Yogurt Powder Market | Share, Sourcing Strategy, Downstream Buyers, Industry Size, Segmentation Analysis and Global Forecast to 2023

Market Highlights

The global yogurt powder market is projected to witness a significant growth rate of 7.8% from 2019 to 2024 and reach a market value of USD 432 Million by the end of 2024. Yogurt powder is dehydrated yogurt, prepared by adding active bacterial cultures to pasteurized milk. This mixture is then dried. The yogurt powder contains a high amount of calcium, vitamin A, protein, and has a strong profile of amino acids.

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Yogurt powder is widely used in bakery and confectionery products, dips, salad dressings, and soups. It is also used to add tart and dairy yogurt flavor in frostings, ice cream, smoothies, and toppings. These increasing applications of yogurt powder in food & beverages is expected to boost the growth of the global yogurt powder market. Yogurt powder has increased shelf life compared to fresh yogurt. This is predicted to fuel the growth of the global yogurt powder market. However, the loss of probiotics during the drying process can hinder the growth of the global yogurt powder market.  

The global yogurt powder market has been segmented based on product type, flavor, category, distribution channel, and region.

Based on type, the global yogurt powder market has been segmented into skimmed yogurt powder, semi-skimmed yogurt powder, and whole yogurt powder. The whole yogurt powder segment is expected to dominate the global yogurt powder market due to high demand in developing economies. The skimmed yogurt powder segment is projected to register the highest CAGR due to increasing health awareness leading to the high preference for low-calorie yogurt powder.

The global yogurt powder market has been bifurcated, on the basis of flavor, into plain and flavored. The plain segment is expected to gain the larger market share during the review period owing to the high preference among consumers, whereas the flavored segment is projected to register higher CAGR due to development and launch of different flavors which are attracting new customers.

The global yogurt powder market has been classified, based on category, as lactose-free and conventional. The conventional segment is expected to dominate the global yogurt market, due to the relatively lower price of the products. The lactose-free segment is expected to register the higher CAGR in global yogurt market during the forecast period, owing to the increasing prevalence of lactose intolerance across the globe.

On the basis of distribution channel, the Yogurt Powder Industry has been classified into store-based and non-store-based. The store-based segment has been further categorized as hypermarkets and supermarkets, convenience stores, and others. The store-based segment is expected to occupy the larger market share during the forecast period due to strong vendor networks, availability of different products, and discounts offered. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online purchase.

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Key Players

·        Easiyo Products Limited

·        Dr. Otto Suwelack Nachf

·        GmbH & Co. KG

·        Lyo-San Inc.

·        Bempressa

·        Prolactal

·        Bluegrass Dairy & Food, Inc

·        Batory Foods

·        CP Ingredients Ltd.

·        ACE International LLP

·        MSK Ingredients Ltd.

·        WinCrest Bulk Foods, Inc

·        Jarrow Formulas, Inc.

·        Epi Ingredients

Latest Industry Updates

• July 2017: Epi Ingredients launched SoFlexi, which is a powdered mix. This product enables consumers to make fresh yogurt tasting snacks like drinking yogurt, acid drink, and ice cream, instantly.  

Regional Analysis

The global yogurt powder market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The North American yogurt powder market is expected to dominate during the forecast period due to the growing preference for healthy snacks. Additionally, the increasing use of yogurt powder in bakery and confectionery products is projected to fuel the growth of yogurt powder market in this region. 

The yogurt powder market in Asia-Pacific is projected to register the highest growth rate from 2019 to 2024 owing to changing lifestyle and increasing per capita disposable incomes in developing countries such as China and India.

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Specialty Food Ingredients Market | Analysis, Market Segments, Key Players and Opportunities 2016-2023

Market Insights

Specialty food ingredients are a vital addition to processed food as they help maintain the functional integrity of the product while adding several micronutrients which enhance the diet. Specialty food ingredients are largely used to perform a wide number of applications such as preserve the texture of a product or enhance its color. This makes the product easier to consume as it increases flavor makes the product safe among other advantages which are key in driving the global specialty food ingredients market. Market Research Future has conducted a thorough study of the market, and the upcoming report features many pertinent facts and figures as well as important observations. The growth of the market is reliant on the fact that the specialty food ingredients are important in maintaining the sustainability of processed food products. Their use in almost every part of the F&B industry such as bakery & confectionery items, beverages, meat products, and several others is also a key factor driving its growth as demand is consistent and ongoing.

