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The global fire retardant fabrics market is expected to reach US$ 6.27 billion by 2032. The discovery of new application areas is expected to boost demand for flame retardants. According to FMI, the global market share of fire retardants was US$ 3.5 billion in 2022 and is expected to grow at a CAGR of 6 % over the forecast period of 2022 to 2032.

Industrially, the Fire Retardant Fabrics are produced through the surface treatment of the fabric during the finishing process which in turn impart the flame-retardant property within it. Prevalently, fire retardant fabrics are used in the manufacturing of the protective wears.

Also, fire retardant fabrics find their application in the production of curtains, drapes, health care fabrics, tents, tarps, and military applications, among others. Generally, the Fire Retardant Fabrics are produced by incorporation of the fire resistance additives with man-made fibers or through synthesis of fire resistance copolymer with the fabric polymers.

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Fire Retardant Fabrics Market: Market dynamics

New developments and advancements in the manufacturing industry are propelling the use of Fire Retardant Fabrics across various applications such as protective wear, Coverings materials, etc. The protective wear segment alone dominates the fire retardant fabrics market and the segment is expected to retain its dominance throughout the forecast period.

However, it has been observed that these fabrics are utilized for high-end upholstery applications, and the demand for these products is significant in the U.S. and EU-5 countries. In recent times, there have been considerable construction activities in European countries and GCC Countries, such as Saudi Arabia, Germany, the U.K. and Poland and Ukraine, which is estimated to drive the demand for Fire Retardant Fabric over the forecast period.

Housing projects in these countries along with investments in nonresidential infrastructures, such as commercial and retail, offices, hotels & restaurants, hospitals, malls, and educational infrastructure, have been contributing to the expansion of cities and urban suburbs.

This new construction market has been increasingly driving the upholstery market in the region and is expected to continue to contribute to demand growth of Fire Retardant Fabrics market over the next few years. Albeit the development prospects of fire retardant fabrics are decent, however, the cost is still the main concern, especially the prices of raw materials and energy are still high

Fire Retardant Fabrics Market: Regional outlook

Along with this, significant growth of the manufacturing sector in developing and developed countries have resulted in rising demand for Fire Retardant Fabrics in several application such as filtration, upholstery, and covering, among others. In terms of demand, the U.S. and EU-5 countries are a prominent markets for fire retardant fabrics.

This is mainly attributed to increasing disposable income, stringent safety norms, the steady growth of the manufacturing sector, growth of the furniture industry and rising housing sectors, among others. Additionally, the quality of the fabric & ergonomics plays a decisive role in the selection.

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Thus, North America, followed by Europe Fire Retardant Fabrics market is expected to register steady CAGR over the forecast period. Moreover, recent amendments in the safety norms and regulation in China have led to drive demand for fire retardant fabrics market.

In the Asia Pacific region, China, ASEAN countries and India are expected to be a lucrative market for fire retardant fabrics. The construction and manufacturing sector in India are considered as one of the pillars of the Indian economy.

According to the report published by WTTC, the construction sector in India contributed around 13% to the economy in 2016 and is expected to grow at a decent pace in the coming years. Thus, this significant growth of the manufacturing sector, the demand for Fire Retardant Fabrics market is expected to register healthy growth over the forecast period.

Fire Retardant Fabrics Market: Key Players

Some of the key players identified across the value chains of global fire retardant fabric market are listed below;

• DowDuPont Inc.
• AMERICAN & EFIRD LLC
• Apex Mills Corporation
• AUBURN MANUFACTURING, INC
• BGF INDUSTRIES INC
• Emtexglobal USA
• Forceprotector Gear, LLC
• Gehring-Tricot Corporation
• Industrial Stitchtech, Inc.
• JB MARTIN COMPANY
• Lanz-Anliker AG
• NEWTEX INDUSTRIES INC.
• Precision Fabrics Group, Inc
• Rivertex Technical Fabrics Group

Key Segments Profiled in the Fire Retardant Fabrics Market Survey

By Base Material Type:

• Cotton
• Nylon
• Aramid
• Polyesters
• Others

By Application:

• Protective Wear
• Upholstery
• Tents and Coverings
• Curtains and Drapes
• Others

By Processing Method:

• Woven
• Non-woven
• Knitted
• Others

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The research report presents a comprehensive assessment of the Fire Retardant Fabrics market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

Fire Retardant Fabrics also contains projections using a suitable set of assumptions and methodologies. The Fire Retardant Fabrics report provides analysis and information according to market segments such as geographies, types, and end use.

