Market Research Blog

In modern scenario numerous industries are questing their way towards alternate sources of energy. Lithium ion batteries are gaining traction in numerous number of industries such as Automotive, consumer electronics due to their positive attributes. These batteries are more efficient than conventional lead batteries, requires less amount of charging time and, lighter than lead acid batteries and many more. With these attributes the demand for lead acid kept on increasing day by day which in turn increases the demand for electrolytes with better efficacy.

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Also consumer preference towards the synthetic lubricants drives the demand for ethylene carbonate. Synthetic lubricants are gaining adoption in industries like Oil & Gas, Automotive, industrial and many more. Its properties like better thermal resistance, high viscosity index, ensure better operating properties for wide range of temperature and many more gives the synthetic lubricants an edge over conventional lubricants.

There are some industry challenges associated with ethylene oxide which may dents its growth in near future such as scarcity of raw material and regulations imposed by the regional government. But unavailability of substitutes for ethylene carbonate may mold regulation authorities to make flexible regulations for the usage of ethylene carbonate in long term.

Reasons for Covering this Title

The market behavior for the ethylene carbonate is remain positive as it showed firm growth in 2017 in terms of value and the same trend is expected to be followed in the near future. The growth can be attributed by the increased consumption of ethylene carbonate in numerous end user industries. There is a need of energy density and high power coupled with increasing demand for electrical vehicles which further increases the consumption of lithium ion batteries across the globe. Also strict government instructions for fuel economy, attraction towards smart electronics, and recent development in Lithium ion batteries creates the opportunity for ethylene carbonate.

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As automotive production is kept on rising the demand is generated for effective surface coating solutions which can provide low levels of Volatile organic compound emission and durability & resistance against chemicals, water and harsh weather conditions. These coating solutions are often synthesize through ethylene carbonate as a base material. Likewise, the resurgence of oil & gas upstream operation has been witnessed across the globe. In order to increase the field production and throughput the major players are using effective lubrication solutions in their upstream operations.

Opportunity-Growing Adoption of Novel Technologies in Lithium ion Batteries

As consumer behavior is shifting towards the usage of Electric vehicle. The demand for Lithium Ion batteries are sky rocketed in last few years which in turn the demand lithium ion electrolytes.  But there are some factors such as overheating, big size, and inadequate charging structure may restrain the Lithium Ion batteries market. In order to address these industry challenges lithium ion manufacturers are intensifying their R&D infrastructure and adopting new technologies which further provides inevitable opportunities for ethylene carbonate manufacturers

Regional Market Outlook:

The ethylene carbonate market is segmented into the following regions — North America, Latin America, Western Europe, Eastern Europe, South East Asia-Pacific, China, Japan, India and the Middle East and Africa. With growing population and economic conditions China and India are one of the fastest growing region across the globe. Countries in South East Asia such as Taiwan, South Korea and ASEAN also showing firm growth as increase in number of coating manufacturers. Western Europe and Japan with increased number of Electric vehicle production enables growing consumption of ethylene carbonate. Rising consumer awareness for the usage of synthetic fibers drives the demand for Ethylene carbonate in North America Region.

Global Ethylene carbonate Market: Key Players

Examples of some of the key players operating in the global Cathodic Protection market Empower Materials, Mitsubishi Chemicals, BASF SE, Merck KgaA, Thermo Fisher Scientific, Asahi Kasei, Huntsman, Oriental Union Chemical Corporation ,Toagosei Co., Ltd., New Japan Chemical Co., Ltd, TCI Chemicals, Panax-Etec, Shandong Shida Shenghua Chemicals, Dongguan Kaixin Battery Materials ,Shandong Senjie Chemical, among others.

Key Development across the Industries

• In December 2017, Ube industries and Mitsubishi industries collaboratively set up two electrolyte production plant with an annual capacity of 15,000 tons in China. Mitsubishi Chemicals, In particular decided to expand its ethylene carbonate production capacity in Japan

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, product type and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

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Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the Cathodic Protection market, including background and evolution
• Macroeconomic factors affecting the Cathodic Protection market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the Cathodic Protection market
• Cost structure of the products and segments covered in the global Cathodic Protection market
• In-depth pricing analysis, by key product segments, regions and by major Cathodic Protection market participants
• Analysis of supply and demand, such as top product producing and consuming geographies, product imports/exports, exchange of services and overall trade scenario in the global Cathodic Protection market
• Analysis of the global Cathodic Protection market structure, including a tier-wise categorization of key Cathodic Protection market participants
• Competitive landscape of the market, including detailed profiles of the top players in the Cathodic Protection market

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.

