■ 英語タイトル：Electron Beam Curable Coating Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA119 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The electron beam curable coating market was valued at over USD 400 million in 2021, and the market is projected to register a CAGR of greater than 3% during the forecast period (2022-2027).

Due to the COVID-19 outbreak, nationwide lockdown around the world, disruption in manufacturing activities and supply chains, and production halts negatively impacted the market in 2020. However, the conditions started recovering in 2021, thereby restoring the growth trajectory of the market studied during the forecast period.

Key Highlights

• The major factor driving the market studied is the growing demand for the electron beam curable coating market from various end-user industries.
• The growing demand for electron beam curable coating from electric vehicles is forecasted to offer various opportunities for the growth of the market over the forecast period.
• Electron beam curable coating from the aerospace industry is expected to dominate the market studied over the forecast period.
• The Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Electron Beam Curable Coating Market Trends

Growing Demand from the Packaging Industry

• In the packaging industry, electron beam curable coatings are widely used for food packaging materials such as folding cartons for frozen foods, gable-top cartons for fruit juice packaging, and dry food packaging owing to their low odor and low migration packaging solutions.
• Moreover, these coatings are also widely adopted in flexible packaging applications owing to their clean, fast, and energy-efficient way of processing coatings in flexible packaging operations. Electron beam curable coatings exhibit properties such as low VOC emissions, instant drying at high production speeds, and high chemical and high abrasion resistance, which makes them ideal for application in various packaging applications.
• Companies such as PepsiCo are actively engaged in exploring the use of electron beam curable coating and ink in surface print applications for flexible food packaging as an alternative to eliminate the potential use of photoinitiators to migrate into food.
• In recent years, electron beam curable coatings are increasingly gaining the interest of packaging manufacturers to shift traditional multi-film packaging structures to mono-web packaging structures. As electron beam, curable coatings help reduce the packaging layers by eliminating the use of lamination adhesive between film layers and minimizing the use of photoinitiators in flexible packaging, which makes it suitable for food packaging applications.
• According to a report published by PMMI, ‘The Association for Packaging and Processing Technologies,’ growth in the global packaging industry was anticipated to reach USD 42.2 billion by 2021, an increase from USD 36.8 billion in 2016, owing to the increasing population, growing sustainability concerns, more spending power in developing regions, and rising demand for smart packaging, among others.
• India is also one of the major consumers of packaged foods and beverages. According to the Packaging Industry Association of India (PIAI), the packaging industry is expected to grow at a rate of 22% during the forecast period.
• Hence, owing to the above-mentioned factors, the application of electron beam curable coating from the packaging industry is likely to dominate during the forecast period.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region is expected to dominate the market for electron beam curable coating during the forecast period. The rising demand for electron beam curable coating from the aerospace industry and growing application in the automotive and electronic sector in developing countries like China, India, and Japan are expected to drive the demand for electron beam curable coating in this region.
• The largest producers of electron beam curable coating are located in the Asia-Pacific region. Some of the leading companies in the production of electron beam curable coating include PPG Industries Inc, ALLNEX NETHERLANDS BV, Hexion, BASF, and RAHN AG.
• The packaging industry in China is expected to register tremendous growth, to reach CNY 2 trillion by 2025. According to Interpak, in China, in the foodstuff packaging category, total packaging is expected to reach 447 billion units in 2023. This positive momentum in the packaging industry is expected to ignite the market demand for the electron beam curable coatings market in the country.
• The Asia-Pacific automotive manufacturing industry is the largest in the world, with a production share of around 60% in 2021. According to OICA, the total automotive production stood at 46.73 million units in 2021, registering a growth of 6% compared to 2020, driving the demand for the electron beam curable coatings market.
• Moreover, in India, at present, there are 153 airports, and it is anticipated to increase to 190-200 by FY 2040, and the rising fleet size is expected to escalate the number of airplanes to 1,100 by 2027.​
• The total production value of the electronics industry in Japan was around JPY 9.96 trillion in 2020, which was 96.6% of the production value compared to the previous year. However, the electronics industry production till August 2021 increased to JPY 7.193 trillion, which was 113.4% of the first eight months’ value in 2020, thereby increasing the consumption of electron mean curable coatings in the region.
• Due to the above-mentioned factors, the market for electron beam curable coating in the Asia-Pacific region is projected to grow significantly during the study period.

Electron Beam Curable Coating Market Competitor Analysis

The electron beam curable coating market is consolidated in nature, with only a few major players dominating the market. Some of the major companies (not in any particular order) include PPG Industries Inc., Arkema, BASF SE, IGM Resins, and ALLNEX GMBH (PTT Global Chemical Public Company Limited).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Electrically Conductive Adhesives Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA118 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The electrically conductive adhesives market is expected to record a CAGR of less than 6% globally during the forecast period 2022-2027.

The COVID-19 pandemic had a negative impact on the market. However, the market is now estimated to have reached pre-pandemic levels.

· The major factor driving the market studied is increasing application in power electronics.

· Increasing applications of single-part and two-part epoxy adhesives in power electronics are expected to drive market growth during the forecast period.

· Asia-Pacific is expected to dominate the global market with the most significant consumption from China, Japan, and India.

Electrically Conductive Adhesives Market Trends

Epoxy Segment to Dominate the Market

· Electrically conductive adhesives are adhesives that have filler components like pure silver, copper, aluminum, or iron, which provide excellent electrical conductivity, superior adhesion, and good physical strength.

· These adhesives are used in circuit assembly applications and processes where heat curing or hot soldering can be altered.

· The epoxy segment of electrically conductive adhesives is widely used in various applications like touch panels, coating, and bonding RFID chips, mounting LEDs, and others.

· These adhesives provide electrical continuity similar to traditional soldering without the heat stress, and they adhere to many conductive polymers where adhesion with solder is not possible.

· Epoxy offers the advantages of extended shelf life, room temperature storage, and much lower cure temperatures, which is increasing its application compared to other types.

· Revenue from the consumer electronics market is likely to reach USD 1,056,693 million in 2022. The market is expected to observe a CAGR of 1.82% from 2022-2026.

· Hence, based on the aforementioned factors, the epoxy segment is expected to dominate the market over the forecast period.

Asia-Pacific Region to Dominate the Market

· Asia-Pacific is expected to dominate the global market for electrically conductive adhesives during the forecast period. Due to the high demand from countries like China, India, and Japan, the market for electrically conductive adhesives has been growing.

· The largest producers of electrically conductive adhesives are located in Asia-Pacific. Some of the leading companies for the production of electrically conductive adhesives are Henkel AG & Co. KGaA, 3M, Dow, Aremco, and HB Fuller Company.

· The “Made in China 2025” policy, incorporated by China, set specific targets to increase self-sufficiency in integrated circuits production to 40% in 2020 and 70% by 2025. This is expected to increase the scope of application for electrically conductive adhesives in circuit chips over the coming years.

· ASEAN countries have also been observing the influx of electronics producing companies investing in the region for production facilities.

· The aforementioned factors, coupled with government support, are expected to result in the Asia-Pacific region dominating the global market.

Electrically Conductive Adhesives Market Competitor Analysis

The global electrically conductive adhesives market is fragmented, with most players accounting for a marginal share in the market. Some of the major companies include Henkel AG & Co. KGaA, 3M, Dow, Permabond.com, and HB Fuller Company, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Eco-Friendly Inks Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA117 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global eco-friendly inks market is projected to register a CAGR of over 4% during the forecast period.

The COVID-19 pandemic had a negative effect on the world market for eco-friendly inks. Lockdowns and business closures resulted in supply chain disruption. However, the market is projected to grow steadily, owing to increased food industry activities in 2021.

Key Highlights

• Over the short term, the growth in demand from the packaging industry and the growing concerns related to VOC emissions from conventional ink printing solutions are major factors driving the growth of the market studied.
• However, lack of exposure to low VOC inks and their advantages is a key factor anticipated to restrain the growth of the target industry over the forecast period.
• Nevertheless, increased attention toward the fashion industry and eco-friendly textile production is likely to create lucrative growth opportunities for the global market soon.
• Asia-Pacific dominated the market across the world, with the largest consumption from major countries like China, India, and other countries.

Eco-friendly Inks Market Trends

Growth in Demand from Packaging Industry

• Eco-inks are vegetable and algae-based printing inks with zero VOC for paper and planet.
• According to the American Lung Association, VOCs are harmful by themselves, and some can react with other gases to form other air pollutants. Vegetable-based inks are preferred for food packaging or anything likely to come in contact with food.
• Packaging of any product requires printing of basic product information, such as product and brand name, content used in the production of a product, price, etc. Therefore, inks are extensively used in the packaging industry to provide product information and make a product attractive to consumers.
• The demand for sustainable and eco-friendly inks is high due to the rise in environmental awareness, enactment of various rules and legislations, and scarcity of resources are driving the demand for convenient packaging.
• Additionally, the growth of the e-commerce business, the growing online food delivery market, and the packaging of products in different sizes and quantities are some of the market conditions boosting the demand for packaging, globally.
• According to the e-marketer, the global retail e-commerce sales reached USD 5,211 billion in 2021 and are expected to reach 5,717 in 2022.
• Hence, the demand for eco-friendly inks from the packaging industry is expected to grow at a rapid rate during the forecast period.

