Market Research Blog

The global wind power coatings market is estimated to expand a 10.1% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Increasing focus on alternate sources of energy has led to surge in wind turbine installation worldwide. This has in turn created conducive environment for sales of wind power coatings.

The installation of wind turbines has risen in tandem with the demand for cleaner energy sources. Application of wind power coatings is the essential step within wind turbine manufacturing. Besides protecting such a large and costly structure, wind power coatings also ascertain longer life span of wind turbines protecting them from corrosion, erosion, and wear and tear.

However, application of wind power coatings require skilled labor and advance equipment. Unavailability of the same could hamper growth of the market.

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“In order to gain competitive edge, the market players are eyeing at strategic collaboration. Besides this, they are expanding their portfolio to include coatings with advanced features. This is expected to aid the expansion of the market in the coming years,” says an FMI analyst.

Key Takeaways:

• Global wind power coatings market value is expected to surpass US$ 3.5 Bn by the end of the forecast period.
• The onshore coatings segment is expected to register maximum sales.
• East Asia is expected to be the dominant region in terms of production and consumption of wind power coatings.
• Demand from Japan and China will support sales of wind power coatings in East Asia.
• Demand in the U.S. will grow by 9.8% year-on-year in 2021 backed by surging focus on expanding the renewable energy infrastructure.
• The U.K. and Germany will emerge as highly lucrative market for sales of wind power coatings within Europe.

Competitive Landscape     

Key manufacturers of wind power coatings Includes Hempel A/S, PPG Industries, Inc., Covestro AG, Akzo Nobel N.V., BASF, The Sherwin-Williams Company, Jotun Group, Teknos Group Oy, 3M, Sika AG, Thomas Industrial Coatings, Mankiewicz Gebr. & Co. (GmbH & Co. KG), Bergolin GmbH & Co. KG, Duromar, Inc. and others.

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Wind Power Coatings Market by Category

By Type

• Polymer Coatings
  • Epoxy
  • Polyurethane
  • Acrylic
  • Fluoropolymer
  • Others
• Ceramic Coatings
• Metal Coatings

By Coating Method

• Spray
• Roller
• Others

By Application

• Offshore
  • Offshore Blade
  • Offshore Tower
  • Offshore Interior
  • Offshore Turbine Foundation
• Onshore
  • Onshore Blade
  • Onshore Tower
  • Onshore Interior
  • Onshore Turbine Foundation

By Utilization

• OEM
• Maintenance

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Regional Value and Volume Analysis

1.3. Demand Side Trends

1.4. Supply Side Trends

1.5. Key Factors to Offer Competitive Advantage

1.6. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

4. Key Success Factors

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/wind-power-coatings-market
For Sales Enquiries: sales@futuremarketinsights.com
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The market grew at a CAGR of 3.6% over the past half-decade. Rising demand for eco-friendly substitutes for synthetic plastic, coupled with increasing usage of naphtha as raw material in bio-plastic production is favoring the growth in the market. On account of this, the renewable naphtha is projected to rise at a robust 10.5% CAGR during the forecast period (2021-2031).

As per a study published by FMI, the global renewable naphtha market is estimated to top US$ 422 Mn in 2021. Increasing applications of renewable naphtha in the production of hydrogen is facilitating the market growth. Driven by this, the market is anticipated to reach US$ 1.15 Bn by 2031-end.

Demand for renewable naphtha also will surge owing to growing fuel blending practices to comply with new regulations regarding fuel compositions. For instance, the Indonesian Government has increased the blending capacity of biodiesel from 10% to 15%.

Favored by such developments, sales of renewable naphtha are expected to register a year-over-year growth of 8.7% between 2020 and 2021.

As per FMI, light naphtha is projected to remain the most preferred product type, accounting for nearly 92.7% of the sales in the global market. Increased use due to its light weight and easy blending characteristics across the industries such as hydrogen, petroleum, and plastic is propelling the growth in the segment.

