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Coated Steel Industry Overview Sales, Supply, Future, Opportunity and Forecast to 2030
февраля 4, 2022 5:31 - no comments yetRegional Analysis
The global coated steel market has been classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
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Asia-Pacific is expected to account for the largest share of the global coated steel market on account of the growing end-use industries in the region, especially the construction, automotive and electrical appliances.
North America and Europe are expected to be the prominent markets for coated steel due to the increasing demand in the automotive, and construction. The regional markets are expected to maintain close demands during the forecast period.
The Latin American and the Middle East & African markets are likely to register healthy growth during the review period as a result of the growing end-use industries in the regions.
Market Segmentation
The global Coated Steel Market has been segmented based on type, coating type, end-use industry, and region. By type, the global market has been divided into color-coated steel and metallic-coated steel. The color-coated steel segment accounted for the largest market share and is expected to register the highest CAGR during the forecast period. The demand is attributed to its increasing demand in the construction industry for both exterior and interior applications.
Based on coating type, the global market has been divided into polyester, polyvinylidene fluoride, epoxy, polyvinyl chloride, polyurethane, pure aluminum, aluminum-zinc, pure zinc, and others. The polyester segment is further sub-divided into regular modified polyester, silicone modified polyester, and super durable polyester. The polyester segment accounted for the largest market share in the global coated steel market in terms of tonnage and value due to its excellent resistance to different weather conditions and has smooth surface finishing.
Based on end-use industry, the global market has been segregated into building and construction, automotive, industrial machinery, electrical and electronics, consumer goods, and others. The building and construction industry accounted for the largest market share in terms of tonnage and value. The latter is followed by the automotive segment in 2017. The increasing demand for color-coated steel in applications such as roofing, cladding, and other applications in residential and commercial construction is expected to drive the market.
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Competitive Analysis
Some of the key players operating in the global coated steel market are JSW (India), ArcelorMittal Luxembourg), SSAB (Sweden), POSCO (South Korea), JFE Steel Corporation (Japan), NLMK (Russia), NIPPON STEEL & SUMITOMO METAL CORPORATION (Japan), Essar (India), Tata Steel (India), thyssenkrupp AG (Germany), Salzgitter Flachstahl GmbH (Germany), and Uttam Galva Steels Limited (India).
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 Global Coated Steel 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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Bonded Abrasive Industry | Key Players, SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2030
февраля 4, 2022 5:20 - no comments yetOverview
The development of the demand from the construction sector is estimated to spur the bonded abrasive market companies. The market's report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. A 5.8% CAGR is estimated to spur global market development in the coming period.
The surge in the investment level in the construction business is estimated to bolster the Bonded Abrasive Market companies in the impending period. The innovation in product design is estimated to promote the bonded abrasive market share in the near future.
Segmental Analysis
The segmental analysis of the bonded abrasive market is conducted on the basis of type, end-use industry, application, and region. The end-use industry segment of the bonded abrasive market consists of marine, construction, automotive, general metalworking, and aerospace. The type segment of the bonded abrasive market consists of cup-shaped wheels, depressed center wheels, recessed or relieved wheels, and tapered body wheels. The region segment of the bonded abrasive market consists of Asia Pacific, Europe, North America, Africa, and the Middle East. The application segment of the bonded abrasive market consists of rough grinding, fabrication, precision grinding, polishing, and cutting.
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Regional Overview
The regional investigation of the segment of the bonded abrasive market consists of Asia Pacific, Europe, North America, Africa, and the Middle East. The Asia-Pacific regional market holds the principal market share for bonded abrasives in 2018 and is anticipated to be the central region in the forecast period. This can be accredited to the swift industrial development and flourishing automotive and construction business; there has been an enormous call of machinery for grinding, cutting, and polishing leading to high use of bonded abrasive in these businesses. The European region's bonded abrasive market has the principal automotive sector and requires machinery development for faster manufacturing of their products, complementing the necessity of a significant quantity of bonded abrasives while producing their products, hence improving the overall growth of the bonded abrasive in the European regional market. The Middle Eastern and African regions are anticipated to perceive a composed development in the bonded abrasives market which is reported to the mounting economic development in the region steering to the high demand for bonded abrasives in the building and general metalworking business. Due to the robust development in the marine and automotive business, the Latin American regional market is anticipated to have a stable growth in the bonded abrasives market in the forecast period.
