With the advancement in industrial technology, came the need for specialty chemicals like adhesives, anti-oxidants, additives, corrosion inhibitors and so on. We track all these types of specialty chemicals along with their important applications lik ....see more
The global PVC additives market was valued at USD 3.05 Billion in 2016, and is projected to reach USD 4.08 Billion by 2021, at a CAGR of 6.0% during the forecast period. The replacement of conventional materials with PVC and the high demand for additive-based PVC are factors anticipated to drive the growth of the global PVC additives market.
The basic petrochemicals market is projected to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021 at a CAGR of 4.4% from 2016 to 2021. This growth is fueled by the growth in end-use industries such as packaging which comprises of soft drink bottling, water bottling, food packaging and general packaging, along with steady demand from the construction industry, globally.
The global rice husk ash market is projected to reach USD 2.54 Billion by 2021, at a CAGR of 5.4% from 2016 to 2021. The increasing use of rice husk ash in place of silica fume and fly ash in the cement and construction industries, and the high demand of RHA in the Asia-Pacific and Middle East & Africa regions are some of the key opportunities for the rice husk ash industry.
The epoxy curing agents market is projected to reach USD 5.02 Billion by 2022, at a CAGR of 6.84% from 2017 to 2022. The growth of the market can be attributed to the expansion of the construction industry, increasing urban population, and growth of the composite industry. Based on application, the coatings segment is projected to lead the epoxy curing agents market, while the wind energy segment is projected to witness highest growth during the forecast period.
The metal finishing chemicals market is projected to grow from an estimated USD 8.91 Billion in 2016 to USD 11.21 Billion by 2021, at a CAGR of 4.7%. The market is driven by the growing demand for metal finishing chemicals from the automotive industry, as these impart corrosion resistance, wear resistance, electrical conductivity, electrical resistance, reflexivity and appearance, torque tolerance, hardness, and chemical resistance properties for the metal substrate.
The global polyetheramine market is projected to reach USD 1,074.0 Million by 2022, at a CAGR of 9.3% from 2017 to 2022. The growing use of polyetheramine in different applications such as epoxy coatings, composites, polyurea, and adhesives & sealants for construction and wind energy industry is driving the market for polyetheramine. The use of polyetheramine-based composites in the wind energy industry in the last few years has increased owing to its properties.
The global fluorosurfactants market is projected to reach USD 667.4 Million by 2021, at a CAGR of 9.8% from 2016 to 2021. Fluorosurfactants are used in very low concentration to increase the wetting, leveling, and oil repellency in applications such as paints & coatings, waxes, polishes, cleaners, films, and adhesives. Better performance of fluorosurfactants in these applications as compared to other surfactants and the use of short-chain fluorosurfactants in developed economies are driving the fluorosurfactants market globally.
The market size for self-healing materials is projected to reach USD 2,447.7 Million by 2021, at a CAGR of 95.0% during the forecast period. The growth of the market can be attributed to the properties of self-healing materials that yield long-term financial benefits compared to traditional materials. Building & construction is one of the major end-use industries for self-healing materials in emerging as well as developed economies.
The market size of sorbitol is projected to grow from USD 1.09 Billion in 2016 to USD 1.42 Billion by 2021, at a CAGR of 5.3% from 2016 to 2021. Globally, people are diagnosed with diabetes; most of them are reported to be affected with type 2 diabetes. Type 2 diabetes is associated with food consumption habits and obesity.
The global ethoxylates market was valued at USD 10.16 Billion in 2015 and is projected to reach USD 12.37 Billion by 2021, at a CAGR of 3.33% from 2016 to 2021. The growing demand from the household & personal care, and pharmaceutical industries, coupled with shift in consumer lifestyles is expected to drive the global ethoxylates market. Alcohol ethoxylates lead the global ethoxylates market in 2015. Alcohol ethoxylates are also expected to witness the highest CAGR from 2016 to 2021 owing to the high demand from North America and Europe, due to the higher environment-friendliness as compared to other ethoxylates.
