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Rotogravure Printing Inks Market Opportunities, Demand and Forecasts, 2022- 2030
September 12, 2022 6:40 - no comments yetCompetitive Analysis
The market is appraised to be stimulated by an increased development upsurge that is bracing the contenders who are active in the market. The competition in the market is estimated to flare-up following the disruption created by the COVID- pandemic. The emphasis on ensuring sustainability in long-term operations is estimated to be a key cause for development in the upcoming period. The trends in the market are estimated to bolster the progress in the worldwide market. The tendency to invest and expand capacities is estimated to create a promising scope for the market in the impending years. The change in several regulations that are running the development of the market is estimated to impact the innovations that can be seen in the global market. The increased contribution of online channels towards the swell in transactions is predicted to further encourage the advancement of the market in the future. The government intervention in the creation of opportunities that can incentivize the development of key regions in the market is predicted to further add an optimistic touch to the proceedings in the market.
The prominent contenders in the rotogravure printing inks market are DIC CORPORATION (Japan), Toyo Ink SC Holdings Co., Ltd. (Japan), Flint Group (Luxembourg), Dainichiseika Color & Chemicals Mfg.Co., Ltd. (Japan), T & K TOKA Corporation (Japan), SAKATA INX CORPORATION (Japan), MHM Holding GmbH (Germany), Tokyo Printing Ink MFG. Co., Ltd. (Japan), Siegwerk Druckfarben AG & Co KGaA (Germany), and Wikoff Color Corporation (U.S.), among others.
Detailed Regional Analysis
The regional investigation of the rotogravure printing machinery consists of Latin America, Europe, Asia Pacific, and North America. The Asia Pacific rotogravure printing inks market controls the major portion of the global market owing to the increasing requirement for rotogravure printing inks in publication, product & promotion, packaging, and others. The packaging segment is projected to add momentum to the market’s growth due to the growing use of inks to add a glossy finish on catalogs, images, which are in incredibly high usage in countries such as Japan, China, and India. Consequently, adding to the development of the APAC region’s position in the forecast period. The North American region is increasing considerably in the rotogravure printing inks market due to the collective need for nitrocellulose and polyamide resins in the packaging sector. In the European region’s market, the packaging application has witnessed outstanding progress. This is credited to the increase in automotive and food & beverage businesses. Additionally, an upsurge in publicity activities to reach out to customer necessities is also estimated to supplement the rotogravure printing inks market. The Latin American region’s rotogravure printing inks market is appraised to witness significant development in the market due to the rising use of rotogravure inks in publication, packaging, and product & promotion segments owing to its non-carcinogenic content and outstanding quality presented by them.
Rotogravure Printing Inks Market-Overview
The development of the printing sector in terms of technology is estimated to spur the rotogravure printing inks market. Reports created by MRFR detail the developments in the industry that can be expected in the market through the forecast period. The market is estimated to be fueled by a growing CAGR in the forecast period.
The need for eco-friendly practices is estimated to create momentum for the expansion of the rotogravure printing inks market share. The increased requirement from the packaging sector is estimated to fuel the development of the rotogravure printing inks market companies.
Segmental Analysis
The segmental study of the Rotogravure Printing Inks Market is conducted on the basis of technology, resin type, region, and application. The technology segment of the rotogravure printing inks market consists of water-based and solvent-based. The resin type segment of the rotogravure printing inks market consists of polyamide, nitrocellulose, acrylic, and polyurethane. The application segment of the rotogravure printing inks market consists of publication, product & promotion, packaging, and others. The regions included in the rotogravure printing inks market consist of Latin America, Europe, Asia Pacific, and North America.
Industry Updates:
Mar 2021 Flint Group Image Transfer Technologies has presented Enviroflex, a set of biodegradable products for cleaning anilox rollers and rotogravure cylinders, flexo presses, and flexo plates, and flexographic printing services. According to Flint, the Enviroflex biodegradable product range has been advanced to produce a safe work setting whilst presenting daily maintenance or weekly/monthly deep washing and also guarantees delivery of the highest possible print quality and optimum Overall Equipment Effectiveness (OEE).
