Industrial Coatings Market by Corporate Strategy Analysis, Landscape, Type, Application 2027 In USA

 

The global industrial coatings market is set to impetus from the increasing focus of manufacturers towards developing greener processes. These processes would help in creating fewer emissions and wastes, as well as use lesser energy. This information is given by Fortune Business Insights™ in a new report, titled, “Industrial Coatings Market Size, Share & Industry Analysis, By Resin (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Others), By Technology (Solvent-borne, Water-borne, Powder, and Others), By End-use (General Industrial, Powder, Automotive OEM, Automotive Refinish, Protective, Wood, Marine, Coil, Packaging, and Others), and Geography Forecast, 2020-2027.” The report further states that the industrial coatings market size was USD 86.81 billion in 2019 and is projected to reach USD 119.54 billion by 2027, exhibiting a CAGR of 4.4% during the forecast period.

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Drivers & Restraints-

Rising Environmental Concerns to Bolster Growth

The manufacturing process of industrial coatings releases volatile organic compounds (VOCs)that must be eliminated effectively. These organic chemicals turn to gases once they are kept at room temperature. VOCs are the main cause of ground-level air pollution. Hence, nowadays several manufacturers are rapidly inclining towards powder-based or water-borne coatings to maintain sustainability. This factor is set to propel the industrial coatings market growth in the coming years. However, these coatings are prone to drying quickly, which, in turn, may hamper growth.

Segment-

Acrylic Segment to Hold Major Share Backed by High Demand from Biomedicine Industry

Based on resin, the acrylic segment held the major industrial coatings market share in 2019. This growth is attributable to the increasing demand for ceramic from the biomedicine industry. Binders or resins are capable of holding every component of coatings together. The alky segment would showcase considerable growth in the near future because of its cost-effective and versatile nature.

A list of all the industrial coatings manufacturers operating in the global market:

• Akzo Nobel N.V. (Netherlands)
• Axalta Coating Systems, LLC (U.S.)
• Industrial Coatings Ltd. (Finland)
• PPG Industries, Inc. (U.S.)
• The Sherwin-Williams Company (U.S.)
• Nippon Paint Holdings Co., Ltd. (Japan)
• Kansai Paint Co., Ltd. (Japan)
• RPM International Inc. (U.S.)
• BASF SE (Germany)
• PPG Asian Paints Pvt Ltd (India)
• Hempel A/S (Denmark)
• The Chemours Company FC, LLC. (the U.S.)
• Jotun A/S (Norway)
• Other Key Players

Regional Analysis-

The Asia Pacific to Remain at the Forefront Fueled by Rising Production of Automotive

Geographically, Asia Pacific procured USD 36.5 billion in terms of revenue in 2019. The region is set to retain its dominant position in the market throughout the forthcoming years. This growth is attributable to increasing consumer spending and rising automotive production. Additionally, the rising government subsidies, interest rates, general industrial production, and construction activities in this region would spur demand.

Europe, on the other hand, is expected to show significant growth stoked by the ongoing developments in the oil & gas sector. At the same time, the rising usage of powder coatings owing to the rapid technological advancements in this sector would drive growth.

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Competitive Landscape-

Key Players Focus on Launching Novel Industrial Coatings to Strengthen Their Positions

The market for industrial coatings is highly fragmented in nature backed by the presence of multiple prominent domestic and international companies. Most of them are focusing on launching state-of-the-art products to cater to the high demand from various end-use industries. Below are the two latest industry developments:

• August 2020: Sherwin-Williams Protective & Marine unveiled its latest rapid curing technology for lowering labor costs and application time for structural steel protection.
• July 2020: Nippon Paint India launched an innovative line of industrial paints under its Protect brand. This would help the company to expand its footprint in the industrial coatings segment.

This Report Answers the Following Questions:

• How will the organizations surge sales of industrial coatings amid COVID-19?
• Which region and the segment would lead the market in the near future?
• What are the market drivers, hindrances, challenges, and opportunities?
• What are the historical, estimated, and current sizes of the global market? 

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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US Automotive Plastics Market Analysis By Future Demand, Top Players, Size

 US Automotive Plastics Market Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each market sector is examined in depth in the Market Research Intellect, including goods, applications, and competitive analysis. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions.

