Friday 30 March 2018

PTFE Membrane Market 2018 - Share, Growth, Key Players Analysis, Trends and Forecasts 2023

The growing demand for clean and safe water along with the stringent regulation on the treatment of industrial waste are the major factors driving the growth of the PTFE Membrane. The growing gross domestic product in the developing regions across the globe has augmented the growth of various sectors such as water treatment, industrial filtration, and pharmaceuticals among others are significantly contributing to the growth of the market. Moreover, the growing oil and gas activities to keep up with the energy demand have further surged the usage of PTFE membrane in the refineries.

Market Segmentation
The Global PTFE Membrane Market is segmented into type, application, and regions. On the basis of the type, the market is segmented into hydrophobic PTFE membrane, hydrophilic PTFE Membrane. On the basis of the application, the Global PTFE Membrane Market is further segmented into industrial filtration, textiles, medical & pharmaceuticals, Water treatment industry, architecture, and others.

Competitive Analysis
Some of the prominent players operating in the Global PTFE Membrane Market are General Electric (U.S.), Corning Incorporate. (U.S.), Donaldson Company, Inc. (U.S.), W. L. Gore & Associates, Inc. (U.S.), Merck KGaA. (U.S.), Pall Corporation (U.S.), Sartorius AG (Germany), Layne Christensen Company (U.S.), Zeus Incorporation (U.S.), Markel Corporation (U.S.), and Hyundai Micro Co., (South Korea).

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Market Scenario
The industrial filtration is the largest segment in the market whereas the water treatment application is anticipated to show the highest growth over the forecast period. The growing demand for industrial filtration from various end-use industries such as food & beverage, pharmaceuticals, and oil & gas among others is positively contributing to the growth of the segment. Moreover, properties such as temperature resistivity, chemical inertness, and high filtration efficiency make PTFE membranes ideal for the use in the industrial filtration. Among the type segment, hydrophobic PTFE Membrane is likely to dominate the market during the forecast period. Various advantages of the hydrophobic membrane such as thermal stability, inertness, and excellent particle retention abilities pave their way into a wide range of end-use industries.

Regional Analysis
The Global PTFE Membrane Market is spanned across five key regions: Europe, North America, Asia Pacific Latin America, and the Middle East & Africa. Among these, the Asia Pacific followed by North America and Europe are the major regions driving the demand for PTFE Membrane. The growing oil and gas related activities along with the stringent regulation on the treatment of waste water in the North American region is expected to drive the market growth to great extent. U.S. and Canada are the major countries contributing to the market growth in this region. The European PTFE membrane market is mainly driven by the developed pharmaceutical and water treatment industries.

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

Market Overview
Dental Adhesives are primarily used to bring strong adhesion between the denture and oral mucosa. Commercially, these products are manufactured in various forms such as powder, cream, paste, wafers, and others. The raw material sources for the Dental Adhesives are both natural and synthetic. The nature-based adhesives are used extensively due to their enhanced and better quality. On the other hand, sealants are used to fill the gap between two surfaces. They are low strength binders but possesses excellent flexibility as compared to adhesives.

The increasing oral healthcare awareness and high disposable income are primarily driving the Global Dental Adhesives and Sealants Market. Increasing improper eating habits in the young generation and orthodontic issues in geriatric population affects the oral health, which is likely to fuel the demand for the adhesives and sealants. Increasing government interests in the dental campaign in emerging markets is another factor fuelling the market growth. The pit & fissure and denture adhesives segment together hold a major share of the market, where pit & fissure sealants are cost-effective. Moreover, the rising demand for cosmetic dental treatment is further favoring the market growth. However, the high cost of the dental care treatment and a shortage of dental professionals may challenge the market growth. Nevertheless, the advancements in the dental adhesive systems such as oral maxillofacial surgery and procedures along with the increasing investments in R&D activities are likely to pose as a substantial opportunity to the market growth during the forecast period.

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Market Segmentation
The Global Dental Adhesive and Sealant Market is segmented on the basis of product type, resin type, applications, and region.

By the Product Type, the global market is segregated into natural and synthetic. The natural product type is extensively used due to the increasing awareness of organic substances and oral hygiene.

On the Basis of the Resin Type, the market is categorized into the dual-cured, light-cured, and self-cured resin. Out of these, the self-cured resin is holding a major market share. Use of self-cured resins reduce the number of application steps shortening the dental treatment time and provide procedural precision.

Based on the Application, the global market is segmented into denture bonding agents, pit & fissure, restorative adhesives, orthodontic bonding agents, luting cement, tray adhesives, dental surgical tissue bonding, and others.

Regional Analysis
The Global Dental Adhesives and Sealants Market is segmented into five major regions Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.

Developed regions, such as Europe and North America, are the major regions in the Global Dental Adhesives and Sealants Market. Furthermore, high cost of dental care treatment is not hampering the market growth in this region.

Followed by Europe and North America, Asia Pacific is expected to emerge as the fastest growing region in the Global Dental Adhesives and Sealants Market. Emerging countries such as China and India are the major contributors to the market growth owing to the rising healthcare awareness. However, the high cost and lower dental hygiene may challenge the market growth in this region.
Latin American countries such as Mexico, Brazil, and Argentina are anticipated to fuel the market growth in the coming years due to the growing demand from the emerging dental care industries.

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Ammonium Phosphate Market 2018: Analysis, Growth, Top Key Players and Trends by Forecast to 2023

Market Overview
Ammonium Phosphate is a chemical salt of ammonia and phosphorus. It is highly unstable, non-combustible compound and thermally decomposes to emit fumes of phosphorus oxides, nitrogen oxides, and ammonia. Ammonium Phosphate is extensively used in fertilizer manufacturing and is holding a major share of the Global Ammonium Phosphate Market. The various available types of ammonium phosphates’ are mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), and Ammonium Polyphosphate.

Ammonium Phosphate is used for the production of the most concentrated fertilizers namely Meta, pyro, and orthophosphates of ammonia. The Global Ammonium Phosphate Market is mainly driven by its application as a fertilizer due to the increasing demand from major agricultural economies such as India, Brazil, Argentina, China, Indonesia, among others. Mono-Ammonium Phosphate is a primary choice for fertigation due to its ability to create a moderate acidic nature, which is favorable for soil fertility. Also, it finds its usage in ABC dry fire extinguishing agent. Di-ammonium is widely used as a fire extinguisher due to its property of reducing combustion temperature and increasing rate of char formation, which reduces the chances of a fire breakout. However, the extensive use of Di-Ammonium Phosphate as fertilizer makes the soil alkaline resulting in seed germination and root development problems. Besides being used as a fertilizer and fire retardant, Ammonium Phosphate is extensively used for water treatment. Wastewater is usually purified using biological processes, which require nutrients like phosphorus, nitrogen and ideal pH environment. The increasing demand for water treatment owing to growing industrialization is another factor driving the market growth. The considerable growth of food & beverage industries is driving the Ammonium Phosphate Market positively due to its application in the vine and wed brewing and in sugar purification.

