Electrical Steel Market Size to be worth US$ 70.5 Billion by 2032

The electrical steel market is expected to grow at an opulent rate of 6.5% CAGR during the forecast period ranging from 2022 to 2032. The global electrical steel market is anticipated to reach a total worth of around US$ 37.5 Billion in 2022 with an estimated valuation to surpass around US$ 70.5 Billion by 2032. While non-grain-oriented electrical steel is likely to occupy a dominant market share. The grain-oriented electrical steel demand is predicted to surge at a robust pace with year-on-year growth at 5.7% CAGR in 2022.

The global growth of the electrical steel market is attributed to the surge in power generating and transmission projects. The demand for electrical steel has witnessed a robust surge and a variety of applications within the end-use industries. According to historic estimations, in 2021, total revenue in the electrical steel market’s energy sector witnessed exponential growth. According to the estimations by FMI, demand increased by 6% between 2021 and 2022, allowing electrical steel markets to rise by more than 5% year on year in 2022.

Initiatives to improve power distribution centers in emerging countries are prominent reasons to fuel the demand for electrical steel. Leading steel manufacturers are working on increasing their production and distribution capacity in a variety of regions. Several corporations are rapidly engaging with regional producers to strengthen their industrial research operations. The automotive industry is one of the vital end-use sectors responsible for the surge in demand for electrical steel.

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Key Takeaways

  • One of the crucial reasons driving market expansion is attributed to the surging demand for electric motors across several residential, commercial, and industrial sectors. Electrical steel is most commonly utilized throughout the production of motors which come with higher magnetic flux and torque, as well as power generators with improved electromagnetic characteristics and low carbon dioxide emissions.
  • In addition to that, the rise in hybrid and electric vehicles is propelling market expansion. Electric steel is a prominent element utilized in-vehicle components to reduce weight while simultaneously improving aesthetics and safety. Attributing to this, demand for the electrical steel market has seen a reasonable surge for long-distance power transmission and infrastructure construction operations with low energy losses is also contributing to market expansion.
  • Several other growth-inducing elements incorporate product developments such as the invention of non-grain-oriented electrical steel with homogenous magnetic characteristics. It identified widespread applications in rotating machinery, electric motors, commercial power generators, and consumer electronics. Numerous other factors are anticipated to expand the market including a reasonable increase in the energy and power industries combined with the implementation of favorable government policies supporting sustainable development.
  • Moreover, the global electric vehicle market is on the rise which is anticipated to stimulate demand for EV materials. China is expected to bolster the growth of the electrical steel market as it is emerging as a highly profitable market for electrical steel manufacturing and export. This is due to increased demand from the country’s industrial and automotive sectors, as well as the adoption of new technologies and increased production capacity.

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Competitive Landscape

Dominant market players in the electrical steel market are pursuing strategic alliances and partnerships with multiple other manufacturers in order to enhance their product manufacturing capacity in order to meet the increasing demand of a rising customer pool.

Novolipetsk Steel, Voestalpine Stahl GmbH, POSCO, Nippon Steel & Sumitomo Metal Corporation, ThyssenKrupp AG, JFE Steel Corporation, Cogent Power, ArcelorMittal SA, Aperam SA, Baosteel Group, AK Steel Holding Corp, Allegheny Technologies, Inc., Phoenix Mecano AG, Leicong Industrial Co., Ltd., Nicore Electrical Manufactory Co., LTD., Steel Authority of India Limited

More Insights into the Electrical Steel Market

In 2021, North America dominated the electrical steel market as it accounts for around 8.0% of the worldwide market. The region is expected to surge due to the growing emphasis on power generation and EV production has elevated the urgency for electric motors and charging stations, which is boosting the market for electrical steel.

As per Future Market Insights estimations, the East Asian market will continue to prevail in its dominance over the global electrical steel market over the projection period. According to the analysis, China would account for more than 52% of the East Asian market by 2032.

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Purified Terephthalic Acid (PTA) Market projected to grow at a CAGR of 5.5% between 2022 and 2032

In 2022, the global purified terephthalic acid (PTA) market is anticipated to be worth US$ 58,248.1 million. Polyester fibres’ rising use due to their ability to blend with various natural and synthetic fibres is expected to drive demand during the projection period. Purified terephthalic acid (PTA) consumption is expected to expand at a 5.5% CAGR between 2022 and 2032, totaling roughly US$ 99,496.2 Million by 2032.

