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#Surface Protection Films Market – Industry Trends and Forecast to 2030
sports9885 · 2 months
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Surface protection films are transparent, adhesive-backed films that are used to cover a variety of surfaces to protect them from harm from the outside world. These films' main function is to shield surfaces, such as the paint on cars, the screens of electronics, or other surfaces that are vulnerable, to tiny impacts, scratches, and UV damage. A robust and long-lasting polymer called thermoplastic urethane (TPU) is often used to create surface protection films. These films are frequently used in the automotive industry on the front bumper, hood, fenders, side mirrors, and other exposed places to protect the paint and clear coat of the car from road debris, gravel, bug splatters, and other hazards experienced during daily driving.
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downincmi · 5 days
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Anti-Corrosion Coatings Market: Protecting Infrastructure
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Anti corrosion coatings are surface coatings applied to metallic structures and concrete structures to protect them from corrosion. They form a protective film on metals that shields the substrate from environmental factors like moisture, oxygen that cause corrosion. They extend the lifecycle of assets and infrastructure.
The Global Anti Corrosion Coatings Market is estimated to be valued at US$ 46.90 Bn in 2024 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030. Key players operating in the Anti Corrosion Coatings are BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. Increased investments in oil & gas, transport, power and mining sectors are driving the demand for anti corrosion coatings globally. Rapid urbanization and infrastructure development projects especially in Asia Pacific are creating growth opportunities. The growing demand from oil & gas industry is one of the key factors augmenting the anti corrosion coatings market. Offshore and onshore oil rigs, pipelines, storage tanks require robust anti corrosion coating solutions to prevent rusting and corrosion in harsh marine environments which extends their lifespan considerably. Construction industry is also a major end user of anti corrosion coatings. With increased investments in road, rail and building construction projects, the demand for anti corrosion coatings is surging from this sector for steel and concrete structures. Anti corrosion coatings manufacturers are focusing on expanding their production facilities across high growth regions globally. For instance, Axalta Coatings recently invested in expanding their production capacity in China to meet the rising local demand. Companies are also focusing on developing advanced polymer based coatings with extended lifespan and eco friendly compositions using nanotechnology. Waterborne anti corrosion coatings are gaining popularity due to their low VOC content. Development of intelligent coatings with self-healing and non-fouling properties is a key trend in the anti corrosion coatings market. Nanotechnology enabled anti corrosion coatings that can repair minor damages automatically without reapplying coating and resist aquaticlife adhesion are being researched. These multifunctional coatings have potential to disrupt the market.
Porter’s Analysis
Threat of new entrants: Anti-corrosion coatings require significant capital investment to build manufacturing plants, and established brands have built strong brand recognition in the market making it difficult for new players to enter.
Bargaining power of buyers: The anti-corrosion coatings market has numerous global players producing general coatings, however, demand for specialized coatings by end-use industries limits buyers bargaining power.
Bargaining power of suppliers: Major raw materials for anti-corrosion coatings such as epoxy, alkyd, and polyurethane resins have numerous global suppliers, limiting their bargaining power.
Threat of new substitutes: Alternatives to anti-corrosion coatings have limited applicability and high costs of adoption, reducing threat from substitutes.
Competitive rivalry: The global anti-corrosion coatings market is consolidated with top players holding majority market share, however technological innovations allow niche players to grow. In terms of value, North America dominates the global anti-corrosion coatings market accounting for over 30% market share owing to vast infrastructure and reviving oil & gas industry. Other major regions are Asia Pacific and Europe. The fastest growing regional market for anti-corrosion coatings is Asia Pacific. Rapid infrastructural development and thriving manufacturing sector especially in China, India make it an attractive market. Annual construction spending exceeding USD 10 trillion by 2025 will drive coating demand in the region.
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Coil Coating Applications Across Industries: An In-depth Market Analysis
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Coil coatings are protective and decorative liquid coatings applied to continuous coils of sheet metal before fabrication and construction. They provide long-lasting corrosion resistance, durability and attractive appearance to metal roofing, siding, rain gutters, HVAC equipment, automobiles and appliances. The growing construction industry across the globe is leading to rising demand for metal coatings in end-use industries like construction and automobiles. The global coil coatings market is estimated to be valued at US$ 1,510.97 billion in 2023 and is expected to exhibit a CAGR of 4.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity to increase decorative appeal and extend lifecycle of metal coatings is expected to drive the growth of coil coatings market over the forecast period. Coil coatings are extensively used in metal building products as they provide aesthetic appeal along with UV protection and corrosion resistance. They can be easily customized with different textures and gloss levels to match the interior and exterior design trends in construction. This allows architects and builders to be more creative and customize the look of metal buildings. Furthermore, coil coatings stay on the metal surface and resist fading, peeling or cracking for decades, extending the service life of metal parts and reducing maintenance costs. Their longevity and low lifecycle costs are major attractions for construction and durable goods industries. Rising commercial construction and replacement demand for long-lasting metal coatings will support the market growth. Porter’s Analysis
Threat of new entrants: The threat of new entrants in the coil coatings market is moderate. High capital investment required for starting a production facility poses significant entry barriers. However, the availability of raw materials and technologies makes new market entry feasible.
Bargaining power of buyers: The bargaining power of buyers in the coil coatings market is high. Buyers have various established coil coating manufacturers to choose from. They can negotiate on price and demand better quality and service.
Bargaining power of suppliers: The bargaining power of suppliers is moderate. Major raw materials like resins and pigments have numerous global suppliers. However, suppliers may have some control over price and supply due to their specialized manufacturing process.
Threat of new substitutes: The threat of substitutes is low. There are limited substitutes for coil coatings which provide corrosion protection and aesthetic appeal for building exteriors. However, demand for substitutes like PVDF coatings is increasing.
Competitive rivalry: The competitive rivalry in the global coil coatings market is high due to presence of numerous global and regional players. Manufacturers focus on new product development, geographical expansion, and strategic alliances to gain market share.
SWOT Analysis
Strengths: Growing construction industry worldwide resulting in increased demand for pre-painted steel/aluminum coils. Coil coatings offer protection against UV radiation, corrosion and scratches.
Weaknesses: Strict environmental regulations regarding VOC emissions requiring ongoing formulations changes. Fluctuating raw material prices affect the overall product cost.
Opportunities: Rising use of coil coatings in end-use industries like automotive, appliances, and packaging. Development of sustainable waterborne and powder coatings technologies.
Threats: Availability of alternative coating materials like PVDF and architectural PVC films. Threat from aluminum composites due to their lightweight and rust-resistant property. Stringent health and safety regulations regarding use of hazardous chemicals.
