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Acetic Anhydride Industry Overview 2022 | Consumption Status and Prospects Research report
Dicembre 17, 2021 8:48 - no comments yetMarket Overview
Acetic anhydride is a clean, colorless liquid with a strong odor of vinegar. It is soluble in water. Acetic Anhydride Market is widely used as a wood preservative for making durable timber. It is used in various applications such as filter tows, fiber, plastics, dyes, pesticides, flavors, fragrances, and others. The major application of acetic anhydride is the formation of cellulose acetate, which is driving the demand for the product. Cellulose acetate is mainly used in the manufacturing of cigarette filters, photographic films, coating materials, and others. The rising demand for acetic anhydride in pharmaceuticals as an intermediate is the major factor driving the growth of the market. Extensive use of acetic anhydride in the production of aspirin and paracetamol, effective for generic disease such as cold, fever, and bodily pain. The increasing use of flavors and fragrances in food and beverage industry is another factor fuelling the market growth. Moreover, the product is used for the manufacturing of tetraacetylethylenediamine (TAED), a bleach activator used in laundry detergent. It acts as a solvent and key ingredient in pesticides such as acephate and other herbicides. Spandex, a light-weight fiber, generally used in manufacturing of swimwear and sportswear. The spandex are manufactured by polytetramethylene ether glycol, which uses acetic anhydride. However, the increasing awareness about ill-effects of cigarettes coupled with stringent governmental regulations may challenge the market growth. Nevertheless, the radiolabelling of proteins and viruses in mammalian tissue culture is anticipated to be one of the emerging opportunities in the global market.
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Competitive Analysis
Some of the important manufacturers in the global acetic anhydride market are
- Celanese Corporation (U.S.),
- BASF SE (Germany),
- Eastman Chemical Company (U.S.),
- Jubilant Life Sciences Ltd. (India),
- DuPont (U.S.),
- Merck KGaA (Germany),
- Bufa Chemikalien Gmbh & Co. KG (Germany),
- Daicel Corporation (Japan),
- Fischer Chemic (India),
- Hudson Chemical Corp (U.S.),
- Mil-Spec Industries Corporation (U.S.),
- Aldon Corporation (U.S.),
- Laxmi Organic Industries Ltd. (India),
- Atanor SCA (Argentina),
- Jiangsu Danhua Group Co. Ltd (China).
Market Segmentation
The global acetic anhydride market is segmented on the basis of application, end-user, and region.
On the basis of the application, the global market is segmented into cigarette filter, chemical intermediate, coating materials, dye, flavors & fragrance, pesticides, synthesizer, and others.
Based on the end-user, the global market is categorized into pharmaceuticals, textiles, agrochemicals, food & beverages, and others.
Regional Analysis
The global acetic anhydride market is segmented into five major regions: North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
North America is leading the global acetic anhydride market owing to the high production of the product in this region. Many of the major acetic anhydride producing companies are located in the U.S. The increasing demand for acetic anhydride from the major applications such as cellulose acetate and pharmaceuticals in this region is likely to fuel the market growth during the assessment period. The U.S. implemented acetic anhydride regulation to reduce the availability of heroin in 1989 as it is a precursor to the drug production. Moreover, the FDA limits the use of acetic anhydride to 2.5% in food starch. These stringent regulations are likely to hinder the market growth in this region.
Followed by North America, Asia Pacific is expected to emerge as the fastest growing region in the global acetic anhydride market. China is the major manufacturer of acetic anhydride due to the low production cost and abundance of labor. Similar to North America, China has implemented the “UN Convention on Drug Precursors,” wherein the signatories subject to strict licensing for production, sales, purchase, and transportation of such precursor chemicals. India is likely to witness a significant growth of the market owing to the increasing demand from textiles, pharmaceuticals, and polymer industries.
The regional market of Europe is mainly driven by the product used in tetraacetylethylenediamine (TAED) for laundry detergent and cellulose acetate for cigarette filters.
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Cellulose Acetate Industry Perspective, Comprehensive Analysis, and Forecast 2022 – 2030
Dicembre 17, 2021 8:38 - no comments yetMarket Overview:
Cellulose Acetate is available in two types namely fiber and plastics. The fiber segment dominated the market in 2016 owing to its easy availability. The fiber type cellulose acetate held major of the global market share in 2016 due to its extensive use in the manufacturing of cigarette tows and textiles. Acetate fibers are fast-drying, wrinkle resistant, and soft used for dresses, draperies, carpets, umbrellas, and others. It is used in the manufacturing of cigarette tows due to its high heat stability, high absorptivity, and biodegradability. The biodegradable nature of cellulose acetate is likely to offer substantial opportunities to the plastic type cellulose acetate in the mature markets such as the U.S.
