications in household products and electronics.
Others: Includes applications in agriculture, construction, and textiles.
Competitive Landscape
Market Share: Large players in the masterbatch market, such as Clariant, BASF, and PolyOne, hold a substantial share of the market due to their extensive product portfolios and global reach. These companies leverage their scale and technological capabilities to maintain a competitive edge.
Price Control: Major players often influence pricing through their established supply chains and production efficiencies. However, competitive pricing pressures from smaller and mid-sized companies can impact price dynamics in the market.
Competition from Smaller Players: Smaller and mid-sized companies often challenge large players by offering specialized or customized masterbatch solutions, focusing on niche applications, and providing competitive pricing. While large companies dominate in terms of market share, smaller firms are increasingly carving out their own segments in the market.
Key Players: Notable companies in the masterbatch market include Clariant, BASF SE, PolyOne Corporation, A. Schulman, and Ampacet Corporation. These companies are known for their innovative products and extensive distribution networks.
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Future Outlook
Does New Product Development Really Help Companies?
Yes, new product development is crucial for companies in the masterbatch market. Innovations in masterbatch formulations, such as the introduction of sustainable and high-performance products, help companies differentiate themselves and meet evolving customer demands. Continuous R&D and product development drive competitive advantage and market growth.
Do Sustainable Products Hold Strong Customers' Minds?
Yes, sustainable products are increasingly important to customers. The growing emphasis on environmental responsibility is driving demand for eco-friendly masterbatch solutions. Companies that focus on sustainability, such as offering biodegradable or recyclable masterbatch, are better positioned to attract environmentally conscious customers and align with global sustainability trends.
Conclusion
The masterbatch market is poised for significant growth, driven by advancements in technology, increasing demand from end-use industries, and a shift towards sustainable solutions. While large players dominate the market, smaller and mid-sized companies continue to innovate and challenge established players. The market's future will be shaped by continued product development and the growing emphasis on environmental sustainability, offering both challenges and opportunities for industry participants.
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Wax Dispersants Market to Grow at a CAGR of 5.5% from 2023-2031, reaching US$ 2.1 Billion
The global wax dispersants market stood at US$ 1.3 billion in 2022 and the global market is projected to reach US$ 2.1 billion by 2031. The global industry is anticipated to expand at a CAGR of 5.5% between 2023 and 2031.
The market value of Wax Dispersants is also increasing due to growing demand from the paints and coatings industry. The paints and coatings industry is one of the major end-users of wax dispersants. The increasing demand for eco-friendly and low-VOC coatings has led to the development of new and advanced wax dispersants.
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Wax dispersants help in improving the durability, gloss, and scratch resistance of the coating. The rising demand for high-performance coatings in various end-use industries such as automotive, construction, and furniture is expected to propel the growth of the wax dispersants market in the near future.
Market Segmentation:
By Service Type: Dispersing Agents, Wetting Agents, Surfactants
By Sourcing Type: In-house Production, Outsourced
By Application: Paints and Coatings, Adhesives and Sealants, Personal Care Products, Textiles, Others
By Industry Vertical: Chemical, Automotive, Construction, Textile, Cosmetics, Others
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Regional Analysis:
North America: Dominated by the U.S. market, driven by technological advancements and high demand from the automotive and construction sectors.
Europe: Witnessing steady growth due to stringent regulations promoting eco-friendly products and increasing investments in research and development.
Asia Pacific: Emerging as a key market owing to rapid industrialization, growing population, and expanding manufacturing activities in countries like China and India.
Market Drivers and Challenges:
Drivers: Increasing demand for high-performance products, growing emphasis on sustainable solutions, advancements in dispersant technologies.
Challenges: Regulatory hurdles, fluctuating raw material prices, competition from alternative products.
Market Trends:
Green Dispersants: Rising focus on eco-friendly dispersants to align with sustainability goals.
Nanotechnology Integration: Utilization of nanotechnology to enhance dispersant efficiency and performance.
Customized Solutions: Growing demand for tailor-made dispersants to meet specific industry requirements.
Future Outlook: The wax dispersants market is poised for substantial growth during the forecast period, driven by expanding applications across diverse industries and continuous innovation in dispersant technologies.
Key Market Study Points:
Market Size and Forecast
Competitive Landscape Analysis
Regional Market Trends
Regulatory Landscape Assessment
Technological Advancements and Innovations
Competitive Landscape: Key players in the global wax dispersants market include BASF SE, Clariant AG, Evonik Industries AG, Croda International Plc, and Dow Chemical Company, among others. These companies are focusing on product development, strategic partnerships, and geographical expansion to strengthen their market presence.
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Recent Developments:
Introduction of eco-friendly dispersants by major players.
Strategic acquisitions and collaborations to enhance product portfolios.
Investments in R&D for innovative dispersant solutions.
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Global Inorganic Color Pigments Market Product, Services And Solutions Analysis 2022
Inorganic Color Pigments Market are created using a high temperature calcination process from mixed metal oxides. Strong acids, bases, and oxidising agents have no effect on these colours. Additionally, inorganic colours do not migrate, bleed, or warp. The majority of inorganic pigments are heat resistant, have resistance to other chemicals, and are simple to disperse; they can withstand a range of temperatures and adverse weather conditions. Inorganic pigments come in a wide range and are primarily categorised by the source from which they are derived.
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Among the inorganic pigments are chrome pigments, which are made of lead, cadmium pigments, which are made of cadmium compounds, and iron pigments, which are made of various iron oxides. Inorganic pigments are solid substances that are transparent because of their incredibly minute size and structure.
Coil coatings, powder coatings, industrial coatings, and architectural coatings are just a few of the industries that use inorganic colour pigments. They are also used to colour polymers, construction materials, and other things. It is used as a colourant for engineering plastics even in the automotive sectors.
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Owing to the quality of industrial products, which have been improving over the past few years, the demands on their appearance and durability are increasing as well. Due to their fastness properties and their tolerance to adverse conditions, they are the most preferred pigments used in constructions. Inorganic pigments are the most stable class of pigments that have been manufactured as of today.
The key drivers for the inorganic pigment market include rapid growth in urbanization, the paints and the coatings market, the construction agency, the building material and plastic industry. The demand for inorganic pigments is expected to be the highest in developing countries.
The key companies profiled for pigments include
Ferro Corporation GmbH
Shepard Color Company
Bayer AG
Rockwood
Atlanta AG
Apollo Colors, Honeywell International
and Todo Kogyo among others
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The key segments considered for this market include North America, Europe, Asia Pacific and Rest of the World (RoW). The market for chlorofluorocarbons is mature in North America and Europe and is not expected to rise by much in the next few years.
