Security Holograms Sales to Surpass US$ 8.1 Bn as Demand Continues Increasing Packaging, Apparel, and Documents Sectors: FMI

Future Market Insights (FMI) predicts the global market for security holograms to expand at 5.3% CAGR between 2021 and 2031. Overall sales of security holograms are expected to total US$ 8.1 Bn by 2031.

Increasing focus on security and authentication along with surging demand for anti-counterfeit devices to prevent the sales of counterfeit products will strengthen growth prospects for the security holograms market.

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Security holograms are used in packaging, apparel, currency, passport, and document such as credit cards, tickets, and others as a measure taken to ascertain the authenticity. Security holograms can be customized as per the requirement of end users which adds value to the brand along with increasing the brand creditability.

Security holograms offer various benefits such as unique identification, safety & authentication, aesthetic look to a product, curbing duplication, and prevent counterfeiting among others. Considering myriad benefits they offer, security holograms are gaining popularity.

As per Future Market Insights (FMI), there are ample opportunities for manufacturers of security holograms due to the rise in usage across various sectors. By product type, the 2D/3D segment followed by the electron-beam segment is estimated to be the most lucrative segment. The targeted segments are anticipated to hold more than 3/5th of sales in the market over the coming decade.

In terms of end use, security holograms will register maximum application in documents. Demand in this segment is expected to nearly double over the course of the assessment period.

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Key Takeaways from Security Holograms Market

  • Polyethylene Terephthalate (PET) is expected to remain the preferred material for security holograms manufacturing. It is expected create an incremental opportunity of US$ ~1.6 Bn, during 2021-2031
  • North America, Europe, and East Asia will showcase the high demand for security holograms. The regions together will account for more than 65% of the global market share by the end of 2031.
  • The U.S. is expected to emerge as the most lucrative market for security holograms in North America, accounting for over 80% of sales through 2031.
  • The demand for security holograms is expected to increase by 5% CAGR in Europe over the report’s assessment period.
  • The East Asia market is expected to be dominated by China through 2031.

 “In order to gain competitive edge, companies operating in the security holograms market are focusing on capacity expansion. They are completing strategic collaborations with regional distributors as well to uncover hidden opportunities in emerging nations,” says an FMI analyst.

Security Hologram Adds Colorful Dimension to Product Packaging

Eye-catching security holograms make for beneficial packaging accoutrement. Advanced technologies, which help to create 3D security holograms, offer 3D visual effects to the packaging, which increases the packaging attractiveness. Security hologram helps to grab the attention of customers browsing through product shelves in a store, which increases the chances of sales of any product. On the back of this factor, the demand for security holograms will increase in the packaging industry.

Eye-catching security hologram maximizes the brand appeal, which attracts the brand owner to use them on product packaging. Security hologram also adds a premium look to product packaging. Therefore premium cosmetic and skincare brands and other companies use security hologram, which offers security as well as an eye-catching look.

Customized security hologram reinforces the brand identity, which is an added benefit for the brand. Customized security hologram adds real value to the product packaging and captures the essence of a product. Security hologram designed or used on a particular area of packaging enhances the visual impact. It plays a dual role of security and decoration. Overall, the security hologram adds a colorful dimension to the product packaging, which drives the demand for security holograms.

Need for Verification of Vaccination Status Creating Growth Opportunity

Health management and other authorities are facing challenges in terms of verifying vaccination status for those who are travelling outside the country or coming back to the country. To resolve the challenge, a security hologram is being placed on the vaccination card to verify the details. These holograms also can be tracked online, which makes the work of authority easy.

Ghana Health Service (GHS) is taking steps to rectify the challenges faced in the verification of vaccination status. The organization is placing security hologram on vaccination cards, which will make the work easy to verify the status of vaccination. Also, to verify the status, it has placed a separate desk at the airport, which functions only to check whether the traveler is fully vaccinated or not.

MOPP Packaging Films Market : What Are The Main Factors That Contributing Towards Industry Growth?

The global MOPP packaging films market revenue totaled US$ 204.7 Mn in 2020, according to ESOMAR-certified consulting firm Future Market Insights (FMI). With a favorable demand outlook, the global MOPP packaging films market is expected to reach US$ 367.7 Mn by 2031, growing at a CAGR of 5.2% over the forecast period.

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Sales of MOPP packaging films were dampened due to the outbreak of COVID-19 pandemic. However, with expedited vaccine drives and improvements in supply chains, FMI projects steady recovery of the market in 2021, growing at a 4.7% CAGR by volume.

Increasing applications of MOPP packaging films in manufacturing of tapes, wraps and labels is driven by their superior benefits such as high tensile strength and tear resistance.

