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Tire Materials Market Size, Share, Demand, Growth & Trends by 2028

Future Market Insights recently published a report titled “Tire Materials Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028” that offers decisive insights pertaining to the global tire materials market and provides extensive information through organized market research.

According to the report, the global tire materials market has been envisaged to approach the valuation of US$ 100 Bn towards the end of forecast period.

Silica to Witness an Upsurge in Demand with Increasing Production of Green Tires

Synthetic rubber and fillers used in automotive tires have significantly changed over the past decade. Attributing to the rising environmental concerns, many regions have formed regulations that mandate tire labeling. The implementation of labeling initiatives and growing environmental concerns have led to an increase in the production of high-performance tires or green tires.

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Regulatory bodies have also laid incentives for manufacturers and consumers with a preference for performance tires. Due to the adoption of green technology, silica is extensively being used as a filler material as an effective replacement for carbon black in the recent years.

The adoption of silica in the production of green tires has reduced CO2 emissions almost by 7% and increased fuel efficiency. Thus, increasing focus towards the reduction of carbon footprint and greenhouse gas effects is driving the demand for silica in tire production.

Increasing Automotive Production and Ever-rising Size of Vehicle Fleet to Boost the Tire Materials Market

Tires are a vital part of the automotive industry and thus, the production and sales of vehicles directly affect the dynamics within the tire industry. Increasing automotive production in emerging economies has been driving the demand for tires from OEM manufacturers, which has led to an increase in tire production activities.

Growing tire production is driving the demand for tire materials. In a vehicle, a tire is one such part that must be replaced frequently, after every 2-3 years. A tire experiences maximum wear and tear. Further, it is estimated that in FY2017, the global vehicle parc was about 1.3 Billion.

Thus, it can be easily concluded that the growing vehicle parc and production will augment the market of automotive tires. Expansion of the tire industry is expected to fuel the demand for tire materials while the growing fleet size will add to tire replacement activities and indirectly influence the demand for tire materials.

Increasing middle-class population, coupled with rising urbanization in developing countries, is expected to increase the number of vehicle owners as many people will be able to afford vehicles. Apart from this, the increasing youth population has also led to an increase in the sales of automotive, which is a positive sign for the tire materials market.

Also, changing lifestyle and increased standard of living have increased the adoption of high-performance tires as well as branded tires, which is expected to positively impact the tire materials market. The increasing number of vehicle owners will push the growth of both OEM as well as aftermarket segments and thus, the growing demand for tires is expected to boost the tire materials market in the coming period.

East Asia will Become a Prominent Regional Market for Tire Materials

The global tire industry has been witnessing a shift in tire manufacturing activity, with East Asia and South Asia accounting for more than 50% of tire manufacturing facilities. Easily available raw materials, economic & political stability, and availability of skilled & cheap labor have attracted key tire manufacturers to invest in East Asia and South Asia.

China and Japan are prominent tire manufacturing countries wherein China is estimated to be the leading tire producer and the presence of companies such as Bridgestone Corporation and Yokohama Rubber Company makes Japan a promising tire manufacturing country, owing to which East Asia is estimated to be the prominent market for tire materials.

North America and Europe tire industries are estimated witness a slowdown in the coming years, due to the increasing competition from Chinese tire manufacturers and their low-ranged products. However, North America and Europe are anticipated to be potential markets for tire materials, owing to the predominance of key tire manufacturers in the region.

Solvay SA, Lanxess AG, Exxon Mobil Corporation, JSR Corporation, Cabot Corporation, Birla Carbon, and Evonik Industries AG are among the key players identified in the tire materials market.

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Aluminium Hydroxide Market Size, Share, Demand, Growth & Trends by 2032

The market for aluminium hydroxide is anticipated to grow at a CAGR of 5% from 2022 to 2032, reaching a valuation of US$ 2.8 billion. Aluminium hydroxide market sales totaled US$ 1.5 billion in 2022.

Aluminium hydroxide is an inorganic basic compound which is amphoteric in nature. Aluminium hydroxide is found in nature in the form mineral gibbsite. Generally Aluminium hydroxide is white colored powder in nature. Aluminium hydroxide is also known under the name of hydrate of alumina or Aluminium trihydrate. Aluminium hydroxide is one of the important component in Aluminium ore i.e. bauxite. The freshly precipitated Aluminium hydroxide is present in the form of gel.

Aluminium hydroxide is an important part of the Aluminium hydroxide market. Aluminium hydroxide is used as a flocculent in water purification process. Aluminium hydroxide is also finding its application as an adsorbent or desiccant in gas purification process. In pharmaceutical industry Aluminium hydroxide is used in the formulation of antacids due to its basic properties. Aluminium hydroxide is also used as filler material for fire retardants.

