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Naphthalene Derivatives Market – Market Adopts Innovation to stay competitive forecast 2024
Synthesis of naphthalene derivatives require naphthalene compound as a basic precursor. Naphthalene is one of the most important members of the class of organic compounds, wherein two or more benzene rings are fused together at ortho-position. Naphthalene derivatives are synthesized in two stages, namely, ring closure by cyclization reaction, followed by aromatization process. However, various other modifications can be carried out to synthesize different types of naphthalene derivatives. 1, 6-dihydroxynaphthalene, 1-methylnaphthalene, 1-naphthol and 2-naphthol are some of the examples of naphthalene derivatives commercially available in the market. These derivatives are available in powder and liquid form, of which, the powder form finds prominent use. CMI forecasts the global naphthalene derivatives market to grow at a healthy growth rate over the forecast period (2016-2024), owing to factors such as ever rising demand for naphthalene derivatives such as naphthalene formaldehyde in the construction industry across the world. Request For Sample Copy of this Research Report :
https://www.coherentmarketinsights.com/insight/request-sample/345
Market Outlook – Increasing construction and textile industry in Asia Pacific is expected to boost the growth for naphthalene derivatives market
Asia Pacific is expected to be the most lucrative market for naphthalene derivatives market, owing to rising economy, strong growth of construction and textile sectors to support the increasing population, along with increasing number of production facilities due to the foreign investments and increasing FDI, especially in China and India. North America and Europe are expected to witness a moderate growth in the market due to implementation of stringent regulations pertaining to the application of the same. For instance, use of naphthalene derivatives is prohibited in cosmetics since it is considered harmful for skin. For instance, in the EU, it is categorized as a carcinogenic, mutagenic, reprotoxic (CMR) substance, while the U.S. FDA has banned its use in cosmetics.
Some of the companies operating in the global naphthalene derivatives market include BASF SE, RÜTGERS Group, Huntsman International LLC, Evonik Industries AG, Koppers Inc., Arkema Group, Kao Corporation, Giovanni Bozzetto Spa, Cromogenia-Units S.A., and Clariant etc. Key players existing in the global naphthalene derivatives industries are currently focusing on geographical expansion, particularly in the emerging economies of China, India, South East Asia, and Brazil etc. With the increase in population and rapid urbanization, construction and textiles industries in particular are expected to witness a significant rise in demand, which in turn would fuel demand for naphthalene derivatives.
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https://www.coherentmarketinsights.com/ongoing-insight/naphthalene-derivatives-market-345
About Coherent Market Insights:
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Coherent Market Insights
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Seattle, WA 98154
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Copper Sulfate Market – Market to Register unweavering Growth During in global By 2024.
Copper sulfate, denoted by the chemical composition CuSO4, is derived as a result of the chemical reaction when copper is treated with concentrated sulfuric acid. Copper sulfate is also known as cupric sulfate and is available in two forms namely hydrous copper sulfate and anhydrous copper sulfate. Copper sulfate market is witnessing an ever increasing growth in demand owing to its significant application in agricultural industry as an efficient fungicide. Apart from agricultural industry, copper sulfate is also used in the chemicals industry as a component for preparation of catalysts used in various chemical processes, of purification of gases such as removal of hydrogen chloride and hydrogen sulfide. It is also used as a source of copper. Copper sulfate is a versatile chemical compound that has an extensive range of applications in various industries such as chemicals, leather, and electrical.
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The agricultural industry is a major end user of copper sulfate market. Demand for copper sulfate is expected to increase significantly in this industry, owing to its increasing use in production of herbicides, fungicides, pesticides, and fertilizers in animal feedstock sulfate. Other applications of copper sulfate contribute fairly to the increasing demand for copper sulfate industry such as, copper sulfate adhesives that are used in production of paints and glues. Copper sulfate witnesses an increasing demand sulfates an additive in binding pastes and glues for books in order to protect them from book bugs. This highly versatile compound also finds wide application in the construction industry, sulfate where it is used as an additive in concrete to offer disinfectant and water resistance qualities. Increasing usage of copper sulfate in fireworks, artworks as a coloring agent, printing ink, and hair dye, among other applications is expected to lead to a significant surge in growth of the copper sulfate market.
Market Outlook – Rapidly growing agricultural activities is expected to fuel the demand for Copper Sulfate market
Asia-Pacific region is a region characterized by a burgeoning agricultural industry that is witnessing significant growth to keep pace with the population explosion in the region. This creates a highly conducive growth environment for copper sulfate, which is used in agricultural chemicals including fungicides, herbicides, and insecticides. Growth of the agricultural sector in developed regions of North America and Europe are also expected to position these as lucrative market for producers of copper sulfate, especially in sulfate in U.S. and Canada. The production of copper sulfate is increasing in Europe due to the increasing usage of copper sulfate additive in animal feedstock.
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Leading producers of copper sulfate include ATOTECH, Allan Chemical Corporation, WEGO Chemical & Mineral Corp., and NOAH Technologies Corporation.
About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Drilling Chemicals Market – Market perspective by comprhensive analysis Growth Prediction to 2024.
