Thermoplastic Vulcanizates (TPV) Market In-Depth Research by Major Companies

This research report on thermoplastic vulcanizates market is a diligent compilation of data garnered from independent primary and secondary research phases. Secondary research in the thermoplastic vulcanizates market report usually revolves around in-depth analysis of credible resources, which include newspapers, journals, trade magazines, paid data sources, and others. Primary research for thermoplastic vulcanizates market report is all about interaction with industry experts, which gives the report an edge in terms of credibility.

According to a new study of Fact.MR, sales of thermoplastic vulcanizates (TPVs) are expected to exceed 388 thousand tons in 2018, and record a Y-o-Y growth at nearly 4.5% in 2019. Growth of the thermoplastic vulcanizates industry remains driven by a slew of factors, which range from robust requirement for lightweight materials with superior performance characteristics, to government regulations and initiatives in enhancing the vehicle fuel efficiency & economy.

Key Growth Drivers of Thermoplastic Vulcanizates Market

• Demand for thermoplastic elastomers (TPE) is on a significant rise, owing to growing use across automotive, fluid handling, consumer goods, and medical applications. Thermoplastic vulcanizates are estimated to emerge as one of the highly-desired TPE products through 2027, thereby driving thermoplastic vulcanizates market.


• Ever-increasing demand for lightweight materials with superlative properties, notably from industries like automotive, is fuelling investments in thermoplastic vulcanizates market.


• Rising government initiatives to promote usage of engineering plastics across various end-use industries is creating favorable grounds for adoption of thermoplastic vulcanizates, thereby propelling growth of thermoplastic vulcanizates market.

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In Brief

• The thermoplastic vulcanizates market grew at over 5% in 2018. Growing trend of replacing metals with lightweight engineering plastics, such as thermoplastic vulcanizates, across various end-use verticals is driving growth.


• Use of thermoplastic vulcanizates (TVPs) for automotive exterior applications is likely to gain an uptick during the forecast period. Ranging from weather seals to glass run channels, thermoplastic vulcanizates are used in various automotive exterior parts for aesthetic, functional, and performance benefits.


• North America will continue to be the leading market for thermoplastic vulcanizates, given that the United States continues to be one of the largest consumers of thermoplastic vulcanizates globally.


• East Asia is poised to emerge as one of the high-growth markets for thermoplastic vulcanizates, with China being one of the major consumers of TVPs, followed by South Korea. Gains in these flourishing East Asian nations will be further underpinned by drastic makeover of the regional industrial paradigms that will sustain high demand for high-quality engineering plastics.

The study finds that challenges prevail in the processing of standard thermoplastic elastomers, however the belief that greater difficulty in processing entails greater utility among manufacturers continues to underpin their demand and adoption in the market. Presence of cross-linked phase imparts TPVs with high melt viscosity, entailing the need for shear control, which in turn remains one of the key concerns among the thermoplastic vulcanizates market players.

According to the study, leading players in the thermoplastic vulcanizates market are making significant investments in R&D activities for achieving superior properties and extending the application scope of TPVs. As TPV manufacturing giants are putting significant efforts to tap latent opportunities in the high-growth markets, prospects remain promising for thermoplastic vulcanizates market players.

This Fact.MR study offers a long-term forecast of the thermoplastic vulcanizates market for the period between 2019 and 2027. The thermoplastic vulcanizates market is projected to record a CAGR of nearly 5% through 2027.

Thermoplastic Vulcanizates Market – Competitive Landscape

Celanese Corporation

Brand: Forprene

Founded in 1918, Celanese Corporation has its official headquarters in Irving, Texas. The company manufactures and commercializes thermoplastic vulcanizates for applications such as automotive, consumer applications, construction, and others. The company offers a broad portfolio of products with robust R&D capabilities to cater to the ever-evolving consumer needs & preferences.

Mitsubishi Chemical Corporation

Brand: Trexprene

Founded in 1934, Mitsubishi Chemical Corporation is one of the leading manufacturers of thermoplastic vulcanizates for use across home appliances and automotive applications. As one of the chief subsidiaries of Mitsubishi Chemical Holdings Corporation, the company extensively focuses on R&D to come up with new technologies to cater to the diverse demands of various end-use industries.