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“The market will gain traction as stringent regulations are imposed on the use of synthetic plastics and rising carbon emission due to use of petrol and diesel. Surging adoption of advanced technologies such as NExBTL is expected to propel the demand for renewable naphtha over the coming years,” says the FMI analyst.

Key Takeaways from Renewable Naphtha Market Study

• The U.S. is projected to emerge as the fastest-growing market in North America, expanding at a year-on-year growth of 7.9% in 2021.
• Germany is estimated to hold leading share in the Europe market, accounting for nearly 33% of overall sales through 2031
• Favored by the increasing demand for automotive and plastics manufacturing, sales of renewable naphtha in India are expected to rise at 8% CAGR through 2031.
• China is forecast to dominate the market in East Asia, accounting for around 78.5% of the demand in the region in 2021.
• Based on end use, the feed for plastic production segment is anticipated to witness substantial growth, accounting for nearly 72.8% of the global sales by 2031 end.

Key Drivers

• Surging demand for plastic-based products such as bespoke articles, home decor materials, consumer electronics, and others is spurring the sales of renewable naphtha across plastic production segment.
• Rising demand for automotive vehicles and growing government policies promoting the use of bio-based diesel and petrol across the U.S., India, and China are propelling the demand for renewable naphtha.

Key Restraints

• Increasing prices of bio-based fuels and rising consumer inclination towards electric vehicles are hampering the growth in the market.
• Stringent regulation towards manufacturing synthetic plastics such as ethylene and propylene is expected to hinder the sales across the plastics production segment.

Competitive Landscape
Leading players operating in the global renewable naphtha market are Neste, ENI, Darling Ingredients Inc., and CNPC. The top five manufacturers are expected to account for nearly 75% of the total sales in 2021.

Key companies are emphasizing on adopting expansion strategies such as new production facility development, mergers, acquisitions, agreements, and collaborations with other players to expand their production capacity and increase the market share. For instance,

• In July 2019, PDV LLC, a U.S. based oil and gas company, announced to construct a pipeline to cope up with the shortage witnessed for imported naphtha causing a disruption in production and exports of crude oil.

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Some of the key players operating in the market profiled by FMI are:

• Neste
• ENI
• Darling Ingredients Inc.
• CNPC
• Diamond Green Diesel
• Renewable Energy Group, Inc.
• Marathon Petroleum Corp.
• Preem
• Phillips 66
• UPM Biofuels

More Valuable Insights on Renewable Naphtha Market

FMI, in its new report, offers an unbiased analysis of the global renewable naphtha market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in renewable naphtha market with detailed segmentation:

By Product Type:

• Light Naphtha
• Heavy Naphtha

By Application:

• Fuel Blending
• Feed for H2 Production
• Feed for Plastics Production
  • Ethylene
  • Propylene
  • Butadiene
  • Others

By Region:

• North America
• Latin America
• East Asia
• Europe
• South Asia Pacific
• Middle East & Africa

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/renewable-naphtha-market
For Sales Enquiries: sales@futuremarketinsights.com
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As per a survey conducted by FMI, the global polysulfide resin market is projected to reach US$ 157.2 million in 2021. In response to the increasing use of polysulfide resins such as liquid polysulfide elastomers across automotive, construction, and industrial processing industries, the market is anticipated to total US$ 229.76 million by the end of 2031.

The market registered a sluggish growth at a CAGR of 0.2% over the past half-decade. Sales decelerated in 2020 particularly due to suspension of industrial operations amid the COVID-19 outbreak. With the increasing demand for polysulfide resin in automotive vehicles, rubber processing, and aerospace sector, the market is expected to grow at 3.9% CAGR over the forecast period from 2021 to 2031.

Strong growth has been registered in China, Japan, and India owing to expansion of the building and construction industry following rapid urbanization and investment towards infrastructural development. According to a report by the Next City Organization, the government of China plans to build 10 cities equivalent to New York in the next decade.