Drilling chemicals are majorly used in processes such as oil & gas exploration, metal & mineral extraction, coal seam gas drilling, and for bore well drilling. Drilling chemicals are useful in terms of cooling and lubrication of the drilling equipment, maintaining the pressure, removing cuttings from bore wells, and providing support and stabilizing the bore well area. Drilling chemicals are widely used to aid drilling boreholes into the earth’s crust. The rising number of deep water discoveries, especially in the Pacific regions as well as the Persian Gulf is expected to surge growth of the market.
Increasing usage of drilling chemicals is majorly attributed to major investments in energy & mineral exploration. Increasing demand for base metals, precious metals, oil, and natural gas is in turn resulting into rapid growth of the global drilling chemicals market in the recent past. This is primarily the resultant of rising rate of urbanization and industrialization in emerging economies. Growing concerns for spill containment, holding solid wastes and bore holes is also expected to augment growth of the market over the forecast period (2016–2024). Also, factors such as increasing offshore drilling activities across various regions, shale boom in few regions, and increasing exploration activities to discover untapped oil & gas reserves are also expected to be potential drivers of the market.
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Drilling Chemicals Market Outlook- Asia Pacific is expected to be the Most Lucrative Region for the Key Players
Regional segmentation for the global drilling chemicals market includes North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds a dominant position in the global drilling chemicals industry, owing to increasing oil and natural gas production in the region along with potential developments in oilfield in countries such as U.S. and Canada. Asia Pacific is expected to be the fastest growing market, owing to the increasing demand for drilling chemicals in countries such as China and India. According to data released by the Department of Industrial Policy and Promotion (DIPP), the petroleum and natural gas sector in India attracted FDI valued at US$ 6.8 billion between April 2000 and December 2016. Demand for drilling chemicals in certain countries such as UK and Netherland are significantly high owing to new oilfield exploration activities.
Major companies operating in the global drilling chemicals market include Anchor Drilling Fluids Inc., Tetra Technologies Inc., Canadian Energy Services Inc., Global Fluids & Chemical Co., Baker Hughes, Newpark Drilling Fluids LLC., M-I SWACO, and Halliburton.
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https://www.coherentmarketinsights.com/ongoing-insight/drilling-chemicals-market-334
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Potassium Sulphate Market –Perspective by Comprehensive Analysis Growth Prediction to 2026
Potassium sulphate, commonly known as sulphate of potash (SOP), is a water soluble white crystalline salt that finds wide application in the pharmaceuticals industry. In the food industry, potassium sulphate is used as a source of macronutrients potassium and sulphate. Increasing use of potassium sulphate in the food industry as flavoring agent and as an adjuvant has resulted in rampant growth of the potassium sulphate market in the recent past. Potassium sulphate used in food industry is manufactured in accordance with the “Food Chemicals Codex” regulation implemented by the Food and Drug Administration (FDA). Potassium sulphate is commonly used in the agriculture industry as a fertilizer for sensitive crops such as flowers, fruits & vegetables, tobacco, turf & ornamentals, among others. Request For Sample Copy of this Research Report :
https://www.coherentmarketinsights.com/insight/request-sample/320
Growing consumption of potassium sulphate as a feedstock for procuring macronutrients, ingredients, activator and nutrient salt across various industries is fueling growth of the potassium sulphate market. The potassium sulphate products offered by the manufacturers are in line with current trend of applications of the products such as in specialty fertilizers, lubricants for wire drawing, production of insulin, and extraction of precious metals such as biobleaching.
Potassium sulphate is manufactured by extraction of potassium and sulphate ions from natural ores or brines by evaporation or chemical methods. The common methods used for extraction of potassium sulphate are salt lake brine processing, sulphate salts reaction and Mannheim process. Potassium salt derived by the process of salt lake brine processing is cheap as compared to other methods. The average manufacturing cost of potassium sulphate by salt lakes brine processing is approximately US$ 200/ ton, the average cost of production by sulphate salts reaction is US$ 300/ton and the average cost of production by Mannheim process is US$ 400 to 550/ton.
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Fragmented Market
The Global potassium sulphate market is highly fragmented due to the participation of many established and emerging players in the industry. Major players involved in the market include K+G Kali Gmbh (Germany), Tessenderlo Group (Belgium), Great Salt Minerals Corporation (U.S.), SDIC Xinjiang Luobupo Potash (China), SQM (Chile), Yara International (Norway), Rusal (Russia), Compass Minerals (U.S.), Guotou Xinjiang LuoBuPo Potassium Salt (China), Sesoda (Taiwan)
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Gaffers Tape Market - Market to Register Unwavering Growth During in Global by 2026
Gaffers tape is meant for temporary use and is designed accordingly so as to leave no residue once removed. Earlier, duct tape was introduced in the packaging industry which created a revolution in the market. Duct tape is least preferred in the construction industry as it does not fare well in conditions wherein it is subjected to cooling and heating of the surface. The temperature variation causes the adhesion to fail over time. Gaffers tape was introduced in the market with improved properties and better performance despite temperature fluctuations. Packaging industry has seen a revolution in over the last decade with introduction of carton sealing, void fill, and pallet wrapping. Rising adoption of carton sealing in turn has increased demand for industrial tapes. Gaffers tape has witnessed increased acceptance due to growing demand for industrial tapes in the global packaging industry.
