Expandable Polystyrene Market 2022 – Future Plans and Industry Growth with Quantitative and Qualitative Analysis

Expandable polystyrene (EPS) is a thermoplastic resin that contains an expanding agent. It is used in various applications ranging from food packaging to electrical coatings and medical supplies. It is environment-friendly as it does not involve any halogen during its production process.

The global expandable polystyrene market is growing at an exponential rate as it caters to the demand of various industry verticals through sustainable development. Expandable polystyrene has an added advantage over moulded pulp. Moulded pulp, though recyclable, requires a certain amount of natural gas in the drying process, and it naturally weighs more, resulting into increased packaging and transportation cost.

On the other hand, EPS meets most of the sustainable packaging criteria. It emits less greenhouse gases when compared to moulded pulp.

Taking these benefits into account, governments as well as companies are shifting the packaging market towards the expandable polystyrene segment. The global expandable polystyrene market had witnessed 1.5X times growth in between 2000 and 2010.

Building & construction, and packaging are the two important end-use segment market for expandable polystyrene. Together, they contribute 95% market share of the global expandable polystyrene market. The rise in the demand for processed foods is increasing the expandable polystyrene demands in the food & beverages industry.

In terms of revenue, this industry accounts for the largest market share in the global expandable polystyrene market. The next potential segment is building & construction. With major market economies such as China, India and GCC witnessing a major surge in infrastructure investment, the expandable polystyrene market is set to grow at an accelerated pace.

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Expandable polystyrene has been the prime choice for the construction of green buildings. It enhances the durability of buildings, and finds its application in insulating closed cavity walls and floor insulation. These major economies will see a surge in infrastructure investment in the coming decades. It is because of this added advantage that market is set to proliferate at an exponential rate. Another profitable segment is the electronics domain.

Capacitors and electronic components are the main portions of electronics application segment that will push the expandable polystyrene market vertically upward at a CAGR of 4.5% between 2014 and 2020. Refrigerators, microwaves, electrical coatings are the major application for EPS in the electronics segment.

Geographically, the APAC market stands to be the global leader in production and consumption in the EPS market. Almost half of the total global production happens in the APAC region, and 45% of it is consumed in global emerging economies such as India and China. In the APAC region, China will be the most preferred destination primarily due to the rising demand of packaging in the food & beverages, and electronics industry.

China and India are the global leaders in maritime trade. This will boost the packaging industry. China alone accounts for 37% of the global EPS market in terms of volume. As China has a strong hold in the electronics segment and is a major exporter of electronic devices, the EPS market is set to flourish in China.

India, along with Malaysia and Philippines, will be the next major market for EPS primarily due to heavy infrastructure investment across various industry verticals. Europe followed by Latin America and North America are the other potential markets for EPS.

North America has reached its saturation point in global EPS market and therefore its market growth will be stagnant in coming few years. While Europe will witness a surge in the market due to the rising demand of pharmaceutical industries, Latin America will be a preferred destination mainly due to infrastructure investment.

BASF SE, Nova Chemicals Corporation, Synthos S.A, Owens Corning, and INEOS Styrenics are some of the leading manufacturers of EPS.

The global EPS market is set to grow at a moderate CAGR in the coming years. China, Europe, Brazil and India will be the major preferred destinations for the EPS market. Low weight, durability, moisture resistance, thermal efficiency, shock absorption, versatility and ease of use are some characteristics of EPS which are tempting various industry verticals to shift base to EPS.

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Though the EPS market is promising, major restraining factors are the availability of high performance substitutes including polypropylene and polyethylene.

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 categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on

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

Regional analysis includes

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & 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 an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

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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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Non-Halogenated Flame Retardants Market to Hit US$ 6.9111 Billion by 2032: Says FMI

FMI study offers a 10-year forecast for the ‘global non-halogenated flame retardant (NHFR) market‘ from 2022 to 2032. In terms of value, the market is expected to expand at a CAGR of 6.2% during the projected period (2022 to 2032). The study provides in-depth insights about the market dynamics and trends across the globe that are expected to influence the current status and future prospects of the non-halogenated flame retardant (NHFR) market over the forecast period.

Attributes Key Statistics
Global Non-Halogenated Flame Retardants Market Estimated Size (2022E) US$ 3,787.1 Mn
Projected Market Valuation (2032F) US$ 6,911.1 Mn
Value-based CAGR (2022-2032) 6.2%
Collective Value Share: Top 3 Countries (2022E) 41.3%

The primary objective of the report is to offer updates on the developments in the global NHFR market and provide quantitative as well as qualitative assessment of the market across various product types, applications, end-use industries and regional market segments.

