Polymer Nanofiber Market Global Industry Trends, Size, Share, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast – 2027

 

Polymer Nanofiber Market Overview to 2023:

Global polymer nanofiber demand is on the rise. The application potential of the material is vast. Market Research Future (MRFR’s) latest study reveals that the global polymer nanofiber market is set to touch the USD 1 Bn mark during the assessment period (2016-2023). Polymer nanofiber is gaining traction in healthcare, biotechnology, aerospace, drug delivery, tissue engineering among others. The material is also used in applications such as energy storage, separation processes, etc.

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Both synthetic and naturally occurring polymers are used for making nanofibers. Polymer nanofibers have characteristics such as high porosity, large surface area-to-volume ratio, and greater mechanical strength. These characteristics gives polymer nanofibers an edge over other microfibers.  In fact, microfiber filters are being replaced by polymer nanofibrous media. This in turn is drawing tremendous commercial interest towards polymer nanofibers.

Drug delivery technology is also viewed as an attractive area of utilization for polymer nanofibers, which is expected to create significant growth opportunities for the market in the forthcoming years. Nonetheless, the synthesis process of polymer nanofibers has few drawbacks, which remains a restraining factor for the market. Additionally, high cost associated with nanofiber partly undermines the market potentials. To overcome such challenges, significant investment in polymer nanofiber R&D is being made. Such R&D efforts are expected to benefit the market and create new growth avenues in the years to come.

Competitive Landscape

·       SNS Nano Fiber Technology

·       eSpin Technologies

·       DuPont

·       Donaldson Company, Inc.

·       TEIJIN LIMITED

·       Catalytic Materials LLC

·       Ahlstrom Corporation

·       TORAY INDUSTRIES, INC.

·       Johns Manville

·       Hollingsworth & Vose

Segmental Overview

The segment analysis of the global polymer nanofiber market based on end use, method and region.

By end use, the market has been segmented into energy, medicine, filtration, biotechnology and others. By method, the market has been segmented into drawing, thermal induced phase separation (TIPS), template, self-assembly and electrospinning.

Global Polymer Nanofiber Market: Regional Segmentation

On the basis of region, the market has been segmented into five key regions, which include Latin America, North America, the Middle East & Africa (MEA), Asia Pacific, and Europe. APAC is one of the largest markets for polymer nanofiber.  Improving government fund allocation in segments such as environment conservation and sustainable energy is proving an impetus to the APAC polymer nanofiber. Countries such as China, Japan and India are expected to make significant contributions to the market during the forecast period. This is primary owing to presence of massive or fast-expanding end-use industries in these countries.

North America is second in the pecking order and expected to remain a highly attractive market for polymer nanofiber during the forecast period. The market in North America is led by the U.S., nanofiber demand in the countries is expected to grow further in coming years. Several factors are associated with the uptick in nanofiber sales in the region. Emphasis on energy conservation is one of the primary market drivers. Presence of large-scale end-use in the U.S. is auguring well for polymer nanofiber suppliers.

Industry News

·       Tejin Group’s fibers and products coverting business has reportedly developed cost-effective and unique polishing pads that will improve silicon wafer quality control. These pads are manufactured using nonwoven Nanofront ultra-fine nanofiber, which developed using a supple water-absorbent polymer saturated with polyurethane resin.

 

·       Akron Ascent Innovations, LLC (AAI) a U.S. based technology start-up recently revealed an innovative dry adhesive technology, which is expected to extremely user friendly. The adhesive is a high-performance product and will facilitate damage-free clean removal. The adhesive is made of millions of solid, sub-micron-diameter nanofibers with low peel force.

