2, 4-Dichlorobenzyl Alcohol Market - Manufacture, Boost Growth, Key Developments and Report 2023

Market Overview:

2, 4-Dichlorobenzyl Alcohol with a chemical formula C7H6Cl2O is primarily used as an antiseptic. DCBA is an active ingredient in throat lozenges such as strepsils, gorpils, and lorsept. Commonly a low pH throat lozenge contains amylmetacresol and dichlorobenzyl alcohol and considered to kill various types of viruses. DCBA works as an antimicrobial and find application such as preservative, insecticide, chemical intermediate, and others in various end use industries such as agriculture, pharmaceutical, cosmetics & personal care, general industry, and others.

Some of the prominent factors that positively influence the growth of 2, 4-Dichlorobenzyl Alcohol Market are rapid urbanization, booming healthcare sector, and improving standard of living. Robust demand for preservatives and increasing developments in cosmetics & personal care sector is expected to increase the demand for various personal care products, which in turn, is predicted to propel the growth of the market. Additionally, rising disposable income coupled with increasing usage of personal care products to mitigate the harmful effects of pollution, UV rays, and dust are estimated to fuel the growth of the market. However, availability of other cheaper cosmetics products is expected to hinder the growth of the market over the assessment period.

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Competitive Analysis:

ü  BASF SE

ü  Reckitt Benckiser Healthcare International Ltd.

ü  Sigma-Aldrich Co. LLC

ü  EMKA-Chemie Gmbh & Co. KG

ü  Santa Cruz Biotechnology, Inc.

ü  Bioxera Pharma Private Limited

ü  Benzo Chem Industries Pvt. Ltd.

Market Segmentation:-

The 2, 4-Dichlorobenzyl Alcohol Market is segmented on the basis of application, end use industry, and region. Based on application, DCBA market is categorized into preservative, insecticide, chemical intermediate, and others. Based on end use industry, the market is classified into pharmaceutical, agriculture, cosmetics & personal care, general industry, and others. Among the application segment, preservative and chemical intermediate are expected to hold the larger share as compared to others. Increasing consumption of DCBA in various personal care products such as shampoo, skin care, hair care, lotion, and other is predicted to fuel the growth of segment in the upcoming years. Among the end use industries, pharmaceutical and cosmetics & personal care segment accounts for the largest market share owing to the wide utilization of antimicrobial and preservatives. Agriculture segment is expected to be the fastest growing and exhibiting the highest CAGR during the review period. The growth of this segment is attributed to the increasing usage of insecticide for crop protection as well as rising demand for high quality crop production.

Regional Analysis:

North America is estimated to be the largest market for 2, 4-Dichlorobenzyl Alcohol followed by Europe and Asia Pacific on account of increasing demand from pharmaceutical and cosmetics & personal care sector among others. Countries of North America and Europe such as the U.S, Canada, Germany, France, Spain, and the UK are expected to witness significant growth of the market owing to the expansion of pharmaceutical and Cosmetics & Personal care sector. Asia Pacific is expected to grow with the healthy CAGR due to the robust demand for DABC in emerging economies such as India, China, Thailand, Vietnam, and Malaysia. Latin America and the Middle East & Africa is predicted to witness moderate growth owing to average demand for DCBA in personal care products.

Geographical Analysis:

The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Intended Audience

ü  2, 4-dichlorobenzyl alcohol manufacturers

ü  Traders and distributors of 2, 4-dichlorobenzyl alcohol

ü  Production process industries

ü  Potential investors

ü  Raw material suppliers

ü  Nationalized laboratory

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Structural Adhesives Industry | Comprehensive Analysis, Segments, Key Players and Opportunities 2020-2022

Market Forecast to 2022

Market Research Future (MRFR) Announces the Publication of its Research Report – Global Structural Adhesives Market 2016-2022

