Car Wash Detergents and Soaps Market | Top Companies, Size, Revenue, Forecast and Detailed Analysis by 2028

Noteworthy increase in the fleet size and a consistently swelling vehicle park point to the surging need for high quality car wash detergents and soaps. Looking at the considerably soaring per capita expenditure on car care and servicing, it is more likely that car care products such as car wash detergents and soaps would witness impressive demand over the course of next few years.

Recent innovations such as bio-based car wash detergents and soaps has been creating an impactful trend shaping product innovation strategies of manufacturers of car wash detergents and soaps.

A recent intelligence released by Future Market Insights evaluates the current and prospective outlook of the performance of global car wash detergents and soaps landscape. In the report, FMI forecasts over 5% yearly growth in sales of car wash detergents and soaps. Accounting for more than 35% of the total consumption of car wash detergents and soaps, pre-soaks remain the most favoured choice of car owners.

Moreover, as indicated by the key insights drawn from research, domestic players remain the major shareholders in global landscape of car wash detergents and soaps, according to the study.

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Convenient application and relatively affordable price point continue to influence sales potential of liquid car wash detergents and soaps, whereas the report projects strong demand growth for foam based car wash detergents and soaps that deliver a superior quality finish to cars post wash, in the near future.

On the flipside, despite associated with a high price point, car wash detergents and soaps in gel form are poised to experience steadily growing sales attributed to their enduring post wash effect on cars.

A majority of North American consumers prefers professional car wash services. European regulations on the other side prohibit consumers from in-house car washing, in the backdrop of increasing concerns regarding inadequate water availability.

While this underscores the strong impact of factors encouraging sales of car wash detergents and soaps in North America and Europe, the report also positions developing economies to emerge more lucrative for investors in coming years.

Analysis of emerging regions indicates the significantly growing inclination of consumers to purchase cars, and spend more in car care and maintenance. A visible shift to luxury cars, subsequently directing a paradigm shift from DIY car wash to professional car wash services, is cited as an important trend diving consumption of car wash detergents and soaps in developing economies across Asia Pacific, Latin America, and Middle East & Africa.

On the other side, expanding online availability of a wide range of car wash detergents, soaps, and other car cleaning products will reportedly continue to lure car owners who still prefer in-house car cleaning. The flourishing automotive aftermarket is also projected to remain one of the key boosters for expansion of car wash detergents and soaps market in developing regions.

3M Company, Kao Corporation, Turtle Wax Inc., and Spectrum Brands Holdings Inc. constitute some of the prominent companies operating in the global car wash detergents and soaps market. Besides the aforementioned brands, the report covers a few other established players active in the car care and car wash space, emphasizing exclusive insights on their financial and strategic developmental profiles.

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Market Segmentation

Product Type

  • Presoaks
  • Foam Detergents
  • Drying Agents
  • Triple Foams
  • Surface Protectants
  • Wheel Cleaners
  • Shampoo

Form

  • Liquid
  • Gel
  • Foam Based

By Sales

  • Department Stores
  • Supermarkets & Hypermarkets
  • Online Retailing
  • Franchise Outlet
  • Automotive Parts Outlet

While the market structure analysis reveals that up to 35% revenue share in the global market belongs to leading companies, a major portion of the market value is accounted by a large number of domestic players that are strategizing on product innovation and competitive pricing. Novel formulations based on natural raw materials such as vegetable oils and naturally sourced solvents will reportedly continue to capture R&D interests of manufacturers.

Established brands continue to invest in strategic acquisitions and collaborations involving regional leaders, says research. Long-term contractual partnerships with domestic/regional players are likely to assure sustained demand in the long run, for global leaders investing efforts in specific regional market penetration.

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Mixed Xylene Market | Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2028

Growing consumption as a solvent continues to primarily drive the revenue growth of mixed xylene market worldwide. Slated at robust yearly revenue growth in 2022 and ahead, the global mixed xylene landscape is also likely to witness consistently soaring consumption of paraxylene by PET manufacturers.

Towards 2022, the global revenue of mixed xylene market is projected to surpass the valuation of US$ 197 billion, forecasts a new research study on the global market for mixed xylene, by Future Market Insights.

“Fostering PET, polyester fiber, and polyester film manufacturing is constantly creating investment opportunities for mixed xylene manufacturing companies, thereby pushing the revenue growth of mixed xylene landscape,” says a senior market research analyst at the company.

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Chemicals, Petrochemicals, & Paints Record Notable Mixed Xylene Consumption

  • Extensively used as a thinner, especially by inks and paints manufacturers, mixed xylene finds wide applicability across the chemicals industry as a base material for manufacturing.
  • Mixed xylene is also widely consumed for elevating the octane rating of gasoline and other fuels with an objective to improve fuel and engine performance.
  • Owing to voluminous paraxylene consumption, the chemicals industry remains a prime consumer of mixed xylene market over the coming years, according to the report.
  • Other prominent end-use industries registering sizeable mixed xylene consumption include gasoline, paints & coatings, pesticides, rubber, leather, and printing.
  • The report covers a range of end-use industries and sectors recording variable mixed xylene consumption patterns as per the applications associated with them.
  • Consumption of mixed xylene as a raw material contributes the maximum revenue share compared to all other application areas.

