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Vietnam Industrial Gases Market is Anticipated to Grow With 7.5% CAGR until 2027 | TechSci Research

Vietnam Industrial Gases Market is anticipated to grow with increasing industrialization, in the forecast period, 2023-2027F.

According to TechSci report on, “Vietnam Industrial Gases Market - By Region, Competition Forecast & Opportunities, 2027” Vietnam industrial gases market is anticipated to grow with 7.5% CAGR during the forecast period, 2023-2027, on the account of growing expansion of chemical industry. The market value in the 2021 was USD385 million and it is further growing with rising demands for industrial gases from food & beverage industry. Expanding healthcare industry, growing demands for supportive ventilation systems for the patients with unable to breathe and supply for the ventilation systems during the surgeries are further driving the growth of the Vietnam industrial gases market in the upcoming five years. The demand for industrial gases is further increasing due to higher consumption of them by metallurgy & oil & gas industry, thereby supporting the growth of the Vietnam industrial gases market in the next five years. The industrial gases are utilized for the analysis of the metals and thus growing excavations of metals drives the market growth. Also, the industrial gases like hydrogen, carbon have applications in petrochemical industry. Increasing inclination of the automobile industry and the consumers opting for the CNG as fuel further drives the market growth.

Increasing industrialization, rapidly growing globalization in the country along with the growing production of industrial gases as a by product of various chemical processes is aiding the growth of the Vietnam industrial gases market in the future five years. Growing investments and rapidly increasing market players in the country involved with the production of industrial gases are also substantiating the growth of the Vietnam industrial gases market in the forecast years through 2027.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Vietnam Industrial Gases Market"

https://www.techsciresearch.com/report/vietnam-industrial-gases-marke/9362.html

The Vietnam industrial gases market is segmented by product, mode of distribution, competitional landscape, and regional distribution. Based on product, the market is bifurcated into oxygen, nitrogen, hydrogen, carbon dioxide, argon and helium. The further discussion is based on the applications of each industrial gases. Oxygen has application in metallurgy, light engineering industry, medical and others. Rising demands from the healthcare industry will support the growth of oxygen production and thus driving the growth of the market. Advancement in the light engineering industry will further support the growth of the Vietnam industrial gases market.

Nitrogen has applications in pharma & chemical industry, metallurgy, petrochemical and others. Nitrogen gas productions are increasing due to metallurgy industry. The gas is used actively for identification of metals and analysis of the physical and chemical properties of the metals, and thus aiding the market growth. Hydrogen has applications in refinery, chemical and petrochemicals, fuel & atomic power generation, metallurgical & metal processing, hydrogenation of fats and oils and others. Chemical and petrochemical industry utilizes hydrogen for the production of petroleum products. Recent advancement toward eco-friendly and natural energy demands is further driving the growth of the Vietnam industrial gases market in the future five years. Carbon dioxide has applications in chemical & petrochemical, food & beverages, welding, healthcare and others. Argon has applications in welding, metallurgy and others. There are two type forms of helium, liquid and gaseous and it has applications in saturation diving, ballooning, MRI, NMR, and others.

Based on mode of distribution, the market is also fragmented into tonnage, bulk and packaged. Tonnage mode of distribution is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on grounds of increasing industrialization in north Vietnam and south Vietnam. Moreover, the development of the chemical industries in the North and South Vietnam is increasing and thus the market expansion is expected in the future five years. Moreover, presence of large number of metal industry, food processing industry and electronics industry in the country is further aiding the growth of the segment as well as the growth of the Vietnam industrial gases market in the forecast years through 2027.

A partial list of major market players of the Vietnam industrial gases market includes:

Messer Vietnam Industrial Gases Co. Ltd

Air Liquide

Linde Vietnam

Taiyo Nippon Sanso Vietnam

Iwatani Corporation

SIG Vietnam

Osaka Gas

North Vietnam Industrial Gases Ltd.

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“Expanding chemical industry guarantees higher production of the industrial gases. Moreover, the applications of the industrial gases are in multiple end use industries and the demands would increase as the industrialization grows in the country. Rising concerns for the use, production, distribution of the industrial gases also affects the market growth in future. New market players would be required to invest heavily in the production & distribution sector. Entering the market is quite competitive and demands for supply satisfaction for brand establishments,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Vietnam Industrial Gases Market By Product (Oxygen {Metallurgy, Light Engineering Industry, Medical and Others}, Nitrogen {Pharma & Chemical Industry, Metallurgy, Petrochemical and Others}, Hydrogen {Refinery, Chemical and Petrochemicals, Fuel & Atomic Power Generation, Metallurgical & Metal Processing, Hydrogenation of Fats and Oils and Others}, Carbon Dioxide {Chemical & Petrochemical, Food & Beverages, Welding, Healthcare and Others}, Argon {Welding, Metallurgy and Others} and Helium {Saturation Diving, Ballooning, MRI, NMR and Others}), By Mode of Distribution (Tonnage, Bulk and Packaged), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Vietnam industrial gases market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam industrial gases market.

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Vietnam Ethanol Market is Anticipated to Grow with Impressive CAGR until 2027 | TechSci Research

Vietnam Ethanol Market is anticipated to grow with increasing imports, in the forecast period, 2023-2027F.

According to TechSci report on, “Vietnam Ethanol Market - By Region, Competition Forecast & Opportunities, 2027” Vietnam ethanol market might register an impressive CAGR during the forecast period, 2023-2027, to establish growth due to factors like surge in the demand for ethanol for the production of bio-fuels. Also, rising consumption of alcoholic beverages and surging demands for beverages with higher concentration of alcohol is further driving the growth of the Vietnam ethanol market in the upcoming five years. Vietnam’s gasoline consumption has grown steadily at approx. 5% per annum as of 2020 owing to the rising automobile use and sales. Blending ethanol with gasoline to make it more economical and ecological, the demand for ethanol has increased in the recent years. Moreover, the import of crude oil, petroleum products, and ethanol have gradually increased since 2017. The Vietnam government has spent approximately USD2.5 billion on these imports in the first three months of 2020, and the further demand for the biofuel is further supporting the imports and thus the growth of the Vietnam ethanol market in the next five years. Commercialization of 5% ethanol blend with gasoline (E5) started since 2018. The government is further exploring the possibilities of E10 blend to make the fuel consumption more environment friendly.

