CMFE NEWS

Epichlorohydrin (ECH) refers to a chemical that contains chlorine and epoxy element. It comes with characteristics such as chiral nature, miscibility in polar solvents, and moderate solubility in water. It is because of such properties of epichlorohydrin it is utilized in the manufacturing of elastomers, glycerols, epoxy resins and glues, and plastics. Epichlorohydrin is made utilizing propylene and glycerin as raw materials. Utilizing propylene as feedstock, allyl alcohol and allyl chloride routes are used to make ECH. It can be made via the allyl chloride route in two simple steps: reaction with base to give epoxide and addition of hypochlorous acid. In another procedure, epichlorohydrin is made to react with bisphenol A diglycidyl ether to get polymers and resins, which are utilized in end-user industries such as personal care and pharmaceutical. Epichlorohydrin is used in various end-user industries such as agrochemicals, textiles, electrical & electronics, paints & coatings and so on.

Leading players operating in the global epichlorohydrin market comprise names such as Shandong Haili Chemical Industry Co. Ltd (Haili), Sumitomo Chemical Co., Ltd., Jiangsu Yangnong Chemical Group Co., Samsung Fine Chemicals Co. Ltd, and Aditya Birla Chemicals (Thailand) Ltd.

Transparency Market Research has come up with a new research report titled ‘Epichlorohydrin Market’. According to this report, global epichlorohydrin market will expand at 3.6% CAGR during the forecast period that extends from 2015 to 2023. Global epichlorohydrin market is projected to be worth around US$3.52 bn by the year 2023.

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Detergent and Surfactants Industries to Fuel Market Growth

Epichlorohydrin is used in the making of elastomers, plastics, glycerols, and epoxy resins and glues. It is made by making use of propylene or glycerin as main raw materials. Epichlorohydrin is further made to undergo processing with nitrate so as to produce propellants, fumigants, solvents, and binders for bombs. Polymers and epichlorohydrin find their usage in food & beverages and paper reinforcement industries.  Epichlorohydrin is used in the process of water purification as well as at the time of production of teabags, coffee filters, etc. In addition to that, it is also utilized as a cross linking agent in the production of different chromatographic resins. Epichlorohydrin also finds its usage as alkyd resins in the industry of paints & coatings. It is utilized in the making of synthetic glycerin. Synthetic glycerin is used in explosives, military products, meat casings and cellophane, and cosmetics.

Epichlorohydrin based resins are mostly finds its application in purification and filtration processes in the sector of water treatment. Various other end-user industries that make use of epichlorohydrin comprise industries such as detergents and surfactants. These end-user industries are estimated to rise at a substantial growth rate over the period of period of forecast.

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The global epichlorohydrin market is geographically segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The region of Asia Pacific was the largest consumer and producer of epichlorohydrin in the year 2014, because of the rising requirement for epichlorohydrin-based products in countries like China.

At present, China holds more than one-third of the total share of global epichlorohydrin market. Europe occupied the position of second-largest consumer in the global epichlorohydrin market in 2014. This can be attributed to the rising requirement for this material in paints & coating industry in Germany. The epichlorohydrin market in North America is projected to rise at a decent growth rate over the period of forecast.

A new report published by Transparency Market Research talks about the global rheology modifiers market. The report states that the global rheology modifiers market is expected to grow at a modest CAGR of 3.7% over the course of the given forecast period of 2016 to 2024. The global rheology modifiers market is projected to reach an overall market valuation of US$6.8 bn by the fall of 2024. This growth in valuation of the global rheology modifiers market is a significant jump from the original valuation of US$4.9 bn reported in 2015.

From a product perspective, the market is expected to develop at a faster rate after gaining a larger share of 63.0% in the year 2015. In terms of geography, the global rheology modifiers market is expected to dominated by the Asia Pacific and is projected a healthy CAGR of 3.9% over the course of the given forecast period of 2016 to 2024.

The report published by TMR predicts the global rheology modifiers market to have a fragmented competitive landscape. Across the key regional market, the global players are projected to face stiff competition from the local players over the mentioned forecast period. Due to the presence of a high number of customers, the cost of altering between different companies can be ignored. This is also attributed to the strong supply chain module and the international presence of the big players. Some of the key players in the global rheology modifiers market include names such as BASF SE and Akzo Nobel N.V. among others.

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Increasing Demand from Personal Care and Paints & Coatings Domain to Drive Market Growth

The rheology modifiers have the ability to change the physical characteristics of fluids. It allows these fluids to for better functionality is expected to fuel the demand in the market through a different application such as construction, coatings, and paints. With a higher level of activities experience in such applications, any increase in their growth is also expected to drive the growth of the market in the coming years. The increasing demand from the automotive industry is also expected to fuel the growth of the global rheology modifiers market in the coming years of the forecast period.

Another key factor in the growth of the global rheology modifiers market is the increasing sales of personal care products. Features such as leveling, stabilizing emulsions, and anti-sagging are expected to fuel the growth of the global rheology modifiers market. In addition to this, oncology based rheology modifiers are expected to find increase usage in coatings and paints and personal care products domain.  Polyurethane, guar gum, xanthan gum, and other rheology modifiers are also expected to find their applications in different industries on account of their high efficiency and ease of production.

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Growth of Digital Media Slows Down Demand from Revenue Generating Printing Sector

The above-mentioned growth factors are good for the global market. However, it is not without some challenges. One of the key restraining factors for the growth of the global rheology modifiers market is declining demand from the printing companies and publication houses.

