#Water-Based Adhesive Market Market Research

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Water-Based Adhesive Market Insights: Regional Analysis and Key Players

Water-Based Adhesive Market Growth Strategic Market Overview and Growth Projections

The global water-based adhesive market size was valued at USD 18.6 billion in 2022 and is projected to reach USD 35.0 billion by 2031, registering a CAGR of 7.3% during the forecast period (2023-2031).

The latest Global Water-Based Adhesive Market by straits research provides an in-depth analysis of the Water-Based Adhesive Market, including its future growth potential and key factors influencing its trajectory. This comprehensive report explores crucial elements driving market expansion, current challenges, competitive landscapes, and emerging opportunities. It delves into significant trends, competitive strategies, and the role of key industry players shaping the global Water-Based Adhesive Market. Additionally, it provides insight into the regulatory environment, market dynamics, and regional performance, offering a holistic view of the global market’s landscape through 2032.

Competitive Landscape

Some of the prominent key players operating in the Water-Based Adhesive Market are 

Henkel AG and Co. KGaA

3M Company

H.B. Fuller Company

Ashland Inc.

Avery Dennison Corporation

Bostik SA

Dow Inc.

Sika AG

Huntsman Corporation

PPG Industries, Inc.

BASF SE

Akzo Nobel N.V.

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The Water-Based Adhesive Market Research report delivers comprehensive annual revenue forecasts alongside detailed analysis of sales growth within the market. These projections, developed by seasoned analysts, are grounded in a deep exploration of the latest industry trends. The forecasts offer valuable insights for investors, highlighting key growth opportunities and industry potential. Additionally, the report provides a concise dashboard overview of leading organizations, showcasing their effective marketing strategies, market share, and the most recent advancements in both historical and current market landscapes.Global Water-Based Adhesive Market: Segmentation

The Water-Based Adhesive Market segmentation divides the market into multiple sub-segments based on product type, application, and geographical region. This segmentation approach enables more precise regional and country-level forecasts, providing deeper insights into market dynamics and potential growth opportunities within each segment.

By Resin Type

PVA Emulsion

PAE

VAE Emulsion

SB Latex

PUD

VAA

By Application

Tapes and Labels

Paper and Packaging

Woodworking

Building and Construction

Automotive

Stay ahead of the competition with our in-depth analysis of the market trends!

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Market Highlights:

A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.

But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.

Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2032, using CAGRs (compound annual growth rates)

Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.

Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.

Goals of the Study

What is the overall size and scope of the Water-Based Adhesive Market market?

What are the key trends currently influencing the market landscape?

Who are the primary competitors operating within the Water-Based Adhesive Market market?

What are the potential growth opportunities for companies in this market?

What are the major challenges or obstacles the market is currently facing?

What demographic segments are primarily targeted in the Water-Based Adhesive Market market?

What are the prevailing consumer preferences and behaviors within this market?

What are the key market segments, and how do they contribute to the overall market share?

What are the future growth projections for the Water-Based Adhesive Market market over the next several years?

How do regulatory and legal frameworks influence the market?

About Straits Research

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

Contact Us

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Specialty Fertilizers Market Industry Outlook: Forecasting Market Trends and Growth for the Coming Years

Latest Research Report on “Specialty Fertilizers Market” | Survey with Valuable Insights

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

According to Straits Research, the global Specialty Fertilizers Market market size was valued at USD 31.46 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 47.15 Billion by 2031, growing at a CAGR of 4.61% during the forecast period (2023–2031). The report places particular emphasis on the Industrial Adhesive market, examining its overall size, segment size (including product type, application, and geography), competitive landscape, current status, and development trends. It also offers strategic insights for companies to navigate the challenges posed by COVID-19.

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TOP Key Industry Players of the Specialty Fertilizers Market

Nutrien Limited

EurochemGroup AG

The Mosaic Company

Israel Chemicals Ltd

Yara International ASA

Haifa Chemicals Ltd

Sociedad Quimicay Minera de Chile

CF Industrial Holdings Inc

Coromandel International Ltd

EverrisNA Inc

Compo Expert GmbH

Specialty Fertilizers Market Segmental Analysis

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

By Type

Controlled-release Fertilizers

Slow-release Fertilizers

Micronutrient Fertilizers

Customized Fertilizers

Water-soluble Fertilizers

Other Fertilizers

By Applications

Soil

Foliar

Fertigation

Other Applications

By Crop Type

Grains and Cereals

Oil Seeds and Pulses

Commercial Crops

Fruits and Vegetables

Other Crop Types

You can check In-depth Segmentation from here: @ https://straitsresearch.com/report/specialty-fertilizers-market/request-sample

Regional Analysis Specialty Fertilizers Market

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

New Additions in the 2024 Report:

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

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

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

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

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

Key Highlights

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

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

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

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

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

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

Reasons to Purchase This Report:

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

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

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

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

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

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About Straits Research

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

Contact Us

Email: sales@straitsresearch.com

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

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Dimethyl Carbonate Market Analysis, Trends and Dynamic Demand by Forecast 2024 to 2034

Dimethyl Carbonate (DMC) is an organic compound with the chemical formula C3H6O3C_3H_6O_3C3​H6​O3​. It’s a colorless, flammable liquid that is commonly used as a solvent and intermediate in chemical reactions. DMC is environmentally friendly due to its low toxicity and biodegradability.

The Dimethyl Carbonate Market  is projected to grow at a compound annual growth rate (CAGR) of 6.5% from its estimated USD 1.2 billion in 2022 to USD 2.2 billion by 2030. Dimethyl carbonate (DMC) is a colorless liquid organic solvent. DMC enables the production of polycarbonates, which are robust, transparent plastics with excellent heat resistance. Additionally, it can be utilized to create agricultural insecticides. Dimethyl carbonate has greater potential applications in the detergent, paint and coating, and pharmaceutical industries because of its poor water solubility (0.002 percent). 

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Key Applications of Dimethyl Carbonate Market

Solvent: DMC is widely used as a solvent in paints, coatings, and adhesives due to its quick evaporation and high solvency power.

Battery Electrolyte: The lithium-ion battery industry uses DMC as an electrolyte solvent, essential for the battery's functionality, particularly in the electric vehicle (EV) market.

Pharmaceuticals and Agrochemicals: DMC serves as an intermediate in the synthesis of active ingredients for pharmaceuticals and pesticides.

Polycarbonate Production: DMC is used as a raw material in the production of polycarbonate plastics, which are in demand for their durability and clarity in applications like automotive parts, electronics, and construction materials.

Dimethyl Carbonate Market Drivers

Growth in the Electric Vehicle Market: The demand for lithium-ion batteries, especially in EVs, is a significant driver for the DMC market.

Sustainability: Increasing preference for sustainable chemicals and environmentally friendly solvents is boosting DMC adoption.

Expansion in the Paints and Coatings Industry: Growing construction and automotive industries drive demand for coatings and paints, thereby increasing DMC demand as a solvent.

Pharmaceutical and Agrochemical Growth: With the rise in global agricultural needs and healthcare advancements, DMC is seeing increased use in both sectors.

Dimethyl Carbonate Market Key Challenges

Regulatory and Safety Concerns: Strict regulations concerning the storage and handling of DMC due to its flammability may pose a challenge for market growth.

Supply Chain Volatility: Dependence on raw materials and energy costs can create fluctuations in DMC pricing and availability.

