Allied Market Research published a report, titled, "White Cement Market Forecast by Type (White Portland Cement, White Masonry Cement, and Others) and End Use (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2018–2025." According to the report, the global white cement market generated $7.97 billion in 2017 and is estimated to garner $10.90 billion by 2025, growing at a CAGR of 4.0% from 2018 to 2025. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

 According to a new report published by Allied Market Research, titled, "Biodegradable Mulch Film Market by Raw Material Type and Crop Type: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global biodegradable mulch film market was valued at $33,699 thousand in 2016, and is projected to reach at $62,039 thousand by 2023, registering a CAGR of 9.3% from 2017 to 2023.

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Biodegradable mulch film is a mulching technique wherein waste from use of biodegradable mulching materials is transformed into carbon dioxide, methane, water, or biomass at the end of their shelf life, thereby benefiting the agricultural soil. Biodegradable mulch materials are obtained from plants and animals; thus, these have a lower environmental impact than use of inorganic mulching technique.
Adverse effects of inorganic mulching technique on environment coupled with regulations regarding the acceptance of gas emission level caused by inorganic mulching materials have driven the biodegradable mulch films market. However, increased cost of biodegradable mulch films restricts the market growth. Moreover, high demand for crop production owing to growth of global population is expected to present growth opportunities for this market.

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In 2016, the fruits & vegetables segment accounted for the highest share, and is expected to maintain its dominance during the forecast period, owing to its increased demand resulting from growing population globally.

KEY FINDINGS OF THE STUDY

Asia-Pacific was the leading region in the global biodegradable mulch film market in 2016, followed by Europe
The starch segment generated the highest revenue in 2016, and is projected to grow at a CAGR of 9.2% during the forecast period
The polyhydroxyalkanoate (PHA) segment is projected to witness the highest growth rate of 9.9% during the forecast period
The Asia-Pacific biodegradable mulch film market is anticipated to register the highest CAGR of 9.9%, followed by LAMEA
Europe accounted for approximately two-seventh share in the global market, and is expected to grow at a CAGR of 8.8%.

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Asia-Pacific and Europe collectively contributed about 68% share of the global market in 2016 owing to the increased consumption of biodegradable mulch film. Also the growing population in Asia-Pacific drives the market.

The key players profiled in the report include BASF SE, Biobag International As, RKW Group, AEP Industries Inc., Dow Chemical Company, British Polyethylene Industries Plc, Armando Alvarez Group, Al-Pack Enterprises Ltd, Novamont, and Xinfu Pharmaceutical.

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Allied Market Research recently published a report, titled, "Acrylic Resins Market by Type (Water Based, Solvent Based, and Others), Application (Paints & Coatings, Adhesives & Sealants, and Others), and End-User (Building & Construction, Automotive, Electronics, Packaging, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028". As per the report, the global acrylic resins market was pegged at $18.7 billion in 2020, and is expected to reach $28.3 billion by 2028, growing at a CAGR of 5.2% from 2021 to 2028.

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Major determinants of the market growth

Surge in building and construction projects and increase in demand from the automotive industry drive the growth of the global acrylic resins market. However, adverse effects of volatile content and government regulation hinder the market growth. On the contrary, rise in demand from the emerging economies is expected to open lucrative opportunities for the market players in the future.

Covid-19 scenario:

The Covid-19 pandemic severely affected the demand for acrylic resins from end users such as automotive, building & construction, and electronics. Moreover, strict lockdown measurements and travel restrictions hampered the construction activities. Due to lack of workforce, large number of industrial projects were delayed.
The ban on cross-border imports of various goods and disruptions in the supply chain coupled with delays in supply of raw materials have negatively affected the market.
However, increase in use of private and personal vehicles to maintain the social distancing norms is expected to support the market growth. Moreover, rise in new construction projects in the healthcare sector would supplement the market growth

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The paints and coating segment held the largest share

By application, the paints and coating segment held the lion's share in 2020, accounting for more than one-third of the global acrylic resins market. Moreover, the segment is expected to register the highest CAGR of 6.0% during the forecast period, due to surge in demand for paints and coatings in construction and building projects. The report includes an analysis of segments such as adhesive and sealants and others.