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Aluminium Hydroxide Market: Dynamics

Polymers and plastics play a crucial role in this swiftly advancing modern industrial world, to increase the durability and enhance the properties of the plastics & polymers various additives such as flame retardants are being used. Increasing consumption of plastics & polymers is uprising the demand for fire retardants, which is a prime factor driving the growth of Aluminium hydroxide market. Increasing water pollution and increased environmental concern has elevated the need for waste water treatment, owing to which there rise in the demand for Aluminium hydroxide.

Up surged consumption of cosmetics and personal care products is positively influencing the Aluminium hydroxide market. Swift growth of chemicals and paper & printing ink industry is a positive impact for the Aluminium hydroxide market. Rising population & increased urbanization has led to the growth of textile industry which in turn has resulted into the growth of Aluminium hydroxide market. Adaptation of hard and fast lifestyle has resulted into the increase in the problems such as acidity. Due to which, antacids are one of the popular medicine amongst the consumers, rising uptake of antacids is fueling the demand for Aluminium hydroxide.

Aluminium Hydroxide Market: Key Participants

Examples of some of the market participants operating in the global Aluminium hydroxide market are

Magxid Fine Chem, Sumitomo Chemical Co., Ltd., Albemarle Corporation, Radhaji Pharma Chem, P J Chemicals, Avanschem, Showa Denko, Nabeltec AG, Huber Engineered Materials, Nashtec LLC, MAL Hungarian Aluminium and Hindalco Chemicals among others.

The Aluminium Hydroxide pigment market research report presents a comprehensive assessment of the Aluminium Hydroxide pigment market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Aluminium Hydroxide pigment market research report provides analysis and information according to Aluminium Hydroxide pigment market segments such as geographies, application and industry.

Key Segments Profiled in the Aluminium Hydroxide Market Survey

By Grade:

Pharmaceutical grade Industrial grade By Form:

Powder Gel By Application:

Flocculants Adsorbent Desiccant Filler Catalyst Antacid formulations By End User:

Wastewater Treatment Plastics & Polymers Pharmaceuticals Chemicals Cosmetics & Personal Care Textiles Paper & Printing Inks Browse Full Report: https://www.futuremarketinsights.com/reports/aluminum-hydroxide-market

Amine Oxide Market Size, Share, Demand, Growth & Trends by 2032

Amine oxides are the amphoteric surfactants that are widely used in conjunction with various other surfactants. These surfactants can either be cationic (positively charged), anionic (negatively charged) or non-ionic (no charge) depending on the pH of the water. Amine oxides are the chemical compounds that are the only oxides of the tertiary amines. Amine oxides are sometimes also used for the analogous derivation of the primary and secondary amines. Amine oxides are usually used as the protecting group for amines as well as other chemical intermediates. Amine oxides are high polar molecules and have their polarity close to that of quaternary ammonium salts. However, smaller amines oxides exhibits hydrophilic properties owing to which it is highly soluble in water. Amine oxides find their applications in various industries such as oilfield chemicals, agriculture adjuvants, home care and personal care.

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The increase in the demand for the mild surfactants especially from the personal care industry is expected to drive the global amine oxide market. The personal care products containing amine oxide offer improved performance even at high temperature in the hard water. Amine oxides are also widely used in the home cleaning products. Amine oxides are used as thickeners, emollients, emulsifiers, stabilizers and conditioners. Amine oxide is a surface active agent which is used to change the surface tension of water that helps in increasing the wetting surfaces, emulsifying, foaming and also assists in cleansing. Thus, the growing demand for the home cleaning products is expected to augment the overall growth of the amine oxide market. Amine oxides are slowly finding its foothold in agricultural adjuvants and oil field chemicals. Owing to the versatility of the amine oxides to work under varying temperature and pressure the there is an increase in the use of this chemical in other applications as well.

The growing population especially in the Asia Pacific is expected to drive the demand for the personal care and home care industry which in turn is expected to boost the overall growth of the amine oxide market. The growing demand for the use of sulfur free as well as the milder personal care products is expected to boost the overall growth of the amine oxide market. Amine oxide is considered as a high production volume class of compounds in many member countries of the Organization for Economic Co-operation and Development (OECD). North America is expected to be one of the major consumers ofamine oxide as it is one of the essential chemical used in most of the widely used home cleaning products. The U.S is one of the largest manufacturers of amine oxide followed by Europe. Japan is one of the major manufacturers of amine oxide in Asia Pacific. China is expected to emerge as the major producer as well as consumer in the coming few years.

