Super Engineering Plastics Market 2018 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

Engineering Plastics are a group of Plastic materials that have better mechanical and thermal properties than most widely used commodity Plastics.  Super Engineering Plastics are at the highest end of the spectrum of engineering plastics with very high strength and thermal resistance. There are some important properties exhibited by the Super Engineering Plastics, which includes resistant to impact, heat and abrasion, high mechanical strength, self-lubricant, fire safety and chemical stability. These properties of the super engineered plastics make it the material of choice in vast number of industries as well as domestic applications. The Super Engineering Plastics are generally used in high temperature, high stress, and harsh environmental conditions. Applications of the super engineering plastics can be found in diverse industries including automotive and transportation, electrical & electronics, packaging, healthcare, textiles, and sports. The Super Engineered Plastics find their uses in manufacturing bumpers and dash boards of automobile, and pipes for carrying drain-waste. Being a good insulator they are used in making handlebars and plug connectors of electronic devices. 

The characteristic features of Super Engineering Plastics, such as high heat, impact and abrasion resistance along with the chemical stability and ability to operate in harsh environmental conditions, are the favoring the growth in its demand over widely used commodity plastics namely polystyrene, PVC, polyethylene and others. Modifying motor vehicle acts are compelling use of the bumpers made of the Super Engineering Plastics to reduce death rates in case of car dash. This in turn is expected to fuel demand of the product over the forecasted period. The growing automotive and transportation industry accounts for major share of overall demand of the super engineering plastics. During the forecast period automotive industry is estimated to grow at highest CAGR, thereby expected to drive growth of the Global Super Engineering Plastics. Apart from automotive and transportation industry, demand of electrical & electronics industry in heading north owing the growth in use of portable and other household electronic devices. However, being more expensive Super Engineering Plastics are produced in smaller quantities and tend to be used for low-volume applications rather than high-volume ends. Nevertheless, in coming years, the technological advancements through R&D is anticipated to bring a plastic material which will be cheaper and stronger at the same time in the market. 

Regional Analysis: 

Asia Pacific, North America, Europe, Middle East & Africa, and Latin America are the five key regions in the Global Super Engineering Plastics Market. Among them Asia Pacific is the fastest growing market on account of the huge consumption of the product in this region. The region accounts for ~45% share of the global super engineering plastics market, which is attributed to the growing automotive and transportation industry. India, China, and Japan are the major markets in this region owing to the established automotive and electronics industries in these countries. North America is second most significant region in the Global Super Engineering Plastic Market.

Aerospace and automotive industries in U.S. is witnessing a steady rise in demand of the super engineering plastics. Europe is another substantial region in the Global Super Engineered Plastic Market. There is growing demand of this product for manufacturing packaging material for food and container bottles for beverages.  Countries namely Germany, U.K., France and Italy, are the major markets in this region on account of established automotive industries. Automotive industry is increasingly making use of Super Engineering Plastics for manufacturing the number of under-hood parts. The Middle East & Africa is growing at significant rate owing to the growth potential of hitherto untapped market in automotive, sports and construction sectors. U.A.E, Qatar, and Saudi Arabia are likely to lead the regional market throughout the forecast period. Lastly, Latin America is anticipated to gain momentum due to the economic and political stability in Brazil. 

Segmentation: 

The Global Super Engineering Plastics Market is segmented on the basis of type, end use industries, and region. On the basis of type the market has been divided into Acrylonitrile butadiene styrene (ABS), Polyamide (PA), Polybutylene terephthalate (PBT), Polyethylene terephthalate (PET), Polyether ether ketone (PEEK), Polyphenylene sulfide (PPS), and others. Among them, ABS is holding major share of overall demand of super engineering plastics. Based on end use industries the global super engineering plastic market is segmented into Automotive & transportation, electrical & electronics, packaging, textile, sports and others. Geographically, the market is divided into five key regions namely Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. 