Not only MOPP packaging films have beneficial mechanical properties, but they are visually appealing and contribute to a product’s aesthetic appeal, becoming an ideal choice of primary and secondary packaging solutions.

MOPP Packaging Films Market by Category

By Thickness:

  • Below 30 microns
  • 30 to 60 microns
  • Above 60 microns

By Application:

  • Labels
  • Tapes
  • Wraps
  • Laminates

By End Use:

  • Food
  • Beverages
  • Cosmetics & Personal Care
  • Electrical & Electronics
  • Pharmaceutical
  • Other Industrial

By Region:

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

Growing preference regarding eco-friendly packaging alternatives is encouraging advancements in MOPP packaging films market. These films are made from a single material and have high recycled value. As a result, increasing adoption of sustainable solutions in the packaging industry to comply with environment protection initiatives will continue driving sales of MOPP packaging films during the forecast period.

As per FMI’s in-depth regional analysis, the U.S. is projected to dominate the North America MOPP packaging films market. Growth can be attributed to the presence of several key market players in the country and high demand from the pharmaceutical and foodservice industries.

“Market players are currently focusing on product innovations to offer greater sustainability. Besides this, emphasis on research initiatives is expected to increase as companies aim at offering customized packaging solutions for specific industries,” says the FMI analyst.

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Key Takeaways:
By thickness, above 60-micron MOPP packaging films segment is projected to grow at a 5.6% CAGR through 2031.

Based on application, the labels segment is expected to hold 38.6% of the total MOPP packaging films market share in 2031.

Sales of MOPP packaging films in the food industry are projected to expand at a CAGR of 5.6% during the forecast period.

The U.S. is anticipated to emerge as a lucrative market, accounting for 86.2% of sales in North America by 2031.

Germany is projected to hold 15.8% of the Europe MOPP packaging films market by the end of 2031.
India will continue exhibiting high demand for MOPP packaging films over the forecast period, holding 48.7% of the South Asian market share.
North America and Europe currently hold over 53.6% of the total MOPP packaging films market owing to presence of well-established packaging films industry.

Growing Preference for Post-Consumer Recycled and Easily Recyclable Plastic Packaging Products to Drive MOPP Packaging Films Sales

Traditionally, it was not possible to manufacture high-quality packaging films from completely recycled products, but with advancements in technology standard, quality packaging films can be made completely using recycled raw material.
This is gaining popularity among a lot of manufacturers, as it helps in significantly reducing the carbon footprint of manufacturers, besides helping them to woo consumers showing inclination for sustainable packaging solutions.

Post-consumer recycled plastic is gaining a lot of traction as it is not only environmentally friendly but also comparatively affordable. The use of recycled plastic decreases the demand for the manufacturing of new plastic resins, which reduces the consumption of energy and fossil fuels compared to the requirement for the manufacturing of virgin plastic.

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Increasing Demand from Printing and Publication Industry to Improve Growth Prospects for Glassine Paper Market

The global glassine paper market is fragmented in nature with the presence of key market players in the U.S., Germany, Italy, China, and Japan. The glassine paper market is anticipated to offer lucrative opportunities to new entrants for expansion in developing nations such as India, Brazil, Malaysia in the upcoming years.

Increasing demand for glassine paper for convenience products in the food industry will improve sales prospects in Japan and the Middle East.. Low production costs, cheap labor and easy availability of raw materials are encouraging market players to expand their production facilities in Asian countries.

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As per FMI, Brazil is projected to emerge as an attractive market, owing to increasing disposable income and expansion of the food industry in Latin America.

Glassine paper is non-reactant to the food or beverages packed in it, especially the food-grade glassine paper which is made for the safe and hygienic packaging of eatables and drinkables. Moreover, increasing demand for food & beverages is resulting in the high usage of safe packaging materials, which is further augmenting growth of the glassine paper market.

Growing consumer awareness regarding quality and safety of food and beverages is bossting demand for safe packaging materials. This is anticipated to continue fueling sales of glassine paper during the forecast period.

Glassine Paper Market- Key Takeaways

  • Based on material type, unbleached glassine paper segment is expected to offer total incremental opportunity of US$ 766.4 Mn during the assessment period.
  • In terms of application, cups and wrappers segment is projected to hold 27.5% of the global glassine paper market share, while the tapes and labels segment is projected to create an incremental opportunity of US$ 444.1 Mn.
  • By end use, printing and publication segment is expected to exhibit a 6.2% CAGR through 2021. Pharmaceutical segment is expected to attract an incremental opportunity of US$ 440.9 Mn in the forthcoming years.
  • Emerging markets in East Asia and Latin America are projected to witness high demand for glassine paper, owing to increasing usage in ready-to-eat meals, holding more than 22% of market share by the end of 2021.

