Market Research Blog

After the huge blow of the 2008 financial crisis, the global construction industry is recovering. Registering a healthy growth of approximately more than five percent in the last couple of years, the recovery rate, however, has slowed down marginally in the last two years, primarily due to aggravating political uncertainties and geopolitical tension. Residential growth and infrastructure development are the key drivers of the construction industry. Currently, key global manufacturers are planning to introduce innovative technologies in the construction industry. Ready mix joint compound is one of these technologies; it is a pre-made available joint compound which can be used for various applications in the construction industry. Ready mix joint compound is also known as wet mix joint compound.

In ready mix joint compound formulations, dry powder is mixed with liquid ingredients until a homogenized paste is formed, and then sent for quality control. Ready mix joint compound is available for immediate application without any additional preparation. In terms of properties, ready mix joint compound has high performance and gives strong joints as compared to dry power joints.

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Market Dynamics: Ready Mix Joint Compound Market

The global ready mix joint compound market is expected to fuel the demand of construction industry in the coming future. There are several factors which can dominate the growth of the ready mix joint compound market, such as increasing infrastructure investments, globally, especially in Asia Pacific, North America, and Western Europe. Innovations in production technologies of ready mix joint compounds and increasing residential projects are expected to drive the growth of the ready mix joint compound market. Regional government reforms for increasing investments in infrastructural projects are expected to increase the demand for construction materials over the forecast period. Along with these positive factors, there are some factors that can restrict the growth of the ready mix joint compound market, such as high transportation costs of ready mix joint compounds, stringent zoning regulations on the release of gases through ready mix joint compounds, coupled with rising production costs. On the basis of opportunity analysis, government initiatives towards increasing infrastructural investments and rapid urbanization are expected to boost commercial and infrastructural activities in the near future.

The introduction of business information modeling in the construction materials market has made a significant impact on the sales of ready mix joint compounds. Market players in the ready mix joint compound market are focusing on capitalizing on the opportunity provided by online retail sites.

Regional Outlook: Ready Mix Joint Compound Market 

Based on geography, the North American ready mix joint compound market accounts for a significant share of the global ready mix joint compound market, owing to the relatively lucrative value share of the region in the construction sector, followed by Western Europe. The Asia Pacific region accounts for more than onethird of the market share in terms of volume, owing to the rapid rate of urbanization in the region.

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Latin America and the Middle East & Africa are developing economies, and are expected to witness moderate growth in the coming future in the global ready mix joint compound market, owing to substantial growth in the construction industry. Overall, the global outlook for the ready mix joint compound market is expected to be positive in the coming future, owing to the increasing demand for ready mix joint compounds in the construction industry.

Some of the key players in the ready mix joint compound market are:

• DowDupont
• Sheetrock
• Georgia Pacific
• Continental AG
• ASG
• United States Gypsum Company
• USG
• Everbuild

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 geography, product type, end use, and distribution channel.

The report covers exhaustive 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, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The ready mix joint compound market is segmented on the basis of product type, end use, and distribution channel.

Currently, the pharmaceuticals industry is experiencing a positive growth in the global economy. The pharmaceutical sector contributes more than two percent to the global GDP which continues to play a pivotal role in the manufacturing of various critical, high? quality and low?cost medicines for global and regional markets.

Preservatives is a synthetic or natural chemical used as an additives agent in the pharmaceutical industry. The key application of a preservative agent is to prevent the pharmaceuticals product from microbial decomposition growth and also to increase the shelf life of the product. Owing to microbial contents some of the pharmaceuticals products required preservation.

Pharmaceuticals preservative agents are added to that product which have higher water content, in order to avoid degradation and alteration of microorganism during storage. With these prominent applications, there are few good properties of pharmaceuticals preservative agents such as, pharmaceuticals preservative agents are chemically and physically stable, pharmaceuticals preservative agents are non – toxic and compatible with other ingredients which are used in the formulation and manufacturing process of pharmaceuticals preservative agents.