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Polyester Coatings Market Analysis, Size, Share, Growth, Trends, and Forecast 2020 – 2027

 

Market Overview:

Polyester coatings are used in a wide variety of applications such as warehouses, roofing, facades, flooring, and others due to their capability of offering high performance, enhanced efficiency, and reliable nature to the final product. Thus, they are used in various applications such as automotive, construction, packaging, aviation, paints & coatings, and others. The global polyester coatings market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to continue leading, owing to the increasing consumption of polyester coatings in automotive, construction, packaging, aviation, paints & coatings, and others. It is estimated that the construction segment is set to observe the highest CAGR in the market due to growing infrastructure development in developing economies. Moreover, increasing demand for polyester paint in automotive, packaging, aviation and others is likely to witness a rapid growth during the forecast period. These factors have led China, Japan, and India to be the major players in this region.

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The North America market is expected to grow at a higher CAGR due to growing mergers and acquisitions among the leading companies. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in end-use industries. Therefore, the growing demand for superior performance coatings in end-use industries is estimated to drive the market during the forecast period.

A significant development is observed in Europe due to the adoption of stringent norms and policies set by the regulatory bodies to adopt polyester coatings in end-use applications such as flooring, roofing, facades, and others. The growing demand for oil-free products has propelled the market to witness a better growth. Thus, countries such as Germany, the U.K, and Italy are the major contributors to this market.

A notable growth is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to increasing demand for the product in end-use applications. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing demand for polyester coatings in end-use industries such as construction, paints & coatings, and others.

Segmentation

The global polyester coatings market is classified by the application segment. On the basis of the application, the market is bifurcated into automotive, construction, packaging, aviation, paints & coatings, and others.

Competitive Analysis

Some of the well-known players operating in the global polyester coatings market are AGC Chemicals Americas (U.S.), BASF SE (Germany), DuPont (U.S.), Momentive (U.S.), The Dow Chemical Company (U.S.), Huntsman International LLC(U.S.), 3M (U.S.),  PPG Industries, Inc (U.S.), Axalta Coating Systems, LLC (U.S.) and Akzo Nobel N.V. (the Netherlands) among others.

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Mold Release Agent Industry | Size, Share, Growth Insight, Competitive Analysis, Business Opportunities, Statistics, And Regional Forecast To 2027

 

Mold Release Agent Market Overview to 2023:

Mold Release Agents are used to control the adhering of molding surface and substrate. Mold Release Agents can be easily cooled and poured directly into mold cavities, as an external release agents. Mold Release Agent is formulated especially for mold making and casting, and works with most liquid rubber and liquid plastic products. Mold release agents’ major use is to release plastics, rubber, concrete, and different substrate.

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Some of the prominent factors that positively influence the growth of Mold Release Agent Market are increasing rubber production owing to the rising automobile manufacturing units, rising demand for plastic products in food processing and storing applications. Additionally, increasing construction activities resulting in the use of mold release agents to prevent adhesion of concrete to plywood or any metal surfaces. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2017 to 2023. Moreover, continuous expansion of paper packaging industry as well as shifting manufacturers’ focus towards green packaging are estimated to fuel the growth of the market during the review period, 2017 to 2023. However, growing environmental concerns regarding the toxic effect of chemicals used in mold release agent along with the implementation of strict regulations are predicted to hinder the market growth over the assessment period, 2017 to 2023.

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Global Key Players:

·        Chem-Trend L.P.

·        Michelman, Inc.

·        Henkel AG & Co. KGaA

·        Wacker Chemie AG

·        Croda International plc

·        Daikin Industries, Ltd.

·        Shin-Etsu Chemical Co., Ltd.

·        Mcgee Industries Inc

·        Cresset Chemical Company

·        Grignard Company, LLC

·        REXCO

·        Marbocote Ltd

·        CHUKYO Europe GmbH

Industry Segmentation:

The Global Mold Release Agent Industry is categorized based on type, application, and region. Based on type, the market is bifurcated into solvent based and water based. Based on application, the Mold Release Agent Market is categorized into concrete, rubber, plastics, food processing, paper, and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis:

Asia Pacific is estimated to be the largest Mold Release Agent Market followed by North America and Europe due to strong existence of rubber raw materials. In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for Mold Release Agents in paper packaging manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for Mold Release Agent, and is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of mold plastics sector is predicted to contribute to the regional market growth. In North America, the U.S and Mexico are among the major contributors in the regional market growth due to expansion and renovation housing projects as well as increasing innovations. In South America, Mexico is expected to register strong growth due to robust presence of automobile manufacturers.

