Global Ammonium Metavanadate Market Research Report: Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2026

Ocean View, DE -- (SBWIRE) -- 07/06/2020 -- Global powder form market should surpass USD 65 million by 2025 pertaining to growing demand for catalysts to reduce production costs & environmental emissions in electrical & electronics and automotive sectors. Ammonium metavanadate finds widespread usage as a catalyst owing to its ability to improve yield, cost effectiveness and ability to conduct chemical reactions at room temperature. Significant expansion of chemical industry owing to growing demand for plastics and rubber should further stimulate the demand for catalysts and boost market growth.

Global ammonium metavanadate market demand from paints, inks & dyes should register over 6% gains by 2025 on account of rising demand for textile products pertaining to changing consumer preferences and rising disposable income. The product plays a vital role as a drying agent in the production of dyes and pigments which enhances their drying rate. Growing adoption of digital printing technology should drive the requirement for dyes & printing inks and trigger market growth.

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Company profiled in the Ammonium metavanadate market report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. American Elements
2. Merck KGaA
3. Thermo Fisher Scientific
4. Santa Cruz Biotechnology
5. Yogi Dye Chem Industries
6. ACS Chemicals
7. Avanschem
8. Motiv Metals
9. GfE Gesellschaft fuer Elektrometallurgie
10. Sisco Research Laboratories and Strem Chemicals.

Merck, American Elements, Strem Chemicals, ACS Chemicals, Thermo Fisher Scientific and Motiv Metals are among the major industry participants. The industry participants are engaged in strategic acquisitions to expand their product portfolio and achieve market growth.

Europe ammonium vanadate market led by UK, France and Germany should surpass USD 24.5 million owing to growing demand for glass as a packaging material from the regional beverage sector. The product improves the functionality of glass by imparting UV & infrared resistance and yellow coloration. Growing consumer awareness regarding the sustainable nature of packaging glass and growing adoption of solar products to promote energy efficiency should further promote market growth.

Booming construction sector globally owing to urban population growth & industrialization will boost the requirement for ceramic tiles & sanitaryware, thus accelerating ammonium metavanadate market growth. The product finds widespread usage as a raw material for producing ceramic glazes and colorants. Substantial economic growth, favorable government policies to boost infrastructure sector and significant investment in telecommunication facilities should drive product adoption in ceramic industry.

Regional Growth Drivers are
1. North America: Increasing adoption of rechargeable sodium-ion batteries pertaining to rising preference for energy efficiency
2. Europe: Booming glass industry
3. Asia Pacific: Growing demand for vanadium pentoxide from steel industry and increasing ceramics adoption in construction sector

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On the basis of material type, waterproofing admixture market share is segmented into hydrophobic or water-repellent materials, crystalline materials, and others, which includes supplementary cementitious materials (SCMs) and chemically active fillers.

Ocean View, DE -- (SBWIRE) -- 07/06/2020 -- Global Market Insights, Inc., announces an ongoing comprehensive report on the "Waterproofing Admixture Market".

This report provides an exhaustive account of the industry including:

- Waterproofing admixture market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
- Major waterproofing admixture industry trends, technology evolution, economic indicators and business challenges
- Regulatory and geopolitical trends impacting the industry
- Business drivers and pitfalls impacting key regional markets
- Competitive landscape of the industry and detailed profiles on the major companies

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Growing focus on the development of sustainable infrastructure in recent years has propelled the need for advanced and innovative construction materials. Water admixtures are such materials which have gained enormous popularity over the past several years. These admixtures enhance the durability of the structure and help cut maintenance costs. The main aim of waterproofing admixtures is to make concrete water repellent. The need for sustainable and durable infrastructure due to rapid growth in urbanization is likely to boost the material demand in the upcoming years.

On the basis of material type, waterproofing admixture market share is segmented into hydrophobic or water-repellent materials, crystalline materials, and others, which includes supplementary cementitious materials (SCMs) and chemically active fillers. SCMs are slated to experience a strong demand in the near future.

Supplementary cementing materials include fly ashes, silica fume, and slag cement, among other materials. These materials enhance the hardness of concrete through hydraulic or pozzolanic activity. These materials can be used individually with cement or in different combinations and proportions. The addition of SCMs to concrete makes concrete mixtures more durable and economical and less permeable.

Waterproofing admixtures find widespread use in residential, commercial, as well as industrial applications such as sewage and water treatment plants, tanks, water reservoirs, tunnel and subway systems, balconies, and swimming pools. These admixtures are anticipated to witness a significant demand in the construction of tunnel and subway systems. Subways have become one of the most common and preferred mode of commute for people.

Rapidly growing urban population worldwide will certainly increase the need for new metro and subway systems and the expansion of existing ones. The ongoing COVID-19 crisis has caused a major delay in numerous construction projects throughout the world. However, several regions are taking advantage of the crisis situation to advance their construction plans. For instance, in April 2020, the Beverly Hills City Council had approved expedition of the Metro Purple Line subway construction to take advantage of the reduced traffic due to the coronavirus outbreak.

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The ongoing Jubail II industrial city project is a 22-year-long project that is slated to be finished in 2024. It will include an 800,000-cubic-meter desalination plant, about 100 industrial plants, an oil refinery producing up to 350,000 barrels per day, and miles of roads, highways, and railways.

Some of the major suppliers of waterproofing admixture market mentioned in the report include BASF SE, Evonik Industries, DOW Corning Corporation, Schomburg International, GCP Applied Technologies Inc, Xypex Chemical Corporation, CEMEX S.A.B. de C.V., Mapei S.P.A., RPM International Inc., Sika AG, W.R. Grace & Co., Kryton International Inc., Hycrete, Inc., Pidilite Industries, and Wacker Chemi AG.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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In terms of the regional outlook, Latin America smart polymers market size will experience notable growth through 2026

Ocean View, DE -- (SBWIRE) -- 07/06/2020 -- Smart polymers market share can be bifurcated into physical stimuli based polymers, biological & biochemical stimuli based polymers, and chemical stimuli polymers. Chemical stimuli based smart polymers are anticipated to witness a significant demand in the upcoming years. These polymers generally respond to pH or ionic strength of chemicals.

In biomedicine and biotechnology applications, pH sensitive smart polymers are prominently used in glucose sensors, modified drug delivery systems, and sustained drug release systems. Given the massive global prevalence of numerous chronic diseases worldwide, a large ageing population, and a well-established biotechnology infrastructure in developed regions is likely to boost the product penetration.

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Owing to robust advances in material science and polymer technology, smart polymers, or stimuli responsive polymers, are increasingly becoming attractive for biomedical and biotechnology applications. Smart polymers undergo noticeable and reversible physical or chemical change in response to minute changes in environmental conditions such as temperature, light, pH, phase transition and dual-stimuli.

Over the past decade, stimuli responsive polymers have gained considerable traction in the development of novel drug delivery systems. Smart polymers serve as a promising means for gene therapy, enhanced drug delivery, targeted drug delivery, protein folders, and actuator stimuli.

In terms of the regional outlook, Latin America smart polymers market size will experience notable growth through 2026. Due to the prevalence of numerous diseases in the region, governments in LATAM countries have invested significantly in bioscience and biotechnology, while opening up opportunities for global players to expand in the region. The number of new cancer cases in Brazil during 2018-19 was estimated to be nearly 600,000. These trends and the growing need for novel drug solutions is likely to foster the regional prospects.

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A few notable smart polymers market manufacturers mentioned in the report include BASF SE, Advanced Polymer Materials Inc., The Dow Chemical Company, Autonomic Materials Inc., Lubrizol Corporation, Covestro AG, Sigma-Aldrich Corporation and Huntsman, Advanced Biopolymers AS, FMC Corporation, AkzoNobel, Acros Organics, and Nexgenia Corporation, among others.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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The South Korea AWP rental market may likely surpass a valuation of $350 million through 2025.

Selbyville, DE -- (SBWIRE) -- 07/06/2020 -- Growing emphasis on inspecting the structural integrity of local infrastructure is likely to push South Korea AWP rental market growth through 2025. Rise in maintenance activities across large residential areas is likely to boost equipment deployment. For the record, South Korea is observing an upsurge in reconstruction activities due to various natural disasters such as winter storms, landslides, tsunamis, and floods.

Recover from these disasters along with growing efforts to maintain and renovate aging infrastructure would drive the deployment of rental AWPs in the country. Moreover, rising disputes with neighboring nations such as North Korea are motivating reconstruction projects.

