Chemicals Latest News: September 2018

Thursday, 27 September 2018

Global Industrial Coatings Market - Water, Solvent, High Solids, Top Companies, Analysis and Forecast to 2024

An industrial coating is a coating or paint that is defined by its protective properties. The common use of these coating is for corrosion control of concrete or steel. These coatings are used in various industries such as aerospace, automotive, plastics, marine, and various others. The industrial coatings market is growing at a good rate and anticipated to register a decent growth during the forecast period, on account of its superior properties which includes durability, corrosion resistance, excellent fire protection coating solutions, and others. The market is gaining momentum due to the high exposure of metals to wear and tear coupled with continual degradation.

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Industrial coatings are manufactured from petrochemicals commercially. Considering that crude oil prices are highly volatility which can directly impacts the industrial coatings market. Along with that, environmental concern and fluctuating raw material prices may restraint the market growth during the forecast period. For instance, fluctuation in prices of resins, pigments, titanium oxides and additives can potentially hinder the market growth.

Industrial coatings market is fragmented with the presence of major manufacturer from North American region and few from other regions, particularly, Asia-Pacific. Various major players in the market are adopting different strategies such as acquisitions, expansion, partnerships, and new technology development to acquire competitive advantage.

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Globally, Asia-Pacific is anticipated to dominate the industrial coatings market in the coming years. The region’s market is mainly driven by the rapid industrialization, increasing infrastructural activities, and easy availability of resources. Also, the favorable government regulations in various countries such as India, China, and Japan are projected to augment the growth of industrial coatings market.

Key participants in the market are acquiring small players in order to gain larger market share. Also, manufacturers are collaborating with distributors to expand their presence in the market and meet the global demand. Along with that, BASF SE, AkzoNobel N.V., Valspar Corporation, Nippon Paint Holdings, PPG Industries, The Sherwin-Williams Co. Ltd., DowDuPont Inc., Axalta Coating Systems, Kansai Paint Co. Ltd., and RPM International Inc. among others are some of the major players operating in the global industrial coatings market.

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Wednesday, 19 September 2018

Global Chitosan Market Analysis, Outlook, Opportunities, Size, Share Forecast and Supply Demand 2024

Chitosan is a sugar which is obtained from a hard outer skeleton of shellfish including lobster, shrimp, and crab. It is a fibrous substance that might block absorption of dietary fat and cholesterol. It is a natural biopolymer which is derived from chitin. The global chitosan market is expected to grow at a significant rate during the forecast period. This is attributed to its increasing demand in pharmaceutical industry due to its various uses such as; it is used to treat complications such as kidney failure, anemia, loss of strength and appetite, and others. It is used to treat various medical conditions including high cholesterol and obesity.

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The chitosan market is highly fragmented due to the presence of large number of players in the market, which makes it a highly competitive market for the industry players. The players need to have a focused strategy to achieve the competitive advantage in the market.

The APAC is the largest contributor in the chitosan market and held the largest share in the market. The region market is expected to register the fastest growth during the forecast period. This can be attributed to the presence of major producer in the region, which are fueling the market growth in the region. This is due to the increasing demand along with rising investment. Along with that, various research and development activities are ongoing for the commercial production of the product from the non-aquatic sources such as algae, yeasts, and fungi are also expected to drive the chitosan market growth in the region.

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The various key players in the chitosan industry are investing heavily in carrying out the research and development activities for the development of new and improved production processes and technologies for chitosan manufacturing. Chitosan AS, Mahtani chitosan pvt. ltd., AgraTech, JBIChem International, Primex ehf, Heppe Medical Chitosan GmbH, Vietnam Food, Advanced Biopolymers AS, G.T.C. Bio Corporation, and KitoZyme S.A are some of the key players in the chitosan market.

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Tuesday, 18 September 2018

Global Double Sided Tape Market 2018 | Industry Key Players, Type, Applications, World’s Major Regions, Analysis & Forecast To 2024

Double sided tape is pressure sensitive tape which are coated with adhesives on both the sides. This tape is different from normal tape based on the suitability and utility for various applications. It is designed to stick two surfaces together in a way that they are not visible in the end product. The global double sided tape market is growing at a good pace, owing to its growing application in various industries such as automotive, building and construction, electrical and electronics, and others. The market is witnessing an increase in demand, owing to its superior properties and utility as compared to traditional tape.

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The major challenges faced by the double sided tape market which are hindering the market growth are the high price of this tape as compared to normal tape and paper/tissue backed tapes are prone to moisture. This tape is generally expensive than traditional tape due to the superior properties it possesses and high cost of raw material. Silicone based tape are most expensive, while natural rubber based are economical.

The wide range of double sided tape are available in the market for wide range of applications. Also, the double sided tape market is fragmented with the presence of large number of players in the market. The market is not highly capital extensive which makes it easier for new entrants to enter and operate in the market.

