Friday, 29 June 2018

High Performance Polyester Market 2018 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

High Performance Polyester Market – Market Overview
Polyesters with added properties such as high durability, excellent tensile strength, excellent elasticity, high shock absorption, good corrosion resistant, high moisture resistance, and high chemical inertness are known as High Performance Polyester. High Performance Polyester is widely preferred over metals and glass due to its wide applications in different end-use industries such as packaging, building & construction, electrical & electronics, automotive and others. High Performance Polyester finds applications as strap, tape, insulation, gelcoat, films and others.

Amongst the Application Segment, films accounted to hold the largest market share of the Global High Performance Polyester Market in 2017 owing to strong demand from different end-use industries such as pharmaceuticals, cosmetics, and packaging. Insulation and gelcoat application segments also expected to witness high demand from building & construction and automotive industry respectively over the forecast period. Packaging industry held the major market share over other end-use industries in 2017 owing to its eco-friendly and recyclable nature and strong demand and expected to continue growth over the forecast period.

Asia Pacific is estimated to be the largest market for High Performance Polyester followed by Europe and North America on account of increasing demand in end-use industries such as packaging, building & construction, electrical & electronics, automotive and others. Low labour cost, high economic growth rate, and competitive manufacturing costs are the factors contributing to the growth of High Performance Polyester Market in Asia Pacific. Europe is expected to witness a moderate growth over the forecast period and the growth is attributed to mainly come from the packaging industry for recyclable polyester products. North America is expected to witness a significant demand of high performance polyester during the forecast period from the electrical & electronics and growing usage of straps and tapes in packaging industry. Latin American countries such as Colombia, Chile, and Brazil are also projected to witness steady growth with the expansion of packaging and automotive industries in these countries. The Middle East & Africa is likely to witness notable demand of High Performance Polyester from the growing construction industry on account of the ongoing infrastructural projects to flourish tourism industry.

High performance polyester Market – Competitive Analysis
The global market of High Performance Polyester is a lucrative market is expected to expand at an encouraging CAGR during the forecast years. The major strategies adopted by key players are expansion, collaborations or partnerships and product launch. In order to meet regulations, set by various bodies of respective regions, manufacturer is entering into agreement with raw material supplier to maintain profit across the value chain. In highly competitive market, companies are investing more in innovations and brand building thereby, fostering the strong relationship with customer. On other hand, major players are carrying out research & development activities to improve the properties of High Performance Polyester.

Industry/ Innovation/ Related News:
December 2017- BASF SE and Sinopec have signed a 50-50 joint venture to expand polyester intermediates (Neopentylglycol) production in Verbund site. The expansion is aimed to double the production capacity of Neopentylglycol (NPG) to 80,000 tonnes per annum by 2020 and be in line with the trend towards environmentally friendly products. NPG is a building block in polyester resins for coatings, unsaturated polyester and alkyd resins, lubricants and plasticizers. It is a polyalcohol offering high performance in many end-use applications such as powder coatings, textiles and construction due to its high chemical and thermal stability.

October 2012 - Solvay Specialty Polymers USA, LLC, has expanded the High Performance Polyester line by launching a new high-performance polyester compound under the Lavanta® tradename that delivers higher heat resistance, greater light stability and longer life than competitive materials for light-emitting diode (LED) televisions. Lavanta® is a 15% glass fiber-reinforced injection molding compound that utilize surface mount technology, which shows high reflectivity (greater than 95%) with excellent whiteness retention even after thermal and light aging. This gives it excellent reliability for LEDs that operate at high junction temperatures.

August 2013 - The Teijin Group announced that its high-performance polyester under the tradename NANOFRONT have been selected for use in high-quality comforters and pillows for First and Business Classes in All Nippon Airways (ANA). Teijin's NANOFRONT high-strength polyester nanofiber measures just 700 nm in thickness and shows excellent heat-insulating and heat-retaining properties.

May 2017- Jindal Films Americas (JFA) has announced to expand its high-performance films business by including the polyester films segment for flexible packaging and labeling. The new polyester unit will be located at the Americas headquarters in LaGrange, GA and is expected to start operation from early 2019. The polyester unit is projected to have capacity of 65,000 MT of film and the project is estimated to have investment of $120 million USD. The unit would be composed of two lines consisting both thin specialty and thick specialty films. Jindal Films Europe is also considering a similar expansion in its region. The Europe polyester film project is expected to be completed by first quarter of 2018, doubling the current capacity of the Americas division of Jindal Films.

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Diacetone Alcohol Market | Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2023

Diacetone Alcohol Market – Market Overview
The Global Diacetone Alcohol is estimated to reach USD 1.5 billion by 2023 with projected CAGR of 4.85% during the forecast period. Diacetone Alcohol is oxygenated solvent produced by adol condensation of acetone. It is derivative of alcohol found in plant known as sleepy grass. They possess superior properties such as colorless, odourless and highly soluble with low evaporation rate. Due to aforementioned properties, they are used in numerous application such as paints & coatings, textile, automotive and oil & gas among others.

Though Diacetone Alcohol Market is niche segment, they have some of the positive factors driving the market growth. On of them is rising demand of solvents in paints & coatings industry. Diacetone Alcohol is used as one of the key raw material for manufacturing of solvents. Solvents occupy more than two third of market share in paints & coating industry which is expected to reach more than USD 200 billion markets. On the other hand, rising construction activities and increasing environmental regulatory pressure for usage of eco-friendly solvents are likely to propel the market growth.

The market is of USD 449.3 million by 2016 and estimated to grow at fastest CAGR during assessment period segmented into application and end use industry. On basis of application, the market is segregated into solvents, chemical intermediates, cleaning, drilling fluids, preservatives and others. Solvents account for largest market. Rising demand for solvents in dyes and textiles coupled with growing consumer products such as adhesives, printing inks and paint removers are likely to fuel the product demand in solvents. Chemical intermediates segment is trailing behind solvents segment due to growing non-specific solvent application along with production of methyl isobutyl ketone (MIBK) used as solvents. Based on end use industry, the market is divided as paints & coating industry, oil & gas, textile, and automotive among others. Rising infrastructure activities along with high demand of renewable solvents in paints & coating industry are expected to drive the market growth. Paints & coatings industry segment is anticipated to witness fastest growth on account of growing demand of bio-based paints & coatings in building & construction industry and automotive industry. Textile and automotive industry is trailing behind paints & coatings segment.

Among regions, Asia Pacific region is leading market followed by North America and Europe. Robust growth of automotive and paints & coatings industry is expected to drive the market growth. China and India are leading countries accounting for more than 65% of market share in this region. Rapid urbanization coupled with rising disposable income are likely to drive the market growth. Growing demand for modern construction arts with sustainability principles are further anticipated to augment the product demand. North America is second most prominent industry and witness considerable growth during forecast period. Increasing number of household with dual income are anticipated to stimulate the growth of Diacetone Alcohol Market. Europe witnessed significant growth on account of presence of considerable number of producers coupled with growing exports.

Diacetone Alcohol Market – Competitive Analysis
The Diacetone Alcohol Market is highly fragmented market with presence of tier 1 players as well as presence of small sized players in regional market. The major players operating in the market are either adopting strategic alliance for sustainability development. These strategies include acquisition, partnership or collaboration, product launch and expansion. The Global Diacetone Alcohol Market is operating at growth stage in life cycle and expected to maintain its stats through the assessment period. Although Diacetone Alcohol is niche segment in acetone market, key players are expanding oxygenated solvent business to maintain the market share. Few players are also collaborating across value chain to maintain profit share. Arkema and Solvay are two major players operating in the Global Diacetone Market and account for one third of market share. For instance, Solvay is leading manufacturer in oxygenated solvents and phenol derivative majorly in Latin America.

Industry/ Innovation/ Related News:
October 2015 – SGBio is leading producer of n-butanol. Since 2014, the company is under collaboration between GranBio and Rhodia, a Solvay Group Company. This compound is basically used for manufacturing of paints and solvents. In October 2015, SGBio acquired assets from Cobalt Technologies which offers continuous process to effectively produce non-feedstock into bio-butanol. Cobalt Technologies are leading developer of n-butanol, acetone, ethanol and butene from natural ingredient like biomass. With rising demand for eco-friendly products and stringent government regulation, company has strengthened its position into green development with bio-butanol and bio-acetone production.

October 2015 – Rhodia, a Solvay Group Company, launched the Solsys brand in line with wide range of products by also adding items sold under Rhodiasolv brand previously.  The company has large portfolio in oxygenated solvents covering all current and future environment trends including chemical families such as acetone, ketones, alcohols, glycols and keto-alcohol. The main product line is Augeo® which is oxygenated solvent based on renewable source for paints and varnishes, leather and wood. The product is mainly derived from Brazilian biodiesel and act as competitive alternative to conventional solvents. Although, major players in market are focusing on sustainability development principles, entering in eco-friendly systems benefit the company’s position for long term profit.

