Christmas Tree Valves market is Projected to total US$ 3.5 Bn by 2027 | FMI

Sales in the global Christmas tree valves market are slated to top US$ 2.8 Bn in 2021. Expanding at a healthy 3.8% CAGR, the market size is projected to total US$ 3.5 Bn by 2027.

These valves witness high demand from both onshore as well as offshore applications in the oil & gas industry. The global demand for Christmas Tree Valves is predominantly driven by the increase in remote drilling operations, and offshore exploration, drilling and production operations.

With recovery in crude oil prices post the crisis in 2017, the oil & gas industry has once again been gaining momentum. This has been creating opportunities for equipment and components, such as Christmas Tree Valves, that find application in the oil & gas sector. The installation of a Christmas Tree Valve depends upon the oil & gas and the operating conditions.

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Increasing investments in alternative or renewable sources of energy such as solar and wind energy are expected to negatively impact the oil & gas industry and subsequently, the adoption of Christmas Tree Valves, specifically in developed regions such as the European Union. The establishment of new manufacturing units and distribution centres for Christmas Tree Valves, coupled with increasing investments in Thailand, India, Indonesia, Malaysia, Argentina, Brazil and Nigeria, is expected to provide impetus to the growth of the market in the coming years.

On the basis of the type of Christmas Tree Valve, automatic valves are expected to account for nearly an 80.5% market share in terms of value by the end of the forecast period. Among the different applications of Christmas Tree Valves, the onshore oil and gas industry is expected to hold a substantial share and account for US$ 3,316.2 Mn by the end of 2027. The demand for Christmas Tree Valves in onshore application is anticipated to witness rapid growth in China and emerging countries from APEC.

As of 2018, North America is a lucrative market for Christmas Tree Valves and the region is expected to account for over a 39% market share by 2027. In addition, advancements in valve technology, material selection and remote oil and gas operations are expected to drive the demand for Christmas Tree Valves in North America, APEC and China.

The increasing demand for Christmas Tree Valves is expected to create opportunities for manufacturers to gain new orders in the coming years. With the aim of business expansion and enhancing sales, players in the market are seeking strategic collaborations with regional suppliers and distributors.

Some of the noteworthy players identified in the Christmas Tree Valves market are Schlumberger Limited, TechnipFMC Plc, Aker Solutions, Dril-Quip, Inc., General Electric (Baker Hughes), Worldwide Oilfield Machine, Stream-Flo Industries Ltd, National Oilwell Varco, Kingsa Industries and The Weir Group PLC. Players in the Christmas Tree Valves market face intense competition, specifically from the numerous regional players operating around the globe.

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The global Christmas Tree Valves market is expected to register a value CAGR of 3.7% during the forecast period. It is estimated to create an absolute $ opportunity worth US$ 996.2 Mn between 2018 and 2027. Among all regions, China, APEC and North America are expected to witness high adoption of Christmas Tree Valves with CAGRs of 4.3%, 4.1% and 3.7% respectively during the forecast period. Countries such as Thailand, India, Argentina and Indonesia are expected to further drive sales over the assessment period.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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Solar Pumps Market Expected to Advance at a CAGR of 12% by 2029 | FMI

The solar pumps market is likely to cross the one billion mark in 2019, and grow notably at a CAGR of ~12% during the forecast period of 2019-2029. This growth is significantly driven by significant reduction in prices of solar pumps, solar panels, and power systems, along with the cost-effective installation process.

FMI has released a new market research study on the solar pumps market that includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the solar pumps market and provides critical insights for the forecast period of 2019-2029. As per the study, the solar pumps market is projected to experience generous growth throughout the forecast period due to several governmental policies and regulations, and increasing dependency on renewable source of energy.

  • The solar pumps market size in 2019 is estimated to be valued at ~US$ 1 Bn.
  • The solar pumps market is estimated to grow at a CAGR of ~12% during the forecast period of 2019-2029.

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South Asia to Offer New Lucrative Opportunities

South Asia is expected to show substantial upsurge in the solar pumps market owing to the high operating costs of diesel motors and non-reliable energy distribution in countries, such as India, Thailand, and Malaysia. The region accounts for a maximum number of villages, which are deprived of electricity and lag access to the grid electricity. India is expected to witness substantial growth in the solar pumps market, owing to the cost-effectiveness and operational efficiency of solar pumps.

Moreover, solar pumps reduce irrigation and electrification costs. ASEAN countries are projected to hold a significant share in the solar pumps market, on the account of increasing focus on low carbon emission in these countries. Rapid inclination of aforementioned countries towards installations of solar pumps is creating further opportunities for the market players.