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Fire Retardant Coatings Market: The fire retardant coatings market is likely to register a CAGR of 6% during the forecast period, and is anticipated to reach a market share of US$ 9.17 Bn in 2032, from US$ 4.83 Bn in 2021.

Flame Retardant Chemicals Market: The global flame retardant chemicals market size is anticipated to be worth US$ 8,560 Mn in 2022. During the projection period of 2022 to 2032, the market is predicted to grow at a CAGR of 7.1%, with a valuation of US$ 16,990 Mn by 2032.

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The Removable Wallpaper Market is expected to strengthen its position with a strong CAGR of 3.5% during the forecast period. The global market has an estimated revenue of US$1.78 billion in 2022 and is expected to surpass US$2.43 billion by the end of 2032. During the forecast period, the removable wallpaper market is expected to grow at a robust CAGR of 3.5%.

The global market is expected to generate $1.78 billion in revenue in 2022 and will likely exceed $2.43 billion by the end of 2032. Removable wallpaper, often known as peel and stick wallpaper, does not require soaking or wall glueing. Removable wallpaper is self-adhesive and must be peeled off the backing material before being pasted to the walls.

The growing popularity of removable wallpaper is ascribed to its ease of removal; no steam is required. Because removable wallpaper is reusable, its sales are increasing. Removable Wallpapers are also referred to as peel and stick wallpapers or temporary wallpapers. The application of removable wallpapers requires no soaking or wall pasting.

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Removable Wallpapers are self-adhesive and need to be peeled off from the base material and pasted onto the walls. Moreover removable wallpapers can be removed straightaway and do not require steam treatment or scraping of the walls on which they are pasted.

In addition, removable wallpapers are also reusable and can be rolled and preserved to be used again at a later stage. It is to be noted though that the reusability of the used removable wallpaper is primarily based on the type of the material used as the base and the quality of the paper coated adhesive.

Removable wallpapers are preferred by renters as they can match their taste and have the walls colored without damaging the original paint with which the walls of an apartment or house were colored by the owner. Removable wallpapers are commonly used in residential apartments, work spaces, co-working spaces, restaurants and hospitality facilities to improve the aesthetic appeal without altering the original condition of such spaces.

Removable Wallpaper Market: Market Dynamics

The increasing construction activity and the requirement of aesthetically pleasing interiors of corporate and residential buildings requires modifications to be made with respect to the interior decoration. Removable wallpapers are being increasingly used by consumers to modify such spaces at regular intervals.

Removable wallpapers are cheaper in comparison to painting the walls. In addition, removable wallpapers are also available in various colors and designs to suit individual preferences. Another factor which is increasing the usage of removable wallpapers is their ease of application or pasting onto the walls.

The application of removable wallpapers do not require any experienced personnel and can be done by anyone. All the aforementioned factors possessed by removable wallpapers cut down interior decoration costs.

The major restraints which are affecting the removable wallpaper market are that these wallpapers are not durable and are susceptible to atmospheric conditions of the place where removable wallpapers are pasted. Removable wallpapers are not suitable for places laden with moisture and humidity such as bathrooms and kitchens.

In addition, these wallpapers are facing a hurdle in the form of wash and wear type of paints which are being increasingly used by building contractors and house owners to reduce the frequency of re-painting.

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Removable Wallpaper: Key Market Participants

Some of the key participants in the global removable wallpaper market are:

• Blik, Inc.
• Casart Coverings
• Chasing Paper
• EasyWallz
• Graham & Brown
• Propitious Jackson
• Spoonflower Inc.
• Tempaper Designs
• The McCall Pattern Company, Inc. (Wallcandy Arts)
• The Sherwin Williams Company
• Wallpops
• Walls By Me
• Walls Need Love LLC
• Wallternatives
• Williams Sonoma, Inc. (West Elm)

The Removable Wallpaper market research report presents a comprehensive assessment of the Removable Wallpaper market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The Removable Wallpaper market research report provides analysis and information according to market segments such as geographies, type and end users.

