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Showing posts from April, 2018

Global Wood Coatings Market: Players Bank on Product Differentiation to Grow

Presence of numerous companies makes the global wood coatings market highly competitive. Prominent companies operating in the global wood coatings market show high degree of forward integration, which provides them with a decided competitive advantage. Apart from that, manufacturers are also seen focusing on product differentiation to entice more customers. Some of the key players in the market are BASF SE, PPG Industries Inc., the Asian Paints, Nippon Paints Holdings, the Dow Chemical Company, and Sherwin-Williams Company. The top four companies, namely The Sherwin Williams Company, PPG Industries Inc., Akzo Novel N.V. and RPM International Inc. accounted for almost 60.0% share in the global wood coatings market in 2016. Of them, The Sherwin Williams Company led the market with a majority share of 21.3% in 2016. A noticeable trend in the global wood coatings market is the foray of small and medium manufacturers which has served to intensify the competition. Most of them

Global Unsaturated Polyester Resins Market: Rise in Demand from Varied End-Use Industries Ups Growth

The global unsaturated polyester resins market is anticipated to witness a steady growth curve over the coming years. According to a report by Transparency Market Research (TMR), the market is predicted to progress at a swift pace. Due to high demand form varied end-utility applications and industries, prominent vendors are expected to venture into mergers and acquisition for improved product portfolios. Companies are expected to research into the arena of superior recycling methods and processing technology. Some of the key participants of the global unsaturated polyester resin market are Nuplex Industries Ltd., Polynt-Reichhold Group, U-Pica Company Ltd., Royal DSM and BASF SE. The global unsaturated polyester resins market was valued at US$5,744.3 mn and is prognosticated to rise at a CAGR of 5.0% from 2017 to 2022. Expanding at this pace, the market is likely to reach a valuation of US$7,339.9 mn by the end of the forecast period. APEJ to Emerge as Leading Regional Seg

Thermal Insulation Market: Government Initiatives to Encourage Market Growth

The world thermal insulation market is gaining advantage from various government supported environmental regulations that have been formulated and implemented for the purpose of conservation of energy in various buildings. To be more particular, governments of various cold countries are taking interest in this and are actively making a promotion of zero energy loss buildings which can be obtained by means of credible materials of thermal insulation. In accordance with an analysis by the institute for Energy Diversification and Saving or IDEA, improvements in thermal insulation could account for up to 30% fall in air conditioning and heat consumption so as to translate it into savings of money and energy and also resulted into diminished emission of CO2 as well. The world market for thermal insulation is characterized by the strong presence of many international and global market vendors and this accounts for a landscape that is markedly fragmented. The said report has taken int

Global Rubber Coated Fabrics Market: Extensive Uptake in Automotive Industry to Accentuate Growth

Companies exhibiting their prominence in the global rubber coated fabrics market include N-TORN Corp, ICP DAS Co., Ltd., Sixnet Holding LLC, L-Com, Inc., and Microsemi Corporation, finds Transparency Market Research (TMR). Top players seek to retain their stronghold by focusing on product innovations and by actively making product launches to meet current and emerging needs of various end-use industries, observes TMR. These initiatives by leading players are expected to raise the level of competition in the landscape over the years. Several players are tapping lucrative avenues in emerging economies, notably in Asia Pacific, in order to strengthen their positions. The global market for rubber coated fabrics stood at US$1.5 billion in 2017 and is projected to rise at a CAGR of 5.0% from 2017 to 2022. By the end of the assessment period, the global market is likely to touch a revenue valuation of US$2.0 billion. The key coating types comprise transfer coating, direct coating

Rise in the Manufacture of Furniture Across the World Propels Global Polyester Staple Fiber Market

The global polyester staple fiber market currently houses vendors that compete amidst themselves without the entry of any external players. The main parameters along which the market players compete include price, credit terms, and product quality. The market players are making prolific efforts to ensure that their position in the market takes greater leaps. Customer loyalty and a substantial consumer base are important standpoints for the market players. In order to retain both of these perks, the players are introducing novel strategies such as technical support post sales. In the coming years, the entry of new players is expected to be barred by the need for high capital and prolonged gestation periods. The market players are projected to keep engaging in core research and development to devise novel products and services. The ability to persuade the customers and keep them glued to the company would play a pivotal role in deciding the success of companies. The key market players

Global Wood Preservative Chemicals Market: Changing Lifestyle Boosts Spending on Wood-based Decoration, in turn Fueling Growth

The key players that are at the forefront of competition in the global wood preservative chemicals market are BASF SE, Koppers Inc., Lonza Group, Lanxess, Troy Corporation, Safeguard Europe Ltd., Rütgers Organics GmbH, Rio Tinto Borates, and Kurt Obermeier GmbH. As per estimates of Transparency Market Research, the global wood preservative chemicals market was worth US$1,663.2 mn in 2016. Expanding at a CAGR of 3.7% between 2017 and 2025, the market is expected to attain a value of US$2,284.2 mn by 2025. Fewer Detrimental Impact on Environment Favors Use of Waterborne Wood Preservative Chemicals The product type segments of the global wood preservative chemicals market considered in this study are chromated arsenicals, creosote, copper based, zinc based, and others. Copper based is one of the key segments in the market as they are less toxic and display high efficiency. Waterborne chemicals amongst other segments based on technology currently leads the wood prese

