Polythiols Market Future Outlook – Leveraging Opportunities Amidst Waning Demand

The polythiols market is forecast to witness a lower single digit growth rate in the coming years, as indicated by a recent intelligence study of Fact.MR. The report opines that polythiols sales will be sustained by continued demand for epoxy curing agents and expansion of end-use industries.

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Polythiols have been the key thiochemicals with wide applicability in animal feed sector, oil & gas industry, and paints & coatings industry. However, application of polythiols in curing of epoxy resins and chain transfer reactions will remain key contributors to revenue growth of the polythiols market. Sealants currently account for over 45% of demand for polythiols and will remain the key consumer category in polythiols market.

Accounting for over 2/5th of the global polythiols market revenues, East Asia continues to be a lucrative market for stakeholders. Expansion of construction, automotive, and semiconductor industries across the region, particularly in China, Japan, and South Korea, is likely to establish a firm base for sustained adoption of polythiols within the region. While China and India have been high growth markets for construction industry, the smart city initiatives further point to a relatively optimistic outlook of polythiols in the forthcoming years.

One of the raw materials used in manuafcturing of polythiols, 1,8-Dimercapto-3,6-dioxaoctane (DMDO) has recently been gaining momentum in the sealants, coatings, and adhesives landscape. DMDO is highly likley to witness considerably increasing demand owing to attributes, such as less viscosity, reduced gel time, and superior reactivity at lower temperatures. Several manufacturers of polythiols, Arkema being one of the first movers, are preferring DMDO as it allows for generation of new polythiols without ester groups, which is accountable for water resistant abilities of end products.

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In the backdrop of considerably high emission of volatile organic compounds (VOCs) during the production of epoxy resins, manufacturers are embracing the mass shift to bio-based raw materials that can assist a potentially sustainable production of epoxy curing agents. In line with tightening regulatory framework in favor of adopting eco-friendly production process for epoxy curing agents, bio-based raw materials, such as natural polythiols are highly likely to see a heap of new opportunities in market over the course of coming years.

The epoxy curing agents landscape is accelerating its shift to bio-based agents, which is being perceived as a profitable innovation opportunity for stakeholders in the polythiols market. The growth of market will however continue to be restricted by sustained end-use preference to superior alternatives of polythiols. While a majority of the demand for thiochemicals is generated for applications in adhesives, sealants, coatings, animal feed, the report also highlights sustained demand for oil and gas industry related applications. To align the thiochemicals supply with rising demand from various end-use industries, manufacturers operating in thiochemicals industry have been strategizing on production capacity expansion.

For instance, in 2018, Arkema announced the expansion of its thiochemicals production facility based in its Texas plant. The expansion project specifically targets the increasing demand for liner mercaptans from the electronics and transportation industries. The overall production capacity of Arkema’s newly expanded plants is claimed to be upped by 30%. Earlier, in 2017, Chevron Phillips Chemical Company LLC had also expanded the capacity of its Belgium-based plant by debottlenecking theproduction units of ethyl mercaptan (EM) and tetrahydrothiophene (THT). Additionally, key companies participating in the polythiols industry landscape are relying on strategic mergers, acquisitions, and collaborations for a firmer footprint in global market.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Cold Cast Elastomers Market Ongoing Trends and Recent Developments

Elastomers are polymers that are formed by the mixing of metal, wood, and other material with resins. Elastomers can stretch like rubber and then return to their original form when the force is removed. Cold cast elastomers are manufactured at room temperature, and do not require any high temperature for curing. Cold cast elastomers are used in an array of industries which include automobile, aviation, sports goods, oil and gas production, and other manufacturing verticals.

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The cold cast elastomers market remains consolidated, with leading players holding over 40% share of the market. On the other hand, regional and emerging players hold 20-25% and 10-15% share of the cold cast elastomers market respectively. Leading players continue to expand their production facilities, streamline their manufacturing processes, and launch new high-performance elastomer product lines to capitalize on the growing demand for high-functioning elastomers.

Polyurethane continues to remain the most-widely used resin in the cold cast elastomers manufacturing, as it imparts essential properties for elastomers to be classified fit for industrial usage. With social and political pressure regarding environmental degradation on the rise, manufacturers are seeking green alternatives to conventional chemical raw materials for cold cast elastomers. Polyols used for manufacturing polyurethane can be potentially derived from plant or other natural source making the manufacturing process eco-friendly and economical. Another central development that is fuelling the production of polyurethane is its ability to reduce the percentage of carbon dioxide present in the atmosphere. Preference for carbon dioxide containing polyurethane is viewed as a viable solution to prevent and ebb carbon emissions, while improving the chemical, hydrolytic, and temperature resistance of cold cast elastomers.