August 2013- GranBio and Rhodia, a Solvay Group company, signed an agreement to produce n-butanol from biomass. GranBio, is leading Brazilian Technology Company, focusing on biofuels and biochemicals. In early 2014, company started world’s first second generation biomass-based ethanol plant in Brazil. Under this partnership, company builds biomass-based n-butanol production which enter into production in late 2015. This plant uses same raw material such as straw and bagasse which is abundant in Brazil.

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Acrylic Based Elastomers Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2018-2023

Acrylic Based Elastomers Market – Market Overview
Acrylic Based Elastomers are the polymers containing acrylic acid alkyl ester.  These elastomers possess excellent resistance to heat and oil. Methods used for the preparation of elastomers are emulsion and suspension polymerization. Acrylic Based Elastomers find wide applications in end-use industries such as automotive, paint & coatings, plastic & composite, adhesives & sealants, construction, industrial, textile, paper & paperboard and other. However, high production cost is likely to hamper the market growth during the forecast period.

Acrylic Based Elastomers Market are segmented based on forms into polyacrylates and ethylene acrylate. Polyacrylates hold the major market share under the form category due to strong demand from automotive industry and is expected to continue growth during the forecast period. Amongst the different end-use industry, automotive industry accounted for the largest consumption followed by paints & coatings and plastic & composites in 2017 owing to the wide application of acrylic elastomers and superior properties such as excellent resistance to engine oils, petroleum based lubricants, transmission fluids, and aliphatic hydrocarbons. Construction industry is expected to show the fastest growth over the forecast period due to growing residential and non-residential construction activities across the globe.

Asia Pacific accounted to be the largest market of the Global Acrylic Based Elastomers in 2016 both in terms of value and volume due to growing economy and strong demand from automotive and construction industry and is expected to continue growth during the forecast period. North America emerged as second largest market for Acrylic Based Elastomers in 2016 due to high demand of paints and coatings from the construction industry and is expected to witness significant growth during the forecast period. Europe is another major market of the Acrylic Based Elastomers on account of huge demand from the regional automotive industry and is expected to ensure steady revenue source to the Acrylic Based Elastomer Market during the forecast period. Furthermore, the Middle East & Africa and Latin America is expected to register a progressive growth over the forecast due to growing industrial infrastructure and constructional projects across these regions.

Acrylic Based Elastomers Market – Competitive Analysis
The global market of Acrylic Based Elastomers is a lucrative market is expected to expand at an encouraging CAGR during the forecast years. The major strategies adopted by key players are expansion, collaborations or partnerships and product launch. In order to meet regulations, set by various bodies of respective regions, manufacturer is entering into agreement with raw material supplier to maintain profit across the value chain. In highly competitive market, companies are investing more in innovations and brand building thereby, fostering the strong relationship with customer. On other hand, major players are carrying out research & development activities to improve the properties of Acrylic Based Elastomers.

Industry/ Innovation/ Related News:
March 2011 – DuPont and Evonik signed a license agreement for accessing Evonik's patented multi-shot 2K molding technology for nylon 6, 6 and nylon 6. The technology enables primeless adhesion of elastomer to plastic, eliminating the adhesives or solvents and pre-treatment processes. The proposed agreement likely to complement technology utilization of both company. As per the industry experts, this agreement likely to result into greater automation along with enhanced quality control.

July 2017- Arkema announced to expand its bio-based thermoplastic elastomers (TPEs) production to double its original capacity with investment of €300 million over the next five years. The expansion is focused on Arkema’s amino 11-based Pebax RNew TPEs.

July 2017- Dow Elastomers announced to expands its products and facilities with three new Nordel products and two new production facilities. According to company experts, the new extra-fast-cure (XFC) Nordel grades will enable auto parts manufacturers and brand owners to make higher-performing weatherstrip parts along with satisfying consumer demand for lighter weight, safety and aesthetics. The new grades are Nordel 6555 OE for manufacturing of sponge weatherstrip ,Nordel 6565 XFC EPDM for manufacturing of dense/microdense weatherstrip, and Nordel 6530 XFC for manufacturing of corner injection molds. The Nordel XFC grades are extremely high-quality, low-gel polymers that provide the optimum balance of surface sealing, part strength and improved elastic and compressive properties. With the new XFC grades and advanced molecular catalyst technology, Dow now has as broad a portfolio as possible, serving multiple markets across the globe. According to company experts, the XFC grades is likely to deliver high-end surface finish by providing overall improvement in surface quality; Meet requirements to dampen vibrations, isolate road noise and prevent wear, improve fuel efficiency by reducing weatherstrip weight by up to 15 percent.

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Thursday, 28 June 2018

Water-Based Coatings Market 2018 | Key Players, Industry Segments, Opportunities, Forecast Report 2023

Market Insights

Water-Based Coatings are an eco-friendly option which along with their strong performance capabilities are expected to be key drivers of growth for the Global Water-Based Coating Market.
Some characteristics include ease of application, high resistance to heat & abrasion, and excellent adhesive capabilities. Market Research Future (MRFR) has just released its latest report on the subject and predicts a steady CAGR during the forecast period of 2017 to 2023.

Water-Based Coatings have a vast number of applications in end-use industries such as construction, automotive and electronics. Incidentally, these are some of the most rapidly growing industries globally, and this affects positive growth for the market.

Oscillating costs of raw materials and the relatively high price-point of Water-Based Coatings is expected to challenge market growth. However, growing concerns for the environment and encouraging government support for the use of eco-friendly alternatives such as Water-Based Coatings is expected to fuel market growth during the forecast period. Several countries have passed laws regulating or banning the use of solvent-based coatings. Additionally, the wide range of application combined with the superior performance of products in the market is expected to facilitate healthy market growth.

Key Players

Prominent manufacturers in the market have been analyzed to determine the strategies that affect the competitive landscape. Key players in the Global Water-Based Coatings Market who have been profiled in the report include Jotun, Sika AG, Tikkurila Oyj, Chenyang Waterborne Paint, The Valspar Corporation, AkzoNobel N.V., Axalta Coating Systems, BASF SE, Berger Paints India Limited, Kansai Paint Co. Ltd., Nippon Paint Company Limited, PPG Industries Inc., Rpm International Inc., The Sherwin-Williams Company and Asian Paints.

Latest Industry News
Government authorities in various Chinese cities have issued an order for industries to replace solvent-based coatings with water-based alternatives. Cities such as Shanghai, Tianjin, Nanjing, Zhongshan, and Taizhou have either begun planning or have put measures in place to comply with the order. For instance, in Shanghai, solvent-based coatings have been banned in construction projects. Meanwhile, in Tianjin, the vehicle maintenance industry has been ordered to replace solvent-based coatings by 1st October 2018 and Zhongshan have put measures in place which prohibit the production of paints with over 200g/l of VOCs.

Market Segmentation

The global market for Water-Based Coatings is broadly segmented by product type, resin type, end-use industries, and region.

By Product Type, the market has been segregated to include water-soluble paints, colloidal coatings, emulsions/latex paints, and water-based alkyds.

By Resin Type, the market has been divided into acrylic, formaldehyde, polyurethane, alkyds, epoxy, and others.

By End-User Industries, the market has been segmented to include building & construction, automotive, electronics, marine, paper & packaging and others. Building & construction leads with the most significant share of over 30%.

By Region, the global market is divided into North America, Latin America, Europe, the Middle East & Africa and the Asia Pacific.

Regional Analysis

The Asia Pacific is the strongest contender for the market leader during the forecast period due to the increased demand for application in growing construction activities and the automotive industry. The requirement for eco-friendly and efficient products in emerging economies is expected to drive robust growth for this region.

North America and Europe are the second and third largest regional market segments respectively. The demand for eco-friendly products in developed countries of these regions is a key driver of market growth. Moreover, the ongoing development of infrastructure in these regions and globally growing demand for automobiles is expected to encourage market growth during the review period.
The growing automotive industry in Latin America, namely, Mexico, is predicted to motivate growth for the Water-Based Coating Market in the area.

The presence of rapidly developing countries such as Saudi Arabia, U.A.E, and Qatar are driving significant growth for the Water-Based Coatings Market in the Middle East & Africa. These countries have a high level of construction activities which fuel market growth.

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Calcium Silicate Market 2018 | Global Industry Share, Segments & Key Drivers, 2023

Market Overview:

Calcium Silicate is a free-flowing white powder derived from diatomaceous earth and limestone. Though Calcium Silicate occurs naturally due to its abundance in rocks and mineral ores, it is synthetically produced to maintain the purity of the compound. It exhibits various properties such as low bulk density, high melting point, and high physical water absorption. The various applications of Calcium Silicate include building materials, insulation, sealants, food additive, pharmaceuticals, and others. It is a raw material for manufacturing low-density building materials such as bricks, tiles, building boards, and fireproof ceilings.

