Lithium Mining Market Overview by Brands, Regions, Applications, Types, Forecast to 2023

Worldwide Lithium Mining Market Overview to 2023:

Lithium is the lightest metal produced from various sources such as brines and hard rocks. It provides significant properties such as excellent performance, strength, and durable nature of the finished material. Moreover, they provide versatility and reliability to the product.

The Global Lithium Mining Market has been driven by the range of its application in various uses such as batteries, glass, grease, air conditioning equipment, and others. Moreover, it is estimated that the batteries segment is set to witness the highest growth in the market due to the growing consumption of lithium to impact economic and extended life nature to the product.

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Global Key Player Analysis:

·         Albemarle Corporation

·         SQM

·         FMC Lithium

·         Tianqi Lithium Corporation

·         Jiangxi Ganfeng Lithium Co., Ltd.

·         LITHIUM AMERICAS

·         MGX Minerals Inc

·         Nemaska Lithium

·         Galaxy Resources Limited

·         Wealth Minerals Ltd

Market Scenario:

The brines segment is the most widely adopted source where lithium is produced. Its cost-effective nature and ease of application are the major factors behind the popularity of this segment, which makes it suitable for various applications such as batteries, glass, and others.

The Lithium Hydroxide is the leading segment of the market on account of its growing consumption in Li-Ion cathode applications. These materials provide enhanced energy, strength, and flexibility to the product.

The batteries segment is the leading application in the market and is anticipated to observe a higher CAGR due to extensive use of lithium to impart long life and minimal maintenance to the product.

Market Segmentation:

The Global Lithium Mining Market is segregated into the source, type, and application. On the basis of the source, the market is further categorized into brines, and hard rocks segments. On the basis of the type, the market is segmented into lithium hydroxide, lithium carbonate, and other segments. On the basis of the application, the market is segregated into batteries, glass, grease, air conditioning equipment, and others. 

Regional Analysis:

The Global Lithium Mining Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for the lightest metal in various applications. Countries such as China, Japan, and India are the major players in this region. The North American region is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to increasing demand for lithium in glass, grease, air-conditioning equipment, and other systems. The enactment of new rules and regulations set by the European Union has driven the manufacturers to use reduced weight materials in end-use industries. Moreover, it is projected that the advancing research & development of lithium-ion technologies in the market has propelled this region to witness a significant growth in Germany, the U.K, and Italy.

The Middle East & Africa is estimated to observe a significant growth due to an increased consumption of lithium in smartphones, tablets, and other electronics accessories. Additionally, the growing demand for lightweight metal in glass and ceramics industries is projected to boost the market in the Latin American region.

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Liquid Nitrogen Market by Manufacturers, Regions, Type, Application and Forecast till 2022

Market research future published a raw research report on Global Liquid Nitrogen Market that contains the information from 2016 to 2022. Liquid Nitrogen market is expected to grow with the CAGR of approximately 6% from 2016 to 2022.

One of the factors which drive the growth of liquid nitrogen is growing demand from healthcare sector. This is due to the growth in the pharmaceutical industry and the extensive use of liquid nitrogen as a cool reactors. Other factors which drives the growth of this segment are growing demand of electronic products, metal fabrication, automotive, and lighting. There is also rapid increase in the demand due to rapid urbanization, growing industrialization, increase in infrastructure and medical activities. In developing and under-developed region due to growing chemical industry, there is an opportunity for liquid nitrogen to grow rapidly.

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The report has been analyzed based on function, production technology, end-use and region. On the basis of function, coolant is expected to witness the highest market share between 2016 to 2022. This is because coolant is widely used in different end-use industry. Based on production technology, cryogenic distillation witnesses the highest market share because it is useful for high purity oxygen, nitrogen and argon for various industries. On the basis of end-use, chemical & pharmaceutical sector is expected to grow at a fastest rate market and dominate the market because of the growth in the pharmaceutical industry.

North America is dominating the Liquid Nitrogen Market.

North America is expected to witness the highest CAGR during the forecast period because there is a huge demand of liquid nitrogen in this region. Asia-Pacific is expected to grow at a fastest rate during the forecast period due to growing developmental activities and rapid expansion of the economy in Asia-Pacific region. Due to increase in income in this region, the demand for the product is increasing. Also, the growth of liquid nitrogen will indirectly increase due to increased demand of products like food, aerated beverages and electronics.

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Ø  Linde Ag

Ø  Praxair Inc.

Ø  Air Liquide S.A.

Ø  Nexair LLC

Ø  Taiyo Nippon Sanso Corporation

Ø  Messer Group

Ø  Air Products and Chemicals Inc.

Ø  Gulf Cryo

Ø  Emirates Industrial Gases Co. LLC.

