Monday, September 26, 2022

US Metallic Powder Coating Market analysts and researchers have done extensive analysis of the market

 In a recently published report by Fortune Business Insights™, titled, "US Metallic Powder Coating Market Report 2022", the analysts have provided an in-depth overview of the US Metallic Powder Coating Market. The report is an all-inclusive research study of the US Metallic Powder Coating market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The US Metallic Powder Coating market forecast is expected to experience exponential growth by reaching USD 2.91 billion by 2028. This information is published by Fortune Business Insights in its report, titled “US Metallic Powder Coating Market, 2021-2028.” The report further observes that the global US Metallic Powder Coating market forecast stood at USD 1.75 billion in 2020 and is likely to exhibit a CAGR of 6.5% between 2021 and 2028. This is attributable to the increasing demand for advanced metallic coating in powder across the wood industry and the rising residential sector globally.

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 market. The study assesses the market size of the 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.

Key Players in the US Metallic Powder Coating Market Report:

Top companies covered in US Metallic Powder Coatings market are Sun Chemical, TCI Powder, PPG Industries, Inc., AkzoNobel Powder Coatings, Axalta Coating Systems, TIGER Coatings GmbH & Co. KG, Berger Paints India Limited, and other players profiled

Most Important Features in this Report:

1. Detailed market study of the US Metallic Powder Coating market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The US Metallic Powder Coating Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the US Metallic Powder Coating Market:

The US Metallic Powder Coating research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Metallic Powder Coating 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 Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Metallic Powder Coating Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Metallic Powder Coating Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global US Metallic Powder Coating Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Wax Market is set for lucrative growth during 2021-2027 |

 The global wax market is set to gain impetus from their increasing usage in a wide range of applications, such as plastic & rubber additives, candle manufacturing, cosmetics, adhesives, polishes, and coatings. Wax also provides protection to packaged goods from moisture. This information is given by Fortune Business Insights™ in a recent report, The report further mentions that the wax market was valued at USD 7,288.9 million in 2019 and is expected to reach USD 9,249.2 million by 2027, thereby exhibiting a CAGR of 3.1% during the forecast period.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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This Report Addresses the Following Factors:

  • Regions and segments that are expected to dominate or drive market growth.
  • Elaborate information about the major sustainability strategies followed by key companies.
  • Market drivers, barriers, and upcoming opportunities that will affect growth.
  • In-depth analysis of the competitive landscape.

Drivers & Restraints-

Increasing Demand from Packaging Industry to Propel Growth

The emergence of end use industries, such as rubber, plastic, cosmetics, packaging, and candles is surging in the developing regions, namely, Latin America, Africa, and Asia Pacific. But the growth is low in the developed regions, such as Europe and North America. Hence, the ongoing industrialization is anticipated to create more opportunities for such end use industries in the countries situated in these regions. The demand for paraffin wax is high as it is used the most in corrugated packaging. This type of packaging is specially used to pack furniture, food, and similar other goods. The expansion of packaging sector in the developing regions worldwide would contribute to the wax market growth in the coming years. However, animal and plant-based wax involves high manufacturing cost. It may hamper growth.



Segment-

Petroleum Segment to Grow Considerably Backed by Rising Usage of Paraffin

In terms of product type, the market is segregated into animal & plant, mineral, synthetic, and petroleum. Out of these, the petroleum segment held 63.5% wax market share in 2019 and would grow considerably throughout the forecast period. Petroleum products mainly consist of micro-crystalline type, petrolatum, and paraffin. Paraffin is the most commonly used product worldwide. It is highly versatile and possesses a low reactive nature. Therefore, it is best suited for several industrial applications. In addition to this, it is cost-effective, unlike the other types. The animal & plant segment would grow at a fast pace owing to the rising demand for non- carcinogenic, as well as bio-based non-toxic products.

Regional Analysis-

Asia Pacific to Lead Stoked by Abundant Availability of Raw Materials

Based on geography, the market is divided into Europe, the Middle East and Africa, North America, Asia Pacific, and Latin America. Amongst these, North America generated USD 1,940.0 million revenue in 2019. This growth is attributable to the U.S. as the country is considered to be the largest global importer and consumer of wax. Also, the high demand for premium quality bio-based and petroleum candles would aid growth in this region.

