Braze Alloys Market | 2022 – 2032 | Industry Share, Size, Growth, Analysis Report

The global braze alloys market is witnessing an upsurge in recycling processes as manufacturers are innovating novel approaches for cost-effective manufacturing of braze alloys.

The market for braze alloys is expected to be worth US$ 2678.9 million in 2022. The market is anticipated to increase at a CAGR of 4.3% over the projected period and will be worth US$ 4081.3 million in 2032.

Leading players in the global aluminum industry are also banking on innovative approaches for development, identification, and implementation of economical solutions to optimize the benefits of aluminum recycling.

Further, market players are focusing on automating and optimizing processes through pre-sorting, shredding, and separation methods that help recycled braze alloys to achieve favorable characteristics.

Global Braze Alloys Market – Growth Drivers

Braze alloys are witnessing significant demand from the automotive industry, where in they are used in condenser and evaporator connections for air-conditioning systems, fuel injection pipes, and brake linings.

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The end-use industry has been striving to develop lightweight automotive components. Copper and aluminum based braze alloys are light in weight and offers superior performance. Moreover, adoption of braze alloys would surge in the coming years, given considerable investments in automobile production in developing regions.

Moving ahead, braze alloys are also finding huge application in aerospace industry, as they are crucial in manufacturing of aircraft components that are highly resistant against high temperature and pressure, and corrosion.

Furthermore, rise in usage of recycled aluminum metal-based braze alloys in aerospace industry will provide lucrative opportunities for market players.

Global Braze Alloys Market – Growth Restraints

Fluctuating prices of raw materials, used in manufacturing of braze alloys, are a major concern for market players. Inadequate capacity and slumping manufacturing activities are disturbing the supply chain of braze alloys market.

Copper is the base metal in the production of copper-based alloys. As such, volatilities in process of manufacturing copper-based braze alloys is projected to have adverse impact on market growth.

Impact of COVID-19 on Global Braze Alloys Market

The COVID-19 pandemic is severely affecting the revenue pool of braze alloys market. Interruption in manufacturing process of automobiles in APAC and Europe has significantly reduced the demand for braze alloys. Industries are not focusing upon new launches of vehicles, rather they are concentrating on sales of previously manufactured vehicles.

Going forward, reduced flight operations have halted the manufacturing of aircrafts. As such, continual need of maintenance have decreased amidst the COVID-19 pandemic.

China is the largest producer of raw material for braze alloys. Due to the second wave of pandemic, government has imposed lockdowns and slowed down international transportation. This, in turn, is putting strain on net profit of manufacturers.

Global Braze Alloys Market – Regional Analysis

Asia Pacific (APAC) would remain in the vanguard of the global braze alloys market both in terms of revenue share and CAGR. Rapid growth of end-use industries such as aerospace, automotive, and construction is majorly molding the regional market.

Moreover, governments are playing a crucial role by scaling up their investments in infrastructure development projects, especially in countries – China, Japan, and India. While APAC’s market has been making significant strides, the braze alloys market in North America is also offering relevant revenue creation prospects.

Represented by the US, North America accounts for around half of the global aerospace industry revenue.

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Global Braze Alloys Market – Competitive Landscape

The global braze alloys market is fairly consolidated comprising limited number of players. These market leaders are innovating new approaches for manufacturing braze alloys to maintain sustainability.

Manufacturers are adopting artificial intelligence (AI), for pre-sorting, shredding, and separation of metals. Further, strategic activities such as acquisitions and capacity expansions are shaping the competitive landscape.

Key players in global braze alloy market includes,

  • Johnson Matthey Plc.
  • Morgan Advanced Materials plc.
  • Lucas-Milhaupt, Inc.
  • Oerlikon Metco
  • Umicore N.V.
  • Bellman-Melcor LLC
  • Harimatec Czech
  • s.r.o.
  • Indian Solder
  • Braze Alloys
  • VBC Group.

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Global Braze Alloys Market – Segmentation

The global braze alloys market is segmented on the basis of following,

By Product Type

  • Copper
  • Gold
  • Silver
  • Aluminum
  • Others

By Application

  • Automotive
  • Electronics
  • Aerospace
  • Others

Report Highlights

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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Plastic Composites Market- New Technological Development Projecting Massive Growth till 2029

Plastic Composites Analysis market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Plastic Composites Analysis market.

Global Plastic Composites Market: Introduction

Plastic composite is also named as wood-plastic composite. Plastic composites are compounds comprising of wood wastes and recycled plastic with features such as reduced melting temperature enabling lower energy costs for manufacturers as well as reduction of product footprint in the environment.

The plastic composites fuse fine wood particles are renewable, reclaimed, biodegradable, and recycled. The wood flour and granules of polypropylene is used in manufacturing of plastic composites.

Plastic composite manufacturers mainly consists of polypropylene, as it has high abrasive and temperature resistance properties. Also, on heated to a certain temperature it becomes soft, and then hardens on cooling. Whereas, Polyvinylchloride also shows significant growth in the market, owing to its low maintenance material and it is used mainly in construction industry

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Global Plastic Composites Market: Dynamics

High availability of non-utilized plastic and wood waste is expected to create an upsurge in demand for plastic composites over the forthcoming years. The manufacturing process of plastic composites does not require any chemical, which can be toxic or harmful to the environment.

Also, there has been an increase in urbanisation and industrialisation in developing nations which has given a boost to the construction and building sectors. Therefore, stringent regulations on the use of chemicals in building materials and increase in demand from building & construction applications expected rise in demand for plastic composites.

The global plastic composites market has faced a number of challenges pertaining to the rise in cost of raw materials and issues related to mechanical strength. However, increase in implementation of biodegradable plastic raw materials anticipated to propel the demand for plastic composites.

