What is the Future of Antimicrobial Packaging Market With Applications, Benefits & Opportunities

The global Antimicrobial Packaging market is expected to value at USD 11.92 billion by 2024.

What is the Future of Antimicrobial Packaging Market:

The global Antimicrobial Packaging market is expected to value at USD 11.92 billion by 2024. The antimicrobial packaging industry is subject to witness a substantial growth due to the rising demand for advanced packaging solutions in confectionery and bakery sectors. Antimicrobial type of packaging is gaining popularity in preservative free food products that need minimal processing and are perishable.

What is an Antimicrobial Packaging:

Antimicrobial packaging is defined as a packaging material with biological properties that allows its interaction with the product or the headspace inside to reduce, inhibit, or retard the growth of spoilage or pathogenic microorganisms on food surfaces

Benefits of Antimicrobial Packaging:

Antimicrobial packaging in films prevents microbial growth on the food surface by direct contact of the packaging material with the surface of foods. This is the reason for which the antimicrobial packaging film should ensure its contact with food surface leading to diffusion of bacteriocins to its surface.

Increasing level of awareness associated with consumer health and longer shelf life of products are expected to fuel market demand for antimicrobial packaging solutions over the next seven years. Globally, the antimicrobial packaging market is predicted to grow at a CAGR of 5.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

The factors affecting the growth of antimicrobial packaging industry are varying food preferences, enhancements in living status, and rising disposable earnings. Furthermore, implementation of modern techniques in packaging sector, and rising preference towards food safety concerns, are predicted to uplift the demand for antimicrobial packaging over the forecast period.

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The other factors that are significantly contributing to industry growth include growing demand for hot and easily available packaged food products coupled with soaring demand for convenient & sustainable packaging solutions. Increasing demand for bioplastics and metal composites of aluminum, steel, and plastic grades like polyethylene terephthalate (PET) & polyethylene (PE), glass, and paper for convenient & sustainable packaging solutions, are expected to drive market growth of antimicrobial packaging market. Rapid industrialization in BRICS economies such as Brazil, Russia, India, China and South Africa is expected to stimulate market growth of antimicrobial packaging in the upcoming years.

Aggressive marketing by the industry players and numerous brand improvement efforts by energy drink manufacturers are attracting more consumers, thus driving market demand for enhanced beverage packaging solutions. Increasing popularity of the ready to drink (RTD) beverages coupled with increasing number of local manufactures across the globe are anticipated to boost market demand for advanced antimicrobial packaging solutions.

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However, the major task of antimicrobial packaging is to preserve the quality of the stored food product. The antimicrobial packaging solutions not only provide prevention from the downgrading and spoilage in the food but also preserve the food products by maintaining quality with regards to its appearance, odor, taste and vitamin content. The use of the antimicrobial packaging enhances the commercial value of the food product and limits financial loss for the food manufacturer.

The antimicrobial packaging industry is broadly categorized into three major segments based on the application type such as food & beverage industry, healthcare sector and personal care& cosmetics industry. The food & beverage industry is considered as one of the fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of antimicrobial packaging solutions in the food & beverage segment is attributed to the changing food preferences and rising disposable income. The personal care& cosmetics segment has also witnessed substantial growth owing to the increasing demand for personal care products from Asia Pacific & North America region.

The antimicrobial packaging market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in packaging sector, increase in the number of research & development activities in the region and existence of well-established infrastructure. Asia-Pacific region is predicted to hold major market share in antimicrobial packaging with massive growth in forecast period.

What are the top companies in the Antimicrobial Packaging:

Countries such as India, China and Singapore are leading the Asia-Pacific market with changing food preferences, rising per capita income, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the antimicrobial packaging industry are Mondi Plc, BASF Group, Dow Chemicals Co., Dunmore Co., PolyOne Co., Linpac Senior Holdings, Inc., Bicote Co., Microban International, Inc., and Agion Colorcon Co.

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What is a 1-Decene, its Future, Applications & Regional Demand

Global 1-decene market is expected to reach USD 1.29 billion by 2025

Global 1-decene market is expected to reach USD 1.29 billion by 2025. 1-decene is also termed as “Decylene” or “1-n-Decene”. It is a colorless watery liquid with molecular formula C10H20 and pleasant odor.

