Polycarbodiimides Market Scope
Rise in electrical and electronic industry, Owing to improve coating performance of Polycarbodimides, and Increase use of Polycarbodiimides in Packaging industry are the factors driving the market growth For carboxylic group containing polymers in water, such as polyurethanes, polyacrylates, and latexes, polycarbodiimides are particularly effective crosslinking agents. In particular, they are not mutagenic, making them an environmentally benign replacement for the formerly widely used polyaziridines. Polycarbodiimide cross linkers are an excellent alternative to the more hazardous isocyanate and aziridine cross linkers for crosslinking aqueous coatings, since they provide good chemical resistances and physical properties to coatings made from aqueous resins like polyurethanes or polyacrylics.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Stahl (Netherland), ANGUS Chemical Company (United States), Nisshinbo Chemical Inc. (Japan), Dideu Industries Group Limited (China), Thermo Fisher Scientific (United States), Nantong Runfeng Petrochemical Co., Ltd (China), Wuhan lanabai Pharmaceutical Chemical Co., Ltd (China), NORANA GROUP (China), Leap Chem Co., Ltd (China), US Biological Life Science (United States), Alfa Chemistry (United States), Bio Science (United States), Ebrator Biochemicals (United States), Luxembourg Bio Technologies (United States) and Merck & Co., Inc. (United States) |
CAGR | % |
The market for the Polycarbodiimides is highly competitive and dominated by few key player. The market has a vendor landscape that is extremely competitive. A number of businesses are also taking part in significant mergers and acquisitions as part of crucial plans to increase their market share globally. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Polycarbodiimides market throughout the predicted period.
Stahl (Netherland), ANGUS Chemical Company (United States), Nisshinbo Chemical Inc. (Japan), Dideu Industries Group Limited (China), Thermo Fisher Scientific (United States), Nantong Runfeng Petrochemical Co., Ltd (China), Wuhan lanabai Pharmaceutical Chemical Co., Ltd (China), NORANA GROUP (China), Leap Chem Co., Ltd (China), US Biological Life Science (United States), Alfa Chemistry (United States), Bio Science (United States), Ebrator Biochemicals (United States), Luxembourg Bio Technologies (United States) and Merck & Co., Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are GSI Exim America Inc. (United States), PENINSULA POLYMERS (United States) and Wuhan kemike Biomedical Technology Co., Ltd (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Polycarbodiimides market by Type , by Application (Paints and Coatings, Printing Ink, Packaging and Others) and Region with country level break-up.
On the basis of geography, the market of Polycarbodiimides has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On August 2022, North Carolina State University researchers have researched and demonstrated that a synthetic polymer polycarbodiimide can remove and eliminate certain dyes from water and that polymer can be recovered and reused
Influencing Trend:
Adoption of Polycarbodiimides in Leather industry is the key trend driving the market growth and Increase use of Polycarbodiimides in Packaging industry
Market Growth Drivers:
Owing to Improve coating performance by Polycarbodiimides drives the market growth and Rise in electrical and Electronic industry supports the market growth
Challenges:
Environmental issues and concern related with the Polycarbodiimides restrict the market growth
Restraints:
Toxicity produced by the product hampers the market growth and High capital investment necessities to set up manufacturing plant restrict the market growth
Opportunities:
Use in medication, beauty and skin products will provide great opportunity for the market
Key Target Audience
New Entrants and Investors, Automotive Industry, Electrical and Electronics Industry, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others