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Amines Market is Expected to Display Notable Growth in Coming Years

Increasing crop protection, coatings & paints, personal care, water treatment and surfactants applications are anticipated to fuel the global Amines Market growth over the next five years. Agriculture growth along with high yield requirement in emerging countries such as India, China, Indonesia, Malaysia and Brazil owing to growing consumption is projected to bolster the amines market over the forecast period. Increasing infrastructure development activities in BRICS and North America is anticipated to drive surfactant demand. This trend is further expected to complement the amines market growth over the next five years. Growing surfactant demand as laundry liquids is projected to have positive impact on global amines market over the foreseeable future. Surging personal care and cosmetic products demand in emerging economies such as India, China and Indonesia is anticipated to boost the amines market growth over the forecast period. 

Increasing amines applications in automobile industry as coatings & paints is expected to fuel the global amines market over the next five years. EPA and European Commission have enforced strict regulations on industrial, agriculture and consumer amines applications which are projected to hinder the amines market over the foreseeable future. Volatile petrochemicals prices have had negative impact on global amines market in last two years. This led customers to shift towards bio-based products majorly in cleaning application. In 2013, Croda Polymers & Coatings developed new technology known as ‘Novel Amine-Functional Dimer’ to manufacture bio-based amines building block for application in adhesives and coatings. Such developments are anticipated to boost amines market over the next five years period.

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Ethanolamine dominated the amine product segment in 2013 accounted for over 49% of the total market. Ethanolamine is mainly used as cleaning agent in monoetanolamine and triethanolamine forms. It has another application as machining fluids, cooling systems and lubricants to inhibit corrosion for automotive, marine and industrial applications. Rising preventive maintenance and health awareness is expected to drive the ethanolamine market growth over the foreseeable future. Fatty amines are anticipated to be the fastest growing product segment in the near future owing to increasing personal care application. Alkylamines holds minimum share in the global amines market due to fewer applications.

Amines are majorly used for crop protection in agriculture industry. Agriculture was the largest application segment market in 2013. Growing agriculture production and demand for improved yield is expected to bolster the amines market growth over the next five years. Bio-based crop protective chemicals development and their increasing application in agriculture industry is projected to hamper the global amines market. Growing surfactant demand in detergent industries in emerging economies such as India, Indonesia and China is anticipated to have a positive impact on amines application segment market growth. Increasing personal care products demand particularly by women is projected to drive the market growth over the forecast period. Stringent water pollution regulations are anticipated to affect amines market growth negatively in water treatment segment.

Asia Pacific dominated the global amines market owing to increasing surfactants, crop protection and personal care applications in 2013. Increasing agriculture production especially in India and China is expected to fuel amines market over the forecast period. Growing construction and automotive industries in emerging nations such as Malaysia, China, India and Indonesia are anticipated to foster regional amines market over the foreseeable future. REACH norms regarding amines environmental impacts in Europe are expected to have negative impact on amines market growth over the forecast period. Urbanization along with industrialization in emerging countries is anticipated to boost the amines market growth over the forecast period.

Presence of various participants globally has fragmented the global amines market. The major players include AkzoNobel, BASF, Dow Chemicals, Arkema SA, Huntsman Corporation and Clariant. Indian government announced PCPIR policy to promote chemicals and petrochemicals production which is projected to have positive impact on regional amines market growth over the forecast period. 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - https://www.hexaresearch.com

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Epoxy Surface Coating Market Research Report, 2024

The global Epoxy Surface Coating Market size is expected to be valued at USD 26.0 Billion in 2016 and it is anticipated to grow at an approximate CAGR of over 5% over the forecast period 2016 to 2024. Demand for waterborne epoxy coating is expected to be a key driver for the growth of the market.

Increasing demand for waterborne epoxy coating is owing to low VOC, very low odor, non-flammable/noncombustible, fast dry and recoat, and ease of cleanup. Increasing demand from developing countries is also expected to boost the demand over the next eight years.

High growth in end-use industries such as construction transportation and industrial are expected to fuel the market growth over the forecast period. The low-interest rate on housing loan is also expected to drive the construction sector.

Low performance in exterior application and slow growth in the developed countries is expected to be a restraint in the epoxy surface coating market.

Browse Details of Report @ https://www.hexaresearch.com/research-report/epoxy-surface-coating-market

High economic growth in emerging economies and high growth in powder based epoxy coating are expected to offer lucrative growth opportunities for the key industry player.

Stringent regulations and fluctuating raw material prices are expected to be major challenges in the epoxy surface coating market. It exhibits the superior properties such as corrosion resistance, superior adhesion, and flexibility.

The market has been segmented on the basis of technology such as waterborne, powder-based and solved based.

Waterborne epoxy coating is expected to have substantial growth over the forecast period owing to low odor and free of volatile organic compounds. It has wide scope applications such as warehouses, garages, institutional, transportation, agricultural, construction and industrial.

Powder-based epoxy coating is expected to have a substantial growth owing to environmental-friendly nature and superior performance.

The epoxy powdered coating has a wide scope of applications such as ceiling panels, display shelving, heaters, household goods, instrument casings, internal vehicle components, sports equipment, tubular steel furniture and wire work.