Asia-Pacific Region to Witness Fastest Growth

• The Asia-Pacific region dominated the global market share with growing construction activities and the increasing demand for furniture.
• China stands to be the world’s largest manufacturing economy and exporter, due to which its packaging requirement is huge. The packaging industry in China produced 11.6 million metric tons of packaging paper and paperboard in September 2022 and was the largest producer worldwide that year. China sees a growing trend in the use of flexible, rigid, and paper and board packaging materials. This positive momentum in the packaging industry is expected to boost the market demand for printing inks.
• Additionally, the packaging industry witnessed noticeable growth, with the increasing trend of express deliveries. The total volume of express delivery in China amounted to about 108 billion pieces in 2021.
• In both the domestic and global consumer markets, the Chinese garment cloth industry is progressing in many areas, including raw material quality, industrial structure, modern high-tech machinery, label development, and the work process.
• Additionally, the printing ink demand has also been increasing from the textile industry in the country. The country stands to be the largest clothing exporter in the world, holding massive production capacity, although the textile industry witnessed a slow growth in the past few years.​
• Owing to all the above-mentioned factors, the market for printing inks in the region is projected to grow during the forecast period.

Eco-friendly Inks Market Competitor Analysis

The global eco-friendly inks market is partially consolidated in nature. The major players (not in particular order) include Sun Chemical, Toyo Ink LLC, INX International Ink Co., Hubergroup, and Solar Inks Ltd. (Omya AG), amongst others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dust Control Systems and Suppression Chemicals Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA116 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The dust control systems and suppression chemicals market was valued at more than USD 12.5 billion in 2021. It is expected to record a CAGR of more than 4% during the forecast period.

The COVID-19 pandemic negatively impacted the market. However, the market is reaching pre-pandemic levels and is expected to grow steadily during the forecast period.

Key Highlights

• Over the short term, the major factors driving the growth of the market are the growth in construction and infrastructure in Asia-Pacific and the increasing regulatory compliances.
• Dust collection problems in the food and pharmaceutical industry are expected to hinder the growth of the market studied.
• Asia-Pacific dominated the market worldwide, with the largest consumption coming from China and India.

Dust Control Systems & Suppression Chemicals Market Trends

Construction Industry to Dominate the Market

• Dust control measures are applicable to any construction site where there is a potential for air and water pollution from dust traveling across the landscape or through the air.​
• According to HSE statistics (UK government’s Health and Safety Executive statistics), every year, more than 500 construction workers die from exposure to silica dust worldwide. Hence, it became important to regulate hazardous dust emissions, creating a significant demand for dust control systems and suppression chemicals over the last few years.​
• When compared to conventional processes, dust suppression solutions offer a set of distinct advantages and lucrative benefits for construction applications, including easy application and long-life protection during extreme climatic conditions.​
• Currently, there are state-of-the-art dust control solutions that can solve a range of dust control problems at construction sites and on all types of roads, from major highways and freeways to haulage, industrial, and rural roads, tarmacs, hardstand areas, and water-repellent pavements.​
• Calcium chloride is the major dust control suppression chemical used in the construction industry. In addition, the construction industry uses polymer emulsions for stabilizing haul and access roads.​
• Moreover, the increasing presence of foreign companies in the Asia-Pacific region has created a demand for new offices, buildings, production houses, etc., thereby, driving the construction sector in the region.​
• Such factors are likely to help the construction industry dominate the market.

China to Dominate the Asia-Pacific Market

• China’s construction industry has been going through the Evergrande debt crisis, and it is expected to decline for a short while in the future.
• The country has been focusing on reducing the consumption of coal for the past few years, mainly due to environmental concerns and climate goals.
• This step was taken by the government in accordance with the growing coal imports of the country, due to the reduction in domestic production.
• The new coal mines approved in the country are located in the regions of Xinjiang, Inner Mongolia, Shanxi, and Shaanxi, supported by the national strategy toward consolidating the output at dedicated coal production bases.
• These new mines are planned for the expansion of the existing collieries. The country is expected to witness high demand for dust control systems and suppression chemicals for the development and operations of such new mines.
• Thus, growth in various end-user industries is boosting the demand for dust control systems and suppression chemicals for various applications.​

Dust Control Systems & Suppression Chemicals Market Competitor Analysis

The dust suppression chemicals market is partially consolidated among very few players. Cargill Incorporated is the market leader worldwide, followed by Ecolab, SUEZ, and Hexion. There are many local players in the market holding no significant share.

Some of the other prominent players in the dust suppression systems market include Camfil, Donaldson Company Inc., and BossTek.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dry-Mix Mortar Additives and Chemicals Market | Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA115 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The dry-mix mortar additives and chemicals market is valued at over 4200 kilotons in 2021 and is expected to register a CAGR greater than 5% during the forecast period(2022-2027).

Due to the COVID-19 outbreak, nationwide lockdown around the globe, disruption in manufacturing activities and supply chains, and production halts negatively impacted the market in 2020. However, the conditions started recovering in 2021, restoring the market’s growth trajectory during the forecast period.

Key Highlights

• The major factors driving the market studied are increasing construction activities in the United States and Asia-Pacific and long-term cost-effectiveness in the construction industry.
• Over the forecast period, the re-dispersible polymer powder segment is expected to dominate the additives type in the dry-mix mortar additives and chemicals market.
• Asia-Pacific represents the largest market and is also expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan.

Dry-mix Mortar Additives & Chemicals Market Trends

Re-dispersible Polymer Powder Segment May Dominate the Market

• Re-dispersible powders are obtained by spray drying the corresponding aqueous polymer dispersions containing a redispersing agent while adding finely ground inorganic materials as anticaking agents. The re-dispersibility of the polymer powder is the most critical parameter to achieving mortar performances, like adhesion onto the substrate and abrasion resistance.
• Re-dispersible polymer powder is the most important binder in cement- and gypsum-based dry powder material. Re-dispersible polymer powder is a spray-dried powder of polymer emulsion. It is re-emulsified with water and has the same properties as the original emulsion, i.e., a film can be formed after water evaporation. This film has high toughness, weather resistance, and adhesion to a substrate. In addition, the latex powder with hydrophobic properties can improve the waterproof performance of the waterproof mortar.
• Performance of re-dispersible polymer powder in a dry mortar:
• Improves the adhesion of dry mortar to various substrates and ensures the weather resistance of mortar bond strength under different conditions of use. For example, it can be used to improve the bond strength between mortar and EPS board, EPS particles, concrete walls, and brick walls in the thermal mortar.
• Re-dispersible polymer powder can reduce the water absorption of the material, and the special hydrophobic latex powder effect is more pronounced. It reduces water and damage caused by water to the molded mortar.
• Some re-dispersible polymer powders can improve sag resistance and fluidity of the mortar to improve the construction performance of the mortar.
• Thus, the demand for the re-dispersible polymer powder segment will likely increase in the studied market.

Asia-Pacific to Dominate the Market

• Asia-Pacific is expected to account for the largest share of the overall dry-mix mortar additives and chemicals market during the forecast period.
• Currently, China and India are among the largest consumer of dry mix mortar, and these are the fastest-growing countries in terms of consumption of dry mix mortar worldwide.
• China has the largest construction market in the world, encompassing 20% of all construction investments globally. China is expected to spend nearly USD 13 trillion on buildings by 2030. Additionally, the demographics in the country are expected to spur the growth of residential construction continually.
• According to the National Development and Reform Commission, the Chinese government approved 26 infrastructure projects at an estimated investment of about USD 142 billion, which are estimated to be completed by 2023. The growing demand for housing is expected to drive residential construction in the public and private sectors.
• Furthermore, India is also witnessing considerable investments in infrastructure projects, likely to provide massive demand for the market studied.
• According to IBEF, in Union Budget 2021, the government allocated INR 233,083 crore (USD 32.02 billion) to enhance the transport infrastructure. The government expanded the ‘National Infrastructure Pipeline (NIP)’ to 7,400 projects. Around 217 projects worth INR 1.10 lakh crore (USD 15.09 billion) were completed in 2020.
• Moreover, the availability of affordable housing in the country is expected to rise by over 70% by 2025. By 2022, India is expected to contribute about USD 640 billion to the construction industry due to government initiatives in infrastructure development and affordable housing, such as smart city plans. The growing construction activities in the country have been driving the demand for dry-mix mortar additives and chemicals.
• Hence, owing to the aforementioned factors, the demand for dry-mix mortar additives and chemicals is expected to increase in Asia-Pacific over the forecast period rapidly.