Removable Wallpaper Market: Market Segmentation

The global removable wallpaper market can be segmented on the basis of type and end users.

On the basis of type, the global removable wallpaper market is segmented into:

• Polyethylene (PE) Removable Wallpaper
• Poly-Vinyl Chloride (PVC) Removable Wallpaper

On the basis of end users, the global removable wallpaper market is segmented into:

• Residential Buildings
• Commercial Buildings
• Hospitals
• Others

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Removable Wallpaper Market: Regional Outlook

On the regional front, Asia Pacific is the most dominant market for Removable Wallpaper. The demand for Removable Wallpaper is primarily from the Indian and Chinese markets where there is robust construction activity in both the residential as well as commercial sectors.

The demand for Removable Wallpaper is further induced by the fact that most of the population which has settled in this country is of a floating nature. North America is the second most dominant market for removable wallpaper products due to the increasing number of hotels in the region to cater to the hospitality needs emanating on account of the flourishing inbound as well as outbound tourism.

Middle East is also expected to showcase growth in the market for removable wallpapers due to increased commercial and construction activity in the region.

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The Northern Europe calcium sulphate market size is projected to expand at a 5.3% CAGR during the forecast period between 2022 and 2032 finds Future Market Insights (FMI). Calcium sulphate is naturally occurring and can be synthesized using chemical means or intermediates.

Calcium sulphate has a wide range of commercial and industrial applications due to its excellent physicochemical properties. Calcium sulphate can be used as a soil conditioner for agriculture, as a coating agent for the paper industry, to make paper very shiny, as a desiccant in chemical laboratories, as a coagulant for foods and beverages, and for coloring paints used as a pigment.

Gypsum, the dihydrate form of calcium sulphate, is the most commonly used form and important raw material in the construction industry. It is used to make Portland cement, highly specialized plasters (also known as gypsum plasters) for wall surfaces, wallboard, cement blocks, and mortars.

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Growing government infrastructure development initiatives in a number of countries are creating new opportunities for gypsum producers to profit from the construction industry. Agrochemical demand is increasing to maximize production from available land.

The agricultural industry relies heavily on calcium sulphate dihydrate, also known as gypsum. It is a calcium and sulphur source for plant nutrition. Calcium is required for plants to absorb the majority of their nutrients.

It also helps to improve the soil structure. It aids in the improvement of flocculation or aggregation. It also increases the water infiltration & prevents waterlogging in soil. Growing demand from the agriculture industry is expected to drive the demand in the forecast period.

“Over the assessment period, sales of calcium sulphate are expected to be driven by the growing construction industry across Northern Europe followed by agrochemicals and paints & coatings,” says an FMI analyst.

Key Takeaways:

• The additive segment is projected to hold approximately 58% of the total market share in 2022.
• The cement & plaster segment is anticipated to grow at 5.6% CAGR through 2032.
• The calcium sulphate market in the U.K. is expected to create an incremental dollar opportunity of US$ 453.9Mn in the forecast period.
• The technical grade segment is expected to reach about US$5,862.3Mn by end of the forecast period.

Competitive Landscape 

Key market participants of the Calcium Sulphate market elaborated in the report include Saint-Gobain, Solvay SA, Honeywell International Inc., Penta Manufacturing Company, Celtic Chemicals Limited, Miber Mineral Roset, Glentham Life Sciences Limited, Fluorsid, AKO KASEI CO., LTD, JRS Pharma, Macco Organiques, s.r.o., Spectrum Chemical MFG Corp., GFS Chemicals Inc., and others.

Key players are focused on high-growth end-use industries such as construction and infrastructure where calcium sulphate is widely used. These benefits manufacturers in terms of revenue and product portfolio. Leading manufacturers in the market are focusing on high-growth end-use industries to increase annual sales.

Great market opportunities are expected from the growth of certain end-use industries such as construction, paints, coatings, and the expansion of infrastructure projects.

