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Purified terephthalic acid (PTA) is a crucial element in manufacturing man-made fibers. Around 70-80% of polyester products are made up of purified terephthalic acid. Purified terephthalic acid is a cost effective alternative to dimethyl terephthalate (DMT), PTA has been a commonplace in the textile and packaging sectors.

Data Points	Key Statistics
Purified Terephthalic Acid (PTA) Market Value 2022	US$ 58,248.1 Million
Purified Terephthalic Acid (PTA) Market Projected Value (2032)	US$ 99,496.2 Million
Purified Terephthalic Acid (PTA) Market CAGR (2022-2032)	5.5%

Moreover, PTA is finding application in healthcare sector for treating peptic ulcer, reflux esophagitis and gastroesophageal reflux disease (GERD). The global purified terephthalic acid market is projected to grow at a healthy CAGR over the forecast period, 2022-2032. Market players are exploring growth potentials in marine, construction, and transport & wind energy industries.

Purified Terephthalic Acid (PTA) Market – Growth Trends

Growing textile industry and high adoption of polyester fibers owing to their compatibility with with other synthetic or natural fibers are driving the market for purified terephthalic acid. China is the largest textile exporter and is anticipated to grow rapidly over coming years; currently the country holds 38% share of the global textile industry. High utilization of polyester films in photographic films, data storage tapes and sheet material is anticipated to surge demand for PTA.

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Gaping forward, purified terephthalic acid are widely used in manufacturing carbonated plastic bottles. According to the Guardian, about a million plastic bottles are produce in single minute, and this production is fixed to show double digit growth over next 20 years. Furthermore, technological advancements in production devices are providing a lucrative base to the market players.

Purified Terephthalic Acid (PTA) Market – Growth Restraints

Fluctuating prices crude oil (paraxylene) are setting forth huge challenges for PTA market players. Alerted by rising ecological burden, governments across the globe are imposing bans on purified terephthalic acid which, in turn, is paving way for alternatives such as bio-based PET. Furthermore, PTA is poisonous in nature, causing slight eye and skin irritation upon contact.

Impact of COVID-19 on Purified Terephthalic Acid (PTA) Market

The global economy is witnessing deepest recession after WW2 due to COVID-19 pandemic, and its effect is apparent across the global purified terephthalic acid market as well. Due to halt in export and import from various countries, demand for textile has reduced, and manufacturers are forced to curtail production or shut down their production units.

According to just-style, about 80% of textile industries in Africa have faced downfall during the pandemic. Moreover, majority of market players are dependent on China for raw materials. As the country is facing the second wave of the pandemic, reinstating lockdowns in key manufacturing hubs are severely hampering the supply chain disruption of purified terephthalic acid market.

On the flip side, PTA is finding immense use in manufacturing of personal protective equipment (PPE) kit amid the pandemic. PPE kits have become a must for the frontline healthcare workers in order to protect them from the coronavirus while treating patients. As such, surging demand for PPE kits from various sectors is offering lucrative prospects for PTA manufacturers. With 3600 manufacturing units, about 2 lakhs personal protective equipment (PPE) kits are produced in India alone.

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Purified Terephthalic Acid (PTA) Market Regional Analysis

Asia Pacific (APAC) continues to hold leading share in purified terephthalic acid market. China is the largest manufacturer and exporter of PTA in the world. Additionally, APAC is the largest textile consumer, especially polyester fabric and yarn. Growing at a CAGR of around 5%, the APAC textile is poised to register revenues worth US$ 520 by 2024.

Further, surging sales of apparels through online platforms is anticipated to provide remunerative opportunities for PTA manufacturers. Going forward, North America is also attracting significant stakeholders’ investments, given rising adoption of polyethylene terephthalate (PET) in bottling and packaging industries. Studies find that the PET bottle industry in the region is expected to exhibit stable growth in the coming years.

Purified Terephthalic Acid (PTA) Market – Competitive Landscape

The global purified terephthalic acid market is highly fragmented, key manufacturers accounting for slight over a third of overall market revenue. Market leaders are focusing on collaboration and capacity expansion to maintain their competitiveness in the purified terephthalic acid market. For instance,

• BP has formed strategic collaboration with China Resources Chemical Innovative Materials holding Limited (CRC) to create and improve flexibility of its polyester value chain.
• Sinopec Yizheng Chemical Fibre Company has collaborated with SIBUR Holding to invest in Amur GCC for expansion of new and large-scale projects.