Dry-mix Mortar Additives & Chemicals Market Competitor Analysis

The dry-mix mortar additives and chemicals market is partly consolidated. The major companies in the market studied (not in any particular order) include Wacker Chemie AG, Dow, BASF SE, Evonik Industries AG, and Sika AG, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dry Mix Mortar Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA114 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：220 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The dry mix mortar market size is expected to reach 310 kilotons by the end of this year. It is projected to register a CAGR of over 5% during the forecast period.

The COVID-19 pandemic negatively impacted the market in 2020. However, the construction sector is picking up pace in the post-pandemic scenario. Thus, this will enhance the market demand for dry mix mortar over the coming years.

Key Highlights

• Over the medium term, increasing construction activities in the United States and Asia-Pacific are expected to drive the market’s growth.
• Simplified mix and apply operation is also a blooming opportunity for the dry mix mortar market.
• The emerging trend of green building certifications will likely act as an opportunity.
• Asia-Pacific dominated the market studied, with the most significant consumption from countries like China, India, and Japan.

Dry Mix Mortar Market Trends

Increasing Demand from the Render Segment

• Rendering has a higher proportion of cement in its composition and is used to coat the exterior surfaces of buildings. Rendering is used on the outside of buildings to improve the appearance of the exterior façade while also providing waterproofing and fireproofing benefits.
• Dry mix products provide excellent technical properties to meet the stringent performance requirements common in the current construction scenario. Additionally, using dry mix mortar products is economical as they reduce potential construction problems by ensuring the long-term integrity of structures with a simple materials approach.
• Dry mixed mortar contains a precise blend of materials and only requires the addition of water to produce a suitable render. Dry mix mortar comprises special additives that improve the workability of renders, help them bond to the background, and reduce the risk of cracking. They can also be used for decorative finishes.
• Rendering is done in almost all construction applications to achieve a smooth or deliberately textured surface. The increasing construction activities worldwide are expected to drive the use of dry mix mortar over the forecast period.
• Therefore, considering the abovementioned factors, the demand in the dry mix mortar market is expected to rise in the render segment.

China is Expected to Dominate the Market in the Asia-Pacific Region

• The country’s largest construction market, encompassing 20% of all construction investments globally. China is expected to spend nearly USD 13 trillion on buildings by 2030, creating a positive market outlook for construction materials such as dry mix mortar.
• The increased focus on affordable housing by both the public and the private sector may drive growth in the residential construction sector, which is likely to drive market demand.
• China has been majorly driven by ample residential and commercial construction developments and supported by the growing economy. In China, the housing authorities of Hong Kong launched several measures to push start the construction of low-cost housing. The officials aim to provide 301,000 public housing units by 2030.
• Similarly, China will likely witness the construction of 7,000 more shopping centers, estimated to be opened by 2025. Such growth in the construction industry is expected to propel market demand.
• However, the economy looks shaky as the country is dealing with the Evergrande crisis (the company had USD 300 billion of liabilities alone as of June 2021) and a full-fledged Chinese financial crisis, while a recession can’t be ruled out either.
• All factors above are likely to fuel the growth of the dry mix mortar market in China over the forecast period.

Dry Mix Mortar Market Competitor Analysis

The dry mix mortar market is fragmented in nature. Some of the major players (in no particular order) in the market include Sika AG, CEMEX SAB de CV, MAPEI SpA, Ardex Group, and Saint-Gobain, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Drag Reducing Agents Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA113 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、南アフリカ、サウジアラビア ■ 産業分野：化学 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global drag-reducing agent market is anticipated to register a CAGR of over 5% during the forecast period.

Key Highlights

• The COVID-19 pandemic had a negative impact on the market for drag-reducing agents as industries such as chemicals and petrochemicals, oil and gas, agriculture, electricity and energy, and others were shut down, decreasing the demand for the product. At the moment, the market for drag-reducing agents has recovered from the pandemic and is growing quickly.
• Over the short term, a rise in crude oil consumption due to the expansion of end-use industries such as petrochemicals, energy generation, and oil and gas is anticipated to drive drag reduction agent market growth during the forecast period.
• But the focus on switching to biofuels and the growing concern about the environment are likely to slow the growth of the global drag-reducing agents market over the next few years.
• Nevertheless, increasing research and development activities and the incorporation of novel technologies for producing advanced drag-reducing agents such as nano-fluids to improve their performance are expected to generate attractive market growth and provide substantial potential in the forecast period.

North America is anticipated to dominate the global market in terms of revenue during the forecast period, and currently has the largest market share in the drag-reducing agent market.

Drag Reducing Agents Market Trends

Crude Oil has a Substantial Market Share

• Most crude oil pipelines have turbulent flow. This means that turbulent eddies in the oil, rather than friction against pipeline walls, produce most of the drag or energy loss when pumping. Drag reduction agents are chemicals that are injected into a crude oil pipeline to reduce energy loss; this results in a lower pressure drop than would occur if the same flow rate of untreated solvent was used.
• According to the U.S. Energy Information Administration, in 2021, United States crude oil production was 11,254,000 barrels per day, compared to 11,318,000 barrels per day in 2020. The United States imported 6,114,000 barrels of crude oil per day.Because the use of drag-reducing agents is heavily reliant on crude oil output and imports, its consumption in the United States is expected to rise in 2021.
• According to the U.S. Energy Information Administration, Saudi Arabia’s crude oil production in September 2022 was 11,041 thousand barrels per day. Saudi Arabia’s crude oil production climbed by 1.11% year on year, from 9,780 thousand barrels per day in October 2021 to 11,041 thousand barrels per day in September 2022. Increasing production of crude oil is expected to positively impact the demand for pipelines, thereby increasing the demand for drag-reducing agents in the crude oil industry.
• All the above-mentioned factors are likely to support the demand for the studied market in the coming years.

North America Region to Dominate the Market

• North America dominates the drag-reducing agents market in terms of market share and market revenue. The region is set to continue to flourish in its dominance over the forecast period.
• Due to the significant availability of oil and gas reserves, as well as increasing urbanization, infrastructure development, and discoveries in the oil and gas industry, North America is likely to maintain its leadership position in the next few years.
• By 2022, Financial Market Infrastructure (FMI) predicts that the United States will hold a majority share of the North American drag-reducing agent market, with more than 48.9% of the value share.
• Rapid industrialization is prompting the country to grow its oil and gas production due to rising demand for power sources such as natural gas, diesel, gasoline, and others. According to the Energy Information Administration, U.S. government efforts raised crude oil and natural gas output by 12.7% and 9.8%, respectively, in 2021.
• Currently, more than ten significant petrochemical projects worth more than USD 207 billion are under construction in the United States. Thunder Horse South Expansion Phase 2 will enhance the market significantly further since it is one of the major oil fields in the Gulf of Mexico. This project will add two additional subsea production wells soon, and about eight wells will be drilled as part of the total development. Other projects include Mad Dog Phase 2, Herschel, and Manuel, among others.
• According to Baker Hughes, the number of operational oil and gas rigs in the United States exceeded 610 in the final week of January 2022. Furthermore, according to the Energy Information Administration (EIA), United States crude oil output dipped below 11.6 million barrels per day in December 2021, a 0.2 million barrels per day decrease from November 2021. The EIA also estimated that output will increase to an annual average of 12.0 million barrels per day in 2022 and 13.0 million barrels per day in 2023.
• Because of this, all of the above factors are expected to make the market for drag-reducing agents in North America grow in the coming years.

Drag Reducing Agents Market Competitor Analysis

The drag-reducing agents’ market is consolidated in nature. Some of the major manufacturers in the market include Baker Hughes, Flowchem, Innospec, NuGenTec, Oil Flux Americas, and others (in no particular order).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dipropylene Glycol Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA112 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global dipropylene glycol market accounted for around 160 kilo tons in 2021 and is projected to register a CAGR of over 4% during the forecast period (2022-2027).

The market was negatively impacted by COVID-19 in 2020. Due to the COVID-19 outbreak in the first half of 2020, the cosmetic industry was significantly affected. This, in turn, has unfavorably impacted the consumption of dipropylene glycol. The market is projected to grow steadily as fragrances production observed growth in 2021.

· Over the short term, rising demand from personal care and cosmetic industries, coupled with increasing demand for DPG as a solvent, coupling agent, and chemical intermediate in various end-use applications in the emerging economies, are some of the driving factors stimulating the market demand.

· However, the availability of substitutes such as 2-Methyl-1,3-propanediol may hinder the growth of the target market.

· Nevertheless, rising trends for bio-based dipropylene glycol are likely to create lucrative growth opportunities for the global market over the forecast period.

· The Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period. This growth is attributed to a rise in the production of polyurethane resins and plasticizers in China and India.

Dipropylene Glycol Market Trends

Rising Demand for Dipropylene Glycol in Functional Fluid Applications

· The functional fluid application segment accounted for a significant share in the dipropylene glycol market in 2021, with a market share of over 57% in volume.

