Comunicati.net - Comunicati pubblicati - Market Research Future Comunicati.net - Comunicati pubblicati - Market Research Future Sun, 22 Sep 2019 09:55:35 +0200 Zend_Feed_Writer 1.12.20 (http://framework.zend.com) http://comunicati.net/utenti/23880/1 Optical Coatings Market Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023 Thu, 19 Sep 2019 12:43:22 +0200 http://comunicati.net/comunicati/aziende/internet/598068.html http://comunicati.net/comunicati/aziende/internet/598068.html Market Research Future Market Research Future Optical Coatings Market – Overview

The Optical Coating Market is seeing growth trends primarily due to the increased usage of coatings on precision optics. Market reports connected with the chemicals and materials industry have been made accessible by Market Research Future who publishes reports on other sectors that have been published currently along with a report on this industry. The market is anticipated to demonstrate positive progress with the rise in the revenue levels from USD 7,964.8 Mn to around USD 11,700 Mn by the year 2023.

The growing call for refractive optics that can be used to maximize throughput and reduce unwanted reflections is motivating the development of the Optical Coating Market. The broad variety of industries and optical systems, such as optical communications, energy control, and solar coatings are expected to provide leverage for substantial market growth in the forecast period. Increasing industrial demands have created an encouraging expansion scenario for the Optical Coating Market in the upcoming forecast period.

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Segmental Analysis:

The Optical Coating Market is segmented based on the Coating Method, Type, End-Use Industry, Coating Material and Region.

Based on Type, the market is segmented into beam-splitter coatings, anti-reflective coatings, electrochromic coatings, transparent conductive coatings, high-reflective coatings, partial reflective coatings, filter coatings, besides others.

Based on the Coating Method, the market is segmented into vacuum deposition/evaporation deposition, sputter deposition, and others.

Based on Coating Material, the market is segmented into dielectric materials and metallic materials.

Based on End-Use Industry, the market is segmented into automotive, aerospace & defense, healthcare, solar, electronics & telecommunication, and others.

The Regions covered in the Optical Coating Market is segmented into Europe, North America, Asia Pacific and Rest of the World.

Detailed Regional Analysis:

The Regional Analysis of the Optical Coatings Market encompasses regions such as Europe, North America, Asia Pacific and Rest of the World. The Asia Pacific region is the most substantial region in the market globally and is anticipated to grow at a maximum CAGR through the forecast period. The region has a high concentration of developing economies such as India, China, South Korea, and Japan. These nations are quickly urbanizing, and as such, there has been a clear change in the consumption and lifestyles patterns. The region has a well-established and rising manufacturing sector due to the reduced total operating costs in the region and the accessibility of educated, and reasonably cheap labor. The penetration of consumer electronic devices and increasing purchases and demand for automobiles are the other significant factors inspiring the development of Optical Coatings. The North American & European regions make up the second and third largest markets correspondingly and also have comparable growth & consumption patterns. The incidence of key market players in these regions and the progress in the technology of Optical Coatings have contributed considerably to fortifying these region’s market positions.

Competitive Analysis:

The crucial success factors and players’ predilections are constantly growing by the strategies being used by market contenders. The alteration in the services and products is the principal factor escalating the market's efficiency and controlling the trends that are acquiring distinction in the market. Furthermore, the expansion of new products and services will add further impetus to the market growth. The improvement in the products and services is the chief factor escalating the market's productivity and controlling the trends that are acquiring distinction in the market. The critical success factors and players’ predilections are progressively increasing by the strategies being used by market competitors. The progress patterns are revised in tandem to the customer preferences to realize maximum growth, and in the long run, profitability. In addition, the launch of new products and services will add additional impetus to the market progress.

The prominent contenders in the market are Angstrom Engineering Inc., Thorlabs Inc., Abrisa Technologies, Inrad Optics, Carl Zeiss Jena GmbH, Optical Coatings Japan,Edmund Optics Inc., Optiforms Inc., PPG Industries, MKS Instruments, Reynard Corporation, AMETEK, II-VI Incorporation, Optics Balzers AG, DowDuPont Inc., and Berliner Glas.

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

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Optical Coatings Market Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023 Thu, 19 Sep 2019 12:42:54 +0200 http://comunicati.net/comunicati/aziende/internet/598067.html http://comunicati.net/comunicati/aziende/internet/598067.html Market Research Future Market Research Future Optical Coatings Market – Overview

The Optical Coating Market is seeing growth trends primarily due to the increased usage of coatings on precision optics. Market reports connected with the chemicals and materials industry have been made accessible by Market Research Future who publishes reports on other sectors that have been published currently along with a report on this industry. The market is anticipated to demonstrate positive progress with the rise in the revenue levels from USD 7,964.8 Mn to around USD 11,700 Mn by the year 2023.

The growing call for refractive optics that can be used to maximize throughput and reduce unwanted reflections is motivating the development of the Optical Coating Market. The broad variety of industries and optical systems, such as optical communications, energy control, and solar coatings are expected to provide leverage for substantial market growth in the forecast period. Increasing industrial demands have created an encouraging expansion scenario for the Optical Coating Market in the upcoming forecast period.

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Segmental Analysis:

The Optical Coating Market is segmented based on the Coating Method, Type, End-Use Industry, Coating Material and Region.

Based on Type, the market is segmented into beam-splitter coatings, anti-reflective coatings, electrochromic coatings, transparent conductive coatings, high-reflective coatings, partial reflective coatings, filter coatings, besides others.

Based on the Coating Method, the market is segmented into vacuum deposition/evaporation deposition, sputter deposition, and others.

Based on Coating Material, the market is segmented into dielectric materials and metallic materials.

Based on End-Use Industry, the market is segmented into automotive, aerospace & defense, healthcare, solar, electronics & telecommunication, and others.

The Regions covered in the Optical Coating Market is segmented into Europe, North America, Asia Pacific and Rest of the World.

Detailed Regional Analysis:

The Regional Analysis of the Optical Coatings Market encompasses regions such as Europe, North America, Asia Pacific and Rest of the World. The Asia Pacific region is the most substantial region in the market globally and is anticipated to grow at a maximum CAGR through the forecast period. The region has a high concentration of developing economies such as India, China, South Korea, and Japan. These nations are quickly urbanizing, and as such, there has been a clear change in the consumption and lifestyles patterns. The region has a well-established and rising manufacturing sector due to the reduced total operating costs in the region and the accessibility of educated, and reasonably cheap labor. The penetration of consumer electronic devices and increasing purchases and demand for automobiles are the other significant factors inspiring the development of Optical Coatings. The North American & European regions make up the second and third largest markets correspondingly and also have comparable growth & consumption patterns. The incidence of key market players in these regions and the progress in the technology of Optical Coatings have contributed considerably to fortifying these region’s market positions.

Competitive Analysis:

The crucial success factors and players’ predilections are constantly growing by the strategies being used by market contenders. The alteration in the services and products is the principal factor escalating the market's efficiency and controlling the trends that are acquiring distinction in the market. Furthermore, the expansion of new products and services will add further impetus to the market growth. The improvement in the products and services is the chief factor escalating the market's productivity and controlling the trends that are acquiring distinction in the market. The critical success factors and players’ predilections are progressively increasing by the strategies being used by market competitors. The progress patterns are revised in tandem to the customer preferences to realize maximum growth, and in the long run, profitability. In addition, the launch of new products and services will add additional impetus to the market progress.

The prominent contenders in the market are Angstrom Engineering Inc., Thorlabs Inc., Abrisa Technologies, Inrad Optics, Carl Zeiss Jena GmbH, Optical Coatings Japan,Edmund Optics Inc., Optiforms Inc., PPG Industries, MKS Instruments, Reynard Corporation, AMETEK, II-VI Incorporation, Optics Balzers AG, DowDuPont Inc., and Berliner Glas.

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

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

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Biocides Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023 Thu, 19 Sep 2019 12:13:48 +0200 http://comunicati.net/comunicati/aziende/internet/598052.html http://comunicati.net/comunicati/aziende/internet/598052.html Market Research Future Market Research Future Market Overview:

Biocides are chemical substances that exert a controlling effect on various types of micro-organisms that are harmful to human or animal health. Market Research Future (MRFR) has published a report asserting that the Global Biocides Market is market to expand moderately in the forthcoming years.

Industry Updates:

In October 2018, Dow Microbial Control, a U.S.-based business unit of DowDuPont Specialty Products, has announced the launch of two new within its AQUCAR Water Treatment Microbiocides portfolio. The new cold-weather biocides, AQUCAR 7140 LT Water Treatment Microbiocide and AQUCAR TN 250 LT Water Treatment Microbiocide provide microbial control down to -40 Fahrenheit.

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In July 2018, India's Central Insecticide Board and Registration Committee (CIB&RC) have announced that it has published long-awaited guidelines for the registration of biocides used in paints.

