Materials & Chemicals

Nanocoatings Industry is Set to Boom in 2022

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Increased application of nanocoatings in electronics and automobile industries is expected to offer lucrative opportunities for the global nanocoatings market. Asia-Pacific dominated the market in 2015 due to rise in disposable income resulting in the high standard of living.

Nanocoatings Market Report, published by Allied Market Research, projects that the global market was valued at $3,327 million in 2015, and is expected to reach $13,094 million by 2022, growing at a CAGR of 21.0% during the forecast period. The self-cleaning (bionic & photocatalytic) segment was the largest contributor to the global nanocoatings market in 2015. In the same year, North America held the leading position, and is expected to continue its dominance in the future.

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Nanocoatings offer various benefits such as protection from whether conditions, abrasion resistance, and UV resistance, thus fueling their adoption globally. Self-cleaning segment (bionic & photocatalytic) generated the highest revenue in 2015, as these type of nanocoatings possess the ability to clean themselves by undergoing chemical changes. They are made up of nanoparticles that show super-hydrophilic and super-hydrophobic surfaces, which offer them the self-cleaning ability.

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The electronics segment accounted for the highest revenue in 2015, as electronic components need to be protected from environmental conditions that may reduce their efficiency. These nanocoatings are also used in applications such as the automotive, textile, and construction industries, owing to their anticorrosion, anti-microbial, and easy cleaning properties.

Key Findings of the Nanocoatings Market:

• The electronics application occupied the highest share in 2015, and is expected to grow at a CAGR of 21.0%, in terms of value, during the forecast period.
• North America is the leading consumer of nanocoatings, accounting for approximately more than two-fifths share of the global market, followed by Europe.
• Anticorrosion segment is expected to witness the highest CAGR of 36.4% during the forecast period.
• Automotive & construction segment accounted for one-fourth of the global nanocoatings market in 2015.
• U.S. is the leading market in North American, growing at a CAGR 21.4%.

North America accounted for the largest market share in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR of 23.3% during the forecast period. Utilization of nanocoatings for the prevention of infections due to unhealthy surroundings is expected to increase the demand for nanocoatings from the healthcare industry. Steady growth in the automotive and construction industries in China and India is expected to increase the demand for nanocoatings in the Asian market.

The prominent players profiled in this report include Buhler AG, Nanogate AG, Nanophase Technologies Corporation, Bio-Gate AG, Admat Innovations, Surfix BV, Nanomech Inc., EIKOS Inc., CIMA Nanotech, and Duraseal Coatings Company LLC.

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It’s Time For New Vision – Smart Polymers Industry On The Move

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Upsurge in demand for smart polymers in numerous applications (owing to its exclusive environmental responsive property and increasing research activities) are the prime drivers of the market. However, high cost associated with the use of smart polymers is projected to hamper the market growth during the forecast period.

Smart Polymers Market Report, published by Allied Market Research, projects that the global market was valued at $1,250 million in 2015, and is estimated to reach $3,070 million by 2022, growing at a CAGR of 12.6% from 2016 to 2022. In 2015, physical stimuli responsive segment held almost half of the share of the total market.

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Smart polymer is a subject of great interest for institutional and industrial research. Properties of these polymers such as shape, mechanical properties, phase separation, permeability, and electrical properties changes in response to small variation in environmental conditions. These polymers are widely used in biomedical & biotechnology applications such as drug delivery, tissue engineering, and cell culture support. The extensive research and novel qualities of these polymers has shown significant growth in the market, and is expected to provide lucrative opportunity in the near future.

The growth of the global smart polymers market is driven by the rise in need for efficient & economical drug delivery system, innovative use of smart polymers in the automobile industry, and significant reversible phase transition property of smart polymers. Development of smart polymers from renewable feedstock and increase in awareness about smart polymers in future are expected to provide significant growth opportunities to the industry players. However, high R&D cost increases the overall cost of smart polymers, which is anticipated to hamper the market growth during the forecast period.

