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Chemical hardener compounds are used to increase the density and hardness of concrete surfaces. They are usually inorganic in nature and available in dry or liquid forms for application on cured or uncured concrete surfaces. Chemical hardener compounds, when applied to a concrete surface, react with the free lime in concrete, which results in a mixture consisting of dicalcium and tricalcium silicate compounds. These dicalcium and tricalcium silicate compounds further react with the excess water present in concrete to produce calcium silicate hydrate, which is also known as tobermorite gel.

The end result of this entire sequence is that the empty pores of the concrete surface are filled with the by-products, thus increasing the density of the concrete surface. Also, the crystalline structure of the mixture is further strengthened with enhanced bonding, which increases the surface hardness of concrete. The application of chemical hardener compounds reduces the pitting and dusting of concrete. Chemical hardener compounds are available in various chemical compositions, depending on the manufacturer. However, all of the compounds are composed of silicate ions, which ultimately react with the free lime in concrete.

Considering these aspects of chemical hardener compounds, the study of the trends and forecasts of the chemical hardener compounds market becomes an important read.

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Chemical Hardener Compounds Market: Dynamics

Chemical hardener compounds find application across the construction industry to increase the durability and life of concrete surfaces. They are used in the refurbishment of soft or dusty concrete floors to increase their surface hardness by up to 300 times.

The application of chemical hardener compounds also significantly increases the chemical resistance as well as abrasion resistance of concrete surfaces. Chemical hardener compounds provide a reliable alternative for the strengthening of softened or weakened concrete floors instead of replacing or removing the existing concrete floor, thus saving significant costs and labor man-hours.

The use of chemical hardener compounds also ensures the effective sealing of concrete surfaces against the penetration of moisture, thereby preventing problems such as leakages and offering protection against the sweating slab syndrome, where moisture builds up on the concrete floors and slabs.

Strength, durability and moisture, chemical and abrasion resistance are the key benefits offered by chemical hardener compounds and thus, these chemicals enable cost savings, efficient use of concrete floors and overall satisfaction for the end users of residential, commercial and industrial construction. Thus, the increasing demand for reliable concrete floor and slab development across various construction applications is expected to drive the market for chemical hardener compounds.

Chemical Hardener Compounds Market: Regional Outlook

The demand for chemical hardener compounds is set to grow at a robust pace in the next five to ten years with growing demand from the construction sector, especially commercial and industrial construction. Asia Pacific is expected to be a significant market for chemical hardener compounds, with fast growing economies and high rates of industrialization. The growing warehousing and logistics industry in the region, which commonly uses concrete floors, is expected to drive the demand for chemical hardener compounds.

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Europe and North America are also important regions for the chemical hardener compounds market, with stable demand patterns. Strong regulations pertaining to the use of construction chemicals are also expected to have an impact on the chemical hardener compounds market in Western Europe and North America. China, Japan, the U.S., Germany, the U.K., Australia and India are some of the key countries to watch for the chemical hardener compounds market.

Chemical Hardener Compounds Market: Market Participants

Examples of some of the market participants identified in the chemical hardener compounds market include,

• Sika Limited
• Euclid Chemical Company
• RCR Group
• Flowcrete Group Ltd.
• Dribond Construction Chemicals
• Laticrete International, Inc.
• W. R. Meadows, Inc.
• Boyer Industries Corporation (Prosoco)
• Convergent Concrete Technologies LLC
• Fescon Oy

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

The report covers exhaustive analysis on

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

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
• CIS and Russia
• Asia-Pacific (China, India, ASEAN, South Korea)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

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Chemical Hardener Compounds Market: Segmentation

On the basis of composition, the chemical hardener compounds market has been segmented as,

• Magnesium fluorosilicates
• Sodium silicates
• Potassium silicates
• Lithium silicates

On the basis of application type, the chemical hardener compounds market has been segmented as,

• Admixtures
• Shake-on
• Post-curing

On the basis of form, the chemical hardener compounds market has been segmented as,

• Powder Form (Dry Shake)
• Liquid Form

On the basis of end use, the chemical hardener compounds market has been segmented as,

• Residential Construction
• Commercial Construction
• Industrial Construction
• Infrastructure Construction

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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Propylene glycol methyl ether, also known as 1-methoxy-2-propanol, is a colorless organic chemical compound. Generally, Propylene glycol methyl ether is medium boiling glycol ether that is categorized under P-series glycol ether group. This compound is produced by the reaction between propylene oxide and methanol which is carried out in presence catalyst. Propylene glycol methyl ether are used prevalently as an organic solvent in commercial as well as industrial applications such as printing ink, chemical, agricultural, and automotive, among others.

