Wax Market 2022: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, and Forecast To 2031

 Wax Market 2022

The report by Persistence Market Research expects the global wax market to witness sluggish growth. It is also anticipated to register CAGR of 2.9% during the forecast period between 2017 and 2026. The global wax market is also expected to bring in US$ 11,017.7 million revenue towards the end of 2026.

There are different types of waxes being used for various applications. For instance, the fossil-based wax is being largely used for making candles, coatings and polishing, and in packaging. Meanwhile, paraffin wax which is derived from various processes of crude oil refining is being used in beauty and cosmetic care industry as it is safe to use. However, the demand for paraffin wax is declining as the demand for bio-based wax is growing, especially in the various countries in Asia-Pacific. The fully refined waxes are also widely used for candle making and as wax coatings for paper, film and foil substrates used in the packaging.  The global wax market has also become highly volatile in the recent years owing to the price volatility of crude oil.

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Increasing Application of Wax in Various Industries to Impact the Market Growth

Strengthening economy in the developed nations is supporting the manufacturing sector. Hence, the industrial wax is witnessing a rise in demand for adhesives, inks and coatings, and plastic and rubber processing. Meanwhile, these processing mostly uses cost-effective wax. The wax is expected to witness strong demand in the manufacturing sector and in construction activity. However, owing to the closure of some wax producing plants in North America and Europe is resulting in the decline in the wax market. Meanwhile, the demand for vegetable and synthetic wax has increased. Moreover, it is also becoming inevitable for wax producing companies to shift from petroleum wax to natural vegetable and synthetic wax. These companies are therefore adopting innovative technologies in their production facilities.

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Global Wax Market: Segment-Wise Analysis

• The global wax market is segmented into the industry, application, product type, and region. Based on the product type, paraffin wax is expected to emerge as the largest product in the market. By the end of 2026, paraffin wax is estimated to surpass US$ 3,700 million revenue.
• Based on the industry, plastic & rubber industry is expected to witness the highest growth during the forecast period 2017-2026. By the end of 2026, plastic & rubber industry is estimated to bring in more than US$ 2,400 million revenue.
• Based on the application, the global wax market is segmented into rheology/surface applications, candles, polish, rubber, cosmetics, hot-melt adhesive, soap wax, and other. Among these, candles are expected to emerge as the largest application segment in the wax market. Candles are estimated to create an incremental opportunity of more than US$ 900 million between 2017 and 2026.
• Geographically, the global wax market is segmented into Latin America, Europe, North America, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). Among these, APEJ is expected to emerge as the most attractive market in the global wax market during the forecast period 2017-2026.

Global Wax Market: Competitive Analysis

The report provides a detailed profile of various companies operating in the global wax market. Some of the leading players in the market are Exxon Mobil Corporation, Royal Dutch Shell plc., BP plc., Akzo Nobel NV, The Lubrizol Corporation, Honeywell International Inc., Cargill, Inc., Archer Daniels Midland Company, BASF SE, and Evonik Industries AG. The leading players are entering into a partnership and merger and acquisition to expand their reach and improve market share.

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Global Hydrophobic Coatings Market by Manufacturers, Regions, Type and Application, Forecast to 2031

 Hydrophobic Coatings Market 2022

As per latest industry analysis by Persistence Market Research, the global hydrophobic coatings market is expected to progress at a healthy CAGR of 4.2% and top a valuation of US$ 2.5 Bn 2031.

Increasing construction activities across the globe, especially in developing nations, are anticipated to drive market growth over the coming years. Countries in Asia Pacific such as India, China, and ASEAN countries, are expected to focus on enhancing their infrastructure owing to increasing FDI across these counties. Consistent growth in end-use industries, especially building & construction, is elevating demand for hydrophobic coatings.

Globally, key manufacturers are focusing on stringent government regulations and are indulged in reducing their carbon footprints to increase sustainability in their products. Moreover, market players are investing around 3%-5% of their revenue in research & development activities to enhance coatings so as to emit low volatile organic compounds.

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Key Takeaways from Market Study

• Globally, East Asia is estimated to hold around one-third market value share and is expected to continue its dominance over the coming years.
• Increasing automotive production and vehicle parts is considered to be one of the key factors driving demand growth of hydrophobic.
• Polysiloxanes coatings are estimated to fuel market growth and expected continue their dominance owing to increasing adoption across end-use industries.
• Automotive & transportation and building & construction are expected to provide lucrative growth opportunities to hydrophobic coating suppliers.

“Globally, key players are focusing on backward integration by commissioning new capacity for raw materials to strengthen the value chain and reduce logistics & transportation costs,” says a Persistence Market Research analyst.

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Competitive Landscape

The global hydrophobic coatings market has been identified as a fairly fragmented space with the presence of local and regional players in the market. Globally, the top ten key players estimated to dominate the market with more than 30%-40% market share.

Some of the key players are PPG Industries, The 3M Company, PPG Industries, Aculon Inc., Master Builders Solutions Admixtures US LLC, NTT Advanced Technology Corporation, NeverWet LLC, NEI Corporation, Abrisa Technologies, AccuCoat Inc., NANOKOTE Pty Ltd, Precision Coatings Co. Inc., Lotus Leaf Coatings Inc., Advanced Nano Tech Lab, Nano-Care Deutschland AG, and COTEC GmbH.

Conclusion

The building & construction industry along with the automotive industry remains the cornerstone of demand for hydrophobic coatings. The Asia Pacific region is estimated to account for the largest chunk of demand.

Key manufacturers of hydrophobic coatings are focusing on increasing their production capacity of specialty coatings at existing plants to avoid capital investments and simultaneously increase overall market share from the same product lines.

More Valuable Insights on Offer

Persistence Market Research, a research and consulting firm, has published a market research report on the paints and coatings market that contains global industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides in-depth analysis of the market through different segments, namely, coating type, substrate type, end use, and region. The report also provides supply and demand trends, along with an overview of the parent market.

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Graphite Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2031

 Graphite Market 2022

Worldwide sales of graphite reached ~3,100 (‘000 Tons) in 2018, according to a recent report published by PMR on graphite market. According to the study, the graphite market is projected to grow at ~6% CAGR during the forecast period of 2019-2029. Graphite is considered as one of the strongest, thinnest, and stiffest impermeable materials on earth, with good thermal and electrical conductivity, and very high energy efficiency. Commercialization of graphene with application of latest technologies and innovations is expected to lift the graphite market over the stipulated timeframe. The global graphite market was valued at ~US$ 18 Bn in 2018, and is expected to reach ~US$ 39 Bn by the end of the forecast period.

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According to the brief research, China is expected to display remarkable production of graphite in terms of supply, and hold the largest share among all countries across the globe. Besides, the substantial demand for graphite in lithium-ion batteries and increasing demand from the automotive industry, owing to characteristic properties of graphite such as greater energy efficiency, high mechanical strength, and lubrication is expected to bolster the growth of the graphite market.

For instance, In July 2016, Tesla Motors announced setting up of a gigafactory for production of lithium ion batteries to aid production of 500,000 new electric cars by 2020. Around 72,000 tonnes of graphite is expected to be consumed for the same.

