GCC Molded Plastics Market: Construction Industry Sustaining Demand, says TMR

According to the findings of a recent report by Transparency Market Research (TMR), the molded plastics market in Gulf Cooperation Council (GCC) is highly fragmented, with ten leading companies accounting for merely 40% shares of the global pie in 2014. On the other hand, on the basis of geographical distribution, the GCC molded plastics market is consolidated, with Saudi Arabia accounting for 60% of the plastic converters while 15% belonged to the UAE. As for the new entrants, the report detects that since most of the prominent vendors have relatively smaller production capacity ranging from 10 to 50 kilo tons, higher production capability aimed at specific regional pockets will pave the way.

As per the projections of the TMR report, the GCC molded plastics market will increment at a strong CAGR of 8.3% during the forecast period of 2015 to 2023, reaching a valuation of US$14.22 bn by the end of 2023, considerably up from its evaluated worth of US$7.19 bn in 2014. Though there are a vast number of suppliers of molded plastics in GCC, there also are plenty of untapped growth opportunities, and expansion strategies as well as improved product portfolio will help the companies to strengthen their stronghold over the competition.

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Packaging and Construction Industries Driving Demand

Based on application, the GCC molded plastics has been segmented into building and construction, automotive and transportation, packaging, consumable and electronics, and others such as furniture and toys. Among these, the packaging industry accounted for the maximum demand at 52% in 2014, and is expected to remain most profitable, reaching a share of 56% of the overall demand by the end of 2023. The prosperity of the packaging industry in Gulf Cooperation Council is a reflection of consistently improving trade activities and the growth of the industrial as well as consumer goods sectors.

The products packaged with molded plastics undergo several development phases in order to comply with regulatory guidelines and the requirement of the end users. Enhanced performance against wear and tear, increased shelf life of food products, improved durability are some of the requirements that plastics need to meet for packaging applications. The population of this region has escalated quickly in the past decade, which has helped in creating manifold growth opportunities for molded plastic packaging market.

The building and construction is flourishing in GCC as well, wherein molded plastic are used to manufacture rain water & sewage pipes, electrical conduits, windows & doors, gas distributions pipes, plumbing, tanks, flooring tiles & rolls, and others. The medical and automotive are also expected to maintain significant demand rolling-in in the GCC molded plastic market.

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Country-wise, the report studies the potential of molded plastic market in Saudi Arabia, Qatar, UAE, Kuwait, Bahrain, and Oman, and picks out Saudi Arabia as most profitable country, while the UAE and Kuwait are rated to expand the demand for molded plastic moderately during the forecast period, primarily gaining traction from the construction industry.

Medical Sector Opening New Avenues

Rapid growth of the packaging industry in the Middle East and the prosperity of the construction industry are two prominent drivers of the GCC molded plastics market, which on the other hand, is facing challenge from the unpredictable demand patterns of economic and political stability. Improved product portfolio to cater to diverse sectors and research and development are two key strategies adopted by the leading vendors to gain ground over their competitors. The popularity of lightweight materials and growing application in the medical industry is expected open new avenues for the GCC molded plastic market.

The information presented in this review is based on a Transparency Market Research report, titled, “Molded Plastics Market – GCC Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 -2023.”

Fencing Materials Market Rising Demand For Decorative And Innovative Home Products, By 2025

A fence is an enclosure used for a property or a region. It is a barrier enclosing a border or a field or a yard. A fence is not a wall, as it does not have a solid foundation along its whole length. It is constructed from posts that are connected by boards, wires, rails, or netting. A fence is usually constructed to prevent entrance, to confine, or to mark a boundary.

A fence can be made from different materials. Based on material, the fencing materials market can be segmented into metal, wood, plastic & composite, concrete, and other materials. The metal segment dominates the fencing materials market, as metal fences are durable and require low maintenance. Ornamental metal fencing is expected to expand at a rapid pace, as increasing number of consumers believe that these fences enhance the exterior appearance and value of properties. However, chain link fencing is anticipated to continue to be the major category of metal fencing in terms of demand due to its low cost and durability. Wood and plastic & composite segments follow the metal segment.

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Plastic & composite is projected to be a rapidly growing segment of the global fencing materials market owing to the durability of the material and negligible repair and maintenance requirements. Demand for wood fencing is expected to remain higher than that for plastic and composite fencing during the forecast period, primarily due to its lower cost. The plastic & composite fencing segment is anticipated to register fast rate of growth in value and volume. Plastics and composites have longer lifespans, are less susceptible to damage caused by the elements, and offer long-term color consistency.

Increase in adoption of high value fencing materials such as ornamental, metal, and plastic & composite lumber is anticipated to boost the demand for fencing materials in the near future. The growth of fencing materials market is driven by rising building construction expenditures. Rise in adoption of high value fencing materials such as ornamental, metal, and plastic and composite lumber will further boost demand. These materials have the ability to improve the appearance and value of the properties where they are installed

Based on application, the fencing materials market can be divided into residential, agricultural, and industrial. Residential is the major application segment of the fencing materials market. The residential segment accounts for the key share of fencing materials market. It is estimated to outpace the other segments during the forecast period. Increase in construction and remodeling activities is projected to drive the segment in the next few years. Sustained growth in housing completions and rising expenditure on residential improvement and repair are likely to boost the demand for fencing materials during the forecast period.

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As consumer confidence continues to grow, an increasing number of homeowners is expected to undertake home improvement projects, including the addition of new fences and repair of the existing ones to improve the appearance and value of their properties. Rise in need to safeguard farm animals, crops, and farm areas from wild animals and thieves is anticipated to propel the demand for fencing materials in the agricultural sector. The industrial segment is anticipated to expand owing to the rise in demand for fencing materials in schools, colleges, and industrial premises.

North America is anticipated to dominate the fencing materials market, followed by Asia Pacific and Europe, due to the rise in demand for decorative and innovative home improvement products in the region. On the other hand, Asia Pacific is expected to be a rapidly growing region for the fencing materials market owing to the large number of construction projects and developments in the agricultural sector.

Key manufacturers operating in the global fencing materials market include Betafence NV, Bekaert, Jerith Manufacturing Company Limited, Associated Materials LLC, Ply Gem Holdings Incorporated, Long Fence Company Incorporated, Poly Vinyl Company Incorporated, Gregory Industries Inc., and CertainTeed.

Diesel Exhaust Fluid Market Focus On Nitrogen Oxide Emission, Growth By 2025

In the year 2000, the Environmental Protection Agency (EPA) continued with its ‘2007 Highway Rule’ to make heavy-duty on-road vehicles for instance trucks and buses run cleaner. According to the EPA, starting 2007, harmful pollution from heavy-duty highway vehicles was to be reduced by more than 90%. From 2010, diesel truck emissions were required to exhibit a 97% reduction in their sulfur content.

With the implementation of the new EPA requirements, 2010 brought significant changes in on-road diesel engine vehicles. Engine manufacturers have come up with advanced pollution control technology options for cars, trucks, and buses. It initiated with the implementation of exhaust gas recirculation (EGR) systems to reduce NOx, then advanced to the diesel particulate filter (DPF), and now selective catalytic reduction (SCR) which applies primarily to diesel vehicles manufactured in and after 2010. This technology uses ammonia to breakdown NOx emissions produced during diesel combustion, converting them into nitrogen and water. SCR has become the technology of choice for a majority of truck and engine manufacturers to meet EPA’s stringent emissions standards. The biggest advantage of SCR for the vehicle owner is fuel savings. As SCR deals with NOx outside the engine, so that manufacturers can fine tune their engines to run more efficiently and generate more power, which leads to a diminution in particulate matter, less frequent regeneration of the DPF, and increased fuel economy.

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Diesel exhaust fluid (DEF) is injected into the exhaust stream just ahead of the SCR catalyst. It converts NOx into harmless nitrogen and water. This greatly reduces NOx, a significant contributor to greenhouse gases in the air, with the overall diesel emissions reduced by 90%. With the use of DEF, 2.6 million tons of smog-causing NOx emissions are predicted to be reduced every year.

DEF is a mixture of automotive-grade urea, high-purity, synthetic and deionized water. This liquid is clear, non-toxic, non-flammable, non-explosive, and generally non-hazardous. Additionally, it is classified as least risk for transportation. DEF is mixed at a ratio of 32.5% formaldehyde-free low biuret urea and 67.5& deionized water. Diesel exhaust fluid weighs 9.1 pounds per gallon which is heavier in comparison with diesel. While it freezes at 12°, its quality and composition are not affected by thawing or freezing. All DEF are designed to break down at elevated temperatures. Industry standard requirements specify storage between 23° F (-5° C) to 86° F (30° C) for maximum shelf life. DEF typically has a shelf life up to 2 years from the time of manufacture.

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DEF manufacturers strictly adhere to the ISO 22241 quality standards. In Europe, the German Association of the Automotive Industry (VDA) controls the “AdBlue” trademark and uses it to safeguard that DEF quality standards are maintained in accord with DIN 70070, which is similar to the U.S.’s ISO 22241. DEF is provided in portable containers and bulk storage.

Growing environmental concerns and declining carbon emissions are forcing governments across the globe to focus on DEF to cut down nitrogen oxide emissions. Moreover, level-3 regulations introduced by the EPA of the U.S. aim at significantly reducing poisonous gases and offering guidelines to improve the fuel efficiency of diesel engines. This, coupled with rising automobile sales across the globe, is expected to boost the demand for diesel exhaust fluid by 2025. Furthermore, the introduction of hybrid selective non-catalytic reduction (SNCR) and selective catalytic reduction (SCR), which are cost-effective solutions incurring low capital as well as operational cost, are anticipated to further drive the global diesel exhaust fluid market during the forecast period.

Key market leaders include Brenntag North America, Cummins and Valvoline, Yara International ASA, GreenChem Solutions Ltd, China Petroleum and Chemical Corporation (SINOPEC), Total S.A, and Shell Rotella (Royal Dutch Shell plc).

Borophene Market – Application of Borophenes In Energy Sector Expected To Have Promising Growth By 2025

Borophene is a sheet of boron with a structure similar to graphene. Borophene is considered a better conductor of electricity, compared to graphene due to its strong anisotropic structure. Borophene is an unusual material as it shows many metallic properties at the nanoscale. Key properties of borophene include low density, high strength, and high levels of flexibility. Due to the unique properties it possesses, borophene is expected to have applications in electronic sensors, semiconductors, and tribological devices. They are expected to be employed in super conductivity applications owing to the strong electron-photon coupling. In the bulk form, borophene acts as an insulator whereas, at the nano level, it acts a conductor.

Borophene can be used as anode and cathode electrodes and thus application of borophenes in the energy sector is expected to have promising applications in the coming years.

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Borophene has recently emerged as an important nanomaterial with enhanced electrical and mechanical properties. They are considered the ideal candidate for photovoltaic devices. It is believed that borophenes can be used for generating electricity, and can be used in solar cells, electrochemical capacitors, photo switching energy storage units, and bio-batteries. Carbon nanotubes are found to be effective in electrochemical capacitors as they can provide a strong entangled network which allows metal oxide deposition. Growing demand for composites which find application in the electrical & electronic, and energy sectors is the key driver of the global borophene market.

Similarly, the need for lightweight materials for energy storage in the aerospace, defense, and electronics sectors are also expected to propel the market for borophene. The developments in various industries in Asia Pacific are another significant trigger for this market. Advancements in science and technology coupled with research & development activities are also considered to be major drivers of the borophene market.

In terms of application, the borophene market can be classified into electronic circuits, solar cells, energy storage, medical, chemical, and industrial. Borophene can be used as a component in transistors. The photovoltaic applications of borophene are expected to be highly attractive. The conducting electrons present in the borophene make it ideal for optoelectronic applications. Energy storage applications of borophene include electrodes, fuel cells, and thermos-electronics.

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The global borophene market expanded significantly in 2016. This trend is estimated to continue during the forecast period (2017-2025). Active research work based on borophene material is gaining momentum across the globe. On the basis of demand for the product, North America has been dominating the borophene market for the past few years. The rising demand for borophene in the composites, energy, electrical & electronics, and various industrial end-user segments is an important trend boosting the usage of borophene. Asia Pacific is considered a key region for the development of the borophene market due to the demand from the semi-conductor industry and chemical industry.

The use of borophene as electrode material, both as anode and cathode material is anticipated to drive the market in the Asia Pacific region. Technological advancements coupled with research & development activities in Europe make it an attractive market for borophene. The presence of emerging economies both in Latin America and Middle East & Africa is also projected to drive the global borophene market for the electricity generation market.

Kyma Technologies is one of the key manufacturers in the borophene market.

Bi-axially Oriented Polyamide Films Market Growth and Forecast By 2025

Biaxially Oriented polyamide film, also known as BOPA film, is made of polyamide resin, which can be used for a wide range of applications especially where high barrier requirements to gas, fat and transmission of aroma are necessary. High resistance to impact puncture and pin holing. Polyamide (PA) is also known as Nylon, it is a clear and printable thermoplastic that has a relatively high melting point, exceptional strength and toughness, and good oxygen barrier properties. Nylon is ideal for cheese packaging because it has excellent oxygen barrier properties but is carbon dioxide (CO2) permeable, thus if CO2 is formed during storage it will not be trapped inside the package.

Based on application, the bi-axially oriented polyamide films market has been divided into food packaging, pharmaceutical packaging, balloon and others. Food packaging accounted for a significant share in the global bi-axially oriented polyamide films market due to the rise in packaged food industry. Bi-axially oriented polyamide films in pharmaceutical packaging is expected to experience a high growth rate, led by developments in the pharmaceutical sector. Industrial advancements are anticipated to drive the bi-axially oriented polyamide films market during the forecast period. Bi-axially oriented polyamide films are basically used when when high mechanical strength, high melting point, transparency, and good oxygen barrier is required.

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In terms of region, the global bi-axially oriented polyamide films has been distributed over Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Asia Pacific was a major market for bi-axially oriented polyamide films in 2015 and is estimated to expand due to the rising number of end use industries. The growing demand for bi-axially oriented polyamide films in the pharmaceutical sector is also likely to boost the need for bi-axially oriented polyamide films in Asia Pacific in 2015. Its applications are driven by the rise in food packaging industry.

The U.S. and China are likely to constitute major shares in the bi-axially oriented polyamide films market in Asia Pacific and North America respectively due to the evolution in fabrication. The market is anticipated to witness a shift from developed countries to the developing economies of Asia due to the fewer stringent environmental regulations in the latter. China and India are projected to register a high growth rate in the bi-axially oriented polyamide films market due to the advancements in end-use sectors, technological developments, and new innovative products launched in these countries. Thus creating a huge demand for bi-axially oriented polyamide films in Asia Pacific for the forecast period.

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The global demand for bi-axially oriented polyamide films is anticipated to rise significantly in the near future, thereby offering immense growth opportunities for the market. The rapid rise in demand for this product in end-use applications, competitive manufacturing costs, and high economic growth rates are propelling the bi-axially oriented polyamide films market in Asia Pacific. These factors are attracting companies to adopt expansions and R&D strategies in the region. Market players are focusing on Asia Pacific to gain substantial market shares. Producers of bi-axially oriented polyamide films have been compelled to adopt expansion and acquisition strategies to meet the global demand. Several producers are shifting their plants to countries such as China and India due to the high demand and low raw material and labor costs there. The developments in various end-use sectors in the region have fuelled the requirement for Bi-axially Oriented Polyamide Films during the forecast period.

Key players operating in the global Bi-axially Oriented Polyamide Films market are Impex Global, LLC, Green Seal Holding, Unitika Ltd, Toray, Domo Chemicals, TOYOBO Co.,LTD, Honeywell, Hyosung, Kolon Industries, Inc., Biaxis, Mf-Folien, and Zidong Chemical.

Dewatering Equipment Market – Handling Of Solids Helps Reduce Additional Weight Of Water, Growth By 2025

Dewatering equipment are the equipment used to separate water from solids. They are employed at all places where drying is required. Water is separated forcefully from solids using vacuum or centrifugal motion. It is one of those methods that prove to be cost-effective in several manners. Its use in waste management systems or at sites involving handling of solids helps reduce the additional weight of water. This proves to be cost-effective as charges are applicable as per the unit weight. Heat drying, a method that can be used to substitute dewatering equipment, proves to be costlier owing to the cost involved in providing energy to the microwave used.