Air Products and Chemicals, Inc., BASF, Akzonobel N.V., Stepan Company, Pilot Chemical, Solvay, The Lubrizol Corporation, Lonza Company, Huntsman Corporation and Clariant Corporation are some of the key participants of the global amine oxide market. The companies are mainly focused towards developing new innovative products that would be used extensively in a wide range of applications. Thus, the companies make huge investments in the research and development in order to manufacture innovative and specific product for specific application.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

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Abrasives Market Size, Share, Demand, Growth & Trends by 2032

The global abrasives market is predicted to grow at an average CAGR of 4.3% from 2022 to 2032. Valued at US$ 45 Bn in the year 2020, the target market will present significant growth during the forecast period. A commonly used material across multiple industry verticals for cleaning, grinding wheel, and polishing purposes, the abrasive market will register standard demand due to their application in the industrial space.

A frequently used material in the industrial space, abrasive is generally used for functions like cleaning the hard surface, grinding wheels, and polishing. An abrasive helps to deliver a surface finish and shape for the product. Abrasives are mineral-like materials that are available in different sizes, and shapes depending on the requirement. There are two types of abrasives available in the global market- synthetic and natural. However, there’s a preference for synthetic abrasives over natural ones owing to their consistent characteristics which are needed in industrial applications. With applications across various industries, the abrasive market is expected to witness steady growth during the projected period.

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The abrasives market includes a broad range of materials that are used extensively in different industry verticals such as transportation, metal fabrication, machinery, and electronic equipment. The typical application of abrasive material involves grinding wheels, cutting wheels, tool sharpening, tumbling media, and metal cleaning. The abrasive market, thus, observes heightened demand from the automotive, manufacturing, and metal fabrication sectors. This rising demand will fuel the growth of the global abrasives market during the forecast period.

“Rapid industrialization in emerging economies along with the development of the metal fabrication sector will likely have a positive impact on the global growth of the abrasives market over the forecast period,” says an FMI analyst.

Key Takeaways:

Government regulations in the production of abrasives may pose a challenge to the overall market growth. By product type, the bonded abrasive segment will dominate the global abrasive market space. Super abrasives will be the fastest-growing segment with a strong CAGR. By use, machinery and Norton grinding wheels lead the overall market during the forecast period. The metal fabrication segment will be the fastest-growing end-use segment during the forecast period. The abrasive market in the Asia Pacific region will generate great revenue with a double-digit CAGR. Competitive Landscape

E. I. du Pont de Nemours and Company, Robert Bosch GmbH, Cabot Microelectronics Corporation, Saint Gobain S.A, Tyrolit Schleifmittelewerke Swaroski K.G, Fugimi Incorporated, and Jason Incorporated among others are some of the major players in the abrasives market profiled in the full version of the report.

In a competitive market, the key market participants are concentrating on entering markets in emerging economies to expand their manufacturing facilities. These businesses are keen on releasing and developing new products.

More Insights into Abrasives Market Report

In its latest report, FMI offers an unbiased analysis of the global abrasives market, providing historical data from 2014 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of raw material (natural, synthetic), type (coated abrasives, bonded abrasives, super abrasives), end user (aerospace, automotive, machinery, metal fabrication, electrical and electronic equipment, others), and region.

According to the latest FMI reports, based on segmentation, the bonded abrasives segment is predicted to register heightened demand during 2022-2032. This segment will continue to dominate the overall market space while super abrasives will become the fastest-growing segment. In terms of use, the machinery segment will contribute substantially to the global abrasive market over the forecast period.

Based on region, the abrasive market in the Asia Pacific region will exhibit impressive growth over the forecast period. With a double-digit CAGR, this region will dominate the international market space. The rising automobile sector, expanding the electronic, medical devices, and packaging industry, particularly in India and China, will propel the regional abrasive market growth during 2022-2032. Besides, Western Europe and North America will also present notable growth in the abrasive market during the projected period.

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Epoxy Curing Agents Market Size, Share, Demand, Growth & Trends by 2032

The global epoxy curing agents market is expected to witness a healthy CAGR of around 5% during the forecast period from 2022 to 2032. The global market is currently valued at around US$ 3.11 Billion in 2022 and is anticipated to reach a high of about US$ 5.16 Billion by the year 2032. According to FMI’s historic analysis, the global epoxy curing agents market grew at a CAGR of 4.9%. The growth of the market is supported by evolving trends such as the replacement of dicyandiamide curing agents have a direct impact on the dynamics of the epoxy curing agents industry. In addition to that, epoxy-curing agents are highly employed as primers for protective coatings.