Gaffers tape, also known as camera tape, is a heavy cotton cloth pressure-sensitive tape that has high adhesive properties. Gaffers tape provides packaging companies with the freedom to use any type of packaging material without the use of solvent.
Some of the companies operating in the global gaffers tape market are KGaA, 3M Company, Avery Dennison, Can-Do National Tape, The Dow Chemical Company, Ashland Inc., H.B Fuller,Henkel AG & Co., Le Mark Group, and PROTAPES AND SPECIALTIES, INC.
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Gaffers Tape Market Outlook - Increasing Electrical and Electronics Industry Growth Leading to Augmented Demand for Gaffers Tape
Asia Pacific is one of the largest markets for gaffers tape. This is mainly attributed to the rapidly growing construction industry in this region. According to India Brand Equity Foundation (IBEF)—a trust by the Department of Commerce, Ministry of Commerce and Industry, Government of India—,in FY2020 the Indian construction Industry is estimated to reach a value of US$ 5 billion. This inadvertently would boost growth of gaffers tape market in India. Also, gaffers tape market is expected to receive a boost in APAC region due to wide availability of Polypropylene, PVC, which is used as raw material for production of gaffers tape. Also the growth in automotive industry has further fueled consumption of gaffers tape in Asia Pacific region.
With high ease of entrance for new manufacturers, the global gaffers tape industry has become highly fragmented. This had led to competition among manufacturers. This is expected to be one of the restraining factors in the gaffers tape market. However, the present focus of manufacturers is towards introducing ecofriendly technology in the market. The major players have adopted this strategy to maintain their position in the market. This approach is also expected to prove beneficial for the new entrants in the gaffers tape market over the forecast period.
For More Information:
https://www.coherentmarketinsights.com/ongoing-insight/gaffers-tape-market-314
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Spandex Market, By Fabric Type, Production Process, and Application - Market Size & Share to See Modest Growth Through 2026
Spandex, elastane or lycra is an elastic synthetic fiber. It contains a combination of long chain polglycol, short chain diisocynate, and minimum 85% of polyurethane. Stabilizers and colorants are added to improve quality and enhance appearance of spandex. Spandex offers superior strength, weight, and versatility as compared to rubber. They have high elasticity and can be stretched 500% of their length. It is mainly used in fabrics due to its properties such as ability to be stretched, softness, smoothness, lightweight, easy dyeing, abrasion resistant, resistant to detergent, resistant to body oils and perspiration, and compatible with other materials and fibers. It is commonly used in textile and clothing industry and healthcare industry. Spandex is used in sportswear, active wear, casual clothing, under garments, home furnishings, diapers, bandages, and compression stocking and hoses.
Increasing use of spandex in healthcare and textile industry, increasing penetration in other industries such as automobiles, aviation and energy, and the launch of ecofriendly and bio-based spandex are the major market drivers of spandex market. Development of alternatives such as natural latex is the major threat to this market. However, many market players are investing significantly in research and development to improve characteristics of spandex such as elasticity, for further growth of spandex market.
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Spandex -Market Outlook
Asia pacific is the largest and rapid growing market, owing to industrialization, improved standard of living, low cost of production and processing, and increasing foreign investments. Moreover, the presence of a large number of local players in India, China, and Japan is fueling the market growth. According to India Brand Equity Foundation (IBEF), trust established by the Department of Commerce, Ministry of Commerce and Industry, and Government of India, the apparel market in India is expected to exhibit a CAGR of 11.8% and is projected to reach US$ 180 billion by 2025 which, in turn, will drive the growth of the spandex market in India.
Europe is witnessed to have a fastest growing market mainly in Germany, France, Italy, Spain, and Netherlands. This is owing to the growing apparel and textile sector in this region. Thus, there is a significant demand for spandex in Europe.
There is a lucrative demand for spandex in textile and healthcare industry which has augmented the spandex market in North America.
In developing nations of Latin America, Africa, and Middle East, factors such as increasing population, increasing disposable income, and rising preference and adoption of spandex containing products are fueling the growth of spandex market in this region.
Key Players in the Global Spandex Market
The key market players in spandex market are adopting inorganic and organic strategies such as merger and acquisition, capacity expansion, and new product launch to sustain their position. Some companies operating in the spandex market include Asahi Kasei Corporation, DuPont, Hyosung Corporation, Indorama Industries Limited, INVISTA, Jiangsu Shaungliang Spandex Co., Ltd, TK Chemical Corp., Xiamen Lilong Spandex Co., Ltd, Yantai, Taekwang Industrial Co. Ltd., Tayho Advanced Materials Co., Ltd, and Zhejiang Huafon Spandex Co. Ltd.
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https://www.coherentmarketinsights.com/ongoing-insight/spandex-market-311
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Formaldehyde-free Resin Market - Market Shows Boosted Growth Rate in Forecast to 2026
Formaldehyde-free resin is an excellent replacement of the conventional urea-formaldehyde and phenol-formaldehyde resins used for insulation purpose in furniture, adhesive and construction industry. Formaldehyde-free resins are also used in the textile industry to increase the color retention of various shades of jeans. The phenol-formaldehyde (PF) resin industry is facing an increasing challenge with respect to concerns regarding human health owing to the consumption of carcinogenic formaldehyde. Also inclusion of petroleum-based phenol in PF resin manufacturing poses risk towards sustainability.
