Methyl Tertiary Butyl Ether Market | Trends, Size, Share, Growth, Opportunity and Forecast 2020-2023

 Market Overview

Based on the acute analysis conducted by Market Research Future (MRFR), the global Methyl Tertiary Butyl Ether Market is predicted to have a lucrative growth at a rate of 5% during the forecast period (2018–2023).

Growth Factors and Top Barriers

Methyl tertiary butyl ether (MTBE) refers to an organic compound which is generally produced when isobutene and methanol react with each other with a catalyst present. It is a highly flammable, colorless and volatile liquid having a characteristic mild odor. The unique properties that set apart methyl tertiary butyl ether from other chemicals include low blending vapor pressure, higher-octane number, distillation properties and high miscibility with gasoline, which make it ideal as an oxygenating agent in gasoline fuel. Using MTBE as an oxygenate augments the oxygen content in the fuel, ensuring complete combustion.

Compared to other oxygenates, methyl tertiary butyl ether is less soluble in water without phase separation, vapor pressure, reduced blending density as well as no corrosion issues. All these properties and attributes have rendered the compound highly beneficial, giving it an edge over few other agents. But the increasing preference for alternative compounds will curb the market growth of methyl tertiary butyl ether to some extent. Nonetheless, the demand for the compound is set to rise in the coming years. With increasing government regulations in the developed as well as the developing regions associated with the mandatory use of oxygenated compounds in gasoline fuel for ensuring complete combustion and minimizing emissions from vehicles, the market is expected to benefit immensely.

Besides, the surging consumption of gasoline fuel in marine and also in oil & gas industry is projected to augment the demand for methyl tertiary butyl ether over the review period. Another factor driving the market growth is the rising preference for gasoline fuel that display complete combustion, followed by corresponding increase in demand for high-octane fuels along with reduced low exhaust emissions. In addition, elevated production of methyl methacrylate (MMA), polyisobutylene and butyl rubber, and few other products around the world are set to be instrumental factors augmenting the demand for methyl tertiary butyl ether.

Global Top Players

• Shandong Dongming Petrochemical Group
• China National Petroleum Corporation
• Huntsman International
• Sabic
• LyondellBasell
• Evonik Industries
• ENI
• QAFAC
• Royal Dutch Shell
• Emirates National Oil Company
• Reliance Industries Limited
• Gazprom

Recent News

April 2019

Saudi Aramco (Singapore) has reported that its methyl tertiary butyl ether’s trading volume is bound to rise at a significant rate, after the company bought Saudi Basic Industries Corp's petrochemical units. After the purchase is done, the MTBE capacity of the company is estimated to reach roughly 2.37 mt/year, touted to be the largest achievement by a single company in the Asia region.

Market Segmentation

The Methyl Tertiary Butyl Ether Market is segmented based on manufacturing process, application, and region.

The types of manufacturing processes mentioned in the report are steam cracker, fluid liquid cracker, dehydrogenation, and dehydration. Out of these, fluid liquid cracker was the leading segment in 2017 and will remain at the top throughout the review period. The surging refining capacity among various regions across the globe will elevate the position of the segment in the coming years.

Application-wise, the segments in the global market include gasoline additive and others. The report states that gasoline additive was the dominating segment in the year 2017, with further predictions of the segment growing at the same pace throughout the forecast period. As MTBE helps reduce the emissions from vehicles, its demand is expected to rise in this application in the following time frame.

Regional Outlook

Region-wise, the global Methyl Tertiary Butyl Ether Market is spread across the key regions of Europe, Asia Pacific, Latin America, North America, and the Middle East & Africa.

Proving its worth among all the regions in the global market is the region of Asia Pacific, acquiring the leading position in 2017. With the increasing adoption of the product, particularly in the automotive industry as it helps reduce emission and has anti-knocking properties, the market in the region will be presented with profitable opportunities in the future. Moreover, lenient policies pertaining to environmental protection along with the cost effectiveness of MTBE is presumed to buoy the position of the regional market in the conjectured period.