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Hefty investments in the infrastructure sector will also favor the use of AWPs. In 2019, the South Korean government planned to invest $27.2 billion in the infrastructure sector in order to upgrade aged urban structures. The South Korea AWP rental market may likely surpass a valuation of $350 million through 2025.

Given below the top trends fueling the South Korea AWP rental market outlook:

Increasing usage of access platforms

Access platforms are slated to observe immense demand over the coming years as they offer a safe and reliable way to operate on energized overhead power lines. Integration of remote control systems into AWPs has helped enhances overall operations across utilities.

Government initiatives like offering water, power, and other facilities across the region have driven heavy investments in infrastructure development and installation, favoring segment growth. Furthermore, regular maintenance activities across facilities and power lines that require aerial lift platforms to access elevated locations may stir product deployment.

Development of public infrastructure

The South Korean government is investing heavily in the upgradation of infrastructures like bridges, roadways, transportation points as well as buildings to enhance the country's overall infrastructural landscape and offer better facilities for local population. These initiatives are expected to drive noteworthy demand for rental AWPs across South Korea over the years.

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Increasing deployment across the manufacturing sector

Growing need to maintain and preserve existing infrastructure and managing industrial facilities is touted to push growth of AWP market of South Korea. The industry is slated to observe robust expansion activities across warehouse and manufacturing facilities. Increasing emphasis of plant maintenance and the presence of major client companies like Hyundai Heavy Industries, LG, Samsung Electro-Mechanics, and Samsung Display may increase market share through 2025. The competitive landscape of the South Korea AWP rental market is inclusive of players such as Korea Rental Corporation, YK Construction Equipment, AJ Networks, and Prince Lift among others.

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DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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The global self-compacting concrete market is likely to surpass a valuation of $30.2 billion by 2024.

Selbyville, DE -- (SBWIRE) -- 07/06/2020 -- The global self-compacting concrete market is projected to foresee immense revenue growth due to increasing product demand from the rising drilling activities across the U.S. Drilling activities in the country are witnessing an upsurge due to the regional petroleum industry, which is growing exponentially. Self-compacting concrete, also known as self-consolidating concrete, is an innovative type of concrete that is highly flowable. This characteristic allows it to spread into a form without needing mechanical vibration.

Self-compacting concrete is majorly used in the petroleum sector in setting up drilling shafts, pipelines, and other structures to obtain mineral deposits that are present below the land or to transfer crude gas/oil through installing pipelines. The product boasts of a number of favorable features that allow it to help reduce the permeability of concrete structures, offer better freedom of design while constructing concrete structures, ensuring faster construction, and increasing the quality of construction among others, which is augmenting its demand across the world.

The global self-compacting concrete market is likely to surpass a valuation of $30.2 billion by 2024.

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Given below is a brief overview of major trends that are influencing self-compacting concrete industry outlook:

Strong demand for admixtures

In terms of raw material, the admixtures segment represented approximately 50% of the overall market share in 2016. Admixture is made up of fly ash, silica fume, slag, and hydrated lime. The segment also contains chemical admixtures, which contains superplasticizers, and viscosity adapting agents, among other materials.

The material has characteristics that are similar to concrete and helps in enhancing the strength and concentration of common concrete, improving its overall performance. This factor is subsequently impelling its demand across several industries, which would positively drive the segment share over the coming years.

Increasing product application scope across the building and construction sector

With respect to end-use, the increasing use of self-compacting concrete (SCC) throughout the construction sector is expected to actively foster revenue growth from the building and construction segment.

Self-compacting concrete is widely used in commercial and residential sectors, owing to the product's value-added benefits like low labor cost, high productivity, and better appeal value. Furthermore, the product does not need mechanical vibration for settling. It also continues homogeneousness owing to its high mobility, which would impel SCC industry share tremendously.

Rapid industrial development across the Asia Pacific

Asia Pacific self-compacting concrete market accounted for more than 70% of the overall industry share in 2016. The market is further slated to depict positive revenue trends in its growth graph over the coming years due to the rapid rate of industrial expansion in the region. The industrial expansion is being driven by the region's increasing population.

In addition, the exponentially growth of the construction sector in the region, fueled by its population growth, would further augment the regional market size through the forecast timeframe. Several regional governments are currently developing regulations under structural reformation plans in order to expand the area's overall construction sector through massive projects, thereby complementing the market size.

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Major market players are implementing several business strategies such as acquisitions, collaborations, takeovers, and investments to gain a competitive edge in the industry. Citing an instance, in April 2019, Buzzi Unicem acquired two cement plants from HeidelbergCement in Italy. Through this acquisition, the company intended to expand its footprint in the region.

The competitive landscape of the global self-compacting concrete market is inclusive of players like Breedon, ACC, Ultratech Cement, CEMEX, Buzzi Unicem, Unibeton, Sika, and BASF among others.

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DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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Rising customer awareness about the benefits of lowering carbon emission is estimated to accelerate the deployment of building thermal insulation by 2025.

Selbyville, DE -- (SBWIRE) -- 07/06/2020 -- Increasing demand for energy-efficient buildings along with growing energy consumption worldwide is projected to bolster building thermal insulation market size. Increasing implementation of sustainable technologies to tackle climate change and reduce greenhouse emissions are complementing the product's adoption. Moreover, rising customer awareness about the benefits of lowering carbon emission is estimated to accelerate the deployment of building thermal insulation by 2025.

Extensive features like maintaining indoor temperature disregards to outside climate conditions, use of lesser energy to provide adequate temperature and comfort, and prevention of roof deck cracking would impel product significance.

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Mentioned below is a brief overview of the key trends influencing global building thermal insulation market share:

Increasing deployment of thermal padding products in the residential sector

Rise in purchasing power and increasing awareness regarding positive impacts of curbing carbon emissions and saving energy have propelled the acceptance of building thermal insulation across the residential sector over the years. Thermal padding products are observing high deployment owing to consistent focus on avoiding the flow of heat from one side of insulation to other side of the building.

Renovation activities and delivery of better thermal padding should positively impel the building thermal insulation market outlook over the forthcoming timespan. Based on the aforementioned factors, the residential segment is projected to hold more than 56% industry share through 2025.

Growing demand for stone and glass wool insulation

With reference to material segment, the market for building thermal insulation observes immense demand for stone wool and glass wool insulations. The segment accounted for about 50% volume share in 2018. Positive application outlook due to heavy compression strength and thermal conductivity would add up to segment share over the coming years.

These materials are extensively used as insulating materials in the commercial and industrial sectors due to their non-flammable nature. In addition, stone wool and glass wool have excellent resistant characteristics that are positively impelling their use in various applications.

Sizable demand across Asia Pacific

Rapid expansion activities in the industrial and construction sector is slated to augment Asia Pacific building thermal insulation market size. Estimates claim that the regional market is projected to observe substantial expansion of more than 6% through 2025.

Increasing demand for renovation of convenience stores, grocery shops, and shopping malls have ascribed to the rising deployment of the product across Asia Pacific. Moreover, market players are consistently funding in research and development activities to create extruded polystyrene padding for cavity wall, and wall furring, thereby driving segment size.

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The competitive landscape of the global building thermal insulation market is inclusive of players such as Atlas Roofing Corporation, Owens Corning Corporation, Paroc Group, Cellofoam North America, Rockwell International, Johns Manville, Huntsman, Guardian, and BASF among others.

Major market players are increasingly adopting strategies like acquisitions, collaborations, product launches and investments to set themselves ahead of the competition. Taking February 2020 for instance, Paroc Group, Eko Expert, and Lassila & Tikanoja collaborated to develop REWOOL, a system that recycles stone wool.

About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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The report covers in-depth analysis of the aerosol propellants market on the regional scale. The market is witnessing substantial growth and is largely driven by regions, including North America, Europe and Asia-Pacific.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- Aerosol Propellants Market share is forecast to hit 13.73 million tons at an annual growth rate of 4.7% from year 2015 to 2022, according to a new study based market report by Global Market Insights. The report features segment, region and application based analysis with insights on market trends, restraints, challenges, opportunities and drivers expected to impact the market size.