Global Ethylene Carbonate Protection: Market Segmentation

Malonic acid, formula CH₂(COOH)₂, is also known as propanedioic acid. It is a white crystalline dicarboxylic acid compound that is readily soluble in alcohol & ethers. Through ionization of malonic acid, malonic esters are produced, which are called as malonates. Historically, the first synthesis of malonic acid was carried out through oxidation-reduction of malic acid with potassium dichromate. With industrial developments and advancements in manufacturing technology, several methods for the production of malonic acid were developed and commercialized. Moreover, commercially, malonic acid is produced from chloroacetic acid and diethyl malonate.

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As an intermediate, malonic acid is used in the manufacturing of alkyd resins, which are further used in coating applications to prevent damage caused due to oxidation, UV light and corrosion. Also, malonic acid is used as a cross linker in low-temperature cure powder coatings to accelerate the coating process. Moreover, malonic acid is also used to induce cross-linking in starch compounds, which are further used in the manufacturing of biodegradable thermoplastics. Furthermore, as a building block, malonic acid is used in the production of pharmaceutical compounds, specialty polyesters, flavor and fragrance compounds and electrolyte additives, among others.

Upsurge in demand from pharmaceutical & Coating industry

Over the recent past, there has been significant growth in malonic acid consumption. This can mainly be attributed to growing demand from the pharmaceutical and coating industry. Rise in demand for malonic acid as an active pharmaceutical ingredient (API), supported by its increasing utilization for producing Diclazuril, non-steroidal anti-inflammatory agents and various vitamins, such as B1, B2, B6, among others, have been the key driving factors responsible for its growth. Moreover, macroeconomic growth of the pharmaceutical industry in developing countries, such as China, India, ASEAN and African countries, will be a prominent factor supporting its market growth.

Further, malonic acid finds usage as a crosslinking agent in low temperature powder coatings. With the paints & coatings industry shifting towards water-based and powder coating systems, from traditional solvent-borne coatings, the demand for malonic acid is expected to witness a healthy upsurge. These non-conventional paints and coatings significantly reduce the volatile organic compound (VOC) emissions, in turn, causing increased traction across various parts of the world.

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Global Malonic Acid Market: Key Players

The malonic market is a highly fragmented market and a significant share of the market is accounted by the presence of small to the medium players. Some of the key players identified across the value chain of the global Malonic Acid market include Lonza Group, Trace Zero LLC., Wuhan Kemi-Works Chemical Co., Ltd., Hefei TNJ Chemical Industry Co.,Ltd., Shanghai Nanxiang Reagent Co., Ltd., TATEYAMA KASEI co.,Ltd, MedicalChem(Yancheng)Manuf.Co.,Ltd., Columbus Chemical Industries, Inc., J&K Scientific Ltd.,etc.

Opportunities for Market Participants

Adoption of organic and inorganic growth strategy and increasing demand from end-use industries, such as polymer & plastic, coating and pharmaceutical industry, among others, will support demand in the global market. Regulations pertaining to the use of bio-based chemicals in Europe and the U.S. will support sustainable development because of which several players are emphasizing on the development of bio-routes for the production of malonic acid. A report published by the U.S. Department of Energy on Top 30 value-added chemicals that can be produced from biomass-derived sugar identified malonic acid as one of the prominent chemicals. Consequentially, several players are focusing on the development of bio-based routes for the manufacturing of malonic acid to comply with government regulations. In 2015, Lygos, Inc. had produced malonic acid from biomass-derived sugar, which turned out to be cost-effective and eco-friendly as compared to traditional petroleum routes.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, grade type and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the Malonic acid market, including background and evolution
• Macroeconomic factors affecting the Malonic acid market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the Malonic acid market
• The cost structure of the products and segments covered in the global Malonic acid market
• In-depth pricing analysis, by key segments, regions and by major Malonic acid market participants
• Analysis of supply and demand, such as top product producing and consuming geographies, product imports/exports, exchange of services and overall trade scenario in the global Malonic acid market
• Analysis of the global Malonic acid market structure, including a tier-wise categorization of key Malonic acid market participants
• Competitive landscape of the market, including detailed profiles of the top players in the Malonic acid market

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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Global Malonic Acid Market: Segmentation

The global Malonic Acid market can be segmented on the basis of grade, function and end-use.

