Astaxanthin Market- Industry Insights, Outlook, Trends, Forecast 2017-2025

Astaxanthin is a member of the xanthophyll family of carotenoids which is found in some marine plants and animals. Also known as "the king of the carotenoids," it is acknowledged as one of the most powerful antioxidants present in nature. Highest concentration of Astaxanthin is found in Pacific sockeye salmon. It is also present in crab, algae, shrimp, krill, red trout, and lobster. Commercial production of is from astaxanthin Haematococcus pluviailis (HP). A hybrid system for photoautotrophic cultivation of Haematococcus pluviailis comprises of a photobioreactor (PBR) fence.

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Astaxanthin has various health benefits such as supports cardiovascular health, supports immune functioning, helps in protection of cells and nervous system from oxidative damage and supports brain health. Astaxanthin has excellent UV-light protection effect and antioxidant activity which makes it an excellent enhancement for eye health care. Astaxanthin is beneficial in lowering oxidative stress and improving blood flow in smokers and weighty people. Astaxanthin is used for curing Alzheimer's disease, Parkinson's disease, protection against cancer, in boosting recovery after stroke, and in reducing skin damage from ultraviolet (UV) light.

Astaxanthin Market Taxonomy
On the basis of source, the global Astaxanthin market is classified into:

• Artificial
  
• Natural
  

On the basis of end use industry, the global Astaxanthin market is classified into:

• Food & Beverages
  
• Pharmaceuticals
  
• Personal Care Products
  

Astaxanthin has powerful UV-blocking properties that help protect human skin from sun related damage. It is also beneficial in reducing wrinkles and in improving skin moisture levels. Astaxanthin has natural anti-inflammatory properties and natural forms of astaxanthin helps to block inflammatory COX2 enzymes and also suppressing serum levels of interleukin 1B, nitric oxide, C Reactive Protein (CRP), prostaglandin E2 and TNF-alpha (tumor necrosis factor alpha). Astaxanthin is used for the treatment of breast cancer, comprising of reduced growth of breast cancer cells. Astaxanthin can enhance endurance and fatigue levels after exercise and also helps in boosting the body's consumption of fatty acids which helps prevent muscle and skeletal damage.

Astaxanthin Market Outlook – Increasing Pharmaceutical Applications to be the Major Market Driver  

Asia Pacific and North America are expected to be the most potential markets for Astaxanthin manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the anticipated growth in pharmaceutical industry, especially in developing countries such as China and India. According to IBEF, US$ 55 billion will be generated by the Indian pharmaceuticals industry by 2026. In addition to this, the growing medical tourism in India has boosted the growth of succinic acid market in the region. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.

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Various applications of Astaxanthin in pharmaceutical and personal care products are fueling the growth of Astaxanthin market, especially in Asia Pacific and Middle East regions. High production cost due to limited availability of raw materials is one of the factors affecting the growth of astaxanthin market globally. Mergers and acquisitions, developing innovative portfolio are some of the key strategies adopted by the top players in the global astaxanthin market. In Fenchem Biotek Ltd, a leading provider of high-quality constituents for the cosmetics industry expanded its cosmetic business in South American market. The new plant has been set up in Sao Paulo, Brazil which also includes a warehouse for optimizing supply chain. Some of the major companies operating in the global astaxanthin market include BASF SE, Cyanotech Corporation, IGENE, BGG (Beijing Ginko Group), Supreme Biotechnologies NZ Ltd, Parry Nutraceuticals, DSM NV, Algatechnologies Ltd., Yunnan Alphy Biotech Co., LTD., and Fenchem Biotek Ltd.

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Methanol Market- Industry Insights, Trends, Outlook and Forecast 2016-2024

Methanol is a liquid which is manufactured mostly through oxidization of methane or through synthesis of carbon monoxide and hydrogen. Methanol is termed as wood alcohol since it depicts properties similar to conventional fuels. Methanol is chiefly utilized as a fuel in vehicles as well as an antifreeze solution in automobiles. It is also used as a feedstock for manufacturing various products such as formaldehyde, acetic acid, MTBE, DME, and others. It is used widely in numerous other industrial applications. It is a volatile, colorless, toxic, and flammable liquid. Globally, methanol is produced at around 90 methanol plants. Most of these methanol plants are located in Asia Pacific, Latin America, North America and others.

