Sibelco NV (Belgium), U.S. Silica Holdings, Inc. (US) are Leading Players in the Washed Silica Sand Market

The global washed silica sand market size is projected to grow from USD 18 million in 2021 to USD 24 million by 2026, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast year. Washed silica sand refers to silica sand that undergoes a washing and rinsing process after mining. Salt, clay, and other powders and dust are washed out of the overall mixture. It often undergoes additional separating and classification into grain sizes or grit sizing. Washed silica sand comes in coarse, medium, fine, and ultra-fine granule sizes. Washed silica sand is used for various applications, such as glass, foundry, ceramic & refractories, filtration, abrasives, metallurgical silicon, and oil well cementing.

The washed silica sand market has thousands of companies which thrive in their domestic market. A few of the major players are, Sibelco NV (Belgium), U.S. Silica Holdings, Inc. (US), VRX Silica Limited (Australia), Australian Silica Quartz Group Ltd (Australia), and Adwan Chemical Industries Company (Saudi Arabia), among others. These players have adopted various growth strategies, such as merger & acquisitions, and agreements, to increase their market shares and enhance their product portfolios.

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Merger & acquisition accounted for the largest share of all the strategic developments that took place in the washed silica sand market between 2017 and 2020. Key players such as U.S. Silica Holdings, Inc., and VRX Silica Limited adopted these strategies to enhance their business, market presence, and meet consumer demand.

SCR- Sibelco NV is a global material solutions company. It provides specialty industrial minerals, particularly silica, clays, feldspathic sand, and olivine. The company operates different business segments, namely, Covia, Build Environment; Disposal Group Lime, Glass Solutions; Coating, Polymer & Chemical Solutions; and Water & Environment Solutions. Covia operates with 50 million tons of active production capacity. The company produces the crystalline forms of silica – quartz and cristobalite – as both sands and flours. For industrial use, pure deposits of silica capable of yielding products of at least 98% SiO2 are required. The company has three major silica sand production facilities worldwide. It has 114 production sites that are operating in 31 countries worldwide.

U.S. Silica Holdings, Inc. engages in the provision of commercial silica products. It operates through the Oil & Gas Proppants and Industrial & Specialty Products segments. The Oil & Gas Proppants segment focuses in delivering fracturing sand, which is pumped down oil and natural gas wells to prop open rock fissures and increase the flow rate of natural gas and oil from the wells. The company operates in the US and Canada. It operates 23 production facilities in the US. It controls 489 million tons of reserves of commercial silica, which can be processed to make 197 million tons of finished products.

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Steel Wire Market worth $124.7 billion by 2025

The report “Steel Wire Market by Form (Non-rope, Rope), Type (Carbon Steel, Alloy Steel, Stainless Steel), End-use Industry (Construction, Automotive, Energy, Agriculture, Industrial), Thickness, and Region – Global Forecast to 2025” The global steel wire market size is expected to grow from USD 93.1 billion in 2020 to USD 124.7 billion by 2025, at a CAGR of 6.0% during the forecast period. Steel wire is extensively being used in the construction, automotive, energy, agriculture, industrial, and other end-use industries. The increasing construction & infrastructure projects support the demand for steel wire in the construction end-use industry.

Browse 143 market data Tables and 50 Figures spread through 200 Pages and in-depth TOC on “Steel Wire Market by Form (Non-rope, Rope), Type (Carbon Steel, Alloy Steel, Stainless Steel), End-use Industry (Construction, Automotive, Energy, Agriculture, Industrial), Thickness, and Region – Global Forecast to 2025 “
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Non-rope form of steel wire comprises a major share of the steel wire market in terms of value and volume.

In the non-rope form, steel wires are used in a wide range of applications such as wire for tires, hoses, galvanized wires and strands, ACSR strands, and armoring of conductor cables, springs, fasteners, clips, staples, mesh, fencing, screws, nails, barbed wires, chains, etc. Steel wire finds wide applications in the construction industry, including steel fiber in concrete and prestressed steel wire in the prestressed concrete structure; It also finds applications in the automotive industry.