NHFR are flame retardant compounds that do not contain any halogen and thus, are more environment friendly than their halogenated counterparts. These compounds find application in plastics, rubber, and textiles materials; among these, NHFR finds largest application in plastics.

To understand and assess the market opportunities and trends, the report is categorically split into sections such as market overview, analysis by product type, analysis by application, analysis by end-use industry and analysis by region. The report also provides a competition landscape to offer insights about major players in the market.

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The report starts with the market overview and provides market definition and analysis about the drivers (demand side and supply side), restraints and key trends in the market. The following section includes market analysis on the basis of product type, followed by end-use industry, application and regions.

All the above sections evaluate the market on the basis of various segments, covering present scenarios and future prospects. The report considers 2014 as base year, with market numbers estimated for 2015. The market has been forecast from 2015 onwards.

To calculate the market size, the report considers average price of NHFR across geographies on a regional basis. Data points such as regional split and market split, by product type, end-use industry and application, and qualitative inputs from primary respondents have been also been incorporated to arrive at apt market estimates. The forecast presented here assesses total revenue as well as volume of NHFR market. When developing the market forecast, the starting point involves sizing the current market, which forms the basis for the forecast of how the market would take shape in the near future. Given the characteristics of the market, we triangulated the outcome on the basis of various analysis considering the supply side, demand side and dynamics of the parent market. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities in the non-halogenated flame retardant market.

As previously highlighted, the market for NHFR is split into various sub-categories on the basis of region, product type, end-use industry and application. These segments or categories have been analysed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identification of various key trends in the non-halogenated flame retardant market.

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Another key feature of this report is the analysis of NHFR market by region, application, end-use industry and product type, and their revenue forecast in terms of absolute $ opportunity. This is usually overlooked while forecasting the market. However, absolute $ opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global NHFR market.

In the final section of the report, the NHFR market landscape is included, in order to provide report audiences with a dashboard view, companies’ presence in NHFR product portfolio and key differentiators. Some of the market players featured in the section are as follows:

  • Clariant International Limited
  • Albemarle Corporation
  • Israel Chemical Limited
  • Italmatch Chemicals S.p.A
  • Chemtura Corporation
  • Nabaltec AG
  • FRX Polymer Inc
  • Huber Engineered Material
  • Amfine Chemical Corporation
  • THOR Group Ltd.

Non-Halogenated Flame Retardants Market Outlook By Category

By Product Type:

  • Metal Oxide Based
  • Phosphorous Based
  • Nitrogen Based
  • Others

By End-Use Industry:

  • Electrical and Electronics
  • Construction
  • Automotive & Transportation
  • Others

By Application:

  • PO
  • Epoxy
  • UPE
  • Rubber
  • PVC
  • PU
  • Styrenics
  • ETP
  • Others

By Region:

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

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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 Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Application Mapping

2.4. Grade and Application Heat Mapping

3. Key Market Trends

to be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
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T: +1-845-579-5705
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Low Density Polyethylene (LDPE) Market to Reach US$ 58.7822 Billion, Globally, by 2029 at 4.5% CAGR: Future Market Insights

The global low density polyethylene market is likely to be valued at ~US$ 38,183.7 Mn in 2019 and is projected to increase at a CAGR of ~5% during the projected period of 2022-2029. Future Market Insights (FMI) recently published a revised market research report on the low density polyethylene (LDPE) that analyzes the low density polyethylene market and provides critical insights for the forecast period of 2022-2029.

As per the key findings of the report, the low density polyethylene market is expected to witness considerable growth in the coming years due to the steady increase in the adoption of low density polyethylene in various automotive applications such as electrical components, upholstery, liquid reservoirs, etc.

Besides, stringent government regulations regarding reducing vehicular emissions are forcing manufacturers to shift towards lightweight plastics for various applications. With the automotive industry expanding at a high growth rate, more demand for low density polyethylene is expected in the future.

High Demand for LDPE from Construction and Retail Industries

High usage of low density polyethylene is seen in the construction industry. With new construction projects coming up everywhere, the market demand for basic household products is also expected to rise. Most of these products are made by processing low density polyethylene (LDPE) through injection and extrusion moulding, e.g., pipes, trays, general purpose containers, toys and various bathroom, and kitchen products. Moreover, in the retail industry, more focus is on the packaging of products.

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In 2014, total global retail sales were valued at ~US$ 20 Trn, which are expected to reach ~US$ 30.0 Trn – US$ 30.5 Trn by 2020 at a CAGR of ~ 6%. Low density polyethylene finds application in packaging and protective packaging of innumerable products sold in retail outlets. This, in turn, adds value to the global low density polyethylene market. Also, due to the rise in e-commerce, more people are buying products online. In 2014, the global e-commerce retail market was valued at ~US$ 1.5 Trn, which is expected to reach US$ 2.9-3.0 Trn by 2020.

