#Water Soluble Resins Manufacturers in India
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Water Soluble Resins Manufacturers
Greendot Biopak feels proud to be an established name in the production and distribution of environmentally friendly goods. We meet the growing need for products that lessen their negative effects on the environment worldwide by producing high-quality sustainable solutions. We provide a variety of items, such as mulch films, bio fillers, and home composting garbage bags. The most notable of these products are our Water Soluble Resins, which have become popular due to their eco-friendliness and adaptability. Greendot Biopak's dedication to fostering a cleaner, greener environment calls for on water-soluble resins. Our capacity to satisfy the global need for these ecologically friendly solutions is demonstrated by our status as Water Soluble Resins Manufacturers in India.
The Importance of Water Soluble Resins in Sustainability
Water-soluble resins are an innovative product that breaks down in water with no impact on the environment. In sectors where cutting waste and pollution is a top issue, such packaging, agriculture, and textiles, these resins are important. We can reduce the amount of dangerous plastic waste and encourage the usage of biodegradable materials by implementing water-soluble polymers in production processes. Our experience as Water Soluble Resins Manufacturers at Greendot Biopak provides us to provide the best Water Soluble Resins that satisfy the most demanding quality requirements while promoting the environment.
Why Choose Greendot Biopak for Water Soluble Resins?
Greendot Biopak is unique among water soluble resin manufacturers because of our dedication to environment and high quality. We realise how important it is to offer our customers effective and ecologically friendly goods. Our Water Soluble Resins are made using the newest technology to satisfy the demands of different sectors. Our resins are dependable, long-lasting, and completely biodegradable, making them ideal for a variety of applications, including packaging and agriculture. We are a reliable option for companies looking for the best Water Soluble Resins since we also put the needs of our customers first by providing these items on time and at affordable pricing.
A Leader in Eco-Friendly Solutions
Greendot Biopak is dedicated to making a positive environmental effect with each and every product we generate we are more than just a manufacturer. Our line of environmentally friendly products, which includes Water Soluble Resins, was created to assist businesses in their search of sustainable operations. Being one of India's top manufacturers of soluble in water resins, we have established a solid reputation for offering cutting-edge, environmentally friendly solutions that assist companies in lowering their dependency on dangerous plastics. Greendot Biopak keeps coming up with new ideas in response to the growing need for sustainable materials worldwide.
Conclusion
Our goal at Greendot Biopak is to offer environmentally friendly products that help create a more sustainable future. Together with our wide range of biodegradable goods, our Water Soluble Resins are a part of our ongoing efforts to promote green options and lessen waste in a variety of sectors. As a reputable manufacturer of water-soluble resins in India, we offer an invitation to companies everywhere to join us in this important work. By selecting Greendot Biopak, you're not only choosing premium goods, but you're additionally contributing to a future in which sustainability is central to all corporate operations. Together, let's make the earth greener and cleaner.
#Water Soluble Resins#best Water Soluble Resins#Water Soluble Resins Manufacturers#Water Soluble Resins Manufacturers in India
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Sulfonic Acid Manufacturer in Delhi: A Comprehensive Overview
Sulfonic acid is a vital chemical compound widely used across numerous industries, including detergents, pharmaceuticals, textiles, and water treatment. Its versatile properties make it indispensable for manufacturing processes. Delhi, a major industrial hub, hosts a variety of manufacturers supplying high-quality sulfonic acid to meet local and national demands. This article provides an in-depth look at sulfonic acid, its applications, and factors to consider when choosing a reliable sulfonic acid manufacturer in Delhi.
What is Sulfonic Acid?
Sulfonic acid belongs to a class of organic compounds characterized by the presence of a sulfur atom bonded to a hydroxyl group and a carbon chain (R-SO3H). Known for its strong acidity, excellent solubility in water, and chemical stability, sulfonic acid plays a key role in diverse industrial applications.
The most commonly used type of sulfonic acid is linear alkylbenzene sulfonic acid (LABSA), which is a key ingredient in producing detergents and cleaning agents. Its eco-friendliness and efficiency make it a preferred choice in industries focused on sustainability.
Applications of Sulfonic Acid
Sulfonic acid’s adaptability has made it a critical component in various industries:
Detergent Manufacturing Sulfonic acid is a primary surfactant used in manufacturing laundry detergents, dishwashing liquids, and industrial cleaning agents. It enhances the cleaning power by breaking down grease and grime effectively.
Pharmaceutical Industry The compound is used in synthesizing drugs and stabilizing pharmaceutical formulations. Its derivatives often serve as intermediates in chemical reactions during drug production.
Textile and Dye Industry Sulfonic acid improves the solubility and binding of dyes to fabrics, ensuring vivid and long-lasting colors in textiles. It is a critical agent for high-quality dye production.
Water Treatment As part of ion exchange resins, sulfonic acid plays a vital role in water purification and softening processes, helping industries meet clean water standards.
Petroleum Industry The oil and gas sector uses sulfonic acid as a corrosion inhibitor and emulsifier in drilling operations.
Why Choose a Sulfonic Acid Manufacturer in Delhi?
Delhi's industrial ecosystem is home to some of the most reputed chemical manufacturers in India. Choosing a reliable sulfonic acid manufacturer in Delhi ensures access to high-quality products that meet stringent standards. Here’s why it matters:
Quality Assurance Reliable manufacturers in Delhi prioritize quality control, offering sulfonic acid with high purity levels. Superior product quality ensures better results across applications.
Cost Efficiency Manufacturers in Delhi provide competitive pricing, especially for bulk orders, making it cost-effective for businesses.
Regulatory Compliance Leading manufacturers adhere to environmental and safety regulations, ensuring sustainable production processes.
Customization Many Delhi-based manufacturers offer tailored solutions to meet specific industrial needs, including unique formulations or packaging options.
Factors to Consider When Choosing a Manufacturer
Selecting the right sulfonic acid manufacturer can significantly impact your business operations. Key factors to evaluate include:
Reputation and Experience Look for manufacturers with a proven track record and positive reviews. Established companies often guarantee reliability and quality.
Certifications and Standards Certifications like ISO 9001 or environmental clearances indicate adherence to global quality standards.
Technical Support A good manufacturer provides technical assistance, helping you select the right product for your specific applications.
Supply Chain and Logistics Ensure the manufacturer has an efficient supply chain to deliver products on time, especially for large-scale industrial operations.
Why Delhi is a Key Hub for Sulfonic Acid Manufacturing
Delhi’s strategic location, robust infrastructure, and access to raw materials make it an ideal hub for chemical manufacturing. The city’s proximity to major industrial zones ensures a steady demand for sulfonic acid and related chemicals. Manufacturers in Delhi are well-equipped with modern facilities and are adopting green chemistry practices to meet the rising demand for sustainable products.