The development of curing agents with low volatile organic compounds is anticipated to increase the demand for epoxy curing agents in the forthcoming years. Furthermore, the upsurge in the requirement from several end-use industries such as the paints & coatings industry is anticipated to bolster growth in the market along with large demand for epoxy resin-based composites in the aerospace and wind-energy industries are expected to fuel the global forum of epoxy curing agents.

According to the experts of Future Market Insights, the global market of epoxy curing agents is expected to have healthy growth. However, it has also been revealed that after studying the market in-depth, certain prevailing elements are likely to curb the growth in the long run.

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Key Takeaways

The rising shares and surging growth of the manufacturing sector, construction sector, electronics, and automotive industry are prime drivers of reshaping dynamics in the concerned market. Due to rapid technological advancements, and increasing consumer shift towards environmentally friendly options, the new environmentally friendly epoxy curing agents extend profitable opportunities to the market players in the forecast period. Surging demand for electronic products such as smartphones and automotive electronic equipment also increases the demand for epoxy curing agents over the projection period. According to the research conducted by the experts of Future Market Insights, epoxy curing agents have diverse usage in multiple building and construction applications as they possess high sheer strength, coupled with better quality finish characteristics. Furthermore, rapidly changing trends like replacing dicyandiamide curing agents in the construction sector are likely to make a major contribution to driving the growth of the epoxy curing agents market during the assessment years. Consumers are drastically shifting their preferences towards a better standard of living owing to a rise in disposable income along with a significant shift of preference within the construction industry for decorative buildings, along with increased spending by the government on sustainable construction, which is estimated to propel the sales of epoxy curing agents further amidst the period 2022-2032. Increasing demand for adhesives from the construction industry is propelling the growth and advancements within the global epoxy curing agents market. In addition to that, demand for lighter components in the automotive industry is also known as a key demand driver over the projection years. Competitive Landscape

The global epoxy curing agents market exhibits lucrative growth opportunities, as the market players are desperate to grab benefits out of the immense opportunities in the market. The need for improved coatings in construction activities has generated a plethora of opportunities for growth within the global epoxy curing agents market. Furthermore, the manufacture of silicone rubber also incorporates the utilization of epoxy curing agents which is one of the prominent factors bolstering growth in the market. The epoxy curing agents companies are maximizing their revenue potential by creating sustainable offerings as the sustainability trend is on the rise on a global scale.

More Insights into the Epoxy Curing Agents Market

The United Kingdom is expected to dominate the European epoxy curing agents market by accounting for a robust growth of around 8% through the forecast period. The growth in the region is attributed to account for the strong presence of leading aircraft component manufacturing companies all over the country. Furthermore, a surging preference for lightweight components for manufacturing aircraft structures is propelling the adoption of epoxy-curing agents. A significant increase in the application of epoxy resins in various industries such as construction, paints, and coatings will improve the demand in the market. Favorable government policies mandating the use of eco-friendly materials are compelling end-users to adopt this product further.

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Perfume Ingredient Chemicals Market Size, Share, Demand, Growth and Trends by 2027

As per Future Market Insights, global sales from the sales of perfume ingredient chemical substances turned into valued at US$ 6.7 Bn in 2022 and is projected to attain a market cost people US$ 8.9 Bn by way of 2027 cease, growing at a CAGR of 5.7% for the duration of the forecast period i. E. Between 2022 and 2027. In line with a brand new e-book via Future Market Insights titled “perfume ingredient chemical compounds market: worldwide enterprise analysis (2012 – 2021) and opportunity assessment (2022 – 2027),” most of the organizations manufacturing perfume ingredient chemical substances attention to the production of perfumes and substances with artificial chemical substances.

The professional analysts of destiny market insights have found that the non-public care and cosmetics industry will witness major opportunities for boom and is all set to assist market gamers increase their market percentage and commercial enterprise sales.

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List of Key Players Covered in Perfume Ingredient Chemical Substances Market are:

Sensient Technologies Corporation BASF SE Eternis Fine Chemicals YingYang (China) Aroma Chemical Group KDAC CHEM Pvt. Ltd. Frutarom Harmony Organics Pvt. Ltd. Atul Ltd. Godavari Biorefineries Ltd. Givuadan Firmenich International Flavors and Fragrances Inc. Symrise Takasago International Corporation MANA SE Robertet SA Charkit Chemical Company LLC Henkel AG & Co KGaA ADR T. Hasegawa USA Huabao International Holdings Limited Charkit Chemical Company LLC Worldwide perfume ingredient chemical substances market: forecast by utility

On the idea of application, the worldwide perfume ingredient chemicals market is segmented into fine perfume, domestic care, laundry care, private care, cosmetics, and others. The excellent perfume section accounted for a full-size market value percentage of 22. 3% in 2022, accompanied through the private care segment. The personal care phase is predicted to remain dominant until 2027. This phase is likewise predicted to stay the maximum lucrative at some point of the forecast duration.