Solvent based coating generally provides good abrasion and chemical resistance. It has a wide scope of flooring application in chemical fertilizer, petroleum refineries, power plants, sewage, and water treatment plant, paper and pulp mills and warehouse floors.

These solvent based coatings are highly flammable and it should be kept away from any source of ignition, welding operation, and naked flames. Epoxy Surface coatings are used in floor applications they exhibit the properties of low volatility, tough, quick drying, and protective coating. They are used on steel and concrete to give resistance to water, acids and alkali.

Epoxy coating is used in the automobile, marine, and industrial applications to prevent corrosion and rust. Metal containers and cans used in food and beverage industry are treated with the epoxy coating for rust prevention.

Epoxy coatings are commonly used to coat the following substrates such as aluminum, carbon steel, galvanized steel, fiberglass, polyester, ceramics, copper, and zinc. It also provides optimum protection against large/fine particle abrasion, corrosive fluids, cavitations, turbulence and compressive forces.

Asia Pacific is expected to be a dominant player in the epoxy surface coating market owing to increasing investment in construction and high growth of end-use industries. Rapid industrialization is expected to drive the market growth.

In 2014, the overall market share of China has contributed over 50% in this region. India and Taiwan are also expected to have a substantial growth over the forecast period.

Europe is expected to witness moderate growth over the next eight years and it is anticipated to increase in demand owing to the growth of automobile industry, particularly in France, U.K, and Germany.

North America is anticipated to have steady growth owing to the stringent regulations to adopt environmentally friendly technologies in this region.

Construction spending in the Middle East & Africa and Central & South America is also expected to have a positive impact in this region. Rapid urbanization and rising government investment in public infrastructure are anticipated to be a key driver for the market growth.

Some of the key industry players in the epoxy surface coating market include Axalta Coating Systems, AkzoNobel N.V., Berger Paints, Henkel, Kansai Nerolac, PPG Industries, Nippon Paint Company Ltd., The Sherwin-Williams Company, RPM International, The Valspar Corporation, Tikkurila Oyj and BASF.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com

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Polyethylene is employed in different forms and can be utilized in the making of plastic films, plastic bags, and plastic containers, as they are easy to remold after being melted into liquid

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Citric Acid Market is Expected to Witness Significant Growth by 2024

30 November 2018 - The Global Citric Acid Market is expected to reach USD 5.73 billion by 2024 driven by its increasing use in food & beverages and household detergents & cleaners. The growth of these end-use industries, particularly in emerging economies of Asia Pacific region, is anticipated to boost the growth of the chemical over the projected period. 

The biobased and chelating characteristics of citric acid make it a viable solution to several toxic substances used for manufacturing detergents & cleaners, especially for household purposes. Rising awareness regarding cleanliness and hygiene is expected to augment the demand for detergents & cleaners, resulting in a volume CAGR of 3.8% over the projected period.

Browse Details of Report@ https://www.hexaresearch.com/research-report/citric-acid-market

Asia Pacific dominated the global industry accounting for 29.6% of the global citric acid market volume share in 2016.

Rapid industrialisation resulting in the presence of large-scale manufacturing bases for food & beverages, pharmaceuticals, and cosmetics is expected to augment the demand for the chemical as an intermediate in several processes. 

Increasing healthcare expenditure coupled with rising number of ailments across the world is expected to augment the demand for pharmaceuticals. The demand for citric acid in pharmaceutical applications was estimated to be 153.1 kilo tons in 2016 and is projected to progress in tandem with the development of the pharmaceutical sector. 

The difference in the properties of citric acid has resulted in making it suitable for use across a broad range of applications. The dual use of citric acid as a preservative as well as a flavouring agent in foodstuffs is expected to augment its demand for household purposes. Moreover, its suitability for a broad range of cuisines makes its suitable for restaurants. Increasing standard of living of consumers is expected to augment the demand for the product over the projected period. 

In line with the growing demand for the chemical, manufacturers such as Jungbunzlauer, ADM, and Cargill are focusing on increasing their market presence through R&D to introduce innovative products catering to niche application segments. Thus, the growth of the food & beverages, pharmaceutical, and cosmetic industries coupled with the eco-friendly properties of the product is expected to drive the growth of the citric acid market over the forecast period. 

Hexa Research has segmented the global citric acid market on the basis of application and region: 

Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million)

• Food & beverages

• Household detergents & cleaners

• Pharmaceutical

• Cosmetics

• Others

Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million)

• North America

    • U.S.

• Europe

    • Germany

• Asia Pacific

    • China

    • India

• Central and South America

    • Brazil

• MEA 

Key players analyzed

• Archer Daniel Midland

• Cargill

• COFCO Biochemical (Anhui)

• Gadot Biochemical Industries

• Jungbunzlauer Suisse

• Citrique Belge

• Tate & Lyle

• Weifang Ensign Industry Co., Ltd.

• RZBC GROUP CO., LTD.