This is due to the stringent and restricted policies passed by the respective governments due to the harmful effects they cause to the environment especially the upper layer of the ozone and due to the green house effects that it causes. In these countries, the demand for green refrigerants is expected to rise in the next few years.
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U.S. Dispersing Agents Market Demand, Competitive Analysis, Growth Factors, And Key Players 2019-2025
The U.S. dispersing agents market size demand is anticipated to reach 60,842.2 tons by 2025. It is anticipated to expand at a CAGR of 7.1% over the forecast period. Dispersants are used to prevent particle agglomeration during the dispersion of coating agents and additives used in coating processes. Various barrier coatings and colorants are used in the production of food packaging systems. Rapid growth in the food packaging industry is expected to drive the demand for dispersion agents over the forecast period.
The food industry in U.S. is witnessing intense competition with the end users such as Mondelez International, Mars Inc., and PepsiCo Inc. trying to compete with their industry rivals by introducing new products in line with the purchasing preferences of consumers. Consumer preference for aesthetically packaged food products is one of the important factors driving the demand for paper and paperboard materials. This factor is anticipated to lead to the high demand for colored paper and paperboard material used for packaging.
Several coatings and performance additives such as barrier coating, dispersants, defoamers, modifiers, colorants, and preservatives are added not only to extend the shelf life but also to provide visual appeal to the packaged product. Such additives are needed to disperse and stabilize uniformly in the coating formulations which ensures desired properties and functionality such as viscosity stability, quality, color strength, and gloss. As a result, dispersion agents represent an essential component of the coating formulation.
Due to growing importance of coatings for application in paper and paperboard, manufacturers are developing dispersing agents, such as sodium polyacrylate and vinyl acetate to meet the safety requirements of packaged food manufacturers. As a result, rise in demand for dispersants or dispersion agents is expected to provide ample growth opportunities to the manufacturers over the forecast period.
In the papermaking process, inappropriate dispersion of pigments and additives in the slurries causes agglomeration and deposition of paper fibers and pigment particles on the press rolls used in the manufacturing of paper. To troubleshoot such problems, dimethylpolysiloxane is added in certain quantities depending on the weight of the paper fiber. Dimethylpolysiloxane polymer improves the optical properties, printability, and tinting strength of paper and paperboard. This factor is anticipated to bode well for the demand for siloxanes.
Amino Methyl Propanol (AMP) is used as an additive in metalworking fluid formulations and anticorrosion agent in boiler water systems. It also finds use in personal care, and cosmetics industries on account of its low molecular weight, which enhances the preparation of different formulations. As per the American Paperboard Packaging Council, over 60% of the paperboard produced in the U.S. is consumed for food packaging. Increasing consumption of take away food and prepared meals has resulted in high demand for food contact paper and paper board for packaging.
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U.S. Dispersing Agents Market Report Highlights
• In terms of application, polyacrylate dispersants is anticipated to continue holding the largest market share in near future. It is expected to witness a CAGR of over 7.0% over the forecast period
• Paper and paperboard is anticipated to witness a rise in demand in the forthcoming years, owing to rising preference for the paperboard and cartons food packaging application
• Increasing consumption of take away food and prepared meals has resulted in high demand for food contact paper and paper board for packaging. This is expected to provide lucrative growth opportunities for dispersion agents manufacturers over the forecast period
• Key players operating in the U.S. dispersion agents market include BASF Corporation, Arkema Group, and The DOW Chemical Company.
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Get deep insights of Ceramic Additives Market
Ceramic additives market size is valued at USD 1,144.71 million by 2028 and is expected to grow at a compound annual growth rate of 9.20% for the forecast period of 2021 to 2028. Data Bridge Market Research report on ceramic additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Market Scope and Market Size of Global Ceramic Additives
Ceramic additives market is segmented on the basis of additive type, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Based on additive type, the ceramic additives market is segmented into dispersant, binder, lubricant, enhancer, grinding aid, water reducing agent and others. Others have further been segmented into defoamer, sintering aid, toughener, modifier and others.
On the basis of application, the ceramic additives market is segmented into architecture, automotive and industrial.
The end use segment for ceramic additives market is segmented into tiles, sanitary ware, tableware and technical ceramics.
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Market Analysis and Insights: Global Ceramic Additives Market
Adding a certain amount of additives to the procedure has become an essential step to progress ceramic properties. With the ceramic industry's growth, ceramic additives are also continually improving, largely in three aspects: more compound and capable, functional area, its application range covers a broader scope of ceramic production and capability with enhancing technology.
The ceramic additives market is anticipated to be driven considerably due to the significant growth of the construction sector, particularly in the housing and commercial sectors. Also the numerous manufacturers are focusing on developing production technology and adopting new and energy-saving process and upgrading of properties of ceramics products which is also acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factor accountable for the growth of the market is the increasing usage of ceramic additives to increase productivity, improve product quality, and reduce energy consumption and costs. Besides this, the growing demand for multifunctional additives worldwide is also flourishing the ceramic additives market's growth. However, the various regulations that limit the use of certain chemicals may act as key restraints towards ceramic additives market growth rate in the forecast period of 2021 to 2028. In contrast, stringent environmental regulations have the potential to challenge the growth of the target market.
Country Level Analysis of Ceramic Additives Market
The countries covered in the ceramic additives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Leading Brands in Ceramic Additives Market
The major players covered in the ceramic additives market report are 3DCeram, AGC Inc., BioCote Limited, BASF SE, CARBO Ceramics Inc., ENVISIONTEC INC, EOS, Exone, Lamberti S.p.A, MakerBot Industries, LLC, Materialise, Novabeans Prototyping Labs LLP, Optomec, Inc, SANYO CHEMICAL INDUSTRIES, LTD, Johnson Matthey, Wöllner GmbH, Bentonite Performance Minerals, LLC, Ferro Corporation, Stratasys Ltd, and Xjet among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: ceramic additives market
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Fullerene Market Research Report Including SWOT Analysis, PESTELE Analysis, Drivers, Restraints, Global Industry Outlook and Key Players Analysis By 2028
The report studies the factors influencing the growth of the industry in the global Fullerene market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the Fullerene market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
The global fullerene market size reached USD 487.9 Million in 2020 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Rising use of functionalized fullerenes for cancer imaging and treatment and use in electronic batteries are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing application of fullerenes in drug delivery and gene delivery will continue to boost revenue growth of the market going ahead. Many researchers prefer fullerenes because of several beneficial properties such as being very small and readily dispersed, having very excellent biocompatibility, and not losing the initial reactivity.