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Medical Foam Market Size Estimation, Price Trends, Sales, Industry Latest News, and Consumption by Forecast to 2027

 

Market Synopsis:

Global Medical Foam Market is expected to record a CAGR of 6% during the review period.

The expanding healthcare industry and increased spending on healthcare, coupled with the rising geriatric population, are expected to fuel the demand for medical foam. The growing demand for implantable medical devices is likely to drive the growth of the medical foam market. However, fluctuations in raw material prices are expected to hinder the market growth.

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Regulatory Analysis

The increasing regulations against the use of isocyanates and polyols due to their hazardous impact are likely to affect the growth of the polyurethane market and, thus, the medical foam market.

Segmentation

By Form: The medical foam market can primarily be categorized into flexible, rigid, and spray.

• Flexible —The flexible segment accounted for the largest market in 2019 due to the growing use of flexible foam in medical dressing, bedding & cushioning, medical face shields, wheelchair pads, and orthotics, among others.
  
  

• Rigid —Rigid medical foam finds application in diagnostic imaging beds, X-ray and diagnostic tables, artificial bone test media, and packaging of medical devices. Thermoformed rigid plastic materials such as polyethylene terephthalate glycol (PETG), polyethylene terephthalate (PETE), acrylonitrile-butadiene-styrene (ABS), and high impact polystyrene (HIPS) are primarily used for medical packaging applications.
  
  

• Spray —Spray medical foam is used for disinfecting the surfaces of non-invasive medical devices as well as invasive medical devices.

By Material: The global medical foam market has been segmented into polymers, latex, and metal.

• Polymers —The polymers segment accounted for the largest share of the global medical foam market in 2019. Some of the commonly used polymers used to make medical foam include polyurethane foam, polystyrene, polyethylene terephthalate glycol, and polyolefin. Among these polymers, polyurethane foam is being widely used owing to its superior properties, including light weight, resiliency, low odor, and high resistance to mildew

• Latex —Latex is widely used in mattresses and mattress toppers over other materials owing to its durability. The increasing number of hospitals is likely to drive the need for beds and, thus, for latex.

• Metal —Metal foams are likely to replace rigid materials in medical implants such as titanium. Metal foams possess modulus of elasticity similar to that of bones. Additionally, medical foams are light in weight, exhibit high-energy absorption capacity, and provide high mechanical strength.

By Application: The global medical foam market has been segmented into bedding & cushioning, medical packaging, medical devices & components, prosthetics & wound care, and others

• BEDDING & CUSHIONING —The segment accounted for the largest share of the global medical foam market in 2019 and is expected to register a significant CAGR during the review period. Polyurethane foam is being widely used in medical bedding & cushioning applications, including medical pillows, comfort pads, surgical beds, and wheelchair cushions, among others. Medical cushions support the head, neck, and shoulders and alleviate tension & stress.

• MEDICAL PACKAGING—Medical foam made using material such as cross-linked polyethylene foams, thermoplastic polyurethane, polyethylene terephthalate, and polyethylene terephthalate glycol are used in packaging of medical devices such as orthopedic plants, surgical screws, and clamshells. Thermoplastic polyurethane foams are extensively used with sterile barrier systems in protecting orthopedic implants and surgical screws, among others.

• MEDICAL DEVICES & COMPONENTS—Medical foams are used for packaging, gasketing, and sealing in medical devices. The growing use of medical devices is likely to fuel the demand for the medical devices segment at a significant rate during the review period.

• PROSTHETICS & WOUND CARE—Medical foams are used to cover wounds as it offers high performance and reliability. Medical foams absorb fluids & bacteria and thus, provide an effective dressing for bleeding, open, or seeping wounds. Medical foam is used as a filler in arm prostheses.

