Industrial Alcohol Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2019-2023

Market Segmentation:

The Global Industrial Alcohol Market is segmented on the basis of the Source, Type, Application and Region.

On the Basis of the Source, the market is segmented into sugar & molasses, corn, grains, fossil fuels, and others.

Based on the Type, Global Industrial Alcohol Market is segmented into ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others.

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The application segment of the Global Industrial Alcohol Market is further segmented into fuel, pharmaceuticals, personal care products, food ingredients, chemical intermediate & solvent, and others.

Market Overview:

The high purity grade refined ethyl alcohol used for other than manufacturing of liquor purposes. It is colorless, volatile, and flammable and is commonly used as a biofuel.  It is found in various applications such as cosmetics, pharmaceuticals, and others. The industrial alcohol can be produced by sugar & molasses, corn, grains, fossil fuel, and others.

The Global Industrial Alcohol Market is segmented on the basis of its type as ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others. Among these, the ethanol (grain alcohol) is the leading segment due to its wide application in the blending of gasoline, which enhances the fuel efficiency and reduces emission. Owing to its anti-bacterial properties, it is also used across the pharmaceutical and personal care industry. The methanol is the second largest segment and can be used as an antifreeze, solvent, rocket fuel, and as a denaturant for ethanol. The chemical is also used to produce biodiesel via transesterification reaction. The above-mentioned factors are expected to drive the market growth during the review period further. However, the volatility in the raw material prices and the approval from various regulatory bodies may prove to be a challenging for the market growth in the coming years.       

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Competitive Analysis:

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

Regional Analysis:

The Global Industrial Alcohol Market is segmented into five regions of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America is the leading region in the Global Industrial Alcohol Market due to the high demand for high octane fuel from aerospace and transportation sector in the region.

Asia Pacific is expected to grow at a higher CAGR on account of the rising demand from growing chemical industries in countries such as China and India.

Europe is projected to witness a considerable growth in the global industrial alcohol market owing to the growing demand from various industries such as automotive, pharmaceuticals, chemicals, and others.

The untapped yet growing industrial sectors such as automotive and chemicals in GCC countries may drive the market growth during the assessment period.

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Carbon Black Market | Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2023

Carbon Black Market – Market Overview

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

Globally, the market for Carbon Black is driven by the region Asia Pacific, owing to extensive use of furnace black in various applications such as electrical & electronics, rubber reinforcement process, and others. Carbon Black is utilized in tires and printing inks, and other end-uses to impart abrasion coupled with mechanical strength to the final product. Moreover, furnace black and thermal black are the widely used processes to manufacture the product in the market.

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Increasing demand for the product as a pigment in inner liners, carcasses, sidewalls, and treads signifies the growth of rubber & tires industries. Moreover, growing consumption of high performance products in moulded and extruded industrial rubber products, such as belts, hoses, gaskets, diaphragms, vibration isolation devices, bushings, air springs, chassis bumpers, and multiple types of pads, boots, wiper blades, fascia, conveyor wheels, and grommets, provide boost to the Carbon Black Market Growth.

On the other hand, increasing consumer preference towards digital media and volatile emissions generated by the product are estimated to hinder the market growth.

Carbon Black is extensively used in a wide range of applications such as conductive packaging, films, fibers, mouldings, pipes, semi-conductive cable compounds, and others to provide abrasion resistance and superior performance to the final product. It is also used in photographic containers, agriculture, to impart cost-effective, extended life and high quality to the products. The inks & paints sector has observed a higher growth in the market due to extensive use of product in abrasion applications because it is flexible for the machine and add UV resistance to the final product. Additionally, the growing demand for the product and its boundless use in end-use industries have resulted into a significant growth in the market over the last couple of years.

