Market Research Blog

ESD Tapes & Labels Market Overview (2022-2032)

ESD tapes and labels are constructed of conductive or dissipative materials that conduct or dissipate static discharge as soon as it builds up on the surface. Masking, marking, labeling, and electrical shielding are all applications for ESD tapes. It is required that these tapes and labels endure high temperatures.

Recent developments in the global technology industry indicate that the internet of things (IoT) market is quickly expanding, influencing demand for a wide range of electrical, electric, and communication equipment.

Smartphones and other communication and computer gadgets will have an impact on the growth of the ESD tapes and labels market. Overall, the ESD tapes and labels market is expected to develop at a strong CAGR throughout the projected period, with great market opportunities.

Electronics and electrical manufacturing service providers account for a substantial portion of the need for ESD tapes and labels. Outsourcing of product design and production by original equipment manufacturers (OEMs) has increased significantly in recent years.

As a result, the ESD tapes and labels markets in Bangladesh, India, ASEAN, and China are expanding at a rapid pace. This shift is projected to raise global demand for ESD tapes and labels.

Major electronics and electrical manufacturing service providers are concentrated in the Asia Pacific area, with China and Japan in the forefront. India is predicted to expand at the fastest CAGR in the electronics and electrical and aerospace manufacturing service markets.

This is because to government efforts such as “Make in India,” “Smart City,” “UDAN (regional airport development and Regional Connectivity Scheme),” and others. Growing massive infrastructure development projects in the Asia Pacific region, such as One Belt One Road (OBOR), China Pakistan Economic Corridor (CPEC), and Sagarmala Project (India), are expected to boost demand for electronic and electrical, as well as fiber optic devices, driving the ESD Tapes & Labels market.

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The APEJ ESD tapes and labels industry is predicted to dominate the worldwide market. APEJ accounts for approximately 40% of the global electrical and electronics manufacturing market. Ultratape Industries, Inc., Polyonics, Inc., Desco Industries Inc., 3M Co., JSC “IDON”, Electrotek Static Controls Pvt. Ltd., and others are among the key competitors in the worldwide ESD tapes & labels market.

ESD Tapes & Labels Market: Introduction

Electro static charges can accumulate for longer times in conventional adhesive labels or tapes when they are removed of their liner, because the adhesives used generally are insulators. Therefore it may cause some ESD related hazards, they are not suitable to use in printed circuit boards, integrated circuits, mother boards, microprocessors, batteries and other electric and electronic components.

ESD tapes & labels are made with conductive or dissipative materials, as soon as the static discharge builds on the surface they conduct or dissipate it. ESD tapes are used for the purpose of masking, marking, labelling and conductive shielding. There is a requirement that, these tapes & labels should withstand high temperatures.

Recent trends in global technology sector shows that the internet of things (IoT) market is rapidly growing, which influences the demand for lot of electronic, electric and communication devices. The market penetration of smartphones & other communication and computing devices to influence the growth of ESD tapes & labels market. In PCB soldering and other electronic & electrical manufacturing, ESD masking tapes are used.

These will protect the other electronic components such as capacitors, diodes, transistors, ICs on the board from ESD damages. ESD signage labels are used to caution in ESD protected areas. Overall the ESD tapes & labels market is estimated to grow at a healthy CAGR, with bigger market opportunity during the forecast period.

ESD Tapes & Labels: Market Dynamics

The demand for ESD tapes & labels is largely contributed from electronics & electrical manufacturing service providers. In last few years outsourcing of product design & manufacturing by original equipment manufacturers (OEMs) has grown considerably. In the last decade the automotive, electrical and electronic manufacturing in western developed world has been shifted to developing eastern world, to exploit cheap labour and cheap manufacturing costs.

Due to this, Bangladesh, India, ASEAN and China ESD tapes & labels market are growing at a rewarding growth rates. This change is expected to drive the global demand for ESD tapes & labels market.

Major electronics & electrical manufacturing service providers are located in Asia Pacific region, where China and Japan stands at the top. By country, India is expected to growing at the highest CAGR in electronics & electrical and aerospace manufacturing service market.

This is due to government initiatives like “Make in India”, “Smart City”, “UDAN (regional airport development and Regional Connectivity Scheme)” and other initiatives. Growing massive infrastructure development projects in Asia Pacific region e.g. One Belt One Road (OBOR), China Pakistan Economic Corridor (CPEC), and Sagarmala Project (India) etc. are expected to boost the demand for electronic & electrical and fibre optic devices, which in turn is expected to drive the ESD Tapes & Labels market.

ESD Tapes & Labels are used in labelling, masking, conductive shielding and as signage in manufacturing & packaging of Integrated circuits (ICs), microprocessors, PCBs, Capacitors, CDs, Cell phones, batteries, reels & tapes, TVs, and other automotive electronic and electrical parts.

Growing middle class population and changing lifestyle in emerging markets such as China, India, Brazil, Argentina, Mexico, South Africa and Nigeria is influencing the demand for automotive and electric & electronics goods, which in turn is driving the demand for ESD tapes & labels. Overall, the global ESD tapes & labels market is expected to grow at a healthy CAGR during the forecast period.

