Market Overview:
The global oil-soluble azo 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 oil-soluble azo initiators in various applications, such as bulk polymerization, suspension polymerization and solution polymerization. In addition, the growing demand for polymers from end-use industries is also contributing to the growth of the global oil-soluble azo initiator market. Based on type, the global oil-soluble azo initiator market can be segmented into azo nitrile, azo ester and azo amide. Among these types, azole nitrile is expected to witness high growth during the forecast period owing to its properties such as thermal stability and compatibility with various monomers. Based on application, bulk polymerization accounts for majority of share in terms of volume consumption followed by suspension and solution polymerizations respectively.
Product Definition:
An oil-soluble azo initiator is an additive used in paints and coatings to initiate the polymerization reaction. The oil-soluble azo initiator is important because it helps to create a durable, high-quality finish.
Azo Nitrile:
Azo nitrile is a synthetic chemical, which is also known as aziridine. It has a color similar to the dye called "red wine" and has a pungent odor.
Azo Ester:
Azo ester is a chemical compound of nitrogen and carbon. Nitrogen and carbon are the basic building blocks for all organic compounds. Azo esters are synthetic chemicals that have nitrogen as a central group element. They can be classified as polymeric or non-polymeric depending on their structure.
Application Insights:
Bulk polymerization dominated the global oil-soluble azo initiator market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period due to its wide application scope and rising demand from various industries including automotive, construction, packaging, etc. In bulk polymerization process, a large amount of Initiator (active) is used as compared to that used in suspension or solution processes.
Suspension polymerization held the second largest share owing to its rising use for manufacturing biodegradable plastics such as polylactic acid (PLA), polyglycolic acid (PGA), and others. These types of plastics are highly preferred for their biodegradability which makes them suitable for applications where land usage is important factor such as packaging and textile industry among others.
Regional Analysis:
Asia Pacific was the dominant regional segment occupying over 42.0% of the total market volume in 2017. The region is expected to witness significant growth on account of increasing demand for polymers from various end-use industries such as construction, packaging, and automotive in countries such as China, India, Japan and South Korea. In addition, rising petrochemical investments coupled with favorable government regulations aimed at promoting domestic manufacturing is anticipated to drive product demand over the forecast period.
The Middle East & Africa accounted for a significant share owing to high oil production which has led this region being called "the energy capital of the world".
Growth Factors:
- Increasing demand for oil-soluble azo initiators in the Asia Pacific region due to the growth of the automotive and construction industries.
- The increasing use of oil-soluble azo initiators in waterborne coatings, as they provide better performance than other types of coating additives.
- Growing demand for low VOC (volatile organic compounds) products, which is supported by environmental regulations such as REACH (Registration, Evaluation, Authorization and Restriction of Chemicals).
- Rising popularity of powder coatings over solvent-based coatings due to their environmental benefits such as lower emissions and energy savings during production.
- Development of new applications for oil-soluble azo initiators in areas such as adhesives and sealants
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil-soluble Azo Initiator Market Research Report
By Type
Azo Nitrile, Azo Ester, Azo Amide
By Application
Bulk Polymerization, Suspension Polymerization, Solution Polymerization
By Companies
FUJIFILM, Otsuka Chemical, Synazo, Chemours, Qingdao Kexin New Materials Technology, ACE Chemical, Hangzhou Dingyue, Jobon Link Chemical
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Oil-soluble Azo Initiator Market Report Segments:
The global Oil-soluble Azo Initiator market is segmented on the basis of:
Types
Azo Nitrile, Azo Ester, Azo Amide
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
Bulk Polymerization, Suspension Polymerization, Solution Polymerization
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
- Otsuka Chemical
- Synazo
- Chemours
- Qingdao Kexin New Materials Technology
- ACE Chemical
- Hangzhou Dingyue
- Jobon Link Chemical
Highlights of The Oil-soluble Azo 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:
- Azo Nitrile
- Azo Ester
- Azo Amide
- By Application:
- Bulk Polymerization
- Suspension Polymerization
- Solution Polymerization
- 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 Oil-soluble Azo 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Oil-soluble azo initiators are a type of chemical that can help speed up the reaction between an oil and water mixture. This is important because it helps create a film on the surface of the water droplets, which makes them easier to remove from surfaces.
Some of the major companies in the oil-soluble azo initiator market are FUJIFILM, Otsuka Chemical, Synazo, Chemours, Qingdao Kexin New Materials Technology, ACE Chemical, Hangzhou Dingyue, Jobon Link Chemical.
The oil-soluble azo 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 Oil-soluble Azo 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 Oil-soluble Azo Initiator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil-soluble Azo 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 Oil-soluble Azo 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 Oil-soluble Azo Initiator Market Size & Forecast, 2020-2028
4.5.1 Oil-soluble Azo Initiator Market Size and Y-o-Y Growth
4.5.2 Oil-soluble Azo 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 Azo Nitrile
5.2.2 Azo Ester
5.2.3 Azo Amide
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 Bulk Polymerization
6.2.2 Suspension Polymerization
6.2.3 Solution Polymerization
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil-soluble Azo 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 Oil-soluble Azo 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 Azo Nitrile
9.6.2 Azo Ester
9.6.3 Azo Amide
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 Bulk Polymerization
9.10.2 Suspension Polymerization
9.10.3 Solution Polymerization
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 Azo Nitrile
10.6.2 Azo Ester
10.6.3 Azo Amide
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 Bulk Polymerization
10.10.2 Suspension Polymerization
10.10.3 Solution Polymerization
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 Azo Nitrile
11.6.2 Azo Ester
11.6.3 Azo Amide
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 Bulk Polymerization
11.10.2 Suspension Polymerization
11.10.3 Solution Polymerization
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 Azo Nitrile
12.6.2 Azo Ester
12.6.3 Azo Amide
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 Bulk Polymerization
12.10.2 Suspension Polymerization
12.10.3 Solution Polymerization
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 Azo Nitrile
13.6.2 Azo Ester
13.6.3 Azo Amide
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 Bulk Polymerization
13.10.2 Suspension Polymerization
13.10.3 Solution Polymerization
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 Oil-soluble Azo Initiator Market: Competitive Dashboard
14.2 Global Oil-soluble Azo Initiator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FUJIFILM
14.3.2 Otsuka Chemical
14.3.3 Synazo
14.3.4 Chemours
14.3.5 Qingdao Kexin New Materials Technology
14.3.6 ACE Chemical
14.3.7 Hangzhou Dingyue
14.3.8 Jobon Link Chemical