Solar Pumps Market: Vendor Insights

The report highpoints some of the prominent market players, who have established themselves as global leaders in the solar pumps market. Few examples of key players in the market are KSB SE & Co. KGaA, Kirloskar Brothers Limited, Grundfos, Franklin Electric, BW Solar (Waterboy), Shakti Pumps (India) Ltd., Stanley Black & Decker, Inc.,  Glynncorp Electrical, and Bernt Lorentz GmbH & Co. KG, among others.The global solar pumps market is significantly prominent, by some players holding prominent shares of the market. Tier-1 players are focusing on mergers, acquisitions, and joint ventures with local market players and deploying advanced 4HP and 4HP-6HP solar pumps to achieve positive traction and healthy competitive edge over its competitors.

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Supportive Governmental Policies Propelling the Market Growth

The global solar pumps market has been segmented based on the product, capacity, applications, and regions, such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa.

  • Government authorities and NGOs associated with the promotion of renewable energy have succeeded to offer greater support to solar pump buyers through banking and financial institutions to offset the market restraints of high capital cost.The organizations involved, are taking collective measures to facilitate the flow of funds into solar projects, aggregate the demand within countries, standardize asset-structuring across countries, and establish an ecosystem of financial instruments to mitigate some of the investment risks. Adding to this, the funds for research & development (R&D) are also rising, which will help commercialize models and make them available for larger public use. As a result, the solar pumps market is expected to grow notably during the forecast period.
  • The solar water pumps market in India and other developing countries is primarily driven by both national and state-level government schemes addressing irrigation and rural drinking water requirements.The government offers subsidy schemes to help individuals and organizations procure these solar energy systems at reduced capital cost, which is a major driver for the marker as the cost of installing solar pumps is relatively very high when compared to the capital required for installing conventional pumps. This, in turn, is expected to drive the solar pumps market during the forecast period.
  • Governments worldwide are actively encouraging the usage of solar pumps to replace diesel and electricity-based pumps to move away from non-renewable energy sources and reduce the carbon footprint, ultimately promoting climate change. Developing countries, such as India, China, Bangladesh, and Australia are expected to emerge as game changers owing to their emission pattern. This factor might lead to a positive impact on the solar pumps market growth.

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Market Segmentation

By Capacity

  • Below 4 HP
  • 4-6 HP
  • 6-8 HP
  • Above 8 HP

By Product Type

  • Submersible
  • AC
  • DC
  • Surface
  • AC
  • DC

By Application

  • Farming
  • Irrigation
  • Livestock
  • Aquaculture
  • Residential
  • Building
  • Drinking
  • Commercial
  • Swimming Pool
  • Pond Management
  • National Parks
  • Industry Water Treatment

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Intelligent Pigging Services Market is Anticipated to Expand at a CAGR of 6% by 2029 | FMI

The study observes the intelligent pigging services market and offers thorough insights for the forecast period of 2019-2029. The intelligent pigging services market was valued at ~US$ 537 Mn in 2018 and is anticipated to expand at a CAGR of ~6% during the forecast period of 2019-2029.

According to the analysis and study done in the report, the global intelligent pigging services market is anticipated to observe prominent progress, due to high advancements in the inspection technologies.

The latest market research study by Future Market Insights on intelligent pigging services includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029. The intelligent pigging services market has high potential to develop in regions such as North America, Eastern Europe, and the Middle East and Africa. North America and Western Europe have stringent pipeline safety regulations to protect the environment and avoid the business discontinuity, thereby potentially raising the demand for intelligent pigging services.

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Most of the regulatory authorities across the globe lay emphasis on the regular maintenance and inspection of the oil and gas pipelines. This is due to the fact that regular supply is the key to ensure stable economic growth. The original equipment manufacturers (OEMs) and vendors are constantly investing in research and development to improve the pipeline and maintenance procedures.

The advanced intelligent pigging technologies enable efficient diagnosis of flaws in the pipeline such as deformation and multi data to locate dents, corrosion and seam defects, which are being used by pipeline operators. Rapid industrialization across the globe is driving the consumption of petroleum, which will simultaneously drive the demand for intelligent pigging services.

Implementation of in-line pigging services based on MFL, UT, and EMAT technologies requires substantial capital investment, which hampers the adoption especially in developing economies such as India and ASEAN countries. According to the FMI analysis, the average pricing of intelligent pigging technologies such as MFL and UT is anticipated to increase by approximately 5%–7% on y-o-y basis over the next 10 years.

Due to this high costs involved in the intelligent pigging services, various pipeline operators opt for different alternatives, which are cost-effective as compared to smart or intelligent pigging services. This is inhibiting the growth of the intelligent pigging services market globally to some extent.

North America Region to Offer Significant Growth Opportunities for Market Players

With growing technological progression and advancements in the electronic systems over the years, various original equipment manufacturers offer smaller intelligent pigs as compared to conventionally used pigs, equipped with sophisticated and small size electronic systems. This will increase the profitability of easy maintenance of pipelines with smaller diameter.

