Transparency Market Research’s new market study on the global metallurgy powder market analyzes the market’s proceedings for the 2014-2020 period. According to the report, the said market will develop at a modest 5.4% CAGR from 2014 to 2020. This will result in an increase in the market’s valuation from US$6 bn in 2013 to US$8.7 bn by 2020. The report is titled “Powder Metallurgy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” and is available for sale on the company website
The report provides a comprehensive analysis of the economic aspects and other driving factors that will bolster the growth of the global powder metallurgy market during the forecast period.Powder metallurgy finds use in the processing of powdered feedstock, which is an important constituent in the manufacture of mechanical components in heavy machinery. Due to the diverse applications and cost-effectiveness of powder metallurgy, the powder metallurgy market has gained momentum over the past few years. The report says that the aerospace industry has been exhibiting substantial demand for powder metallurgy in the last few years. Other than this, the automotive industry in emerging nations is also exhibiting a substantial demand for powder metallurgy. These nations are overhauling operations for upsurge of the automotive sector, for which powder metallurgy is suitable. The automotive sector in the U.S. has significantly contributed to the development of the global market for powder metallurgy. In terms of the product segmentation of the market, the ferrous powder segment accounted for 80% of the global market in 2013. In the automotive sector, the rising demand for products that use ferrous powder as intermediate material is driving this product segment of the market. In electronics and electrical applications, powder metallurgy is favored as it is economical for energy consumption and cost parameters. The report segments the global powder metallurgy market into the regional segments of North America, Asia Pacific, Europe, and Rest of the World. Of all, in 2013, Asia Pacific held a share of more than 46% in the global market. This regional market will exhibit the fastest growth in the production and consumption of powder metallurgy during the forecast period. To leverage opportunities in this market, leading manufacturers are focused on establishing production capacities in Asia Pacific, which in turn will add to their overall production capacities. In the emerging economies of Asia Pacific, the thriving automotive industry will present immense opportunities for the powder metallurgy market to expand in the coming years. Get FREE Sample PDF file of Powder Metallurgy Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3468 North America and Europe will trail Asia Pacific in terms of the demand for powder metallurgy during the forecast period. North America will exhibit a CAGR of 4.0% between 2014 and 2020 in terms of revenue. The report mentions key companies that operate in the global powder metallurgy market. These are GKN PLC, Höganäs AB, Sumitomo Electric Company Ltd., Hitachi Chemical Company Ltd., Fine Sinter Company Ltd., and Sandvik AB. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Transparency Market Research’s new market study on the global specialty coatings market is a definitive analysis of the several factors that will influence the market’s progression during the 2015-2023 period. These include key drivers of the market, restraining factors, and current market trends. Analytical tools such as Porter’s five forces analysis are used to comprehend the feasibility of new projects and how these can be converted into profitable ventures for market participants. The report is titled “Specialty Coating Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023” and is available for sale on the company’s website.
This report is significantly important for discussing the market from a competitive perspective; the competition in this market is a hive of activities due to the consistent mergers and acquisitions and partnerships that top players undergo to keep up their leading positions. Leading companies in the market such as Ashland, Specialty Coating Systems, Specialty Polymer Coatings Inc., Evonik, NV Specialty Coatings Srl, Axalta, Nicoat, PPG Industries, and U.S. Specialty Coatings Inc. tend to be consistently involved in these pursuits for continued monopoly in the market. Specialty coatings are utilizable to deliver performance and aesthetics as per the requirements of particular applications. They exhibit the properties of a primer, topcoat, and self-priming. Specialty coatings offer benefits of fire or heat resistance, sealing, temporary protection, enhanced corrosion protection, antireflection, substrate compatibility, and excellent adhesive properties. Download FREE Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5042 The Asia Pacific market for specialty coatings is expected to expand rapidly in the coming years due to the increasing utilization of specialty coatings in several end-use industries, such as paints and coatings and building and construction. For instance, between 2015 and 2020, the global paints and coatings market will expand at a CAGR of 5.0% to have a positive impact on the global market for specialty coatings. North America will be the second largest market for specialty coatings, followed by Europe, during the forecast period. In these regions, stringent regulations in place to curb greenhouse gas emissions are favoring the use of specialty coatings. The report discusses the developments in the global specialty coatings market for the forecast period in terms of the criteria of base material, end use, and application across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2014, Asia Pacific exhibited the largest demand for specialty coatings. On the basis of base material, alkyd, acrylic urethane, epoxy, and polyamide are the segments of the market. By end-use application, the segments of the market are OEM paint, oil and gas, power, petrochemical, railway, water and wastewater, architectural, refineries, aerospace and defense, pulp and paper, pipeline, fireproofing, and marine. About Us Transparency Market Research (TMR) is a 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. Transparency Market Research has published a new report titled “Medical Superabsorbent Polymers (SAP) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2010 - 2020.” According tthe report, the global medical superabsorbent polymers market was valued at US$ 96 Mn in 2013 and is anticipated treach US$ 192.2 Mn by 2020, expanding at a CAGR of 7.5% between 2014 and 2020.
