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Category: Chemical And Material (Page 1 of 308)

Global Soap Noodles Market Global Scenario, Market Size, Outlook, Trend and Forecast to 2023

Soap noodles are produced from vegetable oil and animal fat by saponification reaction and are formed as a salt of the fatty acids. These materials are used as a feedstock for producing soap. Its consistent composition, high quality, exceptional detergency, ease of application and bio-compatible nature are the important trends and factors influencing the market confidently. Moreover, its growing use in toilet soaps, laundry soap, high lather soaps. It is projected that the increasing use of tallow-based soap noodles in developed economies is propelled to drive the market over the assessment period.

Among the various segments in soap noodles market, the vegetable oil segment is the most common. Due to its economic nature, the manufacturers in various countries have developed their own products by adding various additives and reagents. The extensive use of soap noodles in special purpose soaps such as herbal soaps, aromatherapy soaps, and others is set to drive the market during the forecast period. Moreover, the textile industry has also witnessed a higher growth due to an increased consumption of the product in industrial soaps.

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The market for applications is further classified into household use, special purpose soaps, industrial use, and others. Among these, the household use segment holds the major portion of the market on account of growing use of the product in toilet soaps, washing soaps, and others. Therefore, they are used in various applications such as household use, special purpose soaps.

It is estimated that the growing innovation and technological advancement in soap noodles, and other products are predicted to propel the growth in the countries such as the U.K, Italy, Germany, and France during the forecast period.

Key Players and Competition Analysis

Some of the prominent players operating in the global soap noodles market are Olivia Impex Pvt Ltd (India), Kerawalla Group (India), Excel Rasayan (India), Royal Chemicals (India), IOI Oleochemicals (Malaysia), Deeno Group (U.S.), Wilmar International Ltd. (Singapore), VVF ltd (India), 3F GROUP (India), and Musim Mas Holdings (India) among others.

Segmentation Analysis

The global Soap Noodles Market is segmented into source and applications. Based on the source, the market is segregated into vegetable oil, and tallow segments.

The market for the applications is further categorized into household use, special purpose soaps, industrial use, and others.

Regional Analysis

The soap noodles market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific holds the major share of the market due to growing consumption of soap noodles in household use, special purpose soaps, industrial use, and others. The household use segment holds the major portion and is anticipated to continue its dominance in the market due to extraordinary features offered by the product such as eco-friendly nature, constant composition, and other characteristics.

The European market has observed a remarkable growth due to a high standard of living and growing health concerns in the region. The market has been driven by these factors in various segments such as household use, special purpose soaps, and industrial use.

The North American region is growing significantly due to growing production of soap noodles in chemical industries. It is predicted that growing investments in the end-use industries is likely to drive the market during the forecast period. The growing consumption of the product in toilet soaps, lather soaps, and laundry soaps, as it provides a unique composition, bio-degradable nature, and high standard performance to the product has propelled the market growth in countries such as the U.S., Canada, and Mexico. Countries such as China, Japan, South Korea, and India are the major players in this market.

Browse the market data and information spread across 138 pages with 36 data tables and 11 figures of the report Soap Noodles Market Research Report- Forecast to 2023 in-depth alongside table of content (TOC) at:

Nickel Hydroxide Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecast to 2023

Nickel hydroxide is an inorganic compound, known by the formula Ni(OH)2 or Nickel(II) hydroxide.  It is an odorless, apple green, crystalline solid usually available in powder form. Nickel hydroxide occurs naturally as the mineral Theophrastus. It is electroactive and is converted to Ni (III) oxy-hydroxide in response to electrical stimuli. It is insoluble in water and dissolves readily in acids and ammonium hydroxide. It is non-explosive and non-oxidizing under normal conditions. It has a melting point of 2300C and decomposes before melting at 2000C. Its autoignition temperature or flash point is 4000C. It is denser than water having a density of 4g/cm3.

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Nickel hydroxide has two distinct polymorphs, namely α- Ni (OH) 2 and β-Ni (OH) 2. The α structure is composed of nickel hydroxide layers integrated with intercalated anions or water, whereas β structure is made up of a hexagonal structure of Ni2+ and OH− ions, without any kind of intercalated ions. Apart from, the α and β forms of nickel hydroxide, γ- Ni (OH)2 is made up of crystal structures having much bigger inter-sheet distances.

