Construction: November 2021

Tuesday, November 30, 2021

Isobutyl Acrylate Market Size, Share, Demand by Segmentation, Top Key Player and Analysis by 2027

Market Overview:

Acrylate is a conjugate ester, salt and base of acrylic acid. Its structural formula consists a vinyl group attached to the carbonyl carbon in acrylic acid. Isobutyl acrylate is one of the esters of acrylic acid. It is a clear colorless chemical compound available in liquid form in the market. Isobutyl acrylate polymerizes exothermically in the presence of heat and light. Isobutyl forms homopolymers and copolymers with acrylic acids, its other esters, and methacrylate. Application of isobutyl acrylates can be found in diverse sectors including construction, paints & coatings, plastics manufacturing, packaging and automotive. It is also majorly used as a feedstock in number of commercial chemical reactions.

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construction adhesives market is anticipated grow at considerable CAGR, which may drive the demand of isobutyl acrylate as an adhesive. Surge in the disposable income of people in developing countries is favoring the growth of major end use industries such as building & construction, decorative, and automobile. This in turn is expected to propel growth of the global Isobutyl Acrylate Market .

Regional Analysis

The major regions in the Isopropyl Acrylate Market are Asia Pacific, North America, and Europe. Other important regions in this market includes the Middle East & Africa and Latin America. Asia Pacific is the largest market among the major regions in the global Isobutyl Acrylate Market . It accounts for ~40% share of the global Isobutyl Acrylate Market .

The major markets in this region are India, China, and Japan. This is attributed to the growing construction activities in developing counties in this region. North America is the significant market in the global Isobutyl Acrylate Market . U.S. is the largest market in this region owing to the established aerospace industry along with the growing reconstruction activities. Europe is following North America in terms of market size it is holding in the global Isobutyl Acrylate Market . Countries namely, U.K., Germany, and France are the leading market in this region on account of the growing automotive and decorative industry. The Middle East & Africa is anticipated to grow at higher rate due to the huge growth and investment potential in this region. Lastly, Latin America may join hand with the leading markets with increasing industrialization and pacifying political scenario of the region.

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Competitive Analysis:

· BASF SE

· Mitsubishi Chemical Corporation

· BAMM

· OSAKA ORGANIC CHEMICAL INDUSRTY LTD.

· NIPPON SHOKUBAI CO., LTD.

· Sigma-Aldrich Co. LLC.

· Solventis Limited

Market Segmentation

The global Isobutyl Acrylate Market is segmented based on application, end use industry, and region. Based on application, the market is divided into adhesives, sealants, coatings, plasticizers, thermoplastics and chemical intermediates. Among these applications, use of isobutyl acrylates as adhesives and sealants is holding major share of overall demand of isobutyl acrylates. The trend of building a sustainable infrastructure in order to conserve the resources would increase the use isobutyl acrylates in construction activities. People are spending a considerable amount on adding decorative value to the commercial and housing buildings, which may drive the demand of isobutyl acrylates for binding decorative materials such as glazing sheets and foils. With rapid industrialization the number of complex and intense industrial process are increasing in bid to diversify the products. This is expected to fuel the demand of isobutyl acrylate in high pressure and temperature adhesive application. Isobutyl acrylates is also used in manufacturing thermoplastics. The global thermoplastic market is constantly heading north on account of its increasing usage in major end use industries such as automotive, construction, medical, and footwear, among the others. Apart from this, chemicals industry is consuming significant share of over isobutyl acrylate demand, wherein isobutyl acrylate undergoes addition reaction with number of organic and inorganic compounds.

Based on end use industry the global isobutyl acrylate is segmented into building & construction, paints & coatings, automotive, plastics, chemicals and others, wherein the major end use industries are building & construction and paints & coatings. Building & construction industry accounts for 35% of the overall demand of isobutyl in its key end use industries. Increasing standards of living mingled with growing disposable income of people in developing countries is favoring the growth of the global Isobutyl Acrylate Market . The decorative materials make considerable use of isobutyl acrylates for binding purpose. Apart from building & construction, paints & coating industry is closely following the same growth trajectory. Automotive industry is leaping constantly owing to an increasing demand of both four and two-wheeler vehicles around the world. The chemicals industry is soaring at higher CAGR in its major regions such as Asia Pacific and North America with the diversification of chemical products to be used in vast number of end use industries such as healthcare, food & beverages, consumer goods and others.

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Industrial Alcohol Market | Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates, Data, and News 2027

Market overview:

Regulatory changes by government in several countries globally which mandate using blend of ethyl alcohol and gasoline are fueling growth of the global Industrial Alcohol Market. Additionally, increasing usage of industrial alcohol including iso-butanol, methanol, and isopropanol across personal care, automobile, and pharmaceuticals are estimated to propel the market growth in the coming years.

The industrial alcohol is a volatile, flammable, and colorless liquid, which has wide applications as biofuel as it is derived from the sources such as corn, grains, and molasses. Surge in demand for fuel coupled with increasing support from governments for using ethanol-mixed fuel is estimated to spur the growth of Industrial Alcohol Market. Additionally, demand for industrial alcohol is increasing as solvent for its excellent properties are driving growth of the global Industrial Alcohol Market.

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Further, the emerging trend of deriving the ethanol and especially for the industrial use from algae and other agricultural waste is estimated to drive the market growth in the coming years. Also, the market for industrial alcohol is expanding on the back of expanding its usage across personal care industry as a sanitizer and cleaning agent across household use as well as several end use industries. This is one of the key factors driving growth of the global market for industrial alcohol. Additionally, increasing penetration of alcohol and especially ethanol as a flavoring agent and food ingredient in the packaged food and pharmaceuticals industry is benefiting growth of the market substantially.