Formaldehyde-free resin offer enhanced moisture resistance, excellent adhesion and cure performance when used in wood adhesives for industrial as well as residential applications. This has led to increase in the use of formaldehyde-free resin in the adhesive industry, which has amplified the growth of formaldehyde-free resin market. Formaldehyde-free resins are also used for binding fiberglass filaments in the fabrication of industrial nonwovens, including fiberglass webs used in roofing insulation, flooring, and HVAC filters.
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Formaldehyde-free Resin Market Outlook – Stringent Regulations on the use of Formaldehyde Expected to Propel Demand
Stringent laws restricting the use of formaldehyde resins have forced the manufacturers and end users to opt for formaldehyde-free alternatives in the resin market. The World Health Organization’s International Agency for Research on Cancer, in June 2004 categorized formaldehyde as a group l chemical, which indicates it is carcinogenic to humans. As a result, the Occupational Safety and Health Administration (OSHA) in the U.S. regulated the acceptable exposure level of formaldehyde as 1 ppm. This has propelled consumption of formaldehyde-free resins in construction, adhesive and furniture industries, which has augmented growth of formaldehyde-free resin market. Asia Pacific has a major share in volume in the formaldehyde-free resin market. This is mainly attributed to budding urbanization and modern infrastructural needs in the emerging economies of the region.
High price of the formaldehyde-free resin is expected to be one of the restraining factors for the growth of formaldehyde-free resin industry over the forecast period. Research and development related to lowering the cost of the formaldehyde resin in the near future is one of the key strategies implemented by the market players to maintain their position. Some of the companies operating in the global formaldehyde-free resin market are Georgia-Pacific Chemicals LLC., The Dow Chemical Company, DSM, ARCL Organics Ltd., allnex group, Emerald Performance Materials, BASF SE, and Hexion.
For More Information:
https://www.coherentmarketinsights.com/ongoing-insight/formaldehyde-free-resin-market-302
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Construction Chemicals Market - Market Revenue Growth Predicted by 2026
Construction chemicals are additives that are used with concrete, cement, and other construction materials to provide additional durability and workability to various structures. The type of chemical to be used depends on the size and nature of the project. Construction chemicals are used to obtain certain desired characteristics in concrete such as high workability, high compressive strength, and high performance and durability parameters to meet the requirement of complexity of modern structures. Hardeners are used with structures to seal them against moisture and making them dustproof by bonding the crystalline structure of cement.
Admixtures can modify properties such as workability, water reduction, heat of hydration, dispersion and air-entrainment, accelerating or retarding setting time, impermeability and durability factors. Commonly used admixtures are hydro carbolic acid salts and ligno-sulfonates. Construction chemicals provide structures with enhanced bond strength and moisture retention, increased crack resistance of mortar, increased yield with same quantity of construction materials, decreases drying time of mortar and improves appearance.
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Construction Chemicals Market Outlook – Need for Durable and Lightweight Materials Expected to Boost Demand
Rapidly increasing growing construction industry coupled with complex modern infrastructural needs fuels growth of construction chemicals market. Asia Pacific is one of the major contributors to the construction chemicals market. This is owing to constantly growing construction industry in emerging economies such as India and China. According to India Brand Equity Foundation (IBEF)—part of the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to grow to a value of US$ 5 billion by 2020. Also, various government schemes and foreign investments have augmented the growth of construction chemicals market in the region. Growing infrastructural needs in India has attracted various investors such as Silver Spring Capital Management, Altico Capital, The Construction Industry Development Board of Malaysia, and many more. This in turn creates a conducive environment for market growth.
High price of construction chemicals is one of the restraining factors for the construction chemicals market. Mergers and acquisitions and expansions in various geographies are some of key strategies followed by the top players in the construction chemicals market. In August 2016, Pidilite Industries, a leading manufacturer of construction chemicals, adhesives and sealants, along with Industria Chimica Adriatica Spa (ICA) of Italy formed an equal joint venture company - Wood Coat. Developing an innovative product portfolio is also one of the key strategies for the new entrants in the construction chemicals industry. The Dow Chemical Company is developing construction chemicals with increased use of silicone, which will enhance the characteristics of construction chemicals. Some of the companies operating in the market of construction chemicals globally are Pidilite Industries, BASF SE, RPM International Inc., Sika A.G., The Dow Chemical Company, Fosroc International, Arkema S.A., Ashland Inc., Mapei S.p.A, and W.R. Grace.
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https://www.coherentmarketinsights.com/ongoing-insight/construction-chemicals-market-298
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Polyurethane Adhesives Market - Market Shows Boosted Growth Rate in Forecast to 2026
Polyurethane-based adhesives are used in bonding solid and relatively inflexible substances and provides high UV resistance. Polyurethane polymers are formed by the reaction of isocyanate and a polyol. Both isocyanates and polyols used in the process contain two or more functional groups per molecule. They are used for bonding wood, leather, metals, cured epoxy, rubbers, tile, glass, plastics, concrete, and brick. Excellent strength, fast curing time, good optical clarity, good abrasion and chemical resistance, and good strength & impact resistance are some of the key features of polyurethane adhesives.
