Refinery Catalyst Market | Growth, Trends, Segmentation, Global Industry Analysis, Top Manufacturers, Regional Outlook and Covid -19 Impact Analysis and 2023

 

Market research future published a half cooked research report on Global Refinery Catalyst Market. The refinery catalyst market is expected to grow over the CAGR of more than 4% during the period 2017 to 2023.

Market Insights

Market Research Future has added a new report on the global refinery catalyst market which reveals that the market is set to grow at a CAGR of more than 4% during the forecast period of 2017 to 2023. Moderate yet consistent growth is expected by the market due to growing oil and gas activities across the globe.

Refinery catalysts are extensively utilized in refinery processes such as FCC, hydrocracking, and other. refinery catalysts are vital in the conversion of crude oil to more valuable forms of fuel. The growing demand for gasoline particularly in emerging economies is expected to impact the global market positively. Government bodies in developed economies are increasingly implementing stringent regulations with regards to environment conservation and fuel. The extraction of heavier crudes and ever-increasing energy demands have resulted in increased refinery activities thus driving the demand for refinery catalysts.

Refiners are building new refinery units or renovating existing facilities to meet the growing demand for fuel. Moreover, refinery catalyst manufacturers are actively engaged in offering customers with cutting-edge refining components. Ongoing R&D toward the production of optimized refinery catalysts are vital in the creation of future market opportunities.

Get Free Sample Copy@ https://www.marketresearchfuture.com/sample_request/2987

Key Players

·       BASF SE

·       Honeywell UOP LLC.

·       Criterion Catalysts & Technologies L.P.

·       Exxon Mobil Corporation

·       Clariant International Ltd

·       W. R. Grace & Co.

·       China Petroleum & Chemical Corporation (Sinopec Corp.)

·       Axens SA

·       Albemarle Corporation

·       Haldor Topsoe A/S

Scope of the Report:

This study provides an overview of the global refinery catalyst market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global refinery catalyst market by its type, by application, by regions.

By Type

• FCC Catalysts
• Hydrotreating Catalysts
• Hydrocracking Catalysts
• Catalytic Reforming Catalysts

By Ingredient

• Zeolites
• Metals
• Chemical compounds

By Regions

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Regional Analysis

The Asia Pacific leads the market with the highest growth due to the presence of various emerging economies in the region with rapidly rising demand for fuel. Countries such as India and China among others have massive consumer populations and a swiftly expanding automotive industry among others. The demand for energy and fuel in the region to power homes, vehicles and the industrial hub that the region has become has catapulted the region into leading position. Growing construction of refinery infrastructure is another key factor driving the regional market.

The North American market closely follows the Asia Pacific. The U.S leads the region's growth and has a significant demand for fuel and crude oil by-products. The presence of several key players in the region add to the regions growth drivers and cement its position as a leading regional market.

Latest Industry News

·       BASF has launched its new FCC catalysts, Luminate. The Luminate FCC catalyst delivers higher liquid yields and is based on BASF's new and improved Zeolite Y (IZY) technology.

·       Fuji Oil has commenced use of Honeywell UOPs new R364 Platforming catalyst for the increased production of aromatics for chemical production at its plant in Japan.

COVID-19 Outbreak Impact on Renewable Chemicals Market@ https://www.marketresearchfuture.com/report/covid-19-impact-renewable-chemicals-market

COVID-19 Impact Analysis on Aluminum Extruded Products Market@ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market

Polycarbonate Glazing Market | Size, Share, Trends, Scope, Competitive Landscape and Better Investment Opportunities Analysis by MRFR

 

Market Overview:

According to the analysis of MRFR, the major market forces and trends driving growth of the global polycarbonate glazing market includes growth of construction sector, increasing automotive production, and favorable government regulations. Rapid urbanization, escalating public and private investment, and rising disposable income of the people in emerging economies is anticipated to boost demand for the product over the forecast period.

The benefits of these sheets percolated across commercial, industrial, and institutional sectors finding wide application scope in overhead glazing and greenhouse glazing which will further boost up the market growth. Moreover, shifting consumer preference towards green & sustainable construction is expected to fuel demand for the product in the coming years. Moreover, rising demand for lightweight automobiles coupled with adoption of strict emission reduction norms are predictable drivers of the market. However, high cost associated with the polycarbonate glazing material along with the regulations prohibiting the usage of polycarbonate in automotive windscreens is predicted to hinder market growth over the forecast period.

Competitive Landscape:

·        Palram Industries Ltd.

