Covid – 19 Analysis on Silicone Coating Market | Size, Upcoming Trends Opportunities, Up-to-date Development Data and Global Research Insight 2020-2023

 

Market Overview:

Rising utilization of coatings across the end-use industries, including defense, industrial, automotive, and building & construction, are augmenting growth of the global silicone coating market. Silicones are synthetic polymeric compounds made from siloxanes. Advancements in the silicone-based coatings make the compound be used in several forms, including oils, resins rubbers, coatings, and others. The effectiveness of the silicone-based technologies has boosted its demand across several applications and is estimated to fuel market growth. The global silicone coating market is estimated to expand by exhibiting a CAGR of 6.6% during the forecast period.

Higher use of silicone coating in these industries helps to result in time reduction while converting raw materials in end products. The use of silicone coating improves the life of the products by saving them from harsh weather and the environment. Thus, the coating material has a robust application across consumer electronics and automotive for packaging. Additionally, the use of silicone coated textiles across the automotive industry is fueling growth of the global silicone coating market.

However, the complex process of coating it over the counterparts of automotive and its high costs, which is hindering growth of the global silicone coating market. Nonetheless, the growing focus of key players on new product launches and production expansion. The players are entering into partnerships and collaborations, which are estimated to offer opportunities for growth in the coming years. For instance, the players are developing newer high-performance products; KIKUSUI announced a collaboration with BASF SE for the development of products in construction applications.

The rising application of the products based on silicone coating is augmenting its demand and is likely to fuel the market growth. Further, expanding construction industry boosts the global demand for the silicone-based roofing material, which benefits the growth of the silicone coating market. 

Industry News:

The silicone-based roof coating is designed to resist against weather and offer long lasting protection from water and humidity. Thanks to its efficiency, the demand for silicone-based roof coating is growing substantially; thus, the players are trying to enter into the market by introducing newer products. For instance, in April 2019, Duro-Last, Inc. has expanded its Duro-Shield Roof Coatings solutions by launching Duro-Shield Silicone Roof Coating and materials.

Competitive Analysis:

·        BASF SE

·        Evonik Industries AG

·        Momentive

·        Dampney Company

·        Dow

·        CHT UK Bridgwater Ltd

·        Wacker Chemie AG

·        THE GRIFF NETWORK

·        American WeatherStar

·        Karnak

·        KM COATINGS

·        Henry Company

·        Shin-Etsu Chemical Co., Ltd.

Segmentation:

The Silicone Coating Market is segmented on type, technology, end user industry, and region.

By the end user industry, the market is categorized into construction, electronics, automotive, consumer goods, textile, marine, and others.

By technology, the silicone coating market is segmented into solvent-based, water-based, solvent-less, and powder-based.

By type, the silicone coating market is segmented into silicone additives, 100% silicone, silicone polymers, and silicone water repellents.

Regional Analysis:

Regionally, the market is segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Of these, North America dominated the global silicone coating market in 2018 owing to huge demand from the well-established end user industries including electronics, construction, automotive, and medical devices manufacturing. Europe region is estimated to account for a significant share in the coming years owing to continuously expanding the automotive industry in the region.

However, the Asia Pacific region is estimated to witness growth with the most lucrative CAGR owing to huge investment in the consumer electronics sector in China and India. Rising acceptance of silicone coating in textile industries coupled with increasing penetration of consumer goods. Additionally, increasing disposable income and spending on electronics products are likely to create the most lucrative opportunities for growth of the market in the region. Further, investment in the Indian electronics market surged by 29% in 2018 for manufacturing and infrastructural development. This infrastructural development in China and India is driving growth of the global silicone coating market in the region.

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Polyurethane Additives Market | Size, Share, Trends, Industry Size, Opportunities and Demand with Competitive Landscape, Covid – 19 Impact and Forecast to 2023

 Market Overview:

Polymer Additives are the minor components, which are added to the polymer to modify some of its properties. They are majorly used to enhance properties of the polymer to make it suitable for the desired application. Usually, an additive is selected on the basis of types of polymer additive and application. This leads to developing value added product with improved durability and other desired properties. The Polyurethane Additives are summed up in the major types namely antioxidants, catalysts, emulsifier, stabilizers, fillers, flame retardants, and others.

It is majorly used in the manufacturing of foam, which is utilized by diverse industries namely furniture, construction, automotive & transportation, electronics & electrical, etc. The Global Polyurethane Market is estimated to reach around 2 million tons of annual production with an approximate CAGR of 6%. The developing countries are focusing on infrastructure projects, which drives the growth of building & construction activities. This trend is expected to boost the demand for rigid foams. Furthermore, the automotive and transportation sector is projected to keep its growth trajectory intact to drive the demand for flexible as well rigid foams.

Competitive Analysis:

• Cavestro AG
• BASF SE
• The Dow Chemicals Company
• Huntsman International LLC
• Kao Corporation
• Tosoh Corporation
• Polychemie Asia Pacific Permai
• Suzhou Xiangyuan Special Fine Chemical Co.,Ltd.
• Evonik Industries AG
• Gulbrasnson Chemical Pvt. Ltd.

Market Segmentation:

The Global Polyurethane Additive Market is broadly segmented on the basis of product type, application, end use industry, and region. Based on the type, the market is categorized into antioxidants, catalysts, emulsifier, stabilizers, fillers, flame retardants, and others. Wherein, the antioxidant and catalysts segment are dominating the market due to the growing demand for production of flexible as well as rigid foams. As of 2016, both the segments are projected to hold over 40% share of the market. This trend is estimated to continue over the forecast period on account of increasing demand from end users such as construction and automotive industry.