Fullerenes are nanomolecular carbon cages that can be used to deliver drugs and imaging agents. Fullerenes can work as drug delivery nanoparticles in a variety of ways. Whenever fullerenes are surface-functionalized, it can also have direct bioactivity, including antioxidant activity. Fullerenes are being utilized to carry drugs into the body, as lubricants, and as catalysts. These can function as hollow cages to catch other molecules.
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Key point summary of the report:
The report offers a comprehensive overview of the Fullerenes market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional analysis and forecast of Fullerenes market for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The complete regional analysis covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Fullerene market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Major companies in the market report include Mitsubishi Chemical Holdings Corporation, Nano-C, Inc., Merck KGaA, Nanocyl SA, Otto Chemie Pvt. Ltd., Tokyo Chemical Industry UK Ltd., MTR Ltd., Nanostructured & Amorphous Materials, Inc., Sisco Research Laboratories Pvt. Ltd., and SES Research Inc.
Emergen Research has segmented global fullerene on the basis of type, production method, shape, end-use, and region:
Type Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
C60
C70
C76
Others
Production Method Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
Arc Discharge Method
CVD/CCVD Process
Laser Ablation of Graphite
Others
Shape Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
Nanotubes
Bucky Balls
Nano-rods
End-use Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
Aerospace & Defense
Electrical & Electronics
Healthcare
Energy
Others
Key Points of Fullerene Market:
C70 segment is expected to register steady revenue CAGR during the forecast period as C70 fullerenes is widely used in natural photovoltaics and cancer preventive agents.
Electrical & electronics segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising usage of fullerenes in electronics including diodes, transistors, photocells, and others.
North America is expected to register substantial revenue growth rate in the global fullerene market over the forecast period due to robust presence of leading market players including Nanostructured & Amorphous Materials, Inc., Nano-C, Inc., and SES Research Inc. are among others, in countries in the region.
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Dispersant Dispersing Agent Market Growth to Surge Owing to Increasing Adoption by End-use Applications
A dispersant or dispersing agent (also known as plasticizer or supper plasticizer) is mostly surface active material or sometimes it can be a non-surface active polymer added to a suspension typically a colloid for enhance separation of particles and to prevent the process of thickening or clumping in the suspension. Dispersing agents include mixture of various chemicals such acrylic acid, polycarboxylate, lignosulfonates, and napthalene sulfonate.
On the basis of the end user industry, the market is segmented in the eight broad categories namely, construction industry, paints & coatings industry, pulp & paper industry, detergent industry, oil & gas industry, agricultural industry, pharmaceuticals industry, and other end-user industries
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Increasing demand of dispersant / dispersing agent from growing oil & gas industry, trend towards environmental sustainability and growing end user industries such as construction, paints & coatings industry, automobile industry and paper and pulp industry is driving the global dispersant / dispersing agent market.
The continuous variation in the raw materials costs and lack of Innovation in the dispersing agent market are some of the major challenges of the global dispersant / dispersing agent market.
Asia Pacific is the largest market of dispersant / dispersing agent market followed by Europe and North America. Asia Pacific is the fasted growing market attributed to growing allied industries such as construction and automotive industry. Surging urbanisation and embryonic transportation infrastructure in developing countries of Asia Pacific is keeping construction as major end user industry for dispersant / dispersing agent in this region.
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Moreover the rising demand of dispersant agents from automobile industry is expected to keep the growth rate high during the forecasted period.
The various application dispersing agents is increasing as a result several players has expanded many new and innovative products to confine an increase market share. Some of the major players of the market have also expanded their geographical presence, capacity expansion, and gone through many merger and acquisitions.
Some of the leading companies operating in global dispersant / dispersing agent market include,
Cytec Industries Inc.
Emerald Performance Materials Llc
Gruppo Chimico Dalton
The Lubrizol Corporation
Rudolf Gmbh
The Dow Chemical Company
Arkema Group
Basf SE
Clariant AG
Evonik Industries
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Food Thickening Agents Market Size Forecast to Reach $18.9 Billion by 2026
Food Thickening Agents Market size is forecast to reach $18.9 billion by 2026, growing at a CAGR of 5.8% during the forecast period 2021-2026. Food thickening agents comes with a potential to magnify the viscosity quotient of a liquid without affecting the characteristics of the liquid. Additionally, when used they increase a product’s stability majorly by improving the suspension of other ingredients. All purpose flour is the most popular food thickener, followed by cornstarch and arrowroot or tapioca. Hydrocolloids are also used extensively as thickeners as well as food additives. Over the past, the adoption of food thickeners have increased which can be attributed to the rising number of application areas across food and beverage industry. In the wake of covid-19 pandemic, consumers have become increasingly aware regarding health and wellness, which gave a major boost to the market numbers over the recent past. The major drivers of the market include rigorous innovation across product line-ups, fortifying government food regulations and consumer preferences shifting towards high quality products. Over time, government regulations have become favorable towards the progress of food and beverage market which is expected to augment the demand and enhance the overall market development of the Food Thickening Agents Market for the period 2021-2026.
Food Thickening Agents Market Segment Analysis – By Type
Hydrocolloid accounted for majority of share revenue in 2020, making it the most prominent shareholder of the segment. There are different types of hydrocolloids which are used as food thickeners namely guar gum, pectin, locust bean gum, carrageenan gum, alginate, xanthan gum, and beta-glucan. Hydrocolloids have the ability to maintain stability even under low pH, thereby becoming fibre rich over a certain span of time. This particular property increases its arena of applications across the food and beverage industry.
Hydrocolloids are also used extensively as thickeners as well as food additives. For example, they sugar is often substituted with hydrocolloids in whipped creams. Additionally, they are used as bulking agent in yogurt and ice cream, as well as for starch dispersion in rice.
Starch, on the other hand is expected to witness a CAGR of 6.1% throughout 2021 to 2026. The growth of this segment is mainly fuelled by factors like low cost, high stability and viscosity. To top it all, the increasing awareness regarding gluten-free products is also augmenting the growth of the market.
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Food Thickening Agents Market Segment Analysis – By Application
Bakery and Confectionery was the fastest growing sub-category in 2020 and is likely to dominate throughout the forecast period, growing at a CAGR of 6.5%. The key factors driving the growth of this segment includes growing demand for organic and baked goods, and the inclination of consumers towards healthy snacking habits.
Over time, the food and beverage market witnessed a growing predisposition of consumers towards traditional flavours thereby giving birth to more exotic products. This in turn demands utilization of food thickening agents, leading to a growth of the market.
The rich texture and creamy characteristic of food thickening agents is the primarily reason of it being utilized extensively in the making of dips and sauces. With the advent of processed food and to cater to its growing need, sauces and similar dressings observed a rising demand, which is likely to promote the growth of the food thickening agents market.
