Cosmetic Pigments Market Manufacturing Process, Industry Overview, Regional Analysis - Global Forecast To 2023

Cosmetic Pigments are composed of either organic or inorganic materials. The inorganic pigments are produced from coal tars and other chemicals whereas Organic Materials are manufactured from aromatic hydrocarbons. These pigments offer insolubility, waterproof resistance, and long-life nature to the product. Moreover, changing lifestyle and growing health, beauty concerns among men and women are the important trends and factors promoting the market positively. Therefore, they are used in various applications such as facial makeup, eye makeup, lip products, nail products, hair color products, and others.

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The market by application is segregated into facial makeup, eye makeup, lip products, nail products, hair color products segments. The facial makes up segment is the widely used application in the market due to growing demand for makeup products such as face powder, foundation, moisturizers, and others in the cosmetics & personal care industries. Moreover, it is predicted that the increasing demand for hair color, nail and lip products among the people are projected to drive the market over the assessment period.

Competitive Analysis

Some of the major players functioning in the global cosmetic pigments market are Sun Chemical Corporation (U.S.), Sensient Cosmetic Technologies (France), Merck KGaA (Germany), Sudarshan Chemical Industries Limited (India), Kobo Products Inc (U.S.), BASF SE (Germany), Clariant (Switzerland), Huntsman International LLC (U.S.), LANXESS (Germany), and Geotech International B.V. (the Netherlands) among others.

Market scenario

The organic pigments segment is the most widely used components in the market due to its growing consumption of facial makeup, hair dyes, lip products, and others. Moreover, durability, waterproof nature, and long life are the major factors behind the popularity of this segment.

The facial makeup is the leading application and anticipated to observe a rapid growth due to boundless consumption of organic materials in moisturizers, lotions, foundation, and others. Moreover, hair color, nail and lip product segments are expected to witness a rapid growth in the sector due to improving lifestyle and growing concern about facial beauty among the people.

Market Segmentation

The global cosmetic pigments market is segregated into the composition, type, and application. Based on the composition, the market is further categorized into organic and inorganic segments. Based on the type, the market is segmented into special effect, surface treated, and Nano segments. Based on the application, the market is classified as facial makeup, eye makeup, lip products, nail products, hair color products, and others.

Regional Analysis

The global cosmetic pigments market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific is set to grow at a higher rate in the market due to rising demand for facial makeup products such as foundation, loose & pressed powders, and others. Countries such as China, Japan, and India are the major players in this region. North America is estimated to witness a higher growth in the U.S., Canada, and Mexico owing to a high standard of living, growing concern about facial beauty among men and women in the region. Europe is the leading region in the global market owing to growing innovation in research & development activities and technological advancement in cosmetics & personal care industries. Thus, the market is expected to witness a significant growth in Germany, the U.K, and Italy.

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Formulation Additives Market Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2023

The global formulation additives market has been segmented by type, end-use industry, and region.

By type, the global formulation additives market has been segmented into dispersing agents, defoamers, rheology agents, wetting and leveling agents, and film forming agents. Dispersing agents are surface-active ingredients that prevent flocculation and ease the incorporation of pigments and fillers in the liquid. Anti-foaming agents are responsible for breaking down foam film, which, if present, may cause poor dispersion of fillers, defects in coating, creation of scum, product separation, and inhibition of permeation and wetting.

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Rheology agents are used to improve the flow properties of paints and coatings. Wetting agents ensure that the paint spreads uniformly over the surface whereas leveling agents help control surface tension and provide a flat and smooth appearance. Film forming agents, also known as coalescing agents, are often used to support the process of film formation by reducing the minimum film forming temperature of the binder polymer in use.

Based on end-use industry, the market has been segmented into paints and coatings, construction, automotive, electronics, printing and packaging, furniture, and others. The paints and coatings industry are leading the market due to the high demand in major industries. Rapid industrialization and increasing commercial and residential construction across the globe is expected to drive the demand for formulation additives during the forecast period. Furthermore, the demand for automotive OEM and refinish coatings is likely to propel market growth.

Competitive Analysis

Some of the manufacturers operating in the global formulation additives market are BASF SE (Germany), Eastman Chemical Company (US), Evonik Industries AG (Germany), Altana (Germany), DowDuPont (US), Cabot Corporation (US), Allnex Group (Germany), Arkema (France), Momentive (US), Münzing Corporation (Germany), Lanxess (Germany), and Honeywell International Inc. (US).

Regional Analysis

The formulation additives market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific dominated the global formulation additives market in 2017 on account of the high demand in major end-use industries such as paints and coatings, automotive, construction, and electronics in the region.

The North American market is expected to witness significant growth due to the demand in the packaging, construction, and automotive industries.

The market in Europe is expected to drive product demand due to the high production and trading of automotive parts in countries such as Germany, the UK, France, and Italy.

