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The global ceiling tiles market is expected to exhibit a steady growth over the coming years, according to a Transparency Market Research (TMR) study. The market features a highly competitive vendor landscape. The global ceiling tiles market is marked by the dominance of top four players-namely Armstrong World Industries Inc., Saint-Gobain S.A., USG Corporation, and Knauf. These vendors exude a lot off influence on other players in terms of product portfolio, trends, and adoption of technological innovations. The dominance of these players can be accounted to their robust product portfolio, innovations, strong research and development approach.

With a moderately fragmented competitive landscape, high levels of rivalry exists between market vendors. Several small-and medium-sized players operate in the market. However, on account of forward and backward integration in the supply chain, the entry of new vendors could be restricted. Vendors in the global ceiling tiles market are anticipated to capitalize on prominent trends such as product sustainability and eco-friendliness. A strong foothold in the market is expected to be followed by engaging in sound research and development activities towards this goal. This is a key trend observed in the global ceiling tiles market that can be used to their advantage by vendors.

TMR projects the global ceiling tiles market to rise at a 10.10% CAGR over the forecast period 2016 to 2024. With an estimated value of US$21.6 bn in 2015, the global ceiling tiles market is likely to be worth US$51.3 bn by the end of the forecast period.

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Emergence of Green Building Concept to Bolster Ceiling Tiles Market

With an awakening towards the concept of green building on the rise, the number of restoration activities of existing structure is rising. A large number of consumers are focusing on reuse and recycle policies, driving the global ceiling tiles market. With vendors in the market increasingly focused on backward integration across the supply chain, the use of products emitting low levels of volatile organic compounds (VOCs) is expected to rise. This is driven by the rising stringency in regulations towards the use of conventional products. Thus, the need for sustainability plays a key role in boosting the global ceiling tiles market and is expected to influence the market positively over the coming years. 

Growing Commercialization to Bolster Growth

In recent years there has been a steep rise in demand for commercial buildings. A key driver of the growth of the business sector is significant investment in infrastructure development in emerging economies.  Countries such as India, South Korea and China, in the Asia Pacific region, have significant commercial space expenditures, including production plant construction and institutional buildings. In its proposed 2018-19 budget the Chinese Government, for instance, has estimated that the capital expenditure for building HK$ 23,923 million would be 7% higher than for the financial year 2017. Such instances are likely to fuel the global ceiling tiles market to a large extent in the coming years.

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Further, in the coming years, demand for renovations and repair of residential segment is expected to rise, promoting increased spending on construction activities. This is likely to bode well for the growth of the global ceiling tiles market over the forecast period. As ceiling tiles play a significant role in the acoustics and aesthetics of a structure, demand is forecasted to amplify with rising construction activity across the globe. The increasing migration from rural to urban regions will further fuel the ceiling tiles market, due to amplified demand for housing. These factors are expected to strengthen the global ceiling tiles market in the forthcoming years.

Transparency Market Research, in a report titled “Wood Pellets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,” states that the value of the global wood pellets market is projected to rise from US$6.2 bn in 2014 to US$20 bn in 2023. If these values hold true, the report states that the market will register a 14.10% CAGR therein.

On the basis of application, the wood pellets market is bifurcated into heating and power plants. Accounting for a massive 70% share in 2014, the heating application segment led the overall market in terms of revenue and is anticipated to retain its lead throughout the forecast period. Wood pellets are used for district, industrial, and residential heating. In 2014, power plants used almost 800,000 tons of wood pellets.

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.The global wood pellets market is segmented on the basis of geography into Europe, Asia Pacific, North America, Central and South America, and the Middle East and Africa. Led by the UK, Europe held the largest share in the overall wood pellets market in 2014. The market in this region is fueled by the significant support from the government in the form of incentives for the generation of green energy.

Strict emission norms have also propelled the North America wood pellets market. The international trade of wood pellets is strongly driven by the high energy density of wood pellets and their easy availability in the developed markets of Europe and North America.

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Enviva LP, Wood Pellet Energy (UK) LTD., The Westervelt Company, Allance Pellet Machinery, Rentech, Inc., F.E. Wood & Sons, Enito Singpellet Pte Ltd, Pinnacle Renewable Energy Group, Andritz AG, German Pellets GmbH, Drax Group plc, Georgia Biomass, LLC, and Energex are some of the notable participants within the global wood pellets market. These players are profiled in the research report based on attributes such as company overview, business strategies, financial performance, and recent developments.

The global polyols and polyurethane market is expected to show a significant rise during the forecast period of 2015 to 2023. According to a report by Transparency Market Research, the market is likely to rise due to its demand in various applications such as home furnishing, appliances, automotive, and construction sectors. The demand for polyols and polyurethane is expected to see healthy growth in 2018. The demand for energy efficient technologies are leading to demand for polyols and polyurethane market globally. Some of the key companies in the market dealing with the same are The Dow Chemical Company, Mitsui Chemicals Inc., Chemtura Corporation, Huntsman Corporation, Bayer MaterialScience, and BASF SE.

