Alcohol Ingredients Market Definition

Alcohol ingredients are made by extracting yeast, enzymes, colors, and tastes from plants, fruits, and vegetables. Especially in the creation of alcoholic beverages, alcohol components are employed in a variety of beverage applications. The main ingredient types of alcohol ingredients are colorants, yeast, flavors, and salt, enzymes and others. Colorants are used to simulate the colors that a beer will naturally have as a result of the brewing process, but frequently without the flavors that go along with them. The various applications involved are whiskey, beer, wine, brandy, spirits, and others and distributed via on-trade channels, and off-trade channels.

Alcohol Ingredients Market Segmentation

The alcohol ingredients market covered in this report is segmented – 1) By Ingredient Type: Colorants, Yeast, Flavors and Salt, Enzymes, Other Ingredient Types 2) By Application: Whiskey, Beer, Wine, Brandy, Spirits, Other Applications 3) By Distribution Channel: On-Trade Channels, Off-Trade Channels

Plastic Material And Resins Market Definition

The plastic materials are synthetically made final products from polymers and resin is an unprocessed plastic derived from plant oozes. These include no vulcanizable thermoplastic elastomers, and customized as well as non-customized synthetic resins. The main types of plastic materials and resins are polypropylene-plastic material and resins, high-density polyethylene, polyvinyl chloride, polyethylene terephthalate, polyurethane, low-density polyethylene, polystyrene-plastic material and resins, and other types of plastic material and resins. Polyvinyl chloride is a thermoplastic made of 57% chlorine derived from common salt and 43% carbon derived from ethylene from hydrocarbon feedstocks, sugar crops, crude oil, and natural gas. The applications involved are packaging, housewares, bags, sheets, bottles, fibers, tapes, films, medical materials, and other applications. The end-user industries include the chemical industry, the coating and printing industry, the electronics industry, the food and pharmaceutical industry, and other end-user industries.

Plastic Material And Resins Market Segmentation

The plastic material and resins market covered in this report is segmented – 1) By Type: Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins 2) By Application: Packaging, Housewares, Bags, sheets, Bottles, Fibers, Tapes, Films, Medical Materials, Other Applications 3) By End Userr Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries

Barrier Resins Market Definition

Barrier resins refer to plastics that are used in packaging to prevent the penetration of gases, vapors (water or solvent), or liquids. Barrier resins are plastics used in packaging to prevent the passage of gases (oxygen, carbon dioxide, and nitrogen), vapor (water or solvent), or liquid. The main barrier resin packaging types include flexible packaging and rigid packaging. Flexible packaging is mostly made from plastic, film, foil, and paper and is hence light, compact, and flexible. The different resin types include polyvinylidene chloride, ethylene vinyl alcohol, polyethylene naphtha late, polyamide, polyethylene terephthalate, polyethylene, polypropylene, polyvinyl alcohol, and other resin types used in applications such as food and beverage, pharmaceutical and medical, cosmetics, agriculture, industrial, and other applications.

Barrier Resins Market Segmentation

The barrier resins market covered in this report is segmented – 1) By Packaging Type: Flexible Packaging, Rigid Packaging 2) By Resin Type: Polyvinylidene Chloride, Ethylene Vinyl Alcohol, Polyethylene Naphthalate, Polyamide, Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Alcohol, Other Resin Types 3) By Application: Food And Beverage, Pharmaceutical And Medical, Cosmetics, Agriculture, Industrial, Other Applications

Ink Resin Market Definition

Ink resins refer to a type of material, either solid or semi-solid, that is used to make inks by mixing them with additives, solvents, and pigments. Ink resins are used in printing inks to control viscosity, improve pigment wetting, and boost pigment adhesion properties. Ink resins are used as a printing ink binder in ink vehicles that help to assist the ink pigment in adhering to the substrate. The major types of ink resins are modified rosin, hydrocarbon, modified cellulose, acrylic, polyamide, polyurethane and other resin types. Modified rosin refer to a resin that has undergone a modification other than esterification, hydrogenation, or dimerization is referred to as modified rosin. Major technologies involved are oil-based, solvent-based, water-based, UV-curable-based. It has several printing processes are lithography, gravure, flexography, and other printing processes. It is used in various applications such as printing and publication, flexible packaging, corrugated cardboard and cartons, and other applications.

