These suppliers share their perspectives on the current market, industry drivers, steps they take when developing new products and challenges that formulators face.
Involved as they are in widely diverse fields, these new companies have a common focus: continuous development of sustainable and environmentally acceptable products and processes.
Industry analyst firm n-tech Research has released a new report titled Markets for Self-Healing Materials: 2015-2022. According to the report, self-healing materials (reversible polymers, inorganic capsule and vascular systems, biomaterials, relevant shape memory materials and other self-healing coatings) will grow to around $2.7 billion by 2020.
GCiS China Strategic Research estimates that the domestic market for metal surface treatment chemicals in China was valued at over RMB 16.4 billion, or $2.6 billion, at the end of 2014.
According to a report by Grand View Research, the global aniline market is expected to grow due to increasing demand for MDI as an intermediate to produce sealants, elastomers, coatings and adhesives in the polyurethane industry.
World demand for dyes and organic pigments is expected to grow 6.0 percent per year to $19.5 billion in 2019. Rising consumer spending will drive increased demand for organic colorants in textiles and plastics, while strong growth in global construction activity will boost demand in paints and coatings.
A study available from Research and Markets Ltd., Polyetheramine Market by Application & by Region - Trends and Forecasts to 2019, reports that the market size in terms of value of polyetheramine was estimated to be $456.47 million in 2013 and is projected to grow at a CAGR of about 9.5% between 2014 and 2019.