The physico-chemical properties of Propylene glycol methyl ether such as excellent solvent activity, high dilution ratio, medium evaporation rate, and readily biodegradable nature, among other owing to which it appears as suitable alternative for petroleum based solvents. Thereby, it leads to increase in demand for Propylene glycol methyl ether in several industries such as chemical, automotive and paint & coating is increased in order to support sustainability development

Market Dynamics

Across the globe, shifting preference towards the use of biodegradable, sustainable and low VoC content paints & coating products in several end use industries such as automotive, printing ink, and Fabrication industry, among other owing to which demand for ecofriendly solvents is increased over the recent past.

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This rise in demand for ecofriendly solvent is major driving factor for the propylene glycol methyl ether market. Further, increasing demand for derivative products such as propylene glycol methyl ether acetate from several industries such as electronics, chemical and printing ink, among other that help to drive the market.

Further, upsurge in demand for industrial, commercial, and household cleaners wherein propylene glycol methyl ether are prevalently used in formulation that in turn drive the market. Apart from this, fluctuating raw material prices may hamper the growth of propylene glycol methyl ether market. Moreover, significant growth of automotive industry coupled with increasing vehicle parc in developing region will in turn lead to drive the propylene glycol methyl ether market.

Regional Outlook

Over the recent past, there has been a significant growth in demand for the propylene glycol methyl ether in developed region especially in EU-5 Countries. In terms of production and consumption, Europe accounts significant share of the global market. This is mainly attributed to raising demand for ecofriendly and bio-based chemicals from several end use industries coupled with stringent government regulation and policies in Europe to promote sustainability development.

Moreover, Europe followed by North America, dominates the global propylene glycol methyl ether market and are expected to register steady growth over the forecast period. Moreover, in Asia pacific region, manufacturers are focusing on expansion of production facility in order to cater raising demand for propylene glycol methyl etherand to enhance their footprint in the global market. In terms of production capacity and consumption, China is expected to dominate the global market by the end of initial phase of forecast period.

Moreover, China, Taiwan and South Korea are expected to dominate the APAC propylene glycol methyl ethermarket owing to significant demand from electronic and semiconductor industry in these countries. It is expected that China propylene glycol methyl ether market will register healthy growth over the forecast period. Further, Latin America and Middle East & Africa are expected to register steady growth over the forecast period

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Key Player

Some of the key player identified across the value chain of Propylene Glycol Methyl Ether market are;

• BASF SE
• Eastman Chemical Company
• Royal Dutch Shell plc
• LyondellBasell Industries N.V.
• DowDuPont Inc.
• Manali Petrochemicals Limited
• Jiangsu Dynamic Chemical Co., Ltd.
• Jiangsu Ruijia New Material Co., Ltd.
• Jiangsu Hualun Chemical Industry Co., Ltd.
• Chang Chun Group, among others

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

The report covers exhaust analysis on

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

Regional analysis includes

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

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

Propylene Glycol Methyl Ether Market Segmentation

Based on product type, global Propylene Glycol Methyl Ether market is segmented into;

• PM (Propylene Glycol Mono Methyl Ether)
• DPM (Dipropylene Glycol Mono Methyl Ether)
• TPM (Tripropylene Glycol Mono Methyl Ether)

Based on application, global Propylene Glycol Methyl Ether market is segmented into;

• Chemical intermediate
• Solvent
• Coalescing agent
• Coatings
• Electronics
• TFT-LCD Manufacturing
• Semiconductor
• Others

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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As increasing urbanization and industrialization has bolstered the growth of developing regions, applications in automotive, consumer appliances and HVAC sectors have boosted rapidly, posing a direct impact on the demand for OEM Insulation. According to a new research report by Future Market Insights, the global OEM insulation market is expected to reach a market value of over US$ 19,500 Mn by the end 2028, growing at a CAGR of 4.5% during the forecast period.