Players in global purified terephthalic acid market include

• Sinopec Yizheng Chemical Fibre Company
• Mitsui Chemicals
• Reliance Industries Limited
• Eastman Chemical Company
• DuPont, Formosa Plastics Group
• Alfa Group
• Indian Oil Corporation
• Mitsubishi Chemical Corporation
• SABIC
• Samsung Petrochemical Co. Ltd.
• Samyang Corporation.

 Region

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Purified Terephthalic Acid (PTA) Market – Segmentation

Purified terephthalic acid market is segmented on the basis of following,

By Application

• Polyester
  • Fiber & Yarn Grade
  • Polybutylene terephthalate (PET) Grade
  • Film Grade
• Polybutylene Terephthalate (PBT)
• Plasticizers
• Others

By End User

• Textile
• PET Bottles
• Packaging
• Others

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…!

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:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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The global isoprene rubber latex market is anticipated to expand at 8.1% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent analysis. Increasing demand of medical gloves and condoms will continue driving the isoprene rubber latex sales. Growing utilization in medical and consumer goods industry will create conducive environment for the growth of the market in the coming years.

The global isoprene rubber latex market is expected to total US$ 732.5 Mn in 2021. Increasing application of isoprene rubber latex across consumer goods, industrial, and medical industries are estimated to fuel the demand in the market.

Isoprene rubber latex is gaining immense popularity as an alternative to natural rubber. It possesses superior properties such as high resilience, good processability, and easy vulcanization, among others. In response to this, the market is estimated to surpass US$ 1.6 Bn by the end of 2031.

Growing use of isoprene rubber latex in the production of medical supplies such as catheters, probe covers, needle shields, and medical adhesives is expected to drive the sales at 8.1% CAGR over the assessment period.

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Governments of several countries are undertaking various initiatives to spread awareness regarding sexually transmitted diseases (STDs) and use of condoms. For instance, the Indian Government announced distributing nearly 180 million pieces of condoms to decline the risk of STD, under the National AIDS Control Programme in 2019.

As condoms are made using isoprene rubber latex, adoption is expected to surge over the coming years. On account of this, the market is expected to register 10.1% year-on-year (YoY) growth in 2021.

In terms of application, the medical gloves segment is anticipated to outpace the other segments, expanding at 9.2% CAGR in 2021. Rise in demand from doctors, nurses, patients, and other professionals to decline the risk of getting infected during the COVID-19 times have increased the sales of medical gloves.

Key Takeaways:

• U.S. isoprene rubber latex market is projected to total US$ 99.4 Mn, exhibiting a YoY growth of 8.8% by the end of 2021.
• China is expected to account for the largest share in the East Asia market, exhibiting growth at a CAGR of 8.8% through 2031.
• Germany market is anticipated to account for nearly 14.3% of the share in Europe, expanding at 6% CAGR over the assessment period.
• Japan and South Korea are forecast to emerge as highly remunerative markets, collectively accounting for more than 6.1% of sales in 2021.
• Based on end use, the industrial sector is estimated to register the fastest growth in the market, expanding at a 7.5% CAGR between 2020 and 2021.

“Rising demand of medical gloves from healthcare industry and the increasing usage of adhesives in food, medical and industrial packaging will drive the market of isoprene rubber latex through the projected period from 2021 to 2031,” says a FMI analyst. 

Competitive Landscape 

Key market participants in the global isoprene rubber latex market elaborated in the report includes Top Glove Corporation Bhd, Zeon Corporation, PAO Sibur Holdings, Kraton Corporation, Ansell Limited, Supermax Corp. Bhd, Royal Dutch Shell Plc, Kossan Rubber Industries Bhd, JSR Corporation, Hartalega Holdings Berhad, Rubberex Corporation, Johnson Wilshire, Medline Industries, Inc., Dipped Products Plc, Protective Industrial Products, Inc., and many others.

