Market Research Blog

The compressed air filtration and dryer system market is predicted to grow at a moderate CAGR of 6% during the forecast period. The compressed air filtration and dryer system market is likely to reach nearly US$ 9.8 Bn by 2032 from US$ 5 Bn in 2021.

The food and beverage industries are in high demand for compressed air solutions, which are increasingly being used to improve production. Compressed air dryers shield equipment from corrosive and hazardous environments.

Because of their numerous applications in a variety of industries, including healthcare and medicine, compressed air dryers have grown in popularity in recent years. To meet rising demand, manufacturers have increased their manufacturing capacity by utilising refrigeration systems in recent years.

The automotive, healthcare, and food and beverage sectors all have positive outlooks for the compressed air filtration and dryer system market. Compressed air production is one of the most expensive auxiliary functions in all industries. Compressed air filters and dryers are the most important components of compressed air systems.

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Key Takeaways

• Demand from China is expected to boost revenue in the Asia Pacific compressed air treatment equipment market, which is expected to increase at a rate of over 6% through 2027.
• Because compressed air is required in a wide range of industrial applications, China’s global leadership in automobile and industrial production is having a significant impact on the whole market.
• The compressed air filtration and dryer system market size in the healthcare industry is expected to exceed USD 1 billion by 2020. The market demand is being fueled by the increasing use of compressed air treatment systems in the medical compressed air sector.
• The prevalence of humidity and other impurities in the process air is expected to drive a 4.5 percent CAGR in-process air from 2021 to 2027, which could have severe implications for plants.
• Due to its widespread use to remove or reduce the amount of water from compressed air, compressed air dryers are expected to account for roughly 35 percent of the compressed air filtration and dryer system market share in 2027.

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Key Segments

By Product Type:

• Compressed Air Dryers
  • Refrigeration Dryers
  • Desiccant or Adsorption Dryers
  • Deliquescent Dryers
  • Membrane Dryers
• Compressed Air Filters
  • Particulate Filters
  • Coalescing Filters
  • Compressed Intake Filters
  • Activated Carbon filters

By Industry:

• Automotive
• Oil & Gas
• Chemicals
• Food &  Beverages
• Electronics
• Others

By Region:

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

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According to latest research by Future Market Insights, the market is set to witness steady growth during forecast period 2021 – 2031, progressing at a CAGR of more than 6% during the period. Demand will witness significant growth owing to the growing awareness towards ecological balance.

Growing demand for eco – friendly products is increasing and also expected to rise during the assessment period. Such factors are in turn anticipated to boost demand for these coatings.

What is Driving Demand for Anti Soiling Coating?

Anti-Soiling Coating is used as preventive coating applied on solar panels to prevent solar panels from dirt accumulation. Growing demand for decentralized power generation in emerging countries is propelling the demand for solar panels. Growth in solar panel market is likely to boost the sales during the forecast period.

In order to decrease carbon footprint, reduce CO2 emissions, and alleviating pollution the demand is shifting towards solar photovoltaic panels which is boosting the sales of the product.

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Reliability, overall production capacity, are key factors which hinders the solar power market, which in turn hampers the demand for Anti Soiling Coating. However, development of battery storage technologies has helped overcome these challenges, which is a highly beneficial factor in demand development for the market.

Growing Demand for Energy is Likely Augment Anti Soiling Coatings Sales

Use of conventional sources of energy is being discouraged due to excess growth in pollution and declining fossil fuel reserves across the globe. These factors are promoting use of renewable and cost effective sources of energy for power generation in order to cater the ever increasing demand for un-interrupted energy supply.

In addition, declining raw materials prices coupled with growing prices of electricity across the globe and decreased cost of installation for solar photovoltaic panels is propelling the use of solar power across the globe which is projected to elevate the Anti Soiling Coatings sales during the forecast period.

Additionally, the Anti Soiling Coatings also finds its applications in Oil & Gas Industry and V-shaped Recovery of Oil and Gas industry after COVID-19 Impact will increase the demand of Anti Soiling Coatings.

