Future Outlook of the Global Phosphor Screen Scanner Market


Phosphor Screen Scanner
Phosphor Screen Scanner

Manufacturers are focused on product innovation and R&D to tap into upcoming market opportunities
Advancements in technology and R&D activities by market players is another trend boosting growth of the global phosphor screen scanner market. For instance, in 2014, Smartmatic International Corporation, registered a patent application for handheld phosphor screen scanner under the title; Portable apparatus for biometric and biographic data collection, storage and delivery, and method therefor. These aforementioned factors suggest that in order to tap into lucrative opportunities in the global phosphor screen scanner industry, manufacturers are expected to focus on product innovation and technological advancements through investments in research.
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Phosphor Screen Scanner Market Segmentation and Regional Outlook:
On the basis of screen types, the global market can be classified into general purpose screens and tritium screen types. General phosphors screen types are generally screen of choice used in phosphor screen scanners for northern blots, western blots, southern blots etc. Tritium phosphor screen types are used in detection of weak energy signals. Phosphor screen scanners are also segmented on the basis of applications, which include medical diagnostics, pharmaceutical research, and industrial applications.
The global market is also been classified and studied on the basis of regions. The regional classification includes North America, Latin America, Europe, Asia-Pacific and the Middle East and Africa. Asia Pacific market is expected to witness rapid growth due to growing medical diagnostic industry and rising awareness about phosphor screen scanner applications and advanced features.
Phosphor screen Scanner Market Competition Landscape:
Increasing applications and technological advancements in the medical devices field, as well as rising awareness about phosphor screen scanner advanced applications, offers a significant opportunity for product innovations and expansion to manufacturers in the near future. Manufacturers are focusing on tapping new opportunities and fulfilling market demand through product innovations. Few dominant players in the global phosphor screen scanner market include, Owandy, Examion, Apixia Inc, Soredex, GE Health Care, Konica Minolta, AGFA Healthcare, Philips Healthcare, 3Disc Imaging, 3D Systems, Durr NDT etc. These organizations also emphasize on strategies such as expansions, partnerships, and new product launches to retain a dominant position in the global phosphor screen scanning market.


The Growth of the global Antimicrobial Coatings Market is Rising Significantly

Antimicrobial Coatings Market
Antimicrobial Coatings Market

Antimicrobial coatings consist of a chemical compound or a blend of chemicals compounds that inhibit the growth of microorganisms on the applied surface. These are widely used in healthcare settings and also intensive research facilities, where sanitization of the working area is of paramount importance. These are also used in households, especially in areas such as bathrooms and kitchen areas that are constantly in touch with humans and can be breeding grounds for pathogens.
 Some of the most common types of bacteria that can be kept at bay using antimicrobial coatings are Pseudomonas aeruginosa (P.a.), Escherichia Coli (E.a), Bacillus subtilis, and Listeria. Biocides such as copper, silver, and Titania core shell particles are added to paint formulations to protect the applied surface from microbial attack and fungal and algal growth. They also help in preventing the product from stains and deterioration of the paint usually caused by these bacteria. Antimicrobial coatings are also applied to hard surfaces such as flooring to keep away germs, molds, and fungi. These highly versatile coatings can be used on various substances such as textiles, food, and construction materials.  Its application across such diverse sectors such as pharmaceuticals, construction, electronics, and food & packaging is a major factor fueling growth of the global antimicrobial coatings market.
In medical devices, antimicrobial coatings are largely used in catheters, pacemaker stents and parts, and medical trays, among others. The growth of the global antimicrobial coatings market is rising significantly, owing to the increasing demand from developed nations such as North America and Europe.  Governments in developing and developed countries such as India, china, UK, US and others are mainly focusing on the requirement of reducing hospital acquired infections, including bloodstream diseases, urinary tract infection, and pneumonia to name a few, which turns out be a major concern. Therefore, hospitals and clinics make the most usage of antimicrobial coatings.
A wide variety of antimicrobial coatings are available in the market, with copper and silver being the most widely used. Silver accounts for the largest share amongst all other types of antimicrobial coatings, due to it being a highly effective antibacterial agent and is also a toxic agent to fungi, germs, and algae.
Antimicrobial Coatings Market Outlook- Asia Pacific is expected to highlight potential market for the key players operating in the global antimicrobial coatings market
North America accounts for the highest demand for antimicrobial coatings owing to the booming end-user industries such as healthcare institutes, manufacturing units and others in the U.S. According to the U.S. Bureau of Labor Statistics, the healthcare industry in the country is estimated to witness a rapid growth over the following eight years. This is mainly attributed to the growing aging population coupled with increasing number of people suffering with physical and mental illness. This in turn, is expected to drive growth of the antimicrobial coatings industry.  The growth in antimicrobial coatings is driven by the increased demand from the indoor air / HVAC and medical application. Apart from medical applications, food & beverages and textiles industry especially in the U.S. and Canada also contribute to the market demand of antimicrobial coatings in North America.
APAC, led by China and India is expected to witness a significant growth during the forecast period owing to the increasing construction projects for commercial and corporate infrastructure along with residential buildings, growing food industry and expanding medical industry wherein, antimicrobial coatings are used in various applications to ensure safety and minimizing infections.
Major players operating in the global antimicrobial coatings market include AkzoNobel Coatings Inc., BASF, RPM International, Dow Chemicals, PPG Industries, Diamond Vogel, RPM International Inc., PPG Industries Inc., Royal DSM, and Sherwin-Williams Company.
Based on silver as an active antimicrobial ingredient, AgION has been developed by AK Coatings Inc. Carbon and rolled flat stainless steels are few products that are coated with AgION antimicrobial component.