Additionally, according to Benchmark Mineral Intelligence—an agency involved in collection and assessment of data related to lithium ion battery supply chain—demand for graphite is expected to increase 200% during 2016–2020.

Graphene Set to Revolutionize Future Tech

The graphite market is a consolidated market due to the presence of several international market players. Industry players have laid their concentration on key developments such as expansion and research & development, to fulfill the increasing demand for graphite generated from end-users across various regions such as APEJ, Europe, North America, etc.

Graphene is a two-dimensional carbon nano material made from graphite and has various revolutionary properties. Graphene has the potential to revolutionize future technologies and influence various industries, including applications in various industries such as plastic & polymer, medical, coating, marine, chemicals, automotive, and construction

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For instance, according to Wall Street, at the end of May 2013, there were 9,218 patents published on graphene. With such large number of patents, a rise in number of graphene products is expected in the near future, in turn, driving the demand for graphite.

As per PMR’s in-depth market analysis, international and regional players in the graphite market are offering high quality and natural graphite with several characteristic properties. This factor will result in substantial growth of the graphite market in the coming years.

China Leads Gains in the Graphite Market

China is the largest producer of graphite, accounting for over 70% of global production. In 2012, China’s Ministry of Industry and Information Technology (MIIT) released a document titled ‘Graphite Industry Access Conditions’ that comprises government plans and regulations on the treatment of graphite. The document considers graphite to be a rare earth mineral and proposes steps to regulate the market. China is likely to hold a prominent share in the graphite market throughout the forecast period.

Presence of leading market players in the country and merger & acquisition of new entrants are key factors pushing the graphite market growth in China.

Graphite Market: Vendor Insights

PMR’s analysis displays innovative insights about the competitive structure of the graphite market and distinguishing methodologies of matured market players. Few of the key players in the market are AMG Advanced Metallurgical Group N.V., Showa Denko K.K., Toyo Tanso Co., Ltd., SGL Carbon SE, Tokai Carbon Co., Graphite India Limited, Nippon Carbon Co Ltd, SEC Carbon, Limited, HEG Limited, GrafTech International Ltd., and Imerys S.A., among others. Furthermore, several major players operating in the graphite market are adopting various strategies related to the demand point of view, from manufacturers and buyers.

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Aerospace Coatings Market by Component, Application, Growth and Analysis – 2031

 Aerospace Coatings Market 2022

The approximately US$ 1.5 billion market for aerospace coatings has been projected to observe promising expansion during the next decade. Persistence Market Research delivers key insights on the global aerospace coatings market in its new report titled “Aerospace Coatings Market: Global Industry Analysis 2013–2017 and Market Forecast 2018–2028”. According to the research study, the demand for aerospace coatings will receive strong impetus from the increasing aircraft production and sales, and subsequent growth in aircraft fleet. Attributing to the increasing demand for efficient, lightweight, and advanced aerospace coatings from several airline carriers, the global aerospace coatings market is estimated to create an incremental opportunity of over a billion-dollar between 2018 and 2028.

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Global Aerospace Coatings Market Dynamics

The global aerospace coatings market is directly dependent on the production and sales of aircraft. The higher the demand for new aircraft, the higher the demand for aerospace coatings in the market. The service life of external coatings is estimated to be around five years (depending on the number of hours travelled by the aircraft and the service environment); hence, aircraft need to be entirely recoated over a life span of three to five years. This in turn is estimated to be the key factor driving the growth of the global aerospace coatings MRO sales channel during the forecast period.

For many years, aerospace coatings have contained hexavalent chromium to help protect aircraft from corrosion. However, due to the introduction of environmental regulations, the utilization of hexavalent chromium has been prohibited due to the health and environmental risks associated with it. Thus, manufacturers are developing eco-friendly or chromate-free coatings that protect and preserve the environment, while protecting an aircraft from the damaging effects of corrosion. Growing traction towards chromate-free primers is considered to be an ongoing trend in the global aerospace coatings market during the forecast period.

Global Aerospace Coatings Market Forecast

With respect to market size and unit sales, owing to the relatively higher production rate of aircraft as well as large aircraft fleet size, North America is expected to account for the dominant share in the global aerospace coatings market throughout the forecast period. North America is expected to be followed by Europe and East Asia.

Furthermore, Middle East and Africa and South Asia regions are estimated to create a modest incremental $ opportunity in the global aerospace coatings market between 2018 and 2028. Latin America and Oceania are expected to grow at moderate rates in the global aerospace coatings market over the forecast period.

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On the basis of product type, the topcoat segment is anticipated to account for a prominent value share in the global aerospace coatings market. Polyurethane is estimated to be the preferred material for topcoats. The ceramic coatings segment is also estimated to create significant opportunities in the global aerospace coatings market during the forecast period.

Based on application, the exterior segment is estimated to dominate the global aerospace coatings market, accounting for more than three-fourths of the total market. In terms of volume, the demand for aerospace coatings from the exterior segment was more than 10,900 ‘000 Li in 2018. Moreover, the interior segment is estimated to register higher growth in the years to come, which is attributed to surging strategic attention of manufacturers to aircraft interior.

On the basis of end use, attributing to the increasing air passenger traffic, the commercial segment is estimated to dominate the global aerospace coatings market throughout the forecast period. The large fleet size of general and business aviation aircraft around the globe is estimated to create significant opportunities for maintenance, repair, and overhaul (MRO) sales channel segment during the forecast period.

Global Aerospace Coatings Market: Competitive Landscape

Some of the key players in the aerospace coatings market included in this study are The Sherwin Williams Company, PPG Industries Inc., Akzo Nobel N.V., Henkel AG & Co. KGaA, BASF SE, Axalta Coating Systems Ltd., Compagnie de Saint-Gobain S.A., Zircotec, Master Bond Inc., and APV Engineered Coatings, among others.

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Cold Flow Improvers Market 2022 Global Key Players, Trends, Sales, Supply, Demand, Application, Share Analysis to 2031

 Cold Flow Improvers Market 2022

Cold flow improvers are mostly sought after for their ability to avoid wax formation in process units and pipelines when fuel temperature lowers, especially in industries that depend on lubricants and oil & gas sectors. According to a new report on global cold flow improvers market published by Persistence Market Research (PMR), the market is estimated to witness a year on year (Y-o-Y) revenue growth of 4.6%, projecting to attain one billion dollar mark in 2019. The global consumption of cold flow improvers has been envisaged to surpass 300,000 tons in terms of volume by 2019-end.

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North America to Represent Higher Y-o-Y Growth than Europe in Cold Flow Improvers Market

While Europe continues to maintain its dominance in the cold flow improvers market with an estimated volume of over 116,000 tons by 2019-end, North America is anticipated to record a higher year on year value growth of more than 5% each year following 2019.

Europe’s strong automotive industry, which is projected to cross a value of US$ 260 million in 2019, may directly impact the growth of cold flow improvers market in the region. Moreover, Europe is anticipated to account for 40% share of cold flow improvers market in the automotive segment over the forecast period.