As polysulfide resins provide outstanding weather resistance and high flexibility to the wall surfaces, they are extensively being used in the construction sector as window sealants in curtain wall joints and building joints. Spurred by these factors, the demand for polysulfide resin will considerably increase between 2021 and 2031.

“Key players are increasingly investing in research and development (R&D) activities to introduce novel products, which will address rising complications associated with polysulfide resin adhesion. Besides this, some of the players are focusing on expanding their distribution channel by strengthening their e-commerce and digital footprint,” says the FMI analyst.

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Key Takeaways from Polysulfide Resin Market Study

• The market in the U.S. is projected to exhibit 3.9% year-on-year growth, accounting for over 86.7% of the sales in North America by the end of 2021.
• India is estimated to emerge as one of the fastest-growing markets in the Asia Pacific, surging at a CAGR of 5% in 2021.
• Favored by the rapidly expanding construction sector, China is likely to account for around 59% of the sales in the East Asia market.
• South Korea and Japan are anticipated to collectively account for more than 9.5% of the overall polysulfide resin sales in 2021
• Thiokol is forecast to dominate the product type segment, accounting for nearly 75% of the total sales in 2021.
• The demand for polysulfide resin is expected to project a year-on-year of 3% in 2021.

Key Drivers

• Surging demand for sophisticated sealants to prevent leaks in recreational marine vessels, aviation fuel tanks, and battle corrosion in automotive components is expected to drive sales across Thiokol’s segment.
• Increasing demand for passenger vehicles, commercial aircraft, and luxury boats across prominent regions such as North America, Europe, and Asia Pacific will favor the growth of the automotive segment.

Key Restraints

• High cost of polysulfide resin and the availability of cheaper alternatives such as polyurethane and silicone resins are hampering the growth of the market.
• Implementation of stringent regulations pertaining to volatile organic compounds (VOC) emissions of sulfur compounds are posing a restraining the market growth as polysulfide resin contains high sulfur in it.

Competitive Landscape

Leading manufacturers operating in the global polysulfide resin market are Nouryon, Toray Fine Chemicals Co. Ltd., JSC Kazan Synthetic Rubber Plant, and Arkema, as per FMI.

Key player are focusing of adopting organic strategies such as new product launch, production capacity expansion, new facility development, and others. Some of the companies are engaging into collaboration, joint ventures, and acquisition with small players to maintain their lead in the landscape. For instance,

• In 2021, Nouryon, a global specialty chemicals leader headquartered in Netherlands announced expanding its production line and relocating its production site from Suzhou to Ningbo, China. The strategy will assist the company of expand its consumer based and address increasing demands from end user industries in China.
• In 2021, Arkema, a specialty chemicals and advanced materials company based in France, announced acquisition of Ashland, a leading manufacturer of high performance adhesives for industrial applications in the U.S. The acquisition will assist the company to expand its product portfolio and strengthen its global footprint.

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Some of the leading players in the market profiled by FMI are:

• Nouryon
• Toray Fine Chemicals Co. Ltd.
• JSC Kazan Synthetic Rubber Plant
• Arkema

More Valuable Insights on Polysulfide Resin Market

FMI in its new report, offers an unbiased analysis of the global polysulfide resin market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in polysulfide resin market with detailed segmentation:

By Product Type:

• Thiokols (Liquid Polysulfide Elastomers)
• Solid Polysulfide Elastomer

By End Use:

• Automotive & Transportation
• Aerospace
• Automotive
• Marine
• Others
• Building & Construction
• Bridges
• Roads
• Commercial Construction
• Others
• Industrial Processing
• Specialty Chemicals
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia Pacific
• East Asia
• Middle East & Africa

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/polysulfide-resin-market
For Sales Enquiries: sales@futuremarketinsights.com
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The global biophotonics market is anticipated to witness an impressive growth of over 11.3% CAGR during the forecast period of 2031, forecasts ESOMAR-certified consulting firm Future Market Insights.

