Calcium Formate Market Size 2024 by Sales, Share, Growth Opportunity and Forecast with Top Players
The global calcium formate market size is estimated to grow from USD 545 million in 2020 to USD 713 million by 2025, at a CAGR of 5.5% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application areas of calcium formate ranging from leather and textile to the construction industry. Increasing demand from APAC will further drive the growth of the global calcium formate market.
Browse 204 market data Tables and 54 Figures spread through 196 Pages and in-depth TOC on "Calcium Formate Market by Grade, Application ( Feed Additives, Tile & Stone Additives, Concrete Setting, Leather Tanning, Drilling Fluids, Textile Additives, Flue gas desulfurization), End-use Industry, and Region - Global Forecast to 2025"
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Calcium Formate Market Key Players
Lanxess (Germany), Perstorp (Sweden), Chongqing Chuandong Chemical (Group) Co. Ltd. (China), Geo Specialty Chemical Inc.(Ohio), and Zibo Ruibao Chemical Co. Ltd. (China), American Elements (US), Henan Botai Chemical Building Material Co. Ltd. (China), Shandong Baoyuan Chemical Co. Ltd. (China), Jiangxi Kosin Organic Chemical Co. Ltd (China) and Sidley Chemical Co. Ltd (China) among others are the leading calcium formate manufacturers, globally. These companies adopted expansion, new product development, joint venture, and merger & acquisition as their key growth strategies between 2017 and 2020 to earn a competitive advantage in the calcium formate market.
Lanxess (Germany) is the largest player in the market. In February 2020, LANXESS completed the acquisition of Itibanyl Produtos Especiais Ltda. (IPEL). With the acquisition, LANXESS is strengthening its position as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations. In November 2019, PMC Group acquires of Lanxess’ Organotin Specialties Business Assets. The Business included Lanxess’ global organotin catalyst, organotin specialties and intermediates product lines.
Perstorp (Sweden) is ranked second in the calcium formate market. In November 2019, Perstorp, invested in the construction of a new Pentaerythritol (Penta) production facility in Gujarat, India. The Gujarat plant will produce Penta, including the renewable grades of Voxtar, providing up to a 60% reduced carbon footprint. Commercial production is planned to start in Q1 2022. Also, in July 2019, ProPhorce Valerins is the latest innovation by Perstorp in the field of animal nutrition. It consists of glycerol esters of valeric acid. Research have shown that this product significantly improves broiler performance even when compared to industry standards such as butyric acid.
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Recent Developments
In February 2020, LANXESS completed the acquisition of Itibanyl Produtos Especiais Ltda. (IPEL). With the acquisition, LANXESS is strengthening its position as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations.
In November 2019, PMC Group acquires of Lanxess’ Organotin Specialties Business Assets. The Business included Lanxess’ global organotin catalyst, organotin specialties and intermediates product lines.
In November 2019, Perstorp, invested in the construction of a new Pentaerythritol (Penta) production facility in Gujarat, India. The Gujarat plant will produce Penta, including the renewable grades of Voxtar, providing up to a 60% reduced carbon footprint. Commercial production is planned to start in Q1 2022.
In July 2019, ProPhorce™ Valerins is the latest innovation by Perstorp in the field of animal nutrition. It consists of glycerol esters of valeric acid. Research have shown that this product significantly improves broiler performance even when compared to industry standards such as butyric acid
In January 2019, Perstorp reshaped the organization with the three new Business Areas; Specialty Polyols & Solutions, Advanced Chemicals and Animal Nutrition. The main objective for the re-organization is to better address customer demands for supply reliability and focused innovation.
Calcium Formate Market Segments
Calcium Formate Market by Grade
Industrial Grade
Feed Grade
Calcium Formate Market by Application
Feed Additives
Tile & Stone Additives
Concrete Setting
Leather Tanning
Drilling Fluids
Textile Additives
Flue Gas Desulfurization
Others
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Calcium Formate Market by End-Use Industry
Construction
Leather & Textile
Animal Husbandry
Chemicals
Power Generation
Others
Calcium Formate Market by Region
North America
Asia Pacific
Europe
South America
Middle East and Africa
The report provides insights on the following pointers:
Market Penetration:Comprehensive information on the product portfolios of the top players in the calcium formate market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the calcium formate market.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 29)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
FIGURE 1 CALCIUM FORMATE MARKET SEGMENTATION
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 32)
2.1 RESEARCH DATA
FIGURE 2 CALCIUM FORMATE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 SUPPLY-SIDE ANALYSIS
FIGURE 3 MARKET NUMBER ESTIMATION
2.2.2 MARKET NUMBER ESTIMATION
2.2.3 FORECAST
2.3 DATA TRIANGULATION
FIGURE 4 CALCIUM FORMATE MARKET: DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 39)
FIGURE 5 CONSTRUCTION INDUSTRY LED THE CALCIUM FORMATE MARKET IN 2019
FIGURE 6 INDUSTRIAL GRADE DOMINATED THE CALCIUM FORMATE MARKET IN 2019
FIGURE 7 CONCRETE WITNESSED HIGHEST GROWTH IN 2019
FIGURE 8 APAC TO BE THE FASTEST-GROWING CALCIUM FORMATE MARKET
Continued...
Immersion Cooling Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2031
The immersion cooling market is projected to grow from USD 0.4 billion in 2023 to USD 2.1 billion by 2031, at a CAGR of 24.1% from 2023 to 2031. The primary reason for this market’s growth is the growing demand for immersion cooling solutions for efficient cooling systems that can handle the increasing heat generated by high-performance computing and blockchain applications.
Browse 179 market data Tables and 50 Figures spread through 247 Pages and in-depth TOC on "Immersion Cooling Market by Type (Single-Phase, Two-Phase), Application (High Performance Computing, Edge Computing, Cryptocurrency Mining), Cooling Fluid (Synthetic Oil, Mineral Oil), Component (Solutions, Services), and Region - Global Forecast to 2031"
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Green Revolution Cooling (GRC), Inc. (US), Submer (Spain), Asperitas (Netherlands), LiquidStack (Netherlands), and Midas Immersion Cooling (US) fall under the winners’ category. These are leading global players in the immersion cooling market. These companies often have strong financial positions, allowing them to invest in growth opportunities, withstand economic downturns, and fund research and development.
Green Revolution Cooling (GRC) is a company that specializes in liquid immersion cooling for data centers. Their patented technology increases performance, enhances sustainability, and optimizes total cost of ownership (TCO) by eliminating conventional power-hungry air-cooling infrastructure.