Ink Resin Market Segmentation

The ink resin market covered in this report is segmented – 1) By Resin Type: Modified Rosin, Hydrocarbon, Modified Cellulose, Acrylic, Polyamide, Polyurethane, Other Resin Types, 2) By Technology: Oil-Based, Solvent-Based, Water-Based, UV-curable-Based, 3) By Printing Process: Lithography, Gravure, Flexography, Other Printing Processes, 4) By Application: Printing And Publication, Flexible Packaging, Corrugated Cardboard And Cartons, Other Applications,

Phenolic Resins Market Definition

Phenolic resins are resins made from the polymerization of phenol and formaldehyde. The resins are known for high chemical, water, and temperature stability. Therefore, they are used in many commercial applications such as electronic circuits, automotive tires, and other automotive parts. Phenolic resins are not re-moldable but are recyclable. The main types of phenolic resins are resol, novolac, and others. The resol is used in a variety of high-temperature and chemical concentration applications such as adhesives, abrasives, coatings, tires, foams, etc. The resol resin is made when a basic (alkaline) catalyst is used to make phenolic resin. It is high-temperature, water, and chemical-resistant. The different applications include wood adhesives, molding, insulation, laminates, paper impregnation, coatings, refractory materials, friction materials, rubber, and tire, refractory materials, and others that are used by building and construction, furniture, automotive, electrical and electronics, and other end users

Phenolic Resins Market Segmentation

The phenolic resins market covered in this report is segmented – 1) By Type: Resol, Novolac, Others Types 2) By Application: Wood Adhesives, Molding, Insulation, Laminates, Paper Impregnation, Friction Materials, Refractory Materials, Other Applications 3) By End-User: Building and Construction, Furniture, Automotive, Electrical and Electronics, Other End Users

Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Definition

Polyethylene terephthalate is a strong, rigid synthetic fiber and resin belonging to the polyester family of polymers and formed by the polymerization of ethylene glycol with terephthalic acid. Polybutylene terephthalate (PBT) resin is a crystalline synthetic resin formed by the polymerization of butanediol and terephthalic acid. Polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins are used in the manufacture of lightweight plastic for packaging foods and beverages, and soft drinks. The main types of polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market are transparent & non-transparent PET and recycled PET. Transparent PET is non-crystalline PET that is highly transparent. Non-transparent PET is crystalline PET that is opaque in nature. The different PET applications include bottles, films, food packaging, and others. The various PBT applications include electrical & electronics, automotive, consumer appliances, and others.

Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Segmentation

The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market covered in this report is segmented – 1) By Type: Transparent And Non-Transparent Pet, Recycled Pet 2) By PET Application: Bottles, Films, Food Packaging, Other PET Applications 3) By PBT Application: Electrical And Electronics, Automotive, Consumer Appliances, Other PBT Applications