OEM Insulation Market Size (2021)	US$ 14.5 Bn
Sales Forecast (2028)	US$ 19.6 Bn
Global Market Growth Rate (2022 to 2028)	3.9% CAGR
Share of Top 5 OEM Insulation Providers	40%

Future Market Insights (FMI) has published a new research report on pour point depressants. The report has been titled “Pour Point Depressants Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028.” The growth in the automotive industry has provided the global pour point depressants market a substantial push towards development. The growing oil trade and consumption across cold regions has triggered the demand for pour point depressants.

According to the report, the global pour point depressants market is expected to exhibit a CAGR of 3.2% from 2022 to 2028. The market was worth US$ 1.97 Bn in 2022 and is projected to reach a valuation of US$ 2.46 Bn by the end of 2028.

Attribute	Details
Pour Point Depressants Market Estimated Size in 2022	US$ 1.97 Bn
Pour Point Depressants Market Projected Size in 2028	US$ 2.46 Bn
Pour Point Depressants Market Historical CAGR (2013-2021)	3.4%
Pour Point depressants Market Value-Based CAGR (2022-2028)	3.2%

The exploding population will translate to a rise in the demand in the automobile and industrial sectors. This tremendous rise in demand will escalate the consumption of pour point depressants based products across the globe.

In order to meet the increasing requirements of consumers, companies operating in the global market are pulling up their socks and are entering into mergers and acquisitions in order to expand their consumer base and also facilitate product expansion.

In 2017, BASF PETRONAS Chemicals started a new plant for the engineering of HR-PIB, an important intermediate used in the manufacturing of high performance fuel and lubricant additives. The annual capacity of the company’s plant in Gebeng, Kuantan, Malaysia is 50,000 MT.

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Automotive Industry to be the Biggest Support System of the Global Market

The burgeoning urbanisation, industrialisation, and economic growth across the globe is advancing the demand for automobiles in the worldwide market. This in turn is accelerating the demand for pour point depressants to be used in lubricants additives, which can hence withstand the low temperatures in American and European countries. The growing disposable income of people is compelling investors to invest more in the automotive industry.

The ever increasing demand for vehicles has encouraged automobile manufacturers to improve production output to accommodate growth, thereby positively impelling lubricant additives sales in the global automotive market. Consumers, at present, prefer premium quality lubricants, which will enhance the performance of the engine and prevent any kind of engine related issues. This is expected to further boost the demand for pour point depressants in the lubricant industry.

Rules Governing Automotive Emissions to Act as a Roadblock to Revenue Growth

Examining the effect of carbon emissions from automobiles, several governments and regulatory bodies are enforcing strict regulations on automobile manufacturers. Petrol- and diesel-based automobiles are the core reasons behind air pollution as they emit a significant amount of nitrogen oxide, carbon monoxide, and other pollutants into the air. Adding to this, transportation is responsible for over half of nitrogen oxides and carbon monoxides and nearly a quarter of the hydrocarbons released into the atmosphere. As a result of such regulations, automobile manufacturers are looking to manufacture CNG vehicles, causing a challenge for the market for pour point depressants.

Competitive Landscape

Leading players operating in the pour point depressants market are constantly upgrading their product portfolios. They have adopted various organic and inorganic strategies such as partnerships, advanced product launches, collaborations, price reduction, acquisitions and establishment of new facilities to gain a competitive edge in the market. For instance,

• In September 2019, Clariant Oil Services launched a breakthrough WAXTREAT SubZero pour point depressant technology for cold climatic regions. The technology will help oil production companies to overcome the challenges associated with the transportation of waxy crude oils.
• In November 2021, Evonik announced Brenntag Bulgaria EOOD as its new distribution partner in Greece.
• In November 2019, Evonik expanded its production capabilities for polyalkylmethacrylate based viscosity modifiers to meet the rapidly rising demand.

The other companies operating in the global pour point depressants market are Akzo Nobel N.V., Evonik Industries AG, Clariant, Chevron Corporation, NewMarket Corp., Shengyang Greatwall Lubricant Oil Co., Ltd., and Puyang Jiahua Chemical Co., Ltd., among others.