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Key Segments:

By Product Type:

• Anhydrous
• Hydrated

By Grade:

• Technical
• Food
• Pharma

By Function:

• Coagulant
• Thickening Agent
• Excipient
• Desiccant
• Additive

By End Use:

• Cement & Plaster
• Agrochemicals
• Paints & Coatings
• Paper
• Mining
• Food & Beverages
• Cosmetics & Personal Care
• Pharmaceuticals

By Country:

• Germany
• United Kingdom
• Ireland
• France
• Netherlands
• Belgium
• Rest of NE

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The global Calcium Carbonate market is estimated to expand at a remarkable growth rate of 5.4% CAGR over the forecast period between 2022 and 2032, finding future market insights (FMI) in a recent market analysis.  Calcium Carbonate is widely used in various Paints and Coatings applications.

It is used as an agent to enhance gloss, as an additive, and rheology modifier in a wide range of applications. In addition, Calcium Carbonate is extensively used in the aqueous paint industry. It promotes good dispersion and improves luster. It is used in wall plastic powder and skims coat with a very high dosage as filling material and whiteness improvement.

Paints and Coatings has a significant application in the automotive, transportation, and construction sector, its product is used in infrastructure, and industrial applications and for the decoration of residential and non-residential buildings. The rising demand for paints and coating products for various end-use industries is one of the major drive to increase the Calcium Carbonate Market.

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In addition, the consumption of Calcium Carbonate in the Plastics industry is rising rapidly. Calcium carbonate is available around the world, it is compatible with a wide range of polymer resins, and is easy to grind these factors make its effective use in Plastic Industry.

In the Propylene compound calcium carbonate is often used to increase rigidity, it provides opacity and surface gloss. Consumption of Calcium Carbonate is increasing with continuous demand for plastic products. Moreover, stringent environmental regulations for Paints and coatings and Plastic Industry is one of the major restraints for the calcium Carbonate Market.

“Increasing demand for Paints and coatings products is expected to propel the market growth over the forecast period,” says an FMI analyst.

Key Takeaways:

• The global Calcium Carbonate market is expected to attain a value of over US$ 41.4 Bn by the end of the forecast period growing at a CAGR of 4% over the forecast period.
• Rising demand for Calcium Carbonate for various applications in the paints and coating industry is expected to propel the growth of the market in recent years.
• Key players are focusing on increasing production capacity and expansion by setting up a new plants to cater to the growing demand of end-use industries
• Calcium Carbonate is compatible with a wide range of polymer resins and is easy to grind making its effective use in Plastic Industry.
• Due to the presence of countries like China, the world’s largest Calcium Carbonate producer, East Asia is predicted to be the leading market in terms of Calcium Carbonate consumption.

Competitive Landscape

Imerys, Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Mississippi Lime Company, Carmeuse, Sibelco, Midwest Calcium Carbonate, Calciner SA, Greer Limestone Company, LafargeHolcim, United States Lime & Minerals, Inc., Excalibar Minerals LLC, AGSCO Corp, Blue Mountain Minerals, GCCP Resources, GLC Minerals, LLC, ILC Resources, Mountain Materials, Inc., NALC, LLC and various others are the some of the key manufacturers of Calcium Carbonate Calcium Carbonate profiled in the full version of the report.

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Calcium Carbonate Market Segmentation

By Product Type:

• Ground Calcium Carbonate (GCC)
• Precipitated Calcium Carbonate (PCC)

By Application:

• Fillers
• Neutralizing Agents
• Construction Materials
• Dietary Supplements
• Desulfurization
• Additive
• Others

By End Use:

• Paper
• Plastic & Rubber
• Paints & Coatings
• Adhesives & Sealants
• Cement & Ceramics
• Agriculture
• Pharmaceuticals
• Others

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More Insights into the Calcium Carbonate Market Report

In its latest report, FMI offers an unbiased analysis of the global Calcium Carbonate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, its growth, and scope, the market is segmented based on Application, Product Type, End use and Region.

About Future Market Insights (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 favour 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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The global dimethyl carbonate market is projected to expand at a 5.8% CAGR over the assessment period, reaching US$ 954.1 Mn by 2032. Increasing demand for battery materials owing to rising electric vehicle sales is expected to remain a key growth driver for sales of dimethyl carbonate.

