Decorative Coatings Market Phenomenal Growth, Insight and Professional Survey 2023

Decorative Coatings Market Overview to 2023:

Decorative Coatings are widely used as a protectant and colorant for metal, wooden and concrete structures against bleaching, chalking and general deterioration. In the market, Decorative Coatings are available as water borne and solvent borne coatings. These coatings have major applications as enhancing the visual appeal of substrates in coating wall and ceilings, furniture, and wooden flooring of the buildings. Additionally, they are used as coatings for metal objects and plastic materials.

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As per our Analysis, some of the prominent market factors and trends identified in the Global Decorative Coatings Market include rapid rise in human development index (HDI), rising demand for dazzling colors that are in resonance with the environmental regulations and policies, and increasing expenditure on construction activities. Moreover, demand for decorative coatings is predicted to witness significant growth over the assessment period due to the surging population. Rising population and necessity to lodge the expanding population across the globe is anticipated to be an important driver for Decorative Coatings Market during the review period. Increasing renovation and colorants customization along with rising disposable income in the emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023. However, implementation of strict regulations by various government bodies have restricted the use of toxic organic chemicals used in the production of decorative coatings, which is expected to hamper the growth of the market.

Global Key Players:

·         BASF SE

·         PPG Industries Inc. 

·         The Sherwin-Williams Company

·         Akzo Nobel N.V.

·         Asian Paints Limited

·         Kansai Paint Co., Ltd.

·         The Valspar Corporation

·         Arkema S.A.

·         Nippon Paints Co. Ltd

·         Tikkurila Oyj

Regional Analysis:

The Global Decorative Coatings Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding construction industry. The demand for Decorative Coatings is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high adoption rate by the construction industry. Moreover, this region is firmly in the middle of the world’s fastest growing markets and allowed Dubai in particular, to turn itself into a global hub for aviation, tourism and logistics.

North American Decorative Coatings Market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. As of 2016, the U.S accounted for one of the largest global market share in terms of value & volume and is estimated to grow with the moderate CAGR on account of growth in Decorative Coatings application in furniture sector. In Europe, the demand for Decorative Coatings is predicted to grow in various countries such as Italy, Germany, Spain, U.K, France, and Russia on account of increasing expenditure in innovation and growing purchasing power of consumers. Moreover, presence of major Decorative Coatings manufacturers specifically in Germany is expected to give a momentum to the market growth. Latin American countries such as Argentina, Colombia, and Brazil are predicted to experience decline in the Decorative Coatings Market owing to the financial crisis where the regional debts has surpassed their incomes. Asia Pacific decorative coatings market is predicted to grow with the moderate CAGR due to developing construction industry and expanding middle class populace in India and China. Moreover, rising awareness about durable coatings and environmental concerns in various economies of Asia Pacific such as China, India, Malaysia, Thailand, and Japan is expected to raise the demand for ecofriendly based decorative coatings which in turn is predicted to fuel the demand for decorative coatings over the forecast period, 2017 to 2023.

Segmentation:

The Global Decorative Coatings Market is categorized on the basis of type, technology, application, and region. On the basis of type, the market is bifurcated into primer, enamel, emulsion, and others. On the basis of technology, the market is segmented into water borne and solvent borne. On the basis of application, the Decorative Coatings Market is categorized into residential, non-residential and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Intended Audience

• Decorative Coatings Manufacturers
• Traders and Distributors of Decorative Coatings
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

Heptahydrate (Epsom Salt) Market Overview, with Recent Technologies, Applications, Growth, Insights and Status 2027

Global Heptahydrate (Epsom Salt) Market Overview:

Hydrous magnesium sulfate or Epsom Salt or Heptahydrate (MgSO4·7H2O) is a chemical compound which has a broad use in the field of cosmetics, agriculture and medical. It is a colorless crystal with bundle of features in the given segments. The heptahydrate can be prepared by neutralizing sulfuric acid with magnesium carbonate or oxide, but it is usually obtained directly from natural sources. Epsom salt has seen the tremendous growth on the global scale due to the technological advancement. As new companies in the segment of cosmetics, medicines and agriculture are coming into picture, demand for Epsom salt is increasing with tremendous speed. It helps in cure of various daily life problems and diseases for humans as well as in agriculture.