This is a significant factor to consider as the printing sector has always been a key end user of rheology modifiers. With a growing inclination towards digital media and opportunities for the printing ink manufactures is expected to be on the lower side in the coming years. This may hamper the growth of the market in the future.

The presence of a limited number of players indicates towards the consolidated structure of the global hydrogen peroxide (H₂O₂₎ measurement market. The leading participants, namely, Analytical Technology Inc., Dragerwerk AG & Co., and Interscan Corp., are working actively on the advancements of hydrogen peroxide measurement devices in order to bring accuracy to their calibration and sensitivity, finds a report by Transparency Market Research.

As these devices need frequent servicing for effective operation, they are also are focusing on expanding their after-sales service network to enhance the customer experience and satisfaction. Going forward, these companies are aiming to tap the potential in emerging economies in Asia Pacific, Latin America, and Africa through partnerships with local suppliers.

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Growing Application of HPV Decontamination Systems in Sterilization of Indoor Air Boosts Demand for Hydrogen Peroxide Measurement Devices

Nowadays, the need to enhance the indoor air quality, especially in offices, hospitals, laboratories, research and development centers, and commercial places, has drawn the focus of a number of organizations across the world. This, consequently, has increased the adoption of hydrogen peroxide vapor (HPV) decontamination systems for the sterilization of indoor air, thereby boosting the demand for hydrogen peroxide measurement devices significantly.

In addition to this, the efficiency of these devices in determining the presence of dissolved hydrogen peroxide in drinking water is likely to increase their application in water treatment plants in the near future. The growing significance of treating industry waste before their disposal is also projected to fuel the demand for these devices over the forthcoming years.

On the other hand, the difficulty in performing calibration of hydrogen peroxide measurement devices, especially H₂O₂ sensors, makes the designing of these devices challenging for manufacturers. They also face issues in obtaining a consistent concentration of hydrogen peroxide during the process of calibration, which impacts the accuracy of these devices. The market’s profitability is being hurt by these factors to a significant extent, which may affect its growth in the long run.

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H₂O₂ Detectors to Surpass H₂O₂ Sensors in terms of Demand

TMR estimates the global hydrogen peroxide measurement market to expand at a healthy CAGR of 5.70% between 2016 and 2024. During this period, the opportunity in hydrogen peroxide measurement devices is projected to increase from US$81.4 mn in 2015 to US$133.3 mn by the end of the forecast period.

In terms of production volume, the number of total units produced is likely to touch 137.64 thousand units by 2024. Among all types of hydrogen peroxide measurement devices, 2015 witnessed maximum demand for H₂O₂ sensors. However, H₂O₂ detectors are likely to supersede the former with a demand share of nearly 44% by the end of the forecast period. Currently, Europe leads the worldwide hydrogen peroxide measurement market and is expected to remain dominant throughout the forecast period. In terms of application, the healthcare sector has emerged as the biggest application area for hydrogen peroxide measurement devices. Analysts anticipate this trend to remain the same in the coming years.

Quartz crucible is a bowl shaped vessel or receptacle made from high purity quartz glass through the arc fusion method. Quartz crucible can withstand high temperature; therefore, it is used in high heat processes for melting or calcining metals, glass, and pigments. Quartz crucible offers excellent thermal insulation; thus, it is widely employed in the semiconductor and solar industries. The standard size of quartz crucible varies between 10 inches and 36 inches.

Being the prime source of silica, quartz is used in various applications such as manufacture of glass, ceramics, and refractory materials. The semiconductor industry has enacted stringent regulations regarding the purity of quartz. Therefore, there is need of high purity quartz ware such as quartz crucible in single crystal silicon growth via the Czochralski process for the handling and processing of wafers. VLSI (very large scale integrated) and semiconductor device circuits require high-purity single crystal semiconductors due to the difficulty faced in controlling amorphous or poly-crystal properties. Silicon wafers obtained from highly pure single crystal silicon ingots are free from crystalline defects. Thus, rise in demand for high purity quartz in advanced high-tech semiconductor applications is likely to boost the demand for quartz crucibles in the next few years.

Modern communication technologies such as microprocessors and mobile phones are based on monocrystalline semiconductors made from silicon. Thus, rise in demand for smartphones, tablets, and flash memory cards coupled with the increase in application in consumer electronics has propelled the demand for single crystal silicon ingots. This, in turn, has accelerated the development of new technologies in silicon wafers. Furthermore, increase in demand for new silicon material to replace polycrystalline silicon due to the presence of impurity is augmenting the demand for quartz crucible for providing dislocation-free and low impurity single crystal silicon ingot.

Quartz crucibles cannot be reused due to the risk of impurities. Furthermore, quartz crucibles get attacked by molten silicon during the solidification process of silicon ingot. Therefore, using it again for single crystal growth may affect the ingot yield. Quartz and silicon possess different thermal expansion coefficient. Therefore, reusing it may result in significant mechanical stress. This would further cause crystalline defects and lead to crucible cracking. Hence, reusability of quartz crucible is one of the major challenges for manufacturers. This is estimated to restrain the growth of quartz crucibles in the semiconductor market.