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“Recycling is a sustainable method to preserve environmental quality and reduce carbon footprint. Recyclability, sustainability and eco-friendliness of glassine paper will continue driving its applications in various end use industries through 2031. Glassine paper market is expected to expand with a YOY growth of 3.9% during the years 2021 – 2022,” says the FMI analyst.

Increasing Sales of Waxed Papers to Fuel Glassine Papers Market Growth

Glassine paper can be used as waxed paper, once coated with wax on its surface. Waxed papers provide an economical choice for primary food packaging not only because of their versatility but also because of their safety as tasteless, odorless, non-toxic, and relatively inert materials.

Applications of waxed glassine paper in conventional packaging applications include: delicatessen pickup sheets; box liners; cover, scale, and utility sheets; patty papers; sandwich wraps; and bags, laminations to other papers and paperboard for food trays, locker papers, carryout cartons, food pails, baking cups, folding cartons, cereal liners, and folding carton overwrap. The varied applications of waxed papers are expected to boost sales of glassine paper in forthcoming years.

Food Packaging Will Continue Spurring Demand for Glassine Paper

The exponential rise of the food industry is being witnessed in all parts of the globe, due to the rise in consumer awareness about the quality of food and safety of the food while it is being delivered to the end user. The demand for safe packaging materials is high.

The growing food delivery chains ensures that the food packaging is non-reactant to the food so that the consumer can enjoy the food without getting any reaction or harm.

Glassine paper is non-reactant to the food or beverages packed in it, especially the food-grade glassine paper is made for the safe and hygienic packaging of eatables and drinkables. Moreover, the high demand for food & beverages is resulting in the high usage of safe packaging materials, which is gradually resulting in the growth of the glassine paper market.

Ahlstrom-Munksjö Oyj, Sappi Limited, Glatfelter Corporation, Nippon Paper Industries Co. Ltd., Shandong Chenming Paper Holdings Ltd., Glassine Canada Inc., Cartiere Ermolli S.P.A., Guilin Qifeng Paper Co., Ltd., Henan Jianghe Paper Co., Ltd., Spoton Coatings Private Limited, Kamakshi Lamipack Private Limited, Patidar Corporation, Singhvi Foils, Sumika-kakoushi Co., Ltd., Fujian Naoshan Paper Industry Group Co., Ltd., GRÜNPERGA Papier GmbH, Pudumjee Paper Products Ltd., Nordic Paper AS, KRPA Paper, Inc., Metsä Tissue,

Riverside Paper Co., Savvy Packaging Pvt. Inc., UPM-Kymmene Oyj, Fibril Tex Pvt. Ltd., S.P. Enterprises, Karani Papers, LINTEC Corp and Aaradhya Disposal Industries Pvt. Ltd. are few of the market players in glassine paper market. Tier 1 players include Nippon Paper Industries Co Ltd., Sappi Limited, UPM-Kymmene Oyj, among others. The key players are estimated to hold 20% to 30% of the total global glassine paper market share.

Aluminum Chemicals Market Share by 2025: Upcoming Trends and Analysis

Aluminium is a silvery white chemical element that belongs to the boron group. It has symbol Al, atomic number 13 and under normal circumstances it is insoluble in water. Aluminium is ductile that can be drawn into wires and malleable which can be beaten into thin sheets. Aluminium chemical known as aluminium trihydrate is produced from bauxite by the bayer process which is used in production of aluminium metal. The majoraluminiumtrihydrate end use application consist of raw materials for production of chemicals that contain aluminium, reinforcement fillers and flame retardants in elastomers, plastics, adhesives and other products, coatings and filler pigments in papermaking among others. Aluminium sulfate is used as a flocculating agent for water purification.

Aluminium hydroxide is found naturally as a mineral named gibbsite that is also known as hydrargillite is used as a feedstock for manufacture of aluminium compounds such as specialty calcined alumina among others. Sodium aluminate is an inorganic commercial chemical which is an effective source of aluminium hydroxide. This chemical has various technical and industrial applications.Aluminium silicate, aluminium phosphide and poly aluminium chloride are other aluminium chemicals which are used in textile, paper and medical industry among others.

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Aluminium is extracted by two process such as Bayer process followed by hall method. In the Bayer’s process bauxite is mixed with sodium hydroxide that dissolves in aluminium oxide. The other compounds from bauxite are left at the rear. The aluminium oxide is then treated with a Hall method. Enough cryolite is not available to make aluminium that is needed and therefore, synthetic cryolite is produced for this purpose.