Among influences of crop-based biofuels production and adoption, several European ethyl alcohol organizations are supporting its products by removing the subsidies on crop-based biofuels. The aforementioned factor is likely to benefit the market growth by tracing several opportunities for growth during the estimated time frame.

Competitive Analysis:

Some of the major companies in the global Industrial Alcohol Market include Cargill, Incorporated, BASF SE, Exxon Mobil Corporation, Raizen, Royal Dutch Shell plc, Greenfield Global, Inc., Eastman Chemical Company, MGP, Cristalco, and Green Plains Inc.

Segmentation:

The global Industrial Alcohol Market is segmented based on the application, source, type, and region.

Based on the source, the market is segmented into fossil fuels, corn, sugar & molasses, grains, and others.

Based on the type, the market is segmented into methyl alcohol, ethyl alcohol, isopropyl alcohol, benzyl alcohol, isobutyl alcohol, and others.

Based on the application, the market is segmented into pharmaceuticals, fuel, personal care products, chemical intermediate & solvent, food ingredients, and others.

Regional Analysis:

Regionally, the Industrial Alcohol Market is segmented into the North America, Asia Pacific, Europe, and Middle East & Africa. Of these, North America is estimated to remain dominant in the global Industrial Alcohol Market in the coming period owing to the high demand for the products in the automotive and pharmaceuticals sectors. Among the countries in the U.S. is estimated to be the largest manufacturer and consumer of industrial alcohol owing to strong foothold of key players in the region. Additionally, the Europe is estimated to hold the second leading position in the global Industrial Alcohol Market and is estimated to retain its position during the forecast period.

However, Asia Pacific is estimated to exhibit fastest CAGR during the forecast period owing to rising demand for the industrial alcohol from several end use industries such as pharmaceutical, chemical, among others. Additionally, expanding industries is estimated to benefit the market in the region over the future period.

Industry News:

In 2019, Evonik announced its expansion of its production capacity for the high-purity industrial alcohol at the Marl Chemical Park. This expansion will enable the specialty chemicals to continue building on its position as manufacturer of this product. Such expansion of business and investment in the businesses are estimated to drive the global Industrial Alcohol Market in coming years.

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India Tile Adhesive Market Share, Size, Analysis, Growth, Trends and Forecast by 2030

Regional Analysis:

The Tile Adhesive Market for India is expected to reach USD 136.76 Million till, expanding at CAGR of 9.09 % from 2017-2023. The growth market is attributed to boom in construction activities, growing consumption of ceramic tiles and increasing commercial as well as residential construction activities. Moreover, due to rising disposable income and standards of living of the people in this region there is a growing demand of decorative and aesthetically pleasing tiles in both residential as well as commercial buildings, with uses including flooring, wall coverings, countertops, and among other applications.

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In addition to this, the major player are earmarking significant chunk of their revenue for R&D in tile adhesives. They are inventing new range of products that provides better adhesion and prolonged bonding ability and expanding their manufacturing capacity in order to cater increasing demand of the product. Major players in this market are, Pidilite Industries Ltd., Henkel, Huntsman, Fosroc, Bostik, MYK Laticrete India Pvt Ltd., Mapei Construction Products India Pvt Ltd., Ardex Endura, and Sika India Private Ltd, among others.

Market Research Future will be publishing a Cooked Research Report on “India Tile Adhesive Market” that contains the information from 2016 to 2023.India Tile Adhesive Market is expected to grow with the CAGR 9.09% during forecast period of 2017 to 2023.

Market Research Future (MRFR) recognizes the following companies as the key players in the India Tile Adhesive Market that includes Pidilite IndIndiatries Ltd., MYK LATICRETE INDIA PVT LTD., Saint-Gobain Weber, Fosroc India, BASF India Ltd., Huntsman Corporation, Kajaria Ceramics Limited, Bostik, H.B. Fuller Company, SIKA INDIA, ADREX Group, and Henkel AG & Co. KGaA, among others.

Market Highlights:

Tile Adhesive is a substance that enable the joining of two substrates using adhesion mechanisms (developed between the adhesive and substrate) and cohesive mechanism (developed within the adhesive itself). They have ultimate flexibility, high bond strength, shock & impact and chemical resistance. Tile Adhesives are used to install tiles in residential, commercial and institutional buildings on floors or on walls. The India Tile Adhesive Market is estimated to reach USD 136.76 million by the end of 2023 by growing at a CAGR of 9.08% during 2017-2023. The cementitious Tile Adhesive accounts for the largest share, among the three major types of tile adhesives, owing its comparative low price. Among residential, commercial, and institutional applications of tile adhesives in the India, residential segment is the dominating the market.

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Segment Analysis:

India Tile Adhesive Market is segmented on the basis of type, construction activity, application and region. On the basis of type the market is divided into cementitious tile adhesive, epoxy tile adhesive, and dispersion Tile Adhesive. Cementitious tile adhesive is holding the largest share of the market, in terms of overall demand of tile adhesive in India. The major applications of cementitious adhesive in India is as a wall Tile Adhesive and ceramic floor adhesives. Both water resistant cements and polymer modified cements are suitable for internal and external uses, which is favouring the demand of cementitious Tile Adhesive in this market. The cementitious tile adhesive is estimated to grow at highest CAGR of 9.21% to reach throughout the forecast period. Epoxy Tile Adhesive is another important type of tile adhesive in this market. Its application can be found in projects where it is specified in contracts. It exhibit better adhesion of tile with an increased pigment/binder ratio and to help achieve an increased bonding period. Dispersion adhesives account for nearly 25% share of the overall demand of Tile Adhesive in this market. Dispersion tile adhesive holds least share of demand among the three Tile Adhesive in the India Tile Adhesive Market.

Based on construction activity India Tile Adhesive Market is categorized into new construction and repair & renovation. Among them, new construction segment is holding more than 80% share of the market on account of rising aspirations of large middle income group, changing demographics in India and Government of India's commitment to increase expenditure on infrastructural activities to 10% of GDP in the 12th Five-Year Plan.