By the Application, the Polyurethane Additive Market is classified into flexible foam, rigid foam, coating, adhesives & sealants, and others. Wherein, the flexible foam dominated the demand with 31% market share as of 2016. During the forecast period, demand for Polyurethane Additive in flexible foam is estimated to increase even more. At present, rigid foams are majorly used in diverse industries including building & construction, automotive & transportation, electrical & electronics, insulation and some proportion in plastics. Wherein, building & construction dominates the demand for rigid foams.

On the basis of the End Use Industries, the Global Polyurethane Additive Market is segmented into building & construction, automotive, furniture making, packaging, footwear, and others. Growing trend can be seen in the industries namely building & construction, automotive, along with the significant demand for furniture making and footwear industry, etc. Thus, the growth in these industries is anticipated to reflect in the Polyurethane Additive Market during the forecast period.

Regional Analysis:

There are five major regions in which the Global Polyurethane Additive Market is spanned across: Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. Asia Pacific is set to dominate the market. It held over 45% share of the market, as of 2016. The region is anticipated to remain dominant in both production and demand of Polyurethane Additives. Growing construction activity in this region is driving the market growth. Apart from this, increasing demand for rigid foams from the automotive & transportation industry is expected to boost the demand further in the coming years. Europe is followed by Asia Pacific in terms of market share due to increasing demand for flexible and rigid foams by automotive along with household insulation. North America is holding relatively less share of the Global Polyurethane Additive Market. Yet, there is a surge in demand for flexible foams in automotive interiors, insulation, and furniture making industries in this region. The Middle East & Africa is a swiftly growing market where the growth is driven by demand for rigid foams for insulation. Latin America is anticipated to witness a rise in the regional market due to the pacifying political and reviving economic situation.

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Polycarbonate Composites Market | Trend Analysis, Growth Status, Revenue, Covid – 19 Impact and Forecast to 2023

 

Market Summary

The Global Polycarbonate Composite Market is expected to register a CAGR of 5.8% and reach around USD 3.5 Billion during the forecast period. Polycarbonate composite is produced from bisphenol A and carbonyl chloride. It is majorly used as an alternative to polyvinyl chloride in the medical, electronic, and automotive industries due to its high flexibility, high impact resistance, stiffness, and strength.

Competitive Analysis 

·        The Bond Laminates GmbH

·        Chi Mei Corporation

·        SABIC

·        Asahi Kasei Advance Corporation

·        LG Chem

·        Formosa Chemicals & Fibre Corporation

·        Trinseo

·        Mitsubishi Chemical Corporation

·        Teijin Limited

·        Samyang Corporation

·        Nudec

·        Covestro

Segment Analysis

Based on applications, the global market has been segmented into automotive plastic, medical instruments, electrical engineering, consumer electronics, and others.

The automotive plastic segment is the fastest growing segment due to the shift in trend towards lightweight vehicles. Electrical engineering is expected to grow with healthy CAGR owing to consumers inclination towards smart devices and home appliance. Moreover, polycarbonate composite is used in the manufacturing of medical equipment and devices such as drug delivery, cardiovascular, respiratory devices, and surgical instrument. Its properties such as eco-friendly processing, recyclability, toughness, high impact strength, chemical resistance, heat resistance, and light weight make it ideal for application in medical devices and equipment. For instance, in October 2018, Covestro AG announced to expand its polycarbonate business by ramping up the production in China. The company has decided to increase the total capacity of the China-based plant by 150 kilotons per annum to meet the demand in the medical, automotive, and electrical & electronic industries.

Regional Analysis

The Polycarbonate Composite Market, by region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific market is estimated to register healthy CAGR owing to increasing production of electronics in India, Indonesia, and Malaysia. For instance, the Electronic Industries Association of India has reported that Indian consumer electronic application production was worth USD 7,836 million in 2016, which has increased to USD 9,090 million in 2017. Thus, the shift in consumers lifestyle towards smart lives has surged the demand for convenience electronic goods, which is positively influencing the polycarbonate composite market.

The North American market is estimated to witness a substantial growth due to the growing use of polycarbonate composite in the medical industry. The Middle East & African and Latin American markets are expected to register health CAGRs owing to the high demand for polycarbonate composites in countries such as Mexico, Brazil, and GCC due to increase in automobile production.

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Platinum and Palladium Carbon Catalyst Market 2020 Current Industry Trends, Sales, Production, Supply, Demand, Covid – 19 Impact and Forecast to 2023

 Market Summary

The global market for platinum- and palladium-carbon catalyst is expected to register a CAGR of 4.0% to reach a value of USD 540 Million by 2024. The global platinum- and palladium-carbon catalyst market is expected to witness healthy growth during the forecast period on the account of rapid industrialization, rising demand for chemicals, increasing expenditure on research activities, and demand in the automotive industry. Platinum on carbon and palladium on carbon are used for catalytic hydrogenations in organic synthesis.

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Segment Analysis

Based on metal, the global platinum- and palladium-carbon catalyst market has been segmented into platinum-carbon catalyst and palladium-carbon catalyst. The platinum-carbon catalyst segment accounted for the largest share of the global market in 2018. The segment is expected to witness healthy growth during the forecast period, owing to the high demand in the automotive and chemical industries, due to its relatively low cost. The increasing R&D investment in the platinum catalyst and palladium catalyst to reduce the precious metal content in the catalyst while enhancing the performance and reducing the operating cost is driving the market growth. Most of the liquid phase batch hydrogenations are performed with 5% palladium on carbon paste. While 50% platinum on carbon paste is generally used for polymer electrolyte fuel cell (PEMFC), microbial fuel cell (MFC), direct methanol fuel cell (DMFC), and phosphoric acid fuel cell (PAFC) applications.