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Competitive Analysis
The engagement of technology and strategy-based approach is likely to ensure better chances for success in the future. The financial stimulus being provided by many government bodies to regenerate their national markets is estimated to spur the global progress rate. The improvement in the rate of innovation is estimated to further open up new aspects of the market. The capitalization by market companies to establish robust e-commerce and retail channels is projected to motivate the development of the market. The market is likely to be lifted by the reformative trends that are shaping the global market. The development of robust delivery chains is predicted to enhance the pace of progress in the upcoming months. The increased emphasis on high-revenue decision-making in the market is estimated to prompt its quicker return to normalcy in the coming months. The agreement of various international trade deals is estimated to further foster the expansion of the market.
The promising companies in the bonded abrasive market are Buffalo Abrasives Inc (US), Grinding Techniques (Pty) Ltd (South Africa), Saint-Gobain (US), Abrasives Manhattan, SA (Spain), Marrose Abrasives (UK), SAK Abrasives Limited (India), Carborundum Universal Limited (India), Sia Abrasives Industries AG (Switzerland), Flexovit (US), NIPPON RESIBON CORPORATION (Japan), DRONCO GmbH (Germany), 3M (US), KWH Mirka (Finland), Robert Bosch GmbH (Germany), and Fujimi Incorporated (Japan).
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Industry Updates:
June 2021 Diablo, the business leader who makes premium sandpaper, bonded abrasives, circular saw blades, router bits, and Forstner bits to offer superior performance all while enduring the most extreme circumstances, have introduced a widespread novel line of sanding products, submitting the Ultimate Sanding Solution, that will improve productivity, decrease time, and save money termed Diablo's SandNET™. The range comprises sanding discs and sheets and reusable hand sanding blocks. Diablo has reinvented sanding with a greater solution that outperforms paper.
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Acrylic Surface Coating Market Share Insights, Segmentation And Investment | Forecast To 2030.
февраля 4, 2022 5:08 - no comments yetMarket Segmentation
The global acrylic surface coating market has been segmented on the basis of the substrate, technology, end-use industry, and region.
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On the basis of the substrate, the market is divided into concrete, metal, plastics, wood, and others. Among these segments, concrete is holding the largest share of the market on account of rapid urbanization, swiftly growing construction sector, increasing government investment in infrastructure development projects. Moreover, the product confers excellent resistive properties to concrete on the application.
Based on technology the market is categorized into waterborne, solvent-borne, powder, and radiation curable. The waterborne segment is growing at a robust growth rate during the review period. This growth trend is primarily attributed to the increasing demand for the product from applications such as automotive, marine, and industrial machinery, tools, and equipment. Apart from this, the major factor favoring the growth of this segment is growing environmental concerns regarding solvent and powder bore technology.
Based on the end use industry, the global acrylic surface coating market is classified as building & construction, automotive, aerospace & defense, marine, furniture making, and others. Building & construction segment is the largest consumer of acrylic surface coatings, which is majorly attributed to the steady and continuous rise in the construction activities in commercial, household, and physical infrastructural sectors. The product is predominantly used to coat a concrete and furniture substrate in the construction industry to improve adhesion and abrasion resistance.
Market Overview
The acrylic coating is commonly applied on the surface of a substrate to serve decorative, functional, protectoral, or operational purposes. The final product substrate is obtained with some significant physical properties after application so Acrylic Surface Coatings, such as excellent finish, gloss, and better clarity. In addition to this, the end product also offers greater weather ability and superior hardness, also greater impact resistance, enhanced adhesion, and chemical resistance. The acrylic surface coating adds value to the product, an object, or a substrate and increases the life span and durability of the same. In recent years, the acrylic surface coating has been successfully penetrated into a vast number of industries including, building & construction, automotive, marine, and aerospace & defense, and other industrial coatings. As per the overall estimation of the global protective coating market, it is significantly growing at a healthy CAGR to reach over USD 23 billion by the end of 2023. This is expected to fuel the demand for the acrylic surface coating in the coming years as the trend is likely to remain the same over the forecast period.