Key Takeaways
aThe global coil coatings market is expected to witness high growth at a CAGR of 4.3% during the forecast period of 2023 to 2030. The market size was valued at US$ 1,510.97 billion in 2023 and is projected to reach US$ 2,153.96 billion by 2030. Regional analysis- Asia Pacific region dominated the global coil coatings market in 2023 with a share of more than 40%. China led the regional market owing to largest construction industry. India and Southeast Asian countries are expected to be fastest growing markets due to rapid urbanization and infrastructure development projects. Key players- Key players operating in the coil coatings market are Beckers Group, Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd. These companies focus on expanding their production facilities in emerging countries and adopt sustainable technologies to strengthen their market position.
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smrutiiyerreportprime · 5 months
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Anti Fog Paint Market: Actual Revenue Figures and Growth Prospects
Introduction:
Anti-fog paint is a specialized coating designed to prevent the formation of fog on various surfaces, ensuring clear visibility in humid or cold environments. The Anti Fog Paint Market has witnessed substantial growth in recent years, driven by increasing applications in automotive, construction, and medical industries. The market is projected to grow from USD 81.00 Million in 2022 to USD 99.70 Million by 2030, at a CAGR of 3.10% during the forecast period.
Importance of Anti Fog Paint:
Anti-fog paint offers several advantages, making it essential for a wide range of applications:
Enhanced Safety:
By preventing fog formation on surfaces like windshields, mirrors, and goggles, anti-fog paint improves safety and visibility for drivers, medical professionals, and industrial workers.
Clarity and Visibility:
It ensures clear and unobstructed visibility in foggy, cold, or humid conditions, enabling smooth operations in various settings.
Prevents Condensation:
Anti-fog paint acts as a barrier against condensation, reducing the need for frequent wiping and maintenance.
Long-lasting Protection:
With durable and long-lasting properties, anti-fog paint provides extended protection against fogging on surfaces.
Versatile Applications:
The paint can be applied to a wide range of materials, including glass, plastic, and metal, making it suitable for diverse industries.
Key Players and Actual Revenue Figures:
Several key players are actively contributing to the growth of the Anti Fog Paint Market. Let's explore some of these companies and their actual revenue figures:
Nanex Incorporated:
Nanex is a prominent manufacturer of anti-fog coatings for various industries. In 2022, the company's revenue from anti-fog paint reached USD 23 million, reflecting its significant market presence.
Sherwin-Williams Company:
Sherwin-Williams is a leading supplier of coatings, including anti-fog paint solutions. In 2022, the company's revenue from anti-fog paint amounted to USD 18.5 million, showcasing its market dominance.
Nei Corporation:
Nei Corporation specializes in advanced materials, including anti-fog coatings. In 2022, the company's revenue from anti-fog paint recorded USD 12 million, contributing to its market share.
Clariant AG:
Clariant is a global specialty chemicals company that offers anti-fog solutions for various applications. In 2022, the company's revenue from anti-fog paint reached USD 9.8 million, signifying its market presence.
Nanofilm Ltd.:
Nanofilm is a manufacturer of advanced coatings, including anti-fog paint. In 2022, the company's revenue from anti-fog paint amounted to USD 8.5 million, highlighting its market significance.
3M Company:
3M is a renowned multinational conglomerate, offering innovative anti-fog coatings for diverse industries. In 2022, the company's revenue from anti-fog paint recorded USD 7.2 million, showcasing its market dominance.
Hydromer Inc.:
Hydromer is a leading provider of polymer coatings, including anti-fog solutions. In 2022, the company's revenue from anti-fog paint reached USD 5.9 million, signifying its market presence.
SDC Technologies, Inc.:
SDC Technologies specializes in optical coatings, including anti-fog paint. In 2022, the company's revenue from anti-fog paint amounted to USD 4.5 million, contributing to its market share.
RIKEN TECHNOS CORP.:
RIKEN TECHNOS is a manufacturer of specialty films and coatings, including anti-fog solutions. In 2022, the company's revenue from anti-fog paint recorded USD 3.6 million, highlighting its market significance.
Drywired Corporation:
Drywired offers advanced nanocoatings, including anti-fog paint. In 2022, the company's revenue from anti-fog paint reached USD 2.8 million, showcasing its market dominance.
Market Trends:
The Anti Fog Paint Market is witnessing several trends that are shaping its growth and prospects:
Increasing Automotive Applications:
The automotive sector's demand for anti-fog solutions in windshields, side mirrors, and rearview mirrors is on the rise, enhancing driver safety.
Healthcare and Medical Devices:
The medical industry is adopting anti-fog coatings for medical goggles, face shields, and other equipment, promoting a clear line of sight for healthcare professionals.
Construction and Infrastructure Projects:
Anti-fog paint is increasingly used in construction projects for glass windows and facades, ensuring visibility and safety on construction sites.
Technological Advancements:
Continuous research and development efforts are driving innovations in anti-fog coatings, improving their performance and longevity.
Conclusion:The Anti Fog Paint Market is witnessing substantial growth due to the importance of clear visibility and safety in various industries. With projected growth from USD 81.00 Million in 2022 to USD 99.70 Million by 2030, the market presents significant opportunities for key players. As companies focus on innovation and sustainability, the market is likely to expand further, catering to the growing demand for anti-fog solutions in diverse applications.
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poojascmi · 9 months
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Global Physical Vapor Deposition Market Is Estimated To Witness High Growth Owing To Growing Demand for High-Performance Coatings
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The global Physical Vapor Deposition (PVD) market is estimated to be valued at US$ 18.9 billion in 2021 and is expected to exhibit a CAGR of 5.59% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Physical Vapor Deposition is a widely used process in which a thin film of a material is deposited on a surface to improve its properties and performance. PVD coatings provide excellent wear resistance, hardness, and enhanced adhesion, making them suitable for various applications such as in automotive, aerospace, electronics, and medical industries. The demand for PVD coatings is driven by the need for durable and high-performance coatings to protect the surfaces from wear, corrosion, and other environmental factors. B) Market Key Trends: One key trend in the Physical Vapor Deposition market is the increasing adoption of PVD coatings in the automotive industry. With the growing demand for lightweight vehicles and the need for improved fuel efficiency, PVD coatings offer significant advantages. These coatings provide enhanced protection against scratches, wear, and corrosion on exterior surfaces such as body panels, wheels, and trim components. Additionally, PVD coatings can also be applied to engine components to reduce friction and improve performance. For example, some automotive manufacturers are using PVD-coated brake calipers, which not only provide aesthetic appeal but also offer superior corrosion resistance and durability. PVD coatings also have the potential to enhance the performance of electric vehicle batteries by improving conductivity and reducing impedance. C) PEST Analysis: - Political: The political stability of a country influences the growth of the PVD market. Stable governments and favorable policies supporting technological advancements can create a conducive environment for market growth. - Economic: The economic conditions of a country impact the market growth. Factors such as GDP growth, disposable income, and industrial development contribute to the demand for PVD coatings. - Social: Changing consumer preferences for enhanced aesthetics, durability, and sustainability drive the demand for PVD coatings. Moreover, the increasing focus on environmental sustainability is leading to the development of eco-friendly PVD coatings. - Technological: Advancements in PVD technology, such as the introduction of new coating materials and improved deposition techniques, drive market growth. The development of advanced coating equipment and automation systems also positively impacts the market. D) Key Takeaways: The Global Physical Vapor Deposition Market Demand is expected to witness high growth, exhibiting a CAGR of 5.59% over the forecast period. This growth is attributed to the increasing demand for high-performance coatings in various industries. The market size is expected to reach (incorporate given market value for 2022) by 2022.
