Metal Grating Market Forecast And Growth Through COVID-19, Competitive Landscape, Segments, Key Regions Overview

Market Synopsis

According to the MRFR analysis, Global Metal Grating Market size was valued at around USD 1,019.9 Million in 2018 and is expected to reach over USD 1,500 Million by the end of 2025 at a CAGR of 5.38%.

The growth of the metal grating market is attributed to the continuous use of grating platforms in several end-use industries. According to the report of the United Nations Industrial Development Organization (UNIDO), in 2018, the five largest emerging economies Brazil, China, India, Indonesia, and Mexico in total accounted for three-quarters of the total industrial development with the increase in mass consumption of manufactured goods. These developments of industries infuse the application of grating across the industrial structures, with the application of walkways, ramps, stairways, platforms, safety barriers, and others. Furthermore, the increase in the application of safety grating for preventing cross overs or overhead protection within the plants is expected to further fuel the growth of the metal grating market in the review period. Some of the other primary factors favoring the market growth are increasing adoption of grating across the wastewater treatment and water purification plants coupled with the growing adoption of lightweight and non-corrosive products.

 

Pricing and Standardization Analysis

In 2018, metal grating globally was priced from USD 826.3 to 831.4 per ton, which is witnessing an upward trend, while the price is expected to rise to USD 1,100 per ton by 2025. The trend is likely to continue during the forecast period owing to fluctuating raw material prices.

The various standards regarding grating, design of platforms, stairways, and railings are expected to favor the demand for metal grating during the review period. Some of the standards are AS 1538, AS 3990(Int) or AS 4100 are design standards for steel, AS 1664 for aluminum by the Standards Australia. Some of the other institutes that provide standards include the American Iron and Steel Institute (AISI), American Institute of Steel Construction (AISC), and American Society for Testing and Materials (ASTM) International.

 

SEGMENTATION

By Product Type

  • Bar Grating: The bar grating segment held the largest market share of over 50% in 2018 and is expected to dominate the market during the forecast period, which is attributed to the increasing demand for bar grating in various end-use industries such as wastewater treatment, chemical, food, and other industries. Bar grating consists of individual parallel metal bars that are adjoined by perpendicular bars and form a grate. The bars are usually joined by the welding process depending upon the thickness and material type of the metal bars required for commercial or industrial purposes. Some of the frequently used bar grating materials are galvanized steel, carbon steel, austenitic stainless steel, and aluminum.
  • Safety Grating: Safety gratings are used in overheads and crossovers of manufacturing, treatment, and processing industries. Safety gratings are used on the walking surface to improve the traction of the surface and reduce the risk of falls and slips. Safety grating increases the grip of the surface finish, which typically consists of small protrusions diamond shapes. Safety grating, similar to bar grating, have a high percent of open surface allowing better airflow and drainage. The gaps in the grating help to prevent and reduce the liquids or other materials from building up, which could cause slipping hazards. Thus, the application of safety grating is expected to gain major traction for the market in the coming years with an increase in safety regulation for industrial purposes.

By Material Type

  • Carbon Steel: The carbon steel segment held the largest market share of over 30% in 2018 and is expected to dominate the market during the forecast period, which is attributed to the increasing demand for carbon steel in heavy-duty purpose and in the heavily trafficked area such as airports terminals, parking lots, highways terminal, and others industrial zones. They are used where open flooring is required for the free flow of heat, light, and air.
  • Aluminum: It is projected to be one of the fastest-growing segments in the global market during the review period. Aluminum is a lightweight and corrosion-resistant material, which makes it ideal for use in outdoors as well as indoor applications. They are also cost-effective compared to other materials, which are used across mezzanine floors, walkways, stage flooring, pedestrian bridge, and others.
  • Stainless Steel: Stainless steel is highly corrosive resistant and extreme temperature resistant which are widely used across industrial and commercial flooring such as catwalks, mezzanines, platforms, ramps, sidewalk, subways, and other gratings.
  • Galvanized Steel: Galvanized steel is produced from carbon steel materials that are coated with a protective layer of zinc to avert premature corrosion and rusting, which are prone to inclement moisture, corrosive chemicals, and weather. They are commonly used to make drainage pit covers, bridge flooring, platforms, forklift traffic, walkways, trench covers, ramps, and catwalks among others.
  • Others: The other segment consists of mild steel, perforated steel, and others.