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Key players operating in the global isoprene rubber latex market are focusing on increasing their production capacities to strengthen their footprint especially in the emerging economies. Furthermore, key market participants are focusing on mergers, acquisitions and collaborations strategies to expand their global presence and strengthen their distribution network. For instance:

• In April 2018, Top Glove Corp Bhd acquired Aspion Sdn Bhd transforming the company into one of the world’s largest surgical glove maker and strengthening its position as the world’s largest glove manufacturer.

Key Drivers

• Increasing government regulations to prevent STD and control unbridled population growth in China, India, the U.S., and Indonesia are driving the sales across the condom segment.
• Implementation of stringent regulation on increasing patient care across hospitals and clinics is encouraging physicians to use medical gloves, which is in turn, propelling the demand in the medical gloves segment.

Key Restraints

• High cost of isoprene rubber latex compared to natural rubber is hindering the sales in the market.
• Availability of alternatives such as butyl rubber, nitrile rubber, silicone rubber, and others is hampering the growth in the market.

More Insights into the Isoprene Rubber Latex Market Report 

In its latest report, FMI offers an unbiased analysis of the Global Isoprene Rubber Latex 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 application (medical gloves, condoms, medical balloons, catheters and adhesives.), end use (medical, consumer goods and industrial) across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

Isoprene Rubber Latex Market by Category

By Application:

• Medical Gloves
• Condoms
• Medical Balloons
• Catheters
• Adhesives

By End Use:

• Medical
• Consumer Goods
• Industrial

By Region:

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

The global metallic stearates market is projected to reach a valuation of US$ 3,178.0 Mn, with sales growing at an average CAGR of 4.2% over the forecast period of 2022 to 2028. Scaling up from a value of US$ 2,397.95 Mn in 2021, the metallic stearates market is likely to reach an estimated US$ 2,478.4 Mn in 2022. Heightened adoption of metallic stearates in various end-use industries like pharmaceuticals, plastic, and construction will propel the market over the projected period.

Composites of fatty acids with metal oxides are categorized as metallic stearates. Though some stearates are not soluble in water, all metallic stearates possess many essential properties such as gelling capacity, stabilizing effects, separating properties, etc., that culminate in their wide range of applications in various industry verticals. These stearates are used as water-repelling agents, lubricating agents, defoamers, and many others. Metallic stearates are gaining massive traction in the plastic industry where they are used as lubricants, acid scavengers, and releasing agents. Metallic stearates aid the processor in producing a product with better finishing, smoother surfaces, and relatively low friction.

Moreover, enhanced lubricating and release properties of metallic stearates ensure massive scope for the product in the pharmaceutical and cosmetic industry. Shampoos, eyeliners, lipsticks, sun-protective lotions, medicated ointments, and body and foot powders, among others, contain metallic stearates. In the pharmaceutical sector, metallic stearates are utilized on a vast scale in tablet pressing and drug preparation. Some of the other applications of metallic stearates are as antistatic agents in the textile sector, as swelling and suspension aid in the ink sector, and as lubricants and release agents in the metal-processing industry. All of these numerous applications of the product promote a positive market environment for metallic stearates over the forecast period.

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“Rising adoption of metallic stearates in industry verticals like plastic, chemicals, pharmaceuticals, construction, and many others will presumably boost market prospects for metallic stearates over the forecast period,” says an FMI analyst. 

Key Takeaways:

• Opportunities in the textile industry to bolster market growth over the forecast period.
• China is predicted to dominate the market space over the forecast period, accounting for over 30% of the global market share.
• Escalating research and development activities are likely to fuel the market growth in the U.S.
• On the basis of product type, zinc stearates are to register high demand during the assessment period.
• Based on end-use, the polymer and plastic industry will lead the market over the forecast period.

Competitive Landscape 

Akrochem Corporation, Valtris Specialty Chemicals, PROMAX Industries ApS, Peter Greven GmbH & Co. KG, Univar Inc., Biogenix, Inc., Faci S.p.A., Dover Chemical Corporation, Sinwon Chemical Co., Ltd., and Baerlocher GmbH among others are some of the major players in the metallic stearates market that are profiled in the full version of the report.

