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Showing posts from August, 2017

Nonwoven filter media market projections for upcoming years!

Nonwoven filter media consists of randomly arranged synthetic fibers which are used for filtration or separation. Nonwoven filter media have a porous nature and their filaments are bonded together through various treatments such as mechanical, thermal and chemical. Nonwoven filter media are commonly known as felts, especially in the textile manufacturing industry. Few of the important properties exhibited by nonwoven filter media include high strength, thermal insulation, pore size distribution, absorbance, liquid resistance and anti-microbial. Owing to these features, nonwoven filter media are extensively used in end-user industries such as oil & gas, coffee & tea, pharmaceutical, automotive and waste management. Various synthetic materials used for making nonwoven filter media include rayon, polyethylene terephthalate and polypropylene. Based on the kind of treatment and application of binder during manufacturing, the nonwoven filter media are generally classified as ...

Surface disinfectant market - Increasing acceptance of importance of hygiene and cleanliness

The frontrunners in the global surface disinfectant market, according to a report by Transparency Market Research (TMR), are Procter & Gamble, Johnson & Johnson Services Inc., Henry Schein, Kimberly-Clark, 3M, and DuPont. Some other key players that largely operate in regional markets are GOJO Industries, Clorox, Cantel, and Ecolab. According to the TMR report, the global surface disinfectant market is expected to expand at a healthy CAGR of 10.4% between 2016 and 2024. If the figure holds true, the market which stood at US$802.9 mn in 2016 will become worth US$1.77 bn by 2024. Sodium Hypochlorite-based Products to continue to stay in Demand By product, sodium hypochlorite-based surface disinfectants hold the leading market share in terms of volume, followed by phenol-based products. The low price factor along with relatively stable nature of sodium hypochlorite-based products account for their leading share in the market. On the other hand, quaternary ammoniu...

Ferroalloys market - Global industry analysis and forecast 2017 - 2025

A fresh intelligence study by Transparency Market Research (TMR) reports that the global ferroalloys market is highly fragmented among a vast number of small, medium, and large scale manufacturers, and the chances of a certain company to gain dominance in the near future are slender. Some of the companies identified by the report who are currently holding respectable positions in the global ferroalloys market are: ArcelorMittal, OM Holdings LTD, Sakura Ferroalloys, Pertama Ferroalloys, Tata Steel, NikoPol Ferroalloy Plant, Gulf Ferroalloys Company, BAFA Bahrain, Brahm Group, China Minmetals Corporation, Shanghai Shenjia Ferroalloys Co. Ltd., Ferroalloy Corporation Limited, MORTEX Group, Vale S.A., Georgian American Alloys, SAIL, and OFZ S.A. Most of these companies cater to various engineering sectors such as automotive, railways, and tubes. As per the projections of the TMR report, the demand in the global ferroalloys market will increase at a CAGR of 5.9% during the forecast p...

Vinyl acetate monomer market lucrative segment due to industry demand 2020

The global market for vinyl acetate is prognosticated to undergo a healthy rise, owing to its multitude of applications in a variety of industries such as automotive, construction, furniture, paints & coatings and packaging. The vinyl acetate monomer (VAM) is largely used as a catalyst during the production of various homopolymers and copolymers, such as polyvinyl alcohol, ethylene-vinyl acetate, and polyvinyl acetate among others. It is a primary component used in the manufacture of coatings, paints, emulsions and adhesives.  The growing demand for furniture and construction, along with paints and adhesives, is expected to play a significant role in uplifting the market. The demand of ethylene vinyl alcohol copolymer (EVOH) in food packaging is witnessing a phenomenal growth due to the unprecedented boost to the food and beverages industry. Over the forecast period, this segment is likely to showcase greater market opportunities. Photovoltaic cells require the use of eth...

Lightweight materials market upcoming trends from transportation sector by 2020

Participants in the global lightweight materials market collaborate to develop finished products. Some of the savvy companies are now focusing on the development of new products for the aerospace industry which generates a lot of demand. At the forefront of driving growth in the lightweight materials market is the booming transportation sector. This is because, lightweight materials, namely aluminum, titanium, and composites help in increasing payload capacity and also enhance energy efficiency in aircrafts, thereby generating increased revenues for airlines. Because of the energy efficiency they accord, lightweight materials are seeing increased uptake as they serve to bring down carbon emissions from vehicles and aircrafts, thereby contributing to the environment. One factor posing a challenge to the global lightweight materials market is their steep price. Traditional materials such as steel cost much less. A report by Transparency Market Research (TMR) forecasts the glo...

