Textile Dyes Market 2018 Trends, Industry Analysis, Outlook and Global Forecasts 2023

Synopsis of Textile Dyes Market:

The Global Textile Dyes Market is expected to witness a significant growth of USD ~ 8.75 Billion by 2023 with CAGR of ~8.13 % between 2016 and 2023.

The Textile Industry uses various chemicals and dyes during the production of textiles. Likewise, textile dyeing is the process of adding color to textile products such as fibers, wool, silk yarns, and fabrics. There are mainly two category of dye one is natural and other is man-made. Textile dyes are applied to textile by dyeing from dye solutions and by printing from dye pastes. In addition, Textile dyes have two main applications i.e. garment dyeing and yarn dyeing. On the other hand, synthetic textile dyes are usually made from coal tar and petroleum. They differ so much because different materials require different chemicals to make the dye adhere. Some types of textile dyes include direct dyes, acid dyes, basic dyes, fiber-reactive dyes, vat dyes, mordant dyes, solvent dyes, disperse dyes¸ and others.

Furthermore, the major drivers of textile dyeing markets are large production activity of Textile in developing countries. On the other hand, the market growth might be hampered due stringent regulations.

Key Players:

Key players of the Global Textile Dyes Market are Kyung-In Synthetic Corporation (South Korea), Kiri Industries Ltd. (India), Atul Ltd (India), Synthesia, a.s. (Europe), Chromatech Incorporated (US), S.A. Robama (Europe), Avocet Dye & Chemical Co. Ltd (UK), Brand & Performance Textile Specialties (Singapore), LANXESS (Europe), Huntsman International LLC (US),  and Others.

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Segmentation:

The Global Textile Dyes Market is majorly segmented on the basis of Types, Application, Fibers and Region.

Based on Types Textile Dyes Market is segmented as direct dyes, acid dyes, basic dyes, fiber-reactive dyes, vat dyes, mordant dyes, solvent dyes, disperse dyes¸ and others (sulphur dyes, azoic colors etc.).

Based on Application of Textile Dyes the market is segmented into yarn dyeing, garment dyeing.

Based on Fiber the market segmented into cotton, wool, silk, nylon, viscose, and others (Acrylic, Jute etc).

Based on Region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

Regional Analysis:

Asia Pacific is the largest market of Textile Dyes due to the increase in urban households, new applications of textile products and rapid growth in the online fashion market. India, Taiwan, and South Korea has made Asia Pacific largest consumer of the Global Textile Dyes Market followed by increasing in the consumption of textile dyes market in North America region. Furthermore, the third largest market of Textile Dyes is Europe followed by Latin America and Middle East due to various application in different type of fibers such as cotton, wool, silk, nylon, viscose, and others.

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Industrial Alcohol Market 2018 Size, Trends, Growth, Outlook and Forecast to 2023

Market Research Future (MRFR) projects the growth of the Global Industrial Alcohol Market to be steady and reach a significant valuation over the forecast period of 2017-2023. Industrial Alcohol experiences high demand from diverse industries such as automotive, chemical, pharmaceutical, and others since it has multiple advantages. Industrial Alcohol can be used as an antimicrobial agent, solvent and as a biofuel which supports the growth of the Industrial Alcohol Market. Industrial Alcohol is used for a broad spectrum of uses. Stringent emission norms and regulations mandating the use of ethyl alcohol as biofuel blend with petroleum fuels has spurred the growth of the Global Industrial Alcohol Market. Owing to raising awareness regarding greenhouse gas emissions, ethyl alcohol is gaining prominence as a biofuel as they are cleaner-burning fuels than diesel and pure gasoline. Industrial Alcohols are also used in the food & beverage industries too. In the pharmaceutical industry, Industrial Alcohol is used in antiseptics, drugs, lotions, and ointments while in the cosmetics industry it is used in perfumes, deodorants, and shampoos. 

Initiatives to develop low-cost biofuel is a trend which is likely to boost the growth of the market. Industrial Alcohol such as isopropyl alcohol is being widely used as a solvent in various industries. On the downside, fluctuations in the price of raw materials and complex approval process from regulatory bodies remain hurdles to the growth of the Industrial Alcohol Market.

Competitive Landscape

The prominent players operating in the Global Industrial Alcohol Market include Cristalco (France), Exxon Mobil Corporation (U.S.), MGP (U.S.), Cargill, Incorporated (U.S.), Eastman Chemical Company (U.S.), BASF SE (Germany), Greenfield Global, Inc. (Canada), Raizen (Brazil), Royal Dutch Shell plc (Netherlands), and Green Plains Inc. (U.S.).

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Segmentation

The Global Industrial Alcohol Market has been segmented based on Source, Type, and Application.

By Source, the market has been segmented into sugar & molasses, corn, grains, fossil fuels, and others.

By Type, the market has been segmented into ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others. The ethyl alcohol segment is leading the market owing to its broad application in the gasoline blending process. Moreover, due to its antimicrobial properties, it is widely used across the cosmetic and pharmaceutical industry while the methyl alcohol segment is the second largest.

By Application, the market has been segmented into fuel, pharmaceuticals, personal care products, food ingredients, chemical intermediate & solvent, and others.

Regional Analysis

North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa are the key markets for Industrial Alcohol. North America accounts for a substantial share of the Global Industrial Alcohol Market. The availability of raw materials makes the US the largest producer of ethanol as well as the largest consumer. The region has a huge market for pharmaceutical, and automotive industry and experiences inflated demand for industrial alcohol from these industries. Also, favorable schemes such as ethanol expansion in the US through the agricultural sector has contributed majorly to the North America Industrial Alcohol Market.