Aluminium has wide areas of applications. It is used as pure metal in various compounds and alloys which is made by melting and mixing more than two metals. The aluminium chemicals also find a large area of application such as textile, medical, paper and fertilizers among others. Aluminium sulfate which is also known as alum is used in the paper and pulp industry on a large scale. The other application of alum is in the water treatment plants Aluminium based intermediates are use in the production of paints, tires, textiles, leather, foods and fertilizers among others. Aluminium acetate is a salt that is used as an astringent. Aluminium borate has application in glass and ceramics. Aluminium fluorosilicate is also used to produce glass and synthetic gemstones. Aluminium hydroxide is used as a mordant and as an antacid to purify water.

The major driving factors for aluminum chemicals market is huge demand from water treatment plants and growing use of aluminium chemical in the glass and ceramic industry. Chemicals such as aluminium hydroxide, aluminium borate and aluminium sulfate are used on a large scale owing to the wide areas of applications in the market therefore boosting demand for aluminium chemicals in the market.

The major segments for aluminium chemicals market include North America, Asia Pacific, Europe and Rest of the World (RoW). China is the largest consumer of aluminium chemicals for manufacture of electronic products and plastics materials that are used to manufacture automobile parts. Therefore, Asia Pacific is expected to be the largest market for aluminium chemicals. North America is anticipated to boost demand for aluminium chemicals for manufacture of ceramics, paints and adhesives among others.

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The key companies profiled include: Krishna Chemicals, Sumito chemicals, General Chemical USA and Hindustan Produce Company among others. This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

Aluminum Chemicals Market: Report Highlights

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
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Calcium Oxide Market Size by 2025: Global Demand and Regional Analysis

Calcium oxide also known as lime is caustic, alkaline and crystalline in nature. It is synthesized by decarbonation of limestone. Most frequently occurring forms of calcium oxide are quicklime and hydraulic lime. It is a key ingredient in cement and biodiesel production. The end user industries of calcium oxide include petroleum, building & construction, steel, soda ash, refractories, bio-fuel, paper & pulp and chemical industries.

Growing demand in building & construction industry is expected to drive the market growth for calcium oxide. Growth in construction industry and increased infrastructure spending in developing countries such as China, India, Brazil and others is driving global building & construction industry. Renovation projects in developed countries are further adding up to the growth of construction industry. Further, growing demand in biofuel industry is expected to drive the market for calcium oxide. It is an important catalyst in the for biodiesel production by trans-esterification of vegetable oils and methanol. Growing demand for green fuels and depletion of conventional energy sources are driving the biofuel industry, which in turn expected to drive the calcium oxide market growth.

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Further, rising demand for calcium oxide as a desiccant in pharmaceutical and plastics industry is expected to drive the market growth. It has high moisture absorbing capacity with good dispersion in host material. In plastics manufacturing, due to high processing temperatures can result in blistering and few plastics contains moisture sensitive components that are need to be protected from moisture. For example, isocynate will react with polyurethane systems in presence of moisture. Further, rising demand for calcium oxide in petroleum industry is expected to boost the market growth. Calcium oxide acts as an indicator of water when used with phenolphthalein. When calcium oxide reacts with water, it forms calcium hydroxide which turns phenolphthalein to pink in color to indicate presence of water.

However, environmental regulations against production of calcium oxide are expected to hamper the market growth. In the production of calcium oxide, large amount of lime kiln dust is formed that may harm the environment and personnel working at production facility. Further, reducing noise, air and water pollution are major concerns for the manufacturers of calcium oxide.

Developing new applications and products of calcium oxide are expected to provide opportunities for the players in this market. For example, calcium oxide nanoparticles are developed by AXoNano Company that finds application in bio-fuel, flame retardants and cleaning process.

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Asia Pacific emerged as the largest market for calcium oxide in terms of consumption. Growing building & construction industry in developing countries such as China and India is expected to drive the market for calcium oxide. China contributes highest to the consumption and production of calcium oxide worldwide. Asia Pacific was followed by Europe in terms of consumption. The demand for calcium oxide in Europe is expected to grow at moderate level due to stringent environmental regulations in this region. However, calcium oxide as a desiccant application is expected to grow at higher pace in this region. North America was the third largest market for calcium oxide and is expected to grow at moderate pace. Rest of the World showed subdued growth due to low demand. However, RoW is expected to grow at higher pace owing to scheduled sports events Brazil.

Key players in calcium oxidemarket includeOmya UK Chemicals, Innovo Chemicals, American Elements, PrathamStarchem Pvt. Ltd., GFS Chemicals, The Dow Chemical Company,  HangzhouWenjian Calcium Industry Co., Ltd andCAO Industries among others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

Calcium Oxide Market: Report Highlights

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Corporate Headquarter
Future Market Insights,
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Acrylic Paints Market is growing at an average pace and is anticipated to record a CAGR of 4.5 % during 2022-2032

Acrylic paints market is growing at an average pace and is anticipated to record a CAGR of 4.5 % during 2022-2032.