The global market for polyols will rise at a healthy CAGR of 4.7% during the forecast period of 2015 to 2023. Its valuation in revenue was calculated to be US$ 16.67 bn in 2015 and is expected to reach US$ 25.29 bn by 2023. Whereas, the global market for polyurethane is expected to rise at a CAGR of 5.9% by 2023 and is estimated to reach a value of US$ 80.76 bn.

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dominating the market in terms of volume. According to the product segmentation of polyurethane market, the flexible foam is dominating the market compared to other product types.Geographically, Asia Pacific holds the major shares of polyols and polyurethane among all other regions. In 2014, it held 35% of share in the global market. Many companies are rushing to establish capacities in Asia Pacific.

Demand from Developing Industries to Boost Global Polyols and Polyurethane Market

The increase demand in construction industries, furniture and interiors, and flourishing automotive is likely to boost the polyols and polyurethane market in the forecast period. Rise in demand for furniture in developing regions due to significant rise in construction to improve economy will boost the market remarkably in the coming years. The manufacturers are engaging in providing their consumers quality products so as to increase the demand in the market and to retain them.

The qualities of polyurethane such as resistance to hot and cold conditions, weather changes, oil and solvents, wear and tear, and abrasion is likely increase its demand in the market. The multiple uses of polyols and polyurethane by various end users will also increase its demand globally. The primary reason for demand of polyols and polyurethane is its usage in automotive, construction, furniture, and interior industries globally. Strong growth of construction industries is the major reason for growth in the market. These factors are anticipated to boost the polyols and polyurethane market globally during the forecast period.

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Fluctuating Prices of Raw Material to Hamper the Growth in Market

The global polyols and polyurethane market is likely to see downfall due to limitations in regards to price volatility and supply of raw materials in the market. The limitation of supply is likely to affect developing regions more than developed regions. Manufacturers are trying to cope up with this by engaging more resources but it is predicted to hamper the market. The prices of raw material also keeps fluctuating leading to sluggishness in the market. The developing economies are more likely to face these crisis due to lack of resources. The economic downturn will also affect the sales of products. These factors will hamper the growth of market and make it slow during the forecast period.

The presence of multitude of companies and global manufacturers of piezoelectric materials in the smart materials market is what contributes to the high intensity of competition prevailing in the market, finds Transparency Market Research (TMR). Relentless efforts of these players to develop technologically advanced products and the rising investment on research and innovations are further expected to up the degree of competition in the coming years. Numerous players in the smart materials market are exploring new revenue streams by engaging in mergers and acquisitions. Prominent players operating in the global smart materials market include LORD Corporation, Noliac A/S, Kyocera Corporation, CTS Corporation, Channel Technologies Group, APC International, and Noliac A/S.

The global smart materials market is projected to rise at an impressive CAGR of 12.50% during the assessment period of 2014–2020. By the end of this period, the global market stood at US$27.7 billion and is expected to touch a valuation of US$63.28 Bn.

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Of the various product types, the piezoelectric materials segment is expected to account for the major share in the smart materials market throughout the forecast period. This is on account of the vast application of these materials in smart materials technology used in the industries such as aerospace, automotive, information technology, and robotics, especially in recent decades.

Of the various regional markets for smart materials, North America held the sway as it accounted for a major share in the global market in 2013. The regional market is expected to retain its lead in the next few years as well. This is on account of substantial use of smart materials for actuator applications in various end-use industries in the region.

Copious Commercial Applications of Piezoelectric Materials to fuel Market Growth

The drive for smart materials stemmed from the need for stimuli-responsive, smart polymers to be used in a wide variety of material science applications. The inherent property of smart materials in responding to external, environmental stimuli has been propelling its use in making a range of smart materials in end-use industries, such as smart hydrogels, biomimetic materials, and piezoelectric materials.

Probably, the most promising application of smart material has been in making piezoelectric materials. Smart materials have gained considerable traction in the aerospace industry as piezoelectric transducers. The global smart materials market is increasingly fueled by the growing application of piezoelectric materials in industrial equipment, defense and security, automotive, commercial sonar, and power generation, among several others.

The growth of the smart materials market is bolstered by the rising promising use of these materials in biomedical and biotechnological applications. The rising use of smart materials in imparting properties to smart fabrics and the growing popularity of these textile is catalyzing the rapid evolution of the global market. The notably rising use of smart materials in the automotive and robotics industries for actuators, motors, and transducers, is expected to accentuate the smart materials market in the coming years.