The quartz crucible market can be segmented based on product type, application, and process. In terms of product type, the market can be divided into 18 inch, 20 inch, 22 inch, 24 inch, and others. Based on application, the quartz crucible market can be segregated into photovoltaic cell, electronic semiconductor, solar industry, and others. Quartz crucible is the preferred choice in semiconductor and solar industries due to its heat resistance property. Quartz crucibles are used in the production of single crystal silicon ingots through the CZ method. Single crystal silicon ingots are further processed into silicon wafers for the semiconductor market. Single crystal silicon ingots are widely used in integrated circuits for the manufacture of microchips and low power devices. The outside diameter of single crystal ingot produced through the CZ method varies between 150mm and 450mm, while the length ranges from 1m to 2m.

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Based on geography, the global quartz crucible market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is one of the key regions of the global quartz crucible market. China and India hold major market share in Asia Pacific. China has been dominating the demand for quartz crucibles since the last few years.

East China is expected to be one of the major producers of quartz crucibles, followed by North China, during the forecast period. The semiconductor market in the country has been expanding; it accounted for 29% of the global market share in 2015. Rise in demand for consumer electronics, increase in disposable income, and growth in consumption of semiconductor materials in data processing and communication application sectors are anticipated to propel the semiconductor market. This, in turn, is estimated to boost the quartz crucible market for single crystal silicon in the near future.

China is a rapidly expanding market for 200mm silicon wafers. However, rising demand for 300-400mm silicon wafer, process improvement, productivity, and yield is expected to boost the demand for large diameter quartz crucibles during the forecast period. 300mm silicon wafer has high surface area compared to the 200m wafer. Therefore, the manufacturing cost of large silicon substrates is approximately 30% less than that of 200mm wafer.

Key players operating in the global quartz crucible market include Lianyungang Sunlight, Solar Cera Co., Ltd., Saint-Gobain, Ferrotec Solutions, Jinglong, Huaer, Lianyungang Sunlight, Ningbo Boost, Quartz Scientific, Inc., The Quartz Corp, Advalue Tech, Vesuvius, Huaer, and Zhonghuan.

The global 2-shot injection molding market is anticipated to witness a significant rise in coming years due to the presence of highly fragmented market scenario. There are vast number of players operating in the market, owing to which the landscape seems to be quite competitive. Each of these players hold some amount of share in the market, due to which the competition is expected to soar in coming times.

According to a report by Transparency Market Research, the global 2-shot injection molding market is estimated to expand at a steady CAGR of 6.5% within the forecast period from 2016 to 2024. From a valuation of worth US$6.6 bn in year 2015, the market has soared to a worth of around US$11.5 bn by the end of the forecast period.Some of the major players in the firms are Paragon Rapid Technologies Limited, Gemini Group, Inc., Nyloncraft, Inc., Gemini Group, Inc., and Rogan Corporation. The major players are working upon bettering the production volume, so as to maintain their relevancy in the market. Moreover, they are highly focused to reduce the lead time, to project the competitiveness.

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Automotive Segment to Dominate Global Market

As per the application, the global 2-shot injection molding market is categorized as automotive, medical, consumer goods, packaging, industrial, and electronics and electrical. Among these, the automotive segment accounted for the major share in the global market with respect to revenue, back in 2015, holding around 20% of the entire market. Geographically, Europe, in 2015, accounted for the largest market of 2-shot injection molding with near about 30% of the market. The segment is foreseen to sustain its position in the forthcoming years as well, because of the high focus on the improvement of product portfolios and product differentiation to improve its market position.

Initial Investment Cost to Hamper Growth of Market, Globally

One of the major hindrances of development in the global 2-shot injection molding market has been foreseen to be the over the top cost of gears and tools in contrast with that of those utilized as a part of traditional molding. Besides, makers could be demoralized to receive 2-shot injection molding in their production procedure because of significantly high initial investment cost. The limited options of material pairs which could be utilized for 2-shot injection molding have been anticipated to hinder the market.

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In any case, the report has anticipated that some unseen aspects to indicate the scenario in the global 2-shot injection molding market. These could be through rising government emphasis to reuse plastics. OEMs could be urged to build up the reception of 2-shot injection molding as tight government controls stresses firms to reuse materials.

A main preferred standpoint of executing 2-shot injection molding is that the center of any two element parts could be extracted from reused plastic while getting rid of any adjustment in its property or appearance. In such manner, the lifting surging of reused plastic has been forecasted to look good for the market.

Developing regions have huge opportunities for growth, as few markets in these regions are in their early stage of development. For example, Asia Pacific is leading in the global isononyl acrylate market. Based on the report developed by Transparency Market Research on the global isononyl acrylate market states that Asia Pacific held 80% share in the overall market. Significant rise in infrastructural development along with rapid industrialization and urbanization has made this region a leading market for the growth of isononyl acrylate. Growing consumerism in Asia Pacific is also considered as a driving factor in this market. Japan, China and India are the major regions in Asia Pacific isononyl acrylate market.

On the other hand, North America and Europe are also expected to hold key position and offer lucrative growth opportunities in the global isononyl acrylate market in the coming years. High demand for pressure-sensitive tapes is the key reason behind the growth of North America isononyl acrylate market.

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In terms of revenue, the global isononyl acrylate market is expected to generate nearly US$ 12.3 million by the fall of 2024. This figure is slightly higher than US$ 10 million earned in 2015. The growth rate expected to be near 2.4% CAGR over the forecast period between 2016 and 2024. With this positive growth rate the market is expected to achieve newer heights in the coming years.

Players operating in the global nonyl acrylate market are high competitive, but this competition is only consolidated among few players who are leading this market. OSAKA Organic Chemical Industry Ltd., and Angene International Limited are the leading players holding significant share in the market. These leading players are engaged in contract research and manufacturing that will help in reducing the cost and will result in augmenting product development.