In online business, safe delivery of commodities to customers is a critical concern for sellers. More attention is given on packaging of products bought through e-commerce or online sources, as compared to products sold through other channels. This factor is further driving the demand for low density polyethylene worldwide.

Low Density Polyethylene (LDPE) Market Key Segment

By Technology

Autoclave
Tubular

By Application

Film & Sheets
Extrusion Coating
Injection Moulding
Others

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa (MEA)

Manufacturers Focus on Improved Quality of LDPE Grade and Lowered Production Costs

The global low density polyethylene market is considered to be a significantly consolidated one.The report highlights some of the prominent market players, who have established themselves as leaders in the global low density polyethylene LDPE market. Such market participants are focusing on expansion of business through mergers, acquisitions, and joint ventures. A few examples of key players in theglobal low density polyethylene market are LyondellBasell Industries N.V, The Dow Chemical Company, ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Qatar Petrochemical Company Q.S.C, BASF-YPC Company Limited, LG Chem Ltd., DuPont de Nemours, Inc., Braskem S.A., and Formosa Plastics Corporation, among others.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1.5. Assumptions and Acronyms Used

1.6. Research Methodology

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition

3. Market Background

3.1. Macro-Economic Factors

3.2. Forecast Factors – Relevance & Impact

3.3. Value Chain

3.4. Market Dynamics

4. Global Low Density Polyethylene Market Demand Analysis 2014-2021 and Forecast, 2022-2029

5. Global Low Density Polyethylene Market Demand (in Value or Size in US$ Mn) Analysis 2014-2021 and Forecast, 2022-2029

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/low-density-polyethylene-market
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Biostimulants Market size is anticipated to reach US$ 6,383.6 Mn by 2029

The consumption of biostimulants is rapidly gaining pace across all agrarian countries around the world as a preferred crop growth enhancer that is free from any synthetic ingredients and objectionable side effects. The product has been provided on a high commercial scale by tier-1 global scale market players as well as regional and domestic enterprises. The growth of organic-based farm products has also envisaged the use of biostimulants to a healthy extent. The global biostimulants market was valued at US$ 2.3 Bn in 2019, and is projected to exhibit a CAGR of 11% over the forecast period (2022-2029).

Biostimulants Market Value (2021A) US$ 2,773.8 Mn
Biostimulants Market Estimation (2022E) US$ 3,078.9 Mn
Biostimulants Market Forecast (2029F) US$ 6,383.6 Mn
Value CAGR (2022-2029) 11.0%
Collective Value Share: Top 3 Countries (2022E) 36.0%

Acid-based active ingredients enhance crop efficiency, and are widely available. By 2029, the usage of acid-based active ingredients for crop protection will value over US$ 3 Bn. However, they are likely to lose their grip in market revenue in due course of time. Driven by consistent product innovations, novel categories of active ingredients for microbial growth amendment and minerals tracing in plants are likely to gain traction among end users.

“With growing preference of bio-based ingredients in agrochemicals and crop growth additives, as well as increasing agricultural and horticultural produce around the globe, the biostimulants market offers lucrative business opportunities to concerned market participants and interested stakeholders in the coming years.”

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Biostimulants Market: Competitive Landscape

The biostimulants market is highly competitive with a rich palette of global and regional players. Global players such as Valagro SPA, Koppert B.V., Syngenta, BASF SE, UPL Corporation Limited, Novozymes, Isagro SPA, and FMC Corporation have invested strategically in the biostimulants market, and have launched basic and premium grades at different pricing levels to increase their earnings and profit margins. This 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 supply and distribution footprint via all possible trade channels, remains the key strategy for manufacturers to enhance business growth and capture new market opportunities.

Key Takeaways from Global Biostimulants Market Study

  • The acid-based active ingredient type of biostimulants is commonly used by a majority of agricultural professionals for row crops as well as for other types. However, in wake of continued product innovations, newer types for microbial growth amendment, minerals tracing, etc., are more likely to be sought by end users.
  • Horticulture-base crop produce to foresee a boost in consumption of biostimulants, as these crops are more prone towards microbial reactions. The development of diverse varieties/ grades of fruits and vegetables has involved a significant use of biostimulants
  • Product differentiation has been followed by leading manufacturers. This involves product branding and marketing, which was otherwise clubbed into the conventional category of crop fertilizers in earlier times, and resulted in low traction of biostimulant sales.
  • Europe has been an early adopter of biostimulants, owing to product development and compliance of eco-friendly initiatives as proposed by HSE (Health, Safety and Environment) management bodies. Over the due course of time, the region has emerged as the leading consumer of biostimulants, and will account for half of global sales in 2019.
  • However, with emerging markets such as India and China, the paradigm shift of growth is expected to be concentrated over East Asia over the forecast period.

