Blow Molding Plastics Market 2018: Company Profiles, Landscape and Demand by Forecast 2023

Market Research Future Published a Half Cooked Research “Global Blow molding plastic Market Research Report– Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

The Dow Company (U.S.), Exxon Mobil Corporation (U.S.), Magna International Inc (Canada)., IAC Group (Luxembourg), Berry Global Inc (U.S.)., Rutland Plastics Ltd (U.K)., Comar LLC (U.S.), Inpress Plastics Ltd (U.K)., The Plastic Forming Company (U.S.) and Agri Industrial Plastics Company (U.S.) among others are some of the prominent players at the forefront of competition in the Global Blow Molding Plastic Market and are profiled in MRFR Analysis.

Blow Molding Plastic Market – Market Overview
Blow Molding Plastic are a lucrative market and is expected to have a steady growth during the forecast years. Blow molding is a process of manufacturing hollow plastic parts. It includes heating of a thermoplastic resin and solidifying the molded plastic by cooling. The basic types of blow molding includes injection molding, extrusion molding, stretch blow molding and reheat and blow molding. The most common blow molded plastics are polyolefins, PVC and PET.  The growing demand from the automotive and building and construction are some of the factors adding to the growth of the market.

The global market of Blow Molding Plastic is segmented on the basis of product type, technology, application and region. On the basis of the product type the market is segmented into HDPE, LDPE PE, PP, PVC, and PET. On the basis of application the market is segmented into food processing, construction, furniture & design, agriculture, automobile and others, whereas on the basis of technology the market is further bifurcated into extrusion, injection, stretch, and others. Extrusion injection molding is the dominant segment in terms of technology and is expected to show the same trend during the forecast years. The low cost of the technology finds its application in manufacturing of bottles and packaging of products. Among the product segment PE is expected to register the highest growth on account of major packaging applications of food and beverages and electrical and electronics among others. On the basis of application, packaging is the dominant segment and is expected to show the same trend during the forecast years. The growing packaging industry in the developing regions throughout the globe is the major factor for the growth of this segment.

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According to the analysis of MRFR, the major market forces and trends driving growth of the Global Blow Molding Plastic Market includes growth of packaging sector and the burgeoning growth in the automobile industry. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the construction activities especially in India and china which in turn is further expected to fuel the growth of the Global Blow Molding Plastic Market during the forecast period.

Blow Molding Plastic Market- Competitive Landscape
The Global Blow Molding Plastic Market is a highly lucrative market driven by flourishing growth in packaging and automobile industry, along with the propelling building and construction industry. The Dow Company (U.S.), Exxon Mobil Corporation (U.S.), Magna International Inc (Canada), IAC Group (Luxembourg), Berry Global Inc (U.S.)., Rutland Plastics Ltd (U.K)., Comar LLC (U.S.) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Blow molding plastic Market is projected to witness considerable competition over the forecast period of 2017-2023.

Asia pacific is expected to be the fastest growing region during the forecast years. The increasing Globalization and urbanization in the developing economies of the region has propelled the construction of residential and commercial infrastructure which is a dominant factor for the demand for blow molding plastics in the region. Moreover, the growing packaging industry in the region owing the growing demand for consumer goods is substantially contributing to the growth of the market. Furthermore, the developing retail sector coupled with the increasing penetration of smart phones has made the availability of consumer goods easier which is turn is positively effecting the market demand for blow molded plastics in the packaging sector.

Industry/ Innovation/ Related News:
14 November, 2017- Comar LLC has acquired Shore Plastic Technologies Inc. with a motive of beefing up its technological and design strength to care to a growing consumer base. Comar LLC has also acquired Pro plas Technologies a company with a specialization in complex injection molding process and mold making. This move is expected to provide Comar LLC with excellent technological forefront in the global market.

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Smart Polymers Market 2018: Research, Share, Competitor Strategy, Trends and Forecast to 2023

Market Research Future published a Half Cooked Research Report on “Global  Smart Polymers Market Research Report – Forecast to 2023”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

BASF SE (Germany), The Lubrizol Corporation (the U.S.), Spintech LLC (the U.S.), Akina, Inc. (the U.S.), SMP Technologies Inc. (Japan), Evonik Industries AG (Germany), Reactive Surfaces Ltd (the U.S.), Merck Group (Germany), NEI Corporation (the U.S.) among others are some of the prominent players at the forefront of competition in the Global Smart Polymers Market and are profiled in MRFR Analysis.

Smart Polymers Market – Overview
Smart Polymers are those able to modify their physical and chemical properties in response to the variation of environmental factors. Smart Polymer systems can be designed to respond to a wide range of parameters, such as changes in pH, ionic strength, temperature, magnetic and electric field. These smart polymers can behave in several ways by altering solubility, shape, color, light transmitting abilities, wettability, conductivity, and surface characteristics. The extend of response of such polymers can be controlled by the intensity of the applied stimuli.

Now a days, the demand for smart polymers is increasing in biotechnology and medicine, electrical & electronics and automotive. Smart polymers have also been useful as drug delivery systems and in the biotechnological field for enzyme immobilization. Despite, coating medical devices with smart polymers may significantly widen their range of applications. Devices able to attract certain cells of the body or devices that should perform as membranes or artificial muscles take advantage of these smart materials. A surface grafted with Smart Polymers has been highlighted for its interfacial and wetting applications. For example, a smart surface with switchable wettability could be potentially used in tissue engineering and antimicrobial coatings. In addition to this, a smart polymer material responsive to light or temperature could also be effectively used as a sensor which may drive the Global Smart Polymer Market. Presently, smart polymers have been mainly emphasized for their potential applications in nanotechnology, nanoscience, and nanomedicine.

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Industry/ Innovation/ Related News:
February 2017 – A variety of stimuli-responsive polymers have been developed by researchers and used as actuators and/or artificial muscles, with the movement being driven by an external stimulus, such as electrical potential. Researchers highlighted actuators constructed from liquid-crystal elastomers, dielectric elastomers, ionic polymers, and conducting polymers. Researchers also discussed recent examples of a variety of actuators generated from these materials and their utility. The mechanism of actuation is detailed for most examples in order to stimulate possible future research, and lead to new applications and advanced applications.

2017– Multi-functional nanoshuttles for remotely targeted and on-demand delivery of therapeutic molecules and imaging to defined tissues and organs hold great potentials in personalized medicine, including precise early diagnosis, efficient prevention and therapy without toxicity. Yet, in spite of 25 years of research, there are still no such shuttles available. To this end, researchers have designed magnetic and gold nanoparticles (NP)-embedded silica nanoshuttles (MGNSs) with nanopores on their surface. Fluorescently labeled Doxorubicin (DOX), a cancer drug, was loaded in the MGNSs as a payload. DOX loaded MGNSs were encapsulated in heat and pH sensitive polymer P(NIPAM-coMAA) to enable controlled release of the payload. Magnetically-guided transport of MGNSs was examined in: (a) a glass capillary tube to simulate their delivery via blood vessels; and (b) porous hydrogels to simulate their transport in composite human tissues, including bone, cartilage, tendon, muscles and blood–brain barrier (BBB). The viscoelastic properties of hydrogels were examined by atomic force microscopy (AFM). Cellular uptake of DOXloaded MGNSs and the subsequent pH and temperature-mediated release were demonstrated in differentiated human neurons derived from induced pluripotent stem cells (iPSCs) as well as epithelial HeLa cells. The presence of embedded iron and gold NPs in silica shells and polymer-coating are supported by SEM and TEM. Fluorescence spectroscopy and microscopy documented DOX loading in the MGNSs. Time-dependent transport of MGNSs guided by an external magnetic field was observed in both glass capillary tubes and in the porous hydrogel. AFM results affirmed that the stiffness of the hydrogels model the rigidity range from soft tissues to bone. pH and temperature-dependent drug release analysis showed stimuli responsive and gradual drug release. Cells’ viability MTT assays showed that MGNSs are non-toxic. The cell death from on-demand DOX release was observed in both neurons and epithelial cells even though the drug release efficiency was higher in neurons. Therefore, scientists have development of smart nanoshuttles have significant translational potential for controlled delivery of theranostics’ payloads and precisely guided transport in specified tissues and organs (for example, bone, cartilage, tendon, bone marrow, heart, lung, liver, kidney, and brain) for highly efficient personalized medicine applications.