The Europe market is spurred by towering demand for Industrial Alcohol from the automotive, pharmaceutical, chemical, and other industries in the region.

Rapid industrialization in the Asia Pacific region has paved the way for the expansion of industrial alcohol market.

Latin America and the Middle East & Africa market are projected to exhibit considerable growth over the forecast period. The untapped markets in the region store ample opportunities for market expansion.

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Engineering Plastic Market 2018 Segmentation by Product Types and Application with Forecast to 2022

Market Insights

Engineering Plastics are specially produced plastic material with a number of end-uses due to their superior mechanical and thermal properties. PVC, polystyrene, polypropylene are some examples of commonly used Engineering Plastic. Market Research Future has found that the Global Engineering Plastics Market is expected to witness positive growth during the forecast period which ends in 2022. Engineering Plastic is has properties such a high abrasion wear, fatigue resistance, high impact strength and several others.

Some common uses of Engineering Plastics are in the production of automotive parts such as car bumpers and dashboard trim, in toy products such as Lego bricks, and in sporting and protective equipment such as motorcycle helmets, skies, and boots, to name a few. Lightweight and thermal properties make Engineering Plastics superior to commodity plastics. Engineering Plastics are easy to manufacture, but are more expensive, as they have a longer life. Complex shapes are easy to produce thus driving the market. The automotive sector is one of the most significant users of Engineering Plastic. Growth of this sector due to the high demand for personal transportation from a large, global urban population with increasing purchasing power is one of the key drivers for the market. 

Mechanical parts are also made using this type of plastic. Other properties that Engineering Plastics display that offer high growth opportunity to the Global Engineering Plastics Market include chemical stability, self-lubrication, heat resistance, and fire retardation. Another significant use of Engineering Plastics is in electrical and electronic products, their various helpful properties lend themselves to the production of lightweight and high performance products which are in high demand.

Volatile prices of raw materials are likely to challenge market growth over the forecast period.

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Key Players

Eminent market players profiled in MRFR’s report include Lanxess AG, Celanese Corporation, Evonik Industries AG, Covestro, BASF SE, Mitsubishi Engineering-Plastics Corporation, Solvay S.A., LG Chem Ltd., Saudi Basic Industries Corporation, and E. I. du Pont de Nemours and Company.

Latest Industry News

Solvay as launched new grades of Ryton PPS for extrusion applications in the automotive sector. The new grades are highly flexible and lightweight.

DuPont has launched new high temperature nylon and polybutylene terephthalate which are fire retardant, and high performance materials designed for automotive surface and electrical component applications.

Market Segmentation

The Global Engineering Plastic Market is segmented in MRFR's report on the basis of product, application, and region. 

By product, the market is segmented into polyamide, acrylonitrile butadiene styrene (ABS), thermoplastics, polyesters, polycarbonates, and others. Among these, the ABS segment accounts for the largest share on the basis of product due to the high demand for it. ABS is in high demand as it has properties such as chemical resistance, high temperature resistance, mechanical potency, and several others.

Applications of Engineering Plastics are found in construction, electrical & electronics, automotive, consumer goods, and others. The automotive segment is the largest consumer of Engineering Plastic as they have extensive applications in the automotive industry. Used for production of lighting components, connectors, and other automotive parts, Engineering Plastics are expected to witness increased demand from this segment due to increasing demand for personal transportation vehicles.

Regional segmentation divides the global market into North America, Europe, Asia Pacific, and the Rest of the World.

Regional Analysis

Asia Pacific is expected to lead the market with the most significant share due to the high demand for Engineering Plastics in the region. All end-use industries where Engineering Plastics are used are growing at a swift pace in the APAC. Construction, electronics, automotive, and others have high demand in this rapidly urbanizing region. Increasing purchasing power have led to an increase in demand for Engineering Plastics in chemicals, power generation, automobile and other industries.

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Sol-Gel Coatings Market 2018 | Industry Sales, Supply and Consumption Analysis and Forecasts to 2023

Market Research Future (MRFR) reveals in its latest study that the Global Sol-Gel Coatings Market is poised to thrive at a robust CAGR of 11.22% during the forecast period 2018 to 2023. MRFR further reveals that the market is estimated to reach a value over USD 3853.5 Mn by 2023 up from USD 2,047.4 Mn in 2017.

The tremendous growth witnessed in the transportation sector has boosted the demand for Sol-Gel Coatings as it caters to the need for multi-functional coatings. Furthermore, the adoption of Sol-Gel Coatings for protecting surfaces of aircraft from harsh environmental damage is projected to fuel demand in the market across the projection period. Sol-Gel Coatings alleviate the maintenance costs of aircrafts, which is likely to have a positive impact on the market expansion.

The increasing penetration of electronics and gadgets is expected to catapult the Global Sol-Gel Market on an upward trajectory. The touchscreen segment has captured 15% share of the electronics market, and the trend is anticipated to continue in the foreseeable future. The increasing demand for Sol-Gel Coatings by the touchscreen industry is expected to complement the Sol-Gel Market proliferation across the review period.

A paradigm shift to bio-based products has opened up avenues for product portfolio expansion and innovation in the Sol-Gel Coatings Industry. Market operators are investing in research and development activities for upgrading existing technologies and keeping themselves ahead of the curve. The growth strategies implemented by the existing players are projected to aid market growth over the review period.

