Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Cast Acrylic Sheet Market.

It was estimated prior to this unanticipated outbreak that the Cast Acrylic Sheet Market was expected to grow at a CAGR of 6.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Acrylic cast sheets are a form of polymethyl methacrylate in which monomer such as, methyl methacrylate is added with initiators and other additives, which then casted into sheets by using static pressure. The sheets can be colored or opaque and are numerously coated for enhancing finishing and solar reflectivity. They have a wide range of applications which include signage, large-screen LCDs, interactive screens, display cases, skylights, furniture, aquariums, mirrors, office stationery, shelf panels, partitions, solar panels, and transportation.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the process type, the market is segmented as cell and continuous cast acrylic sheet. Cell cast acrylic sheet type is likely to be the larger and faster-growing process type during the forecast period. This process type is easier to use, is low labor-intensive, produces better-saturated color, and requires low set-up cost. It is cleaner to cut, drill, and rout owing to its high molecular weight. All these factors are likely to drive the growth of the segment during the forecast period.

Based on the application type, the market is segmented as architecture & interior design, sanitary ware, signage & display, transportation, medical, food & catering, and others. The signage & display application type segment is estimated to be the largest as well as fastest-growing segment, owing to its availability in different colors and strength, during the forecast period. In addition, increasing need for lightweight material in automotive industry, modernization of railway stations, bus stands and airports are the major factors which are likely to drive the demand for cast acrylic sheets.

In terms of region, Asia-Pacific is likely to be the largest and fastest-growing market for cast acrylic sheet. It is estimated that more than half of the regional market’s share is accounted by Japan, China, and India. Rising per capita income, rising purchasing power coupled with the increasing urbanization are expected to drive the cast acrylic sheet market in various industries, such as sanitary ware, food & catering, medical, signage & display, and architecture & interior design.

Key Players:

Some of the major cast acrylic sheet manufacturers are-

• Mitsubishi Chemical Corporation
• Altuglas International
• Evonik Industries AG
• Polyplastic Co. Ltd
• Asia Poly Industrial Sdn Bhd.
• 3A Composites Gmbh
• Aristech Acrylics LLC
• Acrilex Inc.
• Chemical Corporation Pvt. Ltd.
• Spartech Corporation

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Carbon Fiber Resin Market.

It was estimated prior to this unanticipated outbreak that the Carbon Fiber Resin Market was expected to grow at a CAGR of 11.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Carbon fiber resins are the derivatives of carbon and other elements, processed with the application of heat to form final fibers. These resins possess properties such as high strength, good chemical resistance, corrosion resistance, and high velocity, which make them the ideal material for the interior and exterior parts of an airplane.

Carbon fiber resins are of different types, i.e. thermoset resin and thermoplastic resin, that are used in various end-use industries, such as aerospace & defense, wind energy, automotive, sporting goods, civil engineering, marine, electrical & electronics, pipe & tank, and others.

This report studies the carbon fiber resin market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the resin type, the market is segmented as thermoset resin and thermoplastic resin. The thermoset resin segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. It includes epoxy, polyester, and vinyl ester resin. Thermoset resins have high strength and resistance to temperature in comparison to thermoplastic resin, resulting to its larger applications in the automotive and aerospace & defense industries that require more heat and temperature-resistant materials. All these factors are likely to drive the growth of the segment during the forecast period.

Based on the application type, the market is segmented as aerospace & defense, wind energy, automotive, sporting goods, civil engineering, marine, electrical & electronics, pipe & tank, and others. The aerospace & defense industry segment dominates the market driven by its focus towards harnessing wind energy along with the demand for greener automotive, which has led to the increase in demand for carbon fiber resins.

In terms of regions, North America is estimated to be the largest as well as fastest-growing market for carbon fiber resin during the forecast period, with the US being the major country with excellent growth opportunities. The North American market is driven by the high demand for materials with lightweight and superior mechanical properties, majorly in the U.S. Europe and Asia-Pacific are also expected to offer promising growth opportunities during the forecast period.

Key Players:

Some of the major players in the carbon fiber resin market are-

• Huntsman Corporation
• Alpha Owens-Corning
• BASF SE
• Hexion Inc
• Polynt S.P.A
• Ashland Inc
• Olin Corporation
• The 3M Company
• Aliancys AG
• Kukdo Chemical Co. Ltd.

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Calcite Market.

It was estimated prior to this unanticipated outbreak that the Calcite Market was expected to grow at a CAGR of 5.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Calcite classified under the group of carbonates that are isomorphs of one another. Limestone, chalk, and marble are the most common forms of calcite found in nature, formed by various processes such as sedimentation of fossils. Calcite can be obtained by two methods, Ground Calcium Carbonate (GCC) and Precipitation Calcium Carbonate (PCC). It is mainly used as a filler in applications such as paper, paints & coatings, plastics, adhesives, and sealants.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the process type, the market is segmented as ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). The GCC segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The huge demand for GCC as a filler material in the paper application, owing to its cost effectiveness, is a factor contributing towards the growth of the segment.