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Market Dynamics: Pharmaceuticals Preservative Agents Market

Growth in pharmaceuticals preservative agents market is expected to create significant incremental $ opportunity to key manufacturers owing to several driving factors such as, pharmaceuticals landscape is expected to witnessing positive growth in the near future owing to the healthy lifestyle, awareness of consumers to spend more on health. All of these factors are contributing to the demand for pharmaceuticals preservative agents across the globe, in turn leading to high consumption of preservative agents used in the pharmaceutical industry. However, with these positive drivers, some are the negative factors which can restrict the growth of pharmaceuticals preservative agents market such as, rising environmental concerns have led to the implementation of stringent regulations worldwide. Various government policies and guidelines from designated regulatory authorities are anticipated to pose significant technological and cost related challenges to the global pharmaceutical preservative agents market. Manufacturers in pharmaceuticals preservative agents market have opportunity to acquire small preservative agent manufacturers to increase revenue and to decrease transportation cost.

On the basis of source, synthetic pharmaceuticals preservative agents are estimated to hold more than two third of market value share in 2018 and is expected to dominate the same in the near future. In addition to this, on the basis of classification, antimicrobial agent segment of pharmaceuticals preservative agent is estimated to create significant incremental $ opportunity in market in between the forecast period.

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Regional Outlook: Pharmaceuticals Preservative Agents Market 

On the basis of the geographical analysis, consumption of pharmaceuticals preservative agents is expected to grow at an average rate of nearly two percent for the coming forecast period.  Most of the pharmaceuticals preservative agents market growth is expected to come from Asia Pacific region, especially from China owing to significant growth in end use industry, subsidiaries policies in favor of manufacturers, availability of labor at cheap rate, etc. concentration of pharmaceuticals preservative agents consumption in increasing in majorly three region such as, Asia Pacific, Japan and Western Europe, these region collectively expected to hold more than two third of market share in terms of value and volume. In the Asia Pacific, China is alone made up more than one third of pharmaceuticals preservative agents market in terms of value and volume. Western Europe region is expected to gain traction in the pharmaceuticals preservative agents market in the coming future owing to process optimization in the technology. MEA pharmaceuticals preservative agents is expected to witness for weak growth in between the same period.

Some of the key players of pharmaceuticals preservative agents market are

• Dowdupont
• Yip’s Chemical Holdings Ltd.
• BASF SE
• Archer Daniel Midland Company
• Procter & Gamble Chemicals
• Kuala Lumpur Kepong Berhad
• Mitsubishi Chemical Corporation
• LyondellBasell Industries Holdings B.V.
• Eastman Chemical Company
• Lada Organics Pvt. Ltd
• Sharon Laboratories
• Salicylates And Chemicals Pvt. Ltd

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 exhaustive 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.

Pharmaceuticals Preservative Agents market is segmented on the basis of source and classification

Introduction

The technology that exploits & uses the light & its properties by the modulation of light signal along with data or voice and transfers it through a fiber with the help of TIR (Total Internal reflection) is known as optical fiber technology. An optical fiber is primarily used to transmit data over long distances and highly preferable in long distance communication. In the commercial marketplace, an optical fiber is creating its demand space & acting as an integral part of this digitalization generation. With properties like high-speed data transmission, high bandwidth, no data loss, greater resistance, and minimum maintenance, an optical fiber is gaining attraction across the globe. Novel advancement in the data transfer & telecom market is expected to fuel the adoption of optical fiber across the globe. Optical fibers work on the basic principle mechanism of electromagnetic waves. These electromagnetic waves carry specific information & data in the form of data packets & further transfer it from one place to another. Optical fibers are available in two types in the commercial market i.e. single mode optical fiber and multi-mode optical fiber. Multimode optical fiber is generally designed and developed for short distance communication such as digital surveillance, broadcasting to name a few as it has better noise resistance properties whereas single mode optical fiber is designed a& implemented in a long-range transmission network. Glass, high-quality plastics & high purity silica are adopted in very large scale for the fabrication of optical fibers.