Nanotechnology is Expected to Play an Integral role in the Antimicrobial Additives Market

Antimicrobial Additives Market

  1. Antimicrobial Additives Market



 Antimicrobial additives is witnessing escalating acceptance owing to rising awareness regarding increasing number of health related issues as hygiene issues across various emerging economies are becoming more prevalent. Also, with increasing population, the problems associated with the microbial contaminants have been gaining traction as contaminants such as bacteria fungi and algae pose serious threat to human health, construction, food, and packaging industries.
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  Antimicrobial additives aid in controlling the buildup and growth of bacteria on surfaces, such as plastics and metals. The demand for antimicrobial additives has been gaining steady traction, owing to amplifying usage across various end-use industries, spearheaded by the food and beverages industry. In the future, nanotechnology is expected to play an integral role in the antimicrobial additives market, as the technology is expected to pave the way for development of small particles to be used effectively as polymer additives. Moreover, production of plastics with highly efficient antimicrobial and fire retardant properties are projected to impetus on the back of rising usage of nanotechnology,
New Product Launches along with Partnerships & Collaborations are the emerging trends in the antimicrobial additives market
Innovative product launches along with increasing partnerships & collaborations are among the emerging trends in the antimicrobial additives market. Companies such as BASF SE and The DOW Chemical Company are focused towards launching new products to sustain in the competitive environment of the market. For instance, in April 2016, BASF SE launched MasterTop TC 417W, a transparent, water-based polyurethane topcoat that has antibacterial activity in lines with the ISO 22196:2011. In May 2015 Dow Microbial Control, a business group of The Dow Chemical Company, launched Antimicrobial to aid in controlling microbial biofilms, bacteria, fungi, and algae.
Antimicrobial Additives Market Outlook – High growth of end-user industries coupled with augmented usage of silver-based products as antimicrobial additives
Growth of end-use industries such as food packaging, consumer foods and pharmaceuticals is in turn propelling growth in demand for antimicrobial additives. Rising demand for plastic packaging in consumer goods and emergence as a replacement to glass and metals in medical ventilators, heart-lung machines is backing the rising demand for antimicrobial additives. Also, amplifying use of silver-based antimicrobial additives owing to its ability to inhibit microbial growth is complementing growth in the market. Increasing demand for silver-based antimicrobial products owing to properties such as non-toxicity, longevity and eco-friendliness is expected to steer growth in the antimicrobial additives market during the forecast period.
Geographically, Asia-Pacific and MEA region are the key regions in the antimicrobial additives industry. Growing use of antimicrobial additives across the end-user industries such as packaging, healthcare, construction and automotive is the key revenue contributor in these regions. Furthermore, environmental factors such as poor sanitation, air pollution and climatic changes are supplementing rising usage of antimicrobial additives. On the other hand, presence of stringent regulations across various North American countries and increasing fluctuation in the prices of raw materials is expected to inhibit growth of the market. For instance, United States Food and Drug administration regulated the antimicrobial additives under section 409 of Federal Food, Drug, and Cosmetic Act and all other related as the pesticide chemicals under section 408 of the FFDCA. Additionally, fluctuation in prices raw materials such as zinc and copper is inhibiting the growth of antimicrobial additives market. Leading companies in the market include BASF SE, The DOW Chemical Company, Clariant AG, Microban International, Sanitized AG and A. Schulman, Inc.