South East Asia to Offer Lucrative Growth Opportunities

South East Asia is anticipated to hold a prominent share of the global biostimulants market, owing to the high per acre agricultural production rate as compared to other regions. Another key factor driving the growth of the biostimulants market in East Asia is the decrease of natural soil fertility due to environmental amendments, which has compelled agricultural professionals to infuse biostimulants in crop produce by themselves.

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Biostimulants Market by Category

By Active Ingredient :

  • Acid-Based
  • Extract-Based
  • Others (Including Microbial Amendment, Trace Minerals, etc.)

By Crop Type :

  • Row Crops
  • Fruits & Vegetables
  • Turfs & Ornamentals
  • Other Crop Types

By Application :

  • Foliar
  • Soil
  • Seed

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. 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

4. Key Success Factors

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/biostimulants-market
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Fluoropolymers Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022-2031

Future Market Insights delivers key insights on the worldwide fluoropolymers marketplace in its contemporary document titled ‘Fluoropolymers market: international enterprise analysis and opportunity assessment (2031).’ The lengthy-time period outlook on the worldwide fluoropolymers market stays tremendous, with market price expected to increase at a CAGR of five.1% at some stage in the forecast duration.

The industrial & gadget segment is expected to remain a key give up-use segment, accounting for over one-fourth of the full shares within the global market for the duration of the forecast duration. International sales of fluoropolymers is expected to be worth over US$ 8 Bn by using the give up of 2017.

APEJ is expected to account for a first-rate value share inside the international fluoropolymers market with the aid of 2017 quit and is anticipated to retain its dominance all through the forecast duration. In this document, future market Insights throws light on the drivers and restraints in all likelihood to effect the marketplace in the course of the forecast period.

In line with FMI reports, manufacturing centers are going through extensive challenges to operations. Some of quit use verticals have temporarily suspended operations, either thanks to a sharp drop in demand, or due to government regulations. Those tendencies will hurt prospects of the fluoropolymers marketplace within the quick term.

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“Fluoropolymers are largely used to improve physical and chemical characteristics of coatings in industrial, construction, and household applications. The characteristics of fluoropolymers resins drive applications in production of novel friction reduction materials with thermal and chemical resistance, which will bolster market growth,” says the FMI analyst.

Fluoropolymers Market – Important Takeaways

  • Polytetrafluoroethylene is a highly sought-after fluoropolymer, supported by superior chemical stability and resistance to wear and tear.
  • Industrial sector applications account for major revenue owing to use in filtration membrane, flue gas, and pharma processing equipment.
  • Asia Pacific is a dominant fluoropolymers market owing to substantial demand for fluoropolymers in electronics, automotive, and construction sectors in the region.

Fluoropolymers Market – Driving Factors

  • Extensive use of fluoropolymers in the production of semiconductors is a key growth factor.
  • Expansion of the global automotive industry in emerging economies is contributing to critical growth opportunities.
  • Characteristics including weather stability, chemical resistance, and thermal properties bolster scope of application in multiple verticals.

Fluoropolymers Market – Leading Constraints

  • Strict regulations governing the production and application of fluoropolymers is a key challenge to market growth.
  • Risks of perfluorooctanoic acid contamination in coating applications hurts market prospects.

Expected Impact on Market by Coronavirus Outbreak

With the coronavirus crisis, workers in manufacturing facilities are higher risk, as manufacturing operations cannot be conducted remotely. Consequently, the closure of fluoropolymer production facilities and disruptions in raw material supplies during the crisis period, will hurt near term prospects of the market. However, wide ranging industrial and chemical applications will support a steady recovery once lockdown restrictions are relaxed.

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Competition Landscape

Some of the top players operating in the fluoropolymers market are 3M Company, Halopolymer OJSC, DuPont Company, Kureha Corp., BASF SE, Hindustan Fluorocarbons Ltd., Daikin Industries Ltd., Saint Gobain S.A., Arkema Group, Honeywell International Inc., and Solvay Chemicals Inc. Market players are pushing for strategic collaborations and product development to aid market presence. For instance, Poeton has launched a nickel and fluoropolymer surface treatment material in July 2020.

Fluoropolymer Market by category

By Product Type:

  • PolytetraFluoroethylene (PTFE)
  • Polyvinylidene fluoride (PVDF)
  • Polyvinyl Fluoride  (PVF)
  • Fluorinated Ethylene Propylene (FEP)
  • Polychlorotrifluoroethylene (PCTFE)
  • Perfluoroalkoxy Polymer (PFA)
  • 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 Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/fluoropolymers-market
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 sales@futuremarketinsights.com
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Fatty Amines Market worth US$ 4.7244 billion by 2032 – Exclusive Report by Future Market Insights, Inc.