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Moreover, consumers are rapidly shifting preferences in food for convenient processed food as well as functional food & beverages due to rising concern for health. Prevalence of chronic diseases has increased, particularly in urban areas. Diabetes and obesity are on the rise and have spurred consumers to make changes in their diet, thus resulting in a shift toward health consciousness in a choice of food products. Many countries have stringent laws regarding the printing of nutritional information on products which have slowly garnered attention among consumers as they are now putting more emphasis on ingredients in processed food. Additionally, the trend for convenient and functional food and beverage items has encouraged the adoption of specialty food ingredients in order to add a healthy edge to conventional products to tap into the growing health-conscious demographic in urban areas. Another factor of note in the same vein, is the preference for convenient packaged and processed F&B products as lifestyles in urban areas have become highly hectic, with more women joining the workforce. The busy lifestyles of working professionals are a key factor driving the sales of packaged or processed food items, thus driving the growth of the global specialty food ingredients market.

Key Players

·        Frutarom

·        Archer Daniel Midland

·        Kerry Groups

·        Tate & Lyle PLC, Evonik

·        Ingredion

·        Royal DSM N.V.

·        PPG Industries

·        Ingredion Incorporated

·        CHR. Hansen

·        Naturex, Cargill Inc.

·        KF Specialty Ingredients

·        E. I. DuPont de Nemours and Company

·        Givaudan Flavors

·        Ashland Inc

Market Segmentation

The global Specialty Food Ingredients Market has been segmented in MRFR's report to provide a view of the market in its various parts as well as a whole. The market has been segmented on the basis of ingredients, application, and region. Ingredients are segmented into vitamins, minerals, antioxidants, sugar substitutes, flavors, specialty starches, acidulants, preservatives, emulsifiers, colors, enzymes, and F&B starter cultures. Applications for specialty food ingredients are found in bakery & confectionery, beverages, dairy & frozen foods, convenience foods, meat products, and functional food/ beverages/dietary supplements.

The market has also been analyzed by its various geographical segments which include North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

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Regional Analysis

North America and Europe have significant markets for specialty food ingredients, and these regions have a high concentration of market players who are actively involved in the growth of the market. The presence of a considerable F&B sector in these regions combined with the increasing health consciousness as well as stringent regulations regarding the use of certain specialty food ingredients are expected to fuel the growth of the market.

Meanwhile, the Asia Pacific represents massive potential for the market as it has a high concentration of emerging economies with massive populations. The region is urbanizing rapidly, and the demand for convenient and functional processed or packaged food items is driving the APAC market. APAC also has an increasing number of women participating in the workforce, which has further increased the demand for healthy functional food which is convenient and supports a busy schedule without compromising of health.

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Soy-Based Chemicals Market | Size Estimation, Price Trends, Sales, Industry Latest News, and Consumption by Forecast to 2023

Market Insights:

With the growing use of bio-based sources in various industries, the soy-based chemicals market is expected to show a considerable growth during the forecast period. Soy-based chemicals are used in various application such as paper, cosmetics & personal care, food & beverages, plastics & polymers, biodiesel, and others. The growing awareness about the harmful emissions from the use of fossil fuels has shifted to biobased products, which, in turn, is expected to drive the global soy-based chemicals market during the forecast period. Soy-based chemicals are regarded as an efficient substitute for petroleum and other crude-derived chemicals.

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The global soy-based chemicals market is expected to exhibit a CAGR of over 6% during the forecast period. The growing demand for environmentally sustainable materials is likely to drive the market for soy-based chemicals during the forecast period. Moreover, the growing demand for biofuels is further expected to propel the growth of the soy-based biodiesel during the forecast period.  Among the various application, the biofuel is anticipated to be the largest application owing to the growing encouragement by the governments across the globe to limit the harmful emissions. Moreover, the plastic industry is also expected to show a significant growth owing to the high adoption of bioplastics and polymers.

Market Scenario:

The biofuel segment is leading the market on account of its growing investment by the government in the development of biofuel across the globe. Moreover, the growing inclination towards the renewable sources is likely to contribute substantially to the growth of the segment during the forecast period. Plastic and polymer segment is anticipated to be the fastest growing segment during the forecast years.

