The High Density Racks Market To Grow On An Unabated Note In The Forecast Period 2016-2026

 High Density Racks Market: Introduction

Number of data centers are growing rapidly to meet the increasing demands from business process to handle complex analytics and storage requirements. These data centers requires the use of power modules of varied power densities. Low density power racks means less computing power per square foot or rack, which also adds to the operating cost as need for data center expansion increases. High-density data centers are primarily those where power to the raised floor and the computing equipment exceeds 150 watts per sq. ft. over the entire raised floor or the amount of energy needed is higher than 10 kW per rack. At this point, conventional data centers embark significant limitations.

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High Density Racks Market: Dynamics

Need for efficiency coupled with demand for compact equipment is primarily increasing the adoption of High Density Racks.  Further, rising demand for operations related to data center & increasing investment in data center equipment are the major factor boosting the growth of global high density racks market.

However, increase in the cost of cooling and high energy cost are the major factor restraining the growth of high density racks & thus hampering the global high density racks market. High performance computing (HPC) environments such as Oil and Gas industry to manage and analyze the extreme levels of computing involved with seismic processing are primarily adopting high density power racks.

High Density Racks Market: Segmentation

basis of type	Drive-in rack Drive-through rack
basis of cooling	Refrigerant Water Direct expansion Air flow
basis of end-use	Distribution centers Warehouses Food processing plants Big-box retail outlets Data Center

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High Density Racks Market: Regional Outlook

Global high density racks market is segmented into seven key regions namely North America, Latin America, Asia-Pacific excluding Japan, Middle-East & Africa, Western Europe, Eastern Europe and Japan. North America accounted for maximum share in the global high density racks market. Emerging economies such as India & China are expected to drive the high density racks market primarily due to increasing investments in several sectors such as banking, telecom & insurance  and others requiring data centers to support new projects in the region.

High Density Racks Market: Key Players

Some of the major players identified across High Density Rack market includes Ridg-U-Rak, Emerson Electric Co., Eaton, AK Material Handling Systems, VALERACK, Hewlwtt Packard Enterprise Development LP, HUAWEI Technologies CO LTD., Belden Inc., Redirack Storage Systems and Storax Limited.

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The Water Quality Monitoring Equipment Market To Explode Between 2016-2026

 Water Quality Monitoring Equipment Market: Introduction

Access to safe drinking water is quintessential to sustain life and a satisfactory supply of it must be available to all. As defined by WHO safe drinking water doesn’t represent any significant risk to health over lifetime of consumption. Water quality is of prime importance owing to its ubiquitous nature including in food preparation and personal hygiene. In addition, higher quality of water is required for special purpose such as renal dialysis, medical surgeries, contact lenses and pharmaceutical operation. Water contaminants are either suspended,can be screened using physical process or are dissolved which require water treatment through chemical and other methods. Suspended impurities or solids include particles of varying size due to which there is visible turbidity in the water. Soluble impurities not evidently visible alter the properties of water and are thus are more harmful contaminant such as chemicals, microorganism and other radiological impurities tend to make water unsafe for use. Consumption of any impurities suspended or dissolved beyond capacity may lead to serious health issues and in extreme circumstance may prove fatal. Therefore it is crucial to monitor the quality of water and hence arises a strong need of Water quality monitoring equipment.

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The rising consumption of water for industrial or for domestic purposes has instigated a high demand of water quality monitoring devices. A worldwide initiative launched by WHO and International organizations aims at reducing health problem throughout the globe by introducing programs focusing on hygiene, food, water and shelter.

Malnutrition and scarcity of nutrients in emerging countries of Middle East and Africa and Asia Pacific has raised serious concerns because of which the demand of water quality monitoring in these regions has risen significantly. The raising concern over the health in urban regions has also boosted the water quality monitoring equipment market.

Not only limited to general use, water quality monitoring equipment also finds its extensive use in chemical and pharmaceutical manufacturing. Properties such as turbidity, alkalinity, basicity and presence of other chemical in waters is of prime importance to industries to get desired chemical or product failure of which can be disastrous.