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Rapid Advances in Polymer Science help Leverage Potential of Smart Materials in Innovative Applications

However, the limited awareness of the product specialties made of smart materials among end-use industries is crippling the steady growth of the market. Nevertheless, these concerns are likely to be address by technological advancement and the development of cost-effective smart materials. In this regard, rapid advances in the smart materials market hinge on advancement in polymer sciences.

The rising use of these in active coating in recent years has opened a lucrative avenue in the smart materials market. Moreover, substantial research are being done to leverage the potential of smart materials in innovative biomedical applications all over the world. This is evident in the substantial prospect that these materials have in the making of advanced tissue engineering, drug-delivery systems, and responsive injectable materials in the medical industry.

In a recent study, Transparency Market Research (TMR) profiles and studies strategies adopted by the leading players in the global 3D printing materials market. The study includes profiles of some of the leading market participants such as Concept Laser GmbH, 3D Systems, Inc., Arcam AB, Solidscape Inc., Optomec, Stratasys Ltd., and others. In order to steal a march against competitors, most companies operating in the 3D printing materials market are investing in the expansion of their product portfolios. Through product innovation these companies aim at strengthening their share in the global 3D printing materials market. The report also analyzes the impact of various strategies adopted by the market players on the overall 3D printing materials market.

TMR forecasts the global 3D printing materials market to rise at a CAGR of 18% between 2014 and 2020. At this pace, the market will reach US$1.4 bn by the end of 2020 as against US$450 mn in 2013. Regionally, North America emerged dominant in 2013 backed by the increasing use of 3D printing tech. The report expects it to remain lead through the course of the forecast period. Application-wise, the consumer products segment held the dominant share of 23% in the global 3D printing materials market in 2013, trailed by the automotive industry.

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Rising Adoption across Diverse Industries to Boost Growth

Factors such as the rising adoption of the 3D printing technology across diverse industries will boost the global 3D printing materials market. In the coming years, the increasing demand from education and government sectors is expected to give impetus to the market. Furthermore, favorable regulations by governments across developed countries are supporting the expansion of the market worldwide.

In the coming years, the global 3D printing materials market is expected to witness rising demand from India, China, and ASEAN countries. The expansion of automotive, consumer products, healthcare, and other industries across the aforementioned countries will enable the market gain momentum in the coming years. The market, as per TMR, is expected to witness increasing demand for polymers on account of the rising uptake of desktop printers. Besides this, the rising demand for 3D printed metals in energy, education, research, defense and aerospace, industrial, and healthcare sectors will boost the market over the course of the forecast period.

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Limited Penetration in Undeveloped Nations May Create Hindrances to Growth

Despite North America’s dominance, TMR projects Asia Pacific to show the highest CAGR in the global 3D printing materials market. The rising demand from Japan and China will enable growth in the Asia Pacific 3D printing materials market in the coming years. In addition to this, the Europe market is slated to rise at an impressive pace. On the other hand, TMR projects sluggish growth for the market in Rest of the World. The limited penetration of 3D printing technologies in undeveloped countries is likely to restrict the market to an extent.

the global liquefied natural gas market was estimated at US$161.4 million in 2012. Growing at a CAGR of 2.8% between 2013 and 2019, it is anticipated to reach 196.4 million by 2019.As per the TMR report, based on end user analysis, the global liquefied natural gas market is segmented into electric power, industrial, and others. The industrial sector is predicted to dominate the market on the basis of demand for LNG.Numerous industries, namely fertilizers, chemicals, and steel, use high amounts of LNG in the form of operational fuel. Distillate fuels are consumed in huge amounts by industrial processes. Due to a rise in demand for electricity and rising awareness on global warming, LNG’s demand in the electric power sector is increasing. LNG’s usage for power generation is much more environment-friendly and economical as compared to traditional fossil fuels such as diesel and coal, which is leading to higher demand.

According to this TMR report, vehicle emission is the major factor that drives the usage of LNG in the sector of transportation. On combustion, petrol and diesel, which are the conventional fuels, release large quantities of carbon compounds. This raises the total carbon footprint. Countries such as Spain and France utilize LNG to lower the reliance on oil imports as well as to prevent pollution via combustion of fossil fuels. The TMR report states that LNG is highly in demand in the sector for electric power owing to the favorable heat rate and its cost friendly nature. Along with LNG being a preferred fuel, numerous policies implemented by the government make LNG’s utilization compulsory in the industrial sector for the reduction of greenhouse gas emissions.

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High load is being supported by LNG-based electric power plants efficiently and effectively, amid peak hours. It is also a favored fuel in small-scale captive power plants specially designed for in-house power generation. Additionally, a load of about 100MW is easily supported by such small-scale power plants. Industries situated in remote areas are able to function easily through the installation of captive power plants, utilizing LNG as fuel.As per this TMR research report, this market is segmented into Europe, Asia Pacific, and Rest of the World (RoW). The global LNG market has been governed by Asia Pacific on the basis of volume, owing to high demand from South Korea, Taiwan, and Japan.The developing economies of India and China both import huge amounts of LNG, since domestic production is not sufficient to meet the requirements of these dynamic countries.