US Market Outlook

US is one of the largest markets for Anti Soiling Coatings globally. The US solar industry has witnessed spectacular growth in various states owing to positive policy actions and tax breaks. Demand will be driven due to increase in sales of solar panels in the country.

Solar panels market is experiencing a significant growth owing to increased applications of solar panels to fulfil residential power requirements

China and India Demand Scenario

China has the largest global installed capacity for solar power in the world, both on a utility scale and for roof top solar. The country is witnessing huge solar power project developments to replace old coal based plants that would be shut down in few years, thus driving demand for these special coatings.

India is a lucrative market. In order to fulfil the vast demand of energy country needs high power generation capacity and new infrastructure. Growing initiatives and investments in clean energy sector over conventional sources of energy from government is boosting the use the solar panels in the country which in turn promoting the sales of Anti Soiling Coatings across the country.

Europe Demand Outlook for Anti Soiling Coatings

Many countries in EU have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, due to growing government initiatives towards economy redevelopment causing market to to recover at significant rate.

Europe is a significant market for solar panels owing to the model of decentralized energy generation across the region. Increased Government action and investment in some European countries such as Germany and UK has boosted the renewable power generation capacity in the region. Owing to occurrences of dispersed solar assets in the region Anti Soiling Coatings Market is expected to grow at significant rate during the forecast period.

Manufacturers in the region are targeting and innovating special coatings for solar panels to fulfil demand of solar energy sector.

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Who are the Key Manufacturers and Suppliers of Anti Soiling Coatings?

Some of leading manufacturers and suppliers of Anti Soiling Coatings are

• BASF SE
• Boero
• PPG Industries Inc.
• Nippon Paint Marine coatings Co. Ltd
• Chigoku Marine Paints, Ltd.
• Jotun
• Kop Coat Inc.
• Akzo Nobel N.V.

Many manufacturers and suppliers are investing in research and development of low cost coating for increasingly cost efficient solar panels in order to overcome the longstanding challenge of solar power generation.

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 an 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 Future Market Insights (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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

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According to latest research by Future Market Insights, the market is set to witness steady growth during 2021-2031. Demand for Arc Ferrite Magnet will witness a firm recovery in short-term, with optimistic growth outlook in the long-term.

Slightly slow demand from application in electro-acoustic products will mean limited opportunities in near future, however, sales of the market in defense sector will provide much needed momentum.

What is Driving Demand for the Market?

The market demand is driven by its properties that include excellent corrosion resistance, high resistance to demagnetization & their comparatively low prices. The material is also used for many applications owing chiefly to its ability to cover large surface Area.

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Furthermore, the increasing spending capacity of the urban masses driven by rising disposable income is expected to propel the uptake of personal electronics such as smartphones, and automotive vehicles, which helps to provide a thrust to the market growth.

Arc ferrite magnet are also used in motors which are made up of SrO and Fe2O3 materials. While comparing to other magnets, arc magnet is harder and brittle. It has excellent resistance to demagnetization and corrosion. Hence, due to this characteristics and more favorable prices, arc magnet has the highest yield in magnet industry and are widely used in various fields.

Recovery in Automotive Demand Likely to Augment Arc Ferrite Magnet Sales

The key drivers of the industry, includes the growing product utilization, rising disposable incomes, sales of passenger and commercial vehicles, launch of advanced automobiles, and growing product utilisation in medical devices. These factors are expected to aid the market growth during the forecast period.

Because this magnet is used in vehicles as a rotor or stator in motors such as PM motors, electric motors, linear motors, DC motors and many more, the impending recovery in automotive sector demand is projected to positively impact the market.

There is an increased adoption of ferrite magnet in the automotive industry for braking and locking systems, growing sales of passenger and commercial vehicles, introduction of advanced automobiles in the market, and the role of  ferrite magnet as an essential component in various medical devices are expected to have a positive effect on the expansion of the global market.

US and Canada Arc Ferrite Magnet Market Outlook

North America is one of the leading market for arc ferrite market owing to its strong automotive industry and associated technology development. The market demand is led by automotive as well as electronics applications, with the U.S. being one of the world’s top market for sales of vehicles and consumer electronics.

