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Showing posts from 2016

Global Petrochemicals Market: Concerns Regarding Environmental Hazards of Petroleum-based Products to Drive Development of Bio-based Products

The   global petrochemicals market   features a highly fragmented vendor landscape and is intensely competitive, with the top three vendors, namely BASF SE, Sinopec Limited, and The Dow Chemical Company collectively accounting for a mere 20% of the market in 2013, observes Transparency Market Research in a recent report. Operations of these top vendors are spread across the entire value chain in order to gain economies of scale and undertake production at low costs to sustain in the highly competitive market. International firms are adopting the strategy of acquiring the several small manufacturers producing petrochemical derivatives in Asia Pacific and are expanding their existing production and operation bases in the region. ExxonMobil has recently increased the production capacity of its olefins and aromatic units in Singapore. BASF and Sinopec have also invested heavily in Asia Pacific through frequent joint ventures and mergers and acquisitions in the past few years. Req

Elastomeric Coatings Market Coating applications in automotive plastic components, Strongest Demand in Asia Pacific 2024

Elastomeric coatings are generally used to provide tough exterior finish to concrete, metal, and plastic substrates. These coatings are widely applied on masonry wall surfaces and roof tops such as concrete tiles, blocks, stucco, and other exterior insulation finishes. Elastomeric coatings have a greater film thickness in comparison with conventional paints & coatings. Significant elasticity, toughness, flexibility, and surface adhesion are some of the key attributes of elastomeric coatings. These coatings are usually applied as double coats so as to prevent cracking of coating film as well as the substrate underneath. Moreover, elastomeric coatings can be suitably applied on plastic surfaces of automotive body components, as they are highly durable and keep the aesthetics unaltered. Acrylic, polyurethane, polysulfide, butyl, silicone, and vinyl polymers are the key elastomeric coatings available in the global market. Additionally, waterborne, solvent-borne, and high solids

Global Flooring Market: Booming Construction Industry to Ensure Progressive Growth, says TMR

The   global flooring market   is highly concentrated in nature with a few players holding a dominant share in the overall market, states a research report by Transparency Market Research (TMR). The leading players in the market, namely Tarkett Group, Avant Holding GmbH, Gerflor Group, Mohawk Industries Inc., and Armstrong World Industries, are making notable efforts to expand their product portfolio and reach a large number of consumers across the globe. The need for high initial capital investment is one of the key challenges faced by new entrants. In addition, the emergence of cost-effective and eco-friendly substitutes are expected to pose a high threat for the leading players. Nevertheless, the rising number of mergers and the acquisition of small-scale players by prominent players is likely to offer promising opportunities in the coming years. Request for Sample of This Report:  http://bit.ly/2iIwBMK According to the research study by TMR, in 2015, the global flooring

Paints and Coatings Market: Huge Demand Witnessed In the Building & Construction Industry: Market Study Estimated to Grow Strongly by 2019

The huge demand witnessed in the building and construction industry is the chief driver of the global paints and coatings market. This, coupled with the increasing demand for waterborne coatings has enabled the paints and coatings market exhibit strong growth, which is expected to continue through the forecast period between 2013 and 2019. The global paints and coatings market includes various liquid and power-based paints and varnishes. They primarily serve two purposes, vis-à-vis, enhancing look and ensuring protection. A major share of the demand witnessed in the market arises from the buildings and construction segments as paints and coatings are used to protect the surface they are applied on against weathering and rust, thus improving durability of structures. Request for Sample of This Report:   http://bit.ly/2it34mD Transparency Market Research (TMR) forecasts, the global paints and coatings market to exhibit a CAGR of 5.4% between 2013 and 2019. At this pace, the m

Growing Demand for Propionic Acid from Grain Preservation and Animal Feed: Market Opportunity Assessment Study by 2019, TMR

The propionic acid market has been growing at a progressive rate with the rising number of applications across the globe. The increasing research and development activities in this field is likely to accelerate the growth of the overall market in the next few years. The rising applications of propionic acid in the pharmaceutical industry is anticipated to generate promising opportunities in the near future. Key players in the market are focusing on the expansion of product portfolio and innovations, which will supplement the market’s growth in the next few years. According to the research study, in 2012, the global propionic acid market was worth US$908.0 mn and is likely to reach a value of US$1,540.5 mn by the end of 2019. The market is predicted to register a healthy 7.70% CAGR between 2013 and 2019. View Exclusive Global Strategic Business Report:   http://bit.ly/2iDDnDs Expansion of Application Base to Encourage Growth of Global Market The growing demand for propionic ac