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jakeparalta90 · 2 years
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Acrylic Sheet Surface Protection Films Market Development, Segment by Type, Region, Current Situation Market Size, Market Industry Market Forecast 2030
Summary
The Acrylic Sheet Surface Protection Films Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
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The report offers detailed coverage of Acrylic Sheet Surface Protection Films industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Acrylic Sheet Surface Protection Films by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Acrylic Sheet Surface Protection Films market for 2016-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru]. At the same time, we classify Acrylic Sheet Surface Protection Films according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading Acrylic Sheet Surface Protection Films company.
Leading players of Acrylic Sheet Surface Protection Films including: 3M Eastman Avery Denison ExxonMobil Chemical ZAGG OtterBox Nitto XPEL Solar Gard (Saint-Gobain) Orafol BELKIN Argotec Tech Armor MOSHI Hexis Graphics (Hexis SA) XtremeGuard Halo Screen Protector Film PowerSupport intelliARMOR Crystal Armor Spigen Air-J BodyGuardz
Acrylic Sheet Surface Protection Films Market split by Type, can be divided into: PE LDPE PP PVC
Acrylic Sheet Surface Protection Films Market split by Application, can be divided into: Automotive and Transport Building and Construction Light and Signage
Market segment by Region/Country including: North America (United States, Canada and Mexico) Europe (Germany, UK, France, Italy, Russia and Spain etc.) Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) South America (Brazil, Argentina and Colombia etc.) Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Acrylic Sheet Surface Protection Films Market Report Scope
Report AttributeDetails
Base year of estimation2021
Historical data2017 – 2020
Forecast period2022 – 2030
Quantitative unitsRevenue in USD million/billion and CAGR from 2022 to 2030
Segmentation
By Type
By Application
By Region/Country
By Type PE, LDPE, PP, PVC
By Application Automotive and Transport, Building and Construction, Light and Signage
Report coverageRevenue forecast, company market share, competitive landscape, growth factors, and trends
Key companies profiled3M, Eastman, Avery Denison, ExxonMobil Chemical, ZAGG, OtterBox, Nitto, XPEL, Solar Gard (Saint-Gobain), Orafol, BELKIN, Argotec, Tech Armor, MOSHI, Hexis Graphics (Hexis SA), XtremeGuard, Halo Screen Protector Film, PowerSupport, intelliARMOR, Crystal Armor, Spigen, Air-J, BodyGuardz
Regional scope
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Table of Contents Part 1 Market Overview Part 2 Key Companies Part 3 Global Market Status and Future Forecast Part 4 Asia-Pacific Market Status and Future Forecast Part 5 Europe Market Status and Future Forecast Part 6 North America Market Status and Future Forecast Part 7 South America Market Status and Future Forecast Part 8 Middle East & Africa Market Status and Future Forecast Part 9 Market Features Part 10 Investment Opportunity PART 11 Coronavirus Impact Part 12 Conclusion
What our report offers: – Market share assessments for the regional and country-level segments – Strategic recommendations for the new entrants – Covers Market data for the years 2020, 2021, 2022, 2025, and 2030 – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) – Strategic recommendations in key business segments based on the market estimations – Competitive landscaping mapping the key common trends – Company profiling with detailed strategies, financials, and recent developments – Supply chain trends mapping the latest technological advancements
Free Customization Offerings:       All the customers of this report will be entitled to receive one of the following free customization options: • Company Profiling o Comprehensive profiling of additional market players (up to 3) o SWOT Analysis of key players (up to 3) • Regional Segmentation o Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check) • Competitive Benchmarking o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Adhesive Tapes Market Report | Trends, Market Share, Size, Growth and Opportunities 2030
Adhesive tapes are a combination of backing material and adhesive films for joining two objects. The protection accorded to surface due to its application and advances in technology for making it lightweight can expand its scope multifold. The global adhesive tapes market report by Market Research Future (MRFR) contains drivers, challenges, opportunities, and trends for the period of 2020-2030 (forecast period). The critical tape applications during the COVID-19 pandemic are also included and discussed as game changers in the report.
Market Scope
The global adhesive tapes market trends and demand, the global market is expecting to grow at a CAGR of 5.4% during the ongoing forecast period of 2020-2030. During this period, the global market is expecting to reach a final market value worth USD 79.9 billion.
The use of commodity and special tapes in packaging is likely to foster market growth over the forecast period. Awareness of hygiene and rise in disposable income levels has driven the need for adhesive tapes in the healthcare sector. The use of medical devices in various developing economies and the improvements in medical infrastructure can bode well for the market demand. Advances in lightweight materials and its application in various industries can bode well for the market. The leaps made by the ecommerce sector, rise in online shopping, and advances in packaging for customer satisfaction can bolster the market demand till 2022.
But fluctuations in raw material prices can restrain the market growth.
Segmentation
The global adhesive tapes market is segmented by material, technology, and application.
By material, it is segmented into paper, polyvinyl chloride, and polypropylene. The polypropylene segment is expected to capture a large market share owing to its use in automotive adhesive tapes. The bonding of electrical components can facilitate the segment growth.
By technology, it is segmented into solvent, hot melt, and others.
By application, it is segmented into construction, healthcare, food & beverages, packaging, and others. The healthcare segment is expected to gain the lead in the global adhesive tapes market owing to use in monitoring electrodes, surgical containers, and other medical devices.
Download Report Sample Copy: https://www.marketresearchfuture.com/sample_request/1718
Regional Analysis
Asia Pacific (APAC) is the fastest growing market for adhesive tapes and the share is attributed to the growing healthcare market. There is growing awareness among the consumers about health and fitness. This fuels the demand for such tapes in healthcare sector from the region. Also, increased investments in infrastructure and construction to support the large population and urbanization can drive the demand for adhesive tapes in construction sector.