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In planting and other horticulture forms, magnesium sulfate assumes an essential part to right magnesium or sulfur lack in soil. Magnesium sulfate is critical segment of different manures. Magnesium is a vital component in the chlorophyll atom, and sulfur is another essential micronutrient. Magnesium sulfate is additionally powerful in the evacuation of chips. Magnesium sulfate is a successful anticonvulsant drug. Magnesium sulfate is understood for its application as best, minimal effort, and safe treatment accessible for serious pre-eclampsia and eclampsia.
Global Heptahydrate (Epsom Salt) Market: Prominent Market Players

The key players in the market for Epsom salt are:-

• Baymag
• Yash chemicals
• Compo gmbh & co. Kg
• Mani agro chem
• Dalian star grace mining co., ltd
• K+S Ag
• Haviland enterprises, inc
• U.s. Chemicals, llc
• Norag technology, llc
• The chemical co.
• Nutritional supplement manufacturers, inc.

Moving forwards, the report comprises broad analysis of industry overview of Heptahydrate (Epsom Salt) Market which includes market drivers, restrains, opportunities, burning issues, winning imperatives on scale.

This report also covers geographical analysis. Furthermore, the report has been segmented on the basis by application. The Heptahydrate (Epsom Salt) market research report provides detail analysis of market in terms of value market. The report also gives the future outlook of the market till 2021. Moreover, on whole region as well as market share in different countries. Lastly, the report provides company profiles of major players in the market.

Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.

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Insulation Market Evolving Technology, Trends and Industry Analysis & Forecast to 2022

Insulation Market Overview to 2022:

Insulation is required for building purposes as they serve a variety of reasons. Market Research Future, a firm which specializes in market reports related to the Construction sector among others, recently published a report on this market.  The global insulation market will expand at a rapid pace with an increase in revenue and an encouraging CAGR in the forecast period.

As the demand for insulation products rises every day, the market for insulation products is expanding in proportion to meet this demand. With increase in construction activities around the world, the demand for insulation products has increased significantly. Rising costs of energy have also supplemented the growth of the sector tremendously. Factors such as increasing rate of urbanization and need for energy efficiency has further bolstered the growth of the market.

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Top 10 Competitive Landscape

ü  CertainTeed Corporation

ü  Huntsman Corporation

ü  Nova Chemicals Corporation

ü  Dow Building Solutions

ü  GAF Materials

ü  Johns Manville

ü  Owens Corning

ü  Knauf Gips

ü  Bayer AG

ü  Atlas Roofing Corporation

Market Segmentation

The global insulation market has been segmented based on material and application.

By material, the global insulation market has been segmented into fiberglass, plastic fibers, mineral wood, and natural fibers.

By application, the global insulation market has been segmented into residential and non-residential.

Regional Analysis

By region, the global insulation market has been segmented into North America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

APAC is the largest market for insulation. Prolific growth of the construction industry and high focus on energy conservation are driving the market in APAC. The governments in the region have laid down various regulations which encourage insulation in end use applications.

North America is a significant market driven by steady investments in the real estate market and consumer affinity for green buildings. Continuously expanding construction industry and developments in commercial and residential structures in the US fuels the growth of the market. Government focus on conservation of energy has resulted in the development of standards which advocate the use of insulating materials which induce high demand within the market.

Europe too is an important revenue pocket for the global insulation market. The resurgence of construction activities coupled with towering environmental concerns is favoring the use of structural adhesives. Moreover, growing interest in energy saving and increasing investment in commercial and infrastructure construction is also supporting market growth.

Industry Updates

February 2019- Chinese and American researchers have reportedly developed a new variety of aerogel which can be used for insulating applications. The material has robust mechanical and thermal stability as performs exceptionally well in transformation and toughness.