• Huangshi Xinghua Biochemical 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - https://www.hexaresearch.com

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Japan Alcohol Ethoxylate Market to Register 5.3% CAGR till 2025

24 September 2018 -

The Japan Alcohol Ethoxylate Market size is likely to reach close to USD 370 million by 2025, expanding at a CAGR of 5.3% over the forecast period. Increasing demand in the wake of adoption of low foam, easy rinse detergents and cleaners will bode well for market growth in the country. Growing use in detergents, cleaners, and pharmaceutical products is expected to further fuel expansion in the coming years. The market for alcohol ethoxylates is mainly driven by rising demand for low rinse and rinse-free detergents in the healthcare sector. Rise in colleges, universities, hospitals, hotels, restaurants, and laundry and cleaning services is estimated to drive demand for institutional and industrial cleaners.

Rising requirement for highly stable oil-in-water emulsions across paper processing, agrochemicals, and pharmaceuticals among other application industries is expected to boost the market over the forecast period. High adoption of alcohol ethoxylate-based emulsions owing to superior biodegradable characteristics and great stability will further boost growth. Applications as wetting agents for hard surfaces are also expected to drive the Japan alcohol ethoxylates market growth over the forecast period. In addition, demand in dispersions is expected to witness a rise in the forecast period.

Browse Details of Report @ https://www.hexaresearch.com/research-report/japan-alcohol-ethoxylates-market

Demand for lauryl alcohol ethoxylates for cleaning purposes in industrial, institutional, and household detergents is expected to drive market growth. Development of manufacturing industry and favorable political environment are expected to drive the market. Japan is one of the leading consumers of ethylene oxide in the world, with a total annual consumption of 590 kilo tons in 2016. As a result, Japan has become one of the major driving factors for global ethylene oxide capacity. Market for fatty alcohol ethoxylates is driven by ready availability of raw materials such as ethylene oxide and fatty alcohol. In addition, high demand from the pharmaceutical industry is expected to propel the Japan alcohol ethoxylate market over the forecast period. Rising usage in the production of agrochemicals is expected to create growth opportunities over the next few years.

The cleaning industry was the leading segment in terms of revenue in 2017 and is expected to remain dominant over the forecast period. Growth in industrial cleaning applications was primarily driven by presence of a large industrial sector in Japan. The market was dominated by the use of surfactants, wetting agents, detergents, and dispersants. Excellent formulation with exceptional wetting, and rapid dissolution properties, coupled with good rinse ability and low aquatic toxicity, are estimated to drive product demand over the forecast period. The Japan household cleaning market is expected to witness significant growth owing to increasing per capita income, resulting in higher living standards. Rising urban population is anticipated to impel demand for hygiene promoting products such as household cleaners.

Hexa Research has segmented the Japan alcohol ethoxylate market report based on product type, application and end use

Segmentation by Product Type

Fatty

Lauryl

Linear

Others

Segmentation by Application

Emulsifier

Dispersing Agent

Wetting Agent

Others

Segmentation by End Use

Cleaning

Metal Working

Textile Processing

Paper Processing

Agrochemicals

Pharmaceuticals

Others

Key players analyzed:

AkzoNobel N.V.

BASF Japan

Clariant Japan Co. Ltd.

Dow Chemical Japan Co. Ltd.

DuPont K.K.

Evonik Japan Co. Ltd.

Huntsman Japan

Shell Japan Ltd.

SABIC Japan LLC

Sasol Chemical Japan KK

Solvay Japan KK

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About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website: https://www.hexaresearch.com

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Global Polymethyl Methacrylate (PMMA) Market is Expected to witness Significant Growth till 2020

A recent study by Hexa Research reveals that the global Polymethyl Methacrylate (PMMA) Market will experience growth at a CAGR of more than 6% from 2013 to 2020. Emerging economies of China and India are giving rise to industries like electronics, signs and displays and automotive, all of which are consumers of polymethyl methacrylate. Moreover, ongoing research in the area of bio-based PMMA and newer application areas of optical grade PMMA such as coatings and emulsions, medical and healthcare, solar power, etc. will propel market growth in future. Other upcoming applications of PMMA are expected to be in industries like sanitary ware, apparel, furniture, etc.

Based on product type, Hexa Research divides the total PMMA industry into extruded sheets, pellets, beads and cell cast sheet & blocks. Extruded sheets dominated the global market with more than 54% volumes in 2012.

Browse Details of Report @ https://www.hexaresearch.com/research-report/polymethyl-methacrylate-industry/

The market for beads will grow fastest with a CAGR of more than 6.9% from 2013 to 2020, mainly due to high demand from coatings and emulsions industry. The largest application segment for global PMMA market in 2012 was signs and display. It contributed to more than 35% of the total market volumes. However, electronics industry will prove to be the fastest growing application area in future with a CAGR of more than 7.6%. This will be mainly due to rising demand for LED flat panels and TV screens.

Asia Pacific, with more than 65% of the total demand, was the regional market leader in 2012. It is also foreseen to be the fastest growing region with expected CAGR of 7.3% from 2013 to 2020. Strong electronic base in Taiwan, China, South Korea, etc. coupled with relaxed regulations and low-cost resources like labor, technology, etc. make Asia Pacific a lucrative market for PMMA. While Europe will experience moderate growth, Middle East, Africa and Latin America will exhibit above-average growth of PMMA.

