Elemental Analysis Market Worth $2.02 Billion By 2025

The global elemental analysis market size is expected to reach USD 2.02 billion by 2025, growing at a CAGR of 6.2%, according to a new report by Grand View Research, Inc. The market is primarily driven by amendments in the ICH (International Council for Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use) regulations that mandate use of elemental analysis for finished medical products, including pharmaceuticals.

Many manufacturers of elemental analyzers invest in R&D of new and technologically advanced products. In addition to their expenses for R&D, many key players launched new products in the market in the past 3 years. For instance, in May 2016, Agilent Technologies launched Agilent 5110 ICP-OES, which was designed to enable scientists perform fast and precise elemental analysis of pharmaceuticals and food products along with mining, industrial, and environmental analysis.

In addition, in many countries, the limit of heavy metals/trace elements is regulated by their respective pharmacopeias. For instance, United States, Japanese, and European pharmacopeias limit the amount of trace elements in finished pharmaceutical products. Furthermore, elemental analysis is a crucial step before commercial launch of a medical product in the market.

North America held the largest market share in 2016. Local presence of large number of manufacturers, regulation of limits of trace elements/heavy metals by United States Pharmacopeia (USP), and ongoing research for development of new products are major factors responsible for the largest share held by this region. However, Asia Pacific is likely to grow at the highest rate between 2017 and 2025. Rise in interest of market players to expand their business in Asia Pacific, growing awareness on safety of pharmaceuticals, and increase in expenditure by local pharmaceutical companies on elemental analyzers are factors that can be attributed for the highest growth rate of Asia Pacific region during the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/elemental-analysis-market

Further Key Findings From the Report Suggest:

The inorganic elements segment held the largest revenue share in 2016 due upcoming mandates for elemental analysis in medical products
Nondestructive technologies held the largest revenue share of the market, by technology, in 2016. Retention of sample after analysis and high precision rate can be the key factors for largest share of this segment
North America dominated the global elemental analysis market due to presence of USP regulations that limit the amount of heavy metals/trace elements
Some of the key players arePerkinElmer, Inc.; Thermo Fisher Scientific, Inc.; Agilent Technologies, Inc.; Shimadzu Corporation; and Analytik Jena AG; among others

Corrosion Inhibitors Market Size Worth $9.9 Billion By 2027

The global corrosion inhibitors market size is anticipated to reach USD 9.9 billion by 2027, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to increasing investments in oil and gas extraction and production activities in the developing economies across the globe.

Corrosion inhibitors are primarily consumed by the oil and gas industry as pipelines, petrochemical plants, and refineries face significant challenges due to erosion. The application of corrosion inhibitors mitigates deterioration in pipelines, gathering lines, transmission lines, flow lines, and wellbores. It also decreases the occurrence of pitting and costly rust failures for various industry players. Therefore, the application of these products significantly reduces the amount of investment spent on the prevention of rust. This factor has majorly driven the consumption of products across various end-use industries.

Different industries, such as oil and gas, power generation, pulp and paper, metal processing, chemical processing, face several challenges due to rust. This signifies the number of investments by end-use sectors for the prevention of industrial parts and equipment and to extend their life or durability. Furthermore, internal corrosion caused by aggravated microbial activity, water, hydrogen sulfide, or carbon dioxide has increased the need for products among oil and gas companies.

Saudi Arabia is one of the prominent crude oil producers in the world. Moreover, the GDP (PPP) of Saudi Arabia is USD 1.8 trillion, which makes it one of the top-performing economies in the Middle East. With the presence of some of the leading global players such as Saudi Aramco and some of the prominent producing fields such as Ghawar field, the country is expected to boost the consumption over the forecast period.

This is likely to result from the higher preference for oil-based products given their long-lasting protection results for parts or equipment exposed to severe environmental conditions. Furthermore, these are preferred over water-based ones owing to their heavy film and water-rejecting properties. However, water-based products are expected to gain a significant market share over the forecast period due to their conservative nature and favorable government regulations pertaining to their use.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/corrosion-inhibitors-market

Further key findings from the report suggest:

In 2019, organic emerged as the prominent product segment owing to their broad utilization in the petroleum refining industry because of their ability to form a protective layer on the metal surface of transporting pipes
In 2019, oil-based emerged as the prominent type segment owing to the excellent performance of these corrosion inhibitors in high-velocity flow conditions and elevated pressure
In 2019, oil and gas emerged as the prominent end-use segment owing to a surge of serious internal corrosion problems in several refineries, pipelines, and petrochemical plants, along with mounting production.

