Industry Growth: June 2021

Tuesday, 29 June 2021

Splice Tape Market Size, Industry Share, Trends and Opportunities Forecast To 2028

According to the current analysis of Reports and Data, the global splice tape market was valued at USD 564.5 Million in 2020 and is expected to reach USD 667.2 Million by 2028, at a CAGR of 2.10%. The study covers splicing tapes, a sticky paper like substance used to join the end of a web or roll of a material to the beginning of a web or roll of another new material to make the manufacturing process continual which in turn prevents rethreading the new roll through the machine or press, saving valuable down time.

Rising printing and labeling industry, growth of digitization, rise in number of electronic manufacturers, significant focus of splice tape companies on development of better technology, availability of public as well private funds for research, and favorable regulatory scenario, are some of the key factors propelling market growth in the industry. However the environmental regulations related to the production of reliable paper could act as a major restraint to the market. The market in the developed countries, in regions such as Europe and North America, is expected to decline in the near future, owing to the stagnant nature of their markets. These factors may further hamper the market during the forecast period.

Key participants are include Tesa SE (Germany), 3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), Intertape Polymer Group, Inc. (Canada), Scapa Group PLC (UK), Shurtape Technologies, PLC (US), ECHO tape (US), and Adhesive Research, Inc. (US)

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Digitalization of shopping has spiked the demand of packaging and labelling which propels the demand for splicing tapes. Paperboard packaging have recently been gaining consumer and producer attraction since they have been shown to be more sustainable packages instead of other packages like metal and plastic for food & beverages, manufacturing, healthcare, personal care, and other industries which is also driving the splicing tapes market.

For the purpose of this report, Reports and Data has segmented the splice tape market on the basis of by resin type, backing material, application and region:

By Resin Type (Revenue in USD Million; Volume in Tons, 2018-2028)

Acrylic
Rubber
Silicone
Others

By Backing Material (Revenue in USD Million; Volume in Tons, 2018-2028)

Paper/Tissue
Pet/Polyester
Non-Woven
Others

By Application (Revenue in USD Million; Volume in Tons, 2018-2028)

Paper & Printing
Electronics
Packaging
Labeling
Others

By Regional Outlook (Revenue in USD Million; Volume in Tons, 2018-2028)

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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Further key findings from the report suggest

Splice tape market is growing at a CAGR of 2.8% in Asia Pacific followed by North America and Europe, with 2.1% and 1.9% CAGR, respectively. Rise in paper packaging and labeling is the key factor to accelerate the market growth during forecast period across all regions.
As of 2018, the acrylic resin type dominated the market accounting for 29.1% of the revenue market share and is also projected to maintain its dominance during the forecast period due to its constant technological advancements and its high adoption by industrialists
On the basis of end use, the electronic segment is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 3.2%
On the basis of end use, paper & packaging segment dominated the market holding 41.3% of the market share
Asia Pacific dominates the market, expecting to account for the 43% of the market share. China is the largest manufacturer of splice tapes in the world
The environmental regulations related to the production of repulpable paper could act as a major restraint to the market likely to hinder the market growth during the forecast period.

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Industrial Salts Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2027

The texture paint market is expected to reach USD 13.74 Billion by 2028, according to a new report by Reports and Data. Texture paints have certainly been distinct in the present home decorations segment. The unique visual effects that can be produced using texture paints offset their expensive costs over regular paints. The principal aesthetic value of texture paints, along with their affordable costs are encouraging the global market. This, along with the addition in interior designing and increasing demand for home interiors is expected to fuel the growth of the market.

Several organizations have color specialists that assists in pattern and paint selection. Texture paints offer a wide range of designs that can be produced using a mix of several colors.

Although the market is growing at a constant growth rate, it will be restricted by a lack of experienced labor for useful applications across the globe. However, increasing usage in residential and non-residential applications is compelled to leave a positive influence on the market growth.

The Key players in the Texture Paint Market include BASF SE, 3M Company, Sika, Bostik, Henkel, H.B. Fuller, Mapei S.p.a., Ardex, Sain-Gobain Weber, Terraco, Fosroc are key players in the market.

