Market Research Blog

During the projected period, the fire retardant coatings market is expected to grow at a CAGR of 6%, reaching a market share of US$ 9.17 billion in 2032, up from US$ 4.83 billion in 2021.

There is a substantial demand for fire retardant coatings due to the clear expanding infrastructure of the industrial and commercial sectors, as well as associated electric supplies and operations, such as fireplaces, where the risk of accidents is higher.

Fire retardant coatings work on the basis of the ability to suppress the production of gases produced at the time of combustion process. Additionally, fire retardant coatings required relatively low maintenance cost – this is one of the superior property of fire retardant coatings for gaining acceptance in several end use industries.

Fire retardant coatings have been formulated in numerous types depending upon base composition and substrate type. According to composition, fire retardant coatings are generally boron-based and phosphorus-based fire retardant coatings.

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Further, by product type, fire retardant coatings have two types including non-intumescent and intumescent fire retardant coatings. The fire retardant coatings find a wide range of applications in industrial, residential, and commercial sectors.

Global Fire Retardant Coatings Market: Industry Participants

The global fire retardant coatings market has a number of small as well as international manufacturers at a regional level. Few key players are identified across the value chain of global fire retardant coatings market which has been listed below –

• NIPPON PAINT Co. Ltd.S
• Noble Paints
• HEMPEL
• Akzo Nobel
• PPG Industries
• Carboline
• Kansai Paints
• Jotun
• Promat International
• Nullifire
• GCC Applied Technologies
• Isolatek International

The global Fire retardant coatings research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global Fire retardant coatings market also contains projections using a suitable set of assumptions and methodologies. The research report on global Fire retardant coatings market provides analysis and information according to market segments such as geographies, application, and industry.

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Global Fire Retardant Coatings Market: Regional Outlook

Geographically, the global fire retardant coatings market can be segmented into seven key regions. Rapid industrialization and modernization will continue to drive market growth in developed economies. The regions like the Asia Pacific, Latin America, and MEA anticipated propelling the demand for fire retardant coatings in near future, due to increasing industrial infrastructure and concern towards the protecting property and safeguards across the regions.

Key Segments Profiled in the Fire Retardant Coatings Market Survey

By Product Type:

• Non-intumescent Fire Retardant Coatings
• Intumescent Fire Coatings

By Material:

• Boron-based Fire Retardant Coatings
• Phosphorus-based Fire Retardant Coatings

By End Use Industry:

• Automotive
• Oil & Gas
• Construction
• Electrical & Electronics
• Aerospace
• Marine
• Furniture
• Textile
• Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

to be continued…!

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About FMI

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

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According to Future Market Insights, market research and competitive intelligence provider, global rodenticide consumption has increased at a CAGR of roughly 6.3% over the last half-decade. The global Rodent Control Pesticides market is valued at US$ 5.6 Bn in 2021 and is expected to reach US$ 11.6 Bn by 2032, expanding at a CAGR of 6.8% between 2022 and 2032.

The increased incidence of transferrable illnesses such as Hantavirus infection, plague, and Lassa fever, which impacts humans, the environment, and wildlife, have been the key factors spurring the sales of Rodent Control Pesticides worldwide. There has been widespread consumption growth for rodent control products in residential, commercial, and industrial settings in the recent past.

Owing to the surge in demand, the market participants are working towards the launch of new products to efficiently reduce the rodent population. The growing number of workplaces, hotels, hospitals, and housing units, as well as a preference for high hygiene standards, are projected to drive demand in the forthcoming years.

Natural Rodent Control Pesticides are biodegradable and toxic to humans, pets, and wildlife, but they will not pose a threat to domestic animals or humans if consumed by accident. Furthermore, these substances are cost-effective, as they do not fit specific storage, handling, transportation, or disposal system.

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Rodent Control Pesticides give efficient and speedy results in the destruction of rodents, which is projected to drive their demand throughout the forecast period. However, rigorous government regulations governing the use of active substances are expected to limit market development in the future years. Rodent Control Pesticides are often offered in the form of pellets, blocks, powder, or spray.