Current local production of ethanol is limited to Tung Lam Company. With its two factories the company produces 200,000 cubic meters/year designed capacity that produces ethanol from locally grown cassava feedstock. Growing awareness among the population and rising concerns toward environment depletion due to gasoline use for fuel is facilitating the growing demands for ethanol and ethanol blended gasoline as bio-fuels for the automobiles and substantiating the growth of the Vietnam ethanol market in the forecast years through 2027.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Vietnam Ethanol Market"

https://www.techsciresearch.com/report/vietnam-ethanol-market/9348.html

The Vietnam ethanol market is segmented by type, raw material, purity, grade, application, competitional landscape, and regional distribution. Based on type, the market is differentiated between synthetic and bioethanol. Bioethanol is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of rising imports of the ethanol and the inclination of the consumption of bioethanol. Rising concerns among the population regarding environmental degradation and demands for economical and eco-friendly fuels is further driving the demands of bioethanol and thus the growth of the Vietnam ethanol market in the next five years.

By raw material, the market is further segmented into sugar & molasses, cassava, rice, algal biomass, and lignocellulosic biomass. Cassava may hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of increasing production of ethanol by sole producer in the country. Although the market may soon be led by sugar & molasses and imported corn for the production of ethanol. Moreover, ethanol manufactured from molasses are rapidly adopted by many countries and the production is led by the emerging countries like Vietnam and thus aiding the growth of the Vietnam ethanol market in the next five years. Also, properties of ethanol like disinfectant and coalescing properties are some of the major factors driving the market growth.

Based on purity, the market is distinguished between denatured and un-denatured. By grade, the market is fragmented into food, industrial, biofuel, and others. Based on application, the market is bifurcated into fuel & fuel additives, industrial solvents, disinfectant, personal care, beverages, and others.

A partial list of major market players of the Vietnam ethanol market includes:

Tung Lam Company

Thinh Cuong Co. Ltd.

Dai Viet CEP Co Ltd

Fleming International Vietnam Ltd

SI Flex Vina

PetroVietnam Oil Corp (PV Oil)

Petrolimex

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“Importing ethanol is the major source of ethanol in the country. Through its free trade agreement, the government imports ethanol and the recent reports state that Vietnam imported 3.5 million gallons of U.S. ethanol. Local production of ethanol is restricted and only one company is producing ethanol that solely is not able to satisfy the growing demands of ethanol in the country. The government has further decreased tariffs over the imports of pure ethanol. Surging demand for biofuel, rising concerns toward environment depletion and rising demand for economical and eco-friendly automotives are aiding the growth of the Vietnam ethanol market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Vietnam Ethanol Market By Type (Synthetic v/s Bioethanol), By Raw Material (Sugar & Molasses, Cassava, Rice, Algal Biomass, Lignocellulosic Biomass), By Purity (Denatured v/s Undenatured), By Grade (Food, Industrial, Biofuel, Others), By Application (Fuel & Fuel Additives, Industrial Solvents, Disinfectant, Personal Care, Beverages, Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Vietnam ethanol market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam ethanol market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Biomethane Market Size, Share, Growth, Analysis, Opportunity, and Forecast, 2027 | TechSci Research

Global Biomethane Market is driven by surging demand for electricity generation in the forecast period, 2023-2027.

According to TechSci Research report, “Biomethane Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027” The global biomethane market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR value. The market growth can be attributed to the factors like increasing demands for power generation. Expanding end use industries and their demands for power and fuels are driving the growth of the global biomethane market in the upcoming five years. Increasing demand for electricity generation, due to growing consumption of electricity from residential, commercial, and industrial consumers is further supporting the growth of the global biomethane market in the next five years. Moreover, rising concerns regarding the degrading environmental conditions due to excessive use of non-renewable resources and excessive burning of fuel also facilitate the market growth. Increasing production of biogas and its upgradation to produce biomethane further substantiate the growth of the global biomethane market in the future five years. Additionally, increasing production of wastes, and its management by increasing landfills, livestock operations to produce biogas that is converted into biomethane also aid the growth of the global biomethane market in the forecast years through 2027. Green gas characteristics of biomethane a major factor behind the increasing utilization of biomethane instead of fossil fuels and thus support market growth. Government schemes, favorable plans, increasing investment in the production of biomethane, developing equipment, and infrastructure for the biomethane production also substantiate the growth of the global biomethane market in the forecast period.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Biomethane Market"

https://www.techsciresearch.com/report/biomethane-market/9345.html

The global biomethane market segmentation is based on feedstock, production method, application, regional distribution, and competitive landscape. Based on feedstock, the market is bifurcated into organic household waste, animal manure, energy crops, agricultural waste, sewage sludge, industrial food processing waste, and others. Animal manure is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of increasing livestock operations. Waste productions due to animal culture, and growing animal culture practices are driving the growth of the segment along with the growth of the global biomethane market in the upcoming five years. Animal wastes have high concentrations of natural gas production capacity. Produced natural gas can be converted into biomethane thus supporting the growth. Also, the by products of the process are utilized as organic fertilizers for the field crops, thus aiding the production and market growth.

By production method, the market is differentiated between fermentation and gasification. Fermentation method for the production of biomethane is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of upgrading technologies. These upgrading technologies utilize the properties of the gases that are released during the fermentation to separate them. Some of these technologies include water scrubbing, membrane separation that accounts for 60% of biomethane production all around the world. Gasification is the process of thermal gasification where woody biomass is at initial stage broken down at 700 - 800℃ and high pressure in low oxygen environment. Gases like carbon monoxide, hydrogen and methane are produced that further undergoes purification process by removing any acidic and corrosive component and only biomethane is filtered out. Collected carbon monoxide and hydrogen are introduced with a catalyst to promote a reaction between the hydrogen and carbon monoxide or CO2 to produce methane.

Based on application, the market is fragmented into automotive, power generation, and others. Power generation is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on grounds of increasing demand for power from various end use industries. Increasing demand, further leads to higher production of energy to power industries, equipment, machinery, etc. Higher consumption of power along with the utilization of the advanced technologies and evolving product development further lead to the surge in the demand for the power and thus the demand for biomethane. Moreover. The automotive are also anticipated to register significant growth due to increasing utilization of biomethane to power automobiles. Increasing concerns over environment along with the increasing production of automobiles and surging demand for the personal and commercial vehicle further aid the growth of the global biomethane market in the future five years.

Some of the market players, dominating the global biomethane market are:

EnviTec Biogas AG

CNG Services Ltd.

Future Biogas Ltd.

VERBIO AG

ETW Energietechnik GmbH

PlanET Biogas Global GmbH

Gazasia Ltd.

Gasrec Ltd.

The Southern California Gas Company

Biogas Products Ltd.