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Market Segmentation
The Global Ammonium Phosphate Market is segmented on the basis of the type, applications, and region.

On the Basis of the Types, the Global Ammonium Phosphate Market is segmented into mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), and ammonium polyphosphate.

Based on the Application, the global market is categorized into fertilizers, flame retardant, water treatment chemicals, food & beverages, and others.

Regional Analysis
The Global Ammonium Phosphate Market is segmented into five major regions Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia Pacific is the fastest growing region due to increasing demand for agrochemicals in major agricultural countries in this region. Economies such as China, India, Indonesia, and Malaysia are the major contributors on account of the high production and exportation of fertilizers. Additionally, the increasing rate of industrialization, urbanization, and infrastructural development fuelling the demand for the product in wastewater treatment, which may further propel the market growth.

The extensive use of fertilizers in the U.S. for crop production is the major driver of the market in the North American region.

Latin America is another substantial region in the market growth due to the high exportation of fertilizers by countries such as Mexico, followed by Brazil and Argentina.

Unlike the regions mentioned above, the market growth in the European region is expected to witness sluggish growth owing to the stringent “nutrient recovery rules” by EU Fertilizer Regulation may hamper the market growth in this region.

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Thursday 29 March 2018

Medium Chain Triglycerides Market 2018 –Challenges, Key Vendors, Drivers and Trends by Forecast 2023

Medium Chain Triglycerides are used in a wide range of applications such as dietary nutrition, cosmetic & personal care, infant nutrition, sports drinks, and others. The rising growth of the cosmetic and personal care and pharmaceutical industry across the globe is substantially contributing to the growth of the Medium Chain Triglyceride Market. The growing awareness about the health benefits of Medium Chain Triglyceride along with the growing usage of the product by athletes owing to its excellent fat burning abilities is expected to surge the market demand.

Market Segmentation
The Global Medium Chain Triglycerides Market is segmented into the source, form, fatty acid type, and application. On the basis of the source, the market is segregated into coconut, palm, and others. The market by form is bifurcated into dry form and liquid form. On the basis of the fatty acid type, the global market can be segregated into caprylic acid, capric acid, lauric acid, and caproic acid. On the basis of the application, the market is further segmented into dietary supplements, cosmetic & personal care, pharmaceuticals, sports drinks, infant nutrition, and others.

Competitive Analysis
Some of the prominent players operating in the Global Medium Chain Triglycerides Market are Sternchemie GmbH & Co KG (Germany), Emery Oleochemicals (U.S.), KLK Oleo (Malaysia), BASF SE (Germany), DuPont (U.S.), Wilmar International Ltd (Singapore), Stepan Company (U.S.), Sternchemie Lipid Technology (Germany), Jarrow Formulas (U.S), and ABITEC (U.S) among others.

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Market Scenario
Among the various applications of the Medium Chain Triglyceride, the dietary supplement segment was the largest segment in 2016 and is expected to show the same trend during the forecast years. The health benefits of Medium Chain Triglyceride, such as reducing hormonal imbalances, weight gain, gut problems, and cognitive disorders among others, are positively affecting the growth of the segment.

The Global Medium Chain Triglyceride Market is spanned across five key regions:, Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected grow at an expanding CAGR during the forecast period.. The grwoing development of the cosmetic & personal care industry along with the pharmaceutical industry is anticipated to fuel the demand for Medium Chain Triglyceride in the region. Moreover, the rising instances of malnutrition in Asia Pacific region are projected to further fuel the market growth during the review period.

The European region is estimated to witness steady growth owing to growing consumption of Medium Chain Triglyceride from the cosmetic and personal care industry.  Moreover, the growing usage of Medium Chain Triglyceride as fat burners by atheletes is another major factor positively effecting the market growth. The North American Medium Chain Triglyceride Market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing prevalence of obesity and other lifestyle diseases are expected to propel the growth of the market.

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Caprylic/Capric Triglycerides Market 2018–Share, Growth, Key Players Analysis, Trends and Forecasts 2023

Caprylic/Capric Triglycerides are used in a wide range of applications such as dietary nutrition, cosmetic & personal care, food & beverage, and others. The rising growth of the cosmetic and personal care industry across the globe is substantially contributing to the growth of the Caprylic Triglyceride Market. The growing application in the food and beverage sector owing to its excellent fat burning abilities is expected to drive the market growth.

Market Segmentation
The Global Caprylic/Capric Triglycerides Market is segmented into application and region. On the basis of the application, the global market of Caprylic/Capric Triglycerides is further segmented into dietary supplements, cosmetic & personal care, pharmaceuticals, sports drinks, infant nutrition, food & beverage and others. On the basis of the region, the Global Caprylic/Capric Triglycerides Market is categorized into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Competitive Analysis
Some of the prominent players operating in the Global Caprylic/Capric Triglycerides Market are Croda International plc (U.K.), Oleon NV (Belgium), Ecogreen Oleochemicals (Singapore), Peter Cremer North America (U.S.), IOI Oleo GmbH (Germany), KLK Oleo (Malaysia), Oxiteno (Brazil), and BERG + SCHMIDT GmbH & CO. (Germany).

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Market Scenario
Among the various applications of the Caprylic Triglyceride, the food & beverage was the dominant segment in 2016 and is expected to show the same trend during the forecast period whereas the cosmetic and personal care segment is expected to witness the highest growth during the review period. Caprylic Triglycerides are extensively used in the personal care industry owing to its excellent absorbent qualities. Moreover, the Cosmetic Ingredient Review declared the use of Caprylic Triglycerides is safe in cosmetics and personal care, which is further boosting the growth of the segment.

The Global Caprylic Triglyceride Market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest growing market during the forecast period. The growing development of the personal care industry along with the growing demand for pharmaceuticals is anticipated to fuel the demand for Caprylic Triglyceride in the region. Moreover, the rising cases of malnourishment mainly in India and China in the region is anticipated to boost the market demand further.

The European region is experiencing a significant growth owing to growing consumption of Caprylic Triglyceride in the cosmetic and personal care industry.  Moreover, increasing application of Caprylic Triglyceride as fat burners by the health-conscious population is further driving the market, positively.