The consumption of fatty amines in agrochemicals is high as it is extensively manufactured by using renewable sources such as vegetable oil, animal fats & so on, which benefit the soil, environment & output. cially across Asia Pacific. Hence, to get the maximum yield from the available arable land and to enhance the quality, agrochemicals are being used.

Fatty Amines Sales (2021A) US$ 2,804.5 Mn
Estimated Market Size (2022E) US$ 2,940.1 Mn
Forecast Market Value (2032F) US$ 4,724.4 Mn
Value CAGR (2022-2032) 4.9%
Collective Value Share: Top 3 Countries (2022E) 37.8%

Key manufacturers are anticipated to witness lucrative growth opportunities as its consumption in end use sectors such as agrochemicals, food & beverage and others is increasing. To fulfil the demand, players are more focused on production capacity expansion, mergers & acquisitions activities that will boost their sales.

With the implementation of new technology and innovations, prominent players are emerging in developing countries, with the increase in the flow of foreign direct investment, collaborative projects, and monetary benefits.

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“Growing demand for agrochemicals & water treatment chemicals are expected to propel the sales of fatty amines in the forecast period,” says an FMI analyst.

Key Takeaways:

  • The global market of fatty amines is projected to witness a CAGR of 9% during the period of 2022 and 2032.
  • China is anticipated to remain one of the prominent markets in the global market of fatty amines, with sales expected to reach about US$ 986.1 Mn by end of 2032.
  • By product type, tertiary fatty amines segment is expected to remain one of the fastest-growing segment and expand at a CAGR of 5.7% during the forecast period.
  • By end use type, agrochemicals, and water treatment chemicals are anticipated to account for more than 43% of demand share in global fatty amines market by 2032.

Competitive Landscape

Key market players are involved in the fatty amines market which include Clariant AG, Albemarle Corporation, Akzo Nobel N.V., Evonik Industries AG, Kao Corporation, Arkema S.A., Eastman Chemical Company, Solvay S.A., E.I. du Pont de Nemours & Co., Procter & Gamble Company, Lonza Group Ltd, Indo Amines LTD, Sterling Auxiliaries Pvt. Ltd., Nouryon, Wuxi Zhufeng Fine Chemical Co., Ltd., NOF COORPORATION and Other.

For instance

  • On June 27, 2022, Evonik Industries made a technical collaboration with Ag Tech, an agribusiness innovation hub in Brazil, to enhance its regional agribusiness network.
  • On Feb 28, 2022, Kao Corporation decided to establish a new tertiary amines plant in Texas, the USA to strengthen its chemical business.

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Fatty Amines Market Segmentation

By Product Type:

  • Primary Amines
  • Secondary Amines
  • Tertiary Amines

By End-Use:

  • Agrochemicals
  • Water Treatment
  • Construction
  • Oil field Chemicals
  • Personal Care
  • Textile Industry
  • Others

By Region:

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

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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UV Tapes Market Size, Share & Forecast | To Reach USD 1.1689 billion by 2032

The global UV tapes market is anticipated to create lucrative growth opportunities throughout the estimation period from 2022 to 2032 by showcasing a robust CAGR of 8.6%. The market size is estimated to be valued at about US$ 512.3 Mn in 2022 and is predicted to reach US$ 1,168.9 Mn by 2032.

According to the historical estimations, demand for UV tapes grew at a lightning-fast speed between 2017 and 2021. The consumption of UV tapes is uneven, considering the industries it serves and the demand ranging from electrical and electronics to building and construction sectors.

The demand for UV tapes is predicted to surge over the assessment period and is set to exhibit a CAGR of 8.6% between 2022 and 2032. Rapid inclination towards working from home is expected to drive the demand for electronic devices all over the world. In addition to that, it is also anticipated to further generate a high demand for semiconductor chips, therefore increasing sales of UV tapes.