Worldwide perfume aspect chemicals market: forecast using product type

Product type segmentation incorporates synthetic aroma chemical compounds and critical oils. The artificial aroma chemical substances section is further segmented into alcohols, esters, ethers, ketone, and others. Important oils phase is sub-segmented into orange, citronella, peppermint, eucalyptus, and others.

The synthetic aroma chemicals segment is anticipated to witness the highest fee CAGR of 5.7% inside the international perfume ingredient chemical substances market. The fee factor is predicted to transport market players to adopt synthetic products; in addition, a worldwide trend toward inexperienced products is expected to create moneymaking opportunities for manufacturers of critical oils due to a growing patron preference for natural products

Global perfume ingredient chemicals market: key players

sentient technology business enterprise, basf se, eternal exceptional chemicals, yingyang (china) aroma chemical organization, doc Chem Pvt. Ltd., frutarom harmony Organics Pvt. Ltd., atul ltd, Godavari biorefineries ltd, Givaudan Firmenich, international flavors, and perfumes inc., sunrise, takasago international organization, mana use, Robert a, t. Hasegawa u. S., huabao international holdings restrained, Zhejiang, Xinhua chemical co., ltd, Henkel ag & co kg ADR, and chart chemical organization LLC are a number of the leading companies running inside the global market which have been profiled in this report.

Perfume Ingredient Chemicals Market by Category

By Product Type:

Synthetic Aroma Chemicals Alcohol Esters Ethers Ketone Others (Thiols, Dienals, etc.) Essential Oils Orange Citronella Peppermint Eucalyptus Others (Rose, Sandalwood,Orange etc.) By Application:

Fine Fragrance Home Care Laundry Care Personal Care Cosmetics Others By Region:

North America Latin America Western Europe Eastern Europe Asia Pacific excluding Japan Japan Middle East & Africa Browse Detailed Summary of Research Report: https://www.futuremarketinsights.com/reports/perfume-ingredient-chemicals-market

Construction Polymer Market Size, Share, Demand, Growth and Trends by 2026

The global construction polymer market is expected to grow at a robust pace by registering a CAGR of 6.8% over the projection period from 2022 to 2026. The global market is predicted to garner a valuation of around US$ 229,076 Mn in 2022 and reach a net worth of US$ 298,384 Mn by the end of 2026. The range of applications for construction polymers is widely spreading as a result of developments in civil engineering and construction technologies. Some latest trends observed in the market comprise a fair share of the revenue in research and development. Such trends are likely to bolster the construction of polymer demand.

According to FMI analysis, the variation between the BPS values observed in the construction polymers market in H1, 2022 – Outlook over H1, 2022 Projected reflects a decline of 10 units. However, compared to H1, 2021, the market is expected to again witness a decline of 30 BPS in H1 -2022. As per future Market Insight's historical estimations, the global market registered a 5.3% CAGR between 2012 and 2021. The emergence of new materials within the constriction polymers market is leading to the development of substantial potential.

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Key Takeaways

Structural polymers and plastic composites have been introduced as crucial materials in terms of their use in the construction industry. The design, technical and structural advantages of these constriction polymers have driven their application in building walls and flooring with maximum strength. Technological advancements within civil engineering and construction technologies are anticipated to propel the application purview of construction polymers. Cost-effective production, feasible profit margins, and comparatively easy procurement of raw materials are inclining large chemical companies towards construction polymer businesses. The overall competitive landscape in the global construction polymer market remains densely populated by industry leaders from the chemicals and materials sector. A major population of construction polymer manufacturers in the global market is based in countries such as China, India, and South Korea. As per the recent study projects through 2028, the Asia-Pacific excluding Japan (APEJ) region will represent the largest market for construction polymers. By the end of the forecast period, the APEJ construction polymer market will account for nearly half of the forecast global market value. Prominent industry leaders from the chemicals & materials sectors are actively participating in the expansion of the global construction polymer market. These prominent companies are committed to testing new and advanced products along with creating advanced polymerized materials for the changing dynamics of the building & construction sector. Prominent reasons for the change in growth rate accounted for the slow uptake of the market throughout the first half of the forecast period, owed to the strict environmental mandate implemented by the government in order to effectively curb the emission and shifting preferences in the favor of green materials and sustainable products. Further rise in the pricing of raw materials and lockdown in China have impacted the growth outlook. Despite such challenges, some prospects lead the industry, which incorporates the increasing investment by the government in private sectors and utility infrastructure sectors, which is expected to provide a growth outlook to the market. A significant rise in building construction followed by urbanization is expected to influence market growth. The utilization of a wide range assortment of materials takes place in flooring, windows, cladding, pipes, membranes, seals, and insulation. Drastic advances are being made in the types of polymers including epoxy resins, polystyrene, polycarbonate, polyethylene, and polypropylene. In addition, construction companies are known as the key users benefiting from the advances in properties such as flexibility, adhesion to substrates, durability, and water resistance. Overall, the demand for construction polymer is anticipated to rise at a CAGR of around 6.8% through 2026. Competitive Landscape

The global construction polymer market is on a rise owing to the manufacturers who are investing in the research & development of new valves as per changing industry standards across multiple industry verticals.