Ø  Southern Industrial Gas Berhad

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global liquid nitrogen market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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Expanded Polystyrene Market Trends, Key Country Analysis, Competitive Landscape and Comparative Analysis by 2023

Synopsis of Expanded Polystyrene Market:

Expanded Polystyrene (EPS) is a thermoplastic product manufactured by using polystyrene beads. It is composed of a large number of styrene monomers which are linked together to form polystyrene by polymerization process. The lightweight, durable, moisture resistance, versatile and easy use properties of the product are the important trends and factors influencing the market confidently. Therefore, they are used in various applications such as construction & buildings, packaging, automotive, and others.

As per our analysis, the Global Expanded Polystyrene Market is bifurcated into type and application. The market by type is further divided into white, grey, and black Expanded Polystyrenes. Among these, the white Expanded Polystyrene segment holds a major portion of the market on account of its growing use in packaging applications such egg trays, fast foods owing to its cost effective, convenient to use, and versatile nature. Moreover, the grey Expanded Polystyrene segment is predicted to witness a moderate growth in the market due to its high cost of production. Construction & buildings, packaging, automotive, and others are segregated on the basis of application. Among these, the packaging segment is set to grow at a higher rate on account of growing demand for vegetables, fish, poultry, and others. The automotive segment is set to grow at a higher CAGR on account of increasing substitution of heavy metals by lightweight materials. Additionally, the construction & buildings is predicted to witness a rapid growth due to growing consumption of polystyrene in roofs, walls, and other structures. 

Regional Analysis:

The Expanded Polystyrene Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market due to the growing consumption of lightweight materials in construction & buildings, packaging, automotive, and others. The packaging segment holds the major portion of the market due to growing replacement of cardboard products in the industry. Thus, this segment is predicted to witness a rapid growth in the market during the forecast period. Therefore, countries such as China, Japan and India are the major players in this market.

The North America region is growing significantly due to an increased consumption of polystyrene in packaging, construction & buildings, and others. It is predicted that rising disposable income and increasing investments in the end-use industries are likely to drive the market during the forecast period. The growing consumption of polystyrene product in construction & buildings has propelled the countries such as the U.S., Canada and Mexico to achieve a stunning growth in the market.

European market has also observed a remarkable growth due to an implementation of new rules and regulations proposed by the government to follow lightweight and biocompatible products in the industry. The market has been driven by the application of this rule in the packaging and construction & buildings sectors. It is estimated that the growing innovation and technological advancement are predicted to propel the growth in the countries such as the U.K, Italy, Germany, and France during the forecast period.

The Latin American region is estimated to witness a recognized development in the market due to the growing consumption of low density, humid resistant materials and rising awareness of eco- friendly products in the industry. Moreover, the Middle East & Africa is anticipated to witness a higher growth in the market due to increasing demand for expanded polystyrene in construction & buildings, packaging and automotive sectors.

Segmental Analysis:

The Global Expanded Polystyrene Market is segmented into type, and application. On the basis of the type, the market is further categorized into white, grey and black expanded polystyrenes. Among these, the white Expanded Polystyrene segment holds a majority of the market share due to extraordinary features offered by the product such as water-resistance and reliable nature. The grey Expanded Polystyrene segment is projected to witness a mediocre growth in the market due to its high cost of production than other segments. The market by application is further categorized into construction & buildings, packaging, automotive, and others. Among these, the packaging segment is accounts for major share of the market owing to growing popularity of applications such as egg trays, fast foods, vegetables, fish, and poultry. Additionally, the automotive segment is set to grow at a higher rate in the market due to growing consumption of product in manufacturing high standard and efficient vehicles. Therefore, the recyclable ability, safety and a biocompatible nature are the major reasons behind the consumption of polystyrenes in most of the end use industries.

Key Players:

·         BASF SE

·         ACH Foam Technologies, Inc

·         Kaneka Corporation

·         SABIC

·         Alpek S.A.B. de C.V

·         Synbra Holding bv

·         NOVA Chemicals Corporation

·         StyroChem®

·         Unipol Holland B.V.

·         Versalis S.p.A

Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. 

Intended Audience

• Expanded Polystyrene Market Manufacturers
• Traders and Distributors of Expanded Polystyrene Market
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

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Cellulose Fiber Market Evolving Technology, Trends and Industry Analysis & Forecast to 2023

Market Overview:

Market Research Future (MRFR) predicts in their global cellulose fiber market report that the said market can exceed a valuation of USD 37,284 million over the forecast period (2017-2023). During the same time, the achieved CAGR would be quite substantial. Cellulose fibers are mainly sourced from ethers or esters of cellulose which can be obtained from the bark, wood or leaves of plants, or materials that are plant-based. Two other components are found in cellulose; hemicellulose and lignin. By varying the quantity of these two components mechanical properties of the cellulose fiber can be altered. Cellulose fibers have a profound impact on the textile industry as chemical filters and as fiber-reinforcement composites. It can be a perfect substitute for biocomposites and polymer composites. MRFR in their report included segments based on their volume-wise and valuation-based analysis. The report also focuses on factors that can help the cellulose fiber market inflate in the coming years.