GRC’s ICEraQ™ micro-modular systems increase efficiency and lower capital and operational expenditures by up to 50% responsible solutions.
Submer is a company that provides immersion cooling solutions for data centers and other IT infrastructure and related hardware. The company is based in Spain and is known for developing innovative products designed to be effective and easy-to-operate liquid immersion cooling solutions. Summer uses inorganic and organic growth strategies to cater to more prominent end-users and gain more market share in the immersion cooling market. In June 2021, Submer announced its partnership with ASA Computers, a leading IT solution provider that delivers innovative systems-to-rack solutions.
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Asperitas is a high-tech company based in the Netherlands specializing in global immersion cooling solutions for sustainable and high-density data centers. The company is known for its AIC24 solution, a self-contained unit designed for high-density CPU and GPU immersion cooling. Asperitas’ immersion cooling technology, called Immersed Computing, utilizes natural convection for high-density data centers, enabling sustainability and high performance.
LiquidStack is one of the leaders in liquid immersion cooling for data centers, telecommunications, and blockchain systems. The company provides innovative and sustainable liquid cooling solutions with high performance, compactness, and energy efficiency. The company’s immersion cooling technology is designed to overcome the cooling crisis through unmatched heat rejection and efficiency. In September 2023, LiquidStack announced the launch of its new prefabricated modular solutions, MicroModular and MegaModular, which are compact, high-density, and designed for the most rugged environments.
Midas Immersion Cooling is a company that provides immersion cooling solutions for data centers and ASIC mining. The company’s immersion cooling technology is designed to reduce total power consumption. Midas Immersion Cooling’s XCI immersion tank can be configured to cool up to 150 kW of compute power and can be located almost anywhere. The company’s immersion cooling technology is specially engineered for ASIC mining and offers better performance at a lower cost.
Immersion Cooling Market Segments
Based on Application
High-performance Computing
Artificial Intelligence
Edge Computing
Cryptocurrency Mining
Others (Cloud Computing, Enterprise Computing)
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High Performance Computing is estimated to hold the most significant share of the global immersion cooling market by application.
By application, the high performance computing segment is projected to dominate the global immersion cooling market during the forecast period. The increasing density of computing hardware, with the rise of more powerful processors and accelerators, poses a challenge for conventional cooling solutions. Immersion cooling addresses this challenge by providing a uniform and effective cooling solution across densely packed hardware configurations. This factor is to surge the demand for immersion cooling technology in high performance conputing.
Based on Type
Single-Phase Immersion Cooling
Two-Phase Immersion Cooling
Based on the Cooling fluid
Mineral Oil
Synthetic Fluids
Fluorocarbon-based Fluids
Other (Vegetable Oil, Bio-Oil, Silicone Oil, Deionized Water)
Based on the Components
Solutions
Services
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Based on the Region
Asia Pacific
North America
Europe
Middle East & Africa
South America
North America regional segment accounted for the largest share of the Immersion Cooling market.
The geographical and climatic diversity across North America has also influenced the adoption of immersion cooling. In regions with higher ambient temperatures, traditional air-based cooling methods can be less effective and more energy-intensive. Immersion cooling, with its ability to provide uniform and efficient cooling regardless of external temperatures, presents itself as a viable solution for data centers operating in various climates, contributing to its widespread acceptance.
Recent Developments
In October 2023, GRC (Green Revolution Cooling) Inc., the leader in single-phase immersion cooling for data centers, announced the launch of a new data center solution, Next-Gen Immersion Cooled Data Centers in Middle East & Africa, with the collaboration of Dell Technologies, and DCV Industries.
In October 2023, Submer and Intel collaborated to enhance single-phase immersion technology through a Forced Convection Heat Sink (FCHS) package. It reduces the quantity and cost of components required for comprehensive heat capture and the dissipation of chips with Thermal Design Power (TDP) exceeding 1000W.
In May 2020, Asperitas partnered with European data center owner/operator, Maincubes. The two companies planned to offer immersion cooling solutions in dedicated immersion cooling colocation suites in the Maincubes Amsterdam AMS01 data center. AMS01 is also home to the European Open Compute Project (OCP) Experience Center, while Asperitas is a leading OCP standards contributor in immersion cooling.
Aerosol Cans Market Global Forecast, Industry Trends, Insight, Impact Of Inflation, Company Analysis
The Aerosol Cans market size is estimated to be USD 11.2 billion in 2023, and it is projected to reach USD 13.6 billion by 2028 at a CAGR of 4.0%. Aerosol cans are pressurized containers that are used to store and discharge a wide variety of items as a fine spray or mist. Metal (such as aluminum or steel) or, in certain situations, plastic is used to make these cans.
Browse 254 market data Tables and 50 Figures spread through 216 Pages and in-depth TOC on "Aerosol Cans Market by Material (Aluminium, Plastic), Product Type (1-piece cans, 3-piece cans), Type (Liquefied Gas, Compressed Gas), End-use Sector (Personal care, Healthcare, Household care), & Region-Global Forecast to 2028.
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The market is segmented on the basis of several materials that are used to make Aerosol Cans, such as steel, aluminum, plastic, and others. Aerosol Cans are used in several end-use sectors Personal care, Household care, Healthcare, Automotive, and others. In addition to this, the Aerosol Cans market is also segmented on the basis of type such as Liquefied Gas Propellant, and Compressed Gas Propellant. The Aerosol Cans market is also segmented on the basis of Product type i.e., 1-Piece Cans, and 3-Piece Cans. Some of the leading companies involved in the manufacturing of Aerosol Cans are Ball Corporation (US), Trivium Packaging (Netherlands), Crown (U.S.), Mauser Packaging Solutions (U.S.), and Toyo Seikan Co. Ltd. (Japan), and others are covered in the Aerosol Cans market. Various growth strategies such as acquisitions, product launches, expansion, partnerships, mergers, etc. have been adopted by these players to strengthen their position in the Aerosol Cans market.
Ball Corporation (US) provides metal packaging for beverages, foods, and household products. It operates through the following business segments, namely, Global Beverage Packaging, Aerospace, Aerosol Packaging, and Aluminum Cups. The Global Beverage Packaging includes beverages cans, Bevarage Ends & Tabs, .Beverage Bottles, Household & Personal Care Bottels, and Aluminum Slugs. In the Aerosol Packaging segment, the company offers several aerosol cans which can be used by various end-use sectors i.e. personal care, household care, etc. For government and commercial customers, the company designs, develops, and manufactures innovative aerospace systems and related technologies such as instruments and sensors, spacecraft and space science, electronic warfare, aerospace technology and components, radio frequency systems and components, antennas and microwave systems, and data exploitation solutions.