Furthermore, the renowned electronics manufacturers are shifting their production plants to this region owing to the easy investment norms, open market strategy, expedite the procedure, and other incentivizing measures adopted by these countries. Furthermore, growing urbanization, increasing purchasing power, and disposable income of the people in this region are favoring growth of the regional market.

Key Players and Competition Analysis

Some of the prominent players operating in the global nickel hydroxide market are Sigma-Aldrich, Inc., Norilsk Nickel, Alt Cobalt and Nickel Products (dalian). Co. Ltd, Nippy Chemicals., Jilin Jien Nickel Industry Co., Ltd., American elements, Tinchem Enterprise, Kelong, Umicore, Triveni chemicals., SUMITOMO METAL MINING CO., LTD., Tanaka Chemical Corporation, ZincFive, Inc., Jiangmen chancsun Umicore Industry Co., Ltd, and Changsha Xinye Industrial Co. Ltd.

Segmentation Analysis

The global Nickel Hydroxide Market is segmented on the basis of application and end-use industry.

Based on the applications, the global nickel hydroxide market is segmented into batteries, catalyst and others (ceramics, glass, optics, few more electrochemical applications)

Based on the end-user industry, the global nickel hydroxide market is segmented into automotive industry, electronics industry, chemical industry and others.

Nickel hydroxide is produced electrochemically by anodic oxidation of metallic nickel in aqueous electrolyte solutions containing sulfate and chloride, followed by treatment with alkali metal hydroxides to convert the intermediate product to pure nickel hydroxide.

Sodium or potassium hydroxides are used as alkali metal hydroxides in the concentration of 10-2 to 0.5 molar. This electrochemical process reduces the neutral salts occurrence by 90% as compared to conventional nickel hydroxide production process by precipitation from nickel salts.

Regional Analysis

The nickel hydroxide market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Countries such as Japan and South Korea with strong electronics industry base drives the demand for nickel hydroxide market. Following them, China and India are expected to increase the demand for nickel batteries due to its application in hybrid electric vehicles.

Asia Pacific holds a major share of the market due to the growing consumption of the nickel hydroxide in the battery manufacturing. The increasing demand for nickel hydroxide batteries in portable devices, hybrid electric vehicles, and several consumer products have propelled the region to witness a higher growth over the assessment period.

China is having the largest car market in the world and is developing strategies to ban carbon emission fuel vehicles to combat pollution and switch towards electric vehicle. Apart from this, India and China’s electronics industry is also growing at a faster pace to supplement their growing economy.  Browse the market data and information spread across 138 pages with 33 data tables and 10 figures of the report “Nickel Hydroxide Market Research Report – Forecast to 2023” in-depth alongside table of content (TOC) at:

Global Hexane Market | Industry Trends, Business Revenue and Key Players Profile by Forecast to 2023

Hexane Market is an unreactive, colorless, odorless, and relatively cost-effective solvent. It is insoluble in water and highly flammable. Hexane production is entirely dependent on crude oil availability. Since it is majorly produced by refining and reforming the crude oil. It has major applications in the formulation of glues and adhesives.

Furthermore, it acts as a solvent extraction agent due to its immiscible properties in many industries. It possesses degreasing properties, which can be used as cleaning agent. However, some industrially obtained solvents contain methyl cyclopentane compound, which can alter the hexane properties. Rising crude oil production across the globe is anticipated to be an important driver on the basis of gap reduction of hexane raw material requirement during the review period.

Hexane use is anticipated to increase owing to demand cleaning and degreasing solvent during the forecast period. Furthermore, Rapid Urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period 2017-2023.

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Hexane Market is used as a formulation in leather goods manufacturing and which is likely to witness a faster growth. It is anticipated to drive the hexane market and this can be attributed to the rising aspirations of young consumers across the globe and their strong interest in self-grooming and be trendy. However, implementation of strict regulations by various government bodies has restricted the use of toxic contaminants used in the extraction of cooking oils, which is expected to hamper market growth.

As per our analysis, some of the prominent market factors and trends identified in the global hexane market include rapidly increasing food processing industries owing to increasing food supply, demand for leather products, and increasing expenditure on research activities. Moreover, demand for hexane is predicted to witness a significant growth over the assessment period due to surging oil & gas industry.