The increasing demand from infrastructure sector is the major driver of the Global Calcium Silicate Market. Regulations implemented by regulatory bodies such as Occupation Safety & Health Act, 1970 (OSHA) and National Institute for Occupational Safety & Health on building structures for provision better, safe and hazard free work environment which is expected to propel the market growth. The extensive use of Calcium Silicate as insulation in various industrial grade equipment such as blast furnace and pipes due to its higher resistance to heat is another factor augmenting the market growth. It is an excellent substitute for asbestos due to its passiveness towards the fire. Moreover, usage of Calcium Silicate as a sealant is likely to fuel the market growth during the assessment period. If applied on cured concrete, it reacts chemically to form Calcium Silicate hydrate, which seals the micropores and makes the material impermeable. Furthermore, the product is used as an anti-caking agent in food preparation and has been approved by United Nations’ FAO and WHO. The compound is also identified as an external analgesic & skin protectant in the OTC-Active Ingredient Status Report. The increasing demand for the product in the food and pharmaceuticals industries is likely to propel the market growth. Also, the product finds its application in manufacturing of paints & coating materials and fertilizers & insecticides, which are expected to further fuel the market growth due to the high demand from the construction and agriculture sector.

Segmentation

The Global Calcium Silicate Market is segmented on the basis of the Application and Region.

Based on the Application, the Global Calcium Silicate Market is segmented into building materials, insulation, sealants, food additive, pharmaceuticals, and others.

Regionally, the Global Calcium Silicate Market is segmented into five regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Regional Analysis

The Global Calcium Silicate Market is spanned across Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The Asia Pacific is anticipated to be the leading region in the Global Calcium Silicate Market due to high demand from the construction sector during the review period. The growing urbanization and infrastructural demand from developing nations such as China and India are driving the market growth in this region. Moreover, the high demand for the product as an insulating material in almost every industry is another factor fuelling the market growth in this region. Moreover, the changing food consumption habits and growth of the food industry in this region is likely to propel the market growth. Availability of raw material and labor in these countries prove advantageous to the market growth. According to Economy Watch, China, Japan, Malaysia, and Vietnam are likely to experience double-digit industrial production growth rate, which calculates the performance of the major end-use industries such as mining, infrastructure, fertilizers, and pharmaceuticals.

Europe is expected to grow at a considerable CAGR due to the development in the construction sector. With the growing demand for green building materials along with their excellent properties such as moisture resistance, fire resistance, and long shelf life, the demand for calcium silicate is also increasing. Furthermore, the European Calcium Silicate Producer Association (ECSPA) aims to facilitate the sustainable competitive growth of the European construction products industry by promoting efficient housing and infrastructure solutions.

North America is another significant region in the Calcium Silicate Market due to its high demand for fireproof spray plasters in construction. The technological advancements are expected to fuel the market growth further, for instance, Thermal Pipe Shields (TPS) has announced to provide worldwide distribution of Calcium Silicate mechanical insulation in the U.S. market.

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Bio-Based Chemicals Market 2018 | Global Size, Segments, Growth and Trends by Forecast to 2023

Bio-Based Chemicals are derived from biological origin or biomass such as trees, plants, and animals. They are broadly classified into bioplastics and biofuels. Among these, biofuels dominate the market in terms of value owing to the increasing environmental concerns and recurrent fluctuation in crude oil prices. Various bioplastics produced from bio-based chemicals are polylactic acid, polyhydroxyalkanoates, bio-polyethyleneteraphtalate, and bio-polyethylene among others, which are mainly used for disposable items such as crockery, cutlery, pots, bowls, and straws.
The various applications for Bio-Based Chemicals Market include industrial chemicals, agriculture, pharmaceuticals, food products, and others. The industrial chemicals segment is likely to dominate the market during the review period due to their extensive demand from various end uses such as engineered polymers, composites, additives, and others. The agricultural segment is anticipated to grow at a higher CAGR due to its wide range of applications such as biopesticides and biofertilizers.

The increasing demand for high crop yield and the disease-free crop is likely to drive the market positively. Moreover, the increasing demand for pharmaceuticals and personal care products is expected to propel the bio-based chemicals market. The use of Bio-Based Chemicals as a food supplement and nutrient is another factor driving the market. The stringent governmental regulations against synthetic chemicals such as Bio-Preferred Program and Registration, Evaluation & Authorization of Chemicals (REACH) among others are favoring the demand for the product. However, the high prices of Bio-Based Chemicals and food safety issues may prove to be a challenge to market growth.

Segmentation 
The Global Bio-Based Chemicals Market is segmented on the basis of the Products, Applications, and Region.

On the basis of the Product, the Global Bio-Based Chemicals Market is segmented into bioplastics and biofuels.

Based on the Application, the Global Bio-Based Chemicals Market is segregated into industrial chemicals, agriculture, pharmaceuticals, and others.

Regional Analysis

The Global Bio-Based Chemicals Market is segmented into five key regions Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The Asia Pacific is anticipated to dominate the Global Bio-Based Chemicals Market due to the highest production and consumption of the product in this region. Countries such as India, China, and Japan are the major contributors to the market growth due to government policies for designed to favor sustainability, escape price volatility in petroleum-based products, and increased use of eco-friendly products. A recent study from the DuPont Green Living Survey: India conducted by Taylor Nelson Sofres (TNS) Global, found that majority of Indian consumers are familiar with green products and concluded that green products are better for the environment, and feel that bio-based ingredients enhance the desirability of a product. Availability of raw materials coupled with technological advancements is likely to propel the market growth in this region.

Europe is the second largest region in the Global Bio-Based Chemicals owing to the increasing development of value chains with bio-based feedstock, i.e., bio-refineries and biochemicals production. Depletion of natural resources, rising prices of crude oil, and stringent government regulations are the major drivers of the market in this region.

North America is expected to grow at a higher CAGR due to the availability of low cost and abundant feedstock, shifting focus on the use of environment-friendly products, and implementation of several government policies.

Latin America is anticipated to witness a significant growth of the Bio-Based Chemicals Market due to the high production in Brazil and exportation to European countries. For instance, the sugarcane-based bioethanol production coupled with climatic factors and government policies is driving the market growth in this region.

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Wednesday, 27 June 2018

Magnesium Oxide Market 2018: Company Profiles, Market Segments, Landscape and Demand by Forecast 2023

Market Highlights:

Global Magnesium Oxide Market was valued at USD 3,934.5 million in 2017 and is predicted to flourish with a CAGR of 5.34% to reach USD 5,376.4 million by the end of 2023. Growth in this market is attributed to the rising industrialization across the globe. Regions such as Asia Pacific and Latin America are gaining major attention by the industry players due to the rising foreign direct investments in the industrial sector. As per our analysis, Asia Pacific is considered to be the largest market due to the increasing scope of refractors in the developing industries.

Segment Analysis
The Magnesium Oxide Market is fragmented on the basis of product type, application, and region. On the basis of type, the market is segmented into DMB, CCM, and FM. The market on the basis of the application is segmented into refractory, agriculture, chemical intermediates, construction, and others. The refractory segment is further segmented into steel, ceramics, glass, and others. Under agricultural application segment, the market is sub-segmented into fertilizers and animal feed. On the basis of the region, the global market is spanned across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Refractory application segment emerged as the industry leaders in product basis with over 52% of global share and at a significant CAGR of 5.06%. Fused magnesia and dead burned magnesia are extensively use in the refractory applications due to their excellent temperature resistivity. Moreover, the growing demand for refractory material in the industries such as iron & steel, glass, and ceramics is prominently contributing to the growth of this segment. Among the mentioned industries, Iron and steel accounted for a share of over 65% in 2016. The agricultural industry was the second largest application industry for magnesium oxide in 2016 and is expected to exhibit the same trend during the review period. The growing use of fertilizers coupled with the increasing demand for animal feed is contributing to the segment growth.

The DBM product type is forecasted to be the leading one and is anticipated to reach a market share of US$ 3614 million by 2023. Dead-burned magnesia has excellent temperature resistivity ranging from 1500-2000 degree Celsius which paves their way into many industries such as iron & steel, ceramics, and glass manufacturing.

Regional Analysis
The Global Magnesium Oxide Market is spanned across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. According to the MRFR analysis, Asia Pacific was the most promising region both in terms of market volume as well as market value as of 2016 and is anticipated to show the same trend during the forecast period. The region anticipates growth in terms of both value and volume at a CAGR of 5.64% and 5.32% respectively during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape analysis of key vendors.

