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Archive for the ‘Chemicals and Materials’ Category

Global Construction Aggregates Market Revenue Expected to Grow US$468.2 Bn by 2021 : PMR

Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which finds application in construction activities. Aggregates are the world’s most mined material. Aggregates give resistance to wear and erosion, volume stability, and other desired physical properties to the finished product. (more…)

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North America Specialty Solvents Market is Projected to be Valued at US$ 51.2 Bn by 2022

According to the latest market report published by Persistence Market Research, titled “North America Market Study on Speciality Solvents: Pharmaceutical and Personal Care Segment to Exhibit above Average Growth during the Forecast Period 2016 – 2022,” the North America specialty solvents market was valued at US$ 37.8 Bn in 2015 and is anticipated to expand at a CAGR of 4.5% from 2016 to 2022, to reach a market value of US$ 51.2 Bn by 2022. (more…)

Global Bitumen Market is Estimated to Reach US$ 70,072 Mn by End of 2016

According to a new market report published by Persistence Market Research, titled “Global Market Study on Bitumen: Paving Grade Bitumen to Hold Significant Share during the Forecast Period, 2016 – 2022 ”, the global bitumen market is estimated to reach US$ 94,748.2 Mn by 2022.   (more…)

Marine Coatings Market : Global Industry Analysis and Forecast 2016 – 2022

Marine coatings are the protective coatings applied on the surface of the ships, cruises, vessels, yachts and other offshore structures (oil rigs, bridges) exposed to the sea water and corrosive conditions. The marine coatings are applied on the above mentioned surfaces to protect against corrosion, fouling and slimes thus increasing the durability and life of the marine vessels and offshore structures. The need for dry-docking of vessels subsequently, new ship building activities and the growth in offshore drilling is propelling the growth of global marine coatings market. The shipping trade is also growing globally, which is one positive factor for the growth of global marine coatings market. The demand for VOC free and environment friendly marine coatings among the customers are gaining popularity, hence new trends are being employed by marine coatings manufacture to achieve this specifications of consumers and to comply with government norms. The global marine coatings market is expected to project a healthy CAGR over the period of forecast.

The global marine coatings market is expected to show a healthy growth, and the key driving factors responsible for the growth of marine coatings market are, the growth in the world trade, awareness among the consumers about hull protection, fuel efficiency of the vessel and the expansion of oil and gas sector in the off shore regions, new ship building facilities and the dry-docking activities tends to drive the market for marine coatings globally. The popularity of yacht and cruise ships among the people for leisure time is also contributing to the growth of marine coatings market. Somehow, the regulatory norms applied by the government for the use of VOC’s based marine coatings might pose as a restraint for the growth of global marine coatings market. To overcome the environmental restrains new technologies are being adopted by the manufacturers like more water based and less VOC’s content in the marine coatings which are trending in the global marine coatings market among the consumers. Faster drying marine coatings are also finding its popularity in the market.

On the basis of chemical base, the global marine coatings market is divided into: 

  • Epoxy based coatings
  • Polyurethane based coatings
  • Water based & low VOC’s based coatings

On the basis of product type, global marine coatings market is divided into:

  • Anti-Fouling
  • Anti-Corrosive
  • Slime release
  • Foul releasing
  • Others (barrier coatings, cargo tank coatings)

On the basis of application, global marine coatings market is divided into:

  • Ships
  • Shipyards
  • Offshore civil structures
  • Yachts
  • Container vessels
  • Others (cruise liners)

The global marine coatings market has been divided into seven key geographical regions which includes North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa. The North American market for marine coatings is showing a slow-moving growth because of the small size of the marine industry in the region. The market for marine coatings in the Europe region is just above North American market in terms of market growth but with a slower rate. The APEJ marine coatings market is currently dominating in the global marine market and will pose a healthy growth rate over the forecast period. In the APEJ region, the consumption of marine coatings has shown an incredible growth with China on the top of the list in terms of consumption in the APEJ region and globally which is mainly because of the growth in new ship building activities, maintenance and dry-docking activities in the region. South Korea marine coatings market is trailing behind China. Japan marine coatings market is in the third position in terms of market share. There has been an increase in the number of ship owners in Singapore which is expected to propel the market for marine coatings in the APEJ region. The Indian market is also expected to emerge as a strong contender in the marine coatings market in the forecast period. Overall, the global marine coatings market is foreseen to register a healthy single digit CAGR.