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The report covers the analysis of the key aerosol propellants market players, profiles, competitive scenario and business strategies. Strict Government regulations regarding aerosol propellants are discouraging the new market participants owing to considerable amount of investment during the start-up phase. Key market players include Honeywell, Covestro, Harp International, Lapolla Industries, Aeropres Corporation, AkzoNobel, Lapoll and Avalos.

The key topics covered in the report are:

- Categorization of the global market on the basis of application, region and competitive scenario
- Volume and revenue estimations for the market over anticipated period
- Market Dynamics and Insights with market strengths and weakness, opportunities and threats
- Current and future Regional Trends
- Company profiles, Positioning, business strategies of Key Players

Aerosol Propellants Market By Product

o Hydrocarbons
o Dimethyl ether (DME) and methyl ethyl ether
o Nitrous oxide and carbon dioxide
o Others

Aerosol Propellants Market By Application
o Personal Care
o Househols
o Automotive & Industrial
o Foods
o Paints
o Medical
o Others

The market growth is attributed to rising awareness for household hygiene like disinfectants, insect repellents and air fresheners and personal care products like deodorant, dry shampoo, hairspray, sheen spray, shine spray, body spray, mousse, temporary hair color spray and shaving cream, etc. among consumers. Innovations and the advent of technology is like to further the growth. The demand in the personal care product segment is forecast to reach 6,700 million units at a growing CAGR of 2.9% during the predicted time frame.

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Growth in infrastructure spending and automobile production in various countries has attributed to the growth in demand of paints in construction and automotive sectors and is likely to further industry growth. Health and environmental problems associated with propellants used in aerosol products are likely to restrain industry growth.

Industrial and automotive applications are likely to continue the growth trend with anticipated growing CAGR of above 4.5% during the Forecast period. Rising demand for sealants, adhesives, lubricants is expected to propel the industry growth. Hydrocarbon propellants expected to exhibit stable growth by 2022.

The report covers in-depth analysis of the aerosol propellants market on the regional scale. The market is witnessing substantial growth and is largely driven by regions, including North America, Europe and Asia-Pacific. Growing demand for cosmetic products in Europe is projected to spur aerosol propellants market growth. Asia Pacific, the market is expected to witness a substantial growth with anticipated gains of 5.6% in the next seven years.

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According to a new research report by Global Market Insights, Inc. Spray Polyurethane Foam Market size will likely exceed USD 2.5 billion by 2024.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- An analysis of Spray Polyurethane Foam Market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

North America led by the U.S. will hold a major share in the global spray polyurethane foam market and the region's revenue will surpass USD 1 billion by the end of the estimated timeframe. North America is the followed by Asia Pacific region where increasing construction activities and growing infrastructural facilities will propel the spray polyurethane foam market in coming days.

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Increasing housing facility demand, especially in the developing countries such as China, Brazil, & India will add value to the construction industry, thereby propelling the spray polyurethane foam market. Developed countries with mature construction markets such as the U.S. will also propel the spray polyurethane foam demand in upcoming years due to increased spending for the repair and maintenance of old buildings and infrastructure.

Governments in emerging economies are taking special initiatives towards infrastructure development which in turn will boost their respective construction industries in upcoming years. Increasing demand for energy efficient residential & commercial buildings coupled with the insulating properties of the product will provide high growth opportunities for spray polyurethane foam industry development in the forecast timespan.

To improve the local economy and conserve energy, various governments have initiated strict regulations and mandates which also lead to several tax benefits. Energy conservation in other terms means lesser use of energy for the same task, which also leads to decrease in power plant emissions. Several regulations and standards for energy preservation in the U.S. and Europe providing tax benefits for green buildings will positively influence the spray polyurethane foam market development.

Adverse health effects such as dermal, eye and respiratory infections and irritations owing to exposures with asthma causing isocyanates may act as a hindrance for the spray polyurethane foam market in the coming days.

Based on product, spray polyurethane foam market is segmented into closed cell, open cell and, others which include construction adhesives, high-density spray polyurethane foams, etc. As of 2016, open cell segment accounts for over 50% of the entire industry share and will surpass USD 1 billion by the end of 2024. The segment will display significant growth rate in the forecast period due to their extensive use in the building interiors.

The residential roofing segment will hold the maximum share by capturing close to one-third of the entire product market share. The commercial walls segment will grow with the highest CAGR of over 8% by 2024 due to increasing office space demand in cities across the world which is likely to boost commercial building construction.

Spray Polyurethane Foam Market by Product
- Open cell
- Closed cell
- Others

By Application
- Residential walls
- Residential Roofing
- Commercial walls
- Commercial Roofing
- Others

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Prominent players operating in the global spray polyurethane foam market with a major industry share include Lapolla, The Dow Chemical Company, Bayer Material Science, and BASF Corporation. Other significant industry players include Demilec, Rhino Lining, NCFI Polyurethanes, Premium Spray Products, Icynene, and CertainTeed Corporation to name a few.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Based on Global Market Insights, Inc., estimates, the global carbon black market size is anticipated to reach a valuation of $24.8 billion by 2026 with a CAGR of 6.6% over 2020 and 2026.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- The carbon black market is expected to record significant gains owing to expansion of the plastic and coating industry, and increasing tire production across the globe. Carbon black is used across various application segments, including industrial, transportation, and building and construction sectors.

The carbon black market is bifurcated in terms of application type, grade, end-use industry, attributes, and regional landscape.

As per estimates, carbon black for tire rubber would remain the biggest application avenue over the estimated time frame. The projection is further supported by increasing demand for light commercial vehicles as well as passenger cars. Additionally, estimates also suggest that the plastic segment is anticipated to foresee the highest growth over the coming years owing to the growth in the wire and cable, plastic pipes, as well as the packaging industry.

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Some of the emerging trend that directly affect the dynamics of the industry, include the growing use of bio-based and recycled carbon black and shifting focus from commodities to further specialized grades of carbon black.

The competitive landscape of the carbon black market includes companies like:

Tokai Carbon
Orion Engineered Carbons Holdings
Cabot Corporation
Sid Richardson Carbon & Energy
Birla Carbon
Philips Carbon Black
China Synthetic Rubber (CSR)
OMSK Carbon Group among

With respect to end-use, the transportation application segment is slated to continue to remain the largest end-use industry during the study period. The growth is attributed to the increasing demand for the tire as well as mechanical rubber goods.

Moreover, demand for carbon black in packaging end-use industry is also expected to witness the highest growth during the forthcoming years supported by growth in various sectors which includes personal care, pharmaceuticals, food & beverages, and household products.

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From a regional frame of reference, Asia Pacific carbon black market is likely to remain the largest region by both value and volume and is anticipated to observe the highest growth during the coming time period. The growth is ascribed to higher vehicle production along with the shifting of tire production in low-cost countries like China and India.

Overall, the above-mentioned determinants are likely to offer a diverse range of growth opportunities for the carbon black market.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Email: sales@gminsights.com

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As per Global Market Insights, Inc., the worldwide lubricants market is anticipated to be valued at USD 74 billion by the end of 2022, in terms of revenue.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- Extensively driven by the surging automobile sales across the globe, the worldwide lubricants market is poised to garner phenomenal gains in the upcoming years. Lubricants are liberally used in automobile production to enhance energy efficiency. It is prudent to mention that the global automobile sales crossed a mammoth of 95 million in 2018. These statistics put forth by OICA provide a testament to the fact that proliferating automobile sales will positively influence lubricants industry trends during forecast timeframe.

Lubricant provides robust engine efficiency by minimizing the friction between the surfaces in contact. This property of the substance has exponentially spurred its demand across the globe. In this regard, various companies across the manufacturing sector are calling out for the expanding need of the lubricants.

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With the exceptional requirements for conventional and unconventional resources gradually rising, the investments towards exploration and production of these have observed a massive increase in the past few years. This upsurge in the investment has led to elevating demands for the oil field chemicals leading to the industry expansion.

Concurrently, a paradigm shift toward the use of bio-based fuels considering the rising concerns toward high toxicity levels of conventional fuels is likely to propel the industry growth over the forecast period. However, the advent of various governmental regulations pertaining to the recyclability, bioaccumulation, and toxicity by several legislative authorities may impede the business growth in the near future.

As per Global Market Insights, Inc., the worldwide lubricants market is anticipated to be valued at USD 74 billion by the end of 2022, in terms of revenue.

Lubricants market is defined by a vast application gamut and has gained widespread traction on the account of the same, over the years. On these grounds, the burgeoning demands for industrial products along with the capacity expansion that manufacturing companies are undertaking have enabled the industrial segment to evolve as one of the major revenue pockets for the market in the recent times.