Dec 2020 Lorpon Labels of Canada has amplified its digital label production volume with a novel HP Indigo 6900 Digital Press, progressing agility to bring labels with the fast change to back the upswing in demand for food packaging. The HP Indigo solution can correspond to roto-gravure while bringing the best print register in the industry.
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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Thermal Insulation Coating Market Business Strategies, Sales and Share Estimation Analysis 2028
September 12, 2022 6:28 - no comments yetMarket Research Future (MRFR) report on the global thermal insulation coatings market (2020-2028) studies the COVID-19 analysis on the key points that influence the growth of the market. The study discusses current competitors and global market trends, providing a thorough overview of both growth drivers and constraints, which may have a positive or negative effect on the outlook for the industry during the forecast period.
Thermal Insulation Coating are coatings applied like paint to a substrate. Such coatings are categorized into zirconia (YSZ) stabilized acrylic, epoxy, polyurethane, and yttria. These coatings have characteristics that demonstrate low heat transfer, chemical resistance, inertness when exposed to outdoor environments, and energy savings in industrial applications. Their primary function is to increase the life cycle or longevity of a material or any other substrate. They have applications for end-use industries such as aviation, automotive, oil & gas, and construction.
Key Players
- PPG Industries Inc.(U.S.)
- The Sherwin-Williams Company (U.S.)
- Dow Chemical Company (U.S.)
- Akzo Nobel N.V. (the Netherlands)
- Kansai Paint Co.Ltd. (Japan)
- Jotun (Norway)
- Nippon Paint Holdings Co.Ltd.(Japan)
- Carboline Company (U.S.)
- Mascoat (U.S.)
Market Dynamics
According to the MRFR report, some of the leading market factors and developments found in the global thermal insulation coating market involves rapid urbanization, growing demand for aircraft carriers, and increasing expenditure on research activities. In addition, demand for thermal insulation coating is expected to see substantial growth over the assessment period due to the rapid development of the construction industry. Rising construction activities across the globe are expected to be a significant driver for the thermal insulation coating market during the review period. It is projected that growing production and sales of automotive, along with increasing consumption of interior coatings, will drive the growth of the industry. Additionally, rapid urbanization, coupled with rising disposable incomes in emerging economies, is expected to fuel the market growth during the assessment period from 2017 to 2023. The need for protective coatings on tools, equipment, and end decorative parts in the building and construction industry is a significant demand factor in the market. In addition, the use of thermal insulation coating has expanded in several industrial applications in order to protect equipment and machinery that operate in harsh, high-temperature environments. This, in effect, increases the demand for products in the market.
Nevertheless, the enforcement of strict regulations by various government bodies has limited the use of hazardous organic chemicals used in the production of the thermal insulation coating, which is estimated to impede the growth of the industry.
Segmentation
The global market for thermal insulation coating is categorized based on the type and end-use industry
Based on type, the market for thermal insulation coating market is bifurcated into acrylic, epoxy, polyurethane, yttria stabilized zirconia, and others.
Based on end-use, the market for thermal insulation coating market is bifurcated into aviation, transportation, construction, and other industrial purposes.
Regional Analysis
The global market for thermal insulation coating market consists of five regions: North America, Latin America, the Asia Pacific, Europe and the Middle East & Africa.
Due to the expansion of the aviation industry, North America is projected to rise with the highest CAGR during the review period from 2017 to 2023. The market for thermal insulation coating in petrochemical plants is expected to increase in North American countries, such as the United States, Mexico, and Canada due to a high rate of adoption by petrochemical producers. Moreover, the availability of enormous oil and gas reserves in the region is expected to fuel the growth of the sector.
North America has emerged as a dominant market region for thermal insulation coating, followed by the Asia Pacific and the Middle East and Africa. The North American thermal insulation coating market is estimated to be experiencing substantial growth due to high consumption potential, expanded production capacity, and increasing economic growth. In the North American region, the U.S. is projected to be the major contributor to the regional growth of the thermal insulation coating market. It is expected to see significant demand for thermal insulation coating during the forecast period 2017 to 2023. As of 2016, the U.S. held the largest market share, followed by Canada in terms of value and volume, and is anticipated to grow with a modest CAGR due to the increase in crude oil production.