Decene is an alkene with the formula C ₁₀H ₂₀. Decene contains a chain of ten carbon atoms with one double bond. There are many isomers of decene depending on the position and geometry of the double bond. 

What is a 1-Decene:

It is an alkene that floats on water and acts as a metabolite. It has one double bond. It is the only isomer of industrial importance. The 1-decene market is estimated to grow at a significant CAGR of 3.7% over the forecast period as the scope and its applications are rising enormously across the globe.

Applications:

It is mostly used in the production of following compounds: epoxides, amines, oxo alcohols, synthetic lubricants, synthetic fatty acids and alkylated aromatics.

The factors that are playing a major role in the growth of the 1-decene market are the high production of poly alpha olefins, growing concern regarding the environment in automotive industries, and rise in demand for synthetic lubricants. However, fluctuating cost of raw materials may restrain overall market growth in the years to come. The 1-decene industry is segmented based on grade, derivative, application, and region.

Synthetic and bio-based are the grades that could be explored in 1-decene in the forecast period. Synthetic-based grades sector accounted for the substantial market share of 1-decene and is estimated to continue with its dominance in the years to come.

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Future of 1-Decene:

Based on derivative, Oxo alcohols, polyalphaolefins (PAO), gasoline engines, diesel engines, and others could classify 1-decene in the forecast period. The polyalphaolefins sector accounted for the substantial market share of 1-decene and is estimated to lead the overall market in the years to come. The reason could be increasing technological enhancements in product and product offerings, the growing automotive industry in the Asia Pacific, growing disposable standards, and flexible government taxation policies.

The market could be categorized based on applications like surfactants, synthetic lubricants, polyethylene, plasticizers, and the others that could be explored in the forecast period. The surfactants sector accounted for the significant market share of 1-decene and is estimated to lead the overall market in the years to come.

Asia Pacific accounted for the substantial market share of 1-decene and is estimated to lead the overall market in the years to come. The reason could be the rising production of synthetic lubricant and PAO, easy availability of raw materials, and the growing demand for polyethylene in developing countries. The developing countries like India and China are the major consumers of 1-decene in this region.

Europe and North America are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, North America is estimated to grow at the highest CAGR in the forecast period. The key players of the 1-decene market are ExxonMobil, Shell Chemicals, SASOL, Chevron Phillips, Qatar Chemicals, and INEOS. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Global 1-Decene Application Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 – 2025)
    • Poly Alpha Olefin
    • Polyethylene
    • Detergent Alcohols
    • Others

Global 1-Decene Regional Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
        • France
    • Asia Pacific
        • China
        • India
        • Japan
        • Thailand
        • Malaysia
        • Indonesia
    • Middle East and Africa
        • Saudi Arabia
    • Central and South America
        • Brazil

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How Radiation Dose Monitoring Will Reach Height of USD 3.9 billion By 2025

Radiation dose monitoring is a system that collects, analyzes, controls, and improves the doses administered to patients post medical imaging checkups.

Global Radiation Dose Monitoring Market is anticipated to reach USD 3.9 billion by 2025 owing to benefits offered by automated dose monitoring systems for effectively tracking radiation dose in patient. Radiation dose monitoring is a system that collects, analyzes, controls, and improves the doses administered to patients post medical imaging checkups. It displays patient-related information and offers real-time monitoring of patient’s examination with advanced alert systems based on automatic email notifications and diagnostic reference levels.

What is a Radiation Dose Monitoring?

Radiation dose monitoring industry is influenced by the rising use of imaging technologies, particularly MRI (magnetic resonance imaging) and CT (computed tomography) scan and positive effect of government regulations for compulsion usage of radiation monitoring systems. Moreover, the benefit of automated monitoring systems that efficiently track patient’s radiation dose exposure is driving the market growth of radiation dose monitoring.

However, radiation dose monitoring market is restrained by the shortage of nuclear medicine facilities in the emerging economies across the globe. Asia Pacific offers lucrative opportunities to radiation dose monitoring industry due to speedy urbanization and upgrades in healthcare infrastructure.