Among end-use industries, automotive sector is likely to contribute a revenue of more than US$ 260 million to the cold flow improvers market. Increasing automotive production and sales worldwide has been accelerating the demand for lubricant additives, which is subsequently pushing the growth of cold flow improvers market. Global sales of cold flow improvers is likely to gain speedy momentum in the coming years, with consumer shift toward premium quality lubricant additives for better engine performance.

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Cold Flow Improvers Market Players Eye China as Highly Lucrative Country

China, the world’s leading automobile producer, is anticipated to present lucrative opportunities for key players operating in the cold flow improvers market who are focusing on improving their foothold in the emerging economies. Growing net vehicle parc and expanding fleet size are likely to be the demand driving determinants of cold flow improvers in China. Growth of China cold flow improvers market can also be attributed to significant economic growth along with robust development in the aviation infrastructure.

Besides automotive sector, aviation industry is drastically thriving in China on the account of most favored low-cost business model which may be highly impactful to growth of various markets associated with airline fuels and lubricant additives including cold flow improvers market.

Polyacrylate to Reign Supreme in the Cold Flow Improvers Market

Accounting for over 31% revenue share of cold flow improvers market by product type, polyacrylate is expected to maintain its supremacy throughout the forecast period. In terms of volume, total consumption of polyacrylate in Europe is foreseen to cross 38,000 tons in 2019, while North America takes the second position with consumption of more than 30,000 tons in the same year.

Opportunities Abound for Key Players in the Cold Flow Improvers Market

In order to cater the ever-increasing regional demand, several companies producing cold flow improvers are focusing on expanding production capacity and manufacturing units in high demand regions. Further, they are targeting organic & inorganic methods such as M&A and joint ventures to strengthen their presence in the global market of cold flow improvers. In addition, emerging trends of adopting bio-based oils or vegetable oils as sustainable raw materials which not only help improve the environmental issues but also add cost and performance benefits will possibly impact the market growth.

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Global Thermal Insulation Material Market 2022 Share, Trend, Segmentation and Forecast to 2031

 Thermal Insulation Material Market 2022

With the rapid development of the construction industry all over the world, there is a steady demand for thermal insulation materials globally and this is a major factor boosting the growth of the global thermal insulation material market. In addition, various initiatives of the government all across the world in the field of energy conservation in buildings also aid the development of thermal insulation material market. These are some of the findings of the latest in-depth report released by Persistence Market Research titled as ‘Thermal Insulation Material Market: Global Industry Analysis and Forecast 2017 – 2020’. Also, in this report the complete study of market dynamics operating in the thermal insulation material market in the form of drivers, restraints and trends is carried out and presented lucidly. As per the projections given in this report, the global thermal insulation material market was valued at US$ 46,917.1 Mn in 2017 and is expected to reach a valuation of US$ 53,286.8 Mn in 2020 end, displaying a CAGR of 4.3% during the period of assessment 2017-2020.

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Global Thermal Insulation Material Market: Market Dynamics

Macroeconomic factors such as growing GDP, increasing income levels and rising purchasing power of consumers in emerging economies such as China and India have increased significantly in the last three to five years, due to which, consumer electronic products have gained traction. This has increased demand for raw materials such as thermal insulation used in refrigerators and air conditioners. Moreover, the transportation medium for LNG/cryogenic gas requires thermal insulation materials for lining of pipelines and barrels to maintain the required temperature. Insulation materials generally used include polyurethane, polystyrene and other foams. These thermal insulation products are widely used for transportation of LNG in barrels and pipelines. This is expected to continue to drive demand for thermal insulation materials in the global thermal insulation material market.

The global thermal insulation material market is weak in terms of distribution channels and hence, it is difficult for manufacturers to reach target audiences easily or to effectively create awareness about products. As a result, growth of the thermal insulation material market is not expected to be robust over the forecast period despite growing concern about energy conservation.

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Global Thermal Insulation Material Market: Segmentation and Forecast

The global thermal insulation material market is segmented on the basis of material type, temperature range and region.

• On the basis of material type, fibreglass is the largest segment in the global thermal insulation material market, and is likely to represent nearly 43% of the total market revenue by 2020 end. Fibreglass is expected to account for US$ 22,534.8 Mn in 2020, gaining some amount of market share as compared with year 2017.
• On the basis of temperature range, thermal insulation material market for temperature ranges −49?C to 0?C and 1?C to 100?C are estimated to aggregately represent 86.4% market value in 2020 with a gain in market shares for both of these segments.
• On the basis of region, Asia Pacific is the largest and fastest growing market and is projected to account for US$ 22,250.4 Mn by 2020, gaining a considerable amount of market share.

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Global Polyvinyl Chloride Market 2022 Industry Key Players, Share, Trend, Applications, Segmentation and Forecast to 2031

 Polyvinyl Chloride Market 2022

According to PMR, the global polyvinyl chloride market is expected to exhibit a 4.0% CAGR in the course of the forecast period. The global polyvinyl chloride market is projected to cross a valuation of US$ 91,811 Mn by 2026 end.

The global Polyvinyl Chloride Market is expected to witness a digitally stimulated growth in the forecast period. In other words, it is expected to record a CAGR of 4 %, reaching US$ 91,811 Mn going further. Mechanical recycling of the product offerings will play a vital role in the chemical vertical. As such, green technologies would be the game-changer, that too, at a commercial scale. This would be the commercial behaviour of the chemical vertical.

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Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical strength, abrasion resistance and toughness associated with it. PVC can be bifurcated into two basic forms: rigid and flexible. The rigid form of PVC can be used in manufacturing of pipes, doors and windows and plastic bottles. The flexible form of PVC can be used in plumbing, electrical cable insulation, imitation leather and signage.

Polyvinyl Chloride Market Segmented By Rigid, Flexible Product in Construction, Automotive, Packaging, Electrical and Electronics, Consumer Goods for Pipes and Fittings, Profiles and Tubes, Films and Sheets, Cables, Bottles

On the basis of product type, PVC market is classified as wire and cable, pipes and fittings, bottles and others. Based on the application, PVC market is divided into two segments: rigid polyvinyl chloride and flexible polyvinyl chloride. The PVC market is also segmented on the basis of their end-users: automotive, electrical, construction, packaging and others.

Asia Pacific is the largest market for PVC market accounting for more than 50% of the global PVC market. Asia Pacific region is expected to show a good growth rate over a forecasted period due to high growth potential of building and construction industry. China represents the largest market for PVC in the Asia Pacific region. Europe is the second largest market for PVC, followed by North America. The market of Polyvinyl chloride (PVC) is expected to witness a double digit growth rate in the coming years. Some of the major drivers contributing the overall market growth of Polyvinyl chloride (PVC) market include high growth in the building and construction sector, high growth in the automobile industry and growing medical devices.

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Some of the major restraints for PVC market include increasing competition from steel and concrete pipes and prohibited use of PVC in the construction of green building. Some of the major companies operating in the PVC market include Occidental Petroleum Corporation, Solvay S.A., Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Ineos Chlorvinyls Ltd, Xinjiang Zhongtai Chemical Co. Ltd., Mexichem S.A.B., KEM one and Axiall Corporation.