Water-borne coatings Market: New Generation of Water-Borne Architectural Coatings with Low VOC: Market Evolving Trends By 2024

Global Water-borne Coatings Market: Outline Coatings that make use of water as a solvent are generally called water-borne coatings. Usage of water as the solvent makes these coatings more environmentally friendly as opposed to other coating systems such as solvent-borne coatings or power coatings that contain volatile organic compounds (VOCs), which are harmful to the environment. Water-borne coatings are employed in end-user applications such as wood coatings, furniture coatings, plastic coatings, and printing inks. Polyacrylate, polyvinyl ethers, or polyurethane resins are generally used as binders in water-borne coatings. Additionally, epoxy and alkyd resins can be formulated for water-borne coating applications. Few of the recent technology advancements in water-borne coatings include core-shell technology, latent crosslinking, 1K technologies that perform similar to 2K, resins with easy-to-clean properties, and resins based on green chemistries. Global Water-borne Coat

Antimicrobial Plastics Market: Additives for Plastics and Polymers Evolving Trends and key Insights by 2019

Repeated use of plastics causes the growth of harmful bacteria and the addition of antimicrobial substances in plastics helps destroy or control this growth. Antimicrobial plastics have many applications and are used in various industries such as building and construction, personal care, healthcare, sportswear, automotive, waste bins, consumer and electronic appliances, and packaging.   The research report studies the structure and elements of the antimicrobial plastics market and offers a comprehensive overview of the global and domestic market segments. It determines the forces that drive and inhibit the growth of the antimicrobial plastics market and evaluates the significance and impact of each. The report also discusses the opportunities available in the market, emerging trends, and profitable segments of the overall antimicrobial plastics market.  View Exclusive Global Strategic Business Report :   http://bit.ly/2iyNW6u Overview of the global antimicrobial plastics ma

Carbon Black Market for Textile Fiber Expected to reach US$964 million by 2019 due to Rising Demand for Synthetic Fibers

According to a recent study released by Transparency Market Research (TMR), the  global carbon black market  for textile fibers is expected to rise at a CAGR of 7.1% between 2013 and 2019 to grow from US$597.2 million in 2012 to be worth US$964.4 million by the end of the forecast period.The research report, titled “ Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 ”, states that customers prefer synthetic textile fibers and polyester fibers compared to cotton, owing to the high cost and low strength of cotton. The declining production of cotton, due to decreasing availability of arable land across the globe, is also making way for expansion of the markets for synthetic and polyester fibers. This shift is expected to drive the demand for carbon black, as it is the prime dyeing substance utilized in the global synthetic textile industry. The market study reports that instability in raw material prices is the main factor that r

Global Bitumen Market to reach US$93.38 bn Driven by Growing Rate of Use in Roadwork Construction

The  global bitumen market  will expand at a CAGR of 3.90% from 2014 to 2020. The market was valued at US$71.44 bn in 2013. It is expected to reach US$93.38 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “ Global Bitumen Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ” is now available on the company website for sale. According to the report, the global bitumen market is primarily driven by the growing rate of use in construction of roadways around the world. The report states that there is a rapid increase in the rate of creation of roadways and other related activities, creating a high demand for the global bitumen market. Polymer modified bitumen, a type of bitumen, is highly preferred due to the advantages it provides, such as high porosity, high skid resistance, and low noise. All three properties are the most sought-after ones in the global roadways industry, giving PMB a

Bio-Based Propylene Glycol: Increasing Petroleum Consumption towards Renewable Chemistry Industries - Market Growth 2016 - 2024

Global Bio-Based Propylene Glycol Market: Overview Propylene glycol has a very high demand due to the significantly high petroleum consumption globally. In addition, propylene glycol can be found in diverse products such as fiberglass resins, foods, antifreezes, cosmetics, and pharmaceuticals. This broad range of applications has a considerable influence on the global bio-based propylene glycol market. The ubiquity of the product augur well for its increasing demand. With the global petroleum consumption increasing by a thousand metric ton every year, the market stands profound chances of exhibiting robust growth over the course of the forecast period between 2013 and 2019. All the recent developments that have occurred in the global bio-based propylene glycol market is accounted in the report. In many ways it is all en-compassing as it compiles detailed assessment of the various factors influencing the market’s trajectory between 2013 and 2019. It provides market insights based