Conclusion
Sulfonic acid is an essential chemical with extensive industrial applications. When sourcing sulfonic acid in Delhi, it is crucial to partner with a reliable manufacturer that ensures quality, safety, and timely delivery. A trusted supplier not only meets your immediate needs but also supports your business's long-term growth by offering sustainable and customized solutions.
Delhi's chemical industry is evolving rapidly, with manufacturers striving to innovate and meet global standards. By choosing the right manufacturer, businesses can leverage the full potential of sulfonic acid while contributing to eco-friendly industrial practices.
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Role of Ion Exchange Resins in Water Treatment
Water is a precious resource obtained from natural sources like rivers, streams, or wells. It can contain contaminants or pollutants that can be harmful for usage or consumption. While solid particles can be removed through filtration, soluble substances need special treatment. Ion exchange resins play a crucial selectively removing solutes from water. They are used to reduce dissolved impurities by selectively exchanging ions based on charges. This article shed light on the role of ion exchange resins in water treatment, emphasizing their importance in different industries.
What are Ion Exchange Resins?
Ion exchange resins are highly porous materials that selectively remove or exchange ions in water or other solutions. The primary role of ion exchange in water treatment is ion exchange. These are tiny beads that have charged particles known as ions. This helps remove hardness and contaminants like chromate, nitrate, and arsenic in water. Western Carbon & Chemicals is a leading ion exchange resin manufacturer in India, offering a comprehensive range of ion exchange resins for different water treatment processes. Our product is tested and approved by the power sector, fertilizers, textiles, and other industries for their need of high-quality water needs. Choose our range of high-quality ion exchange resins for your specific applications.
Role of Ion Exchange Resin in Water Treatment Process
Water Softening
Water softness involves reducing water hardness by removing magnesium and calcium ions. These components create scales in appliances and pipes. Hard water is passed through a bed of cationic ion exchange resin beads that grab calcium and magnesium ions and release sodium ions in exchange. This helps to produce softer water that reduces the chances of scale build-up.
Demineralization
This process removes specific ions like magnesium, chloride, calcium, and sulfate from water. Ion exchange resins are used in industries that need high-quality treated water. This process is a combination of anionic and cationic resins. The ion exchange resin suppliers can customize resin tailored to remove specific ions for water consisting of needed minerals.
Deionization
Deionization, a critical process in water treatment, involves the removal of all ions from water to produce the high-purity water that is indispensable in laboratories, electronics manufacturing, and various industrial processes. The use of cationic resins, followed by anionic resins, effectively removes ions from water, ensuring the high-purity water that is a necessity in these settings. This underscores the critical role of ion exchange resins in ensuring the quality and reliability of industrial processes.
In all these water treatment processes, ion exchange resins selectively remove specific ions to get the desired water quality. The versatility and effectiveness of ion exchange resins make them essential in water treatment processes in different industrial settings. Western Carbon & Chemicals is one of the most trusted ion exchange resin manufacturers in uae for water treatment. Whether you need ion exchange resins for high-purity water or water for industrial processes, we tailor our product to your application. Get in touch with us to discuss your water treatment requirements.
Also visit:- Choose the Right Garnet Abrasive for Your Waterjet Cutting
#ion exchange resin manufacturer in India#ion exchange resin suppliers#ion exchange resin manufacturers in India
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Cyclohexane Prices, Trends & Forecasts | Provided by Procurement Resource
Cyclohexane (C6H12) is a colorless fluid with a mild sweet smell. It is partially soluble in water and completely in alcohol, acetone, benzene, ethanol, ethyl ether, olive oil, and carbon tetrachloride. The melting point of this volatile compound ranges around 6.47 °C and the boiling point measures around 80.7° C. It is an alicyclic hydrocarbon comprised of 6 carbon atoms formed in a hexagon arrangement. Cyclohexane is a flammable fluid, non-corrosive. The dehydration of cyclohexanol and using concentrated phosphoric acid results in the production of cyclohexane.
Request for Real-Time Cyclohexane Prices: https://procurementresource.com/resource-center/cyclohexane-price-trends/pricerequest
The key importing countries include Vietnam, India, and the Netherlands. On the other hand, the primary exporting countries are Vietnam, Germany, and Belgium.
Key Details About the Cyclohexane Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cyclohexane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The cyclohexane price trends, including India Cyclohexane price, USA Cyclohexane price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Cyclohexane Price Trends:
Cyclohexane is used commercially as a solvent to dissolve cellulose, ether, fats, waxes, spot removers, cellulosic, natural and synthetic resins, lacquers, and crude rubber. It is also used to manufacture perfumes, nylon 66 produced by a synthesis of adipic acid, plastics, paint, varnish remover, and much more.
Furthermore, Cyclohexane is used to make solid fuel for camp stoves, recrystallize medium glass substitutes, solid fuels, and adhesives. It synthesizes chemicals like benzene, cyclohexyl chloride, cyclohexanol, cyclohexanone, nitro-Cyclohexane, and many other chemical compounds for large-scale production. Here benzene and cyclopentane are the significant chemicals produced by Cyclohexane specifically.
Key Players:
BASF SE
Chevron Phillips Chemical Company
ExxonMobil Chemical Holland B.V.
Henan GP Chemicals Co., Ltd.
News & Recent Development
Date: 10 April 2023- RUDN experts to find a new catalyst that provides more efficient oxidation of Cyclohexane. The process produces adipic acid which is used in manufacturing household chemicals, food additives and other substances.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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Glycol Ethers Market Size, Key Players, Growth Factors, Regions and Applications, Industry Forecast by 2032
The glycol ethers market has experienced substantial growth in recent years, driven by their widespread use in various industrial applications. Glycol ethers are a class of solvents characterized by their excellent solvency, low toxicity, and desirable physical properties. These solvents are widely employed in industries such as paints and coatings, textiles, electronics, pharmaceuticals, and personal care products.
One of the key factors contributing to the growth of the glycol ethers market is the increasing demand for paints and coatings in construction, automotive, and other end-use industries. Glycol ethers are highly effective solvents for a wide range of resin systems, enabling improved viscosity control, film formation, and pigment dispersion. Their ability to dissolve both water-soluble and oil-soluble components makes them versatile and preferred choices for many coating applications.
Additionally, glycol ethers find extensive use in the electronics industry due to their excellent solvency and low volatility. They are utilized in the production of electronic components, such as printed circuit boards, as cleaning agents and solvents for fluxes and adhesives. Their compatibility with various materials, including metals, plastics, and ceramics, makes them indispensable in the manufacturing and assembly processes of electronic devices.
