1,3-Dioxolan Market: Highlights

  • 1,3-Dioxolan is a powerful aprotic solvent that is used as a formulation in production processes or as reactant in various industries. It is increasingly used in the formulation of waterborne coatings. Led by its strong solvency and favorable toxicity profile, dioxolan is rapidly finding acceptance as a replacement for halogenated, aromatic, and problematic solvents such as methyl ethyl ketone.
  • Polar polymers are susceptible to softening or dissolving in dioxolan. Traditionally, chlorinated solvents were used extensively for materials such as polycarbonates, acrylates, cellulosics, urethanes, phenolics, nitriles, urea formaldehydes, and alkyds. However, dioxolan is being used increasingly with these and other polymer systems such as polyesters, vinyls, epoxies, and halogen-containing polymers. A dye solution containing an acrylate copolymer and an alkyd can be held together with dioxolan to form a tight bonding film to polyester and acrylates. Solutions for casting films of cyanoethylated carbohydrates are prepared in dioxolan.
  • Dioxolan can also be used as a seaming solvent to apply polyester labels to small and large plastic bottles containing soft drinks, water, or other liquids. A bead of dioxolan is applied continuously to the polyester film, which is quickly folded over the bead and bonds. Dioxolan quickly softens the surface, and the polymer chains intertwine and bond.

Key Drivers of 1,3-Dioxolan Market

  • 1,3-Dioxolan has the ability to rapidly dissolve polar polymers such as polyesters, epoxies, and urethanes. Thus, it is ideal for usage in coating and various other applications. Its small size allows it to rapidly penetrate the polymer, resulting in rapid application rates for various coating processes. Its low boiling point helps achieve high throughput or fast drying. These factors are expected to boost the demand for 1,3-Dioxolan in the near future.
  • Rise in usage of 1,3-Dioxolan as swelling or finishing agent in textile applications is anticipated to drive the market during the forecast period. Textile is a prominent industry in China. The textile industry has been expanding significantly in the country due to the low cost of labor, inexpensive land, supportive government policies, large domestic consumer market, and abundant availability of human resource. Expansion of the textile industry in Asia Pacific, especially in China and India, is projected to propel the 1,3-Dioxolan market in the region in the near future.

1,3-Dioxolan Market: Application Segment

  • Based on application, the global 1,3-Dioxolan market can be segmented into polymer, metal working & electroplating, textile, coatings, and others
  • The polymer segment is projected to account for significant share of the global 1,3-Dioxolan market during the forecast period
  • Expanding at a healthy growth rate, metal working & electroplating, textile, and coatings segments are expected to create significant incremental opportunities during the forecast period
  • In terms of demand, the others segments is anticipated to expand at a moderate to high pace in the near future

1,3-Dioxolan Market: Covid-19 Impact

  • The COVID-19 pandemic has had a negative impact on the global economy. It has adversely affected various industrial sectors by hampering the supply chain. Purchase and consumption behavior have changed significantly across various sectors with months of consumer lockdown and closure of international supply chains and retail businesses. This has adversely impacted the global 1,3-Dioxolan market.
  • The combination of extended lockdowns in developed market economies and domestic social distancing has deepened the adverse impact on emerging market economies. Longer lockdowns led to severe impact on household income, corporations' liquidity, and bank asset quality.

Asia Pacific to be Key Region of Global 1,3-Dioxolan Market

  • In terms of region, the global 1,3-Dioxolan market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, the U.S. aims to promote investments in its end-use industries. This is estimated to boost the 1,3-Dioxolan market in the country.
  • In terms of demand, Asia Pacific held major share of the market in 2018, followed by North America and Europe. Asia Pacific is a highly promising region of the market. This trend is expected to continue in the next few years. Constant rise in production and export of 1,3-Dioxolan in Asia Pacific is driving the demand for 1,3-Dioxolan in the region.
  • The market in Latin America and Middle East & Africa is estimated to expand at a moderate pace during the forecast period. End-use industries in Mexico have been expanding steadily and the market in the UAE also exhibits tremendous growth. This is projected to drive the demand for 1,3-Dioxolan in Latin America and Middle East & Africa, respectively, during the forecast period.

Global 1,3-Dioxolan Market: Research Scope

Key Manufacturers Operating in Market

The global 1,3-Dioxolan market was highly fragmented in 2019. Key manufacturers operating in the global market include:

  • BASF SE
  • BEETACHEM INDUSTRIES
  • Antera Agro Chem
  • Vandana Chemical
  • Z River Group Limited
  • Kairav Chemofarbe Industries Ltd
  • Shenyang Gold Jyouki Technology Co., Ltd.

Global 1,3-Dioxolan Market, by Application

  • Polymer
  • Metal Working & Electroplating
  • Textile
  • Coatings
  • Others

Global 1,3-Dioxolan Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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