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Intumescent Coatings Market Application 2022 Global Development Strategy, Explosive Factors of Revenue by Key Vendors Demand, Future Trends
March 4, 2022 6:43 - no comments yetMarket Forecast
The global Intumescent Coatings Market size was valued at around USD 935 million in 2019 and is expected to register a CAGR of over 4% from 2020 to 2030.
Intumescent coatings are layers of protective substance that work by chemical reaction generated by heat, resulting in swelling and formation of an insulating layer on the surface, with or without the release of water. They act as a protective barrier for substrates against fire to provide rescue and evacuation time in the event of a fire.
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Regulatory Framework
The US regulation NFPA 251 standards specify tests to check fire resistance of the oil & gas and construction industry materials to provide fire safety. There are various other regulations in Europe for intumescent coatings.
COVID 19 Analysis
The intumescent coatings market size has been impacted adversely due to the outbreak of coronavirus disease and hence, the losses and unavailability of resources and skilled labor are further, worsening the market’s condition during the forecast period that will be ending in 2028. The arrival of the pandemic has caused a major degree of havoc and disruption that might hamper the growth and expansion goals of the market set for the period. The global governments had a tough time in understanding a reliable way in tackling the outbreak but the rising cases and less knowledge about the disease and precautionary measures will help the market come across a better position in the global market premises. The pandemic has been a major cause of trouble and hence, there was a need to impose lockdown and functional restrictions that had added to the misery. Due to the lockdown, there was an absence of resources, raw materials, and skilled labor that might hamper the skills of the market.
Segmentation
By Technology
This segment is classified into water-based, solvent-based, and epoxy-based.
The water-based intumescent coatings emerged as the fastest growing and leading segment on account of benefits such as low cost and low VOC contents.
Solvent-based coatings are made up of liquefying agents that evaporate via a chemical reaction with oxygen. These coatings have one significant advantage over water-based coatings, which is less susceptibility to environmental conditions such as temperature and humidity during the curing phase.
Epoxy intumescent coatings are widely used for fire protection and offer versatility, durability, attractiveness, low thickness, and lightweight dress. These coatings are used extensively in the petrochemical, offshore and marine markets.
By Application
This segment is bifurcated into hydrocarbon and cellulosic.
Hydrocarbon intumescent coatings reduce the fire risk caused by oil & gas leaks because of their high thermal stability and chemical resistance. These coatings form an insulating char in the event of a fire breakout and protect the steel framework from getting too hot, which reduces the spread of fire.
Cellulosic intumescent coatings are used in the construction industry to protect the uncovered steel structures and facilitate escaping at the time of fire accidents by providing heat-resistant layers.
By End-Use
This segment is classified into building & construction, oil & gas, automotive & transportation, aerospace, and others.
There is an increasing demand for flame retardants in the building and construction industry due to rapid industrialization and urbanization across the globe. Emerging countries such as China, India, Thailand, Brazil, etc. invest high amounts in infrastructural development to promote intumescent coatings.
Expanding oil & gas exploration projects in line with the rising demand for energy boosts up the demand for intumescent coatings globally.
In automotive & transportation, intumescent coatings are applied under the hood and car bottoms. There is an increased production and sales of automobiles owing to improved economic conditions of the consumers.
They are used on various components in the aircraft industry, including aviation fuel pumps, hydraulic landing gear parts, interior cabin parts, and engine nacelles.
The others segment includes mining, electrical & electronics, etc.
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By Region
North America: Market growth is driven by the presence of a large industrial base in the region. Expanding end-use industries, especially aerospace & defense, building & construction, and the energy sector is the key factor driving the market growth.
Europe: European region is a well-established market. Increasing demand for intumescent coatings across major end-use industries is expected to propel market growth. The expanding aerospace and automotive industry in the region is the key factor driving the demand for intumescent coatings in the region.
Asia-Pacific: This emerged as the fastest-growing region due to the fast-paced industrialization and urbanization in India, Thailand, and South Korea.
Latin America: Rapid industrialization in countries such as Brazil and Mexico is projected to drive market growth during the assessment period.
Middle East & Africa: The presence of large-scale oil reservoirs and infrastructural hubs in the region promote the demand for intumescent coatings in the global market.