Laboratories studying aquatic life employ significant use of water quality monitoring equipment. The demand for water quality monitoring equipment is anticipated to increase multifold owing to extensive need in various industries and for general purpose use. The market for water quality monitoring equipment is restrained by the price of equipment.

Water Quality Monitoring Equipment Market: Segmentation

basis of product type	portable handheld bench-top
basis of application	industrial environmental laboratory government
By product	testing analysis
basis of geography	North America Latin America Western Europe Eastern Europe AEPJ Japan Middle East and Africa

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North America and Western Europe dominate the water monitoring market in terms of demand. The high demand in these regions is attributed to high demand in industrial segment.The region is anticipated to grow significantly during the forecast years. The region of Middle East and Africa, APEJ and Japan are anticipated to register the highest growth owing to rising health concern and developing industrial sector. Followed by APEJ, Latin America and Eastern Europe are expected to follow exhibiting strong growth during the forecast.

Some of the General Electric Company, LaMotte Company, In-Situ, Horiba, HACH, Honeywell International Inc., Thermo Fisher Scientific, Danaher Corporation, Emerson Electric Co. Mettler-Toledo International Inc. and Shimadzu Corporation among others.

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Paint Spraying Equipment Market To Witness A Geometric Progression Between 2016-2026

 Paint Spraying Equipment Market: Introduction

Paint spraying equipment are mechanical devices that evenly coat a large surface with paint or other protective coating in lesser time than brush and rollers. Paints sprayer are not only used for painting woods but also many other products such as brick and metals. These equipement are also used in painting of various OEMs such as automobile and refrigerators.

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Paint Spraying Equipment Market: Dynamics

Construction sector output, manufacturing industry output, construction industry spending and urbanization trend are some of the macro-economic drivers for the paint spraying equipment market. Increasing passenger car penetration in the developing countries such as China and India, aided by the growing personal income rate is expected to spur the demand for paint spraying equipment from automobile industry.

Middle East and Africa construction industry has represented substantial growth in past few years and likely to continue the trend during the forecasted period as well, resulting in the increasing demand for paint spraying equipment market in the region. However there are few challenges paint spraying equipment market is facing: cleaning of the equipment involves lot of effort, good sprayer could be expensive, which if not utilized for more than twice could be poor deal for customers, so for small jobs brushers and rollers are  better option. High pressure spraying equipment could be dangerous for the users.

Paint Spraying Equipment Market: Segmentation

basis of product type	Conventional Sprayers High Volume Low Pressure Sprayers Airless Sprayers Others
basis of application	Light Commercial Heavy Commercial Moderate Commercial General Metal Finishing Wood Finishing Plastic Finishing Others

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Paint Spraying Equipment Market: Regional Outlook

Asia – Pacific region owing to the fast growing automotive industry and infrastructure in developing countries such as India, China and South Korea is expected to show a significant growth in the paint spraying equipment market. With rapid technological advancement paint spraying equipment market is expected to represent substantial growth at a significant CAGR during the forecast period.

Paint Spraying Equipment Market: Key Players

Some of the players in the market we identified includes, Graco Inc, Hi Tec Spray, 3M, Binks, Exel Industries, SATA GmbH & Co, Oliver Technologies, and Fuji Industrial Spray Equipment Ltd.

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Automotive Antenna Module Market Development

 Automotive Antenna Module Market: Introduction

With the rapid development in technology in almost every field, cellular connectivity has been one of the necessary aspects. It is observed that innovations in vehicles have increased the demand of driving pleasure with the navigation features embedded to improve passenger safety. Thus, to avail such traits, automotive manufacturers are inclined towards adopting cellular connectivity in vehicle according to different frequencies required by each communication channel. Therefore, such integration of cellular connectivity offers significant opportunities for automotive antenna module market over the forecast period. Being an unavoidable part of wireless communication, automotive antenna modules are communiqué devices to serve a number of purposes in a vehicle such as FM/AM radio, satellite/digital radio, data exchange via Bluetooth or Wi-Fi access systems, global positioning, navigation, phone pairing or connectivity and safety.

