Pratiksha M

  • Battery Monitoring System Market to receive overwhelming hike in Revenues by 2025

    Demand for clean energy has increased significantly due to the rise in awareness and increase in concerns regarding global warming. This has led to a shift toward sources of energy such as solar, wind, and environmentally-friendly electric and hybrid vehicles. Energy storage is a grave concern for successful implementation of these clean solutions. It can be resolved by the application of battery of various capacities for energy storage. Hence, monitoring of these batteries is an important task that helps ensure the proper working of these clean technologies and applications that are directly or indirectly dependent on battery. Battery monitoring system continuously measures, records, monitors, and analyzes various parameters for individual cells and battery modules. Analyzing the data obtained from battery monitoring helps one to know the condition of the battery or cell. It would also help in taking proper actions in order to avoid unplanned power outages.

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    The battery monitoring system aims to notify the user about the existing scenario and health of the battery or battery bank. It alerts the user about the failure of batteries in the bank. It also alerts the user about the net charge existing or total backup available from battery or the battery bank. Any particular damage to the battery can be easily monitored in order to take necessary action to guard the battery from any major damage hindering its ability to perform. Hence, battery monitoring can prolong the overall battery life and its efficiency. A battery monitoring system generally monitors charging, discharging, and load on the battery; AC mains frequency & voltage; and ambient temperature and temperature of the battery. The battery monitoring system also helps generate live report of the battery performance and triggers alarm if any fault is detected.

    Based on end-user, the battery monitoring system market can be segmented into energy industry, automotive industry, IT & telecommunication industry, and others. In the energy industry, the battery monitoring system is used to monitor battery conditions used for storing power generated from solar and wind energy, or for monitoring the battery utilized as power backup in power generation and oil and gas segments of the energy industry. In the automotive sector, the battery monitoring system is used primarily in electric and hybrid electric vehicles to indicate the status of the various parameters of the battery used. In the IT & telecommunication industry, the battery monitoring system is employed to ensure the proper working of the battery that provides power to various intensive and critical devices. The others segment includes manufacturing, defense, and healthcare.

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    In terms of region, the battery monitoring system market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to hold major share of the global battery monitoring system market during the forecast period. Europe is expected to follow the lead of North America during the forecast period. However, Asia Pacific is anticipated to have significant growth potential; the market in the region is estimated to expand at a significant pace during the forecast period.

    Key players operating in the battery monitoring system market include ABB Group, Crucial Power Products, BTECH, Inc., C&D TECHNOLOGIES, INC., NDSL Group LTD, General Electric Company, and PowerShield Limited.

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    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • High Voltage Cables & Accessories Market Forecast and Trends Analysis Research Report

    The power transmission & distribution industry presently requires advanced transmission networks that are capable of safely carrying high voltage current, while guaranteeing reliable endless power supply. High voltage power cables and accessories aid in the transmission of enormous quantity of electricity over long distances. These are shielded cables, primarily used to transmit very high voltages of power. Accessories consists of conductor shield, conductor, insulator, sheath, metallic, and semi-conducting insulation shield. Government organizations, service vendors, and private manufacturers are concentrating on assimilating their present technologies with high voltage power transmission systems in order to increase their capacity considerably. This in turn, is fostering market expansion.

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    Developing economies such as China, India, and Mexico have substantially contributed in the rising demand for high power transmission and distributions across the globe. Furthermore, improved purchasing power of individuals, coupled with per capital consumptions has led to increase in demand for energy. Therefore, to sustain the required supply of energy, companies are financing technologies that can distribute and transmit power efficiently. Thus, a remarkable upsurge in high voltage cables & accessories and related accessory products is anticipated to be perceived in the coming years.

    The major drawback that might affect the high voltage cables & accessories market are the volatile nature of raw material prices and regulatory, environmental, and complex authorization procedures, which often leads to delays. However, need for efficient transmission systems, growth of offshore wind farms, and the increasing application on grid interconnections, is anticipated to reduce the impact of the aforementioned drawbacks of the high voltage cables & accessories market. Furthermore, constant rise in power generation capacity and implementation of smart grid technology are anticipated to further aid the market.

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    The high voltage cables & accessories market can be segmented based on installation type, product type, voltage, and region. In terms of installation type, the market can be divided into submarine, underground, and overhead. Underground cable systems are implemented by numerous countries to minimize transmission loss and reduce outage by providing uninterrupted power supply. The underground high voltage cables & accessories market is augmented by the requirement for greater power to be delivered to urban areas, along with an increasing resistance to overhead transmission lines in the proximity of residential areas. Based on product type, the high voltage cables & accessories market can be classified into fittings & fixtures, XLPE cables, cable joints, MI, cable terminations, conductors, and others. In terms of voltage, the market can be divided into 72.5kV, 123kV, 145kV, 170kV, 245kV, and 400 kV & above.

    Based on region, the high voltage cables & accessories market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the market in 2016 and this trend is anticipated to continue over the forecast period. China lead the high voltage cables & accessories market in Asia Pacific. Manufacturers and service providers are focusing, as well as, creating huge possibilities in the service industry. Furthermore, private service providers & producers, government, and manufacturers of cables & accessories are constantly trying to integrate their present technologies and develop novel ones generally to increase the volume of high voltage transmission and minimize the influence of high voltage transmission near residential areas.  The market in Middle East & Africa is fast expanding, owing to investments in R&D, rise in infrastructure developments, and evolving wind energy generation projects that generate electricity in the region.

    Key players operating in the market include NKT Cables Group A/S, Prysmian S.P.A., General Cable Corporation, Nexans S.A., Sumitomo Electric Industries, Ltd., LS Cable & System Ltd., Dubai Cable Company (Private) Ltd., and Southwire Company, LLC.

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    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • Construction Plastics Market Growth and Forecast 2018-2026

    Global Construction Plastics Market: Introduction

    Plastics are widely used in the construction industry due to their versatility, strength-to-weight ratio, durability, and corrosion resistance. Plastics are also employed in construction due to their lightness of weight. They are also easier to transport and handle. Construction plastics are resistant to rot and corrosion and have strong weatherability. Plastic can also be flexible, and are easily extruded, bent, molded, and 3D printed. Construction plastics are commonly used in pipes, cables, coverings, panels, films, and sheets.

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    Global Construction Plastics Market: Trends & Developments

    Increase in demand for PVC in the building & construction industry and rise in demand for expanded polystyrene (EPS) plastics are the major factors expected to drive the global construction plastics market. Sluggish economy of ChinaChina is largest producer of the plastics and prohibition of PVC products in green buildings are anticipated to hamper the global construction plastics market during the forecast period. Increase in investments in emerging economies and high demand for construction plastics in Asia Pacific are estimated to offer lucrative opportunities to the construction plastics market.

    Global Construction Plastics Market: Segmentation

    In terms of type, the global construction plastics market can be segmented into expanded polystyrene, polyethylene, polypropylene, and polyvinyl chloride. The polyvinyl chloride segment dominated the global obstruction market in 2018. Polyvinyl chloride is extensively used in pipes. Polyvinyl chloride offers thermal conductivity, insulation, scratch resistance, durability, design freedom, and flexibility. Polyvinyl chloride is also cheaper than other types of construction plastics. It can be removed and recycled with ease. Polystyrene is a low conductor of heat and helps in retaining heat in infrastructure. It is lightweight, and easy to install and handle. In terms of application, the global construction plastics market can be divided into insulation materials, windows & doors, and pipes. The pipes segment held major share of the construction plastics market in 2018. Pipes are made of lightweight materials and plastics. Construction plastics are also employed extensively in windows and doors.

    For more actionable insights into the competitive landscape of global market, get a customized report here.

    Global Construction Plastics Market: Regional Outlook

    Based on region, the global construction plastics market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific was a leading region of the global market in 2018, led by rapid industrialization and increase in personal disposable income of consumers in the region. Increase in demand for plastics in various end-use industries, such as construction, is also expected to boost the construction plastics market in the region. China is the largest producer of plastics. It manufactures plastics at low rates. Thus, Asia Pacific is an attractive region of the global construction plastics market. Shifting of the building & construction industry to Asia Pacific due to cheap labor, supportive government policies, and availability of natural resources is estimated to boost the construction plastics market in the region during the forecast period. In terms of demand, Asia Pacific is followed by North America. Rise in demand for renovation of old buildings in North America is likely to fuel the construction plastics market in the region.