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Competitive Analysis

• The Dow Chemical Company
• Archer Daniels Midland Co
• BioBased Technologies LLC
• Bunge Limited
• K+S AKTIENGESELLSCHAFT
• Cargill Inc (U.S.), LAXNESS
• CFC Internation Corporation
• Eco Safety Products
• Elevance Renewable Sciences, Inc.

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

• Soy-based chemicals   market manufacturers
• Traders and Distributors of the Soy-based chemicals market
• Production process industries
• Potential investors

Regional Analysis

The global Soy-Based Chemicals Market are spanned across five key regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these, Asia Pacific is anticipated to be the fastest growing market with an expanding CAGR during the forecast period. The growing demand from the application in the region such as food & beverage and personal care is expected to fuel the market growth. North America is another dominant region in the global soy-based chemicals market. The developed end-user industries along with the increasing adoption of soy-based chemicals are fuelling the market growth. The major countries attributing to this growth are the U.S. and Canada.

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Silicone Additives Market | Share, Recent Trends, Competitive Landscape, Application Analysis and Growth by Forecast to 2023

Silicone Additives Market – Overview:

Silicone Additives are widely used in some of the end use application such as food & beverage, personal & homecare, paints & coatings, construction, plastic & composites, paper & pulp, and others. The silicone additives market is estimated to witness significant growth due to their unique properties along with excellent usage in numerous end use industries specifically in cosmetics & personal care, construction, and automotive. Among the application segment, in 2016, plastic & composites holds for the largest application segment and is projected to retain their dominance due to continuous growth of paints & coatings, and food & beverage industry in emerging economies.

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The factors attributed to the silicone additives market growth are significant growth of personal & homecare in developing countries, increasing automotive production and sales, and expanding construction sector. Moreover, expanding population coupled with burgeoning demand for good quality cosmetics has raised the consumption of silicone additives based personal care products which is likely to propel the growth of the market over the assessment period.

Global Key Player:

Ø  KCC Corporation

Ø  Wacker Chemie AG

Ø  BYK Additives

Ø  Siltech Corporation

Ø  BRB International

Ø  DowDuPont, Evonik Industries AG

Ø  Shin-Etsu Chemical Co., Ltd

Ø  Elkem, and Momentive 

Industry/ Innovation/ Related News:

November 2017- DowDupont, a leading manufacturer of specialty chemicals launched silicon additive named as Dow Corning 904H coating additive for architectural façade coatings which offers improved aesthetics for building exteriors. This product also enhance water resistance, repellency, and beading in coatings by rising their surface hydrophobicity. This product launch enhanced company’s status among the silicon additives providers.

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September 2017- Shin-Etsu Chemical Co., Ltd., announced to expand their manufacturing capacity of their Akron, Ohio plant which is already involved in the production and sales of silicones. The construction work is estimated to be complete by the end of 2019. With this expansion, the company will strengthen their position among the silicone additives manufacturer.

November 2017- Spherix Mineral Products signed an agreement with ChemSpec to distribute Dispersix brand of HCR silicone processing additives. This distribution agreement will help company to strengthen their presence in Mexico and U.S.

Competitive Landscape

The Silicone Additives Market report has examined the level of competition amid the major manufacturers in silicone additives market as well as industry growth and market scenario. The global silicone additives market composed of wide range of producers operating in the market which involves medium level and large scale suppliers. Some of the key operating producers of silicone additives which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as moderate level and high level suppliers belongs to this province specifically from the Philippines, Malaysia, Taiwan, Japan, Australia, China, South Korea, India, and Thailand. Moreover, the key manufacturers of silicone additives are observed to follow various strategic plans to enhance their product portfolio such as product launches, strategic acquisition, distribution agreements, joint ventures, and mergers, and exclusive agreements. Some of the key producers in this market are estimated to improve their production capacity of silicone additives to meet the rising demand for silicone additives across the globe.

Regional Analysis:

Geographically, Asia Pacific is estimated to hold the largest silicone additives market share in 2016 which is followed by North America and further trailed by Europe. North American silicone additives market is anticipated to exhibit moderate growth during the review period due to growing awareness regarding the benefits associated with product along with raised consumption in end use application in this region. Asia Pacific is estimated to witness tremendous growth over the assessment period in silicone additives market due to increasing application of silicone additives in numerous end use application segment. In Asia Pacific, the demand for silicone additives is estimated to improve in numerous countries such as Japan, South Korea, Indonesia, the Philippines, Taiwan, India, and China owing to rising population along with shifting of production units for most of the key operating players in this region. In Europe, silicone additives market is predicted to register above average growth owing to shifting consumer preference towards the silicone additives along with high adoption rate in automotive, plastic & composites, and paper & pulp specifically in France, Italy, Belgium, Germany, Poland, Spain, UK, and Russia.