Hexa Research identifies Chi Mei Corporation, Mitsubishi Rayon, Evonik SA, and Altuglas International to be the four leading manufacturers of PMMA. These players were responsible for more than 70% of the total global PMMA production in 2012.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com/

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Aerospace Plastic Flame Retardant Market to Value $29 Million by 2022

The global Aerospace Plastic Flame Retardant Market is anticipated to reach USD 29 million by 2022. Increasing demand for plastics, because of lesser airframe weight as well as fuel savings is expected to drive market growth. Rising air traffic and evolving security standards will also have a positive influence.

The aviation industry is growing on account of new trade routes, escalating income levels, and changing lifestyles. This is fueling demand for plastic flame retardants. However, fluctuating prices of key raw materials, such as phosphorous, nitrogen, and aluminum, could threaten industry growth.

The market is categorized by products, applications, and regions. Products include Aluminum Trihydrate (ATH), antimony oxide, boron compounds, organophosphates/phosphorous, and others. ATH accounted for 40% of the overall demand in 2014. Ammonium polyphosphate, red phosphorous and other organophosphates came up as the fastest-growing products in the same year. Organophosphates compounds are anticipated to register the fastest growth (CAGR over 6%) over the forecast period (2015-2022).

Browse Details of Report @ https://www.hexaresearch.com/research-report/aerospace-plastic-flame-retardant-market

Based on the applications, the global aerospace plastic flame retardant market is divided into Carbon Fiber Reinforced Plastics (CFRP), Glass Reinforced Plastics (GRP), thermoset polyimides, polycarbonates, epoxies, acetal/POM, and others. Others comprise polybutylene terephthalate (PBT), polyphthalamide (PPA), and polypropylene (PP).

CFRP was the biggest application, occupying 30% of the total volumes in 2014. It would grow at the fastest rate (CAGR exceeding 6%) over the next seven years. Polycarbonates sector may also experience high demand due to properties such as high transparency and optical clarity, along with tremendous toughness.

Regional segments consist of Europe, Asia Pacific, North America, and RoW (Rest of the World). Europe, with 44% of the global demand, was the largest regional market in 2014. It is home to leading airline groups (Airbus, Boeing, Rolls-Royce Holding, etc.). However, stringent monitoring of European airspace and the manufacturing industry is resulting in lesser production of halogenated retardants.

Asia-Pacific could be the fastest-growing regional market (CAGR of 7%) during the forecast period. This may be attributed to a robust aviation sector and rising disposable incomes in developing countries like India, Indonesia, Thailand, Vietnam, etc.

Major companies operating in the worldwide aerospace plastic flame retardant market are RTP Company, Albemarle Corporation, Huber Engineered Materials, and Chemtura Corporation. Most leading participants are largely integrated along the value chain.

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About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com

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Plastics Market to Exhibit 8% CAGR till 2020

The global Plastics Market is expected to grow rapidly at a healthy CAGR of over 8 % from 2014 to 2020. Plastics are synthetic/semi-synthetic organic solid materials that are used to create various valuable products. On account of the ease of manufacture, low cost, flexibility of use, and availability of raw materials, plastics have replaced a number of conventional materials such as paper, wood, metal, leather, glass, and ceramic in the majority uses. This is also projected to boost the global market. Moreover, various technologies that reprocess plastics are anticipated to be the key growth drivers for the global market. 

However, the fluctuating prices of raw materials along with the rising environmental concerns related to plastic disposal are likely to hamper the market growth in the near future. To beat such challenges, the market players have shifted their focus towards developing some bio-based alternatives to usual plastics. The industry is categorized into products, applications, and regions. 

The products sector comprises Polyvinyl Chloride (PVC), polystyrene, Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), and engineering thermoplastics. The PE sector dominated the overall plastics market in 2013 accounting for over 35 % of the global market share. The rising demands from various end-use segments such as food & beverage packaging, injection molding, etc. led to the biggest market share. The PET sector is anticipated to be the fastest growing product sector with a CAGR of 9 % from 2014 to 2020. 

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The rising demands for PET plastics from the carbonated soft drink packaging market are projected to further augment the demands for PET plastics during the next few years.

The application sector includes injection molding, film & sheets, construction, packaging, textiles, and transportation. The films & sheets sector occupied over 45 % of the global share in 2013. Films & sheets are mainly utilized in food packaging and pharmaceuticals. This is said to boost the product demands in the near future. The application in plastic pipes is also likely to experience a substantial growth with a CAGR of 6 % over the forecast period. 

Asia-Pacific was the largest regional market for plastics in 2013. The European & North American markets are quite mature and are said to grow slowly than other regions. The Central & South America region is estimated to register the maximum CAGR of over 6.5 % from 2014 to 2020. 

Major companies in the plastics market are Saudi Basic Industries Corp.; E. I. du Pont de Nemours and Company; and BASF SE. 

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About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com

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Aerospace Plastics Market is Driven by Growing Aviation Sector

The global Aerospace Plastics Market stood nearly 57 kilotons in 2014. It is estimated to grow at over 10 percent CAGR from 2016 to 2024 (forecast period). Regulatory policies coupled with robust fiscal aid should be the key market propeller. The market will also be driven by usage in airplanes, alternatives for steel & aluminium, and expansion in the aviation industry.

The aviation industry is likely to observe high growth across Middle Eastern nations; like Qatar, U.A.E., and Saudi Arabia. Higher air traffic in defense & commercial sectors has contributed sales for the North American market. Strict policies on petro-based products can hamper feedstock (high-grade plastics, etc.) availability.