Key Takeaways from Market Study

• Rodent Control Pesticides Market was valued at US$ 5.6 Bn in 2021. According to Future Market Insights, Rodent Control Pesticides Market revenue would increase 1.9X between 2022 and 2032, reaching roughly US$ 11.6 Bn in 2032.
• In terms of Type, the Anticoagulant Rodent Control Pesticides account for the largest share with a projected CAGR of 7.1%.
• In terms of End-Use of Rodent Control Pesticides, revenue through Agriculture is projected to register a CAGR of 7.2% during 2017-21.
• US is the dominant region in the Rodent Control Pesticides Market with an absolute dollar growth opportunity of over US$ 2 Bn, during 2022 – 2032.

Winning Strategy

Rising worries about economic loss caused by rat damage in agricultural areas are expected to fuel market expansion in the future years. Environmental worries over the use of chemicals and their harmful effects on people and other living organisms, on the other hand, are likely to limit demand. As a result, product application is heavily restricted by strict legislation.

In North America and Europe, strict laws governing the use of chemical Rodent Control Pesticides have been enacted. For example, all pesticide products in the United States must be registered with the Environmental Protection Agency (EPA) before they may be marketed to the general public. The EPA regulates these products under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA).

Competitive Environment

The worldwide Rodent Control Pesticides market is fragmented, with a few multinational players and several new firms contending for a fair portion of the market. BASF SE, Bayer AG, Syngenta, Liphatech Inc., PelGar International, JT Eaton, Neogen Corporation, and Rentokil Initial plc are among the most active participants. These firms are looking for new markets to expand into, either by releasing a new product line after studying, developing, and field-testing it or by purchasing a manufacturing unit.

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Some of the recent developments of key Rodent Control Pesticides providers are as follows:

• In September 2020, PelGar announced the launch of Cimetrol super RFU, which is a ready-to-use water-based spray for controlling several flying and crawling insects.
• In July 2020, PelGar announced that it has moved its R&D for testing to its head office in Alton, UK

Market Segments Covered in Rodent Control Pesticides Market Analysis

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Textile Colors are dyes that are used to produce various textiles such as fabrics, yarns, and fibers. This specific dye may be found as a liquid solution, dry powder, or solid chunk. According to Future Market Insights, a market research and competitive intelligence provider, Global consumption of Textile Colors experienced significant growth over a five- to six-percentage-point increase in the last five years. The global Textile Colors market was valued at US$ 5.8 Bn in 2021 and is expected to reach a valuation of US$ 11.1 Bn by 2032, expanding at a CAGR of 6.2% between 2022 and 2032.

The dye may be produced as semi-continuous, continuous, or batch processes. Textile Colors are commonly employed in a variety of industries, including the creation of material to arrange garments and loose fibers through yarn.

One of the principal factors driving the growth of the Textile Colors market is increasing innovation in the Textile Colors sector. Furthermore, demand for vibrant fabrics and fibers, significant R&D expenditures in plant-based dyes, increased demand for Textile Colors in the Asia-Pacific region, and lower costs in production are likely to drive this sector forward.

However, over-capacity in the marketplace for Textile Colors and fluctuations in the prices of raw materials restrict the market of Textile Colors, while, stringent environmental regulations and leftover by-products of the production process are non-biodegradable that significantly hinders market expansion.

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Key Takeaways from Market Study

• Textile Colors Market was valued at US$ 5.8 Bn in 2021. According to Future Market Insights, Textile Colors market revenue would increase 1.8X between 2022 and 2032, reaching roughly US$ 11.1 Bn in 2032.
• In terms of Dye Type, the Direct Dye is projected to account for the highest projected CAGR of over 6.5%.
• In terms of Fiber Types of Textile Colors, revenue through the Polyester category is expected to be the highest. Revenue growth through this category is projected to witness a CAGR of 4.5% during the historical period.
• US remains the dominant region in the Textile Colors Market with an absolute dollar growth opportunity of over US$ 1.8 Bn.

Winning Strategy

Water is used extensively in the dyeing and bleaching of textiles. As the water level drops with each passing day, it is becoming increasingly important to develop dying processes and methods that use less water. The need for organically derived eco-friendly dyes is expected to increase in the near future. This is due to the fact that consumer awareness has risen. Producers are also making it a point to supply less harmful products as part of their corporate social responsibility.