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Reinforcement Material Market Outlook – Need for Robust materials Expected to Boost Demand


Reinforcement Material Market
Reinforcement Material Market

Reinforcement provides improved and tailored material properties with manufacturing flexibility. Particulate composite reinforcements are also used in conventional engineering methods such as injection molding, which has resulted in overall reduction in operational costs. Natural fibers such as flax, jute, kenaf, hemp, and sisal offer various benefits such as reduction in weight, cost, and recyclability. Reinforcements are used in composite materials to enhance properties such as stiffness and strength. Depending on the alumina-lime-borosilicate composition, glass fibers are considered the major reinforcements for polymer matrix composites, owing to properties such as low susceptibility to moisture, high electrical insulating properties, and superior mechanical properties.
Sheet structures of reinforced materials are used as heat shields, insulation shields for spark plug leads, and turbocharger hoses. Reinforcement materials are used in tires for trucks and cars, owing to properties such as superb abrasion, puncture and tear resistance resulting in long life. Military applications of reinforcement include a lightweight armor solution for protection against ballistic attacks. Continuous reinforcements are used in non-prestressed reinforced concrete for improving the load-carrying capability of the structure by providing high tensile strength and discontinuous reinforcements are added to improve the toughness needed to alter crack paths and cracking mechanisms.

Reinforcement Material Market Taxonomy
On the basis of material, the global market is segmented into:
  • Carbon fiber
  • Glass fiber
  • Natural fiber
  • Aramid fiber
  • Steel rebar
On the basis of end use industry, the global market is segmented into:
  • Automotive
  • Aerospace
  • Consumer goods
  • Construction
  • Transportation
In automotive application, glass reinforced plastics are widely used in bumpers, dashboards, body panels and intake manifolds. Brakes are manufactured from particulate composite consisting of carbon or ceramics particulates. Various plastic components are used in consumer products such as appliances, computer housings, toys, electrical products, cell phone casings, helmets, and office furniture. Natural fiber composites consisting of thermoplastic and thermoset matrices are used for door panels, seat backs, headliners, package trays, dashboards, and interior parts. Carbon fibers are made from organic precursors, including PAN (polyacrylonitrile), rayon, and pitches and offer highest stiffness, and strength among all the reinforcement materials.
Reinforcement Material Market Outlook – Need for Robust materials Expected to Boost Demand
Asia Pacific is one of the major contributors to the global reinforcement material market. Rapidly flourishing urbanization and modern infrastructure coupled with increasing investments in high end for products for defense sector in emerging economies such as India and China has boosted the growth of reinforcement material in the region. According to IBEF, the Indian construction industry is associated with many foreign investors such as Hines (USA), Emaar Properties (UAE), Veolia (France), Alstom (France), Aqualyng AS (Norway), Ascendas (Singapore), Tishman Speyer (USA), The Trump Organization (USA), Hydro-Comp Enterprises (Cyprus), GIZ (Germany). This will give rise to new opportunities for the manufacturers in the reinforcement material market. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
High initial price is one of the restraining factors for the reinforcement material market globally. Product innovation and increasing global reach are some of the strategies adopted by the top players in the reinforcement material industry. Research is being made on developing conductive reinforcements in plastics. Some of the companies operating in the global reinforcement material market are Teijin Limited, Toray Industries, Inc., Cytec Industries Inc., Honeywell International, Inc., Bast Fiber LLC, AgroFiber SAS, NFC Fibers GmBh, E. I. du Pont de Nemours and Company, 3B-The Fiberglass Company, Owens Corning, BASF SE, Jushi Group Co., Ltd., Mitsubishi Rayon Co. Ltd., Hyosung Corporation, and NJR Steel Holdings (PTY) Ltd.


Ethylene Tetrafluoroethylene Market Outlook – Need for Robust and Lightweight Materials Expected to Boost the Demand


Ethylene Tetrafluoroethylene (ETFE) Market

Ethylene Tetrafluoroethylene (ETFE) Market


Rapidly growing construction, automotive, and chemicals industries coupled with rising demand of lightweight and durable materials has boosted growth of the ethylene tetrafluoroethylene market, Asia Pacific being one of the largest contributors to the market. This is mainly attributed to rampant growth of the automotive and construction industries in the region. According to India Brand Equity Foundation (IBEF), the Indian plastics industry exported plastic products worth USD 7.64 Bn. Factors such as availability of materials and cheap labor have attracted the manufacturers towards the region, thus boosting growth of market. 
Fluctuating raw material prices is a major restraining factors for growth of the global ethylene tetrafluoroethylene industry. Research and development for increasing the applications of ETFE is one of the key strategies followed by the top players in the market. Foiltec is presently testing the capabilities of attaching photovoltaics to ethylene tetrafluoroethylene panels for use as an insulating 'nanogel' which will enhance thermal properties of the panels. Some of the major companies operating in the global ETFE market are Daikin Industries Ltd., E. I. du Pont de Nemours and Company, Dyneon GmbH, Quadrant AG, Asahi Glass Company, Guangzhou Lichang Fluoroplastics Co. Ltd., Hubei Everflon Polymer Co. Ltd and Ensinger GmbH.