Market Research Future (MRFR) recognizes the following companies as key players in the global structural adhesives market:  3M Company, The Dow Chemical Company, Ashland Inc., SIKA AG, Henkel AG & Co., Lord Corporation, Scott Bader Company, Arkema S.A., Hubei Huitian Adhesive Enterprise Co., Ried B.V. Co. and others.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said, “The market of structural adhesives is increasing considerably owing to increase in usage of plastics in the transportation industry such as in automobile and aircraft. Automobile industry is growing due to increase in demand of passenger cars in countries like China, India and Mexico. Growing use of plastic to provide adhesion between dissimilar substrate such as steel &plastics and steel & magnesium is increasing the demand for structural adhesives to be used in window panel, doors, brakes and friction plates. China, India and Japan are witnessing the maximum growth for structural adhesive owing to increase in demand for passenger car. Consequently, these above factors are increasing composites production and these provide better structural integrity and strong bonding within automotive components. Thus, high growth of structural adhesive will be seen in the coming years. Innovation in furniture styles and construction in emerging markets is also propelling the demand for structural adhesive and will continue doing same in the future.

Based on technology, Structural Adhesive Industry is segmented into water based and solvent based. Water based structural adhesive are used in rigid joining such as wall coverings, automotive assembly and furniture. Water based technology is highly preferred due to its fast-drying speed, water resistant, and semi-  nature. Owing to environmental protocols regarding volatile organic compound (VOC) content in solvent based it will positively impact water based structural adhesives.

Based on product types market is segmented into epoxy, acrylic, urethane, cyanoacrylic and others. Urethane accounts for the largest market share in terms of volume and value owing to low cost and wide use of adhesion in rigid and semi rigid applications like construction and automobile. These factors will increase the demand of structural adhesive in coming years. Cyanoacrylic is gaining importance in medical devices, industrial machinery and household appliances. The growth of cyanoacrylic is positive growth due to factors such as low toxicity and faster setting properties and it is expected that due to all these cyanoacrylic will grow tremendously till 2022.

Asia Pacific dominates the market growth owing to rapid industrialization and easy availability of raw material and low cost of labor. China, India and Mexico are witnessing a positive growth owing to increase in government spending in construction and infrastructure. North America is expected to witness a significant growth owing to post recession period and changing government regulation in building & construction. Europe is expected to go through a slow growth due to change in the economic and political scenario such as Brexit.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Global structural adhesives market is segmented into raw material, product types and applications.

By product types: Epoxy, Acrylic, Urethanes, Cyanoacrylate and others.

By technology: Water based and Solvents based.

By Applications: Automotive, Transportation, Building & Construction, furniture and others.

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Polycaprolactone Polyol Industry | Share, Size, Top Industry Players, Growth, Future Predication by 2023

Market Insights:

The market for Global  Polycaprolactone Polyol Industry has been increasing tremendously, specifically in Asia Pacific Region growing at CAGR of 11.58% during the forecast period, owing to rise in the populations in this region resulting to increasing in demand for resins, footwear industry. Additionally, automotive industry growth typically follows the growth of these key end markets. The demand from polycaprolactone polyol based polyurethane resin is increasing day by day in world due to the governments initiative for biodegradable plastics and rising environmental regulations in lowering carbon emissions and greenhouse gases. Europe is the second largest consumer of polycaprolactone polyol growing at CAGR of 11.48%, Europe is major consumer especially in terms of foam, coating and adhesive based application products. In addition, Europe is followed by North America which is growing at CAGR of 11.18%.

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The coating-based application of polycaprolactone polyol are leading in North America. The biodegradable nature of the polyol-based resins and the coating applications that increase the life of the product are the major market driving factor for the  Polycaprolactone Polyol Industry. The competition from petroleum-based polyols are the restraining factor for the market. Moreover, according to market research, there is a tremendous opportunity for new comers of polycaprolactone polyol manufacturers to collaborate and expand the business to fulfil the demand in this sector.

Key Findings:

The Global  Polycaprolactone Polyol Industry is projected to reach USD 791.4 million by 2023 with 11.28% CAGR during review period of 2016-2023. Asia-Pacific accounted for largest share due to growing end user industries in this region.  Polycaprolactone Polyol Industry is consolidated in the developed regions owing to strong government support for innovating and developing biodegradable polymers for sustainable lifestyle whereas, in the developing regions the market is fragmented with dominance of small manufacturer from the Asia-Pacific region.

Global Key Players:

Ø  Perstrop Holdings A.B.