Growing geriatric population and extensive use of biophotonics in cell and tissue diagnostics are the key factors propelling the market growth. Advent of nanotechnology in biophotonics and increasing application of biophotonics within light therapy and microscopy will improve the demand.

Since light therapy devices are becoming more and more popular in the healthcare sector, biophotonics is widely used in this field. Additionally, the government’s funding and investment in medical diagnostics are increasing market demand.

The integration of detection, diagnosis, and staging during endoscopy is giving market players options for expansion. The market demand will increase as a result of significant advancements in the field of see-through imaging techniques, particularly in the areas of drug discovery and medical diagnostics.

The market will rise as a result of the widespread use of biophotonics endoscopic procedures, particularly in providing functional and biochemical information for the application of medicinal therapies.

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Increasing geriatric population and rising prevalence of lifestyle diseases such as obesity, insomnia and others have improved the demand of light therapy in the field of medical therapeutics. This in turn will bolster the growth of biophotonics market.

According to FMI, the application of biophotonics in microscopy and light therapy will witness an impressive growth, exhibiting the demand of over 15% each respectively over the forecast period.

“Technological advancements and soaring demand within medical therapeutics and diagnostics for treating lifestyle diseases such as obesity and insomnia will drive the market demand. Catering the heightened demand, biophotonics manufacturers have increased the development by incorporating advanced technology, generating expansion prospects in the industry,” says the FMI analyst.

Key Takeaways from FMI’s Biophotonics Market Study

• Medical diagnostics is anticipated to be the primary end-user of biophotonics market, exhibiting a CAGR of over 10.7% during the forecast period
• Non-medical applications in biophotonics market is estimated to project impressive growth of over 15.5% CAGR between 2021 and 2031
• In terms of application, biosensors segment is poised to expand at a CAGR of around 17.2% CAGR during the forecast period
• Microscopy and light therapy applications will expand at a CAGR of 15.1% each respectively in the upcoming decade
• The U.S. is anticipated to be the major market owing to the increasing investment by the U.S. government in healthcare industry
• Germany and the U.K are expected to collectively lead the Europe’s biophotonics market owing to the expansion of healthcare industry
• Countries such as China, India and Japan will emerge as lucrative markets attributing to the technological advancements in the healthcare and imaging industry

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Competitive Landscape

Key players in the biophotonics market are focusing on new product launches for the expansion of their product portfolios.

Adoption of latest technology in the healthcare sector have enabled the advent of the new players, leading to a competitive market.

Prominent market players are forging alliances with other top healthcare companies to maintain their position in the industry.

For instance, in June 2021, Alberta Biophotonics Inc. announced the acquisition of additional shares of Flurotech Limited, pursuant to a three-cornered amalgamation between the FluroTech, FluroTest Systems Ltd. and 2330853 Alberta Ltd.

Recently, another key player PhotoniCare Inc. announced the funding of more than US$ 7 million to commercially expand its imaging technology, TOMi Scope.

In May 2021, Olympus America announced the launch and clearance of its BF-UC190F endobronchial ultrasound (EBUS) bronchoscope, a new addition to its EBUS portfolio of devices for lung cancer diagnosis and staging via needle biopsy

Biophotonics Market Segments

By Application:

• See-Through Imaging
• Microscopy
• Inside Imaging
• Spectro Molecular
• Analytics Sensing
• Light Therapy
• Surface Imaging
• Biosensors

By Application:

• See-Through Imaging
• Microscopy
• Inside Imaging
• Spectro Molecular
• Analytics Sensing
• Light Therapy
• Surface Imaging
• Biosensors

By End User:

• Tests And Components
• Medical Therapeutics
• Medical Diagnostics
• Non-Medical Application
• Tests And Components
• Medical Therapeutics
• Medical Diagnostics
• Non-Medical Application

