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Aramid Fiber Market Size 2021 Analysis, Segmentation, Future Demand And Forecast To 2028
June 30, 2022 6:26 - no comments yetMarket Potential and Pitfalls
The aramid fiber market is fueled by the soaring demand for protective clothing from the industrial and military & defense sectors. The flame-resistant and heat-protective properties of aramid fiber have resulted in its increased demand from the defense sector for counterterrorism strategies and homeland security. Aramid fiber is extensively used in ballistic applications like protective gloves and bulletproof vests, which is further estimated to encourage the market growth in the coming years. The product also finds application in the automotive sector for making belts, hoses, gaskets, belts, tires, gaskets, clutches, brake pads, and others. It helps to enhance the safety, performance, and durability of the automotive, which influences its growth globally. The global aramid fiber market, as per a report by Market Research Future (MRFR) is touted to register a healthy CAGR during the forecast period (2021-2028).
Aramid Fiber Suppliers is considered an excellent substitute for asbestos and steel and is thus extensively used in the construction sector. The fiber is also used in the manufacturing of consumer goods like AC, refrigerator, washing machine, and others to make them lightweight and strong, thus catalyzing the market growth.
On the contrary, aramid fiber is non-biodegradable, and its production cost is high. These are the major concerns vitiating the market growth in the coming years.
Regional Frontiers
Geographically, the aramid fiber market spans across North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa.
Considering the global scenario, the Asia Pacific is considered to register the fastest growth in the global market due to the booming aerospace, industrial, and military sectors in the region. The soaring demand for lightweight, durable, and efficient automotive among the consumers is considered to influence the regional market’s growth. The production and sales of consumer goods in the region are significantly higher than the other regions, which is further estimated to catalyze the market.
North America bags the second position in the global market owing to the surging demand from the automotive and defense sectors. In this region, the U.S. is considered one of the major military powers, which is estimated to influence product demand. Moreover, the current boom in the automotive sector, coupled with rising disposable income, are considered to encourage the market growth in North America.
Europe is likely to register a significant growth due to the surging demand from Western European countries like France, Germany, and the U.K. Strict safety mandates across end use industries like oil and gas, construction, aluminum, and steel is influencing the demand for protective clothing, thereby augmenting the demand for the product in the region.
Global Aramid Fiber Market: Segmental Analysis
By type, the Aramid Fiber Market Size is segmented into meta-aramid, para-aramid, and others. Of these, the para-aramid segment will acquire a significant share in the global market. Para-aramid fiber has gained huge prominence over the past few years across applications like wire and cables, ballistic protection, race cars, hose reinforcement, and protective gloves. Rising demand for these products is likely to accelerate the market growth in the segment.
By application, the aramid fiber market is segmented into frictional materials, security & protection, optical fiber, rubber reinforcement, electrical insulation, and others. Of these, the security & protection application segment is predicted to gain prominence as aramid fibers are highly preferred in this application owing to the rising concerns over the protection of personnel in industrial and military sectors.
By end use industry, the aramid fiber market is segmented into automotive, aerospace & defense, marine, consumer goods, and others. Of these, the aerospace & defense sector is predicted to gain prominence due to several benefits such as weight reduction compared to conventional materials, high impact resistance, and high damage tolerance.
Competitive Dashboard
The top players operating in the global aramid fiber market include Yantai Tayho Advanced Materials Co., Ltd (China), TEIJIN LIMITED (Japan), Toray Chemicals Korea Inc. (South Korea), HYOSUNG (South Korea), Kolon Industries, Inc. (South Korea), KERMEL (France), China National Bluestar (Group) Co. Ltd. (China), Huvis (South Korea), IBIDEN CO., LTD. (Japan), and SRO Aramid (Jiangzu) Co., Ltd. (China).
Ink Solvent Industry Report Includes Dynamics, Products, and Application 2021 – 2028
June 30, 2022 6:11 - no comments yetMarket Scope
Market Research Future (MRFR) expects the ink solvent market size to expand at a considerable rate between 2021 and 2028 (assessment period).
Prominent Boosters and Challenges
The ink solvent industry relies primarily on the packaging industry and its growth. Therefore, the rapid surge in the packaging sector worldwide has been quite favorable for the ink solvent Industry; owing to its extensive applications as well as its high resistance to adverse weather conditions. Ink solvents are widely used on packages of several types. Moreover, the market for bio-based printing inks has been scaling new heights due to their ecofriendly nature and the lack of any toxic substances. Currently, majority of bio-based printing ink solvents are developed from sugars, rice bran oil, polysaccharides and dextrin, and can note robust demand in the next several years.