Threadlocker polyurethane adhesives and sealants have the ability to lock threads against loosening triggered by heavy vibrations and loads. Polyurethane adhesives are very flexible and durable and offer good impact resistance. They offer high degree of thermal resistance and are resistant to chemical abrasion, as well as in the level of their bulk flexibility. They are used to seal fuel tanks and are not damaged, when subjected to prolonged periods of high temperatures. This type of polyurethane adhesive is flame-resistant. In flooring application, polyurethane adhesives offer excellent high and low temperature operability and adhesion to untreated plastics.
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Polyurethane Adhesives Market Outlook – Modern Infrastructural needs to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for polyurethane adhesives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is owing to the constantly growing construction industry in developing countries such as India and China. According to India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to be pegged at US$ 5 billion by 2020. Various government schemes and foreign investments have augmented growth of polyurethane adhesives market in the region. Growing infrastructural needs in India has attracted various investors such as Silver Spring Capital Management, Altico Capital, The Construction Industry Development Board of Malaysia, and among others.
Application of adhesives in industries such as building & construction, packaging, automobile, aerospace, electrical & electronics, and locomotives, especially in Asia Pacific and Middle East regions. Mergers and acquisitions and expansions in various geographies are some of key strategies followed by the top players in the construction chemicals market. In August 2016, Pidilite Industries, a leading manufacturer of construction chemicals, adhesives and sealants with Industria Chimica Adriatica Spa (ICA) of Italy formed an equal joint venture company - Wood Coat. Some of the major companies operating in the global plastic additives market are Huntsman Corporation, 3M, Sika AG, Ashland Inc., Arkema S.A., H.B. Fuller, Illinois Tool Works Inc., Henkel AG & Co. KGaA, Scott Bader Company Ltd., and The Dow Chemical Company.
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About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Shotcrete Market - Market Shows Boosted Growth Rate in Forecast to 2026
Shotcrete is a technique used to pneumatically spray concrete through a hose at high velocity onto the surface. Factors such as growing underground construction activities such as tunneling and mining activities and rampant growth in infrastructure development are factors expected to boost growth of the shotcrete market during the forecast period (2017–2025). Robotic system segment is expected to dominate the shotcrete market over the forecast period and is expected to expand at a CAGR of 9.3% in terms of volume. According to a study conducted by Coherent Market Insights, the global robotic system market is projected to reach over 4,137.25 TCM by the end of 2017.
The global shotcrete market size was valued at US$ 5,612.73 million and 19,140.94 TCM in 2016 and is expected. The market is expected to expand at a CAGR of 8.1% in terms of revenue and 8.3% in terms of volume during 2017 – 2025.
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Growing underground constructions activities, to boost the market growth
Europe, followed by Asia Pacific and North America, respectively, accounted for major share in the global shotcrete market both in terms of revenue and volume in 2016 and the trend is expected to remain the same over the forecast period. In 2016, Europe held a share of 36.75% in terms of volume, followed by Asia Pacific (25.85%). The growing infrastructure development activities in Asia Pacific to support burgeoning population creates a highly conducive environment for growth of the market. The recent past has witnessed a spurt in tunneling activities, rapid urbanization and growing deployment of metro rail projects, especially in Asia Pacific. According to a study conducted by Coherent Market Insights, the global underground construction market is expected to witness a CAGR of 8.2% from 2017 to 2025 which in turn is expected to fuel growth of the global shotcrete market.
Multinational players need to tap potential addressable market in the emerging regions with the help of geographical expansion
Major players in the global Shotcrete market include BASF SE, Heidelberg Cement, Grupo ACS, Lafargeholcim, Cemex, Sika AG, GCP Applied Technologies, U.S. Concrete, Mapei, and Normet. Among others.
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https://www.coherentmarketinsights.com/market-insight/shotcrete-market-280
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Liquid Packaging Carton Market - Market Shows Boosted Growth Rate in Forecast to 2026
Liquid packaging cartons, also known as beverage cartons are used for safely storing liquids and reducing risks of damage during transportation. The cartons are used to package edible liquids such as water, soft drinks, dairy products, tomato sauce, and fruit juices, and non-edible liquids such as oils, cleaners and fuels. The size, shape and materials of the carton depends upon the liquid to be packaged. The materials for packaging mostly include paperboard, polythene or polypropylene, and aluminum foil. Gable top cartons are the most commonly used liquid packaging cartons owing to their characteristics such as convenience of storage and transportation, and environment friendly material used. Gable tops are used to store a variety of products such as milk, beer, liquor, wine, edible oil, juices, yoghurt, cream, health drinks and egg yolks.
The increasing environmental concerns over the use of plastic packaging are one of the major drivers for liquid packaging carton market. Liquid packaging carton offers various advantages such as reduction in transportation damage owing to strength and stability of packaging, environmentally friendly as it is made from a renewable resource, no machines required to handle the packaging, 100% recyclable in regular cardboard waste stream, reduction in storage space and logistic costs. Liquid packaging cartons are mainly used for Fast Moving Consumer Goods (FMCG) application.