Global Plastic Composites Market: Regional Outlook

Global plastic composite market is expected to dominate by North America region. As the region shows rising consumer demand for bio-compatible products in applications such as consumer goods and automotive interior parts. The Government bodies of Asia Pacific region entered in PPP (Public Private Partnership) to undertake new building and infrastructural construction projects.

Asia Pacific is expected to follow by North America region. Europe is stipulated to have healthy growth in the plastic composite market due to increasing recycling rate of plastic wastes and increase in demand for plastic composites in in domestic constructions in the region.

On the country level, Germany expected to dominate the Europe region as the country has the largest manufacturer and consumer of plastic composites. Other regions such as Latin America and Middle East and Africa are anticipated to be regions with low volume share but are projected to witness robust rise in demand over the forecast period.

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Global Plastic Composites Market: Market Participants

Plastic composite market is driven by the increasing partnerships, joint ventures, and production capacity expansion strategy by the key market players. For instance, recently, Certainteed Corporation acquired SimTek, is a prominent manufacturer of high-density polyethylene of fence products. Moreover, Beologic N.V. increases its capacity to 20000 metric tons a year, in which 70% production of plastic composites is of Polyvinyl chloride.

Some of the key players involved in the plastic composites market include Crane Plastics, Fiberon, LLC., CPG International LLC, Certainteed Corporation, Axion International, Inc., Findock International Inc., Beologic N.V., Fkur Kunststoff GmbH, Tamko Building Products, Inc., Polymera, Inc., Josef Ehrler GmbH & Co. Kg, Trex Company, Inc., Timbertech Ltd., North Wood Plastics Inc., Guangzhou Kindwood Co. Ltd., Polyplank AB, OnSpec Composites Inc., Universal Forest Products, Inc., Plygem Holdings Inc., Advanced Environmental Recycling Technologies, Inc., and among others.

The research report presents a comprehensive assessment of the Plastic Composites market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Plastic Composites market segments such as plastic type and application

The research report presents a comprehensive assessment of the Plastic Composites market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Plastic Composites market segments such as plastic type and application

The report covers exhaustive analysis on

  • Plastic Composites Market Segments
  • Plastic Composites Market Dynamics
  • Plastic Composites Market Size
  • Plastic Composites Volume Sales
  • Plastic Composites Adoption Rate
  • Plastic Composites Current Trends/Issues/Challenges
  • Plastic Composites Competition & Companies involved
  • Plastic Composites Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Plastic Composites market segments and geographies.

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Global Plastic Composites Market: Segmentation

Globally, the plastic composites market can be segmented on the basis of plastic type, and application

Based on the Plastic Type, the global plastic composites market can be segmented into,

  • Polyethylene
  • Polypropylene
  • Polyvinyl chloride
  • Acrylonitrile Butadiene Styrene
  • Polystyrene

Based on the Application, the global plastic composites market can be segmented into,

  • Automotive Components
  • Building & Construction
  • Industrial
  • Consumer Products
  • Others

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Desmutting Agent Market – Major Revenue Gain is Predicted by 2029

Desmutting agent is one of the chemicals used to treat and remove dark spots and residue from the metal and is especially used for aluminum alloys. It also works as light emitting agent for metals alloys. There are several chemicals and processes employed for enhancing metal finish or to remove residue from the metal before sending it for further operation. Desmutting agent removes metallic smuts from metal surface that occur during the alkaline etching process, before the anodizing treatment and chemical polishing. Technically, desmutting agent is a medley of nitric acid, ferric sulfate, and hydrochloric acid in aqueous solution. It provides radiant appearance to the metal and makes further processing of the metal easy.

It is one of the key process chemicals used in the metal industry and is completely different from the deoxidizing agents which remove the aluminum oxide off the aluminum substrate via oxidation-reduction reactions. Additionally, desmutting agent is an environment friendly chemical agent as it is free from chromium and because of same it is industrially accepted by several manufacturers.

Desmutting Agent: Market Dynamics

The market for desmutting agent was mainly driven by huge demand from industries where metal application has plays an important role such as, automotive, aerospace and other manufacturing industries.

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Moreover, the rise in adoption of robust and cost effective metal equipment is also expected to fuel the demand for desmutting agent in the coming assessment period. In addition, industrially, metal equipment require application of sophisticated technology with zero tolerance of residue and radiant appearance of final finished product while designing.

Consequently, the high cost of finishing the metal is expected to hinder the market growth of desmutting agent market in the coming years. However, the increase in metal production activities from Asia-Pacific region is expected to provide profitable business opportunities to the manufacturers during the forecast period.

Low maintenance, effective operation, are some of the factors propelling the opportunity of desmutting agent among manufacturers. Additionally, key manufacturers are planning to introduce different types of desmutting agents which can treat other metal alloys.

Desmutting Agent Market: Regional Outlook

Asia Pacific region estimated to hold more than half of the desmutting agent volume as well as value market share across the globe and is expected to dominate the same in the coming forecast period. The growth of desmutting agent market in Asia Pacific is projected to be led by increasing industrial activities and demand for highly quality finished metal.

Additionally, growth for steel industry is gaining traction in automotive industry. Thus, increasing number of manufacturing facilities for metals in Asia Pacific region is expected to boost the desmutting agent market demand in the coming forecast period.

Desmutting agent market is anticipated to account for decent growth in the North America region. There are several factors on which this growth depends such as enormous presence of industries in region results as demand generating factor for market in the region.

In addition to this, favorable government policies enacted to boost the manufacturing sector in order to recover economic growth is expected to act as key driving factor for increasing overall product demand. Increased investment in infrastructure activities in the Europe region is expected to boost the desmutting agent demand in the coming forecast period.