Global Transformer Oil Market: Global Power Crunch Pushes Demand for Higher Efficiency in Regulation and Distribution

The global market for transformer oil is currently strongly consolidated in nature, and is likely to remain in a similar state over the coming years, according to a new research study by Transparency Market Research (TMR). The five leading players in the market – ExxonMobil, Shell, Nynas AB, and Sinopec – took up over 45% of its overall value in 2015. The key players are dedicating more of their assets on the developing of novel, safe, and green bio-based transformer oils to be made commercial at competitive prices, in an effort to reinforce their status in the global transformer oil market in the coming years. As stated in the TMR research report, a greater proportion of the leading entities in the global transformer oil market have established strong channels in sales and distribution. As a result, the competitive landscape in the market is expected to steadily become more intense in the years to come. The global transformer oil market was valued at US$1.99 bn in 2015. Analys

Global Marine Coatings Market: Companies Focus of Product Diversification to Stay Ahead of Curve

The global marine coatings market, which is consolidated on account of a handful of top players accounting for a significant share in it, has been growing at a healthy clip – a trend it is likely to retain in the near future as well. Keen players in the market are focused on product development and usually bank upon a wide array of products to cater to the specific demands of the client. Some of the prominent players in the global marine coatings market are Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Chugoku Marine Paints Ltd., and Sherwin-Williams Company. As per a report by Transparency Market Research, the global marine coatings market will, in probabilities, expand at a CAGR of 6.1% between 2017 and 2025. Rising at this pace, the market which was worth US$8.53 bn in 2015, is predicted to reach a value of US$14.52 bn by 2025. Some of the key products in the global marine coatings market are anti-fouling coatings, foul release coatings, anti-corros

Global Independent Lubricant Manufacturers Market: Rapid Emergence of Bio-based Lubrications Boost Market

The global independent lubricant manufacturers market is largely consolidated, as the top four vendors accounted for a combined share of almost 58.0% in 2016, finds Transparency Market Research (TMR). The frontrunner in the market is FUCHS, a German-based multinational company and one of the largest independent lubricant manufacturers, who held a substantial revenue share of around 37% in the same year. Some of the leading players are Forsythe Lubrication Associates Ltd., Motul, Carlube, BVA Oils, AMSOIL INC., and ADDINOL Lube Oil GmbH. In spite of the sway held by a handful of top players, the marked presence of a number of small players and a number of new entrants is likely to account for elevating competitive landscape in the coming years. Players in general consider product pricing and distribution channels as few key determinants of the prominence in the overall market. Top players are aiming at offering innovative products in order to gain a better foothold in the market.

Global Bromine Market: Usage as Fire Resistant in Various End-use Industries Driving Demand, notes TMR

The analysts of a fresh business intelligence study by Transparency Market Research (TMR) have detected that the global bromine market is moderately consolidated in nature, with a small pool of players holding major shares. The report identifies Gulf Resources Inc., Israel Chemical Ltd. (ICL), Jordan Bromine Company Limited, and Albemarle Corporation as some of the notable players who are currently ahead of the curve in the global bromine market. This position of strength of the aforementioned companies is a reflection of their strong manufacturing capabilities as well as presence in various geographical regions. These well established players, on the back of their technological resources and financial might, are also indulging on the research and development of innovative products as well as price them competitively to counter their rivals. Chemtura, Tosoh, Honeywell International, Hindustan Salts, TETRA Technologies, and MORRE-TEC Industries are some of the other key players worth

Global Biopesticides Market: Rising Awareness about Environmentally Viable Agriculture Spikes Demand

Players exhibiting prominence in the global biopesticides market include Monsanta, BioWorks, Inc., AgriChem, Nufarm Agricultural Products, FMC Corporation, Syngenta, and Certis USA L.L.C., finds Transparency Market Research (TMR). The presence of robust sales and promotional channels in various countries help the top players cement their position in the global market, with many seeking to gain small shares in various regional markets in the coming years. In these regions, the entry of new players at the local scale is likely to make the landscape more fragmented over the years. Furthermore, new entrants may pose a threat to established players. Several players are also focusing on innovations in various product categories to stay ahead of their competitors. The global biopesticides market was worth US$3.3 billion in 2017 and the opportunity in the market is projected to surge to a valuation of US$9.5 billion by 2025. The market is anticipated to rise at an impressive CAGR of 13

Global Bio-based Succinic Acid Market: Adoption of Sustainable Methods of Production Replacing Petrochemical Feedstock Stoking Demand

A growing number of players in the global bio-based succinic acid market are taking active interest in bio-based methods of producing succinic acid as is evident in its rapidly rising production volumes, notes Transparency Market Research (TMR). Several players are focused on finding novel approaches for large-scale industrial production to capitalize on emerging opportunities. They are increasingly adopting better technologies that have low ecological footprint for the cost-effective production of bio-based succinic acid. A number of companies in the market are experimenting with a variety of inorganic and organic expansion strategies, in order to get a firm foothold in the market, TMR observes. In addition, top players constantly seek to expand their product portfolio and are setting up research and development centers at strategically important regions, in a move to consolidate their positions in the market. Some of the leading players operating in the global bio-based su