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The market in the APAC region is expected to witness the highest CAGR of 4.5% during the forecast period. Developing economy of Asia Pacific countries renders productive opportunities for the market for both residential and non-residential applications. Furthermore, accelerated industrialization and continuous strategic actions initiated by market players play a significant role in the growth of the market.

For the purpose of this study, Reports and Data have segmented the market on the basis of Additives, Product, Application, Substrate Type, and region:

Additives Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Sand
Quartz
Others

Product Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Smooth textured paint
Self-mixing paints
Smooth textured paint
Premixed
Others

Application Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Residential
Non-residential

Substrate Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Interior
Exterior

Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Further key findings from the report suggest

The texture paint market is estimated to reach USD 12.28 Billion by 2026, at a CAGR of 4.2% during the forecast period.
The smooth textured product accounts for the largest share of 30.1% of the market in 2018.
The sand additives is anticipated to grow at the highest rate of 4.2% during the forecast period.
The non-residential application segment is anticipated to grow at a higher rate of 4.7% during the forecast period.
The interior substrate type is anticipated to grow at a higher rate of 4.4% during the forecast period.
Rising consumer spending power on home improvements is anticipated to impact the market during the forecast period positively.
The blend of color and texture conveys a definite experience, so the right mix is a solution to the overall design.
Various players are developing strategies to mark their presence in the industry.
Dulux Paints is estimated to go green by 2019, naming two deep green tones, Mojito Shimmer and Night Watch, Mojito Shimmer, as co-colors of the year. Night Watch is motivated by nature, depicting abundant greenery and giving a calming yet exhilarating sense of happiness. On the other hand, Mojito Shimmer holds a unique, radiant, frosty-green coating. They are accessible in forty light-animating colors, creating a silky layered impression that is smooth to the touch, and also produces a notable multi-toned and bright surface.

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Industrial Salts Market Analysis & Opportunity Outlook 2027 | Reports And Data

The global industrial salts market is projected to reach a value of USD 24.14 Billion in 2027. Growing usage of industrial salts as a building block in the chemicals industry, major uplift in demand for industrial salts in detergent and soap and agro-chemical manufacturing, and rapidly increasing in deployment of wastewater and water treatment solutions in industrial & municipal sewage services are major factors driving market growth.

Rise in domestic production of dyes and chemical pigments is also supporting growth of the market. Also, rising consumption of pesticides, pharmaceutical drugs, and cosmetics in Asia Pacific and considerable rise in production base in countries such as China, Japan, and India is driving demand for industrial salts to a significant extent.

In addition, growing number of pharmaceutical industries and usage of industrial salts in the manufacture of drugs in APAC countries such as India, China, and Japan, and increasing growth in consumption of pesticides in the region is expected to contribute significantly to global market revenue and growth.

Key players in the market include Compass Minerals America Inc., K+S AG, China National salt Industry Co., Cargill, Inc., Mitsui & Co. Ltd., Tata Chemicals Ltd., Exportadora de Sal de C.V., Dominion Salt Ltd., Rio Tinto Group, and Morton Salt, among others.

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For the purpose of this report, Reports and Data has segmented the global industrial salts market on the basis of End-Use, Source, Product, and Region:

End-Use Outlook (Revenue: USD Billion; 2017-2027, Volume: Kilo Tons; 2017-2027)

Chemical Processing
De-icing
Oil & Gas
Water Treatment
Agriculture
Others

Source Outlook (Revenue: USD Billion; 2017-2027, Volume: Kilo Tons; 2017-2027)

Brine
Salt Mines

Product Outlook (Revenue: USD Billion; 2017-2027, Volume: Kilo Tons; 2017-2027)

Rock Salt
Salt in Brine
Solar Salt
Vacuum Pan Salt

Regional Outlook (Revenue: USD Billion; 2017-2027, Volume: Kilo Tons; 2017-2027)

North America
Europe
Asia Pacific
Latin America
MEA

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Further key findings in the report

In February 2020, Stone Canyon Industries Holdings LLC announced its agreement of acquisition of business of Kissner Group Holdings LP, which is a industry-leading pure-play producer and supplier of salt in North America.
Considerable surge in demand for clean and safe water has been resulting in rising investments in water treatment facilities globally, hence driving overall market growth.
The solar salt segment accounted for largest revenue share of 42.6% in 2019, and is expected to register at a CAGR of 6.4% during the forecast period. The higher market share accounted for by the solar salt segment is attributed to increasing focus and investments in wastewater treatment plant operations and facilities, and is resulting in increasing demand for solar salts for a varying range of applications – including for topping up brine tanks and water softeners – in these facilities.
The market in North America is projected to account for 27.2% revenue share in the global industrial salts market by 2027, owing to significantly high usage of industrial salts in de-icing and chemical processing applications.