Moreover, adoption of carbon fibers in other applications may limit the availability of raw materials. Airplane manufacturers have begun employing a blend of thermoplastic & metal composites to lower fuel emissions and ensure passenger convenience. The aerospace plastics market is fragmented by applications, polymers, end-users, and geographies.

Browse  Details of Report @ https://www.hexaresearch.com/research-report/aerospace-plastics-industry 

Applications comprise wings & rotor blades, airframe & fuselage, and cabin areas. Airframe & fuselage was the biggest segment in 2013. Demand for aerospace plastics in wings & rotor blades surpassed 7, 900 tons in 2014. ‘Plastics adoption’ in wings makes the latter quite resistant to metal fatigue. Demand for cabin area applications would grow at over 5 percent CAGR till 2024.

Polymers are polyether ketone ketone (PEKK), polyether ether ketone (PEEK), and polymethyl methacrylate (PMMA). PEKK was nearly USD 74.5 million in 2014. It has high ‘glass transition temperature’ & ‘mechanical load.’ PMMA generated around USD 168 million in 2014. It is used in flight decks & cockpits owing to its lightweight features.

Aerospace plastics do not rust and can function better than other materials. This characteristic bodes well for the aerospace plastics market and drives its incomes. End-users consist of military aircrafts, general aviation, and commercial & freighter aircrafts. Commercial & freighter was the biggest segment in 2013. Military aircrafts are likely to experience the fastest growth.

Geographical regions encompass Europe, Asia Pacific, North America, and rest of the world. Europe dominated the global market in 2013. This region and Asia Pacific may be lucrative in the near future. 

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/plastics-polymers-and-resins-industry

About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com

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Powder Coating Market to Show 7% CAGR Till 2024

The global Powder Coating Market is expected to grow at a healthy CAGR of over 7 % over the forecast period (from 2016 to 2024). Strong automobile production outlook in Brazil, China, Germany, and Malaysia is anticipated to drive the global market across various applications such as door handles, rims etc. Steady raw materials supply is said to result in a stable price trend during the next few years. The global market is categorized as applications and regions. 

The application sector includes architecture, automotive, industrial, consumer goods, and furniture. The consumer goods sector dominated the global market in 2015 occupying over 23 % of the total revenue. This is mainly because coatings provide a supple, consistent finish that resists cracking and/or peeling. In addition to this, the rising demands for domestic appliances such as freezer cabinets, microwave ovens, washing machines etc., are also projected to augment the market growth. The automotive sector is also expected to witness a rapid growth with a CAGR of over 8 % during the estimated years. Shelving systems, outdoor metal furniture, metal cabinets etc. are several other lucrative applications with a revenue forecast of over USD 3 billion by 2024. The advent of Medium Density Fiber Board (MDF) has strengthened the wood furniture application scope over the few years. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/powder-coatings-industry

Regionally, North America dominated the global powder coating market with revenue of USD 2 billion. However, the region may lose its share as a result of a long-time presence and awareness of liquid coatings intended for the architectural applications in the United States. The European regional market is expected to gain a share of over 890 kilo tons by 2024. The major factor driving the European market is the growing production of automobiles in Hungary, Germany, Romania, United Kingdom, and Austria with the production base of automobile manufacturers such as Chevrolet, Lincoln, Daimler-Chrysler, Dodge, and Mercedes-Benz. The APAC region is also anticipated to witness huge growth on account of rapid growth across various sectors such as consumer goods, infrastructure, and automotive. The Middle East & Africa and Latin America regions are comparatively immature markets; however, they may provide lucrative opportunities for the market players during the next few years. 

Some of the major companies in the global powder coating market are PPG Industries; Axalta Coating Systems; and Akzo Nobel N. V. 

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/paints-coatings-and-printing-inks-industry

About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/

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Injection Molded Plastic Market to Reach USD 296 billion by 2024.

The global Injection Molded Plastic Market was valued at around USD 199.9 billion in 2015. It is expected to grow at a CAGR of approximately 5% during the forecast period (2016 - 2024). It will reach USD 296 billion by 2024. The growth of this market can be attributed to its growing demand in medical devices, home appliances, automotive, packaging, and electrical & electronic end-uses. 

The molding process involves injecting molten plastic into molded products and solidifying them. The growth of this industry can be accredited to properties like heat resistance, pressure resistance, minimum wastage, and low labor cost. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/injection-molded-plastics-industry 

Prices of volatile crude oil, benzene, ethylene, propylene, and styrene can challenge market growth in the coming eight years. To overcome such challenges, the industry is trying to manufacture molded plastic using biodegradable products. The injection molded plastic market is segmented into applications, raw materials, and geographies.

Applications include automotive, building & construction, consumables & electronics, packaging, medical, and others. Packaging was the leading application with a net demand surpassing 30,000 kilo tons in 2014. 

The injection molded plastic holds an immense potential in medical and automotive segments. Biocompatible, cost efficient and optical clarity method of production can drive this segment till 2024. 

Raw materials comprise acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), Polypropylene, Polystyrene, and others. Polypropylene accounted to over 35% of the total market demand in 2014. High demand for injection molded polypropylene in packaging, automotive, and household goods is likely to impel market growth in the coming years. 