This research report provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion.
Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Magnesium oxide, including the high-growth regions and their political, economic and technological environments. Furthermore, the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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Fluorochemicals Market 2018: Research, Share, Competitor Strategy, Industry Trends and Forecast to 2023

Fluorochemicals Market – Overview
Rapid developments witnessed in the cooling solutions market has given way to augmented demand in the Fluorochemicals Market. Market focused reports associated with the chemicals & materials industry among others of late have been made available by Market Research Future which generates reports on this industry. The market is projected to develop at an enhanced pace due to an encouraging CAGR in the forecast period.

The thermal efficiency and chemical resistance properties of Fluorochemicals have given way to increase in the market share over the past few years. The use of Fluorochemicals in food processing, transport refrigeration and air conditioning applications been fuelling the demand of the market at an incremental pace in the forecast period. The market is poised to especially benefit from the developments being carried out in the market. Rising concerns related to the environmental damage caused by the use of fluorochemicals is expected to restrain the progress of the market by the year 2023.

Industry Segments
The Fluorochemicals Market is segmented into application and product. On the basis of the product, the segmentation comprises of fluorocarbons, fluoropolymers, inorganics & specialties. Among these segments, the Fluoropolymers segment holds a bulk of the market share due to the incredible features of the product such as heat stability, durable nature, and strength. The fluorocarbons segment is projected to observe moderate development in the market due to the hazardous impact generated by the product. The market by application includes aluminum, electrical & electronics blowing agents, automobile, refrigeration, and others. The refrigeration segment accounts for a major share of the market due to the growing installation of HVACs systems. Additionally, the aluminum segment is set to develop at a higher rate in the market owing to rising demand for lightweight materials in making electric poles and bridges. Therefore, the rising intake of sodium fluoride as an additive in tooth paste is expected to drive the market in the assessment period.

Detailed Regional Analysis
The Fluorochemicals Market is segmented into regions such as Latin America, Asia Pacific, North America, Europe, and the Middle East & Africa. Among these regions, the North American region holds the main share of the market owing to the rising consumption of fluoride materials in blowing agents, aluminum, refrigeration, and others. The refrigeration division holds the major portion of the market is owing to rising consumption of cooling agents in the industry. Thus, this segment is anticipated to observe a rapid growth in the market during the forecast period. Therefore, nations such as the Canada, U.S., and Mexico are the main players in the market. The European market has perceived remarkable growth owing to increasing investments in health care and dental care sectors. It is likely that the growing technological and innovation improvements are forecasted to push the growth in the countries such as Germany, Italy, U.K., and France during the forecast period.
Furthermore, the Middle East & Africa region is projected to witness a higher growth in the market owing to intensifying demand for fluoride chemicals in aluminum, and automotive industries. The Latin American region is projected to observe development in the market owing to growing consumption of Fluorochemicals in electrical & electronics, refrigeration, and automobile industry.

The Asia Pacific region is rising considerably owing to an amplified use of fluoride chemicals in automobile, refrigeration and electrical & electronics sectors. It is foreseen that the rising population and increasing per capita income in the region will possibly drive the market during the forecast period. The mounting usage of fluoride chemicals in the automobile and electrical & electronics industries has pushed the nations such as Japan, India, and China to attain stunning progress in the market.

Global Competitive Analysis
The tone for development in the market has been altered to a great extent with the entry of new players and the changes in the mode of functioning of the established players. The ability to withstand their competitive edge is one of the key factors fuelling their efforts in this period. The market has been led into a new period of growth as the market is normally in a state of mutability.
The room for development in the market seems to be promising through the forecast period. Portfolio development is being significantly endorsed by market competitors to achieve high growth rates.
Localization is among of the more favored trends for growing the market portion of the competitors in the market. The ripple effects of the market’s growth have altered the competitive backdrop of the market. The mounting interest in change within the business has ultimately permitted the businesses to apply many situations accessible in the market. The odds for growing revenue inflow in the business are likely to multiply through the forecast period.

The outstanding challengers functioning in the Fluorochemicals Market globally are Solvay (Belgium), Daikin Industries, Ltd. (Japan), Arkema (France), Air Products and Chemicals, Inc (U.S), Asahi Glass Co., Ltd (Japan), Gujarat Fluorochemicals Ltd (India), 3M (U.S) DuPont (U.S.), Halocarbon Products Corporation (U.S.),  and Mexichem S.A.B. de C.V. (Mexico) among others.

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Color Masterbatch Market 2018: Trends, Size, Share, Growth and Forecast 2027

Market Synopsis of Global Color Masterbatch Market

Color Masterbatch is a mixture of pigments or additives which are compressed during heat process into a carrier resin. Then the mixture is cooled and cut into granular shape. Masterbatch is solid additive which is processed to color raw polymer during plastic manufacturing process. There are three types of masterbatch which include white masterbatch, standard color masterbatch, black masterbatch, additive masterbatch and others. In which the black masterbatch accounted for largest market share of 30 % in 2015, with market value of USD 1,140 million and is projected to grow at the higher CAGR of 5.60% during forecasted period. Standard Color Masterbatch was the second largest market in 2015, valued at USD XX million in 2015, it is projected to grow at a CAGR of 5.91%.

On the Basis of Region, the market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. Globally, Europe holds largest market share with increase in development of application industry. Europe accounted for largest market share of 35% in 2015, with market value of USD 1,330 million and is projected to grow at CAGR of 5.91% during the forecasted period. Asia-Pacific was second largest market in 2015, valued at USD XX million in 2015 and is projected to grow at CAGR of 6.63%. However, Asia-Pacific is sharing highest CAGR of 6.63%.

Key Findings:

Europe accounted for the largest market share of 35.00% in 2015, with a market value of USD 1,330.0 million and is projected to grow at a CAGR of 5.91% during the forecast period
Black Masterbatch accounted for the largest market share of 30.00% in 2015, with a market value of USD 1,140.0 million and is projected to grow at a CAGR of 5.60% during the forecast period
Packaging accounted for the largest market share of 34.00% in 2015, with a market value of USD 1,292.0 million and is projected to grow at the highest CAGR of 6.42% during the forecast period

Reasons to buy

This report includes in-depth study analysis of Color Masterbatch market

It covers market segmentation by type, by application and by regions.

It helps in identifying region-wise major suppliers and understand consumption patterns.

The report will provide useful and premium insights that will support in investments of Color
Masterbatch and allied companies providing details on the fast-growing segments and regions.

In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report.

The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and supported by authentic industry data from secondary sources.

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Tuesday, 26 June 2018

Specialty Plasticizer Market 2018: Research, Share, Competitor Strategy, Industry Trends and Forecast to 2022

Synopsis of Specialty Plasticizer Market

The Global Specialty Plasticizer Market is expected to witness a significant growth of USD ~ 18,594.07 million by 2022 with CAGR of ~3% between 2016 and 2022.

Specialty Plasticizers are basically additives that increase the plasticity or flexibility after adding into the materials. Specialty plasticizers are also used to add features such as low temperature resistance, volatility-resistance and good electrical properties into leather, PVC films and electrical wires.
Specialty plasticizers are highly used in some PVC applications such as cables, PVC films, flooring, roofing and wall coverings. Specialty plasticizers are grouped into a number of categories such as phthalates, polymerics, aliphatics, epoxides, phosphates, trimellitates and others. Increasing in PVC demand and expansion of high and non-phthalates is likely to drive the global specialty plasticizers market growth.

Furthermore, In Europe ban by regulatory organizations on the use of some phthalates specialty plasticizers in toys and personal care products for children due to toxic affect which is known as endocrine disruption likely to hamper the global market growth of specialty plasticizers in the forecasted period.

Segmentation:
The Global Specialty Plasticizer Market is majorly segmented on the basis of type, application, and region. Based on type of specialty plasticizer the market is segmented into phthalates, trimellitates, aliphatic dibasic esters, polymeric, phosphates epoxides, and others. Based on application the market segmented into coated fabric, wire & cable, flooring & wall coverings, film & sheet, consumer goods, and others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

Key Players:
Key players of the Global Specialty Plasticizer Market are UPC Group (Taiwan), Eastman Chemical Company (US), Evonik Industries AG(Germany), BASF SE (Germany), Exxonmobil Corporation (US),   Shandong Qilu Plasticizers Co. LTD (China), Nan Ya Plastics Corporation (Taiwan), Aekyung Petrochemical Co. LTD (South Korea), Lg Chem LTD.(South Korea), Struktol Company of America (US) and others.