Carbon Black Market   - Regional Analysis

Geographically, Asia Pacific region is leading the Global Carbon Black Market. China holds the major portion in the region owing to rapid urbanization coupled with technology resulting into a surge in demand for the product in end-use industries. Increasing consumption for Carbon Black in tires, rubbers, paints and inks, and automotive has boosted the market demand in Japan, and India. North America has witnessed a significant growth owing to increasing consumption of abrasion resistant materials in packaging, rubber and other sectors. A remarkable growth has been witnessed by the European region due to rise in demand for the product in inks & paints, and other sectors. Additionally, growing research & development activities of the product and increasing mergers & acquisitions amongst the leading companies are projected to grow at a higher CAGR in Europe over the forecast period. 

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Carbon Black Market- Competitive Landscape

The Carbon Black Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Carbon Black Market is set to grow at a significant rate which is likely to attract many newcomers to the market resulting into strong competition in the future. Manufacturers operating in the Carbon Black Market are striving to respond to the growing demand for the product from tires, rubbers, paints and inks, automotive and other sectors attributed to expansion of production facility and infrastructure development in major sectors. They ensure to deliver the best quality products based on innovative technologies, and best practices.

Industry/ Innovation/ Related News:

June 19, 2015 – Cabot Corporation (U.S.), one of the prominent producers of carbon black, announced that the company has developed low polycyclic aromatic hydrocarbon (PAH) carbon black products for rubber applications. These product are expected to meet the regulations and norms regarding the PAH content of the product. The three products that are developed are SPHERON® SO-LP carbon black, SPHERON® 4000-LP carbon black, and VULCAN® 6-LP carbon black. They are also known for excellent abrasion resistance and extrusion properties. With the introduction of these products, the company aims to strengthen its carbon black business across the globe.

December 7, 2017 – Orion Engineered Carbons SA (Luxembourg), one of the leading manufacturers of carbon black, announced that the company has completed the construction of a new production line in Yeosu, South Korea to manufacture speciality products. One of the sources of the company also declared that the completion of this project is set to drive the market on a large scale due to growing demand of product from automotive coatings, engineered plastics, printing inks and adhesives & sealants sectors.

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Automotive Elastomers Market 2019 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

Automotive Elastomers are produced by cross-linking of carbon, hydrogen and oxygen atoms which offers significant properties such as excellent flexibility, elongation, and durable nature to the finished material. Moreover, they also provide versatility and reliability to the product.

The Global Automotive Elastomers Market has been driven by the range of its application in various sectors such as automotive, construction, aviation, footwear, electrical & electronics and others. Moreover, it is estimated that the construction segment is set to witness the highest growth in the market due to the growing consumption of thermoplastic materials in the sector over the forecast period.

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Competitive Analysis:

Some of the major players functioning in the Global Automotive Elastomers Market are BASF SE (Germany), ARLANXEO (the Netherlands), The Dow Chemical Company (U.S.), Exxon Mobil Corporation (U.S.), DuPont (U.S.), SABIC (Saudi Arabia), 3M ( U.S.), Huntsman International LLC (U.S.), LyondellBasell Industries Holdings B.V. (the Netherlands), and Asahi Kasei Corporation (Japan) among others.

Market Segmentation:

The Global Automotive Elastomers Market is segregated into the Type, Application and End-Use.

On the Basis of the Type, the market is further categorized into natural rubber, styrene butadiene rubber, nitrile elastomer, ethylene propylene diene monomer, silicone rubber, fluoroelastomers, styrene block copolymers, thermoplastic polyurethane (TPU), thermoplastic vulcanizates (TPV), and thermoplastic polyester elastomer (TPC) segments.

On the Basis of Application, the market is segmented into tire and non-tire segments.

On the Basis of Application, the market is classified into automotive, construction, aviation, footwear, electrical & electronics, and others.

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Market Scenario:

The natural rubber segment is the most widely used type in the market due to its growing consumption in heavy end-use industries such as automotive, electrical & electronics, footwear, and others. Moreover, it is estimated that this segment is set to grow at a rapid rate in the market due to strength and durable nature offered by the product.

