Thursday, 26 November 2015

Booming Automotive Industry Prompts Global Metallic Pigments Market to Reach US$1,286.7 Million by 2023

The global metallic pigments market was valued US$736.2 million in 2014. The market is expected to reach a value of US$1,286 million by 2023, if it can maintain an estimated CAGR of 6.4% from 2015 to 2013. According to a report released by Transparency Market Research, titled “Metallic Pigments - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, the market’s primary growth driver has been growing demand for aluminum.The report states that aluminum was the largest product segment of the global metallic pigments market in 2014.

Browse the full Metallic Pigments Market report at: http://www.transparencymarketresearch.com/metallic-pigments-market.html

A majority of the market was taken up by plastics, printing inks, coatings, and paints that were based on aluminum pigments. Aluminum was the preferred metal due to the visual appeal that it brought out. In comparison, 15% of the 2014 global metallic pigments market was held by copper, which is used to apply a gold bronze finishing to products. Copper pigments are in larger use in the application segments of personal care and printing inks. Other major product segments include chromium and stainless steel.
Among the various end users, the global metallic pigments market was dominated by paints and coatings. Automotive OEM and refinish coatings make major use of metallic pigments, along with architectural projects. Due to the corrosion resistance provided by metallic pigments, they are also used in marine coatings.The global metallic pigments market in 2014 had printing inks as the second largest end-use segment. Printing inks were used as offset inks and in flexography, gravure, and digital inks. The demand for metallic pigments is set to increase by the end of 2023.The fastest growing end-use segment of the global metallic pigments market is expected to be personal care in the near future. Demand for metallic pigments from building materials and plastics are expected to remain stable for the report’s forecast period.


The report’s geographical segmentation of the global metallic pigments market reveals Asia Pacific as the largest consumer. The region held over 30% of the market in 2014, and the report expects it to maintain its lead for the time being. The region’s growth is mainly attributed to a high demand for plastics, printing inks, and paints and coatings.Europe and North America, on the other hand, are set to show a declining demand from the global metallic pigments market. The primary restraint on the market is the increasingly stringent environmental protection regulations employed by the region’s governing bodies.MEA and Latin America are expected to be the new emergent regions in the market, as they continue to show growing requirement for metallic pigments. However, the demand is still reportedly less and could possibly fall by the end of 2023.Some of the top companies operating in the global metallic pigments market are Asahi Kasei Corporation, Silberline Manufacturing Co., Carl Schlenk AG, BASF AG, and ALTANA AG.

Most metallic pigments are used to provide finishing touches to a surface. They add protection for the surface from external elements and increase its appeal by providing ductility, opacity, glossy metallic finish, and a wider range of colors.

Key segments of the Global Metallic Pigment Market

The metallic pigments market has been divided into the following segments:

Metallic Pigments Market - Product Segment Analysis
Aluminum
Zinc
Copper
Stainless steel
Others (Including nickel, etc.)

Metallic Pigments Market - End-user Analysis
Paints & coatings
Plastics
Personal care
Printing inks
Others (Including construction materials, etc.)
Metallic Pigments Market - Regional Analysis
North America
  • U.S.
  • Rest of North America
Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • ASEAN
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Rest of Latin America
Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa


About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Wood Adhesives and Binders Market is Anticipated to Reach USD 17.77 Billion by 2020

Transparency Market Research has published a new market report titled “Wood Adhesives and Binders Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global wood adhesives and binders market was valued at USD 13.15 billion in 2013 and is expected to reach USD 17.77 billion by 2020, expanding at a CAGR of 4.4% between 2014 and 2020. In terms of volume, the global wood adhesives and binders market stood at 16,207.7 kilo tons in 2013.

Browse the full Wood Adhesives and Binders Market report at : http://www.transparencymarketresearch.com/wood-adhesives-binders-market.html

Increasing population across the globe is estimated to boost the market for construction projects. This, in turn, is anticipated to propel the wood adhesives and binders market in the near future. Benefits such as ease of use, time efficiency, lightness in weight, low prices and aesthetics are the major drivers for rising adoption of wood adhesives and binders. However, stringent regulations associated with volatile organic compounds (VOCs) and instability in prices of petroleum feedstock is projected to hamper market growth during the forecast period. Furthermore, revenues are expected to grow at a slower rate compared to volume due to price sensitivity of the end-user markets and shifting trend towards products with lower VOCs.