Furthermore, Europe and North America are projected to other substantial markets for MTBE over the coming years, on account of the presence of a well-established petrochemicals sector combined with the augmented demand for the product backed by its rising use as a gasoline additive.

The market in Latin America is on track to be another successful venture, as a result of the upcoming refinery sector that makes use of MTBE as an anti-knocking agent for reducing the wear and tear in heavy-duty machinery. Plus, the growing production of vehicles and subsequently increasing consumer base will also be instrumental in the market growth from 2018 to 2023.

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Scale Inhibitors Market | Size, Share, Trend, Industry Statistics, Comprehensive Analysis and Top Countries data by Forecast to 2023

 Market Overview:

The global Scale Inhibitors Market is poised to reach USD 3,195.0 million by 2023, according to the latest market report by Market Research Future (MRFR). It can balloon from its previous estimated size of USD 2,428.2 million in 2017, growing at a CAGR higher than 4.5% over the forecast period (2018-2023). The market growth is influenced by the expanding sectors of construction, mining, desalination, power, and oil & gas. Other important market drivers include immense demand for huge volumes of water in power plants, scale inhibitors in the energy sector, and a sharp increase in hydraulic fracturing.

Vendor Landscape

·        American Water Chemicals, Inc

·        Solenis

·        Arkema SA

·        Kemira Oyj

·        SUEZ

·        BASF SE

·        Ecolab

·        Clariant

·        BWA Water Additives

·        DowDuPont

New product development, innovation of new biodegradable chemicals, and expansion to developing economies are prime strategies of the players. This is exemplified by the display of antiscalant products for water reservoirs showcased by DowDuPont at the Abu Dhabi International Petroleum Exhibition and Conference in 2017

Scale Inhibitors Market – Segmental Analysis

MRFR’s report states that the global market is segmented on the basis of type and application.

By type, the market is segmented into phosphates, sulfonates, carboxylate/acrylates, and others. The phosphonates segment accounted for a large market share in 2017. It is expected to exhibit a 4.29% CAGR during the review period owing to its heavy demand in end-use industries.

Major market applications include oil & gas, mining, power, paper mills, petrochemicals, and others. The power segment can display a 4.6% CAGR over the forecast period due to rising investments in the sector. It had accounted for 26.67% share of the market in 2017. The demand of scale inhibitors can rise in the segment owing to its need for treated water. The oil & gas segment will be the second-largest owing to investments in deepwater and ultra-deepwater exploration activities in the South China sea and presence of large oil reserves in the Gulf of Mexico.

Regional Outlook

The Scale Inhibitors Market covers the latest trends in Europe, Asia Pacific (APAC), North America, Latin America, and the Middle East & Africa (MEA).

The APAC market is expected to expand at a 5.38% CAGR during the forecast period. The push for water treatment of the surrounding rivers by governments, awareness of water & wastewater treatment, and rapid urbanization in India and China are factors expected to bolster market demand during the review period. The Namami Gange Programme is a prime example which requires antiscalants for meeting the demand for potable water. China can contribute the maximum to the Scale Inhibitors Market owing to the rise in rude oil production. It can touch an estimated size of USD 727.5 million by 2023. Japan is the second-largest contributor to the market. It can exhibit a 4.56% CAGR over the forecast period.

Europe accounted for the second-largest share of the global market in 2017 owing to the demand from power and wastewater treatment sectors. Germany accounted for 25.6% share of the European market and touted to grow at a 2.50% CAGR during the review period.

The North America region can exhibit a strong growth rate owing to the shale gas exploration activities. In the region, the U.S. accounted for the largest share and will maintain its dominance as the leading contributor.

The MEA Scale Inhibitors Market is predicted to register a 5.61% CAGR over the forecast period owing to the pressing demand for crude oil. On the other hand, the Latin America can exhibit a modest growth rate thanks to the expanding petrochemicals, oil & gas, and power industries.