Key Players and Competition Analysis

Some of the prominent players operating in the global hexane market are Royal Dutch Shell plc (the Netherlands), Phillips 66 Company (U.S.), Exxon Mobil Corporation (U.S.), Bharat Petroleum Corporation Limited (India), Sumitomo Chemical Co., Ltd. (Japan), Liaoyang Yufeng Chemical Co., Ltd. (China), China Petroleum & Chemical Corporation (China), Chevron Phillips Chemical Company (U.S.), Rompetrol S.A. (Romania), and Junyuan Petroleum Group (China) among others.

Segmentation Analysis        

The Global Hexane Market is categorized based on grade, application, and region. Based on the grade, the market is bifurcated into polymer and food. Based on the application, the hexane market is categorized into the formulation, oil extraction, cleaning agent, and others. Based on the region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

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Regional Analysis

The global hexane market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

 Asia Pacific has emerged as the leading market for hexane followed by North America and Europe. The North American hexane market is predicted to witness a tremendous growth due to increasing consumption potential, increasing production capacities, and rising economic growth rate. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to reduce the demand gap for hexane raw materials.

As of 2016, the U.S accounted for the largest market share and is followed by Canada in terms of value & volume and is estimated to grow at a moderate CAGR due to growing production of crude oil.

Asia Pacific is predicted to grow at the highest CAGR during the review period on account of expanding food processing industry. The demand for hexane is predicted to surge in numerous countries of the Asia Pacific region such as China, India, Indonesia, and Thailand due to an increased supplement of cooking oils.

North American region, the U.S. is predicted to be the major contributor to the regional growth of the hexane market and is expected to see a significant demand for hexane during the forecast period.

Browse the market data and information spread across 137 pages with 33 data tables and 12 figures of the report “Hexane Market Research Report – Forecast to 2023” in-depth alongside table of content (TOC) at:

Benzaldehyde Market: Global Industry Analysis, Top Manufacturers, Business Development, Region, Forecast to 2022

Global Benzaldehyde Market was valued at USD 225.0 million in 2015 and is expected to reach USD 282.7 million by the end of 2022, expanding at a CAGR of 3.5 % from 2016 to 2022. Aroma chemical industries are the prominent end-user of benzaldehyde, followed by pharmaceutical and agrochemical industries.

Benzaldehyde is an aldehyde, also known as benzenecarboxy aldehyde and benzoic aldehyde. Benzaldehyde is colorless in appearance and have a pleasant odor, widely used in synthesis of various aromatic chemicals and as additives.

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Furthermore, consumption of benzaldehyde in manufacturing of dyestuff, flavors and fragrances is propelling the demand for benzaldehyde, which in turn is adding value to the global benzaldehyde market. However, the crude oil price fluctuations leading to the volatility of raw material prices for benzaldehyde manufacturing and federal regulations associated with manufacturing and consumption of benzaldehyde, emergence of small players leading to competitive pricing are some of the restraining factors identified in the global benzaldehyde market.

Agrochemicals industry being one of the key consumers of benzaldehyde in the developing markets is further expected to augment the demand for benzaldehyde. Apart from the above-mentioned factors, demand for food grade benzaldehyde obtained from toluene oxidation process in food and beverage industry
 Key Players and Competition Analysis

The key players of Global Benzaldehyde Market are Emerald Performance Materials LLC, Gujarat Alkalies and Chemicals Limited, LANXESS AG, Kadillac Chemicals Pvt Ltd, Jiangsu Jiamai Chemical Co. Ltd, Wuhan Dico Chemical Co. Ltd, Penta S.R.O, and Taj Pharmaceutical Limited,

Key Findings:

Global Benzaldehyde Market is projected to reach USD 282.7 million by 2022 with 3.56% CAGR during review period of 2016-2022

Asia-Pacific accounted for largest share due to growing application industries in this region

Benzaldehyde market is consolidated in the developed regions with limited number of manufacturers dominating the market, whereas, in the developing markets the market is fragmented with dominance of small manufacturers from the Asia-Pacific region.