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Acetic Anhydride Market 2018: Analysis, Size, Share, Growth and Trends by Forecast to 2023

Market Overview
Acetic Anhydride is a clean, colorless liquid with a strong odor of vinegar. It is soluble in water. Acetic Anhydride is widely used as a wood preservative for making durable timber. It is used in various applications such as filter tows, fiber, plastics, dyes, pesticides, flavors, fragrances, and others. The major application of Acetic Anhydride is the formation of cellulose acetate, which is driving the demand for the product. Cellulose acetate is mainly used in the manufacturing of cigarette filters, photographic films, coating materials, and others. The rising demand for Acetic Anhydride in pharmaceuticals as an intermediate is the major factor driving the growth of the market. Extensive use of acetic anhydride in the production of aspirin and paracetamol, effective for generic disease such as cold, fever, and bodily pain. The increasing use of flavors and fragrances in food and beverage industry is another factor fuelling the market growth. Moreover, the product is used for manufacturing of tetraacetylethylenediamine (TAED), a bleach activator used in laundry detergent. It acts as a solvent and key ingredient in pesticides such as acephate and other herbicides. Spandex, a light-weight fiber, generally used in manufacturing of swimwear and sportswear. The spandex are manufactured by polytetramethylene ether glycol, which uses Acetic Anhydride. However, the increasing awareness about ill-effects of cigarettes coupled with stringent governmental regulations may challenge the market growth. Nevertheless, the radiolabelling of proteins and viruses in mammalian tissue culture is anticipated to be one of the emerging opportunities in the global market.

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Market Segmentation
The Global Acetic Anhydride Market is segmented on the Basis of Application, End-User and Region.

On the Basis of the Application, the global market is segmented into cigarette filter, chemical intermediate, coating materials, dye, flavors & fragrance, pesticides, synthesizer, and others.

Based on the End-User, the global market is categorized into pharmaceuticals, textiles, agrochemicals, food & beverages, and others.

Regional Analysis
The Global Acetic Anhydride Market is segmented into five major regions: North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America is leading the Global Acetic Anhydride Market owing to the high production of the product in this region. Many of the major acetic anhydride producing companies are located in the U.S. The increasing demand for acetic anhydride from the major applications such as cellulose acetate and pharmaceuticals in this region is likely to fuel the market growth during the assessment period. The U.S. implemented Acetic Anhydride regulation to reduce the availability of heroin in 1989 as it is a precursor to the drug production. Moreover, the FDA limits the use of Acetic Anhydride to 2.5% in food starch. These stringent regulations are likely to hinder the market growth in this region.

Followed by North America, Asia Pacific is expected to emerge as the fastest growing region in the Global Acetic Anhydride Market. China is the major manufacturer of Acetic Anhydride due to the low production cost and abundance of labor. Similar to North America, China has implemented the “UN Convention on Drug Precursors,” wherein the signatories subject to strict licensing for production, sales, purchase, and transportation of such precursor chemicals. India is likely to witness a significant growth of the market owing to the increasing demand from textiles, pharmaceuticals, and polymer industries.

The regional market of Europe is mainly driven by the product used in tetraacetylethylenediamine (TAED) for laundry detergent and cellulose acetate for cigarette filters.

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Wednesday 28 March 2018

Sputter Coatings Market 2018 | Key Players, Development and Opportunities by Forecast to 2023

Sputter Coatings are used in various application sectors such as electrical & electronics, architecture, electronics, automobile, defense and energy among others. The growing demand from the developing region across the globe are the major factors driving the global market for sputter coatings. The growing electrical and electronic sector along with the augmenting demand from the automobile sector are other factors contributing to the growth of the market. Moreover, the growing regulation of the use of low emitting glass in residential as well as commercial sector is further anticipated to boost the demand for Sputter Coatings across the globe.

Market Segmentation
The Global Sputter Coatings Market is segmented into the target material, substrate, and application industry. On the basis of the target material, the market is segmented into the pure material, alloys, compounds, and others. On the basis of the substrate, the Global Sputter Coatings Market is segmented into ceramic, metals & dielectric, glass, plastic, semiconductors and others.  On the basis of the application, the market is segmented into automotive & transportation, architecture, electrical & electronics, defense, energy, optical coatings, tribological coatings, and others.

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Competitive Analysis
Some of the prominent players operating in the Global Sputter Coatings Market are JX Nippon Mining & Metals Corporation (Japan), Tosoh SMD Inc. (U.S.), Hitachi Metals Ltd. (Japan), Mitsui Mining & Smelting Co., Ltd.  (Japan), Umicore (Belgium), Hereaus Deutschland Gmbh & Co. Kg. (Germany), Materion Corporation (U.S.), IANGYIN ENTRET COATING TECHNOLOGY CO. LTD (China), and GRIKIN Advanced Materials Co. Ltd (China).

Regional Analysis
The Global Sputter Coatings Market is spanned across five key regions: the Asia Pacific, Latin America North America, Europe, and the Middle East & Africa. Among these, Asia Pacific is anticipated to be the fastest growing region during the forecast period. The developing end-user industries in the region such as electronics and construction is expected to fuel the market growth. Moreover, the increasing demand for energy has resulted in the shift towards the renewable sector, in turn, adding to the demand for Sputter Coatings. The major counties attributing to the growth of Sputter Coatings in this region are India, China, and Japan.  North America is the second largest region for the Market Sputter Coatings. The developed end-use industries coupled with the growing adoption of sputter coatings are the major factor contributing to the growth of the market. The major countries attributing to this growth are the U.S. and Canada. European market of Sputter Coatings is mainly driven by the developed automobile and electronics industry. Moreover, the increasing use of Sputter Coatings in the residential and commercial infrastructure is further augmenting the market demand.

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Metal Powder Market 2018 | Challenges, Key Vendors, Drivers and Trends by Forecast 2023

The Metal Powder is used in various end-user industries such as building and construction, transportation, electrical & electronics, and Industrial among others. The growing demand from the developing region across the globe is the major factor driving the Metal Powder Market. The growing spending on the infrastructural development along with the augmenting demand from the transportation industry are other factors contributing to the growth of the market. Among the various end-use industries, transportation is the leading segment and is anticipated to continue leading during the assessed period.

Market Segmentation
The Global Metal Powder Market is segmented into Type, Production Method, Compaction Technique and End-User Industry. On the basis of the type, the market is segmented into non-ferrous, ferrous, and others. On the basis of the production method, the Global Metal Powder Market is segmented into the physical method, chemical method, and mechanical method. On the basis of compaction technique, the market is bifurcated into cold compaction technique and hot compaction technique. On the basis of the end-user industry, the market is further segmented into transportation, electrical and electronics, building and construction, and others.

Market Scenario
The ferrous Metal Type segment is the leading the market on account of its growing use in the electrical & electronics building & construction and transportation industry. Moreover, among the production method, the chemical method is expected to register the highest growth. On the Basis of the End-User Industry, transportation is anticipated to register the highest growth owing to the growing demand for lightweight vehicles.

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Competitive Analysis
Some of the prominent players operating in the Global Metal Powder Market are Sandvik AB (Sweden), Carpenter Technology Corporation (U.S.), Hoganas AB (Sweden), GKN Plc. (U.K.), Rio Tinto (U.K.), Allegheny Technologies Incorporated (U.S.), American Chemet Corporation (U.S.), Carl Schlenk AG (Germany), Hitachi Chemical Co., Ltd (Japan), and Metaldyne performance Group  Inc (U.S.) among others.