Regional Analysis:
Asia Pacific is the largest market of Specialty Plasticizer due to demand in various applications such as coated fabric, wire & cable, flooring & wall coverings, film & sheet, consumer goods, and others. China region has the largest specialty plasticizer market share followed by Japan. Increasing demand for applications of Specialty Plasticizer in the India, Taiwan, and South Korea has made Asia Pacific largest consumer of the Global Specialty Plasticizer Market followed by increasing in the consumption of Specialty Plasticizer Market in Europe. The third largest market of specialty plasticizer is North America. Latin America and Middle East also witnessed in growth of Specialty Plasticizer Market due to various application such as wire & cable, wall coverings, coated fabric, and others.

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Metal Fiber Market 2018: Trends, Size, Share, Growth and Forecast 2023

Synopsis of Metal Fiber Market

The Global Metal Fiber Market is expected to witness a significant growth with CAGR of ~7.9% between 2016 and 2023.

Metal Fiber also known as metallic thread or metallic fiber originate from metal, plastic coated metal, metal coated plastic or completely covered by metal. Additionally, they can resist high temperatures, abrasion and resistant to chemicals. In polymers Metal Fibers minimize breakage and chemical deterioration also Metal Fibers reduce static electricity and heat. Metallic Fibers are used in combination with other fibers in upholstery, clothing, and carpets and static electricity resistance.

Metal Fiber has found in various applications such as filtration, ESD/EMI protection, glass manipulation, heating, or other specialties. EMI shielded metal fibers products are a part of our everyday life. For instance, CPUs and circuit boards all use EMI coatings, laptop computers, desktop computers, tablets, mobile phones and more .Increasing in need to make high resistance to make more life of the product will increase the demand of metal fiber with the increasing requirements of end user industries such as automotive, textiles, plastic, glass, and others.

Regional Analysis
Geographically, North America region leads the Global Metal Fiber Market as it is huge manufacturing industry for aerospace and defense industry. However APAC is expected to fastest growing metal fiber market due to increase in demand of automotive and textiles industries.

Huge demand in various application such as filtration, ESD/EMI protection, hot glass manipulation, heating, or other specialties likely to drive the metal fiber market growth. Growing demand for automotive, textiles, plastic, glass, and other industries in China, Japan, India, and Indonesia has boosted the Metal Fiber Market demand.

Segment Analysis
The Global Metal Fiber Market is majorly segmented on the basis of types, application, end user and region. Based on types market is segmented into nickel, aluminum, copper, gold, silver, and others.

Based on application market is segmented into filtration, ESD/EMI protection, hot glass manipulation, heating, or other specialties, based on end user market is segmented into automotive, textiles, plastic, glass, and others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

Automotive and textile industries including applications like filtration, ESD/EMI protection, hot glass manipulation, continued to be the highest end use of metal fiber in the North America and APAC. Most metal fiber consumed by the glass industry to reduce deformations and scrap. Global market Metal Fiber is driven by demand from North America, APAC, Europe, South America and Middle East.

Key Players
Key players of the Global Metal Fibers Market are Bekaert (Europe), Toho Tenax America, Inc. (USA), Hollingsworth & Vose Company (USA), Carlisle Companies Incorporated (US), Magnetic Shield Corporation (USA), Dexmet Corporation (USA), Interstate Specialty Products (USA), and Others.

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GRE Pipes Market 2018: Share, Competitor Strategy, Industry Trends by Forecast to 2022

Synopsis of GRE Pipes Market:

The Global GRE Pipes Market is expected to witness a significant growth by 2022 with CAGR of ~4.2% between 2016 and 2022.

GRP Pipe can be used as pressure as well as gravity pipelines for water, industrial outflow, and sea water pipelines. These pipes are in use in cross country pipelines, sewerage disposal systems, sea water intake & return lines in power plants globally. This is a unique system of thermal & chemical resistance and have high mechanical properties which is made by the preference of highly performing components and acute designed structure.

The Global GRE Pipes Market has witnessed a positive growth over the recent past and is expected to keep to rise over the forecasted year. Unique properties of GRE pipes such as light weight, high performance and cost effective products in various end user industries like petrochemicals, oil & gas, power & energy and other industries have driven the global market for GRE Pipes.

 Regional Analysis:
Asia-Pacific has dominated the largest share in GRE pipes market. Major growth in Asia-Pacific GRE Pipe Market is due to the growth opportunities demands from end user industries like petrochemicals, oil & gas, power & energy and other industries followed by North America and Europe. Latin America and Middle East and Africa also witnessed in growth of GRE Pipes Market due to demand in various application.

Segmentation:
The market for GRE Pipes is segmented on the basis of end-user and by the region; On the basis of end-user the GRE pipes market is segmented as like petrochemicals, oil & gas, power & energy and other industries. Moreover on the basis of the region of Global GRE Pipes Market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.

Key Players:
Key players of the Global GRE Pipes Market are Pipex Limited (UK), Future Pipe Industries (India), Tamdid pipes (Saudi Arabia), Epp Composites Pvt. Ltd. (India), Acwapipe (Saudi Arabia), Smithline Reinforced Composites (UAE), National Oilwell Varco (US) and others.

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Monday, 25 June 2018

Optical Coatings Market 2018 – Share, Growth, Key Players Analysis, Trends and Forecasts 2023

The Global Optical Coatings Market is segmented by Type, Coating Method, Coating Material, End-Use Industry and Region.

On the Basis of the Type, the Global Optical Coatings Market is segmented into anti-reflective (AR) coatings, beam-splitter coatings, electrochromic (EC) coatings, filter coatings, high reflective coatings, transparent conductive coatings, partial reflection coatings, and others. The filter coatings are sub-segmented into short-pass, long-pass, and notch filters. An anti-reflection coating (AR coating) was leading the global market 22% market share in 2017 due to wide application in lenses (spectacles & camera), displays (television, digital signages, laptops, tablets, computers, mobiles), automobile components (GPS display, windshield) and solar cells among others, and is expected to continue growing over the forecast period.

On the Basis of the Coating Method, the Global Optical Coatings Market is segmented into vaccum deposition/evaporative deposition, sputter deposition, and others. The vaccum deposition is sub-segmented into thermal evaporation and electrom beam deposition. Sputter deposition method is sub-segmented into ion beam sputtering (IBS), ion assisted deposition (IAS), reactive sputtering, magnetron sputtering, plasma sputtering, and gas flow sputtering. Vaccum deposition accounted to have the largest market share under coating method category in 2017 owing to its advantages such as high deposition rates & thus shorter run times, low production cost, good durability, compatibility with wide range of coating materials. However, ion beam sputtering (IBS) and ion assisted deposition (IAS) methods are collectively projected to be the fastest-growing deposition methods of the optical coatings over the forecast period owing to growing requirement for excellent durability.

On the Basis of the Coating Material, the Global Optical Coatings Market is segmented into metalllic materials and dielectric materials. The dielectric materials accounted for the major market share over mettallic counterparts in 2017 owing to its wide consumption in different types of coatings and compatibility with different coating methods and is expected to show rapid growth over the forecast period.

On the Basis of the End-Use Industry, the Global Optical Coatings Market is segmented into electronics, laser & optics, automotive, construction, military & defense, solar, healthcare, and others. The electronics industry consumed optical coatings extensively in 2017 owing to its utilization in wide applications coupled with growing consumer electronics market and rising disposable income in emerging economies and is expected to show strong demand over the forecast period. Solar industry is expected to be following electronics industry in terms of market consumption over the forecast period owing to its wide adoption on account of increasing green energy demands in both developed and developing countries.

Competitive Analysis
Some of the key players in the Global Optical Coatings Market are Edmund Optics Inc. (U.S.), Thorlabs, Inc. (U.S.), Angstrom Engineering Inc. (Canada), Optiforms, Inc. (U.S.), Abrisa Technologies (U.S.), Carl Zeiss Jena GmbH (Germany), II-VI Optical Systems (U.S.), Inrad Optics (U.S.), PPG Industries, Inc. (U.S.), Nippon Sheet Glass Co., Ltd. (Japan), Newport Corporation (U.S.), DowDuPont, Inc. (U.S.), Reynad Corporation (U.S.), Optics Balzers AG (Liechtenstein), Zygo Corporations (U.S.), and Optical Coating Technologies (UK).

Regional Analysis
The Global Optical Coatings Market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia is expected to lead the global optical coating market over the forecast period 2018-2023, followed by North America, which is further trailed by Europe. The Middle East & Africa is expected to show a significant demand over the forecast period. Latin America is expected to show a moderate demand over the forecast period.

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Nano Coatings Market 2018: Analysis, Size, Share, Growth and Trends by Forecast to 2023

Market Scenario
Nano Coatings refer to nano-sized particles used to impart superior properties such as corrosion resistance, abrasion resistance, fouling resistance, hydrophobicity, oleophobicity, and other properties to a substrate surface. Nano coatings are categorized into different types, based on the raw materials used and type of coating methods utilized. Technological advancement is expected to majorly drive the Global Nano Coatings Market at an exponential CAGR over the forecast period 2018-2023.