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Smart Polymers Market   – Regional Analysis
North America region accounted largest market share in the Global Smart Polymer Market and expected to dominate during the forecast period due to advancement in drug delivery, nanotechnology, nanoscience, and nanomedicine and penetration of end user industry in the region. The unique properties of smart polymer to respond to a wide range of parameters, such as changes in pH, ionic strength, temperature, magnetic and electric field which makes it ideal in biotechnology and medicine, electrical & electronics that drive Smart Polymer Market in North America region. North America market is mainly occupied by the U. S. being largest consumer and manufacturer and exporter of Smart Polymer. Europe is the second largest market for Smart Polymer followed by North America.

Competitive Landscape
The MRFR studies the key developments adopted by the companies between 2011 and 2016. Players in this market adopted various strategies to expand their footprint and augment their market share. The key strategies followed by most companies in the Global Smart Polymer Market were agreements and collaborations, mergers and acquisitions, joint ventures and expansion. Due to high demand of smart polymer in North America region, the manufacturers in North America region are using acquisition strategy of local producers in the other regions to increase their global market share.

Alkyd Resin Market 2018: Trends, Size, Share, Growth and Forecast 2023

Market Research Future published a Half Cooked Research Report on “Global Alkyd Resin Market Research Report – Forecast to 2023”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

BASF SE (Germany), Arkema S.A. (France), Yuen Liang Industrial & Co., Ltd (Taiwan), Synthopol (Germany), Polynt Composites USA Inc. (U.S.), OPC Polymers (U.S.), Nuplex Industries Ltd. (U.S.), Emerald Performance Materials (U.S.), Regent (U.S.), and Brenntag Specialties, Inc. (U.S.) among others are some of the prominent players at the forefront of competition in the Global Alkyd Resin Market and are profiled in MRFR Analysis.

Alkyd Resin Market – Overview
The Global Alkyd Resin Market is expected to grow at moderate annual increment, driven by demand from application industries like printing ink, architectural coatings, furniture coatings, automotive paints, industrial coatings and others. The alkyd resin manufacturers are increasingly shifting towards Asia Pacific region in line with the shift of consumer demands in paints & coating sectors. As a result of this shift, China is the largest contributor and accounted for nearly half of the global production of alkyd resin. Significant refining and cracker capacity of the petrochemical has been added in China to address rapidly growing car fleet sales as well as the diverse needs of a growing Chinese middle class. Overall, the rate of Alkyd Resin capacity addition has been very high in Asia Pacific region while global consumption is expected to slow down, due to economic slowdown of many developing and developed countries. As a result of this, Alkyd Resin operating rates is expected to decline, leading to lower margins and pressure on the higher-cost producers.

Competitive Landscape
The report analyses the degree of competition among the industry players as well as industry growth and market scenario in India and the world. The Global Alkyd Resin Market is at a growing stage, which represents moderate stats in terms of market value and overall volume. Over the past few years, alkyd resin market has witnessed healthy demand from end use industries such as pharmaceuticals textiles automobiles, paints, papers, soaps, detergents. Globally market for Alkyd Resin is fragmented and it is moving towards growth expansion by specifically adopting partnership, expansion and joint-venture strategies and product launch strategies.

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Industry/ Innovation/ Related News:
December 2017 – BASF and SINOPEC planned to expand the production capacity of Neopentylglycol (NPG) at the state-ofthe-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China. The plant was established in 2015 with an annual capacity of 40,000 metric tons. Following the expansion, the annual capacity is expected to doubled to 80,000 metric tons. The expanded capacity is expected to come on stream in 2020. NPG is a unique polyalcohol offering superior performance in many end-use applications such as powder coatings, textiles and construction due to its high chemical and thermal stability. It is mainly used as a building block in polyester resins for coatings, unsaturated polyester and alkyd resins, lubricants and plasticizers.

November 2017 – Royal DSM, a global science company active in health, nutrition and materials, announced to invest euro15 million for the expansion of its Coating Resins plant in Meppen, Germany. The facility is specialized in the production of liquid polyesters and other specialty resins. With this expansion, DSM Coating Resins reinforces its position in the can and coil coatings segment and ensures it remains fit for growth in the BPA-free market.

October 2016 – French specialty chemicals major Arkema planned to invest USD 15 million (approximately Rs 100 crore) for setting up a new polyester powder resin manufacturing facility, the first of its kind in India, on its existing resin platform in Navi Mumbai, Maharashtra. Arkema’s manufacturing site in Navi Mumbai also produces alkyd, acrylic solutions and oil-free polyester resins, as well as reactive polyamide resins. The investment in upgrading the capabilities of its Indian production facility is part of the ongoing commitment of the group to remain a leading and global supplier to the coating industry while at the same time providing customers with all of the benefits of cutting edge technology, locally manufactured with strong technical support.

Alkyd Resin Market India
Indian Alkyd Resin Market is estimated to grow with healthy growth rate of the world market. Globally, India ranks at significant level in consumption of alkyd resin. Regionally, western India has been the dominant region contributing approx. 50% to the Gross Value Added (GVA) for the Alkyd Resin sector.

Several initiatives taken by Government of India will support the growth of chemical industry in India. One of such initiative is ‘Make in India’. This initiative is expected to foster growth in Indian Alkyd Resin market by allowing duty rationalization for skill development, feedstock, improving infrastructure and tax incentives for R&D investments. Approval of the GST bill is another key reform which is expected to lower logistics cost by 10-15% and create a unified market across the country. The launch of Single Window Interface for Facilitating Trade (SWIFT) by government would help importers or exporters to file a common integrated declaration, instead of 9 forms across 6 agencies.

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The R&D investment and facility of Indian companies have been limited traditionally, but the situation is changing slowly with more and more companies looking at R&D as a key source of staying in competitive environment of Alkyd Resin market in India. The investment in R&D for Indian companies is expected to grow above 2% of the total revenue, thereby help to innovate them the product in the market. The industry is also observing increasing tie-ups with academia which will facilitate the technology applied research further.  

Styrene-Butadiene Rubber Market 2018: Company Profiles, Landscape and Demand by Forecast 2027

Styrene Butadiene Rubber Market – Market Overview
The Global Footwear Market is growing at a considerable CAGR and projected to retain the dominance in the market due to increasing standard of living and growing urban population around the world. In addition to this, increasing disposable income incentivizing people around the world to add value into their house, such as furnishing the house with an upholstery, which may fuel the demand for Styrene Butadiene Rubber in building & construction industry. The most important application of the product is found in ever increasing tire manufacturing. Around 65% of the overall rubber produced around the world is consumed by tire manufacturing industry. This is expected to propel growth of the market in near future.

However, the major bottleneck in the growth trajectory of the Global Styrene Butadiene Rubber Market includes, the fluctuating crude oil prices. Additionally, the developed economies in Europe and North America have put in place stringent regulations limiting the use of toxic synthetic materials.