For the global intelligent pigging services market, North America is anticipated to be a prominent region throughout the forecast period, owing to the stable growth of petroleum consumption. Increasing adoption of intelligent pigging services in Eastern Europe and the Middle East and Africa along with North America and Latin America are anticipated to provide lucrative growth opportunities for the market players.

Magnetic Flux Leakage Technology Expected to Remain Prominent

The division of the global intelligent pigging services market has been done on the basis of technology and end use along with seven regions.

  • On the basis of technology, the magnetic flux leakage technology is anticipated to remain prominent in the forthcoming years. Ultrasonic test is also anticipated to project relatively high growth over the forecast period.
  • The ultrasonic test technology has noteworthy benefits where a transducer emits an ultrasonic sound that travels in the pipeline wall. The thickness of the wall is determined by calculating the time consumed for an echo of the ultrasonic sound to return to the sensors. Pigs, which are based on UT technology, require a liquid medium in order to travel through the pipeline.

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Intelligent Pigging Services Market: Segmentation

Technology

  • Magnetic Flux Leakage
  • Ultrasonic Test

End Use

  • Oil
  • Gas

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Intelligent Pigging Services Market: Vendor Insights

The global intelligent pigging services report highlights on some of the major industry players in the global market. Some of the examples of key players in the market are T.D. Williamson, Inc., LIN SCAN, GE Oil and Gas (PII Pipeline Solutions), Baker Hughes Incorporated, Enduro Pipeline Services Inc., NDT Global, OMV Group, Petrobras, Royal Dutch Shell PLC,and ConocoPhillips,among others.

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Plaster Accelerator Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to latest research conducted on plaster accelerator market, it is expected to register a CAGR of over 6-7% during the forecast period 2021-2031. Major factors driving the market are increasing demand from residential & commercial construction, and infrastructure segment.

However, high product cost and unfavourable conditions arising due to the COVID-19 outbreak are the major factors hindering the growth of the market in the terms of production.

Who are the Key Manufacturers and Suppliers of Plaster Accelerator?

The plaster accelerator market is diverse. Some of the key companies in the market include

  • Qingdao Yuyin Chemicals Co Ltd
  • Kalyan Industries
  • Vijaya Building materials
  • Calder Industrial Materials Ltd
  • Manningham Concrete
  • USG corporation
  • Shanghai Landytop Gypsum Machinery Co ltd
  • Egger
  • Eazymix
  • Gyprock
  • CEMEX group and Fibrehand plaster suppliers Ltd.

These are some key manufactures which contributes the major part to the market and drives the demand in market.

What is Driving Demand for Plaster Accelerator?

Plaster accelerators find significant end use in construction sector. These are specialty construction chemicals which are mixed with plaster powder. These accelerators help in quick setting or hardening of plaster. Rapid growing construction industry requires such chemicals. One of the major benefits of using these chemicals its saves time which can be utilised in other activities and speed up the setting time of plaster.

Time saving and cost saving chemicals are in demand as it adds extra benefits to segment. Population, economy, infrastructure are the major driving factors for this market. The non-residential sectors include airports, railway stations etc which requires strong and quick solutions like these accelerators.

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Demand & Role of Plaster Accelerator

Plaster accelerators are special chemicals which can be added to any plasters to speed up the setting time. In the majority cases fast hardening of plasters is required and for that purpose these chemicals are used.

There are certain scenarios – like high-speed production line castings, slush moulding applications and very small minute-piece castings. It is a granular chemical which can be mixed with the gauging water before adding to plaster powder. It is a special chemical additive which is being used with finishing plaster.

The special additive speeds up the curing process of the plaster. These helps in speeding up the chemical crystal formation that causes plaster to set or harden in short time of period rather than the normal setting period. Therefore, it is recommended for shortening the setting time of finishing plaster. The market is growing as this is extensively used in construction industry and given the growth in urban construction, its demand is set to prosper in the upcoming decade.

Asia Pacific Demand Market Outlook for Plaster Accelerator

The growth of the economies across the APAC region has increased the demand for residential as well as construction sector which has propelled the demand for plaster accelerator. The widespread use of accelerator as a chemical in the construction process stimulated the growth of the market.

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India, China and other countries are focusing on superior infrastructure and construction segment as it attracts the foreign investments which will eventually end up in growth of the overall sector and will open the new opportunities for this market. Asia dominates the market as there is increasing demand for construction of residences, offices airports, roads and other infrastructure. India, China, ASEAN nations are the major countries of APAC region owing to the growing infrastructure needs in the region.