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Reactive Diluents Market | Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025

Market Overview:

Reactive diluents are clear, colorless, low-viscosity liquids, commonly known as thinners. Reactive diluents are glycidyl ethers of short-chain aliphatic alcohols or alkylphenols. They are added to reduce the viscosity of the substance to increase handling and ease of processing. They enhance various performance properties such as adhesion, impact & tensile strength, thermal stability, filler-loading, flexibility, reduce volatility, and solvent resistance of the system. The use of reactive diluents significantly reduces the emission of volatile organic compounds (VOC). These diluents are compatible with both solvent-based and water-based paints and coatings. They act as substitutes for a number of plasticizers such as diisononyl phthalate (DINP), di-isodecyl phthalate (DIDP), and di-2-Ethylhexyl phthalate (DEHP)

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Reactive diluents are majorly used to reduce the viscosity of the epoxy resin. The epoxy resin is the principal raw material required for the manufacturing of paints & coatings, adhesives & sealants, and composites, which is projected to increase the demand from end-use industries such as automotive, construction & building, electrical & electronic, wind energy, aerospace, and others. Paints & coatings are extensively utilized in the construction & building and the automotive industry to improve the aesthetic appeal and provide protection from external environmental factors. This is expected to boost the demand for epoxy resin as well as consumption of reactive diluents over the forecast period. The market is likely to witness significant growth in the demand for adhesives & sealants across various end-user industries such as electrical & electronics, automotive, wind energy and construction specifically in developing economies such as China and India.

Composites account for the major share of the epoxy resin demand, and it is widely preferred choice over conventional plastics due to its durability, aesthetic appeal, and low maintenance. Various industries such as automotive, construction & building, wind energy, electrical & electronics are experiencing high demand for composites, which is expected to fuel the growth of the global reactive diluent market over the forecast period 2018-2023.

However, increasing popularity of phenolic resins over epoxy resin due to low cost is expected to hamper the growth of the reactive diluents market to some extent during the forecast period.

Market Segmentation

The global reactive diluents market is segmented into type, application, end-use industry, and region.

On the basis of the type, the global reactive diluents market is segmented into aliphatic, aromatic, and cycloaliphatic. The aliphatic type is projected to be the largest and the fastest-growing segment in the global market during the forecast period due to its low cost and easy manufacturing process.

On the basis of the application, the global reactive diluents market is segmented into paints & coatings, composites, adhesives & sealants, and others. The paints & coatings are expected to hold the major market share due to their wide end-use applications in industries such as building & construction and automotive industry.

On the basis of the end-user industry, the global reactive diluents market is segmented into automotive, construction, electrical & electronics, wind energy, and others. The construction industry accounted for the largest share of the overall market and is expected to continue dominating the market due to rapid industrialization in emerging countries, and increasing renovation activities in countries such as the U.S. and the U.K.

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Regional Analysis

The global reactive diluents market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to be the largest market for reactive diluents, followed by North America and Europe. Asia Pacific market is driven by the growing construction, automotive, and electrical & electronics industry. North America, the Middle East & Africa, and Latin America markets are driven by the building & construction industry. The growth of the European market is driven by the presence of strong automotive & wind energy industry.

Competitive Analysis

Some of the key players in the global reactive diluents market are BASF SE (Germany), Evonik Industries AG (Germany), Bodo Möller Chemie GmbH (Germany), Ipox Chemicals GmbH (Germany), Huntsman Corporations (U.S.), UL LLC (U.S.), Cargill, Incorporated (U.S.),  Air Products and Chemicals, Inc. (U.S.), Hexion.(U.S.), SACHEM Inc. (U.S.), Aditya Birla Chemicals (India), Arkema SA (France), Nippon Shokubai Co., LTD (Japan), ADEKA CORPORATION (Japan), and EMS-CHEMIE HOLDING AG (Switzerland).

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Polycarbonate Composites Market | Trend Analysis, Growth Status, Revenue Expectation to 2023

Market Summary

The Global Polycarbonate Composite Market is expected to register a CAGR of 5.8% and reach around USD 3.5 Billion during the forecast period. Polycarbonate composite is produced from bisphenol A and carbonyl chloride. It is majorly used as an alternative to polyvinyl chloride in the medical, electronic, and automotive industries due to its high flexibility, high impact resistance, stiffness, and strength.

