Market Overview:
The global azo polymerization initiator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polyacrylamide, polyacrylic acid and other products in various applications across the globe. In terms of type, the water soluble segment is expected to dominate the global azo polymerization initiator market during the forecast period owing to its properties such as easy handling and low toxicity. In terms of application, the polyacrylamide segment is projected to lead due its growing demand from various end-use industries such as oil & gas, water treatment and others.
Product Definition:
An azo polymerization initiator is a molecule that is capable of initiating the process of polymerization by reacting with two monomers to form a new, covalent bond. These molecules are typically very reactive and can be dangerous to handle, so they are often used in conjunction with other chemicals or catalysts that help to control the reaction.
Water Soluble:
Water soluble initiators are used in azo polymerization. The market is expected to grow at a CAGR of XX% from 2017 to 2025. Initiator’s role in the process is very important as it helps control and regulate the rate, temperature, and catalyst activity for successful completion of the reaction.
Oil Soluble:
Oil soluble is a colloidal system that remains in solution when the concentration of oil is greater than 1%. The particles are suspended in an oil and will aggregate together to form larger particles as they are absorbed into the skin. These types of powder have been used for many years as adhesives, binders, and coating materials. They can be produced by mechanical or chemical methods.
Application Insights:
The application segment includes polyacrylamide, polyacrylic acid, and others. Polyacrylamide is expected to be the fastest-growing application segment over the forecast period owing to its wide usage in water treatment applications. Initiators are used with polymerization catalysts for producing high molecular weight compounds that are used in various industries including oil & gas and food processing.
Polymerization of acrylonitrile butadiene styrene (ABS) using initiator yields a higher amount of crosslinked products which act as a better alternative to plasticizers for PVC production due to their superior properties such as flexibility, impact resistance, temperature stability and color retention ability over long periods when compared with conventional plasticizers such as phthalate esters or mineral oils. This has resulted in increased product demand from automotive industry worldwide which is expected drive market growth during the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 40% owing to the presence of key manufacturers such as Nippon Polyurethane (NPU) Co., Ltd. and China National Nuclear Corporation. The region is expected to continue its dominance over the forecast period due to increasing demand from end-use industries such as paints & coatings, plastics, rubber, pharmaceuticals, food & beverage and others.
The growing automotive industry in Asia Pacific is also anticipated to drive product demand in near future. In addition, rising construction activities coupled with government initiatives for infrastructure development are likely to have a positive impact on industry growth across this region. North America emerged as one of the prominent consumers due to high consumption levels from end-use industries such as paints & coatings; plastics; rubber products; pharmaceuticals; adhesives & sealants among others which are driving Azo Initiator Market growth across this region since 2014 (figure 1).
Growth Factors:
- Increasing demand for polymers in end-use industries such as automotive, construction, and packaging is expected to drive the growth of the azo polymerization initiator market.
- Growing awareness about the benefits of using azo polymerization initiators over traditional catalysts is projected to boost the demand for these products over the forecast period.
- Rising investments by key players in research and development activities to develop new and innovative products is likely to propel market growth during the forecast period.
- Stringent environmental regulations regarding VOC emissions from chemical manufacturing processes are expected to create opportunities for azo polymerization initiators manufacturers in developed countries over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Azo Polymerization Initiator Market Research Report
By Type
Water Soluble, Oil Soluble
By Application
Polyacrylamide, Polyacrylic Acid, Others
By Companies
Fujifilm, Chemours, Otsuka Chemical, Synazo, Qingdao Runxing, Qingdao Kexin, Jinan Wanduoxin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Azo Polymerization Initiator Market Report Segments:
The global Azo Polymerization Initiator market is segmented on the basis of:
Types
Water Soluble, Oil Soluble
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polyacrylamide, Polyacrylic Acid, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fujifilm
- Chemours
- Otsuka Chemical
- Synazo
- Qingdao Runxing
- Qingdao Kexin
- Jinan Wanduoxin
Highlights of The Azo Polymerization Initiator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water Soluble
- Oil Soluble
- By Application:
- Polyacrylamide
- Polyacrylic Acid
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Azo Polymerization Initiator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Azo polymerization initiator is a compound that helps initiate the polymerization of azobenzene molecules.
Some of the major companies in the azo polymerization initiator market are Fujifilm, Chemours, Otsuka Chemical, Synazo, Qingdao Runxing, Qingdao Kexin, Jinan Wanduoxin.
The azo polymerization initiator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Azo Polymerization Initiator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Azo Polymerization Initiator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Azo Polymerization Initiator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Azo Polymerization Initiator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Azo Polymerization Initiator Market Size & Forecast, 2020-2028
4.5.1 Azo Polymerization Initiator Market Size and Y-o-Y Growth
4.5.2 Azo Polymerization Initiator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Water Soluble
5.2.2 Oil Soluble
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polyacrylamide
6.2.2 Polyacrylic Acid
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Azo Polymerization Initiator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Azo Polymerization Initiator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Water Soluble
9.6.2 Oil Soluble
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polyacrylamide
9.10.2 Polyacrylic Acid
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Water Soluble
10.6.2 Oil Soluble
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polyacrylamide
10.10.2 Polyacrylic Acid
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Water Soluble
11.6.2 Oil Soluble
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polyacrylamide
11.10.2 Polyacrylic Acid
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Water Soluble
12.6.2 Oil Soluble
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polyacrylamide
12.10.2 Polyacrylic Acid
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Water Soluble
13.6.2 Oil Soluble
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polyacrylamide
13.10.2 Polyacrylic Acid
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Azo Polymerization Initiator Market: Competitive Dashboard
14.2 Global Azo Polymerization Initiator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fujifilm
14.3.2 Chemours
14.3.3 Otsuka Chemical
14.3.4 Synazo
14.3.5 Qingdao Runxing
14.3.6 Qingdao Kexin
14.3.7 Jinan Wanduoxin