Other players profiled in the thermoplastic vulcanizates market report are Exxon Mobil Corporation (Santoprene), Mitsui Chemicals, Inc., (MILASTOMER), Teknor Apex (Sarlink), Celanese Corporation (Forprene), Kraton Polymers (Kraton G), DuPont (DuPont ETPV), Alfagomma (Alfater XL)

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Colloidal Silica Market Assessment and Forecasts Illuminated by New Report

Global sales of colloidal silica is estimated to surpass 403,700 tons through 2029, says the recently published report by Fact.MR. Increasing requirement for effective binders is estimated to load the dice in favor of liquid silicon dioxide applications across an umpteen number of applications, including coatings, electronics, construction, thereby creating sustained opportunities for the colloidal silica industry.  According to the research study, electrical equipment & electronics industry will continue to sustain high demand for colloidal silica Market, for the fact that colloidal silica plays a critical role in producing flat and uniform water surfaces during production of electronic & electrical devices.

“Colloidal silica also serves as a final polishing additive and a rough surface remover in the electronics & electrical equipment space, thereby eliminating the necessity of other steps of surface preparation. Moreover, adoption of colloidal silica will also continue to scale up in the construction space, for the fact that colloidal silica holds the potential to breathe life into durability and strength of concrete mixtures”, says the Fact.MR report.

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In Brief 

• Global sales of colloidal silica were valued at over US$ 800 Mn in 2018, with gains primarily driven by growing applications in coatings, electronics, and construction industries.


• End-users continue to show a marked preference for colloidal silica of size up to 50 nm, in light of their clear dispersions and larger specific surface areas.


• East Asia will remain the leading market for colloidal silica, which can be attributed to the resurgence in construction activities that create a significant demand for coatings and paints.


• South Asia is expected to be the high-growth market for colloidal silica, with sales estimated to record a Y-o-Y growth at over 6% in 2019 over 2018.

Table of Content

1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Opportunity Assessment- Winning & Loosing Components
1.5. Proprietary Wheel of Fortune
1.6. Fact.MR Analysis and Recommendations
2. Market Overview
2.1. Market Introduction
2.2. Market Definition
2.3. Market Taxonomy
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
3.3. Mega Trends
4. Market Background
4.1. Global Specialty Silica Industry Outlook
4.1.1. Introduction
4.1.2. Market Size and Forecast
4.1.3. Y-o-Y Growth Comparison
4.2. Macro-Economic Factors
4.2.1. Global GDP Growth Outlook
4.2.2. Global Chemical Industry Growth Outlook
4.2.3. Global Coating Industry Growth Outlook
4.2.4. Global Construction Sector Growth Outlook
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunity Analysis
4.3.4. Market Trends
4.4. Value Chain
4.4.1. List of Key Manufacturers
4.4.2. List of Key Brand Owners
4.4.3. Brand Owner and Manufacturer
4.4.4. List of Channel Partners
4.4.5. Operating Margins
4.4.6. Notes on Value Added at Each Node in the Value Chain
4.5. Forecast Factors - Relevance & Impact
4.5.1. End-Use Industry Impact Analysis
4.5.2.  Urbanization Growth Outlook

To Be Continue............

 Key Growth Drivers of Colloidal Silica Market? 

• Colloidal silica continues to gain high traction as the preferred abrasive in the chemical mechanical planarization (CMP) applications, in light of its key attributes that include good stability, and adjustable particle size distribution. Recent research efforts toward development of the colloidal products with tunable chemical and physical properties will pave lucrative avenues for the colloidal silica industry.


• There has been a marked rise in adoption of colloidal silica in the automotive industry, for manufacturing of tires with decreased rolling resistance to improve vehicle handling and mileage. Additionally, the growing trend of green tires has augured well for sales of colloidal silica worldwide.


• Stringent government regulations on the use of protective coatings have fueled the use of green coatings in the automotive industry, which continues to favor the colloidal silica industry.

Acidic Vs. Alkaline – Gains Remain Marginally Competitive

According to the report, end users will continue to show high preference for acidic colloidal silica. With a market share of over 50% in 2018, acidic colloidal silica will remain the highly-preferred formulation type, owing to its exceptional stability. However, the report also finds a gradual leaning towards alkaline colloidal silica and this inclination is likely to gather significant momentum over the years.