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ESD Tapes & Labels: Market Segmentation

The global ESD tapes & labels market is segmented on the basis of product type, face material type and end-use. On the basis of product type, the global ESD tapes & labels market is segmented into ESD Tapes, ESD Labels. ESD Labels is further sub segmented into Masking Tape, Conductive Shielding Grid Tape and Marking Tape.

On the basis of face material type, the global ESD tapes & labels market is segmented into PET, PA, Polyester and Others. On the basis of end-use, the global ESD tapes & labels market is segmented into electronic & electrical manufacturing, automotive & mechanical parts, aerospace, defence and others.

ESD Tapes & Labels Market: Regional outlook

ESD tapes & labels market has been segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. ESD tapes & labels market in APEJ is expected to dominate the overall global market. APEJ contributes approx. 40% in overall global electrical & electronics manufacturing market.

Key players

Some of the players in the global ESD tapes & labels market are Ultratape Industries, Inc., Polyonics, Inc., Desco Industries Inc., 3M Co., JSC “IDON”, Electrotek Static Controls Pvt. Ltd. and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Related Links –

https://www.patreon.com/user?u=72082925

https://nk99fmi.hashnode.dev/active-smart-and-intelligent-packaging-market-2022-present-scenario-and-growth-prospects-2027

https://hackmd.io/@gIcs53uxSgCBwWUrR-iMXQ/By9QEi3Xo

https://theomnibuzz.com/active-smart-and-intelligent-packaging-market-2022-industry-research-segmentation-key-players-analysis-and-forecast-to-2027/

https://www.homify.co.uk/users/9006761/nk99fmi

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

 

Cosmetic Filling Machines Market: Overview

Innovations in the packaging industry are likely to play a vital role in refining the efficiency as well as the marketability of the products. In the cosmetics & personal care industry, machines are extensively used by product manufacturers for efficient packaging of their products. One of such machine is the cosmetic filling machine which enables the cosmetic brand owners to fill desired quantity of end-product into the containers at a high speed.

Several cosmetic industry products such as deodorants, makeup & colour cosmetics, fragrances, etc. are highly benefit highly from cosmetic filling machines which ease up the process in the assembly line and does not require any human touch in product filling.

Hence, cosmetic filling machines to a much extend have reduced the chances of naturally occurring bacteria that involve in contamination of the product. To cover larger consumer base along with the competitive advantage others, cosmetic product manufacturers are highly investing in the cosmetic filling machines market.

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Cosmetic Filling Machines Market: Drivers & Restraints

Filling machine is mainly driven by the features such as atomization which gears up the process of a product filling in the required form with accuracy and thus is a key factor for the growth of the cosmetic filling machines market. With increasing number of filling machine in the cosmetic packaging industry, there has been a sharp decrease in the filling process time, and also, has reduced the possibility of human error involved, as this machines are largely operated with the support of a computer.

However, some challenges faced with the usage of cosmetic filling machines is that its operations require a set of skilled workers to operate, and appointment of any unskilled labours can lead serious damages to the machine during its operations. This factor can act as a restraining factor for the growth of cosmetic filling machines market over the forecast period.

Cosmetic Filling Machines Market: Regional Overview

Geographically, the global cosmetic filling machines market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

Cosmetic filling machines market is directly relational to the growth of cosmetic & personal care industry across the world. Over the coming years, a sizable economic growth is expected from the developing economies like China, India, Brazil, South Africa etc. Growing demand for cosmetic products coupled with rising population with high disposable income is likely to drive the overall growth in cosmetic & personal care industry in the Asia-Pacific region.

Thus, this region is likely to dominate the global cosmetic filling machines market. In contrast, the North America and the European region are fairly mature markets in terms of technology progression in filling equipment market and are likely to display a steady growth rate during the forecast period.

Again, with the growing urbanization coupled with an upsurge in disposable income in the Latin American as well as Middle-East & African region, it is likely to witness substantial growth in cosmetic filling machines market over the forecast period.  Overall, global cosmetic filling machines market is anticipated to grow at a healthy CAGR over the forecast period.

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Cosmetic Filling Machines Market: Key Players

Some of the key players that currently operate in cosmetic filling machines market across the globe are E-PAK Machinery, Inc., Liquid Packaging Solutions, Inc., Bosch Packaging Technology, OPTIMA packaging group GmbH., Filling Equipment Co Inc., Accutek Packaging Equipment Companies, Inc., Ronchi Mario S.p.A., All-Fill Inc., Filamatic, PKB Inc., and many more.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Cosmetic Filling Machines Market: Segmentation

On the basis of machine type, the cosmetic filling machines market is segmented into:

• Overflow filling machine
• Gravity filling machine
• Piston filling machine
• Pump filling machine
• Flow meter filling machine
• Others

On the basis of containers to be filled, the cosmetic filling machines market is segmented into:

• Tubes
• Bottles
• Pouch
• Bags
• Other

On the basis of viscosities of fluids to be filled, the cosmetic filling machines market is segmented into:

• Highly viscous liquids
• Moderately viscous liquids
• Lower viscous liquids

Related Links –

https://issuu.com/nk99fmi/docs/active_smart_and_intelligent_packaging_market_

https://www.slideshare.net/niranjankarde/active-smart-and-intelligent-packaging-market-2022-key-players-swot-analysis-key-indicators-and-forecast-to-2027

https://www.pearltrees.com/niranjankarde/item477915890

https://www.evernote.com/client/web?login=true#?an=true&n=8b2f7cee-359d-7263-221e-a872aa5b1285&

https://medium.com/@nk99fmi/active-smart-and-intelligent-packaging-market-2022-scope-of-current-and-future-industry-2027-92a05ba5eb7f

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

Furfuryl alcohol (C4H3OCH2OH), also known as 2-furylmethanol or 2-furancarbinol, is an organic compound containing a furan substituted with a hydroxymethyl group. Furfuryl alcohol is made from furfural by means of catalysis with hydrogen. It is colourless or pale yellow in appearance and finds adoption in various applications. As a result, the global market for furfuryl alcohol is expected to witness significant growth in 2018, reaching a market value of US$ 836.2 Mn with a y-o-y growth rate of 4.5% as compared to 2017. Furthermore, the global demand for furfuryl alcohol will also be influenced by the rising utilisation of the chemical in pharmaceutical solvents and wood impregnation.

The strong shift towards the development of bio-based chemicals against the backdrop of volatile petrochemical prices is expected to remain a key driver for the growth of furfuryl alcohol market. Predominantly, over the years, the consumption of furfuryl alcohol in foundry resins has reached an unprecedented level, owing to the physical and chemical properties possessed by furfuryl alcohol.  Increasing industrial production, relatively stable economic conditions and consistent growth in automotive sales in various regions such as India, SEAP and China are the factors estimated to drive the growth in the demand for furfuryl alcohol.

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In the recent past, the furfuryl alcohol market has witnessed significant developments from the competition perspective. Production capacity expansion and commencement of production are some of the preferred strategies opted by prominent players to sustain and enter in the global furfuryl alcohol market.

Based on the application, the foundry resin segment is expected to remain dominant in terms of the global furfuryl alcohol market volume share and account for approximately an 88.6% share by the end of 2028.

Based on source type, corn cob raw material is expected to remain behemoth in the global market and account for more than 86% of the revenue by 2028-end. Corn cob is one the most consumed raw materials in the production of furfural and then, furfuryl alcohol. On the other hand, the production of furfuryl alcohol from sugarcane bagasse is expected to grow at a CAGR of 6.4%. In terms of growth, bagasse will remain one of the most attractive segments. Importantly, sugarcane bagasse has a yield just next to that of corn cob.

In 2017, China was the most attractive region in the global furfuryl alcohol market and accounted for more than 61.3% of the global market share. Further, being at the forefront in terms of furfuryl alcohol production and consumption, China is pegged to control the global furfuryl alcohol market in the future as well.

The increasing demand for furfuryl alcohol has influenced prominent manufacturers to expand their production facilities. In India, various manufacturers are poised to start the production of furfuryl alcohol on account of the anticipated demand rise in the coming years.

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Hongye Holding Group Corp., Ltd., Zibo Huaao Chemical Co., Ltd., International Furan Chemicals B.V., China XLX Fertilizer Ltd., Aurus Speciality Company Limited, Xingtai Chunlei Furfuryl Alcohol Co., Ltd., Silvateam, Shijiazhuang Worldwide Furfural and Furfuryl Alcohol Furan Resin Co. Ltd., KRBL Ltd. and Illovo Sugar (PTY) Ltd. are some of the key players involved in the global furfuryl alcohol market.

Furfuryl Alcohol Market: Segmentation

Application

• Corrosion Inhibitor
• Foundry Resin
• Solvents (Pharmaceutical and Others)
• Others (Adhesives, Lubricants etc.)

Source Type

• Sugarcane Bagasse Raw Material
• Corn Cob Raw Material
• Others (Wheat bran, oats, wood, etc.)

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• China
• India
• Japan
• SEA & Pacific
• Middle East & Africa

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The growing demand for building or structure safety measures across residential, commercial and industrial sectors are key factors driving the global calcite market. According to a study by Future Market Insights (FMI), calcite sales will continue rising in response to increasing industrial applications and rising construction activities. According to FMI, the market will surpass US$ 15.14 Bn by 2021.

The demand for ground calcium carbonate or GCC calcite will remain significantly high. It is expected account for over 60% of calcite sold globally in 2021. Increasing demand for cement has resulted in significant growth in demand for calcite. Besides this, the demand from paper and pulp industry will enable the market exhibit consistent growth through the forecast period.

The global calcite market is anticipated to grow owing to the increasing investment towards residential and commercial construction. Besides this rapid urbanization will pave way for the expansion of the market. This is especially true in case of developing countries in the East. Following temporary period of sluggish growth amid COVID-19, construction sector revival is on cards for countries such as India and China.