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Liquid Polybutadiene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2023

Liquid Polybutadiene Market Forecast to 2023:

The Liquid Polybutadiene Market is proliferating pervasively mainly due to the use of this chemical in the tire manufacturing sector, worldwide.  Moreover, extensive applications of liquid polybutadiene in various rubber goods other than tires such as conveyor belts, hoses, and gaskets are escalating the market on the global platform.

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Considering the significant traction, the market is garnering currently; Market Research Future (MRFR) in its recently published study report asserts that the global liquid polybutadiene market will garner USD 3,776.5 MN by 2023, registering a CAGR of 4.85% during the forecast period (2018 – 2023). Transportation is a key consumer of liquid polybutadiene that accounts for the significant share of the overall demand for the product.

Liquid polybutadiene also finds its application in the manufacturing of bumpers, side wall of tires, rim cushion, and bead filler among others. Furthermore, it provides excellent electrical insulation and high cold resistance properties by keeping good flexibility at low temperature, which makes it suitable for electrical components manufacturing and as an additive in the plastic production to improve the toughness of plastics.

Additional factors increasing the size of the market include the increasing demand for the product from the transportation & the tire manufacturing sector, and the continually rising demand from the automotive industry. Apart from the tire manufacturing industry, industrial rubber is another substantial application of the liquid polybutadiene that is holding 19% of the market share.

On the other hand, factors such as the stringent environmental regulations regarding VOC emissions, and the demand and supply gap of raw materials required for the production of liquid polybutadiene are some of the significant headwinds impeding the growth of the market. Nevertheless, the rapidly quadrupling consumer electronic market will support the growth of the market.

Global Liquid Polybutadiene Market – Segments

For enhanced understanding, the market has been segmented into three key dynamics: -

By Application  : Tire Manufacturing, Industrial Rubber, Polymer Modification, Protective Films, Chemicals, Coatings, and Adhesives & Sealants among others.

By End-use                          :  Transportation, Construction, and Industrial among others.

By Regions                          : North America, Asia Pacific, Europe, and the Rest-of-the-World.

Liquid Polybutadiene Market Regional Analysis

The Asia Pacific region, heading with the presence of a large number of production facilities dominates the global liquid polybutadiene market. The region also accounts for the largest consumer of this chemical due to the rapid industrialization that occurred over the past few years.

Moreover, factors such as the high demand for liquid polybutadiene led by some of the burgeoning industries such as the construction and automotive and the rapidly developing countries such as India, China, Japan, and South Korea are driving the growth of the market.

Furthermore, the increased production from the new market entrants that are investing in developing new products and application areas for liquid polybutadiene will help the market to garner huge gains. The market in the APAC region is projected to grow at the highest CAGR of 5.34% from 2018-2023, reaching USD 1,483.2 MN by the end of 2023.

The liquid polybutadiene market in the European region accounts for the second-largest market share, globally. Factors such as the rising renovation and upgradation projects in the construction industry and the presence of a well-established automotive industry drive the growth of market massively. Germany among other European countries accounts for the largest as in 29.70% of the market share in the regional market and is expected to remain dominant market throughout the forecast period owing to higher penetration of end-user industries in the country.

The North America liquid polybutadiene market accounts for another significant market, globally. The US dominates the regional market in terms of value and volume. Rapid industrialization alongside the proliferating end-user sectors such as the transportation and construction foster the growth of the liquid polybutadiene market in the region.

Global Liquid Polybutadiene Market – Competitive Analysis

Highly competitive, the liquid polybutadiene market appears to be fragmented owing to the presence of numerous large and small-scale players. The key strategic initiatives traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition, and expansion. Companies are investing in R&D activities for innovations and new product development, brand building, fostering strong relationships with their clients to support their competitive position.

Always looking for a competitive edge, manufacturers operating in the liquid polybutadiene market apply the science and technologies to deliver competitive products faster and more efficiently to customers.  Manufacturers operating in the market strive to deliver high-quality products based on the innovative technology that can improve the manufacturing processes of a business around the world.