The COVID-19 pandemic resulted in a decline in industrial activities in the first half of 2020 across the globe. It resulted in reduced demand for steel wire from various end-use industries. The market for the non-rope form of the steel wire segment is expected to decline by 6.7% in terms of volume in 2020 compared with the previous year.

The carbon stell type accounts for the largest market share in the global steel wire market during the forecasted period in terms of value and volume

Carbon steel is the largest type of steel used for manuafturing steel wire. The carbon steel wire gives high strength and it is used in a wide range of applications such as for tires, cords, hoses, galvanized wires and strands, ACSR strands and armoring of conductor cables, fencing, springs, fasteners, clips, staples, mesh, screws, nails, barbed wires, chains, and steel fibers in concrete. The wide applications and acceptance of carbon steel wires is expected to drive the demand during the forecasted period. The COVID-19 pandemic has resulted in reduced demand for steel wires from major applications such as construction reinforcement and ACSR strands. These factors are expected to reduce the demand for carbon steel wire in 2020. The steel wire consumption is expected to recover post the pandemic.

The construction end-use industry accounted for the largest market share in the global steel wire market during the forecast period in terms of value and volume.

The construction end-use industry holds the dominant market share in the global steel wire market, both in terms of value and volume. The construction industry has increased demand for steel wire in prestressed concrete applications as it reduces the construction time and concrete material requirement. The demand for steel wires from construction end-use is expected to decline in 2020 due to halts in construction projects in the first half of 2020. Also, major manufacturers temporarily closed their plants during the lockdown. The demand is expected to recover after the COVID-19 pandemic is under control.

APAC is expected to account for the largest market share in the steel wire market during the forecast period.

APAC accounts for the biggest share of the global steel wire market. The construction and automotive end-use industry are major consumers of steel wire in the region. The region is home to some of the major steel wire manufacturers such as Kobe Steel, Tata Steel, and Nippon Steel. Moreover, the China is a manufacturing hub of various commercial, military, and passenger automotive vehicles. Europe is the second major consumer of steel wire construction; automotive and energy are the major industries fueling the growth of the steel wire market in this region.

However, the COVID-19 outbreak has affected the demand for steel wire s in the region. On the positive side, support packages offered by governments of various countries will help to maintain the liquidity in steel wire market. Such initiatives coupled with recovery in the application industries will increase the demand for steel wire in APAC and European region.

The key players in the steel wire market include ArcelorMittal (Luxembourg), Nippon Steel (Japan), JFE Steel Corporation (Japan), TATA Steel Limited (India) and Kobe Steel, Ltd. (Japan), are some of the key players in the steel wire market. JSW Steel Ltd. (India), Bekaert SA (Belgium), The Heico Companies (United States), Ferrier Nord (Italy) and Byelorussian Steel Works (Belarus), and among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the steel wire market. These players have taken different organic and inorganic developmental strategies over the past five years.

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Henry Schein, Inc. (US) and MANI, INC. (Germany) are Leading Players in the Dental Diamond Burs Market

The global dental diamond burs market size is estimated at USD 130 million in 2021 and is projected to reach USD 191 million by 2026, at a CAGR of 8.0%, between 2021 and 2026. Dental diamond burs are restorative instruments. Dentists utilize diamond burs all around the world, most commonly with high-speed handpieces. The most common application of dental diamond burs is to grind away hard tooth tissue, generally enamel and bones. A diamond bur’s grinding action produces a rough surface. They are made by bonding small diamond particles to a substrate. They find their best use when a cut demands high accuracy is required.

The key players in the dental diamond burs market are Dentsply Sirona Inc. (US), Henry Schein, Inc. (US), SHOFU Inc. (Japan), MANI, INC. (Germany), Bresseler USA (US), and others. The dental diamond burs market report analyzes the key growth strategies adopted by the leading market players, between 2016 and 2021, which include expansions, mergers & acquisition, new product developments/launch, and collaborations.