Key Players:

The Prominent Players profiled by MRFR that are operating in the Global Biocides Market are Arch Chemicals Inc., Cortec Corporation, Buckman Laboratories International Inc., Ashland Inc.,  GE Water and Process Technologies, Anpath Group Incorporated, Sigma-Aldrich, Champion Technologies, AkzoNobel N.V., BASF, BWA Water Additives, Clariant AG, Lanxess AG,  The Dow Chemical Company, Baker Hughes Incorporated, Thor Group Limited, Albemarle Corporation, Akcros Chemicals, Solvay SA, Troy Corporation, Lubrizol and others.

Market Drivers and Restraints:

Increasing emphasis on improving sanitation in production processes in order to prevent product spoilage due to microbial contamination is majorly driving the expansion of the Global Biocides Market. Rise in demand for powerful disinfectant solution in various industries such as food and beverages, paints and coatings, personal care, wood preservation and others is propelling the growth of the Global Biocides Market.

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Biocides are extensively utilized in food and beverages industry for disinfecting food contact materials and active packaging materials. Biocides are also utilized for wood preservation as they aid in extending the life cycle of furniture. Increasing utilization of Biocides for water treatment owing to the increasing prevalence of water-borne diseases and application of Biocides as stimulation fluids in hydraulic fracturing in order to prevent corrosion are some other factors that are fueling the growth of the Global Biocides Market. However, strict regulatory framework against the usage of Biocides and health hazards caused due to the presence of harmful chemicals in biocides are likely to restrain the growth of the Global Biocides Market during the forecast period.

Market Segmentation:

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

Based on Product, the Biocides Market has been segmented into halogen compounds, metallic compounds, organosulfur, organic acids, phenolics, nitrogen and others. Among these, the halogen compounds segment is anticipated to project dominance over the Global Biocides Market.

Based on Application, the Biocides Market has been segmented into food & beverages, wood preservation, water treatment, personal care, paints and coatings, boilers, HVAC, fuels, oil and gas, and others. The food & beverages segment is key application segment in the Global Biocides Market owing to the increasing demand for biocides in food and beverages industry.

Regional Analysis:

Geographically, the Global Biocides Market has been segmented into four major regions such as North America, Asia Pacific, Europe and the rest of the world. The North America region is forecasted to dominate the Global Biocides Market owing to the high demand for Biocides in rapidly expanding food & beverages industry. The Biocides Market in the Europe region owing to the increasing adoption of biocides in paints and coatings industry and increased research activities for the development of highly effective Biocides in this region. Inflated demand for biocides in various industries and increased manufacturing rate are driving the Biocides Market in the Asia Pacific region.

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Aerospace Plastics Market New Industry Research on Present State & Future Growth Prospects by 2023 Thu, 19 Sep 2019 11:53:45 +0200 http://comunicati.net/comunicati/aziende/internet/598041.html http://comunicati.net/comunicati/aziende/internet/598041.html Market Research Future Market Research Future Regional Overview:

Based on Region, the Global Aerospace Plastics Market has been segmented into Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is projected to grow at the highest CAGR during the review period. China, Japan, South Korea, and India are the major contributors to the growth of this regional market. China and Japan are the largest producer of the various Aerospace Plastics, not only in this region but also in the world. This is mainly attributed to the vast production capacity and wide industrial sector in these countries. India is set to grow at the highest CAGR during the review period on account of the rapid industrialization, technological advancements, and increasing Aerospace Plastics processing capacity in the country.

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The aerospace industry in this region is rapidly growing due to the huge investment by India and China in space exploration. Indian Space Research Organization (ISRO) has emerged as one of the world’s leading commercial space agency. It offers cheaper and efficient launching services which makes it more competitive and most preferred by many countries. India is earmarking greater percentage of its GDP for space sciences and aspire to become the leader in global space industry.

The increasing demand for the commercial aircrafts across the globe is likely to benefit the existing in the existing aerospace industry in North America and Europe. US, Germany and France are the major markets in these regions.

The market in the Middle East & Africa is expected to grow at healthy CAGR in the coming years. South Africa, Turkey, Egypt, and Israel are expected to be the major countries contributing to market growth in the region.

 Key Players:

The key players in the Global Aerospace Plastics Market are Hyosung Corporation (South Korea), Mitsubishi Heavy Industries, Ltd. (Japan), Kaman Corporation (US), SABIC (Saudi Arabia), TORAY INDUSTRIES, INC. (Japan), BASF SE (Germany), Evonik Industries AG (Germany), Solvay S.A. (Belgium), Hexcel Corporation (US), and Premium AEROTEC (Germany), among others.

Segmentation:

The Global Aerospace Plastics Market has been segmented based on Application, End-Use and Region.

Based on Application, the Global Aerospace Plastics Market has been segregated into aerostructure, fuselage components, interior components, support equipment, insulation, propulsion system, and others.

Based on End-Use, the market has been categorized into commercial aircrafts, military aircrafts, rotary aircrafts, and general aviation, among others.

The Global Aerospace Plastics Market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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

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

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Metal Coatings Market Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023 Tue, 17 Sep 2019 13:12:29 +0200 http://comunicati.net/comunicati/aziende/internet/597476.html http://comunicati.net/comunicati/aziende/internet/597476.html Market Research Future Market Research Future The Global Metal Coating Market is expected to account for a significant market share over the forecast period, at a remarkable CAGR, as predicted by Market Research Future (MRFR).

The Growth Global Metal Coatings Market is influenced by the expanding construction industry in both developed and developing regions and increasing expenditure on the residential properties along with evolving the lifestyle and growing disposable income of the consumer in the developing nations.

The thriving automotive industry in the developed regions along with increasing demand for fuel-efficient vehicles owing to the strict environmental regulations is uplifting the market growth. Additionally, shifting the manufacturing base from the developed nations to developing nations owing to the easy availability of raw material and inexpensive labor is likely to fuel the demand for Metal Coatings from the automotive industry over the review period.

Furthermore, the Emerging Electrical and Electronics Industry along with the initiatives are taken by the governments towards the adoption of the internet of things (IoT), artificial intelligence and automation are likely to offer lucrative opportunities in the Global Market for Metal Coatings. Rising preference of the consumers for built-in functions in personal devices is also expected to drive the market significantly over the forecast period.

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Key Players:

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

Segmental Analysis:

The Global Metal Coatings Market is segmented based on Form, Method, Resin Type, End-Use Industry and Region.

The Metal Coatings found in the market are usually in the form of liquid and powder coatings. The liquid coatings are further sub-segmented into water-based and solvent-based.

The various methods used for Metal Coatings in the market are anodizing, and electroforming, electroplating, galvanizing.

Based on the Type of Resin, the Metal Coatings Market is segmented into acrylics, epoxy, polyester, polyurethane, fluoropolymer, plastisol, and others.

The End-Users of the Global Market for Metal Coatings is segmented into automotive, aviation, construction, electrical & electronics, marine, oil & gas, and others.

Regional Analysis:

Based on the Region, the Global Metal Coatings Market is divided into Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America.

The Asia Pacific (APAC) is the fastest-growing region in the Global Metal Coatings Market owing to the rising construction industry with growing investments in the infrastructural activities for the development by the government. Initiatives taken by the government authorities of developing countries in the region towards the development of smart cities and construction of airports, among others are likely to increase the market growth over the forecast period. In addition, the rapidly increasing automotive industry in the developing nations such as India China and Japan as a consequence of increased expenditure on automobiles is fueling the demand.

North America is the largest region in the Global Metal Coatings Market due to the increasing aviation industry. This is attributed to the growing aircraft production to meet the increasing demand for automobiles from the developed nations with a well-to-do consumer base such as U.S. Canada. The product consumption is expanding in the electrical and electronics industry with increasing expenditure on wireless speakers and home appliances by market players, which is driving the markets for these products.

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Europe is likely to account for a significant market share during the review period with the vitalizing automotive industry, especially in France, Germany, Russia, and the U.K. Thriving construction industry with increasing investment in the remodeling of residential and commercial infrastructure is expected to drive the market growth over the forecast period.

Latin America is witnessing considerable growth for the Metal Coatings Market with rising automotive and construction industry in Argentina, Brazil, and Colombia. The Middle East & Africa is likely to contribute to major market growth in the metal coating market with increasing construction activities mainly in Saudi Arabia and the UAE.

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

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High Performance Plastics Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023 Tue, 17 Sep 2019 12:48:01 +0200 http://comunicati.net/comunicati/aziende/internet/597469.html http://comunicati.net/comunicati/aziende/internet/597469.html Market Research Future Market Research Future Market Highlights:

The High-Performance Plastics are widely used in automotive, electrical & electronics, aerospace & defence, and industrial applications. Automotive segment contributes highest share to the overall growth of the market. The reason behind is High Performance Plastics provides light weight manufacturing products which are fuel efficient as it is estimated that every 10-12% reduction in vehicle weight results in a 6% to 8% reduction in fuel usage. The Global High-Performance Plastics Market Size was valued at around USD 14 billion in 2016 and is expected to cross USD 30 billion at CAGR of approximately 7% by 2022.