Asia Pacific, on the other hand, is likely to lead the market during the forthcoming years. It is set to occur because of the increasing number of end use industries in various countries, as well as the availability of raw material in abundance. Japan, India, and China are the major markets in this region. India is one of the largest producers of beeswax in the world.

Competitive Landscape-

Key Players Focus on Manufacturing New Products to Intensify Competition

The market consists of a large number of companies that are striving to keep up with the latest trends to cater to the needs of their growing consumer bases. They are doing so by either investing hefty amount of money on expansion projects, or are aiming to broaden portfolio by launching innovative products. Below are two of the key industry developments:

  • February 2018: Sasol, an integrated energy and chemical company based in South Africa, inaugurated the completion of its FT Wax Expansion Project (FTWEP). It would strengthen South Africa’s position in the wax industry. The company will now be able to produce high quality waxes equipped with unique characteristics.
  • February 2017: Kerax Limited, a manufacturer & supplier of waxes headquartered in England, introduced its new soy candle wax. It is named KeraSoy. These pillar candle and container waxes are specially developed by the company to manufacture candles with superb glass adhesion, excellent scent throw, and premium quality finish.

Fortune Business Insights™ presents a list of the organizations operating in the global market. They are as follows:

  • Sasol Limited (South Africa)
  • Sinopec (China)
  • Royal Dutch Shell PLC (Netherlands)
  • Exxon Mobil Corporation (USA)
  • The International Group Inc. (Canada)
  • Petróleo Brasileiro S.A. (Brazil)
  • The PJSC Lukoil Oil Company (Russia)
  • PDVSA (Petróleos de Venezuela, S.A.) (Venezuela)
  • Kerax Limited (UK)
  • DEUREX AG (Germany)
  • NIPPON SEIRO CO. LTD. (Japan)
  • Numaligarh Refinery Limited (India)
  • Strahl & Pitsch, Inc. (USA)
  • CALWAX (USA)
  • Poth Hille & Co Ltd. (UK)
  • Cargill, Inc. (USA)
  • Samin Chemical (Iran)

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Smart Glass Market Revenue In US| Smart Glass Industry Future Growth, Trends and Top Key Players

The global smart glass market size is projected to reach USD 15,788.0 million by the end of 2027. The increasing investments in the research and development of low cost and efficient products will bode well for market growth. The increasing integration of these glasses in the aerospace industry will have a positive impact on market growth. According to a report published by Fortune Business Insights, titled “Smart Glass Market Size, Share & COVID-19 Impact Analysis, By Technology (Polymer Dispersed Liquid Crystal Glass, Suspended Particle Device Glass, Electrochromic Glass, Photochromic Glass, and Thermochromic Glass), Application (Architectural, Automotive & Transportation, Consumer Electronics, Power Generation, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 4,651.3 million in 2019 and will exhibit a CAGR of 17.2% during the forecast period, 2020-2027.

Smart glass is widely used across several industry verticals as a medium of display and other interfaces. The product works on the mechanism of light or voltage transmission wherein it changes its appearance whenever the aforementioned factors are passed or applied through it. The massive investments in the research and development of smart glass are consequential to the increasing applications of the product across diverse industries. The rising adoption and subsequently rising demand for smart homes and the integration of technologically advanced devices will create several growth opportunities for the market in the coming years. Due to the massive potential held by smart glass across the world, there are several companies operating across the world. Ultimately, the fierce market competition results in even more innovations and this will have a positive impact on the growth of the overall market in the coming years.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Smart Glass Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Smart Glass Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

Decrease in Product Demand during the Covid-19 Pandemic will have a Negative Impact on SMEs

The recent coronavirus outbreak has had a drastic impact on several industries across the world. With shutdowns in manufacturing units and production houses, the coronavirus outbreak has hampered the economic conditions of most businesses that come under the small and medium enterprise (SME) bracket. The decreasing in demand for these glasses in industrial sectors will have a negative impact on the smart glass market. Having said that, the constant demand for smart homes and the increasing integration of these glasses in smart homes, will provide a platform for growth in an otherwise stagnant market.

