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Polyurethane Coatings Market Demand, Industry Size, Share, Trends, Revenue, Growth Opportunities, Key Drivers, Major Players, Business Insights and Forecast 2023

Polyurethane Coatings Market Overview:

According to the studies conducted by the leading market research organizations the global protective coating market is projected reach the market of USD 23 Bn by the end of 2013 by expanding at a robust CAGR of nearly 10%. This in expected to fuel growth of the market during the assessment period to 2023.

Polyurethane Coatings Market Key Players:

Akzo Nobel N.V.(Europe), Arkema Group (France), Sherwin Williams Company (US), PPG Industries, Inc. (US), Axalta Coating Systems, LLC (US), Asian Paints Limited (India), BASF SE (Europe), Covestro AG (Europe), Jotun A/S (Europe) and Evonik Industries (Europe) among others are some of the prominent players at the forefront of competition in the Global Polyurethane Coatings Market and are profiled in MRFR Analysis.

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Polyurethane Coatings Market Regional Analysis:

The industry of polyurethane coating which comprises of the Asia Pacific region as one key market has the largest market for polyurethane coatings owing to demand in numerous end user markets such as the aerospace and automotive industries in China followed by Japan. Growing demand for automotive product offerings in nations such as Taiwan, India and South Korea have led to the Asia Pacific region becoming the main consumer of the polyurethane coatings industry globally followed by growth in the consumption of polyurethane coatings in the North America region. The third largest market in the industry is the European region. The Middle East and Latin American region have also observed significant growth in the industry due to the innumerable applications for the industry such as aerospace industry, construction, household industry, automotive, electronics industry among others.

Polyurethane Coatings Market Segments:

The segmentation of the polyurethane coatings industry globally is broadly segmented on the basis of end users, technology and region. The technology-based segmentation of the market comprises of spray, powder, solvent-borne, water-borne, and others such as high solids and acrylic based. The end user segment of the market consists of aerospace industry, automotive, construction, household industry, electronics industry among others such as transportation, textile. Finally, on the basis of region the market is segmented into Europe, APAC, Latin America, North America and Middle East & Africa.

Polyurethane Coatings Market Competitive Landscape:

Polyurethane Coatings are one of the highly mature markets in the coatings industry, which is mainly driven by the surging demand from in automotive industry, along with the growing building & construction industry around the world. The market consists of significant number of tier 1 manufacturers, yet Axalta Coating Systems, LLC, Pidilite Industries Limited, Evonik Industries AG, and Covestro AG are the key players operating in this market. According to the study conducted by MRFR, almost all of them are majorly adopting the product launch and an expansion tactics to augment their production capacities and market share. This is anticipated to help them sustain the growing competition in coming years.

Polyurethane Coatings Market Table of Content:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Polyurethane Coatings Market

Polyurethane Coatings Market Table of Content to be Continue……,

Complete List of Tables and Figures @ https://www.marketwatch.com/press-release/polyurethane-coatings-market-share-research-report-industry-growth-key-players-business-opportunism-significant-global-trends-size-analysis-by-2023-2019-01-15

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Low Profile Additives Market, Low Profile Additives, Low Profile Additives market share, Low Profile Additives market size

Low Profile Additives Market Projected to Reach $664 million by 2023

According to the market research report Low Profile Additives Market by Type (PVA, PMMA, Polystyrene, and Others), Application (SMC/BMC, Resin Transfer Molding, Pultrusion, and Others) and Region (North America, Europe, Asia-Pacific, and Rest of The World) – Global Forecast to 2023″, The low profile additives market is projected to grow from USD 381 million in 2018 to USD 664 million by 2023, at a CAGR of 11.8%.

Browse 63 market data Tables and 26 Figures spread through 100 Pages and in-depth TOC on “Low Profile Additives Market – Global Forecast to 2023”
View detailed Table of Content here https://www.marketsandmarkets.com/Market-Reports/low-profile-additive-market-102838002.html

The increased demand for SMC/BMC in the automotive industry, growth in consumption of composites in electrical & electronics and construction industries, and increasing demand for electricity from renewable sources are the major drivers of the low profile additives market. The increasing demand for composites in emerging economies such as China, India, and Brazil is also expected to drive the market during the forecast period.

The PVA segment is projected to lead the low profile additives market during the forecast period

Based on type, the PVA segment is projected to lead the low profile additives market during the forecast period. PVA has outstanding solubility characteristics, good adhesion, good weather resistance, and non-toxic properties which are responsible for its large market share. PVA also enables high productivity with minimized operation cost, which is also driving its demand.