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Henry Schein, Inc. is a healthcare solutions company. It is one of the world’s leading providers of healthcare products and services, particularly to dental and medical practitioners in their offices, as well as alternate care settings. The company conducts its business through three reportable segments, health care distribution, technology and value-added services, and Corporate TSA Revenues. The company manufactures dental specialty products in the areas of implants, orthodontics, and endodontics. It has its operations in 31 countries across the globe. It has 28 strategically-located distribution centers around the world. It is a fortune 500 company.

MANI, INC. engages itself in the development, manufacture, and sale of medical instruments specializing in surgical and dental products. The company started manufacturing surgical needles in 1956 and since has contributed as a medical device manufacturer supplying surgical and dental instruments. In order to actualize high-quality and low-cost production technologies, the firm has production facilities in Vietnam, Myanmar, and Laos. The company focuses largely on the R&D. It has three reportable segments, namely, surgical products (products related to the surgical and ophthalmic fields), eyeless products (Suture Needles: Eyeless･ Eyed) and Dental Products. The dental product segment includes R&D, manufacture, and distribution activities for the dental medical devices, such as dental instruments, root canal treatment instruments, endodontic rotary cutting instruments, and endodontic accessories. The company was listed on second section of Tokyo Stock Exchange in 2011.

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Lanxess (Germany) and Perstorp (Sweden) are the leading players in Calcium Formate Market

The global calcium formate market size is estimated to grow from USD 545 million in 2020 to USD 713 million by 2025, at a CAGR of 5.5% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application areas of calcium formate ranging from leather and textile to the construction industry. Increasing demand from APAC will further drive the growth of the global calcium formate market.

APAC is estimated to be the leading calcium formate market during the forecast period. The growth in this region can be attributed to the rapidly increasing demand for calcium formate from the end-use industries, especially construction, leather & textile and animal husbandry. The market is witnessing moderate growth, owing to increasing application, technological advancements, and growing demand for these calcium formate additives in the APAC and Europe.

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Lanxess (Germany), Perstorp (Sweden), Chongqing Chuandong Chemical (Group) Co. Ltd. (China), Geo Specialty Chemical Inc.(Ohio), and Zibo Ruibao Chemical Co. Ltd. (China), American Elements (US), Henan Botai Chemical Building Material Co. Ltd. (China), Shandong Baoyuan Chemical Co. Ltd. (China), Jiangxi Kosin Organic Chemical Co. Ltd (China) and Sidley Chemical Co. Ltd (China) among others are the leading calcium formate manufacturers, globally. These companies adopted expansion, new product development, joint venture, and merger & acquisition as their key growth strategies between 2017 and 2020 to earn a competitive advantage in the calcium formate market.

Lanxess (Germany) is the largest player in the market. In February 2020, LANXESS completed the acquisition of Itibanyl Produtos Especiais Ltda. (IPEL). With the acquisition, LANXESS is strengthening its position as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations. In November 2019, PMC Group acquires of Lanxess’ Organotin Specialties Business Assets. The Business included Lanxess’ global organotin catalyst, organotin specialties and intermediates product lines.

Perstorp (Sweden) is ranked second in the calcium formate market. In November 2019, Perstorp, invested in the construction of a new Pentaerythritol (Penta) production facility in Gujarat, India. The Gujarat plant will produce Penta, including the renewable grades of Voxtar, providing up to a 60% reduced carbon footprint. Commercial production is planned to start in Q1 2022. Also, in July 2019, ProPhorce Valerins is the latest innovation by Perstorp in the field of animal nutrition. It consists of glycerol esters of valeric acid. Research have shown that this product significantly improves broiler performance even when compared to industry standards such as butyric acid.

Steel Wire Market Competitive Analysis with Growth Forecast Till 2025

Steel wire are used in a various of end-use industries, including construction, automotive, energy, agriculture, industrial, and others. It possesses high strength, scrub resistance, and good conductivity, which makes it useful in applications such as wire for tires, hoses, galvanized wires and strands, ACSR strands, and armoring of conductor cables, springs, fasteners, clips, staples, mesh, fencing, screws, nails, barbed wires, chains, etc. However, amidst the global COVID-19 pandemic, the demand for steel wires from the industries mentioned above is expected to show a sharp decline. The global steel wire market size is expected to grow from USD 93.2 billion in 2020 to USD 124.7 billion by 2025, projecting a CAGR of 6.0 % during the forecast period between 2020 and 2025.