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Trivium Packaging (Netherlands) is a metal packaging manufacturer for the beauty, beverage, food, home care, industrial, and pharmaceutical industries. The company provides sustainable metal packaging products such as cans, bottles, kegs, slugs, and end components for major global brands of various companies by utilising a number of shaping technologies, including mechanical expansion and blow moulding, to develop standard and custom shapes based on product requirements, thereby helping to protect and promote the identity of its partners.
Crown (US) Crown is a packaging solutions company. It develops, manufactures, and distributes metal packaging products for consumer goods. Beverage cans, glass bottles, food cans and closures, aerosol cans, specialised packaging goods and transportation packaging are all part of the company's product portfolio. It also sells industrial items like paper-based protective packaging, steel and plastic strap consumables, and plastic film consumables. It caters to a variety of markets, including food, beverages, industrial, personal care, luxury products, metals, promotional, and domestic items. Crown operates through production factories and sales service centres located in the Americas, Europe, the Middle East, and Asia-Pacific.
Recent Developments
In March 2021, Trivium Packaging (Argentina) expanded the recycling and reuse of aluminum from aerosol cans in Latin America through the Creando Concienca Partnership. This is a groundbreaking recycling initiative in Argentina, which aims to raise awareness and accelerate sustainability practices for customers and the planet, further driving company toward sustainability.
In August 2020, Crown Holdings, Inc. announced its plans to start its operations at a new one-line beverage can plant in Rio Verde, Brazil.
In July 2020, Ball Corporation signed two virtual power purchase agreements to strengthen 100% European renewable energy goals.
In May 2020, Ball Corporation entered into a partnership agreement with Acosta, the leading marketing and sales agency in the consumer-packaged goods industry to represent the company's aluminum cups in retail and on-premises outlets.
In January 2020, Ball Corporation announced its plans to build a new aluminum end manufacturing facility in Bowling Green, Kentucky, US.
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Aerosol Cans Market Segments
Aerosol Cans Market, By Type
Liquefied Gas Propellant
Compressed Gas Propellant
Aerosol Cans Market, By Product Type
1-Piece Cans
3-Piece Cans
Aerosol Cans Market, By Material
Steel
Aluminum
Plastic
Others
Aerosol Cans Market, By End-use Sector
Personal care
Household care
Healthcare
Automotive
Others
Aerosol Cans Market, By Region
Asia Pacific (APAC)
North America
Europe
South America
Middle East & Africa
Table of Contents:
1 INTRODUCTION (Page No. - 32)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 AEROSOL CANS MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 LIMITATIONS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 36)
2.1 RESEARCH DATA
FIGURE 2 AEROSOL CANS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
FIGURE 3 KEY INDUSTRY INSIGHTS
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.2 BASE NUMBER CALCULATION
2.2.1 SUPPLY-SIDE APPROACH – 1
FIGURE 5 AEROSOL CANS MARKET: SUPPLY-SIDE APPROACH 1
2.2.2 SUPPLY-SIDE APPROACH – 2
FIGURE 6 AEROSOL CANS MARKET: SUPPLY-SIDE APPROACH 2
2.2.3 SUPPLY-SIDE APPROACH – 3
FIGURE 7 AEROSOL CANS MARKET: SUPPLY-SIDE APPROACH 3
2.3 FACTOR ANALYSIS
2.3.1 INTRODUCTION
2.3.2 DEMAND-SIDE ANALYSIS
2.3.3 SUPPLY-SIDE ANALYSIS
2.4 MARKET SIZE ESTIMATION
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
FIGURE 10 AEROSOL CANS MARKET: DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY (Page No. - 46)
FIGURE 11 ALUMINUM LEAD AEROSOL CANS MARKET DURING FORECAST PERIOD
FIGURE 12 1-PIECE AEROSOL CANS SEGMENT TO BE LARGER SEGMENT THROUGH 2028
FIGURE 13 LIQUEFIED GAS PROPELLANT TO DOMINATE AEROSOL CANS MARKET BY 2028
FIGURE 14 PERSONAL CARE SEGMENT TO LEAD MARKET FOR AEROSOL CANS THROUGH 2028
FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 50)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AEROSOL CANS MARKET
FIGURE 16 EMERGING COUNTRIES OFFER ATTRACTIVE OPPORTUNITIES IN AEROSOL CANS MARKET
4.2 EUROPE: AEROSOL CANS MARKET, BY MATERIAL & COUNTRY
FIGURE 17 EUROPE: UK ACCOUNTED FOR LARGEST SHARE OF AEROSOL CANS MARKET IN 2022
4.3 AEROSOL CANS MARKET, BY MATERIAL
FIGURE 18 ALUMINUM SEGMENT TO LEAD AEROSOL CANS MARKET DURING FORECAST PERIOD
4.4 AEROSOL CANS MARKET, BY END-USE SECTOR
FIGURE 19 PERSONAL CARE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
4.5 AEROSOL CANS MARKET, BY TYPE
FIGURE 20 LIQUEFIED GAS PROPELLANT TO BE FASTER-GROWING SEGMENT DURING FORECAST PERIOD
4.6 AEROSOL CANS MARKET, BY PRODUCT TYPE
FIGURE 21 1-PIECE CANS TO BE FASTER-GROWING SEGMENT DURING FORECAST PERIOD
4.7 AEROSOL CANS MARKET, BY KEY COUNTRY
FIGURE 22 AEROSOL CANS MARKET IN INDIA TO RECORD HIGHEST CAGR FROM 2023 TO 2028
5 MARKET OVERVIEW (Page No. - 54)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
Continued...
Graphic Film Market Size, Share, Rising Trends, Industry Analysis and Demands by 2028
The graphic film market size is estimated to be USD 28.9 billion in 2023, and it is projected to reach USD 36.2 billion by 2028 at a CAGR of 4.6%. Graphic film is produced from thin and flexible materials typically composed of either PE, PP, PVC, and others. It is designed for printing and application on a variety of surfaces like windows, vehicles, walls, and floors. It can be personalized with vivid graphics, logos, and messages, creating visually appealing displays and advertisements. With different finishes available, including gloss, matte, metallic, and textured, it offers a versatile range of options to suit various applications and meet different aesthetic preferences.