Major market players are focusing on the quality and good manufacturing process of the product to enhance their market presence. These organizations are also employing competitive pricing tactics to strengthen their market position.

More Insights into the Metallic Stearates Market Report

In its latest report, FMI offers an unbiased analysis of the global metallic stearates market, providing historical data from 2013 to 2021 and forecast statistics for 2021 to 2031. To understand the global market potential, growth, and range, the market is segmented on the basis of product type (zinc stearate, calcium stearate, magnesium stearate, aluminum stearate, others (sodium stearate, barium stearate, etc.), application (metallic stearate for polymers and plastics industry, metallic stearate for rubber industry, metallic stearate for pharmaceutical sector, metallic stearate for personal care and cosmetics industry, metallic stearate for the construction industry, metallic stearate for paints and coatings industry), and region.

According to the latest FMI reports, based on region, China’s metallic stearate market is projected to dominate the market over the forecast period. The metallic stearate market in China is expected to acquire more than 30% of the global market share. Expanding manufacturing industry, increasing construction activities, and favorable government initiatives account for this impressive growth.

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In the United States of America, the metallic stearate market is expected to show considerable growth over the assessment period. The region will presumably account for 25% of the overall market share.  Increasing strong presence of the cosmetics and pharmaceutical industry coupled with escalating research and development activities foster the regional market growth over the assessment period.

Based on segmentation, by product type, the zinc stearate segment is predicted to register heightened demand while the plastics and polymer industry segment will witness the largest product application.

Key Segments Covered in Metallic Stearates Industry Survey

Metallic Stearates by Product Type

• Zinc Stearate
• Calcium Stearate
• Magnesium Stearate
• Aluminium Stearate
• Others (Sodium Stearate, Barium Stearate, etc.)

Metallic Stearates by Application

• Polymers & Plastics Industry
• Rubber Industry
• Pharmaceuticals Industry
• Personal Care & Cosmetics Industry
• Construction Industry
• Paints & Coatings Industry
• Others

Metallic Stearates Market by Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa (MEA)

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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

In phrases of fee, the worldwide Impact Modifier market is projected to sign in a healthful CAGR of five.2% all through the forecast duration due to various factors, regarding which FMI offers important insights in element. Future marketplace Insights (FMI) promises key insights on the worldwide impact modifier marketplace in its upcoming outlook titled, “impact Modifier market: worldwide industry evaluation 2013-2017 and possibility assessment 2022-2028”.

The call for for impact Modifier is specifically immoderate in areas which includes China and Japan, wherein the car and electronic devices marketplace is growing at a high price. In these regions, the market is saturated with diminished and coffee pleasant plastics, while the customers are worrying high excellent plastics, and manufacturers in these regions are reaping the gain of those opportunities thru developing plastics covered with impact Modifier which may be higher in exceptional with recognize to splendor of the object, durability and sustainability. The ones inclinations can be pondered within the fact that many worldwide gamers within the impact modifiers market are positioning to benefit greater proportion within the effect modifiers market in this location.

A more streamlined and entire product portfolio provided by using manner of the producers has encouraged stop clients in the direction of the use of impact modifiers. Also, tailored services within the effect modifier product portfolio have enabled the producers to beautify the software portfolio of effect Modifier. It’s been located that climate finding out of plastic components which incorporates impact modifiers at some degree within the production of performance of substances has come to be more essential than ever.

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Weathering in-issuer disasters, wherein impact modifiers play a tremendous feature are getting increasingly more amazing, specially within the case of car plastics. Impact Modifier provided progressed weatherability in decreased charges. Basic overall performance cloth producers are specially focusing to address the difficulty of weathering-related screw ups.

North America being a matured economy with a well-established manufacturing sector and high awareness towards the quality grade of impact modifiers, end use industries tend to adopt premium quality impact modifiers. Also, high competition in the impact modifiers market in North America has led to development of technically advanced impact modifiers with high durability and increased impact resistance properties under load. Manufacturers are coming up with solutions to include both of these properties in their impact modifiers, as these properties are basically a tradeoff.