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Glyphosate Market Share, Recent Development, Outlook, Segmentation and Forecast To 2027

The global glyphosate market is forecasted to reach USD 13.31 Billion by 2027, according to a new report by Reports and Data. The increasing need for better crop yield and the reduction of arable land has prompted an increase in the demand for herbicides, which is the primary driving factor of the glyphosate market. Herbicides also decrease the need for manual and mechanical weeding. This is boosting its demand, particularly in developing economies. A rising focus on food security has facilitated the adoption of herbicides for the efficient cultivation of mixed crops and to enhance crop yield.

The U.S. is one of the major countries with natural farmlands and over 913 million acres of cultivable land. It is also the largest exporter of agricultural products in North America. The country generated around USD 133.00 billion in revenue in 2018. Adoption of modern agricultural techniques and increased awareness regarding soil patterns and climate uncertainties are the factors expected to drive the demand for herbicides over the forecast period.

Key participants include Nufarm Limited, Bayer AG, The Dow Chemical Company, Zhejiang Xinan Chemical Industrial Group Company Limited, United Phosphorous Limited, E.I. Du Pont De Nemours and Company, Nantong Jiangshan Agrochemical & Chemical, Inc., Syngenta AG, ADAMA Agricultural Solutions Limited, and Monsanto Company, among others.

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The COVID-19 impact:
The COVID-19 pandemic is having a significant impact on the glyphosate industry. Demand for glyphosate is suffering severe shocks across various end-use markets, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. The lack of free movement of the labor force required for the application of herbicides or weed killers in the agricultural fields is lacking, thereby hindering the growth of the market in the COVID-19 pandemic. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.

For the purpose of this report, Reports and Data has segmented into the global glyphosate market on the basis of crop type, distribution channel, application, and region:

Crop Type Outlook (Revenue, USD Billion; 2017-2027)

Genetically Modified
Conventional

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

Online
Offline

Application Outlook (Revenue, USD Billion; 2017-2027)

Agricultural

Oilseeds & Pulses
Grains & Cereals
Fruits & Vegetables

Non-Agricultural

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America
Europe
Asia Pacific
MEA
Latin America

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Further key findings from the report suggest

Genetically modified crops held a significant market share in 2019. Genetically modified crops that are tolerant to herbicides such as glyphosate allow farmers in easy weed control during the growing season and enable to have improved flexibility in deciding the spraying time.
Glyphosate is garnering significant traction in the market due to the reduced cost and requirement of less effort in weed control.
Glyphosate is the leading type of herbicide used in the US with regards to the area treated. It is a herbicide that is effective against a wide range of weeds comprising sedge, broadleaf, and grass weeds leading to the least residual toxicity to crops.
The market in the Asia Pacific region contributed to the largest glyphosate market share in 2019. The market dominance of the APAC region may be attributed to the presence of key producers in the region. Moreover, high demand for food, owing to the presence of a growing population in developing economies, such as India and China, and the easy availability of raw materials.

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Nano-enabled Packaging Market Growth, Major Companies Analysis and Forecast To 2027

The Global Nano-enabled Packaging Market is projected to grow at a CAGR of 13.2% from USD 36.71 billion in 2019 to USD 99.68 billion by 2027. Increasing requirements for effective packaging solutions specially for food and beverages, pharmaceutical sector is a key factor behind the industry’s consistent growth. Apart from this, food safety regulations introduced by governments around the world is further fuelling the market’s growth.