    Global Construction Plastics Market: Key Players

    Key players operating in the global construction plastics market include DowDuPont, Asahi Kasei Corporation, LyondellBasell Industries Holdings B.V., Borealis AG, Solvay, SABIC, and Total.

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    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • Battery Additives Market - Industrial Forecast, Market Analysis and Trends till 2026

    Global Battery Additives Market: Overview

    Battery additives are components that enhance the performance of the batteries and improve their service life. Additionally, they enhance a battery’s charge holding capacity too. Battery additives have numerous applications and can manly be categorized into lead acid and lithium-ion types. The global battery additives market is expected to grow exponentially in the forecast period owing to the recent developments in the market.

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    The forthcoming Transparency Market Research report highlights the recent developments occurring in the global battery additives market. It shares reliable data on the current competitive landscape and market dynamics. Further, it sheds light on the strategies adopted by the major players in the market. In addition to this, the report also talks about the market segmentation and several applications of battery additives.

    Global Battery Additives Market: Drivers and Restraints

    In recent times, there has been an increase in the adoption of battery-powered electric vehicles. This has led to a rise in the demand for lithium-ion batteries as they have high energy density. Such a demand has resulted in an increase in the production of these batteries, thereby supporting the growth of battery additives market. The lithium-ion battery segment is perceived to see tremendous expansion in future owing to the multiple benefits it offers.

    Furthermore, advancements in battery technology and the penetration of battery additives in the end-use industries have led to a spur in the global battery additives market. Also, lead acid batteries are finding several applications in consumer electronics and automotive industry. This has positively impacted the battery additives market favorably leading to its expansion.

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    In addition to this, initiatives taken by governments to promote the use of alternative fuel vehicles have fuelled the global battery additives market. An increasing environmental awareness and rise in demand for renewable energy sources have further driven the industry’s growth. Moreover, extensive use of rechargeable batteries has boosted the sale of battery additives resulting in the market’s expansion.

    However, along with the drivers there are a certain restraints posing a threat to the market’s growth.

    An inadequate support infrastructure for electric vehicles and safety issues related to battery additives may hamper growth of the global battery additives market. Nonetheless, companies are working on enhancing the durability and efficiency of battery additives. This factor will broaden its scope of use, consequently leading to an expansion in the market.

    Global Battery Additives Market: Geographical Distribution

    Regionally, Asia Pacific holds the highest market share in the global battery additives market. In this region, emerging economies such as India, China, and Indonesia have contributed to the market’s growth. The growth in this region can be attributed to a high demand of electric vehicles. The market in the U.S. is expected advance significantly during the forecast period owing to an increasing adoption of electric forklift technologies. The battery additives market in Europe is expected to grow moderately. Strict environmental regulations and increasing electric vehicle sales majorly contribute to the market’s growth in Europe.

    Global Battery Additives Market: Competitive Dynamics

    Key players operating in the global battery additives market include 3M, Cabot Corporation, HOPAX, SGL Carbon, PENOX, Hammond and Imerys. These companies are investing in R&D activities to improve the shelf life of their products, consequently increasing their revenue share in the market. They are also adopting new marketing strategies to increase product awareness and improve their customer base.

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    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • Solar Water Pumps Market Comprehensive Industry Report Offers Forecast and Analysis 2026

    Solar Water Pumps Market: Overview

    solar water pump runs on the electricity generated by solar panels. These pumps are not connected to the grid and they release lower amount of emissions compared to conventional pumps. Solar pumps are highly economical in areas where grid electricity is not available. Components of solar water pumps include solar panels, a controller, and a pump. The size of the PV system determines the operating capacity of the pump.

    Solar Water Pumps Market: Drivers & Restraints

    Stringent government regulations to reduce carbon emissions released into the atmosphere is a major factor driving the solar water pumps market. Favorable government incentive schemes to promote the installation of solar water pumps are also fueling the market. Furthermore, from the viewpoint of protection of the environment, a majority of manufacturers are shifting from conventional pumps toward solar water pumps. Recently, KSB Pumps Ltd., a leading international supplier of pumps, valves, and related systems, has launched a new product called KSBSol. It is a submersible solar power pump set with high energy efficiency and reliability.

    Solar Water Pumps Market: Key Segments

    The solar water pumps market can be segmented based on product, application, and region. In terms of product, the solar water pumps market can be divided into submersible water pumps and surface water pumps. The submersible water pumps segment is expected to expand at a prominent CAGR during the forecast period. These pumps are specially designed to pump groundwater from deeper wells or boreholes, where surface pumps cannot be used. However, the surface water pumps segment is also expected to witness significant growth during the forecast period, primarily due to increasing drip irrigation activities in developing economies in Asia Pacific and Middle East & Africa.

    For more actionable insights into the competitive landscape of global market, get a customized report here.

    In terms of application, the global solar water pumps market can be segmented into agriculture, drinking water, and others. The agriculture segment is expected to expand at the maximum CAGR during the forecast period. In order to support and encourage large-scale deployment of solar pumps in the near future, the Government of India are providing farmers with interest-subsidy along with reduced capital-subsidy. Also, Several NGOs, through combined investments by farmers, have taken initiatives to install solar pumps in different parts of India. This factor drives the solar power pumps market in the country.

    Solar Water Pumps Market: Regional Outlook

    In terms of region, the global solar water pumps market can be divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominates the global solar water pumps market. The solar water pumps market in the region is expected to expand at a prominent CAGR during the forecast period. China, India, Japan, Bangladesh, and Indonesia are major contributors, in terms of revenue, to the solar water pumps market in Asia Pacific. Extensive agriculture activities and less electric grid connectivity for these activities drive the solar water pumps market in the region. Moreover, supportive government schemes for farmers and solar pump manufacturers are fueling the solar water pumps market in the region.

    Middle East & Africa is another major region of the global solar water pumps market. MEA witnesses the maximum penetration of sunlight across the world. Recently, in Morocco, the Ministry of Energy, Mining & Sustainable Development invested US$ 233 Mn to promote the use of solar energy to power water pumps for irrigation. The move is intended to help farmers reduce energy costs and use less butane gas in farming operations. Such factors augment the solar water pumps market in Middle East & Africa.

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    Solar Water Pumps Market: Key Players

    Key players operating in the global solar water pumps market are Lorentz, SunEdison, Inc., CRI Pumps Pvt. Ltd, Solar Power & Pump Co LLC, Tata Power Solar Systems Ltd., Shakti Solar Pumping System, WENLING JINTAI PUMP FACTORY, Bright Solar Pvt. Ltd., Grundfos, and American West Windmill and Solar Company.

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • Citric Acid Market: Comprehensive Industry Report Offers Forecast and Analysis on 2018-2026

    Citric acid’s wide ranging applications in the food and beverages, and pharmaceutical industries has propelled its demand in the past few years. The global citric acid market has been sturdy, and is predicted to witness a steady growth in the coming years.

    An upcoming Transparency Market Research report on the global citric acid market provides a detailed analysis of the current market and contains forecasts for the period between 2018 and 2026. The report sheds light on the market’s overview, major drivers and restraints, geographical analysis, competitive dynamics and its future prospects. These insights can prove as game changers for existing and upcoming players of the global citric acid market.

    Global Citric Acid Market: Drivers and Restraints

    The food and beverage industry continues to dominate the global citric acid market with respect to demand. This is predominantly due its widespread use in ice creams and dietary supplements. The acid’s ability to inhibit the growth of microbes, and enhance a product’s shelf life, makes it a preferred preservative. Further, it imparts sourness and tartness to enrich the food’s flavor.

    Another noteworthy quality of citric acid is its ability to aid digestion. Many people across the world suffer from digestive problems, thus fuelling the demand for citric-acid-based food and beverages.

    For more actionable insights into the competitive landscape of global market, get a customized report here.

    Pharmaceuticals is a prominent end use sector in the global citric acid market. Citric acid acts as a buffer that regulates pH in medicines. It is also used to prepare salt derivatives of metals and minerals. In addition, it is combined with sodium bicarbonate and used in effervescent formulas to manufacture personal care products.