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Key Players:

The key players of Global High-Performance Plastics Market report include- Sekisui Chemical Co., LTD., BASF SE, Quadrant, Nylacast Limited, Arkema Group, Daikin Industries, Ltd, Celanese Corporation, Solvay S.A., Arkema SA, Evonik Industries AG, and Kuraray Co., Ltd.

Market Research Analysis:

The market is highly application based. The factors contributing to the growth of the Global High-Performance Plastics Market are their properties which makes it more demanding over standard plastic. The market is expected to have higher growth rate as compared to the previous years. Asia-Pacific is the largest region for the High-Performance Plastics Market, followed by Europe and North America. Emerging countries like China and India have a high demand for the automotive and electrical & electronics products due to factors such as growth of industrialization.

Scope of the Report:

This study provides an overview of the Global High-Performance Plastics Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global High-Performance Plastics Market as Type and End-Use.

By Type

Floropolymers

Polyamides

Sulfone Polymers

Polyphenylene Sulphide

Liquid Crystal Polymers

Polyetherimide

Others

By End-Use

Automotive

Aerospace & Defence

Electrical & Electronics

Industrial

Others

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

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

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Abrasives Market New Industry Research on Present State & Future Growth Prospects by 2023 Tue, 17 Sep 2019 12:16:56 +0200 http://comunicati.net/comunicati/aziende/internet/597458.html http://comunicati.net/comunicati/aziende/internet/597458.html Market Research Future Market Research Future Key Players:

Market Research Future (MRFR) recognizes the following companies as the key players in the Global Abrasives Market: Saint-Gobain Abrasives, Inc., Robert Bosch GmbH, Fujimi Incorporated, TYROLIT group, Asahi Diamond Industrial Co., Ltd, Cabot Microelectronics Corporation, Jason Incorporated, Noritake Co., Ltd, Schaffner Manufacturing Company, Inc, DEERFOS Co., Ltd, sia Abrasives Industries AG, Carborundum Universal Limited, DowDuPont, Inc., 3M, and KREBS & RIEDEL.

Segment Analysis:

MRFR in its Report has offered a Segmental Analysis of the market based on Source, Material, Type, Application, and Region.

Based on the Type, the market is segmented into natural and synthetic.

Based on the Material, the market is classified into aluminum oxide, silicon carbide, emery, corundum, boron carbide, and others. Among the material segment, aluminum oxide emerged as the leading type segment with largest global share, followed by silicon carbide. Aluminum oxide is predominantly used for metalworking and woodworking application. Emery is another prominent material segment after silicon carbide, rising use in metal fabrication and automotive sector is projected to fuel the segment growth.

Based on the Type, the market is segmented into bonded, coated, super, and others. Based on the application, the market is classified into automotive, metalworking, machinery, electrical & electronics, construction, and others. The metalworking segment accounted for around 28% market share in 2017 and is projected to expand at a significant CAGR of around 4.90% during the review period. In the metalworking sector, Abrasives are used for a wide range of application such as polishing, grinding, deburring, and other metalworking application. This wide usage of Abrasives is estimated to drive the segmental growth.

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Market Highlights:

Abrasives are gaining prominence in the global market with the growing usage in the end use applications such as electrical & electronics, automotive, machinery, metalworking, construction, and others.

Some of the factors that are positively influence the growth of the Abrasives Market are rapid urbanization, rising demand from the furniture & interior industry, and increasing building & construction activities. Moreover, modern industrialization with the growing demand for customization in the machining has created demand for Abrasives. Applications of Abrasives are increasing, especially for customized products such as high-end engines from the automotive industry and dental prosthetics in modern dentistry. Furthermore, GDP and healthy employment in emerging economies are driving the demand for versatile furniture, which is expected to give new momentum to the Global Abrasives Market. However, fluctuation in raw material prices are affecting the cost of Abrasives product, which, in turn, is expected to hamper the market growth.

Global Abrasives Market is estimated to grow at a CAGR of 4.98% to reach USD 47,170 million by the end of 2023.

Regional Analysis:

The Global Abrasives Market is further classified into five regions namely Latin America, the Middle East & Africa, North America, Europe, and Asia Pacific.

Asia Pacific dominated the Global Abrasives Market in 2017, accounting for more than 63% of the value share of the Global Abrasives Market. The regional market trends driving the growth of the Abrasives market include the increasing contribution from the metalworking and an automotive segment to the numerous developing economies and expanding end-user application industry across Asia Pacific region.

Other developing countries of Europe, Latin America, the Middle East & Africa, and North America are predicted to register moderate growth due to the broad utilization of Abrasives in numerous applications.

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Micro Reactor Technology Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2022 Mon, 16 Sep 2019 11:11:58 +0200 http://comunicati.net/comunicati/aziende/internet/597146.html http://comunicati.net/comunicati/aziende/internet/597146.html Market Research Future Market Research Future Overview:

The Micro Reactor Technology Market is cruising ahead as the utility of microreactors is gaining precedence in the chemical industry. Microreactor, also known as microstructured reactor or microchannel reactor, where chemical reactions happen in a lateral channel below 1mm and confinement. A part of the microprocessor engineering, microreactors acts like a continuous flow reactor and improves energy efficiency and reaction speed of the test. The reactor is safe and reliable, and its scalability, ability to produce on-demand, and skill to deliver better process control. The Global Microreactor Technology Market can witness a significant rise in the valuation during the forecast period (2016-2022). From USD 32,456 million in 2015 to an impressive USD 1,08,927.1 million by 2022, the microreactor technology market’s valuation can grow with a 19.05% CAGR over the review period. Market Research Future (MRFR) in their recently published article on the market included segmental analysis, impacting drivers, and updates of the notable competitors for better evaluation and prediction.

Microreactor’s ability to remove heat is better than the conventional vessels which increase the chances of nitration has gained popularity in the chemical industry. In addition, its ability to run without stop results in different concentration level which for many reactions is a boon. At the same time, pressurization can be handled in the microreactors better than any other format which is gaining prominence. Nano-pharmaceuticals are also providing much traction for the microreactor technology market growth. Microreactors are affordable that is also creating much scope for the microreactor technology market expansion.

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Segmentation:

Based on the Report published by MRFR, the Global Microreactor Technology Market can be segmented by types, applications and end users for a detailed understanding.

Based on the Type, the Microreactor Technology Market can be segmented into disposable and reusable. The reusable microreactor technology segment is expecting robust growth as the cost can be curbed substantially using this method. Disposable segment held the maximum market share in 2015 and is expected to project 18.96% CAGR during the forecast period to exceed a valuation of USD 23,043.8 million.

Based on the Applications, the Microreactor Technology Market can be segmented into chemical synthesis, polymer synthesis, process analysis, material analysis, and others. Chemical synthesis is driving the market ahead with substantial market hold.

Based on End-Users, the Microreactor Technology Market can be segmented into specialty chemicals, pharmaceuticals, commodity chemicals, and others. Nano technology is gaining more from such reactors owing to which pharmaceuticals segment can grow significantly. Specialty chemicals segment is the current market leader.

Regional Analysis:

Region-specific Microreactor Technology Market analysis as per the MRFR report encompasses North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa (MEA).

North America has control over 38% of the global market. The region is a pro when it comes to research and development. Hence, various laboratories and institutes have created a huge demand for Microreactor Technology. At the same time, with its increasing popularity in the pharmaceutical sector, various drug companies are incorporating the technology for better results.

Europe has almost 30% of the market share. The regional infrastructure for the experiment is quite high which provides the market with ample expansion opportunity. Government initiatives in the sector are also commendable.

The APAC market comes third and owns almost 21% of the global market. The region is witnessing substantial boom from the technological sector, and revamping industries are also favoring the product in countries such as India, China, Japan, and South Korea.

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Competitive Analysis:

Notable players profiled in the MRFR report on the Global Microreactor Technology Market are Little Things Factory, AM Technology, Thaletec GmbH, Microinnova Engineering GmbH, Vapourtec Ltd, Uniqsis Ltd, Ehrfeld Mikrotechnik BTS, Chemtrix Ltd, and others.

In 2018, the U.S. government passed a law called the National Defense Authorization Act, where the Department of Energy has been asked to develop a full-scale report on the deployment of microreactors in defense. This is a good sign for the microreactor technology market as it would increase the percolation of the technology into the defense sector more.

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Metal Powder Market New Industry Research on Present State & Future Growth Prospects by 2023 Mon, 16 Sep 2019 10:49:18 +0200 http://comunicati.net/comunicati/aziende/internet/597137.html http://comunicati.net/comunicati/aziende/internet/597137.html Market Research Future Market Research Future Market Scope:

The Global Market for Metal Powder is possibly going to achieve a CAGR of more than 3% during the forecast period (2017-2023), says Market Research Future (MRFR).