Competitive Analysis
Some of the major players operating in the Global Nano Coatings Market are Nanowerk. (U.S.), Nanovere Technologies, LLC. (U.S.), P2i Ltd. (U.K), Nanoslic Protective Ceramic Coatings (U.S.), NANOFILM. (U.S.), Inframat Corporation (U.S.), Plasmatreat Gmbh (U.S.), Nanophase Technologies Corporation. (U.S.), Nanogate SE (Germany), NanoTech Coatings • (U.S.), CYTONIX (U.S.), and Möller Medical GmbH & Co. KG (Germany).

Regional Analysis
The Global Nano Coatings Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.  Asia Pacific is expected to be the largest and fastest growing market, followed by North America, which is further trailed by Europe. The Middle East & Africa is also expected to show a considerable growth during the forecast period. Latin America is expected to hold the least market share due to slow overall regional growth.

Market Segmentation
The Global Nano Coatings Market is segmented by Raw Material, a Coating Method, Type, End-Use Industry and Region.

On the Basis of the Raw Material, the Global Nano Coatings Market is segmented into alumina (Al2O3), titania (TiO2), chromia (Cr2O3), silicon dioxide (SiO2), tungsten carbide (WC), yttria-stabilized zirconia (YSZ), lanthanum strontium manganite (LSM), combination chemistries, and others. Titania accounted to have the largest market share under raw material category in 2017 due to easy availability and performance efficiency and is expected to continue leading over the forecast period 2018-2023.

On the Basis of the Coating Method, the Global Nano Coating Market is segmented into chemical vapor deposition (CVD), physical vapor deposition (PVD), atomic layer deposition (ALD), layer-by-layer self-assembly (LBL), electrospray and electrospinning, chemical and electrochemical deposition, and others.  CVD accounted to have the largest market share in 2017 owing to its easy method and relatively high deposition rates and is expected to show a steady growth over the forecast period.

On the Basis of the Type, the Global Nano Coatings Market is segmented into anti-corrosive coatings, antimicrobial coatings, anti-fingerprint coatings, easy to clean & anti-fouling coatings, self-healing coatings (bionic & photocatalytic), anti-icing & deicing coatings, anti-graffiti coatings, anti-reflection coatings, thermal barrier & flame-retardant coatings, oleophobic coatings, hydrophobic coatings, and others. Anti-corrosive coatings accounted for the largest market share in terms of consumption due to a wide range applications in different end-use industries. Moreover, other types of coating such as anti-graffiti, anti-fingerprint, self-healing, oleophobic, hydrophobic nano coatings are expected to show a huge demand over the forecast period 2018-2023 due to technological innovations in different end-use industries.

On the Basis of the End-User Industry, the Global Nano Coatings Market is segmented into building & construction, automotive, aerospace, electrical & electronics, healthcare, packaging, marine industry, military & defense, renewable energy, chemical, and others. Automotive and electronics industries were the major contributor to the Global Nano Coatings Market in 2017 over another end-use industry due to wide application areas concerning to nano coatings and are also expected to show high growth over the forecast period 2018-2023.

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Bleaching Chemicals Market 2018: Analysis, Growth, Top Key Players and Trends by Forecast to 2022

Market Synopsis:
Bleaching is the act of lightening color by using oxidation or reduction processes. Bleaching is a ubiquitous process widely used industrially as well as domestically to whiten clothes, lighten hair, skin color, and remove stains. Bleaching chemicals also have broad-spectrum bactericidal properties, making them useful for disinfecting and sterilizing and are used in sanitation.

Dominant Players
Prominent players operating in the Global Bleaching Chemicals are Akzo Nobel Eka(Netherlands), Neutron Industries (U.S.),  Aditya Birla Chemicals(India), Hansol Chemicals(Korea), Kemira Oyj(Europe), State Industrial Products Corporation (U.S.),Hercules and Hercules Inc(U.S.), 3M Company (U.S.), Arrow-Magnolia International, Inc. (U.S.), Ecolab G.K. (Japan), and others.

Regional Analysis
Asia-Pacific region accounts for the largest market for Global Bleaching Chemicals Market with China being the largest consumer. North America & Europe is expected to witness stagnant growth owing to stringent regulations for producing bleaching chemicals. China’s dominance of the global textile and garment industry coupled with the adoption of China plus one strategy is driving the market in favor of the South Asia region. The Middle East and Africa region are expected to be dominated by Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

Market Dynamics:

Agrochemical Industries Such As Textiles, And Wood Expected To Remain the Major Drivers of the Market

The Agrochemical industries such as textiles, food refining, and paper have been traditional drivers of the market. The primary product of these industries needs whiteness as its essential characteristic. The ancillary agro-industries such as food processing is also a necessary consumer of bleaching agents. The paper and pulp, and textile industry are the largest consumers of Bleaching Chemicals. However, the growth of the cosmetic sector is expected to hurl the market to a faster growth trajectory as exemplified by the growing use of Hydrogen peroxide is the cosmetic industry for purposes like hair coloring, face bleaching, etc. Chlorine-based bleaches are growing in popularity as household cleaning materials, and water treatment in swimming pools and drinking water disinfection in the water treatment industry. Thus, the growth of the paper and pulp, textile industries, water treatment and agro-industries is anticipated to drive the demand for bleaching chemicals.

Chlorine Based Bleaching Chemicals To Hold The Largest Segment Owing To Their Lower Cost In 2016. However, its Share Is Expected To Fall Owing To Environmental Concerns

Chlorine-based bleaching chemicals have a dominant market share. However, chlorine is toxic and damages sensitive tissue owing to its corrosive action. Nevertheless, chlorine is expected to continue its dominance but with a falling market share. Sodium hypochlorite, Calcium hypochlorite, and hydrogen peroxide are supposed to be the new star performers, owing to their environmental and user-friendly nature.

Environmental Concerns Are Expected To Drive the Market towards Alternative Chemicals

Industrial bleaching agents are sources of environmental concern. The use of chlorine in bleaching produces organochlorines and dioxins. The respiratory risk from chlorine and highly toxic chlorinated byproducts are other sources of concern. Other sources of risk include the generation of chlorinated volatile organic compounds (VOCs) some of which are potent human carcinogens.

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Thursday, 21 June 2018

Composite Adhesives Market 2018: Research, Share, Competitor Strategy, Industry Trends and Forecast to 2023

Growing popularity of composites over wood & metals in various end-use industries owing to its low weight, low cost, design flexibility, corrosion & chemical resistance, and high performance at elevated temperatures is projected to drive the Global Composite Adhesives Market over the forecast period.

Competitive Analysis
Some of the key players in the Global Composite Adhesives Market are Huntsman International LLC. (U.S.), Ashland. (U.S.), 3M (U.S.), Sika AG (Switzerland), ITW Engineered Polymers GmbH (Germany), Master Bond Inc (U.S.), Henkel AG & Co. KGaA (Germany), LORD Corporation (U.S.), Arkema SA (France), Permabond.com (U.S.), and H.B. Fuller Company. (U.S.).

Regional Analysis
The Global Composite Adhesives Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to the fastest growing market of Composite Adhesives over the forecast period. North America and European market is relatively mature and is expected to show steady growth over the forecast period. The Middle East & Africa and Latin America are expected to rising demand during the forecast period.

Market Segmentation
The Global Composite Adhesives Market is segmented by Component, Form, Product Type, End-Use Industry and Region.

On the Basis of the Component, the Global Composite Adhesives market is segmented into one component and two component. Two-component adhesive accounted to have the largest market share of the Global Composite Adhesive Market in 2017 and is expected to witness rising demand over the forecast period. Two-component adhesives cure when they are combined, and generally no external factor such as moisture, heat, or light is required and therefore is widely preferred in the various end-use industry such as construction, aerospace, automotive, healthcare, and electrical & electronics among other. However, one component adhesives market is slowly gaining momentum in various end-use industries owing to its simplified processing since it does not require mixing.

On the Basis of the Form, the Global Composite Adhesives Market is segmented into liquid, paste, film, and others. A paste form of Composite Adhesive accounted to have the major market share over other two forms in 2017 owing to its wide preference in different end-use industries on accounts of its low cost and easy handling. However, advanced film forms of Composite Adhesives are expected to show rising demand over the forecast period.

On the Basis of the Product Type, the Global Composite Adhesives Market is segmented into the epoxy, acrylic, polyurethane, methyl methacrylate, polyimide, phenolic, cyanoacrylate, silicone, and others. Epoxy adhesives accounted to have the largest market share in 2017 owing to its superior bonding & compatibility with different types of substrate, imparts high impact & compression strength to the final composite, superior chemical & heat resistance, excellent weather resistance, and superior electrical insulation properties and is expected to continue growth over the forecast period.