Europe Demand Outlook for Plaster Accelerator

Increasing demand from construction and infrastructure activities in Europe is expected to drive demand for plaster accelerators and building plaster. There is a significant increase has been observed in the repair and maintenance of residential building in the Europe which is expected to drive demand for accelerators.

Infrastructure is something which comes up with new concepts and plays a major role in tourism which eventually contributes to the growth of any nation. Thus, boom in construction and infrastructure will increase the demand of accelerators.

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.

Key Segments

By Application:

  • Gypsum Plaster
  • Non Gypsum Plaster

By Application:

  • Residential
  • Commercial
  • Industrial
  • Infrastrcuture

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa

About FMI

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

Contact:

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Report: https://www.futuremarketinsights.com/reports/plaster-accelerator-market
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Naphthol AS-IRG Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to the latest research, the demand for Naphthol AS-IRG is anticipated to grow with a compelling growth rate of about 3.0% to 5.0% in between the coming assessment period of 2021-2031. Naphthol AS-IRG is used as intermediate for the manufacture of organic pigments, pigment yellow 83 and azoic dye. Naphthol AS-IRG also known as 2′,5′-DIMETHOXY-4′-CHLORO-ACETOACETANILIDE its molecular formula is C12H14O4CLN.

Azoic dyes are used for producing bright shade of color such as orange, red, navy blue, and black color. Acetoacetanilide is a co-promoter for unsaturated polyesters and is used in agricultural chemicals, coating materials, dyes, and pigments. Agrochemicals, dyes, pigments, pharmaceuticals, including vitamins, and stabilizer for PVC and polyester are among the many uses for diketene derivatives.

Who are the Key Manufacturers and Suppliers?

Some of the leading manufacturers and suppliers include

  • Vipul organics
  • Qingdao Longyuntong Corporation
  • Jiangsu Tianbo Chemical Co.Ltd.
  • PRAVIN DYECHEM PVT. LTD
  • Laxmi Organic Industries Limited
  • and many others.

The Naphthol AS-IRG market is growing steadily, and with the growing number of opportunities key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale. Significant growth of the pigments industry and organic and inorganic industry in countries such as China and India drive the industrial sector market in the Asian-pacific region.

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What is Driving Demand for Naphthol AS-IRG?

The Major factors driving the market are the growing demands coming from the dyes and pigments industry. Naphthol AS-IRG suitable for textile dyeing and printing, pigment manufacturing, and tie and dye Industries. Some of the phenolic chemicals manufactured are used as key ingredients for various dye intermediates and pigments used in synthesis of active pharmaceutical ingredients such as Medodrine. It is also used as an intermediate for plastic additives and dyes (yellow pigment).

Because of the expanding application in the building and paint sectors, the inorganic pigments market is likely to rise significantly. The inorganic pigments market is driven by urbanisation and increasing development in construction activities, particularly in emerging nations. Furthermore, the increased use of inorganic pigments as colorants in the plastics industry is fueling market expansion.

Growth of Azo Pigments industry boost the market and increasing demand of Naphthol AS-IRG

One of the important segments for using the Naphthol AS-IRG is in the field of azo pigments industry. The worldwide azo pigments market has been developing due to increased demand for azo pigments in various industries. Azo pigments are widely used in plastics, paints and varnishes, textiles, rubbers, food, and printing inks. Since the last few years, the market has been gradually growing.

Plastics are one of the most common uses for azo pigments. Plastic is used in the manufacture of a wide range of products nowadays. Because of the physical qualities of azo pigments, their demand in the plastic industry is significant. The worldwide azo pigments market is benefiting from the rapid growth of the plastics sector.

Paints are another important industry in which azo pigments are widely used. Azo pigments are utilised in both artistic and commercial paint applications. With the growing need for dyes and pigments, the Naphthol AS-IRG market is expanding rapidly.

APAC Naphthol AS-IRG Market Outlook

In terms of producing and supplying organic pigments, Asia Pacific is the largest market. The market has grown as a result of rising demand for organic pigments and government regulations requiring the use of eco-friendly products. This is the strongest regional market for industries like textiles, plastics, and construction, thus organic pigment makers are focusing their efforts here.

Because of the low manufacturing costs and opportunity to serve local emerging markets, businesses are also transferring their production base to APAC. The biggest organic pigments markets in the region include China, Japan, and India. In Asia Pacific, China is the largest producer and consumer of organic pigments. China and India are large producers of azo pigments and they are expected to dominate the market in the region over the forecast period.

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Europe and North America Market Outlook

North America and Europe are seeing increased demand for low-carbon products. The use of azo pigments in foods has been permitted by governments around the region. North America and Europe are expected to benefit from this.

Furthermore, the rapid growth of the packaging industry, combined with the increasing usage of organic pigments in food and commercial packaging applications, as well as increased demand for the product in paint and printing ink applications, is likely to boost regional market growth.