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

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Table of Content

1. Executive Summary

2. Research Methodology & Scope

3. Assumptions & Acronyms Used

4. Market Overview

5. Global Biophotonics Market, By Application, 2015-2031

6. Global Biophotonics Market, By End Use Sector, 2015 – 2031

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/global-biophotonics-market
For Sales Enquiries: sales@futuremarketinsights.com
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Increasing demand for crude kaolin in cement, refractories, and agrochemical industries has been identified as a chief growth driver of the India kaolin market. As per a new study by Future Market Insights (FMI), the kaolin market in India is anticipated to register 3.5% CAGR between 2021 and 2031.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/india-kaolin-market
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

The growing demand for the biocompatible and biodegradable polymers is anticipated to boost the market for chitosan in North America. Future Market Insights (FMI), in a new study has forecast the Chitosan market to surpass US$ 1.05 Bn in 2031. Growth forecasts remain bullish for the market within North America as chitosan application is forecast to rise across diverse industries.

Chitosan is a linear structure biopolymer derived from chitin, which is naturally and abundantly available on the planet in the living organisms and also it is a renewable material. Chitosan can be used in various end use segments including pharmaceuticals and biomedical, agrochemicals, water treatment, food and beverages and many others.

Growing demand of pharmaceuticals and biomedical and biocompatible substances are one of the key factors for the growth of chitosan market in North America. Moreover, the growing demand of biocompatible and biodegradable substances in various end use industries like personal care, surgery, water treatment, agricultural chemicals and many others is expected to uplift the market of chitosan in the coming years. U.S. is anticipated to remain the dominating country during the assessment period for production and consumption of chitosan in North America.

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While chitosan can be derived from multiple sources, shrimps remain most preferred within the U.S. It is expected to account for over half of chitosan produced in the country. Other sources of chitosan include crabs, lobsters, and fungi

Key Takeaways from Chitosan Market Study

• Chitosan market will thrive in North America exhibiting 14.3% CAGR between 2021 and 2031
• The U.S. will remain dominant accounting for nearly 80% chitosan sales in the region
• Canada will exhibit impressive y-o-y growth in 2021 within the North America chitosan market
• Pharmaceutical and biomedical applications of chitosan will continue to surge in the U.S.
• Within Canada, the demand for chitosan derived from sources other than shrimps and crabs will rise at a higher pace

 “The pandemic has had a negative impact on North America but, the region is anticipated to start showing improvement in its economic performance and industrial development in the forthcoming assessment period. End-use industries such as pharmaceuticals and biomedical, water and waste water treatment, personal care and many others are likely to exhibit high demand for chitosan within the region” said by a FMI analyst

Who is Winning?

The North America Chitosan market can be considered as fragmented, since a fair share of the overall volume consumed in the region are been imported from Asian market also from the European countries. Some of the key manufacturers in the North American Chitosan market includes, Tidal Vision Inc., Chitolytic, CarboMer, Inc., Spectrum Chemical MFG Corp., Mycodev Group, Toronto research Chemicals, and MP Biomedicals and others are focusing on strengthening their product portfolio and expanding their market footprint through strategic acquisition and collaborations with other market participants. In order to survive in the market several market participants are focusing on product development through collaborations with other research centers to develop chitosan products to cater the growing demand from various end use industries.

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Chitosan Market by Category

Source

• Shrimp
• Crab
• Others

Application

• Water Treatment
• Personal Care
• Pharmaceuticals & Biomedical
• Food & Beverages
• Agrochemicals
• Others

Region

• North America

Country

• U.S.
• Canada

Table of Content

1. Executive Summary

1.1. North America Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/north-america-chitosan-market
For Sales Enquiries: sales@futuremarketinsights.com
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Increasing demand from oil & gas industry for drilling fluids is expected to fuel the demand for organo-modified bentonite. The global organo-modified bentonite market is expected to exhibit considerable growth during the assessment period. The CAGR rate is predicted to be positive during this period. Accelerated demand for the material from the oil and gas industry in the Middle East and North America is expected to fuel market possibilities for organo-modified bentonite during the assessment period of 2021 to 2031.