According to the Invest India, the construction industry in India is expected to record a CAGR of 15.7% by 2022. Considering this, India will continue presenting lucrative growth opportunities for the market through the forecast period.

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Key Takeaways of Global Calcite Market Study

• The U.S. will account for over 80% of the North America calcite market in 2021
• The overall value of the calcite market in the U.K. will surpass US$ 560 Mn in 2021
•  France and Germany will remain lucrative markets for calcite backed by increasing construction activities
• Surging investment in infrastructural development will continue fuelling demand in Japan and South Korea

“As a result of operating in a highly competitive environment, market players have been focusing on product improvement and launches as key strategies to gain competitive edge. Besides this, some of them are seeking out strategic collaborations to expand their footprint as well as product portfolio” says a lead FMI analyst.

Market Landscape Continues to Remain Moderately Fragmented

The global calcite market has been identified as a significantly fragmented market with an unorganized sector occupying major section. The Tier 1 manufacturers account for maximum share in the global market. Some leading players included in the report are Imerys S. A.,  Omya AG, J. M. Huber Corporation, Minerals Technologies Inc. and Gulshan Polyol Ltd. Tier 2 manufacturers such as ASEC Company for Mining,  Esen Mikronize A.S,  Wolkem India Ltd., Shandong CITIC Calcium Industry Co., Ltd. and Tier 3 manufacturers such as Columbia River Carbonates, Jay Minerals, Golden Lime Public Co., Ltd., Longcliffe Quarries Ltd., Vietnam CMT Joint Stock Company, Mississippi Lime Company and many regional players’ manufacturers across the globe are anticipated to create tough competitive environment on the global level.

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How is Calcite Sale Affected by Applications in Construction Industry?

The growth in the construction industry is expected to have high impact on the demand for calcite in the building materials market. The demand for building materials is increasing due to the ongoing constructions activities in both commercial and residential sectors. The cement production has been increasing significantly in recent years owing to the high investment in infrastructure development activities.

This has emerged as a chief factor fuelling the demand for calcite in countries such as China, UAE, Saudi Arabia, India, and others. Thus, the increasing use of building materials and cement in these countries will significantly affect calcite market growth

Want to Know More?

Future Market Insights, in its new report, offers an unbiased analysis of the global calcite market, analysing historical demand from 2016-2020 and forecast statistics for 2021–2031. The study reveals growth projections on the calcite market on the basis of type (GCC and PCC), by size (coarse and fine), and by applications (pulp & paper, polymer & plastic, paints & coatings, cement, adhesives & sealants, and agriculture) across key regions (North America, Latin America, Europe, South Asia & Pacific, East Asia, Middle East and Africa)

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
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With changing global scenario in terms of energy saving initiatives, innovations and advancements in in insulation technology, the global polyisocyanurate insulation market is likely to undergo major changes major changes in the coming years. Growing building and construction industry is expected to create positive impact on the growth of polyisocyanurate insulation market.

Future Market Insights envisages that the demand for polyisocyanurate insulation is projected to expand at robust CAGR of 6.1% in terms of value during the forecast period, 2022-2028. Moreover, the valuation of polyisocyanurate insulation is forecast to reach US$ 19,030.6 Mn by the end of 2028, as per the report. Growing awareness and importance of energy saving is the key driver, positively impacting the growth of polyisocyanurate insulation market.

Rigid foam/board type insulation is expected to dominate the North America polyisocyanurate insulation market and spray type is likely to gain traction owing to its easy processability and application in wall assemblies. Growth in North America will mostly be driven by innovative product development and adoption of new regulations.

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Diverse Benefits Making Polyisocyanurate Insulation Popular in Commercial and Residential Construction Markets

Application of polyisocyanurate insulation includes cold storage warehouses, private offices, medical buildings, airports and other industries that requires insulation materials. Consumers are increasingly adopting sources for energy-efficient outcomes and moving towards sustainability, further driving the adoption of polyisocyanurate insulation materials across industry verticals. Considered stable for a wide range of temperature, builders are increasingly using light weighted polyisocyanurate insulation materials for conventional roof and wall assemblies.

Most importantly, sales of polyisocyanurate insulation materials is significantly rising considering key environment friendly aspects such as being CFC, HCFC, HFC free blowing agent along with zero ozone depletion potential. Polyisocyanurate insulation is used in over 70% of commercial and residential markets for both wall and roof applications. The construction industry is under immense pressure to achieve increasing levels of energy performance and minimize environmental impact associated with increased energy consumption.

Intensifying Demand for Efficient Cold Chain Operations to Fuel Polyisocyanurate Insulation Sales

Close to US$ 750 Bn worth of food being wasted or lost, each year is putting global trade agencies in a tough spot. Since, most of these losses stem from poor supply cold chain networks along with lack of trained personnel involved in storage and transportation, significant demand for refrigerated trucks and carriers with efficient insulation is anticipated to drive the polyisocyanurate insulation adoption. Global trade associations and organizations are focusing on developing a robust global cold chain network through improved regulatory framework, encouraging investment in development of efficient cold chain networks, utilizing polyisocyanurate insulation material in the refrigerated freight services market.