Key players are focusing on establishment of new production and R&D facilities across multiple regions, with a sole objective of catering to regional demands and expanding their geographical reach. For instance, W. R. Grace & Co. flagged off the construction of its new colloidal silica plant at its exclusive European flagship R&D and manufacturing facility in Worms, Germany. The establishment of this new plant will amplify Grace’s technology paradigms and boost the company’s production capability & flexibility. In addition, key companies are also offering custom-made colloidal silica in line with customer requirements and specifications, which will further solidify their product portfolios.

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N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide Market Research Report

A new study by Fact.MR finds that worldwide sales of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide were in excess of 11,500 tons in 2018, and are estimated to register a Y-o-Y growth of over 4.0% in 2019. The N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide Market remains influenced by a slew of factors such as growing demand for zeolites in which the chemical is leveraged as a structure directing agent (SDA).

 Key Growth Drivers of N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide Market?

• Latest trends in the semiconductor industry - artificial intelligence, IoT devices, and robust digital supply networks - drive the demand for N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide as suitable raw materials for manufacturing advanced microchips and facilitating miniaturization of devices.


• Adoption of N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide, used as a structure directing agent (SDA), is anticipated to grow for the synthesis of sophisticated zeolites. This will aid in achieving a substantial reduction of NOx emissions in diesel engines, as environmental sustainability nudges the government to legislate stringent regulations. The growth in commercial vehicle production and automotive industry will remain a goldmine of opportunities for players in the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market.


• Demand for N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide will gain an impetus along the way as application of zeolite widens with opportunities in the surfactants industry for manufacturing of detergents and industrial cleaners.

Chapter wise Analysis

Chapter 1 – Executive Summary
The report begins with an executive summary that sets the tone of the study by offering an introduction of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market. This section summarizes the key findings, statistics, and key suits followed by the chemical industry.

Chapter 2 – Market Overview
The section of the report offers comprehendible information about the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market by introducing the market and defining its taxonomy.

Chapter 3 – Key Market Trends
This chapter of the report analysis and puts forth insights into the significant trends influencing the growth of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market. Product innovation and latest trends witnessed in the market are also discussed in this section.

Chapter 4 – Key Success Trends
An analysis of the adoption of products and their usage trends is studied in this chapter. Various unique selling propositions and features of the products are included in this section.

Chapter 5 – Market Background
This sections offers a detailed outlook on the influence of chemical, surfactants, and coating industry on the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market. Several macro- and microeconomic growth determinants of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market are covered in this section.

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Molecular Sieve Template Agent Remains the Key Application of N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide

The study finds that adoption of N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide as a molecular sieve template agent is expected to remain high, with sales estimated to account for nearly 60% market shares. High adoption of the chemical used as a structure directing agent in the manufacturing of zeolites, is upheld by its demand in the automotive industry for complying with emission control norms. Effectiveness of zeolites to engender novel lighting technologies remains one of the lesser tapped applications, which remains a key exploration area for the market players.

Mid-sized players continue to consolidate their position in East Asian nations, such as China, where demand remains unabated from across a range of industries, including paints & coatings, electronics, automotive, and semiconductors. Gains remain steady from the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market in China, as the country is home to several manufacturing facilities for players in these industry sectors. N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide sales in China were estimated close to 2,000 tons in 2018.

The report also finds that end-users continue to show a marked preference for N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide solutions (25%), with sales accounting for approximately 70% shares. The attractiveness of solution-based formulations is here to stay, in light of its convenience in handling and usage accuracy.

This Fact.MR report a long-term forecast of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market for the period between 2019 and 2029. The N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market is projected to record a CAGR of over 4% through 2029.

The companies profiled in this comprehensive study includes SACHEM Inc., Anhui Super Chemical, Hangzhou ICH Biofarm, Sichuan Zhongbang Tech, Tatva Chintan Pharma Chem Pvt. Ltd., Cangzhou Sunheat Chemicals Co., Ltd., and Chang Chun.

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Sodium Formate Market Classification, Applications, Status and Forecast 2019 to 2029

An extensive methodology and a holistic approach lay the foundation of the incisive insights on the sodium formate market landscape. The Fact.MR report provides exhaustive information pertaining to the growth prospects of sodium formate industry along with intriguing insights into the projection analysis of the market. Extensive primary and secondary research underpins the collection of actionable insights on the sodium formate market. The report on sodium formate market has also undergone cross-validation to certain the delivery of precise information to the market enthusiasts.