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Asia-Pacific is expected to register the highest growth in the double sided tape market during the forecast period. The rising demand of this tape for various applications from emerging countries such as China, South Korea, Vietnam, and India are expected to drive the market growth, due to the rapid industrialization in these countries, which is also attracting the foreign investors to invest in the region, fueling the growth of the market.

3M Company, Nitto Denko Corporation, TESA SE, Avery Dennison Corporation, Lintec Corporation, Intertape Polymer Group, Inc., Shurtape Technologies, LLC., Lohmann GmbH & Co. Kg, Nichiban Co. Ltd. and Mactac, LLC are some of the key players offering different double sided tape.

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Monday, 17 September 2018

Global Formulation Additives Market - Application, Size, "Growth" Share, Analysis and Forecast to 2024

Formulation additives are used to adjust the qualities of the adhesive formulation, which helps in improving the durability, efficiency, and appearance of the product. They are used in adhesive and sealant applications. The global formulation additives market is growing at a decent pace, due to the increasing use of these additives in number of industries. The major objectives of these additives is to enhance the properties and processing characteristics of materials in which they have been used. Also, the demand of these additives in paints and coatings industry is significantly increasing, further boosting the market growth.

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The increasing pressure on manufacturers to provide the cost-effective and high performance product and increasing raw material prices are identified as the major challenge in the formulation additives market. Various manufacturers are investing heavily in developing a cost effective as well as high performance products for the consumers to stay competitive in the market, as various innovations are taking place in the market by the key players.

The extensive range of formulation additives are available in the market under various brand names. The formulation additives market is captured by the big players, which are consistently improving their product offerings and expanding their product portfolio, which is making it difficult for small player to capture the market.

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Asia-Pacific is the largest consumer of these additives and also expected to register the fastest growth in the formulation additives market during the forecast period. This can be attributed to the growing construction and transportation activities in the region, to meet the demand of ever-increasing population. Also, the manufacturing of these additives is increasing in the region, as manufacturers are setting up manufacturing facilities in the region, to take advantage of cheap and easily available labor.

Key players in the formulation additives industry are investing in the strategic locations such as Asia-Pacific to set up the manufacturing units, which can be attributed to the easy availability of cheap raw materials. BASF SE, Eastman Chemical Company, DowDupont Inc., Cabot Corporation, Allnex Technologies, Arkema Group, Evonik Industries, Momentive Performance Materials, Huntsman Corporation, and Akzonobel N.V. are some of the key players offering formulation additives products.

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Global Medical Elastomers Market 2018 - Polyone Market Growth Till 2024

Elastomers used in the medical industry are known as medical elastomers. They are used in the applications where higher flexibility or elasticity is required. Medical grade elastomers are used to optimize the function of life sciences applications. The global medical elastomers market is registering a good growth, due to the increasing demand of medical devices across the globe. This can also be attributed to its use in the wide range of applications, including medical tubes, medical bags, patch adhesives, orthopedic gels, and others.

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Significant investment for the product development is the major challenge identified in the medical elastomers market. Also, considering the sensitivity of the industry, various precautions, an extra care needs to be taken while developing new products, making it a time consuming process. Investors have to wait for a very long time in order to get the returns on their investments, which pull them back in investing in the market. All these factors are posing as a major challenge in the market growth.

The availability of multiple grades of elastomers in the medical elastomers market makes it a very competitive market, where manufacturers need to constantly invest in the market in order to attain the competitive edge by expanding their product portfolio, new product development, and others. Also, survival of new entrants is tough, as it is capital intensive market and also highly regulated.

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Asia-Pacific is expected to lead the medical elastomers market in the coming years, due to the expanding medical industry in the region. The medical industry in countries such as China and India are rapidly growing, primarily due to growing population, which is increasing the demand of medical devices, equipment, and others in the region. According to export.gov, in 2016, the Chinese medical device industry registered a growth of 20.1% as compared to 2015. The growth was majorly fueled by the hospital procurements to meet the need of the growing population.

Key players in the medical elastomers industry are focusing on developing more advanced elastomers and are investing significantly in the market to attain the same. BASF SE, DowDuPoint Inc., Solvay SA, Royal DSM, Eastman Chemical Company, Celanese Corporation, Polyone Corporation, Trelleborg AB, Kuraray Co., Ltd., RTP Company, and Foster Corporation are some of the key players offering various elastomers to the medical industry.

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Global Polypropylene Catalyst Market Opportunities, Future Guidelines, Value Chain Forecast To 2024

Polypropylene is a thermoplastic polymer which is prepared by the polymerization of propylene. Catalyst plays a very important role in the polymerization of propylene to polypropylene. During the manufacturing of polypropylene, catalyst component is used depending upon the process. The global polypropylene catalyst market is registering a good growth in the recent years, owing to the increasing demand of catalyst to produce polypropylene for further use. Polypropylene is used in a wide range of applications such as food packaging, ropes, plastic parts, textiles, laboratory equipment, automotive components, and others.