• Others
  
  

By Region: The global medical foam market has been segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Asia-Pacific: The market in Asia-Pacific accounted for the largest market share in 2019 and is expected to grow at a significant CAGR during the review period on account of growing healthcare industry particularly in China and India.

• North America: The established presence of medical device industry is likely to drive the growth of the North American medical foam market.

• Europe: The increased spending on R&D activities in medical industry is likely to drive the market growth in the region.

• Latin America and Middle East & Africa: Latin America and the Middle East & Africa markets are likely to register considerable growth during the review period on account of increasing healthcare spending coupled with rising geriatric population.

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Halogen-Free Flame Retardants Market Global Size, Share, Emerging Trends, Demand by Region with the Forecast to 2027

 

Market Synopsis:

Regionally, the global halogen-free flame-retardant market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

North America dominated the global halogen-free flame retardants market in 2016 owing to growing demand from reviving construction, automotive, and aerospace industries in the region. Use of plastics along with halogen-free flame retardants in the automotive parts such as chemical tanks, cable insulation, gas cans, carpet fibers help to reduce overall weight and toxic emissions in the environment. The U.S. aerospace and defense (A&D) industry is the world’s leading innovator and producer of technologically advanced aircraft, space and defense systems. In 2016, the U.S. aerospace industry contributed around export sales of USD 147 billion to the U.S. economy.

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Thus, rising adoption of lightweight aircraft with low emission and higher fuel efficiency are expected to augment the market growth. Furthermore, the construction spending as of March 2018 is nearly USD 1,284,740 million according to United States Census Bureau. The reviving construction activities in this region is expected to drive the demand for these flame retardants over the assessment period. Furthermore, the U.S. Environmental Protection Agency announced safer alternatives for halogenated flame retardants such as hexabromocyclododecane (HBCD) and entabromodiphenyl ether (pentaBDE) in 2014, which is likely to propel the demand for non-halogenated flame retardants.

Europe was the second largest region in the global halogen-free flame retardant market in 2016 on account of the high product demand from the automotive sector. The European FP7 research project NANOFRABS developed new and more effective halogen-free flame retardant for ABS compound by incorporation of nanofillers. These ABS compound are much lighter than any other plastics and thereby can help in vehicle reduction by 10%, which makes them fuel efficient. They are highly used in dashboards, wheel covers, bumper bars, and others due to their strength, chemical and scratch resistance.

Asia Pacific is expected to witness a significant growth owing to the high demand for non-halogenated flame retardants from major end-use industries such as construction, automotive, and electrical & electronics. High production and sales of automotive and consumer electronics in China, India, South Korea and Australia is expected to drive the market growth in this region.

Latin America is projected to witness a significant growth owing to the high demand for halogen-free flame retardants from the automotive industry.

The infrastructural and the construction activities in the GCC countries are likely to fuel the demand for halogen-free flame retardants in the Middle East & Africa over the assessment period.

Key Players

·        Clariant

·        Lanx

·        ICL

·        Albermarle Corporation

·        Nabaltec AG

·        RTP company

·        Huber Engineered Materials

·        SIMONA AMERICA Inc.

·        Bayer AG

·        BASF SE

·        Celanese Corporation

·        Delamin Limited

Segmentation

The global halogen-free flame retardants market is segmented on the basis of the type, resin, application, and region.

On the basis of the type, the global halogen-free flame retardants market is segmented as aluminum hydroxide, alumina trihydrate, magnesium hydroxide, phosphorous-based, molybdate flame retardants & smoke suppressants, and others.

Based on the resin, the global market is segmented as polypropylene, polyethylene, nylon, polycarbonate, polyethylene terephthalate, polybutylene terephthalate, and others.

On the basis of the end-user industries, the market is segmented into building & construction, electronics & electrical, automotive, paints & coatings, and others.