Key points covered in the report

Report segments the market on the basis of types, application, products, technology, etc (as applicable)

• The report covers geographic segmentation
  • North America
  • Europe
  • Asia
  • RoW
• The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
• The report provides company profiles of some of the leading companies operating in the market
• The report also provides porters five forces analysis of the market.

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Thermal Insulation Material Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2031

 Thermal Insulation Material Market 2022

With the rapid development of the construction industry all over the world, there is a steady demand for thermal insulation materials globally and this is a major factor boosting the growth of the global thermal insulation material market. In addition, various initiatives of the government all across the world in the field of energy conservation in buildings also aid the development of thermal insulation material market. These are some of the findings of the latest in-depth report released by Persistence Market Research titled as ‘Thermal Insulation Material Market: Global Industry Analysis and Forecast 2017 – 2020’. Also, in this report the complete study of market dynamics operating in the thermal insulation material market in the form of drivers, restraints and trends is carried out and presented lucidly. As per the projections given in this report, the global thermal insulation material market was valued at US$ 46,917.1 Mn in 2017 and is expected to reach a valuation of US$ 53,286.8 Mn in 2020 end, displaying a CAGR of 4.3% during the period of assessment 2017-2020.

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Global Thermal Insulation Material Market: Market Dynamics

Macroeconomic factors such as growing GDP, increasing income levels and rising purchasing power of consumers in emerging economies such as China and India have increased significantly in the last three to five years, due to which, consumer electronic products have gained traction. This has increased demand for raw materials such as thermal insulation used in refrigerators and air conditioners. Moreover, the transportation medium for LNG/cryogenic gas requires thermal insulation materials for lining of pipelines and barrels to maintain the required temperature. Insulation materials generally used include polyurethane, polystyrene and other foams. These thermal insulation products are widely used for transportation of LNG in barrels and pipelines. This is expected to continue to drive demand for thermal insulation materials in the global thermal insulation material market.

The global thermal insulation material market is weak in terms of distribution channels and hence, it is difficult for manufacturers to reach target audiences easily or to effectively create awareness about products. As a result, growth of the thermal insulation material market is not expected to be robust over the forecast period despite growing concern about energy conservation.

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Global Thermal Insulation Material Market: Segmentation and Forecast

The global thermal insulation material market is segmented on the basis of material type, temperature range and region.

• On the basis of material type, fibreglass is the largest segment in the global thermal insulation material market, and is likely to represent nearly 43% of the total market revenue by 2020 end. Fibreglass is expected to account for US$ 22,534.8 Mn in 2020, gaining some amount of market share as compared with year 2017.
• On the basis of temperature range, thermal insulation material market for temperature ranges −49?C to 0?C and 1?C to 100?C are estimated to aggregately represent 86.4% market value in 2020 with a gain in market shares for both of these segments.
• On the basis of region, Asia Pacific is the largest and fastest growing market and is projected to account for US$ 22,250.4 Mn by 2020, gaining a considerable amount of market share.

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Polyvinyl Chloride Market 2022 Analysis of the World's Leading Suppliers, Sales, Trends and Forecasts up to 2031

 Polyvinyl Chloride Market 2022

According to PMR, the global polyvinyl chloride market is expected to exhibit a 4.0% CAGR in the course of the forecast period. The global polyvinyl chloride market is projected to cross a valuation of US$ 91,811 Mn by 2026 end.

The global Polyvinyl Chloride Market is expected to witness a digitally stimulated growth in the forecast period. In other words, it is expected to record a CAGR of 4 %, reaching US$ 91,811 Mn going further. Mechanical recycling of the product offerings will play a vital role in the chemical vertical. As such, green technologies would be the game-changer, that too, at a commercial scale. This would be the commercial behaviour of the chemical vertical.

Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical strength, abrasion resistance and toughness associated with it. PVC can be bifurcated into two basic forms: rigid and flexible. The rigid form of PVC can be used in manufacturing of pipes, doors and windows and plastic bottles. The flexible form of PVC can be used in plumbing, electrical cable insulation, imitation leather and signage.

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Polyvinyl Chloride Market Segmented By Rigid, Flexible Product in Construction, Automotive, Packaging, Electrical and Electronics, Consumer Goods for Pipes and Fittings, Profiles and Tubes, Films and Sheets, Cables, Bottles

On the basis of product type, PVC market is classified as wire and cable, pipes and fittings, bottles and others. Based on the application, PVC market is divided into two segments: rigid polyvinyl chloride and flexible polyvinyl chloride. The PVC market is also segmented on the basis of their end-users: automotive, electrical, construction, packaging and others.

Asia Pacific is the largest market for PVC market accounting for more than 50% of the global PVC market. Asia Pacific region is expected to show a good growth rate over a forecasted period due to high growth potential of building and construction industry. China represents the largest market for PVC in the Asia Pacific region. Europe is the second largest market for PVC, followed by North America. The market of Polyvinyl chloride (PVC) is expected to witness a double digit growth rate in the coming years. Some of the major drivers contributing the overall market growth of Polyvinyl chloride (PVC) market include high growth in the building and construction sector, high growth in the automobile industry and growing medical devices.

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Some of the major restraints for PVC market include increasing competition from steel and concrete pipes and prohibited use of PVC in the construction of green building. Some of the major companies operating in the PVC market include Occidental Petroleum Corporation, Solvay S.A., Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Ineos Chlorvinyls Ltd, Xinjiang Zhongtai Chemical Co. Ltd., Mexichem S.A.B., KEM one and Axiall Corporation.

Key points covered in the report

Report segments the market on the basis of types, application, products, technology, etc (as applicable)

• The report covers geographic segmentation
  • North America
  • Europe
  • Asia
  • RoW
• The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
• The report provides company profiles of some of the leading companies operating in the market
• The report also provides porters five forces analysis of the market.

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Global Waterproofing Chemicals 2022 Industry Trends, Sales, Supply, Demand, Analysis & Forecast to 2031

 Waterproofing Chemicals Market 2022

The global Waterproofing chemicals Market to grow based on streamlining of the chemical vertical at a CAGR of 4.3%, reaching US$ 13,200 Mn. The vertical is emphasizing on regulation and sustainability of trade, which are expected to have material impact in the forecast period. Decarbonization would be another aspect that would witness acceleration going forward. The period would also see an influx of renewable polymers. This would be the scene with chemical vertical.

Waterproofing chemicals are largely used in the construction sector and a steady growth in this sector has boosted the growth prospects of the global waterproofing chemicals market. Waterproofing chemicals are mainly used in protecting buildings from leakage and seepage that is caused to due to the ingress of water and moisture. As the pace of industrialization and urbanization is increasing the world over, there is a boost to the construction sector as well, thereby contributing to the positive growth of the global waterproofing chemicals market.

Waterproofing Chemicals Market Segmented By Bitumen, PVC, EPDM, TPO, PTFE, Silicone in Construction, Infrastructure, Automotive, Textile Industry with Membrane, Liquid, Cementious Technology

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Moreover, a rise in the labor wages and cost of raw materials is also acting positively on the global waterproofing chemicals market. On the other hand, as infrastructure building activities are rising rapidly in the world, the construction of tunnels, bridges, roads, etc. is also increasing. This is also likely to positively impact the global waterproofing chemicals market.