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Competitive Landscape
The prominent players of the market are as follows:
- Hempel
- Kansai Paint
- Promat Internationa
- Teknos Group
- 3M
- Carboline
- Nullifire
- Sika AG
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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Hybrid Composites Market Analysis Research 2022 – Market Size Price, Future and Scope Forecast to 2030
March 4, 2022 6:31 - no comments yetMarket Overview:
The global hybrid composites market has been segmented by fiber type, resin type, end-use industry, and region.
By fiber type, the global hybrid composites market has been segmented into carbon/glass, carbon/aramid, metal/plastic, wood/plastic, HMPP/carbon, UHMWPE/carbon, and others. Although carbon-aramid reinforced epoxy offers high strength and impact resistance, the glass-carbon reinforced epoxy is leading the market owing to its low cost and is extensively used in high-end vehicles.
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On the basis of the resin type, the market is segmented into thermoplastic and thermosetting. The thermoplastic resin type was dominating the market in 2017 on account of its ease of recyclability, low curing time, high strength, and increased rigidity.
Based on end-use industry, the market has been segmented into aerospace & defense, building & construction, automotive & transportation, wind energy, marine, and others. Rapid industrialization and the increasing commercial and residential building and construction activities across the globe is expected to increase the demand for hybrid composites during the forecast period. Furthermore, the demand for lightweight automobile and aircraft dur to pertaining regulations for environment protection is driving the market.
Regional Analysis
The hybrid composites market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global hybrid composites market in 2017 on account of the high demand from major end-use industries such as automotive and construction in the region.
The North American market is expected to witness significant growth due to the demand from the aerospace, construction, and automotive industries.
The market in Europe is expected to drive product demand due to the high production and trading of automotive parts in countries such as Germany, UK, France, and Italy.
Competitive Analysis
Some of the manufacturers operating in the global hybrid composites market are
- Royal DSM (the Netherlands),
- SGL Group – The Carbon Company (Germany),
- Gurit (Switzerland),
- Hexcel Corporation (US),
- TEIJIN LIMITED (Japan),
- Exel Group World Wide (Finland),
- Solvay (Belgium), PlastiComp, Inc. (US),
- Innegra Technologies, LLC (US),
- Quantum Composites (US).
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End-Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
Continue...
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Intended Audience
- Hybrid composites manufacturers
- Traders and distributors of Hybrid COMPOSITES
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact
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New York, New York 10013
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Silicone Coating Market Type | 2022: Production and Overview, Sales Revenue Forecast to 2030
March 4, 2022 6:21 - no comments yetMarket Scope
Market Research Future (MRFR) studied the global silicone coating market 2021 for the analysis period till 2023. As per MRFR study, the global silicone coating market is expected to surge at about 6.6% CAGR over the forecast period. By 2023, the silicon coating market value is expected to touch a considerable revenue.
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Key Players of Silicon Coating Market
Evonik Industries AG (Germany), BASF SE (Germany), Dampney Company (USA), Momentive (US), Henry Company (US), Dow (US), Wacker Chemie AG, (US), American WeatherStar TRUE WATERPROOFING POWER (US), CHT UK Bridgwater Ltd (UK), THE GRIFF NETWORK, Shin-Etsu Chemical Co., Ltd (Japan), KM COATINGS (US), and Karnak (US) are some well-established companies in the global silicon coating market that are enlisted by MRFR in the report.
Segmentation Assessment of Silicone Coating Market
The global Silicone Coating Market segment analysis is based on the type and end-use industry. The type-based segments of the silicon coating market are silicone additives, 100% silicone, silicone polymers, and silicone water repellents. The technology-based segments of the silicon coating market are solvent-based, water-based, solvent-less, and powder-based. The end-use industry-based segments of the silicon coating market are construction, automotive & transportation, electronics, paper & film, consumer goods, and marine among others.
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Regional Analysis of Silicone Coating Market
The global silicone coating market is assessed across the span of five major regions; North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa.
In the North America region, the silicon coating market is likely to acquire the largest market share by end of the evaluation period. The increasing demand for silicone coating in high-end user industries, such as; electronics, construction, medical devices, and automotive, is anticipated to register a considerable growth pace over the forecast period. Further, the increase in commercial and residential construction activities in the US that offer lucrative opportunities for silicone coatings solutions in roofing applications can support the market growth.