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“Europe region is anticipated to lead the growth of the market. Germany is by far the largest market and houses 2/3rd of Europe’s biogas plant capacity. Increasing usage of crop residues, sequential crops, livestock waste and the capture of methane from landfill sites support the high production of bigas and biomethane conversions in the country. Also, countries like Denmark, France, Italy and the Netherlands are also budding markets and support the growth of the global biomethane market. Asia Pacific region is expected to closely follow the growth lead after European region owing its growth to the high production capacities in China. With favorable policies installation of household-scale digesters in rural areas becomes easier and beneficial for the market growth. Around half of the remaining production comes from developing countries in Asia, notably Thailand and India,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Biomethane Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027” Segmented By Feedstock (Organic Household Waste, Animal Manure, Energy Crops, Agricultural Waste, Sewage Sludge, Industrial Food Processing Waste, Others), By Production Method (Fermentation v/s Gasification), By Application (Automotive, Power Generation, Others), By Region”, has evaluated the future growth potential of global biomethane and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global biomethane market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Colorless Polyimide Films Market Size, Share, Growth, Analysis, Opportunity, Outlook, and Forecast, 2027 | TechSci Research

Global Colorless Polyimide Films Market is driven by surging demand for flexible displays in the forecast period, 2023-2027.

According to TechSci Research report, “Colorless Polyimide Films Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” The global colorless polyimide films market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR value. The market growth can be attributed to the factors like expanding consumer electronics industry. Applications of colorless polyimide films in the electronic products is highest, and it also provides the advantages related to its physical properties like heat resistance, and thermal stability to the electronic devices, thus driving the growth of the global colorless polyimide films market in the upcoming five years. Also, increasing production of flexible displays, flexible circuit boards, flexible solar cells, etc. is expected to support the growth of the global colorless polyimide films market in the next five years. Other factors like surging demands for photovoltaic cells, technologically advanced circuit boards, evolving designs in the electronics like smartphones, laptops, etc. are also facilitating the growth of the global colorless polyimide films market in the future five years. Higher demands for the flexible displays for the medical equipment also aid market growth. Increasing investments and expanding healthcare industry has allowed the utilization of technological advancement like flexible screens on the medical devices that in turn substantiates the growth of the global colorless polyimide films market in the forecast years through 2027.

Although recent pandemic situations may have put a mild restraint on the yearly growth of the market due to restricted productions, but after the relaxations from the lockdown, the productions are expected to resume and aid the global colorless polyimide films market growth in forecast period.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Colorless polyimide films Market"

https://www.techsciresearch.com/report/colorless-polyimide-films-market/8270.html

The global colorless polyimide films market segmentation is based on application, end user, regional distribution, and competitive landscape. Based on application, the market is further bifurcated into flexible displays, flexible printed circuit boards, flexible solar cells, lighting equipment, and others. Flexible displays are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of increasing demands for the product in consumer electronics like smart phones, laptops, etc. Surging demand for the lightness in the consumer electronics, and ruggedness is also fulfilled by the flexible displays, thus the segment growth is also expected to further aid the growth of the global colorless polyimide films market in the next five years. Flexible solar cells are also expected to register significant shares in the future five years due to increasing demands for the photovoltaic cells. Surge in the production of solar energy and thus increasing demand for the solar cells are responsible for the growth of the segment.

Some of the market players, dominating the global colorless polyimide films market are:

I. du Pont de Nemours and Company

Kaneka Corporation

Kolon Industries Inc.

Sumitomo Chemical Company Ltd.

SK Innovation Co., Ltd.Industrial Summit Technology Corporation

Dietrich Muller GmbH

Zymergen Inc.

NeXolve Holding Company

Wuxi Shunxuan New Materials Co., Ltd.

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“Asia Pacific region is anticipated to lead the regional analysis of the global colorless polyimide films market in the upcoming five years on grounds of abundance of market players in the region. Moreover, research and technological aspects for the advancement of electronic products is higher in the countries like China, Japan, South Korea, and India, that supports the growth of the market in the next five years. South Korea and China hold the highest potential due to large volume of productions of colorless polyimide films and using it for the manufacturing of electronic products. Higher investments by the market players, and favorable approaches from the government of the larger economies in the country is also anticipated to sustain the rapid growth of the global colorless polyimide films market in the next five years. New market players may invest in the research and technologically advanced development of the innovative products and expanding its application. Collaborations with the global giants of electronic industry would also aid the brand establishment in the future five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Colorless Polyimide Films Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Application (Flexible Displays, Flexible Printed Circuit Boards, Flexible Solar Cells, Lighting Equipment, Others), By End User (Electronics, Solar Energy, Medical, Others), By Region”, has evaluated the future growth potential of global colorless polyimide films and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global colorless polyimide films market.

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Plastic Caps and Closures Market Size, Share | Global Industry Analysis Report and Forecast, 2024 | TechSci Research

Declining usage of bottles and containers made of glass backed by high cost and brittle nature of glass to drive global plastic caps and closures market through 2024

According to TechSci Research report, “Global Plastic Caps and Closures Market By Product Type, By Material, By Technology, By End Use Industry, By Region, Competition Forecast & Opportunities, 2024”, the global plastic caps and closures market is forecast to surpass $ 33 billion by 2024 on account of growing demand for convenience packaging and rising concerns pertaining to the quality and safety of products. Furthermore, plastic caps and closures find applications in various end user industries such as beverages, household and personal care, pharmaceuticals, among others which is further positively influencing the growth of the market. However, increasing concern pertaining to the biodegradability and carcinogenicity of plastic can act as a challenge for the growth of the market. Stringent regulations by agencies such as U.S. EPA, REACH and European Commission regarding plastics usage are expected to further pose challenges to the market players in the coming years.

Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on "Global Plastic Caps and Closures Market"

https://www.techsciresearch.com/report/cellulose-ether-and-its-derivatives-market/3910.html

Global plastic caps and closures market can be segmented based on product type, material, technology, end use industry and region. On the basis of product type, the market can be segmented into screw-on caps and dispensing caps. Dispensing caps are anticipated to grow at the highest rate during the forecast period owing to their adoption across various end-users such as beverages, food and pharmaceuticals. Moreover, caps & closures are used for preserving products and extending their life, and consequently, the global caps & closures industry is expected to grow significantly through 2024.

The major players operating in the plastic caps and closures market include Bericap Holdings, Berry Global, Crown Holdings, Silgan Holdings, AptarGroup, Reynolds Group Holdings Limited, Rexam PLC, Guala Closures Group, Bericap GmbH Co. & Kg, among others. The companies operating in the market are using organic strategies such as product launches, and mergers and collaborations in order to register positive growth in the market.