    Other than food and beverage and pharmaceutical industries, the global citric acid market is also being driven by the animal feed, textiles, detergents and cleaners, and cosmetics industries. In cleaning products, it acts as a foaming and chelating agent that reduces the hardness of water. Citric acid is also used to develop photographic films.

    Consumption of citric acid in disproportionate amounts is the one of the foremost challenges of the global citric acid market. This can cause side effects like abdominal pain, nausea, vomiting and diarrhea.

    Global Citric Acid Market: Geographical Analysis

    North America is expected to hold the highest share in the global citric acid market. The steady rise in the population suffering from digestive problems will likely steer the demand in the U.S. For the very same reason, Europe could be another prominent region. People in countries like Germany are conscious about maintaining their digestive health. This has shot up the demand for products like citric acid based yoghurt. Awareness about citric acid-based food and pharmaceutical agents is witnessing an upward trend in the Middle East. Renowned pharmaceutical companies are opening offices in the Middle East region. This could be a major driver of the citric acid market in the region. Increase in the prevalence of cardiovascular diseases and the growing geriatric population is fuelling the demand for citric acid food products in China.

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    Global Citric Acid Market: Competitive Dynamics

    The major players in the global citric acid market are from the pharmaceuticals, and food and beverages industries. Some of them include Pfizer Inc., Cargill Inc., Jungbunzlauer Suisse AG, and Kenko Corporation. Such established players are seen adopting advanced machinery to produce innovative products. They are also investing heavily into research and development of new products.

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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  • Countertop Market Growth opportunities, Trends, Industry Analysis, and Forecast to 2026

    Global Countertop Market: Overview

    The interest inside the worldwide market for countertop has been raising by virtue of the need to upgrade the utility of inside spaces in houses and workplaces. A countertop is a raised stage with a level surface, and is regularly worked crosswise over kitchens, restrooms, research facilities, and different spaces. In certain districts, countertops are otherwise called worktops, kitchen seats, or seat tops, contingent upon the phonetics of the locale. The utility of countertops is vindicated by the way that these stages are fundamentally worked crosswise over measured kitchens, extravagance washrooms, and best in class research centers. Moreover, countertops are multi-reason stages with a wide scope of employments, and this factor has gigantically advanced these tops. The developments business has been quick in epitomizing the most recent advances which has given a lift to the interest for present day countertops. Countertops have developed from being fundamental stages made of cement to multi-reason stages that can be fitted over cupboards and other low-tallness furniture. Attributable to the sweeping utility served by countertops, the worldwide market for countertop is anticipated to win voluminous incomes in the years to come.

    Are you a start-up willing to make it big in the business? Grab an exclusive PDF brochure of Countertop Market report here

    The worldwide market for countertop might be portioned based on the accompanying parameters: end-use division, application, material utilized, and district. This division depends on a center investigation of the worldwide countertop advertise.

    A report added by Transparency Market Research (TMR) on the global market for countertop is an explanatory account of the forces that have propelled market demand in recent times. The report cohesively explains the dynamics prevalent across the various regional markets for countertop. Moreover, the business strategies adopted by the key vendors in the global countertop market have also been elucidated in the report.

    Global Countertop Market: Trends and Opportunities

    The availability of advanced, durable, and aesthetic countertops has played a vital role in the growth of the global market for countertop. The residential sector has emerged as the largest consumer of countertops, and this trend shall continue over the forthcoming years as the demand for modular kitchens rises. Furthermore, the use of countertops as shelves for toiletries in luxury bathrooms has also given an impetus to the growth of the global market for countertop. Research laboratories have been using countertops for decades, and this factor has played a major role in enhancing the growth dynamics of the global countertop market.

    Global Countertop Market: Market Potential

    The residential sector has attracted huge investments in recent times, and several global tycoons have come into the real estate business. This skyrocketing pace of growth in the constructions industry is expected to propel demand within the global market for countertop in the years to come. Furthermore, the use of countertops in new arenas such as the industrial and commercial sectors is also expected to bring in voluminous revenues into the global countertop market.

    For more actionable insights into the competitive landscape of global Countertop Market, get a customized report here

    Global Countertop Market: Regional Outlook

    The demand within the market for countertop in North America has been escalating at a boisterous rate, majorly due to the importance given to utility spaces in the constructions industry. The market for countertop in Asia Pacific has also expanded at a starry rate in recent times. This regional market propensity owes to the incredible advancements in the constructions industry in India and China.

    Global Countertop Market: Competitive Landscape

    Some of the key players in the global countertop market are Illinois Tool Works Inc., Caesarstone Ltd., Pokarna Ltd, Cosentino Group, and E. I. du Pont de Nemours and Company.

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    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • SLES Market Predicted to Rise at a Lucrative CAGR throughout 2019 to 2027

    Global Sodium Lauryl Ether Sulfate (SLES) Market: Key Highlights

    • In terms of value, the global sodium lauryl ether sulfate (SLES) market is anticipated to expand at a CAGR of ~ 4% from 2019 to 2027.
    • Sodium lauryl ether sulfate is an anionic surfactant with a milder effect. It does not irritate the skin, unlike other anionic surfactants, including sodium lauryl sulfate (SLS). Thus, sodium lauryl ether sulfate the preferred surfactant in personal care applications such as skin care and hair care.
    • The detergents & cleaners segment accounted for a prominent share of the SLES market in 2018, owing to the rise in the demand for laundry detergents and industrial cleaners, and rapid industrial development, primarily in developing economies.
    • The dry form segment dominated the global sodium lauryl ether sulfate market in 2018. However, the demand for the liquid form of SLES is anticipated to increase rapidly during the forecast period, owing to the rise in the popularity of liquid detergents and dishwashers.
    • The sodium lauryl ether sulfate market in Asia Pacific is estimated to expand at a CAGR of ~ 5.0% during the forecast period, due to the vast growth in end-use industries such as personal care.

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    Rise in Demand for Personal Care Products to Drive the Global SLES Market

    • Significant improvement in lifestyles and standard of living, primarily in developing economies, has fuelled the demand for personal care products. Increase in popularity of e-Commerce and large base of young population in developing countries have boosted the demand for modern personal care products.
    • The global personal care products industry is anticipated to expand at a CAGR of ~ 6% during the forecast period. The personal care products market in India is estimated to expand at a CAGR of ~ 8%, while that in Africa and the Middle East is likely to expand at a CAGR of ~ 4% during the forecast period.
    • The adoption of sodium lauryl ether sulfate in personal care products has increased significantly due to its mildness on the skin and its chemical stability as compared to other anionic surfactants such as sodium lauryl sulfate, alkylbenzene sulfonates, and phosphoric acid esters.
    • Rise in the demand for personal hygiene products such as toilet soaps and hand wash in developing countries, led by the increase in awareness programs regarding personal hygiene by international and local bodies is driving the demand for SLES, considering its cost effectiveness and superior performance as compared to other alternatives.

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    Rising Trend of Sulfate-free Personal Care Products Likely to Pose Significant Challenges

    • Products with sulfate ingredients are mainly utilized to remove natural dyes. Thus, personal care products with sulfate ingredients are considered as very harsh materials for use.
    • Hair care products containing sulfate are not recommended for kinky, curly, or coily hair, as sulfate tends to dry the hair.
    • Personal care products with SLES content are considered harsh for human usage. Thus sulfate-free personal care products are gaining popularity in the global market. Key players are focusing on developing organic-based surfactants to replace conventional petroleum-based surfactants.
    • Thus, the rising trend of sulfate-free personal care products is expected to hamper the sodium lauryl ether sulfate market across the globe

    Asia Pacific Expected to be a Highly Lucrative Region of the SLES Market

    • In terms of value, Asia Pacific held a major share of more than 25% of the global sodium lauryl ether sulfate market in 2018.
    • Developing economies of Asia Pacific such as China and India have experienced significant penetration of washing machines, owing to improvement of lifestyles and enhanced buying capacities of consumers. This has boosted the demand for efficient laundry detergent solutions in the region, thereby driving the demand for SLES.
    • The demand for high-end skin care and hair products is rising significantly in Asia Pacific. The establishment of the e-Commerce industry and high use of the Internet in countries such as China and India have enabled the youth to access advanced cosmetics and other personal care products. Thus, the demand for various upgraded personal care products has been increasing, due to the rise in awareness about personal hygiene. As such, the versatility of sodium lauryl ether sulfate in the production process of personal care products can be ascribed to the increase in the demand for SLES.