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Global Market for Sol-Gel Coating-Competitive Dashboard:

Some of the key players profiled by MRFR in its report include PPG Industries, Inc., Akzo Nobel N.V., 3M, Axalta Coatings, and the Sherwin-Williams Company, Ferro Corporation, Premium Coatings and Chemicals Pvt Ltd, Euroglas Gmbh, NanoTech Coatings, Warren Paints & Color Company, OPTICOTE, INC, Henkel AG & Co., KGaA, Covestro AG, Arkema SA, CCM GmbH, and Nano Care Deutschland AG.

Global Market for Sol-Gel Coating-Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on Application.

By Application, the Sol-Gel Coatings Market is segmented into automotive glass, healthcare, construction, mobile device screens, marine, solar panels, and others. Among these, the automotive glass segment is projected to exhibit the steepest rise at 12.92% CAGR. The healthcare segment currently accounts for the second largest share in the Global Sol-Gel Coating Market, and it is likely to continue its dominance over the assessment period.

Regional Outlook:

By Region, the Global Sol-Gel Coating Market has been segmented into Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa. North America presently holds the maximum share of the global market. It is likely to retain its dominance over the next couple of years. The growth in North America market is attributable to the strong value maintained by end-user industries, such as transportation, electric and electronics, and marine among others. The North America market was valued at USD 675.2 Mn in 2017 and is estimated to register 11.08% CAGR during the forecast period.

Europe accounts for the second largest share of the global market. The trend is likely to continue through the assessment period. The developed transportation and healthcare sectors in the region are expected to accelerate the revenue creation for market participants. Germany and the U.K. are the primary revenue generators in Europe Sol-Gel Coating Market.

Asia Pacific holds immense potential for market growth and is one of the emerging Sol-Gel Coatings Markets globally. The market in Asia Pacific is estimated to reach a valuation of USD 893.2 Mn by 2023 striking a CAGR of 13.57%. The factors responsible for encouraging growth in the Global Sol-Gel Coatings Market are increased government expenditure on the development of the electric and electronics sector, and, thriving transportation sector among others. China accounts for the most substantial share in the Asia Pacific market, trailed by Japan and India.

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Nano Coatings Market 2018 Trends, Industry Analysis, Outlook and Global Forecasts 2023

Global Nano Coatings Market – Competitive Landscape

Characterized by the presence of several large and small-scale players, the Global Nano Coatings Market appears to be fragmented and highly competitive. Though the large companies have a great geographical presence, the entry of several new companies will pose a stiff competition to them.

Emphasizing upon new product development initiatives, and geographical expansion; Marketers compete based on price and brand reinforcement. Matured players incorporate strategic initiatives such as acquisition, collaboration, expansion, partnership, and technology launch in order to gain a competitive advantage in this market and thus to maintain their market position. These key players strive to develop a wide range of diverse products each intended for a p   articular purpose.

Industry/Innovation/Related News

October 23, 2018 – HZO, Inc. (US), a leading global player in advanced and scalable electronics waterproofing and protection solutions announced the acquisition of Semblant Limited (UK), a leader in protective nanocoatings and waterproof technology.

The acquisition will enable HZO to quickly introduce additional protection solutions to current and future customers of both companies with its Spectrum of Protection portfolio of solutions that can allow greater flexibility to manufacturers looking to protect electronic components using a more diverse range of protective coating materials, equipment, and processes.

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Global Nano Coatings Market – Regional Analysis

The Asia Pacific region is holding the major share in the Global Nano Coatings Market. Japan has emerged as the major player in the region followed by China, South Korea, Taiwan, and India due to the growing demand from various end-use industries such as building & construction, automotive, electronics, packaging, healthcare military & defense, and marine.

Innovation in technologies and success achieved in the production of electronics and electrical items among others has propelled the Nano coatings market in the APAC region to continue its dominance over the global market during the forecast period 2018-2023.

Whereas, Nano Coatings Market in the North American region closely follows the APAC region in terms of market consumption. This market is expected to show high demand during the forecast period 2018-2023 from the end-user industries such as building & construction, healthcare, aerospace, and renewable energy industries.

On the other hand, the Nano Coatings Market in the European region is rapidly emerging as a promising market. The region is expected to demonstrate high growth prospects during the forecast period, witnessing the huge demand from the industries such as automotive, microelectronics, and renewable energy industry.

The MEA region (the Middle East & Africa) is also expected to observe a considerable demand for Nano Coatings over the assessment period due to growing building & construction, marine, and chemical industries.

Whereas, the Nano Coatings Market in the Latin American region is expected to be driven by the growing construction, marine, and renewable energy industries during the forecast periods, 2018-2023.

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LED Materials Market 2018 Size, Trends, Growth, Outlook and Forecast to 2024

Market Scenario

The Global LED Materials Market presumed to register 10.92% CAGR during the assessment period (2018-2024) owing to the increasing demand for energy efficient lights, asserts Market Research Future (MRFR). A light emitting diode or LED is referred to as a semiconductor device which produces incoherent narrow spectrum of light when it is in forward biased condition. LEDs find its application in camera, HDTV, telecommunications, camcorder, TV remote control, and optical fiber communication. The global market for LED Materials is highly influenced by the adoption of advanced technologies like Internet of Things (IoT), artificial intelligence, and automation.

Industry Updates

October 22, 2018: A team of researchers from the University of Houston has recently devised a machine learning algorithm which is efficient to run on a personal computer and also predict the properties of more than 100,000 compounds in search of those most likely to be efficient phosphors for LED lighting.