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The production of polypropylene is increasing to meet the demand from various industries for different applications including packaging of consumer products, automotive products, textiles, housewares, medicines, tubing, and others. Moreover, polypropylene is one of the most commonly used plastic across the world, hence the demand of the same is increasing, resulting in the growth of the market.

Development of hazard free catalyst with improved properties is the major challenge identified in the polypropylene catalyst market growth. The manufacturers of polypropylene are demanding improved catalysts with better properties for the production of polypropylene.

Propylene prices are highly dependent on the crude oil prices, making it highly volatile, and can also hinder the polypropylene catalyst market growth. Also, the production of propylene is expected to be tighter in the coming years, as very few new projects are commissioned in the recent years, which might not be able to meet the increasing demand of the market. In 2015, the global polypropylene capacity was 72m tonnes per year.

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Asia-Pacific is anticipated to register the highest growth during the forecast period in the polypropylene catalyst market, which is mainly derived by the increasing demand from end-user industries which includes automotive, chemical, packaging, optical, and others. Also, the region is attracting foreign investors, owing to the benefits it offers such as low labor cost, easy availability of raw material, rising urban population, and others.

To enhance the market share in the polypropylene catalyst industry, the companies are adopting various strategies such as acquisitions, expansion, supply contracts, and many others. W.R. Grace & Co., Lyondellbasell Industries, Clariant, Lotte Mitsui Chemicals, Japan Polypropylene Corporation, Toho Titanium, INEOS AG, Sumitomo Chemicals, and Süd-Chemie are some of the key players catalyst for the polypropylene production.

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Global Aerospace Adhesive and Sealants Market Segmentation and Analysis into Recent Trends, Development and Growth by Regions to 2024

Global Aerospace Adhesive Sealants Market.jpeg

Aerospace adhesives are used in the exterior, interior, and engine compartments of aircrafts. The engine contains retaining compounds, thread lockers, hydraulic system thread sealants, and others. Exterior panels includes wing spars, bonded, door moldings, and various others. The global aerospace adhesives and sealants market is expected to witness a significant growth in the coming years, due to the versatility in the application of adhesives and sealants in the aerospace industry. The selection of adhesives is based on the substrates used and requirement of the bond. The most common types of adhesives used in the aerospace industry are structural acrylic, epoxies, anaerobic, and cyanoacrylates.

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Increasing air traffic, growing demand of lightweight materials for aircraft production are the major drivers witnessed in the aerospace adhesives and sealants market, which are contributing in the market growth. The demand of adhesives is increasing in the aviation industry for the construction of light weight aircraft, as adhesives are ideal to connect materials reliably without adding weight. This also helps in reducing the fuel cost and maintains fuel efficiency. Aerospace adhesive solutions are used in various parts such as displays, AC, lights, cockpit doors, fasteners, and others.

High amount of volatile organic compounds in the high performance adhesives and sealants used in the aerospace industry is identified as a major challenge which is expected to hinder the aerospace adhesives and sealants market growth in the coming years. The increasing environment regulations by the government of various countries across the globe may pose as a restraint in the market growth, as it can affect the demand of these adhesives in order to comply with imposed standards.

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Asia-Pacific is projected to be one of the largest and fastest growing markets. This is primarily attributed to the increasing urbanization and growing population in the region. Due to the growing population and rising income, the air traffic of the region has increased significantly in the recent years. Hence, to cater the increasing demand, the production of aircrafts has also been increased, resulting in the growth of aerospace adhesives and sealants market.

The key manufacturers are investing more on research and development to provide aerospace adhesives and sealants which contain less volatile organic compounds and also comply with the specifications by OEMs at the same time. PPG Industries Inc., 3M Company, Huntsman Corporation, Cytec Industries Inc., Hexcel Corporation, Henkel AG and Company, Solvay Group, United Resin Corporation, Royal Adhesive and Sealants, and Beacon Adhesives Inc. are some of the major players operating in the aerospace adhesives and sealants market.

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Sunday, 16 September 2018

Global Dental Adhesive Market Outlook, Size, Status, and Forecast to 2024

Dental Adhesives are water-soluble and non-toxic material which is placed between denture and the tissues in the mouth. This is used to enhance the normal physiological forces which holds denture in place. It helps in reducing the movement and slippage of dentures in the mouth while eating, speaking, laughing, coughing, and other such activities. The global dental adhesive market is registering a good growth in the recent years, due to the rising ageing population, improper food habits in young population, and other factors.

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High cost of dental treatment and the shortage of dental professionals are identifies as the major restraint in the dental adhesive market. The people generally do not tend to spend on dental treatment as this is not considered important in most part of the world. People do not prefer to catch up with dentists unless required, as this considered as added expenditure. Also, high cost related to dental treatment is also hindering the market growth.

The growing numbers of dentists are setting up clinics in developing countries such as China and India in order to meet the increasing demand of dental services. The ever-increasing populations along with increasing dental and oral diseases are encouraging people to choose the profession, resulting in market growth.