    Global Sodium Lauryl Ether Sulfate (SLES) Market: Key Developments

    • In 2018, Stepan Company signed an agreement with BASF Mexicana, S.A. DE C.V. to acquire the latter’s surfactant production facility in Ecatepec, Mexico. The facility has annual production capacity of 50,000 metric tons, with a 12,400 square feet warehouse space.
    • In 2017, Clariant opened a new research and development laboratory in Tokyo, Japan. The facility is located in Tokyo Metropolitan Industrial Technology Research Institute (TIRI). The newly opened R&D lab is dedicated to meet the high demand for personal care products in Japan.

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    Global Sodium Lauryl Ether Sulfate (SLES) Market: Competition Landscape

    • Large numbers of organized and unorganized players operate in the global SLES market. Thus, the sodium lauryl ether sulfate market is fragmented. Huntsman International LLC, Kao Corporation, Stepan Company, and Galaxy Surfactant Ltd constituted around 20% share of the global SLES market in 2018.
    • Other key players operating in the global SLES market are Solvay, BASF SE, Evonik Industries AG, Taiwan NJC CORPORATION, Quimicos del Cauca S.A.S., Clariant, Oxineto, Croda International Plc, Godrej Industries Limited, and Nouryon.

     

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  • EPDM Market Predicted to Rise at a Lucrative CAGR throughout 2019 to 2027

    Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights

    • The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~6% during the forecast period.
    • The global ethylene propylene diene monomer marketis driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems.
    • Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.

     

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    Key Drivers of the EPDM Market

    • Ethylene propylene diene monomer, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is extensively employed in the automotive industry, owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam.
    • Highly volatile prices of natural rubber is a major factor that has compelled rubber consumers across the globe to shift from natural rubber toward synthetic rubber such as ethylene propylene diene monomer.
    • Ethylene propylene diene monomer is widely used in the construction and civil engineering sector in applications such as mounting structures, bridge bearings, expansion joints, pipe couplings, water barriers, roofing membranes, rubberized asphalt, and concrete texturing. 

     

    Building & Construction Sector to Offer Attractive Opportunities

    • Ethylene propylene diene monomer is an extremely durable, synthetic-rubber, roofing membrane that is widely used in low-slope buildings across the globe. Its two primary ingredients, i.e. ethylene and propylene, are derived from oil and natural gas.
    • Ethylene propylene diene monomer is widely used in the building & construction industry, due to its properties such as resistance to cracks, water, and temperature. Thus, it is suitable to be used in roofing solutions in the construction industry.
    • Ethylene propylene diene monomer offers properties such as high electric resistance and excellent electric insulation. Thus, it is used in various applications in the electric industry. EPDM is widely employed in the manufacture of low- and medium-voltage cable insulations, wires, and submersible water pumps, due to its water-repellent property.
    • In the automotive industry, EPDM is used in hydraulic brake systems, wire and cable harnesses, tubing, window spacers, radiators, belts, weather stripping and seals, glass-run channels, and door, window, and trunk seals.

     

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    High Risk of Substitution to Hamper EPDM Market Growth

    • The inert nature of EPDM, which reduces the adherence of the material when used in automotive and plastic applications, and high costs of installation of EPDM roofing systems are expected to hamper the demand for ethylene propylene diene monomer in these applications during the forecast period. Furthermore, ethylene propylene diene monomer exhibits unsatisfactory compatibility with most oils, kerosene, gasoline, aromatic and aliphatic hydrocarbons, concentrated acids, and halogenated solvents.
    • The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.
    • Furthermore, the oversupply of ethylene propylene diene monomer led by the rise in production capacities acts as a major restraining factor for players operating in the global ethylene propylene diene monomer market. EPDM remains oversupplied in Asia Pacific, with most plants in the region running at reduced pace. Major suppliers had to cut the prices of EDPM to boost buying sentiments. In China, ethylene propylene diene monomer prices have dropped by 5%since early October 2018, to reach US$ 2,150/ton on December 19, 2018. 

     

    Asia Pacific a Prominent EPDM Market

    • Asia Pacific dominated the global ethylene propylene diene monomer market in 2018. Growth of the automotive industry in developing economies such as China and India is likely to propel the ethylene propylene diene monomer market in the region during the forecast period.
    • The ethylene propylene diene monomer market in North America is expected to expand at a significant pace during the forecast period, due to the high demand for lubricant additives, and rapid growth of the plastic, rubber, and automotive industries in the U.S. and Canada.
    • The demand for EPDM roofing is rising in Spain, Italy, the U.K., and countries in Western Europe, due to the increasing demand for waterproofing solutions for use in non-residential and commercial buildings in these countries.
    • Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027. 

     

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    Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018

    The global EPDM market is dominated by a few major players, and is consolidated in nature. The top six manufacturers - LANXESS AG, ExxonMobil Chemical Company, Kumho Polychem, Mitsui Chemicals, The Dow Chemical Company, and Lion Copolymer LLC - held ~ 70% of the market share in 2018. Other key companies that manufacture ethylene propylene diene monomer are Sumitomo Chemical Co. Ltd., Versalis S.p.A., SK Global Chemical Co. Ltd., and Johns Manville Inc.  

    • In April 2015, Lanxess started production of EPDM at its new plant at Changzhou in the Jiangsu province of China. The new plant, with 160,000 tonsof annual production capacity, is located in Changzhou Yangtze Riverside Industrial Park. The plant produces ten premium grades of EPDM, tailored to the requirements of customers in Asia, especially China. However, in 2016, Lanxess AG planned to stop the production of EPDM rubber at its facility in Marl, the U.K. 

     

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  • Plastic Compounding Market Comprehensive Industry Report Offers Forecast and Analysis on 2027

    Plastic Compounding Market – Overview

    The report analyzes and forecasts the plastic compounding market at a global and regional level. The market has been forecast based on volume (kilo tons) and value (US$ Mn) from 2019 to 2027. The study includes drivers and restraints of the global plastic compounding market. It also covers the impact of these drivers and restraints on the demand for plastic compounds during the forecast period. The report highlights opportunities in the plastic compounding market at the global and regional level.

    To obtain all-inclusive information on forecast analysis of global market, request a PDF brochure here.

    The report comprises a detailed value chain analysis, which provides a comprehensive view of the global plastic compounding market. The Porter’s Five Forces model for the plastic compounding market has also been included to help understand the competitive landscape. The study covers market attractiveness analysis, wherein resin types are benchmarked based on their market value, growth rate, and general attractiveness.

    The study provides a conclusive view of the global plastic compounding market by segmenting it in terms of resin type, end-use industry, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for plastic compounds in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report also covers the demand for individual end-use industry segments in all the regions.

    For more actionable insights into the competitive landscape of global market, get a customized report here.

    The study includes profiles of major companies operating in the global plastic compounding market. Eminent players profiled in the global plastic compounding market include BASF SE, RTP Company, Ravago Group, SABIC, LyondellBasell Industries Holdings B.V., DowDuPont Inc., Mexichem Specialty Compounds Inc. (Mexichem S.A.B. de C.V.), Coperion GmbH, Adell Plastics, Inc, Sojitz Corporation, Polyvisions Inc, Celanese Corporation, Covestro AG, Teknor Apex, Trinseo LLC, Asahi Kasei Corporation, Mitsui Chemicals, Inc., KRATON CORPORATION, Kuraray America, Inc., and KRAIBURG. Market players have been profiled in terms of attributes such as company overview, business strategies, recent developments, and financial details.

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    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • Polyphthalamide Market Forecast and Trends Analysis Research Report

    Polyphthalamide – Opening Up Unimagined Possibilities

    High-temperature thermoplastics have emerged as a rapidly growing segment over the years, and continue to remain a ‘hot’ and ‘in-demand’ technology in a wide range of applications. Be it to enhance the lifespan of oil and gas assets, or a metal-replacement solution in the rapidly-expanding automotive industry, the applications of high-temperature thermoplastics, such as polyphthalamide, are becoming endless. With higher short- and long-term thermal stability, resistance to burning, chemical and radiation resistance, and superior mechanical properties, polyphthalamides have been garnering significant traction, due the fact that they can fulfill unique prerequisites for a wide range of applications.