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Desmutting Agent Market: Key Participants

Some of the market participants in the desmutting Agent market identified across the value chain:

  • Worldclean Industrial Cleaning Co Ltd
  • Nippon Hyomen Kagaku
  • Coventya
  • METACHEM
  • Almax
  • Harmony Additive Private Limited
  • Okuno-Auromex
  • SLS CHEM&TECH

The research report on the desmutting agent market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The desmutting agent market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to mentioned market segments.

The report covers exhaustive analysis on

  • Desmutting agent Market Segments
  • Desmutting agent Market Dynamics
  • Desmutting agent Market Size
  • New Sales of Desmutting agent
  • Current Trends/Issues/Challenges in the Desmutting agent Market
  • Competition & Companies Involved in Desmutting agent
  • New Technology for Desmutting agent
  • Value Chain of the Desmutting agent Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The global desmutting agent market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Desmutting Agent Market: Segmentation

Desmutting agent market is gaining traction in the market, the market is segmented based on type, application, end- use and region

By type, Desmutting Agent market can be segmented as:

  • Nitric Acid Based
  • Chromic Acid Based
  • Others

By Application, Desmutting Agent market can be segmented as:

  • Aluminum Alloy
  • Magnesium Alloy
  • Steel Industry
  • Others

By end use, Desmutting Agent market can be segmented as:

  • Automotive
  • Aerospace
  • Industrial Manufacturing
  • Other Industrial

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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High Performance Lubricants Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

Industrial lubricants can be categorized as either convention, high-performance or specialty products. High performance lubricants is an evolution over the conventional lubricants. High performance lubricants offer long lasting performance capabilities, in spite of harsh environmental conditions such as extreme pressure, extreme temperature, chemical exposure, etc.

High performance lubricants gives liberty to the manufacturer to extended warranties with fewer claims, as it minimizes the risk of failures, and increases end-user satisfaction. High performance lubricants can last five times as compared to traditional lubricants.

According to Power Magazine, lubricants make up approximately less than one percent of plant’s operating cost, but it can influence more than half of plant maintenance costs. With the use of high performance lubricants, end-user can lower the total maintenance and energy costs.

Owing to the increasing significance of high performance lubricants in several end-use industries its demand is increasing rapidly.

High Performance Lubricants Market: Dynamics

The major factor driving the global high performance lubricants market is the distinct advantages of high performance lubricants oil and its improved properties, such as reduced gear wear, reduced flammability, and increased service life. Owing to better and improved properties of high performance lubricants its demand is increasing continuously among the several end-use industries such as automotive, industrial automation, food and beverage and others.

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Engine oil are widely used to lubricate internal combustion engine and are generally composed of 70% to 90% base oils and 10% to 20% additives, in additive lubricants plays a major role, and increasing adoption of high performance lubricant oil in engine oils as an additive, propelling the global high performance lubricant oil market

Moreover, rapidly growing industrial automation industry and increasing penetration of high performance lubricant in this industry is creating new opportunistic market for the manufacturers of high performance lubricants.

Increasing manufacturing activities in Asia-Pacific region, growing construction and mining industry owing to increasing government initiatives towards infrastructural development, especially in emerging countries are some other factors which boosting the demand of high performance lubricants market across the globe.

High Performance Lubricants Market: Regional Overview

High performance lubricants market is anticipated to lead by Asia Pacific, owing to growing automotive industry, China is driving the majority of growth in the automotive industry in Asia Pacific region. Growing automotive industry is creating more demand for the engine oil additives such as high performance lubricants.

North America is anticipated to witness a significant growth in High performance lubricants market, U.S. is a prominent country in the lubricants market in spite of increasing number of electric vehicles, U.S. is one of the vital exporter of high performance lubricants to many countries across the globe.

High performance lubricants market of Europe is expected to witness a robust growth, owing to increasing preference of manufacturers of high performance lubricants to European countries for expansion of its manufacturing facilities, in order to fulfill the its growing demand from regional end-use industries.

Despite the impressive growth in automotive and industrial automotive industry in Middle East and Africa, the local refineries are capable of producing very less amount of engine oil, as a result high performance lubricant market is expected to witness a comparatively low growth in this region.

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High Performance Lubricants Market: Market participants

Some of the key player involved in the production of high performance lubricants are Royal Dutch Shell PLC, Exxon Mobil Corporation, BP PLC, Chevron Corporation, Total Lubricants, High Performance Lubricants, Telko Ltd, Gulf Oil Corporation Limited, Idemitsu Kosan Co. Ltd. and others.

The research report presents a comprehensive assessment of the High Performance Lubricants market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to High Performance Lubricants market segments such as component, type, application, end-user and region, etc.

The report covers exhaustive analysis on

  • High Performance Lubricants Market Segments
  • High Performance Lubricants Market Dynamics
  • High Performance Lubricants Market Size
  • High Performance Lubricants Volume Analysis
  • High Performance Lubricants Adoption Rare
  • High Performance Lubricants Current Trends/Issues/Challenges
  • High Performance Lubricants Competition & Companies involved
  • High Performance Lubricants Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Bi-metallic Band Saw Blade market segments and geographies.

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High Performance Lubricants Market: Segmentation

Globally, high performance lubricants market can be segmented on the basis of source, product type, and end-use.