· Dipropylene glycol is primarily used in functional fluids such as cutting oils in hydraulic brake fluid production, coolants, solvents for printing inks, paints and coatings, agricultural chemicals such as insecticides, and anti-freeze and de-icing fluids. Superior properties of dipropylene glycol benefit functional fluids’ crucial functionality to corresponding end-user performance requirements.

· Augmenting infrastructure construction activities, growth of the automotive industry, and rising adoption of agricultural chemicals across the globe are among the key factors driving the growth of the global dipropylene glycol market.

o For instance, as per the data published by US Census Bureau in 2021, the total value of residential housing during April 2020-2021 was USD 217,30 million over USD 178,362 million for FY 2019-2020, up by 21.8%. This trend is anticipated to continue and will boost demand for paints and coatings and thereby growth of the target industry soon.​

o Further, according to the Organisation Internationale des Constructeurs d’Automobiles (OICA), global sales of passenger cars were 56.39 million in 2021, compared to 53.91 million in 2020, thereby enhancing the consumption of dipropylene glycol in the manufacturing of coatings and sealants, cutting oils to provide lubrication to the machine parts, coolants, etc.

· Therefore, considering the aforementioned factors, the demand for dipropylene glycol is expected to rise significantly in the functional fluids application segment in the near future.

Asia-Pacific Region to Dominate the Market

· The Asia-Pacific region dominated the worldwide market in 2021 with a significant market share in terms of revenue and is projected to maintain its dominance during the forecast period of 2022-2027.

· Growing demand for dipropylene glycol in cosmetics and fragrances, plasticizers, and polyurethane applications across the Asian countries is the primary factor driving the growth of the target industry in the Asia-Pacific.

· Fragrance-grade dipropylene glycol is commonly used as a carrier for fragrances and in deodorant applications. The growing personal care and fragrance industry in Asian countries is creating a huge demand for dipropylene glycol, which is fueling the region’s growth.

o For instance, Japan is one of the largest markets for fragrances across the Asia Pacific. According to Statista, Japan’s fragrances industry was valued at USD 0.57 billion in 2021, compared to USD 0.56 billion in 2020, and is expected to grow annually by 4.75%, which stimulates the demand for the dipropylene glycol market.

· Moreover, rapid industrialization, increasing automotive sector in India, China, and Japan are propelling demand for plasticizers which will further enhance the growth of the market studied.

o According to OICA, China produced 26.08 million units in 2021, registering an increase of 3% compared to 25.23 million units produced in 2020. As per India Energy Storage Alliance (IESA), the Indian EV industry is expected to expand at a CAGR of 36%, which stimulates the demand for plasticizers and, thereby, dipropylene glycol.

· Additionally, the presence of major players such as Manali Petrochemicals Limited, Adeka Corporation, BASF, and Dow in the Asia-Pacific region will augment the growth of the market during the forecast period. The key companies operating in the Asia-Pacific dipropylene glycol market focus on capacity expansion. This trend is anticipated to continue and will likely boost the growth of the region over the forecast period.

· All the aforementioned factors are likely to fuel the growth of the Asia-Pacific dipropylene glycol market over the forecast time frame.

Dipropylene Glycol Market Competitor Analysis

The dipropylene glycol market is highly consolidated in nature. Some of the major players in the market include Dow, LyondellBasell Industries Holdings B.V., BASF SE, Shell Plc, and Manali Petrochemicals Limited, among others. (not in any particular order)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dimethylaminopropylamine (Dmapa) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA111 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for Dylaminopropylamine (DMAPA) is expected to grow at a CAGR of over 4 % globally during the forecast period. The major factor driving the market studied is growing demand owing to its wide range of applications. On the flip side, stringent environmental regulations and the negative impact of COVID-19 outbreak on the market are hindering the growth of the market studied.

Key Highlights

• Dylaminopropylamine (DMAPA) market is expected to grow during the forecast period owing to the increasing demand from beauty & personal care segment.
• Asia-Pacific is expected to dominate the market across the globe with the largest consumption coming from China, Japan, and India.

Dimethylaminopropylamine (DMAPA) Market Trends

Increasing Demand from Beauty & Personal Care Segment

• Dimethylaminopropylamine (DMAPA) is a diamine that is widely used during the manufacturing of some surfactants, such as Cocamidopropyl betaine which is an ingredient in many personal care products including soaps, shampoos, and cosmetics and other personal care products.
• DMAPA is completely miscible with water, alcohols, esters, and ketones. It has limited miscibility with diethyl ether, benzene, and chlorinated hydrocarbons.
• DMAPA is mild, skin-friendly, and hence its use has increased in the production of soft soap and shampoos as it does not cause irritation to the skin and eyes.
• The global beauty industry is expected to compound annually at 5% to 7% to reach USD 800 billion by 2025.
• Hence, owing to the growing application of Dimethylaminopropylamine (DMAPA) in beauty & personal care products especially in Asia-Pacific region, the demand for Dimethylaminopropylamine (DMAPA) is expected to increase over the forecast period.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region is expected to dominate the market for Dimethylaminopropylamine (DMAPA) during the forecast period. Due to the high demand from countries like China, India, and Japan, the market for Dimethylaminopropylamine (DMAPA) has been increasing in the region.
• The largest producers of Dimethylaminopropylamine (DMAPA) are located in the Asia-Pacific region. Some of the leading companies which are involved in the production of Dimethylaminopropylamine (DMAPA) are BASF SE, Solvay, Huntsman International LLC, Hefei TNJ Chemical Industry Co.Ltd, and Silver Fern Chemical Inc.,
• Chinese pharmaceutical industry which is valued at about ~USD 145 billion currently, represents the biggest emerging market with growth tipped to reach about ~USD 200 billion by 2022, thus increasing the scope of application of DMAPA.
• In Japan, the beauty & personal care industry valued USD 37,330 million in 2019 where the application of DMAPA plays a vital role during the maniufacturing process. However, due to the outbreak of covid-19, the demand for personal care products has been rapidly increasing which is expected to create market demand for DMAPA during the forecast period
• The aforementioned factors, coupled with government support, are contributing to the increasing demand for Dimethylaminopropylamine (DMAPA) market during the forecast period.

Dimethylaminopropylamine (DMAPA) Market Competitor Analysis

The global Dimethylaminopropylamine (DMAPA) market is fragmented, with players accounting for a marginal share in the market. Some of the major companies include BASF SE, Solvay, Huntsman International LLC, Hefei TNJ Chemical Industry Co.Ltd., and Silver Fern Chemical Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dimethyl Ether (Dme) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA110 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：110 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The dimethyl ether (DME) market is expected to register a CAGR of more than 9% during the forecast period.

COVID-19 negatively impacted the market, and considering the pandemic scenario, the demand for DME-based LPG fuel from the automotive segment decreased as people were not traveling frequently. However, after the easing of lockdowns, the industry picked up, and the fuel demand has increased worldwide.

Key Highlights

• Over the short term, the growing demand for the LPG blending application will drive the market’s growth.
• High costs for altering current infrastructure to use DME and increasing EV use can act as a restraint for the market.
• Growing research for using DME as an alternative fuel and an under-established market will likely create opportunities for the market in the coming years.
• Asia-Pacific is likely to dominate the market studied during the forecast period with robust demand for fuel, LPG, and others.

Dimethyl Ether Market Trends

LPG Blending Segment to Dominate the Market

• Liquefied petroleum gas (LPG) is one of the significant applications of dimethyl ether (DME), which can be blended with traditional LPG at a pre-specified ratio for many applications.
• DME is blended with LPG as an alternative fuel additive for enhancing combustion, reducing hazardous emissions, and reducing dependency on LPG. Currently, around 15-25% of DME is utilized in DME-LPG blends, with higher ratio blends being researched, as a better blend may require equipment changes for usage.
• Countries like China, India, and Indonesia, are aggressively pushing for the use of DME as an alternate fuel, as these countries are highly dependent on imports to meet their local LPG demand.
• According to the National Bureau of Statistics of China, the cumulative value of liquefied petroleum gas production in the first ten months of 2022 accounted for 41,071 kilotons, compared to 40,009 kilotons during the same period in the previous year.
• In India, LPG consumption was 2.2 million metric tons (MMT) in April 2022. In 2021-2022, about 90% of LPG was consumed by households, 8% by industrial sectors, and 2% by vehicles in the country.
• Indonesia is another Asian country aggressively pushing for DME blended LPG for its energy needs. Companies, such as Air Products and Chemicals and PT Bukit Asam, are moving forward with significant projects in the country to produce DME from coal for LPG blending applications.
• North America is estimated to be the fasting growing region in the global market. In North America, the United States is expected to be the largest market expected to drive demand in the forecast period.
• DME is used for LPG blending that is in Propane autogas in vehicles. According to the Propane Education and Research Council, there are nearly 260,000 on-road LPG vehicles with certified fuel systems in the United States. Many are used in fleet applications, such as school buses, shuttles, and police vehicles.
• According to the U.S. Energy Information Administration, the consumption of LPG in the year 2021 was 1387.32 thousand barrels/day.
• Therefore, the factors above are expected to significantly impact the market in the coming years.