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Future of Radiation Dose Monitoring:
Radiation dose monitoring market is categorized on the basis of product, modality, end user, and geography. On the basis of product, the market is divided into services and solutions. Solutions segment is expected to lead the market of radiation dose monitoring since integration radiation dose tracking, analytics and monitoring software can easily work in compliance with systems like (PACS) picture archiving and communication system, (RIS) radiology information system and (EHR) electronic medical record.

Based on modality, radiation dose monitoring industry is divided into fluoroscopy and interventional imaging, radiography and mammography, computed tomography, and nuclear medicine. Computed tomography segment registers high growth in radiation dose monitoring market due to the increasing regulations concerning CT dosage at the global scale and growing number of computed tomography examinations.

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In terms of end users, radiation dose monitoring industry is split into ambulatory care settings, hospitals, academic medical centers and research institutions. Hospital segment is expected to hold larger market share of radiation dose monitoring owing to the increasing demand for efficient healthcare services by consumers.

Geographically, radiation dose monitoring market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America followed by Europe and Asia Pacific is predicted to dominate the market of radiation dose monitoring owing to developed healthcare IT infrastructure, favorable regulatory compliances, and introduction of novel technologies.

The key players in radiation dose monitoring industry are Bayer Healthcare AG, Koninklijke Philips N.V., GE Healthcare, Afga-Gevaert N.V., Fujifilm Holdings Corporation, Thermo Fisher Scientific, Spectra AB, Agfa-Gevaert N.V., Landauer, Inc., Bayer AG, PACSHealth, LLC, Koninklijke Philips N.V., GE Healthcare, Fujifilm Holdings Corporation, Thermo Fisher Scientific, QAELUM NV, and INFINITT Healthcare Co. Ltd.

Market Segment:

Component Outlook (Revenue, USD Million; 2014 – 2025)
    • Software
    • Service

Application Outlook (Revenue, USD Million; 2014 – 2025)
    • Radiography
    • Angiography
    • Mammography
    • Fluoroscopy & Interventional Imaging
    • Others

Product Outlook (Revenue, USD Million; 2014 – 2025)
    • Dosimeters
    • Area Process Monitors
    • Others

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Bioadhesives Market Will Accomplish Outstanding USD 2.54 billion Figure By 2025

Global Bioadhesives Market is expected to reach USD 2.54 billion by 2022. Bioadhesives are natural polymeric materials used to join two surfaces where at least one of them is a living tissue. It is exclusively used as a substitute for traditional drug dosage system and as a replacement for surgical sutures. The bioadhesives market is estimated to grow at a significant CAGR of 13.0% over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of bioadhesives market are high demand from major key manufacturers from developed countries, growing R&D sectors for the development of innovative techniques for the use of bioadhesives, and increasing development of bio-raw materials. However, the short shelf life of bioadhesives may restrain overall market growth in the years to come. Bioadhesives industry is segmented based on types, application, and region.

Animal-based and plant-based bioadhesives are the types that could be explored in bioadhesives in the forecast period. Plant-based bioadhesives sector accounted for the substantial market share of bioadhesives and is estimated to lead the overall market in the years to come. The reason could be abundance; that too, at low cost. Plant-based bioadhesives comprise maize, starch, soy, and others. Also, animal-based bioadhesives are estimated to grow at the highest CAGR in the years to come.

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The market could be categorized based on application like medical, packaging & paper, personal care, construction, wood, and others that could be explored in the forecast period. Packaging & paper sector accounted for the substantial market share of bioadhesives and is estimated to continue its dominance in the years to come. The reason could be high demand for animal and plant-based adhesives and rising concern regarding the use of eco-friendly products.

Globally, Europe accounted for the substantial market share of bioadhesives and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising construction activities in this region, increasing demand from key manufacturers, and the presence of major industries in this region. Germany is a major consumer of bioadhesives in this region.

North America and the Asia Pacific are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. The reason could be government strict policy against use of petroleum-derived products in this region. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of bioadhesives in this region.