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Rise in application of isononyl acrylate has augmented growth in the global isononyl acrylate market. Coatings and paints and sealants and adhesives and are the key segments in which the global isononyl acrylate market. Out of these two, application is high in the adhesives and sealants segment. By the end of the forecast period, this segment is expected to hold 96.4% share in the market. Presently, the key application of isononyl acrylate is high in the production of pressure-sensitive adhesive tapes. As the demand for these tapes are rising, which will further augmented growth in this market in the coming years.

Additionally, the coatings and paints industry is also expected to offer lucrative opportunities to the global isononyl acrylate market due to the growing demand for these in the flourishing construction industry. Despite the high growth in the globalisononyl acrylate market, there are few restraining factors that are threating the growth in this market. Time taking and high complex manufacturing procedures are the some of the key restraining factors that are likely to deter growth in the global isononyl acrylate market. Moreover, availability of cost effective substitutes such as  ethyl acrylate, butyl acrylate, and methyl acrylate are also acting as challenging factors that may deter growth in the global isononyl acrylate market.

Some of the most prominent companies in the global lubricant additives market are focusing on product innovation to gain competitive advantage, finds Transparency Market Research (TMR) in a recent study. As per TMR, the presence of numerous players has rendered the market highly competitive. Some of the leading companies including Afton Chemical Corporation, Chevron Oronite Company LLC, Infineum International Limited, and Lubrizol Corporation are profiled in the report and discussed in detail. TMR forecasts the market players to develop and design products to cater to dynamic consumer preferences, while cohering stringent emission control standards.

“New players are likely to focus on developing technologically advanced products to create brand image and gain a stronger foothold in the global lubricant additives market,” said a lead TMR analyst. Expansion strategies adopted by the companies are expected to augment growth in the global lubricant additive market in the coming years.

Asia Pacific to Offer Lucrative Growth Opportunities

Analysts predict the market to rise at a slow pace. As per TMR, the global lubricant additives market, which stood at 4,334.54 kilo tons in 2015, is expected to reach 4,934.61 kilo tons by the end of 2020, expanding at 2.66% CAGR between 2015 and 2020. Among products available in the global lubricant additives market, the dispersants segment held lead in 2013. By the end of the report’s forecast period, the dispersants segment is expected to hold nearly 25.55% of the market. However, analysts predict the antioxidants segment to show growth at a faster pace.

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Regionally, the lubricant additives market in North America has plateaued, however, the practice of using lubricants to maintain machineries will enable the market record steady growth in the region. TMR predicts, the Asia Pacific lubricants market to rise significant owing to rising disposable income of customers that bolstered the automotive purchase in the region.

Stringent Emission Control Regulations Fuel Scope for Expansion

Stringent regulations mandating emission reduction to 95 grams of carbon dioxide per kilometer by the end of 2021 are pushing the lubricant additives market in North America and Europe. These regulations have propelled the use of lubricants to maintain engine efficacy. Furthermore, lubricants also reduce friction and wear and tear in machines. They also act as coolants, which is expected to fuel their demand in the coming years.

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TMR expects the global lubricant additives market to greatly benefit from the booming automotive sector. As manufacturers work towards meeting various emission standards, their demand for lubricants additives will rise. Several million vehicles are sold in Asia Pacific every year and analysts are predicting this trend to continue unscathed through the forecast period. This is expected to spur growth in the lubricant additives market. Furthermore, lubricant vendors are devising novel technologies to replace zinc dialkyldithiophosphate in engine oils. This will create opportunities for the market to grow in the near future.

Improvements in Lubricant Oil Chemistry May Reduce Demand from Commercial Vehicles Segment

On the downside technology evolution in engine and improvements in lubricant oil chemistry will allow remarkable progress in engine oil drain interval. This could reduce the consumption of engine oils especially in commercial vehicles, which can negatively impact the global lubricant additives market.

Prominent market players in the world market for polyphenylene ether are Mitsubishi Engineering Plastics Corporation, Sumitomo Chemical Company, Saudi Basic Industries Corporation, and Asahi Kasei Chemicals Corporation, in accordance with a recently published market research report by Transparency Market Research.An emerging and prominent trend that is being noticed in the international market for polyphenylene ether (PPE) alloy is the prevalence of joint ventures between pursuits for PPE capacity expansion and market participants. This is not only reinforcing the production capacity and technical expertise of various partnering companies, but also enhancing their capability to operate.  An instance in focus is the company Asahi Kasei Chemicals Corporation.

In the month of January, 2017 the said company secured a joint venture with another company, China National Bluestar (Group) Co. Ltd. In accordance with the said agreement, Asahi Kasei Chemicals Corporation is expected to initiate the sale and production of its mPPE brand Xyron in the country of China. It also includes the intermediate material i.e. polyphenylene ether (PPE) and 2, 6-xylenol.

In a recently published market research report by Transparency Market Research, it has been predicted that the world market for polyphenylene ether alloy is expected to rise at a steady CAGR of 4.9% in between the time period that extends from the year 2016 and 2025. The said market is anticipated to reach a market valuation of US$ 1,951.2 mn by the year 2025 from a market valuation of around US$1,264.7 mn in the year 2016.