Asia-Pacific to Dominate the Market

• Asia-Pacific holds the largest consumption share of dimethyl ether (DME) from various end-use applications such as LPG blending, propellants, fuels, and others. In Asia-Pacific, China has a major demand share, followed by Japan, South Korea, and India, among others.
• China is the first country to start using DME-blended LPG on a commercial scale. The majority of China’s DME demand is from households (for LPG blended cooking gas supply). In China, 20% of DME blended LPG products are used for this purpose.
• According to the BP Stats, consumption of oil-based fuel in Asia-Pacific accounted for 184.21 exajoules in 2021, compared to 174.17 exajoules in 2020.
• According to the Petroleum Planning and Analysis Cell, as of April 2022, LPG bottling capacity across the northern region of India amounted to around 6.8 million metric tons per annum. Overall, the bottling capacity across the country stood at around 21.5 million metric tons per annum.
• According to the METI (Japan), the production volume of liquified petroleum gas (LPG) in Japan accounted for 3.15 million metric tons in 2021, compared to 3.04 million metric tons in 2020.
• Thus, the demand for DME is expected to increase during the forecast period in the region due to the factors mentioned above.

Dimethyl Ether Market Competitor Analysis

The dimethyl ether market is partially consolidated, with the top five players accounting for a significant share. Some of the key players in the market include KOREA GAS CORPORATION, ZPCIR, Jiutai Energy Group, Mitsubishi Corporation, and Nouryon (not in any particular order).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Diethylene Glycol (Deg) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA109 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：110 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The diethylene glycol market is expected to register a CAGR greater than 4% during the forecast period (2022-2027).

Key Highlights

• Unfavorable conditions arising due to the COVID-19 outbreak hindered the growth of the market in the past year, but it has recovered, and the market is growing at a steady pace.
• Key driving factors responsible for the rising growth of the market are the increasing demand in the construction industry and the paints and coatings industry in the emerging economies of India and China.
• However, regulations restricting DEG use due to its toxic nature and volatile prices of raw materials are the major restraints of the market.
• The rising demand for diethylene glycol as a chemical intermediate in the chemical industry due to increased downstream uses in PET resins and the textile industry are the major opportunities to drive the market in the future.
• The Asia-Pacific region has dominated the market across the world and is going to be the fastest-growing market due to the rise in infrastructure development and rapid industrialization.

Diethylene Glycol (DEG) Market Trends

Increasing Demand in the Plastics Industry

• Diethylene glycol is an organic compound that is produced by partial hydrolysis of ethylene oxide. It is a colorless and odorless, low volatility, and low viscosity liquid with a sweet taste.
• Increasing the use of diethylene glycol as raw material in the production of plasticizers for paper, cork, and synthetic sponges, the demand for diethylene glycol is rising in the plastic industry, which is expected to drive its market during the forecast period.
• Diethylene glycol is also used for producing plastic materials, like polyurethane, which is used for insulation of refrigerators and freezers and as a coating and sealant material in the automobile industry.
• China is the largest producer of polyurethane raw materials and products in the global market. Production of polyurethane products in China increased from 6.5 million tons in 2010 to 13 million tons in 2018. The production has further increased through 2019, dipped slightly in 2020, and further recovered through 2021.
• Owing to all the above-mentioned factors for diethylene glycol, its market is expected to grow rapidly over the forecast period.

The Asia-Pacific Region to Dominate the Market

• In countries, like China and India, owing to the increasing government spending on infrastructure development and rapid industrialization, the demand for diethylene glycol has been increasing in the region.
• The increasing need for products, such as polyester resins and polyurethanes, in various end-user industries, like construction and building, plastic and automotive, is projected to boost the demand for diethylene glycol in the region as it acts as a chemical intermediate for their production. Moreover, the rising production of various chemicals in Asia-Pacific countries has impacted the market growth.
• The Indian chemical industry produces 80,000 different chemical products. Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan, and China.
• Moreover, the Indian chemicals industry stood at USD 178 billion in 2019 and is expected to reach USD 304 billion by 2025, registering a CAGR of 9.3%. The demand for chemicals is expected to expand by 9% per annum by 2025. The chemical industry is expected to contribute USD 300 billion to India’s GDP by 2025.
• According to the China National Coatings Industry Association, in China, the demand for coatings in the country is likely to grow by 8% with the support of building and construction and automotive manufacturing. Moreover, the country is the major producer of chemicals worldwide.
• China and India are the top two largest populated countries, and both the countries are still developing. So, there is a huge growth expected in the agrochemicals, paints and coatings, and personal care industries. This will increase the demand for diethylene glycol in this region.

Diethylene Glycol (DEG) Market Competitor Analysis

The diethylene glycol market is highly fragmented in nature. Some of the major players in the market include (not in any particular order) Reliance Industries Limited, SABIC, Dow, Huntsman International LLC, and Shell PLC, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Dicyclopentadiene Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA108 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The dicyclopentadiene market is expected to register a CAGR of more than 5.5% globally during the forecast period (2022-2027).

The market was negatively impacted by COVID-19 in 2021. The pandemic negatively impacted various end-user industries of dicyclopentadiene, thereby declining the consumption of DCPD-based chemicals. However, the market excepted to retain its growth trajectory in the coming years.

Key Highlights

• Dicyclopentadiene (DCPD) is the dimer of cyclopentadiene that is produced through the Diels-Alder Reaction. It is a colorless, flammable substance with a camphor-like odor. The growing consumption of batteries and increasing use of dicyclopentadiene as industrial catalysts and solvents have been driving the market growth.
• However, the high cost associated with the production of dicyclopentadiene and the increasing risk from substitutes are likely to hinder the growth of the studied market.
• The R&D activities to develop environment-friendly products, like bio-based ethylene propylene diene monomer (EPDM), owing to increasing concerns about the harmful effects of certain products on the environment, are likely to provide opportunities for the dicyclopentadiene market over the next five years.
• The Asia-Pacific region dominated the market across the world, with consumption from countries like China, Japan, and India.

Dicyclopentadiene Market Trends

Unsaturated Polyester Resin (UPR) is Expected to Dominate the Market

• Unsaturated polyester resin’s primary qualities include simple processing, fine mechanical properties, chemical-erosion resistance, and electricity performance, making it appropriate for a wide range of applications in agriculture, transportation, and other industrial uses, increasing the market demand for DCPD.
• Unsaturated polyester resin is a key ingredient in manufacturing paints and coatings, adhesives, rubber, pesticides and insecticides, varnishes, modified wax, and other non-woven products due to its superior mechanical and functional properties.
• Moreover, unsaturated polyester resin is extensively used in the construction industry. The construction industry is witnessing growth in Asia, the Middle East, and North America due to increased investments in the residential and non-residential sectors to construct new infrastructure and eco-friendly buildings.
• The UPR grade has the edge over the resin grade due to superior color properties and the smaller number of trimmers and co-dimers associated. Other than this, the high purity grade is also expected to witness promising growth due to rising consumption in the production of flavorants, fragrances, cyclic olefin copolymers, and antioxidants.
• All the aforementioned factors are expected to drive the dicyclopentadiene market during the forecast period.

The Asia-Pacific Region is Expected to Dominate the Market

• The Asia-Pacific region stands to be the largest market for dicyclopentadiene. Moreover, the growing demand from the building and construction and electrical and electronics segments in the region is also expected to contribute to the demand in the market studied during the forecast period.
• China is in the midst of a construction mega-boom. The country has the largest buildings market in the region and in the world, making up 20% of all construction investments globally. The Chinese government is estimated to have an annual limit for new infrastructure bonds worth CNY 3.85 trillion in 2022, up from CNY 3.65 trillion in 2021.
• According to OICA, around 4.39 million vehicles were produced in China in 2021. Furthermore, the Chinese government is promoting electric vehicles, which is positively influencing the market. In April 2020, the Ministry of Finance of the People’s Republic of China issued a notice on ways to promote financial subsidies for new electric vehicles. It stated that new EVs purchased between January 1, 2021, and December 31, 2022, would be exempted from vehicle purchase tax.
• In India, the electronics market witnessed a growth in demand, with market size increasing at a rapid growth rate. India’s electronic goods exports fetched USD 11.11 billion in 2020-21. The growing electronics and appliances markets in India and China may push the market growth further in Asia-Pacific.
• Hence, all such market trends are expected to drive the demand for dicyclopentadiene in the region during the forecast period.

Dicyclopentadiene Market Competitor Analysis

The dicyclopentadiene (DCPD) market is partially fragmented, with no top player capturing a significant share in the market studied globally. Some of the major companies are Braskem, Chevron Phillips Chemical Company, ENEOS Corporation, Dow, and Zeon Corporation, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Detergents Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023- 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA107 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The detergents market is projected to register a CAGR of over 4% during the forecast period.