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. 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, 2020-2030. Market players are exploring growth potentials in marine, construction, and transport & wind energy industries.

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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.

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.

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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.

Purified Terephthalic Acid (PTA) Market – Segmentation

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

By Application

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

By End User

  • Textile
  • PET Bottles
  • Packaging

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Polydimethylsiloxane Market is expected to secure US$ 2,644.7 Million in 2032 at a CAGR of 5.6%

The global polydimethylsiloxane market is estimated to reach $2,644.7 million by 2032, increasing at a 5.6% CAGR. In 2022, the market is expected to be worth $1,533.7 million. The demand for complex polydimethylsiloxane systems is being driven by modern medical developments. The demand for cosmetics and personal care items is also propelling the polydimethylsiloxane industry forward. Polydimethylsiloxane makers have increased manufacturing facilities to accommodate the rising demand for self-healing composites from end-use sectors, while also developing new goods in the market.

Polydimethylsiloxane (PDMS) is an inert, nonflammable and nontoxic silicon based organic polymer. Generally it is referred as dimethicone.  Polydimethylsiloxane is optically clear and viscous substance. The properties such as water repellency, low surface tension, low vapor pressure, oxidation resistance, anti-foaming, heat, resistance, heat stability, good dielectric properties and others makes PDMS a very useful substance in various industrial applications.

These diverse set of properties of Polydimethylsiloxane are used in medicines, cosmetics, hydraulic fluids, surfactants, anti-foaming agents, coating, domestic products and others.

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Global Polydimethylsiloxane Market: Drivers and restraints

The chemical and physical properties of PDMS are highly utilized in various application sectors such as cosmetics and medicines. The growing cosmetic sector which is forecasted to be of U.S. $ 265 Bn. by 2017 is a major contributor to the demand ofpolydimethylsiloxane. Industrial growth of developing economies is expected to raise the demand for PDMS for lubrication, hydraulic fluids, as well as for coating techniques.

On the other hand PDMS is a non-bio degradable material hence proper disposal techniques might yield to rise in cost composition.Polydimethylsiloxane is generally considered to be safe when applied on the surface or skin, but some researcher argue about the hazardous effect it might cause when taken into body. Hence it might affect the consumer mindset if not clarified or researched further

Global Polydimethylsiloxane Market: Region-wise Outlook

The main producer of polydimethylsiloxane are USA and China accounting to the major part of the total production by market. The other major producers are from Western Europe especially from Germany, U.K and France. The rapid industrialization in developing economies in Asia and Africa are forecasted to be beneficial to the global polydimethylsiloxane market. Europe is also showing positive demand because

Global Polydimethylsiloxane Market: Key players

Some of the major manufactures of PDMS are Dow Corning Corporation, Wacker Chemie AG, Bluestar Silicones, Hubei Xin Sihai Chemical Co., Momentive, Shin-Etsu Chemical Co. Alfa Aesar GmbH & Co. KG, Sigma Aldrich Corp., Jinan Haohua Industry Co. Ltd., TCI Tokyo Chemical Industry Co., Fisher Scientific International Inc.

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, types and applications.

Regional analysis includes

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

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Global Polydimethylsiloxane Market: Segmentation

On the basis of types, global polydimethylsiloxane market is segmented into:

  • Lower molecular weight polydimethylsiloxane
  • Higher molecular weight polydimethylsiloxane
  • Ultra High molecular weight polydimethylsiloxane

On the basis of application, global polydimethylsiloxane market is segmented into:

  • Lubricants and Greases
  • Surfactants and Antifoaming agents
  • Pharmaceutical and Cosmetic  Industry
  • Food &  Beverages industry
  • Other ( Contact lens ,Silly putty and others)

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Basalt Fibre Market is expected to top a valuation of US$ 661.3 Mn by 2032: FMI

The global basalt fibre market is anticipated to reach a value of US$ 661.3 Mn by the end of 2032. There is a significant rise in demand for basalt fibre from the construction industry as a non-corrosive material and growing awareness about the various advantages of basalt fibre, such as enhanced mechanical, physical, and chemical properties. The adoption of basalt fibre as a sustainable replacement for plastic fibre among various end-use industries is considerably boosting its sales.