The analysis of mixed xylene landscape based on grade reveals that the isomer-grade variant continues to dominate in terms of both revenue and consumption volume, accounting for over 80% value share in mixed xylene market. However, yearly revenue growth of solvent grade mixed xylene is projected to observe a decline post 2020, according to the report.

Flourishing Polyester Production Upholds Chinese Market

  • The global hub for production as well as consumption of mixed xylene, China is projected to remain the high growth-high value regional market for mixed xylene over the coming years.
  • With around a fourth of the global market value, China continues to dominate other regional markets competing in the mixed xylene landscape.
  • Bolstering polyester production across Chinese industries is identified to be primarily responsible for swelling mixed xylene consumption across the region, as indicated by the report.
  • Besides being a major polyester products export hub, the Chinese market also boasts of an established and productive distribution network, which is another strong factor pushing the growth of mixed xylene market in China.
  • The report indicates that the towering consumption of aromatic hydrocarbons across industries would further create a heap of untapped opportunities in China, over coming years.

The FMI analyst says, “Following China, the report also positions Asia Pacific (excluding Japan) as a highly lucrative regional territory, creating attractive untapped applications areas for manufacturers”.

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Production Expansion Rules Strategic Minds of Manufacturers

In the report, FMI covers extensive strategic profiles of some of the key manufacturers active in the mixed xylene landscape, which points to strategic M&A and collaborations governing the competitive nature of mixed xylene marketplace.

In a moderately fragmented global landscape of mixed xylene market, the leading 12 players collectively cover 20-25% share of the total revenue. This highlights that each one of them holds a single digit market value share at present.

Manufacturing capacity expansion is currently the primary strategy of key companies in global mixed xylene space. As of the past year, the Asia Pacific mixed xylene market has witnessed notable production capacity expansion efforts by prominent market players. Companies in addition to expanding existing manufacturing plants are emphasizing new plant start-ups, pushing the prospects of mixed xylene market.

  • Tonen General recently commenced the commercial sale of isomer-grade mixed xylene at the company’s Ichihara-based recovery unit in Japan.
  • Showa Shell also launched a high-capacity TDP unit for an isomer-grade xylene template.
  • CNOOC Huayue also announced the launch of their new high capacity aromatics unit for mixed xylene production.
  • Hyundai Oilbank and Lotte Chemical Corp jointly formed a new isomer-grade xylene facility of 1m tonne/year capacity.

Key Segments of Mixed Xylene Industry Survey

By Grade:

  • Isomer Grade Mixed Xylene
  • Solvent Grade Mixed Xylene

By Application:

  • Fuel Blending
  • Solvents
  • Thinners
  • Raw Materials

By End Use:

  • Mixed Xylene for Paints & Coatings
  • Mixed Xylene for Pesticides
  • Mixed Xylene for Chemicals
  • Mixed Xylene for Gasoline
  • Mixed Xylene for Printing, Rubber & Leather

Key Companies Profiled

Some of the prominent players profiled in the report include Exxon Mobil Corporation, Idemitsu Kosan Co., Ltd., Lotte Chemical Corporation, Total S.A., China Petroleum & Chemical Corporation, China National Petroleum Corporation, GS Caltex Corporation, Chevron Phillips Chemical Company LLC, Royal Dutch Shell plc, YPF Sociedad Anónima, Flint Hills Resources, LLC, and SK Global Chemical Co., Ltd.

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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 favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Cold Flow Improvers Market | Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2027

While FMI in a recent intelligence report on cold flow improver market scenario offers an exhaustive market value and volume-wise evaluation through 2027, it thoroughly examines the regional and competitive outlook of the cold flow improver landscape for deeper yet precise insights.

At an estimated year on year revenue growth of 4.6%, cold flow improver is likely to reach over a billion-dollar revenue in 2018, according to a new study presented by Future Market Insights. In terms of volume, the global cold flow improver consumption is slated to cross 300,000 tons towards the end of 2018.

Although Europe remains the largest regional market for cold flow improver, supposedly recording the consumption of more than 116,000 tons by the end of 2018, research estimates that North America in terms of value will demonstrate a higher year on year growth of over 5% each year post 2018.

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Over US$ 290 Million Projected for Europe’s Automotive Sector in 2018

Automotive, the leading end user of cold flow improver, is likely to reach the revenue in excess of US$ 260 Mn in 2018. Escalating global automotive production and sales is subsequently translating into the growing demand for lubricant additives, and thereby expanding sales of cold flow improvers.

“With growing consumer inclination towards premium quality lubricant additives for enhanced engine performance, it is more likely that the sales of cold flow improvers will sustain over coming years,” says a senior market research analyst at FMI. Europe’s share in the automotive segment will remain around 40% over the next few years, signifying its position in the cold flow improver landscape at a global level.

Polyacrylate Continues to Register Highest Consumption over Other Types of Cold Flow Improver

With more than 31% share of the current revenue contribution by the product type category, polyacrylate (PA) remains the top selling product type, as indicated by the report. The total PA consumption volume in Europe alone will reach beyond 38,000 tons in 2018, followed by that in North America presumably approaching 30,000 tons the same year.