“One of the primary differentiating competitive tactics is the development of high-performance acrylic paint bonding for manufacturers to emerge as winners in the market.”

Advances in technology-driven end use applications of acrylic paints are significant factors driving market expansion. The expansion of infrastructure also plays a pivotal role in fuelling the growth of the acrylic paints market as factors such as the water resistance and superior finish boost the its popularity.

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How is the Acrylic Paints Market Classified?

“Acrylic paint set out to be a medium for elementary use has gained a wide range of application & preference in the recent times with diversified products.”

Acrylic paint has been treated as a type of medium that is suitable for kindergarten classrooms only over the past few decades. However, with the advancement of pigmentation, consistency, and finishes, many artists – David Hockey, Helen Frankenthaler, Mark Rothko – are preferring acrylic paints as an ideal choice for acrylic art.

This changing preference has boosted the prominence of acrylic paints among artists over the years. In addition, excellent properties of acrylic paint are broadening their adoption among artists, globally.

Acrylic paints are low-maintenance mediums that do not require custom supplies such as conventional oil paints. They offer the benefits of enhanced consistency and texture. The versatile nature of acrylic paints is making them an ideal medium that allows artists to do acrylic painting on canvas.

Artists are the key consumers of acrylic paints. Companies focused on stationery products are increasing their investments in acrylic paint, further creating lucrative prospects for manufacturers. Hence, increasing adoption of acrylic paint as a professional medium of painting will continue to drive the market growth in the coming years.

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Which Region Holds a Dominant Stance in Acrylic Paints Market?

”Spending on acrylic paints market in North America is rising with the product’s adoption in home furnishing, construction, and textile.”

North America has been the most remunerative region for market players, owing to surging adoption of acrylic paints in construction activities. However, with the saturation of opportunities in infrastructure development projects, the North America acrylic paints market is poised to attain a mature market in the near term. As such, market players are turning to untapped regions such as Latin America and Asia Pacific (APAC) or revenue generation.

Increasing foreign direct investments (FDI) and the proliferation of technology in countries such as Mexico, India, Colombia, and Indonesia are creating remunerative opportunities for acrylic paints manufacturers.

Supportive government investments and tax policies further the growth of infrastructure development, which in turn is resulting in demand for acrylic paint and boosting acrylic paints market.

How is the Competition Landscape in Acrylic Paints Market?

Key players in the acrylic paints market are Azkonobe, Asian Paints India, BASF SE, Berger Paints India, Berkshire Hathaway among others.

Manufacturers are focusing on enhancing their product portfolios for manufacturing the best acrylic paint and complementing features such as colours, finish, adhesion, consistency, resistance to water and sunlight.

Major players are leveraging industrial automation to expand their production capacity and global footprint.

As residential infrastructure is a high growth area in developing countries, market players are capitalizing on research efforts towards evolving consumer trends in colour preference and desired finishes.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
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United Arab Emirates
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Polyvinylidene Fluoride (PVDF) Market | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insights

Polyvinylidene fluoride, also known as polyvinylidene difluoride (PVDF), is a specialty plastic material belonging to the fluoropolymer family. It is a pure thermoplastic and highly non-reactive fluoropolymer which is produced by the polymerization of vinylidene difluoride. PVDF is primarily used in applications which require high resistance, strength and purity to solvents, bases, acids and heat. It is also used as an important ingredient in high-end paints for metal roofing in commercial and residential applications. Membranes of PVDF are widely consumed for the purpose of immobilizing proteins owing to its resemblance to amino acids. PVDF is also used extensively in sheets, films, membranes and coatings in various end-user industries such as chemical processing, oil & gas, construction and energy.

The global market for PVDF, along with its end products has been witnessing noticeable growth over the past few years. Increasing demand for lithium-ion batteries, coatings, and photovoltaic films are anticipated to be some of the major influencing factors for the growth of the market with increased emphasis on its various applications and their end-users. North America accounted as the largest consumer for PVDF, followed by Asia Pacific. Moreover, future market growth is expected to be from Asia Pacific on account of growing demand of PVDF in various applications such as oil & gas, and coatings for building & construction industries. The market for PVDF in Western Europe is also expected to grow significantly with certain PVDF expansion projects anticipated to stabilize the overall business in this region.

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Other regions such as Eastern and Central Europe as well as Latin America are also expected to host future global events which would supplement the growth of PVDF in different applications. In addition, proposals for improvement in infrastructure, rising residential construction industry and increasing demand for lithium-ion batteries is also expected to fuel the demand for PVDF in these regions.