The tire application is the leading segment in the market on account of growing consumption of low density elastomers in the product. These materials provide unique elasticity, elongation and tensile strength to the finished material.

The automotive sector is the leading segment in the market and is anticipated to observe a higher CAGR due to an increased demand for low density materials in various applications. These materials are used to improve the performance, efficiency of the engines and systems. Moreover, excellent flexibility, mechanical properties, elasticity, and others are some of the properties offered by these polymers in the industry.

Regional Analysis:

The Global Automotive Elastomers Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for thermoplastic materials in various applications. Countries such as China, Japan and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S., Canada and Mexico owing to increasing demand for lightweight materials in automotive, construction, aviation, electrical & electronics, and others. The enactment of new rules and regulations set by the European Union has driven the manufacturers to use efficient and high performance materials in the end-use industries. Moreover, it is projected that the advancing research & development of thermoplastic materials in the market has propelled this region to witness a significant growth in Germany, the U.K and Italy.

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The Middle East & Africa is estimated to observe a significant growth due to increasing consumption of low density materials in aviation, industrial, medical, and others. Additionally, the growing demand for elastic and resilience materials is projected to boost the market in the Latin American region.

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Zinc Oxide Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2019-2023

Zinc Oxide (ZnO) is a white compound that is typically found in nature. However, commercial Zinc Oxide is made within a laboratory wherein the natural process is mimicked by experts. Commercially, it is used in foods, cosmetic and personal care products, and first aid tapes. It is a highly important trace element and is commonly seen being added to animal feed, fertilizers, and vitamin supplements. Its antibacterial and deodorant-like properties make it the perfect choice for medical products and toiletries. It acts as a catalyst in the chemical industry and also has its application in paints for mildew control and as a corrosion inhibitor. It has a common use in various skin creams as it helps prevent and curb down redness and inflammation, as well as helps soothe and heal the skin.

The report published by Market Research Future (MRFR) states that the Global Zinc Oxide Market is slated to reach USD 4,946.26 million by 2023. The market is expected to grow with a CAGR 5.85% during the assessment period of 2018 to 2023. This inorganic chemical compound is available in the market in white powder form. The demand for the market can be attributed to its surging usage in semiconductors and electronic items. Factors such as penetration of the product in the rubber industry, growing demand in cosmetics, pharmaceuticals, and personal care industries are some of the other major drivers of the Zinc Oxide Market.

Industry Updates:

Sep 2017, it was reported that a Chinese company is planning to invest a striking 80 Million Euro for building a zinc oxide factory in Northern Serbia. This will be a major boost to the Serbian economy and a total of 280 jobs would be open at the factory.

Jan 2019, a new study conducted by researchers at the University of Queensland and the University of South Australia revealed that it has found notable evidence that zinc oxide nanoparticles integrated into sunscreen creams do not cause any kind of cellular toxicity, even after continuous application of the product.

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Market Segmentation:

The Zinc Oxide Market segmentation is done on the basis of End-User, Application, Process and Region.

By End-Users, the market includes personal care, building & construction, automotive, metallurgy, food & beverages, healthcare, and others. In 2017, the automotive segment was the largest market holder covering 36.04% of the share. During the assessment period, the personal care segmentation is slated to be the highest growing market.

By Application, the market divides into lubricants, animal feed & nutrition, metal processing, food additives, paints & coatings, light emitting diodes, cosmetic ingredients, pharmaceuticals products, fertilizers, ceramics, rubber, and others.

By Process, the market segments into indirect, direct, waelz, laboratory, wet, and ZnO nanostructures. The Indirect segment was the highest market share holder as of 2017, covering more than 36% of the market. However, Waelz segment is anticipated to expand at the highest growth rate of 7.05%.

Regional Segmentation:

The Geographical Market Segmentation of Zinc Oxide covers the following regions: North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa.