Bioethanol Market Overview

Market Outlook

The world during the latter half of the 20^th century, having recuperated from the dreadful repercussions of the two world wars, witnessed high economic and technological growth across the globe. Energy was the single most important component responsible for facilitating ongoing development activities. Unfortunately, this led to undeterred exploitation of available energy resources. Thus, the world’s industrial growth was shadowed by rising concerns over depleting energy resources and their harmful impact on the environment. It was only in early 1990’s that the concepts of environment preservation and sustainable development were formally recognized at a broader platform by the world bodies and the quest for greener energy substitutes gained momentum. Bioethanol is one such alternative.

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The contribution of renewable energy to the world energy balance has grown significantly, particularly during the last two decades. Aligned with the global trend of sustainability, bioethanol is making way, among other renewable energy resources, as a key substitute fuel for various transport vehicles. Cars with bioethanol fuel, alongside reducing dependence on conventional oil, also reduce greenhouse gas emission.

Bioethanol can be produced from sugar cane molasses, starch crops, crop residues and other wasted crops. Different manufacturing steps, such as fermentation, distillation, dehydration, etc. are involved in its production. Apart from being beneficial from an environmental point of view,  bioethanol also has various notable properties, such as homogeneity, physical stability, low viscosity, weak lubricity, anti-corrosiveness and better antiknock characteristics (which increases its fuel efficiency), among others. The application versatility of bioethanol – it is used as feedstock in the chemical industry, fuel for power generation, a substitute to petrol in road transport vehicles, etc. — makes it a popular choice among different end-users.

Government Support to Pave Way for Increasing Bioethanol Demand

Increasing population, growing urbanization and ever-increasing demand for energy coupled with rising environmental concerns are some of the factors estimated to drive global bioethanol consumption at a holistic level. That apart, low carbon footprint as compared to its conventional counterparts as well as government support – at the policy level and in the form of tariffs – are the other two factors expected to propel the adoption of bioethanol as a transport fuel across different regions. Various regulations for clean air (clean air act) and reduction in GHG (greenhouse gases), etc. are also expected to play a crucial role in boosting the market.

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Global Bioethanol Market: Regional outlook

The production method for bioethanol has been present in the market for quite some time now. However, the quantity produced varies from region to region, depending on local feedstock availability. The U.S. is the single largest producer of bioethanol globally and is loosely followed by Brazil and China. Over the years, Canada has also secured its position as a prominent bioethanol manufacturer and is now listed among the key global producers of bioethanol. India, due to growing government support, is now competing with countries, such as France, Germany and Australia in bioethanol production. The global consumption of bioethanol is expected to increase with high CAGR, creating significant opportunities for manufacturers around the globe. Regional policy interventions and technology developments are expected to remain determining factors for the success of the market.

Global Bioethanol Market: Key Players

Some of the key players identified across the value chain of the global bioethanol market include, Absolute Energy, LLC. , Green Plains Renewable Energy, Inc., Aemetis, Inc., The Andersons, Inc., Cargill Incorporated, Flint Hills Resources, Fulcrum Bioenergy Inc., Cool Planet Energy Systems Inc., BioAmber Inc., Osage Bio Energy, LLC, etc.

Opportunities for Market Participants

Research and development, product trial, market approach, effective utilization of government initiatives, etc. will prove to be effective measures for enhancing profitability in bioethanol business. Due to the efforts of global thought leaders, environmentalists and various stakeholders working to promote the substitution of conventional oil with bioethanol, significant opportunities lie ahead for market participants to build the marketability of their product.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the product type, end uses and other product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of market, including background and evolution
• Macroeconomic factors affecting market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the market
• Cost structure of the products and segments covered in the global market
• In-depth pricing analysis, by key product segments, regions and by major market participants
• Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario in the global market
• Analysis of the global market structure, including a tier-wise categorization of key market participants
• Competitive landscape of the market, including detailed profiles of top players in the market

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.

Request for Pre Book of Report: https://www.futuremarketinsights.com/checkout/6549

Global Bioethanol Market: Segmentation

The global bioethanol market can be segmented on the basis of feedstock type, fuel generation, fuel blend, end-use industries and regions.