Competitive Dashboard

The noteworthy players operating the global market are EpiGaN, AkzoNobel N.V., Epistar Corporation, Nichia Corporation, Sumitomo Electric Industries Ltd., MACOM, UBE INDUSTRIES LTD., OSRAM Opto Semiconductors GmbH, Plessey, II-VI Incorporated, Intematix, DOWA Electronics Materials Co. Ltd. (DOWA Materials Co., Ltd), and Cree Inc.

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Drivers and Constraints Impacting the Market

LED Materials consist of phosphor, silicon, and sapphire, and re highly used in the manufacture of LED lights. The global market for LED materials is highly influenced by the adoption of advanced technologies like IoT, artificial intelligence, and automation. With rapid urbanization, the LED Materials Market is estimated to propel. Adoption of LED in HDTV and smartphones is further considered to foster the market growth during the review period. LED Materials are also used in hospitals, cruise ship lights, industrial, and residential lighting. Moreover, favorable government policies such as certification programs and various labeling offer new growth opportunities for the growth of the market.

On the flip side, the short lifespan of LED Materials can retard the market growth globally in the coming years. Moreover, the volatility in the raw materials’ prices leading to lower demand for LED materials along with the high initial cost of LEDs is likely to curtail the market growth across the globe.

Global LED Materials Market: Segmental Analysis

The Global LED Materials Market has been segmented on the basis of Component, Application and Region.

By Mode of Component, the Global LED Materials Market has been segmented into substrates/semiconductors, wafers, phosphor, epitaxy material, and others. Among these, the wafers segment is further sub-segmented into sapphire, silicon, silicon carbide, and others. The silicon segment is anticipated to showcase robust growth rate due to extensive use of wafers in the microelectronic devices.

By Mode of Application, the Global LED Materials Market has been segmented into automotive exterior lighting, healthcare, consumer electronics, general lighting, automotive interior lighting, display and billboards, and others. Among these, the segment for residential lighting is considered to garner USD 9650.6 million by the end of the forecast period owing to the construction of infrastructural projects in residential areas.

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Biocides Market 2018 Segmentation by Product Types and Application with Forecast to 2023

Segmentation

The Global Biocides Market has been segmented based on Product and Application.

By Product, the market has been segmented into halogen compounds, metallic compounds, organosulfur, phenolics, nitrogen, and others.

By Application, the market has been segmented into water treatment, food & beverages, personal care, wood preservation, paints & coatings, HVAC, boilers, oil & gas, fuels, and others.

Regional Analysis

The region-wise analysis of the Global Biocides Market includes regions such as North America, Asia Pacific, Europe, and the Rest of the World. A strong rebound of constructional activities along with inflated demand from the food & beverage industry supports the growth of the North America market for biocides. Asia Pacific market for Biocides is expected to exhibit strong growth due to the expansion of the manufacturing industry in the region. Businesses are shifting manufacturing capabilities to Asia Pacific to capitalize on the low labor cost in the region. Moreover, government initiatives to increase awareness about hygiene has raised the use of biocides in the region.

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Competitive Landscape

The Global Biocides Market is marked by the presence of companies such as Arch Chemicals Inc., Cortec Corporation, Buckman Laboratories International Inc., GE Water and Process Technologies, Anpath Group Incorporated, Ashland Inc., Sigma-Aldrich, Lanxess AG, Champion Technologies, AkzoNobel N.V., BASF, BWA Water Additives, Clariant AG, The Dow Chemical Company, Thor Group Limited, Albemarle Corporation, Akcros Chemicals, Solvary SA, Baker Hughes Incorporated, Troy Corporation, and Lubrizol.

Biocides Market Overview

Growing focus on hygiene, stringent environmental regulations and focus on clean water is foreseen to boost the demand for Biocides in the coming years. Market Research Future (MRFR) forecasts the Global Biocides Market to expand moderately and achieve high growth revenues over the next couple of years. Biocides are chemical substance that are used for a variety of applications and has antimicrobial properties. Industrial preservation applications account for a large chunk of the consumption of biocides. Greater emphasis on improving sanitation in production processes and workplaces coupled with improving economic conditions is a primary driver of the Global Biocides Market. Rebound in constructional activities across the globe, especially in North America and Asia Pacific has supported the growth of the Biocides Market. Biocides are used in wood preservation and paint & coatings in the construction industry. Biocides find relevance in the food & beverage industry too. They are used in food contact materials (FCMs) and active packaging materials to prevent microbial contamination since food spoilage causes significant economic damages at all stages of the food production chain. Biocides find major application in water treatment which is a key factor driving the growth of the market. Biocides are the preferred product for water treatment in spas and swimming pool since they pose minimum threat to human health. Biocides consumption is expected to rise significantly in the backdrop of outbreak of various water-borne diseases which necessitate water treatment. Need for portable water in domestic and industrial applications is also expected to fuel the demand for Biocides. Biocides are also experiencing heightened demand from the energy sector which is complemented by the increase in the use of hydraulic fracturing techniques in the energy sector. Biocides are used as well stimulation fluids in hydraulic fracturing to prevent corrosion and production issues. However, the market growth of biocides might be limited by the harmful effects related to biocides. Moreover, the formulation of stringent norms against the use of Biocides also acts as impediment to the growth of the global biocides market. Concerns about the negative impacts of biocides have directed focus towards development of higher value environmentally less harmful biocides which is expected to provide growth prospects to the Global Biocides Market.