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Some of the major players identified in the global marine coatings market include Akzo Nobel N.V, PPG Industries, Inc., The Sherwin-Williams Company, Axalta Coating Systems, LLC, BASF, KANSAI PAINT CO.,Ltd, Nippon Paint Marine Coatings Co. Ltd, PPG Asian Paints Private Limited, Jotun, Hempel Foundation, Mascoat, Comex, KCC corporation, Chugoku Marine Paints, Ltd, National Paints Factories Co. Ltd

Request TOC (table of content), Figures and Tables of the Report: http://www.persistencemarketresearch.com/toc/10178 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

  • Marine Coatings Market Segments
  • Marine Coatings Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Marine Coatings Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Marine Coatings Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Marine Coatings Market Drivers and Restraints

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Regional analysis for Marine Coatings Market includes 

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and Africa

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Browse full PDF: Marine Coatings Market

Split Fibers Market : Global Industry Analysis and Forecast 2016 – 2022

Split fibers are microfiber having linear density less than 1 dtex (decitex). Although production technology has been available to manufacture split fibers, powerful demand for split fibers did not start until 1980s. Toray was first company in the world to launch Micro Fibers followed by DuPont, ICI. Polypropylene is the material used to produce split fibers because of ease of processing and perfect mechanical properties. The major properties of polypropylene are stiffness, high tensile strength, lower elongation and very fibrillation length. Polypropylene also used with other olefins in form of blends to increase the fibrillation tendency. The split fibers are produced by treating bi-components filaments physical and chemical processes. Bi-components has the two types of polymers. Polyamide/ Polyester and polyester/ Polyolefines are the suitable combination for splittable bi-component filament spinning. Split fibers are produced in various steps such as tape production, stretching process, and splitting process. Applications areas of Split fibers are carpet backing fabrics, canvas over tarpaulin, sacks, bags, ropes, twine, release fabrics, filter fabrics, household textiles and reinforced fabrics. 

Increasing demand to improve fiber properties will drive the global split fiber market. Split fibers has opened the innovative product development opportunities in filtration systems which will further boost the demand in global split fiber market. Global Split fibers prescribes high prices. Cost of manufacturing of split fibers is high as compared to common fibers. Split microfiber can’t replace without significant changes to processing methods. This may prevent the development of split fibers into various textile and industrial applications. In the consumption of split fibers target concept has been luxury than utility. But size of luxury market is not very high.

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Billions of microfiber are being consumed by aquatic life. Uncontrolled voracious mass from fashion industries increasing the issue without any help to addressing to environmental problems. On the basis of survey carried out in 2011, about 60 to 85 percent of artificial material found on shorelines has microfiber from clothing, and this is having adverse effect on environment especially on aquatic life. Clothing industry is ignoring to deal with environmental issues is the restraining factor in study and real research about environmental solutions. Microfibers are not easy to collect once they are release in environment. Also the government policies are not taking initiatives about environmental concerns split microfiber and their effect in food chain. Professionals from clothing industries have not scientific trainings and essential qualifications to mark these issues.

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Split fibers are new promotion of the synthetic fibers, which is not yet developed to the apex of evolution. There are the various range of possibilities to be developed in design, manufacturing and process. There is emphasis on blends which might have various applications but the problem is ratio required of microfiber in blends to qualify the product. So this is an opportunity to the manufacturers to optimize the blend ratio to amplify the profit.

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On the basis of applications, the global split fiber market can be segmented into:

  • Clothing
  • Protection against Weather
  • Filtration systems
  • For Cleaning
  • Construction Applications
  • Synthetic Game Leather
  • Sport applications
  • Energy Conservation

The global Split Fibers market has been divided into seven key geographical regions which includes, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. North America will be dominating market for Split Fibers. The market in this region is dominated by application of split fibres based clothes and wearing in sports. The constructions applications and use of Split fibres in filtration systems in the APAC region namely in emerging economies of India, China, will boost the global Split Fibers market over the forecast period. Asia Pacific is followed by Western Europe and Latin America. There will be increasing demand for split fibres in Middle East and Africa as use of Split Fibres for energy conservation.

