Construction: April 2021

Friday, April 30, 2021

Surface Treatment Chemicals Market Size, Share, Trend, Industry Statistics, Comprehensive Analysis and Top Countries data by Forecast to 2023

Market Overview:

Surface Treatment is either a mechanical or a chemical process that is mainly deployed in order to improve the surface properties of different materials such as metal, plastics, and wood, among others. The Surface Treatment Chemicals confer some important physical advantages to the substrate and also add into the life span of the end product so manufactured. These chemicals help reducing or enhancing photosensitivity, striping of paints and other tough stains, corrosion curing, and most importantly electroplating of the metal surface. The major applications of surface Treatment Chemicals can be found in industrial machinery and metals to extend the durability and performance of the same. Moreover, automotive, construction and electrical industries are some of the other substantial end users of Surface Treatment Chemicals. The protuberant factors driving growth of the Global Surface Treatment Chemicals Market are the rising demand of passenger vehicles from developing countries, rapid urbanization, growing industrialization and increasing infrastructure development activities around the globe.

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Market Segmentation:

The Global Surface Treatment Chemicals Market has been segmented on the basis of type, substrate type, application and region.

Based on the Type, the market is categorized into anodizing solution, paint strippers, passivation, pickling, anti-corrosion, cleaners and others. Among these types, the anodizing chemicals, which are used as an electrolytic solution to provide protective covering on metals through an electrolysis process, is holding major share of the market. This is attributed to ease and effectiveness of the process in curing corrosion, other flaws.

By the Substrate Type, the market is categorized into metal, plastic, wood. The metal is the major substrate segment owing to the vast use in numerous end user industries such as automotive, construction and electrical. In coming years, the plastic substrate type is projected to grow at considerable CAGR with rising use of light weight yet stiff polymeric materials.

Lastly, Based on the Application, the Global Surface Treatment Chemicals Market classified into automotive & transportation, industrial machinery, construction, electrical & electronics, wherein the automotive & transportation is the largest application of surface treatment chemicals, holding over 40% share of the market in 2016. This is attributed to, growing demand of cars and rising global trade fuelling growth of the transportation sector during the years to follow.

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Competitive Analysis:

· PPG Industries

· Henkel AG & Co. KGa

· Nippon Paint Holdings Co., Ltd.

· Solvay SA

· OC Oerlikon

· McGean-Rohco Inc.

· JCU CORPORATION

· Platform Specialty Products Corporation

· Quaker Chemical Corporation

· Nihon Parkerizing Co.,Ltd

Regional Analysis:

The Global Surface Treatment Chemical Market consists of five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these regions, Asia Pacific is estimated to grow at the highest CAGR and holds over 45% share of the market on account of increasing construction activities, along with the steady growth in transportation and marine sector in this region. Countries namely, India, Japan, South Korea and China are the leading markets in this region. Following Asia Pacific, North America is the second most significant region in the Global Surface Treatment Chemicals Market. The U.S. is the major market in this region due to increasing demand for the product form well-established end use industries in this country, such as aerospace, construction, marine and defense. Europe is also a substantial region in the Global Surface Treatment Chemicals Market. The European automotive industry holds the major share of the global vehicle production, which drives the growth of the regional market. The U.K, France, Germany, and Italy are major contributors to the regional market. Latin America is expected to grow at a considerable CAGR during the forecast period, which is attributed to reviving economic scenario in various countries namely Brazil, Venezuela and Mexico. The Middle East & Africa are equipped with greater opportunities for the product owing to the growing construction industry, which is likely to boost the growth of the regional market during the forecast period.

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Zinc dialkyldithiophosphates Additive Industry Growth Trends, Industry Opportunities, Demand, Manufactures, Business Insight and Global Analysis, Forecast – 2027

Market Overview:

Synopsis of Zinc dialkyldithiophosphates Additive Industry

Zinc dialkyldithiophosphates additive, also known as ZDDP additive, is a class of coordination compounds that contains zinc bound to dialkyldithiophosphoric acid. ZDDP additives are soluble in non-polar solvents, minerals, and synthetic oils. These additives are extensively used in the automobile industry as corrosion inhibitors, antioxidants, and anti-wear additives in hydraulic oils, motor oils, and greases. Zinc dialkyldithiophosphates additive provides enhanced protection to lifter bores, rod bearings, main bearings, and camshaft lobes among others. The increasing demand for additives to increase the shelf life of engines along with the need for reduction in emissions is expected to affect the growth of the global ZDDP additive market positively. The growing number of vehicles across the globe is the major factor driving the Zinc dialkyldithiophosphates Additive Industry. Moreover, growing purchasing power in the developing economies is expected to contribute considerably to the growth of the Zinc dialkyldithiophosphates Additive Industry. Moreover, stringent government regulation to check the emissions from vehicles across the globe is further augmenting the demand for zinc dialkyldithiophosphates additives. However, the growing demand for electric vehicles is a major downside to the growth of the market.