Competition from Alternatives: While DMC is eco-friendly, there are other solvents and compounds that can serve similar purposes, which may affect DMC’s market penetration.

Dimethyl Carbonate Market Future Trends

Technological Advancements: Innovations in DMC production methods are likely to reduce costs and improve production efficiency, enhancing market growth.

Increased EV Adoption: With the EV sector projected to grow, the need for lithium-ion batteries will boost the demand for DMC as an electrolyte solvent.

Bio-Based DMC: The development of bio-based DMC could appeal to environmentally conscious manufacturers and consumers, promoting further growth in the market.

Key companies profiled in this research study are,

Global key players of Dimethyl Carbonate Market include Shandong Shida Shenghua Chemical Co., Ltd., KOWA American Corporation, UBE Industries, Tokyo Chemical Industry Co., Ltd., Merck KGaA, Arrow Chemical Group Corp., HaiKe Chemical Group Ltd., Alfa Aesar, Tangshan Chaoyang Chemical Co., Ltd., and Hefei TNJ Chemical Industry Co., Ltd., and others.

Dimethyl Carbonate Market Segmentation,

On the basis of grade, the Dimethyl Carbonate Market is bifurcated into:

• Industry grade

• Pharmaceutical grade

• Battery grade

• others

On the basis of application, the market is segmented into:

• polycarbonate synthesis

• battery electrolyte

• solvents

• reagents

• others

On the basis of end-user, the market segmented into:

• plastics

• paints and coating

• pharmaceutical

• battery

• agrochemicals

• Others

Regional Analysis

Asia-Pacific: Leading market region, driven by strong production capabilities, particularly in China, and demand from industries like automotive and electronics. The region benefits from an established manufacturing infrastructure and cost-effective production.

North America and Europe: Markets are primarily driven by environmental regulations and the demand for greener alternatives in the chemicals and plastics industries.

Rest of the World: Latin America, the Middle East, and Africa are emerging markets with increasing adoption of EVs and developments in industrial sectors.

Conclusion

The Dimethyl Carbonate (DMC) Market is poised for significant growth, fueled by its versatility, eco-friendly profile, and rising demand across various high-growth industries. As electric vehicles become more widespread, and the demand for sustainable chemicals in paints, coatings, and pharmaceuticals increases, DMC's market presence is likely to expand. Although challenges such as regulatory compliance and raw material supply exist, advancements in production technology and the development of bio-based DMC are expected to drive further opportunities. Overall, DMC’s role as a safer, greener alternative positions it as a valuable component in the future of chemical and materials innovation.

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Innovation & Trends Shaping the Future of Stadium Seating Market

The growing popularity of sports events, concerts, and large-scale entertainment gatherings has led to a surge in the demand for stadium seating. Cities and countries across the globe are competing to host these high-profile events, prompting an increase in rising expenditure on stadium infrastructure. With increased investment in stadium infrastructure, the focus is on creating innovative, adaptable, and sustainable seating solutions that enhance the overall stadium seating experience. In response to this rising sports culture, the Global Stadium Seating Market is likely to grow with a CAGR of 2.41% in the forecast period 2024-2032.

Stadium Seating Market: Growth Potential in North America

Our research states that the North America Stadium Seating Market is estimated to gain revenue at a CAGR of 2.11%, thereby becoming the largest region over the forecast years 2024-2032. Improved economic conditions in this region have increased spending on entertainment, driving investments in sports infrastructure, particularly stadium seating. Major upcoming events like the FIFA World Cup 2026, hosted in 16 cities, are pushing demand for ergonomic and adaptable seating designs that enhance comfort and extend stadium lifespan.

Additionally, the T20 Cricket World Cup in June 2024 has further boosted this market. New York’s cricket stadium was repurposed for $30 million, underscoring the need for specialized infrastructure to accommodate the unique shape of cricket grounds. With millions of American cricket fans, modifying venues with dedicated seating is essential, contributing to ongoing market growth.

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Stadium Seating Market: Notable Advancements by Market Contenders

In response to changing audience expectations, stadium seating companies are investing heavily in research and development to innovate and create state-of-the-art seating solutions. Amidst rising expenditure on stadium infrastructures, the demand for flexible, comfortable, and eco-friendly seating solutions is also growing.

Consequently, the stadium seating market is experiencing a wave of innovation as companies develop new product lines and focus on sustainability. Here are some of the latest examples of stadium seating companies and their efforts to create innovative and eco-friendly seating solutions.

Camatic Seating, an Australian company, has been expanding globally with a focus on innovative seating designs. Its expertise lies in integrating comfort, flexibility, and eco-conscious materials into its product lines.

In its product line, ‘Quantum Series’ is a versatile seating option that can be adapted for different stadium configurations. The seats are built with high-density, recycled plastic and feature foldable and retractable designs, providing stadiums with flexible seating solutions that cater to a variety of events.

By incorporating solar-powered seating systems and LED lighting solutions, Camatic has helped Optus Stadium in Australia to reduce its overall energy consumption by 30%, showcasing the effectiveness of sustainable design in stadium seating construction.

Similarly, Avant Seating Systems, an emerging company known for its focus on luxury and sustainable stadium seating solutions, offers ‘LuxEvo’, which is designed with the modern fan in mind. This innovation offers features such as climate control, built-in massage options, and smart touchscreens for accessing live event data. These seats also incorporate a lightweight, foldable design that makes them ideal for retractable seating systems.

It has adopted sustainable manufacturing techniques, including the use of reclaimed wood, recycled metals, and organic fabrics for its seats. The company’s facilities also utilize water-based adhesives and coatings to minimize chemical waste.

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Green Initiatives and Eco-Friendly Seating Solutions

As the global focus shifts toward sustainability, stadium seating companies are prioritizing eco-friendly materials and designs that minimize waste. One of the most significant innovations is the use of recycled materials in seat production. Some stadiums are now using seats made from recycled plastics and other sustainable materials, reducing the environmental impact and promoting the concept of a circular economy.

Another innovative approach is the integration of solar technology into seating designs. Solar-powered seats equipped with small panels can generate electricity for charging devices or powering smart features within the stadium.

In line with sustainable practices, modular and reusable seating systems have become popular. These systems allow for efficient setup, breakdown, and reconfiguration, minimizing waste and the need for new materials. Thus, the stadium seating market is at the forefront of innovation, combining technology, sustainability, and adaptability to meet the changing needs of sports fans and event organizers. By designing seats that can be disassembled and reused for different events, stadiums can reduce their carbon footprint and contribute to a more eco-conscious sports industry.

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FAQs:

Q.1) How is seating capacity determined?

Answer: As a general guideline for calculating seating capacity, you can estimate a minimum of one person for every 18 square feet of dining area.

Q.2) What stadium can seat the most?

Answer: The Rungrado 1st of May Stadium, situated in Pyongyang, North Korea, is the largest stadium in the world. It boasts a seating capacity of 150,000 and covers a total floor area exceeding 2.2 million square feet.