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Optical Fiber Market: Market Dynamics

With growing application universe & demand from end-use industry, the optical fiber market is showing robust growth and is expected to create new horizons in the forecast period. There are many factors hidden behind the promising growth and adoption of optical fibers. Growing demand for high-speed transmission along with minimum losses has created the demand space for the implementation of the optical fibers. The increasing needs for better network services & networking and increasing penetration of broadband & fiber net connection in developing countries are acting as one of the prime factors for the adoption of optical fibers. Increasing activities in R&D by the major optical fibers manufacturers for the development of novel technologies and materials in the optical fiber universe is expected to boost the market. Likewise, the rising awareness for the positive results of adopting the optical fiber is further driving market growth. Few more factors that facilitate the demand for optical fiber across the globe are growing demand for the optical communication network and demand for cost-effective, power efficient and high level of integration of the IT sector. However, some forces such as high investment, tedious installation of optical fiber network in offshore terrain and labor-intensive process pose challenges for the Optical Fibers adoption in the commercial market.

Optical Fiber Market: Region Wise Trends

China is turning over as a dominant region in terms of implementation of Optical Fibers. Other Asian Economies such as India, ASEAN & South Korea shows noteworthy growth in the consumption of optical fibers for numerous applications. The growth of optical fiber in Asia-Pacific can be inferred by its large-scale adoption in IT infrastructure. Expanding industrial sector & IT infrastructure across the region creating the growth opportunities for Optical Fiber manufacturers. Likewise, the growing implementation of optical fibers in the healthcare sector is also thrusting growth across emerging economies such as LA & MEA & Eastern Europe. Developed economies such as NA, Japan, Western Europe, and others are investing on large scale to strengthen their security level & telecom infrastructure with the help of optical fiber solutions.

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Examples of some of the market participants in the Global Optical Fiber Market identified across the value chain include:

• 3M Company
• Reflex Photonics
• Corning
• Fiberon Technologies
• Alcatel Lucent
• Sterlite Technologies
• OFS Fitel
• Avago Technologies
• Shenzhen technology

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 exhaustive 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.

Optical Fiber Market: Segmentation

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Further, 1,3-butylene glycol is a major raw material in the production of alkyd and polyester resins, owing to its excellent characteristics and high adoption in downstream applications. For instance, the 1,3-butylene glycol based derivative, monocarboxylic acid monoester, is an excellent plasticizer used in the production of PVC and other plastics. Thus, the growing production of PVC, coupled with the significant growth of polymer and plastic industries, is expected to in turn drive the demand for 1,3-butylene glycol over the forecast period. Further, 1,3-butylene glycol, owing to its antibacterial action, is also used as an antibacterial agent in dairy and meat products. It also finds application as a stabilizer in pharmaceuticals and as a solvent in the fragrance industry.

Regional Outlook:

In terms of production and consumption, the global 1,3-butylene glycol market is dominated by the Asia Pacific region, predominantly China and India. This can be mainly attributed to the increasing production and demand for personal care and cosmetic products in the region. Along with this, growing population, increasing per capita expenditure, rapid urbanization and changing lifestyle are some of the major factors positively influencing the demand for personal care products, which is subsequently leading to a rise in the demand for 1,3-butylene glycol. Moreover, the significant growth of polymer and plastic and paint and coating industries in the Asia pacific region largely fuels the growth of 1,3-butylene glycol market in the region. The Asia Pacific 1,3-butylene glycol market is expected to register healthy growth over the forecast period. North America, followed by Europe, is also a major consumer of 1,3-butylene glycol, owing to the substantial increase in demand from cosmetic, personal care, paint & coating and polymer industries in the region. With significant production capacities of cosmetics in Europe, especially in the U.K., Germany and France, the demand for 1,3-butylene glycol is expected to increase, owing to its application as an emollient and humectant in cosmetic products.

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Stringent government regulations and the rising demand for bio-based chemicals in North America and Europe are the major factors providing impetus for the growth of the 1,3-butylene glycol market. Thus, Europe and North America 1,3-butylene glycol markets are expected to witness steady growth over the forecast period. On the other hand, Latin America and Middle East & Africa 1,3-butylene glycol markets are expected to register slow growth over the forecast period.