Competitive Environment

Leading textile dye manufacturers use a variety of expansion tactics, ranging from new product releases to full or partial mergers and acquisitions, partnerships, and capacity expansion.

Dow, BASF SE, Huntsman International LLC., Evonik Industries AG, Ineos Group AG, LANXESS, SABIC, Exxon Mobil Corporation, Kronos Incorporated., Kiri Industries Ltd, Archroma, ALLIED INDUSTRIAL CORP., LTD, Organic Dyes and Pigments, Sumitomo Chemical Co., Ltd., Dayglo Color Corporation, Anand International, SAMCO, and VASU CHEMICALS LLP are some of the key players operational in the Textile Colors market.

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Some of the recent developments of key Textile Colors providers are as follows:

• In June 2021, Archroma’s Polyester Library introduced the Color Atlas in with 1,440 hues for sportswear, athleisure, swimwear, children’s clothes, shoes, fashion, and home textiles. The atlas enables experts to rapidly create the palettes they want.
• In July 2020, Sun Chemical purchased the ink business of Sensient Technologies Corporation, thus expanding the former’s product portfolio for textile and dye sublimation printing.

Market Segments Covered in Textile Colors Market Analysis

By Dye Type:

• Disperse
• Reactive
• Direct
• Acid
• Vat
• Basic

By Fiber Type:

• Cotton
• Viscose
• Wool
• Nylon
• Polyester
• Acrylic

Future Market Insight’s Domain Knowledge in Chemicals and Materials Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the chemicals and materials industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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The ethylene copolymers market is anticipated to have a steady CAGR of 4.2% during the period 2022-2032. The ethylene copolymers market size is predicted to grow from US$ 57.4 Bn in 2022 to US$ 86.6 Billion in 2032.

The global vehicle industry’s increasing need for ethylene copolymers is regarded as a key driver driving the global ethylene copolymers market. Ethylene copolymers are used to make weatherstripping and seals for automobiles. These copolymers are added to motor oils as a supplement. Engine mounts, brake parts, and windshield wipers are among the products made with them.

Another major factor driving demand for ethylene copolymers is an increase in the need for industrial rubber for use in tire manufacturing. The worldwide vehicle rubber-molded components market is expected to be revolutionised in the near future as a result of research and development operations in the automobile and automobile component sectors.

During the forecast period, demand for ethylene copolymers s is expected to be driven by innovations (such as eco-friendly rubber components made from soy oil) and research labs working to develop better and more durable rubber materials (such as EPDM). The global e ethylene copolymers market is expected to benefit from an increase in demand for lightweight automotive components in order to produce more fuel-efficient automobiles.

Because of its qualities, such as heat resistance, chemical reactivity, formulation flexibility, and cohesion and adhesion, demand for ethylene copolymers is gradually increasing. The packaging and automobile industries are also expected to boost the demand for ethylene copolymers. The demand for ethylene copolymers is projected to be fuelled by food packaging.

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As per the ethylene copolymers market analysis, the industry is expected to increase further as customers become more mindful of waste packaging and recycling. Increased R&D initiatives for technological and equipment development, as well as creative product offerings by companies, are all contributing to the growth of the ethylene copolymer market.

The adoption of ethylene copolymers may be hampered by fluctuating raw material prices and regulatory regulations on various compounds. Nonetheless, there are chances for ethylene copolymers market players to engage in this market, given the consistent growth of the chemical processing industry and the automotive and packaging industries.

Key Takeaways:

• Over the next eight years, the rise of the automobile industry in some regions, such as India and China, is predicted to drive demand for ethylene copolymers.
• Due to the growing presence of significant companies in the food and beverage and consumer products industries in the United States and Canada, North America dominates the ethylene copolymers market.
• Ethylene Vinyl Acetate (EVA) segment type leads the ethylene copolymers market with the projected CAGR of 3.9% by 2032.
• Hot Melt Adhesives segment leads the market by application with the projected CAGR of 4.0% by 2032.

Competitive Landscape:

Product launches, product approvals, and other growth initiatives such as patents and events are all being focused on by various companies. Acquisitions, as well as partnerships and collaborations, were among the ethylene copolymers market’s growth tactics. These initiatives have paved the road for market players to expand their business and client base.