The pharmaceutical and personal care industries also contribute to the growth of the glycol ethers market. These solvents are utilized in the formulation of pharmaceutical drugs, cosmetics, and personal care products due to their ability to solubilize active ingredients, enhance product stability, and provide controlled release properties. Glycol ethers are often used as solvents, co-solvents, or coupling agents in various topical preparations, oral solutions, and parenteral formulations.
Furthermore, the glycol ethers market is driven by increasing awareness and regulations regarding environmental and health concerns associated with certain solvent options. Glycol ethers offer lower toxicity and improved environmental profiles compared to many traditional solvents, making them attractive alternatives in industries aiming to reduce their environmental impact and improve worker safety.
Looking ahead, the glycol ethers market is expected to witness continued growth due to the expanding industrial sectors, especially in emerging economies. The growth of automotive, construction, electronics, and personal care industries in countries like China, India, and Brazil is anticipated to drive the demand for glycol ethers in these regions.
For More Info@ https://www.persistencemarketresearch.com/market-research/glycol-ethers-market.asp
In conclusion, the glycol ethers market is experiencing significant growth due to their versatile applications in various industries. The demand for these solvents is driven by their solvency, low toxicity, and environmental compatibility. As industries continue to prioritize sustainability and regulatory compliance, glycol ethers are expected to play a vital role in meeting their solvent requirements and driving market growth in the foreseeable future.
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India Diethylene Glycol Market is Expected to Grow at a CAGR of 5.40% by FY2030 | ChemAnalyst
According to ChemAnalyst report, “India Diethylene Glycol Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030”, India Diethylene Glycol (DEG) Market is likely to grow at a CAGR of 5.40% during the forecasted period by FY2030. The end-user industries of Unsaturated Polyester Resin, Agrochemical, Rubber Compounding & Plasticizer, and Automotives are anticipated to fuel the Diethylene Glycol Market expansion in India in the forthcoming years.
Diethylene Glycol is an organic substance that is created when ethylene oxide partially hydrolyzes. It is a colourless, low volatile, low viscosity liquid that tastes sweet. It is soluble in organic solvents such as acetone, water, alcohol, and others. DEG is a popular solvent for oils, resins, paint pigments, textile dyes, and printing. Moreover, it serves as a raw material for the production of plasticizers, thermoplastic polyurethanes, and polyester resins.
Read Full Report Here: https://www.chemanalyst.com/industry-report/india-diethylene-glycol-market-47
The growing usage Unsaturated polyester resin due to their excellent properties like extraordinary lightness, rigidity, and good electrical insulation which drives its applications in various downstream industries such as automotive, furniture, shoes, etc. is the major driver for the DEG market expansion in India. Due to the rising DEG use in water-based coatings as a replacement for high VOC emitting solvent-based coatings, paints and coatings application is projected to experience the highest growth. Diethylene Glycol is also used as a feedstock for producing plasticizers and polyester resins, as a lubricant in textile industry. Moreover, DEG demand is gradually increasing due to its application in rubber compounds, paints & solvent industry and for synthesizing Polyethylene Glycols, which are the major areas which will drive the demand for DEG in domestic market during the forecast period. Over the coming years, the market for bulk chemicals is expected to expand significantly as a result of rising downstream applications, such as the textile and PET resin industries.
India Diethylene Glycol Market is segmented based on end-use, sales channel, and region. Based on end-use, the India Diethylene Glycol market is bifurcated into Unsaturated Polyester Resin, Agrochemical, Rubber Compounding & Plasticizer, Automotives and Others. In the automotive sector, DEG finds application as a useful brake fluid. Because of their inexpensive price, simple manufacturing process, and high performance, unsaturated polyester resins are among the most significant and industrially versatile thermosetting materials. They are used in a variety of applications, including automobiles, marine, transportation, building, construction, and electronic devices.
Based on region, the India Diethylene Glycol Market is segregated into North, South, East, and West. Currently, West India has been dominating the market followed by North India. In FY2022, West India held a market share of approximately 32% of the market. The demand is curated due to the location of a huge number of plastic and other end-use industries like electronic goods producers located in western states like Gujarat and Maharashtra. Furthermore, the ease of availability of shipping ports creates an ease of transport of these goods.
Request Sample Report: India Diethylene Glycol Market
“India Diethylene Glycol Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030” Major players in the India Diethylene Glycol market are Reliance Industries limited, Indian Oil Corporation Limited and India Glycols Limited. Significant companies for Global Diethylene Glycol market are SINOPEC, Shell, Reliance Industries Ltd, SABIC, The Kuwait Olefins Co, Formosa Plastics Corp, TOC Glycol Company Limited, Huntsman Corp, Dow Chemical Co, Alberta & Orient Glycol, and Indorama Ventures (Oxide & Glycols) LLC.
“Growing demand for Diethylene Glycol to produce Unsaturated polyester resin which is used in various downstream industries like electrics & electronics, automotive, construction furniture, etc, is anticipated to swell the demand for Diethylene Glycol in India in the forecast period. DEG is an excellent feedstock chemical for the production of rubber and agrochemicals which prominently contributes to the market. Owing to fast-paced industrialization and modernization across India, the growing rate of sale of vehicles is anticipated to projects a greater demand Diethylene Glycol in the forecast period till FY2030. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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Cassia Gum Market Analysis of Growth Features, Trends, Manufacturing Cost and Forecast To 2030
Cassia gum is a natural gum obtained from the endosperm of the seeds of the Cassia tora plant, which is native to India. The gum is commonly used in the food industry as a thickener, emulsifier, and gelling agent. It is also used in the pet food industry as a binding agent in dry pet food. Cassia gum is a highly viscous, water-soluble polysaccharide that consists of galactose, mannose, and xylose sugars. It is similar in structure to guar gum and locust bean gum, which are also commonly used in the food industry.
Cassia gum has a number of advantages over other gums. It has better emulsifying properties than guar gum and is less expensive than locust bean gum. It is also more stable over a wide range of pH and temperatures, making it suitable for use in a variety of food products. The global cassia gum market has been growing steadily in recent years and is expected to continue to grow in the coming years. The main drivers of the market growth are the increasing demand for natural food additives and the growing pet food industry.
The global cassia gum market has been growing steadily in recent years and is expected to continue to grow in the coming years. The main drivers of the market growth are the increasing demand for natural food additives and the growing pet food industry.
In the food industry, cassia gum is used as a thickener, emulsifier, and stabilizer in a wide range of products such as dairy products, bakery products, sauces, and beverages. The demand for cassia gum in the food industry is driven by the increasing consumer preference for natural and organic food products.