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Europe is anticipated to be the largest contributor in the dental adhesive market growth. There are various factors contributing toward the market growth such as rising geriatric population, increasing incidences of dental diseases, growing dental tourism in selected European countries. However, Asia-Pacific is anticipated to register the fastest growth in the dental adhesive market during the forecast period.

Dentsply Sirona Inc., 3M Company, Glaxosmithkline PLC, Ultradent Products, Inc., Procter & Gamble Co. (P&G), Danaher Corporation, Voco GmbH, GC Corporation, Sun Medical Co., Ltd. and Tokuyama Dental Corporation Inc. are some of the key players operating in the dental adhesive market.

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Wednesday, 12 September 2018

Global Elastomeric Sealants Market 2018 : Worldwide Players Sherwin-Williams Company, Henkel Corporation

Sealants are used to block fluids passage through the surface openings in materials. Elastomeric sealants are used for sealing, finishing, and provide surface protection, as they are elastic and flexible bonding materials. The global elastomeric sealants market is witnessing a good growth in the recent years, due to the various benefits it offers over traditional sealants. They provide good flexibility, durability, heat resistance, and adhesions that are essential in different applications such as cladding, roof building, marble works, and others. They can be used in various surfaces such as stone, steel, concrete, and other polymers.

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A regulation related to volatile organic compounds (VOC) content in elastomeric sealants is identified as the major challenge hindering the elastomeric sealants market growth. Department of Environmental Protection has laid down a regulation related to control of VOC compounds from adhesives and sealants. This regulation limits emissions of VOC from sealants, adhesives, and primers. The restriction regarding the use is primarily applied to commercial and industrial applications.

The sealants market is quite fragmented, however there is no consistent industry definition defining what exactly sealant is. Hence, there is a need to achieve a consistent standard for classifying sealants from adhesives and coatings so that it can be effective in achieving growth in the market.

Globally, Asia-Pacific is predicted to achieve the highest growth rate in the elastomeric sealants market in the coming years. This is attributed to the growing application of these sealants in various end use industries. Also, due to increasing population along with shift in manufacturing units from developed countries to the region is boosting the market growth.

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The key players operating in the elastomeric sealants industry are adopting various strategies to expand their footprint in the market such as mergers and acquisitions, expansion, new product development and launches. For example, in 2016, the Dow Chemical Company launched three silicone elastomeric sealants which can be used in numerous industries that includes construction, automotive & transportation, and electronics, among others 3M Company, Arkema Group, PPG Industries Inc., The Sherwin-Williams Company, Henkel Corporation, H.B. Fuller, KCC Corporation, RPM International, Sika AG, and DowDuPont Inc. are some of the key players operating in the elastomeric sealants market.

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Global Industrial Boiler Market Consumption and Volume List by Application and Size Till 2024

Boilers are closed vessels which are used to store water inside it. In the heating system, a furnace is required to heat the boiler, wherein fuels such as coal are used for heat generation. The heated air comes in contact with the vessel, where convention takes place and heats the water inside a vessel. This heated water produces steam. The vaporized or heated fluid then used for various heating applications including water heating, sanitation, boiler-based power generation, and others.

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High research and development investment, high cost of installation and replacement cost, and strict emission standards are the major challenges identified in the market growth. The high installation and replacement cost can pose as a restraint in the industrial boilers market growth, as the cost of replacing a standard gas boiler is almost $4,000, where a high efficiency model can cost about $7,500. The average cost of installing a boiler $4,889 which includes boiler cost, labor cost, and other costs.

The industrial boilers market is fragmented with a high competition in the market, increasing the rivalry among competitors or key players in the market.

Asia-Pacific is anticipated to register the highest growth in the coming years and register the highest CAGR during the forecast period in the industrial boilers market. This is attributed to the rising industrialization in the emerging countries such as India, China and other Asian countries. The region is one of the major consumers of boilers in the market that are used in chemical, food, refining, and metal and mining industries.

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The major players in the operating in the industrial boilers industry are planning capacity expansion in the recent years to meet the increasing demand of end-user industries. General Electric Company, Siemens AG, Bharat Heavy Electricals Limited, Harbin Electric Corporation, IHI Corporation, Dongfang Electric Corporation Ltd., IHI Corporation, Thermax Limited, AMEC Foster Wheeler PLC, Mitsubishi Hitachi Power Systems, and AC Boilers S.P.A are some of the major players operating in the industrial boilers market.

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Global Mirror Coatings Market – Analysis and Forecast 2018-2024 - Industry Insights by Resin Type Polyurethane, Epoxy, Acrylic, by Technology

Mirror coatings are used to create effects on spectacle lenses ranging from light shimmer to a total mirror coating. These coatings are created by vacuum deposition of interference layer and can be obtained by constructive interference. The perceived intensity of the coating on the mirror is dependent on the basic tint of the lens. The global mirror coatings market is registering a significant growth in the market, owing to the increasing use of mirrors in various end-user industries and applications, as mirrors has become an integral part in various applications such as automotive, transportation, housing and others.