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Automotive Antenna Module Market: Dynamics

One of the most dynamic factors for the growth of automobile antenna module market is the wireless connectivity integrated in the passenger vehicles around world. It is a reliable technology to offer connectivity for the cars. Such adoption of innovative technologies for the passenger cars is expected to drive automotive antenna module market in near future.

Other features provided by cellular connectivity such as safety application, entertainment features, remote diagnostic solutions and ECU (Electronic Control Unit) software management have led the automotive antenna module market to grab opportunities for accounting remarkable market share globally.

Also with the rising importance over safety of drivers, many governments all over the world are focusing towards adopting safety features and reduce fatality rate. Thus initiatives taken by European Government, eCall deployment in coming years is expected to drive automotive antenna module market which will increase the implementation of wireless connectivity and related other automobile features as an obligatory service for severe accident cases.

However, at present manufacturers are using network technologies (4G LTE-A, 4G LTE, 3G, 5G) for connectivity amenities in vehicles, which radiates horizontally. Whereas, automotive antenna module emits polarized radiation in circular direction, thus it appears to be a major challenge for manufacturers to overcome such problems that may obstruct the growth of automotive antenna module market.

Automotive Antenna Module Market: Segmentation

End user	Aftermarket OEM (Original Equipment Manufacturer)
Vehicle type	Commercial Vehicles Passenger Cars
Frequency range	Low range Medium range High range

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Automotive Antenna Module Market: Regional Outlook

In terms of geographic divisions, the Americas is expected to account for major share in automotive antenna module market over the forecast period. It is chiefly attributed due to the amplified adoption of luxury and premium cars by baby boomers in this region. With the launch of electric vehicles in the luxury car segment is also anticipated to accelerate the demand for automotive antenna modules market during the forecast period.

The emerging economies such as India is expected to show sturdy growth in automotive antenna module market with its IRNSS for navigation systems as demand for passengers car is growing continuously.

Similarly, satellite tracking named as ERA-GLONASS by Russia in up-coming cars from 2017 is expected to be mandated for alike eCall service deployed in 2013.  Such developments in automobiles is expected to impact automotive antenna module market positively during the forecast period.

Automotive Antenna Module Market: Key Players

Examples of some of the players in automotive antenna module market are listed below:

• SCHAFFNER HOLDING AG
• HARADA INDUSTRY CO., LTD
• Continental AG
• LAIRD
• Kymeta Corporation
• Hirschmann Car Communication
• KATHREIN-Werke KG
• Amphenol T&M Antennas
• ANTONICS – ICP GmbH
• Delphi Automotive LLP
• u-blox

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Related Reports:

• Electric Bikes Market

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• Commercial Aircraft Market

The commercial aircraft market is projected to witness a modest CAGR of 4.1% for the period from 2017 to 2022.

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Aircraft Seating Market to Make Great Impact in Near Future by 2025

 Aircraft Seating Market: Introduction

Over the last few years, the airline industry is the most lucrative market driven by lower oil prices. Moreover, the rise of global economy coupled with an increase in disposable income, people are preferring air transport for the domestic as well as international tour to save travel time. In aircraft, seats are the most prominent part of the cabin that defines the class of service passenger would be avail with during travel. The specific type of seats in the aircraft is determined by air traffic. The aircraft seats are equipped with various basic amenities such as such as pocket which many contain safety instruction, magazines, and trays. Depending on cabin configuration to enhance passenger comfortability they are benefited with advanced amenities such as wider seats, extra leg room, individual power ports, additional seat recline, and others. Aircraft seats are designed to be lightweight, fire resistance, high strength & stiffness, insulated material, high durability, repairability, and others with an aim to offer passenger safety measures.

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Aircraft Seating Market: Dynamics

Aircraft seating market is witnessing maximum growth owing to expanding passenger air traffic, growing airline industry worldwide, advanced technologies, retrofit aircraft seats, the surge in demand for customized fighter aircraft ejector seats, and helicopter seats.