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Physical stimuli responsive is the leading segment which are sensitive to environmental factors such as temperature, light, electric field, magnetic field, and mechanical stress, which are widely used as safe polymers in drug delivery and biomaterials.

Shape memory polymer type segment generated the highest revenue in 2015, with almost half of the total market share, followed by self-healing polymer segment. Shape memory polymers retain their original shape at the culmination of the environmental stimulus. These polymers are used in wide range of applications such as surgical fixation, telecommunication, clothing, automotive, and robotics.

Biomedical & biotechnology application segment dominated the global market with more than two-fifths of the global smart polymers share in 2015. Smart polymers are used in multiple biomedical applications such as drug delivery, tissue engineering, bio-separation, biocatalyst, and others.

Key Findings of the Smart Polymers Market:

• In 2015, North America dominated the global market with around one-third of the share, in terms of revenue.
• Chemical stimuli responsive segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 12.8% from 2016 to 2022.
• Asia-Pacific is projected to grow at a highest CAGR of 13.4%, in terms of volume.
• Textile application segment is projected to grow at a highest CAGR of 13.0%, in terms of revenue.
• Self-healing type segment shows the highest growth rate, in terms of revenue, registering a CAGR of 12.9%.

In 2015, North America was the leading region, owing to the increase in research activities and growth in technological advancement for biomedical application. Furthermore, Asia-Pacific is projected to show the highest CAGR of 12.8%, followed by Europe at a CAGR of 12.7% from 2016 to 2022.

The major companies profiled in the report include Covestro AG, BASF SE, Saudi Arabia Basic Industries Corporation (SABIC), Akzonobel, Nippon Shokubai, FMC Corporation, Autonomic Materials Inc., Advanced Polymer Materials Inc., Lubrizol Corporation, and Nexgenia Corporation.

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Automotive Lubricants Market Expected to Reach $89,585 Million, Globally, by 2022

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Automotive Lubricants Market, published by Allied Market Research, forecasts that the global market was valued at $64,716 million in 2015, and is projected to reach $89,585 million by 2022, growing at a CAGR of 4.8% from 2016-2022. The engine oil segment held nearly two-thirds share of the global market in 2015.

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Automotive lubricants enhance the overall durability and functioning of a vehicle, and safeguard it from wear & tear, friction, and high temperatures. Increase in preference of consumers towards high-quality synthetic automotive lubricants is a key factor that drives the market growth. Automotive lubricants exemplify the futuristic technologies capable of manufacturing durable surfaces, maximizing the overall efficiency.

Growth in population and rise in income levels present numerous opportunities for market expansion. Moreover, growth of the overall automotive industry globally and rise in demand for high-quality lubricants are further anticipated to boost the overall growth. In addition, rise in consumption of synthetic lubricants, owing to their superior characteristic properties, such as low emission of volatile compounds and relatively thicker layer as compared to traditional mineral oil lubricants, is anticipated to supplement the global market. However, volatile prices of raw materials are anticipated to hinder the overall growth.

Automotive lubricants are expected to register the highest growth in passenger cars, owing to rise in per capita disposable income and growth in consumer preference towards new models with low emissions and high fuel efficiency. Furthermore, rapid urbanization and upsurge in personal mobility needs are expected to boost the market growth. Automotive lubricants possess advantages such as higher reliability, longer equipment life cycle, and cost reduction.

The engine oil application segment accounted around two-thirds share, in terms of volume, in 2015. In response to the perennial modifications in the automotive industry, efficient lubricants are in demand globally. Thus, increase in requirement of high-tech automotive lubricants and rise in adoption of new vehicles fuel the demand for automotive lubricants globally.

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Key findings of the Automotive Lubricants Market

• The synthetic lubricants segment is anticipated to grow at the highest CAGR during the analysis period.
• Asia-Pacific is projected to maintain its lead position from 2016 to 2022, growing at a CAGR of 3.6%, in terms of volume.
• The passenger cars segment occupied around half of the total market in 2015.
• India occupied around one-fourth share of the Asia-Pacific market in 2015.
• In terms of value, Germany is expected to grow at a significant CAGR of 4.7%.
In 2015, Asia-Pacific and LAMEA collectively accounted for nearly two-thirds of the global market, in terms of volume, and are expected to continue this trend, owing to increase in urbanization, specifically in China, India, Brazil, and other developing countries. Moreover, rise in urban population with increased per capita disposable income and growth in overall consumer spending drive growth of the Asia-Pacific market.