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“Global plastic caps and closures market is anticipated to witness growth during the forecast period as plastic caps and closures provide cost-effective sealing solution. Furthermore, durability, versatility and flexibility offered by the plastic makes them viable choice for packaging which is further anticipated to drive demand for plastic caps and closures over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Plastic Caps and Closures Market By Product Type, By Material, By Technology, By End Use Industry, By Region, Competition Forecast & Opportunities, 2024” has evaluated the future growth potential of global plastic caps and closures market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global plastic caps and closures market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

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Thermal Ceramics Market Size, Share, Growth, Analysis, Opportunity and Forecast 2024 | TechSci Research

Rapid industrialization coupled with increase in demand for innovative materials and growing need for energy saving are expected to drive thermal ceramics market

According to TechSci Research report, “Thermal Ceramics Market By Type, By Temperature Range, By End-User Industry, By Region, By Company, Competition, Forecast & Opportunities, 2024”, the thermal ceramics market is expected to grow during the forecast period due to rising adoption in diverse industries on account of thermal conductivity, thermal expansion, thermal shock resistance and flexibility offered by thermal ceramics. Rising need for energy savings and increasing focus on infrastructural development are further fueling the growth of market, globally. However, government regulations on mining activities and environmental concern for refractory recycling are likely to hamper the growth of the market during forecast period.

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The thermal ceramics market is segmented based on type, temperature range, end user industry, region and company. Based on type, the market can be bifurcated into insulation bricks and ceramic fibers. Ceramic fibers are anticipated to dominate the market owing to their flexibility, low weight and low density. Based on temperature range, the market has been segmented into 650–1,000 °C; 1,000–1,400 °C; 1,400–1,600 °C.  The 1,000 to 1,400 °C segment is expected to register the highest CAGR during the forecast period owing to the use of ceramics for variety of applications in this temperature range.

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Morgan Advanced Materials plc, Luyang Energy-Saving Materials Co. Ltd., 3M Company, RHI Magnesita N.V., Ibiden Co. Ltd., Mitsubishi Chemical Corporation, Yeso Insulating Products Co. Ltd., Isolite Insulating Products Co. Ltd., Bnz Materials Inc., and Unifrax Corporation are some of the leading players operating in thermal ceramics market. “Asia-Pacific is expected to be the fastest growing market for thermal ceramics during the forecast period, owing to the growing industrialization in this region. Also, the region has a strong base in chemical industry, which is growing at a brisk rate, which can be attributed to the increasing demand for chemicals from diverse application segment across major developing economies such as India and China.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Thermal Ceramics Market By Type, By End User Industry, By Region, By Company, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of the thermal ceramics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the thermal ceramics market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies, and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global, and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Optical Ceramics Market is Projected to Grow at a CAGR of 15% by 2024 | TechSci Research

Increasing expenditure on advanced materials & technologies and surging adoption of substitute to glass, metals & plastics to drive growth of optical ceramics market through 2024

According to TechSci Research report, “Optical Ceramics Market By Material Type, By Application, By End-User Industry, By Region, Competition Forecast & Opportunities, 2024”, the optical ceramics market is expected to grow at a CAGR of around 15% during the forecast period. The growth in the market can be attributed to rising adoption of optical ceramics across various industries on account of its durability, increasing defense expenditure on advanced technologies and materials and their adoption as a substitute to glass, metals and plastics. However, cost of optical ceramics is likely to hamper the growth of the market during forecast period.

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optical ceramics market is segmented based on material type, application, end user industry, region and company. Based on type, the market can be segmented into Sapphire, Phosphor, Alumina, Selenide, Oxynitride, Spinel, Yttrium Aluminium Garnet [YAG] and Others. Sapphire is estimated to dominate the market during the forecast period as a large number of manufacturers are present in the market. Moreover, various properties of Sapphire such as easy availability, ease of manufacturing, and suitability for a wide range of optical applications, makes it a preferable choice across different applications.

Key Players:

Konoshima Chemicals Co., Ltd.

Coorstek Advanced Materials Crewe Limited

CeramTec-ETEC GmbH

Brightcrystals Technology Inc.

Schott AG

Surmet Corporation

Murata Manufacturing Co. Ltd.

II-VI Optical Systems Inc.

Compagnie Industrielle des Lasers CILAS SA, and Ceranova Corporation

These are some of the leading players operating in optical ceramics market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“Asia-Pacific is expected to be the largest and fastest growing market for optical ceramics during the forecast period, owing to the easy availability of raw materials, low-cost labor and higher demand in the region. These factors have made Asia-Pacific the most preferred destination for the manufacturers of optical ceramics. Moreover, rising manufacturing of optoelectronic devices using materials such as sapphire and Yttrium aluminium garnet in countries like Japan, China, and India is further fuelling growth in the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Optical Ceramics Market By Material Type, By Application, By End-User Industry, By Region, Competition Forecast & Opportunities, 2024” has evaluated the future growth potential of global  optical ceramics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in optical ceramics market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Asia-Pacific To Register Highest CAGR in Global Polylactic Acid Market During Forecast Period – TechSci Research

Rising recyclability concerns and increasing government initiatives towards promoting sustainable living are expected to drive growth of global polylactic acid market during forecast period

According to TechSci Research report, “Global Polylactic Acid Market By Raw Material, By Form, By Application, By Region, Competition, Forecast & Opportunities, 2024”, global polylactic acid market is expected to register CAGR to close to 17% over the forecast period on account of rising demand for flexible packaging, growing consumption of shopping bags and disposable cutlery and rising recyclability concerns. Additionally, environmental safety and pollution control are the key reasons for diverting major stakeholders towards bio plastic usage other than using conventional plastic which is synthesized from petroleum. Furthermore, technological advancements coupled with government initiatives by providing subsidies and support for enhancing usage of biodegradable products is further expected to aid the growth of global polylactic acid market. However, the cost of polylactic acid is higher when compared to synthetic plastics, thus acting as a primary restraining factor for the growth of global polylactic acid market.

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Global polylactic acid market can be segmented based on raw material, form, application, region and company. Considering the applications, the market can be segmented into packaging, agriculture, electronics, textiles, bio-medical. Out of which, the packaging segment held the majority share in terms of revenue of the global polylactic acid market until 2018. This growth is attributable to the increasing demand from biomedical, electronics, textiles and automotive industries.

Corbion N.V., Galactic S.A., Henan Jindan Lactic Acid Co., Ltd., Jungbunzlauer AG, Musashino Chemical Laboratory, Ltd., BASF SE, NatureWorks, Henan Jindan Lactic Acid Technology, Mitsubishi Chemical Holdings Corporation, Synbra Technology BV among others are the leading players operating in the global polylactic acid market.

