Propylene Carbonate Market: No VOC Emitting Solvent
- Propylene carbonate is widely used in the formulation of several cosmetic products such as eye shadow, mascara, lipsticks, and other skin cleansing products. Rise in trend in usage of make-up products and cosmetics among the young population is projected to fuel the demand for propylene carbonate in the next few years.
- According to the Cosmetics Europe – the Personal Care Association (PCA), the cosmetics products market in Europe was valued at more than US$ 88 Bn in 2018, while that in the U.S. stoodt at around US$ 75.5 Bn in the same year. The cosmetics products market in China was valued at more than US$ 53.5 Bn in 2018.
- Increase in awareness about personal grooming and personal care among the young population is a key factor driving the demand for cosmetics products. High demand for cosmetics product is estimated to fuel the propylene carbonate market in the next few years.
- Propylene carbonate is also known as cyclic propylene carbonate. It is an organic chemical and cyclic carbonate ester derived from propylene glycol compound. Propylene carbonate is synthesized from propylene oxide and carbon dioxide.
- It is extensively used in the manufacture of paints, adhesives, and cosmetic products. Propylene carbonate is primarily used in the plastic industry as a plasticizer. It is also employed as a solvent for the removal of carbon dioxide from natural gas.
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Paints & Coatings to Offer Significant Growth for Propylene Carbonate Market
- Increase in demand for paints and coatings products across the world is projected to boost the propylene carbonate market during the forecast period. Propylene carbonate is widely used in the manufacture of different shades of paints and coatings products around the globe.
- In terms of volume, the global paints & coatings market stood at around 42 billion liters in 2017. In terms of value, the market was valued at more than US$ 160 Bn in the same year. The global paints & coatings market in terms of revenue is anticipated to continue to expand at a CAGR of more than 5% during the forecast period.
- Rise in demand for new construction residential buildings with attractive architecture and designs is a key factor boosting the demand for appealing paints colors and coatings across the globe. High demand for attractive paints and coatings in several countries is likely to fuel the propylene carbonate market in the near future.
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Solvent and Electrolyte Application to Offer Lucrative Opportunities
- Propylene carbonate is widely used as a solvent in various applications such as foundry, polyester polyol, wire coating, polyurethane, pesticide solvent, surface coating, textile production, and cleaners
- Versatile chemical properties are expected to increase the number of applications for propylene carbonates such as solvent, electrolyte, additives & chemical intermediates, and others. This is anticipated to fuel the propylene carbonate market in the next few years.
- Propylene carbonate offers excellent polarity to create a solvation shell for lithium ions. It is widely used as a high permittivity component in lithium batteries as an electrolyte. This solvation shell around lithium-ion creates a conductive electrolyte. However, increase in trend of electric vehicles and rise in demand for batteries are major factors projected to boost the propylene carbonate market in the next few years.
Decreasing Prices and High Flammability to Hinder Market Growth
- The global trend of decreasing prices of propylene carbonate is a prominent factor restraining the propylene carbonate market
- Propylene carbonate delivers flammable characteristics. It catches fire quickly. These flammable properties cause risk of damage and require high standard for safe handling, especially in transportation. This is estimated to hamper the propylene carbonate market during the forecast period.
- Rise in stringent regulations in several countries for the manufacture and usage of flammable liquids may hamper market growth. The manufacturing companies are required to seek permission from the local authorities by defining manufacturing objectives. This may adversely affect the demand for propylene carbonate during the forecast period.
Asia Pacific Expected to Lead Global Propylene Carbonate Market
- Increase in demand for paints and coatings products owing to the growth in construction and renovation industries is expected to augment the propylene carbonate market in Asia Pacific in the near future
- Asia Pacific is projected to constitute major share of the global propylene carbonate market during the forecast period. China has strong presence of major paints and coatings manufacturers.
- Rise in infrastructure development projects in emerging economies such as South Korea, India, and Indonesia is fuelling the demand for paints and coatings products across the region. These factors are anticipated to boost the propylene carbonate market in the next few years.