China Positions itself as an Attractive Territory for Cold Flow Improver Suppliers

With the drastically expanding fleet size and the net vehicle parc, China, the global automotive manufacturing hub, is projecting itself as a highly lucrative regional market for automotive and cold flow improver manufacturers. Another strong factors encouraging Chinese market growth include elevating aviation traffic and a tremendously thriving economic scene.

Besides the automotive industry, the fleet size of airline owners in China is demonstrating exceptional growth owing to the most favored low-cost business model. While this scenario is directly impacting a wide range of markets related to aircraft fuel and lubricant additives, cold flow improvers remain one of the top beneficiaries.

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Cold Flow Improvers Market Segmentation

Product Type

  • Polyacrylate
  • Polyalkyl Methacrylates
  • Polyalkyl Methacrylates
  • Ethylene Vinyl Acetate
  • Others

By End Use

  • Automotive
  • Aerospace
  • Industrial

Regional Players Make up for 40-45% of the Cold Flow Improver Market Revenue

The global cold flow improver landscape is moderately consolidated, with a large number of Tier 3 players holding a collective market value share within the range of 40-45%. “Following Tier 3 companies are the Tier 1 market leaders accounting for a 30-35% share of the total market revenue,” reports the FMI analyst. 

While larger players have moderately strong global presence, Tier 3 companies that include a large number of regional and local players have strong regional presence, owing to which the latter account for a considerably larger market value in the cold flow improver landscape.

To cater to evolving regional demands more efficiently, cold flow improver manufacturers are opting for strategic M&A, in addition to joint ventures. The report points to a growing tendency of leading players in cold flow improver landscape to prioritize production capacity expansion.

The market is thus witnessing expansion of existing production plants in high demand regions, as well as establishment of new manufacturing plants in high potential regions, in coming years. “Companies are also observed to be taking exclusive efforts towards exploring diverse applications of customized cold flow improvers,” says the analyst.

How Significant is the ‘Bio-based’ Trend in Driving the Production Facility Expansion Strategy?

In a bid to modulate the environmental footprint, a majority of cold flow improver manufacturers are following a trend of using bio-based raw materials. “While adoption of sustainable raw materials such as vegetable oils helps them effectively slash the level of adverse environmental impact, it is more likely to receive additional benefits in terms of cost and performance.

Lubricant manufacturers are thus planning production capacity expansion with sustainable raw materials in order to cater to soaring consumer demand,” the FMI analyst explains this trend further. The trend is likely to push capacity expansion efforts of leading manufacturers, driving revenue growth of cold flow improver landscape globally.

About FMI

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

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South Asia Geosynthetics Market by Demand, Trends, Applications, Sales, Industry Size and Forecast to 2027

FMI estimates that sales of geosynthetics will surpass 1700 Mn m² in South Asia by 2027. India is expected to be the most lucrative country in South Asia geosynthetics market, followed by ASEAN (Association of Southeast Asian Nations). India is expected to account for more than 700 Mn m² sales of geosynthetics by 2027. Future Market Insights (FMI), in its report titled, “Geosynthetics Market: South Asia Industry Analysis and Opportunity Assessment 2027” projects the global geosynthetics market to expand at an impressive double-digit CAGR of 12.6% during the forecast period in terms of volume.

The geosynthetics market has been witnessing a phenomenal growth over the past few years. Above-average GDP growth in the developing South Asian economies such as Vietnam, India, and Indonesia has resulted in an exponential growth of construction activities, which in turn is fuelling the demand for geosynthetics across these regions. Moreover, the geosynthetics market is becoming competition-intensive, owing to the presence of a large number of manufacturers.

Key players in the South Asia geosynthetics market include Enviro Geosynthetics Pvt. Ltd., Global Synthetics Pty Ltd, NAUE GmbH & Co. KG, Polyfabrics Australasia Pty Ltd, Tensar International Corporation, Geofabrics Australasia Pty Ltd, HUESKER Synthetic GmbH, GSE Environmental, Inc., E.I. du Pont de Nemours & Co., and Koninklijke Ten Cate NV.

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India Continues to Remain the Most Lucrative Country for Geosynthetics in South Asia

Polypropylene Remains the Most Sought-After Geosynthetic Material

By product type, geotextile is likely to continue its dominance over the South Asia geosynthetics market, expanding at a volume CAGR of 13.9%. Geomembrane, another prominent product type, is expected to reach 274.3 Mn m² by the end of the forecast period.

Polypropylene remained the most lucrative material in the South Asia geosynthetics market, and is expected to remain so during the forecast period. This segment is anticipated to account for 55.5% market volume share by 2027.

Separation continues to be the leading primary function for geosynthetics, whereas containment primary function is estimated to witness fastest volume growth at 14% CAGR during the forecast period.

Demand for geosynthetics from road construction sector is expected to remain robust during the forecast period. Future Market Insights estimates demand from this segment to surpass 900 Mn m² by 2027. In addition, ‘dams, riverbanks & waterworks’ will remain the second largest application segment in the South Asia geosynthetics market during the forecast period.

Emphasis on Increasing Mining Capacity to Fuel the Demand for Geosynthetics in South Asia

Geosynthetic materials find widespread adoption in road development projects, mainly utilised for subgrade separation & stabilisation, filtration & drainage facility, base reinforcement, along with an overlay stress absorption & reinforcement. The application of geosynthetics in railway lines facilitates improved stress propagation and provides better stability. Applications in these sectors will continue to fuel the demand for geosynthetics in South Asia.