Market Participants

The 1,3-butylene glycol market is a highly consolidated one with manufacturers adopting a forward integration strategy to cater to the increasing demand 1and expand their footprint in the global market. Some of the market participants identified across the value chain of the global 1,3-butylene glycol market include,

• Daicel Corporation
• Godavari Biorefineries Ltd.
• Shanghai Jinjin Industry Co., Ltd.
• Penta Manufacturing Company
• OXEA GmbH
• MMP Inc.
• Whyte Chemicals Limited
• Rita Corporation

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 exhaustive 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.

Segmentation:

With the increasing focus on improvement in standard of living, there has been rise in consumer spending on the home décor and luxury furniture products. Thus there has been significant rise in demand for wood materials such as timber, plywood and others with greater aesthetic appeal. There are a number of added benefits of using adhesives for bonding as compared to other conventional methods such as faster drying and setting time, improved adhesion, compatibility of use with various substrates and higher strength, aesthetic appeal as compared to use of metal fasteners and other methods of bonding. Wood adhesives are required for a number of applications in wood assembly such as edge gluing, dowel insertion, miter gluing, tongue and groove joints and finger jointing. A variety of adhesives are being used for wood working applications ranging from natural to synthetic providing adhesion and other properties according to specific requirements. Manufacturers are focusing on the development of wood adhesives which have better resistance to moisture content of wood and humidity. The use of wood adhesives has also led to decrease in overall product costs and labor costs owing to the relative ease of application and raw material procurement.

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Global Wood Adhesives Market Dynamics

Wood Adhesives Market Drivers

One of the major factor driving the demand for global wood adhesives market is the rapid growth of the construction industry in the developing countries of Asia Pacific region. The swift recovery in the housing sector coupled with commercial and infrastructural development is projected to create significant demand for wood adhesives over the forecast period.

With the rising disposable income, there has been significant increase in consumer spending on the home décor and luxury furniture products which is projected to drive the global wood adhesives market. The use of wood adhesives for bonding timber, plywood and other products provides a greater aesthetic appeal as compared to screws, bolts and other methods of bonding. Thus creating significant demand for wood adhesives. Increasing trend for the use of lightweight materials is projected to further fuel the demand for wood adhesives.

Wood Adhesives Market Restraints

One of the major challenge faced by the global wood adhesives market is the raw material or feedstock for the production of these adhesives is derived from petroleum or crude oil. Thus the volatility in prices impacts the manufacturing cost for wood adhesives which is a major challenge for the manufacturers.

Another major factor restraining the global wood adhesives market demand is the use of alternate materials such as plastics and polymers which is projected to hamper the growth of global wood adhesives market.

Wood Adhesives Market Trends

With the rising environmental concern about the harmful volatile organic compounds emissions, there has been increase in use of bio based wood adhesives. Manufacturers are focusing on the development of high performance, fast setting, heat resistant wood adhesives which can be used over a diverse range of applications.

There has been rising trend for the use of water based wood adhesives instead of solvent based wood adhesives owing to the increasing awareness for environmental protection and conservation.

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Global Wood Adhesives Market: Regional Outlook

In terms of regional perspective, Asia Pacific is anticipated to hold relatively larger share in the global wood adhesives market. The rapid growth in the construction sector owing to urbanization and industrialization is expected to drive the demand for wood adhesives in the region. North America and Europe are projected to witness moderate growth rate over the forecast period. The significant investments in the renovation and construction activities in the region is anticipated to the boost the market demand. Regions such as Latin America and Middle East and Africa are projected to be low volume high growth regions and are projected to witness relatively high growth over the forecast period. Japan is projected to witness sluggish growth in the global wood adhesives market over the forecast period.
Global Wood Adhesives Market Participants

Some of the market participants identified across the value chain of global Wood Adhesives market are:

• Henkel AG & Co. KGaA
• The 3M Company
• BASF SE
• The Dow Chemical Company
• Ashland Inc.
• B. Fuller Company
• Asian Paints
• Sika AG
• Bostik
• Pidilite Industries Limited
• Franklin Adhesives & Polymers
• Jubilant Industries Ltd.

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 exhaustive 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.

Global Wood Adhesives Market Segmentation

The global Wood Adhesives market can be segmented on the basis of product type, technology, type, end use sector, application and region.

