Key Players
Some of the prominent players operating in the global acetone market are INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands), The Dow Chemical Company (U.S.), Cepsa (Spain), Mitsui Chemicals, Inc. (China), Altivia (U.S.), LCY GROUP (Taiwan) Formosa Chemicals & Fiber Corporation (China), Prasol Chemicals Pvt. Ltd. (India) and EMCO Limited (India) among other
Segmentation
The global acetone market is categorized on the basis of application, end use industry, and region. On the basis of application, the acetone market is categorized into methyl methacrylate, bisphenol A, and solvent. On the basis of end use industry, the market is segmented into pharmaceuticals, personal care, paints & coatings, plastics, construction and electrical & electronics. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Regional Analysis
The worldwide acetone market comprises of five areas: Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among these, Asia Pacific is anticipated to develop with the most astounding CAGR amid the survey time frame, 2017 to 2023 by virtue of extending paints and coatings and construction industries. Rising white collar class populace and their increasing expenditure on enhancing the living standards for everyday comforts is required to increment more in the time frame, 2017 to 2023. The acetone market is anticipated to increment in various nations of the Asia Pacific, for example, China, India, Japan and Indonesia because of expanding urbanization and populace is expected to drive the market in the estimate time frame.
North American acetone market COVID-19 Analysis is anticipated to witness a huge development by virtue of high acetone consumption potential, expanding production capacities, and rising monetary development rate. Expanding interest for electrical and electronic appliances and pharmaceuticals are the elements driving the market. In Europe, the interest for acetone is anticipated to develop in different nations, such as, Italy, Germany, Spain, U.K, France, and Russia by virtue of expanding use in advancement in health care and cosmetic products and increasing purchasing power of consumers. In the Middle East, interest for construction and paints & coatings industries are boosting the acetone market in the review period. As acetone solvent is broadly utilized as an integral part in paints and coatings, it is foreseen to be the real driver in the assessment period. Latin American nations, such as, Argentina, Colombia, and Brazil are having political emergency in the rising economies of this area. Money related obligation in these nations has crossed their income which is the real restriction for the acetone market to develop in the forecast period.
Market Overview:
Acetone is a clear, colorless, and volatile fluid with a sweet aroma. The major route for production acetone is by cumene peroxidation where phenol is obtained as a secondary product. The major application of acetone is in the production of acetone cyanohydrin for methyl methacrylate (MMA), bisphenol A (BPA). The other applications include heavy metal degreaser, cleaning tools and chemical peeling in pharmaceuticals, personal care, paints & coatings, plastics and construction end use industries. Acetone has characteristics such as high solvency and a high rate of evaporation which enable them to find their application in many everyday products including paints, cleaning fluids, nail polish remover, and adhesives
In the present scenario, direct solvent applications have a higher share in the global acetone market. MMA is having the second highest global market share followed by bisphenol A. The largest end use for MMA is PMMA (polymethyl methacrylate). PMMA resins are used to produce acrylic sheet and acrylic molding and extrusion compounds. These resins have major applications in the construction, automotive, and computer segments are now seen as key growth markets by polycarbonate manufacturers. The important positive impacting factors for acetone market growth are surge in global industrialization, increasing demand for personal care products, and increasing government investments in construction projects. Moreover, demand for acetone is anticipated to observe significant growth over the review period owing to increasing demand in plastics industry. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023.
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Market Overview:Increasing demand for dietary supplements and nutritive food & feed is one of the major factors contributing to the growth of the global glycinates market.
Glycinates are serving as an important additive in most of the food, beverage, supplements, and animal feed products.
Availability of glycinates in various forms has influenced the demand from various industries apart from food & feed industry.Access Report Details @ https://www.marketresearchfuture.com/reports/glycinates-market-5546Market Forecast:The global glycinates market share in the foods & feed industry is intensifying by the growing demand for functional food & feed additives in the developed & developing countries.