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Synthetic Wax Market Overview: Growth Factors and Future Trends (2023-2032)

The global demand for synthetic wax was valued at USD 9515.8 Million in 2022 and is expected to reach USD 14603.8 Million in 2030, growing at a CAGR of 5.5% between 2023 and 2030

Synthetic wax is a man-made material designed to replicate the properties of natural waxes. It is produced through chemical processes such as polymerization, which creates waxes from petroleum-based feedstocks, ethylene, or other chemical compounds. Synthetic waxes are highly versatile and can be engineered to have specific characteristics such as melting point, hardness, and molecular weight, making them ideal for a wide range of applications. They are commonly used in industries like cosmetics, coatings, adhesives, plastics, and packaging, where they serve as lubricants, binding agents, and water repellents. Synthetic waxes offer several advantages over natural waxes, including consistent quality, greater availability, and tailored performance. They also exhibit enhanced stability and are often more cost-effective, making them a preferred choice in many industrial processes. Additionally, the ability to modify their properties makes synthetic waxes suitable for specialized applications where natural waxes may not perform as effectively.

The key findings of the study on the synthetic wax market highlight several important trends, drivers, and challenges that are shaping the industry. These findings include:

1. Growing Demand in Various Industries

The synthetic wax market is experiencing robust growth, driven by increased demand across diverse industries such as cosmetics, packaging, coatings, adhesives, and plastics. Synthetic waxes are preferred for their versatility and ability to provide consistent performance, which makes them ideal for applications ranging from personal care products to industrial lubricants.

2. Advantages Over Natural Waxes

Synthetic waxes offer several advantages over natural waxes, including greater availability, consistent quality, and customizable properties. These factors make synthetic waxes more desirable in industries where performance consistency and the ability to meet specific product requirements are critical. Additionally, synthetic waxes are less affected by the price volatility and supply limitations associated with natural waxes.

3. Increased Use in Cosmetics and Personal Care

The cosmetics and personal care industry is one of the largest consumers of synthetic waxes. The rising demand for beauty products, skincare, and haircare items, particularly those with enhanced texture, smoothness, and stability, is fueling the growth of the synthetic wax market. Synthetic waxes are used in products like lipsticks, lotions, and balms to provide desirable texture and water-resistant properties.

4. Environmental Concerns Driving Innovation

While synthetic waxes are petroleum-based, there is a growing focus on developing eco-friendly alternatives due to increasing environmental concerns. Manufacturers are investing in research and development to produce biodegradable synthetic waxes and more sustainable production methods, aiming to reduce the environmental footprint of synthetic waxes and meet the rising demand for green products.

5. Rising Adoption in Packaging

Synthetic waxes are increasingly being used in the packaging industry, especially for coatings and adhesives. They provide water resistance, enhance gloss, and improve the durability of packaging materials. The shift toward sustainable packaging solutions is also leading to the development of waxes that are compatible with environmentally friendly packaging materials.

6. Asia-Pacific Leading Market Growth

The Asia-Pacific region is the largest and fastest-growing market for synthetic waxes, driven by rapid industrialization, rising disposable incomes, and expanding manufacturing sectors in countries like China, India, and Japan. The region’s growing demand for cosmetics, packaging, and automotive products is significantly contributing to the market's expansion.

7. Technological Advancements in Production

Advances in production technologies, particularly in polymerization processes, are allowing manufacturers to develop more specialized and high-performance synthetic waxes. These advancements are helping to meet the evolving needs of end-user industries, especially in high-demand sectors like automotive, paints and coatings, and electronics.

8. Fluctuating Raw Material Prices

One of the challenges facing the synthetic wax market is the fluctuating cost of raw materials, particularly petroleum-derived feedstocks. Price volatility in the oil and gas sector can impact the cost of producing synthetic wax, creating challenges for manufacturers in maintaining stable profit margins.

9. Increased Focus on High-Performance Applications

The market is witnessing a growing demand for high-performance synthetic waxes in specialized applications, such as in the electronics and automotive sectors. These waxes provide specific properties like higher melting points, enhanced lubrication, and thermal stability, which are crucial in high-tech industries.

10. Rising Competition and Market Fragmentation

The synthetic wax market is becoming increasingly competitive, with a mix of global and regional players competing for market share. While large multinational companies dominate, local manufacturers in regions like Asia-Pacific are expanding their presence, leading to increased market fragmentation and competition in pricing, product offerings, and innovation

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Key Players

Clariant AG

BASF SE

Sasol

Evonik Industries AG

Honeywell International Inc

The Lubrizol Corporation

Dow

Westlake Chemical Corporation

Mitsui Chemicals Inc

The International Group Inc

Others

The synthetic wax market presents several growth opportunities driven by technological advancements, evolving consumer demands, and industry shifts. Key growth opportunities in the synthetic wax market include:

1. Rising Demand in Cosmetics and Personal Care Products

The growing global demand for beauty and personal care products, especially in emerging markets, presents a significant opportunity for synthetic wax manufacturers. Synthetic waxes are widely used in formulations of skincare, haircare, and color cosmetics (e.g., lipsticks, lotions, creams) due to their ability to enhance product texture, stability, and water resistance. As the demand for innovative and long-lasting cosmetic products increases, there is a growing opportunity for manufacturers to develop new synthetic wax formulations that meet these consumer needs.

2. Sustainability and Eco-Friendly Products

There is a strong market opportunity for the development of eco-friendly and biodegradable synthetic waxes as environmental concerns and consumer preferences for sustainable products grow. Companies can capitalize on this trend by investing in research and development to create synthetic waxes with lower environmental impact, such as those made from bio-based or renewable resources. This would cater to industries like packaging, cosmetics, and coatings, where sustainability is becoming a major selling point.

3. Expanding Applications in Packaging

The packaging industry is a significant growth driver for synthetic waxes, particularly in the development of water-resistant and durable packaging materials. Synthetic waxes are increasingly being used as coatings for paper, cardboard, and other packaging materials to enhance their protective qualities and extend their lifespan. With the rising demand for sustainable packaging solutions, synthetic waxes that are compatible with biodegradable or recyclable packaging materials represent a promising opportunity for market growth.

4. Growth in the Industrial Sector

The industrial sector, including applications in paints, coatings, and adhesives, offers substantial growth opportunities for synthetic waxes. Synthetic waxes are used to improve the performance characteristics of industrial products, such as enhancing surface protection, reducing friction, and providing water resistance. The demand for high-performance materials in sectors like automotive, construction, and electronics continues to grow, offering manufacturers an opportunity to expand their market share by providing specialized synthetic wax solutions tailored to these industries.

5. Technological Advancements in Polymerization Processes

Advances in polymerization and other production technologies offer significant growth opportunities by enabling the development of more customized and high-performance synthetic waxes. These innovations allow manufacturers to create waxes with specific properties such as controlled melting points, hardness, and solubility, which are ideal for specialized applications. This opens opportunities in niche markets such as electronics, 3D printing, and medical devices, where precise material properties are essential.

6. Expanding Opportunities in the Automotive Industry

The automotive industry offers growth potential for synthetic waxes, particularly in surface protection applications, paints, and coatings. Synthetic waxes are used in car polishes, protective coatings, and lubricants to provide a high-quality finish and protection against weather and corrosion. As the automotive industry shifts toward more sustainable and durable materials, synthetic waxes that offer enhanced performance and environmental benefits will see increasing demand.

7. Emerging Markets in Asia-Pacific and Latin America

Emerging economies, particularly in Asia-Pacific and Latin America, offer significant growth opportunities for synthetic wax manufacturers. Countries like China, India, Brazil, and Mexico are experiencing rapid industrialization and urbanization, leading to increased demand for cosmetics, packaging, automotive products, and other synthetic wax applications. As disposable incomes rise and manufacturing activities expand in these regions, synthetic wax producers can benefit from expanding their presence in these high-growth markets.