North America is the biggest market player among all the mentioned regions with a stunning 70.23% of the market to its name. The market is estimated to grow at a CAGR of 5.40% during the forecast period. Both the USA and Canada are the major contributors behind the dominance of this region.

Europe stands second in the Global Zinc Oxide Market with a pool of strong economies backing its progress. Technological advancement is aiding the market growth of this region as well as the various market players residing herein. The market is expected to exhibit a 5.01% CAGR during the forecast period.

Asia-Pacific is most likely to hold the tag of being the fastest-growing market with an expected CAGR of 6.73%. The Middle East & Africa market is significantly small, however, it will witness a steady CAGR of 5.61%. The Latin America market is anticipated to grow at a CAGR of 7.81% during the review period.

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Competitive Analysis:

American Zinc Recycling LLC, Grillo-Werke AG, Weifang Longda Zinc Industry Co. Ltd., Befesa, EverZinc, Advanced Nano Products Co. Ltd., US Zinc, Symrise, PontenossaSPA, Recylex, Miike Smelting Co. Ltd., Marzinc, Zochem LLC., GHC Ltd., and Nyrstar are few of the prominent and noteworthy players in the Global Zinc Oxide Market.

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Thermoformed Plastics Market | Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2023

Market Overview:

Thermoformed Plastics are made by heating a plastic sheet and converting it into a usable product.

The Global Thermoformed Plastics Market is segmented on the basis of the product into polyethylene terephthalate (PET), polyethylene (PE), acrylonitrile butadiene styrene (ABS), polystyrene (PS), polyvinyl chloride (PVC), polypropylene (PP), polymethyl methacrylate (PMMA), high impact polystyrene (HIPS), and others. Polyethylene terephthalate is the leading segment of the Thermoformed Plastics Market, due to their biocompatibility and consequent applications in various sectors such as food & beverage, pharmaceuticals, personal care, and others. The shifting trend towards the use of PET over metals is likely to propel the market growth.

Polyethylene (PE) is the second largest segment and is expected to drive the market over the review period due to easy availability and biodegradability. Moreover, the technological trends have resulted in products such as high impact polystyrene (HIPS) with properties such as good impact resistance, excellent machinability, dimensional stability, easy to glue and paint, and low cost which is anticipated to fuel the market growth. Based on the manufacturing procedures of thermoformed plastics, vacuum forming is extensively adopted due to its low cost, rapid product development cycles, and availability of colors and textures.

Competitive Analysis:

Some of the manufacturers operating in the Global Thermoformed Plastics Market are Pactiv LLC (U.S.), Sonoco Products Company (U.S.), Spencer Industries Incorporated (U.S.), D&W Fine Pack LLC (U.S.), Brentwood Industries (U.S.), Genpak, LLC (U.S.), Placon (U.S.), Silgan Plastics (U.S.), Graham Packaging Company (U.S.), Wilbert Plastic Services, Inc. (U.S.).

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Market Segmentation:

The Global Thermoformed Plastics Market is segmented on the basis of the Product, Process, Application and Region.

Based on the Product, the Global Thermoformed Plastics Market is segmented into polyethylene terephthalate (PET), polyethylene (PE), acrylonitrile butadiene styrene (ABS), polystyrene (PS), polyvinyl chloride (PVC), polypropylene (PP), polymethyl methacrylate (PMMA), high impact polystyrene (HIPS), and others.

On the Basis of the Process, the Global Thermoformed Plastics Market is segmented into vacuum forming, pressure forming, heavy gauge (thick) thermoforming, thin thermoforming, plug assist, and others.

The market is segmented on the basis of the application as healthcare & medical, food packaging, electrical & electronics, automotive packaging, construction, consumer goods & appliances, and others.

Regional Analysis:

The Global Thermoformed Plastics Market is segmented into five regions Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The high demand for Thermoformed Plastics in various end-use industries such as healthcare, food & beverage, electrical & electronics, etc. due to the growing trade of these products.