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North America has accounted for a leading market share in the international market for polyphenylene ether alloy in the year 2016. This regional segment is backed by the segment of automotive as it is the leading end user in North America. It is also supported by the growing need for light weight automotive components so as to serve the requirement for light weight vehicles which are fuel efficient.Europe and the region of Asia Pacific together account for a sizeable share of the world market for polyphenylene ether alloy.

Growing demand for sustainable and specialized products is encouraging the demand for polyphenylene ether alloy in the region of Europe. Growth promoting factors such as European Union’s end-of-life vehicle requirements and increased regulations on CO2 emissions have forced automakers to go for high performance material that assist in reducing manufacturing cost and reducing vehicular weight.

In the forthcoming years, increasing investments in the industry of automotive in many of the European countries like France, the U.K., and Spain is anticipated to come up with promising opportunities for the market for polyphenylene ether alloy. Various automakers like Renault is making heavy investment for the manufacturing of electric vehicles that are anticipated to generate substantial opportunities for the manufacturers of polyphenylene ether alloy.

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Stringent Government Measures to Impact Market Positively  

There are several factors that drive the world market for polyphenylene ether alloy, of which growing need for the reduction in the weight of automotive components for the purpose of fuel efficiency is the leading one.  Strict rules and regulations to bring down the emission of CO2 have forced many of the manufacturers to go for innovative ways and new materials that are working in favor of the said market.

Another crucial element that is fuelling the growth of the said market is stringent regulatory measures across the globe for the purpose of controlling corrosion of equipment. This also makes polyphenylene ether alloy eligible for many different applications, particularly in fluid transporting equipment as it comes with high hydrolytic stability owing to its quality of low absorption rate. Apart from that, polyphenylene ether alloys are considered recyclable, eco-friendly, and exhibit high dimensional stability. As such, the said market is anticipated to witness growth ovetr the years to come.

The global matting agents market has been witnessing continuous technology and product development by the market players. According to a report by Transparency Market Research, the market for matting agents will experience expansion of product portfolio. The manufacturers are focusing on developing new strategies to increase the diversification of the market. Some of the leading companies in the market are Akzo Nobel N.V., The Lubrizol Corporation, Axalta Coatings Systems LTD., Huntsman International LLC, PPG Industries, Inc., W.R. Grace & Co., and Evonik Industries Ag.

The global matting agents market is anticipated to rise at a CAGR of 5% during the forecast period of 2017 to 2025. The market was valued at US$540 mn during 2016 and is expected to rise during the forecast period. According to technology, water based matting agents leading the market and is expected to increase by the end of 2026. Asia pacific held the larger share in the market during 2016 by holding 25% of the total share. This region is expected to rise during the forecast period due to rise in infrastructural and economic development in countries such as India, Indonesia, China, and Vietnam.

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Rise in Architectural Coating to Increase Demand for Matting Agents in the Market

Matting agents are increasing in demand due to rise in demand for coil and wood coatings. These are the major applications of matting agents market. Matting agents have also increased demand in architectural and industrial coatings. Properties of matting agent is to provide matt finish along with soft feel. They also improve the properties of the surface, mar resistance, and slip of the material they are applied on. Matting agents are gaining popularity due to consumer’s demand for soft feel or haptic effects. Matting agents improve the desirability of architectural coating by improving its rub, scuff, and slip resistance in architectural coating.

Thus the demand for matting agents are gaining popularity in the market. The demand for matting agents are rising due to increased architectural and industrial coating. This segment is rising significantly because the demand for excellent surface properties are in demand by the consumers. Diatomaceous earth is rising in popularity for base material of matting agents. Producers are developing a low cost and eco-friendly matting agent with the help of diatomaceous. The government policies and stringent regulations have led in rise of eco-friendly matting agents. The rise in awareness among consumers regarding the environment has also fueled the growth of eco-friendly matting agents in the market.

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Increased UV Cure Coating Likely to Hamper the Market Growth

Increase in demand for UV cure coatings is anticipated to affect the matting agents market during the forecast period. The end users are shifting their preference from matting agents to UV cure coatings due to the benefits it provides. Matting agents have several issues as compared to compatibility of UV cure coating therefore it cannot be added to the UV cure coating. Doing so will decrease the efficiency of matting agents.

Therefore, there is increased demand for UV coatings in the market. Matting agents also emit VOC in higher film shrinkage and solvent based technology. Matting agents have presence of high solid coarse particles and lack evaporation process. Matting agents also have inconsistency during action and lower cure speed. This will further lead to hamper of growth in the market during the forecast period.

The demand within the global aluminium castings market has been rising on account of advancements in the automotive industry, finds Transparency Market Research (TMR). The global market for aluminium castings hosts a large number of companies that have earned a name for themselves on the global front. The strategic efforts of the leading vendors in the global market for aluminium castings have helped them in fortifying their roots across the world. It is expected that the leading players in the global market for aluminium castings would continually introduce new business hacks and marketing strategies in order to further expand consumer base. Furthermore, the presence of a huge chunk of small vendors makes the global market for aluminium castings extremely fragmented.

The small market players in the global market for aluminium castings are projected to follow the footsteps of the established firms in order to reap profits. The growth of these small and local players could be obstructed by the iconic brand image of the leading vendors. Most of the consumers in the global market for aluminium castings are associated with the industrial sector where quality and durability are the most important standpoints. Hence, the small market players are expected to concentrate on elevating their quality standards in order to earn the trust of the end-users.