Based on the source, high performance lubricants market can be segmented into,

  • Synthetic
  • Bio-based

Based on the type, high performance lubricants market can be segmented into,

  • Engine oil
  • Hydraulic and transmission fluids
  • Metalworking fluids
  • General industrial oil
  • Process oil
  • Others

Based on the end-use, high performance lubricants market can be segmented into,

  • Automotive and transportation
  • Heavy Machinery and equipment
  • Food and beverage
  • Power generation
  • Chemical manufacturing
  • Others

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

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Carboxylated Nitrile Rubber Industry Overview and Competitive Landscape till 2029

Carboxylated nitrile rubber (XNBR) is an improved version of nitrile rubber with enhanced properties. Carboxylated nitrile rubber is a type of modified nitrile rubber, and has extra cross linking abilities. Carboxylated nitrile rubber (XNBR) is also known as carboxylated butadiene nitrile rubber.

Carboxylated nitrile rubber is a terpolymer formed with the help of three types of monomers such as butadiene, acrylonitrile and unsaturated carboxylic acid. Carboxylated nitrile rubber are used for special application purposes and which requires high abrasion and wear resistance. Carboxylated nitrile rubber also offers excellent oil resistance as well as moderate heat resistance. Apart from it, carboxylated nitrile rubber has excellent solvent resistance.

Due to its excellent oil resistance characteristics carboxylated nitrile rubber components are being widely used in aerospace, marine and automotive fuel systems. Carboxylated nitrile rubber is used for making various types of industrial and automotive components such as rubber belts, printing rolls, hoses, rings, seals and gaskets. Carboxylated nitrile rubber are also used for making shoe soles with high wear & abrasion resistance.

Components made from carboxylated nitrile rubber are also used different industries such as oil & gas, consumer goods manufacturing, printing and other general manufacturing industries. The only drawback for carboxylated nitrile rubber has poor weathering and ozone resistance.

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Carboxylated Nitrile Rubber Market: Dynamics

Rapidly growing industrial activities and demand for rubber components across the globe can be identified as the prime driving factor responsible for the carboxylated nitrile rubber market growth. Carboxylated nitrile rubber is mainly used for the manufacturing of the rubber components which are used for industrial purposes in different industries.

Rings and seals manufactured from carboxylated nitrile rubber is mostly used in automotive, marine and aircraft engine systems, and the high oil resistance is making carboxylated nitrile rubber gives it advantage over other products. Thus, growth of automotive, marine and aerospace industry is estimated to escalate the market growth of the carboxylated nitrile rubber market.

Apart from it, increase in automotive aftermarket activities is estimated to have a positive impact on the carboxylated nitrile rubber market. Carboxylated nitrile rubber is used in the manufacturing of printing rolls, hence the growth of printing industry is expected to propel the demand for carboxylated nitrile rubber.

Due to its excellent oil & solvent resistance, the components made from carboxylated nitrile rubber are widely used in oil & gas industry. Recovery of oil & gas industry from slowdown in past year is anticipated to act as a potential driving factor for the growth of carboxylated nitrile rubber market.

Carboxylated nitrile rubber is also used in the making of footwear with high abrasion resistance, thus increasing demand for special purpose footwear is estimated to bolster the carboxylated nitrile rubber market.

Growing population, increased consumer spending and growth of rubber industry are few of the factors which will indirectly affect the growth of carboxylated nitrile rubber market. High product cost and lower awareness amongst the end users might act as restraining factors for the Carboxylated nitrile rubber market.

Carboxylated Nitrile Rubber Market: Regional Outlook

Asia Pacific is considered as one of the prominent market region for carboxylated nitrile rubber, owing to the increasing industrial activities. Due to the lower labor cost and easy availability of raw material, Asia Pacific has witnessed substantial rise in rubber components manufacturing. Apart from it Asia Pacific is the leading region in terms of rubber production.

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Regions such as North America and Europe can be attributed as a potential market for carboxylated nitrile rubber, owing to the well-developed industrial landscape.

Industrial production is expected to witness upward trend in Latin America region, therefore Latin America can be considered as promising market for carboxylated nitrile rubber. Middle East & Africa is expected to witness positive growth in the demand for carboxylated nitrile rubber owing to end use industry growth.

Carboxylated Nitrile Rubber Market: Key Market Participants

Examples of some of the market participants operating in the global carboxylated nitrile rubber market are:

ARLANXEO, Zeon Corporation, Emerald Performance Materials, OMNOVA Solutions Inc., Rahco Rubber, Inc., and Zibo Qilong Chemical Co., Ltd. among others.

The Carboxylated nitrile rubber market research report presents a comprehensive assessment of the Carboxylated nitrile rubber market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The Carboxylated nitrile rubber market research report provides analysis and information according to Carboxylated nitrile rubber market segments such as geographies, application and industry.

The report covers exhaustive analysis on

  • Carboxylated nitrile rubber Market Segments
  • Carboxylated nitrile rubber  Market Dynamics
  • Carboxylated nitrile rubber  Market Size
  • Carboxylated nitrile rubber Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Carboxylated nitrile rubber market
  • Competition & Companies involved in Carboxylated nitrile rubber market
  • Technology used in Carboxylated nitrile rubber Market
  • Value Chain of Carboxylated nitrile rubber Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Carboxylated nitrile rubber Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Carboxylated nitrile rubber market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Carboxylated nitrile rubber market segments and geographies.

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Carboxylated Nitrile Rubber Market: Segmentation

The global carboxylated nitrile rubber market is segmented on the basis of its acrylonitrile content:

  • 8-18% Acrylonitrile
  • 18-22% Acrylonitrile
  • 23-27% & above

The global carboxylated nitrile rubber market is segmented on the basis of its application:

  • Belts
  • Printing Rolls
  • Hoses, Rings & Seals
  • Gaskets
  • Shoe soles

The global carboxylated nitrile rubber market is segmented on the basis of its end use:

  • Automotive & Transportation
  • Oil & Gas
  • Paper Printing
  • General Manufacturing
  • Consumer goods & appliances

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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Mercaptopropionic Acid Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2027

Mercaptopropionic acid, CAS No. 107-96-0, a colorless organic compound that has high solubility in an organic solvent. In the past, Mercaptopropionic acid was used as an intermediate compound in the production of pharmaceutical fennel.