Regional Analysis
The Global Metal Powder Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific is anticipated to be the fastest growing market with a CAGR of above 4.5% during the forecast period. The developing end-user industries in the region such as building & construction and transportation are expected to fuel the market growth. Moreover, the rapid shifting of a manufacturing base to the region has further surged the demand for Metal Powder in the region. The major counties attributing to the growth of the Metal Powder in this region are India, China, and Japan.  North America is another dominant region in the market owing to the developed end-use industries coupled with the growing adoption of Metal Powder. The major countries attributing to this growth are the U.S. and Canada. European Metal Powder Market is mainly driven by the developed transportation and electronic industry. Moreover, the growing demand for the metal fabrication industries is also expected to boost the market growth. The major countries contributing to the growth of the market are Germany, France, and, the U.K.

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Electroactive Polymers Market 2018–Share, Growth, Key Players Analysis, Trends and Forecasts 2023

Electro Active Polymer is used in various applications such as ESD & EMI protection, batteries, sensors, and antistatic packaging among others. The growing demand from the developing region across the globe are the major factors driving the global market of the Electroactive Polymer. The growing application in automobiles and electrical & electronics are other factors contributing to the growth of the market. Among the various application sector, ESD & EMI protection is the dominant segment and is expected to show the same trend during the forecast years.

Market Segmentation
The Global Electro-Active Polymers Market is segmented into Product Type and Application. On the Basis of the Product Type, the market is segmented into conductive polymers, inherently dissipative polymers, inherently conductive polymers, and others. On the Basis of the Application, the Global Electroactive Polymers is further segregated into actuators, sensors, ESD & EMI protection, antistatic packaging, and others.

Competitive Analysis
Some of the prominent players operating in the Global Electroactive Polymers Market Solvay (Belgium), Parker-Hannifin Corporation (U.S.) Agfa-Gevaert Group (Belgium), 3M (U.S.), Merck Sharp & Dohme Corporation (Germany), The Lubrizol Corporation (U.S.), NOVASENTIS, INC (U.S.), Premix (Finland), PolyOne Corporation (U.S.) and Kenner Material & System Co., Ltd (China) among others.

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Market Scenario
The inherently conductive polymer product segment is anticipated to grow at an expanding CAGR during the forecast years. The growing investment in the research and development activities in the IPC sector has fuelled its use in the medicines, energy, robotics and smart fabrics sector, which, in turn, is contributing to the growth of the segment. Among the various application segment, the ESD & EMI protection are expected to be the dominant segment. The growing use of advanced technologies in the automobiles is expected to be the major contributor to the segmental growth.  The antistatic packaging segment is expected to exhibit a CAGR of over 7.5% during the assessed period. The increasing use of polypropylene, polyethylene in the packaging of consumer electronics and medical devices is substantially propelling the growth of the segment.

Regional Analysis
The Global Electroactive Polymer Market is spanned across five key regions: Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest growing market on account of the growing demand for Electroactive Polymers in the automobile and electrical & electronic industry. Moreover, the development of retail sector especially in India and China along with the growing penetration of smartphones has surged the demand for consumer electronics, in turn, boosting the market. North America is anticipated to be the largest market closely followed by Europe. The presence of the development of automobile and electronics sector is the key factor propelling the market. Moreover, the growing research and development activities in robotics is expected to have a positive impact on the market owing to the extensive use of actuators in robotics.

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Barium Nitrate Market 2018 | Analysis, Size, Share, Growth and Trends by Forecast to 2023

Market Overview
Barium Nitrate is a crystalline, inorganic salt of barium and nitrate ions. The thermal decomposition of Barium Nitrate takes place at around 500ºC-700ºC with the release of oxygen, barium oxide, and nitrogen dioxide. It naturally occurs in nitrobarite, which is a rare earth mineral. Commercially, barium nitrate is produced using following two processes. The first is to carry out the reaction of barium carbonate with nitric acid and then precipitating, evaporating, and filtering iron impurities.
The second way to produce the compound involves the reaction of heated sodium nitrate solution with barium chloride, which results in Barium Nitrate crystals. It acts as an oxidizer and is widely consumed to produce green fireworks. It is mixed with thermite to form Themate-TH3, a military thermite grenade. It forms highly explosive flash powder when mixed with aluminum powder.
The Barium Nitrate finds its applications in pyrotechnics/fireworks, glass manufacturing, ceramic powder, detonators, tracer bullets, and vacuum tube production, among others. The Global Barium Nitrate Market is mainly driven by its growing use in the manufacturing of explosives used in defense and military industry. The increasing demand for the compound in electrical and electronics industries in manufacturing semiconductors, superconductors, and capacitors is anticipated to favor the market growth during the years to follow. Moreover, the growing demand for the product in manufacturing various types of glass such as optical, art, and crystal glass is likely to further fuel the market growth during the forecast period. However, there are some restraining factors operating in this market which are needed to be taken under consideration are the highly toxic nature of the product, which can be absorbed by aquatic animals due to its water-soluble nature and can eventually enter the food chain and its harmful effects on human health due to indigestion.

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Market Segmentation
The Global Barium Nitrate Market is segmented on the basis of its Application and Region.

On the Basis of the Applications, the Global Barium Nitrate Market is segregated into explosives, glass manufacturing, ceramics, fireworks/pyrotechnics, tracer bullets, detonators, vacuum tube production, other barium compounds production, and others.

Regional Analysis
The Global Barium Nitrate Market is segmented into five major regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America is the leading the Global Barium Nitrate Market owing to the high production of barium nitrate in this region. The growing demand for Barium Nitrate to create a powerful defense and increasing military ammunitions is anticipated to boost the market growth in coming years. The U.S accounts for major share of the regional market closely followed by Canada.

Following North America, Europe is another region fuelling the global market growth due to the heavy investments in the defense sector. Russia is the major contributor to this regional market on account of the high production of various types of explosives used in military and defense.

The Asia Pacific is projected to be the fastest growing region in the Global Barium Nitrate Market. China, India, and Japan are the major countries contributing to market growth due to the rising demand for fireworks, pyrotechnics, and electronics in this region. Currently, China is a major manufacturer and exporter of fireworks across the globe, which is primarily driving the market growth in this region.