Lastly, on the basis of application, India Tile Adhesive Market is segmented into residential, commercial, and institutional, wherein the residential segment is projected to dominate the market over the forecast period. The segment is estimated to reach USD 101.16 Million by value, due to the rapid urbanization and flourishing housing construction activities as the number of ambitious programs launched by the government of India.

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Hot Melt Adhesives Market: Size, Share, Analysis, Latest Updates, Data, and News 2021-2027

Segmental Analysis

The segmentation of the Hot Melt Adhesives Market is carried out on the basis of type, application and region. The Hot Melt Adhesives Market's applications consist of buildings & construction, food packaging, woodworking, general consumer packaging, carton sealing, and others. The type segment of the Hot Melt Adhesives Market consists of polyamide, polyolefin, ethylene vinyl acetate, polypropylene and polyurethane. The regions included in the Hot Melt Adhesives Market are North America, the Middle East, Europe, Asia Pacific, Latin America and Africa.

Market Insights:

The surge in demand for food packaging is estimated to create optimistic development scope in the forecast period. Reports created by MRFR detail the developments in the industry that can be expected in the market through the forecast period. The market is estimated to be spurred by a remarkable CAGR in the forecast period.

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The development of spending power is predicted to empower the demand for electronics, which is estimated to bolster the Hot Melt Adhesives Market share in the coming years. Furthermore, the construction industry's development is estimated to further bolster the Hot Melt Adhesives Market companies in the forecast period.

Competitive Analysis

The market may show restrained development due to the second wave of COVID cases resurgence in several regions. The continuance of lockdowns intermittently in several regions may cause obstacles to the market's development as resources such as labour and supply chains to become seriously impacted. The global market is estimated to see diversification in operating practices as newer models for operation and delivery come into place. The emphasis on creating reserves of resources to deal with unexpected situations is estimated to shape future market developments. The aid from government institutions is estimated to stimulate the global market's development in the coming years. The innovations and research being undertaken in the market are estimated to create promising growth options in the coming period. The reliance on online commerce for sales is estimated to show a significant spike in the forecast period, leading to more investment in its development by market stakeholders.

The foremost companies in the Hot Melt Adhesives Market are the 3M Company (U.S.A), Arkema (France), Henkel AG & Co. KGaA (Germany), Dow Corning Corporation (U.S.A.), Sika AG (Switzerland), R.P.M. International Inc. (U.S.A.), H.B. Fuller Company (U.S.A), Huntsman International L.L.C. (U.S.A.), The Dow Chemical Company (U.S.A.), among others.

Detailed Regional Analysis

The regional overview of the Hot Melt Adhesives Market includes regions such as North America, the Middle East, Europe, Asia Pacific, Latin America and Africa. Throughout the forecast period, the Asia Pacific regional market has been grown at the uppermost CAGR during the forecast period due to increasing use in end-use industries such as woodworking, universal consumer packaging, and electronics. The advancements in the Hot Melt Adhesives Market have pushed investors and builders to shift their focus from water-based to hot melt adhesives due to their dependable and versatile kind. The renowned players in this region are the U.K., Germany, and France due to growing usage in heavy end industries such as automobile, buildings & construction, and defense. In North American countries such as the U.S.A., Canada and Mexico, the Hot Melt Adhesives Market has witnessed enormous growth due to rising need in the packaging segment. The countries such as Uruguay, Brazil, and Argentina in the Latin American region are projected to observe rapid growth in the Hot Melt Adhesives Market due to the rapid manufacture of polyurethane units in heavy end industries.

Industry Updates:

Mar 2021 Danimer Scientific, a principal designer and manufacturer of biodegradable materials, intends to invest USD 700 million in increasing their Bainbridge manufacturing processes, nearly multiplying their workforce in Decatur County in the U.S. The company's renewable and sustainable biopolymers are operated in single-use and other plastic products. These materials are compostable and biodegradable and are used by clientele in industries like bottling, food packaging, and other conventional packaging sectors. Danimer's biopolymers' applications comprise hot-melt adhesives, aqueous coatings, fibers, filaments, films, additives, and injection-molded articles.

Sep 2020 SABA, a global foam bonding adhesive supplier, announced the influx of new hot melt adhesives and presented Sabamelt 4732 to produce pocket coil units. With more hot melt adhesives being introduced later this year, SABA has reiterated its leading position as the solvent-free foam bonding expert.

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High Purity Metal Organics Market Growth, Size, Share, Trends, Demand by Segmentation, Top Key Player and Analysis by 2027

Key Players:

Key players in the global high purity metal organics are Azelis Electronics (France), The Dow Chemical Company (U.S.), Sigma-Aldrich Co. LLC (U.S.), Akzo Nobel N.V (Netherlands), American Elements (U.S.), Triveni Chemicals (India), Evans Fine Chem. (India), Albemarle Corporation (U.S.),

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Asia Pacific is the estimated to be the fastest growing region among the others such as North America and Europe. It accounts for 40% of share in the global High Purity Metal Organics Market . China, India, Japan and Taiwan are the major contributors in the regional market. Increasing demand of semiconductors for various electronics devices, especially mobile phones in this region is an important factor responsible for driving the growth of market. Indian government has initiated many schemes on the lines of e-governance to facilitate easy delivery of government programs to the doorstep of common people. This drive can stimulate the buyers of mobile phones which in turn would add into the demand of metal organic compounds. In addition to this, the national semiconductor policy of government of India has proposed to increase the domestic production of semiconductor, this can witness rise in the demand of metal organics from the country.