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Polystyrene Market | Size Estimation, Price Trends, Sales, Industry Latest News, and Consumption by Forecast to 2023

 Market Insights:

The global polystyrene market is expected to exhibit a robust 4.87% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The report provides readers with a detailed profile on the global polystyrene market, compiling a detailed datasheet on the market’s historical growth trajectory and drawing conclusions for the market’s likely growth over the forecast period. The major drivers and restraints affecting the global polystyrene market are profiled in the report, along with the leading players operating in the market.

Polystyrene is widely used in the packaging industry in rigid as well as flexible packaging and has thus experienced a rapid growth in demand over the last few years. The growing operations of the ecommerce sector and increasing adoption of customer-centric services in various industries, including online shopping and home delivery of products, have led to a growing demand from the polystyrene market for packaging. The growing demand for packaging products is likely to remain the major driver for the polystyrene market over the forecast period.

Polystyrene is also widely used in insulation. This is also likely to remain a key driver for the polystyrene market over the forecast period. Insulation products are likely to be involved in significant turnover in the coming years due to the growing construction industry in developing economies, which has led to a growing demand for efficient building insulation products. The growing application of environmental subsidies and concessions leading to extra rebates in case of the building using heavy insulation, especially in developed Western economies, is also likely to be a key driver for the polystyrene market.

Competitive Analysis:

• Total
• Kumho Petrochemical
• Chi Mei Corporation
• BASF SE
• Formosa Chemical & Fibre Corp.
• ACH Foam Technologies Inc.
• INEOS Styrolution Group GmbH
• Alpek SAB de CV
• Innova, SABIC
• Trinseo

The report provides comprehensive profiles of all the leading players in the global polystyrene market, including an analysis of the player’s past operations and future strategies. A complete coverage of the competitive dynamics of the polystyrene market is presented in the report.

Industry Updates:

Polystyrene’s lack of eco-friendly attributes has been a major downer for the polystyrene market over the last few years. Several cities and councils in the U.S. have taken the decision to ban polystyrene products from schools and other civic buildings. In October 2019 alone, Fayetteville, Melrose, MA, and San Luis Abispo County, CA, enacted some forms of a ban on polystyrene. The environmental viability of polystyrene is likely to remain a key issue for the global polystyrene market.

Market Segmentation:

The global polystyrene market is segmented on the basis of type, application, end use, and region.

By type, the global polystyrene market is segmented into general purpose, high impact, expanded, extruded, and others. Expanded polystyrene is one of the most popular types of polystyrene and is likely to retain a sizeable share in the global polystyrene market over the forecast period.

By application, the global polystyrene market is segmented into rigid packaging, flexible packaging, seating, HVAC insulation, and others. HVAC insulation is the leading application segment of the polystyrene market, followed by rigid packaging.

By end use, the global polystyrene market is segmented into packaging, electronics, building and construction, consumer goods and appliances, and others.

Regional Analysis:

Asia Pacific held the largest share, of 44.7%, in the global polystyrene market in 2017 and is likely to retain the largest share in the market over the forecast period. The growing packaging industry in the region, driven by the growing ecommerce and the growing consumer goods sector, is likely to be a major driver for the polystyrene market in Asia Pacific over the forecast period. The growing construction industry in Asia Pacific is also likely to be crucial for the polystyrene market due to the growing demand for building insulation materials. Europe and North America also hold sizeable shares in the global polystyrene market.

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Polymer Gel Market | Size, Opportunities, Sales Revenue, Emerging Technologies, Industry Growth and Regional Study by Forecast to 2023

 

Market Overview:

The three-dimensional cross-linked polymer network structure of polymer gels that can also undergo significant deformation is one of the main characteristics driving the growth of the Polymer Gel Market globally. The combination of their distinctive physiochemical properties along with the display of a range of stimuli-responsive actions to external environmental changes has added to a great extent to the development of the market in the past few years. The market is likely to expand with a 6.55% CAGR during the assessment period (2018-2023).