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Global Photoluminescent Paints Market: Dynamics

Photoluminescent Paints Market Drivers

One of the major factors driving the growth of the global photoluminescent paints market is the use of photoluminescent paints on the edges of roads to enable better visibility for drivers and thus, ensure driver safety. Photoluminescent paints are increasingly being used for warning and exit signals.

The significant growth of construction and automotive industries is anticipated to boost the demand for photoluminescent paints, majorly in the developing countries of Asia Pacific. Apart from this, photoluminescent paints are also widely used for a range of applications such as subway systems, staircase safety and egress. Manufacturers have developed photoluminescent paints in such a way that they continue to glow even once the color fades.

Photoluminescent Paints Market Restraints

One of the major challenges faced by the global photoluminescent paints market is the failure of photoluminescent paints to perform efficiently in high moisture and rainy conditions. In some situations, drivers need to turn off the headlights to see the glow in the dark lines, which might increase the chances of accidents.

Another major factor hindering the growth of the photoluminescent paints market is the high cost of these paints as compared to the other lighting options.

Photoluminescent Paints Market Trends

Manufacturers have developed photoluminescent paints for different types of surfaces such as wood, metal, drywall and plastic. These photoluminescent paints are made with added corrosion protection and improved adhesion.

With rising concerns regarding environmental protection, there has been an increase in the usage of water-based paints to reduce the emission of harmful volatile organic compounds. Water is being used instead of solvents to meet the stringent low VOC requirements. Manufacturers are also focusing on enhancing the efficiency of these photon emitting crystals without the emission of toxic or radioactive substances.

Manufacturers are also focusing on the usage of water-proof pigments in photoluminescent paints to ensure that they do not lose their glow in water or water-based formulations. Photoluminescent paints are also being formulated for use with epoxies, urethanes, vinyl and other types of coats.

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Global Photoluminescent Paints Market: Regional Outlook

From a regional perspective, Asia Pacific is anticipated to hold a relatively larger share in the global photoluminescent paints market. This can be attributed to the significant growth of the automotive industry. Noteworthy investments for infrastructural development have been observed in countries such as India, which is anticipated to further boost the demand for photoluminescent paints. North America and Europe are anticipated to witness moderate growth in the global photoluminescent paints market, owing to the stringent regulations regarding the emission of harmful VOCs. Regions such as Latin America and Middle East and Africa are anticipated to be low volume – high growth regions and are projected to witness significant growth rates over the forecast period with increasing investments across various end-use sectors.

Global Photoluminescent Paints Market Participants

Some of the market participants identified across the value chain of the global photoluminescent paints market are:

• Benjamin Moore & Co
• Johnson Paints
• Indra Glowtech Private Limited
• Rust-Oleum Corporation
• Allureglow USA
• Glow Inc.
• Protech Powder Coating
• GloNation LLC
• CS Coatings, Inc.
• Jann’s Netcraft
• The Glow Company
• Jolin Corporation

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 exhaustive 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.

Global Photoluminescent Paints Market Segmentation

The global photoluminescent paints market can be segmented on the basis of technology, sales channel and region.

In fast growing economies and developing markets, the aerospace and marine industry is estimated to gain momentum in the coming years. Technological advancements in the materials used to manufacture turbine blades have increased their adoption. Besides, they ensure a prolong life of the turbine blades and reduce the maintenance cost.  Different types of turbine blade material are available in market such as stainless steel, nickel alloy, titanium alloy, and composite material. Among these, nickel alloy can be used in temperatures of up to 1,700 degrees Celsius.

Failure in steam and gas turbines are often caused due to blade fatigue, and this can be cured by using high melting point materials. More recently, the demand for turbine blade material is significantly impelled, owing to a surge in the demand from turbine blade manufacturers.

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Turbine Blade Material Market: Market Dynamics

Drivers:

Ever growing end use industries such as automotive, aerospace, industrial, marine, etc., both, in developed and developing economies, is anticipated to be a major factor responsible for the growth of the global turbine blade material market over the forecast period. Moreover, the continuously declining cost of energy generation using renewable sources is also anticipated to give traction to the growth of turbine blades as well as turbine blade material in the coming decade. That apart, governments are focused on using renewable energy and encouraging people to do the same. This is expected to further boost the demand for turbine blades and turbine blade material over the forecast period.