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The application segment includes textiles & apparel, cigarette filters, photographic films, tapes & labels, spectacle frames, and others. Growing demand from the textiles & apparels industry is majorly driving the global cellulose acetate market growth. This growth is attributed to various properties that the product offer such as soft nature, heat-resistance, and comfort. The increasing use of cellulose acetate as a replacement of silk owing to its low cost is expected to fuel the growth of the textile industry. The product demand from ophthalmology industry for manufacturing frame-wears is expected to fuel the market growth during the review period. However, the demand for cellulose acetate in photographic films is likely to decline on account of the substitution by other low-cost effective products such as polyesters.
Regional Analysis
Regionally, the global Cellulose Acetate Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific dominated the global cellulose acetate market in 2016 on account of the high demand from the textiles & apparels industry. The changing lifestyle in the emerging countries such as India and China is likely to fuel the market growth
Textiles & clothing is a diverse sector playing an important role in European manufacturing industry, which is expected to drive the global cellulose acetate market. Italy, Germany, France, Spain, and the U.K are major contributor to the textiles and fashion goods that produce a wide range of products such as carpets, home textiles, cellulosic fibers, and technical textiles.
High demand from the food packaging and textiles industry is expected to drive the cellulose acetate market in the North American region during the forecast period, 2018-2023.
Segmentation
The global cellulose acetate market is segmented on the basis of the type, application, and region.
On the basis of the type, the global cellulose acetate market is segmented into fiber and plastic.
Based on the application, the market is segmented into textiles & apparels, cigarette filters, photographic films, tapes & labels, spectacle frames, and others.
Intended Audience
- Cellulose Acetate Manufacturers
- Traders and distributors of Cellulose Acetate
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratory
Competitive Analysis
Some of the manufacturers operating in the global cellulose acetate market are
- Eastman Chemical Company (U.S.),
- Solvay (Belgium),
- Mitsubishi Chemicals Holdings Corporation (Japan),
- Celanese Corporation (U.S.),
- Daicel Corporation (Japan),
- China National Tobacco Corporation (China),
- Accordis Cellulosic Fibers, Inc. (U.S.),
- SK Chemicals (South Korea),
- Sichuan Push Acetati Co., Ltd. (China),
- Sappi (South Africa),
- Rayonier Advanced Materials (U.S.),
- Borregaard (Norway).
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
Market Research Future®
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2-Ethylhexanol Market Share | Business Overview, Price and Forecast 2022 – 2030
Dicembre 17, 2021 8:32 - no comments yetA recent study conducted by Market Research Future (MRFR) finds that the global 2-Ethylhexanol Market is set to surge at a compound annual growth rate (CAGR) of 6.2% from 2018 to 2023. The market is currently valued at more than USD 4 Bn.
2-ethylhexanol is sought-after industrial material. The salient features of 2-ethylhexanol continues to increase its scope of application. The low volatility of the material allows its usage in a wide range of products for flow and gloss of baking enamels. Also, it is commonly used as a dispersing agent for pigment pastes. Being a highly adaptable solvent, 2-ethylhexanol has offers exceptional reactivity as a chemical intermediate. The material is used in polymers synthesizing as it functions as a chain terminator.
There are several factors driving the global market for 2-ethylhexanol. Stringent environmental regulations are prompting a shift from solvent-based materials to waterborne acrylic products. This is reflecting favourably on the market. Waterborne coatings are witnessing a quick uptake as they offer environmental sustainability. Waterborne coatings have advantages such as low hazardous waste generation, soap clean-up, low associated costs, and low solvent exposure.
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2-ethylhexanol’s impressive reactivity characteristic allows it use as an intermediate in chemical processing. Other characteristics of the product include slow evaporation rate, excellent dispersing capability, wetting, and defoaming. 2-ethylhexanol is extremely popular across industries such as automotive, adhesives and sealant, lubricants, plasticizer, and construction chemicals.
The product finds application in production of a various types of industrial chemicals. Rapid growth of the global chemical industry is providing an impetus on the market. In 2017, the chemical industry was valued at USD 5,000 Bn.
Global 2-Ethylhexanol Market: Regional Analysis
MRFR report covers the market across Latin America, Asia Pacific (APAC), Europe, North America, and the Middle East & Africa (MEA). The market in APAC is expected to remain highly attractive during the assessment period. In fact, APAC is likely to dominate the global 2-ethylhexanol market during the assessment period. Urbanization and rapid industrial growth in countries like China and India is viewed as a major driver of the market in the region. Growth on end use industries in APAC is translating into a higher consumption of 2-Ethylhexanol in the region. The plasticizers industry is flourishing in the region, which is creating tremendous market opportunities. The APAC 2-Ethylhexanol market is likely to maintain a healthy growth rate during the projection period.