    Gauging the future opportunistic potential of the polyphthalamide market, Transparency Market Research (TMR), in its latest business intelligence, assesses how this high-temperature-resistant plastic is paving the way for unimagined possibilities in diverse fields. The study also turns the spotlight on riveting insights and in-depth analysis of the polyphthalamide market, which can arm stakeholders with the key facts and statistics of the industry, so as to make winning decisions.

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    History and Future Scope of Polyphthalamide 

    The commercialization of polyphthalamide (PPA) resin traces back to 1991, and since then, rapid technological advancements have improved the stiffness and creep & fatigue resistance properties of polyphthalamide. The emergence of enhanced resin production technology enabled the manufacturing of a wide range of polymers, including semi-crystalline and amorphous resin. The TMR research analysis indicates an upward trajectory for the sales of polyphthalamide, with its market anticipated to be valued at ~ US$ 1.3 Bn in 2018. As per the study estimates, the sales of polyphthalamide are highly likely to grow in 2019, and beyond, with the market projected to register ~ 2x growth between 2019 and 2027. Additionally, the number of companies vying for a considerable pie of the market is anticipated to pick up pace with each passing year. 

    Impact of Undercurrents on the Polyphthalamide Market

    Lightweight Auto Components Craze Uplifting Gains

    The automotive industry is swiftly replacing metal components with plastics to lessen overall vehicle body weight. In view of the growing traction for lightweight auto components, automakers are increasingly leveraging ways to squeeze higher revenues out of this far-reaching trend. This falls in line with the aromatic nature of polyphthalamide that has been driving its employment over other polyamide products for thermal management applications. With such favorable properties, polyphthalamides are emerging as a promising substitute to metals in the powertrain, by providing a range of benefits that include feature flexibility, weight reduction, and potential for cost reduction. Automakers are increasingly employing glass fiber reinforced polyphthalamide due to its versatile properties, for manufacturing vehicle parts, motor valves, and fuel line systems, thereby creating lucrative growth opportunities for market players. Furthermore, the rising demand for SUVs and electric vehicles is fueling the traction for under-the-bonnet parts and components that are made of polyphthalamide compounds.

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    Electrical & Electronics – Hotbed of Applications for PPA

    The superior heat resistance and low electricity modulus benefits of polyphthalamide have been pacing up its application in the electronics industry. The ability of polyphthalamides to prevent reflectors from turning yellow due to heat over a period of time continues to create a bedrock of opportunities for stakeholders in this industry. In fact, leading electronics players, such as Philips, have been using PPA in their product lines. Additionally, the flame-retardant nature of polyphthalamide is also fueling its applications in connectors for printers and memory card bases. The lucrativeness of the electronics industry will remain high for polyphthalamide manufacturers, owing to the surging demand for electronic gadgets such as mobile phones and computers.

    Winning Imperatives

    Laser-Sharp Focus on Capitalizing the ‘Bio-based’ Trend

    The rising demand for bio-based resin with eco-friendly properties and biodegradable benefits is pushing the sales of polyphthalamide. Extensive applications of bio-based polymers in extreme conditions continue to uphold market gains. For instance, Evonik-engineered polyphthalamide, VESTAMID Htplus, delivers excellent results in high temperatures above 180 degree Celsius, and is being highly utilized in air ducts in the turbochargers of several vehicles to reduce the carbon footprint in the environment.

    Banking on End-Use-specific Product Development & Modification

    Several companies in the polyphthalamide market are focusing on the development of end-use-specific variants to appeal to a wide pool of consumers, and drive product sales. For instance, in May 2019, BASF

    Corporation expanded its portfolio by introducing new the PPA Ultramid Advanced T2000 in Guangzhou, China. This launch is extensively focused on catering to the growing demand for flame-retardant connectors in the regional electrical and electronics industry.

    Consolidating Position in Asia Pacific

    Growth opportunities remain abound for polyphthalamide manufacturers in Asia Pacific, primarily driven by the high demand for PPA composites in proliferating automotive and electronic manufacturing industries. China is anticipated to remain the most lucrative country in the polyphthalamide market through to 2027, in line with the growing use of PPA in automotive components such as fuel pipe lines, motor bobbin parts, and coolant pipes. As per TMR, the market for polyphthalamide in China is envisaged to expand at an ~ 8% CAGR during the foreseeable period. Several market players are making strategic moves to consolidate their position in different countries across Asia Pacific. For instance, in October 2018, Celanese Corporation acquired India-based Next Polymers Ltd to strengthen its market position in Asia Pacific.

    Polyphthalamide Market – Competitive Analysis 

    In October 2018, BASF SE launched a new polyphthalamide brand – Ultramid Advanced N – at the Fakuma Trade Fair in Germany, with the aim to expand its product range of partially aromatic polyamides for the PPA market, globally.

    In November 2017, DowDuPont Inc. announced a capacity expansion of the company’s Belgium facility to meet the increased demand for high performance polyamide resin from diverse end-use industries over the past years. 

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    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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  • Precast Construction Market Analysis, Segments, Growth and Value Chain 2019-2026

    The global precast construction market was valued at around US$ 111 Bn in 2017. It is anticipated to expand at a CAGR of approximately 5.1% during the forecast period, according to a new report titled ‘Precast Construction Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR). The report infers that the use of precast construction reduces the lead time and provides better dynamics such as durability and sustainability to the structure as compared to the use of conventional construction techniques. This is expected to drive the precast construction market during the forecast period. Asia Pacific and Europe are leading regions of the precast construction market. The precast construction market in Asia Pacific is projected to expand at a CAGR of more than 6% during the forecast period, owing to a rise in investments in residential and infrastructure projects in the region.

    Planning to lay down strategy for the next few years? Our report can help shape your plan better.

    Reduction in Construction Time and Structural Properties of Precast Concrete Products to Boost Market Growth

    Precast construction saves up to 20% of the total construction time as compared to conventional construction methods. It helps in saving valuable lead time and in reducing the risk of delay or monetary loss in the project, which is expected to boost the precast construction market. The raw materials used in precast construction are inorganic, natural, and recycled resources. Production of precast construction components involves minimal processing or chemical treatment, which results in low embodied energy value (carbon emissions). Thus, a reduction in carbon emission through the precast construction technology is projected to drive the precast construction market during the forecast period. Important parameters such as temperature, mix design, and stripping time are monitored and controlled in a factory environment while producing precast components. A factory-controlled prefabrication environment and elimination of rectification work render high quality and esthetic value to products, thereby augmenting their demand. Precast concrete products are resistant to friction, impact, acid, corrosion, abrasion, and other environmental factors. Precast concrete structures have a longer service life and require minimal repair and maintenance. High structural strength, increased durability, and better rigidity are driving demand for precast construction products.

    Use of high-quality machinery, equipment, and materials; extensive preproject planning; and high investments in the construction industry are estimated to offer lucrative opportunities to the precast construction market during the forecast period. However, high initial cost and logistical and material handling damages are anticipated to hamper the market.

    Floor & Roof System Segment to Gain Momentum

    The report presents a detailed segmentation of the global precast construction market based on its structure system and end-use. In terms of structure system, the floor & roof system segment constituted a major share of the global precast construction market in 2017. Floor & roof systems enable a large span capacity besides providing excellent sound transmission and heat resistance characteristics. Moreover, they provide load distribution properties and are ideally used in garages, gymnasiums, paper mills, office & commercial buildings, industrial buildings (food processing industry, paper mills), condominiums, apartments, hotels, educational institutions, sewage & water treatment plants, etc.. They are also used as thermal mass to reduce the need for air conditioning. The floor & roof system segment is expected to expand rapidly, due to the high adoption rate of floor & roof systems in the precast construction market.

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    Building Works Segment to Maintain its Dominance

    In terms of end-use, the building works segment is projected to hold a dominant share of the global precast construction market during the forecast period. The segment is likely to expand at significant growth rate from 2018 to 2026. The residential segment, which is a sub-segment of the building works segment, is projected to expand at a rapid pace during the forecast period. Precast concrete construction offers diverse attributes such as low floor-to-floor height, deflection control, low noise transmission, involvement of high-strength materials, and long spans. Such attributes are effective for the residential construction industry. Demand for precast construction products in the residential construction industry is expected to rise due to their direct cost reduction, improved constructional efficiency, and superior structural performance.