Key Companies:

The esteemed players shaping the Worldwide Metal Powder Market include GKN Plc. (U.K.), Hoganas AB (Sweden), Carl Schlenk AG (Germany), American Chemet Corporation (U.S.), Allegheny Technologies Incorporated (U.S.), Sandvik AB (Sweden), Carpenter Technology Corporation (U.S.), Hitachi Chemical Co., Ltd (Japan), Metaldyne performance Group Inc (U.S.), Rio Tinto (U.K.), to name a few.

Industry Update:

July 2019

Höganäs AB (Sweden) is set to expand its metal powder production facility in Pennsylvania, USA, adding few production capabilities for supporting Additive Manufacturing as well as other technologies. A 24,000 ft2 building will be added, coupled with purchase of new machinery.

Growth Boosters and Key Barriers:

Rising adoption of additive manufacturing, coupled with the increasing demand for lightweight components within the automotive sector, could favor market growth.  Additive manufacturing is also called 3-D printing, known for imprinting excellent shades within the manufacturing sector, based on the phasing in of advanced technologies including digitalization to cope up with additive manufacturing which is blended with Metal Powder to make a 3D prototype. It is believed that the 3D-Printing Market could demonstrate double-digit growth in the coming years. Lightweight material is gaining immense popularity in the automotive industries, on account of its beneficial properties, including high accuracy and high life expectancy, among others.

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Materials that are lightweight, such as aluminum (Al) alloys, high-strength steel, polymer composites, carbon fiber, and magnesium (Mg) alloys can directly decrease the entire weight of the body as well as the chassis of a vehicle by almost 50%. This factor is poised to drive the demand for Metal Powder in the automotive Industry.

The surge in adoption of additive manufacturing within aerospace and healthcare industries leaves a lucrative effect on the market. 3D-Printing Technology or additive manufacturing has gained plenty of traction in the medical industry to make high-quality medical equipment that can perform critical operations in less time. For instance, the U.S. Food and Drug Administration (FDA) recently approved spinal implants that were created from titanium alloys using the 3D-printing technology. Therefore, the boost in the adoption of 3D-printing technology across numerous end-user industries could do wonders for the market in the subsequent years.

Market Segmentation:

The Global Metal Powder Market is segmented based on Type, Production Method, Compaction Technique and End-User Industry.

Depending on the Type, the market is split into non-ferrous, ferrous, and others.

With respect to the Production Method, the Metal Powder Market can be considered for physical method, chemical method, and mechanical method.

Compaction Technique-Wise, the market is bifurcated based on cold compaction technique and hot compaction technique.

The End-User Industries in the market are transportation, electrical and electronics, building and construction, and others.

Regional Insight:

The Worldwide Metal Powder Market is spread across the primary regions of Europe, Asia Pacific, Latin America, Middle East & Africa and North America.

Asia Pacific covers the substantial portion of the market and can expect to expand at the fastest rate during the review period. Rapidly expanding industries as well as urbanization in the region fuels the growth of Metal Powder Market in the developing economies. Furthermore, lucratively increasing electrical and electronic and automobile industry within the region on account of the tax benefits and availability of cheap labor boosts the market as well. The burgeoning population, primarily in India and China has given a boost to the construction and automobile sector, further contributing to the market growth.  India, China, and Japan are the biggest consumers of Metal Powder within the region.

Another dominant region, North America benefits from the high demand for Metal Powder across established end-user industries including building & construction, electronics, and transportation, among others. Presence of prominent construction machinery manufacturers in the region also adds to the market growth. The new construction in the United States (U.S.) has been estimated at USD 1.16 trillion and can grow further very soon due to ongoing investments, particularly in New York City.

Europe market shows remarkable development, chiefly driven by the advanced construction, automobile and electrical & electronics sector. The expansion of the metal fabrication industry combined with the rising infrastructural development could aid in market expansion. In addition, surging research and development (R&D) activities within the automobile sector accelerates the use of Metal Powder backed by the hike in demand for lightweight vehicles.

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Graphene Market Challenges, Key Players, Industry Segments, Development, Opportunities, Forecast Report 2023 Mon, 16 Sep 2019 10:24:36 +0200 http://comunicati.net/comunicati/aziende/internet/597130.html http://comunicati.net/comunicati/aziende/internet/597130.html Market Research Future Market Research Future Overview:

Graphene can be defined as a crystalline allotrope with carbon displaying 2-dimensional properties. The built is more like a densely packed pattern with hexagonal, regular atomic-scale chicken wire. It holds graphite and diamond at its centre. Market Research Future (MRFR) revealed in recently published report that the Global Graphene Market can grow with a robust 43% CAGR during the forecast years (2016-2023). The process would also include surpassing of a valuation of USD 811.4 million by the end of 2023.

The growth of the Graphene Market is depending much on its ingress in various associated industries like pharmaceutical, automotive, aerospace, coatings, energy, chemical, electronics, and others due to which the Global Graphene Market. It would also gain from its participance in nanotechnology.

However, its health hazards and high cost can be major market deterrent. Especially, the 2D model of Graphene poses health issues due to which the Global Graphene Market can slow down a bit.

Competitive Landscape:

MRFR’s profiling of the Major Companies in the Global Graphene Market includes NanoChem (UK), Angstron Materials, Inc. (US), Vorbeck Materials (US), CVD Equipment Corporation (US), XG Sciences, Inc. (the US), Graphenea Inc. (US), Graphene Laboratories, Inc. (the US), Grafoid Inc. (North America), BGT Materials Limited, Ltd (UK), and Haydale Limited (UK). Such a detailed profiling is an attempt to understand global trends that can decipher the market course for the future.

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In August 2019, a research report came out describing the impact of graphene-based textile as a possible mosquito repellant. Researchers at the Brown University revealed that films of reduced graphene oxide (rGO) can be bite-resistant and prevent chemicals from letting mosquitoes detect the presence of skin.

Segmentation:

MRFR’s Study of the Graphene Market has its roots in a segmentation based on Type and End-Users. The detailed report tries to understand the feasibility and viability of various factors that can ensure the market growth.

Based on the Type, the Graphene Market comprises graphene nanoplatelets (GNP), graphene oxide (GO), monolayer & bi-layer graphene, few-layer graphene (FLG), and others (3D graphene foams, pristine graphene). Graphene oxide is easy in application and popular among end-users due to which it can have better market growth in the coming years.

By End-Users, the Graphene Market includes electronics, pharmaceutical, chemical, energy, coatings, aerospace, automotive, and others (composite, catalysts, filtration, adhesives). The energy sector would market high growth as Solar panels, Li-ion batteries are expected to garner better profits.

Regional Analysis:

The Report on the Global Graphene Market, as studied by MRFR, has its arguments based on the inclusion of regions like North America, Asia Pacific (APAC), Europe, Latin America, and Middle East & Africa (MEA). The analysis charts a course that specifically focuses on unravelling various dynamics that can be of great importance. 

North America contributes the most to this Graphene Market’s growth. It would also fetch substantial revenue by growing up with significant CAGR during the forecast period. Rapid industrialization is one big reason contributing substantially in the growth of the market and various end-user industries are providing support to ensure that the growth continues. The electronics and aerospace sectors are making ground-breaking changes in countries like the U.S., Canada, and Mexico. The U.S. is helming the regional market.

Europe’s growth is quite substantial and its growth in the coming years would depend on features that are like that of North America. Its popularity among the end-users is expected to provide traction to the market. The regulatory framework is also pushing the market ahead by assisting it in innovation.

The APAC market is holding the second spot with global industries showing significant affinity for the APAC market when it comes to include the region in their expansion plan. The cost-affordable labor and exports are impacting the global market due to which the regional market is surging. India, China, and Japan are countries expected to contribute substantially in the growth of the regional market.

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Formic Acid Market Challenges, Key Players, Industry Segments, Development, Opportunities, Forecast Report 2027 Wed, 11 Sep 2019 12:44:36 +0200 http://comunicati.net/comunicati/aziende/internet/596470.html http://comunicati.net/comunicati/aziende/internet/596470.html Market Research Future Market Research Future The Global Formic Acid Market is assessed in the new report from Market Research Future (MRFR). The market is given a complete dressing down with the help of reliable data sources and trusted industrial analysis tools. Every aspect of the market is shown in a clear light, including its segmentation, drivers and restraints, and the major economic factors affecting the growth of the market. The comprehensive view of the Global Formic Acid Market provided in the report will help readers formulate clear patterns and strategies for their competitive success in the Global Formic Acid Market. The present and future trends in the Global Formic Acid Market are elucidated upon in the report, giving readers a clear view of the market’s present and future trajectory.

Formic Acid is the simplest carboxylic acid and has the chemical formula HCOOH. This chemical is naturally produced by several species of ants – its name derives from the old Latin name for ants, formica. The ancients utilized methods such as distillation of ant bodies to extract Formic Acid. While we still depend on ants and other related insects for a significant amount of the total Formic Acid produced, commercial production of Formic Acid has also gained speed due to the various applications of Formic Acid.