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Insulating Glass Market Industry Size, Regional Outlook, Price Trend, Market Share and Forecast 2019-2023

Market Highlights:

Insulating glass is used in office buildings, hotels, hospitals, homes and for those buildings which require large amounts of cooling and heating. Insulating glass are best suited for space where temperature and humidity needs to be controlled. Moreover, Growth of construction industry and government initiatives are some of the factors which driving the Insulating glass market. Awareness about the environment in countries such as China and India lead to the growth of Insulating glass market. The governments of European countries are also supporting the development of energy-efficient green buildings and it is referred as one of the major contributions towards the growth of market.

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Global Key Players:

·         Saint-Gobain

·         Viracon Inc.

·         Guardian Industries Corp.

·         Tower Insulating Glass Inc.

·         Nippon Sheet Glass Co. Ltd.

·         Strathclyde Insulating Glass Ltd.

·         Eco Insulating Glass Inc.

·         Ittihad Insulating Glass Company

·         J E Berkowitz, L. P.

·         Bystronic Lenhardt GMBH

Market Research Analysis:

The Asia-Pacific region held the largest share of the global market. The rising population of the region, with high disposable income, and demand for sustainable construction are contributing to the growth of the market. The glass insulation market in the Asia-Pacific region is also driven by energy efficiency policies implemented by the governments of countries such as China, Japan, and India. Moreover, availability of key raw materials such as glass wool and others are helping this region to grow. On the basis of application, non-residential segment is growing due to the need of controlling temperature. Moreover, On the basis of region, Asia pacific takes the lead as the largest and fastest growing market, followed by Europe and North America. Growing awareness has created an increased demand for Insulating glass market.

Scope of the Report:

This study provides an overview of the global insulating glass industry, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global insulating glass market as application. On the basis of application, it is segmented as residential, non-residential, industrial and others.

Target Audience

• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

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Primer Market | Industry Outlines, Growth, Trends, In-Depth Analysis and Outlook Till 2022

Market Overview:

Market research future published a raw research report on Global Primer Market that contains the information from 2014 to 2022. Global Primer market is expected to grow from 2016 to 2022, and with this it is predictable to cross USD in Billion by 2022.

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Primer is an essential coating for various surfaces that are not water-resistant and are exposed to extreme weather and usage conditions. Another benefit of primers is that they can be used on surfaces that were previously painted or cannot be cleaned and need a fresh paint. Application of primer ensures that fewer layers of paints are needed to get the desired finish. For metal surfaces, the layer of primer helps in reducing or eliminating the damage (corrosion or oxidation) caused when the metal is consistently exposed to moisture. Primers are applied on a plastic surface mostly when its color needs to be changed. Application of primer in this scenario helps reduce the number of layers of paint needed for changing the color.

Increasing demand for high-durability and extended shelf life of finished products which include exterior wall paints, interior wall paints, wood finishes and enamel and ancillary products such as primers, putties etc. augment the market growth. The global primer market is expected to grow in coming time. The market is anticipated to be driven by industries such as automotive, construction, industrial & marine coatings with Asia Pacific being the most influencing market.

Global Key Player:

Ø  BASF Performance Products

Ø  AkzoNobel N.V.

Ø  Asian Paints Limited

Ø  Sherwin-Williams Co.

Ø  PPG Industries Inc.

Ø  Axalta Coating Systems

Ø  The Valspar Corp.

Ø  Kansai Paint Co. Ltd.

Ø  Nippon Paint Company Ltd.

Study Objectives of Primer Market

• To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global primer market
• To provide insights about factors affecting the market growth
• To analyze the global primer market based on various factors - price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by Ingredients, Application, and by Region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global primer market

Target Audience

• Manufactures of end-use industry
• Raw material Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

The report for Global Primer Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

APAC will be the largest market

APAC is expected to lead the market for primers. This growth is majorly attributed to the growing population which in turn has increased the need of vehicles, rapid construction and infrastructure development, increasing disposable income as well as urbanization. It is followed by North America and Europe. These are the matured markets and are expected to grow at steady rate over the forecasted period.