Sometimes impact modifiers are known to be more of contaminants than stabilizers. For example, they are known to cause polymer degradation in the presence of UV and moisture resulting in adverse chalking in window and door profiles. These effects are accentuated when polymer materials which contain impact modifiers are exposed to extreme weather conditions. The damage is witnessed through undesired coloration in the products. The trend towards sustainability and green products has led to the development of green substitutes for impact modifiers and other polymer additives. Utilization of bio-based additives may slightly hinder the growth of the impact modifiers market and other polymer additives market.

This report covers various aspects of impact modifiers, including key trends adopted by market participants and their specific impact on each segment, and also offers insights and analysis of the opportunity in impact modifiers market in specific regions. North America is expected to register high growth rates between 2018 and 2026 and is also expected to remain the largest market through 2026. Based on market attractiveness, Europe and North America tend to be relatively attractive markets in the impact modifiers market. On the basis of end use, the impact modifiers market is segmented as packaging, construction, and consumer goods and automotive.

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Detailed profiles of some of the manufacturers of impact modifiers are also included in the scope of the report to evaluate their key product offerings, long-term and short-term strategies, and recent developments in the impact modifiers space. A selection of key players include Kaneka Corporation, Arkema S.A., E. I. du Pont de Nemours and Company, LANXESS Corporation, BASF SE, Clariant AG, Shandong Ruifeng Chemical Co., Ltd., Akdeniz Kimya San. ve Tic. A.S., Addivant USA, LLC, Akzo Nobel N.V., Evonik Industries AG, Sundow Chemicals and Weifang Tianrui Chemical co. Ltd amongst others.

Key Segments Covered

Global Impact Modifier Market – By Product Type

• ABS Impact Modifier
• EPDM Impact Modifier
• MBS Impact Modifier
• ASA Impact Modifier
• AIM impact Modifier
• CPE Impact Modifier

 Global Impact Modifier Market – By Application

• PVC
• Nylon
• PBT
• Engineering Plastic

 Global Impact Modifier Market – By End Use

• Packaging
• Construction
• Consumer Goods
• Automotive

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Opportunity Matrix

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Impact Modifiers Market Background

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.4. Regulatory Scenario

3.5. Value Chain Analysis

3.6. Market Dynamics

3.7. Forecast Factors – Relevance and Impact

4. Global Impact Modifiers Market Analysis 2013–2017 and Forecast 2018–2028

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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Hexylene glycol is witnessing excessive name for in the private care and cosmetics industry, due to the truth that it is used as a surfactant, emulsifier, and viscosity reducing agent in numerous products. Moreover, developing utilization of hexylene glycol as a direct solvent in paints & coatings, household and business cleaners, and so forth., is anticipated to pave the manner for decent income at some stage in the forecast period (2022-2029).

The global hexylene glycol market became valued at around US$ 187 Mn in 2018, with a marketplace volume of seventy three,590 tons.

Hexylene Glycol Market Demand (2021A)	US$ 197.3 Mn
Hexylene Glycol Market Demand Sales (2022E)	US$ 202.8 Mn
Hexylene Glycol Market Projection (2029F)	US$ 250.3 Mn
Value CAGR (2022-2029)	3.1%
Collective Value Share: Top 3 Countries (2022E)	49.2%

Asia, contributing round 1/2 of hexylene glycol marketplace revenue, maintains to offer funding prospects to producers. Call for upheaval for paints & coatings from positive end-use sectors which include creation and automotive is predicted to pressure the consumption of hexylene glycol in the location.

“Low evaporation rate and complete miscibility with water make hexylene glycol an excellent solvent. As a result, its application across several end-use industries is projected to rise, driving market growth over the forecast period.”

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Hexylene Glycol Market: Competitive Landscape

The hexylene glycol market is fairly consolidated. Global players such as BASF SE, Solvay SA, Dow DuPont, and Lonza Group have invested strategically in the hexylene glycol market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with expansion of production capacity and footprint, remains the key strategy being followed by hexylene manufacturers to enhance productivity and capture new market opportunities.