For the record, the industrial application sector acquired 35 per cent of the overall lubricants industry share in 2014 and is probably to grow at a prodigious pace over the foreseeable time span.

Speaking in terms of the geographical standards, Asia Pacific is stated to stand tall in the regional hierarchy of the lubricants market. It is imperative to mention that the region is estimated to accrue hefty proceeds in the upcoming years. This regional growth can be aptly attributed to the mounting infrastructure demands from across the emerging countries including India, China, and Japan. In this regard, China lubricants market size was pegged at USD 6 billion in 2014 considering the expanding power plant installation in the region.

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The rapid surge in the automobile sales across the region is also positively influencing the market dynamics. Estimates claim that APAC recorded the sales of over 38.40 million automobile units in 2015 adding to the growth trajectory of the market.

U.S., on the other hand, is anticipated to emerge out as a lucrative ground for lubricants market perhaps ascribing to the aging infrastructure across the region. The region in 2014 accounted for nearly USD 6 million of the revenue share.

The worldwide lubricants market is highly consolidated and boasts of the presence of prominent key players including Chevron, Shell, ExxonMobil, and various others. These players are indulging into R&Ds to launch new products and expand their production facilities across the globe to sustain their foothold in the market.

In light of this, Texas based ExxonMobil recently announced its take on setting up a lubes blending plant in India which holds a major dominance of Mobil lubricants. This move is expected to lower the energy demand growth by over 25 per cent through the upcoming years.

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Bentonite Market to witness considerable demand through 2024: Report by Global Market Insights, Inc

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- Sellbyville, Delaware, Bentonite is witnessing robust demand particularly for iron pelletizing operations in the wide steel industry. Bentonite provides superior strength to dry and roasted iron pellets which also ensures safe transportation solutions. In developed countries like France, UK and Germany there has been a rise in the number of pet owners due to declining involvement of community and the breakdown of traditional social support system, which is driving the demand for pet litter products, another application area of the substance.

Bentonite helps in removing the undesirable odors by facilitating removal of feces and urine at an affordable cost when compared to traditional clay litter counterparts along with a longer shelf life. It was estimated that by the end of 2024, global bentonite market will amass annual revenues of over US$1.95 billion.

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High disposable income among people in North America and Europe and the ability to spend on luxurious products has amplified the cosmetics and natural healthcare industry, with products being developed to target specific skin concerns. Bentonite is widely used in these products to provide curative and anti-oxidant properties that improves the suitability of cosmetic products.

Reportedly, North America calcium bentonite market dominated by Canada, U.S. and Mexico was anticipated to register gains by more than 5% through 2024. The use of the product helps in improving the immune system and controls the risks of infections by eliminating toxins that enter the body through unhealthy food, pesticides and paints.

In 2017, sodium bentonite market share from civil engineering applications was evaluated at more than $65 million. The product has exceptional plasticity, bonding strength, lubricity, compressibility, and low permeability. It has high application potential in foundation and excavation activities which consist of digging bored piles, protective barriers, construction of cutoff walls, diaphragm walls, and grouting mortars.
Sodium bentonite helps to ensure foundational stability by avoiding wall collapse, acting as sealant, averting deposition of debris at excavation base, and enabling effortless displacement by concrete which will stimulate bentonite market size.

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Escalating offshore drilling activities in the U.S. to answer growing demand of oil and petrochemical and handle depleting onshore petroleum reserves will push the growth of bentonite market. Bentonite upsurges hydrostatic pressure in borehole and prevents ingress of fluid & gas and reinforces stability. It also lowers the temperature and lubricates drill bit to avoid corrosion and keep cuttings in suspension. This helps to prevent the deposition of sludge at the bottom of the borehole which will encourage bentonite industry share growth.

The U.S. calcium bentonite market size is predicted to earn gains at around 5.5% from drilling mud applications over 2018-2024. Developments in fracking & drilling technology in the nation has resulted into augmented production of oil & natural gas which answers rising demand for drill muds. Drilling fluids contribute to create boreholes which are essential when it comes to accessing petroleum reserves. Bentonite holds stone detritus while purge pumps are idle which is likely to impel the U.S. calcium bentonite market share.

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The Castor oil derivatives market, as per recent report, is diversified into Europe, North America, Asia Pacific, LATAM, MEA and its analysis has been potentially addressed in the document.

Sellbyville, DE -- (SBWIRE) -- 07/03/2020 -- The report on Castor oil derivatives market offers a comprehensive study on this industry with substantial details pertaining to its overall foothold in the chemical industry and its application across major end-user sectors. An innate sub-vertical of the global chemicals domain, the Castor oil derivatives market has amassed significant proceeds in the recent years.

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The market analysis encompasses information that is expected to potentially support the manufacturers involved in production of bulk and specialty chemicals, resin, preservatives, fluids, powders, specific chemicals, oilfield chemicals, soaps, detergents, biocides, fluids, lubricants, polymers etc. Moreover, details incorporated in the report can also be beneficial for suppliers and buyers of products including surfactants, paints, bleaches, petrochemicals, plastics, additives, acids, solvents, resins, and many more, enabling them to gain an in-depth understanding of this business space.

Further, the report also offers a gist to various factors that are poised to drive the growth graph of this industry over the forecast period, along with providing details of the ongoing trends that the industry is characterized by. The Castor oil derivatives market, according to the given report, is divided on basis of type1, product, application, regional, and competitive landscape.

Considering the application landscape, the report offers an overview of the products across the Castor oil derivatives market, categorized into lubricants, soaps, brake fluid, paints, dyes, plastics, waxes, coatings, inks, nylon pharmaceuticals and perfumes manufacturing in terms of market share, segment valuation, current and projected growth rate, development trends, and performance of the segment on the overall market.

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Dehydrated castor oil derivatives are prominently used in manufacturing coatings, primers, appliance finishes, alkyd resins, inks and primers. It is also used in various end use applications such as house paints, sealants, varnishes and enamel to impart fine gloss, adhesion, flexibility and chemical & water resistance. Increasing consumer spending on high quality paints for better appearance may boost product demand.

The Castor oil derivatives market, as per recent report, is diversified into Europe, North America, Asia Pacific, LATAM, MEA and its analysis has been potentially addressed in the document. The report incorporates, in minute detail, a study on various factors promoting the growth of regional markets, along with the trending growth opportunities prevalent in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

Castor oil derivatives market is highly concentrated and boasts presence of vivid companies including NK Proteins, RPK Agrotech, Kanak Castor Products, Jayant Agro Organics, Taj Agro Products, Xingtai Lantian Fine Chemical Company, Liaoyang Huaxing Chemical and Bom Brazil. The research report puts forth details on the sales spectrum of reach of these firms, their strategies to maintain the foothold in the market, individual company profiles and market share, and stance in the global chemical industry.

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Paraben-free product demand to define personal care ingredients market trends

Sellbyville, DE -- (SBWIRE) -- 07/03/2020 -- The personal care ingredients market size to reach USD 12 billion by the year 2024, with an anticipated CAGR of 5.4%. Added by Global Market Insights, Inc., the document consists of substantial information on the market scenario, industry strategies, evolving technologies, market competitors, growth opportunities, and market segmentation.

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This trend is essentially being witnessed in the hair care application segment. Hair care product manufacturers are advertising their products to increase sales, which may in turn boost personal care ingredients market growth.

One of the major applications of surfactants is the innate creation of a semi-stable mixture of water and oil, or emulsions. Given water and oil don't mix well, emulsifiers are added to modify the surface tension between the oil and water, thereby producing a well-mixed and homogenous product with an even texture. Emulsions are the lotions and creams which provide fruitful lipid materials to the surface of the skin and hair.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Evonik
2. BASF
3. AkzoNobel
4. Croda
5. The Dow Chemical Company
6. Wacker Chemie
7. Ashland
8. Clariant
9. Lonza
10. Cargill
11. Solvay
12. Eastman Chemical Company

Increasing purchase of personal care products worldwide is anticipated to boost the personal care ingredients market size over 2024. Personal care products have become a vital part of consumer's daily life. People across the globe have started to use haircare, skincare, and cosmetics products to enhance their aesthetic appearance.