Key players in the global US Automotive Plastics market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the global US Automotive Plastics Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the discussion. The study lays out how the pandemic affected the dynamics of the market and what are the future opportunities for market players.

To understand how our report can bring a difference to your business strategy, Request a Sample PDF Report:-  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102023

The global US Automotive Plastics market size is expected to hit USD 53.85 billion by 2027. This is attributable to the rising automotive sector and the growing demand for additive manufacturing in the automotive sector during the forecast period. This information is published by Fortune Business Insights, in its latest report, titled, “US Automotive Plastics Market Size, Share & COVID-19 Impact Analysis, and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 40.91 billion in 2019 and is likely to exhibit a CAGR of 5.3% between 2020 and 2027.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the US Automotive Plastics market. The study assesses the market size of the global US Automotive Plastics industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

The list of Top Key Players in the US Automotive Plastics Market Report is

Arkema SA (France), BASF SE (Germany), Borealis AG (Austria), DuPont (U.S.), DSM Engineering (The Netherlands), Evonik Industries AG (Germany), ExxonMobil Corporation (U.S.), LANXESS (Germany), LG Chem (South Korea), LyondellBasell (The Netherlands), SABIC (Saudi Arabia), Covestro AG (Germany), Arkal Automotive (U.S.)

Best Features of the Report:

•  Detailed analysis of the Global US Automotive Plastics Market
•  Fluctuating market dynamics of the industry
•  Detailed market segmentation
•  Historical, current, and projected market size in terms of volume and value
•  Recent industry trends and developments
•  Competitive landscape of the Global US Automotive Plastics Market
•  Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth

Having a complete and in-depth analysis of market dynamics, market status, and competitive situation, which helps in obtaining in-depth facts about the industry. The US Automotive Plastics report shows how the market is expected to grow in the near future. All-powerful industry verticals of the US Automotive Plastics industry are featured in this study such as product type, applications, and geographies. US Automotive Plastics industry trends will present market drivers, restraints, and growth opportunities.

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Countries Mentioned in the US Automotive Plastics Market Report:

➼ North America (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)

➼ Europe (Germany, France, United Kingdom)

➼ Asia-Pacific (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)

➼ Latin America (Mexico, Brazil, Argentina, Colombia)

The report studies the US Automotive Plastics Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the US Automotive Plastics Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Scope of the Report:

An in-depth analysis of statistics on current and emerging trends provides clarity regarding US Automotive Plastics Market dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the US Automotive Plastics research data of various companies, benefits, gross margin, global market strategic decisions, and more through tables, graphs, and figures. infographics.

Major Points from Table of Contents:

1. US Automotive Plastics Market Overview
2. US Automotive Plastics Market Competitive Landscape
3. US Automotive Plastics Market Scenario by Region
4. Cost Analysis
5. Marketing Channel, Distributors, and Customers
6. US Automotive Plastics Market Dynamics
7. Global Market Forecast
8. Research Finding and Conclusion
9. Methodology and Data Source

Frequently Asked Questions [FAQ] :

1. What is the scope of this report?

⇨ The US Automotive Plastics report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

2. Does this report estimate the current market size?

⇨ The report efficiently evaluates the current market size and provides a US Automotive Plastics industry forecast. The market was valued at x Million US$ in 2021 and is expected to grow at a CAGR of x% during the period 2022-2029.

3. Does the report provides Market Size in terms of - Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter) of the market?

⇨ The report efficiently evaluates the current market size and provides a forecast for the industry in terms of Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter).

4. Which US Automotive Plastics segments are covered in this report?

⇨ The market is segmented by Product Types, Applications, Technology, End-use Industries, Distribution channel, and Regions.

5. What are the key factors covered in this report?

⇨ The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER's analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, a competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment-related decisions.

6. Does this report offer customization?

⇨ Custom research is a crucial component of the business strategy which helps any organization gain insight into the specific business sectors, aligned with a specific area of interest.

Thus, FBI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Enquire Before Purchasing This Report @ https://www.fortunebusinessinsights.com/enquiry/queries/102023

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

U.S.:+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com 

US Demulsifier Market Growth Opportunities, Market Revenue, Future and Business Analysis by Forecast 2029

 US Demulsifier Market Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each market sector is examined in depth in the Market Research Intellect, including goods, applications, and competitive analysis. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions.