    Asia Pacific Accelerates in the Market

    Asia Pacific and Europe were key regions of the precast concrete market in 2017. The precast concrete market in Asia Pacific is anticipated to expand rapidly owing to cross-border investments and business expansion of companies in high-growth areas, such as India and Southeast Asia. A rise in population, rapid urbanization, and robust economic growth are major macroeconomic drivers of the precast construction market. Regulatory bodies and major firms across the region are encouraging and promoting constructional activities. China is expected to become a key region of the precast concrete market, owing to the revival of the Silk Road and proposals of construction on it. The precast market in Middle East & Africa is also projected to expand at a robust pace.  

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    Prominent Players in the Global Precast Concrete Market

    The report also provide profiles of leading players operating in the global precast concrete market such as Bison Manufacturing Limited, Cemex S.A.B. de C.V., China National Building Material Company Limited, Coltman Precast Concrete Limited, CRH plc, Elematic Oyj, LafargeHolcim, Larsen & Toubro Limited., Taisei Corporation, and Weckenmann Anlagentechnik GmbH & Co. KG. These players offer sustainable and durable solutions to clients. Innovation of modern construction equipment and techniques through R&D is one of the approaches adopted by them.

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    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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  • Water Based Inks Market to receive overwhelming hike in Revenues by 2026

    The global water-based inks market was valued at US$ 5,107.1 Mn in 2018 and is anticipated to expand at a CAGR of 6.45% from 2019 to 2027, according to a new research report titled ‘Water-based Inks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ published by Transparency Market Research (TMR) The global water-based inks market is driven by the rise in demand for water-based inks in packaging and publications sectors across the globe. In terms of demand, Asia Pacific accounts for a dominant share of the global water-based inks market.

    Planning to lay down strategy for the next few years? Our report can help shape your plan better.

    Rise in Demand for Water-based Inks in Packaging Industry to Boost Market

    Packaging adds a unique value to any product. It allows the customers to distinguish a particular product from other similar products. Flexible packaging such as bags, pouches, and films can be used to wrap products such as food, beverages, pharmaceuticals, cosmetics, and personal care. The global packaging industry is estimated to be valued at US$ 1,000 Bn by 2020. This, in turn, is fueling the demand for water-based inks across the globe in the next few years.

    Increase in Demand for UV-cured Inks in Various Printing Processes to Hamper Market

    Increase in environmental restrictions in developed economies across Europe and North America is boosting the need for VOC-free printing inks. UV-cured printing inks are a superior alternative to traditional inks. UV-cured inks are used in various printing processes such as gravure, inkjet, and flexography, as they offer several advantages over the conventional inks. UV-cured inks do not contain VOCs. Their drying process is quicker, as they are treated using a UV light. This is likely restrain the water-based inks market during the forecast period.

    Acrylic Resin Segment to Dominate Global Water-based Inks Market

    In terms of resin type, the water-based inks market has been divided into acrylic, polyester, maleic, and others. Acrylic was a highly attractive segment of the global water-based inks market in 2018 and the trend is estimated to continue during the forecast period due to suitability of acrylic resins in various applications.

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    Flexography Technology Segment is Expand at a Rapidly Pace

    Flexography printing technology was a highly lucrative segment of the global water-based inks market in 2018. Flexography printing technology is one of the extensively used printing processes. This technology is used to print various substrates such as paper, plastic, and paperboard. Market share of the flexography technology segment is projected to increase during the forecast period due to its ability to print of a wide variety of substrates and usage of eco-friendly printing inks such as water-based printing inks. Growth of flexible packaging and tags & labels printing industries is likely to drive the segment in the next few years.

    Packaging Segment to Lead Market

    The packaging segment accounted for a major share of the global water-based inks market in 2018. Rise in the demand for flexible packaging in the food & beverages sector due to its less weight and esthetic appeal, is expected to fuel the demand for packaging in the next few years. This, in turn, is anticipated to drive the global water-based inks market in the near future. The packaging segment comprises flexible packages, corrugated containers, tags, labels, folding cartons, and metal cans.

    Asia Pacific Dominates Global Water-based Inks Market

    Based on region, the global water-based inks market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of volume and value, Asia Pacific was a leading region of the global market in 2018. The market in the region is anticipated to expand at a rapid pace during the forecast period owing to growth of packaging and newspaper industries and presence of major manufacturers of water-based inks in the region. This, in turn, fuels the demand for water-based inks in different applications such as corrugated packaging and folding cartons. Furthermore, growth of the advertisement sector and rise in investment in the marketing of food & beverages are expected to boost the market during the forecast period. Europe and North America are significant consumers of water-based inks. The water-based inks market in Latin America is projected to expand at a moderate pace during the forecast period, as demand for water-based inks in these regions is anticipated to rise in the next few years owing. Expansion of the market is attributed to the growth in the packaging industry.

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    High Degree of Competition among Players

    Key players operating in the global water-based inks market are Sun Chemical Corporation, Flint Group, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co., Ltd., Huber Group, Wikoff Color Corporation, Doneck Euroflex S.A., Sebek Inks, Dolphin Inks, BCM Inks, and Chimigraf.

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  • Chemical Vapor Deposition Market - Global Market Opportunity Assessment Study 2026

    According to Transparency Market Research (TMR), the global chemical vapor deposition market is demonstrating a competitive and fragmented competitive landscape. ULVAC Inc., Singulus Technologies AG, IHI Corp., Veeco Instruments Inc., Mustang Vacuum Systems, Tokyo Electron Ltd., Oxford Instruments, and Dynavac are some of the key players in this market. These players are focusing significantly on strategic partnerships to eliminate the competition as well as to gain an edge over their competitors, reports the research study.

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    As per the research study, the global market for chemical vapor was worth US$16.4 bn in 2016. Progressing at a CAGR of 7.70% during the period from 2017 to 2025, the opportunity in this market is anticipated to reach US$32.4 bn by the end of the forecast period. Among the product categories, the CVD equipment segment has acquired the leading position and is expected to remain dominant throughout the forecast period, states the research report.

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    Asia Pacific to Remain Dominant

    The geographical analysis of the worldwide market for chemical vapor deposition has also been presented in this research study. According to the report, Asia Pacific has been dominating the global market and is expected to continue to do so over the period from 2017 to 2025, expanding at a CAGR of 8.10%. The significant rise of electronics and semiconductor industry is expected to be the key factor behind this growth in the near future, notes the market study.

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    Extensive Application of CVD in Industrial Commercial Processes to Boost Market’s Growth

    “Chemical vapor deposition (CVD) is finding extensive application in a number of industrial and commercial processes, which is reflecting positively on the growth of the global market for chemical vapor deposition,” says a TMR analyst. The rising demand for CVD in fabricating materials produced by metal matrix composites and ceramics is likely to the support the growth of this market in the years to come, states the research report.

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  • Cellulose Acetate Market Value Share, Analysis and Segments 2023

    A new research report by Transparency Market Research, a leading market research and intelligence firm, presents a through analysis of the global cellulose acetate market. According to the study, the global market demonstrates a highly competitive business landscape, owing to the presence of a number of regional and international players. These players are focusing on mergers, acquisitions, and strategic alliances to remain relevant in this competitive environment. Over the coming years, they may shift their focus towards expanding their bases in developing economies in order to gain an edge over their peers, reports the research study.

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    The research report estimates that the global cellulose acetate market will rise at a CAGR of 3.60% and register a considerable growth during the period from 2015 to 2023. Cellulose acetate tow and cellulose acetate filament are the two main products available in this market. Among the two, the demand for cellulose acetate tow has been higher, owing to its application in the processing of cigarette filters, extruded plastics, and water purification media. This scenario is likely to likely to remain so over the next few years, reflecting positively on the dominance of the cellulose acetate tow segment. Among applications, the demand for cellulose acetates is relatively greater in cigarette filter making. With the number of smokers increasing exponentially, this segment is expected to continue with its high demand for cellulose acetate in the near future, states the research report.

    On the regional basis, Asia Pacific, among all regional cellulose acetate markets, emerged dominant in 2014, with more than 50% share. The rise in the cigarette and textiles industries supported the growth of this regional market. This trend is projected to continue over the forthcoming years, maintaining the supremacy of the Asia Pacific cellulose acetate market. On the other hand, the markets in North America and Europe will witness sluggish growth in the near future due to the market saturation, reports the study.