Ø  BASF SE

Ø  Daicel Corporation

Ø  Sigma Aldrich, Shenzhen Esun Industrial Co., Ltd

Ø  Gantrade Corporation

Ø  Huntsman International LLC

Industry Segmentation:

The Polycaprolactone Polyol Industry is segmented on the basis of Application, End User and Region. Based on application,  Polycaprolactone Polyol Industry is segmented into foam, adhesive, coating, elastomer and others. In terms of end user, the market is segmented in to resin, footwear, automotive, pharmaceutical, printing and others. Based on regions, market is segmented into- North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Regional Analysis:

The Global  Polycaprolactone Polyol Industry is segmented into Asia Pacific, Europe, North America, Middle East, Latin America based on the region. Asia Pacific accounted for the largest market share of 30.10% in 2016 and is projected to grow at the highest CAGR of 11.58% during the forecast period. Europe accounted second largest the market share in 2016 growing at CAGR of 11.48%.  Moreover, North America is the third largest consumer of polycaprolactone polyol; accounted the market share in 2016 growing at CAGR of 11.18%. The demand for coating-based application of polycaprolactone polyol in North America is high, however the foam-based application dominates in rest of the world. If the government’s initiative for biodegradable plastics continues, the growth rate might increase the forecasted period.

Intended Audience:

• Manufacturers and distributors of polycaprolactone polyol.
• Manufacturers and distributors of polyurethane.
• Manufacturers and distributors of coating, adhesives, elastomers and foam.
• Suppliers and traders of polycaprolactone polyol.
• Government, associations and industrial bodies.
• Investors and Trade experts.
• Consulting in chemical experts.

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Organic Rheological Modifiers Industry: Analysis, Growth Status, Revenue Expectation to 2023

Market Synopsis:

Organic rheology modifiers are chemicals used to regulate the flow activities of paints. They are based on organic compounds such as polyacrylates, polyurethanes, cellulosic, and others. Organic rheology modifiers are useful in various applications such as adhesives, sealants, binders, and others, which in turn are used in paints & coatings, personal care, pharmaceuticals, oil & gas, construction, and others. These modifiers are added to paints, to enhance their various properties such as emulsion stability, anti-sagging, and leveling. Also, these modifiers are primarily used to maintain consistency, and to increase the durability of paint, particularly water-based paints. Rheology modifiers, commonly referred to as thickeners or viscosities, are present in most products. The Global Organic Rheology Modifiers Market is expected to witness a significant growth with CAGR of ~3.9% between 2016 and 2023.

The shifting preference for organic personal care products is likely to boost the demand of organic rheology modifiers in the forecast period. On the basis of region, Organic Rheological Modifiers Industry segmentation includes the current and estimated demand for Europe, Latin America, North America, Asia Pacific, and Middle East & Africa. This segmentation includes demand for separate industries in all the regions, for instance, Asia Pacific has the biggest market for organic rheological modifiers due to high utilization in paint & coatings and oil & gas industry, especially in China, India, and Japan.

Regional Analysis:

Geographically, Asia Pacific accounts for the largest market share for Organic Rheological Modifiers Industry growth. The growing end user industries such as oil & gas as well as paint & coating, is anticipated to drive the rheological modifiers market in this region. Following APAC, Europe is the second largest market for organic rheological modifiers and is one of the profitable markets in terms of value and volume. UK drove the European rheological modifiers market, recording the highest demand for rheological modifiers in 2016. North America accounted for the third largest share in the global rheological modifiers market in 2016. U.S., Canada, and United Mexican States led the demand for organic rheological modifiers in this region. On the other hand, Latin America, Middle East & Africa is another attractive market for organic rheological modifiers and likely to show better growth over the forecast period.

Market Segmentation:

The Organic Rheological Modifiers Industry is segmented on the basis of type, application, end users, and region. Based on the type, the market is bifurcated into cellulosic, and synthetic. Based on application, market is segmented into adhesives, sealants, binders, and others. On the other hand, based on the end user, the market is segmented into paints & coatings, personal care, pharmaceuticals, oil & gas, construction, and others. Based on region, this market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.

Global Key Players:

·         BASF SE

·         Evonik Industries AG

·         AkzoNobel N.V.

·         The Lubrizol Corporation

·         Elementis plc

·         Arkema Group

·         Clariant

·         Ashland

·         Croda International Plc

·         Dow Corning Corporation

Geographical Analysis:

The report covers brief analysis of geographical regions such as North America, Europe, APAC, and Latin America, Middle East & Africa.

