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Europe, Middle East & Africa Hot-melt Adhesives Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 140 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 140 pages
- Published: 17-06-2019
Market Overview
The Europe, Middle-East & Africa hot-melt adhesives market is expected to witness a healthy growth, at an estimated CAGR of 5.95%, during the forecast period (2019-2024). The major factors driving the market studied are the increasing demand from the automotive and packaging industries and rising environmental concerns regarding solvent-borne adhesives. Volatility in the availability and price of raw materials is forcing internal substitutions and is expected to significantly hinder the growth of the market studied.
In 2017, ethylene vinyl acetate segment was estimated to have the largest share, with about 55 % of the Europe, Middle-East & Africa hot-melt adhesives market (in terms of revenue).
The healthcare industry is expected to witness the fastest CAGR in the market, of 6.35%, during the forecast period.
The adoption of bio-based hot-melt adhesives is likely to act as an opportunity for the market’s growth in the future.
Key Market Trends
Increasing Demand from the Footwear and Leather Industry
Hot-melt adhesives are used for bonding the flat soles of running shoes, edge folding, and shoe upper bonding, among others. The ease with which they can be applied makes hot-melt adhesives extremely attractive to footwear manufacturers.
They find applications in shoe manufacturing and leatherwork, making sports equipment, apparel, accessories, etc.
Moreover, properties, such as excellent bond strength, and resistance to temperature and weather conditions, provided by these adhesives are important requirements for the footwear segment. The water resistance offered by hot-melt adhesives helps in its application in creating waterproof bonds between linings and insoles.
The European footwear industry is expected to display moderate growth, due to increased demand for sports footwear, sports equipment, and apparel (made up of leather). Along with this, the growing demand for more comfort, new models, and lifestyle trends, among others, are contributing to the demand in the footwear industry.
Countries, such as Germany and France, are expected to witness moderate growth in the demand for PUR hot-melt adhesives used for footwear purposes, while the United Kingdom is expected to exhibit positive growth, owing to the consistently rising footwear expenditure in the country.
Germany to Dominate the Market
Germany dominated the Europe, Middle East & Africa market in 2017. In 2017, the German automotive industry recorded a turnover of over EUR 400 billion, which was about 20% of the total revenue generated by the German industry. In Europe, Germany accounts for 30% of total passenger car manufacturing, and 20% of all new car registrations. 21 of the world’s top 100 automotive suppliers are German companies.
Automotive production in the country has been declining over the past few years, due to the high cost and shifting of production to countries like China. Moreover, sales have also been growing at a slow pace. However, there is still a significant demand from the automotive aftermarket, which is expected to contribute to the consumption of hot-melt adhesives during the forecast period.
The application of hot-melt adhesives in car seats, cables in the roof li0ner, bonding door sill protectors, anchor plates, emblems, and other plastic parts, etc., is expected to create an increased demand for these adhesives, with the simultaneous growth of the automotive industry.
In Europe, Germany holds the largest healthcare market. The annual expenditure on health in the country is estimated to be more than EUR 350 billion, excluding fitness and wellness. With demographic changes and digitalization, the country has been investing in mobile healthcare facilities, which have provided a platform for the further expansion of the German healthcare sector.
Hence, with the growth of the automotive, healthcare, construction and building, and other sectors in the country, the demand for hot-melt adhesives is expected to witness growth in the country in the upcoming years.
Competitive Landscape
The Europe, Middle East & Africa hot-melt adhesives market is a fragmented market, with numerous global and local players operating in the market. Major players in the market include Arkema Group (Bostik SA), Jowat SE, Sika AG, HB Fuller Co., and Henkel AG & Co. KGaA, among others
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Automotive and Packaging Industries
4.1.2 Rising Environmental Concerns Regarding Solvent-borne Adhesives
4.2 Restraints
4.2.1 Volatility in the Availability and Price of Raw Materials, Forcing Internal Substitutions
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Resin Type
5.1.1 Polyolefins
5.1.2 Polyamide
5.1.3 Thermoplastic Polyurethane
5.1.4 Ethylene Vinyl Acetate
5.1.5 Styrenic-butadiene Copolymers
5.1.6 Other Resin Types
5.2 End-user Industry
5.2.1 Building and Construction
5.2.2 Paper, Board, and Packaging
5.2.3 Transportation
5.2.4 Woodworking and Joinery
5.2.5 Footwear and Leather
5.2.6 Healthcare
5.2.7 Electrical and Electronics
5.2.8 Other End-user Industries
5.3 Geography
5.3.1 Europe
5.3.1.1 Germany
5.3.1.2 UK
5.3.1.3 Italy
5.3.1.4 France
5.3.1.5 Spain
5.3.1.6 Rest of Europe
5.3.2 Middle East & Africa
5.3.2.1 Saudi Arabia
5.3.2.2 South Africa
5.3.2.3 United Arab Emirates
5.3.2.4 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 Alfa International Corporation