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The booming textile industry, burgeoning e-commerce segment, and rising demand from the automotive sector are prepped up to secure the future of the cellulose market with prosperity. New regulations and favorable policies from governments are providing the market thrust. But the cellulose fiber market can get impeded by the volatile raw material prices. But the rising demand can help the market sustain.

Competitive Landscape:

·         Tangshan Sanyou Xingda Chemical Fiber Co., Ltd

·         Grasim Industries Limited

·         Lenzing AG

·         Sateri Holdings Limited

·         International Paper

·         Kelheim Fibres

·         Eastman Chemical Company

Industry News:

Researchers from the Singapore University of Technology and Design, in 2019, came up with a low-cost and low-pollution technology that would make the end product strong, lightweight and inexpensive. They named the material FLAM (fungus-like adhesive material).

In 2018, Lenzing discussed their plan to source wood-based cellulose fiber from compost, landfill, water, and seawater. The eco-friendly method would back their production by at least providing them 50% of the resources.

Market Segmentation:

MRFR segments the global cellulose fiber market by type and application to get a comprehensive overview of the market.

Based on the type, the global cellulose fiber market can be segmented into natural and synthetic. The natural segment had the maximum market share in 2016. It used to control over 54% of the global market. But the demand is sluggish as sourcing it is becoming an issue. The synthetic segment is set to expand its dominance as the growing demand to substantiate the growing need for the product in the coming years.

Based on the application, the cellulose fiber market can be segmented into apparels, domestic textile, industrial textile, and others. The apparels segment is all set to register the highest CAGR of 5.73% during the forecast period.

Regional Analysis:

MRFR assesses the cellulose fiber market and analyses it based on regions such as Asia Pacific (APAC), Europe, North America, and Rest-of-the-World (RoW).

The APAC region is benefitting from the easy availability of raw materials and its cost-effectivity. Natural resources are amply available in the region. These factors are ensuring the dominance of the region in the global market. At the same point of time, foreign investors are founding it easy to expand their market in the region. Many of the investors are now relocating in India and China. The online fashion trend is one of the major factors that is pushing the textile industry ahead, and along with it, the cellulose fiber market is also going up. The market can easily scale valuation of USD 13,553 MN by 2023. China is heading the market and with the highest CAGR of 5.98% during the forecast period, it can promote the regional market well. Japan is gaining grounds with a projected CAGR of 5.15% over the review period. Among the others, Taiwan, South Korea, and India are emerging as dominant forces in the regional market.

North America’s cellulose fibers market is growing impressively as in its stature, it is only next to the APAC region. The large production gets consumed mostly by the regional market. The regional fashion sector is quite substantial.

Europe’s cellulose fiber market is doing significantly well after getting ample support from the well-structured fashion industry.

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Linear Low Density Polyethylenes Market Overview, with Recent Technologies, Applications, Growth, Insights and Status 2023

Market Overview:

Linear low density polyethylene (LLDPE) is a copolymer produced from copolymerizing ethylene with butane, octane, and hexane. Ethylene is an organic compound derived from petroleum & natural gas.  It is mostly preferred over conventional linear density polyethylene owing to improved temperature resistance & tensile strength. Additionally, it offers high impact strength, flexible, chemical resistance, odorless, and translucent properties.

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The global market for LLDPE is driven by various end-use industries such as automotive, electrical & electronics, housewares products, and plastic processing.  The majority of LLDPE is used in plastic processing and food packaging industry. The rising trend of stretching/flexible films attributed to the key properties such as extended shelf life and enhanced flavors. Moreover, the growing concerns over climate change attracted a huge demand from the agriculture sector for LLDPE made greenhouse films. The characteristics of high thermal resistance find its application in the production of various electronic, automotive components such as switches, plugs, and other electrical products. Furthermore, the increasing demand for flexible packaging films in housewares products and paperboard packaging film in liquid containers are likely to propel the demand for the product in the market.

Segmentation

The global linear low density polyethylene market is segmented by application, end-use industries, process type, and region.

On the basis of the application, the global LLDPE market is segmented into packaging films, injection moulding, extrusion coating, rotomolding, and others.

On the basis of the end use application, the global LLDPE market is segmented into plastic processing industry, electrical& electronics industry, automotive industry, automotive, and others.

On the basis of the process type, the global LLDPE market is segmented into gas phase, solution phase, and slurry phase.