Key Takeaways from Global Hexylene Glycol Market Study

• Pharmaceutical and industrial-grade hexylene glycol is likely to be sought-after in the future, owing to the growth of pharma and construction industries.
• Demand for printing inks is rapidly increasing due to rapid growth of the packaging industry. This factor will drive the growth of the hexylene glycol market, owing to its application in the formulation of printing inks.
• Growth prospects are high in emerging markets such as India and Indonesia. Companies are focusing on different strategies in order to ensure good presence in both, emerging and matured markets. Since there are limited opportunities for hexylene glycol manufacturers in developed regions, manufacturers are focusing on emerging markets to capture a larger market share.
• East Asia, South Asia, and North America are expected to be prominent regions over the forecast period, owing to the presence of a large number of tier II & III players in East Asia and tier I players in North America.

North America Holds Noteworthy Share

North America is anticipated to hold a prominent share of the global hexylene glycol market, owing to increasing demand from the paints & coatings industry. Another key factor driving growth of the hexylene market in North America is the focus of manufacturers on customization of products as per specific applications. Hexylene glycol is also prominently used as an antifreeze agent in North America, which is bolstering its sales in the region.

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HEXYLENE GLYCOL MARKET TAXONOMY

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

Grade

• Pharmaceutical
• Industrial

Application

• Solvents
• Chemical Intermediates
• Antifreeze
• Others

End Use

• Construction
  • Adhesives
  • Concrete Additives
• Drugs
  • Pharma Equipment
  • Formulating Agents
• Paints & Coatings
• Chemicals
• Oil & Gas
• Leather & Textiles
• Others

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

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation/Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Hexylene Glycol Market Demand Analysis 2014-2021 and Forecast, 2022-2029 

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

A new decadal study presented by top research firm Future Market Insights studies the demand patterns, trends, and growth scenario of the global sodium metabisulphite market during the period 2022 – 2028. Market projections reveal revenue from the sales of sodium metabisulphite to reach a value of US$ 266.5 Mn by 2028, up from an estimated US$ 159.1 Mn by 2022 end. This is reflective of a CAGR of 5.3% during the aforesaid timeline.

The report focuses on the key applications of sodium metabisulphite across different end-use industries and throws light on the various factors impacting growth in sales of sodium metabisulphite during the period of study. Food & Beverages Industry to Project Sustained Demand for Sodium Metabisulphite; Mining to Emerge Lucrative End-use Sector in the Coming Years

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Sodium metabisulphite is predominantly used in the food and beverages industry as a preservative in dried food products and to enhance the shelf life of fruit juices. However, Future Market Insights predicts demand for industrial grade sodium metabisulphite from the mining and water treatment sectors to surge in the near future. In the mining industry, sodium metabisulphite finds application as a reducing agent to remove cyanide. Sodium metabisulphite is also used in water treatment as an anti-chlor agent to remove chlorine and heavy metals from water prior to releasing it into natural sources.

The textile industry utilises sodium metabisulphite as a bleach to brighten fabric and remove stains and it is also used in the paper and pulp industry as a bleaching agent. These wide applications of sodium metabisulphite have boosted demand across industries, upping revenue in the global market for sodium metabisulphite as a result.

Revenue from the Sales of Sodium Metabisulphite to Receive a Fillip Owing to Burgeoning Demand Across Industries

An increasing demand from the food and beverages industry is a key revenue growth driver for the global sodium metabisulphite market. Besides application as a preservative and to improve product shelf life, sodium metabisulphite is used as a dough softener in bakery products. Sodium metabisulphite finds application in the mining industry for cyanide detoxification in gold mining and also as a source of sulphur dioxide for the destruction of cyanide in the process of commercial gold cyanidation.

Over the years, several stringent laws have been imposed on gold extraction plants to completely eliminate cyanide and metal cyanide complexes before final discharge into the environment. This has increased the adoption of sodium metabisulphite in the mining industry.

As an anti-chlor agent, sodium metabisulphite removes chlorine from water and is extensively used in municipal and industrial water treatment facilities. With declining availability of fresh sources of water, rising levels of water pollution, and climatic changes, governments and global environment protection associations have implemented stringent regulations to conserve existing water resources and reduce water pollution. This has led to an increase in demand for sodium metabisulphite used in the chemical processing of water.