- The market in North America and Europe is expected to expand at a moderate pace during the forecast period. Increase in disposable income of consumers in the U.S., Germany, France, and the U.K. is projected to drive the propylene carbonate market during the forecast period.
- Propylene carbonate is widely used in hair care, cosmetic, and personal care products across the globe. This is anticipated to boost the global propylene carbonate market in the near future.
- The market in Latin America & Middle East & Africa is anticipated to expand at a sluggish pace due to the limited presence of technology and manufacturing companies in these regions
Key Players in Market
Large numbers of companies operate in the global propylene carbonate market. Prominent manufacturers of propylene carbonate include:
- BASF SE
- Huntsman International LLC
- LyondellBasell Industries Holdings B.V.
- Anmol Chemicals Group
Barium, a chemically inert and dense mineral, is used in a number of end-use industries.
It is also quite interesting to note that not only are certain areas identified as hotbeds of exploration, they are also highly productive.” Some of these are the Mediterranean region, Africa, and Latin America.In terms of BOE (Barrels of Oil Equivalent), the new regions show a performance of 26 discoveries - 100 BOE, out of the 12.2 billion barrels BOE discovered in 2019.
This shows how conventional discoveries are moving on a high trajectory.The study report on the global barite market, prepared by Transparency Market Research states that the market would chart a decent CAGR (Compound Annual Growth Rate) of 4.8 percent – in the period 2018-2026 Request Sample pages of premium Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=2404Consolidated Vendor Landscape to Mark Global Barite Market over the Forecast PeriodThe competitive landscape of the global barite market is consolidated and the trend will continue over the forecast period.
Apart from improving the product quality, players are looking to work with different grades in order to widen the scope of applications.Some of the players that are seen as high performers in the global barite market include Spectrum Chemical Manufacturing Corporation, Deutsche Baryt Industrie, Halliburton, CIMBAR Performance Minerals, New Riverside Ochre Company, Inc., Excalibar Minerals LLC, and Anglo Pacific Minerals, among others.It is pertinent to note here that the top tier players that are operating in the global barite market landscape have a hold on about 55% of the total market share.
It is also important to note that these players are scurrying to improve plant facilities for bettering capacity in terms of production.North America to Show Stellar Performance over the Forecast PeriodDominating the regional landscape of the global barite market, North America will ride to growth on the back of strong presence of key market players and numerous end-use industries in its landscape.
However, market expert’s note, “Oil and gas segment in the region will lose to rubber and plastics over the period to come.”Request for covid19 Impact Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=2404About UsTransparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.Our reports are single-point solutions for businesses to grow, evolve, and mature.
The global electrical appliances market was valued at around US$ 685 Bn in 2016 and is anticipated to register a CAGR of ~7% from 2017 to 2025, according to a new report by Transparency Market Research (TMR) titled “Electrical Appliances Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.”Electrical appliances are defined as devices which use electricity to perform specific functions.
A wide range of such appliances is available from refrigerators, wine-coolers, washing machines, tumble dryers, vacuum cleaners, steam mops, shavers, trimmers and water heaters to air conditioners, air coolers, heaters, fans, rice cookers, bread makers, toasters, irons, and juicers.
Interpret a Competitive outlook Analysis Report with PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=41387Higher standards of living and availability of lucrative product offers and purchase credit schemes to drive the market for electrical appliancesOne of the primary drivers of the market is higher standards of living, especially in the Asia Pacific region.
The major restraint on the global electrical appliances market is the consistent and considerable R investment required to develop new, more efficient, environment-friendly, smart, and connected appliances.
It is a highly competitive market coupled with increasingly stringent government regulations regarding emissions of environmentally harmful chemicals.
In such a scenario, the constant improvement of products is important, though this is mostly possible only by the larger companies such as Whirlpool Corporation, Haier Group, and LG Electronics Inc.Product differentiation and new product development are expected to be among the available opportunities in the global electrical appliance market during the forecast periodMajor opportunities in the global electrical appliances market exist in product differentiation and new product development.