Increasing number of accidents, chronic wounds and surgeries has led tgrowing awareness regarding health and hygiene among the people. People are availing expensive surgeries and medical treatments, due trising disposable income. These factors are likely tdrive demand for medical products such as wound dressings, surgical pads, and bandages. This, in turn, would boost the medical superabsorbent polymers market. High absorbency and water retention properties of superabsorbent polymers play an important role in various applications in the medical industry. Medical superabsorbent polymers in wound care dressings absorb exudates, prevent infection and boost the healing process Superabsorbent polymers are one of the key raw materials in the manufacture of woven as well as nonwoven wound care products. Woven and nonwoven fabrics are used in the manufacture of products such as medical gauzes, sponges, healing patches, wound dressings, and surgical tapes. These products are further used in traditional and advanced wound care technologies. However, nonwoven products are employed in advanced treatments or advanced surgeries, as these offer benefits such as high absorption of exudates and faster healing of wounds. Nonwoven products accounted for more than 70% share of the global medical superabsorbent polymers market in 2013. The segment is estimated tgain market share during the forecast period. Get FREE Sample PDF File Of Medical Superabsorbent Polymers Market Wound care has been contributing significantly tthe growth of the medical superabsorbent polymers market. The wound care market is segmented inttraditional and advanced wound care dressings or products. Traditional wound dressings are used for minor wounds, while advanced wound care products are used for major surgeries, wounds, and pressure ulcers. Advanced wound care products are preferred over traditional wound care products, as these products boost the healing process, are odor free, and easy thandle. Advanced wound care segment accounted for over 35% share of the global market in 2013. The segment is estimated texpand in the near future. The others segment (including surgical pads) is alsprojected tboost demand for medical superabsorbent polymers in the near future. Technologies used in the manufacture of nonwoven products for wound dressings include airlaid and others (comprising spunbond and meltblown technologies). Airlaid technology accounted for more than 20% of the global medical superabsorbent polymers market share in 2013. Demand for airlaid technology in the manufacture of nonwoven products is increasing, as it offers benefits such as availability of biodegradable raw materials, sustainability, and lower price. Wet-laid technology, carded technology and laminated technology contribute tthe growth of the rest of the market. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Transparency Market Research (TMR) presents a new research report on the global wood and laminate flooring market; the report helps readers comprehend vital parameters that will mark the progression of the global wood and laminate flooring market during the 2015-2023 period. In this report, environmental conservation legislations that are applicable to wood and laminate products are also discussed; this adds to the credibility of the report for these considerations. Wood is sourced from forestry companies and government agencies that either have ownership or control activities on forest lands. Laminates are manufactured from thermosetting resins; these resins are cured using chemicals such as acetaldehyde.