The major companies profiled in the report include Royal Dutch Shell Plc., Exxon Mobil Corporation, Total S.A., BP Plc., Chevron Corporation, PetroChina Company Limited, Valvoline, BASF SE, Indian Oil Corporation Ltd., and FUCHS Lubricants.

Floor Coatings Market is Expected to Reach $2,612 Million, Globally, by 2022

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Floor coatings market report, published by Allied Market Research, forecasts that the global market is expected to garner $2,612 million by 2022, registering a CAGR of 6.6% during the period 2016-2022. Epoxy-based floor coatings segment is anticipated to remain the highest revenue contributor among other binder types. In the year 2015, Asia-Pacific held the leading position in the global market, and is expected to maintain this trend.

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Floor coatings are gaining increased importance in residential, commercial, and industrial sector, as floors are an essential part of a construction that undergo damages such as spillage; abrasion; and exposure to dust, chemicals, heavy load, and UV light. Further, the prevention provided by the floor coatings promotes their usage at a global platform. Major manufacturers focus on advancement in the technology and development of products that are eco-friendly. Epoxy floor coating is a major binder type used in the global floor coatings market across all the major industries. Rise in awareness related to the benefits provided by the floor coatings in industrial, commercial, and residential spaces, and development of floor coatings in compliance to the environment are the factors that drive the growth of the market.

floor coatings

The global epoxy floor coatings market estimated to reach $1,008 million by 2022, growing at a CAGR of 7.0% from 2016 to 2022. This market is projected to grow at a CAGR of 7.3%, in terms of volume.

The use of metallic epoxies for garage and other commercial floor spaces is the latest trend in the commercial floor coatings market, as they provide high-gloss, metallic finish, which enhances the look of the floor. Moreover, these floor coatings possess properties such as prolonged durability, abrasion resistance, and easy maintenance, giving a finished appearance to the indoor spaces, which further facilitate their adoption globally. Such innovation and product development create a paradigm shift in the market from use of traditional floor coatings toward new advanced floor coating solutions.

Rapid urbanization in the emerging economies, such as India, China, Brazil, and others, has led to upsurge in civil construction activities, which is a key driving factor that promotes the usage of floor coatings in the residential, commercial, and industrial. Moreover, increase in commercial and residential construction activities in the emerging economies, such as India and China, is expected to fuel the market growth in Asia-Pacific.

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Key Findings of the Floor Coatings Market

• Epoxy segment occupied the highest share in 2015, and is expected to grow at a high CAGR of 7.0%, in terms of value, during the forecast period.
• Residential sector is the leading end user segment for floor coatings in Asia-Pacific, followed by industrial and commercial.
• 2K-component segment is expected to grow at the highest CAGR of 6.8%, in terms of value.
• Wood floor coatings is the leading market for floor coatings in the European region, growing at a CAGR of 6.7%, in terms of value.

Asia-Pacific accounted for the largest share in the global floor coatings market in 2015, and is expected to maintain its leading position, owing to increase in building & construction and automotive manufacturing industries, and improvement in economy. China is projected to grow at the fastest rate, and is projected to remain dominant throughout the forecast period.

The prominent players profiled in this report include BASF SE, Akzo Nobel NV, Tambour, The Dow Chemical Company, The Arkema Group, The Sherwin Williams Company Inc., Maris Polymers, Nora Systems Inc., Asian Paints PPG Pvt. Ltd., and RPM Internationals Inc.