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Sales of Eco-Friendly, Energy Saving Polyisocyanurate Insulation Products Anticipated to Augment Through 2028

Recyclable and in accordance with new insulation standards, polyisocyanurate insulation possesses practically no global warming potential and zero ozone depletion potential, making it a widely used eco-friendly insulation material, with highly attractive growth prospects in the coming years. Moreover, an array of initiatives have been taken up by Governments, in a bid to reduce CO2 emissions. Growing public awareness apropos of climate change has proliferated the need for renewable energy systems and energy waste reduction initiatives. This increasing public awareness has also resulted in immense opportunities for manufacturers to develop high-performance insulation products. Using polyisocyanurate insulation would contribute directly to the initiatives associated with energy conservation, eventually mitigating the effects of global warming.

Innovative product development to improve efficacy, expansion of production capacity to cater to the growing demand for polyisocyanurate insulation in niche applications, and other feasibility studies coupled with strengthening distribution network to maintain the adequate supply of polyisocyanurate insulation are some key strategies adopted by top players to solidify their positions in the market.

Key Segments Covered

By Product Type

• Liquid
• Spray
• Rigid Foam/Board

By Application

• Acoustic
• Thermal
• Hybrid

End Users

• Building & Construction
• Transport
• Consumer appliances
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• South East Asia & Pacific (SEA&P
• Middle East & Africa (MEA)
• China
• Japan

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Key Players in the Polyisocyanurate Insulation Market

Some of the key players reported in this study of the polyisocyanurate insulation market include DowDuPont Inc., Owens Corning Insulating Systems, LLC, Saint-Gobain, Kingspan Group plc., Honeywell International Inc., Johns Manville Corporation, Stepan Company, IKO Industries Ltd., Soprema Group, Knauf Insulation, Atlas Roofing Corporation, Rmax Operating LLC, GAF Materials Corporation, Carlisle SynTec Systems and Hunter Panels.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com

 

 

As per a latest market study by Future Market Insights (FMI), the demand for metalworking fluids market is projected to grow at 3.7% CAGR between 2021 and 2031, reaching US$ 9.61 Bn in 2021.  With a favorable demand outlook, sales of metalworking fluids are poised to total 36,67,557.1 Tons by 2031.

Increasing adoption of metalworking fluids for the production of key metal components in the transportation equipment and heavy machinery industries will continue augmenting market growth.

Growing preference for lightweight metals such as aluminum, copper, and zinc in production of complex components used in high performance applications is anticipated to boost sales of metalworking fluids over the forecast period.

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Rapid urbanization and population growth are leading to a surge in demand for private transportation vehicle and increased spending on public transport. The automotive industry has been a key beneficiary of this trend, as automotive sales continued increasing in developing countries such as China, India, Saudi Arabia, and ASEAN nations.

Similar growth has been recorded in these markets for public transportation facilities such as metro trains, resulting in high demand for metalworking fluids in the automotive and transportation sectors.

However, various stringent regulations regarding the usage of harmful synthetic chemicals are restricting the market growth. To counter this issue, manufacturers are investing in research and development activities to develop eco-friendly lubrication solutions.

Emergence of bio-based fluids, and other multifunctional fluids to reduce incompatibility will continue providing tailwinds to metalworking fluids sales in the forthcoming years.

Key Takeaways from Metalworking Fluids Market Study

• Transportation equipment is the leading consumer of metalworking fluids, accounting for and more than half of the overall metalworking fluids produced.
• Sales of straight oils are projected to increase by 3.1% year-over-year in 2021.
• Based on product type, sales of metal removal fluids are projected to command over 50% of the total metalworking fluids market share.
• The U.S. will continue dominating the North America metalworking fluids market, growing by 3.0% year-over-year rate in 2021.
• Demand for metalworking fluids in Germany is anticipated to rise at a 3.5% CAGR through 2031.
• China will emerge as a lucrative metalworking fluids market, expanding at a 5.1% CAGR over the forecast period.
• Japan and South Korea will collectively account for 9.7% of the total metalworking fluids market share.

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Metalworking Fluids Market: Participant Insights                                               

Key players operating in the global metalworking fluids market comprise ExxonMobil Corporation, Idemitsu Kosan Co. Ltd., Quaker Chemical Corporation, FUCHS Petrolub SE, TotalEnergies SE, Apar Industries Limited, Yushiro Chemical Industry Co. Ltd., Cimcool Industrial Products LLC, and Metalworking Lubricants Company.

As per FMI’s analysis, top 5 players including Quaker Chemical Corporation, ExxonMobil Corporation, TotalEnergies SE, Idemitsu Kosan Co. Ltd. and BP plc. are projected to account for 45-55% of the total metalworking fluid market share.