High demand from different end-user industries such as coatings, photovoltaic films, oil & gas, and electrical are expected to be the major growth factors for the PVDF market. However, increasing use of substitutes to PVDF is expected to slow down the growth of the market. Research & development (R&D) has been one of the key factors in the PVDF market. Various associations, end-user manufacturers and PVDF manufacturing companies have planned significant investments for future advancements and technology innovations in PVDF to replace other metals and plastics. This factor is expected to provide new opportunities for the growth of the market. Large scale companies such as Arkema have made significant investments for the expansion of PVDF polymer capacity in emerging economies such as China to meet the rapidly-growing demand for PVDF resins in emerging application such as new energies and water filtration. Moreover, the company plans to expand its PVDF business portfolio in Brazil with the expansion of their coatings production capacity. The new investment would help the company offer diversified and more domestically-produced additives and waterborne emulsions which are substantially taxed as imports in Brazil.

Arkema, Daikin Industries Ltd., Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd., Zhejiang Fotech International Co. Ltd., Kureha Corporation, Quadrant Engineering Plastics Products Inc. are some of the key manufacturers of PVDF dominating the market.

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

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & Africa

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

Global Polyvinylidene Fluoride Market

Report Highlights:

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

Hydro-processing Catalysts Market Competitive Growth Strategies Based on Type, Applications, End User and Region

In last two decades, the business of refining catalyst has grown from regional to global level. Refinery product values are dependent on process catalysts of refined products, petrochemical products and chemicals alongwith other refinery operations. One of the major concerns in the refinery is to reduce the sulphur content to the required limit. Hydro-processing catalysts (HPC) are primarily consumed in the hydro-processing operation of crude oil fractions. Such crude oil fractions include kerosene, naphtha and diesel. As a common practice, hydro-processing of crude oil fractionsis carried out at an elevated temperature and pressure. Hydro-processing is required to remove pollutants such as sulphur, heavy metals and nitrogen from fuel oils. These catalysts also help in the catalytic hydrocracking process to crack larger hydrocarbon molecules into smaller sizes,to be used as fuel oils. Thus, hydro-processing catalysts enable conversion of heavy feedstock into lighter products for efficient processing. Hydro-processing catalysts market is the fastest growing refinery catalysts market segment in the world. In addition, hydro-processing catalysts supplement the process control and operational efficiency improvement activities. Therefore, it is expected that the hydro-processing catalyst market will dominate the global refinery catalyst market by 2020.

The global hydro-processing catalysts market can be categorized on the basis of its product type as molybdenum oxides, cobalt oxides, nickel oxidesand tungsten oxides. These metal oxides are carried on a carrier or matrix of silica, alumina and silica/alumina. Further, global hydro-processing catalysts market can also be categorized on the basis of their applications such as creating cleaner fuels, ultra-low sulphur levels in diesel fuels (ULSD) and others. On the basis of technology, global hydro-processing catalysts market can be segmented as hydro-treating catalysts, hydrogenation catalysts, hydrocracking catalysts, isomerisation catalyst and reforming catalyst. Among these, hydro-treating catalysts are dominant segment at present,accounting for more than half of the global hydro-processing catalysts market.

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Refiners are more focusing to maximize residue feedstock yield through hydro-processing catalysts as petroleum product prices are rising globally. This is one of the key supply side drivers of the global hydro-processing catalysts market. Moreover, stringent environmental regulations and legislations are expanding, which, in turn, affects the heaviercrude processing and sulphur elimination process market.Enhanced refinery capacities coupled with the rising oil production are driving the growth of global hydro-processing catalysts market.

Environmental fuel specifications regulations introduced by Europe, the U.S.and few Asia Pacific countries have been driving the global hydro-processing catalysts market.Further, developed countries have mandate to reduce sulphur content whereassulphur restrictions are implemented in the developing countries such as India, China and Mexico. As hydro-processing catalysts are advantageous to reduce sulphur content, these countries are likely to open up opportunities for hydro-processing catalysts market.

Due to presence of giant oil and gas chemical manufacturers in the refinery catalyst market; the market competition is quite high. Expansion of production facilities in oil producing fields along with the strategic alliances are few of the major market strategies in the global hydro-processing catalysts market.

Some of the major market participants of global hydro-processing catalysts market include HaldorTopsøe, W. R. Grace and Company, Albemarle Corporation, Axens, UOP- Honeywell International Inc., Chevron Corporation, Royal Dutch Shell plc, BASF SE, Criterion Catalysts & Technologies, Criterion catalysts & Technologies and others. Among these, BASF has increased its R&D efforts since it acquired Engelhard. Further, BASF SE has come up with new developments in the processing of residue to increase the quality of yield.W.R. Grace and Companyhas introduced new products inthe hydro-processing catalysts market in the past five years. Thus, it is clear that global hydro-processing catalysts market participants are focused to expand their business through innovative product launches with specific market application. These innovative products include catalyst to eliminate sulphur content upto mandate limits. The worldwide hydro-processing catalysts market stands ready to meet the challenges, where energy costs significantlyfluctuate. However,fluctuating raw material prices, price spike, price collapse along with the governments enact legislation for certain related products or technologies, the demand of hydro-processing catalyst market are expected to undergo fluctuation.