Ethylene Tetrafluoroethylene Market Taxonomy
On the basis of type of material, global market is classified into:
  • ETFE Extrusion Molding
  • ETFE Injection Molding
 On the basis of product type, the global market is segmented into:
  • ETFE Granule
  • ETFE Powder
On the basis of application, the global market is segmented into:
  • Tubes
  • Film & Sheet
  • Wire & Cable
  • Coating
On the basis of end use industry, the global market is segmented into:
  • Construction
  • Automotive
  • Nuclear
  • Aerospace
  • Chemicals
Ethylene Tetrafluoroethylene wires are used in aviation wiring, aerospace, nuclear, electronics, medical, and appliance wiring. It offers high purity, excellent chemical and abrasion resistance, high impact strength, good resistance to permeability, and resistance to heat sterilization and radiation. Ethylene tetrafluoroethylene coating is used as a dual laminate and bonded to FRP for use in pipes and tanks. It is sterilizable with further processing which includes gamma irradiation, ethylene oxide, and autoclaving. Due to high degree of chemical inertness ethylene tetrafluoroethylene tubing is used in a medical setting and is Class VI approved.


High Costs in Manufacturing and High Investment in Research and Development Hamper Growth of the Smart Materials Market

Smart Materials Market
Smart Materials Market

Smart materials have the ability to alter one or more properties when a controlled external stimuli such as stress, temperature, moisture, pH, electric and magnetic fields are applied on the material. Piezoelectric, magneto-rheostatic, electro-rheostatic, and other shape memory alloys are the most widely used smart materials. Properties such as viscosity, volume, and conductivity can be altered as per requirement in end applications. The smart material market is segmented on the basis of type, which includes biomimetric materials, piezo-electric materials, thermally responsive materials and others. The piezoelectric materials segment dominated the smart materials market. Smart materials are adaptive to different environmental and operational conditions. 


Increased investments in R&D to innovate new smart materials has resulted in broadened applications in automotive, construction, healthcare, aerospace, and chemical industries. Shape memory alloys have wide range of applications in manufacturing actuators and motors. Piezoelectric and electro-rheostatic materials are widely used in permeated households and automotive applications. Universities and key players are conducting research on smart materials to increase the elasticity of the materials to increase the application of smart materials to be used in health care industry for artificial muscles in prosthetics. Automobile industry is leaning towards replacing conventional materials with smart materials to manufacture high quality vehicles termed as 'smart vehicle'.

Prevalent Scenario in Smart Materials Market
Increasing technological advancements have resulted in increased use of developed materials rather than conventional materials such as polymers, metal, and glass in various industries such as automotive, consumer electronics, and healthcare, among others. The property of smart materials to change one or more of its properties due to external stimulus is driving the usage of smart materials for various applications such as transducers, actuators & motors, structural materials and others. The use of smart materials require high investments. Various governmental and non-governmental bodies are focusing on increasing awareness and fuel uptake of smart materials. 
For instance, Centexbel launched a new TIS action along with Sirris to educate companies about the various applications of smart materials that are available commercially. The increased demand for consumer electronics and wide range of applications for smart sensors by the end users act as a driving factor for growth of the smart materials market. The introduction of internet of things (IoT) and the increased demand for connected devices is driving market growth globally. Europe contributes a major market share, due to its growing automobile and electronics industries as well as energy sector. Asia Pacific market is expected to be the fastest growing market for smart materials, due to growing electronics market and improved standard of living in emerging economies such as China and India. Use of smart materials in the healthcare sector has led to innovation of medical devices. The key restraint for smart materials lies in manufacturing costs for large quantities in different applications at effective yields. High costs in manufacturing and high investment in research and development hamper growth of the smart materials market. The market has high potential and large numbers of manufacturers are focusing on offering innovative products to enhance their market share. The new prospects for smart material products would have its applications in the engineering sector for manufacturing control devices, self-detection, self-diagnostic and other devices.
Fragmented Market
The global smart materials market is highly fragmented due to the participation of many established and emerging players in the smart materials market. Major players involved in the market include TDK Corporation (Japan), CTS Corporation (U.S.), Optotune AG (Switzerland), AMM Technologies (Italy), Lord Corporation (U.S.), Fort Wayne Metals (U.S.), AI Technology Inc. (U.S.), AVX Corporation (U.S.), Advanced Cerametrics,Inc., (U.S.), Wright Medical Group (U.S.).