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Release Liners Market 2018 Segmentation by Product Types and Application with Forecast to 2023

Market Research Future (MRFR) experts reveal that the Global Release Liners Market size is bound to expand further at a healthy CAGR during the forecast period (2017-2023) to reach USD 98,663.8 million by 2023. The swift progress of the packaging industry is one of the main factors that has prompted the growth of the Global Release Liners Market. The growing preference of consumers for high-quality and innovative packaging has resulted in a substantial rise in the demand for Release Liners worldwide. Moreover, the massive investment in the food & beverages and pharmaceutical sectors can influence the growth of the global market. Hence, growing demand from the end-user sectors for better labeling has shaped the market size positively.

While the growth prospects of the Global Release Liners are bright, the high cost of release liner products could limit their demand in the future. Nonetheless, the increasing popularity of digital label printing technology along with demand for film-based liners in the healthcare industry would potentially generate several growth opportunities for the market players during the forecast period.

The market shows promise on the back of few trends that are picking up pace globally, which include technological advancements in the field such as pressure-sensitive labeling technology.

Release Liners Market – Segment Analysis

According to the report, the Release Liners Market has been segmented on the basis of Substrate, Labeling Technology, Printing Process, Application and Region.

By Substrate, the market is segmented into paper-based and film-based. The paper-based substrate segment is sub-segmented into supercalendered, glassine and calendered, clay-coated kraft, polycoated kraft, and polyethylene coated. On the other hand, film-based release liners are sub-segmented into polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), and others.

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The film-based substrate held around 60% of the total market share in 2017, garnering revenue valued at USD 45,014.2 million in 2017. The remarkable market share is on account of their beneficial properties such as hygro stability, moisture resistance, and durability, required in packaging. The segment is projected to do well during the forecast period accruing USD 61,487.2 million.

The Types of Labeling Technology in the market are pressure-sensitive, glue-applied, shrink sleeve, stretch sleeve, in-mold, and others. The glue-applied technology segment held the largest market share of around 45% in 2017. It is anticipated to scale at a healthy CAGR of 5.37% during the forecast period.

By Printing Process, the market has been segmented on the basis of digital printing, offset, flexography, gravure, and screen. Among these, the flexography segment held more than 30% of the market share in 2017. It is estimated to be worth USD 34,771.5 million by the end of the forecast period.

The Applications of Release Liners include food & beverage, medical and pharmaceuticals, cosmetics and personal care, automotive, electronics, and construction. The food & beverage segment held the maximum market share of approximately 42%, with a valuation of USD 15,604.6 million in 2017. The segment will maintain its momentum and further accrue value of USD 20,661.5 million at a CAGR of 4.79% during the forecast period.

Release Liners Market – Competitive Analysis

MRFR recognizes the following companies as some of the key players in the Global Release Liners Market: 3M (U.S.), Mondi (U.S.), Alhstorm-Munksjo (Sweden), LINTEC CORPORATION (Japan), Rayven Inc. (U.S.), and Polyplex (U.S.).

Release Liners Market – Regional Outlook

The Global Release Liners Market is spread across five main regions, namely North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Globally, the Asia Pacific region secured the top position in the Global Release Liners Market in 2017 claiming around 37.5% of the value share of the global market. This feat was achieved on account of rapid industrialization in the region, leading to growth in residential and commercial building activities. Moreover, changing lifestyles, and high disposable income will fuel the market growth. Maintaining its position, the Asia Pacific region is projected to reach a value of USD 40,903.4 million by 2023 at a CAGR of 6.39% during the forecast period. Other factors accountable for this growth include the presence of a large number of manufacturers and vendors in the region. Furthermore, the rising construction of new manufacturing units accelerates the growth of the Asia Pacific market.

The North America market came close second securing the second-largest share of 27% of the total market accruing USD 19,940.8 million in 2017. It is estimated to expand further at a CAGR of 3.79% during the review period. The regional market has expanded significantly owing to high production of the end products such as pressure-sensitive labels, tapes, and process liners. Industrial and healthcare sectors make extensive use of these products, hence growth of these industries in the region has also contributed to the release liners market growth. Moreover, presence of strong economies of Canada and the U.S. and rapid industrialization have led to the burgeoning market size in the region. Apart from this, large population paired with rising international trade has increased the demand for release liner products in the region.

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Optical Coatings Market 2018 Sales, Revenue, Gross Margin, Market Share by Top Companies 2023

Optical Coatings Market – Overview

The Optical Coating Market is seeing positive growth trends primarily due to the increased usage of coatings on precision optics. Market reports connected with the chemicals and materials industry have been made accessible by Market Research Future who publishes reports on other sectors that have been published currently along with a report on this industry. The market is anticipated to demonstrate positive progress with the rise in the revenue levels from USD 7,964.8 Mn to around USD 11,700 Mn by the year 2023.

The growing call for refractive optics that can be used to maximize throughput and reduce unwanted reflections is motivating the development of the Optical Coating Market. The broad variety of industries and optical systems, such as optical communications, energy control, and solar coatings are expected to provide leverage for substantial market growth in the forecast period. Increasing industrial demands have created an encouraging expansion scenario for the Optical Coating Market in the upcoming forecast period.

Segmental Analysis

The Optical Coating Market is segmented on the basis of the Coating Method, Type, End-Use Industry, Coating Material and Region. On the basis of Type, the market is segmented into beam-splitter coatings, anti-reflective coatings, electrochromic coatings, transparent conductive coatings, high-reflective coatings, partial reflective coatings, filter coatings, besides others. On the basis of the Coating Method, the market is segmented into vacuum deposition/evaporation deposition, sputter deposition, and others. On the basis of Coating Material, the market is segmented into dielectric materials and metallic materials. On the basis of End-Use Industry, the market is segmented into automotive, aerospace & defense, healthcare, solar, electronics & telecommunication, and others. The Regions covered in the Optical Coating Market is segmented into Europe, North America, Asia Pacific and Rest of the World.