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Liquid packaging carton Market Outlook – Increasing Demand for Recyclable and Environment Friendly Materials to be the Major Market Driver
Asia Pacific is expected to be the largest potential market for liquid packaging carton, with the market in the region projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the immense growth in population which has boosted the growth of food and beverage industry, especially in developing countries such as China and India. According to IBEF, US$ 915 billion is estimated to be generated by the Indian food and grocery industry by 2026. According to the Department of Industrial Policies and Promotion (DIPP), the food processing sector in India received Foreign Direct Investment (FDI) of around US$ 7.47 billion during April 2000-December 2016. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
Wide applications of liquid packaging carton in food and beverage industry is fueling the demand for liquid packaging carton, especially in Asia Pacific and the Middle East regions. Alternative packaging materials such as polyethylene terepthalate (PET), high density polyethylene (HDPE), and glass packaging is considered as one of the growth restrainers for the liquid carton packaging market. Innovation product launch is a key strategy adopted by the major players in the liquid packaging carton market. Elopak, a leading liquid packaging carton manufacturer introduced the unique carbon neutral cartons for dairy products. This has complemented to the company’s strategy of reducing greenhouse gas emissions. Some of the major companies operating in the global liquid packaging carton industry include Elopak As, Klabin SA, Greatview Aseptic Packaging Co.,Ltd., Packaging Material Co., Ltd., Evergreen Packaging Inc., Liqui-Box Corporation, SIG Global, Tetra Pak Inc., TidePak Aseptic, Refresco Gerber N.V., and Nippon Paper Industries Co. Ltd.
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Graphene Market - Market Shows Boosted Growth Rate in Forecast to 2026
Graphene is a two-dimensional crystalize form of carbon atom perfectly distributed in a hexagonal honeycomb formation of 0.3 nanometers thick with just 0.1 nanometers between each atom. It is million times thinner than human hair or a sheet of paper, and the lightest material known (with one square meter coming in at around 0.77 milligrams). It is 200 times stronger than steel, and incredibly flexible. It is electrically and thermally conductive but also absorbs 2% of light and hence perfectly transparent. Such attributes incorporates into wide range of applications in industries such as automotive, aerospace, energy, biomedical and electronics.
Graphene was artificially produced through mechanical exfoliation process resulting into mono layer of graphite, which is only 1 atom thick. Its thermal and electrical conductivity, mechanical strength and optical purity could be used in a wide range of materials such as coatings and composites, flexible screens, inks, high-capacity batteries, sensors and ultra-fast transistors and in the field of semiconductors for computer chips as graphene chips are much faster than existing ones made from silicon.
Graphene is an extremely assorted material, and hence can be combined with other elements (including metals and gases) to produce different materials with various exclusive properties. Researchers all over the world continue to constantly investigate and patent graphene to learn its various properties and possible applications.
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Graphene has various end user industries such as aerospace, automotive, energy, coatings, pharmaceuticals, electronics, 3-D printing, chemical, and others. Increasing in demand of electronics industries is likely to drive the Graphene Market growth. Graphene is a cost-effective substitute to conventional silicon based devices due to its attributes. It also possesses energy harvesting properties. Due to these key attributes, graphene has attracted major R&D investments of over US$ 1.3 billion committed by the European Commission under graphene flagship projects since 2015. Such government initiatives play a vital role in development and innovation of graphene for wide range of applications. The energy storage and conversion applications are the fastest growing application of graphene market due to increasing use of graphene owing to its high energy density and fast charging cycle
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The global graphene market is highly fragmented due to the participation of many Major players involved in the market include CVD Equipment Corporation (U.S.), Graphene NanoChem Plc. (Malaysia), Graphenea SA (Spain), Grafoid Inc. (Canada), Haydale Graphene Industries Plc (U.K.), Group NanoXplore Inc. (Canada), Thomas Swan & Co., Ltd. (U.K.), Vorbeck Materials (U.S.), 2D Carbon Tech Inc. Ltd. (China), and XG Sciences Inc. (U.S.).
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High Performance Plastics Market -Market Size & Share to See Modest Growth Through 2026
Plastics comprise of a wide range of synthetic and semi-synthetic materials, which are strong, moldable and lightweight in nature. Over the last couple of decades, plastics have emerged as an inseparable part of humankind, finding its application in every fathomable part of daily life. Plastics enhance comfort, convenience, and safety of products. They are modified to suit the requirement and find application used in houses such as carpets, blankets, and pillows for improved comfort; in bottles and coolers for portable means to carry food and drinks. lastics that are mainly used in high temperature and high pressure applications are known as high performance plastics. These plastics show excellent performance and effectiveness on exposure to highly reactive chemicals.
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High Performance Plastics Market Outlook – Asia-Pacific is the largest, and fastest-growing region, globally
Asia-Pacific is the largest, and fastest-growing region in the global high performance plastics market, due to rampant growth in the electrical & electronics industries in countries such as China, Taiwan, and South Korea, which are among the largest manufacturers of electrical & electronics components. The key factors such as growing manufacturing plants of key major players in the region, high economic growth, cheap labor, and increasing FDI in emerging economies such as India and China, are fueling growth of the high performance plastics market in the region. The growing end-use applications of high performance plastics in automotive, aviation, and medical industries, also provide great scope to the market growth in the Asia-Pacific region.