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In addition, Europe is also predicted to be a dominant market for LNG, due to the high import of LNG by nations such as the U.K, France, and Spain. Rest of the World (RoW) is predicted to experience a growth rate moderate in amount due to the huge quantities of gas reserves prevalent in the Middle East.Key participants in the liquefied natural gas market include BG Group Plc, Apache Corporation, ConocoPhillips, Cheniere Energy Inc, Kinder Morgan Inc, Dominion Resources Inc, Qatar Petroleum, Veresen Inc, Woodside Petroleum Ltd, and Sempra Energy.

The global market for fuel dispensers is defined on the basis of the rivalry between Wayne Fueling Systems LLC, Tokheim Group S.A.S, Zhejiang Lanfeng Machine Co. Ltd., and Gilbarco Inc., states a new study by Transparency Market Research (TMR). In 2015, these companies, together, held a share of more than 58% in the overall market.

The local manufacturers of fuel dispensers with integrated operations have competitive advantages, thanks to the easy access to low-cost raw materials and protection from volatility in their prices. The increasing focus of the leading players in regional markets is expected to intensify the competition within this market over the forthcoming years, notes the study.

According to the research report, the global market for fuel dispensers offered an opportunity worth US$1.83 bn in 2015. Advancing at a CAGR of 2.40% over the period from 2016 to 2024, the market is anticipated to touch US$2.26 bn by the end of the period of the forecast. The market is estimated to cross 295,521 shipment units in terms of volume over the same period of time. Hitherto, electronic flow meters have enjoyed a higher demand than the mechanical ones. Thanks to their accuracy, stability, and reliability, the scenario is likely to remain same over the forthcoming years.

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Rise in China Fuel Dispenser Market to Ensure Dominance of Asia Pacific

Europe, North America, Latin America, the Middle East and Africa, Asia Pacific have been considered as the key regional markets for fuel dispensers across the world in this research report, which also presents a regional analysis of them. As per the study, the market was led by Asia Pacific in 2015 with a share of more than 45%. The rise in urbanization and the infrastructural developments have been the key driving forces behind this significant surge in the Asia Pacific market for fuel dispensers. China emerged as the leading domestic market in Asia Pacific in 2015 and is expected to retain its position, owing to it being the most prominent producer as well as consumer of fuel dispensers in the world.

The bolstering population and the rising trend of vehicle ownership are anticipated to fuel the demand for fuel dispensers in China significantly, leading to a noticeable growth in the Asia Pacific fuel dispensers market in the near future. Apart from this, India and the ASEAN countries are also projected to offer lucrative growth opportunities to fuel dispenser manufacturers in this region over the forthcoming years, aiding the market further. The markets in North America, Europe, and other regions are also expected to witness stable growth in the years to come, states the research report.

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Increasing Number of Vehicles to Reflect Positively on Demand for Fuel Dispensers

“The increasing need for various types of fuels, such as petrol, diesel, and CNG is expected to boost the demand for fuel dispensers across the world,” says a TMR analyst. The significant upswing in the number of vehicles on road, boosted by the surge in the disposable income of consumers, resulting in the changing standard of their living, has driven the requirement for fuels, reflecting greatly on the sales of fuel dispensers.

In addition to this, new discoveries in oil, gas and other fuels, progress in the shale gas industry, and the technological advancements in fuel dispensers are anticipated to stimulate the demand for these dispensers substantially over the forecast period. However, the increasing uptake of electric vehicles by consumers in order to control the pollution, may restrict the market’s growth in the near future, reports the study.

The global algae market is predicted in a report by Transparency Market Research (TMR) to bear a largely consolidated vendor landscape with three key players securing a colossal aggregate share. Sapphire Energy Inc., Algenol, and Solazyme Inc. are the three companies that have showcased their prominence in the market. In order to cement their place in the market, players are expected to put high emphasis on building strong distribution channels. Other players such as Pond Biofuels Incorporated and Algae.Tec are looking to make their presence known in the market.

TMR foresees the global algae market to expand at a 7.39% CAGR during the forecast tenure 2016-2024 to earn around US$1.1 bn by the end of 2024. By cultivation technology, open pond cultivation could continue to generate higher demand in the market. By region, North America is anticipated to take the lead in the market. In 2016, the U.S. accounted for an 87.6% share of the regional market by value.

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Alarming Increase in Carbon Emission Helps Algae Biomass Take Center Stage

As pointed out by a TMR analyst, there has been a tremendous rise of the world algae market in the recent years. Of late, the need to shift from fossil fuel resources to renewable energy sources has become prominent. This could be due to the worrying increase in carbon emission from scores of industries. As a result, demand for algae biomass is projected to increase at a telling rate since it is an important ingredient used to produce biofuel.