Moreover, the developing countries in this region are increasingly focusing on the energy conservation and power generation. Almost half of the countries in Asia Pacific, which are located in the tropical belt are members to the International Solar Alliance (ISA). ISA members are obliged to adopt various market measures to facilitate use and deployment of solar energy among them. This would result in rise of demand of metal organics for manufacturing solar cell, which is projected to grow even further. Furthermore, for prevention of road accidents the digital sign boards are gathering consent of authorities for their positioning along the roads. Apart from this the use of LED’s for digital advertisements is increasing, which is anticipated to fuel the growth of the regional High Purity Metal Organics Market .

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North America is the second largest region in terms of market size. Along with Asia Pacific it accounts for over 65% of shares of the global high purity metal organics. The major contributors to the regional market are U.S. and Canada due to the huge demand of LED’s in lighting and sign board applications. Apart from the developing countries, U.S has also rapidly undertaken the measures to reduce its high carbon emission by maximizing its production capacity in solar energy. As a result, in coming years the demand of metal organics in this region is expected to propel the growth of regional market. Europe is a substantial region in the global high purity metal organics compound. The use of LED’s in lighting the interior of automobile is an important factor favoring the demand of the product in this region. The countries namely Germany, France, U.K. and Italy are the major contributors owing to the established automobile industry in these countries.

Apart from that the LASER finds its major applications in sectors starting from counter circuits, theft proofing, barcode reading, and metal cutting to entertainment. These trends are anticipated to continue throughout the forecast period in growth of regional High Purity Metal Organics Market . The other regions are Latin America and Middle East & Africa. Among them Latin America is estimated to grow at highest CAGR. The reason behind rapid growth market in Latin America is the increasing end use industries and greater potential production in solar energy. The major contributors are countries such as Brazil and Argentina. Lastly, Middle East & Africa are projected to join hands with the leaders in the global high purity metal organics owing to the huge potential for production of solar energy.

Segmentation:

The global high purity metal organics has been segmented on the basis of type, applications, and region. Based on type the market is segemted into trimethyl aluminum (TMA), trimethyl gallium (TMGa), dimethyl zinc, and ferrocene, and others, wherein TMA is the leading the overall demand in high purity metal organic compounds. On the basis of applications the global High Purity Metal Organics Market is divided into semiconductors, LED, catalyst, reagent, solar cells, LASER, and others. Among them semiconductor is the leading segment pulling maximum demand of metal organics compounds. Geographically, the market is segmented into Asia Pacific, North America, Europe, Latin Americam, and Middle East & Africa.

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Glass Coating Market Size, Share, Trends, Growth and Global Forecast to 2027

Market Insight

The global glass coating market is anticipated to grow at a moderate CAGR during the forecast period (2017-2023), reports Market Research Future (MRFR). Glass coating is used to give high performance and surface finish to materials, thus making it essential in a wide array of applications. It provides excellent UV resistance, high optical activity, and cleansing properties. On account of these properties, the global glass coating market during the forecast period is projected to grow phenomenally.

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Moreover, accelerated demand from end-use industries such as construction, paints & coatings, automotive & transport, and others is likely to be of added advantage to the global market growth. Also, the fact that glass coating is utilized to save energy and reduce carbon emissions makes it highly appealing across various industries. Furthermore, increasing sales of vehicles are expected to propel the rise in demand for glass coating, thereby shaping the market size favorably. Another observation made by MRFR is that there has been a steady rise in the construction industry in developed countries as well as developing countries, a major driver that has led to substantial market growth in the recent past.

On the flip side, high cost of coated glass serves as an obstacle in the global glass coatings market growth. However, sidelining the restraints, it is noted as per analysis that the future prospects for the global market seem bright. This growth can be partially attributed to new solar panel glass windows that require specific coating. Hence, new emerging applications of glass coating in a plethora of industries mark the positive rise the market is witnessing. For instance, in May 2018, ZNShine Solar launched the G12 evolution era series which are used to increase light transmission performance of the glass when used as coating.

Market Segmentation

As per MRFR analysis, the market has been segmented on the basis of type, technology, and application.

The type segment is sub-segmented into pyrolytic coating, magnetron sputtering coating, and sol-gel coatings. Among all types, pyrolytic coating claims the maximum market share of the global glass coatings market. Pyrolytic coatings are applied using chemical vapor deposition method, which offers excellent optical activity performance. On the other hand, magnetron sputtering coating comes second holding the second-largest market share. It is applied via physical vapor deposition method, and it helps reduce thermal damage and also improves secondary electron emission. Whereas, the sol-gel coatings are prepared by wet-chemical technique that helps protect the glass from abrasion, corrosion resistance and also provide long-lasting duration. The report predicts that the sol-gel coating segment is set to surge at the highest CAGR during the forecast period.

The technology segment is sub-segmented into nano glass coating and liquid glass coating. Nano glass coating provides various benefits such as durability, protecting paint from naturally acidic contaminants and ultra violet damage and also act as a barrier between the vehicle and scratches. These advantages make them ideal for glass coating, triggering their demand. Nano glass coating is projected to dominate the global market during the forecast period.

The application segment is sub-segmented into construction, paints & coatings, automotive and transport, marine, aviation, aerospace, and others. Among these, the construction industry is expected to grow at the highest CAGR during the forecast period. Glass coating is in high demand in construction due to various benefits, such as energy efficiency, visible transmittance, greenhouse effect and high strength.

Regional Analysis

The global glass coating market is regionally segmented on the basis of Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Globally, Asia Pacific holds a significant share of the global glass coating market trailed by Europe and North America owing to its growing applications in end-user industries such as construction, paints & coating, marine, and others.

Technological advancement in the field has boosted the market growth in North America as well as countries in Europe such as Germany, Italy, the U.K, and France. Continuous research and development activities adopted by the regional market players leads to new and more enhanced products, resulting in a sharp rise in the demand for glass coating in the region.