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Rising demand of mirrors in construction industry, increasing demand of these coatings in solar power industry are the major factors which are driving the mirror coatings market growth in the recent years. The demands of mirrors are increasing significantly in the construction industry, owing to the increasing demand of more decorative buildings. Hence the increasing demand of mirrors is driving the coatings demand, contributing towards the market growth.

High cost of silver coating used in the mirrors is identified as a main factor which could potentially affect the mirror coatings market growth. The cost of silver coatings is comparatively on the higher side. However silver coating based mirrors are preferred in the cosmetics industry as they provide warmer image as compared to aluminum mirrors.

The mirror coatings market in Asia-Pacific is projected to register the highest growth in the global market, which can be attributed to the growing and expanding construction industry in the region, owing to meet the demand of increasing population. Along with that, the rising automotive industry in the region, particularly in countries such as China, India, Japan, and others is contributing towards the market growth in the region. The growth in these industries is driving the mirrors demand, eventually driving the coatings demand used in these mirrors for further use.

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Various players are investing in the market in order to capture the market in an efficient manner by providing innovative solutions and products to the consumers. Arkema Group, The Sherwin-Williams Company, Vitro, S.A.B. De C.V., Fenzi, Ferro, Tianjin Xin Lihua Color Materials Co., Ltd., Casix, Vitro, S.A.B. De C.V., Pearl Coating, and Mader Group are some of the key players operating in the mirror coatings market.

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Global Secondary Refrigerants Market 2018 Analysis – Hudson Technologies, The Linde Group, Eastman Chemical Company

Globle Secondary Refrigerants Market.jpg

Secondary refrigerants are the fluids that are used to transfer heat from a substance which is being cooled by heat exchanger. After being cooled, the liquid is transferred through a series of pipes to the cooling load location, which is then returned to repeat the whole process. The secondary coolant circulates through a cooling system and cooled in a heat exchanger. They are generally non-toxic in nature in small amounts; however large amounts should be disposed in a proper manner.

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The rapid industrialization, low environment impact, growth in oil and gas industry, expansion of the global cold chain market, and phasing out of chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCS), and other refrigerant are the major factors driving the secondary refrigerants market growth. The governments of various countries are aiming to phase out CFCs, HCFCs, and other similar refrigerant to protect the ozone layer, which are causing major harm to the layer and contribute to climate change. For instance, in 2010, the U.S. has already banned the production, import and use of HCFC, except for servicing needs of already existing equipment.

High investment at the initial stages is identified as the major challenge in the secondary refrigerants market. For example, supermarkets are using carbon dioxide as a refrigerant due to their high energetic efficiency. However, the installation cost may become higher due to high pressure of carbon dioxide.

The secondary refrigerants market is highly fragmented, where major players are using various strategies such as merger, expansion, new launches, partnerships, and others to expand their footprints in the market.

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Europe is the largest consumer of these refrigerants and expected to witness the considerable growth in the secondary refrigerants market in the coming years. This is attributed to the recent plans in Europe to phase out F-gases, which is expected to reduce the use of HFC gases at a significant rate. The authorities are pushing the users to switch from primary refrigerants to protect the environment, resulting in increasing demand of these refrigerants in the region.

Honeywell International Inc., Arkema Group, Daikin Industries Ltd., Hudson Technologies, The Linde Group, Eastman Chemical Company, Hydratech, Environmental Process Systems Limited, A-Gas International, Tazzetti S.P.A, and Temper Technology Ab are some of the key players operating in secondary refrigerants market.

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Global Textile Dyes Market 2018: Innovations, Product Launches, Market Dynamics, Recent Industry Activity & Focus on Key Players

Dyes are the coloring material that is used to color commodities. The textile industry used different chemicals and dyes during the textile production. Textile dyes are used in textile industry, which is the process of adding colors to the textile products which includes wool, silk yarns, fabrics, and others. These dyes are applied to textile by dyeing using dye solutions and by printing using dye pastes. The dye use depends upon the type of material along with some specific requirements which has to be met. There are various factors which need to be considered during the selection of dye such as fastness to light, process cost, reaction to washing and rubbing, and others.

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Environment impact of dyes and stringent government regulations are the major challenges identified in the textile dyes market, which can potentially hinder the market growth in the coming years. There are various environmental impacts of these dyes, and the government of various countries has imposed various regulations related to residue in water-streams, air pollution, and others. For instance, the government of India has banned certain azo dyes, as they are suspected to be carcinogenic and the presence of harmful chemicals including formaldehyde and certain metals. Hence, these stringent regulations laid by authorities, particularly by North American and European countries are expected to hinder the textile dyes market growth.

Textile sector is among the major consumer of dyestuff; however it is one of the most unorganized and fragmented market, which makes it difficult for players to compete and retain their share in the market.