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Key Takeaways

  • Surging demand for UV tapes is due to its reach in the electrical and electronics adhesives industry, along with in the semiconductor process, and is predicted to drive the global UV tapes market. As per the estimations published in the latest research report, it has been anticipated that the global UV tapes market is accountable for about 7-10% of the overall adhesive’s tapes market.
  • The UV tapes market is anticipated to benefit from the surging preference for propylene oxide (PO) and polyethylene terephthalate (PET) as carriers over PVC owing to their reduced environmental effect.
  • Compounds like PO and PET are capable of meeting the stringent environmental standards which are revolving around the production of integrated circuits and are easily recyclable, in comparison to the PVC (ICs). The market is also projected to grow owing to the increasing demand for acrylic adhesive products due to their exceptional adhesive strength.
  • Due to the rising use of static layers by manufacturers, the market is expected to develop at a lightening fast pace. These static layers also help in eliminating negative charges and safeguarding wafers from harm. Since wafer inspection materials are becoming increasingly sensitive attributing to their lower thickness these types of tapes are widely used throughout dicing and back-grinding applications, which is boosting the global market.
  • As per the reports by World Semiconductor Trade Statistics (WTSS), the global semiconductor demand is expected to witness a 13.9% surge in 2022. UV tapes play a crucial role in the semiconductor industry owing to their increasing utilization as a semiconductor manufacturing adhesive tape.
  • The internet of things (IoT) is projected to be yet another significant development area for semiconductors throughout the forecast period. Increasing demand for vehicles equipped with airbags, powertrain, telematics, and infotainment systems would also push sales of UV tapes.
  • Surging demand for bigger homes with modern and top-notch facilities is witnessed due to the surging inclination of consumers toward luxury living is anticipated to drive the need for electronics. Flashing tapes are gaining traction recently as they provide better all-around performance and longer lifespans.

Competitive Landscape

Dominant players in the UV tapes market are focusing on adopting alternative distribution channels such as online platforms to strengthen their presence across various regions worldwide. Most of the key players in the market are concentrating on sustainability, whereas other industry players are paying more heed to expand their existing manufacturing sites in order to meet the high demand from the semiconductor industry.

More Insights into the UV Tapes Market

China is expected to dominate the global UV tapes market since it is one of the leading producers of consumer electronics in the world. It is considered to be one of the largest electronics manufacturing ecosystems and supply chain management in the whole world. China is expected to garner over 150 million manufacturing employees and five times more electronic suppliers than Japan.

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Attributing to the advantages offered by UV tapes in the electrical industry, China is projected to create an array of opportunities in the market. The surging adoption of semiconductors in the automobile industry is yet another reason for the widespread consumption of UV tapes in China.

The automotive sector is projected to fuel economic growth in the United States. Increasing use of semiconductor chips in air conditioning systems along with radio touchscreen infotainment has gained rapid traction which would propel the demand for UV tapes in the U.S.

UV Tapes Market Outlook by Category

By Product Type:

  • Polyolefin (PO)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Others

By Application:

  • Wafer Dicing
  • Back-grinding
  • Others

By Region:

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

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/uv-tapes-market
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Geocells Market to receive overwhelming hike USD 242.25 billion in Revenues by 2032

During the forecast period 2022-2032, the geocells market is expected to grow at a value of 6.1% CAGR, according to Future Market Insights. By the year 2032, the global market for geocells is expected to rise up to a market valuation of US$ 242.25 Million. Geocells are robust, lightweight three-dimensional systems constructed of polymer film strands, sometimes known as geotextiles.

These items are also known as cellular confinement systems. These geocells are new geosynthetic materials that increase the load carrying capacity and strength of the structure by up to five times. The use of geocells reduces pavement thickness and vertical stresses significantly. These cells are used for a variety of purposes, including as channel and slope protection, extra load support, wall retention, and shoreline protection.

North America is expected to grow significantly in the geocell market over the projection time frame due to rigorous government regulations and policies, as well as rapidly expanding infrastructure. Due to rising demand for geocells in various developing economies such as India, Japan, China, and Malaysia, Asia Pacific is likely to grow rapidly and form the most lucrative market for geocells. Furthermore, significant infrastructure developments in the MEA are projected to contribute to growing demand. Europe is projected to have large demand because of rapid industrial expansion and improved government regulations, notably in its western region, which comprises Germany, France, Austria, and the Netherlands.

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Due to their superior load bearing capabilities, manufacturers favor very lightweight and hard durable materials such as PP and HDPE. Furthermore, deployment across operations linked to earth reinforcement to bring in strong infrastructure provision is expected to be a major opportunity in the worldwide geocells market during the projection period.

Key Takeaways from the Market Study

  • In 2022, the global geocells market is estimated to have a global market size of US$ 134 Million.
  • By material type, the HDPE segment is expected to gain a 71.5% market share in 2022.
  • By application type, the channel protection segment is projected to acquire a global market valuation of 42% in 2022.
  • The North American market for geocells will expand with a market share of 39% in 2022.
  • The APAC geocells market is expected to grow with a 7.5% CAGR during the forecast period.
  • Europe is projected to grow with a 5.9% CAGR during 2022-2032.