High manufacturing costs lead to the exorbitant prices of these plastics, in turn, inhibiting market growth. Some of the major companies operating in the global high performance plastics market are BASF SE, Daikin Industries, Ltd., Celanese Corporation, Solvay S.A., Arkema SA, Evonik Industries AG, Kuraray Co., Ltd., E. I. duPont de Nemours and Company, SABIC, and Victrex Plc.
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Blowing Agents Market: Market Adopts Innovation to Stay Competitive Forecast 2026
Blowing agents are light in weight, heat insulation, and electrical induction chemical substances that are used to generate the gas that is used in expanding of plastics, rubber, and ceramics to create foam. The global blowing agents are expected to witness substantial growth owing to increasing demand from end-use industries such as construction, packaging, and automotive. The product is primarily used in the aforementioned end-use industries as adhesives, exhibiting superior properties including improved acoustics, heat & electric insulation, elasticity, and lightweight.
Robust automobile industry growth is expected to aid market growth over the forecast period
Demand for blowing agent products by the automobile industry, is rapidly rising due to the weight reduction property of the agents that are useful for acoustic application. As the demand for products of the automobile industry is increasing, the demand for light is a major factor fueling market growth. The global automobile industry produced over 90 million cars and commercial vehicles in 2015, which is expected to increase significantly over the following five years owing to strong indicators in Asia Pacific. These trends coupled with rising efforts to improve fuel efficiency by reducing the overall weight of automobiles, is expected to have a positive impact on growth.
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The blowing agents market is expected to exhibit below average growth in North America and Europe, owing to mature end-use industries in these regions. Furthermore, stringent regulations by EPA in 2003, and by UK to limit the use, recovery, and reuse of HCFC. Governing the use of blowing agents is expected further expected to hamper growth over the following few years. However, gradual recovery of the construction industry—one of the key end-use industries for blowing agents—in both the regions, is expected to have a positive impact on market growth.
Honeywell, Solvay, Arkema are key industry players in the blowing agents market. Continuous research and development, technological advancement, and marketing strategies help in attaining the highest market share in the global blowing agents market. Solstice Liquid Blowing Agent, the latest product developed by Honeywell, is the least harmful to the environment and possesses immense potential to replace HC, HFC, and HCFC, in the future. Blowing agents industry is a consolidated market place with a large number of small manufacturers present in the industry. This trend is primarily witnessed in Asia Pacific, which is one of the major producers of blowing agents. Furthermore, the industry comprises of leading players with global presence including DuPont, Arkema S.A., Honeywell International Inc., Solvay S.A., Foam Supplies, Inc., AkzoNobel NV, Haltermann GmbH, Linde AG, Americhem, and HARP International Ltd.
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Acetate Salt Market - Market Perspective by Comprehensive Analysis Growth Prediction to 2026
Acetate salts are clear and colorless crystals or liquid (in aqueous form) derived from acetic acid. Acetate salts are low toxic compounds that provide good buffering properties—ability to maintain solutions at relatively constant pH despite changes in acid or base concentration. These salts are extensively utilized in various end user industries such as pharmaceuticals, food processing, and water treatment industries, among others.
Market Dynamics
The global market for acetate salts is primarily driven by growing demand of food, chemicals and construction industry. It is used to neutralize sulfuric acid in the textile industry. Moreover it is used as a barrier to water in the concrete structures across the globe.
Other factors including rapid depletion of fresh water reserves in countries in Asia Pacific and the Middle East fueling demand for acetate salt for water treatment, to recover magnesium salt from brine and aluminum salt from aluminum hydroxide by various industries to reduce investment made for raw water treatment equipment installation.. Moreover with the increase in population and growing urbanization, rapid adoption of frozen and canned food demand increasing across the globe..
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Regional Analysis
The market has been geographically segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In terms of consumption in 2016, North America dominated the market, followed by Asia Pacific, and Europe, respectively. Highly advanced pharmaceuticals industry and widespread presence of superior quality of water treatment solutions in North America makes it the largest acetate salt market. Furthermore, high consumption of frozen and canned food in the region is a major factor driving growth of the acetate salt market in North America.
However, Asia-Pacific, currently the second largest market, is expected to witness maximum growth rate during the forecast period (2016-2024). Owing to factors such as rapid industrialization & urbanization, growing population, dynamic economic development and improved standard of living, Asia-Pacific is currently witnessing significant rise in all major end-user segment of acetate salt market such as pharmaceuticals, food processing, and water treatment industries, laboratories textile industries, dyes industries and rubber industries, among others.
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Opportunities and Major Players
Sodium acetate is used to neutralize the sulfuric acid from waste pipes in the textile industry. Burgeoning growth of the textile industry, especially in Asia Pacific is expected to boost growth of the market over the forecast period.
The market of acetate salt is highly fragmented, with the presence of only few global players. Majority of the players in this market are local players, with better access to distribution in their local market.
