Ceramic Fiber Market Analysis, Strategies and Regional Outlook, 2023

14 Aug 2019 – The Ceramic Fiber Market is subject to witness a substantial growth due to the soaring demand from the iron & steel industry and petrochemical industry, and increasing application in insulation segment. Ceramic fiber offers high thermal efficiency in comparison with its counterparts are largely used in the high temperature applications. Globally, the ceramic fiber market is predicted to generate massive revenue in the forecast period, providing numerous opportunities for market players to invest for research and development in the ceramic fiber market.

High-end demand for ceramic fibers in various end-user industries is attributed to superior properties of ceramic fibers such as lightweight, compact size, high thermal conductivity, thermal shock resistance, resistance to chemical and adverse atmospheric conditions. These factors are expected to boost market demand for fiber ceramics over the forecast period. Iron & steel industry is considered the largest in consummation of ceramic fibers in high levels for better thermal efficiency. Furthermore, fiber ceramics are widely used in manufacturing of blankets, fibers, paper and boards, thereby propelling market growth, in the recent years.

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Ceramic fibers are categorized into three major segments based on product type such as refractory ceramic fiber (RCF), polycrystalline fiber and low bio-persistent fiber. The refractory ceramic fiber (RCF) is considered as one of the fastest growing segment in the ceramic fiber market with massive revenue generation in the last few years. Low bio-persistent fiber market segment has also witnessed substantial growth, in the recent years, due to stringent rules & regulation regarding excessive use of refractory ceramic fiber (RCF), majorly in European and North American region. However, factors such as environmental hazards due to excessive use and durability are limiting market growth of the refractory ceramic fiber (RCF) segment to large extent.

Increasing demand from energy & power industry, petroleum & petrochemicals, textile, manufacturing and paper & pulp sector are expected to fuel market expansion over the upcoming years. Growing number of application in petroleum & petrochemicals, industry is anticipated to favor the growth of ceramics fiber market in the near future. Some of common application of the ceramics fiber in petroleum & petrochemicals industry include fluid catalytic cracking units, boilers, and fired heaters in the petroleum industry.

The robust growth of the petroleum & petrochemicals industry is attributed massive demand from end-user industries such as construction sector, electronics sector, healthcare industry, transportation sector and consumer goods. This leads to large-scale supply and demand for ceramic fiber products across the globe. The market is broadly categorized into five major segments based on end-user application such as petrochemicals industry, paper & pulp sector, textile industry and energy & power sector. Some of the typical application of the ceramic fibers include high temperature insulation seals and gaskets, protective blankets, curtains, covers, pads and wrapping. The ceramic fibers are also used in expansion joint fabric and safety clothing.

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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in manufacturing synthetic fibers, recent activities in shale exploration, and existence of well-established industrial infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the ceramic fiber market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, ever-growing population, improving standards of living, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the ceramic fiber market are Unifrax Co., IBIDEN Co., Ltd., Moran thermal Ceramics Ltd., Isolite Insulating Products Co., Ltd., Shandong Luyang Share Co., Ltd., Thermost Thermotech Co., Ltd., Rath Inc., Nutec Fibratec S.A., General Insulation Europe Ltd., and Yeso Insulating Products Co., Ltd.

Limonene Market- Global Industry Survey, Outlook and Forecasts to 2022

13 Aug 2019 – The Global Limonene Market is subject to witness a substantial growth due to the growing popularity of limonene in the personal care products and cleansers, and increasing demand for production of dietary supplements. Limonene consists of anti-oxidant properties, and commonly known as a non-carcinogenic or mutagenic. These properties makes limonene a better option for dietary supplements and various nutrients instead of non-organic products.

Additionally, increase in number of domestic applications is expected to fuel market demand for limonene in the upcoming years. Globally, the market is predicted to grow at a CAGR of 6.08% in the forecast period, providing numerous opportunities for market players to invest in research and development of the limonene market.