8. Increasing Use in 3D Printing

The growing adoption of 3D printing across industries such as healthcare, aerospace, and manufacturing presents a unique opportunity for synthetic wax producers. Synthetic waxes are used in certain 3D printing technologies, such as wax-based printing, where they serve as casting materials or support structures. As 3D printing continues to grow in both industrial and consumer applications, the demand for high-performance synthetic waxes tailored to additive manufacturing processes is expected to increase.

9. Growing Need for Energy-Efficient Solutions

As industries look for more energy-efficient manufacturing processes, synthetic waxes that can enhance the energy efficiency of coatings, adhesives, and other industrial applications present growth opportunities. For instance, synthetic waxes that improve the insulating properties of coatings or reduce energy consumption in production processes are gaining traction. Companies that can develop synthetic wax solutions with energy-saving benefits will be well-positioned to meet the demands of eco-conscious industries.

10. Customization and Specialty Products

There is a growing demand for specialty synthetic waxes that cater to specific applications and performance needs. Manufacturers that can offer customized wax formulations for niche industries such as pharmaceuticals, textiles, and electronics have the opportunity to capture new market segments. This customization includes developing synthetic waxes with unique properties, such as enhanced thermal resistance, greater flexibility, or compatibility with specific chemicals, which are not achievable with natural waxes.

Segmentation

By Type of Synthetic Wax

Polyethylene (PE) Wax

Polypropylene (PP) Wax

Oxidized Polyethylene (OPE) Wax

Fischer-Tropsch (FT) Wax

Montan Wax Substitute

Polyethylene Glycol (PEG) Wax

By Application

Plastics Processing

Coatings and Inks

Adhesives and Sealants

Personal Care and Cosmetics

Textiles and Fibers

Candles

By End-Use Industry

Manufacturing

Consumer Goods

Pharmaceutical and Healthcare

Automotive

Textiles and Paper

Food and Beverage

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Modified Starch Market Size and Regional Outlook Analysis, 2030

The global modified starch market size is predicted to reach USD 18.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. The market is anticipated to expand significantly during the forecast period due to its use in a variety of applications such as paper, food and beverage, pharmaceuticals, textiles, and other applications like biodegradable polymers, coatings, and adhesives. Growing concern about health and nutrition, as well as a shift toward a healthier diet, are likely to be major factors driving the market.

The product penetration will rise over the forecast period as the demand for organic sweeteners in non-carbonated soft drinks and energy drinks rises. In order to produce efficient water-soluble modified starches, companies are investing more in research and development, which has created dynamic market conditions. Product innovation has significantly increased recently in order to access markets and reap strategic advantages. As a result, businesses have integrated and diversified their product portfolios to increase their presence throughout the value chain.

Gather more insights about the market drivers, restrains and growth of the Modified Starch Market

Detailed Segmentation:

Product Insights

In 2021, the starch esters and ethers segment led the market with a revenue share of over 30% owing to their ability to improve food texture and shelf life. These products are expected to see increased consumption in bakery, convenience, and dairy foods. The segment will also benefit from a positive outlook in the food and beverage industries in China and India. These developing markets are also expected to see substantial growth in the pharmaceutical industry, as consumer demand for advanced medicines rises, propelling product demand over the forecast period.

Material Insights

The cassava segment is expected to expand at a CAGR of 6.3% between 2022 and 2030. Confectionery, adhesives, food and beverage, pharmaceuticals, building materials, and textiles all require intensive use of starch. The product's growth is primarily driven by properties such as stability and high paste clarity. Corn accounted for the highest revenue share of over 81% in 2021 due to its widespread availability and high demand. It is widely used to thicken liquid-based food products like gravies, puddings, sauces, soups, and custards. Corn starch is versatile, can be easily modified, and has many industrial applications, including anti-sticking agents and adhesives in the papermaking industry. It is also used in the production of textiles, as well as the production of sugars and corn syrups.

Function Insights

The thickeners segment led the global market in terms of revenue in 2021 with a market share of over 50%. As a thickening agent, modified starch enhances the viscosity of any liquid without affecting its other properties significantly. It is frequently used in the food and beverage industry, particularly in puddings, sauces, soups, and gravies, without changing the taste, which will fuel product demand.

End-use Insights

The food and beverage segment accounted for the highest revenue share of over 45.0% in 2021 and is predicted to lead the market throughout the forecast period. Modified starches are excellent flavor carriers and may be added to ready-to-drink mixes. It adds a slight amount of viscosity for a silky texture in coffee, slushies, smoothies, and other beverages. When added to pasta, soup, and mayonnaise, it enhances the quality of such products in the baking industry. It is also very beneficial for emulsifying end-use products in a variety of industries, particularly those containing flavored oils.

Regional Insights

North America dominated the global market in 2021, accounting for more than 42% of the total revenue share. Rising consumer awareness of the health benefits of eating low-fat foods is expected to drive demand in the region, especially in the U.S., which is one of the largest producers of corn starch and corn globally. Furthermore, diverse applications of modified starch products, as well as innovation and new product development like Octenyl Succinic Anhydride (OSA), a widely utilized esterification agent, are propelling the market growth.

Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.

• The global soy flour market size was valued at USD 3.61 billion in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2030.

• The global grape seed extract market size was valued at USD 175.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030.

Key Companies & Market Share Insights

The modified starch market is moderately fragmented. International players in the market are focusing on implementing strategies in order to increase their market share. Some of the major players in the market include Archer Daniels Midland Company, Agrana Beteiligungs-AG, Emsland-Starle GmbH, Cargill, Inc., Global Bio-Chem Technology Group Co. Ltd., and others. Key players in the market enter into strategic partnerships, mergers & acquisitions, and joint ventures, and focus on research & development to launch innovative products to cater to the changing preferences of consumers around the world. For instance, in April 2021, Cargill Inc., partnered with Starpro, a major food-grade tapioca starch manufacturer in Thailand. The partnership is aimed to expand its tapioca starch products in the Asia Pacific as well as to support food manufacturers' product processing needs while also meeting consumers' sensory expectations. 

Some of the prominent players in the global modified starch market include:

• Emsland-Stärke GmbH

• Grain Processing Corporation

• Global Bio-Chem Technology Group Company Limited

• Ingredion Incorporated

• Roquette Frères

• ADM

• Agrana Beteiligungs AG

• Avebe U.A.

• Cargill, Incorporated

• Samyang Genex Corp.

• Beneo-Remy N.V.

• Siam Modified Starch Co., Ltd.

• China Essence Group Ltd.

• PT Budi Starch & Sweetener Tbk

• Tate & Lyle PLC

• ULRICK&SHORT

• KMC (Kartoffelmelcentralen) Amb

Modified Starch Market Segmentation

Grand View Research has segmented the global modified starch market based on product, material, function, end-use, and region:

Modified Starch Product Outlook (Revenue, USD Million, 2017 - 2030)

• Starch Esters & Ethers

• Resistant

• Cationic

• Pre-gelatinized

• Others

Modified Starch Material Outlook (Revenue, USD Million, 2017 - 2030)

• Corn

• Cassava

• Wheat

• Potato

• Others

Modified Starch Function Outlook (Revenue, USD Million, 2017 - 2030)

• Stabilizers

• Thickeners

• Emulsifiers

• Binders

• Others

Modified Starch End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Food & Beverage

• Animal Feed

• Paper

• Pharmaceuticals

• Textiles

• Others

Modified Starch Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Spain

o Italy

• Asia Pacific

o China

o India

o Japan

o Thailand

o Australia & New Zealand

• Central & South America

o Brazil

• Middle East & Africa

o South Africa

Order a free sample PDF of the Modified Starch Market Intelligence Study, published by Grand View Research.