Regionally, Asia Pacific was the most impactful market across the globe, which has acquired highest global shares. This is attributed to the growth of footwear, automotive and construction industry. India, Japan and China are the leading markets in this region on account of an increasing investment in major end uses of Styrene Butadiene Rubber.

Styrene Butadiene Rubber Market- Competitive Landscape
The Global Styrene Butadiene Rubber Market is highly mature market which epresented huge growth over the last decade and it has expected to show the similar trend in the coming years. The market consist of significant numbers of tier 1 and tier 2 companies along with significant presence of smaller manufacturers. Among them the leading market players operating across the globe are DowDuPont, Lanxess AG, Synthos S.A., Versalis S.p.A, Kumho Petrochemical Co. Ltd., Trinseo S.A. The key trend observed in the global market by industry experts is expansion of production facility and launch of innovative bio-based products.

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Hydrogel Market 2018: Key Players, Development and Opportunities by Forecast to 2023

Hydrogel Market – Overview
Hydrogel is a hydrophilic network of polymer chains which are often found as colloidal gel. Hydrogel possess enhanced absorbent properties and can contain around 90% of water. The growing demand for hydrogel in baby care and personal hygiene products coupled with the growing use of contact lenses are the major factor driving the market. The advantages of hydrogel such as water retention efficiency, ease of use and time efficiency during wound closure and other medical procedures is also contributing to the market growth.

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The Global Hydrogel Market is segmented on the basis of type, composition, form, application and regions.  On the basis of type the market is bifurcated into natural, synthetic and hybrid hydrogels. On the basis of composition the market is bifurcated into polyacrylate, polyacrylamide, and silicon hydrogel. On the basis of form the market is categorized into amorphous, crystalline and semi crystalline hydrogels, and on the basis of application the market is further differentiated into agriculture, healthcare and hygiene, contact lenses, drug delivery systems, tissue engineering, and others.

According to MRFR analysis, the global market of Hydrogel is a lucrative market and is expected to witness a considerable growth and develop at an encouraging CAGR during the forecast years. The growing demand of hydrogel from the personal care and agricultural industry is the major factor driving the global market.  Hydrogel is highly demanded from the agricultural industry owing to its ability to promote robust growth in plants, improve soil permeability and reduce soil erosion among others. Moreover, the growing health awareness among the population throughout the globe coupled with the increasing demand for baby diapers, sanitary pads and contact lenses is also expected to add to the growth of the market. In addition to this, the growing application in wound care dressings, and treatment of necrotic wounds and burns are other factors surging the market growth.

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Competitive Landscape
The Global Hydrogel is a lucrative market and is expected show an increasing CAGR during the forecast period. Johnson & Johnson Private Limited (U.S.A), Cardinal Health (U.S.A), The Cooper Companies, Inc. (U.S.A), Dow Corning Corporation (U.S.A), R&D Medical Products Inc (U.S.A) are some of the major players operating in the market. These players are adopting various key strategies of market growth. These key players are adopting innovation, product launch, merger and acquisition, collaboration, increased investment in research and development activities and other market survival techniques to cater to the large consumer base and strengthen their position in the market. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.

North America is expected to be a dominant region in the market of hydrogel. The growing demand of hydrogel in agriculture, medicine, biotechnology, tissue engineering among others is driving the market growth. Moreover, the growing adoption of the product coupled with the increasing demand for contact lenses mainly in U.S. and Canada are other factors positively effecting the growth of the market.

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Long Fiber Thermoplastics Market 2018 –Challenges, Key Vendors, Drivers and Trends by Forecast 2023

Long Fiber Thermoplastics Market – Market Overview
The Global Long Fiber Thermoplastics Market is growing with the spontaneous speed; mainly due to the expanding transportation industries. According to a recent study report published by the Market Research Future, the global market of Long Fiber Thermoplastics is booming and expected to gain strong influence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

Globally, the market for Long Fiber Thermoplastics is driven by the region Asia Pacific, owing to growing consumption of superior thermoplastics in automotive, aerospace, electronics, construction materials, sports equipment, and others. These materials are used to impart excellent chemical resistance, durable nature, cost-effective nature, and high impact strength to the final product. Additionally, increasing consumption of the lightweight materials in the production of hybrid vehicles, and others has led to a surge in demand for Long Fiber Thermoplastics in the market.
Increasing demand for advanced thermoplastics in applications such as automobile interior, automobile seat repair, medical devices, and others signifies the growth of end-use industries. Moreover, growing consumption of product due to unique features offered by the product such as creep resistance, mechanical strength, thermal stability, and others provide a momentum to the long fiber thermoplastics market growth.

On the other hand, extensive use of advanced materials in major industries is projected to propel the market growth during the forecast period.

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Long Fiber Thermoplastics are used in various end-use industries such as automotive, textiles, transportation, and others. They are utilized to add extraordinary features such as economic design, enhanced efficiency, and others to the final product. The growing demand of these materials has prompted the manufacturers and investors to shift their focus from heavy metals to light materials in end-use applications. Additionally, the improving technological advancement and innovations of the product in the leading companies have resulted into a remarkable growth in the market during the forecast period.

Long Fiber Thermoplastics Market   - Regional Analysis
Geographically, Asia Pacific is leading the Global Long Fiber Thermoplastics Market. China holds the major portion due to extensive use of advanced materials and increasing replacement of heavy substances by lightweight products in the region. Increasing consumption of thermoplastics in numerous applications such as fuel efficient vehicles, aircrafts, personal care products, and others has boosted the market demand in Japan, and India. North America has witnessed a significant growth in the market owing to rapid consumption of reinforced thermoplastics in end-use industries. A notable growth has been received by the European region due to implementation of strict rules and regulations to adopt recyclable materials instead of heavy substances in major sectors. Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to extensive consumption of low density, thermal resistant materials in the major industries.

Long Fiber Thermoplastics Market- Competitive Landscape
The Long Fiber Thermoplastics Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Long Fiber Thermoplastics Market is set to grow at a higher CAGR which is likely to attract many entrants to the market resulting into healthy competition in the future. Manufacturers operating in the Long Fiber Thermoplastics Market are struggling to respond to an increase in demand for the product from automotive, textiles, transportation, and other sectors attributed to technological advancement and increasing production capacity in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.

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Petroleum Resins Market 2018 – Challenges, Key Vendors, Drivers and Trends by Forecast 2023

Market Research Future Published a Half Cooked Research “Global Petroleum resins Market Research Report- Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), Total CrayValley (U.S.), Kolon Industries (South Korea), Shandong Landun Petroleum Resin Co., Ltd. (China), Puyang Tiacheng Chemical Co., Ltd. (China), Mitsui Chemicals Inc. (Japan). and Shanghai Jinsen Hydrocarbon Resins Co., Limited (China). among others are some of the prominent players at the forefront of competition in the Global Petroleum Resins Market and are profiled in MRFR Analysis.

Petroleum Resins Market – Market Overview
Petroleum Resins are a lucrative market and is expected to have a steady growth during the forecast years. Petroleum Resins or hydrocarbon resin are synthetic resins are by products of petroleum cracking, which are manufactured from polymerization and other chemical processes. These resins are formed from a wide range of feedstock such as aromatic (C9), dicyclopentadiene, aliphatic (C5), and from the mixture of these. The high thermal stability and low odor properties has surged the demand for petroleum resins in hot melt adhesives. Moreover, Petroleum Resin are also used in paints and coatings, adhesives and sealants, inks, plastic and rubber compounding industries and others. Furthermore, the various advantages of petroleum resin such as peel strength, heat resistance, high softening point has paved the way for these resin in many end user industries which is the major factor driving the growth of the market during the forecast years. However, the price volatility of the raw materials coupled with increasing demand for substitutes due to its low VOC content are the major down side to the growth of the market.