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The SMC/BMC application segment is projected to register the highest CAGR during the forecast period

Based on application, the SMC/BMC segment is projected to register the highest CAGR between 2018 and 2023. Low profile additives are receiving considerable attention as they reduce shrinkage in class A surfaces of automotive components, construction tools, and electrical appliances. The demand for automotive is expected to grow in the near future owing to increased consumer demands, urbanization, new technological innovations, and change in government regulations. This is expected to boost the demand for low profile additives during the forecast period.

APAC is projected to register the highest CAGR in the low profile additives market between 2018 and 2023

The low profile additives market in APAC possesses immense growth potential. The increasing demand for electricity through wind energy, growing demand for automotive, and the growing urbanization and industrialization in the region are expected to fuel the demand for low profile additives during the forecast period. China, India, Japan, and South Korea are some of the key low profile additives markets in the region.

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Some of the key players in the low profile additives market are Wacker Chemie (Germany), LyondellBasell Industries (Netherlands), Polynt-Reichhold Group (Italy), AOC Aliancys (Italy), and Interplastic Corporation (US). Investment & expansion and agreement were the major growth strategies adopted by the market players between 2015 and 2018 to enhance their regional footprint and meet the growing demand for low profile additives in the emerging economies.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Research Insights: https://www.marketsandmarkets.com/ResearchInsight/low-profile-additive-market.asp

Specialty Chemicals Market Size, Dynamic Demand and Production Forecasts, End-Use Demand Details, Price Trends, Global Growth Analysis By 2023

Specialty Chemicals Market Overview:

Specialty Chemicals Market is set to thrive at a CAGR of 6.21% during the forecast period 2018 to 2023. The market is set to grow from USD 710.03 Bn in 2017 to USD 1000 Billion by the end of 2023.

Specialty Chemicals from the automotive industry is the key factor responsible for favouring the expansion of the specialty chemicals market. The growth of the automotive industry directly reflects on the growth of the specialty chemicals market. These chemicals are widely used in lightweight vehicle applications. The upsurge in demand for lightweight automobiles is likely to catapult the market on an upward trajectory.

Specialty Chemicals Market is entering a maturity phase. However, low operating costs in the Middle East and the Asia Pacific has opened new avenues of growth in the specialty chemicals market. Several end-user industry players are shifting to these regions for establishing manufacturing units. This, in turn, is expected to intensify demand for specialty chemicals in these regions.

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Specialty Chemicals Market Key Players:

Market giants thrive on their superior execution of strategies that include merger, collaboration, acquisition, product launch, and others. These strategies often prove beneficial for both the companies and expanding the sector. For instance, Clariant AG is getting acquired by Sabic, and the decision could help improve the portfolio of Sabic. AkzoNobel is planning to buy Brazilian firm Polinox to gain hold of the organic peroxides manufacturing process.

Market Research Future (MRFR) recognizes the following companies as some of the key market Evonik Industries AG, Henkel AG & Co, ExxonMobil Corporation, Clariant AG, AkzoNobel NV, Lenzing AG, BHS Specialty Chemicals, Lanxess AG, BASF SE, Ashland Inc., Solvay SA, KGaA and DowDuPont, and Others.

Specialty Chemicals Market Segmentation:

The global specialty chemical market can be segmented by source and type.

A detailed segmental analysis is offered in the report based on source and type. By source, the global specialty chemicals market is segmented into crude oil, naphtha, ethane, propane, butane, wood and others. Among these, the naphtha segment accounts for a major share of the market revenue. It is forecasted to register a CAGR of 6.19% over the assessment period.

By source, the specialty chemicals market includes crude oil, naphtha, ethane, propane, butane, wood, and others. Among these, the naphtha segment accounts for a major share of the market revenue and is expected to record substantial CAGR during the forecast period.

By type, the specialty chemicals market comprises agrochemicals, flavor ingredients, fragrance ingredients, dyes & pigments, water treatment chemicals, personal care active ingredients, construction chemicals, surfactants, textile chemicals, polymer additives, bio-based chemicals, and others. The agrochemicals segment accounts for the most significant share of the market.

Specialty Chemicals Market Regional Analysis:

By region, the global specialty chemicals market has been segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and Latin America. Asia Pacific is projected to lead the global market and is expected to hold a significant market share towards the end of 2023. The factors responsible for aiding market proliferation in the region include thriving agrochemicals industry, the presence of fast-developing economies, increasing demand from the automobile industry, etc. Furthermore, the relaxations in regulations by the governments catalyse the expansion of the regional market.