The global hospital acquired pneumonia drug market has been analyzed by Transparency Market Research (TMR) to give a complete description of the market and its growth in the coming years.
Few vendors are likely to adopt pricing strategies that would increase the competition in the market.Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1881Furthermore, companies are likely to adopt strategies such as high investments to adopt newer technologies, research and development activities, and mergers and acquisitions to strengthen their position in the market.
North America is expected to lead the market during the forecast period.
The presence of large number of vendors has also made the North America market grow distinctively.Request for Analysis of COVID-19 Impact on Hospital Acquired Pneumonia Drugs Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=1881Immunocompromised Patients Are Prone to Acquire Pneumonia from hospitals Patients who have undergone a surgery, are on enteral feeding, or are immunocompromised are more vulnerable to acquiring hospital acquired pneumonia.
The hospital acquired pneumonia is also prevalent among the newborns, as they might suffer from respiratory syncytial virus (RSV) which has been identified as one of the major reason for nosocomial pneumonia.The increasing incidence of hospital acquired pneumonia has pushed the government to take effective and strict measures that can address the root cause of these types of infections.
The factors that create an unhealthy environment are often caused due to inadequate financial resources, poor infrastructure, and over-crowded hospitals that increase the chances of communicable diseases.
Upper respiratory tract infection (URTI) is a medical condition caused by acute infection that involves parts of the upper respiratory tract such as larynx or pharynx, sinuses, and nose.
Pharyngitis, sinusitis, laryngitis, tonsillitis, common cold, and otitis media are some of the most common upper respiratory tract disorders.
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The global upper respiratory tract infection treatment market is expected to expand substantially, due to an increase in the incidence of respiratory disorders across the globe.
However, side effects of NSAIDs are expected to impact the growth of this market.
Transparent Market Research (TMR) reflects the competitive landscape of the global pharmaceutical chemical spread across the globe.
New strategies are expected to be introduced to penetrate into the market.
Rising population and low mortality rate seems to be the reason for lucrative growth in the healthcare sector.
Swell in the geriatric population calls for increase in healthcare facilities.
Global pharmaceutical chemical market is projected to be flourishing in coming years due to rise in demand for drugs for non-communicable diseases.
However, developments in all the fields of healthcare facilities and rising geriatric population is projected to inflate the global pharmaceutical chemical market.Request for covid19 impact analysis –https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=37685Disease Oriented Treatment to Push GrowthVarious therapy based applications are expected to increase the demand for global pharmaceutical chemical market.
Asphalt Additives Market: Key HighlightsThe global asphalt additives marketwas valued at ~ US$ 3.5 Mn in 2018, and is projected to expand at a CAGR of ~ 6% from 2019 to 2027.
Emerging warm mix asphalt (WMA) technology is anticipated to augment the global asphalt additives market during the forecast period.Asia Pacific was the leading region of the global asphalt additives market in The Asia Pacific asphalt additives market is estimated to continue its dominance in the global asphalt additives market during the forecast period.Key Drivers of the Asphalt Additives MarketThe demand for asphalt in road construction is expected to be driven by increasing environmental funding, legislative pressure to improve infrastructure, and growth in non-building construction activities, particularly in the highway & street segment.The demand for paving asphalt used in highways and streets has been rising, owing to the increase in government funding and growth in highway and street construction activities.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=3238Shift in Focus Toward Bio-based Additives to Offer Attractive OpportunitiesBio-based additives are defined as additives made from biological sources.
Manufacturers are increasingly using eco-friendly products, owing to the rise in the awareness about the environment among consumers.Availability of Alternatives for Asphalt to Hamper the Asphalt Additives MarketBricks, pavers, cobblestone, concrete, permeable paving, gravel, and cement are some of the substitutes that are being increasingly used in place of bitumen.
Concrete is a highly employed product in the construction and maintenance of roads.The governments of several countries have been preferring the usage of concrete and cement for paving roads since the last few years.
This is expected to hamper the asphalt additives market.Asia Pacific Dominates the Asphalt Additives MarketAsia Pacific is expected to continue being a prominent market in the global asphalt additives market during the forecast period.