Key players        

Ø  NOVA Chemicals Corporatio

Ø  The Dow Chemical Company LLC

Ø  Exxon Mobil Corporation

Ø  Mitsubishi Chemicals Corporation

Ø  Braskem

Ø  Chevron Phillips Chemical Company

Ø  Borealis AG.

Ø  lyondellBasell Industries Holdings B.V.

Intended Audience

• Manufacturers of Films
• Traders, suppliers, and distributors of chemicals
• Government Organizations
• End- use industries
• Research organizations

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Polystyrene Market Trends, Key Country Analysis, Competitive Landscape and Comparative Analysis by 2023

Polystyrene Market Overview to 2023:

Market Research Future (MRFR)’s latest study reveals that the global polystyrene market is set to expand at a CAGR of 4.87% during the forecast period 2018 to 2023. The market is prognosticated to reach a valuation of USD 33,160.6 Mn by 2023 up from USD 24,926.7 Mn in 2017. The growth of the end-user industries such as packaging, building and construction, electronics, and consumer goods and appliances reflect on the increasing demand for polystyrene across different industry verticals. The features offered by polystyrene that has led to its large-scale adoption by the industries include thermal stability, compressive strength, low water absorption, thermal stability, compressive strength, low water absorption, etc.  The trend is prognosticated to perpetuate, especially in Latin America and the Asia Pacific, in the forthcoming years.

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The catalyzed investments in the building and construction industry of the GCC, the U.S., and European nations have intensified the need for high-quality HVAC systems. The growing demand for HVAC applications is likely to create demand for expandable polystyrene globally over the next few years. Furthermore, the flourishing FMCG industry has paved the way for the adoption of polystyrene by the packaging industry. This, in turn, is forecasted to augur well for the market players. The thriving consumer electronics industry is projected to accelerate the revenue creation for the participants of the polystyrene market through the projection period.

Global Market for Polystyrene-Competitive Dashboard:

·         SABIC

·         Trinseo, Alpek SAB De CV

·         Innova, ACH Foam Technologies, Inc.

·         INEOS Styrolution Group GmbH

·         BASF SE

·         Formosa Chemical & Fibre Corp.

·         Kumho Petrochemical

·         Chi Mei Corporation

Global Market for Polystyrene-Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on type, application, and end-user industry. By type, the global polystyrene market has been segmented into expandable polystyrene (EPS), general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), extruded polystyrene (XPS), and others. The expandable polystyrene (EPS) currently accounts for the major share of the global market. The segment is estimated to strike a CAGR of 5.5% over the assessment period. The growth can be ascribed to the increasing demand for EPS foam in different industry verticals such as automobiles, building, and construction, etc.

By application, the market is segmented into HVAC insulation, rigid packaging, seating, flexible packaging, and others. The HVAC insulation segment accounted for 27% of the market share and was valued at USD 6,958.5 Mn in 2017. The segment is estimated to witness an increase of USD 2930.7 Mn in terms of value by 2023-end. The proliferation of the segment is motivated by the increase in demand for HVAC insulation in HVAC systems, refrigerators, and air conditioning systems.

By end-use industry, the market has been segmented into packaging, building and construction, electronics, consumer goods and appliances, and others. The packaging segment currently holds a 37% share of the market and is expected to register a CAGR of 5.14% during the projection period. The rising demand for durable food packaging material is likely to drive the revenue acceleration in the segment. Meanwhile, the building and construction segment has been forecasted to account for the second-largest market share and strike a relatively higher CAGR of 5.2%. The growth can be attributed to the strong value maintained by the construction sector.

Regional Outlook:

By region, the Global Polystyrene Market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific currently holds a dominant share of the market which accounts for 44.7% share. It is likely to retain its pole position towards the end of the forecast period. The regional market is poised to reach a value over USD 15000 Mn by 2023 up from USD 11,153.4 Mn in 2017. The thriving automotive sector coupled with the increasing production of electric and lightweight vehicles in both developed and developing countries are set to intensify the demand for polystyrene in the regional market.

Europe is the second-largest market for polystyrene and is expected to reach a valuation of USD 6,439.5 Mn by the end of 2023. The increasing demand from the building and construction industry is estimated to influence the growth of the market positively. The regional market is set to register a CAGR of 3.56%.

North America is anticipated to witness considerable growth during the assessment period. Although the market has entered a phase of maturity, the high adoption rate of polystyrene in building and construction applications is prognosticated to drive the market proliferation.

Latin America is foreseen to grow moderately through the forecast period. It is estimated to grow from USD 1,783.4 Mn in 2017 to USD 2,260.4 Mn by 2023-end. The regional market is estimated to expand at a CAGR of 4.03%. Meanwhile, the Middle East & Africa resonates strong opportunities for growth and is projected to proliferate at the highest CAGR of 6.25 from 2017 to 2023.

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