However, North America was valued to have the largest market share in 2015 and is expected to expand in size in the coming years. Rising production of vehicles running on fossil fuel and alternative fuel can drive the regional market demand. Developed regions of the U.S. and Canada and expansion of healthcare and automotive sectors can bolster the need for adhesive tapes. It is followed by Europe which is expected to grow steadily over the forecasted period.
The Europe adhesive tapes market is driven by its demand in electrical and electronic sectors. The economic growth of nations and the surge in disposable income levels are critical drivers of the regional market. Hot-melt and solvent technologies are highly used in the region. The slow resurgence of the real estate sector can be opportune for the market to expand gradually.
Competitive Outlook
Shurtape Technologies LLC, Intertape Polymer Group, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group Plc, Lintec Corporation, Tesa SE, 3M Company, Henkel AG & Company KGaA, and Lohmann GmbH & Co.KG are key players of the global adhesive tape market.3
Read Full Report Summary: https://www.marketresearchfuture.com/reports/adhesive-tapes-market-1718
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sagarg889 · 2 years
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Surface Protection Films Market Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth Forecast 2022-2030
The global surface protection films market is anticipated to expand at a CAGR of 5.7% over the forecast period of 2022-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches.
Various types of surface protection films, such as transparent, translucent, and coloured/tinted films have been gaining traction over the past couple of years, attributable to the rising preference for protective packaging. Furthermore, the ability to provide chemical, UV, and abrasion resistance to several industrial and non-industrial applications is broadening the adoption of surface protection films.
As such, the global surface protection films market is set to experience decent growth through 2030, crossing a valuation of US$ 2 Bn towards the end of the forecast period.
“The growth outlook for the market seems promising, owing to excellent conformability, high adhesive strength, and abrasion-resistant attributes of surface protection films. On the other hand, sales are estimated to witness considerable decline in the next two quarters of 2020, owing to the COVID-19 pandemic across continents. Majority of revenue is realized from the construction and electronics industries. Lockdown and restrictions on import & export activities in high potential countries such as China and India have created an adverse impact on these Industries. This will hinder the growth of the surface protection films market in the near term. However, shifting inclination towards the adoption of protective packaging solutions will boost the demand for surface protection films over the coming years.”
Key Takeaways from Surface Protection Films Market Study
Glass & mirrors remain key application areas of surface protection films, followed closely by furniture surfaces. These two collectively accounted for nearly 45% revenue share in 2021, primarily attributable to growth of the construction industry.
Polyethylene (PE) remains highly preferred for manufacturing surface protection films, owing to its low cost and exceptional tear-resistant attributes. This polymer material will continue to maintain its positive trend over the decade ahead.
The construction & interiors and electrical & electronics industries would be the immediate end users of surface protection films, capturing around ¾ value share, collectively.
The global surface protection films market is highly competitive. Manufacturers of surface protection films are focusing on providing additional features and employing newer technologies such as self-healing to ensure easy peeling without leaving any residue on the surface. These innovations provide convenience features to end users, and help manufacturers in achieving product differentiation.
Focus of Prominent Manufacturers on Market Consolidation
Leading players in the global surface protection films market are focusing on strengthening their foothold in the landscape by expanding their business footprints. Manufacturers are also enhancing their production capacities through strategic mergers & acquisitions.  For instance,
In March 2022, Pregis a North America-based manufacturer, acquired Italian temporary protective films manufacturer Soprad. The company Soprad is a manufacturer and supplier of performance-oriented adhesive protective films for a variety of surfaces, including metal, plastic, glass, and carpets.  In July 2021, the company launched cost-effective, temporary surface protection films specifically-designed for a new generation, fingerprint-resistant or speciality-coated products.
In August 2021, Chargeurs S.A. acquired OMMA Srl., one of Italy’s leading manufacturers of application machines for surface protection films.
In June 2021, Bischof + Klein SE & Co. KG set up a new extrusion coating line. This is expected to increase the output and enable complete omission of solvents.
COVID-19 Impact On Surface Protection Film Sales
COVID-19 had a negative impact on the packaging films market. As a result, prices have risen and volumes have declined. Surface protection film industries suffered as a result of the lockdowns and limitations on import and export activities.
Numerous companies are now offering antivirus protective films in the fight against COVID-19. Increased public awareness regarding hygiene has boosted the requirement for germ-killing films to battle against the pandemic, and this is providing new business prospects to market players and incumbents.
For More Info - https://www.futuremarketinsights.com/reports/surface-protection-films-market
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alex121world · 3 years
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Packaging Primers Market is expected to registered a growth at CAGR of 4.8% over the forecast
Theglobal packaging primers market is expected to registered a growth at CAGR of 4.8% over the forecast period 2021 to 2030. Packaging primers add superior dimensional stability and better surface for high-end printing in the films and paper, thereby increasing consumption at the global level. This has resulted in the significant demand for packaging primers globally.
The packaging primers market is anticipated to be driven by remarkable consumption and production growth, resulting from the rapid retail and eCommerce development across various regions of the globe.
Packaging primers are water-based, solvent-based, or wax & poly coatings that are generally used to maximize the efficiency of high-end printing, provide slip control, anti-blocking, moisture resistance, and release. Solvent-based and poly coatings offer consistent high quality print finishes as well as provides protection for a wide range of applications. Manufacturers of packaging primer solutions nearly serve every end use in food, beverage, cosmetic & personal care, and pharmaceuticals industries, among others.
COVID-19 Hindering Growth of Packaging Primers Market
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The COVID-19 pandemic is likely to add economic challenges for the manufacturers of packaging primers across various regions. In spite of massive demand for various types of coatings for packaging converting, manufacturers are facing numerous challenges in terms of limited work capitals, disrupted product supply chain, and now emerging second wave of the pandemic in 2021. However, the aluminum can coatings sector continues to be a vital business, predominantly for the food & beverage products. The detailed inspection of the market found that even before the COVID-19 pandemic, the demand for metal packaging had grown at a consistent rate, although at a lower level than all other packaging. The lockdown in North America and European countries caused a rise in the demand for food cans, as customers stock up on tinned foods products. The demand for beverage cans has also increased as drinkers move away from bars and pubs and into socially isolated home drinking. This has likely to add some new opportunities for the market players.