Damage to hydraulic equipment is generally caused due to fire, which is often caused due to the pinhole leaks or breaks in hydraulic hoses. A hydraulic fire moves quickly and also burns intensely and is not feasible to control it with a fire extinguisher. Therefore to safeguard of assets with reduced losses resulting from fire break out is very important for an industrial enterprise. The unexpected down time, equipment damage, and uninsured costs related with hazardous materials and clean up can reduces profits. An optimal way for the reduction of these losses from occurring is just to replace the equipment’s flammable Fluids with non-flammable hydraulic Fluids.

Mineral Fluids are highly flammable and often are a serious source of fire hazards in high-temperature environments and applications close to open flames or heated metal parts. The risk is further increased by the rapid and aggressive Ignition rate of these Fluids. Today mineral oil dangers present industries with very real major risks including disruption in operation, plant shut down, and threats to worker safety.

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Increasing Safety Concerns for Humans and Machineries

Rising concern about safety of men and machines in factories and manufacturing facilities is driving the demand for fire-resistant hydraulic fluids. These fluids help in safeguarding the equipment and avoiding breakdown of due to overheating of fluids and equipment. Thus, the non-flammable properties of the fluids has been a critical factor for the growth of the overall market in the forecast period.

Significant demand from Aviation Industry

Another area of application where fire resistant hydraulic fluids are in high demand is the aviation and aerospace industry. Aircrafts are complex systems and are highly dependent on hydraulic systems for vital functions such as maneuvering and landing. Owing to safety concerns, almost every material and fluid used in an aircraft is therefore fire-resistant, if not fireproof. Besides aviation, the other fields where fire hazard possibilities are critical are mining, especially underground mining; offshore marine operations; and firefighting. All these segments, for their safety quotient, are giving rise to the demand for fire-resistant hydraulic fluids.

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Global Non-Flammable Hydraulic Fluids Market: Regional Outlook

North America and Europe are expected to be the dominating markets for non-flammable hydraulic fluids, led by safety concerns in many industries such as steel production, mining, marine, and chemical exiting in these regions. Asia Pacific is anticipated to be another prominent market for the non-flammable hydraulic fluids, owing to the presence of huge number of steel mills, slag management, foundries, and machining plants in this region. Developed nations such as the U.S., Germany, France, Japan, and the U.K. also possess a significant demand for non-flammable hydraulic fluids. Furthermore, demand for non-flammable hydraulic fluids in industries such as marine, manufacturing, mining, chemical, and aviation has been growing at a rapid pace in developing countries such as China, Brazil, India, South Africa, and those in Southeast Asia.

Global Non-Flammable Hydraulic Fluids Market: Market Participants

Some of the manufacturers engaged in the manufacturing of non-flammable hydraulic fluids includes Exxon Mobil Corporation, BASF SE, Quaker Chemical Corporation, Southwestern Petroleum Corporation, Royal Dutch Shell, The Dow Chemical Company, Castrol, Houghton International, Eastman Chemical Company, Total, Chevron Corporation, Idemitsu Kosan, etc.

Opportunities for Market Participants

Research and development, product trial, market approach, effective utilization of government initiatives, etc. will prove to be effective measures for enhancing profitability in Non-Flammable Hydraulic Fluids business. Due to the efforts of global thought leaders, environmentalists and various stakeholders working to promote the substitution of conventional fluids with Non-Flammable Hydraulic Fluids, significant opportunities lie ahead for market participants to build the marketability of their product.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, product type and end uses of the product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the Non-Flammable Hydraulic Fluids market, including background and evolution
• Macroeconomic factors affecting the Non-Flammable Hydraulic Fluids market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the Non-Flammable Hydraulic Fluids market
• Cost structure of the products and segments covered in the global Non-Flammable Hydraulic Fluids market
• In-depth pricing analysis, by key product segments, regions and by major Non-Flammable Hydraulic Fluids market participants
• Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario in the global Non-Flammable Hydraulic Fluids market
• Analysis of the global Non-Flammable Hydraulic Fluids market structure, including a tier-wise categorization of key Non-Flammable Hydraulic Fluids market participants
• Competitive landscape of the market, including detailed profiles of top players in the Non-Flammable Hydraulic Fluids market

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.

Request for Pre Book of Report: https://www.futuremarketinsights.com/checkout/6543

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.