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Metal Coatings Market 2018 | Challenges, Key Players, Industry Segments, Forecast Report 2023

Market Segmentation

The Global Metal Coatings Market is segmented by Form, Method, Resin Type, End-Use Industry, and Region. On the basis of the form, the market is segmented into liquid and powder coatings. The liquid coatings are sub-segmented into water based and solvent based. The liquid form coatings accounted for the largest market share due to increasing use of waterborne coatings with less or zero volatile organic compounds (VOC) in the automotive industry. The market for powder form coatings is likely to witness a substantial growth during the review period with rising environmental regulations in the developed nations.

Based on the Processing Method, the market is segmented into electroplating, electroforming, galvanizing, and anodizing. Electroplating method is used to stick solution of cadmium or chromium to a metal owing to corrosion resistance and good appearance. The galvanizing process is used to apply zinc to a ferrous metal to prevent corrosion.

Based on the Resin Type, the market is segmented into polyester, acrylics, epoxy, polyurethane, fluoropolymer, plastisol, and others. The polyester accounted for the largest market share owing to resistance to chemicals, stretching, wrinkle, and abrasion and enlarging use in automotive industry. Acrylic is the fastest growing resin type as a result of rising use of water borne coating in automotive industry. Epoxy and polyurethane resins are used for applications requiring resistance to harsh environmental conditions.

Based on the End Use Industry, the global market is segmented into construction, automotive, aviation, electrical & electronics, marine, oil & gas, and others. The construction industry accounted for the largest market share owing to rising construction activities in the developing nations such as India and China. Expanding automotive industry with rising demand for lightweight vehicles is uplifting the market growth.

Competitive Analysis

Some of the key players in the Global Metal Coatings Market are Toefco Engineered Coating Systems, Inc. (U.S.), BASF SE (Germany), DowDuPont (U.S.), AkzoNobel N.V. (The Netherlands), The Valspar Corporation (U.S.), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Axalta Coating Systems (U.S.), Kansai Paint Co., Ltd (Japan). Beckers Group (Berlin), Henkel AG & Co., KGaA (Germany), and Nippon Paint Holding Co., Ltd (Japan).

Regional Analysis

Asia Pacific is leading the Metal Coatings Market due to increasing investment in both residential and commercial construction activities coupled with rapid urbanization coupled with the initiation of construction projects by the government of India such as Inland waterways projects are driving the Metal Coatings Market.

North America is likely to exhibit a significant growth during the review period with growing construction activities and expanding aircrafts production. Europe is expected to bolster the market growth with increasing demand from the major end use industries such as construction, automotive, and paints & coatings among other.

Latin America and the Middle East and Africa are likely to witness a healthy growth during the review period with growing automotive and construction industries.

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Isobutyl Acrylate Market 2018 | Global Industry Share, Segments & Key Drivers, 2023

Growing construction activities and rapid industrialization around the world is primarily driving the demand of Isobutyl Acrylates. Global Construction Adhesives Markets is estimated to reach ~USD 11 billion by the end of 2023 at CAGR of 5.5%. In addition to this, Acrylate Copolymer based adhesive is constantly penetrating into major industries such as building & construction and woodworking. An increasing standards of living and disposable income of people in developing countries facilitating them to invest in decorative and high end construction activities, which is expected to fuel the demand of Isobutyl Acrylate in making adhesives & sealants. There is an increasing production of chemicals over the world with growing demand of various organic and inorganic products. This in turn, is anticipated to increase use of Isobutyl Acrylates in commercial chemical reactions. Thermoplastic industry is steadily soaring in countries namely China and India on account of greater demand, low labor cost and raw material availability, which is projected to fetch considerable amount of isobutyl acrylate in manufacturing plastic materials.  However, the major technical constraint in a growth of Isobutyl Acrylate Market is anticipated to be the potential health and environmental hazards. It violently react while polymerization reaction and is highly flammable when exposed to air. This necessitates provision of proper training and safety measures to be undertaken by handling industries. Nevertheless, with ongoing research in the field of safety and proper guidelines in place for handling this product would help overcome this bottleneck.