A new report published by Persistence Market Research titled ‘Waterproofing Chemicals Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ studies the performance of the global waterproofing chemicals market over a nine year assessment period starting from the year 2017 and ending in the year 2026. The report presents the value forecast of the global waterproofing chemicals market and provides key insights into the different factors driving market growth as well as the factors restricting market growth. The report on global waterproofing chemicals market also provides insights on the various opportunities and trends that are shaping up this market. As per the projections presented by Persistence Market Research, the global waterproofing chemicals market was estimated to be valued at nearly US$ 9,000 Mn at the end of the year 2017 and is expected to reach a value of nearly US$ 13,200 Mn by 2026, exhibiting a CAGR of 4.3% during the period of assessment.

PTFE Sub-segment is the Largest Product Type by Value

The PTFE sub-segment in the product type category of the global waterproofing chemicals market is the largest segment by value and is slated to display a CAGR of 4.4% during the period of forecast. The PTFE segment is projected to reach a market worth of nearly US$ 3,600 Mn at the end of the period of forecast in the year 2026.

Construction End Use Segment to Lead in Terms of Value

The construction sub-segment in the end use industry category of the global waterproofing chemicals market is anticipated to display a CAGR of 4.2% during the period of forecast. The construction sub-segment was estimated to be valued at nearly US$ 3,400 Mn in the year 2017.

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Liquid Sub-segment by Technology Poised to Exhibit the Fastest Growth Rate During the Forecast Period

The liquid sub-segment in the technology category of the global waterproofing chemicals market is slated to exhibit the fastest CAGR of 5.1% during the period of forecast. This segment is estimated to reach a market valuation of nearly US$ 2,100 Mn by the end of the year 2026.

APEJ to Remain Dominant Regional Market for Waterproofing Chemicals

The APEJ region is the dominant region in the global waterproofing chemicals market and is anticipated to display a CAGR of 4.7% during the period of forecast. The APEJ region is likely to reach a value of nearly US$ 4,500 Mn by the end of the assessment period in the year 2026.

Global Waterproofing Chemicals Market: Competition Tracking

In the competition landscape section of the global waterproofing chemicals market report, the important players functioning in this market have been profiled. Some of the key companies that have been featured in this report include

• Pidilite Industries Limited,
• W.R. Grace and Company,
• DowDuPont Inc.,
• BASF SE, H.B. Fuller,
• Wacker Chemie AG,
• RPM International,
• Evonik Industries AG,
• Akzo Nobel NV and Sika AG.

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Global Wax Market Trends, Active Key Players and Growth Projection Up to 2031

 Wax Market 2022

The report by Persistence Market Research expects the global wax market to witness sluggish growth. It is also anticipated to register CAGR of 2.9% during the forecast period between 2017 and 2026. The global wax market is also expected to bring in US$ 11,017.7 million revenue towards the end of 2026.

There are different types of waxes being used for various applications. For instance, the fossil-based wax is being largely used for making candles, coatings and polishing, and in packaging. Meanwhile, paraffin wax which is derived from various processes of crude oil refining is being used in beauty and cosmetic care industry as it is safe to use. However, the demand for paraffin wax is declining as the demand for bio-based wax is growing, especially in the various countries in Asia-Pacific. The fully refined waxes are also widely used for candle making and as wax coatings for paper, film and foil substrates used in the packaging.  The global wax market has also become highly volatile in the recent years owing to the price volatility of crude oil.

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Increasing Application of Wax in Various Industries to Impact the Market Growth

Strengthening economy in the developed nations is supporting the manufacturing sector. Hence, the industrial wax is witnessing a rise in demand for adhesives, inks and coatings, and plastic and rubber processing. Meanwhile, these processing mostly uses cost-effective wax. The wax is expected to witness strong demand in the manufacturing sector and in construction activity. However, owing to the closure of some wax producing plants in North America and Europe is resulting in the decline in the wax market. Meanwhile, the demand for vegetable and synthetic wax has increased. Moreover, it is also becoming inevitable for wax producing companies to shift from petroleum wax to natural vegetable and synthetic wax. These companies are therefore adopting innovative technologies in their production facilities.

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Global Wax Market: Segment-Wise Analysis

• The global wax market is segmented into the industry, application, product type, and region. Based on the product type, paraffin wax is expected to emerge as the largest product in the market. By the end of 2026, paraffin wax is estimated to surpass US$ 3,700 million revenue.
• Based on the industry, plastic & rubber industry is expected to witness the highest growth during the forecast period 2017-2026. By the end of 2026, plastic & rubber industry is estimated to bring in more than US$ 2,400 million revenue.
• Based on the application, the global wax market is segmented into rheology/surface applications, candles, polish, rubber, cosmetics, hot-melt adhesive, soap wax, and other. Among these, candles are expected to emerge as the largest application segment in the wax market. Candles are estimated to create an incremental opportunity of more than US$ 900 million between 2017 and 2026.
• Geographically, the global wax market is segmented into Latin America, Europe, North America, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). Among these, APEJ is expected to emerge as the most attractive market in the global wax market during the forecast period 2017-2026.

Global Wax Market: Competitive Analysis

The report provides a detailed profile of various companies operating in the global wax market. Some of the leading players in the market are Exxon Mobil Corporation, Royal Dutch Shell plc., BP plc., Akzo Nobel NV, The Lubrizol Corporation, Honeywell International Inc., Cargill, Inc., Archer Daniels Midland Company, BASF SE, and Evonik Industries AG. The leading players are entering into a partnership and merger and acquisition to expand their reach and improve market share.

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Recycled Plastics 2022 Global Market Analysis, Company Profiles and Industrial Overview Research Report Forecasting to 2031

 Recycled Plastics Market 2022

Recycling of plastic is broadly defined as collecting waste plastic scraps that are recyclable, processing it with various technologies, and finally treating it with chemicals and additives to produce a newer plastic. The improved quality of recycled plastic products over their virgin counterparts, the push from different companies, and strict governmental regulations are the main drivers of the recycled plastic market. Persistence Market Research in its upcoming report titled ‘Recycled Plastic Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’, projects the recycled plastic market to be worth just over US$ 30 billion by 2025.

Resin Type – PET and HDPE Segment Critical in Recycled Plastic Market

The polyethylene terephthalate and high density polyethylene resin types had a market share approaching 2/3rd of the recycled plastic market and should gain 180 and 40 BPS respectively, largely at the expense of other resin types. Polyethylene terephthalate is popular primarily on account of its low price and versatility. Similarly, a large portion of the plastic scrap generated including margarine tubes, grocery bags, and detergent bottles contain HDPE resins.

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Application – Packaging Industry Demands Great Deal of Recycled Plastic

The packaging industry is anticipated to hold the maximum share in the recycled plastic market by application type in terms of both value and volume. There is heavy demand for recycled plastic in the packaging industry because most waste scrap is generated by the packaging sector and then recycled to manufacture PET containers, bottles, carpet fibers, and clothes. The packaging industry is predicted to record a CAGR of 4.8% throughout the forecast period. Companies such as Nestle and Coca Cola have begun to use recycled plastic bottles for packing beverages and they have pledged to use more recycled plastic content in their beverage bottles instead of virgin plastic.