The packaging segment to manifest the highest CAGR through 2028

By end user, the packaging segment is projected to register the highest CAGR of 6.3% during the forecast period, due to rise in demand for packaging materials from various end-use industries such as food manufacturers and retail stores. However, the building and construction segment held the largest share in 2020, contributing to nearly two-fifths of the global acrylic resins market, owing to rise in emphasis of construction projects in residential and commercial sectors.

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Asia-Pacific, followed by North America, to portray the highest CAGR by 2028

By region, the market across Asia-Pacific, followed by North America, is estimated to portray the highest CAGR of 6.0% during the forecast period, owing to improved outlook for residential building activity in high-income countries and rise in urbanization. However, the global acrylic resins market across Europe held the largest share in 2020, accounting for more than two-fifths of the market, due to increased demand for protective paints and coatings in automotive industries in the region.

Major market players

Basf Se
The Dow Chemical Company
Arkema
Sumitomo Chemical
Mitsubishi Chemical Holdings
Dsm
Dic Corporation

Smiler Reports

Epoxy Resin Market

HBPA Epoxy Resins Market

Specialty Chemicals Market

  Floor coatings market report, published by Allied Market Research, forecasts that the market is expected to garner $2,612 million by 2022, registering a CAGR of 6.6% during the period 2016-2022. Epoxy-based floor coatings segment is anticipated to remain the highest revenue contributor among other binder types. In the year 2015, Asia-Pacific held the leading position in the market, and is expected to maintain this trend

 According to the report published by Allied Market Research, the global additives market generated $150 billion in 2020, and is expected to garner $212.7 billion by 2028, witnessing a CAGR of 4.6% from 2021 to 2028. The report provides an extensive analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenarios.

Increase in adoption of lightweight materials in automotive, growing food and packaging industry, and surge in industrial activities among developing economies drive the growth of the global additives market. However, regulations led by several regulatory bodies hinder the market growth. On the other hand, chemical stability and pH control would present new opportunities in the market.

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Covid-19 Scenario:

The demand for food additives has increased during lockdown. As according to a report by Food Ingredients First, there has been a rise in kitchen staple products such as rice, flours, lentils, grains, and bakery ingredients. Food additives help extend product shelf life and allow consumers to stock up on food products without trepidation of instantaneous expiration.
Industries such as building & construction, oil & gas, automotive, and chemical are the major consumers of additives. And, temporary closure of these industries had impacted negatively on the global additives market, especially during the first phase of the lockdown. 
Moreover, the

The report offers detailed segmentation of the global additives market based on product type, end use, and region.

Based on product type, the food additives segment held the highest share in 2020, accounting for more than one-third of the total market share, and is expected to maintain its lead position during the forecast period. However, the plastic additives segment is projected to portray the highest CAGR of 5.3% from 2021 to 2028.

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Based on end user, the food and beverage segment accounted for the highest market share in 2020, holding more than one-third of the global additives market, and is estimated to continue its leadership status during the forecast period. However, the packaging segment is expected to witness the fastest CAGR of 5.9% from 2021 to 2028.

Based on region, Asia-Pacific contributed to the highest share in 2020, accounting for nearly two-fifths of the global market, and is estimated to maintain its dominant share in terms of revenue by 2028. In addition, this region is expected to portray the highest CAGR of 5.3% during the forecast period.

Leading players of the global additives market analyzed in the research include BASF SE, Clariant AG, Dow Inc., Evonik Industries AG, Lanxess AG, Eastman Chemical Company, Milliken Chemical, PolyOne Corporation, Sanitized AG, and BioCote Limited.

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 According to the report published by Allied Market Research, the global phosgene market generated $4.2 billion in 2020, and is anticipated to reach $6.9 billion by 2030, exhibiting a CAGR of 5.3% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

Increase in demand for phosgene from the global chemical industry and rise in demand from the furniture and bedding market drive the global phosgene market. On the other hand, high toxicity of phosgene hinders the growth of the market. On the contrary, rise in the consumption of phosgene in pesticides and insecticides is expected to create lucrative market opportunities.