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Nickel Hydroxide Market Global Industry Analysis, Size, Share, Growth Trends, and Forecast to 2023

Nickel hydroxide is an inorganic compound, known by the formula Ni(OH)2 or Nickel(II) hydroxide.  It is an odorless, apple green, crystalline solid usually available in powder form. Nickel hydroxide occurs naturally as the mineral Theophrastus. It is electroactive and is converted to Ni (III) oxy-hydroxide in response to electrical stimuli. It is insoluble in water and dissolves readily in acids and ammonium hydroxide. It is non-explosive and non-oxidizing under normal conditions. It has a melting point of 2300C and decomposes before melting at 2000C. Its autoignition temperature or flash point is 4000C. It is denser than water having a density of 4g/cm3.

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Nickel hydroxide has two distinct polymorphs, namely α- Ni (OH) 2 and β-Ni (OH) 2. The α structure is composed of nickel hydroxide layers integrated with intercalated anions or water, whereas β structure is made up of a hexagonal structure of Ni2+ and OH− ions, without any kind of intercalated ions. Apart from, the α and β forms of nickel hydroxide, γ- Ni (OH)2 is made up of crystal structures having much bigger inter-sheet distances.
Furthermore, the renowned electronics manufacturers are shifting their production plants to this region owing to the easy investment norms, open market strategy, expedite the procedure, and other incentivizing measures adopted by these countries. Furthermore, growing urbanization, increasing purchasing power, and disposable income of the people in this region are favoring growth of the regional market.

Key Players and Competition Analysis
Some of the prominent players operating in the global nickel hydroxide market are Sigma-Aldrich, Inc., Norilsk Nickel, Alt Cobalt and Nickel Products (dalian). Co. Ltd, Nippy Chemicals., Jilin Jien Nickel Industry Co., Ltd., American elements, Tinchem Enterprise, Kelong, Umicore, Triveni chemicals., SUMITOMO METAL MINING CO., LTD., Tanaka Chemical Corporation, ZincFive, Inc., Jiangmen chancsun Umicore Industry Co., Ltd, and Changsha Xinye Industrial Co. Ltd.

Segmentation Analysis
The global Nickel Hydroxide Market is segmented on the basis of application and end-use industry.
Based on the applications, the global nickel hydroxide market is segmented into batteries, catalyst and others (ceramics, glass, optics, few more electrochemical applications)
Based on the end-user industry, the global nickel hydroxide market is segmented into automotive industry, electronics industry, chemical industry and others.
Nickel hydroxide is produced electrochemically by anodic oxidation of metallic nickel in aqueous electrolyte solutions containing sulfate and chloride, followed by treatment with alkali metal hydroxides to convert the intermediate product to pure nickel hydroxide.
Sodium or potassium hydroxides are used as alkali metal hydroxides in the concentration of 10-2 to 0.5 molar. This electrochemical process reduces the neutral salts occurrence by 90% as compared to conventional nickel hydroxide production process by precipitation from nickel salts.

Regional Analysis
The nickel hydroxide market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Countries such as Japan and South Korea with strong electronics industry base drives the demand for nickel hydroxide market. Following them, China and India are expected to increase the demand for nickel batteries due to its application in hybrid electric vehicles.

Asia Pacific holds a major share of the market due to the growing consumption of the nickel hydroxide in the battery manufacturing. The increasing demand for nickel hydroxide batteries in portable devices, hybrid electric vehicles, and several consumer products have propelled the region to witness a higher growth over the assessment period.
China is having the largest car market in the world and is developing strategies to ban carbon emission fuel vehicles to combat pollution and switch towards electric vehicle. Apart from this, India and China’s electronics industry is also growing at a faster pace to supplement their growing economy.  

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Benzaldehyde Market: Size, Share, Growth, Trends, Global Industry Analysis, Forecast to 2022

Global Benzaldehyde Market was valued at USD 225.0 million in 2015 and is expected to reach USD 282.7 million by the end of 2022, expanding at a CAGR of 3.5 % from 2016 to 2022. Aroma chemical industries are the prominent end-user of benzaldehyde, followed by pharmaceutical and agrochemical industries.
Benzaldehyde is an aldehyde, also known as benzenecarboxy aldehyde and benzoic aldehyde. Benzaldehyde is colorless in appearance and have a pleasant odor, widely used in synthesis of various aromatic chemicals and as additives.

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Furthermore, consumption of benzaldehyde in manufacturing of dyestuff, flavors and fragrances is propelling the demand for benzaldehyde, which in turn is adding value to the global benzaldehyde market. However, the crude oil price fluctuations leading to the volatility of raw material prices for benzaldehyde manufacturing and federal regulations associated with manufacturing and consumption of benzaldehyde, emergence of small players leading to competitive pricing are some of the restraining factors identified in the global benzaldehyde market.
Agrochemicals industry being one of the key consumers of benzaldehyde in the developing markets is further expected to augment the demand for benzaldehyde. Apart from the above-mentioned factors, demand for food grade benzaldehyde obtained from toluene oxidation process in food and beverage industry

 Key Players and Competition Analysis
The key players of Global Benzaldehyde Market are Emerald Performance Materials LLC, Gujarat Alkalies and Chemicals Limited, LANXESS AG, Kadillac Chemicals Pvt Ltd, Jiangsu Jiamai Chemical Co. Ltd, Wuhan Dico Chemical Co. Ltd, Penta S.R.O, and Taj Pharmaceutical Limited.

