Polybutylene Terephthalate (PBT) Market Foraying into Emerging Economies 2018 to 2027

Fact.MR has compiled a new study on the PBT market and published a report titled, “PBT Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027.” The PBT market report covers all the vital facets of the market including chemical industry landscape, PBT production data, PBT consumption trend and raw material landscape. The PBT market report also covers the market drivers, restraints, trends and opportunities that hold significant influence on the growth of the PBT market during the forecast 2018-2027.

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PBT Marketplace Witnesses Improved Formulations for Efficient Laser Transmission Welding

Laser transmission welding is gaining center stage with the technique’s growing importance in commercial production of compact plastic parts used across industries including automotive, electronics and consumer electronics. Optical properties of plastic combined with process parameters determine the efficiency of laser transmission welding. Lower transparency of PBT has hindered optimum optical transmission, thereby resulting in low quality laser transmission welding.

In the past decade, there have been significant strides in the PBT marketplace wherein PBT manufacturers have ramped up their efforts to increase the transparency of PBT. Leading providers of polybutylene terephthalate have introduced PBT resins with improved transparency and optical properties that deliver better results in laser transmission welding.

Growing Applications in Automotive Sector to Sustain Future PBT Demand

Plastic polymers have become an integral part of automobiles wherein increasing demand for fuel efficiency, comfort and light-weight has further increase reliance on the plastic polymers. PBT remains the preferable choice of material for multiple electric components used in automobiles including connectors, sensors, control devices, switches, power sockets and transformer insulation.

In addition, increasing production of electric vehicles has generated the need for highly efficient and compact-sized electric components. Owing to PBT’s beneficial electrical, chemical, thermal and mechanical properties such as dimensional stability, high stiffness, and greater heat resistance, demand for PBT in the automotive sector is set to rise in the future.

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Segmentation

The PBT market is carefully categorized into segments based on PBT production, consumption and end-user applications. The market structure thus derived includes PBT market segmentation based on applications and regional analysis.

Based on application, the PBT market is categorized into electrical & electronics, automotive, consumer appliances, industrial, extrusion and others. A thorough analysis of these applications across regions and their market size forecast in terms of value and volume are covered.

The PBT market structure also covers market analysis for key global regions including North America, Latin America, Europe, Japan, APEJ and MEA. Each region is studied for consumption of PBT across applications as well as in key countries. Thorough country-wise analysis as such delivers the most credible and go-to forecast of the PBT market.

Competitive Landscape

The PBT market report provides the most comprehensive analysis of the competitive landscape prevailing in the PBT marketplace. A thorough discussion on the PBT market players’ business strategies enables the readers to fathom the product offerings of different market players, the market size of key players and competitive scenario in the PBT marketplace.

Key companies profiled in the PBT market report include BASF SE, Chang Chun Plastics, DSM Engineering Plastics, Lanxess AG, DuPont, SABIC, Mitsubishi Chemical, Polyplastics, Shinkong Synthetic Fibers, Celanese Corporation, Toray Industries, SipChem and others.

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Coating Additives Market Projected to Discern Stable Expansion During 2018 to 2027

The Fact.MR research study on coating additives market provides ground-breaking insights on the coating additives market, which equips the readers with the ability to make fact-based decisions to expand in coating additives market. The report on coating additives market elaborates on the growth prospects, untapped opportunities, and overarching trends pushing transformations in the coating additives market. The report on coating additives market presents unmatched and unbiased information on the coating additives market landscape, which helps the readers with investment-making ideas.

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Demand for Rheology Additives Proliferates, Need for Enhancing Properties of Formulation-based Products Providing a Fillip

Rheology modifiers are used across multiple industries, notably cosmetics and paints. They are widely used for scaling up system viscosity – and thereby ameliorating crucial aspects such as storage stability and film thicknesses.

The demand for rheology additives is witnessing a spike as manufacturers focus on making quality upgrades, such as making fluids less prone to dripping, upgrading their textural profiles, and extending their shelf life.

Flow behavior remains one of the most important and highly-valued features in case of coating compositions, which is immensely taken care of by the rheology additives. With flow behavior of coating compositions having deep-rooted influences on their application and film formation, the demand for rheology additives is foreseen to rev up by a notable margin.

Functional Requirements for Interior and Exterior Architectural Coatings Spur Demand

Performance requirements hold high significance in case of interior as well as exterior architectural paints. These requirements are dynamic and they vary in accordance to the designated areas of application. Architectural coatings make up more than half of the entire coatings market, ranging from wall paints for the interior to decorative coatings for the facade.

