Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC548
Introduction
An accelerator is a material which is once mixed with a catalyst and resin, initiates the chemical reaction between catalyst and the resin. It is used in the polymerization of resin or vulcanization of rubbers. They are also known as promoters when used with polyester resins and vulcanizing agents when used with rubbers. The major applications of chemical accelerators are chemical production, medical and other.
Market Dynamics
The growing demand for chemical, healthcare and oil & gas industry is expected to drive the demand for chemical accelerators market globally. In addition, rising demand for chemical accelerator in emerging economies is expected to change the dynamics of market in near future. However, stringent regulatory policies and volatile prices of raw material are the restraining factors to the growth of market.
Market Classification and Overview
The chemical accelerators market is segmented on the basis of product type, application, and geography. The major applications of chemical accelerator include chemical production, medical and others. The chemical production application segment accounted for the majority share in 2016. This demand is attributed by the demand for chemicals from various end-use industries such as water treatment, construction, agrochemicals, and many others. In medical industry, the chemical accelerators are majorly used for the production of medical gloves. There are three main classes of chemical accelerators: Thiurams, mercaptobenzothiazoles, and Dithiocarbamates (Carbamates) which are used in the manufacturing of gloves, either individually or in combination. The market is also divided on the major product types such as primary accelerators and secondary accelerators.
Regional Overview
The market for chemical accelerators is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). Asia-Pacific was the key contributors to the market growth in 2016. North America was the second largest market which was followed by Europe. The market for chemical accelerators in North America is further projected to witness highest growth in coming years. In addition high growth opportunities for chemical accelerators is expected from the MEA and Latin America region.
Report Coverage
|
Market |
Chemical Accelerator Market |
|
Analysis Period |
2018 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Product Type, Application, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
|
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Lanxess AG, Akzonobel N.V, Emery Oleochemicals LLC, BASF SE, Arkema SA, Eastman Chemical Company, Solvay SA, R.T. Vanderbilt Company, Inc, China Petroleum & Chemical Corporation (Sinopec Corp.), and Behn Meyer Group are few key players operating in the chemical accelerators market. In addition, the global chemical accelerators market is witnessing rapid growth with the entry of a number of local and regional players. However, these new players are facing stiff competition from established market players due to technological advantage, and quality of service from international players. These players involved have adopted the strategies including mergers and acquisitions with local as well as established players.
Market Segmentation
Market By Product Type
· Primary Accelerators
· Secondary Accelerators
Market By Application
· Chemical Production
· Medical
· Ohers
Market By Geography
· North America
o US
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
Related Reports
Recycled Elastomers Market By Raw Material: (Styrene butadiene rubber, Nitrile butadiene rubber, Propylene rubber, Chloroprene rubber, Natural rubber, Polyurethane rubber, Others) By Application: (Medical, Agriculture, Sports product, Playground surfaces, Infrastructure, Home & garden) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
The global recycled elastomers market size is expected to reach around US$ 6.8 billion by 2026 and growing at a CAGR of above 11.9% over forecast period 2019 to 2026. Elastomer materials are made of polymer materials that are joined by chemical bonds and have high elongation and flexibility properties that increase its applicability in various industries. Elastomers rubber compounds are made of five to ten ingredients each of them having
Recycled Thermoplastic Market By Type: (Biodegradable, Non-Biodegradable); By Form: (Flakes, Pallets, Granules); By Technology: ( Extrusion, Injection Molding, Blow Molding, Film Molding, Others); By Product: (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Polyvinyl Chloride (PVC), Others); By Application: ( Packaging, Automotive & Transportation, Building & Construction, Electrical And Electronics, Agriculture & Horticulture, Furniture & House wares, Medical, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
The global recycled thermoplastic market in 2018 was above US$ 50 Bn and is expected to grow more than US$ 103 Bn by 2026. The market is expected to register a CAGR of above 9% from 2019-2026. Thermoplastic polymer has properties such as high-impact strength and heat-resistance and when mixed with the compounded thermoplastic polymer matrix it gives more high performance such as improved flow-ability and processing performance. Thermoplas
Beverage Container Market By Material: (Plastic, Paperboard, Glass, Metal); By Container Type: (Jars & Bottles, Cans, Cartons, Pouches, Bag-In-Boxes); By Application: (Non-Alcoholic Beverages, Alcoholic Beverages) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
The global beverage container market size is expected to reach around US$ 251 billion by 2026 and growing at noteworthy CAGR around 4.2 % throughout the forecast period 2019 to 2026. Beverage container refers to the packaging of beverages with jars & bottles, cartons, pouches, bags-in-boxes or cans. These containers are manufactured from the paperboard, plastics, glass or metals, and also from the combination of the all with the application in non-alc
Cinnamaldehyde Market (By Type: Flavor Agent, Aroma Agent, Antimicrobial Agent, Other Types of Product; By Application: Food and Beverages, Household & Personal Care Industry, Agriculture, Healthcare, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026
The global cinnamaldehyde market is expected to grow at a CAGR of around 6.0% during the forecast period 2019 - 2026 and reach the market value of over US$ 330 Mn by 2026. Cinnamaldehyde is also known as 3-phenyl-2-propenal, cinnamic, phenylalacrolein, cinnamal, cinnamyl aldehyde, and trans-cinnamaldehyde. It is a yellowish oily liquid with a sweet taste and a cinnamon smell that is liable for the
Lignin Market (By Product: Ligno-sulphonates, Organosolv Lignin, Kraft Lignin, Others; By Application: Macromolecules, Aromatics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026
The global lignin market value is expected to reach around US$ 907.1 million by 2026 and forecasted to grow at a CAGR of 2% over the time frame 2019 to 2026. The report provides analysis of global lignin market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights The worldwide lignin industry is evolving at a good pace, with a favorable develop
Graphene Market (By Product: Graphene nanoplatelets, Graphene oxide, Others; By Application: Electronics, Composites, Energy, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026
The global graphene market is forecasted to grow at a CAGR around 38.2% over the forecast time frame 2019 to 2026 and reach around US$ 552.6 million by 2026. The report provides analysis of global Graphene market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights Increasing demand for lightweight and durable products for different parts, incl