Europe and North America are important growth pockets and are likely to remain highly lucrative markets during the forecast period. The presence of key players in the regions is projected to complement the expansion of the markets. Meanwhile, Latin America and the Middle East & Africa are estimated to hold the least share of the specialty chemicals market. However, Middle Eastern country-level markets such as Qatar, U.A.E, Dubai, etc. and Latin American country-level markets such as Mexico and Brazil resonate strong growth opportunities.

Specialty Chemicals Market Table of Content:

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5   Market Factor Analysis

Specialty Chemicals Market Table of Content to be Continue……,

Full Access Report @ https://www.marketresearchfuture.com/reports/specialty-chemicals-market-2026

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

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Paints and Coatings Market Regional, Business Opportunities, Risks, Driving Factors, Application and Top Manufacturers and Global Analysis and Forecast to 2023

Paints and Coatings Market Overview:

Paints and Coatings Market is projected to reach USD 190167.5 Million by 2023 end at a CAGR of 5.06% during the review period 2018-2023.

Paints & Coatings Market was USD 135542.6 Million in 2017 and is forecasted to grow at a healthy CAGR of 5.06% during the assessment period. Among various application industries, architectural segment accounted for the largest market share of 55.1% in 2017 with a market value of USD 78001.9 Million Dollar. Increasing use of paints & coatings in the residential construction activities is driving the growth of the architectural segment, which is expected to dominate the market during the forecast period.

The industrial segment accounted for 44.9% of the global market share with a market value of USD 63450.5 Million Dollar in 2017. The segment is estimated to grow at CAGR of 4.72% during the forecast period to reach USD 83662.7 Million Dollar by 2023 end due to growing demand for coatings from the automotive and general industrial segment.

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Paints and Coatings Market Dominant Players:

Paints & Coatings Market are 3M, Jotun Group, The Sherwin-Williams Company, TIGER Coatings GmbH & Co. KG, Vitracoat America, Dai Nippon Toryo Co., Ltd, Kansai Nerolac Paints Limited, Diamond Vogel, Hentzen Coatings, Inc., Berger Paints India Limited, National Paints Factories, Axalta Coating Systems Ltd, Guangzhou Kinte Paints & coatings, and AkzoNobel N.V among others.

Paints and Coatings Market Segmentation:

By product type, the market for paints and coatings has been segmented into water based and solvent based, powdered and UV. The stringent regulations governing the paints and coatings market will push the demand for water based and solvent based products.

By applications type, the market is segmented into architectural, industrial and marine. The architectural segment is set to witness amplified demand due to the growth of the residential sector. The growth demonstrated by the industrial segment can be ascribed to the rapid developments in industrialization.

Increasing investment by key industry participants to introduce cost-effective, efficient, products linked with incising expansion and acquisition market strategies complementing global market growth. Paints & coatings are largely applicable in automotive, construction, industrial applications. Automotive industry set to uplift consumption of paints, s they are used as dual purpose of protection as well as decoration. Increasing adoption of enamel paints to reduce environmental impact is increasing year by year and it is expected to drive global demand. As per WPCIA, Asia Pacific is the most promising paints & coatings market, and it is expected to surpass 23.1 Million KT in terms of volume by leading global market.

Paints and Coatings Market Regional Analysis:

By region, the market has been segmented into North America, Europe, Asia Pacific, and, Rest of the World (RoW). The Asia Pacific market will captivate notable share in market control and will retain its dominance over the projection period. The key factor contributing towards the expansion of the market in this region is a boom in the residential sector. The expenditure in the residential sector rose at a steep rate of 10.5% in India, outshining China which demonstrated a rise in the price at a rate of 9.6% from 2017 to 2018. The major contributions will be accounted by countries such as India, China, Vietnam, Indonesia, etc. that would generate most of its profits from the automobile industry. The prominent players of the automobile industry are shifting their manufacturing bases to the Asia Pacific due to cheap labor, lower cost of raw materials, etc. which will open avenues for accelerated demand for paints and coatings.

The market in North America is expected to grow in spite of strict regulatory laws implemented by the government. The demand for paints and coatings in North America market will come as a response to the growing demand for residential houses and its renovation. The concentration of established corporate houses dealing in paints and coatings in the region can also be credited for the growth of the market. The growth rate of 3% will be registered in the North America region.

Paints & Coatings Market Table of Content:

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

Paints and Coatings Market Table of Content to be Continue…….,

Complete table of content is available at @ https://www.marketresearchfuture.com/reports/paints-coatings-market-854

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Antimony Market worth 2.37 Billion USD by 2023, registering a CAGR of 6.0%

 [111 Pages Report] The Antimony Market was valued at USD 1.64 billion in 2017 and is projected to reach USD 2.37 billion by 2023, at a CAGR of 6.0% during the forecast period. Increased demand for antimony trioxide (ATO) in flame retardant and plastic additives application is driving the demand for antimony, globally.