This research report has provided the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global primer market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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Caprolactam Market: Share, Industry Size, Growth, Opportunities & Forecast till 2022

Caprolactam Market – Overview:

Caprolactam are predominantly utilized in number of end use application such as textile stiffeners, textile yarns, synthetic leather, plastics, film coatings, plasticizers, and others. Caprolactam market is estimated to witness moderate growth owing to their broad range of application usage specifically in textile and automotive. Furthermore, caprolactam is used to produce nylon 6 which is further utilized in automotive and construction sector. Moreover, rising per capita disposable income along with increasing vehicle production and sales in emerging economies is estimated to drive the market growth. In addition, growing building & construction activities in developed and developing economies is estimated to propel the growth of the market. Furthermore, increasing demand for light weight automotive parts along with high adoption rate in end use industries is expected to fuel the growth of the market over the forecast period.

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Geographically, Asia Pacific emerged as the largest market for caprolactam in 2016, followed by Europe and North America. The North American caprolactam market is estimated to witness steady growth with a moderate CAGR over the forecast period owing to robust growth of textile and sports industry combined with rising maintenance activities in this region. In North America the market is further classified into Canada and the U.S., among them the U.S. emerged as the leading market and accounted for more than half of the total regional market share of caprolactam due to strong adoption rate from textile industry. Asia Pacific is predicted to witness tremendous growth over the assessment period, during 2017 to 2023. The demand for caprolactam is expected to raise in numerous developing and developed countries of Asia Pacific such as China, India, Japan, Singapore, Australia, Taiwan, Malaysia, Thailand, and South Korea on account of increasing population along with shifting of manufacturing unit for many key market players in this region. In Europe, caprolactam market is foreseeable to register above average growth due to shifting consumer preference towards the caprolactam based sporting material combined with the strong presence of automotive manufacturers specifically in Germany, Italy, U.K., Spain, Russia, and France. In addition, numerous countries of Latin America and the Middle East & Africa are estimated to witness average growth in caprolactam due to rising per capita disposable income coupled with growing sales of passenger cars specifically in Argentina, Brazil and Mexico rising construction activities in Saudi Arabia, Kuwait, Qatar, and the UAE.

Global Key Player:

·         China Petroleum & Chemical Corporation

·         BASF SE

·         Honeywell International Inc

·         Kuibyshevazot Ojsc

·         Lanxess Ag

·         Royal DSM N.V.

·         Shandong Haili Chemical Industry Co. Ltd.

·         Sumitomo Chemical Company Limited

·         UBE Industries

·         China Petrochemical Development Corporation (CPDC)

Industry/ Innovation/ Related News:

January 2018- Genomatica, a U.S. based organization established an agreement with Aquafil, an Italian based manufacturer to develop sustainable caprolactam genomatica. This company aims to offer environmentally friendly way to produce intermediate with improved economics.

April 2017- LANXESS announced to expand its caprolactam production capacity at its Antwerp plant. The investment will cost around USD 31 million. With this acquisition the company plans to strengthen its integrated production complex for polyamide and precursor for plastics in Antwerp.

October 2016- Fertilizer and Chemicals Travancore Limited (FACT) announced to resume their caprolactam manufacturing to enhance their financial prospects in the coming months. This production plant has a capacity of 50,000 tonnes of the organic compound. This strategic move will help the company to meet the increasing demand of caprolactam in Asia Pacific region.

June 2016- Unipetrol, a Europe based petrochemical organization announced to acquire Spolana, which produces industrial fertilizers, PVC, caprolactam, and other inorganic compounds. This acquisition will help company to optimize their manufacturing function and strengthen its market position across the globe.

Competitive Landscape;

The caprolactam report has analysed the level of competition among the major manufacturers as well as sector growth and market scenario. The global caprolactam market comprised of a large number of suppliers operating in the market which comprises large scale and medium scale manufacturers. The prominent manufacturers of caprolactam as well as medium level producers which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as small level and medium level suppliers belongs to this region specifically from Thailand, India, Singapore, Australia, Taiwan, Malaysia China, South Korea, Bangladesh, Indonesia, and Japan. On the other hand, the major manufacturers of caprolactam is following various strategic plans to improve their product portfolio by set up research and development centres across the various locations in world, strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the key players in this market are growing their production capacity of caprolactam to meet the rising demand for caprolactam across the globe.

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