Additionally, the increasing utilization of these ferrite magnet in electro-acoustic products is anticipated to propel the market demand over the forthcoming years.

U.S. based manufacturers of Arc Ferrite Magnet use powder technology process most often. This material is commonly used in U.S. and other developing regions in DC motors, magnetic separator, magnetic resonance, imaging and automotive sensors.

APAC Demand Outlook for Arc Ferrite Magnet

The Asia-Pacific region is the largest market for arc ferrite magnet in terms of regional demand distribution. Strong economic development, followed by substantial investment in industries such as automotive, consumer electronics, and environment & energy is driving the demand of permanent magnet market.

With economic contraction and saturation in the other markets, demand is shifting to the Asia-Pacific region. Moreover, low cost of production is propelling the growth of permanent magnets in the region.

China currently represents both the largest producer and consumer of arc ferrite magnets. China’s cost effective labour and abundance of raw materials has made it a favourable destination for manufacturers of magnets as well as their end users such as manufacturers of electric transformers, inductors and industrial/electronic goods.

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Who are the Key Manufacturers and Suppliers of the Market?

Some of the leading manufacturers and suppliers of Arc Ferrite Magnet include

• Ningbo Yunsheng Co. Ltd.
• Hangzhou Permanent Magnet Group
• JPMF Guangdong Co. Ltd.
• Ninggang Permanent Magnet Materials Co. Ltd.
• Hitachi Metals L
• Magnequench International, LLC
• Others

The manufacturers are strongly embarking on improving quality, and product innovation. Organic as well as inorganic strategies are both utilized to gain market share, with expansion of capacity to meet the market demand. Moreover, international players are extensively partnering with local players to gain dominance in local market.

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 Future Market Insights (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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

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Jumeirah Bay 2
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According to a recent market report by Future Market Insights (FMI), the worldwide automotive die casting lubricants market is anticipated to reach US$ 118.4 Mn in 2021, rising at a 4.1 percent CAGR over the assessment period. Global demand for automotive die casting lubricants increased 3.8 percent year over year (YoY) in 2021, reaching 28,138 tonnes, according to an analysis of the industry.

Rising automobile sales, backed by a growing urban population, will boost demand for automotive die casting lubricants over the forecast period. Furthermore, the growing trend of sustainability and a focus on energy-saving measures is projected to enhance sales of automobile die casting lubricants.

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There is a high demand for fuel-efficient and lightweight automobiles due to severe carbon emission regulations. As lightweight cars, aluminum, magnesium, zinc, and other non-ferrous materials are becoming increasingly significant in the automotive industry. The market for automotive die casting lubricants is predicted to grow as a result of these factors.

However, lightweight materials with good mechanical strength are comparatively more expensive than conventional materials. The high costs associated with these materials will impact the profit margins and hinder sales of automotive die casting lubricants in the forthcoming years.

FMI’s in-depth regional analysis projects the U.S. to dominate the North American die casting lubricants market, owing to the presence of key market players and robust automotive sector. Expanding at a 3.5% CAGR, the U.S. is anticipated to capture 91.0% of the North American die casting lubricants market share.

“Government-led initiatives encouraging the production and sales of electric vehicles, coupled with increasing research and development efforts to develop sustainable automotive die casting lubricant materials will continue augmenting market growth through 2031,” says the FMI analyst.

Key Takeaways from Automotive Die Casting Lubricants Market Study

• Based on lubricant type, die casting lubricants will dominate the segment, holding 94% of the total revenue generated.
• Sales of water-based lubricants is projected to grow at a 4.3% CAGR.
• Aluminum will emerge as the most-preferred material type, accounting for 75% of the total market share.
• The U.S. will continue dominating the North American automotive die casting lubricants market, growing at a 3.5% CAGR.
• China will emerge as an attractive automotive die casting lubricants market, reaching a valuation of US$ 31.5 Mn in 2021.
• Germany will continue witnessing high demand for automotive die casting lubricants, accounting for 28% of the European market share.