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A report added by Transparency Market Research (TMR) predicts that the global aluminium castings market would expand at a sluggish CAGR of 5.2% over the period between 2017 and 2025. The global market for aluminium castings had a net value of US$ 25.23 bn in 2016 and is expected to reach a value of US$40.14 bn by the end of 2025. On the basis of application, the demand for aluminium castings has been the highest across the automotive sector. The geographical segmentation of the global aluminium casting market shows that the market in North America has matured at a rapid pace.

Automotive Sector to Boost Market Demand

The demand for high-end cars with strong and resistant bodies has necessitated the use of effective aluminium castings in the automotive sector. Furthermore, the light weight of these castings helps manufacturers during the process of production which has also popularised aluminium casting across the world. Hence, it is safe to prognosticate that advancements in the worldwide automotive sector would also give an impetus to the growth of the global market for aluminium castings.

Apart from the automotive sector, aluminium castings are also used in other industries such as constructions, iron and steel, and metallurgy. This factor has also played a major role in the growth of the global market for aluminium castings in recent times.

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Herculean Production Process Could Hamper Growth

Despite the utility of aluminium castings in multiple industries, the process of casting is time-consuming and labour-intensive which often slows down supply. This factor could act as a minor hindrance for the growth of the global market for aluminium castings over the coming years. However, the unavailability of a viable substitute and the low cost of aluminium castings is expected to keep enhancing the prospects of market growth in the years to come.

The synthetic fiber market is anticipated to see steady growth in the coming years according to Transparency Market Research (TMR). Currently, business landscape of this market features fragmentation. A handful vendors dominate the synthetic fiber market, while the remaining shares are distributed among several vendors. This is expected to lower the entry barriers for new vendors.

The market is also witnessing high participation of regional players, who are generating substantial market revenues. Leading vendors in the global synthetic fibers are involved in the research and development of innovative product portfolio. Customization is a leading strategy that is being adopted by vendors to gain momentum in the global specialty fibers market. Collaboration and geographical expansion of production facilities is another key strategy being adopted by market players.

Leading vendors operating in the global specialty synthetic fiber market are Mitsubishi Chemical Holdings Corporation, Toray Industries, Inc., E. I. du Pont de Nemours and Company, Asahi Kasei Fibers Corporation, and Indorama Corporation. As reported by TMR, the global synthetic fiber market is expected to rise at a 4.10% CAGR over the forecast period 2017 to 2026. The market is estimated to reach S$ 90,000 mn in revenue by 2026.Geography-wise, the global synthetic fibers market is expected to be dominated by Asia Pacific excluding Japan (APEJ). This could be attributed to the soaring population in the region.

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Automotive Sector to Boost Growth

Automotive is expected to account the real offer of the market income. Expanding demand for automotive interior materials, for example, tweed, velvet, velour, and different fibers is expected to drive the market development. Polyester is most generally utilized material in automotives because of its light weight property. Developing demand for lighter automotive interior material is expected to drive the market development over the gauge time frame.

In any case, stringent natural controls identified with non-biodegradability of synthetic fiber represent a test to the market accordingly directions influence the appropriation rate of synthetic fibers.

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Apparel Industry to Offer Lucrative Opportunity

Clothing industry that includes work wear, children’s wear, menswear and women’s wear, has been seeing an ascent on account of swift growth in urban populace, which inclines toward obtaining simple to look after attire. Buyers over the globe demand for garments that is helpful and offers security in the riotous urban way of life. As clothing created from synthetic fibers involves each of these characteristics, their demand will observer a considerable ascent among consumers universally.

Makers over the globe are engaged in research and development to create different innovations and procedures to grant better specialized and security attributes in their products. Substantial consideration has been given to fuse useful changes in synthetic fibers with almost no risky effect on the globe. This is expected to fuel the global synthetic fiber market to a substantial degree.

The global market for fluropolymers has highly competitive vendor landscape, observes Transparency Market Research (TMR). Presence of a strong and limited number of players operating in the global market is leading to intensifying competition among the players. Some of the players operating in the global fluropolymers market are 3M Company, Honeywell International Inc., Asahi Glass Co., Ltd, Daikin Industries Ltd., and Solvay SA. This competition is leading to create an entry barrier for new entrants in the market. In order to stay ahead in this competition, the key players are focusing on research and development (R&D) activities for the development and improvement of products.

According to TMR, the global market for fluropolymers is expected to swell with a CAGR of 5.3% over the forecast period to 2017 to 2026 to attain the value of US$690.3 mn by the end of 2026. Based on the product type, the polytetrafluoroethylene segment dominated the market in 2016 and is expected to continue its dominance over the forecast period. Based on the application, the medical devices segment is accounting for leading share in the overall market. Based on the region, Asia Pacific excluding Japan (APEJ) dominated the overall market and is expected to remain dominant by the end of the forecast period.

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Growing Application in Medical Devices to Fuel Growth

Fluropolymers has wide-ranging applications in medical devices owing to properties such as biocompatibility and lubricity. Fluropolymers have applications such as limb installation, gloves, jackets, aprons, and others to protect injury from numerous diseases and infection.

Surgeons are also increasingly preferring fluoropolymer multilumen catheter to conduct surgeries without removing the catheter to use with another. Some of the exceptional properties of fluropolymer is making the material preferable mainly in the minimally invasive medical procedures. These factors and higher demand are boosting the growth of the global fluoropolymer market.Additionally, fluoropolymer material is available in numerous forms, but the most common is polytetrafluoroethylene (PTFE). PTFE is widely used in medical devices as it is clean and easily applicable in tissue and blood.