Among the various end-use industries in the Zinc dialkyldithiophosphates Additive Industry, the automobile constitutes the major market share and is expected show the same trend during the review period. The growing applications as lubricants, greases, antioxidants, corrosion inhibitors, and others are anticipated to contribute to the growth of the market substantially.

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Market Scenario

Among the various end-use segment, the automobile is anticipated to be the largest segment with a market share of above 75% during the forecast period. On the basis of the product type, the market is segmented into primary and secondary alkyl zinc dialkyldithiophosphates. Primary alkyl ZDDP has advantages such as better thermal stability but is less efficient in terms of hydrolytic stability and anti-wear protection. The secondary alkyl ZDDP offers better hydrolytic stability and antiwear protection. Moreover, the secondary alkyl ZDDP additives are extensively used in applications extreme pressure applications.

Market Segmentation

The global Zinc dialkyldithiophosphates Additive Industry is segmented into product type, application end-use industry, and region. On the basis of the product type, the market is segregated into primary alkyl zinc dialkyldithiophosphates and secondary alkyl zinc dialkyldithiophosphates. On the basis of the application, the global market is segmented into anti-wear additives, corrosion inhibitors, antioxidants, and others. On the basis of the end-user industry, the market is segmented into automotive and industrial. The market by region is further segmented into Asia Pacific, North America, Europe, Latin America, the Middle East and Africa.

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Competitive Analysis

Ø BASF SE

Ø Afton Chemical

Ø Chevron Oronite Company LLC

Ø Infineum International Limited

Ø Chevron Corporation

Ø AMSOIL INC

Ø The Lubrizol Corporation

Ø Prasol Chemicals Pvt. Ltd

Ø Camguard

Intended Audience

Zinc dialkyldithiophosphates additive market manufacturers
Traders and distributors of Zinc dialkyldithiophosphates Additive Industry
Production process industries
Potential investors
Raw material suppliers
Nationalized laboratory

Regional Analysis

The global Zinc dialkyldithiophosphates Additive Industry is spanned across five key regions: Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an expanding CAGR. The developing automobile sector, especially in India, China, and Japan, is anticipated to be the key factor surging the demand in this region. Moreover, the encouraging government regulations along with the availability of cheap raw material and labor has resulted in the shifting of automobile manufacturing hubs into the region further fuelling the market demand for ZDDP additives.

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Treated Distillate Aromatic Extracts Industry Size, Opportunities, Sales Revenue, Emerging Technologies, Industry Growth and Regional Study by Forecast to 2027

Treated Distillate Aromatic Extract (TDAE) are used in a large variety of finished products in the chemical and manufacturing industries. It is used as a softening additive in the manufacturing process of rubber compounds. Due to its high aromatic content leads to the reduction of frictional heat buildup during the use of tires. It is also used in manufacturing of other automotive components such as belt, hoses, battery containers and other extruded products. TDAE is used to blend with heavy fuels is an important commercial use in chemical plants and maritime transport.

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Some of the prominent factors that positively influence the growth of TDAE Market are, increasing crude oil production reducing the raw material gap, rising demand for efficient tires to reduce power consumption, and increasing maritime trade. Increasing urbanization along with rising per capita disposable income in the developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2017 to 2023. High adoption rate along with the increasing number of power plants to meet the energy requirements for the ever-growing population. Moreover, continuous expansion of automotive sector as well as shifting manufacturers focus towards cost effective vehicles are estimated to fuel the growth of the market during the review period, 2017 to 2023. However, growing environmental concerns regarding the toxic effect of chemicals used in TDAE along with the implementation of strict regulations are predicted to hinder the market growth over the assessment period, 2017 to 2023.

Regional Analysis:

The Middle East & Africa is estimated to be the largest TDAE Market followed by North America and Europe due to strong existence of crude oil reserves. In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for TDAE in automotive parts manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for TDAE, and is estimated to grow with the same pace over the forecast period. In North America, U.S. and Mexico are among the major contributors in the regional market growth due to expansion of offshore and onshore activities as well as increasing innovations. In South America, Mexico is expected to register strong growth due to robust presence of automobile manufacturers.

Market Segmentation:

The Global TDAE Market is categorized on the basis of application, and region. On the basis of application, the TDAE market is categorized into tires & tubes, belting & hoses, battery containers, extruded products, and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Key Players:

Some of the prominent players operating in the Global TDAE Market are Lanxess (Germany), Royal Dutch Shell plc (the Netherlands), Total S.A. (France), Eni S.p.A. (Italy), Gazpromneft Lubricants (Russia), ATDM (Iran), H&R Group (Japan), Halliburton (U.S.), Nynas (Sweden), and CPC Coproration (China), among others.