The methyl ester ethoxylate market was valued at USD 114.7 Million in 2015 and is projected to reach USD 139.8 Million by 2021, at a CAGR of 3.4% between 2016 and 2021. This growth can be attributed to the rising demand from end-use industries, shift in consumer lifestyles, and increasing demand for ecofriendly surfactants and low-rinse detergents.
The coated paper market is projected to reach USD 7.18 Billion by 2021, at a CAGR of 3.2% from 2016 to 2021. In this study, 2015 has been considered as the base year, and the forecast period is from 2016 to 2021 to estimate the coated paper market. The growing demand for coated paper in Asia-Pacific, Europe, and North America coupled with its increasing demand for packaging and printing applications is expected to drive the coated paper market.
The flexible foam market is projected to grow from USD 35.86 Billion in 2016 to USD 64.14 Billion by 2026, at a CAGR of 5.99% from 2016 to 2026. The market is mainly driven by the growing use of flexible foams in furniture & bedding, automobiles, and packaging applications. In the automobile application, use of flexible foams results in reduced weight of vehicles, while in the packaging application, these foams not only ensure light weight of packages, but also offer cushioning and shock absorption properties.
The global active ingredients market for cosmetics was valued at USD 2.63 Billion in 2015 and is projected to reach USD 4.45 Billion by 2026, at a CAGR of 5.2% from 2016 to 2026. Increasing demand of anti-aging, skin whitening, and sun protection products coupled with the increasing demand for multifunctional ingredients is estimated to drive the market.
The global Epoxidized Soybean Oil (ESBO) market is projected to be valued at USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026. In this study, 2015 has been considered the base year and 2016 to 2026, the forecast period, to estimate the global market of epoxidized soybean oil. The growing demand in the Asia-Pacific, South American, and Middle-Eastern & African regions, coupled with the growing demand for PVC stabilization and UV care applications is expected to drive the ESBO market.
The caprylic/capric triglycerides market is projected to reach USD 913.4 Million by 2026, at a CAGR of 5.9% from 2016 to 2026. The key factor driving the growth of the caprylic/capric triglycerides market is the rising demand for personal care, food & beverages, pharmaceutical, and industrial & other application segments due to increase in population and high consumption. Strong demand and growing use of caprylic/capric triglycerides, especially in food & beverages products are the factors fueling the demand for caprylic/capric triglycerides.
The market for modacrylic fiber is projected to grow from USD 621.9 Million in 2016 to USD 723.7 Million by 2021, at a CAGR of 3.08%. This growth is due to the increasing applications of modacrylic fiber such as, hair fiber, pile (synthetic/fake fur), and protective clothing. Industrial regulations and standardizations regarding the safety of employees, also provide an opportunity for this market to grow.
The global butylated triphenyl phosphate market is projected to reach USD 30.7 million by 2026, at a CAGR of 4.8% from 2016 to 2026. The key factor driving the butylated triphenyl phosphate market is the increasing demand for butylated triphenyl phosphate from the automotive industry. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) correspondent’s survey, 90.78 billion vehicles were produced in 2015.
The global Isobutyl Stearate (IBS) market is projected to reach USD 182.3 Million by 2026, at a CAGR of 4.8% from 2016 to 2026. The Asia-Pacific region is the fastest-growing and the largest market, while Europe is the second largest region in the consumption of isobutyl stearate.
The polyacrylamide market is estimated to reach USD 3.85 Billion by 2021, at a CAGR of 6.8% from 2016 to 2021. The rapid industrialization and growing oil & gas industry in Asia-Pacific and the rising demand for polyacrylamide for enhanced oil recovery are the major factors expected to drive the growth of the polyacrylamide market.