Intended Audience:

• Organic rheology modifiers manufacturers
• Traders and distributors of organic rheology modifiers
• Production process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory

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Leather Dyes Industry - Analysis, Competitive Landscape and Comparative Analysis by 2023

Market Overview:

Market Research Future (MRFR) Announces the Publication of its Research Report – Global Leather Dyes Industry 2016-2023

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Leather Dyes Industry size is expected to grow at ~5.0 % CAGR by 2023. The market witnessed a significant growth over the forecasted period owing to growing applications such as into natural and synthetic leather across various industries. Observing the growth of leather industry it can be anticipated that dyes for leather industry has a very promising future.

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The major driving factors of Leather Dyes Industry are growing demand from leather industries such as automotive interior, furniture, apparels, and others. In addition, the increasing demand of the synthetic leather is expected to fuel market growth of leather dyes in near future.

Global Key Player:

·         Lanxess AG

·         BASF SE

·         Clariant International Ltd.

·         Colorex Chemical Co., Inc.

·         The Dow Chemical Company

·         Krishna Industries

·         Kolor Jet Chemical Pvt. Ltd.

·         J. K. Colors

·         Prima Chemicals

·         Synthesia, a.s

Segment Analysis

The Leather Dyes Industry has been segmented into types and application. On the basis of types, the market has been divided into direct dyes, acid dyes, basic dyes, mordant dyes, pre-metalled dyes, sulphur dyes and others (Reactive Dyes etc). Chemically, direct leather dyes are defined as anionic dyes that encompasses of functionally for cellulosic fibers. Therefore, this kind of dyes is generally applied with aqueous dye bath that holds electrolyte, either sodium chloride or sodium sulfate. With the aid of these dyes the dyeing process becomes much safer and suitable. Depend on their features, the offered range of direct dye in market is used in various leather applications such as automotive interior, furniture, apparels, and others. Whereas, acid dyes, are readily soluble in water and easy to apply. They can be dyed directly on leather product. The dyed materials exhibit brilliant shades and good fastness properties. On the other hand, mordant dyes used majorly in natural dyes due to mordant imparts insoluble color on the substrates. Basic features of this dyes are they can possess amino groups, negatively charged, i.e. Anionic, prevents color bleeding, and most important having the ability to brighten or changes some dye colors.

Furthermore, on the basis of application leather dye market is segmented into natural leather, synthetic leather. Among the all application of leather dye, synthetic leather has occupied the major market share in 2016 owing to its increasing demand from the growing economies, especially from China and India. The major outlets of synthetic leathers are footwear, furniture, automotive industry, leather goods, cloths, and others. The growing demand from synthetic and natural leathers have increased the market for leather dyes which will further have an optimistic impact during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.

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Isatoic Acid Anhydride Industry | Growth, Trends, In-Depth Analysis And Outlook Till 2023

Market Overview:

Isatoic acid anhydride is used in various industry such as agricultural, pharmaceutical, and others but the Isatoic Acid Anhydride Industry is especially driven by agriculture industry. It is highly used as intermediate for herbicides, pesticides, flavors, organo luminophores, fragrances, saccharin, pigments, dye carriers, ultraviolet light absorbers, intumescent agents, antioxidants, and others. In addition, the growing agriculture industry is driving the Isatoic Acid Anhydride Industry. On the basis of geography, market share of Isatoic acid anhydride is high in Asia Pacific region and is also expected to increase at a high growth rate as compared to other regions such as North America, Europe, Latin America and Middle East.

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Competitive analysis-

Ø  BASF SE

Ø  The Dow Chemical Company

Ø  Alfa Aesar

Ø  Crystal Quinone Pvt. Ltd.

Ø  Taj Active Pharmaceuticals Ingredients

Ø  Wujiang New Sunlion Chemical Co., Ltd.

Ø  HIMALAYA CHEMICALS

Ø  ISHITA INDUSTRIES

Ø  KESHAR EMULSION PVT LTD

Ø  TCI Development Co., Ltd

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.