·        Plazit Polygal

·        SABIC

·        MG Polyplast Industries Pvt. Ltd

·        Gallina

 Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Growing automotive, construction industries, and agriculture sector, and continuous collaborations and agreements between manufacturers, distributers, and marketing firms are the key factors for the growth of Polycarbonate glazing in the global market. Taking into account these trends, the global Polycarbonate Glazing Market is projected to witness considerable competition over the forecast period of 2017-2023.

Industry/ Innovation/ Related News:

August 2, 2017- Plazit polygala has recently introduced new product line called TOPGAL Multi Wall Panel System, earlier this month. The product specified of 11 layer 32 mm thickness which is particularly applicable in cold climate. Topgal panels and components combine to offer more rigidity, thermal insulation, strength and solar heat control than our standard sheets and profiles.

March 9, 2017- Palram Industries Ltd. has recently announced launch selective light transmission roofing panels for greenhouse, gardening centers and retail outlets. The product is called "SolarSmart". The newly introduced panels are beneficial in the seasonal changes in weather. In temperate regions, panels facilitating maximum light transmission for plants and good thermal insulation are used to minimize the need for artificial heating.

May, 2016- SABIC launched clear and lightweight sheets at exhibition held in Hamburg for aircraft interior industry, in order to help aviation customers to reduce weight and cost, enhance safety and sustainability, and optimize flying experience. This development is set to propel demand of the product form aerospace industry which is driven by increasing civil aviation sector across the world.

Regional Analysis:

Regionally, the global polycarbonate glazing market is divided into five main regions namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among all the regions, Asia Pacific dominates the market and expected to witness fastest CAGR during the review period. Rising construction activities and growth of automotive industry are the major factors behind the market growth in Asia Pacific. The Asia Pacific market is trailed by Europe, which is followed by North America.

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 major key developments and strategies of key vendors.

COVID-19 Outbreak Impact on Renewable Chemicals Market@ https://www.marketresearchfuture.com/report/covid-19-impact-renewable-chemicals-market

COVID-19 Impact Analysis on Aluminum Extruded Products Market@ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market

Methyl Isobutyl Ketone Market | Trends Opportunities, Up-to-date Development Data and Global Research Insight 2020-2023

 

Methyl Isobutyl Ketone Market Overview to 2023:

Methyl Isobutyl Ketone (MIBK) is also known as mono-isobutyl ketone. It is a stable, clear, and colorless liquid with a pleasant odor. Around 60% of the MIBK is manufactured by aldol condensation of acetone and its derivative intermediates, mesityl oxide, and diacetone alcohol. Methyl Isobutyl Ketone are found naturally in orange and lemon juice, vinegar, papaya, baked potatoes, grapes, ginger, cheese, milk, plum, mushrooms, and others. MIBK is compatible with many organic materials, which makes it a superior industrial solvent. It is widely used as a chemical intermediate, extracting agent, solvent, and denaturant in numerous end use industries such as pharmaceuticals, agrochemicals, paints & coatings, and automotive among others. Other industries include packaging, rubber manufacturing, and cosmetics.

As per our analysis, some of the prominent market factors and trends identified in the global methyl isobutyl ketone market include rising demand for MIBK solvent for coatings in automobile and electronics industry, increasing demand for adhesives, paints, and coatings on account of growing construction spending. Additionally, rapid industrialization coupled with rising per capita disposable income is expected to drive the market growth during the review period. Moreover, to meet a diverse set of needs resulted due to huge demand from agrochemical industry is predicted to boost the market growth during the given period. These are widely used in the manufacturing of cosmetics and personal care products, thus, the consumption of MIBK in recent years is set to increase and is likely to fuel the market growth. Regulatory bodies, specifically in developed countries, have imposed stringent regulations on MIBK manufacturers regarding its toxicity level, which is estimated to hamper the market growth over the assessment period.

Global Key Players:

·       Eastman Chemical Company

·       The Dow Chemical Company

·       Shell Chemicals

·       Arkema Group

·       Kumho P&B Chemicals Inc.

·       LCY GROUP.

·       Celanese Corporation

·       Mitsui Chemicals, Inc

·       NINGBO OCEANKING CHEMICAL DEVELOPING CORPORATION

·       Zhejiang Xinhua Chemical Co.,Ltd.

·       Sasol

Regional Analysis:

The global methyl isobutyl ketone market is segmented into five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Asia Pacific is estimated to grow at the fastest CAGR during the review period on account of increasing demand from end use industries such as automobiles, agrochemicals, and construction among others. The demand for methyl isobutyl ketone is projected to surge in developing countries such as India, China, and Malaysia due to increasing automobile production and sales. Moreover, ease in availability of raw material, relatively cheap labor cost, and implementation of new development strategies to fulfil the demand for methyl isobutyl ketone in the increasing applications are the prominent factors for the regional market growth.