Vendors operating in the world algae market could expect lucrative growth opportunities birthing on the back of high focus on the use of renewable energy sources in both developing and developed countries. Furthermore, increasing demand for biofuel because of the implementation of tight emission standards and policies is forecasted to set the tone for valuable growth in the market.

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Expensive Research for Advancement of Algae Production Techniques Dents Market

In the foreseeable future, growth of the international algae market is foretold to slow down due to the negative impact of reduction in crude oil prices. Another factor that could deter market growth is expensive capital investment required for research and development to develop advanced algae production techniques.

However, the international algae market is envisaged to gather pace in terms of growth as rising application of algae in wastewater treatment creates a wealth of opportunities in the near future. Furthermore, constant increase in industrial activities is prognosticated to augment the demand in the market. Use of algal biotechnology in carbon dioxide capture and utilization could act as another opportunity for market growth. Increasing efforts to commercialize biofuel production from algae could help raise more demand in the market.

The global adhesive tapes market is fragmented in nature. According to a report by Transparency Market Research, the leading players in the market are investing in research and development to innovate new products in the market. The players are also improving the efficiency of the products so as to increase its demand in the market. Major companies in the market are endorsing in merger and acquisition activities so as to strengthen their network supply and expand their geographical presence. Companies in the market are involved in developing new techniques to improve production capacity and developing new techniques. The new players in the market are however, finding it difficult to cement their position in the market owing to high prices of raw materials and entry barriers. This is helping major players to gain prominence in the market.

The key players operating in the global adhesive tapes market are NICHIBAN CO., LTD., Lohmann GmbH & Co.K.G., Advance Tapes International, CCT Tapes, Kruse Adhesive Tape, H.B.Fuller, Surface Shields, Scapa Group PLC, Vibac Group S.p.a., K.L. & Ling, Saint Gobain, tesa SE, 3M, CMS Group of Companies, and Nitto Denko Corporation.

The global adhesive tapes market is anticipated to grow at a healthy CAGR of 6.80% during 2016 to 2024. The global adhesive tapes market was worth US$51.54 bn during 2015 and is expected to rise at a valuation of US$92.36 bn by the end of the forecast period. The global adhesive tapes market is led by application segment. The rise in this segment is mainly due to research and development activities. The adhesive tapes market is led by Asia Pacific. This region is witnessing prominent growth compared to other regions and is expected to lead the market in the coming years.

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Developing Automotive and Packaging Industry to Boost the Global Adhesive Market Growth

The global adhesive tapes market is anticipated to show significant rise in the market owing to increased number of technological advancements in automotive industry. The trend to substitute screws, rivets, bolts, and other fastening traditional techniques are being substituted by strong adhesive tapes thus, leading to increase demand for adhesive tapes in the market. Demand for light-weight vehicles are fueling the global adhesive tapes market. There is also significant growth of adhesive tapes in electronic device industry. Healthcare industry is accelerating the market growth of adhesive tapes due to high demand for the same for medical devices, fixing post surgeries cover shield, covering wounds, acting as protective layer for surgical containers, monitoring of electrodes, and cleaning purposes.

Specialty tapes are increasing in demand due to its affordable price, desired performance, and easy handling properties. Rise in research and development activities have led to expansion of its application globally thus, resulting in new opportunities for the market. Rise in awareness about safety of environment have led to increased demand for ecofriendly tapes in the market. Adhesive tapes have found their application in industries such as automotive, electronics, electrical, and healthcare.

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Volatility of Raw Material Prices to Hamper Market Growth

 The global adhesive tapes market is expected to experience restrains in the market due to certain factors such as fluctuating prices of raw materials. This factor is likely to affect the market growth severely in the coming years. Stringent rules and regulations regarding the emission of certain chemicals are expected to hamper the market growth. There are also certain rules which must be followed to attain approval for production of adhesive tapes. These are some of the potential factors that can restrain the global adhesive tapes market growth during the forecast period.

As per a new report by Transparency Market Research (TMR), the North America sealers market is anticipated to observe substantial growth over the next few years, thanks to the considerably increasing competition between the leading market participants. With the continual entry of new players, the competition within this market is projected to intensify further, creating novel growth opportunities for this market in the years to come. Neyra Industries Inc., Fahrner Asphalt Sealers LLC, Bonsal American, Asphalt Coatings Engineering Inc., The Brewer Co., RaynGuard, SealMaster, GemSeal Pavement Pro, and Vance Brothers are some of the key players in this market, reviewed in this research report.