The global market has also witnessed tremendous development in the Middle East & Africa region due to prominent trends such as energy storage and optical effect. Environmental concerns drive the market growth immensely, as glass coating helps save energy and protects from harmful UV rays as well. Hence, keeping in mind the eco-friendly benefits glass coating provides, the market enjoys massive growth in the region.

Lastly, the Latin America region is estimated to show steady growth on account of increasing usage of glass coating in heavy-end industries throughout the forecast period.

Key Players

The key players competing in the global market are SCHOTT AG (Germany), Kyocera Corp (Japan), PPG Industries (U.S.A.), Morgan Advanced Materials (U.K.), The NSG Group (Japan), Murata Manufacturing Co., Corning Inc.(U.S.A.), and Emirates Float Glass (U.A.E), Saint-Gobain( France) and others.

Industry Development

Huawei's sub-brand Honor has partnered with Flipkart and launched "Honor 9N" in India. The upcoming smartphone will possess a full-view notch display and a 2.5 diameter curved glass design with 12 layers of premium glass with nano coating. This partnership will help Huawei which is a China-based company to strengthen its position in the Indian smartphone market, with the move also affecting the global glass coating market positively in the long run.

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Dynamite Market Growth, Size, Growth, Trends, Analysis and Forecast to 2027

Market Overview:

Market Research Future (MRFR) recognizes the following companies as the key players in the global Dynamite Market: Hanwha Corp., Incitec Pivot Ltd, Pakistan Ordnance Factory, Austin Powder Gmbh, Eurenco SA, Explosia, Inc., EPC Groupe, Yara, Nitroerg SA, Forcit Group, Titanobel, Solar Industries India Ltd, MAXAMCorp Holding, S.L., Orica Limited, IDL Explosives, Enaex, Anhui Jiangnan, China Poly Group Corporation, BME, NOF Corporation and Ideal Industrial Explosives Ltd. among others.

Market Highlights:

Global dynamite (explosives) market is projected to reach USD 17,973.7 million by 2023 at a CAGR of 5.67% by the end of the forecast period 2017-2023. Increasing development projects such as roads, airports, and railways coupled with growing number of housing projects are expected to augment the market growth.

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Higher production of coal implies higher penetration of explosives. Thus, economic and infrastructural growth leads to a rise in the coal demand. Moreover, increasing demand for ammunition products for the national security of the region and acute need for higher energetic explosives are encouraging R&D investments in end-use industries. However, stringent regulations regarding health safety and toxic emission may hinder the market growth.

Currently, the market is witnessing a high demand for energy due to industrialization and urbanization. For instance, the global energy consumption was pegged at 575 quadrillion British thermal units (Btu) in 2015 which is expected to be pegged at 736 quadrillion Btu towards the end of 2040. Thus, considering this growth coupled with the increasing population and rising investment in the mining industry, the global market for explosives is expected to register a healthy growth over the forecast period.

Segment Analysis

The global explosives market is segmented on the basis of grade, type, application, and region. Based on the type, explosives are segmented as bulk explosives, cartridges of explosives, ammonium nitrate fuel oil (ANFO), nitroglycerine, and others.The bulk explosives accounted for 47% share of the market in 2016 followed by ANFO and cartridges of explosives. The adoption of the bulk emulsion explosives is increasing owing to the cost-effectiveness as compared to cartridge emulsion explosives. Ammonium nitrate fuel oil is prominent and cost-effective blasting agent available for use in small to large size diameter applications. It is basically dry, free-flowing explosive, formulated to ensure effective use in underground development and tunneling applications. Moreover, ample supply of ammonium nitrate, a key raw material for the production of explosives from countries like China, Russia, India, the United States, and Africa is expected to drive the demand for ANFO based explosives in the coming years.

Dynamite Market is further classified as high and low explosives based on grade. Low explosives tend to deflagrate and releases a large number of gases and heat. Propellant of gunpowder and pyrotechnics are a common application of low explosives. Subsequently, high explosives are gaining importance in explosives market on account of high demand for ANFO, RDX and PETN materials across end-user industries including mining and construction.

Based on the application, explosives are used in mining, construction, quarrying, and defense industry. Among the aforementioned applications, mining industry accounted for 68% share of the market in 2016 and is estimated to reach USD 12,414.9 million by 2023. Coal mining is the most prominent application of mining industry. Increase in government expenditure towards extraction of coal from the surface or underground mines and deploying advanced technologies to extract mineral rich resources at a deeper level are anticipated to drive the explosives market in mining segment. For instance, the government of India announced an investment of USD 100 million for underground mines.

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Additionally, increasing private and public infrastructure activities, especially in emerging economies and public transportation, are likely to boost the overall market growth. Rising consumption of explosives for quarrying operations, which inherently relate to rise in the demand for stone and sand for construction activities accounts for 9% of world mining market. With a substantial increase in the demand for power to meet global demand of growing population are expected to gather momentum over the forecast period.

Geographically, Asia Pacific region dominates the global Dynamite Market. The region is estimated to reach USD 8,298.4 million by 2023 at a CAGR of 6.05% by the end of the forecast period 2017-2023. China and Australia are leading countries in this region due to rich in mineral deposits and growing number of infrastructural projects. Manufacturers are investing in advance technology for mineral extraction at a deeper level to meet the demand of metal and non-metal industry. Furthermore, Indian government initiative of 100% FDI in the construction industry coupled with defense expenditure of USD 53 billion by 2017-2018 is likely to boost the overall explosives market. Europe and North America witnessed a sluggish growth. Substantial growth in road development projects and transportation industry is expected to drive the explosives market in aforementioned regions.