On the Basis of the End-User Industry, the Global Composite Adhesives Market is segmented into automotive & transportation, aerospace, healthcare, military & defense, electrical & electronics, wind energy, construction, marine, and others. Automotive, Aerospace, and construction industry collectively accounted the major market share owing to the wide consumption of composites materials for various applications.

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Cinnamic Aldehyde Market 2018: Trends, Size, Share, Growth and Forecast 2023

Market Segmentation
The Global Cinnamic Aldehyde Market is segmented into Nature, Application, End Use Industry and Region. On the basis of nature, the market is segregated into organic and synthetic. The synthetic cinnamic aldehyde is produced by reacting benzaldehyde with acetaldehyde.

Based on the Application, the market is segmented into fragrance agent, flavor agent, insecticides, anti-microbial, anti-cancer, oral care, animal feed, and others. Flavor agent accounted for the largest market share as a result of increasing use in the households and food & beverage industry. The product use, as a fragrance agent, is increasing in deodorants, detergents, cleansers, and cosmetics. Cinnamic Aldehyde helps to fight against tooth decay, bad breath, cure diabetes and reduce infections owing to antibacterial and antifungal properties.

Based on the End Use Industry, the market is divided into household, food & beverages, cosmetic & personal care, agriculture, healthcare, and others. The food & beverage industry accounted for the largest market share as a result of increasing demand for nutritious food products and beverages. The product consumption is rising in cosmetics & personal care industry with growing prevalence of various cosmetics brands in the market such as L’Oreal, Avon, and Lakme across the regions.

Competitive Analysis
Some of the key players in the Global Cinnamic Aldehyde Market are Kao Corporation (U.S.), Emerald Performance Materials (U.S.), Finoric (U.S.), Jayshree Aromatics Pvt Ltd (India), Muby Chemicals (India), Payan Bertrand S.A. (France), LANXESS (Germany), Yingcheng Wuhan Organic Material Co., Ltd (China), Merck KGaA , Sigma-Aldrich (Germany), and Graham Chemical (U.S.).

Regional Analysis
Based on the Region, the Cinnamic Aldehyde Market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia Pacific is the fastest growing region in the Cinnamic Aldehyde Market owing to the increasing demand for nutritious food and energy drink with rising health consciousness among the consumers. Increasing spending on the cosmetics & personal care industry is driving the market growth further.

North America is the second largest region in the Cinnamic Aldehyde Market with increasing spending on personal care products coupled with high per capita income. Moreover, growing aging population coupled with rising health awareness is uplifting the market growth.

Europe is another significant region in the market due to growing food & beverage industry with increasing consumption of packaged food products among working population.

Latin America and the Middle East & South Africa regions are likely to witness moderate growth during the review period with significant growth of cosmetics and personal care industry.

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Ceramic Inks Market 2018: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Market Scenario
The trend is shifting to decorative & durable architectural glass for both exterior & interior applications by replacing ordinary wall, which is majorly driving the Global Ceramic Inks Market. Furthermore, rising preference for ceramic tiles over ordinary painted walls for both exterior & interior building applications is expected to boost the Global Ceramic Inks Market growth.

Competitive Analysis
Some of the major players operating in the Global Ceramic Inks Market are Ferro Corporation (US), Zschimmer & Schwarz (Germany), Torrecid Group (Spain), FRITTA (Spain), Colorbbia Italia S.p.A. (Italy), Sicer S.p.A (Italy), Esmalglass - Itaca Grupo (Spain), Sun Chemical (U.S.), Kao Chimigraf (Spain), and Tecglass (Spain).

Regional Analysis
The Global Ceramic Inks Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to dominate the Global Ceramic Inks Market, followed by North America, which is further trailed by Europe. The Middle East & Africa and Latin America are also expected to drive the demand for ceramic inks mostly due to their growing building & construction industry and are expected to show a substantial growth during the forecast period.

Market Segmentation
The Global Ceramic Inks Market is segmented by Technology, Application, End-Use Industry and Regions.

On the Basis of the Printing Technology, the Global Ceramic Inks Market is segmented into digital printing technology and analog printing technology. The digital printing technology is expected to account for the largest market share under technology category due to its various advantages such as less time consumption, less labor requirement, and high-performance efficiency over analog printing technology and is expected to continue growing over the forecast period.

On the Basis of the Application, the Global Ceramic Inks Market is segmented into ceramic tiles, architectural glasses, automotive glasses, food & beverages containers, cosmetics containers, and others. The architectural glasses accounted for the largest consumption of ceramics inks in 2017 owing to growing construction industry across the globe and is expected to continue exhibiting strong demand during the forecast period 2018-2023. Ceramic tiles held the second largest share of the global market after in 2017 and are expected to show a considerable demand during the forecast period, 2018-2023.

On the Basis of the End-User Industry, the Global Ceramic Inks Market is segmented into building & construction, automotive, packaging industry, and others. The building & construction segment accounted to have the largest market share of ceramic inks in 2017 due to the wide consumption of ceramic inks for architectural glasses and ceramic tiles applications.

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Wednesday, 20 June 2018

Micro Reactor Technology Market 2018 | Forecast, Size, Growth, Opportunities, and Trends 2022

Market Synopsis of Global Micro Reactor Technology Market
Micro Reactors are the small scale continuous flow reactors used for the chemical synthesis, material synthesis and process analysis. Micro reactors are used in order to provide higher surface to volume ratio for the chemical reactions. The higher surface to volume ratio delivers higher stability, efficient heat transfer, and low risk for the explosive and hazardous reactions.

The need for Micro Reactor Technology (MRT) is gradually rising owing to factors such as, increasing demand of 3-d printed micro reactor owing to its relative affordability and high designing capability, growing nano pharmaceutics market driving MRT application in pharmaceuticals industry, increasing regulations and rising safety concerns in chemical industry affecting the micro reactor technology market in a constructive manner among others. According to MRFR analysis, the Global Micro Reactor Technology Market was valued at USD 32,456 million in 2015 and is expected to reach USD 1, 08,927.1 million by 2022 expanding with a CAGR of 19.05%.

Key Market Players
The key players in Global Micro Reactor Technology Market Report included are AM Technology, Little Things Factory, Microinnova Engineering GmbH, Thaletec GmbH, Vapourtec Ltd, Ehrfeld Mikrotechnik BTS, Uniqsis Ltd, Chemtrix Ltd and others.

Market Segmentation
The Global Micro Reactor Technology Market has been segmented into types, applications and end users. Among types the market is segmented into disposable and reusable, whereas the applications have been segmented into chemical synthesis, polymer synthesis, process analysis, material analysis and others. End Users of the micro reactor technology are specialty chemicals, pharmaceuticals, commodity chemicals and others. Among the types, disposable has accounted the largest market share in 2015, whereas chemical synthesis has become the leading application segment. On the basis of end user, specialty chemicals accounted the largest market share in 2015.

Key Findings
Global Micro Reactor Technology Market is projected to reach USD 108,927.1 million by 2022 with 19.05% CAGR during review period of 2016-2022.

North America accounted for largest share due to growing application industries in this region.

Among Types, disposable has acquired the market share of 71% in 2015 with the market value of USD 23,043.8 million growing at a CAGR of 18.96% till forecast period.

Among Applications, chemical synthesis emerged as the leading segment in Global Micro Reactor Technology Market.

Among End Users, specialty chemicals remains on top in term of consumptions

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Hydrochloric Acid Market 2018 | Potential Growth, Size & Share, Demand and Analysis of Key Players- Forecasts To 2023

Synopsis of Hydrochloric Acid Market

The Global Hydrochloric Acid Market is expected to witness a significant growth of USD ~ 1869.559 million by 2023 with CAGR of ~5.0% between 2016 and 2023.

Hydrochloric Acid is one of the names for muriatic acid with the chemical formula HCl. It is also known as acidum salis or spirits of salt. Hydrochloric acid is a, transparent, very strong solution of hydrogen chloride in water. It is an extremely important product of the chemical industry and used in many industrial processes such as used in manufacture of organic compounds, as cleaning agent, neutralise water in swimming pools, to regulate pH level, regenerate ion exchangers, oil-well acidization, Production of inorganic compounds, and other industrial applications.

The key driver for the market is the growing demand in application of end user industries such as food processing and steel pickling is anticipated to witness sharp rise. On the other hand limited supply is predictable to lead to inconsistent prices which seems as a major challenge for the growth of the hydrochloric acid market in near future.

Key Players
Key players of the Global Hydrochloric Acid Market are Dow Chemical Company (US), Axiall Corporation (US), INOVYN (UK), BASF SE (Germany), Detrex Corporation (US), Solvay S.A. Chemicals Company (Europe), ERCO Worldwide (US), Dupont (US), Coogee Chemicals (Australia), AGC Chemicals (Japan), and others.