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Tuesday 27 March 2018

Polyphenylene Sulfide Market 2018 | Share, Growth, Key Players Analysis, Trends and Forecasts 2023

Market Overview       
Polyphenylene Sulfide (PPS) is an organic polymer consisting of aromatic rings linked with sulfides. The distinguished properties of PPS such as flame retardant, chemical resistant, corrosion resistant, dimensional stability, and low moisture absorption are responsible for substitution of heavy metals, mainly required in major end-use industries such as automotive and aerospace. The surging demand for the product in the automotive and electrical industry is expected to propel the market growth during the forecast period. The increased fuel efficiency and weight reduction potential by the use of PPS in automotive are one of the major drivers of the global polyphenylene sulfide market.
Additionally, increasing consumption of the product in electrical and electronic appliances such as non-stick cookware, fans & blowers, and hairdryer components are likely to favor the market growth. It is an entirely recyclable, environment-friendly compound and a fine alternative to other polymers such as epoxy, ABS, PTFE, PEI, PVDF, and others.

Radical improvements in advanced avionics, operating efficiency, and use of new electrical systems are rapidly changing the manufacturing of the aircraft. Advanced platforms, which are already in the production such as Boeing’s 787, 737 MAX including A330, and others are expected to boost the market growth.

The extensive use of filter bags in steel, chemical, and thermal plants is fuelling the global market of Polyphenylene Sulfide. Furthermore, the product provides sterilizable healthcare and laboratory equipment, which may effectively rise the market growth.

However, rising demand for substitutes such as PEI, polyamide, and PEEK coupled with the high cost of Polyphenylene Sulfide may restrain the market growth.

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Market Segmentation
The Global Polyphenylene Sulfide Market is segmented on the basis of Type, Applications and Region.

Commercially, the PPS is manufactured in two types: virgin and recycled. The virgin type PPS is costly and contains lesser impurities and environmental risks as compared to the recycled type.

On the Basis of the Application, the market is segmented into automotive, electrical & electronics, filter bags, industrial applications, aerospace, coatings, and others.

Regional Analysis
The Global Polyphenylene Sulfide Market is segmented into five major regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is the fastest growing region in terms of value on account of the presence of a large number of automotive, and electrical and electronics industries. Countries such as China and India are the major contributors to the regional market growth due to the increasing demand for advanced and efficient automotive. The presence of renowned automotive manufacturers such as Honda, Nissan, and Toyota in Japan has fuelled the market growth in this region. High production of automobiles in countries such as Thailand and South Korea is further anticipated to favor the market growth in coming years.

North America is another substantial contributor to the global market growth owing to the mature automotive sector and growing aerospace sector. Increasing demand for the product from the established aircraft manufacturers such as Boeing, GE Aviation, Northrop Grumman in the U.S is the major driver of the market in this region.

The growth of the market is sluggish in Europe due to the stringent Government regulations for environmental safety despite the presence of coal and thermal plants in this region.

Latin America is expected to join hands with the leading region's growth in the coming future due to the growing automotive industries, especially in Mexico.

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Microcrystalline Cellulose Market 2018: Analysis, Size, Share, Growth and Trends by Forecast to 2023

Microcrystalline Cellulose is used in various end-user industries such as pharmaceuticals, food & beverage and cosmetic & personal care among others. The growing demand from the developing region across the globe are the major factors driving the Global Microcrystalline Cellulose Market. The growing health consciousness amongst the population has augmented the use of low fat containing a product, which, in turn, is expected to fuel the market demand. Among the various end-use segment pharmaceutical segment closely followed by the food & beverage are the dominant industries and is expected to show the same trend during the forecast years.

Market Segmentation
The Global Microcrystalline Cellulose Market is segmented into source type and end-user industry. On the basis of source type, the market is segmented into wood-based and nonwood-based.  On the basis of the end-user industry, the market is further segmented into food & beverages, pharmaceuticals, cosmetic & personal care, and others.

Market Scenario
The pharmaceutical segment is the leading the market on account of its growing use as an excipient in the pharmaceutical industry owing to its inertness to chemicals. It is extensively used as solid forms of capsules and drugs. Moreover, the food and beverage segment is also expected to exhibit substantial growth during the forecast years. The growing demand for processed food throughout the globe along with the growing application as a fat substitute is positively affecting the growth of the segment.

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Competitive Analysis
Some of the prominent players operating in the Global Microcrystalline Cellulose Market are FMC Corporation (U.S.), DFE Pharma (Germany), DuPont (U.S.), Asahi Kasei Corporation (Japan), Mingtai Chemical Co. Ltd (Taiwan), Avantor Performance Materials (U.S.), Tembec Inc. (Canada), JRS Pharma (Germany), Blanver Farmoquimica Ltda. (Brazil), and Sigachi Industries Pvt. Ltd. (India).

Regional Analysis
The Global Microcrystalline Cellulose Market is spanned across five key regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these, Asia Pacific is anticipated to be the fastest growing market with an expanding CAGR during the forecast period. The developing end-user industries in the region such as pharmaceuticals and personal care are expected to fuel the market growth. The Asia Pacific region is expected to register a CAGR of over 7% during the forecast years. The key counties attributing to the growth of Microcrystalline Cellulose in this region are India, China, and Japan.  North America is the largest region in the Global Microcrystalline Cellulose Market. The developed end-user industries coupled with the growing adoption of microcrystalline cellulose are the fuelling the market growth. The major countries attributing to this growth are the U.S. and Canada. European Microcrystalline Cellulose Market is mainly driven by the developed pharmaceutical and cosmetic & personal care industry. Moreover, the growing demand for processed food and beverage is expected to have a key impact on the market growth.

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Calcium Propionate Market 2018: Analysis, Growth, Top Key Players and Trends by Forecast to 2023

Market Overview
Calcium Propionate is calcium salt of propionic acid, formed by reaction of calcium hydroxide with propionic acid. The compound exhibits mold inhibiting property, which is extremely beneficial for prevention of growing microorganisms in food and beverages. Growing consumption of calcium propionate as a preservative and leavening agent in bakery and dairy products is a major driver of the global market. The increasing applications of Calcium Propionate in bakery products hold a major share of the market in terms of value. It is used for milk fever prevention in cows and is a great feed supplement for poultry, dogs, cattle, and horse. The use of calcium propionate in baked products depends upon various influencing factors such as storage method, storage temperature, product type, and others. It acts as an anti-microbial agent which is beneficial in the production of pharmaceuticals, especially for skin disease caused by a parasite. This property is also useful in preventing bacterial growth and preventing cosmetics from spoiling. Being less toxic and cost-effective compared to other substitutes such as sodium propionate, sorbates, and others are the primary drivers of the market growth.

Changing lifestyle and food consumption habits coupled with growing working population have increased the demand for processed and ready-to-go food products and are likely to propel the market growth during the forecast period. R&D innovations in food processing and the extensive use of the product in emerging markets are projected to drive the market positively.

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Market Segmentation
The Global Calcium Propionate Market is segmented on the basis of its Application and Region.

Based on the Applications, the global market is segregated into bakery products, dairy products, animal feed, processed meat, pesticides, pharmaceuticals, cosmetics, and others.