Regional Analysis:

Geographically, the Global Isobutyl Acrylate Market is divided into five key regions. It includes Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Among these regions, Asia Pacific is growing at highest CAGR owing to the presence of major end use industries in this region. India, China, and, Japan are the leaders in regional market. The region accounts for ~40% share of the Global Isobutyl Market. North America is holding significant share of the Global Isobutyl Acrylate Market. U.S. is the largest market is this region on account of the growing demand of isobutyl acrylates in reconstruction activities and transportation sector. Europe is another substantial region in the Global Isobutyl Acrylate Market, wherein Germany, U.K., France, Switzerland are the major markets. This is attributed to the major end use industries such as automotive and building & construction. The demand of high end value addition products in housing, and commercial buildings in this region may drive the demand of Isobutyl Acrylate. Apart from these three major regions in the Global Isobutyl Acrylate Market, the Middle East & Africa is growing at considerable rate during the forecast period. The region exhibit sizeable growth potential for Isobutyl Acrylate Market on account of increasing building & construction activities in this region. Lastly, Latin America is anticipated to join hand with leading end use industries in coming years due to pacifying economic and political scenario in Brazil and Colombia.

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Heat Stabilizers Market 2018 | Emerging Trends, Highlights and Challenges Forecast 2023

The Global Heat Stabilizers Market is segmented by Form, Type, Application and Region.

On the Basis of the Form, the Global Heat Stabilizers Market is segmented into liquids, powders, prills, pastes, and others. The liquid form held the largest market share in 2017 owing to its superior mixing characteristics and is expected to continue growing during the forecast period.

On the Basis of the Type, the Global Heat Stabilizers Market is segmented into heavy metal, metallic soaps, organic, and others. The heavy metals heat stabilizers are sub-segmented into lead, cadmium, tin, and others. The metallic soaps heat stabilizers are sub-segmented into calcium-based and mixed metal stabilizers (Ba-Zn, Ca-Zn, Mg-Zn, others). The organic heat stabilizers are sub-segmented into organometallic (organotin) and non-metallic organic stabilizers. The metallic soaps accounted to have the largest market share in 2017 under type category owing to its superior performance, and low toxicity characteristics compared to heavy metal Heat Stabilizers and are expected to grow at an encouraging rate during the forecast period. However, organic heat stabilizers are likely to show rising demand during the forecast period mostly from the developed countries owing to its 100% eco-friendly nature to meet the stringent regulation. 

On the Basis of the Application, the Global Heat Stabilizers Market is segmented into pipes & fittings, profiles & tubing, wires & cables, coatings & floorings, and others. The pipes & fittings application accounted to hold the largest market share in 2017 owing to its large-scale application in building & constructions industry across the globe and is expected to continue accounting for a significant share during the forecast period. Profiles & tubing and wires & coatings collectively accounted to hold the second largest share of the product market in 2017 owing to its wide consumption in the automotive, healthcare, and building & construction industries and are expected to show high demand during the forecast period.

On the Basis of the End-User Industry, the Global Heat Stabilizers Market is segmented into building & construction, automotive, healthcare, packaging, footwear, and others. The building & construction industry is expected to hold the largest market share due to the large-scale application of PVC; it is expected to continue dominating the market during the forecast period 2018–2023. 

Regional Analysis 

The Global Heat Stabilizers 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 market for heat stabilizers followed by Europe, which is further trailed by North America. The Middle East & Africa is expected to exhibit rising demand for Heat Stabilizers during the forecast period. Latin America is expected to witness moderate growth during the forecast period, 2018–2023. 

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Coated Fabrics Market 2018 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

Market Segmentation

The Global Coated Fabrics Market is segmented into Product Type, Application and Region.

On the Basis of the Type, the market is segmented into polymer coated fabrics, rubber coated
fabrics, and fabric backed wall coverings. Among the various product type, polymer coated fabrics were the largest segment in 2016 and are anticipated to show the same trend during the forecast period. The growing applications of the product in automobile airbags and protective clothing is anticipated to be the major factor driving the growth of the segment. The demand for polymer-coated fabrics is expected to rise substantially in the developing economies in the Asia Pacific region. The fabric backed wall covering segment is expected to witness a considerable CAGR during the forecast period. The growing implications of the product in the commercial and urban housing sector is contributing to the segment growth positively.