Waterborne Coatings Market Outlook -Asia Pacific is the Largest, and Fastest-Growing Region in Waterborne Coatings Market

Waterborne Coatings Market
Waterborne Coating
Asia-Pacific is the largest and fastest-growing region in the global waterborne coatings market. The growing construction and automotive end-use industries is the major driving factor for growth of the waterborne coatings market in the region, with India and China being the key growth engines. As per stats released by Indian Brand Equity Foundation—part of the Department of Commerce, Ministry of Commerce and Industry, Government of India—the real estate market is expected to be valued at US$ 180 billion by 2020. According to stats released by Department of Industrial Policy and Promotion (DIPP), the automotive sector in India has attracted FDI worth US$ 15.79 billion, during April 2000–September 2016.
This, along with rapid economic growth in the region creates a highly conducive environment for market growth. The growth in the sales of automobiles has increased the demand for coatings resistant to UV radiation and extreme environmental conditions. Waterborne coatings offer protection against bad weather and UV rays, making them the most applicable for automobiles. Thus resulting in the growth of the waterborne coatings market in the region.
The fluctuating prices of raw materials of different pigments, additives, and resins is a major restraining factor for this market growth. The lack of awareness regarding the uses and benefits of waterborne coatings, is the major challenge faced by the market. Some of the major players operating in the global waterborne coatings materials market are BASF SE, AkzoNobel N.V., Axalata Coating System LLC, PPG Industries, The Valspar Corporation, Sherwin-Williams Company, Nippon Paints Co. Ltd., Kansai Paint Co. Ltd., Tikkurila OYJ, and Berger Paints India Ltd.
Waterborne coatings are coatings that contain around 80% water and small quantities of other solvents such as glycol ethers, which are applied to a surface to disperse a resin. Due to its water content, these coatings are. Waterborne coatings possess properties such as low VOC, very low odor, and non-flammability, along with high water content, making it eco-friendly and easy to apply. Waterborne coatings dry at a very fast rate and can be re-coated as well.
Waterborne coatings are used in a myriad of applications, considering properties that make it a perfect primer such as high resistance to heat and abrasion, excellent adhesion, as well as low toxicity and flammability due to low VOC levels and HAP emissions. The U.S. and Europe are very stringent about regulations on coatings, accepting the widespread use of waterborne coatings as they have a VOC content of less than 3.5 pounds per gallon of water. Relatively small amounts of waterborne coatings are capable of covering large surface areas as compared to equal quantity of solvent-borne coatings. In most cases, these coatings cost less than solvent-borne coatings and require no additives, thinners, or hardeners. Waterborne coatings such as acrylic coatings, polyester coatings, polyurethane coatings, alkyd coatings, and epoxies are used in a wide spectrum of applications such as architectural, marine, protective, and automotive.




Adhesives and Sealants Market Outlook -Surging demand in Automobile and Construction Industry Augmenting Market Growth

Adhesives and Sealants Market
 Adhesives and Sealants Market
Asia Pacific is expected to be one the major revenue contributors due to the presence of emerging economies and supportive government policies in the region. For instance, Make in India initiative by Government of India aims to boost the manufacturing of  passenger vehicles to 9.4 million in the country, by 2026. Moreover, due to rampant economic growth and rapid urbanization in in India and China, the demand for adhesive and sealants in Asia Pacific, is expected to witness tremendous growth over the forecast period.  The growth of the market is also fueled by burgeoning growth experienced in various end-use industries in the region. Demand for modern buildings and commercial complexes with glass exteriors is increasing, in turn driving growth of the global adhesive and sealants market.

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Adhesives and Sealants Market – Regulatory Scenario:
  • United States Environmental Protection Agency (EPA), September, 2008, published Control Technique Guideline (CTG) for industrial adhesives with requirement on Volatile Organic Compound (VOC) content of adhesive application method at facility, to sustain VOC emission of 15 lb/day or less.
  • United States Environmental Protection Agency (EPA), September 20, 2011, enforced regulation on use of adhesive and sealants, which contains chloroform, ethylene dichloride, methylene chloride, perchloroethylene or trichloroethylene.
  • United States Environmental Protection Agency (EPA), January 1, 1993, banned the use of adhesives, sealants, adhesive bonding primers, adhesive primers, sealant primers, or any other primer with a VOC content of over 250 g/L less water and less exempt compounds.
  • The Council of The European Communities on May 16, 1983, amending directive 77/728/EEC on the approximation of the laws, regulations, and administrative provisions of the Member States relating to the classification, packaging, and labelling of adhesives, paints, varnishes, printing inks and similar products (83/265/EEC).
Some of the key companies leading the market are 3M, The Dow Chemicals Company, Henkel AG & Co. KGaA, Avery Dennison, Royal Adhesives & Sealants LLC, Ashland Inc., Akzo Nobel NV, Arkema SA, BASF SE, Bemis Company Incorporated, Berry Plastics Corporation, RPM International, DuPont, and Evans Adhesive Corporation Limited, among others. Manufacturers are working closely with OEMs and R&D centers of major automotive players, to bridge the demand gap and offer tailored- products.