Global consumption volume of sodium formate neared 640 thousand tons in 2018, according to a recent research study of Fact.MR. Highly influenced by a couple of strong restraining factors, the global sodium formate consumption volume is likely to record a mere 2.5% Y-o-Y growth in 2019. Strengthening sustainable raw material pricing strategies will remain among the key actionable areas for leading stakeholders in the sodium formate market, in addition to leveraging the traction witnessed for high-efficiency de-icing agents.

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Table of Content

1. Executive Summary

    1.1. Summary of Key Findings

    1.2. Summary of Statistics

    1.3. Mega Trend in Chemical Industry

    1.4. Fact.MR Analysis and Recommendations

2. Market Overview

    2.1. Market Introduction

    2.2. Market Definition

    2.3. Market Taxonomy

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Development Trends

4. Market Background

    4.1. Global Chemical Industry Outlook

        4.1.1. Chemical sales by region

        4.1.2. Top 10 countries in the chemical market

    4.2. Sodium Formate overview

        4.2.1. Manufacturing process

    4.3. Global Oil & Gas Industry Overview and Outlook

        4.3.1. Total Proved reserves of Crude Oil

        4.3.2. Global Crude Oil production

            4.3.2.1. By Region

            4.3.2.2. By key countries

    4.4. U.S. Historic & Current Oil & Gas production scenario

        4.4.1. Rig count

    4.5. Crude Oil Price Movements

        4.5.1. WTI price movements

        4.5.2. Brent price movements

    4.6. Regulatory Framework

    4.7. Forecast Factors - Relevance & Impact

        4.7.1. Global GDP outlook

        4.7.2. Global Chemical industry outlook

        4.7.3. Population growth estimates

    4.8. Value Chain Analysis

        4.8.1. List of Key Manufacturers

        4.8.2. List of Distributors

        4.8.3. List of End-users

        4.8.4. Value added at each node

    4.9. Market Dynamics

        4.9.1. Drivers

        4.9.2. Restraints

        4.9.3. Opportunity Analysis

Key Growth Determinants - Sodium Formate Market

• Sodium formate has been lately witnessing increasing applicability in leather tanning formulations owing to its abilities to catalyze penetration of chrome in leather and add value to the end product’s quality. South Asia’s high-growth potential for sodium formate market banks on expansion of India’s leather industry. The market in this region is estimated to see a relatively higher, 3% Y-o-Y growth in 2019 over the revenues attained in 2018.


• There has been a considerable rise in adoption of solid form of sodium formate as a sustainable and effective de-icing solution, particularly for airport runways. When mixed with reliable corrosion inhibitors and other additives, sodium formate demonstrates brisk penetration into snow and solid ice layers surfacing concrete structures. A mass shift to biodegradable de-icing solutions is likely to favor sales of sodium formate in years to come.

Sodium Formate Market in Numbers

• Predominantly averted by widespread availability of economically favorable alternatives, sodium formate sales have been sluggish over the recent past.


• Between 2013 and 2017, the global sodium formate market growth registered below 2% CAGR.


• Global sales of sodium formate exceeded US$ 210 Mn in 2018, and are expected to observe 2.8% CAGR through 2028, prominently driven by the sustained demand in production of sodium hydrosulphite – a popular bleaching agent used in paper and pulp industry.


• Europe is likely to remain the leading market for sodium formate, upheld by the strong presence of leading players and rising sodium formate adoption for de-icing applications at airport runways.


• In the light of increasing sustainability quest, the eco-friendly attribute of sodium formate is anticipated to help manufacturers pinpoint the most profitable opportunities.

 

Sodium Format Landscape - Competition Analysis

According to the Fact.MR study, consolidation of market leaders is characterizing the global competition landsacape of sodium formate market. While the key companies actively operating in sodium formate marketplaces are focused on retaining their global footprint on the basis of stronger sales strategies, improvement of their regional foothold will remain highly influenced by application-specific strategies. For instance, the European market for sodium formate has been recently observing prioritization of sodium formate production capacity expansion by regional leaders, who are keen on tapping the escalating demand for sustainable de-icing solutions for airport runways, bridges, and other structures within the region that always demand an effective de-icing treatment. On the other hand, followers in the competition landscape are likely to majorly rely on strategic partnerships to achieve a dual objective of enhanced manufacturing output and business expansion.

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