The wide-range of applications of polymer gels include several end-use industries such as personal care, robotics, pharmaceuticals, paints & coatings, food, and healthcare. The rising levels of health consciousness among the masses coupled with the emergence of complex diseases and infection based disorders has fast tracked the demand for polymer gel in the production of personal care and hygiene products. The applications commonly observed in the healthcare domain are sanitary pads, diapers, wet wipes, burn treatment, bandages, and face masks among others. The application scope for polymer gel covers an extensive range of products in the personal care industry as well. This demand in the personal care industry is inspired by the increasing focus on personal well-being and maintenance of a trendy lifestyle. As a result of these factors, the cosmetics industry has emerged as one of the foremost consumers in the Polymer Gel Market. Moreover, an extensive level of investment by the governments is likely to offer a lucrative opportunity for the personal care product manufacturers globally to launch their facilities in this market.

The key strategic moves being initiated by the noteworthy industry players include product launches, capacity expansions, and supply agreements that are being leveraged upon to expand the market share in the forecast period dramatically. Additionally, advantageous foreign direct investment (FDI) policies offered by the emerging economies for this market are among one of the significant drivers of the market.

Competitive Analysis

The market includes a substantial number of the well-known Tier-1 and Tier-2 companies, along with a considerable incidence of small and medium scale industries. The vital companies in this market are implementing collective approaches and business tactics to increase a significant revenue and market share. LG Chem Ltd., Evonik Industries AG, BASF SE, Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Co., Ltd., Aspen Aerogels, Inc., Archer Daniels Midland Company, SNF Holding Company, KATECHO, INC., Cabot Corporation, Chemtex Speciality Limited, and Aerogel Technologies, LLC among others are a few of the important players functioning in the Polymer Gel Market.

Segmental Analysis

The segmentation of the Polymer Gel Market is carried out on the basis of type, raw material, form and end use industry. On the basis of raw material, the market is segmented into Poly Vinyl Alcohol (PVA), Poly Acrylic Acid (PAA), Poly Acrylonitrile (PAN) and Silicon. The Poly Acrylic Acid (PAA) is responsible for the major share of the market in 2017 and is estimated to reach USD 7,833.3 million. By Type, the market is segmented into Hydrogel and Aerogel. The hydrogel segment controlled the market in 2017. Nevertheless the aerogel is projected to expand at a high CAGR of 8.69 percent in the forecast period. The end-use industry comprises of healthcare, oil & gas, building & construction, cosmetics & personal care, agriculture, water treatment and electrical & electronics. The cosmetics & personal care is controlling the market is expected to achieve the value mark of USD 4,785.2 million till 2023. The form based segmentation of the market consist of semi-crystalline, particle, amorphous, blanket, and monolith. The semi-crystalline form is expected to grow at a maximum CAGR of 7.26 percent by 2023.

Detailed Regional Analysis 

The Polymer Gel Market covers regions around the world such as Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is expected to be the major market for polymer gel over forecast period. This is primarily due to the altering lifestyle of the people in this region and promising government policies implemented by the emerging economies i.e. China, India, and South Korea. India is expected to appear as a significant revenue pocket and a strong market for polymer gel in the review period due to growing emphasis of policymakers on refining health index of the people in their country. Following the Asia Pacific region, the North American region is the next major region in this market. The Europe region is another considerable region in this market, after the North American region. The Latin America and the Middle East & Africa region holds a relatively small share in this market.

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Pipe Coatings Market | Share, Size, Trend, Market Price, Industry Growth, Leading Player And Region – Forecast To 2023

 Market Overview:

Pipe coatings are protective coatings on metal pipes that are applied primarily to prevent corrosion and sustain harsh environmental conditions such as UV rays, moisture, solvents and others. The report published by Market Research Future (MRFR) states that the global pipe coatings market is anticipated to expand steadily at a CAGR of 5.18% during the forecast period of 2017-2023 and reach the valuation of USD 15,968.4 Mn by the end of 2023 from USD 11,800 Mn in the year 2017.