In Europe, demand for thermal insulation coating is projected to increase in countries like Italy, Germany, Spain, the United Kingdom, France, and Russia, due to increasing expenditure on innovation and rising consumer purchasing power. In addition, the presence of major automotive manufacturers, especially in Germany, is expected to give new momentum to the growth of the market.
Latin American countries such as Argentina, Brazil, and Colombia are expected to see substantial growth due to rising consumer spending on passenger cars, as well as emerging technologies and innovations in thermal insulating coatings.
The Asia Pacific thermal insulation coating market is projected to grow with moderate CAGR due to the development of crude oil processing and the expansion of oil refineries in India and China. Moreover, sustainable growth in the automotive sector in various Asian Pacific economies, such as China, India, Malaysia, Thailand, and Japan, is expected to increase demand for synthetic lubricants, which, in effect, is projected to fuel demand for thermal insulation coating over the forecast period 2020 to 2028.
Geomembranes Market Share Future, Solutions, User Prospects And Forecasts To 2028
September 12, 2022 6:17 - no comments yetMarket Analysis
Geomembranes are amid the fastest growing under the geosynthetics market. The global geomembranes market is anticipated to touch a noteworthy USD of 4.05 billion at a stunning 9.5% CAGR during the forecat period (2021-2028). A geomembrane is a synthetic barrier or membrane liner having low permeability. It is used with materials associated to geotechnical engineering for controlling gas or fluid migration in a system, structure or project. It is generally used where loss of materials is not allowed such as hazardous materials, soil, vapor, wastewater, clean water or other substances which does not require to escape from its designated space. Owing to its alluring features and noteworthy benefits, geomembrane is largely used in an array of industries with the goal of containment. It is used in verticals namely construction, transportation, mining, energy, agriculture and other industrial waste and water management industries. Geomembranes help to line highways, roads, sewers, pipeways, tunnels, dams, landfills, canals, ponds and other applications that need steadfast retention of gases and fluids. Also, it helps in preventing erosion, leakage, water contamination, protection against the sun and is guaranteed to contain whatsoever wastes or liquids one’s application may need.
There are a couple of factors that is driving the growth of the geomembranes market. Some of the market trends and factors in this market as per an analysis conducted by Market Research Future (MRFR) include increased environmental concerns, rigorous environmental regulations, latest developed standards for building codes and commercial structures, inception of innovative technologies, efficient practice of geomembranes application and need to safeguard infrastructure and water bodies. On the flip side, factors such as fluctuating prices in raw materials, fall in demand for waste management and mining applications and high cost of research and development are likely to hamper the growth of the global geomembranes market.
Competitive Analysis
The global geomembranes market is competitive and fragmented. The key players in this market have tried different tactics such as acquisitions, partnerships, joint ventures, agreements, expansions, product launches and others to make their mark and boost their footprints within the market.
Key Players
Leading players profiled in the geomembranes market include Firestone Building Products Company, LLC (US), Colorado Lining International, Inc. (US), NAUE GmbH & Co. KG (Germany), Agru America, Inc. (US), Officine Maccaferri S.p.A (Italy), Plastika Kritis S.A. (Greece), Solmax International, Inc. (Canada), Carlisle SynTec Systems (US), Atarfil SL (Spain), and GSE Environmental, LLC (US).
Jan 2019- Layfield Geosynthetics has disclosed the launch of the VaporFlex Premium geomembrane which has been specially designed for offering gas barrier of an ultra-low permeability in various geo-environmental applications. These include leachate collection ponds, geofoam wrap, landfill capping, odor control covers, brownfield barriers, contaminated soil remediation, containment and gas barriers.
Market Segmentation
Market Research Future report provides a comprehensive segmental analysis of the Geomembranes market Share on the basis of types, technology, applications and end user.