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    Increase in Cigarette Consumption to Fuel Demand

    “The demand for cellulose acetate has been rising on the back of the significant increase in cigarette consumption in developing economies, especially in Asia Pacific region,” says an analyst at TMR. The increasing demand for apparels is also supporting the growth of the global cellulose acetate market considerably. Primarily, cellulose acetate finds application in textile and apparel, cigarette filters, and extrusion and molding. The rise in the disposable income of consumers and improvement in their living standard in developing economies, such as Indonesia, Brazil, and India, is likely to drive the demand for textiles and cigarettes to a great extent. This, resultantly, is projected to boost the demand for cellulose acetate across the world substantially in the years to come, states the research report.

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    Increasing Awareness Regarding Healthcare to Restrict Demand

    Although the future of the global cellulose acetate market looks bright, the extremely volatile prices of raw materials and the increasing awareness for health and fitness among consumers, educating them about the harmful effect of cigarette consumption, especially in developed regions, are likely to curb the market’s growth over the period of the forecast, reports the research study.

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  • Sodium Hydrosulfite Market Report Explored in Latest Research 2023

    The global sodium hydrosulfite market is anticipated to rise at a significant rate during the forecast period. According to a report by Transparency Market Research, the global market for sodium hydrosulfite is consolidated in nature as only four major manufacturers account for over 50% of the total market share. Companies such as AZ Chemicals, Inc., Jinhe Group, BASF SE, and Guangdong ZhongCheng Chemicals Inc., Ltd held maximum share in the market during 2014. The other prominent players operating in the global sodium hydrosulfite market are BruggemannChemical, Mitsubishi Gas Chemical Company, Inc., and Chematrade Logistic, Inc.

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    The global sodium hydrosulfide market is expected to rise at a steady CAGR of 3.8% during the forecast period of 2015 to 2023. The global market was worth US$1.02 bn during 2014 and is expected to reach a valuation of US$1.43 bn by the end of 2023. According to application segment, the global sodium hydrosulfide market is expected to lead by textile processing and wood pulp bleaching as they hold the largest share in the market. It is expected to dominate the market even during the forecast period. Among all regions, Asia pacific is expected to lead the sodium hydrosulfide market with an expanding CAGR of 4% by the end of forecast period 2023. Asia pacific held 65% shares of the total market during 2014.

    Rise in Demand Due to Various Applications of Sodium Hydrosulfite

    Rise in demand for sodium hydrosulfide market is driven by pulp and paper industry as they use it extensively for various bleaching purposes. Sodium hydrosulfide also finds application in various other industries such as food additives, pharmaceuticals, kaolin bleaching, mineral ore flotation, and textile processing. Wood and textile pulp bleaching applications progressively held 80% of the global sodium hydrosulfite market during 2014 due to increasing demand for sodium hydrosulfite in these industries.

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    Sodium hydrosulfite is also used as reducing bleaching agent and reducing agent in various fabrics such as cotton, wool, and nylon textile industry. It is further used to strip colors from fabrics. This could lead to market growth in the coming years. Sodium hydrosulfite is used to brighten wood pulp. It is also used as a bleaching agent for mechanical bleaching pulp in the pulp and paper industry. The global sodium hydrosulfite market is primarily rising due to wood pulp bleaching and textile processing. These application of sodium hydrosulfite will bring dynamic growth in the market. Textile products are increasingly utilizing sodium hydrosulfite for apparels which has resulted in rise of the market over the years. Sodium hydrosulfite also finds application in mineral ore flotation.

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    Rising Environment Conservation Likely to Hamper Market Growth

    The global sodium hydrosulfite market is expected to face some restrains during the forecast period which might hamper the market growth. There has been a gradual decline in paper and paper board production in various parts of the world. The decline in production capacity can negatively hamper the market growth. This decline has occurred due to increasing digitalization in various parts of the world. The rise in awareness regarding environment conservation has chiefly attributed to decline of paper and paper products in the market. This decrease has directly affected the sodium hydrosulfite market. Expensive labor cost is also one of the reasons for market decline as many local manufacturers from developing and underdeveloped economies fail to afford. Due to this many local manufacturers have suffered loses and have shut down their production units. These factors are likely to affect the market during the forecast period.

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    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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    Transparency Market Research
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  • Propionic Acid Market Volume Analysis, size, share and Key Trends 2019

    The global phenolic resins market demonstrates a fierce completion   on account of several new and established players operating across the globe, states newly launched market research report by Transparency Market Research (TMR). Some of the prominent players of the global phenolic resins market are BASF SE, Sumitomo Bakelite Co., Ltd., Mitsui Chemicals Inc., and Georgia Pacific Chemicals LLC. Owing to the large opportunity and wide range of items, top players in the global phenolic resins market are adopting a slew of strategic measures to diversify their products and bring innovations.

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    The global phenolic resins market stood at US$9.91 bn in 2013. By expanding at a CAGR of 5.60% during 2013 and 2019, the global phenolic resins market is projected to reach a value of US$13.36 bn billion by the end of this period. However, in the coming years, Asia Pacific is expected to surpass in terms of market share.

    On the basis of geography, the global phenolic resins marker has been classified into the Middle East and Africa, Latin America, North America, Europe, and Asia Pacific. Asia Pacific held a large share of the global market in last few years and is likely to retain its position throughout the forecast period, owing to the increased demand from China and India. On the basis of product type, phenolic resins can be segmented into resol resins, laminate, adhesive, novolac resins, rubber and others. Resol resins contains excess of formaldehyde under basic conditions. And it holds the market share for product segment of over 48 in year 2012.

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    Rising Consumer Demand Across Various Industry Verticals Strengthening Global Phenolic Resins Market

    The rising awareness among consumers regarding the advanced properties of phenolic resin is expected to support the growth of the overall market in the coming few year.

    Phenolic resins are extensively used in various industries for instance automobile, rubber, laminates, adhesive, building construction and so forth.  Market share of wood-adhesive are rapidly increasing due to remarkable growth of real estate industries in developing countries of Asia-Pacific region. Whereas increasing demand of phenolic resins for decorative as well as industrial laminated has dealt a major increase to the growth global phenolic resins market. Apart from that, rising application of phenolic resins in nanotechnology is expected to encourage the growth of the global phenolic resins market in the forecast period. Furthermore, increased usage of phenolic molding compounds in automotive sector so as to reduce the fuel consumption by the vehicle has given a massive push to the global phenolic resins market.

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    Rising Environmental Regulations May Dampen Prospects of Market

    Phenolic resins are primarily made from synthetic polymers which are opposed by the governing bodies in most part of the world. This is because the polymers pose a serious threat to the wildlife and environment. The stringent environmental regulations regarding the usage of plastic for commercial application is estimated to restrict the growth of global phenolic resins market throughout the forecast period. Nevertheless, the rising need for fuel-efficient and lightweight vehicles and the increasing adoption of nanotechnology are expected to offer promising growth opportunities for the market players.

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    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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  • Melamine Market to receive overwhelming hike in Revenues by 2023

    A new report published by the Transparency Market Research (TMR) states that the global market for melamine market is fragmented in structure with top seven prominent players accounting for more than 50% of the overall market in 2014. TMR finds that the some of the players such as Qatar Melamine Company (QMC), Borealis AG, Grupa Azoty Zaklady Azotowe Pulawy S.A. (ZAP), Xinji Jiuyuan Chemical Co., Ltd., OCI N.V., Cornerstone Chemical Company, and BASF SE are majorly focused toward new project launch in order to strengthen their presence across the globe.

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    As per TMR, the revenue generated by the global market for melamine market likely to touch valuation of US$1.72 bn.This market is expected to touch a valuation of US$2.49 bn by the end of 2023.The global market for melamine market is likely to expand at a CAGR of 4.305 during the period ranging from 2015 till 2023.

    Rising Consumer Demand for Laminates & Wood Adhesives Expected to Boost Growth

    Based on application, the global market for melamine is bifurcated into paints and coatings, laminates and wood adhesives, and molding powder. Among all these application segment, laminates and wood adhesives account for maximum share in the global melamine market which is further followed by molding powder. The growth of the laminate and wood adhesives mainly depends upon the maximum consumer demand. On the basis of geography, Asia Pacific likely to dominate the global market for melamine on account of maximum demand for the laminates and wood adhesives in the region.