The market for wood and laminate flooring is analyzed for North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa, for assessing the regional status of vital indicators such as market drivers, restraints, opportunities, and trends. The report is titled “Wood and Laminate Flooring Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023” and is available for sale on the company website. Wood and laminate are important elements of building and construction undertakings. Across the world, the increasing demand for home improvement and new construction undertakings is the major reason for the ever-increasing demand for wood and laminate floorings. In addition, technological advancement for wood-cutting and polishing techniques has led to the development of high-quality products for high aesthetic and functional appeal. The newer products developed are suitable for do-it-yourself installations, which is why these floorings are gaining traction for residential applications. Get FREE PDF Brochure Of wood and laminate flooring market : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5045 However, the difficult procurement process of raw materials and their price volatility can hamper the growth of this market. Wood is the major raw material needed in the manufacture of wood flooring, which is strictly in the purview of legislations for environment conservation and deforestation in wood-producing regions. In addition, increasing raw material costs have diminished profit margins, further restraining the market’s growth. Nevertheless, in countries such as Brazil, Russia, and South Africa, the growing fascination for aesthetically sound products will bring immense opportunities for the market’s development during the forecast period Asia Pacific is a significant market for the consumption of wood and laminate flooring; the region contributes a significant revenue to the global market. In this region, rapid expansion of the building and construction sector will hold promise for the wood and laminate flooring market. The increasing purchasing power and changing lifestyle of consumers in the region are influencing the market’s growth positively. Fausfloor, Millstead, Wickes, Home Legend, and Pergo are some of the top companies in the global wood and laminate flooring market, says the report. About Us Transparency Market Research (TMR) is a 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. Calcium Nitrate Market is Expected to Reach US$ 10.18 Bn by 2020 : Transparency Market Research2/22/2016 Transparency Market Research has released a new market report titled “Calcium Nitrate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global calcium nitrate market was valued at US$ 7.37 Bn in 2013 and is projected to reach US$ 10.18 Bn by 2020, expanding at a CAGR of 4.8% between 2014 and 2020. In terms of volume, the global calcium nitrate market stood at 14,602.1 kilo tons in 2013.
Steadily growing global demand for grain crops and increasing demand for wastewater treatment in emerging economies is expected to boost demand for calcium nitrate. Demand for calcium nitrate is largely driven by high consumption of calcium nitrate fertilizers in emerging economies in Asia Pacific and Latin America to meet their respective food requirements. However, calcium nitrate is hygroscopic in nature and is classified as hazard class 5.1 by regulatory regimes. This could hamper the growth of the market. Based on application, the global calcium nitrate market has been segmented into fertilizers, wastewater treatment chemicals, concrete manufacturing, explosives, and others. In terms of volume, fertilizers is expected to be the largest and fastest growing segment of the calcium nitrate market. The fertilizers application segment accounted for a share of over 50% of the global calcium nitrate market in 2013. Explosives was the second-largest segment of the global calcium nitrate market in 2013 and accounted for a significant market share in the same year. The others segment includes molten salts and regenerable cold packs. Get FREE Sample PDF file of Calcium Nitrate Market Asia Pacific is anticipated to be the fastest growing and largest market for calcium nitrate in terms of revenue during the forecast period. The calcium nitrate market in Asia Pacific accounted for approximately 55% of the share in 2013 and is expected to expand at a rapid rate due to increasing demand for food crops in emerging economies such as China and India, which is expected to boost consumption of calcium nitrate-based fertilizers. RoW is expected to be the second-fastest growing market due to the booming agriculture and mining sectors, boosting demand for calcium nitrate fertilizers and emulsion explosives. North America and Europe are likely to witness moderate growth during the forecast period in terms of volume. The calcium nitrate market is moderately concentrated; it is dominated by small and medium regional companies. Key players in the market include Agrium, Inc., Airedale Chemical, GFS Chemicals, Inc., Haifa Chemicals Ltd., Prathista Industries Limited, Rural Liquid Fertilisers (RLF), Shanxi Jiaocheng, Tianlong Chemical Industry Co., Ltd., Sterling Chemicals, Uralchem Holding PLC, Vardhaman Fertilizers and Seeds Pvt. Ltd., and Yara International ASA. Companies are focusing on expanding their manufacturing capacities and establishing new business units in the emerging markets of Asia Pacific to strengthen their customer base and seek new opportunities in the region. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. According to a recent market research report published by Transparency Market Research, the global monoethylene glycol market is estimated to expand at a CAGR of 6.1% during the period between 2015 and 2023. The report, titled “Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,” projects the global monoethylene glycol market to be worth US$40.85 bn by 2023. The overall market stood at a valuation of US$27.21 bn in 2014. Based on volume, the market stood at 24,782.6 kilo tons in 2014.