Geosynthetic materials are also witnessing robust demand from the mining industry. Emphasis on increasing mining capacity and related productivity has compelled miners in propagating deep mining. Moreover, water containment or waterproofing applications utilise geosynthetic materials, particularly geomembranes, for avoiding water absorption by forming a layer. These factors are influencing the growth of the South Asia geosynthetics market.

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Several governments are focusing on investing significantly in the development of road and rail infrastructure in the South Asian region, which in turn is expected to fuel the demand for geosynthetics in this region during the forecast period. In contrast, requirement of high-cost specialised equipment, lack of skilled personnel, absence of awareness on the long-term benefits of geosynthetics among contractors and construction companies is expected to restrain market growth.

Market segmentation

By Product Type:

  • Geotextile
  • Geomembrane
  • Geogrid
  • Geonet
  • Geocomposite
  • Geosynthetic Clay Liner
  • Others (Geofoam and Geocell)

By Material:

  • Polyethylene(HDPE/LLDPE, Others)
  • Polypropylene (PP)
  • Polyester
  • Natural Fibres
  • Others (PVC, Synthetic Rubber, etc.)

By Primary Function:

  • Separation
  • Drainage and Filtration
  • Containment
  • Reinforcement

By Application:

  • Road (Paved & Unpaved
  • Railways
  • Retaining Walls
  • Dams, Riverbanks, Waterworks
  • Landfill & Erosion Control
  • Others (Agriculture, Nursery, etc.)

By Region/Country:

  • India
  • ASEAN
  • Australia
  • New Zealand
  • Rest of South Asia

Table of Content

1.Executive Summary

2.Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3.South Asia Geosynthetics Market Analysis Scenario

3.1. Pricing Analysis

3.2. Value Chain

4.Market Dynamics

4.1. Drivers

4.2. Challenges

4.3. Opportunity

4.4. Trends

5.South Asia Geosynthetics Market Analysis and Forecast, By Product Type

continued…!

About FMI

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

Contact: 

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Textile Colourant Market Top Scenario, SWOT Analysis, Business Overview, Forecast

Demand for textile colourants is anticipated to remain steady on account of growing applications in apparel and automotive industries. Global demand for textile colourants was pegged at 5,972 thousand tonnes in 2016. It is projected to increase to 6,248 thousand tonnes in 2017. Demand is anticipated to remain higher in developing countries, owing to low labour costs and infrastructure development. Asia Pacific accounted for nearly 53% revenue share of the global textiles market in 2014.

Leading companies profiled by Future Market Insights in its report include Huntsman Corporation, LANXESS AG, KRONOS Worldwide, Inc., Kiri Industries Ltd., Atul Ltd., Allied Industrial Corp., Ltd., Archroma Management LLC, DyStar Group, Standard Colors, Inc., and Dye Systems, Inc.

Cotton Largest Segment by Fibre Type

By fibre type, cotton remains the largest segment, followed by nylon and polyester. Demand for cotton textile colourants was pegged at 541 thousand tonnes in 2016; this is expected to reach 561.6 thousand tonnes in 2017. Among other fibre types, acrylic is projected to grow at the fastest CAGR.

Reactive Dye Largest Segment by Dye Type

By dye type, the market has been segmented into,

  • Reactive dye
  • Acid dye
  • Direct dye
  • Disperse dye
  • Basic dye

Among these, reactive dye accounts for the highest volume share of the market. Over 611 thousand tonnes of reactive dyes were consumed in 2016 – this is projected to increase to over 636 thousand tonnes in 2017. Demand for acid dye, the second largest dye type, is expected to reach 586 thousand tonnes in 2017.

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Powdered Textile Colourants Preferred by Manufacturers 

On the basis of product form, the global textile colourant market has been segmented into powder, granules, paste, and liquid. Among these, demand for textile colourants in powder form is the highest, with this segment accounting for 663 thousand tonnes in demand.

Apparels Largest Application Segment

By application, the market has been segmented into apparels, household, technical textiles, automotive, and accessories. Demand for textile colourants in apparels is projected to surpass 1065 thousand tonnes in 2017.

China to Lead Demand in APEJ

Asia Pacific excluding Japan remains the largest market for textile colourants globally. Textile colourants consumption in APEJ was estimated at 885 thousand tonnes in 2016; it is expected to grow to 925.5 thousand tonnes in 2017.

China remains the largest consumer of textile colourants in APEJ, accounting for nearly 531 thousand tonnes in 2016. This represents a market opportunity worth US$ 1.34 Bn. China textile colourants market is anticipated to grow at 5.2% in terms of value during the forecast period.