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Over the past years, steel wire manufacturers have strengthened their position in the global steel wires market by adopting expansions, partnerships, agreements, new product/technology launches, joint ventures, contracts, and mergers & acquisitions. However, owing to lockdown announced by several countries in 2020, the demand for steel wire from automotive, industrial and energy end-use industries has declined sharply, which resulted in declined demand for steel wire. For instance, as per European Automobile Manufacturers Association the demand for the demand for new cars in Europe is declined by 25% in first quarter of 2020, thereby reducing steel wire demand.

The major manufacturers profiled in this report include ArcelorMittal (Luxembourg), Nippon Steel (Japan), JFE Steel Corporation (Japan), TATA Steel Limited (India) and Kobe Steel, Ltd. (Japan), are some of the key players in the steel wire market. JSW Steel Ltd. (India), Bekaert SA (Belgium), The Heico Companies (United States), Ferrier Nord (Italy) and Byelorussian Steel Works (Belarus), and among others. The steel wire business of these companies is severely affected due to the outbreak of COVID – 19 pandemic. Reduced demand for steel wire from several OEMs and disruption in the supply chain have compelled the steel wire manufacturing companies to operate at partial capacities. However, several steel wire manufacturers have focused their concentration on new product development. These developments, coupled with end-use industries resuming their operations at full capacities, would create demand for steel wires during the forecast period. For instance, Bekaert SA reached to and acquisition agreement with Bridon-Bekaert Ropes Group and took full ownership. The company adopted this strategy to grow their business globally and to create significant value over the period of time.

Growing demand of calcium formate in the construction industry

Calcium formate is used as cement additive and concrete accelerator, tile adhesives and cement-based mortars. The growth in the consumption of cement from the construction industry effectively boosts the demand for calcium formate market.

Calcium fromate is used as a cement additive in the construction industry for quick setting and increasing hardness of cement products. Cement is also used in the production of various products such as bricks and blocks, slabs and sheets, adhesives and concrete. In addition, calcium formate is also used as an inhibitor, PH regulator, corrosion protector to substrates of buildings and infrastructure, and for cementation of oil drilling. It is mostly used in the production of concrete in China which is one of the most dominant countries in the production and consumption of cement. Thus, the growing demand of cement in the construction industry is driving the market for calcium formate

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The construction industry will continue to lead the calcium formate market, , accounting for a share of 29.7% of the overall market, in 2019 terms of value. Increasing construction and infrastructural activities is expected to boost the rising demand for cement and concrete in the near future. The use of calcium formate as an accelerator in the concrete setting application decreses the setting time and increases the strength, thus boosting the global calcium formate market

Recent Developments

In November 2019, Perstorp, invested in the construction of a new Pentaerythritol (Penta) production facility in Gujarat, India. The Gujarat plant will produce Penta, including the renewable grades of Voxtar, providing up to a 60% reduced carbon footprint. Commercial production is planned to start in Q1 2022.
In February 2020, LANXESS completed the acquisition of Itibanyl Produtos Especiais Ltda. (IPEL). With the acquisition, LANXESS is strengthening its position as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations.

North America dominated the industrial gas equipment market

North America held the largest share in the industrial gas handling equipment market and is projected to dominate the market during the forecast period. The U.S. is projected to be the fastest-growing country level market for industrial gas handling equipment, during the forecast period, whereas the market for Asia-Pacific is projected to grow at the highest CAGR. Factors such as growth of the metal fabrication industry due to the increasing demand for automobiles and consumer appliances, development of new technologies and machineries in the healthcare & medical sector, rapid industrialization in the emerging Asia-Pacific region, and stringent government regulations regarding worker and environmental safety are driving the industrial gas handling equipment market.