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Residential Water Treatment Devices Market - Market Best Productivity Supply Chain Relationship, Development by 2026
Residential water treatment devices are used to remove impurities by reducing the contamination level in water using a physical barrier, followed by processes of filtration and various others. Water treatment devices are used for various purposes, which majorly depends on the type of water. For instance, reverse osmosis system is most widely used for drinking water purpose. National Sanitation Foundation (NSF) is responsible for the certification of the different types of filters that are used to treat various types of waters.
Key players in the Residential Water Treatment Devices Market:
Some of the major player operating residential water treatment device market include The Dow Chemical Company, Honeywell International Inc., Panasonic Corporation, LG Electronics Inc., Best Water Technology (BWT Aktiengesellschaft), Danaher Corporation, Culligan International, Unilever PLC, Watts Water Technologies Inc., and Calgon Carbon Corporation.
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Residential water treatment devices Market Outlook:
Although the water treatment devices market in Europe is experiencing a slow growth, it is expected to gain sufficient traction towards the end of the forecast period. Currently, Germany, U.K., and France are the major contributors to the growth of the Residential water treatment According to World Health Organization (WHO), in 2015, out of 912 million people living in the WHO European region, more than 60 million people were devoid of proper water sanitation facilities and an additional 14 million people could not use the basic source of drinking water. Diseases such as diarrhea, hepatitis A, and legionellosis the common diseases that are associated with inadequate water treatment. Increasing consumer exposure to various types of water treatment devices and increasing awareness about waterborne diseases is expected to propel the growth of Residential water treatment market in near future.
North America is the largest region in residential water treatment devices market. The U.S has the largest water treatment device market followed by Canada. The U.S has reported several cases of gastrointestinal illness every year. Diseases such as cryptosporidiosis, giardiasis, and otitis results in approximately 40,000 hospital cases annually, thereby resulting in expenses amounting to billions.
Asia Pacific is the fastest growing region in residential water treatment devices market. Microbial contamination and chemicals such as arsenic, fluoride, and nitriles are commonly found in this region. Increasing awareness about the different type of diseases caused by contaminated water, followed by increasing consumer awareness about the same through campaigns, and initiatives taken up by the regulating bodies are expected to fuel the growth of residential water treatment market in near future. China and India are the heavily populated economies in Asia Pacific, therefore the proper implementation of water treatment devices is expected to boost the growth of the residential water treatment devices market in Asia Pacific. China’s 13th five-year plan has strict targets regarding the quality of drinking water, which is a major driver for the growth of residential treatment device market.
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Green Coatings Market-Market Perspective by Comprehensive Analysis Growth Prediction to 2026
Green coatings are eco-friendly paint coating with low volatile organic compound (VOC) content. Emission of VOC releases toxics in the surrounding air causing health problems, such as dizziness, headache, kidney damage, and harms the ozone layer. Development of sustainable products has gained importance over the past few decades, due to which manufacturers are focused on introducing eco-friendly products to the market. Manufacturers are aiming to produce high-performance coatings that have zero or low VOC with good durability. Application of green coatings in end-use industries and rising awareness regarding VOC emissions have contributed to the growth of the green coatings market globally.
The key companies operating in the global green coatings market include The Sherwin Williams Company, PPG industries, Akzonobel N.V., Axalta Coating System, BASF, Valspar Corporation, Kansai Paint Company Limited, Tikkurila OYJ, and Masco Corporation among others.
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Stringent government regulations have immensely driven the green coatings market globally. The first restriction on the emission of VOC was set up for Europe in 2003, which was termed as Restriction of Hazardous Substances Directive (RoHS), which was put forward by Leadership in Energy and Environmental Design (LEED). Since then manufactures are working to produce green coatings, in turn fueling the growth of the green coatings market. Increasing cost of raw materials further increases the cost of green coatings, which is the restraint for the growth of global green coatings market. High investment cost further hinders the growth of green coatings market globally.
Green Coatings Market Outlook
Asia Pacific is the fastest growing region in the green coatings market and is anticipated to have the highest CAGR over the forecast period, owing to the presence of major markets in the economies such as India, China, Japan, Thailand, Malaysia, Vietnam, and Indonesia. The growth of green coatings market in this region is attributed to the growth of end-use industries namely architectural and automotive coatings in this region. The ‘Make in India’ approach taken by the Government of India is expected to propel the growth of manufacturing sector, which is anticipated to drive the green coatings market over the forecast period.
Europe holds the dominant position in green coating market, owing to the economic development and growing population in the economies such as Spain, Italy, and the UK. The UK National Infrastructure Delivery have planned infrastructure projects that include airports and seaports, which in turn is anticipated to fuel the green coatings market over the forecast period.
North America is anticipated to witness a burgeoning growth in the green coatings market, owing to the presence of a large number of manufactures in this region. This is backed by the rising government regulations in this region. The Middle East and Africa are expected to have a significant growth in the green coatings market, owing to the rise in infrastructure industry in these regions.
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Various strategies are being put forward by coatings manufacturers, for instance, manufactures of paint are striving to enhance energy system by minimizing consumption of fuel and minimize waste. This is done with the use of renewable raw materials and product packaging improvement with materials that are recyclable and use of biofuel fuel in delivery trucks.
Soy Bean Oil, Vegetable Oil, Castor Oil, and Milk Paint are some of the eco-friendly components, which are being introduced in the coating materials.
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