Waste-Derived Pyrolysis Oil Market is projected to witness a growth rate of 4.7% over the forecast period of 2022 and 2029

Increasing demand from several end-use industries has resulted in fluctuating oil prices in recent years. Oscillating oil prices have forced end users to look for alternative means to fulfil their fuel needs. Pyrolysis oil production utilizes different types of waste to produce oil, which can be used as diesel, gasoline, and automotive fuel, among others.

Growing demand for waste-derived refined pyrolysis oil for heat & power, automotive fuels, bio refineries, food flavouring are anticipated to bolster its consumption rate in the coming years. Considering this, FMI has projected the global waste-derived pyrolysis oil sales to reach a value of US$ 456.4 Mn by 2029 end.

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Key Takeaways of Waste-derived Pyrolysis Oil Market Study

  • The fast pyrolysis process is practiced on a larger scale by multiple manufacturers; hence, it is expected to sustain its prominence over the forecast period.
  • Biomass, as a source, is easier to crack, and is also a very popular raw material in regions such as Europe, East Asia, and South Asia.
  • The waste-derived pyrolysis oil market is still in its nascent stage; however, it holds a lot of promise. End uses such as heat & power for energy production through boilers, turbines, and engines are expected to hold higher market share over the forecast period.
  • Waste-derived pyrolysis oil also has prominent application in food aromas, plant protectors, or growth enhancers in the food flavoring segment.
  • East Asia, Europe, and North America are expected to be prominent regional markets over the forecast period, owing to the presence of a large number of tier II & III players in East Asia, and tier I players in Europe and North America.

“Global players such as BASF SE, Honeywell UOP, Dow Inc., and ConocoPhillips, among others, have invested strategically in the waste-derived pyrolysis oil market in the recent past, which suggests that major manufactures are keeping tabs in the market as it holds a lot of potential in the coming future.”

Market Landscape Moving Towards Fragmentation

The waste-derived pyrolysis oil market is fairly consolidated, as a few players have the capability of extensive R&D as well as production capacity. Key tier I manufacturers such as Agilyx, Inc., Enerkem, and Ensyn are opting for growth strategies such as collaborations, joint ventures, and other inorganic growth strategies, along with product development. However, the high emergence of new players is expected in the coming years, owing to the inexpensive set-up of pyrolysis units as well as yearly incrementing oil prices.

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Waste-Derived Pyrolysis Oil Market Taxonomy

Fuel Type

  • Unrefined
  • Refined

Pyrolysis Process

  • Fast
  • Flash
  • Others

End Use

  • Heat & Power
  • Automotive Fuel
  • Bio Refineries
  • Food Flavouring

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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Want to Know More?

Future Market Insights has published a market research report on the waste-derived pyrolysis oil market that contains global industry analysis of 2014–2021 and opportunity assessment for 2022–2029. The report provides insightful analysis of the waste-derived pyrolysis oil market through five different segments – fuel type, pyrolysis process, source, end use, and region. The waste-derived pyrolysis oil market report also talks about the demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, and a detailed overview of the parent market.

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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Diketene Derivatives Market is expected to expand at a CAGR of 8.2% over the forecast period of 2018 to 2028

Future Market Insights’ new market research report titled ‘Diketene Derivatives Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028′, investigates the diketene derivatives market, and provides critical insights for the forecast period 2018 and 2028.

As per the findings of the report, the global diketene derivatives market is expected to witness significant growth between 2018 to 2028, because of reasons such as increasing demand from pharmaceutical and nutraceutical, agrochemical, and pigment and dye industries. The global diketene derivatives market was valued at US$ 324.9 Mn in the year 2017, and is expected to expand at a CAGR of 8.2% over the forecast period of 2018 to 2028.

Increasing production of medicines, vitamins, pesticides, and paints and coatings, among others, has resulted in a drastic increase in the demand for diketene derivatives, which are used as intermediates in their production. This explains the projected high growth of the diketene derivatives market during the forecast period.

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South Asia Expected to Project Significant Growth Opportunities for Global Diketene Derivative Market Players

The global diketene derivatives market is fairly large and consolidated. There are a few players that have established themselves at international as well as domestic levels. These players are trying to grow further by expanding into high-growth regions, and also by expanding their manufacturing capacities to cater to the increasing demand.

East Asia is expected to be a prominent region in the global diketene derivatives market throughout the forecast period, because of the increasing production and consumption in China. Besides East Asia, South Asia, which includes countries such as India, Malaysia, and Thailand, is also projected to be a lucrative region for the global diketene derivatives market.

Developing economies, industrialization, and increasing annual income of the population in this region are some of the reasons that are majorly driving the opportunities of growth in South Asia.

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Alkylamides – by Derivative, and Pharmaceuticals & Nutraceuticals – by Application, to Remain Prominent over the Forecast Period

The market has been segmented on the basis of derivative and application, besides the seven regions.