Market Segmentation

By Application

  • Apparel
  • Household
  • Technical Textiles
  • Automotive
  • Accessories

By Dye Type

  • Reactive Dye
  • Acid Dye
  • Direct Dye
  • Disperse Dye
  • Basic Dye

By Product Form

  • Powder
  • Granules
  • Paste
  • Liquid

By Fibre Type

  • Wool
  • Nylon
  • Cotton
  • Polyester
  • Acrylic
  • Acetate
  • Rayon

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

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Table of Content

1. Executive Summary

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Textile Chemicals Market Overview

3. Market Dynamics

3.1. Drivers

3.1.1. Macroeconomic

3.1.2. Supply Side

3.1.3. Demand Side

3.2. Restraints

3.3. Forecast Factors – Relevance and Impact

4. Global Textile Colorant Market Analysis Scenario

5. Global Textile Colorant Market Analysis and Forecasts, By Fiber Type

continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
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Fluoropolymer Films Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2026

Global sales of fluoropolymer films was pegged at US$ 1,398.0 Mn at the end of 2016 while APEJ accounted for a value share of 30.1% in the global fluoropolymer films market at the end of the same year. The APEJ market is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on the drivers and restraints likely to impact the market during the forecast period. The different methods of construction in Europe in comparison with the U.S. and other regions of the world influence the regionally differing demand for FEP in a significant way.

Future Market Insights delivers key insights on the global fluoropolymer films market in its latest report titled ‘Fluoropolymer Films Market: Global Industry Analysis and Opportunity Assessment, 2026.’ The long-term outlook on the global fluoropolymer films market is expected to be positive, with the market value expected to increase at a CAGR of 6.1% during the forecast period (2016–2026). Industrial & equipment is expected to remain the key end-use segment, accounting for over one-fourth of the total share in the global market throughout the forecast period.

The global fluoropolymer films market is greatly influenced by the building and construction, industrial & equipment and electrical & electronics sectors. Industrial & equipment is a large end-use segment for fluoropolymer films, accounting for a significant market share in terms of volume as well as value. The utilization of fluoropolymer films in solar PV modules is anticipated to facilitate the growth of the segment over the forecast period. Moreover, growth in the electrical & electronics industry is expected to influence the fluoropolymer films market positively, creating strong revenue opportunities for fluoropolymer films in developed as well as developing countries. Establishing long-term supply contracts with direct end-users can provide stability as well as growth opportunities for manufacturers in terms of revenue generation.

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However, the global fluoropolymer films market is expected to face some challenges. High price and relatively more complex manufacturing process are some of the factors that may impact the growth of the fluoropolymer films market.

Fluoropolymer Films Market: Segmentation analysis

The fluoropolymer films market has been segmented on the basis of product type and end-use. On the basis of product type, the market can be segmented into PTFE, FEP, PFA, PVF, PVDF, ETFE and others. On the basis of end-use, the fluoropolymer films market has been segmented into automotive & aerospace, building & construction, electrical & electronics, industrial & equipment, packaging, and others.

  • Among the end use segments, the industrial & equipment segment is anticipated to dominate the market in terms of value throughout the forecast period. The segment is expected to represent a total incremental opportunity of US$ 302.3 Mn between 2016 and 2026
  • The electrical & electronics end use segment is anticipated to witness significant demand in terms of value over the forecast period. The segment is expected to represent a value of US$ 578.1 Mn by 2026 end

Fluoropolymer Films Market: Regional Market Projections

APEJ is pegged to be the leading market for fluoropolymer films and the region accounted for an estimated revenue share of 30.1% at the end of 2016. China is expected to hold a large revenue share in terms of value and volume in the Asia Pacific fluoropolymer films market through 2026, exhibiting a value CAGR of 6.8% between 2016 and 2026. North America is expected to remain a prominent market for fluoropolymer films, increasing at a value CAGR of 6.3% over the forecast period.

Fluoropolymer Films Market: Competition Analysis

The report highlights some of the key companies operating in the global fluoropolymer films market, which include The Chemours Company, Arkema Group, Solvay sa., DAIKIN INDUSTRIES Ltd., Asahi Glass Co., Ltd., 3M Company, Saint Gobain S.A., Polyflon Technology Ltd., Dongyue Group Ltd, Honeywell International Inc. Key market players are focussing on developing novel products and production technologies and decreasing the overall processing cost.

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Fluoropolymer Films Market: Segmentation

To understand and assess opportunities in the global fluoropolymer films market, we have divided the report into three sections:

Fluoropolymer Films Market by Product Type

  • PTFE
  • FEP
  • PFA
  • PVF
  • PVDF
  • ETFE
  • Others (ECTFE, PCTFE, etc.)

Fluoropolymer Films Market by End Use

  • Automotive & Aerospace
  • Building & Construction
  • Electrical & Electronics
  • Industrial & Equipment
  • Packaging
  • Others

Fluoropolymer Films Market by Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Table of Content

1. Executive Summary 

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Global Fluoropolymer Films Market Analysis Scenario

3.1. Market Volume (Tonnes) Analysis

3.2. Pricing Analysis

3.3. Market Size (US$ Mn) and Forecast

3.4. Market Overview

4. Market Dynamics

4.1. Macro-economic Factors

4.2. Drivers

4.3. Restraints

4.4. Opportunity

4.5. Forecast Factors – Relevance and Impact

5. Global Fluoropolymer Films Market Analysis and Forecast, By Type

continued…!

About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/fluoropolymer-film-market
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UV Coatings Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031

Green coatings are the latest trend in the UV coatings market. These coatings are environment friendly that help reduce pollution at any stage of the process. They are normally more expensive than other paints and coatings on the market; however, they are more advantageous and have comparable performance characteristics to regular hazardous paints.