Food Thickening Agents Market Segment Analysis – By Geography
North America dominated the Food Thickening Agents Market with a major share of 37.1% in 2020. This can be attributed to the well-developed food and beverage industry across the U.S. and Canada. Over the years, North America has seen a rising demand for products like muffins cupcakes and pastries. Therefore, players across the bakery and confectionery industry are trying to innovate products customized to the needs, which involves the frequent usage of food thickeners. This led to the market skyrocketing in this region.
However, Europe is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the growing consumer demand for tasty yet healthy food items, specifically revolving around dessert and afters. Additionally, packaged energy drinks are also gaining traction throughout the European region which is likely to increase the demand for food thickeners, thereby bolstering the growth of the market.
Food Thickening Agents Market Drivers
Increasing Prevalence of Ready-to-eat Snacks
Throughout the major economies, the food and beverage industry witnessed a rising demand for ready-to-eat snacks which are primarily protein-rich products and comprises of high nutritional value. This calls for the increased usage of food thickeners throughout the preparation because they act as thickening, stabilizing, and gelling agent for hydrocolloids, starch and proteins. Thus, increasing the growth of the Food Thickening Agents Market during the forecast period 2021-2026.
Rising disposable income
There has been a considerable increase in the disposable income of multiple economies because of the growing rates of urbanization. This has altered the food consumption pattern significantly, leading to an increase in the demand of thickeners by the key players in the market. Thus, increasing the growth of the Food Thickening Agents Market during the forecast period 2021-2026.
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Food Thickening Agents Market Challenges
Threat imposed by small sized local players
Over the recent past, there has been a significant rise in the demand of gelling agents, emulsifiers and texturants, which makes the industry highly competitive when coupled with the magnitude of the food and beverage industry. Hence, the potential market players often face robust competition from local players which are comparatively smaller in terms of size and revenue. This is primarily because they offer cheap products which are specifically tailored to the needs of the market at specific geographic regions. This is likely to hinder the growth of the market during the forecast period 2021-2026.
Food Thickening Agents Market Landscape
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Food Thickening Agents Market. In 2020, the Food Thickening Agents Market share is consolidated by the top ten players present in the market. The Food Thickening Agents Market, top 10 companies are Cargill Inc., Archer Daniels Midland Company, Ingredion Inc., Ashland Global Holdings Inc., Dupont, Tate & Lyle PLC, CP Kelco U.S. Inc., Kerry Inc., TIC Gums Inc., and Naturex S.A. among others.
Key Takeaways
In order to promote healthy lifestyle, governments of all the major economies including their agencies have implemented schemes and policies which involves the use of healthy products to curb obesity, levels of cholesterol as well as diabetes. This move has augmented the growth of the market at a whole different level.
Over time, there has been significant growth in the demand on non-alcoholic beverages which also encompasses energy drinks and fruit juices. To counter this need, the major market competitors worked keeping customization capabilities and formulation blends in mind, in which food thickeners played a pivotal role. This led the growth in the revenue of the market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Food Thickening Agents Market report.
Owing to the low concentration of cholesterol and mainly because of lower costs, blood proteins are often used as a substitute for thickening agents, which pose a threat to the market. However, they often tamper with the fluid properties by altering the texture, viscosity and taste, thereby hampering the final solution.
Related Reports:
A. Yeast Market
industryarc.com/Report/7476/yeast-market-analysis.html
B. Prebiotic Ingredients Market
https://www.industryarc.com/Report/7481/prebiotics-ingredients-market.html
For more Food and Beverage related reports, please click here
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Food Thickening Agents Market Size Forecast to Reach $18.9 Billion by 2026
Food Thickening Agents Market size is forecast to reach $18.9 billion by 2026, growing at a CAGR of 5.8% during the forecast period 2021-2026. Food thickening agents comes with a potential to magnify the viscosity quotient of a liquid without affecting the characteristics of the liquid. Additionally, when used they increase a product’s stability majorly by improving the suspension of other ingredients. All purpose flour is the most popular food thickener, followed by cornstarch and arrowroot or tapioca. Hydrocolloids are also used extensively as thickeners as well as food additives. Over the past, the adoption of food thickeners have increased which can be attributed to the rising number of application areas across food and beverage industry. In the wake of covid-19 pandemic, consumers have become increasingly aware regarding health and wellness, which gave a major boost to the market numbers over the recent past. The major drivers of the market include rigorous innovation across product line-ups, fortifying government food regulations and consumer preferences shifting towards high quality products. Over time, government regulations have become favorable towards the progress of food and beverage market which is expected to augment the demand and enhance the overall market development of the Food Thickening Agents Market for the period 2021-2026.
Food Thickening Agents Market Segment Analysis – By Type
Hydrocolloid accounted for majority of share revenue in 2020, making it the most prominent shareholder of the segment. There are different types of hydrocolloids which are used as food thickeners namely guar gum, pectin, locust bean gum, carrageenan gum, alginate, xanthan gum, and beta-glucan. Hydrocolloids have the ability to maintain stability even under low pH, thereby becoming fibre rich over a certain span of time. This particular property increases its arena of applications across the food and beverage industry.
Hydrocolloids are also used extensively as thickeners as well as food additives. For example, they sugar is often substituted with hydrocolloids in whipped creams. Additionally, they are used as bulking agent in yogurt and ice cream, as well as for starch dispersion in rice.
Starch, on the other hand is expected to witness a CAGR of 6.1% throughout 2021 to 2026. The growth of this segment is mainly fuelled by factors like low cost, high stability and viscosity. To top it all, the increasing awareness regarding gluten-free products is also augmenting the growth of the market.
Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=508064
Report Price: $5900 (Single User License)
Food Thickening Agents Market Segment Analysis – By Application
Bakery and Confectionery was the fastest growing sub-category in 2020 and is likely to dominate throughout the forecast period, growing at a CAGR of 6.5%. The key factors driving the growth of this segment includes growing demand for organic and baked goods, and the inclination of consumers towards healthy snacking habits.
Over time, the food and beverage market witnessed a growing predisposition of consumers towards traditional flavours thereby giving birth to more exotic products. This in turn demands utilization of food thickening agents, leading to a growth of the market.
The rich texture and creamy characteristic of food thickening agents is the primarily reason of it being utilized extensively in the making of dips and sauces. With the advent of processed food and to cater to its growing need, sauces and similar dressings observed a rising demand, which is likely to promote the growth of the food thickening agents market.