Increasing investments for developing efficient packaging solutions is likely to provide major boost to the industry. Growing awareness regarding the benefits offered by the packaging solutions especially for food items and pharmaceuticals is having a major positive impact on the industry. Apart from this favourable regulations introduced by organizations like FDA regarding manufacturing of packaging materials is expected to further augment the market’ss growth. These packaging solutions are extremely beneficial for pharmaceuticals, personal care and cosmetics products, beverages, meat products, vegetables and ready-to-go meals amongst others. The industry woul witness significant growth in the Asia Pacific sector due to the well established food processing, pharmaceutical and personal care sector in countries like China, Japan and India.

Key players in the market include BASF SE, Danaflex Nano LLC, Amcor Limited, Chevron Philips Chemical Co. LLC, Sonoco Products Co., Honeywell International Inc., Bemis Company Inc., Avery Dennison, Tetra Pak International S.A. and DuPont Teijin Films.

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The major factor restraining the industry’s growth is the high cost of the materials used in nano-enabled packaging which ultimately makes the products using such packaging costly. Thus these products become unaffordable to a major section of the population. Major players of the market are trying to formulate strategies in order to negate this factor.

The COVID-19 impact:

The COVID-19 pandemic is likely to have a major positive impact on the growth of the market. The demand from every sector would increase significantly. Usage of such packaging materials would become necessary since awareness amongst people would increase. People would become more conscious about the spread of micro organisms and would increasingly adopt safety measures or equipments. This would create a demand-supply gap in the industry and the major companies in the market needs to respond to the situation quickly. They need to scale up their production levels and show their social responsibilities. The major players need to strategise their operations in order to address the growing requirement for the market products.

For the purpose of this report, Reports and Data have segmented into the global Nano-enabled Packaging Market on the basis of Technology, Sales Channel, Application and region:

Technology Outlook (Revenue, USD Billion; 2020-2027)

Active Packaging
Intelligent and Smart Packaging
Controlled Release Packaging
Others

Sales Channel Outlook (Revenue, USD Billion; 2020-2027)

Offline
Online

Application Outlook (Revenue, USD Billion; 2020-2027)

Food & Beverages
Pharmaceutical
Personal Care & Cosmetics
Consumer Electronics
Others

Regional Outlook (Revenue, USD Billion; 2020-2027)

North America
Europe
Asia Pacific
MEA
Latin America

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Further key findings from the report suggest

The intelligent and smart packaging technology segment is growing in popularity due to its utility in preserving bakery products, meat products, beverages, fruits and vegetables.
Offline sales channel is popular among small suppliers and producers who are trying to cater to the domestic markets of their respective regions.
The pharmaceutical application is predicted to have significant growth due to increasing awareness amongst people regarding quality of drugs.
The European countries are forecasted to retain a steady growth rate due to high demand from food and beverages as well as personal care and cosmetics industry. Introduction of food safety regulations is expected to drive the market’s growth
In May 2020, Danaflex Nano LLC launched packaging material for COVID test strip, antisepetics and other personal medical equipments.
In June 2020, BASF SE extended its packaging coatings production to South China to cater to the growing domestic demand and reduce lead times.

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Metal and Ceramic Injection Molding Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

The global Metal and Ceramic Injection Molding market is forecasted to reach USD 4.95 Billion by 2027, according to a new report by Reports and Data. Metal Injection Molding and Ceramic Injection Molding are together known as powder injection molding. The Injection molding technique is used to manufacture products, as it provides benefits, such as high strength, improved surface finish, and the ability to make complex products. Metal and Ceramic Injection Molding imparts a sophisticated production capacity to the conventional molding process. The market is witnessing high demand due to the increasing consumption of complex parts that require high-performance materials and reduced sizes.

The market is experiencing a high demand from various end-use industries, such as automotive, aerospace, electronics, and healthcare. Increasing demand for the market from the firearms industry, especially in the region of North America, is also leading to a surge in the demand of the market. Limitations in the weight and size of the molded parts, along with the high prices of the materials, are expected to hinder the demand for the product.

Key participants include B. Components, Hong Ya Industrial, Abbott Furnace Company, Cypress Industries, G-Mag International, Datumag Inc., Affinity International LLC., Britt Manufacturing Co., Form Technologies Company, and C.N. Innovations Holdings Ltd., among others.