The North American market is majorly driven by the high production and sales of food & beverage, medical & personal care products, and automotive.

The rising demand for Thermoformed Plastics from food & beverage and pharmaceutical industries is the primary driver for the growth of the European market.

The Middle East & Africa region is growing due to the expanding infrastructure and construction activities in this region.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Biocides Market 2019 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

Biocides such as wood preservatives, insecticides, rodenticides, disinfectants belong to a category of products which are intended for the destruction or inhibition of unwanted organisms such as viruses, bacteria, fungi, and insects. They are used in a variety of industrial purposes. The Global Biocides Market is growing at an incremental pace and is likely to scale to a significant valuation in the forthcoming years, asserts Market research Future (MRFR) in an in-depth study.

Expansion of the construction industry is a key factor influencing the growth of the Global Biocides Market. Rigorous constructional activities induce demand for wood preservation and paint & coatings. New constructions and buildings demand paints and coatings which contain biocides for maintenance applications also augur well for the growth of the market. In addition, a strong rebound in constructional activities in various parts of the world is likely to impact market growth positively.

Consolidation of the manufacturing industry is also anticipated to support the growth of the biocides market. Production of various manufactured goods generates high demand for Biocides since there is a greater focus on sanitation in production processes. Besides, biocides are applied to hydraulic machines at manufacturing facilities to prevent corrosion and reduce production issues. The energy sector is also adding to the demand for biocides where they have used as well as stimulation fluids.

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Biocides are witnessing high demand from industries such as food & beverage, cosmetics, and pulp and paper where they are utilized to curb microbial activities. Other factors substantiating the market growth include the application of biocides in water treatment and continued demand from the paints & coatings industry. In the backdrop of the outbreak of various water-borne diseases, there is a pressing need for portable water which is estimated to bode well for the Global Biocides Market. Increasing awareness regarding sanitation and improving economic conditions across the globe are expected to reflect positively on the market growth.

On the other hand, the growth of the Global Biocides Market might be deterred by relatively high toxicity and health hazards associated with long-term exposure to these products. Also, the biocides market is governed by a complex legal framework where every product has to go through long, tedious approval process which remains a challenge for market growth.

Segmentation:

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

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

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

Regional Analysis:

North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW) are the key markets for Biocides.

North America is a significant market for Biocides driven by the rebound of constructional activities in the region and heightened demand from the food & beverage industry.

APAC market for biocides is anticipated to showcase strong growth trend over the forecast period. Expansion of the manufacturing industry in the region. Increase in awareness level regarding health and hygiene has contributed to the growth of the market to a great extent.

Europe market is spurred by persistent demand for biocides from the food & beverage and packaging industry. However, in Europe, biocides are subject to tight regulations by the EU which might restrain the growth of the market in the region.

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Competitive Landscape:

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

Industry Updates:

In January 2019, the South Korea government released K-BPR implementation plans to acquire information on minimum toxicity level of existing biocidal substances currently in circulation.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Structural Core Materials Market | Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2023

Market Analysis:

The Global Structural Core Materials Market is expected to expand at a healthy 5% CAGR over the forecast period (2018-2023). Generally Structural Core Materials are used for reducing the composite structure’s weight and also increasing its stiffness. Honeycomb, balsa and foam are the three most widely utilized Structural Core Materials. The honeycomb materials comprise of impregnated fiberglass, polypropylene, paper and aluminum. It is used in applications that needs very lightweight panels. Balsa has higher aspect ratio thus used largely in industrial tanks, military aircraft, navy vessels and boat hulls. Foam is largely used for building panels owing to ease to bond the complex skin shapes as well as its low thermal conductivity. The core materials are made in various forms such as different honeycomb materials, non-woven core fabrics, urethane foam, PVC foam, end-grain wood and others. The lightweight materials are perfectly bonded amid two composite skins thereby serving as the key member of what is known as the sandwich structure. Introducing a core in the laminate will boost up the section modulus thereby resulting in a substantial increase in stiffness along with the ability of creating lightweight structures.