In Asia Pacific region, the silicon coating market can witness the expansion of the market in terms of volume and value. China is anticipated to grow with a decent CAGR in the analysis period owing to increasing silicone coatings applications across textile industries. The increase in demand for consumer goods can add to the rise of APAC silicon coating market. Also, with the expansion of electronic industry and the use of silicone coatings on printed circuit boards can augment the market rise in the region. In addition, macroeconomic trends, such as; increment in disposable income, surge in spending power of consumer, and high adoption rate of advanced technological devices, are creating lucrative prospects for silicone coating producers in APAC, thus can prompt the market upsurge.
TABLE OF CONTENTS
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics Of The Global Silicone Coatings Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
Continue...
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Drivers and Restrains Impacting Silicone Coating Market
Advancements of silicone-based technologies (SBT) and the availability of silicon products in several forms, such as; silicone-based oils, resins rubbers, and coatings among others are some factors that can support the market growth in the years to come. The growing awarness about effectiveness of silicon-based coatings has widened the scope for high-performance applications in the coatings industry. Weathering resistance and high thermal stability are some features of silicone coatings that make them widely applied in the electronics industry. Silicone coatings provide corrosion resistance to different electrical assemblies used in harsh environment and are required to protect electronics from dust and electrical shorts. The increasing demand for silicone coatings in the expanding electronics industry can drive the market in forecast period.
In addition, silicone coatings are also finding applications in different end-use industries, such as; healthcare, construction, automotive, and transportation sector, on account of their high performance and reliability. Thus, is expected to promote the silicone coating market. The growing utility of silicone-based coatings in the booming marine industry to prevent fouling in naval vessels. Thus, the surging demand for high-performance silicon coatings in the shipbuilding industry is likely to generate lucrative opportunities in the forecast tenure. Further, the excellent gloss retention properties, and enhanced smoothing and leveling properties of silicon coating, make them widely used in the textile industry, which, in turn, can add value to the worldwide market of silicon coating market. Some top trends that re identified in the global silicon coating market are new product developments used in the construction applications, such as; roof coatings, can support the market upsurge. On the contrary, amidst several advantages of silicone coatings, the high cost of silicone coatings can hinder the rise of the market.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
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Road Marking Materials Market Growth Research Report by Connectivity Technology And Global Forecast to 2030
March 4, 2022 6:06 - no comments yetOverview:
Road Marking Materials Market is estimated to touch a valuation of USD 5.46 Billion by 2023, as per the latest report by MRFR, and expanding at 5.77% CAGR over the forecast period (2018-2023). Increased spending on road infrastructure is the primary driver of the market.
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The market is expected to be assisted with increased spending on developing roads. Investments in road infrastructure development which can provide economic and social benefits to cities. Benefits of fostering goodwill between communities by building roads and promoting trade is likely to provide opportunities for the road marking materials market. This is exemplified with countries in Asia Pacific allotting high budgets for improving their roads in order to boost tourism.
Construction of new roadway projects can fuel the demand rate in the road marking materials market till 2023. This is best exemplified by the construction of the ambitious One Belt, One Road (OBOR) initiative by China which will connect borders with multiple countries and encourage international trade.
But the utilization of solvent based marking paints which emit toxic fumes can pose a challenge to the market.
Regional Analysis:
Region-wise, the Road Marking Materials Market is segmented into Europe, North America, Asia Pacific (APAC), South America, and the Middle East & Africa (MEA).
Among them, APAC dominated the market in 2017 with more than 38% share. The segment can grow at 6.69% CAGR over the assessment period to reach a value of USD 3,085.8 million by 2023. This can be attributed to continuous development of roads and highways to support the economy.
Competitive Analysis:
Notable player names in the road marking materials market are Asian Paints Ltd. (India), Reda National Co. (Saudi Arabia), PPG Industries Inc. (U.S.), TATU Traffic Group (China), Nippon Paint Holdings Co. Ltd. (Japan), Helios Group (Slovenia), SealMaster (U.S.), Geveko Markings (Sweden), LANINO (South Africa), Zhejiang Brother Guidepost Paint Co. Ltd. (China), Ennis Flint Inc. (U.S.), 3M (U.S.), Hempel (The Netherlands), Sherwin-Williams (U.S.), and Swarco AG (Austria).