6.4.3 Arkema Group (Bostik SA)
6.4.4 Ashland Inc.
6.4.5 Avery Dennison Corp.
6.4.6 DowDuPont
6.4.7 Dymax Corporation
6.4.8 Franklin International
6.4.9 HB Fuller Company
6.4.10 Henkel AG & Co. KGaA
6.4.11 Hexcel Corporation
6.4.12 Hexion Inc.
6.4.13 Huntsman Corp.
6.4.14 Jowat SE
6.4.15 LORD Corp.
6.4.16 Mactac
6.4.17 Mapei SpA
6.4.18 Master Bond
6.4.19 Paramelt B
6.4.20 Pidilite Industries Ltd
6.4.21 Sika AG
6.4.22 Yokohama Industries
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Adoption of Bio-based Hot-melt Adhesives
7.2 Innovative Product Development to Gain Competitive Edge
MARKET SEGMENTATION
Resin Type
Polyolefins
Polyamide
Thermoplastic Polyurethane
Ethylene Vinyl Acetate
Styrenic-butadiene Copolymers
Other Resin Types
End-user Industry
Building and Construction
Paper, Board, and Packaging
Transportation
Woodworking and Joinery
Footwear and Leather
Healthcare
Electrical and Electronics
Other End-user Industries
Geography
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Rest of Middle East & Africa
Liquid Crystal Polymer (LCP) Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 130 pages | Published: 11-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 130 pages
- Published: 11-06-2019
Market Overview
The market for liquid crystal polymers (LCP) is expected to record a CAGR of 4.64% during the forecast period 2019 and 2024.
One of the major factors driving the growth of the market studied is the strong demand for smaller and thinner electrical components that must withstand higher temperatures and wear. Many of the customers engaged in the manufacture of electronics components are establishing manufacturing operations in China, and therefore, the greatest demand for LCP, used for such components, is coming from China.
The high cost of liquid crystal polymers, in comparison to natural graphite, is expected to hinder the market’s growth
The increasing potential in the fields of medical and home appliances is expected to offer vast opportunities for the growth of the market
Key Market Trends
Increasing Demand for Miniaturization of Electrical and Electronic Components
Liquid crystal polymer (LCP) is a super engineering plastic, with a combination of high strength, modulus and impact properties, flame retardance, resistance to a wide range of aggressive chemicals, very low and tailor-able coefficients of thermal expansion (CTE), excellent dimensional stability, thin-wall flow-ability, and unique processability.
With the miniaturization trend of many electronic products, manufacturers are streamlining devices to pack more features into smaller packages. For instance, the pitch (spacing) between contacts in electrical connectors is narrower than ever before and as small as 0.2 mm, when compared to older-style power connectors, with pitches exceeding 12.0 mm.
For the same reasons, LCPs are also injection molded into an integrated circuit (IC) sockets, high-frequency (HF) network switches, power modules for wind and solar inverters and converters, custom high-power electrical connectors, and many other precision devices.
Daily use of electronic equipment, like cell phones, laptops, or tablet PCs, is increasing at a rapid pace. At the same time, these devices are becoming more powerful and inexpensive from generation to generation, while decreasing in size and weight. LCP is delivering the properties that permit the successful development of the miniaturization of electrical equipment.
Such factors are expected to drive global LCP during the forecast period.
Asia-Pacific Region to Dominate the Market
The Asia-Pacific region dominated the global market share in 2017. China is the world’s largest electronics production base and offers tough competition to existing upstream producers, like South Korea, Singapore, and Taiwan. Electronic products, such as smartphones, OLED TVs, tablets, and so on, have the highest growth in the market in the consumer electronics segment. The electronics manufacturing industry is constantly moving to China, as a result of low cost and increasing demand for electronics products. With the increase in the disposable income of the middle-class population, the demand for electronic products is projected to grow in the near future, thereby, driving the liquid crystalline polymers market. Additionally, the US aircraft giant Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China Ltd (COMAC), are together planning to build a Boeing 737 production system, with a capacity of 100 planes in Zhoushan area of China, which will start its operation by 2018. This factor is likely to drive the aerospace manufacturing industry, which, in turn, is expected to boost the demand for liquid crystalline polymers, for aerospace and aviation applications. Hence, such factors are expected to drive the demand for LCP in the region.