Market Segmentation-

The Isatoic Acid Anhydride Industry is segmented by applications, and end user industry, and region. On the basis of applications the Isatoic Acid Anhydride Industry is divided by dye & pigments, pesticides, herbicides, saccharin, flavors, and others. Isatoic acid anhydride extensively used in the production of a wide range of dyes and fine chemicals. Industrially, isatoic acid anhydride is an intermediate in the production of azo dyes. Furthermore, Isatoic acid anhydride is also highly applicable as an intermediate in various pesticides such as insecticides, fungicides, herbicides, sprout inhibitors, biocides, and others. Isatoic acid anhydride also used as saccharin to sweeten products such as drinks, candies, cookies, and medicines. Several investigators worked on the synthesis of isatoic acid anhydride dyes in the various conditions which have shown significant biological activity especially against bacteria S. aureus and E. coli. The mixed ligand complexes of cobalt, nickel, copper, and zinc with isatoic acid anhydride and tributylphosphine have shown profound activity against Staphylococcus, Klebsiella SPP. and Bacillas. Furthermore, the rhodium complexes with (N-phenyl) isatoic acid anhydride ligands are used as catalysts for the hydrogenation. Several other mixed ligands complexes with isatoic acid anhydride were described to have antifungal and antibacterial features. The isatoic acid anhydride complexes have varied application in daily life and some of them have been found useful for human life while others are harmful.

On the basis of end use industry the Isatoic Acid Anhydride Industry segmented as pharmaceutical, agrochemicals, perfume, food & beverages, and others. Among all industry agriculture and pharmaceutical industry occupied the highest market share. The increasing consumption of Isatoic acid anhydride in various industry such pharmaceutical, agrochemicals, perfume, food & beverages, and others will drive the global Isatoic Acid Anhydride Industry in the forecasted period.

Regional Analysis :

Asia Pacific is the largest market of isatoic acid anhydride due to huge consumption in dye & pigments, and agrochemical industry, in China region followed by India, Thailand, and Japan. Increasing demand for agrochemical industry in China, India, Japan, Taiwan, and South Korea has made Asia Pacific largest consumer of the global Isatoic Acid Anhydride Industry followed by increasing in the consumption of Isatoic Acid Anhydride Industry in Europe region. In Europe region, Isatoic Acid Anhydride Industry is drive by perfume, pharmaceutical, and food & beverages industry. In addition, the third largest market of Isatoic acid anhydride is North America region due to large consumption in agricultural, pharmaceutical, and others industry. Moreover, Latin America and Middle East also observed in growth of Isatoic Acid Anhydride Industry due to various application such as pharmaceutical, dye & pigments, perfume, agrochemicals, and others.

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Isatoic Acid Anhydride Industry | Growth, Trends, In-Depth Analysis And Outlook Till 2023

Market Overview:

Isatoic acid anhydride is used in various industry such as agricultural, pharmaceutical, and others but the Isatoic Acid Anhydride Industry is especially driven by agriculture industry. It is highly used as intermediate for herbicides, pesticides, flavors, organo luminophores, fragrances, saccharin, pigments, dye carriers, ultraviolet light absorbers, intumescent agents, antioxidants, and others. In addition, the growing agriculture industry is driving the Isatoic Acid Anhydride Industry. On the basis of geography, market share of Isatoic acid anhydride is high in Asia Pacific region and is also expected to increase at a high growth rate as compared to other regions such as North America, Europe, Latin America and Middle East.

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Competitive analysis-

Ø  BASF SE

Ø  The Dow Chemical Company

Ø  Alfa Aesar

Ø  Crystal Quinone Pvt. Ltd.

Ø  Taj Active Pharmaceuticals Ingredients

Ø  Wujiang New Sunlion Chemical Co., Ltd.

Ø  HIMALAYA CHEMICALS

Ø  ISHITA INDUSTRIES

Ø  KESHAR EMULSION PVT LTD

Ø  TCI Development Co., Ltd

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.