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Competitive Analysis 

• The Bond Laminates GmbH
• Chi Mei Corporation
• SABIC
• Asahi Kasei Advance Corporation
• LG Chem
• Formosa Chemicals & Fibre Corporation
• Trinseo
• Mitsubishi Chemical Corporation
• Teijin Limited
• Samyang Corporation
• Nudec
• Covestro

Segment Analysis

Based on applications, the global market has been segmented into automotive plastic, medical instruments, electrical engineering, consumer electronics, and others.

The automotive plastic segment is the fastest growing segment due to the shift in trend towards lightweight vehicles. Electrical engineering is expected to grow with healthy CAGR owing to consumers inclination towards smart devices and home appliance. Moreover, polycarbonate composite is used in the manufacturing of medical equipment and devices such as drug delivery, cardiovascular, respiratory devices, and surgical instrument. Its properties such as eco-friendly processing, recyclability, toughness, high impact strength, chemical resistance, heat resistance, and light weight make it ideal for application in medical devices and equipment. For instance, in October 2018, Covestro AG announced to expand its polycarbonate business by ramping up the production in China. The company has decided to increase the total capacity of the China-based plant by 150 kilotons per annum to meet the demand in the medical, automotive, and electrical & electronic industries.

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Regional Analysis

The Polycarbonate Composite Market, by region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific market is estimated to register healthy CAGR owing to increasing production of electronics in India, Indonesia, and Malaysia. For instance, the Electronic Industries Association of India has reported that Indian consumer electronic application production was worth USD 7,836 million in 2016, which has increased to USD 9,090 million in 2017. Thus, the shift in consumers lifestyle towards smart lives has surged the demand for convenience electronic goods, which is positively influencing the polycarbonate composite market.

The North American market is estimated to witness a substantial growth due to the growing use of polycarbonate composite in the medical industry. The Middle East & African and Latin American markets are expected to register health CAGRs owing to the high demand for polycarbonate composites in countries such as Mexico, Brazil, and GCC due to increase in automobile production.

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

Market Synopsis:

Persulfate, also known as pyrosulfate, is a colorless, odorless, crystalline salt containing more oxygen than normal sulfates. It is prepared by electrolysis of their analogous sulfates at the high current density and low temperature. Persulfates are broadly categorized into two class namely peroxymonosulfate and peroxydisulfate.

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Persulfates perform different functions across various end-use industries. They are used as chain initiators in polymer manufacturing, which includes plastics, rubbers, latex, polymer concrete, a polymeric coating of graphite filaments, and others. In the electronics industry, they are used as oxidants for surface preparation applications such as cleaning & etching of printed circuit board substrates as well as prior to plating, coatings, and adhesive bonding on electrical components. Persulfates further find application in the formulations of skin care and hair care products in the cosmetics & personal care industry. Persulfates are also utilized in the chemical industry as oxidizing agents in the preparation of aldehydes, ketones, carboxylic acids, quinones, and a variety of other compounds. The pharmaceutical industry uses sodium persulfate as a reagent in the preparation of antibiotics. Furthermore, persulfates are used in the adhesives & sealants manufacturing, oil & gas recovery, ink & pigment synthesis, metal separation process, photographic applications, paper & pulp manufacturing process, wastewater treatment, as well as for soil remediation.

Competitive Analysis

• United Initiators.
• MITSUBISHI GAS CHEMICAL COMPANY, INC.
• Ak-Kim Kimya
• Fujian ZhanHua Chemical Co., Ltd.
• LANXESS
• Stars Chemical (YongAn) Co., Ltd.
• Adeka Corporation
• Hebei Jiheng Group Co., Ltd
• Vr Persulfates Private Limited
• Hebei Yatai Electrochemistry Co., Ltd.
• Ansin Chemical (Shanghai) Co., Ltd.
• Powder Pack Chem.
• CHEMetrics, Inc. 
• Merck KGaA

Segmental Analysis:

The global persulfates market is segmented by class, type, application, and region.

On the basis of the type, the global persulfates market is segmented into ammonium, sodium, potassium, and others. The ammonium persulfate segment is projected to lead the global persulfates market, in terms of volume, by type category during the forecast period owing to its wide application on account of its low cost and high solubility with water over other two types.