Dewatering equipment typically include vacuum filters, filter presses, drying beds, sludge lagoons, centrifuges, etc. Centrifuges offer a large number of advantages such as less space requirement, fully automated nature, user-friendliness, cost-effectiveness. They hardly require any personnel attention. They offer higher cake dryness and amount of polymer on the same sludge. The choice of dewatering equipment largely depends on the method used for dewatering and the site of work at which they are installed.

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Dewatering equipment have hardly any disadvantages; for example, filter presses require more space as compared to the other dewatering equipment. They are partially automated and require personnel attention. Centrifuges consume higher energy. The need for dewatering equipment has been continuously increasing and is expected to increase more in the near future, as water is an integral part of almost every activity in day-to-day household chores and several industrial activities. Rapid industrialization and increase in population are the major reasons for the increase in demand for these equipment. Especially, centrifuges are gaining importance owing to their several advantages and cost-effectiveness in terms of cost of labor, chemicals, and disposal.

Based on method of dewatering employed, the market can be segmented into well point method, eductor wells method, deep well point method, and open sump pumping method. The method employed largely depends on the site of application, while the dewatering equipment used largely depends on the method of dewatering employed.

Based on its use at the site of application, the market for dewatering equipment can be segmented into industrial and waste disposal applications. Due to rapid industrialization in developing nations of the world, demand for dewatering equipment in industrial applications has been increasing and is expected to rise even more during the forecast period. Increasing population and stringent environmental regulations and waste disposal norms are factors responsible for increasing need for dewatering equipment at waste disposal sites. Currently, the market is dominated by the industrial application segment and is expected to expand at a considerable growth rate during the forecast period.

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Geographically, the global dewatering equipment market can be segmented into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Rapid industrialization and infrastructure development in some of the developing countries in the region such as China and India are likely to make APAC an attractive market for dewatering equipment in the industrial application segment in the next few years. Also, increasing population and stringent government norms regarding waste disposal in these countries are the major reasons for increase in demand for dewatering equipment in Asia Pacific. The market in the region is expected to expand at a considerable growth rate during the forecast period.

Rapid industrialization, need for development of infrastructure, increasing population, intensifying environmental laws and considerations are some of the major reasons for requirement for newer technologies and cost-effective and efficient innovations in dewatering equipment. At present, the dewatering equipment market in Asia Pacific is dominated by the centrifuges segment as well as the industrial application segment.

Some of the key players operating in the global dewatering equipment market are Alfa Laval, Phoenix Process Equipment, Andritz, AQ Septance Group, and Veolia Water Technologies.

Bioadhesive Market Demand for Animal-based Bioadhesives to Remain High, Growth By 2024

The global market for bioadhesive has been gaining significantly over the recent past. Thanks to the increasing implementation of stringent rules and regulations, compelling industries to limit the application of petroleum-based products, the focus on eco-friendly, bio-based adhesives has increased, which is reflecting greatly on this market. The technological advancements in research and development activities and the resultant advancements in adhesives is also supporting the adoption of a variety of bioadhesives across the world. Going forward, the increasing entry of new vendors in this market is likely to back up its growth over the next few years.

As per Transparency Market Research (TMR), the global market for bioadhesive, which stood at US$251.6 mn in 2015, is anticipated to rise at a healthy CAGR of 12.90% during the period from 2016 to 2024 and is projected to increase to US$736.0 mn by the end of 2024.

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The global market for bioadhesives is broadly analyzed on the basis of the source and the end user. Based on the source, the market has been classified into plant-based bioadhesives and animal-based bioadhesives. Among the two, the animal-based bioadhesive segment led the global market in 2015 with a share of nearly 80%. Researchers expect it to continue like this over the forecast period as well on the ground of the rising utilization of these adhesives in the medical and healthcare industry for specialty applications, such as open surgeries and wound closures.

By the application, the market has been categorized into the paper and packaging, medical, personal care, wood works and furniture, and the construction industries. With a share of more than 30%, the paper and packaging industry surfaced as the leading consumer of a varied range of bioadhesives in 2015. Over the coming years, the industry is expected to continue as the key end user of bioadhesives, thanks to the steady rise in the global packaging industry.

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Europe to Retain its Top Position

Geographically, the worldwide market for bioadhesives is led by Europe. In 2015, the European market accounted for more than 35% of the overall market, thanks to the increase in the construction activities. Over the forthcoming years, the regional market is likely to remain dominant on the grounds of the high demand for bioadhesives in several industries, such as construction, packaging, and wood works and furniture in this region. Germany is anticipated to emerge as the leading consumers of bioadhesives in Europe in the near future.

Apart from Europe, North America is also expected to display lucrative growth opportunities for the market for bioadhesives. The rising implementation of stringent norms and policies concerning the usage of petroleum-derived products in this region is likely to boost the North America market for bioadhesives in the years to come. The development of novel products with efficient adhesive properties is also projected to provide momentum to the North American market over the next few years.

Adhesives Research Inc., 3M Co., SCION, Adhbio, Bioadhesive Alliance Inc., Meredian Holdings Group Inc., Ecosynthetix Inc., Ashland, Cryolife Inc., and Henkel Corp. are some of the key players operating in the global bioadhesive market.

UV Adhesives Market Surge in Construction Activities to Drive Asia Pacific By 2020

The global UV adhesives market is witnessing a high growth in the recent times on account of the increasing demand for compact electronic devices. The demand for UV adhesives for flexible packaging solutions will also help drive the growth prospects of this market. Key benefits of using UV adhesives include, high bond strength, low volatile organic compound emissions, and fast curing rates. Thus, UV adhesives are excellent for applications needing fast curing, such as permanent bonding.

Since the adherence of UV adhesives to substrates made of wood, plastics, metals, and similar other materials are excellent, they are extensively used for both structural and non-structural applications. Therefore, the global UV adhesives market is projected to witness a healthy growth over the forecast period. On the other hand, the high initial installation cost is acting as a restraint for the growth of this market. The end users are inhibiting form investing in the advanced machinery required for UV curing, owing to the high cost. This is having a negative impact on the growth of the UV adhesives market. On a positive note, the novel applications of UV adhesives will create growth opportunities in the market. The development of alternative solutions such as LED UV lamps for curing and innovation of new products will drive the growth prospects of the UV adhesives market across the globe.

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Assembly Application to Emerge Dominant Leaving Behind Packaging and Laminating Segment

The packaging and laminating applications had been leading in the global UV adhesives market and occupied considerable shares in the past, trailed by the assembly application segment. However, this scenario will flip and the assembly application segment will become the leading segment in the market, witnessing the fastest growth during the forecast period. The rapid growth in construction activities is slated to fuel the demand for UV adhesives across the globe. These adhesives are used and in demand for flooring, wood working and other interior applications.

On the basis of most lucrative region in the world for the UV adhesives market, it is Asia Pacific that will appear in the forefront. Driven by the surge in construction activities, Asia Pacific will witness the fastest growth in the years to come. The North America region led in the market in the recent past and accounted for considerable share. The Rest of the World is anticipated to witness a healthy and steady demand for UV adhesives during the forecast period. The rise in infrastructural activities and growth in the construction and building industries will fuel the demand for UV adhesives from this part of the world. 

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Epoxy UV Adhesives to Lose Shares in Future

UV adhesives are produced using a variety of chemistries such as styrene-butadiene copolymer (SBC), acrylic, polyurethane, polyvinyl acetate (PVAc), silicone, and epoxy. Of these the high bond strength provided by acrylic makes it the most widely accepted and used product type. Acrylic not only offers optical clarity, but is low in price. Thus, it is being increasingly preferred. Moreover, acrylic is anticipated to expand at the fastest growth rate in the coming years. Epoxy UV adhesive, which was one of the leading product segments in the past, is however slated to lose market shares to acrylic, silicone, and polyester.

Wood Adhesives and Binders Market Leads to Most Promising Growth Opportunities By 2020

Wood adhesives and binders refer to substances that adhere or bond to wood surfaces or wood particles. Used across a vast number of applications in areas where wooden structures are employed, wood adhesives and binders are among the key entities required across a number of consumer and industrial applications such as furniture, flooring, doors, windows, and cabinets. To be able to provide excellent bond between wooden surfaces wood adhesives and binders are required to exhibit great bonding strength, resistance to chemicals and temperature, and durability.

While wood adhesives are available in both natural and synthetic varieties, focus has considerably increased on the production of new product varieties with lower content of volatile organic compounds (VOCs). This trend is driven due to the stringent regulations laid down by regulatory authorities against the use of environment damaging chemicals. This trend is expected to remain one of the key transformational factors impacting the overall development of the global wood adhesives and binders market in the next few years.

Transparency Market Research estimates that the global wood adhesives and binders market will exhibit a CAGR of 4.4% over the period between 2014 and 2020 and rise from a valuation US$13.15 bn in 2013 to US$17.77 bn by 2020.

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Demand for Wood Adhesives and Binders for Furniture and Subcomponents to Lead to Most Promising Growth Opportunities

The report examines the key applications of wood adhesives and binders across applications segments such as cabinets, flooring and plywood, furniture and subcomponents, windows and doors, crafts, and do-it-yourself consumer products. The furniture and construction industries grant the market its most promising application segments in the form of flooring, windows and doors, plywood, and furniture. A variety of wood adhesives and binders are extensively used to manufacture particle boards, oriented strand boards (OSBs), medium density fiberboards, and softwood plywood for use across these application areas.

The segment of furniture and subcomponents is expected to emerge as the leading segment in terms of growth rate over the report’s forecast period. The segment is projected to exhibit a promising CAGR of over 5% in terms of volume over the period between 2014 and 2020. On the other hand, the segment of flooring and plywood remained the dominant segment across all regions in 2013. The segment accounted for over half of the global consumption of wood adhesives and binders in the said year. The trend is projected to continue to remain strong over the report’s forecast period, with demand from the vast rise in infrastructure activities to remain the key driver.

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Asia Pacific Market to Present Most Promising Growth Opportunities

In terms of geography, the report examines the wood adhesives and binders market in regions such as Asia Pacific, North America, Europe, and Middle East and Africa. Of these, the market in North America accounted for the dominant share of revenue in the global market in 2013 and also led in terms of volume-wise consumption. The region accounted for a massive 33% of the global consumption of wood adhesives and binders in 2013. In the next few years, North America is expected to retain dominance owing to vast demand across flooring and plywood applications.

Emerging economies in Asia Pacific are expected to be among the most promising markets for wood adhesives and binders over the report’s forecast period. The vast rise in construction activities owing to rising urbanization in countries such as India and China is expected to emerge as the key demand driver of the global wood adhesives and binders market in the Asia Pacific region over the report’s forecast period.

Some of the leading players operating   in the global wood adhesives and binders market are Bostik SA, Avery Dennison Corporation, Dow Chemical Company, Adhesives Research Inc., Huntsman Corporation, Henkel AG & Co. KGaA, BASF SE, H.B Fuller Company, 3M Company, and Ashland Inc.

Wood-Plastic Composites Market: Increase in Building and Construction Activities to Boost Demand, TMR

According to a new report published by Transparency Market Research (TMR), the global wood-plastic composites market demonstrates a highly fragmented and a competitive landscape. With the presence of a number of wood-plastic composite manufacturers, the competition within the market will continue to increase in the years to come. The leading companies, such as, Fiberon LLC, Trex Co. Inc., Fineko, a CPG International, and Advanced Environmental Recycling Technologies, are focusing on expanding their businesses by reaching out to consumers in developing economies. Mergers, acquisitions, and partnerships are likely to surface as the most popular strategies among participants looking to expand their reach across various regions, notes in the study.

As per TMR’s estimations, the global market for wood-plastic composites was US$2.6 bn in 2012. Analysts anticipate the market to expand at a CAGR of 10.80% during the period from 2013 to 2019 and attain a value US$5.3 bn by the end of the forecast period. Polyethylene wood-plastic composites have emerged as the most valued product in this market and the trend is projected to remain so over the next few years, states the research report.

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Demand for Wood-plastic Composites to Remain Strong in Building and Construction industry

Wood-plastic composites find a widespread application in a number of industries, including the automotive, electrical, and the building and construction sectors. They are also extensively utilized into trays, shoe soles, toys, and musical instruments across the world, states the research report. The demand for these composites has been higher in the building and construction industry in the last few years. Thanks to the augmenting utilization of these composites in decking boards, window lineals, door components, rails and balusters, and fencing and sliding products, the building and construction industry is likely to remain the key consumer of wood-plastic composites in the years to come.

The report also analyses the worldwide market for wood-plastic composites geographically, segmenting it into Europe, Asia Pacific, North America, and the Rest of the World (RoW). With a share of more than 65%, North America led the global market in 2012. The regional market is anticipated to continue at the top position over the forecast period. Asia pacific, on the other hand, is expected to present the most lucrative growth opportunities to wood-plastic composite manufacturers in the near future, states the study. 

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Rise in Automotive Industry to Fuel Demand

“The global market for wood-plastic composites is witnessing a high rise in its size and valuation and will be remain doing so over the next few years,” says the author of this study. The significant increase in industrialization and the rising trend of urbanization has fueled building and construction activities across the world, which consequently, is influencing the demand for wood-plastic composites greatly.

Going forward, the rise in the automotive industry will reflect positively on the demand for wood-plastic composites in the near future. However, the advent of several other natural fiber composites as alternatives may limit the market’s growth over the next few years, reports the study.

The global wood-plastic composites market is segmented into the following categories:

By Product

  • Polyethylene wood-plastic composites
  • Polypropylene wood-plastic composites
  • Polyvinyl chloride wood-plastic composites
  • Others (ABS, Polystyrene and Polylactide) 

By Application

  • Building & construction
  • Automotive
  • Electrical
  • Others (Toys, Trays, Musical Instruments, Shoe Soles, etc.) 

The study presented here is based on a report by Transparency Market Research (TMR), titled “Wood-Plastic Composites Market (Product – Polyethylene, Polypropylene, Polyvinyl Chloride, ABS, Polystyrene, and Polylactide; Application – Building and Construction, Automotive, Electrical, Toys, Trays, Musical Instruments, and Shoe Soles) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013–2019.

Coating Equipment Market With Liquid, Powder, Specialty Coating Equipment Segments, Growth By 2025

Coating Equipment Market – Coating is a covering that is applied on a surface to improve its functional or aesthetic properties. Paints is a major type of coatings. Paints are used in a wide variety of applications in automotive, industrial, building & construction, marine, medical, electrical & electronics, utility, and oil & gas sectors. Coatings are applied on all kinds of substrates including polymers, glasses, metals, and ceramics. The use of coatings is increasing all over the world as companies are adopting a prevention-based approach in order to decrease the costs incurred by rusting of equipment.

A wide range of techniques to apply coatings on a substrate, which use different equipment, are available. A good coating equipment device ensures that there is even distribution of the coating material over the substrate, proper mixing of different components of the material being coated, optimum drying, and presence of an efficient exhaust system to remove the residual solvent vapors. Rising consumption of coatings across the world is likely to, in turn, raise the demand for coating equipment in the next few years.

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Coating Equipment Market: Drivers and Restraints

Increasing demand from key end-user sectors such as automotive, industrial, medical, and building & construction is likely to be a key driver for the coating equipment market during the forecast period. The use of coatings to provide protection to different products as well as impart functional properties to the product surfaces is increasing in these sectors. Several companies in unorganized sectors in emerging economies, which were using non-standard methods for applying coatings earlier, are shifting toward the use of standard coating equipment. This shift is taking place due to increasing availability of capital for purchasing the equipment led by economic growth as well as more stringent governmental regulations.

The use of solvent-based coatings has been restricted in several countries. This would have a negative effect on equipment for solvent-based coatings in the near future. However, the use of water-based coatings is increasing at a rapid pace, which would increase the demand for related coating equipment in the next few years. Increasing costs of raw materials such as plastics, metal parts, electric components and electronic circuits is expected to be a restraint for growth of the coating equipment market during the forecast period.