  • On a global level, the alkylamides in the global diketene derivatives market are expected to be the top selling derivative throughout the forecast period. The growth of the sales of this segment over the forecast period is projected to be significantly high when compared to other derivatives such as arylamides, alkylamides, and dihydroacetic acid (DHS) and salt, among others.
  • Diketene derivatives are consumed for many applications such as pharmaceuticals and nutraceuticals, agrochemicals, and pigments and dyes, among others. The pharmaceuticals and nutraceuticals segment is estimated to be one of the prominent applications of diketene derivatives, and is expected to consume a considerable volume of diketene derivatives throughout the forecast period.
  • Besides pharmaceuticals and nutraceuticals, the application of diketene derivatives in the agrochemical industry is also expected to create significant revenue for the global diketene derivatives market. This is driven by the increasing amount of cultivation across geographies, which has resulted as a consequence of the global hike in demand for food. Utilization has become a necessity for farmers in order to increase their farming yield and prevent crop destruction. This directly creates demand for diketene derivative, and hence drives the growth of the market.

Diketene Derivatives Market: Vendor Insights

The report highlights some of the market players that are prominent and have established themselves as the leaders in the global diketene derivatives market. Most of these players offer diverse portfolios of diketene derivatives for various end-use industries. Other key strengths that are important and common among these global diketene derivative players are their global presence and active participation in research and development (R&D), which helps them compete, expand their diketene derivatives product portfolio, and grow further in the global diketene derivatives market.

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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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Europe Advanced Aerospace Coatings Market is anticipated to register the CAGR of 4.9% through 2028

The report provides comprehensive information on market trends, value (US$ Mn) and volume (‘000 Li), competition, recent developments and dynamics in Europe advanced aerospace coatings market for the duration between 2018 and 2028.

The Europe advanced aerospace coatings market was valuated at just-over US$ 390 million in 2018, which is anticipated to register the CAGR of 4.9% through 2028. Increasing demand for efficient and lightweight advanced aerospace coatings is expected to be a major factor driving the demand for advanced aerospace coatings in the Europe market during the forecast period.

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Rising Aircraft Production & Expanding Fleet Size Continues to Generate Sustained Demand for Advanced Aerospace Coatings in Europe
Europe’s increasing air passenger traffic has been leading to an increase in the demand for commercial aircraft. This, in turn, has been leading to an increase in the production of commercial aircraft. The growth of the advanced aerospace coatings market is directly dependent on the total aircraft production and the fleet size.

Rising production and sales of aircraft, particularly in developing countries within the region are anticipated to create noteworthy opportunities in Europe’s advanced aerospace coatings market. Increasing aircraft deliveries by leading manufacturers such as Airbus and Boeing are underpinning substantial additions to the existing aircraft fleet size of Europe.

Progressing Scenario within MRO Segment to Majorly Influence Europe’s Advanced Aerospace Coatings Market Growth

As the number of aircraft that are in service is increasingly constantly, the report prompts at the subsequent rise in demand for maintenance, repair, and overhaul (MRO) of various aircraft parts, components, and vital systems. This, according to FMI, will trigger the revenue growth of MRO sales channel within Europe’s advanced aerospace coatings market during the forecast period.

The MRO sales channel of commercial segment of the Europe advanced aerospace coatings market is projected to grow at a 5.9% value CAGR during the forecast period. Increasing fleet size of commercial as well as business aircraft and high demand for customized exteriors are some of the other factors driving the growth of the advanced aerospace coatings MRO sales channel.

Aftermarket Sales of Advanced Aerospace Coatings in Europe to Gain Uptick with Soaring Demand for Leased Aircraft

An aircraft, being one of the most expensive commodities, a number of small airline carriers prefer to lease from major players. While leasing of aircraft helps these airline carriers avoid high capital investments, they generally tend to renovate the entire aircraft before putting it into operation. The entire aircraft cabin is renovated according to specific requisites of respective airline carriers and their customer demands.

More often, a leased aircraft is coated with multiple paints and colors, highlighting the symbol and logo of particular airlines. According to the report, increasing rate of aircraft leasing will continue to push the growth of advanced aerospace coatings market in Europe.

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Rapid Sales of Advanced Aerospace Coatings Continue to Suffer from Relatively Gradual Growth of European Economies, Post Crisis

Post the financial crisis, economic growth has slowed down, as compared to the growth registered prior to the financial crisis. Wage growth has been weak and most of the industrial work has been outsourced to emerging economies, which has made industrial investment in developed economies weak. This, in turn, has been restraining the growth of the advanced aerospace coatings market.

Democratic uprisings, such as the Arab Spring, economic sanctions against Russia and the involvement of Ukraine in a proxy war, have pushed many countries into an economic turmoil. The market in these nations has been deteriorating exponentially and in recent times, these markets have been exhibiting a moderate growth scenario. Due to the economic crisis, the purchasing in these countries has come down drastically and subsequently, the demand for advanced aerospace coatings has suffered.

