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Fiber-Reinforced Plastic Grating Market Size | Competitive Landscape and Forecast to 2027
April 8, 2022 6:15 - Pas de commentaireRegulatory Analysis
The stringent regulations set by government bodies for the disposal of conventional grating materials is compelling manufacturers to adopt polymeric composite grating materials, which is expected to boost the market growth during the forecast. Aluminum waste or aluminum production waste can be considered hazardous according to the Environmental Protection Agency (EPA) standards EPA 40 CFR Sec. 261.23, for ‘it reacts violently with water’; EPA 40 CFR Sec. 261.21; European Standards –EN ISO 14129, for ’determination of the in-plane shear stress/shear strain response’; The International Organization for Standardization – ISO 22088, for ‘determination of resistance to environmental stress cracking’.
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Key Players
- Strongwell Corporation (US) — DURAGRATE
- Gebrüder Meiser GmbH (Germany) — I-Bar
- Bedford Reinforced Plastics (US) — PROgrate
- AGC Matex Co. Ltd. (Japan) — GS type grating
- Euro grade Fiberglass Grating (Italy) — EUROGRATE
- Ferrotech International FZE (UAE)
- LOCKERGROUP — Vinyl Ester ‘V’ Yellow Fibreglass Grating
- Fibergrate Composite Structures Inc. (US) — Safe-T-Span
- Techno Composites Domine GmbH (UK)
- Exel Composites (Finland)
- AMROCK (US)
- AIMS INTERNATIONAL (US)
Market Synopsis
According to MRFR analysis, the Fiber-Reinforced Plastic (FRP) Grating Market Size was valued at around USD 505.32 Million in 2018 and is expected to reach over USD 688.59 Million by the end of 2027 at a CAGR of 4.52%.
Fiber-reinforced plastic (FRP) is a composite material produced by combining fiberglass and a matrix of resin. These FRP gratings are more durable from the conventional reinforcement grating materials such as steel and aluminum owing to their resistance to electrochemical corrosion. The key factors boosting the growth of the global fiber-reinforced plastic (FRP) grating market are the increasing investment in the infrastructure sector and rising demand for FRP gratings across various end-use industries.
SEGMENTATION
By Product Type
- Molded Fiberglass Grating: Molded fiberglass grating is manufactured by placing the heated mold in an upside-down waffle iron. Usually, this mold consists of 65% fiberglass and 35% resin, owing to which the molded fiberglass grating receives its chief property, which is high corrosion resistance.
- Pultruded Fiberglass Grating: Pultruded fiberglass gratings are 65% glass and 35% resin, which provide the grating its primary property that is high strength to weight ratio. Moreover, these gratings have a superior advantage over the molded fiberglass as they can be customized to fit a wide range of profiles. These factors are expected to fuel their demand during the forecast period.
By End-Use Industry
- Building and Construction: It is projected to be the largest segment owing to the high consumption of FRP gratings in applications such as sunscreens, rooftop solar panel walkways, fencings, and railings. The properties such as corrosion resistance, high strength-to-weight ratio, structural stability, and ease of installation have increased their demand in building and construction activities. The increasing building & construction activities in emerging economies is another factor favoring the growth of the global FRP gratings market.
- Wastewater Treatment: The growth of the segment is due to the consumption of FRP grating in building tanks & equipment access platforms, decking, and in equipment that are exposed to potentially corrosive environments.
- Chemical: Corrosion in chemical processing facilities negatively impact the bottom-line growth of the industry. FRP gratings are used throughout chemical facilities as they are corrosion resistant, slip-resistant, and require low maintenance. They find applications in stair treads, stairways, and crossover systems.
- Food & Beverage: The growth of the segment is due to the use of these gratings in work platforms, trench gratings, walkways, accessways, screening, conveyor systems, and pit covers.
- Oil & Gas: The increasing demand for lightweight and corrosion-resistant gratings in offshore platforms, floating facilities, land-based and offshore drilling rigs, and marine terminals is expected to be the major factor driving the growth of the segment.
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By Region
- North America: The regional market growth is driven by the high demand for FRP gratings in wastewater treatment and building & construction industries.
- Europe: Significant consumption of FRP gratings in the food & beverage and chemical industries for applications such as stair treads and work platforms is expected to fuel the regional market growth.
- Asia-Pacific: Most opportunistic market owing to rapid industrialization.
- Latin America: It is expected to witness positive growth owing to increasing construction activities, which is fueling the demand for FRP grating in Latin America.