Company Mergers and Acquisitions are an Increasing Trend Among Major Companies across the World

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the massive potential held by smart glass across the world, there have been several company mergers and acquisitions in recent times. Due to healthy market competition, large scale companies are looking to acquire start-ups as well as SMEs. In 2020, Smartglass International announced that has forged a partnership with V-stream. The latter is an Ireland-based company and focuses on tech-innovations. Through this collaboration, the companies will look to implement the multi-panel floor-to-ceiling privacy smart glass, specifically for Dell offices in Ireland. Given the massive demand for these glasses in Europe, this collaboration will influence other companies in this sector. The report highlights a few other company mergers of recent times and discusses their impact on the global smart glass market.

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Europe Holds the Highest Market Share; Increasing Product Use in Architectural Design will Emerge in Favor of Market Growth

The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Europe is projected to emerge dominant in the coming years. The rising demand and adoption of these glasses in architectural designs and interiors will have a huge impact on the growth of the regional market. Moreover, the efforts put in to integrate smart glasses in renovations and retrofitting of old infrastructures will also contribute to the growth of the regional market. As of 2019, the market in Europe was worth USD 1,994.7 million and this value is projected to rise at a considerable pace in the coming years.

List of companies profiled in the report:

  • Saint-Gobain (France)
  • View, Inc. (U.S.)
  • GENTEX Corporation (U.S.)
  • Polytronix, Inc. (U.S.)
  • Smartglass International Limited (Ireland)
  • Glass Apps (U.S.)
  • Scienstry, Inc. (U.S.)
  • AGC Inc. (Japan)
  • Research Frontiers (U.S.)
  • Essex Safety Glass (UK)
  • Gauzy Ltd and Entities (Israel)
  • BSG Glass (Thailand)
  • Asahi India Glass Ltd. (India)
  • Schott AG (Germany)
  • Central Glass Co., Ltd. (Japan)
  • Pleotint LLC (U.S.)
  • SPD Control Systems Corporation (U.S.)
  • Other key players

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Steel Wire Market Share, Size, Expected Growth Opportunities and Forecast by 2028 | Know the Russia Ukraine Impact On Steel Wire Industry in US

The global steel wires market size isprojected to reach USD 112.14 billion by 2026, on account of rising in the expenditure by the government to develop the existing infrastructures. Steel wires offer high resistance to shock and deformation, are lightweight, and have high strength. Fortune Business Insights™ provides a detailed analysis of the market in their recently published report titled, “Steel Wires Market Size, Share & Industry Analysis, By Grade (Carbon Steel, Stainless Steel, and Alloy Steel), By End-Use Industry (Automotive, Construction, Energy, Agriculture, and Others), and Regional Forecast, 2019-2026.” As per this report, the market value stood at USD 91.33 billion in 2018 and will exhibit a CAGR of 2.7% during the forecast period set between 2019 and 2026.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Steel Wire Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Steel Wire Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

What is the Scope of the Report?

The report is based on in-depth research and analysis on the steel wires market and suffices to both the qualitative and quantitative needs of the reader. It focuses on significant growth trajectories such as growth drivers, restraints, challenges, and opportunities. The talks about various segments of the market based on factors such as grade, end user, and geography with names of leading sectors and their attributed factors. It discusses the competitive landscape of the market. Additionally, the list of notable players operating in the market is provided in the report, coupled with the key strategies adopted by them to stay ahead of the competition. Current steel wires market trends and key industry developments are highlighted in the report.

Market Drivers

Increasing Number of Dams and Bridge Construction will Add Impetus to Market

Rise in construction activities worldwide is a significant factor in promoting the steel wires market growth. This includes the development of hospitals, schools, and residential buildings that increased the demand for steel wires. Besides this, steel wire has applications in the building of large infrastructures such as towers, dams, bridges, and also for reinforcement and rebar bindings. This will further aid in the expansion of the market.

However, the increasing popularity of plastic ropes for various applications may take over the market for steel ropes, which may challenge the demand for steel wires. The use of plastic ropes instead of steel ropes reduces the overall weight of the machine and the axle load. This may divert manufacturers away from purchasing steel wires and further cause major hindrance to the market growth in the coming years. Nevertheless, a lead analyst at Fortune Business Insights say, “Government-supported investments for the construction of suspension bridges and the implementation of steel wires for such construction activitieswill add impetus to the market.”