 

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By End-User

  • Water & Wastewater Treatment Industry: This segment is expected to dominate the market throughout the forecast period. The application of galvanized steel in hard water with pH 7.0 – 8.0, 10 °F of calcium, and 10-30 °F TAC, produces a zinc carbonate protective layer. These protective layers prevent corrosion resistance against aggressive agents including sulfates (with 1,200 ppm), nitrates, and chlorides (with 450 ppm). Thus, the metal grating system helps to fight the corrosion and wear of the grating and provides higher durability. Owing to these factors the market is expected to grow in the forecast period.
  • Chemical Industry: It is the fastest-growing segment owing to the increase in focus on temperature resistant and corrosion-resistant materials in the sector. The metal gratings are used in stair tread, high load-bearing floors, handrail, skid proof and safe grates.
  • Oil & Gas: In the oil & gas industry the grating should be resistant towards exposure to sunlight, corrosive salt water, jarring movements, and high winds. The most commonly used grating materials are stainless steel and galvanized steel, while aluminum for a lighter application.
  • Food Industry: Metal grating in the food processing industry is used for Bridge Flooring, trench covers, ramps, platforms, and catwalks. Stainless steel grating is one of the commonly used grating types in the food processing industry.
  • Others: The others segment include marine, pulp and paper processing, aerospace, textile, automotive, small scale manufacturing plants, and others.

By Region

  • North America: Market growth is driven by the demand from the oil & gas and water & wastewater treatment industry.
  • Europe: A well-established food processing and chemical market.
  • Asia-Pacific: The largest and fastest-growing regional market.
  • Latin America: Rapid construction and automobile manufacturing plants are fueling the demand metal grating in Latin America.
  • Middle East & Africa: Growing demand from the oil & gas industries specially oil rigs, and development and investment in infrastructure development of the region is fueling the demand of the metal grating in the region.

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Antimicrobial Textile Additive Market to Expand 2027 | COVID-19 Brings Market Growth to Standstill

MARKET SYNOPSIS

According to the MRFR analysis, the Global Antimicrobial Textile Additive Market is expected to register a CAGR of ~5.7% and is expected to value ~USD 13.1 Billion by 2025 during the forecast period.

Microbial contaminations are harmful and cause several health-related hazards such as squames, atopic dermatitis, and skin-related disorders. To prevent the colonization of microorganisms, antimicrobial textile additives are incorporated in the fabrics thus making them microbe resistant. The market growth is mainly attributed to the high demand for self-sanitizing fabrics and growing awareness regarding microbes.

The steady demand for antimicrobial textile additives is witnessed across North America from the established healthcare industry.

 

Regulatory Scenario

The stringent standard test methods for textile additives in various countries such as the US, Japan, and Switzerland are likely to boost the demand for antimicrobial textile additives during the review period. Some of such standards are:

  • American Association of Textile Chemists and Colorists Standards – AATCC 147-2004 for ‘Quantitative Assessment by Parallel Streak Method’
  • American Association of Textile Chemists and Colorists Standards - AATCC 100-2004 for ‘Quantitative Assessment by Percentage Reduction Test’
  • American Association of Textile Chemists and Colorists Standards – AATCC 174 for ‘Antimicrobial activity assessment of carpets’
  • Japanese Industrial Standard – JIS L 1902-2002 for ‘Testing for antibacterial activity and efficacy on textile products’
  • International Standard -ISO 20743 for ‘Determination of Antibacterial Activity of Antibacterial Finished Products’
  • Swiss Norm - SN 195920-1992 for ‘Quantitative Assessment by Agar Diffusion Method’

 

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SEGMENTATION

By Active Agents

  • Synthetic Organic Compounds
    • Quaternary Ammonium Compounds
    • Triclosan
    • Poly hexamethylene Biguanides (PHMB)
    • N-halamines
    • Others
  • Metal & Metallic Salts
    • Silver
    • Copper
    • Zinc
    • Others
  • Bio-based
    • Plant Based
    • Animal Based

By Fabric

  • Cotton
  • Polyester
  • Polyamide
  • Others

By Application

  • Medical Textile
  • Apparels
  • Technical Textile
  • Domestic Textile

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

 