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Source Type – Plastic Bottles to Exhibit High Growth in Recycled Plastic Market

Plastic bottles are on track to witness a CAGR of 4.8% from 2017 to 2025 and should exceed 17,000 KT by the end of the eight-year study, making it imperative for key stakeholders in the recycled plastic market to target.

Region – Focus on APEJ in Recycled Plastic Market

APEJ is estimated to fuel the volume gains in the recycled plastic market over the forecast period with a total incremental opportunity of just under US$ 3.3 billion being attributed to this populous continent. The consumption of recycled plastic products is concentrated in APEJ particularly in the construction and packaging sectors. In China, the raw material availability is very less leading to increased consumption of recycled plastic.

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Competition Dashboard in the Recycled Plastic Market

Prominent companies actively involved in the recycled plastic market have been profiled in the report. The companies are B.SCHOENBERG & CO., REPLAS, Advanced Environmental Recycling Technologies, Clear Path Recycling, Wellman Advanced Materials, Reprocessed Plastic, PLASgran Ltd., Custom Polymers, CarbonLITE Industries, Luxus Ltd, Butler-MacDonald, KW Plastic, wTe Corporation, Envision Plastic Industries LLC, Kuusakoski, and Shanghai PRET.

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Global Hydrogen Market 2022 Industry Overview, Share, Trend, Segmentation and Forecast to 2031

 Hydrogen Market 2022

The global hydrogen market has been witnessing unprecedented political and business momentum, owing to rapidly increasing number of policies and projects across the world. Hydrogen has the potential to aid variable renewable energy output, such as solar photovoltaic. Hydrogen is one of the renewable energy storage options that can act as a cost-effective mean of storing large amounts of electricity for a long duration. Hydrogen and hydrogen-based fuels can transport energy for long distances from renewable sources. Further acceleration of efforts is critical for ensuring significant growth of the hydrogen market for energy systems over the stipulated era.

Most environmental solutions necessitate the utilization of hydrogen, and are projected to further boost market growth. The hydrogen market is projected to exhibit a healthy CAGR of around 6% over the forecast period of 2019-2029.

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Key Takeaways – Global Hydrogen

• The cost of supplying hydrogen from renewables is anticipated to foresee a drop over the forecast period, while the urgency of eliminating greenhouse gas emissions is increasing manifold. Many countries have started taking concrete action to decarbonize their economies.
• The hydrogen market has evolved over the recent years, with shifting applications from the automotive industry to sectors that are difficult to decarbonize, such as energy-intensive industries, transportation, aviation, shipping, and heating.
• Hydrogen has developed vital synergies with renewable energies over time. The hydrogen market has substantially enhanced the growth potential of renewable solutions in diverse industries. Electrolysers can add flexibility to the demand side, as they integrate variable renewable energy (VRE) into energy systems.
• Renewable hydrogen is technically viable today, and is fast approaching competitiveness in the economy. Rising interest in this supply option is driven by falling renewable energy costs and rising shares of variable renewable power supply.
• The potential of hydrogen is not solely limited to generating electricity. Hydrogen can provide energy through combustion too. In space applications, this is already the case, where it is used to propel rockets. Hydrogen could similarly be used to produce synthetic gas, which could allow more efficient fuels than the ones currently in existence.
• All these factors are projected to lead to the growth of the hydrogen market over the coming decade.

Hydrogen Market: Competition Overview

The hydrogen market has become increasingly competitive, as manufacturers are launching advanced products that offer various operational benefits, and at the same time complying with existing regulations in the market. Key players involved in the hydrogen market are Air Liquide S.A., The Linde Group, Air Products and Chemicals Inc., Iwatani Corporation, Showa Denko K.K., Messer Group GmbH, and Teledyne Technologies Inc., among others.

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Long-term Outlook Hydrogen Market

The hydrogen market holds mechanisms to decarbonize a range of sectors, which includes intensive and long-haul transportation, chemicals, and iron and steel. These sectors, in particular, are proven to be difficult in case of significant emission reductions, and hence, hydrogen could contribute to improving air quality and energy security. In addition, the flexibility of power systems can also be enhanced. Carbon dioxide emission limits from burning of hydrocarbon fuels have been revised by various countries and regions around the world. With the enforcement of more stringent rules, there is a need to produce cleaner fuels that meet various emission regulations.

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Persistence Market Research has published a market research report on the hydrogen market that contains global industry analysis of 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the hydrogen market through four different segments – delivery mode, production method, end use, and region. The hydrogen market report also provides demand and supply trends, with a detailed overview of the parent market.

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Wool Market 2022 Global Trends, Growth, Opportunities and Forecast to 2031

 Wool Market 2022

A new wool market research report published by the Persistence Market Research (PMR) about the global wool market during 2014-2018 and forecast for 2019-2029 provides important insights about the dynamics, trends, volume, and value. According to the study, in 2018, the value of global wool market was approximately US$ 33.8 Bn. This value is expected to grow over the forecast period (2019-2029) to reach nearly US$ 49 Bn by 2029-end.

The CAGR at which the market is likely to grow is ~3%. This significant growth in the global wool market can be attributed to several factors that are contributing to the growth of the global wool market. One of the key factors driving the wool market is the increasing disposable income of consumers across various geographies, which has significantly boosted the spending capacity of consumers on apparels and interior textiles.

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Amidst Waning Demand, East Asian Countries Offer Bright Opportunities

China is one of the prominent regions in terms of the growth of the textile industry. Growth in the overall production as well as the export of textiles in China has been significant over the past few years. Hence, a prominent share of the global wool market volume is consumed from the textile producers located in China. The wool consumption is comparable in all the end uses of wool, which include the production of apparels, interior textiles, and floorings. Furthermore, other favorable conditions, such as economical textile production, the availability of raw material, and significant growth of the manufacturing sector in China, are expected to boost the consumption of wool from textile industries. Thus, East Asia, with a significant contribution from China, is expected to provide attractive opportunities for the growth of the global wool market.

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Consumers Continue to Show a Marked Preference for Fine Wool, Apparels Remains the Most Lucrative Category

The global wool market has been segmented based on the wool type, applications, and seven geographical regions.

• The demand for wool is expected to increase as a result of rapid urbanization, growing middle-class population, and increasing sustainability. With growing economic prosperity and increasing purchasing power, consumers are moving toward the use of products that used to be unaffordable. This has, in turn, resulted in an increase in the demand for consumer products such as apparels and accessories. To cater to this demand, growth in the production of apparels has been significant. Apparels is one of the key applications of wool, which holds a notable share of the global wool market volume. Therefore, the growing production of apparels is expected to increase the demand for wool, which is expected to drive the growth of the global wool market.
• Growth in the demand for wool from apparels is further boosted by the increasing retail sales of clothing across different geographies. Growth in the retail sales of clothing has been substantial over the past few years owing to the changing lifestyles of consumers. Aggressive marketing strategies are being adopted by the clothing industry participants, which have boosted the popularity of woolen athleisure among the young population
• For better quality and optimized apparel production, fine wool is significantly preferred by textile industrialists. This factor has resulted in the prominent consumption of fine wool among the other types of wool. Therefore, fine wool is expected to witness lucrative growth in the global wool market.