The Naphthol AS-IRG 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.

Key Segments

Application:

  • Wood Preservatives
  • Dyes & Pigments
  • Azoic Dyes
  • Others

By Region:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • Russia
    • Nordics
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia Pacific
    • India
    • ASEAN Countries
    • Oceania
    • Rest of South Asia Pacific
  • Middle East and Africa
    • GCC Countries
    • Turkey
    • Northern Africa
    • South Africa
    • Rest of MEA

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/naphthol-as-irg-market
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Tin Fluoborate Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to latest research, the demand for Tin Fluoborate market is anticipated to grow with a compelling growth rate of about 3.3% to 5.0% in between the coming assessment period of 2021-2031. The growing product demand in the automobile sector and kitchen ware are the driver for market of stannous Fluoborate.

Its molecular formula is Sn (BF4) 2.  Sn (BF4) 2 is a chemical that is used in electroplating, metal cleaning, and the production of diazo salts.

Who are the Key Manufacturers and Suppliers of Tin Fluoborate?

Some of the leading manufacturers and suppliers of Tin Fluoborate include

  • Harshil Industries
  • Mubychem Group
  • Kuntz Electroplating Inc.
  • Sharretts Plating Company, Inc.
  • Crest Chemicals (U.S.)
  • Lincoln Chemical Corporation (U.S.)

What is Driving Demand for Tin Fluoborate?

Tin Fluoborate is most commonly used as an electrolyte in electroplating for tin and also used for Lead-Tin plating with Lead Fluoroborate in PCB/Thin wall bearing. The global Tin Fluoborate market is seeing a surge in the use of electroplating in industries such as automobiles, aircraft, electronics, recreation, and agriculture.

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Metal cleaning solutions are utilized in both industrial and domestic applications. The growing usage of metals in equipment and heavy machinery across several end-use sectors such as automotive, aerospace, metallurgy, chemicals, oil & gas, pharmaceuticals, and food & beverage is driving the Metal Cleaning Chemicals Market.

Electroplating to Remain a key Segment for the Consumption of Tin Fluoborate

The market of tin fluoborate is expanding due to increased demand from various end-use industries. The electrical and electronics industry is predicted to have a significant part of the global market, since electroplating is one of the most significant processes for the manufacture of electronic components to improve electrical conductivity, corrosion resistance, and other properties.

Europe and North America Market Outlook

The market of North America is expected to expand at a steady rate over the forecast period, which can contribute to the increase in market demand for tin fluoborate. A positive outlook for automobile and mobiles will uplift the market for this region in the forecasted period.

In the North American electroplating market, the U.S. held the greatest share. Some of the key drivers supporting the expansion of the electroplating market in North America include the growing consumer electronics manufacturing sector.

Asia Pacific Demand Outlook for Tin Fluoborate

Asia-Pacific region is set to lead the Fluoborate market share during the forecast period of 2021 to 2031. The Metal Cleaning Chemicals Market was dominated by Asia-Pacific and is likely to remain the largest regional market during the forecast period.

The product market is being boosted by rising demand from end-use sectors such as automotive, electrical and electronics, chemicals, healthcare, oil and gas, and home care.

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Key Segments

By Application:

  • Electroplating
  • Metal Cleaning
  • Diazo Salts
  • Others

By End Use:

  • Automotive
  • Consumer Electronics
  • Jewelry
  • Industrial Components
  • Kitchenware Equipment
  • Others

By Region:

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

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/tin-fluoborate-market
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Potassium Fluoride Market Outlook, Current and Future Industry Landscape Analysis by 2031

As per a research conducted, sales of potassium fluoride is anticipated to grow with a CAGR of 3.0% to 5.0% during the coming assessment period of 2021 and 2031. The inorganic compound is one of the key source for fluorine ion for several applications.

The increasing demand of fluorine chemicals is a key factor driving growth of the market. It is also known commonly as potassium monofluoride.

What is Driving Consumption rate for Potassium Fluoride?

For the preparation of various organic chemicals, potassium monofluoride is used as a fluorinating agent to provide fluorine ions. The growing demand for organic chemical all over the globe is expected to benefit the sales volume.

In the industries of metallurgy, the compound is used as a flux for metal finishing applications including surface coatings in a metal, in tin plating and other applications. The growing demand for metal surface coatings and tin plating is also estimated to boost the market.

Further, the increasing sales of high quality glass is also expected to benefit the growth for the compound as it is used as flux for high quality glass manufacturing.

The inorganic compound can also be used in the production of agrochemicals including insecticides, pesticides and disinfections. The increasing consumption of agrochemicals and disinfectants is expected to provide considerable opportunities for the fluoride compound over the forecast period.