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Geosynthetics Market Research, Competitor Strategy, Industry Trends and Forecast to 2027

 

Market Synopsis

According to the MRFR analysis, Global Geosynthetics Market size is estimated to reach a value of USD 27.5 Billion by 2025 exhibiting a CAGR of 6.5%

Geosynthetics products are the planar products manufactured from polymeric materials and are used in a wide range of civil and geotechnical engineering applications including roads, railroads, dams, and coastal engineering. The demand for geosynthetics systems is driven by increasing investments in infrastructure developments across the globe. The growth of the global market is led by China, the US, and India, which are expected to account for about 60% of the global construction industry growth. Furthermore, factors such as rapid urbanization, population growth, industrialization, and economic growth are expected to create a positive outlook for the global geosynthetics market growth.

Pricing Analysis

The average price for geosynthetics varies from USD 0.15–4.0 per square meter. In the recent past, the geosynthetics price has witnessed an upward trend owing to increasing raw material prices. The same trend is expected to follow in the years to come.

SEGMENTATION

By Type

• Geotextile: Geotextile accounted for the largest of the global geosynthetics market, owing to its versatility in a wide variety of applications such as separation, reinforcement, filtration, and drainage.

• Geomembranes: The geomembranes segment is expected to witness the fastest growth during the forecast period. The high growth of the segment is attributed to the increasing demand in landfill applications, primarily owing to its high chemical resistance and durability.

• Geogrids: The growth of the geogrids segment is attributed to the increasing demand for reinforcement and stabilization applications.

• Geonets: Geonets are made from high-density polyethylene and are used for drainage applications. The increasing investments in infrastructure development are expected to fuel the demand for geonets during the forecast period.

• Others: This segment includes geosynthetic liners, geo-composite, geocells, geopipe, and geomesh.

By Material

• Polypropylene: Polypropylene accounted for the largest share of the global market. The segment is expected to witness significant growth owing to the high demand for geotextiles and geomembranes.

• Polyethylene: The polyethylene segment is expected to witness high growth owing to high demand owing to its high tensile strength, chemical resistance, and durability.

• Polystyrene: Polystyrene is expected to gain traction in the market owing to its lightweight and high strength.

• Polyvinyl Chloride: Polyvinyl chloride is used in the fabrication of geomembrane and geopipes, owing to low chemical resistance and lower durability.

• Polyester: Albeit having a lower share in the market, the polyester segment is expected to witness healthy growth owing to excellent strength and creep properties.

• Others: The others segment includes polyamide, acrylonitrile butadiene styrene (ABS), and natural fibers.

By Application

• Separation: The segment accounted for a significant share of the global market in 2018 and is projected to exhibit healthy growth during the forecast period. The growth of the segment is attributed to investments for the development of transport infrastructure driven by urbanization and economic growth.

• Reinforcement: Geosynthetics inclusion in the soil to increase the tensile strength and shear resistance. Geosynthetics for reinforcement application is generally used in dams, reservoir, retaining structures, roads, and coastal engineering. The development of dams and reservoir and investment for the development of road infrastructure is expected to support the growth of the reinforcement segment.

• Filtration: The segment is expected to witness moderate growth attributed to the increasing demand from the waste containment systems.

• Drainage: Geosynthetics such as geonets are used in the foundation wall, pavement and roadway, methane gas collection, subsurface drainage and erosion control applications to allow transmission of liquid within the plane.

• Barrier: Geosynthetics are used for preventing the contamination of liquid or vapor and as a moisture barrier in various infrastructures. Increasing investment in the development of water containment and canaling projects and stringent environmental regulations aimed at preventing harmful materials from contaminating groundwater resources is expected to drive the demand for geosynthetics.

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Fluorinated Plasma Surface Treatment Market Size, Share, Trends, Scope, Sales & Revenue, Price, Applications, Competitive Landscape and Better Investment Opportunities Analysis by MRFR

 

Market Highlights

Global Fluorinated Plasma Surface Treatment Market is estimated to be valued at USD 3,071.78 Million by 2025 and record a CAGR of over 13.5% during the forecast period.