Key players in the global German Demulsifier market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the global German Demulsifier Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the discussion. The study lays out how the pandemic affected the dynamics of the market and what are the future opportunities for market players.

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The US Demulsifier Market size is projected to grow from USD 2,236.4 million in 2021 to USD 2,949.4 million in 2028. Government bodies of various countries are implementing strict norms on the usage of certain toxic chemicals. Hence, companies are trying to develop green German Demulsifiers. The Journal of the Japan Petroleum Institute, for instance, mentioned in a study that extracts of vegetable oils, such as coconut and olive, as well as green tea are considered to be some of the environmentally friendly emulsion breakers. As per a report by Fortune Business Insights™, titled, “US Demulsifier Market, 2021-2028,” the market stood at USD 2,150.0 million in 2020. It is set to grow at a CAGR of 4.0% during the forecast period between 2021-and 2028.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the US Demulsifier Market. The study assesses the market size of the German Demulsifier industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

The list of Top Key Players in the US Demulsifier Market Report is

Baker Hughes Incorporated, Croda International, Ecolab Inc., Clariant, Schlumberger Limited, BASF SE, Nova Star LP, Nouryon, SI Group, Innospec Inc,and more players profiled.

Best Features of the Report:

•  Detailed analysis of the US Demulsifier Market
•  Fluctuating market dynamics of the industry
•  Detailed market segmentation
•  Historical, current, and projected market size in terms of volume and value
•  Recent industry trends and developments
•  Competitive landscape of the US Demulsifier Market
•  Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth

Having a complete and in-depth analysis of market dynamics, market status, and competitive situation, which helps in obtaining in-depth facts about the industry. The German Demulsifier report shows how the market is expected to grow in the near future. All-powerful industry verticals of the German Demulsifier industry are featured in this study such as product type, applications, and geographies. German Demulsifier industry trends will present market drivers, restraints, and growth opportunities.

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Countries Mentioned in the US Demulsifier Market Report:

➼ North America (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)

➼ Europe (Germany, France, United Kingdom)

➼ Asia-Pacific (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)

➼ Latin America (Mexico, Brazil, Argentina, Colombia)

The report studies the US Demulsifier Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the US Demulsifier Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Scope of the Report:

An in-depth analysis of statistics on current and emerging trends provides clarity regarding US Demulsifier Market dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the German Demulsifier research data of various companies, benefits, gross margin, market strategic decisions, and more through tables, graphs, and figures. infographics.

Major Points from Table of Contents:

1. German Demulsifier Market Overview
2. German Demulsifier Market Competitive Landscape
3. US Demulsifier Market Scenario by Region
4. Cost Analysis
5. Marketing Channel, Distributors, and Customers
6. German Demulsifier Market Dynamics
7. Market Forecast
8. Research Finding and Conclusion
9. Methodology and Data Source

Frequently Asked Questions [FAQ] :

1. What is the scope of this report?

⇨ The German Demulsifier report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

2. Does this report estimate the current market size?

⇨ The report efficiently evaluates the current market size and provides a German Demulsifier industry forecast. The market was valued at x Million US$ in 2021 and is expected to grow at a CAGR of x% during the period 2022-2029.

3. Does the report provides Market Size in terms of - Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter) of the market?

⇨ The report efficiently evaluates the current market size and provides a forecast for the industry in terms of Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter).

4. Which German Demulsifier segments are covered in this report?

⇨ The market is segmented by Product Types, Applications, Technology, End-use Industries, Distribution channel, and Regions.

5. What are the key factors covered in this report?

⇨ The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER's analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, a competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment-related decisions.

6. Does this report offer customization?

⇨ Custom research is a crucial component of the business strategy which helps any organization gain insight into the specific business sectors, aligned with a specific area of interest.

Thus, FBI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Enquire Before Purchasing This Report @ https://www.fortunebusinessinsights.com/enquiry/queries/101084

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

U.S.:+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com 

US Masterbatch Market to See High Growth in Upcoming Year by 2026 | What is the Scope of the Masterbatch Industry?

