Global N-Vinylformamide Market 2019-2028: Rapid Adoption by Paper Industry in Developing Regions Boosting Global Market

Pune, India, June 28, 2017 /MRFR Press Release/- Market Research Future has a Half Cooked Research Report on Global N-Vinylformamide Market.

Market Overview:

On the basis of geography, the market share of N-Vinylformamide is high in Asia Pacific region, due to large market share occupied by the paper industry, and is also estimated to increase at a high growth rate as compared to other regions such as North America, Europe, Latin America, and the Middle East. On the other hand, they are also increasing application in radiation cure coatings, construction, adhesives, and specialty chemicals. N-Vinylformamide are used in the paper industry to increase the efficiency of the production process. Furthermore, they are highly utilized in various applications such as water treatment, cosmetics, adhesives, petroleum recovery, construction, and others.

Market Segmentation:

The global N-Vinylformamide market is segmented by applications, end-use industry, and region. On the basis of applications the N-Vinylformamide market is divided by water treatment, adhesives, petroleum recovery, paint & coatings, and others. Applications for N-Vinylformamide and its derived monomers and polymers appear numerous, in particular in radiation cure coatings, based on their good physical and toxicological properties. N-Vinylformamide can be used as a building block to make larger monomers and other compounds. In addition, major applications of N-Vinylformamide are dry and wet strength for paper manufacturing, specialty chemicals, surface modification, reactive diluent for radiation curing, superabsorbents, absorption of pollutants, etc. N-Vinylformamide has a range of applications and is used in paper making, textile finishes, personal care, water treatment, adhesives, oil field chemicals, and radiation cure coatings etc. Basically, N-Vinylformamide is a water-soluble monomer that provides a wider range of application due to its lower toxicity and higher reactivity than the more common acrylamide monomer. N-Vinylformamide, being a liquid monomer, makes it is easier to scale up and is commercially available in pure form.

On the other hand, on the basis of end user the N-Vinylformamide market is segmented into paper, energy & resources, packaging, personal care, and others. Owing to paper industry, N-Vinylformamide occupied the highest market share as compared to other industry. Especially N-Vinylformamide allows paper manufacturers to produce more environmentally friendly and considerably lower their costs. N-Vinylformamide is highly utilizing paper industry to increase the efficiency of the production process. N-Vinylformamide help to optimize production efficiency through functional chemicals that give paper specific properties to performance chemicals that improve the appearance and performance of printed paper and board. N-Vinylformamide can be polymerized to a wide range of high molar mass poly-vinylformamide polymers. Likewise, saponification of the formamide group produces primary amino groups containing cationic polymers. These cationic polymers can be used in the paper production processes. Furthermore, the increasing consumption of N-Vinylformamide in various industry such paper, cosmetics, and others will drive the global N-Vinylformamide market in the forecasted period.

Regional Analysis:

Asia Pacific is the largest market of N-Vinylformamide due to large consumption in the paper industry, in China region followed by India, Japan, and Thailand. Increasing demand for paper industry in China, India, Japan, Taiwan, and South Korea has made Asia Pacific largest consumer of the global N-Vinylformamide market followed by increasing in the consumption of N-Vinylformamide market in the North America region. In North American region, the N-Vinylformamide market is drive by paper, cosmetics, and other industries. In addition, the third largest market of N-Vinylformamide is Europe region due to large consumption in the cosmetic industry. Moreover, Latin America and Middle East also observed in growth of the N-Vinylformamide market due to various applications such as water treatment, adhesives, petroleum recovery, and others.

Competitive Analysis:

Key players of the global N-Vinylformamide market are BASF SE (Germany), Santa Cruz Biotechnology, Inc. (US), TCI (Shanghai) Development Co., Ltd.(China), Mitsubishi Rayon Company, Ltd. (Japan), Solenis LLC (US), Dia-Nitrix Co., Ltd.(Japan), Eastman Chemical Company (US), and Others.

On, 5 July 2012, BASF plans to expand vinyl formamide capacity in Ludwigshafen, Moreover, BASF SE aims to increase the polymerization capacity in Ludwigshafen and build a new polymerization line for vinylformamide in China for further processing of the feedstock from Ludwigshafen. The total investment by BASF SE is in the three-digit million euro range and will create about 40 new jobs worldwide and announced that production will start by the end of 2014. With the enlarged capacity, BASF will be able to better serve papermakers around the world. The expansion in Ludwigshafen will allow us to keep up with the growing demand for Polyvinyl Chloride. Furthermore, Growth is projected in Europe, Asia, and in Americas. 

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