According to the report by TMR, the market for sealers in North America offered an opportunity worth US$405.7 mn in 2015. Expanding at a CAGR of 4.70% between 2016 and 2024, the market is projected to reach US$609.3 mn by the end of the forecast period. The demand for sealers is significantly high in driveways and parking lots. In 2015, this segment acquired nearly 80% of the overall market and is anticipated to remain on the top over the forthcoming years. Bitumen and asphalt-based sealers have been registering the most prominent demand and are expected to continue doing so in the near future, states the research report.

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U.S. to Lead North America Sealers Market

In this research report, the geographical presence of the North America market for sealers has also been studied thoroughly. The U.S., Canada, and Mexico have been considered as the key domestic markets for sealers in this study. Among these, the U.S. occupied the leading position in 2015 with a share of around 85%. The increasing ban on coal tar sealers, thanks to the rising awareness pertaining to PAH (poly-cyclic aromatic hydrocarbons) emissions from coal tar sealers, is likely to support the U.S. market for sealers, substantially, in the years to come, ensuring its dominance, reports the market study.

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Rise in Automotive Industry to Support Growth of North America Sealers Market

The extensive usage of sealers in driveways and parking lots, as they provide a host of benefits, such as decreased water and fuel infiltration, enhanced lifecycle of the paved material, and added aesthetics, is the key factor that has been supporting the growth of the sealers market in North America. Another main factor, according to a TMR analyst is “the growth of the automotive industry in North America.” “The increasing number of vehicles in the region is fueling the demand for driveways, parking lots, and garages, leading to a high demand for sealers,” he added. With the need to maintain the high performance, efficiency, and appearance of these constructions, the demand for sealers in this region is expected to remain increasing over the next few years, notes the research study.

Aluminum pigment market is expected to show a significant rise in the market due to its multiple uses in paints, plastics, and personal care sectors. The market is dominated by majorly large and mid-sized players. There is very little scope left for new players to enter the market. According to a report by Transparency Market Research, the major companies such as Silberline Manufacturing Co. Inc., Altana AG, Carl Schenk AG, and three other held 48% share in the global aluminum pigments market in 2015.

The global aluminum pigment market is expected to rise at a strong CAGR of 6.4% by 2024. The market was worth US$ 332 mn during 2015 and is estimated to rise upto US$ 581 mn by 2024. According to volume, the market held a value of 46 kilotons during 2015. The end user segment is dominated by personal care industry and it is expected to rise during the forecast period due to increase demand in consumption of various products under this segment. Geographically, Asia Pacific is leading the market with China demonstrating a potential rise in the market due to increased production and consumption rate.

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Rise in Usage of Personal Care to Boost the Global Aluminum Pigment Market

The rise in coatings, paints, and automobile enterprises is likely to boost the market for aluminum pigments. The increase in consumption of automobile enterprises in developing industries such as Asia Pacific is the major factor for rise in growth of the market. The consumer rate is rising in this region with increase in manufacturing offices and foundation of assembling. The rise in disposable income is increasing the rise in usage of commercial and public vehicles. These factors will show a significant rise in the market. There is also a rise in demand for ale pack of color choices for vehicles which is increasing the demand for aluminum pigments in the automobile business.

The improvement in automobile business is likely to be the key factor for rise in global aluminum pigment market. The utilization of aluminum pigments in various industries like personal care, coating, plastics, and paints are proving to be of high development potential in the market. The increase in construction business due to development of infrastructure of residential and non-residential projects will be fueling the market.  The increase in demand for aluminum powder will expand the demand for aluminum pigment in the market. The increase in nanotechnology with the broad utilization of aluminum nanoparticles is anticipated to expand the demand for aluminum pigment market globally.

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Expensive Machinery to Hamper the Growth of Global Aluminum Pigments Market

The high cost and value of machinery and raw material is likely to affect the market during the forecast period. They will be a stringent hindrance in the growth due to device evaluation and innovation. These factors will affect the new players in the market and make it even harder for them to sustain in the market. The rise in awareness among consumers for environment safety will likely hamper the growth of global aluminum pigments market. The shift in nature friendly paints and coating will remain a key obstruction for the growth of market. The trading ideas will also face hindrance during the forecast period.

The global welding product market is projected to witness stellar growth in the coming years, according to report published by Transparency Market Research (TMR).  The competitive ecosystem of the welding equipment market is presently fragmented in nature. Market players are engaged in strategies such as mergers and acquisition in order to gain a foothold in the intense market competition. Vendors are also focused on enlarging their production capacities, by effect of mergers, to offer vast availability and a wider product portfolio to consumers. Being a capital intensive industry, players in the welding products market are finding it difficult to compete with established vendors. Local vendors are not yet equipped with the functionality, quality and service. However, local vendors in the global welding equipment have an edge over global ones as they can offer cost-effective products. This is another key strategy used by vendors to gain a sizable market share.