Formic Acid is often used in animal diets, as it improves the bioavailability of nutrients in the animal diet and thus enhances their diet. Meat quality is enhanced using Formic Acid. The ban on antibiotics in animal feed has resulted in the use of several natural alternatives aimed at maintaining the quality of the produced meat, including formic acid. Formic acid helps keep the feed free from microbial pathogens. The growing animal husbandry industry is thus likely to drive the Global Formic Acid Market over the forecast period.

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The growing global fuel cell industry is also likely to be a major driver for the Global Formic Acid Market. Formic acid is used in fuel cells in order to store hydrogen safely. The growing interest in fuel cells as a viable and cheap energy source is likely to lead increasing research into fuel cells, possibly leading to a significant drive for the Global Formic Acid Market over the forecast period.

Segmental Analysis:

The Global Formic Acid Market is segmented based on Production Method and Application.

By Production Method, the Global Formic Acid Market is segmented into oxalic acid and carbonylation of methanol.

Key Applications in the Global Formic Acid Market include rubber and leather production, finishing textiles, animal feed, dyeing, cleaning agents, preservatives, and others.

Competitive Analysis:

Key players in the Global Formic Acid Market include BASF SE, Gujarat Narmada Valley Fertilizers and Chemicals Limited, LUXI Group Co. Ltd., Perstorp AB, Eastman Chemical Company, Chongqing Chuandong Chemical (Group) Co. Ltd., and Feicheng Acid Chemical.

BASF built North America’s only formic acid plant in 2012 at its “Verbund” site in Louisiana. The plant has a production capacity of more than 50,000 tons annually. The plant allows BASF to serve the strategic markets in North and South America with ease.

Regional Analysis:

The Global Formic Acid Market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

Asia Pacific is likely to be the major regional consumer of formic acid over the forecast period due to the growing demand for rubber tires, agricultural chemicals, and leather and textile products. The textile industry in India is likely to boost majorly in the coming years, leading to a steady growth in the Global Formic Acid Market.

The growing automotive industry in Asia Pacific is also likely to remain a major driver for the Global Formic Acid Market, as it plays a key role in the production of automotive tires.

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Bio-Based Chemicals Market Global Industry Share, Segments & Key Drivers, 2023 Wed, 11 Sep 2019 12:27:41 +0200 http://comunicati.net/comunicati/aziende/internet/596446.html http://comunicati.net/comunicati/aziende/internet/596446.html Market Research Future Market Research Future Market Scope:

The Global Market for Bio-Based Chemicals could achieve a CAGR of 10.47% and touch the valuation of USD 97.2 billion during the forecast period (2016-2023), says Market Research Future (MRFR).

Key Companies:

The key companies within the Worldwide Bio-Based Chemicals Market are AGAE Technologies, LLC (US), Mitsubishi Chemical Corporation (Japan), BASF SE (Germany), DowDuPont (US), Braskem SA (Brazil), Evonik Industries (Germany), Vertec BioSolvents (US), Toray Industries Inc (Japan), TOTAL (France), GFBiochemicals Ltd (UK), BioAmber Inc (US), Archer Daniels Midland Company (US), Itaconix PLC (UK), Royal DSM NV (The Netherlands), Cargill, Incorporated (US), among others.

Recent Developments

July 2019

Kemira has joined a four-year EU sponsored project that is striving to develop completely bio-based chemicals, derived from renewable raw materials.

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Growth Boosters and Top Barriers

Bio-Based Chemicals come from biological origins including plants, feedstock, trees, biological waste, and crops. These chemicals are considered the best alternative to traditional chemicals as they play an essential role when it comes to lessening the dependency on fossil fuels. This leads to significant reduction in carbon emission levels, in addition to maintaining the ecological balance. Among the raw materials, Lignocellulose is the most commonly available and used raw material to produce biofuels.

Stringent policies about the production of synthetic chemicals are expected to favor the market in the long run. Subsidies and incentives implemented by governments to bring down emissions are bound to aid in market growth. This can be exemplified by the Renewable Chemicals Act started in 2017 by the U.S. government. It helps provide a tax credit to the bio-chemical vendors in the country.

Emergence of several bio-refineries does wonders for the Bio-Based Chemicals market as well. With the increasing focus on sustaining a consistent supply chain of raw materials in traditional industries like automotive backed by technological advancements could give rise to a flurry of investment opportunities. Also, the shale gas boom in North America has prompted the demand for bio-based polymers as well as intermediates.

Market Segmentation:

The Global Bio-Based Chemicals Market has been segmented depending on the Type and Application.

With context to the Type, the bio-based chemicals market has been broken down into bioplastics, bio-lubricants, bio-solvents, bio-surfactants, bio-based acids, bio-alcohols, and others. The bio-alcohols segment’s coverage of 41.7% was the largest in the market in 2018. This could be owing to the large-scale adoption of bioethanol in potable as well as industrial applications. The segment was worth USD 24,653.90 million in 2018 and can expect to attain a CAGR of 9.89% in the coming years. The segment is also expected to arrive at the valuation of USD 39,507.9 million by 2023.

Application-Wise, the market caters to agriculture, automotive, personal care, food & beverage, packaging, detergents and cleaners, paints and coating, adhesives and sealants, pharmaceuticals, paint dispersion, and others. Out of these, the food & beverage segment dominated the market with the largest share of 26.2%, value wise. The value accounted to USD 15,494.6 million in 2018 and it is believed that the segment can achieve a CAGR of 8.79% during the evaluation period.

Regional Outlook:

The Worldwide Market for Bio-Based Chemicals is spread across the primary regions of Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.

Europe, with a share of 33.75% in 2018, emerged as the most profitable region owing to numerous strict environmental regulatory policies. The market had touched the valuation of USD 19,950.8 million in 2018 and is slated to achieve a growth rate of 10.85% during the review time frame. Germany held the highest value in the region in 2018 and is on its way to grow at the highest rate of 12.34% over the course of the given period.

In 2018, Asia Pacific was the second-biggest market for Bio-Based Chemicals. The esteemed position of the region could be due to rapid industrial growth as well as favorable regulatory policies in the emerging nations. Asia Pacific is presumed to display the best CAGR of 11.32% during the appraisal period. China turned out to be the most lucrative market in the region in 2018 and can project the highest CAGR of 12.60% in the upcoming years. Following closely, India stood as the second-biggest market in 2018 and is set to exhibit a CAGR of 11.40% in the subsequent time frame.

In 2018, United States was the most remunerative market in North America and can expect to sustain its position during the evaluation period. Canada notes a rise in production of bio-succinic acid, developed by BioAmber Inc. Bio-succinic is considered to be the fastest-growing bio-based platform chemical, which finds use across various end-user applications and also as intermediary chemicals. 

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Textile Coatings Market Global Industry Share, Segments & Key Drivers, 2023 Tue, 10 Sep 2019 11:56:09 +0200 http://comunicati.net/comunicati/aziende/internet/596103.html http://comunicati.net/comunicati/aziende/internet/596103.html Market Research Future Market Research Future Market Synopsis:

Textile Coatings are gaining momentum and witnessing rising applications across major end-use industries. The assessment offered by Market Research Future (MRFR) has revealed that the Global Textile Coatings Market is poised to register a steady CAGR across the projection period 2017 to 2023. These Coatings enable depositing polymeric resin on Textiles. The benefits of the process have paved its way across different industry verticals.

The growth of the Clothing Industry is the major factor responsible for the development of the Textile Coatings Market in the forthcoming years. Increasing disposable income is likely to favor market expansion in the foreseeable future. These coatings are also extensively used in the automotive sector for the manufacturing of upholstery. The growing demand for vehicles is poised to encourage the revenue growth of the Textile Coatings Market in the years to come.

The construction sector has also unleashed developmental opportunities to the market. In addition, the rising demand for Textile Coatings for home furnishings is prognosticated to accelerate revenue generation for the players of the market over the next couple of years. On the flip side, rising environmental concerns, in conjunction with the implementation of stricter regulations, is poised to undermine the expansion of the Textile Coatings Market in the years to come.

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Competitive Dashboard:

The important players studied for presenting a detailed segmental analysis of the Global Textile Coatings Market are Lubrizol Corporation (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.), Clariant AG (Switzerland), Solvay SA (Belgium), Formulated Polymer Products Ltd. (U.K), BASF SE (Germany), Sumitomo Chemical Company (Japan), Omnova Solutions Inc. (U.S.), and Tanatex B.V. (Netherlands).

Industry News:

In May 2019, Covestro AG, Bayer's materials science division, has presented sustainable developments in Insqin technology designed for aqueous Textile Coatings and water-based polyurethane dispersion at Techtextil 2019. These developments are introduced for enabling biodegradable Textile Coatings.

In May 2019, Archroma, a leader in specialty chemicals and sustainable solutions, has announced the launch of a break-through water-based textile coating binder named Appretan® NTR which is based on natural renewable ingredients.