North America and Europe are also expected to remain important investment destinations for market players over the next several years. These regions boast massive end-use industries such as chemicals, paints & coatings, and polymer. This in turn is driving the market for 2-Ethylhexanol in these regions.
Global 2-Ethylhexanol Market: Competition Analysis
Notable players operating in the global 2-Ethylhexanol market include
- Sinopec (China),
- Formosa Plastics Corporation (Japan),
- OXEA GmbH (Germany),
- China National Petroleum Corporation (China),
- Nan Ya Plastics Corporation (Japan),
- Arak Petrochemical Corporation (Iran),
- BASF SE (Germany),
- INEOS (UK), LG Chem (South Korea),
- Eastman Chemical Company (US),
- SABIC (Saudi Arabia),
- Elekeiroz (Brazil)
- Mitsui Chemicals, Inc. (Japan).
Global 2-Ethylhexanol Market: Segmental Analysis
The segmental analysis of the global market for 2-Ethylhexanol has been conducted on the4 basis of application.
By application, the market has been segmented into 2-ethylhexyl nitrate, ethylhexyl acrylate, plasticizers, and others. In terms of value, the plasticizers segment command for the highest share of the global 2-Ethylhexanol market. The segment is also projected to demonstrate a strong CAGR during the forecast period. The segment’s growth is being supported by the rising application of plasticizers in polyvinyl chloride (PVC) processing and as an additive. More than two-third of the 2-ethylhexanol produced produces goes into PVC plasticizer application.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
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Silicones Market Size | 2022 to 2030 – Production, Revenue, Average Product
Dicembre 17, 2021 8:23 - no comments yetMarket Overview:
Silicones are versatile and unique polymers because addition of different compounds and molecules to the main structure improve or alter the original properties. They are used with chemicals and materials often without generating undesired odor or byproduct. Moreover, they retain their fundamental chemical as well as physical properties when exposed to extreme environment condition and temperature. They are widely utilized in various end-use applications such as automotive & transportation, building & construction, medical & healthcare, industrial process, personal care & consumer products, and others on account of their superior properties such as resistance to UV and IR radiation, strong water repellency, and extremely strong adhesion qualities.
Some of the prominent factors that positively influence the growth of the silicones market are increasing per capita disposable income, improved living standards, and rapid industrialization. Moreover, continuous growth of the building & construction industry in the developing countries worldwide is estimated to propel the market over the assessment period. Huge investment in the ongoing innovation and research & development projects by the major key operational players and high adoption rate within the end use industries are set to influence silicones demand positively. Furthermore, coatings and adhesives made from silicones provide excellent durability and better performance, which make them suitable for utilization in automotive and construction industries. However, volatility in raw material prices is estimated to hinder the growth of the market.
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Regional Analysis
The market in the Asia Pacific is predicted to register the fastest growth, which is further followed by Europe and North America owing to growing demand from numerous end-use industries such as automotive, personal care, and building & construction among others. The North American market is expected to witness a steady growth with the U.S. and Canada being major contributors. Europe is estimated to witness an average growth over the assessment period on account of increasing demand for silicones in automotive and textile sector specifically in Germany, Poland, Spain, and the U.K. Numerous countries of Latin America and the Middle East & Africa are estimated to register a moderate growth due to increasing disposable income along with rising consumption of personal care.
Market Segmentation:-
Globally, silicones market is categorized on the basis of type and application. On the basis of the type, the market is categorized into resins, fluids, gels, and elastomer. Silicone elastomer can be further segmented into liquid silicone rubber, high temperature vulcanized silicone elastomers, and room temperature vulcanized silicone elastomers. Silicone fluids are further bifurcated into straight silicone fluid and modified silicone fluid. Silicone resins can be segmented into methyl silicone resin, phenyl silicone resin, and silicone combination resin. Among them, the elastomer accounted for the largest market share in 2016 on account of rising use of this elastomer in the automotive & transportation, and construction industries. On the basis of the application, the market is segmented into building & construction, personal care & consumer products, automotive & transportation, medical & healthcare, industrial processes, and others. Other applications include electrical & electronics, paper, textile, and energy. Among these, automotive & transportation are estimated to grow at a significant CAGR due to increasing automotive production and sales along with increasing use of silicone in the manufacturing of automotive components.