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Regional Segmentation:

North America to Dominate Market with High Demand for Construction Activities

From a geographical viewpoint, the global steel wires market is dominated by North America, with a revenue generation of USD 8.24 billion in 2018. This is attributable to the high demand for construction applications in the region. Additionally, Asia Pacific and Europe markets are likely to register a significant CAGR owing to the rise in the need for steel wires from the automobile industries. India and China are leading Asia Pacific with increasing construction activities. On the other side, the market in Latin America will grow steadily with an increase in mining and ore extraction activities. Furthermore, the rising number of gas and oil exploration activities will help the Middle East and Africa witness sluggish growth in the forecast period.

Competitive Landscape:

ArcelorMittalto Lead the Market Enjoying Leading Position with Diverse Portfolio

The competitive landscape of the steel wires market is fragmented in nature. However, ArcelorMittal is dominating the market, owing to the presence of a diverse portfolio that is utilized in a variety of applications. Other companies are focusing on strengthening their product and expansion of their geographical boundaries to attract high steel wire market revenue in the coming years. Furthermore, the increasing demand form the automotive and construction industries are encouraging manufacturers to implement different strategies such as merger and acquisition, product up-gradation and regional expansion and gain a competitive edge in the market in the forthcoming years.

List ofSignificant Steel Wires MarketCompnaies are:

  • Bridon-Bekaert
  • Optimus Steel
  • Kobe Steel, Ltd.
  • JFE Steel Corporation
  • Insteel Industries
  • Byelorussian Steel Works
  • Ferriere Nord S.p.a.
  • ArcelorMittal
  • The Heico Companies
  • HBIS Group Co., Ltd
  • WireCoWorldGroup, Inc.
  • Nippon Steel
  • SHAGANG GROUP Inc.
  • Other Players

KeyIndustry Developments of the Steel Wires Market Include:

March 2019 – The new 8-strand steel rope designed for underground mining applications, called Turbolite, was introduced by WireCo. The key feature of this new steel rope is its lightweight nature and tensile strength with better strength to weight ratio.

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Phosphorus and Derivatives Market to Witness Rise in Revenues During the Period 2020 - 2029

The global phosphorus and derivatives market size is expected to grow from USD 65.13 billion in 2021 to reach USD 85.01 billion in 2028, exhibiting a CAGR of 3.9% between 2021 and 2028. The growing knowledge about the benefits of lithium iron phosphate (LFP) batteries in EVs will spur demand for LFP batteries, therefore aiding the market growth, states Fortune Business Insights, in a report, titled “Phosphorus and Derivatives Market, 2021-2028.” The market size stood at USD 62.78 billion in 2020.

The COVID-19 epidemic has caused the fertilizer business to languish. Crop producers were impacted by logistical issues, production halts or reductions, and workforce shortages, which restricted their access to fertilizers. As a result, fertilizer prices fell by 8.5 percent in May 2020 due to decreased ingredient costs and sluggish seasonal demand. Besides, policymakers in a number of other countries have issued precautionary notices to safeguard the circulation and transit of agricultural commodities in the presence of the pandemic.

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What Does the Report Include?

The market research contains a complete analysis of the key market drivers and constraints, opportunities, and challenges that the industry will encounter during the forecast period. The study offers an in-depth analysis of the industry's geographical changes and how they impact market growth.

Driving Factor:

Heavy Investment in Agricultural Sector to Propel Market

The phosphorus and derivatives market is expected to flourish due to rising fertilizer demand and increased investment by various agricultural sectors. Agriculture will benefit from a growing population and increased food demand. Phosphorus is an important mineral in the bodies of animals and in their diets, where ammonium phosphate is employed as a feed ingredient. Because of its acidic properties, mono-ammonium phosphate (MAP) fertilizers are becoming more popular in animal feed, resulting in increased animal growth and metabolism. Phosphorus and derivatives are essential elements that help fertilizers, food, and detergents maintain their strength and purity. In agricultural cultivation, P derivatives are commonly employed as fertilizers and used to produce water cleaning agents, food items, and detergents. Additionally, the rising agricultural activities will back the development of the phosphorus and derivatives market share.