Dimethyl carbonate is one of the key organic solvents and a chemical intermediate used in downstream applications.  In addition to the conventional applications of dimethyl carbonate such as polycarbonate production, adhesives, sealants, coatings, etc. lithium battery electrolyte segment is gaining traction in the market.

The battery electrolyte segment is expected to witness a significant growth owing to increasing applications. Industrial grade methyl carbonate is relatively a less pure grade of DMC and is mainly used in traditional downstream applications and for the manufacturing of polycarbonates, whereas battery grades are comparatively of high purity and are used in lithium batteries electrolyte.

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An increase in the preference for green or renewable chemicals is expected to boost sales of methylating agent in the forthcoming years, thereby augmenting the growth in the market.

“Growing demand for polycarbonate for the production of safety helmets, bulletproof glass, roofing and glazing, and others are expected to propel the consumption of dimethyl carbonate over the forecast period,” says an FMI analyst.

Key Takeaways:

• More than 50% of dimethyl carbonate to be consumed for the production of polycarbonate throughout the forecast period.
• The battery-grade segment is anticipated to witness a growth at a 6.7% CAGR over the forecast period.
• The U.S. will hold 89% of the North America dimethyl carbonate market share through 2032.
• Sales of dimethyl carbonate in China will increase by 6.4% year-over-year.
• The South Asia and Pacific dimethyl carbonate market will offer an incremental dollar opportunity of US$ 71.6 Mn.

Competitive Landscape

Ube Industries Ltd., Shandong Shida Shenghua Chemical Group Co. Ltd., Kowa Company Ltd., Kishida Chemical Co. Ltd., Haike Chemical Group, Zhejiang Petrochemical Co., Ltd., Guangzhou Tinci Materials Technology Co. Ltd., Hefei TNJ Chemical Industry Co., Ltd., Tangshan Chaoyang Chemical Co., Ltd., Qingdao Aspirit Chemical Co., Ltd., Kindun Chemical Co., Limited, Henan GP Chemicals Co. Ltd., Aceto Corporation, Connect Chemicals, Silver Fern Chemicals, Balaji Amines, are some of the leading manufacturers of dimethyl carbonate.

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Dimethyl Carbonate Market Segmentation

By Grade:

• Industry Grade
• Pharmaceutical Grade
• Battery Grade

By Application:

• Polycarbonate Synthesis
• Battery Electrolyte
• Solvents
• Reagents
• Fuel Additives
• Electrolyte
• Others

By End Use:

• Plastics
• Paints & Coating
• Pharmaceutical
• Battery
• Agrochemicals
• Adhesives & Sealants
• Electronics
• Others

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More Insights into the Dimethyl carbonate Market Report

In its latest report, FMI offers an unbiased analysis of the global dimethyl carbonate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on grade, application, end-use, and region.

About Future Market Insights (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 favour 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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As per Future Market Insights, the global ammonium carbonate market is estimated to expand at a 5.2% CAGR over the forecast period, reaching US$ 688 Mn in 2022. With a favourable demand outlook, the market size will reach US$ 1.1 Bn by 2032.

Ammonium carbonate is widely used in various as a leavening agent for baking goods. Manufacturers in the food sector are using food-grade ammonium carbonate since the demand for baked goods and crispy snacks with longer shelf-life is growing.

The various benefits of food-grade ammonia above other chemical leavening ingredients for specific types of cookies are anticipated to fuel sales in the market. Also, when compared to alternative leavening agents, the usage of food-grade ammonium carbonate results in a crispness that lasts longer.

Furthermore, because food-grade ammonium carbonate is not extremely reactive at room temperature, it has a good bench tolerance, making it ideal for cookie dough storage. As a result, bakers are increasingly incorporating food-grade ammonium carbonate into products that require exceptional crispness and shelf life.

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In addition to this, ammonium carbonate is used in the textitle industry for syeing and printing various fibers. These salts increase the fastness property of the pigment on fiber, especially wet fastness. Due to this reason, ammonium carbonate salt is used widely in the textiles industry.