With the advancement in the Chemical Industry, mercaptopropionic acid has been used in several industrial application such as in cement admixture, polycarboxylate, and polyvinyl chloride, among other applications.  In Industry, mercaptopropionic acid is used as a reducing agent in the production of polycarboxylate for controlling its molecular weight, which in turn lead to enhance the water reduction rate and moisture retention performance of the polycarboxylate.

Mercaptopropionic acid is thermally stable compound and can be used as reducing agents, antioxidant, catalyst and biochemical agents, among others. Mercaptopropionic acid is also an intermediate for pharmaceutical fennel and is also used as a stabilizer for polyvinyl chloride.

Generally, Mercaptopropionic acid is made from acrylonitrile and thiourea. The thiourea is reacted with hydrochloric acid, acrylonitrile, and sodium hydroxide solution for dehydrogenation.  After that, the solution is neutralized with hydrochloric acid. Then, benzene is extracted, recovered and distilled out to from the finished products. Further, mercaptopropionic acid can also be obtained by reacting hydrogen sulfide with pyruvic acid or with β-propiolactone.

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Mercaptopropionic acid Market: Dynamics

The global Mercaptopropionic Acid market is found to be mainly driven by the significant growth of pharmaceuticals and chemical industry growth across the globe. Moreover, rising demand for Mercaptopropionic Acid in the production of polycarboxylate and polyvinyl chloride, among other products will lead to driving the market over the forecast period.

Along with this, the rising investment in the biochemical research and growing commercialization of their products in developed countries provide the impetus for the growth of Mercaptopropionic Acid market. Also, increasing demand for electro-chemicals across the globe will lead to driving the market over the forecast period. However, the uncertainty of China specialty chemicals market will hamper the growth of the market.

Mercaptopropionic acid Market: Regional Outlook

In terms of demand, China Mercaptopropionic acid is expected to hold the lion’s share of the global market. This is mainly attributed to the significant growth of the end-use industries such as pharmaceuticals, chemicals, construction chemicals, to the name of few, in the country which in turn is expected to drive the demand for Mercaptopropionic acid market.

Availability of raw materials, low cost of labor and production, among others are some of the factors that provide an impetus for the growth of China market. However, a recent amendment in the regulations on the chemical industry will have a substantial impact on the market growth and it is expected to hamper the market growth till 2022.

Moreover, this uncertainty in the china will be compensated by the healthy growth from the other Asian countries such as India and ASEAN countries. It is expected that South Asia Mercaptopropionic acid market will register healthy growth over the forecast period. Moreover, demand for Mercaptopropionic Acid is expected to register slow growth in the North America and Europe market.

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However, significant growth in the pharmaceutical and chemical production in Brazil and Mexico will lead to drive demand for Mercaptopropionic Acid in Latin America. Latin America Mercaptopropionic Acid market is expected to register healthy CAGR growth over the forecast period. Moreover, the Middle East & Africa Mercaptopropionic Acid market is projected to register sluggish growth over the forecast period.

Mercaptopropionic acid Market: Key Players

The key players involved in the Global Mercaptopropionic Acid market are listed below;

  • BOCSCI Inc.
  • BRUNO BOCK Chemische Fabrik GmbH & Co. KG
  • Hubei Dechao Chemical Co., Ltd.
  • Merck KGaA
  • Penta Manufacturer Company
  • Santa Cruz Biotechnology, Inc.
  • Shandong Xinchang Chemical Technology Co., Ltd.
  • Shanghai Xinyu Biotechnology Co., Ltd.
  • Sisco Research Laboratories
  • Tokyo Chemical Industry Co., Ltd.

The Mercaptopropionic acid market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Mercaptopropionic acid market report also contains projections using a suitable set of assumptions and methodologies. The Mercaptopropionic acid research report provides analysis and information according to market segments such as geographies, application, and industry.

The Mercaptopropionic acid Report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain of Mercaptopropionic acid marker

The Mercaptopropionic acid market regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Mercaptopropionic acid report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Mercaptopropionic acid market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Mercaptopropionic acid report also maps the qualitative impact of various market factors on market segments and geographies.

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Mercaptopropionic acid Market: Segmentation

On the basis of Purity Type, the global Mercaptopropionic Acid market is bifurcated into;

  • Above 99%
  • Below or equal to 99%

On the Basis of Function, the global Mercaptopropionic Acid market is bifurcated into;

  • Chemical Intermediates
  • Reducing Agent
  • Catalyst
  • Anti-oxidant
  • Others

On the basis of Application, the global Mercaptopropionic Acid market is bifurcated into;

  • Pharmaceuticals
  • Chemicals
  • Polymer & Plastics
  • Electro-chemicals
  • Others

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

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Mecoprop Market is Expected to Generate Huge Profits by 2029

Mecoprop is sold under multiple trade names such as Kilprop, Triester-II, Mecopar, Mecomin-D and Triamine-II among others. Mecoprop is a chlorophenoxy herbicide and is extensively used as a selective herbicides to inhibit weed growth amongst fruit trees and cereal crops. The Mecoprop market is dominated by the agricultural end users such as cereal crops, fruit trees, agricultural field & crop land.

However the use of mecoprop is increasing in sport fields, golf farms, and residential as well as industrial areas as an herbicide to avoid weed growth.

Mecoprop Market: Dynamics

Mecoprop Market: Driver

Mecoprop market is largely based on the agricultural or agrochemical industry. The growth in the agrochemical industry is anticipated to affect the mecoprop market significantly owing to its extensive application as an herbicide. In the recent years there is a demand for superior quality of food and agricultural products.