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Superwetting Surfactants Market | Trends, Analysis by Key Manufacturers, Trends, Growth, And Regional Outlook and Forecast 2020-2027

Market Insights:

The key factors driving the growth of this market are the rapidly growing demand for the product in the agrochemicals to increase their performance. Their physical properties such as excellent spreading, good solubility in water and organic solvents, and high polymer content favor their demand in the paints and coatings industry. There is a rising global demand for label packaging, which provides the nutritive and product information. Superwetting surfactants are widely used in developing the coating formulations especially for the hard-to-coat surfaces such as metals, wood, and composites. This is expected to propel the global market growth in the coming years.

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Competitive Analysis

· BYK

· BASF SE

· Ethox Chemicals LLC

· Siltech Corporation

· Evonik

· AGC SEIMI CHEMICAL CO.

· Ashland

· The Dow Chemical Company

· Jiangxi Tiansheng New Materials Co., Ltd.

· BRANDT

Market Segmentation

The global superwetting surfactants market has been segregated on the basis of type, application, and region.

By type, the global superwetting surfactants market has been divided into organic surfactants, silicone-based surfactants, fluoro-surfactants, and others. The silicone-based segment accounted for the largest market share in 2017 and is expected to register the highest CAGR on account of high demand in the agrochemicals industry. In addition, the product is widely use in developing coating formulations for the automotive industry.

On the basis of application, the global superwetting surfactants market has been categorized into agricultural adjuvants, paints & coatings, cleaning, printing inks, overprint varnishes & primers, adhesives, and others. The agricultural adjuvants segment held the largest market share in 2017 and is projected to be the leading segment in the coming years. The growing demand for highly efficient agrochemicals with minimal negative impact is likely to boost the demand for superwetting surfactants as a performance enhancer. Furthermore, the coatings and varnishes application segment is expected to register a healthy CAGR during the forecast period.

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Regional Analysis

Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the five key regions studied for the global superwetting surfactants market. Asia-Pacific accounted for the largest market share in 2017 and is projected to be the fastest growing regional market. This is primarily attributed to the surging demand for the product in agrochemicals, paints and coatings and consumer goods industries in this region.

The market in North America is expected to hold the second-largest market share on account of rapid growth in demand for the product for increasing the agricultural productivity. The European market is expected to witness sluggish growth during the forecast period.

Intended Audience

Superwetting Surfactants Manufacturers
Traders and Distributors of Superwetting Surfactants
Research and Development Institutes
Potential Investors
Raw Material Suppliers
Nationalized Laboratories

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Note: Our Team of researchers are studying Covid-19 and its impact on Various industry Verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Specialty Silicone Market Competitive Analysis, Business Opportunities, Statistics, And Regional Forecast To 2023

Market Insights:

The specialty silicone market is driven mainly by the growing demand for specialty silicone from the construction industry. Specialty silicone are used in a number of insulation applications in the construction industry due to their superior resistance to heat and water, which makes them the ideal material to keep out moisture from a building and maintain the building’s inner temperature. Growing demand for effective insulation materials is likely to be a major driver for the global specialty silicone market over the forecast period. The rising construction industry in emerging regions such as Asia Pacific and the Middle East is likely to be a major driver for the global specialty silicone market over the forecast period. Textile and personal care applications of specialty silicone are also likely to take up a solid share in the global specialty silicone market over the forecast period, due to the effectivity of specialty silicone in adding to the luster of the fabric or of the skin and keeping it safe from water damage.

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Industry Segmentation:

The global specialty silicone market is segmented on the basis of type, end-use industry, and region.

On the basis of type, the specialty silicone market is segmented into antifoam/defoaming agents, silicone elastomers, silicone greases, silicone surfactants, silicone polish, silicone textile softeners, silicone water repellants, thin silicone membranes, and others.

By end use industry, the global specialty silicone market is categorized into textiles, healthcare, electronics, construction, cosmetics and personal care products, automotive and others.

Competitive Analysis:

· Dow Corning Corporation

· Momentive

· Elkem AS

· Siltech Corporation

· KCC Basildon

· AB Specialty silicone

· Evonik Industries AG

· Shin-Etsu Chemical Company

· Wacker Chemie AG.

Industry Updates:

In November 2018, Heico Corp. announced plans to acquire Specialty Silicone Products Inc.

Regional Analysis:

The global specialty silicone market is segmented on the basis of region into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Asia Pacific is expected to dominate the global specialty silicone market over the forecast period due to the growing construction industry in the region. The growing demand for effective insulation and moisture resistance systems in the construction sector is likely to be a major driver for the specialty silicone market. The humidity in Southeast Asian countries and the rapid urbanization in coastal regions is likely to remain a major driver for the specialty silicone market over the forecast period. The growing disposable income of consumers is likely to be a major driver for the specialty silicone market in the region over the forecast period, as the increasing disposable income is likely to drive the demand for new residential construction. Increasing industrial activities in the textiles, healthcare, personal care products, and electronics industries in Asia Pacific are also likely to drive the specialty silicone market in the region.