Matting Agents Market Size To Reach USD 1.05 Billion By 2025

Glossy effect is a thing of the past. Gone are the days when people used to like things that are shiny. Matting agents are benefitting from this scenario. These additives provide excellent sheen and gloss control without affecting the mechanical and optical properties of the coating.

Matting agents diffuse the incident light on the surface thus causing a reduction in glossiness. This decrease, results in an impression of a matt surface. The intensity of the additive is determined by the diffuse reflection properties of the surface. The quantity, type and alignment significantly influence this intensity.

Silica Based – The Market Leader

Silica-based products are used in a wide variety of coating applications. Precipitated silica, pyrogenic silica, and silica gels find usage in various industry applications. The matting properties of silica are mainly determined by three parameters namely, pore volume, particle size, and surface treatment.

Another type is wax which is used to impart properties such as slip and anti-blocking to the coating. Mineral fillers have a niche market and are used in particular application needs. Metal coatings especially coil coatings employ the usage of thermoplastic powders. The increased applications of all the matting agents are expected to fuel market growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/matting-agents-market

Diverse Needs – Diverse Matting Agents

From plastics to paper, printing inks to metals, they are used everywhere. Architectural, wood, leather and so on, it finds broad applications. All these applications have diverse needs. Companies have been successful in developing offerings to cater to the different requirements.

Recently, matting agents that are used with specific formulations have been developed. UV, powder, solventborne and waterborne formulations have different characteristics. There are additives available in the market which caters to these different tendencies. The same product which can be used in almost all the formulations has also been developed.

Product Portfolio – Priority for Industry Participants

Standard matting agents had limitations regarding achieving desired surface properties. Companies have developed products which overcome this limitation and provide proper matt effect, enhanced surface texture, and excellent strength. Companies are trying to add novel products to their portfolio which serve diverse application needs.

Strong demand from Asia Pacific is contributing to an increased market size. This demand trend is expected to continue over the forecast period. Major industry participants are participating in trade fairs, exhibitions and expose to showcase their products in developing countries such as India. Production from both continuous as well as batch processes is employed by manufacturers depending upon the type to be manufactured.

U.S. Pigment Dispersion Market Size Worth $7.08 Billion By 2025

The U.S. pigment dispersion market size is expected to reach USD 7.08 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.6% during the forecast period. Pigment dispersions are insoluble coloring agents used to impart color to various materials and can be classified into organic and inorganic types. Various pigment dispersions are available in the market and their choice depends on specific applications desirable in end-use industries.

Pigment dispersions contain at least one chemical compound, which absorbs and reflects light in order to impart color to various substrates used. Inorganic pigments constitute titanium dioxide, iron oxide, chrome green, ultramarine blue, carbon black, and others. Inorganic pigments are the widely preferred in various end-use industries as they are abundantly available and inexpensive. However, some inorganic pigments such as lead chromate are considered hazardous upon consumption.

Among inorganic pigments, titanium dioxide is widely used for imparting white color to food packaging materials such as plastic, paper, and paperboard. Though titanium dioxide and iron oxide are synthetically produced, they are considered non-toxic in many food substance contact applications.

Demand for pigment dispersions is growing on account of increasing food processing industries for aesthetic packaging material as well as rising use of plastic, paper, and paperboard materials in food packaging.

To tap into the existing growth potential, various manufacturers such as BASF Corporation, The Chemours Company, and Tronox Limited have strengthened their presence in the market. Manufacturers such as Lanxess Corporation USA and BASF Corporation are offering a diverse range of pigments that impart yellow, red, and green color to plastic and paper packaging materials.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-pigment-dispersion-market

Further key findings from the report suggest:

Titanium dioxide is the most commonly used white inorganic pigment in U.S. It is a white powder used in various applications such as plastics, paints and coatings, paper, printing inks, and automotive products, which require brightness and high opacity properties. In terms of revenue, titanium dioxide is expected to exhibit a CAGR of 4.4% from 2017 to 2025
Iron oxide is the second largest segment, accounting for a volume share of 31.69% in 2016. Demand for the same is expected to continue increasing over the forecast period
Inorganic pigments are employed in food packaging applications, specifically in plastic and paper and paperboard packaging. Inorganic pigments in the plastic industry accounted for a revenue share of 27.22% in 2016
Optical properties such as high opacity, tinting strength, and color imparting are of key importance to pigments used in the paper industry. Standard papers require low opacity and whiteness, whereas decorative papers require high opacity and weathering properties.