Increasing Adoption of Natural Clothing in Developed Regions Witnessed

In regions such as North America and Europe, consumer awareness about clothing fibers has increased. Consumers are now more concerned about the adoption of apparels made from natural fibers. This factor has significantly increased the sales of textile products made of wool.

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Agrochemicals Market by Size, Growth, Trends and Forecast – 2031

Agrochemicals Market 2022

Agrochemicals Market Segmented By Nitrogen Based, Potassium Based, Phosphorous based Fertilizers and Insecticides, Fungicides, Herbicides, Bactericides Based Pesticides in Paints and Coatings, Pesticides, Chemicals, Gasoline, Printing, Rubber and Leather Form

Agrochemicals are substances that help in the management of agricultural ecosystems and micro-organisms in the farming area. The use of Agrochemicals is critical to raising crop yield. Agrochemicals include various substances, such as fertilizers, pesticides, liming & acidifying agents, soil conditioners, etc. Fertilizers are substances that are added to agricultural lands to encourage the growth of plants and to increase crop yield. They are manufactured using synthetic chemicals or organic living materials.

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Most of the fertilizers use Potassium, Nitrogen and Phosphate as essential ingredients. Pesticides are substances that are used to treat pests or other parasitic organisms that may be harmful to crops. Many different types of pesticides, such as fungicides, herbicides, insecticides, bactericides and others, are used in agricultural farms. Soil conditioners are substances that are added to the soil to increase its ability to hold oxygen and water.

Materials used as soil conditioners includes sewage sludge, peat, shaded newspapers and others. Agrochemicals hold an important place in the agriculture industry and thus, the global market for Agrochemicals is projected to register healthy growth during the forecast period and reach a market value of US$ 281.93 Bn by the end of the forecast period.

On the basis of product type, Agrochemicals can be classified into fertilizers, pesticides and others. The Pesticides segment will dominate the Agrochemical market in terms of global market value share and is estimated to account for 74.3% of the total incremental $ opportunity created by the end of the forecast period.

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Agrochemicals are used for several applications in the agriculture industry. For instance, agrichemicals are used to enhance crop yield in less cultivable lands. They help maintain the fertility of soil and enrich the crop ecosystem. Liquid Agrochemicals are used as pesticides for pest control. Different types of pesticides have different applications. For instance, fungicides and bactericides are used to kill bacteria and fungi in various types of crops. The solid form will lead the global Agrochemicals market and is projected to create incremental $ opportunity worth US$ 72.06 Mn by the end of the forecast period.

In 2018, Asia Pacific proved to be one of the most lucrative regions in the global Agrochemicals market and is estimated to have accounted for approximately 63.6% share in the global incremental dollar opportunity created in the Agrochemicals market. Asia Pacific continues to be a dominant market for Agrochemicals and significant growth is being observed in the region owing to rising demand for fertilizers and pesticides to induce higher crop production in the region.

Moreover, rising consumption of Agrochemicals in Latin America and Europe owing to the expanding agriculture industry in these regions is also expected to drive the growth of the global Agrochemicals market. Middle East & Africa and North America regions are estimated to register healthy growth over the forecast period.

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BASF SE, Bayer AG, DowDuPont, FMC Corporation, DuSolo Fertilizers, Yara International ASA, Israel Chemicals Limited (ICL), The Mosaic Company, WinHarvest Pty Ltd, Syngenta AG, Nutrient Ltd., PhosAgro, Saudi Arabia Fertilizer Company (SAFCO), OCI N.V., S.A OCP, Jordan Abyad Fertilizers and Chemicals Company, K+S KALI GmbH and Heringer are some of the key market participants in the global market.

Long-term Outlook Agrochemicals Market: In terms of market value, the global Agrochemicals market is projected to create incremental $ opportunity worth US$ 90.31 Bn over the forecast period. India is projected to register significant growth in the Agrochemicals market. This country will grow at a CAGR of 6.9% during the forecast period.

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Cross Laminated Timber Market 2022- Growth Drivers, Opportunities and Forecast Analysis to forecast year 2031

 Cross Laminated Timber Market 2022

According to Persistence Market Research (PMR), the Global Cross Laminated Timber Market size will surpass US$ 903.9 Million in terms of market value by 2026, growing steadily at a CAGR of 6.3% from 2022 to 2026.  The rising demand from the residential sector, as well as the high adaptability of cross-laminated timber in flexible designs and fashionable architecture, are major drivers driving the market. Cross-laminated timber is a structured wood panel manufactured by gluing layers of solid-sawn lumber that are symmetrically aligned perpendicular to adjacent layers and utilized as load-bearing parts for construction frames such as walls, floors, and roofs. Cross-laminated timber is also utilized for exterior cladding and interior lining. The residential sector dominates the market and is likely to grow over the forecast period due to the rising demand for wooden constructions due to its adaptability to stylish architecture.

Europe holds the majority of the global market share. The use of cross-laminated timber is expanding in the region because of the growing construction sector in nations such as the United Kingdom, Germany, Italy, and France.

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Europe also has the highest concentration of cross-laminated timber manufacturers. The growing number of new houses built with timber frames is contributing significantly to the region’s market growth. The demand for cross-laminated timber has been rapidly expanding due to the optimum use of cross-laminated timber, which minimizes building costs, time, and risk during earthquakes. In addition, more than 50,000 affordable houses will be built in Greater Manchester by 2038 as part of new plans to address the region’s “housing crisis,” offering a significant opportunity for the Cross Laminated Timber Market.

Competitive Landscape

The key players are making massive investments in research regarding development of cross laminated timber of various applications and grades. As of now, research pertaining to developing Xlam from the lumber (obtained from bamboo), followed by improvement in performance against acoustic variation and temperature fluctuations is “ON”.

Stora Enso, in November 2020, obtained approval for producing as well as delivering cross laminated timber panels across the US, but not without complying with North American CLT standard for performance-rated cross laminated timber – ANSI/APA PRG 320-2019. Certain amendments were made in the year 2021, as per which construction up to 18 storeys is allowed. This has certainly opened doors for mid-rise building/construction sector.

Mayr Melnhof Holz Holding AG, in January 2021, did announce investing close to US$ 145 Mn for building a modern cross laminated timber (CLT) manufacturing plant in Austria (at Leoben) to strengthen its position in the market of Europe.

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PMR has presented a comprehensive report based on Cross Laminated Timber Market as per Type (Mechanically Fastened, and Adhesive-Bonded), End-use (Residential, Commercial & Institutional, and Industrial), Application (Walls, Ceilings, Roof Structures, and Beams) based on seven regions.