According to the analysis of MRFR, the major market forces and trends driving growth of the Global Petroleum Resins Market includes growth of construction sector and the burgeoning growth in the automobile industry. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the construction activities especially in India and china which in turn is further expected to fuel the growth of the global petroleum resins market owing to its extensive use in paints and coatings. In addition to this, high performance, quick dryness and brightness of petroleum resin has augmented its use in the road marking paints is expected to add to the market growth.

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Petroleum Resins Market- Competitive Landscape
The Global Petroleum Resins Market is a highly lucrative market driven by flourishing growth in construction and petrochemical industry, along with the propelling automobile industry. Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), Total CrayValley (U.S.), Kolon Industries (South Korea), and  Shandong Landun Petroleum Resin Co., Ltd among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Petroleum resins Market is projected to witness considerable competition over the forecast period of 2017-2023.

Asia pacific is expected to be the fastest growing region during the forecast years. The increasing Globalization and urbanization in the developing economies of the region has propelled the construction of residential and commercial infrastructure which is a dominant factor for the demand for paint and coatings in the region. Moreover, increasing population in India and China has brought about more government spending in infrastructural developments coupled with the growing automobile industry in the region is also expected to drive the market of petroleum resins positively during the forecast years. Furthermore, the presence of manufacturing base of rubber compounding, tapes, and adhesives among others is also substantially adding to the market growth.

Industry/ Innovation/ Related News:
13 February, 2017- CPC Corporation, Taiwan’s leading petroleum company has planned a new wave of investment over the period of 6 years to enhance its energy portfolio. The company is planning to invest US$ 6.85 billion. This increased investment is expected to increase the production of petroleum resin in the Asia Pacific region.

16 March, 2017- South Korean Hanwha Chemical has planned in expansion of its hydrogenated petroleum resin business by 2019. They have started their plant expansion process with an investment of 130 billion. This expansion will help Hanwha chemicals to strengthen their market in the lucrative Asia Pacific region.

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Fire Protection Coatings Market 2018: Key Players, Development and Opportunities by Forecast to 2023

Fire Protection Coatings Market – Overview
Apart from the rapid spread of fire flames across the surface and control the period of excessive heat the Fire Protection Coatings needs to be protected against mechanical, physical and chemical attack is the reason why we coat the Fire Protection Coatings on oil & gas, buildings and construction, automotive, aerospace, electrical & electronics and marine substrate. There are verity of demands on fire protection coatings. The demand for materials for exterior application are different to those for products for interior applications. To fulfil this demand, several types of fillers and flame additives are available. Furthermore, the application technology used depends on both the binder and the market. Improvement in sustainability, reduction of harmful substances and reduction of volatile organic compounds (VOC) are some of the general trends as per the requirement and regulations in Global Fire Protection Coating Market. The relative importance of the various trends in anti-corrosive market depends on the governmental regulations in regions and on consumer need.
The growth in the Fire Protection Coating Industry is primarily be driven by a boom in buildings and construction industry in the world and growing automotive industry in the Asia Pacific region. In addition to this, increasing spending capacity of people in turn is expected to benefits the major applications in which Fire Protection Coatings.

Industry/ Innovation/ Related News:
June 2017 – Global Coatings Company Hempel planned to invest in a new research and development centre focused solely on passive fire protection coatings. Located just outside Barcelona in Spain, the centre is expected to open towards the end of 2018. The investment demonstrates Hempel's commitment to further developing its range of life-saving fire protection coatings as well as expanding its unique global R&D network.

April 2017 – AkzoNobel signed a new marketing and distribution agreement with Benarx Solutions AS, a Norwegian-based manufacturer of advanced insulation materials for the global oil and gas industry.

May 2015 – AkzoNobel launched a new Chartek® passive fire protection product aimed at the offshore oil and gas industry. Chartek 8E provides a significant reduction in applied weight, addressing a key customer need.

2014 – Jotun, operating in the global coatings market, announced the launch of Steelmaster 1,200 WF, a highly efficient intumescent coating providing up to 180 minutes protection against cellulosic fire for infrastructure buildings.

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Fire Protection Coatings Market   - Regional Analysis
Asia Pacific region accounted largest market share in the Global Fire Protection Coatings Market and expected to dominate during the forecast period due to rising population, automotive and growing electronics industry in the region. China being largest consumer, manufacturer and exporter of fire protection coatings. Chinese manufacturers are mostly small manufacturers and some of the prominent manufacturers. India is the second largest consumer in Asia Pacific region. Several initiatives taken by Government of India will support the growth of coating industry in India. One of such initiative is 'Make in India'. This initiative is expected to foster growth in Indian Fire Protection Coating Market by allowing duty rationalization for skill development, feedstock, improving infrastructure and tax incentives for R&D investments. Approval of the GST bill is another key reform which is expected to lower logistics cost by 10-15% and create a unified market across the country. The launch of Single Window Interface for Facilitating Trade (SWIFT) by government would help importers or exporters to file a common integrated declaration, instead of 9 forms across 6 agencies. In addition to this, North America & Europe have witnessed healthy growth in Fire Protection coatings market owing to a growing non-residential repair, renovation and new construction activities in the region.

Competitive Landscape
The report analyses the degree of competition among the industry players as well as industry growth and market scenario. The Global Fire Protection Coatings Market is at a growing stage, which represents moderate stats in terms of market value and overall volume. Over the past few years, Fire Protection coatings market has witnessed healthy demand due to increasing spending capacity of people which has stoked sales of furniture. Nevertheless, the degree of competition among the market players is still less owing to limited major market players across the globe. Globally market for Fire Protection Coatings is fragmented and it is moving towards growth expansion by specifically adopting partnership, expansion and joint-venture strategies and product launch strategies.

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Glass Coating Market 2018: Company Profiles, Segments, Landscape and Demand by Forecast 2023

Glass Coating Market – Market Overview
The Global Glass Coating Market is growing with the impulsive pace; mainly due to the expanding automotive & aviation industries. According to a recent study report published by the Market Research Future, the global market of Glass Coating is prospering and expected to gain prominence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

Globally, the market for Glass Coating is driven by the region Asia Pacific, owing to growing consumption of hard coatings in construction, paints & coatings, automotive and transport, marine, aviation, aerospace, and others. These materials are used to impart unique cleansing properties such as repellence from dirt, snow, durable nature, aesthetic appearance, and glossy finish to the final product. Additionally, increasing consumption of coatings in the production of smart phones, tablets, computers, laptops, and others has led to a surge in demand for Glass Coating in the market.
Increasing demand for Pyrolytic Coatings in applications such as energy insulator on window glasses, anti-friction agent in moulding applications, and others signifies the growth of end-use industries.
Moreover, growing consumption of product due to unique features offered by the product such as UV resistance, extended life, sustainability, and others provide an impetus to the glass coating market growth.

On the other hand, extensive use of advanced coatings such as nano and liquid glass coatings in major industries is projected to propel the market growth during the forecast period.

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Glass Coating are used in various end-use industries such as construction, paints & coatings, automotive and transport, and others. They are utilized due to rapid production of mobile gadgets and their accessories in developed and emerging economies. The growing demand of these materials has prompted the manufacturers and investors to shift their focus to Glass Coatings in end-use applications due to their enhanced energy storage, optical effect, and others. Additionally, the improving technological advancement and innovations of the product in the leading companies have resulted into a remarkable growth in the market during the forecast period.