Advanced Aerospace Coatings Market – Competition Landscape

The Europe advanced aerospace coatings market is consolidated with the top two market players (Akzo Nobel and PPG Industries Inc.) accounting for double-digit market shares as of 2017. The top ten players in the Europe advanced aerospace coatings market are projected to collectively account for between a 50% and 60% market share.

In the recent past, the advanced aerospace coatings market has witnessed significant improvements from a competition perspective. Acquisitions, collaborations and expansion of production capacity are some of the key strategies being adopted by market players to expand and sustain in the Europe advanced aerospace coatings market.

Praxair, Inc. and GE Aviation opened a new facility in the U.S. for their PG Technologies business that specializes in advanced coatings and enables jet engines to withstand high stress and temperatures
PG Technologies Ltd. announced that it intends to add a new additional coating capacity in Singapore to meet the ever-increasing demand from the aviation industry
Akzo Nobel opened a specialty coatings facility in Dongguan, China, primarily for the production of advanced aerospace coatings for South and North Asia aviation markets

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Key Questions Answered in the Advanced Aerospace Coatings Market Report

How has the advanced aerospace coatings market evolved over the past four years?
What are some of the prevailing market dynamics in the advanced aerospace coatings market?
What shape is the advanced aerospace coatings market expected to take in terms of volume and value during the study period?
What are the competition developments and trends in the advanced aerospace coatings market?
What are the important key challenges, opportunities and improvement factors for advanced aerospace coatings market players?
What are some of the underlying macro-economic and industry factors impacting the growth of the advanced aerospace coatings market?
What are some of the important market positioning and key strategies of key advanced aerospace coatings manufacturers as per the market taxonomy?
How is the competition structured at present and how has it evolved in the advanced aerospace coatings market over the past few years?

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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Tire Materials Market to approach the valuation of US$ 100 Bn towards the end of forecast period- FMI

Future Market Insights recently published a report titled “Tire Materials Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028” that offers decisive insights pertaining to the global tire materials market and provides extensive information through organized market research. According to the report, the global tire materials market has been envisaged to approach the valuation of US$ 100 Bn towards the end of forecast period.

Silica to Witness an Upsurge in Demand with Increasing Production of Green Tires

Synthetic rubber and fillers used in automotive tires have significantly changed over the past decade. Attributing to the rising environmental concerns, many regions have formed regulations that mandate tire labeling. The implementation of labeling initiatives and growing environmental concerns have led to an increase in the production of high-performance tires or green tires. Regulatory bodies have also laid incentives for manufacturers and consumers with a preference for performance tires.

Due to the adoption of green technology, silica is extensively being used as a filler material as an effective replacement for carbon black in the recent years. The adoption of silica in the production of green tires has reduced CO2 emissions almost by 7% and increased fuel efficiency. Thus, increasing focus towards the reduction of carbon footprint and greenhouse gas effects is driving the demand for silica in tire production.

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Increasing Automotive Production and Ever-rising Size of Vehicle Fleet to Boost the Tire Materials Market

Tires are a vital part of the automotive industry and thus, the production and sales of vehicles directly affect the dynamics within the tire industry. Increasing automotive production in emerging economies has been driving the demand for tires from OEM manufacturers, which has led to an increase in tire production activities. Growing tire production is driving the demand for tire materials. In a vehicle, a tire is one such part that must be replaced frequently, after every 2-3 years.

A tire experiences maximum wear and tear. Further, it is estimated that in FY2017, the global vehicle parc was about 1.3 Billion. Thus, it can be easily concluded that the growing vehicle parc and production will augment the market of automotive tires. Expansion of the tire industry is expected to fuel the demand for tire materials while the growing fleet size will add to tire replacement activities and indirectly influence the demand for tire materials.

Increasing middle-class population, coupled with rising urbanization in developing countries, is expected to increase the number of vehicle owners as many people will be able to afford vehicles. Apart from this, the increasing youth population has also led to an increase in the sales of automotive, which is a positive sign for the tire materials market.

Also, changing lifestyle and increased standard of living have increased the adoption of high-performance tires as well as branded tires, which is expected to positively impact the tire materials market. The increasing number of vehicle owners will push the growth of both OEM as well as aftermarket segments and thus, the growing demand for tires is expected to boost the tire materials market in the coming period.

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East Asia will Become a Prominent Regional Market for Tire Materials

The global tire industry has been witnessing a shift in tire manufacturing activity, with East Asia and South Asia accounting for more than 50% of tire manufacturing facilities. Easily available raw materials, economic & political stability, and availability of skilled & cheap labor have attracted key tire manufacturers to invest in East Asia and South Asia.

China and Japan are prominent tire manufacturing countries wherein China is estimated to be the leading tire producer and the presence of companies such as Bridgestone Corporation and Yokohama Rubber Company makes Japan a promising tire manufacturing country, owing to which East Asia is estimated to be the prominent market for tire materials.

North America and Europe tire industries are estimated witness a slowdown in the coming years, due to the increasing competition from Chinese tire manufacturers and their low-ranged products.  However, North America and Europe are anticipated to be potential markets for tire materials, owing to the predominance of key tire manufacturers in the region.