In efforts to gain a competitive edge, leading players are focusing on research and development to launch new and innovative products that are more efficient and comply with various stringent regulations. In addition to this, collaborations, mergers, and acquisitions will remain effective growth strategies among players over the assessment period.  For instance:

• In 2021, Quaker Chemical Corporation announced the beginning of a new joint venture with Grindaix GmbH, which is a German provider of high-tech coolant control solutions and delivery systems.
• In 2021, Idemitsu and IHI Corporation announced that they had concluded a joint agreement to establish a supply chain network for ammonia.

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More Insights into the Metalworking Fluids Market Report

In its latest report, FMI offers an unbiased analysis of the global metalworking fluids market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of category (straight oil, emulsified oil, semi-synthetic oil, and synthetic oil), product type (removal fluid, protection fluids, forming fluids, and treating fluids) end-use type (metal fabrication, heavy machinery, transportation equipment, and general manufacturing) and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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Future Market Insights delivers key insights on the global zinc chloride market in its latest report titled ‘Zinc Chloride market: Global Industry Analysis 2017-2021 and Opportunity Assessment, 2022-2028.’ The long-term outlook of the global zinc chloride market remains positive and its market value is expected to increase at a CAGR of 4.8% during the forecast period (2022 – 2028).

On the basis of grade type, the global zinc chloride market is dominated by the high purity grade segment, which accounts for ~43.6% of the global zinc chloride demand. The segment is estimated register a moderate CAGR over the forecast period and the demand for the segment is mostly driven by the chemical industry. Battery grade zinc chloride is widely used in the manufacturing of dry cell batteries.

Technical grade and commercial grade zinc chloride segments are projected to witness high acceptability and growth rates in the latter half of the forecast period as these grades are used in electronic and other industrial applications. Global sales of zinc chloride is valued at US$ 270.9 Mn by the end of 2018 – witnessing Y-o-Y growth of 4.6% over 2017. China accounts for a value share of ~21.9% of the global zinc chloride market in 2018 end and it is anticipated to register significant demand for zinc chloride from chemical and agriculture industries.

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Zinc chloride or ZnCl2 is a deliquescent salt, which is white in color and forms acidic solutions in polar organic solvents such as ether, acetone, water and ethanol. Zinc chloride is hygroscopic in nature and thus, must be kept away from water vapors and moisture sources. By adding zinc chloride and acetone, a neutral solution of zinc chloride is prepared.

Increasing demand for zinc chloride from chemical and textile industries can be attributed to the growth in usage in these industries. Other than this, zinc chloride also finds a number of other applications in various end-use industries such as in galvanizing, tinning of fluxes and soldering. It can also be used as an odor controller, due to which its demand is increasing in the market. The reaction of sulfide with zinc chloride minimizes the release of H2S gas in waste water treatment facilities, thereby aiding in odor control. Zinc chloride is used in the rubber industry for the vulcanization of rubber. That apart, dissolution of cellulosic fibers in scrap is done with the help of zinc chloride. Zinc chloride is also used for various other applications such as textile finishing, liquid fertilizers, organic synthesis, dry cell batteries and wood preservatives, among others.

However, the global zinc chloride market is projected to face numerous challenges as zinc chloride is toxic in nature and can cause skin & eye burns. Zinc chloride and water, on contact with eyes, can cause permanent damage. Such factors are further expected to hamper the growth of the zinc chloride market.

One of the recent trends observed in the global zinc chloride market includes the use of zinc chloride as a catalyst in the automotive industry.

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Segmentation Analysis

• On the basis of grade type, the high purity grade segment is projected to remain dominant throughout the forecast period with a share of ~43.6% by the end 2018
• On the basis of application type, the global zinc chloride market is projected to be dominated by the dry cell batteries segment, which is expected to register a CAGR of 4.5% over the forecast period. However, the catalyst segment is expected to witness a higher growth rate
• On the basis of end use, the use of zinc chloride in the chemical industry is projected to remain the relatively larger end use segment; however, other applications such agriculture and electronics are expected to expand at relatively moderate growth rates

Regional Analysis

From a regional perspective, China is projected to dominate the global zinc chloride market throughout the forecast period. The region is a production base for a number of global manufacturers and also, exports to Asian and other countries. North America also holds a significant share of ~20% in the global zinc chloride market with the U.S. representing the major market demand. India is projected to be a higher growth country with significant growth opportunities in the latter half of the forecast period. ASEAN, Poland, Brazil and other countries are majorly dependent on the import of zinc chloride from the U.S., China and Europe. Therefore, a number of manufacturers are planning to strategically invest in expanding their sales and production footprint in the region. Latin America and MEA are projected to remain low volume – high growth regions over the forecast period.

Vendor Insights

The report highlights some of the top companies operating in the global zinc chloride market such Zaclon LLC, Flaurea Chemicals, Vijaychem Industries, FInOrIC, American Elements, Pan-Continental Chemical Co., Global Chemical Co. Ltd., TIB Chemicals, S.A. Lipmes, Haihua Industry and Yanggu Zhongtian Zinc Industry Co. Ltd., among others.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Solvent-borne paints occupy a major share in the global market, however, with international rules and regulations playing their own cards, the market is set to shift its paradigm towards water-borne inks and paints.