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    Increasing Demand from Automotive Industry Likely to Drive Growth

    The global market for melamine expected to witness significant growth owing to increasing demand from the automotive industry. This can be major factor propelling growth of this market at global level. Also, rising demand for laminates and wood adhesives by the consumers expected to strengthen growth in near future. This is another factor fueling growth of this market in near future. Additionally, rising disposable income along with the change in living standard are another important factor positively contributing to the growth of this market at global level. Also, rising usage of melamine formal hydrate for the production of food containers and dinner ware are one of the key factor majorly attributing to the growth of the global melamine market. Furthermore, increasing utilization of melamine in high resistance carbon and nanotubes are key factor boosting growth of this market.

    Favorable government policy for the industry and increasing infrastructure development is key factor contributing to the growth of this market in Asia Pacific region. Additionally, rising demand from the construction industry can be key factor positively driving growth of this market in near future.

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    Increasing Consumer Concern for Toxic Emission Likely to Hamper Market Growth

    The increasing toxic level due to excessive melamine usage can be one of the important factor negatively impacting growth of the global melamine market in coming years. Also, stringent government regulation owing to increasing toxic substance in the environment is likely to hamper further growth of this market. Furthermore, rising price of the raw material and increasing customer concern towards the emission is another factor limiting growth of this market in near future.

     


  • Cresols Market : Key Players and Production Information Analysis with Forecast 2023

    Transparency Market Research has published a new market report titled Cresols Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” According to the report, the global cresols market was valued at US$338.9 mn in 2014 and is anticipated to reach US$452.1 mn in 2023, expanding at a CAGR of 3.3% from 2015 to 2023.

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    Cresols are aromatic organic compounds of monomethyl phenols that are widely used as precursors or chemical intermediates in the production of polymer resins, plasticizers, antioxidants, solvents, vitamin E, rubbers, pharmaceuticals, fragrances, dyes, and other chemicals.

    Demand for vitamin E is rising owing to its extensive application in dietary supplements, animal feed additives, etc. This, in turn, is anticipated to fuel growth of the cresols market during the forecast period. Cresols are subject to strict mandates from the Environmental Protection Agency (EPA) as they are harmful air pollutants. This is likely to be a restraining factor for the market growth in the near future. Increasing demand for cresols in industrial applications such as automotive and electronics is estimated to open up new growth avenues for the market.

    Para-cresols was the largest product segment of the cresols market in 2014, accounting for about 45% of the global cresols market followed by meta-cresols, in terms of volume. However, meta-cresols is expected to be the fastest-growing application segment of the cresols market during the forecast period owing to rising demand for vitamin E in dietary supplements.

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    Major applications of cresols include chemical intermediates, solvents, preservatives, antioxidants, and others. In terms of volume, chemical intermediates accounted for more than 60% share of the global cresols market in 2014. It is estimated to be the fastest-growing segment during the forecast period owing to significant demand from chemical industries in Asia Pacific and Europe. Rising demand for vitamin E in dietary supplements is expected to drive demand for cresols in the chemical intermediates segment in the near future.

    In terms of volume, Asia Pacific dominated the global cresols market in 2014, accounting for more than 45% of the global cresols market. China’s economy has grown rapidly in the past 10 years. This trend is expected to continue during the forecast period. The country offers immense potential for the chemical sector. Growth in the chemical sector in China and other emerging countries in Asia Pacific is anticipated to fuel the cresols market in the next few years. In terms of volume, Europe is likely to be the second-fastest regional segment of the global cresols market during the forecast period.

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    Key players in the cresols market include Sasol Phenolics, Saudi Basic Industries Corporation, Lanxess AG, Dakota Gasification Company, RÜTGERS Group, Mitsui Chemicals, Inc., Atul Ltd., Nanjing Datang Chemical Co., Ltd., VDH Chemtech Pvt. Ltd, Ardisons Oils & Electricals (P) Ltd., and Xiamen Hisunny Chemical Co., LTD.

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    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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  • Ethylene Propylene Diene Monomer (EPDM) Market Reseacrh Report 2027

    Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights

    • The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.
    • The global ethylene propylene diene monomer market is driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems.
    • Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.

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    Key Drivers of the EPDM Market

    • Ethylene propylene diene monomer, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is extensively employed in the automotive industry, owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam.
    • Highly volatile prices of natural rubber is a major factor that has compelled rubber consumers across the globe to shift from natural rubber toward synthetic rubber such as ethylene propylene diene monomer.
    • Ethylene propylene diene monomer is widely used in the construction and civil engineering sector in applications such as mounting structures, bridge bearings, expansion joints, pipe couplings, water barriers, roofing membranes, rubberized asphalt, and concrete texturing. 

    Building & Construction Sector to Offer Attractive Opportunities

    • Ethylene propylene diene monomer is an extremely durable, synthetic-rubber, roofing membrane that is widely used in low-slope buildings across the globe. Its two primary ingredients, i.e. ethylene and propylene, are derived from oil and natural gas.
    • Ethylene propylene diene monomer is widely used in the building & construction industry, due to its properties such as resistance to cracks, water, and temperature. Thus, it is suitable to be used in roofing solutions in the construction industry.
    • Ethylene propylene diene monomer offers properties such as high electric resistance and excellent electric insulation. Thus, it is used in various applications in the electric industry. EPDM is widely employed in the manufacture of low- and medium-voltage cable insulations, wires, and submersible water pumps, due to its water-repellent property.
    • In the automotive industry, EPDM is used in hydraulic brake systems, wire and cable harnesses, tubing, window spacers, radiators, belts, weather stripping and seals, glass-run channels, and door, window, and trunk seals.

    High Risk of Substitution to Hamper EPDM Market Growth

    • The inert nature of EPDM, which reduces the adherence of the material when used in automotive and plastic applications, and high costs of installation of EPDM roofing systems are expected to hamper the demand for ethylene propylene diene monomer in these applications during the forecast period. Furthermore, ethylene propylene diene monomer exhibits unsatisfactory compatibility with most oils, kerosene, gasoline, aromatic and aliphatic hydrocarbons, concentrated acids, and halogenated solvents.
    • The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.
    • Furthermore, the oversupply of ethylene propylene diene monomer led by the rise in production capacities acts as a major restraining factor for players operating in the global ethylene propylene diene monomer market. EPDM remains oversupplied in Asia Pacific, with most plants in the region running at reduced pace. Major suppliers had to cut the prices of EDPM to boost buying sentiments. In China, ethylene propylene diene monomer prices have dropped by 8.5% since early October 2018, to reach US$ 2,150/ton on December 19, 2018. 

    Asia Pacific a Prominent EPDM Market

    • Asia Pacific dominated the global ethylene propylene diene monomer market in 2018. Growth of the automotive industry in developing economies such as China and India is likely to propel the ethylene propylene diene monomer market in the region during the forecast period.
    • The ethylene propylene diene monomer market in North America is expected to expand at a significant pace during the forecast period, due to the high demand for lubricant additives, and rapid growth of the plastic, rubber, and automotive industries in the U.S. and Canada.
    • The demand for EPDM roofing is rising in Spain, Italy, the U.K., and countries in Western Europe, due to the increasing demand for waterproofing solutions for use in non-residential and commercial buildings in these countries.
    • Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027. 

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    Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018

    The global EPDM market is dominated by a few major players, and is consolidated in nature. The top six manufacturers – LANXESS AG, ExxonMobil Chemical Company, Kumho Polychem, Mitsui Chemicals, The Dow Chemical Company, and Lion Copolymer LLC – held ~ 70% of the market share in 2018. Other key companies that manufacture ethylene propylene diene monomer are Sumitomo Chemical Co. Ltd., Versalis S.p.A., SK Global Chemical Co. Ltd., and Johns Manville Inc.  

    • In April 2015, Lanxess started production of EPDM at its new plant at Changzhou in the Jiangsu province of China. The new plant, with 160,000 tons of annual production capacity, is located in Changzhou Yangtze Riverside Industrial Park. The plant produces ten premium grades of EPDM, tailored to the requirements of customers in Asia, especially China. However, in 2016, Lanxess AG planned to stop the production of EPDM rubber at its facility in Marl, the U.K. 

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