Based on types, it is segmented into PP, EPDM, PVC, LLDPE, HDPE and others. Of these, the HDPE segment is anticipated to have the maximum share in the geomembranes market owing to its suitability in myriad applications.
Based on technology, the geomembranes market is segmented into laminations, cast film, blown film and others.
Based on application, it is segmented into oil and gas, canals, water storage, mining, waste and landfills and others. Of these, the waste management section had the maximum market share with regards to volume due to rising demand for geomembranes especially in the waste management applications mostly landfill liners.
Based on end users, the geomembranes market is segmented into building and construction, petrochemicals, industrial packaging, water management, agriculture, aquaculture and others.
Regional Analysis
Based on region, the geomembranes market covers growth opportunities and latest trends across North America, Europe, APAC, Latin America and Middle East & Africa. Of these, Asia Pacific holds the lion’s share in the geomembranes market owing to its growing demand in different end-user industries such as building and construction, agriculture, water management and aquaculture particularly in China which is followed by India and Japan. Europe occupies the second position followed by North America. The factors that can be accounted for the growth of this market in the North American region include the large applications of geomembranes manufacturers in oil and gas canals, water storage, mining, waste and landfills and others in different industries. The Middle East and Latin America too witnessed a favorable growth in the geomembranes market owing to the different types of geomembranes.
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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Neopentyl Glycol Market Size 2021 Industry Growth Analysis, Segmentation, Future Demand and Outlook To 2028
September 12, 2022 6:10 - no comments yetThe global neopentyl glycol market is segmented by type, application, end-use industries, and region.
Neopentyl glycol is available in various types including flakes, molten, and slurry. The type to be used is determined on the basis of the conditions specified for manufacturing and application. The molten type neopentyl glycol is used in saturated polyesters, unsaturated polyesters, and esters for powder coatings, gel coats, reinforced plastics, and synthetic lubricants respectively. The molten form is leading the market due to its wide consumption for manufacturing powder coatings, which emit less VOC. The slurry or suspension form is 90% neopentyl glycol by weight in water and is transported at a temperature ranging from 50–70ºC. The slurry form allows rapid esterification and high chemical & thermal stability. The neopentyl glycol flake is shipped at below 30ºC to prevent cake formation.
The application segment includes coatings, adhesives & sealants, insulation, plasticizers, fibers, agrochemicals, fuel additives, dyes, emollient, and others. Among these applications, the coatings emerged as the leading segment due to high demand from construction, automotive, aerospace, shipbuilding, and other industries. This can be attributed to the corrosion resistant nature and high thermal stability of neopentyl glycol manufacturers. The demand for neopentyl glycol based adhesives & sealants is increasing due to their durability, stability, moisture & chemical resistance, and heat-resistant properties. Moreover, its usage in automotive insulation and agrochemicals is another factor propelling the product demand.
On the basis of the end-use industries, the market is segmented into paints & coatings, automotive, construction, chemicals, plastics, textiles, pharmaceuticals, cosmetics & personal care, and others. The paints industry is dominating the market owing to its use for applications such as powder coating, can & coil coating. The product is highly consumed for the manufacturing of adhesives & sealants and additives used in construction and automotive, which is expected to drive the market growth further. Also, it is used as a dye in the textile industry, which is likely to augment its demand over the review period. Growing opportunities for the product in pharmaceuticals such as the production of ibuprofen drug for generic diseases are likely to propel the market growth. The increasing penetration of personal care products as skin-conditioner and viscosity increasing agent is projected to augment the market growth over the assessment period.
Regional Analysis
Regionally, the global Neopentyl Glycol Market Size is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific was leading the global neopentyl glycol market in 2020 on account of the high demand for manufacturing paints & coating, which are further used in automotive and construction industries. Moreover, the rising demand for neopentyl glycol in agrochemicals, textiles, and personal care products is expected to spur the market growth during the forecast period 2020-2027.
The high demand for neopentyl glycol as an additive in the powder coatings for resistance and stability led the North American market in 2020.