Moreover, growing tourism industry, new player enters, decrease in oil price lead to enhance airline industry, mergers & acquisitions, expanding custom innovation, and growing demand for light weight aircraft seats with low maintenance cost and high durability are some of the factors that can boost the demand for aircraft seating over the forecast period.

Aircraft Seating Market: Segmentation

Based on aircraft type	Wide Body Aircraft (WBA) Narrow Body Aircraft (NBA) Very large Aircraft (VLA) Regional Transport Aircraft (RTA)
Based on seat class type	Economy Class Premium Economy Class Business Class First Class
Based on fit type	Retrofit Line Fit
Based on component	Seat Actuators Foams& Fittings Others

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Aircraft Seating Market: Regional Outlook

Depending on the geographic region, aircraft seating market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. North America dominates the Aircraft Seating market followed by Europe, and Japan owing to high demand for air transportation, international air traffic, flight frequency coupled with high per capita income of the individual.

Asia Pacific, Middle East, and Africa hold huge potential and shows substantial growth in terms of increasing modernization of aircraft seats, expanding disposable income, rise in aircraft demand, increase in number of direct airport connections lead to time-saving for passengers, and rapidly surge in the establishment of international aerospace companies in these regions due to skilled labor force are some of the factors which strengthen the growth of aircraft seating market throughout the forecast period.

Aircraft Seating Market: Key Players

Some players of aircraft seating market are Zodiac Aerospace, ZIM Flugsitz GmbH, B/E Aerospace, Inc., RECARO Aircraft Seating GmbH & Co. KG, Aviointeriors S.p.A., Acro Aircraft Seating, Thompson Aero Seating Ltd., and others.

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The Purified Terephthalic Acid Market to focus on organic expansion between 2021 and 2031

 Now-a-days, latest technologies like AI, machine learning and IoT are playing huge role in the chemical industry leading to cost-effective and streamlined manufacturing processes. Persistence Market Research (PMR) has covered all these tech advances in its latest analysis and market outlook.

Market Overview
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fibre. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in China. Furthermore, the country is emerging as a global textile manufacturing hub with low-cost labor further driving the growth of the purified terephthalic acid market. Polyethylene terephthalate which acts as a successor to PTA is also expected to make an impact on the PTA market in accordance to its end-user industries.

Several growth factors such as growing per capita consumption in emerging regions such as China and significant growth of the textile industry is expected to boost the demand for the PTA market. However, fluctuating prices in energy sources such as crude oil required to produce PTA is expected to affect profitability of PTA manufacturers thereby impacting the growth of the market.

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Beer and other alcoholic beverage industries as well as household product containers are still dominated by the glass industry, which could be an unexplored market for PTA consumption thereby, providing new opportunities for the growth of the market. Asia Pacific was the largest consumer for purified terephthalic acid, followed by North America and Europe. Future market growth is expected to be from Asia Pacific as well owing to the improving living standards as well as cross-country usage of PTA products.

Alfa, S.A.B. de C.V., CPC Corporation, Far Eastern Group, Honam Petrochemical Corporation, Indian Oil Corporation Limited, Mitsubishi Chemical Corporation, Mitsubishi Gas Chemical Co. Inc., Reliance Industries Ltd., Samyang Chemical Co., Ltd. and Saudi Basic Industries Corporation are some of major producers of purified terephthalic acid dominating the market.

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Key points covered in the report

• Report segments the market on the basis of types, application, products, technology, etc (as applicable)
• The report covers geographic segmentation
  • North America
  • Europe
  • Asia
  • RoW
• The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
• The report provides company profiles of some of the leading companies operating in the market
• The report also provides porters five forces analysis of the market.