Global Non-Flammable Hydraulic Fluids Market: Segmentation

Non-Flammable Hydraulic Fluids are specially formulated fluids that are more difficult to burn and also do not propagates flame from an ignition source. These fluids are not fire proof fluids these can also ignite at specific temperature and conditions. Global non-flammable hydraulic fluids market can be segmented on the basis of type, by application and by region

The increasing demand for consumer electronic devices throughout the world is expected to boost the market. Smartphones, tablets, phablets, smartwatches, and smart televisions are examples of consumer electronic gadgets that would form a prominent portion of end use demand. Rapid urbanization, which is consequently impacting consumer behavior & lifestyle, is projected to improve the prospects for smart electronic gadgets, and thus influence demand of these coatings.

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What is Driving Demand for Optical Coatings?

Optical coating is a combination of thin layers of film that generate interference effects in order to increase the transmission and reflection characteristics of an optical system. Coatings enhance optical capabilities while also protecting the optic from harsh external conditions.

Metals, oxides, and rare earth elements are used to create these coatings. Optical coatings are thin layers of material that are placed on optical components such as lenses or mirrors. They are increasingly being employed in a variety of applications, including solar panels, architecture, consumer electronics, telecommunications, medical, and military & defense.

Telecommunications and electronic devices include TV display screens, mobile phones, laptops & tablet devices, bulbs, tube lights, and others; Automotive includes automobile headlamps, taillamps, interior illumination, and many more items. With the increase in global population and the improvement in consumer spending power across developing and mature economies, these industries are constantly growing. As a result, the usage of optical coatings has also been increasing.

As the population grows, so does the market for eyewear, which includes eyeglasses and sunglasses, which are both fundamental requirements and also increasingly part of individual fashion statement. Growth in the use of glasses for eyewear has also helped demand of these coatings.

Another significant growth driver has been the employment of these coatings in scientific equipment, semiconductor technology, and military equipment. All of these factors, together with the R&D efforts of various industry participants to improve their coating processes and materials in order to deliver high performance optical coatings, has bolstered the market.

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Electronic and Semiconductors Sector likely to Boost the Optical Coatings Sales

Optical coatings used within the semiconductor sectors and electronics, and need to resist the excessive quotes of warmth switch and excessive-temperature gradients in fast thermal processing, that is considerably used to alter the residences of published circuit board (PCB) coating, incorporated circuits (ICs), and wafers.

Optical coatings permit semiconductor additives to resist the excessive temperatures related to wafer fabrication. Furthermore, advances within the electronics and semiconductor sectors have accelerated using new-era wafers in semiconductors that is anticipated to improve demand for high purity optical coatings. Further the use of such coatings for all types of display screen used across a wide variety of electronic devices is anticipated to boost demand of these coatings during the forecast period.

APAC Optical Coatings Market Outlook:

Because of improving living standards and increased production capacity of electronics devices, Asia-Pacific is anticipated to be the most significant market for these coatings in the projection period 2021-2031. Asia Pacific will have a revenue share of nearly 40 % of the worldwide market.

Over the projected period, the region is predicted to expand at the quickest pace. Rising demand from the ever expanding production of consumer electronics such as mobile phones, tablets, cameras, LED displays, video game consoles, and personal computers are projected to boost the regional market over the forecast period.

North America Optical Coatings Market Outlook:

North America plays a significant role in the optical coatings market due to the growing demand from multiple sectors in the region, including electronics, construction, solar, and Defence. This trend is also attributed majorly to growing demand from the electronics and semiconductor sectors, as well as increased contributions from the government and private stakeholders to the development of optical coatings by key players in the region.

However, stringent environmental and government regulations, such as coating exports under the International Traffic in Arms Regulations (ITAR), as well as the United States Munitions List (USML), which regulate optical technology, Architectural and Industrial Maintenance (AIM) Coatings for Volatile Organic Compounds (VOCs) content limits, are expected to imact the region’s optical coatings market growth.

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Who are the Key Manufacturers and Suppliers of the Optical Coatings?

Some of the leading manufacturers and suppliers include

• Inrad Optics
• Dupont
• PPG Industries Ohio Inc.
• Nippon Sheet Glass Co. Ltd.
• Cascade Optical Corp.
• ZEISS International
• Newport Corporation
• Quantum Coating
• Brewer Science, Inc.
• DELTA Light & Optics
• HOYA Corporation USA
• OptoSigma Corporation
• Artemis Optical Limited
• Chroma Technology Corp.
• Abrisa Technologies
• Reynard Corporation
• II-VI Aerospace & Defense.

Manufacturers are constantly working towards new product development to meet the fast evolving demands of the electronics industry.

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.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segments