Solvay SA, Lanxess AG, Exxon Mobil Corporation, JSR Corporation, Cabot Corporation, Birla Carbon, and Evonik Industries AG are among the key players identified in the tire materials market.

Robust Industrial Growth Driving HCV and LCV Sales

Due to the flourishing industrial sector, including manufacturing, mining, construction, utilities and oil & gas, the sales of HCVs and LCVs has increased in the global market and is expected to further increase during the forecast period. Due to this, many tire companies are entering the market in the Asia-Pacific and MEA regions with the hope of capitalizing on increased sales and expanding their geographical footprint.

Companies in the tire materials market are focusing on developing products that comply with safety norms of the local market. Through effective research, development and innovation, global manufacturers will find opportunities to capture the unexploited market and increase their market share. Thus, increasing tire production activities to cater to this increasing demand will positively influence the tire materials market

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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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Ethylene Dichloride Market estimated to expand at a 3.7% value CAGR over 2018-2028

Future Market Insights has published a new research study titled “Ethylene Dichloride Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028”. As per data cited in the report, the market value roughly equated US$ 16.5 Bn in 2018, which will reportedly grow at a modest 3.7% CAGR through 2028. The overall Y-o-Y growth estimated for the global ethylene dichloride market will remain moderate, under-4% throughout the projection period, 2018-2028.

The study attributes the positive growth prospects of ethylene dichloride market to the increasing consumption of ethylene dichloride (EDC) across the chemical industry, which is further strongly supported by robust growth of infrastructural activities demanding volumes of ethylene dichloride for specialized applications. According to FMI’s analysis, applications of ethylene dichloride will be prominent in polyvinyl chloride (PVC) or vinyl monomer chloride, generating high traction within the residential and commercial infrastructure.

  • Vinyl monomer chloride segment is estimated to hold more than a three-fourths market value share in the global market by the end of the forecast period.
  • Collectively, North America and East Asia are expected to hold more than half the value share of the global ethylene dichloride market.
  • In the East region, China is a prominent consumer of ethylene dichloride.

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Chemical Industry Continues to Extend the Lion’s Share towards Ethylene Dichloride Market Growth

The global chemical industry is expected to exhibit strong growth over the next few decades, which is most likely to accelerate a shift from imports to domestic manufacturing bases, particularly in emerging economies. While developing regional markets continue to receive strong governmental support, the report opines that consumption of ethylene dichloride will continue to see a surge over the coming years.

Substantial volumes of ethylene dichloride are consumed as a solvent in the manufacturing of ethylene amines and in the fumigation production process. Thus, the growth of the chemical industry is expected to directly propel the growth of ethylene dichloride market.

Furthermore, growth of textile, adhesives, and mining industries will create high-potential opportunities for intermediates such as ethylene dichloride. Such organic growth across multiple end users of ethylene dichloride is projected to fuel the global ethylene dichloride market growth during the forecast period.

Ethylene Dichloride Finds Applications as a Raw Material in PVC Production

Ethylene dichloride is predominantly used as a raw material of polyvinyl dichloride (PVC) and thus, the ethylene dichloride market is influenced by the thriving PVC/VCM market.

Global PVC sales accounted for the revenue of over US$ 58 billion in 2017 and the consumption is expected to grow at a healthy rate through 2022, as indicated by research. In light of this unmet demand for PVC, the global ethylene dichloride market is anticipated to register a healthy CAGR throughout the forecast period.

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Stringent Regulations on Ethylene Dichloride Create Manufacturing Challenges

On the flip side, ethylene dichloride is toxic in nature and highly flammable, and has a pleasant chloroform-like odour and irritating vapours. It can affect the nervous system, cause nausea, drunkenness, depression, and vomiting.

EDC affects the central nervous system and cardiovascular system and in certain cases, it may be fatal. It is considered poison for the liver and kidney. These factors are estimated to hinder the overall performance of ethylene dichloride market in years to come.

Leading Ethylene Dichloride Manufacturers Adopt Application-specific Business Strategies

Key players of the global ethylene dichloride market are focusing on collaborations, innovative product development, acquisitions, and expansion. Manufacturers are primarily targeting high development areas and producing application-specific products to gain higher market attraction.

  • Olin Corporation (Manufacture of ethylene dichloride) signed an agreement with The NRC Group for the distribution of chemical products including ethylene dichloride, epoxy resins and curing agents for coatings, civil engineering, adhesives and composites industries across Europe. Further, in 2015, the company acquired the Chloralkali and epoxy division from The Dow Chemical Company to fulfil the increasing demand for commodity chemicals.
  • Three subsidiaries of TOSOH CORPORATION, a manufacturer of ethylene dichloride, namely Tosoh Finechem Corporation, Tosoh F-Tech, Inc and Tosoh Organic Chemical Co., Ltd. were merged together to combine their distinctive technologies to accelerate the development of chemical compounds.
  • In 2019, Formosa Plastics Corporation, a manufacturer of ethylene dichloride, announced the expansion of ethylene dichloride production by up to 800,000 metric tons per annum in Mailiao, Taiwan.

