Monday, 26 March 2018

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Friday, 23 March 2018

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Thursday, 22 March 2018

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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