Market Segmentation:

Based on Type of Coating, the Global Textile Coatings Market has been segmented into thermosets, thermoplastics, and others (silicon, fluoropolymers). The thermosets segment can be further sub-segmented into natural rubber, styrene-butadiene rubber (SBR), and others (nitrile rubber, butyl rubber, and others). The thermoplastics segment has been sub-segmented into polyvinyl chloride (PVC), acrylics, polyurethane (PU), polyolefins, and others.

Based on Coating Method, the Textile Coatings Market has been segmented into direct roll coating, direct coating, pad-dry-cure coating, hot melt extrusion coating, foamed & crushed foam coating, calendar coating, and others.

Based on End-User Industry, the Global Textile Coatings Market has been segmented into transportation, clothing, building & construction, healthcare, home furnishing, and others (packaging, agricultural industry, geotextiles).

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Regional Analysis:

For an Exhaustive Geographical Assessment, the Global Textile Coatings Market has been segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa (MEA). Asia Pacific is expected to hold the lion’s share of the market in the years to come. Increasing applications across the burgeoning industry verticals such as automotive, healthcare, construction, etc. is expected to increase the revenue generation of the market participants over the next few years in the region. In addition, the rising purchasing power of the population is also projected to favorably influence the growth pace of the Textile Coatings Market in the years to come.

Europe and North America are significant regional segments and are poised to contribute substantially to the development of the Global Textile Coatings Market over the next couple of years. The increasing demand for PU based Textile Coatings is prognosticated to drive the proliferation of the market in the foreseeable future.

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Industrial Alcohol Market Global Size, Segments, Growth and Trends by Forecast to 2023 Tue, 10 Sep 2019 11:40:07 +0200 http://comunicati.net/comunicati/aziende/internet/596089.html http://comunicati.net/comunicati/aziende/internet/596089.html Market Research Future Market Research Future Market Insight:

Market intensive reports associated with the alcohol sector have been recently made accessible by Market Research Future and asserts that the Global Industrial Alcohol Market is set to stake exponential revenue by 2023 at a higher CAGR. Industrial Alcohol is considered as a distilled ethyl alcohol of high purity and is produced for an array of applications such as biofuel, pharmaceuticals, and personal care. The primary source of its production is through the corn, sugar, molasses, fossil fuels, and others.

Key Market Players:

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

Industry News:

July 10, 2019: Pharmco, a leading international producer of specialty Industrial Alcohols and high purity solvents, stated that it would expand its distribution capabilities in a new 265,000 square foot warehouse into Ocala, Florida. This new warehouse will strengthen Pharmco's unique coast-to-coast distribution capabilities for Industrial Alcohol. It will also put the spotlight on its 12 existing North American warehouses that are interconnected with over 40 international distribution partners.

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Market Segmentation:

The Global Industrial Alcohol Market includes various segments such as Source, Type, and Application.

By Source: into sugar & molasses, corn, grains, fossil fuels, and others are the sub-segments.

By Type: ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, and others are the sub-segments.

By Application: fuel, pharmaceuticals, personal care products, food ingredients, chemical intermediate & solvent, and others are the sub-segments.

Regional Outlook:

Regionally, the Global Industrial Alcohol Market encases prime regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

North America bellwethers the Industrial Alcohol Market with a significant share due to high demands for the product in the automotive and pharmaceuticals sectors. In this region, the U.S. is the largest manufacturer, and consumer of ethanol as its raw material is available on easy notes. Apart from this, the market in the U.S. is driving at the top due to the presence of favourable schemes and projects such as United States Department of Agriculture (USDA) implemented the U.S. ethanol expansion through the agricultural sector.             

Asia Pacific region is also expected to be the fastest increasing market with projecting a higher CAGR due to proliferating demands for Industrial Alcohol from chemical, pharmaceutical, and other industries from countries such as India, China, Japan and many more.

The Europe market claims to be majorly driven by the high demand for Industrial Alcohol mainly from automotive, pharmaceutical industries coupled with stringent government regulations. Whereas, the untapped and expanding market in Latin America and the Middle East & Africa are also probable to experience significant growth over the forecast period.

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Automotive Silicone Market Size, Share, Growth Trend, Leading Players Updates, Future Plans, Business Prospects and Opportunity Assessment 2023 Tue, 10 Sep 2019 11:18:08 +0200 http://comunicati.net/comunicati/aziende/internet/596078.html http://comunicati.net/comunicati/aziende/internet/596078.html Market Research Future Market Research Future Market Overview:

Automotive Silicone is highly used to manufacture automotive with superior properties such as heat resistance, chemical resistance, abrasion resistance, high strength, durability, lightweight, and others.

The Global Automotive Silicone Market is segmented based on its product as elastomers, adhesives, resins, and others. The high strength and ease of application of the elastomers are extensively used in making plug boots, connector seals, airbags, gaskets, hoses, wiper blades, and others. The adhesives are the second largest segment owing to their use as fillers in automotive paints. They increase the viscosity of the blend and makes it easier to apply the paint, which is likely to drive the market growth over the forecast period. The interior & exterior parts are leading in the application segment as they are responsible for increased fuel consumption. Silicones contribute to weight reduction and lower emissions thus protecting the environment and human health which is likely to augment the market growth in coming years. Furthermore, silicones are also used for tire manufacturing and optimize productivity and efficiency, lower the total cost of operations, increase production capacities with minimum capital expenditures and ensure clean and safe processing.

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Competitive Analysis:

Some of the manufacturers operating in the Global Automotive Silicone Market are Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Momentive (U.S.), Elkem Silicone (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), Rogers Corporation (U.S.), Nusil (U.S.), Bostik (U.S.), Evonik Industries AG (Germany), KCC Corporation (South Korea), ACC Silicones Ltd (U.K), CSL Silicone Inc. (Canada), Kaneka Corporation (Japan), and others.

Market Segmentation:

The Global Automotive Silicone Market is segmented based on the Product, Application and Region.

Based on the Product, the Global Automotive Silicone Market is segmented into elastomers, adhesives & sealants, resins, and others.

The Global Automotive Silicone Market is segmented Based on the Application into interior & exterior, electrical system, engine & drive train system, suspension system, and others.

Regional Analysis:

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

The high production and sales of automotive in Asia Pacific is the major driver of the Global Automotive Silicone Market.

North America is the second largest region in the global market on the backdrop of the growing automotive sector and demand for high-efficiency vehicle in the U.S. and Canada.

The European market is anticipated to witness a considerable growth on account of the manufacturing and sales of automotive parts.

The Latin American regional market is majorly driven by the increased production and sales of automotive in Brazil.

Lastly, the Middle East & Africa is expected to grow at a significant CAGR due to the expanding yet untapped market regions.

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Polyurethane Elastomers Market Global Size, Segments, Growth and Trends by Forecast to 2025 Mon, 09 Sep 2019 13:36:07 +0200 http://comunicati.net/comunicati/aziende/internet/595853.html http://comunicati.net/comunicati/aziende/internet/595853.html Market Research Future Market Research Future Industry Overview:

The Global Polyurethane Elastomers Market demand is anticipated to grow at a CAGR close to 5% from 2017 to 2023 (forecast period), according to a new report by Market Research Future (MRFR). Polyurethane (PU) elastomers are plastics with the capability of handling solvents, abrasions, and high loads. Benefits of using PU elastomers are elasticity, clarity, high impact resistance, and durability.

Drivers and Restraints:

Advantages of PU Elastomers is anticipated to induce demand from its various end-users. Rise of infrastructural projects globally is anticipated to propel demand for rigid foams, which in turn can drive the Polyurethane Elastomers Market. Demand for products with a long shelf life and superior performance by consumers can influence market volume over the forecast period. Renewable Elastomers and volatile prices of raw materials are factors which can pose a challenge to market growth.

Industry News:

Digital technologies are being integrated to alleviate pressure in the production line. For instance, Covestro AG uses software to determine the success of varied formulas. It has created software for its clients to gauge processing conditions according to changing weather conditions.

UW Elast, a German firm, relies on computer-aided design (CAD) to streamline the entire production process. Various tests are designed to test elasticity, hardness, and resistance properties.

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Competition Outlook:

Reputed market players include The Dow Chemical Company, Covestro AG, The 3M Company, BSW GmbH, and BASF SE. Brand engagement, product development, and mergers and acquisitions are strategies being implemented by these players to increase their market share.

Segmentation Analysis:

The Polyurethane Elastomers Market is segmented by Type, End-Use and Region.

By Type, PU elastomers are segmented into thermosetting elastomer (TSE) and thermoplastic elastomer (TPE). The TSE segment is touted to generate higher revenue than its counterpart due to its higher resistance and load-bearing capacity. Demand for lighter components derived from sustainable materials is anticipated to bode well for the segment.

End-Use sectors in the market include electrical & electronics, building & construction, footwear making, automotive, and others. The footwear making application segment is expected to induce demand due to a large consumer base. In addition, comfortable shoes produced in an ergonomic fashion coupled with its various designs is ensured to bode well for the PU Elastomers Market.