The market for basalt fibres has been significantly influenced by certain demographic factors, macro-economic factors, and certain innovation factors, including urbanization, development in the building and construction industry, increasing vehicle production, rising demand for environmentally friendly products, and technological advancements in the automobile and aircraft industry. The construction sector is expected to hold a prominent share of the global basalt fibre market.

Due to new stringent government rules and regulations, the demand for environmentally friendly and easily recyclable fibre and composite products is increasing drastically. Many consumers prefer to use recyclable products that do not harm the environment. Developed countries such as the US, Japan, and Germany are at the forefront of the use of environmentally friendly products rather than petroleum-based products.

These regulations, combined with end-user demand for environmentally friendly products, are encouraging manufacturers to use natural fibre composites, including basalt fiber, in construction and infrastructure, automotive and transportation, electrical and electronics, marine, and other end-use industries.

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Innovations leading to more efficient and cost-effective production technologies of basalt fibres are expected to create new opportunities in the foreseeable future. To increase basalt fibre production capacity, some manufacturers are shifting from complex and inefficient manufacturing processes to Technology 2.0.

“Growing production advancements such as generation 2.0 production technology, 3-D printing, and the introduction of efficient and environmentally friendly products for end-users are expected to create a significant opportunity for basalt fibre manufacturers,” says an FMI analyst.

Key Takeaways:

  • The global market for basalt fibre is projected to witness a CAGR of 6% during the period of 2022 and 2032.
  • Significant growth in end-use industries such as construction, automotive, and aerospace is boosting basalt fibre market demand.
  • China is anticipated to remain one of the prominent countries in the global market for basalt fibre.
  • By product type, the continuous basalt fibre segment is expected to remain one of the fastest growing segments, and is estimated to account for about 1% of the overall market size in 2021.
  • The construction and automotive segments are expected to remain key end-use industries for the consumption of basalt fibre with a combined market share of more than 75% in 2021.

Competitive Landscape

The market for basalt fibre is estimated to be a consolidated market, where key players are expected to account for a significant share of the market.

ASA.TEC GmbH, Basaltex, Technobasalt-Invest, LLC, Sudaglass Fiber Technolog, Galen LLC, Kamenny Vek Basfiber, MAFIC SA, Zhejiang GBF Basalt Fiber Co. Ltd., Sichuan Aerospace, Tuoxin Basalt Industrial Co. Ltd., Togliattiazot, Shanxi Basalt Fiber Technology Co. Ltd., HG GBF Basalt Fiber Co. Ltd., and many others are some of the manufacturers of basalt fibre profiled in the full version of the report.

Key players are focusing on expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market. In order to secure long-term demand, top players are also entering into long-term supply agreements with key end-use industries. For instance, in August 2020, Mafic USA partnered with Materials Group to increase the use of basalt fibre in the automotive industry. The companies are aiming to supply basalt fibre to auto OEMs and their tier one manufacturing suppliers as sustainable products.

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More Insights into the Basalt fibre Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global basalt fibre market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type, application, end use industry, and region.

About FMI – Chemicals and Materials

The Chemicals and Materials division of FMI offers a distinct and pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies serve as referencing market guidelines for chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

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Cement Boards Market is likely to register a CAGR of 5.2% during the forecast period, 2032 – FMI

Cement boards are used as a backing for?tiles. They are water resistant and are typically preferred in areas that are prone to water exposure. Cement boards add strength to various supporting structures. The various instances where cement boards are used include making place for new tiles on existing wood floors, on top of cabinets to create counter tops, and on walls for providing a substrate for the application of plaster. Various types of cement boards such as fiber cement boards, wood wool cement boards, and wood strand cement boards are used in a wide range applications.

The global cement boards market is expected to witness moderate growth in the next few years. The growth of the construction industry, urbanization, and modernization demand highly durable and impact-resistant cement boards. These factors are projected to create favorable scenario for the growth of cement boards market.

Cement Boards Market: Dynamics

Increasing population, job-driven migration, and improving purchasing power in emerging economies is driving rapid urbanization. Such mass urbanization demands construction of new residential, commercial and public infrastructure. Cement boards provide durable structure to buildings and construction projects. Key beneficial properties of cement boards include fire resistance, moisture resistance, impact resistance, and easy to handle and install. These properties make them preferable for various applications such as floors and roofs,?ceilings, exterior and partition walls,?facades, fire resistant furniture, etc. The furniture sector follows the construction industry in terms of the use of cement boards.