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Sales of Ultra-Pure Sulphuric Acid Market to significantly rise During 2021 to 2031 Owing to Growing Application Across End-use Industries

 Ultra-Pure Sulphuric Acid Market: Introduction

The global ultra-pure sulphuric acid market has been elevated with the rising applications in the field of electronic devices manufacturing industries and most significantly to manufacture semi-conductors across the globe. Ultra-pure sulphuric acid is generally traded in concentration of 95% to 98% with less than 100ppt (Parts Per Trillion) by chemicals firm suppliers and distributor. Ultra-pure sulphuric acid is used in its purest form i.e. crystal clear which is also known as electronic grade sulphuric acid. Ultra-pure sulphuric acid has been used for applications in electronic industry in order to manufacture printed circuit boards. Thus increasing growth in the technology leads to increasing demand for ultra-pure sulphuric acid in bulk production of silicon wafers to manufacture integrated circuits and microchips to a great extent. Such chemical reagent for micro-electronic with the ongoing rapid development in electronic sector anticipates substantial growth over the forecast period. It is observed that the consumption in semiconductor industry is approximately one-third of the total ultra-pure sulphuric acid produced annually thus offers significant opportunities for the manufacturers over the forecast period.

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Ultra-Pure Sulphuric Acid Market: Dynamics

Although electronic industry has witnessed significant advancements in the past decade, use of ultra-pure sulphuric acid is substantial which helps in achieving significant yield in the removal of carbon deposits and inorganic residues on the silicon wafer while etching and cleaning electronic products.

Thus, one big benefit and driver to ultra-pure sulphuric acid market is in meeting Level12 of chemical material, SEMI C12 standard articulated by Semiconductor Equipment and Materials Internationals.

However, lack of technological expertise in the production of ultra-pure sulphuric acid is the major obstruct for the market growth in terms of volume and eventually monetary gain.

The direct distillation of raw material i.e. industrial sulphuric acid at its boiling point in order to remove impurities causes the problems of generation of acid mist resulting to pollution and its controlling measures along with the high energy consumption and high cost of operation. Therefore new manufacturing methods are required to overcome the pertaining complications and aiding to boost the ultra-pure sulphuric acid market over the forecast period.

Ultra-Pure Sulphuric Acid Market: Segmentation

Ultra-pure sulphuric acid market can be segmented on the basis of the application:

• Semiconductors
• Industrial Chemicals
• Printed circuit boards

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Ultra-Pure Sulphuric Acid Market: Regional Outlook

Based on the geographic division, ultra-pure sulphuric acid market is expected to dominate in the Asia-Pacific region over the forecast period. This region is expected to be promising in ultra-pure sulphuric acid market due to high investment in new technological developments in electronic industries. Developing countries like China, Taiwan and Brazil are expected to boost the economy with the increasing demand of ultra-pure sulphuric acid in end-use industries during the forecast period.

Regions like Europe and North America are expected to show a slight maturity in ultra-pure sulphuric acid market that results to incline towards the strategic capacity expansion in emerging market in the coming future.

Asia-Pacific is expected to dominate the ultra-pure sulphuric acid market with major developments witnessed in electronic core nations like South Korea, Japan and China. Thus it is anticipated to show a good scope for consumption of ultra-pure sulphuric acid market in this region over the forecast period. Such growth is attributed to the rise of production capacity and escalating demand for electronic devices. This will give progressive opportunities for ultra-pure sulphuric acid market. Rise in industrialization and Urbanization in ASEAN and Middle East Countries will promote the demand for ultra-pure sulphuric acid hence holds significant share in ultra-pure sulphuric acid market.

Ultra-Pure Sulphuric Acid Market: Key Players

Some of the participants in ultra-pure sulphuric acid market are list below:

• Sigma-Aldrich Co. LLC
• KMG Chemicals Inc.
• PVS Chemicals Group
• Kanto Chemical Co. Inc.
• Linde Group
• Reagent Chemicals
• Chemtrade Logistics Inc.
• Avantor Performance Materials. LLC
• Ineos Enterprises

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Opportunity Assessment of Specialty Silicas Market Reveals Lucrative Prospects for Manufacturers

 Don’t miss to keep a tab on the latest happenings in chemicals vertical, all the latest updated reports are published by Persistence Market Research, along with deep insights. Our reports draws attention to the existing and projected metrices about the raw materials along with its market demand.