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The key players of bioadhesives market are Dow Chemical Company, 3M Company, Paramelt, Arkema, Henkel, Ashland, Cryolife, Adhbio, Bioadhesive Alliance, Yparex, and Adhesive Research. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Global Bioadhesives Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Plant based
    • Animal based

Global Bioadhesives Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Packaging & paper
    • Construction
    • Wood
    • Personal Care
    • Medical
    • Others

Global Bioadhesives Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • UK
    • Asia Pacific
        • China
        • Japan
        • India
    • Central & South America
    • Middle East & Africa

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Activated Bleaching Earth Market Projected To Reach Height of US$ 2.35 billion By 2025

Activated bleaching earth is an earthen creation, combination of montmorillonite, bentonite, and attapulgite resources. It is likewise recognized as activated fuller’s earth or bleaching clay.

The global Activated Bleaching Earth Market was appreciated at US$ 2.35 billion in the year 2014. It is estimated to develop at a substantial CAGR for the duration of the prediction. Activated bleaching earth is an earthen creation, combination of montmorillonite, bentonite, and attapulgite resources. It is likewise recognized as activated fuller’s earth or bleaching clay. This creation holds aluminum and silica in its normal form.

Growing production of vegetable oil & fats in developing marketplaces of the Asia Pacific and Central & South America is projected to be a fundamental motivating reason for the activated bleaching earth market above the forecast period of prediction. It extensively utilized in the processes like bleaching and purifying of eatable oil & fats. Most important demand practiced from Asian nations such as India, Malaysia, China, and Indonesia. Advantageous rules and strategies by the government in these nations have ensured an optimistic effect on the progress of the market.

The increasing harvest per acre of oil seed crop and the technical progress in the production procedure have endured important dynamic powers for the production of vegetable oil & fat. Increasing demand for biofuel, which is resulting from vegetable oil is likewise one of the issue prompting the demand for the activated bleaching earth, in this business, mainly in the industrialized nations.

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The activated bleaching earth market on the source of Type of Application could span Lubricants & Mineral Oil, Eatable Oil & Fats. The subdivision of the Eatable oil &Fats was the most important sector of the application, by way of capacity surpassing 5. 0million tons, during the year 2014. The development of the application division is motivated by growing manufacture of vegetable oil. Endorsement from the Food and Drug Administration [FDA] and World Health Organization [WHO] that the food-ranking mineral oil be utilized in the preparation of food, is estimated to motivate the mineral oil market in the industrialized marketplaces of Europe and North America.

The activated bleaching earth industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

By the source of geography, activated bleaching earth market in the Asia Pacific steered the international business by way of demand stake surpassing 60% during the year 2014. This development is expected to escalate due to the increasing manufacture along with the ingestion of eatable oil & fats in the Asian nations like Indonesia, Malaysia, China and India.

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Indonesia and Malaysia are the biggest manufacturers of vegetable oil. The activated bleaching earth is extensively utilized in treating & purifying the eatable oils. The progress in the production of oilseed harvest in these nations is expected to take an optimistic influence on this market. Central & South America are hub vegetable oil in the nations like Brazil and Argentina. This is estimated to add to the progress of the activated bleaching earth industry.

The development of the Middle East & Africa is influenced by the production of eatable oil & fats in the nations comprising South Africa and Turkey. Yet, the development of the subdivision of lubricants & mineral Oil manufacturing is likewise expected to motivate the demand for activated bleaching earth, in this area.

The statement revises Trades in terms of intake of activated bleaching earth in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Oil-Dry Corporation of America, Korvi Activated Earth, Shenzhen Aoheng Science and Technology Co., Ltd., Clariant International AG, Musim Mas Holdings, Ashapura Perfoclay Limited, AMC (UK) Limited, BASF SE, and Taiko Group of Companies.

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Dimer Acid Market Projected To Reach Height of USD 2.30 billion By 2024

Rapid industrialization in developing economies across Asia Pacific and North America is anticipated to stimulate market expansion over the forecast period.