ESAB, Lincon Electric, and ITW held roughly 30% of the overall market share in 2013. Prominent players operating in the global welding products market are Sonic & Materials Inc., Fronius International GmbH, Arcon Welding, Voestalpine AG, andn Panasonic.

The global welding products market is expected to grow at a 26.8% CAGR over the forecast period of 2014 to 2020. The global welding equipment market was valued at

US$19,080.3 mn in 2015 and is projected to reach US$23,777.5 mn by the end of 2020.

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Booming Infrastructure Activities to Propel Growth

Burgeoning infrastructure ventures including wind turbine establishments is a key factor adding to the fast increment of the welding equipment part. Further, change in the development and assembling facilities incites the requirement for further developed gear, fuelling market growth. Likewise, the consistent need of keeping up and repairing the current applications crosswise over different ventures may additionally goad the product market demand throughout the following years.

Welding products are broadly utilized in different applications, for example, oil and gas, aviation and air ship, metals and materials, vehicle, development, and marine industry. The procedure is vital for conclusive yield and is used in the automotive business for assembling parts and vehicle body in send working for tasks on basic segments like motors, pipes, and machines. Fast infrastructural development and positive government enactments is the principle factor behind the strength of the global welding products market.

Reception of Technological Innovations to Boost Growth

Arc welding innovation is generally connected for skeleton parts attributable to the simplicity of keeps joining and giving high quality and unbending nature of joints. Advanced arc welding technology are likewise being acquainted with enhance productivity and proficiency. The growing trend of weight decrease of vehicles is likewise driving the interest for cutting edge welding technology, boosting the growth of the global welding equipment market. Automated welding machines are being embraced on an extensive scale over enterprises to quicken the production procedure and deliver a quality product. Assembling units in different businesses are introducing robotized welding sequential construction systems to increase most extreme speed during the time spent welding and result in the better product.

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Automation to Challenge Market Growth

Consumer inclination towards automated welding from the manual is a key restraint that could be faced by welding equipment market in most recent couple of years. Rising deficiency of prepared work, especially in the propelled nations is convincing producers to take new paces in advanced mechanization world. Likewise, an appearance of welding robot for production forms limits reliance on difficult work and in this manner drives interest for the hardware. Moreover, arc welding is as yet finding an extensive application in interfacing substantial plates to fabricate a vast structure of steel.

The global polypropylene market is prognosticated to witness positive growth in the coming years, as reported by Transparency Market Research (TMR). The market’s business landscape features fragmentation at present. The global polypropylene market consists of a large pool of players. Vendors in this market are seen focusing on development of novel marketing strategies and ideas in order to carve a niche position for themselves. Prominent focus is being put towards the launch of new products, create a brand reputation, and gain a strong foothold in the global polypropylene market.

Leading vendors operating in the global polypropylene market include Reliance Industries Limited, LyondellBasell Industries N.V, BASF SE, NEOS Group Holdings, and Borealis AG. Vendors are expected to capitalize on the substantial opportunities offered by burgeoning industry sectors such as consumer goods, automotive and electronics. Market players are seen offering customization in their products, which could open new avenues for their growth.

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According to TMR’s projections, the global polypropylene market will rise at a 5.70% CAGR over the forecast period 2015 to 2023. The market was estimated to be worth US$81.6 bn in 2014, and is prognosticated to reach US$ 133.3 bn by 2023.

Burgeoning Packaging Industry to Boost Growth

It is considered that the polypropylene market draws more revenue shares from packaging because it has been used in various other industries, such as food packaging and beverage packaging. It has various advantages, such as a low screening threshold, high impact resistance, good optical property and flexibility. In addition, paper, metals and cellophane have been replaced in the packaging sector and are offering competitive prices on the market.

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Need for Sustainable Products May Hamper Market

The risky environmental effects of plastics increase over time and create market concern. In addition, the prices of raw materials are very volatile and may also be an obstacle to global polypropylene market growth in the following years. However, for its packaging purposes, the food and beverage industry has a considerable demand for polypropylene, which is more likely to boost growth and demand in the global polypropylene market.

Food and Beverage, Injection Molding Sector to Offer Key Market Opportunity

For food packaging, polypropylene is safe, since its reactions to the food do not occur. Compared to other materials it is a cost-effective packaging medium used for packaging in various industry areas, such as healthcare, food, and cosmetics etc. The largest use of polypropylene as regards volume is the injection molding. In the injection molding machine polypropylene is melted, then injected into the mold, cooling and solidifying into the final part. Because of the polypropylene properties. This will provide suppliers in the global polypropylene market with more opportunities in the coming years.

The featured report from Transparency Market Research (TMR) on the global mining chemicals market offers the latest intelligence on the industry. This report is titled “Mining Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”. According to this report, the global mining chemicals market will expand at a CAGR of 6.6% during the forecast period from 2013 to 2019. In 2012, the global mining chemicals market was estimated at US$18 bn and by 2019, the market is projected to be worth US$28.1 bn.