Asia Pacific has emerged as the largest market for methyl isobutyl ketone followed by North America and Europe. North America is expected to witness a steady growth in MIBK market due to the increased usage in pharmaceutical and packaging industries. North American countries such as the U.S. and Canada are among the key contributors in the regional market growth and are expected to witness regional market growth in the upcoming years. Countries in Europe such as Spain, Germany, and the UK have emerged as the regional consumer markets due to developed end use industries and rising consumer spending on personal care products. Additionally, the Middle East & Africa is expected to witness a moderate growth over the forecast period. Rising construction spending in commercial as well as institutional sector, especially, in Qatar, Saudi Arabia, and the United Arab Emirates (UAE) is projected to positively influence methyl isobutyl ketone business during the assessment period.

Access for More Detail@ https://www.marketresearchfuture.com/reports/methyl-isobutyl-ketone-market-4254

Segmentation:

The global methyl isobutyl ketone market is segmented based on application, end use industries, and regions. On the basis of application, the market is segmented into solvent, chemical intermediate, extracting agent, denaturant, and others.
On the basis of end use industries, the market is categorized into paints & coatings, pharmaceuticals, agrochemical, automotive, and others.
On the basis of regions, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

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

• Methyl Isobutyl Ketone manufacturers
• Traders and Distributors of methyl isobutyl ketone
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

COVID-19 Outbreak Impact on Renewable Chemicals Market@ https://www.marketresearchfuture.com/report/covid-19-impact-renewable-chemicals-market

COVID-19 Impact Analysis on Aluminum Extruded Products Market@ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market

Label Adhesives Market | Regional Outlook, Price Trend, Market Share and Forecast 2019-2023

 

Label Adhesives Market Forecast to 2023:

Label Adhesive is a sticky substance applied on small piece of paper, which is designed to be affixed to another larger piece of paper or other object. The product is, essentially, used in self-adhesive labels, which is a three-layer paper structure with a Label Adhesive sandwiched between two different types of papers. The most familiar type of label is the postage stamp developed during nineteenth century. Six important types of Label Adhesives are present in the market depending upon their applications, such as permanent, removable, freezer, high temperature, and repositionable. The major applications of such adhesives is in labels applied on different types of substrate of material namely, PET, metal, or polyolefin bottles.

The growth of this market is due to factors like increasing demand for informative labels on bottles containing food and beverages. Requirements of buyers and sellers today regarding product choice are different today. Today, the laws from government and regulatory authorities also make it compulsory for food brands to list basic nutritional information on the product packs for which, labels are required. The global market for label adhesives can rise during the forecast period with manufacturers of consumer goods increasingly adopting the use of labels because attractive packaging and labeling are visually appealing to consumers.

However, the bottlenecks that can hamper the market growth include the formulation and implementation of new regulations, like Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) in Europe. Some other directives to control solvent emissions are likely to affect market growth negatively. Lastly, with many manufacturers using flexible, printed, and rigid packaging the need for the label gets eliminated which can hurt the market.

The global label adhesives market has been segmented on the basis of end users, type, substrate type, technology, and lastly, region. On the basis of end users, this market has been segmented into food & beverages industry, personal care & cosmetics, pharmaceuticals companies, and other retail products. The market on the basis of end users is growing with the increasing and emerging middle-class population which has high disposable income today. Middle-class population often uses labels to mark their boxes while planning to move into a new house.

By type, the market has been segmented into the freezer, high temperature, permanent, removable, and repositionable. Based on substrate type, the market has been segmented into polyethylene terephthalate (PET), metal container, and polyolefin bottle. Polyethylene terephthalate is the most common thermoplastic polymer resin of the polyester family. It is useful for containers for liquids and foods, fibers for clothing, and thermoforming for manufacturing. When combined with glass fiber, it is useful for engineering resins. The technology-based segmentation segments the market into hot metal based, water-based, and solvent-based.

The regional segmentation of the global Label Adhesives Market Size segments the market into the regional markets namely Asia Pacific, Europe, Latin America, the Middle East & Africa (MEA), and North America. According to the report, Asia Pacific is expected to emerge as the fastest growing market during the forecast period with a 40% share. In the region, the market growth is primarily driven by increasing use of packaged items starting from food & beverages to other retail product. Among all regional markets, the Asia Pacific is expected to rise with the highest CAGR during the forecast period. The crucial country-specific markets in this region are Australia, China, India, Japan, and New Zealand, followed by the rest of the Asia Pacific region.