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Organic Chemical Industries are Expected to Boost the Sales of Potassium Fluoride

By Finkelstein and Halex reactions, potassium monofluoride is used to convert chloro-carbons to fluorocarbons in several chemical industries. The increasing demand for fluoride compounds for organic chemical production is estimated to benefit the market. This fluoride compound is used as fluorinating agents in the synthesis of various organic chemicals.

Potassium fluoride is also used as a catalyst and dehydrating agents as base in several organic chemicals’ reactions. The growing organic chemicals sales all over the globe is estimated to boost the consumption rate for the compound in the coming years.

Moreover, fluoride ion source are used for the study of ion specific de-swelling and swelling of certain polymeric gels. Research on oxidation of noble metals in hydrogen fluoride at room temperature is going on. These research activities are projected to bolster the application of fluoride compounds in the coming years.

U.S. and Canada Potassium Fluoride Market Outlook

Substantial development in the chemical industry especially organic chemical industry in U.S. and Canada is anticipated to maintain the growth rate of Potassium fluoride in these countries. Increasing demand for fluorinating compounds in the chemical industries in these countries is also expected to bolster the consumption in the coming years.

Significant growth in the metal industries is also anticipated to benefit the market over the forecast period in U.S. and Canada. Considerable demand for agrochemicals is also expected to boost the demand for potassium monofluoride in near future. Increasing investment in research also estimated to benefit the market as it will create a wide range of application field for the compound in both the countries.

Asia Pacific Demand Outlook for Potassium Fluoride

Significant growth in the agrochemical industries in Asia Pacific region is expected to benefit the sales volume in the coming years. Significantly growing chemical industries in Asia Pacific region especially in China, India and ASEAN has maintain the growth of the Potassium Fluoride Market, and is projected to maintain the growth over the coming decade.

The growing demand for fluxing agents in glass manufacturing and in metal industry in Asia Pacific region is anticipated to bolster the consumption rate of the compound in the coming years. Moreover, increasing demand for optical glasses in the region is also expected to benefit the growth rate of the market as the compound is used to frost and etch glass in glass manufacturing sector.

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Who are the Key Manufacturers and Suppliers of Potassium Fluoride?
Some of the leading manufacturers and suppliers of Potassium Fluoride include

  • Morita Chemical Industries Co., Ltd.
  • Aarti Industries Ltd.
  • S.B. Chemicals
  • Solvay S.A.
  • Harshil Industries
  • Stella Chemifa Corporation
  • Nantong Jinxing Fluorides Chemical Co., Ltd.
  • Derivados Del Fluor
  • Xinxianng Yellow River Fine Chemical Industry Co. Ltd.

With the increasing demand for the potassium fluoride compound, key players are focusing on expanding their production capacity. The players are also focusing on acquisition of small and medium size market participants to enhance their market footprint. With the growing requirement for decreasing hazards generation in the chemical industries, the key players are also focusing on sustainable development by treating the hazards generated in the chemical plant.

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.

Key Segments

By Purity:

  • Above 99%
  • 99% and below

By Application:

  • Organic Chemicals
  • Agrochemicals
  • Fluxing Agent
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/potassium-fluoride-market
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Potassium Fluoborate Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to the latest research, the demand for Potassium Fluoborate is anticipated to grow with a compelling growth rate of about 3.0% to 5.0% in between the coming assessment period of 2021-2031. Its molecular formula is KBF4. ­It is also known as Potassium tetrafluoborate, Potassium borofluoride. In Aluminium metallurgy, potassium fluoroborate (KBF4) is used to make abrasives, soldering agents, and ceramics.

The widespread use of potassium fluoroborate in a variety of applications across a wide range of sectors drives the worldwide potassium fluoroborate market. Potassium fluoroborate is water soluble and can be utilized in a variety of oxygen-sensitive situations, such as metal manufacturing. It’s also used in extremely low concentrations in a variety of health applications.

Who are the Key Manufacturers and Suppliers of Potassium Fluoborate?

Some of the leading manufacturers and suppliers include

  • Morita Chemical Industries,
  • Harshil Industries,
  • American Elements,
  • Solvay S.A,
  • Honeywell Fin Chemicals,
  • Hunan Merits New Materials Co. Ltd.,
  • Derivados Del Flúor (DDF),
  • AMG Aluminum,
  • Madras Fluorine Ltd.,
  • Stella Chemifa Corporation,

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What is Driving Demand for Potassium Fluoborate?

One of the primary factors driving the growth of the potassium fluoroborate market is the rise in demand for abrasives around the world. The rise in demand for metal processing in the automotive and industrial sectors, as well as its use as an addition in the production of Aluminium boron alloy, is propelling the industry forward.

