The global Succinic Acid Market size is expected to value at USD 237.8 million by 2022. The succinic acid industry is subject to witness a substantial growth due to the substantial demand from various application verticals such as 1,4 butanediol, pharmaceuticals, and polyurethanes. Rapid growth of building &construction sector and automotive industry, particularly in the Asia Pacific region is expected to foster market growth over the forecast period.
High-end demand for production of resin, coating, and polyurethanes is positively affecting market growth as well. Succinic acid is considered as primary building block for the production of polyurethanes, resins, polybutylene succinate (PBS) and plasticizers. Succinic acid acts as a precursor for chemicals such as 1,4 butanediol (BDO). Globally, the succinic acid market is predicted to grow at CAGR of 12% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Growing popularity of succinic acid in the resins & coatings segment is attributed for the rise in demand from construction and the automotive industry. The pharmaceuticals segment has also witnessed substantial growth owing to the increasing medical tourism across the globe. The report “Succinic Acid Market Size & Forecast Report, 2012 - 2022” is available now at https://www.millioninsights.com/industry-reports/succinic-acid-market However, volatility in the cost of crude oil price and limited availability of raw materials are expected to hamper market growth to a certain extent over the coming years. Yet, massive increase in the demand for bio-succinic acid owing to eco-friendly nature and favorable government policies for the use of green products among chemical manufacturers are anticipated to drive market growth over the next seven years. Bio-derived succinic acid is predicted to replace conventional chemicals such as butane-based maleic anhydride during production of succinic anhydride, fumaric acid, diethylmaleate, glyoxylic acid, and other plastics. The succinic acid industry is broadly categorized into nine major segments based on the application type such as1,4 BDO, resins & coatings segment, dying and inks segments, pharmaceuticals, polyurethanes, food& beverages segment, plasticizers, cosmetics, solvent and lubricants, de-icing solutions. The resins & coatings is considered as one of the fastest growing segment in the succinic acid market with substantial revenue generation in the last few years. The succinic acid industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in pharmaceuticals and resins & coatings sector, increase in number of research & development activities in the region, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the succinic acid market displaying a massive growth in the forecast period. Countries such as India, China, South Korea and Japan are leading the Asia-Pacific market with strong economic growth in the region, rapid growth of automotive and construction sector, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the succinic acid industry are BioAmber, Inc., Anqing Hexing Chemical Co., Ltd., Reverdia, Inc., Gadiv Petrochemical Industries Ltd., Kawasaki Kasei Chemicals, Inc., Myriant Co., Showa Denko K.K., Succinity GmbH, and Nippon Shokubai Co., Ltd. Request a Free Sample Copy of Succinic Acid Market Report @ https://www.millioninsights.com/industry-reports/succinic-acid-market/request-sample Market Segment: Succinic Acid Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022) • 1,4 BDO • Resins, Coatings, Dying, and Inks • Pharmaceuticals • Polyurethanes • Food • Plasticizers • Cosmetics • Solvent and Lubricants • De-icing Solutions • Others Succinic Acid Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022) • North America • Europe • Asia Pacific • RoW
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The global Engineering Adhesives Market is projected to grow at a higher CAGR during the forecast period. Engineering adhesives offer various advantages while used for joining materials. As compared to traditional methods such as bolting, welding, brazing and mechanical fastening, engineering adhesives are much feasible for use. There are certain advantage and disadvantages. The joined materials are usually known as substrates of adherends.