The global electrically conductive adhesives market is projected to reach USD 2.53 Billion by 2021 at a CAGR of 8.48%. It is driven by the increase in use of electronic components in various industries such as aerospace, automotive, and consumer electronics, among others.
The global dyes & pigments market is projected to grow from USD 32.86 Billion in 2016 to USD 42.00 Billion by 2021, at a CAGR of 5.0% between 2016 and 2021. Both, increase in per capita consumption of dyes & pigments in emerging economies and increasing demand for dyes & pigments from varied end-use industries is expected to fuel the growth of the global dyes & pigments market during the forecast period.
The global tris nonylphenyl phosphite (TNPP) market is projected to reach USD 309.8 Million by 2021, at a CAGR of 5.6% from 2016 to 2021. The key factors driving the global tris nonylphenyl phosphite market is the rising demand for phosphite antioxidants from the petrochemical and plastic industries.
The E-series glycol ethers market was valued at USD 1.64 Billion in 2015 and is projected to reach USD 2.13 Billion by 2021, at a CAGR of 4.3% between 2016 and 2021. Major factors driving the growth of the E-series glycol ethers market include high demand for E-series glycol ethers from diverse applications in areas owing to its exceptional properties such as high water solubility, low volatility, and effective strength.
The global market of automotive aftermarket fuel additives (AFA) is estimated to reach USD 1,387.0 Million by 2021 at a CAGR of 7.15% from 2016 to 2021. The main objective of the study is to define, describe, and forecast the automotive aftermarket fuel additives market on the basis of the distribution channel, application, supply mode and region. The report includes detailed information about the major factors (drivers, restraints, opportunities and industry specific challenges) influencing the growth of the market. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market.
The size of crude oil flow improvers market (COFI) is estimated to grow from USD 1.26 Billion in 2015 to USD 1.73 Billion by 2021, at a CAGR of 5.5%. Rise in crude oil production globally and increase in the hydraulic fracturing mainly from unconventional sources is driving the market.
The market size of Southeast Asia waterproofing systems market is estimated to reach USD 5.35 Billion by 2021, at a CAGR of 14.52% during the forecast period. The rising demand for waterproofing is backed by the growing building & construction industry in the region, especially in the developing countries, such as Indonesia, Malaysia, Thailand, Singapore, and Vietnam. Rapid growth in the construction industry made it the largest contributor to the market in Southeast Asia in 2015.
The global market size of nonylphenol ethoxylates (NPEs) is estimated to decline and reach USD 607.5 Million by 2021, in terms of value. The market is segmented based on application and region. Various applications such as industrial & institutional (I&I) cleaning, paints, oilfield chemicals, leather, textiles, and agrochemicals will support the demand of NPEs during the forecast period.
The global precipitated silica market is projected to reach USD 2.23 Billion by 2021, at a CAGR of 9.1% between 2016 and 2021. This growth is mainly attributed to the increasing demand of precipitated silica from the automobile tire industry and rising concerns toward reduction in fuel consumption. Precipitated silica plays a key role in reducing rolling resistance and increasing the wear resistance and traction, which helps in reduced fuel consumption, high durability, and high grip in wet and snowy conditions.
The global market size of coating additives was USD 6.39 Billion in 2015 and is expected to reach USD 9.19 Billion by 2021, registering a CAGR of 6.1% during forecast period. The Asia-Pacific region dominated the coating additives market in terms of both volume and value. The increasing demand from the architecture, automobile, industrial, and wood & furniture industries in China, India, and Japan is driving the coating additives market.
The coating pretreatment market is estimated to reach USD 3.83 Billion by 2021, at a CAGR of over 5.76% between 2016 and 2021. The drivers identified for the coating pretreatment market are growth in application areas, increased demand from end-use industries, and growing demand from developing nations.
The market size of additive masterbatch was USD 2.42 Billion in 2015 and is projected to reach USD 3.40 Billion by 2021, at a CAGR of 6.0% between 2016 and 2021. In this study, 2014 has been considered as the historical year, 2015 as the base year, and 2016–2021 as the forecast period for estimating the market size. The global additive masterbatch market is segmented based on type, carrier resin, end-use industry, and region.