The global UV coatings market reached a valuation of US$ 3.6 Bn in 2021. The growing use of UV coatings in the wood and furniture industry to provide a glossy finish and protect print marketing items from scratches is expected to boost sales at a 5.2% CAGR, with the market valuation reaching US$ 6 Bn in 2031.

Green coatings are becoming more popular in the coating industry as environmental regulations and standards become more stringent, particularly in Europe and North America. As a result, the demand for UV curable coatings is booming.

UV coatings for woods and glass give printed products like printed materials, posters, and banners a glossy surface, an appealing visual aesthetic and a matte texture. Increasing applications of 3D printing in numerous industries and growing demand from the print marketing sector will continue pushing sales in the paper and packaging industries.

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As per FMI’s regional analysis, East Asia and Europe are expected to remain the most lucrative pockets in the market. The presence of leading manufacturers, high consumption of UV coatings by various end-use sectors, and the substantial growth in the automotive and paper & packaging industries will fuel the growth of the market in these regions over the assessment period.

Key Takeaways:

  • By composition, the monomer segment accounted for more than 35% of total UV coatings market share in 2021.
  • Sales of water-based UV coatings held  about 35.6% of the total market share in 2021.
  • The U.S. is accounted for a dominant share of 89.2% of the North America UV coatings market in 2021.
  • Germany is projected to command 21.7% of the Europe UV coatings market share in 2031.
  • China and Japan accounted for 68.9% and 13.6% of the global UV coatings market share respectively in 2021.

“Surging demand for low VOC UV coatings in the automotive sector and the expansion of the pulp & paper industry are expected to drive sales in the market over the forecast period,” says a FMI analyst.

Competitive Landscape

Leading players operating in the global UV coatings market include Arkema Group, BASF SE, Akzo NobelNV, PPG Industries, Axalta Coating Systems LLC, The Valspar Corporation, The Sherwin Williams Company, Croda International PLC, Dymax Corporation, Allnex Belgium SA/NV Ltd., and Watson Coatings Inc. and others.

Players are investing in strategic business agreements and are focusing on the expansion of their production capacities. Apart from this, they are investing in research and development to develop advanced flexible products and to launch better technologies in the market that can minimize power losses. For instance:

  • In Sept 2020, AkzoNobel completed the acquisition of Stahl Performance Powder Coatings and its range of products for heat sensitive substrates. The deal gives the company accelerated access to unique low curing technology that will open exciting new market opportunities.

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UV Coatings Markey by Category

By Composition:

  • Monomer
  • Oligomer
    • Polyester
    • Polyether
    • Polyurethane
    • Epoxy
  • Photo Initiator
  • Additives

By Type:

  • Water-Based
  • Solvent-Based                   

By End Use:

  • Wood & Furniture
  • Electronics
  • Automotive
  • Paper & Packaging
  • Industrial Coatings
  • Building & Construction

By Region:

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

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

4. Key Success Factors

4.1. Product Adoption Analysis

4.2. Strategic Promotional Strategies

5. Global UV Coatings Market Demand Analysis 2016-2020 and Forecast, 2021-2031

continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/uv-coatings-market
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Pharmaceutical Solvents Market Size Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2030

Future Market Insights in its market intelligence report on pharmaceutical solvents opines that the market’s success continues to witness a sharp rise with high expenditure on healthcare, new drug delivery systems and medicines. According to FMI’s analysis, the pharmaceuticals sector has witnessed 150% increase over the last decade.

Poised to surpass US$ 3.43 Bn by the end of 2030, the pharmaceutical solvents industryis betting on attaining a balance between pharmaceutical purity and the impact of solvent use in drugs on the users and the environment at large.

Attribute Details
Pharmaceutical solvents Market Size Value in 2021 US$ 3.58 Bn
Pharmaceutical solvents Market Size Value in 2030 US$ 5.29 Bn
Pharmaceutical solvents Market Historical CAGR (2015-2021) 4.10%
Pharmaceutical solvents Market CAGR (2022-2030) 4.40%

Demand for pharmaceutical solvents Market was not impacted significantly during the height of the COVID-19 pandemic in 2020. Currently, due to the ever-increasing demand for fresh formulations and innovative chemical recipes aiming to effectively tackle the pandemic situation, pharmaceutical solvent manufacturers are trying to meet the hiking demand particularly by increasing production and by devising effective global supply chains.

Efficacious supply chains which include recycling of solvents and remanufacturing will pave way for negligible impact on environment and greater product purity.

“High quality, strict compliance to regulatory frameworks, timely insights and reduction in drug development costs by at least 25% with the use of green solvents will bring about market acceleration faster”, says FMI analyst

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Key Takeaways of Pharmaceutical Solvents Market Study

  • Alcohol solvents will remain sought-after through 2030 with high uptake in the production of sanitizers amidst the COVID-19 crisis
  • The race for new vaccine development is creating prolific opportunities for market players in the near-term
  • Acetone, glycerin and chelating agents will capture one-third market share in 2020 with growth underpinned by high demand for  these in hygiene products and sanitizers
  • The soaring popularity of green solvents is set to improve process yields and lower operational costs of manufacturers in the pharmaceutical solvent landscape

Asia Pacific Continues to Gain Momentum

The biggest pharmaceutical companies such as Merck, Novartis, Roche and Pfizer are heavily dependent on the APIs and solvents from countries such as China and India who have a hegemony on global supply chains. By volume India secures an enviable third position in the manufacture of pharmaceuticals. Cumulatively China and India account for nearly 80% of APIs and solvents that are imported to other regions.