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There are myriads of factors that is propelling the growth of the Structural Core Materials Market. The different market factors and trends in this market according to an analysis conducted by MRFR (Market Research Future) include increasing need for Structural Core Materials from wind energy industry, rising use of composites especially in the aerospace industry, marine sector recovery in the US post economic recession, growing application of honeycomb Structural Core Material in aerospace industry and the growing demand for lightweight materials especially in marine vessels, automobiles and aircraft owing to its high fuel efficiency.

Industry Updates:

Oct 2018- Verdane in association with other shareholders of JSB Group have decided in selling JSB Group for DKK 520 million to Gurit. JSB Group is a leader of core material kits especially wind turbine blades and has 7 kitting operations in China, the US, Turkey, Spain, Denmark and with a new facility to be launched in Mexico.

Key Players:

Key players profiled in the Structural Core Materials Market include Evonik Industries (Germany), Armacell International (Luxembourg), Plascore Incorporated (U.S.), Changzhou Tiansheng New Materials Co. Ltd. (China), The Gill Corporation (U.S.), Gurit Holding (Switzerland), Euro Composites (Luxembourg), Schweiter Technologies (Switzerland), Hexcel Corporation (U.S.), and Diab Group (Sweden).

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Market Segmentation:

The MRFR report provides an all-inclusive segmental analysis of the Structural Core Materials Market on the basis of Product, Skin Type and End-Use Industry.

Based on Product, it is segmented into honeycomb, balsa and foam. Of these, the honeycomb segment will have the maximum share in the Structural Core Materials Market followed by foam. The increasing use of foam in the wind turbine blades along with the nacelles of automobiles and aircraft is anticipated to fuel the market growth.

Based on Skin Type, the Structural Core Materials Market is segmented into natural fiber reinforced polymer (NFRP), carbon fiber reinforced polymer (CFRP), glass fiber reinforced polymer (GFRP) and others. Of these, the CFRP segment is likely to have the maximum market share. CFRP’s advanced properties such as thermal expansion and tensile strength compared to glass or other fibers will lead to the expansion of the segment.

Based on End-Use Industry, it is segmented into construction, marine, wind energy, automotive, aerospace and others. Of these, the aerospace industry is anticipated to have the largest share in the Structural Core Materials Market owing to the burgeoning aerospace industry and growing international trade.

Regional Analysis:

Based on Region, the Structural Core Materials Market covers growth opportunities and latest trends across North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Of these, North America will remain head and shoulders above other regions in the market owing to the increasing use of Structural Core Materials in the aerospace and automobile sector. The Structural Core Materials Market in the APAC region is likely to be the fastest growing owing to the automobile base being shifted to this region and initiatives taken by the government for generating renewable energy.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Specialty Films Market 2019 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

Market Research Future (MRFR) announces a new release on the Global Specialty Films Market. According to the report, the Global Specialty Films Market is projected to exhibit a solid CAGR through the forecast period from 2018 to 2023 due to the growing demand for Specialty Films in the packaging, automotive, construction, aerospace, food and beverages, electronics, and agriculture industries.

Specialty Films are made from plastics and are used to enhance particular characteristics of surfaces or to protect items from environmental contaminants. They are coated with additives that enhance characteristics such as heat resistance, chemical resistance, and abrasion resistance. The growing Specialty Films Market is mainly driven by the growing demand for Specialty Films in the packaging sector. The growing demand for packaged food products is expected to be a major driver for the Global Specialty Films Market, as specialty films are majorly used in the packaging of food products. They help prevent contact with environmental contaminants such as dirt, keeping the food fresh for much longer. The rising urban population is likely to drive the global packaged food market over the forecast period, thus driving the specialty films market in the process.