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Scope Of Report

Manufacturers of Sodium Metabisulphite to Expand Production Capacity to Meet Rising Demand from End-use Industries

Rapidly growing demand from the mining and water treatment industries has pushed manufacturers of sodium metabisulphite to increase their production capacity to meet product requirements from multiple industries. A key trend being observed in the global sodium metabisulphite market is the increase in dependence on imports from China.

China is the leading producer and consumer of sodium metabisulphite given the easy availability of raw material in the country and presence of a large number of local manufacturers of sodium metabisulphite. Companies functional in the global sodium metabisulphite market find it convenient to import sodium metabisulphite at reduced prices from Chinese manufacturers. This is further expected to boost revenue growth in the global sodium metabisulphite market in the near future.

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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 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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The global polysilicon market is anticipated to hold a valuation of US$ 8.5 Bn in 2022, and progress at a steady CAGR of 5.6% to attain an estimated net worth of US$ 11.8 Bn by 2028. The widespread installations of solar photovoltaics (PV) are expected to drive the demand for silicon products.

As the popularity of solar energy generation increases, demand for solar-grade polysilicon products is also expected to see a major rise over the forecast period of 2022 to 2028. Rising demand for electronics and semiconductors is also set to propel sales of electronics-grade polysilicon materials.

Future Market Insights present a half-yearly comparison of the growth projections for the market of polysilicon along with the dynamics and key developments impacting the market trends. Polysilicon sales are expected to witness a growth rate of magnitude 4.8% over the first half of 2022 as compared to the growth rate of 4.6% in the first half of 2021, an increase of 20 bps.

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Key Takeaways

• The predominant influence on the polysilicon market is from several macro-economic, industrial, and innovation factors. These factors have a positive impact on the growth of the market. At present, the market is witnessing a trend of increase in the production capacities of the key manufacturers.
• Owing to significant demand from certain end-use sectors such as growth in solar cell installations, surging investments, and incentives in solar PV installations along with growth in semiconductor sales are driving sales in sales in the global market.
• Due to a significant development in the end-use industries, the market is anticipated to maintain its year-over-year growth throughout the forecast years (2022-2028).
• Sustainability has emerged as a prominent trend over the past couple of years, and it has picked up pace in recent times as well. By completely changing the course of many industrial verticals, polysilicon has gained traction over the years since its scope of application in solar panels and semiconductors and electronics has increased substantially.
• Rapid urbanization and the increasing adoption of renewable energy sources across various geographies have led to a significant surge in solar installations across the world.
• A significant rise in the business potential of polysilicon can be witnessed in developing countries like India since the manufacturing of polycrystalline silicon has increased over the forecast period. Polysilicon production through the Siemens process is one of the most common methods used at production facilities globally.

Competitive Landscape

Wacker Chemie AG, OCI Company Ltd., GCL-Poly Energy Holdings Limited, TBEA Co. Ltd, REC Silicon ASA., CSG Holdings Co. Ltd., Tokuyama Corporation, Daqo New Energy Co. Ltd., Mitsubishi Materials Corporation, Hanwha Chemical Co. Ltd, Asia Silicon, Osaka Titanium Technologies Co. Ltd., Qatar Solar Technologies, Hemlock Semiconductor Corporation are some of the key companies profiled in the full version of the report.

The polysilicon market is partially fragmented and offers fair opportunities to major players as well as new entrants in the industry. Polysilicon manufacturers are majorly focusing on bolstering their production capacity across multiple geographies to meet increasing demand from emerging economies with high manufacturing activity.

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More Insights into the Polysilicon Market

Under the polysilicon industry analysis, there is a thorough study of regional markets including North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA). We provide a detailed assessment of specific information of each region.

Together, East Asia, South Asia, and the Pacific regions are expected to account for more than 90% of the global polysilicon market share in 2022. Developing nations including India and China are expected to have a high demand for polysilicon products. This can be attributed to the rapid development of the Chinese solar industry and government backing for the industry.

The North American region is anticipated to account for a 2.8% global market share. The surge in solar installations across the United States is expected to show steady growth over the forecast period and drive demand for polysilicon materials.

The European market is also anticipated to rise on similar lines and have a very small market share of 2.1% in the year 2022.