 The global masterbatch market size is likely to reach USD 16.35 billion by 2026 owing to the rising number of building and construction activities worldwide. Masterbatches are liquid or solid additives used for painting or for imparting various properties to plastics. Coloring Masterbatch is utilized for coloring or shading plastic items. It can also be used for conveying properties such as UV stabilizers, antioxidant, effect, energy, and bio-degradable. A recent report by Fortune Business Insights offers insights into the market and its prime growth trajectories. As per the report, the value of the market was USD 10.99 billion in 2018 and is likely to exhibit a CAGR of 5.3% during the forecast period, 2019 to 2026.

Companies present in the masterbatch market. They are as follows:

• Ampacet Corporation
• PolyOne
• PLASTIKA KRITIS S.A.
• Hubron International
• Penn Color Inc.
• Clariant
• Schulman, Inc.
• Cabot Corporation
• Plastiblends
• Tosaf
• Other Players

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What is the Scope of the Report?

The report is based on an in-depth analysis of the market and offers a comprehensive ve overview of the same. The report focuses on factors boosting, repelling, challenging, and creating opportunities for the market. It also discusses the table of segmentation of the market based on factors such as type, polymer, end-use, and geography and lists the names of the leading segment with its attributed factors. In addition to this, the report throws light on recent industry developments, current trends, and other interesting insights into the market. It also lists the names of players operating in the market and the major strategies adopted by them to gain a competitive edge in the market.

Key Players Assessment in this Research:

• The report offers detailed analysis of leading companies in the market across the globe.
• It provides details of the major vendors involved in this market
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
• The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

Masterbatch Market Drivers:

Rise in Demand for Plastic from the Pharmaceutical Industry for Packaging will Bolster Growth

Various factors are responsible for the global Masterbatch market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years.

Regional Segmentation:

Asia Pacific to Continue Dominance with Increasing Consumer Expenditure on Infrastructural Development

In 2018, Asia Pacific emerged dominant in the market with a revenue of USD 3,998.14 Million. This is attributed to the high demand for packaging from key economies such as China, India, and Taiwan. Besides this, the rise in consumer expenditure on power and the increasing demand for plastic goods will also help promote the regional market in the forthcoming years. Furthermore, the rapid growth of packaging, consumer goods, and automotive companies and the rise in agriculture sectors is anticipated to help this region continue dominating the market in the coming years.
On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region.

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Competitive Landscape:

Fragmented Nature of Market will Intensify Competition

The global Masterbatch market share enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other.

Major Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Emerging Trends – For Major Countries
  • Key Developments: Mergers, Acquisition, Partnership, etc.
  • Latest Technological Advancement
  • Insights on Regulatory Scenario
  • Porters Five Forces Analysis
• Global Masterbatch Market Analysis, Insights and Forecast, By Type, 2015-2026

• Key Findings / Summary
• Market Analysis, Insights and Forecast – By Type
  • White
  • Black
  • Color
  • Additive
  • Fillers

TOC Continued…!

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US Rainscreen Cladding Market Research Report Detailed Analysis by 2027 | Coronavirus Outbreak to Subdue Market Prospects for 2020

 The global rainscreen cladding market size is projected to reach USD 17,179.1 million by 2027, exhibiting a CAGR of 7.3% during the forecast period. Booming growth in the global construction industry will drive the progress of this market, finds Fortune Business Insights™ A recent research study released by Oxford Economics and Global Construction Perspectives stated that global construction output value will reach USD 15.5 trillion by 2030, surging at a prolific 85% from current levels with the average year-on-year growth standing at 3.9%. According to the study, China, India, and the US will account for 57% of this rise, thereby driving the growth of the construction industry worldwide. Rainscreen claddings are vital components in a building as these materials provide a tough shield for the building’s exterior, protecting the inner layers from harsh weather agents and anomalies such as storms. Thus, expansion of construction activities across the globe will augur well for the growth of this market in the forthcoming years.

As per the report, the market value stood at USD 10,099.8 million in 2019. It also contains the following:

• In-depth analysis of all the market segments;
• Detailed evaluation of the market drivers, trends, and hindrances;
• Accurate projections of the upcoming market opportunities; and
• Comprehensive examination of the regional developments and competitive dynamics of the market.