The global dimer acid market size is expected to value at USD 2.30 billion by 2024. The market is subject to witness a substantial growth due to the increasing demand for polyamide type of resins in coatings and adhesives industries. Rapid industrialization in developing economies across Asia Pacific and North America is anticipated to stimulate market expansion over the forecast period.

In addition, rise in the number of manufacturing activities in the BRICS economies such as, Brazil, India, Russia, China, and South Africa is projected to expand market reach of dimer acid industry in the upcoming years. Growing number of infrastructure activities for better residential as well as public infrastructure, particularly in Asia Pacific region are propelling market growth, in the recent years. Globally, the dimer acid market is predicted to grow at CAGR of 4.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Increasing demand from building & construction sector is predicted to amplify market value of dimer acid over the forecast period. In addition, increasing government spending on various infrastructural projects, particularly in the Asia Pacific and South America region are anticipated to fuel market expansion over the coming years. Polyamide resins such as dimer acid are adopted for production of adhesives & construction materials due to their unique structural properties.

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Moreover, oilfield chemicals are used in wide range application involving oil & gas extraction, and processing activities. These chemicals are also widely adopted for drilling, refining, and hydraulic fracturing activities. The factors are expected to play vital role in future growth of dimer acid industry over the next seven years. Common oilfield chemicals, which are used as a raw material, include corrosion & scale inhibitors, wetting agents, surfactants, and demulsifiers.

Shifting trend towards local energy generation rather than energy import, to become self-sufficient and cater to the growing energy demand in developing economies across the Asia Pacific region are expected to fuel market demand for dimer acid in the near future. Rise in the number of drilling activities across the globe to meet growing energy demand is estimated to favor growth of oilfield chemicals, thus fostering dimer acid demand as well.

The dimer acid market is broadly categorized into three major segments based on the application type such as nonreactive polyamide resins, reactive polyamide resins, and oilfield chemicals. The reactive polyamide resins is considered as one of the fastest growing segment in the dimer acid industry with substantial revenue generation in the last few years.

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Growing popularity of the reactive polyamide resins segment is attributed to their growing demand in the building & construction sector, particularly in epoxies & floor coatings in order to improve overall performance. The non-reactive polyamide resins segment has also witnessed substantial growth owing to the increasing use of resins in different industry verticals as a solvents, flexographic printing inks and paper coatings.

The dimer acid market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in coatings and adhesives industries, substantial increase in the number of research & development activities in the region, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the dimer acid with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with favorable regulations and government initiatives, strong economic growth, rapid industrialization and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the dimer acid industry are Florachem Co., BASF SE, AZ Chem Holdings LP, Emery OleochemicalsSdnBhd, Aturex Group, AnqingHongyu Chemical Co., Ltd., Oleon N.V., Novepha Co., Ltd., Harima Chemicals Group, Inc., and Nissan Chemical America Co.

Market Segment:

Global Dimer Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)
    • Nonreactive Polyamide Resins
    • Polyamide Resins
    • Oilfield Chemicals
    • Others

Global Dimer Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)
    • North America
        • U.S
    • Europe
        • Germany
        • UK
    • Asia Pacific
        • India
        • China
    • Central & South America
    • Middle East and Africa

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Polyurethane Dispersion (PUD) Market Worth About USD 1.6 billion By 2022

The global Polyurethane Dispersion (PUD) Market size is expected to value at USD 1.6 billion by 2022. The market is subject to witness a substantial growth due to the robust growth in various verticals such as buildings & construction industry, automotive sector, packaging industry, textile and leather industry. Rising demand for leather and textile products from Asia Pacific and North America region are expected to augment market demand for polyurethane dispersion (PUD) over the next seven years. Globally, the polyurethane dispersion (PUD) market is predicted to grow at CAGR of 5.9% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Rapid growth of automotive sector in the Asia Pacific and South-Central America region is one of the major contributing growth factor. Increase in manufacturing of vehicles owing to lower manufacturing cost are anticipated to fuel market demand for polyurethane dispersion (PUD) products. Favorable government initiatives and policies to promote use of polyurethane dispersion (PUD) are expected to offer lucrative growth opportunities for industry participants in the upcoming years. Recent technological advancements in the automotive industry coupled with development of innovative products such as waterborne polyurethane dispersion (PUD) and hot melts coating are anticipated to foster the market growth.