“Extensive usage of geocells in water conservation programs, as well as the development of lightweight and nano-fiber-based geocells, are expected to drive market expansion across the forthcoming decade,” comments a Future Market Insights analyst.

Competitive Landscape

The market’s leading players rely heavily on product innovation and expanding their product portfolio. Aside from that, firms are pursuing tactics such as collaborations and acquisitions.

  • Bermuller & Co. GmbH is a well-known geosynthetic fabric company that provides one-of-a-kind transportation infrastructure solutions. BONTEC NW non-woven fabrics are available from the company and are utilized in earthworks, road construction, and construction management. These are utilized to filter soils that must be discharged during the construction phase while designing geocells.
  • Greenfix is a well-known soil stabilization and erosion control specialist, offering a comprehensive line of erosion prevention cellular confinement systems, including the well-known Geoweb® line. The Tree Root Protection System is one such solution, since it protects roots planted inside the top 600 mm of the soil’s surface layers by dispersing the load horizontally and thereby avoiding compaction.

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Key Segments Covered in the Geocells Market Report

Geocells Market by Application:

  • Slope Protection
  • Earth Reinforcement
  • Load Support
  • Tree Root Protection
  • Channel Protection

Geocells Market by Material Type:

  • High Density Polyethylene (HDPE)
  • Polypropylene (PP)
  • Polyester
  • Other Polymeric Alloys

Geocells Market by Region:

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

About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/geocells-market
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Membrane Chemicals Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2022-2031

The latest revised version of the ‘membrane chemical compounds’ market have a look at posted by way of the Future Market Insights (FMI) thoroughly examine the worldwide industry capability and increase scope. The record additionally offers detailed insights of recent trends and call for-deliver styles across 20+ international locations with unique emphasis at the leading areas along with North the united states, Europe, and Asia Pacific throughout the forecast period of 2021 to 2031.

The membrane chemical compounds enterprise thrived on the developing demand from municipal, power, and food & liquids sectors within the past years, even as the pandemic outbreak changed the scenario quickly in advance in 2020. Whilst decline in demand impacted the enterprise, restoration of food & drinks, chemical compounds, and different sectors has been key to excel for producers and providers because the closing region of 2020.

How is the demand from Municipality zone Boosting the sales of Membrane Chemical providers?

In step with the report published by the european commission (EC), in the Europe municipality quarter, most dominant phase is the service one, which represents 60% of all monetary activity. As according to the document, the primary purpose of the municipality during the period of 2014 to 2020 become related to included sustainable improvement, growing the same old of dwelling through utilization of personal resources, at the side of nearer cooperation with european Union (ecu) institutes. At the same time as such tasks helped in strengthening municipality region, it additionally signifies arrival of recent possibilities for membrane chemical manufactures around the world.

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Various type of membrane chemicals such as coagulates, flocculants, PH adjusters, and scale inhibitors are extensively used in treating vast range of RO/UF/NF/MF membrane foulants and scalants. As a result, these are highly sought-after in municipality sector in order to provide with highly efficient water treatment solutions.

“With the demand for scale inhibitors, dechlorinants, and biocides becoming prominent in filtering solids and other water impurities, industry players are subject to come across lucrative growth scope in the near future,” says an FMI analyst.

Key Takeaways from Market Study

  • The global membrane chemicals industry is forecast to grow at over 6% CAGR through 2031
  • High requirement in wastewater treatment to fuel the sales of manufacturers
  • Requirement for scale inhibitors to gain traction
  • The United States remains the hotspot for industry players in North America
  • Germany to lead in Europe membrane chemicals industry
  • Asia Pacific to emerge fastest-growing industry for membrane chemicals
  • China, Japan, Canada, the United Kingdom, India, Italy, and a few other countries to maintain positive industry outlook

Who is Winning in this Space?

The global membrane chemicals industry offers cut-throat competition to key players. In order to sustain their leading positions, key players are focusing on both quality and quantity of their products.

For instance,

  • Veolia Water recently launched its Point-of-Use Water Systems, Point-of-Use Laboratory Water Systems, Point-of-Use Water Purification Systems, and others by incorporating various membrane chemicals in order to target diverse end-use industries
  • GE Water and Process Technologies launched its new ZeeWeed Hollow-Fiber Membranes, LEAP MBR, and others during the last 5 years

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Membrane Chemicals Market Segmentation by Category

Product Type

  • Scale Inhibitors
  • Coagulants & Flocculants
  • Biocides
  • PH Adjusters
  • Dechlorinants
  • Other Membrane Chemicals

End User

  • Municipal
  • Power
  • Food & Beverage
  • Chemicals
  • Desalination
  • Paper & Pulp