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However, volatility in cost of limonene & its variants is considered as key challenge for market growth. In addition, dependency of limonene market on agricultural productivity, the weather and other environmental factors are negatively affecting market growth to a certain extent. Availability of viable alternatives such as Myralene solvent with lower costs and similar properties is expected to restrain market as well. Yet, increase in import and export activities in North America region is expected to offer lucrative growth opportunities for regional industry players over the forecast period.

Aggressive marketing by the industry players and numerous brand improvement efforts by local manufacturers is attracting more consumers towards D-Limonene and limonene products. Introduction of the different variants of limonene and numerous health benefits associated with its daily consummation, coupled with increasing popularity among geriatric population, is expected to boosting the sales of the limonene products, thus leading to the growth of the limonene market over the forecast period.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in chemical industry, increase in the import & export activities in the region, and existence of prominent industry players.

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Asia-Pacific region is predicted to hold major market share in the limonene market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing awareness among general population about benefits of D-Limonene and limonene products, rising personal disposable income, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the limonene market are Moellhausen S.p.A., Florida Chemical Company, Inc., Lemon Consentrate S.L., XR-2000, Inc., Schepise Chemical Sales, LLC, Orchidia Fragrances Co., Sharp Methanol India Ltd., Citroflavor Essential Oils Co., Hunter Sales, Inc., EZ clean Co., and Frutech International Corporation de México S.A.

Lignosulfonates Market Competitive Situation, Sales, Revenue & Growth Forecasts, 2022

13 Aug 2019 – Global Lignosulfonates Market is expected to witness considerable growth in the forecast period owing to the worldwide explosive demand of lignosulfonates from the construction industry. Lignosulfonates are water-soluble anionic polyelectrolyte polymers. They are derived from the production of wood pulp with sulfite pulping. The wood is mainly composed of three components as hemicellulose, cellulose, and lignin.

During the sulfite pulping procedure, the lignins are water-soluble and sorted as insoluble cellulose and soluble cellulose. The separated soluble lignins are known as lignosulfonates. Lignosulfonates are greatly versatile and hold wide range of industrial applications. Although lignosulfonates are commonly associated with construction of public roads & dust control, they are also used as dispersants, emulsifiers, and binders, in several products like gypsum board, micronutrients and animal fodder pellets.

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The increase in demand for lignosulfonates from animal fodder industry is one of the major driving factors for the growth of market and is predicted to continue growing in future as well. Additionally, the speedy growth in construction industry is estimated to boost market in future. On the contrary, the probable threat from product substitutions is expected to hamper the growth of lignosulfonates market in the years to come. However, the increase in demand for animal fodder binder especially from emerging economies is anticipated to create favorable opportunities for the market players globally.

Polycarboxylic ether, sulfonated naphthalene formaldehyde and sulfonated melamine formaldehyde are stiff competition and substitution to lignosulfonates market in application industries like animal fodder binders and oil well additives. Moreover, there are several animal fodder binders with bentonite & clay, guar meal & starch, wheat. Synthetic binders like urea-formaldehyde might affect the growth of market negatively in the coming years. Nevertheless, the growing oil production in Middle East & Africa is predicted to boost progressively in near future, thereby driving the lignosulfonates market.

Lignosulfonates are added in cement to produce high-quality concrete. It helps in enhancing the cement and concrete quality. Demand for lignosulfonates is predicted to grow in concrete admixtures application industry due to the increasing investments in infrastructure segment. This trend is expected to increase infrastructure investments globally. The adoption of ecofriendly products is on the rise due to various initiatives by governments across the globe. Depletion of natural resources ad global warming are the reason for the rising focus on environment-friendly products. The growing use of concrete admixtures in construction industry is also stimulating lignosulfonates market.

The market is categorized on the basis of product, application and geography. On the basis of product, market can be divided into sodium ligosulfonate, magnesium lignosulfonate, calcium lignosulfonate, and others. Sodium ligosulfonate is expected to dominate the market owing to its extensive use as pellet binder for animal fodder and as cost-effective plasticizer in concrete admixtures.