The surfactants EOR market is projected to reach USD 70.9 Million, by 2021, and grow at a CAGR of 3.20%, during the forecast period. As the oil reserves are depleting, the need for increased deeper and horizontal drilling activities in difficult terrains rises. This is expected to influence the market players to undertake EOR techniques, resulting in increased demand for surfactants.
The market size of color masterbatch was USD 3.46 Billion in 2015 and is projected to reach USD 4.75 Billion by 2021, registering a CAGR of 5.6% between 2016 and 2021. In this report, 2015 is considered as the base year and forecast period is between 2016 and 2021. The color masterbatch market is classified on the basis of type, namely, standard color, specialty color, and tailor-made color. Standard colors are used in a wide range of applications due to their mechanical, heat resistance, and weather resistance properties.
The market size of metallocene polyolefin is estimated to grow from USD 7.89 Billion in 2015 to USD 14.05 Billion by 2021, at a CAGR of 10.15%. The market is driven by the rising food and non-food packaging industry developments, increasing demand for injection molding application, and rise in technological advances in product portfolios of metallocene polyolefins.
The market size of high heat foam is estimated to reach USD 11.37 Billion by 2021, at a CAGR of 8.2%, driven by energy efficiency and insulating properties. The market growth is attributed to the increasing demand from developing countries coupled with growing manufacturer’s preference in automotive and industrial applications. The demand for high heat foam from the industrial and automotive application is notable in key countries such as China, India, and Brazil at global level. Emerging technologies are likely to fuel the growth of the foams market in future. Among all regions considered, Asia-Pacific and RoW are estimated to witness high growth in the next five years. In addition, the demand across these regions is reinforced by the emerging markets, namely, China, Brazil, and India.
The global chlorinated polyethylene market is projected to grow from USD 395.4 Million in 2015 to USD 620.2 Million by 2021, at a CAGR of 8.0% between 2016 and 2021. Chlorinated polyethylene is a family of thermoplastics produced by the chlorination of high-density polyethylene. Based on grade, chlorinated polyethylene can be classified into CPE 135A, CPE 135B, and others. In 2015, the CPE 135A grade segment led the global chlorinated polyethylene market, in terms of volume.
The market size of ionic liquids is estimated to reach USD 39.6 Million by 2021, registering a CAGR of 9.2% between 2016 and 2021. The market is driven by rising demand for ionic liquids owing to their unique properties along with development and commercialization of ionic liquid applications. The ionic liquids find potential applications in solvents & catalysts, process & operating fluids, plastics, batteries & electrochemistry, and bio-refineries.
The waterproofing chemicals market is projected to reach USD 30.88 Billion by 2021, at a CAGR of 12.1%. The market is driven by the increase in governmental policies boosting infrastructure growth, improving economics and quality of construction and high demand in developing nations. However, the mature markets of Europe and North America are projected to witness slow growth during the forecast period between 2016 and 2021.
The Africa automotive lubricants market is projected to be worth 763,781.6 kilo liters by 2020, registering a CAGR of 3.5% between 2015 and 2020. This report provides an in-depth analysis on Africa’s automotive lubricants market for seven major countries, namely, Egypt, Nigeria, South Africa, Tanzania, Tunisia, Kenya, and Morocco. The analysis includes market size, sales channel, company market share, brand awareness, marketing/promotion channel, and customer preference.
The global optical brighteners market size is estimated to reach USD 1.05 Billion by 2020 at a CAGR of 9.6% between 2015 and 2020. The report segments the market by application into paper, fabrics, detergents & soaps, synthetics & plastics, and others, by end-users into consumer products, security & safety, textiles & apparel, packaging, and by region into Asia-Pacific, North America, Europe, and RoW. Base year considered for the study is 2014, while the forecast period is between 2015 and 2020.