Competitive Landscape
The global liquid crystalline polymers market is consolidated, with the top five companies accounting for over 85% of the global production. Key players in the global LCP market include Polyplastics, Celanese Corporation, Sumitomo Chemical, Solvay and other prominent players include Toray, Shanghai Pret Composites Co. Ltd, Chang Chun, and Ueno Fine Chemicals Industry Ltd among others.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand for Miniaturization of Electrical and Electronic Components
4.1.2 Development of Lightweight Materials for Automobile Components
4.2 Restraints
4.2.1 High Costs Compared to Natural Graphite
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Technological Snapshot
4.5.1 Production Process
4.6 Regulatory Policies Analysis
4.7 IP Snapshot/Overview
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Thermotropic
5.1.2 Lyotropic
5.2 Application
5.2.1 Electrical and Electronics
5.2.2 Industrial Machinery
5.2.3 Automotive
5.2.4 Other Applications (Medical and Aerospace)
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Australia & New Zealand
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Russia
5.3.3.6 NORDIC Countries
5.3.3.7 Netherlands
5.3.3.8 Spain
5.3.3.9 Rest of Europe
5.3.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Celanese Corporation
6.4.2 Polyplastics Co. Ltd
6.4.3 Sumitomo Chemical Company
6.4.4 Shenzhen Wote Advanced Materials Co. Ltd
6.4.5 Solvay
6.4.6 Toray Industries Inc.
6.4.7 Chang Chun Plastics Co. Ltd
6.4.8 Shanghai Pret Composites Co. Ltd
6.4.9 UENO FINE CHEMICALS INDUSTRY LTD
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Potential in the Medical and Home Appliances Market
MARKET SEGMENTATION
Type
5.1.1 Thermotropic
5.1.2 Lyotropic
Application
5.2.1 Electrical and Electronics
5.2.2 Industrial Machinery
5.2.3 Automotive
5.2.4 Other Applications (Medical and Aerospace)
Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Australia & New Zealand
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Russia
5.3.3.6 NORDIC Countries
5.3.3.7 Netherlands
5.3.3.8 Spain
5.3.3.9 Rest of Europe
5.3.4 Rest of the World
Alumina Trihydrate Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 110 pages | Published: 11-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 110 pages
- Published: 11-06-2019
Market Overview
The market for alumina trihydrate is anticipated to register a CAGR of 5.63% during the forecast period 2019 and 2024. It is also called as Alumina Hydrate, Aluminum Hydroxide, Aluminum Tri Hydroxide, and Aluminum Hydrate.
Increasing demand for plastics from various end-user industries are expected to drive the demand for the market during the forecast period.
Availability of some non-toxic substitutes such as Magnesium Hydroxide and Calcium Carbonate is likely to hinder the market’s growth.
Increasing usage of alumina trihydrate in the new applications such as batteries, chemicals, etc., is projected to act as an opportunity for the market in the future.
Key Market Trends
Increasing Demand for Plastics
Alumina trihydrate is majorly used in plastics as a flame retardant. Almost 50% of the alumina trihydrate produced is being used in the plastics industry.
Plastics are being used in different end-user industries owing to the advantages such as low cost, less weight, durable, water resistant, etc. Some of the major end-user industries include automotive & transportation, construction, electrical & electronics, etc.
Growing demand for lightweight materials in the automotive industry, in order to provide increased efficiency and design flexibility, is primarily responsible for the growth of the plastics market. High-performance plastics offer manufacturers the advantages of design and comparable strength of steel, which helps in reducing the overall weight and controlling greenhouse gas emissions.
The building and construction sector is the second-largest application segment for plastics. The demand from developing economies, like China and India, is much more than the demand from developed countries, like United States and United Kingdom. In developed countries, the construction sector is mature, as compared to the construction sector in developing economies, which is growing drastically, fuelled by the growing population and increasing urbanization. It is projected that, by 2021, China and India together are expected to account for around 40% of the global construction industry.