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The report delivers a detailed overview of the product landscape of the personal care ingredients market , categorized into Surfactants, Conditioning Polymers, Emollients, Rheology Control Agents, Emulsifiers, Antimicrobials. All the information pertaining to the segment valuation, market share, growth rate, expansion trends, and performance over the forecast period has been given in the report.

The personal care ingredients market, as per recent report, is diversified into Europe, North America, Asia Pacific, LATAM, MEA and its analysis has been potentially addressed in the document. The report incorporates, in minute detail, a study on various factors promoting the growth of regional markets, along with the trending growth opportunities prevalent in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

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Traction for sodium metabisulfite in bakery products has become more pronounced as reducing agents for it loosens the dough and facilitates the kneading and curbs the rest time. Considering its niche uses, potassium metabisulfite will continue to gain impetus for preserving food and beverages.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- With immensely high purity and quality, sodium metabisulfite has been serving as an anti-oxidant and conservation agent. Notably, sodium metabisulfite is being used to protect shellfish against melanosis.

Traction for sodium metabisulfite in bakery products has become more pronounced as reducing agents for it loosens the dough and facilitates the kneading and curbs the rest time. Considering its niche uses, potassium metabisulfite will continue to gain impetus for preserving food and beverages.

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Growth drivers: food and beverage

Sodium metabisulfite is gaining momentum commercially in food and beverage sector to bolster the shelf life of meat products such as burgers and sausages. Of late, popularity of sodium metabisulfite has become more apparent in beverages as it is increasingly being used to sanitize the equipment for winemaking.

Increasing palpability of sodium metabisulfite in baked products, dried fruits, potato chips, and jams is likely to spur the industry growth.

Trends: Pharmaceutical sector

Trend for sodium metabisulfite in pharmaceutical formulations has become more apparent in recent years as it has gained traction as an antioxidant in both pharmaceutical and cosmetic products.

Use of antioxidant is being used to retain the stability of the manufactured tablets with various model drugs with the highly soluble drug. To put things in perspective, sodium metabisulfite is profoundly being used in drug preparation owing to its anti-oxidant properties. Use of antioxidant is setting the trend for it can ward off degradation significantly.

Opportunities abound

Stakeholders envisage sodium metabisulfite to play an invaluable role in the treatment of wastewater, water and waste as reducing agent. Study predicts that use of sodium metabisulfite will be more noticeable in industrial process water and wastewater to reduce chlorine.

Opportunities in sodium metabisulfite go beyond the realms of food and beverage and wastewater treatment and expand toward textile industry. For instance, sodium metabisulfite in the production of wool and as an antichlor for reducing vat dyes are creating revenue opportunities for stakeholders who are eyeing to expand their portfolios. Prominently, application of sodium metabisulfite as a bleaching agent in textile industry will provide palpable growth opportunities for leading companies in sodium metabisulfite market.

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Restraints

While sodium metabisulfite will be highly desirable in food & beverage, water treatment, pharmaceutical and textile industries, exposure to it may cause asthma-like allergy and can irritate lungs, noise and throat.

Stakeholders are expected to emphasize the use of sodium metabisulfite in food & beverage space, while its soaring trend in pharmaceutical and textile will further the business outlook. In the latest research report by Global Market Insights, Inc., sodium metabisulfite market size has been projected to surpass US$496.6 million by 2025.

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Powder sodium silicate market is also gaining massive traction driven by its rising popularity across a slew of applications such as detergents, soaps, and cleaning agents. The powder form is also being largely used as an emulsifier, antirust agent, anti-oiling agent, and flame-retardant agent.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- Liquid-based sodium silicate market demand is anticipated to inflate in the coming years due to its augmenting use in the paper & pulp and adhesives sectors. It is used in fiber drum binders, paperboard laminates, toilet tissues, and paper towel cores due to its environment friendliness and zero toxicity levels.

Powder sodium silicate market is also gaining massive traction driven by its rising popularity across a slew of applications such as detergents, soaps, and cleaning agents. The powder form is also being largely used as an emulsifier, antirust agent, anti-oiling agent, and flame-retardant agent.

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Global sodium silicate market outlook is strengthening on account of its usage across a broad spectrum of applications ranging from food to healthcare industries. In terms of revenue, global sodium silicate market size is anticipated to surpass USD 11 bn by 2024. Elevation in the level of awareness regarding sanitation is further fueling the product demand owing to its wide adoption as a vital composition in cleaning agents. Additionally, upsurge in demand for sodium silicate derivatives such as silica sols and silica gel in applications comprising plastics, ink, paints & coatings are fueling sodium silicate market trends.

Accelerated pace of oil & gas exploration activities, especially in the US has resulted in increased demand for sodium silicate to cater to the increasing fuel requirement. Rising demand for sodium silicate derivatives such as silica and zeolites as catalysts in various bio-based and chemical processes is also likely to augment the market outlook in the coming years. Additionally, the key players in the market are progressively replacing hazardous raw materials with novel substitutes such as rice husk, which is likely to open up new avenues for market expansion.

Product differentiations, novel and advanced product launches, R&D investments, and collaborations are some of the key strategies incorporated by the industry players to gain a competitive edge. For instance, a JV of Chevron Products Co and W.R. Grace & Co. invested an amount of USD 135 million to enhance the capacity of an existing manufacturing facility dealing with the production of alumina and sodium silicate.

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Asia Pacific sodium silicate market share is largely driven by the rapid expansion of end use industries in the region. Intensified investments in construction and infrastructure development in the region is favoring the product demand. Moreover, rising awareness regarding hygiene in the developing countries is likely to contribute towards regional growth. Against the backdrop of increasing spending capabilities, the demand for FMCG products is rising in the region in turn creating a conducive environment for the sodium silicate market growth.

A slew of other such investments by the industry players to enhance the product portfolio is slated to strongly characterize the competitive landscape of sodium silicate market. Some of the key industry participants include PPG Industries, Evonik Industries, BASF, Huber, PQ Corporation, Nippon Chemical, W.R Grace, Oriental Silicas Corporation, Malpro Silica Private Limited, etc.

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Given that glutathione has antioxidant protection, detoxification and aging defense, stakeholders have exhibited increased traction towards glutathione. Intake of glutathione is likely to soar as glutathione is gaining traction globally.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- In the latest research report by Global Market Insights, Inc., glutathione market size is likely to surpass US$295 mn by 2025.

Glutathione has become a ubiquitous compound and has subsequently become popular as the master antioxidant for it bolsters the recycling and utilization of other antioxidants such as vitamin C and E, along with alpha lipoic acid.

Given that glutathione has antioxidant protection, detoxification and aging defense, stakeholders have exhibited increased traction towards glutathione. Intake of glutathione is likely to soar as glutathione is gaining traction globally.

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Trends

Increased traction for reduced glutathione is slated to set the trend in glutathione industry as it has been playing an invaluable role in the detoxification of range of electrophilic compounds and peroxides through glutathione peroxidases and glutathione S-transferases (GST).

Soaring trend for glutathione is mainly attributed to the prevalence of mammals, fungi, plants and prokaryotic organisms. Prominently, reduced glutathione is widely being found in high concentrations in cellular systems and is playing instrumental role in detoxification of a slew of electrophilic compounds. Considering the lack of glutathione that puts the cell at risk of oxidative damage, traction for reduced glutathione is likely to be witnessed in the next few years.

Growth drivers

In recent years, GSH is profoundly being used in food, pharmaceuticals, nutraceuticals and cosmetics industries. Leading to a new era of health and medicine, traction for GSH in nutraceuticals is likely to fuel the growth in glutathione industry.

With glutathione having antioxidants that can protect the body from damaging effects, cosmetic sector has become a prominent recipient of glutathione. Glutathione is being highly sought-after in cosmetics for skin care and is believed to maintain the function of normal immune system.

Opportunities

Given the rise of pharmaceutical industry in countries such as the U.S. and Canada, North America is likely to be a happy hunting ground for stakeholders eyeing to expand their portfolios in glutathione industry. Notably, glutathione tends to protect thiol groups in molecules, including enzymes and proteins.

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Investment in APAC is likely to pick pace as end-markets continue to exhibit inclination towards skin care products. Use of glutathione for skin care has been providing a viable environment for growth of novel skin cells.

Strikingly, skincare products containing glutathione are being used to relieve and treat heavy metals in skins. It is worth noting that glutathione has become popular among the masses as a tremendous skin-whitening agent. It is expected that stakeholders will continue to infuse investments in both North America and APAC to expand their portfolios.

