N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide Market Competitive Landscape Analysis with Forecast by 2029
August 19, 2019 by Amanpreet
A new study by Fact.MR finds that worldwide sales of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide were in excess of 11,500 tons in 2018, and are estimated to register a Y-o-Y growth of over 4.0% in 2019. The N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide industry remains influenced by a slew of factors such as growing demand for zeolites in which the chemical is leveraged as a structure directing agent (SDA).
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According to the study, leading players in the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market are currently directing their efforts toward product positioning and rebranding strategies, meanwhile focusing on strengthening their distribution networks. N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide manufacturers are continuously striving to achieve low-cost yet efficient chemical sourcing, and product developments for specific use cases. The market players are also focusing on increasing their presence in key automotive manufacturing hubs to leverage the steady demand for the chemical as a key constituent of emission control catalysts.
There has been a constant rise in the commercial vehicle parc, in line with the surging ecommerce operations that has put tremendous pressure on the transportation & logistics sector. The utility of zeolites as catalysts to control NOx emissions from diesel engines, coupled with the sustainability-driven efforts of automakers, have been sustaining the demand for N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide in recent years. The report opines that N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide manufacturers are now eyeing the lesser tapped opportunistic areas, including the development of advanced microchips and AI chips in the semiconductor industry.
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The study also finds that use of N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide as a molecular sieve template agent has been gaining utter traction, enabling the absorption of liquids and gases based on the molecular size and polarity. Additionally, the surfactant industry also holds significant opportunities for N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide manufacturers, as the industry witnesses continuous adoption of zeolites as cleaning agents.
Hindrances remain in growth of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market, with a key concern among the players being price fluctuations in raw materials. Leading players are tackling the challenge by reflecting the added cost onto the finished products. However, shifting preference of the market players toward economic alternatives, such as - tetramethyl ammonium hydroxide, and 3-chloro-2-hydroxypropyl trimethyl ammonium chloride will continue to remain a key growth impediment of the N,N,N-Trimethyl-1-Adamantyl Ammonium Hydroxide market.
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