COVID-19 negatively impacted the market in 2020. It paused the production of laundry detergents and disrupted the supply chain. However, the consciousness regarding personal hygiene and clean surroundings increased in the current situation, stimulating the demand for laundry and household cleaning products and enhancing the market growth of detergents in 2021.

Key Highlights

• Over the short term, increasing usage of detergents in the personal and laundry care segment is the major factor driving the market’s growth.
• However, stringent environmental regulations are a key factor anticipated to restrain the growth of the target industry over the forecast period.
• Nevertheless, adopting organic laundry detergent and increasing the application of detergents as cloth softeners will likely create lucrative growth opportunities for the global market soon.
• The Asia-Pacific region is expected to dominate the market across the world, with the largest consumption from countries such as China and India.

Detergents Market Trends

The Laundry Cleaning Products Application is Expected to Witness Higher Potential Growth

• Laundry liquids are powerful laundry cleaning products applied to stubborn stains before washing. These liquids are formulated using a specified surfactant system of naturally derived alkyl, hydroxyalkyl sulfate, sulphonate surfactant, and mid-chain branched amine oxide surfactants.
• In 2021, the laundry care segment accounted for more than 50% of the home and laundry care market globally in terms of revenue, and it is likely to grow during the forecast period, owing to increasing hygiene consciousness among consumers, which, in turn, is expected to boost the market demand.
• With technological advancements, laundry-liquid manufacturers now use a new ingredient known as rapeseed oil (non-GMO) that offers benefits with its low foaming properties.
• Foam is detrimental to the washing process and may result in about 50% loss of the washing strength. Laundry liquid is formulated for the pre-spraying of stubborn stains on garments. It helps in removing even the toughest stains and offers exceptional cleaning results.
• Liquid laundry detergent is primarily used in cleaning laundry and has two main end-user segments, such as residential and commercial.
• According to the Bureau of Labor Statistics, in the United States, the average annual expenditure on soaps and detergents in 2020 accounted for USD 75.53, which increased to USD 80.49 per consumer unit in 2021.
• According to the Russian Federal State Statistics Service, Russia’s output of detergents has been steadily rising yearly. The volume of detergent production peaked in 2021 when 2,139 thousand metric tonnes of cleaning supplies were produced.
• Owing to all these factors, the detergent market will likely grow globally during the forecast period.

The Asia-Pacific Region is Expected to Dominate the Market

• Asia-Pacific is currently the fastest-growing market both for household and industrial detergent consumption. In terms of demand and supply, India and China are the market leaders in the Asia-Pacific region.
• The increasing awareness about the liquid laundry detergent market and the growth in industrial advancements in these emerging economies are expected to drive the growth of the market in Asia-Pacific.
• China has a promising global tourism future, attracting tourists from abroad. Major hotel chains have been drawn to develop dominance in the Chinese luxury market as a result. As a result, there is an increasing need for textiles and washing products to keep hotel grounds neat.
• According to the National Bureau of Statistics of China, there has been significant growth in hotel enterprises in China. In 2021 there was a total of 27,766 enterprises an increase of nearly 2,500 enterprises compared to 25,281 in 2020.
• The increasing demand for convenient and easy-to-use/apply detergent products contributed to the evolution of detergents in India. The increase in government initiatives and awareness to lead a healthy life among the rural Indian population are contributing to the increased sales of detergents in the country.
• According to IBEF, in May 2021, Indo Count Industries Ltd. (ICIL) announced an investment of Rs. 200 crore (USD 26.9 million) to expand its production capacity of bedding solutions.
• The detergent sector, with its increasing ability to influence consumers through advertisements, is rapidly growing. For instance, to increase its customer base, Rohit Surfactants spread its distribution network for Ghari detergent to more states in India. Moreover, in the last three years, the company increased its reach to 10 more states, and it sells Ghari detergent through more than 3,500 dealers. Additionally, Ghari has always maintained affordable pricing.
• Due to all such factors, the market for detergents in the region is expected to have steady growth during the forecast period.

Detergents Market Competitor Analysis

The detergents market is partially consolidated in nature. The major players include Henkel AG & Co. KGaA, Procter & Gamble, Unilever, Kao Corporation, and E.U.D.GROUP, a.s., among others (not in any particular order).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Defoamers Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA105 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、東南アジア、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：130 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for defoamers is expected to register a CAGR of over 4% during the forecast period. One of the major factors driving the market studied is the increasing paints and coatings production. However, the market is likely to be restrained by the negative impact of the COVID-19 outbreak.

Key Highlights

• The growing demand for eco-friendly defoamers is likely to act as an opportunity for the market in the future.
• Asia-Pacific accounted for the major share of the market globally.

Defoamers Market Trends

Water and Wastewater Treatment Segment to Drive the Market Growth

• The defoamers find their applications in industrial and municipal wastewater treatment technologies. The applications of defoamers benefit these processes through increased production capacity, output volume, and reduced operational cost.
• The foam in the wastewater treatment systems can result due to biological activity, mechanical action, chemical contamination, surfactants in the influent, or some polymer treatments.
• Thus defoamers reduce the health hazard posed by the foam formation in wastewater treatment plants.
• The leading market for defoamers from the water and wastewater treatment industry was China, followed by the United States and Germany.
• The demand for defoamers from the water treatment industry is expected to record a CAGR of 5% during the next 5 years. China is expected to be the major contributor to the growth.
• The major companies providing defoamers for water and wastewater treatment industry include Suez, BASF SE, Buckman, Accepta, Dow, and Croda International PLC, among others.

Asia-Pacific to Dominate the Market

• Asia-Pacific accounted for the major market share, owing to the high demand from countries like China and India.
• China is one of the largest consumers of defoamers in the Asia-Pacific region. This could be attributed to the fact that the country is the largest producer of automobiles, and has the largest market share in the growth of the SUV market.
• Moreover, the country is the largest construction market in the region. This growth in the construction sector is expected to lead to an increase in the demand for paints and coatings, and in turn, is likely to push the growth for defoamers in the country.
• The country is the largest producer and exporter of textiles in the world. The textile industry in China diminished a little in recent years but still offers significant opportunities. According to the China National Textile and Apparel Council, the Chinese textile industry is expected to grow at a healthy annual rate of 7%. The Council is also planning to boost the exports of fiber products to USD 400 billion by 2020.
• Owing to the aforementioned reasons, Asia-Pacific is likely to witness the highest growth rate during the forecast period.

Defoamers Market Competitor Analysis

The market for defoamers is moderately consolidated, as the majority of the market is occupied by a few key companies. Some of the major players of the market include BASF SE, Croda International PLC, Ashland, Evonik Industries AG, and Clariant AG, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Curing Agent Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA104 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for curing agents is expected to grow at a CAGR of over 5% globally during the forecast period. Growing demand for lightweight composites and increasing demand from the paints & coatings industry are driving the market. On the flip side, stringent environmental regulations and unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.

Key Highlights

• The curing agent market is expected to grow during the forecast period owing to the increasing demand for epoxy curing agents.
• Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Curing Agent Market Trends

Growing Demand for Epoxy Curing Agents

• Among curing agents, epoxy curing agents are used for a variety of applications and are expected to account for the largest market during the forecast period.
• Curing agents are the substances that promote chemical reaction between oligomers, pre-polymers, and polymers to obtain final polymerization and final film. Curing agents like amine, amide, silane, and anhydride are used to cure epoxy resin by reacting with epoxide groups or by promoting the self-polymerization of the epoxy group by catalytic action.
• In the construction industry, epoxy curing agents are used to produce thermosetting adhesives that provide environmental resistance and superior strength. Epoxy curing agents are used in the development of lightweight composites for building and construction to provide architectural infrastructure and to overcome the construction challenges.
• Epoxy resins as primers, sealers and waterproofing agents are extensively used to protect concrete from moisture. Epoxy resins used in curing concrete as they provide great adhesion, fast dry and high mechanical strength to concreate.
• Moreover, in paints and coatings, epoxy curing agents are used for over a wide range of systems such as water-borne, solvent-borne, powder and radiation curing coatings. They improve substrate adhesion and provide corrosion, chemical, and water-resistance as well as improve durability.
• Apart from coatings, Epoxy curing agents are mainly used in the manufacture of electrical composites as they provide good mechanical & thermal strength and high electrical insulation.
• The market growth of curing agents is fueled by the increasing use of epoxy resins in the construction industry.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region is expected to dominate the market for curing agents during the forecast period as a result of the increase in demand from countries like India, and China.
• Curing agents are used in primer, powder coating, and topcoat formulations, making of lightweight composites, mortars, electrical castings, and many more. They are even suitable for marine applications because of their underwater cure. Curing agents can be used for a variety of applications because of their wide range of properties such as low or high-temperature cure, variable pot life, higher strength, and excellent corrosion resistance.
• In the union budget 2019-20, India allocated about USD 61.96 billion for the developments in the defense sector. Moreover, in 2019, China has allocated around USD 177.61 billion for military and defense sector. The increase in investments in the military sector from India and China is expected to drive the consumption of composites and adhesives.
• According to the National Development and Reform Commission, China, the Chinese government approved 26 infrastructure projects at an estimated investment of about USD 142 billion in 2019. Moreover, the Indian government has allocated USD 63 billion for the infrastructure sector in 2019-20 and is planning to spend USD 1.4 trillion over the next five years.
• The development of smart cities and other schemes like “housing for all” are expected to increase the demand for construction as well as paints and coatings.
• As a part of India’s green energy initiative, Indian s renewable energy capacity is expected to reach 175GW by 2022 from a current value of 85GW through solar and wind energy generation. The increase in investments in wind energy promoting the use of lightweight composites is expected to drive the market for curing agents.
• The aforementioned factors coupled with government support are contributing to the increasing demand for curing agent market in the Asia-Pacific region during the forecast period.