In the pet food industry, cassia gum is used as a binding agent in dry pet food. The growing pet population and the increasing demand for high-quality pet food are driving the demand for cassia gum in the pet food industry.
The Asia-Pacific region is the largest market for cassia gum, followed by North America and Europe. India is the largest producer and exporter of cassia gum, accounting for a significant share of the global market. Other major producers of cassia gum include China and African countries.
Key players are operating in the global ion exchange resins market are Agro Gums, Avlast Hydrocolloids, Altrafine Gums, H. B. Gum Industries Private Ltd, Premcem Gums Pvt. Ltd., Agro Herb Gums, JD Gums And Chemicals, Dwarkesh Industries, Fooding Group Limited, Amba Gums & Feeds Products, and The Lubrizol Corporation
The cassia gum market has been experiencing steady growth in recent years and is expected to continue to grow in the coming years. The main drivers of the market growth are the increasing demand for natural food additives and the growth of the pet food industry.
The increasing consumer preference for natural and organic food products is driving the demand for cassia gum in the food industry. As a natural ingredient, cassia gum is an attractive alternative to synthetic and chemical food additives. Additionally, cassia gum is cost-effective compared to other food additives such as guar gum and xanthan gum, making it a popular choice among food manufacturers.
In the pet food industry, cassia gum is used as a binding agent in dry pet food. The growing pet population and the demand for high-quality pet food are driving the growth of the pet food industry, which, in turn, is boosting the demand for cassia gum.
Moreover, the versatile properties of cassia gum make it a popular ingredient in a wide range of industries such as pharmaceuticals, cosmetics, and personal care products. This has also contributed to the growth of the cassia gum market.
Cassia gum is a natural food additive that has a wide range of applications in various industries. Here are some of the main applications of cassia gum:
Food Industry: Cassia gum is commonly used in the food industry as a thickener, emulsifier, and stabilizer in a variety of products such as dairy products, bakery products, sauces, and beverages. It enhances the texture and consistency of these products, improving their overall quality and appeal.
Pet Food Industry: Cassia gum is widely used as a binding agent in the production of dry pet food. It helps to maintain the shape and texture of the pet food and prevents it from breaking apart during storage and transportation.
Pharmaceutical Industry: Cassia gum has pharmaceutical applications as well. It is used as a disintegrant in tablet formulations to improve the rate of drug dissolution in the body.
Cosmetics Industry: Cassia gum is used in the cosmetics industry as a natural thickener and emulsifier in various skincare and haircare products such as creams, lotions, and shampoos.
Personal Care Products: Cassia gum is also used in personal care products such as toothpaste, mouthwash, and other oral care products as a thickener and stabilizer.
The cassia gum market offers several advantages, some of which are listed below:
Natural Origin: Cassia gum is a natural food additive derived from the endosperm of the seeds of Cassia tora plant. As a natural ingredient, it is considered a safer and healthier alternative to synthetic and chemical food additives.
Cost-Effective: Cassia gum is a cost-effective alternative to other food additives such as guar gum and xanthan gum. It is less expensive, which makes it a popular choice among food manufacturers.
Versatile Properties: Cassia gum has versatile properties and can be used as a thickener, emulsifier, and stabilizer in a wide range of food and non-food products. Its ability to form gels, enhance viscosity, and stabilize emulsions make it a popular ingredient in various industries such as food, pet food, pharmaceuticals, cosmetics, and personal care products.
Improved Texture and Quality: Cassia gum enhances the texture and consistency of food products, improving their overall quality and appeal. In pet food products, it helps to maintain the shape and texture of the pet food and prevents it from breaking apart during storage and transportation.
Sustainable and Environmentally Friendly: Cassia tora plant is a sustainable crop that requires less water and pesticides compared to other crops. The production of cassia gum has a lower environmental impact, making it an environmentally friendly alternative to synthetic and chemical food additives.
Overall, the advantages of cassia gum make it a popular ingredient in various industries, offering a safer, healthier, cost-effective, and environmentally friendly alternative to synthetic and chemical food additives.
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Water-Based Coatings Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2030
MRFR (Market Research Future) expects the water based coatings market 2020 to perform exceedingly well and attain a significant growth rate over the evaluation period (2016 to 2023). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.
Water-Based Coatings Market is projected to be worth USD 111.72 Billion by 2030, registering a CAGR of 5.72% during the forecast period
Key Boosters and Top Challenges
The water-based coatings market is all set to gain significant grounds in the coming years, backed by factors like soaring demand from several end-use industries like automotive, industrial and infrastructure. These types of coatings are generally preferred over other conventional ones since these contain close to 80% water content, which makes it an excellent solvent and it produces low VOC emissions. Synthetic pigments, resins, additives and surfactants are some of the most commonly used raw materials during waterborne coatings’ manufacturing. The mentioned raw materials help manufacture different kinds of waterborne coatings that have further use in several applications such as general industrial, architectural, wood, automotive OEM, coil, protective coatings, marine, industrial wood, metal packaging, automotive refinish, to name a few.
The global water based coatings market growth is further bolstered by the rising automobile production across Mexico, China, Malaysia, Germany and Indonesia. Growth in the number of construction activities in developing countries in Asia Pacific and the Middle East should also foster market growth. End-users in these countries are increasingly looking for high-performance, application-specific additives and pigments, which have excellent corrosion resistance as well as aesthetic properties, presenting attractive opportunities to the water-based coatings manufacturers. The striking boom in the construction industry in the past decade has been favorable for the global water based coating market as well. The emerging trend of opting for solvent-free coatings that have lower emissions instead of coatings that have high or low volatility organic solvents is fostering the product demand in commercial and residential applications.
The competition in the global market is quite intense, as a result of the growing application scope as well as use-cases of water-based coatings across various industries. The considerable growth of the automotive and construction industries in emerging nations of Central & South America and Asia Pacific, offer a host of lucrative opportunities to the water-based coatings manufacturers. The key raw materials suppliers also benefit in this scenario and are encouraged to bolster their product ranges to enhance their global reach.
Market Segmentation
Water-based coatings market has been considered in the report for product type, resin type and end-use industries.
Various product types mentioned in the MRFR report include colloidal coatings, water-soluble paints, water-based alkyds and emulsions/latex paints.
Depending on resin type, the global market caters to epoxy, formaldehyde, acrylic, alkyds, polyurethane, and more.
The top end-user industries in the worldwide industry include paper & packaging, automotive, building & construction, marine, electronics, and others.
Regional Outlook
The key markets for water-based coatings are APAC or Asia Pacific, North America, Latin America, Europe and MEA/Middle East & Africa.