REGIONAL ANALYSIS

  • North America: The North American market held the largest market share in 2018, due to the high demand for antimicrobial textile fabrics such as hygienic surgical and non-surgical gowns, gloves, and drapes from the well-established healthcare industry to prevent the spreading of communicable diseases. In addition, the increasing use of antimicrobial textiles in implantable and non-implantable materials such as sutures, dressings, and bandages are further driving the regional market growth.
  • US: The leading country-level market in North America owing to presence of major players such as Dow, BioCote, and Milliken.
  • Europe: The market growth in Europe is primarily driven by the increased use of antimicrobial fabrics in automobile applications such as carpets and headlines, particularly in Western Europe. Additionally, the rising innovations in the region to manufacture environment-friendly products is further driving the market growth in the region. For instance, in June 2019, Sanitized, one of the leading producers of the antimicrobial hygiene textiles and polymers across the globe, has developed a new antimicrobial additive using natural mint under the brand name of Sanitized Mintactiv for cotton textiles.
  • Germany: Germany is the leading country in the region on the account of well-established automotive manufacturing and healthcare industry.
  • UK: High demand for antimicrobial textiles in domestic and commercial applications likely to fuel the demand for antimicrobial textile additives in coming years.
  • Asia-Pacific: The fastest-growing regional market. The rapidly expanding textile industry and the healthcare industry are the majorly contributing to the regional market growth. Additionally, the rising awareness coupled with the significant changing lifestyle of the consumers in developing countries of the region is further driving the growth of antimicrobial textile additives.
  • China is expected to dominate the other country-level markets and drive the growth of the Asia-Pacific antimicrobial textile additive market owing to the expanding health care sector in the region. In addition, the increasing demand for fresh and hygienic textiles is augmenting the consumption of antimicrobial additives in textile industry.
  • India following China is rapidly emerging as a major textile hub in the region. According to the India Brand Equity Foundation (IBEF), in 2017 the Indian textiles industry was valued USD 108 billion and is expected to reach USD 223 billion in 2021. Additionally, the rising awareness regarding personal hygiene and well-being among the consumers is likely to favor the market growth for antimicrobial textile additive in the country.
  • Latin America: The market in Latin America is growing with the high consumption of antimicrobial additives in the textile industry in the region. Additionally, the increase in demand of hygienic and self-sterilizing fabrics on the account of rising awareness among the consumers is further driving the regional market demand.
  • Middle East & Africa: Currently, the least developed market, the region exhibits moderate growth during the forecast period.

 

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Sol-Gel Coatings Market (2021 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Market Research Future (MRFR) reveals in its latest study that the global sol-gel coatings market is poised to thrive at a robust CAGR of 11.22% during the forecast period 2018 to 2023. MRFR further reveals that the market is estimated to reach a value over USD 3853.5 Mn by 2023 up from USD 2,047.4 Mn in 2017.

The tremendous growth witnessed in the transportation sector has boosted the demand for sol-gel coatings as it caters to the need for multi-functional coatings. Furthermore, the adoption of sol-gel coatings for protecting surfaces of aircraft from harsh environmental damage is projected to fuel demand in the market across the projection period. Sol-gel coatings alleviate the maintenance costs of aircrafts, which is likely to have a positive impact on the market expansion.

The increasing penetration of electronics and gadgets is expected to catapult the global sol-gel market on an upward trajectory. The touchscreen segment has captured 15% share of the electronics market, and the trend is anticipated to continue in the foreseeable future. The increasing demand for sol-gel coatings by the touchscreen industry is expected to complement the sol-gel market proliferation across the review period.

A paradigm shift to bio-based products has opened up avenues for product portfolio expansion and innovation in the sol-gel coatings industry. Market operators are investing in research and development activities for upgrading existing technologies and keeping themselves ahead of the curve. The growth strategies implemented by the existing players are projected to aid market growth over the review period.

The organic and inorganic precursors used in the manufacturing of sol-gel coatings are derived from downstream products of crude oil. The price volatility of crude oil is one of the major restraints poised to hold the sol-gel coatings market expansion throughout the projection period. However, stable families of chemical precursors are being developed for making sol-gel technology more pervasive across the assessment period.

 

Global Market for Sol-Gel Coating-Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on application. By application, the sol-gel coatings market is segmented into automotive glass, healthcare, construction, mobile device screens, marine, solar panels, and others. Among these, the automotive glass segment is projected to exhibit the steepest rise at 12.92% CAGR. The healthcare segment currently accounts for the second largest share in the global sol-gel coating market, and it is likely to continue its dominance over the assessment period.