Ink solvents offer a host of appealing benefits, including high solvency, solvent stability, good flow, phenomenal gloss, dilutability, and also provide significant surface appearance as well as ink performance. These properties continue to enhance its demand in different applications across the globe. The rapid increase in textile printing and advertising media applications should present lucrative opportunities to the leading players in the global market.
Rampant demand for versatile, fast-drying and durable inks for commercial publications, printing, corrugated cardboards, consumer-specific needs and packaging will act as major growth boosters in the years ahead. Also, the growing requirement for high function eco-friendly inks within the printing sector should ensure consistent growth of the ink solvents industry over the forthcoming period.
Segmentation Insight
Ink solvent industry has been segregated with respect to chemistry type, product type, process, and application.
In terms of chemistry type, the key categories are acetates, hydrocarbons and alcohols.
The major product types considered in the report include green & bio-based and conventional. The green and bio-based product segment is in the lead, given the significant demand for cost-effective and low emission inks among textile and packaging manufacturers. Moreover, the imposition of strict government standards that pertain to environment conservation will enhance the demand for these types of ink solvents.
The processes listed in the market study are gravure and flexographic. The flexographic segment should emerge on the top, owing to the extensive use of printing metallic films, cellophane, plastics and several smooth substrates needed in different types of packaging. It is also ideal for high-quality printing format and wide format printing. The highest demand for flexographic printing can be witnessed in the food packaging segment.
The market applications studied are publication, corrugated, packaging, among others.
Regional Status
Ink solvent market has been regionally considered for APAC or Asia Pacific, Europe, North America, MEA or Middle East & Africa and Latin America.
Asia Pacific has taken the lead with the biggest share in the global industry, thanks to the escalating use of ink solvent in publication, corrugated, packaging, to name a few. Enhanced preference for packaged food among consumers and the surge in research and development activities to produce ink solvents with better features should ensure APAC retains its top position throughout the given period. Japan, India and China are the market leaders in the region, given the rise in digitalization and urbanization that bolsters the demand for ink solvents.
North America will procure a high position in the global market as well, in view of the frequent mergers & acquisitions and partnerships taking place between ink solvent manufacturers in the region. It is expected that rising spending by major industries, especially the packaging sector in Canada, Mexico and the US will facilitate excellent market growth in the following years.
The European market is set to perform remarkably well in the coming years, largely due to the implementation of strict regulations by the government with respect to bio-based ink solvents for producing transparent and glazed paper. The regional market also gets a boost from the escalating product use in corrugated, publication and packaging segments while the surge in technological innovations will also ensure further revenue generation. Some of the key markets in the region are the U.K, Germany, France and Italy.
The market in Latin America will experience stupendous development over the next few years, given the rise in publications as well as promotion activities in various industries, especially in food & beverage. The market in the region will also be encouraged by the soaring number of research & development activities by the end-use sectors.
Prominent Companies
The affluent companies operating in the market for ink solvent are Ashland (U.S.), Royal Dutch Shell plc (the Netherlands), Celanese Corporation (U.S.), INEOS (U.K.), Arkema S.A. (France), Evonik Industries AG (Germany), BASF SE (Germany), OMNOVA Solutions Inc (U.S.), The Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.), to mention a few.
Cosmetic Antioxidants Market Size 2021 Competitors, Business Overview, Distributors Forecast to 2028
June 30, 2022 5:54 - no comments yetMarket Synopsis
According to MRFR analysis, the global Cosmetic Antioxidants Market is expected to reach around USD 212 million by the end of 2028 at a CAGR of 6%.
Cosmetic antioxidants are natural and chemically derived antioxidants used in various target markets for cosmetics products such as skincare, haircare, and makeup. Antioxidants are naturally made from vitamins and minerals that include vitamin A, vitamin C, vitamin E, butylated hydroxyanisole (BHA), carotenoids, and butylated hydroxytoluene (BHT), amongst others. These antioxidants are widely used in various anti-aging, anti-inflammatory, UV protection, moisturizing, and hair conditioning products.