The global mining chemicals market is driven by the growing demand for mining chemicals due to the increase in the occurrence of low-quality and complex ores. In addition to this, the global mining chemicals market’s growth is also supported by the stringent government regulations for tailings management and the rising economic conditions in the Asia Pacific region. On the other hand, the global mining chemicals market is suppressed by the complicated transportation and logistics involved in the mining chemicals market.

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Product-wise, the global mining chemicals market is divided into grinding aids, solvent extracts, collectors, flocculants, frothers, and others. The segment of grinding aids held the largest share in the global mining chemicals market in terms of volume, around 29% in 2012. The second largest product segment in the global mining chemicals market in 2012 was that of collectors. The global mining chemicals market exhibits a moderate degree of forward integration due to the engagement of a few mining chemical producers in downstream activities. This integration will provide participants a distinctive competitive edge in terms of enhanced customer retention and market demands.

By application, the global mining chemicals market is segmented into water and wastewater treatment, explosives and drilling, mineral processing, and others. In 2012, the waste and wastewater treatment segment held a share of 40%, in terms of volume consumed, in the global mining chemicals market. Rising demand for mining chemicals used for water treatment due to the presence of favorable regulations in several countries to control the effect of mining on the environment will drive the segment of water and wastewater treatment in the global mining chemicals market.

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On the basis of region, the global mining chemicals market is classified into Asia Pacific, Europe, North America, and Rest of the World (RoW). In 2012, Asia Pacific and Europe were the key regional markets for mining chemicals. Asia Pacific was the dominant regional market for mining chemicals and held a share of more than 50% in the global mining chemicals market in terms of total volume consumption. Several key mining chemical producers are increasingly focusing on capacity expansion in the Asia Pacific region. In addition to this, the revival of the global economy following recent economic troubles in the Western World will also drive the demand for minerals and rare earth metals globally.

Companies in the global mining chemicals market will benefit from the market opportunity of growing investment in mining in North Africa and Latin America. Some of the key players operating in the global mining chemicals market are AkzoNobel Performance Additives, Air Products and Chemicals, Cytec Industries, Clariant AG, The Dow Chemical Company, BASF SE, and Ashland Inc.

The global physical vapor deposition market witnesses a high degree competition among the leading players and entry barriers is restricted for the new and small players. Entry barriers are strict due to extensive patent protection provided to PVD technologies, materials, process, and systems, notes Transparency Market Research. Over 200 patents have further limited expansion of small companies, as they need to be authorized under patents that have limited their scope of growth. According to the report, the leading players in market; some of the leading players are Mustang Vacuum Systems, Applied Materials, Inc., Singulus Technologies AG, Silfex Inc. (Lam Research Corp.), and IHI Corporation.

As per the TMR, the global physical vapor deposition market is estimated to attain a valuation of US$33.33 bn by the end of 2025 progressing from US$16.4 bn in 2016. The market is predicted to rise at a healthy 8.3% CAGR during the forecast period 2017 to 2025.

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Among various classification by category in which physical vapor deposition market is divided, PVD equipment segment leads the market by holding nearly half of the share in the market in 2016. This segment is considered one of the most lucrative segment for the growth of the market. During the forecast period, PVD equipment segment is expected to maintain its dominance mainly because of high costs of PVD equipment. Based on geography, Asia Pacific leads the market by holding 40% of the global market shares in 2016. The value of the market in this region was US$7.44 bn in 2016 and is expected to double by the end of forecast period.

The demand for the physical vapor deposition is increasing in the electronics industry as they have adopted PVD on a large scale. In addition, rising demand for microelectronics in various applications such as automotive industry, data storage, medical equipment, solar products, architectural glasses are acting as the growth driver for the global physical vapor deposition market.

PVD coating is widely employed in cutting tools by providing advanced oxidation resistance, outstanding wear resistance, improved cutting speed and feed rate, and many other benefits. Thus, PVD in cutting tools is expected to grow in coming years. Furthermore, flourishing automotive and construction industries are expected to accelerate the demand in the physical vapor deposition market in coming years. Increasing focus on the incorporation of green power technologies in their energy mixes is creating high demand for effective solar energy products, which, in turn, is also expected to drive the market.

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High Initial Investment from New Entrants to Restrict Market Entry

There are certain restraining factors affecting the growth of the market. One of the major factors is stringent patent protection laws on existing PVD technologies.  Due to strict laws, the market entry by the new entrants has become more difficult, thus, reducing the chance of healthy competition among the various leading as well as small players in the market. Moreover, patent protection is likely to increase initial investment required by new players that may lead to a possibility of market monopoly in coming years.

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.

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.

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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.

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.

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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.

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.