Browse 261 market data Tables and 37 Figures spread through 241 Pages and in-depth TOC on "Graphic Film Market by Product Type (Polyethylene, Polypropylene, Polyvinyl Chloride), Film Type (Opaque, Transparent, Translucent, Reflective), Manufacturing Process, Printing Technology, End-Use Industry, and Region - Global Forecast to 2028"
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The market is segmented on the basis of several product types that are present in the market, such as polyethylene, polypropylene, polyvinyl chloride, and others. Graphic film is used in several end-use industries such as automotive, promotional & advertisement, industrial, and others. In addition to this, the graphic film market is also segmented on the basis of film types such as opaque films, reflective films, transparent films, and translucent films. However, the market is also segmented on the basis of the manufacturing process, i.e. calendered, casting, and others. Apart from this, the market is also segmented on the basis of printing technology i.e., flexography, rotogravure, offset, and digital. Some of the leading companies involved in the manufacturing of graphic film are 3M (US), Avery Dennison Corporation (US), DuPont de Nemours Inc. (US), CCL Industries (Canada), and Fedrigoni S.P.A. (Italy), and others are covered in the graphic film market. Various growth strategies such as acquisitions, product launches, expansion, partnerships, mergers, etc. have been adopted by these players to strengthen their position in the graphic film market.
3M (US) operates as a manufacturer and distributor of a diverse range of industrial products and solutions. The company's extensive portfolio encompasses advanced materials, display materials and systems, home care, home improvement, stationery and office supplies, personal safety products, roofing granules, closure and masking systems, and more. Additionally, 3M provides solutions in various sectors such as medical, oral care, consumer health care, food safety, and health information systems. Within its Transportation and Electronics segment, 3M offers graphic films tailored for use in transportation vehicles, among other applications. The company's converting and manufacturing facilities are strategically positioned across the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
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Avery Dennison Corporation (US) is involved in providing labeling and packaging materials and solutions, operating through its Materials and Solutions Group segments. In the Materials Group segment, the company manufactures and markets pressure-sensitive label materials, films utilized in graphic and reflective products, performance tapes, and various adhesive products for industrial, medical, and other applications, including fastener solutions. The Solutions Group segment focuses on the design, manufacturing, and sale of a diverse range of branding and information solutions, such as brand and price tickets, tags and labels, along with associated services, supplies, and equipment.
DuPont de Nemours Inc. (US) is a prominent provider of technology-driven materials and innovative solutions. The company offers an extensive range of materials and printing systems to support the advanced printing industry. Moreover, the company provides essential materials and solutions for semiconductor and integrated circuit fabrication, covering both the front-end and back-end stages of the manufacturing process. Their diverse product portfolio includes adhesives, cutting-edge printing solutions, animal nutrition, construction materials, biomaterials, electronic solutions, fabrics, fibers, nonwovens, food and beverage ingredients, industrial films, medical devices, resins, and more.
Recent Developments
In October 2023, Avery Dennison Corporation (US) partnered with Siser North America, to announce the retail launch of EasyPSV Starling, a pressure-sensitive vinyl film product.
In October 2023, DuPont de Nemours, Inc. (US) announced its collaboration with United States Steel Corporation, to launch COASTALUME, which combines the strength and self-healing characteristics of U. S. Steel’s GALVALUME material with DuPont Tedlar Polyvinyl Fluoride (PVF) film.
In October 2023, Drytac launched Polar Blockout UV opaque printable block-out film. It is the ideal solution for two-sided window graphics and other block-out layer requirements.
In September 2023, Drytac announced the launch of its new ReTac Clear PET film in North America.
In July 2023, Innovia (a subsidiary of CCL Industries (US)) invested in a new coating line to develop a new range of PVC-free films for the graphics sector at their site in Wigton, Great Britain.
In March 2023, ORAFOL Europe GmbH (Germany) launched a new Oracle 651 Matte PVC film. It is used for indoor and outdoor applications. It is available in 18 vibrant, luxurious matte colors.
In March 2023, HEXIS S.A.S (France) announced the acquisition of Stickittome, specializing in the supply of vinyl films for the printing and cutting process
In March 2023, Avery Dennison Corporation announced the expansion of its product line by adding two products DOL 1060 Max & DOL 1360 Max.
In November 2022, CCL Industries has launched a new generation of polypropylene, high gloss films, which are printable by both HP Latex and UV Inkjet systems.
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Graphic Film Market Segments
Graphic film Market, By Film Type
Opaque Films
Transparent Films
Translucent Films
Reflective Films
Graphic film Market, By Product Type
Polyethylene
Polypropylene
Polyvinyl chloride
Others
Graphic film Market, By End-Use Industries
Automotive
Promotional & Advertisement
Industrial
Others
Graphic film Market, By Manufacturing Process
Calendered
Casting
Others
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Graphic film Market, By Printing Technology
Flexography
Rotogravure
Offset
Digital
Graphic film Market, By Region
Asia Pacific (APAC)
North America
Europe
South America
Middle East & Africa
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The report provides insights on the following pointers:
Market Penetration:Comprehensive information on the product portfolios of the top players in the Graphic Film market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Graphic Film market.
Why Choose MNM?
Authentic Method: To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Agile Approach: A faster and efficient way to cater to the needs with continuous iteration
Targeted Market View: Targeted market view to provide pertinent information and save time of readers
Analyst Support: For complete satisfaction of our customers
Customization: Customization of the report’s scope as needed to meet your requirements in full
Personal Protective Equipment Market Recent Trends, In-depth Analysis, Size and Forecast - 2028
In terms of value, the personal protective equipment market is estimated to grow from USD 54.0 billion in 2023 to USD 69.4 billion by 2028, at a CAGR of 5.1%. Rising demand of personal protective equipment from industries such as healthcare, manufacturing, construction, oil & gas, food, transportation, firefighting, and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the personal protective equipment market even more.
Browse in-depth TOC on "Personal Protective Equipment Market"
218 – Tables
47 – Figures
250 – Pages
The personal protective equipment market is evolving, with major players playing a vital role in developing new and advanced products. Honeywell International Inc. (US), DuPont de Nemours, Inc. (US), 3M Company (US), Ansell Limited (Australia), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians Inc. (US), and MSA Safety Inc. (US) are key players in the personal protective equipment market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the personal protective equipment market.
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Honeywell International Inc.
Honeywell International Inc. is a multinational company known for its diverse range of products and services, including a strong presence in the personal protective equipment (PPE) market. With a more than a century-long history, the company has gained a reputation for innovation and excellence in the manufacture of PPE goods. Honeywell International Inc. focus to individual safety and well-being is obvious in its comprehensive range of PPE options, which includes ranging from high-quality safety goggles, respiratory protection, and gloves to innovative hearing protection and headgear. For instance, in February 2022, Honeywell International Inc. announced a partnership with AstraZeneca to develop new-generation respiratory inhalers that use near-zero global warming potential propellants to treat chronic obstructive pulmonary disease (COPD) and asthma. This partnership will help the company to cover a broad range of markets. Moreover, in September 2020, the company announced that NFL's Carolina Panthers and Honeywell International Inc. have collaborated to create a safer stadium experience by offering individual personal protective equipment packs for Panthers staff and fans, as well as deploying air quality monitoring solutions, through a custom real-time Healthy Buildings dashboard. The partnership will help the company to develop infinite possibilities in the personal protective equipment market with modern technology.