Regional Analysis
The Global Calcium Propionate Market is segmented into five major regions of North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America is the leading region in the Global Calcium Propionate Market owing to the presence of well-established mature foods & beverages industries in this region. Countries such as the U.S. and Canada hold a major share of the regional market and may further witness healthy growth in the coming years due to the high production and consumption of bakery and dairy products in this region.
Europe is another substantial region expected to witness positive growth in the market. The increasing need for the longer shelf life stability and growing awareness of the foodborne disease is anticipated to fuel the regional market in countries such as the U.K, Germany, France, Italy, and others.

The Asia Pacific is the fastest growing region in terms of the consumption of Calcium Propionate. Countries such as China, India, Japan, and others are the major contributors to the market share in this region. The surging demand for processed food and increasing disposable income are the major drivers of the market in this region. Moreover, use in pesticides to increase agricultural production and productivity in the emerging countries such as China, India, Indonesia, and Thailand in this region favors the market growth positively.

Lastly, Latin America and the Middle East and Africa are also significant contributors to the market growth on account of the growing food industries in countries such as Mexico, Brazil, and South Africa.

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Monday 26 March 2018

High Strength Steel Market 2018: Trends, Size, Share, Growth and Forecast 2023

High Strength Steel is used in various end-use industries including automobile, building & construction, mining, military & defense, and aviation. The growing investment in infrastructural development coupled with the increasing defense budget is expected to augment the growth of the global high strength steel further. Among the various end-use industries, automobile and building & construction are expected to hold the major share during the assessed period.

Market Segmentation
The Global High Strength Steel Market is segmented into Product Type and End-User Industry. On the Basis of the Type, the market is segregated into high strength low alloy steel, dual phase steel, hardenable brake steel, carbon manganese steel, and others. On the Basis of the End-User Industry, the global market can be further bifurcated into automotive, building & construction, mining & other equipment, aviation, marine, military & defense, and others.

Market Scenario
The automobile segment followed by building & construction segment is anticipated to observe a higher CAGR during the forecast period. High strength steel in automobiles helps in the reduction of weight, which, in turn, reduces the emissions in automobiles. The implementation of stringent regulations regarding the greenhouse emissions is further anticipated to boost the market demand.
High Strength Steel is extensively used in bridges, roller coasters, and other infrastructures owing to its high tensile strength and corrosion resistance. The growing infrastructural spending is expected to add to the growth of the segment.

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Competitive Analysis           
Some of the prominent players operating in the Global High Strength Steel Market are Arcelor Mittal (Luxembourg), United States Steel Corporation (U.S.), Voestalpine AG (Austria), SSAB (Sweden), Shandong Steel Group (China), SAIL (India), Tata Steels (India), Nippon Steel and Sumitomo Metal Corporation (Japan), POSCO (South Korea), Wuhan Iron and Steel Corporation (China), Tata Steels Limited (India) and Nippon Steel & Sumitomo Metal Corporation (Japan) among others.

Regional Analysis
The Global High Strength Steel Market is spanned across five key regions: North America, Asia Pacific Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share and is expected to grow at a considerable CAGR .The growing development of industries in the region is the major factor attributing to the growth of the segment. Moreover, the shifting of the automotive manufacturing base into the region owing to the cheap labor and encouraging government regulations is also contributing to the growth of the market.

The North American High Strength Steel Market is mainly driven by the Canada and the U.S. The growing adoption rate coupled with the developed end-user industries are the key factors attributing to this growth. Moreover, the properties such as high tensile strength and lightweight also find its application in the defense sector. The growing defense budget in the region is also anticipated to surge the market demand.

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Carbon Fiber Prepreg Market 2018: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Carbon Fiber Prepreg are used in a wide range of industry application owing to their excellent properties such as chemical, heat, and moisture resistance, high tensile strength, and superior mechanical properties among others. It is extensively used in applications pertaining to aerospace & defense, automobiles, sports equipments, wind power and others. The rising growth aerospace & defense across the globe is expected to substantially contribute to the growth of the Carbon Fiber Prepreg Market.

The Global Carbon Fiber Prepreg Market is driven by the growing demand for fuel efficient cars and growing investment in the wind energy. Moreover, it is estimated that the aerospace and defense sector is set to witness the highest growth during the forecast years. The properties such as growing operation stability at extreme temperatures and tensile strength has resulted in the increasing adoption of carbon fiber prepreg in the automotive and defense industry.

Market Segmentation
The Global Carbon Fiber Prepreg Market is segmented into resin type, manufacturing process and end user industry. On the basis of the resin type, the market is segregated into epoxy resin, phenolic resin, BMI resin, cyanate ester resin, thermoplastic resin and other resins. The market by manufacturing process is segmented into hot melt manufacturing process and solvent dip manufacturing process. The market by end user industry is further categorized into automotive, aerospace & defense, sports & leisure, wind energy, and others.

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On the Basis of Resin Type, the epoxy resin is anticipated to lead the segment in 2016 and is expected to follow the same trend during the assessed years. This growth of the segment is mainly attributed to the growing demand from the automobile, aerospace and defense industry. Moreover, the low maintenance and durability are other reasons for the employment of epoxy resins in the end use industries.

Regional Analysis
The Global Carbon Fiber Prepreg Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America followed by Asia Pacific holds the major share of the market and is expected to continue the dominance during the forecast years. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the sports & leisure products and automobile in turn adding to the market growth. Carbon Fiber Prepreg is extensively used in the production of bicycles, fishing rods, tennis rackets, and golf shafts among others. Moreover, the growing installation of wind energy capacity mainly in China and India to augmented the power sector also positively effecting the growth of the market.

The North American Carbon Fiber Prepreg Market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries such as automotive and aerospace coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing investment in the wind energy and defense sector is further expected to add fuel to the growth of the market.

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Aliphatic Hydrocarbon Market 2018: Overview, Top Key Players, Growth and Analysis by Forecast 2023

Market Overview
Aliphatic Hydrocarbon is an organic compound and is produced from crude oil by distillation process. They are primarily used as fuels due to their high flammability. These type of hydrocarbons find their applications in day to day products such as perfumes, artificial flavors, room fresheners, and others. The increasing demand for Aliphatic Hydrocarbon as a thinner and solvent in paints and coatings industry is driving growth of the market. Additionally, the increasing physical and social infrastructural development, along with the growing population is anticipated to fuel the demand for the paints and coatings which will consequently propel the market growth. The product finds its usage in the process of oil extraction and manufacturing of rubber and aerosols. Furthermore, the increased applications of Aliphatic Hydrocarbons such as refrigerants, dry cleaning, lubricants, and chemical intermediates are the major drivers of the global market.

The demand for Aliphatic Hydrocarbon in various end-user such as building and construction, and automotive are the factors are favoring the growth of the market. Moreover, replacement of turpentine by mineral spirits is likely to drive the forward in coming years.