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Based on application, market is classified into oil well additives, dust control, animal fodder binder, concrete additives, and others (leather tanning, plasterboard, and additive for lead batteries). Owing to the increase in demand for animal fodder worldwide, animal fodder binder is predicted to lead lignosulfonates market in the years to come.

Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Owing to the growth in population and industrialization, North America followed by Europe are expected to lead the demand for lignosulfonates in future. The prominent players in lignosulfonates market comprise Borregaard LignoTech, Sappi Limited, Tembec Inc., Nippon Paper Industries Co. Ltd., and Burgo Group.

Hydrogen Peroxide Market Size Analysis, Growth and Forecast Report to 2023

12 Aug 2019 – The Global Hydrogen Peroxide Market is subject to witness a substantial growth due to the growing demand from paper & pulp industries. The hydrogen peroxide is commonly used as oxidizer, bleaching agent and antiseptic due to its superior chemical properties. In addition, soaring demand for hydrogen peroxide from chemical sector because of increasing number of application is expected to fuel the growth of hydrogen peroxide market in the upcoming years.

Growing demand for hydrogen peroxide from pharmaceutical and personal care industry is a major catalyst for market growth in the recent years. Globally, the market is predicted to generate massive revenue in the forecast period, providing numerous opportunities for market players to invest in research and development of the hydrogen peroxide industry. Growing demand for paper & pulp from packaging, commercial sectors and pharmaceuticals is predicted to foster market growth over the next few years. In addition, hydrogen peroxide is also used in numerous application involving disinfectant, bleaching agent, protection agent and purification of wastewater.

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Soaring demand from paper & pulp industry is considered as one of the key driving factor for robust market growth of hydrogen peroxide industry in the last few years. Growing demand for hydrogen peroxide from oral care & cosmetic sector is attributed to its oxidizing and antiseptic properties thus propelling market growth, in the recent years. Growing demand for hydrogen peroxide from various end-use industries such as paper & pulp, chemicals, medicine, oral care and cosmetics, electronics & electrical, and agriculture sector is expected to offer lucrative growth opportunities for industry participants over the forecast period.

Hydrogen peroxide as an oxidizing agent is gaining traction within chemical sector, in the last few years. Hydrogen peroxide has superior chemical properties that is vital during production of sodium per carbonate and sodium perborate. Rise in domestic uses of hydrogen peroxide, primarily as a cleaning and disinfecting agent is propelling market growth further. Moreover, hydrogen peroxide has found numerous application in personal care, oral care and cleaning products due to its properties such as bleaching, tooth whitening, oxidizing, and disinfectant. Application of the hydrogen peroxide include sterilization, toothpastes, sanitizer, mouth wash and hair dyes. These factors are anticipated to drive the growth of hydrogen peroxide market in the upcoming years. Moreover, increasing adoption of hydrogen peroxide from agriculture sector to improve overall crop yield is predicted to boost market demand in the near future. Hydrogen peroxide is also used as a cleaning agent in electronic industry.

The pulp & paper industry is considered as one of the fastest growing segment in the hydrogen peroxide market with substantial revenue generation in the last few years. Growing demand for hydrogen peroxide from pulp & paper industry is attributed to superior chemical properties and cost efficiency. Industrial hydrogen peroxide, which is used as a bleaching agent in the pulp & paper industry, is most considered as eco-friendly in nature. In addition, declining manufacturing cost, easy availability, and high performance are some of the key advantages of hydrogen peroxide. Industrial hydrogen peroxide improve intensity levels and increases the brightness stability of pulp & paper.

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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in chemical manufacturing sector, high number of manufacturing units, soaring demand form demand from paper & pulp industries, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the hydrogen peroxide market with massive growth in forecast period.

Countries such as India, China and Japan are leading the Asia-Pacific market with rapid industrialization, strong economic growth, growing demand from various end-user industries, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the hydrogen peroxide market are Solvay S.A., Evonik Industries A/G, Arkema S.A., National Peroxide Ltd., and Mitsubishi Gas Chemical Co.