On the Basis of Application, the market is segregated into transportation, protective clothing, industrial, furniture, construction, and others. According to MRFR analysis, transportation is anticipated to be the largest segment for Coated Fabrics Market, which accounted for over 30% share of the market in 2017. The growing automobile sales in developing countries of the Middle East and Asia Pacific is contributing to the growth of the segment. Whereas, the protective clothing segment is likely to witness propelling growth owing to the growing demand for the product in the industrial sector.

Competitive Analysis

Some of the key players in the Global Coated Fabrics Market are Omnova Solutions Inc (U.S.), Takata Corporation (Japan), Saint-Gobain (France), Sioen Industries NV (Belgium)., Mauritzon Inc (U.S.) ContiTech AG (Germany), Isotex S.p.A. (Italy), Graniteville Specialty Fabrics (U.S.), Serge Ferrari Group (France), Heytex Bramsche GmbH (Germany), and Trelleborg AB (Sweden).

Regional Analysis

Based on the Region, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific dominated the Coated Fabrics Market in 2017 and is expected to witness the highest CAGR during the review period, 2018–2033. Factors such as growing automobile sector and industrialization are the major factors driving the market growth. North America is anticipated to be the second largest market during the forecast years. The growing safety regulation in the region has propelled the demand for protective clothing, which is a major factor contributing to the market demand.

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Blow Molding Resins Market 2018 | Challenges, Key Players, Industry Segments, Opportunities, Forecast Report 2023

The Global Blow Molding Resins Market is segmented by a Molding Process, Type, End-Use Industry and Region. 

On the Basis of the Molding Process, the market is segmented into extrusion, injection blow molding, and injection stretch blow molding. Among these processes, the extrusion has primarily used the technique to produce a large variety of hollow parts or objects with thin walls. This can be attributed to the low tool and die cost, fast production rates, and its capability of manufacturing different types of plastic products with different shapes, sizes, and neck openings. Products of different shapes such as T-section, U-section, L-section, square, and circular section can be produced by employing this technique. Bottles, industrial parts, automotive parts, watering cans, toys, appliance components are some of the products manufactured through extrusion. Injection blow molding is expected to be the fastest emerging as it enables the production in shorter time, although it is highly expensive and consumes a lot of space. 

A broad range of resins is available in the market such as polyethylene, polypropylene, polyethylene terephthalate, acrylonitrile butadiene styrene, polyvinyl chloride, nylon/ polyamides, polycarbonate, and others. The polyethylene is the dominating the market due to its use in a wide range of products, depending upon its density. HDPE is used for shampoo and motor oil containers, fuel tanks, industrial drums, and others. It is chemically inert, translucent, easily colored, recyclable, and molder-friendly. With the same properties, LDPE is used for plastic bags, squeeze bottles, among others. The demand for PET is mainly driven by its use in bottling applications for mineral water and other beverages. Moreover, recent R&D for a bio-based PET is likely to offer substantial opportunities in the global market. The use of ABS in automotive decreases the overall weight of the vehicle by 10%, which is the major factor propelling the product demand. On the other hand, polypropylene has lower density and is usually used in elevated temperature for medical parts that need autoclave sterilization, which is expected to boost the product demand over the review period. 

Among the End-Use Industry Segment, the packaging is leading the Global Blow Molding Resins Market. The shifting trend towards the usage of plastic products instead of conventional materials such as wood and metal for packaging is likely to fuel the demand over the forecast period. This is primarily due to their recyclability and biodegradability, which is one of the major concerns. The rise in trade of lightweight and durable automotive and consumer electronics is expected to fuel the product demand during the review period. 

Competitive Analysis 
Some of the manufacturers operating in the Global Blow Molding Resins Market are BASF SE (Germany), Eastman Chemical Company (U.S.), LyondellBasell Industries Holdings B.V. (Netherlands), DowDuPont (U.S.), SABIC (Saudi Arabia), Exxon Mobil Corporation (U.S.), Solvay (Belgium), INEOS (Switzerland), China Petrochemical Corporation (China), Formosa Plastics Group (Taiwan), Chevron Corporation (U.S.), Versalis S.p.A. (Italy),  Lanxess (Germany), Reliance Industries Limited (India), and LG Chem (South Korea). 