By end-use industry, the global platinum- and palladium-carbon catalyst market has been divided into automotive, chemical, aerospace, pharmaceutical, and others. The chemical segment accounted for the largest share of the global platinum- and palladium-carbon catalyst market, followed by the automotive segment. The demand in the automotive industry is expected to increase significantly, owing to increasing efforts made by automakers to reduce the emission and carbon footprint due to increasing environmental concerns and stringent emission regulations.

Competitive Analysis

• Evonik Industries AG
• Johnson Matthey
• Clariant AG
• Vineeth Precious Catalysts Pvt. Ltd
• BASF AG
• Sabin Metal Corporation
• American Elements
• Chimet S.p.A.
• FUJIFILM Wako Pure Chemical Corporation
• KaiDa Chemicals
• Alfa Aesar
• Heraeus Group
• Shaanxi Kaida Chemical Engineering Co., Ltd
• Umicore N.V.
• Shanxi Kaida Chemical

Regional Analysis

The Platinum- And Palladium-Carbon Catalyst Industry, by region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific led by India, China, and Japan is expected to dominate the global platinum- and palladium-carbon catalyst market through the forecast period. Backed by the expanding automotive and chemical industries, the demand for platinum- and palladium-carbon catalyst is expected to increase significantly during the forecast period. Europe was the second-largest market for platinum- and palladium-carbon catalyst in 2018 and is expected to showcase moderate growth during the forecast period owing to increasing automotive production led by Germany, France, the UK, Italy, and Russia. The North American market is expected to be another prominent market for platinum- and palladium-carbon catalyst owing to the increasing demand in the chemical, petrochemical, and automotive industries. The Middle East & Africa is expected to witness moderate growth backed by increasing investments in chemical and petrochemical industries, particularly in the Middle East. The market in Latin America is expected to exhibit significant growth during the forecast period due to expanding end-use industries, such as automotive, aerospace, and electrical & electronics in the region.

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Covid – 19 Analysis on Green Coating Market | Type, Application, Key Companies and Regional Forecast 2019-2022

 Green Coating Market forecast to 2022:

Market Research Future (MRFR) asserts that the global green coating market is predicted to register 5% CAGR during the forecast period (2014-2022). The growth of the end-use industries is highly favoring the market growth across the globe. A coating is referred to as a layer of substance which is spread over a surface for decoration or protection. Green coatings are also termed as eco-friendly paint coating which com

prises low volatile organic compound content. They are environmentally accommodating coatings and emit almost zero VOC during the manufacturing process. Green coating does not require solvents and is used individually in a number of industries.

Competitive Dashboard

• Valspar Corporation
• Momentive
• DSM
• Omnova Solutions
• Axalta Coating System
• Sherwin-Williams Company
• PPG Industries
• Allnex S.a.r.l.
• Bayer Material Science
• Arkema Inc

Industry Updates

Dow has recently won six prestigious 2018 R&D award from the R&D magazine. AQUACHILL Cool Coating technology is one of them. It is a ComfortScience-enabled, water-based phase change material coating specified for cooling applications and bedding materials that maximize sustained and initial cooling, besides offering optimal durability, breathability, minimal odor, and in-class adhesion.

Market Potential and Pitfalls

Biomaterial-associated infections continue to be a major problem despite several advances. To reduce the bacterial adhesion, material surface modifications are being invested. As advanced research and technology have helped with the development of healthier and better paint, coating companies are likely to transform into environment-friendly ingredients as the primary component of their coating material in order to improve the health of their employees and consumers. Professionals in the painting sector are going green and are keeping up their interest in green coatings. The coating industry is experiencing a growth in the usage of eco-friendly materials due to the strict environmental regulations.

The emission of VOC releases toxins which cause health problems such as headache, dizziness, and damages the kidney, besides harming the ozone layer. With the development of sustainable products, manufacturers are focusing on the introduction of eco-friendly products to the market. They are focusing on producing high-performance coatings with low or zero VOC. With the accelerating application of green coatings in the end-use industries coupled with the increasing awareness associated with the emission of VOC, the Green Coatings Market is predicted to flourish during the appraisal period. Moreover, strict mandates imposed by the government and healthcare agencies like EPA and REACH are estimated to propel the market growth in the coming years. The augmenting use of plant-based sources and UV curing coating for the production of the wood coating is predicted to stimulate the green coatings market. Meanwhile, several companies are focusing on the adoption of new strategies like product launches, merger and acquisitions, collaboration, partnership, and new technology launches, which are estimated to propel the market growth across the globe.

On the contrary, volatility in the availability of raw materials coupled with its cost augments the price of green coatings. Such factors are considered as the top barriers vitiating the market growth throughout the appraisal period.

Global Green Coating Market: Segmental Analysis

The global green coating market has been segmented on the basis of product and application.

By mode of product, the global green coating market has been segmented into radiation cure coatings, powder coatings, high solids coating, and waterborne coatings. Among these, the powder coatings are predicted to expand at a rapid pace due to its superior properties such as superior corrosion resistance, zero VOC, premium-quality finish, and reduced drying time.