Glass Fiber Market Shares, Strategies and Forecasts Analysis and Overview 2022

12 Aug 2019 – The Global Glass Fiber Market is anticipated to grow at a CAGR of 5.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Glass fiber, as the name suggests, involves fine fibers of glass. The factors that propel the growth of the Glass Fiber Market include increased usage of in automobiles to decrease weight and CO2 emissions, increased construction activities at the global level, and demand for corrosion resistance applications such as pipes and tanks from oil & gas and water supply sector.

On the other hand, there are factors that may hamper the growth of the market including hunting by manufacturers of automobiles for inexpensive and harmless substitutions, and adverse health effects of fiberglass. The market may be explored by type, manufacturing process, application, and geography. The market could be explored based on product type as Single-End Roving, Multi-End Roving, CSM, Woven Roving, CS, DUCS, CFM, Fabrics, and Others. Glass Fiber Market may be explored by manufacturing process as Hand Lay-Up, Spray Up, Pultrusion, Injection Molding, Prepreg Lay Up, Compression Molding, Resin Infusion, and Others.

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Market may be analyzed by application as Consumer products, Construction, Wind turbines, and Transportation. The “Construction” segment led the Glass Fiber Market in 2016 and is anticipated to maintain its dominance by 2020 owing to rising use of glass fibers as mixtures in building materials and increasing replacement of steel with glass fibers to reduce the maintenance costs and avert erosion.

Asia-Pacific accounted for the major share of the Glass Fiber Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include foremost upcoming construction schemes in the region. Thus, the rising construction industry, particularly in commercial building segment, is driving the demand for glass fiber in this region.

Some of the key players that fuel the growth of the Glass Fiber Market comprise Owens Corning, PPG Industries, Nippon Sheet Glass, Knauf and Advanced Glass fiber Yarns, and China Fiberglass Company, among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Key Applications

• Transportation
• Construction
• Electronic & Electrical
• Pipe & Tank
• Wind
• Consumer Goods

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Brake Fluid Industry Analysis, Size, Growth, Trends and Forecast to 2022

9 Aug 2019 – The Global Brake Fluid Market is expected to grow at a CAGR of 7.9% by 2022. The Market is anticipated to grow considerably owing to increased manufacturing of vehicles and the growing demand for lightweight vehicles. Brake fluid is also known as hydraulic fluid and is used in clutch and hydraulic brake applications in automobiles. It transfers force into pressure and amplifies the brake force. In short, when the foot brakes are applied, brake fluid transfers this force into pressure to the rear and front brakes, which slows down or stops the vehicle. Moreover, automotive brake fluid prevents corrosion and act as lubricant for all the moving components.

The automotive brake fluids are changed in a year or two and monthly in sports (racing) automotive to improve durability and safety of automobile, affecting brake fluid market remarkably. The increase in number of automotive OEMs and car servicing centers have resulted in the growth of technological modernization and product improvements in brake fluids by leading companies like Castrol, BASF, Bosch, Exxon Mobil, and Dow Automotive Systems, etc. Owing to these renovations, brake fluid market is projected to grow significantly in the years to come.

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Increase in demand for automobile with improved braking system is the major factor driving brake fluid market in the coming years. Strict regulations for automotive industries regarding safety by regulatory bodies worldwide is predicted to augment the market greatly. Brake fluid is responsible for numerous braking activities like better braking response, durability, and flexibility, which is likely to offer lucrative opportunities in brake fluids market in the near future.

Constant advancements in car service outlets, automotive OEMs, and suppliers are emphasizing on innovations to offer secured products and expansion of production sites by businesses are few trends that are predicted to encourage the growth of brake fluid market worldwide. Nevertheless, lack of consumer awareness and cheap substitutes are the major downside, hindering the market growth.

Establishment of several workshops, service centers and retailers are other major factors to drive brake fluids market in the coming years. In the past developments, TRW aftermarket brake has improved progressively and has made strong presence in advanced braking systems that comprise (ESP) Electronic Stability Programmers. In these systems, the brake fluid reacts immediately, maximize vehicle performance and prevent skidding. Advanced brake fluids are installed in every new automobile and is projected to be a major growth factor for brake fluid market in forecast period.