- Middle East & Africa: The growing infrastructure sector and surging oil and gas industry is expected to fuel the regional market growth.
By Material Type
- Vinyl Ester Resin: It held the largest market share in 2018. The growth is due to the excellent chemical resistance offered by these resins owing to which they are in high demand in multiple end-use industries, where the grating is subject to be in direct contact with harsh chemicals such as acids and caustics. It is primarily used in chemical processing, oil & gas, wastewater, and mining.
- Polyester Resin: Although polyester resin offers an intermediate level of chemical resistance as compared to vinyl ester resin, they are material of choice for gratings subjected to spill and splash in harsh chemical environments. They are economical and reduce the cost of grating as compared to vinyl ester resin.
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Fatty Alcohol Alkoxylates Market Size | 2020: Production and Overview, Sales Revenue Forecast to 2030
April 8, 2022 6:00 - Pas de commentaireMarket Overview
Fatty alcohol alkoxylates can be defined as a class of non-ionic surfactants, which is biodegradable and exhibits minimum toxicity compared to its counterparts. The product is generally produced by the alkoxylation of fatty alcohols with the addition of propylene oxide and ethylene oxide. It has a wide range of applications like emulsifiers, wetting agents, and dispersion applications and is consumed across industries such as industrial and institutional cleaning, household cleaning, textile, detergent intermediates, and personal care. The global fatty alcohol alkoxylates market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 5.0%, surpassing a valuation of USD 787.8 million during the forecast period (2020-2030).
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The increased need for non-toxic and biodegradable surfactants from prominent end users of fatty alcohol alkoxylates like I&I cleaning and household cleaning is considered one of the top factors contributing to the market growth across the globe. The increased penetration of the I&I cleaning industry in the developing markets and significant boom in the personal care industry are considered some of the growth prospects of the fatty alcohol alkoxylates market. Trends such as the migration and expansion of cosmetic manufacturers in developing markets will create growth opportunities for the market across the globe.
Consumer preferences both in terms of cleanliness and personal hygiene have resulted in an increased demand for sustainable surfactants with advanced formulations. Moreover, the industry players are constantly involved in building strategic partnerships with local manufacturers and distributors in order to reduce the gap between the suppliers and customers of fatty alcohol alkoxylates. Such factors are estimated to elevate the market growth globally. Also, advancing technology will result in several growth opportunities in the market in the forecast period. A sharp drop in the raw materials and feedstock prices has further imparted additional profit margin, thereby augmenting the production of fatty alcohol alkoxylates globally.
Global Fatty Alcohol Alkoxylates Market: Segmental Analysis
The Fatty alcohol alkoxylates market Size has been segmented on the basis of type and application.
As per the report, the types of fatty alcohol alkoxylates mentioned include petroleum-based FAA and oleo chemical-based FAA.
By application, the market caters to detergent intermediates, household cleaning, textile, I&I cleaning, and personal care.
Regional Frontiers
Geographically, the fatty alcohol alkoxylates market spans across the Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Considering the global scenario, the Asia Pacific region is estimated to dominate the market and register a CAGR of 6.0% by the end of 2023. The region is home to several manufacturers hailing from China. Also, the surging penetration of end use industries is estimated to bring lucrative results for the market. The rapid urbanization & industrialization and ongoing infrastructural expansion in the emerging markets will result in increased demand for household cleaning products, which is further estimated to promote the regional market’s growth. Moreover, China acquires the largest share, with countries like South Korea and Japan following suit in terms of revenue collection.
North America bags the second spot globally, in terms of value and volume, mainly due to the strict mandates about the biodegradability and toxicity of non-ionic surfactants. The surging penetration of front-load machines and automatic dishwashers in the households have further contributed to the market growth in the region. Moreover, the prevalence of auto wash centers and laundromat services will result in the expansion of the market in the foreseeable future.
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The prominent market players of the global Fatty Alcohol Alkoxylates Market are
- BASF SE,
- Croda International Plc,
- KLK OLEO,
- SASOL and Stepan Company,
- Huntsman Corporation,
- Clariant International AG,
- Procter and Gamble Chemicals,
- Gujchem, HELM AG,
- Ineos,
Defoaming Coating Additives Market Size Business Strategies and Forecast to 2027
April 8, 2022 5:52 - Pas de commentaireDefoaming coating additives are chemicals which can prevent the formation of soap bubbles. It is also known as defoamers. Foams formed during production and processing of coatings can cause pinholes and scum making it undesirable. The addition of defoamers can increase its saltwater and moisture resistance and adhesion. The global defoaming coating additives market report by Market Research Future (MRFR) encompasses trends, opportunities, growth drivers, and challenges to be faced by market leaders for the period between 2020 and 2027 (forecast period).