Glass Coating Market   – Regional Analysis
Geographically, Asia Pacific is leading the Global Glass Coating Market. China holds the major portion due to extensive use of superior coatings owing to rapid urbanization and industrialization in the region. Increasing consumption of the product in numerous applications such as construction, paints & coatings, automotive and transport, and others has boosted the market demand in Japan, and India. North America has witnessed a significant growth in the market owing to rapid consumption of Glass Coatings in end-use industries. A notable growth has been received by the European region due to implementation of strict rules and regulations to adopt energy saving materials instead of volatile organic compound emissions in major sectors. Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to extensive consumption of long-life, thermal resistant materials in the major industries.

Glass Coating Market- Competitive Landscape
The Glass Coating Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Glass Coating Market is set to grow at a significant rate which is likely to attract many newcomers to the market resulting into healthy competition in the future. Manufacturers operating in the glass coating market are struggling to respond to an increase in demand for the product from as construction, paints & coatings, automotive and transport, and other sectors attributed to technological advancement and growing demand for the product in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.

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Industry/ Innovation/ Related News:
October 4, 2017 – Axalta Coating Systems (U.S.), one of the leading manufacturers of glass coating, declared that the company has launched a transparent, water-based coating that offer an invisible membrane to glass surfaces and provide high safety from exposure to the environment. This technology was developed by Glass Coatings Division of Spencer Coatings Group and later bought by Axalta Coating Systems in the end of June 2017. One of the sources of the company also announced that the product has completed several trials with the pharmaceutical companies to test its safety, features, and others. Therefore, these factors are expected to drive the market over the assessment period.

Medical Adhesives Market 2018: Key Players, Development and Opportunities by Forecast to 2023

Medical Adhesives Market – Market Overview
Medical Adhesives are a lucrative market and is expected to have a steady growth during the forecast years. Adhesives are type of glue or paste that are used to stick different variety of substrates together. Medical adhesives are substances that are used in the medical industry to affix Medical Devices such as tape, dressing to the skin, fabricate the components of medical devices and to seal wounds. Medical adhesives are extensively used in surgical care as an efficient substitute to staples and suture. It is also used for bone reconstruction, and enamel during orthopedic and dental surgery. Properties such as time efficiency, ease of use, and non-invasiveness makes it ideal for the use of Medical Adhesives across various medical applications. The growing ageing population coupled with the increase in research and development activities for the production of improved Medical Adhesives are major factor driving the growth of the market. However, strict regulations relating to the use of synthetic grade adhesives can be a major restraining factor for the growth of the market. The global market of medical adhesives is segmented on the basis of resin type, technology, application and region. On the basis of resin type Acrylic Adhesives are primarily used in application that requires high strength, and impact and shock resistance. On the basis of application, the use of these adhesives in the manufacture of medical devices is set to expand during the forecast period.  In the device and equipment application segment these adhesives are used in disposable, non-disposable devices, and other surgical tools.

According to the analysis of MRFR, the major market forces and trends driving growth of the global Medical adhesives Market includes growing innovation and development in the medical sector along with the increasing demand for the surgical sector. Moreover, the growing application in the internal and external medical device application is also expected to contribute substantially to the growth of the market during the forecast years.

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Medical Adhesives Market- Competitive Landscape
The Global Medical Adhesives Market is a highly lucrative market and is expected to expand at an encouraging CAGR during the forecast years. Johnson and Johnson, B. Braun Melsungen AG, 3M Company, and CryoLife, Inc. among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the Global Medical Adhesives Market is projected to witness considerable competition over the forecast period of 2017-2023.

North America is anticipated to be a dominant region in the forecast years, and Asia Pacific market is expected to be the fastest growing market during the forecast years. The developed medical sector in U.S. and Canada coupled with the growing adoption rate of medical adhesives are the major factors driving the growth of the medical adhesives market in North America. Moreover, the growing international trade from the region along with the encouraging medical device regulatory system is also adding to the growth of the market.  The Asia Pacific market of Medical Adhesives is mainly driven by Japan, china and India. The growing population and the developing medical sector has augmented the demand for Medical Adhesives in the region. In addition to this, the growing research and development activities mainly in Japan is also adding to the market growth.

Industry/ Innovation/ Related News:
31 October, 2017- Avantor is expected to exhibit its advanced brand NUSIL in liquid silicone rubber technology and provide information on medical grade silicone adhesives, in COMPAMED, U.S. This technology is expected to increase its demand in the drug delivery applications.

11 January, 2018- Delphon industries a manufacturer of adhesives products has received an equity investment from PWP growth equity. This investment is set to accelerate in manufacturing operations and help in their research and development activities.

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Petrochemical Market 2018 – Challenges, Key Vendors, Drivers and Trends by Forecast 2023

Petrochemical Market – Overview
Market Research Future concludes that over the past few years, the Petrochemical Market of the world has witnessed a healthy growth and as per the analysis, the growth will remain continue in near future. The growth of the market is attributed towards the growing demand for petrochemicals. Presently, plastics is seen as the building blocks for the infrastructure of a country. One of the main drivers for the Petrochemical Market is the tremendous demand the developing economies have for petrochemicals, mainly ethylene and propylene for production of plastics. The regulatory policies by Asian governments that are aimed at motivating chemicals manufacturing will also play a vital role to attract investments from the companies from North America and Europe region. Primarily produced chemicals from Petrochemical such as ethylene, styrene, and butadiene have registered considerable amount of usage in rubber, plastics, and solvents production and hence expected to give additional drive the Petrochemical Market. Overall, Asia Pacific Petrochemical demand is likely to witness significant growth over the forecast period. Over the past few years, the region has emerged as the largest exporting hub of petroleum products and this trend is expected to remain continue over near future. Huge development of the transport and electrical sectors in the region on account of increasing trade activities along with use of technological advancement by consumers is expected to drive demand of Petrochemical Market in the region.

In North America, the boom in exploiting shale gas from the reservoirs have caused production low cost ethane gas, hence lowering the production cost of ethylene to 60% on comparing with Petrochemical as a feedstock is one of the factor that may restrain the global Petrochemical market.

Competitive Landscape
The MRFR studies the key developments adopted by the companies between 2011 and 2016. Players in this market adopted various strategies to expand their footprint and augment their market share. The key strategies followed by most companies in the Global Petrochemical Market were agreements and collaborations, mergers and acquisitions, joint ventures and expansion. Due to growing demand of Petrochemical in Asia Pacific region, the manufacturers in European region are using acquisition strategy in the Asia Pacific and global market.

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Industry/ Innovation/ Related News:
October 2017 – JG Summit Petrochemicals Group, a wholly owned subsidiary of JG Summit Holdings Inc., has done agreement with Fluor Corp. to provide engineering, procurement, and construction management for the utilities, off sites, and infrastructure for an expansion of JGSPG’s petrochemical complex in Philippines. With this agreement, Fluor will also provide program management services for the expansion project, which will increase JG Summit Petrochemicals Group Petrochemical production and cracking. Specifically, ethylene production by 160,000 tons/year and propylene production by 50,000 tons/year.

November 2016 – Lotte Chemical planned the capacity expansion at Yeosu Petrochemical center. The expansion decision by Lotte Chemical came boost competitiveness amid growing competition from China in Asia Pacific region.

January 2016 – Petrobras has agreed a new five-year Petrochemical supply contract with petrochemical producer Braskem. With this agreement, Braskem will pay Petrobras 102.1% of the Amsterdam-Rotterdam-Antwerp benchmark price for 7 million tons per year of Petrochemical. Braskem depends on Petrochemical from Petrobras to feed its petrochemical plants and agreement would further help the company to strengthen its share in Latin America region.