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Asia-Pacific is anticipated to achieve the highest growth in the textile dyes market during the forecast period. This can be attributed to various factors such as low labor cost, east availability of raw material, less stringent rules and regulations, growing population, and others. Along with that, the growing and strengthening economies of China and India are also adding to the market growth, as both the countries are attracting significant investment from international players, resulting in the region’s textile dyes market growth.

Huntsman Corporation, Atul Ltd., Lanxess AG, Colorant Limited, Kiri Industries Ltd., Zhejiang Longsheng Group Co., Jay Chemical Industries Limited, Sumitomo Chemical Co., Ltd., DowDuPont Inc., Organic Dyes and Pigments LlC, and Avocet Dye & Chemical Co. Ltd. are some of the major players operating in the textile dyes market.

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Global High-performance Adhesives Market Outlook, Size, Status, and Forecast to 2024

High-performance adhesives are used in various markets and applications such as label and tape, medical packaging, building and construction, transportation, and others. The global high-performance adhesives market is expected to register a significant growth during the forecast period, due to its superior properties and ability such as, it can bond to unique and difficult substrates, withstand harsh environment conditions, enhance overall product durability, and others. Also, this market is expected to provide various growth opportunities to the whole ecosystem and hence projected to register a healthy growth in the coming years.

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The major factors responsible for driving the high-performance adhesives market are the increasing demand of these adhesives in developing countries and advancement in medical device manufacturing. The demand of these adhesives such as UV-curable and cyanoacrylic are increasing in medical device manufacturing which includes catheters, syringes, IV delivery systems, hearing aids, silicone rubber components, and others, resulting in market growth.

Fluctuation in raw material prices and stringent regulatory policies are among the major challenges restricting the high-performance adhesives market growth. High crude oil prices are expected to affect the prices of raw materials of adhesives and sealants. Also, the crude oil prices are highly volatile in nature, which could also create fluctuations and uncertainties in the market, restraining the market growth.

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Asia-Pacific is expected to remain the largest and fastest growing region in the high-performance adhesives market, which is attributed to the increasing automobile production along with the rising adoption and increased acceptance of these advanced adhesives. Along with that, the high economic growth, cheap labor availability, growth in manufacturing industry, shift in production sites/facilities from developed to developing countries are among the major factors contributing towards the region’s growth.

3M Company, Sika AG, H.B. Fuller, Huntsman International Inc., Avery Dennison Corporation, Pidilite Industries Limited, Ashland Inc., Henkel AG & Co. KGaA, Lord Corporation, Mapei Corporation, Illinois Tool Works Inc., Bostik, Hernon Manufacturing, Inc., and Hexcel Corporation are some of the key players operating in high-performance adhesives industry.

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Tuesday, 11 September 2018

Global Pressure Sensitive Adhesive Tapes Market 2018 Growth Factors – Industries Inc., Saint-Gobain Performance Plastics, Dermamed Coatings Company

Pressure sensitive adhesive tapes are the continuous flexible strip of cloth, metal, paper, or plastic coated on both sides with a permanent adhesive at room temperature that will adhere to the variety of surfaces with finger pressure without changing the phase. They are generally available in roll form. The global pressure sensitive adhesive tapes market is experiencing a good growth in the market and expected to witness the same in the coming years, which can be attributed to its increasing use in the end-user industries, due to the advantages it offers such as high heat resistance, good adhesion to metals, and others.

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The major factors driving the pressure sensitive adhesive tapes market are the increasing adoption due to easy applicability, increasing demand from end-user industries, and high demand from developing countries. The demand of these tapes is increasing in various end-user industries such as medical, automotive, electronics, and others. This is due to the various advantages these tapes offers such as reduce assembly line, lightweight material, eliminates the need of surface refinishing, eliminate visible mechanical fasteners, provide uniform thickness, and various others.

The pressure sensitive adhesive tapes market growth is restrained by the rising price of raw material prices and the changing regulations to reshape the pressure sensitive adhesives tapes market. The rising cost of raw materials that are used in the formulation of these tapes for the tape industry are expected to bring uncertainty in the market, which can hinder the market growth in the coming years. The basic formulations used in the industry are polymers and tackifiers among various other additives.

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Asia-Pacific is expected to register the highest CAGR in the pressure sensitive adhesive tapes market during the forecast period, which can easily be attributed to the increasing demand and use of these tapes in the end-user industries. Also, the demand is significantly increasing from the countries such as India, South Korea, China, and others to fulfill the need of rapidly expanding industries in the region.

Adchem Corporation, Advance Tapes International, Adhesives Research, Inc., Berry Plastics Corporation, Dewal Industries Inc., Saint-Gobain Performance Plastics, Dermamed Coatings Company, LLC, Mactac, LLC, Wuhan Huaxia Nanfeng Adhesive Tapes, and Canadian Technical Tape Ltd. are some of the key players operating in the pressure sensitive adhesive tapes market.