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Automotive Die Casting Lubricants Market: Participant Insights                      

Henkel AG & Co. KGaA, Chem-Trend LP, Quaker Houghton Inc., Moresco Corp., The Hill, and Griffith Company, Geiger + Co. Schmierstoff-Chemie GmbH,   Ultraseal India Pvt. Ltd, CHEMTOOL INCORPORATED, Condat SA, Hardcastle Petrofer Pvt. Ltd,  Sunocs LLC, J&S Chemical Corporation, Lubgraf Synoils Pvt. Ltd., Aoki Science Institute Co., Ltd, Falcon Industrial Inc, Lafrance Manufacturing, Marbo Italia spa, Sunrise Chemtech Pvt. Ltd, Acme Refining LLC are some of the leading players operating in the global automotive die casting lubricants market.

As per FMI, top 5 players comprise Henkel AG & Co. KGaA, Quaker Houghton Inc., Moresco Corp., Condat SA, and Chemtool Incorporated, accounting for approximately 50-60% of the total market share.

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According to latest research by Future Market Insights, Growth in Amino Acid sales due to rising demand from several end use industries like Animal feed, food and dietary supplements and pharmaceutical sectors to boost the demand for Acetyl serine.

This is owing to the application of this product in synthesis of common amino acids. Hence demand is all set to witness significant market rise during the forecast period, at a projected CAGR of 4-6% during 2021-2031.

What Factor is Driving Demand for Acetyl Serine?

Evolving demand form end use industries such Animal feed additives, food and dietary supplements, and pharmaceutical is likely to provide momentum to acetyl serine sales.

Growing consumption of meat along with the need to keep animals healthy & safe for meat production promotes the need for additives in aquaculture, poultry and other animal based products. This in turn is expected to drive the sales for assessment period 2021-2031.

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In Addition, due to shifting consumer preferences towards healthy diet and growing urban population, there is increase in demand for dietary supplements such as Vitamins, Minerals, Botanicals, Amino Acids, Enzymes, and Probiotics etc.

The demand for these products is providing significant growth opportunities for acetyl serine consumption, given the fact that it is a key ingredient used in manufacturing of such supplements. Moreover, Pharmaceuticals is also proving itself as a lucrative market for acetyl Serine owing to its application in synthesis of specialty drugs and medicines.

Growing Awareness Towards Healthy Diet and Increasing Demand for Nutraceuticals Expected to Augment Sales

Due to growing awareness about benefits of healthy food and necessary dietary supplements among the consumers creating robust demand for various dietary supplements which in turn creating significant demand for the ingredients used in their synthesis like acetyl serine.

Consumption of dietary supplements is likely to increase in near future due to promotion of health and fitness activities and various technological advancements like fitness tracker, heart rate monitor etc. which will create robust opportunities for its volume to grow at a significant rate during the forecast period.

In addition, aging population in order to maintain their good health and quality of life consuming supplements as per their needs in order to compensate various changes in their bodies due to aging.

However, high cost of dietary supplements and their ingredients including acetyl serine remains a longstanding challenge for its manufacturers to overcome during the forecast period from 2021 to 2031.

China and Japan Acetyl Serine Market outlook

China creates robust demand for meat and other animal based product in order to cater such a vast population, which in turn creates robust opportunities for the domestic and global manufacturer to grow in the region.

In addition looking at current scenario the pharmaceutical industry is expected to grow at remarkable rate in the near future especially in countries having high research and development activities including China, Japan, US, Russia, and various others.

Japan is well known for its cutting edge production facilities and growing research and development activities which helps the manufacturers to cater the market with new and innovative products.

Europe Demand Outlook for Acetyl Serine

Growing awareness in the population towards sports and fitness activities makes Europe a lucrative market for dietary supplements which in turns promotes market growth in Europe.

In addition, Europe accounts for one largest market for pharmaceutical industry with countries like Germany, Italy, France, UK, and others being on top owing to developing research and development activities in Europe which can also create ample of opportunities.

In addition, Product also finds various applications under animal feed additives. European Animal feed additives demand is rising from past few years due to rising awareness about the quality of animal derived products among the consumers.