APAC is on its way to take the lead in the global market, thanks to the mounting demand for water-based coatings in the fast growing automotive and construction sectors. Also, the heightened demand for advanced electronics and the rapidly evolving lifestyle have bolstered the use of water-based coatings in industries like general industrial, automotive, new construction, remodel & repaint and marine in India, China, Taiwan, Malaysia, Indonesia, Vietnam and South Korea. China, however, exhibits the highest potential of securing the top position in the APAC market over the review period, in view of the flexible environmental norms pertaining to emissions along with reduced taxes levied for manufacturers. The surging income level in China has also induced major growth in the waterborne coatings industry.
The European market is mostly bolstered by the significant growth in the construction industry, especially following the recovery post-recession in the region. Germany’s stringent regulatory framework, one of which is Technische Anleitung (TA) Luft and the UK’s Environmental Protection Act state a few guidelines that aim to reduce the VOC content in coatings and paints. This is bound to work in favor of the water-based coatings market, since these products are fast replacing the traditional solvent-borne coatings in the construction industry.
Top Industry Competitors
Top competitors active in the global water-based coatings industry are BASF SE (Germany), Chenyang Waterborne Paint (China), Kansai Paint Co.,Ltd. (Japan), Asian Paints (India), Sika AG (Switzerland), Berger Paints India Limited (India), Nippon Paint Company Limited (Japan), PPG Industries Inc. (U.S.), Axalta Coating Systems (U.S.), The Valspar Corporation (U.S.), AkzoNobel N.V. (Netherlands), Tikkurila Oyj (Finland), Jotun (Norway), The Sherwin-Williams Company (U.S.), Rpm International Inc. (U.S.), among others.
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#Water-based coatings#Water-based coatings Market#Global Water-based coatings Market#Water-based coatings Industry#Water-based coatings Market Size
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N-Propyl Acetate Market is Estimated to Grow at a CAGR of 4.07% by 2030 | ChemAnalyst
According to ChemAnalyst report, “N-Propyl Acetate Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. N-Propyl Acetate market is growing exponentially over the last few years and is anticipated to accomplish a CAGR of 4.07% in the forecast period as it extensively used in paints and coatings as a solvent. N-propyl acetate is volatile, colorless, highly flammable, toxic liquid, synthesized by the esterification of acetic acid and 1-propanol. It is miscible with many common solvents, eg alcohols, ketones, aldehydes, ethers, glycols and glycol ethers, but it is only sparingly soluble in water.
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N-Propyl Acetate comes in different grades including reagent and technical grade, agricultural and pharmaceutical grade, and optical grade. Owing to its properties like high volatility, mild odor and miscibility with most of the organic solvents, it finds application in various areas including paints and coatings, flexographic, printing inks, fragrances, cosmetics, food and beverages, pharmaceuticals and others. The N-Propyl Acetate market is bifurcated into Purity≥99.5% and Purity≥ 99.0%. The purity≥ 99.0% segment holds the largest market share. Growing demand for paints and coatings from various industries coupled with the increasing usage in food and beverage industry is expected to drive the demand of N-Propyl Acetate during the forecast period. Another factor of great significance is that the solvent power and the ability to thin other chemicals or organic compounds of n-propyl acetate are comparable to those of ethyl acetate. Owing to this, it dissolves many natural and synthetic resins (eg cellulose nitrate, acrylates, alkyd resins, rosin, plasticizers, waxes, oils and fats) and is thus an eminently suitable solvent for wood lacquers and industrial finishes. Moreover, increased production capacity additions including the capacity expansion by Showa Denko KK are likely to create opportunities in the n-propyl acetate market during the forecast period. oils and fats) and is thus an eminently suitable solvent for wood lacquers and industrial finishes. Moreover, increased production capacity additions including the capacity expansion by Showa Denko KK are likely to create opportunities in the n-propyl acetate market during the forecast period. oils and fats) and is thus an eminently suitable solvent for wood lacquers and industrial finishes. Moreover, increased production capacity additions including the capacity expansion by Showa Denko KK are likely to create opportunities in the n-propyl acetate market during the forecast period.
COVID-19 Impact:
Due to COVID-19 pandemic, there is a decline in the demand of N-Propyl Acetate as most of the industries have been greatly impacted, including chemical industries during the lockdown due to the imposition of lockdown in the major economies. There was a disturbance in the supply and value chain which negatively affect the N-Propyl Acetate market. However, after relaxation in lockdowns, an improvement is seen as industries begin to operate their manufacturing units at maximum efficiencies.
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Regional Outlook:
Region wise, Asia Pacific region holds the major share of global demand for n-propyl acetate owing to growing demand for paints and coatings. Increasing population, Rapid industrialization and undergoing construction in the region specially, in China and India N-propyl market finds a significant place. Many industries involve in paints and coatings are investing in the region to set up their manufacturing plants due to the growing construction and automobile sector here, that consequently uplifting the production capacity of N-Propyl Acetate in Asia Pacific.
Major Players:
BASF Group
Du Pont Inc.
DOW
Eastman Chemical Company
Solvay SA
Showa Denko KK
Sankyo Chem.
Daicel
Sasol corporation
Shiny Chemical industrial Co. ltd.
Zibo Nuoao Chem. Co. Ltd.
Wujiang Shuguang Chemical Ltd.
Ningbo Yongshun and Tosoh corporation.
N-Propyl Acetate is a versatile chemical, used in various chemical industries as solvent or as an intermediate to manufacture natural and synthetic resins. Major applications of N-propyl Acetate include Paints and Coatings coupled with cosmetics, pharmaceuticals and in the preparation of lacquers as a solvent. Growth in construction, healthcare and automobile sectors is expected to directly upsurge the demand for N-Propyl Acetate in the forecast period.” Said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
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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.
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Key Trends Shaping the Water Soluble Packaging Market
The water-soluble packaging market is estimated to be valued at USD 2.8 billion in 2019 and is projected to reach USD 3.7 billion by 2025, recording a CAGR of 5.0% during the forecast period. The increasing demand for sustainable and green packaging drives the market growth for water-soluble packaging.
Key players in this market include Lithey Inc. (India), Mondi Group (Austria), Sekisui Chemicals (Japan), Kuraray Co. Ltd. (Japan), Mitsubishi Chemical Holdings (Japan), Aicello Corporation (Japan), Aquapak Polymer Ltd (UK), Lactips (France), Cortec Corporation (US), Acedag Ltd. (UK), MSD Corporation (China), Prodotti Solutions (US), JRF Technology LLC (US), and Amtopak Inc. (US).