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“Regionally, the polylactic acid market is gaining traction and expanding to Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America dominated the market until 2018, which can be mainly attributed to growing biodegradable polymer consumption and increasing composting infrastructure. In addition to this, high growth in drug manufacturing is supplementing the demand for polylactic acid products in developed countries like U.S, which is further anticipated to propel the growth of polylactic acid market over the next 5 years. Asia-Pacific is also forecasted to register tremendous growth through 2024 owing to rising focus on product developments, rising investments in research & development activities, and increasing production capacities. Furthermore, expanding consumer base of FMCG companies in developing economies such as China and India are anticipated to further augment the overall market growth over the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Polylactic Acid Market By Raw Material, By Form, By Application, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global polylactic acid market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global polylactic acid market.

About Us:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

TechSci Research is committed to assisting customers worldwide with their unique market research needs by providing them with comprehensive, value-added solutions and professional market intelligence services. TechSci Research employs the industry’s best-trained industry Analysts and Consultants, which advises and assists customers in meeting their full-service market research and consulting requirements.

Leading organizations use TechSci Research for meeting strategic business goals and making informed business decisions.

Contact

Mr. Ken Mathews

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New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

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Asia-Pacific to Dominate Global Capric Acid Market During Forecast Period – TechSci Research

Growing demand for capric acid from food & beverage and pharmaceutical industry are expected to drive the growth of global capric acid market during forecast period

According to TechSci Research report, “Global Capric Acid Market By Source, By Application, By Region, Competition, Forecast & Opportunities, 2024”, global capric acid market is expected to register a CAGR of close to 5% during the forecast period on account of its increasing use in production of several personal care products, dyes, synthetic rubbers, pharmaceuticals, plastics products, and lubricating grease. Additionally, factors like progressive demographic changes and rising consumer awareness regarding personal care are anticipated to spur the growth of global capric acid market. However, the major factors expected to restrict the market growth of capric acid during the forecast period are exposure of capric acid in its refined form, which leads to skin or pulmonary irritation and irregular availability of raw materials.

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Global capric acid market can be segmented based on source, application and region. Considering the applications, the market can be segmented into cosmetics and personal care, food and beverage, pharmaceutical, industrial chemicals and others. The cosmetics and personal care segment is anticipated to record robust growth over the next 5 years because capric acid is used as an emollient for the even absorption of vitamins and other active ingredients, and therefore used in several personal care products such as moisturizers lotions, lipsticks, anti-aging serums, perfumes, sunscreen lotions and eye creams.

Acme-Hardesty, Ecogreen Oleochemicals, Henan Eastar Chemicals, Hangzhou Oleochemicals, IOI Oleochemicals, KLK OLEO, Majorhub Oleochemicals, P&G, Temix Oleo, Univar among others are the leading players operating in global capric acid market.

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“Regionally, the capric acid market is gaining traction and witnessing robust growth in Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia-Pacific dominated the market until 2018 and is forecast to maintain its dominance through 2024 as well. On account of increasing economical production coupled with quality manufacturing, East Asia is anticipated to lead the global capric acid market. Moreover, growing living standards and the rising GDP of APAC is boosting the growth of the personal care industry, which in turn is anticipated to spur the demand for capric acid from this industrial sector over the coming years. In fact, China and India are leading demand drivers for capric acid in the region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Capric Acid Market By Source, By Application, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global capric acid market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global capric acid market.

About Us:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

TechSci Research is committed to assisting customers worldwide with their unique market research needs by providing them with comprehensive, value-added solutions and professional market intelligence services. TechSci Research employs the industry’s best-trained industry Analysts and Consultants, which advises and assists customers in meeting their full-service market research and consulting requirements.

Leading organizations use TechSci Research for meeting strategic business goals and making informed business decisions.

Contact

Mr. Ken Mathews

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Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

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APAC to Dominate Oxo Alcohol Market During Forecast Period – TechSci Research

According to TechSci Research report, “Global Oxo Alcohol Market By Type, By Application, By Region, Competition, Forecast & Opportunities, 2025”, global oxo alcohol market is projected to grow steadily over the forecast period on account of growing application of oxo alcohols as a solvent in paints and coatings, among others. Moreover, the United States Environmental Protection Agency (EPA) approved iso-butanol to be used as an additive for blending into gasoline up to 16% to be used in automobile vehicles in the year 2018, which is anticipated to bode well for the growth of global oxo alcohols market in the upcoming years. Furthermore, major market players are continually engaging in research and development activities for developing new and efficient variants of oxo alcohol, which is bolstering the market growth across the globe. However, fluctuating raw material cost of crude oil and derivatives, which are used in the manufacturing of oxo alcohols, might restrain the market growth through 2025.

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Global oxo alcohol market can be segmented based on type, application and region. Considering the applications, the market is fragmented into plasticizer, acrylates, acetate esters, resins, solvents, glycol ethers, lubricants additives, surfactants, stabilizers and others. The plasticizer application segment dominated the global oxo alcohol market until 2019 and is estimated to maintain its lead in the next 5 years as well as it is the main ingredient for the manufacturing of plasticizers.

BASF, Dow Chemicals, Oxea Group, ExxonMobil Chemical Company, Mitsubishi Chemicals, Arkema, Evonik Industries, LG Chem, Ineos Oxide, Formosa Plastics Corporation, Eastman Chemical Company, Luxi Chemicals Company, Petrochina Sichuan Petrochemic, Wanhua Chemicals, Qilu Petrochemicals among others are the leading players operating in global oxo alcohol market.

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“Asia-Pacific is projected to dominate the global oxo alcohol market through 2025 on account of presence of large number of end-use industries in the region. Moreover, balanced supply and demand of the product coupled with increasing production capacities in the China market is further anticipated to boost the regional market growth over the years to come.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Oxo Alcohol Market By Type, By Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global oxo alcohol market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global oxo alcohol market.

About Us:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

TechSci Research is committed to assisting customers worldwide with their unique market research needs by providing them with comprehensive, value-added solutions and professional market intelligence services. TechSci Research employs the industry’s best-trained industry Analysts and Consultants, which advises and assists customers in meeting their full-service market research and consulting requirements.

Leading organizations use TechSci Research for meeting strategic business goals and making informed business decisions.