India is predicted to be one of the most prominent markets in the Asian region. It provides a lucrative setting for polysilicon shipments and the government plays a vital role in promoting solar energy generation in India, and this is expected to drive demand for solar-grade polysilicon products.

Per the Indian government’s recent rules and regulations, it has given a green flag to foreign direct investment for renewable power generation, which is expected to attract investors from all over the world. Top polysilicon manufacturers from 2020 and 2021 have also been profiled in this polysilicon market survey.

Key Segments of Polysilicon Industry Survey

Polysilicon Market by Grade:

• Solar Grade Polysilicon
• Electronics Grade Polysilicon

Polysilicon Market by Region:

• North America Polysilicon Market
• Latin America Polysilicon Market
• Europe Polysilicon Market
• East Asia Polysilicon Market
• South Asia & Pacific Polysilicon Market
• Middle East & Africa (MEA) Polysilicon Market

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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
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Flame proof lightning are also known as Intrinsically Safe and Lights hazard Location Lighting, which are for use in areas where flammable petrochemical pulverized dust and vapors exist or have the potential to exist. Flame proof lightning are energy efficient and work for long hours without start-up problems or producing heat.

Flame Proof Lighting Market Size (2022)	US$ 476.3 Mn
Flame Proof Lighting Market Revenue Forecast (2032)	US$ 1180.4 Mn
Flame Proof Lighting Market Growth Rate (2022-2032)	9.5% CAGR
North America Market Share	27.4%

Flame proof lightning are commonly used in the gas and oil industry where mostly volatile and highly flammable matters are handled. In flame proof lightning, apparatus is enclosed in the cage, and the cage is capable of withstanding any explosion of gas or vapor that may occur inside it and prevent the surrounding from potential fire. The major applications of flame proof lightning are chemical industry, oil field, petrochemical industry, mining industry, off shore oil and gas station, power station, military, police, inspection, rescue relief, etc.

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Flame proof lighting Market: Regional Outlook

Regarding geography, flame proof lighting market has been categorized into five key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Flame proof lighting market is expected to register significant CAGR during the forecast period. Asia-Pacific represents the comparatively high market share and grow with relatively high CAGR in forecast period. North America is experiencing the rapid increase in the production capacity of flame proof lighting as demand for vegetable oil in the region is rising at faster pace. Key factors driving the growth of flame proof lighting market in the region include increasing growth of lightning market, high end-user application in various industries, and technology advancement in lightning.

The flame proof lighting market is projected to register healthy growth due rising usage of flame proof lighting across globe. Flame proof lighting market for Asia Pacific is also expected to witness rapid growth during the forecast period primarily attributed to the growth of LED lightning industry, especially in China and India. Developments in the evolving markets including India, Southeast Asia and Africa will be highly subjective by the volume of project tenders in the market and government policies.

Flame proof lighting Market: Key Players

Some of the key players identified in the flame proof lighting market are:-

• ubbell Ltd
• Larson Electronics
• Nordland Ligthing
• Zhejiang Tormin Electrical Co.,Ltd.
• R. STAHL, Inc.
• PETRO MIDDLE EAST
• Eaton, Brite Strike Technologies SA
• Others

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

Flame proof lighting Market: Segmentation

The Flame proof lighting market is segmented into four parts based on the product type, application type, distribution channels, and geography.
Based on the product type the Flame proof lighting market is segmented into:

• Flame Proof Fluorescent Lighting
• LED Flame Proof Lightning
• Flame Proof Lightning Bulbs
• Flame Proof Lightning Hand Lamps
• Flame Proof Lightning Flash Lights
• Others

Based on the application type the Flame proof lighting market is segmented into:

• Commercial
• Industrial
• Entertainment
• Emergency
• Consumer portable
• Residential
• Others

Based on the type of distribution channels Flame proof lighting market is segmented into:

• Internet Retailing
• Mass Retailers
• Direct Selling
• Others

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.

Table of Content

1. Global Flame Proof Lighting Market – Executive Summary

1.1. Global Market Overview

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. FMI Analysis and Recommendations

2. Global Flame Proof Lighting Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Introduction and Definition

3. Market Background and foundation Data Points

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