The automotive sector can also contribute to overall market demand due to high use of elastomers in the production of suspension bushings, wheels, and other automotive parts. Stringent policies and regulations are anticipated to bode well for the market as PU acts as a replacement for metal. For instance, the Dow Chemical Company produces PU elastomers devoid of mercury for automotive applications.

Regional Analysis:

Geographically, the polyurethane elastomers market report spans across five regions, namely Europe, North America, Latin America, Middle East & Africa (MEA), and Asia Pacific (APAC).

The APAC market is anticipated to grow at a rapid pace over the forecast period owing to being a major hub of synthetic rubber. Various infrastructural projects and revival of the domestic footwear sector are factors which can create opportunities for the market. The booming automotive sector is also expected to play a major role in the market in the coming years. China and India are expected to contribute to regional revenues owing to growing industries within these nations. Large population, huge economic growth rate, and low manufacturing costs make these countries suitable for expansion.

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North America is the second largest market after APAC due to various reconstruction projects in the region. High disposable income levels of consumers and living standards are factors expected to present lucrative opportunities for the market in the coming years.

Europe controls a substantial share of the Polyurethane Elastomers Market due to demand for material for car interiors. Presence of reputed automobile manufacturers and furniture producers are anticipated to fuel market demand in the coming years. The MEA and LATAM markets are anticipated to experience steady demand during the forecast period.

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Polyimide Film Market Size, Share, Growth Trend, Leading Players Updates, Future Plans, Business Prospects and Opportunity Assessment 2023 Mon, 09 Sep 2019 13:22:02 +0200 http://comunicati.net/comunicati/aziende/internet/595846.html http://comunicati.net/comunicati/aziende/internet/595846.html Market Research Future Market Research Future Advances in Foldable Technology to Expand the Application Base of Polyimide Film

Global Polyimide Film demand is on the rise. Market Research Future (MRFR) in its report has revealed that the Global Polyimide Film Market will witness a strong growth over the next couple of years. Polyimide film being a flexible and lightweight material finds widespread application in the electronics sector for manufacturing of cables, digital semiconductors, chips, wires etc. In the forthcoming years, Polyimide Film is expected to find new application opportunities. Polyimide film has high tensile strength, and chemical and heat stability. 

Competitive Landscape:

MRFR in its market study found a number of companies with significant stakes in the Global Polyimide Film Market namely TORAY INDUSTRIES, INC. (Japan), Kaneka Corporation (Japan), Taimide Tech Inc. (Taiwan), Shinmax Technology Ltd. (Taiwan), E. I. du Pont de Nemours and Company (U.S.), Saint-Gobain SA (France), SKC Kolon PI (South Korea), FLEXcon Company Inc. (U.S.), Ube Industries LTD (Japan) and Arakawa Chemicals Industries Inc. (Japan).

Industry News:

Chemical giant DuPont is reportedly set to splash $220 Mn to expand production capacity in its specialty films manufacturing facility in Circleville, Ohio. This move is expected to boost the production of Pyralux-brand flexible circuit materials and Kapton-brand polyimide film. The move has been prompted by the growing market demand in telecom and defence consumer electronics, and automotive.

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SK Innovation, a South Korean refining and chemical company has recently introduced a new flexible film “Flexible Cover Window”, which cater to foldable devices. The film has been specifically developed to protect displays and viewed as an important component of foldable devices.

Global Polyimide Film Market: Segmental Overview

The Segmental Analysis of the market has been conducted based on End-Use Industry, Application and Region.

Based on End-User Industry, the market has been segmented into aerospace, labelling, mining & drilling, electronics, medical, automotive and others. The electrical & electronic segmented is projected to demonstrate a relatively higher CAGR during the assessment period (2017-2023). High penetration of laptops, electronics displays, mobile phones in both advanced countries and price-sensitive consumer markets characterises the segment dominant position. In addition, the segment is expected to highly profitable during the assessment period.

Based on Application, the market has been segmented into specialty fabricated product, wire & cable, flexible printed circuit (FPC), pressure sensitive tape, motor & generator and others. Of these, the flexible printed circuit (FPC) segment is expected to witness a strong growth during the assessment period. Constant advances in foldable technology is fuelling the demand flexible printing circuit. FPC are witnessing a fast uptake in product such as mobile phones, scanners, recorders, laptops, avionics systems, printers, jet cartridges among others. In terms of revenue, the wire and cable segment hold the second spot and is expected to witness sound growth in the forthcoming years.

Global Polyimide Film Market: Regional Segmentation

Based on Region, the market has been segmented into Latin America, North America, the Middle East & Africa (MEA), Europe and Asia Pacific (APAC). In terms of revenue, the Global Polyimide Film Market is currently dominated by Asia Pacific. Countries such as Japan, China and India are expected to market significant contribution to the APAC Polyimide Film Market. Strong government support and favourable business climate is helping the market climb fast in APAC. North America is the other major market for Polyimide Films. A massive end-use sector continues to fuel the demand for Polyimide Film in the region. Moreover, the product gaining popularity in the U.S. military and defence sector. Europe is also expected to present attractive market opportunities during the forthcoming years. In Europe, market demand is expected to come from healthcare, automobile and electrical & electronics.

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Epoxy Resin Market Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023 Mon, 09 Sep 2019 12:48:45 +0200 http://comunicati.net/comunicati/aziende/internet/595827.html http://comunicati.net/comunicati/aziende/internet/595827.html Market Research Future Market Research Future Global Epoxy Resin Market Insights:

Epoxy Resins, or Polyepoxides have proven to be far more efficient than other resin types. Displaying a range of mechanical properties Epoxy offers a good resistance to water & Chemicals alike, high adhesive strength and a high electrical insulation. Additionally, it can absorb both mechanical and thermal stresses therefore offering stiffness, toughness and heat resistant properties along with the environmental degradation resistance.

Today, Epoxies cover a vast area of application across automotive, aircraft manufacturing and marine industries. Fiber Epoxy composites are used in aircraft engine to enhance the performance of the system. Fiber glass resin composites are now used across transport systems. Other key application areas include construction and electronics sectors. Attributing to its vast uptake in these industries; Epoxy is increasingly garnering the market traction.

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Accrediting prominence the market is gaining currently demonstrating the growth prospect; Market Research Future has recently published a study report giving out market insights up to 2023. According to the report, the Global Epoxy Resin Market is estimated to accrue USD 10,620.5 million by 2023 posting a CAGR of 5.24% during the estimated period 2017-2023.

Factors that predominantly drive the Epoxy Resins market growth include augmenting demand from the burgeoning industries like Building & Construction, Automotive & Transport, and Electricals & Electronics. Rising trends of automotive industry such as lower emission, light vehicles and fuel efficiency are escalating the market to the ascended heights. The market is significantly influenced by the burgeoning healthcare, pharmaceutical and Personal Care product industry Moreover, the rising number of vehicles in APAC region particularly in China, India and Indonesia is also one of the major growth drivers.

Worldwide Epoxy Resin Market - Competitive Analysis

Epoxy Resin market appears to be highly competitive and fragmented. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players.

Industry/Innovation/ Related News:

January 5, 2018 - Nordson ASYMTEK (USA) a global leader in dispensing, jetting, and coating equipment and technologies, announced acquisition of Infiniti Dosing o.m.s (Germany) a leading manufacturer of highly viscous and abrasive fluids including epoxy resins, potting compounds etc.

January 10, 2018 – Techsil (UK), a global distributor of industrial adhesives, sealants, tapes and dispensing equipment introduced a new medical grade potting epoxy (epoxy-based adhesive) Structalit 8801 - the biocompatible adhesive was specially designed for bonding temperature-sensitive substrates as it cures quickly at low temperatures.

January 15, 2018 – Hexcel Corporation (US) – a global manufacturer of advanced composite materials for skis, snowboards and other high-performance winter sports equipment announced that it will be showcasing the latest innovation - HexPly M78.1 (addition to its HexPly prepreg range) at the ISPO (Munich - 28-31 January 2018). HexPly M78.1 helps ski manufacturers to reduce production cycle times featuring a fast-curing epoxy resin matrix and is available with carbon, glass or aramid fibre reinforcements. It cures in just seven minutes at 120°C, yet it has a long storage out life of two weeks at room temperature, meaning there is often no need for freezer storage, saving time and energy.

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Worldwide Epoxy Resin Market - Segments

For the convenience of the report and enhanced understanding the analysis is segmented in to 4 key dynamics:

By Types: Comprises Glycidyl Epoxy and Non-Glycidyl Epoxy.

By Technology: Liquid Epoxy, Waterborne Epoxy, Solvent Cut Epoxy, and other.

By Applications: Building & Construction, Automotive & Transportation, Electrical & Electronics, Adhesives & Sealants, Marine, and other.

By Regions: North America, Europe, APAC and Rest of the World.

Worldwide Epoxy Resin Market - Regional Analysis

Asia Pacific dominates the global market of Epoxy Resin owing to the augmenting demand from construction sector and the manufacture of consumer goods and expanding production capacity in this region. The region is estimated to grow at considerable CAGR throughout the review period.