“Increasing demand for ammonium carbonate in the pharmaceutical sector, along with ongoing expansion of the food and beverage sector across emerging economies are key factors expected to create opportunities for growth in the market,” says an FMI analyst.

Key Takeaways:

• The global ammonium carbonate market is expected to reach US$ 1.1 Bn by 2032, growing at a CAGR of 5.2% over the forecast period.
• The rising demand for ammonium carbonate for various applications in the food industry is expected to propel the growth in the market.
• Key players are focusing on increasing production capacity and expansion by setting up new plants to cater to the growing demand.
• Ammonium carbonate is compatible for dyeing purposes to increase the fastness property of the fabric.

Competitive Landscape

Taixing Dongyu Chemical, Oasis Fine Chem, Akash Purochem Private Limited, Shanghai Tenglong Agrochemical Co. Ltd., BASF, Sinoharvest Corporation., Merckmillipore, Sandvick, Honeywell, Vishnupriya Chemicals, Adhunik Industries, Huaron Chemical Co Ltd, Prochem Inc, And Takasugi Pharmaceutical others are some of the key players in the ammonium carbonate market.

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Ammonium Carbonate Market Segmentation

By Grade:

• Pharmaceutical Grade
• Food Grade

By Type:

• Lumps
• Powder

By Application:

• Leavening Agent
• Pharmaceutical Ingredients
• Food & Beverage agent

By End-Use:

• Pharmaceutical Industry
• Cosmetic & Personal Care
• Food Industry
• Textile Industry
• Others

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Global Ammonium Carbonate Market: Segmentation Overview

The global ammonium carbonate market is segmented by application, function type, and product type. By product type, the ammonium carbonate market is sub segmented into reagent grade and technical grade.

Within application section, these are further sub-segmented into food & beverages, pharmaceuticals, cosmetics & personal care, and animal feed. In pharmaceutical segment, Ammonium Carbonate is majorly used in cough syrups, cough relief, and other products.

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The global paraffin market is estimated to secure a market value of US$ 9.4 Billion by 2032 while expanding at a CAGR of 4.4%. The market valued US$ 5.9 Billion in 2021. The industry is anticipated to garner US$ 5.9 Billion in 2021.

The growth of the market can be attributed to the expansion of key end use industries, such as the paperboard and packaging sector, and personal beauty care, among others. Demand from the food industry for surface protection is projected to be another factor driving the industry growth in the forecast period.

Furthermore, expanding candle industry is predicted to propel the market. Yankee Candle Company launched a Sunday Brunch Candle collection. The candle was launched in various fragrances such as; vanilla, honey lavender, and others.

Such initiatives are anticipated to boost the demand for Paraffin and propel the industry growth in the forecast period. In addition, rising demand for personal care products, principally in developing countries, like India, South Korea, and others are predicted to drive the market in the forecast period.

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Rapid urbanization and the surging number of working women are other important factors contributing to the surged demand for paraffin in the forecast period.

Key Takeaways from the Global Paraffin Market:

• The paraffin wax segment to expand at a growth rate of 4.1% during the forecast period
• Paper board and packaging to record a CAGR of 4.1% in the assessment period
• Market in the U.S to hold a value of US$ 3.2 Billion by 2032
• Chinese market to record a CAGR of 4% by 2032
• Market in Japan to secure a market value of US$ 600 Million
• Market in South Korea to hold a revenue of US$ 300 Million by 2032

“Rapid growth of personal and beauty care sector, owing to the increasing disposable income and swift development of paper board and packaging industry is expected to play a significant role in driving the global market for paraffin in the forecast period.”

Competition Analysis

Key players in the global paraffin market includeExxon Mobil Corporation, Sasol, LANXESS, China Petroleum & Chemical Corporation, and ENEOS Corporation.

Recent key developments in the market are as follows:

• In March 2022, Sasol, the South African Energy, and Chemical Company sold its German subsidiary Sasol Wax to AWAX s.p.a. The firm is an international group specializing in providing wax products. The enterprise with two manufacturing units in the U.K and Austria will function under the name Hywax GmbH from w.e.f March 1, 2022.
• In August 2021, LANXESS acquired Emerald Kalama Chemical for US$ 1.04 Billion. The specialty chemicals enterprise, LANXESS accomplished the second-largest history with the takeover of Emerald Kalama Chemical.