Expansion strategies seem to be the primary focus of these players. Players already have an impressive product portfolio and can gain clients through their services. Enhancing their production capacity can assist these players in sustaining their position in the market. For instance, Swarco AG acquired a majority stake in Bergauer Holding in 2018. The latter specializes in traffic management and developing traffic control system.
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1 Executive Summary
2 Market Introduction
2.1 Definition 17
2.2 Scope Of The Study 17
2.3 List Of Assumptions 18
2.4 Market Structure 18
3 Research Methodology
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 23
3.5 Forecast Model 24
Continue...
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Segmentation Analysis:
The road marking materials market is segmented by type and application.
By type, the thermoplastic paint markings segment accounted for 32.3% market share in 2017. The segment can expand to a value of USD 1,806.9 million by 2023. The explosive growth can be attributed to eco-friendly nature and superior durability of thermoplastic paint markings.
By application, roads & streets accounted for 55.3% share in 2017 owing to the use of markings for displaying signs and warning lines to prevent collisions and accidents. The segment is predicted to exhibit 6.09% CAGR over the forecast period to touch a value of USD 3,085.8 million by 2023.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email:sales@marketresearchfuture.com
Polyolefin Powders Industry Outlook Opportunities, Top Key Manufacturers and Supply Demand 2030
March 4, 2022 5:58 - no comments yetMarket Overview
The global polyolefin powders market has been segmented by type, application, end-use industry, and region.
By type, the global Polyolefin Powders Market has been segmented into polypropylene (PP), polyethylene (PE), and ethylene-vinyl acetate (EVA). The PE segment is expected to lead the market due to the extensive use of PE powder in rotomolding as it offers high flexibility, excellent wrap resistance, consistent shrinkage, and cost-effectiveness. Additionally, it does not require stabilization additives to be thermally stable and can be molded using high temperature, high-speed rotational molding equipment without excessive oxidation. PP powders have polymers, pigments, fillers, and reinforcing agents added to them, which has led to their widespread use to produce additive masterbatches, mineral-filled masterbatches and compounds, elastomer-modified compounds, glass fiber, and woodstock-reinforced compounds.
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Based on application, the market has been segmented into rotomolding, masterbatches, SMC, BMC, dusting agents, sintering agents, binding agents, carpet applications, and others. Rotomolding is used to manufacture tanks and containers, toys, leisure products, industrial products such as recycling units, blower housing, and water filtration systems, transportation products such as diesel fuel tanks, tractor dashboards, wheel arches, instrument panels, and ducting, medical products such as stretchers, casing for medical specimens and samples, facial oxygen masks, and paramedic cases, and marine industry products such as ideal floats, buoys, dock floats, and pool liners, as well as recreational watercraft such as pontoons and kayaks.
The market has been segmented, by end-use industry, into electronics, food packaging, construction, automotive, textiles, medical, and others. The automotive is expected to be dominant due to the extensive use of polymeric compounds in the manufacturing of automobiles. The demand for lightweight and fuel-efficient automobiles to meet stringent regulations for volatile organic compound (VOC) emissions has resulted in an increased use of plastic materials in automobiles. The construction segment is expected to account for the second-largest market share due to rapid industrialization across the globe.
Competitive Analysis
Some of the manufacturers operating in the global polyolefin powders market are LyondellBasell Industries Holdings BV (Netherlands), Exxon Mobil Corporation (US), INEOS (UK), Merck KGaA (Germany), SABIC (Saudi Arabia), Borealis AG (Austria), Eastman Chemical Company (US), Axalta Coating Systems (US), Wacker Chemie AG (Germany), Mitsui Chemicals, Inc. (Japan), Asahi Kasei Corporation (Japan), and Sumitomo Seika Chemicals Co., Ltd (Japan).
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
Continue...
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Regional Analysis
The polyolefin powders market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global polyolefin powders market in 2017 on account of the high demand in major end-use industries such as automotive, construction, and electronics in the region.
The North American market is expected to witness significant growth due to the demand from the food packaging, construction, automotive, and aerospace industries.
The high production and trading of automotive parts in Western European countries such as Germany, the UK, Italy, and France are expected to drive product demand during the forecast period.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email:sales@marketresearchfuture.com