All the aforementioned factors increase the demand for plastics from various industries. This, in turn, expected to drive the demand for the alumina trihydrate during the forecast period.
Asia-Pacific Region to Dominate the Market
Asia-Pacific region dominated the global market share in 2018. With growing demand for plastics and growing building & construction industries in the countries such as China, India, and Japan, the usage of alumina trihydrate is increasing in the region. The market in the region is anticipated to register the highest CAGR during the forecast period.
Competitive Landscape
The alumina trihydrate market is partially consolidated. In terms of market share, few of the major players currently dominate the market. Key players in the alumina trihydrate market include Nabaltec AG, ALMATIS, Huber Engineered Materials, LKAB Minerals AB, and other prominent players include Aditya Birla Management Corporation Pvt. Ltd., Akrochem Corporation, ALUMINA – CHEMICALS & CASTABLES, and Aluminum Corporation of China Limited (Chalco), among others.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand for Plastics from Various End-user Industries
4.1.2 Growing Construction Industrial Activities Across the World
4.1.3 Other Drivers
4.2 Restraints
4.2.1 Availability of Non-Toxic Substitutes
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Application
5.1.1 Flame Retardant
5.1.2 Antacid
5.1.3 Filler
5.1.4 Others
5.2 End-user Industry
5.2.1 Plastics
5.2.2 Coatings
5.2.3 Glass
5.2.4 Pharmaceuticals
5.2.5 Adhesives & Sealants
5.2.6 Others
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.2.4 Rest of North America
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Aditya Birla Management Corporation Pvt. Ltd
6.4.2 Akrochem Corporation
6.4.3 ALMATIS
6.4.4 Alteo
6.4.5 ALUMINA – CHEMICALS & CASTABLES
6.4.6 Aluminum Corporation of China Limited (Chalco)
6.4.7 Huber Engineered Materials
6.4.8 LKAB Minerals AB
6.4.9 MAL – Magyar Aluminium
6.4.10 Nabaltec AG
6.4.11 Sibelco
6.4.12 Sumitomo Chemical Co., Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Usage in Batteries and Chemicals
MARKET SEGMENTATION
Application
Flame Retardant
Antacid
Filler
Others
End-user Industry
Plastics
Coatings
Glass
Pharmaceuticals
Adhesives & Sealants
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Caprolactam Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 130 pages | Published: 11-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 130 pages
- Published: 11-06-2019
Market Overview
The global caprolactam market is expected to record a CAGR of 3.47% during the forecast period of 2019and 2024. Major factors driving the market studied are the increase in the demand for nylon 6 and in the demand for lightweight vehicles in the automobile industry. Stiff competition from nylon 6/6, nylon MDS, and polybutylene terephthalate (PBT) is expected to hinder the growth of the market studied.
The nylon 6 fibers segment dominated the market in 2017, and it is expected to register a high growth rate during the forecast period, owing to the increasing demand from the textile and carpets industry across the world.
Increasing focus on recycling caprolactam is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and South Korea.
Key Market Trends
Increasing Demand for the Production of Nylon 6 Fibers
The nylon 6 fibers segment dominated the market in 2017, and it is expected to register a high growth rate during the forecast period, owing to the increasing demand from the textile and carpets industry across the world.
Increasing focus on recycling caprolactam is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and South Korea.
Production of nylon 6 fibers is one of the major applications of caprolactam, which accounts for over 56% of the caprolactam market share.
Nylon 6 fibers are wrinkle proof and highly resistant to abrasion and chemicals, such as acids and alkalis. Moreover, it is easy to dye these fibers, which primarily produce deep and bright shades, while offering high strength and lightweight.
Nylon 6 fibers have varied applications in sportswear, swimwear, hosiery, and fashion wear. They have great stretch fit properties when combined with spandex fibers.
Apart from clothing, nylon 6 fibers have other industrial applications, like tarpaulins, fishing nets, and tarpaulins. Moreover, they are used in packaging applications, as they have good mechanical, optical, and barrier properties.
Nylon 6 fibers are extensively used in the production of fishing nets, tire yarns, sewing threads, industrial drive-belts, etc.
Though the nylon 6 fiber segment is saturated in western countries, it is growing considerably in the Asian region, particularly in China. Owing to competition from other materials, like nylon 66 and polyester, the nylon 6 segment’s growth is expected to be sluggish during the forecast period.