Waterborne polyurethane dispersions (PUDs) coatings and adhesives are water soluble in the nature are commonly preferred over solvent-based polyurethane dispersion (PUD) adhesives due to their eco-friendly nature. Stringent laws & regulation associated with the use of volatile organic compounds (VOCs) that generates hazardous air pollutants (HAPs) are expected to drive the market demand for polyurethane dispersions (PUDs) coatings and adhesives for various industrial as well as commercial applications.

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Polyurethane dispersions (PUDs) coatings and adhesives exhibit properties such as stability, flexibility, easy to use and solubility. Development of ambient-cured (air dried) or baked coatings that are highly flexible with rigid substrates, which are used for production of flooring elements, fabric, leather, metal, plastics and paper. These factors are anticipated to stimulate the growth of polyurethane dispersion (PUD) industry over the forecast period. In addition, polyurethane dispersions (PUDs) are commonly used as graphic art inks, adhesives for shoes and textiles and leather coats. Methylene diphenyl di-isocyanate (MDI), Toluene di-isocyanate (TDI) and polyols are raw materials that are used for manufacturing polyurethane dispersions (PUDs). Volatility in the cost of raw material prices is considered as one of the major challenge faced by polyurethane dispersion market, in the recent years.

The polyurethane dispersion (PUD) industry is broadly categorized into two major segments based on the product type such as water based polyurethane dispersion (PUD) adhesives and solvent-based polyurethane dispersion (PUD) adhesives. The water-based polyurethane dispersion (PUD) adhesives is considered as one of the fastest growing segment in the PUD market with substantial revenue generation in the last few years.

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Growing popularity of the water based polyurethane dispersion (PUD) adhesives segment is attributed to the favorable regulatory norms and rising consummation. The solvent-based polyurethane dispersion (PUD) adhesives segment has witnessed a steady growth due to the increase in consummation of water-based polyurethane dispersion (PUD) adhesives due to their eco-friendly nature.

The PUD industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the buildings & construction industry, automotive sector, and packaging industry, and existence of well-established infrastructure. Asia-Pacific region is predicted to hold major market share in the polyurethane dispersion (PUD) with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth in the region, rapid urbanization, substantial growth in various end-user industries, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the polyurethane dispersion industry are Alberdingk Boley, Inc., BASF S.E., Cytec Industries, Inc., Covestro, Chemtura Co., Dow Chemical Company Pvt., Ltd., Hauthaway Co., Mitsui Chemicals, Inc., and Lubrizol Co.

Market Segment:

PUD Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Water-based dispersions
    • Solvent-based dispersions

PUD Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Textile Finishing
    • Natural Leather Finishing
    • Synthetic Leather
    • Others

PUD Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • North America
    • Europe
    • Asia Pacific
    • Central & South America
    • Middle East & Africa

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Hexane Market Is Burgeoning Worldwide By 2025

The Hexane market is projected to observe an exponential development due to growing demand from the business of oil & gas drawing out.

The global Hexane Market was appreciated at US$ 1.75 billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of prediction. The Hexane market is projected to observe an exponential development due to growing demand from the business of oil & gas drawing out. It proposes excellent presentation due to the possessions for example stress-free miscibility with ether, alcohol and chloroform, small water solubility with water, and transparency. These physical characteristics are projected to motivate the hexane market.

Growing usage of hexane in the manufacturing of petrochemicals and rubber is expected to increase the global market above the subsequent eight years. Furthermore, possessions for example the capability to conservation of color, eliminate undesirable flavor, and additional unwanted possessions of foodstuff are expected to motivate its demand in the manufacturing of eatable oil industry.

The Hexane industry on the source of Type of Application could span Leather Treatment, Industrialized Solvent, Bonding Agent Preparation, Removal of Eatable Oil. “Removal of Eatable oil” was the leading subdivision of application, responsible for above 35% stake of the international market capacity during the year 2015. Hexane is progressively utilized in the manufacturing of eatable oil such as an oil extracting for seed harvests. Development in this subdivision is credited to the growing alertness among customers on the subject of the usage of refined oil and the fitness influence connected with it.