The report points out that the growing demand for polyester fiber in Asia Pacific has boosted the growth of the global monoethylene glycol market. The increasing production of polyethylene terephthalate (PET) will further augment the market growth during the forecast horizon. However, the report states that the fluctuating prices of feedstock materials are expected to restrain the market. Monoethylene glycol is produced from ethylene, which is a downstream product of natural gas and crude oil. Hydration of ethylene-intermediator ethylene oxide produces monoethylene glycol. The fluctuating prices of crude oil and natural gas will negatively impact the production of monoethylene glycol. Further, sustainability issues related to monoethylene glycol are anticipated to hamper the market, especially across the developed economies. The overall market has a huge opportunity to grow with the production of bio-based monoethylene glycol (MEG) and the emerging application of monoethylene glycol in solar panels. In terms of application, the report segments the global monoethylene glycol market into PET, polyester fiber, antifreeze, and others. In 2014, the demand for monoethylene glycol was the highest for application in polyester. However, during the forecast horizon, the application of PET is projected to witness the fastest growth due to the growing usage of PET as packaging materials across the food and beverage industry. Low cost and high durability of PET have contributed significantly towards the growth of the application segment. In fact, PET is expected to be the most attractive segment in the market in the coming years. Get FREE Sample PDF file Of Monoethylene Glycol Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2251 The report studies the global monoethylene glycol market across five key regions: Asia Pacific, Europe, North America, Latin America, and Middle East and Africa. The market is expected to grow significantly in Asia Pacific with increased production of polyester fiber in the region. The report profiles some of the key players in the global monoethylene glycol market such as Royal Dutch Shell plc, Sinopec Zhenhai Refining & Chemical Company, Mitsubishi Chemical Corporation (MCC), Saudi Arabia Basic Industries Corporation (SABIC), Nan Ya Plastics Corporation, Reliance Industries Limited, BASF SE, The Dow Chemical Company, Lotte Chemical Corporation, and LyondellBasell Industries N.V. The report further provides insightful information about the key players including their product portfolio, business strategy, financial overview, and recent development. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. The global chemical indicator inks market has reported impressive growth in recent times. The demand from surgical instrument for chemical indicator inks is registering a continual rise, owing to which this market seems to be thriving. The value of the market was US$30.2 million in 2013, according to U.S.-based market intelligence firm Transparency Market Research.
Browse Market Research Report of Chemical Indicator Inks Market: http://www.transparencymarketresearch.com/chemical-indicator-inks-market.html Let’s take a look at the current and upcoming trends in the global chemical indicator inks market
Analysts at TMR have predicted that the chemical indicator inks market, worldwide, will expand at a CAGR of 8.4% from 2014 to 2020 and reach a value of US$53.1 million by the end of the forecast period, on account of rising awareness pertaining to hospital-acquired infections, demand for effective sterilization monitoring methods, and the entry of cost-efficient Chinese chemical indicators inks in the global market. However, several cases of inaccurate results produced by chemical indicators have been reported, resulting in bad publicity and eventually restricting the market’s growth prospects. Limited shelf life of indicator inks is also a big issue faced by this industry. Tempil, Riken Chemical Co. Ltd., STERIS Corp., Propper Manufacturing Co. Inc., 3M, Terragene SA, Crosstex International Inc., gke GmbH, ETIGAM, North American Science Associates Inc., SteriTec Products Inc., and NiGK Corp. are some of the major participants of the global chemical indicator inks market. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Nitrocellulose is a highly inflammable compound produced by nitrating cellulose by exposure to nitric acid or other powerful nitrating agent. Nitrocellulose when utilized as a low-order explosive or propellant it is known as guncotton. Moreover, if cellulose is not fully nitrated, then it can be used as a plastic film and also in wood coatings and printing inks. The growing demand for nitrocellulose from such a diverse range of applications such as explosives, printing inks, wood coatings and plastic films across the globe is expected to drive the global nitrocellulose market in the next six years.