The stringent regulatory scenario governing the health and safety of farmed animals also helps create demand for feed additives and thus propel demand for such products.

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Who are the Manufacturers and Suppliers of Acetyl Serine?

Some of the leading manufacturers and suppliers includes

• Merck KGaA
• Guanzhou LES Biological Company Limited
• Alfa Aesar ( Thermo Fisher Scientific)
• Shanghai Hanhong Scientific Company Ltd.
• Energy Chemicals Shanghai
• Bide Pharmatech Limited
• Kyowa Hakko Bio Co. Ltd.
• Others

Manufacturers are prominently engaged in research and development activities to provide cutting edge technologies for production with acetyl serine and innovative products to cater diversified demand from multiple end use industries.

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 an 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 Future Market Insights (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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

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According to the latest research study published by Future Market Insights, Epoxy Paint Thinner market is set to witness steady growth during 2021-2031. Demand for Epoxy Paint Thinner is projected to witness quick recovery once the pandemic related restrictions are eased, and have a promising growth outlook in the long-term.

Increased demand from key end user industries including building & construction to boost the sales of in upcoming future. The market is estimated to progress at a CAGR of 4-5% during the forecast period of 2021-2031

What is Driving Demand for Epoxy Paint Thinner?

Increasing investments in buildings and construction in developing countries is anticipated to bolster the demand of epoxy paint thinner during the forecast period. Furthermore, increasing urbanization and rising need for housing is further projected to drive the sales of epoxy paint in upcoming years, thus helping market growth.

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Rising industrial activities in developing regions is expected to increase the demand for epoxy coatings which in turn is anticipated to positively impact the sales. The market is fairly fragmented and the intensity of competition is high, which is the prime challenge for manufacturers in the market.

Stringent regulations related to utilization of harmful chemicals and solvents in developed regions including North America and Europe is expected to restrain the growth of the epoxy paint thinner market to some extent however.

Construction Industry Recovery Likely to Boost Epoxy Paint Thinner Sales

Construction industry has been severely impacted by COVID-19 pandemic in all major economies of the world. Various major projects and investments in the construction industry have been halted or postponed.

Many major governments have taken action to control ongoing Covid-19 pandemic including social distancing, lockdowns etc., which have resulted in a slowdown of the construction industry both from the supply side as well as demand side.

The epoxy paint thinner market is expected to gain traction within short span of time however as resumption of construction activity begins and in view of increased government initiatives to recover economic crisis.

U.S. Epoxy Paint Thinner Market Outlook

Housing recovery and increasing demand from decorative paints & coatings is estimated to drive sales in the residential construction sector. This, in turn, is expected to propel the demand for epoxy paint thinner market in the U.S. over the forecast period.

Since 2009, housing demand has significantly outstripped supply in some areas. Increasing home prices and rents point towards and economic recovery, a trend that will continue in the future in the absence of any imminent policy changes.

With a large part of the country inoculated as part of a sweeping vaccination program, the US economy is quickly reopening and looking to gain lost ground during the pandemic time.

Europe Demand Outlook for Epoxy Paint Thinner

Europe is one of the prominent market for automotive industry and a prominent hub of OEM suppliers. However, shift of automotive components manufacturing from Europe to Asia-Pacific is anticipated to have an impact on sales in the near term. Europe construction industry is comparatively mature than most other regions.

Construction materials such as epoxy paints are prominently used for renovation activities than for new constructions, driving demand for epoxy paint thinner.

Most European countries have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. Owing to these factors, Europe is anticipated to grow at steady rate throughout the forecast period.

Weakness in automotive and construction sector during the Covid-19 pandemic period is anticipated to slow down demand; however, refocus on construction and infrastructure development will remain key to steady demand in the long run.

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Who are the Key Manufacturers and Suppliers?

Some of the leading manufacturers and suppliers of Epoxy Paint Thinner include

• Commercial Alcohols
• Warner Graham Company
• Dow Chemical
• BASF
• SABIC
• INEOS
• Sasol
• Formosa Chemicals & Fiber Corporation
• Cepsa Quimica
• Others

Prominent manufacturers are focusing on expansion and have longstanding contracts with end-users to ensure long term supply. Furthermore, manufacturers are concentrating on innovation in technologies required for the production of thinners to increase efficiency of manufacturing processes, leading to significant productivity as well as high quality of products.