Based on the application type, the calcite market is segmented as paper, paints & coatings, construction, plastics, adhesives & sealants, and others. Other applications include pharmaceuticals, agriculture, and glass. The paper segment dominates the market, driven by its favorable properties to enhance the printability, whiteness, and brightness & opacity of the paper. The plastics segment is expected to grow at the highest rate during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing calcite market during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the region’s market is attributed to the growth in calcite manufacturing and high demand from the plastics and paper industries in China, Japan, and India, among others. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major calcite manufacturers are-

• Imerys S.A.
• Omya AG
• Minerals Technologies Inc.
• Huber Engineered Materials
• Gulshan Polyols Ltd.
• Nordkalk Corporation
• Wolkem India Ltd.
• Sibelco

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Butylated Hydroxytoluene Market.

It was estimated prior to this unanticipated outbreak that the Butylated Hydroxytoluene Market was expected to grow at a CAGR of 5.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Butylated hydroxytoluene is a lipophilic organic compound, also known as dibutyl hydroxytoluene. It is chemically a derivative of phenol, that is useful for its antioxidant properties. In addition to this usage, BHT is widely used to prevent oxidation in fluids (e.g. fuel, oil) and other materials where free radicals must be controlled.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the grade type, the market is segmented as food grade and technical grade. Technical grade is estimated to be the faster-growing segment during the next five years. The demand for butylated hydroxytoluene as an antioxidant in rubbers, plastics, coatings, lubricants, printing inks, elastomers, and biodiesel is driving the market.

Based on the end-use industry type, the butylated hydroxytoluene market is segmented as plastics & rubbers, food & beverages, animal feed, personal care, and others. The plastics & rubbers segment leads the market owing to growing per capita and plastics consumption, especially in automotive, packaging, and building & construction industries, which is driving the demand for plastics, ultimately leading to growing demand for butylated hydroxytoluene.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing butylated hydroxytoluene market during the forecast period, with China and India, being the major countries promising considerable growth opportunities. It is a hub for plastics, animal feed chemical, personal care, pharmaceutical, food & beverages industries and the industrial growth in the region further endorses substantial growth opportunities in the next coming five years. North America and Europe are also estimated to offer lucrative growth opportunities during the forecast period.

Key Players:

Some of the major butylated hydroxytoluene manufacturers are-

• Eastman Chemical Company
• Finar Limited
• Finoric LLC
• HELM AG
• Lanxess AG
• Milestone Preservatives Pvt. Ltd.
• Oxiris Chemicals S.A.
• Sasol Limited
• Twinkle Chemi Lab Pvt. Ltd.
• Yasho Industries Limited.

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Bromine Market.

It was estimated prior to this unanticipated outbreak that the Bromine Market was expected to grow at a CAGR of 5.8% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Bromine is a colourless, soluble, crystalline mineral halide salt extracted from brine pools and made commercially available. It is a naturally occurring element which is present in seas, lakes, and underground wells, dead-sea being the primary source. It is a highly volatile and corrosive chemical element, and possesses the qualities of both iodine and chlorine. At room temperature, it is a fuming red brown liquid which readily evaporates forming metals at extreme pressures.

Bromine exists in different types such as organobromine compounds, hydrogen bromide, bromine fluids, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the derivative type, the market is segmented as organobromine, clear brine fluids, and hydrogen bromide. Organobromine is widely used in the manufacturing of brominated flame retardants, pesticides, fumigants, and biocides for water treatment, making it the largest segment of the market in 2019, and it is expected to remain dominant during the forecast period. Recent initiatives are being taken by major players such as Albemarle and Israel Chemicals Ltd. to develop and market polymeric substitutes to hexabromocyclododecane (HBCD) flame retardants, due to toxicity concerns in the later.

Based on the application type, the market is segmented as flame retardants, water treatment, mercury emission control, oil & gas drilling, HBR flow batteries, Pta synthesis, pesticides, plasma etching, pharmaceuticals, and others. The flame retardants segment dominates the market, as the demand for bromine compounds as flame retardants has significantly increased due to their extensive use in domestic and industrial applications. Despite increasing regulations on some of the bromine-based flame retardants, the segment still dominates the market, due to its effective fire controlling properties. Few examples of flame-retardant chemicals that are made using bromine are polybrominated diphenyl ether, polybrominated biphenyl, decabromodiphenyl ether, hexabromocyclododecane, and tetrabromobisphenol.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for bromine during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. One of the major drivers of the Asia-Pacific’s bromine market is the growing automotive and construction industries in the region and their increasing consumption of bromine. China is expected to drive the region’s market due to increased dependence on imports to meet its domestic requirements, post the ban of bromine and its related compounds into the country. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major players in the bromine market are-

• Israel Chemicals Limited
• Albemarle Corporation
• LANXESS Corporation
• Tosoh Corporation
• Tata Chemicals Limited
• Gulf Resources Inc.
• TETRA Technologies, Inc.
• Hindustan Salts Limited
• Honeywell International
• Perekop Bromine