Nitrocellulose is a chief component of smokeless gunpowder. Moreover, nitrocellulose is used for immobilizing nucleic acids in Northern blots and Southern blots in nuclear biology. Nitrocellulose is also utilized for immobilization of proteins in Western blots, owing to its non-specific affinity for amino acids. Furthermore, nitrocellulose is broadly used as support in diagnostic tests such as U-Albumin tests, pregnancy tests and CRP. Additionally, nitrocellulose, when dissolved in ether or another organic solvents, the solution is called as collodion. This solution is used as a carrier of topical medications and as a wound dressing. The other applications of nitrocellulose include nail polish and hair coloring. Nitrocellulose lacquer and paint are also used in the manufacture of guitars. In addition, nitrocellulose lacquer is used as an aircraft dope for providing protection to the aircraft material. The growing demand for nitrocellulose in all such wide range of applications is expected to drive the global nitrocellulose market in the next few years. Asia Pacific is expected to be the fastest growing market for nitrocellulose in the next few years. The major reason for this is the growing demand for nitrocellulose in developing Asian countries such as India, China, Malaysia, Indonesia and Thailand. Additionally, the increased demand for personal care products from middle class population in developing countries which is growing at an extensive rate is eventually resulting in an increase in the overall customer base. Furthermore, the rapid economic development of these countries and augmented disposable income of the citizens of these countries has led to further escalation of the total customer base in these countries for applications in a wide variety of cosmetics products. There is a massive market potential for cosmetics, paints and coatings and printing inks industries in the countries such as India, China, Indonesia, Thailand and Brazil. Owing to this, the demand for nitrocellulose application products is expected to grow at a notable rate in the next few years. Download FREE Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6215 This will eventually generate a huge demand for nitrocellulose in these emerging nations. The rapidly growing cosmetics, paints and coatings and printing inks industries across the globe, especially in the emergent countries, are anticipated to drive the global nitrocellulose market in the next few years. In addition to this, the developed regions across the U.S. and European countries are progressively recovering from the sluggish economic conditions. Considering this outlook, the demand for nitrocellulose application products is expected to record an outstanding growth in the next few years. The major players operating in the nitrocellulose market are primarily focusing on the developing countries for tapping their vast market potential. These companies are installing huge production facilities in the developing countries to fulfill the quickly rising demand for nitrocellulose. Therefore, the global nitrocellulose market is projected to experience a significant growth in the next six years. About Us Transparency Market Research (TMR) is a 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. Specialty chemicals or effect chemicals or specialties are chemicals that impart some specific effect or value to several products on which they are used. They can be a single chemical formulation or a mixture of multiple ones, which finally impact the performance of the product. They are in great demand across various industry verticals due to their performance-enhancing properties.
The global specialty chemicals market is segmented on the basis of product type and region. The products in the global specialty chemicals market are food additives, adhesives and sealants, agrochemicals, construction chemicals, polymers and plastic additives, electronic chemicals, surfuctants, cleaning chemicals, lubricants and oilfield chemicals, specialty coatings, paper and textile chemicals, and others such as flavors and fragrances, catalyst, feed additives, printing inks, cosmetic chemicals, water management chemicals, and nutraceutical ingredients, amongst others. Geographically, the global specialty chemicals market is segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Agrochemicals Segment to Dominate Global Specialty Chemicals Market The agrochemicals segment held the biggest share in the global specialty market in 2014. However, analysts predict that the construction chemicals segment is likely to witness rapid growth in the near future, due to the growing number of residential and commercial construction projects across the globe. Construction chemicals are used in virtually all types of buildings to improve their structural strength. Over a period of time, specialty chemicals used in construction activities provide protection to the structures from environmental hazards. Furthermore, they also add to the aesthetic and functional value of the structure. Specialty chemicals are also used in making polymers and plastic additives, which are then used for improving