Curing Agent Market Competitor Analysis

The global curing agent market is partially fragmented with players accounting for a marginal share of the market. Few companies include BASF SE, Hexion, Evonik, Olin Corporation, and Mitsubishi Chemical Corporation.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Cumene Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA103 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、フランス、イギリス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global cumene market is estimated to reach over 15,700 kilotons by the end of this year and is projected to register a CAGR of over 4.5% during the forecast period.

The sudden onset of the COVID-19 pandemic in 2020 caused demand for cumene to decline in the global market, leading to low demand for phenol and acetone derivatives of cumene. The phenol market segment witnessed a lower growth rate from early 2020 to mid-2021 owing to the suspension of industrial activities. The production of phenol decreased due to the impact of COVID-19 on the industry, the region, and subsequent supply chain operations. Moreover, the pandemic affected the major end-user industries of cumene, such as cosmetics and personal care, paints and enamels, high-octane aviation fuels, and polymer industries, where declined sales weakened the demand for cumene for a long period. However, the market is projected to grow steadily, owing to a rapid headstart in activities of various end-user industries such as construction and others, which consume cumene and its derivative-based products, post the pandemic retraction.

Key Highlights

• Over the medium term, the increasing demand for phenol from the plastic industry​ and the large consumption of acetone as a solvent ​are major factors driving the growth of the market studied.
• On the flip side, harmful effects ehibited by cumene and its derivatives due to extended exposure is anticipated to significantly hinder the market’s growth.
• Nevertheless, the rising investments and applications of bisphenol A (BPA) is likely to create lucrative growth opportunities for the global market soon.
• Asia-Pacific is expected to dominate the global market during the forecast period. Also, it is expected to register the highest CAGR during the forecast period.

Cumene Market Trends

Increasing Demand from Phenol Segment

• One of the major applications of cumene is in the production of phenol. The liquid-phase oxidation of cumene with molecular oxygen forms cumene hydroperoxide, further decomposed with a catalyst into phenol and acetone.​
• Phenol plays a major role in many industries. Some common applications of phenol include plywood, window glazing, DVDs and CDs, computers, sports equipment, fiberglass boats, automotive parts and accessories, circuit boards, and flat-panel televisions.
• The growth in the automotive sector is imperative to the growth of the phenol market, which in turn increases the demand for cumene. The automotive industry registered massive growth in the past few years. According to OICA, the total number of vehicles produced in 2021 was 80,145,988, a growth of 3% compared to 2020.
• Phenol is also a major component in phenolic adhesives used in wood products such as plywood and oriented strand board. Also, it is a valuable intermediate in producing detergents, agricultural chemicals, medicines, plasticizers, and dyes.
• The largest single market for phenol is in the production of Bisphenol A (BPA), which is manufactured from phenol and acetone. BPA, in turn, is used in the manufacturing of polycarbonate and epoxy resins which are used in many different sectors, making phenol a major component in end-user sectors thus triggering its production in different regions.
• According to the Ministry of Economy Trade and Industry (METI), the total production volume of phenol in Japan amounted to 617.7 thousand tons in 2021 and registered a growth rate of 11.9% compared to 551.69 thousand tons in 2020. Higher production rates of phenol are likely to drive up the consumption rate of cumene in the future.

China to Dominate the Asia-Pacific Market

• In the Asia-Pacific, China dominates the regional market share. Cumene is a top commodity chemical due to its high demand in various chemical processes. The primary use of cumene is as an intermediate in producing phenol and acetone. The expanding chemical manufacturing sector and growing end-user demand in Asia-Pacific countries support the positive market dynamics of cumene.
• Small amounts of cumene are also used as thinners for paints, lacquers, and enamels and as solvents in paints and other coatings. China accounts for more than one-fourth of the global coatings market presently. Nippon has been tapping into this market by upgrading its coatings production process across its new plants in China. The ​company’s revenue in China was valued at CNY 379.1 billion (USD 54.55 billion) in 2021.
• In May 2021, PPG announced the completion of its USD 13 million investment in its Jiading, China, paint and coatings facility, including eight new powder coating production lines and an expanded powder coatings technology center that is expected to enhance PPG’s research and development capabilities. The expansion is likely to increase the plant’s capacity by more than 8,000 tons per year.
• Cumene is also used as a gasoline blend for providing high octane aviation fuel, which is being used in the jet and commercial aircrafts. Additionally, according to the Civil Aviation Administration of China (CAAC), China is one of the largest markets for domestic air passengers. The civil aircraft fleet in the country has been increasing steadily for the last five years. ​
• According to the China Aviation Transportation Association, China had a total of 3,066 general aviation aircraft, including 1,583 turboprops and piston airplanes and 1,049 helicopters as well as 360 business jets and 74 other general aviation aircrafts as of June 2021.

Cumene Market Competitor Analysis

The global cumene market is fragmented in nature. The major market players (in no particular order) include Cepsa, INEOS, Kumho P&B Chemicals Inc., Dow, and Koch Industries Inc., among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Cryogenic Valves Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA102 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：部品 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global cryogenic valves market is estimated to witness healthy growth, recording an estimated CAGR of over 4% during the forecast period 2022-2027.

While the market was negatively impacted by the COVID-19 pandemic, it is now estimated to have reached pre-pandemic levels.

· The major factor driving the growth of the market studied is the increasing demand for industrial gases.

· Safety concerns regarding the operation of liquefied gases are likely to hinder the growth of the market.

· The growing demand from the chemicals industry is also expected to boost the market for cryogenic valves over the coming years.

· The Asia-Pacific region is expected to dominate the market and witness the highest CAGR during the forecast period.

Cryogenic Valves Market Trends

Increasing Usage in the Oil and Gas Industry

· In the oil and gas industry, the cryogenic temperature range starts at -238°F (-150°C). Also, some gases are considered cryogenic gases as it takes more than just an increase in pressure to compress their volume.

· Cryogenic valves are used to store and transport these cryogenic gases safely and efficiently. They are designed for suitable integrity pressure protection and emergency shutdowns in temperatures as low as ‒196°C.

· The recovery in oil production activities is expected to boost the cryogenic valves market over the next few years.

· The demand for oil and gas has been on a general trend of increasing, which has resulted in an increase in drilling activities around the world in an effort to discover new fields. Since almost all the easy oil has already been discovered, the wells being drilled now are deeper and more complex than before. Deep and ultra-deep-water drilling operations are also on the rise.

· Owing to these factors, the market for cryogenic valves is likely to grow across the world during the forecast period.

Asia-Pacific Region to Dominate the Market

· The Asia-Pacific region dominates the global market share. With oil and gas industrial activities growing and the demand from food and beverage and chemical industries increasing in countries, such as China, India, and Japan, the usage of cryogenic valves is increasing in the region.

· The consumption of cryogenic valves is high in oil and gas, and downstream production has increased in China. This is further increasing the production capacities of petrochemicals, thus augmenting the consumption of cryogenic valves in the country.

· Chemicals production is another prominent end-user industry in China. Many major companies in the market have their chemical plants in China. These companies have increased their production capacities to meet the increasing demand.

· The oil and gas industry in India is growing robustly with major players making investments to cater to burgeoning demand. The industry was expected to attract USD 25 billion investments for production and exploration activities by 2022.

· The aforementioned factors, coupled with government support in these countries, are expected to contribute to the increasing demand for cryogenic valves in the region during the forecast period.

Cryogenic Valves Market Competitor Analysis

The cryogenic valves market is fragmented in nature. Some of the major players in the market include Parker Hannifin Corp., Emerson Electric Co., Velan Inc., Baker Hughes (a GE Company), and Flowserve Corporation, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Crude Steel Market | Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA101 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：金属 ■ ページ数：250 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The crude steel market was valued at over USD 1,340,036.18 million in 2021, and it is projected to register a CAGR of 1.56% in terms of revenue during the forecast period (2022-2027).