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The gas equipment market size will grow from USD 51.93 Billion in 2016 to reach USD 72.22 Billion by 2021, at an estimated CAGR of 6.82%. Strict government standards and regulatory legislations have a positive impact on the safest and proper use of gas equipment. Rapid industrialization, growing concern toward the public health, and laws & regulations have propelled the growth of the gas equipment industry.

Gas equipment market, on the basis of equipment category, consists of gas delivery systems, gas regulators, flow devices, purifiers & filters, gas generating systems, gas detection systems, cryogenic products, and accessories. Due to the increasing use of super cooled liquefied gases in the chemical sector and other industrial activities, the demand for cryogenic products such as pressure vessels, cryogenic storages, and cold traps for the purpose of transporting and storing has also increased and it is expected to witness the same trend through 2021.

On the basis of gas, the market has been categorized into atmospheric gases, hydrogen, acetylene, helium, and other gases which include carbon monoxide, krypton, neon, xenon, and nitrous oxide. The atmospheric gases segment recorded the largest consumption of gas equipment in 2015 due to the huge demand for this type of gases in the industrial applications. Hydrogen and acetylene gas have high potential as the demand for these gases is growing rapidly in the chemical, food processing, and metallurgical industries.

The key players in the industrial gas handling equipment market are Linde AG (Germany), Air Liquide S.A (France), Praxair Inc. (U.S.), Air Products And Chemicals, Inc. (U.S.), and Iwatani Corporation (Japan). The other players in the market are Colfax Corporation (U.S.), Itron, Inc. (U.S.), Messer Group GmbH (Germany), Matheson Tri-Gas, Inc. (U.S.), and GCE Holding AB (Sweden).

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Specialties of Lube Oil Refinery Market- Current Trends and Future Aspect Analysis 2023

Specialties of lube oil refinery are the derivatives of lube oil refining consisting of a mixture of hydrocarbon molecules. Paraffin wax, microcrystalline wax, slack wax, anti-ozone wax, and process oils are the products obtained in the process of lube oil distillation. The global specialties of lube oil refinery market size are estimated to grow from USD 10.4 billion in 2018 to USD 11.3 billion by 2023, at a CAGR of 1.8%. The high demand for specialties of lube oil refinery from the packaging, pharmaceutical, and cosmetics industries is driving the market. However, regulations to limit the use of petroleum-derived products in cosmetics manufacturing and increasing demand for synthetic and bio-based waxes are major challenges in the specialties of lube oil refinery market.

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The specialties of lube oil refinery market have been segmented on the basis of type and region. Among the type segment, the fully refined wax segment is projected to register the highest CAGR between 2018 and 2023. This high growth is attributed to its increasing consumption in lipsticks, creams, oily papers, and chocolate. Candle manufacturing is another major application of fully refined wax. Fully refined paraffin wax is also used in matchmaking, packaging, electronic insulation, and textile finishing.

In terms of geographic coverage, the specialties of lube oil refinery market has been segmented into five key regions, namely, North America, APAC, Europe, the Middle East & Africa, and South America. APAC is expected to record the highest growth rate during the forecast period, due to the growing cosmetic, pharmaceutical, and packaging industries. The development of these industries is attributed to the increasing urbanization, rising number of working women, and growing concern about physical appearance and better healthcare needs.

Continuous R&D activities to improve the performance of white oil and petrolatum for use in cosmetics and pharmaceutical applications are expected to provide significant opportunities in the specialties of lube oil refinery market. The pharmaceutical and cosmetics industries are facing challenges regarding purity of the materials used as well as their consistency and longevity. Purity of raw materials is of high concern for the use in applications such as skin care, hair care, ointments, complexion creams, laxatives, baby oils, and as a carrier for the preparation of curative drugs. For these applications, the raw materials should be free from irritants & allergens and free of toxic chemicals and heavy metals or microbes. Several major companies are involved in continuous R&D activities to improve the quality of these products and make them safe to use. These improvements will further drive the demand for lube oil refinery products in the cosmetics and pharmaceutical applications.

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