[rupalic]

Technological Innovations in Agricultural Coatings: From Polymers to Bio-based Solutions

The agricultural coatings market refers to the industry involved in producing protective coatings for various agricultural applications. These coatings are designed to protect crops, equipment, and structures from environmental factors such as sunlight, moisture, and pests, as well as to enhance their durability and performance.

The agricultural coatings market size is expected to expand at a compound annual growth rate (CAGR) of 7.3% between 2021 and 2026, from an estimated $3.7 billion in 2021. It is anticipated that the global market would expand significantly, with a projected value of $5.3 billion by 2026.

How does precision agriculture utilize coating technology and release patterns in controlled-release fertilizers?

Precision agriculture takes a high-tech approach to growing crops. It uses specialized equipment and sensors to gather information about specific areas of a field. This allows farmers to tailor fertilizer and water application to the exact needs of each location, reducing waste and maximizing efficiency.

Precision agriculture works in three steps:

Data Collection: Sensors gather information about the field, including soil conditions and crop health.

Data Analysis: This data is then analyzed by computer systems to identify areas that need more or less water or fertilizer.

Resource Management: Based on the analysis, fertilizer and water application can be adjusted to optimize growth for each zone within the field.

This approach not only improves crop yields but also promotes sustainability. By using only the necessary resources, precision agriculture helps prevent nutrients from leaching out of the soil or accumulating in harmful concentrations.

Controlled-release fertilizers, which release nutrients slowly over time, are a key part of precision agriculture, especially for the fertigation method (applying fertilizer through irrigation systems). Information about the fertilizer’s release patterns and coating technology can be factored into the analysis, allowing for highly accurate recommendations for nutrient requirements, application rates, and mixing ratios within the fertigation system.

Factors Driving the Agricultural Coatings Market Growth

Increasing global population: With the world population steadily increasing, there’s a rising demand for food. Agricultural coatings help protect crops, enhance yields, and ensure food security by safeguarding against pests, diseases, and environmental stresses.

Need for higher crop yields: Farmers are under pressure to maximize their crop yields to meet the growing demand for food. Agricultural coatings can improve crop health, promote growth, and enhance productivity by protecting plants from adverse environmental conditions and optimizing growing conditions.

Rising awareness about sustainable agriculture: There’s a growing emphasis on sustainable agricultural practices to minimize environmental impact and conserve natural resources. Agricultural coatings play a role in sustainable agriculture by reducing the need for chemical pesticides and fertilizers, promoting water conservation, and improving soil health.

Advancements in coating technologies: Continuous advancements in coating technologies have led to the development of more effective and environmentally friendly agricultural coatings. New formulations with improved durability, adhesion, and resistance to environmental factors are driving market growth.

Expansion of precision farming techniques: Precision farming techniques, such as GPS-guided equipment and remote sensing technologies, are becoming more widespread. Agricultural coatings can complement these techniques by providing targeted protection to crops and optimizing input use efficiency.

Increasing investment in agricultural R&D: Governments, research institutions, and private companies are investing heavily in agricultural research and development (R&D) to address challenges such as climate change, resource scarcity, and food security. This investment is driving innovation in agricultural coatings, leading to the development of new products and solutions.

Know about the assumptions considered for the study: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84350079

North America Holds Largest Agricultural Coatings Market Share

The agricultural coatings industry in the region is being propelled by increasing demand for high-yielding, disease-resistant crops, both domestically and in export markets. North America predominantly cultivates cereals & grains, fruits, vegetables, oilseeds & pulses, and crops for non-food purposes. Cereals & grains such as wheat, rice, barley, corn, sorghum, and oats, which require substantial protection, are the primary crops grown in the region. Agriculture in North America is highly mechanized, supported by an integrated network of agribusinesses. While technology adoption is widespread among farmers and ranchers, some still employ animal power for cultivation. Monoculture is prevalent in North America, leading to nutrient depletion and increased susceptibility to plant diseases. This trend has prompted farmers to prioritize innovation for enhancing seed performance.

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Agricultural Coatings Industry News

In January 2020, Nutrien Ltd entered into an agreement with Agrosema (Brazil), which is an Ag retailer in the southern Brazilian crop input market, to provide new product offerings and solutions to Brazilian agricultural producers.

In November 2019, Precision Laboratories added a new seed coating polymer to the PRISM line—PrismSCP2020—designed to improve seed uniformity and treatment delivery

In July 2018, Heritage Colors, a subsidiary of Aakash Chemicals, expanded its production plant in Savannah, GA, which increased production capacities for the company’s existing successful water-based pigment dispersion portfolio.

In May 2018,   Clariant AG company launched a full range of Agrocer seed colorants in China. They were made available in both powder and pigment paste formats, including the six most common colors, and passed the seed safety test.

Top Agricultural Coatings Companies

BASF SE (Germany), Bayer AG (Germany), Clariant Technologies (Germany), Croda International Plc (UK), Sensient Technologies (US), Germains Seed Technology (UK), Milliken Chemical (US), Precision Laboratories (US), Pursell Agri-tech (US), Novochem Group (Netherlands), Dorfketal (India), Deltachem (Germany), Israel Chemicals Ltd (Israel), Arkema (France), SQM (Chile), Mosaic (US), Nutrien Ltd (Canada), Aakash Chemicals, Evonik Industries (Germany) and Encapsys LLC (US).

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How to Start a Wall Putty Plant - A Complete Setup Guide

Starting a wall putty plant can be a profitable business, especially with the increasing demand for high-quality wall putty in the construction industry. Wall putty is essential for prepping walls prior to painting, in order to achieve a durable and seamless outcome. This blog will guide you in establishing a wall putty manufacturing plant, including selecting suitable equipment, the production process, and entering a profitable market.

Step 1: Conduct Market Research

Prior to investing in a wall bag factory, it is crucial to comprehend the market demand in your region or country. Engaging in thorough market research will enable you to identify the demand for wall bags, your possible rivals, and various product categories. For instance, certain regions may opt for a white cement ulcer, while others may choose an acrylic ulcer. Having knowledge of these preferences will enable you to make well-informed choices.

Step 2: Create a Business Plan

After completing your market research, develop a detailed business plan. Make sure to maintain the same meaning and not add or remove any information.

Ensure that the paraphrased text is within the same context as the original text.

- Investment costs - Location selection - Target market - Marketing strategies - Financial projections

Your business plan will also act as a guide for establishing your wall putty plant, helping you remain efficient and reach your objectives.

Step 3: Location selection

Choosing the right location for your wall putty manufacturing plant is critical. The facility must be located in an area where infrastructure, utilities (electricity, water), and transportation facilities are available for the distribution of finished products Industrial areas are generally the best location due to for their services and proximity to suppliers.