By mode of application, the global green coating market has been segmented into architectural, industrial, packaging, automotive, and others. Among these, the architectural segment is considered to be the most attractive and most prevalent segment. The growth is credited to the increasing global infrastructure expenditure for commercial and residential sectors.

Regional Insights

Geographically, the green coating market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region is predicted to dominate the global green coating market and is likely to retain its dominance throughout the assessment period. The growth is credited to the industrial sector coupled with the augmenting consumer focus towards the benefits provided by green coatings. Additionally, emerging trends such as the rising use of UV curing coating coupled with the use of plant-based sources in order to develop wood coating are considered to propel the market growth in this region.

The European region is estimated to experience a significant growth owing to the ever-increasing population coupled with the economic development in nations such as Spain, the U.K., and Italy. Infrastructure projects comprising airports and seaports have been planned in the UK National Infrastructure Delivery Plan which is estimated to contribute to the growth of the market in this region.

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Fluoropolymer Additives Market Size, Share, Industry Growth, Future Demand Covid – 19 Impact Analysis and Forecast 2019-2025

 

Market Overview:

A fluoropolymer is a fluorocarbon-based polymer with different carbon-fluorine bonds. Fluoropolymers are characterized by high protection from acid, bases, and solvents. The global demand for fluoropolymer additives is currently increasing post moderate growth in the last few years. The global market is primarily driven by the increasing application in coatings owing to its excellent weatherability. Additionally, growing investments in architectural coating development, along with increasing per capita consumption are likely to add to the growth of the global fluoropolymer additives market.

Segment Analysis:

Based on product, the global market has been segmented into polytetrafluoroethylene (PTFE) micro powders, fluorinated ethylene propylene (FEP) micro powders, perfluoroalkoxy (PFA) micro powders, and others. The PTFE segment accounted for more than two-third of market value and volume share in 2017 and is projected to dominate the same during the forecast period. PTFE is a key element having a long shelf life, low friction, and available at different operating temperatures.

Based on application, the global fluoropolymer additives market has been classified into printing inks, coatings, lubricants and grease, thermoplastics and elastomers, and others. The printing ink segment accounted for the largest market share owing to the increasing demand in various industries. Likewise, the demand for fluoropolymers additives in coatings and other end-use application is further propelling the growth of the segment.

Competitive Analysis

·        Solvay

·        Laurel Products, LLC

·        DowDuPont

·        DAIKIN INDUSTRIES, Ltd

·        3M

·        Shamrock Technologies

·        MAFLON S.P.A.

·        Fluorogistx

·        Chenguang Research Institute of Chemical Industry

·        Micro Powders, Inc

·        ASAHI GLASS CO., LTD

·        Inolub

·        Reprolon Texas

Regional Analysis

Based on the region, the global fluoropolymer additives market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific held the largest market share in 2018, followed by Europe and North America. The surge in printing ink production, coating, and increasing demand for lubricants are some of the prominent market factors driving the demand for fluoropolymer additives across the globe.

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Fluid Loss Additives Market | Analysis, Leading Players, Competitive Landscape, Strategy, Development, and History Industry Estimated to Rise Profitably by Forecast 2023

 Market Summary:

In terms of value, the Global Fluids Loss Additives Market reached USD 298 million in 2018 and is expected to exhibit a CAGR of over 3.3% during the forecast period, 2019–2025. The demand for fluid loss additives is increasing in drilling operations and well repairing across the globe, particularly in North America. The demand is increasing as it reduces the loss of petroleum derivatives during the drilling operation and fluid transportation.

Key Players:

• Newpark Resources Inc
• Schlumberger Limited
• BASF SE
• Solvay
• Tytan Organics
• Nouryon
• SEPCOR, INC
• Global Drilling Fluids and Chemicals Limited
• Kemira
• Audin Group
• Halliburton
• Clariant

Segmental Analysis:

The Fluid Loss Additives Market has been segmented based on material type, product type, application, and region.

By material type, the global fluids loss additives market has been segregated into bentonite, barite, polyanionic cellulose (PAC), polyacrylamide (PAM), calcium carbonate, hydroxyethyl cellulose (HEC), latex, and others. Among these, the PAC is expected to the dominant segment of the global fluid loss additives market as it has a high degree of carboxymethyl substitution that imparts viscosity to the fluids. Moreover, it comprises lesser NaCl residual than carboxymethyl cellulose leading to less cation contamination.

The product types covered under the scope of the global fluids loss additives market are water-soluble and water-insoluble additives. The water-soluble additives is expected to be the dominant segment and is further classified into vinylinic-based polymers, natural polymers, cellulosics, and others. Whereas water-insoluble are classified into polymer resins and others. Water-insoluble materials help to reduce the permeable zone that develops on filter cake. Bentonite is an example of water-insoluble polymer resin.

The application segments of the global fluids loss additives market are drilling fluids, cement slurries, fracturing fluids, and completion fluids. The drilling fluids was the dominant segment of the global fluids loss additives market followed by cement slurries. The surge in the demand for drilling fluids is attributed to their growing use in light and heavy intervention operations that are performed during well maintenance, replacement, or repair. The drilling fluids segment, on the basis of materials, is further categorized into water-based muds (WBM), oil-based muds (OBM), and synthetic-based muds (SBM), where WBM is most commonly used in the well intervention process.

Regional Analysis

The global fluids loss additives market has been analyzed for five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

North America held the largest market share in 2018 and is expected to register the highest CAGR during the review period due to the high production of petroleum derivatives in the region. Europe held a prominent market share in 2018, led by the UK, Italy, and France. Europe is followed by Asia-Pacific due to the expanding oil & gas industry. The regional players have increased the investments in the oil & gas industries—20% more as compared to 2018. The Latin American market is expected to witness stagnant growth during the forecast period.