April 2015 – A joint agreement between NuStar and PMI has been expanded and extended in relation to the transportation and storage of Petrochemical. This strategy would help the NuStar to increase the market share in the region.

November 2015 – Indian Oil Corp planned to expand capacity at its Petrochemical cracker in Panipat to 1.2 million tons per year by 2019 end. The expansion would increase the capacity of the cracker in northern India from about 850,000 tons per year.

Petrochemical Market   - Regional Analysis
Geographically, Asia Pacific region accounted largest market share in the global petrochemical market and expected to dominate during the forecast period due growing petrochemical processing industry in the region. China being largest consumer and importer of Petrochemical in Asia Pacific region. India accounted second largest market share by value and volume in the region, and expected to grow with high annual growth rate due to favorable regulatory policies in the country and abundant availability of Petrochemical in Middle East. In addition to this, North America & Europe have witnessed healthy growth in Petrochemical market owing to growing demand of end user industries in the region.

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Flouropolymer Coating Market 2018–Share, Growth, Key Players, Trends and Forecasts 2023

Fluoropolymer Coating Market – Overview
Fluoropolymer Coating are predominantly utilized in various end use industries such as construction, oil & gas, automotive, food processing, cookware, aerospace, and others. Fluoropolymer Coating Market is estimated to witness robust growth on account of rising demand from construction sector and continuous growth of automotive as well as oil & gas industry across the globe.  Furthermore, oil & gas is estimated to remain the largest consumer of Fluoropolymer Coating in 2016 and is predicted to retain its dominance over the assessment period due to their highly non-reactive nature, which provide resistance to the reactions with solvent and bases. Moreover, increasing crude oil production across the globe to meet the energy demand for growing population is estimated to fuel the market growth. In addition, automotive end use segment is estimated to grow with the highest CAGR on account of increasing per capita disposable along with rising demand for passenger vehicle in developed and developing nation.

Geographically, The Asia Pacific Fluoropolymer Coating Market is predicted to witness significant growth with a healthy CAGR over the estimated years due to increasing demand from automotive and construction sector. Furthermore, the demand for Fluoropolymer Coating is expected to surge in various countries of Asia Pacific such as China, India, and South Korea due to rising construction activities along with high adoption rate from various end use industries. Furthermore, huge investment by major market players in their innovation and research & development activities and shifting of Fluoropolymer Coating manufacturing unit as well as tremendous growing base of numerous end use industries in this region is predicted to propel the Fluoropolymer Coating regional market growth. North American market is expected to witness rapid growth due to rising demand for fuel efficient vehicles. North American market is further segmented into U.S. and Canada, among them U.S. accounted for the major contributor in the regional market growth on account of strong growth of food processing and oil & gas sector. European market is estimated to witness steady growth owing to growing awareness regarding the benefits associated with the product as well as growing utilization in automobile and aerospace industries. Moreover, emerging economies of Latin America and the Middle East & Africa such as Turkey, the United Arab Emirates, Iran, Israel, Brazil, and Mexico are predicted to witness moderate growth on account of increasing disposable income combined with strong consumer base for automotive sector.

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Industry/ Innovation/ Related News:
January 2017- Arkema group, one of the leading supplier of coatings is persistently promoting the cooperative synergies between Arkema’s fluoropolymer and polyamide product offerings, the technical polymers business is announced to launch new Kynar PVDF powder coatings. With this product launch the company enhance its product portfolio and to position itself as true solution providers for the industry.

July 2016- Precision Coating Co., Inc. announced to establish a new plant operations in Costa Rica. The new plant has an area of around 1300 square metre and estimated to start its operation by the end of July 2016. This plant is involved in the manufacturing of Fluoropolymer Coating solutions and their derivatives for a broad range of medical applications and processes.

January 2016- Precision Coating Co., Inc. declared to acquire Boyd Coatings Research Co., Inc., a leading supplier of coating application services in Hudson, MA. This acquisition helps to create a Fluoropolymer Coatings application powerhouse providing global medical device manufacturing capabilities.

Competitive Landscape
The Fluoropolymer Coating Report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The Global Fluoropolymer Coating Market comprises of various manufacturers operating in the market which comprised of large scale and medium scale producers. Some of the prominent market players operating in the global Fluoropolymer Coating industry has shifted their focus towards growth association specifically by Asia Pacific as moderate level and small scale manufacturers are from this region specifically from China, Singapore, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, Australia, and Japan. Apart from this, the key manufacturers are focusing on improving their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Many operating players are escalating their manufacturing capacity of Fluoropolymer Coating to meet the growing demand for Fluoropolymer Coating. Apart from this, many key players has launched a series of product to solidify their position in the market.

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Flock Adhesives Market 2018: Analysis, Size, Share, Growth and Trends by Forecast to 2023

Flock Adhesives Market – Overview
The Global Flock Adhesives Market is growing with the impulsive pace; mainly due to the expanding automotive and textile industries. According to a recent study report published by the Market Research Future, the global market of Flock Adhesives is prospering and expected to gain strong influence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

Globally, the market for Flock Adhesives is driven by the region Asia Pacific, owing to growing consumption of foil adhesives in automotive, textiles, paper & packaging, electrical & electronics, and others. These materials are used to impart excellent aesthetic appearance, durable nature, chemical along with abrasion resistance to the final product. Additionally, increasing consumption of the product on glass, fibers, and others has led to a surge in demand for flock adhesives in the market.
Increasing demand for adhesives in applications such as toys, automobile seat repair, medical devices, and others signifies the growth of end-use industries. Moreover, growing consumption of product due to unique features offered by the product such as aesthetic appearance, fibered grip, protection against scratches, and cracks provide a momentum to the flock adhesives market growth.
On the other hand, extensive use of flock materials in major industries is projected to propel the market growth during the forecast period.

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Flock Adhesives are used in various end-use industries such as automotive, textiles, paper & packaging, and others. They are utilized to add extraordinary features such as superior performance, enhanced mechanical properties, and others to the final product. The growing demand of these materials has prompted the manufacturers and investors to shift their focus from ordinary materials to advanced adhesives in end-use applications. Additionally, the improving technological advancement and innovations of the product in the leading companies have resulted into a remarkable growth in the market during the forecast period.

Flock Adhesives Market   - Regional Analysis
Geographically, Asia Pacific is leading the Global Flock Adhesives Market. China holds the major portion due to extensive use of advanced adhesives and increasing replacement of heavy substances by lightweight products in the region. Increasing consumption of foil adhesives in numerous applications such as gifts, greeting cards, sponge, toys, fabric, woven, and others has boosted the market demand in Japan, and India. North America has witnessed a significant growth in the market owing to rapid consumption of advanced adhesives in end-use industries. A notable growth has been received by the European region due to implementation of strict rules and regulations to adopt bio-compatible and superior materials in major sectors. Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to extensive consumption of low density, water-proof materials in the major industries.

Flock Adhesives Market- Competitive Landscape
The Flock Adhesives Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Flock adhesives market is set to grow at a higher CAGR which is likely to attract many entrants to the market resulting into healthy competition in the future. Manufacturers operating in the flock adhesives market are struggling to respond to an increase in demand for the product from automotive, textiles, paper & packaging, and other sectors attributed to technological advancement and increasing production capacity in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.