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The application of Hexane as Industrialized Solvent is vital. It is estimated to develop at a CAGR of 3.0% for the duration of prediction. Usage of solvents have meaningfully altered the contemporary living and are a precious resolution for businesses extending from applications for example the production of cosmetics, bonding agent, printing ink, medicines, coats & coverings.

The Hexane market on the source of Type of Grade could span Extraction, Polymerization. The subdivision of Extraction grade ruled the international business and is responsible for above half of the international income during the year 2015. The business is increasing at a substantial speed due to the great standard improvement necessary by the businesses of drawing out and foodstuff productions.

The Hexane industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America and Middle East and Africa. By the source of geography, Asia Pacific is the biggest and the speedy market of hexane.

Europe tracked the Asia Pacific by means of manufacture during the year 2015. Abstemiously increasing manufacturing of bonding agent and rubber projected to motivate the provincial demand. Increasing demand in the manufacturing of leather and footwear, mainly from Turkey and Italy expected to motivate provincial demand.

The economy of Europe is overpowering the latest financial go-slow; ithad ongoing positive influence on the manufacturing sector. On the other hand, Brexit projected to hold back development of the economy in the small course, additionally influencing business dynamic forces in the area. The market in North America is observing reasonable progress because of declining industrialized manufacture and greater infiltration important to a comparatively established economy. Companies are relocating their manufacturing units in Asia Pacific due to the obtainability of plot and trained manual labor by a reasonably lesser price.

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The statement revises Trades in terms of intake of Hexane in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international level are NOAH Technologies Corporation, City Chemical LLC, GFS Chemicals, Inc., Mil-Spec Industries Corp., Aqua Phoenix Scientific, Continental Chemical, and Environmental Equipment & Supply. Additional notable companies operating in the market are- Del Amo Chemical Co., Clear Chem Solutions, Reagents, Hydrite Chemical Co., Hu kill Chemical Corp., Havilland Enterprises, Inc., Capitol Scientific, Dawn Scientific, GreenChem Industries, LLC, and Scientific Solutions, LLC.

Market Segment:

Global Hexane Grade Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 – 2024)
    • Polymerization
    • Extraction
    • Others

Global Hexane Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 – 2024)
    • Edible Oil Extractant
    • Industrial Solvent
    • Adhesive Formulation
    • Leather Treatment
    • Others

Global Hexane Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2010 – 2024)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
    • Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa
        • Saudi Arabia
        • UAE

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Triethylene Glycol (TEG) Market Bag A Mark of USD 718.3 Million Globally With Key Players

Ethylene glycol is commercially prepared by oxidation of ethylene at high temperature in the presence of catalyst silver oxide, followed by hydration of ethylene oxide to produce mono, di and tri-ethylene glycol as sub-products.

Global Triethylene Glycol (TEG) Market is anticipated to reach USD 718.3 million by 2022. Tri-ethylene glycol is an odorless, colorless, hygroscopic liquid and non-volatile in nature. Ethylene glycol is commercially prepared by oxidation of ethylene at high temperature in the presence of catalyst silver oxide, followed by hydration of ethylene oxide to produce mono, di and tri-ethylene glycol as sub-products. Tri-ethylene glycol is used as vinyl plasticizer, as in-between in the manufacture of polyester polyols and resins, and as a solvent in several various applications.

The factors that propel the growth of the TEG industry include rising demand for solvents and increasing oil & gas investigation activities across the world. On the other hand, there are factors that may hamper the growth of the market including higher derivatives of glycols, and high cost of production. Triethylene Glycol Market is anticipated to grow at a significant CAGR of 3.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Triethylene Glycol (TEG) industry may be explored by product type, application, and geography. The market may be explored by product type as industrial Grade, and Other. The key application that could be explored in the TEG Market include Solvents, Polyester Resins, Natural gas dehydration, Plasticizers, Humectants, Polyurethanes, and Others. The “Natural Gas Dehydration” segment led the Triethylene Glycol industry in 2015 and is anticipated to maintain its dominance by 2022.