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Market Restraint

Coronavirus Outbreak to Subdue Market Prospects for 2020

The novel coronavirus has triggered a damaging global economic downturn and has affected activities in numerous sectors, including building and construction. According to the European International Contractors group, construction output is likely to decline between 20% and 40% as a result of the COVID-19 outbreak. Moreover, governments in many countries have imposed partial or complete lockdowns as they struggle to devise an effective plan to battle the pandemic as well as revive the economy simultaneously. Worker-absenteeism at construction sites has spiked in the past couple of months due to concerns surrounding catching the infection. For instance, the Confederation of Real Estate Developers’ Association of India (CREDAI) reported that over 30% of construction workers have been staying away from sites, fearing getting infected by the virus. In sum, the rainscreen cladding market growth will be moderate in 2020 as the COVID-19 outbreak has stalled construction projects around the world.

Regional Analysis

Europe to Offer Lucrative Prospects; North America to Grow Substantially

With a market size standing at USD 4,424.8 million in 2019, Europe is anticipated to dominate the rainscreen cladding market share in the coming years owing to promising progress in the construction activities for industrial and residential purposes. Furthermore, credit infrastructure in the region is strong and is supportive to the construction industry, which is ensuring the stability of this market in Europe.

The market growth in North America is expected to considerable on account of governmental support to commercial and infrastructure projects and schemes. On the other hand, in Asia-Pacific, the market outlook is optimistic owing to the heavy investments being made into the construction sector by governments and private entities in the region.  

Competitive Landscape

Development of Energy-efficient Solutions by Companies to Fire up Competition

Key players in this market are breaching established frontiers of innovation and creating products that align with the present need of boosting energy-efficiency of buildings in urban areas. Launch of advanced and sustainable solutions is aiding these companies to cement their position in the market and gain a decisive edge against other competitors.

  ndustry Developments:

• September 2019: The Swiss chemical major, Sika AG, expanded its Vertical Glass series of products by introducing the SikaTack® Panel-50. The new offering features a neutral curing silicone, which has superior mechanical strength and high elasticity. Aesthetically pleasing, the solution also ensures indoor comfort and promotes energy-efficiency of the building.
• July 2019: NVELOPE, a subsidiary of the Switzerland-based SFS Group, engineered the NVF2F vertical cladding support system that facilitates quick installation of floor-to-floor placement of rainscreen facades. The rail system and the high-strength aluminum bracket also enhances the vertical strength of the rainscreen cladding.

Inquire Before Buying This Research Report: -

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List of Key Companies Covered in this Market Report:

• Dow (U.S.)
• FunderMax (Austria)
• Merson Group (U.S.)
• SFS Intec (Switzerland)
• ROCKWOOL International A/S (Denmark)
• Trespa International B.V. (Netherlands)
• Carea Group (France)
• Sotech Optima Company (UK)
• Kingspan Group (Ireland)
• Sika AG (Switzerland)

Biocides Market Estimated to Flourish at by 2028 In USA

The global biocides market size is expected to reach USD 9,914.2 million by 2028, exhibiting a CAGR of 4.2% between 2021 and 2028. The growing adoption of innovative solutions in the medical industry will contribute positively to the market growth during the forecast period, states Fortune Business Insights, in a report, titled “Biocides Market, 2021-2028” The market size stood at USD 7,195.1 million in 2020.

Production in various sectors has been terminated due to the economic outage. This has resulted in a drop in sales volume and supply chain disruptions and a halt in paint & coatings shipments, considerably restricting this market. However, companies are introducing strategies to cope with the current situation, which, in turn, will incite the development of the global market in the forthcoming years.

The Report Lists the Key Companies in this Market:

• Vink Chemicals GmbH & Co. KG (Germany)
• Clariant (Switzerland)
• Kemira Oyj (Finland)
• Troy Corporation (U.S.)
• Thor Group Limited (UK)
• Lanxess AG (Germany)
• Solvay SA (Belgium)
• Neogen Corporation (UK)
• Finoric LLC (U.S.)
• Shanghai Zhongxin Yuxiang Chemical Co., Ltd (China)
• Shandong IRO Biocide Chemicals Co., Ltd. (China)
• Albemarle Corporation (U.S.)
• Lonza Group Ltd (Switzerland)
• Wuxi Honor Shine Chemical Co. Ltd. (China)

 