Specialty silicas are chemical compounds that are made predominantly from silica or silicon dioxide (SiO2). Specialty silicas are found in shape of chunks, sawed or trimmed blocks, round pebbles, and other shapes. Specialty silicas are widely adopted in food and beverages industry, footwear manufacturing, rubbers and production of ‘green’ tires.

On the basis of silica type, the global silicas market can be segmented as precipitated silica sol, silica gel, and fumed silica. Precipitated silica sol is the largest market segment of specialty silicas market owing to the increase use of it in automotive tyres manufacturing. Based on the various end user applications, the market can be segmented in three different categories namely chemicals, rubber, and food and beverages. Rubber was the largest market segment of specialty silicas in 2013. It is expected that rubber will be also the fastest growing market segment in the forecasted period owing to the increase adoption of silica rubbers in environment friendly automotive tyres. The demand of Silica sol is mainly expected from growing end user industries such as paper coatings and semiconductor polishing market.

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Increasing global concern over environmental sustainability coupled with different labeling regulations by the government in different part of the world is the major driver of this industry. Moreover better performance specification of green tires made up of specialty silicas such as higher resistance, less rolling friction enhance vehicle fuel economy, and increasing consumption of processed food and beverage, are some of the dominant drivers of the global specialty silicas market.

Asia Pacific is the largest market of the specialty silicas followed by Europe and North America. The growth is highest in Asia Pacific region owing to growth of the sizable Chinese market especially in automotive industry. China accounts for more than half of the total market share of specialty silicas in Asia Pacific. It is then followed by India and Japan. Middle East and Europe are the other two fasted growing market of specialty silicas attributed to growing export-oriented manufacturing industries in this region. North America specialty silicas market is heading towards maturity and a below average growth is expected from this region.

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Some of the major companies operating in global specialty silicas market include,

• Akzo Nobel NV
• Cabot Corporation
• Ecolab Incorporated
• Evonik Industries AG
• Gujarat Multi Gas Base Chemicals Private Limited
• Imerys SA
• Oriental Silicas Corporation
• Solvay SA
• Zhuzhou Xinglong Chemical Industry Company Limited. 

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The Hot Melt Adhesives Market to be driven by enabling IoT in the chemical industry

 The global Hot Melt Adhesives Market is expected to encompass technological disruption in the next 10 years. Decarbonization and sustainability are the critical areas of emphasis in the current scenario and the status quo is expected to be the same even going forward. The key stakeholders are heavily investing in research for incorporating recycling technologies for lowering carbon footprint on the whole. So, mitigation of emissions would be the cornerstone of chemical vertical in future. As stated by Persistence Market Research (PMR) through its various ‘Chemicals’ domain reports, it is expected – that many rebounding economies in the post Covid-19 era across the globe are bound to grow threefold in the next decade. The global hot melt adhesives market is anticipated to expand at a CAGR of 6.2% over the forecast period of 2021 and 2031. Significant growth of the packaging industry is boosting demand of hot melt adhesives.

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Recent Developments in This Space

• Aug 2021: An agreement was signed by Arkema for the acquisition of Ashland’s performance adhesives business, a first-class leader in high-performance adhesives for industrial applications in the United States with a unique and innovative product portfolio.
• June 2021: H.B. Fuller announced that it had signed a distribution agreement with Jubilant Agri and Consumer Products Limited (JACPL), a 100% subsidiary of Jubilant Industries Limited, to address growing demand for adhesive applications in the B2B woodworking segment.
• Feb 2021: Avery announced an agreement to acquire JDC Solutions, Inc., a Tennessee-based manufacturer of pressure-sensitive specialty tapes, for a purchase price of approximately US$ 24 million, subject to customary adjustments.
• April 2019: Beardow & Adams announced that Industrias Plásticas Caute SRL (Inplástica) from Peru and Percat from Uruguay have become Beardow Adams’s latest global partners.
• July 2017: H.B. Fuller Company signed an agreement to purchase adhesives company Adecol Ind. Química, Limitada, a highly respected manufacturer of quality adhesive technologies in Brazil.