The texture and quality demanded of the coating in architectural coatings, however, varies from professional to craftsmanship applications. The importance of additives in accomplishments as such remains undeniable, which is fostering its demand in case of interior and exterior architectural coatings.

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Orientation toward Sustainable Practices and Cost Reduction Bolsters Adoption

Sustainability, often perceived as an imprecise term, has a different meaning and importance for different constituencies. In case of the painting and coatings industry, the “cradle to grave” concept is followed in order to determine product sustainability.

A set of considerations form the essence of this concept, such as minimum energy use for manufacturing, use of renewable raw materials, enhanced waste reduction, and improved product recycle potential. This concept also encourages the influx of new varieties of resins and additives, creating favorable circumstances for the coating additives market.

Furthermore, cost reduction also remains a key area in case of manufacturing ecosystems. It can not only be achieved through raw material savings, but also by reinvigorating the efficiency that is enabled by inclusion of innovative materials, with additives being one of them.

Volatility in Raw Material Prices Prevails as the Key Growth Impediment

Volatility in raw materials remains one of the key factors posing major challenges for manufacturers in the coating additives market space. Several chemicals that are utilized in the manufacturing process of functional additives for coating are fundamentally crude oil derivatives. The oil and gas industry remains one of the principal suppliers for raw materials, such as phenols and aromatic amines, for manufacture of functional additives.

Fluctuations in case of crude oil prices remain have profound influences on the prices of raw materials meant for functional additives manufacture. This volatility of raw material prices affects the costs of functional additives, which poses major challenges for the manufacturers apropos of gaining revenue benefits.

Coating Additives Market- Competitive Landscape

The competitive landscape section in the coating additives market report includes details about the key players having stronghold in the coating additives market. Moreover, this section also talks about the key developments of these leading market players of coating additives market including their revenue footprints.

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Metal Packaging Coatings Market Expansion Projected to Gain an Uptick During 2018 to 2027

The main objective of the Fact.MR report on metal packaging coatings market is to provide readers with unique and actionable insights on market scenario, market dynamics, demand generators, as well as important factors impeding growth of the metal packaging coatings market. The Fact.MR study provides readers with useful insights on lucrative opportunities for stakeholders, recent developments, and growth prospects of the metal packaging coatings market. Accurate and reliable qualitative and quantitative conclusions about the growth of the metal packaging coatings market are featured in the Fact.MR report on metal packaging coatings market.

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Packaging Industry Shifting Away from BPA to Metal will Bolster Applications of Metal Packaging Coatings

Bisphenol A (BPA) is an industrial chemical, which is a structural component in a variety of plastic packaging materials, such as polycarbonate bottles. However, with awareness about the migration of BPA from food-contact materials in food products and its impact on human health, various governments have imposed regulations to limit the use of BPA in food packaging. For example, the Commission Regulation (EU) 2018/213 was recently published by the European Commission to restrict the use of BPA in plastic food contact materials.

Such regulations on the use of plastic packaging materials containing harmful chemicals, such as BPA, are resulting in most packaging industry players transitioning towards using metal packaging materials. In addition, the heightened interest of consumers in safer food contact materials is boosting applications of metal packaging coatings in most packaging solutions.

Thereby, metal packaging coating market players are capitalizing on the burgeoning demand for metal packaging solutions in several industrial verticals. Manufacturers in the metal packaging coatings market are also focused on limiting the use of epoxy resins, which also contain a significant amount of BPA, to offer safer and high-quality metal packaging coatings in coming future.

Negative Impacts of Epoxy Resins in Metal Packaging Coatings on the Health will Limit its Applications

Epoxy resins find numerous industrial applications, including metal packaging coatings, and these epoxy resin coatings are commonly used in packaging materials for food and beverage products. However, consumers are becoming aware of the toxicity of epoxy resins when they come in contact with food, as it consists of the harmful chemical – BPA.

Furthermore, as epoxy resins are solvent-based resins, excessive exposure to epoxy resins in metal packaging coatings can pose serious risks to human health. Metal packaging coatings manufactured using epoxy resins fail to protect the packaging material, especially steel, from reverse impacts. Thereby, epoxy resins exhibit relatively lower efficiency if compared to other types of resins used in metal packaging coatings, which may result in a slump in demand for epoxy resins-metal packaging coatings in the upcoming years.

