Global Smart Coatings Market 2018-2024 Top Key Players BASF, Nanoshell, Research Frontiers, Inc.

Smart coatings are special films that sense and respond to environmental and external stimuli. These coatings can also respond to changes in light, chemical, pressure, heat, and other stimuli. These coatings are made of programmable materials that possess variety of chemical, physical, mechanical, and electrical properties. The global smart coatings market is growing at a significant rate, and expected to attain a considerable growth during the forecast period. This is attributed to the self-healing and self-repair properties of these coatings which makes them suitable for various purposes such as material protection, corrosion protection, and other improvement applications.

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Environmental implications and low durability in extreme weather conditions are identified as major challenge in the smart coatings market growth. While developing these coatings, manufacturers must comply with various statutory regulations such as European Union Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) compliance, and others. It generally forces the replacement of carcinogenic or toxic components in coatings formulations, which might restrict the market growth in the coming years.

The availability of raw materials and their prices are the factors which are determining the cost structure of products offered by them. The basic raw materials that are used in smart coatings industry are inorganic chemicals and methylamines.

During the forecast period, Asia-Pacific is anticipated to witness the highest growth in the smart coatings market, owing to the rising demand from end user industries such as aerospace and defense, automotive and transportation, marine, building and construction, and others. The demand is particularly driven from countries such as China, India, Brazil, and others. Along with that, the rising population and disposable income along with the manufacturing industry growth is driving the smart coatings market in the region.

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Various developments are taking place in the market coupled with the increasing research and development efforts in an industry. For instance, Ford Motor Company is interested in functional coatings for light detection and ranging sensor for autonomous vehicles. Some of the major players operating in the smart coatings market are 3M Company, PPG Industries Inc., AkzoNobel N.V., The Sherwin-Williams Company, RPM International, Axalta Coating Systems, NEI Corporation, Royal DSM, and Helicity Technologies.

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Global Water Clarifiers Market – Outlook, Size, Share & Forecast 2018 To 2024

Clarifiers are used to remove solid particulates from liquid for clarification and thickening. They are also known as settlers. These tanks are widely used in sewage treatment, oil and gas, power generation, mining, and many other industries to provide product separation and recovery. The global water clarifiers market is witnessing a significant growth in the market and is anticipated to grow at a good pace in the coming years, due to the increasing focus on water treatment and stringent environmental regulations imposed by government of various countries and regulatory authorities.

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High cost of clarifiers and the availability of substitutes such as chemicals are restraining the water clarifiers market growth and posing as a major challenge. There are various cheap alternatives available in the market for water treatment including chemical treatment of water, which has the ability to treat water at a very low cost as compared to clarifiers.

Rapid urbanization is creating pressure on the existing water infrastructure and are demanding proper treatment of wastewater, which is creating high demand for clarifiers across the world. This is attracting various players toward the water clarifiers market, driving the investment inflow into the market.

Asia-Pacific is expected to be the fastest growing region in the water clarifiers market. Rapid industrialization, increasing population, and decrease in the water freshwater reserves in the region are the major factors which are anticipated to drive the market growth. Along with that, the growing demand of water clarifiers from both municipal and industrial sectors are also fueling the market growth. Also, the growth in the region is attributed to large and rising industrial infrastructure in developing countries such as China and India.

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Napier-Reid, BASF SE, Pall Corporation, Ecolab Inc., Solenis LLC, Buckman Laboratories, Inc., Ixom Operations Pty Ltd., Suez S.A., Dew Speciality Chemicals, and Holland Company Inc. are some of the key players operating in water clarifiers industry.

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Globle Automotive Elastomers Market 2018: Analysis by Size, Share, Key Drivers, Growth Opportunities and Trends 2018 – 2024

Elastomers are materials made of polymers which are joined by chemical bond to acquire crosslinked structure. The property of elastomers depends upon the distribution and degree of the polymers chemical bond. The automotive elastomers are used to manufacture different automotive parts. The global automotive elastomers market is registering a good growth in the recent years and also anticipated to grow at a fast pace in the coming years. This is attributed to the increased usage of these elastomers in the automotive industry for wide variety of applications including front-end body panels, belts, hoses, and others.

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Fluctuating cost of raw material and economic instability in Europe are the major challenges which can hinder the growth of automotive elastomers market. Volatility in the prices of raw materials may adversely affect the performance of elastomers in the global market. There are various factors which impacts the international rubber prices such as crude oil price movement, global supply/demand position, impact on prices of synthetic substitutes, and others, which in turn affects the overall industry.

The automotive elastomer industry players are paying attention towards deriving monomers from bio-based sources in order to stay competitive in the market.

Asia-Pacific is projected lead the automotive elastomers market owing to the increasing demand of elastomers in the transportation and automotive industry. The region is emerging as one of the production hub of automobiles due to the cheap labor, presence of major players, and others, contributing in market growth. Also, the increasing purchasing power of people has triggered the automobiles demand in the region. Hence, a healthy growth prospect in the region’s automotive production is projected to increase the demand for elastomers in the region in the coming years.