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Kuraray Co. Ltd (Japan)
is a key supplier, offering products in categories such as resins, chemicals, fibers, and textiles based on polymer and synthetic technologies. Its operations focus on becoming a specialty chemical company, which is growing sustainably by incorporating new foundational platforms into its own technologies. It is pursuing competitive superiority by creating new demand and by developing high-value-added and customized products and applications such as transfer printing technologies and dust abatement technologies based on client requirements. MonoSol, a subsidiary of Kuraray Co. Ltd., led the way with its unit dose technology, collaborating with marketers to develop laundry detergent products and created a new product category, water-soluble film-packaged products in the detergent industry. It encapsulates laundry and dishwasher pods or packs, which would eliminate the need to pour and measure liquids or powders.
In 2018, the company established a water-soluble film manufacturing facility in Indiana, US. The development helped the company to strengthen its market position in the US.
Aquapak Polymer Ltd (UK)
is a privately held company headquartered in Birmingham and one of the leading developers, manufacturers, and distributors of biodegradable and marine safe polymer films for packaging. The company works in collaboration with the brands and retailers, and packaging manufacturers to design circular economy solutions to replace single-use plastic packaging.
Aquapak Polymer Ltd. offers polymer-based products under the brand, Hydropol. Product is categorized as water-soluble, stable & storable, heat-sealable, electrostatic-resistant, and ultraviolet-resistant.
In October 2019, the company launched garment packaging bags made from Aquapak polymer Ltd. in collaboration with Finisterre (UK), a garment company . The company aims to replace traditional packaging with soluble packaging.
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The water soluble packaging market in Asia Pacific is projected to witness high growth due to the strong local and export demand. The rising population and growing number of manufacturing industries in Asia Pacific is the key factor driving the market for water soluble packaging. The manufactured product is used domestically as well as exported. China and Japan are the hubs for water soluble film production. In India, the population is increasing rapidly, and the country is striving for a safe, better, clean, and healthy lifestyle. The water soluble packaging market will grow in these regions at a high rate.
Key Questions Addressed by the Report:
What are the growth opportunities in the water soluble packaging market?
What are the major raw materials used for manufacturing water soluble packaging?
What are the key factors affecting market dynamics?
What are some of the significant challenges and restraints that the industry faces?
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Global Paste Fluxes Market Size, Share, Segments and Growth Factor Analysis Report 2028
The study on Paste Fluxes Market with its type and application sales analysis is very essential for all the decision-makers or strategists operating in this industry. The report is made by analysts with deep industry knowledge and experience. The global, regional, and country annual sales and revenue has been studied for the historical years and estimated for the current year. With the help of analytical tools, primary interviews, and data triangulation the report is enriched with quality data. The qualitative data on the upcoming industry trends with market triggers and risks are covered as a separate section in this comprehensive report.
As understood and analyzed in the global Paste Fluxes market report the growth CAGR in the year 2022 to 2028 is showing a promising inclination. The macro and microeconomic conditions are studied and forecast data is anticipated.
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As per this report analysis, the Paste Fluxes market is expected to show a CAGR (revenue) of xx% between the forecast years and the global market size can cross USD XX million by the end of 2028, growing from USD XX million in the year 2022. This report specifically covers the global market share (sales as well as revenue) of key companies in the Paste Fluxes business, as mentioned in a separate Chapter 3.
Regionally, the Paste Fluxes market data is studied under the below-mentioned regions and countries – Americas covering (United States, Canada, Mexico, Brazil), APAC covering (China, Japan, Korea, Southeast Asia, India, Australia), Europe covering (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa covering (Egypt, South Africa, Israel, Turkey, and other GCC Countries).
This research study gives a comprehensive overview of market share and growth opportunities of the Paste Fluxes market as per type and application. The report also covers key manufacturers’ profiles with sales and gross margin data.
The key manufacturers covered in this report: Breakdown data in Chapter 3.
Superior Flux
FCT Solder
Senju
Alent (Alpha)
Tamura
Henkel
Indium
Kester (ITW)
Shengmao
Inventec
KOKI
AIM
Nihon Superior
KAWADA
Yashida
Tongfang Tech
Shenzhen Bright
Yong An
Others
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This study considers the Paste Fluxes value and volume generated from the sales of the following segments:
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 11.7.
Resin-Based
Water Soluble
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 11.8.
Automotive
Aerospace
Electronics & Communication
Defense
Others
The latest developments of the industry and the sales channel, manufacturing process along with the manufacturing cost study is covered in the report.
Key Questions Answered –
What will be the Paste Fluxes market CAGR and size between 2022-2028?
Who are the top/leading players of the Paste Fluxes market?
What changes are expected in the Paste Fluxes market in the next six years?
Which are the top product and leading applications of the Paste Fluxes market?
What are the leading market drivers and major risks factors for the Paste Fluxes market?
Which region/country leads and foresees highest growth in the next six years?
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DecisionDatabases.com is a global business research report provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map clients’ research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.
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Leading Manufacturer And Exporter of Industrial Diamond Tools
Kutwel Dia Tools was founded in 1975 in Mumbai by Mr. Ashok Soni and Mr. Amar Soni, and has over forty years of design and production expertise in Industrial Diamond Tools.
The organisation places a high value on the significance of expertise in corporate growth and innovation, and it has a reliable R&D team of talented professionals, and stringent quality assessment people. The company's current manufacturing base comprises of a sophisticated industrial machinery facility that is updated on a regular basis with latest technology from well-known global manufacturers. The existence of our own development and manufacturing base, as well as high-quality engineers, allows us to continually enhance the technical qualities of the manufactured tools and control the release of more sophisticated commodities.
Owing to our huge range and excellent quality of our goods, as well as a worldwide network of clients in various countries such as India, South Korea, Dubai, Muscat, Europe, and the United States, we are able to offer our tools to consumers all over the world. Our quality system ensures constant quality levels for all processes and products by utilising strict.
Professional industry cutting solutions are provided to our customers. We have innovative manufacturing equipment, precise measurement devices, and a thorough quality management system, allowing us to provide clients a broad variety of cutting tool systems. The company makes the most cost-effective diamond processing tools like Posalux Diamond Tool, Chisel Type Diamond Dressers, Hardness Indenters, Multi Point Diamond Dresser, Diamond and CBN Wheels, etc. The organisation commits to the maximum reliability, high throughput, and reliability in design idea. The firm has taken center stage of the market in sophisticated cutting technology thanks to continual product optimization improvements.
Our Product Range Includes -
Single Point Diamond Dresser - Multifunctional trimming tool for rotating and dressing grinding wheels.
Multi Point Diamond Dressers - A set of natural diamonds with a high crystal quality for big broad grinding wheels.
Multi Point Indexable Crown - Used for all sorts of big wheels when precise truing is required.
Chisel Type Diamond Dressers - Used on Diaform, Akuform, and similar machines for precise profiling of grinding wheels.