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Pour Point Depressants Market by Category

Future Market Insights (FMI) has introduced a new report on carbon fibre composites for prosthetics. The report has been titled, “Carbon Fibre Composites for Prosthetics Market: Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028.” According to the Amputee Collation, the main causes of limb loss have been vascular diseases (54%) – including diabetes and peripheral arterial disease, trauma (45%) and cancer (less than 2%).

Attribute	Details
Carbon fibre composites for prosthetics Market Size Value in 2013	US$ 36.8 Mn
Carbon fibre composites for prosthetics Market Size Value in 2022	US$ 49.5 Mn
Carbon fibre composites for prosthetics Market Size Value in 2028	US$ 61.9 Mn
Carbon fibre composites for prosthetics Market Historical CAGR (2013-2021)	3.3%
Carbon fibre composites for prosthetics Market CAGR (2022-2028)	3.2%

The report has been titled “Pharmaceuticals Grade Sodium Bicarbonate Market: Global and India Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” Future Market Insights (FMI) has published a new research report on the pharmaceuticals grade sodium bicarbonate market. In the pharmaceuticals industry, sodium bicarbonate is basically used as an active pharmaceutical component and excipient. It is fundamentally employed for treating hemodialysis, cardiac arrest, extracorporeal circulation of blood, circulatory insufficiency because of shock or severe dehydration, uncontrolled diabetics, and metabolic acidosis. Sodium bicarbonate also acts as an antacid in medicines and can also be employed for maintaining the pH level of the blood and control the level of acidity in the blood during hemodialysis.

In order to cater to the growing needs of the pharmaceuticals industry, the companies operating in the market are coming up with new strategies. For instance, In January 2018, Solvay SA inaugurated its new energy-efficient gas turbine at its soda ash plant in Rosignano, Italy, securing the plant’s current production capacity and long-term competitiveness in local and export markets. Following this other companies also pulled up their socks in order to stay competent in the market. Some of the other companies operating in the market are Novacap Group, Tata Chemical limited, Ciech SA, Natural Soda LLC, Jost Chemical Co., and Tronox Alkali Corporation.

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According to the report, the global market for pharmaceuticals grade sodium bicarbonate is expected to witness a CAGR of 3.2% from 2017 to 2027.  The market was worth US$ 160.4 Mn in 2017 and is expected to reach a valuation of US$ 220.3 Mn by the end of 2027.

Demographic Changes to Act as Growth Booster for the Global Market

Globalisation, demographic changes, and population growth have not only contributed to the pharmaceuticals industry growth, but also have led to the rising standards of healthcare services across the globe. The expansion of government health programmes, especially in developing countries, is further boosting the overall healthcare and pharmaceutical spending in various regions. In a broader perspective, a shift in day-today activities, eating habits, disease patterns with respect to age, etc. are estimated to remain key factors leading to increased demand for pharma and medical services.

Availability of Substitutes to Pose a Threat to Market Development

Sodium bicarbonate has various substitutes for pharmaceutical applications, such as calcium carbonate, calcium chloride, etc. Calcium carbonate occurs in nature as limestone, chalk, marble, calcite, seashells, corals, etc. Although calcium carbonate is a soluble alkali, tests prove that sodium bicarbonate is a stronger base than calcium carbonate. The sodium bicarbonate salt is relatively cheap and high consumption of sodium source compounds can cause renal diseases and may also increase heart pressure, which can lead to heart failure or stroke. Calcium carbonate is more effective and safe than sodium bicarbonate and is the first line of medication for heartburn. Calcium carbonate works in seconds and is readily available over the counter. Calcium chloride has minimal side effects and is available in chewable form.

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Pharmaceutical Grade Sodium Chloride Market

By Type:

• API-NaCl
• HD-NaCl

By Application:

• Injections
• Hemodialysis
• Oral Rehydration Salts
• Osmotic Agents
• Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Market Viewpoint

4. Global Pharmaceutical Grade Sodium Bicarbonate Market Analysis 2012–2016 and Forecast 2017–2027

To be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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The global Liquid Silicone Rubber Market is estimated to exceed the valuation of US$ 6.59 Bn by 2022. Surging application of liquid silicone rubber across industries such as construction, automotive, healthcare, and consumer goods among others is anticipated to favor the growth in the market.