Farmers across the globe face immense pressure of meeting the global demand which in turn has shifted farmers to use modern day techniques, products and equipment including chemicals such as mecoprop, which helps in avoiding unnecessary growing weeds and grasses which hinder the growth of crops, fruits and others. The herbicides market has witnessed an increase in demand over the recent years, shortage of arable land, and significant increase in cost of labor & resources have collectively led to the increase in usage of synthetic and bio-based herbicides.

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Mecoprop is gaining traction in usage at residential lawns and sports fields as weed killers. The market is believed to be propelled owing to increase in household pesticide and herbicide market. Increasing residential and commercial area is anticipated to open up new grounds for the mecoprop market owing to increase in recreational turf & fields, sods, pavements and other residential and commercial areas.

Mecoprop Market: Restraints

Mecoprop is classified as a slightly toxic chemical by U.S. EPA and falls under the toxicity class III. Mecoprop if inhaled, swallowed or induced directly can be very toxic for humans, moreover according to department of health in New Jersey mecoprop is classified as a carcinogen.

It is a harmful chemical and is associated with uneven heart rate, metabolic acidosis and even kidney failure. Multiple negative aspects such as adverse effects are expected to hinder the growth of the mecoprop market globally.

Moreover the stringent laws put forward by the government and environmental laws is expected to give preference for bio-based herbicides which are environmental friendly and also fall under the environmental regulations. Growth in the bio-based herbicide sector is expected to affect the market over the coming years.

Mecoprop Market: Regional Outlook

North America is expected to dominate the mecoprop market and is anticipated to hold highest market share owing to the concentration of major key players in the region. Multiple key players have headquarters in U.S. and are a major source for mecoprop production.

On the contrary in Europe the government has implied stringent regulations and policies on chemical pesticides and herbicides, resulting very limited contribution from countries in Europe towards the mecoprop market.

Growing agricultural sector, increasing demand for food, divergence of arable land for other commercial uses and ever increasing populations in Asia Pacific has led to increase in demand for herbicides such as mecoprop. China and India are anticipated to heavily contribute to the market of mecoprop in the coming years.

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Regions such as Latin America holds a lot of potential for mecoprop market because of large number of agriculture dependent countries such as Brazil, Mexico, Argentina and Colombia among others. Middle East & Africa is expected to project a steady growth in the mecoprop market.

Mecoprop Market: Key participants

The key participants of Mecoprop market are as follows: Bayer AG, Dow Agro Sciences, Syngenta, DuPont, Monsanto Company, BASF SE, FMC Corporation, Adama Agricultural Solutions Ltd and Nufarm Ltd. among others.

The Mecoprop Market report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Mecoprop market
  • Competition & Companies involved in Mecoprop market
  • Technology used in Mecoprop Market
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Mecoprop Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Mecoprop market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Mecoprop market segments and geographies.

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Mecoprop Market: Segmentation

The Global Market of Mecoprop can be segmented by: Form

  • Mecoprop
  • Mecoprop-P

The Global Market of Mecoprop can be segmented by: Application

  • Herbicide
  • Pesticide
  • Others

The Global Market of Mecoprop can be segmented by: End Use

  • Agricultural
  • Pasture
  • Rangeland
  • Cropland
  • Others
  • Non Agricultural
  • Residential lawns
  • Recreational Turf
  • Sports Fields
  • Sod Farms
  • Pavements
  • Others

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

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Lead Stearate Market Future Analysis, Demand by Regions and Opportunities with Challenges 2029

Lead Stearate market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.

This study is one of the most comprehensive documentation that captures all the facets of the evolving Lead Stearate market.

Lead Stearate Market: Introduction

Lead stearate is a lead based compound widely used as a chemical additive. The chemical formula of Lead stearate is represented as Pb(C17H35COO)2. Some alternative chemical names of lead stearate are ‘lead octadecanoate’, ‘Stearic Acid Lead Salt’, ‘Lead(II) Stearate’ and ‘Octadecanoic acid.

Lead stearate can be synthesized through different chemical routes, such as use of the metathesis method. Production of lead stearate commercially requires stearic acid and lead acetate as raw materials. Lead stearate is an excellent drier.

Lead stearate is used as a heat stabilizer in different electronic applications, Dibasic lead stearate is used as an efficient high temperature lubricants for PVC processing. Lead stearate is extensively used to obtain long production run at high temperature.

Lead stearate is preferred by multiple electronic cable manufacturers for its superior properties in combination with other lead stabilizers and lubricants. Lead stearate deliver a number of applications for various end use industry.

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Lead stearate is expected to be driven by the electronics and the PVC sector where lead stearate is used as a PVC stabilizers for synthesizing PVCs, accelerant for polymer production in the rubber industry among others. Lead stearate partakes as a drier in the Ink, Oil & Paint sector. Lead stearate majorly is available to manufactures in submicron and non-powder form as they are more suitable for in these forms for various procedures and processes.

Lead Stearate Market: Dynamics

Lead Stearate Market: Driver

Lead Stearate is used extensively as a stabilizers for PVC, the PVC industry is one of those which facilitates a chain of downstream industries such as housing, sanitation, infrastructure, and agriculture among various others.

Increasing population, urbanization reflects an impact on the growth of industries such as agriculture, infrastructure and housing to name a few, growth in such industries is expected to increase the demand for PVC products which in turn is expected to increase the demand for lead stearate as a stabilizer for PVC production.

Lead stearate is also used in the electronic industry and in the recent years there has been a significant increase in the electronic global industry owing to multiple advancements, product innovations as well as product improvements.