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Various types of cement boards such as fiber cement boards, wood wool cement boards, wood strand cement boards, and cement bonded particle boards make them suitable for different climatic conditions, and also for various applications such as permanent shuttering and the insulation of concrete. There are opportunities for growth in the cement board industry, such as the need for durable building products in areas prone to natural disasters. Also, environmental policies regarding reduced hazardous chemicals make cement boards even more preferable than concrete. Cement boards are environment friendly, and low-carbon cement product alternative.

However, the comparatively higher initial costs of cement boards and the fact that they are also bulky in weight can restrain its market growth to some extent.

Cement Boards: Market Participants

Some of the leading players in the cement boards market include James Hardie, Etex Group, Cembrit, Elementia, Everest Industries, Mahaphant, Saint Gobain, SCG Building Materials, Soben Board, PENNY PANEL, Hume Cemboard Industries, Soben International Ltd, and Sanle Building Materials Group, among others.

These market players focus on innovation in production technologies to improve their efficiency and expand their sales in the global market by investing in new distribution channels. Market players partner with various solution providers to launch new products in the market. For instance, James Hardie Building Products Company partnered with a homebuilder company, Colorado-based Century Communities, in October 2018.

Cement Boards Market: Regional Overview

Increasing population, presence of several fast growing economies, and urbanization is leading to the growth of the building & construction industry in Asia Pacific. Due to the healthy growing rate of the construction industry, Asia Pacific is estimated to witness significant growth in the cement boards market. High investments being made in residential and commercial construction in countries such as China, Japan, Taiwan, India, and Malaysia are leading to the growth of the cement boards market. Also, environmental policies such as regulations related to the emission of volatile organic compounds are being implemented in this region, and can drive the usage of cement board types, such as fiber cement boards and cement bonded particle boards.

The construction industry in the Middle East and Africa is expected to witness significant growth in the next few years. Due to the growth of the construction industry, the cement boards market in this region is expected to witness significant growth. The residential sector in North America and commercial sector in Europe primarily drive the cement boards markets in these regions.

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

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Cement Boards Market: Segmentation 

Depending upon the construction type, the cements boards market can be segmented as:

  • Commercial Buildings
  • Residential Buildings
  • Others

Based on type, the cement boards market can be segmented as:

  • Fiber Cement Boards
  • Cement Bonded Particle Boards
  • Wood Wool Cement Boards
  • Wood Strand Cement Boards

Depending upon application, the cement boards market can be segmented as:

  • Fire Resistant Construction
  • Flooring Applications
  • External Siding
  • Permanent Shuttering
  • Thermal Insulation
  • Partition Walls
  • Others

Report Highlights: 

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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Organic Dispersants Market forecast to grow at a CAGR of 5.2% to be valued at US$ 8.8 Billion from 2022 to 2032 – FMI

Organic Dispersants market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Organic Dispersants market.

Organic Dispersants: Introduction

A solid material dispersed in a liquid requires an additive to promote and stabilize the dispersion process. The primary utility of Organic Dispersants is to provide support in suspension for individual ceramic particles. Organic Dispersants are often used to reduce the omnipresent van der Waals forces amongst suspended ceramic particles so as to achieve high solids with rational flow behaviour. In the adsorbed state, Organic Dispersants act as stabilizers which avoid particle aggregation as charged polyelectrolytes. Proper selection of Organic Dispersants is important as it demands dispersants-ceramic surface and dispersants-solvent interactions to be addressed. Organic Dispersants require to adsorb strongly on the surfaces of the ceramic particles while at the same time forming an extended layer that prevents attractive interaction between the particles in order to execute the process. The material properties of Organic Dispersants is expected to drive the market forward over the forecast period.

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Organic Dispersants: Market Dynamics

The driving factors of the Organic Dispersants market is attributed to the rapidly growing construction, paints & coatings and oil & gas industry. Paints and coatings constitute a vital part of infrastructure. Pigments are one of the most important ingredients used in the production of paints and coatings. With the use of Organic Dispersants, the pigments are distributed and balanced in the formulation.

It is important to use appropriate Organic Dispersants to achieve good stability and color properties in waterborne paint systems. The combination of polyelectrolyte Dispersants and conventional non-ionic surfactants can achieve repulsive and steric hindrance effects. With new high-molecular weight Dispersants, improved stability and behaviour can be achieved. This ultimately advances the Organic Dispersants market.