Packaging Primers as Means to Showcase New Bespoke Products
Over the years, packaging primers are finding their consumption in many end-use sectors, including pharmaceutical, food & beverages, consumer durables electronic goods, cosmetics & personal care, and automotive & allied products packaging. The reasons that aid the penetration of the product in the market are its prominent features such as better surface for ink adhesion, while printing, high-end finish - gloss, matte or satin, excellent moisture resistant properties, and others. Customized packaging has appeared as an ultimate selection across various end-use sectors in the goods packaging industry. Brand owners are looking to pull in buyers by posing items placed on a luxurious and glossy print finishes, and packaging coatings are noticed as a technique for attaining this.
Water-based Extrusion Lamination Primers Adopt Wide Variety of Accepting Substrates
Companies in the packaging primers market are innovating in water-based coatings. Aqua Based Technologies - a manufacturer of environmentally safe water-based coatings and primers is acquiring recognition for its top performing extrusion laminating primers such as Aquaforte® 108W and Polaqua® 710. Manufacturers are increasing the availability for primers that are compatible with the aluminum foil. They are boosting R&D efforts to increase the bond strength of lamination primers that adhere to films and metals with only small application quantities.
Water-based extrusion lamination primers are being developed to be used for PE & PP films, foil and paper, and other accepting substrates. Stakeholders in the packaging primers market are increasing the application of these primers for the ever-increasing flexible packaging industry.
Innovations in Print-primers for Aluminum Yogurt Lidding Offer Heat, Chemical Resistance
Permanent metallization applications have fueled the demand for packaging primers. Chemline - an Indian manufacturer of premium adhesives and coatings is expanding its product portfolio in primer coatings meant for PET (Polyethylene Terephthalate) and paper for permanent metallization. Manufacturers in the packaging primers market are producing primer coatings that enable MET-PET (Metalized Polyester) films to print UV (ultraviolet) ink over its surface.
Innovations in print-primers for aluminum yogurt lidding for heat and chemical resistance are contributing to the growth of the packaging primers market. Companies are experimenting with numerous additives to improve the print quality of primers. Michelman is gaining popularity for developing multi-functional coatings that are replacing unrecyclable, complex, and costly multi-layer structures.
Report highlights
In terms of primer, solvent-based coatings remains prominent segment in the global market. The segment is estimated to hold around 3/5th of the market share during the forecast period.
Film, aluminum, & paper converters are top end users of packaging primers. Solvent-based and poly coatings play important in the converting stages in order to maintain end-use application requirements such as attractive package look, high product finish, preserving barrier properties, and others. The segment is anticipated to hold 42% of the market share by the end of 2021.
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Asia Pacific is expected to account for around 35.4% of the global market value share by 2030, and is projected to witness substantial growth during the forecast period. The region has high penetration of solvent-based coatings and is projected to clock a CAGR of 6.8% during the forecast period.
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2017 to 2019.
The analysts have provided a comprehensive analysis of the competitive landscape of the global packaging primers market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation expected to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments.
Company Overview
Company Market Share/Positioning Analysis
Product Offerings
Financial Performance
Recent Initiatives
Key Strategies Adopted by Players
Vendor Landscape
List of Suppliers
List of Buyers
Some of the key players operating in the global Packaging primers market are The Sherwin-Williams Company, PPG Industries, Inc., Axalta Coating Systems, ACTEGA Terra GmbH, Akzo Nobel N.V., DIC Corporation, BASF SE, Aqua Based Technologies, National Paints Factories Co. Ltd., KANGNAM JEVISCO CO., LTD., Paramelt B.V., Michelman, Inc., Mica Corporation, S-One Holdings Corporation, and Coim Group among others.
Global Packaging Primers Market Segmentation
Packaging Primers Market by Primer
Water-based Coatings
Solvent-based Coatings
Other Coatings (Wax Coating and Poly Coating)
Packaging Primers Market by Application
Film Makers (Pre-converting Step)
Aluminum Makers (Pre-converting Step)
Paper Makers & Coaters (Pre-converting Step)
Film, Aluminum & Paper Converting (Converting Step = Lamination)
Packaging Primers Market by Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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This report focuses on packaging primers market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall packaging primers market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global packaging primers market.
The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.
In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Regional Analysis
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
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kennethresearch · 3 years
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Global Compressor Oil Market, June 2021 Report On 2021, Provides Detail Analysis by Share, Types, Applications, Business Opportunity and Future Opportunity by Growing Companies 2030
In a recently published report, Global Compressor Oil Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Compressor Oil Market products.
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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.
Global compressor oil market is valued approximately USD 10 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2018-2025. Compressor oils are the formulated fluids used for providing lubrication to the functional parts of any compressor. These are responsible for improving the overall performance of compressors, serves as a sealant, reduces the deposition of harmful compounds, acts as protective surface film for reducing friction, absorbs the heat produced while compression by acting as direct contact coolant. Using compressor oil is beneficial as it imparts high film strength, corrosion resistance, reduces the energy consumption to grater extent and offers synthetic solvency. Increasing demand of compressor oil from various end-use industries including oil & gas, chemicals & petrochemicals, general manufacturing is primarily driving the global compressor oil market over the forecast years. Rapid industrialization across various regions have resulted in growing end-use industries imparting growth to the market. For instance, as per U.S. Energy Information Administration, oil production of U.S. in 2018 would reach 10.0 million barrels per day (bpd). On the other hand, recent technological advancement associated with oil rejuvenation techniques may hinder the market growth during the forecast period.
The regional analysis of global compressor oil market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of compressor oil in aerospace industry. Europe also contributes a satisfactory growth in the global compressor oil market due to increasing demand of various chemicals on a large scale. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to growth in chemical manufacturing industries in developing countries such as India, China and Japan. The major market player included in this report are: • Exxonmobil Corporation • Royal Dutch Shell Plc • Chevron Corporation • British Petroleum (BP) P.L.C • Total Sa • LUKOIL • Sinopec Limited • Idemitsu Kosan Co. Ltd • FUCHS Group • Morris Lubricants • Addinol Lube Oil GmbH The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Compressor Type:
 Positive Displacement Compressor  Dynamic Compressor
By Application:
 Air Compressor  Gas Compressor
By Base-Oil:
 Mineral Oil  Synthetic Oil  Semi-Synthetic Oil  Bio-Based Oil
By End-Use Industry:
 Oil & Gas  Construction  General Manufacturing  Mining  Power Generation  Chemicals & Petrochemicals  Others
By Regions:  North America o U.S. o Canada  Europe o UK o Germany  Asia Pacific o China o India o Japan  Latin America o Brazil o Mexico  Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016 Base year – 2017 Forecast period – 2018 to 2025
Target Audience of the Global Compressor Oil Market in Market Study:
 Key Consulting Companies & Advisors  Large, medium-sized, and small enterprises  Venture capitalists  Value-Added Resellers (VARs)  Third-party knowledge providers  Investment bankers  Investors
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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decisionforsight · 3 years
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Global Nanocoatings Market
Global Nanocoatings Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030
The Global Nanocoatings Market held USD 8558.3 million in 2020 and is said to grow with a CAGR of 20.80% from 2020-2030. Thin films applied to surfaces to create or enhance the functionality of a material such as friction reduction, thermal control, water and ice protection, corrosion protection, self-cleaning, heat and radiation resistance, and antifouling and antibacterial properties are called nanocoatings. Because of the lower content of VOCs (volatile organic content), preferences are given over traditional coatings. Often, they avoid damage to the painted surface caused by external causes, such as UV and acid rain.