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Key Segments Profiled in the Global Paraffins Market

Paraffins Market by Type:

• Paraffin Wax
• Liquid Paraffins
• Kerosene Paraffins
• Petroleum Jelly Paraffins

Paraffins Market by Application:

• Paraffins in Cosmetics and Personal Care
• Paraffins in Paperboard and Packaging
• Paraffins in Fuel
• Paraffins in Rubber
• Paraffins in Lubricants
• Paraffins in Other Applications

Paraffins Market by Region:

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

 More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global paraffin market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

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The study reveals essential insights on the basis of type (paraffin wax, liquid paraffin, kerosene, petroleum jelly) and application (cosmetics and personal care, paperboard and packaging, fuel, rubber, lubricants, other applications), across five major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa)

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour 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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The global laminating adhesives market is estimated to top US$ 4.33 Bn by the end of 2027 in comparison to the US$ 3.10 Bn registered in 2021. Shifting approach toward low volatile organic compounds (VOCs) & environmentally sustainable adhesives continue to drive global laminating adhesive market.

Growth in disposable products is another factor enabling broader consumption of laminating adhesives in the packaging industry. In 2027, the laminating adhesives market is projected to reach US$ 4.33 Bn in 2027, expanding at a healthy 5.8% CAGR during the forecast period of 2022-2027.

The laminating adhesives market is expected to experience significant growth, owing to growing industries – food, pharmaceutical, automotive and construction. Moreover, governments across the world are substantially investing in the healthcare sector, which is again expected to bolster the demand for laminating adhesives.

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The COVID-19 Impact on Global Market Scenario

The coronavirus (COVID-19) pandemic has significantly affected every facet of industrial sector globally. This has steered several changes in the laminating adhesives market landscape. Self-quarantine regulations have led to supply shortage and event withdrawals, and market players are gradually shifting their sources away from East Asia, given production and manufacturing disturbances in the region.

However, the coronavirus pandemic is likely to boost the adoption of flexible packaging to enhance food safety and thus, would offer new opportunities for players in laminating adhesives market.

In the global laminating adhesives market, food packaging applications are likely to hold key market shares. Among laminating adhesive types, water based laminating adhesives are expected to capture over 50% share of global market value, owing to their low-VOC content that reduces the negative impact on environment.

Key Takeaways of the Study

• Factors such as increasing disposable incomes and rising urbanization that will continue to boost demand for packaging adhesives and increase packaged consumer goods sold in supermarkets, e-commerce websites, and other retail outlets will augur well for laminating adhesives market.
• Water based adhesives are estimated to outpace solvent based laminating adhesives market, especially in the US and Europe over the forecast period.
• North America and Europe are likely to see healthy growth in their respective transportation equipment markets, as manufacturers of automobiles and aerospace equipment are increasingly embracing adhesive technologies to reduce vehicle weight and thus meet fuel efficiency requirements.
• India is expected to be the fastest-growing market of laminating adhesives, fueled by robust increases in motor vehicle output and construction spending.

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Competition Overview

Major players involved in the laminating adhesives market are focusing on expanding their customer base and distribution channel to meet the growing demand for laminating adhesives.

For instance, in May 2022, Arkema S.A.’s subsidiary company Bostik S.A. expanded its distribution channel of maintenance, repair, and operations (MRO) in the US. The MRO product line includes glue sticks, anti-seize compounds and lubricants, woodworking lubricants, epoxy adhesives, and aerosol adhesives to satiate the rising demand from manufacturers across the country.

Key players involved in the laminating adhesives market include The DOW Chemical Company, Huber Group, Arkema S.A., TOYOCHEM CO., LTD., Ashland Global Specialty Chemicals Inc., SAPICI S.p.A., H.B. Fuller Company, 3M, Sika AG, Henkel AG & Company, KGaA, Bayer AG, and among others.

Laminating Adhesives Market by Category
By Product Type:

• Solvent Based
• Water Based

By Application:

• Food Packaging
• Medical Packaging
• Industrial Packaging
• Other End-use

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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 5-years.