Food Thickening Agents Market Segment Analysis – By Geography
North America dominated the Food Thickening Agents Market with a major share of 37.1% in 2020. This can be attributed to the well-developed food and beverage industry across the U.S. and Canada. Over the years, North America has seen a rising demand for products like muffins cupcakes and pastries. Therefore, players across the bakery and confectionery industry are trying to innovate products customized to the needs, which involves the frequent usage of food thickeners. This led to the market skyrocketing in this region.
However, Europe is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the growing consumer demand for tasty yet healthy food items, specifically revolving around dessert and afters. Additionally, packaged energy drinks are also gaining traction throughout the European region which is likely to increase the demand for food thickeners, thereby bolstering the growth of the market.
Food Thickening Agents Market Drivers
Increasing Prevalence of Ready-to-eat Snacks
Throughout the major economies, the food and beverage industry witnessed a rising demand for ready-to-eat snacks which are primarily protein-rich products and comprises of high nutritional value. This calls for the increased usage of food thickeners throughout the preparation because they act as thickening, stabilizing, and gelling agent for hydrocolloids, starch and proteins. Thus, increasing the growth of the Food Thickening Agents Market during the forecast period 2021-2026.
Rising disposable income
There has been a considerable increase in the disposable income of multiple economies because of the growing rates of urbanization. This has altered the food consumption pattern significantly, leading to an increase in the demand of thickeners by the key players in the market. Thus, increasing the growth of the Food Thickening Agents Market during the forecast period 2021-2026.
Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=508064
Food Thickening Agents Market Challenges
Threat imposed by small sized local players
Over the recent past, there has been a significant rise in the demand of gelling agents, emulsifiers and texturants, which makes the industry highly competitive when coupled with the magnitude of the food and beverage industry. Hence, the potential market players often face robust competition from local players which are comparatively smaller in terms of size and revenue. This is primarily because they offer cheap products which are specifically tailored to the needs of the market at specific geographic regions. This is likely to hinder the growth of the market during the forecast period 2021-2026.
Food Thickening Agents Market Landscape
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Food Thickening Agents Market. In 2020, the Food Thickening Agents Market share is consolidated by the top ten players present in the market. The Food Thickening Agents Market, top 10 companies are Cargill Inc., Archer Daniels Midland Company, Ingredion Inc., Ashland Global Holdings Inc., Dupont, Tate & Lyle PLC, CP Kelco U.S. Inc., Kerry Inc., TIC Gums Inc., and Naturex S.A. among others.
Key Takeaways
In order to promote healthy lifestyle, governments of all the major economies including their agencies have implemented schemes and policies which involves the use of healthy products to curb obesity, levels of cholesterol as well as diabetes. This move has augmented the growth of the market at a whole different level.
Over time, there has been significant growth in the demand on non-alcoholic beverages which also encompasses energy drinks and fruit juices. To counter this need, the major market competitors worked keeping customization capabilities and formulation blends in mind, in which food thickeners played a pivotal role. This led the growth in the revenue of the market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Food Thickening Agents Market report.
Owing to the low concentration of cholesterol and mainly because of lower costs, blood proteins are often used as a substitute for thickening agents, which pose a threat to the market. However, they often tamper with the fluid properties by altering the texture, viscosity and taste, thereby hampering the final solution.
Related Reports:
A. Yeast Market
industryarc.com/Report/7476/yeast-market-analysis.html
B. Prebiotic Ingredients Market
https://www.industryarc.com/Report/7481/prebiotics-ingredients-market.html
For more Food and Beverage related reports, please click here
#Food Thickening Agents Market#Food Thickening Agents Market share#Food Thickening Agents Market size
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Rosin Alcohol & Derivatives Market Competitive Analysis With Growth Forecast till 2027
Rosin Alcohol & Derivatives Market: Introduction
Rosin is a hard, resinous material that is left when the volatile contents of turpentine are boiled. The turpentine from which rosin is obtained is distilled from oleoresin or crude turpentine, which, in turn, is obtained from the sap of coniferous trees, particularly the longleaf pine (‘Pinus palustris’) native to the Southeastern U.S. Rosin is also called colophony. A widely used rosin called tall oil rosin is obtained from tall oil, a resinous byproduct of the sulfate process of paper pulp production.
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Rosin alcohol and derivatives consist of several kinds of modified rosins, ester gums, rosin-based phenolic resins, and other rosin resins. Rosin alcohol and derivatives possess properties such as high viscosity, low solvent retention, low acidity, oxidation trend, and crystallization trend.
Rosin derivatives are used for pharmaceutical purposes such as film coatings, matrix formation, drug delivery systems, and microencapsulation. They are employed in many industrial fields such as ink industry, coating industry, and epoxy curing agents. They are also used as adhesives. Furthermore, rosin derivatives can be utilized as reactive monomer or co-monomers in various polymerization systems.
Rosin and its derivatives are often used as polymer additives. They play an important role as plasticizers and have specific importance in the paper industry. In the petroleum field, rosin derivatives are used as emulsifiers due to their amphiphilic nature. They are also used as corrosion inhibitors. Furthermore, rosin derivatives can be employed as oil spill dispersants.
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Different End-use Industries of Rosin Alcohol & Derivatives Market
Based on end-use industry, the rosin alcohol & derivatives market can be segmented into adhesives & sealants, food & beverages, coatings, electronics, inks, and others
Adhesives & sealants is the dominant segment of the rosin alcohol & derivatives market. Rosin derivatives are used in hot melt adhesives (HMA) and pressure sensitive adhesives (PSA).
Rosin-based derivatives act as natural materials as binders for inks to improve performance of fluidity, viscosity, drying, and printing adaptation.
Rosin-based derivatives are used as tackifiers and softeners in chewing gums. They are also used in packaging applications with direct food contact. Led by the tackifying properties, rosin alcohol and derivatives are key ingredients for various hair removing products (including depilatory waxes). Rosin alcohol and derivatives are also employed in paints for road-marking across the globe. Gum rosin resin’s tackifying properties ensure that the paint stays on the asphalt.
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Adhesives & Sealants End-use Industry Segment to Drive Rosin Alcohol & Derivatives Market
The term ‘adhesive’ refers to a binding substance applied on the surface of materials in order to avoid separation. Adhesives and sealants are used in various applications such as automotive, construction, green energy, and industrial materials.
Adhesives and sealants are replacing welding and mechanical fasteners in automotive parts. They help bond different materials and keep the vehicle weight minimal.