Asia-Pacific Region to Dominate the Market
The Asia-Pacific region dominated the global market share in 2017. With growing textile and automotive industries in countries, such as China, Japan, and South Korea, the consumption of caprolactam is increasing in the region. China is the largest producer of polyamide 6 in the world, and had a production share of about 19.7%, in 2017. Some of the largest producers of polyamide 6 in China are Guangdong Xinhui Meida Nylon Co Ltd, BASF (China) Co. Ltd, and Liheng (Changle) Polyamide Technology Co. Ltd. In 2017, the annual GDP growth rate of China grew from 6.7%, to reach 6.9%. The GDP recorded similar growth in 2018 and the trend is expected to continue in the years to come. China is by far the largest automotive manufacturer in the world, since 2009, with the current share of production of over 29%. In 2017, the Chinese automotive industry recorded a growth of 3.19% and reached a total of 29,015,434 units. The Chinese textile industry is the largest in the world, with a market share of over 35%. In 2017, the Chinese textiles exports saw an annual growth of 4.5%. During the same year, in terms of share in world textile exports, China remained a global leader, with a share of 37.1%. With the increase in textile production, the caprolactam market is expected to register gradual growth in China. South Korea had the production capacity of 58 kilo metric ton of nylon 6 and 66 resin, in 2017. The major producer of nylon 6 and 66 resin in South Korea is Solvay Polyamide and Intermediates. South Korea had the production capacity of 270 kilo metric ton of caprolactam, in 2017. The major producer of caprolactam in South Korea is Capro Corporation. The aforementioned factors, coupled with government support, are expected to contribute to the increasing demand for caprolactam consumption in the region during the forecast period.
Competitive Landscape
The global caprolactam market is fragmented, with the top five players accounting for about 36% of the market. The major companies include Sinopec Shijiazhuang Refining & Chemical Company (SRCC), China Petrochemical Development Corporation (CPDC), Fibrant, Shandong Haili Chemical Industry Co. Ltd, BASF SE, and Capro Corp.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increase in the Demand for Nylon 6
4.1.2 Increase in the Demand for Lightweight Vehicles in the Automobile Industry
4.2 Restraints
4.2.1 Stiff Competition from Nylon 6/6, Nylon MDS, and Polybutylene Terephthalate (PBT)
4.2.2 Other Restraints
4.3 Industry Value-chain Analysis
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Raw Material
5.1.1 Phenol
5.1.2 Cyclohexane
5.2 End Product
5.2.1 Nylon 6 Resins
5.2.2 Nylon 6 Fibers
5.2.3 Other End Products
5.3 Application
5.3.1 Engineering Resins and Films
5.3.2 Industrial Yarns
5.3.3 Textiles and Carpets
5.3.4 Other Applications
5.4 End-user Industry
5.4.1 Automotive Industry
5.4.2 Carpet Industry
5.4.3 Textile Industry
5.4.4 Other End-user Industries
5.5 Geography
5.5.1 Asia-Pacific
5.5.1.1 China
5.5.1.2 India
5.5.1.3 Japan
5.5.1.4 South Korea
5.5.1.5 Rest of Asia-Pacific
5.5.2 North America
5.5.2.1 United States
5.5.2.2 Canada
5.5.2.3 Mexico
5.5.2.4 Rest of North America
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 United Kingdom
5.5.3.3 Italy
5.5.3.4 France
5.5.3.5 Rest of Europe
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle East & Africa
5.5.5.1 Saudi Arabia
5.5.5.2 South Africa
5.5.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Advansix Inc.
6.4.2 Alpek S.A.B. de CV
6.4.3 BASF SE
6.4.4 Capro Corp.
6.4.5 DOMO Caproleuna GmbH
6.4.6 Fertilizers & Chemicals Travancore Ltd
6.4.7 Juhua Group Corporation
6.4.8 Lanxess AG
6.4.9 PJSC Kuibyshevazot
6.4.10 Sumitomo Chemical Co. Ltd
6.4.11 Toray Industries Inc.
6.4.12 UBE Industries Ltd
6.4.13 Fibrant
6.4.14 Sinopec Shijiazhuang Refining & Chemical Company (SRCC)
6.4.15 Fujian Jinjiang Petrochemical
6.4.16 Shandong Haili Chemical Industry Co. Ltd.
6.4.17 Baling Petrochemical
6.4.18 China Petrochemical Development Corporation (CPDC)
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Focus on Recycling Caprolactam
7.2 Other Opportunities
MARKET SEGMENTATION
Raw Material
5.1.1 Phenol
5.1.2 Cyclohexane
End Product
5.2.1 Nylon 6 Resins
5.2.2 Nylon 6 Fibers
5.2.3 Other End Products
Application
5.3.1 Engineering Resins and Films
5.3.2 Industrial Yarns
5.3.3 Textiles and Carpets
5.3.4 Other Applications
End-user Industry
5.4.1 Automotive Industry
5.4.2 Carpet Industry
5.4.3 Textile Industry
5.4.4 Other End-user Industries
Geography
5.5.1 Asia-Pacific
5.5.1.1 China
5.5.1.2 India
5.5.1.3 Japan
5.5.1.4 South Korea
5.5.1.5 Rest of Asia-Pacific
5.5.2 North America
5.5.2.1 United States
5.5.2.2 Canada
5.5.2.3 Mexico
5.5.2.4 Rest of North America
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 United Kingdom
5.5.3.3 Italy
5.5.3.4 France
5.5.3.5 Rest of Europe
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle East & Africa
5.5.5.1 Saudi Arabia
5.5.5.2 South Africa
5.5.5.3 Rest of Middle East & Africa
Lignin Products Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 130 pages | Published: 10-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 130 pages
- Published: 10-06-2019
Market Overview
The market for lignin products is expected to witness a CAGR of 3.66% during the forecast period of 2019-2024. Major factors driving the market are the increased consumption of lignosulfonates in concrete admixtures and rising demand for animal feed. However, the existing gap between R&D activities and consumer products is likely to hinder the growth of the market studied.
The concrete admixtures application segment dominated the market in 2017 and is expected to grow during the forecast period due to the boost in construction activities in Europe and Asia-Pacific.
Increasing popularity for substituting fossil-based raw materials is anticipated to provide numerous opportunities over the forecast period.
Europe dominated the market with the largest consumption, but Asia-Pacific is likely to register the highest CAGR through the forecast period.
Key Market Trends
Increasing Need for High-quality Concrete Admixtures
Concrete admixtures enhance workability, compressive strength, durability, and resistance to chemicals while reducing water from the concrete. They provide benefits, such as effective placement of concrete in extreme weather conditions, reduced permeability, corrosion resistance, improved underwater placement of concrete, etc.
Thus, the consumption of admixtures is increasing in the construction industries, worldwide. These concrete admixtures are of different types, of which, lignosulfonates are lignin-based, and offer benefits, such as improved performance and concrete strength, reduced damages caused by acid rains and moisture, reduced concrete shrinkage, and increased final strength, among others.
Globally, Asia-Pacific has the largest construction market, which is led by India, China, and various other Southeast Asian countries. In India, the government initiated projects, such as 100 smart cities and Housing for All by 2022′, which are expected to drive the residential construction market immensely in India through the forecast period. The country has even experienced significant interest from foreign investors in its infrastructural sector.
In North America, the construction industry rose by around 5% in 2018, with residential construction leading the market at around 6% through 2018.
The construction industry in Europe is also growing at a steady rate and is expected to register an average growth of around 6% through 2020. Such positive growth in the construction sector is expected to increase the demand for high-quality concrete admixtures in the industry, thereby driving the market for lignin products.
Asia-Pacific to Dominate the Market Growth
Europe has the highest share, accounting for more than 42% of the global market, in 2017. However, Asia-Pacific is projected to register the fastest growth with a CAGR of 4.33% during the forecast period. With the surge in demand for concrete admixtures due to the growing construction activities in major countries, such as China, India, Japan, South Korea, and ASEAN countries, the consumption of lignosulfonates (used in concrete admixtures) is likely to increase during the forecast period. Furthermore, increasing usage of lignin products in various applications is anticipated to propel Asia-Pacific with the highest CAGR during the forecast period.
Competitive Landscape
The global lignin products market is consolidated and is dominated by one player, Borregaard LignoTech, which accounts for 40% of the entire production capacity, with numerous manufacturing plants across the world. The other prominent companies include Domsjö Fabriker (Aditya Birla Group), Nippon Paper Industries Co. Ltd, Ingevity, and Rayonier Advanced Materials, among others.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Stringent Regulations for Dust Control
4.1.2 Increasing Need for High-quality Concrete Admixtures
4.1.3 Rising Demand for Animal Feed
4.1.4 Increasing Use of Lignin in Dispersants
4.2 Restraints
4.2.1 Increasing Use of Lignin in Dispersants
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Raw Material Analysis
4.6 Price Trends
5 MARKET SEGMENTATION
5.1 Source
5.1.1 Cellulosic Ethanol
5.1.2 Kraft Pulping
5.1.3 Sulphite Pulping
5.2 Product Type
5.2.1 High-purity lignin
5.2.2 Kraft lignin
5.2.3 Ligno-sulphonates
5.2.4 Other Product Types
5.3 Application
5.3.1 Activated Carbon
5.3.2 Animal Feed
5.3.3 Carbon Fibers
5.3.4 Concrete Additives
5.3.5 Dispersants
5.3.6 Phenol & Derivatives
5.3.7 Plastics/Polymers
5.3.8 Resins
5.3.9 Vanillin
5.3.10 Other Applications
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 India
5.4.1.3 Japan
5.4.1.4 South Korea
5.4.1.5 Rest of Asia-Pacific
5.4.2 North America
5.4.2.1 United States
5.4.2.2 Canada
5.4.2.3 Rest of North America
5.4.3 Europe
5.4.3.1 Germany
5.4.3.2 United Kingdom
5.4.3.3 France
5.4.3.4 NORDIC Countries
5.4.3.5 Rest of Europe
5.4.4 Rest of World
5.4.4.1 Brazil
5.4.4.2 Saudi Arabia
5.4.4.3 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Asian Lignin Manufacturing Pvt. Ltd
6.4.2 Borregaard Lignotech (Borregaard)
6.4.3 Changzhou Shanfeng Chemical Industry Co. Ltd
6.4.4 Domsjo Fabriker (Aditya Birla Group)
6.4.5 Domtar Corporation
6.4.6 Greenvalue SA
6.4.7 Green Agrochem
6.4.8 Lignol (Fibria Cellulose SA)
6.4.9 Nippon Paper Industries Co. Ltd
6.4.10 Rayonier Advanced Materials
6.4.11 The Dallas Group Of America Inc.
6.4.12 Ingevity Corporation
6.4.13 Stora Enso
6.4.14 Wuhan East China Chemical Co. Ltd
6.4.15 Shenyang Xingzhenghe Chemical Co. Ltd
6.4.16 Borregaard LignoTech
6.4.17 Domsjo Fabriker (Aditya Birla Group)
6.4.18 Nippon Paper Industries Co. Ltd
6.4.19 Ingevity
6.4.20 Rayonier Advanced Materials
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Popularity for Substituting Fossil-based Raw Material
MARKET SEGMENTATION
Source
Cellulosic Ethanol
Kraft Pulping
Sulphite Pulping
Product Type
High-purity lignin
Kraft lignin
Ligno-sulphonates
Other Product Types
Application
Activated Carbon
Animal Feed
Carbon Fibers
Concrete Additives
Dispersants
Phenol & Derivatives
Plastics/Polymers
Resins
Vanillin
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
NORDIC Countries
Rest of Europe
Rest of World
Brazil
Saudi Arabia
Rest of the World
Niobium Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Unknown |
| Unknown | Published: Unknown |
- Chemical & Materials
- Mordor Intelligence
- pages
- Published:
Market Overview
The market for niobium is expected to witness a CAGR of 5.90 % during the forecast period of 2019-2024. Major factors driving the market are the increased consumption of niobium in structural steel and extensive utilization of niobium-based alloys in manufacturing aircraft engines. Niobium, being an abundant element with a small number of producers around the world, can hinder the growth of the market studied.
The construction industry dominated the market in 2017 and is expected to grow during the forecast period as niobium-based alloys are exceptionally meeting the challenges regarding fire resistance and seismic requirement of modern artistic construction.
Increasing demand for high strength and lightweight steel in oil & gas pipelines is likely to act as an opportunity in the future.
Asia-Pacific dominated the market with the largest consumption from countries, such as China and Japan.
Key Market Trends
Growing usage in the Automotive Industry
Lightweight materials and designs have been important concerns in the manufacturing of automobiles, where driving dynamics is a major factor.
Additionally, the emerging focus of governments across the world on minimizing carbon emissions and enhancing fuel economy (as per the Corporate Average Fuel Economy standards) of the vehicle has increased the importance of lightweight materials in the production of automobiles.
In the past couple of years, the automotive industry has been consistently focusing on vehicle weight, as it has a direct impact on driving dynamics, fuel consumption, and agility.
The shifting focus of automobile manufacturers toward the development of light-weight vehicles is becoming the biggest opportunity for growth in the niobium market.
The usage of niobium as a micro-alloy enhances the toughness and strength of steel, while also ensuring that the automobile body structure is light. At the same time, it also makes vehicles safe in the event of a collision. For instance, usage of about 300 gram of niobium in steel for a mid-size passenger car reduces the weight of the vehicle by approximately 200 kg, in turn, improving the fuel economy of the vehicle (1 liter per 200 km) and reducing exhaust emissions.
With the growing automotive industry, the consumption of niobium is projected to increase through the forecast period.
Asia-Pacific to Dominate the Market
Asia-Pacific dominated the global market in 2017. With accelerating usage in structural steels and growing usage in the automobile and aerospace industry in countries, such as China, India, and Japan, the consumption of niobium is increasing in the region. The consumption of niobium is very high in steel manufacturing in the form of ferroniobium, and the construction industry is thriving in several emerging economies, such as China and India, among others. The Chinese automotive manufacturing industry is the largest in the world. The automotive industry is growing steadily, with high production and demand for passenger cars. Further, the aviation industry is currently running 2,185 general aviation aircraft. Moreover, it is planning to have more than 5,000 aircraft and 500 airports by 2020. With the growing demand from various end-user industries in different countries, the demand for niobium is projecetd to increase at a high rate during the forecast period.
Competitive Landscape
The global niobium market is dominated by CBMM accounting for 84% of the market, which holds a monopoly over niobium supply. The other prominent companies include China Molybdenum Co. Ltd (CMOC International), NIOBEC (Magris Resources Company), Alkane Resources Ltd, and Grandview Materials, among others.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Accelerating usage in Structural Steels
4.1.2 Growing usage in Automotive Industry
4.1.3 Increase in Demand from the Chemical Industry
4.2 Restraints
4.2.1 Limited Supply Sources
4.3 Industry Value-chain Analysis
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
5 MARKET SEGMENTATION
5.1 Occurrence
5.1.1 Carbonatites and Associates
5.1.2 Columbite-Tantalite
5.2 Type
5.2.1 Ferroniobium
5.2.2 Niobium Oxide
5.2.3 Niobium Metal
5.2.4 Vacuum Grade Niobium Alloys
5.3 Application
5.3.1 Steel
5.3.2 Super Alloys
5.3.3 Superconducting Magnets
5.3.4 Capacitors
5.3.5 Glass
5.3.6 Other Applications
5.4 End-user Industry
5.4.1 Construction
5.4.2 Automotive
5.4.3 Aerospace and Defence
5.4.4 Oil and Gas
5.4.5 Other End-user Industries
5.5 Geography
5.5.1 Production Analysis
5.5.1.1 Brazil
5.5.1.2 Canada
5.5.1.3 Other Regions
5.5.2 Consumption Analysis
5.5.2.1 China
5.5.2.2 United States
5.5.2.3 Europe
5.5.2.4 Japan
5.5.2.5 India
5.5.2.6 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Admat Inc.
6.4.2 Alkane Resources Ltd
6.4.3 CBMM
6.4.4 China Molybdenum Co. Ltd
6.4.5 Changsha South Tantalum Niobium Co. Ltd
6.4.6 Dneprovsky Special Tubes Plant LLC
6.4.7 Grandview Materials
6.4.8 NIOBEC (Magris Resources Inc.)
6.4.9 NioCorp Developments Ltd
6.4.10 Shaanxi Getwick Nonferrous Metals Co. Ltd
6.4.11 Titanex GmbH
6.4.12 Zhuzhou Orient Kylin Special Metal Materials Co. Ltd
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Oil & Gas Pipeline Industry
7.2 Innovative Application Products to Gain Competitive Edge
MARKET SEGMENTATION
Occurrence
Carbonatites and Associates
Columbite-Tantalite
Type
Ferroniobium
Niobium Oxide
Niobium Metal
Vacuum Grade Niobium Alloys
Application
Steel
Super Alloys
Superconducting Magnets
Capacitors
Glass
Other Applications
End-user Industry
Construction
Automotive
Aerospace and Defence
Oil and Gas
Other End-user Industries
Geography
Production Analysis
Brazil
Canada
Other Regions
Consumption Analysis
China
United States
Europe
Japan
India
Rest of the World