Market Segmentation-

The Isatoic Acid Anhydride Industry is segmented by applications, and end user industry, and region. On the basis of applications the Isatoic Acid Anhydride Industry is divided by dye & pigments, pesticides, herbicides, saccharin, flavors, and others. Isatoic acid anhydride extensively used in the production of a wide range of dyes and fine chemicals. Industrially, isatoic acid anhydride is an intermediate in the production of azo dyes. Furthermore, Isatoic acid anhydride is also highly applicable as an intermediate in various pesticides such as insecticides, fungicides, herbicides, sprout inhibitors, biocides, and others. Isatoic acid anhydride also used as saccharin to sweeten products such as drinks, candies, cookies, and medicines. Several investigators worked on the synthesis of isatoic acid anhydride dyes in the various conditions which have shown significant biological activity especially against bacteria S. aureus and E. coli. The mixed ligand complexes of cobalt, nickel, copper, and zinc with isatoic acid anhydride and tributylphosphine have shown profound activity against Staphylococcus, Klebsiella SPP. and Bacillas. Furthermore, the rhodium complexes with (N-phenyl) isatoic acid anhydride ligands are used as catalysts for the hydrogenation. Several other mixed ligands complexes with isatoic acid anhydride were described to have antifungal and antibacterial features. The isatoic acid anhydride complexes have varied application in daily life and some of them have been found useful for human life while others are harmful.

On the basis of end use industry the Isatoic Acid Anhydride Industry segmented as pharmaceutical, agrochemicals, perfume, food & beverages, and others. Among all industry agriculture and pharmaceutical industry occupied the highest market share. The increasing consumption of Isatoic acid anhydride in various industry such pharmaceutical, agrochemicals, perfume, food & beverages, and others will drive the global Isatoic Acid Anhydride Industry in the forecasted period.

Regional Analysis :

Asia Pacific is the largest market of isatoic acid anhydride due to huge consumption in dye & pigments, and agrochemical industry, in China region followed by India, Thailand, and Japan. Increasing demand for agrochemical industry in China, India, Japan, Taiwan, and South Korea has made Asia Pacific largest consumer of the global Isatoic Acid Anhydride Industry followed by increasing in the consumption of Isatoic Acid Anhydride Industry in Europe region. In Europe region, Isatoic Acid Anhydride Industry is drive by perfume, pharmaceutical, and food & beverages industry. In addition, the third largest market of Isatoic acid anhydride is North America region due to large consumption in agricultural, pharmaceutical, and others industry. Moreover, Latin America and Middle East also observed in growth of Isatoic Acid Anhydride Industry due to various application such as pharmaceutical, dye & pigments, perfume, agrochemicals, and others.

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Industrial Lubricants Industry – Share, Emerging Technologies, Industry Growth and Regional Study by Forecast to 2023

Market Insights:

Industrial lubricants reduce friction between objects, regulate temperature, modify surface properties and remove debris. The global Industrial Lubricants Industry is estimated to see better profitability and expand at a CAGR of 2.4% during the assessment period of 2017-2022, asserts Market Research Future (MRFR) in an in-depth study. The global Industrial Lubricants Industry stood at USD 56.87 Bn in 2016.

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Industrial lubricants are used to ensure smooth machinery functioning and reduce maintenance across various industry verticals. Industrial Lubricants Industry is likely to be driven robustly by expansion in key end-use industries such as chemicals manufacturing, food processing, and electronics.

Automotive lubricants account for the majority demand of Industrial Lubricants Industry. Expanding automotive industry and an increase in total vehicle population has fostered market growth. Additionally, the burgeoning manufacturing industry driven by heightened demand for manufactured goods has generated high demand for industrial lubricants.

Competitive landscape

·         Royal Dutch Shell Plc.

·         Idemitsu Kosan Co. Ltd

·         Total S.A.

·         Chevron Corporation

·         ExxonMobil Corporation

·         BP p.l.c.

·         PetroChina Company Limited

·         LUKOIL

·         Fuchs Petrolub AG

·         Sinopec Limited

Industry Updates

February 2019- researchers at the University of Delaware have created a strategy to make renewable lubricant base oils from non-food biomass such as wood, switch grass and other sustainable, organic waste. This would help to considerably reduce the environmental footprint of industrial lubricants.

Industry Segmentation:

The Industrial Lubricants Industry has been segmented based on type and end user.

By type, the global Industrial Lubricants Industry has been segmented into hydraulic lubricants, gear lubricants, compressor lubricants, metalworking fluids, and others. The hydraulic lubricants segment is dominating the market. Continuous demand from the mining and construction industry due to the cost advantage it provides over other lubricants is driving the growth of the segment. However, due to rising metal consumption in the automotive industry, the metalworking fluids segment is expected to showcase the highest CAGR over the forecast period.