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Monday, 10 September 2018

Global Battery Electrolyte Market 2018 | Industry Size, Share, Growth Analysis and Future Forecast 2024

A battery is a product which transforms stored chemical energy directly into electrical energy. The main components of battery are anode, cathode, and electrolyte. Batteries use electrolyte as the chemical source for the electricity production. Electrolyte is substance which releases ions when dissolved in solvent or liquid. The battery electrolyte market is progressing at a good rate in the recent years, and anticipated to register a significant growth during the forecast years.

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Expensive electric vehicles as compared to conventional crude vehicles and lack of efficient recycling technologies for battery materials are the major challenges that are expected to hinder the battery electrolyte market growth. The electric cars are more expensive than conventional cars, and the cost is mainly comes from battery. Raw materials used in the battery and the expensive processes involved in battery production further add up to the battery cost, hindering the market growth. However, innovative battery materials with a high energy density and improved production processes could possibly be able to cut down the cost in the coming years.

Regulations over carbon emissions, safe disposal, use of lead, and renewable energy usage targets around the world are providing substantial boost towards new product development initiatives in battery electrolyte market.

Asia-Pacific battery electrolyte market is expected to account for the largest share in the market. The major market growth is attributed to the increasing demand from end-user industries which include energy storage, electric vehicles, portable consumer electronics, and others. Along with that, the increasing number of telecom towers and rising electrification in the countries such as India are also driving the market growth in the region.

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Key companies are adopting various strategies such as acquisitions, expansions, mergers, research and development, and joint ventures in order to meet the increasing demand for battery electrolyte and also to expand their market presence and footprint. Some of the key players operating in the global battery electrolyte industry are Mitsubishi Chemical Corporation, Shenzhen Capchem Technology Co., Ltd., Ube Industries, Johnson Controls, Guangzhou Tinci Materials Technology Co., Ltd., 3M Company, BASF SE, LG Chem, American Elements, and GS Yuasa Corporation.

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Global Cathode Material Market 2018 Competitive Analysis – BTR New Energy Materials to 2024

A battery is a product which transforms stored chemical energy directly into electrical energy. The main components of battery are anode, cathode, and electrolyte. In this, cathode is the electrode from which a conventional current leaves a polarized electrical device. It is a negative electrode in an electrolytic cell which attracts the positively charged particles is attracted. The cathode materials market is witnessing a decent growth in the recent years, and anticipated to register the good growth during the forecast years.

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The increasing penetration of electric vehicles, growing demand of consumer electronics, and the growing investment in renewable energy storage are the major factors driving the cathode materials market growth. In government and authorities of various countries in North America, Europe, and few Asian countries have started providing subsidiaries to the electric vehicle manufacturers, in order the promote the use of electric vehicles to protect the environment from emission.

The stringent safety regulations for batteries through storage and transportation are anticipated to pose as a challenge in the growth of the cathode materials market during the forecast period.

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Asia-Pacific cathode materials market is expected to account for the largest share in the market. The major growth drivers are the increasing demand for battery energy systems and increasing consumers of batteries in automobiles, industrial, and portable devices in the developing Asian countries. Additionally, the shifting preference of the consumers from fuel energy to battery energy to deal with CO2 emission regulations is also driving the market growth in the region.

The competitive landscape for cathode materials market is marked by presence of established large players and small scale players. Some of the key players operating in the global cathode materials industry are Advanced Lithium Electrochemistry Co., Ltd., BASF SE, Targray, NEI Corporation, 3M Company, Mitsubishi Chemical Holdings, Hitachi Chemical, Sumitomo Corporation, Hunan Shanshan New Material Co., Ltd., Hunan Reshine New Material Co Ltd Ltd., Pulead Technology Industry Co., and Umicore.

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Global Condensing Units Market 2018 Effect and Growth Factors Research and Projection upto 2024

Condensing unit is another name for the outdoor HVAC unit. These units can either be an air conditioning unit or a heat pump. These are temperature-control devices in air conditioners, refrigerators, heat pumps, and chillers. They move energy in the form of heat by compressing a gas and then pump it through a system of coils, further, using the coil to heat and cool spaces.

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The major challenge identified in the condensing unit market is the strict regulations regarding the usage of refrigerants in condensing units. In the recent years, the U.S. Department of Energy (DOE) issued various regulations affecting HVACR equipment manufacturers and they have to adapt these regulatory changes that affect both efficiency requirements and refrigerants. For instance, the F- gas (HFCs, PFCs and SF6) regulation has been revised in 2015 by European Union (EU) Commission for restricting rising emissions that might restrain the condensing unit market.

The condensing unit market is highly fragmented and competitive. The companies are struggling because of the lack of service differentiation, customer loyalty, and market growth. The customers in the market are demanding more transparency and efficient delivery.