Fluctuations in availability of raw material and their price variations coupled with lack of industry innovations in few of the underdeveloped regions hinder the rise of the Organic Dispersants market. Government protocols related to environment safety may result as a barrier when it comes to overdose in use of lethal chemicals in the end use industries. This would result in a decline of the Organic Dispersants market.

A shifting trend from solvent-based systems to water-based systems has helped in eliminating atmospheric emissions of Volatile Organic Compounds, thus gaining popularity in the Organic Dispersants market. Organic Dispersants are used to promote and secure fluid particle suspension which in turn help in improving the workability of liquids. There is a growing demand for Organic Dispersants from both existing and emerging end-user industries owing to these properties.

Ongoing opportunistic avenues for Organic Dispersants belong to developing end-user industries and infrastructure modernization. Certain key factors driving the global market for Organic Dispersants are the increasing developments in the infrastructure sector, the construction industry and booming demand from the oil & gas industry.

Organic Dispersants: Regional Overview

Asia-Pacific amongst all regions is anticipated to hold a paramount share in the global Organic Dispersants market. This development over the stipulated period has resulted from increased demand for energy, infrastructure, and automobiles which indirectly promotes the growth of Organic Dispersants especially in emerging economies such as India and China.

Europe follows Asia Pacific in terms of growth in the global Organic Dispersants market. A dominant portion of the decorative paint industry in Europe is made up of water-based paints and coatings. This in turn propels the Organic Dispersants market in aqueous systems which are necessary to stabilize high loads of titanium dioxide and fillers such as calcium carbonate in this area.

North America is projected to hold a significant market share owing to booming real estate. It is anticipated that this rise in the housing sector would create a robust market in North America for Organic Dispersants, both in USA and Canada.

Western Europe expected to witness a surge in the Organic Dispersants market adhering to the growing automotive fleet on road for countries such as Germany, Spain, and Italy.

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Organic Dispersants: Market Participants

Some of the global market participants of the Organic Dispersants market are:

  • Clariant AG
  • Harmony Additive Pvt. Ltd
  • BASF SE
  • Arkema Group
  • Ashland Inc.
  • Evonik Industries
  • The Lubrizol Corporation
  • The Dow Chemical Company
  • Air Products & Chemicals Inc
  • Altana AG
  • Ashland Inc
  • Cera – Chem Pvt Ltd

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, product type, application area, and form.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Organic Dispersants: Market Segmentation

Based on type, Organic Dispersants can be segmented into:

  • Oligomer
  • Polymer or polyelectrolyte

Based on end use, Organic Dispersants can be segmented into:

  • Construction
  • Pulp & Paper
  • Oil & Gas
  • Agricultural
  • Detergents
  • Pharmaceutical
  • Other end-user industries

Based on application areas, Organic Dispersants can be segmented into:

  • Decorative Market
  • Industrial Market
  • Can and Coil Coatings
  • Industrial maintenance
  • Furniture and Flooring
  • Marine Coatings
  • Automotive OEM Market
  • Printing and Packaging Market

Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments for Organic Dispersants Market
  • Competitive landscape for Organic Dispersants Market
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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Sodium Dichloroisocyanurate Market to reach a valuation of US$ 1.4 Bn by 2032

Sodium Dichloroisocyanurate Market: Introduction

Globally, diarrhea causes around 1.8 million deaths each year because of consumption of contaminated drinking water and the reason behind that is lack of proper water infrastructure and purification systems. The solution of this problem would be the provision of piped and treated water, but the lack of sufficient resources and insufficient technology, accomplishment of this objective remains a difficult target. For this reason, several household water treatment technologies have been developed in which one of them is sodium dichloroisocyanurate. The chemical compound Sodium dichloroisocyanurate is marketed in the form of tablets and powder across the globe.

Sodium dichloroisocyanurate is a sodium salt of a chlorinated hydroxytriazine which belongs to the family of chlorinating agents. The physical appearance of sodium dichloroisocyanurate is in the form of a colorless, water-soluble solid. Sodium dichloroisocyanurate is used as a source of free accessible chlorine atoms in the form of hypochlorous acid. Sodium dichloroisocyanurate is widely used as cleansing agent and disinfectant in the numerous end-use industries such as water and wastewater treatment and food among others. As a disinfectant, sodium dichloroisocyanurate is used to sanitize drinking water, tableware and air, swimming pools, and to eliminate the infectious diseases