This has huge ramifications amidst the ongoing COVID-19 crisis as the world is looking at these regions for pharmaceuticals if the pandemic is to be contained. India on the back of un-patented generic drugs that are priced low also has a huge network of FDA approved solvent plants that supply nearly 45% of formulations to pharma companies in US. However with wariness towards China setting in, many are now looking closely at India for API and solvent supply on the back of a desire for cost savings and better compliance with environmental regulations.

With solvents playing a nuanced role in novel drug delivery systems, major manufacturers of pharmaceutical solvents are ardently researching product developments that meet exacting pharmaceutical legislations and regulations. Towards this, deep eutectic solvent (DES) is garnering great interest as a green solvent.

Its superior properties such as non-reactivity to water, high solvency and non-inflammability makes it ideal for a large range of solutes. The raw materials used in these are also less toxic and inexpensive thus making them highly suitable for nanoparticle synthesis, drug delivery and as self-assembled drug carriers.

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Find More Valuable Insights on Pharmaceutical Solvents Market:

FMI in its new market research study, offers an unbiased analysis of the pharmaceutical solvents market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global pharmaceutical solvents market through two different categories – by chemical group and region. The global pharmaceutical solvents market study provides information of pricing by different application analysis, product life cycle, capacity assessment, key market trends and technologies which are being implemented in the deployment of pharmaceutical solvents and product adoption in varied end use industries.

Pharmaceutical Solvents Market By Category

Chemical Group:

  • Alcohol
    • Ethanol
    • Isopropanol
    • Propanol
    • Propylene Glycol
  • Amine
    • Aniline
    • Diphenylamine
    • Methylethanolamine
    • Trimethylamine
  • Ester
    • Acetyl Acetate
    • Ethyl Acetate
    • Butyl Acetate
  • Ether
    • Diethyl Ether
    • Anisole
    • Polyethylene Glycol
  • Chlorinated Solvents
    • Carbon Tetrachloride
    • Dichloromethane
  • Others (Chelating Agents, Acetone)

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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/pharmaceutical-solvents-market
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Ion Exchange Resins Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2026

The exceeding efficiency and advancement in technology are the major reasons why consumer preferences are shifting from conventional ion exchange resins towards these new alternatives. While the global scenario of the ion exchange resins market reflecting the increasing use of ion exchange resins in power generation, followed by domestic wastewater treatment applications, the ion exchange resins market is subjected to a crunch due to the advent of alternative technologies that include electro deionization and reverse osmosis.

Ion Exchange Resins Market to register moderate growth owing to changing preferences

This shift of preference is projected to affect the ion exchange resins market adversely and further deteriorate the pace of expansion of ion exchange resins market. Owing to this scenario, the ion exchange resins market is expected to project a moderate growth with a CAGR of 5.4% over the forecast period of 2016 to 2026. Apart from its wide utility in water treatment and various other industrial applications, the ion exchange resins account for certain drawbacks including chlorine contamination and organic contamination of resins. These factors are likely to foster the shift of consumer preference towards other alternatives available in the market. Owing to these factors the accumulation of spent ion exchange resins and their disposal is being governed by regulations to ensure that they cause no potential harm. Despite the shortcomings, the ion exchange resins market is expected to be valued at over US$ 1,830 million by 2026-end.

Stringent regulations towards water conservation and the decreasing availability of fresh water is expected to drive the growth of the ion exchange resins market. Agencies such as Environmental Protection Agency (US) and India Water Works Association (India) are seen framing the regulations for water disposal.

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These actions towards water conservation and treatment are expected to fuel the demand for ion exchange resins across the globe. Water treatment process is, therefore, expected to be the major factors influencing the growth of ion exchange resins market.

Based on region, the APEJ region is projected to account for a comparatively high-value share and witness a CAGR of 7.0% over the period of forecast. In terms of volume, China is projected to dominate the ion exchange resins consumption in the APEJ region, whereas India is anticipated to witness comparatively faster growth during the forecast period. The factors influencing this market scenario are related to the growing demand for ultra-pure water in the Asian regions, especially China on account of the increasing number of power plants. As ultra-pure water is obtained by using ion exchange resins, several players in the ion exchange resins market offer resins exclusively for the power, pharmaceuticals, and electrical industries to produce ultra-pure water.

Key Developments to trigger the demand for ion exchange resins                

Industry players are expected to synergize efforts towards the development of distinct and product offerings tailored for specific applications. Key players of the ion exchange resins market such as Dow Chemicals and Lanxess have indulged in differentiation strategies by emphasizing on novel products to cater to the requirements of a comparatively niche market. On account of this, Dow Chemicals introduced their next-gen Dowex marathon ion exchange resins that are re-engineered to enhance the efficiency of water treatment processes.