The paint industry is growing at a modest rate after the recent economic recession of the 21st century. Solvent-based paints, used primarily for different types of coatings, captures a very large market volume of paints. However, high cost of solvent-based paints along with stringent regulations imposed by government agencies across the globe are pushing the paint and coatings industry to shift their technology to water-borne paints.

Increasing use of aliphatic hydrocarbons, ketones and aromatic hydrocarbons as solvents is the major cause of environmental and health concerns. Water-borne solvents are considered the best alternative source for paint industries. With almost nil environmental effect, it is seen to streamline the business operations of the paint and coatings industry in the near future.

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It is expected that the markets operating in the paint and coatings domain will see a moderate CAGR in between 2014 and 2020. The key driving factor behind this vertical surge can be attributed to the fact that end-user applications such as industrial, architecture, wood coatings, packaging, coil coatings, marine protective coatings and aerospace coatings are growing at an exponential rate.

Of all these, architecture is the focused area for paint industries. It will determine the growth trajectory of the water-borne paint industry by 2020.

China and India are potential markets for the water-borne paint industry in the Asia-Pacific region. By 2050, it is expected that population in the Asia-Pacific region will increase by 64%. Urbanization will be driven by infrastructure investment to meet the people’s aspirations which in turn will scale the market size of the paint industry in this region.

The Indian government is framing new policies to boost infrastructure across various cities. It has allocated US $ 1.2 billion for the same. It opens a new gate for paint companies for gaining high revenues. It is because of end-user applications in infrastructure that the Indian paint companies expect in between 10 to 15% growth in business volume by 2015.

Another large market in Asia-Pacific is China. With GDP of China projected to grow over 8%, Chinese government is heavily focused on urbanization. The country has planned to invest US $ 6.8 trillion to develop new cities in its current five years plan. Other potential markets for the water-borne paint industry are Vietnam, Malaysia, Philippines, Taiwan and Japan.

In Latin America, Brazil is set to witness a high growth in infrastructure primarily due to its high GDP growth and considerable investment in infrastructure. It is expected to further accelerate its growth because of its destined venue for the Olympics in 2016. Other potential markets in this region are Argentina and Mexico. Growth in infrastructure is set to scale the paint market vertically upwards in Latin America.

The water-borne paint industry has a bright future in North America. With the US infrastructure reaching its maturity, it needs constant renovation to maintain its durability.

Though the paint and coatings market was not flourishing, the industry is expected to review its growth to gain high momentum owing to huge investment in infrastructure maintenance in the future.

In Europe, stringent regulations imposed by REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) are driving the market from solvent-borne paints to water-borne paints. With its historical cities, it fascinates tourists from every corner of the world to have a glance at its monumental buildings. Europe, like the US, too is witnessing a maturity. In the coming years, it will need support from end-user segments, including the paint and coatings industry, to support its monumental heritage.

However, in Europe, a big role will be played by healthcare and automotive sectors. Europe accounts for in between 25 to 30% of the global market share in the paint and coatings segment. The market in Europe seems to be in the doldrums mainly because of its huge market debt and slow economic reforms.

With government policies shifting their need towards water-borne paints and inks, the paint industry is set to be accelerated by water-borne paints in various geographical locations. The US and Europe have already imposed strict regulations and it is expected to be the same in other parts of global region. The water-borne paint industry is set to grow at a moderate CAGR from 2014 to 2019.

It has already penetrated in between 12 to 15% of the global paint market and is set to capture the remaining market share of paints driven by solvent-borne technology, in the coming future. With water-borne paints, the paint and coatings industry is set to witness a high return on investment by 2019.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Regional analysis includes

• North America
• Europe
• APAC
• Latin America
• Rest of Asia

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Performance coatings are varnishes used to enhance the performance of surfaces and are resistant to high temperatures, corrosion and abrasion. A performance coating is an affordable option for delivering cosmetically engaging, durable finishes to a product. It is an effective technology that is environment-friendly and comes in a variety of colour combinations. It can also be used in minute-sized components. Performance coatings satisfy the primer coat as well as basecoat requirements.

Performance coatings are used broadly in the fields of automotive and aerospace coatings, industrial coatings, powder coatings, mining and mineral industry, wastewater treatment, infrastructure, power, oil and gas and marine sectors. Performance coatings work in a wide range of conditions and have a good record of adjusting faster with the surfaces. Its end use includes application on large and small equipment, components, repair& refurbishment and in almost all light and heavy industrial segments.

Performance coatings can ideally be used on walls, floors, railings, food and beverage facilities, schools, healthcare facilities, occupied or confined spaces and office buildings. They are compatible with wood, aluminium, steel, metal, masonry, drywall, concrete and galvanized metal surfaces. Performance coatings can be classified on the basis of product type into alkyd, acrylic, enamel, epoxy and primer.