Players in the healthcare industries are preferring the fluoropolymer for performing the process such as sterilization and high compatibility with tissues and stability in the wide range of temperatures, lubricity, purity, and inactivity in the chemical reaction and activity. The aforementioned factors are boosting the adoption of the fluoropolymers which is likely to fuel the growth of the global fluropolymers market.

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Extensive Research to Offer Lucrative Opportunities

Despite the growth factors, numerous regulatory bodies are increasingly imposing regulations on the manufacture of the fluropolymer products are hampering growth of the global market. In addition, growing adoption of wide range of the household and hospitals products such as stain-resistant carpets which may lead to PFOA contamination due to material and water are hampering growth of the global fluoropolymer market.

Nonetheless, extensive research and development (R&D) activities for upgrading the product and its performance are offering lucrative opportunities for growth and collection of revenue. Additionally, gaining importance of piezoelectric materials in the electronics mainly in the coating in the chemical manufacturing are offering lucrative opportunities for growth.

The competitive landscape of the global roofing market is a fragmented one with the presence of several key players. These leading players in the market have become highly focused on maintaining a regular and strong set of income. Moreover, these leading players in the market have incorporated a broad range of aggressive business strategies that will help them in boosting their revenues and bolstering their brand value. Strategies such as mergers, joint ventures, and acquisitions have become increasingly common across the market.

This development is helpful for the overall growth of the global roofing market. Some of the leading players in the global roofing market include names such as Carlisle Companies Incorporated, Brass Monier Building Group, Owens Corning Corp., CertainTeed Corporation, and GAF Materials Corporation among others. The growth of the global roofing market is expected to be achieved with a CAGR of 4.9% for the forecast period of 2018 to 2026. With this growth rate, the market will see a significant rise from its initially recorded valuation of US$92,430.94 Mn in 2017.

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Asia Pacific to Remain as Leading Regional Segments

In terms of regional segmentation, the global roofing market is divided into five major regions viz. North America, Middle East and Africa, Asia Pacific, Latin America, and Europe. Currently, for the given period of forecast of 2018 to 2026, the global market is expected to be dominated by the regional segment of Asia Pacific. One of the major reasons for the development of the Asia Pacific segment is the booming building and construction industry in the region. This is because of the presence of emerging economies such as India, China, Philippines, Vietnam, and Bangladesh. In addition to this, growing population in the region, growing activities of urbanization, and growth of industrialization in Asia Pacific are also projected to play a considerable role in the development of roofing market in the region.

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Government Sponsored Construction Projects to Drive Growth of MEA Region

Middle East and Africa is expected to emerge a promising region for the development of the roofing market in the coming years of the forecast period. The growth of the regional segment can be attributed to the huge developments and expansions in the construction industry that consists of public infrastructure, public utilities, and commercial establishments among others.

There has been a robust growth in the construction industry in Qatar and UAE due to the growing expenditure sanctioned by the governments for building lucrative commercial projects. This has also helped in pushing the growth of the roofing market in the region.

The Ceramic Matrix Composites Market is experiencing high technological innovations through constant research and development done by the companies manufacturing ceramic matrix. The market is undergoing intense competition due to changing technologies and evolving trends, as analyzed by Transparency Market Research (TMR). The key contenders in the market are focusing on providing high comfort, with robust structures, and improved performance that can be used in thermal management, high-end sports equipment, and in electronics. Some of the key players analyzed in report are CoorsTek, Specialty Materials, Inc., Clariant Corporation (KiON Corporation), Ultramet, Ceram Tec, COI Ceramics, Lancer Systems, LP, and Clariant Corporation (KiON Corporation).

As per the TMR report, the valuation of the ceramic matrix composites market could reach up to US$ 6.5 bn by the end of the forecast period. The ceramic matrix composites market can expand at 8.1% of CAGR during the forecast period from 2017 to 2026. SiC/SiC segment, a product type is estimated to lead the share in the global market due to higher oxidation resistance than others. According to the regional analysis, Asia Pacific excluding Japan (APEJ) is projected to lead the market as a reason for developing aerospace manufacturing and increasing demand for energy in this region. Low cost and high labor supply in various countries such as China, Malaysia, and Thailand in this region have also triggered its demand in APEJ.

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Sufficient Opportunities for Upcoming Companies with Strong Capital Back Up

Emerging economies are presenting huge growth opportunities that will largely benefit the ceramic matrix composites market in coming years. Manufacturing sector plays a crucial part in ceramic matrix composites market, whereas marketing and supply chain management activities have the significant amount of the revenue that have been produced by the market players. The upcoming players with a potential financial backup have higher advantage in getting through the market and making their own place by competing with other players. Additionally, the dominant companies take over the business intelligence units that assemble valuable and complete knowledge about the consumer’s point of view depending on their activities and experience from time to time.

High End Application to Create Lucrative Opportunity Due to High Cost 

The high cost is involved in making energy intensive procedures while using ceramic matrix composites. Despite of high cost the high-end applications, which includes thermal management, defense, and aerospace; have created lucrative demand for ceramic matrix composites. Ceramic fibers, produced in demand-specific quantities, do not impart benefits of mass production. However, developments in mining technologies and metal joining are expected to boost the demand for ceramic matrix composites market during the forecast period.

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As in the conversion procedures includes ceramic matrix composite manufacturing that involves high energy consumption. Thus, forcing technology providers to make effective in developing newer energy efficient manufacturing procedures. Moreover, developing nations are providing appropriate initiatives for research and development with the help of public private partnership and through joint ventures.