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North America, Contact Lenses Market, has witnessed a sharp rise in the prevalence of various eyesight disorders among all age groups. The American Academy of Ophthalmology (AAO) reports that cataracts affect nearly 24.4 million Americans aged 40 or more, and almost half of all Americans by the age of 75.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- Global contact lenses market size will be worth more than US$14 billion by 2025, with growing preference for lenses particularly among the younger population.

The popularity of contact lenses across the globe will continue to grow with constant improvements in materials, designs, and the wide range which they are available in. Their use in the correction of refractive errors and cosmetics has increased considerably in recent years. While majority of the population wears contact lenses for optical or functional reasons, an aesthetic appeal has been among the major motivating factors for people who want to avoid wearing glasses.

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North America to emerge as a key revenue pocket

With changing lifestyle choices and evolving fashion trends, more and more Americans today prefer contact lenses to suit their functional as well as aesthetic needs. Consumers are willing to spend substantially on premium-quality product due to a notable rise in household income levels. In addition, contact lenses serve as an easy and comfortable option for people who love sports and have an active lifestyle. Approximately 45 million Americans use contact lenses, according to the Centers for Disease Control and Prevention (CDC).

North America, Contact Lenses Market led by the U.S., has witnessed a sharp rise in the prevalence of various eyesight disorders among all age groups. The American Academy of Ophthalmology (AAO) reports that cataracts affect nearly 24.4 million Americans aged 40 or more, and almost half of all Americans by the age of 75.
The recent outbreak of the coronavirus and subsequent nationwide shutdown has disrupted supply chains, resulting in poorer sales of contact lenses and other eyecare products. Several regional retailers are switching to online platforms for the delivery of lenses amid the pandemic.

Constant technological developments and product innovations

Contact lenses manufacturers are significantly fueling their research and development efforts to introduce newer varieties of lenses with advanced capabilities. In April 2019, Johnson & Johnson Vision had launched the ACUVUE OASYS photochromic contact lens, the first ever lenses to adapt to changing light conditions.

In a survey by Johnson & Johnson, 70% Americans said they are bothered by bright lights while driving, and nearly half of respondents said they wish their eyes could adjust to changing light conditions quickly.

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Johnson & Johnson Vision's ACUVUE OASYS contact lenses are designed to accomplish what eyes naturally cannot. While a usual contact lens corrects refractive defects, J&J Vision's lenses seamlessly adjust from dark to clear and back, minimizing the exposure to bright light indoors and outdoors.

The rapidly-growing field of contact lens technology is bound to witness more such innovations in the upcoming years, with manufacturers constantly trying to figure out where the next breakthrough may lie.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Home décor has been one of the fastest-growing application segments in polyester fiber market over the past few years. With a considerable rise in disposable incomes, a vast majority of consumers are willing to spend heavily on home décor product such as carpets, rugs, and home textiles to enhance the aesthetic appeal of their home interiors.

Ocean View, DE -- (SBWIRE) -- 07/03/2020 -- Global Market Insights, Inc., forecasts that global polyester fiber market size will be exceed a valuation of US$190 billion by 2026, fueled by constant developments in the global fashion industry. A strong demand for high-quality home decor products will support the industry growth in the upcoming years.

Polyester has emerged over the decades to become one of the most preferred clothing and fabric materials in use today. Fabrics manufactured from polyester fiber possess excellent elasticity, shape retention, wrinkle resistance, and exceptional wash-and-wear performance and durability. The range of superior properties compared to other synthetic fibers makes it suitable for use in all kinds of fabrics.

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Extensive application in apparels

Today, it is almost impossible to find a consumer apparel that doesn't contain at least some amount of polyester fiber in it. The polymer is used to manufacturing essentially every form of clothing, ranging from shirts, suits, pants, and jackets to dresses, blouses, sports and active wear, rainwear, and kids wear. Polyester is often blended with cotton or other fibers to included additional functionality.

In regions with unpredictable climatic conditions and year-round rainfall, the demand for high-quality raincoats and rain jackets is slated to boost the adoption of polyester fiber. In addition, with growing concerns regarding health and fitness, an increasing number of people are looking to include some sort of sports or physical activity into their daily routines.

These trends are likely to further encourage participation in sports and other forms of physical activity, augmenting polyester fiber market forecast.

Increased spending on home decor

Home decor has been one of the fastest-growing application segments in polyester fiber market over the past few years. With a considerable rise in disposable incomes, a vast majority of consumers are willing to spend heavily on home decor product such as carpets, rugs, and home textiles to enhance the aesthetic appeal of their home interiors.

Polyester fibers is a common choice for homeowners when it comes to purchasing carpets and rugs. One of the major advantages of polyester rugs and carpets is that the synthetic fiber can have a wide range of vibrant colors that last a long time. These carpets and rugs can typically last a lot better than nylon or other synthetic materials.

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Major growth restraints and the impact of COVID-19

Fluctuations in raw material prices and the lack of availability or shortage of raw materials due to the recent coronavirus outbreak have become major roadblocks for polyester fiber industry growth. Nationwide lockdowns in wake of the pandemic and the subsequent decline in manufacturing activities is significantly affecting the industry forecast.

However, easing restrictions in several regions and resumption of manufacturing and industrial operations in the near future may boost polyester fiber market outlook.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc. has predicted industrial safety footwear market size to exceed $14 bn by 2026.

Ocean View, DE -- (SBWIRE) -- 07/02/2020 -- Burgeoning consumerism and surge in work-related injuries by manifold are shaping the growth in industrial safety footwear market. Notably, leather materials, both natural and manmade are gaining prominence in industrial settings for they can hold heat, withstand moisture.

Popularity of metatarsal guards, toe guards, leggings, safety shoes and combination foot and sheen guards has instilled confidence among stakeholders in industrial safety footwear industry. For instance, safety shoes are being designed to be electrically conductive to prevent the formation of static electricity to safeguard employees from workplace hazards.

OSHA warrants organizations to conduct annual PPE assessments to assess hazards and identify ideal PPE requirements.

Trends shaping the industry outlook

Of late, leathers from pigs, cows, buffalos are also being preferred by end-users. Some of the notable upsides such as resistance to abrasion, safety against rain and wind, durability, high wearing comfort, and becoming a renewable source have set the trend for leather materials to be used in industrial safety footwear.

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Major drivers boosting revenue streams

Traction for electrically conductive shoes in hazardous locations, including grain elevators and explosives manufacturing facilities is likely to fuel the revenue streams in industrial safety footwear industry. Besides, electrical hazard shoes which are nonconductive have become hugely popular among end-users as these shoes have the ability to protect against open circuits of up to 600 volts in dry conditions.

Surged inclination towards workers' safety and implementation of rigorous regulations in the U.S. are spurring North America industrial safety footwear industry outlook. According to the New York State Department of Transportation, safety footwear should meet the American Society for Testing & Materials (ASTM) Standard F2413. Further, OSHA warrants organizations to conduct annual PPE assessments to identify ideal PPE requirements and analyze hazards.

Failure to adhere to OSHA regulations invites sanctions, fines, and penalties. Prominently, maximum penalty per valuation for serious and other-than serious violations is $13,494; failure to abate will attract $13,494/day beyond the abatement date. Stringent regulations have instilled confidence among stakeholders to expand footwear penetration in industrial settings.

Opportunities abound

Forward-looking companies may infuse investments in chemical landscape as prominence of footwear has never been more significant than now. For instance, use of rubber has become ideal as the demand for footwear which is resistant to chemicals and impermeable has witnessed an upward trend in recent years. Lately, disposal shoe has become highly sought-after for protecting shoes from contamination by lethal chemicals.

Potential restraints

Physically demanding roles in industrial environments have necessitated the relevance of authentic and durable footwear. That said, duplicate and inferior products are likely to act as a bottleneck in the industry growth.

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From oil & gas, manufacturing to chemicals, demand for safety footwear has surged by leaps and bounds as mainstream companies have upped their efforts to produce industrial safety shoes that can protect the wear in hostile ambience, are environmentally friendly, enhance productivity, boost morale and decrease lead time.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
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Considering the product's immense application in the biomedical sector, Global Market Insights, Inc., forecasts that the polyglycerol sebacate (PGS) market might likely exceed US$81 million by 2025.