Over the years the electronic industry has witnessed steady growth and is anticipated to follow the same rate in the coming years. This factor is expected to propel the demand for lead stearate pertaining to its applications as cable coverings and also as lubricants. Lead compounds are the predominant stabilizer in wire and cable worldwide as a result of its cost-effectiveness and excellent electrical insulation properties.

Lead Stearate Market: Restraints

Lead compounds in naturally available form are highly toxic. Lead stearate manufacturers have to go through stringent regulations owing to the high toxic nature of lead containing compounds. The end users such as PVC manufacturers, electronics industry also have to abide by the strict protocol for lead stearate or other lead compound proportions, which has led to a decrease in the usage of lead stearate in the production of PVC.

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Over the recent years end users and government are pushing towards development of non-lead stabilizer PVC compounds for insulated wires and cables, which is expected to slow down the demand for lead stearate as a stabilizer in the coming years.

ead Stearate Market: Regional Outlook

Regions such as East Asia and South Asia are expected to be the front runners in terms of demand for PVC production. Countries such as U.S., U.K, Germany, Italy and Japan among others are expected to decrease the use of lead related compounds including lead stearate for production of PVC compounds, which is expected to decelerate the lead stearate market in regions such as North America, Europe and Japan.

In regions such as Oceania, MEA and Latin America the demand for lead stearate is expected to be the stagnant over the forecast period as less key players are based in these regions.

Lead Stearate Market: Key participants

WSD Chemical, American Elements, Triveni Interchem. AIVIT Group, Pratham Stearchem,  Hebin Chemical, POCL, Beijing Yunbang Biosciences, Shristab, Chongqing Changfeng, and Xiamen Hisunny among others

The Lead Stearate Market report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Lead Stearate market
  • Competition & Companies involved in Lead Stearate market
  • Technology used in Lead Stearate Market
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Lead Stearate Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Lead Stearate market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Lead Stearate market segments and geographies.

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Lead Stearate Market: Segmentation

The Global Market of Lead Stearate can be segmented by: Form

  • Submicron
  • Nano Powder

The Global Market of Lead Stearate can be segmented by: Type

  • Di-basic Lead Stearate (51% Lead)
  • Normal Lead Stearate (28% Lead)

The Global Market of Lead Stearate can be segmented by: Application

  • Lubricants
  • Drier
  • Stabilizer
  • Mold Releasing Agent
  • speeding up

The Global Market of Lead Stearate can be segmented by: End Use

  • Petroleum Industry
  • Ink, Oil & Paints
  • Electrical Industry
  • Plastic Industry
  • Rubber Industry

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

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Flake Graphite Market to reach a valuation of US$ 313.42 Billion by 2032

Future Market Insights has adopted multi-disciplinary approach to shed light on the advancement of the Flake Graphite Market during the recorded period. The study presents a profound plunge into the current growth dynamics and their major avenues in the estimation year of 2021, with key prospects over the forecast period 2022 to 2032.

Report Attributes Details
CAGR 1.10%
Value (2022) US$ 280.94 Billion
Value (2032) US$ 313.42 Billion

Extensive rounds of essential and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Flake Graphite Market, both at national and international levels. The analysts have utilized various industry-wide unmistakable business insight apparatuses to merge realities, figures, and market information into income assessments and projections in the Flake Graphite Market.

Impact of COVID-19 on Chemicals & Materials Industry

COVID-19 pandemic has caused severe impact on the global economy at various levels and the impact is seen on Chemicals & Materials market as well. The market growth declined drastically during the lockdown when the manufacturing units experienced shutdowns and a dearth in raw materials supply and absence of human resources Owing to the ongoing crisis caused by the pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to set on a path of regaining as the economy starts to stabilize.

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Key Players Dominating the Global Flake Graphite Market

Some of the market participants in the global flake graphite market identified across the value chain include:

  • Mineral Commodities Ltd.
  • American Elements
  • Merck KGaA
  • YichangXincheng Graphite Co.,Ltd.
  • Kibaran Resources
  • Focus Graphite Inc.
  • Great Lakes Graphite dbaNovoCarbon Corporation
  • Qingdao Yanxin Graphite Products Co. Ltd
  • Imerys S.A.
  • Superior Graphite Co.
  • Mason Graphite
  • James Durrans& Sons Ltd.
  • HP Materials Solutions, Inc.
  • Talga Resources
  • Canada Carbon Inc.
  • Tamil Nadu Minerals Ltd., (TAMIN)
  • Agrawal Graphite & Carbon Products (P) Ltd
  • Graphite India Limited
  • Chotanagpur Graphite Pvt Ltd.
  • Tirupati Carbons & Chemicals Pvt Ltd

Flake Graphite Market: Segmentation

The global flake graphite market can be segmented on the basis of purity, grade, size and application and end use.

On the basis of purity, the global flake graphite market can be segmented into:

  • ≤ 90% Flake Graphite
  • > 90% Flake Graphite

On the basis of grade, the global flake graphite market can be segmented into:

  • Food Grade Flake Graphite
  • Pharmaceutical Grade Flake Graphite
  • Technical Grade Flake Graphite

On the basis of size, the global flake graphite market can be segmented into:

  • Jumbo Flake Graphite (> 500 microns)
  • Large Flake Graphite (300 microns – 500 microns)
  • Medium Flake Graphite (150 microns – 300 microns)
  • Fine Flake Graphite (< 150 microns)

On the basis of application, the global flake graphite market can be segmented into:

  • Refractory Material
  • Electrode
  • Catalysis
  • Filler / Additive
  • Lubricant
  • Brake Lining
  • Flame Retardant
  • Others

On the basis of end use, the global flake graphite market can be segmented into:

  • Electrical & Electronics
  • Paints & Coatings
  • Automotive
  • Chemical
  • Mining & Metallurgy
  • General Industrial

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Queries Solved

  • What are the size of the overall Flake Graphite Market in the Chemicals & Materials market and its segments?
  • What are the key segments and sub-segments in the market?
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  • What is the Flake Graphite Market in Chemicals & Materials market size at the regional and country-level?
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  • What are the strategies for growth adopted by the key players in Flake Graphite Market in the Chemicals & Materials market?
  • What are the recent trends in Flake Graphite Market in the Chemicals & Materials market? (M&A, partnerships, new product developments, expansions)?
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  • What are the key market trends impacting the growth of the Flake Graphite Market in the Chemicals & Materials market?