Regional Analysis 
Regionally, the Global Blow Molding Resins Market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific dominated the Global Blow Molding Resins Market in 2017 on account of the high demand for blow molding resins from major end-use industries such as packaging, automotive, construction, electronics, and others.

Europe accounted for the second largest market share in 2017 owing to the production and exportation of lightweight automotive parts in the region.

North America is expected to witness a considerable growth due to high demand from the food & beverage packaging industry. 

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U.S. Tile Adhesive Market 2018 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

U.S. Tile Adhesive Market – Overview: 

Tile Adhesive is a non-metallic substance which is able to join two substrates using adhesion mechanisms (developed between the adhesive and substrate) and cohesive mechanism (developed within the adhesive itself). They have ultimate flexibility, high bond strength, shock & impact and chemical resistance. Tile adhesives are used to install tiles in residential and commercial buildings on floors or on walls. The U.S. Tile Adhesive Market is expected grow substantially and register a healthy CAGR during the anticipated period (2017 – 2023). The need for Tile Adhesive in US is gradually rising owing to factors such as, growing demand of ceramic and thin porcelain decorative tiles, increase in residential housing projects and boom in non-residential projects. US tile adhesive market is estimated to witness high demand in near future. On the basis of type, cementicious tile adhesive accounted the largest market value share in 2016, the segment is anticipated to grow at highest CAGR due to its modified properties and low price in comparison to other adhesives. Cementicious adhesive segment is followed by dispersion adhesive and reaction resin adhesive. On basis of end user, residential segment accounted for largest market share of 54.9%, the segment is anticipated to grow at healthy CAGR during the forecast period due to increase in residential construction activities.

However, lower profit margins due to the usage of low-cost chemicals may restrain the market in future. 

Competitive Landscape: 

In competitive landscape, the MRFR studies the key developments adopted by the companies between 2011 and 2016. Players in this market adopted various strategies to expand their footprint and augment their market share. The key strategies followed by most companies in the U.S. Tile Adhesive Market were agreements and collaborations, mergers and acquisitions, joint ventures and expansion. Due to growing demand of tile adhesive in Asia Pacific region, the manufacturers in European region are using acquisition strategy in the Asia Pacific and U.S. market. 

Industry/ Innovation/ Related News: 

January 2017 – ADREX has expanded its manufacturing operations in Thailand earlier this year. The production capacity of newly started factory is 15,000 tons, wherein the primary focus will be the manufacturing of high-quality ARDEX Flooring and Tiling products. The expansion has been done in order to address the demand of tile adhesive in Asia Pacific region. 

February 2017 – BASF launched MasterTile® tile adhesives production in Russia. The range of MasterTile® products includes five adhesives: MasterTile 404, MasterTile 414, MasterTile 415, MasterTile FLX 23, MasterTile FLX 24. The adhesives’ formulations have been developed in line with GOST R 56387-2015 Russian national standard, and EN 12004 European regulations, which regulate the adhesion strength. The new product launch strategy would help BASF to dominate in Europe tile adhesive market. 

March 2017 – Saint-Gobain, through the mortars activity (Saint-Gobain Weber), acquired 100% of Buildezee Adhesives Botswana (PTY) Ltd, a leading manufacturer of tile adhesives and grouts in Botswana. The acquisition has been done in order to expand the tile adhesive operation in the region in order to address the forthcoming demand. 

April-2016 – EVO-STIK has launched a new, white floor and wall tile adhesive, ideal for use with ceramic, stone and porcelain tiles with no risk of show through. Setting in as little as two hours, the cement-based adhesive can be used to fix tiles to a range of materials including wood, concrete and plaster. The innovative solution in tile adhesive market by EVO-STIK would help it to attract the consumers in the market. 

April-2016 – Consumer products giant Henkel has acquired tile adhesives business and associated brands of Columbian wall and floor coverings manufacturer Alfagres for $19 million. The acquisition includes Alfagres’s key brands Alfalisto and Pegalisto. With this acquisition, Henkel expects to expand its portfolio in emerging markets and strengthen its adhesive technologies business in Colombia.

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