The major players covered in the ethylene copolymers market report are BASF SE, Celanese Corporation, Dow, Exxon Mobil Corporation, N SHASHIKANT & CO., Benson Polymers Limited, Dycon Chemicals, Triveni chemicals, AVH Polychem Private Limited., Sushila Parmar International Pvt. Ltd, Amatya Impex Private Limited., Jai Chemicals., Trinity Pigment Industries, Khushi Enterprises LANXESS, LyondellBasell Industries Holdings B.V, Sipchem and USI Corporation, among other domestic and global players.

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The businesses are pursuing a variety of growth strategies and spending heavily in the development of technologically advanced, one-of-a-kind, and biodegradable products to change the ethylene copolymers market outlook.

Avantium N.V. was awarded a Horizon 2020 grant for 25 million euros ($28 million) to develop an innovative value chain for plant-based furan dicarboxylic acid and polyethene furonoate, which are used to make biodegradable products. The new expansion is being fueled by an increase in demand for renewable and biodegradable materials. Green polyethylene and bio-based EVA resin, for example, are guiding the chemical sector toward more sustainable innovation.

Key Segments

By Application

• Hot Melt Adhesives
• Asphalt Modification
• Thermo Adhesive Films
• Others

By Type:

• Ethylene Vinyl Acetate (EVA)
• Ethylene Ethyl Acrylate (EEA)
• Ethylene Butyl Acrylate (EBA)
• Ethylene Propylene
• Others

By End Use:

• Packaging
• Building & Construction
• Automotive
• Textiles
• Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

to be continued…!

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About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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According to a recent study done by FMI, the corrosion inhibitors market is anticipated to have a prodigious CAGR of 4.1% during the period of 2022-2032. The Corrosion Inhibitors Market is anticipated to reach US$ 12.4 Bn in 2032, from US$ 8.3 Bn in 2022. The market was valued at US$ 7.9 Bn in 2021, and is expected to grow with a Y-O-Y growth rate of 5.0%.

This study explains that an increase in the demand for corrosion inhibitors in various industries such as pulp & paper, chemical processing, oil & gas, petroleum, and metals to protect from corrosion has led to higher demand from emerging countries. Infrastructural development in economies such as China, India, Brazil, and South Korea, are expected to undergo infrastructural development and boost industrial activities for the growth of their economies.

Infrastructural growth related to electricity demand, clean water demand, fuel demand, transportation demand, and construction demand are expected to boost the market for corrosion inhibitors in the forthcoming years. An increase in the demand for corrosion inhibitors in various industries such as pulp & paper, chemical processing, oil & gas, petroleum, and metals to protect from corrosion has led to higher demand from emerging countries, in particular. Cooling water is the largest segment for corrosion inhibitors in the water treatment process to protect the metal machinery from the water flow.

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Key Takeaways from the Market Study

• Global corrosion inhibitors market to be valued at US$ 8.3 Billion by 2022-end
• U.S to account for the highest value share of US$ 4.4 Billion of global market demand for Corrosion Inhibitors Market in 2032
• From 2015 to 2021, corrosion inhibitors demand expanded at a CAGR of 6%
• By compound, organic corrosion inhibitors segment constitutes the bulk of Corrosion Inhibitors Market with a CAGR of 0%.
• By type, eater-based corrosion inhibitors to exhibit a CAGR of 2%.

“Infrastructural growth related to electricity demand, clean water demand, fuel demand, transportation demand, and construction demand are expected to influence the Corrosion Inhibitors Market during the forecast period,” remarks an FMI analyst.

Competitive Landscape

Players in the global Corrosion Inhibitors Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

• In February 2021, LANXESS signed a binding agreement to acquire 100 percent shares in Emerald Kalama Chemical on February 14, 2021. The US-based company is a globally leading manufacturer of specialty chemicals, especially for the consumer segment, and is majority-owned by affiliates of the US private equity firm, American Securities LLC.
• In August 2019, Nouryon planned to double capacity at its surfactants plant in Stenungsund, Sweden, to support the growth of several existing products as well as new sustainable technologies for markets, including oil and gas, lubricants, and fuels, and asphalt. The USD 14-million expansion and upgrade project include the installation of a new reactor and is expected to be completed by the first quarter of 2021. It will increase the production and innovation in corrosion inhibitors.
• In October 2018, SUEZ announced the signature of 19 contracts in Ecuador, Colombia, Brazil, Mexico, and Costa Rica. These contracts are part of the Group’s development drive in Latin America and the Caribbean, which account for 7% of its global turnover and represent over 7000 employees in 10 countries. With these new contracts, SUEZ strengthened its presence in water services management in large cities and developed in new markets of waste management and industrial services.