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COVID-19 Scenario:

International Monetary Fund (IMF) stated that due to the spread of the COVID-19 pandemic, the worldwide economy has shrunk by 3.0% in 2020. Many countries have imposed lockdowns which have hampered the manufacturing activities and lowered the demand and production of phosgene.
Due to lockdown and restrictions, the market has witnessed a supply chain disruption. Many sectors that demand phosgene such as agriculture faces issues due to lack of labor and limited market access. This has affected the phosgene demand.
Lack of raw material availability has resulted in the reduction of agrochemical product manufacturing. Due to this, the demand for phosgene from agrochemical manufacturers has reduced.
Reduction in the consumption of polycarbonate has led to the decline in demand for phosgene from polycarbonate manufacturers.
The report segments the global phosgene market on the basis of derivative, application, and region.

Based on the derivative, the isocyanates segment accounted for the largest market share in 2020, contributing to nearly three-fourths of the total share, and is expected to maintain the lead throughout the forecast period. The same segment is estimated to witness the fastest CAGR of 5.5% from 2021 to 2030. The report also covers the chloroformate and carbamoyl chlorides segment.

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Based on application, the polycarbonates segment contributed to the highest market share in 2020, contributing to nearly two-fifths of the total market share, and is anticipated to dominate the market during the forecast period. The same segment is expected to manifest the fastest CAGR of 6.2% from 2021-2030. The report also covers other segments such as agrochemicals, pharmaceuticals, dyes, fine chemicals, and others.

Based on region, Asia-Pacific, followed by Europe and North America contributed to the highest share in 2020, holding nearly two-fifths of the total share, and is expected to maintain dominance throughout the forecast period. The same region is expected to portray the fastest CAGR of 6.2% from 2021-2030.

Key players of the global phosgene market analyzed in the research include BASF SE, The Dow Chemical Company, Covestro, Mitsui Chemical, PPG Industries, Huntsman Corporation, Yantai Wanhua, Rubican, Vandemark Chemical Inc., and Vertellus Holdings LLC.

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 According to the report published by Allied Market Research, the global polyimide film market generated $1.7 billion in 2020, and is predicted to reach $3.0 billion by 2030, exhibiting a CAGR of 5.6% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

Increase in demand for polyimide film from the electronic sector and rise in demand from the aerospace sector propel the global polyimide films market growth. On the other hand, high production costs hamper the market progress. On the contrary, launch of transparent polyimide films with a flexible substrate creates positive market opportunities.

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COVID-19 scenario:

The key end-users of polyimide films such as aerospace, electronics, automotive, labeling, and solar are negatively impacted due to the pandemic.
The COVID-19 outbreak has increased the supply-demand gap. Moreover, the export of electronic products such as wires, cables, and semiconductors has declined attributed to disrupted supply chain.
Many electronics companies have closed or halted their operations and many countries have restricted international transportation and trade activities, affecting the consumption of polyimide films among the number of end-use sectors.
Drop in the income of customers and restrictions on foreign trips have affected the demand for polyimide films from the aerospace market.
COVID-19 has halted several aircraft manufacturing projects. This has dropped the demand for polyimide films.
However, the polyimide film market is anticipated to recover rapidly due to an increase in dependency on the electronic sector which is a major end-user of polyimide films.
The report segments the global polyimide film market on the basis of application, end-use, and region.

Based on application, the flexible printed circuits segment accounted for the largest market share in 2020, contributing to more than one-third of the total share, and is anticipated to maintain the lead throughout the forecast period. The same segment is projected to witness the fastest CAGR of 6.0% from 2021 to 2030. The report also covers segments including flexible printed circuits, pressure-sensitive tapes, wire & cable, specialty fabricated products, and others.

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Based on end-use, the electronics segment contributed to the highest market share in 2020, attributing to around one-third of the total market share, and is expected to dominate the market during the forecast period. The same segment is expected to manifest the fastest CAGR of 5.9% from 2021-2030. The report also covers segments such as labeling, aerospace, automotive, and others.

Based on region, Asia-Pacific, followed by North America, contributed to the highest share in 2020, holding more than two-fifths of the total share, and is projected to lead throughout the forecast period. The market across the Asia-Pacific region is anticipated to portray the fastest CAGR of 6.2% during the forecast period.

Key players of the global polyimide film market analyzed in the report include Chemical Industries Ltd., FLEXcon Company Inc., DuPont, Kaneka Corporation, KOLON Industries, Saint Gobain, SHINMAX Technology Ltd., Taimide Tech. Inc., Toray Industries Inc., and UBE Industries Ltd.