The Report Lists the Key Players in the Market:

  • OCP (Casablanca, Morocco)
  • Mosaic (Florida, U.S.)
  • Yara International ASA (Oslo, Norway)
  • EuroChem Group (Zug, Switzerland)
  • Solvay (Brussels, Belgium)
  • Prayon S.A. (Engis, Belgium)
  • Ma’aden (Riyadh, Saudi Arabia)
  • Innophos Holdings (New Jersey, U.S.)
  • LANXESS (Cologne, Germany)
  • Italmatch Chemicals S.p.A. (Genoa, Italy)
  • ICL (Tel Aviv-Yafo, Israel)
  • Kazphosphate LLC (Almaty, Kazakhstan)
  • Haifa Group (Haifa, Israel)
  • Omnisal GmbH (Lutherstadt Wittenberg, Germany)
  • Other Key Players

 

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Inauguration of New Plant by OCP Group to Encourage Growth

Morocco's phosphate behemoth, the OCP Group, is working closely with Budenheim, Germany, and Prayon, Belgium, to establish a new purified phosphoric acid production plant. The major development will be inaugurated by OCP's subsidiary Euro Maroc Phosphore (EMAPHOS), a holding company with Moroccan and European partners based in Casablanca, a harbor on the Atlantic Ocean. The announcement of the new plant by OCP will have an excellent impact on this market. Throughout the fourth quarter of 2022, the proposed project will double EMAPHOS' annual production capacity, from 140,000 total phosphorus (TP) 205 per year to 280,000 TP 205 per year. The project is now being evaluated in-depth after finishing the fundamental engineering studies in March 2020. The work is scheduled to begin in the first quarter of 2021. The infrastructure will support the companies' statutory reserves retained.

Market Segments:

Based on type, the market is segmented into ammonium phosphate, phosphoric acid, industrial phosphate, phosphorus pentoxide, and others.

Based on application, the market is classified into fertilizers, detergents, food, flame retardant material, and others. Fertilizers are expected to hold the largest share during the forecast period due to the high utilization of phosphorous-based fertilizers such as MAP, DAP, NPKs, and Single Super Phosphate (SSP).

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

Regional Insights:

Rising Agricultural Activities in China to Foster Growth in Asia Pacific

  • Increasing agricultural activities and the rising income of farmers will push the growth of the market in the Asia Pacific.
  • Adoption of modern agriculture techniques will favor immense growth in North America.
  • Europe is expected to experience a significant growth rate during the forecast period due to the high demand for laundry care products and detergents
  • The Middle East and Africa is expected to rise exponentially during the forecast period due to the rising demand for phosphorus pentoxide in the agriculture industry.

Competitive Landscape:

Launch of Innovative Products to Increase Competition

Various researchers and prominent companies are doing R&D on converting red phosphorus into black phosphorus. For instance, in November 2020, the Advanced Materials Laboratory and the Advanced Nanomaterials and Manufacturing Laboratory researchers collaborated with Iris Light Technologies to research mechano-chemically synthesized black phosphorus. This agreement will turn commercial red phosphorous into optoelectronic quality black phosphorus at a low cost using high-energy ball milling. As a result, adopting a ball milling conversion process will lower the cost of producing black phosphorus.

Key Development:

November 2020: AgroLiquid introduced a liquid phosphorus product, springuP, to its crop nutrition portfolio. This product is a voluntarily available product that encourages growers to get their crops off to a convincing start.

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Gelcoat Market Key Drivers, Industry Size, Regional Investments and Top Segments Data Forecast by 2029 | Increasing Demand from Wind Energy Sector will Bolster Growth

 The global gelcoat market size is projected to witness exponential growth on account of rising in demand for improved fire resistant and UV resistant gelcoats from wind and aerospace industries worldwide. Gelcoat is the smooth hard surface layer of polyester resin used in fiberglass structure. Fortune Business Insights™ in their recently published report

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.