Contact

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Asia Pacific to Dominate Silicone Coating Market through 2025 – TechSci Research

According to TechSci Research report, “Global Silicone Coating Market By Composition Type (Silicone Polymers, 100% Silicone, Silicone Water Repellents and Others), By Technology (Solventless, Solvent-Based, Water-Based, Powder-Based), By Application (Construction, Automotive & Transportation, Consumer Goods, Marine, Industrial, Paper & Film Release, Others), By Region, Competition, Forecast & Opportunities, 2025”, global silicone coating market is expected to grow at a significant during the forecast period. Silicones are usually used by the coating industry in order to enhance protective and preservative attributes in a coating. Continuous development of products, expansions, and joint venture activities by the major market players are the factors responsible for the growth of the global silicone coatings market. Moreover, silicone coatings are used to minimize heat loss in various equipment as well as to provide the resistance from water, moisture, heat and dust, to improve performance and reduce the overall maintenance cost, which is positively influencing the growth of global silicone coating market across the globe. Major companies are focusing more on research and development activities to develop innovative products since product differentiation is the key factor to sustain in the competitive market. However, volatility in raw material prices and manufacturing cost of silicone coatings are some of the major factors that might restrain the growth of global silicone coating market.

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Global silicone coating market can be segmented based on composition type, technology, application and region. Considering the applications, the market is fragmented into construction, automotive & transportation, consumer goods, marine, industrial, paper & film release and others. The consumer goods segment dominated the global silicone coating market with around 30% market share in 2019 because silicone provides excellent gloss retention property making it a popular choice for coating household appliances as well as jewelry. Additionally, construction segment is anticipated to register high growth during the forecast period due to infrastructural developments across the globe and emphasis on green buildings along with VOC regulations which are creating high demand for environment friendly coatings, thereby bolstering the segment growth.  

Wacker Chemie AG, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., DOW Corning Corporation, KCC Silicone, Evonik Industries, BASF SE, Humiseal, BYK-Chemie GmbH, ACC Silicones among others are the leading players operating in global silicone coating market. The leading players are adopting several organic and inorganic growth strategies to enhance the market demand of silicone coating. Continuous adoption of development strategies, the diverse product portfolio and strategically positioned research and development centers are amongst few factors that are responsible for strengthening market position of these companies, which is anticipated to give an added advantage to the silicone coating market over the course of next five years.

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“Asia-Pacific is forecast to dominate the global silicone coating market terms of both value and volume over the course of next 5 years on the account of increasing investments by foreign companies coupled with growing production facilities in the region. Moreover, strong industrial base for construction, automotive sectors and consumer goods is projected in giving healthy push to the market growth over the forecast period. In addition to this, improvement in standard of living is anticipated to be one of the major factors contributing to the growth of the silicone coatings market in this region until 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Silicone Coating Market By Global Silicone Coating Market By Composition Type (Silicone Polymers, 100% Silicone, Silicone Water Repellents and Others), By Technology (Solventless, Solvent-Based, Water-Based, Powder-Based), By Application (Construction, Automotive & Transportation, Consumer Goods, Marine, Industrial, Paper & Film Release, Others), By Region, Competition, Forecast & Opportunities, 2025”  has evaluated the future growth potential of global silicone coating market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global silicone coating market.

About Us:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

TechSci Research is committed to assisting customers worldwide with their unique market research needs by providing them with comprehensive, value-added solutions and professional market intelligence services. TechSci Research employs the industry’s best-trained industry Analysts and Consultants, which advises and assists customers in meeting their full-service market research and consulting requirements.

Leading organizations use TechSci Research for meeting strategic business goals and making informed business decisions.

Contact

Mr. Ken Mathews

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New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

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Tetraacetylethylenediamine Market to Witness Significant Growth until 2025 – TechSci Research

According to TechSci Research report, “Global Tetraacetylethylenediamine Market By Product (Chlorine Bleach and Oxygen Bleach), By Application (Bleaching Agents, Household Detergents, Cleaning Agents, Others), By End-Use (Textile, Paper & Pulp, Residential, Commercial, Others), By Composition (TAED 90%-92%, TAED 94%, TAED >94%), By Region, Competition, Forecast & Opportunities, 2025”, global tetraacetylethylenediamine market is expected to grow at a substantial CAGR during the forecast period.

Tetraacetylethylenediamine has less impact on the environment as it can be easily degraded by wastewater treatment because its density is less than that of water. Moreover, factors such as less toxicity as well as minimal cost of TAED in the manufacturing of disinfectants is driving the growth of the global tetraacetylethylenediamine (TAED) market. Additionally, growing investments by the major market players is further expected to bode well for the growth of global tetraacetylethylenediamine market through the forecast years. Surging utilization of TAED in the manufacturing of paper pulp, food contact paper and paperboard products is expected to create new growth opportunities for global tetraacetylethylenediamine market players in the years to come. Furthermore, TAED acts as a base during the manufacturing of a broad-spectrum biocide, which is used for sterilising medical instruments, thereby anticipated to give healthy push to the growth of global tetraacetylethylenediamine market through 2025. However, reduction in the use of TAED in agricultural fields is one of the major factors that might restrain the growth of global tetraacetylethylenediamine market through 2025.

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Global tetraacetylethylenediamine market can be segmented based on product, application, end-use, composition, company and region. Considering the end-use, the market is fragmented into textile, paper & pulp, residential, commercial and others. The paper & pulp end user segment is anticipated to register high growth during the forecast period which can be accredited to the use of TAED to provide white color to paper in the pulp and paper industry. The textile segment is also anticipated to grow at a fast pace during the forecast years as tetraacetylethylenediamine acts as a bleaching agent and used in dishwashing.

AK Chemtech Co. Ltd, Chemsfield Korea Co Ltd, Hongye Chemical Co., Ltd, Triveni Chemicals, Warwick Chemicals, Zhejiang Jinke Peroxide Co., Ltd, Weylchem Group of Companies, Henkel AG & Co. KGaA, Acuro Organics Limited, Shanghai Deborn Co., Ltd among others are the leading players operating in global tetraacetylethylenediamine market. The players are adopting several growth strategies to enhance the market scenario of tetraacetylethylenediamine. Other competitive strategies include mergers & acquisitions to diverse their product portfolio in order to strengthen their market position.

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“Europe dominated the market until 2019 with about 50% of the market share in the global market for TAED on account of factors such as availability of raw materials and increased awareness among the consumers pertaining to the application and benefits of tetraacetylethylenediamine. Moreover, use of advanced technology in order to produce the product is further anticipated to aid the market growth over the coming years. Also, Asia-Pacific is expected to witness the fastest growth until 2025, which is accredited to the high growth in the textiles market in this region. Along with this, high disposable income of consumers coupled with increasing urbanization are some other factors boosting the market growth in the region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Tetraacetylethylenediamine Market By Product (Chlorine Bleach and Oxygen Bleach), By Application (Bleaching Agents, Household Detergents, Cleaning Agents, Others), By End-Use (Textile, Paper & Pulp, Residential, Commercial, Others), By Composition (TAED 90%-92%, TAED 94%, TAED >94%), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global tetraacetylethylenediamine market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global tetraacetylethylenediamine market.