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Know More about What the Corrosion Inhibitors Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Corrosion Inhibitors Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

To understand opportunities in the Corrosion Inhibitors Market, the market is segmented on the basis of compound, application, type, and end-use industry across five major regions.

Key Segments Covered In The Corrosion Inhibitors Market Study

Corrosion Inhibitors Market by Compound:

• Organic Corrosion Inhibitors
• Inorganic Corrosion Inhibitors

Corrosion Inhibitors Market by Application:

• Corrosion Inhibitors for Water Treatment
• Corrosion Inhibitors for Process and Product Additives
• Corrosion Inhibitors for Oil and Gas Production

Corrosion Inhibitors Market by Type:

• Water-based Corrosion Inhibitors
• Oil-based Corrosion Inhibitors
• Volatile Corrosion Inhibitors

Corrosion Inhibitors Market by End-Use Industry:

• Corrosion Inhibitors for Oil and Gas
• Corrosion Inhibitors for Power Generation
• Corrosion Inhibitors for Chemicals
• Corrosion Inhibitors for Metals Processing
• Corrosion Inhibitors for Pulp & Paper

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About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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The glycol ethers market is expected to escalate at a CAGR of 5.0% from USD 7.3 Billion in 2022 to USD 11.9 Billion through 2032. The global market is estimated to reach US$ 25 billion by 2025, according to Future Market Insights, due to rising demand for corrugated cardboard and flexible packaging applications. This is likely to change the glycol ethers market outlook.

High demand for water-soluble active ingredients is projected to drive glycol ethers market expansion in end-use sectors such as printing and personal care. The increasing adoption of glycol ethers as a coalescing agent in water-based coatings has been a major driver of growth in the printing and personal care industries.

The global glycol ethers market is predicted to increase due to rising demand for glycol ethers in the personal care, cleansers, paints & coatings, pharmaceutical, and printing industries over the forecast period. It is widely utilized in the formulation of skin and hair products, shampoos, personal hygiene products, and bath products in personal care and cosmetics.

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Rapid urbanization, repairs of aging structures, and many smart city initiatives are the primary drivers of the construction industry’s growth. The construction industry’s rapid expansion is predicted to boost the growth of the paints and coatings industry, which will force the worldwide demand for glycol ethers forward.

On the other hand, REACH and EPA rules concerning the use of glycol ethers, as well as the advent of new products, such as cellulosic ethanol, as a solvent for cleaning agents, are limiting the adoption of glycol ethers.

Key Takeaways:

• Due to strong growth in the pharmaceutical and personal care industries, the Asia Pacific region held the highest share of the glycol ethers market in 2020, accounting for more than 35%.
• The P-series sector dominated the global glycol ethers market, owing to a rapid increase in demand for personal care products and increased public awareness of the benefits of personal care products.
• The US glycol ethers market size is predicted to reach a valuation of US$ 4.2 Billion by 2032.
• Paints and coatings segment is expected to grow at a rate of 4.9% throughout the forecast period.
• In Asia, China glycol ethers market is anticipated to rise at a CAGR of 4.4% from 2022 to 2032.

Competitive Landscape:

Companies are merging and forming joint ventures to expand their presence and product line, as well as expanding their research potential to acquire a competitive advantage in the glycol ethers industry. Furthermore, in order to promote overall growth of sales of glycol ethers, producers are focusing on economically sustainable and high-quality products.

The glycol ethers industry is fragmented, with many competitors owning insignificant market share and hence having little influence on market dynamics. BASF SE, Eastman Chemicals Company, Royal Dutch Shell, and Dow are just a few of the notable participants in the market.