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Industry/ Innovation/ Related News:
November 11, 2016 – FLEXcon Company, Inc (the Netherlands), one of the leading manufacturers of flock adhesives, declared that the company has come into an agreement with FiberLok to develop a Lextra Pressure Adhesive dimensional graphics for reliable, prime label, and point of purchase(POP) applications. This product has been manufactured due to its ability to produce flock transfers. One of the sources of the company also announced that the product has created a surge in demand for end-use applications such as brand identity labels on durable goods, instructional labels for auto interiors, and others. Therefore, these factors are expected to drive the market over the assessment period.

Acrylic Acid Market 2018: Research, Share, Competitor Strategy, Trends and Forecast to 2022

Market Research Future Published a Cooked Research “Global Acrylic Acid Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022.

BASF SE Dow Chemical Company, Arkema, NIPPON SHOKUBAI CO., LTD., LG chemicals. Shenyang Chemical Co Ltd., and Mitsubishi Chemical are some of the prominent players at the forefront of competition in the Global Acrylic Acid Market and are profiled in MRFR Analysis.

Acrylic Acid Market – Market Overview
Acrylic Acid, a specialty petrochemical which is produced from propylene, a by-product of ethylene and gasoline production. Growing demand of acrylic acid in personal care industry is expected to drive the market growth. Acrylic Acid possesses different properties such as low temperature and good weather ability which enables its usage in numerous applications like surface coatings, sealants & adhesive, agriculture, plastic sheets and diapers among others. Globally, the market for Acrylic Acid is growing at a CAGR of 5.14% during forecasted period.

On basis of type segment, superabsorbent polymers hold the market share of 19% in 2015.  Superabsorbent polymer is mainly acrylic acid based polymer which are capable of absorbing more than 10 times of their own weight. The use of superabsorbent polymers revolutionized the diaper industry. Diaper market accounted for the largest market share registering CAGR of 5.85% during the forecasted period. Thus, rising demand of diapers, adult incontinence products and feminine hygiene products in personal care industry is likely to propel the Acrylic Acid Market. Additionally, superabsorbent polymers are widely used in agriculture sector as well specifically in irrigation. Rising government investments in agriculture activity especially in emerging economies is anticipated to drive the acrylic acid market growth. Acrylic acid when reacted with alcohols gives commodity acrylates. Thus, increasing consumption of commodity acrylates in paints and coatings industry is also expected to boost the market demand.  Moreover, acrylic acid is widely used in construction industry such as in the form of protective coatings and weathering resistance.

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Asia Pacific is the largest and the fastest growing industry for acrylic acid. Countries like China, India, Thailand and Indonesia are expected to grow at rapid pace due to increased spending on R&D facility along with economic development. Robust industry growth and extensive demand of acrylic acid in surface coatings and diapers is driving the regional market growth. Favourable government regulations and growing agriculture expenditure in China and India is anticipated to drive the market growth. China is one of the major construction industry in Asia Pacific. Rising infrastructural development especially for tourism and easy trading activities is likely to boost the acrylic acid market. China accounted for the largest market share of 58.00% in 2014, with a market value of USD 2,635.5 Million and is projected to grow at the highest CAGR of 5.53% during the forecast period. With upcoming infrastructural projects such as railway tracks, metro rails as well as new wind energy farms, the country is set to witness a strong growth in the adhesives industry over the next five years. The manufacturing sector in India is still growing and adhesive industry’s growth is directly aligned with the country’s manufacturing growth. North America and European regions are facing huge competition from emerging markets. Rising production of acrylic acid owing to growing personal care demand and presence of significant players is driving the Europe acrylic acid market.

Acrylic Acid Market – Competitive Analysis
Acrylic Acid Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. Majority of the company participants in the acrylic acid market has adopted the strategy named acquisition, agreement, collaboration, expansion, investment, partnership, product launch, and regulations. As the propylene price are increasing and the supply is diminishing rapidly, companies are trying to collaborate with propylene raw material suppliers and innovating new product such as bio acrylic acid in order to avoid raw material hassles. With advanced technology and innovative products offerings, manufactures are maintaining sustainable profits across the value chain. Major companies are extending their market share through expansion and agreement with distributors to meet the global demand.

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Industry/ Innovation/ Related News:
January 2017 –Arkema is expanding its production facility in North America at clear lake Texas site. This expanded facility cost USD 90 million with all modern facilities and latest technology. This production facility is replaced with two 45 kt/ year with a single 90 kt/ year. This facility is expected to be completed by mid-2019. The total production capacity will reach to 270 kt/ year. These all will facilitate the company’s profit to meet the demand of domestic as well as neighbouring countries market.

December 2017 –Evonik and Dow Chemical Company (Dow) are ending the joint venture of StoHass. The two companies are taking steps to optimize the acrylic acid production. This joint venture between Stockhausen (a predecessor of Evonik) and Rohm & Haas (a wholly-owned subsidiary of Dow) runs production sites at Germany and U.S. The new corporate strategy will help the company to pursue better position in respective market.

December 2017 – LG Chem Ltd. had announced on expanding production capacity of acrylic acid and superabsorbent polymer at southwestern city of Yeosu by first half of 2019. The company is investing USD 278.3 million. The crude acrylic acid capacity will increase from 180,000 ton/ year to 700,000 ton/ year. This would benefit the company to meet customer requirement and attain a sustainable market share.

June 2015 – BASF SE expands its production plant to camacari, brazil. The company invested of more than euro 500 million. The investment will strengthen the position in growing south America market.

May 2015- NIPPON SHOKUBAI CO., LTD.SE.The plan is to build superabsorbent polymer (SAP) plant with 100,000 metric ton/ year and acrylic acid (AA) plant with 100,000 ton/year. In Europe, NIPPON SHOKUBAI expects the steady demand of SAP especially in Central and Eastern Europe. NIPPON SHOKUBAI will ensure more stable supply after the investment of not only SAP but also its main raw material, AA.With this new plant at NSE.

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Acrylic Adhesive Market 2018: Trends, Size, Share, Growth and Forecast 2023

Market Research Future Published a Half-Cooked Research “Global Acrylic Adhesives Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

H.B. Fuller (U.S.), Henkel AG & Co. KGaA (Germany), Bostik S.A. (France), Sika AG (Switzerland), Eastman Chemical Company (U.S.), 3M (U.S.), AVERY DENNISON CORPORATION. (U.S.), Pidilite Industries Limited (India), Royal Adhesives & Sealants (U.S.), and Huntsman International LLC. (U.S.), among others are some of the prominent players at the forefront of competition in the Global Acrylic Adhesives Market and are profiled in MRFR Analysis.

Acrylic Adhesives Market – Market Overview
The Global Acrylic Adhesives Market is growing with the instantaneous pace; mainly due to the increasing construction industries, automobile production, and changing lifestyles. According to a recent study report published by the Market Research Future, the global market of acrylic adhesives is booming and expected to gain prominence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

Globally, the market for Acrylic Adhesives is driven by the region Asia Pacific, owing to growing consumption of the product in various end-use industries such as automotive & transportation, paper & packaging, electrical & electronics, construction, and others. These materials are used to reduce stress concentrations and impart corrosion resistance, cost-effective nature, aesthetic appearance to the final product. Additionally, stringent rules and regulations set by the regulatory bodies to follow bio-compatible products is set to drive the market during the forecast period.

Increasing demand for the product in applications such as asphaltic tapes, rubber & butyl adhesive tapes, acrylic adhesive tapes, and others signifies the growth of construction industries. Moreover, growing consumption of product due to unique features offered by the product such as thermal, chemical along with UV resistance provide a boost to the acrylic adhesives market growth.

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On the other hand, extensive use of water-based products in major industries is projected to propel the market Growth during the forecast period.