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Demulsifier Market Size, Share, Growth, Trends, Analysis and Research Report Forecast to 2027

Market Synopsis

Market Research Future (MRFR) asserts that the global demulsifier market is slated to experience a sturdy growth rate during the forecast period (2017-2023) owing to the increased production of crude oil. Demulsifier is referred to as an active chemical which is generally used to separate the emulsified water from the crude oil during the manufacturing process. They are chemical intermediates which are formulated into blends and are applied into the fields in order to minimize the interfacial tension between water and hydrocarbon. Demulsifier finds application in petrol refineries, oil-based power plants, crude oil, lubricant manufacturing, and sludge oil treatment.

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Competitive Dashboard

· Croda International Plc (UK)

· Akzo Nobel N.V. (the Netherlands)

· Momentive (U.S.)

· Clariant (Switzerland)

· Baker Hughes Incorporated (U.S.)

· The Dow Chemical Company (U.S.)

· Schlumberger Limited (U.S.)

· BASF SE (Germany)

· Ecolab (U.S.)

· Halliburton (U.S.)

Market Potential and Pitfalls

The global demulsifier market is expanding at breakneck speed and is expected to steal the limelight in the long run. Demulsifier allows the separation and of liquid phases which offers improved quality of the separated carbon, thereby making them ideal for applications like oil-based power plants, sludge oil treatment, petrol refineries, lubricant manufacturing, crude oil, and others. The market’s course is chiefly directed by the rapid industrialization, surging expenditure on research activities, and burgeoning demand for fuel-efficient vehicles. The demand for demulsifier is predicted to trigger owing to the developing oil and gas sector. With the surging production of crude oil across the globe, the market is anticipated to flourish. Moreover, the increased sales and production of automobile coupled with the growing consumption of lubricants across the globe are some do the top factors likely to benefit the market growth in the long run. The high adoption rate of demulsifier and the rising number of power plants in order to meet the energy for the expanding population worldwide has further enabled the market to reach out to a wider range of audience. Additionally, the constant expansion of the automotive sector coupled with the shifting focus of the manufacturers towards cost-effective vehicles is considered to intensify its demand over the appraisal period.

On the contrary, strict mandates implemented by several government bodies due to environmental concern have limited the use of toxic organic chemicals which are extensively used in the production process of demulsifier. This is predicted to restrict the market growth over the assessment period.

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Global Demulsifier Market: Segmental Analysis

The global demulsifier market has been segmented on the basis of application and type.

By mode of type, the global demulsifier market has been segmented into oil soluble and water soluble. Among these, the oil-soluble segment is likely to lead the global market in the long run. The growth is attributed to the high usage of oil-soluble demulsifier globally. Oil soluble demulsifier is considered the most effective demulsifier in separating water in crude oil and oil emulsion, thereby triggering its demand over the years.

By mode of application, the global demulsifier market has been segmented into sludge oil treatment, crude oil, petrol refineries, oil-based power plants, lubricant manufacturing, and others. Among these, the crude oil segment is estimated to expand with the highest CAGR owing to the surging demand for oil and its derivatives which has led to high production of crude oil across the globe. Moreover, mature and aging oil fields, offshore oil fields, and heavy oil consume a higher quantity of demulsifier. This has further led to the increased use of crude oil throughout the appraisal period.

Regional Insights

Geographically, the demulsifier market span across regions namely, Asia Pacific, Latin America, Europe, North America, and the Middle East & Africa.

Considering the global scenario, the Middle East & Africa is predicted to expand at the highest CAGR over the assessment period owing to the expanding oil and gas sector. Countries such as Iraq, Iran, the United Arab Emirates, Saudi Arabia, and Kuwait are predicted to contribute to the growth owing to the increased adoption rate of by the producers of crude oil. Additionally, the presence of huge oil and gas reserves is estimated to contribute to the market growth in this region.

The North American region is expected to experience tremendous growth rate due to high consumption potential, increased economic growth rate, and rising production capacities. The U.S is likely to be a major contributor and is likely to occupy the largest regional market share owing to the increased production of crude oil in this country.

The demand for demulsifier is likely to increase in some of the European countries like Germany, Italy, UK, Spain, Russia, and France. The growth is credited to the increased purchasing power of the consumers coupled with the rising expenditure in innovation. With the presence of major automobile manufacturers in Germany, the market in this region is considered to flourish in the long run.

Industry Updates

November 15, 2018: A leader in converting waste plastics into chemicals and fuels, Agilyx have recently entered into a collaboration with Monroe Energy in order to produce lower-carbon crude oil for the production of jet fuel.

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Conformal Coatings Market - Share, Growth, Analysis and Forecast to 2027

Market Overview

Conformal coatings are widely used in electronic devices to protect the devices from heat, moisture, corrosion and ultraviolet rays. These coatings are classified into acrylic, epoxy, silicone, parylene, urethane, and others. Acrylic is the most preferred type due to its strong dielectric resistance property and ease in removing the coating. Increasing demand for electronic devices in various applications such as telecommunication, medical and automobile are propelling the market growth.

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These coatings are mainly used by the automotive and aerospace industry in circuit boards to prevent the corrosion of conductors. The silicone coating is increasingly used in automotive industry due to humidity resistance, salt spray resistance and flexibility. Expanding automobile industry in the developing regions due to rising automotive production & sales coupled with improving the living standard of the consumers and is propelling the market growth. The product demand is increasing in the marine industry due to its superior properties such as high chemical resistance and humidity resistance.

Competitive Analysis

· The Dow Chemical Industry (U.S.)

· Specialty Coatings System Inc. (U.S.)

· Global Manufacturing Services, Inc (U.S.)

· HemiSeal (U.S.)

· Henkel AG & Co.

· KgaA (Germany), Chemtronics (India)

· H.B.Fuller Company (U.S.)

· Electrolube (UK)

· Europlasma NV (Belgium)

· Shin-Etsu Chemical Co., Ltd (Japan)

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Market Segmentation

The global Conformal Coatings Market has been segmented into type, end-use industry, and region.