Regional Analysis
The global acrylic surface coating market is geographically spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific is leading the market, among others, owing to the increasing demand for building & construction, automotive, and wind energy sectors in this region. India, South Korea, China, and Japan are the major markets in this region due to the growing demand from emerging end use industries such as marine, automotive, and building & construction. North America is the second most considerable region in the global acrylic surface coating market. The U.S. is the major contributor to this region due to the presence of leading end use industries such as defense, marine, aerospace & defense. Europe is another substantial region in the market. The major markets in this region are Germany, the U.K, France, and Italy, where there is a growing demand for acrylic surface coatings by the automobile industry. Latin America is witnessing a rise in industrialization along with the pacifying political and economic scenario in Brazil and Colombia. During the forecast period, the region anticipated holding a significant share of the global acrylic surface coating market. The Middle East & Africa is holding relatively lesser shares in the global acrylic surface coating market. It is anticipated to witness growth in coming years on account of hitherto untapped growth opportunities in the construction sector.
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Competitive Analysis
Some of the leading players in the global acrylic surface coating market are
- Arkema SA (France),
- PPG Industries (U.S.),
- Dunn-Edwards Corporation (U.S.),
- SIKA AG (Switzerland),
- The Valspar Corporation (U.S.),
- Wacker Chemie AG (Germany),
- Axalta Coating Systems (U.S.),
- HEMPEL A/S (Denmark),
- B.M. REAL INTERNATIONAL (Romania),
- and RPM International Inc. (U.S.)
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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 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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Rolling Stock Market Size 2022 | Future Estimations and Key Industry Segments Poised for Strong Growth in Future 2030
февраля 4, 2022 4:36 - no comments yetThe Global Rolling Stock Market is set to exhibit a compound annual growth rate (CAGR) of 4.98% from 2017 to 2025 asserts Market Research Future (MRFR) in its latest report. It is projected that Europe and Asia-Pacific (APAC) are expected to emerge as the two major growth markets during the forecast period. The rolling stock market in Europe is characterized by a large number of market players, which makes it highly competitive. Many of the players have superior knowledge in freight technology, which gives them a competitive edge. In Asia, the market growth is primarily driven by the exponential growth of transportation across the region. The region is home to two of the most densely populated countries – China and India that are in need for efficient and cost-effective transportation solutions. Local policymakers have been supportive of the development of transportation infrastructure. Investment have continued to grow in developing robust metro and inter-city trainsets and main line locomotives.
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Competitive Landscape
Some of the key companies operating in the global rolling stock market include
- Construccionesy Auxiliar de Ferrocarriles,
- S.A (CAF) and Electro-Motive Diesel (EMD),
- Bombardier, Hitachi, Ltd,
- Hyundai Rotem Company,
- Kawasaki Heavy Industries Rolling Stock Company,
- Transmashholding,
- GE Transportation,
- Stadler Rail AG,
- Siemens, Alstom,
- CRRC Corporation Limited
Regional Segmentation
Some of the key regions covered in MRFR report include North America, Latin America, the Middle East & Africa (MEA), Asia Pacific (APAC), and Europe. The Europe market is expected to remain highly attractive during the forecast period. Given the vastness of railways in the region, rolling stock demand remain strong in the region. However, the sector is undergoing tremendous transformation owing to policy reforms, integration of new technologies, and implementation of environmental laws. The growing emphasis on electric mobility is creating unique opportunities for electric variants. German remains a key market for rolling stock in Europe, the country is home to several renowned rolling stock manufacturers. Some of the factors such as favorable policies, a stable business climate, presence of several companies with expertise in freight technologies puts Germany in a superior position in the global rolling stock market.
Segmental Overview
The segmental analysis of the global Rolling Stock Market has been conducted on the basis of type, train type, and product type.
On the basis of type, the market has been segmented into electric and diesel. The diesel segment is expected to maintain its dominant position throughout the assessment period. The strong requirement for high-torque engine in rail freights continues to drive the segment’s growth. Based on train type, the market has been segmented into passenger tail and rail freight. The rail freight segment is expected to remain highly attractive during the forecast period. Rail freights play an important role goods transportation operation worldwide. The global demand for rail freights is expected to remain high over the next couple of years. Industrial growth in regions such as Asia, the Middle East, and Latin America has reflected favorably on the demand for rail freights. Based on product type, the market has been segmented into locomotive, rapid transit vehicle, and wagon. The wagon segment represents a significant share of the global market in terms of revenue. Wagons are used extensively for transporting cargo.