Some key players are:

H.B Fuller Company Momentive Performance Materials Inc. Evonik Industries AG Solvay SA Arkema S.A. E.I Dupont De Nemours and Company SCG Chemicals Co., Ltd. Croda International Plc Henkel AG & Co. KGaA Sika AG 3M Company Polyone Corporation BASF SE Formosa Plastics Corp Key Segments Covered in Construction Polymer Industry Survey

By Polymer Type:

Epoxy Resins Construction Polymer Polystyrene Construction Polymer Polycarbonate Construction Polymer Polyethylene Construction Polymer Polyisobutylene Construction Polymer Polymethylmethacrylate Construction Polymer Polypropylene Construction Polymer Polyurethane Construction Polymer Polyvinylchloride Construction Polymer Other Construction Polymers By Application:

Walls Floorings Piping Windows Roofs Insulation and Sliding Glazing Cladding Plastic Wraps Other Applications By End-User:

Commercial Real Estate Construction Housing Real Estate Construction Industrial Construction Facility Infrastructure Transportation Infrastructure Utility Infrastructure Other Infrastructure By Construction Activity:

New Construction Renovation By Region:

North America Latin America Europe East Asia South Asia & Pacific Middle East & Africa (MEA) Browse Full Report: https://www.futuremarketinsights.com/reports/construction-polymer-market

Adsorbents Market Size, Share, Demand, Growth & Trends by 2033

The sales of adsorbents are likely to be US$ 5.5 Bn in 2023. As per the adsorbent market analysis report by FMI, the net worth of the global market is projected to reach up to US$ 89. Bn by 2033 by registering a 5% CAGR over these forecast years.

The global demand for adsorbents in the market is majorly getting driven by several recent innovations in petroleum and natural gas processing methods. Moreover, its rising usage for maintaining the cleanliness requirements of water in different industrial or commercial applications has resulted in a huge drinking water adsorbent market in recent years.

Because of the rising requirement for distillate fuels and dwindling supplies of higher grade, easier-to-process crude oil, refineries are being forced to process more and more fossil fuel petroleum every year. This trend is expected to further boost and create huge opportunities for the BTX and hydrocarbon-separating adsorbents market in particular. Anyways, the rising prices of petroleum products have increased the demand for petroleum and its refining processes, indirectly boosting the sales of adsorbents in the global market.

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Key Takeaways from the Adsorbents Market

The United States is the dominant market, accounting for more than 25% of the money made by sales of adsorbents in the worldwide market. The net value of the US adsorbent market is projected to cross US$ 2 Bn by the conclusion of this projected timeline. China is a very close competitor of the United States in production as well as sales of adsorbent in the domestic and global markets. According to this analysis report, it accounts for approximately 20% of the global adsorbent market and is expected to reach US$ 1.9 Bn by 2033. The adsorbent market in the United Kingdom and Germany is expected to be worth up to US$ 513.1 Bn and US$ 548.2 Bn by 2033 respectively. These two countries are also the leading regions in the polymeric adsorbent market in Europe. Out of the various types of adsorbents available in the market today, molecular sieve adsorbents are found to be the most promising segment for the projected years. This category of adsorbents is expected to register a CAGR of 6.1% throughout the upcoming 10 years. According to the global adsorbent industry survey figures, the product is mostly in demand in Petroleum and petrochemical sectors. Competitive Landscape for the Adsorbents Market Players

Major suppliers of different types of adsorbents that contribute significantly to the global market are BASF SE, Sorbead India, Adsorbents Carbons, Universal Carbons, Global Absorbents Pvt. Ltd., Arkema Group, W. R. Grace & Co.-Conn., Axens S.A, Cabot Corporation, Clariant AG, Zeochem AG, Honeywell International Inc, Zeolyst International, Ashapura Group, Zeotec Adsorbents Private Limited, Bee Chems, Sunneta Carbons, Raj Carbon, Siddhartha Industries, and AGC Group among others.