Engineering adhesives are commercially used to bond parts of automobiles, electronics, office machines, medical equipment and glass ceramics. Epoxy adhesives are used to seal acrylic, steel aluminum, engineering plastics and composites. The term engineering adhesive generally denotes an adhesive, when hardened, releases a relatively high modulus and high tensile for construction of load-bearing joints. The drivers for engineering adhesives market include rise in popularity of engineering adhesives for varied purpose and increase in popularity due to its features and aesthetic properties. Rise in transportation, construction and wood industries dominate the market growth during the forecast period. In addition, the market size is also increasing along with entry of new players. Request a Free Sample Copy of Engineering Adhesives Market Report @ https://www.millioninsights.com/industry-reports/engineering-adhesives-market-size/request-sample Product segmentation for engineering adhesives market includes epoxies, polyurethane, cyanoacrylates and methacrylates. Epoxies account for a significant market share due to extensive use in automotive manufacturing process. Geographical segmentation for engineering adhesives industry comprises North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to grow at a higher CAGR due to rise in emergence of manufacture and construction industries. North America dominates the global market scenario since it holds a higher stake in the global market. Significant demand from automotive & packaging industries is driving the market growth in the region. The key players in the engineering adhesives market include 3M Company, Dymax, Toray Fine Chemicals, Permabond Engineering Adhesives, Henkel, Huntsman Corporation and W.I. Polymers Ltd. Market Segment: Global Engineering Adhesives Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022) • Epoxies • Polyurethanes • Cyanoacrylates • Methacrylates • Others Global Engineering Adhesives Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022) • Transportation • Construction • Consumer Goods • Electrical & Electronics • Paints & Coatings • Sports & Leisure • Wind Energy • Others For further inquiries, about - Global Engineering Adhesives Industry Analysis, Size, Growth, Trends and Forecast 2012 - 2022, click on this link – https://www.millioninsights.com/industry-reports/engineering-adhesives-market-size Global Engineering Adhesives Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022) • North America • U.S. • Canada • Mexico • Europe • UK • Germany • Denmark • Asia Pacific • China • India • Japan • Korea • Central & South America • Brazil • Middle East & Africa Global Geosynthetic Clay Liner Market is anticipated to reach USD 488.2 million by 2022. Geosynthetic clay liners are mixtures that comprise two layers of geotextiles that enclose a layer of sodium bentonite. The factors that propel the growth of the geosynthetic clay liner market include increasing demand for geosynthetic clay liner, rising spending for infrastructure development in India, China and Middle East nations, and rising consciousness regarding acceptance of eco-friendly products. On the other hand, there are factors that may hamper the growth of the market including fluctuating prices of raw materials.
Geosynthetic clay liner industry is anticipated to grow at a significant CAGR of 4% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Increasing consciousness regarding acceptance of eco-friendly products has led to the growth of environmental-friendly products in the geosynthetic clay liners market, that is also one of the constant key trends in the geosynthetic clay liners. The report “Geosynthetic Clay Liner Market” is available now at https://www.millioninsights.com/industry-reports/geosynthetic-clay-liner-market Geosynthetic clay liner industry may be explored by type, application, and geography. The market may be explored by type as Bentonite Fluid Loss, Bentonite Swell Index1, Bentonite Mass/Area2, GCL Peel Strength3, GCL Grab Strength3, GCL Hydrated Internal Shear Strength5, GCL Hydraulic Conductivity4 and GCL Index Flux4.The “GCL” segment led the geosynthetic clay liner market in 2015 and is anticipated to maintain its dominance by 2022. The key applications that could be explored in the geosynthetic clay liner industry include Roadways & Civil Construction Landfill, and Containment & Wastewater Treatment. The “Roadways & Civil Construction Landfill” segment led the market of geosynthetic clay liner in 2015 and is anticipated to maintain its dominance by 2022. Asia-Pacific accounted for the major market share of the geosynthetic clay liner in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising construction activity along with significant infrastructural investments in several countries of the region, including India and China, and rising consciousness regarding safe disposing practices. Asia-Pacific is followed by North American region. Some of the key players that fuel the growth of the geosynthetic clay liners industry comprise CETCO, Nilex Inc., GSE Holdings, Terrafix Geosynthetics Inc., Layfield Group Ltd., Global Synthetics, GEOFABRICS, Wall Tag Pte Ltd and Geotech Systems Limited. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry. Market Segment: Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2022) • Containment & Wastewater Treatment • Landfill • Roadways & Civil Construction • Others Request a Free Sample Copy of Geosynthetic Clay Liner Market Report @ https://www.millioninsights.com/industry-reports/geosynthetic-clay-liner-market/request-sample Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2022) • North America • U.S. • Europe • Germany • Asia Pacific • China • Australia • Latin America • Brazil • MEA • Saudi Arabia |
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