Restraints:

Turbine blades require high capital investments as well as maintenance costs, which is anticipated to act as a restraining factor to the growth of the turbine blade material market over the forecast period. Moreover, the prices of turbine blade materials are highly volatile. This is also expected to act as a factor hampering the growth of the turbine blade material market in the coming future.

Trends:

A major trend predicted five years down the line includes market players of turbine blade material focusing on strategic expansions to expand their presence across the globe. This is projected to act as a catalyst to maintain leadership. Moreover, the strong outlook of the global automotive, aerospace, marine, etc., industries across the globe creates considerable opportunities for turbine blade & turbine blade material manufacturers.

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Turbine Blade Material Market: Regional Outlook

The global turbine blade material market is totally dependent on the growing demand for turbine blades from end use sectors across geographies. Over the forecast period, Asia Pacific is expected to be closely followed by North America. Both these markets are predicted to witness enormous growth in the turbine blade material market, owing to increasing government initiatives to use renewable energy in emerging economies such as the India, China, and the U.S. Western Europe is estimated to grow at a considerable CAGR during the forecast period, owing to the high demand for turbine blade material in the growing automotive sector in the region. Germany is expected to be the leading automotive and automobile market in Western Europe. Latin America is anticipated to witness the growth of the turbine blade material market over the forecast period. The Middle East & Africa is expected to grow at a substantial CAGR during the forecast period, owing to an increase in the demand for turbine blade material from turbine blade manufacturers in the region.

Turbine Blade Material Market: Market Participants

Examples of some of the key participants identified across the value chain of the global turbine blade material market include:

• Acerinox
• Aperam
• AK Steel
• Guangxi Chengde Group
• JLC Electromet Pvt. Ltd.
• KOBE STEEL, LTD.
• Mannesmann Stainless Tubes GmbH
• Nippon Steel and Sumitomo Metal
• POSCO
• Tata Steel Europe

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 geography, application, material type, and end user.

The report covers exhaustive 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, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Turbine Blade Material Market: Segmentation

The global turbine blade material market can be segmented on the basis of material type, application, and end user.

Currently, the chemical industry is experiencing positive growth in the global economy, and also continued strength throughout the major key end-use industries such as automotive, electronics, and construction. The chemical sector is the backbone of the global economy, and contributes more than five percent to the global GDP. All these chemicals are manufactured from various types of chemicals which play as a role as a catalyst, intermediate, or an agent.

Methyl ethyl ketone is one the chemicals used as a solvent, resin, and adhesive for the end use industries. Methyl ethyl ketone is also known as butanone and abbreviated as MEK. Methyl ethyl ketone is an organic compound having the molecular formula C4H8O. There are several methods are used for the manufacturing of methyl ethyl ketone, such as, by the dehydrogenation process of 2-butanol, by sulphuric acid and n- butene, by phenol to obtained methyl ethyl ketone, and acetone as a byproduct.

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Market Dynamics: Methyl Ethyl Ketone Market

Industrial development, growth in the economy, and emerging innovative technology are the factors which can uplift the growth of the methyl ethyl ketone market during the forecast period. In addition to this, there are other several factors which can add to the growth of the methyl ethyl ketone market, such as growing disposable income in developed and developing regions, which, is in turn, is boosting the demand for methyl ethyl ketone in the global market. Besides this, recovery of the infrastructural development and construction sector across many economies is also supporting the growth of the global methyl ethyl ketone market. With these positive factors, there are also some factors which can restrict the growth of the methyl ethyl ketone market, such as geopolitical uncertainty, fluctuation in oil prices, and opposition to free trade. On the opportunity front, there is significant opportunity to key manufacturers to invest in the methyl ethyl ketone market, owing to infrastructure investments by the respective regional governments, growth in end use industries, a rebound in industrial activities, etc.

On the basis of the end use industry, the paints & coatings segment is expected to dominate the methyl ethyl ketone market from last decade, and is expected to continue the same in the near future. The segment alone is expected to hold more than fifty percent of the market share in terms of volume, followed by the rubber and packaging segment.