In 2021, the demand for crude steel increased due to an increase in demand in various industries such as construction, tools and machinery, energy, transportation, and others. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2021, around 80.15 million vehicles were produced across the world, witnessing a growth rate of 3% compared to ~77.71 million vehicles in 2020, thereby enhancing the consumption of crude steel in the manufacturing of different automotive parts.

Key Highlights

• Over the short term, increasing demand from the building and construction industry and recovering automotive production will likely drive the market’s growth.
• On the flipside, depleting natural resources and the availability of substitutes are likely to hinder the growth of the studied market.
• The growing trend of a circular economy will likely act as an opportunity for the studied market.
• The Asia-Pacific region is expected to dominate the market across the world, with the largest consumption from countries such as China and India.

Crude Steel Market Trends

Increasing Demand from the Building and Construction Industry

• Steel, along with its alloys, is one of the most common metals used across the world in the construction sector. Buildings from houses to car parks to schools and skyscrapers all rely on steel for their strength.
• Steel is also used on roofs and as cladding for exterior walls. Products, such as roofing, purlins, internal walls, ceilings, cladding, and insulating panels for exterior walls, are made of steel.
• Steel is also found in many non-structural applications in buildings, such as heating and cooling equipment and interior ducting.
• Internal fixtures and fittings, such as rails, shelving, and stairs are also made of steel, providing a robust and stiff frame to the building.
• Steel in the form of Rebar is used to provide support and resistance to design loads. It also plays a vital role in reducing the chances of cracking and risks of temperature-induced stresses. This may help the structure/building remain firm and increase its lifespan.
• According to the United Nations (UN), around 50% of the global population resides in urban cities, which is projected to touch 60% by 2030. The pace of economic and demographic growth must be in harmony with the demand for commercial, residential, and institutional construction activities. By 2030, around 40% of the global population is likely to need housing at the rate of over 96,150 houses per day. Hence, with the growth of the residential sector, the use of steel is expected to increase.
• The construction industry in Asia-Pacific is expected to become the largest and fastest-growing worldwide, with approximately a 45% share of the global construction spending coming from the region.
• According to China’s Five-Year Plan unveiled in January 2022, the construction industry in the country is estimated to register a growth rate of 6% in 2022. China plans to increase the construction of prefabricated buildings to reduce pollution and waste from construction sites. The prefabricated parts, either partially or wholly manufactured and then transported to the construction sites for assembly, may account for over 30% of the new construction in the country.
• According to the Federal National Mortgage Association (Fannie Mae), in the United States, residential house construction, including privately‐owned housing units authorized by building permits in January, was at a seasonally adjusted annual rate of 1,899,000. This is 0.7% above the revised December rate of 1,885,000 and 0.8% above the January 2021 rate of 1,883,000.
• Moreover, privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,638,000. This is 4.1% below the revised December estimate of 1,708,000 but is 0.8% above the January 2021 rate of 1,625,000. The January rate for units in buildings with five units or more was 510,000.
• According to the American Institute of Architects, the overall non-residential building construction in the United States is expected to grow to 3.1% in 2022. The construction of hotels is expected to rise by 8.8% in 2022 and of office spaces by 0.1%. The subsequent increase is expected to enhance the growth of the steel market during the forecast period.
• Therefore, such industry trends are expected to simultaneously drive the demand for steel in the building and construction sector.

The Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region has experienced favorable growth in the crude steel industry, with countries like China and India holding significant consumption shares.
• China is the largest producer of crude steel globally. According to the World Steel Association, in 2021, China accounted for more than 50% of the global production. In 2021, the country’s annual crude steel production capacity stood at 1,032.8 million tons, declining by 3% compared to 1064.7 million tons produced in 2020. The strong growth of steel production in the country was due to the growing demand from various end-user industries.
• Furthermore, in the first quarter of 2022, crude steel production declined by 10.5% to 243.4 million tons, whereas 88.3 million tons were produced in March alone.
• The expansion of the automotive segment in China is anticipated to benefit the demand for crude steel. According to the International Organization of Motor Vehicle Manufacturers (OICA), China is the largest producer of automobiles, accounting for about 32.5% of the global volume. The country alone produced 2,60,82,220-unit vehicles in 2021, registering an increase of 3% compared to 25,225,242 units in 2020.
• Moreover, the Chinese airline companies are planning to purchase about 7,690 new aircraft in the next 20 years, valued at approximately USD 1.2 trillion, further expected to raise the market demand for crude steel.
• India is the second-largest steel producer globally, with 118.1 million tons of crude steel in 2021, registering an increase of 17.8% compared to 100.3 million tons produced in 2020. The favorable factors account for the easy availability of a low-cost workforce and abundant iron ore reserves.
• Furthermore, according to the World Steel Association, in the first quarter of 2022, the production capacity of crude steel stood at 31.9 million tons, registering an increase of 5.9% compared to the same period last year.
• As per the reports by the Society of Indian Automobile Manufacturers, SIAM, the country produced 4,399,112 units of passenger cars and light vehicles in 2021. Moreover, the government’s reforms, such as “Aatma Nirbhar Bharat” and “Make in India” programs, are expected to boost the automotive industry.
• According to the IATA (International Air Transport Association) report, India is poised to become the third-largest global aviation market by the end of the forecast period. The country is projected to have a demand for 2,100 aircraft over the next two decades, accounting for over USD 290 billion in sales. ​Due to these factors, the demand for crude steel from the aerospace sector is expected to rise in the future.
• Therefore, all the above-0mentioned factors are likely to significantly impact the demand in the market studied in the years to come.

Crude Steel Market Competitor Analysis

The market studied is fragmented in nature, with moderately high competition among the market players to increase their shares. Some of the key companies in the market include China BaoWu Steel Group Corporation Limited, ArcelorMittal, Nippon Steel Corporation, HBIS GROUP, and Shagang Group.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Crosslinking Agent Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA100 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：164 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global crosslinking agent market is estimated to be valued at 6,673.17 USD million in 2022 and is expected to register a CAGR of more than 5% during the forecast period (2022-2027).

Key Highlights

• The major factors driving the market are rising demand for a variety of coatings and an increased emphasis on high-performance crosslinking agents.
• In contrast, the presence of self-crosslinking agents might hamper market growth.
• Whereas the increasing demand for innovative coatings is a major opportunity in the global crosslinking agent market during the forecast period.

Crosslinking Agent Market Trends

Increasing Demand for Decorative Coatings

• Decorative coatings are applied to the interior and exterior surfaces of residential, commercial, institutional, and industrial buildings. ​The increase in the construction sector across the world is, in turn, boosting the demand for various crosslinking agents in decorative coatings.
• The construction sector in the Asia-Pacific region is the largest in the world and is increasing at a healthy rate, owing to the rising population, increase in middle-class income, and urbanization.​
• China is one of the leading countries, with respect to the construction of shopping centers. China is one of the leading countries in shopping-center construction. China has almost 4,000 shopping centers, while 7,000 more are estimated to be open by 2025.​
• In Canada, various government projects, including the Affordable Housing Initiative (AHI), New Building Canada Plan (NBCP), and Made in Canada, have been supporting the expansion of the sector. According to the Canadian Real Estate Association, the number of housing units sold in Canada in 2019 were 489 thousand and was forecasted to reach 583 thousand in 2021.​
• The market is expected to recover with the resumed construction activities, which is anticipated to drive the demand for decorative coating during the forecast period.​

Asia-Pacific Region to Dominate the Market

• Asia-Pacific is expected to dominate the global market, owing to the highly developed automotive sector in China, coupled with the continuous investments done in the region to advance the architectural and various industrial sectors through the years.
• The government of China estimates a 20% penetration rate of electric vehicles by 2025. With the increasing production of vehicles in the country, the demand for automotive coating is likely to ascend, which is anticipated to influence the market for crosslinking agents.​
• Automobile manufacturing in China is a significant contributor to global automobile production. As per the reports by OICA, the country accounted for over 30% production share in 2021. This includes the production of passenger cars and light and heavy commercial vehicles. The country produced 25,225,242 units of vehicles in 2020 and 18,242,588 units from January to September in 2021.
• In India, under the Make in India reform, the government of the country has offered favorable regulations for multinationals to set up their bases in India. Moreover, an increase in FDI share in the manufacturing industry is further likely to attract investments by foreign players. Thereby, it is expected to support industrial production in the upcoming years.
• As per the reports by the Ministry of Economy Trade & Industry (METI), industrial production in Japan increased by over 3% in 2021. The global market has witnessed ascending growth in 2021, leading to the increased demand for industrial electronics and household appliances. The country has a large production base for electronics and other components, the majority of which is exported to the economies in North America, Europe, and Asia-Pacific.
• Continuous growth in the paint and coatings industry for various applications is expected to drive the market for crosslinking agents through the years to come.

Crosslinking Agent Market Competitor Analysis

The global crosslinking agent market is partially fragmented in nature in terms of revenue with many players competing in the market. Some of the major players in the market include (not in any particular order) Evonik Industries AG​, BASF SE, DOW, Huntsman International LLC, and Allnex GMBH, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support