The market is influenced by the increase in demand for abrasives due to their high demand in polishing applications for end use sectors such as electronic and electrical equipment, automotive, and machinery, among others.

Automotive Sector and Growing Demand of Abrasives Boost Potassium Fluoborate Sales

The market is boosting due to the use of abrasives in various industries. Rising metal processing and machining demand in the automotive and industrial sectors is expected to fuel potassium fluoroborate market growth. It is commonly used as an addition in the production of Aluminium boron alloys.

The potassium fluoborate market revenue may be driven by rising demand for abrasives due to its high demand in polishing and grinding applications for end use sectors such as automotive and metal fabrication.

APAC Potassium Fluoborate Market Outlook

The investment in metal industries is owning its demand and boosting the growth of Potassium Fluoborate market in different application such as electric, automotive, construction and machinery industries. Because of its rapidly rising population, Asia-Pacific is expected to have higher demand in the forecast year.

The region has been urbanized to a greater extent as a result of gains in GDP per capita and infrastructure development, transforming rural areas into urban areas. Potassium fluoborate is in high demand in Asia-Pacific for Aluminium metallurgy, which is used to make aircraft and automobile parts.

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Key Segments

By Purity Types:

  • Less than 99% Purity
  • 99% & above purity

By Type:

  • Technical Grade
  • Reagent Grade

By Application:

  • Soldering Agent
  • Metal Processing
  • Abrasives
  • Fluxing Agent

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa

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

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/potassium-fluoborate-market 
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Aliphatic Solvent Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to latest research conducted on Aliphatic Solvent market, Aliphatic Solvent market size is estimated to grow with a CAGR of 3% to 5% during the forecast period 2021-2031.

The increasing requirement for varnishes and films from the decor industry and automotive is kindling the increase of the business across the globe. Strengthening requirements for suburban and industrial constructions from developing marketplaces serve as a key macro-economic factor for growth of the aliphatic solvents market around the world during the forecast period.

Who are the Key Manufacturers and Suppliers of Aliphatic Solvents

Major players in the aliphatic solvents market are

  • ExxonMobil Chemical, Inc.
  • SK Global Chemical Co., Ltd.
  • Royal Dutch Shell Plc.
  • Calumet Specialty Products Partners, L.P.
  • Gotham Industries
  • Gulf Chemicals and Industrial Oils Co.
  • Recochem Inc.
  • HCS Group
  • W.M. Barr
  • Ganga Rasayanie Ltd
  • NOCO Energy Corporation
  • Gadiv Petrochemical Industries Ltd.
  • Hunt Refining Company
  • Honeywell International Inc.
  • BASF SE, and LyondellBasell Industries Holdings B.V. among others.

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.

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What is Driving Demand for Aliphatic Solvents

Aliphatic solvents and thinners are diluted in paints for simple combination and lessening thickness. These helps in ease in paint application after blending it in with the products will support the business and industry growth.

Subsequent growth in the automobile industry, subsequent growth in population, rise in disposable income and rising urbanization in non-industrial nations is speeding up the demand.

Demand in different segment including building & construction, and automotive will propel the market growth of these solvents which plays major roles in this sector. Expanding interest for rubber in different enterprises will essentially drive aliphatic hydrocarbon solvents and thinners market.

Usage Across Various End Use Industries Driving Demand of Aliphatic Solvents

Aliphatic Solvents are also known as non-aromatic solvents. They are one of the most commonly used solvents worldwide and found in many of the everyday products.

They are used as solvents or diluents in paints and thinners, they are widely used in oil extraction, degreasing, rubber manufacturing and as carriers for aerosols and disinfectants.

Gasoline and kerosene are examples of aliphatic hydrocarbon solvents. Common aliphatic hydrocarbon solvents used in paints and coatings are mineral spirits, hexanes and heptane. These compounds are also used as corrosion inhibitors.

The growth of this segment can be attributed to the increasing demand for decorative, automotive, industrial, and protective paints & coatings in both, developed and emerging countries.

This growing demand for paints & coatings for the increasing number of residential and commercial buildings due to rising population and urbanization majorly in China and India is expected to drive the global market during the forecast period.


Asia Pacific Demand Market Outlook for Aliphatic Solvents

Asia-Pacific region is expected to dominate the market for aliphatic hydrocarbon solvents and thinners during the forecast period. Due to the high demand application from countries like China, India and Japan, the market for aliphatic hydrocarbon solvents and thinners has been increasing. The largest producers of aliphatic hydrocarbon solvents and thinners are located in Asia-Pacific region.

Some of the leading companies in the production of aliphatic hydrocarbon solvents and thinner are Royal Dutch Shell, Recochem Inc., Phillips 66, MG Organics Pvt. Ltd. Apart from paints & coatings, these aliphatic hydrocarbon solvents and thinners are also used in adhesives & sealants, in rubber manufacturing and others which have multiple application in various end-user industries like automotive and others.