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Detailed Regional Analysis

The regional analysis of the Optical Coatings Market encompasses regions such as Europe, North America, Asia Pacific and Rest of the World. The Asia Pacific region is the most substantial region in the market globally and is anticipated to grow at a maximum CAGR through the forecast period. The region has a high concentration of developing economies such as India, China, South Korea, and Japan. These nations are quickly urbanizing, and as such, there has been a clear change in the consumption and lifestyles patterns. The region has a well-established and rising manufacturing sector due to the reduced total operating costs in the region and the accessibility of educated, and reasonably cheap labor. The penetration of consumer electronic devices and increasing purchases and demand for automobiles are the other significant factors inspiring the development of Optical Coatings. The North American & European regions make up the second and third largest markets correspondingly and also have comparable growth & consumption patterns. The incidence of key market players in these regions and the progress in the technology of Optical Coatings have contributed considerably to fortifying these region’s market positions.

Competitive Analysis

The crucial success factors and players’ predilections are constantly growing by the strategies being used by market contenders. The alteration in the services and products is the principal factor escalating the market’s efficiency and controlling the trends that are acquiring distinction in the market. Furthermore, the expansion of new products and services will add further impetus to the market growth. The improvement in the products and services is the chief factor escalating the market’s productivity and controlling the trends that are acquiring distinction in the market. The critical success factors and players’ predilections are progressively increasing by the strategies being used by market competitors. The progress patterns are revised in tandem to the customer preferences to realize maximum growth, and in the long run, profitability. In addition, the launch of new products and services will add additional impetus to the market progress.

The prominent contenders in the market are Angstrom Engineering Inc., Thorlabs Inc., Abrisa Technologies, Inrad Optics, Carl Zeiss Jena GmbH, Optical Coatings Japan,Edmund Optics Inc., Optiforms Inc., PPG Industries, MKS Instruments, Reynard Corporation, AMETEK, II-VI Incorporation, Optics Balzers AG, DowDuPont Inc.,  and Berliner Glas.

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Non-Phthalate Plasticizer Market 2018 Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2023

According to the latest report by Market Research Future (MRFR), the Global Non-Phthalate Plasticizer Market is predicted to reach USD 3,412.2 million by 2023, at a CAGR of 6.91% during the forecast period (2018-2023). The market size has expanded in the past few years on account of implementation of stringent regulations pertaining to the use of Phthalate Plasticizers, with conventional plasticizers being reported to be carcinogenic in nature. Moreover, growing demand for diverse applications gives way to market growth as they are used for sensitive applications which involve food contact, medical, and toys. The growing demand for polyvinyl chloride (PVC) products in number of industrial, residential, and commercial applications has triggered the growth of Non-Phthalate Plasticizers Market.

On the flip side, the high cost of Non-Phthalate Plasticizers as compared to the traditional plasticizers could potentially undermine the market growth in the coming years. While the presence of restraints cannot be sidelined, nevertheless market prospects for the market look promising. The market is witnessing a dramatic rise on account of growing construction and electronics industry in developing nations coupled with the emergence of bio-based plasticizers. This factor could result in generation of massive revenues for the market during the forecast period.

One of the prominent trends picking up pace in the Global Non Phthalate Plasticizer Market is shifting focus of manufacturers on the development of Non-Phthalate Plasticizers with the capability withstand higher temperature and abrasion resistance.

Global Non-Phthalate Plasticizer Market: Competitive Dashboard

The key players profiled in the report include BASF SE, NAN YA PLASTICS CORPORATION, DIC CORPORATION, Evonik Industries AG, Velsicol Chemical LLC, Valtris Specialty Chemicals, LG Chem Ltd., Eastman Chemical Company, LANXESS, and Grupa Azoty.

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Global Non-Phthalate Plasticizer Market: Segmental Analysis

The report specifies that the global market is segmented on the basis of Type, Application, End-Use Industry and Region.

The types of Non-Phthalate Plasticizers are adipates, benzoates, trimellitates, epoxies, terephthalates, citrates, and others. The adipates segment claims the largest share of the market and likely to reach a size worth USD 1,050.9 million during the forecast period. Whereas, the trimillitate segment is expected to expand at the highest CAGR.

Various applications mentioned in the report are flooring & wall covering, film & sheets, wires & cables, coated fabrics, toys & childcare articles, and adhesives, sealants & caulks, and others. Among all the applications, the flooring & wall covering segment is expected to lead the market growing at a tremendous CAGR of 7.29% during the forecast period. Non-Phthalate Plasticizers offer a wide array of benefits when used in the manufacture of floorings and wall coverings. It also offers improved efficiency and lower fusion temperatures.

The end-users in the market include building & construction, automotive, food & beverage, healthcare, consumer goods, sports & leisure, and others. The building & construction segment is expected to dominate the market owing to the growing demand in carpeting, flooring, vinyl tiles, and composite solutions. The segment accounted for 28.63% share of the market in 2017 and is estimated to reap USD 986.7 million during the forecast period.

Regional Outlook

The Non-Phthalate Plasticizer Market is segmented on the basis of five key regions which are Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

MRFR states that in 2017, Asia-Pacific claimed the largest share of the market and will continue dominating throughout the assessment period. The leverage can be credited to increasing demand from major end-use industries in the region which include construction, food & beverage, and automotive. Moreover, rigid government policies adopted by developing countries such as India, China, and Malaysia will prove beneficial for the market in the coming years. Rapid growth of the construction industry in the region grants leeway to Non-Phthalate Plasticizer Market. 