Key Takeaways from Market Study

• The global industry of hot melt adhesives is anticipated to reach a value of US$ 14.84 Bn by the end of 2031.
• East Asia is estimated to witness significant growth at 7.1% CAGR over the forecast period.
• Packaging solutions are anticipated to remain a key end use and account for a major share in global consumption of hot melt adhesives.
• By resin, ethylene vinyl acetate is anticipated to witness year-over-year growth of 5.9% in 2021, and the segment is expected to remain a key resin used in the production of hot melt adhesives.
• The U.S. is anticipated to remain a key market for hot melt adhesives owing to the strong presence of end-use industries.

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“The COVID-19 pandemic is expected to significantly impact the global market for hot melt adhesives owing to decrease in demand primarily from the automotive & woodworking sectors,” says a Persistence Market Research analyst.

Competitive Landscape

The global market has been identified as a fairly consolidated space owing to significant presence of key market participants.

Some of the key market players included in the study are 3M, Arkema S.A., Avery Dennison Corporation, Beardow & Adams (Adhesives) Ltd., DOW, HB Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Sika AG, Tex Year Industries Inc., Adtek Malaysia SDN BHD, Buhnen GmbH & Co. Kg, Cherng Tay Technology Co., Ltd., Evonik Industries AG, and others.

Key manufacturers are anticipated to maintain a competitive environment in the global market. Key players are focusing on investing a fair share of their revenue in product development to launch bio-based products to sustain in the long run in this competitive environment.

Conclusion

Growing end-use industries such as packaging solutions, furniture & woodwork, automotive, footwear, textiles, and electronics are boosting the sales volume of hot melt adhesives. This is due to ease of application of these adhesives in several end-use industries.

Polyurethane, ethylene vinyl acetate, and styrene block copolymers are also estimated to remain key resins in the global industry. East Asia is projected to remain one of the fastest-growing markets, whereas, North America is projected to account for a key share in the industry of hot melt adhesives.

3M, Arkema S.A., Avery Dennison, Henkel AG, Evonik Industries, Jowat SE, and DOW are also estimated to remain prominent market participants. Key players are focusing on boosting their market presence through mergers and acquisitions, launching of environment-friendly products, and strengthening their distribution network.

More Valuable Insights Available

Persistence Market Research, a research and consulting firm, has published a new market research report on the Global hot melt adhesives market that contains industry analysis of 2016–2020 and opportunity assessment for 2021–2031.

The report provides in-depth analysis of the market through different segments, namely, resin, end use, and region. The report also provides supply and demand trends along with an overview of the parent market.

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Dichloroethane (EDC) Market to Witness Significant Incremental Opportunity During 2021 to 2031

 These days, there are various scenarios those propagate different kinds of chemicals & materials market outlook, these are expected to increase the capital expenditure across variety of industries. Persistence Market Research digs deep into the chemicals’ vertical and give a holistic view regarding the same.

Dichloroethane is also known as ethylene dichloride (EDC). Dichloroethane is a colorless liquid with chloroform-like odor. Dichloroethane is a chlorinated hydrocarbon, generally used to produce vinyl chloride monomer, the major precursor of polyvinyl chloride (PVC). Dichloroethane is highly flammable, toxic and carcinogenic.Dichloroethane can be easily recycled and reused in the same facility for further use. Dichloroethane market is strongly depends on PVC market and construction industry.

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Based on the application, the dichloroethane market is divided in three broad segments: vinyl chloride monomer, tetraethylenepentamine and others. On the basis of raw materials, dichloroethane market is segmented in two categories: ethylene and others.Asia Pacific is the largest market for dichloroethane, followed by North America and Europe. Asia Pacific region is expected to show a good growth rate over a forecasted period due to high growth potential of building and construction industry. China represents the largest market for PVC in the Asia Pacific region.

Some of the major drivers contributing to the overall market growth of dichloroethane market include high growth in the construction sector and increasing demand for PVC globally.