Segmentation Analysis

By Derivatives: Benzoic Acid, Sodium Benzoate, Benzyl Alcohol, Cinnamic Acid, and Others. By Production Process: Toluene Chlorination Process, Toluene Oxidation Process. By Application: Aroma Chemicals, Pharmaceuticals, Agrochemicals, Food & Beverages, Dyes & Coatings, and Others. By Regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Regional Analysis

The global Benzaldehyde Market is expected to register steady growth of 3.5% over the forecast period. The prominent factors fuelling the growth of global benzaldehyde market are, rise in demand among the aromatic chemical manufacturers along with the growth in aromatic chemicals market, increasing demand for benzaldehyde as an active pharmaceutical ingredient (API) in the pharmaceutical industries.

Geographically, Asia-Pacific region dominates the benzaldehyde market both in terms of volume and value and is expected to grow significantly at a CAGRs of 3.3 % and 4.2 % respectively. China is major revenue generating country due to growing end user industry and increase in consumption rate of chemicals by manufacturers. Europe, North America accounts for second and third market share in the global benzaldehyde market.

Benzaldehyde is traditionally manufactured by the chlorination of toluene; however, it is not regarded as safe for use in food industries, due to the presence of chlorine traces. Hence, benzaldehyde manufactured by toluene oxidation process is gaining popularity across industries, prominently among the food & beverage manufacturers.

Browse the market data and information spread across 140 pages with 215 data tables and 38 figures of the report Benzaldehyde Market Research Report- Forecast to 2022 in-depth alongside table of content (TOC) at:

Anhydrite Market 2023 | Industry Share, Size, Growth Opportunities, Business Strategy and Forecast

Anhydrite is used in various applications such as soil treatment, construction, fertilizers, industrial, drying agents, and others. The soil treatment application segment is driving the global market due to its higher solubility and calcium content, which is highly useful for maintaining the fertility of the soil. The use of anhydrite in the construction sector for production of Autoclaved Aerated Concrete (AAC) is another major driver of the global market and is expected to fuel the growth further in coming years.

For instance, Resource Conservation and Recovery Act by the U.S. Environmental Protection Agency has created a framework for the proper management of hazardous and non-hazardous solid waste, which is likely to propel the demand for anhydrite for soil treatment. This growth can be attributed to the growing infrastructure and construction activities across the globe coupled with high disposable income.

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Anhydrite is anhydrous calcium sulfate, which occurs in extensive layered deposits in sedimentary basins. The evaporite deposits of halite, gypsum, and limestone in thick accumulations consist of anhydrite.

Anhydrite is a potential replacement of gypsum because of these properties. It is used to neutralize the polluted soil to prevent pollution, which is another major factor inspiring use of anhydrite instead of gypsum. The lack of arable land and the rising demand for soil treatment for cultivation and agriculture purposes are likely to propel the market growth. Some of the government initiatives pertinent to soil conservation are expected to influence the market demand positively.

Key Players and Competition Analysis

Some of the prominent players operating in the global anhydrite market are Solvay (Belgium), Vanich Gypsum Co. Ltd (Thailand), General Mining And Trading Co., Ltd (Thailand), USG Corporation (U.S.), Lafarge Holcim (France), Knauf Gips KG (Germany), Saint-Gobain SA (France), NATIONAL GYPSUM PROPERTIES, LLC (U.S.), Georgia-Pacific Gypsum LLC (U.S.), ANHYDRITEC (Cheshire), Mineralis Lucentum (Spain), Quzhou Zunlong Trading Co., Ltd. (China), Bisley & Company Pty Ltd. (Australia), BDH Gypsum (U.S.), and ACG Materials (U.S.).

Segmentation Analysis

The global Anhydrite market is segmented by type and application. Based on the type, the global market is segmented into natural and synthetic. The various applications of anhydrite include soil treatment, construction, fertilizers, industrial applications, drying agents, and others.

Regional Analysis

Anhydrite market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Moreover, the demand for the product is rising for soil treatment, and fertilizer owing to the major agricultural countries present in this region. Countries such as Indonesia, South Korea, and Thailand are also significant exporters of fertilizers.

Europe is likely to witness a considerable growth on account of the growing demand for concrete from the building & construction sector in Western European countries. 

Among these, Asia Pacific was the largest region in the global anhydrite market in 2016 on account of the rapidly growing urbanization and industrialization in countries such as China, India, and others. The reviving construction sector in this region is another major factor influencing the market growth positively. North America was the second largest region in the global anhydrite market in 2016 due to the growing use of fertilizers in the U.S. for crop production.