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Methanol market is segmented on the basis of feedstock type, application, and end-use industry. On the basis of feedstock type, the market is segmented into oil & gas and coal. Oil & gas feedstock segment is expected to contribute the major market share in the global market. However, lower cost of coal has boosted coal based production of methanol. On the basis of application, methanol market is segmented into formaldehyde, acetic acid, MTBE, DME, and gasoline. Formaldehyde application segment of methanol holds major market share and is expected to dominate the overall market during the forecast period. On the basis of end-use industry, methanol market is segmented into automotive industry, construction industry, and others. Automotive end user industry segment is expected to hold leading share of methanol industry.

Global Methanol Market Taxonomy

The global methanol market is classified on the basis of the following segments:

• Feedstock Type
  • Oil & Gas
  • Coal
• Application
  • Formaldehyde
  • Acetic Acid
  • MTBE
  • DME
  • Gasoline
• End-use Industry
  • Automotive
  • Construction
  • Others

Prevalent Scenario in Methanol Market

Methanol is extensively utilized at filling stations and as alternative fuel which is expected to drive the demand for methanol. Methanol is widely used at various industries such as construction, automotive, textile, and furniture industries. Increased activities in these industries have further boosted the demand for methanol across the globe. Energy and petrochemical industries have increased their production which has led to high demand for methanol in these industries. Formaldehyde and acetic acid are widely used derivatives of methanol across the globe. Natural gas is the primary source of feedstock for manufacturing methanol. Asia Pacific is the leading market for methanol across the globe. China dominates the methanol market in Asia Pacific. China has been utilizing coal as the primary source of feedstock for methanol production owing to its low cost and easy availability. Share of coal feedstock is expected to increase owing to increase in share of China in global methanol market.

Future Outlook of Methanol Market

Globally, various mixtures of methanol are being utilized as alternative fuel source for vehicles and other applications. This trend is expected to boost the demand for methanol. Derivatives of methanol are widely used for various industrial applications and processes which are expected to boost the demand for methanol in these industries. Applications such olefins, DME, and gasoline blending provide huge growth opportunities for methanol market. Regions such Middle East and Africa and Latin America have also boosted the production of methanol owing to easy availability and low cost of natural gas in these regions. Production of methanol in North America has also increased owing to shale gas boom in the region. Production cost of methanol in North America has become competitive owing to these factors. Excess supply of methanol in the market and improved safety factors are expected to further drive the demand for methanol owing its low cost of production. Additionally, growing demand for biofuels and strict emissions norms are expected to further drive the demand for methanol across the globe during the forecast period. Asia Pacific is expected to be the leading market for methanol during the forecast period owing to high demand from countries such as China, India, Japan, and others.

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Market Share Strategies

The major players dominate the production and supply of methanol across the globe. The leading players are striving to improve and hold major share of the global methanol market. Various production and supply chain strategies are adopted by companies to improve market positioning. Some of the leading players operating in the global methanol market include BASF SE, Celanese Corporation, Methanex Corporation, Methanol Holdings (Trinidad) Limited (MHTL), Mitsubishi Gas Chemical Co., Inc. (MGC), Mitsui & Co., Ltd., Petroliam Nasional Berhad (Petronas), SABIC, Valero Marketing and Supply Company, and Zagros Petrochemical Company (ZPC), among others.

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Zinc Oxide Market- Industry Insights, Trends, Outlook and Forecast 2016-2024

Zinc oxide (ZnO) is an inorganic and insoluble compound that is mainly used as an additive in various products such as rubber, ceramics, paints, lubricants, foods, batteries, plastics, first-aid tapes, antiseptic creams, cosmetic creams, and medical substances. One of the major applications of zinc oxide is its usage in creams, ointments, and lotions to protect human skin against sunburn and harmful UV rays. Zinc oxide also finds application in treatment of a number of skin conditions and is widely used in products such as anti-dandruff shampoos, calamine creams, anti-septic ointments, baby care powder, and barrier creams for treating diaper rashes. Owing to the high refractive index, antibacterial properties, UV protection properties, and high thermal conductivity, zinc oxide has a vast application in personal and cosmetics industry.
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Increasing investments in research and development initiatives, rising penetration of zinc oxide in various end-user industries such as rubber industry, ceramics, personal care and others, coupled with significant physiochemical attributes such as UV protection that provides protection from sun burn when used in sunscreen creams and lotions and antibacterial properties that aid any cuts or skin diseases are the major factors driving the demand for zinc oxide globally. On the other hand, high concentrations of zinc oxide leads to toxicity concerns, which is expected to restrain the growth of global zinc oxide market.
Zinc Oxide Market Taxonomy
By End-Use Industry
The Global market can be segmented on the basis of end-use industry:

• Rubber
  
• Personal Care and Cosmetics
  
• Hair care
  
• Skin care
  
• Colour cosmetics
  
• Toiletries
  
• Others (Face Powder, Talcum Powder, etc.)
  
• Pharmaceuticals
  
• First-aid tapes
  
• Antiseptic creams
  
• Dental cements
  
• Others (Dietary Supplements, etc.)
  
• Electronics
  
• Chemicals
  
• Glass & Ceramics
  
• Agriculture
  
• Others (Food, Paints & Coatings, Power Generation, etc.)
  

By Production Methods
The global market can be classified on the basis of production methods:

• Direct process
  
• Indirect process
  
• Laboratory synthesis
  
• Wet chemical process
  
• ZnO nanostructures
  

Rubber industry contributes a major share to the zinc oxide market. However, in recent times, zinc oxide has gained significant traction in the booming personal care and cosmetics industry. Owing to its non-toxic property, zinc oxide is widely used in products such as baby lotions, talcum powder, nail care products, body soaps, and makeup products. It has a significant application in sunscreen lotions and creams in specific concentrations, attributed to its ability to provide wide protecting spectrum from UV rays and remains scattered on the skin without getting absorbed in the blood.
Zinc Oxide Market Outlook – Flourishing Cosmetics Industry Positioning Asia Pacific as Key Market
Based on the regional outlook, zinc oxide market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The market in Asia Pacific is projected to exhibit robust growth during the forecast period (2016-2024), owing to burgeoning growth of the personal care products and cosmetics market in the region. Europe is expected to account for a favourable share in the global zinc oxide market due to the government’s approval on using zinc oxide market in beauty and skin care products. Approval and usage of zinc oxide in sunscreen products in U.S. is expected to drive the growth of market in North America. The study by Scientific Committee on Consumer Safety concluded that application of zinc oxide does not pose risk of adverse effect in humans when used at a concentration up to 25% in UV protection creams. Therefore, the approval for usage of zinc oxide in skin care products in Europe and North America will shoot up the demand for global market of zinc oxide.
Some of the key players operating in zinc oxide market are Croda International, Symrise, Merck KGaA, Umicore SA, Showa Denko, G.H. chemicals Ltd., Advanced Nano Technologies Ltd., Weifang Longa Zinc Industry Co. Ltd., and others. Major manufacturers in the global zinc oxide industries are focusing on research and development activities along with organic growth to gain a competitive advantage and expand their global presence. With the approval of application of zinc oxide in UV filter products in Europe, Croda International has gained a wider opportunity of tapping the larger consumer base with its products.
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Other companies operating in zinc oxide market include Nano Labs, Sigma Aldrich Company LLC, American Elements, and US Research Nanomaterials Inc.
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Lithium Hydroxide Market- Industry Insights, outlook, Trends, and Forecast 2016-2024

Lithium Hydroxide (LiOH) is an inorganic compound that is insoluble in water and partially soluble in ethanol. It is commercially available as a monohydrate (LiOH.H2O) and in anhydrous form, both of which are strong bases. On the basis of purity level, it is also available in battery grade and technical grade. Lithium hydroxide is manufactured by means of a metathesis reaction between calcium hydroxide and lithium carbonate and it finds extensive use in battery manufacturing and as an industrial lubricant. Owing to improved properties of lithium hydroxide, as compared to other concentrates, it is mostly preferred in new battery technologies. Besides, there is a potential market for lithium hydroxide in rechargeable battery manufacturing. The compound is also majorly used in production of industrial greases such as lithium stearate, a popular lubricating grease that offers excellent thermal resistance. However, owing to its indispensable use in these industries along with difficulties in sourcing and manufacturing, the compound is available at significantly high prices. Furthermore, the supply-demand gap prevalent in the industry due to lack of supply and growing demand is expected to further push prices upwards. Lithium hydroxide on being heated produces toxic fumes which act as potential restraint for the market growth.  According to CMI analysis, the worldwide demand for lithium hydroxide is forecast to expand at a healthy rate in the foreseeable future.
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Lithium Hydroxide Market Taxonomy
By End-user Industry
On the basis of end-user industry the global market is classified into:

• Consumer Electronics
  
• Energy Storage
  
• Transportation
  
• Others (Dyestuffs and Adhesives, etc.)
  