The Industrial Lubricants Market is Expected to Exhibit Growth at a Substantial Rate

Industrial Lubricant Market
Market Trends
Industrial lubricant market is experiencing an increase in the demand of dry and bio-based lubricants. Due to EU regulations bio-lubricants have been used in Europe for the past 20 years.  Various regulations and schemes such as the EU Ecolabe in EU countries and growing environmental concerns has resulted in the growing adoption of industrial bio-lubricants
Dry industrial lubricants comprise of graphite and molybdenum, amongst others that offers excellent lubrication properties at temperatures of around 350 °C, which is greater than their liquid and oil-based counterparts. This has resulted in increased R&D activities in the field of dry industrial lubricants. For instance, the Technical Standards Development and Application Demonstration Base of Graphene-Modified Lubricant was launched at LiuGong’s global R&D Centre in Liuzhou, in July 2018. It was built by the China Innovation Alliance of the Graphene Industry in association with Guangxi Liugong Machinery.
Several additives are added to industrial lubricants in order to impart the required performance characteristics to the lubricants. Currently, automotive lubricants contain around 10 additives, which accounts to around 20% of the lubricant. Some of the additives used in lubricants include pour-point depressants, corrosion inhibitors, and friction modifiers, amongst others.
Market Outlook
The industrial lubricants market is expected to exhibit growth at a substantial rate. in Asia Pacific region. The Asia Pacific is expected to be the fastest growing region in the global industrial lubricants market during the forecast period. This is due to growth of the automotive sector in the region. According to the Alliance of Automobile Manufactures, since 2006, Asia Pacific has witnessed significant increase in number of passenger cars, which accounted for around 50% of the world’s passenger cars in 2016.  The Alliance of Automobile Manufactures also states that the Asia Pacific region was also dominant the market for motorcycles, which accounted  for around 80-90% of the total motorcycle production and consumption, globally in 2015. These factors are expected to increase demand for industrial lubricants in the region.
Key Players
Some of the major players operating in the industrial lubricants market include British Petroleum Plc, Cargill Incorporated, Chevron, Total S.A., Binol Biolubricants, Conocophilips Company, Exxon Mobil Corporation, Fuchs Lubricants, Sinopec Corporation, Indian Oil Corporation, Miller Oils, Panolin International, Petrobras, Petrochina Company, Renewable Lubricants Inc., Royal Dutch Shell, and Statoil Lubricants, among others.
 Market Taxonomy
Global industrial lubricants market is segmented into:
Base Oil
  • Mineral
  • Synthetic
  • Bio-based
Lubricant Type
  • Hydraulic Lubricants
  • Metal Cleaners
  • Gear Lubricants
  • Compressor Lubricants
  • Turbine Lubricants
  • Grease
    • Soap Thickener
    • Non-soap Thickener
    • Inorganic Thickeners


A Major Driver for Growth of the Global Plastisols Market is Increasing Demand From End-Use Industries



Plastisols are dispersions of fine particle size Polyvinyl Chloride (PVC) resins in plasticizing liquids. Plastisols may be fused in relatively thick sections without concern for solvent or water blistering, they are commonly referred to as 100% solids materials. There are a variety of techniques used to process plastisols such as coating, dipping, pouring, and spraying. Plastisols offer flexibility, toughness, abrasion, and chemical resistance and unlimited color possibilities. 
Aside from molding, plastisol is commonly used as a textile ink for screen-printing and as a coating, particularly in outdoor applications (roofs, furniture) and dip-coating.


 Plastisols are resistant against climatic conditions and also have good chemical resistance properties making it preferred material for manufacturing caps, handles, grips and shaped technical components, anti-corrosive, chemical-resistant, protective and decorative plastic covers for metal objects. Plastisol inks come in formulations that can be printed on light and dark fabrics and can be left in the screen for extended periods of time without clogging the mesh. Plastisol is the ink of choice for printing of finished goods such as t-shirts, sweatshirts, jackets, and tote bags.