3M Company
3M Company is one of the top producers and creators of personal protective equipment and industrial products worldwide. The company's commitment to safety and well-being can be seen in its extensive PPE options, which include high-quality respiratory protection, safety glasses, hearing protection, and a wide range of additional safety solutions. The company offers a comprehensive range of PPE products that cater to diverse industries, from healthcare, manufacturing, construction, oil & gas, food, transportation, firefighting, and others. The Company expands certain businesses from time to time which are aligned with its strategic intent with respect to, among other factors, growth markets and adjacent product lines or technologies. For instance, in May 2022, the company announced an expansion to grow its plant in Valley, Nebraska. The Company is investing approximately USD 58 million to fund the 80,000 square foot expansion that is expected to create approximately fifty new jobs at the facility. This facility is expected to produce respiratory and hearing protection products.
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North America was the largest region for the personal protective equipment market in 2022, in terms of value
The expansion of the personal protective equipment market in the North America region is primarily due to strict regulations regarding workplace safety. The North America healthcare sector is one of the largest in the world. The sector has a significant need for medical personal protective equipment (PPE), including gloves, masks, gowns, and face shields. On the other hand, Asia Pacific is projected to be the fastest growing region in this market during the forecasted period. The Asia Pacific area, which includes China, India, Japan, South Korea, and Southeast Asian countries, has experienced substantial economic expansion in recent decades. This expansion has resulted in greater industrialization, construction, and manufacturing activity, resulting in a significant demand for PPE to safeguard the expanding workforce.
Recent Developments
In 2022, Honeywell International Inc. announced a commercial partnership with AstraZeneca to develop next-generation respiratory inhalers that use near-zero global warming potential (GWP) propellants to treat asthma and chronic obstructive pulmonary disease (COPD).
In 2020, 3M Company expanded its business by increasing its monthly production rate of N95 respirators from thirty-five million respirators to more than ninety-five million respirators as ordered by the US Department of Defense due to the COVID-19 crisis. This will help the company to fulfill the increasing demand for the N95 respirators.
In 2020, DuPont de Nemours, Inc. announced a partnership with Merrow (US) to supply Tyvek material to Merrow for the manufacture of isolation gowns made with Tyvek 1222A as part of the #TyvekTogether program. This partnership will help the company to diversify its product material.
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Personal Protective Equipment Market Segments
Based on type, the personal protective equipment market has been segmented as follows:
Hands & Arm Protection
Disposable Gloves
Reusable Gloves
Others
Protective Clothing
Disposable Protective Clothing
Reusable Protective Clothing
Foot & Leg Protection
Respiratory Protection
Disposable Face mask
Reusable Face Mask
Others
Eye & Face Protection
Head Protection
Others
Hearing Protection
Fall Protection
Based on end-use industry, the personal protective equipment market has been segmented as follows:
Manufacturing
Construction
Oil & Gas
Healthcare
Transportation
Firefighting
Food
Others
Law Enforcement
Utilities
Mining
Military
Sports
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Based on region, the personal protective equipment market has been segmented as follows:
North America
Asia Pacific
Europe
Middle East & Arica
South America
The report provides insights on the following pointers:
Market Penetration:Comprehensive information on the product portfolios of the top players in the Personal protective equipment (PPE) market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Personal protective equipment (PPE) market.
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Acrylic Polymer Market 2024: Size, Overview, Trends, Latest Insights and Forecast - 2026
Acrylic polymers, derived from acrylic acid or its derivatives, are highly sought-after in the chemical industry due to their versatility and performance. They find extensive use in coatings, adhesives, textiles, healthcare, packaging, and construction materials. From providing vibrant colors and durable protection in paints to offering strong bonds in adhesives and sealants, acrylic polymers play a crucial role across various sectors, driving demand for their transparent, flexible, and durable properties.
According to the new market research report "Acrylic Polymer Market for Cleaning Application by Type(Water-borne & Solvent-borne), Application(Laundry & Detergent, Dish Washing, Industrial & Institutional, Hard Surface Cleaning) & Region(APAC, North America, Europe, RoW) - Global Forecast to 2026", published by MarketsandMarkets™, the market is projected to grow from USD 580 million in 2021 to USD 709 million by 2026, at a CAGR of 4.1%.
The Acrylate Polymers market is witnessing significant growth driven by various factors. Technological advancements, coupled with increasing consumer demand, are key drivers propelling market expansion. As awareness of Acrylate Polymers benefits grows, so does adoption across different industries and sectors.
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The water-borne accounted for the largest market share of 93.8% in 2020, in terms of value. Laundry & Detergent is estimated to be the largest application of acrylic polymer market for cleaning application during the forecast period, followed by dish washing in terms of volume. With the increasing population, increasing per-capita income, changing lifestyle, and increasing usage of washing machines across the globe, the demand for laundry detergent is growing, which is subsequently driving the acrylic polymer market for cleaning application. Moreover, increasing demand for liquid dish washing products in hotels, restaurants and food retails, and household applications further supports the growth of the acrylic polymer market.
Browse in-depth TOC on "Acrylic Polymer Market"
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41 – Figures
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Due to the COVID-19 pandemic, there is growing awareness about hygiene and cleanliness in public places, and governments have issued guidelines to take the utmost precaution to avoid the spread of the virus. Thus, the demand for cleaning products in industrial and institutional places has increased significantly across the globe, which in turn supports the growth of the acrylic polymer market for cleaning application. However, due to fluctuating crude oil prices and increasing raw material prices across the globe, the market growth may be restricted in the upcoming years.
Acrylic Polymer Market Key Players
The leading players in the acrylic polymer market for cleaning application are Dow Inc. (US), BASF SE (Germany), Toagosei Co., Ltd. (Japan), Sumitomo Seika Chemicals Co., Ltd. (Japan), Arkema (France), Nippon Shokubai Co. Ltd. (Japan), Ashland Global Holdings, Inc. (US), and others.
Water-borne is the largest segment by type in the acrylic polymer market for cleaning application.