agricultural films, electronic components, fibers, automotive interior and exterior parts, coatings, and several other types of plastic items. Electronic chemicals are used in making electronic components and manufacturing equipment. Cleaning chemicals find widespread application in removing dirt, stains, and odor from surfaces to make the surrounding clean and hygienic. Paper chemicals impart properties such as opacity, gloss, brightness, printability, and image quality to paper. Lastly, adhesives and sealants are also a type of specialty chemicals that are used in applications such as flooring, footwear, furniture, construction, packaging, and automotive. Get FREE Sample PDF file of Specialty Chemicals Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2246 Asia Pacific to Lead Global Specialty Chemicals Market Regionally, Asia Pacific held a 45% share in the global specialty chemicals market in 2014. The undisputed leader was closely followed by Europe and North America. From 2015 to 2023, the specialty chemicals market in Asia Pacific market is expected to grow at a remarkable 6% CAGR. This growth will be the result of high demand and consumption of specialty chemicals in emerging economies such as India and China. The important players in the global specialty chemicals market are BASF SE, The Dow Chemical Company, E. I. du Pont de Nemours and Company (DuPont), Bayer AG, INEOS Group AG., Clariant AG, Huntsman Corporation, Ashland Inc., Arkema S.A., Eastman Chemical Company, Chevron Philips Chemical Company, Evonik Industries AG, Akzo Nobel N.V, Syngenta AG, Chemtura Corporation, Albemarle Corporation, and Solvay. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. The global tire cord and tire fabrics market owes its development mainly to the burgeoning automobile industry, especially in Asia Pacific. The revival of the US economy has also had a positive impact on the demand for and sales of personal and commercial vehicles, fueling the demand for steel and polyester tire cords. This in turn, has propelled the global tire cord and tire fabrics market. Registering a modest CAGR of 5.50% from 2014 to 2020, the tire cord and tire fabrics market is anticipated to rise from a value of US$3.4 bn in 2013 to US$5 bn in 2020.
There has been increasing pressure on manufacturers to replace traditional tire cord materials with environmentally-sustainable and bio-based alternatives, which present strong potential for growth. In addition, hybrid tire technology possesses the ability to completely revolutionize the tire cord market. High Rate of Radialization Boosts Demand for Steel Tire Cord The tire cord and tire fabrics market is segmented on the basis of product into polyester, steel, rayon, nylon, and others including fiberglass, aramid cords, and polyethylene naphthalate (PEN). Accounting for a share of 55.0% in 2013, steel tire cords formed the largest product segment of the tire cord and tire fabrics market. The advantageous physical properties of steel cord make it ideal for application in radial tires. Radial tires have been rapidly replacing bias ply tires in most commercial and private vehicles. The high degree of automotive radialization in Europe and North America has spurred the demand for steel cords. Nylon cords, on the other hand, are likely to emerge as the most rapidly developing product segment of the tire cord and tire fabrics market. Increased volume of heavy vehicle production and unfavorable road conditions in Asia Pacific drive the demand for nylon cords. Asia Pacific Dominates Global Tire Cord and Tire Fabrics Market Geographically, the worldwide market for tire cord and tire fabrics is divided into Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW). Asia Pacific has emerged as the leading regional segment, accounting for a market share of more than 45.0% in 2013 in terms of demand. Growing purchasing power of consumers and high GDP in countries such as India, China, Indonesia, and Malaysia has spurred the demand for commercial as well as personal vehicles in Asia Pacific. This in turn, fuels the demand for ancillary automotive products, which has positively impacted the APAC tire cord and tire fabrics market. Get FREE Sample PDF File Of Tire Cord Fabrics Market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1977 North America and Europe are the second and third-largest regional segments of the global tire cord and tire fabrics market. Even though the Rest of the World region presently holds the smallest share of the overall market, growing demand for automobiles in many emerging countries is sure to drive the RoW market for tire cord and tire fabrics in the coming years. Kolon Industries, Inc., Teijin Ltd., Kordsa Global, Inc., SRF Ltd., Firestone Fibers & Textile Company, Milliken & Company Inc., Cordenka GmbH & Co. KG, Hyosung Corporation, Kordarna Plus A.S., and Tokusen U.S.A., Inc. are the some of the notable players competing in the global tire cord and tire fabrics market. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. |
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December 2016
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