The global market is a highly fragmented market, owing to the presence of signifcant number of players in the global market. Major players are in the quest of adopting emerging business model such as collaboration with the small players in order to maintain their dominance.

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 Future Market Insights (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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
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The growing demand for metals across various industrial sectors is one of the leading driving factor of the global rockbreakers market. The mining sector has seen the significant growth in past few years and it is expected to persist in upcoming years.

Growth is anticipated in the upcoming years due to the mining industry’s rising demand. In addition to mining, the construction industry uses rockbreakers.

Demand in the sector is anticipated to increase, primarily as a result of increased investment in commercial and residential construction. According to a Future Market Insights (FMI) study, the global market for rockbreakers is anticipated to expand between 2021 and 2031 at a CAGR of 5.9 percent.

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Key Takeaways of Global Rockbreakers Market Study

•  After a period of temporary lull, the rockbreakers market will recover exhibiting a little below 5% y-o-y growth in 2021
• Increasing mining activities will boost sales in the U.S., enabling it to account for over 69% of the North America market
• The U.K. will exhibit a steady 4.6% y-o-y growth in 2021
• Increasing construction activities will fuel demand in Germany and France
• China will exhibit increasing demand on the back of rising mining activities

“Continuously growing demand from mining sector is expected to drive the rockbreakers market throughout the forecast period. The demand from construction industry will also play pivotal role in the growth exhibited during the forecast period. Long term supply agreement with regional construction contractors and governmental agencies will provide opportunities to rockbreaking system manufacturers in the forecast period.” says an FMI Analyst.

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Competitive Analysis:

The global rockbreakers market has been identified as a highly fragmented market on the back of presence of large number of market participants operating in the market. The leading players account for nearly 15% share in the global market. Some of the leading players in the market are Orica Limited, Enaex S.A, Dyno Nobel, Exsa S.A. Maxam corp Holdings, Sandvik, Furukawa, ASTEC Industries, Sichuan Yahua Industrial Group Co., Ltd, BME Mining, Hanwha Corporation, and Eurenco S.A. These players are focusing on expansion of their product portfolio and establishing long term supply agreements with key end users to attain higher market revenue shares.

Rockbreakers market is estimated to witness sound growth during 2021-2031. Manufacturers are expected to concentrate further on research and development activities to develop new and innovative products that meet personalized requirements of consumers along with improved efficiency and durability. Expansion of sales and distributor network, collaborations with regional companies to expand footprint in regional market are seen as a key strategies expected to magnify in the forecast period.

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For the synthesis of zeolites and other related crystalline substances, inorganic ions sources are required to structure the framework of atoms along with an additive and a solvent. Without additive, a specific structure of the zeolite or any crystalline substances cannot be obtained. This additive is termed as Structure Directing Agent (SDA) and is also known as template.

For a specific structure to be obtained a specific structure directing agents are essential. Moreover, the template have a specific structure directing ability for that particular structure. Although, the proper role of structure directing agents are very complicated and very difficult to understand, the size, geometric structure and charge distribution of a template are estimated to remain the cause for structure directing.

Structure Directing Agents further require very complex manufacturing process to get the proper molecular arrangement in the template and it also requires high purity level to achieve the property of structure directing.

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Some of the structure directing agents includes tetraethylammoniumhydroxide, tetrapropylammonium hydroxide, morpholine, pyridine, isopropylamine, N-methyldiethanolamine (MDEA) and many others. Certain surfactants also acts as structure directing agents for the production of zeolites and other related crystalline materials.

Structure Directing Agents Market: Dynamics

With significantly growing demand of zeolite from various industries including chemicals and oil & gas refineries and many other industries, the market ofstructure directing agents is anticipated to grow with a considerable growth rate during the assessment period.