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The COVID-19 impact:
The COVID-19 pandemic has led to lockdowns in major countries of the world. This has led to the operations of many industries being halted. Industries that find applications for metal and ceramic injection molding, such as the automotive and electronics industries, are also not operating in the current scenario. This has led to a decline in the demand for the product. Major manufacturers involved in the market have also halted operations currently, which has led to a reduction in the supply. The medical industry is still operating in the current scenario, which has stopped the demand from going down drastically.

It is anticipated that once the COVID-19 pandemic is over and the situation becomes normal, the industries will start operating again, and the demand for the product will rise. Major manufacturers, who have currently halted operations due to the pandemic, are involved in innovations of metal and ceramic injection molding. This would help them capture a larger market share in the future. This will also create a greater overall market size.

For the purpose of this report, Reports and Data have segmented into the global metal and ceramic injection molding market on the basis of product, application, distribution channel, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

Iron and Steel
Stainless Steel
Copper
Aluminum
Alumina
Zirconia

Application Outlook (Revenue, USD Billion; 2017-2027)

Automotive
Medical
Electronics
Firearms
Defense/Aerospace
General Industrial

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

Online Stores
Offline Stores

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America
Europe
Asia Pacific
MEA
Latin America

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Further key findings from the report suggest

Zirconia is anticipated to grow at a CAGR of 4.9% in the forecast period. The product provides benefits, such as durability and strength. The product is used in various applications, such as pump seals, oxygen sensors, valves, impellers, precision ball valves, and medical prostheses.
In terms of Applications, Firearms is forecasted to grow at a CAGR of 6.2% in the forecast period. Usage of metal and ceramic injection molding leads to an increase in the speed of production, along with better features of the product, such as better grips. Also, the product can be customized up to a large range.
The Offline Segment occupied 76.6% of the market share in 2019 owing to the high involvement of the product, where consumers like to physically examine the product before purchasing to make sure that it fits their requirements.
Latin America is forecasted to grow at a CAGR of 6.0% in the forecast period. The region has significant demand owing to the presence of countries, such as Brazil and Argentina, in the region where electronics and automotive industries drive the consumption of the market. The growth of the medical industry in the region also leads to increased market size in the region…Continued

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Synthetic Fibers Market Growth, Industry Analysis | Global and Regional Market Forecast to 2020-2027

The global Synthetic Fibers market is forecasted to reach USD 98.88 Billion by 2027, according to a new report by Reports and Data. Over the forecast period, the superior chemical, physical and mechanical characteristics of Synthetic Fibers are anticipated to drive the demand. Synthetic Fibers are developed from polymers and are regarded as human-made fibers. The evolving lifestyle and growing trend in fashion, increasing demand for increased performance and lightweight content among the populace, and improvements in green Synthetic Fibers are reported as significant factors in the market that are expected to fuel growth in the years ahead. The beneficial chemical characteristics such as moisture resistance, chemical resistance, and abrasion are estimated to accelerate market demand over the forecast period. Polyester has been used widely in textile applications for longevity, wrinkle, and stain resistance considerations. When combined with other Synthetic Fibers, the polyester enhances the appearance of the surface, as it provides more excellent luster.

Key participants include Toray Industries, Inc., E. I. du Pont de Nemours, and Company, Lenzing AG, Bombay Dyeing, Teijin Limited, Toyobo Co., Ltd., Indorama Corporation, Mitsubishi Chemical Holdings Corporation, Reliance Industries Limited, and China Petroleum Corporation, among others.

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Synthetic Fibers is used in a variety of applications such as clothing, home furnishing, automotive, and filtration, because it imparts valuable quality attributes, including heat and moisture resistance. Customers' growing purchasing potential to buy stylish clothing is expected to cause an increase in demand for different types of fibers. These variables are supposed to bolster market demand. The rising customer interest in home furnishings is spurring segment growth. These fibers are needed by industry for the production of bed linen, sheets, upholstery, wall coverings, soft home decor, rugs, and similar items.

The population increase, along with growing urbanization, also has a significant impact on the home furnishings industry. However, stringent environmental regulation is associated with the non-biodegradability of Synthetic Fibers, which limits overall industry growth in the years to come.