However, the harmful long term and short term exposures and government laws concerning environment safety in developed economies may compel the market growth.

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Market Segmentation
The segmentation of Global Aliphatic Hydrocarbon Market is carried on the basis of the Product Type, Applications and Region.

Based on the Product Type, the global market is segmented into varnish makers & painter’s naphtha, mineral spirit, heptane, and others. The painter’s naphtha product segment accounts for a major share due to its various uses such as cleaning fluid, diluting agent, rubber solvent, and in dry cleaning purposes.

On the Basis of the Applications, the market is segmented into paints & coatings, commercial & domestic cleaning, rubber & polymer, adhesives, aerosols, printing inks, and others.

Regional Analysis
The Global Aliphatic Hydrocarbon Market is spanned across five major regions Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific holds a major share of the global market in terms of revenue due to the swift industrialization of emerging countries such as China and India. Rapid growth of urbanization in emerging economies such as China and India may increase the demand from the infrastructure, which contributes positively to the market share. Furthermore, the demand for rubber in automotive has also fuelled the market growth.

Developed regions such as North America and Europe are expected to witness a moderate growth on account of the stringent government regulations for environmental safety. The increased use of bio-based solvents due to the major concern such as emission of Volatile Organic Compounds (VOCs) is likely to hamper the market growth in this region.

In the Middle East region, countries such as Saudi Arabia and UAE are the major drivers of the market due to oil extraction and production industries.

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Friday 23 March 2018

Microcrystalline Cellulose Market 2018: Research, Competitor Strategy, Industry Trends and Forecast to 2023

Market Overview
Microcrystalline Cellulose is a partially depolymerized, naturally occurring cellulose form wood pulp. It has properties such as anti-caking, bulking, and texturizing that are majorly required for keeping processed food fresh. The unique properties such as powder porosity, moisture sorption, and swelling capacity. Being a chemically inert substance, it has very less absorption capacity and does not dissolute during digestion. Due to this reason, it is highly used in excipient production in pharmaceuticals and is the major driver of the Global Microcrystalline Cellulose Market. The other driver for the global market growth is it being a fat substitute, primarily used in low-fat processed food.

The increasing demand for pharmaceuticals with the growing population consumes a major quantity of microcrystalline cellulose followed by food and beverage industry. The global market growth is also driven by the cosmetic and personal care industry. The unique properties of extender, binder, and texturizer are extensively used in personal care products. The growing demand for personal care products with the concerned grooming and self-care population is expected to increase the market growth.

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Market Segmentation
The Global Microcrystalline Cellulose Market is segmented as per the raw material, end-user, and region.

There are only two raw material sources available, namely wood based and non-wood based. Out of these, the non-wood based raw material source is likely to dominate the market due to the excessive demand for synthetically produced and cheap products.

Based on End-User, the market is segmented into pharmaceuticals, food & beverage, cosmetic & personal care, and others.

Regional Analysis
The Global Microcrystalline Cellulose Market is segmented into five key regions namely North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America is the major contributor to the market growth due to the increasing food & beverage industries. The increasing number of pharmaceutical and food & beverage industries in this region in expected to fuel the market growth in near future. The regulatory association named the U.S Pharmacopeial Convention has identified Microcrystalline Cellulose as an excellent excipient, which has propelled the market growth. The U.S contributes significantly to the market share in terms of revenue followed by Canada. Europe is another substantial region contributing to the market growth owing to the pharmaceutical and cosmetic industries in this region. Asia Pacific is expected to hold a considerable share of the market in coming years. Countries such as China are concentrated to the production of Microcrystalline Cellulose due to the low raw material and labor cost. The U.S is the major producer of Microcrystalline Cellulose followed by China.

In Latin America & Africa, the growing medical support and availability of pharmaceutical at ease is expected to fuel the market growth during the forecast period. However, poor health and safety standards may hinder the market growth in this region.

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Gallium Nitride Market 2018: Trends, Size, Share, Growth and Forecast 2023

Market Overview
Gallium Nitride is majorly used in the production of semiconductors, LEDs, and RF devices. GaN is widely accepted as green technology across most of the industries due to the properties such as high thermal stability, low power consumption, temperature resistance, and high voltage breakdown. Additionally, the GaN devices are smaller in sizes and lighter in weight, which further drives the market growth. The unique properties of GaN and its low cost over silicon have been the major driver of the global market and is expected to continue growing in the near future.

The major applications of GaN devices in the end-user industries such as automotive, consumer electronics, defense and aerospace, and others are the drivers of the market growth. However, the demand for the lightweight automotive with improved efficiency consumes a significant amount of GaN. Furthermore, the consumer electronics industries favor the market growth due to the increased use of GaN in smartphones, laptops, television, and others. GaN LEDs are a threat to conventional lights owing to their power efficiency, energy consumption, luminosity coupled with environmental concerns. However, limited availability of gallium nitride may hinder the market growth during the review period 2017-2023.

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Market Segmentation
The Global Gallium Nitride Market is segmented into Type, End-Use Industry and Region.
Based on the Type, the GaN market is divided into p-type and n-type. Among these two types, n-type is projected to lead the market on account of easy availability and cheap cost. However, p-type GaN is going through patent processes undertaken by many leading players and is not being fully commercialized as of 2016. Therefore, p-type gallium nitride is holding the least share in the global gallium nitride market.

The End-User Industries of Gallium Nitride are segregated into automotive, consumer electronics, defense and aerospace, healthcare, industrial & power, and others. The automotive industry is the leading segment due to the excessive use of Gallium Nitride in electric vehicles, locomotives, and traffic signals. According to Statista, the global passenger car production was estimated to hit 78.6 million units in 2017. This trend is going to persist in coming years and is expected to fuel the market growth during the forecast period.

Regional Analysis
The Global Gallium Nitride Market is segmented into five major regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia Pacific is expected to witness a healthy market growth during the forecast period due to the availability of raw materials and the increasing demand for consumer electronics. North America and Europe are the leading contributors to the gallium nitride market. Countries like the U.S., Canada, and Mexico contribute due to the increased standards of lifestyles. With growing technological advances in defense, military and space science, North America and Europe are expected to be the major contributor to the market growth in coming years.

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Activated Alumina Market 2018: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Active Alumina is used in various end-user industries such as oil and gas, healthcare, plastic industry, and water treatment industry among others. The growing demand from the developing region are the major factors driving the global market of Active Alumina. The growing GDP in the Asia Pacific region has augmented various sectors such as water treatment, healthcare among others, which is significantly contributing to the growth of the region. Moreover, the growing population in the region has surged the demand for clean water, in turn, adding to the demand for active alumina owing to its extensive use to remove fluoride in the water treatment plants.