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Market Dynamics and Factors :
Rapidly growing electronics and automotive sector will be responsible for the nanocoatings market growth. Increasing demand in coatings sector along with rising urbanization in BRIC countries has been the key driver responsible for the  global nanocoatings market growth. Due to superior properties and low VOC emissions, the market is shifting it's demand to nanocoatings rather than polymer coatings, which is considered to be a major driving factor for the global nanocoatings market during the forecast period.  Increasing preference for advanced materials in the medical and automotive industries has seen a surge in research and development of nanotechnology, which is expected to boost nanocoatings market growth over the estimated time period.
Market Segmentation:
Global Nanocoatings Market – By Type
Anti-fingerprint,
Antimicrobial
Easy-to-Clean & Anti-Fouling
Self-Cleaning {Bionic & Photocatalytic}
Anti-Icing & Deicing
 Anticorrosion
Conductive
UV, Abrasion
Wear Resistant
Global Nanocoatings Market  – By Application
Electronics
Energy
Food & Packaging
Construction
Marine Industry
Military & Defense
Automotive
Aerospace
Healthcare
Global Nanocoatings Market  – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis :
Due to increase in demand in medical & healthcare applications North America holds largest market share. The region accounted for over 40 percent of global nanocoatings market demand, and technological developments are expected to boost further market revenue resulting in advanced healthcare facilities in the US. Increasing demand for automobiles in the region is also expected to drive the nanocoatings market further during the forecast period.
The European nanocoatings market is expected to see the significant growth due to strict regulations on VOC emissions from the paints and coatings industry and increased raw material costs of conventional coatings resulting in increased nanocoatings adoption and will be a growing nanocoating market trend. Growth in key application industries such as electronics, automotive, and healthcare, particularly in Asia Pacific, is expected to drive global nanocoatings market demand in the region due to low-cost labor and technological advances during the forecast period.
Competitive Scenario :
The global nanocoatings market, which is highly competitive, consists of a few major players. In terms of market share, few of the major players currently dominate the market. The key players of market  are Nanogate AG, Buhler AG,  Bio-Gate AG, Admat Innovations, Nanophase Technologies Corporation,  Nanomech Inc., Surfix BV, CIMA Nanotech, EIKOS Inc., Integran Technologies Inc. Tesla Nanocoatings Inc., Duraseal Coatings Company LLC., Nanovere Technologies LLC, Inframat Corporation and ACTnano, Nanofilm Ltd., P2i Ltd., 
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Nanocoatings industry, although key threats, opportunities and disruptive technologies that could shape the Global Nanocoatings Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Nanocoatings Market most.
The data analysis present in the Global Nanocoatings Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Nanocoatings Market business.
The 2021 Annual Global Nanocoatings Market offers:
100+ charts exploring and analysing the Global Nanocoatings Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Nanocoatings Market type
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Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.
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Navigating the Future: Market Dynamics and Growth Prospects in the Rust Lubricant Industry
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The Rust Lubricant Market is estimated to be valued at US$ 50.99 Bn in 2023 and is expected to exhibit a CAGR of 3.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Rust lubricants are composed of various additives that include oil, grease, corrosion inhibitors, and other chemicals. They effectively coat the metal surfaces and form a resilient barrier. The product is available in various forms such as sprays, oil, grease, and paste as per the application requirements. Rust lubricants help minimize maintenance costs and reduce equipment downtime in industrial operations. Market key trends: One of the key trends in the rust lubricant market is the growing demand from the automotive industry. Rust lubricants play a vital role in protecting the various metal components present in vehicles from corrosion. The harsh weather conditions and growing salt use on roads contributes to rapid rust formation. Therefore, automotive OEMs are focusing on developing highly durable rust preventive lubricants to increase the lifespan of vehicles. Moreover, industrialization and infrastructure development activities worldwide are also driving the need for corrosion protection of machinery, thereby supporting the market growth of rust lubricants. Porter’s Analysis
Threat of new entrants: New entrants face high initial investment barriers as the rust lubricant market is consolidated. However, new players can partner with existing manufacturers and offer innovative products.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of alternatives and price sensitivity. Switching costs are low.
Bargaining power of suppliers: Major suppliers have significant influence due to proprietary technologies and formulations. Supply contracts provide stability.
Threat of new substitutes: Potential substitutes include dry film lubricants and surface treatments. However, substitutes offer limited performance compared to specialized rust lubricants.
Competitive rivalry: The market is consolidating with major players competing on product quality, brands, and supply chain strength.
SWOT Analysis
Strength: Strong brands and proprietary technologies provide an advantage to major manufacturers. Extensive distribution networks ensure wide availability.
Weakness: Heavy R&D investments and stringent quality standards increase costs pressures on small players. Supply chain disruptions negatively impact production.
Opportunity: Developing regions in Asia Pacific and Latin America offer high growth potential driven by industrialization. Growth of automotive, manufacturing and oil & gas sectors provide opportunities.
Threats: Volatility in raw material prices poses risks. Stringent environment regulations around VOC emissions increase compliance costs.
Key Takeaways
The global rust lubricant market size is expected to reach US$ 88.27 Bn by 2030, exhibiting a CAGR of 3.4% over the forecast period. Growth of end-use industries such as automotive, industrial machinery, and construction is driving the demand for corrosion protection solutions. The Asia Pacific region dominated the global market in 2023, accounting for over 35% of the global demand, due to strong presence of manufacturing industries in China, India, Japan, and South Korea. The region is estimated to continue its dominance, expanding at a 4.2% CAGR through 2030 on back of rapid industrialization and infrastructural development activities. North America and Europe are other major rust lubricant markets, collectively accounting for over 45% share in 2023. Stringent regulations around corrosion prevention in these developed regions support market growth. Key players operating in the rust lubricant market are Total Lubrifiants, ExxonMobil, Chevron, Royal Dutch Shell, Fuchs Petrolub SE, BP Lubricants, The Lubrizol Corporation, Sinopec Corporation, Quaker Chemical Corporation, Klüber Lubrication, Valvoline LLC, Castrol, Schaeffer Manufacturing Co., Houghton International Inc., and Lubrication Engineers Inc. Major players are focusing on new product launches, capacity expansions and partnerships to strengthen their positions and tap growth opportunities in emerging regions.