By Application
On the basis of application the global market is classified into:

• Lubricant Grease
  
• Batteries
  
• Chemical Synthesis
  
• Glass & Ceramics
  
• Carbon dioxide Scrubbing
  
• Others (Portland Cement, etc.)
  

In recent years, demand for lithium hydroxide has been dominated by its use in lubricant grease application and the trend is expected to continue over the next few years. However, the emergence of nickel cobalt aluminum oxide (NCA) cathode use for power tool batteries and later transportation is expected to surpass the growth of lubricant grease application segment in the latter half of the forecast period. Rapidly growing power generation industry in Asia Pacific region, together with increasing establishment of manufacturing facilities are expected to drive demand for lithium hydroxide in the region. Furthermore, setting up of Tesla Gigafactory in the U.S. is another major factor that is expected to drive demand in the North American market.
Lithium Hydroxide Market Outlook – Rapid industrialization coupled with growing battery storage market to fuel demand for lithium hydroxide in emerging economies
Rapid economic development in countries such as China and India is expected to drive demand for multi-purpose grease, which in turn, is expected to fuel revenue growth in the global lithium hydroxide market. Also, growing industrialization across the world is expected to evoke demand for power tools, which requires NCA cathode, made from lithium hydroxide. Besides, rising global demand for electric vehicles is anticipated to boost consumption of lithium hydroxide over the forecast period (2016-2024). Furthermore, rising solar PV installations across the world coupled with an increasing demand for high storage capacity batteries is driving the lithium hydroxide market, and simultaneously driving revenues for existing stakeholders. The market is governed by various regulatory bodies such as International Civil Aviation Organization (ICAO), Technical Instructions and corresponding International Air Transportation Association (IATA), Dangerous Goods Regulations and International Maritime Dangerous Goods (IMDG) Code, with regulations mainly pertaining to transportation of primary lithium.
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Some of the companies operating in the global lithium hydroxide market are FMC Corporation, Sociedad Quimica Minera (SQM), Jiangxi Ganfeng Lithium, Albemarle Lithium, Shandong Ruifu Lithium, Jiangxi Dongpeng New Materials Co. ltd., Sichuan Brivo lithium Materials Co. ltd., Leverton Lithium, Rockwood, Tianqi Lithium, etc. These players are currently focused on increasing their production capacity to meet the growing demand for lithium hydroxide. As an instance, in May 2016, FMC Corporation announced plans of tripling its existing lithium hydroxide production capacity. Furthermore, players are focused on research and development activities to gain a competitive advantage, for example, in July 2016, Neometals Ltd. progressed the commercialization of ELi Process that converts spodumene concentrate into high value battery grade lithium hydroxide.
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Copper Sulfate Market- Industry Insights, Trends, Outlook, and Forecast 2016-2024

Copper sulfate, denoted by the chemical composition CuSO4, is derived as a result of the chemical reaction when copper is treated with concentrated sulfuric acid. Copper sulfate is also known as cupric sulfate and is available in two forms namely hydrous copper sulfate and anhydrous copper sulfate. Copper sulfate market is witnessing an ever increasing growth in demand owing to its significant application in agricultural industry as an efficient fungicide. Apart from agricultural industry, copper sulfate is also used in the chemicals industry as a component for preparation of catalysts used in various chemical processes, of purification of gases such as removal of hydrogen chloride and hydrogen sulfide. It is also used as a source of copper. Copper sulfate is a versatile chemical compound that has an extensive range of applications in various industries such as chemicals, leather, and electrical. Copper sulfate finds major application in industrial processes such as electroplating, dyeing mordant, tanning processes, and preparation of anti-fouling paints. Copper sulfate is set to witness escalating demand in niche applications such as analytical reagent, medical uses and organic synthesis. Owing to increasing demand for copper sulfate as an additive in animal feedstock and the application of copper sulfate as an analytical reagent for the preparation of several other types of reagents such as Biuret reagent and Benedict’ solution, the copper sulfate market is positioned on a high growth trajectory over the near future.
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Copper Sulfate Market Taxonomy
By Types
On the basis of types, the global market is segmented into:

• Hydrous
  
• Anhydrous
  

By End-Use Industry
On the basis of end-use industries, the global market is segmented into:

• Agricultural
  
• Fungicides
  
• Herbicides
  
• Pesticides
  
• Chemical
  
• Electricals
  
• Electroplating
  
• Batteries
  
• Others
  
• Medical
  
• Leather & Textiles
  
• Others (paints, hair dye, glues, etc.)
  

The agricultural industry is a major end user of copper sulfate market. Demand for copper sulfate is expected to increase significantly in this industry, owing to its increasing use in production of herbicides, fungicides, pesticides, and fertilizers in animal feedstock sulfate. Other applications of copper sulfate contribute fairly to the increasing demand for copper sulfate industry such as, copper sulfate adhesives that are used in production of paints and glues. Copper sulfate witnesses an increasing demand sulfates an additive in binding pastes and glues for books in order to protect them from book bugs. This highly versatile compound also finds wide application in the construction industry, sulfate where it is used as an additive in concrete to offer disinfectant and water resistance qualities. Increasing usage of copper sulfate in fireworks, artworks as a coloring agent, printing ink, and hair dye, among other applications is expected to lead to a significant surge in growth of the copper sulfate market.
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Market Outlook – Rapidly growing agricultural activities is expected to fuel the demand for Copper Sulfate market
Asia-Pacific region is a region characterized by a burgeoning agricultural industry that is witnessing significant growth to keep pace with the population explosion in the region. This creates a highly conducive growth environment for copper sulfate, which is used in agricultural chemicals including fungicides, herbicides, and insecticides. Growth of the agricultural sector in developed regions of North America and Europe are also expected to position these as lucrative market for producers of copper sulfate, especially in sulfate in U.S. and Canada. The production of copper sulfate is increasing in Europe due to the increasing usage of copper sulfate additive in animal feedstock. 
Leading producers of copper sulfate include ATOTECH, Allan Chemical Corporation, WEGO Chemical & Mineral Corp., and NOAH Technologies Corporation.

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Global paints and coatings market to surpass US$ 235 billion by 2025

The Global Paints and Coatings Market was valued at US$ 137.25 Billion in 2016, according to a new report published by Coherent Market Insights. The increasing use of waterborne paints in various end-use industries such as automotive, furniture, and architecture, will enhance growth of the market during the forecast period. The solvent free content of these coatings results in negligible or low volatile organic compounds (VOC) emissions, which in turn makes these products environment friendly and hence, fuel demand for these coatings globally.

The global paints and coatings market has gained significant traction over the last five years. This is mainly attributed to surging demand for waterborne paints due to stringent government regulation for VOC emissions. Moreover, the decorative paints demand is expected to witness significant increase due to growing urbanization in the emerging and developed economies.

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Decorative paints application is the largest segment accounting for over 41.61% market share in the global paints and coatings market. Increasing urbanization and rising demand for modern infrastructure is projected to fuel demand for decorative paints during the forecast period. Waterborne paints is the largest segment in the paints and coatings market due to stringent environment regulations and technology shifting towards developing new ecofriendly products, with low VOC emissions. Powder coatings is the fastest growing segment during the forecast period. This is mainly attributed to rampant growth of end-use industries such as automotive and aerospace in emerging economies such as India and China.