Coating Equipment Market: Segmentation

Based on type, the coating equipment market can be segmented into:

Liquid coating equipment, Powder coating equipment, Speciality coating equipment, Others

Based on application, the coating equipment market can be divided into:

Automotive, Medical, Aerospace, Industrial, Building & Construction, Marine, Electrical & Electronics, Others

The medical segment of the coating equipment market is anticipated to expand at a rapid pace in the next decade, due to growing use of these equipment in drug delivery applications. Rising urbanization and industrialization in several regions of the world is likely to boost the demand for coating equipment in these regions in the near future.

Based on material characteristics and method of application, the coating equipment market can be segmented into liquid coating equipment, powder coating equipment, and specialty coating equipment.

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Coating Equipment Market: Region-wise Outlook

Based on geography, the global coating equipment market can be segregated into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to be a highly attractive market for coating equipment during the forecast period. Industrial growth and rapid urbanization in countries such as China, India, and Indonesia is likely to boost the demand for coating equipment in these countries in the next decade. The coating equipment markets in mature economies in Western Europe and North America are likely to witness sluggish growth in the next decade. Demand for coating equipment in several developing countries such as Mexico, South Africa, and Russia is likely to remain high in the next few years.

Coating Equipment Market: Key Players

Nordson Corporation, Anest Iwata,Graco Inc., C. Oerlikon, IHI Ionbond AG, SATA GmbH & Co. KG

Waterproofing Chemicals Market Analysis and Future Growth 2024

Waterproofing Chemicals Market – With the robust growth of the construction industry, the global market for waterproofing chemicals has gain substantial impetus across the world. Waterproofing chemicals are used for several purposes, such as, the protection of the buildings from seepage and leakage caused by water and moisture. The upswing in industrialization and the rise in urbanization have stimulated the demand for these chemicals considerably, which is likely to remain strong across the world on the grounds of new construction projects as well as projects managing refurbishment of existing buildings. The increasing costs raw materials and surge in labor wages is expected to drive this market further in the years to come.

The rising construction of public infrastructure spaces, such as, tunnels, bridges pavements, and public utility centers, and roads, are also projected to add to the demand for waterproofing chemicals in the near future.

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In 2015, the overall opportunity in the global waterproofing chemicals market was US$7.6 bn. Analysts expect the market to remain positive with a CAGR of 5.10% over the period from 2016 to 2024 and reach a value of US$12.3 bn by the end of 2024.

Construction Industry to Remain Key Consumer for Waterproofing Chemicals

Waterproofing chemicals find an extensive application in the infrastructure, textile and leather, automotive, and the construction sectors. Among these, the construction sector has surfaced as the leading consumer of these chemicals and is expected to remain dominant over the next few years. In construction activities, roofing has been exhibiting a considerable demand for these chemicals, thanks to a substantial increase in the government fund on the improvement of infrastructure across the world.

PVC, polytetrafluoroethylene (PTFE), thermoplastic olefin (TPO), bitumen, silicone, and ethylene propylene diene terpolymer (EPDM) are the key products available in the global market for waterproofing products. Among these, bitumen holds the maximum amount of share in the global market, thanks to its high viscosity and exceptional binding properties. PVC and silicone also enjoy a strong demand and are anticipated to continue doing so over the forthcoming years.

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Asia Pacific to Remain Dominant Market for Waterproofing Chemicals

The Middle East and Africa, Europe, Asia Pacific, Latin America, and North America have surfaced as the key regional markets for waterproofing chemicals. Among these, Asia Pacific has acquired the leading position and is anticipated to remain seated here over the forthcoming years. The significant rise in building and construction activities and the rising number of smart city projects in various countries, such as New Zealand, India, and Singapore are the main driving factors behind the growth of the Asia Pacific market for waterproofing chemicals.

Among others, the Middle East and Africa region is emerging as the most promising market for waterproofing chemicals, thanks to the increasing expansion of the refining capacities of a number of refineries in the Middle East.

The highly consolidated competitive landscape of waterproofing chemicals includes several established players, such as Liquipel LLC, RPM International Inc., MUHU (China) Construction Chemicals, Archroma Management LLC, Sibelco AG, Pidilite Industries Ltd., H.B. Fuller, W.R. Grace and Co., Sika AG, Evonik Industries, Akzo Nobel NV., Wacker Chemie AG, Mapei SpA, E.I. du Pont de Nemours and Co., The Dow Chemical Co., and BASF SE. These partcipants are concentrating on their expansion in emerging economies in Asia Pacific, Latin America, and the Middle East and Africa.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players.

According to the report, the global market opportunity in welding productsis expected to rise from US$19,080.3 mn in 2015 to US$23,777.5 mn by 2020. On the basis of technology, the resistant welding segment is expected to lead and account for 26.8% of the market by 2020. By product, the stick electrodes segment is expected to retain its leading position in the market and account for 40.9% of the market by 2020.

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On the basis of application, the automobile and transportation segment is anticipated to lead in the years to come and account for 17.8% of the market by 2020. The building and construction segment will be the second most lucrative application segment by 2020. Asia Pacific is expected to hold a dominant share in the market and is estimated to account for 43.8% of the market by 2020.

Oil and Gas Sector to Drive Growth Prospects of Welding Products Market

According to the lead author of this report, the demand from the automotive sector will boost the global welding products market. In addition to this, the repair and maintenance of automobiles will also boost the demand for welding products. Further, the high demand from the construction sector will help in driving the growth prospects of the welding products market in the coming years. The growth in the construction and infrastructural activities across developing economies is aiding the growth of the market.

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Moreover, the oil and gas sector is also creating a heightened demand for welding products. The construction of new manufacturing facilities and revamping the old oil infrastructures will drive the demand for welding products. The growing concerns relating to safety in the oil and gas industries will drive the need to replace old and worn out pipelines and install new ones, in turn boosting the demand for welding products. “Furthermore, the increase in the drilling activities in the oil and gas sector will drive the demand for offshore rigs, which in turn will create growth opportunities for the global welding products market,” states a TMR analyst.

High Cost of Labor in Developed Nations Posing a Challenge for Market

One of the key restraints in the global welding products market is the lack of skilled and trained labor. Labor cost in developed countries is too high, which in turn escalates the production prices, reducing the profit margins of manufacturers. Lack of skilled labor also hampers the process of welding, restraining the growth of this market. Despite the availability of new technologies, the dearth of skilled labor will make it difficult to implement and provide quality services to customers. On a positive note, the growth of the wind energy power sector will create fresh opportunities for the growth of the global welding products market.

The global welding products market is segmented as follows:

    • Welding Products Market – Technology Analysis
      • Arc welding
      • Resistance welding
      • Oxy-fuel welding
      • Laser beam welding
      • Others (ultrasound welding, etc.)
    • Welding Consumables Market – Product Segment Analysis
      • Stick electrodes
      • Solid wires
      • Flux-cored wires
      • SAW wires and fluxes
      • Others (gases, etc.)
    • Welding Products Market – Application Analysis
      • Automobile and transportation
      • Building & construction
      • Marine
      • Others (repair and maintenance, etc.)

This information is based on the findings of a report published by Transparency Market Research, titled “Welding Products Market (Consumables – Stick Electrode, Solid Wires, Flux-cored Wires, SAW Wires & Fluxes and Gases; Technology – Arc Welding, Resistance Welding, Oxy-fuel Welding, Laser-beam Welding, and Ultrasound Welding; Application – Automobile & Transportation, Building & Construction, Marine, and Repair and Maintenance) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Canada Concrete Floor Coatings Market: High Resilience and low Environmental Impact Seen as Key Factors of Appeal, TMR

The Canada concrete floor coatings market features a highly consolidated competitive landscape, with the top five contributors to the market holding a substantial 70% of the overall market in 2016, says Transparency Market Research in a recent report. Strong growth of these leading companies, namely The Sherwin Williams Company, PPG Industries Inc., BASF SE, RPM International Inc., and Sika AG, is largely attributed to their continual efforts towards attaining technological expertise and introducing innovative products to the market.

Expanding their geographical reach with the help of strategic acquisitions and mergers is one of the key growth strategies adopted by companies in the market to strengthen their hold. An instance is BASF SE’s recent acquisition. In December 2016, the company acquired Chemtell Group’s surface treatment business from Albemarle Corp. in Charlotte, North Carolina to improve its coatings portfolio as well as its position as a complete solutions provider to global customers.

Transparency Market Research estimates that the Canada concrete floor coatings market will expand at a healthy 5.2% CAGR from 2017 to 2025, rising from a valuation of US$100.8 mn in 2016 to US$158.0 mn in 2025.

Epoxy Coatings to Keep Contributing Massive Chunk of Revenue to Canada Concrete Floor Coatings Market

From a geographical standpoint, the Ontario concrete floor coatings market accounted for more than 30% of the Canada concrete floor coatings market in 2016. Rising urbanization, increasing disposable income and increasing demand for residential projects have been the prominent factors driving the market in Ontario and are expected to help retain the province its leading stance in the overall market in the next few years as well. In terms of product type, the segment of epoxy coatings accounted for a massive 60% of the overall market in 2016. The segment will continue to account for a massive share in the Canada concrete floor coatings market over the forecast period as well, but is expected to lose to the segment of polyaspartics in terms of growth rate over the forecast period.

Rising Demand from Thriving Construction Sector to Drive Market

Strict environmental regulations in Canada are expected to have a significant influence on the way the Canada market for concrete floor coatings develops in the next few years. In its transition to becoming an environmentally more sensitive country, the government of Canada has put forward regulations to limit harmful emission of VOCs from various paints and coatings. Almost all provinces in the country have been experiencing reduction in emissions since the last 10 years. Rise in demand from the blooming construction industry is another key factor driving the overall development of the Canada concrete floor coatings market.

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Government programs such as Affordable Housing Initiative (AHI) and New Building Canada Plan (NBCP) are projected to propel the construction industry in Canada. This, in turn, is anticipated to augment the market for concrete floor coatings. Additionally, various government efforts to enhance the residential and public infrastructure are likely to contribute to the growth of the market. Upcoming projects of real estate, revitalization of bridges, airport facility expansion, construction of hydroelectric dams, and construction of LNG facilities are expected to augment the demand for concrete floor coatings in Canada in the near future.

For the study, the Canada concrete floor coatings market has been segmented as follows:

Concrete Floor Coatings Market – Product Type Analysis

  • Epoxy
  • Polyaspartics
  • Others

Concrete Floor Coatings Market – Application Type Analysis

  • Indoor
  • Outdoor

Concrete Floor Coatings Market – Provincial Analysis

  • Ontario
  • Quebec
  • British Columbia
  • Alberta
  • Saskatchewan
  • Manitoba
  • Atlantic

This review of the Canada concrete floor coatings market is based on a recent market research report published by Transparency Market Research, titled “Concrete Floor Coatings Market (Product Type – Epoxy and Polyaspartics; Application – Indoor and Outdoor) – Canada Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Superabsorbent Polymers Market: Rising Application in Varied Industries, Besides Demand from Diapers Industry to Boost Growth, TMR

Vendor landscape of the global superabsorbent polymers market is highly consolidated as the top six players accounting for nearly 90% of the overall market in 2013. Among them Bayer AG, Nippon Shokubai Co. Ltd, Formosa Plastics Group, BASF, and Mitsubishi Chemical Holdings Corporation were most notable, finds Transparency Market Research (TMR), in a new study. These companies are focusing on various strategies to gain a stronger foothold in the market. For instance, the leading players are paying attention on diversifying their product portfolio to remain competitive through the forecast period.

TMR forecasts the global superabsorbent polymers market to exhibit a CAGR of 5.5% between 2014 and 2020. At this pace, the market will reach US$8.78 bn by the end of 2020, from US$60.06 bn in 2013. Regionally, while North America dominated the market in 2013, Asia Pacific is expected to report the leading CAGR during the aforementioned forecast period. Based on application, the baby diapers industry held the dominant share of 74% in the market in 2013, and is expected to remain the lead even in the forthcoming years.

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Rising Demand for Baby Diapers Industry to Boost Growth

Considering the dominance of the baby diapers industry, the rising demand for baby diapers witnessed especially in emerging nations across Asia Pacific will create growth opportunities for the market. Besides this, the demand for adult diapers has increased as well owing the rising incidence of chronic ailments worldwide. Spurred by these factors, the superabsorbent polymers market will exhibit strong growth in the coming years. With governments around the world launching initiatives to promote hygiene and wellness among people living in remote years, the demand for superabsorbent polymers is expected to surge further in the near future.

While over the next few years, the diapers industry is expected to remain at the fore, the market will witness steadily rising demand from agriculture, construction, and medical industries. Superabsorbent polymers have high absorbing and retaining power, due to which, their application is forecast to diversify in the coming years. For instance, in the agriculture industry, superabsorbent polymers are used for potting soil. Besides this, their application in the medical designs manufacturing has gained pace as well. In the construction industry, superabsorbent polymers are used in cable wires.

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 Volatility in Raw Material Prices to Pose Threat

While rising application to remain key to the market’s upward trajectory, growth is projected be hindered by fluctuating prices of acrylic acid, which is a major raw material that goes in the production of superabsorbent polymers. Given the scenario and rising environmental concerns, companies are compelled to look for bio-based materials. Superabsorbent polymers are now being derived from bio-based materials by using starch and cellulose. This is expected to keep the demand for superabsorbent polymers high in the forthcoming years.

Also the rising demand from emerging nations such as India and China will act in favor of the market’s growth. Of course, the demand for non-toxic variants of superabsorbent polymers is expected to be higher than the rest in the coming years.

The report segments the global superabsorbent polymers market as:

  • Superabsorbent Polymers (SAP) Market – Product Segment Analysis
    • Sodium polyacrylate
    • Polyacrylamide copolymer
    • Others (Ethylene-maleic anhydride copolymer, polyvinyl alcohol copolymers, etc.)
  • Superabsorbent Polymers (SAP) Market – Application Analysis
    • Baby diapers
    • Adult incontinence products
    • Feminine hygiene products
    • Others (Paper packaging, medical, agriculture, etc.)
  • Superabsorbent Polymers (SAP) Market – Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)

This review is based on a TMR report, titled “Superabsorbent Polymers Market (Product – Sodium Polyacrylate, Polyacrylamide Copolymer, Ethylene-maleic Anhydride Copolymer, and Polyvinyl Alcohol Copolymers; Application – for Baby Diapers, Adult Incontinence Products, Feminine Hygiene Products, Paper Packaging, Agriculture Products, and Medical Products)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Peracetic Acid Market- Low Toxicity and Price to Drive Demand By 2020 | TMR

Key companies in the global peracetic acid market are sourcing their channels to boost their presence in the emerging nations. Large investments in research and development are being made by companies to acquire an edge above other companies. Private companies in the peracetic acid market are taking the help of government agencies and are striving to generalize the use of peracetic acid in water treatment and other similar applications. Some of the vendors operating in the global peracetic acid market are:  Solvay S.A., Evonik Industries, Kemira Oyj, Promox S.p.A., Mitsubishi Gas Chemical Inc., Ecolab Inc., Thai Peroxide Limited, PeroxyChem LLC, and Diversey Inc., states a new report by Transparency Market Research (TMR).

According to the report, the global peracetic acid market will be worth US$652.9 mn by 2020. By end user, the global peracetic acid market will be led by the food and beverage segment on account of growing demand for frozen meat products and also for beverages such as aerated and non-aerated drinks.

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The high demand for clean and safe water not just for households but also for industrial applications is expected to boost the water treatment segment in the years to come, says a TMR analyst. On account of the high demand from emerging nations such as India and China, the Asia Pacific market is anticipated to lead in the peracetic acid market, taking the place of North America, which was leading previously on the basis of geography in the peracetic acid market. The demand will also be noteworthy from Latin America and the Middle East. This will ensure the healthy growth of the peracetic acid market in the Rest of the World

Cost Effectiveness of Peracetic Acid to Drive Demand in Forecast Period

The growing demand for peracetic acid from water treatment sector will fuel the growth of this market. The food and beverages segment will also drive the sales of peracetic acid in the coming years. This market is anticipated to experience a lot of interest in the coming years on account of the ability of peracetic acid to inactivate bacterial performance in a cost effective manner as opposed to other disinfection technologies.