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The report on the global ethylene dichloride market studies some of the major players in the ethylene dichloride market, such as Occidental Chemical Corporation, Formosa Plastic Corporation, Olin Corporation, Vynova Group, Tosoh Corporation, SABIC, Tokyo Chemical Industry Co., Ltd. PT Asahimas Chemical, Prochem, Inc., and ThyssenKrupp AG, and among others.

Graphene Nanocomposites Market reaching a valuation of US$ 2,796.7 Mn by 2031

Future Market Insights offers significant information on the global graphene nanocomposites market and delivers extensive information by structured market research. The report titled “Graphene Nanocomposites Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028” assesses the market and forecasts the upcoming market scenario based on the product type, application and region.

The global graphene nanocomposites market is estimated to have been pegged at US$ 50.4Mn in terms of value at the end of 2018 and is expected to potentially reach US$ 800.4 Mn by the end of 2028, registering over 15X growth during the forecast period. The graphene nanocomposites market report divulges that the adoption of graphene nanocomposites for the electronics & energy storage application is estimated to account for almost 50% of the consumption during the forecast period.

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Increasing Investments and Funding for R&D Activities to Propel Growth of Graphene Nanocomposites Market

In today’s world, research & development (R&D) plays a substantial role in improving national competitiveness and sustainability. In recent years, many developing and underdeveloped countries are looking to catch up to the global R&D landscape, owing to which there have been significant changes in the field of science and technology.

Material science plays a crucial role in laying the foundation for various key industries. Graphene was discovered in 2004 and since then, its exceptionally advanced properties and huge potential applications in various fields have set the pace for its research & development. Escalating research and development activities will be the prime factor responsible for the Graphene nanocomposites market growth in the coming years.

Over the years, graphene nanocomposites have gained tremendous attention from research institutes, universities, science & technological organizations among with various governments. Increasing popularity of graphene nanocomposites has boosted the number of investments and initiatives taken for the enhancement and commercialization of graphene nanocomposites at a large scale. Important initiatives, such as EU Graphene Flagship, are aiming to commercialize graphene nanocomposites at a significant scale. Graphene nanocomposites are finding applications in important fields such as electronics, energy storage, medical & bio-medical technology, among others. It is anticipated that the commercialization of graphene nanocomposites at a larger scale will initiate a new era for technological advancements and modern material science.

The global funding for commercialization of graphene nanocomposites and R&D activities has reached over US$ 3.0 Bn over the years. Collective efforts from academia, manufacturers and end-use industries for the rapid growth of graphene nanocomposites across the world are expected to drive the growth of the graphene nanocomposites market. Also, the considerable expansion of production capacities will be responsible for the growth of the graphene nanocomposites market.

Graphene Oxides to Witness an Upsurge in Demand Over Years Due to Their Low Price Range

Graphene nanocomposites have been categorized on the basis of product type as graphene oxide (GO) and graphene nanoplatelets (GnP). Both graphene oxide and graphene nanoplatelets find significant applications in numerous industries such electronics, medical & bio-medical, and polymer composites. However, due its low price range, graphene oxide is expected to witness demand growth in price-sensitive regions such as developing and underdeveloped countries.

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East Asia to be a Prominent Region in Graphene Nanocomposites Market, due to Noteworthy Presence of End-Use Industries

The prominent presence of potential end-use industries such as electronics & optoelectronics, energy generation & storage is anticipated to drive the growth of the East Asia graphene nanocomposites market. Countries such as China & South Korea are highly emphasizing on the commercialization of graphene nanocomposites at a significant level.

Intensifying research & development activities and increased efforts towards the commercialization of graphene composites in regions such as North America and Europe are anticipated to make these regions prominent markets for graphene nanocomposites. The increasing focus on technological advancements and research & development in countries such India, Singapore and Australia is expected to boost the growth of the graphene nanocomposites market during the forecast period.

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Graphene Nanocomposites Market: Competition Outlook

The global graphene nanocomposites market is a highly fragmented market with over eighty market participants. As the commercialization of graphene nanocomposites is not at a large scale yet, market participants with high manufacturing capabilities are expected to play a crucial role in the graphene nanocomposites market.

Capacity expansion, the signing & development of strategic agreements and product innovation are a few of the key strategies undertaken by key players to expand and sustain in the global graphene nanocomposites market.