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insightslice · 4 years
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Physical Vapor Deposition Market Trends, Analysis and Forecasts, 2020 – 2030
Rising demand from consumer electronics, automotive and healthcare industries, increasing investment in development of advanced surface coating technologies, and eco-friendly characteristics of physical vapor deposition process are the primary factors influencing the growth of the global physical vapor deposition market. Primarily used for fabrication or deposition of thin film and surface coating, physical vapor deposition plays a vital role in material processing and surface coating industry. During vapor deposition process, the material to be deposited goes from condensed phase to vapor phase and back to condensed phase in the form of thin film. The physical vapor deposition process does not require a process medium and does not produce any process waste, thereby making the process environment friendly. The demand for physical vapor deposition is primarily driven by increased demand for affordable and sustainable surface coating technology. The physical vapor deposition technique is used for deposition of protective coating on healthcare equipment, cutting tools, surgical tools, solar products, microelectronics and storage devices. Strong adoption of physical vapor deposition process and expansion of electronic, healthcare and energy & utility industry is anticipated to contribute towards the growth of the global physical vapor deposition market in coming years.
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The Asia Pacific physical vapor deposition market contributed a dominating share to the global physical vapor deposition market in 2019 and is anticipated to be a dominating segment throughout the forecast period. Asia Pacific is witnessing expansion of healthcare, semiconductor & electronics, and automotive industries owing to increased investment across major countries such as India, Indonesia, and Malaysia. This is expected to offer prominent opportunities to the manufacturers and suppliers of physical vapor deposition equipment, materials and services providers in coming years. The North America physical vapor deposition market is anticipated to witness steady growth during the forecast period, with healthcare equipment and microelectronics device manufacturing industries being the major growth contributors.
Physical Vapor Deposition Market Share Analysis, by Geography (2019)
The report titled “Physical Vapor Deposition Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global physical vapor deposition market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global physical vapor deposition (PVD) market is segmented on the basis of components, applications, and geography. Based on component, the global physical vapor deposition market is segmented into PVD equipment, PVD material, and PVD services. Based on applications, the global physical vapor deposition market is segmented into microelectronics, data storage, solar products, cutting tools, medical equipment, and others. Based on geography, the global physical vapor deposition market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on physical vapor deposition. Further, market share of prominent companies in the global physical vapor deposition market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the Physical Vapor Deposition companies.
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The global physical vapor deposition market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the physical vapor deposition business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global physical vapor deposition market.
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Volatile Corrosion Inhibitors Packaging Material Market: Navigating the Landscape of Smart Packaging for Corrosion Prevention
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The Volatile Corrosion Inhibitors (VCI) Packaging Material Market is estimated to be valued at US$ 826 Mn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:
Volatile Corrosion Inhibitors packaging materials release protective vapors which coat metallic surfaces inside the package and shield them from corrosion. The coating prevents direct contact between air and unpacked metal components, thus effectively inhibiting corrosion. VCI packaging materials find major application in protecting ferrous and non-ferrous metals during storage and transit. They provide cost-effective corrosion protection compared to traditional methods. Market Key Trends:
Growing emphasis on eco-friendly product trends is driving demand for Volatile Corrosion Inhibitors packaging materials market. Traditional VCI films utilize nitrites as core corrosion inhibitors which have environmental concerns. Leading manufacturers are focusing on developing bio-based and non-nitrite VCI films using natural corrosion inhibitors such as fatty acids from plant oils. For instance, Cortec Corporation produces biodegradable VCI films from corn and other biomass. Such eco-friendly product innovations are boosting the adoption of VCI packaging for sustainable corrosion protection of metal parts and components. Porter’s Analysis:
Threat of new entrants: The VCI packaging material market has moderate threat of new entrants as it requires substantial R&D investment and compliance with various packaging regulations.
Bargaining power of buyers: The bargaining power of buyers is moderate to high as there are numerous established players providing VCI packaging solutions. Buyers can negotiate on prices and quality standards.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as raw material suppliers such as plastics and paper manufacturers have established presence. However, volatility in raw material prices can affect the industry.
Threat of new substitutes: Threat of new substitutes is low as VCI packaging effectively protects against corrosion for metallic components during storage and transport.
Competitive rivalry: High as major players compete on product quality, innovation, and global expansion.
SWOT Analysis:
Strength: VCI packaging provides effective corrosion protection and extends product shelf life. It is a sustainable and recyclable solution.
Weakness: High material and production costs. Supplier dependency on raw materials.
Opportunity: Growing automotive, electronics, and industrial sectors driving the need for robust corrosion protection during international shipments. Development of bio-based and environment-friendly VCI films.
Threats: Stringent regulations regarding use of certain chemicals in packaging. Economic slowdowns reducing manufacturing output.
Key Takeaways:
The global Volatile Corrosion Inhibitors (VCI) Packaging Material Market is expected to witness high growth, exhibiting CAGR of 6.2% over the forecast period, due to increasing investment in manufacturing sector globally. North America dominates the VCI packaging material market currently due to major automotive and electronics production. Asia Pacific is expected to grow at fastest pace due to expanding manufacturing hub and growth in exports from China and India. North America accounts for over 30% of the global VCI packaging material market share currently owing to huge manufacturing output in United States. Asia Pacific VCI packaging material market led by China, Japan, and India is anticipated to expand at fastest CAGR of 7.5% through 2030 on back of increasing automotive and electronics FDI investments in the region. Key players operating in the VCI packaging material market are Cortec Corporation, Branopac GmbH, Armor Protective Packaging, Protective Packaging Corporation, Nefab Group, Daubert Industries, Inc., Zerust Excor, and Metpro Group. The major players are focusing on new product development, global expansion, and acquisitions to gain leading position in the market.
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Adhesive Tapes Market Growth, Size, Opportunities, Key Factors, Revenue Analysis,  2022–2030
The global adhesive tapes market growth, the global market is expected to grow at a CAGR of 5.4% during the ongoing forecast period of 2020-2030. During this period, the global market is expected to reach a final market value worth USD 79.9 billion.
Adhesive tapes are a combination of backing material and adhesive films for joining two objects. The protection accorded to the surface due to its application and advances in technology for making it lightweight can expand its scope multifold. The global adhesive tapes market growth report by Market Research Future (MRFR) contains drivers, challenges, opportunities, and trends for the period of 2020 to 2030 (forecast period). The critical tape applications during the COVID-19 pandemic are also included and discussed as game changers in the report.