On the other hand, North America has secured the second position in the global market owing to increasing construction activities, and significant growth in the electronics industry has marked the market growth in the region. In addition, major stakeholders are increasingly investing and focusing on technological innovations in the field buoys the market growth immensely.

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Europe also has made noteworthy strides in the global market as the automotive industry in the region is a major consumer of non-phthalate plasticizers. Moreover, stringent regulations prohibiting the use of traditional Phthalate Plasticizers propel the demand for non-phthalate plasticizer, giving the necessary push to the market growth in the region.

The Middle East & Africa and Latin America markets are projected to witness moderate growth. However, the coming years can positively affect market growth on account of the increasing use of Non-Phthalate Plasticizers in major end-use industries such as adhesives and sealants, sports, medical devices, flooring & covering, and others.

Petroleum Coke Market 2018 Sales, Revenue, Gross Margin, Market Share by Top Companies 2025

As per the latest report published by Market Research Future (MRFR), Global Petroleum Coke Market will record an above-average growth over the next several years. In 2017, the market surpassed a valuation of USD 10,100 Mn, with production volume reaching over 102,600 thousand tons. In recent years, fuel-grade Petcoke has been increasingly used as an alternative to coal. Fuel-grade petcoke has very high heating value (BTUs per pound), which allows its application in various material processing industries. When burned, fuel-grade petcoke produce very little or no ash, a favourable fuel characteristic for many industries including cement manufacturing kilns and power generation plants.

The cement manufacturing industry has been a major consumer of the fuel-grade Petcoke. Global demand for cement remains strong as countries such as China, India, Brazil and Mexico witness rapid urbanization and industrialization which is reflecting favourably on the Global Petroleum Coke (fuel-grade) market. The tremendous economic boom in these countries have led to increased construction activities, which in turn is driving the demand for processed material such as cement, steel, glass and brick. Due to its innate nature it’s a preferred fuel for running furnaces for long durations. However, being a by-product of crude oil, it carries several environmental implications and is not a fuel option which is sustainable in the long run.

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Global Petroleum Coke (Fuel-Grade) Market: Competitive Landscape

MRFR in its report has profiled some of the top-notch market players, which include Indian Oil Corporation Ltd., Royal Dutch Shell PLC, Marathon Petroleum Corporation, Motiva Enterprises LLC., Nayara Energy Ltd., Exxon Mobil Corporation, Phillips 66 Company, Petrobras, Citgo Petroleum Corporation, Valero Energy Corp.

Global Petroleum Coke (Fuel-Grade) Market: Segmental Analysis

MRFR’s report include a comprehensive segmental analysis of the market on the basis of Application and Region.

On the basis of Application, the market has been segmented into cement, power plants, brick and glass, foundries, steel, paper and pulp, and others. Among these, the cement segment currently accounts for largest market share and this trend likely to continue in 2018 and beyond. In 2017, the segment stood at a valuation of USD 10,166.8 Mn, capturing nearly 48 % market share in terms of revenue. During the forecast period, the cement segment is projected to witness the highest CAGR owing to rising cement production and the growing use of petroleum coke as a fuel in cement manufacturing. In addition, more than 49,000 thousand tons of fuel-grade Petcoke were consumed by the cement industry alone. Meanwhile, the power plants segment holds the second spot in terms of Petcoke consumption and market valuation. Nearly USD 3,000 Mn worth Petcoke was consumed by power plants globally in 2017. Petroleum coke is an economical and a safe alternative fuel for power plants. It has also reduced dependency on oil and coal for power generation.

Global Petroleum Coke (Fuel-Grade) Market: Regional Analysis

The market has been covered across North America, South America, Europe Asia Pacific (APAC) and the Middle East & Africa (MEA). In 2017, APAC market commanded the for more than 56% market share. The region’s market size is currently valued at over USD 5,700 Mn. Factors such as rapid urbanization, increasing cement production, and growing energy demand are expected to boost the growth of the Petroleum Coke (fuel-grade) market in the region. India and China are the major importers of fuel-grade Petroleum Coke. India imported 12.49 million tons of fuel-grade Petroleum Coke, while China imported 7.20 million tons in 2017. Meanwhile, the US remains a prime exporter of fuel-grade Petroleum Coke. The US exported close to 35.44 million ton of fuel Grade Petcoke in 2017.

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Metal Roofing Market 2018 Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2023

Market Research Future (MRFR)’s latest analysis reveals that the Global Metal Roofing Market is set to exhibit healthy growth over the next couple of years. The expansion of the construction industry all across the world is anticipated to have a favorable impact on the growth of the metal roofing market. Additionally, the increasing investments in infrastructure projects coupled with rising Global GDP are the major factors responsible for driving the growth of the market. The trend is projected to continue in the forthcoming years.

Building efficient roofing systems is the key area of focus for the manufacturers. Efforts are directed towards the innovation of product portfolio for offering longer lifespan, lower energy consumption, higher durability, safety from fire, etc. Technological innovations in the market have paved the way for the development of eco-friendly and green roofing, which has accelerated the revenue creation for the market participants. In an attempt to develop eco-friendly roofing systems, the manufacturers are using a high percentage of recyclable materials for building metal roofs. This, in turn, is likely to uphold the proliferation of the market over the next couple of years.

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Metal roofing systems are lightweight and facilitate the easy installation of the system. Furthermore, long-term warranty is offered with Metal Roofing systems. These factors are poised to catalyze the expansion of the market in the upcoming years. The high capital cost is projected to hold the proliferation of the market. However, these roofing systems offer good returns on investments, and the cost is also estimated to reduce in the foreseeable future.