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Recent Development:

BASF plans to boost production of integrated ethylene oxide and ethylene oxide derivatives at its Verbund facility in Antwerp in September 2019. The investment surpasses €500 million, according to the firm, and adds 400,000 metric tonnes per year to the company’s production. Non-ionic surfactants and glycol ethers for automotive applications are examples of ethylene oxide derivatives.

Key Segments

By Type:

• E-series
• P-series
• Propylene Glycol Methyl Ether
• Propylene Glycol Propyl Ether
• Propylene Glycol Methyl Ether Acetate
• Propylene Glycol Phenyl Ether
• Others

By Application:

• Solvent
• Anti-icing
• Hydraulic & Brake Fluid
• Chemical Intermediates

By End Use Industry:

• Paints and Coatings
• Printing
• Pharmaceuticals
• Cosmetics & Personal Care
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

to be continued…!

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The global chlorinated polyethylene market is predicted to witness a moderate growth rate of 7.2% during the forecast years of 2022 to 2032. The net worth of the global chlorinated polyethylene market share is expected to reach US$ 1.3 Billion by the year 2032, increasing from US$ 620.2 Million in the year 2021.

Chlorinated polyethylene or CPE is a material made by exchanging hydrogen atoms for chlorine atoms in high-density polyethylene or HDPE polymers generally available in white powder. Chlorinated polyethylene elastomer has improved durability and whiteness. It is suitable for a wide range of applications in plastics and rubbers, making it an excellent choice for different types of end products.

The replacement of wood and steel with plastics in the construction of doors and windows is driving the demand for chlorinated polyethylene. The sales of chlorinated polyethylene have boomed as a result of the introduction of PVC plastic profiles for doors and windows in rapidly expanding urban areas.

Depending on the application, the chlorinated polyethylene polymer’s chlorine concentration ranges from 35 to 75 percent. As a result, the demand for polymers to mix with PVC for robust, flexible, and stiff applications continuously increases in the global market.

Chlorinated polyethylene CPE 135A has various positive properties, including high tensile strength, filler acceptance, low-temperature performance, flame resistance, and others, making it suitable for manufacturing industrial adhesives and impact modifiers, and magnetics.

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Key Takeaways

• The global chlorinated polyethylene growth estimated in absolute Dollars is figured out to be around US$ 669 Million during the projected analysis period of 2022 to 2032.
• On the basis of product type, CPE 135A is the top selling segment by the chlorinated polyethylene market players that is predicted to be improving at a rate of 7% over the forecast years.
• Among the various applications of chlorinated polyethylene, impact modifier is the highest grossing segment with an overall CAGR of 6.4% predicted for the forecasted time frame.
• United States is the dominating country in terms of contribution to the chlorinated polyethylene market size which is calculated to be around US$ 243.5 Million in the year 2022.
• Asia Pacific region is the most promising regional market for chlorinated polyethylene that is expanding rapidly with China leading with total contribution of US$ 50.3 Million in current year of 2022.

Competitive Landscape

Name of some of the chloromethane market key players includes Weifang Yaxing Chemicals Co. Ltd, Novista Group Co. Ltd, Showa Denko K. K., Aurora Plastics, LLC, Shandong Xuye New Materials, Shandong Xiangsheng Plastic Industry Co. Ltd, Hangzhou Keli Chemical Co. Ltd, Civo Industry Company Ltd., and DuPont among others.

Recent Developments in Chlorinated Polyethylene Market

• In October 2017, Aurora Plastics, LLC, which is a pioneer of polyvinyl chloride (PVC) compounds, purchased the compounder division of Lunenburg S&E Specialty Polymers based in Massachusetts of USA. After this purchase, Aurora Plastics, LLC is projected to gain access of rigid PVC powders and flexible PVC pellets, as well as chlorinated polyethylene (CPE) and other unique compounding capabilities and technologies, through the company’s consolidated entity.
• In June 2018, PolyOne announced the release of its FireCon-branded chlorinated polyethylene material. It is anticipated to improve the company’s profile by getting used in the jacketing of cable and wire applications for increased weather resistance.

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Key Segments

By Product:

• CPE 135A
• CPE 135B
• Others

By Application:

• Impact Modifier
• Wire & Cable Jacketing
• Hose & Tubing
• Adhesives
• Magnetics
• IR ABS
• Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

to be continued…!

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About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs