Category: Chemical & Materials

Posted in Business, Chemical & Materials, News

How is the Shift from Conventional to New Automobile Assembly Techniques Driving Hot Melt Adhesives Market?

Posted on by Devanshu Shrivastava

At the present time, there is a surging need for making vehicles lightweight in order to increase their fuel efficiency. Because of this, there has been a shift in preference from traditional to new automotive assembly techniques. Conventionally, mechanical fasteners and welds, which provided increased strength and high performance, were utilized for bonding different parts of vehicles. However, now that the need for fuel-efficient vehicles had risen, manufacturers have started using lighter gauge metals, nonferrous metals, plastics, and coated steels for new vehicle designs. Attributed to this, the usage of holt melt adhesives for joining different automobile parts is rising.

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Hot melt adhesives, also known as hot glue, are thermoplastic adhesives applied using a hot glue gun. As per a report by P&S Intelligence, in 2017, the global hot melt adhesives market generated a revenue of $7,353.1 million and is projected to attain a value of $10,259.7 million in 2023, witnessing a 5.7% CAGR during the forecast period (2018–2023). Among all the regions, namely Asia-Pacific (APAC), Europe, North America, and Rest of the World, Europe created the largest demand for hot melt adhesives during 2013–2017; however, during 2022–2023, the APAC region is expected to create the highest requirement for these adhesives.

The different product types of hot melt adhesives are styrenic block copolymer (SBC), polyamide (PA), metallocene polyolefins (MPO), ethylene vinyl acetate (EVA), polyurethane (PU), amorphous polyalphaolefins (APAO), and polyester. The EVA category was the largest in demand during 2013–2017 and is further predicted to retain its position during the forecast period. This is attributed to the different advantages of this product, such as long shelf life, quicker setting time, and suitability in a range of temperatures. In addition, the expansion of the construction and automobile industries is also creating increasing demand for EVA. The fastest growth in demand is projected to be witnessed by the PU category in the coming years.

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When application is taken into consideration, the hot melt adhesives market is divided into diapers, footwear, automobile, bookbinding, packaging products, furniture, textile, electronics, and others (which include filter and floristry industry). Out of these, the largest demand for hot melt adhesives was created for the packaging products application during 2013–2017 and situation is expected to remain the same in the near future as well. The fastest growth in demand is predicted to be registered by the furniture application in the coming years, owing to the growing need for fulfilling the demand of the rising population in countries including Germany, China, and India. 

The rapid expansion of the packaging industry, which is occurring due to swift industrialization, is a key factor driving the requirement for hot melt adhesives. The rising purchasing power of individuals and changing consumption trend have resulted in the development of varied and eco-friendly products. The developing countries, primarily, are extensively making use of hot melt adhesives in packaging and automotive industries. The growing spending power in countries including Indonesia, China, and India has led to an increase in demand for various products such as electronics, clothes, and footwear, all of which use hot melt adhesives in different applications.

Posted in Chemical & Materials

Growing Focus of Manufacturers on Brand Protection Driving Anti-Counterfeit Packaging Market

Posted on by Devanshu Shrivastava

In 2017, the global anti-counterfeit packaging market generated a revenue of $114.4 billion and is predicted to attain $208.4 billion in 2023, registering a CAGR of 10.9% during the forecast period (2018–2023). The market is witnessing growth due to the rising focus of manufacturers on brand protection and expansion of counterfeit industry. Counterfeiting is the unauthorized reproductions of a trademarks brand which are identical to genuine products. In order to avoid counterfeiting of products secure packaging is required. Anti-counterfeiting packaging is the process of securely packaging products for minimizing counterfeiting and infringement.

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When technology is taken into consideration, the anti-counterfeiting packaging market is categorized into overt, track & trace, covert, and forensic. Out of these, the track & trace category is projected to witness the fastest CAGR of 11.3% during the forecast period as manufacturers have started tracing and tracking their shipments in order to avoid any complications in the supply chain. With this technology, the users are allowed to assign unique identities to products during their manufacturing, which aids in tracing the product later in the supply chain. 

Among all the regions, namely Europe, Central & South America (CSA), Asia-Pacific (APAC), North America, and Middle East and Africa (MEA), North America accounted for more than 40.0% share of the anti-counterfeiting packaging market in 2017 and is further projected to dominate the market during the forecast period. This is due to the presence of a strong base of food & beverage, pharmaceutical, and consumer good manufacturing companies in the region. In addition to this, the governments in the region are also taking several initiatives for protecting users from counterfeit products.

In terms of application, the anti-counterfeiting packaging market is divided into food & beverage, clothing & apparel, pharmaceuticals & healthcare, and others. Among these, the pharmaceutical & healthcare division dominated the market during the historical period (2013–2017), with a share of more than 25.0% in 2017, and is expected to retain its position during the forecast period. The reason for this is the growing pharmaceutical production and increasing concerns regarding health. In addition to this, pharmaceutical counterfeiting is on the rise across the globe, which is why manufacturers are opting for anti-counterfeiting packaging.

Posted in Business, Chemical & Materials

What are the key strategies adopted by the major players to expand Surgical Glue market share?

Posted on by Devanshu Shrivastava

The increasing healthcare expenditure, surging geriatric population, and escalating popularity of plastic surgeries are some of the factors driving the growth of the surgical glue market. In 2017, the market generated a revenue of $3,810.5 million, and it is predicted to attain a size of $6,936.5 million by 2023, progressing at a CAGR of 10.6% during 2018–2023 (forecast period). Surgical glue refers to a synthetic or biological material used after traumatic injuries and surgeries to prevent liquid or air leakage in wounds.

Based on type, the surgical glue market is classified into fibrin sealant, collagen-based compound, cyanoacrylate, hydrogel, and glutaraldehyde. Out of these, in 2017, the fibrin sealant classification held the largest revenue share of more than 45.0% in the market, and it is expected to continue leading it during the forecast period. This dominance is ascribed to the rising adoption of fibrin sealant and related products for a variety of applications and its natural origin; it is extracted from animal or human blood cells, thus is more compatible with humans.

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On the basis of end user, the surgical glue market is broadly categorized into hospitals and clinics. Of these, in 2017, the hospital category dominated the market with a revenue contribution of more than 80.0%, and it is anticipated to maintain its lead during the forecast period. This is attributed to the intricate major surgeries, including pulmonary, vascular, and cardiac, which are mainly performed in hospitals, as these healthcare centers can best provide patients undergoing such procedures with the high level of care they require over several days.

In addition, the worldwide population is exhibiting an increasing life expectancy and a fall in the birth rate, resulting in a surge in the geriatric population. Aged people, due to their low immunity levels, are more prone to infections during postsurgical procedures, therefore, there are high chances of repeated surgeries, which in turn, escalate the use of surgical glue. Yet another factor leading to the growth of the surgical glue market is the rise in the number of burn cases as burn wound treatment often involves the use of surgical glue.

One of the basic requirements of every human for mental, physical, and social wellness is healthcare service. These days, people from both developed and developing countries are spending heavily on healthcare services on account of the rising health concerns and growing disposable income. As per the Centers for Disease Control and Prevention, in 2015, the overall national healthcare spending in the U.S. was $3.2 trillion and the per capita national health spending was $9,990 per person.

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Also among the procedures performed at healthcare centers are plastic surgeries for the reconstruction, restoration, alteration or modification of the human body. These surgeries are rapidly becoming popular due to the increasing disposable income, surging consumer awareness, and advancements in surgical technologies. As per the American Society for Aesthetic Plastic Surgery, in 2016, Americans spent over $16.0 billion on non-surgical and surgical cosmetic procedures. Surgical procedures accounted for 56.0% and non-surgical procedures 44.0% of the overall cosmetic procedures performed in the country that year.

Hence, surging aging population, increasing healthcare expenditure, and rising number of surgery are the factors behind the progress of the surgical glue market.

Posted in Business, Chemical & Materials, News

How is Meta-Xylene Market Being Driven by Surging Demand for Paints and Coatings?

Posted on by Devanshu Shrivastava

The demand for paints and coatings in the construction industry is increasing. In fact, the construction industry itself is witnessing rapid growth in various countries, such as India, the U.S., China, and Eastern European countries. For example, the construction activities in China and Europe grew by 10.0% and 3.5%, respectively, in 2017, as compared to the previous year. This is due to the rising investments in the infrastructure projects and surging need for housing because of the rapidly increasing population. To cater to these needs, large-scale construction projects, such as apartments, civic infrastructure, hotels, offices, and retail centers, are under execution. As a result of all this, the requirement for paints and coatings is also rising, which, in turn, is leading to the surging demand for meta-xylene (m-xylene).

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Xylene is a colorless, volatile liquid hydrocarbon, which is obtained from coal, wood, and petroleum. M-xylene, an isomer of para-xylene and ortho-xylene, is an aromatic hydrocarbon, which has two methyl substituents attached at the meta positions of the benzene ring. In 2017, the global m-xylene market generated a revenue of $1,036.6 million and is expected to attain $1,341.7 million, advancing at a 4.4% CAGR, in the near future. M-xylene is used in the production of 2,4-xylidine and 2,6-xylidine and isophthalic acid. It is also used as a solvent in varnishes, paints and coatings, household products, such as aerosol lacquers, and aviation fuel. Other applications of m-xylene include chemical synthesis, production of 2,4-dimethylbenzophenone, and its utilization as intermediates in dyes and resins. Out of all these applications, m-xylene was used the most for the production of isophthalic acid during 2013–2017; this was attributed to the increased demand for isophthalic acid.

Isophthalic acid, an organic compound, is an isomer of phthalic acid and terephthalic acid, utilized in a large number of applications, including the production of inks, reinforced plastics, alkyd resins, and unsaturated polyester resins. Automobile production, electrical and electronics manufacturing, packaging products, and building and construction activities, all require plastic in huge amounts. As per the GRID-Arendal, a United Nations-affiliated organization, in 2017, about 400.0 million tons of plastic was produced. This large requirement for plastic cannot be fulfilled without making the use of isophthalic acid, resulting in its increasing consumption. This is further driving the demand for m-xylene, because it is used as a primary raw material for the production of isophthalic acid.     

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Apart from paints and coatings, m-xylene is also used extensively in adhesives and sealants. Because of their rising consumption in the end-use industries, such as footwear, electronics, and automotive, the need for sealants and adhesives has been growing. In the automotive industry, these products are utilized for laminating and bonding interior components of automobiles. Besides this, the footwear industry makes use of adhesives and sealants for preparing, assembling, and bonding soles. These industries are witnessing significant growth, which is resulting in the increasing requirement for adhesives and sealants. All these factors, in turn, are leading to surging demand for m-xylene, as it is used as a raw material for the production of sealants and adhesives.

Posted in Business, Chemical & Materials, News

How is Agricultural Adjuvants Market Being Driven by Increasing Population?

Posted on by Devanshu Shrivastava

The investments in the global agriculture sector are rising rapidly, which will lead to its swift expansion. These investments are predicted to come from non-profit global organizations, agrochemical conglomerates, venture capitalists, and inter-governmental agencies. As per the Organisation for Economic Co-operation and Development, in terms of disbursements, the global development flows rose from $7.8 billion in 2010 to about $9.4 billion in 2016. Similarly, several other investments have been made in the agriculture sector, some specifically for farm robotics, supply chain technologies, novel farming systems, farm management, and farm agrochemicals. These investments are projected to reduce production costs, increase average income of farmers, and improve logistics. These factors will result in the expansion of the agriculture industry, and as the industry makes large-scale use of agricultural adjuvants, their demand will rise as well.

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Agricultural adjuvants are substances which are used to enhance the performance and properties of a pesticide formulation. These substances are added to insecticides, herbicides, fungicides, and other pesticide formulations, which include bactericides. As per a study by P&S Intelligence, in 2017, the global agricultural adjuvants market reached a value of $2,777.6 million and is expected to generate $3,778.9 million, registering a 5.3% CAGR, in the near future. Agricultural adjuvants function as utility adjuvants and activator adjuvants. Utility adjuvants help alter the physical properties of pesticides in order to enhance their compatibility with plants, reduce their interaction with water ions, and increase their drift and deposition on the plant surface, along with preventing or reducing foaming, causing coloration, and forming buffer. Activator adjuvants improve the effectiveness of pesticides by increasing their wettability and dispersion, improving penetration in plants, and reducing surface tension. Among these two, the larger demand was created for the activator adjuvants during the time period 2013-2017.

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The population across the world is rising swiftly, and as a result, the demand for food is also growing. As per the United Nations Department of Economic and Social Affairs, the global population is projected to reach 9.8 billion by 2050 from 7.6 billion in 2017. This additional population will create a huge demand for cash crops, food crops, and horticulture crops in the near future. In order to cater to these needs, there is an increased requirement for agrochemicals to improve the yield. A major obstacle in achieving this is the shrinking of cultivable land due to the rising migration and growing population. Hence, there is a growing need for increasing the productivity of cultivable area, which can be done through the utilization of agricultural adjuvants.

At the present time, there is also a surging need for environment-friendly agricultural adjuvants, which is why the preference from chemically synthesized adjuvants in shifting. Generally, adjuvants are synthesized chemically from derivatives of sulfonates, amines, and alkoxylates. However, various studies conducted in relation to these chemicals revealed their non-environmental-friendly nature and toxicological profile. Moreover, majority of these agrochemicals have been identified as phytotoxic in nature, which can be a potential threat to the food chain in case of absorption by the roots, soil, and seeds. Due to this, the synthesis of biodegradable, environment-friendly, and non-toxic adjuvants is being emphasized upon by the recent advancements in adjuvant development.  

Posted in Business, Chemical & Materials, News

Know Huge Business Opportunities in India Mold Release Market Analysis, Growth Impact and Demand Forecast

Posted on by Devanshu Shrivastava

In 2018, the Indian mold release agents market generated a revenue of $114.6 million and is projected reach a value of $153.9 million in 2024, advancing at a 5.2% CAGR during the forecast period (2019–2024). The market is registering growth due to the expanding construction industry and rising demand for die casting for manufacturing automotive components. A chemical utilized as a coating to prevent materials from sticking to surfaces is referred to as mold release agent. These agents act as a barrier between the molding surface and the substrate.

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When type is considered, the Indian mold release agents market is categorized into solvent-based, water-based, and others (which includes release agents in the form of granules and powder). The largest share of the market was held by the water-based mold release agents during the historical period (2014–2018). The reason for this is that water-based release agents contain minimal amount of volatile organic compounds (VOC), carcinogens, and mutagens unlike solvent-based mold release agents. Stringent regulations regarding VOC emissions are predicted to be implemented in the near future due to the rising environmental concerns.   

In terms of application, the Indian mold release agents market is divided into wood and fiber composites, uncured rubber, tire, die casting (ferrous and non-ferrous), polyurethane processing, concrete, rubber and other elastomers, plastic, and others. Out of these, the polyurethane processing application held the largest share (24.6%) of the market in 2018, in terms of volume. This is because of the increasing requirement for polyurethane-based components from various industries, including construction, automotive, and footwear. In terms of volume, the concrete application is projected to register the fastest growth during the forecast period.   

A key driving factor of the Indian mold release agents market is the growing construction industry in the country. The advancements in the Indian construction industry are occurring due to the rising disposable income, rapid migration to urban cities, and macroeconomic growth. In order to cater to the growing inflow of people, the investments in the commercial and residential construction sector are increasing. Since mold release agents are utilized in the construction industry for preventing the adhesion of concrete bricks to their forming molds, their demand is also rising.

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Another major driver of the Indian mold release agents market is the growing demand for die casting for the manufacturing of automotive components. These agents are used in the die casting process to prevent the adhesion of the component to the mold. The various parts of automobiles, such as wheels, cylinder heads, engine parts, valve covers, carburetors, handle bars, and pistons, are manufactured by the die casting process. The automobile production is rising because of the growing adoption of electric vehicles, which will lead to the increasing demand for mold release agents.

The strong growth potential of the electrical & electronics industry is creating a huge opportunity for the players operating in the Indian mold release agents market. The electrical & electronics industry has been expanding considerably in the country because of the rising requirement for electronic products due to the increasing disposable income, growth in supporting infrastructure and logistics, and favorable government policies. This is projected to drive the market as mold release agents are required for the production of a large number of electronic components, including keypads, electronic machine covers, keyboards, and white good interiors.   

Hence, the market is witnessing significant growth due to the increasing demand for die casting for manufacturing automotive components and growing construction industry.

Posted in Business, Chemical & Materials, News

How Growing Popularity of District Heating & Cooling Systems is Contributing to Pre-Insulated Pipes Market Growth?

Posted on by Devanshu Shrivastava

Owing to the robust global economy and the growing need for stronger cooling and heating solutions in some regions, the demand for energy grew by 2.3% last year, as suggested by the International Energy Agency (IEA) data. The demand for all fuels increased, and about 70% of the energy demand was met by fossil fuels, which resulted in the rise of the global energy-related CO2 emissions by 1.7% to 33 gigatonnes (Gt) in 2018. Among all the different types of energies, electricity continues to be the fuel of the future, with the demand for it increasing by 4% in 2018 to over 23,000 terawatt hours.

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Therefore, to curb electricity usage and CO2 emissions, the need for constructing energy-efficient buildings is becoming more dire. Nearly zero-energy buildings (NZEBs), a way of limiting the energy consumption, are being tested in many countries for practical use. An NZEB is a building with zero net energy consumption, meaning it depends solely on the renewable energy that is created on the site. As the motive behind these buildings is to use energy judiciously, pre-insulated pipes are being used in constructing them, as they reduce energy loss, facilitate fluid transportation, and improve the operational efficiency of power systems. These factors are expected to lead the pre-insulated pipes market to $9,597.9 million valuation in the coming years, at a 9.7% CAGR, as per a P&S Intelligence study.

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Insulated pipes, also known as pre-insulated pipes, consist of a carrier pipe, an insulation layer, and an outer casing. These pipes are used for both cooling and heating applications and for maintaining the temperature of fluids during their transportation. Oil & gas, district heating & cooling (DHC), and utilities are the largest application areas of pre-insulated pipes. From 2014 to 2018, pre-insulated pipes were most extensively used in DHC systems due to the increasing supportive measures, such as low-interest loans, grants, subsidies, and tax breaks by the government of various countries to popularize DHC systems. Further, in the coming years, the integration of artificial intelligence and internet of things with these systems is expected to add to the demand for these, which would continue being the biggest consumers of pre-insulated pipes.

Pre-insulated pipes are used for residential, commercial, and industrial purposes. Owing to the high requirement for transporting fluids in industrial facilities and installations, the highest demand for pre-insulated pipes during 2014–2018 was generated by industrial end users. The demand for pre-insulated pipes is set to rise the fastest from the residential sector in the coming time, as governments are offering financial incentives to residential customers to adopt DHC systems and reduce their carbon footprint.

Posted in Business, Chemical & Materials, News

What are the historical size and the present size of the Silane Market segments and their future potential?

Posted on by Devanshu Shrivastava

The expanding automotive and construction domains are contributing to the growth of the silane sector. Advantages of silane include UV resistance, chemical and water resistance, and superior adhesion. The limitations of conventional paints and coatings are overcome using silane, as it acts as a pigment-treating, crosslinking agent, and adhesion promoter. This is why the automotive and construction domains are preferring silane-treated paints and coatings over traditional ones.

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Water-based coatings are increasingly being bought by end users as these last longer in poorly ventilated areas and confined spaces and also because of their environmental-friendly nature, which is why these are preferred in the printing domain. Apart from paints and coatings, silane is also used extensively in the production of rubber that is used in manufacturing tires. Silane-fortified rubber offers reduced fuel consumption, and superior traction and longevity. Therefore, the silane sector is expected to grow owing to the increasing use of silane-based products in various end-use domains.

Paints and coatings dominated the silane market in 2017, with more than 30.0% volume share. Silane is widely used as a raw material in the production of anti-corrosion coatings. These coatings are used in buildings, automobiles, industrial machinery, and electronics. Hence, the growing usage of paints and coatings in these industries is expected to boost the silane market growth in the coming years.

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Globally, APAC held the largest share in the silane market during the historical period, contributing more than 50.0% share in terms of volume in 2017. The market in the region is expected to grow at a significant rate in the coming years, on account of the presence of fast-growing economies such as China, India, and Japan, which are generating high demand for the chemical for the manufacturing of paints and coatings, and rubber and plastics. The silane market in the region is also expected to grow on account of the increased demand for the chemical in the automotive and construction industries.

Countries such as China, India, and Indonesia have witnessed rapid economic transformation in the past few decades. The rising standard of living in these developing countries is well complemented by the growth of construction and automotive industries. Since these industries are major end users of paints and coatings, they contribute to the demand for silane, as it is a key raw material used in the production of paints and coatings. Hence, developing countries are offering ample growth opportunities to the players in the silane market.

Posted in Business, Chemical & Materials, News

Can Coating Market Prediction by 2023 – Worldwide Top Players Analysis, Demand and Trends in 2019

Posted on by Devanshu Shrivastava

The can coatings market is growing across the world due to the expanding food and beverages industry, and the fact that cans can be easily recycled. P&S Intelligence calculated the revenue generated by the sales of such materials in 2017 as $2,100.6 million and predicted its 2023 revenue to be $2,588.9 million, growing at a 3.5% CAGR during the forecast period 2018–2023. The coatings are applied on the exterior or interior of aluminum or tin cans to protect these from environmental forces as well as corrosion from the contents inside. 

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Polyester, acrylic, epoxy, and others are the various categories under the material segment of the market. Among these, the epoxy category led the can coatings market in 2017 with over 55.0% revenue share, as these provide the metal with resistance against high temperature, corrosion, chemicals, solvents, and staining. Further, these also help in increasing the shelf life of the food or beverage inside. This further supports the finding that of the two types of coatings available — interior and exterior — the interior type led the market in 2017 with over 55.0% revenue share.

Beverage cans, food cans, aerosol cans, general line cans, and others are the various applications of can coatings. Of these, the sale of such coatings for beverage cans contributed over 65.0% of the total can coatings market revenue in 2017. Cans are preferred for the packaging of beverages as these are aesthetically appealing, lightweight, unbreakable, easy to carry, and recyclable. Talking of the recyclability factor, aluminum cans are recyclable in their entirety! 

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Further, the cost incurred and energy consumed in recycling these are a lot less than that for obtaining raw aluminum from a bauxite ore and then processing it. Similarly, cans made from tin can also be recycled without degradation in the metal quality. As per the Aluminum Association, almost $1000 million worth of cans are disposed each year in the U.S., of which over 67.0% are recycled and reused as rain gutters, new cans, beams, window frames, and bicycles.

Another reason, perhaps the more significant one, behind the steady growth of the can coatings market is the expansion of the food and beverages industry as a result of increasing disposable income, population, government regulations, and awareness among people about their health. Beers, soft drinks, flavored milk, meats, mushrooms, health drinks, and corn are just some of the large number of eatables packaged in cans. Further, several ready-to-eat food products are packaged in cans, further increasing the demand for coatings.

Posted in Business, Chemical & Materials, News

What are the historical size and the present size of the Industrial Lubricants Market segments and their future potential?

Posted on by Devanshu Shrivastava

As per the market study by the Department of Fashion and Apparel Studies, University of Delaware, the global market for textile mills attained a value of more than $700.0 billion in 2017. This rapid expansion of the textile industry is because of the quickly changing fashion trends and growing income levels. Due to these factors, the requirement for apparel is increasing at a fast pace, which is further resulting in the setting up of new textile mills across the world. 


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The machines used at these mills for weaving need to be free of friction, static electricity, and corrosion. Various machine components, such as roller bearings, chains, gears, and adjusting spindles, need to function properly for the smooth running of the mill. To ensure that this happens, the textile industries uses industrial lubricants to protect the machines and their components from detrimental effects.

On the most basic level, industrial lubricants can be defined as substances, generally oils, fluids, and greases, which are used to protect materials from wearing and tearing by reducing friction and the binding of materials. Apart from this, they are also used to lessen the electrical resistivity while simultaneously increasing thermal conductivity. 


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The production base for industrial lubricants is expanding quickly in the Asia-Pacific (APAC) region. For example, PETRONAS announced in 2017 its decision to invest $150.0 million for producing 110.0 million liters of lubricants, which include industrial lubricants, by 2019, near Mumbai, India. Apart from the increasing production of industrial lubricants in APAC by regional firms, the key companies, based outside, are shifting their production bases to the region, which has enhanced the sales of industrial lubricants. This trend has strengthened the supply chain of various end-use industries located in the APAC region. Hence, the growth of the petrochemical sector in the region is resulting in the increasing production of industrial lubricants.

In addition, these lubricants are widely preferred for equipment and machinery as they prevent damage in both the inner and outer surfaces of the components. There are various types of products available in the industrial lubricants market, including metalworking fluid, and general, process, and engine oils. In 2016, out of these, the process oil category held more than 30.0% share in terms of volume in the market. Process oil is a special type of oil, which is widely used in the chemical and technical sectors.