Rosin alcohol and derivatives are used for hot melt adhesives, which are further utilized in book binding, flooring, labels, wood, and packaging applications
Rosin alcohol and derivatives are also employed in pressure sensitive adhesives, which are further used in tapes, labels, and packaging
Thus, rise in demand for adhesives and sealants in different applications is anticipated to boost the rosin alcohol & derivatives market
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Asia Pacific Expected to Hold Major Share of Global Rosin Alcohol & Derivatives Market
In terms of region, the global rosin alcohol & derivatives market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific is a leading consumer of rosin alcohol and derivatives across the world, followed by Europe and North America. Asia Pacific is also expected to lead the global rosin alcohol & derivatives market in the near future, due to rise in the demand for rosin alcohol and derivatives in the adhesives & sealants sector in the region. Rise in construction activities in countries such as China, India, Singapore, Thailand, and Malaysia is fueling the demand for rosin alcohol and derivatives in these countries.
The rosin alcohol & derivatives market in Europe is led by Germany, France, and the U.K. The market in Europe is primarily driven by the increase in demand for rosin alcohol and derivatives in architectural and automotive coatings in the region.
Key Players in Global Market
The global rosin alcohol & derivatives market is fragmented, with market players focusing on incorporating advanced technologies to gain higher market share. These players offer a complete portfolio of products and focus on different business strategies to strengthen their position.
Key players operating in the global rosin alcohol & derivatives market include:
Foreverest Resources Ltd.
United Resins
Eastman Chemical Company
PINOPINE
Arakawa Chemical Industries, Ltd.
VWR International, LLC
D.S.V Chemcials Pvt. Ltd.
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Global Lubricating Oil Additives Market Study, 2014-2030
Prismane Consulting is pleased to publish its Lubricating Oil Additives Market Market Study Report which includes historic and current market situation of Lubricating Oil Additives Market across several end-use industries.
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This market study describes the global Lubricating Oil Additives Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Automotive, Industrial, and others.Lubricating Oil Additives Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.
Lubricating Oil Additives Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Lubricating Oil Additives Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.
The primary driver for the growth in demand of Lubricating Oil Additives Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.
Topics Covered
The report covers the following topics:
Lubricating Oil Additives Market Market data in term of volume and value for each end-use at regional and country level
Lubricating Oil Additives Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level
Trade balance and target markets for current situation, new expansions, or new projects
Business opportunity assessment
Macro-economic factors like GDP, population, and world economic integration
Strategic issues and recommendations
Strategic recommendations for vendors, and industry stakeholders
Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030
Lubricating Oil Additives Market Market: Applications Covered
Global Lubricating Oil Additives Demand Analysis By Type,
By Applications, (Volume, Value) (2014–2030)
Strategic Issues
Demand Analysis and Forecast (2014 – 2030)
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Lubricating Oil Additives Market, By Type
Dispersants
Detergents
Oxidation Inhibitors
Anti-wear Agents
Extreme-Pressure Additives
Viscosity Index Improvers
Others
Global Lubricating Oil Additives Market, By Application
Automotive
Industrial
Others
Lubricating Oil Additives MarketMarket: Regions covered
- Asia Pacific
- Eastern Europe
- Central & South America
- Middle East & Africa
- North America
- Western Europe
Key Questions Answered
The Global Lubricating Oil Additives Market Market study answers the following key questions:
How big is the Lubricating Oil Additives Marketmarket?
How is the Lubricating Oil Additives Market market evolving by demand-supply, segment, and region?
What will the Lubricating Oil Additives Market market size be in 2030 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key manufacturers and what are their shares in different region?
What opportunities and target markets exist for Lubricating Oil Additives Market
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Bio-Based Itaconic Acid Market Share, Regional Outlook, Scope, & Insight by 2027
Bio-based itaconic acid market is expected to grow at a rate of 5.50% for the forecast period of 2020 to 2027. Data Bridge Market Research report on bio-based itaconic acid market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Global Bio-Based Itaconic Acid Market Scope and Market Size
Bio-based itaconic acid market is segmented on the basis of derivative and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of derivative, the bio-based itaconic acid market is segmented into styrene butadiene itaconic acid, methyl methacrylate, polyitaconic acid and other.
Bio-based itaconic acid is segmented on the basis of application into SBR latex, synthetic latex, chelant dispersant agent, superabsorbent polymer, unsaturated polyester resins, methyl methacrylate, detergent builder and others.
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Market Analysis and Insights: Global Bio-Based Itaconic Acid Market
Bio-based itaconic acid market is expected to grow at a rate of 5.50% for the forecast period of 2020 to 2027. Data Bridge Market Research report on bio-based itaconic acid market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The changing trend towards eco-friendly products due to growing awareness regarding greenhouse emissions will help impact the bio-based itaconic acid market growth in the forecast period of 2020 to 2027. The rising incidence for bio-based unsaturated polyester resin, growing awareness concerning the benefits of itaconic acid and rising application scope in manufacturing adhesives and sealants are some of the factors that will fuel the growth of the market. Moreover, technological advancements in bio-based pmma and increasing R& D investment will cater ample opportunities that will lead to the growth of the market in the above mentioned forecast period.
Availability of low cost substitutes is expected to be as the restraining factor to the growth of bio-based itaconic acid market in the forecast period of 2020 to 2027.
This bio-based itaconic acid market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research bio-based itaconic acid market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Bio-Based Itaconic Acid Market Country Level Analysis
Bio-based itaconic acid market is analyzed and market size, volume information is provided by country derivative and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Bio-Based Itaconic Acid Market Share Analysis
Bio-based itaconic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bio-based itaconic acid market.
Major players covered in the bio-based itaconic acid market
The major players covered in the bio-based itaconic acid market report are Thermo Fisher Scientific., Itaconix Corporation, Qingdao Kehai Biochemistry Co., LTD., AEKYUNG PETROCHEMICAL Co., Ltd, Zhejiang Guoguang Biochemistry Co.,Ltd., Spectrum Ultimate Chem India Pvt. Ltd, Alpha Chemika, Haihang Industry Co., Ltd, Ronas Chemicals Ind. Co., Ltd., Hefei TNJ Chemical Industry Co.,Ltd., Alfa Aesar, Merck KGaA, Choice Organochem Llp., FUSO CHEMICAL CO., LTD., Henan Haofei Chemical Co.,Ltd., Chemical Manufacturing Corp and FUJIFILM Wako Pure Chemical Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: bio-based itaconic acid market
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Global Balsa Wood Market Research Insights 2021-2030
Balsa Wood Market Scope -
According to Market Research Future (MRFR), The CAGR for the Balsa Wood industry is projected to be 5.50% until 2030. The balsa wood market value is projected to be USD 217.23 million by 2030. This is up from USD 146.53 million in 2016. Balsa (Ochroma Pyramidale) is one of the fastest-growing wood species with a height of about 20m and a diameter of up to 75 cm in just 5–8 years. Most of the balsa wood used widely is harvested from plantations, particularly from Ecuador and Papua New Guinea.