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Major companies in the automotive elastomers industry are anticipated to continue partnering or acquiring the regional manufacturers for the purpose of gaining strong foothold in the market. 3M Company, ExxonMobil, Bayer Material Science, Lanxess AG, Lyondell Basell, Daikin, DowDuPont Inc., BASF SE, Asahi Kasei, Huntsman Corporation, and LG Chem are some of the major players operating in the global automotive elastomers market.

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Global Battery Materials Market 2018-2024| Rise in Solar PV Installations to Encourage Growth|

Battery materials are used in the batteries manufacturing. Various materials are used in the manufacturing for different rechargeable batteries. The continuous growth in portable electronics and change in the motor vehicle industry is going to have a strong impact on the battery materials demand, particularly in developing countries. The global battery materials market is growing at a significant pace in the recent years. The need of improved batteries at lower cost, improved capacity retention and other factors are driving the market growth across the world.

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Increasing raw material prices for batteries such as magnesium lead, cobalt, and lithium is identified as a major challenge in the growth of battery materials market. For instance, price of cobalt, which is a raw material for lithium-ion batteries rose by 114% in 2017, which could severely affect its demand in the market. The cost of cobalt reached $95/kg from $32/kg in 2017, which can pose price challenges to the storage and electric vehicles industries, hindering the market growth.

Battery materials market is a high growth market displaying a huge growth prospects in the coming years. Various manufacturing companies, battery makers, research institutions, and others are investing heavily to bring technological advancement in batteries. The major players in the lithium-ion battery market in terms of value are Samsung SDI, LG Chem, SONY, ATL, Tesla, and others.      

Asia-Pacific accounts for the largest share in the battery materials market, due to the rising demand of battery energy systems in the developing countries such as China and India. Also, the use of batteries is increasing for the purpose of renewable energy storage which is among the major factors influencing the battery materials market growth in the region, as the Asian countries are investing significantly in developing renewable energy resources. Additionally, with the rise in population of these countries, the demand of electronic devices such as tablets, smartphones, laptops, and others are also increasing at a fast rate, which is also driving the market growth in the region.

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Also, at the global level, the materials have high demand and the manufacturing of these material is led by the Asian countries such as China, Japan, South Korea, and others. The industry players are looking for cheap materials due to the demand of low-cost batteries, thus, the players are shifting their bases to Asia-Pacific in order to take advantage of low-cost labor and cheap raw material.

Umicore, Mitsubishi Chemical Holdings, POSCO, Johnson Matthey, Hitachi Chemical, Kureha Corporation, Sumitomo Corporation, Toray, BASF SE, DowDuPont Inc., Sowa Denko, and Ube Industries Ltd., are some of the key players operating in the battery materials industry.

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Global Emulsion Adhesives Market – Analysis and Forecast to 2024

Emulsion polymers are commonly used as a polymeric base for different general purpose adhesives. Emulsion adhesives are formed by the emulsification and polymerization of ethylene vinyl acetate, acetic vinyl, and acrylic resin in water. These adhesives are mainly used for porous materials. These are non-flammable, non-toxic in nature and hence are relatively safer to use. The global emulsion adhesives market is projected to register a good growth during the forecast period, owing to its wide range of application such as woodworking, furniture, packaging, paper working, and others.

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Availability of substitutes in the market including hot melt adhesives, performance issues in high strength applications are the major challenges identified in the emulsion adhesives market, which can potentially hinder the market growth in the coming years. The availability of hot melt and other solvent-less adhesives are giving tough competition to these adhesives, which is posing as a challenge in the market.

Globally, the emulsion polymer market is fragmented which comprises of large number of small, mid-sized, and large players. The emulsion adhesives market also experiences the same dynamics. In order to compete in the market, manufacturers are expanding their facilities along with their product portfolio to cater to the market in an efficient manner to remain competitive.

During the forecast period, the emulsion adhesives market is expected to register the highest CAGR in Asia-Pacific. This can mainly be attributed to the increasing demand from countries such as China, India, and others to meet the increasing demand from end-user industries. Additionally, stringent environment related policies and increasing emphasis on using low-VOC products are among the major factors that are contributing towards the growth of the market.

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Moreover, the increase in demand for acrylic emulsion adhesives and the shift of manufacturing bases from developed countries to Asia-Pacific countries, owing to low production cost are also among the key factors anticipated to drive the emulsion adhesives industry growth in the region.

The major players are introducing innovative products in the market as part of their strategy to gain a competitive edge over competitors. Some of the major players operating in the emulsion adhesives industry are Wacker Chemie, Ashland Inc., Henkel Corporation, H.B. Fuller, 3M Company, Pidlite Industries Ltd., Arkema Group, DowDuPont Inc., STI Polymer, Tailored Chemical Product, Melton Adhesives, Lord Corporation, Mapei S.P.A, and Franklin International.

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