Growing personal care and cosmetics industry, aging population, increase in online purchase, and high demand from emerging economies are some of the factors expected to propel the growth of the global cosmetic antioxidants market. Furthermore, the advancements in technology, R&D,and rising demand for natural antioxidants further fuel the development of the global market. However, the high cost of natural antioxidants and rising concerns over synthetic antioxidants hamper the growth of the market.Further, increasing use of natural and green ingredients, followed by the increasing trend of chemical-free food products driving the demand for organic cosmetic and personal care products. Moreover, owing to such growing concerns, there are new certifications introduced in the market compiling the natural products requirement. For instance, Natural Products Association (NPA) designed a regulatory framework - Natural Standard Certification for Personal Care Products. Another prominent trend observed in the market is a continuous focus on multifunctionality as product development. Although multifunctionality is a relatively old trend in the market, it is being extended towards the newer products in the market. With changing lifestyles, consumer needs are evolving toward multifunctionality in various personal care product categories.
Competitive Landscape
The global Cosmetic Antioxidants Market Size is consolidated with the presence of numerous global, regional, and local players, with prominent players holding the majority share of the market. Some prominent players include BASF SE, Koninklijke DSM N.V., Wacker Chemie AG, Eastman Chemical Company, Lonza Group, Croda International Plc, Ashland Global Holdings, Evonik Industries AG, Kemin Industries, Inc., and Barentz International BV, amongst others. Manufacturers focus mainly on acquisitions, jointventures, and partnerships with key stakeholders to gain a competitive advantage over other players.Furthermore, producers are increasingly focusing on a strategic alliance with stakeholders, new product development,and expansion of production capacities to gain a maximum share of the global market. Moreover, due to the coronavirus outbreak globally, theglobal market has witnessed a decline in demand.
Segmentation
By Source
- This segment has been further segmented into natural and synthetic.
- The synthetic segment accounts for the largest market andis expected to witness healthygrowth during the forecast period owing to its growing usage of synthetic antioxidants globally, and low cost of raw material and production compared to natural antioxidants.
- The naturalsegment is expected to witness the fastest growth during the forecast period in terms of value. This growth is attributed to the increased demand for natural products in the cosmetic and personal care industry and increasing consumer inclination towards natural products.
By Type
- This segment has been further bifurcatedintovitamins, carotenoids, polyphenols, enzymes, and others.
- The vitamin segment accounted for the largest market and is expected to record the fastest growth during the forecast period, which is mainly attributed to the health benefits offered by vitamins to the skin and hair.
- The carotenoid segmentis expected to witness healthy growth during the forecast period due to its growing usage in anti-aging products. It enhances the appearance of dry or damaged skin by reducing flaking and restoring suppleness.
- Polyphenols are highly preferred due to their growing usage as anti-inflammatory, anti-aging, antimicrobial, and supporting activity in solar photoprotection.
- Enzymesare highly used in the cosmetic and personal care industry for resurfacing and skin smoothing.
- Other segment includesproducts such as butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), retinol, tert-butylhydroquinone (TBHQ), and propyl gallate (PG), among others.
By Application
- This segment has been further divided into skin care, hair care, and makeup.
- The skin care segmentholds the largest share of the global cosmetic antioxidants market owing to the increased demand for cosmetic antioxidants in skin care products such as moisturizers, sun-screen lotions, anti-aging products, etc.
- The haircare segmentis expected to witness significant growth in the global cosmetic antioxidants market owing to its growingapplication in hair conditioners, shampoos, hair cleansing products, etc.
- The makeupsegment includes applications such as foundation, lipsticks, fragrances, etc.
By Region
- North America:Market growthisdriven bythe presence of a large-scale cosmetic and personal care industry, an aging population, and increasing awareness among consumers about self-care.
- Europe: Established cosmetic industry and strong foothold of leading manufacturers are driving the market in the region.
- Asia-Pacific: This is the largestandfastest-growingregionalmarket owing to the rising cosmetic and personal care industry, increasing government investments, and emerging economies such as India, China, and Thailand.
- Latin America:The growing demand is due to the growing personal care and cosmetic industry in the region, especially in Mexico and Argentina.
- Middle East & Africa:High level of disposable incomes, increase in affinity for cosmetics among the youth population, and significant spending on mass and premium cosmeticsare fuelingthedemand for Cosmetic Antioxidantsin the region.
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silicone sealants industry 2022 Is Booming Across The Globe By future, Key Segments And Forecast To 2030
June 30, 2022 5:07 - no comments yetMarket Overview
Silicone sealants are the viscous materials which are widely used as a silicone sealant. The silicone sealants are highly stable, inert, and resistant to extreme work environments. The silicone sealants differ from the common adhesives in terms of the elasticity, strength and durability. The substantial physical properties exhibited by the silicone sealants includes the high withstand ability for a wider range of temperature (75°F to 500°F) as compared to nearly all other sealants, great elongation, high wear and tear strength, and high flexibility.