Market Dynamics  
  • A major driver for growth of the global plastisols market is increasing demand from end-use industries. End-use industries such automotive and textiles have a wide range of applications, where polyvinyl chloride plastisols are used for the manufacture of automotive component covers, hand grips, cable shrouds, gear lever, bellows, gaiters, sleeves, and end caps in brightly colored and high-gloss dip moldings. The textile industry uses plastisols for treating woven, non-woven and knitted textiles (geotextile grates and water insulation wraps) and for layering textile or paper.
  • However, the toxic nature of polyvinyl chloride is a major factor restraining growth of the magnetic material market. Garments coated with plastisol inks do not decompose and are difficult to recycle. If clothing designed with polyvinyl chloride plastisol ink is incinerated, the trapped dioxins plus hydrochloric acid (a primary component of acid rain) are released into the atmosphere.
Market Outlook
  • According to Coherent Market Insights analysis, Asia Pacific held the dominant position in the global plastisols market in 2017. The Asia Pacific is projected to maintain its dominance throughout the forecast period, owing to increasing housing and infrastructure activities (hotels, stadium, and restaurants) and textile industry.
  • Among end-use industries, the textiles segment is projected to gain major traction over the forecast period, owing to high-performance requirements in the apparel industry. According to the Global Garment Industry factsheet, world garment market was valued at around US$ 1.7 trillion. Increasing demand from the textile industry is fueling the global plastisols market growth.
  Key players in Global Plastisols Market
  • Key players operating in the global plastisols market include PolyOne Corporation, Fujifilm Corporation, DOW Corning Corporation, PolyBlend UK Ltd, Plastisol Products Inc., Croda International Plc, Monarch Color Corporation, Huber Group International Coatings Company, Polysol Polymers, Rutland Plastic Technologies, U.S. Plastic Coatings, and Hernon Manufacturing, Inc.
  • In February 2017, Monarch Color Corporation launched the plastisols ink for the t-shirt screen printing market with three versions of 100% cotton, 50/50 cotton-poly blend, and a 100% polyester low-bleed version. Polyvinyl plastisols are also used for vacuum twist off caps. These are used in highly sterilizable filling goods, provides great elasticity and flexibility of the sealant, and guarantee long-term storage without loss of vacuum.


Dammar Gum Market by By Top Key Players Nexira Inc., Sennelier, Cornelissen & Son, William Bernstein Company, Spectrum Chemical Mfg. Corporation, PT. Samiraschem Indonesia, and Bandish Enterprises



Dammar gum or damar gum is a dried exudate obtained from trees of species including Shorea, Hopea, and Agathis especially in India and East Asia. Dammar gum is obtained by tapping trees of Dipterocarpaceae family or fossilized form is collected from ground. It comprises mixture of neutral and acidic compounds together with polysaccharide materiel. It contains triterpenoid resins and its oxidation products such as dammarane, oleanane, dammarenolic acid, oleanonic acid. Dammar gum is often used as additive in food, incense, varnish, ink, polish, and paint to provide glazing, stability, and others. Such extensive applications are projected to expand global dammar gum market size in the near future.

Market Dynamics
Dammar gum is used in paint, ink, varnish, polish, and finishing compositions. It provides superior gloss and color retention, adhesion, flexibility and resistance to fumes, grease and scuffing. It is used in white enamel and pastels, owing to its properties such as fume resistance and good binding value. Furthermore, it is used in polypropylene, polyethylene, and other plastic composite to improve adhesion and liquidity. 
It is also used for hurdling soft waxes for utilization in the manufacturing of shoe polishes, typewriter ribbon, carbon paper, plastering of walls and roofs, as material for cementing of plywood asbestos sheets and as a sealant for caulking boat. Wide array of applications of dammar gum is driving global dammar gum market growth. Dammar gum is used as glazing or clouding agent in food and beverage industry. It is also used in Beeswax Food Wraps along with beeswax and jojoba oil. According to European Union, food and beverage industry was valued at US$ 1277.24 billion in 2014, which increased to US$ 1280.74 billion in 2015, this in turn is fuelling growth of the global dammar gum market.
Key Players and Business Strategies
  • Large number of local and small manufacturers and suppliers are operating in the dammar gum market. Key players operating in the global dammar gum market include Nexira Inc., Sennelier, Cornelissen & Son, William Bernstein Company, Spectrum Chemical Mfg. Corporation, PT. Samiraschem Indonesia, and Bandish Enterprises others.


Crotonaldehyde Market Outlook – Rising Demand in Chemicals and Allied Industries to be the Major Market Driver


Crotonaldehyde appears as a clear, colorless to pale yellow liquid with a strong and suffocating odor. It is also known as 2-Butenal and 3-Methylacrolein. At room temperature it is extremely flammable and produces toxic vapors. Crotonaldehyde can be found naturally in emissions of specific vegetation and volcanoes and also many in foods in small amounts. Commercially crotonaldehyde is produced by aldol condensation from acetaldehyde. It has poor solubility in water. But it is easily soluble in organic solvents including alcohols and ether. Crotonaldehyde is mostly used in the manufacture of crotonic acid and sorbic acid by oxidation.