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Asia-Pacific is the largest market for performance coatings. Fast-paced urbanization in China and Brazil are strong drivers for the performance coatings market in these countries. Brazil leads the South American market as the country recently hosted the FIFA World Cup 2014 and is gearing up to host the Olympic Games in 2016. Brazil holds more than half of the total South American paint and coatings market and will witness growth due to developments in the marine, protective coatings, oil and gas, automotive refinishes and plastic coating sectors.

This unfolds opportunities for ample investments in the industrial infrastructure sector and proportionally stimulates the demand for performance coatings and paints. Coatings consumption in China is valued between 4.5 and 5 million tons in 2013, reflecting high growth potential as a result of the policies of the Chinese government to improve its infrastructure in terms of sustainability and efficiency. In India, performance coatings hold more than quarter of the paint and coatings market share.

The Indian paint and coating industry is also reporting healthy growth with government focus on domestic manufacturing and country’s emergence as new manufacturing hub. Besides, the introduction of smart cities in India in the near future will boost the coatings sector in the infrastructure industry. The Russian coatings market is expected to slow down in 2014 and further witness moderate growth in 2015 and onwards.

Players in the paints and coatings industry are entering into joint ventures in order to strengthen their respective positions in the various segments of the potential coatings market. AkzoNobel is a leading coatings company based in the Netherlands with revenue of US $ 12.85 billion in 2014. PPG is the second-largest coatings company located in the U.S., with revenue of US $ 11.48 billion in 2014.  The other major players in performance coatings are Henkel, Axalta, Valspar, BASF, DuPont, Sherwin-Williams Co., ICI Paints and Kansai.

The performance coatings market is flourishing in BRIC countries and manufacturers are unfolding new opportunities. India, Brazil and China are progressing in the performance coating business and promise a potential market for performance coatings in the coming years.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. The report provides analysis and information by categories such as product type, geographies and applications.

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Regional analysis includes

• Brazil
• Russia
• India
• China

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. In addition, the report also maps the qualitative impact of various market factors on market segments and geographies.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Jumeirah Bay 2
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Ferric sulfate is a whitish yellow crystalline compound. It is acidic in nature and is corrosive to copper, copper alloys and galvanized steels. It is soluble in water and is hygroscopic in nature. It can be extracted from its ores such as mikasaite, lausenite and kornelite among others. Commercially, it is manufactured by oxidizing ferrous sulfate. The largest application of ferric sulfate is in waste water purification.

The growing awareness towards health is the primary driver for the growth of ferric sulfate market. The presence of various harmful chemicals and suspended particles in water are undesirable and need to be clarified in order to make it suitable for consumption.

Ferric sulfate is used to coagulate contaminants and make water potable. Another key driver for the market of ferric sulfate is the growing semiconductors industry. Double distilled water is used in the semiconductor industry. One of the preliminary steps to obtain double distilled water is the use of ferric sulfate. The growing electronic and micro chips industry is driving the market of ferric sulfate and is expected to continue this trend in the forecast period.

Ferric sulfate is however, highly acidic. When ferric sulfate comes in contact with skin it causes severe burns. Thus, the storage and handling of ferric sulfate has to be conducted with extreme caution and is expected to hinder the growth of the market.

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The growing GDP of BRICS nations is expected to open new areas of opportunities for the ferric sulfate market. Additionally, ferric sulfate is used as an alternative to aluminum salts for water purification, since the presence of aluminum in treated water is undesirable and a cause of concern to many. This is expected to increase the usage of ferric sulfate in waste water treatment, in the forecast period.

Owing to the strict European Union norms of water purification and phosphorous removal from drinking water, the usage of ferric sulfate is expected to grow in the European Union.

The largest market for ferric sulfate is expected to be China, where treated water is used extensively in agricultural farms for irrigation and in the semiconductor industry. The growing transition of the semiconductor industry from countries such as Taiwan, Japan and Korea to China has fuelled the growth of ferric sulfate market. The U.S and Japan markets are mature and are showing minimal growth in the market of ferric sulfate.

Ferric sulfate is also used as an anti-hemorrhagic agent and as an astringent. It contracts tissues to seal injured blood vessels, thereby preventing blood loss due to trauma. This application of ferric sulfate makes it suited for trauma and emergency centers of hospitals.  Ferric sulfate produces a dark red color when dissolved in water. Due to this property, ferrous and ferric sulfate are used in dyes and pigment industry.

Ferric sulfate is used to remove bacteria, arsenic and heavy metals such as chromium, lead, selenium from water, additionally it prevents odor by eliminating hydrogen sulfide. Ferric sulfate is functional over a wide pH range making it suitable for clarification of a wide variety of water samples. In waste water treatment, it is used as a coagulant and a sludge thickening agent.

The major players in this market include-Alfa Aesar, Beijin Ouhe Technology Co Ltd, Chengdu XiYa Chemical Technology Co Ltd and Nanjing Vital Chemical Co Ltd among others.

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This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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United Arab Emirates
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For Sales Enquiries: sales@futuremarketinsights.com