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Regional Outlook: Methyl Ethyl Ketone Market 

On the basis of geographical analysis, the consumption of methyl ethyl ketone is expected to grow at an average rate of nearly 2% in the coming forecast period. Most of the methyl ethyl ketone market growth is expected to come from the Asia Pacific region, especially from China, owing to significant growth in end use industries, subsidiary policies in favor of manufacturers, availability of labor at cheap rates, etc. The concentration of methyl ethyl ketone consumption in increasing majorly in three region – Asia Pacific, Japan, and Western Europe. These regions, collectively, are expected to hold more than two-thirds of the market share in terms of value and volume. In Asia Pacific, China alone makes up more than one-third of the methyl ethyl ketone market in terms of value and volume. Western Europe is expected to gain traction in the methyl ethyl ketone market in the near future, owing to process optimization in the technology.

Some of the key players in the methyl ethyl ketone market are:

• AkzoNobel N.V.
• Arkema S.A.
• Sasol Solvents
• ExxonMobil Chemical
• Shell Chemicals
• Cetex Petrochemicals
• Ineos Solvents
• PetroChina Lanzhou Petrochemicals
• Idemitsu Kosan Co. Ltd
• Tonen Chemicals
• SK Energy Co. Ltd

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 geography, application, and end use.

The report covers exhaustive 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, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Market Segmentation: Methyl Ethyl Ketone Market

The methyl ethyl ketone market is segmented on the basis of application and end use.

The heat from the asphalt layer enables the passage of liquid from the underlying track coat through the pavement overlay fabrics which further turnovers the fabric as a saturated membrane that creates a molecular bonding between old & new pavement. Application of pavement overlay fabric layer enables numerous exceptional properties in asphalt pavements such as better weather resistance, chemical resistance, long-term stability against the load, an extension of the pavement service life and many more.

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In the commercial marketplace, these pavement overlay fabrics are fabricated from numerous raw materials out of which polyester & polypropylene are gaining adoption in very large scales. Also, these pavement overlay fabrics are available in different width & thickness that are tailor-made according to the industry needs.

Pavement Overlay Fabrics Market: Market Dynamics

The demand for pavement overlay fabrics is showing an upward trend in the past with an increased number of its usage in numerous applications. It has been expected that the pavement overlay fabrics will follow the same roadmap and will gain attraction during the forecast period. Attributes such as high strength, better puncture resistance, flexibility at low temperature, easy installation & reduction in maintenance cost are the main implicit factors for the growing adoption of pavement overlay fabrics across the globe. Increase in a number of recreational & refurbishment activities of highways is expected to swell the demand for pavement overlay fabrics in the commercial market. Also, new construction projects in the pipeline such as the development of freeways & highways is expected to create growth opportunities for pavement overlay fabrics suppliers & manufacturers present in the value chain. Low awareness amongst the people is one of the prime factors acting as a stumbling block in the pavement overlay fabrics market growth. But this restraining factor will be offset in the long term as regional governments are adopting these novel techniques based on pavement overlay fabrics for the road maintenance practices.

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Pavement Overlay Fabrics Market: Region Wise Trends

North America & Western Europe are turning out to be the largest markets for the adoption of pavement overlay fabrics. These regions accommodate complex road infrastructure in their cities which requires lots of maintenance activities. Rising road infrastructure in China, India & ASEAN countries is expected to lead to an increase in demand for the usage of pavement overlay fabrics & t. Roads prone to harsh weather condition such as extreme winter is expected to create substantial demand for pavement overlay fabrics in the Eastern European countries. Huge investment through the regional government in the direction of maintaining road infrastructure in MEA & Latin America is expected to create growth opportunities for pavement overlay fabrics manufacturers.

Examples of some of the market participants in the Global Pavement Overlay Fabrics Market identified across the value chain include:

• Owens Corning
• Saint-Gobain
• Tencate
• Polyguard
• Pavetech
• Feicheng Lianyi Engineering Plastics Co., Ltd
• PS Construction Fabrics, Inc.
• ACF Environmental

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 exhaustive 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.

Pavement Overlay Fabrics Market: Segmentation