On the basis of the type, the market is divided into acrylics, epoxy, urethane, silicone, parylene and others.

Based on end-use industry, the market is segmented into electronics, automobile, aerospace, marine and others.

Geographically, the market is divided into five regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Regional Analysis

North America was the dominant region in the global Conformal Coatings Market due to its increasing use in the electronic devices mainly in automobile and aerospace industry. Additionally, increasing expenditure on consumer electronics mainly in home appliances, smart watches, and wireless devices.

Europe is expected to drive the market growth due to the introduction of high quality and technically advanced products. Increasing expenditure on research and development in electronics by Germany is likely to fuel the product demand in this region.

Asia Pacific region is growing substantially due to rapid urbanization and digitalization in the developing economies such as India and China. Moreover, implementation of various initiatives such as Smart City and Startup in India is encouraging the Indian companies to focus on product innovation and R&D.

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Carbon Thermoplastic Composites Market Size, Share, Growth, Analysis, Demand by Region and Global Forecast to 2030

Carbon thermoplastic composites (CFRTP) can be produced using PAN-based (polyacrylonitrile) or PITCH-based raw material.

Market Overview

Carbon thermoplastic composites (CFRTP) can be produced using PAN-based (polyacrylonitrile) or PITCH-based raw material. Polyacrylonitrile is widely used because it provides strength and stiffness to the CFRTP composites. CFRTP finds application in various industries such as aerospace & defense, automotive, wind turbines, construction, and marine. These composites are widely used in the manufacturing of aircraft and defense equipment due to their superior properties such as lightweight, low density, corrosion resistance, high strength, and stiffness.

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The product demand from aerospace industry is growing as a result of rising aircraft delivery, especially in the developing regions. CFRTP usage is being increasingly used in the automotive industry to improve the vehicle fuel efficiency and reduce the amount of carbon emission. Growing use of the product in wind turbines due to rising demand for renewable energy is likely to drive the market growth. CFRTP usage in the construction industry is increasing as it minimizes the disruption during repair and saves installation cost and time.

Competitive Analysis

Some of the prominent players in the global Carbon Thermoplastic Composites Market are DowAksa (Turkey), Cytec Solvay Group (U.S.), TORAY INDUSTRIES, INC. (Japan), SGL Group (Germany), Hexcel Corporation (U.S.), TEIJIN LIMITED (Japan), Mitsubishi Chemical Holdings Corporation (Japan), HYOSUNG (South Korea), Gurit (Switzerland), Plasan Carbon Composites (U.S.), Koninklijke Ten Cate (Netherland), Teijin Carbon Europe GmbH (Japan), and ZOLTEK (U.S.).

Market Segmentation

The global Carbon Thermoplastic Composites Market is segmented into raw material, application, and region.

On the basis of raw material, the market is divided into PAN-based and PITCH-based.

Based on the application, the global Carbon Thermoplastic Composites Market is segregated into aerospace & defense, automotive, wind turbines, sports equipment, construction, and marine.

Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Regional Analysis

North America is leading the global Carbon Thermoplastic Composites Market as a result of increasing use in the manufacturing of lightweight vehicles and defense equipment. The product demand is rising owing to growing use of renewable energy in place of crude oil and other resources. Europe is expected to grow at a staggering rate owing to the growing demand for fuel-efficient automotive. This is due to the emission standards set by European Union for the vehicles. The Asia Pacific is the fastest growing market due to expanding automotive and aerospace industry as a result of improved living standard and rising disposable income of the consumers.

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Calcium Carbonate Market Research Report with Size, Share, Analysis, Latest Updates, Data, and News, Forecast to 2030

Competitive Analysis

The key players in the global Calcium Carbonate Market are Imerys Pigments (U.S.), Parchem Fine & Specialty Chemicals (U.S.), Omya (Switzerland), GLC Minerals, LLC (U.S.), Midwest Calcium Carbonates, LLC (U.S.), AGSCO Corp (U.S.), J.M. Huber Corporation (U.S.), Cerne Calcium Company (U.S.), Kerford Limestone Company (U.S.), and The National Lime & Stone Company (U.S.).

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Market Segmentation

The global Calcium Carbonate Market is segmented on the basis of type, application, and region.

On the basis of the type, the market is divided into natural ground calcium carbonate, precipitated calcium carbonate, and activated calcium carbonate. The natural ground calcium carbonate is easily found terrestrially a principal constituent of the limestone, marble rock, and chalk, while both precipitated and activated calcium carbonate are industrially produced. Among them, the precipitated calcium carbonate segment is projected to grow at a healthy growth rate. This is attributed to increasing demand for this product in the paper industry on account of the features it confers to the paper such as enhanced gloss and brightness, and the better printing surface.

Based on the applications, the global Calcium Carbonate Market is categorized into building & construction, paper, healthcare, paints & coatings, plastics, adhesives & sealants, and others. Building & construction is the largest consumer of calcium carbonate, wherein the product is used as building material, cement ingredient, and precursor in manufacturing builders lime. The major factors responsible for the growth of this segment are the rapid urbanization and growing industrialization of emerging economies, increasing government spending on infrastructural development of the countries around the globe. Moreover, construction activities are constantly heading north on account of increasing need for better infrastructure and shelter to the rapidly growing population, which may witness growth in demand for calcium carbonate during the review period.

Market Overview

Calcium carbonate is made up of an open nylon filament web to which abrasive grain is bonded. It exhibits many advantageous properties such as greater resilience, comfort, resistance to water, and non-rusting anility, which driving its use in portable grinding, sanding and finishing operations. Abrasives are used extensively in a wide variety of industrial, domestic, and technological applications. Common uses for abrasives include grinding, polishing, buffing, honing, cutting, drilling, sharpening, smoothening, lapping, and sanding of the substrate. Calcium carbonate is primarily used for cleaning and finishing the metal. It plays a major role to give surface finish and shape to the required material.