Region

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

Table of Content

1. Executive Summary

2. Research Methodology & Scope

3. Assumptions & Acronyms Used

4. Market Overview

4.1. Introduction

4.2. Water & Wastewater Treatment Chemicals – Global Snapshot

4.3. Global Membrane Chemicals Market

4.4. Market Dynamics

4.5. Market Trends

5. Global Membrane Chemicals Market Analysis, By End Use Sectors

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/membrane-chemicals-market
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Bio-plastics Market – This is How Leading Companies Are Dominating the Global Industry

A growing beverage packaging enterprise, government support for adopting bio-primarily based substances, and growing customer attractiveness for bio-plastics are expected to make contributions to the growth of the worldwide bio-plastic market over the forecast length. Future marketplace Insights (FMI), in its brand new document titled, “Bio-plastics marketplace: worldwide industry evaluation and opportunity evaluation”, estimates that the global bio-plastics marketplace is predicted to account for US$ forty three.8 Bn by using 2020, registering a CAGR of 28.Eight% at some point of the forecast duration.

Key players in the global bio-plastics market are

– BASF SE
– Arkema, DSM NV
– I. Du Pont de Nemours and organization
– Evonik Industries
– NaturePlast
– NatureWorks LLC
– RTP agency
– Techno polymer Co. Ltd.
– Toray Industries Inc.

Assessing the various factors driving this marketplace, a FMI lead analyst, stated, “growing patron awareness regarding benefits of greener merchandise, strict policies to comprise bio-primarily based merchandise in car & packaging, and growing investments by using neighborhood companies are predicted to fuel the call for for global bio-plastics market.”

International Bioplastics marketplace: Drivers and traits

Demand for bioplastics is growing in view that beyond decade due to growing attention concerning environmental conservation, use of bio-based or natural sources for manufacturing substances and components of various regulations across nations for effective use of natural sources and waste management.

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In phrases of substances, the global bio-plastics marketplace is segmented as bio-puppy, bio-PE, bio-PA, bio-degradable polyesters, PLA & PLA blends, starch blends, PHA and others. Currently, the bio-pet cloth section dominates the bio-plastics market, and was estimated to be US$ five.6 Bn in 2014. This section is anticipated to reach US$ 29.1 Bn through 2020, with a momentous CAGR of 31.4% for the forecast period. Moreover, an growing demand for bio-plastics from the beverage packaging industry and effectiveness of bio-plastics in one-time use application has driven the demand for the bio-puppy inside the previous couple of years.

On the idea of software type, the bio-plastics market is segmented as bottlers, other packaging, food-offerings, agriculture/horticulture, patron merchandise, automobile and others. Amongst all the afore stated packages, bottles section is anticipated to dominate the market with 34.4% of the overall revenue proportion through 2020. However, automotive segment is expected to showcase the second maximum CAGR of 27.Five% compared to different packages all through the forecast duration. Additionally, inflow of recent entrants is anticipated to fuel the boom of others utility segment, thereby accounting for five.0% market percentage by 2020.

Key regions taken into consideration for this marketplace look at consist of North the us, Europe, Asia Pacific and RoW (rest of the world). Asia Pacific represents the maximum lucrative marketplace, observed through North the usa. Asia Pacific is anticipated to make contributions 33.7% marketplace percentage to the general bio-plastics market with the aid of 2020. The growth of Europe is supported with the aid of the strong influence of regulatory framework and attention concerning greener products thru numerous media the various clients.

Key Segments Covered

Material Type:

  • Bio-PET
  • Bio-PE
  • Bio-PA
  • Bio-degradable Polyesters
  • PLA & PLA Blends
  • Starch Blends
  • PHA
  • others (Durable Starch Blend, Bio-TPE, Bio-PUR, Bio-PC, Cellulose Derivatives and PCL)

Applications

  • Bottle
  • other packaging
  • food-services
  • agriculture/horticulture
  • consumer products
  • automotive

Key Geographies Covered

  • North America
  • Europe
  • Asia Pacific
  • RoW

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Table of Content

1.      Global Bio-plastics Market – Executive Summary

2.      Global Bio-plastics Market – Assumptions & Acronyms

3.      Global Bio-plastics Market – Research Methodology

4.      Global Bio-plastics Market – Overview

4.1.   Bio-plastics Lifecycle

5.      Global Bio-plastics Market – Taxonomy

6.      Global Bio-plastics Market – Parent Market Indicator

6.1.   Global Plastic Market Outlook

6.2.   Global Plastic Market by End-use

6.3.   Regulations and Policies over Plastic Market by Region

7.      Global Bio-plastics Production Capacity by Region

8.      Global Bio-plastics Market Overview

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/global-bio-plastics-market
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