 

Surfactants Market Global Opportunity Analysis and Industry Forecast, 2014 – 2022

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Allied Market Research added new research report on “Surfactants Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

The surfactants industry is growing rapidly in the developing regions and frequent acquisition is the most adopted strategy by the global players to broaden the horizons in the developing region such as Asia-Pacific. Collaborations between the companies are majorly focused on increasing the surfactants production. Furthermore, top market players in the global surfactants market also adopt strategies such as agreements, certifications, contracts, expansions, investments, joint ventures, partnerships, product launches, and innovation. The prominent players profiled in this report includes BASF SE, AkzoNobel N.V., Kao Corporation, Stephan Company, Rhodia S.A., Clariant AG, Evonik Industries AG, Huntsman Corporation (Huntsman International LLC), P&G Chemicals, and Lion Corporation.

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Surfactants are organic compounds with presence of both hydrophobic and hydrophilic group. The wetting and penetration effect, emulsification, dispersion, foaming, detergency, conditioning, and substantivety are some of the important properties of surfactants. The key drivers responsible for growth of the surfactants market include growing end user industries and improving lifestyles in developing economies. Easy availability, low price, and broadened application areas are few other factors fuelling the demand for surfactants globally. Surfactants were mainly used in the detergent and soap industries; however, this trend is changing, and they are currently used in several other industries such as fabric industry uses this as a softener, paper industry to de-ink the recycled paper, agrochemical industry to manufacture herbicides and insecticides, the cosmetic industry in shampoo, hair conditioners and toothpastes, as firefighting agent, in the oil industry, and others.

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Thus, broadened applications in variety of industry segments has increased the overall surfactants demand. However, factors such as volatility in raw material prices, increasing inclination towards green products, and governmental pressure for implementation of eco-friendly chemical processes is expected to hinder the market growth.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Specialty Chemicals Market Size is Set to Grow at a Remarkable Pace in the Coming Years

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Specialty Chemicals

Summary: “Specialty Chemicals Market” the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

The prominent players profiled in this report include BASF SE, The Dow Chemical Co., Bayer AG, AkzoNobel N.V., Huntsman Corporation, Chemtura Corporation, Rhodia S.A., Clariant AG, Evonik Industries AG, and Novozymes A/S.

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Specialty chemicals are manufactured on the basis of their performance or function, rather than their chemical composition. Constant focus on research & development activities has led to the development of advanced specialty chemicals; thereby, driving the market growth. Moreover, heavy investment in construction & infrastructure projects and changing lifestyle of consumers boost the consumption of specialty chemicals, such as construction chemicals and food additives, in the emerging economies. However, fluctuating cost of raw materials and stringent government regulations are expected to restrain the market growth.

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There are numerous specialty chemicals used in several end-user industries, globally; however, specialty chemicals included in this report are food additives, cosmetic chemicals, water treatment chemicals, paper & pulp chemicals, textile chemicals, construction chemicals, and oil field chemicals.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Smart Strategies of the Research and Development Process – Graphene Market

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Graphene

Allied Market Research adds “Graphene Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Global Graphene Market is expected to garner $151.4 million by 2021, supported by a CAGR of 47.7%.  Graphene is a single, tightly packed layer of carbon atoms in the form of a hexagonal honeycomb lattice and a combination of graphite and suffix -ene, It has one layer of carbon, which is just an atom thick. Furthermore, it exhibits remarkable electrical conductivity and heat resistance.

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Based on type, the global market is segmented into monolayer & bi-layer graphene, few-layer graphene, graphene oxide and graphene nanoplatelets. In 2015, graphene nanoplatelets (GNP) segment accounted for about two-thirds of the overall market revenue. The demand for GNP is primarily attributed to its low price and wide application areas. Monolayer & bilayer graphene and few-layer graphene contributed about one third of the market share in 2015, and is expected to grow at the highest CAGR during the forecast period.

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Some of the leading manufacturers profiled in this  study include Graphenea, XG Sciences, Vorbrck Materials, Haydale Limited, Graphene Laboratories, CVD Equipment Corporation, Graphene Nanochem PLC, Bluestone Global Tech, Angstron Material, Inc., and ACS Material, LLC.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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