On the basis of the application, the global persulfates market is segmented into polymers, electronics, cosmetics & personal care, chemical, pharmaceutical, adhesives & sealants, oil & gas, mining, photography, paper & pulp, textiles, water treatment, soil remediation, and others. The electronics segment was leading the global persulfates market in 2017 owing to the growing persulfates use as cleaning agents and etchants in the printed circuit board manufacturing and is projected to grow significantly during the forecast period.

Regional Analysis

The global persulfates market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Asia Pacific held the largest market share of the global persulfates market in terms of market size, as of 2017 and is expected to show significant growth during the forecast period. Europe is likely to follow Asia Pacific in terms of market size and is expected to remain the second largest market during the review period. North America is another major market for persulfates, as of 2017 and is expected to show steady demand during the forecast period.

The Middle East and Africa has witnessed growth in the demand for persulfates and is expected to continue growing during the forecast period.

Latin America held the least market share of the global persulfates market in 2017 and is likely to show moderate growth during the assessment period.

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Perlite Market | Emerging Technologies, Regional Trends, Growth, Competitor Strategy, High Emerging Demands by Forecast to 2023

Industry Insights:

Demand for perlite in various applications has been showing an upward trend. The Global Perlite Market is expected to grow at a CAGR of 6.85% and reach a valuation of USD 2,250 Mn over the forecast period of 2018-2023, asserts Market Research Future (MRFR) in a minutely analyzed research report. The Global Perlite Market stood at USD 1,512 Mn in 2017.

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Robust growth in the construction industry has resonated strong growth in The Global Perlite Market. Rise in residential construction purveyed by low-interest rates, low debt service rations, and rise in disposable income.  Perlite finds application in purposes ranging from fireproofing sprays, chimney fills, to interstitial floors. It is being highly favored for such purposes owing to its outstanding insulating properties and light-weight. It also helps in the reduction of noise transmission and is vermin and termite resistant.

Expanded Perlite is used across the globe as a component of soil-less growing mixtures since assists in moisture retention for plant growth. Its neutral pH value and the characteristics of being weed-free and sterile makes it more attractive to home gardeners and commercial growers. They are also used in greenhouse plantation.

The most diverse ranging applications for perlite is that in industrial applications. It is used as filter media for pharmaceuticals, chemicals, and food products. In the packaging industry, perlite is used for packaging of flammable materials. Other uses include abrasive in soaps, cleaners, and polishes.

The Global Perlite Market might be met by few factors which might restrict its growth over the forecast period. Adverse health effects of perlite might pose a negative impact on the growth of the Global Perlite Market. Perlite is associated with respiratory problems caused due to minute particles present in them. Perlite dust is also a nuisance as it may cause temporary physical irritation, impaired visibility, and discomfort. Meanwhile, increasing inclination towards green buildings and raising awareness regarding sustainable construction methods are expected to provide growth opportunities to the Global Perlite Market.

Players Covered:

• Imerys Performance Additives
• Amol Dicalite Limited
• Genper Group
• Bergama Mining Perlite
• Supreme Perlite Company
• Keltech Energies Ltd
• Whittemore Company
• The Schundler Company
• Dupré Minerals
• IPM Group of Companies

Report Overview:

This MRFR report provides a thorough analysis of the prime factors determining the growth of the Global Perlite Market in the regions of North America, Europe, Asia Pacific, South America, and the Middle East & Africa. It also focuses on the revenue size of significant players in the market along with the strategies adopted by them for expansion. The report covers the application of perlite in construction, agriculture & horticulture, and others. Revenue analysis based on different forms of perlite has also been provided as a part of the research.

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Research Methodology:

At MRFR, primary emphasis is laid down on data accuracy to present a comprehensive view of the market and its various components. Both primary and secondary research methods are implemented to provide an in-depth analysis of current and historical trends of the market. Primary data mining includes interactions with top-level decision makers in the relevant field while secondary data collection uses credible sources to verify the data collected through primary means. The top-down and bottom-up approaches are deployed for the estimation of market size and ensure the reliability of the information provided.

Segmental Analysis:

By Form

• Expanded Perlite
• Crude Perlite

By Application

• Construction
• Agriculture & Horticulture
• Industrial
• Others

By Region

• North America
• Europe
• Asia Pacific
• The Middle East & Africa
• South America

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Low Profile Additives Market | Trends, Future Development, Top Players, Investment Factors and forecast 2022

Market Overview:

The global Low Profile Additives Market has been segmented by technique, product, end-use industry, and region.