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Globally, Asia-Pacific is expected to register the fastest growth in the condensing unit market during the forecast period. The factors contributing in the region’s growth are the growth in chemical and power industries. Also, the increasing demand for food processing and storage facilities is also contributing towards the market growth in the region. In Asia-Pacific, China is the largest consumer of these units, owing to the increasing population, which is resulting in increasing demand of these units in order to meet the demand.

Emerson Electric Company, Danfoss, GEA Group, Carrier Corporation, Heatcraft Worldwide Refrigeration, Baltimore Aircoil Company, Officine Mario Dorin, Bitzer, Blue Star, Voltas, Advansor, and Daikin Applied are among the major players operating in the condensing unit market.

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Friday, 7 September 2018

Global Industrial Gaskets Market Professional Survey Report 2018|Forecast Period: 2018-2024 | VynZ Research

Gasket is a mechanical seal that are used to fill the space between two or more than two mating surfaces. It is used to prevent leakage from the joined objects when they are under compression. It is commonly produced from sheet materials by cutting. Gaskets are generally made from flat materials which include a sheet, from rubber, paper, silicone, cork, felt, metal, nitrile rubber, fiberglass, and others. The industrial gaskets market is anticipated to register a good growth during the forecast period. This is attributed to its wide application in different end-user industries including power, oil and gas, chemicals, and others.

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The major factors that are driving the industrial gaskets market growth are wide application range of these gaskets in various end-user industries, stringent governmental regulations to control leakage in order to prevent environmental damage, and increasing demand from oil and gas production related facilities. The application of these gaskets are increasing in various industries due to its superior properties such as, their resistance to chemicals, alkaline, acids, and others; resistance to extreme temperature; resistance to extreme pressure; resistance to withstand different environments, and others, resulting in driving the industrial gaskets market growth.

The major challenge identified in the market is the volatility of raw material prices. The principal raw materials required are mild steel sheet, asbestos sheet, and copper sheet. The material cost depends on the number of factors which includes material formulation, material production, material quality, material availability, and others. Hence, the fluctuating cost of raw material is one of the major challenges the industrial gaskets market is facing.

The players in the industrial gaskets market are adopting organic and inorganic growth strategies to strengthen their position and to expand their market share. The manufacturers are investing heavily on research and development to enhance their product portfolio and to gain competitive edge in the market.

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Globally, North America is the most dominant market and account for the largest share in the industrial gaskets market. The growth of the region’s market is mainly attributed to the growing demand of gaskets in end-user industries such as power, chemical, oil and gas, and other industries. However, during the forecast period, the Asia-Pacific is projected to register the fastest growth in the market, owing to the increasing power production in the region in order to meet the increasing power demand.

Some of the major players operating in the industrial gaskets industry are Klinger Limited, Garlock Sealing Technologies, Spira Power, Hennig Gasket & Seals Inc., Denver Rubber Company, Goodrich Gasket Private Limited, Amg Sealing Limited, Oman Gasket Factory, Gasket Manufacturing Company, Phelps Industrial Products, and Leader Gasket Technologies.

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Global Metal Injection Molding Market 2018 | Status and Forecast(2018-2024)

Globle Metal Injection Molding Market.jpg

Metal injection molding is a metalworking process, where fine-powdered metal is mixed with binder material to produce feedstock. This feedstock then shaped and solidified using injection molding process. This process allow high volume and complex parts to be shaped at one go in a single step. The metal injection molding market is witnessing a decent growth in the last few years and anticipated to register a significant growth during the forecast period. This is attributed to the increasing demand of complex metal injection molded parts from different end-user industries including automotive, electronics, industrial, consumer products, and others.

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The major challenge identified in the metal injection molding market is that the process is expensive for small production capacities. The parts that are one to one manufactured using this process are always be more expensive as compared to traditional process which is expected to hinder the market growth. However, the productions in large volume batches are always cost-effective using this process.

The metal injection molding is a four step process comprises of preparation of feedstock (metal powders and a thermoplastic binder), injection molding, binder removal, and sintering (elimination of most of the pore volume formerly occupied by the binder).

For few applications which include automotive, medical and aerospace sectors, hot isostatic pressing (HIP) can be used to remove any residual porosity.

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Globally, Asia-Pacific is expected to dominate the metal injection molding market, owing to the increasing demand from automotive industry along with the rising demand of miniaturization of consumer electronics for complex and small metal injection molded parts. Additionally, rapid industrialization and technological advancement are also expected to fuel the market growth in the coming years.

Various companies operating in the metal injection molding industry are undertaking strategic initiatives to gain a competitive edge, which is likely to drive investments in the market over the forecast period. GKN Plc, Dynacast, Dean Group International Ltd., Britt Manufacturing, Cypress Industries, Sintex, Indo-MIM Pvt. Ltd., CMG Technologies, Real Technik AG, and ATW Companies are among the major players operating in the metal injection molding market.

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Friday, 7 September 2018

Global Industrial Gaskets Market Professional Survey Report 2018|Forecast Period: 2018-2024 | VynZ Research

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