Haydale Graphene Industries Plc, Applied Graphene Materials, Talga Resources Ltd, XG Sciences Inc., and Versarien plc are among the key players identified in the graphene nanocomposites market. Some of the key recent developments & industrial activities in the global graphene nanocomposites market are:

  • In July 2018, Versarien Plc collaborated with ZapGo Ltd. for the development of super capacitors with the help of Nanene for the enhancement of electrical conductivity
  • In April 2018, Versarien Plc signed an agreement with Luxus Ltd., a plastic recycling company, for the development of graphene-enhanced polymers and recycled polymers for customer projects
  • In September 2017, Haydale Graphene Industries Plc announced a commercial and technical partnership with Briggs Automotive Company for the supply of graphene-enhanced carbon fiber for body panels
  • In November 2016, Haydale Graphene Industries Plc and Huntsman Advanced Materials signed a joint development agreement for the development and supply of graphene-enhanced functional resins

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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Residential & Commercial Smart Glass Market is projected to reach approximately US$ 14 Bn by 2028

Residential and commercial smart glass worth approximately US$ 15 billion will be sold by the end of 2028. Up from the market value attained in 2018, the global sales of residential and commercial smart glass are estimated to observe a substantial CAGR of over 15% during 2018-2028.

According to a new market study of Future Market Insights, the demand for residential and commercial smart glass will remain on a constant high over the coming years. The global residential and commercial smart glass market is currently receiving strong demand from the commercial sector. However, it is more likely that the demand for smart glass will gather momentum in the residential sector, in the near future. The report attributes this demand growth to increasing initial interest of buyers in residential and commercial smart glass, particularly for bungalows and luxury apartments.

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Energy Control & Other Clean Technology Initiatives to Boost Residential & Commercial Smart Glass Market Growth

Various initiatives for the clean technology and mostly related to energy conservation and sustainable use of energy is driving the customers to use different products which would serve the purpose. Also, these initiatives are compelling manufacturers of residential and commercial smart glass to invest heavily in the development of versatile products compatible for efficient energy consumption, besides basic functionalities of smart glass.

On the other side, residential and commercial smart glass solutions incur heavy initial expenditure that includes procurement as well as installation expenses. High procurement and maintenance expenses will remain longstanding challenges associated with the revenue growth of residential and commercial smart glass market. Moreover, though most residential and commercial smart glass solutions are dirt-proof and demand occasional cleaning, regular maintenance is required to keep these integrated technologies bug-proof, which further demands expensive regular maintenance. This is projected to have a restraining impact on the overall adoption rate of residential and commercial smart glass solutions.

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Global Residential and Commercial Smart Glass Market Forecast

As far as the residential and commercial smart glass market is observed for indoor conference room, office privacy protection, shower room and product projection application, switchable PDLC (Polymer dispersed liquid crystals) residential and commercial smart glass are used the most.

By region, North America is anticipated to dominate the global residential and commercial smart glass market over the forecast period. North America residential and commercial smart glass market, is expected to be followed by Europe residential and commercial smart glass due to the high percentage of luxurious homes and other commercial building in the region.

In terms of growth rate SEA & others of APAC has the highest CAGR in the residential and commercial smart glass market, followed by China and Latin America residential and commercial smart glass market, which also have a good growth rate compared to the other regions in the market.

The market for the residential and commercial smart glass market is segmented on the basis of end-user, technology type and regions. The end–user segment in the residential and commercial smart glass market is further divided into residential and commercial segments. The residential segment is then further divided into smart windows & doors, smart glass partitions, smart shower glass, and smart glass walls. The commercial sector is further segmented into commercial buildings, architectural use, automobiles, aircraft, marine, consumer electronics and others.

As per the technology type segment the residential and commercial smart glass market is segmented into Electrochromic, Thermochromic, Photochromic, Suspended Particle Device, and Liquid Crystal. The residential and commercial smart glass market is also divided as per building type in the residential segment.

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Residential and Commercial Smart Glass Market: Segmentation

On the basis of end user, the global residential and commercial smart glass market has been segmented into:

Residential
Commercial

On the basis of technology type, the global residential and commercial smart glass market has been segmented into:

Electrochromic
Thermochromic
Photochromic
Suspended Particle Device
Liquid Crystal

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:
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Future Market Insights,
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Website: https://www.futuremarketinsights.com

Colloidal Metal Particles Market is expected to reach US$ 32,376.5 Mn by 2028 end

FMI presents an in-depth analysis and key insights on the global colloidal metal particles market in its latest market study titled ‘Colloidal Metal Particles Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028’. The long-term outlook on the global colloidal metal particles market remains positive with the market valued at over US$ 14,542.6 Mn by 2018 end and expected to reach US$ 32,376.5 Mn by 2028 end. The global colloidal metal particles market is estimated to expand at a growth rate of over 8.3%, through the forecast period.

Among the product type segments, the titanium oxide colloidal metal particles segment is expected to account for a large volume proportion of the market while the gold colloidal metal particles segment, given its high price, is expected to account for a noteworthy value proportion in the in the colloidal metal particles market during the forecast period.

From a regional viewpoint, China is anticipated to hold a sizeable proportion of the market throughout the forecast period, witnessing 7.6% growth between 2018 and 2028. In its latest offering, FMI shares key insights on drivers, restraints and trends likely to impact the colloidal metal particles market during this period.