Polypropylene is a thermoplastic polymer produced by chain-growth polymerization of the monomer propylene and is used in automotive fittings and industrial fibers. It is resilient, resistant to fatigue, and highly resistant to most acids and alkalis. The main products of polypropylene are homopolymer and copolymer. A homopolymer is a polymer like polyethylene containing identical monomer units. These are used in applications such as injection molding, fiber and raffia, film and sheet, and blow molding that are used by end users such as packaging, automotive, consumer products, electrical and electronics, and other industries. The global polypropylene market is segmented - 1) By Product Type: Homopolymer, Copolymer 2) By Application: Injection Molding, Fiber & Raffia, Film & Sheet, Blow Molding 3) By End User Industry: Packaging, Automotive, Consumer Products, Electrical and Electronics, Other End-User Industries The global polypropylene market size will grow from $126.75 billion in 2022 to $138.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global polypropylene is expected to grow to $192.13 billion in 2027 at a CAGR of 8.6%. Rising demand for thermoplastic materials has contributed to the growth of the polypropylene market. Due to their unique chemical properties, thermoplastic materials can be recycled and remolded without affecting their physical properties. As a result, thermoplastic materials are far more useful in a wide range of applications, including clothing, packaging, food, and beverages. Additionally, they are also used in heavy-duty applications such as the aerospace, military, and medical industries. According to the American Chemistry Council, the production of plastic resins, which serve as the foundation for all plastic products, climbed 0.9 percent in the United States in 2020, compared to 1.2 percent in 2019. The rising demand for thermoplastic materials increased the demand for the polypropylene market, thereby driving the market. Major players in the polypropylene market are Lyondellbasell, Sinopec, Sabic, Exxon Mobil, Braskem, PetroChina, Reliance Industries, Formosa Plastics, Borealis, and Asahi Kasei Plastics. Variations in the prices of raw materials such as crude oil have always been a major challenge in the polypropylene market. Fluctuating crude oil prices increase the operating expenses, affecting the bottom lines of manufacturing companies in this market. For instance, according to the ‘Business Standard’, polypropylene became costlier by 4.6% due to rising oil prices. Crude oil is the main source of petrochemicals as plastics are produced primarily from petroleum products. Therefore, crude oil prices are one of the key factors affecting plastic costs, making them very volatile. Volatile prices thereby have a negative impact on the polypropylene market, affecting the market’s growth. Eco-friendly polypropylene compounds are increasingly being used due to strict government rules and regulations over recycling and environmental protection. The polypropylene compounds possess unique qualities, making them more favorable as an alternative in the automotive industry. For example, Grand Siam Composites, a joint venture between SCG Chemicals, Mitsui Chemicals Inc., and Prime Polymer, has developed new technologies and inventions to produce high-quality products that are environmentally friendly. With those advancements, GSC’s polypropylene compounds are producing high-quality automobile parts such as consoles, instrument panels, bumpers, door panels, and various accessories. In June 2021, LyondellBasell, one of the world’s major plastics, chemicals, and refinery firms based in the Netherlands, acquired PolyPacific Polymers. This acquisition contributes to LyondellBasell’s expansion of its polypropylene business. PolyPacific Polymers Sdn Bhd is a Malaysian firm that produces modified polypropylene olefin compounds. Asia-Pacific was the largest region in the polypropylene market in 2022. North America was the second-largest region in the global polypropylene market. The regions covered in the global polypropylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the polypropylene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The polypropylene market consists of the sales of block copolymers, and random copolymers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The polypropylene market research report is one of a series of new reports from The Business Research Company that provides polypropylene market statistics, including polypropylene industry global market size, regional shares, competitors with a polypropylene market share, detailed polypropylene market segments, market trends and opportunities, and any further data you may need to thrive in the polypropylene industry. This polypropylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Polystyrene is a synthetic thermoplastic material formed by polymerizing styrene. It is used in modelled products, foams, and sheet materials. Polystyrene can be melted at higher temperature for molding or extrusion, and then be re-solidified, in addition to being generally a solid thermoplastic. The main product types of polystyrene are expandable polystyrene (EPS), general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), and extruded polystyrene (XPS). Expandable polystyrene is a rigid, tough, and lightweight thermoplastic product. EPS is good for the packaging and construction industries due to its lightweight, strong, and excellent thermal insulation properties. Polystyrene is used in the automotive industry, electronics, thermal insulation, pharmaceuticals, consumer industry, packaging industry, and construction industry and is applied in HVAC insulation, rigid packaging, seating, and flexible packaging. The global polystyrene market is segmented - 1) By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS) 2) By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging 3) By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry The global polystyrene market size will grow from $39.67 billion in 2022 to $44.95 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of polystyrene is expected to grow to $71.91 billion in 2027 at a CAGR of 12.5%. The demand for packaged products has increased recently, particularly in emerging economies such as China and India. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased. According to the World Bank, China's GDP will grow by 2.3 percent in 2020 over 2019. The increase in per-capita income in these economies resulted in the emerging middle-class purchasing more packaged goods. The demand for packaged goods increased the consumption of polystyrene for their packaging, driving the market. Major players in the polystyrene market are A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC., Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brodr. Sunde as and Chi Mei Corporation. Stringent regulations on plastic materials were a major restraint on the expansion of the polystyrene market. Many of the products in the polystyrene market are potentially hazardous during the manufacturing stages because the manufacturing processes involve reactions that can be dangerous unless controlled carefully. Government agencies and regulators are strictly assessing and managing the risks involved in the production and use of polystyrene. Many cities in the USA have decided to ban polystyrene products from schools and other civic buildings. For instance, in June 2022, the US Interior Department, the executive department of the US federal government announced that it will ban the sale of single-use plastic on public lands, national parks by 2032. In addition, the Integrated Waste Management Authority passed an ordinance to ban polystyrene in the entire San Luis Obispo County. Polystyrene manufacturers are instructed to be compliant with complex regulations that govern labeling, handling, manufacturing, and shipping and storage of the product, leading to an increase in compliance costs for the manufacturers. The construction and packaging sectors in developing countries are increasingly using Expanded Polystyrene (EPS). EPS provides design and structural cohesion to construction projects and possesses the physical and mechanical properties required for insulation. It is mostly used in the construction sector due to its properties of closed air, low thermal conductivity, low water absorption, lightweight, mechanical resistance, and sound resistance. EPS offers sound weight and volume performances compared to other building materials, making construction simple. In October 2021, Epsilyte Holdings LLC., a US-based chemicals company acquired StyroChem Canada Ltd for an undisclosed sum. The acquisition makes Epsilyte as one of the leading producers of expandable polystyrene (EPS) in North America. StyroChem Canada Ltd is a Canadian manufacturer of expandable polystyrene (EPS). Asia-Pacific was the largest region in the polystyrene market in 2022. North America was the second-largest region in the global polystyrene market. The regions covered in the global polystyrene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the polystyrene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The polystyrene market consists of the sales of regular polystyrene plastic, polystyrene foam, and polystyrene film. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The polystyrene market research report is one of a series of new reports from The Business Research Company that provides polystyrene market statistics, including polystyrene industry global market size, regional shares, competitors with a polystyrene market share, detailed polystyrene market segments, market trends and opportunities, and any further data you may need to thrive in the polystyrene industry. This polystyrene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.