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Sodium Dichloroisocyanurate Market: Dynamics

Sodium Dichloroisocyanurate Market Drivers:

  • Growing Demand of Sodium Dichloroisocyanurate for Water Treatment Application:-
    • Sodium Dichloroisocyanurate is widely used as an agent for environmental sterilization and disinfection in water treatment application such as drinking water disinfection, swimming pool, and household point-of-use water, among others. Rising demand for chlorinating agents in the water treatment industry is projected to significantly drive the global sodium dichloroisocyanurate market in the upcoming years. According to the study of “The American Journal of Tropical Medicine and Hygieneon” sodium dichloroisocyanurate decreases individual diarrhea rates and improve microbiological drinking water quality.
  • Multitudinous application of sodium dichloroisocyanurate is expected to contribute significantly in Market Growth
    • The chemical substance sodium dichloroisocyanurate is also used in the biocide for veterinary hygiene, food and animals feed, and controlling slimes among others. The growing demand for sodium dichloroisocyanurate in biocides are also expected to pushing the market growth in the upcoming years. Among all such application, sodium dichloroisocyanurate application in the leather treatment products, textile treatment, adhesives and sealants, and coatings are also expected to attributing in the market growth during the forecast period.

Sodium Dichloroisocyanurate Market Restraints:

  • Stringent Standards and Presence of alternative:
    • Stringent regulation and standards regarding toxicity such as any residue of integral sodium dichloroisocyanurate would be rapidly converted to cyanuric acid on interaction with saliva. Moreover, presence of alternative in the form of sodium hypochlorite is expected to hamper the market growth in the upcoming years.
  • Sodium Dichloroisocyanurate Market Opportunity:
    • Growing water and wastewater treatment industry:
      • Globally, high traction of the water and wastewater treatment industry are expected to create a significant growth and expansion opportunity for the sodium dichloroisocyanurate manufacturers in the upcoming years

Sodium Dichloroisocyanurate Market: Market participants

Some of the key market participants involved in the Sodium Dichloroisocyanurate market are as follows:

  • Zeel Products
  • Innova Corporate
  • Henan GP Chemicals Co., Ltd.
  • Haihang Industry Co., Ltd.
  • Taian Huatian Chemical Co.,Ltd.
  • Heze Huayi Chemical Co., Ltd.
  • Filtron Envirotech
  • Hood Chemical Co.,Ltd.
  • Jingwei Disinfection Products
  • Occidental Petroleum Corporation
  • Come on Chemical
  • Acuro Organics Limited

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 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 factors on market segments and geographies. 
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Sodium Dichloroisocyanurate Market: Segmentation 

Global Sodium Dichloroisocyanurate market can be segmented on the basis of form, product type, application, end-use industry, and region.

On the basis of form, the Sodium Dichloroisocyanurate market is segmented into:

  • Tablet
  • Granular
  • Powder

On the basis of product type, the Sodium Dichloroisocyanurate market is segmented into:

  • Anhydrous
  • Dehydrate

On the basis of application, the Sodium Dichloroisocyanurate market is segmented into:

  • Cleansing Agent
  • Disinfectants
  • Biocide
  • Industrial Deodorant
  • Others

On the basis of end-use industry, the Sodium Dichloroisocyanurate market is segmented into:

  • Water and Wastewater Treatment
  • Sports and Recreation
  • Food
  • Textile
  • Agriculture
  • Cosmetics and Personal Care
  • Others

Report highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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Copper Azoles Market anticipated to reach a share of US$ 44.7 Bn in 2032

FMI provides a new study to elucidate the potential growth parameters of the Copper Azoles market. On the back of prevailing trends FMI presents a positive growth outlook. In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Copper Azoles.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Copper Azoles market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Copper Azoles market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Copper Azoles in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Copper Azoles market.

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In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Copper Azoles market is expected to witness in the upcoming decade.

Impact of COVID-19 on Copper Azoles Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Copper Azoles market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Copper Azoles Market Report

  • How will the Copper Azoles market expand through 2032?
  • Which region is the most lucrative in the Copper Azoles market?
  • What are the recent technological developments in the Copper Azoles market?
  • What are key challenges and competition threats faced by Copper Azoles market players?
  • Who are prominent players leading the Copper Azoles market?