Product innovation and increasing the performance of adsorbents that can be used for several other pollutants are the major strategy adopted by most of the global adsorbents market players. For example, Durasorb HG which is a pollutant mercury-attracting adsorbent was released in June 2019. It is also capable of adsorbing mixed metal oxide to some degree in moist circumstances.

Adsorbents Market by Category

Product Type:

Activated Alumina Activated Carbon Molecular Sieve Clay Silica Gel Polymeric Adsorbent Applications:

Petroleum & Petrochemical Chemicals Water Treatment Air Separation & Drying Pharmaceuticals Food Processing Region:

North America Latin America Europe East Asia South Asia Oceania Middle East & Africa Table of Content

1. Executive Summary | Adsorbents Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Market Background

TOC continued…!

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Road Marking Paints & Coatings Market Size, Share, Demand & Trends by 2032

The global Road Marking Paints and Coatings Market is projected to be valued at US$ 11.6 billion by 2032, rising from US$ 8.1 billion in 2022. The target market is set to expand at a sluggish CAGR of 3.5% from 2022 to 2032. Valued at US$ 7.2 billion in 2021, the road marking paints and coating market will present steady growth for the forecast period of 2022 to 2032 owing to surging awareness of road safety measures among the common population, implementation of strict regulations by governments across the world, and increasing road connectivity.

In recent years, road connectivity across remote areas has witnessed an exceptional surge. As a result, governments all over the globe are increasingly investing in developing public infrastructures which is expected to spearhead the demand for #roadmarkingpaintsandcoating market in the upcoming years. Further, the growing population has led to an upsurge in the sales of vehicles which, in turn, spurs the demand for road marking paints and coatings. The emergence of high-performance road pavement markings with improved contrast, durability, and reflectivity is also encouraging the growth of the road marking paints and coating market over the next couple of years.

The introduction of water-borne surface coatings is gaining swift popularity and will likely aid the growth of the overall market. These coatings are 80% water and thus eco-friendly in nature. The water-borne surface coatings also offer superior sealing effects, are rub-resistant, and high gloss, and create a strong adhesion to the substrate which increases their resistance to rust and weathering. These inherent properties of water-borne surface coatings opens up new avenues of growth for the road marking paints and coating market. Additionally, epoxy coatings also create attractive opportunities for the market as they are extensively used in heavy-traffic areas. Epoxy coatings are often preferred because of their resistance to transmission fluids, gasoline, and oil.

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Other factors like increasing infrastructural spending by regulatory bodies, the greater focus of private organizations on road maintenance, and growing governmental investments in the development of smart street marking machines also contribute to the growth of the market. All of the aforementioned considerations, along with others, fuel the growth of the road marking paints and coating market during the projection period.

Key Takeaways:

Implementation of strict regulations regarding VOC emissions will stymie the growth of the road marking paints and coating market during the assessment period. By type, the water-based coating segment was valued at US$ 63.51 billion in 2021 and will continue to demonstrate growth during the assessment period owing to its sustainable properties. In terms of application, the road marking lines held a market share of 55.1% in 2021 and will have positive growth between 2022 and 2032. Asia Pacific road marking paints and coating market will assume the lead in the global marketplace owing to the implementation of strict regulations by government agencies to lessen highway fatalities. Infrastructure development will account for the growth of the road marking paints and coating market in North America. Competitive Landscape

3M, Ennis-Flint Inc., SWARCO AG, Berger Paints, Geveko Markings, US Specialty Coatings, and Aximum, among others, are some of the primary players in the road marking paints and coatings market profiled in the full version of the report.

In a fragmented and competitive environment, eminent market players are concentrating on producing progressive goods such as durable, reflective, and temperature-sensitive paints. These firms are deploying capacity expansion strategies, mergers, acquisitions, partnerships, and collaborations to enhance their market position.

Key Segments Profiled in the Road Marking Paints & Coatings Industry Survey

By Material Type:

Acrylic Epoxy Thermoplastics Other Resins By Solvent:

Water Based Organic Solvent Based Powder Based By Application:

Highway Road Warehouse Floor Landing Strips Park Way Car Parking Ramps Zebra Crossing Others (Kerb Stones, Center Line, Speed Humps, Edge Line) By Region:

North America Latin America Western Europe Eastern Europe APEJ Japan Middle East and Africa Browse Full Report: https://www.futuremarketinsights.com/reports/road-marking-paints-coatings-market

Nitric Acid Market Size, Share, Demand & Trends by 2032

Majorly driven by its application in agrochemicals and automotive industry, nitric acid will represent a modestly growing market at 3% CAGR during 2019 – 2029. Moreover, metallurgical and pharmaceutical industries will generate upward growth trend for nitric acid market through 2029, as per the projections of a new Future Market Insights (FMI) study. Nitrogenous fertilizers continue to accentuate the demand, particularly in developing countries, opines the FMI report.