Regional Analysis
Asia Pacific is the largest market of Hydrochloric Acid due to the increasing industrial applications in China, India and Indonesia. The second-largest growth rates are expected for North America, The growing demand from oil well acidizing industry is one of the key factors expected to fuel the growth of the Hydrochloride Acid Market in North America. On the other hand, Europe is estimated to witness sluggish growth in the forecast period, owing to the effluent disposal and environmental regulations concerning food and steel processing procedures. Latin America and Middle East also witnessed in growth of Hydrochloric Acid Market due to various application such as steel pickling, production of organic & inorganic compound, cleaning pools, regulate pH level, and others.

Segmentation
The Global Hydrochloric Acid Market is majorly segmented on the basis of application, end users and region. Based on application of Hydrochloric Acid the market is segmented into steel pickling, production of organic & inorganic compound, cleaning pools, regulate pH level, and others. Based on end user the market segmented into food industry, pharmaceutical, agricultural, textiles industry, chemical industry and others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

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Ceramic Coating Market 2018 | Emerging Trends, Highlights and Challenges Forecast 2023

Synopsis of Ceramic Coating Market

The Global Ceramic Coating Market is expected to witness a significant growth of USD ~ 18.136 Billion by 2023 with CAGR of ~7.6% between 2016 and 2023.

Ceramic Coatings are the inorganic materials that are processed and used at high temperatures. Ceramic Coatings are normally alumina, silica, alumina-magnesia, silicon carbide, silicon nitride, and others based compositions. The aerospace & defense and automotive industry is one of the major factors responsible for growth of Ceramic Coatings Market. A large number of new product development, and expansions enhance the strong growth of this market in the near future. Ceramic coatings can be used in various industries such as automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others. It can be applied by formulating various technologies such as physical vapor deposition (PVD), thermal spray chemical vapor deposition (CVD), dipping, sol gel, micro-oxidation, packed diffusion, ionic beam surface treatment, and laser assisted techniques. Ceramic Coating reduces static buildup, ensures quality control in electronics applications. Specific applications will drive growth in the aerospace, automotive, chemical industry and other industrial sectors increasing overall demand for Ceramic Coatings.

Key Players 
Key Players of the Global Ceramic Coating Market are APS Materials Inc. (US), Bodycote PLC (US), Praxair Surface Technologies Inc. (US), E.I. Du Pont De Nemours & Company (US), Saint-Gobain Coating Solutions (Europe), Aremco Products Inc. (US), MBI Coatings (US), Akzo Nobel Chemicals Company (Europe), Oerlikon Surface Solutions AG (Switzerland), Ceramic Polymer GmbH (Germany), and Others.

Regional Analysis
Asia Pacific is the largest market of Ceramic Coating due to demand in various applications such as automotive, oil and gas exploration, and textile industry in China region followed by India, Brazil, Saudi Arabia, Mexico, and Japan will drive industry expansion over the forecast period. Due to aerospace & defense, automotive and oil and gas exploration North America is anticipated to hold second position on account of global ceramic coating market. The third largest market of Ceramic Coating is Europe. Latin America and Middle East also witnessed in growth of Ceramic Coating Market due to various end user industries such automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others.

Segmentation
The Global Ceramic Coating Market is majorly segmented on the basis of types, end user and region. Based on types of Ceramic Coating the market is segmented into alumina, silica, alumina-magnesia, silicon carbide, silicon nitride, and others. Based on end user the market segmented into automotive, oil and gas exploration, aerospace & defense, steel industry, chemical industry, textile industry, plastics industry, and others, and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

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Tuesday, 19 June 2018

Plastic Films Market 2018 | Potential Growth, Size & Share, Demand and Analysis of Key Players- Forecasts To 2023

Synopsis of Plastic Films Market

The Global Plastic Films Market is expected to witness a significant growth of USD ~ 146,813.87 million by 2023 with CAGR of ~5.4% between 2016 and 2023.

Plastic Film are printed or plain, transparent or colored, single or multilayered, plastic less than 10 mm thick, and combined with other materials such as paper and aluminum. Therefore, the only thing which a plastic film really has in common is flexible or springy in nature, as used in various application of packaging industry such as food packaging and non-food packaging industry.
Furthermore, the majority of Plastic Films are produced from polyethylene resin. The four major key factor to driving the market of Plastic Films are consumer demand trends, sustainability, light-weighting, and bio plastics.

Furthermore, Plastic Films has found in various end user industry such as packaging, consumer goods, construction, pharmaceutical, electrical, and others. Increasing in demand of packaging industry is likely to drive the Plastic Films Market growth. On the other hand biodegradable films create new opportunity for the market growth of Global Plastic Films. APAC is fastest growing region among all the region due to growing industry such as packaging, consumer goods, and electrical, followed by North America region.

Key Players
Key players of the Global Plastic Films Market are Bemis Company, Inc. (U.S.), Amcor Limited (Australia), Jindal Poly Films Ltd. (India), Sealed Air Corporation (U.S.), E. I. du Pont de Nemours and Company (US), Garware Polyester Company (India), Vibac Group S.p.a. (US), Toray Industries Inc. (Japan), Polyplex Corporation Limited (India),  Inteplast Group (US), and Others.

Regional Analysis
Asia Pacific is the largest market of Plastic Films due to demand in various end user industry such as packaging and consumer goods industry in China region followed by Japan and India. Increasing demand in consumer trend for packaging industry particularly, in India, Taiwan, and South Korea has made Asia Pacific largest consumer of the Global Plastic Films Market followed by increasing in the consumption of Plastic Films Market in North America region. The third largest market of Plastic Films is Europe. Latin America and Middle East also witnessed in growth of plastic films market due to various application such as packaging, consumer goods, construction, pharmaceutical, electrical, and others.

Segmentation
The Global Plastic Films Market is majorly segmented on the basis of technology, types, end users and region. Based on technology of Plastic Films the market is segmented into biodegradable films, nanocomposites, barrier polymer films, and water-soluble films. Based on types of plastic films the market is segmented into LLDPE, LDPE, HDPE, polypropylene films, PET films, PVC films, and others (polystyrene, polyamide, polyvinyl butyral, polyester). Based on end user the market segmented into packaging, consumer goods, construction, pharmaceutical, electrical, and others (agriculture, household), and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

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Graphene Market 2018 | Emerging Trends, Highlights and Challenges Forecast 2023

Synopsis of Graphene Market

The Global Graphene Market is expected to witness a significant growth of USD ~ 811.40 million by 2023 with CAGR of ~43.0 % between 2016 and 2023

Graphene is an allotrope of carbon include graphite and diamond, which forms part of a large area of study in the fields of nanomaterial and high technology. Precisely, Graphene is a single layer of carbon atoms having a two dimensional hexagonal lattice, bonded together through strong covalent bonds at atomic level. Incorporating Graphene into existing end user industry facilitates considerable technology developments and also empowers new applications.

Graphene has found in various end user industry such as automotive, aerospace, pharmaceutical, energy, coatings, electronics, chemical, and others. Increasing in demand of electronics industries is likely to drive the Graphene Market growth. The growing pharmaceutical, energy, coatings, electronics on account of developing commercial market particularly in North America and Asia-Pacific has increased the Global Graphene Market over the forecasted period.

Key Players
Key players of the Global Graphene Market are CVD Equipment Corporation (US), Vorbeck Materials (US), Graphene NanoChem (UK), XG Sciences, Inc. (US), Angstron Materials, Inc.(US), Graphene Laboratories, Inc. (US), BGT Materials Limited, Ltd (UK), Graphenea Inc. (US), Grafoid Inc (North America), Haydale Limited (UK), and Others.

Regional Analysis
North America is the largest market of Graphene due to demand in various end user industry such as electronics and aerospace in Canada, Mexico and US countries. The second largest market is APAC region including the countries China, Japan, India, and South Korea due to increasing demand in automotive, aerospace, and chemical industry. The third largest market of Graphene is Europe due to developing countries of this region such as Germany, Italy, and France. Latin America and Middle East also witnessed in growth of Graphene Market due to various industrial applications such as automotive, aerospace, pharmaceutical, energy, coatings, electronics, chemical, and others.

Segmentation
The Global Graphene Market is majorly segmented on the basis of type, end users and region. Based on types of Graphene the market is segmented into graphene oxide (GO), graphene nanoplatelets (GNP), few layer graphene (FLG), mono-layer & bi-layer graphene, and others (3D graphene foams, pristine graphene). Based on end user industry the market segmented into automotive, aerospace, pharmaceutical, energy, coatings, electronics, chemical, and others (composite, catalysts, filtration, adhesives), and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

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