Geographies encompass North America, Central & South America (CSA), Asia Pacific, Europe, and the Middle East & Africa. Asia Pacific dominated the market holding over 37% of total volume in 2014. Rise in the demand of the plastics in the automobile industry in this region is likely to drive the market growth in this region. Increasing construction in India, China, and Indonesia will augment market growth in the region. 

Major global injection molded plastic industry players are BASF, DuPont, Dow Chemical Company, and LyondellBassell. Early 2016, LyondellBassell started a new Polypropylene grade called Purell grade RP315M and Purel HP548N for healthcare applications like syringe plungers, pill strips, and others. These products increase the cycle time and production of cast film. 

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About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/

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High Heat Foam Market is Driven by Rising Demand from Aerospace and Automotive Sectors

Global High Heat Foam Market was worth USD 7.5 billion in 2015. It is expected to grow to USD 14 billion by 2024. This can be attributed to escalating demand from aerospace and automotive sectors. Developing countries like Brazil and India are lucrative markets for automotive and industrial applications of high heat foam.

Usage of foam insulation lowers energy wastage. This coupled with stringent environmental regulations is boosting its consumption across industrial sectors. High heat foam is also used in sports and leisure, particularly in Asia Pacific.

The worldwide high heat foam market is categorized on the basis of products, applications, and regions. Products are divided into melamine, silicone, polyimide, polyethylene, and others. Silicone dominated the market in 2015. It accounted for 35% of the total revenues that year, and is likely to grow at a CAGR of 5.4% from 2016 to 2024 (forecast period). Industrial applications generate most of the demand for silicone products.

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Polyimide fetched revenues worth USD 1.3 billion in 2015. Its benefits include strong fire resistance, low weight, and eco-friendliness. Melamine occupied 12% of the market in 2015. It could grow at a CAGR of 7.5% in the forecast period. Its ability to offer excellent thermal insulation is driving its adoption in the aerospace industry.

Applications comprise industrial, automotive, locomotive, aerospace, and others. Automotive, with 33% of the market volumes, was the largest consumer in 2015. It should grow at a CAGR of 5.4% over the next eight years. High heat foams are extensively used in the interiors of high performance cars to improve their engines’ capabilities. Aerospace applications accounted for USD 1.2 billion in 2015.

North America, Asia Pacific, Europe, Central & South America, and MEA (the Middle East & Africa) constitute the regional segments. Asia Pacific reigned in 2015, with over 39% volumes. Demand in North America exceeded 250 kilo tons in 2015. However, this region’s growth would be stagnant till 2024.

Key competitors in the global high heat foam market include Armacell International S.A., Wacker Chemie AG, UBE Industries Ltd., Evonik Industries, and Rogers Corporation. They focus on development of new products to gain market share.

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About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/

[bulkchemicalsreports]

Glyphosate Market to Generate Revenue Worth$9 Billion By 2024

The global Glyphosate Market was valued at around USD 5 billion in 2012. It is likely to reach USD 9 billion over the forecast period (2016-2024). Increasing population and the rise in demand for genetically modified (GM) crops are expected to driver of the glyphosate market. 

Increase in crop consumption for biofuels and animal feed can propel market growth in the coming years. Moreover, development in the field of genetically modified crops promoting weed resistance is likely to boost market growth. This product helps farmers in reducing the degree of tillage, further positively affect the market. 

Glyphosate is used extensively in gardens and home landscaping. It effectively kills annual and perennial grasses along with dandelions, broadleaf weeds, shrubs, poison ivy, kudzu, and other weeds. 

Using this product in a large quantity can lead to an increase in immunity in the weeds. Additionally, it can increase the toxicity related risks can also challenge the growth of the glyphosate industry. The market is bifurcated into applications and regions. 

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Applications comprise of conventional crops and genetically modified. The conventional crops segment dominated the demand accounting to over 52% of the total consumption in 2014. However, the genetically modified crop based application can exhibit the highest gain over the forecast period. 

Regions are divided into North America, Europe, Asia Pacific, and the RoW (Rest of the World). Asia Pacific held the largest market in 2013. It is expected to continue doing so, over the forecast period, owing to the rapid adoption of the product in countries like India and China. 

North America can exhibit substantial growth over the eight years. The growth can be attributed to the awareness of the increase in agricultural yield. However, European glyphosate industry held around 15% of market share in terms of total volume, in 2014. However, it is likely to show less demand due to the unfavorable regulations of the region.

Zhejiang Xinan Chemical Industrial Group Company Limited, Monsanto, BASF SE, and SinoHarvest Corporation are some of the major competitors of the global glyphosate market. Monsanto is leading the worldwide market, owing to the role in the introduction and adoption of crops that are glyphosate-tolerant. The players engage in mergers and acquisitions as a part of their strategic activities. 

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About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

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[bulkchemicalsreports]

Conformal Coating Market is Set to Value USD 16 billion by 2024

The global Conformal Coating Market is estimated to attain close to USD 16 billion by 2024. It stood at USD 9.7 billion in 2015. Industries, such as automotives and consumer electronics can propel this market from 2016 to 2024 (forecast period). 