In order to reduce their reliance on synthetic (petroleum-derived) wood adhesives and binders, major industry participants have been shifting their focus towards developing bio-based wood adhesives and binders over the past few years. Bio-based wood adhesives and binders made from soy and cellulose offer better biocompatibility with environment.


North America dominated the global wood adhesives and binders market, accounting for about 33% of the global market in terms of volume in 2013. Asia Pacific was the fastest growing market for wood adhesives and binders, accounting for a significant share of the market volume in 2013. The market in the region is likely to grow at a faster pace from 2014 to 2020. Europe also held a healthy share of the market in terms of volume in 2013. Major demand growth in Europe is expected from emerging Eastern European countries, especially Russia. RoW accounted for the least share of the total volume in 2013.

Urea-formaldehyde products emerged as the largest product segment, accounting for over 30% of the global wood adhesives and binders market in 2013. In terms of volume, soy-based wood adhesives and binders are expected to be the fastest growing products, expanding at a CAGR of approximately 7% between 2014 and 2020, due to a shift towards bio-based products encouraged by stringent environment regulations and sustainability requirements. Additionally, bio-based wood adhesives and binders offer superior biocompatibility and negligible VOC emissions.

Flooring & plywood applications dominated the market in 2013, constituting over half the share of the global market in terms of volume. Furniture & subcomponent applications are likely to be the fastest growing market for wood adhesives and binders, expanding at a CAGR of over 5% from 2014 to 2020 in terms of volume. Other applications of wood adhesives and binders include do-it-yourself (DIY) consumer products and crafts. These are expected to grow at a slower pace during the forecast period.

The report segments the global wood adhesives and binders market as:
Wood Adhesives and Binders Market – Product Segment Analysis
  • Urea-formaldehyde (UF)
  • Melamine-urea-formaldehyde (MUF)
  • Phenol-formaldehyde (PF)
  • Isocyanates (MDI, TDI, HDI)
  • Soy based
  • Others (Including polyurethane, epoxy, silicone, polyvinyl acetate (PVAc) and ethyl vinyl acetate (EVA)

Wood Adhesives and Binders Market – Application Analysis
  • Cabinets
  • Flooring & plywood
  • Furniture & subcomponents
  • Windows & doors
  • Others (Including do-it-yourself consumer products and crafts)

Wood Adhesives and Binders Market - Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World


About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Wednesday, 25 November 2015

Polypropylene Market to Reach US$133.3 bn by 2023 owing to Globally Rising Demand for Lightweight Vehicles

A new Transparency Market Research report states that the global polypropylene market was valued at US$81.6 bn in 2014 and is predicted to reach US$ 133.3 bn by 2023. It is expected to expand at a 5.7% CAGR in the forecast period between 2015 and 2023. The title of the report is “Polypropylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”.The rising demand for polypropylene within the food and beverages packaging industry, along with the rising demand for lightweight vehicles, is predicted to fuel the market for polypropylene in the coming years. On the other hand, the rising concern regarding the hazardous effects of plastics on the environment and the unpredictable prices of raw materials may inhibit the growth of the market for polypropylene in the coming years. To overcome this obstacle, manufacturers of polypropylene are focusing on biobased polypropylene, which will bring in new opportunities by the end of 2023.

Browse the full Polypropylene Market report at : http://www.transparencymarketresearch.com/polypropylene-market.html

On the basis of end user, the polypropylene market is segmented into automotive, packaging, electrical and electronics, consumer products, construction, and others including agriculture, medical, furniture, etc. Amongst these, in 2014, packaging dominated the market, representing a share of over 45% and is also the most swiftly developing end-use segment in the polypropylene market. This is due to the fact that polypropylene has significant uses in both rigid and flexible packaging because of its resistance to high temperatures and strong chemicals.