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The use of peracetic acid in medical line has been a trend since long and this is also furthering the growth of the market globally. Moreover, peracetic acid is low on toxicity level as opposed to chlorine as it does not produce halogenated DBPs. This is leading to an increased preference for this acid for water treatment. In addition to this, the use of this acid onsite requires no special risk management procedures. All these factors will fuel the demand for peracetic acid in the forecast period.

Price Fluctuation of Raw Materials to Affect Peracetic Acid Market Adversely

Due to the production of peracetic acid on a larger scale, the price of this acid has reduced considerably. This will boost the growth opportunities for this market during the forecast period. On the other hand however, the price fluctuation of the raw materials will pose a challenge for the market. The exposure to peracetic acid can cause hazards, which will threaten the demand for this acid in the years to come. All these factors are anticipated to hamper the growth of the peracetic acid market worldwide.

The research study has been segmented as below:

Global Peracetic Acid market, by End User:

  • Food and Beverages
  • Pulp and Paper Bleaching
  • Water Treatment
  • Medical
  • Agriculture
  • Others

The information presented in this review is based on a Transparency Market Research report, titled, “Peracetic Acid Market (End User – Food and Beverages, Pulp and Paper Bleaching, Water Treatment, Medical, Agriculture and Other End-users) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

Anti-Graffiti Coating Market – Technological Advancements In Nanotechnology, Research By 2025

Graffiti has become a global concern, as it has resulted into the defacement of public or private property with a wide range of markings, etchings, and paintings. Rising prevalence of graffiti in many countries across the world has negatively impacted the state and local governments, local communities, police, public transport, and utility providers. Therefore, graffiti has been considered as one of the most visible forms of community crime and anti-social behavior. It is commonly found on trains, subways, buses, vehicles, walls facing streets, traffic signs, statues and monuments, bridges, park benches, trees, and billboards. The motives of graffiti include anger, psychological need, or hostility towards society.

Rising criminological research for graffiti offences and offenders have led to development of crime prevention strategies by government, and opportunities for various chemical companies to develop anti-graffiti products. Rising popularity for graffiti, despite government initiatives has resulted into the increasing need for graffiti removal, which is driving the demand for anti-graffiti coatings. Anti-graffiti coatings are invisible coatings that prevent the graffiti paint from adhering to the surface. These coatings are paints developed using nanoparticles and polymers, which function as water and oil repellent when added on the existing paint. Companies are focusing on developing anti-graffiti coatings with increased durability, transparency, and dirt resistance.

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Increasing technological advancements in nanotechnology and high investments by companies to manufacture ultra-thin, non-toxic, environment-friendly coatings are key factors that are fueling the expansion of the anti-graffiti coatings market significantly. Nanotechnology has been improving the physical, chemical, mechanical, thermal, and corrosion properties of anti-graffiti coatings at low costs. Furthermore, anti-graffiti coatings are increasingly employed by automobile manufacturers to offer additional protection to the vehicle body. The rapidly increasing global demand for automobiles and increasing incorporation of anti-graffiti coatings in automotive manufacturing processes are key factors driving the expansion of the market.

Strict government regulations imposed on the usage of the petrochemicals, which form a major part of the anti-graffiti coatings restrain the expansion of the market. Chemical companies are focusing on employing bio-based coatings, which are in line with the current trend of environmental safety, to create potential growth opportunities for the anti-graffiti market.

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In terms of geography, the anti-graffiti market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Increasing advancements in nanotechnology and presence of key chemical companies in North America and Europe have led to the regions accounting prominent share of the global anti-graffiti coatings market. However, stricter legislative environment imposed by the government incurs high costs for the companies to develop products in these strict compliances, which results in sluggish expansion of the market in these regions. The Asia Pacific region is characterized by rising infrastructure, lenient public and environmental laws, rapidly expanding automobile industry, and increasing expansion of major chemical companies in this region due to abundant availability of raw materials and low cost labor. These factors lead to considerable expansion for the anti-graffiti coatings market.

Key companies operating in the anti-graffiti coatings market are E. I. du Pont de Nemours and Company, BASF SE, the 3M Company, Akzo Nobel N.V., the Sherwin-Williams Company, Hydron Protective Coatings, the Valspar Corporation, Sika AG, Protective Coatings International Ltd., and CSL Silicones Inc.

Independent Lubricant Manufacturers Market: Focus on Bio-based Product Development to Present Rewarding Growth Opportunities, TMR

Despite the presence of a large number of small players, the global market for independent lubricant manufacturers features a largely consolidated vendor landscape, wherein the leading four vendors cumulatively accounted for a nearly 58% of the market in 2016, observes a recent report by Transparency Market Research. The Germany-based company FUCHS alone accounted for nearly 37% of the overall revenue generated by the global independent lubricant manufacturers in 2016, hinting towards to stronghold of the company on the global independent lubricant manufacturers market.

The level of competition is high and companies compete on the basis of product pricing, distribution channels, and innovative product offerings. Owing to vast growth opportunities in the field of bio-based lubricants, many leading vendors are focusing on the expansion of their product portfolios to include these lucrative products. Expansion across high-growth emerging economies and introduction of economic and environmentally neutral products could be the most rewarding strategies for companies struggling to establish their footing in the global independent lubricant manufacturers market.

Transparency Market Research estimates that the global independent lubricant manufacturers market, which was valued at US$6,800.79 mn in 2016, will reach US$9,454.04 mn by 2025, expanding at a CAGR of 3.80% between 2017 and 2025.

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Mineral Lubricants to Help Independent Lubricant Manufacturers Gain Maximum Revenues

The mineral lubricants product segment dominated, accounting for a massive 60.8% of the global independent lubricant manufacturers market in 2016. However, the segment’s share is expected to decline nominally during the forecast period, with the segment of synthetic lubricants experiencing a notable rise. In terms of geography, the global market for independent lubricant manufacturers, in terms of market growth potential as well as revenue share, was led by Asia Pacific in 2016, followed by North America.

Thriving Automotive Industry to Remain Key Growth Driver

Some of the primary factors positively influencing the global demand for lubricants from independent manufacturers are the healthy growth of the global automotive industry and the vast rise in demand for bio-based lubricants. The automotive industry, being one of the key consumers of a variety of lubricants, has been witnessing extensive expansion, especially across emerging economies with strengthening financial conditions and a rapidly rising middle-class population with high disposable incomes.

With strict environment protection regulations in place across most key regional markets, the use of high-quality lubricants has witnessed vast rise in the past years. Expected to remain strong in the near future as well, this trend is expected to have vast positive implications on the overall business of independent lubricants manufacturers across the globe. Environmental regulations will also compel the increased usage of bio-based lubricants, presenting promising growth avenues for independent lubricant manufacturers expanding their product portfolios to include innovative bio-based products.

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Fluctuating Raw Material Costs to Increase Cost Challenges for Manufacturers

Fluctuating prices of raw materials are one of the key challenges hindering the growth prospects of the global market for independent lubricants manufacturers. Fluctuation in raw material costs invariably affect pricing models and mostly have a negative impact on profit margins, especially in cost-sensitive regional markets, wherein consumers easily shift preferences, favoring cheaper alternatives. While bio-based lubricants are expected to witness a healthy rise in demand, their high costs could also deter consumers in developing economies from buying bio-based lubricants and instead choosing conventional crude-oil based lubricants.

For the study, the market has been segmented as follows:

Independent Lubricant Manufacturers Market – Product Analysis

  • Mineral lubricants
  • Synthetic lubricants
  • Bio-based lubricants

Independent Lubricant Manufacturers Market – Application Analysis

  • Automotive
  • Aerospace
  • Marine
  • Industrial
  • Others

This review of the global independent lubricant manufacturers market is based on a recent market research report published by Transparency Market Research, titled “Independent Lubricant Manufacturers Market (Type – Mineral Lubricants, Synthetic Lubricants, and Bio-based Lubricants; Application – Automotive, Aerospace, Marine, and Industrial) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Chemical Milling Market – Electronics Application Segment Held Significant Share By 2025

Chemical milling can be defined as a subtractive manufacturing process, wherein chemicals are used rather than cutting tools, to manipulate the characteristics of metals. It is considered an economical option for the manufacture of small size metal parts. The difference between chemical etching and chemical milling is that the former is used to manufacture metal parts, while the latter is used to alter the characteristics of those parts.

The process of chemical milling was developed during the renaissance of engraving on the metal parts. Chemical milling is used for the removal of surface-related materials of parts after which chemical etching is performed. At the start of the process, a CAD file is used for the creation of a visual of the final metal part along with the top and bottom patterns that are supposed to be milled. This technique is necessary for the application of photoresist, a layer used to transfer the pattern by UV light on metal parts. Chemical milling generally involves a series of five steps: cleaning, masking, scribing, etching, and demasking. It is useful for creating parts such as haptics, sinks, and filters. The process of chemical milling is ideally suited for metals such as titanium, niobium, and copper, but can be used for wide range of metals such as copper and aluminum.

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Based on type, the market for chemical milling can be segmented into steel chemical etched part, brass chemical etched part, aluminum chemical etched part, and copper chemical etched part. In terms of application, the market for chemical milling can be segregated into aerospace, medical, automotive, electronics, and others.

The market for chemical milling is anticipated to witness moderate growth owing to the expansion of end-user industries. The electronics application segment held significant share of the market in 2016 due to the wide usage of chemical milling in the manufacture of integrated circuits and microelectromechanical systems. The electronics industry commonly uses plasma etching over standard liquid based etching for the production of components. The aerospace segment of the chemical milling market accounted for key share in 2016. The segment is anticipated to witness strong growth during the forecast period. Chemical milling is used to remove shallow layers of materials from extruded parts of airframes, large aircraft components, and missile skin panels, among others. Based on type, the steel chemical etched part segment constituted prominent share of the market in 2016. It was followed by the aluminum chemical etched part and copper chemical etched part segments in the year. Presence of other efficient and economic technologies such as electroforming, laser cutting, and photo etching is likely to hamper the chemical milling market during the forecast period.

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Geographically, North America held major share of the global chemical milling market in 2016. The market in the region is estimated to witness strong growth during the forecast period, led by the high investments in the aerospace sector. Presence of robust electronics manufacturing industry is a key factor driving the chemical milling market in Asia Pacific. Increase in production and sales of automotive in emerging economies of Asia Pacific such as India and China is projected to propel the market for chemical milling in the near future. Significant investments in research & development activities in the medical sector in Europe is the key factor boosting the chemical milling market.

Key players operating in the chemical milling market are Lancaster Metals Science Co., Great Lakes Engineering, Tech-Etch, Tech Met, United Western Enterprises, Orbel, VACCO Industries, and Wist Europe.

Aroma Chemicals Market: Widening Application Range of Aroma Chemicals to Boost Growth, TMR

The competitive landscape in the global aroma chemicals market is highly consolidated, states a new report by Transparency Market Research (TMR). The top four participants, namely, Givaudan, Firmenich SA, Symrise, and IFF, held around 54% of the overall market in 2015. These companies are investing heavily in research activities in order to develop technologically advanced products. Going forward, a shift in their focus towards mergers, acquisitions, and strategic alliances can be observed in the years to come, states the report.

As per the report’s estimations, the global aroma chemicals market, which stood at US$3.85 bn in 2015, is anticipated to rise at a CAGR of 6.20% over the period from 2016 to 2024 and reach a valuation of US$6.57 by the end of the forecast period. Benzenoids have emerged as the most valued product in this market and are anticipated to remain enjoying a strong demand across the world over the next few years, notes the market study.

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Demand for Synthetic Aroma Chemicals to Remain High

In this research report, aroma chemicals have broadly been classified into two types; Natural and synthetic. Among the two, the demand for synthetic aroma chemicals is greater among consumers. Although analysts expect the trend to remain so over the forthcoming years, the demand for natural aroma chemicals is likely to demonstrate a high-paced rise during the period of the forecast, thanks to their increasing popularity as a safer, greener, therapeutic, and more sustainable alternative to synthetic aroma chemicals.

The report further presents a geographical analysis of the worldwide market for aroma chemicals. According to the study, the global market has its presence across North America, Europe, the Middle East and Africa, Asia Pacific, and Latin America. Europe led the overall market in 2015 with a share of 33.3% and is anticipated to maintain its dominance throughout the period of the forecast. Asia Pacific, among other regional markets, is expected to display promising growth potential in the near future, states the research report.

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Rise in Disposable Income of Consumers in Emerging Economies to Fuel Demand

“The global market for aroma chemicals is gaining signifcantly from the widening application range of aroma chemicals,” states the author of this study. Initially, the application of these chemicals was limited to the household and personal care products; however, now their increasing usage in the food and beverages and medical and healthcare industries is creating substantial growth opportunities for this market.

Over the coming years, the demand for aroma chemicals is likely to increase remarkably, thanks to the rise in the disposable income of consumers in emerging economies, such as Brazil, China, India, and Africa, enabling them to spend on luxurious personal care products. However, the presence of stringent rules and regulations forcing companies to follow specific compliance policies may hinder the growth of this market in the years to come, reports the study.

The report segments the global aroma chemicals market as

By Type

  • Natural
  • Synthetic

By Product

  • Terpenoids
  • Benzenoids
  • Musk Chemicals
  • Others (include Aldehydes, Ketones, Esters, etc.)

The study presented here is based on a report by Transparency Market Research (TMR), titled “Aroma Chemicals Market (Type – Natural and Synthetic; Product – Terpenoids, Benzenoids, Musk Chemicals, Aldehydes, Ketones, and Esters; Application – Personal Care (Fine Fragrances and Cosmetics and Toiletries), Household Care (Laundry, Dishwashing, Mosquito Repellant, and Candles), Medical, and Food and Beverages) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.

Controlled Release Fertilizers Market: Demand is stoked as Agriculturists Look to Upgrade Farming Methods, TMR

Controlled Release Fertilizers Market was valued at US$1.12 billion in 2014 will reach US$2.10 billion by 2023, expanding at a CAGR of 7.2% from 2015-2023.

Electricity Generating Tires Market- Technological Advancements In Automobile Industry By 2025

Increasing awareness about pollution among consumers and technological advancements in the automobile industry are the key factors driving the electricity generating tires market.

Granite Market Finds Major Application in Flooring Tiles And Dimension Stones, Segments By 2025 !!

Granite is an igneous rock which is developed due to the interlocking between crystals of feldspar, quartz, and mica. Other minerals are also present in minor quantities. Granite constitutes about 70% to 80% of the Earth’s crust. It is majorly found as large mountain ranges.

Different theories about the origin of granite have existed for more than 150 years. The two most prominent theories that exists currently are the hyper-metamorphic theory and the magmatic theory.

The color of granite depends on its mineral composition. It is predominantly found in white, gray or pink color.

The term granitic is used for granite as well as such igneous rocks that have similar texture to that of granite, but somewhat different origin and composition. Granite-like rocks primarily comprise quartz, feldspar, and mica with some amphibole minerals. Their interlocking structure is slightly equigranular matrix of quartz and feldspar, with mica and amphibole scattered in between. This scattered presence of mica and amphibole minerals can be majorly observed in light-colored granites.

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Granite Market Trends

Granite is a hard stone and entails skill to hand-carve it. It is utilized for making sculptures, memorials, and gravestones. It has also been widely employed as flooring tiles and dimension stones. In modern architecture, granite slabs and tiles are used to make countertops, bar tops, fireplaces, staircases, murals, paving stones, and curbings. They are also utilized as building stones for bridges, memorials, monuments, and buildings. A form of granite, known as azurite granite, is primarily employed as a gemstone and also for construction purposes.

The usage of granite in household construction is increasing; however, there is concern regarding the radiations from granite being harmful to health. Granite is also a natural source of radiation similar to most natural stones. The concern regarding radiation has been raised due to reports of higher radioactivity in some granites. Alkali feldspar is a common constituent of granite. Potassium-40 is a radioactive isotope of weak emission and is abundantly present in alkali feldspar. Uranium and Thorium are also found in granite. Concern about granite building materials being health hazard arises due to these factors.

In the construction industry, the granite is employed in either the crushed form or dimensional form. Granite rock climbing is also popular as a sport, because of its soundness, steepness, friction, and crack systems. Consequently, artificial rock climbing walls in many theme parks and gyms are given the appearance and feel of granite.