The European market is projected to witness a moderate growth due to the demand from automotive production in Western Europe.
Competitive Analysis
Some of the manufacturers operating in the global neopentyl glycol market are BASF SE (Germany), Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), LG Chem (South Korea), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), OXEA GmbH (Germany), Perstorp Orgnr (Sweden), Polioli S.p.A. (Italy), Oleon NV (Belgium), and Shandong Dongchen New Technology Co,Ltd. (China).
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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Sodium Chloride Market Size | Research Insights, Leading Players, Current Trends And COVID-19 Impact Analysis
September 12, 2022 5:50 - no comments yetSodium chloride is universally known as common salt and used in excess quantities by various end-use industries. It is generally obtained by evaporation of seawater or brine via vacuum evaporation or solar methods. It is produced in large quantities to serve the demands of wastewater treatment, chemicals, and oil & gas. The global sodium chloride market report by Market Research Future (MRFR) outlines several pertinent factors, drivers, opportunities, and drawbacks for the period between 2020 and 2027 (forecast period).
Regional Analysis
The Middle East & Africa (MEA), North America, Europe, Latin America, and Asia Pacific (APAC) are major regions in the global sodium chloride market.
The APAC region is presumed to dominate the global market during the forecast period owing to growing industries of oil & gas, animal husbandry, medical, and agriculture. Due to the presence of large salt-water bodies, abundance of salt, and consumption of flavoring agents can bolster the sodium chloride market growth. China is one of the biggest producers of NaCl due to applications in chlor-alkali, water softening, and drilling fluids.
Competitive Outlook
The Henrique Lage Salineira do Nordeste, Maldon Crystal Salt Co, ICL Fertilizers, Dow, Cargill, Incorporated, Dominion Salt, Compass Minerals, K+S AKTIENGESELLSCHAFT, Rio Tinto Limited, Tata Chemicals Ltd, Morton Salt, Inc, jinleichem, and Akzo Nobel N.V. are reputed companies currently operating in the global sodium chloride market.
Segmentation Analysis
The global Sodium Chloride Market Size has been segmented on the basis of type, manufacturing process, grade, and application.
Based on type, the global sodium chloride market has been classified into rock salt, solar salt, and others (brine and vacuum). Solar salt is expected to be the biggest segment throughout the forecast period owing to applications in foods & beverages.
By manufacturing process, the global sodium chloride market has been bifurcated into solar evaporation and artificial evaporation. Solar evaporation is projected to be the fastest growing segment during the forecast period owing to its ease in processing due to abundance of electricity gained from renewable energy plants.
On the basis of grade, the global sodium chloride market has been categorized into food grade, pharmaceutical grade, and technical grade. Technical grade was the leading segment in 2018 and will continue its dominance till 2025 due to demand for technical grade sodium chloride in water softening and drilling fluid applications.
Based on application, the global sodium chloride market has been segmented into water conditioning, chemical intermediates, animal feed additive, de-icing, flavoring agents and food preservatives, agriculture, pharmaceutical ingredient, drilling fluids, and others. Chemical intermediates accounted for the largest market share in 2018 and estimated to exhibit a stupendous CAGR during the forecast period due to the utilization of NaCl in chlor-alkali chemicals such as caustic soda.
Market Outlook
The global sodium chloride market size can touch a value of USD 21.3 billion by 2027 while exhibiting a CAGR of 3.4% during the forecast period. Applications in de-icing and production of chlor-alkali products such as chlorine, soda ash, and caustic soda can drive the market demand to new heights. In addition, de-icing of snow in countries with cold climes and low cost of raw materials can drive the market demand.
The application of salt in preservation of pickles and processed meat can further the global sodium chloride market growth. Massive demand for salt in pharmaceutical and animal feed can create massive lucrative opportunities of growth for the market. Easy availability and production of salt in coastal countries will allow producers to shift their strategies to create vertical units and drive up the market volume of sodium chloride cost.
However, high intake of massive amounts of NaCl and production complexities encountered during its storage can prove challenging for the market.
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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