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Growing Importance of Packaging Aesthetics Trigger Demand for Metal Packaging Coatings for Decoration

The packaging industry is gaining momentum, which is mainly attributed to the increasing growth of the e-commerce sector, and demand for innovative packaging materials to improve sales of packaged goods has been on the rise ever since. Taking into account the positive impact of attractive packaging outlook on the purchasing decisions of consumers, players in the metal packaging coatings market are introducing innovative, decorative coatings for metal packaging solutions.

Metal packaging coatings market players are likely to introduce high-quality, durable, and safer metal decorating coatings and inks to enhance the outer appearance of packaging solutions. With growing awareness about how packaging design influences consumer behavior, demand for decorative inks and coatings for metal packaging is expected to drive a popular trend in the metal packaging coatings market in the foreseeable future.

Competitive Landscape

The Fact.MR report provides comprehensive information about the leading players in the metal packaging coatings market in its competitive landscape segment. This chapter includes detailed information about each stakeholder in the metal packaging coatings market, and the information includes key financials, recent strategies, and SWOT analysis of each player in the metal packaging coatings market. The metal packaging coatings market players featured in the Fact.MR report include PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Co., RPM International Inc., Nippon Paint Holdings Co., Axalta Coating Systems, BASF Coatings GmbH, Kansai Paint Co. Ltd., Behr Process Corp., Benjamin Moore & Co., and Nippon Paint (USA).

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Polyester Filament Market Poised to Garner Maximum Revenues During 2018 to 2027

The report on the polyester filament market focuses on the all the factors influencing the polyester filament market growth. The study also provides actionable and valuable insights on the market. Historical data and forecast on the polyester filament market is also included in the report. The report provides details on the market dynamics including key trends, growth opportunities, market driving factors, and restraints in the polyester filament market.

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The polyester filament market report also provides an overview of the market including important information on the current scenario in the polyester filament market, along with the segment-wise and region-wise analysis. The report also elaborate market demand, company competition and factors influencing price and sales of polyester filament globally.

Growing Permeation of Textile Materials in Healthcare

Textile materials are widely adopted in medical and surgical applications. Research utilizing new and existing materials is leading to the advancement of surgical and medical textiles. Biodegradability, flexibility, and softness are at the forefront of medical textile development.

The demand for textile in implantable devices is growing significantly. Polyester is emerging as the major material in medical textile implant devices. Materials including polyester low-density filaments and polyester multifilament are largely used as textile medical implants for artificial tendon, heart valves, vascular grafts, artificial ligament, etc.

Owing to the good mechanical and chemical properties, and low moisture absorption, polyester filament sales is high in artificial grafts. Polyester filament is emerging as a chief substitute for cotton in healthcare uniform market. 100% polyester is considered as sustainable alternative to polyester-cotton blended fabrics. Owing to its easy recyclability, comfort, and lowest survival of harmful micro-organisms on surface of polyester as compared to cotton.

Apparel and Home Furnishing Production to Undergird Demand for Polyester Filament

Polyester textile filament is a main category of polyester filament finding wide usage in textile and fabrics production used to produce apparel, footwear, and home furnishing. The demand for polyester filament is growing rapidly compared to natural filament in apparel production owing to its durability, wrinkle resistance, minimal shrinkage, and high color retention.

Northeast Asia is the focal point of world’s polyester filament yarn production, with demand largely driven by textile industry in India and China. Polyester filament is overtaking cotton as the dominant fiber in home furnishing industry with new interior designing concepts and growing urbanization, especially in developing countries.

Polyester filament demand in home furnishing and apparel industry will continue to be strong in the coming years. Polyester filament yarn is largely used as a substitute to cotton yarn owing to the short supply and high cotton prices, and constant improvement in manufacturing technologies of polyester filament.

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Adoption of High-performance Resins to Boost Quality of Metal Packaging Coatings – A Key Trend

On account of the positive prospects of the metal packaging coatings market, leading manufacturers are aiming to discover novel materials and resins to introduce more innovative products to boost profitable sales. Chemical resistance, better sterilization, superior performance, and barrier properties are among the important characteristics of metal packaging coatings that leading manufacturers are aiming to deliver.

In order to introduce more innovative and superior quality of metal packaging coatings, manufacturers are focusing their efforts on enhancing various resin properties, such as solubility, toughness, corrosion protection, flexibility, and compatibility with other materials. With the ever-growing competition in the metal packaging coatings market, leading players are likely to invest heavily in R&D for the development of high-performance resins in order to further boost the quality of metal packaging coatings.