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Copper Azoles Market: Key Segmentation

Product type, application, end use, region

Copper Azoles Market: Competitive Evaluation

The FMI’s Copper Azoles market report provides a comprehensive analysis on key players operating in the Copper Azoles market. Some of the key players are: Koppers, LONZA, Aljoma Lumber, and Acuro Organics Limited among others.

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Copper Azoles market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Copper Azoles market

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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Stannic Chloride Market Comprehensive Research Study and Strong Growth in Future 2029 – FMI

Stannic chloride is one of tin chemical, is colorless compound and having a pungent odor. If stannic chloride comes in a humid environment, it will form basic chloride compounds, solid and semi-solid hydrates, and also it releases vapors of hydrogen chloride. Stannic chloride is available in solid as well as liquid forms.

The consumption pattern of stannic chloride is depend upon the purity level of the product. Primarily applications of stannic chloride are in –  toughen glasses, electronics, tinplate’s, float glasses, brass & bronze, and among others. Furthermore, it finds a wide range of applications in end-use industries such as – polymer, agriculture, pharmaceuticals, chemicals, electrical & electronics, and among others.

Global Stannic Chloride Market: Market Dynamics

Stannic Chloride is expected to gain significant demand from polymers with the burgeoning demand of plastic products across several end use industries. Furthermore, the robust growing electrical & electronic industries as well as consumer goods and industrial batteries are estimated to drive the global stannic chloride market.

The tin industry is projected to grow with a healthy growth rate from the past few years, due to the huge demand for tin chemicals from its end-use industries. As, tin based compounds has a huge demand for lithium-ion batteries for electric vehicles and energy storage solutions. At a global level, in term of application, stannic chloride is utilized in agriculture, chemical, pharmaceutical industries.

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These industries are growing at a significant growth rate and will positively be impacting on the global stannic chloride market. Furthermore, growth in urban population coupled with the rapid industrialization is anticipated to fuel the demand for stannic chloride over the forecast period.

Nowadays, the whole world highly depends on the stored energy sources, the usage of these resources has been increasing swiftly in the global market and hence the impact of this factor is moderately high on the consumption of tin chemicals such as – stannic chloride. On other hands, a considerable threat from substitutes such as – silver nitrate, may act as restraining agent to the growth of stannic chloride market.

Global Stannic Chloride Market: Regional Outlook

Geographically, the global stannic chloride market depends upon the industrial infrastructure of a particular region. South East Asia Pacific has a massive industrial infrastructure and projected to grow with a significant growth rate in the next few years. In South East Asia Pacific region, China, India, and ASEAN countries especially Indonesia are expected to be major consumers for stannic chloride, as they have a high demand for tin chemicals from various end-use sectors.

North America is anticipated to dominance in the global rigid PVC market, as polyvinyl chloride is major end-use of stannic chloride.

As a result, the demand for stannic chloride in North America region is upsurge. Furthermore, Europe is holding 1st rank in term of plastic production, in turn, Europe is estimated to be a significant platform for the stannic chloride market by the end of 2029.

Global Stannic chloride Market: Industry Participants

Few key manufacturers of stannic chloride market are identified across the value chain of the global market which is – Gulbrandsen, Mason Corporation, Merck & Co., Inc., Hefei TNJ Chemical Industry Co., Ltd., BOC Sciences, Acadechem, Rektol GmbH & Co.KG, American Elements, and among others.

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The global stannic chloride research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global stannic chloride market also contains projections using a suitable set of assumptions and methodologies.

The research report on global stannic chloride market provides analysis and information according to market segments such as geographies, application, and industry.

The global stannic chloride market 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 of the battery additives. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with stannic chloride market attractiveness as per segments. The global stannic chloride market report also maps the qualitative impact of various market factors on market segments and geographies.

Global Stannic chloride Market: Market Segmentation

The global stannic chloride market can be segmented on the basis of product form, purity, applications, end-uses and regions.

Based on product form, the global stannic chloride market can be segmented as mentioned below:

  • Liquid
  • Solid

Based on the purity of product, the global stannic chloride market can be segmented as mentioned below:

  • 99%
  • Others

Based on the applications, the global stannic chloride market can be segmented as mentioned below:

  • Electronics
  • Tinplate
  • Float Glass
  • Brass & Bronze
  • Others

Based on the end-use industry, the global stannic chloride market can be segmented as mentioned below:

  • Polymers
  • Agriculture
  • Pharmaceuticals
  • Electrical & Electronics
  • Chemical
  • Other Industrial

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.
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T: +1-845-579-5705
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Ceramic Additives Market is likely to cross US$ 1.2 Bn by the end of 2032

Whether it is conventional or advanced ceramics, adding a certain amount of additives to the process has become an indispensable step to improve ceramic properties such as water soaking, flame resistance, ant-slip, and resistance to mechanical / physical pressure. With the development of the ceramic industry, ceramic additives are also constantly improving, mainly in three aspects: its application range covers broader area of ceramic production, more complex and competent functional area, and competency with improving technology.