With growing requirement of a specific structure of crystalline materials, the global structure directing agents market is expected to be benefited owing to its special properties of structure directing. Growth of catalysts is parallel to the growth of chemical industry.

Growing catalyst industries are also expected to spur the demand of structure directing agents in the coming years as several catalyst requires a specific structure for their applications.

However, safety standards and government norms and regulations related to the hazards generated from the production, transportation and utilization of synthetic chemicals are also applied in the case of structure directing agents, wherein its controlled production and usage might affect the overall market of structure directing agents.

Further, the complex manufacturing process of the structure directing agents makes it difficult for production and may cause price rise which is anticipated to impact the global structure directing agents market negatively.

Structure Directing Agents Market: COVID-19 Impact Assessment

With the ongoing Covid-19 Pandemic crisisalong with acute lockdowns, the global economy along with the performance of the industries has been intensely impacted to a considerable extent due to the disruption in the supply chain and reduce in the demand in the year 2020.

The same trend also has been observed for the chemical industries including that of structure directing agents, wherein reduction in the production of zeolites and other crystalline substances is observed in the year 2020 and has negatively impacted the global structure directing agents market.

However, with the initiatives taken by the regional governments for the economic recovery and revival of the performance of the industries, structure directing agents market is anticipated to grow at significant rate during the forecast period.

Which trend/segment to impact more?

Organic Structure Directing Agents are expected to remain the prominent segment over the forecast period in terms of type owing to its crucial role in the production of zeolites. As per regional perspective, East Asia to remain the most lucrative market for structure directing agents market owing to substantial growth of several end use industries.

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Structure Directing Agents Market: Regional Outlook

East Asia is anticipated to dominate the global structure directing agents market and is expected to continue its dominance over forecast period owing to strong growth of chemical, zeolite and other related catalysts in the region.

Moreover, presence of prominent market participants in the region benefit the supply and costing of structure directing agents. North America is expected to remain another key region for the coming years due to the strong presence of the chemical industries, oil & gas and other industries which have high consumption rate of zeolites and other catalyst.

On the back of this, the structure directing agents market is anticipated to grow at significant rate in the region. Europe is expected to grow with a moderate growth rate in the coming years owing to stringent government norms related to the chemical industries.

South Asia and Pacific is also expected to observe a significant growth rate for the market of structure directing agents on the back of presence of strong chemical hub in countries such as India, Thailand, Malaysia and Indonesia.

Latin America and Middle East and Africa regions are estimated hold comparatively lower share and to grow with low to moderate growth rate, however, with the increasing industrialization and research and developments in these regions is expectedto lead to market penetration and thereby benefit the growth of structure directing agents in upcoming future.

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Structure Directing Agents Market: Key Participants

List of some of the prominent market participants in the global Structure Directing Agents business, identified across the value chain include:

• SACHEM, INC.
• TatvaChintan Pharma Chem Private Limited
• Merck KGaA
• Otto ChemiePvt Ltd
• Alfa Aesar
• TCI Chemical

The research report on the Structure Directing Agents global market presents detail evaluation which consist of thoughtful insights, historical data and forecasted values along with facts and figures, statistically supported and industrial validated market information.

The Structure Directing Agents market report also consist of projections using a suitable sets of assumptions and methodologies. The report further provides analysis and information according to market segments such as geography, type, applications and end use industry.

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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 favour 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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Acid Orange is also known as organic sodium salt that is the disodium salt of 7-hydroxy-8-[(E)-phenyldiazenyl] naphthalene-1, 3-disulfonic acid. Acid orange is basically an azo compound which is combined with yellow dyes in alcoholic solution to stain erythrocytes in trichrome methods.

In terms of physical properties, acid orange is available in powder or in orange crystals form and soluble in water and with strong oxidizing agents. With this significant properties, acid orange is applicable in the biological applications for detecting lung cancer metastasis, ophthalmic devices, measuring glycated proteins, and among others.

Furthermore, acid orange finds key applications in many end use industries such as dyes, ink, cosmetics, textiles and many more. Application of acid orange varies with respect to end use industries based upon color index of the product.