By technique, the global Low Profile Additives Market has been segmented into sheet molding compound (SMC), bulk molding compound (BMC), resin transfer molding (RTM), and pultrusion. The sheet molding compound segment is expected to account for the majority market share as the product is cost-effective, light weight, and reduces industry scrap. Also, it can be easily produced in high volumes. Although SMC and BMC possess the same properties such as dimensional stability, high strength, and corrosion resistance, the BMC segment is expected to grow significantly in the coming years. This can be attributed to the increasing adoption of BMC in the electronics industry as it is fire- and flame-resistant.

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Based on product, the market has been segmented into polyvinyl acetate (PVA), polymethyl methacrylate (PMMA), polystyrene (PS), and high density polyethylene (HDPE). The PVA segment is expected to account for the largest market share due to the extensive use of the product in the production of automotive parts such as headlamp reflectors, lighting systems, under-the-hood components, and LED lighting. PMMA is widely used as a shatterproof replacement for glass and has various advantages over polystyrene such as high resistance to UV light and weathering, excellent light transmission, and a wide range of color options. 

The market has been segmented, by end-use industry, into automotive, construction, military and aerospace, electronics, consumer products and home appliances, and others. Automotive is expected to be the leading end-use industry segment due to the increasing demand for lightweight and fuel-efficient automobiles to meet the stringent regulations for volatile organic compound (VOC) emissions. The construction segmented is expected to account for the second-largest market share due to rapid industrialization across the globe.

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Competitive Analysis

• PolyOne Corporation
• Ashland
• CCP Composites
• Wacker Chemie AG
• LyondellBasell Industries Holdings B.V.
• Momentive
• FRP Services & Company
• Reichhold LLC 2
• Command Chemical Corporation, Inc
• Changzhou Huarun Composite Materials Co., Ltd.
• Arkema
• Swancor Ind. Co., Ltd.

Regional Analysis

The Low Profile Additives Market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific dominated the global Low Profile Additives Market in 2017 on account of the high demand from major end-use industries such as automotive, construction, electronics, and consumer products in the region.

The North American market is expected to witness significant growth due to the demand from the construction, automotive, and military and aerospace industries.

High production and trading of automotive parts in Western European countries such as Germany, the U.K., Italy, and France is expected to drive product demand during the forecast period.

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In-Mold Coatings Market | Key Developments Factors, Revenue Generation Model & Business Segment Overview to 2023

Market Overview:

The in-mold coatings market is gaining accolades from automobile & transport and building & construction sectors. In-mold coatings curb cost and bring down production time significantly which is a plus for the said industries. At the same time, it is going in-sync with eco-friendly ways by consuming less power during production and leaving a minimal carbon footprint. The global in-mold coatings market is expected to rise by 7.07% CAGR during the forecast period (2018-2023) and exceed the anticipated market valuation of USD 16,224.2 million during the same period. Market Research Future (MRFR) published a report on the said market where it has included factors that can be of decisive nature.

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The booming automobile industry is something that can create a huge demand for the in-mold coatings market. In-mold coatings are used in the manufacturing of instrument panels, door panels, steering wheels, airbag covers, armrests, assist handles, headrests, and seat covers. The automotive refinishing industry is also fueling the demand for in-mold coatings. In the building & construction sector, in-mold coatings are used to develop carpet tiles coating, exterior sheathing, interior decorative, and pavements. Furthermore, with governments pushing forward norms to cut down VOC emission, in-mold coatings market is bound to enjoy more privileges as it has little or no VOC emission.   

Competitive Insights:

• Akzo Nobel NV
• Bomix Chemie GmbH
• Adapta Color, SL.
• Red Spot Paint & Varnish Company Inc.
• Emil Frei GmbH & CO. KG. Protech Powder Coatings Inc.
• Plasti Dip International
• Protech Powder Coatings Inc.
• Stahl Holdings BV
• The Sherwin-Williams Company
• Omnova Solutions Inc.

Market Segmentation:

The global in-mold coatings market can be segmented by type, substrate, and application.

Based on type, the in-mold coatings market can be segmented as a water-based in-mold coating (IMC), solvent-based in-mold coating (IMC), powder coatings, and others. Water-based IMC is leading the market with USD 5,101.6 million and by scoring 7.2% CAGR during the forecast period.