Browse the market data and information spread across 133 pages with 33 data tables and 12 figures of the report “Anhydrite Market Research Report – Forecast to 2023” in-depth alongside table of content (TOC) at:

Waterborne Wood Coatings Market: Industry Trends, Growth, Share, Size, Regional Analysis and Forecast Till 2024

Over the past few years, the global waterborne wood coatings market has witnessed moderate growth. This can be accredited to the increasing construction activities around the world, stringent government policies and the introduction of innovative waterborne wood coatings.

According to the latest market research report by IMARC Group, titled “Waterborne Wood Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global waterborne wood coatings market reached a value of more than US$ 2 Billion in 2018. Waterborne wood coatings are applied on a wood surface in order to protect it from chemical attacks and environmental damage. They not only enhance durability but also render an aesthetic look to the surface. These coatings are composed of minute spheres of resin that are suspended in water along with a slow-evaporating solvent. The solvent softens the protective coating on tiny resin latexes, leading them to form a continuous film, whereas the high-water content of these coatings assist in easy application. As they are highly efficient, environment friendly and possess good heat resistance, these coatings are used on doors, sofas, tables, chairs, cars, decorative wooden items, cabinets, shelves and wooden panels.

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Market Trends:

In recent years, rapid urbanization has increased the construction of residential, commercial and industrial infrastructure across the globe. This has led to a rise in the demand for wood products which, in turn, is boosting the growth of the wood coatings market. Moreover, governments of various countries are restricting the use of coatings that contain high volumes of volatile organic compounds (VOCs). As waterborne wood coatings contain relatively less quantity of VOCs, they are increasingly being used across various sectors. Further, numerous modified variants of waterborne wood coatings have been introduced by the manufacturers. For instance, the utilization of silver nanoparticles as an additive helps waterborne wood coatings to attain anti-microbial property. This aids in preventing the growth of fungi and bacteria on wood, owing to which they are gaining popularity worldwide. On account of these factors, the market is expected to grow at a CAGR of around 5% during 2019-2024, reaching a value of nearly US$ 3 Billion by 2024.

Waterborne Wood Coatings Market Segmentation:

Market Segmentation by Application

  • Furniture
  • Decking
  • Joinery
  • Siding
  • Flooring
  • Others

On the basis of applications, the market has been categorized into furniture, decking, joinery, siding, flooring and others. Amongst these, furniture is the largest application segment of waterborne wood coatings.

Market Segmentation by Region

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

On the geographical front, Asia Pacific represents the leading market, holding the majority of the total share. Other markets include Europe, North America, Middle East and Africa, and Latin America.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

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Extrusion Coating Market to be Worth 5.64 Billion USD by 2022

The report [158 pages] Extrusion Coating Market by Material Type (LDPE, EVA, PP), Substrate (Paper & Paperboard, Polymer Films, Aluminum Foil), and Region – Global Forecast to 2022″, The extrusion coating market was valued at USD 4.10 Billion in 2016 and is projected to reach USD 5.64 Billion by 2022, at a CAGR of 5.5% during the forecast period. In this study, 2016 has been considered as the base year and 2017 to 2022 as the forecast period for estimating the market size for extrusion coating. The growth of the extrusion coating market across the globe is fueled by the high demand from the packaging industry and increasing global demand for extrusion coatings in Asia Pacific, South America, and Middle East & Africa region.

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LDPE is the largest segment of the Extrusion Coating Market and is projected to grow at the highest CAGR from 2017 to 2022. 

LDPE is of great importance due to its easy processing, higher melt strength, and superior optical properties in comparison with linear polyethylene. It has a good moisture barrier and sealability properties and hence is used in applications such as liquid packaging, food packaging, folding carton, and others. It is resistant to impact, moisture, chemicals, and is recyclable. LDPE is the largest and fastest-growing type segment of polymers used in the Extrusion Coating Market. The growing application of LDPE in various end-use industries such as packaging, automotive, building & construction, medical & pharmaceutical, consumer goods, and others is expected to drive the Extrusion Coating Market in the coming future.

Among substrates, the paper & paperboard segment is projected to lead the Extrusion Coating Market from 2017 to 2022. 