For the purpose of this report, Reports and Data has segmented into the Global Synthetic Fibers market on the basis of Type, Distribution Channel, application, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

Polyester
Nylon
Acrylics
Polyolefin
Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

Online
Offline

Application Outlook (Revenue, USD Billion; 2017-2027)

Clothing
Home Furnishing
Automotive
Filtration
Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

U.S
Canada

Europe

Germany
U.K
France
BENELUX
Rest of Europe

Asia Pacific

China
Japan
South Korea
Rest of APAC

Saudi Arabia
UAE
Rest of MEA

Latin America

Brazil
Rest of LATAM

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Key Questions Addressed in the Report:

What are the key driving and restraining factors of the global Synthetic Fibers market?
What are the major challenges and risks the companies will have to face in the market?
What segment and region is expected to dominate the market over the forecast period?
What are the latest and emerging trends of the Synthetic Fibers market? How will they impact the global market over the forecast period?
What is expected growth rate of the Synthetic Fibers market over the forecast period?
What are the strategic business plans and steps taken by the key competitors to gain a robust footing in the market?
What product type or application segment is expected to grow at a significant rate during the forecast period?
What are the factors influencing the growth of the Synthetic Fibers market?
Which companies are operating in the global market?
What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?

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Ceramic Coatings Market Size, Top Trends in 2020 - Global Industry Revenue, Forecast to 2027

The Global Ceramic Coatings Market is projected to reach USD 14.09 billion in 2027. Due to the increased use of ceramic based nano-hydrophobic coating in premium automotive & aerospace, the demand for the market is expected to grow substantially over the next few years.

Due to its anti-corrosion properties, Ceramic Coatings are widely used in the automotive and transport industry and offer protection for abrasion and heat. Ceramic Coatings are used to add a blazing glossy look to the exterior body of cars that slowly is replacing wax for the finished, polished look.

Key players in the market include A&A Thermal Spray Coatings, APS Materials Inc., Aremco, Bodycote PLC, Ceramic Pro, Praxair Technology, Inc., DowDuPont, Fosbel Inc., Keronite and Morgan Advanced Materials PLC, among others.

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Through growing research and development operations, Ceramic Coatings are venturing into larger segments of use. Automotive and construction are currently considered to be the main market for Ceramic Coatings. With additional product innovations, however, the Ceramic Coatings is likely to have greater application share than its counterparts, such as PTFE or regular coatings.

Acquisitions and strategic alliances are an integrated component of this market and allow firms to expand and hold their market position. The latest strategic policies mean that end-use businesses acquire & merge with businesses that hold technologies and patents to manufacture the Ceramic Coatings to reduce the expense of the operation and hence the finished product costs.

The portion of Ceramic Coatings production in Asia-Pacific is exported mainly to Eastern Europe. Countries such as China and India manufacture ceramic epoxy coatings that align with the regional material norms. The coating solution for the Asian countries is typically imported from North America because the goods made in the Asia Pacific zone are ideal for humidity affect compliance.

The growth of the Ceramic Coatings market is hindered by factors such as high cost of Ceramic Coatings, capital-intensive manufacturing system, and thermal spray process durability and quality problems.

The COVID-19 impact:
The COVID-19 pandemic would undoubtedly put the sector's growth at any point in jeopardy. Significant players in the industry remain unsure about the future of the industry, and they tend to adapt their strategies to support themselves in this battle. The pandemic had a significant impact on automotive, aviation, tourism and most multinational companies had to avoid factories and other sectors. There is a lack of staff in certain parts of the world due to regular lockdowns. COVID-19 affected international economies, exports, and imports, leading to a substantial drop in production. The growing businesses on the planet are seeking to clean out their holdings and keep the emphasis on their cash reserves. The actual net income of the people will certainly be reduced because suppliers would provide new goods at much cheaper rates that meet consumer desires.