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Granite Market Segmentation

In terms of color, the granite market can be segmented into black, white, and colored. In terms of application, the market can be segmented into architecture, construction, and others.

Granite Market: Region-wise Outlook

Granite and related industries are considered to be some of the oldest industries in the world. The U.S., China, India, Brazil, Italy, Sweden, Germany, and Spain are major exporters of granite. According to the U.S. Geological Survey, domestic production of granite in the U.S. was estimated to be 1.48 billion tons in 2016. The granite was found in crushed stone form and was said to be valued at more than US$ 16.2 billion.

Granite Market: Key Players

Key players operating in the granite market include Ablegroup Berhad, American Marazzi Tile Inc., CaesarStone, Cosentino S.A., Craig Baker Marble Co. Inc., Levantina y Asociados Minerals SA, Dakota Granite, Daltile, Duracite Inc., JNR Granite Import & Export Ltd, Precision Countertops, Granite Transformations, American Marble & Stoneworks Inc., and Vangura Surfacing Products Inc.

Finished Leather Market – Global Industry Analysis and Forecast | 2025

Finished Leather Market – Leather is a flexible and durable material manufactured by tanning animal skin or raw hide. Globally, it is one of the most widely traded commodities. Leather is mostly produced from cattle skin; however, lamb and deer skin are also used for the creation of soft leather which is fairly expensive. Deer skin is used for the production of indoor shoes and work gloves; but, the production of such leather is minimal owing to the restriction imposed by governments regarding use of deer skin. Skins of many other animals such as snake, buffalo goat, kangaroo, alligator, and yak are used for the production of leather.

The production of leather has noticeable environmental impact due to the usage and release of chemicals from the leather to water bodies, increasing biological oxygen demand, and endangering the lives of humans and animals dependent on the source. During the transformation process, huge amounts of pollutants are released into the atmosphere. These include gases such as hydrogen sulfide, which increase global warming levels across the globe. Production of leather is responsible for the increase in global carbon footprint, which is defined as the total set of greenhouse emission created by an event expressed as carbon dioxide equivalent. Finished leather is used in production of various products such as furniture covers, shoes, jackets, belts, wallets, trousers, wallpaper, and for bookbinding.

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The market for finished leather is anticipated to witness moderate growth during the forecast period. Recent developments and innovations in terms of design and use of different types of animal skin are the prime factors augmenting the growth of this market.

Based on application, the market for finished leather products can be broadly segmented into the following categories: consumer goods, commercial goods, and others. Consumer goods segment is further segregated into footwear, luggage, wallets, belts, jackets, and accessories. In terms of application, the consumer goods segment held significant share of the market in 2016 and is anticipated to continue its position during the forecast period. Increasing competition among retailers and continuous fragmentation of the market are factors likely to boost the growth of the consumer goods segment during the forecast period. In consumer goods, the footwear segment accounted for prime share of the market in 2016 followed by the luggage and accessories segment.

Efforts undertaken by manufacturers in terms of innovation and new product design are the factors accelerating the growth of the footwear segment that will inadvertently drive the growth of the finished leather market. Rising population coupled with the increasing disposable income are potential drivers for growth of this market. However, stringent government regulations regarding the usage of certain animal skin (such as deer) for production of leather can hinder the growth of this market during the forecast period.

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Geographically, Asia Pacific held significant share of the market in 2016 and is anticipated to retain its position during the forecast period. Robust leather manufacturing industry in emerging economies of Asia Pacific such as India and China is the prime reason for the growth of the finished leather market in this region. The Indian leather industry accounts for 13% of the world’s leather production. It ranks second in terms of footwear and leather garments production in the world and accounts for 9% of the world’s footwear production according to IBEF (India Brand Equity Foundation). Latin America accounts for major share of the finished leather market, with the Brazil leather industry having produced 1832 mn sq ft of leather in 2015. It is the second largest leather producer after China. North America and Europe are mature markets and accounted for a small share of the global finished leather market in 2016.

Key players operating in the finished leather market are LANXESS, American Leather, Inc., and APLF Limited.

Hydrophilic Coatings Market: Rising Usage in Medical Devices to Remain Key Growth Factor, TMR

The global hydrophilic coatings market features a highly fragmented competitive landscape owing to the presence of a large number of vendors, with the leading five vendors accounting cumulatively for only around 20% of the overall market in 2016, states a recent report by Transparency Market Research (TMR). Exhibiting a high level of competition, standing of companies in the market is highly influenced by their focus on R&D activities aimed at keeping deliverables technologically advanced and improvised as per changing consumer demands.

Strategic acquisitions aimed at expanding geographical presence and adding new products to portfolios are also popular strategies adopted by companies to stay ahead of competition. In instance is the January 2016 alliance between AdvanSource Biomaterials Corp. and Medibrane Ltd., a leading Israeli coating technology company. AdvanSource Biomaterials entered into the collaboration.

Transparency Market Research estimates that the global market for hydrophilic coatings was valued at US$481.6 mn in 2016 and will reach US$1,026.6 mn in 2025, expanding at a CAGR of 8.8% between 2017 and 2025.

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Polymers to Remain Most Preferred Substrate for Coating Hydrophilic Coatings

On the basis of the type of substrate on which hydrophilic coatings are applied, the segment of polymers accounted for the dominant share of around 48% of the overall market in 2016. The vast usage of polymers coated with hydrophilic coatings in the medical devices industry is expected to keep the demand for polymers as a substrate high in the global hydrophilic coatings market over the forecast period as well. In terms of geography, North America has been dominating the hydrophilic coatings market over the past few years. The region held over 35% share of the global demand for hydrophilic coatings in 2016 and the trend is projected to continue during the forecast period as well.

Rising Demand for High-end Medical Devices to Boost Global Consumption

One of the key forces driving the global market for hydrophilic coatings is the increasing usage of these coatings in the field of medical devices. The controlled level of lubricity allowed by hydrophilic coatings to medical devices, which assuages the natural resistance that vascular inner surfaces exhibit as a result of striction, making their usage more convenient when in use across vascular operations, makes them more preferable as compared to other coatings.

These coatings also decrease the possibility of infection due to the presence of antimicrobial agents and increase the ease with which a medical device is inserted into the body. The vast rise in expenditure on healthcare due to rising demand for better medical and healthcare facilities, especially across emerging economies boasting a rapidly rising middle class with high disposable incomes, will boost the consumption of medical devices, which, in turn, is expected to drive the market for hydrophilic coatings.

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Strict Regulatory Compliances to Negatively Affect Market Growth

Although the global hydrophilic coatings market has excellent growth prospects, some factors are expected to hinder its growth to a certain extent over the forecast period. These include stringent government regulations related to medical devices and the high processing costs involved in coating medical devices with hydrophilic coatings. Stringent regulations such as the FDA 510 K Clearance Act refrain new hydrophilic coatings manufacturers from entering the market. Additionally, the high costs associated with processing and licensing hydrophilic coatings compel manufacturers to look for inexpensive alternatives, hampering the growth prospects of the global hydrophilic coatings market to a certain extent.

For the study, the market has been segmented as follows:

Hydrophilic Coatings Market – Substrate Analysis

  • Polymers
  • Metals & Metal Alloys
  • Glass & Other Ceramics

Hydrophilic Coatings Market – Application Analysis

  • Automotive
  • Aerospace
  • Medical Devices
    • Cardiovascular
    • Urology
    • Neurology
    • General surgery
    • Others (Ophthalmology, gynecology, etc.)
  • Optical
  • Others (including Buildings, etc.)

This review of the global hydrophilic coatings market is based on a recent market research report, titled “Hydrophilic Coatings Market (Substrate Type – Polymers, Metals and Metal Alloys, and Glass and Other Ceramics; Application – Automotive, Aerospace, Medical Devices (Cardiovascular, Urology, Neurology, and General Surgery), Optical, and Buildings) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Pyroxenite Market – Global Industry Analysis and Forecast | 2025

Pyroxenite Market – Pyroxenite is an ultrabasic rock that consists of minerals that belong to the pyroxenes group– predominantly, ferromagnesian minerals other than olivine. Ferromagnesian minerals is a commercial source of magnesia coupled with silica, particularly used in metallurgy applications. Pyroxenite is used as a fluxing as well as sintering agent in blast furnace operations, particularly in the steel & iron industry. Pyroxenite offers several benefits over dolomite, which also is used as a fluxing agent in the steel manufacturing process. Pyroxenite aids in increasing the productivity of this process by 4%–5% and helps in reducing the usage of dolomite. In addition, it helps in reducing the coke content, due to its high content of minerals such as magnesium oxide and silica content in an assimilated form. This further reduces the energy consumption and carbon dioxide emissions. Apart from the steel industry, pyroxenite is used in the construction industry, particularly for building the kitchen counter tops, interior decorations, and walls.

Based on grade, the pyroxenite market can be bifurcated into Grade-I and Grade-II. Grade-I pyroxenite is composed of the following minerals: MgO (30%–34%), SiO2 (50%–55%), Al2O3 (1%–2%), CaO (less than 1.5), and Cr2O3 (0.7%–1.2%); whereas Grade-II pyroxenite comprises MgO (34%–38%), SiO2 (30%–35%), Al2O3 (1.5%–3%), CaO (less than 1.5), and Cr2O3 (4%–7%). Grade-II pyroxenite contains a nominal amount of silica and magnesia content, which reduces the sintering temperature by 100°C. Also, it does not require pre-heating treatment, which reduces the energy consumption and results in lower amount of coke and CO2 and lower slag volume. However, the use of Grade-I pyroxenite is restricted in low-silica iron ores due to presence of high silica content, which leads to excessive slag formation. Thus, demand for Grade-II pyroxenite is expected to rise significantly during the forecast period. This is attributed mainly to its characteristic features. Furthermore, demand for Grade-I pyroxenite is anticipated to rise moderately in high-iron ore operations during the forecast period.

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Pyroxenite plays an important role in the steel & iron industry. Rise in demand for cutting the manufacturing costs and increasing the production capacity is the primary factor driving the pyroxenite market. Continuous focus on high-value steels provides the manufacturer with a competitive edge to opt for quality material. This further enhances the growth prospects of the pyroxenite market. Rising prices of raw materials, high production costs and increased mining activities are some of the factors hindering the growth of the market for pyroxenite. However, development of new products for faster execution in construction projects, recovery of the automotive steel sector, and focus on the new markets are factors anticipated to offer new opportunities for players operating in the pyroxenite market.

Geographically, the global market for pyroxenite can be segregated into Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. Asia Pacific, North America, and Europe are expected to dominate the global pyroxenite market during the forecast period. In terms of production of steel, China is a leading market for pyroxenite, followed by Japan, the U.S., India, South Korea, and Germany. For the last few years, the market size of the steel & iron industry has been declining, due to over-production and price drop. This, in turn, is impacting the pyroxenite market as well. In terms of consumption of pyroxenite, China dominates the pyroxenite market in Asia Pacific, due to the rise in consumption of steel, particularly in the construction industry in the country.

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Furthermore, rising investments in the infrastructure and decreased dependence on industrial imports are factors fueling the pyroxenite demand in China. The demand for pyroxenite in the U.S., Germany, and France is also likely to increase in the next few years, due to rising demand for steel in automotive, pipelines, machinery & equipment, and motor industries in these countries. Steel manufacturers in developing economies in Latin America and Middle East & Africa are entering into partnerships to develop good-quality steel products that would meet the specific needs of different industrial applications.

Major players operating in the global pyroxenite market are Tata Steel, Bharat Mining Company, Foskor (Pty) Ltd., and Vale SA.

Polymer Solar Cells Market – Demands For PV Integrated Devices And Solar Panels, Analysis By 2025

Polymer Solar Cells Market – Global demand for energy is expected to rise rapidly in coming years. Demand for fossil fuels is declining across the globe, as these fuels lead to concentration of carbon dioxide in the atmosphere. Thus, development of sustainable, renewable, and environmentally-friendly energy sources is one of the major challenges facing the world. Photovoltaic (PV) is one of the trending renewable energy technologies around the globe. It helps converts solar energy into electricity through the usage of solar cells. Solar cells are made of crystalline silicon and other rare earth elements such as germanium, arsenic, gallium, and cadmium. Demand for PV integrated devices and solar panels is rising at the rate of approximately 40% per year. This trend is anticipated to increase further in the next few years. Governments across the regions are offering special grants and conducting implementation programs to encourage the usage of the PV technology.

Polymer solar cell are physically flexible in nature and they are made from solar cells having repeating structural configuration of large PV array. Polymer solar cell produces electrical energy from solar energy through the photovoltaic effect. Polymer solar cell is also known as organic solar cell, which is a thin film solar cell that works on the photo-induced electron transfer mechanism. Various types of polymer solar cells such as dye-sensitized solar cell, double layered polymer cells, and bulk heterojunction cells are available in the market. Highly purified and refined crystalline silicon is used in the manufacturing of highly efficient polymer solar cells which make it an expensive process and raises the overall cost of the panels. The material used for the manufacture of polymer solar PV cells is expensive. It is the same material that is used in the manufacture of computer chips and integrated circuits.

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Demand to generate other alternate technologies has been increasing due to the high manufacturing cost and complex production process of polymer solar cells. Polymer solar cells offer various advantages vis-à-vis crystalline silicon solar PV cells. Polymer solar PV cells are disposable, light in weight, and easy to fabricate. They have low environmental impact and offers high level of customization at the molecular level. Polymer solar PV cells are also employed in a large number of applications compared to crystalline silicon PV cells. Polymer solar PV cells are flexible; thus, these can be applied in windows, walls, flexible electronics, clothes, and other wearables.

Factors such as cost efficiency, rise in demand for solar panels, and increase in need of clean and sustainable energy in electricity generation are driving the global polymer solar PV cells market. High efficiency of polymer solar PV cells and their instantaneous electricity generating properties are further boosting the market across the globe. Increase in awareness about the usage of clean energy sources in energy generation is also propelling the polymer solar cells market. Polymer solar PV cells also have some disadvantages. For instance, these cells degrade during the dark and in high illumination. Thus, these cells cannot be used for a long duration. Furthermore, there are issues with thermal stability and efficiency of polymer solar cells. These factors are hampering the polymer solar PV cells market.

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Based on region, the polymer solar PV cells market can be segmented into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. North America is the biggest player in the manufacture of polymer solar PV cells owing to the large number of renewable energy projects and rapid expansion in the power sector in the region. Asia Pacific also holds a key share of the solar cells market owing to the rise in number of renewable energy projects, growth in the wearable solar electronics industry, and increase in demand for electricity throughout the region. Expansion in electronics and automobiles industries in Europe and Asia Pacific is the major factor boosting the global polymer solar PV cells markets in these regions. Middle East & Africa is a new market for global polymer solar PV cells. However, the market in the region is anticipated to expand significantly during the forecast period. Latin America has also intensified the renewable energy generation programs. Investments are being made in the energy and power sectors in the region. Thus, Latin America is a promising region for the polymer solar PV cells market.

Key players operating in the global polymer solar cells market include Trina Solar Limited, Tata Power Solar Systems Limited, Solar World AG, Jinko Solar Holding Co. Ltd, Alps Technology Inc, Suniva Inc, Pionis Energy Technologies LLC, Borg Inc., and Itek Energy.

Roofing Underlying Materials Market: Spiraling New Construction Activities in Emerging Regions to Fuel Demand, TMR

Roofing Underlying Materials Market will expand at healthy 5.5% CAGR over the period from 2016 to 2024; market is expected to rise to US$45.16 bn by 2024.

Marble Market – Rapid Growth In Construction Industry Likely To Propels Demand, Growth By 2025

Marble is a natural mineral primarily composed of carbonates such as calcite and dolomite. It is a metamorphic rock, which is usually white in color. However, rarely, marble can have pigmentation anywhere between yellow and red color due to the presence of impurities such as iron oxide, bitumen, and clay minerals. Marble is often used for decorative purposes due its bright white color and lustrous finish. The stone has been used for centuries to create landmark buildings such as the Taj Mahal, Parthenon, and U.S. Supreme Court Building, along with several renowned cathedrals, churches, and tombs across the world. The stone is usually obtained by open pit mining and quarrying in various marble deposits across the globe. Marble has low susceptibility to water damage, but may deteriorate in acidic atmosphere. Demand for marble market is rising in the construction industry due to its esthetics such as beauty and sculpture.