Paper & paperboard is the largest substrate segment. This is due to the superior properties of paperboard such as lightweight, recyclability, low cost, and environment-friendliness. Paper & paperboard is used for packaging various food items such as snacks, vegetables, and others. These factors are expected to drive the growth of the paper & paperboard segment.

The Asia Pacific region is the largest market for extrusion coating across the globe. 

Asia Pacific is the global forerunner in the Extrusion Coating Market, in terms of value and volume, and this trend is expected to continue till 2021. Countries in this region such as China, India, Japan, South Korea, and Indonesia are witnessing significant increase in the use of extrusion coatings in the packaging segment of the food & beverages industry. The growth of the Asia Pacific Extrusion Coating Market is also attributed to the rapid economic growth and increasing population that is driving the demand for extrusion coating materials from various end-use industries in this region. China is the fastest-growing market and this trend is estimated to continue till 2022.

Dow Chemical (US), Exxon Mobil (US), Borealis AG (Austria), Celanese Corporation (US), Chevron Phillips (US), DuPont (US), LyondellBasell Industries Holdings B.V. (US), Qenos Pty. Ltd. (Australia), and SABIC (Saudi Arabia) are the leading players in the Extrusion Coating Market who have adopted various organic and inorganic strategies to ensure their growth in this market.

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cyanate ester resins market, cyanate ester resins, cyanate ester resins market share, cyanate ester resins market size

Cyanate Ester Resin Market Projected to Reach 338.8 Million USD by 2022

According to the market research report Cyanate Ester Resins Market by End-Use Industry (Aerospace & Defense, Electrical & Electronics), Application (Composites, Adhesives), and Region (North America, Europe, APAC, MEA, and South America) – Global Forecast to 2022″, The global cyanate ester resin market is estimated at USD 195.2 Million in 2017 and is projected to reach USD 338.8 Million by 2022, at a CAGR of 11.7% from 2017 to 2022.

Browse 78 market data Tables and 33 Figures spread through 112 Pages and in-depth TOC on “Cyanate Ester Resins Market – Global Forecast to 2022”
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Cyanate ester resins are used across various end-use industries. They have various applications, such as rubber compounding, glass & ceramics, and pharmaceuticals, due to their excellent properties such as high heat resistance, high strength-to-weight ratio, durability, low shrinkage, flame resistance, low smoke generation, UV stable, and corrosion and chemical resistance.

Aerospace & defense is estimated to be the largest end-use segment of the global cyanate ester resins market between 2017 and 2022.

Among various end-use industries, aerospace & defense is estimated to be the largest end-use industry of the global cyanate ester resin market. Cyanate ester resins are extensively used in the radome application in the aerospace & defense industry. They are also used in manufacturing of air ducts, racing cars, and some critical electrical components close to automobile engines.

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Composites is projected to be the largest and fastest-growing application segment in the global cyanate ester resin market.

Composites application segment is projected to be the fastest-growing segment of the cyanate ester resin market between 2017 and 2022. In a composite part, resins bind fibers together, allowing loads to be transferred between the fibers and preventing adverse effects caused by extreme weather conditions, water, or chemicals. Cyanate ester composites have various uses in aerospace & defense aircraft internal and structures, electronic components, and automotive parts. Increasing use of composites in aircraft manufacturing to reduce overall weight of aircraft is expected to drive the cyanate ester resin market for composites application.

Rising demand for cyanate ester resins in North America contributes to the high growth of this market.

In 2016, North America accounted for the largest share of the global cyanate ester resins market and is expected to grow at the highest CAGR between 2017 and 2022, in terms of value. Currently, the US is the largest market for cyanate ester resins in North America and is expected to continue to lead till 2022. In the US, the demand for cyanate ester resins is expected to increase due to the large aerospace & defense industry, growing use of cyanate ester resins in high end applications, and economic growth. The use of cyanate ester resins is increasing in the aerospace & defense end-use industry because they provide more structural strength than the metallic alloys when used as composite with other materials, low dielectric constant, and are also light in weight. This leads to improved fuel efficiency and performance of aircraft. Cyanate ester resins are commonly used in aerospace radomes.

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Key companies profiled in the global cyanate ester resins market research report include Lonza (Switzerland), Huntsman (US), Cytec Solvay Group (US), Henkel (Germany), Tencate Advanced Composites (Netherlands), and others

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