The market is categorized on the basis of product type, fluid type and geography. On the basis of product type, market is divided into castor oil-based (pre-DOT, DOT 2), glycol-based (DOT 3, 4, 5.1), and silicone-based (DOT 5). Based on fluid type, market is divided into non-petroleum base and petroleum (mineral) base. Non-petroleum based are widely used globally and is projected to hold larger share of market in future.

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Geographically, the market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Owing to the increasing number of vehicles, Asia Pacific is projected to hold larger market of brake fluid market in the years to come. The prominent players in brake fluid market are Beijing Haidian Huiyuan Synthetic Agents, Bosch, Delian Group, Fuchs, Jilin Hairun, Copton, Cnpc, Castrol (BP), Beijing Haidian Huiyuan Synthetic Agents, Caltex, Exxon Mobil, Irico Group, Original, Laike, Shenzhen Pingchi Industry Co, Shell, Sinopec, Total, Teec, Tianjin Xuqi Gongmao, Zhuhai Gaida Shiye.

Ethylene Butyl Acrylate (EBA) Market Capital Investment, Outlook and Forecast Analysis To 2022

8 Aug 2019 – The Global Ethylene Butyl Acrylate (EBA) Market is subject to witness a substantial growth due to the growing need for production of color formers. One of the major application of the Ethylene Butyl Acrylate is production of heat & pressure sensitive dye, and leuco dye. Globally, the Ethylene Butyl Acrylate market is predicted to generate massive revenue in the forecast period, providing numerous opportunities for market players to invest in research and development of the Ethylene Butyl Acrylate (EBA) market.

Ethylene Butyl Acrylate (EBA) increasingly adopted for production of heat and pressure sensitive dye. The heat & pressure sensitive dye are largely used in the pressure and heat sensitive recording systems that utilizes color formation mechanism; such systems consists of various color formers, developers and sensitizers. In addition, the heat & pressure sensitive dye is gaining traction in production of films and coverings in various end-user applications. Some of the end-user segments include food-packaging industry; agriculture sector, construction industry and form fill seal (FFS) bags.

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The recent technological advancement in the chemical industry coupled with development of the novel products such as Lucofin 1400 MN, which is a copolymer of Ethylene Butyl Acrylate, are expected to fuel market growth over the forecast period. The Lucofin 1400 MN is majorly derived from crystallization of ethylene and butyl acrylate. The Lucofin 1400 MN is highly flexible in comparison with ethylene homo-polymers. The Lucofin 1400 MN largely used for polymer alteration of butane and asphalt, roto-molding processes, and powder coating. Other application of the products include profile and cable extrusion purposes. The Lucofin 1400 MN plays a vital role in the manufacturing of various types of sealing membranes. These factors are expected to foster market demand for Ethylene Butyl Acrylate in the near future.

The Ethylene Butyl Acrylate (EBA) market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America and European region have shown major growth in recent years owing to the introduction of novel production techniques in the chemical industry and existence of well-established manufacturing sector in the region. Asia-Pacific region is predicted to hold major market share in the Ethylene Butyl Acrylate (EBA) market with massive growth in forecast period. Countries such as India and China are leading the Asia-Pacific market with strong economic growth, rising research & development activities, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the Ethylene Butyl Acrylate (EBA) market are Jianxin tyre (Fujian) Co., Ltd., Sigma-Aldrich Co., Sadhana Nitro Chem Ltd., Connect Chemicals GmbH, Wilson Chemical Innovations Inc., and Zhejiang Longsheng Group Co., Ltd.

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 Key Applications

• Heat & Pressure Sensitive Dye

Key Regions

• North America
• Europe
• Asia Pacific

Aluminum Powder Market Outlook, Development and Market Trends Forecast, 2022

8 Aug 2019 – The Aluminum Powder Market is projected to witness a CAGR of 3.6% in the forecast period. Aluminum powder is trifurcated as flakes, granules and atomized. The size dimensions being of identical nature varies with small amounts in the mentioned categories whereas the dimensions of a flake particle may vary significantly with others. Aluminum powder, on heating below 280 C, produces heat. This exothermic reaction gives out hydrogen and aluminium hydroxide as well.