Conformal coatings are thin polymeric films which protect electronic components against chemicals and various other environmental effects. But these are used primarily on printed circuit boards (PCBs). Brush coating, spray application coating, and conformal coating dipping are the various ways in which these coatings are used. Selecting the right material for conformal coating can ensure the reliability of circuit boards in the long run. 

Customization is the latest trend in the global industry. Companies these days develop 8-10 different versions of a particular coating material to meet the demands of various industries. However, fluctuating prices of raw materials may negatively influence market growth. Concerns regarding volatile organic compound (VOC) content in conformal coatings can also hamper worldwide demand. Most industry players focus on novel technologies to simplify the application procedure. They invest robustly in this area to reap long term benefits. Technologies such as ultrasonic coatings, selective coatings, and selective needle dispensing may catapult market demand over the forecast period. 

Browse Details of Report@ https://www.hexaresearch.com/research-report/conformal-coating-market 

The global conformal coating market is segmented on the basis of products, end-users, and regions. Based on products, the segments are parylene, urethane, silicone, epoxy, acrylic, and others. ‘Others’ consists of UV cure coatings. Acrylic conformal coatings accounted for over 40% shares in global revenues in 2015. Superior surface adhesion rate & moisture resistance exhibited by these coatings can fuel its demand over the next eight years. Silicone coatings are projected to display a CAGR below 6% in the forthcoming years. This segment is propelled by demand from manufacturing & industrial sectors. 

End-users in the global conformal coating market are industrial, marine, consumer electronics, medical, automotive & transportation, aerospace & defense, and others. ‘Others’ includes military and telecommunications. Consumer electronics accounted for over 40% of overall market demand in 2015. Robust demand for computers, laptops, smartphones, and other household electronics is expected to positively impact the industry. 

The automotive & transportation segment could expand at a CAGR above 4% during the forecast period. It uses conformal coatings to protect circuits from salt spray, brake fluid, and gasoline vapor in automobiles. They are also used extensively in passenger compartment systems and under the hood systems. 

On the basis of regions, the global conformal coating market is divided into North America, South America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). With a revenue share exceeding 55%, APAC led the worldwide industry in 2015. China is the most lucrative region in APAC because of low raw material & labor costs.  High disposable incomes and lifestyle changes in APAC could boost industries, such as consumer electronics, aerospace, and medical. Such a trend may support the global market growth in the years ahead. 

Key competitors operating in the global Conformal Coating Market are H. B. Fuller, Henkel AG & Co. KGaA, Dymax Corporation, and Chase Corporation. As a means to reduce transportation costs, most of these players procure raw materials directly from their local suppliers. Common market expansion strategies adopted by companies are product innovation and strategic business ventures. Dymax Corporation has launched a new conformal coating for PCBs and other electronic components. The product named ‘Multi-Cure 9-20557’ has been developed to stick on difficult-to-wet components made from silver or copper. 

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/

[bulkchemicalsreports]

Biocides Market is Projected to Expand at a CAGR over 5% till 2024

Growing at a CAGR over 5% during 2016 to 2024, the global Biocides Market is anticipated to reach nearly USD 12980.8 million by 2024. Stringent environmental regulations and growing awareness are likely to drive the market till 2024. Health awareness and the need for clean water will boost industrial growth in the coming years. Moreover, industrialization in emerging economies and demand for potable water could augment the segment of water treatment.

Biocides are compounds used as antimicrobial, antifouling & disinfecting agents, and as pesticides. Halogens such as bromine & chlorine, organosulfur, copper salts, acrolein, iodine, amines, metals, and quaternary ammonium salts are used to make biocides. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/biocides-industry 

Rigid regulations by regulatory bodies such as the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), the Environmental Protection Agency (EPA), and Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) may hinder market progress. 

The global biocides market is divided into applications, products, and geographies. Applications include painting & coatings, water treatment, personal care, food & beverages, and wood preservation, among others. Water treatment dominated the market with over 23% shares in 2014.  Regulatory policies that implement ‘water treatment’ standards can positively affect the market. Water treatment aims at offsetting the ill-effects of microbial activity, corrosion, and disposal of waste water. 

Food & beverages held a market share exceeding 16%, in 2014. The growing need to control microbial activity in foods & drinks and the use of preservatives can stimulate the market. Rapidly changing lifestyles and demand from emerging economies are the other factors fueling this segment. 

The personal care segment will expand significantly at nearly 5.5% CAGR till 2024. Biocides are used in shampoos, shower gels, and moisturizing creams. They reduce bacterial and fungal activities and increase the shelf-life of these products. This in turn propels the demand for biocides. 

Based on products, the global biocides market is divided into organic acids, phenolic, nitrogen, halogen compound, metallic compound, organosulfurs, and others. Halogen compound dominated the market with over 25% shares in 2014. Halogens are vastly used to treat waste water in municipal & industrial projects. 

Metallic compounds are used in paints & coatings, food & beverage, and wood preservation. They are also used as substitutes for halogens in water treatment. This segment held over 18% revenue shares in 2014. Organosulfurs are used to control microbial activities in oil refinery industries as they contain antifungal and antibacterial properties. In 2014, this product held a share over 11%. 