The study foresees a moderate growth for the expansion of global liquid silicone rubber market during the period, 2022-2026. It has been estimated that the global Liquid Silicone Rubber Market will register a value CAGR of 4.6% over the forecast period. High carbon footprint of producing liquid silicone rubber at large scale, limitations to the reuse and recyclability of such elastomers and disposability challenges are set to deter the use of liquid silicone rubbers in the near future.

As molding processes gain grounds in the manufacturing sector, injection materials such as liquid silicone rubber are witnessing a sharp increase in terms of demand. Versatile characteristics and unique properties of liquid silicone rubber is driving its value in the elastomer industry, wherein a wide spectrum of consumer products, medical devices and industrial goods are being manufactured by injecting liquid silicone rubber into mold cavities. Future Market Insights estimates that by the end of 2026, the global market for liquid silicone rubber will touch a valuation of US$ 7.9 billion.

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Industrial Grade Liquid Silicone Rubber to Reflect Global Market Value Share of 45% through 2026

Molding capabilities of liquid silicone rubbers will drive their use across several industrial applications. It has been observed that industrial grade liquid silicone rubber will showcase robust growth in demand in the coming years. Through 2026, nearly half of the global liquid silicone rubber market value will be accounted by sales of industrial grade elastomers. The report also foresees that liquid injection molding technology will be a sought-after in the global liquid silicone rubber market. In 2022, more than US$ 3.2 billion worth of liquid silicone rubbers will be used by liquid injection molding systems across the globe.

Scope of the Report

Lucrative End-use Industries for Liquid Silicone Rubbers

The study has identified key industries that will drive the end-use of liquid silicone rubber in the near future. Consumer goods industry will reflect highest profitability in the end-use of liquid silicone rubber for manufacturing fast-selling products such as buttons and rubber gaskets. By the end of 2026, US$ 1.76 billion worth of liquid silicone rubber will be used in the production of consumer goods worldwide. Furthermore, healthcare landscape will also exhibit fast-growing end-use of liquid silicone rubber over the forecast period.

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Liquid silicone rubber manufacturers will find lucrative profit margins will selling these elastomers in the production of expensive medical devices such as lung catheters. The report also observes the automotive industry as a lucrative end-user of liquid silicone rubbers. Over the forecast period, automotive end-use of liquid silicone rubber will reflect highest value CAGR of 5.4% in the global market.

China National Chemical Corporation, Shin-Etsu Chemical Co., Ltd., KCC Corporation, Toshiba Medical Systems Corporation, and Zhejiang Xinan Chemical Industrial Group Co., Ltd. are among the prominent manufacturers of liquid silicon rubber based in Japan, China, Korea and other parts of the Asia-Pacific region. The report estimates that in 2018 and beyond, the Asia-Pacific excluding Japan (APEJ) region will represent largest marketplace for liquid silicone rubber, reflecting a weighted 35% share on global market value. Other key players in the global liquid silicone rubber market, namely Dow Corning Corporation, Momentive Performance Materials, Inc., Evonik Industries AG, Bluestar Silicones International, SiVance, LLC, NuSil Technology LLC, Simtec Silicone Parts, LLC, Wacker Chemie AG, Stockwell Elastomerics Inc., and Xinapse Systems Ltd. are also expected to bolster their presence across the APEJ region in the foreseeable future.

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
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The global silicon tetrachloride sales is expected to create a valuation of about US$ 2,277.4 Mn in 2022. The global business is further estimated to witness a considerable CAGR of 4.5% during the period of 2022 and 2027.

Future Market Insights (FMI) has published a new research titled “Silicon Tetrachloride & Derivatives Market: Global Industry Analysis 2012 – 2021 and Opportunity Assessment 2022 – 2027.” The report states that the demand for silicon tetrachloride is likely to be driven by the growing demand for chemical intermediate manufacturing. As silicon tetrachloride is employed as an intermediate in the production of polysilicon, its demand in certain vertical industries is also increasing and is expected to remain on the same track in the coming years.