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The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, product type, technology and applications.

Regional analysis includes

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across 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 qualitative impact of various market factors on market segments and various geographies.

Global Hydro Processing Catalysts Market: Report Highlights

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

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-182

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

Oxygen Market Trends| Segmentation, Outlook, Industry Report to 2027

Oxygen Market Overview

The most common occurrence of oxygen in nature is in the form of a colorless gas. It is the life sustaining element found on earth with atomic number 8 and one of the basic chemicals with symbol O. Oxygen is a highly reactive oxidizing agent and nonmetal because it readily forms oxides with many compounds and other elements. It constitutes 21% of the earth’s atmosphere. The common commercial method of preparing almost 99% pure oxygen oxygen is air separation by vaccum swing adsorption process or cryogenic distillation process.

Electrolysis of water is another method of producing pure oxygen but it is not economical for large volume of production. Oxygen is available in gas cylinders, spray cans and containers etc. The base containers for liquid oxygen are available in various quantities varying from 31 to 41 litres. The oxygen market contributes to the growth of various related markets as well such as air-oxygen blenders, medical oxygen generators, stationary and portable oxygen concentrators.

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Oxygen Market: Market Dynamics

The growth of industries such as agriculture, automobiles, beverages, chemicals, construction equipment, food, glass, medicine, ship building, space explorations, steel manufacture etc. require stable oxygen for processes; which is increasing the demand for oxygen production throughout the world. The versatile uses of oxygen in chemical industry as an oxidizing agent and catalyst are contributing to the growth of oxygen market. Use of oxygen in metal, mining and mineral processing is improving the efficiency of their processes, which reduces the overall cost of production. Oxygen consumption as breathing aids and apparatus is increasing around the globe because of the increasing pollution, which contaminates air and reduces quantity of natural oxygen in the breathing air.

Liquid oxygen is extremely cold apart from its vast applications. It can cause severe frostbites and cryogenic burns to the skin. Lack of written safety instructions by oxygen vendors cause injuries while handling oxygen apparatus. The cost of producing oxygen for different purposes such as medical and industrial is high, which makes it an expensive chemical, thereby affecting the growth of its market. Oxygen is being used instead of air to improve performance and capital efficiency in various industries. Oxygen can also enable and activate carbon capture processes. Oxygen is used in gasification processes, process heaters, industrial fermentation and boilers to enhance productivity. In water treatment plants, oxygen is being added directly to the waste water in order to improve the effectiveness of removing pollutants from the water. Most of the celebrities undergo oxygen facials at spas, these facials provide instant nutrition and radiance to the skin. A pressurized steam of oxygen under hyperbaric therapies fortifies the skin with vital nutrients.

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Oxygen Market: Segmentation Overview

Oxygen is used for medical hyperbaric therapies done in an hyperbaric oxygen chambers for treatment of soft tissue infections, thermal burns, crush injuries, diabetes related wounds, delayed radiation injuries, certain skin grafts and flaps etc. Oxygen gas is used to treat patients with carbon monoxide poisoning. Breathing apparatus made up of oxygen are used in hospitals to treat patients, also by mountaineers and scuba divers while diving and trekking. Oxygen is used in combination with acetylene for metal cutting, melting and welding purposes. It is also used by mining companies to blast off the rocks.

Liquid oxygen is used in launching bipropellant vehicles and gaseous oxygen is used to support rocket fuel combustion in spaceships. Oxygen is also used as an assist gas for laser and plasma cutting. It is also added in small quantities to shielding gases. Oxygen is used to increase the production capacity of oxidation processes and in its purest form, oxygen is used to manufacture many useful chemicals such as titanium dioxide and ethylene oxide. In glass manufacture, oxygen is used to enhance combustion in glass furnance and reduce emissions of NOx. Oxygen is used to enhance or replace air in industries for ferrous as well as non-ferrous production of metals. In biotechnology, oxygen is critical for applications related to the cell growth. In pharmaceuticals, oxygen is used in fermenters and bioreactors. Oxygen is used in many refineries in order to enhance the capacity of Sulphur Recovery Units (SRU) and Fluid Catalytic Cracking plants (FCC), which improve waste water treatment operations.

Oxygen Market: Regional Outlook

The global oxygen market geographically is segmented as North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. The APEJ region, holds a significant market share of oxygen owing to the growth of healthcare and manufacturing sector. Furthermore, the growth in mining and mineral processing, wherein oxygen is a key catalyst, aids in boosting growth of oxygen market in the region. The market in North America and Europe, is more inclined towards increasing consumption of oxygen because of the increasing scientific and waste recycle applications.