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Mr. Ken Mathews

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Europe to Dominate Polyhydroxyalkanoate Market until 2025 – TechSci Research

According to TechSci Research report, “Global Polyhydroxyalkanoate Market By Type (Short Chain Length, Medium Chain Length, Others), By Application (Packaging & Food Services, Biomedical, Agriculture and Others), By Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), By Region, Competition, Forecast & Opportunities, 2025”, global polyhydroxyalkanoate market is expected to grow at a formidable CAGR during the forecast period. Increasing initiatives by national governments in terms of offerings such as subsidiaries and tax grants for the increased use of biodegradable materials is one of the major factors accounting for the growth of the global polyhydroxyalkanoate market. Moreover, booming packaging and healthcare industries is further expected to bode well for the growth of global polyhydroxyalkanoate market through 2025. In addition to this, ongoing research and development activities so that cost of PHAs can be minimized is creating new growth opportunities for global polyhydroxyalkanoate market. Furthermore, usage of PHAs in several bio-medical applications like cardiovascular patches, bone-marrow scaffolds, nerve repair devices, bone, among others is another factor, which is anticipated to give healthy push to the growth of global polyhydroxyalkanoate market in the coming years. However, high cost of raw materials and performance issues are the major factors that might restrain the growth of global polyhydroxyalkanoate market through 2025.

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Global polyhydroxyalkanoate market can be segmented based on type, application, production method, company and region. Considering the type, the market is fragmented into short chain length, medium chain length and others. The short chain length PHAs segment dominated the global polyhydroxyalkanoate market until 2019 and is further anticipated to lead the market in terms of both value and volume during the forecast period as well on account of its outstanding properties which includes higher toughness, better flexibility and soaring demand of biodegradable materials. Additionally, increased understanding regarding plastic waste creation leading to ecological imbalance has positively changed the market sentiments towards the utilization of sustainable products, therefore creating a rise in demand for biodegradable plastics. This factor plays a crucial role in fueling the growth of segment across the globe.

Kaneka Corporation, Danimer Scientific, Shenzhen Ecomann Biotechnology Co., Ltd, Bio-On Spa, Newlight Technologies, LLC, TianAn Biological Materials Co. Ltd, Rwdc Industries, Bochemie, Biomer, Polyferm Canada, Incare among others are the leading players operating in global polyhydroxyalkanoate market. The players are adopting several growth strategies to enhance the market scenario of polyhydroxyalkanoate. Other competitive strategies include mergers & acquisitions to diverse their product portfolio in order to strengthen their market position.

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“Europe is forecast to dominate the global polyhydroxyalkanoate market during the next 5 years on the account of presence of major industry players such as such as Bio-on, Biomer, Natureplast, ColorFabb, and EarthBi in the region. Moreover, mounting use of biodegradable plastic in agriculture, packaging & food service, bio-medical applications is also contributing to the growing trend. Furthermore, rise in the consumer’s disposable income along with the existence of large amount of capital by numerous industries resulting in increased investment in R&D are some other factors that are expected to boost the growth of global polyhydroxyalkanoate market in Europe through 2025. Also, Asia-Pacific is expected to witness the high growth during the forecast years, which is accredited to the presence of large manufacturing industries in this region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Polyhydroxyalkanoate Market By Type (Short Chain Length, Medium Chain Length, Others), By Application (Packaging & Food Services, Biomedical, Agriculture and Others), By Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global polyhydroxyalkanoate market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global polyhydroxyalkanoate market.

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APAC to Dominate Decorative Coatings Market through 2025 | TechSci Research

According to TechSci Research report, “Global Decorative Coatings Market By Resin Type (Acrylic Resin, Alkyd Resin, Vinyl Resin, Polyurethane Resin, Others), By Technology (Waterborne Coatings, Solvent borne Coatings, Powder Coatings), By Coating Type (Interior, Exterior, Others), By User Type (Diy, Professional), By Product Type (Emulsions, Wood Coatings, Enamels and Others), By Application (Residential Vs Non-Residential), By Region, Competition, Forecast & Opportunities, 2025”, global decorative coatings market is expected to grow at a steady CAGR until 2025. Surging requirement for eco- friendly coatings across the globe is one of the major factors accounting for the growth of global decorative coatings market. Moreover, growing construction activities coupled with rising investments in infrastructure developments across the globe is further expected to bode well for the growth of global decorative coatings through 2025. In addition to this, increased focus on research and development activities globally, is positively influencing the growth of global decorative coatings market. Also, stringent environmental regulations by the governing bodies regarding environmental protection coupled with booming economic growth in emerging economies is anticipated to fuel the growth of global decorative coatings market during the next five years. Furthermore, these coatings help in protection of walls from external harsh environments extremes like temperature, UV radiations, moisture, among others is making them a popular choice.

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Global decorative coatings market can be segmented based on resin type, technology, coating type, user type, product type, application, company and region. Considering the resin type, the market is fragmented into acrylic resin, alkyd resin, vinyl resin, polyurethane resin and others. The acrylic segment dominated the global decorative coatings market in terms of largest revenue until 2019 and is further anticipated to hold its dominance during the forecast years as these acrylic decorative coatings are widely used owing to their characteristics such as weathering and oxidation resistance. Additionally, acrylics resin type coatings hold color better and provide gloss retention, thereby positively influencing the growth of the segment across the globe. More than that, properties such as high durability on exposure to wind, rain, UV light, snow is further boosting the growth of segment.

PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Kansai Paints Co., Ltd., Asian Paints Limited, Nippon Paint Holdings Co., Ltd., BASF SE, Masco Corporation, Jotun Group, RPM International Inc., Decoral System S.r.l. are among others are the leading players operating in global decorative coatings market. The players are adopting several growth strategies to enhance the market scenario of decorative coatings. Other competitive strategies include mergers & acquisitions to diversify their product portfolio in order to strengthen their market position.

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“Asia-Pacific is forecast to dominate the global decorative coatings market during the course of next five years on the account of rising population and economic growth in the region. Moreover, residential and non-residential sectors in economies such as China, India, Vietnam and Bangladesh are expected to develop, which is anticipated to contribute to the growing trend. Furthermore, expanding automobile sector in these regions is further expected to boost the growth of global decorative coatings market through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Decorative Coatings Market By Global Decorative Coatings Market By Resin Type (Acrylic Resin, Alkyd Resin, Vinyl Resin, Polyurethane Resin, Others), By Technology (Waterborne Coatings, Solvent borne Coatings, Powder Coatings), By Coating Type (Interior, Exterior, Others), By User Type (Diy, Professional), By Product Type (Emulsions, Wood Coatings, Enamels and Others), By Application (Residential Vs Non-Residential), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global decorative coatings market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global decorative coatings market.