The automotive end-use segment trailed the packaging segment and took the second biggest share in the market the same year. Polypropylene presents the right amount of mechanical strength and flexibility and provides a high-quality surface finish in vehicles. Polypropylene is also lightweight – around 15-20% lighter when compared to other plastics. This lowers the total weight of vehicles and as a result reduces fuel consumption and resultant carbon dioxide emissions. Hence, the growing demand for lightweight motor vehicles in developing and developed economies is accelerating the global market for polypropylene.


On the basis of geography, the polypropylene market is segmented into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa (MEA). Amongst these, in 2014, Asia Pacific constituted a share of more than 50% in the global market for polypropylene and is predicted to rise even more by 2023. The demand for polypropylene is predicted to rise in India, China, Brazil, and the Association of Southeast Asian Nations (ASEAN), owing to rising demand for food containers within these countries. Additionally, the increasing number of supermarkets within these countries is further raising the demand for polypropylene in the packaging industry.

On the other hand, Latin America is predicted to increase at an above-average rate owing to rising polypropylene demand from the automotive, construction, and packaging industries. Europe is a stagnant market for polypropylene, however, the rising automotive industry in this region is expected to fuel the polypropylene market in the forecast horizon. BASF SE, Total S.A., Braskem, LyondellBasell Industries N.V., SABIC, Borealis AG, Sinopec, and Reliance Industries Limited, among others are the key players dominant in the market.

The report segments the global polypropylene market as follows:
Polypropylene Market - End-user Analysis
  • Packaging
  • Automotive
  • Consumer products
  • Electrical & electronics
  • Construction
  • Others (Including medical, agriculture, furniture, etc.)
Polypropylene Market - Regional Analysis
North America
  • U.S.
  • Rest of North America
Europe
  • France
  • U.K.
  • Spain
  • Germany
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • ASEAN
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Rest of Latin America
Middle East & Africa (MEA)
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Tuesday, 24 November 2015

China to Continue its Dominance in Global Rare Earth Metals Market

A recent report published by Transparency Market Research studies the global rare earth metals market in detail. The report examines the market dynamics in terms of volume sales, revenue generated, demand and supply trends, and competitive landscape. According to the study, as against its value of US$3.93 billion in 2012, the global rare earth metals market is anticipated to reach US$8.19 billion by the end of 2018. If the estimates hold true, the market will exhibit a healthy 13.0% CAGR between 2012 and 2018. The report is titled “Rare Earth Metals Market - Global Industry Analysis, Applications, Size, Share, Growth, Trends and Forecast, 2012 - 2018” and is available on the company website for sale.

Over the next three years, the global rare earth metals market is poised to register steady growth. The market, according to the report, will gain momentum from the escalating demand for rechargeable batteries, which are mainly used in everyday electronics such as computer memory, fluorescent lighting, DVDs, car catalytic converters, cell phones, magnets, and other devices. Governments of several nations across the globe are stressing upon the use of rechargeable batteries to curb carbon emissions, which is positively impacting the volume sales of rare earth metals around the world. Accelerating demand for clean energy, therefore, significantly propels demand from the rare earth metals market.

Browse the full Rare Earth Metals Market report at:http://www.transparencymarketresearch.com/rare-earths.html

Despite witnessing favorable growth conditions, the market for rare earth metals is likely to face challenges due to the concentration of metal reserves in a few region. The report highlights that China holds the largest reserve of rare earth metals in the world, followed by Russia, the U.S., India, Australia, and others. Since China is the largest producer and consumer of rare earth metals, the country accounts for a whopping 95% of the global rare earth metals market. The unbridled dominance of China in the market is a major challenge faced by producers from other countries, who irrespectively have to comply with the market trends commencing from China. The fluctuating cost of rare earth metals is another factor cited in the report that is likely to inhibit the market’s growth.