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Acquisition of INTACE by LANXESS to Foster Growth

LANXESS, a specialty chemicals firm, purchased INTACE SAS, a French firm, to expand its market share as one of the world's top producers of biocides and antimicrobials. The biocide firm, situated in Paris, makes specialist fungicides for the packaging sector. On January 14, 2021, LANXESS and the seller signed a memorandum of understanding to that effect. The parties have agreed to keep the acquisition price a secret. The acquisition is expected to close in the first quarter of 2021, according to LANXESS. The purchase will increase the biocides market share as INTACE anticipated revenue in half paid higher range by 2020. Paper, paperboard, soap packaging, labels, and banknotes are just a few of the applications for its goods. This business unit's products are utilized in a wide range of applications all around the world. The business unit delivers customer-specific solutions for diverse branches with its wide variety of active antibacterial agents and preservatives.

Increasing Product Demand in Medical Applications to Open Up New Possibilities

The medical business is expanding as a result of increased consumer awareness of health and cleanliness, which is creating market possibilities. This, together with economic growth, is encouraging businesses to use new technology in developing medical solutions. Biocides are chemicals that are added to disinfectants and cleansers used in hospitals and clinics to keep them clean and sterilized. Surgical equipment, tools, surfaces, and fittings are all cleaned with them. The increase in demand can be ascribed to the product's ability to suppress microbial development. Furthermore, the product is used in the food and beverage industry and the leather industry. Thus, growing demand for these products will enable the speedy expansion of the market.

Paints & Coatings to Hold the Lion’s Share

Based on type, the market is segmented into halogen compounds, quaternary ammonium compounds, metallic compounds, phenolic, organic acids, organosulfur, and others.

Based on applications, the market is categorized into water treatment, food and personal care products, cleaning products, furniture and furnishings, clothing and textiles, leather and suede, paints and coatings, fuel preservatives, and others. Paints & coatings are expected to account for the largest share during the forecast period. The growth is attributed to its high utilization in the construction and automotive industry.

 Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

 

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Increased Consumption of Biocides to Boost Market in Asia Pacific

• The rising demand for industrial and consumer applications will stimulate the market in Asia Pacific
• North America is expected to expand radically during the forecast period due to the growing application of biocides in wood preservation.
• The increasing production of cars will elevate the market in Europe during the forecast period.
• The high demand and supply of products from the furniture, automotive, and construction industries will spur opportunities in Latin America and the Middle East and Africa.

 

Thor Group Limited to Account for a High Share

Thor Group Limited manufactures products for a wide range of industrial and consumer uses. To gain a competitive edge in the biocides market, leading manufacturers are employing techniques such as boosting brand recognition, growing regional presence, and launching new product offers. Companies are also investing in technology advancements in order to broaden their product offerings.

 

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US Automotive Tinting Film Market Expanding Worldwide by 2027 | Surging Carbon Emissions to Spur Business Opportunities

 The global automotive tinting film market size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019

The whole world is battling with the newly discovered coronavirus. The government authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused instabilities in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

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Market Driver:

Surging Carbon Emissions to Spur Business Opportunities

The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period.

Market Restraint

Drastic Fall in Car Sales to Thwart Market Development During Coronavirus

The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Europe and North America are expected to experience heavy losses in 2020. The analysts at Fortune Business Insights forecast, the global automotive tinting film sales will drop by 15 or 20% due to the economic recession.

Regional Analysis:

High Adoption of Tinting Films to Boost Growth in Asia Pacific

The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others.

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Key Development:

January 2020: SolarGard, a giant supplier of Automotive Tinting Film headquartered in the US, announced its Asian automotive distribution partnership under the name ShengJia. The launch of a new paint protection brand in China will boost the company’s hold over the Asian Automotive Industry.

The Report Lists the Main Companies in this Market of Automotive Tinting Film:

• The 3M Company (US)
• Eastman Performance Films, LLC {LLUMAR} (US)
• Johnson Automotive Tinting Film, Inc. (US)
• Toray Plastics (America), Inc. (US)
• Solar Gard (Saint-Gobain Performance Plastics Corporation) (US)
• Madico Inc. (US)
• Avery Dennison Corporation (US)
• ZEOfilms (China)
• American Standard Automotive Tinting Film (US)
• Other Players

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