The global Silicon Tetrachloride Market is expected to witness a CAGR of 4.5% from 2022 to 2027. The market is expected to reach a valuation of over US$ 2,846 Mn by the end of the forecast period.

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Growing Demand for Optic Cable to Bode Well for Market Growth

High purity silicon tetrachloride is a major raw material used for the manufacturing of optic cable preform, which is used in the manufacturing of optic cables. In the recent past, supported by the growth of 4G, 5G, LTE, FFTx and the IoT, there has been a significant increase in the demand for optic cables across the globe. China, U.S. and Japan constitute around 80% of total optic cable preform manufacturing and in terms of consumption, China accounted for nearly 58% of total optic fibre preform in 2022. A constantly increasing demand for optic cables will boost the demand for optic cable preform, which will subsequently drive the silicon tetrachloride market over the forecast period.

However, the government of China has imposed rules and regulations on the manufacturing of silicon tetrachloride, which is produced as a by-product during the production process of polysilicon. The government of China has imposed a minimum recycle rate of 98.5% on silicon tetrachloride and the initial capital cost of silicon tetrachloride recycling facility is high and the operating cost is high as well, which in turn, is increasing the price as well as limiting the supply of silicon tetrachloride. This might adversely affect the growth of the silicon tetrachloride market over the forecast period.

Scope of the Report

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Adoption of Silicon Tetrachloride to be High in China Among all Regions

The growing use of silicon tetrachloride in China can be attributed to the lucrative growth of the solar industry in the region. One of the core raw materials used in the manufacturing of solar panels is silicon tetrachloride. The focus on solar energy in the region is expected to spur the demand for silicon tetrachloride in the coming years. Moreover, the snowballing effect of the semiconductor industry and the rising progress of the paints and coatings industry is anticipated to increase the adoption of silicon tetrachloride in the region in the years ahead.

The increasing demand for chemical intermediate in the manufacturing industry is also expected to propel the demand for silicon tetrachloride in the region. However, the dependence of the region on cyclical end-use industries and the several restrictions imposed on silicon tetrachloride owing to harmful health impacts might slow down the growth of the market in the region.

Evonik Industries to Emerge Undefeated

In 2021, Evonik Industries accounted for over 40% of the global market share and is expected to retain its dominance in the market over the course of the forecast period. The other companies operating in the market are Cabot Corp., Wacker Chemie AG, The Linde Group, DowDuPont Inc., Tokuyama Corporation, Air Liquide S.A., and OCI Company Ltd., among others.

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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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Future Market Insights (FMI) has estimated the market of electronics cleaning solvents to witness a year over year growth of 5.9% in 2022 reaching a value of about US$ 1,134.0 Mn by the end of 2022. The global market is projected to witness a growth rate of 5.9% over the forecast period of 2022 and 2029.

Electronics Cleaning Solvents Market Value (2021A)	US$ 1,070.6 Mn
Electronics Cleaning Solvents Market Sales (2022E)	US$ 1,134.0 Mn
Electronics Cleaning Solvents Market Forecast (2029F)	US$ 1,696.6 Mn
Value CAGR (2022-2029)	5.9%
Collective Value Share: Top 3 Countries (2022E)	54.2%

Electronics cleaning solvents add to the functional quality and longevity of electronic components and products; hence, these have been gaining higher importance in the electronics industry. Certain solvents also impart high insulation resistance characteristics to components and devices, which boots their demand for electronics cleaning. The electronics cleaning solvents market is constantly advancing, and superior methods and products are being developed to concur with advancements in the electronics field.

The introduction of low-cost electronics cleaning solvents, such as hydrofluoroethers (HFEs), which are designed to effectively remove solder flux residue from printed circuit boards, along with their environmental and safety advantages over chlorinated solvents and ozone-depleting hydro-chlorofluorocarbons (HCFCs), is expected to drive the demand for electronics cleaning solvents further. The global electronics cleaning solvent market is projected to exhibit a value CAGR of 5.9% during the forecast period of 2022-2029.

“Stringent regulatory environmental norms have compelled manufacturers to focus on products that result in minimal ozone depletion and contribution to global warming. One such product type, fluorinated solvents, is witnessing significant demand, and is expected to establish higher prominence in the electronics cleaning solvents market until a better alternative surfaces.”