Step 4: Equip your plant with the right tools

To make high-quality high-quality wall putty, you need to invest in the right equipment. In Readymix Construction Machinery Pvt. Ltd., we specialize in worldwide mechanical wall mould plants, including:

- Putty Mixers: These are used to mix the ingredients into a smooth paste. The mixture must be strong enough to handle large volumes to ensure uniform mixing. - Wall Putty Manufacturing Plant: This includes multiple machines like a ribbon blender, storage silos, packing machines, and conveyors. - Quality Control Equipment: Checking the quality of the product is essential. The testing equipment will help maintain the composition and consistency of each batch.

Step 5: Ingredient requirements

Some of the main types of wall bags are:

- White Cement: A base material for putty, providing strength and a smooth finish. - Mineral supplements: These help improve the work and texture of the putty. - Polymers and additives: These increase the adhesion and drying time of the putty, allowing the walls to bond better and dry evenly.

Make sure you have reliable suppliers of these items to ensure regularity.

Step 6: Production

The process of making wall bags involves several steps:

1. Weighing and Mixing: The ingredients are accurately weighed and placed in the putty mixer. Mixing is an important step, as it ensures an even distribution of all ingredients. 2. Blend: Use a ribbon blender or vertical blender to blend the ingredients together into a smooth, smooth paste. 3. Storage and Packing: Once the mixture is ready it is stored in silos before being packed into bags or jars for distribution. In this process, automatic packing machines can ensure efficiency and accuracy.

Step 7: Quality control

Quality control is important to ensure your wallpaper meets industry standards. Regular testing of the final product for accuracy, drying time and adhesion is essential to maintaining a good reputation in the market. A laboratory equipped for physical and chemical testing will help you with this.

Step 8: In Marketing Distribution

To successfully sell your wall bag, you need to invest in marketing strategies. Highlight your product’s features and benefits, such as its smooth, durable, and easy-to-use finish. You can target construction companies, designers, and hardware stores as potential customers.

Online platforms and social media can be used to expand your brand awareness. Attending construction shows and networking with architects and contractors will also help you find potential customers.

Step 9: Calculate costs

The total cost of setting up a wall bag manufacturing plant depends on various factors e.g.

- The size of the plant - Provision of cost of machinery and equipment - Buying raw materials - Labor and material costs

An average medium-sized wall bag factory can cost Rs 20 lakh to Rs 1 crore depending on the volume of production and equipment used It is important to have an adequate budget to cover and manage these costs manage your operating expenses.

Step 10: Legal Requirements

Before you start manufacturing, you need to register your business and obtain the necessary licenses. This may include:

- Business registration (LLP, Pvt. Ltd., etc.) - GST registration - Pollution control board clearance - Factory license

Make sure your product complies with all local regulations to avoid any future legal issues.

Step 11: Hiring skilled workers

Experienced employees are necessary to keep your wall pot business running smoothly. You will need to:

- Manufacturing equipment for the design process - Quality control personnel for testing and inspection - Conducting sales and marketing personnel to promote and distribute the product

Hiring skilled workers will help maintain product quality and ensure product quality.

conclusion

Starting a wall putty manufacturing plant can be a profitable venture if done right. After conducting market research, Readymix Construction Machinery Pvt. Ltd., and by following an established procedure, you can successfully set up your office and meet the growing demand for wall putty in the construction industry.

With proper planning and execution, your wall cylinder business can grow, delivering consistent profitability while meeting the needs of your target market.

--- .

Follow these steps and you’ll be well on your way to setting up a successful wall bag manufacturing business.Make sure to stay updated with the latest trends in the construction industry and continuously improve your production processes to stay competitive.

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Antifoaming Agent Market — Forecast(2024–2030)

Antifoaming Agent Market size is forecast to reach $10.13 billion by 2030 after growing at a CAGR of 4.1% during 2024–2030.

 Antifoaming agent is chemical additive that reduces the formation of foam in industrial process liquids. The growth of the market of antifoaming agent is expected to be driven by the high demand from the food and beverages industry. A prominent trend in the Antifoaming Agent market is the increasing demand for sustainable solutions. As industries prioritize environmental consciousness, there’s a growing interest in antifoaming agents derived from eco-friendly sources. Biodegradable and renewable antifoaming agents, often plant-based, are gaining traction. Manufacturers are investing in research to develop formulations that provide effective foam control while aligning with sustainability goals, catering to environmentally conscious industries like food and beverage, pharmaceuticals, and wastewater treatment. Another trend involves technological advancements for precise foam control. Industries such as manufacturing, oil and gas, and chemical processing are seeking antifoaming agents with improved efficiency and application precision. 

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Innovations include the development of smart or responsive antifoaming solutions that can adapt to varying foam challenges dynamically. Nanotechnology is being explored to enhance the efficiency of antifoaming agents. Nano-sized particles can offer improved dispersion and coverage, leading to enhanced foam control. This trend involves the development of nanomaterial-based antifoaming agents with higher surface area and reactivity. 

The incorporation of nanotechnology also contributes to reducing the overall dosage of antifoaming agents required for effective foam suppression. The use of antifoaming agents is expanding beyond traditional industries. There is a growing demand for these agents in cosmetic and personal care product formulations where controlling foam is crucial for product stability and quality. As consumers become more discerning about the ingredients in personal care items, the market for antifoaming agents in this sector is experiencing growth.

Antifoaming Agent Market Report Coverage

The report: “Antifoaming Agent Market -Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of antifoaming agent industry.

By Type: Water Based, Oil Based, Silicone Based, Alkyd Based, Polymer Based and Others

By Application: Adhesives, Coatings, Detergents, Wood Pulp, Food Processing, Wastewater Treatment and Others.

By End Use: Oil and gas, Paint and coatings, Food and Beverages, Pharmaceuticals, Textile, Pulp and Paper, Industrial and Others.

Geography: North America, South America, Europe, APAC, and RoW.

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Key Takeaways

• APAC dominates the antifoaming agent owing to increasing demand from Oil and gas sector.

• Continues expanding application of antifoaming agent will drive the growth of the market in the forecast period.

• The formation of foam in industrial process liquids as it has an affinity to the air-liquid surface will hinder the growth of the market in the forecast period.Antifoaming Agent Market Segment Analysis — By Type

Silicone based antifoaming agents held the largest share in the antifoaming agents market in 2023. Silicone based antifoaming agents have properties such as low surface tension, chemical inertness, thermal stability, and complete solubility in water. These antifoaming agents have heavy duty type and are suitable for neutralizing surface foam and to release the entrained air in non-aqueous foaming applications. Hence, they have been finding preferential application in crude oil refineries. Silicone based antifoaming agents contain less volatile organic compound due to the environmental regulation passed by the North America and Europe government. This antifoaming agents are high in demand as compared to other chemicals due to its optimal reactivity with process ingredients and long operation life. This factor will drive the growth of market of silicone based antifoaming agents in the forecast period.

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Antifoaming Agent Market Segment Analysis — By Application

Food Processing held the largest share in the antifoaming agents market in 2023. Food grade antifoaming agents are used to reduce and prevent foam formation. Foam is a byproduct formed during processing of food. It is also used in the fermentation process in breweries to drain out the foam and offer optimize efficiency. The food processing industry is a mature sector that is undergoing a tumultuous phase due to rising global demands for food safety, increasing food insecurity and increasing customer demand for higher quality and sustainability. Today’s food supply chain is more globalized, longer and more dynamic than ever before. With increasing imports and exports, processed foods rely on longer supply chains, which pose a major challenge to ensuring food safety.