By end user, the global Industrial Lubricants Industry has been segmented into automotive, manufacturing, power generation, heavy industries, and others. The automotive segment is leading the market while the power generation segment is expected to showcase the highest CAGR over the forecast period. The growth of the power generation segment can be credited to towering energy demands across the globe.

Global Industrial Lubricants Industry - Regional Analysis

Asia-Pacific region dominates the global Industrial Lubricants Industry and is expected to witness the highest growth during the forecast period. China, India, Japan, Australia and Indonesia are among the major markets for Industrial Lubricants in the Asia Pacific region. Rapid industrialization and urbanization driving the growth of the market in the region. Additionally, increasing passenger car sales owing to increasing disposable income in Southeast Asian countries are also expected to contribute to automotive lubricants growth.

North America and Europe are the major region for the Industrial Lubricants Industry. These regions are expected to contribute significantly during the forecast period. In Europe, Germany, U.K., and France are major contributors for the growth of the market.

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Green Cement | Drivers, Competitive Landscape, Future Plans and Trends by Forecast 2023

Market Insights

The global Green Cement Industry is expected to get doubled at a CAGR of 15% between 2017 to 2023 as sustainability becomes a priority for the construction industry. This figure has been taken from the reports of Market Research Future Reports.

Green cement is known as an eco-friendly substitute than conventional cement. The demand for it in the construction industry has increased since some years owing to its property of reducing carbon emissions at construction sites, which is estimated to go to 40%. There is no definite formula or chemical combination to create green cement. However, with the help of various researches and the presence of a key market, players have developed multiple ways to manufacture green cement. It has gained much traction since past years, and it is estimated that the global Green Cement Industry will flourish tremendously in future and will gain more traction in the years to come.

The process for the production of conventional cement is the primary concern for spreading of carbon dioxide pollution and other harmful air pollutants. Thus, green cement is the critical material for such a problem, which is manufactured with a different process.

Global Key Players

·         HeidelbergCement AG

·         LafargeHolcim Ltd.

·         Taiheiyo Cement Corporation

·         Taiwan Cement Corporation

·         Ecocem Ireland Ltd.

·         ACC Limited

·         UltraTech Cement Ltd

·         Calera Corporation

·         Ceratech, Inc

·         Solidia Technologies, Inc.

·         Cenin Cement

Global Green Cement Industry: Drivers & Trends

The Green Cement Industry is chiefly driven by factors such as an increase in constructional activities and promotion of strict government rules and regulation regarding eco-friendly products. Thus, the eco-friendly nature of green cement is tremendously influencing the end users to adopt, thereby, fueling the Green Cement Industry growth in positive ways.

On the other hand, the rising demand of commercial constructions which includes infrastructure, industrial, residential and non-residential buildings such as shopping malls, office spaces, theaters and museums, hospitals and administrative buildings will also drive the Green Cement Industry growth till 2023. On the global note, there is a steady growth in the demand for green cement owing to the government initiatives for affordable housing, low-interest rates for home loans, and the global rise in infrastructure spending. With that, factors such as the growth in population and multifamily housing projects in developing regions are also supporting the growth of the construction industry in magnificent ways.

As per the research, economic development and rapid urbanization in developed regions are also increasing the demand for new construction, which involves green cement. Even disruptive trends around the construction industry can create new opportunities to accelerate the growth Green Cement Industry. 3D printing is one example of a disruptive technology, which is used as an alternative for constructing houses without any need for concrete. These factors are thus finding the global Green Cement Industry expanded rapidly during the forecast period.

Green Cement Industry Segmentation

In the reports of MRFR, the global green market has been segmented based on application and product type.

By the mode of application, the market has been segmented by residential, non-residential, and industrial.

By the mode of product type, the market has been segmented by fly ash based, slag based, geopolymer, and others.

Regional Outlook

On a geographical note, the North America region is probable to lead the Green Cement Industry owing to the incidence of stringent rules and regulations regarding the GHG emissions by the government authorities of the region. Whereas, the Asia-Pacific region is also expected to flourish stably, owing to the rapid industrialization and urbanization in the region. Therefore, the increasing number of construction activities along with the growing alertness for green cement is likely to contribute to the growth of the market.

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