Impregnated Diamond Dressers - Designed for delicate and sensitive grinding wheels that require a lower surface quality.
Roller Dressers - The row of diamonds in these dressers is inserted at regular intervals within the diameter of roller bodies.
Hardness Indenters - Hardness testing equipment, both manual and automated to provide a consistent assessment of metal hardness.
Diamond Lapping Compound - This is available in two type’s water soluble & oil soluble.
Electroplated Diamond Needle Files - Quicker and cost-effective stock removal on ceramics, moulds, die plates, hardened and non-hardened steel, carbides, etc.
Electroplated Diamond & CBN Pins - Designed for machining materials that cannot be ground inexpensively with metal or resin-bonded diamond tools.
Diamond and CBN Wheels – For micro-finishing, polishing, mold and measuring tool, knife and cutting tool, rough grinding, etc.
Natural Diamond Turning Tool - When it comes to the production cycle, accuracy is everything.
Tools for Jewellery - These include Posalux Tools for Jewellery, Diamond Hammering Pin, Diamond Fly Cutter.
We want to serve our clients with a satisfied product and build a long-term connection with them. We can fulfil large-quantity orders within a timely manner. Our products are loaded with extensive metallurgical expertise, advance manufacturing facilities, widespread applications understanding, and agile and sophisticated manufacturing capacity, allowing us to offer a wide range of diamond cutting solutions. These tools are well-known for their good precision, endurance, usefulness, and versatility.
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Rise in Demand for Hexamine as an Antioxidant and Modifier Expected to Drive Global Hexamine for Industrial Use Market: Ken Research
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Hexamine is also identified as hexamethylenetetramine. It is a specific type of hetero-cyclic organic crystalline compound, generally available in the white crystalline powder form, which is soluble in water & organic compounds. Industrial hexamine is formed by reaction between ammonia and formaldehyde. It is usually used into numerous applications including rubber industry, synthetic-resin industry, textile industry and other industries. It is largely used as a hardening-compound in the phenolic-resins and phenolic-resin molding-compounds formulation. Besides this, it is also used as a binder in the manufacturing of brake & clutch linings, non-woven textiles, abrasive products and fireproof materials.
In general, hexamine is available in two forms, stabilized form and un-stabilized form. Each form has different uses, for example the unstabilized hexamine is generally used in coating, adhesive and sealant applications, while the stabilized hexamine form is used as a chemical intermediate in the process industry.
Referring to the study, Global Hexamine for Industrial Uses Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies operating in the global hexamine for industrial use market include Caldic, KCIL, MGC, COPENOR, INEOS, Hexion, Simalin, Metafrax, Sina Chemical, Shchekinoazot JSC, Shengxuelong Chemical, Xudong Chemical, GAMERON, Ruixing Group, Feno Resinas, Yangmei Fengxi, Runhua Chemical, CHEMANOL, Xiangrui Chemical, Linze Chemical, Yuhang Chemical and among others.
Based on types, hexamine for industrial use market can be segregated as stabilized grade and unstabilized grade. Unstabilized grade hexamine is generally produced by manufacturers in all over the world, so the percentage of unstabilized grade is higher than that of stabilized grade. In addition, based on application, market can be segregated as rubber industry, synthetic resin industry and textile industry.
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Rapid growth of textile, pharmaceutical and rubber industries, followed by rise in demand for agrochemicals such as fungicides, herbicides, and insecticides, surge in demand for adhesives & sealants from the construction industry, increase in disposable income and rise in demand for hexamine as an antioxidant & modifier in several industries are some major factors, which are responsible for growth of the hexamine for industrial use market. However, a stringent government regulation in the developed regions regarding the use of hexamine is a key restraining factor for market.
Based on regional analysis, the Asia-Pacific is a leading region in global hexamine for industrial use market owing to growth in population, rise in demand for hexamine as a food preservative in the food & beverage industry coupled with increase in interest of investors and shifting of manufacturing sector from the developed to developing countries such as China, India, and Singapore across the region. The North-America and Europe regions are estimated to witness higher growth rate due to growth in consumption of hexamine for synthesis of several chemicals & polymer compounds over the forecast period. It is projected that future of the global hexamine for industrial use market will be optimistic on account of growth of polymer & plastics and textile industries during the forecast period.
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Global Hexamine for Industrial Use Market Research Report
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Diethylene Glycol Price Trends: An Overview of the Industry Landscape
Diethylene Glycol (C4H10O3) is an inorganic chemical that exhibits characteristic properties of both alcohol and ether groups. It is a stable oily liquid with no color or odor. The compound is slightly viscous and non-corrosive in nature. Diethylene Glycol is a non-volatile, hygroscopic liquid that is soluble in both organic compounds and water.
The boiling point for the chemical measures around 245° C. Hydrolysis of ethylene oxide produces Diethylene Glycol (DEG), the compound comprised of two ethylene glycol molecules linked by the ether bond in between them.
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Vietnam, South Korea, and China are the primary exporting countries that export DEG. On the other hand, the key importing countries for the same are Vietnam, India, and the Philippines.
Key Details About the Diethylene Glycol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diethylene Glycol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Diethylene Glycol Price Trends, including India Diethylene Glycol price, USA Diethylene Glycol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Diethylene Glycol Price Trend:
Additionally, DEG produces saturated and unsaturated polyester resins, plasticizers, and polyurethanes. It is included in various personal care products, such as lotions, creams, deodorants, etc. In medical sectors, a diluted solution of Diethylene Glycol is used as a cryoprotectant to prevent ice formation.
Key Players:
CNPC
Reliance Group
SABIC
BASF
Royal Dutch Shell PLC
News & Recent Development
Date: March 10, 2023- India's drug manufacturers banned the supply of propylene glycol sourced from a firm in Delhi that supplied the chemical to Marion Biotech, which produced cough syrup that contained an unacceptable amount of Diethylene Glycol and ethylene glycol, which turned out to be the cause for the death of 18 children at Uzbekistan.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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Industrial Coatings Market Predicted to Witness Sustainable Evolution in Future | Asian Paints PPG Pvt. Limited (India), Jotun (Norway), Kansai Paint Co., Ltd (Japan), Beckers Group (Germany)
Description :
Global Industrial Coatings Market Research Report: Information By Resin (Acrylic, Polyurethane, Epoxy, Polyester and Fluoropolymers), Technology (Solvent-Based, Water-Based and Powder), End Use (General Industrial, Automotive & Transportation, Marine Protective, Industrial Wood, Packaging) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast till 2027
Keywords :
Industrial Coatings, Industrial Coatings Market, Industrial Coatings Industry, Industrial Coatings Market Size, Industrial Coatings Market Share, Industrial Coatings Market Trends, Industrial Coatings Market Analysis, Industrial Coatings Market Demand, Industrial Coatings Market Uses, Industrial Coatings Market, Global Industrial Coatings, Global Market
Global Industrial coatings market Analysis
Global Industrial Coatings Market is projected to be valued at over USD 78.2 Billion by the end of 2027 and exhibit a sluggish CAGR of around 3.5% during the forecast period.