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Flat-Rolled Stainless-Steel Market | Trends, Size, Opportunities, Sales Revenue, Emerging Technologies, Industry Growth and Regional Study Covid – 19 Analysis and Forecast to 2023

 Market Synopsis

The global stainless-steel market is expected to grow at a significant CAGR of over 5% during the review period. Flat-rolled stainless steel finds a broad range of applications in the construction, automotive, medical, marine, and capital & consumer goods industries due to its superior properties such as corrosion resistance, high strength, and low maintenance. The global demand is primarily driven by increased spending on residential construction activities globally. However, the increasing use of plastics, aluminum, and magnesium in automobiles to reduce the weight of the vehicles is likely to affect the demand for flat-rolled stainless steel.

Market Segmentation

The global flat-rolled stainless steel market has been segmented by product type, application, and region.

Because of product type, the global market has been divided into hot/cold-rolled coil, hot/cold-rolled strips, hot/cold-rolled sheets, plates, and others. The demand for hot-rolled coils is increasing at a significant rate due to its widespread use in applications including water heaters, boilers, medical equipment, automobile parts, buildings, marine components, and kitchen utensils. Cold-rolled coils find extensive use in construction, consumer goods, and medical equipment applications.

Hot/cold flat-rolled stainless steel sheets are used in the industrial sector in processing equipment for food, medical device, chemical, petrochemical, and power transmission industries. The growth of the consumer goods and medical industries is likely to drive the demand for hot/cold flat-rolled stainless steel strips. Hot/cold flat-rolled stainless steel strips are used in the manufacturing of knives, forks, and scissors, among others.

By application, the global market has been divided into construction, automotive, capital & consumer goods, marine, medical, and others. Construction application segment accounted for the largest market share in 2018. The market growth is primarily driven by expanding construction industry on account of increased spending on residential construction activities across the globe. In addition, the rapid growth of the major end-use industries such as chemical processing, automotive, medical, consumer goods, and marine in the developing nations is also expected to drive the market growth at a significant rate.

Competitive Analysis

• Shah Alloys
• Danieli
• Alliance Steel
• Metals USA
• Con-Tech International USA
• Yieh Corp
• ATI
• North American Stainless
• Metalwest
• Marfin
• Acerinox S.A.
• Outokumpu

Regional Analysis

The global Flat-Rolled Stainless Steel Market has been studied with respect to five key regions—North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa. The market in Asia-Pacific accounted for the largest share of the global flat-rolled stainless steel market and is expected to be dominant during the review period on account of expanding industrial base in developing countries such as India, Malaysia, Thailand, Indonesia, and Australia.

Europe is also expected to be a prominent market on account of the expanding construction industry in the region.

The market in North America is likely to witness healthy growth on account of increasing demand for flat-rolled stainless steel in the construction and medical industries.

The markets in Latin America and the Middle East & Africa are likely to register healthy CAGRs on account of increased spending on automobile manufacturing and residential & commercial construction.

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Flat Steel Market Share, Size, Industry Analysis Report, Major Manufacturers, Trends, Demand, Growth by 2022

 Flat Steel Market Overview to 2022:

Flat steel products refer to semi-finished steel products such as sheets and plates. The global flat steel market is expected to capture a modest CAGR of 6% over the forecast period of 2014-2022, asserts Market Research Future (MRFR) in an in-depth study. The global flat steel market was valued at USD 380 Bn in 2015.

Flat steel products are of immense importance to steelmakers since they are used in diverse applications across various end-use industries. Application in automobiles, construction, shipbuilding, industrial machinery, and domestic appliances are among the primary uses of flat steel.

Booming construction industry acts as a major drive behind the growth of the global flat steel market. Hot rolled flat steel sheets are extensively used in the construction industry since they can be used to form large-sized structures. Lower cost and malleability make them more desirable for mass applications. Rebound in constructional activities in the US and across Europe has initiated solid growth within the global flat steel market.

The automotive industry too is a key end user of the global flat steel market. Flat steel products such as hot rolled coils & sheets find their application in wheel-disc in the automotive segment. Typical applications of cold rolled steel sheets involve automotive bodies since they can be painted better than hot rolled steel. Growth in the consumer durable sector will also support demand for steel products.

Rise in infrastructural activities across the globe, especially in the emerging economies is responsible for shaping the growth of the global flat steel market. Construction of highways, bridges, airports, ports, water transportation, pre-fabricated buildings, and power projects purveyed by government funding for the same induces high demand within the global flat steel market. Other factors substantiating the growth of the market include robust growth in demand for flat steel products used in the manufacturing industry.

On the other hand, the growth of the global flat steel products market might be affected negatively by fluctuations in the price of raw materials.

Segmentation

The global flat steel market has been segmented based on end user and product type.

By end-user, the global flat steel market has been segmented into automobiles, construction & infrastructure, transport, and others. In developed countries, flat steel products are always in demand in the automobile sector. Flat steel is extensively used in the building & infrastructure sector due to advantages associated with flat steel such as design flexibility, high strength, and increased durability. It also reduces maintenance costs. In the energy sector, flat steel is used for the development of infrastructure.

By product type, the global flat steel market has been segmented into coated sheet, cold rolled sheet, hot rolled sheet, and plates.

Regional Analysis

The key markets for flat steel include Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW).