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The growing use of technological innovations in the agriculture sector is likely to be a major driver for the Global Specialty Films Market over the forecast period, as specialty films are used in the agriculture sector for secluding the crops during fumigation, among other applications. The growing emphasis on maximizing the output of the agriculture industry through technological inputs is likely to drive the Global Specialty Films Market. The rising construction industry in emerging regions such as Asia Pacific is also likely to be a crucial demand driver for the Global Specialty Films Market over the forecast period.

Segmentation:

The Global Specialty Films Market is segmented based on Type of Film, Material, End-Use Industry and Region.

Based on Type of Film, the Global Specialty Films Market is segmented into barrier, decorative, microporous, antimicrobial, protective, and others.

On the Basis of Material, the Global Specialty Films Market is segregated into polyester, fluoropolymer, polyamide, polyolefin, polycarbonate, and others.

By End Use, Global Specialty Films Market is segmented into packaging, automotive, construction, aerospace, food & beverage, electronics, personal care and cosmetics, and others.

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Industry Updates:

In February 2019, Jet Technologies, a leading producer of Specialty Films and laminates, announced Stockman Paper Merchants as its distribution partner in Western Australia.

Regional Analysis:

The Global Specialty Films Market is segmented on the basis of region into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Asia Pacific is expected to dominate the Global Specialty Films Market over the forecast period due to the growing demand from the construction and packaging industries in the region. Specialty Films are being widely used as heat seals and vapor barriers in the construction and packaging industries, leading to steady growth of the market in the region. The rising use of Specialty Films for food packaging is likely to be a major driver for the Specialty Films Market in Asia Pacific. The demand for specialty films in food packaging is mainly driven by the growing urban demographic in Asia Pacific, which is a key consumer demographic for the packaged food industry. The growing adoption of hectic lifestyles by the urban youth population is likely to be a major driver for the Global Specialty Films Market over the forecast period.

Competitive Analysis:

Leading players in the Global Specialty Films Market include Saint-Gobain Performance Plastics, Berry Global Inc., SABIC, Toray Plastics Inc., Honeywell International Inc., Specialty Polyfilms Pvt. Ltd., Trico Specialty Films, Tufpak Inc., Amcor Limited, Covestro AG, Dow Chemical Company, Solvay SA, Bemis Company Inc., and Madico Inc.

Leading players in the Global Specialty Films Market are likely to up their efforts in advancing the development of biodegradable specialty films. The growing emphasis on the environmental viability of substances used in industrial and other human applications has led to the field of biodegradable specialty films emerging as a key growth driver over the forecast period.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Pipe Coating Market 2019 | Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023

Pipe Coatings are materials that provide pipes with a protective layer against chemical reaction & corrosion in order to increase the working life of pipelines used across industries. Furthermore, these coatings offer a range of advantages such as providing excellent resistance to intense heat, acids and alkalis, and high voltage electricity with strong adhesion and bendability. Owing to these properties, pipe coatings are extensively applied in the pipelines that carry crude oil and hazardous chemicals to various regions.

Simultaneously, these coatings also find their applications in the pipelines used to collect and transport turbid and polluted water from different sources to water treatment plants; where the water is made safe for drinking and other purposes. The augmented demand from some of the burgeoning industries like O&G, water treatment & chemicals has been escalating the market on the global platform.

Acknowledging the exponential traction, the market is enjoying currently, Market Research Future (MRFR) in its recently published study report asserts that the Global Pipe Coating Market will reach over USD 15,968.4 MN by 2023 registering a phenomenal CAGR throughout the forecast period (2017 – 2023).

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In addition, other factors contributing to the market growth include, rapidly expanding industrialization, chemical industries coupled with the augmenting demand for underwater transportation pipeline of crude oil fueled by the increasing environmental concerns erected due to the oil spills and gas leakages through the damaged pipes.

Currently, this industry is confronting some major challenges of developing a Pipe Coating suitable for construction projects in unstable environments while making it compatible with the newly developed steel pipe technology.