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The antimony trioxide (ATO) segment is projected to witness highest CAGR during the forecast period.

ATO dominated the overall Antimony Market in 2017. ATO is widely used in flame retardant in many industries. In addition, ATO is also used as catalyst and stabilizer in plastic production. Other minor uses of ATO include glass & ceramics, pigments, solders, bearing metals, and semiconductors, among others.

The flame retardant application is projected to lead the overall Antimony Market during the forecast period.

The flame retardant application dominated the overall Antimony Market, in terms of value and volume, in 2017. Antimony is used as a flame synergist with halogens. Antimony, in the form of ATO, is used in flame retardant in plastics, furniture, mattresses, fabrics, and others.

APAC is estimated to be the largest market for antimony in 2018.

APAC accounted for the largest share of the global Antimony Market in 2017. Rapid industrialization and increasing FDI in different end-use industries, mainly in the industrial manufacturing, polymer, and automotive industries, are driving the demand for antimony in flame retardant and plastic additive applications. Emerging economies such as China and South Korea are some of the major Antimony Markets in the APAC region.

The market for antimony has a diversified and established ecosystem comprising upstream players, such as raw material suppliers and downstream stakeholders, manufacturers, vendors, and end users of antimony, as well as various government organizations. Leading players operating in the antimony market include AMG Advanced Metallurgical Group (Netherland), Mandalay Resources (Canada), United States Antimony Corporation (USAC) (US), Korea Zinc (South Korea), and Recyclex (France).

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
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MarketsandMarkets™ INC. 
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Material Testing Market expected to grow at a CAGR of 4.4% with Industry Size, Share and Rising Trend till 2022

[123 Pages Report] Material Testing Market was valued at USD 610.0 Million in 2016 and is projected to reach USD 785.7 Million by 2022, at a CAGR of 4.4% during the forecast period. The high demand for material testing in various industries, such as aerospace & defense, automotive, educational institution, and construction is driving the material testing market.

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Among types, the universal testing machines segment led the Material Testing Market in 2016 

Universal testing machines is the largest segment of the Material Testing Market, owing to its cheap availability and its wide usage in various industries. Moreover, it is used to test mechanical properties in various materials, such as metal, rubber, polymers, and ceramics. It is also used to perform tests such as tensile, compression, peel, bend, and puncture test in industries, such as automotive, educational, medical devices, construction, aerospace & defense, and power.

Among end-use industries, the educational institutions segment is expected to lead the Material Testing Market during the forecast period 

Educational institutions is the largest segment of the Material Testing Market, owing to the increasing R&D activities carried out by the research scholars. Research is carried out by educational institutions either individually or in collaboration with the industries for better product developments.

The Material Testing Market in Asia Pacific is projected to grow at the highest CAGR during the forecast period 

Asia Pacific is the largest and the fastest-growing market for material testing. It is also a major market for construction, educational institution, and automotive globally. Countries in Asia Pacific are expanding their production capacities and investing in new projects due to increasing industrialization. Growing economies, increasing population, and standard of living are driving the automotive, construction, and aerospace & defense industries in the region. This, in turn, is fueling the growth of the Material Testing Market in Asia Pacific.

The key players considered in Material Testing Market report are: Instron (US), Zwick Roell (Germany), MTS Systems (US), Shimadzu (Japan), and Tinius Olsen (US). These companies undertake dynamic business strategies to sustain their growth in the Material Testing Market.

Zwick Roell adopted other strategies such as, investments & expansions and mergers & acquisitions to grow in the material testing market. In November 2015, the company opened its sales and service office in Japan. This development enabled the company to further enhance its operation in the Japanese market. In October 2015, the company launched new electro-dynamic testing machine for dynamic fatigue tests and static testing of components. This development strengthened the company’s product portfolio. In February 2015, the company acquired LATZKE Prüfmaschinen-Service (Germany), which offers products and services in harness testing. This expansion helped the company increase revenues and profit margins by expanding in Germany.

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
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USA: 1-888-600-6441 
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Masterbatch Market Projected to Reach 13.41 Billion USD by 2022

According to the market research report Masterbatch Market by Type (Color, Additive, White, Black, Filler), Polymer (PP, LDPE & LLDPE, HDPE, PVC, PET, PUR, PS), Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture) – Global Forecast to 2022″, The global masterbatch market was valued at USD 10.45 Billion in 2017 and is projected to reach USD 13.41 Billion by 2022, at a CAGR of 5.1 % from 2017 to 2022.