The global fluorinated plasma surface treatment market is expected to witness a surging growth in the coming assessment period owing to its widespread use in diverse end-use industries such as automotive, textile, aerospace, consumer goods, electronic devices, and medical. With the ongoing trends to develop cost-efficient and lightweight automotive components, the demand for polymers such as polypropylene and thermoplastic polyolefins (TPO) has increased.

 

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These polymers require high-quality coatings for decorative and protective purposes. But these substrates lack in adhesion, which exhibits poor solubility, poor surface wetting, and lack of bonding between an organic coating and the substrate. Thus, plasma surface treatment of these polymer substrates is essential as it helps improve the adhesion and the bond strength of coatings on the substrate. Moreover, the automotive parts that are exposed to high temperatures face challenges to bond with all types of silicones and adhesives. Plasma surface treatment is used to increase the bond strength of adhesives used in headlamp assemblies, mirrors, gaskets, and filters. Furthermore, with the advent of advance processes such as the atmospheric plasma process that caters to diverse end-use applications, fluorinated plasma surface treatment is expected to witness significant growth in the medical and aerospace industries.

 

Segmental Analysis

According to MRFR analysis, the global fluorinated plasma surface treatment market has been segmented based on process, type, application, substrate type, and region.

 

Based on process, the global fluorinated plasma surface treatment market has been segmented into low-pressure plasma and atmospheric plasma. The low-pressure plasma treatment accounts for the largest share of over 65% in the global market in 2018. The segment is expected to record a healthy growth of 13.7% in the forecast period owing to its extensive application as surface cleaning, surface activation, coating, and surface etching in various end-use industries.

 

Based on type, the global market has been segmented into synthetic fibers, natural fibers, plastic films, metal, and others. Among these, the synthetic fiber segment held the maximum share of the global market. The segment consists of acrylonitrile butadiene styrene/thermoplastic polyurethane (ABS/TPU), high-density polyethylene (HDPE), polyamide (PA), polypropylene (PP), and others. These polymers are widely used in automotive components, medical devices, textiles, and electronic components. Therefore, the demand for fluorinated plasma surface treatment is high in synthetic fibers compared to other types. Furthermore, it is expected to witness a growth of over 14% during the forecast period, 2019–2025, and reach over USD 1,300 million by 2025.

 

Based on application, the global market has segmented into leather, textile, and others. The others segment, among other applications, accounted for the largest market share. The widespread usage of fluorinated plasma surface treatment in the exterior and interior parts of automobiles, medical devices, electronics components, and consumer goods is expected to boost the growth of this segment in the forecast period. It is expected to witness a healthy CAGR of 13.6% between 2019–2025.

Based on substrate type, the global market has been segmented into garments, household, protective, medical, automotive, shoes & bags, and others. The others segment includes the packaging, electronics, inkjet & print, glass products, aerospace, and marine industries. The others segment is expected to witness the fastest growth of CAGR 14% during the forecast period owing to the extensive use of plasma fluorinated surface treatment in the packaging industry. The medical segment was the second-fastest segment with CAGR of over 13% between 2019–2025 owing to the increasing healthcare investments and booming aging population.

Regional Analysis

 

Geographically, the global fluorinated plasma surface treatment market has been segmented into Asia-Pacific, Europe, North America, and the rest of the world. As per MRFR analysis, Europe was the dominant regional market, accounting for the largest share of about 40% in 2018 and is expected to register a CAGR of around 13% during the forecast period. Europe is followed by North America, which accounted for the second-largest share of the fluorinated plasma surface treatment market in 2018. The North American market held a share of around 30% in 2018. Asia-Pacific is expected to witness the fastest growth registering a 15% CAGR over the forecast period. The rest of the world is also likely to record moderate growth during the forecast period, 2019–2025.

Key Findings of the Study

 

• The global fluorinated plasma surface treatment market was valued at USD 1,270.87 million in 2018 and is expected to register a CAGR of 13.5% to reach around USD 3,071.78 million by the end of 2025.
  