Competitive analysis
The major players operating in the silicones market include
- Dow Corning Corporation (U.S.),
- Wacker Chemie AG (Germany),
- Shin-Etsu Chemical Co. Ltd. (Japan),
- Momentive (U.S.), Elkem Silicones (Norway),
- Evonik Industries (Germany),
- KCC Corporation (South Korea),
- GELEST, INC. (U.S.),
- NuSil Technology LLC (U.S.),
- Specialty Silicone Products, Inc. (U.S.),
- Saint-Gobain Performance Plastics (France),
- BASF SE (Germany) among others.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
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United States of America
Phone:
+1 628 258 0071(US)
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Email: sales@marketresearchfuture.com
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1,6-Hexanediol Market Manufacturers, Regions, Future, Forecast by 2030
Dicembre 17, 2021 5:09 - no comments yetMarket Synopsis
According to MRFR, the global 1, 6 Hexanediol Market is maturing at a CAGR of 8.22% during the forecast period (2022-2030)
Market Segmentation
The global 1,6 hexanediol market, based on the application, has been segmented into fertilizers, food, refrigerants, pharmaceuticals, household, and others.
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Market Highlights
Strong growth in demand for polyurethane through end-use industries such as shipping, building & manufacturing is projected to boost the global market for 1,6 hexanediol over the years. As polyurethane is flexible polymer, substantial progress has been made as 1,6 hexanediol can be tailored to suit the needs and health of end-use consumer manufacturing. Increasing demand for rigid foam in construction industry applications such as insulators, sealants and flooring is further anticipated to raise the market for 1,6 hexanediol for polyurethane processing.
The properties of 1,6 Hexanediol are of moderate porosity, strong thermal stability and reasonable high pressure physical stability, and polymer monoliths. Thanks to the above properties, 1,6 hexanediol is used in the manufacture of, among others, polyurethane, acrylates, paints & coatings, adhesives, polyester resins, and unsaturated plasticizers.
High resistance to water and colorless crystalline solid makes 1,6 hexanediol commonly used in paints & coatings, as well as acrylics, adhesives, and plasticizers. 1,6 hexanediol-based coatings provide a high degree of durability and surface toughness combined with good adhesion to substrates that often expected commodity demand in the years to come. In addition, the growing demand for industrial coatings is projected to drive market growth due to rapid end-user development in the industry. Protective coatings are used to enhance the consistency and cosmetic properties of the component on a wide scale in applications such as automobiles, transportation, and machinery & equipment. That is why rapid growth in the industry is projected to further accelerate business demand.
Nonetheless, the advancement of commodities in niche applications such as alkyd resins and UV curable resins coupled with technological growth for bio-based raw material processing is expected to create lucrative opportunities for market players in the industry. Nevertheless, some of the constraints in the development of the 1,6 hexanediol market are that 1,6 Hexanediol is a chemically active material and a hydroscopic material in nature which must be taken care of during the transport and processing of the drug. In addition, heath health protocols are a big problem for drug producers, as it will hinder future business growth.
Industry Updates
March 2020 - With immediate effect or as existing contracts permitted, BASF, a German multinational chemical giant, raised the prices of the polyalcohols Neopentylglycol (NPG) and 1,6-Hexanediol (HDO) in Europe.
Competitive Dashboard
-
Ube Industries (Japan),
-
Perstop AB (Sweden),
-
BASF SE (Germany),
-
Fushun Tianfu Chemicals Co., Ltd. (China),
-
Lishui Nanming (China),
-
Lanxess (Germany),
-
Prasol Chemicals Pvt. Ltd. (India),
-
Shandong Yuanli Science and Technology Co., Ltd. (China),
-
TCI Chemicals (India) Pvt. Ltd. (India)
among others are some of the prominent players at the vanguard of competition in the Global 1,6 Hexanediol Market and are reported in MRFR Analysis.
Regional Overview
The regional analysis was carried out in large areas such as Asia Pacific, the Americas, Europe, the Middle East, and Africa.
Asia Pacific dominates the world followed by Europe and North America. Increasing polyurethane use in the automobile and construction industries is expected to fuel the growth of this region's 1,6 Hexanediol industry. The key suppliers in this area manufacture 1, 6 hexanediol in house value added commodity to reduce the total cost of end-use goods. Because of increased demand from end-use industries and favorable government regulations, China is the largest consumption region. European region is expected to expand significantly due to the increasing automotive industry, which in turn fuels the market for polyurethane.
Countries like Mexico and Brazil are projected to see strong growth in the Americas due to an rise in infrastructure construction programs and a rise in middle-class income
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
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