Reasons to Buy the report

  • Our industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.
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  • We provide the most accurate analysis of the market and its trends because FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. So the data collected are from highly reliable sources.

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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

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Octofluoropropane Market to reach a valuation of US$ 140.62 Billion by 2032

Octofluoropropane market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Octofluoropropane market.

Report Attributes Details
CAGR 4%
Value (2022) US$ 95 Billion
Value (2032) US$ 140.62 Billion

Global Octofluoropropane Market: Introduction

The energy deficit and the increasing power consumption across the world calls for increased electricity supply. Rising demand for electrical industry generates the demand for electronics specialty gases such as octofluoropropane. Octofluoropropane is colorless gas and odorless gas, having molecular formulae – C3F8 and has 90% purity range. Alternative names of octofluoropropane is halocarbon 218, halon-38, perfluoropropane, etc. It is produced by fluorination or the fowler process.

In term of physical properties, octofluoropropane is a high molecular weight inert gas with low solubility in the water and a low diffusion coefficient. Owing to its superior properties, it finds wide range of applications across the end-use industries especially electronics, medical and other physical industries. Primary applications of octofluoropropane includes – ingredient in refrigeration mixtures and in contrast-enhanced ultrasound and in plugging procedures in medical sector.

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Global Octofluoropropane Market: Market Dynamics

Semiconductors, apart from their mainstays, which include smartphones and consumer electronics are finding newer application areas such as in the automobile infotainment systems. The fabrication of semiconductor components in automobiles is expected to rise at a rapid rate owing to the increased integration of electronic controls being embedded in the current generation of automobiles thus fueling the need of octofluoropropane. In addition, the impending arrival of self-driving cars is also expected to contribute greatly to the growth of the semiconductor industry. Increasing production is semiconductor chips is the primary growth driver for octofluoropropane as these gas is used in etching and cleaning of semiconductor surfaces.

Octofluoropropane is being increasingly used in specialty applications such as an efficient cleaning and etching mechanism. These novel applications of electronic specialty gases i.e. octofluoropropane can be capitalized on by producers and companies can concentrate on selling their products to companies which have a presence in these product domains. The application of octofluoropropane in electronics have showcased their potential to exceed supply requirements in comparison to other end use sectors which make use of these gases in order to meet their production needs. Thus, lucrative opportunities for octofluoropropane manufactures presented by growth of the semiconductor market.

Global Octofluoropropane Market: Regional Outlook

Geographically, the global octofluoropropane market can be segmented into seven key regions including North America, Europe and Asia of which East and South Asia are are estimated to be the major markets for octofluoropropane owing to the presence of large electronic component manufacturers in the region. Countries such as China, Taiwan, Japan and South Korea are embarking of electricity production capacity addition by developing solar parks. This is being supported by Governments through subsidies and grants. In addition, huge scale residential projects are also making measures to incorporate solar power generation infrastructure in order to decrease the reliance of such large scale projects on the national grid

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Sales of electronic specialty gases in South Asia is forecast to increase at the significant CAGR over the forecast period. The market demand for octofluoropropane in South Asia region is largely reflected by development activities, predominantly in the electronics manufacturing sector. Additionally, the demand for octofluoropropane in the other regions  is projected to be moderate by end of forecast period. Due to the steady growth of semiconductor industry in the regions.

Global Octofluoropropane Market: Industry Participants

The global octofluoropropane market has numerous small-scale and international manufactures at regional level. Few industry players are identified across the value chain of the global octofluoropropane market which are – Linde AG, Messer Austria GmbH, PanGas AG, Praxair, Inc., SHOWA DENKO, Kanto Denka Kogyo, F2 Chemicals Ltd, Electronics Fluorocarbons LLC, Air Products and Chemicals, Inc., Halopolimer Perm Electronic Fluorocarbons LLC, and among others.

The global Octofluoropropane research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global Octofluoropropane market also contains projections using a suitable set of assumptions and methodologies. The research report on global Octofluoropropane market provides analysis and information according to market segments such as geographies, application, and industry.

The global Octofluoropropane research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global Octofluoropropane market also contains projections using a suitable set of assumptions and methodologies. The research report on global Octofluoropropane market provides analysis and information according to market segments such as geographies, application, and industry.

The Global Octofluoropropane market report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Global Octofluoropropane Leather: Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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The global Octofluoropropane market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the battery additives. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Octofluoropropane market attractiveness as per segments. The global Octofluoropropane market report also maps the qualitative impact of various market factors on market segments and geographies.

Global Octofluoropropane Market: Market Segmentation

The global octofluoropropane market can be segmented on the basis of product type, application and regions.

On the basis of product type, the global octofluoropropane market can be segmented as mentioned below:

  • >99.99%
  • <99.99%

On the basis of applications, the global octofluoropropane market can be segmented as mentioned below:

  • Semiconductor
  • Liquid Crystals and LEDs
  • Optical Fibers
  • Transformers
  • Others

Global Octofluoropropane Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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