Browse 118 market data tables and 62 figures spread through 177 pages and in-depth TOC on “Masterbatch Market – Global Forecast to 2022”
https://www.marketsandmarkets.com/Market-Reports/masterbatches-market-168014686.html

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The growth of the global masterbatch market is mainly driven by the increasing demand for plastics in varied applications and the replacement of metal, concrete, and steel goods with lightweight plastics, and preferred coloring plastics in most of the industrial sectors, such as automotive, consumer goods, and building & construction.

The color segment of the global masterbatch market is projected to grow at the highest CAGR between 2017 and 2022

Based on type, the global masterbatch market has been segmented into color, additive, white, black, and filler. The color segment is expected to grow at the highest CAGR from 2017 to 2022. This growth is mainly attributed to the rising demand from retail, industry, and institutions. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods.

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The LDPE & LLDPE segment of the global masterbatch market is expected to grow at the highest CAGR between 2017 and 2022

Based on polymer, the LDPE & LLDPE segment of the global masterbatch market is expected to grow at the highest CAGR during the forecast period. LDPE & LLDPE offer superior physical properties such as impact resistance, tensile strength, and also help in reducing processing cycle time. These are used for various applications, such as, packaging consumer goods, automotive, agriculture, and others.

The packaging segment of the global masterbatch market is expected to grow at the highest CAGR during the forecast period

Based on application, the packaging segment is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rising demand from retail, industry, and institutions. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods.

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Asia-Pacific to be the fastest-growing market for masterbatch during the forecast period

The masterbatch market in the Asia-Pacific region is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rise in the construction of infrastructure in the Asia-Pacific in countries, such as India, Taiwan, Indonesia, and China.  The masterbatch market in the region has a large number of small and domestic players providing customized solutions at low cost.

The global masterbatch market is led by various market players, such as Clariant AG (Switzerland), A. Schulman Inc. (U.S.), PolyOne Corporation (U.S.), Ampacet Corporation (U.S.), Penn Color, Inc. (U.S.), Plastiblends India Ltd. (India), Tosaf Group (Israel), Hubron (International) Ltd. (U.K.), Cabot Corporation (U.S.), and Plastika Kritis S.A. (Greece), among others.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/masterbatches-market.asp

Specialty Polystyrene Resin Market Size is projected to reach 126 million USD By 2023

According to the new research [152 Pages report]”Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning & Others), Application (Protective Packaging, Building & Construction, Automotive & Transportation, Electronics, Healthcare), and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Specialty Polystyrene Resin Market is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major factors driving the Specialty Polystyrene Resin Market include the increase in demand for protection from end-use industries such as packaging, building & construction, healthcare, and electrical & electronics. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy-efficient buildings with better insulation properties are expected to drive the demand for specialty polystyrene resin.

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The protection segment is estimated to be the largest function in Specialty Polystyrene Resin Market during the forecast period.

The protection function of specialty polystyrene resin includes tensile, bending absorbing impact, sudden force, load bearing and others, which are mostly needed in industries such as automotive and building & construction. The demand for this segment has increased the demand for specialty polystyrene resin globally. Specialty polystyrene resin used in the packaging application are made up of material types such as PS, PU, PO, and others including PVDF and PVC. Specialty polystyrene resin is the most versatile type of polymer foam. It is lightweight, composed of individual cells of low-density PS, and has high strength-to-weight ratio because its cells are not cross-linked, making them the perfect material for the protection function.

The protective packaging segment is estimated to be the largest application during the forecast period.

Globally, the protective packaging application is driving the specialty polystyrene resins market because it is one of the finest packaging options for any high-value heavy products and industrial products, which are entirely protected and safe from transportation and handling risks. These industrial products range from breakable pharmaceutical products electronic components, electrical consumer goods, toys to horticultural or garden products. These products reach consumers in perfect condition because of their specialty polystyrene resin packaging. Specialty polystyrene resin-based packaging foam adjusts to integrated production systems. It is cost-efficient, versatile, effective, and is easy to handle as it has no sharp edges or staples. It can also protect sophisticated machinery from any damage.

APAC to hold the largest share of the Specialty Polystyrene Resin Market during the forecast period.

APAC has emerged as the leading consumer and producer of specialty polystyrene resin. The easy availability of low-cost labor and economical & accessible raw materials are driving foreign investments, which are increasing the production of specialty polystyrene resin in the region. APAC is also the fastest-growing Specialty Polystyrene Resin Market.

The major vendors in the specialty polystyrene resin market are Sekisui Plastics Co., Ltd. (Japan), NOVA Chemicals Corporation (Canada), Synthos (Poland), BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem, Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), Total S.A. (France), and Trinseo (US).

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