Ocean View, DE -- (SBWIRE) -- 07/02/2020 -- Polyglycerol sebacate (PGS) is recording high demand in the biomedical field, especially for developing regenerative medicine and supporting tissue engineering application. Properties such as the ability to modulate mechanical properties that match to myocardial tissues have augmented the significance of PGS in the tissue engineering sphere.

Reportedly, in 2013, the regenerative medicine & tissue engineering industry was valued close to US$17 billion, which later rose to US$47.2 billion in 2018. Constant innovations & developments done in the biomedical field, and the requirement to improve the healing process are some of the factors that have facilitated this growth.

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Meanwhile, with technologies like tissue engineering and regenerative medicine, the challenges encountered in the conventional medical industry can be overcome, potentially driving polyglycerol sebacate demand.

However, availability of numerous product alternatives such as polyglycolic acid (PGA), polylactic acid (PLA), polycaprolactone (PCL) chitosan, polyethylene glycol (PEG), and collagen could impede the product's industry share.

Likewise, absence of essential, long-term data on degradability and biocompatibility for making advances in the biomedical field may hamper PGS demand. Nevertheless, with constant research and presence of advanced technologies, the global PGS market might spur considerable momentum over 2025.

Notably, paste type PGS is anticipated to record commendable traction over the projected period. The product is extensive used in coatings medical textiles, tissue engineering, drug delivery, adhesives and more.

With profound application, estimates suggest that the paste form segment may witness gains of about 9% over 2025. Meanwhile, PGS market for soft-gel is anticipated to account a 9.5% CAGR over the forecast period.

It is certain that biomedical textiles are a vital component in medical devices. They are used in soft tissue repair products, heart valves, endovascular grafts, neurovascular stents, load-sharing scaffolds, etc. As an essential textile coating, it supports cell growth, promotes healing, minimizes inflammation, lowers adhesion, imparts elasticity to mirror native tissue and enhances material response to deformation. Features such as these would help biomedical textile segment to garner a noteworthy share in global PGS market.

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Considering geographical share, North America PGS market size is projected to record over 11% CAGR over 2025. High R&D investment in the medical sector leading to robust demand for biomaterials might majorly boost the regional PGS business share.

Reportedly, in 2016, the medical devices industry of U.S. recorded around US$160 billion, while in 2017, it reached US$170 billion. Considering this growth projection, it is likely that the demand for PGS may propel considerably across the U.S.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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Asia Pacific is estimated to contribute in global rubber processing chemicals market share with the highest regional CAGR over 2018-2025

Ocean View, DE -- (SBWIRE) -- 07/02/2020 -- Sellbyville, Delaware, Rubber processing chemicals market size is expected to be fueled by rapidly expanding automobile and construction sector. As per the latest OICA reports, automobile sale in 2017 was 97 million vehicles globally. Immense growth of automobile sector is likely to drive product demand in ensuing years.

Furthermore, escalating construction activities throughout the globe will supplement rubber processing chemicals industry by 2025. In construction sector, rubber is utilized in sound insulation, floor coverings, sealants, and roofing materials. Rubber processing chemicals market forecast report estimates that global revenue share will exceed $5.31 billion by 2025.

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In 2017, accelerator product subdivision accounted for revenue of more than $1.5 billion in global rubber processing chemicals market size. It has been estimated by rubber processing chemicals industry forecast report that accelerator segment will contribute to market growth with highest CAGR by 2025. Accelerators are used to quicken production speed. They speed up rubber production time and help in economical and fast manufacturing of high-quality rubber. Crude rubber is able to attain high elasticity by leveraging accelerators while production of rubber. With escalating usage and application of rubber throughout the globe, accelerator rubber chemicals are expected to witness a healthy growth.

In 2017, anti-degradants held major share in rubber processing chemicals industry and are projected to register with significant CAGR. Demand of anti-degradant rubber chemicals from tire segment has notably increased in last few years. It helps to improve resistance of rubber towards the effects of ozone, oxidation, mechanical stress, sunlight, and heat.

Tire emerged as the largest application segment for rubber processing chemicals market in the year 2017 and is anticipated to expand with a highest CAGR owing to increase in automobile sales globally. Non-tire application sector is also expected to observe rising demand over the coming years. The growth can be accredited to growing construction activities and industrialization in large part of the world.

Asia Pacific is estimated to contribute in global rubber processing chemicals industry share with the highest regional CAGR over 2018-2025. Reports predict that automobile is considerable end-user of rubber chemicals and China accounts for around 40% of automobile production. The expanding manufacturing base in China is a major reason that Asia Pacific has recorded highest product demand in 2017 and held more than 60% of rubber processing chemicals market share.

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Also, North America rubber processing industry size is predicted to expand with substantial CAGR due to the presence of key automakers in the U.S. Furthermore, Europe has been noted to be the second largest regional contributor in rubber processing chemicals market in 2017 with respect to volume. Well established automotive sector in France, Germany, UK, and Italy will fuel a large part of Europe rubber processing chemicals industry trend.

A few of the leading multinational companies operating in rubber processing chemicals market landscape include R.T. Venderbilt Holding Company, Inc., Solvay S.A., Linkwell, BASF SE, Kumho Petrochemicals, AkzoNobel N.V., Eastman Chemical Company, Emerald Performance Materials, Sumitomo Chemicals, Pukhraj Additives LLP, and Merchem Ltd.

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Sodium Lauryl Ether Sulfate Market slated to gain impetus from rise in detergent application

Ocean View, DE -- (SBWIRE) -- 07/02/2020 -- Sodium lauryl ether sulfate (SLES) has become a prevalent surfactant in personal care and cleaning products. It is worth noting that sodium lauryl sulfate is gaining traction as a highly efficacious anionic surfactant that is used to ward off residues and oily stains.

SLES is also gaining traction in industrial products such as floor cleaners, engine degreasers, and car wash products. Besides, SLES is witnessing increased palpability in personal care and household products, including toothpastes, cleaning products, shaving foams, and shampoos.

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Traction of SLES in detergent and cleaners is poised to boost the business outlook as its use in cleaning products, including wetting surfaces, surfactants, emulsifying and solubilizing oils have become more pronounced in recent years. Global Market Insights, Inc., has projected sodium lauryl ether sulfate market size to surpass US$1.5 bn by 2024.

Use of surfactants such as sodium lauryl ether sulfate (SLES) in cleaning, washing products used in laundry detergents, home, soaps, spot removers and de-greasers is likely to boost SLES market revenue. SLES continues to gain momentum among manufacturers of household products as companies are also acknowledging environmentally-friendly attributes by adopting SLES material. It is worth noting that SLES will prevalently be used in the composition of detergents.

With affable hard-water resistance, good solvency, and high-biodegradation, SLES is being used to ease production and formulation. Industrial applications of SLES in leather industry and printing and dyeing industry as dyeing agent, lubricant, foaming agent will fare well for the sodium lauryl ether sulfate market expansion.

Stakeholders expect commercialization of personal care and detergent products to foster their value proposition. While critics have cited health concerns pertaining to the use of SLES; however, neither the WHO nor the International Agency for the Research of Cancer has found any link of them to cancer.
Moreover, scientific reviews by the expert panel of the US Cosmetic Ingredient Review (CIR) found SLES to be safely used in personal care and cosmetic products.

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Asia Pacific is slated to be a viable investment destination as stakeholders eye to invest in detergents on the heels of growing penetration of washing machines in emerging countries such as India, Singapore and China. Gen Z and millennial population in these countries are exhibiting profound traction towards the use of personal care products.

Europe sodium lauryl ether sulfate market share will witness a notable uptick as countries, including the U.K. and France witness increasing trend for personal care products. Extensive use of SLES in household and industrial cleaners and personal care products is projected to boost SLES industry revenue in the next five years.
The surfactant is likely to be highly sought-after in bubble bath, shampoo and liquid detergent. Given that sodium lauryl ether sulfate biodegrades robustly, it has become an ideal component to be used in personal and care and detergents. Growth in the detergent manufacturing across APAC, Europe and North America will help SLES manufacturers expand their penetration. Prominently, growth in the personal care industry is slated to have a positive influence on sodium lauryl ether sulfate market outlook.