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Competitive Outlook
Allnex Group, Altana, BASF SE, Münzing Corporation, Arkema, Ashland, Elementis PLC, Momentive, Evonik Industries AG, and DowDuPont are prominent players of the global defoaming coating additives market. Innovation and novel product developments as well as consolidations are strategies implemented by market players to gain the competitive edge in the market.
Market Scope
The global Defoaming coating additives market Size is set for a stellar growth rate during the forecast period. The massive demand for these additives across consumer appliances, wood and furniture, textiles, industrial, construction, and automotive sectors is likely to drive market demand. High production and sales of automobiles is expected to greatly influence the market. Defoamers improve the external appearance of cars and provide reinforcement and wear resistance to its body.
Expansive rate of urbanization and urbanization in economies of APAC can be monumental in bolstering the global Defoaming Coating Additives Market growth. The development of water-based defoamers can assist in facilitating market growth. Government initiatives to curb pollution levels as well as regulations by federal agencies such as the U.S. Environmental Protection Agency and European Union’s REACH can influence the market greatly. High demand for silicon defoamers for wastewater treatment for solving the problem of drinking water shortage can cause a spike in its demand.
Water-based defoamers can have high demand to meet the challenges in the construction industry. These defoamers have a low VOC footprint and highly preferred in the paints & coatings industry. For instance, BASF has Efka BF 2744 which has been designed for industrial floor formulations and compliance with latest regulations.
However, fluctuations in raw material prices can take a toll on the market.
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Regional Analysis
North America, Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), and Latin America are regions the center of interest in the global defoaming coating additives market report.
APAC dominated the global marketspace due to high rate of industrialization and construction activities. Development of smart cities, renovation of old buildings, and initiatives for infrastructural projects can drive the market growth till 2023. Large demand for consumer appliances in Japan, India, and China is predicted to drive global demand for defoaming coating additives. The textile industry can also induce high market demand.
Europe accounted for the second-largest market share in 2017 due to production and export of automotive components by companies in Western Europe. The construction industry can fuel the demand for defoamers exponentially. North America will remain lucrative for the global defoaming coating additives market due to construction and automotive sectors.
MEA can induce demand in the global defoaming coating additives market due to infrastructural activities, while the Latin America market can expand due to demand from construction and automotive sectors in Chile, Brazil, and Argentina.
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Segmentation
The global defoaming coating additives market has been segmented by type, function, and application.
By type, the market has been segmented into silicone, polymer, mineral oil, vegetable oil, water-based, emulsion-based, and powder-based defoamers.
Based on function, the market has been divided into foam breaking, foam suppressing, and deaerating.
On the basis of application, the market has been classified as automotive, construction, industrial, wood and furniture, consumer appliances, textiles, and others.
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Construction Additives Market Size New Opportunities, Emerging Trends And Forecasts To 2027
April 8, 2022 5:40 - Pas de commentaireMarket Overview:
Global construction additives market has witnessed gradual growth in recent years but is expected to witness steady growth in the forecast period. The global construction additives market Size is primarily driven due to rapid growth of the construction industry with high demand for high strength concrete. Construction additives chemicals, minerals and fibers are blended into cement to alter its performance. Additives provide specific benefits for different jobs. Liquid additives used during cement grinding, improve the strength of the cement. Concrete bonding additive bonds old concrete to new for interior and exterior jobs such as wall capping and resurfacing.
The construction industry is evolving continuously as huge differences are witnessed between the structures built today and the ones built over a decade ago. Changing lifestyles, rapid urbanization, and the demand for enhanced aesthetics for residential, commercial, and infrastructure, have forced architects and engineers to innovate the design of concrete structures suited for various applications. On the flipside, tight project completion deadlines and the increasing variable costs of construction present a challenge for efficient execution of the construction projects. Construction additives offer the benefits of high quality, increased efficiency, and better finishing. Lack of awareness regarding construction additive techniques and their benefits, along with unstable costs of raw materials, might restrain the demand for this type of construction technique.