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 Allied Market Research recently published a report, titled, “Chlorine Dioxide Market by Application (Industrial Water Treatment, Pulp & Paper Processing, Oil & Gas, Medical, Food & Beverages, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027”. As per the report, the global  chlorine dioxide industry  was generated $857.8 million in 2019, and is projected to reach $1.26 billion by 2027, growing at a CAGR of 5.0% from 2020 to 2027.

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Rapid growth in the food & beverage industry, increase in demand for safe drinking water, rise in concerns regarding water pollution, and surge in trend of wastewater recycle have boosted the growth of the global chlorine dioxide market. However, fire and explosion hazards and strict environmental norms hinder the market growth. On the contrary, regulatory restrictions on the use of chlorine and hypochlorite in pulp bleaching are expected to open lucrative opportunities for the market players in the future.

Covid-19 scenario:

The chlorine dioxide is used in the manufacturing of biocides and decline in the sale of biocides during the pandemic is expected to hamper the growth of the market. Moreover, the demand for medical devices is more than domestic manufactures can deliver, creating a supply-demand gap.
The prolonged lockdown in various countries led to supply chain disruption and shortage of critical medical devices.

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The industrial water treatment segment dominated the market

By application, the industrial water treatment segment held the lion’s share in 2019, accounting for more than half of the market, due to rapid industrialization across the developing economies such as China and India and increase in demand for industrial water treatment. However, the pulp & paper processing segment is estimated to register the highest CAGR of 6.1% during the forecast period, owing to rise in demand for paper packaging from the e-commerce and retail sector.

Asia-Pacific, followed by North America, held the lion’s share

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Major Market Players

Accepta
Grundfos
Ecolab
Evoqua
ProMinent
CDG Environmental LLC
The Sabre Companies LLC
Iotronic Elektrogerätebau GmbH
Tecme Srl
Vasu Chemicals LLP

 According to the report published by Allied Market Research, the global additives market generated $150 billion in 2020, and is expected to garner $212.7 billion by 2028, witnessing a CAGR of 4.6% from 2021 to 2028. The report provides an extensive analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenarios.

Increase in adoption of lightweight materials in automotive, growing food and packaging industry, and surge in industrial activities among developing economies drive the growth of the global additives market. However, regulations led by several regulatory bodies hinder the market growth. On the other hand, chemical stability and pH control would present new opportunities in the market.

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Covid-19 Scenario:

The demand for food additives has increased during lockdown. As according to a report by Food Ingredients First, there has been a rise in kitchen staple products such as rice, flours, lentils, grains, and bakery ingredients. Food additives help extend product shelf life and allow consumers to stock up on food products without trepidation of instantaneous expiration.
Industries such as building & construction, oil & gas, automotive, and chemical are the major consumers of additives. And, temporary closure of these industries had impacted negatively on the global additives market, especially during the first phase of the lockdown. 
Moreover, the lockdown impacted the manufacturing and supply chain management to certain extent. On the other hand, the government bodies have now eased off certain regulations, owing to which the market would recoup soon.

The report offers detailed segmentation of the global additives market based on product type, end use, and region.

Based on product type, the food additives segment held the highest share in 2020, accounting for more than one-third of the total market share, and is expected to maintain its lead position during the forecast period. However, the plastic additives segment is projected to portray the highest CAGR of 5.3% from 2021 to 2028.

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Based on end user, the food and beverage segment accounted for the highest market share in 2020, holding more than one-third of the global additives market, and is estimated to continue its leadership status during the forecast period. However, the packaging segment is expected to witness the fastest CAGR of 5.9% from 2021 to 2028.\

Based on region, Asia-Pacific contributed to the highest share in 2020, accounting for nearly two-fifths of the global market, and is estimated to maintain its dominant share in terms of revenue by 2028. In addition, this region is expected to portray the highest CAGR of 5.3% during the forecast period.

Leading players of the global additives market analyzed in the research include BASF SE, Clariant AG, Dow Inc., Evonik Industries AG, Lanxess AG, Eastman Chemical Company, Milliken Chemical, PolyOne Corporation, Sanitized AG, and BioCote Limited.

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 According to a new report published by Allied Market Research titled, Wood Plastic Composites Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global wood plastic composites (WPC) market was valued at $2,551 million in 2016, and is expected to reach at $6,584 million by 2023, registering a CAGR of 12.6% from 2017 to 2023. Asia-Pacific is expected to dominate the market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.