Substrate-wise, the in-mold coatings market includes sheet molding compound (SMC), bulk molding compound (BMC), thermoplastics, and others. SMC segment is reigning supreme with USD 6,702. 1 million and can do so by the highest CAGR of 7.80% during the forecast

Based on application, the in-mold coatings market comprises automotive & transport, building & construction, electronics, furniture & sanitary, medical, and others. Automotive & transport segment is leading the market with considerable margin and can achieve the highest CAGR of 7.71% over the review period.

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Regional Analysis:

Geographic analysis of the in-mold coatings market includes Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and Latin America (LATAM).

The APAC region is spearheading the global market. India, China, Singapore, Indonesia, and other countries are contributing to the market growth by opening up possibilities in the automobile and construction sectors. The regional market, as of 2018, is valued at USD 4,498.4 million which can grow further with the fastest CAGR of 8.29% during the forecast period. China is leading the segment with expected 9.59% CAGR during the forecast period.

Europe is gaining much from the presence of several big automobile companies which are providing traction for the regional market. It is currently eyeing for a CAGR of 5.69% during the forecast period to reach a valuation of USD 3,379.2 million. Meanwhile, North America can reach a valuation of USD 2,969 million, as their automobile sector is getting a fresh paint of coat.

Industry News:

In April 2018, Bomix came up with a new solution for polyurethane surface refinement at Utech Europe 2018. This solution marks the beginning of a new generation of coatings and in-mold coatings. It offers functionality and design that has properties such as flame-retardance, biocompatibility, and conductivity for very bright color shades.

In September 2017, Akzo Nobel NV took over Disa Technology, a French manufacturer of self-adhesive vinyl, polycarbonate, and films polyester, used in the production of aircraft, vehicles, agricultural machinery, and other equipment.

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High-Temperature Composite Resin Market | Sales Revenue, Future Growth, Trends Plans, Top Key Players, Business Opportunities, Industry Share, Global Size Analysis by Forecast to 2023

Market Overview

High-temperature composite resins are used in applications that require resistance to high temperatures such as bulkheads, ducting, and ceilings. The growth of the global high-temperature composite resin market is driven by the increasing demand in major end-use industries such as aerospace and defense, automotive and transportation, and electrical and electronics. Some of the commonly used high-temperature composite resins are bismaleimides, polyimides, cyanate esters, bezoxazines, phenolic, and epoxy. Bismaleimide resins are the most widely used high-temperature composite resins in various applications including military and commercial aircraft and helicopters due to their high-temperature resistance properties.

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The demand for high-temperature composite resins is driven by the growing aerospace and defense industry globally. These resins find application in various parts of aircraft such as engines, ducts, stators, and heat shields. The expanding aviation industry with the rising demand for commercial aircraft, especially in developing nations, on account of increasing air traffic and low fuel prices is likely to drive the growth of the high-temperature composite resin market.

Global Key Players:

Ø  Huntsman International LLC

Ø  Hexcel Corporation

Ø  Sumitomo Bakelite Co., Ltd

Ø  Koninklijke Ten Cate BV

Ø  Hexlon

Ø  DIC Corporation

Ø  Arkema

Ø  Lonza

Ø  UBE Industries, Ltd

Ø  Evonik Industries AG

Ø  Celanese Corporation

Market Segmentation:

The global high-temperature composite resin market has been segmented by type, manufacturing process, end-use industry, and region. Based on type, the market has been divided into bismaleimides, polyimides, cyanate resins, phenolic, epoxy, benzoxazine, thermoplastic, and others. The bismaleimides type segment accounted for the largest market share in 2017 and is expected to grow at a significant rate during the review period. This market growth can be attributed to increasing use of bismaleimides in the aerospace industry on account of high thermal and oxidative stability and good electrical and mechanical properties.

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On the basis of manufacturing process, the market has been segmented into layup, injection molding, compression molding, pultrusion, filament winding, resin transfer molding, and others. The layup manufacturing process is the most widely used due to its cost-effectiveness.

By end-use industry, the market has been segregated into aerospace and defense, automotive and transportation, electrical and electronics, and others. The aerospace and defense segment accounted for the largest market share in 2017 on account of the increasing use of high-temperature composite resins in engines, ducts, stators, and heat shields, among others.

Intended Audience

• High-temperature composite resin manufacturers
• Traders and distributors of high-temperature composite resin
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratories

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