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Global Acid Orange Market: Market Dynamics

The market of acid orange is anticipated to witness a steady growth over the coming years. Developing countries across the world such as India, China, and ASEAN countries have been key factors due to the increase in overall demand for acid orange in the last couple of years.

Growing demand from chemical industry owing to the increasing importance of acid orange as an intermediate for multiple chemical process is expected to drive the demand for acid orange in the coming years as well.

The key functional restraint of acid orange is its incompatibility of reacting with strong oxidizing agents which can hamper the market growth in the near future. Also, rising number of environmental regulations over emissions especially related to solvent solubility has decreased the demand for acid orange market in some of the countries.

Rising industrial activities and growth in consumer production, food & beverages has boosted the demand for acid orange positively in the coming assessment period. The demand for pharmaceuticals is estimated up rise owing to the increasing use of acid orange.

COVID-19 crisis impact

Globally, interruption in industrial and trade activity owing to COVID-19 impacted countries is anticipated to result in a drastic change in economic growth of individual region and on a global level as well. Cancellation or extension of industrial projects, employee furloughs, investment cuts, and lack of cash flow is expected to result in significant plunge in the chemical industry and the global economy.

Across the globe, chemical manufacturers and end users experienced two types of recovery in their business such as V-shaped recovery, in this scenario demand is recovered as quickly as it dropped. By the onset of holiday season much of economic activity would resume with lifting of trade restrictions and factory output across the world would gradually returned to normal by the fourth quarter.

In the U-shaped recovery, demand is stall further in the second & third quarter of the year. A prolonged lockdown of economic activities in many countries would impact employment rates, and most likely need much wider intervention from government stimulus measures.

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Global Acid Orange Market: Regional Outlook

Globally, East Asia region estimated to hold more than one third of the acid orange market value and volume market share across the globe and is anticipated to dominate the same in the coming assessment period. The growth of acid orange market in the Asia Pacific region is expected to be led by growing industrial activities since last decade and demand for high quality finished food products.

In addition to this, growth for end use industries is gaining traction from last couple of decade which is expected to add positive growth in the coming forecast period. Thus, increasing number of industrial facilities for food & beverages in Asia Pacific region is expected to boost the acid orange market demand in the coming forecast period.

Furthermore, acid orange market is anticipated to account for significant growth in the North America region followed by Europe region. Some of the key factors on which market growth depends such as presence of end use industries in region results generating factor for acid orange market growth in the region.

Also, favorable regional policies towards the manufacturers and trade facilities connected with region enacted to boost the further growth among industrial sector to recover economic growth which is expected to act as key driving factor for increasing overall product demand.

Europe region is anticipated to witness for moderate growth as compared to North America region owing to stringent regulation and less capital investment in industrial manufacturing activities is expected to boost the acid orange demand in the coming forecast period.

Which trend/ segment to impact more?

Among the segments, the consumer goods and food & beverages segment is expected to boost the market growth in the coming forecast period owing to increasing application of acid orange. Furthermore, based on the solubility segment, aqueous solution segment is expected to experience lucrative growth as compared to solvent segment owing to economic price as compared to solvent segment.

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Global Acid Orange Market: Industry Participants

The acid orange market is estimated to be fairly fragmented owing to the number of players in the international market. Few of them are identified across the value chain which is –

• Vinayak Ingredients (India) Pvt. Ltd.
• MITSUBISHI CHEMICAL CORPORATION
• Tokyo Chemical Industry Co. Ltd.
• Shramik Chemicals
• Krishna Dyestuff Company
• Ciech S.A.
• Kanto Corporation
• Megha International
• MAYUR DYE CHEM
• Asim Products
• Nitin Dye Chem Pvt. Ltd.
• Aeromax Industries
• MAGNIL DYE CHEM
• Henan Tianfu Chemical Co.,
• Sterling Pigments & Chemicals
• Merck KGaA
• MAGNIL DYE CHEM

The research report on Acid orange market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Acid orange market report also contains projections using a suitable set of assumptions and methodologies.

The research report on Acid orange market provides analysis and information according to market segments such as of product type, by solubility and by application.

About Future Market Insights (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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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