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The construction industry has witnessed a significant change with the introduction of construction additives as they provide flexibility to designers to modify and enhance both, physical and chemical properties of concrete. This includes compressive strength, durability, surface finish, and resistance to withstand adverse climatic and working conditions as per design specifications/requirements without compromising the quality of the concrete structure. However, the rising emissions of toxic chemicals is expected to hamper the construction additives market growth in the future. The global construction additives market is expected to grow at a 7% CAGR during the forecast period.
Rapid growth in the construction sector is one of the major factors driving the construction additives market. High demand for residential and non-residential buildings has a significant impact on the demand for construction additives, as they are used in the flooring and walls of the buildings. Consumer preferences for improved and high-quality cement are expected to boost the overall product consumption rate in future as cement additives are helpful in increasing product strength, and are capable of providing waterproofing feature, enhanced chemical resistance, color, and high water reduction.
Asia Pacific Construction Additives market is expected to grow at the highest CAGR
Currently, the Asia Pacific region is the largest consumer of construction additive products. China, U.S., and Germany are among the major markets of construction additives, globally. The Asia Pacific construction additives market is projected to register the highest CAGR during the forecast period. The rising number of infrastructural activities and the population in China, Japan, and Australia, drive the growth of the Asia Pacific construction additives market. Additionally, other emerging economies such as South Africa and countries in the Middle East and South America are experiencing high demand for residential and commercial constructions. The rapid urbanization in these countries demand faster and cheaper construction of buildings and facilities without compromising on quality. The rise in the number of government investments in infrastructural constructions, further boosts the growth potential of the construction additives market in these regions.
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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 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
Continue...
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Key Players
The Key Players of global construction additives market are BASF SE (Germany), Sika Group (Switzerland), The Dow Chemical Co. (U.S.), W. R. Grace and Company (U.S.), RPM International Inc (U.S.), CHRYSO Group (France) Evonik Industries AG (Germany), Mapei S.p.A (Italy), Fosroc (U.K.) and Cico Group (India)
This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global construction additives market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.
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Cellulose Esters Market Competitive Strategies & Forecasts 2021 to 2027: Demand and Growth Analysis
April 8, 2022 5:11 - Pas de commentaireMarket Overview
Cellulose esters are an acetate ester of cellulose. It is primarily used for a film base in photography, as the precursor components in some coatings. Additionally, the product finds application in a frame material for eyeglasses and as synthetic fiber in the manufacturing cigarette filters.
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Based on raw material, the global cellulose ester market has been segmented into cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, cellulose nitrate, and others. Among these raw materials, the cellulose acetate accounted for the largest market share in 2017 and is projected to grow at the highest CAGR during the forecast period. The primary factors responsible for this growth are the demand for the product in automotive and construction industry to serve the coating applications. The cellulose acetate propionate is another substantial raw material which is anticipated to witness healthy growth in demand in printing inks and varnishes during the forecast period owing its low-odor, free-flowing powder form. Additionally, the adaptability of the for use in printing inks and clear overprint varnishes due to radial solubility in ink solvents and higher compatibility with the other resins used in printing inks.
By application, the global cellulose ester market has been categorized into coatings, films & tapes, textiles, cigarette filters, healthcare, inks, and others. The coatings segment held the largest share of the market in account of increasing demand from the rapidly growing automotive industry across the globe. Additionally, the technological advancements in the medical sector and increasing personal care awareness in the developing countries is likely for fuel demand for the product in the healthcare applications.
Regional Analysis
The global Cellulose ester market has been segmented across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is anticipated to grow at the highest CAGR owing to the rising product demand in the automotive, healthcare, and construction industries. In addition, the cellulose esters are widely used in rapidly growing textiles industry in this region. This is expected to fuel the market growth in the region during the review period.
North America is expected to witness significant growth during the forest period. This is mainly due to the substantially higher growth in demand for the product in the construction industry along with the cigarettes filters.
Market Segmentation
The global Cellulose Ester market has been segregated on the basis of raw material, application, and region.
By raw material, the global cellulose ester market has been segregated into cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, cellulose nitrate, and others.
Based on application, the market is categorized into coatings, films & tapes, textiles, cigarette filters, healthcare, inks, and others.
The global cellulose ester market has been studied across the five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Competitive Analysis
The leading players in the global Cellulose Ester market are CHT Group (Germany), KCC CORPORATION (South Korea), Elkem Silicones (Norway), MESGO S.p.A. (Italy), Momentive (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. (Japan), Reiss Manufacturing, Inc. (US), SIMTEC Silicone Parts (US), Shenzhen Inno Silica Co., Ltd. (China).
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