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Rising Use of Colloidal Metal Particles as Catalysts to Propel the Growth of Global Colloidal Metal Particles Market

Future Market Insights suggests that the global colloidal metal particles market is estimated to register robust growth throughout the forecast period, prominently due to its rising applications as a catalyst. The chemical industry has been making a shift towards nano scaled catalysts, a move that will prove to be beneficial for the colloidal metal particles market.

The enhanced surface area per particle escalates the efficiency of the catalyst, an important factor responsible for increasing the demand for colloidal metal particles within the chemical industry. Colloidal metal particles are also being increasingly used in dietary supplements, either directly or in combination with other ingredients. For instance, copper colloid metal particles are increasingly being used to enhance the human body’s ability to absorb iron particles. Similarly, silver colloidal metal particles are proven to be effective in treating skin conditions, such as acne and chickenpox.

They are also effective against various infections. Growing market for dietary supplements, as a whole, is anticipated to have an optimistic impact on the colloidal metal particles market.

However, the issue of toxicity has put forth several legislative barriers in the development of the colloidal metal particles market. Some studies have also shown that uncontrolled use of such particles contaminates the environment and hence, country level regulations have been passed to monitor the consumption of the aforementioned colloidal metal particles, among others.

Global Colloidal Metal Particles Market Segmentation Analysis

The Colloidal Metal Particles market has been categorised on application basis into catalysis & photocatalysis, adsorbent, drug delivery and dietary supplements.

  • On application basis, the catalysis & photocatalysis segment is forecast to retain leading position in the colloidal metal particles market in terms of both consumption as well as revenue generation
  • The dietary supplement segment is projected to grow at a robust CAGR during the forecast period. Its market value is expected to grow and become over 2.2X between 2018 and 2028

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Global Colloidal Metal Particles Market Regional Forecast

Regionally, China alone accounts for a prominent proportion of the global colloidal metal particles market, positioning itself with the likes of multi-country regions, such as North America and Western Europe. Accounting for well over 22% of the revenue proportion in the total colloidal metal particles market, China is anticipated to register significant CAGR during the forecast period.

The overall Colloidal Metal Particles market is expected to grow at a CAGR of 8.3% while regions, such as Western Europe, Eastern Europe, and countries, such as India and Japan, are expected to grow at a moderately higher pace owing to rising demand in these regions.

Global Colloidal Metal Particles Market Competition Landscape

The report highlights some of the top companies operating in the global Colloidal Metal Particles market, including Nouryon BV, Purest Colloids, Inc., Tanaka Holdings Co., Ltd., Evonik Industries AG, IMRA America, Inc, W. R. Grace & Co., SunForce Health & Organics Inc. and BBI Solutions, among others.

Key Segment

Product Type

  • Aluminium Oxide
  • Silver
  • Gold
  • Zinc
  • Copper
  • Platinum
  • Iridium
  • Silicon
  • Iron Oxide
  • Titanium Oxide
  • Palladium
  • Others (manganese, cerium, indium, tin)

Application

  • Catalysis & Photocatalysis
  • Adsorbent
  • Drug Delivery
  • Dietary Supplements

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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

Non PVC Plasticizers Market is estimated to witness sales growing at a CAGR of over 3.5% through 2026

Worldwide demand for non-PVC plasticizers is witnessing a sheer proliferation in line with rising end-user inclination for cost-effective & reliable additives. The non-PVC plasticizers market is estimated to witness sales growing at a CAGR of over 3.5% through 2026, as per the latest research study by Future Market Insights (FMI).

According to the FMI report, non-PVC plasticizers sales remain highly influenced by a cohort of factors, ranging from burgeoning investments in healthcare arena to rising demand for advanced solutions across multiple end-use verticals. Among all product types in the non-PVC plasticizers market, end-users will shift their preferences for benzoate plasticizers during the forecast period. This buoyancy can be attributed to ability of benzoate plasticizers to offer expanded performance utility over any other product types.

As per the FMI research study, demand for non-PVC plasticizers will witness exponential growth in manufacturing of medical products by 2026. Plasticizers will continue to be highly sought-after in order to attain the appropriate level of flexibility and softness. Some of the products in the medical products space, including bags, gloves, and tubing, are likely to register substantial demand for Non-PVC Plasticizers in the forthcoming years. While the demand of non-PVC plasticizers for medical products is estimated to witness 1.4X growth, tubing is likely to create notable incremental $ opportunity by 2026 end.

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Similar to cases of all medical devices, medical equipment with plasticizers is subjected to uncompromising pre- as well as post-market evaluation processes for ensuring safety & performance, unveils the FMI report. In response to the aforementioned, manufacturers in the non-PVC plasticizers market are making their products undergo rigorous examination, with an objective of boosting end-user confidence and repeating sales.

As per the FMI analysis, China is likely to flourish and capture a significant position, both in value and volume projections, in the global non-PVC plasticizers market for application market in 2019 and the status quo is unlikely to change during the assessment period. Rapid growth in the pharmaceutical, healthcare, and personal care spaces are among the prime factors favouring growth of non-PVC plasticizers market.