North America is the second largest market of Epoxy Resins owing to the major contribution from the US owing to the greater penetration of end user industries in the country.

Europe is another substantial region in the Global Epoxy Resin Market accounting for a 9.28% share of the market in 2016.

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Polyurethane Additives Market Size, Share, Growth Trend, Leading Players Updates, Future Plans, Business Prospects and Opportunity Assessment 2025 Fri, 06 Sep 2019 13:25:46 +0200 http://comunicati.net/comunicati/aziende/internet/595434.html http://comunicati.net/comunicati/aziende/internet/595434.html Market Research Future Market Research Future Polyurethane is a polymer composed of organic units joined by urethane link. Polyurethanes are made from the exothermic reactions between alcohols with two or more reactive hydroxyl groups per molecule and isocyanate that have more than one reactive isocyanate per molecule. Polyurethane Additives are the minor components, which are added to modify some of its properties in order to serve the desired purpose. They are majorly used to enhance properties of the material to make it suitable for a specific application. The operation includes lowering the glass transition temperature to make the product softer, fillers to increase density and make polymer cheaper, oil components to improve rheology of and flame retardants to enhance thermal stability of a polymer. The Polyurethane Additives confer some important properties to the parent material such as low density, flexibility, durability, greater weather ability, and resistance to heat, light, and impact. The types of Polyurethane Additive can be summed up as antioxidants, catalysts, emulsifier, stabilizers, fillers, and flame retardants, among the others.

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The focus of consumers is changing from sedentary to a healthier lifestyle, not only when it comes to eating healthy but also using healthy non-consumable products. One of the major factors driving the growth of the Global Polyurethane Additives Market is enhanced usage of biodegradable and highly recyclable packaging. This is expected to fuel the demand for polyurethane additives, which helps to address environmental concerns. In addition to this, the major factors favoring the growth of the market include rapid urbanization, which is boosting the building & construction activities and rising demand for polyurethane from the furniture and footwear industry. Moreover, steadily increasing demand for automotive and rapid growth of transportation sector are anticipated to fuel demand for the product during the review period. However, the major bottlenecks identified in the market include, the volatility in prices of raw materials, which are primarily derived from the crude oil and stringent regulatory measures undertaken by some mature economies to phase out the use of harmful chemical products. Nevertheless, ongoing research in the field of green chemistry and development of an alternative product would help to find the way through this bottleneck in coming years.

Key Players:

Some of the prominent players operating in the Global Polyurethane Additive Market are Evonik Industries AG. (Germany), Covestro AG (Germany), BASF SE (Germany), Tosoh Corporation (Japan), Huntsman International LLC (U.S.), Kao Corporation (Japan), The Dow Chemical Company (U.S.), Air Products and Chemicals, Inc. (U.S.),Suzhou Xiangyuan Special Fine Chemical Co., Ltd (China), and Momentive (U.S.), among others.

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Segmentation:

The Global Polyurethane Additive Market is segmented based on type, application, end use industry, and region.

Based on the Type, the market is divided into antioxidants, catalysts, emulsifier, stabilizers, fillers, flame retardants, and others.

On the basis, the Application, the Global Polyurethane Additive Market is categorized into flexible foam, rigid foam, coating, adhesives & sealants, and others.

Based on the End Use Industry, the market is classified into building & construction, automotive, furniture making, packaging, footwear, and others.

Geographically, the Global Polyurethane Additive Market is divided into five key regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Regional Analysis:

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are the major regions in Polyurethane Additives Market. Asia Pacific is projected to dominate the Global Polyurethane Additives Market with over 45% share of the market, as of 2016. The increasing demand for Polyurethane Additives in the region is driven by growing construction activities undertaken by both government and private players. The developing countries such as China, India, and Japan are investing heavily in infrastructural activities, which is likely to fuel the demand for the rigid foam, in turn, Polyurethane Additives. Furthermore, increasing demand from the automotive and transportation sector in this region is projected to propel the Polyurethane Additive Market. Europe tends to occupy a significant share of the Global Polyurethane Additive Market owing to the surging demand for the polyurethane-based products from established automotive and aerospace industry in this region. Moreover, the demand for household and electrical insulation to increase energy efficiency mingled with regulatory norms can drive the regional market. In terms of market size, the North America occupies comparatively smaller pie of share, among the three major regions, in the Global Polyurethane Additives Market. Yet, there is a rising demand for the products in the automotive interior, insulation, and furniture industry. The Middle East & Africa is a rapidly growing region in the Global Polyurethane Additive Market. The regional market for Polyurethane Additives has been driven by its demand for household insulation and growing infrastructure activities. Lastly, the lifestyle of people and economic scenario in Latin American countries namely Brazil, and Argentina is witnessing a positive change. Additionally, growing demand for the Polyurethane Additives for manufacturing foams from the construction and automotive industry is projected to drive the growth of the regional market.

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Industrial Catalysts Market Size Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2023 Fri, 06 Sep 2019 12:44:03 +0200 http://comunicati.net/comunicati/aziende/internet/595420.html http://comunicati.net/comunicati/aziende/internet/595420.html Market Research Future Market Research Future Segmentation:

The Global Industrial Catalysts Market is categorized based on Type, Application and Region.

Based on Type, the market is bifurcated into homogeneous and heterogeneous.

Based on Substance, the Industrial Catalysts Market is categorized into metallic, chemical, zeolite, organometallic, and others.

Based on the Application, the market is segmented into petroleum refining, chemical manufacturing, environmental, food processing and others.

Based on the Region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

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Key Players:

Some of the prominent players operating in the Global Industrial Catalysts Market are BASF SE (Germany), Bayer AG (Germany), The Dow Chemical Company (U.S.), Akzo Nobel N.V. (the Netherlands), Clariant (Switzerland), Chevron Phillips Chemical Company LLC (U.S.), Exxon Mobil Corporation (U.S.), Haldor Topsøe A/S (Denmark), INEOS (U.K), and Honeywell International Inc. (U.S.), among others.

Regional Analysis:

The Global Industrial Catalysts Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Middle East & Africa is predicted to grow at the higher CAGR during the review period on account of expanding oil & gas industry. The demand for Industrial Catalysts is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high adoption rate by the crude oil producers. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to propel the growth of the market.

North American Industrial Catalysts Market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In the North American region, the U.S. is predicted to be the major contributor to the regional growth of the Industrial Catalysts Market and is expected to see a significant demand for Industrial Catalysts during the forecast period. As of 2016, the U.S. accounted for one of the largest markets and is estimated to grow at a moderate CAGR due to growth in the production of crude oil. In Europe, the demand for Industrial Catalysts is predicted to grow in various countries such as Italy, Germany, Spain, the U.K, France, and Russia on account of increased expenditure in innovation and growing purchasing power of consumers. Moreover, the presence of major basic chemical manufacturers specifically in Germany is expected to give momentum to the market growth. Among Latin American countries, GDP shrank again in the wake of the various crises, especially, due to the strong recession in major countries such as Brazil. Investments are being postponed and foreign direct investments are backing out is directly influencing the investment on industrial catalysts. The Asia Pacific Industrial Catalysts Market is predicted to grow at a moderate CAGR due to developing crude oil processing and expanding petroleum refineries in India and China. Moreover, continuous growth of basic chemicals industries in various economies of the Asia Pacific such as China, India, Malaysia, Thailand and Japan is expected to experience a higher demand for synthetic lubricants, which, in turn, is predicted to fuel the demand for industrial catalysts over the forecast period, 2017-2023.

Synopsis of Industrial Catalysts Market:

Industrial Catalysts are substances that speed up reactions by providing an alternative pathway for the breaking and making of bonds. They are used to improve the industrial chemical process yield. For instance, with the use of a catalyst is possible to lower the temperature and the pressure at which the process operates and thus save the required fuel. Furthermore, it is possible to reduce the number of reactants that are wasted forming unwanted by-products. Industrial Catalysts have major applications in the oil & gas industry.

As per our analysis, some of the prominent market factors and trends identified in the Global Industrial Catalysts Market include rapid industrialization, rising demand for chemicals, and increasing expenditure on research activities. Moreover, demand for industrial catalysts is predicted to witness a significant growth over the assessment period due to surging oil & gas industry. Rising crude oil production across the globe is anticipated to be an important driver for industrial catalysts market during the review period owing to the rising need for sulfur treated petroleum end products resulting into increasing demand for oil & gas industries.

Increasing demand for basic chemicals & commodity chemicals to polymers & specialty chemicals is estimated to fuel the growth of the market. Furthermore, rapid industrialization coupled with increasing gross domestic product (GDP) in emerging economies is predicted to propel the growth of the market during the assessment period, 2017-2023. On the other hand, the negative impact of petrol refining process is that leave volatile organic compounds (VOCs) into the environment. In future, new laws and policies and coupled with increasing concern for the clean environment may hamper the growth of petrol refineries.    

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