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Aerospace Plastics Market to Witness Challenging Times Ahead | TechSci Research

According to TechSci Research report, “Global Aerospace Plastics Market By Polymer Type, By Aircraft Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024”, the global aerospace plastics market stood at $ 12 billion in 2019 and is expected to witness sluggish growth during 2020 – 2025. A major chunk of demand for aerospace plastics can be attributed to demand for lightweight and high efficiency aircraft, increasing passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircraft and growth of the aviation industry in developing economies.

However, COVID-19 outbreak during 2020 across the globe has significantly affected the overall market of aerospace plastics, globally. The effects of COVID-19 are not confined to specific sectors but extend to a range of sectors including automotive, hospitality, oil & gas and many others. The factors include workforce dislocation and disruption in the complete supply chain, which hindered manufacturing across all the sectors. In addition, the steep decline in demand amid pandemic was observed and is expected to face a slowdown for a longer period due to lockdown imposed among various countries and continuous decline in the revenues generated by travelling sector is directly affecting the aerospace plastics industry and its overall market demand, globally.

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The market for aerospace plastics is segmented into polymer type, aircraft type, application and region. Among the polymer types, PEEK is anticipated to account for the largest share of the aerospace plastics market in 2019 while polymethyl methacrylate (PMMA) is expected to outperform other polymer types during forecast period. PMMA is used as a substitute to glass for manufacturing airplane windows. Further, the market is segmented based on applications, which include cabin interiors, flight deck and cockpit and structures sub-segments. Out of these, cabin interiors accounts for the largest share in the aerospace plastics market in 2019.

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Based on region, the market is segmented as Asia Pacific (APAC), Europe, North America, Rest of the World. Among these regions, the North American region is expected to account for the largest share of the aerospace plastics market in 2019. “Among aircraft types, commercial aircraft account for the largest share of the aerospace plastics market. However, the industry is expected to witness challenging times in the coming years, predominantly on account of a huge impact that the entire aerospace industry has had to face due to COVID-19 pandemic.” stated Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Aerospace Plastics Market By Polymer Type, By Aircraft Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the global aerospace plastics market.

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Plastic Recycling Market to Surpass $ 110 Billion by 2025 | TechSci Research

According to TechSci Research report, “Global Plastic Recycling Market By Type, By Source, By Method, By End-User, By Company, By Region, Competition, Forecast & Opportunities, 2025”, the global plastic recycling market is expected to grow at a steady CAGR during the forecast period and surpass $ 110 billion by 2025. Growing environmental concerns and rising adoption of recycled products are fueling demand for plastic recycling, globally. Polyethylene segment has the largest share in the global plastic recycling market due to its major use in packaging industry. Growth in packaging industry on account of rising technological advancements in food and beverage industry is expected to boost plastic recycling market in the coming years. Other sectors which are the major end users of recycled plastics include construction, automotive, textiles and electrical and electronics.

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Global plastic recycling market is segmented on the basis of type, method, end use, source and region. On the basis of end user segmentation, the market is categorized into Packaging, Building & Construction, Textile, Automotive, Electrical & Electronics and Others. Packaging segment is expected to dominate the market until 2025 owing to the rising utility in food and beverage industry. Among all the regional markets, Asia-Pacific dominated the global plastic recycling market until 2019. Owing to major plastic industries in China and South East Asian countries, Asia-Pacific is expected to continue its market dominance during the forecast period.

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Some of the leading players operating in the global plastic recycling market include Veolia Environment SA, Suez SA, Republic Services Inc., Waste Connection, B&J Par, KW Plastics, BASF SE, Borealis AG, B. Schoenberg & Co., Clear Path Recycling LLC, Dupoint Teijin Films, Custom Polymers Inc. and others. “Global plastic recycling market is expected to grow at a steady rate in the coming five years. Rising utility of polyethylene due to growing global packaging industry has and will continue to lead to significant growth in the market over the next five years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Plastic Recycling Market By Type, By Source, By Method, By End-User, By Company, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global plastic recycling market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global plastic recycling market.

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Ammonia Market, Led by APAC, to Reach $ 68 Billion by 2025 | TechSci Research

According to TechSci Research report, “Global Ammonia Market By Grade, By Application, By Manufacturing Process, By Region, Competition, Forecast & Opportunities, 2025”, the global ammonia market is forecast to reach $ 68 billion by 2025 owing to increasing demand from chemicals, fertilizers and pharmaceutical industries. Growing global fertilizer industry is expected to continue augmenting demand for ammonia over the next five years. However, global lockdown due to onset of COVID-19 has resulted in disruptions in the entire supply chain and decline in demand across major end use applications, globally, which is expected to negatively affect ammonia consumption in 2020.

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The global ammonia market is segmented based on grade, application, manufacturing process, and region. Based on grade, the global ammonia market is bifurcated into Anhydrous and Aqueous segments, of which Anhydrous holds the majority share due to its high demand in fertilizer market on account of its ease of availability and lower cost. Based on Application, the market can be fragmented into Fertilizers, Chemicals, pharmaceuticals, Electronics, Refrigeration, Household, Food, and Others. Fertilizers segment is expected to continue its dominance during the forecast period since nitrogen based products are abundantly used in agriculture sector, globally. Region wise, APAC is likely to dominate the global ammonia market over the next five years, majorly due to high consumption in China and India.

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COVID-19 pandemic is having a significant impact on the global demand scenario for ammonia, at least in the near term. Lockdown measures across the globe are negatively affecting the global fertilizer industry, which is resulting in declining demand for ammonia. This is expected to translate into negative growth of the global ammonia market in 2020. Nevertheless, with rising inclination towards opening up economies, demand for ammonia is forecast to witness revival and grow over the next five years.

Major players operating in the global ammonia market include CF Industries Holdings, Yara International, Nutrien Fertilizer, OCI NV, Ostchem Holdings, Ma’aden Phosphate, Mosaic Crop Nutrition, Eurochem Group AG, among others. “Global ammonia market is witnessing steady growth and is expected to continue rising in the coming years. Market growth is anticipated on account of growing agriculture sector, majorly in Asia-Pacific, which will result in higher consumption of fertilizers, and consequently ammonia in the foreseeable future. Moreover, growing chemicals and pharmaceuticals sectors are also expected to positively influence the global ammonia market in the medium to long term.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Ammonia Market By Grade, By Application, By Manufacturing Process, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Ammonia market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global ammonia market.

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