Key Takeaways of Nitric Acid Market Study

Role of nitric acid in formulating automotive composites using adipic acid continues to push market growth. Agrochemical industry continues to thrive in developing countries, thereby contributing to overall market growth. Agglomeration of leading manufacturers in developed countries such as Germany continues to supplement the growth of nitric acid market. Growth of nitric acid market is fuelled by prevailing applications in photoengraving and etching of steel. Nitric acid is gaining increasing significance in preparation of acids, drugs, perfumes and dyes, thereby propelling the market growth. Environmental hazards associated with the usage of ammonium nitrate continues to stagnate the demand of nitric acid. Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11098

Key stakeholders in global nitric acid market must redesign and optimize their distribution and manufacturing networks while expanding operational footprint in developing regions to fortify their strategic advantage.

Europe Captures over 50% Revenue Share in Nitric Acid Market

Presence of esteemed players such as Bayer AG in Europe (Germany) is the growth engine of regional nitric acid market. Moreover, the end-use industries are well-established in this region. Adipic acid, formulated from nitric acid, is witnessing soaring demand in automotive industry as a preferred substitute for metal. Furthermore, nitric acid market in North America continues to pick pace in terms of consumption.

On the other hand, India, Japan and China remain growth cynosures of nitric acid market in Asia Pacific owing to perpetual demand in explosives and agriculture industries.

Leading Players to Capitalize on Lucrative End-use Industries in Developing Countries

Key manufacturers in global nitric acid market continue to operate in fragmented competitive landscape. Major players profiled in this study include, but are not limited to, The Dow Chemical Company, Bayer AG, National Chemical Group, CF Industries, Eurochem Group, Agrium Inc., Potash Corp, The Chemours Company, and PVS Chemicals.

Greater proximity of production facilities to high-growth regions remains the key agenda of leading players. They intend to leverage the low labour cost without disrupting the logistics network. Emerging economies in Asia Pacific region offer profitable opportunities in variegated end-use industries of nitric acid. Moreover, relaxed regulatory requirements regarding the usage of ammonium nitrate fertilizer continue to stir up the regional demand.

Key segments

By Application:

Fertilizers Nitrobenzene Adipic acid Toluene diisocyanate (TDI) Nitrochlorobenzene Others By Region:

North America Europe Asia Pacific Middle East & Africa Latin America More About the Report

FMI’s study offers an in-depth market forecast and analysis on the global nitric acid market. The major categories encompassed by the report include end-use (fertilizers, nitrobenzene, toluene diisocyanate, adipic acid, and metal processing), application (metallurgical industry, chemical and allied industries) across five regions (Asia Pacific, Latin America, Europe, North America, Middle East & Africa).

Table of Content

1. Executive Summary

   1.1. Global Market Outlook

   1.2. Demand-side Trends

   1.3. Supply-side Trends

   1.4. Technology Roadmap Analysis

   1.5. Analysis and Recommendations

2. Market Overview

   2.1. Market Coverage / Taxonomy

   2.2. Market Definition / Scope / Limitations

3. Market Background

   3.1. Market Dynamics

   3.1.1. Drivers

   3.1.2. Restraints

   3.1.3. Opportunity

   3.1.4. Trends

   3.2. Scenario Forecast

   3.2.1. Demand in Optimistic Scenario

   3.2.2. Demand in Likely Scenario

   3.2.3. Demand in Conservative Scenario

   3.3. Opportunity Map Analysis

   3.4. Product Life Cycle Analysis

   3.5. Supply Chain Analysis

   3.5.1. Supply Side Participants and their Roles

   3.5.1.1. Producers

   3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

   3.5.1.3. Wholesalers and Distributors

   3.5.2. Value Added and Value Created at Node in the Supply Chain

   3.5.3. List of Raw Material Suppliers

   3.5.4. List of Existing and Potential Buyer’s

   3.6. Investment Feasibility Matrix

   3.7. Value Chain Analysis

   3.7.1. Profit Margin Analysis

   3.7.2. Wholesalers and Distributors

   3.7.3. Retailers

   3.8. PESTLE and Porter’s Analysis

   3.9. Regulatory Landscape

   3.9.1. By Key Regions

   3.9.2. By Key Countries

   3.10. Regional Parent Market Outlook

   3.11. Production and Consumption Statistics

   3.12. Import and Export Statistics

4. Global Market Analysis 2017-2021 and Forecast, 2022-2032

TOC continued…!

Browse Full Report @ https://www.futuremarketinsights.com/reports/nitric-acid-market