 

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Regional Outlook:

By region, the global sol-gel coating market has been segmented into Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa. North America presently holds the maximum share of the global market. It is likely to retain its dominance over the next couple of years. The growth in North America market is attributable to the strong value maintained by end-user industries, such as transportation, electric and electronics, and marine among others. The North America market was valued at USD 675.2 Mn in 2017 and is estimated to register 11.08% CAGR during the forecast period.

Europe accounts for the second largest share of the global market. The trend is likely to continue through the assessment period. The developed transportation and healthcare sectors in the region are expected to accelerate the revenue creation for market participants. Germany and the U.K. are the primary revenue generators in Europe sol-gel coating market.

Asia Pacific holds immense potential for market growth and is one of the emerging sol-gel coatings markets globally. The market in Asia Pacific is estimated to reach a valuation of USD 893.2 Mn by 2023 striking a CAGR of 13.57%. The factors responsible for encouraging growth in the global sol-gel coatings market are increased government expenditure on the development of the electric and electronics sector, and, thriving transportation sector among others. China accounts for the most substantial share in the Asia Pacific market, trailed by Japan and India.

 

Global Market for Sol-Gel Coating-Competitive Dashboard:

Some of the key players profiled by MRFR in its report include PPG Industries, Inc., Akzo Nobel N.V., 3M, Axalta Coatings, and the Sherwin-Williams Company, Ferro Corporation, Premium Coatings and Chemicals Pvt Ltd, Euroglas Gmbh, NanoTech Coatings, Warren Paints & Color Company, OPTICOTE, INC, Henkel AG & Co., KGaA, Covestro AG, Arkema SA, CCM GmbH, and Nano Care Deutschland AG.

 

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Release Liners Market growth| Latest Technological dvancement,Explosive Factors of Revenue by Key Vendors Size Forecast Analysis 2027

Market Synopsis:

Changing lifestyle, coupled with rising disposable income, has led to increasing demand for release liners. Market Research Future (MRFR)’s analysis has found out that the global release liner market is anticipated to expand at a CAGR of 4.90% during the projection period 2018 to 2023. The market’s valuation, according to the report, is poised to reach USD 98,663.8 Mn mark by 2023. The rapid developments in packaging technologies are the primary factor anticipated to boost the revenue generation in the nearby future.

Industry leaders are leveraging innovative and attractive packaging for gaining an edge over competitors. It has emerged as a key area of focus for the marketers. This, in turn, is likely to have a positive impact on the growth of the release liner market in the years to come. The pharmaceutical and food & beverage industries are anticipated to dictate the future trajectory of the market through the assessment period. However, on the flip side, the high cost of these release liners can pose a challenge to the market participants.

 

Market segmentation:

By substrate, the global release liner market has been bifurcated into paper-based and film-based. The film-based segment is currently dominating the market and is anticipated to retain its forefront position through the review period exhibiting a relatively higher CAGR.

Based on labeling technology, the release liner market has been segmented into glue applied, shrink sleeve, pressure sensitive, stretch sleeve, in-mold, and others. Among these, the glue applied segment is projected to dictate the growth trajectory closely trailed by the pressure sensitive segment in the forthcoming years.

By printing process, the global release liner market has been segmented into digital printing, flexography, offset, gravure, and screen. The flexography segment held the lion’s share of the market in 2017. However, the digital printing segment is anticipated to gain traction and expand at the highest CAGR across the projection period.

On the basis of application, the release liner market has been segmented into food & beverage, cosmetics & personal care, medical & pharmaceutical, electronics, automotive, and construction. Among these, the food & beverage segment is likely to retain the most substantial share of the market owing to high disposable income.

 

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Competitive Dashboard:

The players participating in the share analysis of the global release liner market and profiled in this MRFR report are 3M (U.S.), Polyplex (U.S.), Alhstorm-Munksjo (Sweden), UPM Raflatac (Finland), Gascogne Flexible Company (Norway), Avery Dennison Corporation (U.S.), Mondi (U.S.), Eastman Chemical Company (U.S.), Sappi Limited (South Africa), LINTEC CORPORATION (Japan), and Rayven Inc. (U.S.).