Industry News Updates
- Spain-based rail solution developer ConstruccionesyAuxiliar de Ferrocarriles, S.A (CAF) has reportedly purchased 100% stake in EuroMaint, a rolling stock maintenance service company. The acquisition saw CAF splash out approximately €80m.
- HS2 Ltd has reportedly received five bids for the estimated £ 2.75 Bn railway contract for the U.K. The contract will include designing, manufacturing, and maintenance of the country’s High Speed 2 train fleets.
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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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Waterborne Coating Additives Industry Overview 2022 Industry Growth Analysis, Segmentation, Future Demand and Outlook To 2030
января 28, 2022 10:35 - no comments yetMarket Segmentation
The global waterborne coating additives market is segmented based on product type, and end-use industry.
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Based on the product type, the waterborne coating additives market is segmented into wetting agent & dispersing agent, defoamers, surface control additives, deaerators, rheology modifier, hydrophobic agents, and others. Rheology modifier segment contributes substantially to the development of the market.
Based on the end-use industry, the waterborne coating additives market includes building & construction, automotive, packaging, and others.
Overview:
The global Waterborne Coating Additives Market is expecting robust growth during the forecast period (2022-2030), reveals Market Research Future (MRFR). The report includes a detailed analysis of the segments, market trends, drivers, competition among the many aspects. Waterborne coating additives market is receiving significant traction owing to its eco-friendly nature. Industry verticals are now opting more for this kind of substance in a bid to reduce carbon footprint. These coatings use more than 80% water in the blend which makes the additive less toxic and better in adhesion. The additives further provide good resistance against heat and abrasion. In addition, this type of additives can also perform in wetting & dispersion of pigments and resin, defoaming of foams produced during production, and laying up of paints & coatings. Its drying time is better than the rest available in the market which makes waterborne coating additives the choicest option for many verticals such as the ink industry.
Furthermore, government policies regarding VOC emission are going in favor of the waterborne coating additives market. Automotive and construction industries are major recipients of such benefits as the sectors are keeping a firm eye on products utilized to maintain safety standards. Needs to prevent reflocculation of the dispersed particles in coatings can intrigue a lot of industries into adapting waterborne coating additives, hence, driving the waterborne coating additives market in the process.
Regional Analysis:
Geographic analysis of the waterborne coating additives market spans across the Asia Pacific (APAC), North America, Europe, Latin America (LATAM), and the Middle East & Africa (MEA).
The APAC market is having the lion’s share of the market in terms of revenue and is expected to retain its market position during the forecast period as well with a healthy CAGR. The market can acknowledge the aspects such as increased industrialization, fast-tracked urbanization, consumer awareness regarding eco-friendly products among many as the major factors. In addition, the automobile sector is gaining significant traction in the region and thrust can get quite substantial.
North American market shares similarities with the European market. Both markets are quite mature in terms of production and infrastructure which have given them a considerable footing in the waterborne coating additives market. Europe’s automobile industry is quite vast and is impacting the regional market to the core. Furthermore, these regions have stringent regulations regarding pollution during production.
The MEA market can expect rising demand for the waterborne coating additives market due to ongoing infrastructural projects initiated to develop the tourism industry. Latin American market prosperity depends on the infrastructural development initiated by countries such as Mexico and Brazil.
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Competitive Analysis:
Prominent players in the global waterborne coating additives market are
- Akzo Nobel NV (Netherlands),
- Allnex group (China), BASF SE (Germany),
- BELAMI FINE CHEMICALS PVT. LTD.(India),
- ALTANA (Germany),
- Evonik Industries AG (Germany),
- Dow Corning Corporation (U.S.),
- Falcon Technologies Inc. (U.S.),
- Harmony Additive Pvt. Ltd. (India),
- UL LLC (U.S).
Players often involve in strategies such as product launch, merger, acquisition, collaboration, and other methods to stay afloat in the global market. These decisions help not only them sustain, but the market grows as a whole.
In August 2018, Lubrizol announced the launching of Solsperse W200, a new dispersant from the Solsperse W-Series water-borne dispersant technology. The component allows rapid spreading of organic pigments and carbon blacks into water-borne coatings systems.
In November 2018, Coatex announced the launch of their new rheology additive Coadis 790. The product is non-ionic polymeric dispersant for industrial coatings, inks, and pigment.
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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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