Global Market for Metal Roofing Market – Competitive Dashboard:

Some of the key players operating in the Global Metal Roofing Market are Jinhu Color Aluminum Group, Ideal Roofing Co. Ltd, Reed’s Metals, Inc., ATAS International, Inc., Metal Sales Manufacturing Corporation, The OmniMax International, Inc., Firestone Building Products Company, DECRA Roofing Systems, Inc., BlueScope Steel Limited, Carlisle SynTec Systems, and ABC Supply Co. Inc.

Global Market for Metal Roofing Market – Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on Product Type, Metal Type, and Application. By Product Type, the Metal Roofing Market has been segmented into standing seam roofing; metal tiles; shingles, and shakes; corrugated panels; plain panels; and others. By Metal Type, the market is segmented into steel roofing; copper roofing; aluminum roofing; zinc roofing; tin roofing; and others. By Application, the market has been segmented into residential; commercial; and industrial.

Regional Outlook:

The Global Metal Roofing Market, by region, has been segmented into North America, Asia Pacific, Europe, and the Rest of the World. Asia Pacific is expected to witness significant growth over the next couple of years. The growth is attributable to the rapid urbanization and exponential population in the region which has catapulted the construction sector on an upward trajectory. The economic growth of the region is favoring the expansion of the metal roofing market, and the trend is prognosticated to perpetuate in the forthcoming years. The prominent country-level markets of the region include India, China, and Malaysia among others.

North America is a vital growth pocket and is likely to remain a lucrative market in the upcoming years. The rising count of housing projects, especially in the U.S., is complementing the growth of the regional market. Europe is expected to exhibit significant growth which can be ascribed to the high standards of living, accelerated economic activities in the construction sector, etc. Meanwhile, the Rest of the World resonates strong growth opportunities. The substantial growth of the Middle Eastern construction industry is poised to drive the expansion of the Metal Roofing Market in the region.

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Cobalt Market 2018 Overview, Outlook, Segmentation, Applications, Forecast, Analysis 2023

Market Research Future (MRFR’s) latest report reveals that the value of Global Cobalt Market will stand at over USD 9900 Mn by the year 2023 up from USD 6200.4 million in 2017. A substantial rise in demand for cobalt has been noticed in recent years owing to its increased usage in electronic and automotive manufacturing sectors. In terms of volume, the market is expected to reach close to 153.4 KT towards the end of the assessment period (2018-2023). The market is projected to witness a healthy growth over the next couple of years. One of the major factors driving the growth of the market is the rising demand for lithium-ion rechargeable batteries.

Cobalt is a key raw material in lithium ion battery manufacturing. Most of the modern electronic products are based on battery support systems where lithium ion batteries find high preference owing to their superior performance and easy compatibility. At the same time, rising electric vehicle trends are also partly fuelling the demand for lithium ion batteries. The increased emphasis on shifting to vehicles running on clean-energy owing to growing concerns over CO2 emission from use of traditional fossil fuel for power generation is reflecting favourably on the market. Cobalt demand is likely to remain concentrated in battery manufacturing.

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Cobalt is also used in manufacturing several types of metal alloys such as magnetic alloys, superalloys and wear-resistant alloys. Cobalt has high-temperature resistance and a high melting point which makes it an apt material for products that incur frequent heating. Moreover, the tough nature of the material also means that cobalt-based product can endure a certain degree of rough-handling. Cobalt-based superalloys are used in gas turbines, spacecraft, rocket motors, nuclear reactors, power plants, and chemical equipment. However, the high cost of mining and refining of cobalt is likely to have an impact on investor confidence in the Cobalt Industry.

Global Cobalt Market: Competitive Landscape

Some of the top companies currently operating in the Global Cobalt Market include Sumitomo Corporation, Glencore, Vale, Umicore, Votorantim Metals SA, Jinchuan Group International Resources Co. Ltd, Eramet, Huayou Cobalt Co. Ltd., BHP, Freeport Cobalt and Sherritt International Corporation.

Global Cobalt Market: Segmental Analysis

MRFR’s report also comprises an in-depth segmental analysis of the Global Cobalt Market based on Application and Form.

Based on Application, the market is segmented into battery chemicals, super alloys, ceramic and pigments, hard metals, magnets, binder materials, life science, and others. The battery chemicals segment currently accounts for the leading share of the market. This is primarily owing to the extensive use of cobalt in manufacturing rechargeable batteries for portable electronics devices (such as mobile phones, laptops, and tablets and e-mobility vehicles such as electric vehicles, hybrid vehicles, electric trains, and electric bikes). Sales of consumer electronic devices remains on an upward trajectory as digitization trends become more prominent.

On the basis of Form, the market has been segmented into metal, chemical compound, and purchased scrap. Among these, the chemical compound segment is expected to retain the top position over 2023. Cobalt based chemical compounds find widespread usage in manufacturing of rechargeable batteries. They are also used as a colorant for porcelain, glass, pottery, tiles, and enamel wear.

Global Cobalt Market: Regional Analysis

The Cobalt Market has been covered across regions such as North America, Asia Pacific (APAC), Europe, the Middle East & Africa (MEA) and South America. Asia Pacific is a highly active cobalt market, with China topping the list as the most attractive investment destination. While the African nation Congo (Democratic Republic of the Congo) remains the largest producers of cobalt, China takes the lead when it comes to refining and processing of the metal. Moreover, China has also emerged as the major electronic device manufacturing hub, making it an important market for various industrial materials including cobalt.

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