The global abrasives market is growing at higher CAGR of nearly 6.5% during the review period, which is expected to fuel demand for the product. The global transportation industry is the largest consumer of calcium carbonate, as of 2016 and is estimated grow at the highest CAGR on account of ever-increasing trade around the world during the forecast period. Increasing demand for an electronic device with an advent of digitization and handset penetration. In addition to this, electrical industry is fetching significant share of overall demand for the product to help push the growth of the market forward.

Regional Analysis

Asia Pacific, Europe, North America, Europe, the Middle East & Africa, and Latin America are the five key regions in which the global Calcium Carbonate Market is divided. Among these regions, the Asia Pacific market is growing at the highest CAGR in the global Calcium Carbonate Market. The region accounts for over 40% share of the overall Calcium Carbonate Market. India, South Korea, and China are the leading markets in this region due to growing demand for the product by emerging end-use industries in this region such as building & construction, paper, and paints & coatings. North America is the second largest region, in terms of market size, with the U.S. holding a major share of the regional market. The growth of the market in this region is attributed to the growing paper industry and reconstruction activities in this region, along with flourishing consumer goods industry. Following North America, Europe is a significant region, in the global Calcium Carbonate Market. Germany, the U.K., France, and Italy are the contributors to the regional market. The Middle East & Africa is projected to grow at a considerable CAGR owing to the increasing construction activities and forthcoming major sports events in this region during the review period. Lastly, the Latin American market is anticipated to gain momentum to join hands with leading regions in the global Calcium Carbonate Market.

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Brass Foils Market Share, Demand by Segmentation, Top Key Player and Analysis by 2027

Market Overview:

Brass is a metallic alloy synthesized by combination of copper and zinc. The varying proportion of copper and zinc provides different types of brass alloys with different mechanical and electrical properties. Foil is a thin sheet of metal made out by high pressure rolling or hammering the bar of parent metal. The metal is needed to be malleable for obtaining thinner sheet or foil. Brass foils exhibit an important properties such as mechanical, electrical and metallurgical properties, smooth and bright surface finish. In addition to this, brass foils are highly durable, sustainable, 100% recyclable, which mitigate environmental concerns and make it preferable in making durable machinery parts. The Global Metal Foils Market is estimated grow at 6.5% during the forecast period. Growing demand of portable electronics around the world is anticipated to fuel the demand of brass foil.

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Competitive Analysis:

Key players in the Global Brass Foil Market are Arcotech Ltd. (India), Rajshree Metals (India), G.T. Metals & Tubes (India), Global Metals (U.S.), Olin Brass (U.S.), A.J. Oster (U.S.) Grand Metal Corporation (India), Ekaton Ltd. (U.K.), AMCO Metall-Service GmbH (Germany), and MP Metall Produkte (Germany) among others.

Market Segmentation:

The Global Brass Foil Market is segmented on the basis type, end use industry, and region. On the basis of type the market is divided into Oxygen-Free High Conductivity Copper (OFHC), Electrolytic Tough Pitch (ETP) copper, Deoxidized High Phosphorous (DHP) copper, Deoxidized Low Phosphorous (DLP) copper. Among these types, OFHC is holding major share of overall demand in brass foils. OFHC finds major applications electrical and electronics industry. It includes microwave tube, vacuum capacitors, vacuum seals and wave guides. The largest application of OFHC can be seen in the hadron collider, which is the world’s largest particle collider built to investigate the structure of sub-atomic particles. ETP copper is another important type of brass foils, which is extensively used in automotive and electrical industry. Its basic properties such as greater tensile strength and electrical conductivity makes it useful in transformer windings, bus bars, and motor windings. DHP is major used in manufacturing the industrial machinery distillery, heat exchanger shells, kettles, and condenser tubes. The durability and recyclability of this product is expected to favor its demand from industrial machinery segment, in coming year. Lastly, DLP is another important type of brass foil. It is majorly used in automotive and electrical industries as connectors, terminals, relays and components of semiconductor.

Based on end use industries the Global Brass Foils Market is segmented into electrical & electronics, automotive, construction, industrial machinery, and others, wherein electrical & electronics segment is consuming maximum overall brass foils. Global electrical & electronics market is growing at highest rate among the other end user industries of brass foils. There is increasing penetration of power electricity in hitherto untapped remote areas, which is expected to fuel the demand of Brass Foils. Automotive industry is steadily growing with an increasing demand of vehicles around the world. The embedded electronics in automotive is constantly penetrating further due to an advent of hybrid vehicles. In coming years the electric vehicle market is anticipated to rise manifolds on account of environmental concerns against use of the conventional fuel based vehicles. This, in turn is projected to propel the growth of the Global Brass Foils Market . Moreover, rapid industrialization in developing countries would increase the demand of brass foil in manufacturing the industrial machinery. Construction activities are constantly increasing to provide shelter to the growing population, which may witness growth in demand of brass foils from construction segment.

Regional Analysis:

The Global Brass Foil Market is divided into five key regions including Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. Asia pacific accounts for 54% share of the global brass foil market owing the growth of demand from growing electrical & electronics industry in this region. India, China, and Japan are leading the regional market due to the presence of major key players and end use industries. Europe is the second most significant region in the Global Brass Foil Market, wherein Germany, U.K, France, and Italy are the major markets. This is attributed to the established automotive industry in this region which is the major consumer of brass foils. North America is closely following Europe in terms of the market size. U.S. is the major shareholder of this regional Brass Foils Industrydue to the increasing demand of brass foils by reconstruction activities and automotive industry. The Middle East & Africa is projected to grow at considerable CAGR owing to the increasing construction activities and rapidly growing sports industry during the forecast period. Lastly, Latin America is anticipated to gain momentum to join hand with leading regions in the global Brass Foils Market .

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