Increasing prevalence of deficiency diseases among the growing population is found to be a key factor responsible for the growth of glycinates market.Furthermore, improved processing methods and demand for nutritive food products in the developing countries are positively supporting the growth of the global glycinates market.
Additionally, restriction on the use of antibiotics in food & feed formulations in the North American & European region is adding fuel to the market growth.
Downstream analysis:The global glycinates market is segmented into type, form, and application.On the basis of the type, it is segmented into zinc, copper, manganese, magnesium, calcium, sodium, and others.
Market SegmentationThe global nano coatings market is segmented by raw material, a coating method, type, end-use industry, and region.On the basis of the raw material, the global nano coatings market is segmented into alumina (Al2O3), titania (TiO2), chromia (Cr2O3), silicon dioxide (SiO2), tungsten carbide (WC), yttria-stabilized zirconia (YSZ), lanthanum strontium manganite (LSM), combination chemistries, and others.
Titania accounted to have the largest market share under raw material category in 2017 due to easy availability and performance efficiency and is expected to continue leading over the forecast period 2018-2023.On the basis of the coating method, the global nano coating market is segmented into chemical vapor deposition (CVD), physical vapor deposition (PVD), atomic layer deposition(ALD), layer-by-layer self-assembly (LBL), electrospray and electrospinning, chemical and electrochemical deposition, and others.
CVD accounted to have the largest market share in 2017 owing to its easy method and relatively high deposition rates and is expected to show a steady growth over the forecast period.On the basis of the type, the global nano coatings market share is segmented into anti-corrosive coatings, antimicrobial coatings, anti-fingerprint coatings, easy to clean & anti-fouling coatings, self-healing coatings (bionic & photocatalytic), anti-icing & deicing coatings, anti-graffiti coatings, anti-reflection coatings, thermal barrier & flame-retardant coatings, oleophobic coatings, hydrophobic coatings, and others.
Anti-corrosive coatings accounted for the largest market share in terms of consumption due to a wide range applications in different end-use industries.
Moreover, other types of coating such as anti-graffiti, anti-fingerprint, self-healing, oleophobic, hydrophobic nano coatings are expected to show a huge demand over the forecast period 2018-2023 due to technological innovations in different end-use industries.On the basis of the end-user industry, the global nano coatings market is segmented into building & construction, automotive, aerospace, electrical & electronics, healthcare, packaging, marine industry, military & defense, renewable energy, chemical, and others.
Automotive and electronics industries were the major contributor to the global nano coatings market in 2017 over another end-use industry due to wide application areas concerning to nano coatings and are also expected to show high growth over the forecast period 2018-2023.Access Report @ https://www.marketresearchfuture.com/reports/nanocoatings-market-5992Regional AnalysisThe global nano coatings market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Market Overview:Increasing demand for dietary supplements and nutritive food & feed is one of the major factors contributing to the growth of the global glycinates market.
Glycinates are serving as an important additive in most of the food, beverage, supplements, and animal feed products.
Availability of glycinates in various forms has influenced the demand from various industries apart from food & feed industry.Competitive analysisThe major players in the glycinates marketAjinomoto Co., Inc. (Japan)Clariant AG (Switzerland)Solvay SA (Belgium)BASF SE (Germany)NovoTech Nutraceuticals Inc. (U.S.)Dunstan Nutrition Ltd. (New Zealand)Shijiazhuang Donghua Jinlong Chemical Co Ltd. (China)Schaumann GmbH & Co. KG.
(Germany)Aliphos Belgium SA/NV (Belgium)Albion Laboratories, Inc. (U.S.)Market Forecast:The global market share in the foods & feed industry is intensifying by the growing demand for functional food & feed additives in the developed & developing countries.
Increasing prevalence of deficiency diseases among the growing population is found to be a key factor responsible for the growth of glycinates market.Furthermore, improved processing methods and demand for nutritive food products in the developing countries are positively supporting the growth of the global market.
Additionally, restriction on the use of antibiotics in food & feed formulations in the North American & European region is adding fuel to the market growth.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
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