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Asia-Pacific accounted for the major share of the Triethylene Glycol (TEG) Market Size in 2014 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes rising use of gas as a fuel source in India, China, Japan, and South Korea. Improved demand for TEG in the region.

Some of the key players that fuel the growth of the Triethylene Glycol industry comprise ExxonMobil, LyondellBasell, Honeywell International Inc. E.I. duPont de Nemours & Company, 3M, Ineos, Honam Petrochemical Corporation, Shell, SABIC, Clariant, and Reliance Industries Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Global TEG Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • Natural gas dehydration
    • Solvents
    • Plasticizers
    • Polyurethanes
    • Humectants
    • Polyester Resins
    • Others

Global TEG Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
    • North America
        • U.S.
    • Europe
        • Germany
    • Asia Pacific
        • China
        • India
    • Latin America
    • Middle East and Africa
        • Saudi Arabia

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Polyimide Film Market Is Burgeoning Worldwide By 2025

Global Polyimide Film Market is estimated to reach USD 3.12 billion by 2025 owing to the revolutionary advancements in automobile and aerospace industry concerning to high-end quality products.

Global Polyimide Film Market is estimated to reach USD 3.12 billion by 2025 owing to the revolutionary advancements in automobile and aerospace industry concerning to high-end quality products. Polyimide (PI) films contain polyimide and polymer of imide monomer finds their use in harsh environments to assure reliability and durability. They are highly known for their features like high chemical resistance, temperature resistance and high dielectric constant.

Due to these properties, PI films are used in manufacture of heat resistant electronic components like pressure sensitive tapes, flexible printed circuits (FPC) and wires. Several polyimide film products are available that possess unique combination of properties that make it ideal for a variety of applications in multiple industries. Owing to these characteristics, polyimide films market is predicted grow at a CAGR of 8.6% in near future.

The use of polyimide films are impacted by the increase in demand for electronic products across the world. These films are used in manufacturing of flexible circuits that are deployed in several consumer electronic like laptops and smartphones. These films also witness a broader scope in the aerospace industry due to their lightweight feature that helps in fuel saving & improving engine performance. Owing to these properties, polyimide film industry is predicted to gain a greater traction.

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The growing consumer electronic products that are light in weight is projected to stimulate the market growth in the years to come. Wireless communication and flexible displays are anticipated to offer lucrative opportunities for the growth of polyimide films industry in the coming years. However, the market is expected to face obstacles due to high costs of manufacturing of polyimide films since they are produced through film casting techniques that require high temperature.

Polyimide film market growth will also be restrained from the poor hydrolysis resistance of polyimide films in near future since polyimide films are comparatively low efficient in the humid weather. At present, the major market players are focusing on increasing research & development activities for improved manufacturing of polyimide films. Mergers, strategic collaborations, and acquisitions are key strategies followed by major companies in order to increase their regional presence

Polyimide film industry is categorized on the basis of application, end-user and geography. On the basis of application, the market is divided into Flexible Printed Circuit, Specialty Fabricated Product, Pressure Sensitive Tape, Motor/Generator, and Wire & Cable. On the basis of end-user, polyimide film market is classified into Electronics, Automotive, Aerospace, Labelling, Medical, and mining & Drilling. Geographically, the market is segmented as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia pacific is projected to dominate the market in the coming years due to the high demand for consumer electronics.

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Some of the major players operating in the polyimide film industry are Arakawa Chemicals Industries Ltd., SKCKOLONPI, Inc., E.I. Du Pont De Nemours and Company, FLEXcon Company, Inc., Kaneka Corporation, Saint-Gobain S.A., Taimide Tech. Inc., Ltd., I.S.T. Corporation, UBE Industries Ltd., and Yunda Electronic Materials Co.

Market Segment:

Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • Flexible printed circuit
    • Wire & cable
    • Pressure sensitive tape
    • Specialty fabricated product
    • Motor/Generator

End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • Electronics
    • Aerospace
    • Automotive
    • Labeling
    • Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
        • France
    • Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
    • Middle East & Africa

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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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