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Key Takeaways of Electronic Cleaning Solvents Study

• Fluorinated solvents product type is anticipated to grow at a healthier rate. Its market share is projected to increase due to its zero ozone depletion potential, low global warming potential, and high solvency.
• The separated co-solvent process uses formulated hydrocarbon solvents as cleaning solvents, and is extensively used in the PCB industry, owing to the extraordinary cleaning results it provides.
• Formulated hydrocarbon solvents have developed new opportunities in the electronics cleaning solvents market over the years, and the segment is projected to witness strong market growth, supported by rising preference for this type in PCB and electronic industries.
• APEJ and Japan, together, have established a lion’s share in the electronics cleaning solvents market, owing to the expanding electronics and electrical industry in the region. Together, the region holds over 70% of the electronics cleaning solvents market share. Moreover, the electronics industry in the region is still at a growing stage, and is anticipated to flourish over the coming years.
• The electronics industry is focusing on electronics miniaturization; hence, nanotechnology and micro electromechanical systems (MEMS) are growing in functionality as well as acceptance in a majority of applications among various industries such as consumer electronics, automotive, aerospace, medical devices, and others.

Market Landscape Moving towards Fragmentation

The electronics cleaning solvents market is partially consolidated, with the presence of a large number of market players in both, tier I and II brackets. However, as the electronics industry is becoming highly competitive and fragmented year-by-year, the electronics cleaning solvents market is also anticipated to move towards fragmentation.

As the number of tier II and III players in the end-use sectors increases, the market is bound to witness an increase in tier II & III manufacturers to cope up with the increase in demand at variable prices.

3M, Albemarle Corporation, Asahi Glass Co. Ltd., LyondellBasell Industries Holdings B.V, Honeywell International Inc., Dow Chemical Company, Chemours Company, and Solvay SA, BASF SE are some of the established manufacturers in the electronics cleaning solvents market. Tier I participants are anticipated to face strong competition from tier II & III players over the foreseeable future.

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Electronics Cleaning Solvents by Category

By Product:

• Formulated Hydrocarbon Solvents
• Glycols & Glycol Ethers
• Fluorinated Solvents
• Brominated Solvents
• Light Petroleum Distillates

By Cleaning Process:

• Vapor Phase Degreaser
• Vacuum Cleaning
• Mixed Co-solvent
• Separated Co-solvent
• Semi-aqueous

By Region:

• North America
• Latin America and Middle East & Africa (LAMEA)
• Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

2.3. Parent Market Overview

3. Market View Point

3.1. Key Success Factors: Electronics Cleaning Solvents Market

3.2. Electronics Cleaning Solvents Selection Criteria: End Users

3.3. Macro-Economic Factors

3.4. Market Dynamics

4. Global Electronics Cleaning Solvents Market Analysis 2014-2021 and Forecast 2022–2029

To be continued…!

Related Links:

https://www.xaphyr.com/blogs/179817/Cellulose-Derivative-Market-by-Size-Share-and-Trends-by-2032

https://justnock.com/read-blog/19877

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 global countertop market is slated to reach a valuation of US$ 709.7 Bn in the year 2026 and exhibit a moderate CAGR during the period of forecast.

Attribute	Details
Countertop Market Estimated Size 2022	US$ 582.9 Bn
Countertop Market Value-based CAGR (2022-2026)	~ 5.0%
Countertop Market Size in Projected 2026	US$ 709.7 Bn

Also, with a renewed impetus that is being witnessed in the construction industry, the global countertop market is also benefitting due to this trend as most of the new countertops are installed in the kitchens of new homes and in the renovation of the old homes as well.

Also, with the interest rates historically low in the key market of United States, and with the banks being generous in extending the line of credit to the consumers, there is a rising amount of money being spend on the construction and renovation of homes, thereby directly benefitting the global countertop market.

The global countertop market is exhibiting a steady growth throughout the world due to a rise in the disposable incomes and a rise in the employment levels, especially in the key markets of North America and APEJ.

In addition, the consumers are increasingly preferring granite stone as their choice of countertop, due to the fact that the prices of granite are dropping.