  

• Based on process, the low-pressure plasma segment held the largest share of 66.7% by value in 2018 and is expected to register a CAGR of over 13.7% during the forecast period.
  
  

• By type, the synthetic fibers segment is estimated to be the largest segment of the global market, which accounted for 41.6% value share in 2018.

 

• Based on application, the others segment held the largest share of 71.9% by value in 2018 and is expected to register a CAGR of over 13.6% during the forecast period.

 

• Based on substrate, the others segment witnessed the fastest growth of 14.2% and is expected to reach a value of USD 1,018.8 million by 2025

 

• Europe accounted for the largest share of 37% by value in 2018.
  
  

Key Players

Market Research Future (MRFR) identified the following companies as the Key Players in the Global Fluorinated Plasma Surface Treatment Market: Nordson Corporation (US), Plasmatreat (Germany), AcXys Technologies (France), Enercon Industries Corporation (US), Plasma Etch, Inc (US), Plasmalex sas (France), AST Products, Inc (US), Henniker Plasma (UK), 3DT LLC (US), and Eltech Engineers Pvt Ltd (China).

 

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Fluid Loss Additives Market | Analysis, Leading Players, Competitive Landscape, Strategy, Development, and History Industry Estimated to Rise Profitably by Forecast 2027

 

Market Summary:

In terms of value, the Global Fluids Loss Additives Market reached USD 298 million in 2018 and is expected to exhibit a CAGR of over 3.3% during the forecast period, 2019–2025. The demand for fluid loss additives is increasing in drilling operations and well repairing across the globe, particularly in North America. The demand is increasing as it reduces the loss of petroleum derivatives during the drilling operation and fluid transportation.

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Key Players:

·        Newpark Resources Inc

·        Schlumberger Limited

·        BASF SE

·        Solvay

·        Tytan Organics

·        Nouryon

·        SEPCOR, INC

·        Global Drilling Fluids and Chemicals Limited

·        Kemira

·        Audin Group

·        Halliburton

·        Clariant

Segmental Analysis:

The Fluid Loss Additives Market has been segmented based on material type, product type, application, and region.

By material type, the global fluids loss additives market has been segregated into bentonite, barite, polyanionic cellulose (PAC), polyacrylamide (PAM), calcium carbonate, hydroxyethyl cellulose (HEC), latex, and others. Among these, the PAC is expected to the dominant segment of the global fluid loss additives market as it has a high degree of carboxymethyl substitution that imparts viscosity to the fluids. Moreover, it comprises lesser NaCl residual than carboxymethyl cellulose leading to less cation contamination.

The product types covered under the scope of the global fluids loss additives market are water-soluble and water-insoluble additives. The water-soluble additives is expected to be the dominant segment and is further classified into vinylinic-based polymers, natural polymers, cellulosics, and others. Whereas water-insoluble are classified into polymer resins and others. Water-insoluble materials help to reduce the permeable zone that develops on filter cake. Bentonite is an example of water-insoluble polymer resin.

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The application segments of the global fluids loss additives market are drilling fluids, cement slurries, fracturing fluids, and completion fluids. The drilling fluids was the dominant segment of the global fluids loss additives market followed by cement slurries. The surge in the demand for drilling fluids is attributed to their growing use in light and heavy intervention operations that are performed during well maintenance, replacement, or repair. The drilling fluids segment, on the basis of materials, is further categorized into water-based muds (WBM), oil-based muds (OBM), and synthetic-based muds (SBM), where WBM is most commonly used in the well intervention process.

Regional Analysis

The global fluids loss additives market has been analyzed for five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

North America held the largest market share in 2018 and is expected to register the highest CAGR during the review period due to the high production of petroleum derivatives in the region. Europe held a prominent market share in 2018, led by the UK, Italy, and France. Europe is followed by Asia-Pacific due to the expanding oil & gas industry. The regional players have increased the investments in the oil & gas industries—20% more as compared to 2018. The Latin American market is expected to witness stagnant growth during the forecast period.

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