Acrylic Adhesives are used in various end-use industries such as automotive & transportation, paper & packaging, construction, electrical & electronics, and others. They are utilized to reduce the cost of buildings by developing an air-tight structure in the premises. The growing demand of these materials has prompted the manufacturers and investors to shift their focus from solvent-borne to water-based products in end-use applications. Additionally, the growing research & development activities and innovations of the product in the established companies have resulted into a remarkable growth in the market during the forecast period.

Acrylic Adhesives Market   – Regional Analysis
Geographically, Asia Pacific is leading the Global Acrylic Adhesives Market. China holds the major portion due to rapid urbanization coupled with growing demand for the product in the region. Increasing consumption of acrylic adhesives in packaging applications such as glass, aluminium cans, metal foils, high barrier plastics, and others has boosted the market demand in Japan, and India. North America has witnessed a significant growth in the market owing to rapid consumption of water-based products in end-use industries. A notable growth has been received by the European region due to implementation of strict rules and regulations to adopt eco-friendly products instead of solvent-based materials in major sectors. Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to rising manufacturers’ preference to adopt lightweight products in the major industries.        

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Acrylic Adhesives Market- Competitive Landscape
The Acrylic Adhesives Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Acrylic Adhesives Market is set to grow at a higher CAGR which is likely to attract many entrants to the market resulting into healthy competition in the future. Manufacturers operating in the Acrylic Adhesives Market are struggling to respond to an increase in demand for the product from automotive & transportation, paper & packaging, construction, and other sectors attributed to expanding production capacity and infrastructure development in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.

Industry/ Innovation/ Related News:
May 18, 2015 – Toyochem Co., Ltd (Japan), one of the leading producers of acrylic adhesives, declared that the company has launched Oribain® EXK14-346 series of water-based acrylic pressure-sensitive adhesives (PSAs) for medical applications such as heat wraps, and medicated patches. This product was known for bio-compatible nature, user-friendly, and other features. One of the sources of the company also announced that the product can be utilized in end-use industries such as automobiles, home appliances, electronics, and others. Therefore, these factors are expected to drive the market over the assessment period.

January 17, 2016 – Toyochem Co., Ltd (Japan), one of the prominent manufacturers of acrylic adhesives, declared that the company has completed the agreement to acquire the rights of one-component, solvent- based acrylic pressure sensitive adhesive (PSA) technologies from Rohm and Hass Chemicals LLC of Philadelphia, a part of the Dow Chemical Company. The global rights of formulation, manufacturing process along with the customer information to 11 solvent acrylic PSA products are covered under this agreement. One of the sources of the company also announced that the product can be utilized in a wide range of applications. Therefore, these factors are expected to drive the market over the assessment period.

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Antimicrobial Powder Coating Market 2018: Share, Competitor Strategy, Trends by Forecast to 2023

Market Research Future published a Cooked Research “Global Antimicrobial Powder Coating Market Research Report – Forecast to 2023”- Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023

Akzo Nobel N.V. (Netherlands), BASF SE (Germany), Diamond Vogel (U.S.), Axalta Coating Systems (U.S.), PPG Industries, Inc. (U.S.), and Koninklijke DSM N.V. (Netherlands) are some of the prominent players profiled in MRFR Analysis and are at the forefront of the competition in the Global Antimicrobial Powder Coatings Market.

Antimicrobial Powder Coating Global Market – Overview
Antibacterial Powder Coating is essentially applied on the object that comes in contact with a number of people to protect the objects from probable infections preventing the occurrence and growth of bacteria and fungi. While its obvious beneficial applications are in hygiene conscious environments like the field of food (restaurants), medical care facilities, schools, & sanitation equipment etc.; it is also used in the indoor air conditioning systems. The antimicrobial technology active in these coatings abolishes over 95% of bacteria and mould on a protected surface, auguring users a complete protection against microbial elements.

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Acknowledging the kind of traction gained by this market, Market Research Future recently published a study report. According to the report, Antimicrobial Powder Coating market is expected grow to USD 31.4 billion by 2023, registering 3.9 %  of a CAGR during the anticipated period (2016 – 2023).  In 2016, the market was valued to be USD 24.2 billion.

Factors that predominantly drive the market growth include; rising concerns related to prevention of contamination risk in medical equipment, prevalence of infections, infectious diseases/ disorders occurred through medical instruments in hospitals & contaminated air coupled with the growth in health expenditure. Technological advancement in medical devices is positively impacting the market growth. Enhanced standards of living and disposable income of developing countries populace, is allowing them to invest in health and physical wellbeing, this trend is likely to continue in the future fueling the demand for Antimicrobial Powder Coating.

Conversely, the efficacy of Antimicrobial Coating which is hard to measure and reduce over the period of time. Moreover, it is difficult to monitor and extend the functionality of such coating. This is considered to be the restraining factor operating in the Global Antimicrobial Coating Market.
However, a fact that the Low cost, sustainable, and environment-friendly microbial cements, grouts, polysaccharides, and bio-plastics are the major component of “Construction Microbial Biotechnology”, which are useful in the construction and geotechnical engineering is projected to drive the demand for the antimicrobial coating in the rapidly growing construction industry.

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Worldwide Antimicrobial Powder Coating Market – Segmentation

The Antimicrobial Powder Coating Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

By Types: Comprises Metal (Silver, Copper), Microorganisms (Escherichia Coli, Listeria, & Pseudomonas) and others.

By Application: Automotive Healthcare, Food & Beverages, Textile, Air Conditioning & Ventilation System, Paints & Coatings, Building & Construction,  and others.

By Regions:  North America, Europe, APAC and Rest of the World.

Segment silver by type is leading the market with the largest share.

The healthcare segment by applications, is estimated to grow at the highest rate.

Worldwide Antimicrobial Powder Coating Market – Competitive Landscape
The Antimicrobial Powder Coating Market appears to be highly competitive owing to the presence of numerous well-established vendors. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players.

Industry/ Innovation/Related News:
January 10, 2018 – Unigloves partnering with BioCote has launched the product – antimicrobial nitrile examination gloves ‘Fortified’ single use gloves, with silver ion technology, which destroys bacteria on its surface. Germ-killing silver ion tech from BioCote embedded in Unigloves medical products. The gloves are particularly effective against E.coli and Salmonella, antibiotic resistant superbugs like MRSA, VRE, CPE and CRE, invasive fungi species such as Candida auris, plus flu strains. The silver embedding prevents the cross contamination issue prevalent within hospitals, treatment centres, care homes and pharmaceutical facilities. Lonic silver particles are simply impregnated into the Unigloves synthetic nitrile (prior to vulcanisation) during production and homogenously dispersed throughout the rubber polymer, as opposed to being added as a surface coating which can wear off.

May 29, 2017 – Akzo Nobel, a global leader in powder coatings introduced ‘Interpon AM’, an antimicrobial powder paint.  Akzo Nobel has partnered with BioCote® to expand their world class Interpon brand to create the product.

April 26, 2017 – The VSHAPER MED one of the global leader in manufacturing of 3D printed medical models, implants, and even 3D printed organs introduced  UV sterilization, a HEPA filter for ventilation, and can print up to 450°C. The printer’s housing is made of an antibacterial, silver-based powder coating, and can print with many different materials.

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Worldwide Antimicrobial Powder Coating Market – Regional Analysis
North America market is growing rapidly owing to the presence of major end use industries in this region such as food processing and beverages.

Europe is another substantial region in the Global Antimicrobial Powder Coating Market, wherein Germany, the U.K., France, and Italy are the major markets.

Asia Pacific is holding relatively lesser share in the Global Antimicrobial Powder Coating Market.