Among the different types of rare earth metals, cerium oxide emerged as the biggest shareholder. Due to its large-scale applications, cerium oxide accounted for 40% of the global market in 2013, followed by lanthanum oxide, which held 23.8% of the market during the same period. Lanthanum oxide is widely used across industries such as automotive, green technology, and other industries such as construction and electronics. China Rare Earth Holdings, Arafura Resources, Avalon Rare Metals, Indian Rare Earths, Rare Elements Resources Ltd, Greenland Rare Earth and Energy Ltd, and Chinalco Yunnan Copper Resources Ltd. are identified as some of the few leading companies in the global rare earth metals market.


Rare Earth Metals Market By Type:
  • Lanthanum
  • Praseodymium
  • Cerium
  • Neodymium
  • Samarium
  • Promethium
  • Europium
  • Dysprosium
  • Holmium
  • Gadolinium
  • Terbium
  • Thulium
  • Scandium
  • Yttrium
  • Erbium
  • Ytterbium
  • Lutetium
Rare Earth Metals Market By Application:
  • Magnets
  • Catalyst
  • Metallurgy
  • Ceramics
  • Phosphors
  • Glass
  • Polishing
Rare earth Metals Market By Geography:
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Contact

Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Friday, 6 November 2015

Global Inorganic Metal Finishing Market is Expected to Reach US$ 83.32 Bn by 2020


Transparency Market Research has released a new market report titled “Inorganic Metal Finishing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global inorganic metal finishing market was valued at US$ 54.75 Bn in 2013 and is likely to reach US$ 83.32 Bn by 2020, expanding at a CAGR of 6.2% between 2014 and 2020.

Inorganic metal finishing plays an important role in the production cycle of metals. Inorganic metal finishing processes are used to deposit either a non-metallic or metallic coating on a substrate. Metal finishing enhances the corrosion resistance of the metal substrate; hence, it is extensively used in various industries. Global demand for inorganic metal finishing is primarily driven by growth in automotive and steel industries, and subsequent increase in demand for inorganic metal finished components. These are anticipated to remain the major driving forces for the inorganic metal finishing market in the near future. Stringent regulations regarding the usage of inorganic metal finishing are anticipated to offer key challenges for market participants.

Browse the full Inorganic Metal Finishing Market report at : http://www.transparencymarketresearch.com/inorganic-metal-finishing-processes.html

Electroplating was the predominant segment in the inorganic metal finishing process market, accounting for over 35% of the global demand in 2013. Demand for components manufactured using electroplating is projected to rise significantly in the next few years, due to its increasing usage in several automobile applications across the globe. Inorganic metal finishing processes are extensively used in several industrial as well as electrical and electronics applications due to its several advantages as compared to other finishing processes. Properties such as high corrosion resistance and high durability are anticipated to be the key driving factors for the electroplating metal finishing market in the near future.

Asia Pacific accounted for about 35% of the global inorganic metal finishing market in 2013, followed by North America and Europe. Asia Pacific is estimated to be the fastest growing region in terms of consumption of inorganic metal finishing technologies. This can be ascribed to growth in automotive, steel and electrical and electronics industries in the region. Asia Pacific emerged as a key destination for inorganic metal finishing producers due the recent economic development coupled with increasing disposable income of people in the region. This has encouraged various manufacturers to establish new capacities in Asia Pacific. North America is another major region with strong demand for inorganic metal finishing technology. The market for inorganic metal finishing products in North America is likely to expand at a CAGR of 5.9% in terms of revenue between 2014 and 2020.


Major participants in the inorganic metal finishing market include Abakan Inc., Metal Finishing Technologies LLC, Sequa Corporation, TIB Chemicals AG, Elementis plc, Rockwood Holdings Inc., Vanchem Performance Chemicals, Atotech Deutschland GmbH, Honeywell International Inc. and Industrial Metal Finishing.
Inorganic Metal Finishing Market – Product Segment Analysis
  • Pretreatment/Surface Preparation
  • Inorganic Metal Finishing Processes
  • Consumables and Spares

Inorganic Metal Finishing Market – Application Analysis
  • Automotive
  • Electrical and Electronics
  • Industrial
  • Others (Including hardware and defense)

Inorganic Metal finishing Market – Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)


About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453