Crotonaldehyde is an excellent solvent for numerous mineral and vegetable oils, waxes, fats, natural and synthetic resins and for elementary sulphur. It is also used to detect gas leaks in pipes. Owing to solid bond within C-4 chain and bi-functional group of aldehyde, crotonaldehyde is effectually used as a starting product in many organic reactions and synthesis.

Crotonaldehyde Market Taxonomy
On the basis of end-use industry, the global crotonaldehyde market is classified into:
  • Pharmaceuticals
  • Rubber
  • Chemicals
  • Leather
  • Agriculture
Crotonaldehyde is majorly used as a precursor to fine chemicals. Crotonaldehyde is also used in the production of quinaldines, thiophenes, pharmaceuticals, pyridines, dyes and pesticides. Crotonaldehyde has application in the production of crotonic acid and is used as a flow-promoting agent and comonomer for alkyd resins. Crotonaldehyde is used as a warming agent in fuel gases and in organic synthesis as a solvent. In the agricultural industry, it is used for crop protection and when reacted with urea forms crotonylidene ureas— a slow-release fertilizer.

Wide array of applications in the chemicals and pharmaceutical industry is fueling the growth of crotonaldehyde market, especially in Asia Pacific and Middle East regions. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the crotonaldehyde market. In June 2017, announced a Clenases Corporation announced a joint venture (JV) between Celanese’s Cellulose Derivatives and Blackstone’s Rhodia Acetow businesses. This was intended for the creation of a global acetate tow supplier coupled with improved service to customers and more opportunities for productivity and innovation. Celanese and Blackstone will own 70% and 30% of the Joint venture, respectively. Some of the major companies operating in the global crotonaldehyde market include Finetech Industry Limited, Alfa Aesar, Sigma-Aldrich, GODAVARI BIOREFINERIES LTD., Tokyo Chemical Industry, Nantong Acetic Acid Chemical Co., Ltd., Ambinter, abcr GmbH, Celanese Corporation, Chemhere, Amadis Chemicals, MolCore, Haihang Industry Co., Ltd. and Vitas-M Laboratory.



Succinic Acid Market -Global Industry Insights, Trends Size


Succinic Acid Market
Succinic acid, also known as succinate is present in the tissues of animals and plants, where it plays a key role in the metabolic process. The name succinic acid is derived from the Latin ‘succinum’, meaning amber, and earlier it was also known as "spirit of amber." Succinic acid is either extracted from amber, manufactured synthetically or prepared through a fermentation process. Succinic acid is used as a supplement to treat arthritis and other pain as well as the hot flashes and irritability associated with menopause. Succinic is also used to some extent in the textile industry for shrink proofing wool and as a modifier for various processes such as improving dyeing ability of polyester resin, improving fire resistance, viscosity and stability of caprolactum.
Succinic acid is used to make lacquers, resins, and other coatings as its use advances the hardness and flexibility of these materials and reduces drying times compared to similar products that use petrochemicals. It is also used in the manufacture of adhesives and sealants, dyes, in photography and in the manufacture of some polyesters. It is used as an additive to regulate acidity in foods and medicines for humans and animals.
Succinic acid is widely used in the food and beverage industry as a pH and acidity regulator in various food production processes. In addition to this, it is also used in biodegradable solvents and lubricants, adhesive and powder coating, corrosion inhibition, for curing epoxy resins and as a plasticizer for polymers. In agriculture succinic acid is used as root stimulator for grapes, in seed treatment to enhance germination, as a component for barley seed antismut treatment, soil chelating agent and for accelerating and regulating plant growth.
Succinic Acid Market Outlook – Increasing Pharmaceutical Applications to be the Major Market Driver  
Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the anticipated growth in pharmaceutical industry, especially in developing countries such as China and India. According to IBEF, US$ 55 billion will be generated by the Indian pharmaceutical industry by 2026. In addition to this the growing medical tourism in India has boosted the growth of succinic acid market in the region. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
Various applications of succinic acid in pharmaceutical, inks and dyes are fueling the growth of succinic acid market, especially in Asia Pacific and Middle East regions. Development of bio-based succinic acid for various applications is a key strategy adopted by the major players in the succinic acid market. BioAmber, a leading manufacturer of succinic acid  which has application in the production of industrial lubricants, paints and coatings, cosmetics and personal care products, sealants, adhesives, artificial leathers, food and flavor additives, biodegradable plastics, nylons, dyes & pigments, phthalate-free plasticizers and pharmaceutical compounds. Some of the major companies operating in the global succinic acid market include Mitsubishi Chemical Holdings, Kawasaki Kasei Chemicals Ltd., BioAmber, Myriant , Reverdia (Netherlands), Succinity, Nippon Shokubai, , Linyi Lixing Chemical Co., Ltd, , Anhui Sunsing Chemicals, and Gadiv Petrochemical Industries Ltd.



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