The increasing demand for industrial coatings in the end-use industries, including general industries, automotive & transportation, marine, wood finishes, and packaging, is the primary factor that is expected to boost the growth of the global industrial coatings market. The growth of the industrial coatings market is driven by the increasing demand for environment-friendly coatings such as water-borne coatings, powder coatings, and UV cure technology coatings.
This is mainly due to the rising concerns over the depletion of the ozone layer and declining air quality globally. Many global companies such as AkzoNobel N.V, PPG Industries, Ica Group, and Croda International plc have already launched their bio-based coatings products in the global market. Moreover, an increased focus on R&D has been witnessed among the market players to develop bio-based coatings products with innovative plant-based ingredients. Furthermore, many coatings industry suppliers offer raw materials with renewable content to formulators. For instance, Koninklijke DSM N.V., a subsidiary of DSM coating resins, offers its Decovery series of resins that features bio-based contents ranging from 27% to 49%.
Furthermore, the growing adoption of nano-coatings and an increase in mergers and acquisitions by prominent manufacturers by the end users is likely to create growth opportunities for the market players during the forecast period. However, the difficulty in obtaining thin films in powder coating technology is likely to hamper the growth of the global market during the forecast period.
Top Key Players
MRFR has identified the following companies as the Key Players in the Global Industrial Coatings Market — PPG Industries, Inc (US), Axalta Coating Systems Ltd (US), Nippon Paint Holdings Co., Ltd (Japan), The Sherwin-Williams Company (US), Akzo Nobel N.V. (Netherlands), Asian Paints PPG Pvt. Limited (India), Jotun (Norway), Kansai Paint Co., Ltd (Japan), Beckers Group (Germany), RPM International Inc (US), Hempel A/S (Denmark), KCC CORPORATION (South Korea), NOROO Paint & Coatings Co Ltd (South Korea), Sika AG (Switzerland), and Wacker Chemie AG (Germany).
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Regional Analysis
Based on technology, the global industrial coatings market has been segmented into solvent-based, water-based, powder coating, and others. Water-based coatings contain water-soluble resins and use about 80% water and small quantities of other solvents, such as glycol ethers, alcohol, or other oxygen-containing solvents, to disperse the resins. The resins used include polyesters, polyacrylates, alkyds, epoxies, and epoxy esters. Water-based coatings have low toxicity and reduce the concentration of flammable materials in a confined area owing to low VOC levels and HAP emissions. Moreover, favorable government policies and stringent environmental regulations are expected to favor the growth of water-based coatings during the forecast period.
Based on end-use, the Global industrial coatings market is segmented into general industrial, automotive & transportation, industrial woods, marine protective, packaging, and other industries. Among these, the general industrial segment dominated the market with a share of over 35 % and valued at over USD 23 billion in 2019. The general industrial segment includes the application of industrial coatings in chemical, energy & power, textile, equipment manufacturers, and others.
The industrial coatings are used to provide a protective layer and corrosion resistance, mechanical, weathering, and heat and radiation resistance to the metals and the substrate under the coatings. Moreover, industrial coatings contribute to the durability of a product. Industrial coatings are widely used in chemical processing owing to their properties of abrasion, chemical, and heat resistance, along with the addition of protective layers. The growth in the global chemical industry is likely to be a stable revenue source to the global industrial coatings market during the forecast period.
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Biggest Milk Scam
13 years ago, kidney stones were diagnosed in 16 babies in Gansu province, China. All had been fed powdered milk that was later adulterated with a toxic industrial compound called melamine. Four months later, an estimated 300,000 babies in China contracted the contaminated milk and kidney damage caused six deaths. The Sanlu Group, one of China's largest milk producers, has been identified as the main culprit. But as the scandal unfolded, more Chinese dairy companies got involved. This horrifying experience was one of the biggest cases to show the importance of food safety standards around the world. Various acts around the world were adopted due to this. Similar acts are also constantly observed in India. Despite the fssai standards for milk, these adulterarted products are readily available in the market everywhere. Let us read more about the Chinese scam and its horrors.
Who was responsible?
The scandal was first exposed on July 16 after sixteen babies were diagnosed with kidney stones in Gansu province. The babies were fed infant formula made by the Shijiazhuang-based Sanlu Group, which was then one of the country's leading infant formula manufacturers. After the initial focus on Sanlu, new state inspections revealed that the products of 21 other companies were also damaged, including those of Arla Foods: Mengniu, Yili, and Yashili.
Source of contamination
The World Health Organization (WHO) said that melamine can be found "in a variety of milk and dairy products in varying concentrations, from low ppb to ppm." One academic suggested that cyromazine, a long-standing melamine-derived pesticide in China, is absorbed as melamine in plants; therefore, it may have been present for a long time in products such as poultry, eggs, fish, and dairy products. It is not known in which supply chain the melamine was added to the milk. The chemical is not soluble in water and must be mixed with formaldehyde or another chemical before it can dissolve in milk.
What is melamine?
Melamine is used to make melamine-formaldehyde resin, a type of plastic known for its flame retardant properties and widely used in countertops, dryase boards, etc. It has also been used as non-protein nitrogen found in soybean meal, corn gluten meal, and cottonseed meal in livestock feed. Melamine is known to cause kidney failure and kidney stones in humans and animals when it reacts with cyanuric acid in the body. The use of melamine in food production is not approved by WHO or national authorities.
Who were the victims?
On September 17, 2008, Health Minister Chen Zhu stated that "more than 6,200 children have been diagnosed with contaminated milk formula and that more than 1,300, mostly newborns, remain in the hospital, 158 of whom suffer from acute kidney failure. " By September 23, around 54,000 children had been reported ill, four had died. As of September 27, 10,000 more cases had been reported in the provinces. A World Health Organization official said 82% of affected children were 2 years old or younger. The Hong Kong Center for Food Safety said 99 percent of the victims were under the age of 3. Ten children in Hong Kong were diagnosed with kidney problems, with at least four cases in Macau and six in Taiwan. The inhumane victims included a lion cub and two orangutan babies fed Sanlu infant formula at the Hangzhou Zoo. The government said on October 8 that it would stop publishing updated figures "because it is not a communicable disease, so it is not essential that we make it known to the public."
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