However, ambiguities over use of plasticizers will continue to dent end-user confidence, thereby challenging growth of non-PVC plasticizers market. Phthalates, holding nearly 57% share in the overall non-PVC plasticizers market, remain one of the widely-used ones across multiple applications. Though Phthalates offer multiple advantages, they do carry the risk of various adversities with respect to health and environment. In line with this, stringent and uncompromising regulations would restrict the use of non-PVC plasticizers, deterring growth of non-PVC plasticizers by a certain extent.

According to the FMI analysis, leading manufacturers operating in global non-PVC plasticizers market are focusing on commercialization of products that comply with international certifications and regulations- a key to consolidation in the global market space. In addition, the key manufacturers are also vying to expand customer bases across key countries of Asia Pacific, a region with promising in terms of sales of non-PVC plasticizers. The participants of the non-PVC plasticizers market also remain involved in differential business models and strategies, such as strategic mergers and acquisitions, with an objective of amplifying their reach and cementing their position across multiple regions.

The report features some of the leading manufacturing companies operating in non-PVC plasticizers market, such as Exxon Mobil Corporation, LG Chem Ltd., BASF SE, Evonik Industries AG, Nan Ya Plastics Corporation, Eastman Chemical Company, Arkema Group, UPC Group, Hanwha Chemical Co., Ltd., Ferro Corporation, and others.

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Key Segments

By Product type

  • Phthalates
  • Trimellitates
  • Tetrapthaletes
  • Aliphatic
  • Cyclohexanoates
  • Benzoates

By Application

  • Paints & Coating
  • Rubber Products
  • Adhesive & Sealant
  • Personal Care Product
  • Medical Products
  • Household Products

By Region

  •  North America
  • Latin America
  • China
  • Japan
  • Europe
  • MEA
  • SEA and Other APAC

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-8994  

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

Propyl Acetate Market is anticipated to witness a considerable CAGR of 6.9% during the period of 2022 and 2029

Growing preference for propyl acetate over ethyl acetate in several end-use industries, especially in the printing ink industry, is expected to boost its demand in the coming years. A clear, colorless liquid that has distinguishable acetate odor of pears, and is highly flammable, propyl acetate finds application across diverse industries due to its superior solvent and fragrance properties.

According to a recent research report published by Future Market Insights, the propyl acetate market is expected to experience a CAGR of 6.9% during the forecast period of 2022-2029.

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Several end-use industries prefer propyl acetate over ethyl acetate due to its cost effectiveness and excellent solvent properties. This is prompting manufacturers to lay more emphasis towards the production of propyl acetate as compared to ethyl acetate.

Key Takeaways of Propyl Acetate Market Study

  • High purity (i.e. +99%) propyl acetate is the dominant segment, as manufacturers from several end-use industries of propyl acetate prefer high purity to ensure improved performance of end products.
  • Propyl acetate is gaining traction over conventional ethyl acetate in flexography printing, Propyl acetate, on an average, is 30% more economical in terms of solvent consumption, while reducing ink usage by an average of 20%. Retardants such as ethoxy propanol are not required for propyl formulation. This offers considerable advantages when printing food product packaging, significantly reduces scrap percentage, and improves process stability.
  • Substantial demand is anticipated for propyl acetate from the pharmaceutical industry, as it is a well-known fragrance agent for several personal care products. Propyl acetate is widely used in the fragrance, cosmetic, and personal care industry. In fragrances and personal care products, manufacturers often use n-propyl acetate as a flavoring agent. Flavor library of the Flavor Extract Manufacturers Association (FEMA) states that, it has notes of celery, floral, pear, and red fruit.

Propyl Acetate Market: Competitive Landscape

The global propyl acetate market is moderately fragmented, due to the availability of raw materials required for the manufacturing of propyl acetate, especially at the regional level, and presence of local manufacturers in domestic as well as international markets. Key manufacturers such as Dow Chemical Company, BASF SE, OXEA GmbH, Eastman Chemical Company, and SHOWA DENKO K.K. account for around 28% of the overall market share. North America and East Asia are anticipated to account for a significant share of the global propyl acetate market, owing to significant growth in printing ink industry and increasing preference for propyl acetate over ethyl acetate.

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Propyl Acetate Market Taxonomy

The global propyl acetate market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Purity

  • Purity ≥ 99%
  • Purity < 99%

Application

  • Coatings & Printing Inks
  • Chemical Intermediates
  • Food Flavourings
  • Personal Care Products
  • Others

End Use

  • Chemicals
  • Pharmaceuticals
  • Food & Beverages
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania

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Looking for More Information?

The research report analyzes the total sales of propyl acetates on the basis of volume (tons) and value (US$ Mn). The report contains a competition analysis section that includes market structure analysis, tier structure analysis, competition development, and other crucial information about global and regional players in the propyl acetate market. Opportunities in the market are projected on the basis of factors such as printing ink industry growth, food industry outlook, pharmaceutical industry overview, and expansion in production capacity by manufacturers around the world.

For additional information, write to the analyst at press@futuremarketinsights.com