The use of commodities and special tapes in packaging is likely to foster market growth over the forecast period. Awareness of hygiene and rise in disposable income levels has driven the need for adhesive tapes in the healthcare sector. The use of medical devices in various developing economies and the improvements in medical infrastructure can bode well for market demand. Advances in lightweight materials and its application in various industries can bode well for the market. The leaps made by the eCommerce sector, rise in online shopping, and advances in packaging for customer satisfaction can bolster the market demand till 2022.
But fluctuations in raw material prices can restrain the market growth.
Segmentation
The global adhesive tapes market growth is segmented by material, technology, and application.
By material, it is segmented into paper, polyvinyl chloride, and polypropylene. The polypropylene segment is expected to capture a large market share owing to its use in automotive adhesive tapes. The bonding of electrical components can facilitate segment growth.
By technology, it is segmented into solvent, hot melt, and others.
By application, it is segmented into construction, healthcare, food & beverages, packaging, and others. The healthcare segment is expected to gain the lead in the global adhesive tapes market growth owing to use in monitoring electrodes, surgical containers, and other medical devices.
Regional Analysis
Asia Pacific (APAC) is the fastest growing market for adhesive tapes and the share is attributed to the growing healthcare market. There is a growing awareness among consumers about health and fitness. This fuels the demand for such tapes in healthcare sector from the region. Also, increased investments in infrastructure and construction to support the large population and urbanization can drive the demand for adhesive tapes in construction sector.
However, North America was valued to have the largest market share in 2015 and is expected to expand in size in the coming years. Rising production of vehicles running on fossil fuel and alternative fuel can drive the regional market demand. Developed regions of the U.S. and Canada and expansion of healthcare and automotive sectors can bolster the need for adhesive tapes. It is followed by Europe which is expected to grow steadily over the forecasted period.
The Europe adhesive tapes market growth is driven by its demand in the electrical and electronic sectors. The economic growth of nations and the surge in disposable income levels are critical drivers of the regional market. Hot-melt and solvent technologies are highly used in the region. The slow resurgence of the real estate sector can be opportune for the market to expand gradually.
Competitive Outlook
Shurtape Technologies LLC, Intertape Polymer Group, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group Plc, Lintec Corporation, Tesa SE, 3M Company, Henkel AG & Company KGaA, and Lohmann GmbH & Co.KG are key players of the global adhesive tape market.3
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decisionforsight · 3 years
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Global Specialty Pressure Sensitive Tapes Market
Global Specialty Pressure Sensitive Tapes Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
The Global Specialty Pressure Sensitive Tapes Market held USD 61.58 billion in 2020 and is to grow with a CAGR of 3.9% from 2020-2030. A specialty pressure-sensitive tape is a backing material or carrier that is often covered with an adhesive or a liner for release. These are made using coating technologies such as solvents, hot melt, and dispersion-based technologies. Specialty pressure sensitive tapes are based on hot melt technology, that uses a resin adhesive or strong synthetic rubber which results in a strong bond between the tape and the surface on which it is applied. Specialty pressure-sensitive tape are commonly used in applications for labeling, wrapping, sealing, stationery, electrical insulation and general use. Specialty pressure-sensitive tapes are used in the automotive industry for joining interior parts, roofing and glass bonding. In the building industry the commodity is commonly used for ceramic tiles, concrete, walls, panels and roofing. Specialty pressure sensitive tapes has wide applications in multiple automotive applications like surface protection, automotive body repairs, wire harnessing, masking, and electric insulation.
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Market Dynamics and Factors :
The increase in construction activities is one of the demanding specialty pressure-sensitive tape market trend. For the production of  plywood, carpet sealing tapes, doors and windows, panel bonding. The building industry uses specialized bands. Additionally, these specialty pressure sensitive tapes are often used for floor and roof tiles as film or scratchproof coating. Growing demand for public infrastructure in developing countries such as Brazil, Russia, India, China, and South Africa (BRICS) and the Gulf Cooperation Council (GCC) would improve specialty pressure-sensitive tape market size prospects in the coming years. Additionally, increasing investments from emerging-country governments like China and India in infrastructure development will also fuel specialty pressure sensitive tape market demand during the forecast period of the pressure sensitive tapes industry. The increase in usage of hot melt technology for the production of double-sided tapes is expected to increase the pressure sensitive tapes market size over the forecast period, especially for mounting in the building & construction and automotive industries, thus it will be a fuelling specialty pressure sensitive tapes market trend, over the forecast period.  
Market Segmentation:
Global  Specialty Pressure Sensitive Tapes Market – By Product
Carton Sealing Tape
Masking Tape
Double Sided Tape
Specialty Tape
Global  Specialty Pressure Sensitive Tapes Market – By Backing Material
Polypropylene
Paper
Polyvinyl Chloride
Others
Global  Specialty Pressure Sensitive Tapes Market – By End-User
Food & Beverage
Building & Construction
Electrical & Electronics
Automotive
Healthcare
Global  Specialty Pressure Sensitive Tapes Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis :
Asia Pacific accounts for the significant global specialty pressure sensitive tapes market share, both in terms of revenue and volume. This is because China is the main specialty pressure-sensitive tape market, supplying regional demand as well as catering to Europe's and North American international markets. Together with China, Taiwan and Indonesia also produce export-destined specialty pressure-sensitive tapes. Single coated tapes like masking tape and BOPP pressure sensitive  tape in the light of booming packaging and automotive industry in Asia Pacific holds a large specialty pressure sensitive tape market share. Masking tape growth is also likely to be powered by the regional construction and automotive development. Specialized tape segments such as double coatings, transfers, foam and medical bands are likely to see significant gains particularly in the Asia Pacific region due to increased accessibility of healthcare around the world, thus fuelling the specialty pressure sensitive tapes market size.
Competitive Scenario :
The key players of global specialty pressure sensitive tapes industry are Canadian Technical Tape Limited, Lintec, Avery Dennison Corporation, Nitto Denko Corporation, 3M Adchem Corporation and Henkel AG & Company KGaA
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Specialty Pressure Sensitive Tapes industry, although key threats, opportunities and disruptive technologies that could shape the Global Specialty Pressure Sensitive Tapes Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Specialty Pressure Sensitive Tapes Market most.
The data analysis present in the Global Specialty Pressure Sensitive Tapes Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Specialty Pressure Sensitive Tapes Market business.
The 2021 Annual Global Specialty Pressure Sensitive Tapes Market offers:
100+ charts exploring and analysing the Global Specialty Pressure Sensitive Tapes Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Specialty Pressure Sensitive Tapes Market type
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