Organo-modified bentonites have specialized properties that make it a critical component of drilling fluids for extraction of crude as well as a binder for the production of iron, steel and non-ferrous castings. Thus organo-modified bentonite finds wide application in different industry verticals like water treatment, paintings & coatings, oil & gas, textile, foundry, cement and many others. Organo-modified bentonite is also finding usage in cosmetic and beauty products such as mud baths which further propels market growth of the material. This growth is supplemented by increasing disposable income and growing spending on personal care in developing regions.

Features like good compatibility and thickening ability make organo-modified bentonite a popular product in the paint and coating industry. It also finds lucrative market opportunities in low and middle polar solvent systems.

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“Elevated demand for organo-modified bentonite in the oil and gas industry is a primary growth driver for the product in the global market for the forecast period,” says an FMI analyst. 

Key Takeaways:

• Application in oil and gas industry to boost market possibilities.
• Sales grew at 2.8% CAGR between 2016 and 2020.
• North America will continue its market domination over the forecast period.
• Foundry applications propels the ales of organo-modified bentonites in the Asia Pacific region.
• China organo-modified bentonite market is predicted to register considerable growth over the assessment period.
• Elevated demand in foundry and oil & gas is expected to drive the market in Mexico.
• Application in multiple industry verticals in India will fuel market growth in the region.
• By application, the absorbent/ adsorbent segment is projected to account for the largest market share, with a high CAGR.
• Based on end use, oil and gas continue to dominate the market.

Competitive Landscape 

Elementis, BYK, MI-Swaco, Laviosa, Lamberti, Huate Corp., Unitech Chemicals (Zibo), Camp Shining, Tolsa, Manek Group, Zhejiang Anji Tianlong Organic Bentonite Co. Ltd., Zhejiang Qinghong New Material Co. Ltd., and Changxing Guangda New Materials Co., Ltd among others are some of the major players in the organo-modified bentonite market that are profiled in the full version of the report.

A fairly consolidated, the organo-modified bentonite market is dominated by key players selling the product across the globe- with  more than three-quarters of the market value share distributed among these key players. The use of specialized technology for production of organo-modified bentonite make it difficult for new entrants. Major market players are concentrating on building a market for specific applications.

Across the value chain, the market players have built strong partnerships with the raw material suppliers, distributors and end users. In order to meet the requirements of a growing consumer base, businesses operating in the organo-modified bentonite market strategically partner with end users and regional distributors.

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Organo-modified bentonite suppliers pursue strategic tactics of acquisition and geographic expansion to create a foothold. The tier-I players in the Organo-Modified Bentonite market are concentrating on improving R&D capabilities to develop new organo-modified bentonite with different quaternary ammonium salts. These businesses focus on acquisition of smaller players, to strengthen their their market penetration as well as to gain a competitive edge in the market.

More Insights into the Organo-modified Bentonites Market Report

In its latest report, FMI offers an unbiased analysis of the global organo-modified bentonite market, providing historical data from 2016 to 2020 and forecast statistics for the period 2021 to 2031. To understand the global market potential, growth, and range, the market is segmented based on end use (oil & gas, foundry, paintings & coatings, textile, water treatment, cement, lubricants & greases, coal briquette), application (drilling fluid, clarification agent, nucleating agent, binder, absorbent/ adsorbent, others) and region.

Organo-Modified Bentonite Market by Category

Application

• Drilling Fluid
• Clarification Agent
• Nucleating Agent
• Binder
• Absorbent / Adsorbent
• Others

End Use

• Oil & Gas
• Foundry
• Paints & Coatings
• Textile
• Water Treatment
• Cement
• Cosmetics
• Lubricants & Greases
• Coal Briquette

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

4.1. Product Type Adoption / Usage Analysis

4.2. Product Type USPs / Features

4.3. Strategic Promotional Strategies

TOC continued..!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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