 Carbon Nanotubes Market by Type ((Single-Walled Carbon Nanotubes (SWCNTs) and Multi-Walled Carbon Nanotubes (MWCNTs)), Application (Structural Polymer Composites, Conductive Polymer Composites, Conductive Adhesives, Fire Retardant Plastics, Metal Matrix Composites, Li-ion Battery Electrodes, and Others), and End User (Electricals & Electronics, Aerospace & Defense, Energy, Sporting Goods, Automotive, Industrial, and Others): Opportunity Analysis and Industry Forecast, 2020–2027". As per the report, the global carbon nanotubes industry was pegged at $2.6 billion in 2019, and is estimated to reach $5.8 billion by 2027, growing at a CAGR of 10.7% from 2020 to 2027.

 The battery materials market has been growing at a rapid pace over the last few years. The increase in the usage of lead-acid and lithium-ion (Li-ion) batteries and surge in demand from the consumer electronics and automotive industries are some of the major driving factors of the global battery material market. According to Allied Market Research, the global battery material market is expected to reach $80.5 billion by 2030, registering a CAGR of 5.9% from 2021 to 2030.

Major announcements and collaborations in the battery material market:

The key players in the battery material industry have been focusing on expanding their business by developing innovative products that could increase overall efficiency. For instance, Umicore, a leading material technology company announced its investment in Solid Power, a major producer of all-solid-state rechargeable batteries for electric vehicles. This investment is expected to develop a low-cost battery and increase the energy density from 50% to 70% as compared to commercially available Li-ion batteries. Moreover, it is lighter and has faster charging times than available alternatives which give an advantage to the automobile sector.

Apart from the innovations, several companies have indulged in collaborations to expand their market presence. For instance, Polarium, a provider of energy Storage Company partnered with Northvolt, a European supplier of sustainable, high-quality battery cells and systems. The collaboration would help the companies to deliver green battery cells to the telecom industry. Furthermore, according to the CEO of Polarium, this collaboration will aid in lowering the carbon footprint as the company would manufacture the battery products from the fossil-free production facility with the highest recycling standards. This is expected to help the company to maintain a pollution-free environment.

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Similarly, Volvo Car Group, the most well-known car brand announced its joint venture with Northvolt, a leading Swedish battery company. The business deal would enable companies to build sustainable and cutting-edge battery cells for Volvo and Polestar vehicles. Moreover, the companies have proposed to open a new R&D center in Europe to develop revolutionary batteries and provide an efficient and cost-effective supply chain of high-quality and sustainable batteries in Europe.

Trends that will drive the demand in the future:

With the rise in innovations in the automotive sector, the demand for electric vehicles around the world is bound to rise, which in turn, increases the need for battery materials. Furthermore, technological advancements in the electronics sector have increased innovations in battery materials. On the other hand, the development of solid-state electrolytes and the introduction of sodium-ion batteries would have a direct impact on the growth of the battery materials market in the future.

The recent initiation of the Indian government, Faster Adoption, and Manufacturing of (Hybrid &) Electric Vehicles (FAME) has augmented the growth of the battery material market in the Asia-Pacific. What’s more, battery materials have witnessed increased demand in emerging countries due to a surge in industrial applications such as the telecommunication sector, medical equipment, and oil drilling.

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To meet end-user demand in the future, market leaders must invest a substantial amount and time in their research. Moreover, the demand for battery materials that offer higher storage capacity at inexpensive costs would increase in the coming years. In addition, the emphasis on creating solutions for recyclable battery packs that can be fixed and resealed without triggering a surface breakdown would increase as concerns about sustainability and the need for cost-effective alternatives grow.

Based on type, the lithium-ion segment accounted for the highest market share in 2020, contributing to more than half of the total share, and is expected to maintain its leadership status during the forecast period. Moreover, this segment is estimated to manifest the highest CAGR of 6.1% from 2021 to 2030.

Leading players of the global battery materials market analyzed in the research include Albemarle, Gan feng Lithium Co. Ltd., China Molybdenum Co. Ltd., Livent Corporation, Glencore PLC, Sheritt International Corporation, Norlisk Nickel, Targray Technology International Inc., SQM, Tianqi Lithium, Teck Resources, and Vale S.A.

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