 

Regional Analysis:

By region, the global release liner market has been segmented into five regions - North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). Asia Pacific held a major share of the global market accounting for 37.5% share. The regional market is likely to reach a valuation of USD 40,903.4 Mn by the end of the projection period reflecting a CAGR of 6.39%. The region is anticipated to witness an increase in the number of manufacturing plants which is likely to facilitate the expansion of the release liners market in the region over the next few years.

North America is expected to scale a CAGR of 3.79% across the review period. Meanwhile, Europe is also projected to exhibit growth potential over the next couple of years.

 

Industry News:

In May 2019, ITASA, a manufacturer of high-quality release liners, has initiated production at its latest plant in Querétaro, Mexico. The plant is expected to serve the entire continent.

In July 2018, Verso Corporation's Androscoggin Mill has introduced technological upgrades for increasing its release liner paper production capacity.

 

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Abrasion-Resistant Coatings Market Trends, Applications, Analysis, Growth, And Forecast To 2027

Market Forecast

The Global Abrasion-Resistant Coatings Market is expected to exhibit a CAGR of 6% during the forecast period and cross USD 11.8 Billion by 2025.

Abrasion-resistant coatings are extensively used to reduce wear and extend the operational life of the products. These coatings are used in applications where lubrication is not suitable. These coatings exhibit superior wear attributes, chemical resistance, and excellent hardness and toughness.

 

Pricing Analysis

The price for abrasion-resistant coatings Market is highly influenced by the raw materials required for manufacturing the coatings. The polymer coatings are subject of fluctuating cost on account of the petroleum-based raw materials used. This is due to the large supply–demand gap associated with petroleum products. Also, the ceramic coatings use elements found in nature, the mining and extraction of which influence the cost of these coatings.

 

Segmentation

By Type

  • This segment is divided into metal/ceramic and polymer. They are classified based on polymeric resin or metal is used in the manufacturing of coatings.
  • Ceramic coating is a thin layer of secondary skin, which is applied on the surface to provide them an additive layer also known as a sacrificial layer, which protects the surface from water, dirt, and UV rays. The high cost of ceramic coatings due to capital-intensive production setup as well as issues associated with the reliability and consistency of thermal spray process are factors negatively affecting the market growth. Nevertheless, these coatings require less maintenance. Moreover, the extensive use of oxide metal coatings due to their low VOC contents is a major factor driving the demand for ceramic/metal coatings.
  • Polymer-based coatings are made with polymers that provide superior adherence and protection from corrosion. These coatings are widely being used as a replacement of chrome and cadmium coatings, on account of the increasing concern about heavy metals and environmental factors. They can be used for scratch and abrasion resistance, elasticity or brittleness. These coatings are an excellent choice due to their thermal stability, chemical resistance, and non-absorption of water.

By End Use

  • The global abrasion-resistant coatings market has been segmented based on end-use industry into oil & gas, marine, power generation, transportation, mining, construction, and others.
  • Abrasion-resistant coatings are used in the oil & gas industry for coating components such as tubing, pipes, fasteners, pumps, seals, and bearings. The increasing investment in oil & gas exploration due to the high demand for petroleum products across various end-use industries is driving the demand for abrasion-resistant coatings. According to the International Energy Agency, the global investments in the oil and gas industry recovered slightly in 2017, following sharp declines of 24% and 26% in 2016 and 2015, respectively.

Continual abrasion by flotsam, jetsam, and marine debris causing deterioration of platform risers, pipes, footings, and pilings drive the demand for abrasion-resistant coatings in marine industry. Expanding trade across the globe to maintain economic stability is fueling the need for cargo transport across the globe, further fueling the demand for abrasion-resistant coatings.

  • The power generation segment accounted for the largest market share in 2018 and is projected to witness high demand for these coatings during the review period. The rising population and declining unemployment rate coupled with the increasing use of various electronic devices and consumer appliances is driving the demand for power across the globe. The demand is also supported by the rapid industrialization in emerging economies such as India, Thailand, South Korea, and Brazil, wherein the demand for power is high.
  • Increasing production and sale of automobiles across the globe has increased the demand for abrasion-resistant coatings. Ceramic coatings are being preferred in the aerospace & defense industry, owing to their properties such as corrosion protection and friction reduction. The US Geological Survey stated in its Minerals Book 2015 that the global aircraft fleet is expected to double over the next 20 years.
  • Components used in mining activities such as mixing vessels, pumps, hoppers, housings, tanks, chutes, pipes, and centrifuges are often exposed to aggressive slurries, sand aggregates, particulates, and large stones that can damage and abrade even the hardest reinforced steel substrates. This is projected to drive the demand for abrasion-resistant coatings during the review period.
  • High investments in new construction and renovation activities across the globe are expected to propel the demand for abrasion-resistant coatings. Rapid industrialization and urbanization in emerging economies across the globe are driving the demand for abrasion-resistant coatings in construction industry.
  • Abrasion-resistant coatings are also used in the paper & pulp, electronics & semiconductors, and petrochemical industries.