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Key Players:

·        AkzoNobel N.V

·        Arkema SA

·        3M

·        The Sherwin-Williams Company

·        BASF SE

·        Axalta Coating Systems Ltd

·        Specialty Polymer Coating Inc

·        DowDupont Inc

·        PPG Industries, Inc

·        Wasco Energy

·        Shawcor

·        LyondellBasell Industries Holdings B.V

·        The Bayou Companies, LLC

Market Drivers:

The substantial rise in the demand for energy from conventional sources has led to the increase in exploration and transport activities of oil and natural gas. The extensive application of pipe coatings in oil and natural gas industry in order to protect the pipelines from corrosion and environmental damage and increase the lifespan of the pipes are majorly fueling the growth of the global pipe coatings market.

The metal pipelines used in water and wastewater treatment plants are highly susceptible to corrosion due to constant contact with water and moisture. Increasing demand for high-quality pipe coatings in water and wastewater treatment plants in order to improve the durability of pipelines are propelling the growth of the global pipe coatings market.

Increased research and development activities are aiding in the introduction of high quality and long-lasting pipe coating chemicals. High adoption of chemical resistant, salinity resistant and long-lasting pipe coatings in marine and chemical processing units are aiding in the expansion of the global pipe coatings market.

Market Segmentation:

The global pipe coatings market has been segmented on the basis of product type, surface type, form and end use. Based on product type, the pipe coatings market has been segmented into thermoplastic polymer coatings, fusion bonded epoxy, metallic coatings, concrete coatings and others. The thermoplastic polymer coatings segment has been sub-segmented into polyethylene (PE), polypropylene (PP), polyurethane (PU), polytetrafluoroethylene (PTFE) and others.

Based on surface type, the pipe coatings market has been segmented into internal and external. Based on form, the pipe coatings market has been segmented into liquid and powder. Based on end use, the pipe coatings market has been segmented into oil and gas, marine, chemical processing, water and wastewater treatment and others.

Regional Analysis:

Geographically, the global Pipe Coatings Market has been segmented into five major regions such as Latin America, North America, Asia Pacific, Europe and the Middle East and Africa. The Asia Pacific region is projecting dominance over the global pipe coatings market owing to the mounting demand for energy and increasing government investment for the installation of new pipelines for water and wastewater treatment in this region. The Europe region holds second position in the global pipe coatings market, with respect to market size. The presence of large number of manufactures of pipe coatings is majorly fueling the growth of the global pipe coatings market in this region.

Industry Updates:

In September 2018, Altamont Capital Partners has announced the acquisition of major assets of The Bayou Companies, LLC, a Louisiana-based leading onshore and offshore pipeline coatings and insulation provider.

In February 2018, Shawcor Ltd., a Canadian oilfield services company, has received a conditional contract with the valuation of C$50 Mn from the EEW Group to provide anti-corrosion and concrete weight coatings for the replacement and upgrading activities being carried out at an offshore pipeline located in Qatar.

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Persulfates Market | Share, Size, Trend, Market Price, Industry Growth, Leading Player And Region – Forecast To 2023

 Market Synopsis:

Persulfate, also known as pyrosulfate, is a colorless, odorless, crystalline salt containing more oxygen than normal sulfates. It is prepared by electrolysis of their analogous sulfates at the high current density and low temperature. Persulfates are broadly categorized into two class namely peroxymonosulfate and peroxydisulfate.

Persulfates perform different functions across various end-use industries. They are used as chain initiators in polymer manufacturing, which includes plastics, rubbers, latex, polymer concrete, a polymeric coating of graphite filaments, and others. In the electronics industry, they are used as oxidants for surface preparation applications such as cleaning & etching of printed circuit board substrates as well as prior to plating, coatings, and adhesive bonding on electrical components. Persulfates further find application in the formulations of skin care and hair care products in the cosmetics & personal care industry. Persulfates are also utilized in the chemical industry as oxidizing agents in the preparation of aldehydes, ketones, carboxylic acids, quinones, and a variety of other compounds. The pharmaceutical industry uses sodium persulfate as a reagent in the preparation of antibiotics. Furthermore, persulfates are used in the adhesives & sealants manufacturing, oil & gas recovery, ink & pigment synthesis, metal separation process, photographic applications, paper & pulp manufacturing process, wastewater treatment, as well as for soil remediation.