Europe is another substantial regional market. In this region, the market is driven by demand for the material by industries like food & beverages, and pharmaceuticals. In this region, the most important country-specific markets are France, Germany, Italy, Poland, Russia, Spain, and the United Kingdom (UK). North America is coming next after Europe to be one of the significant regional markets. The European market is bigger as its population is more than North America. The highest demand for label adhesives in North America comes from manufacturers offering packaged and canned food products. In this region, the majority of key players in the market are based in the United States of America (USA). Another key market in this region is Canada.

Among Latin America and MEA region, the Latin American market is expected to grow at faster due to pacifying economic and political scenario. The key country-specific markets in this region are Argentina, Brazil, and Mexico, followed by the rest of Latin America. In the MEA region, the market is slow due to political instability. The key country-specific markets in this region are Bahrain, Israel, Kuwait, Oman, Qatar, Saudi Arabia, Turkey, United Arab Emirates (UAE), and North Africa.

Key Players

ü  3M

ü  Akzo Nobel N.V.

ü  Ashland Global Holdings Inc.

ü  Avery Dennison

ü  BOSTIK S.A

ü  The Dow Chemical Company

ü  H.B Fuller

ü  Henkel AG & Co. KGaA

ü  ITL Apparel Label Solution

ü  Lintec Corporation

ü  PPG Industries, Inc.

Latest Industry News

• Officially marking its debut in the craft beer labeling market, Mactac Roll Label has launched a new line of all-temperature, pressure-sensitive paper, and film craft beer labels. 23 AUG 2018
• At Labelexpo Americas 2018 event, Taghleef Industries launched new multi-layer barrier films called PPFB and PPGB. These films are for industrial labeling applications that require an extreme barrier to staining associated with tire, battery and candle labeling. 5 SEP 2018

Intended Audience

• Label Adhesive Manufacturers
• Traders and Distributors of Label Adhesive
• Research and Development Institute
• Potential Investors
• Raw Material Suppliers
• National Laboratory

COVID-19 Outbreak Impact on Renewable Chemicals Market@ https://www.marketresearchfuture.com/report/covid-19-impact-renewable-chemicals-market

COVID-19 Impact Analysis on Aluminum Extruded Products Market@ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market

Insulation Market Share, Sourcing Strategy, Downstream Buyers, Industry Size, Segmentation Analysis and Global Forecast to 2022

 

Market Overview:

Insulation is required for building purposes as they serve a variety of reasons. Market Research Future, a firm which specializes in market reports related to the Construction sector among others, recently published a report on this market.  The global insulation market will expand at a rapid pace with an increase in revenue and an encouraging CAGR in the forecast period.

Get Free Sample Now@ https://www.marketresearchfuture.com/sample_request/1654

As the demand for insulation products rises every day, the market for insulation products is expanding in proportion to meet this demand. With increase in construction activities around the world, the demand for insulation products has increased significantly. Rising costs of energy have also supplemented the growth of the sector tremendously. Factors such as increasing rate of urbanization and need for energy efficiency has further bolstered the growth of the market.

Market Segmentation

The global insulation market has been segmented based on material and application.

By material, the global insulation market has been segmented into fiberglass, plastic fibers, mineral wood, and natural fibers.

By application, the global insulation market has been segmented into residential and non-residential.

Top 10 Competitive Landscape

ü  CertainTeed Corporation

ü  Huntsman Corporation

ü  Nova Chemicals Corporation

ü  Dow Building Solutions

ü  GAF Materials

ü  Johns Manville

ü  Owens Corning

ü  Knauf Gips

ü  Bayer AG

ü  Atlas Roofing Corporation

Get Complete Research Report@ https://www.marketresearchfuture.com/reports/insulation-market-1654

Industry Updates

February 2019- Chinese and American researchers have reportedly developed a new variety of aerogel which can be used for insulating applications. The material has robust mechanical and thermal stability as performs exceptionally well in transformation and toughness.

Regional Analysis

By region, the global insulation market has been segmented into North America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

APAC is the largest market for insulation. Prolific growth of the construction industry and high focus on energy conservation are driving the market in APAC. The governments in the region have laid down various regulations which encourage insulation in end use applications.

North America is a significant market driven by steady investments in the real estate market and consumer affinity for green buildings. Continuously expanding construction industry and developments in commercial and residential structures in the US fuels the growth of the market. Government focus on conservation of energy has resulted in the development of standards which advocate the use of insulating materials which induce high demand within the market.

Europe too is an important revenue pocket for the global insulation market. The resurgence of construction activities coupled with towering environmental concerns is favoring the use of structural adhesives. Moreover, growing interest in energy saving and increasing investment in commercial and infrastructure construction is also supporting market growth.

Check Blog@ https://www.marketresearchfuture.com/blogs

Related Report @ https://www.marketresearchfuture.com/categories/chemicals-market-report

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.