 

  •  

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By Region

  • North America: Market growth is driven by the presence of large industrial base in the region. Expanding end-use industries, especially oil & gas and power generation, is the key factor driving the market growth.
  • Europe: A well-established market. Increasing demand for abrasion-resistant coatings across major end-use industries is expected to propel the market growth. The automotive industry in the region is the key factor driving the demand for these coatings in the region.
  • Asia-Pacific: It is the fastest-growing regional market. Increase in commercial and residential construction along with the high investment in power generation is expected to drive demand for abrasion-resistant coatings. Mining activities carried out in the region is also a prime factor driving the global market growth.
  • Latin America: Fast-paced industrialization in countries such as Brazil and Mexico is projected to drive market growth during the assessment period.
  • Middle East & Africa: Presence of large oil and gas reserves coupled with high exploration activities in the region, which requires a large number of oil & gas refineries for processing and treating oil, is positively influencing the abrasion-resistant coatings demand.

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Isoprene Market 2021- Industry Analysis by Growth Segments, Opportunity and Challenges, Future Scope and Business Size, with Demand Forecast Analysis 2027

Isoprene is a common name for the chemical compound 2-methylbuta-1,3-diene. At a room temperature, purified Isoprene is a highly flammable, colorless liquid that can be easily ignited. They are classified based on the purity into polymer grade and chemical grade.

Utilization of high-quality isoprene is overwhelmed by interest for and creation of polyisoprene elastomers, which represented more than 50% of aggregate isoprene utilization in 2016. As per our analysis, some of the prominent market factors and trends identified in the Global Isoprene Market include rapid construction activities, rising demand for tires from the automotive industry, and increasing expenditure on personal care products. Moreover, demand for Isoprene is predicted to witness a significant growth over the assessment period due to surging automotive industry. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period 2017-2023.

 

Key Players:

Some of the prominent players operating in the Global Isoprene Market are The Goodyear Tire & Rubber Company (the U.S.), SIBUR (Russia), Royal Dutch Shell plc (the Netherlands), LyondellBasell Industries N.V. (the Netherlands), ZEON CORPORATION (Japan), Ningbo Jinhai Chenguang Chemical Corporation (China), PJSC Nizhnekamskneftekhim (Russia), Kuraray Co., Ltd (Japan), Chevron Phillips Chemical Company (the U.S.), and Exxon Mobil Corporation (the U.S.).

 

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Market Segmentation:

The Global Isoprene Market is categorized on the basis of grade, application, and region. On the basis of the grade, the market is bifurcated into polymer grade, and chemical grade. On the basis of the application, the isoprene market is categorized into styrene isoprene styrene, block copolymer, isobutyl isoprene, and polyisoprene. On the basis of the region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

 

Regional Analysis:

The Global Isoprene Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow at the highest CAGR during the review period on owing to expanding medical and construction industries. The polyisoprene market is predicted to increase in numerous countries of the Asia Pacific such as China, India, Japan and Indonesia due to increasing urbanization and population.

North American Isoprene Market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In North American region, the U.S. & Canada are predicted to be the major contributors to the regional growth of Isoprene Market and are expected to see a significant demand for isoprene during the forecast period 2017-2023. Increasing demand for automobile and medical appliances are the factors driving the market growth. In Europe, the demand for isoprene is predicted to grow in various countries such as Italy, Germany, Spain, UK, France, and Russia on account of increasing expenditure in innovation in automobile, cosmetic products awareness and growing purchasing power of consumers. Moreover, the presence of major automobile manufacturers, specifically, in Germany is expected to give a new impetus to the market growth. In the Middle East, the growing demand from construction and automobile industries are likely to boost the Isoprene Market over the forecast period. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness a substantial growth owing to increasing consumer spending on passenger cars as well as involvement of new technologies and inventions in Isoprene.