Since the mass particle is small, the entire particle may instantly oxidize and a pile of such particles will burn. As flake particles have a larger surface area per unit mass than granular and atomized particles, the ignition is faster and burns rapidly over other types of powder. Commercially, the use of aluminum powder is higher in building and construction industry, which is applied as aerated concretes. As the demand for aerated concretes is increasing, the construction industry witnesses faster growth across the globe.

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The market is extensively driven by increase in use of aluminum powder for metallurgy and additive manufacturing. Used as a component for power metallurgy techniques, the market for aluminum powder gains a positive traction in the forecast period. Flake powder and Atomized powder are aluminum powder types. Application segment for aluminum powder market includes rocket fuel, pyro-technique, powder metallurgy, solar cell manufacturing and pigment. End-user segmentation for aluminum powder market include building & construction, semiconductor & electronics and chemicals.

Geographical segmentation for Aluminum Powder Market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions account for a significant market share due to rise in manufacturing and expanded scope of usage in developing countries. Demand for aluminum powder in solar cell manufacturing being high in the region along with other developing countries is likely to create favorable market conditions in the APAC sector. Manufacturers are now emphasizing on renewable sources of energy wherein the use of aluminum powder is significant.

North American and European market lead the global scenario due to inclination towards renewable sources of energy and wide presence of building & construction sector. The key players in the aluminum powder market include AMG Alpoco, the Metal Powder Company Limited, ECKA Granules, Rusal and Alcoa.

Key Applications

• Photovoltaic Metallization Pastes
• Metallic Pigments
• Refractory Materials
• Explosives & Propellants

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Key Regions

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Key Vendors

• Alcoa
• ECKA
• Rusal
• Shandong Jinmao
• Shandong Xinfa
• Toyo Aluminium
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Lubricant Additives Industry Analysis, Size, Growth, Trends and Forecast to 2023

7 Aug 2019 – Global Lubricant Additives Market is anticipated to grow at a CAGR of 4.3% by 2023. One of the most important motivators for the international business is growing trade of automobile, mainly passenger cars having greater performance and extended service intermissions. With reference to the source of the applications, the statement concentrates on the position and viewpoint for foremost uses/end users. It takes into consideration the intake in terms of sales, market stake, and development percentage of Lubricant Additives for respective use, including Automobile (Passenger Cars & Heavy Duty Vehicles), Industrial (Industrial Engine Oil, Metalworking Fluids, General Industrial Oil).

The subdivision of the passenger car motor oil was the leading sector responsible for above 30% stake of the international capacity in the year 2014. It is estimated to keep up its supremacy above the prediction period. The EURO standards regulating the quantity of hydrocarbons, carbon monoxide, nitrogen oxide, and dust together with change in customers’ inclinations in the direction of utilizing operationally competent and small viscidness fuel are motivating the necessity for passenger car motor oil.

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In the subdivision of industrial lubricants, general industrial oil was responsible for a stake of more than 35% of the international capacity during the year 2014. It is estimated to be the speedily developing subdivision above the upcoming years. The change of production amenities to low cost Asian nations is not at all eye-catching due to decreasing price affordability of producers in the area.

In addition, these producers are refining and updating the process of production to come to be economical throughout the world. This anticipated influencing market subtleties by means of capacity and superiority of lubricants used up. The Lubricant Additives on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Friction Modifiers, Anti-Wear Additives, Viscosity Index Modifiers, Antioxidants, Detergents and Dispersants.

The Dispersants and Viscosity Index Modifiers and Dispersants as a group were responsible for more than 40% stake of the international capacity during the year 2015. Dispersants are extensively utilized to avert from slush, paint, or additional deposit creation on exteriors. Approximately three-quarters of their usage remain in gasoline engine oils and diesel engine oils, wherever their practice exposed to safety of the engine.

The Lubricant Additives market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [France, Spain, Germany, U.K., Italy], Asia Pacific [India, Japan, China], Central & South America [Brazil], Middle East & Africa [South Africa].

