Industry Background:
Metal carboxylates is a chemical substance comprising long chain fatty acid and act as an accelerator for the chemical reaction. Earlier they were used as an ingredient in waterproofing material, lubricants, and paints as they produce less discoloration in both dry and wet paint. Further, they have promising applications for piezoelectric, ferroelectric, micro-electronics, photoconductive, nonlinear optical & optoelectronic devices, and others.
According to AMA Research, the market for Metal Carboxylates is expected to register a CAGR of 4.9% during the forecast period to 2027. This growth is primarily driven by Growing Use of Metal Carboxylates in Drying Printing Inks and Oil Coatings
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Tons |
Value Unit | USD (Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Chemicals sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as DIC India Limited (India), Dura Chemicals (United States), CELEY - CHEMIE Vertriebs GmbH & Co. KG (Germany), Organometal SE (Greece), NICHIA Corporation (Japan), Ege Kimya San. (Turkey), Shepherd Chemical (United States), Borchers Inc. (United States) and Comar Chemicals Pvt. Ltd. (South Africa), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Milliken & Company a global diversified manufacturer with more than a century and a half of materials science expertise, announced that it has signed an agreement to acquire Borchers Group Limited, a global specialty chemicals company known for its innovative high-performance coating additives and specialty catalyst solutions from The Jordan Company, L.P. (“TJC”).
The Market Leaders like DIC are trying to gain competitive edge by broadening up their product line-up, expanding itself in other Industry like tire Industry and increasing geographical footprints by launching domestic and international production sites.The companies are exploring the market by adopting mergers & acquisitions, expansions by opening up more production sites across the globe to make efficient supply chain, and introducing diverse product range as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Emphasizing on Cobalt-Based Metal Carboxylate Products and Expansion in Water-Borne Application to Boosts Drying Performance
Market Growth Drivers:
Growing Use of Metal Carboxylates in Drying Printing Inks and Oil Coatings, Increased Used as Oxidation Catalyst in Various Organic Synthetic Catalysts and Rising Demand of Waterborne & Solid Coating
Challenges:
Elimination of Wrinkling Especially In Thicker Oil Coatings and Development in Less Toxic Metal Carboxylates Products
Restraints:
Availability of Substitute Products for Cobalt Metal Carboxylate in Wood Protection
Opportunities:
Emergence of Water Soluble Metal Carboxylates
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Metal Carboxylates Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Metal Carboxylates Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Metal Carboxylates players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Metal Carboxylates Study Sheds Light on
The Metal Carboxylates Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Metal Carboxylates industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Metal Carboxylates industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.