 Rapid growth in the construction industry in several developing regions across the world is likely to propel the demand for marble in the near future. Marble not only serves the decorative purpose, but is also functionally used as filler for concrete aggregate, stairs, pavements, floor coverings, and external walls in the construction industry.

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Marble is often associated with luxury and extravagance; hence, it is employed for decoration purposes in various lavish buildings and monuments such as hotels, theatres, temples, churches, memorial buildings, and tombs. This is anticipated to fuel the demand for marble in the near future. Use of marble is not limited to construction and architectural applications. Marble is also used in ground form as calcium supplement to farm animals; soft abrasive material for grinding application; manufacture of antacid and acid-neutralizer; and also as soil enhancer. These applications are projected to propel the demand for marble during the forecast period.

Based on application, the global marble market can be segmented into construction, architecture, agriculture, pharmaceutical, and others. Construction is the major consumer of marble; the stone is used in applications such as laying pavements, stairs, kitchen platforms, flooring, sculpture, and external walls. Furthermore, ground form is added to the concrete mixture as filler agent. The others segment consists of applications wherein marble powder is used such as paints and coatings. Marble powder is also used in some plastics and rubbers to increase density and weight of the final product. Based on form, the marble market can be segregated into slabs and powders.

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Marble slab is the widely used form. These slabs are then shaped and molded into tiles and blocks for suitable applications. On the other hand, powder is directly employed in applications such as pharmaceuticals, agriculture, and abrasives. In terms of color, the marble market can be segmented into white and others (yellow, pink, and gray). White marble is the purest form and is also the most widely used marble in the world. Based on type, the marble market can be segmented into natural and synthetic. Natural marble is obtained from quarries and open pit mines; however, synthetic marble is cultured stone made by mixing stone particles and resins together.

In terms of geography, the marble market can be segregated into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Europe is one of the key producers of pure marble in the world. Countries such as Italy, Spain, and Greece are among the major producers of natural marble in Europe. Jordan is among the prominent producers in Middle East & Africa. Based on consumption, North America and Europe are the prime markets globally. In terms of consumption, the market in Asia Pacific is also anticipated to expand during the forecast period.

Prominent players operating in the global marble market are Jiangxi Rare Earth Corp., Molycorp Inc., EUROPEAN MARBLE COMPANY INC., HELLENIC GRANITE Co, Fox Marble, European Marble Centre, Santucci Group S.r.l., The Marble Factory Ltd., Milestone Marble & Granite LTD., Marble Trend, and Hilltop Granites.

Polyester Staple Fiber Market: Growing Application in Textile and Automotive Industry to Augur Well, TMR

The global polyester staple fiber market features a high degree of fragmentation between suppliers and has a presence of a number of buyers seeking competent suppliers, finds Transparency Market Research (TMR). Some of the major companies operating in the market are Far Eastern New Century, Reliance Industries Limited, Sinopec Limited, Toray Industries, Inc., and Alpek. The market is also characterized by long gestation period and substantial capital investments required upfront in setting up manufacturing plants. As a result, the polyester staple fiber market features a moderate threat of entry by new players.

Several players are focusing on parameters such as the quality of finished products, aftersales support, and credit terms for buyers in order to gain a competitive edge over others. The degree of competition is anticipated to remain moderate throughout the forecast period (2016–2024), notes TMR.

The global polyester staple fiber market was valued at US$23,404.0 mn in 2015. Rising at a CAGR of 7.5% during 2016–2024, the market is estimated to reach US$42,415.1 mn by the end of the forecast period.

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Apparel Industry to Offer Lucrative Opportunities for Manufacturers of Polyester Stable Fibers

Geographically, the major regions for the growth of polyester staple fiber market are Europe, North America, Asia Pacific, the Middle East & Africa (MEA), and Latin America. Of these, presently, Asia Pacific is the leading regional market for polyester staple fibers and held a major share in 2015. The regional market is expected to maintain its lead throughout the forecast period and a large part of opportunities are witnessed in countries such as China and India, which are major producers.

On the basis of end use, the polyester staple fiber is segmented into automotive, apparel, home furnishing, construction, filtration, toys, wadding, and personal care and hygiene. Of these, the apparel industry held the major share of over 20% in 2015 and is emerging as the most promising application segment. The end-use application segment is expected to lead throughout the forecast period.

Growing Prominence of Man-made Fibers to Bolster Uptake of Polyester Staple Fibers

The growing popularity of man-made fibers in the textile industry is a key factor propelling the demand for polyester staple fibers market. The declining consumption of cotton in the textile industry world over coupled with the growing prominence of polyester staple fibers in making fabrics is a seminal factor driving the market. In addition, the growing application of polyester staple fiber in areas such as automotive, apparel, and as fiber fillings in different types of furniture has boosted the market. The wide application of polyester staple fiber in making spun yarn in the garments and textile industry continue to catalyze the market growth. A burgeoning automobile industry and accelerated automobile sales have led to an extensive use of polyester staple fibers in cars, as they are cost-effective and have high durability.

Further, the growing use of recyclable polyester staple fibers as a blend in the wadding industry has boosted the market. In addition, the use of polyester staple fibers in making needle punched non-woven fabrics are expected to accentuate the market.

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Imposition of Anti-Dumping Duty on Purified Terephthalic Acid Glaring Market Constraint 

The strict imposition of anti-dumping duties on import of purified terephthalic acid (PTA) from major producing countries is likely to impede the market to an extent. PTA forms a key raw material in making polyester staple fibers and the definitive anti-dumping duty has negatively affected the price of PTA. Furthermore, wide regulations related to cotton prices in numerous developing countries have brought down the prices. This is expected to hamper the demand for polyester stable fibers, especially in countries increasingly reliant on agrarian economy.  Be that as it may, the increasing use of polyester staple fibers as reinforcement materials in the construction industry to ensure a stable temperature and to improve the tensile strength of asphalt concrete is a key factor expected to create exciting opportunities for manufacturers in the coming years.

The global polyester staple fiber market is segmented based on:

Type

Solid Fiber, Hollow Fiber
Origin

Virgin Polyester Staple Fiber, Recycled Polyester Staple Fiber, Blend of Virgin and Recycled Polyester Staple Fiber 
End-use

Apparel, Automotive, Home Furnishing, Filtration, Construction, Personal Care and Hygiene, Toys, Wadding 
The study presented here is based on a report by Transparency Market Research (TMR) titled, “Polyester Staple Fiber Market (Origin – Virgin Polyester Staple Fiber, Recycled Polyester Staple Fiber, and Blend of Virgin and Recycled Polyester Staple Fiber; End User – Apparel, Automotive, Home Furnishing, Filtration, Construction, Personal Care & Hygiene, Toys, and Wadding) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us:-

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Flame Resistant Fabrics Market: Stringent Government Regulations to Promote Use in High-risk Operations, TMR

The global flame resistant fabrics market features a highly fragmented vendor landscape. In order to overcome the fierce competition that a fragmented arena invariably bears, companies in the market are banking on strategies such as research and development and distribution agreements, finds Transparency Market Research (TMR) in a new study.

Product portfolio diversification and cost effective product development are among the key areas of focus for the leading players. “The market is primarily dominated by multinational organizations with proprietary technologies,” says the author of the report. DuPont, Teijin Aramid, Lenzing AG, Milliken & Company, and TenCate are among the leading players in the global flame resistant fabrics market. 

TMR analysts have pegged the opportunity in the global market for flame resistant fabrics at US$3.6 bn in 2015. The market is expected to be worth US$6.5 bn by the end of 2024, rising at a CAGR of 6.8% between 2016 and 2024.

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Industrial Protective Clothing to Remain at Forefront of Growth through 2024

On the basis of application, industrial protective clothing will continue to be the most prominent segment in terms of volume until 2024. The increasing stringency of regulations pertaining to the safety of personnel working in hazardous areas is the primary factor contributing to the growth of the segment. Transportation, on the other hand, will be the most promising segment during the forecast period.

Geographically, Europe was the leading segment in 2015, accounting for nearly 30% of the overall market volume. The implementation of several regulations on wall covering, garments, and upholstery applications is triggering the adoption of flame resistant fabrics in the region. Asia Pacific is anticipated to rise at a noteworthy CAGR during the same period.

Flourishing Growth of End-use Industries to Trigger Demand for Flame Resistant Fabrics

“Flame resistant fabrics are extensively used to manufacture garments, apparels, and furnishings for applications across a number of sectors, including military, hospitality, oil and gas, and healthcare,” says a TMR analyst. Thus, the robust growth of end-user industries is providing a fillip to the global flame resistant fabrics market. Over the past few years, there has been a sharp rise in the demand for these fabrics for drapery in public spaces such as stages, theaters, and auditoriums.

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Government and regulatory bodies are also playing a vital role in the development of the global flame resistant fabrics market. The increasing stringency in regulations pertaining to employee safety in high-risk operations and industries are compelling organizations to mandate the use of safety clothing and gears within their premises.

Huge Capital Requirement for Research and Development Activities to Hamper Growth Prospects

Flame resistant fabrics have to be highly reliable and efficient and thus, the material used in their manufacturing has to be of utmost quality. The research and development and production of these fabrics, therefore, involves massive capital, which results in high cost of the end product. The high cost of these fabrics is limiting the global flame resistant fabrics market from realizing its utmost potential. This is further exacerbated by the protean prices of raw materials. While these factors continue to weigh down the market, constant efforts by manufacturers for product innovation will provide optimism in terms of value growth for the flame resistant fabrics market. 

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us:-

Transparency Market Research

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Fungicides Market: Increasing Food Security Concerns Due to Growing Population Worldwide to Drive Demand, TMR

Increasing incidences of resistance to fungicides is a key factor restraining the fungicide market. Fungicides can be substituted by genetically modified crops with better disease resistance. This is likely to hamper Fungicides market growth in the near future.

Industrial Rubber Products Market: Leading Players Opt for Mergers and Acquisitions to Bolster Positions, TMR

The global industrial rubber products market is poised to growing application of industrial rubber products, such as tire, hose, belts, and roofing, in the automotive, construction, and the manufacturing industries.

Anti-caking agent for feed fertilizer Market Research and Forecast By 2025

The anti-caking agent for feed & fertilizer market is anticipated to witness significant growth during the forecast period owing to the increasing demand for the agent in feeds and fertilizers in the manufacture of fertilizers.

Pressure Sensitive Paper Market Demands in Packaging Industry, Research’s 2025

Pressure sensitive labels are ubiquitous products that are used in a large number of common goods. Depending on the type of adhesive used, pressure sensitive paper can adhere to most surfaces made from plastic, metal, and ceramic materials. Currently, pressure sensitive labels account for more than 80% share of the labelling market. The materials generally used to produce pressure sensitive labels are paper, plastics, latex, and foil. Pressure sensitive paper is primarily used for labelling applications and provides information about a particular product regarding its manufacturer, application, usage instructions, and disposal. Pressure sensitive paper does not require water, heat, or solvent in order to activate. A light to moderate pressure is sufficient for its application onto the surface of a product. Pressure sensitive paper rolls are usually supplied in the form of rolls and are peeled off and pressed onto a product by hand or a machine.

Pressure Sensitive Paper Market: Drivers and Restraints

Pressure sensitive paper is widely used in the food & beverages industry for functional as well as esthetic reasons. Demand for pressure sensitive paper is increasing, as companies strive to differentiate their products. Rise in usage of packaged food products, especially in emerging countries, is anticipated to boost the demand for pressure sensitive paper. Pressure sensitive paper labels help improve the brand value of a product. Pressure sensitive paper labels are used extensively in the packaging industry as a source of information on the contained products.

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Rise in adoption of RFID labels for better inventory management is expected to boost the demand for pressure sensitive paper labels. Pressure sensitive paper labels that include RFID technology currently account for about 25% sales of pressure sensitive paper label in the global market. This share is likely to increase in the next decade. The usage of substitute label materials such as plastics is a significant restraint for the pressure sensitive paper market. Declining Availability of raw materials for paper labels is another concern facing the market due to the implementation of strict environmental regulations regarding the cutting of trees for manufacturing paper pulp.

Pressure Sensitive Paper Market: Segmentation

Based on application, the pressure sensitive paper market can be segmented into:

Packaging, Electronics, Consumer Goods, Medical, Food & Beverages, Automotive, Pharmaceutical, Personal Care etc.

Pressure sensitive paper labels are being increasingly used in the transportation & logistics industry as they help authenticate products and also act as tamper evidence. Furthermore, packages of high value goods are incorporated with security features such as UV light detectable fibers, watermarks, and chemical tags. Pressure sensitive paper labels are also used significantly in the medical & pharmaceutical sector. The medical & pharmaceutical labels provide valuable usage information to the end-user.

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Pressure Sensitive Paper Market: Region-wise outlook

Based on geography, the global pressure sensitive paper market can be segregated into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to be a highly attractive region for the pressure sensitive paper market during the forecast period. Rapid economic growth, rise in population, and thriving end-use industries such as consumer goods, food & beverages, and medical & pharmaceutical are the key factors driving the demand for pressure sensitive paper. Implementation of stringent environmental regulations in North America and Europe regarding the usage of plastics is expected to propel the usage of paper-based pressure sensitive labels in the near future.

Pressure Sensitive Paper Market: Key Players

Key players operating in the pressure sensitive paper market include:

Avery Dennison Corporation, Mohawk Fine Papers Inc., CCL industries, 3M, Constantia Flexibles, Glatfelter, Wausau Coated Products etc.Transparency Market Research

Electronic Assembly Materials Market Opportunities, Company Analysis And Forecast To 2024

The electronic assembly materials market is developing rapidly due to the fast-changing consumer lifestyles which are highly reliable on wireless infrastructure including tablets, smartphones, laptops, and other communication devices. Electronic assembly materials are widely used as core elements in a variety of electronic gadgets such as computers, mobile phones, tablets, laptops, LED bulbs, GPS devices, monitors, and TVs. Increasing R&D of advanced and superior performance electronic assembly materials by manufacturers is likely to drive this market.

Electronic materials used in automobiles have significantly increased in number in the last few years and are expected to continue exhibiting the same trend due to the rising demand for energy-efficient, intelligent, comfortable, and safe motor vehicles. The addition of extra functions to automobiles led to an amplified need for advanced electronics and therefore for high-reliability electronic assembly materials. However, displays and touch screens are delivering the kind of competence that was inconceivable a few short years ago. Ultra-thin and light displays and high-performance, quick-reacting, and interactive interfaces are important requirements for electronic devices to gain a competence edge. The high consumption of such devices propels the electronic assembly material market.

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Globally, the power semiconductor market is expanding tremendously, supported by innovative technologies that improve the reliability, efficiency, and overall performance of electronic applications. Advancements in innovative technologies affect the market positively, along with the alternative energy, automotive, transportation, telecommunication, and consumer electronics sectors. The automobile industry is developing speedily due to the use of electronic materials to enhance the comfort, safety, and performance of the driving experience. As a result, automobile manufacturers are demanding additional reliability, longer vehicle warranty periods, and improved manufacturing efficiency.

The electronic assembly materials market has been segmented by material type into the following categories: adhesives, paste fluxes, electrically conductive materials, and thermal interface materials. The solder paste fluxes segment is estimated to expand and hold a significant share in the market during the forecast period. In terms of end-user, the electronic assembly materials market has been split into the automotive, consumer & industrial, defense & aerospace, handheld communications & computing, green & portable energy, LED lighting, medical electronics, radio frequency identification (RFID), and wireless data com infrastructure sectors. The automotive segment is predicted to account for a key share in the market.

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The global electronic assembly materials market has been distributed geographically over North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is one of the key consumers of electronic assembly materials globally. Emerging markets such as China and India anticipate significant growth in their mass production of electronic appliances, motivating the electronic assembly materials market. Moreover, changing lifestyles and the incorporation of electronic appliances into developing economies also play a part.