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Some of the key players identified in the global split fibers market are Microfibers, JINTEX, Rag Company, Evolon, Tricol, Fortrel Microspun, Wuxi Kingda Microfiber Ltd, Huafon Microfiber(Shanghai) Co ltd, Eastman, Clay Cloth company, Maxwell Fabrics, H & C microfiber Ltd, O Eco Textiles, Norwax, Robert Scott and Sons Ltd, Tianshou, Jopasu Systems, Giardini

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report covers exhaustive analysis on: 

  • Split Fibres Market Segments
  • Split Fibres Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Split Fibres Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Split Fibres Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Split Fibres Market Drivers and Restraints

Regional analysis for Split Fibres Market includes 

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and Africa

Report Highlights: 

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Browse Full PDF: Split Fibers Market

Ferrochromium Market : Global Industry Analysis and Forecast 2016 – 2022

Ferrochromium, also known as Ferrochrome, is an alloy of iron and chromium containing 50 to 70% of chromium. It is produced by electric arc melting of chromium ore and chromite. Ferrochromium is consumed extensively in the manufacturing of steel to achieve the qualities such as corrosion resistance, tensile strength, heat resistance and yield strength. The global ferrochromium market is anticipated to be in deficit to cater the increasing global steel market in near future. Ferrochromium is mostly produced in India, China, South Africa and Kazakhstan because of large chromite resources found in these countries. The global ferrochromium market is witnessing a modest single digit CAGR growth up till now and is expected to continue in future. (more…)

Adipic Acid Market : Global Industry Analysis and Forecast 2016 – 2022

Adipic acid is one of the most commercially important type of aliphatic dicarboxylic acids, especially due to its significant usage as a feedstock for the production of industrial fibers. It is produced from the oxidation of a mixture of cyclohexanol and cyclohexanone with nitric acid. Alternatively, adipic acid can also be produced from butadiene carbonylation. There has been a significant demand for chemically resilient, strong and durable fibers for the manufacture of automotive parts. This has initiated a strong demand for adipic acid, since it is one of the key ingredients for the production of composite materials. The major consumption of adipic acid is as the feedstock for the production for nylon 6,6 resin and engineering fibers. The non-nylon applications of adipic acid include its usage in the manufacture of polyurethanes, plasticizers, food additives and pharmaceuticals.

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The escalating demand for adipic acid from automotive, electrical & electronics, consumer goods and appliances industry is one of the chief drivers for the adipic acid market. The extensive research and development in the textile production technology is also one of the key factors influencing the adipic acid market. The companies are focusing on developing high quality, durable, lightweight and high absorption capacity fibers which are capable of enduring extreme conditions such as high temperatures and are chemically inert as well. The adipic acid market has witnessed a significant growth in the recent decade and the trend is anticipated to continue for the forecast period. However, the presence of stringent environmental regulations in different regions and the rise of hybrid fibers is expected to restrain the adipic acid market

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The adipic acid market can be segmented in the basis of

On the basis of Application:

Fibers

    • Adipic Esters
    • Polyamide 66
    • Polyurethane
  • Engineering plastics
  • Automotive
  • Electrical appliances
  • Industrial
  • Film Coating

The adipic acid market can be segmented on the basis of the regions as North America, Latin America, Asia Pacific, Europe and Middle East & Africa. In terms of production and consumption Asia Pacific is the biggest market for the adipic acid. The chief markets in Asia Pacific region include India and China, which are forecasted to exhibit double digit CAGR owing to relatively relaxed regulation and high demand from the automotive manufacturers markets Followed by Asia Pacific the next most promising region is Middle East and Africa, which will be a chief participant in the adipic acid market in the coming years. Although North America is one of the largest market for adipic acid in terms of consumption. However, the demand in this regions is modest and is anticipated to exhibit modest growth over the forecast period. Europe is anticipated to exhibit a modest growth in imminent years for adipic acid owing to its high demand in the automotive industry, but the market in this region is limited due to the presence of strict regulations.

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Some of the key players include in the adipic acid market report include DSM, Ascend Performance Materials Inc., BASF SE , Verdezyne, PetroChina Liaoyang Petrochemical ,Rennovia, Sumitomo Chemical Co., Ltd, Asahi Kasei Corporation, Invista, Lanxess Ag and Rhodia

The report covers exhaustive analysis on: 

  • Adipic Acid Market Segments
  • Adipic Acid Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Adipic Acid Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Adipic Acid Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Adipic Acid Market Drivers and Restraints

Regional analysis for Adipic Acid Market includes 

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and Africa

Follow us on: https://www.linkedin.com/company/persistence-market-research-&-consulting 

Report Highlights: 

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Browse Full PDF: Adipic Acid Market

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