The global flat steel market is dominated by APAC. The booming construction industry and ongoing extensive infrastructural activities taking place in the developing economies of the region such as China, India, and Japan have created favorable growth opportunities for the flat steel market. South Korea too is a significant market in the region.

Europe is the second largest market for flat steel driven by the existence of various key players in the region. The steadily growing automotive industry is a key growth influencer of the Europe flat steel market. Austria, Germany, France, Luxembourg, Sweden, and the UK are the key contributors to the Europe market. However, some key players are hiking the price of flat steel in the region which might affect the growth of the market adversely.

North America market is driven by similar factors as Europe and is expected to showcase substantial growth over the forecast period. The reviving construction industry in the region is likely to augur well for the growth of the market.

Competitive Landscape

The key players in the global flat steel market include POSCO (South Korea), SSAB (Sweden), Essar Steel (India), Nippon Steel & Sumitomo Metal Corporation (Japan), United Steel Corporation (USA), ArcelorMittal (Luxembourg), Hyundai Steel Co. (South Korea), ThyssenKrupp (Germany),

Voestalpine (Austria), and Tata Steel Ltd (India).

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Flat Glass Market 2020 Global Trends, Size, Opportunities, Sales Revenue, Emerging Technologies, Industry Growth and Regional Study, Covid – 19 Analysis and Forecast to 2023

 Market Insights:

The broadening of the application scope of flat glass has raised the growth potential of the flat glass market considerably. Reports that gauge the advanced material industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is set to observe a CAGR of 8.02 % in the forecast period.

The raised integration of flat glass construction in creating clean and sleek building exteriors is expected to inspire the market’s progress. Also, increasing consumption of furniture and electronic products which increasingly rely on the flat glass as the core materials are expected to surge in the upcoming period. The development of value-added products is predicted to provide an edge to the growth of the flat glass market around the world. Additionally, the usage of flat glass in solar energy installations is expected to be conducive to market expansion in the impending years owing to the rising renewable energy sector.

Global Key Player:

·        PPG Industries, Inc.

·        Xinyi Glass

·        Nittobo

·        Luoyang Glass

·        C Asahi Glass

·        Nippon Sheet Glass

·        Hangzhou Almaden

·        AviationGlass & Technology

·        Emerge Glass

·        Saint-Gobain S.A.

·        Guardian Industries

·        Taiwan Glass

·        Schott AG

·        AEON Industries

·        Suzhou Huadong Coating Glass

Segmental Analysis:

The segmentation of the flat glass market is carried out on the basis of product, technology, application, and geography. On the basis of product, the flat glass market is segmented into laminated, tempered and others. On the basis of technology, the flat glass market is segmented into float, rolled and sheet. On the basis of application, the flat glass market is segmented into automotive & transportation, construction & infrastructure, and others. On the basis of geography, the flat glass market is segmented into the Americas, Europe, Asia Pacific and rest of the world.

Detailed Regional Analysis:    

The regional market in the flat glass market can be segmented on the basis of geography into Asia Pacific, Europe, North America, and the rest of the world. As per the analysis, the Asia Pacific region represents the chief and the fastest rising market worldwide with a CAGR of 7.5% in the course of the analysis period. Speedy urbanization swell in construction activity in the commercial, industrial, residential and infrastructural sectors is a key factor for the region’s growth. Along with the rising demand for luxury cars that use more glass than conventional models, are the top expansion drivers of the market in the coming years. Furthermore, the rising construction industry and improved investments in airport construction are motivating the demand for the flat glass market globally. The boost in focus on building interiors and rising demand for solar thermal panels is also expected to impel the flat glass market growth.

Competitive Analysis:

The advancement of the market is projected to capture amplified impetus in the coming years chiefly due to the incidence of contributory government plans. The escalated turnaround in the market is likely to set off new openings for the development of the market. The enhancement in different domestic economies is projected to encourage the progress of the market in the impending period. The ease in accessing key planned opportunities important to consequent stabilization of inflation is projected to generate a promising option for development in the approaching years. In the approaching years, the control exerted by fairly high-income level nations around the world and the likely gains observed towards a few of the currencies around the world is projected to strengthen the fruition of the market in the forecast period. A significant climb in the number of backers in the market is expected to craft an advantageous state of affairs for the evolution of the market in the projected period.

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Ethylbenzene Market | Size, Share, Comprehensive Analysis, Market Segments, Key Players and Opportunities 2020 -2023

 

Market Summary

The global ethylbenzene market is expected to register a CAGR of over ~3.6% during the forecast period. The Asia-Pacific market is expected to exhibit the highest CAGR during the forecast period owing to the growth of end-use industries such as polymers, construction, agricultural, packaging, electronics, and other industrial. The expanding manufacturing industry has increased the demand for ethylbenzene in developed and developing economies such as the US, Germany, China, and Japan, which is expected to boost the growth of the global ethylbenzene market during the forecast period.

Key Players

·        Royal Dutch Shell Plc

·        Synthos S.A.

·        DowDuPont

·        Total S.A.

·        Versalis

·        Chevron Phillips Chemical

·        ufu Xindi Chemical Research Limited Company

·        LyondellBasell Industries

·        Zhejiang Weishi Biotechnology Co., Ltd

·        SABIC

·        BASF SE

·        Chevron Phillips Chemical

Regional Analysis

The Ethylbenzene Market, by region, has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The market in Asia-Pacific accounted for the largest share of the global market in 2018 and is expected to witness healthy growth during the review period. Most of the demand in the region is expected from China, India, and South-East Asian countries owing to the increasing demand for polymers followed by chemicals in end-use industries such as paints & coatings.