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Cold cast elastomers have sought widespread industrial use, as these facilitate manufacturing at ambient temperature, depriving the requirement of heat for curation, and optimizing the manufacturing efficiency. The convenience of producing cold cast elastomers with both high and low-pressure mixing equipment, along with their unparalleled advantage in terms of cut & tear resistance, flexibility, and load-bearing capacity, hydrophobic nature, and and grease, compression set, radiation resistance, make it fit for use across a broad array of industrial applications. Additionally, these unparalleled attributes of cold cast elastomers will extensively complement their vitality in construction, aviation, and automobile industries, thereby boosting their production and demand.

Ceaseless efforts of manufacturers toward development of quick and efficient manufacturing processes for elastomers have been driven by increasing demand for elastomeric components across industrial sectors. Exploring potency of Selective Laser Sintering for cold cast elastomer manufacturing, in combination with vacuum casting, has been one of the key focus areas of leading players. This can be primarily attributed to the convenience of the SLS process in time-effective production of complex shapes, devoid of the need for specific mold. Deeming efficiency of SLS combined with vacuum casting for elastomeric component manufacturing, innovative efforts of manufacturers are likely to pave lucrative avenues for growth of the cold cast elastomers market.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Liquid Thermal Interface Materials Market Share and Growth Factors Impact Analysis 2018 – 2028

The liquid thermal interface materials market is highly fragmented, with a significant presence of unorganized players. In addition to unorganized players, the regional players also account for a significant market share.

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Liquid thermal interface materials are finding increasing utilization in consumer electronics, communication devices, and computers as the demand for high-power and high-performance circuitry in devices such as smartphones, tablets, and laptops continues to rise. Consequently, systems such as flip-chip BGA form factor packages have been developed to cater to the growing demands for high-performance and high-functioning microprocessors and ASICs. Liquid thermal interface material is gradually being integrated into microprocessors for providing the medium for efficient dissipation of heat produced while processing and functioning. Additionally, liquid thermal interface materials comply with the mechanical and size constraints in compact electronic systems which is further driving their adoption in the industry.

Liquid metals are gradually gaining traction in thermal management systems owing to their prolific heat extraction and conducting capabilities which offer higher efficiency than conventional coolants in use. With liquid metals offering better thermal management capabilities, numerous researches are working towards developing new thermal interfaces which leverage liquid metal capabilities to improve the system’s thermal conductivity. For instance, recent research which tested silver-filled thermal adhesives concluded the liquid metal thermal interface offers a reliable heat dissipation solution for high-performance electronics owing to its low thermal resistance and high conduction properties.

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Additionally, researchers studying the development of nano-liquid metals are likely to open new avenues for liquid thermal interface material manufacturers with the substance offering bright prospects for enhancing the thermal performance of existing thermal interface materials. Nano-liquid metals can potentially be incorporated into the existing thermal management systems to provide improved thermal pathways for heat dissipation. Study of using gallium-based liquid metals in thermal management is further expected to aid in liquid thermal interface materials market growth with the substance providing the required thermal conductivity in addition to it having lower melting point and viscosity. In addition to this, gallium-based liquid metals have low melting points, are flexible and reformable owing to which the material is increasingly being used in bio-devices, flexible circuits, and self-healing superconductors.

Liquid cooling systems or immersion cooling systems are gradually replacing thermal interface materials in an array of industries. While the liquid cooling system was traditionally used in data centers, innovations in the system are allowing the use of the system in electronic and automotive applications. The thermal management system offers an assortment of benefits such as temperature uniformity, better heat transfer, improved energy density in batteries, and fire suppression making it a lucrative technology for the automotive industry. Further, the system is being integrated into high-performance smartphones to prevent them from heating.

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The technology is also being used as a cooling mechanism in computers and laptops. Growing awareness about the benefits of the system in the automotive and electronics industry presents lucrative opportunities for thermal interface manufacturers who are slowly foraying into the production of liquid cooling systems to capitalize on the growing demand. For instance, 3M, a leader in the liquid thermal interface materials market recently showcased a unique computer which uses a liquid cooling system.

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/