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The global emission control catalyst for marine market is anticipated to expand at a steady 5.5% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Driven by this, the global emission control catalyst for marine market is expected to surpass US$ 1,531.3 Mn by the end of 2031.

Growing marine fleet size, along with increasing demand for shipping transportation is expected to drive the market over the assessment period.  Catalytic converters remove hydrocarbons, nitrogen oxides and carbon monoxide from exhaust fumes in marine engines.

The International Maritime Organization (IMO) has implemented strict regulations for harmful emissions from vessels based on their date of engine installation. New marine engines are equipped with selective catalytic reduction catalyst (SCR) to reduce NOx emissions which is fueling the demand for marine catalysts.

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Manufacturers of marine catalysts are offering a wide variety of emission control products and proprietary technologies for emission reductions in marine vessels. They are focusing on providing marine catalysts that comply with existing and anticipated emission regulations.

As per FMI, the market is predicted to be dominated by China, and the trend is projected to continue over the forecast period. Many manufacturers are designing catalysts to comply with China’s marine engine emission standard, which is expected to continue boosting sales in the market.

Key Takeaways:

• By product type, demand for diesel-based emission catalysts is expected to surge at a 5.5% CAGR over the forecast period.
• By application, sales in the fishing boat segment are projected to account for more than 54% of the total market share in 2021.
• The OEM segment is anticipated to grow at a 4.3% CAGR during the assessment period.
• Sales of emission control catalyst for marine in the U.S. are projected to increase at a 5.1% CAGR during the assessment period.
• China is anticipated to emerge as a key market in the East Asia emission control catalysts for marine market over the forecast period.
• In Southeast Asia, demand in the Indonesia market will grow at a 6.1% CAGR through 2031.
• Japan and South Korea will collectively account for 29.3% of the total emission control catalyst for marine Market share through 2021.

“Demand for emission control catalysts is expected to be driven by stringent regulations implemented to curb the emission of  SOx, CO2, and other harmful gases from different types of marine engines. In addition to this, surging demand for diesel-based catalysts for commercial vehicles will fuel sales in the forthcoming years,” says the FMI analyst.

Competitive Landscape         

Key market players in the global emission control catalyst for marine market elaborated in the report includes BASF SE, Johnson Matthey, Haldor Topsoe, Heraeus Holding, Tenneco Inc., Alfa Laval, NGK Insulators, Cormetech, Cataler Combustion Corporation and others.

Manufacturers are focusing on sustainability and are aiming to increase research & development activities for the development of new products. In addition to this they are investing in production capacity expansions in response a growing consumer pool.

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For instance:

• In January 2021, Hug Engineering introduced selective catalytic reduction solutions that abide to the IMO Tier 3 regulations on exhaust emissions for marine industry.

Emission Control Catalyst for Marine Market By Category

By Product Type:

• Diesel-Based Emission Catalyst
  • Diesel Oxidation Catalyst (DOC)
  • Selective Catalytic Reduction Catalyst (SCR)
  • Catalyzed Soot Filter/Diesel Particulate Filter
  • Ammonia Oxidation Catalyst (AMX)
  • NOx Absorbers
• Gasoline-Based Emission Catalyst
  • Palladium based catalyst
  • Rhodium based catalyst
  • Platinum based catalyst

By Application:

• Commercial Vessel
• Offshore Support Vessel
• Passenger Vessel
• Power Boat
• Fishing Boat

By End Use:

• OEM
• Retrofit

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More Insights into the Emission Control Catalyst for Marine Market Report

In its latest report, FMI offers an unbiased analysis of the global Emission Control Catalyst for Marine Market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope.

The market is segmented on the basis of product type (diesel-based emission catalyst, gasoline-based emission catalyst), applications (commercial vessel, offshore support vessel, passenger vessel, power boat and fishing boat) and end use (OEM and retrofit) across countries and regions (North America, Latin America, Europe, East Asia, South Asia Pacific and Middle East & Africa).

About FMI

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

Contact Us

Unit No: 1602-006
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Plot No: JLT-PH2-X2A
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