Competitive Analysis

Ø  PeoxyChem.

Ø  United Initiators.

Ø  MITSUBISHI GAS CHEMICAL COMPANY, INC.

Ø  Ak-Kim Kimya

Ø  Fujian ZhanHua Chemical Co., Ltd.

Ø  LANXESS

Ø  Stars Chemical (YongAn) Co., Ltd.

Ø  Adeka Corporation

Ø  Hebei Jiheng Group Co., Ltd

Ø  Vr Persulfates Private Limited

Ø  Hebei Yatai Electrochemistry Co., Ltd.

Ø  Ansin Chemical (Shanghai) Co., Ltd.

Ø  Powder Pack Chem.

Ø  CHEMetrics, Inc. 

Ø  Merck KGaA

Segmental Analysis:

The global persulfates market is segmented by class, type, application, and region.

On the basis of the type, the global persulfates market is segmented into ammonium, sodium, potassium, and others. The ammonium persulfate segment is projected to lead the global persulfates market, in terms of volume, by type category during the forecast period owing to its wide application on account of its low cost and high solubility with water over other two types.

On the basis of the application, the global persulfates market is segmented into polymers, electronics, cosmetics & personal care, chemical, pharmaceutical, adhesives & sealants, oil & gas, mining, photography, paper & pulp, textiles, water treatment, soil remediation, and others. The electronics segment was leading the global persulfates market in 2017 owing to the growing persulfates use as cleaning agents and etchants in the printed circuit board manufacturing and is projected to grow significantly during the forecast period.

Regional Analysis

The global persulfates market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Asia Pacific held the largest market share of the global persulfates market in terms of market size, as of 2017 and is expected to show significant growth during the forecast period. Europe is likely to follow Asia Pacific in terms of market size and is expected to remain the second largest market during the review period. North America is another major market for persulfates, as of 2017 and is expected to show steady demand during the forecast period.

The Middle East and Africa has witnessed growth in the demand for persulfates and is expected to continue growing during the forecast period.

Latin America held the least market share of the global persulfates market in 2017 and is likely to show moderate growth during the assessment period.

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Perlite Market | Size, Share, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast – 2023

  

Demand for perlite in various applications has been showing an upward trend. The Global Perlite Market is expected to grow at a CAGR of 6.85% and reach a valuation of USD 2,250 Mn over the forecast period of 2018-2023, asserts Market Research Future (MRFR) in a minutely analyzed research report. The Global Perlite Market stood at USD 1,512 Mn in 2017.

Robust growth in the construction industry has resonated strong growth in The Global Perlite Market. Rise in residential construction purveyed by low-interest rates, low debt service rations, and rise in disposable income.  Perlite finds application in purposes ranging from fireproofing sprays, chimney fills, to interstitial floors. It is being highly favored for such purposes owing to its outstanding insulating properties and light-weight. It also helps in the reduction of noise transmission and is vermin and termite resistant.

 

Expanded Perlite is used across the globe as a component of soil-less growing mixtures since assists in moisture retention for plant growth. Its neutral pH value and the characteristics of being weed-free and sterile makes it more attractive to home gardeners and commercial growers. They are also used in greenhouse plantation.

Players Covered:

 

• Imerys Performance Additives
• Amol Dicalite Limited
• Genper Group
• Bergama Mining Perlite
• Supreme Perlite Company
• Keltech Energies Ltd
• Whittemore Company
• The Schundler Company
• Dupré Minerals
• IPM Group of Companies

 

Research Methodology:

 

At MRFR, primary emphasis is laid down on data accuracy to present a comprehensive view of the market and its various components. Both primary and secondary research methods are implemented to provide an in-depth analysis of current and historical trends of the market. Primary data mining includes interactions with top-level decision makers in the relevant field while secondary data collection uses credible sources to verify the data collected through primary means. The top-down and bottom-up approaches are deployed for the estimation of market size and ensure the reliability of the information provided.