The North American market held the second-largest share of the global ethylbenzene market in 2018. The growth is attributed to the increasing manufacturing activities in the US, followed by Canada. The key players operating in the region are planning to strengthen the supply chain, which is expected to propel the market growth during the review period. For instance, Chevron Phillips Company is planning to acquire small vital players to increase the revenue in the global market. Thus, the growing investments to increase the production capacities in the region is expected to boost the demand for ethylbenzene in North America.

The demand for ethylbenzene in Europe region can be attributed to the moderate growth of the chemical industry owing to stringent REACH regulations. However, for application for ethylbenzene in Middle East & Africa is expected to boost with moderate CAGR during the forecast period.

The Latin American market is expected to witness a moderate growth owing to the rising demand for the polymer and chemical industries.

Segmentation

The global ethylbenzene market has been segmented by application, end-use industry, and region.

Based on application, the global market has been divided into gasoline, paint & coatings, natural gas, asphalt & naphtha, diethylbenzene, and others. Based on end-use industry, the global market has been categorized into polymers, construction, agriculture, packaging, electronics, and other industrial.

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Electronic Adhesive Market | Size, Share, Growth Insight, Competitive Analysis, Business Opportunities, Statistics, Covid – 19 Analysis and Forecast To 2023

 Market Analysis

The global electronic adhesives market is expected to have a favorable growth at a striking CAGR over the estimated years (2017-2023). As opposed to any other industry where adhesives are used to adhere two substrates together, in the electronics industry their needs are unique. Right from adhesives which protect the delicate wiring in the motherboard against vibration to the electrically conductive glue which allows the electric circuits to complete, often electronics adhesives are used for offering much more than merely a strong bond. Cold glue and hot melt adhesives are used in numerous electronics applications such as encapsulating components, binding surface-mounts components, wire tacking and more. The various raw materials utilized in producing electronic adhesives include cyanoacrylates, polyurethanes, polysulfides, epoxies and silicones.

There are abundant factors that is propelling the growth of the electronic adhesives market. These factors as per the MRFR (Market Research Future) report include technological advancements, safety regulation implementation for electronic applications, solid-state semiconductor technology implementation in consumer and industrial applications, and investment on research and development activities made by companies for the utilization of microelectronic devices especially in niche applications. The additional factors include increase in need for lighter and compact components, growth in penetration of IoT (internet of things), use of electronic components in different applications namely aircraft, imaging devices, medical devices, consumer electronics and automotive, increase in the use of connected devices, consumers changing lifestyle, increase in disposable income and increase in use of automated appliances. On the contrary, high installation costs of product assembly, packaging and lamination of advanced machinery is likely to hinder electronic adhesives market growth.

Market Segmentation

MRFR report offers a broad segmental analysis of the electronic adhesives market on the basis of form, type and application.

Based on form, it is segmented into paste electronic adhesive, solid electronic adhesive and liquid electronic adhesive. Of these, liquid electronic adhesive will have the maximum share in the market over the estimated years.

Based on type, the electronic adhesives market is segmented into UV curing, thermally conducive, electrically conducive and others. Of these, the electrically conducive segment will lead the market over the estimated years.

Based on application, it is segmented into integrated circuit, semiconductor, printed circuit boards and others.

Competitive Analysis

The electronic adhesives market is competitive and fragmented due to limited accessibility of suppliers and growing number of buyers. The key players are using various strategies such as new product development and new product launch, partnerships., merger and acquisition and expansion to attain growth in the market. In fact, they are mainly laying emphasis on offering low-cost and high-quality adhesives for numerous applications namely PCB and semiconductors.

Key Players

• BASF SE
• Alent PLC
• 3M Company
• Kyocera Chemical Corporation
• The Dow Chemicals Company
• Hitachi Chemicals Company Limited
• Mitsui Chemicals
• LG Chemical Limited
• Indium Corporation
• Henkel AG & Co. KGaA
• B. Fuller Company

March 2019- Henkel is all set to organize an exclusive webinar, “Electronic Adhesives for Tomorrow’s Vehicles” on September 10, 2019. This webinar will focus on the huge electronics adhesives portfolio that Henkel offers. It will enable reliability and efficiency in multiple system crucial automotive applications such as electronic modules utilized for power storage systems, power conversion, wire harness, sensors, lidar modules, radar, powertrain controls camera and more.

Regional Analysis

By region, the electronic adhesives market covers growth opportunities and latest trends across Latin America, Europe, North America, Asia Pacific and Middle East & Africa. Of these, APAC will have a major share in the market owing to the growing automotive and electrical industry here coupled with favorable government policies namely incentives and tax benefit. China, India and Japan are the key contributors here. The electronic adhesives market in North America will have a healthy growth owing to increasing use of electronic adhesives and the presence of developed end-user industries. The US and Canada are the key contributors here. The electronic adhesives market in Europe will have a steady growth due to growing utilization of electronic adhesives especially in the automotive industry.

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Concrete Fiber Market | Share, Global Trends, Future Growth, Business Opportunities, and Market Forecast To 2025

 Concrete fiber Market – Market Overview    

Market Research Future Published a Half Cooked Research “Global Concrete fiber Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.    

Concrete fiber also known as fiber reinforced concrete. It is concrete containing fibrous material which increases its structural integrity. It contains short discrete fibers that are uniformly distributed and randomly oriented. It is made up from concrete, steel fibers, glass fibers and natural fibers. For many applications, it is becoming increasingly popular to reinforce the concrete with small, randomly distributed fibers. Their main purpose is to increase the energy absorption capacity and toughness of the material, but also increase tensile and flexural strength of concrete.