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Rising inclination toward natural and eco-friendly products to drive Asia Pacific cosmetic preservatives market

Ocean View, DE -- (SBWIRE) -- 07/02/2020 -- Cosmetic preservatives, a pivotal segment in the thriving cosmetics industry is undergoing massive revolution of late. Advancements in the field including launch of new related products, are on the peak across various economies of the world. This can be validated by a recent instance – a cosmetics leader, Symrise's launch of alcohol based multifunctional preservative for personal care and cosmetics market. As per reliable sources, the Germany based ingredients provider reportedly announced revelation of SymOcide BHO, which has been commercialized on a large scale owing to its protection against microbial contamination for a huge range of products.

This innovation has brought about a surge in the use of cosmetic preservatives over the years. The use of these ingredients is also elevating with an increasing demand for cosmetics due to transforming lifestyle changes and the need to have refreshing and beautiful skin.

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Inclusion of preservatives stands as an essential move in most products to prevent the damage caused by microorganisms while also ensuring foolproof protection of product from inadvertent contamination by the consumer during use. Absence of preservatives can also lead to product spoilage and possible irritation or infections of skin.

These ingredients are used at relatively lower levels in the products to ensure proper efficiency and productivity over the time. As per Cosmeticsinfo statistics, over 69 per cent of people believe that preservatives are safe and should be used in vivid products.

One of the abundantly used ingredients, parabens have found extensive use in the cosmetics for nearly 100 years now. Parabens are extracted from para-hydroxybenzoic acid that occur in fruits and vegetables and have gained widespread acclamation on the grounds of their ability to offer product protection against growth of fungi, bacteria, and yeast.

Reports suggest that parabens have been banned for use in various economies worldwide. Currently, the world is witnessing a brisk rise in the paraben free cosmetics on the attributes of the its ability to elevate cellular level damage caused by UV exposure, leading to skin cancer. However, emergence and penetration of natural cosmetic preservatives have completely changed the overall scenario of what the world perceived as 'regular'.
Aloe vera has emerged as a natural cosmetic preservative due to its medicinal value and provision of brightening up the skin. As per various studies, aloe vera in its juice, powder, or gel form is one of the most pervasive natural preservatives for personal care and make up products.

Manufacturers, given its natural benefits have begun experimenting with the product by mixing the aloe vera in cosmetics with some of the most controversial synthetic ingredients such as parabens to negate the synthetic effects while offering healthy skin.

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Touted to be a home ground for all ayurvedic experiments and developments, India is expected to emerge as one of the leading users of aloe vera cosmetic preservatives due to high availability of the plant and shifting inclination of consumer base towards use of products containing aloe vera in direct or extracted forms.

Moreover, various Indian skincare and personal care companies have been relentlessly working towards including the benefits of medicinal plant in their products. For instance, Emami, earlier this year launched Boroplus organic aloe vera gel. This novel product is expected to offer a holistic, one stop care solution for facial, body skin, scalp and hair all together. It has also been designed to heal the skin from inside effectively from external damage.

This strategic initiative not only enhances the stance of India in the overall cosmetic preservatives industry, but also augments the overall Asia Pacific cosmetic preservatives market.

Speaking on the similar lines, China is also set to record substantial proceeds in the upcoming years perhaps due to rising retail beauty sales in the country. As per several reports, cosmetics market in the country has been termed as one of the biggest and fastest-growing in the world with retail sales increasing at a CAGR of 4.2 per cent annually- as reported by Chinese National Bureau of Statistics. These trends are likely to expand the Asia Pacific cosmetic preservatives market in the upcoming years.

Related news:

https://www.marketwatch.com/press-release/pressure-sensitive-adhesives-market-is-likely-to-exceed-95-billion-by-2024-2020-06-15

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F&B sector to positively influence defoamers market over 2016-2024.

Sellbyville, DE -- (SBWIRE) -- 07/02/2020 -- The defoamer market from water-based defoamers are anticipated to observe high growth trends in the upcoming years due to their wide scale usage in the myriad application sectors such as pulp and paper, water treatment, and paints and coating. According to sources, the water-based products procured a substantial share in the global defoamer market during 2015 and is now expected to depict a CAGR of 4 percent through 2024.

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As per Global Market Insights, Inc., report, defoamer market to reach USD 4.3 billion in 2024, increasing at an anticipated CAGR of 4% over forecast period. Additionally, the document also includes pivotal information on the current market scenario, advancing technologies, expansive competitive landscape, industry strategies, growth prospects, and market segmentation.

The pulp and paper sector is likely to foresee noteworthy gains during 2016-2024 owing to the mounting use of defoamers across the sector. The product in pulp and paper manufacturing is brought to use as a surface active agent. As per reliable sources, the pulp and paper industry in 2015 accounted for a revenue share of USD 550 billion and is further expected to emerge out as one of the lucrative sectors for the defoamers market over the forecast period. This growth can be aptly credited to the burgeoning packaging demand along with the growing acceptance of door-step delivery and e-commerce industry.

The water-based defoamers are anticipated to observe high growth trends in the upcoming years due to their wide scale usage in the myriad application sectors such as pulp and paper, water treatment, and paints and coating. According to sources, the water-based products procured a substantial share in the global defoamer market during 2015 and is now expected to depict a CAGR of 4 per cent through 2024.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. Dow Corning Corporation
3. Ashland
4. Air Products and Chemicals
5. Evonik Industries AG
6. Kemira Oyj
7. Wacker Chemie AG
8. Bluestar Silicones
9. Elementis plc
10. Clariant
11. KCC Basildon

The food and beverages application sector since past few years has shown an exceptional growth graph. This growth is ascribed to the escalating development of the food and beverages additives market. It is prudent to mention that the food and beverages additives market registered a revenue share of USD 40 billion.

Elevating use of the defoamers as additive to restrict the froth formation in the packaged foods would upscale the revenue shares by the end of 2024. However, the stringent FDA laws limiting the use of the chemical beyond the specified concentration would hamper the business growth of the market.

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Leading companies are providing portfolio of plastic additives for automotive applications in the forms of stabilizers and UV absorbers.

Sellbyville, DE -- (SBWIRE) -- 07/02/2020 -- In the recently complied research report by Global Market Insights, Inc., plastic additives market size is likely to grow substantially by 2026. Brand owners and manufacturers have upped their investments in plastic additives and are adding it to base polymer plastics to enhance their attributes and make them ideal for a slew of applications.

Leading companies are buoyed by the fact that plastic additives reduce raw material costs, enhance processability, and extend the lifespan of the product. Given that majority of plastics are vulnerable to degradation when exposed to high temperature, oxygen, and UV light from sun rays, additives are being added to withstand the deterioration of the plastic and bolster the life span of the product.

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Trends

Of late, trend of plastic additives to act as flame retardants is likely to instill stakeholders' confidence. In view of popularity of plastics in transport, electrical and telecommunication applications, flame retardants are increasingly being included in plastics to keep up with the mandatory regulations.

End-users are exhibiting increased traction for recycled plastic in pipe extrusion in light of its environmentally-friendly and economic upsides. Several companies are adding impact modifiers and stabilizers to offer extra protection against degradation and propel the recycled plastics mechanical properties.
Growth drivers

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. Clariant
3. Bayer AG
4. Songwon Industries Co., Ltd
5. DowDuPont
6. Albemarle Corporation
7. Evonik Industries AG
8. Kaneka Corporation
9. Lanxess, Sabik Imprint
10. Exxon Mobil Corporation

Use of plasticizers such as trimellitic, phthalatic, benzoic to bolster the durability and flexibility of plastics is likely to add fillip to plastic additives market. Plasticizers are being used to make the film clingy and prevent bacteria from getting into the food. Accordingly, thriving food & beverage industry augurs well for plastic additives market.

The unseen protection provided by impact modifiers has created revenue generating opportunities for leading companies. Impact modifiers are being added to brittle plastics to boost the shock absorption ability. Notably, impact modifiers such as EPDM, SBS and butadiene rubber.

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Application of antioxidants is also likely to provide opportunities galore as these compounds are being used to derail the degradation of plastics at the time of processing. Prominent manufacturers are likely to invest in antioxidants such as trivalent phosphorous compounds and sterically hindered phenols. With antioxidants preventing thermal oxidation reactions, end-users are likely to warrant plastic additives.

With growing demand for plastic products in APAC in a range of end-use applications such as automotive and pharmaceutical, stakeholders will be eyeing to expand their footprints in India and China. Besides, demand for plastic additives in circuit boards, plastic telephone and cable insulation is likely to provide opportunity galore for stakeholders.

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