By the source of geography, the Asia Pacific’s market of lubricant additives steered the international business by means of the stake of the demand during the year 2014. Development estimated motivated by the standards of fuel effectiveness combined with increasing conservational alarms regarding carbon release in the nation like Japan, India and China. The financial development in the area combined with industrial development has permitted bigger manufacture and custody of vehicles.

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A number of conservational and lawful aspects are stimulating progress of the business in Middle East & Africa and Central & South America too. These areas are likewise home to most important nations like South Africa and Brazil that are increasing by a speedy proportion owing to growing natively manufacture of heavy-duty vehicle and passenger car. The reclamation of subdivision of manufacturing in developed markets of Europe and North America for example Italy, Germany, the U.K.and the U.S.A, will motivate the ingestion above the prediction period. Growing involvement of the government to accomplish objectives of fuel economy expected to influence, more, business dynamic forces.

The statement revises Trades in terms of intake of Lubricant Additives in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Tianhe Chemicals, Lubrizol Corp, Evonik Industries, Chevron Oronite, BASF SE, Shamrock, Infineum International, Croda International, and Chemtura Corp.

Regional Analysis of Silica Aerogel Industry including Growth Estimates & Future Trend, 2023

5 Aug 2019 – Global Silica Aerogel Market is anticipated to grow considerably in the forecast period owing to the growing demand from several end-use industries like building & construction, oil & gas, automotive, aerospace, performance coating and marine. Aerogel is the synthetic ultra-light material derived from gel, where the liquid element of the gel is replaced with gas.

Silica aerogels are the most common type of aerogel varieties. It is a nanostructured material with high specific surface area, low density, low dielectric constant, high porosity, and excellent heat insulation properties. The different type of aerogels used are carbon, silicon, and polymers, etc. Silica aerogels are most widely used, which are derived by a revised stober process. Silica aerogel hold multiple properties like cost-effective, enhanced thermal insulation and recyclable, due to which it is used in several end-user industries. Owing to these properties, market is projected to rise considerably with a CAGR of 22.06% in the coming years.

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The increase in demand from the end-user industries is one of the major driving forces of silica aerogel market. The rising industrialization and urbanization in the emerging nations worldwide is another driving factor for the market. Furthermore, the increasing energy demand has propelled oil & gas sector, which again is expected to affect the growth of the market in the years to come. The emerging economies and changing lifestyle has majorly impelled the growth of construction segment, thereby driving silica aerogel market.

Silica aerogel is widely used as an insulator for refrigerators, containers and refrigerated vehicles. It is also widely used in textile industry to manufacture aerogel blankets. Silica aerogel is also used as an absorbent in numerous chemical manufacturing industries. The developments in the end-use industries increases the demand for silica aerogel too. Several businesses are focusing on extensive research & developments to develop new applications of silica aerogel, which again increases its use in various industries.

Conversely, cost of silica increases the cost of its derivation and preparation cost of aerogel are few factors constraining the growth of silica aerogel market. In addition, the complexities prevalent in preparation of silica aerogel are obstructing the rise of the market worldwide. The top market players are applying various competitive strategies like new product development, expansion, partnership to sustain in the growing silica aerogel market.

The market is categorized on the basis of raw material, form, application, and geography. Based on raw material, market is divided into silica, carbon, alumina, and others. On the basis of form, the market is divided into blanket, particle/powder, block, and panel. In terms of application, silica aerogel market is classified into building insulation, oil & gas, aerospace, automotive, healthcare, chemical, electronics, apparel, and other. Building insulation segment is projected to hold larger share of silica aerogel market owing to speedy growth of urbanization in emerging countries.

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Geographically, the market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold larger share of the market owing to the growing research & development activities. The key participants of silica aerogel market are Aspen Aerogel Inc., Airglass AB, Cabot Corporation, Acoustiblok UK Ltd., American Aerogel Corporation, BASF SE, Dow Corning Corporation, JIOS Aerogel, Active Aerogels, and Svenska Aerogel AB.