Rapid industrialization & urbanization and the rising spending capacities in Asia Pacific are likely to boost the demand for consumer goods and therefore for electronic assembly materials over the forecast period. Furthermore, the growing demand for wearable electronics gadgets especially among the young population is projected to be a key driver of the market. For instance, in India, the electronic materials development program emphasizes on investing in R&D programs in the field of technology and material science. High demand for the product in the automotive and consumer electronics industries has propelled the electronic assembly materials market in North America and Europe.

Key players operating in the global electronic assembly materials market include Kelly Services Inc., Hisco, Inc., Henkel Corporation, H.B. Fuller, ITW, and Kester.

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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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Textile Chemicals Market: Increasing Sales of Home Furnishing Products Drives Demand, TMR

The rising need for better and smarter textiles in various industrial applications is supporting the expansion of armamentarium of advanced and enhanced textile. This is prompting players in the global textile chemicals market to invest in research and development activities to cater to the changing consumer demands, observes Transparency Market Research (TMR) in a new study. For instance, companies such as The Dow Chemical Company are launching antimicrobial technology that restricts the growth of harmful bacteria on textiles.

Other prominent participants in the market are The DyStar Group, Kiri Industries Limited, Huntsman International LLC, Solvay SA, Covestro AG, The Lubrizol Corporation, and Pulcra Chemicals GmbH. “These players are focusing towards mergers and acquisitions to expand their market shares. This strategy is also helping them in expanding their existing product portfolio and augmenting expertise,” says the author of the report.

TMR analysts have pegged the opportunity in the global textile chemicals market at US$21.02 bn in 2015. The market is expected to be worth US$29.15 bn by the end of 2024, progressing at a CAGR of 3.7% between 2016 and 2024.

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On the basis of application, the home furnishings segment will be at the forefront of growth throughout the forecast period, reaching a valuation of US$10.22 bn by 2024. The improving economic conditions along with the increasing number of residential construction projects, especially in emerging nations, are supplementing the growth of the segment. The growing sales of various home furnishing products, including towels, curtains, toilet linen, carpets, and rugs are augmenting the demand for textile chemicals. The segment is anticipated to expand at a CAGR of 3.1% during the same period.

Geographically, Asia Pacific will continue to be the most prominent segment in terms of volume until 2024, owing to the snowballing demand for textile chemicals from the home furnishings and apparel sectors. The region is poised to post a CAGR of 4.5% during the review period.

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Increasing Spending on Clothing and Textiles to Trigger Demand for Textile Chemicals

The rising disposable income of the people worldwide is resulting in increased spending on clothing and textiles. This, in turn, is creating a staggering volume of demand for textile chemicals. The strengthening economic conditions are allowing end-user sectors such as industrial, textile, packaging, and pharmaceutical to gain traction, which is working in favor of the global market for textile chemicals.

“The ability of these chemicals to improve the characteristics of textiles by adding versatility and strength to them is boosting the overall revenue of the market,” says a TMR analyst. Apart from this, the development of technical textiles along with their soaring demand among industries such as healthcare, sports equipment, agriculture, and environmental protection gears is stoking the growth of the market.

Harmful Effects of Textile Chemicals on Environment and Human Health to Take Toll on Market Growth

The repercussions of the usage of chemicals on the environment and the human health are limiting the global textile chemicals market from realizing its utmost potential. The untreated disposal of waste from textile chemical manufacturing plants is not only leading to water pollution but also a considerable water shortage. Besides that, it has an adverse effect on the quality of soil, which creates a critical impact on the surrounding lives. However, the spiraling demand for textiles across the construction industry and the increasing adoption of sterilized textiles among health conscious people are offering immense opportunities for the growth of the global textile chemicals market.

The report segments the global textile chemicals market as follows: 

Global Textile Chemicals Market, by Product

  • Coating & Sizing Chemicals
  • Colorants & Auxiliaries
  • Finishing Agents
  • Surfactants
  • Desizing Agents
  • Bleaching Agents
  • Yarn Lubricants

Global Textile Chemicals Market, by Application

  • Home Furnishing
  • Apparel
  • Industrial & Other

The information presented in this review is based on a TMR report, titled, Textile Chemicals Market (Product – Coating and Sizing Chemicals, Colorants and Auxiliaries, Finishing Agents, Surfactants, and Desizing Agents, Bleaching Agents, and Yarn Agents; Application – Home Furnishing, Apparel, and Industrial) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.”

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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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Carbon Nanotubes for Electricity Generation Market Analysis and Growth By 2025 | TMR

Growing demand for composites which find application in the electrical & electronic and energy sectors is the key driver of the global carbon nanotubes for electricity generation market.

Photovoltaic Transparent Glass Market Expand Due To Development Of Renewable Energy Sector In Asia

Photovoltaic glass (PV glass) refers to a technology that enables the conversion of light into electricity. It is a typical glass with integrated solar cells that transform solar energy into electricity, generating power within the facade and roof of a building. These solar cells are embedded between two glass panes filled with special resin, securely wrapping them on all sides. Both individual cells have two electric connections which are linked to other cells in the module to form a system that generates direct electric current. Polycrystalline solar cells are mostly blue or opaque. They are made from poured silicon blocks and thereby inexpensive; however, they exhibit lower efficiency.  The integration of photovoltaic transparent glass market with the automotive technology is likely to boost the efficiency of automobiles.

They are typically classified into three types: mono-crystalline, multi-crystalline, and amorphous. Mono-crystalline solar cells are blue or black, opaque, and highly efficient. They are made from silicon crystals through a complicated manufacturing process. Amorphous solar cells are non-crystalline in nature, transparent, and can be used as window glazing in regular windows and sunspaces. They can also be integrated into roofs. Transparent modules can also be a part of energy-efficient glazing, wherein they are used instead of regular glass.

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Increasing awareness about renewable energy and the rising demand for electricity have boosted the need for photovoltaic transparent glass. The electricity thus generated is expected to play a significant role in addressing the electricity-related issues in remote areas. The technology is anticipated to help electrify remote places where the supply of electricity is scarce.

In terms of region, the global photovoltaic transparent glass market has been distributed over North America, Asia Pacific, Middle East & Africa, Europe, and Latin America. Europe dominated the global photovoltaic transparent glass market in 2016. Germany has been leading the region on account of its multiple photovoltaic glass installations. The global photovoltaic transparent glass market has been expanding at a significant rate for the last few years due to high government subsidies available in several countries. Asia Pacific is likely to expand due to the development of the renewable energy sector in the region. It is projected to be a rapidly expanding market for photovoltaic transparent glass during the forecast period. Latin America is also likely to expand substantially during the forecast period. The U.S. held a significant share in the photovoltaic transparent glass market in North America in 2016. The country is estimated to dominate the market in the region in the near future.

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Global demand for photovoltaic transparent glass is predicted to increase in the next few years due to rapid industrialization and urbanization in developing economies. The rising awareness about renewable energy and surge in government subsidies on solar products have encouraged the usage of solar energy in several developing countries. The government of China is planning to develop 16 solar thermal plants by 2020, boosting the demand for photovoltaic transparent glass systems in the country during the forecast period.

Global demand for the solar energy is anticipated to rise significantly in the near future, offering high growth opportunities for the global photovoltaic transparent glass market. The significant rise in demand for end-use applications, competitive production costs, and high economic growth rate are factors propelling the photovoltaic transparent glass market in Asia Pacific and also prompting companies to adopt expansion and R&D strategies in the region. These companies are concentrating on Asia Pacific to gain a larger market share and meet the global demand. Numerous producers are shifting their plants to countries such as China and India owing to factors such as high demand and low cost of raw materials and labor.

Major players operating in the global photovoltaic transparent glass market include Nippon Sheet Glass Co. Ltd, Sun Well Solar Corporation, and Borosil.

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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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Oleophobic Coatings Market Inspired By Development Of Nanotechnology, Research By 2025

Oleophobic coating refers to materials with zero affinity to oil. They are oil-repellent materials. These coatings quickly shed off the oil from their surface. Oleophobic coating is inspired and supported by the development of nanotechnology. The technology creates and modifies materials at the nano-level. Therefore, oleophobic coatings form oil repelling layers of nano-scale thickness on various kinds of substrates. The coatings are ideal for preventing fingerprints on smart device displays. However, the coatings are also suitable for a range of other applications that are impervious to dirt, dust, sticky substance, and other particulates, subsequently offering a substrate that is easy-to-clean and maintains a clean surface for extended period than untreated glass. Oleophobic Coatings Market find major application in the electronics segment. 

The coating helps repel much of the natural oil from the finger when touching the screen of any electronic device. Apple was the first one to introduce an oleophobic screen on its 3G S iPhone. Currently, these coatings are been being applied on most of the smartphones and laptops available on the market. Consumer electronics hold the major share of the oleophobic coatings market, and the share is anticipated to rise even more in the coming years.

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In electronic devices, oleophobic coatings are employed for optical device such as touch screens and displays in electronic devices. Oleophobic coatings are applied on LCD and projection displays as well as on video optical components. These coatings self-clean themselves from contamination by greasy smudges, fingerprints, and other natural oils that are difficult to remove, and which significantly deteriorate the appearance and view. Oleophobic coatings are also used in encapsulation of oxygen and moisture sensitive electronics, such as organic light emitting devices, quantum dot films, photovoltaic cells, and flexible electronics.

The coatings are also been being used employed in printed circuit boards and semiconductor packaging. The demand for oleophobic coatings in the electronic devices market is observed to be increasing year-on-year, as along with being oil repellent, the product is also scratch- resistant and keeps the glass scratch proof on which it is applied. The oleophobic layer has a slightly slippery feel to it, which makes the gadgets feel slick to the touch. This helps the glass to be more scratch resistant, as a reduced friction causes dangerous materials to slide off the surface, rather than damaging damage it.

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In terms of region, North America holds the major share of the oleophobic coatings market followed by Europe. Demand for oleophobic coatings is higher in North America and Europe due to advancements in technologies, developed industries, and high demand for electronic devices. Asia Pacific is observed to be a rapidly expanding market for oleophobic coatings due to rising demand for electronic devices in the region. Demand is observed to be increasing in the electronics market in the region. The electronics market is expanding rapidly in developing countries such as China and India. Large number of oleophobic coatings suppliers are present in China and India. China is expected to be one of the major consumer for oleophobic coatings for electronic devices over the coming years, owing to it high growth in electronics industry. Demand for oleophobic coatings in Latin America and Middle East & Africa is observed to be moderate over the coming years.

Key manufacturers of oleophobic coatings across the globe include Aculon Inc., Artekya Ltd. Co., Innovative Surface Technologies, Inc., Cytonix, LLC, Armorix Inc., and Ultratech International Inc.

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Tributyl Citrate Market by Regional Analysis, Key Players and Forecast 2024

Tributyl Citrate (TBC), also known as Butyl Citrate, Tri-n-butyl citrate, and Tributyl Ester, is a colorless, non-toxic, and oily liquid with a high boiling point and fruity flavor at room temperature. It is insoluble in water, but dissolves in acetic acid, acetone, castor oil, carbon tetrachloride, mineral oil, and methanol. Known to react with oxidizing reagents, TBC is produced through esterification of citric acid with 1-butanol and concentrated sulfuric acid acting as a catalyst.

TBC is widely used in food wrapping films, soft toys for children, cosmetics, and as a plasticizer for polymers such as poly vinyl chloride (PVC) and its copolymers. It aids maintenance of color when processed with resins due to its excellent heat stability.

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Tributyl Citrate (TBC) Market: Trends

Products manufactured using TBC are able to withstand cold, mildew, and water. It is used for granulation of non-toxic PVC, besides being an authorized plasticizer in various industries including food contact, food packaging materials, food additives, pharmaceuticals, medicines, cosmetics, flavors and fragrances, and adhesives. It is also utilized in cigarette filters to retain moisture. TBC is a competent fragrance carrier, and thereby applied on a large scale in cosmetic products.

Salient properties of TBC include good compatibility, weather resistance, non-toxicity, limited volatility, and high plasticizing efficiency. It recently replaced phthalate ester, which is carcinogenic and is known to have adverse effects on human health, as a safer, and hence, preferred alternative. With increasing environmental awareness and improvements in regulations, the TBC market is expected to experience a steady growth rate during the forecast period.

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Tributyl Citrate (TBC) Market: Region-wise Outlook

TBC is extensively employed as a plasticizer and food additive in the global market. In Europe, it finds applications in packaging of food and medical products, pharmaceuticals, flavors and fragrances, children’s soft toys, and manufacturing of cosmetics.

With prominent economies such as China formulating rules and regulations concerning the limited usage of toxic plasticizers and incorporating TBC in multiple sectors, the market in Asia Pacific is also anticipated to expand in the next few years.

Latin America and Middle East & Africa are likely to witness a comparatively sluggish rate of growth during the forecast period owing to the lack of TBC-related awareness in this region.

Tributyl Citrate (TBC) Market: Key Players

Some of the key players operating in the global TBC market include Chemport India LLP, Vertellus Holdings LLC, and Jungbunzlauer Suisse AG.

Silver Inks, Pastes, and Coatings Market Industrial Growth and Forecast By 2024

Silver has numerous technological applications beside its important economic role as a precious metal. Silver is an excellent conductor of electricity, which enables its use in a wide variety of applications in the electronics sector. Silver inks, pastes, and coatings, among other products, have been a staple in the manufacture of several objects and their demand is likely to be sustained in the coming years. Due to silver’s high electrical conductivity, it is perfect for use in conducting dyes. This allowed the silver inks, pastes, and coatings industry to sustain itself through the consumer electronics boom since the mid-1900’s and has also ensured demand in today’s technology-dominated age.

The report looks into various aspects of the global silver inks, pastes, and coatings market to provide readers with a comprehensive overview. The competitive dynamics of the silver inks, pastes, and coatings market are elaborated upon in the report. The market’s geographical hierarchy is also examined in the report in order to provide reliable projections regarding the regional markets likely to rise and fall in the coming years. The pricing structure of the production and distribution of silver inks, pastes, and coatings is also examined in the report to provide readers with an insight into the trajectory of the market in the coming years.

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The key applications of silver inks, pastes, and coatings include OLED lighting, desktop PCB printers, 3D antennas, 3D printed electronics, in-mold electronics, touchscreen edge electrodes, ITO replacement, e-textiles, silicon solar cells, automobiles, and RFID tags. As these are some of the most intensively researched areas at present, sustained demand from the global silver inks, pastes, and coatings market can be expected from most application sectors.

Global Silver Inks, Pastes, and Coatings Market: Trends and Opportunities

The rising demand for 3D printed manufacturing from various sectors has emerged as a key driver for the global silver inks, pastes, and coatings market. The convenience of 3D printing outstrips most conventional manufacturing technologies, which, allied to the cost benefits of 3D printing over manual or even robotic manufacturing, has driven the use of 3D printing in recent years. The electronics sector has been an early adopter of 3D printing and is likely to remain a major consumer of 3D printing devices and technology in the coming years, providing a steady sales channel for the global silver inks, pastes, and coatings industry.

Another key application area of silver inks, pastes, and coatings is LED lighting, which has become the leading lighting technology in many areas around the world, thus driving the demand for ancillary markets. LED technology provides cleaner and more efficient lighting than conventional incandescent lighting, which has also seen LED lighting being backed by several governments around the world. The steady regulatory support is likely to ensure steady growth of the LED lighting market in the coming years, thus boosting the silver inks, pastes, and coatings market.

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Global Silver Inks, Pastes, and Coatings Market: Geographical and Competitive Dynamic

The report looks into the performance of the silver inks, pastes, and coatings market in North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America is the leading contributor to the global silver inks, pastes, and coatings market thanks to the strong presence of several leading innovators in the sector and the steady demand for technological advancements.

On the other hand, Asia Pacific is likely to become a key regional market for silver inks, pastes, and coatings in the coming years due to the rapid growth of the solar power sector in tropical and subtropical countries such as India and China. Solar power also enjoys steady government support in several countries in Europe and Latin America, ensuring the industry’s presence as a key consumer of silver inks, pastes, and coatings in the coming years.

The report also sheds light on the competitive dynamics of the global silver inks, pastes, and coatings market by profiling leading players such as AkzoNobel N.V., PPG Architectural Coatings, Creative Materials, Dow Chemical Company, BASF SE, ANP Lighting, Henkel, Methode Electronics, and Sun Chemical.