North America is also likely to retain a strong position in the global specialty silicone market over the forecast period due to the strong presence of the automotive industry, construction industry, and healthcare industry in the region. The strong presence of several leading specialty silicone producers in North America is also conducive to steady growth of the specialty silicone market in the region over the forecast period.

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Market Insights:

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Industry Segmentation:

The global specialty silicone market is segmented on the basis of type, end-use industry, and region.

By end use industry, the global specialty silicone market is categorized into textiles, healthcare, electronics, construction, cosmetics and personal care products, automotive and others.

Competitive Analysis:

· Dow Corning Corporation

· Momentive

· Elkem AS

· Siltech Corporation

· KCC Basildon

· AB Specialty silicone

· Evonik Industries AG

· Shin-Etsu Chemical Company

· Wacker Chemie AG.

Industry Updates:

In November 2018, Heico Corp. announced plans to acquire Specialty Silicone Products Inc.

Regional Analysis:

The global specialty silicone market is segmented on the basis of region into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

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Sodium Starch Glycolate Market Share, Size, Competitive Landscape by Regional Forecast to 2023

Sodium Starch Glycolate Market – Market Overview

Sodium starch glycolate (SSG) is obtained by carboxymethylating starch from various origins namely potato, corn, rice, and wheat. It is widely used as a disintegrant in formulation of tablets and capsules owing to its ability to absorb water rapidly. Potato and corn starch are extensively used for producing sodium starch glycolate. It is used as a thickener and stabilizer for wallpaper adhesives and food products namely snacks, meat products & juices respectively.

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Use of sodium carboxymethyl starch in sodium carboxymethylcellulose has augmented due to cost-effectiveness. Increasing number of non-communicable diseases such as cardiovascular, high blood pressure, and chronic respiratory diseases due to changing habits and aging population is likely to increase the product demand. Its usage is growing in pharmaceutical industry due to rising health awareness and longer life expectancies among consumers across the globe. For instance, Primojel, an SSG manufactured by DEF pharma is widely used for making tablets and capsules. Presence of huge biotechnological pharma companies in the U.S. is likely to fuel the demand for the product. Surging demand for adhesives from automotive and packaging industry is driving the market growth in the North America, Europe, and Asia Pacific region. It is also used as an additive in glues for plywood. Growing use of paper bags due to durability and eco-friendliness is fueling the demand for adhesives. It is also used in cosmetics and beauty products due to its properties such as longevity in moisturization and smoothness. Recently, Roquette Co. announced the launch of new SSG product under brand “Beauty by Roquette” to be used in the cosmetics industry. It has also introduced modified starches, which are used in adhesives. Increasing consumer spending on eatables is expected to drive the growth of the market globally. Tablets made using wheat-based sodium starch glycolate may cause an adverse effect on the consumers due to the presence of gluten in the tablets.

Segmentation

The global Sodium Starch Glycolate Market is segmented into product, applications, and region.

On the basis of the product, the market is divided into the potato, corn, wheat, and others.

Based on the application, the global sodium starch glycolate market is segmented into pharmaceuticals, food ingredients, adhesives, textile, and others.

Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.

Key Player:

Ø DFE Pharma

Ø Roquette

Ø Shree Chemicals

Ø Yung Zip Chemical Ind. co., Ltd

Ø Prachin Chemical

Ø NB Entrepreneurs

Ø Spectrum Chemical Manufacturing Corp.

Ø H.P. Chemicals

Ø Remedy labs

Ø JRS PHARMA

Ø Muby Chemicals

Industry/ Innovation/ Related News:

June 2017- Roquette acquire Blancer’s Brazil-based Itacel, an excipient division to meet the growing market demand of binders, fillers, and disintegrants. This acquisition is expected to expand footprint of Roquette in North America, Brazil, and Latin America region. Roquette’s agreement includes intecel’s manufacturing plant with R&D facilities along with its employee.

January 2017- JRS Pharma expanded its disintegrants plant facility in Gujarat Microwax of India. This expansion project increases its capacity to double its original capacity. EXPLOTAB® Sodium Starch Glycolate and VIVASOL® Croscarmellose Sodium are the two disintegrants brands of JRS Pharma.

September 2017- Chinese company Yung Zip Chemical Ind. co., Ltd. made an agreement with Anshul Life sciences, India regarding the distribution of its DST brand of Sodium Starch Glycolate (SSG). DST® brand of SSG is equipped with all the necessary regulatory documents. Anshul Life Sciences is having sufficient stocks &services to cater to the customer requirements with continuous uninterrupted supplies.