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For the purpose of this report, Reports and Data have segmented into the global Ceramic Coatings Market on the basis of Product, Technology, Application, and region:

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Oxide
Carbide
Nitride
Others

Technology Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Thermal Spray
Physical Vapor Deposition
Chemical Vapor Deposition
Others

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Transportation & Automotive
Energy
Aerospace & Defense
Industrial Components
Healthcare
Others

Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

North America

U.S
Canada

Europe

U.K
Germany
France
BENELUX

Asia Pacific

China
Japan
South Korea
Rest of APAC

Latin America

Brazil
Rest of LATAM

Saudi Arabia
UAE
Rest of MEA

Benefits of Ceramic Coatings Market Report:

In-depth understanding of the market size and growth of Ceramic Coatings market
Easy identification of growth opportunities and key product development strategies
Historical and forecast data for Ceramic Coatings market to assist the decision making process
Production and consumption ratio, import/export data and company’s market position explained in detailed with graphs and charts to aid in decision making
Statistical analysis represented in the form of charts, tables, diagrams, and others
Strategic recommendations about partners and suppliers

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Tuesday, 15 June 2021

Flotation Reagents Market Analysis, Technology Progress and Forecast (2020-2027)

Flotation Reagents are chemicals that are used in various industries according to the products manufactured. Their high demand is fed by their increasing utility in the water and wastewater treatment, explosives and drilling, and mineral processing industries, among others. These chemicals are used for separation of materials from water depending upon their solubility and cohesion with water molecules. The Flotation Reagents market is projected to grow at a rate of 5.8% in terms of value, from USD 4.36 Billion in 2019 to reach USD 6.89 Billion by 2027.

The increase in demand for freshwater owing to its depleting sources is leading to the growth of the flotation reagent market. The need for better water treatment, owing to several stringent environmental regulations implemented are creating a huge demand for these chemicals. The usage varies from the purification of coal to the cleansing of precious minerals. The industry effluents are also being treated so as to retain the quality standard of exhaust materials and to make them reusable again.

Key participants are BASF SE, Cytec Solvay Group, Clariant AG, Kemira OYJ, Huntsman, Dow Chemical, AkzoNobel, SNF FLOERGER SAS, Evonik, and Orica, among others.

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The previous-mentioned factors collectively create opportunities for the market growth while factors such as unfavorable effects of flotation reagents pose limitations in the market. These factors include strict policies for using mining chemicals which pose a hazardous threat to the environment. Consistent research and developments in the flotation reagents market owing to innovative efforts have enhanced the efficiency of these chemicals.

The population of Asia Pacific has been shifting towards the youth, and the purchasing potential of this young populace is also increasing. The developing countries are looking at China and India as the global market leaders for the flotation reagent market. These countries consist of over 35% population across the globe and application in wastewater treatment in this region will grow at a very high rate.

For the purpose of this report, Reports and Data have segmented into the global Flotation Reagents Market on the basis of reagent type, application type, end-users, and region:

Reagent Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Flocculants
Collectors
Frothers
Dispersants
Others

Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Explosives and Drilling
Mineral Processing
Water & Wastewater Treatment
Others

End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Mining
Pulp and Paper
Industrial Waste and Sewage Treatment
Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America
Europe
Asia Pacific
MEA
Latin America

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Further key findings from the report suggest

The flocculants segment in the flotation reagents market is set to experience the highest CAGR of 6.2% in the forecast period. This is owing to its increasing utility in a variety of mines, mineral processing plants, and purification of minerals, among others.
Mineral processing segment held a market share of 27.6% in the year 2018. This significant share is derived due to the increasing utility in purification procedures, which involves aeration of minerals in water in the presence of these chemical reagents, leading to the attachment of air bubbles and, in turn, levitation of certain minerals.
Industrial waste and sewage treatment category is predicted to observe the highest CAGR of 6.6% during the forecast period. This is owing to the increasing regulations and strict policies invoked by authoritative bodies in order to control and restrict the usage and effluent of hazardous wastes. Waste products are being treated to make these materials reusable and less toxic for the environment.
Asia Pacific is anticipated to witness the highest CAGR of 7.1% during the forecast period. Countries like India, Japan, and China are rapidly catching up with the growth in the flotation chemicals. This is primarily due to the rapid influx of investments from different mining corporations along with regulations imposed by the governing bodies on wastewater treatment.

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Tuesday, 29 June 2021

Tuesday, 15 June 2021

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