Secondly, pipelines operating in the extreme weather conditions impose threats of VOC (volatile organic compounds) emission in the environment, while, carrying explosive materials. Against which various government bodies have legislated strict regulations restricting the use of toxic chemicals used in the production of Pipe Coatings. This, in turn, has augmented the demand for innovative bio-based coatings with similar properties & increased service life.

This demand from the end user industries has prompted the manufacturers to develop environmentally sustainable Pipe Coating which offers similar coating properties compared to established systems. However, this increases the manufacturing costs increasing the product’s overall cost. On the other hand, customers are increasingly demanding for cost reduction of Pipe Coatings.

Global Pipe Coating Market – Segmentation

For enhanced understanding, the report has been segmented into five key dynamics.

By Product Type: Thermoplastic Polymer Coatings, Fusion Bonded Epoxy, Metallic Coatings, and Concrete Coatings among others.

By Surface Type: Internal and External.

By Form: Liquid and Powder.

By End-Use: Oil and Gas, Marine, Chemical Processing, and Water & Waste Water Treatment, among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

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Global Pipe Coating Market – Regional Analysis

The North America Pipe Coating Market, heading with the rapid industrialization and the augmented demand from some of the burgeoning end-user industries such as water treatment and O&G, accounts for the largest market share, globally.

While, the MEA (the Middle East & Africa) region is expected grow phenomenally owing to the augmented demand from the burgeoning oil & gas industry of Iraq, the UAE, Saudi Arabia, Iran, & Kuwait.

The European market of Pipe Coating is predicted to upsurge owing to the increased expenditure in innovation and growing purchasing power of consumers primarily in the countries like Germany, Italy, Spain, France, Russia, and the UK. Furthermore, the presence of major chemical manufacturers in Germany will boost regional market growth.

The pipe coating market in the Asia Pacific region is emerging as a profitable market, globally, led by the increasing processing units of crude oil and petroleum refineries mainly in India and China

Simultaneously, growing chemical sectors in various parts of the region, including China, Malaysia, Japan, Thailand, and India are providing impetus to the growth of the regional market.

Global Pipe Coating Market – Competitive Landscape

The highly competitive, pipe coating market appears to be fragmented owing to the presence of numerous well-established players. Due to the low product differentiation and the availability of a wide range of similar products in the market, manufacturers try to minimize brand recall through effective marketing communications. The pipe coating market demonstrates a high growth potential due to which several new entrants are expected to get attracted to this market during the anticipated period.

Major Players:

Key players leading the Global Pipe Coatings Market include PPG Industries, Inc. (US), The Sherwin-Williams Company (US), The Valspar Corporation (US), Akzo Nobel N.V. (the Netherlands), Axalta Coating Systems Ltd. (US), 3M (US), Wasco Energy Ltd. (Malaysia), SHAWCOR (Canada), Arkema S.A. (France), and Specialty Polymer Coatings, Inc. (Canada) among others.

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Industry/ Innovation/Related News:

February 13, 2019 --– Shanghai Metal Corporation (China), a reputed seamless steel pipe manufacturer announced the availability of with different types of surface coatings, such as anti-corrosion oil, varnish painting, galvanized and others at the most reasonable prices for customers around the globe. The company also mentioned that it is capable of addressing all custom demands and manufacturing galvanized steel pipes according to their precise requirements.

February 12, 2019 --– The Vortex Companies (the US), a leading trenchless rehabilitation industry solutions provider announced the completion of the acquisition of The Ted Berry Company (the UK), a trenchless rehabilitation solutions provider. The Ted Berry Company has developed an excellent reputation in the market by providing exceptional service leveraged by its team's depth of experience within the trenchless infrastructure rehabilitation market.

The Vortex Services division provides lining and coating solutions, pipe bursting, CCTV and inspection. With this acquisition, Vortex will be able to deliver the combination of added services and Ted Berry's experience that further fortifies Vortex’s position in the industry.       

  

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com