Growing Importance of Packaging Aesthetics Trigger Demand for Metal Packaging Coatings for Decoration

The packaging industry is gaining momentum, which is mainly attributed to the increasing growth of the e-commerce sector, and demand for innovative packaging materials to improve sales of packaged goods has been on the rise ever since. Taking into account the positive impact of attractive packaging outlook on the purchasing decisions of consumers, players in the metal packaging coatings market are introducing innovative, decorative coatings for metal packaging solutions.

Metal packaging coatings market players are likely to introduce high-quality, durable, and safer metal decorating coatings and inks to enhance the outer appearance of packaging solutions. With growing awareness about how packaging design influences consumer behavior, demand for decorative inks and coatings for metal packaging is expected to drive a popular trend in the metal packaging coatings market in the foreseeable future.

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CHPTAC Market Augmented Expansion to be Registered by 2027

Chemical pulps are considered superior to chemi-mechanical or mechanical pulps in the manufacturing of high-quality paper, a key factor bolstering the adoption of 3-chloro-2-hydroxypropyltrimethyl ammonium chloride (CHPTAC) in the paper and pulp industry. The effectiveness of cationized natural polymers in improving the properties and quality of paper is influencing adoption of CHPTAC in cationizing chemi-mechanical pulps during the manufacturing of high-quality paper.

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CHPTAC manufacturers are capitalizing on the rising demand for retention agents, especially organic compounds and cationic substances including polyamines, in various papermaking processes. As CHPTAC provides promising solutions to the evolving needs for high-quality paper, the CHPTAC market is expected to benefit from the incremental growth of the paper and pulp industry in the upcoming years.

Hazardous Effects of Excessive Exposure to CHPTAC on Human Health Impeding Sales

Though CHPTAC is a non-combustible chemical, it releases flammable and toxic vapors on heating. The dermal and inhalation exposure to CHPTAC during its production, end-uses, and loading operations can have a negative impact on human health. In addition, albeit minor, there is a possibility of consumer exposure to CHPTAC through residues present in end-user products, such as cosmetics, newsprint, copy paper, and food contact materials, which are manufactured using cationic starch or proteins. Growing awareness about the potential risks associated with dermal and inhalation exposure to CHPTAC may hamper its applications, in turn, impacting growth of the CHPTAC market. Adoption can also be hampered by regulations concerning limited use of CHPTAC in manufacturing a range of products.

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Negative Environmental Impacts of CPHTAC May Restrict its Adoption in Industrial Applications

Despite the burgeoning use of CPHTAC in wastewater treatment services, various governmental organizations have declared it as a harmful chemical for the environment. For example, according to the National Institute for Occupational Safety and Health (NIOSH), CPHTAC is hazardous for aquatic organisms and can have a long-term impact on the aquatic environment. Various governmental organizations and regulatory bodies have advised refraining the use of CHPTAC in a way that releases the chemical in the environment. This may hamper the demand for CHPTAC in various industrial applications, thereby, impeding growth in the future.

Regulatory Restrictions Cause a Significant Rise in Manufacturing Cost of CHPTAC

Dermal and inhalation exposures of CHPTAC are mainly possible during its production and loading operations, which leads to the imposition of various occupational regulation on manufacturers in the CHPTAC market. For example, the (International Chemical Safety Cards) ICSC project, which is the undertaking of the International Labour Organization (ILO) and the World Health Organization (WHO), recommends the use of chemical protection suit including self-contained breathing equipment.

Furthermore, stakeholders in the CHPTAC market must conform to the REACH regulations (Registration, Evaluation, Authorisation of Chemicals) developed by the European Commission to enter the European markets. Thereby, occupational safety regulations and labeling requirements may add to the production cost of CHPTAC, making it difficult for CHPTAC market players to maintain competitive prices.

Competitive Landscape

The leading players in the CHPTAC market that are featured in the Fact.MR report are DowDupont Inc., Sachem Inc., SKW QUAB Chemicals Inc., Chemigate Oy, Rouquette Ferez SA, Lotte Fine Chemicals Ltd., Yanzhou Tiancheng Chemical Co., Ltd., Dongying Guofeng Fine Chemicals Co., Ltd., Dongying J&M Chemical Co., Ltd., Shubham Starch Chem (P) Ltd., and Weifang Greatland Paper and Chemicals Co., Ltd.

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