Market Segmentation
The Global Activated Alumina Market is segmented into the application and end-user industry. On the basis of the application, the market is segmented into catalysts, desiccants, fluoride adsorbents, bioceramics, and others. On the basis of the end-use industries, the Global Activated Alumina Market can be further bifurcated into oil & gas, water treatment industry, plastic industry, healthcare, and others.

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Market Scenario
Among the various segments, the fluoride absorbent followed by the catalyst application is estimated to be the largest market in 2016 and is expected to continue its dominance over the forecast years. The growing use of activated alumina as a catalyst in the plastic and oil & gas industries is majorly contributing to the growth of the segment. The fluoride adsorbents are extensively used in the water treatment facilities across the globe. Various government regulations for treatment of wastewater coupled with the growing demand for clean water from the overpopulated countries is significantly spurring the demand. Moreover, the rising research and development in the healthcare sector have propelled the bioceramic applications majorly in dental and bone surgeries. On the basis of the end use industry, the water treatment segment holds the major share of the Global Activated Alumina Market. The rising demand for safe water from the residential as well as industrial sector is the key factor leading to the market growth.  Furthermore, oil & gas and plastic industry are also anticipated to propel the market growth, especially in the developing countries such as China and India among others.

Regional Analysis
The Global Active Alumina Market is spanned across five key regions: Europe, North America, Asia Pacific Latin America, and the Middle East & Africa. Among these, the Asia Pacific followed by Europe and North America are the major regions adding to the demand for active alumina. The growing oil and gas related activities in North America coupled with the growing regulation for the treatment of water is expected to drive the market growth. The major countries contributing to the growth are the U.S. and Canada. The European activated alumina market is mainly driven by the developed healthcare and water treatment industries.

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Thursday 22 March 2018

Technical Ceramics Market 2018: Trends, Size, Share, Growth and Forecast 2023

Technical Ceramics are used in a wide range of end-use industry application owing to their excellent properties such as chemical & heat resistance and mechanical stresses among others. It is extensively used in applications such as medical devices, transport equipments, sports equipments, armour material, circuit carriers and others. The rising growth pharmaceutical and automotive industry across the globe is substantially affecting the growth of the technical ceramics market.

The Global Technical Ceramics Market is being driven by a range of application in various end-use industries such as automotive, energy & power, pharmaceuticals, military & defense and other. Moreover, it is estimated that the electrical and electronics industry is set to witness the highest growth due to the growing consumption in applications such as core materials, circuit carriers, and ceramic substrates in the forecast period, 2017-2023.

Market Segmentation
The Global Technical Ceramics Market is segmented into product type, material, and end-user. On the basis of the product type, the market is segregated into monolithic ceramics, ceramic matrix composites, ceramic coatings and others. The market by material is segmented into oxide and non-oxide. The market by end user industry is further categorized into electronics & semiconductor, automotive, energy & power, pharmaceuticals, military & defense and others.

Market Scenario
The electrical and electronic segment followed by the automotive end-user segment are anticipated to observe a higher CAGR during the forecast period. The properties such as corrosion resistance, heat resistance makes the use of technical ceramics in applications such as sensors in cars, circuit carries and other electronics components.

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Competitive Analysis
Some of the prominent players operating in the Global Technical Ceramics Market CeramTec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials (U.K), Saint-Gobain Ceramic Materials (U.S.), McDanel Advanced Ceramic Technologies (U.S.), 3M Company (U.S.), Rauschert Steinbach GmbH (Germany), Dyson Technical Ceramics Limited (U.K), Superior Technical Ceramics (U.S.),  and NGK Spark Plug Co., Ltd. (Japan) among others.

Regional Analysis
The Global Technical Ceramics Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at a considerably higher CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the electronics and automotive among others, which, in turn, is anticipated to fuel the demand for technical ceramics in the region. Moreover, the growing demand for energy has augmented the power sector industry, mainly in India and China which in turn is expected to positively affect the growth of the market.

The European region is estimated to witness a significant growth in the countries owing to the burgeoning pharmaceutical and automobile industry. The increasing use of technical ceramics owing to its enhanced strength, chemical and heat stability among others has increased the adoption rate in the region. Moreover, the growing application in the environmental engineering coupled with the increase government participation in the conservation of environment is further burgeoning the usage of the product in this region.

The North American Technical Ceramics Market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries such as automotive and electronics coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing investment in energy and defense sector is further expected to add fuel to the growth of the market.

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Marine Coatings Market 2018: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Marine Coatings are used in a wide range of applications owing to their excellent properties such as chemical resistance, corrosion resistance, and UV resistance, among others. The rising growth of the oil and gas and tourism industry across the globe is substantially affecting the growth of the marine coatings market.

The Global Marine Coatings Market has been driven by a range of application such as vessels, yachts, cruise liners, oil rigs, bridges, and other offshore structures. Moreover, it is estimated that the polyurethane resin segment is set to witness the highest growth due to its low VOC content, low-temperature flexibility, and high corrosion & abrasion resistance among others which makes it ideal for various marine coatings applications.

Market Segmentation
The Global Marine Coatings Market is segmented into resin type, product type, and application. On the basis of the product type, the market is segregated into anti-corrosion marine coatings, antifouling coatings, and others. On the basis of resin type, the market is bifurcated into epoxy, alkyd, polyurethane, and others. The market by application industry is further categorized into cargo ships, passenger ships, boats, and others.

Market Scenario
The cargo ship application segment is anticipated to observe a higher CAGR during the forecast period. The growing international trade has augmented the demand for cargo ships which in turn is the major factor positively affecting the market growth.

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Competitive Analysis
Some of the prominent players operating in the Global Marine Coatings Market PPG Industries (US), AkzoNobel (Netherlands), Hempel (Denmark), Sherwin-Williams (US), Jotun (Norway), Chugoku Marine Paints (Japan), Nippon Paint (Japan), Kansai Paint (Japan), Axalta (US), and BASF SE (Germany) among others.

Regional Analysis
The Global Marine Coatings Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an exponential CAGR. The presence of the most populated countries in the world such as India and China has augmented the demand for energy which, in turn, has boosted the use of marine coatings in the oil and gas industry.  Moreover, the development of Chabahar in Afghanistan is expected to increase the inflow and outflow of goods from India which in turn will substantially contribute to the growth of marine coatings market during the forecast years. Furthermore, the emergence of China has a major shipping hub coupled with the development of ports in the region are other factors contributing to the market growth.

The European region is estimated to witness a significant growth in the countries owing to burgeoning oil & gas and tourism industry. The growing shipping industry coupled with the increasing demand for cruise liners and yachts are other factors adding to the market growth.
The North American Marine Coatings Market is mainly driven by the U.S. and Canada. The developed industries in the U.S has contributed to substantially to the inflow and outflow of goods from the region, in turn propelling the shipping trade which is another factor driving the market growth of marine coatings.

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