The information presented in this review is based on a TMR report, titled “Ceramic Matrix Composites Market (Product Type - Carbon/Carbon, SiC/SiC, Oxides/Oxides, and Others; End-Use Industries - Aerospace & Defense, Automotive, Energy & Power, Electrical & Electronics, and Other End-Use Industries) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026.

The leaders in the Africa small hydropower market - ESKOM Holdings, Africa Infrastructure Investment Managers, and Siemens AG - have all held significant shares in terms of value for 2015, despite the governments owning the majority of the projects. The collective share of 34% in value by the above players can be related to the massive volume of the Africa small hydropower market held in government projects and regional players.

As stated in a research report published by Transparency Market Research, the overall competitive scenario within the Africa small hydropower market is likely to remain diverse over the coming years. The large number of service providers is expected to be beneficial to the market’s growth rate in general. At the same time, the overall degree of competition will be determined by the successful and appealing product differentiation brought out by players as well as the maintenance of high value brand identity by the leaders.

The Africa small hydropower market is likely to remain a difficult egg to crack for new entrants due to the need to possess expensive proprietary technology. While small hydropower remains a solid source of renewable energy, the rate at which other technologies in renewables is advancing at a swift rate, increasing the threat received by the Africa small hydropower market from alternatives. The African Small Hydropower market’s potential capacity was 9,752.9 MW in 2015 and is projected to reach 49,706.1 MW by 2024, after expanding at a CAGR of 19.2% from 2016 to 2024.

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Low Environment Impact a High Plus for Africa Small Hydropower Market

When it comes to power generation, one of the greater concerns in the world today is the provision of greener energy. This impacts a region on multiple levels. Governments today are fully aware of the worsening effect that continued consumption of non-renewables is going to have on other natural resources as well as the integrity of soil, flora, and fauna.

At the same time, renewable energy source present a sustainable and cheap source of energy, a factor of high value for a lot of countries, especially the ones with developing economies,” states a TMR analyst. The overall impact of this driver is already very high and is expected to climb higher over the coming years. Small hydropower projects especially hold a unique spot in renewables due to the fact that they cause little to no change in the flow of the water, increase its temperature, or deplete the oxygen level in the water. Other factors also driving the Africa small hydropower market include the low cost associated with the overall generation of hydropower in the long run, as well as the lower capital required to setup small hydropower as compared to other renewables.

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Low Access to Small Hydropower Tech Hinders Large-scale Implementation

A lot of regions in Africa are currently out of reach for a number of energy projects, due to their location or the overall lack of technology held by the nations. The Africa small hydropower market is affected by this as well, as the large-scale use of small hydropower becomes next to impossible due to the inaccessibility of relevant technologies to all regions. This is a consistent problem in mini, micro, and pico hydropower projects as well. Other factors diminishing the growth rate of the Africa small hydropower market include the low local capacities of a majority of regions and the absence of supportive infrastructure.

“Off-grid power generation is a highly sought-after and feasible alternative to solve the energy crisis in Africa. Several regions lack the necessary infrastructure needed to create power grids that include renewables on a large scale. However, the use of off-grid small hydropower installations can work in the favor of small areas and help meet their power requirement,” adds the analyst.

A recent report by Transparency Market Research states that the global industrial silica market is set to experience a substantial  growth in the from 2017 to 2025. The growth of the market is attributed to growth in the manufacturing of cement, concrete, and glass across the globe. These products have widespread applications in sectors such as construction, building, and various other domestic applications. Due to growing demand for these products in construction sector the global industrial silica market. Due to these demands, the global industrial silica market shall witness 6.6% CAGR from 2017 to 2025, says the report. Also, as per the report the market shall reach to the value of US$ 32.98 bn by the 2025.

Fiberglass Segment Remains Dominant

Based on Application the global industrial silica market is segmented into fiberglass, Sodium Silicate, Additive, reinforced fillers. Of these applications, the fiberglass segment accounts for more than 25% of total market share. This makes the segments as the dominant segment in the global industrial silica market. The dominance of the segment is the result of the growing demand for multipurpose glass in various business applications. Some of the examples are bullet proof glasses, mold for various product manufacturing etc. Due to these applications, the global industrial silica market shall witness the projected growth from 2017 to 2025.

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Growing Foundry Industry Boosts the Market

From Building to airplanes, to windshields, foundry industry and fiberglass have widespread applications. These applications are growing with passing time. With the advancements in these applications the global industrial silica market is experiencing major boost these days. Additionally, production of custom glass articles for the customers is also a major reason for the growth of global industrial silica market from 2017 to 2025.

Fragmented Nature calls for Effective Measures

The global industrial silica market is highly competitive and fragmented. There are several players that are currently controlling the dynamics of the market. This poses a tough challenge for the new comers. To withstand these challenges, the players are merging and partnering with established players. This allows them to bag essential resources that can ensure their sustainability in the global industrial silica market.

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On the flip side, the veterans are acquiring several businesses to maintain their dominance in the global industrial silica market. This strategy allows the players to expand their production and distribution which provides them a competitive edge over their rivals.

Asia Pacific to Emerge as Dominant Region

Based on the presence of various big shot customers and easily available raw materials, the businesses across the globe are focusing their attention towards Asia Pacific. This in turn will project the region the most dominant region in global industrial silica market from 2017 to 2025.