The market size of packaging additives (functional additives and barrier coatings) is projected to reach USD 4.90 Billion by 2020, at a CAGR of 5.5% between 2015 and 2020. The increased use of packaging material, especially in Asia-Pacific, owing to the changing lifestyle, higher population, and rapid urbanization is one of the key factors driving the market.
The global high temperature grease market is projected to be worth USD 26.49 Billion by 2021, registering a CAGR of 5.3% between 2016 and 2021. The rapid growth in the industrial sector in Asia-Pacific is a key factor driving the high temperature grease market. More than 70% of high temperature grease was consumed by the industrial application segment in 2015. Also, the rapid growth of the automotive industry in Asia-Pacific is one of the factors driving the market.
The global oilfield scale inhibitor market was valued at USD 509.4 Million in 2014 and is expected to reach USD 697.5 Million by 2020, at a CAGR of 5.40% from 2015 to 2020. Increasing demand from the oil & gas industry, wide availability of scale inhibitors, and increasing demand for biodegradable and eco-friendly scale inhibitors are driving the market for oilfield scale inhibitor.
The industrial catalyst market size, in terms of value, is projected to reach USD 22 Billion by 2020, at a CAGR of 4.2%, between 2015 and 2020. The industrial catalyst market, in terms of volume, is projected to reach 6,420.6 kilotons, by 2020, at a CAGR of 3.8%, during the forecast period. The increasing applications, growing manufacturing industries, increasing R&D activities, continuous expansion, and merger & acquisition activities undertaken by companies are key factors responsible for the growth of the industrial catalyst market.
The global antiscalant market size, in terms of value, is projected to reach USD 2.98 Billion by 2020, registering a CAGR of 4.73% between 2015 and 2020. In terms of volume, the market size is projected to reach 1,220.0 KT by 2020, registering a CAGR of 3.70% during the forecast period. The increasing demand of antiscalants from end-use industries such as oil & gas, power, mining, and water treatment due to its superior properties and cost savings is the major driver of this market.
The metalworking fluids market was estimated to be worth USD 8.30 Billion in 2014 and is projected to reach USD 9.74 Billion, by 2020, at a CAGR of 3.2% between 2015 and 2020. In this report, 2014 is considered as the base year and forecast period is between 2015 and 2020. The metalworking fluids market has been segmented on the basis of product type, end-use industry, and region. Removal fluid is expected to play a key role in fuelling the growth of the overall metalworking fluids market owing to its use as a coolant across the manufacturing industry. The removal fluids are used for maintaining optimum temperature and the removal of unwanted metal chips during the grinding, drilling, and other processes.
The global silicone oil market was valued at USD 1.78 Billion in 2014 and is expected to reach USD 2.41 Billion by 2020, at a CAGR of 4.85% from 2015 to 2020. Increasing demand from end-use industries such as personal care and automotive, increasing demand from emerging economies such as China, India, Brazil, and favorable properties of silicone oil are some of the drivers for the growth of this market.
The market for emollient esters, along with their end products, has witnessed modest growth in the past few years due to the growth of personal care industry. New product developments and increasing investments in research and development of green emollients are expected to drive the growth of this market. Increasing demand for natural skin care products have triggered new research opportunities for green emollient esters. The global emollient esters market is estimated to reach USD 226.1 Million by 2020, and is expected to grow at a CAGR of 5.4% from 2015 to 2020.
The global functional fluids market is projected to be worth USD 42.2 Billion by 2020, registering a CAGR of 4.5% between 2015 and 2020. The growth of market is primarily driven by the processing industries for manufacturing the finished goods. The massive industrial growth in Asia-Pacific and Africa drive the functional fluid market. Moreover, strong OEM recommendation to use high-performance functional fluids coupled with the stringent emission control regulations in these regions is also driving the demand for function fluids.