Report Overview:

 

This MRFR report provides a thorough analysis of the prime factors determining the growth of the Perlite Market in the regions of North America, Europe, Asia Pacific, South America, and the Middle East & Africa. It also focuses on the revenue size of significant players in the market along with the strategies adopted by them for expansion. The report covers the application of perlite in construction, agriculture & horticulture, and others. Revenue analysis based on different forms of perlite has also been provided as a part of the research.

Segmental Analysis:

By Form

• Expanded Perlite
• Crude Perlite

By Application

• Construction
• Agriculture & Horticulture
• Industrial
• Others

By Region

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

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Neopentyl Glycol Market Scenario, Development, Segments, Industry Applications and Growth Opportunities to 2023

 

The global neopentyl glycol market is segmented by type, application, end-use industries, and region.

Neopentyl glycol is available in various types including flakes, molten, and slurry. The type to be used is determined on the basis of the conditions specified for manufacturing and application. The molten type neopentyl glycol is used in saturated polyesters, unsaturated polyesters, and esters for powder coatings, gel coats, and reinforced plastics, and synthetic lubricants respectively. The molten form is leading the market due to its wide consumption for manufacturing powder coatings, which emit less VOC. The slurry or suspension form is 90% neopentyl glycol by weight in water and is transported at a temperature ranging from 50–70ºC. The slurry form allows rapid esterification and high chemical & thermal stability. The neopentyl glycol flake is shipped at below 30ºC to prevent cake formation.

The application segment includes coatings, adhesives & sealants, insulation, plasticizers, fibers, agrochemicals, fuel additives, dyes, emollient, and others. Among these applications, the coatings emerged as the leading segment due to high demand from construction, automotive, aerospace, shipbuilding, and other industries. This can be attributed to the corrosion resistant nature and high thermal stability of neopentyl glycol. The demand for neopentyl glycol based adhesives & sealants is increasing due to their durability, stability, moisture & chemical resistance, and heat-resistant properties. Moreover, its usage in automotive insulation and agrochemicals is another factor propelling the product demand.

On the basis of the end-use industries, the market is segmented into paints & coatings, automotive, construction, chemicals, plastics, textiles, pharmaceuticals, cosmetics & personal care, and others. The paints industry is dominating the market owing to its use for applications such as powder coating, can & coil coating. The product is highly consumed for the manufacturing of adhesives & sealants and additives used in construction and automotive, which is expected to drive the market growth further. Also, it is used as a dye in the textile industry, which is likely to augment its demand over the review period. Growing opportunities for the product in pharmaceuticals such as the production of ibuprofen drug for generic diseases are likely to propel the market growth. The increasing penetration of personal care products as skin-conditioner and viscosity increasing agent is projected to augment the market growth over the assessment period.

Competitive Analysis

ü  BASF SE

ü  Celanese Corporation

ü  Eastman Chemical Company

ü  LG Chem

ü  MITSUBISHI GAS CHEMICAL COMPANY, INC.

ü  OXEA GmbH

ü  Perstorp Orgnr

ü  Polioli S.p.A.

ü  Oleon NV

ü  Shandong Dongchen New Technology Co,Ltd.

Regional Analysis

Regionally, the global neopentyl glycol market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific was leading the global neopentyl glycol market in 2017 on account of the high demand for manufacturing paints & coating, which are further used in automotive and construction industries. Moreover, the rising demand for neopentyl glycol in agrochemicals, textiles, and personal care products is expected to spur the market growth during the forecast period 2018-2023.

The high demand for neopentyl glycol as an additive in the powder coatings for resistance and stability led the North American market in 2017.  

The European market is projected to witness a moderate growth due to the demand from automotive production in Western Europe.

Intended Audience

 

• Neopentyl glycol Manufacturers
• Traders and distributors of Neopentyl glycol
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

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Metallocene Polyethylene Market | New Industry Research on Present State & Future Growth and Analysis Prospects to 2023

 Market Synopsis

Metallocene polyethylene is the special class of polyethylene produced using metallocene catalyst usually in the presence of copolymers. Metallocene polyethylene has narrow, uniform composition, and molecular weight distribution. It shows superior mechanical properties such as superior damage & puncture resistance, superior stiffness & toughness, good processability, good shrink characteristics, excellent optical properties, and low welding & sealing temperatures over conventional polyethylene produced using Ziegler-Natta catalyst.