 

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

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Active Calcium Silicate Market Size 2021 By Global Business Trends, Share, Future Demand, Progress Insight, Modest Analysis, Statistics, Regional Growth and Forecast to 2027

Active calcium silicate Market – Market Overview

Active calcium silicate is gaining high importance in construction industry owing to superior properties such as low thermal conductivity and thermal shock resistance. It is extensively used in fire protection and acoustic insulation sector replacing asbestos in high temperature insulation application. Increasing government regulations towards fire safety standard coupled with penetration of passive fire protection in infrastructure activities is expected to positively influence the market growth.

Active calcium silicate is used in building brick and board form of electric furnace, blast furnace and oil refinery. Moreover, rising penetration of high temperature insulation in end use industries such as steel and petrochemical industry will further boost the market growth. Active calcium silicate is prepared through raw materials such as limestone, sodium silicate and hydrochloric acid. These materials act as intermediate in processing other chemical compounds and help providing structure and surface to active calcium silicate. Thus, dynamics of these aforementioned raw materials significantly impact prices of active calcium silicate market.

Robust industry growth of ceramic industry owing to rising modern structure in housing sector also anticipated to drive the product demand over the forecast period. These products are used in flooring owing to its characterises such as light weight, high hardness and resistance from thermal and shock. Furthermore, rising product penetration in false ceilings and roofing tiles for construction industry and automotive plants is projected to drive the market growth. Increasing government expenditure for building airports, roads and harbours are expected to provide lucrative opportunity to manufacturer. In addition, increasing developments in residential and commercial projects in emerging markets such as China, India and Brazil are anticipated to fuel the market growth over the forecast period. Europe is leading region in active calcium silicate market owing to advance technology and stringent regulations towards product standards and quality of products. Initiatives taken to preserve historical monuments by providing special paints & coatings to protect from fire and corrosion will boost the demand for active calcium silicate in the coming years. Asia Pacific is second largest market. China is the leading producing country in the active calcium silicate market due to strong industry base including rubber, paints & coatings and plastic industry. In addition, rising consumer awareness towards decorative walls and ceilings for better aesthetic appearance is anticipated to propel the global active calcium silicate market. Changing trade statistics in South Africa will boost the demand of active calcium silicate market growth.

Additionally, regulatory trends laid by OSHA and NIOSH towards product exposure can hinder the market growth. Excess exposure to product can cause severe damage to human health. These regulations are pertaining to high manufacturing cost, thereby leading to hamper the market growth.

 

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Key Players:

Promat International, Weifang Hong Yuan Chemical Co., HIL Limited, Imerys Filtration Minerals Co., 2K Technologies Ltd., R.K. Oil Industries, Ramco Industries, Skamol limited, Xella Sverige AB, and Magnesia GmbH among others are some of the prominent players at the forefront of competition in the Global Active Calcium Silicate Market and are profiled in MRFR Analysis.

 

Active calcium silicate Market – Competitive Analysis

Active calcium silicate market fragmented with presence of small scale as well as strong regional players from tier 1 market. The key players in the market are adopting strategies such as partnership or agreement with distributors to meet global demand of active calcium silicate and strengthen competitive aspects. The major players are investing heavily in R&D in order to meet environmental legislation and minimize impact on environment. Increasing online portals can also open new lucrative opportunity for manufactures. These manufacturers are optimizing new techniques assuring their customers with the consistency in product & service quality thereby, increasing product offerings to the customers.

 

Industry/ Innovation/ Related News:

January 2016 – Promat International opened a new facility in Middle East at Dubai Investment Park. The DIP location provides good link to Abu Dhabi and other gulf countries. The production facility provides PROMASPRAY® FMII, PROMASPRAY® P300, and CAFCO® 400 and significant warehouse capacity for Promat boards, fire stopping and HPI products. This help the company to strengthen its position in Middle East market.

October 2017 –BASF developed a material containing high thermal insulation based on engineering plastic Ultradur brand for window profiles. With increasing demand of restoration and interior designing of residential projects BASF is developing product to the reduce steel with PVC compact materials. Active calcium silicate is one of the intermediate used in manufacturing plastic materials.

December 2016 – Brunel university in London had developed new form of insulation that can meet environmental regulation. The substance is prepared from aerogel, a Nano insulation material that posses low thermal conductivity than any other insulation material in the market. This material is affordable and effective in wall insulation that can resist any weather conditions.

 

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

 

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