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Antifoaming Agent Market Segment Analysis — By End Use

Pharmaceuticals sector held the largest share in the antifoaming agents market in 2023 with a share of 7.3%. Antifoaming agent are used for pharmaceutic fermentation in antibiotics and enzymes. Among these the growing and aging population, rising prevalence of chronic diseases are major drivers in the growth of pharmaceutical sector globally. In the United States, overall spending growth in pharmaceutical is driven by a range of factors including new product uptake and brand pricing, while it is offset by patent expiries and generics. Pharmaceutical spending in China reached $7.1 billion in 2023. These factors will drive the growth of the market of pharmaceuticals in the forecast period.

The 2019–2020 coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. As the pandemic has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business. The current epidemic outbreak has deeply influenced consumers’ daily life and in addition to the impact on pharmaceutical sector. About 90% of the needs of antibiotic makers in globally is fulfilled by China. Raw materials from China are used in making antibiotics, paracetamol, and diabetes and cardiovascular drugs, among others are not exported. This factor will hinder the growth of market for this year. But after the situation became normal it will grow at a steady rate in the forecast period.

Antifoaming Agent Market Segment Analysis — By Geography

APAC dominates the antifoaming agents market with a share of 48% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth the oil and gas sector. Antifoaming agent are used in crude oil refinery as it helps in reducing frothy crude oil production by eliminating foam from tanks or gas scrubbers. The oil and gas sector plays a major role in influencing decision making for all the other important sections of the economy. According to the trade map the total export of light crude oil globally in the year 2023 was 102.2 mb/d. This factor will drive the growth of the market of oil and gas sector in the forecast period.

Antifoaming Agent Market Drivers

High demand of crude oil across the world will drive the growth in the forecast period

High demand of crude oil across the world is expected to drive the global antifoaming agent’s market growth. However, other non-renewable energy resources are not capable of fulfilling the growing demand. Oil and gas is one of the largest energy resources in the world; hence, it becomes essential to use and distribute crude oil in the productive and efficient way. This factor will drive the growth of market in the forecast period.

Rise in the Paint and coatings sector will drive the growth of market in the forecast period

The coatings industry is one of the most heavily regulated industries in the world, so producers have been forced to adopt low-solvent and solvent less technologies in the past 40 years, and will continue to do so. The number of coatings producers is large, but most are regional producers. This factor will drive the growth of market in the forecast period.

Antifoaming Agent Market Restriction

Hike in the crude prices will hamper the growth of the market in the forecast period

Tremendous hike in the crude prices and global recession will hinder the growth of the market. This was on the back of a deepening slowdown in the world economy as the outbreak of novel coronavirus has spread across the globe and a price war between major oil producing countries like Saudi Arabia, Iran and Russia. These factor will hinder the growth of the market in the forecast period.

Antifoaming Agent Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the antifoaming agents market. Major players in the antifoaming agents market are BASF, Evonik Industries, Air Products and Chemicals, Inc., Wacker Chemie AG, DOW Corning Corporation, and Others.

Acquisitions/Technology Launches/ Product Launches

In Oct 2023, Evonik Launches New Defoaming Agent that Combines the Best Properties of Silicone and Bio-Based Materials. The new product is targeted at water-based ink and coating applications, uses a unique new mixing technology, contains more than 50% bio-based materials in the solid content, and complies with multiple food contact regulations.

• In May 2023, Jio-bp launches new diesel that offers saving of Rs 1.1 lakh per truck annually. It is designed to work across a range of commercial vehicles, and with ongoing use it offers a variety of benefits to drivers and fleet owners. It contains an anti-foam agent that helps deliver cleaner, faster, and safer refuelling, so trucks can spend more time on the road and less time at the pump.

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Global Low VOC Adhesives Market Overview : Size, Share, and Future Trends Forecast

Global Low VOC Adhesives Market Industry ,Trends & Analysis

The Low VOC Adhesives Market research report offers an in-depth analysis of market dynamics, competitive landscapes, and regional growth patterns. This comprehensive report provides businesses with the strategic insights necessary to identify growth opportunities, manage risks, and develop effective competitive strategies in an ever-evolving market.

According to Straits Research, the global Low VOC Adhesives Market market size was valued at USD 51.96 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 87.71 Billion by 2031, growing at a CAGR of 5.99% during the forecast period (2023–2031).

Request a Sample Report Today @ https://straitsresearch.com/report/low-voc-adhesives-market/request-sample

Global Low VOC Adhesives Market Segmental Analysis

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

By Technology

Water-Based

Hot Melt

Pressure Sensitive

Reactive

By Resin

Polyvinyl Acetate

Acrylic

Polyurethane

Ethylene-Vinyl Acetate

Epoxy

Styrenic Block Copolymer

Others

By End-User

Paper and Packaging

Building and Construction

Furniture

Automotive and Transportation

Leather and Footwear

Consumer and DIY

Medical Devices

Others

You can check In-depth Segmentation from here @ https://straitsresearch.com/report/low-voc-adhesives-market/toc

Why Invest in this Report?

Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.

Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.

Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.

Gain Insight into Competitors' Financial Metrics: Acquire detailed insights into competitors' financial performance, including sales, revenue, and profitability metrics.

Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.

Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.

List of Top Leading Players of the Low VOC Adhesives Market -

3M

Henkel

Sika

H.B. Fuller

Arkema (Bostik)

Dow

Mapei

Chemence

Infinity Bond

Parker LORD

PPG Industries

Beacon Adhesives

Dymax

Huntsman International

Ashland

Delo

DuPont

Reasons to Purchase This Report:

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

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

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

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

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

Regional Analysis Low VOC Adhesives Market

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

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About Straits Research

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

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Email: sales@straitsresearch.com

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

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Epoxy Resins Market Growth Forecast: From $10.5 Billion in 2020 to $21.87 Billion by 2031

Epoxy resins are versatile thermosetting polymers with a wide range of applications due to their excellent mechanical properties, chemical resistance, and adhesion. These resins play a crucial role in various industries, including construction, automotive, aerospace, and electronics. The epoxy resins market has seen substantial growth over the years, driven by advancements in technology and increasing demand across diverse sectors.

The global epoxy resins market is estimated to flourish at a CAGR of 6.9% from 2021 to 2031. Transparency Market Research projects that the overall sales revenue for epoxy resins is estimated to reach US$ 21.87 billion by the end of 2031. The growing use of epoxy resins in medical devices, dental materials, and pharmaceutical packaging emerges as an unseen driver. Epoxy's biocompatibility and resistance make it a valuable material in healthcare applications.

The rising emphasis on renewable energy sources drives demand for epoxy resins in wind turbine blades and solar panel components. Epoxy's strength and durability contribute to the reliability of these critical components. Epoxy resins gain popularity in artistic and craft sectors, with resin-based art projects and DIY applications on the rise.

For More Details, Request for a Sample of this Research Report: https://www.transparencymarketresearch.com/epoxy-resins-market.html

Market Segmentation

By Service Type

Formulation Services: Involves the customization of epoxy resin formulations to meet specific industry requirements.

Application Services: Encompasses the application of epoxy resins in various sectors such as construction and manufacturing.

By Sourcing Type

Primary Production: Direct production of epoxy resins from raw materials.