Key takeaways of the market:

• Asia-Pacific is projected to be the largest region in global paints and coatings market. It accounted for 41.56% of overall paints and coatings market revenue in 2016. The market in this region is expected to be primarily driven by rampant growth of end-use industries in China, India, and ASEAN countries. The growing construction and automotive end-use industries, rising urbanization, growing demand for fully furnished homes are some of the key drivers for the growth of paints and coatings in the Asia-Pacific region.
• The market in Latin America is expected to register a significant growth rate over the forecast period. Rise in discretionary income along with increasing construction activities are expected to create lucrative growth opportunities for the players in this region.
• PPG industries, The Sherwin Williams Co, RPM International Inc, The Valspar Corp, Axalta Coating System, BEHR, Benjamin Moore & Co, Dunn Edwards Corporation, Ennis Flint and Shawcor Ltd. are few of the key players in global paints and coatings market.
• Acrylic paints is one of the key segments among resin types due to its durability, affordability and flexibility characteristics. Moreover, acrylic paints segment is expected gain traction due to increasing infrastructure development and growing construction activities around the globe. Asia Pacific is the fastest growing market for paints and coatings due to steady economic growth and growing population. The population of Asia Pacific is expected to reach 5 billion by 2050 as per United Nations (UN), which in turn is expected to fuel demand for supportive infrastructure development.

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• Technological advancements are the main focus area of players in the market, focusing on differentiating their products from that of other players in the market. For instance on September08, 2016, Australian National University (ANU) developed a water repelling spray, which can be sprayed on mobile phones, aerospace and ships.

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Polyphenylene Sulfide (PPS) Market- Industry Insights, Trends, and Forecast 2016-2024

Polyphenylene Sulfide (PPS) is a semi-crystalline, high temperature engineering plastic, which is widely accepted across various industries for its remarkable features such as high mechanical strength, high temperature and chemical resistance. These properties of PPS make it an appropriate alternative of choice for various metals and thermosets. The demand for PPS has significantly increased in across applications such as automotive components, filter bag in coal boilers, and electrical & electronic products. Polyphenylene sulfide or PPS can be bought in diverse forms and grades, including fibers, films, coatings, filaments and compounds. Unfilled PPS resin holds the ability to be melt spun as well as melt blown, so as to offer fabrics and fibers that have applications in flame-resistant clothing, filtration media and conveyor belts. Various reinforcing materials such as glass fibers help in reinforcing polyphenylene sulfide to enhance its thermal and mechanical properties. PPS is generally applied in injection molding processes and can even be turned into films and coatings. These versatile properties make PPS a preferred choice for diverse applications across various industries.
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Polyphenylene Sulfide Market Taxonomy
On the basis of application, the global market is classified into:

• Automotive
  
• Electrical & electronics
  
• Industrial
  
• Filter bags
  
• Aerospace
  
• Coatings
  
• Other applications (sterilizable medical, dental, and laboratory equipment, hair dryer grills, and components)
  

Key players focusing on organic growth strategies to ensure sustainable growth in the polyphenylene sulfide market
Various leading companies in the global polyphenylene sulfide market have been launching new products with more advanced features to increase the application area and in turn enhance market presence of the players. For instance, DIC introduced impact modified PPS, an elastomer-modified PPS, which possessed features such as elongation, improved strength, excellent performance even under high temperature and humidity, and low flash level. Apart from this, a few key companies are expanding their production facilities in order to cater to growing demand for PPS. For instance, in April 2014, Celanese Corporation, a specialty materials company, announced the expansion of its Nanjing, China manufacturing facility. The company added a new PPS compounding unit to the facility, which helps in replacement of thermo sets and metals in certain applications like aerospace, automotive and electronics. The PPS market is expected to witness increasing competition over the near future with emergence of various local players focusing on capitalizing on lucrative growth opportunities on offer in the market.
Polyphenylene Sulfide Market Outlook – Increased consumption of PPS in high-temperature applications driving market growth
Owing to its properties such as superior performance, PPS finds wide application in high-temperature processes. This factor is projected to notably drive the market growth over the forecast period. Besides, the recyclable nature of PPS, along with its ability to increase fuel economy and cut emission levels, is expected to further increase its demand, globally. The product’s wide usage in different automotive components, such as transmission components, switches, coolant systems, and pistons, is also likely to drive the global polyphenylene sulfide market growth in the near future.
Asia-Pacific market for polyphenylene sulfide is expected to witness the fastest growth, during 2016-2024. This growth can be owed to increased demand from emerging markets in the region, including India and China. On the contrary, factors such as easy availability of substitutes, such as PEEK and PEI, and price volatility of raw materials are projected to inhibit global market growth over the near future.
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The key players operating in the global polyphenylene sulfide market are Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among others.
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