Ion Exchange India Ltd. provides water treatment services, predominantly in India, followed by a range of products and recycling plants for water treatment and wastewater treatment. The company has opted for a joint venture with Safic, a South-African based company for strengthening its global footprints, followed by which they marketed the water treatment equipment and chemical and resins products throughout the South-African region. Furthermore, their constant actions for expanding in the Middle-East and Africa (MEA) region are supported by their chemical blending unit in Bahrain for increasing revenue and strengthening its market share.

Ion exchange resins market participants are investing in extended research and development to cope up with the prompt application of ion exchange resins in various industries including the nuclear power generation industries that have showcased unmatched growth.

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Market Segmentation

By Type:

  • Cationic Resins
  • Anionic Resins
  • Others (Adsorbent Resins & Chelation Resins)

By Application:

  • Water
  • Non-water

By End-use industry:

  • Power
  • Chemical & Petrochemical
  • Food & Beverage
  • Pharmaceutical
  • Electrical & Electronics
  • Metal & Mining
  • Others (Textile, Agriculture, Wastewater Treatment, and Oil & Gas)

Table of Content

1. Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Market Introduction

4.1. Market Definition

4.2. Market Taxonomy

4.3. Water Treatment Chemicals Market Overview

5. Ion Exchange Resins Market Analysis Scenario

6. Market Dynamics

6.1. Drivers

6.2. Restraints

6.3. Trends

7. Global Ion Exchange Resins Market Analysis and Forecast, By Product Type

continued…!

Key Questions Answered in the Report

What is the size of ion exchange resins market?
Which are the leading companies in ion exchange resins market?

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/ion-exchange-resins-market
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Dicamba Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast

Growing need for broadleaf weed regulation will continue to be the key driver to the demand for dicamba globally. The global dicamba market is foreseen to witness healthy growth, reaching a value worth US$ 313.3 Mn in 2016. North America may outpace the largest dicamba market i.e. Europe, in terms of Y-o-Y growth.

A number of modern agricultural practices involve replacement or combination of glyphosate with dicamba, which may create lucrative opportunities. Moreover, wide acceptance of integrated pest management is also expected to spur the consumption of dicamba. The U.S. EPA’s recent approval for the usage of a non-volatile dicamba-based herbicide by Monsanto is now considered to be a major booster to dicamba market growth. Emergence of innovative applications of dicamba in addressing multiple weed destruction will be another critical factor pushing the market.

Use of dicamba as an herbicide for controlling broadleaf weed in domestic, commercial, and non-commercial applications, will remain the primary factor fuelling the demand. Farmland maintenance is the most prominent driver to dicamba market growth. In addition to easy usage and widespread availability, rising need for food safety and security, and growing awareness about efficient crop protection, are likely to favour the growth of the dicamba market, especially in developing countries. Surging need for maximum crop yield without losing facing significant loss is also identified to be one of the important market drivers. Steadily increasing exports from China are foreseen to push the market growth further.

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Drift damage caused due to the volatility of dicamba can remain a longstanding challenge to the market growth. Similarly, reported cases of illnesses and allergies in humans post-exposure to dicamba, will remain a major barrier to mass adoption. Strict regulations regarding approval is another key factor expected to restrain the market growth.

With revenues beyond US$ 265.0 Mn in 2016, agriculture will continue to lead the market in terms of application, with over 84% market value share. Lawn and turf segment is also expected to register a remarkable market share of over 12% in 2016. While the Y-o-Y growth of agriculture segment is projected to be of around 8.7% in 2017 over 2016, that of the lawn and turf segment is estimated at 7.3%.

Regionally, Europe is currently the largest market for dicamba. However, it may witness a slight decline post-2016. This region is likely to account for over 26% market share in 2016, whereas the revenues can reach beyond US$ 83 Mn. A higher growth rate is expected to be registered by North America, possibly accounting for almost 24% share of the market value in 2016. In 2017, Europe will exhibit a strong Y-o-Y growth of 7.7% over 2016, whereas that of North America is projected to be of 9.2%.

BASF SE, E I du Pont de Nemours & Company, Monsanto Co., The Dow Chemical Company, Bayer AG, Nufarm Limited, and Syngenta AG are some of the leading companies competing in the global dicamba market. Recently, DuPont and Monsanto Co. announced a multi-year dicamba supply agreement, confined to North America.

Dicamba Market by Category

By Physical Form:

  • Liquid
  • Dry

By Time Application :

  • Post-emergence
  • Pre-emergence

By Crop Type :

  • Cereal & grains
  • Oilseeds & pulses
  • Pastures & forage crops

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa
  • Japan

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Long-term Outlook: The global dicamba market is expected to expand at a robust CAGR of 15.4%.

Table Of Content

1. Dicamba Market- Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Dicamba Market Overview

4.1. Introduction

4.1.1. Dicamba Market Taxonomy

4.2. Dicamba – Product Overview

4.2.1. Dicamba Market Factor Analysis

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Trends

4.4. Value Chain

5. Dicamba Market Analysis and Forecast By Application

5.1. Introduction

5.1.1. Basis Point Share (BPS) Analysis By Application

5.1.2. Y-o-Y Growth Projections By Application

5.2. Market Size and Volume Forecast, By Application

5.2.1. Agriculture

5.2.2. Lawn & Turf

5.2.3. Others ( Forests, gardens & plants, other non-commercial applications)

5.3. Market Attractiveness Analysis By Application

continued…!

About FMI

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

Contact:

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