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Governments and private sectors across the globe are investing in better infrastructure facilities. Construction of residential and non-residential buildings leads to the demand for PVC products; indirectly increase the demand for dichloroethane market.

For infrastructure development, the U.K government’s public sector investment is expected to rise by USD 4.9 billion to about USD 77.7 billion in 2013-14 over 2012-13. Some of the major restraints for dichloroethane market include strict environmental regulations.

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Some of the major companies operating in the dichloroethane market include Dow Chemical Co., Occidental Chemical Corp, SolVin, Formosa Plastics Corporation and INEOS.

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All-pervasive AI to drive the Petroleum Coke Market

 Petroleum coke or petcoke, a solid rock material is a byproduct of crude oil refining and other cracking processes. Although a refining byproduct, petroleum coke is considered as a valued commodity since 2008, all over the world. Crude oil remained after separating other valuable petroleum products from refining process such as diesel, lubricants, waxes, etc. can be processed further in cokers or other cracking processes to produce petroleum coke. Different grades of petroleum coke are produced by varying the coking operation temperature, coking time length, and quality of raw material used. The grades available are needle coke, purge coke, sponge coke, shot coke, and catalyst coke.

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The different grades differ in their physical properties and VOC (Volatile Organic Content). It is generally used as a source of energy in various industries due to its high calorific value, as compared to metallurgical coal and bituminous coal. About 80% of the petroleum coke produced is used as energy source in various industries. Cement kiln and power plants are the chief end users. Another prominent use of petroleum coke is in manufacturing of metal, where it is used to manufacture anodes for EAFs (Electric Arc Furnaces).

The niche applications of petroleum coke includes production of titanium dioxide for paint and coloring industry, feedstock for coke oven batteries, to produce urea and ammonium nitrate for paper industry and organic fertilizer, etc. High sulphur, low grade petroleum coke (fuel grade) is generally used as a source of energy, while low sulphur, high grade petroleum coke is used for other uses by the manufacturers. Petroleum coke is a cost effective alternative to coal with higher calorific value, lower ash content.

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Global Petroleum Coke Market Dynamics

The production of the petroleum coke is linked with the production of oil, as it is a byproduct of oil refineries.  The market is highly price sensitive and the global consumption of petroleum coke is highly dependent on competitive prices in fuel market. The global petroleum coke market is driven by increasing global energy demand.

Petroleum coke being used as energy sources by power plants is highly influenced by increasing global energy demand. Growth of cement & construction industry is another driving factor for petroleum coke market growth. The advancement in technology that increased the oil production is also driving the market globally.

EPA (environmental protection agency) has not classified petroleum coke as a hazardous material, eventhough it is found to be having adverse effects on aquatic and terrestrial environments due to higher level of sulphur content. Although there are no specific regulations for petroleum coke industries, the environmental regulations are the key restraints for the market. Furthermore the market is influenced by highly volatile fuel prices and is a key challenge for the market.

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Global Petroleum Coke Market Segmentation

The global petroleum coke market is segmented on the basis of product type and end uses. On the basis of product type, the global petroleum coke market is classified as needle coke, sponge coke, catalyst coke, shot coke, and purge coke. On the basis of end use, the global petroleum coke market is segmented as power plants, cement industry, steel industry, Aluminum industry, others.

The other end uses of petroleum coke includes bricks and glass, paints and coloring industries, etc.  More than 80% of petroleum coke produced is used as a source of energy by the end users.

Global Petroleum Coke Market: Regional Outlook

Geographically, the Global petroleum coke market can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. U.S. is a key exporter of petroleum coke. It exports more than 80% of the petroleum coke produced in the region. China, India, Japan, Mexico, and Turkey  are the key export market for U.S. Apart from U.S., Canada, Spain, Germany, China are the major exporting countries.

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Global Petroleum Coke Market Players

About 140 refineries produce petroleum coke all over the world. Some of the  major petroleum coke manufacturing companies are ExxonMobil, Chevron, Valero, British Petroleum, Marathon Petroleum Corporation, etc.

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

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