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Eminent Firms:
3A Composites (Switzerland), Gurit (Spain), DIAB International AB (Sweden), The PNG Balsa Company Ltd (Papua New Guinea), The Gill Corporation (U.S.), CoreLite Inc (U.S.), SINOKIKO BALSA TRADING CO., LTD (China), and others.
Balsa Wood Market Analysis
Based on the appearance of grain in wood, it is classified as ‘Grain A,’ ‘Grain B’, and ‘Grain C’ types. ‘Grain B’ type of balsa wood is commonly used in the world and had the highest market share of 41.0% in 2016. This segment of Grain B is expected to dominate during the forecast period as it is used as all-purpose balsa items. Balsa wood has gained commercial significance due to its exceptional lightweight and insulating properties. Balsa wood is amid the most preferred core materials in the structural sandwich panel and in applications such as aircraft, boats, and wind turbine blades. As this wood has a low density, it is the lightest commercial timber that is available in the market. This wood has a spongy texture that makes it soft and light. It is used to make makeshift pens for calligraphy and in laminates with glass-reinforced plastic fiberglass to make ship decks, high-quality balsa surfboards, and building boats like pleasure crafts.
Various factors are adding to the global balsa wood market growth. These factors, as per the new MRFR report, include low wood density making it the lightest commercial timber, burgeoning demand for weight saving composite for increasing land transport efficiency, booming marine sector, growing defense activities, and expanding wind turbine industries. Additional factors adding market growth include its excellent properties for which it has wide applications in various industries such as wide operating temperature range, excellent fatigue resistance, good thermal and sound insulation, high impact strength, versatility, and strength.
Market Boosters and Challenges -
On the other hand, fluctuations in the interrelated market such as cotton, wool, nylon, and silk can have a plummeting impact on the growth of the Balsa Wood Market. The long-standing problem of poor dye fixation is expected to remain a bottleneck to the growth of the Balsa Wood Market. Pollution is caused during the dyeing process which can be harmful effects on human beings such as respiratory problems, skin sensitization and, in extreme cases, carcinogenicity. Moreover, reactive dyes are difficult to eliminate in biological wastewater treatment plants due to the presence of halogens and chromophores. Stringent regulations set by regulatory bodies also present a host of challenges to the market growth. However, the development of new generation, bio-based dyes, produced with safer intermediates which reduce human toxicity and introduction of environmentally friendly dyeing procedures are likely to present growth opportunities to the global Balsa Wood Market.
Balsa Wood Market are increasingly being used as dispersing agents in line with the surging uptake of paints as well as industrial coatings. Tridecyl alcohol ethoxylate will witness robust sales in the coming years, given its escalating application scope in the building & construction sector. Moreover, the impressive stabilizing property renders these products ideal for use as wetting agents, which can mean substantial market growth in subsequent years.
Industry News -
Lightwood composite manufacturers prefer using balsa wood as their core for manufacturing wooden toys and furniture. For instance, Green Dot Bioplastics is using balsa wood with other materials to produce composites for architectural purposes. Another instance includes 3A Composites AG which has acquired Forest Stewardship Council (FSC) certification for its products — AIREX, BANOVA, and BALTEX. These composites can be used in producing semi-finished goods.
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Segment Study of Balsa Wood Market-
The MRFR report provides an inclusive segmental analysis of the global balsa wood market based on application and type.
By type, the global balsa wood market is segmented into grain C, grain B, and grain A. Of these, the grain B segment will lead the market over the forecast period for its increasing use in all-purpose balsa items.
By application, the global balsa wood market is segmented into construction, industrial, road and rail, marine, renewable energy, aerospace and defense, and others. Of these, the aerospace and defense segment will dominate the market over the forecast period.
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Balsa Wood Market Market — Regional Analysis
The Balsa Wood Market industry can be regionally divided into Europe, North America, Asia Pacific (APAC), as well as the rest of the world (RoW).
The APAC market for Balsa Wood Market is the most profitable market and benefits from the rising per capita income of people, which drives them to purchase personal care and household products. As a result, the personal care industry has emerged as a major end-user in the APAC market for Balsa Wood Market. Increase in urban lifestyle, surging cost of living and the booming population have raised the use of surfactants in several industries, like agriculture, textiles, household, and personal care. Another favorable aspect has been the escalating demand for Balsa Wood Market in the pharmaceutical sector in Japan, India, China, and South Korea. The high availability of palm oil, which is an essential raw material used for developing fatty alcohols ethoxylates, also favors the regional market.
Europe has procured the second lead in the global market for Balsa Wood Market and is headed by Germany, France, United Kingdom, and Italy. Rampant demand for industrial cleaners combined with the strong presence of several renowned manufacturers of Balsa Wood Market in the region also adds to the market value.
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Oilfield Chemicals Market to reach US$ 94,069.7 million by 2027 in terms of revenue over the forecast period
Oilfield chemicals enable the production of oil & gas and make it more efficient. Various chemicals are used at diverse stages of process, starting from the borehole drilling, to stimulation and production, and finally to the closing of the borehole. Organic and inorganic, both chemicals are used as base chemicals that provide distinct and sophisticated functionalities such as matrix fluid or as weighting agents in order to increase the specific weight of the drilling fluid.
Oilfield chemicals are used as cementing super plasticizers, corrosion inhibitors, emulsion breakers, drilling additives, and paraffin dispersants. Global oilfield chemicals market continues to witness strong growth as it has led to cost-effective production, extraction, and exploration of oil and natural gas. Oil field chemicals contribute in achieving the greater efficiency and productivity, which cost-effectively maximize the recovery of oil and gas reserves, while minimizing the impact on the environment.
The global oilfield chemicals market was valued at US$ 58,350.2 million in 2018, and is expected to register a CAGR of 5.5% in terms of revenue over the forecast period (2019 – 2027) to reach US$ 94,069.7 million by 2027.
Market Dynamics
Based on applications, oilfield chemicals has been segregated into upstream, midstream, and downstream chemicals. Furthermore, under upstream segment, drilling chemicals category held the significant market share of around 15.0% in the global market in 2018. The growth in unconventional and offshore fields is likely to propel the demand for oilfield chemicals in the coming years.
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Top Keyplayers: Baker Hughes Inc., Halliburton, Schlumberger Ltd., Weatherford International Ltd, Diamoco Group, Royal Dutch Shell Plc, Solvay S.A, and The Egyptian Mud Engineering & Chemicals Company.