 Regions in the global biocides market are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). North America held over 40% of the global revenue in 2014. The U.S. led the region in 2014 with 75% of the overall incomes. U.S. funding for infrastructural development is projected to add to the demand for paints & coatings. This will further support the global market till 2024. 

Asia Pacific may expand at a CAGR of more than 6% from 2016 to 2024. Rising healthcare expenditures owing to technological advancements and cheaper medical facilities will boost the phenolic biocides industry in the region. Ongoing industry trends suggest that China will continue to dominate the region in the forthcoming years. It will grow at a significant rate till 2024. 

Dow Microbial Control, Troy Corporation, Arch Chemicals, and ISP are the prominent companies in the global biocides market that account for nearly 56% of the total demand. Arch Chemicals dominated the industry in 2014. It captured over 15% of the worldwide shares that year. 

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/

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Construction Chemicals Market is Predicted to Show Significant Growth till 2024

The global Construction Chemicals Market is likely to attain USD 67.61 billion by 2024. It is projected to observe significant gains over the forecast period (2016-2024). The market is driven by rising demand from several end-use industries comprising residential and non-residential & infrastructure. Brisk move towards urbanization along with escalating focus of infrastructure growth in promising economies will stimulate the demand further. 

The worldwide construction chemicals market can be segmented by products, end-users, and regions.  Products are concrete admixtures, concrete sealants, concrete adhesives, and protective coatings. Concrete admixtures segment contributed for above 64.7% of the total market volume shares in 2015. 

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They are extensively used in concrete to improve its physical and chemical properties and are utilized in all types of constructions for instance non-buildings, residential, and non-residential infrastructure. Construction chemicals develop the power of the building structure. It provides superior durability, chemical resistance, and noticeably lowers the water and cement necessity.

End-users in the market encompass residential and non-residential & infrastructure. Non-residential & infrastructure sector accounted more than 60% l revenue shares in 2015. In this sector, construction chemicals find usage in manufacturing and industrial buildings, composition of warehouses, hotels and retail, and office spaces.

Main regional segments in the global construction chemicals market are Asia Pacific, North America Europe, Latin America, and the Middle East & Africa (MEA). Asia Pacific was the leading market for construction chemicals in 2015. It was valued close to 45% in terms of value in the same year. India and China are the chief countries in this region accounting for above 50% of the total revenue. 

The worldwide construction industry is gradually recovering post the decline in 2008 and 2009. Several European construction companies achieved substantial shares in 2015. The expansion of the construction chemicals industry is directly linked with the intensification of construction market at the global scale. 

Market participants are mounting their customer base through strategies counting exhibitions and new product launches. U.S. based Dow Chemical Company is a key participant in this market. The company manufactures an extensive variety of adhesive and sealant products. Other top most players in the market include FOSROC Chemicals India Private Limited, BASF SE, Pidilite Industries Limited, Dow Chemical Company, W.R. Grace & Company, and Sika AG. 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ 

[bulkchemicalsreports]

Automotive Coatings Market to Generate Revenue more than $28 Billion by 2024

The global automotive coatings market is anticipated to surpass USD 28 billion by 2024. The rising demands for coatings on account of its ability to protect vehicles against acid rain, harsh weather, and UV radiation are projected to propel market growth. Increasing consumption of UV-cured coatings due to their properties such as high chemical resistance, solvent-free formulations, and low-temperature processing is expected to boost the product demands. However, fluctuating raw material prices are likely to pose a challenge for market growth. The global market is categorized as technologies, products, applications, end-uses, and regions. 

The technology sector includes waterborne, solvent-borne, powder coatings, UV-cured. The solvent-borne sector led the industry in the past few years. However, it is likely to drop its share drastically since it releases high levels of Hazardous Air Pollutants (HAP) and Volatile Organic Compounds (VOCs). Powder coatings are said to have the fastest growth due to their various properties like superior finish, high corrosion resistance, etc. Waterborne coatings are also likely to experience huge growth on account of their properties such as heat resistance, adhesion etc. 

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The product sector of the automotive coatings market comprises electrocoat, primer, clearcoat, and basecoat. The basecoat sector led the market and is projected to have significant growth during the forecast period (from 2016 to 2024). Electrocoats are likely to drive the market since they are anti-corrosion and anti-rust agents. The demands for clearcoat are estimated to grow as it provides protection against sun and UV rays.

Application-wise, the metal sector dominated the industry and it is further expected to witness huge growth in the near future. Plastic coatings are projected to be the fastest-growing application sector due to its increasing usage in automobile manufacturing as it is flexibility, lightweight, corrosion-resistant, durable, cost-effective, and recyclable.

Light vehicle OEM led the end-use sector in 2015 and it is said to experience a considerable growth during the next few years. The automotive refinish sector is likely to have rapid growth on account of growing consumer spending levels in developing economies of the APAC region.

Asia-Pacific was the dominant regional market in 2015. The region is projected to experience rapid growth with a CAGR of over 6 % over the estimated years. Europe is likely to drop its market share in the automotive refinishes sector to APAC due to lesser accident levels in the region. The Middle East & Africa will also have huge growth as a result of rising production facilities in the region.

The key players of the automotive coatings market include Axalta Coating Systems; PPG Industries; Jotun A/S; BASF SE; AkzoNobel N. V.; and Kansai Paint Co. Ltd. 

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/