There are several kinds of additives, which can be divided into organic and inorganic additives; according to the components and their functions. In recent years, there has been significant growth in ceramics production is witnessed in developing countries owing to the substantial increase in the output of ceramic products coupled with growth of construction industry. At the same time, the global ceramic market has shown the diversified and personalized characteristics of the market.

As, Europe and American countries pay more attention to the color, shape, safety and environmental protection of ceramic products whereas Asia Pacific’ countries are focused on the color, cultural connotation and aesthetics of ceramic products. Thus, based on the differences in cultural backgrounds, living standards, and artistic aesthetics preferences in different countries and regions, it is difficult for a single ceramic variety in the market to meet the needs of different regions. Thus, to cater this demand, manufacturer are using several Ceramic Additives that imparts additional properties in the ceramic products that further help to seek the attention of customers toward it.

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Global Ceramic Additives Market: Dynamics

Growing housing sector in the developing countries such as India, China, and ASEAN countries is a prime factor that drive the ceramic products market. With this increasing demand for the ceramics products, demand for ceramic additives is expected increase to comply with the industry requirements. With the changing consumer preferences and diversified demand for ceramics products that lead to drive the demand for the Ceramic Additives market. Along with this, advancement in the

In Ceramics Industry, several manufacturers are focusing on development of production technology and adopting new & energy-saving process, and improvement of properties of ceramics products. To achieve this, the manufacturer are focusing on use of several ceramic additives to increases productivity, improves product quality, and reduces energy consumption & costs. Apart from this, regulation levied by the European Union under EU Directive 2005/31/EC and US Food and Drug Administration (FDA) regulates wherein limit on the usages of certain chemicals will hamper the growth of ceramic additives market

Global Ceramic Additives Market: Regional Outlook

In terms of production and consumption, China, alone accounts for the lion’s share of the Ceramic Additives market. This is mainly attributed to significant growth of the construction sector, especially in the housing and commercial sectors. Along with this, abundant availability raw materials, low cost of production and lenient regulation on ceramics are few factors that provides impetus for the growth of ceramic additives market. Moreover, increasing production capacity of the ceramics coupled with the substantial growth of the chemicals industry in china are expected to stimulate the growth of ceramic additives market over the forecast period.

After china, India is prominent market for the Ceramic additives owing to significant growth of the construction sector. Rising investment in the housing sector coupled with growth of commercial sectors in India will lead to drive the demand for Ceramic Additives market. Moreover, North America and Europe ceramic additives market is expected to register steady growth over the forecast period

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Global Ceramic Additives Market: Key Players

Some of the key players identified across the global ceramic additives market value chain are listed below;

  • BASF SE
  • DowDupont Inc.
  • Sanyo Chemical Industries, Ltd
  • Yahska Polymers Private Limited
  • Wöllner GmbH & Co. KG
  • Bentonite Performance Minerals, LLC
  • Lamberti SpA
  • Cerdec Corporation, among other Ceramic Additives manufacturers

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

Global Ceramic Additives Market: Segment

On the basis of the additive types, global ceramic additive market is bifurcated into;

  • Dispersant
  • Binder
  • Lubricant
  • Enhancer
  • Grinding Aid
  • Water Reducing Agent
  • Others (Defoamer, Sintering aid, Toughener, Modifier, etc.)

On the basis of the end use, global ceramic additive market is bifurcated into;

  • Tiles
  • Sanitary ware
  • Tableware
  • Technical Ceramics

Ceramic Additives Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the Ceramic Additives market
  • In-depth Ceramic Additives market segmentation
  • Historical, current, and projected Ceramic Additives market size in terms of volume and value
  • Recent Ceramic Additives industry trends and developments
  • Competitive landscape of Ceramic Additives market
  • Strategies of key players and products offered
  • Market potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Ceramic Additives market performance
  • Must-have information for market players to sustain and enhance their Ceramic Additives market footprint

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