Based on type, the water-borne acrylic polymer segment is estimated to account for the larger share of the overall market. The major factor driving this segment is the high solubility, dispersion in cleaning products, and increasing demand for sustainable products. It also helps to improve the cleaning products performance and efficacy rate, owing to which it is prevalently used in Europe and North America. However, the cost of water-borne is high compared to solvent-borne.
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Brine Concentration Minerals Market Size, Share, Rising Trends, Industry Analysis and Demands by 2029
The report "Brine Concentration Minerals Market by Type (Sodium derivatives, Magnesium derivatives, Calcium derivatives, Potassium dereivatives), Technology (Solar evaporation, NF-RO-MF, Osmotically assisted RO), Application, and Region - Global Forecast to 2029", is USD 1.1 billion in 2024 and is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024.
The growth of brine concentration minerals is propelled by several key drivers that reflect global shifts towards sustainable practices and increasing demand in critical industries. Firstly, the surge in renewable energy projects and electric vehicle adoption fuels the demand for minerals like lithium, potassium, and magnesium, essential components in batteries and lightweight materials. The transition towards cleaner energy sources intensifies the need for energy storage solutions, where brine-derived minerals play a pivotal role. Additionally, the expanding applications of these minerals in sectors beyond energy, such as agriculture, pharmaceuticals, and construction, contribute to heightened demand. The imperative for sustainable practices in resource extraction amplifies the attractiveness of brine concentration methods, particularly those that minimize environmental impact. Geopolitically, strategic resource partnerships and investments in lithium-rich regions, such as the lithium triangle in South America, secure a stable supply chain. Moreover, technological advancements, including innovative extraction processes, enhance the efficiency and cost-effectiveness of brine concentration mineral production.
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222 – Tables
48 – Figures
251 – Pages
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Brine Concentration Minerals Market Segments
On the basis of Type
Sodium derivatives
Potassium derivatives
Calcium derivatives
Magnesium derivatives
Others
"Magnesium derivative by type is projected to be the largest, in terms of value, during the forecast period."
Derived from brine, magnesium derivatives exhibit the potential to command the market due to their versatile applications across diverse industries. Particularly in the automotive sector, magnesium is preferred for its integration into lightweight components, contributing significantly to heightened fuel efficiency and diminished emissions. This usage aligns with industry trends emphasizing sustainable and eco-friendly transportation solutions, thereby generating substantial demand for magnesium derivatives. In agriculture, magnesium derivatives play a pivotal role as valuable fertilizers, addressing soil magnesium deficiencies and fostering optimal plant growth. Additionally, magnesium compounds hold a crucial place in the pharmaceutical industry, finding application in the formulation of medications and dietary supplements, emphasizing their role in promoting health and well-being. Moreover, in the construction realm, magnesium oxide, a derivative, proves valuable as a fire-resistant material, enhancing safety measures and meeting industry standards for robust, fire-resistant construction materials.
On the basis of Application
Metallurgical
Pharmacetical and Food & beverages
Water treatment
Fertilizers
Construction
Others
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"Metallurgical by application is projected to be the largest, in terms of value, during the forecast period."
The potential dominance of the metallurgical segment within the brine concentration minerals market arises from the utilization of specific minerals derived from brine in the production of refractories. Refractories, renowned for their heat-resistant properties crucial in industrial processes like metal smelting and glass manufacturing, commonly integrate minerals such as magnesium oxide, calcium oxide, and alumina extracted from brine. These minerals significantly enhance the refractory materials' capacity to endure high temperatures and severe conditions inherent in metallurgical applications. The robust demand for refractories in the metallurgical sector, encompassing pivotal processes like steel production and non-ferrous metal processing, emerges as a primary catalyst driving the prominence of the metallurgical segment in the brine concentration minerals market. The anticipated expansion of the global steel industry and intensified metallurgical activities is poised to amplify the need for brine-derived minerals incorporated into refractories, solidifying the metallurgical segment's standing as a substantial and influential market segment within the broader domain of brine concentration minerals.
On the basis of Technology
Solar evaporation
NF-RO-MF
Osmotically assisted RO (OARO)
Others
"Solar evaporation by technology segment is projected to be the largest, in terms of value, during the forecast period."
Solar evaporation technology stands out for brine mineral extraction due to its cost-effectiveness, relying on minimal infrastructure and harnessing natural solar energy, which reduces operational expenses. Its simple process allows for swift implementation, leading to shorter setup times and lower initial capital investments. Recognized for its environmental friendliness, solar evaporation avoids the use of chemical reagents and minimizes energy consumption, aligning with sustainability goals. Particularly advantageous in regions with high solar radiation, such as the lithium triangle (Chile, Argentina, Bolivia), this method targets a range of minerals, including lithium, potassium, magnesium, sodium, and calcium, depending on the specific brine source characteristics. Overall, solar evaporation emerges as an efficient, eco-friendly, and regionally adaptable technology for mineral extraction from brine, addressing the diverse needs of industries and aligning with contemporary sustainability objectives.
On the basis of Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
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"Asia Pacific is expected to be the fastest growing market for brine concentration minerals during the forecast period, in terms of value."
Asia Pacific emerges as the brine concentration minerals market's fastest-growing region, driven by a convergence of factors that highlight its economic vitality and strategic significance. The region is a hub for vigorous industrial activities, spearheaded by China. The nation's robust manufacturing, rapid urbanization, and expansive infrastructure projects significantly propel the demand for brine-derived minerals across varied industries. China, a global leader in electric vehicle consumption and renewable energy initiatives, fuels the market's expansion, aligning with international sustainability trends. Furthermore, Asia Pacific possesses substantial lithium resources, particularly in Australia and China, establishing a reliable supply chain for the burgeoning electric vehicle and energy storage sectors. Active involvement in strategic partnerships and investments in the lithium-rich lithium triangle, encompassing Chile, Argentina, and Bolivia, enhances the region's standing as a vital source for lithium. Agricultural pursuits in countries like India and China further bolster the demand for brine-derived minerals, serving as fertilizers to address soil nutrient deficiencies. This focus on enhancing agricultural productivity mirrors Asia Pacific's commitment to achieving food security. In geopolitical terms, the region's strategic collaborations and investments in lithium-rich regions secure resource access, guaranteeing a steady supply of brine concentration minerals. This strategic foresight positions Asia Pacific as a pivotal player in the global brine concentration minerals market, solidifying its role in driving industry growth.
Brine Concentration Minerals Market Key Players
The key players in this market are Magrathea (US), Olokun Minerals (US), Albemarle Corporation (US), Ganfeng Lithium Group Co., Ltd. (China), Arcadium Lithium (US), ICL Industrial Products (Israel), SQM S.A. (Chile), Solvay (Belgium), SEALEAU (Netherlands), and Konoshima Chemical Co., Ltd. (Japan) etc.