Chitosan market - Propelled by rapid increase in water treatment applications

Extensive application of chitosan as adsorbents and flocculants in wastewater treatments, including removal of pollutants industrial and municipal wastewaters, is a key factor driving the market. Several attractive characteristics such as hydrophobicity, and biocompatibility, biodegradability make the use of chitosan biopolymer preferable to polysaccharides. Various specific modifications possible with its chemical structure make it widely popular in a variety of value-added applications such as biomedicine, foods and beverages, pharmaceuticals, and cosmetics. This has led to a steady evolution of the market in the recent years. Rapidly emerging applications of chitosan nanoparticles as potential drug delivery agents are unlocking exciting opportunities for market players. Several clinical studies focus on investigating the efficacy of chitosan derivatives in medical sciences have further expanded their applications. This is also unlocking a number of exciting application are...

Roofing underlying materials market research reports and trends 2024

After the rough development period because of the economic meltdown of 2008 that was experienced by the developed economies all across the world, the need for a wide range of materials for roofing underlying has gained positive traction. The global roofing underlying market is on the brink of a major transformation as the developing nations are occupying key positions in the market. The boom in construction industry and consistent rise in new construction projects in the developing regions are also expected to play a significant role in the development of the global roofing underlying materials market. On the other hand, the market growth in the established economies is projected to be stimulated by increasing activities of refurbishing and maintenance. The global roofing underlying materials market stood at the overall valuation of US$27.99 bn in the year 2015. Over the course of the mentioned forecast period of 2016 to 2024 the global market for roofing underlying materials i...

Polyethylene terephthalate market- Wins high profit margins with 100% recyclable PET packaging

The global polyethylene terephthalate (PET) market has been predicted by Transparency Market Research (TMR) to bear a significantly fragmented characteristic due to the presence of several industry players. According to a market research publication penned by TMR, five companies, viz. DAK Americas, Octal, Jiangsu Sanfangxiang, M&G Chemicals, and Indorama Ventures, had secured an aggregate approximate share of only 39.0% in the recent 2015. In the next few years, the market could testify an intense level of competition due the enormous count of PET resin suppliers and low switching expenses. As per the TMR report, the global PET market has been anticipated to earn around US$39.16 bn by 2024 from US$23.73 bn in 2015 at a 5.80% CAGR for the forecast timeframe 2016–2024. By application, beverages could remain as a dominant market for PET. By region, Asia Pacific has been foreseen to rise with a higher share, considering its over 35.0% share achieved in 2015. Obtain Report De...

Thin and Ultra-thin Films - Electronics Stays Dominant with Soaring Expenditure on Electronics

The global thin and ultra-thin films market has been envisioned in a research report, published by Transparency Market Research (TMR), to grip a reasonably consolidated nature. In 2015, three of the leading companies for thin and ultra-thin films had earned a commanding share of nearly 35.5%. Corning Incorporated, Kaneka Corporation, and E.I. du Pont could continue securing this lead in the market while riding on their improved product offerings delivering superior performances. As per the numerical analysis presented in the TMR report, the global thin and ultra-thin films market could rake in an impressive US$115.41 bn by 2024. In 2015, the market had been worth an only US$32.78 bn. This substantial rise of the market has been anticipated to be on the back of a 15.1% CAGR expected to take shape between 2016 and 2024. By end-user segmentation, thin film electronics could draw a significant share of 64.9% by the end of the forecast timeframe. The dominance of this end-user mar...

Water-based coatings market: implementation of stringent government regulations regarding VOC content to work in favor

The global water-based coatings market is led by key companies such as PPG industries, Akzo Nobel, and Sherwin Williams, which accounted for 55% of the market in 2015, states Transparency Market Research (TMR) in its latest study. The report further adds that mergers and acquisitions will be a key strategy for most players. So as to gain competitive edge among other players, leading players will enhance their services such as customer relationships and support services. Vendors in the market are also offering customized colors to their clients and attracting them. As per TMR, the global opportunity in the water-based coatings market will be worth US$80.3 bn by 2024. On the basis of end use industries, the construction industry segment is leading and is anticipated to continue to retain its position for the rest of the forecast period. By geography, the market will witness high growth in Asia Pacific with China leading in the water-based coatings market. The markets for Latin Amer...

Wood coatings market: players bank on product differentiation to grow, finds TMR

Presence of numerous companies makes the global wood coatings market highly competitive. Prominent companies operating in the global wood coatings market show high degree of forward integration, which provides them with a decided competitive advantage. Apart from that, manufacturers are also seen focusing on product differentiation to entice more customers. Some of the key players in the market are BASF SE, PPG Industries Inc., the Asian Paints, Nippon Paints Holdings, the Dow Chemical Company, and Sherwin-Williams Company. The top four companies, namely The Sherwin Williams Company, PPG Industries Inc., Akzo Novel N.V. and RPM International Inc. accounted for almost 60.0% share in the global wood coatings market in 2016. Of them, The Sherwin Williams Company led the market with a majority share of 21.3% in 2016. Browse Market Research Report @  http://www.transparencymarketresearch.com/wood-coating-market.html A noticeable trend in the global wood coatings market is t...