Market Segmentation
The global silicone sealants industry has been segmented on the basis of technology, end-use, and region.
Based on technology, the global silicone sealants market has been segmented into pressure sensitive, radiation curing, ambient temperature vulcanizing, thermoset and others. Among these, the pressure sensitive segment is projected to be the leading segment on account of its ability to adhere to most surfaces with requirement of slight pressure and retain their tackiness.
By end use, the global silicone sealants market has been categorized into construction, automotive, electronics, aerospace, consumer goods, industrial assembly, and others. The construction sector held the major market share in 2022 owing to the expanding construction sector in the emerging economies of China, India, and Thailand. The product is widely used in the construction industry in housing, windows, sanitary fittings, roofing and roof plumbing applications.
Regional Analysis
The global silicone sealants market has been segmented across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at the highest CAGR owing to the rising product demand in the construction and electronics industries. In addition, industrial silicone sealants are widely used in rapidly growing automotive industry in this region. This is expected to fuel the market growth in the region during the review period.
North America is expected to witness significant growth during the forest period. This is mainly due to the advancements in the construction industry along owing vast reconstruction activities in this region to meet the sustainability demands.
Competitive Analysis
The leading players in the global silicone sealants market are Wacker Chemie AG (Germany), 3M (US), Shin-Etsu Chemical Company (Japan), H.B. Fuller (US), Sika AG (Switzerland), Bostik (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC (US), Mapei (Italy), American Sealants, Inc. (US), Momentive (US), McCoy Soudal (India), ALSTONE (India), Pecora Corporation (US), and Adshead Ratcliffe & Co Ltd. (UK), among others.
Calcite industry | Key Players, SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2027
June 30, 2022 4:58 - no comments yetOverview
The calcite market is projected to grow at a high CAGR during the forecast period. As per the calcite market research report, the global market for calcite is projected to grow swiftly by 2027. According to analysts, high purity and non-toxic properties as well as the replacement of conventional titanium dioxide (TiO2) will drive the market growth during the forecast period. The calcite market research report offers a comprehensive analysis of the global calcite market and its region, application, form, and type segments. The slow demand along with slow economic growth in some regions are the elements that could influence the calcite market advancement throughout the forecast period. The calcite market research report by expert analysts is developed to assist organizations in the calcite market.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for calcite are predominantly covered in the global Calcite industry research report. Country-level calcite markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level calcite markets are covered in the report. In Asia-Pacific (APAC) region, the country-level calcite markets covered are Japan, India, China, and others. The calcite market research report also explores the regional market for calcite present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The calcite market research report also covers regional markets from the rest of the world alongside calcite markets of Africa and the Middle East.
Industry News
The large molluscan known as the mole of California takes its place from Mexico to Alaska in the rocky coast along the Pacific coast. Mytilus californianus, known to be a 'ground' animal, provides homes for hundreds of other animals and a rich source of food for species ranging from spiny to human lobsters. Women at San Diego University of California find that the composition of California mussel shells is deteriorating as the waters off the coast become more tolerable to acidic conditions as the effects of human beings shift.
Competitive Landscape
The growing use of products in the construction industry are presumed to drive the calcite market growth worldwide. The global calcite market could be challenged by poor supply chain efficiency, nevertheless, organizations in the calcite market will carry the growth rate forward. The calcite market research report presents company profiles of major companies active in the calcite market globally. Furthermore, the global calcite market report offers an all-inclusive analysis of the market collected from the calcite market’s primary and secondary sources covering both decision makers and thought leaders. The calcite market research report highlights such key areas assisting businesses operating in the calcite market to build better growth strategies.
Market Segmentation
The global Calcite Market has been segmented based on region, application, form, and type. On the basis of application, the market for calcite value is segmented based on adhesives and sealants, cement, glass and ceramics, and animal feeds. Additionally, the market on the basis of form, is segmented into powder, granule, and slurry. The global market for calcite is also covered based on type segment which is further split into PCC and GCC.
Major elements such as price volatility could obstruct the calcite market growth. However, according to the calcite market research report, increasing demand of the product in agriculture along with demand in the paper industry will propel growth throughout the forecast period. The calcite market is set to register growth at a high CAGR owing to these key factors. The exploration of region, application, form, and type segments along with regional markets has been given in the global calcite market research report. The research analysts studying the calcite market have put out market forecasts in the calcite market research report in order to support calcite market-based companies. The calcite market research report provides an extensive understanding of the calcite market based on the information and forecasts till 2027.
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