Levulinic Acid Market Tremendous Growth For poly-vinyl chloride(PVC), Booming Industries By 2024 !

Global Levulinic Acid Market to be driven by its potential of replacing phthalate plasticizers used for manufacturing PVC; Asia Pacific holds the largest segment for global levulinic acid industry across the globe.

Lime Market: Infrastructural Needs to Support Rapid Urbanization Generates Demand for Lime, TMR

Transparency Market Research (TMR) observes that the competition in the global lime market is quite fragmented due to the strong presence of several manufacturers. Some of the leading players in the global market are Carmeuse, Graymont, Lhoist , and Mississippi Lime. These companies will focus on mergers and acquisitions to expand their businesses in the developing regions as the demand in emerging economies continues to be on the rise. However, players face a major threat of forward integration by raw material suppliers across the value chain.

Asia Pacific to Account for Majority Share in Global Lime Market by 2024

According to the research report, the global lime market was valued at US$44.84 bn in 2015 and is expected to be worth US$76.48 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is expected to surge at a CAGR of 6.2%. Amongst the end users, the metallurgical segment is likely to grow at a fast pace over the forecast period. Analysts expect that this end-user segment will soar at a CAGR of 5.3% between 2016 and 2024. From a geographic point of view, Asia Pacific is expected to dominate the global market in the coming years. By the end of 2024, the Asia Pacific lime market is expected to account for 74.0% share in the overall market.

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Increasing Construction Activities Bolster Growth of Global Lime Market

The global consumption of lime has grown over the years and is expected to rise at steady pace due to increasing urbanization in both developed and developing regions. Rapid shift of population from rural areas to city areas has created a massive demand for housing and cleaner water sources. Both of these factors have had a positive influence on the progress of the global lime market. Lime is essentially for construction purposes for the production of non-ferrous metals, iron, and steel as well as for waste water treatments. Analysts state that the consumption of lime for construction uses is slated to account for more than 20% by the end of 2024. The demand for slaked lime, a type of lime, is expected to witness spike in demand in small-scale water treatment plants as it offers artificial alkalinity.

Lime is extensively used as chemical feedstock in engineering and building materials for achieving the right pH levels of soils in addition to other uses. Thus, the increasing production of chemicals such as calcium carbide, sodium alkali, citric acid, cyanimide, petrochemicals, and magnesia is expected to up the consumption of lime in the near future.

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Rising Levels of Air Pollution Deter Market Growth

On the flip side, the global lime market is likely to be challenged by the soaring levels of air pollution. Burning of limestone for producing quick lime leads to harmful emissions that contain sulfur dioxide, nitrogen oxide, and carbon dioxide. These toxic fumes not only impact human but also have a hazardous effect on plants and animals. The other factor acting as an impediment in the global market is the availability of alternative materials such as magnesium hydroxide, calcined gypsum, and limestone.

The global lime market has been segmented as follows:

Lime Market: Product Type Analysis

  • Quick Lime Lime

  • Slaked Lime

  • Others

Lime Market: End-use Analysis

  • Chemical Intermediates

  • Metallurgical

  • Construction

  • Environment

  • Others (agriculture, glass, paper and pulp, etc.)

This review is based on Transparency Market Research’s report, titled “Lime Market (Type – Quick Lime and Slaked Lime; End Use – Chemical Intermediates, Metallurgical, Construction, and Environmental, Agriculture, Glass, and Paper and Pulp) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Surfactants Market Driven by Rising Demand for Personal Care Products, Industrial Cleaners, TMR

The global surfactants market is fragmented to a considerable degree and features several players with a significant share. Some of the leading players in the global surfactants market are BASF SE, The Dow Chemical Company, Archer Daniels Midland Company, Galaxy Surfactants Limited, Huntsman Corporation, Clariant International Ltd., Evonik Industries AG, P&G Chemicals, Lonza Group Ltd., and Akzo Nobel NV. The steady urbanization across the world is likely to ensure steady demand from several of the leading application segments of the global surfactants market, leading to the market retaining its fragmented competitive landscape in the coming years. Region-specific players could also make a significant market on the global surfactants market in the coming years, as the demand dynamics of the surfactants market are often region-specific.

According to Transparency Market Research (TMR), the global surfactants market is expected to reach a valuation of US$28.8 bn by 2023. The market is likely to exhibit a steady 4.20% CAGR between 2015 and 2023.

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Anionic Surfactants to Retain Dominance in Global Surfactants Market

The global surfactants market is bifurcated into the major segments of cationic and anionic surfactants on the basis of product type. Of these, anionic surfactants are expected to be the dominant segment in the global surfactants market in the coming years. Anionic surfactants find large-scale use in industrial detergents and cleaners, which has been a key factor in their rising demand. Nevertheless, cationic surfactants are also likely to witness steady demand over the coming years, leading to the product breakdown of the global surfactants market remaining largely unchanged over the forecast period. Non-ionic and amphoteric surfactants are likely to occupy a relatively minor position in the global surfactants market in the coming years.

Geographically, the global surfactants market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Of these, Asia Pacific is expected to retain its current position as the leading regional contributor to the global surfactants market in the coming years. The rising demand for surfactants from emerging countries such as India, China, Malaysia, Indonesia, and Thailand is a key factor driving the Asia Pacific surfactants market.

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Nevertheless, The North America surfactants market is also likely to make steady progress over the coming years. The firmly established presence of several leading players in the global surfactants industry in North America is a key factor responsible for the strong growth prospects of the region’s surfactants market. Consistent demand from the industrial sector is likely to help the North America surfactants market’s growth over the forecast period. Apart from these two leaders, Latin America and the Middle East are also likely to make a considerable contribution to the global surfactants market’s growth in the coming years thanks to the rapid urbanization in several countries in these regions.

Rising Demand for Personal Care Products Crucial for Global Surfactants Market

The global surfactants market is driven primarily by the booming global personal care products sector. Consumers across the world are becoming increasingly conscious about their appearance as well as persona hygiene, leading to rising demand for a variety of personal care products. The demand for skin care and hair care products has also been driven by the rising pollution levels across the world, which is likely to remain a key factor indirectly linked to the global surfactants market. The rapid urbanization in developing economies has also boosted the demand for household detergents, which already hold a leading share in the surfactants market in developed regions. As a result, household detergents are likely to remain the leading application segment of the global surfactants market.

On the other hand, the global surfactants market could face a significant roadblock in the form of the steady shift in regulatory frameworks. Some surfactants have been shown to have an adverse effect on human health as well as the environment, which could restrict their demand in regions with strict regulatory frameworks concerning the use of solvent-based detergents.

Paraformaldehyde Market: Resin and Agrochemical Manufacturers Stretch Demand to Leverage Better Benefits, TMR

The global paraformaldehyde market has been predicted by Transparency Market Research (TMR) to witness a distinctive enhancement in its competitive scenario on account of the existence of a hefty count of players. With a view to achieve one of the topmost positions in the worldwide paraformaldehyde market, quite a few new entrants could look to enlarge their product horizon. Most new entrants in the worldwide paraformaldehyde market have been anticipated to be attracted to the ballooning demand in the industry.

The increasing level of competition in the worldwide paraformaldehyde market could create a significant awareness among consumers related to the application of the product across a wide range of industries. The advent of new products in the worldwide paraformaldehyde market has also been expected to be a result of the intensifying competition among players. A surging count of mergers and acquisitions could be witnessed in the worldwide paraformaldehyde market, considerably contributing toward growth during the forecast period. Few of the leading companies operating in the worldwide paraformaldehyde market have been foretold to be INEOS Group Limited, Feno Resinas S.A. de C.V., Shouguang Xudong Chemical Co., Ltd., Celanese Corporation, and Nantong Jiangtian Chemical Co., Ltd.

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The worldwide paraformaldehyde market could expand at an estimated CAGR of 6.0% from 2015 through 2023, as per the statistics obtained by TMR in its latest report. By the end of the forecast period, the worldwide paraformaldehyde market has been envisaged to earn around a US$0.79 bn. In the past, resins and agrochemicals had together accounted for a telling share in the worldwide paraformaldehyde market and might continue their dominance until the last forecast year. Owing to a colossal demand for agrochemicals, Asia Pacific could secure a larger share in the worldwide paraformaldehyde market by the concluding forecast year.

Resins, Agrochemicals, and Other Applications Pave Way for Tangible Growth

The demand in the world paraformaldehyde market has been envisioned to increase at an impressive rate due to a growing number of applications, resins, agrochemicals, lubricant additives, medical appliances, and papermaking to name a few. The magnifying adoption of genetically modified crops (GMCs) could result in an escalating demand for glyphosate. This has been foreseen to be another crucial factor positively impacting the advancement of the world paraformaldehyde market. In the near future, the development of the world paraformaldehyde market could gain acceleration on account of a mounting demand for resins.

Increasing technological advancements and emphasis on the evolution of novel products have been projected to be tremendously vital for the advancement of the world paraformaldehyde market.

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Restrictions on Application of Glyphosate Break Growth Consistency

During the forecast period, the international paraformaldehyde market could face restrictions in its progress due to numerous concerns regarding the limitations and sanctions of glyphosate. A number of countries in Europe and Latin America have been forecasted to scrutinize the agrochemicals market, thus raising eyebrows on the usage of glyphosate on agricultural produce.

However, in the foreseeable future, participants could take advantage of profit-making opportunities in the international paraformaldehyde market birthed from the engagement of paraformaldehyde as a lubricant additive and drilling fluid in the oil and gas sector. The application of paraformaldehyde in the production of bismerthiazol, machete, butachlor, and acetochlor has been prophesied to be a great opportunity to cash in on in the international paraformaldehyde market. Vendors could also find favorable prospects with benefits such as improved productivity and better reaction control that paraformaldehyde brings to the table.

The global paraformaldehyde market has been segmented as presented below:

Global Paraformaldehyde Market – Application Analysis

  • Resins
  • Agrochemicals
  • Medical Applications
  • Development of Photographic Films, Papermaking, Oil Field Chemicals, and Lubricant Additives 

The information presented in this review is based on a TMR report, titled, “Paraformaldehyde Market (Application – Resins, Agrochemicals, Medical, and Development of Photographic Films, Papermaking, Oil Field Chemicals, and Lubricant Additives) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Visit Blog: http://marketresearchreports2017.blogspot.in

Electroactive Polymers Market – Important Factors, New Trends of Market 2024

Electroactive polymers are one of the most versatile elastomers that can be stimulated by applying suitable external electric field. They have emerged as promising in a variety of electronics and automotive applications. The burgeoning application of electroactive polymers in the electronics industry, especially in developing regions, is driving the evolution of the market. Electroactive polymers have wide applications as actuators and sensors in various end-use industries.

Advances in materials used in developing electroactive polymers and recent cutting-edge innovations in manufacturing processes have resulted in actuators being robust, efficient, and more functional. As a result, electroactive polymers find extensive demand from the automotive industry in making a variety of components such as sensors and accelerometers. In the coming years, advances being made in the actuator segment will open up promising applications in the healthcare sector with their use in biomimetic-robotics.

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A large untapped market in various regions such as North America and Europe are expected to open up lucrative growth avenues for companies. Witnessing numerous promising opportunities, the electroactive polymers market is projected to rise at 7.6% CAGR during the forecast period of 2016–2024, in terms of revenue. The estimated revenue of the market was US$3.15 bn by the end of 2016 and by the end of 2024, it is anticipated to garner a value of US$5.69 bn.

Protection of Electronic Devices against Electromagnetic Interferences to Boost Uptake

The major application segments of the electroactive polymers market are electrostatic discharge (ESD) and electromagnetic interference (EMI) protection, actuators, sensors, antistatic packaging, plastic transistors, inks, and paints. Among these, the ESD and EMI segment is projected to lead the market. The mounting threat of electromagnetic interferences and electrostatic discharges in consumer electronic devices and semiconductors. High-performance electroactive polymers find use in making various EMI-shielding components.

Compared to traditional polymers, these polymers can prevent the formation of static electricity, leading to the impressive growth of the sector. The electroactive polymers for ESD and EMI protection segment is projected to reach a value of approximately US$2bn, globally. The burgeoning demand for sensors and actuators for automobiles is also anticipated to expand the applications of these polymers. Meanwhile, the conductive polymer segment is projected to generate maximum revenue by the end of the forecast period.

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North America Market to Dominate in Applications of Electroactive Polymers

Regionally, the global electroactive polymers market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, current North America dominates the global market and is projected to remain so throughout the forecast period. The U.S constitutes the major chunk of demand for electroactive polymers, attributed to the presence of large number of prominent players. The North America market for electroactive polymers is projected to occupy a share of 62.3% of the aggregate value held in demand for electroactive polymers, by the end of the forecast period.

The growth of the market is driven by the substantial demand for inherently conductive polymers (ICPs). The North America regional market is trailed by the Europe and Asia Pacific markets. The lack of awareness of the functionalities of electroactive polymers has led to a subdued demand in these regions. This scenario is likely to alter with time as market players explore lucrative avenues in untapped markets across the globe. Global as well as regional players are exploring growing opportunities in several countries of Asia Pacific.

The information presented in this review is based on a Transparency Market Research report, titled, “Electroactive Polymers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.

Portland Cement Market: Increasing Infrastructure Development Projects to Fuel Demand, says TMR

The global Portland cement market is fragmented. Some of the leading players operating in the Portland cement market are: Lafarge SA, CNBM, Holcim, Heidelberg Cement, Italcementi, Anhui Conch, and UltraTech Cement Ltd. Players in the market are looking towards expansion in the emerging economies where there is a potential growth in the construction industry. Thus, Portland cement producers will establish new capacities in these areas or indulge in capacity additions in the years to come. Players may participate in mergers and acquisitions, partnerships, and collaborations to execute their aim for expansion across different geographies, states a new report published by a market intelligence company called, Transparency Market Research (TMR).

According to the report, the global Portland cement market will reach 5.2 bn tons by 2020 in terms of volume. On the basis of application, the infrastructure and residential applications ruled the market in the past. On the basis of geography, Asia Pacific is anticipated to emerge as the most lucrative regional segment, followed by North America and Europe. Asia Pacific is also expected to expand at the fastest rate in the years to come on account of the highest production of Portland cement as well as for the highest consumption of the same. Rapid urbanization and steady improvement in the economy will drive the region towards growth. The Rest of the World will also witness healthy growth in the Portland cement market in the coming years.

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FIFA World Cup 2018 to Create Growth Opportunities for Portland Cement Market

The lead author of this report states that growing importance of Portland cement in construction applications will push the growth of the market worldwide, and especially in Asia Pacific. The extensive use of Portland cement for residential and commercial infrastructure development is driving the market globally. Of late, China, Russia, Brazil, South Africa, and India have contributed significantly to the growth of the Portland cement market. The high demand for grouts and mortars, which are used for the manufacturing of screeds, plasters, road beds, and foundations, will propel the demand for Portland cement in the years to come.

In addition to these factors, the hosting of FIFA World Cup by Russia in 2018 is behind a heightened demand for Portland cement. This is because the hosting of World Cup will require a huge infrastructure, with top class stadiums, and other facilities. Therefore, the Russian government has allocated over US$16 bn for the development of spectacular stadium. Such events are expected to create growth opportunities for Portland cement in the market.

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Health Hazards Caused by Portland Cement to Impact Demand

“On the other hand, the environmental damage caused by the use of Portland cement will threaten the demand for this cement as the world becomes more aware and concerned about environmental conservation and green movement,” says TMR. In addition to this, another factor challenging the growth of the market is the fact that large amounts of energy are used for the transport, manufacturing, or mining of the Portland cement. This results in air pollution, and will be an obstacle for the global Portland cement market. Extensive exposure to Portland cement can cause severe damage to humans, causing health disorders such as lung cancer and chemical burns.

The global Portland cement market is segmented as follows:

Portland cement Market – Application Segment Analysis

  • Residential
  • Commercial
  • Infrastructure
  • Others (Including cement bricks, farm construction, etc.)

Portland cement Market – Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

This information is based on the findings of a report published by Transparency Market Research, titled, “Portland Cement Market (Application – Residential, Commercial, and Infrastructure) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

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