Growing packaging industry due to rise in the demand for packaging materials across the globe is the key driver to the growth of the global metallocene polyethylene products over the forecast period. Additionally, growing market for injection molded products such as food containers, agriculture products, toys, garbage receptacles, plumbing products, and medical products are also attributed to the growth of the market during the forecast period. Growing food & beverage industry is likely to drive the demand for extrusion coated products including milk packaging, deep freeze packaging, and others. Therefore, it is expected  to impact the global metallocene polyethylene products positively during the forecast period. Furthermore, metallocene polyethylene resins are largely substituting PVC and EVA as a raw material for manufacturing films.

The global market for metallocene polyethylene is lucrative and is expected to witness rising growth owing to the expansion, collaborations, and partnerships strategies adopted by key players. For instance, India’s Reliance Industries Limited (RIL) has announced to restructure and expand its polyethylene (PE) plant by adopting the INEOS technology to manufacture metallocene linear low-density polyethylene (m-LLDPE). The expansion project is estimated to produce around 120,000 tonnes/year of m-LLDPE at their gas-based petrochemical complex at Nagothane in Maharashtra State.

However, rising concerns regarding the disposal of plastic films & products are likely to restrain the growth of the global metallocene polyethylene market during the assessment period 2018-2023. 

Key Players

Ø  SABIC

Ø  Exxon Mobil Corporation.

Ø  Brentwood Plastics, Inc.

Ø  Chevron Phillips Chemical Company

Ø  Univation Technologies, LLC.

Ø  TOTAL Petrochemicals USA, In

Ø  Chemieuro

Ø  INEOS

Ø  DowDuPont, Inc.

Ø  Formosa Plastics Corporation

Ø  Reliance Industries Limited

Ø  LyondellBasell Industries Holdings B.V.

Ø  Borealis AG

Market Segmentation

The global Metallocene Polyethylene Market is segmented by type, catalyst type, application, end-use industry, and region.

On the basis of the type, the global metallocene polyethylene market is segmented into metallocene linear low-density polyethylene (mLLDPE), metallocene low-density polyethylene (mLDPE), metallocene high-density polyethylene (mHDPE), metallocene medium-density polyethylene (mMDPE), and others. 

On the basis of the catalyst type, the global metallocene polyethylene market is segmented into zirconocenes, ferrocene, titanocene, and others.

 On the basis of the application, the global metallocene polyethylene market is segmented into packaging films, packaging sheets, injection molding, extrusion coating, and others.

On the basis of the end-user industry, the global metallocene polyethylene market is segmented into packaging, food & beverage, automotive, building & construction, agriculture, healthcare, and others.

Intended Audience

• Metallocene polyethylene manufacturers
• Traders and distributors of metallocene polyethylene
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

Regional Analysis

The global metallocene polyethylene market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. 

Asia Pacific is expected to be the largest and the fastest growing market for metallocene polyethylene during the forecast period. A significant demand for packaging films in wrapping as well as in protective applications across different end-use industries such as food & beverage, automotive, building & construction, agriculture, healthcare, and others are likely to contribute majorly to the market growth during the forecast period.

North America is expected to be the second-largest market for metallocene polyethylene during the forecast period. A significant demand for packaging films, injection molded products, and extrusion coated products from end-use industries such as building & renovation industries, food & beverage, healthcare industry, and other industries are expected to drive the demand for metallocene polyethylene during the forecast period.

Europe is expected to be another major market for metallocene polyethylene during the forecast period. High demand for injection molded products and films from the automotive and microelectronics industry is expected to boost the market growth during the forecast period.

Latin America and the Middle East & Africa are expected to show a sluggish growth during the forecast period due to the slow economic development and stringent regulations respectively.

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