Concrete reinforced with fibres which are usually steel, glass or “plastic” fibres is less expensive than hand-tied rebar, while still increasing the tensile strength many times. Shape, dimension and length of fibre is important. Fibres are usually used in concrete to control plastic shrinkage cracking and drying shrinkage cracking. They also lower the permeability of concrete and thus reduce bleeding of water. Some types of fibres produce greater impact, abrasion and shatter resistance in concrete. Generally fibres do not increase the flexural strength of concrete, so it cannot replace moment resisting or structural steel reinforcement. Some fibres reduce the strength of concrete. Whereas, major manufacturers based in this region are experiencing various challenges such as, competition from new & existing players, pressure from environmental agencies, demand for substitute and eco-friendly products, and calculating the cost efficiency of the final product.

Accrediting the colossal growth the Concrete fiber market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published  a meticulous study report giving out the complete market insight up till 2023. According to which, continuing with the same trends the global Concrete fiber market is projected to perceive an outstanding growth by 2023 registering a striking CAGR during the anticipated period (2017 – 2023). 

Key Player:

 

• BASF SE
• Bekaert SA
• Cemex, ABC Polymer Industries
• Sika AG
• Propex Operating Company, LLC.
• The Euclid Chemical Company
• Fibercon International Inc.
• Nycon Corporation

Concrete fiber Market – Competitive Analysis

Concrete Fiber Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition and expansion. Strategic partnerships between key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. 

Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, manufacture

Concrete fiber Market – Market Overview    

Market Research Future Published a Half Cooked Research “Global Concrete fiber Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.    

Concrete fiber also known as fiber reinforced concrete. It is concrete containing fibrous material which increases its structural integrity. It contains short discrete fibers that are uniformly distributed and randomly oriented. It is made up from concrete, steel fibers, glass fibers and natural fibers. For many applications, it is becoming increasingly popular to reinforce the concrete with small, randomly distributed fibers. Their main purpose is to increase the energy absorption capacity and toughness of the material, but also increase tensile and flexural strength of concrete.

Concrete reinforced with fibres which are usually steel, glass or “plastic” fibres is less expensive than hand-tied rebar, while still increasing the tensile strength many times. Shape, dimension and length of fibre is important. Fibres are usually used in concrete to control plastic shrinkage cracking and drying shrinkage cracking. They also lower the permeability of concrete and thus reduce bleeding of water. Some types of fibres produce greater impact, abrasion and shatter resistance in concrete. Generally fibres do not increase the flexural strength of concrete, so it cannot replace moment resisting or structural steel reinforcement. Some fibres reduce the strength of concrete. Whereas, major manufacturers based in this region are experiencing various challenges such as, competition from new & existing players, pressure from environmental agencies, demand for substitute and eco-friendly products, and calculating the cost efficiency of the final product.

Accrediting the colossal growth the Concrete fiber market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published  a meticulous study report giving out the complete market insight up till 2023. According to which, continuing with the same trends the global Concrete fiber market is projected to perceive an outstanding growth by 2023 registering a striking CAGR during the anticipated period (2017 – 2023). 

Key Player:

 

• BASF SE
• Bekaert SA
• Cemex, ABC Polymer Industries
• Sika AG
• Propex Operating Company, LLC.
• The Euclid Chemical Company
• Fibercon International Inc.
• Nycon Corporation

Concrete fiber Market – Competitive Analysis

Concrete Fiber Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition and expansion. Strategic partnerships between key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. 

Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, manufacturers strive to develop products that can deliver optimal adhesion, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Manufacturers strive to develop their product portfolio with a wide range of products for flat steels for every application.

Industry Overview:

Increasing demand from developing economies, such as China and India for concrete fibers, and growing population of concrete fibers as compared to other composites are factors that drive the concrete fiber market in the Asia Pacific region. In contrast to this, high operating costs and lack of required R&D investments and technical knowledge are the key restraining factors hampering the market growth.

Concrete fiber Market – Segments

For the convenience of the report and enhanced understanding; The Concrete fiber Market is segmented in to 3key dynamics

Segmentation by Type: Synthetic Fiber, Steel Fibers, Glass Fibers and others

Segmentation by Application: Construction, Industrial, Road industry and other

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Concrete fiber Market – Regional Analysis

The global Concrete fiber market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the world. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Asia-Pacific has accounted the largest market for Concrete fiber market followed by Europe and North America. China leads the concrete fiber market, rise in construction activities due to an increase in population has aided China and other developing economies. 

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Industry Overview:

Increasing demand from developing economies, such as China and India for concrete fibers, and growing population of concrete fibers as compared to other composites are factors that drive the concrete fiber market in the Asia Pacific region. In contrast to this, high operating costs and lack of required R&D investments and technical knowledge are the key restraining factors hampering the market growth.

Concrete fiber Market – Segments

For the convenience of the report and enhanced understanding; The Concrete fiber Market is segmented in to 3key dynamics

Segmentation by Type: Synthetic Fiber, Steel Fibers, Glass Fibers and others

Segmentation by Application: Construction, Industrial, Road industry and other

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Concrete fiber Market – Regional Analysis

The global Concrete fiber market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the world. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Asia-Pacific has accounted the largest market for Concrete fiber market followed by Europe and North America. China leads the concrete fiber market, rise in construction activities due to an increase in population has aided China and other developing economies. 

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