Magrathea
Founded in 2022, Magrathea, headquartered in the San Francisco Bay Area, US is a pioneering force in the magnesium industry, driven by a mission to revolutionize structural metal production's environmental impact. Specializing in magnesium extraction from seawater, their proprietary electrolysis technology not only yields high-purity magnesium but also captures atmospheric carbon dioxide, ensuring a carbon-negative footprint. While initially focusing on lightweight magnesium applications for automotive and aerospace industries, Magrathea's global potential lies in its unique approach, circumventing traditional land-based mining and enabling operations anywhere with access to abundant seawater resources. Beyond magnesium production, the company is committed to a circular economy, exploring efficient recycling methods, and offering consulting services in decarbonization and hydrometallurgy for a broader sustainable impact on metal industries. Magrathea's product offerings span high-purity magnesium metal for fuel efficiency and emission reduction, customized magnesium alloys with enhanced properties, and technical expertise through consulting services. Their technological prowess encompasses advanced electrolysis, making seawater magnesium production commercially viable and environmentally friendly, and deep hydrometallurgical know-how applicable not only to magnesium but potentially to other metals. Magrathea Metals Inc. stands as a young, ambitious force with a global vision, offering innovative solutions to transform the metal industry into a more sustainable and environmentally conscious landscape. The company is currently operating in the North America region specifically in the US.
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The report provides insights on the following pointers:
Market Penetration:Comprehensive information on the product portfolios of the top players in the Brine Concentration Minerals market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Brine Concentration Minerals market.
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High-Performance Fluoropolymers Market SWOT Analysis, Size Comprehensive Analysis, Growth Forecast
The High-Performance Fluoropolymers Industry is a sector of the chemical industry that focuses on the production and use of high-performance fluoropolymers. Fluoropolymers are a type of polymer that contain fluorine atoms in their molecular structure, which gives them unique properties such as high chemical resistance, high temperature resistance, low friction, and non-stick properties. High-performance fluoropolymers are used in a variety of industries such as automotive, aerospace, electronics, chemical processing, and medical devices. They are used to create products such as wire and cable insulation, fuel hoses, gaskets, seals, bearings, and coatings.
The high-performance fluoropolymer (HPF) market is projected to grow from USD 3.7 billion in 2021 to USD 5.1 billion by 2026, at a CAGR of 6.8% during the forecast period. The growth of the high-performance fluoropolymers industry can be attributed to its high demand from various end-use industry and growing demand from renewables. The report describes the profile of the top manufacturers of the global High-Performance Fluoropolymers market. It also covers segments such as competitor segment, form segments, type segment, end use/application segment, and geography segment. The authors of the report have examined market demand, turnover, production and growth potential, geographic analysis, as well as current market developments in various regions and countries.
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High-Performance Fluoropolymers Market Drivers
The high-performance fluoropolymers market is driven by several factors, including:
Growing Demand from Various Industries
Rapid Industrialization
Technological Advancements
Growing Demand for Lightweight and Fuel-Efficient Vehicles
Increasing Demand for High-Performance Plastics
Stringent Regulations
Growing Demand for Medical Devices
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High-Performance Fluoropolymers Market Top Key Players
Chemours Company (US)
Daikin Industries, Ltd. (Japan)
3M (US)
Solvay (Belgium)
AGC, Inc. (Japan)
The Dongyue Group (China)
GFL Limited (India)
Halopolymer (Russia)
Fluoroseals SpA (Italy)
Hubei Everflon polymer (China)
AGC (Japan) was one of the key players in the HPF market in 2020. It is primarily engaged in the production and marketing of glass, electronic materials, chemicals, and ceramics globally.
The Chemours Company is one of the leading providers of performance chemicals. It is a pioneer in fluoropolymers products and has renowned brands, namely, Teflon, Zonyl, and Tefzel, that have acquired a significant share in the market.
Gujarat Fluorochemicals Limited (GFL) is a market leader in fluoropolymers, industrial gases, chemicals, energy, and entertainment. It was the fourth-largest producer of PTFE globally in 2020 and had a sales & distribution network across 50 countries across the globe.
Recent Developments
In November 2020, AGC Inc. expanded the production capacity of Fluon+EA-2000 fluorinated resin by establishing a new production facility in Japan. The expansion aims to meet the growing demand for a 5G network.
In October 2019, Solvay provided Halar ECTFE based water-borne coating system to Southwest Impreglon. Halar ECTFE provides corrosion protection to uneven surfaces, pipe interiors, vessels, tanks, and containers. This partnership aims to meet the customer-specific needs of coating redesigned equipment.
In May 2019, Dongyue Group announced plans to expand the dispersion resin and concentrated emulsion PTFE production capacity of its Zibo plant in China. This expansion has been undertaken to cater to the growing demand for PTFE from Europe, North America, South America, and Southeast Asia.
In March 2019, Solvay launched the Halar ECTFE anti-corrosion coating system that exhibits the properties of Halar ECTFE. It caters to various industries such as food & beverage, pulp & paper, semiconductor, mining, and pharmaceutical. This development aims to provide improved work environment conditions for the production line and sprayers.
In 2018, AGC Inc. expanded the production capacity of Fluon+EA-2000 fluorinated resin by establishing a new production facility in Japan. The expansion aims to meet the growing demand for a 5G network.
In August 2017, Daikin Industries established Daikin Chemical Southeast Asia Co., Ltd. (China). This expansion is aimed to expand its fluoropolymer business in Southeast Asia.
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High-Performance Fluoropolymers Market Segmentation
PTFE accounted for the largest share in total HPF market
PTFE is the most widely used type of HPF and accounted for the largest market share. There is an increase in the use of dispersion and fine powder PTFE, for various applications, especially in North America and APAC. It is used in a wide range of applications such as semiconductor, automotive components, electrical appliances, and non-stick cookware. The growing applications in the electrical & electronics industry are expected to trigger the demand for PTFE, especially in advanced batteries and fuel cells.
Granular/ Suspension segment accounted for the largest market share in the HPF market
HPF market is segmented into various forms such as suspension/granules, Fine powder & dispersion, and micropowder. HPF in the form of suspension/granules dominate the market. HPF exhibit excellent properties, such as good insulation, low surface energies, and high resistance to oils, UV radiation, chemicals, water, and corrosion.
Coatings & Liners segment accounted for the largest market share
Based on applications, the HPF market is segmented into coatings & liners, components, films, and additives. The market in coatings & liners is estimated to account for the largest share during the forecast period.