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Dispersing Agents Market 2022 Size, Business Research, Revenue, Growth Insights To 2030
Dispersing agents are widely used in the end-use industries such as automobile, building & construction, paper & pulp, agriculture, detergents, and pharmaceuticals among others. The global dispersing agents market is spanned across five regions of the world namely, Europe, North America, Latin America, Asia Pacific and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to continue leading, owing to the growing developments and industrialization in the developing countries in the region. The major countries attributing to this growth are Japan, China, and India. The growing population in the region has fuelled the construction and automotive sector which in turn is expected to boost the market growth during the forecast years. In addition to this, the growing oil & gas sector mainly in India and China has positively impacted the dispersing agents market
North America is a dominant region in the market of dispersing agents and is expected to retain its dominance during the forecast years. The developed end-use industry coupled with the increasing adoption rate are the major factor driving the market growth. The growing investment in the construction sector mainly in Canada and the U.S. is further expected to surge the market growth during the forecast years. Furthermore, the developed pharmaceuticals industry coupled with the presence of the major automobile players namely General Motors, Fiat Chrysler and Ford is also surging the market growth.
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The European market of dispersing agents is set to grow at a steady pace during the forecast period. The presence of the developed automobile sector and the pharmaceutical industry are the major factor driving the market growth. The Middle East and Africa is expected to witness a sluggish growth during the assessed period.
Segmentation
The global dispersing agents market is segmented into type and end-use industry. On the basis of type the market is segmented into suspension, solution, colloid, powder and others. On the basis of end-use industry, the global dispersing agent market is further bifurcated into building & construction, paints & coatings, pulp & paper, detergent, oil & gas, agriculture industry, pharmaceuticals and others.
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Competitive Analysis
Some of the prominent players operating in the Global dispersing agents market are BASF SE (Germany), Clariant AG (Switzerland), Cytec Industries Inc. (U.S.), The Dow Chemical Company (U.S.), Air Products & Chemicals Inc (U.S.), Altana AG (Germany), Arkema Group (France), Emerald Performance Materials Llc (U.S.), Meadwestvaco Corporation (U.S.), The Lubrizol Corporation (U.S.), Croda International Plc (U.K), and Gruppo Chimico Dalton Spa (Italy) among others.
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Rosin Alcohol & Derivatives Market Competitive Analysis With Growth Forecast till 2027
Rosin Alcohol & Derivatives Market: Introduction
Rosin is a hard, resinous material that is left when the volatile contents of turpentine are boiled. The turpentine from which rosin is obtained is distilled from oleoresin or crude turpentine, which, in turn, is obtained from the sap of coniferous trees, particularly the longleaf pine (‘Pinus palustris’) native to the Southeastern U.S. Rosin is also called colophony. A widely used rosin called tall oil rosin is obtained from tall oil, a resinous byproduct of the sulfate process of paper pulp production.
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Rosin alcohol and derivatives consist of several kinds of modified rosins, ester gums, rosin-based phenolic resins, and other rosin resins. Rosin alcohol and derivatives possess properties such as high viscosity, low solvent retention, low acidity, oxidation trend, and crystallization trend.
Rosin derivatives are used for pharmaceutical purposes such as film coatings, matrix formation, drug delivery systems, and microencapsulation. They are employed in many industrial fields such as ink industry, coating industry, and epoxy curing agents. They are also used as adhesives. Furthermore, rosin derivatives can be utilized as reactive monomer or co-monomers in various polymerization systems.
Rosin and its derivatives are often used as polymer additives. They play an important role as plasticizers and have specific importance in the paper industry. In the petroleum field, rosin derivatives are used as emulsifiers due to their amphiphilic nature. They are also used as corrosion inhibitors. Furthermore, rosin derivatives can be employed as oil spill dispersants.
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Different End-use Industries of Rosin Alcohol & Derivatives Market
Based on end-use industry, the rosin alcohol & derivatives market can be segmented into adhesives & sealants, food & beverages, coatings, electronics, inks, and others
Adhesives & sealants is the dominant segment of the rosin alcohol & derivatives market. Rosin derivatives are used in hot melt adhesives (HMA) and pressure sensitive adhesives (PSA).
Rosin-based derivatives act as natural materials as binders for inks to improve performance of fluidity, viscosity, drying, and printing adaptation.
Rosin-based derivatives are used as tackifiers and softeners in chewing gums. They are also used in packaging applications with direct food contact. Led by the tackifying properties, rosin alcohol and derivatives are key ingredients for various hair removing products (including depilatory waxes). Rosin alcohol and derivatives are also employed in paints for road-marking across the globe. Gum rosin resin’s tackifying properties ensure that the paint stays on the asphalt.
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Adhesives & Sealants End-use Industry Segment to Drive Rosin Alcohol & Derivatives Market
The term ‘adhesive’ refers to a binding substance applied on the surface of materials in order to avoid separation. Adhesives and sealants are used in various applications such as automotive, construction, green energy, and industrial materials.
Adhesives and sealants are replacing welding and mechanical fasteners in automotive parts. They help bond different materials and keep the vehicle weight minimal.
Rosin alcohol and derivatives are used for hot melt adhesives, which are further utilized in book binding, flooring, labels, wood, and packaging applications
Rosin alcohol and derivatives are also employed in pressure sensitive adhesives, which are further used in tapes, labels, and packaging
Thus, rise in demand for adhesives and sealants in different applications is anticipated to boost the rosin alcohol & derivatives market
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Asia Pacific Expected to Hold Major Share of Global Rosin Alcohol & Derivatives Market
In terms of region, the global rosin alcohol & derivatives market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific is a leading consumer of rosin alcohol and derivatives across the world, followed by Europe and North America. Asia Pacific is also expected to lead the global rosin alcohol & derivatives market in the near future, due to rise in the demand for rosin alcohol and derivatives in the adhesives & sealants sector in the region. Rise in construction activities in countries such as China, India, Singapore, Thailand, and Malaysia is fueling the demand for rosin alcohol and derivatives in these countries.
The rosin alcohol & derivatives market in Europe is led by Germany, France, and the U.K. The market in Europe is primarily driven by the increase in demand for rosin alcohol and derivatives in architectural and automotive coatings in the region.
Key Players in Global Market
The global rosin alcohol & derivatives market is fragmented, with market players focusing on incorporating advanced technologies to gain higher market share. These players offer a complete portfolio of products and focus on different business strategies to strengthen their position.
Key players operating in the global rosin alcohol & derivatives market include:
Foreverest Resources Ltd.
United Resins
Eastman Chemical Company
PINOPINE
Arakawa Chemical Industries, Ltd.
VWR International, LLC
D.S.V Chemcials Pvt. Ltd.
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