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Europe Demand Outlook for Aliphatic Solvents

The demand for conventional hydrocarbon solvents is changing particularly in Europe and North America, where various environmental regulations and acts are stringent thereby allowing bio-green based hydrocarbon solvents to be implemented.

Aliphatic Solvents has a major dominance in the market and is expected to steadily rise while Aromatic is expected to decline gradually. Paintings and Coatings form the largest application market of Hydrocarbon Solvents followed by pharmaceuticals, adhesives and printing inks respectively.

Key Segments

By Type:

  • Varnishes
  • Hexane
  • Heptane
  • Mineral Spirit
  • Others

By Application:

  • Paints & Coatings
  • Adhesives
  • Rubbers & Polymers
  • Aerosol
  • Cleaning & Degreasing

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/aliphatic-solvent-market
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Agricultural Fabrics Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to a latest study on Agricultural Fabrics market, sales of Agricultural Fabrics are projected to increase at around 4.7% CAGR over the next ten years (2021-2031). Rising product demand in the agriculture sector for better crop quality & increased productivity and technological advancements are expected to drive the market over the forecast period.

An increase in product usage in various sectors, including aquaculture and horticulture, is expected to have a positive impact on the market growth.

Who are the Key Manufacturers and Suppliers of Agricultural Fabrics

Some of the leading manufacturers and suppliers of Agricultural Fabrics include

  • Zhongshan Hongjun Nonwovens Co. Ltd.
  • Hy-Tex Limited
  • Belton Industries
  • Beaulieu Technical Textiles
  • B&V Agro Irrigation Co.
  • Diatex
  • Neo Corp International Limited
  • Meyabond Industry & Trading Co., Ltd.
  • Tama SRF Limited and many others.

The recent coronavirus outbreak has had an adverse impact on majority of the businesses across the world. Accounting to the strict measures taken by governments of major countries, it has become increasingly difficult to carry out business operations.

The report will include the impact of the Covid-19 pandemic on the global. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.

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What is Driving Demand for Agricultural Fabrics

The benefits of agricultural fabrics market are Increase crop production, Avoid the soil from drying out and decrease the requirement of fertilizers, pesticides and water.

Agricultural fabrics can be classified into woven, nonwoven and knitted fabrics applied for agricultural and horticultural uses covering livestock protection, shading, weed and insect control, and extension of the growing season. The essential properties required are Strength, elongation, stiffness, porosity, bio-degradation, resistance to sunlight and resistance to toxic environment.

Food Crops to Remain a key Segment for the Consumption of Agricultural Fabrics

The demand for organic and naturally-derived snacks is increasing around the globe, reflecting a marked change in consumption trends around the world.

Agricultural fabrics such as capillary mats and mulch nets are witnessing steadily climbing demand as farmers struggle to increase their agriculture yield to meet the high food demand in urban sprawls.

Moreover, the market growth is being further accelerated by supportive government policies, especially in developing countries, promoting sustainable agriculture practices and use of modern technologies to improve productivity in agriculture.


US and Canada Agricultural Fabrics Market Outlook

The market in North America expected to grow at a significant rate over the forecast period, which can be attributed to a rise in product demand for high-quality agricultural products.

A positive outlook for agriculture and aquaculture is projected to uplift the regional market over the forecast period.

Growing awareness about nutritional diet is expected to promote the demand for dietary supplements, which is likely to increase fish consumption. This will boost the product demand, thereby supporting regional market growth.

The market faces numerous challenges coping with the complexity of manufacturing processes, higher production costs, and fluctuating prices of raw materials, such as nylon, polyester, and wool.

Technological developments and R&D investments for developing novel technologies are expected to offer ample scope for market growth over the forecasted period.

Asia Pacific Demand Outlook for Agricultural Fabrics

Asia-Pacific is a prominent market for these fabrics given the extensive agricultural production activities of many developing economies of the region.

The main reason for the region’s preeminent position in the market is the excessive reliance of the developing economies of India and China on agriculture.

Added to this is the high population of these and other countries in the region, which has exacerbated the need for greater agriculture productivity.

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As a result, the demand new-age materials and tools such as Agro textiles in the farming sector are expected to soar in the forthcoming years.

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.

Key Segments

By Area of Application:

  • Crop Production.
  • Horticulture, Floriculture and Forestry.
  • Animal Husbandry and Aqua Culture.
  • Agro Engineering Related Applications

By Application:

  • Hail protection
  • Wind protection
  • Soil covering or weed protection
  • Sun protection
  • Bird protection net
  • Plant nets
  • Crop cover
  • Insect meshes

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa

About FMI

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

Contact:

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