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Electrical & Electronics segment accounted for the largest market share
HPFs market is segmented on the basis of end-use industry as industrial processing, transportation, medical, electrical & electronics, and others. The increased usage of HPF in wire coatings, cable coatings, fiber optics, and electrical systems in aircraft, computers, and other applications.
Table of Contents:
Executive Summary
Scope/opportunities of the High-Performance Fluoropolymers Market Report
Research Methodology
High-Performance Fluoropolymers Market Landscape
SWOT Analysis
Market Sizing
High-Performance Fluoropolymers Market Segmentation
Customer Landscape
Regional Landscape
Business Decision Framework
Drivers And Challenges
Aerosol Cans Market Key Trends
Players Landscape
Players Analysis
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Reverse Osmosis (RO) Membrane Market Size, Share, Key Drivers and Restraints, Regional Outlook
According to the new market research report "Reverse Osmosis (RO) Membrane Market by Type (Thin-film Composite Membranes, Cellulose Based Membranes), End-use Industry (Water & Wastewater treatment, Industrial Processing), Filter Module, Application, and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global RO Membrane Market size is projected to reach USD 5.0 billion by 2026 from USD 3.1 billion in 2021, at a CAGR of 10.0% during the forecast period.
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237 – Pages
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The growing requirement for RO membrane in water & wastewater treatment is driving the market. In addition, increasing water scarcity and evolving government regulations mandating treatment of industrial and municipal wastewater are also driving the RO membrane market. The increase in demand for industrial process water and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market.
Based on type, thin-film composite membranes is estimated to be the largest market in the overall RO membrane market in 2021.
Thin-film composite membranes are widely for water & wastewater treatment. Thin-film composite membranes are semi-permeable membranes that are manufactured primarily for use in water purification or desalination systems. These membranes have high rejection for undesirable materials such as metal ions and salts, good mechanical strength, and high filtration rate. In addition, these membranes possess good chemical and mechanical stability and portray excellent membrane formability characteristics.
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Based on end-use industry, water & wastewater treatment is expected to be the largest RO membrane segment in 2021.
Water & wastewater treatment segment is estimated to be the largest end-use industry for the RO membrane market. Water scarcity and growing regulations mandating wastewater treatment and reuse are driving the market for the water & wastewater treatment segment. Increasing demand for potable water from countries such as China, India, Brazil, and others have also led to the large market size. In addition, increasing desalination activities in countries such as Saudi Arabia, the UAE, India, China, the US, and others are expected to further drive the market for water & wastewater treatment.
Based on region, APAC is projected to grow the fastest in the RO membrane market during the forecast period.
APAC is projected to be the fastest-growing region amongst others in the RO membrane market during the forecast period, in terms of value. Increasing government initiatives in providing water access to all, rise in population, and increased urbanization are driving the market in APAC. China, Japan, and India are the major markets in this region. In addition, growing industrial activities, residential & commercial sector growth in countries such as Singapore, China, Malaysia, Thailand, Vietnam, Indonesia, India, and others, are also driving the market growth of water & wastewater treatment in the RO membrane industry.
Reverse Osmosis (RO) Membrane Market Key Players
The key players in the RO Membrane Market include DuPont Water Solutions (US), Toray Industries (Japan), Suez Water Technologies and Solutions (US)France), Hydranautics (US), LG Chem (South Korea), Koch (US), Mann Hummel Water & Fluid Solutions (Germany), Membranium (Russia), and Toyobo Co. Ltd. (Japan). These players have established a strong foothold in the market by adopting strategies, such as new product launches, investment & expansions, agreements, joint ventures, partnerships, and mergers & acquisitions.
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DuPont Water Solutions (US) has gained a strong foothold in the RO membrane market. The company has a strong product portfolio for RO membrane. The company operates through its multiple production sites and has extensive R&D infrastructure, which helps the company attain economies of scale. The company focuses on both organic and inorganic growth strategies, with a stronger emphasis on investment & expansion, new product launch, merger & acquisition and agreement and collaboration which helped it to become market leader in competitive environment of RO Membrane market. In January 2020, the company launched dry-tested seawater reverse osmosis elements which will enable transition from wet to dry testing and increase shelf life and flexibility for storage. It aims to exceed membrane performance standards and achieve long-term operational benefits.
Hydranautics (US) is another major player operating in the market. The company has a strong global presence and offers a wide range of innovative RO membranes. The company focuses on organic growth strategies for strengthening its market position for increasing its geographical footprints and strengthen product portfolio and hence, widening its presence in various regions such as APAC and North America and increasing its revenue. New product launch is the key strategy adopted by the company to sustain in highly growing reverse osmosis membrane market. In October 2019, the company launched new specialty membrane named PRO SERIES. The product is available in five different range with distinct features such as high chemical tolerance, high fouling resistance, extra ion selectivity, ability to handle high feed pressure. The PRO-series is combination of RO-NF membrane solutions for treating industrial wastewater. This development helped the company increase its reach and presence further in the industrial sector.
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The report provides insights on the following pointers:
Market Penetration:Comprehensive information on the product portfolios of the top players in the Reverse Osmosis (RO) Membrane market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Reverse Osmosis (RO) Membrane market.
Why Choose MNM?
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Customization: Customization of the report’s scope as needed to meet your requirements in full
Phenol Derivatives Market SWOT Analysis, Size Comprehensive, Growth Forecast by 2026
The report "Phenol Derivatives Market by Derivatives (Bisphenol derivatives-A, Phenolic Resins, Caprolactam, Alkylphenol, and Other Derivatives), by Region - Global Forecast to 2026", The global phenol derivatives market is projected to reach USD 19.78 Billion by 2026, at a CAGR of 4.6% from 2016 to 2026.
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This growth is driven by rising demand from Asia-Pacific region due to highly industrialized countries, such as China. Phenol derivatives are preferred for the production of polycarbonates, epoxy resins, bakelite, and nylon.
Phenol Derivatives Market Segments
On the Basis of Derivatives:
Bisphenol-A
Phenolic Resin
Alkylphenol
Caprolactum
Others
Bisphenol -A: The most-widely used derivative of phenol derivatives
Bisphenol-A is a phenol derivative commonly used for producing polycarbonates and epoxy resins. The bisphenol-A is the most-widely used derivative of phenol. Polycarbonate finds application in food and drink packaging such as water & baby bottles, compact discs, impact-resistant safety equipment, and medical devices. Further, epoxy resins used to coat metal products such as food cans, bottle tops, and water supply pipes. BPA is also be found in certain thermal paper products, including cash register and ATM receipts.
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