Companies

• Store Enso Oyo
• Binderholz GmbH
• Mayr-Melnhof Holz Holding AG
• KLH Massivholz GmbH
• HASSLACHER Holding GmbH
• Structurlam Mass Timber Corporation
• Eugen Decker Holzindustrie KG
• Züblin AG
• Schilliger Holz AG
• u. J. Derix GmbH & Co.
• Weinberger-holz gmbh

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Total Carbon Analyzer Market 2022 Global Key Vendors Analysis, Revenue, Trends & Forecast to 2031

 Total Carbon Analyzer Market 2022

As there are critical applications of ultra-pure water in the microelectronic and pharmaceutical industry, the global market for total carbon analyzers is receiving a huge boost. Highly purified water is essential in the manufacturing processes that are employed in the microelectronics and pharmaceutical industries and hence total carbon analyzers are essential for these industries. These are some of the findings of the latest report being published by Persistence Market Research which is titled as ‘Total Carbon Analyzer Market: Global Industry Analysis and Forecast 2017 – 2026’.

In addition, there are various market dynamics mentioned in this valuable research report which explain in detail the factors that are responsible for boosting the global total carbon analyzer market and also the factors that inhibit the growth of this market. As per the numbers that are available in this report, the global total carbon analyzer market was valued at US$ 913.4 Mn in 2017 and is estimated to reach a worth of US$ 1,840.1 Mn in 2026 end, exhibiting a CAGR of 8.1% during the period of assessment 2017-2026.

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Global Total Carbon Analyzer Market: Dynamics

Manufacturing industries across the majority of sectors have to comply with regulatory standards and guidelines set by government agencies such as the Food and Drug Administration (FDA), US Environment Protection Agency (EPA), and Pharmacopeia of Japan. This, in turn, leads to the adoption of water analytical instruments for evaluating the water quality as well as the quality of other raw material. The majority of industries including wastewater treatment, pharmaceuticals, food and beverages, power and energy, and chemicals uses analytical instruments for monitoring the organic load in a given liquid or solid sample. Total carbon analyzers have a higher penetration among other analytical instruments across the industries for monitoring water for injection, ultra-pure water, process water, boiler feed and makeup water, wastewater/effluent, etc.

In addition, rising concerns about the environment due to high level of pollution in the water as well as soil increases the demand for the analytical instrument in order to reuse the wastewater and prevent natural resources from degradation. This, in turn, increases the demand for total carbon analyzer as it has substantial value and volume share in total analytical equipment market. Total carbon analyzers are used for analyzing the carbon content in the waste water to determine whether the water is reusable or is it safe for the waste water to be disposed in natural resources like river, lakes and oceans.

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Global Total Carbon Analyzer Market: Segmentation and Forecast

The global total carbon analyzer market is segmented on the basis of product type, sample type, end-user, application and region.

• Laboratory total carbon analyzer segment is estimated to account for 66.9% of market value share in 2016 and is expected to decrease to 65.0% share in 2026 and lose a considerable market share in 2026 as compared to 2016.
• Semiconductors segment is estimated to account for a revenue share of 23.9% in 2016 and is expected to increase to 24.1% in 2026 and gain some market share in 2026 as compared to that in 2016.
• In terms of value, the global total carbon analyzer market by TC analyzer for liquid sample segment is estimated to be valued at US$ 440.3 Mn by 2016 and is expected to exhibit a CAGR of 7.3% over the forecast period.
• Institute segment is expected to exhibit a CAGR of 7.6% in terms of volume over 2016–2026. This segment is projected to reach 21,002 units by 2026 from 10,124 units in 2016.
• Western Europe is projected to display a CAGR of 8.1% over the forecast period and account for 28.0% value share of the global total carbon analyzer market by 2026.

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Global Total Carbon Analyzer Market: Competition Landscape

In this research report, the main companies functioning in the total carbon analyzer market have been featured in the competition landscape section. Some of the companies featured in this section include Shimadzu Corporation, Xylem Inc., Hach Company, Inc., Teledyne Analytical Instruments, Analytik Jena AG, Mettler-Toledo International Inc., GE Analytical Instruments, Inc., Skalar Analytical B.V., ELTRA GmbH and UIC, Inc.

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Flat Glass Market Major Manufacturers, Trends, Demand, Share Analysis to 2031

 Flat Glass Market 2022

The demand for flat glass across multiple end-use industries is expected to surge in the coming years. This rise in demand will boost revenue growth of the global flat glass market, which is projected to reach a  of more than US$ 89 Bn by the end of the forecast period in 2025, up from an estimated US$ 58 Bn by 2017 end. This is reflective of a CAGR of 5.5% in terms of value during the eight year forecast period 2017 – 2025. To study the performance of the global flat glass market over this eight year period, Persistence Market Research recently conducted an in-depth study of the global market and published the findings in a new report titled ‘Flat Glass Market: Global Industry Analysis (2012-2016) & Forecast (2017–2025).’ Besides the value and volume projections, the report highlights the factors expected to impact the growth of the global flat glass market during the period 2017 to 2025.

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Global Flat Glass Market: Forecast by Type

On the basis of Type, the global flat glass market is segmented into Annealed Glass, Toughened Glass, Laminated Glass, Coated Glass, Mirrored Glass, Patterned Glass, and Extra Clear Glass. The Toughened Glass segment is expected to hold the highest market share of about 27% by the end of 2025. Annealed Glass and Laminated Glass are expected to remain attractive segments and generate high revenue shares in the upcoming years.

Global Flat Glass Market: Forecast by Manufacturing Process

The global flat glass market is segmented on the basis of Manufacturing Process into Float Glass, Sheet Glass, and Rolled Glass. The Float Glass segment is expected to hold the highest market share of more than 85% throughout the forecast period. This segment is anticipated to gain 140 BPS in market share in 2025 over 2017.

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Global Flat Glass Market: Forecast by Application

On the basis of Application, the global flat glass market is segmented into Building & Construction, Automotive, Electronics, Furniture, Solar Applications, and Others. Building & Construction is expected to witness the highest growth in terms of revenue, with a projected market value of about US$ 63 Bn by the end of the forecast period in 2025.

Global Flat Glass Market: Regional Forecast

Persistence Market Research has studied the performance of the global flat glass market across the key geographies of Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Asia Pacific is expected to observe relatively higher Y-o-Y growth in the coming years. This is also the largest regional market for flat glass, with a projected value share of more than 55% throughout the assessment period. Asia Pacific is estimated to create a total incremental $ opportunity of about US$ 18 Bn between 2017 and 2025. North America and Europe are expected to witness moderate growth and medium market share in the coming years. The Europe flat glass market is anticipated to remain ahead of the regional markets in North America, Middle East & Africa and Latin America in the near future owing to the presence of a large number of automotive OEMs that demand huge quantities of flat glass for various applications.

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Global Flat Glass Market: Vendor Ecosystem

Some of the top players operating in the global flat glass market are profiled in this report. Companies featured in the report include Asahi Glass Co. Ltd., Compagnie de Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Guardian Industries Corp., Central Glass Co., Ltd., China Glass Holdings Limited, ?i?ecam Group, Xinyi Glass Holdings Ltd., Vitro, S.A.B. de C.V., Fuyao Glass Industry Group Co., Ltd., CSG Holding Co., Ltd., Luoyang Glass Company Limited, Schott AG, Taiwan Glass Ind. Corp., Phoenicia Flat Glass Industries Ltd., Obeikan Glass Company, Emerge Glass India Pvt. Ltd., Cardinal Glass Industries, Inc., Euroglas GmbH, and Scheuten Glass Holding B.V.

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