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Report Highlights

  • A 360-degree overview of the market
  • Factors boosting, repelling, challenging, and creating opportunities for the market
  • Detailed segmentation of the market with names and figures of leading segments
  • Significant industry developments and other interesting insights into the market
  • Other gelcoat market trends
  • List of major players functioning in the gelcoat market and their major strategies to attract revenue

Market Drivers

Increasing Demand from Wind Energy Sector will Bolster Growth

Various factors are responsible for boosting the market including the increasing use of composites in multiple industries, and the useful properties that gelcoats offer such as high-quality fiber finish,smooth and shiny appearance and others. In addition to this, the increasing demand for gelcoat from the transportation industry will also promote the gelcoat market growth.

On the contrary, the porous nature of gelcoat may result in cracking which is a major drawback. This, coupled with the rising inclination towards closed molding processes may cause major hindrance to the overall growth of the market in the forecast period. Nevertheless, the increasing demand for gelcoat from the emerging wind energy industry is anticipated to create lucrative growth opportunities for the market in the near future.

Regional Segmentation:

Europe will Emerge Dominant Owing to Reviving Marine Industry

Geographically, the global gelcoat market is widespread into the regions of North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each of these regions is further categorized into various nations. Out of these, the market is dominated by Europe on account of the revival of the marine industry in the region and the substantial transformation of the shipbuilding industry. In addition to this, the presence of large number of original equipment manufacturers and original component manufacturers (OEMs and OCMs) in the region will also augment the regional market growth.Besides this, Asia Pacific will earn significant gelcoat market share in the forecast period on account of increasing number of shipbuilding contracts and progressed financial leasing in China. This,coupled with the stable wind and marine energy industries are likely to help Asia Pacific market gain impetus in the coming years.

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Competitive Landscape:

Presence of Many Players will Intensify Market Competition

The global gelcoat market witnesses the presence of many players. This fragmented nature of the market is likely to intensify the overall competition. Companies are focusing on producing new gelcoats with better composure so as to gain a competitive edge in the market. Therefore, they are making huge investments for the same. Besides this, players are also engaging into mergers and acquisitions, joint ventures, and contracts and agreements, along with other strategies to attract high gelcoat market revenue in the coming years.

List of Important Players Operating in the GelcoatMarketinclude:

  • INEOS Composites
  • Scott Bader Company Ltd.
  • Turkuaz Polyester
  • BÜFA Holdings
  • Resoltech
  • Gurit
  • Ashland Inc.
  • HK Research Corp.
  • Fiberglass Coatings Inc.
  • Sea Hawk Paints
  • Akzo Nobel
  • Soromap Group
  • Spectrum Color
  • Sicomin Epoxy Systems
  • Other notable players

SignificantIndustry Developments of the Gelcoat Market include:

September 2018 – A new conductive gelcoat was formed by Bufa Composite System GmbH. This new gelcoat can eliminate electrostatic charges and increase the overall quantity of components.

November 2018 – A definite agreement was signed between Ashland Inc. and Ineos Enterprise for taking over the composite manufacturing segment that offers gelcoats to maintain a consolidate portfolio.

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UK Nitric Acid Market to reach USD 27,536.9 million by 2027

 In a recently published report by Fortune Business Insights™, titled, "UK Nitric Acid Market Report 2022", the analysts have provided an in-depth overview of the UK Nitric Acid Market. The report is an all-inclusive research study of the UK Nitric Acid market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The global UK Nitric Acid market share is expected to reach USD 27,536.9 million by 2027, exhibiting a CAGR of 3.5% during the forecast period. The booming automotive industry in developing nations has led to high consumption of this acid, which, in turn, will bode well for the market, states Fortune Business Insights, in a report. The UK Nitric Acid market share size stood at USD 22,268.1 million in 2019.

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 market. The study assesses the market size of the 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.

Key Players in the UK Nitric Acid Market Report:

Top companies covered are BASF SE, Nutrien, DuPont, CF Industries Holdings, Inc, Omnia Holdings Limited and many more profiled players in UK Nitric Acid market research report

Most Important Features in this Report:

1. Detailed market study of the UK Nitric Acid market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The UK Nitric Acid Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the UK Nitric Acid Market:

The UK Nitric Acid research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the UK Nitric Acid 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 Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global UK Nitric Acid Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global UK Nitric Acid Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global UK Nitric Acid Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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