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Oxygen Market: Prominent Players

Some of the prominent players in the global oxygen market are:

  • The Linde Group
  • Air Liquide
  • Praxair Technology, Inc.
  • TAIYO NIPPON SANSO
  • Airgas, Inc.
  • AIR WATER INC
  • Yingde Gases
  • Baosteel Metal Co., Ltd.
  • Guangdong Haute Gas Co., Ltd.

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

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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.

Oxygen Market: Segmentation

The global oxygen market can be segmented on the basis of form of oxygen:

  • Gaseous
  • Liquid
  • Solid

It can also be segmented on the basis of applications:

  • Pharmaceutical
  • Cosmetics
  • Mining and mineral processing
  • Automobiles

The global oxygen market can also be segmented on the basis of end use industries:

  • Medical
  • Industrial
  • Scientific

Report Highlights:

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

 

Industrial Chemical Packaging Market Set to Expand 1.5x through 2031 Backed by Implementation of Favorable International Chemical Transport and Storage Laws: Study

The industrial chemical packaging market is projected to expand at a steady pace, registering growth at 4.0% CAGR between 2021 and 2031, as per the a survey conducted by Future Market Insights.

Due to the unprecedented outbreak of COVID-19, restrictions imposed by regulatory authorities have negatively impacted the sales of industrial chemical packaging solutions. However, in the coming years spike in demand for chemicals and growth in international trade of hazardous materials will result in long term growth of the global industrial chemical packaging market.

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Development of the latest international trade routes and improvements in supply chain and logistics networks will enable companies to deliver goods across continents in lesser time. These developments will therefore fuel the demand for durable and high-capacity packaging solutions for hazardous chemicals.

Manufacturers in the industrial packaging industry are adapting to the needs of modern-day markets. Continuous upgrades in production technology are made mandatory for all manufacturers, either small or large to stay competitive in the market.

State-of-the-art leak detecting machinery and advanced testing solutions are designed for making sure the chemical packaging solution is in tandem with international safety standards and complies with weight handling capacity.

Key Takeaways from Industrial Chemical Packaging Market

  • Intermediate bulk containers are the most widely used packaging format for safe and easy transportation of industrial chemicals, as these containers are versatile, pallet mounted cost-effective. IBC’s currently account for more than 64% of industrial chemical packaging solutions sold worldwide.
  • Backed by the presence of the renowned pharmaceutical companies in the country, the U.S. is the largest consumer of chemical packaging solutions.  The U.S. market is anticipated to offer incremental opportunities worth US$ 4.4 Bn over the next decade.
  • Recyclable and re-usable features make plastic preferred material in the industrial chemical packaging market. It is expected to account for over 40% of packaging solutions produced over the forecast period.
  • After witnessing slight decline in FQ-20, Germany market is expected to register a y-o-y growth of almost 4% in the year 2021.
  • Specialty chemicals segment will offer incremental opportunity of US$ 36.5 Bn between 2021 and 2031.

“Meteoric rise in demand for advanced packaging solutions for hazardous materials, due to the implementation of stringent international safety standards for storage and transportations of harmful chemicals is pushing the demand for advanced leak-proof packaging products,” says FMI analyst. 

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Sustainability to be a Key Concern for Top Manufacturers

Increasing global pollution has compelled key players of the packaging industry to use eco-friendly raw materials, which are recyclable or offer re-usability. Along with that, manufacturers need durable materials to provide strength to the industrial chemical packaging solutions, which can carry heavy weight.

Producers are therefore shifting focus towards High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Metallized Polyethylene Terephthalate (MET-PET), and other reusable materials, which are cost-effective and have a wide range of features.

Industrial Chemical Packaging Market Landscape

Some of the key players dominating the global industrial packaging market are ProAmpac, Tote Systems International, LP, US Display Group, Myers Industries, Inc., Assmann Corp. of America, DENIOS Ltd., Hoover CS, Segezha Group GmbH, CLA Containers, Greif, Inc., RIKUTEC Group, Müller Group, Knack Packaging Private Limited, Mauser Group B.V., PVN Fabrics Pvt. Ltd., Time Technoplast Ltd., Pyramid Technoplast Pvt Ltd., Tripura Containers Private Limited, East India Drums & Barrels Mfg. Co and Schuetz GmbH & Co. KGaA.

Industrial Chemical Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the industrial chemical packaging market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the industrial chemical packaging market on the basis of packaging format (IBC, flexi tanks, drums, pails & jerry cans, bags & sacks and others), material (metal, plastic and paper & paperboard) and the chemical type (specialty chemicals and commodity chemicals) across seven regions.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help