Recycled Resins: Reuse of epoxy resin products to create new formulations.

By Application

Construction: Used in adhesives, coatings, and flooring.

Automotive: Employed in parts and components for improved durability and strength.

Aerospace: Utilized in composites for lightweight and high-strength materials.

Electronics: Found in circuit boards and encapsulation.

Marine: Applied in boat building and maintenance due to its water-resistant properties.

By Industry Vertical

Construction & Infrastructure

Automotive

Aerospace & Defense

Electronics

Marine

Others (e.g., industrial coatings, sports equipment)

By Region

North America: Dominates the market due to advanced industrial sectors and high demand in aerospace and automotive industries.

Europe: Significant growth driven by the construction and automotive sectors.

Asia-Pacific: Fastest-growing region, with increasing industrial activities and rising infrastructure development.

Latin America: Emerging market with growing investments in construction and automotive industries.

Middle East & Africa: Gradual growth due to expanding industrial applications and infrastructure projects.

Regional Analysis

North America: The market is characterized by high demand for epoxy resins in aerospace, automotive, and construction sectors. The U.S. is a major contributor to this region’s growth due to its robust industrial base.

Europe: The European market benefits from technological advancements and stringent regulations promoting the use of high-performance materials. Countries like Germany and France are key players.

Asia-Pacific: The region is expected to witness the highest growth due to rapid industrialization, urbanization, and infrastructure development. China and India are major contributors to this growth.

Latin America: The market is expanding with increased investments in construction and automotive sectors, especially in countries like Brazil and Mexico.

Middle East & Africa: The growth is driven by infrastructure projects and increasing adoption of epoxy resins in industrial applications.

Market Drivers and Challenges

Drivers:

Technological Advancements: Innovations in resin formulations and processing techniques enhance performance and broaden applications.

Growing Construction and Infrastructure Activities: Rising urbanization and infrastructure development increase demand for epoxy-based products.

Expansion in Automotive and Aerospace Industries: High-performance requirements drive the use of epoxy resins in these sectors.

Challenges:

Volatility in Raw Material Prices: Fluctuations in the cost of key raw materials impact production costs and market stability.

Environmental Concerns: Increasing scrutiny on the environmental impact of epoxy resins and regulatory pressures for sustainable practices pose challenges.

Market Trends

Shift Towards Eco-friendly Resins: Growing emphasis on sustainable and bio-based epoxy resins to reduce environmental impact.

Advancements in Epoxy Resin Technology: Development of high-performance, lightweight, and durable resins for specialized applications.

Increased Adoption in Emerging Markets: Expanding industrial activities in developing regions drive demand for epoxy resins.

Future Outlook

The epoxy resins market is expected to continue its upward trajectory, supported by ongoing technological innovations and increasing demand across various sectors. The emphasis on sustainability and eco-friendly products will likely shape future developments in the industry. Companies are anticipated to focus on enhancing the performance characteristics of epoxy resins and expanding their applications in emerging sectors.

Key Market Study Points

Analysis of market trends and growth drivers.

Evaluation of regional market dynamics and key players.

Assessment of technological advancements and their impact on the industry.

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Competitive Landscape

The epoxy resins market is competitive, with key players including:

BASF SE

Hexion Inc.

Dow Chemical Company

SABIC

Huntsman Corporation

These companies are engaged in strategic initiatives such as mergers and acquisitions, partnerships, and technological innovations to strengthen their market position and address evolving customer needs.

Recent Developments

Product Innovations: Introduction of advanced epoxy resins with improved properties for specialized applications.

Sustainability Initiatives: Increased focus on developing eco-friendly and recyclable epoxy resins to meet environmental regulations.

Expansion Strategies: Companies expanding their production capacities and geographic presence to cater to growing market demands.

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Industrial Coatings Market Dynamics, Top Manufacturers Analysis, Trend And Demand, Forecast To 2030

Industrial Coatings Industry Overview

The global industrial coatings market size was valued at USD 87.19 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030. 

Industrial coatings are widely used in various other end-use sectors, including automotive and vehicle refinish, electronics, aerospace, oil & gas, mining, marine, and power generation. Automotive and refinish coatings are among the major industrial coatings. The growing usage of refinish coatings for automotive maintenance, repair, and aftermarket painting on account of visual appearance, surface protection, and corrosion resistance is expected to propel the demand for industrial coatings.

Gather more insights about the market drivers, restrains and growth of the Industrial Coatings Market 

Moreover, the growing need for customized designs and paints in vehicles is likely to support the market growth. The U.S. is a leading manufacturer of aerospace and related components and one of the major aerospace markets in the world. The availability of well-trained aerospace engineers, machinists & other skilled laborers, and increasing air commute are driving investments in the U.S. aerospace industry. The presence of prominent aircraft manufacturers, such as The Boeing Company, Gulfstream Aerospace, and Textron Aviation, Inc., is expected to significantly fuel the growth of the aerospace industry in the country.

This, in turn, is anticipated to create ample growth opportunities for the market during the forecast period. Increasing awareness about vehicle paint protection by healing damages and scratches on vehicle surfaces has boosted market growth. Moreover, expanding the consumer base in the Middle East and Asia Pacific regions on account of the rising disposable income is expected to boost the product demand in the automotive and other end-use industries during the forecast period. Increasing demand for industrial coatings from packaging applications, such as caps & closures, and cans, is also projected to positively influence market growth in the coming years.

Excellent CO2 retention properties to preserve freshness and high flexibility & adhesion of these coatings are boosting their demand in the packaging industry. Furthermore, increasing construction activities drive product demand in the wood industry. However, environmental and health hazards associated with Volatile Organic Compounds (VOCs) are majorly affecting the industry growth. Various environmental and safety regulations, such as The Occupational Safety and Health Administration (OSHA), The Environmental Protection Agency (EPA), and California Air Resource Board (CARB), are being implemented by governments globally to limit the harmful effects of these compounds on human health and the environment.

Industrial Coatings Market Segmentation

Grand View Research has segmented the global industrial coatings market report on the basis of product, technology, end-user, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Acrylic

Alkyd

Polyurethane

Epoxy

Polyester

Others

Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Solvent Borne

Water Borne

Powder Based

Others

End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

General Industrial

Marine

Automotive & Vehicle Refinish

Electronics

Aerospace

Oil & Gas

Mining

Power Generation

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

The global synthetic dyes market size was estimated at USD 6.35 billion in 2023 and is projected to reach at a CAGR of 6.8% from 2024 to 2030. 

The global texture paints market size was estimated at USD 12,357.21 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.

Key Companies & Market Share Insights

The industry is highly fragmented with the presence of several key as well as some small- and medium-scale global and regional players. The global players face intense competition from each other as well as from regional players who have well-established supply chain networks and are well aware of the regulations and suppliers in the market. Major players are involved in the expansion of their manufacturing facilities, R&D investments, mergers & acquisitions, and new product development to cater to the increasing global demand, ensure competitive effectiveness, enhance sales & operations planning, and expand their customer base. Some of the prominent players in the global industrial coatings market include:

Akzo Nobel N.V.

Axalta Coating Systems, LLC

Jotun

PPG Industries, Inc.

The Sherwin-Williams Company

Nippon Paint Holdings Co., Ltd.

Hempel A/S

Order a free sample PDF of the Industrial Coatings Market Intelligence Study, published by Grand View Research.