Key Findings:
Global Benzaldehyde Market is projected to reach USD 282.7 million by 2022 with 3.56% CAGR during review period of 2016-2022
Asia-Pacific accounted for largest share due to growing application industries in this region
Benzaldehyde market is consolidated in the developed regions with limited number of manufacturers dominating the market, whereas, in the developing markets the market is fragmented with dominance of small manufacturers from the Asia-Pacific region.

Segmentation Analysis
By Derivatives: Benzoic Acid, Sodium Benzoate, Benzyl Alcohol, Cinnamic Acid, and Others. By Production Process: Toluene Chlorination Process, Toluene Oxidation Process. By Application: Aroma Chemicals, Pharmaceuticals, Agrochemicals, Food & Beverages, Dyes & Coatings, and Others. By Regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Regional Analysis
The global Benzaldehyde Market is expected to register steady growth of 3.5% over the forecast period. The prominent factors fuelling the growth of global benzaldehyde market are, rise in demand among the aromatic chemical manufacturers along with the growth in aromatic chemicals market, increasing demand for benzaldehyde as an active pharmaceutical ingredient (API) in the pharmaceutical industries.

Geographically, Asia-Pacific region dominates the benzaldehyde market both in terms of volume and value and is expected to grow significantly at a CAGRs of 3.3 % and 4.2 % respectively. China is major revenue generating country due to growing end user industry and increase in consumption rate of chemicals by manufacturers. Europe, North America accounts for second and third market share in the global benzaldehyde market.
Benzaldehyde is traditionally manufactured by the chlorination of toluene; however, it is not regarded as safe for use in food industries, due to the presence of chlorine traces. Hence, benzaldehyde manufactured by toluene oxidation process is gaining popularity across industries, prominently among the food & beverage manufacturers.

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Propylene Oxide Market: Size, Share, Growth, Trends, Global Industry Analysis, Forecast to 2023

Global propylene oxide market is projected at higher CAGR due to the increasing demand from polyether segment

Propylene Oxide (PO) is a highly reactive, colorless, and highly flammable, liquid which is a basic component for various industrial applications. It is used as demulsifier which separates crude oil from water. Propylene Oxide is mainly used for the production of propylene glycol but is also used as an intermediate for the production of polyether polyols for polyurethane foams. Polyurethane foams are utilized in furniture and car vehicles, and inflexible foams for machine and building protection. Polyether polyols likewise go into non-foam applications such as coatings, adhesives & sealants.

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Some of the prominent factors that positively influence the growth of propylene oxide market are increasing construction activities, rising demand for oil & gas exploration, and increasing urbanization along with rising per capita disposable income in the developed and emerging economies. High adoption rate along with the increasing number of power plants to meet the energy for the ever-growing population. Moreover, continuous expansion of automotive industry as well as shifting manufacturers focus towards aviation industry are estimated to fuel the growth of the market during the review period, 2017 to 2023.

Market Segmentation

The global propylene oxide market is segmented into application, end use and regions. On the basis of application, the market is categorized into polyether polyols, propylene glycol, fumigation, adhesives & sealants, & oil demulsifier. Among these application, oil demulsifier application is expected to grow with the highest CAGR on account of rising demand for oil and oil-derivatives, resulting in high production of petroleum products globally. Moreover, the global production of crude oil is increasing, as various nations are focusing more on extracting oil from new as well as unconventional reserves. As of 2016, crude oil segment accounted for the largest market share and is predicted to continue its dominance over the assessment period. Additionally, growth of automotive sector, and expansion of refineries across the globe is estimated to fuel the demand for propylene oxide. Propylene oxide is widely used in the manufacture of polyether polyols for urethanes. These urethane foams are mostly used as thermal insulation panels and sealant in the construction industry. These factors are responsible for the growth of propylene oxide market. The major share of market of polyether is from construction industry. Propylene oxide is high volatile compound and it is manufactured to use as an anti-microbial fumigant in food industry. Although there are some countries like Canada who didn’t register propylene oxide as a fumigant due to its volatility nature.

Regional Analysis

The Asia Pacific is estimated to be the largest market followed by North America and Europe due to strong existence of crude oil reserves. In North America, the U.S. and Mexico are predicted to register a strong growth on account of tremendous demand for propylene oxide in automotive and aviation manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for demulsifier in construction, food, and paints & coatings. It is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of adhesives & sealants is predicted to contribute to the regional market growth. In Latin America, it is anticipated that there will be no future projects in the field of construction, transport and oil & gas in the forecast period probably due to the economic instability and unwillingness consumer spending.

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Key Players

Some of the prominent players operating in the propylene oxide market are The Dow Chemical Company (U.S.), LyondellBasell Industries N.V. (Netherlands), Royal Dutch Shell plc (Netherlands), Huntsman Corporation (U.S.), BASF SE (Germany), Repsol S.A. (Spain), Asahi Glass Co., Ltd. (Japan), INEOS Private Limited Company (U.K.), Sumitomo Group (Japan), Chevron Phillips Chemical (U.S.)

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