This is especially true for the markets in the United States, where there is a huge availability of granite stone in the mass markets due to a plethora of supply because of the rising low cost imports of granite during the last decade. This factor, coupled with the fact that consumers are preferring granite due to its high aesthetic appeal, is making the granite stone most popular choice for the countertops.

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Are Home Refurbishment Activities Propelling the Countertop Market Growth?

The surging money lending activities from banks and increasing mortgage refinances across the globe are leading to the easy availability of more credits for the refurbishment of existing homes. The rising installation of prefabricated countertops during kitchen renovations and new home construction is estimated to accelerate the market.

According to the Australian Bureau of Statistics, in September 2021, the construction of 35,521 new private sector houses and 56,617 new dwelling units were initiated in the country. The total value of construction work done in the same month was US$ 30,556.7 million. This trend is set to continue in the other parts of the world throughout the forthcoming years, thereby driving the demand for modern kitchen countertops.

4 Forecast Highlights on Global Countertop Market

• As per the forecast of Future Market Insights, the solid surfaces material type segment is slated to touch a value of nearly US$ 34,750 Mn in the year 2026. This represents a moderate CAGR growth during the assessment period of 2022-2026. The solid surfaces material type segment was estimated to account for nearly one-fourth of the revenue share of the material type category by the year 2022 and is expected to lose in market share by the year 2026 end.
• As per the assessment of Future Market Insights, the non-residential segment will reach a valuation of nearly US$ 101,060 Mn in the year 2026. This represents a robust CAGR growth during the period of assessment. The non-residential segment was estimated to account for more than two-thirds of the revenue share of the end use industries category in the year 2022 and is expected to gain market share by the end of the year 2026.
• As per the estimates of Future Market Insights, the new construction segment is slated to reach a valuation of nearly US$ 94,850 Mn in 2026. The new construction segment is expected to gain market share by the end of the year 2026. The largest share is contributed by the APEJ region in the new construction segment.
• Future Market Insights forecasts the US countertop market to grow from US$ 16,928.6 Mn in 2022 to US$ 25,707.9 Mn in 2026. This represents a compound annual growth rate (CAGR) of 4.8% from 2022 to 2026.

Competition Landscape

The report has also profiled leading players in the global market for countertops, which will remain active through 2026. These include companies such as Cambria, E. I. du Pont de Nemours and Company, Caesarstone Ltd., Asian Granito India Ltd., Pokarna Ltd, AKG Group, Illinois Tool Works Inc., Aro Granite Industries Ltd., Cosentino Group, Vicostone and Silestone.

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Countertop Market by Category

By Material Type:

• Granite
• Solid Surfaces
• Laminates
• Engineered Quartz
• Marble
• Others

By End Use Industries:

• Residential
• Non-Residential

By Construction Activity:

• New Construction
• Renovation

By Region:

• North America
• Latin America
• Europe
• Japan
• APPEAL
• THING

Table of Content

1. Global Economic Outlook

2. Global Countertop Market – Executive Summary

3. Global Countertop Market Overview

3.1. Introduction

3.1.1. Global Countertop Market Taxonomy

3.1.2. Global Countertop Market Definition

3.2. Global Countertop Market Size (US$ Mn) and Forecast, 2012-2026

3.2.1. Global Countertop Market Y-o-Y Growth

3.3. Global Countertop Market Dynamics

3.4. Supply Chain

3.5. Cost Structure

3.6. Pricing Analysis

3.7. PESTLE Analysis

3.8. Porter’s Five Force Analysis

3.9. Investment Feasibility Matrix

3.10. Market Positioning & Behavior Assessment

3.11. Key Players Competition Matrix

3.12. List of Suppliers

3.13. Key Participants Market Presence (Intensity Map) By Region

4. Global Countertop Market Analysis and Forecast 2012-2026 

To be continued…!

Related Links:

https://club.vexanium.com/post/cellulose-derivative-market-by-size-share-and-trends-by-2032-cellulose-is-n–637e9e9376096a478985934e

https://adhipatialumni.com/blogs/60549/Cellulose-Derivative-Market-by-Size-Share-and-Trends-by-2032

https://trackthattravel.com/travelblog/26419

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